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2021-12-31-accounts

REGISTERED COMPANY NUMBER: 05908674 (England and Wales) REGISTERED CHARITY NUMBER: 1116271

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

FUTURES UNLOCKED

FUTURES UNLOCKED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

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 20
Detailed Statement of Financial Activities 21 to 22

FUTURES UNLOCKED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

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 2021. 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 Community Chaplain (until February 2021) John Powell Community Chaplain & Operations Manager Melissa Quinlan - Community Chaplain (from April 2021)

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 2021

Futures Unlocked and its ability to deliver quality mentoring in the community was significantly impacted by the COVID 19 pandemic. Access to prisoner's pre-release was only possible for the later part of the year and work in the community was curtailed by the closing of business, public and social venues which traditionally have been the places where our work is undertaken.

'Through the Gate' work has been severely curtailed as we have not been able to gain access to resettlement prisons until July 2021. In reach work with out of area clients 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.

In April 2021 we vacated our rented premises in Regent Street, Rugby and moved into accommodation provided by Hope 4, a local charity. This has resulted in considerable financial savings which has enabled us to continue to provide our mentoring services whilst we secure further funding, and also to work more closely with Hope 4, who provide services to the homeless and vulnerable in the area.

We operated with two full time members of staff during the year and now have around 20 volunteer mentors. During the pandemic, we did not deploy volunteers in the same way as normal given the risks and restrictions involved. We also lost a number of volunteers during this time. With the easing of restrictions we were able to recruit and train new volunteers which has enabled us to recommence deploying volunteers to mentor our clients.

Page 1

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

ACHIEVEMENT AND PERFORMANCE Funding

Our principal funding received during the year has come from -

Big Lottery (Reaching Communities fund) £50,944
National Probation Service £9,999
Warwickshire & West Mercia Community Rehabilitation £7,737
Rugby Community Safety Partnership £28,000
Warwickshire Police and Crime Commissioner £10,000
Allen Lane Foundation £7,500

We received some income from letting meeting rooms in our former premise and have continued to receive donations and gifts from individuals and local businesses.

2021 was the last year that the charity received funding from the National Lottery Community Fund. We have reapplied to the National Lottery for further funding and are waiting the outcome of our application.

We have submitted an application to the Warwickshire Police and Crime Commissioner for funding to enable us to continue with our mentoring programmes.

We were successful in our application to the Lloyds Bank Foundation who will provide us with funding of £50,000 over the next two years.

We will apply for funding during the year to enable us to continue to provide its core services and deliver projects.

Projects

During 2021, the principal projects that we operated were:

1. Through the Gate "Meet and Mentor"

Futures Unlocked was contracted to a Tier 1 provider to a Community Rehabilitation Company to deliver in-reach work in our resettlement prisons, a prison gate pick up and 10 further mentoring meetings in the community.

Following a change in the manner in which probation services are delivered, this contract was terminated in June 2021. We are now trying to establish with the Probation Service our future role in delivering probation services.

2. Out of area mentoring

This provides support to clients who are located in prisons other than our resettlement prisons who are returning to Warwickshire and the West Midlands. 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 clients 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.

Page 2

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

ACHIEVEMENT AND PERFORMANCE The caseload

Our case referrals are predominately high-risk National Probation Service cases. During 2021 we received 101 referrals as detailed below.

Referrals

Projects
Core Probation 73
Through The Gate 5
Out of Area 11
Integrated Offender Management 12
Total 101
Of these referrals there were the following priority cases
Domestic Abuse Serial Perpetrator 3
Other Integrated Offender Management 12
Imprisonment for Public Protection/Lifers 8
Multi Agency Public Protection 2
Sex Offences 11
Total 36

Closed Cases

Of the 101 referrals received in the year, 23 cases were closed with the remaining seven continuing to receive our support.

