EDUCATION FUTURES TRUST

Charity Number: 1146171
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Support to children, young people and families in order to improve life chances; delivery of courses to children young people and vulnerable adults; expertise in outdoor learning; therapeutic work; development and delivery of innovative practice in education; sharing and promoting best practice in education and training. The Education Futures Trust works in Hastings, Rye and the surrounding area.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,032,354

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Donations and legacies £25.90k
Charitable activities £974.05k
Other trading activities £18.20k
Investments £14.21k
Other £0

Total expenditure:
£824,071

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Raising funds £0
Charitable activities £817.18k
Other £6.89k

£0 investments gains (losses)

Total income includes £58,937 from 1 government contract(s) and £484,089 from 1 government grant(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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £6.89k
Charitable expenditure £817.18k
Retained for future use £208.28k

People

30 Employee(s)

6 Trustee(s)

16 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any 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 Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Recreation
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Provides Human Resources
  • Provides Services
  • Other Charitable Activities
Where the charity operates:
  • East Sussex

Governance

Registration history:
  • 01 March 2012: Standard registration
  • 05 August 2022: Funds received from 1166044 IMAGINE NATION
Organisation type:
Charitable company
Other names:

No other names

Company number:
07852922 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
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
  • 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
  • Volunteer management
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

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Allison Mary Baines Chair 17 October 2013
None on record
Alexandra Reed Trustee 13 October 2022
None on record
Hannah Michelle Brookshaw Trustee 08 September 2022
None on record
Clive Scott Galbraith Trustee 13 November 2019
None on record
SIMON GEOFFREY HUBBARD Trustee 15 February 2012
None on record
STEPHEN JOHN MANWARING Trustee 15 February 2012
LIBERTY CHOIR UK
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 £840.45k £957.69k £848.06k £1.05m £1.03m
Total expenditure £785.81k £687.32k £792.77k £929.41k £824.07k
Income from government contracts £84.40k £126.71k £54.85k £60.86k £58.94k
Income from government grants £122.53k £169.19k £224.34k £519.39k £484.09k
Income - Donations and legacies £447 £40.25k £34.46k £32.24k £25.90k
Income - Other trading activities £18.11k £1.22k £58.79k £67.57k £18.20k
Income - Charitable activities £819.73k £832.05k £752.09k £940.55k £974.05k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £2.16k £916 £1.64k £4.95k £14.21k
Income - Other £0 £83.26k £1.08k £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £785.81k £687.32k £780.39k £915.86k £817.18k
Expenditure - Raising funds £0 £0 £12.38k £13.55k £0
Expenditure - Governance £4.78k £5.40k £7.02k £3.60k £14.40k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £6.89k

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 £459.36k £653.08k
Long-term investments £0 £0 £0 £0 £0
Other assets £631.94k £887.44k £1.05m £828.37k £648.07k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £33.28k £18.41k £125.29k £247.50k £52.63k

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 10 January 2025 On Time
Accounts and TAR 31 March 2024 10 January 2025 On Time Download Open in new window
Annual return 31 March 2023 31 January 2024 On Time
Accounts and TAR 31 March 2023 31 January 2024 On Time Download Open in new window
Annual return 31 March 2022 19 January 2023 On Time
Accounts and TAR 31 March 2022 19 January 2023 On Time Download Open in new window
Annual return 31 March 2021 26 January 2022 On Time
Accounts and TAR 31 March 2021 26 January 2022 On Time Download Open in new window
Annual return 31 March 2020 25 January 2021 On Time
Accounts and TAR 31 March 2020 25 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 11/11/2011

Charitable objects

TO ADVANCE EDUCATION, FOR THE PUBLIC BENEFIT IN HASTINGS AND RYE AND THE SURROUNDING AREA, BY SUCH CHARITABLE EDUCATIONAL ACTIVITIES AS THE TRUSTEES THINK FIT.

Area of benefit

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

HASTINGS AND RYE AND THE SURROUNDING AREA

Contact information

Address:
THE FIRS
ELPHINSTONE ROAD
HASTINGS
EAST SUSSEX
TN34 2AX
Phone:
01424722241
Email:
office@educationfuturestrust.org
Website:

www.educationfuturestrust.org Open in new window