DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
ANNUAL REPORT
& FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST MARCH 2025
Charity Registration No. 1180845

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
CONTENTS
Page
Trustees, Annual Report
Independent examiner's report
Statement of Financial Activities
Balan￿ Sheet
Notes to the Financial Statements

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025
ST
The Trustees present their report and financial statements for the year ended 31st March 2025
for the Charitable Incorporated Organisation.
The financial statements have been prepared in accordance with the Charitable Incorporated
Organisation's trust deed, the Charities Act 2011 and 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
published {FRS 102) {effective 18t January 2019).
OBJECTIVES AND ACTIVITIES
The object of the Charitable Incorporated Organisation is, for the public benefit, to relieve the
needs of young people under the age of 25 with Special Educational Needs and Disabilities
{SEND) by the provision of facilities for training and work experience designed to assist with
developing their confidence, capabilities, skills and employability.
Public Benefit
In considering the objectives and activities, the Trustees have considered the Charity
Commission's guidan￿ on Public Benefit to ensure that the organisation is meeting its Public
Benefit requirements.
ACHIEVEMENTS AND PERFORMANCE
The café was open from Tuesday to Friday during school term time. On Monday afternoons we
open it for some of our most vulnerable pupils who have various mental health needs. These
pupils use the café facilities to make their own lunch and to then bake cakes to sell in the café
from Tuesday to Friday.
We continue to provide work experience to students. through helping to prepare food and
serve customers, as well as to be a source of reasonably priced, well-prepared food for the
local community.
Some trainees have moved on to other forms of work experience or internship. Employment at
the café has given them new skills and an increased Confiden￿ to use these skills in other
workplaces. Trainees have moved on to placements at the Liverpool Women's Hospital or the
Delta Marriot Hotel. Some former trainees now have permanent paid employment.
Sandy Park Café is a key part of an employment strategy to ensure these young people gain
the ne￿$Sary, experien￿, knowledge and skills to move on to the next stage of their lives.
We have supported the salary of two assisted apprentices; one has moved on to a permanent
job and the other is undertaking her apprenticeship at the moment with a view to an
opportunity of future employment. She is presently undertaking a voluntary placement to help
her develop further skills ready for future paid employment.
25 Students have been provided work experience opportunities with the café during the year.
They have worked through a programme of skills development that includes cleaning, serving,
preparation of food, using specialist equipment, and customer service. The skills trainees have
acquired, help them with the next step of their employment programme. One trainee this year
has just enrolled on a catering course.
The progress each trainee has made has been excellent. One of the main successes has been
the increased confidence and social skills that trainees exhibit after their work experience at
the café.

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025
ST
The staff have played a crucial role in this development, and the programme has been very
well designed to ensure this Suc￿ss. We have increased the number of pupils at the Café with
our mental health unit at the school preparing and cooking food.
FINANCIAL REVIEW
Total income for the year was £31,972 (2024.. £29,682) including rent of £7,129 {2024=
£6,581), of which £nil (2024= £nil) related to funding for projects upon which restrictions are
placed.
Total expenditure for the year was £31,193 (2024.. £36,442) leaving a surplus for the year of
£779 (2024.. deficit £6,760).
At 31st March 2025 the Charitable Incorporated Organisation's reserves stood at £26,542
(2024.. £25,763), of which £3,122 (2024.. £4,025) represented restricted reserves.
Risk Management
The main risks to which the Charitable Incorporated Organisation is exposed as identified by
the Trustees have been considered and systems have been established to mitigate those
risks.
Reserves Policy
Reserves are defined by the Charity Commission as unrestricted funds expendable at the
discretion of the Trustees in furtherance of the Charity's objects. The Trustees reserves policy
has been agreed in accordance with the Charity Commission Guidance. The reserves policy is
set to ensure that the charity is operating with sufficient unrestricted free reserves to avoid
financial difficulties and has been set at a minimum level of three months of operating costs.
As at the end of the financial year the unrestricted funds totalled £23,420 less unrestricted
fixed assets of £1,588 leaving free unrestricted reserves of £21,832. The Charitable
Incorporated Organisation requires £7,573 for three months, operating costs.
The trustees plan for the balance of the unrestricted will be the continuation of activities and
replacement of equipment when needed. This year we have also costed out replacement of
some major items of equipment. This would be approximately £10,000.
STRUCTURE, GOVERNANCE AND MANAGEMENT
student Futures is a registered Charitable Incorporated Organisation (CIO), number 1180845
formed on 26th November 2018, under the terms of their constitution 10th April 2018.
There must be at least three charity trustees, if the numbers falls below this minimum, the
remaining trustees may act only to call a meeting of the charity trustees or appoint a new
charity trustee.
There is no maximum number of charity trustees that may be appointed to the CIO.
The first trustees appointed will remain in office as follows.
Mark Hilton
three years (Reappointed October 2022 for 3 years)
three years {Reappointed March 2022 for 3 years)
three years {Reappointed March 2022 for 3 years)
two years (Reappointed May 2024 for 3 years)
Keith McDowall
Paul Bibby
Julia Casimo