The table below provides an analysis of the 101 referrals received in the year:

Not matched - Client declined 12
Not matched - Client recalled to prison 12
Not matched - Client withdraws before matching 18
Not matched - Client issues 29
Matched 30
Total 101

Outcomes

Start End Movement
across pathways
Pathway Red Amber Green Red Amber Green
Accommodation 13 8 2 - 7 16 -13 Red to +16 Green
Alcohol 2 6 15 1 5 17 -1 Red to +2 Green
Drugs 6 4 15 - 7 16 -6 Red to +1 Green
Education - 6 17 - 5 18 +1 Green
Employment 13 8 2 10 5 8 -3 Red to +6 Green
Faith - 5 18 - 3 20 +2 Green
Family/Relationships 4 11 8 1 9 13 -3 Red to +5 Green
Finance/Debt 10 10 3 1 16 6 -9 Red to +3 Green
Health 7 11 5 2 17 4 -5 Red to -1 Green
Social life 3 17 3 1 14 8 -2 Red to +5 Green
Thinking/Attitude/Behaviour 2 14 7 1 13 9 -1 Red to +2 Green

Page 3

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

ACHIEVEMENT AND PERFORMANCE

Total 58 100 95 17 101 135 Average 59% improvement across all
pathways with some; Accommodation,
Finance, Drugs; showing significant
improvement.

The improvement shown above is consistent with that obtained in previous years.

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 £27,742 to cover these costs.

Going concern

Due to the Covid-19 pandemic, the Charity needed to change how it operated to ensure that it complied with the restrictions that were in place. The charity continued to provide mentoring services to clients indirectly and referrals continued to be received and actioned. While in-reach work was curtailed, outreach work from prison gate pick up onwards continued.

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 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.

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

Page 4

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Registered office The Hope Centre 8 Newbold Road Rugby Warwickshire CV21 2LJ

Trustees

M Mansell Reverend L Gill Mrs V de Kock D Proctor Mrs E Wells

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 30 June 2022 and signed on its behalf by:

D Proctor - 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 2021.

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: 11 July 2022

Page 6

FUTURES UNLOCKED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
10,078
Charitable activities
5
Supporting ex-offenders
2,437
Other trading activities
3
830
Investment income
4
5
Total
13,350
EXPENDITURE ON
Charitable activities
6
Supporting ex-offenders
14,741
NET INCOME/(EXPENDITURE)
(1,391)
RECONCILIATION OF FUNDS
Total funds brought forward
29,993
TOTAL FUNDS CARRIED FORWARD
28,602		 Restricted
funds
£
106,444
6,632
-
-
113,076
81,865
31,211
29,067
60,278		 2021
Total
funds
£
116,522
9,069
830
5
126,426
96,606
29,820
59,060
88,880		 2020
Total
funds
£
108,435
13,405
1,479
41
123,360
118,010
5,350
53,710
59,060

The notes form part of these financial statements

Page 7

FUTURES UNLOCKED

BALANCE SHEET 31 DECEMBER 2021

Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Tangible assets
13
557
358
CURRENT ASSETS
Debtors
14
1,996
-
Cash at bank and in hand
27,742
59,919
29,738
59,919
CREDITORS
Amounts falling due within one year
15
(1,692)
-
NET CURRENT ASSETS
28,046
59,919
TOTAL ASSETS LESS CURRENT
LIABILITIES
28,603
60,277
NET ASSETS
28,603
60,277
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2021
Total
funds
£
915
1,996
87,661
89,657
(1,692)
87,965
88,880
88,880
28,603
60,277
88,880		 2020
Total
funds
£
915
7,295
52,333
59,628
(1,483)
58,145
59,060
59,060
29,993
29,067
59,060

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 8

continued...

FUTURES UNLOCKED

BALANCE SHEET - continued 31 DECEMBER 2021

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 30 June 2022 and were signed on its behalf by:

D Proctor - Trustee

The notes form part of these financial statements

Page 9

FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

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.

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.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Page 10

continued...

FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES - continued

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.

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations
Gift Aid
Grants		 2021
£
9,022
1,057
106,443
116,522		 2020
£
10,439
1,242
96,754
108,435

Page 11

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:

Warwickshire PCC
National Probation Service
Rugby Borough Council
The Big Lottery Fund
Allen Lane Foundation
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
6.
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
£
Supporting ex-offenders
74,073		 2021
£
10,000
9,999
28,000
50,944
7,500
-
106,443
2021
£
830
2021
£
5
2021
£
2,437
6,632
9,069
Support
costs (see
note 8)
£
22,533		 2020
£
9,310
18,000
18,000
50,944
-
500
96,754
2020
£
1,479
2020
£
41
2020
£
141
13,264
13,405
Totals
£
96,606

