COMPANY REGISTRATION NUMBER: 06624568 CHARITY REGISTRATION NUMBER: 1126093 Inspire Middleton Company Limited by Guarantee Unaudited Financial Statements 31 March 2024 OMPSON JONES B INESS SO Chartered accountants 2 Heap Bridge Bury BL9 7HR NS LIMITED Inspire Middleton Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (Incorporating the directorfs report) Independent examinerfs raport to the trustees Statement of financial activiiies (including income and expenditure account) Statement of financial position 15 18 Notes to th8 financlal statements 19 Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2024 The ttuste￿, who ar¢ also tbe direciors for the purposes of coinpany law. pr¢sent their report aDd tbe unaudited rinancial statemcnts of the charity for the year endcd 31 March 2024. R¢ferelle¢ and Adminigtrative detalls Rcglstered ehftrlty name Inspire Middleton ChArlty reglstratlon number 1126093 Company registratlon number 06624568 PrinelpAI 0￿1¢¢ And reglster¢d Offlce 18 Aylesbury Grove Middlcion Manchester M24 2TG Tho trustees C.A. Roach J.L Roach K. Hughes S.M. Howarth M, Lee B. Mudziiygwa Independent examiner Mr C. um￿lOll A.C.A. 2 Heap Bridge Bury BL9 7HR Structure* govérnlnet And manAg¢ment The ciitTent Memordnduni and Articles of Association thgLt govem Inspire Middleton are those dated June 2008 as ainend¢d by Spccial Rcsolulion no. I dllted 3rd September 2008. which are regislered with Conipanies Housc and which hav¢ been accepted by th¢ Charity Commission of Engl8nd. All work Carried out is as idenlificd in thes¢ documents. Elcction to the Board of Truste￿ is operk to other individuals or organisations who.. (a) apply to the Charity iii th¢ forn] rquired by thc Directors. and (b) are approved by the Dir¢ctors. All ¢urr¢nt and fjjture work is monitored through regular trust¢¢ meetings. Trustees will sup¢rvise and manage the nijing of the work to ¢i￿Ur¢ that tb¢ charity is compliant with its aims and objKltves und operdting within the Charity Comniissions &niidelines as presentlyconstituted. Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2024 Objcctfves and activltfies Publ1¢ Benefit Statement (l) To develop the capacity and skills of th¢ m¢mbets of the socially and economically disadvantaged community of Middleton, North Manchester in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society. (2) To piDiiiote, for the benefit of the public, the efficiency of the police in Middleton. North Maii¢hester ￿]d to promote good citi2enship and grea*r public participation in the pr¢vention and solution of crim¢ in the area. (3) To advaiJc¢ in life and help young peopl¢ through: The provision of r¢¢t¢atioiial and Icisure lime ll¢livities provided in the intcrcst of social welfare, designed to improv¢ their condilioiis of life. providing support and activities which develop their skills. capacities and capabilities to cnthble them to participate iii so¢iety as mature ond r¢sponsible individuals. (4) To irlieve persons who are in condition of need. hardship or distress by reason of their social and ¢oonomi¢ ¢ir¢umstances in particular but not exclusively by ihe provisioii of a drop in centre. (5) To provide ¢ducatioii and training for the persons refe￿ed to in Clause 4. (6) To pr¢s¢rv¢ and protect the good health of the persons ref¢tr¢d to ill clause 4. (7) To adv￿]Ce thc Christian reli8ion. The tiuste¢s b¢li¢v¢ that these objective4 Clearly demonstrate the concept of Ilpublic beiiefiv,, as specifi¢d in S¢ctioii 4 Charili¢s A¢t 2011. Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (Mnunued) Year ended 31 March 2024 Aehlevements and performanee Charity Overview We are a eommiinity development Charity and our aims are to inspire thc pcople, places and organis&tions of Middleton. We describe the way we work as 'the plani poi model,, the pot being the container in which things ar¢ grown. Oiiee grown people focus on what is produeed rather than the pot ihcy ar¢ carried in, and so it is with us. People ore our focus. not ourselves. Inspir¢ Middletoii runs a varÉety of commuiiity projects and a¢tiviti¢s through which the charitys objective5 are advanced: these project are Ihe names that the public are more faniiLiar wirh. Thcy include, the Lighthoiise PrOJ￿t, our drop-in slylc comniiinity cenlrelhub, Middleton Central Foodbank. Lighthouse Money Advice our FCA registered debt scrvic¢, and ih¢ Lighihousc Pantry. The Glwrity operates ou¢ of leased premises on th¢ second floor of Middleton SIIoppinB Centre right in the Iieart of Middleton town ccntr¢. We moved into these premiscs ID December 2016 on a 3-y¢ar Short-l￿rn le8se, and subsequeiiily were ablo to agree a le4s¢ for a fi]rther ten yeaTS, running from Decembcr 2019 - Decenibcr 2029. The building and its location contributc significantly to the su¢c¢ss of our work, We are centrally located, have ease of &¢cess in l¢nns of transport ai)d disabled facilities, and have good regular passiilg footfall. Our pr¢senc¢ also ¢onlribules to the wellbeing of the Shopping Centre as the people visiting us or attending our activitics also visit the local shops. Tht Llghthou8¢ Proj¢ct is one of our specific charitable obj¢¢tives, and As a coinmunity anchor oiyni$alion it is a hub iised as the main outlet for advancing many of our oih¢r charitable aims. Mlddleton CentrAi fioodbank is efrlocated within the Lightliouse Project, and it is run as part of Ilie natioiial Trussell Trust foodbank nett¥ork, in collaboration with lo¢al churches, tackling individual oris£s. poverty and hArdship. The Lighthouse Pintry is a membership food club helping people and families stTugglin8 to cover their w¢¢ldy/monthly household costs, it offcrs them acccss to supennarket surplus food to reduce their weekly food costs leaving them with more money lo spend on other hous¢hold costs. The Panty is part of a growing iiaiional n¢twork opei'ating und¢r the baiiner of Iyour Local Pantry, managed by Church A¢tlon on Poverty. The Lighthouse Money Advlee service is a FCA accrcditcd dcbt advice service run as part of the Communlty Money Advl¢e network. The service offers free advice 8iid fac¢-to-face support for pcople experiencing personal debt ai)d financial Crisis. Many of the clients ar¢ refenxls from the FoodbanL or Panty and 5¢v¢ral of our team are dedicated to supporting Foodbank and Panty membcrJ. Hlghllghts Project Activity Summary AttendJn¢¢ hiho ct With th¢ challeng¢s of Covid-19 largely behind us we have thankfully seen a recovery in attendance at the Lighthouse, which is now looking more like our pre-covid levels. Her¢ ar¢ som¢ of the Lighthouse PN)ject Highligknts for 2023-2024, wbith is a summary of all Attendauccs and sessions. Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (contlnued) Year ended 31 March 2024 Highlights l. Annual Footfall of - 35,634 attendances during the year (which is 96•/0 of pre-covid target of 37,000) - w¢ are ther¢fore seeing a h¢<hy return of attendance foT our social groups and &ctivilies. 2. Sesslons - during the yc8r we ran 5,360 session￿actiV1tieS 8UPPOrting people's needs. This includes structured sessions, unstructured drop-in and advi¢¢ sessions, social, leisure, aNlcraft scssions, etc, 3. Indlvidual Vlsltor$- 2,489 different people/vi8ltors were dI￿dY supported during the year. 4. New Vlgltors att¢ndlng- 1,669 new people who first visited between l April 23 - 31 March 2024. Peopleifiamllies F¢d an The Foodbank opcns twice a week offering volunteer led support and food pareel distribution. In emergcncies we also give out food parcels at othw times of th¢ week through ihe Lighthouse. Highlights l. Diirii)g the reporting period th¢ Foodbank redeemed 1147 vouehtrs, which is slightly below the nunther of vou¢hers issucd iii tlic previous y¢ar, bu¢ is still & high numbcr of families in i)eed. 2. Soiiie of this l¢velling off is because of the p&rtnership with the Lighthouse Pajitry where reBular users of th¢ foodbank a8 offcred nicmb¢rship in Ihc Pantry tss a progressiv¢ step towards self-manageii)ent. This is a positive thing r¢ducin8 allcndance at th¢ Foodbank and helpiiig fainilies lo movc away from reliance on emergency support. Th¢ Paiity is also used to C8lch families who are starting to struggle to help them b¢fore they need to use the Foodbank. 3. The food parcels we issued provided the equivalenr of 61.100 ineal$ during the y¢ar, supporting 2596 adults chlldr¢n, who Came from 700 different famili¢s. 4. The foodbank recelved 30 tonnes of food donatlons during the year from a variety of groups, individuals and or8anisations, which is excellent giveii that our donor5 have also been facing their cost-of-living challenge$. 5. The foodba1￿ gove #way 27 tonn¢$ of food in its 3-day emergency food parcels. This equal¢s to approx. 61,100 meAls valued At over £61,000. Throughout the year we also donate surplus or short-dated food to other groups providiiig food support lo families and individuals that we can't reach, ¢,8, local veteran's groups. We choose not lo operate in isolmtioii and support other groups where we can. Tliis builds wider community. In u typical year we would nornially ¢xpect to give out 8 similar amoiint of food to what we receive. 6. To help identify people in need within the community, th¢ Foodbank has over 60+ r¢fettal agencies on its books, which iiicludes, lo¢&1 schools. community groups. churches. and other support agencies. These are the primary eye- and-cars of the fOodb￿lk. W¢ also acccpt ref¢nls from orgaiiisations not on our books to ll￿ke sure there are as few barriers as possible for families lo get access to crisis food support whilst still maintainiiig approprtate checks and balances from the referrers. New referrers are then offered the opporttinity to join the Foodbank's list of regular referral agencies, Inspire Middleton Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Icontlnuedj Year ended 31 March 2024 The purpose of using a referral systein is to eiisure that people receive additional support ￿levant to their need or circumstances. not just siniply giving then) a bag of food for the short terni. The Lighthouse Paiitry opens for three sessions per week during the year, typically 5UPPOrting 100-1 10 families per week. Dernand for Panty meMb¢￿bip remains high and wc have a wailing list to try and mitigat¢ and manag¢ demaiid. This 15 regularly r¢view¢d. There is a practical limit to how many famili￿ the Panty can support, which is our ability to a¢eess enough food to support th¢ w¢ekiy sessions. The Pantry needs over1,500 it¢ms ¢a¢lL w¢¢k w stock the shelves, which is sourced from donatiorts, or full-priced purchases. Maintaining enough stock to support over 100 families per week is an ongoing challenge. Highligiits l. The Panty ran L50 ses$lons, and supported 5100 member vlslts duriiig the year. This was a slight incre&s¢ in the nuinber of members attendi118 over the same period 18St ycar. The demand is sustained by the growing nuiiibcr of peopl¢ strug81iii8 Wlth low income. and thc ongoing national cost-of-living crisis. 2. We supported 370 dl(ferent famffillcs (23Yo increase), and within these families th¢r¢ w¢r¢ ali addltlonal 402 adults or chlldren, so colleclivcly the P8ntry supported 768 people during Che y¢ar. 3. The Paiity supplied 5100 'b8skets' of food for meinbets to use. A weekly basket is typically valued at belween £25- 30, which would have an eslimaied rctail value of between £127,500 - £153.000. 4. This means that for every £1 members spent (£4.50 1 week) they received an average of £6.67 worth of food in r¢ttirn! This is an exeellent social T¢tum of value for them. S. This produced a potential saving of £1,275 per family on their annual food bills, which leaves more inoney available for other household cxpendilure, which ts one of the prin￿ry airns of the Pantry. 