COMPANY REGISTRATION NUMBER: 06624568 CHARITY REGISTRATION NUMBER: 1126093 Inspire Middleton Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 THOMPSON ONES BUSIN Chartered accountants 2 Heap Bridge Bury BL9 7HR ITED Insplre Middleton Company Limited by Guarantee Flnancial Statements Year ended 31 March 2025 Page Trustees, annual r8POrt Ilncorporatlng the directorfs report) Independent examinerfs report to the trustees 17 Statement of financlal actlvltles (Including Income and expendlture account) 19 statam6nt of finanelal posltlon 20 Notes to the financlal statements 21 ## Inspire Middleton ## Company Limited by Guarantee ## Trustees' Annual Report (Incorporating the Director's Report) ## Year ended 31 March 2025 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. ## Reference and administrative details Registered charity name Inspire Middleton Charity registration number 1126093 Company registration number 06624568 Principal office and registered 18 Aylesbury Grove office Middleton Manchester M24 2TG The trustees C.A. Roach J.L. Roach K. Hughes S.M. Howarth B. Mudzingwa C.E. White (Appointed 26 September 2025) S.A. Beaumont (Appointed 26 September 2025) M. Lee (Resigned 1 December 2025) Independent examiner Simon GrettonWatson A.C.A. 2 Heap Bridge Bury BL9 7HR ## Structure, governance and management The current Memorandum and Articles of Association that govern Inspire Middleton are those dated June 2008 as amended by Special Resolution no.1 dated 3rd September 2008, which are registered with Companies House and which have been accepted by the Charity Commission of England. All work carried out is as identified in these documents. Election to the Board of Trustees is open to other individuals or organisations who: (a) apply to the Charity in the form required by the Directors; and (b) are approved by the Directors. All current and future work is monitored through regular trustee meetings. Trustees will supervise and manage the running of the work to ensure that the charity is compliant with its aims and objectives and operating within the Charity Commissions guidelines as presently constituted. 1 Inspire Middleton Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Objectlves and Aetlvities Publle Benefit Statement (l ) To develop thc capacity and skills of th¢ members of the socially and economically disadvantaged community of Middleton, North Manchester in such a way ihal th¢y arc b¢tt¢r abl¢ to identify. and help meet, their needs and to pai1icipate more fully in society. (2) To promote, for th¢ bcncfil of the public. thc ¢￿icienCY of the police in Middleton, North Manchester and to promote good citizenship and greatcr public participation in the prevention and solution of crime in the area. (3) To advance in life and help young people ihrough.. The provision of recreational and leisure tim¢ activilies provided in the interest of social welfare, designed lo improv¢ their conditions of life. providing Support and activili¢s which develop their skills, capacities and capabtliiies to enable them to participate in soci¢ly lls mtttur¢ and r¢$pon$iblc individuals. (4) To relieve persnns who &re in condition of need. hardship or distres5 by rea50n of their social and cconomic cirGuinslances in particular but not exclusively by ihe provision of a drop in centre. (5) To provtde eduealion and training for th¢ pcrsons rcferred to in clause 4. {6) To prcscrvc and protect the 8ood health of the persons referred ¢0 in clause 4. (7) To advance the Christian r¢ligion. The trustee5 believe that Ilicse objectives clearly demonstrate th¢ concept of publi¢ b¢nefit as sp¢¢ified in S¢ction 4 Charities Act 2011. Inspire Middleton Company Limited by Guarantee Trustees, Annual Report {Incorporating the Director's Report) (Gontinued) Year ended 31 March 2025 Aehlevements alld performance Charity Oven4ew Inspire Middleton is a community development cbatity, and our vision is to inspire the people, places and organisations of Middleton, to makc it a beltcr place lo live work and visit. We run a variety of conimunity projects througli which th¢ charity's objectives ar¢ advanced. Th¢s¢ project are the names that the public are more familiar with and include. the am8zing Lighthouse ProjecL our drop-in style community c¢ntrethub, Middleton Cenlrhl Foodbank, Lighthouse Pantry. Lighthouse Money Advice our FCA registered debt service, And others. We describe the way we work as 'ihe plant pot niodel,. the pot being Inspire Middleton. the container in which things are grown,. and a5 seeds become fruit people naiurally focus on what is produLed more than the pot in which they arc ¢orried. and so il is with us. It is the improvement of people's lives that is our focus, not promotion of ourselves. The charity operates from leased premises on the second floor of Middleton Shopping Centre right in the heart of Middlclon town centre. We moved into these premises irL December 2016 on a 3-year short-t¢rni leAse, and siibscqu¢nily were able lo agree a lease for a furth¢r l¢n years. running fmm December 2019 December 2029, The biiilding and its location contribute significantly lo the success of our work. We are centrally locr¢ted, have ease of ccess irt lern1s of tr11 nsport and disabl¢d facilities, and have good regular passing footfall. Our presence also conlribulcs to the wellbeing ofih¢ Slioppiii¥ Ccntre as the people visitln8 us also visit the local sliop8, and vice vcrsa. The Llghthouse Project is one of our specifi¢ charitable objcclives, and as u community anchor organi8alion il is a multl-service hub used as the Lnain outlet for advaiicin8 murLy of our other charitable llims. Mlddleton Central Foodbank is co-locatcd within ihe Lighthouse Project. and il is run as pnrt of the Trussell Trust foodbank network, in collaboration with local cliurchc5. tackling poverty. hardship. and individual crisis. The Lighthouse P8ntry is a membership based food club supporting people and families struggling to cover their weeklylmonihly household costs. It offers Ihem access io Supern1￿ket sU￿lUS food to reduce their weekly food costs Icaving thcm with more money to spcnd on oiher household costs. The Pantry is part of 8 growing national network opcralin&y under the bartner of 'Your Local Pantry, managed by Chureh Actlon on Poverty. The Llghthouse Money Advl¢e $orvl¢¢ 1$ a FCA ac¢redil¢d debi advice service run as part of the Communlty Money Advlce nctwork. The service offers ficc advicc and fllc¢-to-fa¢e suppnrt for people experiencing personal debi and financial crisis. Many of the clienlg are referrals froin the FoodbanL or Pantry and several of our leam arc dedicated to supporting Foodbank and Pantry members. Hlghllghts and Project Actlvlty Summary AttendAnee Lighthouse Projcct - all activities eombin¢d Att¢ndan¢e at tli¢ Lighthouse Project has increascd throughout the year, and thankfully with the impacl of Covid-19 b¢liind lis att¢ndan¢¢ ha5 now risen above our pre£ovid attendance levels. These are SOTne of the Higlilights for 2024-2025. whicli is a summary of all attendances and sessions. Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Highlights l. AnnuAI FoorfAII of - 42.725 attendan¢e8 duTing the year (which ts 16ts10 above our pre4ovid tsrget of 37,000 allendances) - we arc now seeing a positive re￿rn to year-on-year growth. 