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025
ST
Apart from the first charity trustees, every trustee must be appointed for a tem of three years
by resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustee, the charity trustees must have
regard to the skills, knowledge and experience needed of the effective administration of the
cio.
The charity trustees will make available to each new charity trustee, on or before his or her first
appointment.
A copy of the current version of this constitution, and
A copy of the CIO'S latest trustee, Annual Report and Statement of Accounts.
REFERENCE AND ADMINISTRATIVE DETAILS
Name
student Futures
Charity number
Address & Office
1180845
Sandfield Park School
South Drive, Sandfield Park
Liverpool, L12 1 LH
The members of the Board of Trustees are as follows..
Trustees
P Bibby
J Casimo
M Hilton
K McDowall
Independent examiner Ying Huang ACCA
clo LCVS
151 Dale Street,
Liverpool,
L2 2AH
Bankers
Santander UK PIC
Bindle Road
Bootle
Merseyside
L30 4GB
Signed on behalf of the Trustees
DoCu$￿ned by..
th(}
JSSC28Bt&62147A
Hilton, Trustee
29 January 2026
Date:.......................................

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
STUDENT FUTURES
I report on the accounts of the Charitable Incorporated
Organisation for the year ended 31st March 2025 which is set out
on pages 6 to 15.
Res
ective
res
onsibilities of
trustees and examiner
The Charitable Incorporated Organisation's Trustees are
responsible for the preparation of the accounts. The Charitable
Incorporated Organisation's Trustees consider that an audit is not
required for this year under section 144 of the Charities Act 2011
(the Charities Act) and that an independent examination is
needed.
It is my responsibility to..
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions
given by the Charity Commission (under section 145(5)(b) of
the Charities Act, and
to state whether particular matters have come to my attention.
Basis of inde
endent
examiner's statement
My examination was carried out in accordance with general
Directions given by the Charity Commission. An examination
includes a review of the accounting records kept by the Charitable
Incorporated Organisation and a comparison of the accounts
presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts and seeking
explanations from the Trustees concerning any such matters. The
procedures undertaken do not provide all the evidence that would
be required in an audit, and consequently no opinion is given as to
whether the accounts present a 'true and fair, view and the report
is limited to those matters set out in the statement below.
Inde
endent exan7iner's
staten7ent
In connection with my examination, no matter has come to my
attention-
(1) which gives me reasonable cause to believe that in any
material respect the requirements..
to keep accounting records in accordance with section
130 of the Charities Act.,
to prepare accounts which accord with the accounting
records and comply with the accounting requirements of
the Charities Act
have not been met., or
(2) to which, in my opinion, attention should be drawn in order to
enable a proper understanding of the accounts to be reached.
Name:
Ying Huang
Relevant professional qualification or body.. ACCA
Address.. c/0 LCVS 151 Dale Street. L2 2AH
Dated..
29 January 2026
DF051AE92EBDIB6

