REGISTERED COMPANY NUMBER: 04343347 (England and Wales)
REGISTERED CHARITY NUMBER: 1093653
GROUP REPORT OF THE TRUSTEES AND
cot4SOUDATED FINANaAL sfATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021
INSPIREALL LEISURE AND FAMILY SUPPORT SERVI
(A COMPANY UMITED BY GUARANTEE).
Wags LLP tla Wagstaffs
Chartered Accountants and Statutory Auditors
R￿hM0nd House
Walkern Road
Stevenage
Hertfordshire
SGI 3QP
*AaY2AFC*
11112r2021
COMPANIES HOUSE
A13
12S8

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
CONTENTS OF THE CON50UDATED FINANaAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021
Page
Reference aml Admlnistrative Detsits
Report of the Trustees
2 to 13
Report of the Independent Audltors
14 to 17
Consolidated Statement of Hnancsal Artivltles
18
Consolidated Statement of Financial Posltlon
19 to 20
Charlty Statement of Financlal Position
21 to 22
Consolidated Statement of Cash Flows
23
Nrtes to the Consolidated Statement of Cash Nows
24
Notes to the Consolidated Financial Ststements
25 to 41

INSPIREALL iEISURE AND FAMILY SUPPORT SERVICES
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31ST MARCH 2021
TrUSTEES
C N Warne- Chairnian
M F Bamett {resigned 01/￿121)
M Gibson
A R Jacobson
AJ Keating
K J O'malley (resigned 011041211
Ratcliffe (resigned 011051201
A M Sinclair
STQWilliams
REGISTERED OFFICE
The Venue
Elstree Way
Borehamwood
Hertfordshire
WD6 IJY
REGISTERED COMPANY NUM8Efl 04343347 IEn8land and Wolesl
REGISTERED CHARITY NUMBEI 1093653
AUDITORS
Wags ILP Va Wagstaffs
Chartered Accountant5 and statutory Auditors
Richmond House
Walkern Road
Stevenage
Hertfordshire
SGI 3QP
CHIEF EXECUTIVE
R W Allan (appointed 011061211
D Brame Iresgned 311051211
Page I

INSWREALL LEISURE AMO FAMILY SUPPORT SERVICES
GROUP REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31sr MARCH 2021
The Tmstee5. who are also directors of the Charity for the purposes of the Companies Art 21X)6. present
their report with the financial statements of the group for the year ended 31st March 2021. The Trustees
have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial ReportinE
Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectwe l January 20191.
OBJEcfivES AND AcrivmES
Policies and objedives
The principal activities are those encompassed within the Memorandum of Association. which principally
involve managing leisure and family sUPPOrt centre5.
InSpi￿All Leisure & Family Support SeNices IlnspireAIII exists to promote and preseThe 8ood health,
wellbeing and more active lifestyles for the communities it serves. Specifically, it provides leisure services
to the residents of Hertsmere IHBCI and Milton Keynes IMKCI. In additK)n. through contracts with
Hertfordshire County Council IHCCI, the Charity provides famify centre services to the boroughs and
districts of Hertsmere. Three Rivers. St Albans, Warford and Dacorum. This entails being the lead agency in
supporting work with children aged pre-birth to 11 years old in these areas and requires the provision of
staff and expertise.
The leisure sertor is highly competitive. with budget gyms at one end of the price spertrum and expensive
sports clubs at the other. InspireAII's role in thi5 sertor is to delNer services on behalf of Local Authoritie5
and, as such, seek to appeal to as wide a spectrum of customers as possible. InspireAII therefore operate
pricing policy that makes the facilities accessible yet generates sufficient surplus to allow investment in
keeping facilities and equipment up-to-date. In addition, InspireAII operates a concessionary pricing policy
to encourage disadvantaged sertion5 of the community to participate, with each site offering a programme
of activity to support specialist group5 to encourage them to make use of the facilities.
Who used and beneffted from our servlces
The leisure side of the business rnanaEes four major leisu￿ centres. plus community centres, pavilions and
a theatre. The facilities are used by individuals, groups and clubs, with a wide range of activities on offer
that allow individuals of all ages to participate at the level and intensity that Suits their personal need and
ability. Every centre is open to all, either on a membership or "pay-as-you-go" basis and a concessionary
priting scheme is operated within each contract to encourage participation and, whenever possible,
remove barriers to followirE a healthy lifestyle.
The provision of Fami￿ Support Ser¥ices, on behalf of Hertfordshire County Council, has grown to become
a significant part of the business. The current six-year contrart, which commented on 1st O¢tober 2018.
sees InspireAII managing 35 Famity Centres in the borough5 of Hertsmere. Dacorum. Watford, Three Rivers,
and St Albans. In these areas. the aim is to establish contact with every new parent and offer them a range
of 5ervices- advice, classes, one-to-one assistance - that Can help them with parenting. a55iSt them to lead
healthy lives, give children the best start in life and allow them to reach their full potential. The service
unifies family centre staff, health visitors and school nursing under a single umbrella, offering a joined-up
service that allows easy access.
Page 2

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
GROUP REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH ZOZI
Public Benefrt
The Board of Trustees confirm that they have complied with the duties of Section 1715) of the Charities Act
2011 to have due regard to the Charity Comrni55ion's general guidance on public benefrt.
InspireAII has referred to the Charity Commission's Eeneral guidance on public benefit when reviewing its
aims and objectives and in planning its future artivities.
STRATEGIC REPORT
Achlevement and perfomunce
Review of actfvltles
The year ending March 2021 has been uniquely challenging, with all leisure facilities instrurted to close on
23 March 2020 due to the COVID-19 pandemic. The vital V￿rk done by the Family SeThices business
continued. but under s18nificant￿ changed circumstances.
Survival became the name of the game. With dates for reffjpening uncertain, the leisure facilities were put
into "hibernation" in a state that would allow re-opening as quickly as possible, with health and safety
consideration5 paramount. Positive discussions were held with Hertsmere Borough Council and Milton
Keynes Council to secure relevant funding and paymeni holidays. whilst other funds. Such as the Cultural
Recovery Fund, were successfully accessed. Extensive use was made of the Coronavirus Job Retention
Scheme I"furlough"l.
The leisure business had to adapt quickly and develop services in new a￿3$ such as outdoor group exercise
and online virtual classes. many of which have continued post the COVID lotkdown. but for m05t leisure
customers the facilities effectively c105ed. InSpi￿All was pleased that some of the facilities were able to act
a5 COVID te5tin8 and vaccination centres.
The funding for Family SeNices remained in place. but this part of the Charity had to change to delivering
its services on-line. from I￿rne. nece55itating a rapid learning curve for many in the business. The staff rose
to the challenge magnificently. delNering courses and consultations via their newly acquired laptops.
Page 3

