Registered Charity Number: 1116421
Company number: 04137726
Aspire Community Enterprise (Sheffield) Limited
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
For the year ended 31 March 2025

Aspire Community Enterprise (Sheffield) Limited
Contents
Page
Legal and adrninistrative information
Directors, annual report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the accounts
10-17

Aspire Community Enterprise (Sheffield) Limited
Legal and administrative information
Patrons
Dr David Rumsey
Dirertors
Patricia Parkin
Liz Gra5SO
James Fulton
Steve Hambleton
Hayley Koseoglu
Chloe Angus
lan Drayton
Resigned 23/0712025
Registered office
11 Soar Works
Knutton Road
Parsons Cross
Sheffield
S5 9NU
Company Number
04137726
Charity number
1116421
Bankers
Natwest
5 Market Place
Chesterfield
S40 ITW
Accountants
Seven Hills Accountants Limited
57 Burton Street
Sheffield
S6 2HH

Aspire Community Enterprise (Sheffield) Limited
Directors, annual report
For the year ended 31 March 2025
The trustees are pleased to present their annual directors. report together with the financial statements of the
charity for the year ended 31 March 2025 which are also prepared to meet the requirements for a directors. report
and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011. the Companies Act 2006. the Articles of Association,
and the 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 1021 issued in
October 2019.
Structurei governance and management
The organisation is a charitable company limited by guarantee. incorporated on 9 January 2001 and registered as a
charity on 19 October 2006. The company was established under a Memorandum of Association las amended by
special resolution on 2 February 20231 which established the objects and powers of the charitable company and is
governed under its Articles of Association. In the event of the company being wound up members are required to
contribute an amount not exceeding £1.
Overall management of the charity 15 the responsibility of the trustees who are elected and co-opted under the
terms of the constitution. Day to day project activity is managed and carried out by volunteers and paid staff.
Charitable Aims and objectives
The objects of the Charity are..
l. to relieve the poverty of those in need in the United Kingdom.
2. to advance the education of, provide training for and otherwise assist those in need in the United Kingdom to
enable them to obtain paid employment.
3. to promotethe irnprovement and development of, provide opportunitiesfor the improvement and development
of. the performance and skills of individuals involved in the provision of education and training for the public
benefit provided by the charity and others in such a way that they are more effective and able to achieve the
objects.
(The expression 'those in need, means those who are poor las poverty is understood by the law relating to charities)
or who are otherwise disadvantaged by reason of homelessness. or impairment of mental or physical health or
ability, or unemployment or of personal histories of alcohol- or drug-abuse or crime.}
The charity meets their objectives through the provision of employment experience and training for the long term
unemployed and marginalised.
Whilst planning their activities the trustees have had regard to the guidance issued by the Charity Commission on
public benefit.
About As
ire
Aspire Community Enterprise is located in oneof the most deprived neighbourhoods ofsheffield. We aim to achieve.
and in large part support, our charitable objectives through the sales we generate from the donations of IT
equipment and other items we receive from local people and organisations. In this way we can provide our
volunteers, and people on work placement, with a diversity of workplace roles, requiring a range of skills and skill
levels, in a secure workplace environment in which every individual contributes to the success of the charity.

