IEGISTEIW COMPANY NUMOEI. 06U49534 (EW Walu) REGISIERED CHARrrY NUMBEL. 1129402 FOR THe 31 JULY2•24. THE INSPIAEAND AOIIM FOUNDATION 7fy72 N(*Ur*thm R Man5fiekl NGI8 1BN THE INSPIIE AND ACHAEVE FOUNDATION CONThITS OF THE HNANCIAL STATEMthITS for the ￿ ￿led 31 2024 1 to 5 io 12 13 to 18 19 THE INSPIREAND ACHIEVE fouNDATION UMIT REPORT OF THE TRusfEES for the 31 July 2024 Th trustea who are al￿ dinx*ors of tt* dwlty for th• puryxws of c￿￿lIeS Ad 2006, w•ent thejr repvrt wlth th• ftnanclal of dwtty for the year ended 31 July 2024. The tnJ*e5 ¥k)p￿1 provislons (rf ALrountin8 and Re￿)rtIng by Charhtes: of RecomnwKbJ Pr¥dce appllcable ty d￿ri￿a% preparfng th?ir acc(xmts In accordan￿ wlth the FIMnckl Reponln8 Stsndayd applithk kn the UK and Rq¥ubllcof IrelaThl (FR5 102) I la￿ary 20191. OBJEcfivES AND ACTJVM Objthv •NI Th• In￿lre and Achlvm Fowthlon OAB h a Ytyiknl wlth a * th*lkbf• obJ**. The thncTht of alur4tlon of youn8 IAF operntu In Nottln8hanuhlre and Its xtlvlthJ p* aoul 1&26 n¢* In eduL*kn￿ •nployTnent or Dalnlrrd INEEn, or who arn at rfik d (albJn8 Into thts (xtr•￿. IAF as a thke *xl proy¥nmes to •nabl• ￿￿n8 p￿p to ￿vance In I￿. L4F'I mlmlon •tatWfArt14'lnWrtn8 youni p* thdf b•rt'. IAF'I charltable obJoil¥*s we tr* the and d15th￿l••I pwilw and those Mt In •¢bxatlon, employThent ar¥J t￿n1Th1 by. Irdpldns and wpp)rttng them ￿ make po51￿ve In thelr Il%w, In￿￿TIn¥ and them to ftr#l inlo &Th>i Worwnj In parknernhlp wlth L¥lKalIry￿ oryanlMtlonA, (ther th1￿ A¢tor and b￿rne￿a kn 118ryW creat4 •nd pTh p￿ltIVe pro8r•Mion •upportthl ￿￿¥￿tIl The fOUnd￿On 1> manAi&l iv the tXr**or ¢Ex*xth* *4M> to thtr Board ol Tntgtea Propwnmes are del￿￿1¥￿ In furtherance c foundadon'i oblecll¥w. Therè 11 nwnbors of In tt*al. All n*rrkn of stsff ar• dl• by the Foundation. In the put year, one Truthe r•tJTrl, ￿ the total Is four TnJAea. New are a**d to a￿lY In wrtttng b) the tharlty, •rKI declar• Any canffllcts ol Interest so thAt thelr applk*ton an b? the Tnmlee 80th. A 19 tsken In th• ne¥t BO1￿ me￿n8 ￿ to whtther an 4pOntrnqnt ihDuhJ be m¥1& Pthljc borAfft Th• truttow LThIAmi th•* hmi rkn•J to the oxdn&l In the 04rtty CommEMlon'i ynernl ￿ldIn0 on publk bmafit Wh￿ the alms *KI objth and have LKThplled wlth tt4ilr¢bJt* und¥the Chartuu Aa 2011. 2023f24 has seen the Foundatlon deliver much n•vdvd 4551#m tr> p&iple on Thw8lni of wcl*. The Iniplre and Athieve Foundatlon ￿lped 283 IrKllv5duls ovar thurye of the wlth 64% of thwn prn8roMIN8 Into employnML •Aluratlon or trnlnlng wlthln the financjal year* aml wlth pl￿ne￿I frjr the ilnMKid The barrlerl experlenc•J by the young pwple we h•lp are v•ry h1￿ wlth 79% of our panldpants dIK1¢Al￿ poor heatth. 