2. Ses$lons during the year we ran 7,400 sessionslactivities supporting people's needs. A session is a recorded clivity of one kiiid or anothcr. and thesc typically include structured acliviticslscssions, drop-in and advice Sessions, SOCiV41, l¥isurc, arUcr&ft se55ion5. etc, 3. Indivldual Vlsitor5 3,131 different peoplelvisitors were directly supported during the y¢ar. 4. New Vlsltors Attendln£ - 1.316 ncw peoplc who first visited between l April 24 - 31 March 2025. People/FAmllle$ Fed Middleton Centr41 Foodbank- crisis food 8UPPOrt Th¢ Foodbank opens twi¢¢ a w¢¢k offering volunt¢¢r led support and food parcel distribution, and when circumstances require we also give out food par¢els ai other lime8 of the week through the Lighthouse. Highligil)($ l. During Ihc repoiting period th¢ Foadbank r¢d¢emed 1225 Youchers. which 1$ a small increase on the nurnber of vouchcrs issued in the previous year. It is a significant nuinber of families in need, showin¥ us that poverty and deprivation still h4s 2 grip on Ihc town. 2. We were able to moderate th¢ dcinand for 6ri$is 5UPPOrt b￿aUSe of th¢ partncrship with the Lighthouse Pantry where users of the foodbank who necd exlcndcd support are offered membership in the Pantry to support them for longer and as a progrcssive slep towards self-managemenl. This is a positive relationship limiting increasing demand for the Foodbaiik and helping fainilies lo move 4iWlly from reliAnce on emcrgency support. The Pantry is also used to calcli fainilies wlio are starting lo sltuggle lo l)elp iliein before they need to use the Foodbank. 3. Thc food parccls we issucd provided the eqiiivalenl of 71,731 meAl8 during the year, supporting 2,771 adult$ and chlldrcn, who canic from 658 dlfferent families. 4. The foodbank roeelved 27 tonnes of food donatlons during the year from & variety of groups, individuals and organisations. which is 4 slight reduction on the previous year r¢fle¢ling that donors continue lo face their own challenges du¢ to th¢ ongoing impact of th¢ ¢ost-of-living Crisis. 5. The foodbank gave 4way 27 tonne5 of food tn its 3-day emergency food parcels. This ¢quales to approx. 71.100 meals valued at over £72,000. The total fovd given oiit was 3 tonnes MO￿ than what we Teceived in donations meaning we had to buy a lot of additional food to kecp up stocks. 6. From time to time we also donated surplus short4laled food to other groups as we choose not to operate in isolatio supporting other where we can. This builds wider eommurtity. 7. As part of its reach into the community Ihe Foodbank has over 60+ referral agencies it works with. which includes IoLoI scliools, coiiimunity groups. churches. and other support agencies. Th¢5¢ op¢r&t¢ as the cyes-and-¢aTS of the foodbai)k. and helps u5 reD¢h those in ne¢d. 8. We are 8150 happy to &ccept r¢ferra15 froin organisations not on our books making sure we maintain as f¢w barriers Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (¢ontlnued) Year ended 31 March 2025 as possible for f&niilie& to get access to crisis food support. New reft￿erS are then usually offered the opportunity to join the Foodbtttth's list of regular referral agencies. The purpose of using a referral systeni is lo ensure that people receive additional 5UPPOrt relevant to their n¢¢d or circuinslances, not just simply giving th¢m a bag of food for the short ¢em]. Liglithouse Panlry The Lighthouse Panty opens for three sessions per week for 50 weeks during the year, typically supporting 100-110 families per week. Demand for Pantry Ineinbership remains high and wc liave a wailing list to manag¢ demand. The wailing lis( is regularly reviewed. The Pantry needs over 1.5ao items each week lo s(ock Ilie shelves. Ivl)icli is sourced from dollations, or full-priced purchases. Ther¢ is a practical limit lo liow many families rhe Pantry can support. which is our ability to access enough food to covcr the weekly s¢ssion$. Maintaining enough siock lo support over 100 families per week is an ongoing and increasing ehallenge. Highliglils l. Tlie l)aiilry ran 151 scs$ion$. and supported 4889 mcmber vlslts durin8 the year. This Is a similar number of members who attcnded as last year. The dcmand is not abating, and it is being Sustained by e¢onomi¢ ¢hallenge$ and the growing nuinber of pcople still $truggling ivith low irtcome. and the cost-of-living crisis whieh is not reducing. 2. We supported 353 dlfferent famllles, and within these families there werc &Th llddlllonal 447 adults or chlldren, so collectively th¢ P&Lntry supported 800 people during the year. 3. The Pantry supplied 4889 'baskels' of food for mcmbcrs to use. A weekly basket is typically valued At between £25- 30, which would have &n cslimated retail valiic of bctwcen £122,225 - £146,670. 4. For cvery £1 iiienibers spent (£4.50 1 wcek) they rcceived an average of £6.67 worth of food in returnl This is an exccll¢i)t social return of value for thcin, and produces a polenlilll saving of £1,275 per family on their annual food bills, ILaviii8 illore nioney nvailLbl¢ for oiher household expenditure. which is one of the primary aim$ of the Panty. S. lrt oddilioi) lo Il)is we gave fainilics scveral wceks of fr¢c aii¢nd8n¢¢ during th¢ year with suppott from lo¢al Food Solutions grants we received. Collectively th¢ P&nty Ind Foodbank provided food support for 3,570 itkdividuals froin 1,010 fainilics. the equival¢nl of 170,000 meals with an eslimaled retail volue of £264,400. This is a sigiiificanl amount of support being provided helping to hold back the r¢l¢ntless tide of poverty that is impacting more and more families in the area. FlnAnclal & debt support Lighihouse Money Advice The Lighthousc Moncy Advice service provides access lo daily faceato-face appointments for people needtng financial IILlp and support, be Iliis debi or benefit advice. We are one of only 2 organisations in the whole of the Rochdale Borougl) who do tliis. It is widely r¢¢ogiiis¢d by the governnjenis Money and Pensions S¢rvi¢¢ (MAPS) that there is a national shortage of fa¢¢-lo-face appointmcnts available for people in debt. There is plenty of online, or self-help type 5¢rvi¢es, but 80 little dir¢cl face-lo-face support, This is what we are working to change because there are many people who are not able to manage their debt journey Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrector's Report) f¢ontlnued) Year ended 31 March 2025 on their own due lo vulnerability* poor mental health, anxiety. or long tmn ILealth conditions. In these cases face-to- face appointments arc essential to help the clienis engage. Here arc some of the Highlishls from the y¢ar. Highlislils l. The team worked wiLh 840 diff¢rcnt eli¢nts during the year (200/(t increase on 2023-24) who made use of our service on al least one occasion. atlcnding 2,846 appoinlmenls, conversations or meetings, and having collective personal debts estim*led at £1.14 mllllon in total valuc. 2. Of thcs¢ we had 410 new cllents (190/0 increa8¢) requesting help and support. 3. From the clients supported during the year, £175.823 worth of debts were removed by Debt Relief Orders (DRO'$), and a ￿rther £18,988 was written off by creditors - totAlllng £194.811 of relief. 4. Otl)cr clients tackled their debts througli tl)e use of other options such a8 Debt Management Plans valued at circa £25,369. 5. for ¢li¢nls h¢lp¢d iviih bcnefil advice we rccurded over £190,000 worth of grants, or benefit in¢om¢ incr¢a$¢s. or cxpendittlre reductions dui'ing tl)c year. 6. This totals ovcr £384,815 of finanel#l bencfitslrellef gained by people we have supported. 