Aspire Community Enterprise (Sheffield) Limited
Directors, annual report- continued
For the year ended 31 March 2025
We are very much rooted in our community, both in terms of the city and also the neighbourhood in which we are
based. Our employees and the people who come to us to gain work experience and acquire workplace skills are
drawn from local communities which are facing severe social and economic challenges. The people who come to us
for work experience I"volunteers"} are those who face the most significant challenge5 in securing and holding
meaningful, well-paid employment because of economic, social. psychological and health issues. Most have never
worked before or are long-term unemployed. At Aspire they can..
acquire the habit and disciplines of the workplace.
build their social interaction and work collaboration skills.
establish their potential and work to develop new skills- and learn how to present themselves to potential
employers in the wider economy.
We are also rooted in our community through our links with the many public and voluntary agencies involved in
supporting the most disadvantaged people in our city and it is these agencies which are the sources of most of the
people who are referred to us to gain work experience. In our day-to-day activities we also work with, and provide
a wide range of services to, local charities and third sector organisations, activities which benefit our community and
enrich the work experience opportunities we provide.
In our income generating activities we 5UStain our local community links throughout. The IT systems we refurbish
and resell provide affordable computers for local people and organisations, such as local schools and charities,
thereby providing them with acces5 to internet-based services.
The main items for which we seek external funding are financial support to assist with our volunteers, costs, mainly
travel and meals, and funding to help with the purchase of significant capital items of equipment.
Activities and Achievements
This has been a difficult year for Aspire. Like many other small enterprises, we have been impacted by the rise in
the cost of living. Wages, rents, utilities and supplies of essential goods have all increased, but it has been difficult
to sustain an increase in our income to match this.
We have successfully upgraded our website. with several improvements including a link for potential
customersldonors to contact us direct through the website. The website is more user friendly and contains much
more information about the work we do.
We are making progress in developing our CRM system and have partially integrated it into current systems, but
there is still further work to do on it.
We successfully transitioned to the new IS0270001 standard which means we can continue to offer our data wiping
service and our equipment donors can be confident that any data stored on their used IT is wiped securely.
Our apprentice completed his apprenticeship but sadly, due to financial constraints we were not able to offer him a
permanent role
We are continuing our work for SCC in the removal of IT equipment from their Moorfoot building.
Workin
with Volunteers
Over the year we had a total of 17 volunteers, 2 of which have moved onto paid work and 2 have gone onto college.
This year we have received referrals from Opportunity Sheffield. Sheaf Training, Sheffield College. Autism Centre for
Supported Employment, Sheffield City Council (including some from Social Servicesl and Shipshape. We offer a
one-day taster where potential volunteers can come and work for us for one day to see what we do and what work
experience they can gain, to enable them to decide whether therfd like to become a regular volunteer.

Aspire Community Enterprise (Sheffield) Limited
Directors, annual report- continued
For the year ended 31 March 2025
Not all of our volunteers move on to paid work or training and for others it can be a long journey. Many enjoy
belonging to a team where they know they make a genuine contribution and develop self-confidence and self-
esteem. We do not select volunteers on their ability as our charitable aims are to help those in greatest need, so it
can take time to train a volunteer to a level where they are making a real contribution. They are welcome to stav
with us as long as it takes, and we continue to provide a safe, supportive and tolerant environment for our
volunteers, who can have varying needs. and this is reflected in the length of time some of them stay with us.
We regularly seek funding to that we can pay our volunteers lunch and travel costs. so they are not out of pocket
working at Aspire.
Income
eneration activities
erformance
Performance has continued to be inconsistent throughout the year due to difficult trading conditions generally. Our
staff and volunteers have worked hard to refurbish as much of our donated equipment as possible, and our sales
staff have put an equal effort in to generate income from the refurbished products. We switch between targeting
eBay sales and shop sales as demand fluctuates throughout the year
A problem we have experienced this year is the transition to Windows 11. We are getting a lot of donated
PC's/laptops that run on Windows 10 which cannot be upgraded. so unlikely to sell. They can only be broken down
and sold as parts or scrap, the value of which cannot always justify the time spent on stripping them
Storage is often a problem for us as donations from major donors come in bulk. but we cannot afford to rent
additional units on a permanent basis that may be empty half the year. This year we have alleviated this somewhat
by purchasing large lockable waterproof storage bins to use outside which will be a big advantage when we receive
large amounts of donations
Other Achievements
The upgraded website is functioning well and has been a great success in attracting new donors. IVS hard to quantify
significance, but there have been some large donations come via the contact form on the website. It's been well
worth the time and investment spent on this
Financial erformance
It was a challenging year due to general inflation, volatile recycling prices, the increased wage bill and our
continued commitment to pay the Real Living Wage. Whilst we increased revenue from general activity to
£222,000 lup £6000 from last yearl a reduction in charitable donations and grants over the year resulted in an
operating deficit for the year.
Whi15t we had sufficient reserves to cover the deficit the trustee5 recognised that it was not sustainable going
forward so various measures were implemented for the 2025126 financial year. Our only significant cost that we
have any control over is our payroll. so we had to reluctantly take the decision to abandon our commitment to the
Real Living Wage with effect from I" April 2025 reverting to the National Living Wage. It was also decided that our
apprentice would not be retained once his apprenticeship ended in April 2025. One member of staff has taken
temporary unpaid leave. and a decision will be made on his future in the summer of 2025. These combined actions
will save approximately £30.000 on the wage bill.
In our fast-changing market, we are aiming to keep increasing sales via eBay and other online platforms to reach a
wider customer base. We are constantly reviewing expenses to see if further savings can be made.