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025
Notes Unrestricted Restricted
Funds
Funds
2025
2025
Total
Funds
2025
Total
Funds
2024
Income and Endowments
from
Donations and legacies
Charitable activities
Other trading activities
10,739
14,104
7,129
10,739
14,104
7,129
10,109
12,992
6,581
3b
3c
Total income
31,972
31,972
29,682
Expenditure on
Charitable activities
30,290
903
31,193
36,442
Total expenditure
30,290
903
31,193
36,442
Net incomel{expenditure),
net movement in funds
1,682
(903)
779
(6,760)
Total funds brought
forward
9, 11
21,738
4,025
25,763
32,523
Total funds carried
forward
9, 11
23,420
3,122
26,542
25,763
The notes on pages 8 to 15 form part of these accounts.
All the above amounts relate to continuing activities of the Charitable Incorporated
Organisation.

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
BALANCE SHEET AS AT 31ST MARCH 2025
Notes
31st March 2025
31st March 2024
Fixed assets
Tangible fixed assets
Right of use asset
4,710
6,010
1,356
4,710
7,366
Current assets
Debtors
Cash at bank and in hand
23,934
20,442
23,934
20,442
Current liabilities
Creditors.. amounts falling
due within one year
(2,102)
(2.045)
Net current assets
21,832
18,397
Total assets less current
liabilities
26,542
25.763
Funds:
Unrestricted funds
Restricted funds
9,10
9,11
23,420
3,122
21,738
4,025
26,542
25,763
29 January 2026
Approved by Trustees on .
Docu8b3Mdty'.
Èh(
JSSC28È&B62147
Hilton, Trustee

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
1. Limited Liability
The charity is a Charitable Incorporated Organisation limited by guarantee. Each
member's liability is limited to £10.
2. Accounting Policies
Basis of Accounting
The financial ststements have been prepared in accordance with the Statement of
Recommended Practi￿. Accounting and Reporting by Charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS102) (SORP 20191 (effective 1st January 2019) and Charities Act 2011.
The financial statements are prepared in sterling, which is the functional currency of the
Charitable Incorporated Organisation. Monetary amounts in these financial statements
are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention with
items recognised at cost or transaction value unless otherwise stated in the relevant
note(s) to these accounts.
The Charitable Incorporated Organisation has taken advantage of the provisions in the
SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of
Cash Flows.
Going concem
At the time of approving the accounts, the Trustees have a reasonable expectation that
the Charitable Incorporated Organisation has adequate reserves to continue in
operational existence for the foreseeable future. The Trustees continue to adopt the going
concern basis of accounting in preparing the accounts.
Fund accounting
Unrestricted funds are the Charitable Incorporated Organisation, free reserves available
for the Trustees to apply in accordance with the Charitable Incorporated Organisation's
objectives.
Restricted funds are subject to specific restrictive conditions imposed by the donor. All
restricted funds are accounted for as restricted income and expenditure.
Income recognition
All income is recognised once the Charitable Incorporated Organisation has entitlement to
the income, there is sufficient certainty of receipt and so it is probable that the income will
be received, and the amount of income receivable can be measured reliably.
Donations and legacies comprise of donations which are recognised in the accounts when
received, with the ex￿ptIon of known legacies which are accounted for when their re￿Ipt
is certain.
Income from charitable activities is recognised on an accrual's basis except for grants
receivable, which are recognised on the date on which their unconditional payment is
confirmed by the donor.
Other Income relates to rental income and is recognised when the amount is certain.

