DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
**Charity Registration No. 1068491**
**Company Registration No. 03510939 (England and Wales)**
# **INSPIRE COUNSELLING AND TRAINING LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 AUGUST 2020**
DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Mr G Parnell Mr N J Weaver Mr A C MacFarlane (Appointed 21 November 2019) A J Buchanan (Appointed 1 September 2020) Rev A W Forsdike (Appointed 26 November 2020)
**Charity number**
**Charity number** 1068491 **Company number** 03510939
**Registered office**
The Fletcher Centre 2 Cresent Road Ipswich UK IP1 2EX
## **Independent examiner**
LB Group Limited (Ipswich) 7 Hydra, Orion Court Addison Way Great Blakenham Ipswich Suffolk UK IP6 0LW
DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Statement of financial position|5|
|Notes to the financial statements|6 - 11|
DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
The Trustees present their report and financial statements for the year ended 31 August 2020.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)
## **Objectives and activities**
Inspire was established in 1992 and is dedicated to providing a caring and confidential counselling service to individuals and couples aged 18 years and over. Our counselling centre is run by Christians and all of our counsellors are professionally trained and supervised, offering a variety of counselling approaches. We have three employees. Our services are available to everyone regardless of gender, race, ethnicity, sexual orientation, ability or faith.
Inspire also offers a range of professional courses and non professional courses
- Non professional courses - workshops and teaching sessions for groups or teams covering a wide variety of subjects including listening skills, pastoral care, stress, anger, depression, grief, abuse, relationships, loss or bereavement.
- Professional Training - through an affiliation with Barnabas Counselling Training, Inspire provides training from foundation level through to diploma, the stage at which successful students become qualified to counsel, as well as a Diploma in Counselling Supervision.
Our professional courses are recognised and accredited by the Counselling and Psychotherapy Central Awarding Body.
Inspire's Vision: Inspire enables change and growth through counselling and training.
Inspire's Mission: Working with Church and community, we offer hope now and for the future. Whether through counselling or training, we provide an opportunity for you to gain new perspectives and to grow within a safe, accepting and professional relationship.
## **Achievements and performance**
## **Financial review**
The charity is holding approximately 1/3 of expenditure in liquid funds (after creditors). The trustees consider that the Charity's funds are sufficient, not excessive, to meet the costs of running the charities activities which continue to expand and to prudently retain reserves in accord with good governance policy and charity commission guidance.
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The Trustees meet formally every two to three months to consider the running of the charity, finance, counselling and training matters and future operations. In addition the Trustees meet informally and are in regular communication to exchange opinions and discuss charity activities.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mrs K Mills (Resigned 17 July 2020) Mr D McCahon (Resigned 31 August 2020) Mr G Parnell Mr A R Saggers (Resigned 31 August 2020) Dr J M Sheehan (Resigned 31 August 2020)
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## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
Mr N J Weaver Mr A C MacFarlane (Appointed 21 November 2019) A J Buchanan (Appointed 1 September 2020) Rev A W Forsdike (Appointed 26 November 2020)
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The company's current policy concerning the payment of trade creditors is to:
- settle the terms of payment with suppliers when agreeing the terms of each transaction;
- ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; and
- pay in accordance with the company's contractual and other legal obligations.
The Trustees r eport was approved by the Board of Trustees.
..............................
**Mr A C MacFarlane**
Trustee 27-05-21 Dated: .........................
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## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF INSPIRE COUNSELLING AND TRAINING LIMITED**
I report to the Trustees on my examination of the financial statements of Inspire Counselling and Training Limited (the charity) for the year ended 31 August 2020.
## **Responsibilities and basis of report**
As the Trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Christopher Annis, FCA LB Group Limited (Ipswich)
7 Hydra, Orion Court Addison Way Great Blakenham Ipswich Suffolk IP6 0LW UK
Dated: .........................
