for the Period Ended 31 March 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2025
Directors
The directors shown below have held office during the whole of the period from
1 April 2024
to
31 March 2025
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
|
|
£ |
£ |
| Turnover: |
|
|
| Cost of sales: |
(
|
(
|
| Gross profit(or loss): |
|
|
| Administrative expenses: |
(
|
(
|
| Operating profit(or loss): |
|
( |
| Interest receivable and similar income: |
|
|
| Profit(or loss) before tax: |
|
( |
| Profit(or loss) for the financial year: |
|
( |
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Tangible assets: | 3 |
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 4 |
(
|
(
|
| Net current assets (liabilities): |
|
|
|
| Total assets less current liabilities: |
|
|
|
| Creditors: amounts falling due after more than one year: | 5 |
(
|
(
|
| Accruals and deferred income: |
(
|
(
|
|
| Total net assets (liabilities): |
|
|
|
| Members' funds | |||
| Profit and loss account: |
|
|
|
| Total members' funds: |
|
|
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2025
Basis of measurement and preparation
for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 March 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 April 2024 |
|
|
|
|||
| Additions | ||||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 March 2025 |
|
|
|
|||
| Depreciation | ||||||
| At 1 April 2024 |
|
|
|
|||
| Charge for year |
|
|
|
|||
| On disposals | ||||||
| Other adjustments | ||||||
| At 31 March 2025 |
|
|
|
|||
| Net book value | ||||||
| At 31 March 2025 |
|
|
|
|||
| At 31 March 2024 |
|
|
|
for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
|
| Taxation and social security |
|
|
| Other creditors |
|
|
| Total |
|
|
for the Period Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
|
| Total |
|
|
Foundation Futures CIC is a specialist teaching service which designs, develops and delivers learning programmes for young people at high risk of being excluded or who are already excluded from mainstream North East Schools. During our financial year 2024/2025, we continued to implement our 2020-2024 Strategic Development plan with the core values of providing safe places and safe faces to transform lives. We also began the process of establishing a new strategic plan for the 2025 - 2029 period. We operate a policy of unconditional positive regard for the young people we work with and strive to develop their skills to refocus their minds to what they can do, instead of what they can’t. Our work has specifically benefited the following: - Building Foundations: Up to 4 groups of students predominantly from North Tyneside schools in this financial year, plus a limited number of students falling within the Newcastle schools system. There are up to 9 students in each group aged 11 years to 16 years. Some of these young people are at risk of exclusion from mainstream education or are in some way struggling with full time mainstream education. - These programmes included groups of 8 or 9 young people and typically lasted for 12 weeks (although some students were ‘rolled over’ to the next 12 weeks of the programme if their school and the young person felt this to be beneficial). Students attending these sessions do so for one day per week and spend 4 days in mainstream education. These students are typically younger (aged 11 - 15 years). The focus of this programme has been to improve their coping skills, reduce anxiety, and equip them with tools to deal with difficult emotions which may lead to disruptive or self destructive behaviours. Attendance averaged 90.1% across all groups. The feedback received from the young people themselves, their schools and parents/caregivers has all been very positive. - ThisLife - this is a programme of delivery within individual schools working with groups of girls, typically in Years 8 and 9, (ages 12 to 14 years), struggling with relationships (both in and outside of school). Each programme consisted of in-school group and individual mentoring sessions. The attendance, response of the young girls and the feedback from the schools have all been excellent for this intervention programme. The Foundation Futures This Life programme has operated for 3 full days per week in school for the majority of the financial year (dropping to 2 days in 2025). - Y9 Transition programme - this programme was requested in response to our other Building Foundations programmes. This programme operates one day per week and works with young people in Year 9 who are struggling with the transition to High School in North Tyneside. This is a similar programme to Building Foundations, but it is a lighter touch intervention. Each cohort attends for one half term (usually 6 weeks) where they are involved in positive team building activities to improve their soft skills, increase their confidence and self esteem and reduce anxiety. This programme ended in July 2024 due to budget constraints. All of our community based young people and adult programmes are now run through our sister charity: Foundation Futures CIO charity no:1188809 We continue to develop our business partner network to include employers who are fully engaged with our programmes and ethos, and keen to support our students in a variety of ways, from delivering inspirational talks to taking part in community projects and work-based collaborative projects and experiences. All feedback has been very positive. We are now commissioned by two local authorities, in addition to 10 individual secondary and middle schools within North Tyneside and Newcastle. We are currently working to capacity. The financial year runs from 1/4/2024 - 31/3/2025 and aligns with our CIO financial year end. Directors emoluments (below) will cover the period 1/4/2024 - 31/3/2025.
The main stakeholders for Foundation Futures’ work are : - Vulnerable children and young people, their parents and carers - Local Education Authorities - Secondary Schools - Middle Schools - Academies and Trusts - Our Business and Community Partners The Directors of Foundation Futures consult schools and LEAs before, during and after each learning programme. Daily feedback reports are given to schools and end of programme celebrations are arranged to include the young people, their families and school/local authority representatives. All young people taking part are given opportunities on a regular basis for feedback and consultations. Sessions are held regularly to discuss informally what they have enjoyed, learnt and would like to explore in the future.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 May 2025
And signed on behalf of the board by:
Name: Tracy Dobson
Status: Director