6. In addition to this we gave families 2 weeks of free attcndanee during tlic year. Collectively the Panty and Foodbank provided food support for 3,360 individuals from 1.070 fllmilies. Finxnelal & debt Support ne The Lighdiouse Money Advice service provid¢s access to daily face-to-facc appointmeiits for p¢ople necding fin￿)etaI help ￿]d support. We are one of only 2 organisatioiis in the whol¢ of the Rochdale Borough who do this. It is widely recognised by the gov¢minents Money and Pensions Service (IMAPS) that there is a national shoitag¢ of face-to-fa¢¢ appointinents available for people in debt. There is plenty of online, or self-h¢lp type servic¢s, but so little diir¢l fac¢-to-fa¢e siipport. Tliis is what w¢ are workin8 to chanse. Here are sonie of the Highlights from the year. Highlights l. During the year the team WOTked with 699 different ¢li¢iits (44Yo increase) who made use of our service on ut l¢ast Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (contlnuedj Year ended 31 March 2024 on¢ occasion, attending 2,100 appointments, and experiencing collectiv¢ p¢rsonal debts ¢stimated at £1.32 millioll in total value. 2, Of tliesc we bad 345 new clients (350/0 increw) requesting 8UPPOrt. 3, From the elients supported during the ycar. £406,248 worth of debts were removed by Debt Relicf Orders (DRO'5), and a fuither £39.885 was written off by creditors- totalling £446, 133 of debt relief. 4. Many oilier clients tackled their debts thro11￿ the usc of other options such as Debt Manag¢m¢nt Plans valued at circa £6,700, Bankruptcy valued at £34,900, or IVA valued at £32.300 = £73,900. 5. For cli¢nts helped with benefit advice we recoryl¢d over £471,000 worth of grants, or ben¢fJt increases or expenditure rcduction5 during rh¢ year. 6. This tolals over £99 Ik fin￿le1￿1 b¢nefitslrelief gained by people we have supported. 7. For each clicntlfamily support¢d by the service th¢ knock on b¢n¢fits of improvement in health, mulal health and general wcllbeing are clear to see once they start ro get help, or they sec their deblslbenefits beiiig reducedlincreas¢d, or removed. In many ¢ase$ thesc iinprovements are collsidered by the ¢lients as 'sigiiifi¢aiit', and soine would even say 'life changing,. Computer Classes, Employment, Skllls and Gettlng back Into work The Lighthouse Project is part of the National Digital Inclusion Network. fomivly the UK Online Ceiiire neNork, And throiigh this wc support p¢opl¢ with free access to the iiitern¢t, and access to ￿tor ￿]d peer supported f￿e basi¢ conipuler trthining. This is part of oiir Contribution to tackling digitsl exclusion which remains stubbomly high at over 20/0 of peoplc iii the UK. This work was halted completely during the Covid-19 p&nd¢mic, and sinec then has gradually bceli picking up. Thc uptake of attending Computer courses has been slow and not at the levels wc havc previously seen. This is tl)erefore still a work in progress in teniis of rc-engagin8 people, We offered some employability Support diiring the year, however this was also a reduced amount coinpared to p￿- ptllidemic l¢v¢ls. It involved a cornbination of Temote internction aiid support, and face-to-faee engagenient. Highlights l. During the year we supported 99 people pcople ait¢nding over 2150 rfmes througli 269 sessions. Witli tIiis 54 p¢ople attended Leam My Way basic computer skills training courses. We aiilicipatc that this will ¢ontinue lo increasc through thc coming year. 2. During the year our employability Sessions siipported 88 p¢opl¢ who iver¢ looklng to Improve thelr Ilfe chanees by d¢v¢loping their cmployability attd job huiiting skills and to help them gel back into work, or improv¢ thcir chances of getting back into work. 3. Of these people we recorded 110 Attendanccs for activities related to actively looking for work. improvin8 their job hunting skills, and improving Work place skills through onliii¢ l¢arning and face-to-face appointments. 4. We provided CV support for 63 p¢opl¢, and 37 people attended job huntin8 s¢ssions to help thein get back into work. Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2024 F*mSly Chlldren support- Toy Appeal Over the last six years we have organised an annual 'Toy Appeal, aimed at collecting toys and games from the general public lo support Lighthoiise Proje¢l faniilies, and others who niay be r¢fwed to us from partner organisations, includiiig local schools and foodbank referrnl agencies. Its aim is to ensure that as niaiiy of the families we work with, or are connected to. are able to have some roys and gifis to open at Christmas. As with previous years we were supported by many local organisations, individiials, aiid s¢hools who colle¢t¢d toy donalions for us to giv¢ out. Middleton Shopping Centre. our local Tesco Extra, and several o¢h¢r groups helped with the promotion and setting up of collection points, In the shopping centre & 'Giving Tree, was used as an alteniatiV¢ lo their r¢gular annual Santa's Grotto. The local communicy have been ¢xtremely generous when it comes to siipportiiig the Toy Appeal, and it is safe 10 say that we were inundalcd witli toys, gifts and financial support for tlie Appeal. Highlights l. We were inundated with local support providing toys, gifts and fin&n¢ial donations. 2. We were able to support 193 chlldren from 84 dlffertnt famllies. Each child receiving at least one inain presejit, 4 mediuni presents, 3 small presents, a game, book, confection¢ry, and stocking fillers. 3. 32 childr¢n camc froni the Llghthouse Projcct, foodbank and pantry famllles, 40 farnilies were referred through local Schools, 5 cliildren canie from sclf-refcrr#l$or otlier faniily contacts, and 7 childreii canie froni Llghthouse Money Adviec familles. 