Page 12

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

7. DIRECT COSTS OF CHARITABLE ACTIVITIES

Staff costs
Telephone
Postage and stationery
Publicity and advertising
Sundries
Travel, subsistence, etc.
Training
Recruitment
Client welfare		 2021
£
55,868
1,140
1,143
779
503
8,117
323
-
6,200
74,073		 2020
£
70,565
1,006
1,086
3
462
8,152
79
225
5,648
87,226

8. SUPPORT COSTS

Governance
Management
costs
£
£
Supporting ex-offenders
18,987
3,546
Support costs, included in the above, are as follows:
Management
2021
Supporting
ex-offenders
£
Hire of equipment
-
Rent and rates
6,270
Repairs and maintenance
136
Insurance
2,043
Sundries
210
IT costs
3,740
Moving costs
5,575
Depreciation of tangible and heritage
assets
1,013
18,987
Governance costs
2021
Supporting
ex-offenders
£
Independent Examiners fee
1,699
Legal and professional fees
212
Accountancy fees
1,635
3,546		 Totals
£
22,533
2020
Total
activities
£
439
18,412
1,944
2,282
-
2,755
-
960
26,792
2020
Total
activities
£
1,537
827
1,628
3,992

Page 13

continued...

FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Independent Examiners fee
Depreciation - owned assets
Hire of plant and machinery
Other operating leases		 2021
£
1,699
1,013
-
6,270		 2020
£
1,537
961
439
18,412

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustee's remuneration for the year ended 31 December 2021 nor for the year ended 31 December 2020.

Trustees' expenses

During the year no amounts were paid to trustees (2020: £nil) to cover the reimbursement of expenses paid for on behalf of the charity.

11. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
Employment allowance		 2021
£
52,569
5,498
1,801
(4,000)
55,868		 2020
£
67,214
5,844
1,507
(4,000)
70,565

Key management personnel (as defined by the SORP) comprise the trustees and the Operations Manager.

The total remuneration paid to key management personnel was £33,428 (2020: £29,458).

The average monthly number of employees during the year was as follows:

Engaged on charitable activities 2021
2		 2020
3

No employees received emoluments in excess of £60,000.

Page 14

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

12.
2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
11,679
96,756
Charitable activities
Supporting ex-offenders
141
13,264
Other trading activities
1,479
-
Investment income
41
-
Total
13,340
110,020
EXPENDITURE ON
Charitable activities
Supporting ex-offenders
18,521
99,489
NET INCOME/(EXPENDITURE)
(5,181)
10,531
RECONCILIATION OF FUNDS
Total funds brought forward
35,173
18,537
TOTAL FUNDS CARRIED FORWARD
29,992
29,068
13.
TANGIBLE FIXED ASSETS
Fixtures
Plant and
and
Computer
machinery
fittings
equipment
£
£
£
COST
At 1 January 2021
1,273
775
5,191
Additions
-
-
1,013
Disposals
(1,273)
(775)
-
At 31 December 2021
-
-
6,204
DEPRECIATION
At 1 January 2021
849
517
4,958
Charge for year
424
258
331
Eliminated on disposal
(1,273)
(775)
-
At 31 December 2021
-
-
5,289
NET BOOK VALUE
At 31 December 2021
-
-
915
At 31 December 2020
424
258
233		 Total
funds
£
108,435
13,405
1,479
41
123,360
118,010
5,350
53,710
59,060
Totals
£
7,239
1,013
(2,048)
6,204
6,324
1,013
(2,048)
5,289
915
915

Page 15

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021 2020
£ £
Trade debtors 1,056 2,345
Prepayments and accrued income 940 4,950
1,996 7,295
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Accruals and deferred income 1,692 1,483
16. MOVEMENT IN FUNDS
Net
movement At
At 1/1/21 in funds 31/12/21
£ £ £
Unrestricted funds
General fund 5,331 (1,387) 3,944
Contingency Reserve Fund 24,662 (3) 24,659
29,993 (1,390) 28,603
Restricted funds
Family Project Fund (previously the
Kelly Trust Fund) 5,516 (1,183) 4,333
Warwickshire PCC Fund - 414 414
Warwickshire Fund 500 - 500
YSS EOS Fund 5,383 (602) 4,781
Out of Olney Fund 62 (23) 39
National Probation Service Core
Funding 1,589 6,531 8,120
Saintbury Fund 9 - 9
Big Lottery Fund 8,422 10,449 18,871
Rugby Borough Council Reducing
Re-offending project 7,586 10,362 17,948
Allen Lane Foundation - 5,262 5,262
29,067 31,210 60,277
TOTAL FUNDS 59,060 29,820 88,880

