## **Trustees’ annual report (including Directors’ report) for the period** **From: Period start date 01/12/2020 date 30/11/2021** ## **To: Period end** **Charity name: Future Inclusions Organisation** **Charity registration number: 1159918** **Company number: 08766381** ## **Objectives and activities** **----- Start of picture text -----**
SORP
reference
Summary of the purposes Para 1.17
Future Inclusions Organisation
of the charity as set out
services included informal education,
in its governing
advocacy, support, and training with
document
the view to developing the skills and
capabilities to enable participants
become more independent in their
respective communities
Summary of the main Para 1.17 and
activities in relation to 1.19 Future Inclusions Organisations’
objectives this year have been to:
those purposes for the
public benefit, in - Complete new programmes as per
particular, the activities,
the projects outline
projects or services
identified in the
-Look to re-run programmes that
accounts.
were successfully completed in the
previous year
- Continue to explore new
programmes for future years that
Future Inclusions Organisation can
fulfil
- Provide advocacy services to the
local community
Statement confirming Para 1.18 We have referred to the guidance
whether the trustees contained in the Charity Commission's
have had regard to the general guidance on public benefit
guidance issued by the when reviewing our aims and
Charity Commission on objectives and in planning our future
public benefit activities
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## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **optional** Para 1.38 Policy on grant making **optional** Para 1.38 Policy on social investment including program related investment **optional** Para 1.38 Contribution made by volunteers **optional** Other ## **Achievements and performance** Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Future Inclusions Organisation has so far met all of its objectives and continues to seek funding to meet the needs of our activities through fund raising and grant seeking. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. We have continued to work with a number of organizations throughout 2020/21 to allow participants to complete training courses on various informal educational and social skills activities. A number of projects have been completed in the year, in line with our strategy – so continue to rerun previously successful projects, whilst adding new projects/programmes each year, with the intention of repeating these, therefore, continually growing the work that the charity commits to. Whilst completing the projects, Future Inclusions Organisation intends to continue to work tirelessly to achieve its objectives and targets, whilst increasing all aspects of fund raising, grant seeking and further event participation along with increasing the trusted volunteer base and looking to increase the trustee level engagement. ## **Additional information (optional)** You may choose to include further statements where relevant about: **optional** Para 1.41 Achievements against objectives set **optional** Para 1.41 Performance of fundraising activities against objectives set **optional** Para 1.41 Investment performance against objectives **optional** Other **Financial review** **----- Start of picture text -----**
Review of the charity’s Para 1.21
Future Inclusions held reserves at
financial position at the
the end of the year these were used
end of the period
to complete committed projects,
used as working capital for
2021/2022 and also to help in
funding further projects. All projects
in the UK.
Statement explaining the Para 1.22 Unrestricted funds are always
policy for holding expected to be held for working capital
reserves stating why they of the charity and to assist with future
are held projects.
Amount of reserves held Para 1.22 at the yearend total funds of £35,038
were held.
Reasons for holding zero Para 1.22 N/a
reserves
Details of fund materially Para 1.24 N/a
in deficit
Explanation of any Para 1.23
As the charity has funds for working
uncertainties about the
capital there is no uncertainty
charity continuing as a
regarding the charity continuing as
going concern
a going concern – however, the
Charity still continues to look to
reduce its monthly fixed overheads
which is felt to be prudent.
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## **Additional information (optional)** You may choose to include further statements where relevant about: **Project funding** Para 1.47 The charity’s principal sources of funds (including any fundraising) **No funds are invested** Para 1.46 Investment policy and objectives including any social investment policy adopted **optional** Para 1.46 A description of the principal risks facing the charity **optional** Other ## **Structure, governance and management** **----- Start of picture text -----**
Description of charity’s
Future Inclusions Organisation is
trusts:
managed by competent individuals
within its structural system, who
ensure that trustees are identified
and vetted through a rigorous
process. This process identifies
those who are suitable for the role
without discriminating in any way.
All decisions are made
democratically.