4. The local school8, as well as iiominating children, also atrniiged fvn themed loy ¢ollections, sponsored rui)s and devised odier int¢r¢sting ways of giving toys and donating money. 5. We received over £2,300 in cashlvoiicher And online donations whicb help us buy tar8etcd gifts and gift cards to fill gaps iii the types of toy8 donated, And so we coiild help and support different aged children, This made sure that no- one miss¢d out. 6. We also supported aiiother local Conununity centre, Biirnside, who we woth wilh regularly¥ by providing them with additional toy donations from which they w¢r¢ abl¢ to set up a 'toy bank, to support soine of their own families. Soclal Lelsure and He41th Actlvltles During Covid-19 all of our Social and L¢isiire activities were slopped over-night. so once restrictions were lifted we lit¢rally had ¢0 start all over a8ain. Thankfully this has been a successful c&mpaign and over the last 2 years we have sceii a growth in attendance for all the groups w¢ &re Nnniii￿hO8Iins. The types of groiips and activities inrlude, knilting s¢ssioiis, arts, craft and card making, photography, walkin& a Tea Disco, quiz aiid gaming sessions, and cooking. With others still to d¢velop. Here ar¢ some of our highlights, Higblighis l. During the year 2023124 we ran over 700, sociaMeisur¢lheath related sessionfJacts'vities (an increasc of 94/0 on last year- 2022123). 2. Thes¢ activities which were attended 8,749 tlmes by 400 differont people. 3. The #ctivities aim to ¢ackl¢ social isollltion and poor healthlmental health by off￿1￿8 Oppo￿nItieS for people to connect with otEl¢￿, make n¢w friends, leam new skills. and improving their healtli. This included physical events, sucb as walking. leisure activitieslinter¢st group5, und some social groupslgatheritigs. Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢ontlnued) Year ended 31 March 2024 Oth¢r Achicv¢m¢nts and Developments Core Staff: This ye&r the tn15t¢¢s want to again acknowledge and give thanks to our core staff team who worked so hard during tlie year, Pain Semp, Cath Stott, ￿]d Carl Roach, wbo all live locally in Middleton, aiid who have such & great passion to see th¢ Community changed and trallsfonlled. This ream continue to inspire and innovate io order to advance and progress die Charitys objectives. Their work is lo be g￿tlY commended. The collaboration and flexibility of the core team is one of our or8ai)is&lioiial strengths. and is key to niaking SUT¢ that all of our s¢rvi¢¢s are integraled and work in concert, and their efforts underpin all that we do. Well done, and thank yoiit Your work is often un5¢¢n by the majority, but it do¢sn't go unnoticed by those who see behind the scenes. Volunteers: Our volunteers provlde a sigiiificant amount of support to our wo￿. and without them it woiild be di￿LcuLt, or expensive to provide the same amoiint of help and support that chey offcr to us. We've calculated that Ih¢y typi¢ally provide over 12,000 hours of free support, which if we had to pay for would cost over £160,000 per year. The Lighthous¢ Project is about empowcring peopl4 which includes our volunt¢er6. To M￿.k th¢ir contribution to our work we held a Volunteer Celebration in October 2023. This was attcndcd by over 60 volunt¢rs, including Steve Coogaii oiir Lighthouse Project patron as a special guest handing out Ihc awards. Duriiig the ev¢nt we 8ave out 92 awards across 9 different categories. it was a 8r¢at evening of eelebiation, and thaijkful reflection of all that they have helped us to achicve. Our Premtse$.' Our inain base is the Li8hihoiis¢ Proje¢l Community Hub located in Middleton Sliopping Centr¢. This ¢nlre makes a significant coiitribution lo the success of our work. It is a great place for a coinmuniry hub as we are accessible to the whol¢ area, and it allows lis to work with a wide variety of people and scrvices in supporting tlie commuiiity. Bciiig ccnlrally located means we offer eas¢ of a￿¢$$ in ternis of transport and disabled facilities, and we also have good amount of regular passing fooifall. We are parl way through a l O year lease which offetE us stability and Ion8evity in lem)s of building and sustsining the work and $ervices we provide. Development of our Systems and f4cllltles: this is an ongoing process wher¢ we i¢view and adapt our infrastrurture aiid adniii) systems lo lielp us bc 'light of fool, and continually improve how we work. We continue reviewing our activity recording and general record keeping, which provides us with better insights Into tlie iinpact we are having. In ttirn this giv¢s us grcal¢r OPPOTttinities to leLI a morc compl¢te story, develop our capacity, and improve how we 8¢rve and support people, which in tum makes us a more robust and stronger orgaiiisation. We want to improve how we tell the story of the impact our work niakes. and to the developma)t of our fundraisin8, sustsinability plans, and strategic planning. Ar¢as we have b¢¢n working on in¢lud¢: l. Improved staff communication and managemcnt. 2. Improveinent of Visitor and Aciivity database (Laniplight) to record inforn]atioii about individual &ttendanc4 pi'ogression and engagemen¢. as w¢ll as ¥tiYity recording and SuMn￿ry ￿)￿Y$l$. 3. Softwar¢ updates for n]anaging Panty membership ￿]d payments, including th¢ introduction of online knd coiitactlcss payments and donations. Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2024 4. Stocktaking processes for Panty stock management improving our understanding of thc financial benefit that Panty membership provides. 5. Specialist Debt management software and clieni engag¢ment software. 