Page 16

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Contingency Reserve Fund
Restricted funds
Family Project Fund (previously the
Kelly Trust Fund)
Warwickshire PCC Fund
YSS EOS Fund
Out of Olney Fund
National Probation Service Core
Funding
Big Lottery Fund
Rugby Borough Council Reducing
Re-offending project
Allen Lane Foundation
TOTAL FUNDS		 Incoming
resources
£
13,350
-
13,350
-
10,000
6,632
-
9,998
50,946
28,000
7,500
113,076
126,426		 Resources
Movement
expended
in funds
£
£
(14,737)
(1,387)
(3)
(3)
(14,740)
(1,390)
(1,183)
(1,183)
(9,586)
414
(7,234)
(602)
(23)
(23)
(3,467)
6,531
(40,497)
10,449
(17,638)
10,362
(2,238)
5,262
(81,866)
31,210
(96,606)
29,820

Page 17

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

16. MOVEMENT IN FUNDS - continued

Comparatives for 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 18

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

16. MOVEMENT IN FUNDS - continued

Comparative 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

The purposes of the various funds noted above are:

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 - Funding provided to mentor clients who are returning to Warwickshire after serving their sentences in prisons outside of Warwickshire and our two resettlement prisons in Redditch and Wolverhampton.

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 including the move to Regent Street. This fund now consists only of Fixed Assets and is reducing to nil as these depreciate.

Warwickshire Fund - Restricted - funding 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 have further meetings with mentors in the community.

Page 19

continued...

FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

16. MOVEMENT IN FUNDS - continued

General Fund - Unrestricted funds that can be spent as the charity should wish.

National Probation Service (NPS) Fund - Restricted - Funding to provide mentoring to clients identified by the Probation Service.

Saintbury Fund - Restricted - Funds given to support the training and supervision of volunteer mentors.

The National Lottery Community (previously the Big Lottery) Fund - restricted funding to rollout mentoring in Coventry and Solihull including mentor recruitment and training. discrete projects which are part funded by other agencies and for the development of a more sustainable operating structure

Warwickshire County Council fund restricted funding from Warwickshire County Council to establish a Veterans Hub.

Rugby Borough Council Reducing Re-offending project - restricted - the funding covers core mentoring services for ex-offenders which are funded in conjunction with other agencies.

Allen Lane Foundation - Restricted - funding to deliver mentoring support to clients in prison, and in the community following their release.

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2021.

Page 20

FUTURES UNLOCKED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

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
Employment allowance
Telephone
Postage and stationery
Publicity and advertising
Sundries
Travel, subsistence, etc.
Training
Recruitment
Client welfare
Support costs
Management
Hire of equipment
Rent and rates
Repairs and maintenance
Insurance
Sundries
IT costs
Carried forward		 2021
£
9,022
1,057
106,443
116,522
830
5
2,437
6,632
9,069
126,426
52,569
5,498
1,801
(4,000)
1,140
1,143
779
503
8,117
323
-
6,200
74,073
-
6,270
136
2,043
210
3,740
12,399		 2020
£
10,439
1,242
96,754
108,435
1,479
41
141
13,264
13,405
123,360
67,214
5,844
1,507
(4,000)
1,006
1,086
3
462
8,152
79
225
5,648
87,226
439
18,412
1,944
2,282
-
2,755
25,832

This page does not form part of the statutory financial statements

Page 21

FUTURES UNLOCKED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Management
Brought forward
Moving costs
Depreciation of tangible and heritage
assets
Governance costs
Independent Examiners fee
Legal and professional fees
Accountancy fees
Total resources expended
Net income		 2021
£
12,399
5,575
1,013
18,987
1,699
212
1,635
3,546
96,606
29,820		 2020
£
25,832
-
960
26,792
1,537
827
1,628
3,992
118,010
5,350

This page does not form part of the statutory financial statements

Page 22