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2022-12-31-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 2022

FOR

FUTURES UNLOCKED

FUTURES UNLOCKED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Page Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 21
Detailed Statement of Financial Activities 2 2
 to 24

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

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 2022. 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).

During the year, and at the date of this report, the Trustees were: Leslie Gill Mark Mansell Emma Wells David Proctor Victoria de Kock

Company Secretary:- David Proctor

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

This is the 16th Financial Statement and Directors Report.

The company is located in Rugby, Warwickshire and operates throughout Warwickshire and the West Midlands.

The staff team during the year was -

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.

The charity was formed in August 2006 and is governed by its Articles of Association. The Trustees keep under review potential new trustees to ensure that the board has the breadth of skills which will improve the quality and expertise of the board.

We are member of the Community Chaplaincy Association.

In recognition of our work, we were awarded the Queen's Award for Voluntary Service in July 2019.

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.

Page 1

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

ACHIEVEMENT AND PERFORMANCE Funding

Our principal funding received during the year has come from -

The National Lottery Community Fund £15,000 Lloyds Bank Foundation £27,250 Rugby Community Safety Partnership £28,000 Warwickshire Police and Crime Commissioner £10,000

We also received donations and gifts from individuals and local businesses, either to support the work the charity undertakes or for specific items that are required by a client.

During the year we were successful with our application to the National Lottery Community Fund for funding. We were awarded £90,000 over three years with the first instalment being made in September 2022.

We will continue to apply for funding during the year to enable us to provide our core services and deliver projects to our clients. As part of this, we have submitted applications to:

We also applied to the Lloyds Bank Foundation for funding of £75,000 over the next three years - this funding is in addition to the current funding that we have received from the foundation since 2022, and to the Weavers Benevolent fund. We were unsuccessful in these applications, but have received positive feedback on our applications and have been encouraged to apply to these organisations in the future.

An application has also been made to the Allen Lane Foundation which is still being considered and we await the outcome of.

Projects

During 2022, the principal projects that we operated were:

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.

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 Out of Area mentoring 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 2022

ACHIEVEMENT AND PERFORMANCE The caseload

During 2022 we received 90 referrals as detailed below.

Referrals

Projects
Project
Core Probation 64
Police and Crime Commissioner Core Mentoring 2022/23 20
Police and Crime Commissioner Out of Area 2021/22 5
Integrated Offender Management 1
Total 90
These referrals were received from the following areas
Rugby 13
Nuneaton 34
Coventry 3
Leamington 31
Stratford-Upon-Avon 1
Warwick 4
Out Of Area 3
HMP Onley 1
Total 90
Closed Cases

There have been 75 cases closed in the year .

Referral
Declined		 2
Moved Out of
Area		 4
Not Matched Client Recalled 5
New Offences 3
Mentoring Not Needed 4
Client Issues Bring Mentoring To An End 9
Client Withdraws Before Matching 12
Not
Completed		 Client Recalled 5
New Offences 1
Client Issues Bring Mentoring To An End 17
Completed
Moved Out of
Area		 One Party Agrees Outcomes Achieved 2
Both Parties Agree Outcomes Achieved 11
TOTAL 75

Page 3

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

ACHIEVEMENT AND PERFORMANCE

Outcomes

Pathway Red Start
Amber		 Green Red End
Amber		 Green Movement on
pathways
Accommodation 9 3 1 - 6 7 -9 Red to +6 Green
Alcohol 1 4 8 - 5 8 -1 Red
Drugs 1 5 7 - 5 8 -1 Red to +1 Green
Education 1 6 6 1 6 6
Employment 5 5 3 - 7 6 -5 Red to +3 Green
Faith - 1 12 - - 13 +1 Green
Family 6 6 1 2 8 3 -4 Red to +2 Green
Finance/debt 6 7 - - 10 3 -6 Red to +3 Green
Health 8 5 - 1 9 3 -7 Red to +3 Green
Social life 6 7 - 1 10 2 -5 Red to + 2 Green
TAB 1 11 1 - 7 6 -1 Red to +5 Green
Total 44 60 39 5 73 65 This shows an
improvement across
all pathways with
some;
Accommodation,
Employment; Health
and Finance 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 £42,836 to cover these costs.

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.

Page 4

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

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

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 H Bains (appointed 17/4/23)

Independent Examiner

DNG Dove Naish LLP Chartered Accountants Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ

Page 5

FUTURES UNLOCKED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

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 ............................................. and signed on its behalf by:

................................................................. D Proctor - Trustee

Page 6

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 2022.

