**REGISTERED COMPANY NUMBER: 05908674 (England and Wales) REGISTERED CHARITY NUMBER: 1116271**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
**FOR**
## **FUTURES UNLOCKED**
**FUTURES UNLOCKED**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 5|
|**Independent Examiner's Report**|6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8 to 9|
|**Notes to the Financial Statements**|10 to 21|
|**Detailed Statement of Financial Activities**|22 to 23|
**FUTURES UNLOCKED**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The principal aim of the charity has remained to support ex-offenders leaving prison and resettling in their local community. The charity continues to provide 'through the gate' and community mentoring support to assist the ex-offenders to make a successful transition back into the community
The charity supports its clients across a range of issues including housing, substance abuse, education or training, work relationships, family matters, social and, where appropriate, their faith journey. We are proud of our mentor training and our procedure for matching clients to trained volunteer mentors to offer bespoke holistic mentoring.
## **Personnel**
The Charity had 3 paid employees during the year
Philip Jones Chaplain and Operations Manager John Powell Community Chaplain Olakunle Ikuomola Volunteer Co-ordinator (until November 2020).
## **Our mission**
To increase community safety and engagement by reducing re-offending through the use of trained volunteers to mentor those who have been convicted of criminal activity in order to assist them in achieving pro-social integration into their local communities.
## **ACHIEVEMENT AND PERFORMANCE**
## **Overview of 2020**
Futures Unlocked and its ability to deliver quality mentoring in the community has been significantly impacted by the COVID 19 pandemic. Access to prisoner's pre-release has been largely non-existent and work in the community has been curtailed by the closing of business, public and social venues which traditionally have been the place where our work is done.
'Through the Gate' work has been severely curtailed as we have not been able to gain access to resettlement prisons for most of the year. In reach work with out of area prisoners has depended on the arrangements in place for the particular establishment. Some prisons provided telephone contact, others video platform meetings while others could offer nothing. This hampered gate pick-up provision and resulted in the engagement with those returning to our area being significantly impacted.
Community referrals were easier to manage, though again one-to-one meetings, if we were able to hold them at all, were in open spaces such as parks or shopping areas. We managed to deliver quality outcomes for a high percentage of our clients.
The majority of the community groups which use our café premises were unable to meet during the year and this has continued in to 2021.
We operated with two full time and a part time member of staff, though our part time staff member left in November. We now have 17 volunteer mentors having lost a number over the year and have been unable to recruit new mentors as we have not been able to hold training sessions due to the pandemic. We managed to secure funding to deliver online training and have that in hand to commence in early 2021. We did not deploy volunteers in the same way as normal given the risks and restrictions involved. We have held two on-line peer group support sessions with mentors during this period.
Page 1
**FUTURES UNLOCKED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020**
## **ACHIEVEMENT AND PERFORMANCE Funding**
Our principal funding during the year has come from -
|Big Lottery (Reaching Communities fund)|£50,944|
|---|---|
|National Probation Service|£18,000|
|Warwickshire & West Mercia Community Rehabilitation|£13,000|
|Rugby Community Safety Partnership|£18,000|
|Warwickshire Police and Crime Commissioner|£ 9,310|
We have received some income from letting meeting rooms in our premise and we have continued to receive donations and gifts from individuals, local businesses and organisations such as The Rotary and Lions Clubs.
2021 is the last year that the charity will receive funding from the Big Lottery. The charity has made a number of applications to replace this funding stream to enable it to continue to provide its core services and deliver projects. The charity is waiting for the outcome of these applications.
## **Projects**
There are three principal projects currently operated:
## **1. Through the Gate "Meet and Mentor"**
Futures Unlocked is contracted to a Tier 1 provider to the Community Rehabilitation Company to deliver inreach work in our resettlement prisons, a prison gate pick up and 10 further mentoring meetings in the community.
## **2. Out of area mentoring**
This provides support to those prisoners located elsewhere in a similar manner to that provided to those in our resettlement prisons. The resettlement departments in these out of area prisons are not as well acquainted with the particular issues and demands of our locality in terms of resettlement and rehabilitation.
## **3. Core mentoring**
This provides mentoring support to prisoners already released but deemed to require support to achieve long lasting resettlement. There is no time limitation attached to this project though it is unlikely to go on for longer than 12 months. Cases which start in the above two projects can and do migrate to core mentoring if the case demands.
We have considered the charity commission guidance on public benefit and believe that the projects above are inline with the guidance in the charity being a public benefit.