INSPIREALL LEISURE AND FAMILY SUPPORT SERVI
GROUP REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2021
Contrart revlews
Hertsmere Borou8h Coun¢il Contract (HBC)
The year should have seen InspireAII start to reap the benefrts of the major investment programme
undertaken over the previous two financial year5. Instead, wtth COVIO striking, attention had to be focused on
keeping costs to a minimum. accessing whatever COVID funding was available and ne8Otiating a new schedule
for the repayment of the interest and loans related to the investment programme.
The HBC sites closed in March 2020. with the exception5 of the Day Nurseries. which remained open
throughout. In the first lockdown, staff initialty focused on customer communications. contacting members
and hirers to reassure them that their bookings and memberships would be treated fairly. Credtts were
produced for the majority of customers. with some refunds. Pay-as-you-80 memberships were extended for
the Same length as the facilities were closed, monthly memberships and swimming le55on5 were paused and
periods of credits were calculated and applied. rickets for shows were either ￿-bOoked or refunded.
After this initial phase of activity. all but a small core of staff V￿re placed on fudough through the first and
subsequent lockdowns. Facilities were put in a lOW-￿Wer state. with daily buildin8 checks completed on
the larger facilities that h•d swimming pools and three per week on the smaller, non-pool facilities. Some
Small facility use was allowed for supporting food distribution and providing facilitie5 for pop-up testing
site5.
Leading up to the reopening at the end of July 2020, the facilities were made COVID secure. with one-way
systems, screens and diSinfect￿n measures. Staff were retrained and welcomed back in the week prior to
reopening. The initial reopening was steady. wtth significantly reduted footfall, but was well received by
returning customers. Reduced maximurn capacities were implemented and booking systems were put
place. as per government and 5POrt5 bodies. guidance. SeNices like the "Health Hub" and "Get ArtNe"
programmes V￿re operated remotely.
Throughout the pandemic, the activit￿$ and facilities were managed according to the relevant government
advice of the time. Each artwity wa5 risk asse55ed based on the relevant guidance for the facility type and
the specific industry guidance for the attivities.
The autumn lock-down replicated the same process of closing. inforniing customers and furlough. During
this period, the introdurtion of the Legend booking System was completed. with staff trainin8 in time for
the winter re-opening. Working collaboratively with Stevenage Leisure Ltd. a new Health and Safety policy
framework was also introduced.
From October 2020 to March 2021. Wyllyotts Theatre was the beneficiary of a successful Cultural Recovery
Fund bid, securing £306k which was used to upgrade parts of the facility. in particular the ventilation, to
retain staff talent and offer a limited programme of entertainment when legally allowed. This funding
precluded Wyllyotts, staff from being furfoughed and they tumed their hands to completing the
redecoration of the facility.
Page 4

INSPIREALL LEISURE AND FAMILY SUPPORT SERVI￿5
GROUP REPORT OF THE TRUSTEES
FOR ThE YEAR ENDED 31ST MARCH 2021 .
The early December reopening of leisure facilities wa5 complicated by a rapid move of Hertsmere through
different COVID alert leve15. With varying restrictions on the actNities allowed io operate. A responstve
programme allowed facilities to remain open through this period. An improved di8ltal fitness option was
available for customer5 and artiNYtie5 like the Christma5 Window Di5play5 provided some customer
engagement.
During December, the National Leisure Recovery Fund and a second round of the Cultural Recovery Fund
were announced and applied for. Working with HBC. £198k wa5 Secured for the three leisure centre5 and
£129k additional funding secured for Wyllyotts for the first quarter of 2021-22 financial year. Smaller, but
significant. local restrictions funding was applied for throughout the lockdowns through HBC.
In January. H8C formally approved a package of measures to ensure InspireAII's solvency, comprlsing:
Extension of the Leisure Services Contract by five years to 31 January 2032.
Recovery of the 2020121 management fee from the governmenvs irrecoverable loss of income xheme.
Deferring the mana8ement fee due in 2021122 and recoverin8 this through a re-ne8Otiated management
fee over the extended contract period.
Deferring the development loan repayments {principal and interest) for the 2020121 and 202U22
financial years.
InspireAII to take ￿SpOnsIbl11ty for the costs a5XlCiated with the interim management of Bushey
Community Centre.
Through January to March 2021, facilitie5 Within the contrart were used as COVID testing locations on a
regular basis, to support HertfOrdshI￿ County Council. During this period. re-opening plans were completed
based on the 8overnmenVs Sprin8 Road Map. with outdoor actNates returning in a limited capacity. such as
paddle tennis. Pltch bookings and a park events Easter E88 Hunt.
Mitton Keynes Clwncll Contrart {MKCI
As with the HBC contract, the leisure facilities were dosed for all but a few weeks in the trading year. MKC
agreed to pay the management fee in advance. ensuring suitable cashflow to maintain operations for this
financial year.
For the majority of the year Stes remained closed, excluding the sites that are home for the three pre-
schools running within the MK contract. Football academies returned slightly ahead of the other services as
essential business was released from full lockdown restrictions. The first period of lockdown was extremèlv
Intense and largely dominated by governance. health and safety and restriction changes. at what felt like.
dailv.
Communication to the team was highly prioritised to ensure contact. engagement and ensure their wellbeing
was cared for. The team were sent Sufficient resources to support them, along with opportunity to train and
develop as lockdown continues. Training included 3 new Covid and longcovid training opportunity to allow a
large number of the team to engage, support and prescribe exercise for those either rehabilitating from
recent Covid or those with lon8lovid.
Page 5

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
GROUP REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2021
The sltes. although exlremely quiet. were managed by a specific team who carried out Statutory and
compliance safety checks. Redecoration across the whole estate was also completed and improvements to
the pool plant as well as a new CHP. all took place during the periods of closure.
Funding and grant opplications continue to support the income Kisses incurred. Although a far stretch from
what was actually needed, £170k was received from the National Leisure Recovery Fund and other small
grants.
Hertfordshire County Coun¢il Family Support Services Contrart
2020121 was a challenging year for both the Family Support Service and InspireAII Nurseries due to the
pandemic and the ever<hanging situation. In line with Government guidelines. the Family Support se￿iCe
continued to provide key support to local families throughout the year. Due to the restrictions. the majority
of Family Support staff worked from home. Their much-valued support was initially provided virtually or via
the phone. Prompt action was taken to transfer key parenting 5UPPOrt Sessions into an online offer. Due to
the necessity for home workin& InspireAII invested resources into providing staff with appropriate IT
equipment and mobile phones.
Throughout the year. Hertfordshire County Council conlinued to. undertake their quarterty Contrart
Monitoring meeting5. InspireAII was able to demonstrate a wide range of innovative approaches to
adapting service delivery to the new operating environment. The increased use of social media was key.
with regular Facebook and Instagram Live sessions running for parent5 of young children to access. as well
as the use of Zoom and MS Teams to deliver a wide range of parenting courses.
During the year. Hertfordshire County Council requested a change in the focus of the Family Support
Services. thi5 invofved scaling down the vniversal offer to all families in order to increase resources for
more targeted seThices to support families with emer8in8 and more complex needs. These needs included
speech and language delay. concerns with parents. mental health, increased levels of domestic abuse and
children falling behind in reathing their developmental milestones. InspireAII ensured that delivery staff
received appropriate additional training where required. whilst regular support from their line managers
and colleagues was provided to try and mitigate the stresses of the more complex work and potential
feelings of isolation due to horne working. In addition. a regular wellbeing newsletter was developed with
contributions from across the teams and staff consultations were undertaken periodically to understand
how the organi5ation coukl support the staff further. with appropriate Steps Put in Pla￿ to respond to '
these needs.
As the year progressed. key services were able to be delivered face-to-fate from Family Centres. In order
that families and staff where protected. comprehensive hea￿h and safety risk a55essment5 were
undertaken and continually reviewed. When the vaccines became available. Hertfordshire County Council
prioritised Family Support staff to receNe them. for which staff were very grateful.
Pa8e 6

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
GROUP REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2021
In line with Government directives. Furzefield Nursery closed between April and June 2020. The Nursery at
the BECC remained open, providin8 care to vulnerable children and children of key workers. As the year
progre55ed, both nurseries where able to offer their services to all their families. InspireAII developed a
comprehensive programme of risk assessments to ensure children. their parents and staff were reassured
and protected and that the nurseries could both function well. 80th nurseries ended the year with strong
occupancy levels, despite the challenges faced.
Financial review
Flnancial posltion
The results for the year a￿ set out in the financial stalements.
Totsl income, before interest on the defined benefit pension scheme was £8,914.28512020: £17,833,4961.
The deficit for the financial year. before ihe pension adjustment. was £2.187.58612020: £31,681 deficit).
The pension adjustment was a deficit of £1.191,1)XI12020: £1,031.ID)I, which resulted in an adverse net
movement in funds of £1,174,(NXJ12020.. £1.046,6811.
Principal funding sources
In the leisure sector. the main source of income derives from the individual customer5 that are attracted to
and use the facilities. in competititin with other frtnes5 and leisure businesses. In a "normal" year.
membership income derived from the gym. fitness classes and swimming is the key income sour￿, but
with the pandemic impacting so dramatically. the Charity depended heavity on using the furbugh scheme
and securing significant grant money. as described previously in the Contract Review sections of this report.
Milton Keyne5 Council paid a £313k annual managernent fee for the day-to-day running of Several
community facilitie5.
Hertsmere BC provided the loan, on commercial tern)s. for the programme of investment undertaken over
the previou5 two years. Repayments a￿ being rescheduled as part of the Choritys COVID recovery plan.
The Family Support Serrfices busine55 15 wholly funded by Hertfordshire County Council. under a six-year
contract secured following a competitNe tenderin8 process.
InspireAII doe5 noi undertake general fundraising activities on its own behalf and does not employ
professional fund-raisers or commercial participators. As a consequence. InspireAII was not subject to an
undertaking to be bound by any voluntary or statutory schemes for regulating or monitoring fundraising.
Page 7

