CHARITY REGISTRATION NUMBER: 1206886
Our Future
Unaudited Financial Statements 30 September 2025
SAMARA & CO
Chartered accountants 511 Kenton Lane Harrow Middlesex HA3 JW
Our Future
Financial Statements
Period from 01 October 2024 to 30 September 2025
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 7 |
| Statement of financial activities | 8 |
| Statement of financial position | 9 |
| Statement of cash flows | 10 |
| Notes to the financial statements | 11 |
Our Future
Trustees' Annual Report
Period from 1 October 2024 to 30 September 2025
The trustees present their report and the unaudited financial statements of the charity for the period ended 30 September 2025.
Objects
The objects of the charity are to promote sustainable development for the benefit of the public, in particular but not exclusively in communities experiencing deprivation, by:
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the relief of poverty and the improvement of the conditions of life in those communities, in particular but not exclusively by providing local networking groups, workshops and events, financial support, arts based activities and support to improve wellbeing and encourage participation;
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the promotion of sustainable means of achieving economic growth and regeneration and improving of the natural and built environment in those communities; and
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raising public awareness in relation to sustainable development in post-industrial communities by promoting study and research in the subject and disseminating the results to the public at large.
For the purpose of the objects:
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"communities experiencing deprivation" means communities that are socially and economically disadvantaged, as indicated by them including wards in the top 25% of the English Index of Multiple Deprivation 2019, Welsh Index of Multiple Deprivation 2019 and any successor indices or equivalent indices in other geographic areas; and
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"sustainable development" means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.
Public benefit
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s objectives and aims and in planning future activities.
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Our Future
Trustees' Annual Report
Period from 1 October 2024 to 30 September 2025
Reference and administrative details
Registered charity name Our Future Charity registration number 1206886 Principal office 1st Floor 88 Baker Street London W1U 6TQ United Kingdom The trustees Mr J Perry Chair Dr M Osman Dr D Anderson Ms L Keijer-Palau Mr J Stockwood (Resigned 10 September 2025) Independent examiner Samara & Co 511 Kenton Lane Harrow Middlesex HA3 JW
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Our Future
Trustees' Annual Report (continued)
Period from 1 October 2024 to 30 September 2025
Structure, governance and management
Constitution
Our Future is a registered UK charity (no. 1206886) and a company limited by guarantee (no. 14831946). The charitable company is governed by its Memorandum and Articles of Association. Application of income by the charitable company is limited to the promotion of its objectives as outlined above.
Decisions are made by simple majority of votes cast at Trustees' meetings with quorum, or by unanimous agreement in writing.
Organisation
Trustees can be appointed by ordinary resolution of the members.
The trustees who served throughout the financial year were as follows:
Majdi Osman Derrick Anderson Lucia Keijer-Palau James Perry Jason Stockwood (resigned 10 September 2025)
Jason Stockwood served as trustee and Chair during the period of these accounts. He resigned as Chair on 22 November 2024 and as trustee on 10 September 2025. The trustees appointed James Perry as Chair effective as of 22 November 2024.
Key Management Personnel
The trustees consider that they comprise the key management personnel of the charity along with the Executive team which comprises:
Emily Bolton Chief Executive Officer Trupti Shah Chief Operating Officer Janette Powell Director of Operations
Remuneration of the Executive team is set by the board. Remuneration of other staff is set by the CEO and reviewed by the board.
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Our Future
Trustees' Annual Report (continued)
Period from 01 October 2024 to 30 September 2025
Objectives and activities
Our Future unlocks the power and potential of communities to build a flourishing future for themselves. We work primarily with communities experiencing deprivation - places often described as “left behind” but rich in ideas, skill and determination.
We bring together local leaders, civic entrepreneurs and residents to develop a shared vision for their hometowns, and we help connect that vision to the relationships, resources and funding needed to make it happen.
Our work operates at two levels:
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Local: supporting community changemakers to convene, connect, design and deliver their own plans for the future of their town.
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National: using what we learn locally to influence policy, shape funding approaches and strengthen the wider movement for citizen-led place-making.
In all that we do, we aim to:
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Build strong, trust-based relationships between communities, funders and local institutions;
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Help shift how resources flow, so that funding reaches local changemakers more directly;
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Create the conditions for local people to shape and lead change in their own communities; and
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• Share stories of progress and possibility to challenge narratives of decline.
Building on the foundations laid in our first year, this year we focused on deepening our model in Grimsby, while testing its adaptability and demand in other towns.