6. Proniotion of our new 120 seat capacity conferei)ce, and training ￿ld activity rooms. These are spaces we also use for our own aclivitics as well as being a r¢source for the community. These spaces also allow us to activities for larger groups and ev¢nts that iiecd more space. ¢.g. tea-dances, exercises, tabl¢ tennis competitions, exhibitions, and larger group meetin8S. 7. Updalillg aud d¢v¢lopnient of the Lighthouse Project website, and oth¢r soeial njedia outlets. Our Communlty Implet Our work r¢mains people ¢entred and solulioii fo¢iissed, and by tskiug a community development aPPToach oiir impact incrcases as we support niore ongoing ne¢ds and challenges. Our biggest and most Jjoticeable impaGt Temains the support off¢red through our food projects And tli¢ Lighthouse Money Advice service. All thrce have remained strong and eff¢¢ttve in the face of tlie on8oiiig cost-of-living crisis and the negalive effects of expanding l¢vels of poverry faccd by our community. Thankfvlly these projects arc taking the strain aiid w¢ have managed to rcmnin st¢adfasl and stron8 during this ycar, whilst also looking ahead to find ways of doii)g thiii8s in a betl¢r way. Through borh food proj¢cts we have ensured that ovcr a 1.000 faniili¢s have had regular food on their table, bcen abl¢ to fccd their kids, and ttble to save money ¢0 meet otlier household billslcost. Collectively the Foodbank and Pantry have s¢rved and supported 3,360 Indlvldu415 (Adulis and Children) froni 1,070 dlffer¢nt flmllles, and provided the equivalent of 180,000 meals. Thc Lighthouse Money advice service has also seen significant growth in demaiid and it has been a lift-line to niany new people this year, with close 10 44D/o increase iii the number of clients being helped lo face over £ia32,000 worth of debt, It has b¢¢n able to support clients during vcry difficult ￿ld changing tiines. Witii fjJndin8 from different partners we grew Ihe ¢apacity of tlie rlloney advice team. relainiiig our specialist debt aiid b¢nefil staff, hclping nieet til¢ corLtinu¢d and iiicreasing demand for dcbi and benefit advice support. The predicted incrcase in families stniggling wilh tFLeir finances has manifested, fuellcd by th¢ en¢rbry ajid cost of living crisis, the nalioii has beeii experieiicing. Pjrtnershlp Worklng: Our model of operation is built upon partncrship and collaboration. so, in addilton to our owii work we also parttier with and support otlier groups and orgaiiisotions with their work. For example w¢ doiialed lots of toys to th¢ Bunisid¢ Centre on Langley, supporting their Toy Bank, for local families. w¢ also h¢lped them, and others, with biilk food donations in support of their efforts to prepare meals for f4mili¢s and individuals. OUT approach is to complem¢nt and iiot to comp¢te. Th¢ n¢¢ds of Middleton arc substantial and w¢ recognise that no one organisation has the capacity or resoiirces to meet all those needs. Thefffore. it is ess¢ntial that we nurttire and ¢ncourag¢ o collaborative f4pproa¢h of supportin8 the comniunity, with each playtn8 their part and using their skills and resourc¢s to best advaJ)lage. We also participat¢ in many of the community pttv¢ntion networks organiscd through Action Together opcrutiiig as the co-ordinator for niany VCSFE activities in the Borough. Wc attend the Anti-Poverty Network, Welfur¢ Nelwor Food Solutions Network, and We￿ $¢tive in the Economic Support Forum when 1¢ was Tuiiiiing. Our aini is to participate in stra*gic and stNcMrnI refornis as well as providino 'on-the-8round' pra¢ti¢al solutions for day-to4lay needs. Inspire Middleton Company Limited by Guarantee Trustees. An nual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2024 Things we've learned Person centred￿h0]e person ApproAch We remaii) committed to a person centred approach ivhich is onc of the foui)ding principles upon which our work is built. and whilst we ourselves have always believed this to be trne its value in receiit years is being more widely recogni8ed And adopted by other groups. Co-locatioi), aiid co-delivery are also key prineiples we 8dvan¢¢. W¢ hav¢ always used this approach, however it is now becoming Ihe aspiraiion of many other organisations, both large and small. Many organisalions start with a single focus, e.8. Foodbanks delivering emergenry food. or a Panttys making usc of Siipcrmarket surplus lo fe¢d p¢opl¢. but i)ow it is recogniscd that providing additional 'wrap around, support is the iiiosl beneficial of hcLping pcople in a ￿hole person, way. This is the model we have been advocating since we first launched the Liglithol￿e Project in 2010. A good ¢xampl¢ of this inte8raled approach is the th￿t-Strai]ded support provided by the Foodbank, Pantry and Lighthouse money advice service. Each lias its ow]1 strengths but by working togdh¢r they Are inore successful in helping peoplc move away from crisis and return lo being niore sclf-sufficient. If soineoiie 18 in Crisis And ends up at Ihc Foodbank. Ihey will g¢t food, but if theii. crisis is as a i'csult of financial difficiilties they can be supported by the debt or beiiefit adviser lo iniprove thcir S?tuation, and after a while we can IMov¢ them from usiiig the Foodbank into becoming a member of the Panty, where they still save Inoney but are on a progressive joiirney away from poverty towards re¢overy. This is where the benefit of bcing whole person I person centred project Comes into its own. Everyone who uscs the Ligliilious¢ Project ¢oni¢s in via a different doorway d¢p¢nding upon tl)¢ir need or circumstances, but once insido we don't just help them Tl) one way and th¢n say'goodbye,. Thmugh rclationship and aclivc listening we become awar¢ oeother related needs, and ore then able lo link them up with ollier seThices and activities wiihin the centre to progress in thosc areas too. For us it's all about helping people to Cope with or to retnove burdens they are carrying alone, and 8ivxng them access to opportunities, helping them to develop