Type of governing Para 1.25
Future inclusions is governed by its
document: for example,
memorandum and articles of
trust deed, memorandum
association.
and articles of
association etc
How is the charity Para 1.25
Future Inclusions Organisation is
constituted?
limited by guarantee.
for example limited
company, unincorporated
association, CIO
Trustee selection Para 1.25 Trustees are identified and vetted
methods including details through a rigorous process. This
of any constitutional process identifies those who are
provisions e.g. election to suitable for the role without
post or name of any discriminating in any way. All decisions
person or body entitled are made democratically.
to appoint one or more
trustees
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## **Additional information (optional)** You may choose to include further statements where relevant about: **n/a** Para 1.51 Policies and procedures adopted for the induction and training of trustees **n/a** Para 1.51 The charity’s organisational structure and any wider network with which the charity works The Director and Trustee Mr W Para 1.51 Robinson is related by marriage to Relationship with any related parties Mrs F Robinson (employee). **n/a** Other ## **Reference and administrative details** **----- Start of picture text -----**
Charity name Future Inclusions Organisation
Other name the charity
uses
Registered charity 1159918
number
Charity’s principal 26 Howard De Walden Way, Newmarket, CB8
address 0LY
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## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 K Banks-Browne 20/04/2020
2 A D T Rita 27/03/2019
3 W J Robinson 01/01/2015
4 A J Smith 05/06/2015
5
6
7
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8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements n/a for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **n/a** ## **Other optional information** **n/a** ## **Declarations** **The company has taken advantage of the small companies’ exemption in preparing the report above.** **The trustees declare that they have approved the trustees’ report (including directors’ report) above.** **Signed on behalf of the charity’s trustees/directors** **Signature(s) Full name(s) Position (for example Secretary, Chair, etc)** **Date** FUTURE INCWSIONS ORGANISATION Charlty No. 1159918 Company No. 08766381 Trustees, Report and Unaudlt•d Accounts 30 November 2021 FUTURE INCLusiof+lS ORGANISATION Contents Pages 2to4 Tru5tees' Annual Report Staternent of Flnanclal Acttvlttes 5t05 Balance Sheet 6t06 Notes to the Accounts Detalled Statement of Flnanclal Acilvltles 7t013 14tolS Pa8e I FUTURE INCLUSIONS ORGANISATION Trustees Annual Report The Trustees, who are also directors of the charity for the purposes of the Companle5 Art 2￿6, present their report wlth the unaudited financial statements of the chaiity fow the year ended 30 November 2021. REFERENCE AND ADMINisfRATIVE DÉTAILS Company No. l)8766381 Charlty No. 1159918 Re8htered Offl 26 HOWARD DE WALDEN WAY NEWMARKET SUFFOLK ENGLAND C88 OLY Dlrectors and TNste The Dlreclors of the charltable company are Its Trustees forthe purposes of th•rlty law. The followln8 Dlrectors and Trustees served durlng the year: K. Banks-8rowne A. James Smlth S. Roblnson W. Roblnson A.D. TrSnldade R (ResIgr￿ 9 August 20211 K•y M•n•Aement Personnel Treasurer B Atklnson Ac¢ountsnts A88EYGATE AccouiifANCI LTD UNIT27 STATrON HIL THURSTON, BURYST EDMUNDS IP313QU OBJECTIVES AND ACTMllES Future Incluslons Or8anisatton services included Informal educatlon, advocacy. support. and tralnlng wlth the vlew to developing the skllls and capabilities to enab￿ partldpants to become more lrtdependent In their respectlve communlties Future Inclusions Organisations, oblectlves this year been to: . Complete new progrnmmes 45 perthe projects (wtline . Look to rfrrun pro8rnmmes that were successfully completed in the previous year . ContSnue to explore new programmes for future years that Future Inclusions Orzanlsation can fulfil Page 2 FUTURE INCLUSIONS ORGANtSAnoN Trustees Annual Report . Provide advocacy service5 to the local communlty Future Inclusions Orgènrsation continues to meet all of Its oblecti¥es and l¢)oks for funding to meet the needs of its activitses through fundralslng and grant seeklng. We have referred to the guidance contained in the Charlty Commlsslon's general guidance on public benefft when revlewlng our alms and oblectlves and In plannlng our future acttvhles ACHIEVEMENTS AND PERFORPAANCE Future Incluslons Or8antsatfjon contSnue5 to grow. with an In￿aSe Sn Income. volunteers. and sponsors. Future Incluslons Organlsation has over the year provided food parcels dlrert to famllles In need In Suffolk Malorlty fundlng was gained from Suffolk Communlty Foundation and National Lottery towards supporting peopte over the Covid-19 pandemlc era wlth food parcels. We have ¢onttnued to work wlth a number of toyal organi5ations throughout 202V2022 and also new or8anlsatlons have dlrectty approached Future In¢lusk>ns Of8anlsatlon to asslst In the delivery of new projects. Or8anis•tlons thal contirtue to work dose￿ wlth us Indude Mo￿lIfe UK, LO Rope, BBC ChIld￿fi In need, Suffolk Communlty Foundation. Ipswkh Borough Coundl, Na￿n•1 Lottery. Abbeygate Accountancy. Clothworker5 foundation and 81rketts Le8al. FINANaAL REVIEW Future Incluslons held reser4es at the end of the year these were used to complete commltted projects. used as workln8 capltal for 202V2022 and akn io help In fundln8 hjrther projects. prolects In the UK. Funds are always expected to be htld for WOfkln8 capitsl of the charlty and to 4S515t wlth future prole¢ts-4t the yearend total funds of £35.039 were held As th• charlty has funds forworkln8 capii•l thert ts no uncertalftty re8ardln8 the charlty COn￿nUIng as a iolng concern. PLANS FOR FirruRE PERIODS We contlnue to ensure the ¢ornpletlon of our prolecls In the UK Increase charlty •wareness and partlclpat5on wlth the pro8rammes we are ojrrentty worklng on. Future IrKlusl¢)ns Or8anlsatlon acttvely works to Increase the amount of projects that we are Involved wlth. Incre45e ourvolunteer base and expertlse and look to Increase our monthty donations STrVCTURE, GOVERNANCE AND MANAGEMENT Future In¢luslons Or8anlsatlon Is managed by competent Indivmluals wlthln fts structural system. Future Inclusions Or8anisatlon Is governed by Its memorandum and artlcles of assoclatlon. Future Inclusions Or8ènisatioft Is Ilmlted by 8uarantee. Trustees are identtfied and vetted through a rlgorous pr(*ess. Thls process klentlfies those who are sultable for the role wlthout dlscrlmlnatln8 In any way. All dectslons a￿ made democralicalty. The Dlrector and Trustee Mr W Roblnson is related by marrlage to Mrs F Roblnson {employeel. The charfty have an external Treasurerto asslst wlth the compllatlon of the accounttre Informatfjon The Trustees are responslble for keepin8 properaccountSn8 records that disdose with reasonabte èccurècy at any ttme the ftnanclal posmion of the charity and to enable them to ensure that the financial statements comply with the Companles Acl 21J)6. The Trustees are also responslble for safeguarding the a55ets of the charlty and hence taklng reasonable step5 forthe wevention and deteclion of fraud and other irregularittes. The above report has been prepared in accordance wlth the provisions applicable to companies subject to the small companies regime as set out In Part 15 of the Cornpanies Att 2Ci16 and In accordance with the Charitles SORP IFRS 1021. Page 3 Tru Slgned on behalf of the board W. Roblnson Trnstee 30 November 2021 . d,i(.