REGISTERED COMPANY NUMBER: 05908674 (England and Wales)
REGISTERED CHARln NUMBER: 1116271
REPORT OF THE TRUSTEES ANO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
FUTURES UNLOCKED

FUTURES UNLOCKED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Report of the Trustees
1 to 6
Indopendent Examlnefs Report
Statement of Financial Activities
Balance Sheet
9 to 10
Notes to the Financial Staloments
11 10 20
Detailed Statement of Financlal Activilies
21 to 22

FUTURES UNLOCKED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees who ar8 also dÈrectors of the charity for ts purposes of the Companias Act 2006. present thoir
report with the financial slatements of the charity for the year end8d 31 December 2024. The trustees have
adopted the provisions of Accounting and Rawting by Charities= Statement of Recommended Practice
applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of IreIar￿ {FRS 102) (effeclive 1 January 2019).
OBJECTniES AND ACTMTIES
Objectives and aims
The princApal aim of Futures Unhxked is to supp)rt ex-offendet5 leaving pri50n and resettling in their local
Community and offendef5 who are serving their sentence in Ihe communty. We o)ntinue to provid8 Yhrough
the gate. and (x)mmunity mentoring support through the use of trained mentors to ex-offenders and offenders
{dients) to make a successful transition back into th8 fA)mmunity whilst reducing Teoffendtng and buildirvJ
safer communili8S.
We support our Clients across a range of issues induding aC￿)MMOdation, drug1a1￿hoI counselling.
educatton or training. employment. relationships. family matters. socÉal and. where appropriate. their faith
ioumey. We are proud of our mentor training and our prO￿dureS for rrkqlching dients io tr8in8d volunteer
mentors to offer bespoke IK)listic mentcKing.
Benefrts of Futures Unlotked's support
Tha benefts of the support that is provided by Futures Unlocked is that our di8nts18ad crime free lives. This
in itself wi1518ad to a reducb'on in reoffending and the bulding of safer communities.
There are many beneficiaries of the support that %Ye provide including:
. our clients. having the dedicated. objective. SUFPOrt during their rehabilitation:
. the families of dients. who are oflen marginali5ed and 5ti3matised. by the offending;
. the mentors. who will have gained expeftence and insight into the difficutties faced by those whTle in prison
and on release:
the community and victim of offending. who will feel safer knowing that th8r8 is support for dienls on
r818as8; and
th8 Criminal Justice syslem - a number of our mentors and staff members have gone on to work in the
prison service, probation Servi￿ or police after thair lime wilh Fuiuras Unlocked.
Voluntsers
This 18 ts 18th Financial Statement and Diract(Ys Repott
Fulures Unlock8d is located n Rugby, Warwickshire arKJ operates throughout Warwickshire and the West
Midlands.
Futures Unlodied was fomied in August 2006 and is govemed ty its Atticles of Association. Th6 Trustees
keep under review potential new trustees to ensure that the board has the breadlh of skills which will improve
the quality and expertise of th8 iK)ard.
We are memb8rs of the Community Chaplaincy AssoLiation.
In re(x)gnilion of our work. we were awarded the lfjro's Avmrd for Vokintary servi￿ in July 2019.
Personnel
Th8 Staff team during the year wa5 -
John Powell - Operations Manager
Laura Ha￿Ord - Community Chaplain (unbl October 2024)
Evelyn Wheeler- Volunteer CTrOrdinator.
Staff report to the 0￿rationS Manager. The Operations Manag8r reports to the Trustees on strategic and
financial matters.
Page 1