their own poteiitial and findiiig ways of solvin8 problems or needs, In essence w¢ do stuff 'with' people, not'lo, them. Relationship and Trust We value the importance of building relationships and tsvst. The key thing that peoplc &r¢ oft¢n lookiiig for when aceessing support services is the quality of welcome, relationship and trust that they can develop willi you in order to elp them solvc their needs. Siiccess in these arcas means that the impact of the work 15 sl8nific￿tIY amplified, even if all you did was make soineone a cup of lea and list¢ii to them. Providing a 'safe pla¢e' within the commiinity is one of Inspire Middleton's foundalional objective5. and being an accessibl¢ ¢otntnullity anchor organisatloll where people know they will Bet a 8ood welcome, be listened to, and be supported to achieY¢ is our goal. Time and time again we see people opening up to our staff or voliillteets ill ways that they haven't done with other types of organisation, People are often guarded when they talk to agencies, e.g. the council, DWP, their housing -10- Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (continued) Year ended 31 March 2024 provider, etc.. whi¢h Can mean that their underlyiiig iieeds may iiot be fully explained or revealed. Y¢t, wheii they feel safe and welcomed, they will theii often ask for support or share a deeper iieed allowing it to be addressed or supportcd. ChAng4 and the need to adapt Is not always o bAd thing The p&ndemic caused us all to look at what w¢ did, and to evaluat¢ how w¢ Could do it differently to Ineet thc nced5 of the day. We learnt from tbat experienc¢ that'chang¢ is not always a bad thing,. and that'adaptation can actually inak¢ a servic¢ b¢lter', At Ihc Start of Ilie pandernic all of OUT s¢rvic¢s ￿re changed and adapted, and some of Ibe clwi8es we made to bow those services were Nn have been retained as th¢y mad¢ th¢ se￿1¢¢ bett¢r. We hav¢ l¢an)I tEiat w¢ can be adaptable, and that ehange is not to be feared, and acwally a fresh look at the WSLY things are done can prove positive and illuminating. We hav¢ always b¢¢n a reflective organisation and open to chaiige, so, this is something we are not afraid of and realise that flexibility and bein8 adaptable is actually on¢ of our organisational strengths. Emerglng ne¢ds - how the challenge of low income A(f¢ct$ overy area of Ilfe The inipact of low iiicomc is affe¢tin8 more Rnd more people, drawing Ihffln into increasing levels povety and Iiardship. As an organisation this is one of the reasons thal Inspire Middleloii was sel UP* to help improve tlie lives of the pcopl¢ iii Middl¢ton. During th¢ last f¢w years we have begun 10 see the numbor of people experiencing the difficulties of low inconie grow and ¢xpand to the extent that it now Ihrealcns the daily livcs of a $i￿1r1e&￿t proportion of our community. Low irt¢ome also often leads 10 related indebtedncss, Ihc declTne of healihlm¢ntal health, homelessness, and possibly dcsiitution. For us iackling low income and debt is a practical reality as well as a campaign topic. We are not yet a ¢anipaigniiig organisalion, biit we niay well be drawn illlo this, ii)creasingly advo¢atiiig on behalf of p¢ople if th¢ lo¢al ¢conoinics don't iinprovc, and people's lives becom¢ less sustaiiiable. We are already helping people de&1 with the prnctical impact of low inconic, by tacking food insecurity, through the provision of access to food, Andlor hclping them with debts aiid benefits. But these n¢eds are 8rowing, aloiig with the associated impact oil mentAI and physical health and wellbeing. There were already many needs in these areas. We can Iready see that th¢ n¢xt few years are likely to expose a much greater need than those Cur￿ntlY manifesting. A solution needs lo be found, and maybe it is a¢tti8lly many 501utioDS fdther than just one, of how to help people to in¢rease their income. or reduce their expendI￿re. This is not just siinply about improviiig budgeting skills as iiiaiiy suggest. The expenses and outgoings that pcople have are Dot always within their ability lo chaiige, e.g. energy ¢osls, r¢iits. council tax, etc., and n¢iih¢r is their ability lo increase their illcome, so, they b¢¢oine trapped. These societal challenges, which are hug¢ topics, only strei)glhens our resolve to r¢niain whole person focu5sed and pcopIG ¢¢n￿, to streii8ih¢n thc safc spa¢¢, und the co-locat¢d services thot we offer. We need to build nior¢ bridges, to connect with people, ond siipport thejn so that they can be connected lo more opportunities to improve tlieir lives. Worklng Relatlonship5 wlth other organisAtion$ Here is a selection of the organisations we have worked with during th¢ year. or who have used the Lighthous¢ to provide services / activities for visitots. 11 Inspire Middleton Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 - Action To8¢iher- voluntary se¢tor support Albaiiy Logistics - foodbank supporter Alkrington & Junction GP SUTg¢ries, - All Saiiils & Martyrs C of B Church Langley, - Ashdown Phillips - MSC manag¢ment - Barclays Bank- Community spaces Better Health 4 Middleton - communiry activist Broiip - Bowle¢ Primary School - foodbank supportcr - BNI Middleton - emerging bUSin￿S network - BOC - Cardia¢ Care services - CardinAI Langley RC High School - foodbank support¢r Castle Grey Trnining- traiiiing sessions Creativc Health and Wcllbeing - art and CTeativ¢ craft sessions Chris Clurkson MP- Apprenticeship Fair I cxhibition - Church Action on Poverty- Lighthouse Palltry Chinese Overseas Christian Mission - Alpha course and comn)unity coh¢$ion sessions Coniinunity Conlieclors - RMBC advisers - Cominuniry Mon¢y Advi¢¢- Lighthouse Money Advice - Edgar Wood Academy High School - foodbank supporter - Elmwood PriLnary School - foodbank support¢r - Eiiergyworks - Drop-in support group Faresliarc- Food