FUTURE
Our mission is to help young people succeed. There are three arms to the work that we do to help young people overcome the difficulties they face and achieve their full potential: Venture Philanthropy, Academy Sponsorship and Research.
Objects
THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THE INCOME TO SUCH CHARITABLE INSTITUTIONS OR TOWARDS OR FOR THE ADVANCEMENT OR IN FURTHERANCE OF SUCH CHARITABLE PURPOSES IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES MAY FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION DETERMINE AND WITHOUT LIMITING THE GENERALITY OF THE ABOVE IT IS THE INTENTION OF THE TRUSTEES TO APPLY THE SAID INCOME TO THE RELIEF OF POVERTY AMONGST CHILDREN AND YOUNG ADULTS.
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.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/10/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/10/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/10/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/10/2022 (received 20/12/2023, 111 days after the 31/08/2023 due date).
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?
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. Its FY2025 accounts were audited by Alexander James & Company Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| This Day Foundation | 1 | £4.4m |
| THE NUFFIELD FOUNDATION | 1 | £367k |
| THE SEGELMAN TRUST | 1 | £202k |
| THE DULVERTON TRUST | 1 | £165k |
| GLOBAL DIALOGUE | 1 | £163k |
| THE BARROW CADBURY TRUST | 1 | £103k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £55k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £30k |
Charities like this
- BRITISH FUTURE
- FUTURE FOR ALL
- OUR FUTURE
- THE TALENT FOUNDRY TRUST
- FUTUREWORKS NY
- FUTURE SCOPE CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FUTURE | £268k | — | 0 | above | — | no doubt |
| BRITISH FUTURE | £662k | — | — | unclear | — | no doubt |
| FUTURE FOR ALL | £140k | — | 0 | unclear | — | no doubt |
| OUR FUTURE | £618k | — | — | above | — | no doubt |
| THE TALENT FOUNDRY TRUST | £2.0m | — | — | within | — | no doubt |
| FUTUREWORKS NY | £323k | — | 0 | above | — | no doubt |