FUTURES UNLOCKED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
OBJECTIVES AND ACTMTIES
Our mission
To increas8 communty safety and engagement by reducing re-offending through the use of trained
volunteers to mentor those who have been convicted of criminal athity in order to assist them in achi6ving
pro-social integration into their local communities.
ACHIEVEMEKf AND PERFORMANCE
Fundlng
In 2024 we received grant funding of £104.422. Our principal funding re￿1Ve￿ durirKJ the year has come from
The National Lottery Community Fund
Lloyds Bank Foundation
Warwickshire Police and Crime ComMiss￿ner
Rugby Borough Counol
The Foyle Foundation
The Hilden Foundation
Allen Lana Foundation
Anton Jurgen charitab￿ Trust
£37,422
£25.000
£10.000
£10,000
£7,000
£7.000
£4.000
£4.000
We also r￿1Ved donations and gifts from individuals and local businesses, either to support the work the
charity undertakes or for specFfic items that are requDred by a dient
We are gratefvl for the grants and donations from our funders and donors whth enables us to support our
di6nts.
In February 2025, the Warwickshire Police and Crime Commissioner awarded us a grant of £13,500 to
enable us to c%)n*"nu8 with our mentoring programmes that they have provided furKJing for over the past few
years.
We will continue to appty for funding during the year to enable us to continue to be able to provide support to
ourdients.
Support provided during 2024
During 2024. we provid8d the following mentorlng gjpport to (yjr dients:
Out of area meniorin
Support to dients who are located in prisons other than our reseUIBment PTis<Jns who are retuming to
Warwickshire and the West Midlands. Th6 resettlement departments in these out of area prisons are not as
well acquainted with the particular issues and d8mands of our bcakty in teThns of resettlement and
r8habilitation.
Core mentorin
Core mentoring is provided to dients already released but deemed lo require sUp￿)rt to achieve long lasling
rasetuement. There is no time limitation attached to this project th0￿h it is unlikely to go on for longer than 12
months. Cases which start in Out of Araa manknring Ixn and do migratè to cc*e mantoring rf the t%S8
demands.
Page 2

FUTURES UNLOCKED
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENT AND PERFORPIIANCE
Referrals in 2024
During 2024 we received 102 refetrals as detailed bek)w.
We receN8d th8 referrals from:
Projects
Probation
Approved Premises
Healthlmenlal H8alth
Housing ProvÈders
Police
Piison
Hope 4. Homelass Charity. Rugby
79
Areas
fsu
These referrals wer8 r￿1Ved frryn the followirvJ areas
18
37
Nuneaton
Covenlry
Leamington
strattord-Upon-Avon
Warwick
North Warnickshire
Closed Cases
In 2024, we closed 129 cases as detailed below
Not Matched
Referral Declined
Client Recalled
New Offenc8s
Mentoring Not Needed
0th8r
Client Withdraws Befr)rvJ Mal(*ing
Client Recalled
New Offen￿S
Client Issues Bring MenlorTThJ To An
End
Client issues bring to an erKI
No oUt￿Me$ achiev8d
One Party Agrees Outajmes Achiev&J
Both Parties Agree Outcomes
Achieved
14
11
Not Completed
20
19
11
Completed
30
Outcomes
The ststus of red. Amber and green is assessed by the dient mentor at the start of their period of
suppor¢ at their regular review meetings arvj at the end of ￿ period of supporL
Of the 32 completed cases in 2024, ts progress made by our dients from the start of their period of support
to the time when they completed their support is shown in the tsble b810w.
Start
Fintsh
Page 3