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
Fixed Assets
Capital expenditure is stated in the balance sheet at cost less accumulated depreciation.
Depreciation is provided to write off the cost of each asset over its expected useful life as
below..
Catering Equipment
Right of use assets
Expenditure recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing
the Charitable Incorporated Organisation to that expenditure, it is probable that settlement
will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accrual's basis. All expenses, including support
costs and governance costs, are allocated or apportioned to the applicable expenditure
headings in the Statement of Financial Activities. Support and governance costs are
applied to unrestricted funds unless specifically included in the restrictions, as specified
by the donor.
Expenditure on charitable activities relate to the operation of the Charitable Incorporated
Organisation comprising of direct charitable expenditure to meet the objectives of the
Charitable Incorporated Organisation. Support and governance costs relate to the
management and operation of the organisation and also Complian￿ with constitutional
and statutory requirements in producing the annual report. These are dealt with in the
Statement of Financial Activities when payment has been approved by the Charitable
Incorporated Organisation.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other
short-term liquid investments with original maturities of three months or less, and bank
overdrafts.
20 % per annum reducing balance basis
Depreciated over the term of the lease
Financial instruments
The Charitable Incorporated Organisation has elected to apply the provisions of Section
11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of
FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charitable Incorporated Organisation's
balance sheet when the Charitable Incorporated Organisation becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial
statements, when there is a legally enfor￿able right to set off the recognised amounts
and there is an intention to settle on a net basis or to realise the asset and settle the
liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable
within one year are not amortised.

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the
debt instrument is measured at the present value of the future receipts discounted at a
market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest
rate method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charitable Incorporated Organisation's
contractual obligations expire or are discharged or cancelled.
Critical accounting estimates and judgements
In the application of the Charitable Incorporated Organisation's accounting policies, the
Trustees are required to make judgements, estimates and assumptions about the carrying
amount of assets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions
to accounting estimates are recognised in the year in which the estimate is revised where
the revision affects only that year, or in the year of the revision and future years where the
revision affects both current and future years.
All expenditure is accounted for on an accrual's basis. All expenses, including support
costs and governance costs, are allocated or apportioned to the applicable expenditure
headings in the Statement of Financial Activities. Support and governance costs are
applied to unrestricted funds unless specifically included in the restrictions, as specified
by the donor.
Cost of charitable activities relate to the operation of the Charitable Incorporated
Organisation comprising of direct charitable expenditure to meet the objectives of the
Charitable Incorporated Organisation. Support and governance costs relate to the
management and operation of the organisation and also compliance with constitutional
and statutory requirements in producing the annual report. These are dealt with in the
Slatement of Financial Activities when payment has been approved by the Charitable
Incorporated Organisation.
Taxation
Income and gains are exempt from taxation as they are received and applied for
charitable purposes only. The Charitable Incorporated Organisation benefits from various
exemptions from taxation afforded by tax legislation and is not liable to corporation tax on
income or gains falling within those exemptions. The Charitable Incorporated
Organisation is not able to recover Value Added Tax. Expenditure is recorded in the
accounts inclusive of VAT.
10

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
3. Income and endowments from:
Unrestricted
Funds
2025
Restricted
Funds
2025
Total
Funds
2025
Total
Funds
2024
a. Donations and legacies
Donations
10,739
10,739
10,109
Donations and legacies income for year end 2024 related wholly to unrestricted fund.
b. Charitable activities
Café Income
14,104
14,104
12.992
Charitable activities income for year end 2024 related wholly to unrestricted fund.
c. Other trading activities
Rental income
7,129
7.129
6,581
Other trading activities income for year end 2024 related wholly to unrestricted fund.
4. Expenditure on charitable
activities
Direct
Support &
charitsble Governance
Expenditure
Costs
Totsl
2025
Total
2024
Provision of facilities for training
and work experien￿ for Special
Educational Needs and
Disabilities under 25 years old
28,766
2,427
31,193
36,442
analysed as follows
2025
2024
Direct Charitable Expenditure..
Café expenses
Waste disposal and cleaning
Utilities
Propety repair and refurbishment
Equipment
Supported apprenticeship costs
Depreciation
Deprecation right of use
Loss on Disposal of fixed assets
11,965
893
5,120
2,619
22
5,491
1,177
1,356
123
12,071
999
6,480
1,409
243
2,746
1,503
8,135
28,766
33,586