Activities, achievements and performance
North East Lincolnshire
Our work in Grimsby remained the heart of Our Future in 2024-25. Across the year we made progress on four interconnected fronts:
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Community planning in East Marsh: working alongside the Health and Care Partnership, North East Lincolnshire Council and East Marsh United, we co-funded and led the development of the East Marsh Community Plan, engaging 35 local organisations and approximately 120 residents. The plan was transitioned to community leadership by mid-2025 - as intended from the outset - with the Council and Health and Care Partnership remaining as partners. The Health and Care Partnership is now supporting community plans in at least three other wards, embedding a model seeded by Our Future.
-
Creating a long-term plan for the town: partnering with citizens and North East Lincolnshire Council on the Ministry for Housing, Communities and Local Government's Plan for Neighbourhoods policy, we launched Grimsby Together at Grimsby Town Hall on 30 June 2025, with over 90 people from across sectors attending. We recruited 80 local people through an open public process to join eight thematic working groups - covering areas from thriving business and town centre to arts and culture, green economy and secure homes. Each group met three times by September 2025, mapping activity, identifying barriers, finding quick wins and shaping how the fund can be used.
A working-group participant summed up the spirit of the work:
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“I felt like we made more progress in those two hours than we have in other forums that have been going on for years.”
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Building local identity and networks: a monthly newsletter, new social media channels and a digital activity map of Grimsby were launched to sustain community energy and shared purpose, alongside an online community of approximately 100 people sharing news and ideas. The Sidney Sussex Group of civic entrepreneurs continued to develop, with members
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Our Future
Trustees' Annual Report (continued)
Period from 01 October 2024 to 30 September 2025
reporting greater confidence and stronger connections. By mid-2025 the group had broadened its membership to attract a more diverse range of leaders, and quarterly changemaker lunches were established.
- Designing a fund for the town: working with people from across Grimsby, we began developing an independent delivery vehicle that is for and by the town - one designed to operate beyond any single government policy, retain wealth locally and attract further investment. Establishing the fund will be a priority in 2025–26.
This year’s focus in Grimsby was about moving from vision to delivery - supporting working groups, enabling early projects to take root, and building the foundations for long-term community-led change.
Rochdale
In spring 2025 we were invited by local partners and the owners of Rochdale AFC to explore how Our Future’s model might support citizen-led regeneration in Rochdale.
Between April and September 2025, we:
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Met with over 75 local stakeholders, including council and health leaders, community organisations, business owners and the Rochdale Development Agency.
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Hosted community pop-ups to hear directly from residents about their hopes for the town.
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Piloted the Our Future Diagnostic Tool to help community members identify strengths, gaps and opportunities for collaboration.
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Partnered with Rochdale AFC, the Ogden Trust and Rochdale AFC Community Trust to launch the For Generations to Come platform and events - raising the profile of civic collaboration and generating local excitement.
Through this early work, we have begun to build shared language and purpose with local partners. The groundwork has been laid for deeper collaboration in the coming year.
Wrexham
Our involvement in Wrexham began in early 2025, following an invitation from a locally led group seeking to apply Our Future’s approach. During this period, we:
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Focused on listening, learning and mapping the existing ecosystem of community groups and local institutions;
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Supported local partners around the design of the Plan for Neighbourhoods funding;
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Facilitated government and stakeholder visits to showcase the energy in the town; and
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Began scoping a potential Wrexham Wins network - connecting the Wrexham diaspora interested in contributing skills, networks and investment back to their home community.
Our Future’s role in Wrexham concluded in September 2025.
National and Policy Impact
Our third annual Open House was held in November 2024. It brought civic entrepreneurs from Wrexham, Rochdale and Sunderland to Grimsby as well as national stakeholders. Visitors were struck by the momentum and sense of hope in the town.
Our learning in Grimsby and beyond continued to inform national policy discussions about regeneration and community power. We organised for Minister Georgia Gould to visit Grimsby to see the change underway. We were also invited by the Department for Levelling Up, Housing and Communities (DLUHC) to share our ethos and approach at the Plan for Neighbourhoods Conference in July 2025, where officials referenced Our Future’s influence on emerging policy design. Within a month, one council reported adopting several of our methods in their own neighbourhood-planning process.
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Our Future
Trustees' Annual Report (continued)
Period from 01 October 2024 to 30 September 2025
We have also been approached by other towns and regions keen to adapt our model. While we are exploring these opportunities, we are doing so carefully, ensuring any new work is locally invited and adequately resourced.
Financial review
A summary of the year's results can be found on page 8 of the attached financial statements.
Our second year of operation saw continued growth and careful financial management. Income was derived primarily from charitable trusts and foundations.