- P•ge4 FUTURE INCLUSIONS ORGANISATION Statement of Flnandal Activities for the year uded 30 N¢Nember 2021 unrest￿ fvnds Restrlcted funds Totrl fvnds Totsl fvnds 2021 2021 2021 2020 In¢ome and endowments Donations and legades Charitable activitie5 Other trading activities 176 5.574 27,141 176 5.574 61103 10.000 33.7È10 34.959 Total 32.891 34.959 67,850 51.700 Expenditure on: Rasing funds Other 26.719 26,719 35.599 17,357 11.918 32,345 32,345 Totsl 29.973 61318 29.275 Net galns on Investments Net Income 5.532 22.425 Transfers between fvnds Net income before other galnslllossesl 5.532 21425 Other8aln$ and losses Net movement In fvnds 5.532 21425 Recondllatlon of funds: Total funds brought forward 26.492 3.014 29,506 7.081 Totsl funds wrfed forw¥d 27.038 35,038 29.506 Pa8e 5 FLrruRE INCLUSIONS ORGANISATION Balance Sheet at 30 November 2021 Company No. 08766381 Notes 2021 2020 Hxed assets Tangible assets li 12,458 12,458 Current assets Cash at bank and in hand 25,705 25,705 Iiiii 25,594 30.266 30,266 113,2181 17,048 Credltors: Amount falling due within one year Net current assets 12 Total assets less current114bllltles 35.038 29.506 Net assets excludlng penslon asset or llablllty Total net assets 35,038 29,506 35,038 29,506 The funds ofthe charlty Restrlcted lunds Restricted income funds 13 8,000 8.000 3.014 3.014 Unrestrlrted funds General funds 13 27,038 26,492 27,038 26,492 Reserves 13 Total funds 35,038 29,506 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 30 November 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relatr'ng to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilittes for complying with the requlrements of the Companles Act 2006 with respect to accounts'ng record5 and the preparats'on of accounts. Approved by the board on 30 November 2021 And signed on its behalf by: W. Robinson Trustee 30 November 2021 Page 6 FUTURE INCWSIONS ORGANISATION Notes to the Accounts for the year ended 30 November 2021 l ACCI￿ntIng pollcles Basls of preparallon The financial statements have been prepared In accordance with Accounttn8 and Reportrn8 by Charitie5- Statement of Recommended Pracknce appllcable to charities preparing their accounts In accordance wlth the Flnanclal Reporttn8 Standard appllcable In the UK and Republlc of Ireland IFRS 1021 leffectlve I January 20151- {Charltles SORP IFRS 10211, the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 102) and the Companles Act 2006. Change In b•$l$ of a￿OuntIng or to prevlous accounts Therè has been no chan8e to the accounttng pollcles Ivaluatton rules and method of accountlngl slnce last year and no changes have been made to accounts for prevlous year5, Fund accountlni Unrestrlcted funds These are avallable for use at the dlscretlon of the trustee5 In furtherance of the general objects of the charlty. These are unrestrlcted funds earmarked by the trustee5 for partlcular purposes. These are unrestrlcted funds whbch Include a revaluatlon reseple representlng the reststement of Investment assets at thelr market values. These are avallable for use subjert to restrlrtions Imposed by the donor or through term5 of an appeal. Desl8nated funds Revaluadon funds Restrfcted funds Inwme Reco8nlUon of Income Income Is Included In the Statement of Flnanclal Actfjvldes ISOFAI when the charlty becomes entitled to, and vlrtually certaln to recetve. the Income and the amount of the Income can be measured wlth sufflclent rellablllty. Income wlth related Where Income has ￿lated expendSture the Income and related expendlture Is e¥pendlture reported gross In the SOFA. Donatton$ and le8acles Voluntary Income recelved by way of grants, donatlons and glfts Is Included In the the SOFA when recelvable and onty when the Charlty has uncondltlonal entttlement to the Income. Tax reclalms on Income from tax reclalms Is Included In the SOFA at the same Ime as the donations and 8ifts 8fft/donailon to whlch It relates. Donated servlces These are only Included In Income Iwlth an equlvalent amount In expendllurel and faclllttes where the benefit to the Charlty Is reasonably quantlfiable, measurable Jnd materlal. Volunteer help The value of any