FUTURES UNLOCKED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENT AND PERFORMANCE
Pathway
Accomodation
Alcohol
Drugs
Education
Employment
Red
Amber Green Red
16
er
24
32
30
25
27
30
22
11
13
P;, l!,-il
13
18
27
17
18
Faith
FamilylRelatii)nships
FinancelDebt
Health
Social lrfe
10
12
14
18
18
17
21
12
12
12
20
18
14
14
21
14
This shows an improvement across all patriwdys wilh Actxjmmodation, Alcohol. Employment: Faith. Family,
Finance, Soctal Life and Thinking. attitudes and bekoviours showing significant improvem8nt.
Th8 improvement shown above is consistent Viryth that obtained in previous years.
FINANCIAL REVIEW
Reserves poll¢y
The charity rnaintains (xsh r8seNes of £19,000 to cover the cost of staff notice periods and admintstrative
costs in the event that further fijnding is nol forthcoming. The charity currendy has sufficient fvndTng available
in the fr88 reserves totalling £46.654 to be able lo mver these costs.
FUTURE PLANS
W8 plan to continue with our core activitie5 and develop fitrther mentoring projects within our local prisons.
STRUCTURE, GOVERNANCE AND fMNAGEMENT
Govemlng document
The charity is controlled by its goveming documenl. a deed of trust. and constitutes a limited company. limited
by guarantee, as d8fined by th8 Companies Act 201￿.
Recruitmenc appointment and training of n8W trustees
The Trustees keep under review potenlial new Iwstees who have a breadlh 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 Mi goveman(x aT8 offered that opportunity.
Organisatlonal structure
Stsff report to the Operations Manager. The Operations Manager reports to the Trustaes on strategic and
financial matters. The Operations Managar also att8ThJs Trustee Meetings as required.
Rlsk management
Th8 trustees have a duty to identify arKI review th8 risks to Ihe charity is exposed and to ensure
appropriat8 controls are in place to provide reasonable assuranix against fraud and error.
The trustees monitor the principal risks and have pdiiies in pla￿ to limit th8 risk sateguard the charitable
company.
REFERENCE AND ADMINISTRATIVE DETAILS
Registsred Company number
05908674 (England and Wales)
Registor8d Charlty number
1116271
Page 4

FUTURES UNLOCKED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Registered office
The Hope Centre
8 Newbold Road
Rugby
wa￿Er￿h1r8
CV212LJ
Trustees
M Mansell
Reverend L Gill
Mrs V de Kock
D Proctor
H Bains
G D Mccranor
M N A Mikulsky (appointad 512124)
N J Wood {appointed 27r2124)
Ms J Woodings (appointed 4J7124)
Independent Examinor
Shaw Gibbs Limited
Eagle House
28 Billing Road
Northampton
Northamptonshire
NN15AJ
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Truste8s are responsible for preparing this report and aCC￿nts. We have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordani2 with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) {effective 1 January 2019).
Ch8rtty law requI￿S the Trustees to prepare financial slatements that give a true and fair view of the state of
the charity at the end of the finanaal year and of its surplus or deficit for the financial year. In doing 50 the
Trust8es are required to=
.Sele¢t suitable accOunti￿j poliryes and appty them consistently
.Ob5erve the methods and principles of the Charities SORP
-make judgements and estimates that are reasonable and prudent
.stata whether applicable UK Accounting Standards have been folknwed. subiact to any material disclosed
and explained in th8 financial s&￿ements
.Prepare the financial statements on going u)ncem basis unless it is inappropriate to presume that the
charity will continue in operation.
The Trustees are responsible for keeping proper a(xx)unting records whith disclose with reasonable accuracy
the financial posttion of the charity at any time and to enable lo ensure Ihat the financial statements
comply with the Companies Acts 2006.
The Trustees are responssble for saf8guarding Ihe assets of charity and her￿e reasonable steps have
been tak8n for the prevention of fraud and other i￿egularl178$.
The Trustees are responsible for the maintenaTTh and integrity of the ￿rpOrate and ffinan¢ial informalion
included on our website.
In preparing this report and aco)unts, advantage has been taken of the exemption in the small companies,
regimè.
Page 5

FUTURES UNLOCKED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
This report has been prepared in ￿1rdan￿ with the special provisions of Part 15 of th8 Companies Act
2006 relating to small (x)mpanies.
Zor)
Approved by orderof th8 t)oard 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 2024. 

## **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 

Shaw Gibbs Limited Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ 

Date: 9 July 2025 

Page 7 



FUTURES UNLOCKED
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Tot81
funds
2023
Total
funds
Ur￿tr[Cbj Restricted
funds
funds
Noles
INCOME AND ENDOWMENTS FROM
Donations and legacies
52.439
61.423
113,862
145.112
Investment incom8
2.067
2.067
1.679
Tolal
54.506
61.423
115.929
146.791
EXPENDITURE ON
Charitable activities
Supporting ex-offende
47.920
83.482
131.402
124,749
NET INCOMEI(EXPENDrruRE)
6.586
(22,059)
(15.473)
22.042
RECONCILIATION OF FUNDS
Total funds brought fotward
49.436
47.726
97,162
75,120
TOTAL FUNDS CARRIED FORWARD
56.022
25.667
81.689
97,162
The mtes fonn part of these fnancaal slatements
Paga 8