68% dlTloJln8 lovnlni dlfficultles. I￿1 many a complex mlx of houiln8 IHueA (29%), 4Kldldon 15guu (23%). crtmlrd 114%). are c4rerthts 113%), or ha¥T gJme thro￿ the care tystan17%1. Indepth wpport to navlo•te thwe Inter5ed￿ haj beEn ¥￿￿ tts the youn8 people we help and In urlng prO￿￿10n wlthln thelr dewloprnentJ(w. Our proyamrn ofsupport lor ￿)Un8 p￿e Is holw bewke u l• dlaywn IAF thrno rnaln dalhry mKlwil*ns: kntorlni rralkl. T•wn and Ylxth x¥lal acdth (cnmrn￿I.TM Youth Board. Our and l-Tlme). Detallj are bdow. THE INSPIREAND ACHIEVE FOUNDATlChN I￿ORT OF THE IRU51 lov Ih yav •Mknd 31 2024 H*h￿￿ In81iirfAc.bieY iIIID A T 1011 •OWEPI ¥fthth• COMMUNI.fEA or piknal In athtr *itlnN We fDlkM a 10 Itop pl•n iwwrt• th•n thelrjwnry. Pry•N throuth 10 li not alwa arn Inknffnkn vlng pvJpl• the Mf• spK• kn le•¥T thelr cfjmfwt IItMklls, •￿I￿lIty iklll& IAF k The fvIn￿'S Tn&i d del￿ partTW In Nollln•l•Trth1￿ 4nd Is ylnl nrrtl<*l hr and iupport (or th8 h•thrt to re¥h ￿ • nat1￿￿1 lthyl. Th• te￿ b•Fn8 d•ll¥•Thl Wr•kn Qtythd W￿3 Th• 12 wDpnm• IJ u hllm.. W••k 1: Team bulidlng and plannknq W••kl' R••ld•ntl81 •xeur•lon arKI n•* ch•li•rw W••k M. Fundraliln8ftir. man•A and d•lfv•rfn8 • ¢munftyproJ•ct WMk74' Work •xperlenco plae•mont W••k &. EmpLwblUty •kllL• and next •tw. W••k 1￿11. Supportlni other• In th• eommurtty funrtjonal skllls in1eRcI￿ 8rn THE INSPIREAND ACHIEVE FOUNDATION LIMITED REPORT OF THE TRUSTE for the yar 31 Jdy 2024 Our spa￿ fs a ￿1bj•1 eA(v lo conw and (xrt for hdp fK*m i*hlr#l a scrw. Th15 Vtthal plAth>mi Is des1￿￿ pwple, pwle arKI all oflAF It lunLthnallty &>r Garnln8 Chattln8 Podcasrs aml sdfthlp Ilnkn Crfsli Infornwlon Nodce Board for The Y¢Mrth li a I4￿1C0mlry 4Th1 uJmmunltyth3t dr*Ary Ib munberthlp horn aNI repre$￿ts the ￿le chatty. ￿ the volce of ￿Ung penple, they wlll dlrtttty the suppon pItyAd￿ ￿ the dwrty for w)urq p*)pl¢ and will prnmots connecthlty w1th5n the eommunlty. Tlrn• ll curmtly In d￿?10Pm•M 4Th1 has been d1•i￿rA1 kn help rxkle menlal hulth, ￿dI1 I￿atIon anthodd behI￿r by offerfng pwple ￿meth￿iK to look forwwd to eo*y thy. FKlltsatrxl by our Youth AdJ¥ltles c￿rdin•t￿r, young p&)ple wlll creth And lead thelr own dmÈtable of actmtlu. Tak1ng th• tiffle aclfvity or8anls•J elery day wth thwr whether IVI In8 fvr a walk In the part I￿lUnt￿￿nI In the (y)rnnxmlty or vlths • Ily wlll hm • of Purybtw bulld vltsl PBBr iupport tt> take forwa￿ In th•lr114fjL HNANaAL RÈMEW pollcy The res•r¥es polky fr•e a IMI th•t ts •ullkl•rt to