FUTURE
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £9,180,621 were maintained at the end of the year, which the Trustees consider sufficient to meet their policy target of three to six months' expenditure. The independent auditor confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent at least to between three and six month’s expenditure.” — page 7
“During the year Lord John Nash, a trustee of the Charity, donated £113,437 (2024 £2,165,940) to the unrestricted funds of the Charity.” — page 22
“During the year grants totalling £63,468 (2024 - £1,015,719) were made to support Future Academies.”
“During the year Lord John Nash, a trustee of the Charity, donated £113,437 (2024 £2,165,940) to the unrestricted funds of the Charity.” — page 22
“During the year grants totalling £63,468 (2024 - £1,015,719) were made to support Future Academies.”
Structured financials (annual return, FY ending 31/10/2024)
Trustees
- JOHN ALFRED STODDARD NASHchair
- CAROLINE NASH
- David Bloch
- GILBERT CHALK
- John Alan Putt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £268k | £380k |
| 31/10/2024 | £2.4m | £1.2m |
| 31/10/2023 | £363k | £909k |
| 31/10/2022 | £199k | £850k |
| 31/10/2021 | £143k | £343k |
Common questions
Is FUTURE financially healthy?
The accounts state that unrestricted reserves of £9,180,621 were maintained at the end of the year, which the Trustees consider sufficient to meet their policy target of three to six months' expenditure. The independent auditor confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Alexander James & Company Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KIDS IN KATHMANDU NEPAL | 1 | £22k |
| THE NORTH WALES POLICE AND COMMUNITY TRUST | 1 | £250 |