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: 20 July 2023

Page 7

FUTURES UNLOCKED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
36,864
Charitable activities
5
Supporting ex-offenders
-
Other trading activities
3
-
Investment income
4
96
Total
36,960
EXPENDITURE ON
Charitable activities
6
Supporting ex-offenders
21,742
NET INCOME/(EXPENDITURE)
15,218
RECONCILIATION OF FUNDS
Total funds brought forward
28,603
TOTAL FUNDS CARRIED FORWARD
43,821		 Restricted
funds
£
53,000
-
-
-
53,000
81,976
(28,976)
60,277
31,301		 2022
Total
funds
£
89,864
-
-
96
89,960
103,718
(13,758)
88,880
75,122		 2021
Total
funds
£
116,522
9,069
830
5
126,426
96,606
29,820
59,060
88,880

The notes form part of these financial statements

Page 8

FUTURES UNLOCKED

BALANCE SHEET 31 DECEMBER 2022

Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Tangible assets
11
985
419
CURRENT ASSETS
Debtors
12
2,318
-
Cash at bank and in hand
42,246
30,882
44,564
30,882
CREDITORS
Amounts falling due within one year
13
(1,728)
-
NET CURRENT ASSETS
42,836
31,301
TOTAL ASSETS LESS CURRENT
LIABILITIES
43,821
31,301
NET ASSETS
43,821
31,301
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2022
Total
funds
£
1,404
2,318
73,128
75,446
(1,728)
73,718
75,122
75,122
43,821
31,301
75,122		 2021
Total
funds
£
915
1,996
87,661
89,657
(1,692)
87,965
88,880
88,880
28,603
60,277
88,880

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 9

continued...

FUTURES UNLOCKED

BALANCE SHEET - continued 31 DECEMBER 2022

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 ............................................. and were signed on its behalf by:

............................................. D Proctor - Trustee

The notes form part of these financial statements

Page 10

FUTURES UNLOCKED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

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.

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.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Page 11

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES - continued

Fund accounting

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.

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
Gift Aid
Grants		 2022
£
8,729
885
80,250
89,864		 2021
£
9,022
1,057
106,443
116,522

Page 12

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

2. DONATIONS AND LEGACIES - continued

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

Warwickshire PCC
National Probation Service
Rugby Borough Council
The National Lottery Community Fund
Lloyds Bank Foundation
Allen Lane Foundation
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		 2022
£
10,000
-
28,000
15,000
27,250
-
80,250
2022
£
-
2022
£
96
2022
£
-
-
-		 2021
£
10,000
9,999
28,000
50,944
-
7,500
106,443
2021
£
830
2021
£
5
2021
£
2,437
6,632
9,069




Page 13

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

6.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Supporting ex-offenders
Staff costs
Telephone
Postage and stationery
Publicity and advertising
Sundries
Travel, subsistence, etc.
Training
Client welfare		 Direct
Costs (see
note 6)
£
90,014		 Support
costs (see
note 7)
£
13,704
2022
£
68,574
1,279
1,156
-
762
14,120
-
4,123
90,014		 Totals
£
103,718
2021
£
55,868
1,140
1,143
779
503
8,117
323
6,200
73,073
7.
SUPPORT COSTS
Management
£
Supporting ex-offenders
10,240
Support costs, included in the above, are as follows:
Management
Rent and rates
Repairs and maintenance
Insurance
Sundries
IT costs
Moving costs
Consultancy
Depreciation of tangible and heritage
assets
Finance
Bank charges		 Governance
Finance
costs
£
£
70
3,394
2022
Supporting
ex-offenders
£
1,350
282
1,228
339
4,058
-
2,500
483
10,240
2022
Supporting
ex-offenders
£
70		 Totals
£
13,704
2021
Total
activities
£
6,270
136
2,043
210
3,740
5,575
-
1,013
18,987
2021
Total
activities
£
-

Page 14

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

7. SUPPORT COSTS - continued Governance costs

SUPPORT COSTS - continued
Governance costs
2022 2021
Supporting Total
ex-offenders activities
£ £
Independent Examiners fee 1,608 1,699
Legal and professional fees 53 212
Accountancy fees 1,733 1,635
3,394 3,546

8. TRUSTEES' REMUNERATION AND BENEFITS

There was no trustee's remuneration for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

During the year no amounts were paid to trustees (2021: £nil) to cover the reimbursement of expenses paid for on behalf of the charity.

9. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
Employment allowance		 2022
£
65,530
5,644
2,400
(5,000)
68,574		 2021
£
52,569
5,498
1,801
(4,000)
55,868

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

The total remuneration paid to key management personnel was £34,126 (2021: £33,428).

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

Engaged on charitable activities 2022
3		 2021
2

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

Page 15

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

10. 2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
Total
funds funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 10,078 106,444 116,522
Charitable activities
Supporting ex-offenders 2,437 6,632 9,069
Other trading activities 830 - 830
Investment income 5 - 5
Total 13,350 113,076 126,426
EXPENDITURE ON
Charitable activities
Supporting ex-offenders 14,741 81,865 96,606
NET INCOME/(EXPENDITURE) (1,391) 31,211 25,820
RECONCILIATION OF FUNDS
Total funds brought forward 29,993 29,067 59,060
TOTAL FUNDS CARRIED FORWARD 28,602 60,278 88,880
11. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 January 2022 6,204
Additions 971
At 31 December 2022 7,175
DEPRECIATION
At 1 January 2022 5,289
Charge for year 482
At 31 December 2022 5,771
NET BOOK VALUE
At 31 December 2022 1,404
At 31 December 2021 915

Page 16

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022 2021
£ £
Trade debtors 884 1,056
Prepayments and accrued income 1,434 940
2,318 1,996
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Accruals and deferred income 1,728 1,692
1,728 1,692
14. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1/1/22
in funds		 funds 31/12/22
£ £ £ £
Unrestricted funds
General fund 3,944 15,218 - 19,162
Contingency Reserve Fund 24,659 - - 24,659
28,603 15,218 - 43,821
Restricted funds
Family Project Fund (previously the
Kelly Trust Fund) 4,333 (4,154) - 179
Warwickshire PCC Fund 414 1,235 - 1,649
Warwickshire Fund 500 (500) - -
YSS EOS Fund 4,781 (4,781) - -
Out of Olney Fund 39 (39) - -
National Probation Service Core
Funding 8,120 (757) - 7,363
Saintbury Fund 9 (9) - -
The National Lottery Community Fund 18,871 (6,709) - 12,162
Rugby Borough Council Reducing Re-
offending project 17,948 (8,000) - 9,948
Allen Lane Foundation 5,262 (5,262) - -
60,277 (28,976) - 31,301
TOTAL FUNDS 88,880 (13,758) - 75,122

Page 17

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FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

14. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
Restricted funds
Family Project Fund (previously the
Kelly Trust Fund)
Warwickshire PCC Fund
Warwickshire Fund
YSS EOS Fund
Out of Olney Fund
National Probation Service Core
Funding
Saintbury Fund
The National Lottery Community Fund
Rugby Borough Council Reducing Re-
offending project
Allen Lane Foundation
TOTAL FUNDS		 Incoming
resources
£
36,960
-
10,000
-
-
-
-
-
15,000
28,000
-
53,000
89,960		 Resources
Movement
expended
in funds
£
£
(21,742)
15,218
(4,154)
(4,154)
(8,765)
1,235
(500)
(500)
(4,781)
(4,781)
(39)
(39)
(757)
(757)
(9)
(9)
(21,709)
(6,709)
(36,000)
(8,000)
(5,262)
(5,262)
(81,976)
(28,976)
(103,718)
(13,758)

Page 18

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

14. MOVEMENT IN FUNDS - continued

Comparatives for 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
The National Lottery Community 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 19

continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

14. MOVEMENT IN FUNDS - continued

Comparative 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
The National Lottery Community 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

The purposes of the various funds noted above are:

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.

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.

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continued...

FUTURES UNLOCKED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

14. 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.

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2022.

Page 21

FUTURES UNLOCKED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

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
Client welfare
Support costs
Management
Rent and rates
Repairs and maintenance
Insurance
Sundries
IT costs
Moving costs
Consultancy
Depreciation of tangible and heritage
assets		 2022
£
8,729
887
80,248
89,864
-
96
-
-
-
89,960
65,530
5,644
2,400
(5,000)
1,279
1,156
-
762
14,120
-
4,123
90,014
1,350
282
1,228
339
4,058
-
2,500
483
10,240		 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
5,575
-
1,013
18,987

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 2022

Management
Finance
Bank charges
Governance costs
Independent Examiners fee
Legal and professional fees
Accountancy fees
Total resources expended
Net (expenditure)/income		 2022
£
70
3,341
53
-
3,394
103,718
(13,758)		 2021
£
-
1,699
212
1,635
3,546
96,606
29,820

This page does not form part of the statutory financial statements

Page 23