## **The caseload**
Our case referrals are predominately high-risk National Probation Service cases. 54 cases fell within cohorts of significant offender classes as detailed below.
Page 2
**FUTURES UNLOCKED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020**
## **ACHIEVEMENT AND PERFORMANCE**
Referrals
## **Projects**
|**Projects**|||
|---|---|---|
|Core Probation||82|
|Core Rehabilitation||13|
|Through The Gate - Probation||4|
|Through The Gate - Core Rehabilitation||16|
||**Total**|**115**|
Of these referrals there were the following priority cases
|Domestic Abuse Serial Perpetrator||10|
|---|---|---|
|Other Integrated Offender Management||6|
|Imprisonment for Public Protection/Lifers||10|
|Multi Agency Public Protection||10|
|Sex Offences||18|
||**Total**|**54**|
## Closed Cases
There have been 101 cases closed in the year.
## **Closure**
|**Closure**||
|---|---|
|Not matched - Client declined|30|
|Not matched - Client recalled to prison|8|
|Not matched - Client withdraws before matching|10|
|Not matched - Client issues|10|
|Matched|43|
## Outcomes
|||**Start**|**Start**|**Start**|**End**|**End**|**End**|**Movement**
**across pathways**|
|---|---|---|---|---|---|---|---|---|
|**Pathway**||**Red**|**Amber**|**Green**|**Red**|**Amber**|**Green**||
|Accommodation||16|20|4|2|15|23|-14 Red to +19 Green|
|Alcohol||4|9|27|3|7|30|-1 Red to +3 Green|
|Drugs||8|12|20|5|11|24|-3 Red to +4 Green|
|Education||2|12|26|1|12|27|-1 Red to +1 Green|
|Employment||17|13|10|8|15|17|-9 Red to +7 Green|
|Faith||1|8|31|-|8|32|-1 Red to +1 Green|
|Family/Relationships||12|15|13|5|18|17|-7 Red to +4 Green|
|Finance/Debt||21|19|-|7|22|11|-14 Red to +11 Green|
|Health||17|11|12|10|17|13|-7 Red to +1 Green|
|Social life||9|29|2|5|21|14|-4 Red to + 12 Green|
|Thinking/Attitude/Behaviour||1|27|12|1|24|15|+3 Green|
|Total||108|175|157|47|170|223|Average 56% improvement across all
pathways with some; Accommodation,
Finance, Social Life; showing
significant improvement.|
Page 3
**FUTURES UNLOCKED**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020**
## **ACHIEVEMENT AND PERFORMANCE**
## Issues
1. With the new configuration for Probation services it is unclear how the Social Inclusion pathway will be delivered in Warwickshire and how we will fit in that regime.
2. The charity has sought and been appointed to the Ministry of Justice Dynamic Framework for Social Inclusion and Accommodation. We are in discussion with the charity YSS with whom we had a working relationship in delivering Through the Gate mentoring and with Fry Accord with whom we have developed links for delivering mentoring support to female ex-offenders.
3. Following the increase in the number of out of area cases a grant has been made to the Police and Crime Commissioner and the trustees await the outcome of that application.
## **FINANCIAL REVIEW**
## **Reserves policy**
The charity maintains cash reserves of £19,000 to cover the cost of staff notice periods and administrative costs in the event that further funding is not forthcoming. The charity currently has sufficient funding available in the free reserves of £24,371 to cover these costs.
## **Going concern**
Due to the Covid-19 pandemic, the Charity has needed to change how it operates to ensure that it complied with the restrictions that were in place. The charity is continuing to provide mentoring services to clients indirectly and referrals continue to be received and actioned. While in-reach work is curtailed, outreach work from prison gate pick up onward continues. It is envisaged that demand will be heightened when current regimes are relaxed.
As per the reserves policy above, the charity has good reserves and funding in place to see them through the next twelve months currently and would actively look for new funding sources if this were to change.
## **FUTURE PLANS**
We plan to continue with our core activities and develop further mentoring projects within our local prisons.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The charity was formed in August 2006 and is governed by its Articles of Association.
## **Recruitment, appointment and training of new trustees**
The Trustees keep under review potential new trustees and to that end appointed three new trustees in February 2020 who have a breadth of skills which will improve the quality and expertise of the board. Induction, and where necessary, training is provided for new trustees appointed. All trustees who require training in governance are offered that opportunity.
## **Organisational structure**
Staff report to the Operations Manager. The Operations Manager reports to the Trustees on strategic and financial matters. The Operations Manager also attends Trustee Meetings as required.