INSHREALL LEISURE AND FAMILY SUPPORT SERVICES
GROUP REPORT OF ThE TRUSTEES
FOR ThE YEAR ENDED 31ST MARCH 2021
Flnancial review
ReseThes policy
At the end of the financial year. the Trust held negative unre5trirted reserve5 (excluding retirement benefrt
obligationsl of £598,282 12020: positive reserves of £1,534,5071 and a cash balance of £2,283,969 {2020.'
£1,850,114). The current deficit ￿sItion 15 a direct impact of the COVID-19 pandemic. As the business
continues to rebuild and stabilise. the aim is to fully recover the deficit over the next i to 2 years and
maintain a level of between £5(h)K and Elm moving forward.
The defined benefrt pension fund obligation is monitored closety but is not seen as an immediate threat to
the day-to-day business of the Trust.
Golnz concern
After making appropriate enquiries. the Trustees have a rea9)nable expectation that the company has
adequate resources to continue to operate for the foreseeable future. For this reason, they continue to
adopt the going concern basis in preparing the financial statements. Further detsils regarding the adoption
of the going concern basis can be found in the Accounting Policie5.
Principal risks and uncertainties
In a highly competitive marketplace. InspireAII needed to invest a substantial sum in upgrading its kev
facilities. There was a high degree of confidence that this investment would pay off, but the risk clearly
existed that this might not be the case.
The initial signs were encouragin& bLrt the COVID lockdown Stalled the initial momentum. However.
worthwhile discussions took place with both our Local Authority le4SUfe clients that significantly relieved
the pressure on the business. Most importantly. Hertsmere BC agreed to defer repayment of the £4.8m
investment loan. as well as interest and rent. Hertsmere BC has also agreed a fNe-year contract extension,
which gives InspireAII more time to gain a return on the recent investment programme. Thi5 SUPPOrt from
the Council is hugety significant and is a reflection of the good working ￿lationShIp the business ha5
maintained over the years with its largest leisure client. tikewise. Milton Keynes Council has agreed to pav
its annual contract fee in advance. should it be required.
The Family Support Services incorne stream 15 contrartually secure. although the range and standard of
seNice that the contract requires must continue lo be provided. The efficiency with which InspireAII has
managed the business has provided the finance for the additional IT resources. infrastructure and the
development of on-line training packages.
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INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
GROUP REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2021
Financ￿1 rtview
Future plans
Having invested significant Sums in renewing and enharbcing selerted key facilities, the focus of the business
had turned to ensuring these investments are fully exploited over the next few years. This remains the case
in the longer-temi, but the impact of the COVID lockdowns means that the immediate focus has to be on
ensuring the short to medium temi survival of the leisure business.
A5 mentioned above, In5pireAII has secured vital support from it5 Local Authority clients. It has Used social
media to maintain dialogue with individual customers. Future focus will be to rebuild the membership base
across all the contracted leisure facilities. The recent switch to the °LeBend° customer management system
will leave the business in a better place to achieve this objective.
Cost control will become even more important. To this end. in a joint initiative with Stevenage Leisure. a
new HR 5y5tem will be irnplemented which will drarnaticalty improve our management of staff costs and
release managers from the many hours currentty spent on paperwork. Payback will be seen in the first year.
In respect of the Milton Keynes contract. it is likely that some of the small community facllities will be taken
back into the control of the relevant parish councils.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governing document and ¢harity constitution
The Trust and the group are registered as a charitable company Inumber 10936531 limited by guarantee
and were set up by a Memorandum of Association on l December 2CKI3.
The Memorandum and Articles of Association were revised in 21J)6 to accommodate the a(idition of
children's centres (now temied ~family centre￿} services to the portfolio. The Memorandum and Articles
of Association were further revised at the AGM in 2016 to remove non-trustees as Members of the
Company.
The Members are guarantors of the Charitable company and each has undertaken to contribute such
amount as may be required Ibut not exceeding £1 each) to the Charitable Company's assets if it should be
wound up while he or She is a memberor wtthin one yearafter he or she should cease to be a member, for
payment of the Charitable company's debts and liabilities contracted before he or She ceased to be a
member, and of the costs. charges and expenses of the winding up. and for the adjustments of the rights of
the contributors among themselves.
The Charity is required to have between three and eleven Trustees. They are the Trustees of InspireAII in
accordance with the Charitie5 Act 2011 and they are also Directors in accordance with the Companies Act
2.￿6. At the end of the financial year the number stood at eight, one havin8 left due to family
commitments, one due to relocation and a third due to work commitments.
Page 9

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
GROUP REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2021
Recruitment and appointment of new trustees
The Board is continually seeking to recruit new Twstees to achieve a breadth of experience and skill5.
Vacancies are advertised as Dece55ary. with suitable candidates inf(ialty meeting the Chair and Chief
Executive to explore the opportunity. Candidales are then invited to attend two Board meetings as
observers, prior to possible appointment.
Indurtion and training of new tryste¢s
Many Trustees are users of the facilities, so often come to the business with their experience as customers.
All new Trustees are encouraged to spend time with managers in various locations, to gain further insight
into the business. A trustee guidebook has also been produced. which provides a handy guide to the
business and trustees, responsibilities.
Organisatlonal struciure and decision making
The Board of Trustees meet5 at least every two months and has delegated the responsibility for
administerin8 the charity to a management tearn that has been formed jointly with SLL:
Richard Allan
Robert Keegan
Natalie Palmer
Liz Applin
Lee Medlock
Adrian Hill
Donna Radics
Martin Smith
Chief Executive Officer (appointed OV06120211
Head of Finance (resigned 31112120201
Head of Finance lappointed 17105120211
Head of Famity Centres
- Head of Operations (appointed 01107120211
Head of
Head of HR
Head of Facilities
In addition to the Board Meetings. there are regular meetings of Finan￿ and Development Committee
and the HR Committee.
The current Board offers professional expertise encompassing finance. customer relations. law, food &
beverage. marketin& HR and energy efficiency. in addition to the general management experience of
operating at senior levels in theif respettwe professions.
None of the three Local Authorities presentty served by InspireAII (Hertsmere Borough Council. Milton
Keynes Council and Hertfordshire County Councill nominate people for consideration by the Trustees.
Pay policy for senior staff
The pay and remuneration for key management personnel is based on benchmarking of similar roles in
comparable organisations. Changes in remuneration of key management personnel are agreed by the
Board.
Pa8e 10

