CLARION FUTURES

Charity number: 1135056
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The objects of the Charity are to develop the capacity and skills of the members of any socially and economically disadvantaged community so that they are better able to participate more fully in society; the prevention or relief of poverty or financial hardship and to promote social inclusion for the public benefit by preventing people from becoming socially excluded.

Income and expenditure

Data for financial year ending 31 March 2024

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.

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout England

Governance

Registration history:
  • 22 March 2010: Standard registration
Organisation type:
Charitable company
Other names:
  • AFFINITY SUTTON COMMUNITY FOUNDATION (Previous name)
  • AFFINITY SUTTON FOUNDATION (Previous name)
Company number:
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity does not own and/or lease 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

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Lord Gavin Laurence Barwell Chair 26 January 2022
THE BARRATT DEVELOPMENTS PLC CHARITABLE FOUNDATION
Received: On time
Richard Towes Trustee 01 September 2024
NEWTON-LE-WILLOWS FAMILY AND COMMUNITY ASSOCIATION
Received: On time
Niomi Gibson Trustee 01 September 2024
None on record
Karima Fahmy Trustee 01 February 2023
GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY
Received: On time
David John Ball Trustee 22 June 2018
HERTS YOUNG HOMELESS GROUP
Received: On time

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 £6.91m £5.41m £6.62m £26.01m £13.53m
Total expenditure £16.40m £13.68m £15.99m £15.80m £16.52m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £1.26m £1.94m £1.67m £1.30m £692.00k
Income - Donations and legacies £3.93m £2.16m £2.16m £13.51m £3.88m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £2.08m £2.69m £4.07m £2.97m £3.40m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £900.00k £556.00k £401.00k £9.49m £6.26m
Income - Other £0 £0 £0 £38.00k £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £16.40m £13.66m £15.98m £15.80m £16.52m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £679.00k £928.00k £1.11m £1.09m £1.26m
Expenditure - Grants institution £836.00k £960.00k £991.00k £734.00k £707.00k
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £2.00k £21.00k £9.00k £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 £0 £0 £0 £0 £0
Long-term investments £36.81m £27.01m £18.00m £30.56m £25.78m
Other assets £1.72m £2.71m £3.12m £1.59m £1.65m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £7.89m £7.35m £8.12m £8.94m £7.21m

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 12 November 2024 On Time
Accounts and TAR 31 March 2024 12 November 2024 On Time Download Open in new window
Annual return 31 March 2023 10 January 2024 On Time
Accounts and TAR 31 March 2023 10 January 2024 On Time Download Open in new window
Annual return 31 March 2022 30 November 2022 On Time
Accounts and TAR 31 March 2022 30 November 2022 On Time Download Open in new window
Annual return 31 March 2021 18 November 2021 On Time
Accounts and TAR 31 March 2021 18 November 2021 On Time Download Open in new window
Annual return 31 March 2020 11 January 2021 On Time
Accounts and TAR 31 March 2020 11 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
5th Floor
Greater London House
Hampstead Road
London
Phone:
07800 861595