Page 4
**FUTURES UNLOCKED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees monitor the principal risks and have policies in place to limit the risk and safeguard the charitable company.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
05908674 (England and Wales)
**Registered Charity number** 1116271
## **Registered office**
The Hope Centre 8 Newbold Road Rugby Warwickshire CV21 2LJ
## **Trustees**
M Mansell S Bailey (resigned 1/2/20) Reverend L Gill Mrs V de Kock (appointed 1/2/20) D Proctor (appointed 1/2/20) Mrs E Wells (appointed 1/2/20)
## **Independent Examiner**
DNG Dove Naish LLP Chartered Accountants Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 18[th] June 2021 and signed on its behalf by:
M Mansell - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FUTURES UNLOCKED**
## **Independent examiner's report to the trustees of Futures Unlocked ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Use of our report**
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our independent examination work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our independent examination work, for this report, or for the opinions we have formed.
N Fox FCA DNG Dove Naish LLP Chartered Accountants Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ
Date: 7 July 2021
Page 6
**FUTURES UNLOCKED**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2020**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
11,679
**Charitable activities**
5
Supporting ex-offenders
141
Other trading activities
3
1,479
Investment income
4
41
**Total**
13,340
**EXPENDITURE ON**
**Charitable activities**
6
Supporting ex-offenders
18,521
**NET INCOME/(EXPENDITURE)**
(5,181)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
35,173
**TOTAL FUNDS CARRIED FORWARD**
29,992|Restricted
funds
£
96,756
13,264
-
-
110,020
99,489
10,531
18,537
29,068|2020
Total
funds
£
108,435
13,405
1,479
41
123,360
118,010
5,350
53,710
59,060|2019
Total
funds
£
116,643
13,933
6,448
104|
|---|---|---|---|
||||137,128
123,759|
||||13,369
40,341|
||||53,710|
The notes form part of these financial statements
Page 7
**FUTURES UNLOCKED**
## **BALANCE SHEET 31 DECEMBER 2020**
|Unrestricted
Restricted
funds
funds
Notes
£
£
**FIXED ASSETS**
Tangible assets
14
915
-
**CURRENT ASSETS**
Debtors
15
6,190
1,105
Cash at bank and in hand
24,371
27,962
30,561
29,067
**CREDITORS**
Amounts falling due within one year
16
(1,483)
-
**NET CURRENT ASSETS**
29,078
29,067
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
29,993
29,067
**NET ASSETS**
29,993
29,067
**FUNDS**
18
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2020
Total
funds
£
915
7,295
52,333
59,628
(1,483)
58,145
59,060
59,060
29,993
29,067
59,060|2019
Total
funds
£
1,565
6,924
47,572
54,496
(2,351)
52,145
53,710
53,710
35,173
18,537
53,710|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 8
continued...
**FUTURES UNLOCKED**
**BALANCE SHEET - continued 31 DECEMBER 2020**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 18[th] June 2021 and were signed on its behalf by:
The notes form part of these financial statements
Page 9
**FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£).
## **Critical accounting judgements and key sources of estimation uncertainty**
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.
## **Changes in accounting policies**
The activities of the charity have been changed during the year and reflected in the prior year, to better reflect the charity within the reporting criteria of the SORP.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost Fixtures and fittings - 33% on cost Computer equipment - 25% on cost
Fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Where parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items of property, plant and equipment.
Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.
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continued...
**FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
## **1. ACCOUNTING POLICIES - continued**
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Financial instruments**
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Page 11
continued...
**FUTURES UNLOCKED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
|**2.**
**DONATIONS AND LEGACIES**
Donations
Gift Aid
Grants
Grants received, included in the above, are as follows:
Warwickshire PCC
National Probation Service
Rugby Borough Council
The Big Lottery Fund
Warwickshire County Council
**3.**
**OTHER TRADING ACTIVITIES**
Room hire income
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Fundraising income
Supporting ex-offenders
Contracted income
Supporting ex-offenders|2020
£
10,439
1,242
96,754
108,435
2020
£
9,310
18,000
18,000
50,944
500
96,754
2020
£
1,479
2020
£
41
2020
£
141
13,264
13,405|2019
£
9,519
686
106,438
116,643
2019
£
19,495
18,000
18,000
50,943
-
106,438
2019
£
6,448
2019
£
104
2019
£
670
13,263
13,933|
|---|---|---|
||||
||||
||||
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continued...