Our operating model remains intentionally lean, with a core team supported by expert associates and the generous contribution of partners providing office and event space.
The financial statements for the year show total income of £617,681, expenditure of £550,127. The charity has ended the year with £278,720 of total funds carried over. This is funding secured for our third year of operations. The charity will need to fundraise further to cover the third year’s costs.
Reserves policy
As this is Our Future's second operational year, the charity continues to work building up its reserves.
The trustees' policy is to ensure that the charity holds, at all times, at least three months of core operating costs in committed unrestricted funding - providing sufficient runway to meet obligations. The charity holds no free reserves in the conventional sense. Unrestricted funds represent grant income already secured and budgeted for year 3 operations. The charity does not hold a separate cash reserve and relies on proactive fundraising to maintain adequate runway. At 30 September 2025, the three-month threshold was met. Trustees keep the reserves policy under review and intend to build a free reserve as the charity's income base matures.
Thank you
We are deeply grateful to the individuals, partners and funders who have made our work possible this year - through grants, pro-bono support, office space or simply by showing up with their time and ideas.
Our thanks go to:
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Unrestricted funders: Segelman Trust, This Day Foundation, DC Foundation, Treebeard Trust, Wates Family Enterprise Trust, Esmée Fairbairn Foundation and Dulverton Trust.
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Restricted project funders: The Ogden Trust, the UK Shared Prosperity Fund via North East Lincolnshire Council, Mercers Charitable Trust, North East Lincolnshire Health and Care Partnership, Humber & North Yorkshire ICB, and others.
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Support and advice: Gowling WLG, The Henry Smith Foundation, Greenwood Place, Grimsby Town Football Club, The Relationships Project, Rochdale AFC and UCL Policy Lab.
Above all, we thank the hundreds of residents and local leaders across Grimsby, Wrexham and Rochdale who are showing what’s possible when communities lead the change.
The trustees' annual report was approved on 19 June 2026 and signed on behalf of the board of trustees by:
James Perry Chair
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Our Future
Independent Examiner's Report to the Trustees of Our Future
Period from 01 October 2024 to 30 September 2025
I report to the trustees on my examination of the financial statements of Our Future ('the charity') for the period ended 30 September 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Independent Examiner
511 Kenton Lane Harrow Middlesex HA3 JW
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Our Future
Statement of Financial Activities
Period from 01 October 2024 to 30 September 2025
| Period from | |||||
|---|---|---|---|---|---|
| 27 Apr 23 to | |||||
| Year | to 30 Sep 25 | 30 Sep 24 | |||
| Unrestricted | Restricted | ||||
| funds | fundsTotal funds | Total funds | |||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 438,993 | 175,380 | 614,373 | 663,293 |
| Investment income | 5 | 3,308 | – | 3,308 | 3,933 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 442,301 | 175,380 | 617,681 | 667,226 | |
| ================================ | ================================ | ================================ | ================================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 | 382,406 | 167,720 | 550,127 | 456,061 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 382,406 | 167,720 | 550,127 | 456,061 | |
| ================================ | ================================ | ================================ | ================================ | ||
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net income and net movement in | funds | 59,895 | 7,660 | 67,554 | 211,165 |
| ================================ | ================================ | ================================ | ================================ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 210,573 | 592 | 211,165 | – | |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 270,468 ================================ |
8,252 ================================ |
278,720 ================================ |
211,165 ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 12 to 17 form part of these financial statements.
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Our Future
Statement of Financial Position
| 30 September 2025 | 30 September 2025 | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 11 | 2,851 | 2,130 | |
| Current assets | ||||
| Debtors | 12 | 61,453 | 38,230 | |
| Cash at bank and in hand | 471,912 | 311,663 | ||
| -------------------------------- | -------------------------------- | |||
| 533,365 | 349,893 | |||
| Creditors: amounts falling due within one year | 13 | 257,496 | 140,858 | |
| -------------------------------- | -------------------------------- | |||
| Net current assets | 275,869 | 209,035 | ||
| -------------------------------- | -------------------------------- | |||
| Total assets less current liabilities | 278,720 | 211,165 | ||
| -------------------------------- | -------------------------------- | |||
| Net assets | 278,720 | 211,165 | ||
| ================================ | ================================ | |||
| Funds of the charity | ||||
| Restricted funds | 8,252 | 592 | ||
| Unrestricted funds | 270,468 | 210,573 | ||
| -------------------------------- | -------------------------------- | |||
| Total charity funds | 15 | 278,720 ================================ |
211,165 ================================ |
These financial statements were approved by the board of trustees and authorised for issue on 19 June 2026, and are signed on behalf of the board by: James Perry, Chair
The notes on pages 12 to 17 form part of these financial statements.