FUTURES UNLOCKED
BALANCE SHEET
31 DECEMBER 2024
2024
Total
fvrKIs
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
11
614
60
674
1,342
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
1.372
56.481
(1)
25.607
1.371
82.088
1,599
99,051
57.853
25.6
83.459
100,650
CREDITORS
Arnounts falling due withn one year
13
(2.444)
(2.444)
(4.830)
NET CURRENT ASSETS
55.409
25.606
81.015
95.820
TOTAL ASSETS LESS CURRENT
LIABILITIES
56.023
25.668
81.689
97,162
NET ASSETS
56.023
25.666
81.689
97,162
FUNDS
Unrestricted funds
Restricted funds
14
56.023
25.666
49.436
47,726
TOTAL FUNDS
81.689
97.162
The charitable company is enttiled to exemption from audit under Section 477 of the Companies Ad 2006 for
the year ended 31 December 2024.
The members have not required the company to obtain an audit of its finan(xal st8lements for the year ertrded
31 December 2024 in a(xordanc8 With Section 476 of thè Companies Act 2006.
The trustees acknowledge their r8sponsibilities for
(a)
ensuring that the charitable company keep5 accxjunting re￿rdS that ￿mplY with SeciK)ns 386 and 387
of the Comp8nies Act 2006 and
(b) preparing financial staiernents whith givo a true and fair view of the state of affairs of tho charitable
company as at th8 and of each financial year aNI of its surplus or defiol for each financial year in
accordan￿ wtth the requir8mants of Seciions 394 and 395 and whlch otherwise comply with the
requirements of the Companies Act 2006 relaling to financial 5tatem8nts. so far as applicab18 to thg
charitable company.
The notes form part of these ft)ancial statements
Pag8 9
continued...

FUTURES UNLOCKED
BALANCE SHEET - continued
31 DECEMBER 2024
Th8se financial statemenls have been prepar8d in a9j)rdan￿ with the provisions applicable to charitable
companies subject to tha small companies regime.
nancial stateme
were apprty￿d by the Board of Trustees and authoris8d for issu8 on
nd w8re sbJned on its behalf ty:
D Proctor - Trustee
The notes fomi part of these financial statements
Pag8 10

