ALTERNATIVE FUTURES GROUP LIMITED

Charity Number: 1008587
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The charity operates in the North West of England and provides services for people with disabilities including adults with severe and enduring mental health problems, learning disabilities, autism, complex needs and dementia.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£72,405,000

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Donations and legacies £0
Charitable activities £71.86m
Other trading activities £0
Investments £549.00k
Other £0

Total expenditure:
£67,956,000

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Raising funds £0
Charitable activities £67.96m
Other £0

£669,000 investments gains (losses)

Total income includes £71,856,000 from 18 government contract(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £67.96m
Retained for future use £4.45m

People

1563 Employee(s)

11 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 7
£80k to £90k 2
£130k to £140k 4
£150k to £200k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity for being a trustee.

What, who, how, where

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • Accommodation/housing
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Throughout England

Governance

Registration history:
  • 21 February 1992: Standard registration
Organisation type:
Charitable company
Other names:
  • ALTERNATIVE FUTURES LIMITED (Previous name)
Company number:
02679915 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Care Quality Commission
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Brian Martin walsh Chair 01 November 2021
None on record
Andrew Kerr Trustee 23 January 2025
PLATFORM FOR LIFE
Received: On time
Dr Tessa Sharon Myatt Trustee 30 October 2024
None on record
Lee Mooney Trustee 19 February 2024
CHAPTER (WEST CHESHIRE) LTD
Received: On time
Jean Henderson Trustee 19 February 2024
None on record
Louise Marsden Trustee 29 April 2022
None on record
Beatrice Udeh Trustee 29 April 2022
None on record
John McLuckie Trustee 09 February 2022
None on record
Alex Fox Trustee 10 November 2021
None on record
Janet Wilkinson Trustee 19 January 2018
None on record
Jane Macdonald Trustee 19 January 2018
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £60.81m £59.95m £61.35m £65.44m £72.41m
Total expenditure £62.57m £57.97m £59.62m £60.93m £67.96m
Income from government contracts £60.65m £59.16m £60.10m £65.23m £71.86m
Income from government grants N/A £704.00k £1.16m N/A N/A
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £60.65m £59.16m £60.10m £65.23m £71.86m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £155.00k £91.00k £91.00k £208.00k £549.00k
Income - Other £0 £704.00k £1.16m £7.00k £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £62.52m £57.93m £59.62m £60.93m £67.96m
Expenditure - Raising funds £50.00k £40.00k £0 £0 £0
Expenditure - Governance £124.84k £142.14k £0 £142.14k £142.14k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £18.58m £12.50m £10.26m £10.10m £9.49m
Long-term investments £4.01m £9.84m £13.49m £13.24m £13.90m
Other assets £9.03m £9.39m £10.24m £13.31m £17.73m
Defined benefit pension scheme asset or liability £0 £0 £330.00k £106.00k £17.00k
Total liabilities £8.03m £6.93m £7.26m £5.63m £5.16m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 30 January 2025 On Time
Accounts and TAR 31 March 2024 30 January 2025 On Time Download Open in new window
Annual return 31 March 2023 30 January 2024 On Time
Accounts and TAR 31 March 2023 30 January 2024 On Time Download Open in new window
Annual return 31 March 2022 31 January 2023 On Time
Accounts and TAR 31 March 2022 31 January 2023 On Time Download Open in new window
Annual return 31 March 2021 31 January 2022 On Time
Accounts and TAR 31 March 2021 31 January 2022 On Time Download Open in new window
Annual return 31 March 2020 31 January 2021 On Time
Accounts and TAR 31 March 2020 31 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 22/01/1992 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 03/09/2002 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 30/06/2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 01/09/2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15/06/2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 25/02/2012 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 23/04/2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 28/04/2014 as amended on 18 Nov 2020 as amended on 09 Feb 2022

Charitable objects

THE RELIEF OF PEOPLE WHO ARE IN NEED BY REASON OF ANY DISABILITY ARISING FROM ANY PHYSICAL OR MENTAL STATE, AGE, ACCIDENT OR AS A RESULT OF ANY DISEASE OR INFECTION OR WITH LEARNING DISABILITIES, MENTAL HEALTH AND ANY OTHER SPECIAL NEEDS, AND TO RELIEVE THE STRESSES AND FINANCIAL NEEDS EXPERIENCED BY THEIR FAMILIES AND CARERS THROUGH, BUT NOT LIMITED TO, THE PROVISION OF ACCOMMODATION, SUPPORT AND EDUCATION AND TRAINING.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
6th Floor
4 St Paul's Square
Liverpool
L3 9SJ
Phone:
01514895501
Email:
ask@afgroup.org.uk
Website:

www.afgroup.org.uk Open in new window