r¢¢ycling- Lighihouse Panlry - FareshareGO- siipemi&Tkct surplus G¢tir- Kocal food delivery orgaiiisalion - GMP - anti fraud advisers - GM Tcnaiits Union Middleton - a now local teiiants support group - Good Things Foundation - National Digital Enclusion Nehvork Hollin Priiiiard of trustees and authori8¢d for issu¢ on 5 De¢¢mber 2024, And are sTgii¢d on behalf of the board by: C,A, Roach Tntstee The notes on pages 19 to 26 fom) part of these financlal statements. -18- Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General information The tharity is a public b¢n¢fit entity and a private company limited by guarantee, registered in England and Wales and a register￿ ¢harity ID England and Wales. Th¢ address of th¢ r¢gistered office is 18 Aylesbury Grove, Middleton, m￿]C1]eSter. M24 2TG. StAtement of eompllanee These financial statements have been prepared in compliance with FRS 102, 'The Fi118iicial Reporting Standard appli¢able iii the UK and tlle Republic of Ireland,, the Statement of Recommended Prnctice applicable to charities preparing Iheir a¢couiits in accordancc with the Finallcial Reporting Standard applicable in the UK and RepiiblTC of Ireland (FRS 102) (Chariiies SOIiP (FRS 102)) and the Companies Act 2006. Accountlng poli¢1 Basls of preparatlon The financial staleiiients have been prepared on the histori¢41 cosl basis. Colng concern There are no material uncertainties about the charitys ability to continue. Judgemenls and kcy $ource$ of estlmatlon uncertalnty Thc prcparation of tb¢ financial statcmciits requires manag¢m¢nt lo mak¢ judg¢ments, ¢stimate8 and assumptions that affect the amounts reported. These esiimates and judgenienls are coiitinually reviewed and are based oil exp¢rienc¢ and other factors, incliiding exp¢ctations of future events that believed to be reasoi)able ulld￿. the circiims¢ances. Fund ace(tyunting Unrestricted funds are available for use at the di￿retiO11 of the trustees to further any of the ¢harity$ purposes. Restri¢*d funds are subjccted to restrictions on th¢ir ¢xpendiMre declarnl by the donor or through the tern￿ of an appeal. In¢omlng r¢$ources All in¢ome is incliided in the stateinent of financial activities when the charity is entitled to the incoine, aiiy p¢rfonnaii¢e r¢lat¢d conditions attached have been mcl or are fully within th¢ control of tli¢ charity, the incon)¢ is considered probable and the amoiint can be quantified with reasonable accuracy. R¢$our¢¢s ¢xp¢nd¢d Expenditure is re¢ognis¢d on an accNals basis as 8 liability is in¢urred, Expeiiditure includes VAT and is reported as part of the expendittire to which it relates: Charitable expenditure comprises those Costs inciirred by tlie charity in the delivery of its activities aiid services for its b¢n¢fi¢iaries. It includes botli costs that can be Llocated directly lo such activities and those costs of an indirect ttalure necessary to support tliein. -19- Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (oontlnued) Year ended 31 March 2024 Accountlllg pollcl¢s (cnKiliiuerf) Tanglble assets Taiigible assets are initially r¢¢orded at cost, and subsequently stated at ￿st less any accumulated d¢preciation and impaiment losses. Any tangible assets carried at rcvalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequ¢nt accumulated iinpainnent losses. Depr¢¢latlon Depreciation 1$ calculated so as to write off th¢ cost or valuation of an asset, less its residual valu¢, over th¢ usefvl ¢conomiG life of that ass¢t as follows. 2511A reducing balanc¢ Impolrment of flxed Assetg A review for indi¢ators of inipainnent is c8rried out at each reportiiig date. with the recoverable amount beiiig ¢stiinalcd wh¢re such indictttors exi51. Where the carrying value ex¢¢¢ds the re¢overnble 8rnoui)t. th¢ asset is inipaired accordingly. Prior iinpairnients are also reviewed for possible revcrsal at each reporting date. Flnanclal lllstruments A financial &Eset or a finan¢ial liability is rccognis¢d only when th¢ ciitity becomes a party lo the coiitractual provisions of the instrnment. Basic financial instTum¢nls arc iniiially recognised al thc amount receivable or payabl¢ Including any related transaction costs, iinlcss th¢ arrangem¢nt con51itut¢s a finarscing transactioii, wh¢r¢ it is re¢ognised at the present v&lue of the future payments discounted at 4 m￿ket rate of interest for a siniilar debt insttuin¢nL Current assets and current liabilities are subsequently mcasured at th¢ cash or other Consideration ¢xp¢cted to b¢ PAid or received and not discounted. Defined ¢ontribution plan$ Contribiillons to defined contribution plans are recognised gs an exp¢nse in the period iii which the r¢lat¢d service is provided. Prepaid contributions arc TC¢O8Jiiscd as an ￿$¢¢ to the ext¢nt that the prepayment will lead lo a reductioii in fu￿re paymeiits or a cash re￿nd. Llmltcd by guArantee The compaiiy is limited by guarante¢ and as such has no share capital. The liability of the members of the company, as s¢t out ID tbe Memoranduni of Association is liinited to £10 per member in th¢ event of the conipany b¢ing wound lip whilst Ih¢y are a m¢mber or wtthin a year of ceasing to be a member. -20- Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (Contlnued) Year ended 31 March 2024 Donatlons And grants Unrestricted F￿ndS Restricted Tot&1 Funds Funds 2024 Donations Donations Inspire Middleton Donations Lighthouse Project Donations Foodbank Donations LMA Donations Pantry Donations Toy Appeal Donations DIAL 38,445 5,718 9,632 300 540 1,025 40 38,445 5,718 9,632 300 540 1,025 40 Grants Big Lottery RMBC Foodbank Contribution RMBC Iiinovation Fund TNssell TLliSt Action Together Comic R¢lief 88.989 88.989 3,600 16,380 54,762 10,500 12,500 242,431 3,600 16,380 5l,750 8,700 12,500 178,319 3,012 1.800 64,112 Unr&qtricted Funds Restricted Funds Total Funds 2023 