7. For each clientlfamily supported by Ihc service th¢ knock on benefits of improvement in health, mental health and general wellbeing is significant and clear for all to gee. 8. For the majority they describe the support they receive as life ¢hartging on¢¢ they stsrt to g¢t help or s¢¢ Ih¢ir debtslbenefils b¢in8 reduced l increased, or removed. In many cases these improv¢ments are considered by the clients as 'sigi)ificant'. Computer CIAsses, Employment, Skllls and Getdng back Into work The Lighthouse Projeel 1$ 4 long terni mcmbcr of the National Digital Inclusion Network, fornierly the UK Online Cenlre network, and through this we support people with free access lo the inlen)et, and access lo rntor and peer supported frec basic coillpuler training. Di¥ilJl cxclusion within Ihc UK remains s￿bborn1Y high at over 20/D of people, so this work is our contribution lo tackling exclusion and disadvantage. ¢sp¢¢ially as mor¢ and more people are being digitally left behind. The uptake of atteTrding Computer COULses has been slow posi-covid, aiid not at the levels we have previously seen. This therefore remains a work in progress in tern￿ of re-en8a8in8 people. In conjunction with our digital 8ervi¢es we also offered various forni of support during the year, which involved combination of reniote interaction and siipport, and face-to-face engagement. We have plan$ to re-start our Work Club 1nd some n¢iv ¢niployability partnership work later in the year. Highlights l. We provided digital 5UPPOrt for 246 people duriiig the year. attending over 3.600 tlmes. Within this 25 people speclfleally attended Learn My Way basic computer skills training course3. collectively Gompleting over 540 different modules. through 119 session. 2. Our employability sessions supported 110 people who were looklng to Improve thelr Ilfe chances by d¢v¢loping Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 their employability and job huntin8 skills llnd to help them get back into work. or improve their chances of getting back into work 3. Of thcs¢ pcople we reeord¢d 365 gttendances for activities related to actively looking for work. improving their job hunting skills, and iinproving work place skills through online Icarning and face-to-face appointments. 4. Wc provided 1-2-1 CV support for 26 pcople, ond 54 people attended job hunting sessions to help th¢m gel back into work. Family •nd Children support- Toy Appeal Ovcr th¢ last sevM years we hav¢ organised an annual 'Toy Appeal, aiined al collecting toys and games from the general public to support Lighthousc Projccl fomilies, and otlicrs wlio may be referrcd to us from partner organisations, including local schoo15 and foodbank refetral agencies. Its aim is to ensure that as many of the families we work with. or ar¢ ¢onne¢ted to, are able io hav¢ soine toys and gifts to open at Christmas. As with previous years we were supported by maiiy local organisalions, individuals, and schools who collected loy donations for us lo givc out. Middl¢lon Shopping Centre, our local Tesco Extra, and several other groups helped with the proniotioii and 5¢tting up of ¢ollc¢tioii poiiils. The local commullity have been cxtrctncly generous when li ¢omes to supporting Ilie Toy Appcal, and it is ¥afc to say Iliat w¢ w¢r¢ iuund8tcd with tOy5. ¥ifts and financial support for the Appeal. Hi8hlighis l. Wc were inundated with local support providing toys. gifts and financial donations. 2. We were able to 8UPPOrt 217 chlldreii from 93 dlfferenl famllles. Each child receiving al least one Tnuin present. 4 medium presents, 3 small presents, a ganie, book, coiifectionery. and slockiiig fillers. 3. 63 childrcn camc from the Llghthouse Project, foodbank And pantry families, 130 childrcn were referred through local SLhools, I I cliildrcn canie froin self-referralsor oil)er family contscts, and 4 children came from Llghthouse Money Advlce familles. 4, Tl)e local scliools, as well as nominftiing ¢l)ildr¢n, also antng¢d 6Jn Ih¢med toy ¢oll¢¢tions, spon$ored runs and devised other inleresling ways of giving toys and donating money. 5. W¢ r¢c¢iYcd over £2,300 in cash and oiiline donations which help u8 buy lar¥eted gifts and gift card$ to fill gaps in the t)T)es of toys donat¢d, and IOO'S of individual toys donaled so we could hclp 8nd support diff¢rcnt aged childr¢n. This made sure that no-on¢ miss¢d out Soclal L¢l$ure qnd Health Acdvltles Social activity and ¢ngagement is an esjieiitinl pllrt of life and community. Isolation and exclusion quickly lead to declinc in health and wellbeingi as Covid highlighted. With Covid successfully behind u8 our social ￿0upS and activities have once again flourished and increased. with new groups and activities being added to our offer. )¢ typLs of groups and activitics includc, knitting sessions, arts, uaft and card making. photography. walking. a Tea Disco, quiz and gaming sessions. healthy living. vcterans group, ladies group, and cooking. With others still in the plaiining. Highlights l. During the year 2024n5 we ran over 910. sociallleisuretheath related 8essions/activilies (an increase of 30Q/o on la51 Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (Continu￿) Year ended 31 March 2025 year- 20231241. . Tl)cse activities which were attended 9,778 tlmes by 623 dlfferent people. 3. The activities aim lo tackle social isolation and poor liealthlmentsl health by offering opporNnities for people to ¢onn¢ct with oihcrs. make new friends, leaTn new skills, and improving their health. This includcd physical events, sucli as walking. Icisurc aclivilicslinlercsl groups, and some social groupslgaiherings. The Brlck Multl-bank- Borough sub-d351ribulion hub During the year we started a new project in conjunction with The Brick Multibank, based in Wigan. The Brick has been supporting ils local community for many years, and they wanted to expand their reach by working with other partner organisalions lo provide a network of sub-distribution hubs around Gr¢aler Manchester. The Lighthouse Project became one of two sub-hubs in Ro¢hdal¢ Borough, serving 20 local community groups with Tegular muitibank donations. A muliibank generally reeeives non-ftsod donations of surplus items from manufacturers and distributors. c.g. Amazon siirpliis siock. which is thcn distributed to ¢ommunity organisations in support of their work, or for them to give out to th¢ir b¢nefici&rics lo coiiibal poverty, or low income. The donAted items c&n be an￿h1ftg from deodorants, to heaters, craft iiiai¢rialb lo nappics, aiid they arc diffcrcn( every lime. Each iyeek we Apply for donations on bel)alf of 4 groups, whi¢h are delivered 10 us on a Friday and then generally collccted on tbc satnc day. We facilitaie the doiiatiorts and ensur¢ ih¢y Are distributed Ioclllly, Since wc slartcd we've distributed an cslimaicd 20 lonnes of products through 120 bulk donAtlons, Other Achlevement6 and Developments Cure Sioff.. As with previous years thc trustccs want to acknowledge and give thanks to our core staff team who have workcd so hard during the year, Pam Senip, Cath Stolt, Carl Roach, and Donna Williams. who all live locally in Middlclon, aiid ivlio have such a grcal passioii to see the Community changed and transfornicd, Th¢ teams passion ¢oiilinues lo inspire and innovate both the volunteers and our visitors to en¢ournge them to advance and progress. They Jr¢ at the foi'cfronl of advancing the Charity's objeelivcs, and their work 18 to be greatly ¢ommended. Well dune, and Ihaith yuul Your wurk is often uns¢cn by Ilie majority. bul 1¢ doesn't go unnoliced by those who sce bchind the scenes. Thc collabordlion and flexibility of the core team is onc of our organisational Str￿gIhs. and is key to making sure that llll of our services ure ii)tcgrated and work in ¢oiic¢rt; and their efforts undcrpin all that we do. VoluntÉors'. The Lighthouse Project is about cmpowering people, which includes our volunteer5. Our volunteers provide a significant amount of support to our work. and withoul them it would be difficult. or expensive to provide the sainc amouiit of help and support that Ili¢y off¢r