IN5PIREALL LEISURE AND FAMILY SUPPORT SERVICES
GROUP REPORT OF THE TRUSTEE5
FOR THE YEAR ENDED 315T MARCH 2021
C(•operatlon with other oryanlsatlons
InspireAII operates independently, but occupies buildings owned by Hertsmere Borough Council, Milton
Keyne5 Council and Hertford5hire County Council. InspireAII works with and supports the respective
Councils in their health. leisure and children's objectr¥e5 where they coincide with the aims ol the Charity.
The Family Support Servios team works in co-QFeration with Hertfordshire Community Trust. Bamardo's
and One YMC
InspireAII and Stevena8e Leisure Limited ISLLI have pooled selected head office functions in order to
achieve economies of scale and improved support. As an example. InspireAII have adopted the SLL
ustomer management system. Legend. which is allowing IA to deliver a far better customer experience at
lower cost than using its own system.
Rlsk management
Key risks are identified as part of the annual strategic planning process. The Board and the Finance &
Development Committee review monthly management accounts, re-forecasts and Key Performance
Indicotor5 at each meeting. Other non-financial r*sks are reviewed regularly. with the Risk Register updated
as necessary.
EVENTS SINCE THE END OF THE YEAR
The leisu￿ centres were able to reopen from the 12th of April 2021. with some restrictions still in place.
Workout Classes resumed on the iw May 2021. again wtth restrictions. Wyllyotts reopened in full in
September 2021.
Swimming has bounced back impressively. to approach pre-COVID levels. Membership sales have been
good, but have been counter-balanced by cancellations. High-intensity classes have tsken the biggest hit, as
customers remain wary of the virus, despite the centres switching their system5 to maximurn extract. It
would appear that recovery will be slow. In the light of this experience, revised medium-tenn plans are
bein8 drawn up.
EMPLOYEE INVOLVEMENT AND EMPLOYMENT OF THE DISABLED
Employees have been consulted on issues of ton¢ern to them by means of regular consultative committee
and staff meetings and hove been kept infomied on specific matters direttly by management. The company
and the group carry out exit interviews for all staff leaving the organisation and has adopted a procedure of
upward feedback for senior management and the Trustees.
The company and the group have implemented a number of detsiled policies in relation to all asperts of
personnel matters including:
Equal Opportunities
Volunteer5, Policy
Health & Safety Policy
Page 11

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICE5
GROUP REPORT OF THE TRU5tEES
FOR THE YEAR ENDED 31ST MARCH ZOZI
In accordance with the company and the groups Equal Opportunities Policy. the charity and the group has
long established fair ernployment practices in the recruitment selection. retentK*n and training of disabled
staff.
Full details of these policies are available from the charity and the group's Offi￿5.
STATEMENT OF TRUSTEES. RESPONSIBILmE5
The Trustees Iwho are also the directors of InspireAII Leisure and Family Support se￿￿es for the purposes
of company lawl are responsible for preparing the Report of the Trustees and the con501idated financial
statements in actordance with applicable law and Unrted Kin8dom Accountin8 Standards (United Kingdom
Generally Accepted Accounting Practice) including Financial Reporting Standard 102 'The Financial
Reporting Standard opplicable in the UK and Republic of Ireland"
Company law requires the Trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and
applitation of resources, includin8 the income and expenditure. of the charitsble company for that period.
In preparing those financial statements, the Trustees are required to=
select Sultable accounting policies and then app￿ them consistently*
observe the methods and principles in the Charity SORP-
make judgements and estimates that are reasonable and prudent-
prepare the financial statements on the going concem basis unless it is inappropriate to presume that
the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time. the financial position of the charitable company and to enable them to ensure that
the financial statements comply with the Companies Act 2￿6. They are also responsible for safeguarding
the assets of the charitable company and hence for takin8 reasonable steps for the prevention and
detection of fraud and other irregularities.
In so far as the Trustees a￿ aware.-
there is no relevant audit information of which the charitable company's auditors are unaware,. and
the Trustee5 have taken all steps that they ought to have taken to make theMSe￿e$ aware of any
relevant audil information and to establish that the auditors are aware of that information.
Page 12

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
GROUP REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2021
AUDITORS
The auditors, Wags LLP tla Wagstaffs, will be proposed for re-appointment a.t the forthcoming Annual
General Meetin8.
Inspire￿1 uses its auditors to help prepare the Financial Statements. to safe8uard auditor objectivity and
independence. InspireAII ￿qUest that a member of staff separate to the audit team is used to prepare the
Statutory ac¢ount5.
Report of the trustees, incorporating a strategic report. approved by order of the board of trustees, as the
company directors. on .*.......W.ew.<•knknr Z•L
. and signed on the board's behalf by:
C N Wame- Chairman
Page 13

REPORT OF THE INDEPENDENT AUOtroRS TO THE MEMBERS OF
INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
Opinion
We have audited the consolidated financial statements of InspireAII Leisure and Family Support Services
(the 'charitable company'l and its subsidiary Ithe 'group'} for the year ended 31st March 2021 which
comprise the Consolidated Statement of Financial Activities. the Consolidated Statement of Financial
Position. the Charity Statement of Financial Position. the Consolidated Statement of Cash Flows and notes
to the consolidated financial statements, including a summary of significant accounting policies. The
financial reporting frarnework that ha5 been applied in their preparation is applicable law and United
Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). including
Financial Reporting Standard 102 The Financial Reportin8 Stsndard applicable in the UK and Republic of
Ireland,.
In our opinion the consolidated financial 5tatements=
give a true and fair view of the state of the charitable company's and group's affairs as at
31st March 2021 and of its incoming resources and application of resources. in¢ludinE its income and
expenditure, for the year then ended:
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice, including Financial Reporting Standard 102 Yhe Financial Reporting Standard applicable in the
UK and Republic of Ireland.: and
have been prepared in accordance with the requirement5 of the Companies Act 2CM)6.
Basls for opinlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISA5 IUKII and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial ￿0ternents section of our report. We are independent of the
charitable company and group in accordance with the ethical requirements that are relevant to our audit of
the consolidated financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled
our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Material uncertainty relating to going concern
We draw Youf attention to note 2 in the financial statements, which indicates that the charity has incurred
outgoing net movement in funds of £2.187,5891£3,378,589 after retirement benefit obligations) in the year
ended 31st March 2021 and as of this date. the charity'5 total funds were in deficit by £626.0891£3.065,089
after retirement benefit obligation51 a5 a result of the COVID 19 pandemic. As stated in note 2. these events
or conditions along with other matters are set out in note 2 indicate that a material uncertainty exists that
may cast significant doubt on the charity as a going con¢em. Our opinion is not modified in this respert.
Except as detailed above, we have nothing to report in respect of the following matters in relation to which
the ISAS IUKI require us to report to you where-
the trustees, use of the going concern basis of accounting in the preparation of the consolidated
financial statements is not appropriate. or
the trustee5 have not disclosed in the consolidated financial statements any identified material
uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt
the going concern basis of accounting for a period of at least twefve months from the date when the
consolidated financial staternents are authorised for issue.
Page 14

REPORT OF THE INDEPENDENT AVDITORS TO THE MEMBERS OF
IMSPIREALL LEISiIRE AND FAMILY SUPPORT SERVI￿5
Other Information
The trustees are responsible for the other infomiation. The other inforrnation comprises the infomation
included in the Annual Report. other than the consolidated financial statements and our Report of the
Independent Auditors thereon.
Our opinion on the consolidated financial statements does not cover the oiher"information and, except to
the extent otherwise explicitly stated in our report. we do not express any form of assurance conclusion
thereon.
In connertion with our audit of the consolidated financial statements, our responsibility is to read the other
inforrnation and. in doing so, consider whether the other infomation is materially inconsistent with the
financial statements or our knowledge obtained in the audit or otherwise appears to be énaterially
misstated. If we identify such material incon5iStencie5 or apparent material mi5Statements. we are required
to determine whether there 15 a material misstatement in the consolidated financial statement5 or a
material misstatement of the other information. If. based on the work we have perfomied. we conclude
that there is a material misstatement of this Qther information. we are required to report that fart. We
have nothing to report in this regard.
Oplnlons on other matters prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the oudit-
the information given in the Group Report of the Trustees for the financial year for which the financial
statements are prepared is consistent with the con501idated financial statements- and
the Group Report of the Trustees has been prepared in accordance with applicable legal requirements.
Matters on whith we are requlred to report by exceplion
In the light of the knowledge and understanding of the charitable compary and group and tts environment
obtained in the course of the audit. we have not identif￿d material rni55tatements in the Group Report of
the Trustees.
We have nothing to report in respect of the followine matters where the Companies Act 2006 requires us
to report to you if. in our opinion:
adequate accountin8 records have not been kept or returns adequate for our audit have not been
received from branches not visited by us- or
the financial statements are not in agreement with the accounting records and returns.. or
certain disclosures of trustees. remuneration specified by law are not made,. or
we have not received all the information an(i explanations we require for our audit.
Page 15