volunteer help rece￿ed Is not Included In the accounts. Investment Income Th15 Is Included In the accounts when recelvable. Galnslllossesl on Thls Includes any 8aln or loss resultSn8 from revalulng Investments to market value revaluallon of fixed at the end of the year. assets Galn51110ssesl on Investment assets Thls Includes any galn or Ioss on the sale of Invesiments. Page 7 FUTURE INCLUSIONS ORGANISATION Notes to the Accounts Expendlture Recognition of expenditure Expenditure ts recognlsed on an accwals basls. Expenditure Include5 any VAT whl¢h Cannot be fully recovered, and is reported as part of the expenditure to whith it relates. Expendlture on These comprise the costs associated wlth attracting voluntary Income, fundralslng ralslng funds tradlng costs and investment management costs. Expendlture on These tomprise the costs incurred by the Charlty In the dellvery of Its activlties and charitable activities serylces in the furtherance of its objects. Includlng the maklng of grants and governance costs. All grant expendlture ts accounted for on an actual paid basi5 plus an accrual for 8rant5 that have been approved by the trustees at the end of the year but not yet paid. These Include those costs assoaated with meettng the const5tutlonal and statutory requlremerts of the Charity, includlng any audlvlndependent eKamlnation fees, costs linked to the strategic management of the Charlty, together with a share of other admlnlstration costs. Other expenditure These are support Costs not allocated to a partlcular acilvlty. Grants payable Governance costs Taxation The charty Is exempt from corporation tax on its tharitable acttvlties. Tanglble fixed assets and depreclation Depreclation is provided at the followlng annual rates In order to write off each asset over Its estimated Useful life: Computer Equlpment Motor vehicles 20% Straight line 20% Reducing line Freehold Investment property Investment properties are measured Inltialty at cost and subsequently at falr value at each balance sheet date and are not depreclated. All gains or losses are taken to the Statement of Flnanclal Activitses as they arfse. Slocks Sto¢k is included at the lower of cost or net realisable value. Donated Stems of stock are recognlsed at falr value which is the amount the charlty would have been willin8 to pay forthe Items on the open market. Trnde and other debtors Trade and other debtors are recognlsed at the settlement amount due after any trade dlscount offered. Prepayment5 are valued at the amount prepaid net of any trade discounts due. Cash and cash equlvalents Cash and cash equivalents comprlse cash at bank and on hand. demand deposlts wlth banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown wlthln ljorrowlngs or current liabilities. In the Statement of Cash Flow5, cash and cash equivalents are Shown net of bank overdrafts that are repayable on demand arKI form an Inte8ral part of the company's cash management. Page 8 FLrruRE INCLUSIONS ORGANISATION P4ot85 to the Accounts Trade and other credltors Short term creditors are measured at the tran5aclion price. Other credltors and provtslons are recognlsed where the charity has a present obligation re5uliing from a past event that wlll probably result In the transfer of funds to a thlrd party and the amount due to settle the obligation can be measured or estimated rellably. Creditors and provislons are nomially re£o8n15ed at their settlement amount after allowlng for any trade distounts due. Res¢*rch and deVelopm￿t Expendlture on research and developmentls wrltten off In the year In whlch It Is Incurred. ForelBn currend Monetsry assets and Ilabllltfjes denominated In currendes other than the functional currency of the charlty are translated at the rates of exchange prevalling at the end of the reporting perlod. Transactions In curren¢ies other than the functional currenw of the charlty are recorded at the rate of exchange