to us. We've calculated that they typically provid¢ over 15,600 hours of free Support, whi¢h if w¢ had to pay for al minimum wage ra¢es would Gost over £196.000 p¢r y¢4r. To niark their contribution to our work w¢ hold a Volunteer Celebration every two years. WLth th¢ last b¢iDg in Oclobcr 2023 whcrc wc gave out 92 award$. Our next Volunteer Celebration 15 due in August 2025 where we will Igaiii cxpress our thanks and appreciation for all that our volunteers contribute. Our Premlses.. Our main base is the Ligliil)ouse Projccl Community Hub located in Middleton Shopping Centrc. This ccntrc makc5 a significant contribution to the success of our work. It is a great place for a community hub as wc arc acccssible to the whole area, and it allows u5 to work with a wide variety of people and services in supporting the comniunily. Being cenlrnlly located means we offer ease of access in tenns of transport and disabled facilities. and we also have good amount of regular passing footfall. Inspire Middleton Company Limlted by Guarantee Trustees. Annual Report {Incorporatlng the Director's Report) (¢ontlnuedJ Year ended 31 March 2025 We are part way through a 10 year lease which offers us stability and longevity in tern￿ of building and sustaining Ihe work and services we provide. Development o( our Systems 8nd facilities.. this is an oiigoin8 process where we review and adapt our infrastnjcture 11id £1diniii systenis to help us be 'light of fool, and Continually improve how we work. A parlicul4ir cli¢illcngc oli Ilic horizon is Ilie iipgrading of our tT SYSten￿ and PCS in the light of Microsoft's decision to end support for (heir Wiiidoiys l O opcratiiig sysiem which all of our systems are bascd upon. Unfortunately b85ed on Microsoffs advice nonc of our Pcs arc capable of being upgrades to run Ilieir new Windows I l operating system. This leaves us having to explore different options. Our Community Impact Our work remains people cenlred and sulution focussed. And by baving a people fllst community development approach our impact increases as we supporl more ongoin8 needs and challenges. As iviil) previous years our biggest and rnost noliceable impact remains the support offered through our food projects ,Ind Ili¢ Lighihousc Moncy Advi¢¢ $¢rvi¢¢. All three rcmain strong and effective in the face of the ongoin8 CO8t-of- livii)&T crisis and Ihc negative effects of expanding l¢v¢ls of poverty faced by our community. These projects are taking IIIL s(r41111 aiid Iliankfully wc have reinaiiied si¢adfa$i and 5tron¥ during this year. whilst also looking to try and find ways of doing tliings in a bcller way. Through both food projLcls we have en&ur¢d IhaL over a 1.000 families have had regular food on their table, becn able to feed their kids, and able lo save tnoncy lo mcct other household billslcosl. Collectively ilic Foodbank and Pantry have served and supported 3,571 Indlvldulls (Adults and Children) from 1,010 diffcrcnt famllle8, and providcd the equivalci)l of an estimated 170,000 mLAls valued at an estimated £263,400. The Liglithouse ML)ney advice setviee li¢lS also seen Goi)linued growth in demand resulting in the need lo have a wailing list for support. and it remains a lifL'_line to Inany new people this year, with over 200/0 increEse in the number of cliciits being hclped to facc over £1.14m worth of debt. It has supported 841 people during very difficult financial aiid cl)allei)giii&y (ini¢s. Providing c5s¢ntiul debi and benefit advice, Fiindiiig froiii diffcrcnl partners has Ilow¢d LIS lo maintain th¢ capacity of the money advice team, retaining our sp¢cialisl dcbi uiid bcncfil staff, hclpiiig7 ittect tlic ¢oiilinued and increasing demand for debt and benefit advice support. Tlie an(i¢ipat¢d incrcase in faillilics struggling with their fingnccs has m4nifcstcd. fuelled by th¢ ¢ost of living crisis,. and deepening poverty that our community is experiencing. Partner5hlp Worklng: Our operational Inodel is built upon partn¢r8hip ai)d cullaborative working, so, in addition to our own activities we partner with and support oih¢r groiips and organisations with thcir work. We don't work in isolation and we chosc to build eollaboralive relalionships. Oiir approach is lo complement and not lo coiiipete. The needs of Middleton are substantial and we recognise that no oiic orgJanisation has the capacity or re50Lirces to meet all those needs. Therefore, it is essential that we nurture and encourage a collaborative approach of supporting ihc Gommunity. with each playing their part and using their skills and rcsources to bcsl udvantage. To tlii.8 cnd ive also participate in niaiiy of Ilic coiiimunily prcvcnlion tLCtwork% organised through Action Together operating as the co-ordinator for Tnany VCFSE activities in Ihc Borough, and somc of the Council's and NHS neighbourhood partn¢rship5. W¢ ls Ilcnd Il)e Ai)ti-Poverty Network, Welfare Network, Food Solutions Nettvork. elc. Our aitn is lo partiripate iii strat¢8i¢ public service and struC￿ra1 refonns as well as providing'on-the-ground, practical solutions for day-to-day nee(ts. Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Director's Report) (¢ontlnu8d) Year ended 31 March 2025 During the year our work was showcased in a nuiiiber of settings. A relationship with Coniie Relief based around food insecurity and food povety resulted in them making a short appeal film about the Li¥hthouse Pantry. which was aired on national TV as part of their 40th Anniv¢rsary Red Nose Day appcal show, raising awareness of the impact of food povety in the UK. Within Greater M8n¢h¢stcr there is cutTcntly a lot of dis¢ussion about publi¢ s¢rvice reforni of NHS and lofjal ¢ Ilthorily health and welfarc serviccs, under thc banner of something called 'Live Well,. There has already been a lot of pilot work ca￿led out exploring new ways of working with the VCFSE sector and the challenges of movin8 public services froin crisis respoiise lo a prevention response model. One concept being progressed is about tlie crealioi) of 'Live Well, centres, Inulti service hubs based in VCFSE settings where lots of aclivities and services can be hosredi just like how (he Li8h(liouse Project currently ruDS. In March 2025 the Lighthouse Projcct fea￿red in a 'Live Well, commissioned short filin cxploring existing ¢ommunity projects where 'live well, type activities were already being niodelled. This video was shown 8t o major Greater Manchester Live Wcll showcase event. Thlng$ we've le4rned Person Ceutredlwhole person Approach We r¢iiiain coinmilled ￿ a p¢r50n centred approoch as a founding principles upon whi¢h our work is built. and whilst we oursclvcs havc always bclieved this to be true ils value in recent years is b¢ing more widely reco8nised and adoplcd by otli¢r &rroups, c.g. GM Live Wcll. Co-Ioc4tlon, ond co-dellvery are a180 key principl¢s we advancc. Wc have always us¢d this multi-service approach. which is now becoming the aspiration of iyjany oihcr organisalions, both largic and sinall. Providing 'wrap #round, support 1$ $omething ive have always done, it is the most bcncfLcial mcans of helping people in a 'ivhole person, way. Many organisftiions s(arl ivi(h u singvlc focLlS, e.s,. Foodbanks delivering emergency food. or Patitry's making use of 5upemiarket 5urplu5 tv feed pcople. bul now i¢ is r￿08n15¢d that providing a¢¢¢s$ to multi Stranded support is the most effectiv¢ approaeh. A good example of this Integrated Approach is the Ihree-stranded support provided by the Foodbank, Panty and Lighthouse mon¢y advi¢¢ service. Each hos ils own slr¢ngih5 but by working tog¢ther they are more successfill in lielpii)g people move &way from crisis &nd