REPORT OF THE114DEPENDENT AVDITORS TO THE MEMBERS OF
INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the
directors of the charitable company and group for the purposes of cornpany lawl are responsible for the
preparation of the consolidated financial statements and for being satisfied that they give a true and fair
view, and for such internal control as the trustees determine is necessary to enable the preparation of
consolidated financial statements that are free from material mi55tatement. whether due to fraud or error.
In preparing the consolidated financial statements, the trustees are respjnsible for assessing the charitable
company and group's ability to continue as 3 going concern, disclosing. as applicable, matters related to
going concern and using the going concern basis of accounting unless the trustees either intend to liquidate
the charitable company or group or to cease operations. or have no realistic altemative but to do so.
Our responsibilities forthe audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statement5 as a whole are
free from material misstatement. whether due to fraud or error. and to issue a Report of the Independent
Auditors that includes our opinion." Reasonable a55urance is a high level of a55uran¢e, but is not
guarantee that an audit conducled in accordance with ISAS IUKI will always detect a material misstatement
when it exists. Misstatements can arise from fraud or error and are considered material if. indwidually or in
the aggregote, they could reasonably be experted to inlluence the economic decisions of users taken on
the basis of these financial ststements.
Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above, to detect material misstatements in respect of
irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below:
We obtained an understanding of the legal and regulatory framework applicable to the charity and the
sector in which they operate. We deterniined that the following laws and regulations were m05t significant-
the Companies Act 2006 and the charit￿SACt 2011.
We obtained an understanding of how the charty is complying Wlth thjse legal regulatory
frameworks by makirbg inquiries to the management. We corroborated our inquir￿5 through our review of
board minutes and papers provided by those charged with governance.
We assessed the susceptibility of the charity's financial statements to mater¢al mi55tatement. including
how fraud might occur. Audit procedures perfom)ed by the engagement team include:
identifying and assessing the design effertiveness of controls management has in place to
prevent and detect fraud..
understanding how those charged wtth govemance considered and addressed the potential
foi override of controls or oiher inappropriate influence over the financial reporting process:
challenging assumption5 and judgments made by rnaDagement in its Sl8nificant accounting
estimates-
identifying and testing journal entries. in particular any journal entries posted with unusual
account combinations- and
- assessing the extent of compliance with the relevant laws and regulations.
Page 16

REPORT OF THE INDEPENDENT AUDITOR5 TO THE MEMBERS OF
INSPIREALL LEISURE AND FAMILY SUPPORT SERVI
Our responslbllltles for the audlt of the finandal ststements
We have reviewed the financial statements and considered whether they are consistent with our
understanding of the entity or indicate a previously un￿c08n1sed risk of material misstatement that could
be due to fraud.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's vRbsite at www.frc.org.uklauditorsresponsibilities. This description forms
part of our Report of the Independent Auditors.
Use ol our report
This report Is made 501ely to the charitable company's rnernbers. as a boty. in accordance with Chopter 3 of
Part 16 of the Companies Act 21x16. Our audit work has been undertaken 50 that we might State to the
charitable company's members those matters we are required to state to them in an auditors, report and
for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charitable company and the charitable company's members as a bodyi for our audit
work. for this report, or for the opinions we have formed.
M R Hubbocks FCA (Senior Statutory Auditor)
for and on behalf of Wags LLP tla Wagstsffs
Chartered Accountants and Statutory Auditors
Richmond House
Walkern Road
Stevenage
Hertfordshire
SGI 3QP
Page 17

INSPIREALL LEISURE AND FAMILY SUPPORT %RVICES
CONSOUDATED STATEMENT OF FINANaAL ACTivmES
{INCORPORATING AN INCOME ANO EXPENOITURE ACCOUNTI
FOR THE YEAR ENDEO 31sr MARCH 2021
2021
Totsl
funds
2020
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Charitable activitie5
8A49.871
8,849,871 16,661,730
Other trading activities
Other income
64.414
2.192.125
64,414
2,192,125
1,171.766
226,1
Total
11.106.410
11,106,410 18.059.496
EXPEP4DITURE ON
Fundraising trading
40831
40.831
606.869
Charltable activities
Operation of leisure facilities
Children's and famity tentre5
Support costs
8.265.678
4.278,243
709247
.265,678 11,444,144
4,278,243
S.064,960
709,247
975.204
Total
13293.999
13,293,999 18.091.177
NET INCOME/(EXPENDtfuRE)
(2,187Y9)
12.187,589)
131.6811
Transfers between funds
21
43.993
(43.9931
Other recoznlsed105ses
Actuarial losse5 on
retirement benefit obligations
22
{1.191.CO))
(1,191,000} I1,015.1￿)
Net m¢)vement In funds
{3334S96)
(43.993) (3.378,589) 11.046,6811
RECONaLIATION OF FUNDS
Total funds broughi forward
269507
43.993
313,500
1,360,181
TOTAL FUNDS CARRIED FORWARD
13.065.089)
(3.065,0891
313,5
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 18

INSPIREALL LEISURE ANO FAMILY SUPPORT SERVICES
(REG15tERED COMPANY NUMBER: 043433471
CONSOUDATED STATEMENT OF FINANCML Po￿￿oN
31ST MARCH 2021
2021
Total
furbds
2020
Total
fvnds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
12 5.335.320
5.335,320
6,554,170
CURRENT ASSETS
Stocks
Debtors
Cash at bank
14
15
24284
798294
2.283,969
24284
798,294
2.283,969
23.797
1,894,568
1.890,602
3.106.547
3.106.547
3,808.967
CREDITORS
Amounts falling due within one year
16 (4.220,780)
(4,Z20.780) {3.937.4621
NET CURRENT LIABIUTIES
ql,114233}
qi.114,233) 1128.4951
TOTAL ASSETS LESS CURRENT LIABIUTIES
4.221.087
4,221,087
6.425.676
CREDITORS
Amounts fallin8 due after more than one
year
17 (4A47.176)
14.847,1761 14.847,1761
RETIREMENT BENEFIT OBUGATION5
22 12,439,iXXI)
{2,439.[￿) 11.265.OLM)I
NEf ASSETSI(UABILmES)
13.065,089)
13,065,089)
313.500
The notes form part of these financial statements
Page 19

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
{REGISTERED COMPANY NUMBER: 01343347)
CONSOUDATEO STATEMENT OF FINANaAL POSThION- continued
31ST MARCH 2021
zozi
2020
Notes
21
FUNDS
Unrestricted fvnds
Restricted funds
13.065,089)
269,507
43.993
TOTAL FUNDS
(3,065,089)
313,5(Ki
The financial statements were approved by the Board of Trustees and authorised for issue OD
tr4h.P•.yfjW..AE¢￿.s*£.K . and were signed on its behalf by:
C N Warne- Chairman
The notes forrn part of these financial Statements
Page 20

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
IREGISTERED COMPANY NUMBER: 04343347)
CHARITY STATEMENT OF HNANCIAL posmoN
31ST MARCH 2021
2021
Total
funds
2020
Total
funds
Unrertricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
Investments
12 5.335.320
13
5,335,320
6,554,170
5335321
5,335,321
6,554,171
CURRENT ASSErs
Stocks
Debtors
Cash at bank
14
15
24.284
826,IlX)
2283,969
24.284
826,100
2,283,969
23,797
1,922,374
1.850,114
3.134.353
3,134,353
3,796,285
CREDrnRS
Amounts falling due within one year
16 (4,220,780)
(4,220,780) 13.937.460)
NET CURRENT UA8IUTIES
11.086N27)
11,086.4271 1141.1751
TOTAL ASSETS LESS CURRENT UABiunES
4.248.894
4,248,894
6,412.996
CREOITORS
Amountsfalling due after more than one
year
17 14y7.1761
{4.847.1761 14,847,176)
RETIREMENT BENEFIT OBUGATIONS
22 12A39,0(KI)
12.439.0(Kl) 11,265,(KJOI
NET ASSETSIIUABILITIES)
13.037.282)
(3,037.282)
3(KJ,820
The notes fom part of these financial statements
Page 21

