FUTURE SCOPE CHARITABLE TRUST
Latest income
£236k
Latest spending
£314k
Registered
2023
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £8,965,641, which exceeds the trustees' stated policy target of approximately six months' expenditure. The trustees confirm that assets are available and adequate to fulfill obligations, with no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: approximately 6 months’ expenditure on grants and management and administration (held: £9.0m)
“It is the policy of the Trustees to maintain the General unrestricted funds, which are the free reserves of the Charity, at a level which equates to approximately 6 months’ expenditure on grants and management and administration.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Norman Parry (trustee)
“During the year Norman Parry (trustee) made donations of £4,761,339 (2023: £4,000,000) to the charity.” — page 22
“Wansbroughs LLP is an entity related to the charity by virtue of a trustee of the charity having significant influence over the LLP. Wansbroughs LLP fees are billed on an arm's length basis, apart from time relating to the work of Andrew Jenkins (trustee) which is billed by Wansbroughs at up to half of his standard hourly rate.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Legal fees from Wansbroughs LLP (trustee-connected entity) at discounted rate for trustee Andrew Jenkins
“During the year Norman Parry (trustee) made donations of £4,761,339 (2023: £4,000,000) to the charity.” — page 22
“Wansbroughs LLP is an entity related to the charity by virtue of a trustee of the charity having significant influence over the LLP. Wansbroughs LLP fees are billed on an arm's length basis, apart from time relating to the work of Andrew Jenkins (trustee) which is billed by Wansbroughs at up to half of his standard hourly rate.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£4.8m
Total spending
£180k
Cost of raising funds
£50k
Reserves (reported)
£0
Employees
0
Trustees
- ANDREW MORRIS JENKINS
- Jessica Parry
- William Thomas Parry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £236k | £314k |
| 31/12/2024 | £4.8m | £180k |
| 31/12/2023 | £4.0m | £30k |
Common questions
Is FUTURE SCOPE CHARITABLE TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £8,965,641, which exceeds the trustees' stated policy target of approximately six months' expenditure. The trustees confirm that assets are available and adequate to fulfill obligations, with no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 1 | £5k |
| THE LAUFFER FAMILY CHARITABLE TRUST | 1 | £1k |