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basis of preparing the flnancial statements
The financial statements of Ihe charitabte company. which is a public benefit entity under FRS 102.
have been prepared in aCcnrdan￿ with the Charib'es SORP (FRS 102) 'Acwunting and Reporling by
CharFlies: Statement of Recommended practi￿ applicable to d)arities preparing their accounts in
accordance wtlh the Financial Reporting Standard applicable in tha UK and R8public of Ireland {FRS
102) (effective 1 January 2019}', Financial Reporting Standard 102 The Financial Reporting Stsndard
appllcable in the UK and Republic of Ir8land' and the Companies Acl 2006. The financial statements
hav8 been p￿Pared under Ihe historical C￿&1 convention.
The presentation ojrrency of the financial statements is the Pound Stefling (£).
Crltl¢al accounting judgements and key sources of estlmatlon uncertainty
The preparation of financial statements requires the use of certain (xttical ac(x)unling estirnates. It also
requires management to exercise its judgement in the prO￿s$ of applying the company accounting
policies. The areas involvtng a higher degree of judgem8nt or compl8xity, or areas whera assumptions
and estimates ar9 significant to the finanLial statements are disdosed within the Individual accounting
policies below.
Changes in accounting policies
The activities of the charity have been changed during ihe year and reflected in the prior year. to better
reffla¢t Ihe charity within the reporbng criteria of the SORP.
Income
All income i8 recognised in the Stalement of Financial Activities On￿ the charity has entitlement to Uie
funds, it is probable that the income will be received and the amount Can be measured reliably.
Expendlture
Liabilities are recognis8d as expendilure as soon as there is a legal or constructive obligation
committitvJ the charity to that exp8nditure. it is probab18 ttiat a transfer ol economic b8nafrts will ba
required in setuement and the amount of Ihe obligation can be measured reliably. Expenditure is
accounted for on an a(Lruals basis and has been classified under headings that aggregate all cost
relatad to the category. Vthere costs cannot be directly attributed to particutar headirus Ihey have been
allocated to acttvities on a basis consistent wilh the of resour￿.
Tangible fixed assets
Depreciation is provided at ￿e following annual rates in order to write off eath assel over its estimated
useful lrfe.
Computer equipment
25 % on cost
Fixed assets are stated at Cogt less accumulated depreciation and accumulated impairment losses.
Where parts of an item of property, plant and equipment hav8 differ8nt useful Iiv8s. triey ale accounted
for as separate items of prop8rty. plant and equipment.
Depreciation meth(Kls. useful lives and residual values a￿ reviewed at each balance sheet date. The
selection of these residual values and estimated Iiv8s requires the exercise of judgement. The
directors are required to assess whether there is an indication of impaimient to the carying value of
assets. In rnaking that assessment, judgaments are made in estimating value in use. The direclors
consider Ihat the individual carrying values of assets are supportable by their valu8 in use.
Taxatron
The charity is exempt from corporatTh tsx on its charitable actNiti8S.
Fund accounting
Unr8Stricted funds can be used n accordance with the d￿ritable objeclives at the discrelion of the
trustees.
Page 11
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEM8ER 2024
ACCOUNTING POLICIES - Continued
Fund accounting
Reslricled funds (%n ￿lY be used for particular restricted purposes wtthin the objecls of Ihe charity.
Restrictions arise when specified by the donor ￿ whon funds a￿ raised for particular restricted
purposes.
Further explanation of Ihe nature and purpose of eath fund is induded in the notes to the finanaal
statements.
Pension costs and other post-retirement beneffts
The charitable c£Jrnpany operates a defined conlribution penston stheme. Contributions payable lo the
charitable companls pension scheme are charged lo the Statement of Financial Activilies in the
period to which they relate.
Financ￿1 instruments
Cash and cash 8qUtvalents in the balance sheet comprise cash at banks and in hand and short ierm
d8posits wilh an original n￿lUrity date of three months OK less.
Debtors and creditors wih no stated interest rate and recetvable or payable within one year are
recorded at transaction price. Any losses arTrsing from impainnent a￿ recognised in th8 Statement of
comprehensive in(x)me under adminFstrative expenses.
Financial liabilit18s and ￿Ulty instruments are classtfied according io the substancE of the contractual