Aspire Community Enterprise (Sheffield) Limited
Directors, annual report- continued
For the year ended 31 March 2025
Fundin
Quite a few of our funding applications have not been successful so far this year.
We have received the following funding from some of our regular funders this year this year
Restricted
YIN
Date
Funder
Amount
Purpose
Core
funding
1111212024
Town Trust
£1.500
Queen Victoria & Johnson
Memorial Trust
1611212024
£750
Travel costs
0810112025
Harry Bottom Trust
£2.000
Travel costs
Support our
work
2010112025
Facey Family Foundation
£3,000
Support our
work
2710112025
Gripple
£450
Future Plans
Following the success of the new website we are now investigating the feasibility of us developing our own e
commerce website, as the existing platforms are tightening up their rules for sellers. We are looking for potential
funding to finance this.
We continue to seek new donors and are currently in discussion with Veolia, Yorkshire Purchasing Organisation and
the NHS with a view to receiving their used IT equipment.
We are continuing with our Job Evaluation project. that somewhat stalled during the years financial tumult. The aim
is to present a fair salary structure to our paid employees.
Funds and rese￿e5 policy
We have normally held reserves circa £60,000 in order to support a controlled closing down or operations should
the need arise and in 23124 we held a further £10,000 due to the volatility in business, which proved to be
justified. We have had to use our reserve5 this year and consequently they have reduced to below last year's
figure. After a review we now intend to work towards a level of £70.000, this figure reflects the current reality of
the costs of a controlled close down. The measures outlined in our Future Plans should enable us to build up to
this figure.
The charity's free reserves (general funds excludingfixed assets) as of 31 March 2025 were £48,58912024- £67,638).

Aspire Community Enterprise (Sheffield) Limited
Directors, annual report- continued
For the year ended 31 March 2025
Trustees, responsibilities in relation to the financial ststements
The charity trustees {who are also the directors of the charity for the purpose5 of company lawl are responsible for
preparing a Trustees, annual report and financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The report and accounts have
been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair
view of the state of affairs of the charitable company and the group and of the incoming resources and application
of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial
statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently;
Observe the methods and principles in the Charities SORP-
Make judgements and estimates that are reasonable and prudent:
State whether applicable UK accounting standards have been followed. subject to any material departures
disclosed and explained in the financial statements: and
Prepare the financial 5taternents on the going concern basis unless It 15 inappropriate to presume that the
charity will continue in business.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and to enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence
taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on
the charity's website in accordance with legislation in the United Kingdom governing the preparation and
dissemination of financial statements.
Small company provisions:
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the
Companies Act 2006.
The directors declare that they have approved the direttors, annual report above on 23 July 2025
Signed on behalf of the directors:
Hayley Koseoglu
Chair of Trustees

Independent examinerfs report to the directors of Aspire Community Enterprise (Sheffield) Limited I'the
Companv)
I report to the charity directors on my examination of the accounts of the Company for the year ended 31 March
2025.
Responsibilitie5 and basis of report
As the directors of the Company you are responsible for the preparation of the accounts in accordance with the
requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the Company 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 your company's accounts
as carried out under section 145 of the Charities Act 20111.the 2011 Act'l. In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act.
Independent examinerfs 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-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,. or
the accounts do not accord with those records,- or
the accounts 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
the accounts 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 organisations preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021.
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 accounts to be reached.
Signed:
Susan Cochrane, FCA DChA
Seven Hills Accountants Limited
57 Burton Street
Sheffield
56 2HH
Date-
11 Aug 2025

Aspire Community Enterprise (Sheffield) Limited
Statement of Financial Activities (incorporating the income and expenditure account)
For the year ended 31 March 2025
Unrestricted Restrirted
funds
fvnds
Total Unrestricted Restricted
2025
funds
funds
Total
2024
Notes
Income from:
Donations and grants
8.654
2.750
11.404
6.315
45,149
51,464
Cha ritable activities
221,480
221,480
216,969
216,969
Investment income - bank interest
717
717
827
827
Surplus on disposal of assets
4,500
4,500
Total income
230,851
2.750 233,601
228,611
45.149
273,760
Expenditure on:
Cha ritable Activities
257.339
1.007
258.346
235.492
1.567
237,059
Total expenditure
257,339
1,007
258,346
235,492
1,567
237,059
Net income/(expenditure)
126.488)
1.743
124.745)
16.881}
43,582
36,701
Transfer between funds
12
44,728
{44,7281
Net movement in funds
126.488)
1.743
124.745)
37,847
11,1461
36,701
Total funds brought forward
112,718
400 113,118
74.871
1,546
76,417
Total funds carried forward
86.230
2.143
88.373
112,718
400
113,118
The statement of financial activities includes all gains and losses recoEnised in the year.
All income and expenditure derive from continuing activities.