**FUTURES UNLOCKED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
|**6.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Support
Costs (see
costs (see
note 7)
note 9)
£
£
Supporting ex-offenders
87,226
30,784
**7.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
2020
£
Staff costs
70,565
Telephone
1,006
Postage and stationery
1,086
Publicity and advertising
3
Sundries
462
Travel, subsistence, etc.
8,152
Training
79
Recruitment
225
Client welfare
5,648
87,226
**8.**
**GRANTS PAYABLE**
2020
£
Supporting ex-offenders
-
The total grants paid to institutions during the year was as follows:
2020
£
Moriarty's Community Cafe and Gallery - Transformation Fund
-
**9.**
**SUPPORT COSTS**
Governance
Management
costs
£
£
Supporting ex-offenders
26,792
3,992|Totals
£
118,010
2019
£
71,058
1,407
572
541
608
12,456
349
-
7,564
94,555
2019
£
190
2019
£
190
Totals
£
30,784|
|---|---|
|||
Page 13
continued...
**FUTURES UNLOCKED**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
## **9. SUPPORT COSTS - continued**
Support costs, included in the above, are as follows:
## **Management**
|2020
Supporting
ex-offenders
£
Hire of equipment
439
Rent and rates
18,412
Repairs and maintenance
1,944
Insurance
2,282
IT costs
2,755
Depreciation of tangible and heritage
assets
960
26,792
**Governance costs**
2020
Supporting
ex-offenders
£
Independent Examiners fee
1,537
Independent Examiners fee - other
services
-
Legal and professional fees
827
Accountancy fees
1,628
3,992|2019
Total
activities
£
1,349
18,047
3,994
2,178
-
1,131
26,699
2019
Total
activities
£
1,306
185
824
-
2,315|
|---|---|
## **Governance costs**
## **10.**
## **NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Independent Examiners fee
Tax and other services
Depreciation - owned assets
Hire of plant and machinery
Other operating leases|2020
£
1,537
-
961
439
18,412|2019
£
1,306
185
1,130
1,349
18,047|
|---|---|---|
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continued...
**FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
## **11. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustee's remuneration for the year ended 31 December 2020 nor for the year ended 31 December 2019.
## **Trustees' expenses**
During the year no amounts were paid to trustees (2019: £nil) to cover the reimbursement of expenses paid for on behalf of the charity.
## **12. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|2020
£
67,214
1,844
1,507
70,565|2019
£
67,089
2,721
1,248|
|---|---|---|
|||71,058|
Key management personnel (as defined by the SORP) comprise the trustees and the Operations Manager.
The total remuneration paid to key management personnel was £29,458 (2019: £28,815).
The average monthly number of employees during the year was as follows:
|Engaged on charitable activities
No employees received emoluments in excess of £60,000.
**13.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
4,945
**Charitable activities**
Supporting ex-offenders
670
Other trading activities
6,448
Investment income
104
**Total**
12,167
**EXPENDITURE ON**
**Charitable activities**
Supporting ex-offenders
8,347
**NET INCOME**
3,820|2020
3
Restricted
funds
£
111,698
13,263
-
-
124,961
115,412
9,549|2019
3
Total
funds
£
116,643
13,933
6,448
104|
|---|---|---|
|||137,128
123,759|
|||13,369|
Page 15
continued...
**FUTURES UNLOCKED**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
|**13.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
funds
£
£
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
31,352
8,989
**TOTAL FUNDS CARRIED FORWARD**
35,172
18,538
**14.**
**TANGIBLE FIXED ASSETS**
Fixtures
Plant and
and
Computer
machinery
fittings
equipment
£
£
£
**COST**
At 1 January 2020
1,273
775
4,880
Additions
-
-
311
At 31 December 2020
1,273
775
5,191
**DEPRECIATION**
At 1 January 2020
424
258
4,681
Charge for year
425
259
277
At 31 December 2020
849
517
4,958
**NET BOOK VALUE**
At 31 December 2020
424
258
233
At 31 December 2019
849
517
199
**15.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2020
£
Trade debtors
2,345
Prepayments and accrued income
4,950
7,295||Total
funds
£
40,341|
|---|---|---|
|||53,710|
|||Totals
£
6,928
311
7,239
5,363
961
6,324
915
1,565
2019
£
1,791
5,133
6,924|
Page 16
continued...