arrangements entered into. An equity instrument is any contract that evidances a residual interest in
Ihe assets of the entity after dedudtng all of its financial liabililies.
Wher8 the contractual obligations of financial instruments are equivalent to a similar debl instrument.
those financial instruments are classed as financial liabilities. Finan(aal liabilities are presented as such
in Ihe balance sP*et. Finance costs and gains or losses relating to finanryal liabilities are induded in
the profft and loss a¢wunL Finance costs are cal(yjIat￿ so as to produc8 a constant rate of retum on
the outstsnding liabilty.
DONATIONS AND LEGACIES
2024
2023
Donations
Gift Aid
Grants
5.461
403
139.248
397
104.422
113.862
145.112
Page 12
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - continu8d
FOR THE YEAR ENDED 31 DECEMBER 2024
DONATIONS AND LEGACIES - continued
Grants recxived. included in the above, are as follows-
2024
2023
Warwlckshire PCC
Rugby Borough Counc
The National Lottery Community Fund
Allen Lana Foundation
Albert Hunt Trust Grarrt Fund
Hild8n Charitabl8 Fund
Heart of England Fund
IOM-HM Prison & Probation servI￿s Fund
Lloyds Bank Unrestricted Grant
Openwork Foundation Grant Fund
Anton Jurgens Charitable Trust Grant
The Foyle Foundation
10,000
10,000
37.422
4.000
15,000
14,000
40,248
4.000
2,000
7.000
15.000
7,000
25.000
10.000
7.000
25,000
4,OCK)
7,000
104.422
139.248
INVESTMENT INCOME
2024
2023
Deposit account interest
2.067
1,679
CHARITABLE ACTIVITIES COSTS
Direct
Costs (se8
note 5)
Support
)sts (see
note 6)
Totals
Supporting ex-off8nders
118.608
12.794
131,402
DIRECT COSTS OF CHARITABLE ACTivrriES
2024
2023
Staff costs
Telephone
Postage and stat￿nery
Publicity and advertising
Sundries
Travel. subsisten￿. etc.
Client welfare
86.074
2,427
1.619
528
1,306
19.075
7,579
83.759
1.472
1.064
838
20.033
5.666
118.608
112,832
Page 13
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - continuèd
FOR THE YEAR ENDED 31 DECEMBER 2024
SUPPORT COSTS
Govemance
costs
Management
Finan
Totals
Supporting ex-offenders
8.106
79
4.609
12,794
Supporl (x)sts, induded in the at￿￿e, are as follows:
Management
2024
Supporting
ex-offenders
2023
Total
activiti8S
Rant and rales
Repairs and maintenance
Insurance
Sundries
IT costs
D8preciation of tangible arKI heritsge
assets
1.800
95
1,401
196
1.800
235
1.674
119
3.285
750
8.106
7.863
Flnance
2024
Supporting
8X-off&nders
2023
Total
activitias
Bank charges
79
73
Governance costs
2024
Supporting
ex-offenders
2023
Total
activities
Independent Examiners f88
L8gal and professional fees
Accountancy f8es
1,920
1,842
20
2.119
2.689
4.609
3.981
NET INCOMEI(EXPENDrruRE)
Net incomel(exparKliture) is stated after ¢hargingl(crediting):
2024
2023
Independent Examiners fee
D8preciation - owned assets
Other operating leas8S
1,920
668
1,800
1.842
749
1.800
Page 14
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. REMUNERATION AND BENEFITS
There were no twstee's remuneration for the year ended 31 De(Ember 2024 nor for the year ended 31
De￿rnber 2023.
Trustees. expenses
During th8 year £381 vras paid to trustees (2023: £380 to one of trustee) to cover the
reirnbur3em8nt of expenses pamj for on behalf of the chartty.
STAFF COSTS
2024
2023
Wages and salaries
Social security ¢))sts
Other p8nsion costs
82.205
1,300
2.569
79,584
1,138
3,037
86,074
83.759
Key management personnel (as deffin￿l by the SORP) comprise the trustees and the Operations
Manager.
Tha total remuneratwjn paid to k8y managem8nt ￿rsonnel was £42,920 (2023: £39.704).
The average monthly number of employees during the year wa5 as follows:
2024
2023
Engaged on charitable aclivibes
No ernploy*s received emoluments in exce55 of £60.0￿.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and log￿leS
37,862
107.250
145,112
Investment incom8
1.679
1.679
Total
39.541
107.250
146.791
EXPENDITURE ON
Charitable activities
Supporting ex-offenders
33.925
90.824
124.749
NET INCOME
Transfers between funds
5,616
(2)
16,426
22.042
Net movement in funds
5.614
16.428
22.042
RECONCILIATION OF FUNDS
Total funds brought forward
43.820
31,300
75.120
Page 15
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continuad
Unrestricted
Restricted
funds
funds
Totsl
funds
TOTAL FUNDS CARRIED FORWARD
49.434
47.728
97,162
11.
TANGIBLE FIXED ASSETS
Computer
equipment
COST
At 1 January 2024 and
31 December 2024
7,862
DEPRECIATION
At 1 January 2024
Charge for year
6.520
668
At 31 Decemb8r 2024
7.188
NET BOOK VALUE
At 31 December 2024
674
At 31 December 2023
1.342
12. DEBTORS: AMOUNTS FALLING DUE MTHIN ¢)NE YEAR
2024
2023
Trade debtors
Pr8payments and acC￿ed incom8
371
994
399
1.200
1.371
1.599
13. CREDITORS: AMOUNTS FALUNG DUE VVtrHIN ONE YEAR
2024
2023
Social security and other taxes
Aecnk2ls and deferr8d income
524
1,920
3,000