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
2025
2024
Support and govemance costs..
Insurance
Gifts
Stationery & Postage
Student expenses
Travel expenses
Telephone and broadband
Sundry expenses
Accountancy
730
238
631
371
449
105
890
855
149
850
2,427
2,856
Total expenditure on charitable
activities
31,193
36,442
£903 (2024.. £1,006) of the above expenditure is restricted expenditure.
b. Staff Costs
There were no employees during the year up to 31st March 2025 and 31st March 2024.
The Trustees are not remunerated for their services and are not included in the above
number of employees.
No out-of-pocket expenses were reimbursed to Trustees during the year.
5. Tangible fixed assets
Catering
Equipment
Totsl
Cost
Balan￿ at 1$t April 2024
Disposals
23,813
(486)
23,813
{486)
Balance at 31st March 2025
23,327
23,327
Depreciation
Balance at 1st April 2024
Charge for the year
Disposals
17,803
1,177
(363)
17,803
1,177
(363)
Balance at 31st March 2025
18,617
18,617
Net book value at 31st March 2025
4,710
4,710
Net book value at 31st March 2024
6,010
6,010
12

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
6. Right of use assets
Building
Lease
Total
Cost
Balan￿ at 1st April 2024
Additions
40,675
40,675
Balan￿ at 31st March 2025
40,675
40,675
Depreciation
Balance at 1st April 2024
Charge for the year
39,319
1,356
39,319
8,135
Balance at 31st March 2025
40,675
39,319
Net book value at 31st March 2025
1,356
Net book value at 31st March 2024
1,356
1,356
The charity holds a peppercorn lease of a Lancashire Rose. This is a five-year lease with A
J Bell Trust dated 14th May 2019, this was renewed for 5 years in June 2025.
7. Debtors
8t
There were no debtors at 31 March 2025 (2024.. £Nil)
8. Creditors: amounts falling due within one year
2025
2024
Accruals
2,102
2,045
2,102
2,045
9. Analysis of net assets between funds
2025
Tangible
Fixed Assets
Net
Current
Assets
Total
Unrestricted Funds
General Fund
1,588
21,832
23,420
Restricted Funds
Liverpool City Council
3,122
3,122
Totals
4,710
21,832
26,542

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
2024
Right of Use
Tangible
Assets Fixed Assets
Net
Current
Assets
Total
Unrestricted Funds
General Fund
1,356
1,985
18,397
21,738
Restricted Funds
Liverpool City Council
4,025
4,025
Totals
1,356
6,010
18,397
25,763
10. Unrestricted Funds
Movements in the year
Income
Expenditure
2025
Reserves
at beginning
of year
Resenies
at end
of year
General Fund
21,738
31,972
(30,290
23,420
Movements in the year
Income
Expenditure
2024
Reserves
at beginning
of year
Reserves
at end
of year
General Fund
27,492
29,682
(35.436
21,738
General Fund is used to finance the Charitsble Incorporated Organisation general
activities and core costs as outlined in the Trustees, Report.
11. Restricted Funds
Movements in the Year
Income
Expenditure
2024
Reserves
at beginning
of year
Reserves
at end
of year
Liverpool City Council
4,025
(903)
3,122
4,025
(903
3,122
14

DoGUSign Envelope ID." 5433950CA35D.49F1_931C-F06957ACCF74
STUDENT FUTURES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
Movements in the Year
Income
Expenditure
2024
Reserves
at beginning
of year
Reserves
at end
of year
Liverpool City Council
5,031
(1,006)
4,025
5,031
(1,006
4,025
These are monies given to the Charitable Incorporated Organisation to be spent at the
discretion of the Board of Trustees for specific charitable purposes, as follows..
Liverpool City Council - Contribution towards catering equipment
12. Related Parties
Mark Hilton a trustee is also an unremunerated director of the main supplier Food for
Thought Merseyside Limited is a not for profit company limited by guarantee without share
capital for the value of £8,853 (2024: £9,470> (company number 05455926).