**FUTURES UNLOCKED**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
## **16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Bank loans and overdrafts (see note 17)
Accruals and deferred income
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts|2020
£
-
1,483
1,483
2020
£
-|2019
£
965
1,386
2,351
2019
£
965|
|---|---|---|
## **17. LOANS**
The bank overdraft is a technical (computed) figure and not indicative of the bank account being overdrawn. At the year end in 2019 one of the restricted funds was waiting on funds held in trade debtors at the year end, but had already spent the funds owed to the charity at the year end out of the general fund, hence the overdraft was created.
## **18. MOVEMENT IN FUNDS**
|**MOVEMENT IN FUNDS**||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1/1/20|in funds|31/12/20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|10,511|(5,180)|5,331|
|Contingency Reserve Fund|24,662|-|24,662|
||35,173|(5,180)|29,993|
|**Restricted funds**||||
|Client Welfare Fund|1,067|(1,067)|-|
|Family Project Fund (previously the||||
|Kelly Trust Fund)|6,675|(1,159)|5,516|
|Warwickshire PCC Fund|3,144|(3,144)|-|
|Transformation Fund|151|(151)|-|
|Warwickshire Fund|500|-|500|
|YSS EOS Fund|140|5,243|5,383|
|Out of Olney Fund|62|-|62|
|National Probation Service Core||||
|Funding|5,602|(4,013)|1,589|
|Saintbury Fund|28|(19)|9|
|Big Lottery Fund|1,168|7,254|8,422|
|Rugby Borough Council Reducing Re-||||
|offending project|-|7,586|7,586|
||18,537|10,530|29,067|
|**TOTAL FUNDS**|53,710|5,350|59,060|
Page 17
continued...
**FUTURES UNLOCKED**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
## **18. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Client Welfare Fund
Family Project Fund (previously the
Kelly Trust Fund)
Warwickshire PCC Fund
Transformation Fund
YSS EOS Fund
National Probation Service Core
Funding
Saintbury Fund
Big Lottery Fund
Rugby Borough Council Reducing Re-
offending project
Warwickshire County Council
**TOTAL FUNDS**|Incoming
resources
£
13,340
-
-
9,311
-
13,264
-
-
50,945
36,000
500
110,020
123,360|Resources
Movement
expended
in funds
£
£
(18,520)
(5,180)
(1,067)
(1,067)
(1,159)
(1,159)
(12,455)
(3,144)
(151)
(151)
(8,021)
5,243
(4,013)
(4,013)
(19)
(19)
(43,691)
7,254
(28,414)
7,586
(500)
-
(99,490)
10,530
(118,010)
5,350|
|---|---|---|
Page 18
continued...
**FUTURES UNLOCKED**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
## **18. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
||At 1/1/19|in funds|31/12/19|
||£|£|£|
|**Unrestricted funds**||||
|General fund|6,690|3,821|10,511|
|Contingency Reserve Fund|24,662|-|24,662|
||31,352|3,821|35,173|
|**Restricted funds**||||
|Community Safety Partnership Fund|1,468|(1,468)|-|
|Client Welfare Fund|1,973|(906)|1,067|
|Family Project Fund (previously the||||
|Kelly Trust Fund)|3,499|3,176|6,675|
|Warwickshire PCC Fund|103|3,041|3,144|
|Transformation Fund|303|(152)|151|
|Warwickshire Fund|500|-|500|
|YSS EOS Fund|-|140|140|
|Out of Olney Fund|82|(20)|62|
|Barista/Family Fund|156|(156)|-|
|National Probation Service Core||||
|Funding|297|5,305|5,602|
|Saintbury Fund|608|(580)|28|
|Big Lottery Fund|-|1,168|1,168|
||8,989|9,548|18,537|
|**TOTAL FUNDS**|40,341|13,369|53,710|
Page 19
continued...
**FUTURES UNLOCKED**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
## **18. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Community Safety Partnership Fund
Client Welfare Fund
Family Project Fund (previously the
Kelly Trust Fund)
Warwickshire PCC Fund
Transformation Fund
YSS EOS Fund
Out of Olney Fund
Barista/Family Fund
National Probation Service Core
Funding
Saintbury Fund
Collins Memorial Fund
Big Lottery Fund
**TOTAL FUNDS**|Incoming
resources
£
12,167
18,000
4,485
10,001
9,495
-
13,264
-
-
18,001
-
773
50,942
124,961
137,128|Resources
Movement
expended
in funds
£
£
(8,346)
3,821
(19,468)
(1,468)
(5,391)
(906)
(6,825)
3,176
(6,454)
3,041
(152)
(152)
(13,124)
140
(20)
(20)
(156)
(156)
(12,696)
5,305
(580)
(580)
(773)
-
(49,774)
1,168
(115,413)
9,548
(123,759)
13,369|
|---|---|---|
The purposes of the various funds noted above are:
Barista/Family Fund - Restricted - To support payments for the lease of the Barista Machine and payments towards work with offenders' families.