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
(REGISTERED COMPANY NUMBER: 04343347)
CHARITY STATEMENT OF FINANaAL posmoN- continued
31ST MARCH ZOZI
2021
2020
FUNDS
Unrestricted fund5
Restricted funds
13.037282)
256,827
43,993
TOTAL FUNDS
13m7282)
3￿).820
Charity net movement in funds for the year
13378589) 11.046.681)
The financial statements were approved by the Board of Trustees and authorised for issue on
Cs44*w.￿￿L..￿￿.K and were signed on its behalf bv:
C N Warne- Chaimian
The note5 fonn part of these financial statements
Page 22

INSPIREALL LEISURE AND FAMILY SUPPORT SERVI
CONSOUDATED STATEMENT OF CASH FLOWS
FOR ThE YEAR EP4DED 31ST MARCH 2021
20ZI
2020
Notes
Cash flows from operating artivlties.
Cash generated from operations
Tax paid
794394
I,(KM,148
17
Net cash provided by operating activities
794394
I,(KJ4.165
Cash flows from Investlng actl¥ltles .
Purchase of tangible fixed assets
(201,0811
12,969,897)
Net cash used in investin8 actNitie5
(zo1.0￿)
12.969,8971
Cash flows from financlng artlvlile5
Loan advances in year
Interest paid
1.657.176
1101.1561
1199,946)
Net cash used in financing activities
{199.946)
1.556.020
Change in cash and cash equlvalents in
the reporting perlod
sh and cash equivalents atthe
beginnifftg of the reportifig perlod
393.367
1409,7121
1,890.602
2.31J).314
Cash and cash equivalents at the end
of the reporting period
2,283,969
1,890,602
The notes fomi part of these financial statements
Page 23

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO ThE CONSOUDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST MARCH 2021
RECONCIUATION OF NET. IEXPENDITURE)IINCOME TO NET CASH FLOW FROM OPERATING
AcfiviTIES
2021
2020
Net {expenditure)/income for the reportin8 period (as per the
Statement of Financial Artl¥•tles)
Adjustments for.
Depreciation charges
Interest paid
Ilncreasel/decreose in stocks
Decrease in debtors
Increaselldecreasel in creditors
Difference between pension charge and cash contributions
12.187.589)
131.6811
1.419,931
199.946
(4871
1.096,274
283,319
117,000)
1,132,258
101.156
31.754
155.785
1450,1241
65.1
Net cash provlded by operatlons
794,394
I,Crf)4,148
ANALYSIS OF CHANGES IN NET DEBT
At 1.4.20
Cash flow
At 31.3.21
Net cash
Cash at bank
1.890.602
393.367
2.283,969
Debt
Debts falling due within l year
Debts falling due after l year
14A47,1761
{4,847,176)
(4.847,176)
{4,847,176)
Total
(2,956.5741
393,367
(2,563,207)
The notes fomi part of these financial statements
Page 24

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE CONS¢XIDATED FINANaAL STATEMENTS
FOR THE YEAR ENDED 315T MARCH 2021
STATUTORY INFORMATION
InspireAII Leisure and Family Support SeNices is a company limited by guarantee and charity
registered in England and Wales. The company and charity registered numbers and office address
can be found within the reference and administrative details on page l.
The presentation currency of the financial statements is the Pound Sterlin8 (£1.
ACCOUNTING pouaES
Basis of preparifig the Ilnan¢ial statements
The consolidated and individual financial statements of the charitable company. which is a public
benefit entity under FRS 102. have been prepared in accordance with the Charities SORP {FRS 1021
'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 IFRS 1021 leffectNe l January 2019),. Financial Reporting Standard 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act
2006. The con501idated and individual financial statements hove been prepared under the historical
cost convention.
The consolidated and indiv*Yual financial statements have been prepared on a going concern basis.
In assessing the going concern position of the groL•P and charity for the year ended 31st March 2021,
the trustees have considered cashflows. liquidity and business activities. As at 31st March 2021, the
group held cash reseNes of £2.2 million which are available for general charitable purposes.
including but noi limited to fundin8 new site5. working capital and futu￿ Capital expenditljre
required to ensure that the facilities remain first class for users.
In making this assessment, the trustee5 have considered the impact of the COVID-19 pandemlc on
the cash flows and liquidity of the group over the comin8 12 months. This assessment has taken
account the current measures that have been put in place to preserve cash and reduce discretionary
expenditure during the period when the company had to temporarily close its sites as a result of
compliance with Government regulations combined with changing customer behaviour when using
the facilities once re-opened. The financial modelling used by the company anticipates reduced
membership and revenues as a direct result of COVID-19 in the coming 12 months. The trustees
have 0150 considered further Government artions and more longer term ¢losure5 Within this period
and the downside to cashflow5 and liquidity as a result. These down5ide5 have a severe impact on
the group and charity EBITDA. far greater than would have been anticipated prior to the COVID-19
pandemic.
At these anticipated levels of EBITDA combined with the mitigating actions implemented by
management, the trustees currently believe that they can maifttain Sufficient liquidity to continue to
operate and sustain anticipated10sse5 for the corning 12 months.
The trustees will fully utilise all available financial assistance that is available, includin8 the
government QRS scheme combined with obtaining funding from the Arts Council and other
equivalent and business rates exemption5. This has been onticipated within the forecast5 and will
help with stemming cash outhow as far as possible.
Page 25

INSPIREALL LEISURE ANO FAMILY SUPPORT SERVICES
NOTES TO THE CONSOLIDATED FINANaAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021
ACCOUNTING pouaES- contin1￿1
The trustees have concluded that the potential impart of COVID-19 described aly)ve combined with
uncertainty over possible mitigation act￿n5 represents a material uncertainty that may cast doubt
on the group and charit￿$ ability to continue as a goin8 concern. Nevertheless, having assessed the
combination of these variou5 Options and the impact of any liquidity Shortfall in the event of a
sustained period of closures followin8 the ongoing COVID-19 pandemic. the trustees have a
reasonable expectation that the charity has adequate resources to continue to operate for a period
of 12 months fn)m the date of these financial statements. For these reasons, they continue to adopt
a going concern basis for the preparation of the financial statements. Accordingly, these financial
statements do not include any adjustments to the carrying amount or cla55ification of assets and
liabilities that would result if the charity were unable to continue as a going con￿rn.
Basls of consolldatlon
The group consolidated financial"statements include the financ￿1 statements of the charity and all of
it5 Subsidiary undertakings made up to 31st March 2021.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to
the fund5. it 15 probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as the￿ is a legal or constructive obligation
committing the charity to that expenditure. it is probable that a transfer of economic benefrt5 will be
required in settlement and the amount of the obligation can be measured reliably.
Tanglble fixed assets
Depreciation is provided at the followin8 annual rates in order to write off each asset over its
estirnated useful life.
Long leasehold property
Plant and machinery
Fixtures and fittin85
over the lrfe of the lease
3-10 years on c05t
>5 years on cost
Stocks
Stocks are valued at the lower of cost and net realisable value. after making due allowance for
obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Pa8e 26

INSPIREALL LEISURE ANO FAMILY SUPPORT SERVICES
NOTES TO THE CONSOUDATED FINANaAL STATEMENTS- continu¢d
FOR THE YEAR ENDED 31￿ MARCH 2021
ACCOUNTING pouaES- wntlnued
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives al the discretion of the
trustees.
Restricted funds can only be used for particular restrirted purposes within the object5 of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
INCOME FROM CHARITABLE AcmiiTIES
2021
2020
Operation of leisure facilities
Children's and famity centres
3.739,895 11.414.985
5,109.976
5.246.745
8A49,871 16,661,730
CHARITABLE AcnvinES COSTS
Direct
Costs Isee
note 8)
Support
COSt5 (see
note 9)
Totals
Operation of leisure fatilit*s
Children's and family centres
Support costs
8,265,678
4.278,243
8,265.678
4,278,243
709,247
709,247
12,543.921
709,247 13.253.168
OTHER INCOME
2021
2020
Expected return on retirement benefit assets
Income from CJRS claims
210,000
1,982,125
226,C
2.192.125
226,CM
Page 27