monthi of coJlL co at Apwoxlffiatety £80,(XXI. The I￿• olfrne on the 311Tluly 2024 £91.851 The forth• 13A4 ftnanthl Perk￿ Mt 01£86K boana hm conihjernj the tr• the d￿￿ty. ￿lIe*￿I the expfyx11￿￿ rnluced Ththere appmprlats and cornp lo￿r￿Sts forthe tsllowlnN 12 mortthg wlth Informaknn on the fi¥KlinB In pl•A all th11 rn5Utts In th? boArd belns confldent th• d￿rIty Jufftclent re￿ure• for * l•* thi n•xi 12 months ar*1 th* buls the xwunts hav• beEn preparnd on theplnsconcem bull. FUTURE PLANS IAF has ￿ded upon ftve thtsalc pllllrn ￿ part of Nn5 fmm 202+2027. lo2￿5 wlll ￿ the chwlty rebLrlld doll￿t0 ptrpthlc ￿1& iti opeTrtloM In wth the Wc plllarn: GAOIVTHI aplnd nw41. rn and Impxt af WD8winns for p&yle kry 8rty*ln8 suJtstn&ble. Impathl pwams arKI partnernhlw that support ￿n￿[M dthloprrrt y*cal oJnThlMlonlrp4 al￿. and tak• a holl￿1C peryoTrcentred susfAINABIUTYI Dulkl ￿cIal r•Bwnilblllty. INCLUSlVFtY.. Foslw an Indusiw and apjith ￿￿Tr)nm¥￿ fi>r dl >vunu p￿p1a Stren￿$ ￿ •Kh sxrtklpllni acknOwl￿1n1 thdr unlwe dHllengog and UAUTY: Commh ty del￿rI￿& th• hI*￿t #and1￿15 In our and By a￿tInuO￿lY eAluatln8 Imprtylns our rr￿lOd￿, 4Ye ernrA￿r youth kn reach thdr luil eXLytylon￿ OPPOffjJn]tt& Our dedludon quallty &w¥ntees Impxthl, lrnnsf0nn#￿ exy1￿CeS for all ¢)ur)Dun8 partlclpAnts. CREDIIIUTY: Bulw ￿T￿m￿bIlty In the rthl on 17 March 2009 and rnBlsteved charmy on 5 W 2(#19. The tharfty was e*Jblbshed under a mémtsrnndum of I￿•t￿n whith etsb115h•J tho obJeth arml powus of the diarftable compw and li urttler hs thdes of axoclth. In the of the cfjtnpany bdn8 wound up the rnembw5 are requI￿d to contrIb￿e an amoum not exLwlSni £1. The dlreLtsTh of the c*wltable CDmparbV ar* Its trpJ5tees the of (*￿rtty IThT. The artldes of I%￿4￿0n *te that theR murt be a mlnlmum of two trugtees. NwhT are Iderrtffl￿ fffjm an￿￿￿1 the local COMM￿lty. The Inwlrè and Ach1￿ Foundatlon ves to ernure thtt trurtw the ￿ bu￿n￿ and Fmikal ¢xpedefic* rnwlrul. Thry are awolnted by 0￿1n￿ry rnsoludon to v• for a perlod of f￿rVe•￿. The Inductlon prtscem for any ap￿￿n￿l truthe cofflprf* Im Injdal rmttirf wjth the Bowd ofTnJ#w at whkh 4 pxk li provkled. Th51 Incr￿ a copy of the rrffiiornndum and artldo of aMocl*lon. ay/ ofthe ffiost rttent ￿nTr￿1 re[￿rt wxl accounts, CO￿ mlnut¢s 01 The Both of Trurt￿, the Dlmtsr1Ex￿￿￿ arttl thrte axnyl•th• kry fflIn￿ penonnel olthe CThirfty. In choryè of dlrEdn8 and ujntrolllni the Charfty apert1￿ It on a day to day baslL TnNtsos ofthelrtime freely and no tnjstoe remuneradon or 0xyn￿ wete pald In tha Iw. The DI￿￿r (Ex&wtW li ernplo•J cffi a part41rne