FUTURE FIRST ALUMNI LIMITED
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £160,802 against a stated policy target of £75,000 to £225,000, representing approximately two months of core operating costs. The charity reported a net income increase to £39,893 and maintained a positive cash balance of £184,076 at the year-end. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees have determined that the charity should hold free cash reserves sufficient to cover between 1 - 3 months’ core operating costs, which equate to approximately £75k - £225k.”
“During the year, the charity received £37,500 (2024 - £37,500) in unrestricted donations and other support from trustees and their associated entities. There were no other related party transactions in the period.” — page 41
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Camilla Camley
- LINDSEY MCMURRAY
- MICHAEL TER-BERG
- Nicholas Buckland
- Rhian Haf Thomas
- Sarah Hollyhead
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.0m | £988k |
| 31/08/2024 | £1.4m | £1.4m |
| 31/08/2023 | £1.3m | £1.6m |
| 31/08/2022 | £1.4m | £1.5m |
| 31/08/2021 | £916k | £970k |
Common questions
Is FUTURE FIRST ALUMNI LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £160,802 against a stated policy target of £75,000 to £225,000, representing approximately two months of core operating costs. The charity reported a net income increase to £39,893 and maintained a positive cash balance of £184,076 at the year-end. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Wenn Townsend.