rernrn lo being more self-sufficient. Jf somcon¢ is in crisis and end5 up al thc Foodbank, they will get food, but if their crisis is as a result of financial difficulties they cali be supported by Ilie dcbi or bcncfit adviser to improve their situation. and after a while we can move Ihein froni using the Foodbank iiilo becomii)g a member of the Panlry. wherc they still 5av¢ money but are on progressive journey away from poverty towards recovery. This is wliere tlie benefit of being ivliole per5011 1 person cenlred project comes into its own. Everyone who uses the Lighthouse Project comes in via a different doorway dcpcnding upon thcir need or circumstances. but once inside we don't just help them in 01?e way and then say'&yoodbye'. Thmiigh relationship and Active listening we become aware of other related needs, and are then able to link them up with other services and activities within Ihc ccnlre to progress in those areas loo. For us il's all aboLlt helping people lo cope with or to remove burd¢ns they are carrying alone. and giving them access lo opporttinities, liclping Iliein to develop tlieir own pot¢ntial and finding ways of solving problems or needs. In essence we do stuff 'wiih' people, not 'lo' them. -10- Inspire Mlddleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {contlnued) Year ended 31 March 2025 Relationship and Trust W¢ value the impoi'lance of building rclationships 2nd trust. The key Iliing that people a￿ often looking for when ae¢cssing support services is the quality of iYcleoiJ)e, relationship and trnst that they can develop with you in order lo help them solve thcir n¢eds. Suc¢es3 in these areas meaiis that the impacl of tl)¢ work is significantly atnplified, even if all you did was inak¢ soineone a Gup of tea and listen to Iheni. Providing a 'safe place, within the community is one of Inspir¢ Middleton's foundational objectives, and being an ac¢essible community anchor organisalion where peopl¢ know they will get a good welcome. be li5tcned to. and be supported to acliicve is our goal. Tinie ai)d lim¢ again we see people opening up to our staff or volunte¢rs in ways that they hav¢n't done with other types of organisalion. Pcople are often guardcd wlien they talk to agencies, e.g. the council, DWP, their housing providcr, etc., which can nican that their underlyiiig needs may not be fully explained or r¢vealcd. Yel. when they feel safe and w¢lcoincd, Ili¢y will then ofiei) ask for support or share a dc¢per need allowing it to bc 8ddre5sed or supported. Chan&ye, and th¢ need to odapt15 not always A bad thlng The pandemic m&de us 811 to look al what wc did, niid lo cvaluale how we Could work differently to meet the needs of the day. We Icarnt froin that experi¢n¢c Ilial 'chan8¢ is not always a bad Ihin8', and that 'adaplation can actually make a service bertee. Wc h¢lve learnt tliat we cali be adaptable and tlial change should tLOt to be feared, and actually a fresh look al the way Iliings ¥re done can prov¢ positive and illuminaiing. WL IidvL always bcen a reflective orgxnisalioi) and open to change. so, this is something we are not afraid of and r¢alis¢ Il)at flcxibility and bcing adaplJbl¢ is a¢tually onc of our or8anisalional strengtlis. Emerglng needs - how the challenge of low Incom¢ 4ff¢cts every are* of Ilfe The impact of low incomc continues lo affect mor¢ and more peopl¢, drawing ¢hem into incrcasin8 levcls poverty and liard5hip. As an or8ani5alion this is one of tlie reasons that Inspire Middl¢ton w88 set up, to help improve the lives of the people in Middleton. W¢ Goiitinue to see ycar-on-year the number of pcopl¢ ¢xp¢rien¢ing th¢ difficulties of low income grow and expond. lo lh¢ exlcnt that it now threatens the daily live5 OF a signifi¢8nt proportion of our community. Low income also often Icnds to ilie decline of licalih/ment&l health, hoinelcssness. destitution, and related indebtedness and isolation. For lis tickling low in¢ome and debt is a practical reality as well as a campaign topic. We are not a campaigning orgJ#iiisc11ion, bLIt ive may well be draivn into this, increasingly advocating on behalf of people, through the Anti- Pover(y network, if Ilie local ecoiiomics doii'l iini)rove, and people's lives becotne less sustainable. We are already helping people deal with the pracliclll iinpaet of low ineoille, by tacking food insecurity. through the provision of access to food. andlor helping thcm with debts and benefits. Bul these nceds are growing, along witli the associated impact on mental and physical healtli and wcllbcittg. We can already see that the next few years are likely to cxposc a niuch greatcr need than those ciirrcntly iiianifesling. A solution needs to be found. and maybc il is actt]ally many solutions rather than just one. of how to help peopl¢ to increase their inconie, or reduce their expendittire. This ts not just simply about improving budgeting skills as many 11 Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continu$d) Year ended 31 March 2025 suggest. The expenses and oulgoings that people have are not always within their ability to change. e.g. energy c08ts. rents, council tax. etc.. and neither is thcir abiliiy to increas¢ their income, so. they become trapped. These societal ehallenges, whieh are huge topics, only strengthens our resolve to remain whole person focussed and pcople ceii(red, to Strengthen the safc space, and the co-located services that we offer. We nced to build more bridg¢s. to conncct with more people, and support tliem so thai they can be connected to more opportunit1¢8 to improve their liv¢s. Worklng Relatlonshlps wlth other organ55a¢lons Here is a selection of the or8anisalions we have worked with during tl)e year. or who have used the Lighthouse to provide servi¢¢s l a¢tiviti¢s for visitors. Aclion Together- voluntary sector support Alkrington & Junction GP surgeries, - All Saiiils & mart￿ C of E Church L4nglcy Aslidowii Phillip5 - MSC management Barcluys Baiik - Community spaces Beller Healtli 4 Middleton - community activist group Bowlcc Priniary School foodbank supportcr BOC - CBrdiJc Care services Cardinal Langley RC High School _ foodb8nk supporter Creative Health and Wellbeing- art and Creative ¢raft sessions Chris Clarkson MP - ApprenlicLship Fair I cxliibition Church Aclioii otL Poverty- Lighthouse Pantry Chinese Overseas Christian Mission- Alpha coiirse and community cohesion sessions Coiiiic Relief - Pantry aiid Foodbank ￿ndcr Coinmunily Connectors - RMBC adviscrs Community Money AdviG¢- Lighiiiouse Money Advic¢ Edgar Wood Academy High School - foodbank supporter Eliniyood Prim&ry School - foodbank supporlcr Ciiergyworks - Drop-in support ￿0Up Furcyharc - Food rccycling - Lighthouse Panlry FarcsliarcGO - supcrniarket sU￿lUS GMP - llnti froud adviser5 GM Busittess Growth Hub - developincnt iraiiiing - GM Tenants Union Middleton - a new local tenants support group Good Tliings Foundation - National Digilnl Inclusion Network - Hollin Primary School - foodbank supporler Ingeous - emplL>yability drop-ins Inspire Conimunity- rnissional community Job Centre Plus - Middleton Long Street Metliodisl Chur¢h - Many local s¢hoo15 and community groups through the Foodbank r¢f¢rrnl agency n¢hvork Middlclon CoopcrRting- collaborative working and digital skills d¢v¢lopment Middleloii PhotO&Trapliy Group - coinmunity camera club - Middleton Rotary- Community huinanilarian group Middleton Shopping Centre- promotions and support Mills Hill Baptist Chiircl) - Mizkan Food Distributor- foodbank supporter N-compass Carer5 Hub - drop in and training events New E¢onotni¢s Foundation - NHS Ellrly AttachLnent Service N¢ighbourly- surplus food distribution -12- Inspire Middleton Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) (contlnued) Year ended 31 March 2025 - Parkfield Primary Sehool - foodbank supporter Pikc Fold Piimary School- foodbank supporter Posilivc Stcps - ¢&r¢¢rs $ervi¢e for young p¢ople RBH - Rochdalc Boroughwide Housing Roclidfilc Council - Adult Care, Revenue & Benefits Setvice, welfa￿ team and recycling team Roclidale Healihwal¢li - independent voice on health for the ¢ollununity- Riversid¢ Housing Rotary Club Middleton - Community Awards activities Royal British Legion - Middleton Slimming World - foodbank supporter St. A[￿e'S Acadetny- foodbank suppor(er St. John Fisher RC Primary School - foodbank supporter St Marys RC Primary School - foodbank suppoi'lcr - Tesco Extra Middleton branch, and Tesco Exprc5s branchcs - The Hive, Drs Stockton & Thompson - Boarshaw Clough sur8ery - Th¢ National Lottery- Rcaching Communities Fund TrLissell Trust- national Foodbank network charity Ve(¢ran$ in Community- Veterans support group - Wonderfully Madc Womcn - women's support group Your Local Paiilry- Pantry food network -13- Inspire Middleton Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (¢ontlnu•d) Year ended 31 March 2025 Financial review During the year unrestricied ￿ttds havc increased from £258.008 to £294,817. Restricted income of £300,808 was received diiring Ihc year with £294,433 of its relaied expenditure occuring before the year end. The Trustees liave r¢vieiYed the r¢5erve policy and agrced to maintain rescrvcs of al least six months expenditure. for thc Lighthouse Projccl. Curreiit rescrves arc surricicnl to meet this requiremellt. Historically our work has been mainly grant fvndcd, bul as we hav¢ groivn in slzc the challcnge of covering all of our costs this way is proving more difficult. In response ivc are actively exploring new allernalive sources of fvnding and are working to develop & Sustainability and Fundraisiiig plaii to set out fulure strategic fundraising goals and objeclivcs for the charity. In Noveinber 2023 we received a 2-ycar grlli)t froni the National Lottery Communities Fund for a project called 'Ligliihouse Proj¢cl - Cominunily Toolbox, lo support a proportion of our core and Nnning ¢osts. This commenced in Novcniber 2023 running until O¢tob¢r 2025. By thc lime your read this report this fvnding will have ended, and we Ivill oiicc agJin bc looking for ongoii)g cor¢ funding Support. Sonic oihcr p&rls OF our corc work wcrc also supportcd through short-tenn grants from Comi¢ Relief. the Trussell Trusl und (hc RBC Innovution Fund. wliicli hclpcd covcr the project5 core costs for th¢ balanc¢ of the year, and into 2024125. In Deceniber 2023 we siarted lo receive soinc funding from Comic Relief who waiitcd to suppori Ihc Pantry and Foodbank tackling food poverty and food insccurity, wliich are part of Ihcir aims. Through this relationship the Appcal film wai crealcd, and thcy also r)ffered io hclp us wilh a second award toward8 50mc of our ongoing ¢ore ¢o$t$. This fundiiig runs from March 2025 Ihrougl) to F¢bruary 2027. We hop¢ to strengthen this r¢lalion$hip throughout thi$ period of lime. As of Novcinber 2025 oiir Inain cor¢ fundii)g support froin the National Lottery Community Fund will end leavin¥ us Ivilli Ilic cl)alleii&ye uf sourLiiig and finding new support. Tlii5 fLiiiaiiis oil o11￿011]g siistainobiliLy Ll)iillci)gc for VCFSE organislltions. and is sornething we often hi￿lIght with fuiiders or otlier potuiitial commissioiiiiig orgai)isations in order to advocate for better long-lenn ￿ndIng solutions in thc futur¢. 14- Inspire Middleton Company Limited by Guarantee Trustees. Annual Report {Incorporatlng the Director's Report) fcontinuedj Year ended 31 March 2025 Plans for future periods With regai'ds to the future. and the upcoming year, our biggest and most immediate challenges are: E. Continuing lo support our cxi5ting and neiy visltors and empow¢Ling them to improve their lives througb th¢ range of servi¢¢s that they Can a¢cess Ihroiigh the Lighthouse Project. 2. Building up our voluntecr capacity so Ilidl we can continue to offer a full and varicd selection of activities for them lo support. 3. To dcvelop and expand our donor and Funder base in support of our ongoing growth, lielping us to be 8uslainable in our ambition to be less reliant on short-lerm gTant fiinding. 4. To participate in the discussions about public scrvicc reform and the development of better and stronger links and fundingy for the VCFSE sector, and our5cIvcs. 5. Devcloping nciv rcsources to mect cincrging needs brought on by the cost￿f-1LvIng erisis, e.g. increased mental l)calth siipport, tacklin&1 isolation and loiieliness, clc. (). Pronioling tli¢ availability of community rooms and spaees that can be hired, which will help us offer more services and build up 4 SUStoin4lblc inconic strcan). We will continue lo reflect and review hoiv wc operatc, we are keen lo cnsure that our ivork remains effective and efficicnt in an cver changing environmeiil. Revi¢w and reflcction is an ongoing Process csi)eci4illy as wc scc neiv nccds and emerging issues showing themselves in Ihe coiiiinunity and widcr society. Thankfully our strucbjre and Icam dynamic allows us to be light of foot in adaplii)&y to cliange and meetin8 new n¢cds. Tiiis 1$ soinerhing we have confidence in being abl¢ io do in the year to coin¢. We ivaiil lo offLr Inore face-lo-facc services and expand the ttlalional basis of our work. We have learnt a number of lessons froin liaving to adapt and rethink our methods and approach over the last few years, and we want to continue this. We want to say 'TI)ank You, to everyon¢ who has contributed to our work and achi¢vemeni$ over this last year. Togcihcr we have been able lo achi¢v¢ so much. We trust that this report inspires you ag much as il lias inspired us. SMAII compAny provlslons This report has beLn prepared in a¢cordftnce with the provision8 applicable ¢0 companies entitled to the smalL ompani¢s ¢xeniption. -15- Inspire Middleton Company Limitad by Guarantso Trusteas. Annual Report (Incorporatlng the Dlrectorfs Report) (contlnued) Year ended 31 March 2025 The trust¢C8' annual report was approved on 9 December 2025 and signed on behalf of the board of trustees by: C.A. Roach Tn￿te< 16- Inspire Middleton Company Limited by Guarantee Independent Examiner's Report to the Trustees of Inspire Mlddleton Year ended 31 March 2025 I report lo the ttustees on my examination of the financial statements of Inspire Middleton ('the charity) for the year cnded 31 Marcli 2025. Responsibilities And bosls of report The trustees are also Ihc directors of the company for th¢ purposes of company law ar¢ responsible for the preparation of the financial slatemenls. The trustees considcr th£il an audit is not required for this year under section 144(2) of the Charities Aci 2011 (the 201 l Act) and Ilial ali indcpeiident exaininalion is necded. l.laving satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination. it is my rcsponsibility to.. examine the accounts under section 145 of the 2011 Act. co follow tli¢ procedures laid down in the general Directions given by the Charity Commission under sccllon 145(5){b) of the 201 l Act.. and lo slate ivheiher particular matters have com¢ (o my attention. Independent examlner's statement Since the charity's gross income cxceedcd £250.000 your exartiiner musl bc a mcmbcr of a body listed in 8eclion 145 of the 2011 Act. I confinn that l am qudlificd lo undertakc Ihe examinalioi) bccause l a tnen)ber of tli¢ Institute of Chartered Accountaiils in England and Walcs (ICAEWI, whicli is one of tlic listed bodi¢s. I have completed my ¢xaininalion. I