buls and clo*ly wlth the Bwd. She Is rejpomlble for the dAy to thy of th• Ch4rtty I￿r li bas*1 on ilmllar ro￿ In the loollty annvilly. The tNsreu Impl•m8nt a rllk An Innu￿ revlvw ofth• whlch the charfty May (xe The ¢thblt*rnrtOftyJt￿ mldoth tlThi rlth fndwltrqw pw1• I￿1 T￿l￿rIble adults pollcy. n￿RENCE AND ADMINIStL47IVI DEfAIiS 06849534 &n814Th4 and W￿•1) 1129402 39D 5tock*Yll G Manbfleld Nollln¢4Thhi NGI8 1LA kts A E PetsGidl￿ Worf W Rc•)nry SdKJol Prfndp M￿YLC￿ld Mrj E A BanEtt Collqe prfnclplè l¥wJh*l 16.4a4) M W Roonvy Hewltt Card Umlted Ststur0ryA￿I[torS 7￿72 NoitIn*￿rn Rob lansfield Nottlnthamshlre NG18 IBN REPORT OF THE INDEPENDEKfAUDITORS TO THE MEMBERS OF THE INSPIRE AND ACHIEVE FOUNDATION Opln We hm 11n￿￿ Stat￿ ofThè Inspjre aThl (tt*'tharfkble com*} for the year entsl 31 July 2024 whlch comprfse the 5ktement of Rnandal Adlvltl4 the BafarKe the Cash Now Sta*rnert arKI notes kn the finv£lal Inclwllng a gumft￿ of SI￿lfi￿rt aC*￿ntIng ￿lIdes. The Ilrt*KtsI te[￿rting that has been appll8J ￿1r prwailon Is appllcable law and Unl￿1 Klryl¢yn Sknlarth (UnFtsJ Klrykn Acmurtlry Praal¢*. In our oplnlon the fir4ncl￿ Skter1￿￿. 81ve a true and falr of thp of the tharlthle Lymnparfs affalr5 a5 at 31 Juty 2024 arml of Its Inc(￿1￿ re￿U￿ ANI app15(xtloTh of resources, Inclullng Its Irmme aNI eyKfitur4 kn the year ha￿ been In accordan￿ wlth the rniuSremÈnts ofthe CoMr￿e5 Act 2(Ml We (￿nd￿ted our audli In wlth Intern￿ Sl•thrdJ IUKI I1￿ (Uk)) ard appli(able law. Our TrspoMSbllit] underth(K Jtandarth further In the Audlknrs, ￿$￿[bill0￿ for thè ofthe flnanclal 5k*rnents Mcdon of our re￿rt. We r• Indep•%knt of the tharltable company In ac¢nrdRn￿ wlth ￿ ethlcal wuIrem￿ts th* are r•l•4ant to our of the firwbclal Itatements In the UK Inclthllry thÈ FRC'S Ethlcal ard fv1fllj￿ our (Alw eth1￿ rthwlbllltiw In 4K£othce whh thtte ulrements. We belle4e that the a￿at ffkncev￿ hm Ot￿1￿ ts ￿lAd￿KInd appr￿01* b) a buil forour opinlon. In awlltin8 the fina￿JaI statem￿, w• th* the tr￿11. dthe buls of ¥Lvunttns In PMPAralon of Jased on the work w• hm perfoffi￿, hm ldenffl￿ ary m*ial untx￿￿1* to orcondttkxM thK 1Th9￿IduallY or o)IleLthIy• may ilgnfftcant thubt on the thartuble company'i abtllty tr) conrthn for a perlod of * leth months from wkn the flnandal for iu Our rn4)oniibiiitla8 the ofthè wtth rewtto conc•m aMdex7ib&l In the rnlev•rt Mthons ofthli RporL The truste•s ar• rel￿nI[￿e forthe other Infonrthon. The fAher Snhjmth cx¥npthi th• Infornmtknn Incl￿ In ￿ Ann￿1 Repoi¢ ott Our oplnlan the fin•r￿￿ Jktfjnffits does not the othor e¥Kryt * th• ￿tant ¢thetwl* •xpllcttty In our In connrxtlon wlth our a￿111 of th•fin￿[al thIEM￿ts. OUT rnSP￿S1blT1ty li to [￿lthe0￿*r Srlormatlon •nd. In dolrvd $0, con•ider Wh￿er the other Infi>nnadon li matèrtally I￿OnI11t￿t wlth the fin￿da1 or our kw1* ol*aIn￿ in the au¢lt or (thtwlw aps￿r$ to be materlally miutatal. If wo Idenufy iuch mawlal wxxJNlthnde• or dppamt m*rlal mlHtstun•nts, ar• r•qulred to dotsrmlne *thr thIA ￿YeS r1￿ to a ma￿11 mlwtstsmeTht In th? sta*m•ts thern*Prn. If, bMI on the VIE hR¥e perfonn•l w conclud0th￿ thwE Is A rnthrtal mlmtAtstyN￿i olthli ¢*her InfonY￿￿. we ar* rlqulral to Wirtth* fxt We kn? nLthlff4 to report In thli In our oplnlon. b￿￿ on the work In the courye ofthe athfft the Informatlon In the R•F￿rt ol the Tnuteu fry the fiTrI￿lI1 yMrAxTfvhkth thefinudal ue prepared li consljtrxrt wlth the fin￿￿la1 And In the118ht of th knu4vléc* and urk1eni￿In8 Of￿ d4rlTAbl2 th* Ir￿1th our oplnlon. Rwnable ￿UrIn￿ Is a hlth level of a5Burnnce, ij nrA a suaram* an a￿lIt cOrn1￿￿¥j In whh IUKI wlll alwvfi det•Lt a matsrfal mlsstat¢ wheft It dsb. Mlutsthme￿ un arfs• fmm or err¢r afKI ￿ ￿n$[der&I m*rfal If, Indl¥Wu8lly or In the aAreWe. could r01Th￿lY be expe￿￿ to InfiueThx the dKIth d u*5 on th• bals ofthu• flnanoal J*ments. The •Xtrmt to whlth our pmc&lura arn cwe dde*dlry Ind￿11￿ (Th￿1 ￿10￿. Thls on•bleJ us to and p•rfonn *dlt tlmm ar•J ¢*tsln a￿lIt￿**th￿ thtt li iufficlenr4Th1 ￿￿Wate prubt on tr* entlty'i abil￿ to cantlnu• A8 • conr4m. The IlkelllKKd ofdèthcting Irre8ularltlo kn Inheorrtfy dlfftcult and ￿ hm deS[￿j our te￿ and woctslums to raduce thli rt . We have enqulred of and the companvi ￿11¢1￿?1$ aNr¥l x*ual Ilwon I￿j d￿rn& . Ravlew ofcoM￿nY mlnutd of meettny oltlwxe wlth - RevSewlnB flnardal dl¥cknure arrfl iwrtlns to a•MM Complian￿ wlth appllc4bl• laws and re8ulatlo . Revbew and t•tlry0ffftan￿O￿￿ ofcontrols, IndudlNJ thro￿ *#tnilowrHI entrt￿ 4r¥J otheralJuth)*ts for appffjpTlatd*SS aThl evalu*lr8 the bu￿n￿ rn￿mIle01 •I￿lfiLl￿ Irydaath. Btrau* of the Inhernit Ilmhatloni of An a￿11[ therE IJ a th•r wbll nL* dewi all inwlthl4 Incr￿11￿8 Ilbxe l••Jiry to A mat•r m11srateTr￿t In the flnanclal Itstem￿ or norrtompllanLY wlth rn8ul4th￿. Thls incrnuu the morn axnpliance whh i law or rtyulatlon li nmovrAI fruffl th• vrtnts 4ThJ trarffjth rEfieLtsI In th• flnantlal a¥ we wlll be les• IlkEly to beccme awar• of Instsnos of nOrKrynplI￿. Tho rlsk 11 ￿1￿ r*lrrf In•8ularldtt due to fr•Jl r•ther th•n enDr. ￿ fraud Involv Intentlonal cona>alm•￿ foryery. col1w1(￿ (Kn1551on or mhry•wewrf*lon. A further d*lon otour rU[#￿IbIlI￿ts (Dr th• I￿￿1t