Aspire Community Enterprise (Sheffield) Limited
Balance Sheet
As at 31 March 2025
Total
2025
Total
2024
Notes
Fixed assets
37,641
45,080
Current assets
Debtors
Cash at bank and in hand
Total current assets
5,473
53.284
58,757
5,522
69,401
74,923
Creditors: amounts falling due within one year
io
18,0251
{6,885}
Net current assets
50,732
68,038
Total assets less current liabilities
88,373
113,118
Creditors: amounts falling due after more than one year
Total net assets
88,373
113,118
Fund5 of the Charity
General funds
Designated funds
Total un restricted funds
Restricted funds
86,230
112,718
li
86,230
2.143
112,718
400
12
Total funds
13
88,373
113,118
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act
2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small
companies, regime.
Approved by the Board on 23 July 2025 and signed on behalf of the board by:
Hayley Koseoglu
Cha ir of Trustees

Aspire Community Enterprise (Sheffieldl Limited
Notes to the Accounts
For the year ended 31 March 2025
Accounting Policies
General
Aspire Community Enterprise Isheffieldl Limited is a charitable company in the United Kingdom limited by guarantee. In the event
that the charity is wound up the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the
registered office is given in the company information on page l of these financial statements.
The financial statements have been prepared in accordance with the Statement of Recommended Practice= Accounting and
Reporting by Charities preparing their accounts in accordance the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 (second edition), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland
IFRS1021 and with the Charities Act 2011. The financial Statements have taken advantage of the exemption to prepare a Statement
of Cash Flows.
The charity meets the definition of a public benefit entity as defined under FRS102. The financial statements are presented in
sterling which is the functional currency of the charity and are rounded to the nearest £1.
Income
Income is recognised when the charity has entitlement to the funds. any performance conditions attached to the itemlsl of income
have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has
entitlement to the funds, any performance condition5 attached to the grants have been met, it 15 probable that the income will be
received and the amount can be measured reliably and is not deferred.
Contract income is included in the year in which the service took place.
The value of donated goods are recognised only on sale as the trustees consider that the costs of valuation outweigh the benefit to
user5 of the accounts and the charity of this information.
Donated goods and services
Donated goods - the value to the charity of donated goods sold is recognised as income when goods are sold, as it is deemed
impractical to estimate the fair value of donated good5 for resale because of the volume of low-value items.
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any
conditions associated with the donated item have been met. the receipt of economic benefit from the use by the charity of the item
is probable and that economic benefit can be measured reliably. On receipt, donated professional services and donated facilities
are recogni5ed on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to
obtain services or facilities of equivalent economic benefit on the open market: a corresponding amount is then recognised in
expenditure in the period of receipt.
Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that
settlement will be required and the amount of the obligation can be measured reliablv.
Irrecoverable VAT is charged as a cost against the artivity for which the expenditure was incurred.
Tangible fixed assets
All items of capital expenditure below £500 are written off as incurred.
Depreciation has been calculated to write down the cost of all tangible fixed assets over their expected useful lives on the following
basis:
Motor vehicles
Fixtures, fittings and equipment
6 years straight line leaving IO% NBV on the balance sheet
3 or 5 years straight line
io

Aspire Community Enterprise {Sheffieldl Limited
Notes to the Accounts Icontinuedl
For the year ended 31 March 2025
Accounting Policies (continued)
Trade debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transartion price. They are subsequently measured at amortised cost using the
effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there
is objective evidence that the company will not be able to collect all amounts due according to the original terms of receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits. and other short-term highly liquid investments that are readily
convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from
suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of
the reporting period, to defer settlement of the creditor for at least twelve months after the reporting dote. If there is an
unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated fund5 are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a
specific purpose.
Restricted funds are to be used for specific purposes as laid down by the donor.
Defined contribution pension scheme
The charity contributes to a defined contribution pension scheme for the benefit of the employee5. The pension costs charged
against net incoming resources are the contributions payable to the scheme in respect of the accounting period in accordance with
FRSIO2.
Operating lease rentals
Rentals under operating leases are charged to the Statement of Financial Artivities on a straight line basis over the lease term.
Taxation
As a charity, the organisation is exempt from tax on income and gains falling within the available tax exemptions to the extent that
these are applied to its charitable objects. No tax charges have arisen in the charity-
Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist.
The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from
authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity
to be able to continue as a going concern.
li