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Our Future
Statement of Cash Flows
Period from 01 October 2024 to 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 67,554 | 211,165 |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 886 | 492 |
| Other interest receivable and similar income | (3,308) | (3,933) |
| Interest payable and similar charges | 317 | 260 |
| Accrued expenses | 133,093 | 95,907 |
| Changes in: | ||
| Trade and other debtors | (23,223) | (38,230) |
| Trade and other creditors | (16,455) | 44,951 |
| -------------------------------- | -------------------------------- | |
| Cash generated from operations | 158,864 | 310,612 |
| Interest paid | (317) | (260) |
| Interest received | 3,308 | 3,933 |
| -------------------------------- | -------------------------------- | |
| Net cash from operating activities | 161,855 | 314,285 |
| ================================ | ================================ | |
| Cash flows from investing activities | ||
| Purchase of tangible assets | (1,606) | (2,622) |
| -------------------------------- | -------------------------------- | |
| Net cash used in investing activities | (1,606) | (2,622) |
| ================================ | ================================ | |
| Net increase in cash and cash equivalents | 160,249 | 311,663 |
| Cash and cash equivalents at beginning of year | 311,663 | – |
| -------------------------------- | -------------------------------- | |
| Cash and cash equivalents at end of year | 471,912 | 311,663 |
| ================================ | ================================ |
The notes on pages 12 to 17 form part of these financial statements.
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Our Future
Notes to the Financial Statements
Period from 01 October 2024 to 30 September 2025
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is a company limited by guarantee. The address of the principal office is 1[st] Floor, 88 Baker Street, London, W1U 6TQ, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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Our Future
Notes to the Financial Statements (continued)
Period from 01 October 2024 to 30 September 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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Our Future
Notes to the Financial Statements (continued)
Period from 01 October 2024 to 30 September 2025
3. Accounting policies (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
- 25% straight line
4. Donations
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Charitable Donations & services | 425,314 | 175,380 | 600,694 |
| Donated Goods Services | 13,679 | – | 13,679 |
| -------------------------------- | ---------------------------- | -------------------------------- | |
| 438,993 | 175,380 | 614,373 | |
| ================================ | ============================ | ================================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Charitable Donations & services | 504,871 | 77,165 | 582,036 |
| Donated Goods Services | 81,257 | – | 81,257 |
| -------------------------------- | ---------------------------- | -------------------------------- | |
| 586,128 | 77,165 | 663,293 | |
| ================================ | ============================ | ================================ |
Charitable donation includes income for services provided.
The donated goods and services consisted of (1) legal services by Gowling WLG LLP and (2) free room hire for events and meetings at Grimsby Football Club.
Grimsby Town Football Club is co-owned by Jason Stockwood, former trustee of the charity. The football club provides complimentary room hire.
5. Investment income
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Bank interest receivable | 3,308 | 3,308 | 3,933 | 3,933 |
| ======================= | ======================= | ======================= | ======================= |
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Our Future
Notes to the Financial Statements (continued)
Period from 01 October 2024 to 30 September 2025
6. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Charitable Activity | 365,400 | 167,720 | 533,120 |
| Support costs | 17,006 | – | 17,006 |
| -------------------------------- | -------------------------------- | -------------------------------- | |
| 382,406 | 167,720 | 550,126 | |
| ================================ | ================================ | ================================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Charitable Activity | 351,162 | 76,573 | 427,735 |
| Support costs | 28,326 | – | 28,326 |
| -------------------------------- | ---------------------------- | -------------------------------- | |
| 379,488 | 76,573 | 456,061 | |
| ================================ | ============================ | ================================ |
7. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Charitable Activity | 533,120 | – | 533,120 | 427,735 |
| Governance costs | – | 17,006 | 17,006 | 28,326 |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | |
| 533,120 | 17,006 | 550,126 | 456,061 | |
| ================================ | ============================ | ================================ | ================================ | |
| Net income | ||||
| Net income is stated after charging/(crediting): | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 886 ============== |
492 ============== |
8. Net income
Net income is stated after charging/(crediting):
9. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| Period from | ||
|---|---|---|
| Year to | 27 Apr 23 to | |
| 30 Sep 25 | 30 Sep 24 | |
| £ | £ | |
| Wages and salaries | 224,763 | 169,757 |
| Social security costs | 18,745 | 9,496 |
| Employer contributions to pension plans | 22,476 | 15,485 |
| -------------------------------- | -------------------------------- | |
| 265,984 | 194,738 |
The average head count of employees during the year was 4 (2024: 3).