ofthe fin￿￿1 li on the FIn￿CIal Re￿rtIn8 Counclll• at wwW.frcA￿uWaLx1lIQISIU1￿i1b1lIlltt. Thli deKrfptJon fvmis part of our Report dthE Irdep•ndeftt A￿lItOr IEPORT OFTHE INDEPENDENfAUDrroRS TO THE ME41BERS OF THE INSPIRE AND ACHIEVE FOUNDATION This repNt Is mth solelyffj th• tharfkble comwvs mtrnLw x a èxdy. In aLroNlwTr wlth CIW 3 d Part 16 01 the Companles 2C*)6. Our audlt work hal been underfaken so that we mith 5tste to dwltable LDrrwVs memben thosè mattern we are requlred to stste to ttrwn In an a￿111015, reBYt and for ￿ (thr pury¥x To the fvllast oxtent pemlitt￿ ty law. we do Thjt awt or a55ume res￿n11b1Iity to aryone crther than the cFwlkble oynpany and dwltth c(¥nw*s as a Ix￿. for our aLkllt work for th forthe cylnt¢mJ fon1￿￿. OIINErJenkln5 ACCA (Senlor Ststsjtory forand on behalf of Havltt Card Limifed Ststtrtory A￿l￿r5 71>72 Nottlntsm R mAn￿eld Nottln8lwMhlrn NG18 IBN THE INSPIRE AND ACHIEVE FOUNDATION STATEMENT OF FINANaAL Acri￿￿ for yw 31 July 2024 Pertod 1.9.22 Yev EThled 31214 Total 31.7.23 Total tunds Unrethctsl Re51rSctal funds INCOME AND ENDOWMBYTS FR(XM Donthons arKI lelados ChartrtAble &llv5tla 252J43 307W6 450,755 Othwtr•JlrrfxtMIt 5,818 Totsl ZSSJ78 307W6 561974 456,652 EXPENDITUIE ON RaJslThd furds 5,046 Ch•rfrtabl• xtlvlll•& 161. 169h76 412.730 169,175 307h93 417,776 NEf INCOME 1•J 1•4 38,876 RECONaiiATION OF FUNDS Total lun& brought forwud 5J 5,741 3,12 TOTAL FLWDS CAIRIED FORWAID 91WI 91W2 5,748 Pa8e 9 Jl * a•a4 Tthr uyo C•hdknkmdlTrP• ij ai9J7 14 4• 10 THE INSPIRE AND AQIIEVE FOUNDATION CAfjH FIOW ￿AT￿MEN[ for yev ￿ed 31 2024 1.9.22 Jl.7.24 31.7.23 Cash from OFwath)ns 14113 54.187 Nd cash provlded by Opert1￿ acthltlts 14113 54,187 1I11J 54,187 20,705 p¢rfod 87.1105 74.692 The notss fonn part of th•e financial stknents THE INSPIRE AND ACHIEVE FOUNDATION No￿ TO THE CASH FLOW STATEMENT the yw •th131 2024 RECONaLL4mON OF NEf INCOME TO NET CASH FLOW FRaM OPERAII￿ Acnvm Perk 1.9.22 31.7.24 31.7.23 I￿104 38,876 l>w¥redatlon chary Drn In cr•llw (75011) (41•) 21J67 16.056i 1¥113 54.187 ANALYSIS OF CHANGB IN NEf RJND5 At 1.8.23 Cash flow At 31.7.24 NÉt c• Ctsh at WKI In hwxl 7WI B7OOJ 74092 17,005 Tolal 74 07 The notss fomi wt ofth¥e fin￿la1 thtements P¥12 THE INSPIRE AND ACHIEVE FOUNOAnoN NOTES TO THE RNANCIAi srATE4lE￿fs AY the yw ondBd 31 Juty 2024 ACCoU￿1NG PO￿6 The Inwlm and khle4p F￿ndItIon ts A publlc Ilrnlbl by and a dwlty me[￿randuM Ar*1 atYcle5 of assodatson and Incorwxated Fn E￿Jand and W*￿S.The member5 are dlreLtor& ThE prlKlplB xttv5ty ar￿ of The flnarKJal statements of the ¢h4ritable a publlc