Donations Donafions Inspire Middleton Donations Lighthouse Project Donatioi)s Foodbank Doiiations LMA Doiiiitioiis Pantry Donatioiis Toy Appeal Donatl011s DIAL 17,635 3.634 12,778 300 425 17,635 3,634 12,778 300 425 22,474 22,474 GrAnts Big Lott¢ry RMBC Foodbank Contribution RMBC Iiinovation Fund T￿sse11 Trust Action Together Comic Relief 3,600 3,600 15,000 60,330 2,000 15,000 51,750 2,000 8,580 69.426 68,750 138,176 -21 Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (conlinued) Year ended 31 March 2024 Other trading actlvitles Unr¢stricted Total Funds Funds 2024 Unrestricted Funds Totsl Funds 2023 Room hire Dial sales and rentals Pantry subscriptions Other income 40,283 6,934 19,276 680 40,283 6,934 19,276 680 26,495 3,320 13,797 214 26,495 3,320 13,797 214 67,173 67,173 43,826 43,826 lThve$tment Income Unrestticled Tot&1 Fund$ Funds 2024 Unrestricted Funds Totsl Funds 2023 Ballk interest receivable 2,917 2,917 305 305 Expendlture on charltAbl¢ *¢tlvitles by (und type Unrestricted Funds Restricted Total Funds Funds 2024 Inspire Middleton Liglithouse Project Middleton Cenli'al Foodbank Liglithouse Money Advice Lighthouse Paiitry DIAL Support costs 2,220 90,384 9,606 2,915 17,318 499 40 2,176 68,996 7,108 68,630 5.900 4,396 159,381 16,714 71,544 23,218 499 760 720 122,982 153,530 276,512 Unr¢strieted Fiinds Restricted Funds Total Funds 2023 Inspir¢ Middleton Lightliouse Proj¢¢t Middleton Central Foodbank Liglitliousc Moti¢y Advice Lighthouse Pantry DIAL Siipport cos18 4,416 130,921 17,392 2,047 9,911 516 720 4,416 158,059 17.392 68.797 11,911 516 720 27,138 66.750 2,000 165.923 95,888 261.811 -22- Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements Icontinue Year ended 31 March 2024 Expenditurt on eharitable activlties by activity type A¢tiviti¢s undertaken directly Support costs Total funds 2024 Tothl fund 2023 Inspire Middleton Lighthouse Project Middlclon Ceiitral Foodbank Lighthoiise Mon¢y Advic¢ LTghthous¢ Pantry DIAL Goven)an¢e costs 4,396 159,381 16,714 71,544 23,218 499 4,396 159,381 16,714 71,544 23,218 499 760 4,416 158,059 17,392 68,797 11,911 516 720 760 275,752 760 270,512 261,811 10. Net Income/(¢xpendlture) Net incomel(expendiwre) is stated after chargingl(¢r¢ditin8): 2024 2023 Depreciation of tangible fixed assets 422 563 11. Independont examlnation f¢¢s 2024 2023 F¢¢s p&yable to the independent examiner for. Tndepend•il exa1￿InatiOn of the financial statements 760 720 12. Staff costs The total staff costs and employ¢¢ benefits for the r¢porting period are analysed as follows,. 2024 2023 Wag¢s and salaries Social security costs Employer contributions to pension plans 191,207 8,541 4,479 204,227 162,868 6,919 3,790 173,577 The average head count of ¢mploy¢es dwing the year was 11 (2023: 9). The average number of full-lime eqiiivalcnt employees durin8 the year is analys¢d as follows: 2024 2023 No. Nunib¢r of support staff Numb¢r of adminislrntive sthff Niimber of mAnagement staff li -23- Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 12. Staff eosts leftHlitsiied) No ¢mployee received employee bencfits of more than £60,000 durin8 the year (2023: Nil). 13. Trustee rcinun¢rotlon expenses Duriiig the y¢ar £35,729 (2023: £34,833) w&s paid to C.A. Ro&ch a ttwtee of the charity for hi5 employnient as Devclopnient Manag¢r. No D]onies w¢r¢ paid for any trustee duties undertaken. 14. Tanglble fixtd as$¢ts Motor vehicles TotAI Cost At l April 2023 and 31 Mareh 2024 Depre¢l&tlon At l April 2023 Charge for the yeAr At 31 Mareh 2024 4.000 4,000 2,313 422 2,313 422 2,735 2,735 Ctsrrying amount At31 Mureh 2024 1,265 1,687 1,265 1,687 At 31 MI￿ch 2023 15. D¢btors 2024 2023 Trnde debtors Prepayments and accrned income Other debtOTS 2.407 2,087 121 2,609 ,656 121 4,615 4,386 16. Croditors: Amounts falllng due wlthin one year 2024 2023 Trnde creditors AG¢ruals aiid dcfeTr¢d in¢ome Social s¢¢urity and other laxe5 Ollicr ¢r¢ditors 50 3,074 3,773 1,571 297 3,641 3,646 1,358 8,942 8,468 Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements {¢ontlnued) Year ended 31 March 2024 17. Pensions and other post retirement bollefits D¢flned contrlbutlon plans The amount recognised in income or expenditure as an expense in relation to d¢fLiied ¢ontrAbution plans was £4,479 (2023.. £3,790). 18. Analysis ot chnrltable funds Unr¢strlct¢d funds At Expenditure 31 March 2024 At l April 2023 Income Generdl funds 258,008 134,202 (L22,982) 269,228 At Expenditure 31 March 2023 At l April 2022 Income General fvnds 310,374 113,557 (165,923) 258,008 Ro$trlcted fund8 At Expenditure 31 March 2024 At l April 2023 Income Coniic Eielief Rochdale Iiinovation Fund Big Lottery Action Together Ainbition for Agin8 Trussell Trust 12,500 16.380 88,989 8,700 (8,875) {l6,380) (67.825) (8,700) 3,625 21,164 800 800 51.750 178,319 (51,750) (153,530) 800 25,589 At Expenditu￿ 31 March 2023 At l April 2022 Income Comic Relief Rochdale Innovatioii Fund Big Lottery A¢tion Together Ambition for Aging Trvssell Trust 15,000 (15,000) (26,638) (2,500) 26.638 500 800 2,000 800 51,750 68.750 (51,750) (95.888) 27.938 800 -25- Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 19. AnAlysls of nct assets between funds Unrestricted inds R>ricted Total Fund5 Funds 2024 Tangible fixed assets C￿￿ellt assets CreditoiB less than l year 1,265 276,431 (8.468) 269,228 1,265 302,020 (8,468) 294,817 25.589 Net Assets 25,589 UnKstyicted Funds Restricted Funds Total Fuiids 2023 T&n8ible fixed ass¢ts Current assets CrcditQTS less than l year 1,687 265.263 (8,942) 258,008 ,687 266.063 (8,942) 258,808 8CM) N¢t assets 800 20. OpcrAtlng lease ¢ommltm¢nts In 2019 A 10 year lease was been si8ned with Middleton Shopping Centre ivith a breakclause exercisable by the charity at 5 years. No disclosure has becn niade diie 10 th¢ comm¢r¢ial Confidcntiality ggreement in the lease. -26-