Aspire Community Enterprise {Sheffieldl Limited
Notes to the Accounts Icontinuedl
For the year ended 31 March 2025
Income from donations and grants
Unrestricted
fund
Restrirted
funds
Total Unrestricted
2025
fund
Restricted
funds
Total
2024
Facey Family Foundation
Sheffield Town Trust
The Queen Victoria And Johnson Memorial Trust
J G Graves Charitable Trust
Harry Bottom Charitable Trust
Investment for Growth Fund - ERDF
Sheffield City Council
Gripple Foundation
Garfield Weston Foundation
Donations
3.000
i.soo
3,000
I,soo
750
3,000
2,500
3,000
2.500
1,000
2,400
750
1,000
2,400
2,000
24,999
6,750
24,999
6,750
450
450
10,000
10,000
815
3.704
3.704
815
8,654
2,750
11,404
6,315
45,149
51,464
Income from charitable activities
Unrestricted
nd
Restrirted
funds
Totsl Unrestricted
2025
fund
Restricted
funds
Total
2024
Recyclables
Sales
Packing and mailing
40,046
181,434
40,046
181,434
33,252
183,632
85
33.252
183,632
85
221,480
221,480
216,969
216,969
Expenditure on charitable activities
Unrestrirted
fund
Restrirted
funds
Totsl Unrestrirted
2025
fund
Restricted
funds
Total
2024
Note
Salaries
Cost of goods sold lincluding delivery)
Volunteer expenses and training
Shop expenses
Rent
Rates
Electricity & heating
Insurance
Repairs and maintenance
Telephone
Motor running expenses
Marketing and social media campaign
Bank charges
Professional fees including ISO accreditation
Fees and subscriptions
Depreciation on fixed assets
Sundry expenses
Trustee payments re administration and
fundraising
Independent examiner's fee
ISO,754
33,456
5.921
150,754
33,456
6.928
132,069
30,405
6,120
132.069
30,405
7.120
567
32.838
2,359
2,308
3,671
59
1,068
4.004
1,025
682
l.(K)7
1,000
567
30.163
2.190
2,604
5.594
30,163
2,190
2,604
5.594
32.838
2,359
2,308
3,671
59
1,068
4,004
1,025
682
1.068
3.317
4.601
662
1.068
3,317
4,601
662
3.509
1.177
8.159
544
3,509
1,177
8,159
$44
4,022
1,411
8,182
781
4,022
1.411
8,182
781
2.590
1.030
2,590
1,030
3,363
1,125
3.363
1,125
257.339
1.007
258.346
235,492
1,567
237,059
12

Aspire Community Enterprise {Sheffieldl Limited
Note5 to the Accounts Icontinuedl
For the year ended 31 March 2025
Stsff Costs and Numbers
2025
2024
Salaries
Employer's Nl contributions
Employer'5 allowance
Employer's pension contribution
144,773
9,668
15,0001
1,313
127,553
8,707
15,0001
809
150,754
132,069
No employee received emoluments of more than £60.00012024'. nill. The average number of employees during the year wa5 7.9
12024= 7.31.
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the
company in an independently administered fund. The pension cost charge represents contributions payable by the company to the
fund.
Trustees remuneration, benefits and expenses
The charity trustees were not paid or received any other benefits from employment with the Charity in the year12024.. £nill.
neither were they reimbursed expenses during the year {2024: £nill. in their role as trustees.
Patricia Parkin was paid an honorarium of £2,856 during the year for providing administrative services to the charity12024= £3,115).
Liz Grasso,a trustee was paid to be a fundraiser during the year. She was paid £591 during the year for providing fundraising
services to the charity12024: £2481.
The above 5upplie5 of goods and services are allowable under the memorandum of a550ciation. No other trustees received
payment for professional or other services supplied to the charity-
Fees paid to the independent examiner's organisation
2025
2024
Independent examination fee
1,030
1,125
Other fees paid to the independent examiner's organisation..
Taxation services
Other services
200
345
545
621
621
13