ber￿ •MIty un¢kr FRS 102. have bEen pr•parul In ccordarts wlth charfl￿ SORP IFR5 1021 arxl R•ponff¥ lry Charitles: Ststernem of RttommeTrJed Prxtl appll(sble to charltles we￿rtn¥ thelr In wlth the FIn￿lI1 5tandMd appllcable In the UK and Republrc al ITelYd IFRS 102) leffe¢d￿ 1 January 2019)., FlnarKW R4￿Sn¥ Starth 102 'The Fln•nclal ReM)rtln8 Stsndard appllcable It) the UK and RWJbI￿ of I￿al￿, ar*1 tr* Conwlts Act 2￿. Thè llnandal ¥k*ments been pr4Mr*l urthr the The finuKlal ¥• thE hi￿0￿•10)$1 trAsls dhw￿le In the rnleAnt tteourtln8 ￿1¢Y Th>t•, and arn prowited rn pounth #wll All InLvme Is In the the tharfty onthmwftto the It Is probable that tr Inc¢xM wlll bè ar•J the c•n be ffl0¥u￿ Llabllldu ar• rw?1geAI ¥ ey*¥Jlture u won • there IJ a lepl or o)nstruct￿ obliptlon commlttlng thE charty ts th •Wd[tu￿ It ll pnthl• that & transfer of tttwK>rnlc bon•8ts ￿11 be In fful￿ent and the amount ofthe obllgatton b• rn•a¥ured r•llabPy. Is far on ￿ •Ecn￿l b￿11 and has bw cl4Mlfled urth hewllw agBrwe all cort rnla*d to th• e&¥ry. Cf)Jts cannot tr* h••Jlnp tly hm beon alloat•d to acmdeg on a con￿*tent wlth the of Depl￿alk￿ li provldul folltrwkry In oth*> WTtreoff a•J¢t over Its I Cornputer•4ulprn•nt 20% ￿ c￿1 Unr•#rithl fvn& can be wed In whh the dwllable Ob￿￿* atthedlxTrllon olthe Re￿11(￿1 lurbli cAn only be ugxl for partkullr wthln the obJ&¥s d the chartty. Re*i(tloM arkn wh spec1f1￿ ty th• domr or when fiirttls am for partlcular rethctal purpomk Fwth•r•Jwl4nthn ofthe nathm pupxe fj￿d b Indwkd th the the flnanclal knent& DONATION5 AND LEGACI 1.9.22 31.7.24 31.723 Don*lons ¥Js Pa8e 13 ContInu￿... TNE INSPIRE AND ACHIEVE FOUNDATION NOTES TO THE RNANCIAi sfATEMENTS. corth kn the y•r e4th131 2024 OThER TRADINGAcfMn 1.9.22 31.7a4 31.7.23 Fundrdl$l￿ 5.818 Perk¥l 1.9.22 31.7a4 31,7.23 FuNlln8 B￿lIa9 560039 450.755 RAISING FUNDS 1.9.22 31.1.24 31.7.23 CtrL41ThABLE Ac￿￿ COSTS Support Dln£t Tota15 Charfrrabl• acdvld 19J9 469h76 SUPPORT COSTS Govemance costs 19A90 NEf INCOMWWENDrrvi Net kna)md(aKwdiurei li after char1rf(u￿*Tr￿. 1.9.22 31.7a4 31.7.23 7.200 Py14 contInu￿... THE INSPIIEAND ACHIEVE FOUNDATION No￿ TO THE FINANCIAL ￿ATEm￿f5- conilThml &Y tty 31 My 2024 TRu5r￿1 REMUNERATION AND MEN￿[[5 There w￿￿ rK) tntyieu, rnnw*ratlon orth*r be4*fftslortt* 31 July 2024 rw fr*r the ￿d￿l 31 july 2023. There no tnAe•5' expenses *wthe 31 July 2024 norlDrthe •¥kn131 july 2023. 