ALTERNATIVE FUTURES GROUP LIMITED

Company number

02679915

Status

Active

Incorporation

1992-01-22

Last accounts made up

2025-03-31

Account category

GROUP

Primary SIC

86101

Hubs

UK Healthcare

Accounting basis

FRS 102

Reporting scope

Consolidated (group)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are confident the Charity has sufficient cash and liquid investments to continue its operational activities for the foreseeable future. Therefore, the Trustees continue to adopt the Going Concern basis of accounting in preparing the financial statements.”

Subsidiaries

• Red Hazels Developments Limited · 100% held · England · Property development

Significant events

• “General Election in July 2024 resulted in a change of government, bringing renewed attention to public services, including social care.”
• “From April 2025, implemented a new RLW rate of £12.60 per hour.”
• “Launched a new Quality Assurance Framework and Co-Production Strategy.”
• “Made significant strides with Environmental, Social and Governance (ESG) agenda and digital transformation gained momentum.”
• “Achieved Great Place To Work accreditation.”
• “Board composition evolved during the year, with new Trustees welcomed.”
• “Launched a salary advance scheme in partnership with Salary Finance.”
• “Formed collaboration with HSBC to support colleagues' financial wellbeing and introduced a new discount and benefits platform.”
• “Transitioned from the Employee Partnership Forum to establish the 'Every Person Matters' forum.”
• “Increased EDI declaration rates by over 65% and developed an Equality Impact Assessment (EIA) for all people policies.”
• “Commissioned an external Social Value consultancy to improve approach to social value.”
• “Submitted Energy Saving Obligation Scheme (ESOS) Phase 3 Action Plan to the Environment Agency.”
• “Engaged services of a third party to establish carbon baseline and develop carbon reduction plans and targets.”
• “Launched AFG Live, an internal communications broadcast.”
• “Adopted a carbon reduction target of 46 tCO2e by 2045.”
• “Received several awards in the year including a Third Sector award for Financial Excellence.”
• “Implemented MyEcosystems technology in homes to improve independence, choice and control.”
• “Completed phase 1 development of new care management system (Digital Support Record or DSR).”
• “Group has conducted a tender process for the appointment of auditors and has decided to appoint a different auditor for the financial accounting period that will end in March 2026.”
• “Red Hazels Developments Limited, a wholly owned subsidiary of Alternative Futures Group Limited, is now used exclusively as a vehicle through which property will be acquired.”
• “As at 31 March 2025, the Board approved £2.0m of funding from Alternative Futures Group Limited to Red Hazels Developments Limited. Further funding of £0.5m and £1.25m was approved by the Board (21st May 2025 and 19th November 2025 respectively).”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers