Bright Futures Early Learning
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net income of £177,140 for the year ended 31 March 2025, resulting in total unrestricted funds increasing to £383,358. However, the trustees report that free reserves were £nil because all funds are invested in fixed assets, specifically leasehold improvements. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or related party transactions.
What the accounts disclose
“The Charities Commission recommends holding free reserves of between 3 and 6 months operating expenditure. The trustees aim for this level of reserves and are committed to restoring free reserves in the charity as soon as possible through future surpluses.” — page 4
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Pagan Anne Cavaneychair
- Gemma Louise Nuttall
- Sharon Charlesworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £1.8m |
| 31/03/2024 | £1.6m | £1.7m |
| 31/03/2023 | £1.5m | £1.4m |
| 31/03/2022 | £999k | £960k |
| 31/03/2021 | £555k | £546k |
Common questions
Is Bright Futures Early Learning financially healthy?
The accounts state that the charity recorded a net income of £177,140 for the year ended 31 March 2025, resulting in total unrestricted funds increasing to £383,358. However, the trustees report that free reserves were £nil because all funds are invested in fixed assets, specifically leasehold improvements. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or related party transactions. Its FY2025 accounts were audited by Ainsworths Limited.