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FOUNDATION FUTURES CIO

Registered charity 1188809 · accounts filings on the Charity Commission register

Foundation Futures CIO is a specialist teaching and youth service operating in the NE of England. We support young people to find out what they can do instead of what they can't. We support their families and the wider community to improve the lives of young people.

Causes: Education/training · Disability · Economic/community Development/employment · website · Get email alerts

Latest income
£179k
Latest spending
£139k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £39,790 for the year ended 31 March 2025, with total unrestricted and restricted funds carried forward amounting to £120,170. The trustees' report identifies the main financial risk as the potential loss of ongoing grant funding, noting that the charity holds reserves equivalent to 4 to 6 months of operational costs. Per the independent examiner's report, no matters were identified that would prevent the accounts from being understood or indicate non-compliance with accounting standards.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 4 to 6 months of necessary expenses (operational costs) (held: £56k)
“It is the policy of Foundation Futures CIO to hold 4 to 6 months of necessary expenses (operational costs) in the event of a loss of income” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Foundation Futures CIC
“One source of funds in this financial year has been surpluses gifted to the CIO from our sister non-profit company Foundation Futures CIC.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Durham · Gateshead · Newcastle Upon Tyne City · North Tyneside · Northumberland · Stockton-on-tees · Sunderland

Income and spending

Financial year endIncomeSpending
31/03/2025£179k£139k
31/03/2024£116k£135k
31/03/2023£132k£121k
31/03/2022£149k£121k
31/03/2021£77k£16k

Common questions

Is FOUNDATION FUTURES CIO financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £39,790 for the year ended 31 March 2025, with total unrestricted and restricted funds carried forward amounting to £120,170. The trustees' report identifies the main financial risk as the potential loss of ongoing grant funding, noting that the charity holds reserves equivalent to 4 to 6 months of operational costs. Per the independent examiner's report, no matters were identified that would prevent the accounts from being understood or indicate non-compliance with accounting standards. Its FY2025 accounts were independently examined.

Who funds FOUNDATION FUTURES CIO?

Funders whose own accounts filings name FOUNDATION FUTURES CIO as a grant recipient include THE BADUR FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE BADUR FOUNDATIONFY2024£26k
THE BADUR FOUNDATIONFY2022£15kContribution towards 'Makes Stuff' pilot

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund14/07/2023£7kMH Byker Escape
The National Lottery Community Fund03/03/2023£10kCulture Vultures