IN5PIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE C01450UDATED FINANaAL STATEMENTS- tontinued
FOR THE YEAR ENDED 31ST MARCH 2021
OIREcf COSTS OF CHARITABLE AcnvrnES
20ZI
2020
Staff costs
Premises expen5e5
Repairs and maintenan
Depreciatlon
Other costs
7.643.279
1,194,862
919.528
1.359.397
1.426,855
9.232.726
2,016,029
1,460.278
1,076,540
2.723.531
12,543,921
16,509,104
SUPPORT COSTS
2021
2020
Staff costs
Premi5e5 expenses
Repairs and maintenance
Depreciation
Other costs
485.903
21.(
2.710
60.534
139,1(K)
735,927
20,779
5,591
55,718
157.189
709,247
975,204
AUOITORS, REMUNEIIATION
2021
2020
Fees payable to the charitrfs auditors for the audit of the
charitys financial statements
00
12,5
Fees payable to the chariws auditors for other financial senrfices
4,500
TRUSTEES, REMUNERAnoN AND BENEFITS
There V￿re trustees. remuneratbon or other benefits for the year ended 31st March 2021 nor for
the year ended 31st March 2020.
Tw5tees' expenses
There were no tru5tees' expenses paid for the year ended 31st March 2021 nor for the year ended
31st March 2020.
Page 28

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE CON￿)UDATED FINANOAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2021
10. STAFF COSTS
2021
2020
Wages and salaries
Social security costs
Other pension costs
7.279,363
486,395
363,424
9,163,779
463,478
341.396
8,129.182
9.968,653
The average monthly number of employees during the year was as folh)ws:
2021
2020
Leisure activities
Family support activities
Senior management and administratK)n
419
195
561
170
18
632
749
The number of employees whose employee benef￿ lexcluding employer pension costs) e¥ceeded
£60,(M)O was:
2021
2020
£60.001- £70,CO)
£70,001- £80.000
£80,001- £90,000
£i￿,(￿l- £iiO,(KK)
£120,(KIi- £130,LXK)
Key management remuneratlon
Total key management personnel remuneration (including benefftsl was £125.07812020: £108.2121-
Page 29

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE CONSOLIDATED FINANaAL STATEMEf4TS- continued
FOR THE YEAR ENDED 31ST MARCH 2021
ii.
COMPARATIVES FOR THE CONSOUDATED sfATEMENT OF FINANCIAL AcnvmES
Unrestricred Re5tritted
funds
funds
Total
funds
INCOME AND ENI)OWMENTS FROM
Charitable activities
16.661.730
16,661.730
Other trading activities
Other income
1,171.766
226.(K
1,171,766
226.000
Total
18.059.496
18.059.496
EXPEMOITURE ON
Raising funds
606.869
606.869
Charftable arti¥ttles
Operation of leisure facilities
Children's and family centres
Support costs
11.444,144
5,064,960
975.204
11,444.144
5,064,960
975,204
Total
18.091.177
18,091,177
NEf INCOMEIIEXPENDITURE)
(31.6811
{31,6811
Other reco8nlsed losses
Actuarial losses on
retirement benefit obligation5
11.015.Crf)01
11,015.0001
Net moven*nt In funds
{1,046,681)
11.046.681)
RECONauATION OF FUNDS
Total fund5 brought forward
1.316.188
43.993
1.360.181
TOTAL FUNDS CARRIED FORWARD
269.507
43.993
313,500
Page 30

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE FINANaAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2021
12. TANGIBLE FIXED A55Ers
Gmup and charlty
Long
leasehold
property
Fixtures
and
fittings
Plant and
machinery
Totals
At 1st April 2020
Additions
818A64
8,689,210
124,989
178.271
76.092
9,685,945
201,081
At 31st March 2021
818864
8,814,199
254363
9.887,026
Depreciation
At IstApril 2020
Charge for year
357,627
89.142
2,680,900
1,263,508
93.248
67.281
3.131,775
1.419,931
At 31￿ March 2021
446.769 3,944.408
160.529
4.551,706
Net book value
At 31st March 2021
371.695
4.869.791
93,834
S,335.320
At 31st March 2020
460,837
6.(N)8,310
85.023
6,554,170
Page 31

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO ThE CONSOLIDATED FINANaAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2021
13.
FIXED ASSET INVESTMENTS
Charlty
Shares in
group
undertakings
Cost
At 1st April 2020 and 31st March 2021
120,OLKI
Provisions
At 1st April 2020 and 31st March 2021
119.999
Net book value
At 31st March 2021
At 31st March 2020
There We￿ no investment assets outside the UK.
The chariV5 investments at the balance sheet date in the share capital of companies include the
following:
Herts Leisure Limited
Registered office". The Venue, Elstree Way. Borehamwood. Hertfordshire WD6 IJY
Nature of business.. Non trading subsidiary undertaking
Class of share:
Ordinary
holding
2021
2020
Aggregate capital and reserve5
12.682
12.682
Page 32

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE CON50LIOATED FINANOAL STATEMEtITS- contlnued
FOR THE YEAR ENDED 31ST MARCH 2021
14. STOCKS
Group and charlty
2021
2020
Finished goods
24,284
23,797
24.284
23.797
15. DEBTORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR
Group
2021
2020
Trade debtors
Amounts owed by connerted undertakings
Other debtors
Prepayments and accrued income
242,542
40￿66
376,898
137,988
1.697.144
52,813
144.611
798,294
1,894,568
Charlty
2021
2020
Trade debtors
Amounts owed by subsidiary undertakings
Amounts owed by connected undertakings
Other debtors
Prepayments and accrued income
242.542
27.806
40.866
376,898
137,988
1.697,144
27,806
52.813
144,611
826.1(X)
1,922,374
Page 33

INSPIREALL LEISURE AND FAMILY SUPPORT SÉRVICES
NOTES TO THE CONSOUDATED FINANOAL STATEMEMTS- continu
FOR THE YEAR ENDED 31ST MARCH 2021
I& CREoifoRS: AMOUNTS FAWNG DUE wmiiN ONE YEAR
Group
2021
2020
Trade creditors
VAT
Other creditors
Accruals and deferred I￿orne
464,256
347,668
5.123
3.403.733
596,309
402,782
4.535
2.933.836
4.220,780
3,937,462
Charity
2021
2020
Trade creditor5
VAT
Other creditors
Accruals and deferred income
464,256
347,668
5,123
3,403,733
596,309
402,782
4,535
2,933,834
4.220,780
3.937.460
Deferred income has been recognised to ensure that charitable income has been accounted for in
the correct financial period.
17. CREDITORS: AMOUMTS FALLING DUE AFTER MORE THAN ONE YEAR
Group and charlty
2021
2020
Other loans
An analysis of the maturity of loans is gNen below=
Amounts falling due between one and five years
Amounts falling in more than fNe years
2.262,354
1,080,403
2.584,822
3,766,733
The loans are secured by way of a fixed and floating charge over the assets of the group and
charity.
Page 34

INSPIREALL LEISVRE AND FAMILY SUPPORT SERVICES
NOTES TO THE CONSOLIDATED FINANaAL STATEMENTS. contlnued
FOR THE YEAR ENDED 31ST MARCH 2021
LEASING AGREEMENTS
Minimum lease payrnents Under￿0n￿ncellèts1e operating leases fall due as follows-
Group and charlty
2021
2020
Within one year
Between one and fNe years
148.410
271,565
139,337
419,974
419,974
559,311
19. CONTINGENT UABILMES
The group issued a performance bond of £l(K).CW to Milton Keynes Council on l November 2009
which is valid for 15 years in relation to the charitable company's contract with the Council. The
charity has undertaken to reimburse RBS for any arnount called under this 8uarantee and ha5 given
RBS a charge over a deposit totalling £50,000.
20. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 202112020: none).
Page 35

