Building Communities from the Ground Up
Foundation for the Future
Trustees Annual Report 1[st] April 2024 – 31[st] March 2025.
The Trustees of the Foundation for the Future Charity present their annual report and audited accounts for the year ended 31 March 2025 and confirm they comply with the requirements of the Charities Act 2011.
Foundation for the Future – Annual Report
Reporting period: 1 April 2024 – 31 March 2025
1. Our Aims
Foundation for the Future, an Incorporated Charitable Organisation (ICO), was established to support and advance the prevention or relief of poverty for individuals and communities. We do this by providing opportunities, grants and resources targeted at those most vulnerable, helping to improve their life chances both now and in the future.
This report outlines the charity’s objectives, activities, governance and financial management for the period 1 April 2024 to 31 March 2025.
2. Our Objectives
The charitable objectives of Foundation for the Future, for the public benefit, are:
a. To advance in life and support young people aged up to 30 through the provision of activities and opportunities—including overseas volunteering —that develop their skills, capacities and capabilities, enabling them to participate in society as mature and responsible individuals.
b. To prevent or relieve poverty anywhere in the world by providing, or assisting in the provision of, education, training, work placements and the necessary support to enable individuals to generate a sustainable income and become self-sufficient.
3. Financial Review
Foundation for the Future gained charitable status in September 2019. Due to the impact of the COVID-19 pandemic and associated lockdowns, the charity did not become fully operational until 2022.
At the start of the 2024/25 financial year, the charity held £52,485.00 in reserves. The charity received no income during this reporting period, and all activity was funded from existing reserves.
Total expenditure for the year amounted to £37,023.80 , leaving a closing balance of £15,461.20 to carry forward into the 2025/26 financial year.
Expenditure during the year supported:
-
Overseas placements for 18 participants , including 3 Team Leaders
-
A Health and Safety site visit to Romania for two representatives
-
Advance purchase of flights for 16 participants scheduled to travel in 2025/26
4. Activities and Achievements
Between April 2024 and March 2025, the charity continued to meet regularly. Noel Sharpe remained in post as Chair of the Board of Trustees.
Through Foundation for the Future funding, 18 individuals from disadvantaged backgrounds accessed UK-based training and undertook work placements in Romania and Hungary. Participants worked with charitable organisations in host communities, contributing to social, educational and community-development projects.
Placement Overview
| Participants | Placement Date & Focus |
Host Organisation / Country |
UK Training Provided |
|---|---|---|---|
| 6 | May 2024– Supporting Roma families to access improved housing, utilities, services and education (2-week placement) |
FAST, Săcele, Brașov, Romania |
Pre- and post-placement training including cultural awareness, basic language skills, team working, group dynamics, social media, fnances and budgeting; post-placement presentationskills |
| 6 | July 2024– Working in an orphanage and school to repair and refurbish buildings; supporting children and young people; assisting with outdoor food-growing |
Oltalom, Budapest, Hungary |
As above |
projects (2-week placement) 6 September FAST, Săcele, As above 2024 – Brașov, Supporting Romania construction of a new community centre for the Roma community, including plastering, brickwork and pipework (2-week placement)
Grant Support
Each participant received a grant of £1,500.00 , which covered:
-
Accommodation
-
Breakfast and lunch during the placement
-
Flights
-
UK and overseas transfers and transport
-
Pre-placement and post-placement training
After these costs were met, participants received the remaining balance— on average £450.00 —via a travel MasterCard. Variations occurred due to exchange rates and flight costs.
Impact Statement
Participants frequently describe their overseas placements as transformative, both personally and professionally. Many report that the experience of working within different cultures and communities has helped them to see situations from new perspectives and to better understand the challenges faced by others. This shift in outlook is often accompanied by significant personal growth, including increased confidence, improved self-esteem and the development of new practical and interpersonal skills.
One participant reflected,
“I didn’t realise how much I would learn about myself. Being in a completely different environment made me see things differently and appreciate what other people go through.”
Another commented,
“I came back feeling like a stronger version of myself. I proved I could cope, adapt and contribute.”
Participants also consistently highlight the skills they gained through the structured training and hands-on work. As one young person shared,
“I’ve never worked in a team like that before. I learned how to communicate better and stay calm when things got challenging.”
These reflections demonstrate the lasting value of the Foundation’s work. The placements not only support communities overseas but also equip participants with the confidence, resilience and skills that will benefit them long after their placement has ended.
5. Plans for the Future
In 2025/26, Foundation for the Future intends to continue fully subsidising its charitable activities to ensure that as many people as possible can benefit from these opportunities.