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DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
|**Unrestricted**
**funds**
**2020**
**Notes**
**£**
**Income from:**
Donations and legacies
**3**
18,655
Charitable activities
**4**
31,393
Investments
**5**
41
**Total income**
50,089
**Expenditure on:**
Charitable activities
**6**
50,648
**Net expenditure for the year/**
**Net movement in funds**
(559)
Fund balances at 1 September 2019
33,078
**Fund balances at 31 August 2020**
32,519|**Total**Unrestricted
funds
**2020**
2019
**£**
**£**
18,655
20,622
31,393
100,264
41
88
50,089
120,974
50,648
126,047
(559)
(5,073)
33,078
38,151
32,519
33,078|Total
2019
**£**
20,622
100,264
88
120,974
126,047
(5,073)
38,151
33,078|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **STATEMENT OF FINANCIAL POSITION**
## _**AS AT 31 AUGUST 2020**_
|**2020**
**Notes**
**£**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors
**11**
6,844
Cash at bank and in hand
42,500
49,344
**Creditors: amounts falling due within**
**one year**
**12**
(18,192)
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds|**2019**
**£**
**£**
1,367
2,477
39,710
42,187
(10,826)
31,152
32,519
32,519
32,519|**£**
1,717
31,361
33,078
33,078
33,078|
|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2020.
The director acknowledges his responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
27-05-21
The financial statements were approved by the Trustees on .........................
.............................. Mr A C MacFarlane **Trustee**
## **Company Registration No. 03510939**
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## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
## **1 Accounting policies**
## **Charity information**
Inspire Counselling and Training Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is The Fletcher Centre, 2 Cresent Road, Ipswich, IP1 2EX, UK.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.
## **1.2 Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Expenditure**
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure.
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## **INSPIRE COUNSELLING AND TRAINING LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
## **1 Accounting policies**
**(Continued)**
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computers & Furniture
20 % Reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
## **1 Accounting policies**
## **(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2020**|2019|
||**£**|£|
|Donations and gifts|18,655|20,622|
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DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
## **4 Charitable activities**
|||**2020**|
**2019**|
|---|---|---|---|
|||**£**|
**£**|
||Sales within charitable activities|31,393|
100,264|
|**5**|**Investments**|||
|||**Unrestricted**|Unrestricted|
|||**funds**|funds|
|||**2020**|2019|
|||**£**|£|
||Interest receivable|41|88|
|**6**|**Charitable activities**|||
|||**2020**|
**2019**|
|||**£**|
**£**|
||Staff costs|24,967|
46,373|
||Depreciation and impairment|351|
439|
||Training Costs|||
|||627|
53,012|
||Counselling costs|5,930|
7,493|
||Computer costs|670|
400|
||Insurance|1,122|
2,112|
||Marketing and Hospitality|990|
1,408|
||Office supplies|460|
372|
||Postage and delivery|250|
569|
||Printing and reproduction|357|
2,237|
||Refreshments|152|
318|
||Professional fees|6,479|
2,688|
||Rent|4,860|
5,130|
||Repairs|268|
652|
||Staff Training|-|
75|
||Sundry Expenses|2,151|
2,469|
|||49,634|
125,747|
||Share of support costs (see note 7)|1,014|
300|
|||50,648|
126,047|
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DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
## **7 Support costs**
|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Independent Exam Fee
1,014
-
1,014
-
Analysed between
Charitable activities
1,014
-|**2020**
**£**
1,014
1,014
1,014|2019
£
300
300
300|
|---|---|---|
## **8 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **9 Employees**
The average monthly number of employees during the year was:
||**2020**|**2019**|
|---|---|---|
||**Number**|**Number**|
||2|3|
|**Employment costs**|**2020**|**2019**|
||**£**|**£**|
|Wages and salaries|23,843|44,951|
|Other pension costs|1,124|1,422|
||24,967|46,373|
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DocuSign Envelope ID: 03AD2D7B-300A-49D8-A375-9D7C2FD43138
## **INSPIRE COUNSELLING AND TRAINING LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2020**_
## **10 Tangible fixed assets**
|**Cost**
At 1 September 2019
At 31 August 2020
**Depreciation and impairment**
At 1 September 2019
Depreciation charged in the year
At 31 August 2020
**Carrying amount**
At 31 August 2020
At 31 August 2019
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income|**Computers & Furniture**
**£**
5,720
5,720
4,002
351
4,353
1,367
1,717
**2020**
**2019**
**£**
**£**
2,569
-
3,372
1,601
903
876
6,844
2,477|
|---|---|
## **11 Debtors**
## **12 Creditors: amounts falling due within one year**
|Trade creditors
Accruals and deferred income|**2020**
**£**
17,116
1,076
18,192|**2019**
**£**
10,526
300
10,826|
|---|---|---|
## **13 Related party transactions**
There were no disclosable related party transactions during the year (2019 - none).
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