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE CON50LIDATED FINANaAL STATEMENTS- ¢ontinued
FOR THE YEAR ENDED 31ST MARCH 2021
21. CONSOUDATED MOVEMENT IN FUNDS
Net
movement
nd transfer5
At
31.3.21
At 1.4.20
Unrestrirted funds
General fund
Family centres
96 Shenley Road
Bushey Community Centre
HertSSPOrts
Retirement benefit obligations
991,322
508282
119275)
{2.645.045) 11.653,n3)
480,091
988.373
4.358
114,917)
1661
5.244
5,244
{1216.0(KI) 11.174.IXKI) 12,390,000)
169507 (33345961 13.065,0891
Restrirted funds
Children's centres
43,993
143.993)
TOTAL FUNDS
313W 13.378.589) {3.065.089)
Net m¢)vement in funds. included in the above are as follow5:
Incomin8
resources
Resources
expended
Gains and Movement
losses
in funds
unr￿trirted funds
General fund
Family centres
96 Shenley Road
BLiShey Community Centre
Retirement benefit obligations
5.786.434
4.758,334
2n.410
79232
210,(
18A75An)
14.278.243)
(268,052)
{79,2321
I193AK￿l {1,191.1￿0) {1,174.¢NIO)
12,689.0381
480.091
4,358
TOTAL FUNDS
11.106.410 113,293,999) 11.191.0￿> 13,378.589)
Page 36

INSPIREALL LEISURE AND FAMILY SUPPORT SERVI
NOTES TO THE CONSOUDATED FINANaAL 5TATEMENTS- cOntIrn￿l
FOR THE YEAR ENDED 31ST MARCH 2021
21. CONSOLIDATED MOVEMENT IN FUNDS- contlnued
Comparatlves for movement In funds
Net
movement
and transfers
At
31.3.20
At 1.4.19
Unrestricted fvnds
General fund
Family centres
96 Shenley Road
Bu5hey Community Centre
Herts sports
Retirement benefit obligations
1,197.225
294,825
3.894
1205,YY)3)
213,457
123.169)
1661
991.322
508.282
(19.2751
1661
5.244
5,244
1185.LIXI) (1,031,￿0) 11.216.000)
1.316.188
11.046,6811
269.507
Restricted funds
Children's centres
43.993
43.993
TOTAL FUNDS
1,360,181
{1.046,6811
313,500
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Gains and Movement
105ses
in funds
Unrestricted funds
General fund
Family centres
96 Shenley Road
Bushey Community Centre
Retirement benefft obligations
12,564,073 112,769.9761
4,752,629
14.539.172)
433,977
1457,1461
82,817
182,8831
226.IXKI
{242.OCK>) 11.015.000) 11.031,{￿)
1205.9031
213,457
123.1691
TOTAL FUNDS
18.059.496 118.091.177} 11.0l5.L￿jl 11,046,681)
Pa8e 37

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE CONSOUDATED FINANaAL STATEMENTS- contlnued
FOA THE YEAR ENDED 31ST MARCH 2021
21. CONSOUDATED MOVEMENT IN FUNDS. continued
The purpose of material deggnated and restricted funds is as follows:
SURE START CHILDREN'S CENTRES
These are now termed Family Centres under the new contrart with Hertfordshire County Council,
that started in October 2018 (see below).
FAMILY CENTRES
Thi5 15 a 6 year contract from 1st October 2018 to oversee 50% of Hertfordshire County Council's
Family Support Centres. Total fundin8 received 2020121 was £4.758.33412019120: £4.779,8931.
The core purpose of Family Centres=
The Government believes that Famity Centres should have a clear core purpose. focused on
improving outcomes for young children and their familie5. Wlth a particular focu5 on the most
disadvantaged families. in order to reduce inequalities in=_
Child development and school readine55,'
Parenting aspirations. self esteem and parenting skills: and
Child and family health and life chances.
HERTS SPORTS
Hert5 Sports is the funding of a sports development Off￿er for the Hertfordshire area..The officer
coordinates programs to gei people More artive and to live healthier lifestyles.
96 SHENLEY ROAD
96 Shenley Road is managed by InspireAII on behalf of Hertfordshire County Council. The building is a
multi-purp05e facility including library. meeting rooms, perf0rrnan￿ facilities and cafe. Any
surpluses are repayable to HCC and any defKits underwritten by HCC.
Page 38

INSPIREALL LEISURE AND FAMILY SUPPORT SERVICES
NOTES TO THE CONSOUOATED FINANaAL STATEMENTS- contlnued
FOR THE YEAR ENDEO 31ST MARCH 2021
22.
RETIREMENT BENEFIT OBLIGATIONS
Deflned benefft scheme
The group operates a defined benefit pension scheme.
The amounts recognised in the Statement of Financial Position are a5 follow5=
Deflned benefft
penslon plans
2021
2020
Present value of funded obligations
Fair value of plan a55ets
113,523,rM)01 110.431.0001
11,084.000
9.166,000
{2A39.IM)) 11.265.000)
Present value of unfunded obligati0115
Deficit
12.439,0(Xl) 11.265,0001
The amounts recognised in the Ststement of Financial ActNities are as follows:
Defined benefit
pension plans
2021
2020
Current seNice cost
Net interest from net
defined benefit liability
Past seniice cost
95,0
193.000
29.(
124,(
I98,c￿l0
Actual return on plan assets
1,763,(
1370,0001
Page 39

INSPIREALL LEISURE AND FAMILY SUPPORT SERVI
NOTES TO THE CONSOUDATED FINANaAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31st MARCH 2021
22.
REfiREMENT BENEFIT OBUGATIONS- contlnued
Changes in the P￿sent value of the defined benefit obligation are as follows-
Defined benefit
penslon plans
2021
2020
Opening defined benefft obligation
Current serrfice c05t
Contributions by scheme participants
Interest cost
Actuarial losses
8enefits paid
10,431.0(M)
95,ODD
17.(th)
239,000
2,954,000
1213,000)
9,630,CwJO
193.000
32,000
231,(
645.000
13(XI,OCKJI
I3,523,0￿ 10,431.IxIo
Changes in the fair value of stheme assets are as follows:
Oefined beneflt
pension plans
2021
2020
Opening fair value of scheme a55ets
Contributions by employer
Contributions by scheme participants
Experted return
Actuarial gainslllosses)
Benefrts poid
9,166,OIN)
141,000
17.IKIO
210,0(KI
1,763,000
1213.0(YJ)
9,445,C
133.000
32.000
226.000
1370,IxJOI
1300.(KM)I
11,084,0
9.166,000
Page 40

INSPIREALL LEISURE AND FAMILY SUPPORT SERVI
NOTES TO THE CONSOLIDATED FINANaAL STATEMENTS- contlnued
FOR THE YEAR ENDED 315T MARCH 2021
REnREMENT BENEFIT OBUGATIONS- continued
The amounts recognised in other recognised gains and losses are as follows..
D¢fined benefit
pension plans
2021
2020
Actuarial losses
11.191,0￿) 11,015.0001
(1.191.(M)O1 11,015,000>
The major categories of scheme assets as a percentage of total scheme assets are as follows:
Defined benetit
pension plans
2021
2020
Equities
Bonds
Property
Cash
48%
39%
8%
26%
11%
10
Ic(J%
Principal 3Ctuarial a55umptions at the Statement of Financial Position date (expressed as
weighted average51:
2021
2020
Discount rate
Future salary increases
Future pension increases
2.30%
2.30%
1.90%
3.25%
2.85%
Defined ¢ontril>ution scheme
The group operates a defined contribution pension scheme. The assets of the schemes are held
separately from those of the Broup in independentty adrnini5tered funds. The pen5i0n cost
charge represents contributions payable by the 8roup to the funds and amounted to £408.729
{2020-. £194,985).
Page41