Our priorities for the coming year include:
-
Expanding our programme of vocational training for people from disadvantaged neighbourhoods
-
Continuing to provide educational support for individuals preparing for placements
-
Supporting up to 20 participants to undertake placements in Romania or Hungary
-
Managing all aspects of placement delivery and post-placement development
-
Strengthening our marketing and communications strategy
-
Developing additional funding streams to support the long-term sustainability of the charity
6. Structure, Governance and Management
Foundation for the Future is a Charitable Incorporated Organisation (CIO) governed by its constitution. The charity is led by a Board of Trustees, who provide strategic direction, leadership and oversight. The CIO permits a maximum of 12 trustees; during this reporting period, the Board comprised seven trustees.
Trustees
-
Noel Claire Sharpe (Chair)
-
Charlotte Norman
-
Dave Bagley
-
Vanessa Toni Barlow
-
Atanu Kumar Bhattacherjee
-
Dawn Yates OBE
-
Sue Sutton
Contact Person
Shauna Morton Email: shauna.morton@boltonathome.org.uk
Registered Address
Foundation for the Future, Valley House, 98 Waters Meeting Road, Bolton. BL1 8SW, Greater Manchester, United Kingdom.
This is a true representation of the operation of the Foundation for the Future 01/04/2024- 31/03/2025.
Signed
Noel Sharpe (Chair Person)
Signature _ __ Date. __25/01/2026______
Foundation for the Future
No (if any) 1185521
Receipts and payments accounts
Period start date
Period end date 31.03.2025
For the period from 01.04.2024
To
CC16a
Section A Receipts and payments
Unrestricted Restricted Endowment funds funds funds
Total funds Last year
| Section A Receipts and payments Unrestricted funds |
Section A Receipts and payments Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year |
|---|---|---|---|---|---|
| A1 Receipts - - - - - - - - - to the nearest £ Sub total(Gross income for AR) |
to the nearest £ - - - - - - - - - |
to the nearest £ | to the nearest £ - - - - - - - - - |
to the nearest £ | |
| - | - | - - - - - - - - - |
- | 1,985 | |
| - | - | - | 5,000 | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| Sub total(Gross income for AR) | - |
- | - | 6,985 | |
| - - Sub total - Total receipts - A2 Asset and investment sales, (see table). |
- - - - |
- - - - |
|||
| - - - |
- | ||||
| - | - | ||||
| - | - | ||||
| - | - | - | 6,985 |
| A2 Asset and investment sales, | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| (see table). | |||||||||||
| - | - | - | - | ||||||||
| - | - | - | - | - | |||||||
| Sub total | - | - | - | - | - | ||||||
| Total receipts | - | - | - | - | 6,985 |
| A3 Payments Individual Grants - Operatingbudget - - - - - - - - Sub total - - - Sub total - Total payments - Net of receipts/(payments) - A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end - A4 Asset and investment purchases,(see table) |
35,518 1,506 - - - - - - - 37,024 - - - 37,024 - 37,024 - 52,485 15,461 |
35,518 1,506 - - - - - - - 37,024 - - - 37,024 - 37,024 - 52,485 15,461 |
||
|---|---|---|---|---|
| - - - - - - - - - - |
35,518 | 4,500 | ||
| 1,506 | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 37,024 | 4,500 | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 37,024 | 4,500 | ||
| - 37,024 | - - - - |
- 37,024 | 2,485 | |
| - | - | - | ||
| 52,485 | 52,485 | 50,000 | ||
| 15,461 | 15,461 | 52,485 |
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ - 15,461 - - - - - 15,461 OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Noel Sharpe Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Noel Sharpe | 1/24/2026 | ||
Foundation for the Future
Charity Number 1185521
| Income | Supplier/Allocaton | ||
|---|---|---|---|
| £0.00 |
| Budget | Supplier/Allocaton |
|---|---|
| Individual Grants | Travel Councillors |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Budget | Travel Councillors |
| Individual Grants | Travel Councillors |
| Individual Grants | Cash |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Budget | Post Ofce |
| Individual Grants | Impulso Fashion Hotel |
| Budget | METRO Bank |
| Individual Grants | FAST |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Budget | METRO Bank |
| Individual Grants | Oltalom Karitatv Egyesulet |
| Individual Grants | Travel Councillors |
| Budget | Travel Councillors |
| Individual Grants | Travel Councillors |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Individual Grants | Post Ofce |
| Budget | Post Ofce |
| Individual Grants | Cash |
| Individual Grants | Post Ofce |
| Individual Grants | Travel Councillors |
| Individual Grants | FAST |
|---|---|
| Budget | METRO Bank |
| Individual Grants | Travel Councillors |
| Individual Grants | Travel Councillors |
| Budget | METRO Bank |
| Individual Grants | MMG Hotels Budapest |
Budget Amount
£52,485.00
| Total £52,485.00 |
Total £52,485.00 |
|---|---|
| Descripton Amount |
|
| £0.00 |
| Descripton | Amount |
|---|---|
| Flights for sixpartcipants to Romania | £1,853.88 |
| Master Card for Expenses for eachpartcipant. | £450.05 |
| Master Card for Expenses for eachpartcipant. | £450.05 |
| Master Card for Expenses for eachpartcipant. | £450.05 |
| Cost for name change on fights | £118.15 |
| Flights for sixpartcipants to Hungary | £2,178.00 |
| Payment for return transfers to Airport for 6people | £220.00 |
| Master Card for Expenses for eachpartcipant. | £449.63 |
| Master Card for Expenses for eachpartcipant. | £449.63 |
| Master Card for Expenses for eachpartcipant. | £449.63 |
| Team Leader Expenses in Romania | £995.54 |
| Accomodaton costs Hungary | £3,399.08 |
| Outwardpayment charge(FAST) | £0.20 |
| Accomodaton costs Romania(FAST) | £3,793.80 |
| Master Card for Expenses for eachpartcipant. | £443.12 |
| Master Card for Expenses for eachpartcipant. | £443.12 |
| Master Card for Expenses for eachpartcipant. | £443.12 |
| Master Card for Expenses for eachpartcipant. | £443.12 |
| Master Card for Expenses for eachpartcipant. | £443.12 |
| Master Card for Expenses for eachpartcipant. | £443.12 |
| Outwardpayment charge(Oltalom) | £0.20 |
| Cateringservice | £682.33 |
| Accomodaton fights H&S visit | £819.34 |
| ParkingCharges H&S visit | £115.96 |
| Flights forpartcipants | £1,324.90 |
| Master Card for Expenses for eachpartcipant. | £484.85 |
| Master Card for Expenses for eachpartcipant. | £484.85 |
| Master Card for Expenses for eachpartcipant. | £484.85 |
| Master Card for Expenses for eachpartcipant. | £484.85 |
| Master Card for Expenses for eachpartcipant. | £484.85 |
| Team Leader Expenses in Romania | £275.48 |
| Payment for return transfers to Airport for 6people | £110.00 |
| Master Card for Expenses for eachpartcipant. | £483.07 |
| Additonal Flight | £267.98 |
| Accomodaton(Sept trip) | £3,728.64 |
|---|---|
| Outwardpayment charge | £0.20 |
| Flights forpartcipants 7(Romania May25) | £2,191.09 |
| Flights forpartcipants 9(HungaryJune 25) | £3,635.55 |
| Outwardpayment charge MMG Hotels | £0.20 |
| Accomodaton forpartcipants in Hungary | £3,048.20 |
| Total(£) | £37,023.80 |
| Budget under spend(£)£15,461.20 |
1st April 2024 - 31st March 2025
| Date Receipt Paid |
Date Receipt Paid |
Date Receipt Paid |
|---|---|---|
| 20.03.2023 |
| Date | Receipt | Paid |
|---|---|---|
| 02.04.2024 | Received | 02.04.2024 |
| 13.05.2024 | Received | 13.05.2024 |
| 13.05.2024 | Received | 13.05.2024 |
| 13.05.2024 | Received | 13.05.2024 |
| 14.05.2024 | Received | 14.05.2024 |
| 14.05.2024 | Received | 14.05.2024 |
| 14.05.2024 | Received | 14.05.2024 |
| 15.05.2024 | Received | 15.05.2024 |
| 15.05.2024 | Received | 15.05.2024 |
| 15.05.2024 | Received | 15.05.2024 |
| 15.305.2024 | Received | 15.305.2024 |
| 03.06.2024 | Received | 03.06.2024 |
| 03.06.2024 | Received | 03.06.2024 |
| 03.06.2024 | Received | 03.06.2024 |
| 20.06.2024 | Received | 20.06.2024 |
| 20.06.2024 | Received | 20.06.2024 |
| 20.06.2025 | Received | 20.06.2025 |
| 20.06.2026 | Received | 20.06.2026 |
| 20.06.2027 | Received | 20.06.2027 |
| 20.06.2028 | Received | 20.06.2028 |
| 15.07.2024 | Received | 15.07.2024 |
| 15.07.2024 | Received | 15.07.2024 |
| 25.07.2024 | Received | 25.07.2024 |
| 30.07.2024 | Received | 30.07.2024 |
| 30.07.2024 | Received | 30.07.2024 |
| 29.08.2024 | Received | 29.08.2024 |
| 29.08.2025 | Received | 29.08.2025 |
| 29.08.2026 | Received | 29.08.2026 |
| 29.08.2027 | Received | 29.08.2027 |
| 29.08.2028 | Received | 29.08.2028 |
| 29.08.2028 | Received | 29.08.2028 |
| 29.08.2029 | Received | 29.08.2029 |
| 30.08.2024 | Received | 30.08.2024 |
| 03.09.2024 | Received | 03.09.2024 |
| 11.10.2024 | Received | 11.10.2024 |
|---|---|---|
| 11.10.2024 | Received | 11.10.2024 |
| 18.03.2025 | Received | 18.03.2025 |
| 25.03.2025 | Received | 25.03.2025 |
| 26.03.2025 | Received | 26.03.2025 |
| 26.03.2025 | Received | 26.03.2025 |