1,830
4.830
Page 16
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - conttnued
FOR THE YEAR ENDED 31 DECEMBER 2024
14. MOVEMENT IN FUNDS
Net
movement
in funds
At
31112124
At 111r24
Unrestricted funds
General fund
Contingency ReseNe Fund
24,777
24,659
6.587
31.364
24.659
49.436
6.587
56,023
Restricted funds
Family Project Fund (premously the
Kelly Trust Fund)
National Probation Service Core
Funding
The National Lottery Community Fund
Rugby Borough Council Reducing
R8-offending proj8Ct
Allen Lane FoundatKin
Albert Hunt Trust Grant Fund
Heart of England Fund
IOM-HM Prison & Probation Servi(*s
Fund
The Openwork Foundation (kant
119
(59)
60
4.460
12,563
(4.460)
3.139
15.702
1,363
3.036
1.154
15.000
3,809
(634)
(1,154)
(15.000)
5.172
2.402
31
10.000
(31)
(7.670)
2.330
47.726
(22,060)
25.666
TOTAL FUNDS
97.162
(15.473)
81,689
Not movement in funds. included in the above are as follows:
Incoming Resources Movement
resources expended
in fvnds
Unrestricted funds
General fund
54,5(
(47.919)
6,587
Restricted funds
Family Project Fund (proviously Ihe
Kelly Twst Fund)
Watwckshire PCC Fund
NatÉonal Probalion servi￿ Core
Funding
The National Lottery Community F￿d
Rugby Borough Council Reducing
Re-offending project
Allen Lano Foundation
Albert Hunt Trust Grant Fund
Heart of England Fund
IOM-HM Prison & Probalion Services
Fund
The Op8nwork Fo￿datiOn Grant
(60)
(10.000)
(59)
10.OIXI
(4.460)
(34,283)
(4,460}
3.139
37,422
10.OIXI
4.OCK)
(6.191)
(4.634)
(1,154)
(15.000)
3.809
(634)
{1.154)
(15.000)
(31)
<7.670)
(31)
{7,670)
61.423
(83.483)
(22.060)
TOTAL FUNDS
115.929
(131,402)
(15.4731
Page 17
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
Transfers
bebN8en
funds
movement
in fvnds
At
31112123
At 111123
Unrestrfcted funds
General fund
Contingency Reserve Fund
19.161
24.659
5,618
(2)
24,777
24,659
43.820
5,618
(2)
49.436
Restricted funds
Family Project Fund (previously the
Kelly Trust Fund)
Warwickshire PCC Fund
National Probati(In servi￿ Cor8
Funding
Th8 National Lottgry Community Fund
Rugby Borough Council Reducing
Re-offending pr<iect
Allen Lane FouThlation
Albert Hunt Trust Grant Fund
Heart of England Fund
IOM-HM Prison & Probation SerV[￿s
Fund
The Openwork Foundation Grant
179
1.649
(60)
(1.$51)
119
7.363
12.162
(2.903}
401
4.460
12,563
9.947
(8.5841
3,036
1.154
15.000
1,363
3,036
1,154
15.000
31
10,000
31
10.000
31,300
16.424
47,726
TOTAL FUNDS
75.120
22.042
97.162
Page 18
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - continuod
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
MOVEMENT IN FUNDS- continued
Comparativ8 net movemenl in funds. induded in the above are as follows:
Incoming
resources
Resources Movement
8xpand￿l
in funds
Unrestricted funds
General fund
39.541
(33.923)
5.618
Restricted funds
Family Project Fund {prevNsly the
Kelly Trust Fund)
Warwickshire PCC FufKI
National Probation Service Core
Funding
The National Lottery Communty Fund
Rugby Borough Council Reducing
R&offending project
Alen Lane Foundation
Albert Hunt Trust Grant Fund
Heart of England Fund
IOM-HM Prison & Probation Se￿1
Fund
The Openwork Foundation Grant
(60)
{16,651)
160)
(1,651)
15.000
(2,903)
(39.848>
{2.903}
401
40.249
14.000
3.999
2,001
15,OlX)
(22.584)
(963)
(847)
(8.584)
3.036
1.154
15.000
7,001
10.(M)O
{6.970)
31
10,000
107,250
(90.826)
16,424
TOTAL FUNDS
146,791
(124.749)
22,042
The purposes of the varM)us funds noted above are:
Family Project Fund {previously the Kelly Trust Fund)- Restricted - To support work with offenders,
families.
Warwickshire Pdic8 and Crim8 Commissioner FuThd - Restricted - Funding provided lo mentor dients
vtho are returning to Warwickshire after serving ffi￿r sentences in prtsons outside of Wa￿ickshire and
our two resettlement prisons in Redditch and Wolverhampton.
Contingency ResaNe Fund - Designated - Funds set aside to ensure that approximately four months
running cosls Can be covered.
General Fund - Unrestricted funds that can be spent as Ihe diarity shoukrf wish.
National Probalion Semce (NPS) Fund - Restricted - Fundng to provide mentoring to clients identifiad
by the Probation Servi￿.
The National Lottery Communty {pr8viousty Ihe BKJ Loltery) Fund
restricted funding lo rollout
mentoring in Coventry and Solihull including menlor recruitm8nt and trainir)g. discr8t8 projects which
are part funded by other agencies and for the develOpn￿nt of a more sustainable operaling structure
Rugby Borough c￿nCd Reducing R8-offendirKJ pr(¥￿ - reskncted - the funding covers core menioring
8ervi(xs for ex-offenders which are ￿nded in cOnju￿tron viith other agencies.
Allan Lane Foundation - Reslricted - funding to deliver mentoring support to clients in prison. and in the
community following their release.
Page 19
continued...