Community Safety Partnership Fund - Restricted - To pay salary, salary related costs and expenses of the Volunteer Coordinator.
Client Welfare Fund - Restricted - To support clients with items such as new birth certificates, driving licenses, short term rent, short term food, exercise classes.
Family Project Fund (previously the Kelly Trust Fund)- Restricted - To support work with offenders' families.
Out of Olney Fund - Restricted - To take released prisoners from Olney Prison to Rugby Station for their onward journey, usually to London.
Warwickshire Police and Crime Commissioner Fund - Restricted - General running expenses. Fund kept separate to aid reporting to grant giver.
Contingency Reserve Fund - Designated - Funds set aside to ensure that approximately four months running costs can be covered.
Transformation Fund - Restricted - To support the opening and development of Moriarty's and the development of Futures Unlocked, in particular the move to new rented premises. This fund now consists only of Fixed Assets and is reducing to nil as these depreciate.
Page 20
continued...
**FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020**
## **18. MOVEMENT IN FUNDS - continued**
Warwickshire Fund - Restricted - £500 grant to pay for pop up banners.
Youth Support Services Fund - Restricted - Contracted payment to support the Through the Gate programme where clients are met at prison on release and then have five further meetings with mentors in the community.
General Fund - Unrestricted funds that can be spent as the charity should wish.
National Probation Service (NPS) Fund - Restricted - Funds are given to Futures Unlocked in order that it can provide core services to those in the NPS client group.
Saintbury Fund - Restricted - Funds given to support the training and supervision of volunteer mentors.
Collins memorial fund was set up specifically to provide a memorial.
The Big Lottery fund is granted to cover, inter alia, the cost of rolling out of mentoring provision in Coventry and Solihull (which we now cover as our engagement with National Probation Service) which has meant increased Chaplain presence in these areas and mentor recruitment and training. The fund also covers the cost of provision of the discrete projects we run which are part funded by other agencies. Also the fund provides for development of a more sustainable operating structure with the appointment of a fundraising champion.
Warwickshire County Council fund received £500 from Warwickshire County Council for The Veterans Hub.
Rugby Borough Council Reducing Re-offending project - the funding covers core mentoring services for ex-offenders which are funded in conjunction with other agencies.
## **19. RELATED PARTY DISCLOSURES**
During the year, there were no transaction between related parties. In 2019 £190 was paid to Moriarty's Community Café and Gallery CIC. The CIC is controlled by Futures Unlocked through trustees who also act as directors of the CIC. This company was closed during 2019.
Page 21
**FUTURES UNLOCKED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift Aid
Grants
**Other trading activities**
Room hire income
**Investment income**
Deposit account interest
**Charitable activities**
Fundraising income
Contracted income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Social security
Pensions
Telephone
Postage and stationery
Publicity and advertising
Sundries
Travel, subsistence, etc.
Training
Recruitment
Client welfare
Grants to institutions
**Support costs**
**Management**
Hire of equipment
Rent and rates
Repairs and maintenance
Insurance
Carried forward|2020
£
10,439
1,242
96,754
108,435
1,479
41
141
13,264
13,405
123,360
67,214
1,844
1,507
1,006
1,086
3
462
8,152
79
225
5,648
-
87,226
439
18,412
1,944
2,282
23,077|2019
£
9,519
686
106,438
116,643
6,448
104
670
13,263
13,933
137,128
67,089
2,721
1,248
1,407
572
541
608
12,456
349
-
7,564
190
94,745
1,349
18,047
3,994
2,178
25,568|
|---|---|---|
This page does not form part of the statutory financial statements
Page 22
**FUTURES UNLOCKED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020**
|**Management**
Brought forward
IT costs
Depreciation of tangible assets
**Governance costs**
Independent Examiners fee
Independent Examiners fee - other
services
Legal and professional fees
Accountancy fees
Total resources expended
**Net income**|2020
£
23,077
2,755
960
26,792
1,537
-
827
1,628
3,992
118,010
5,350|2019
£
25,568
-
1,131
26,699
1,306
185
824
-
2,315
123,759
13,369|
|---|---|---|
This page does not form part of the statutory financial statements
Page 23