coiifirin that no niatl¢r5 hav¢ ¢ome to Lny all¢ntion in ¢onneclion with the examination givin¥ me ¢ause to believe.. accountin8 rccords were not kcpl in r¢$pecl of the charity as r¢quir¢d by section 386 of the 2006 Act. or Ili¢ finniitiAI stlltements do not accord with those records. or the finilncial stalcmcnts do not comply with thc accounting requircments of scclion 396 of the 2006 Act oilicr than any r¢quircmcn( thut Ilie accoLinls give a 'lrue and fll1￿ view which is not a inatler considered as part of an iiidepcndent exaniinalioii. or the financial stalcments hav¢ iiot bcen prepared in accordance ivith the Incthods and principles of the St&letnent of Recoinmended Practice for aecounling and reporting by charities applicable to charities prep￿Illg thcir accounts in accoi'danc¢ will) Ihc Financial Reporting Standard applicable in the UK and R¢piiblic of Ireland (FRS 102). -17- Insplre Middleton Company Limited by Guarantee Independent Examlner's Report to the Trustees of Inspire Middleton feontlnued) Year ended 31 March 2025 I hav¢ ao wncerns and have come i¢ross no oth¢r m&ttth3 in conne¢tion with the ￿Mination to whith thntion should be drawn in this Teport in ordcr to enable a proper Unde￿￿DdIng of the dccouuts to bc r¢ach SinoD GrdtollWItBon A.C. tndependeut kniner 2 HeqD Bridge BuryBL9 7HR 9 Demmber 2025 18 Inspire Mlddleton Company Limited by Guarantee statement of Flnancial Activities (including income and expenditure account) Year ended 31 March 2025 2025 2024 Unrestrteled funds Restricted funds Total funds Total funds Note In¢ome Donations and grant8 Othu trading activities Investineiit incoine Other income 74.378 70.515 5,424 7,935 158,252 300,808 375.186 70,515 5,424 7,935 459,060 242,431 67,173 2.917 Total Sneomo 300,808 312,521 Expendlture Expcnditure on charitabl¢ a¢livilies Tutlll expenditure 9,10 38,137 38,137 294.433 332,569 276,512 294,433 332,569 276,512 Net Income And nct movement In fuTJds 120.115 6.375 126,491 36,009 ReconclllAtlon of funds Total funds brought forward 269,228 25,589 294,817 258,808 294,817 Total funds carrled forward 389,343 31,964 421,307 The $talcmcnt of financial aclivitics includcs all gains and losses reco8ni5cd in th¢ year. All inconic oiid cxpcnditurc derive froni coi)tii)iiin¥ octivities. The notes on pages 21 to 29 form part of these flnanclal statements. 19 Inspire Middleton Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Note Flxed assets Tangible fixed assets 15 949 1.265 Current assets Debtors Cash at bank and in hand 16 2,110 427,425 4.615 297.405 429,535 302.020 Credltors: gmount$ falllng due wlthln one yegr Net current assetg 17 9,177 8.468 420,358 293,552 Total assets leis current Ilabllltles 421,307 294.817 Net Asyets 421,307 294,817 Funds of the charlty Restricted funds Unrestricted fund5 31,964 389,343 25,589 269228 Total charlty fuDdJ 19 421,307 294.817 For the year ending 31 March 2025 the charity was ¢ntitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Dircctor8' responsibilitie5'. The members have not required the company to obtain an audit of its financial statements for the year in question in &ccordance with Section 476. Thc directors acknowledge their responsibilities for complying with thc requirementfj of th¢ Art with rcspect to a¢counting records and the preparation of fmancial staternents. Thes¢ financial 8t&temenls have been pr¢pared in ￿COrd?n¢e with the provision5 applicable to companies subject to th¢ small companies, r¢gime. These financial .8tatements wer¢ approved by the board of trust¢¢5 and authorised for issue on 9 December 2025. and are signed on behalf of the board by: C.A. Roach Thiste¢ The notes on pagos 21 to 29 fomi part of these flnanclal statèments. -20. Inspire Middleton Company Limited by Guarantee Notes to the Financlal Statements Year ended 31 March 2025 General information The charity is a public benefit enlily and a private company limited by guarantee. regiskred in England and Wales and a registcred charity iii Eng111 nd and Wales. The address of the registered office is 18 Aylesbury Grove, Middl¢ton, Manch¢st¢r. M24 2TG. Stattment of ¢ompli&nce These financial statcments have bccn preparcd in compliance witli FRS 102, The Financial Reporting Standard applicable in the UK and Il)e Rcpublic of Jreland,, the Siatem¢nt of R¢comm¢nded Practice applicable lo harilies preparing their ￿CountS iii accordance will) the Financial Reporting Standard appli¢able in the tJK and Rcpublic of Ireland (FRS 102) (Chariti¢s SORP (FRS 102}) and the Companies Act 2006. Ae¢ouTrtin% polieie$ BASIS of prcpAratlon The finaiicial stalcrtieiits have bcci) prcpArcd ot) ihe historieal cost basis. Goin8 concern There are no material uncertainties aboui ilie cliariiy's ability lo con(ii)ue. Judgements And key sources of esllmftilon uncertfilnty The preparation of the financial slalciiienls requires management to n1ak¢ judgements. estimates and assumptions Ili&l affect the amouiils rcported. These estimates and judgements are continually rcvicwcd and are based on cxpcrienue and othcr factors, including cxpectalions of fu￿re events that are believed to be re8&onable Iindcr Ihc circiimstances. Fund Accountln& Unrestricted funds are availablc for usc al the discretion of the trusiees to furiher any of the charity's purposes. Reslricled funds are subjected to restrictions on their expenditure dcclored by the donor or Ihroii&TI) the terni$ of an appeal. Incomlng resources All income is included in the statciiienl of financial activities when the charity is entitled to th¢ income. any pcrforinancc rL'latcd conditions allaclied have been met or are fully within the control of th¢ charity. the income is collsidered probable and the aiiiouLlt can be quantifled with reasonable accuracy. Resources expended ExpciiditLire 1$ I'eeogni$¢d on ali iicenic11s basis as a liability is incutyed. Expenditure includes VAT and is r¢portcd a5 Part of the expcndilLirc lo whicli it rclales- Charilablc exp¥nditiire coinprises thos¢ ¢osts incurred by the charity in tlie delivery of its activilics alld services for ils beneficiaries. It in¢lud¢s both costs that Can be allocated directly ¢0 such activities and those costs of an indirect nattire n¢¢¢55ary to support them. -21 Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 Acenunting policics (L'ontiiiiied) Tangible osscts Tangible asscts are iiiitially reLOI'dcd at cosl, and subsequcnily statcd al cost less any accumulated depreciation and impainnent10$5¢5. Any taTLgible asscts eairied ai revalued amounts are recorded al the fair value at Ihe dat¢ of revaluation less any subscqucnt accumulated depreciation and siibscqucnt a¢¢umuliiled impp4iTmenl losses. Dcprecl&tlon Depreciation is Calculated so as to writc off the cost or valuation of an asset, less its residual value. over the lise￿I economic life of that asset as follows.. 