FUTURES UNLOCKED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
MOVEMEIIT IN FUNDS - continued
IOM HM Prison & Probation Servi￿$ Fund Restricted funding to provide mentoring to dients
identified by the Probation Servi￿.
Albert Hunt Trust Grant Fund Restricted - fundwig to deliver mentoring support to clients in prison.
and in the community following their Telease.
Heart of England Fund - Restricted - funding to d81iver mentoring support to dients in prison. and in the
community following their release.
The Opanwork Foundation Grant - Restricted - funding to deliver mentoring support to cli@nts in prison.
and in the community following their release.
15.
RELATED PARTY DISCLOSURES
In the year £1,800 was paid to Hope 4 (Rugby) Lld (WIK) 2 twstees of Futures Unlocked also hold a
trusteeship in) for rent
Page 20

FUTURES UNLOCKED
DETAILED STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift Aid
Grants
9.043
397
104,422
5.461
403
139,248
113.862
145,112
Investment Income
Deposit account interest
2,067
1,679
Totsl incoming resources
115,929
146,791
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Telephone
Postage and stationery
Publicity and advertising
Sundries
Travel, subsisten￿. etc.
Client welf8re
82,205
1,300
2.569
2.427
1.619
528
1.306
19,075
7.579
79,584
1,138
3,037
1,472
1,064
838
20.033
5,666
118.608
112.832
Support costs
Management
Rent and rates
Repairs and tnaintenance
Insuran
Sundries
IT costs
Depreciation of tangible and heritage
ass8ts
1.800
95
1.401
196
3.946
1,800
235
1.674
119
3.285
868
750
8.106
7,863
Finance
Bank charges
79
73
Governance costs
Independent Examiners fee
Legal and professional fees
Accountancy fees
1.920
1,842
20
2,119
2.689
4.609
3,981
This page does not forni part of the stalutory fi￿￿nCial statements
Page 21

FUTURES UNLOCKED
DETAILED STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 DECEM8ER 2024
2024
2023
Total resour￿$ expended
131.402
124,749
Net (8xpenditure)fincome
{15,473)
22.042
This page does nol fomi part of the statutory financial ststements
Page 22