on the date that the transaction occurred. All exchan8e dlfferences are are tsken Into Kcount In arrl¥ln8 at net Incomelexpendlture. Where the charlty enters Into a lease whkh entslEs tsk•￿ substantlaty all the rlsks and rewards of ownershlp of an asseL the lease Ss treated as a finance lease. Leases whlch do not transfer substantlally all the rbks and rewards of ownershlp to charlty are dasslfied s operating leases. Assets held under finance leases are Inltlally recognlsed as assets of ihe chartty at thelrfalrvalue at the Inception of the lease or. If lower. at the present value of the mlnlmum lease payments. The correspondln8 Ilablllty to the lessor Is Included In the bolance sheet date as a finance lease obll8•tlon. Lease payments are apportloned bethen financè expenses and reducti¢￿ of the lease obll8atlon $0 as to achleve a constant rnte of Inte￿$1 on the remalnln8 balance of the liablllty. Flnance expenses are recognlsed Immedlately. unless they are dlrectly attrlbutable to qualifyln8 assets. In whlth case they are ¢aprtallsed In accordance wlth the tharlty's polKy on borrowln8 Costs. A$5ets held under flnance leases are depredated In the sarne way as owned wets. Operatlng lease payments Jre recognlsed as an expense on a str•b8ht-Ilne basls over the lease tern). In the event that lease Incentlves are recelved to enter Into operating leases. such Incenttves are recognlsed as a liabllity. The aggregate benefit of Incenilves ts recognbed as a reductlon of rental expense on a strnl8ht-Ilne bas￿. Penslon costs The charlty operates a defined contrlbution plan for its employees. A defined contrfbutlon plan LE penslon plan underwhith the company pays fixed contrlbutions into a separate entity. Once the contributions have been pald the company has no further payments obllgatiorts. The contrlbutlons are reco8nlsed as expenses when they fall due. Amounts not pald are shown In accrua15 in the balance sheet. The assets of the plan are held separdtefy from the company In Independently admlnistered funds, Re¢elpt of donated goods, f*dlltles and seThlces All donated goods. facilitte5 and services received afe reco8n15ed wlthln Incomln8 resources and expenditure at an estimate of the value to the charity. Page 9 FUTURE INCW510NS ORGANIMTIthY Notes to the Accounts 2 Company stst The company ts a prlvate company Nmlted by guarantee and o)nsequently does not have share capital. 3 Ststementof Financial Arti¥Its￿- plor year funds Totsl funds 2020 2020 2020 In¢ome and endOwn￿nts from: Donations and legacies Charitable activlttes Other trading acliviiies Totrl 10.0 13.369 io,orM) 33,740 20,371 3L329 20,371 5L700 Expenditure on: Ra￿Ing funds Other 17.357 17.357 11.918 IL918 Total IL918 17.357 29.275 Net Incorne 19.411 3,014 22,425 Net IrKome before other galnsl(lossesl Othergains and l¢>sses: Net movement In funds 19.411 3,014 22,425 19.411 3.014 22.425 Reconclllatlon of fvnds: Totsl funds brought forward Total funds caThled forwanl 7,081 7,081 26.492 3.014 29,506 4 Income from doThation5 and lepcles Unrestrlrted Total Totsl 2020 Donations 176 176 7.960 7.960 176 176 5 Income from charftsble acthiities Totsl 2021 Total 2020 Grants 5.574 5.574 5.574 5.574 io.crfio iO.L Page 10 FUTURE INCLUSION5 ORGANISATION N¢>tes to the Accounts 6 Ineome from other tradkn8 aCtl¥lti Total Total 2021 2020 ProJe¢t Income Other Income 26.801 34.959 6L760 340 33.3 350 27.141 34.959 62.1 33.740 7 Expendlture on ralslwd funds Totsl 2021 Totsl 2020 Investmentmanoqement costs Project Expenses 26.719 26.719 26.719 26,719 17,357 17.357 Oth•r •xpendlture Unrestrlcted Totsl 2021 Totsl 2020 A(*rfertTsln8 Volunteer Costs 1029 2,029 341 597 Employee ¢osts Motor and travel costs Prembses costs AmortisatFon, depretlatlon. Impalrment, profitlloss on d15posal of flxed a55ets General administrative costs Legal and professlonal costs 20.903 3.254 24,157 5,111 571 4,991 4.991 3,562 3,014 3.014 564 1,159 13 32.345 