250/0 reducing balance Iiiipalrment of fixed Assets A r¢view for indi¢8tors of impairiiiciit i¥ cllrricd out at each reporting date. with th¢ rc¢ov¢rable amount being ¢Slirndl¢d wliere suGli indicators exi$l. Wliere il)e carrying value exceed.s Ilie recoverable amouiii, Ihe assei is impaired accordingly. Prior impairnicnts are also revicwcd for possibl¢ rcvcrsal at each reporting dale. FlJi4n¢lal instruments A financiul assct or a finaiicial liabilily is recogniscd only wlicn th¢ cntity becoLnes a party to the contractual provisions of the instrument. Basic financial instruinLnts arc iiiilicilly rccognised al the llmount receivable or payable including any related IraiisaLtioii costs, unlLss the arrangcnicni coiislitutes a financing transaction. where it is recognised at the preseni V¢ilLiC ofihc fuNr¢ payrnents dis¢oiint¢d ot a market ra(e of interest for a similar d¢bi instnJm¢nt. Current assc18 and current liabililics iirc subscqiicntly mcasu￿d at the cash or other consideralion ¢xp¢¢t¢d to b¢ paid or received and not di5counl¢d. Deflned contrlbutlon plan5 Contributions to defined contribution plaii¥ are recognised as ali expense in tlie period in whicl) the related scrvice 15 provided. Pi'epaid contribiitions arc recognised as an asset lo the extcnt that the prepayment will le&d to a reduction in future paynent5 or Cli sh refund. Limlted by gusrAntee Tlie coinpuny is limited by guarantee and as such has tto share capital. The liability of the members of the company, Ils set oiit in thc Meinorandiim of Association is limited lo £10 per member in the event of the coi)Ipaiiy bcing woiind up whilst they ttre th niember or within a year of ceasing to be tt member. -22. Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (contlnuodj Year ended 31 March 2025 Dnujtinns and grants Unrestricted Funds Restricted Total Funds Funds 202S Dona¢lon5 Donations Inspire Middleton Donalions Lighthouse Project Donations Foodbank Donations LMA Donations Pantry DoiiatiotLS Toy Appeal Dunalions DIAL 41,030 6,448 8.761 300 2,400 229 48 41,030 6,448 8,761 300 2,400 229 48 Grfints F4ig Lottcry RMBC Foodbank Contribution RMBC Inrtovation fund Trussell TnLsI Action Together Comic Relief 181,235 181,235 3,600 24,950 53,862 27,323 25.000 3,600 24,950 45,000 24,623 25,000 300,808 8,862 2,700 74,378 375.186 Unrestricted Funds Restricted Funds Totsl Funds 2024 l)onation$ Doiiiilioiis Inspirc Middlcton Donations Li¥liil)ous¢ Project Donation$ Foudbank Donations LMA Donations Paiitry 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 Foodbllnk Contribution RMBC Innovation Fund Ti'usscll Trust Action Togciher Coini¢ Rclief 88,989 88,989 3,600 16.380 54.762 10.500 12.500 3.600 16,380 51.750 8,700 12.500 3,012 1,800 64.112 178,319 242,431 -23- Inspire Middleton Company Limited by Guarantee Notes to the Financlal Statements (contlnued) Year ended 31 March 2025 Other trgding activities Unrestricted Total Funds Funds 2025 Unrestiicted Funds Total Funds 2024 Room hire Dial sales and rentals Pantry subscriptions Other in¢on]e 42,618 8,567 19.330 42,618 8,567 19.330 40,283 6,934 19,276 680 40283 6,934 19.276 680 70,515 70,515 67.173 67,173 Investment Ineome Unrestri¢ted TotAI Funds Funds 2025 Unrcstrtcted Funds Totsl Funds 2024 Bank interest reeeivabl¢ 5,424 5,424 2.917 2,917 Other Income Unrestri¢ted Tot41 Fundj Funds 2025 Unrestricted Funds Total Funds 2024 Gift Aid Reclaiin 7,935 7,935 -24- Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (¢ontinu•d) Year ended 31 March 2025 E.Ypenditure oll charitable Aetivlties by fund type Unrestricted Funds Restricled Total Funds Funds 2025 Inspire Middletort Lighthouse Prr>jecl Middletoi) Central Foodbank LI￿thOuse Money Advi¢¢ Liglithouse Pantry DIAL Support costs 2.649 7.007 12.209 8,199 7,096 183 794 2,649 195,650 39,729 76,764 16,800 183 794 188,644 27,520 68.565 9.704 38,137 294.433 332,569 Urtrestricted Funds Rcstricted Funds Tolal Funds 2024 Inspire Middleton LisFh(house Projccl Middleton Ccntral Foodbank Lighthous¢ Mnncy Advice Ligliiliousc Paiitry DIAL SLlPPOrt 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 10. Expendlture on cliArltAblc actlvlilL's by actlvlty type Activitie5 undertaken directly Support costs Total funds 2025 Total fvnd 2024 Inspire Middleton Lighihousc Projcct Middlclon Central Foodbank Liglithouse Moiiey Advice Liglithou5c Pantry DIAL 2,649 195,650 39,729 76,764 16,800 183 2,649 195,650 39,729 76,764 16,800 183 794 4,396 159,381 16,714 71,544 23,218 499 760 GovcriiuiiLc Losts 794 331,775 794 332,569 276,512 11. Net lrtcome Nel income is slated after chargingl(crediting): 2025 2024 Depreciation of tangible fixed assets 316 422 -25. Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements {contlnuodJ Year ended 31 March 2025 12. Independent examination fee8 2025 2024 Fees payable to thc ind¢pcndciit exai)iincr for.. Independent examination of the finaniial siat¢ments 794 760 13. Staff costs Tlie total starrcosls and cinployee bLI)Lfils for the reporting period are analys¢d as follows.. 2025 2024 W1( ges and salaries Social security costs Employcr contributions to pension plans 215,168 10.286 5,026 191.207 8.541 4,479 230.480 204,227 The average liead Count of employees during the year was 12 (2024; 11). The average number of fvll-time equivalent employees during thc year is artalysed as follows.. 2025 2024 No. Number of support Staff Numbcr of adininistrative staff Niimbor of Inanag¢i??¢nt stuff 12 No cmployce rcccivcd employcc bcn¢fils of more than £60.000 during lh¢ ycar (2024,. Nil). 14. Trustee remunerotlon llnd expenses During the year £35,729 (2023.. £34,833) was paid io C.A. Roach a Iruslcc of Ihc cliurity for his employment as Developnient Manager. No monies wcrc paid for aiiy Iruslcc dulics uiiderlaken. 15. Tanglble fixed A55et8 Motor vehicles Totlll Cnst At l Aprll 2024 31 Mar¢h 2025 Depreci&tlon At l April 2024 Charge for the y¢Ar At 31 March 2025 4,000 4,000 2,735 316 2,735 316 3,051 3,051 Carrying amount At31 March 2025 949 949 At 31 March 2024 1,265 1.265 -26- Inspire Middleton Company Limlted by Guarantee Notes to the Flnanclal Statements (continued) Year ended 31 March 2025 16. Debtors 2025 2024 Trdde debtors Prcpaytncnls and a¢¢rucd income Other debtors 154 lJ35 621 2,407 2,087 2,110 4,615 17. Credltors: amounts fAlllng due wlthin one yeAr 2025 2024 Trade crcdilors Accrnals &nd deferred in¢oine So¢i41 security and other taxes Other ereditors 1,034 2,742 3,753 1,648 50 3,074 3,773 1,571 9,177 8.468 18. Penslons other post retlrement beneflts Dcflncd contributlon plRn8 Tli¢ ainouiit recognised in income or eXpenditt￿e AS an expense in relation to defined contribution plans was £5,026 (2024.. £4,479). 19. An8lysls of charltAble funds Unrestrlcted funds At Exp¢uditur¢ 31 MArch 2025 At l April 2024 Incotnc General funds 269.228 158,252 (38,137) 389,343 At Expenditure 31 March 2024 At l April 2023 Income G¢neral funds 258.008 134,202 (122.982) 269.228 .27- Inspire Middleton Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 19. AnAlysis of chAritable funds (cwiiriiiiied) Restrieted funds At Expenditure 31 MArch 2025 At l April 2024 Income Comic Relief Rochdale Innovation Fund Big Lollery Action Together Anibilion for Aging Triissell Trust 3.625 22.300 24,950 l81.235 27,323 (22.300) (22,340) (182,789) (21.204} (800) {45,000) (294.433) 3,625 2,610 19.610 6,119 21.164 800 45.000 25.589 300.808 31,964 At Expenditure 31 March 2024 At l April 2023 In¢om¢ Comic Relief Roclidale Innovation Fund Big Lottery Action Together An)bition for A¥in8 Trussell Trust l2,500 16.380 88.989 8.700 (8.875) (16,380) (67.825) (8.700) 3.625 21,164 800 800 51,750 178,319 (51.750) (153,530) 800 25,589 20. Analysis of net Assets bctwcen funds Unreslricled Funds Restricted Total Funds Funds 2025 TtLngible fixed llssets Current as5et5 Creditors less than l year Net A8sets 949 391.947 (9,177) 383,719 949 429,535 (9,177) 421,307 37.588 37,588 Unrestricted Funds Restricted Fund& Total Funds 2024 Tangible fixcd osscts Current assets Crcditors Icss than l year Net asset5 1,265 276.43 I (8.468) 1.265 302,020 (8.468) 294.817 25,589 269.228 25.589 -28- Inspire Middleton Company Limited by Guarantee Notes to the Financlal Statements (contlnu6d) Year ended 31 March 2025 21. Operoting lease commltments In 2019 a 10 year lease wo$ been $igThed with Middleton Shopping Centre with a br¢akclv4U8e exer¢isable by th¢ charity at 5 years. No disclosure has been made due to the conimereial confidentiality agreement in the lease. -29-