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Our Future
Notes to the Financial Statements (continued)
Period from 01 October 2024 to 30 September 2025
The following number of employees received employee benefits (excluding employer pension costs and employers’ national insurance) during the year between:
| Period | Period | Period | Period | ||
|---|---|---|---|---|---|
| from | from | ||||
| 01 Oct | 24 | 27 Apr | 23 | ||
| to | to | ||||
| 30 Sep | 25 | 30 Sep | 24 | ||
| £ | £ | ||||
| £30,000 | - £39,999 | 1 | 1 | ||
| £40,000 | - £49,999 | 1 | - | ||
| £50,000 | - £59,999 | 1 | 1 | ||
| £60,000 | - £69,999 | ||||
| - | - | ||||
| £70,000 | - £79,999 | ||||
| - | - | ||||
| £80,000 | - £89,999 | 1 | 1 | ||
| ================================ | ================================ |
10. Trustee remuneration and expenses
-
During the year, no Trustees received any remuneration.
-
During the year, no Trustees received any benefits in kind.
-
During the year, no Trustees received any reimbursement of expenses.
11. Tangible fixed assets
| Equipment | Total | |
|---|---|---|
| £ | £ | |
| Cost | ||
| At 01 October 2024 | 2,622 | 2,622 |
| Additions | 1,607 | 1,607 |
| ----------------------- | ----------------------- | |
| At 30 September 2025 | 4,229 | 4,229 |
| ======================= | ======================= | |
| Depreciation | ||
| At 01 October 2024 | 492 | 492 |
| Charge for the period | 886 | 886 |
| ----------------------- | ----------------------- | |
| At 30 September 2025 | 1,378 | 1,378 |
| ======================= | ======================= | |
| Carrying amount | ||
| At 30 September 2025 | 2,851 | 2,851 |
| ======================= | ======================= | |
| At 30 September 2024 | 2,130 | 2,130 |
| ======================= | ======================= | |
| Debtors | ||
| 2025 | 2024 | |
| £ | £ | |
| Trade debtors | 59,571 | 22,500 |
| Prepayments and accrued income | 1,882 | 15,730 |
| ---------------------------- | ---------------------------- | |
| 61,453 | 38,230 | |
| ============================ | ============================ |
12. Debtors
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Our Future
Notes to the Financial Statements (continued)
Period from 01 October 2024 to 30 September 2025
13. Creditors: amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 9,254 | 23,272 |
| Accruals and deferred income | 229,000 | 95,907 |
| Social security and other taxes | 19,242 | 21,679 |
| -------------------------------- | -------------------------------- | |
| 257,496 ================================ |
140,858 ================================ |
14. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £22,476 (2024: £15,485).
15. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||||
|---|---|---|---|---|---|---|---|---|
| At | At | |||||||
| 1 | October | 20 | 30 Septemb | |||||
| 24 | Income | Expenditure | er 2025 | |||||
| £ | £ | £ | £ | |||||
| General funds | 210,573 | 442,301 | (382,406) | 270,468 |
||||
| ================================ | ================================ | ================================ | ================================ | |||||
| At | ||||||||
| At | 30 Septembe | |||||||
| 27 April 2023 | Income | Expenditure | r 2024 | |||||
| £ | £ | £ | £ | |||||
| General funds | – | 590,061 | (379,488) | 210,573 |
||||
| ============== | ================================ | ================================ | ================================ | |||||
| Restricted funds | ||||||||
| At | At | |||||||
| 1 | October | 20 | 30 Septemb | |||||
| 24 | Income | Expenditure | er 2025 | |||||
| £ | £ | £ | £ | |||||
| Restricted Fund | 592 | 175,380 | (167,720) | 8,252 |
||||
| ============== | ================================ | ================================ | ======================= | |||||
| At | ||||||||
| At | 30 Septembe | |||||||
| 27 April 2023 | Income | Expenditure | r 2024 | |||||
| £ | £ | £ | £ | |||||
| Restricted Fund | – | 77,165 | (76,573) | 592 |
||||
| ============== | ============================ | ============================ | ============== | |||||
| 16. | Analysis of changes in net debt | |||||||
| At | ||||||||
| At | 1 Oct 2024 | Cash flows | 30 Sep 2025 | |||||
| £ | £ | £ | ||||||
| Cash at bank and in hand | 311,663 | 160,249 | 471,912 | |||||
| ================================ | ================================ | ================================ |
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