3,254 35.599 11.918 9 N•t Income belore transf•rs 2021 2020 Thls Is stated after char8lng: Depreclation of owned flxed assets IQ stsff costs Salarles and wages Soclal security costs Penslon ¢osts 3.014 564 23.OCf) 654 4.530 327 503 24,157 4,941 No employee rece￿ed emoluments in excess d£60.IJY). Page 11 FINURE INCLUSIONS ORGAJ41&4TION Notes to the Accounts 11 Tanglble fixed assets Computer EquIpir￿ ¥ehkles Totsl Cost or revaluatlon At l December 2020 At 30 November 2021 Depredadon and Impalrment At l Decernber 2020 Depreclatton charge for the year At 30 November 2021 2,255 2,255 12,250 12,250 14,505 14,505 2,047 2,047 $64 2,450 3.014 2,611 2,450 5,061 Net book values At 30 November 2021 At 30 November 2020 12 C¢•dltors: amounts falllnz due wlthln one ye•r 13561 12,250 12.458 2021 2020 Trade credlto Other taxes and sodal s•¢urlty Other credltors 11250 669 299 13,218 lis iii 13 Mowm•nt In funds resources ndudln8 Resouftes expended November 2021 2020 Re5tr1cted lund$: 3.014 34,959 129,9731 Total 3,014 34,959 129,9731 Unrestrlcted funds: General funds 26.492 32,891 132,3451 27,038 Revaluallon Reser¥es: Totsl funds 29,506 67,89) 162.3181 35.038 Page 12 FUTURE INCLUSIONS ORGANISATION Notes to the Accounts 14 Analysls of net assets between funds Restrlrted funds Totsl Flxed assets Net currenl assets 9,444 25,594 35.038 25.594 35,038 15 R•¢ondllallon of net debt Atl December At30 r+lov8mber 2020 C•sh flows 2021 Cash and cash equlvalents 30.266 30,266 14,5611 14,5611 25.705 25,705 Net debt 30,266 14,5611 25.705 16 Commltments Opemilno leo$e ¢ommltments AnnuJl cornmltments under non-cancellable operatln8 leases are as follows: 2021 i•nd •nd Iwlldln 2021 2020 land and bylldlny 2020 Other Oth•r Operallng leases wbth explry date: Penslon ¢ommltm¢nts 1021 2020 The penslon cost charge to the ¢ornpanv amounted to: 503 17 Related party dlsclosures Controlllngporty The company Is Ilmlted by guarantee and has no Sha￿ capitsl: thus no sln8te party controls the company. Page 13 FUTURE INCLUSIONS ORGANISATION Detalled Staternent of Flnandal Actlvltles lor the year qnded 30 November 2021 Restrlcted funds Totsl fvnds Totsl funds 2021 2021 2020 Unre$trfcted funds 2021 Income and endowments from: Donatlon5 and legacles Donat6ons 176 176 176 7,960 7,960 176 Charltable acdvltles Grants 5.574 5,574 5,574 5,574 10,000 10,000 Other tradln8 athvltles Project Income Other Income 26,801 340 34,959 61.760 340 62,100 67,850 33,390 350 33,740 51,700 27,141 34.959 Total Income and ¢ndowm¢nts 32,891 34,959 Expendlture on: Investment management Costs Project Expenses 26,719 26.719 26,719 26,719 17,357 17,357 Total ol•xpendltur• on rnlslni funds 26,719 26,719 17,357 Other expendlture Advertlslng Volunteer Costs 2,029 2,029 341 597 938 2.029 2.029 EmplO￿e costs Salarleslwages Employer's NIC Penslon costs Staff tralnlng 19,746 654 503 3,254 23,(M]O 654 503 4,530 327 170 5,111 20.903 3,2YI 24,157 Vehlcles- Fuel Travel and subslstence 91 571 Premlses costs Rent Premlses Insurances 3,547 3,547 3,000 562 3,562 4,991 4.991 General admlnlstrative costs, Includln8 depreclation and amortisation Page 14 FUTURE INCLUSIONS ORGANISATION Detalled Statement of Hnandal A¢dintles Depreclat6on of Computer Equlpment Depreciation of Motor vehlcles Depreclation of Equlpment expertsed Postage and couriers Stationery and prlnOn8 Subscriptions Telephone. fax and broadband 2,450 2.450 $64 114 39 564 235 114 39 131 72 1.183 4,422 72 216 577 1.183 4,422 1,723 Legal and professlonal costs Other legal and professlonal costs 13 13 Totsl ofexpendlture of other tos Totsl ¢xp¢ndttur• Net galns on Investments 32.345 3,254 29,973 35.599 11,918 32.345 62,318 29,275 Net Income 4,986 S.S32 22.425 Incom• belorn oth•r 8•Inslllass￿j Other Galn$ 4.986 5.532 22.425 Net mov•m•rf In fvnds 4.986 5.532 22,425 R•¢ondll•¢lon of funds: Total funds broutht forward 26.492 3.014 29,506 7,081 Totsl fvndi uyrled forward 27.038 35,038 29,506 Pa8e 15