Aspire Community Enterprise {Sheffieldl Limited
Notes to the Accounts Icontinuedl
For the year ended 31 March 2025
Tangible fixed assets
Fixtures.
Motor
fittings &
vehicles equipment
Total
Cost or Valuation
As at l April 2024
Additions
50.032
21,252
720
71,284
720
As at 31 March 2025
50,032
21,972
72,004
Depreciation
As at l April 2024
Charge this period
7,505
7,505
18,699
654
26,204
8,159
As at 31 March 2025
15,010
19,353
34,363
Net Book Value
As at 31 March 2025
35,022
2,619
37,641
As at 31 March 2024
42,527
2,553
45,080
Debtors
2025
2024
Trade debtors
Prepayments
Taxes and social security
4,687
626
160
2,655
626
2,241
5.473
5,522
10 Creditor5: amounts falling due within one year
2025
2024
Trade creditors
Accruals
Taxes and social security
5,173
1,030
1,822
5,560
1.325
8.025
6,885
14

Aspire Community Enterprise {Sheffieldl Limited
Notes to the Accounts Icontinuedl
For the year ended 31 March 2025
11 Designated funds
There were no designated funds during the year ended 3110312025
Prior yeor comporison
Bmught
forward
Corried
forward
Income
Expenditure
Tronsfers
Motchfundingfor new vehicle
8.283
(8,283)
8.283
(8,283)
The trustees had set aside motchfundingfor a new vehicle. The vehicles were purchosed in Moy 2023 ond thefund balance
transferred to generalfunds as the use of the assets Is not restrirted.
12 Restricted funds
Brought
forward
Carried
forward
Income Expenditure
Transfers
Volunteer expenses
Sheffield Futures - dyslexia software/driving lessons
2.750
11,0071
1,743
400
2.750
(1.007)
2.143
Volunteer expenses
Money given by The Queen Victoria And Johnson Memorial Trust and Harry Bottom Charitable Trust towards volunteer travel costs.
£1,743 remains at the year end to be spent on volunteer travel.
Sheffield Futures- dyslexia softwareldriving lessons
Money was given to purchase dyslexia software. The funders enabled this to be spent on driving lessons instead and these will be
undertaken as soon as is reasonable.
15

Aspire Community Enterprise {Sheffieldl Limited
Notes to the Accounts Icontinuedl
For the year ended 31 March 2025
12 Restricted funds {tontinued)
Prior year comporison
Brought
forword
Carried
forword
Income
Expenditure
Tronsfers
Sheffield Philanthropicfund
Work benches
Volunteer expenses
Sheffield Futures - dyslexio softwore/driving lessons
Vehicle purchoses
Sociol Enterprise Support Fund (UnLtdJ
256
(256)
2.400
(2,400)
(I,oooJ
400
400
41.749
(41, 749)
(579)
(311J
1.546
45.149
(1,567)
(44, 728)
400
13 Analysis of net assets by fund
General Designated Restricted
Funds
Funds
Funds
2025
Total
Fixed assets
Net current assets
37,641
48,589
37,641
50,732
2,143
86,230
2,143
88,373
Prior year comporison
Generol Designated Restricted
Funds
Funds
Funds
2024
Totol
Fixed assets
Current ossets
45.080
67.638
45,080
68,038
400
112.718
400
113,118
14 Related party transartions
The charity received grants from charities for which James Fulton is a mutual trustee. He always declares a conflict of interest at any
meetings and does not take part in the discussions or decisions regarding any Erants that may be made.
2025
2024
Sheffield Town Trust
The Queen Virtoria And Johnson Memorial Trust
1,500
750
2.250
2,500
1,000
3,500
The charity is based at SOAR works, owned by SOAR Enterprises Ltd. for which lan Drayton is a mutual trustee. The following
amounts were payable to SOAR Enterprises Ltd, all transattions were at market value:
2025
Rent
Electricity
Telephone
Sundry expenses
30,163
2,604
1,068
51
33,886
There were no further related party transattions during the year other than those noted in note 6.
16

Aspire Community Enterprise {Sheffieldl Limited
Notes to the Accounts Icontinuedl
For the year ended 31 March 2025
15 Operating lease commitments
As at 31 March 2025 the charity was committed to making the following payments under operating leases as follows..
2025
2024
Payable within l year
Payable between 1-5 years
7,665
7,665
7.665
7,665
17