1Q STAFF COSTS P•rkd 1.9.22 51.724 31.723 Wap arnl Mlarles 304,665 304,665 The a¥ernp nmthly numtw ofomplo>ws dwlry thè ya•r folb** 1.9.22 Charitsble aalvldu and &Thvnanc* Jl.724 31.7.23 12 No emplo￿1 J¥t•tNYd emOlumw￿ In exa¥ rfl60,(X(I. 11. Total lund5 fund5 funds INCOME ANO EN1)OWm￿ FROM Donattom and Iqpde Charirtable 2U153 170.602 450,755 Othertr*llr&adfvltleJ 5,816 5,818 T*1 278￿50 178,602 456,652 Ralslw fwKIs ChartrtBble actr#ftl 234.120 178A)2 412.TJO Total 239,174 17B,602 417,T16 NEf INCOME 38076 38,876 IECONCIUATION OF FUNDS T¢Aal fuThls fDrwwd (33,1281 133,12• TOTAL FUNDS CAItIIED FORWARD 5,748 5,748 Pa8e 15 contIn￿d... THE IN5PIIE AND ACHIEVE FOUNDATION NOTES TO THE RNANCIAL STATEM￿5. cuthued for 31 kn 2024 1L TANGIBLE FIXED A￿[5 Comptrter equlpment At l AitiiNt2023 #TKI 31 luly 2024 4410 DEPREaATION At l A￿￿t2025 Clwy frjr 20,734 At 31 July 2024 NET BOOK VAWE At 31 July 2024 At 31 July 2023 3,676 Th• ara)undn8 estlmth for d￿p￿I￿on cl eomwthr e4ulWn*￿ was In the I￿E lJnanci41 ￿T. All oxnputhr wwe l ¥ havlrl an e￿IMated useful Ilfe of 5 ￿r￿, rrnlowly thls been e#lma*l at 3 Theth An a41uth￿t w•J ffllde to the to sh￿ the u*ful11(e as hwlffd 2 ￿ rnn4lnlrq at 31rtluly 2023. DEBTOI& A410UNYS FALUNG DUE WITHIN ONEIW 13. 2023 790 97.551 469 28,468 104,341 28,937 aEDrn. AMOUNTS FAWNG DUE wmiiN ONEYEAI 2•24 2023 sod￿ *urlty and other Other crdtto Dof•rrad Incam• Acc￿￿& 1V76 4.720 59A90 14.nT 813 49,392 36,825 101J39 101,757 MOVEMM IN FUNDS At 31.7.24 At 1.8.23 In funds Genornl fwd 5,748 101 91W2 TOTAL FUNDS 741 104 91W2 Pa8E16 ontinued... THE INSPIIE AND ACHIEVE FOUNDATION NOTES TO THE FINANCIAL ￿￿TEmENTs. for the yw ended 31 Jdy 2024 15. N(t Irwent In f￿￿ts, included ITr the axNe aft as (0110￿. Incoming Resourn Movement In fuN15 Gonthl fund ESFA. Prfnc•'s Tri 83J6* Q5174J) 04104 252213 155.178 ll691174 14104 Mansfield BS Found•tlon Big Lnltery fLvnrnunkTaJ Ruth Gonknn Brown ROMO Fund Thoma8 Farr Davld ￿ddell 14719 129.754 14150 1129,754 (11151VJ (4,OWJ (Vl• (9,144) (9hTSJ I￿19 9,144 9h7J Sxklef Jonu 1980 Halley Cllr Henthw dmilon fi Henry Bl4ke Weslyan St Glles Academy Transfomi 10000 19,974 (10,1 119,974 (35, (9,9971 9.997 Athfleld UKSPF BolyNer UK5PF Wothsop UK5PF 1W6 (10JS41 307M6 9•7Wg TOTAL RINDS S￿974 (476W• 104 At 31.7.23 At 1.9.22 In furtrJ5 Genar41 hJrKI 133.1281 38,876 5,748 TOTAL FUNDS (33.128) 38,876 5,748 Py17 contlnued... THE INSMRE ANDACHIEVE FOUNDATION NOTES TO ThE FINANCIAL FfATEMENfs. (¥•rth for Ilx 31 2024 15. CL)mparatlTR net li￿1*￿￿￿ In Ind￿ thEalrn are as fi)Ikhb* IK¢xning Resourcw thment in funds Genttal fund ESFA. p￿r￿'S TnNt 5,896 2n.154 32,980 12U754) 38￿76 2n,050 (239,174) 38.876 Bulldln8Better Opixxtunllles Bi8 Lcthry (C0¢Mi￿￿T￿l 14J37 164,265 114,337) (164,2651 178.602 1178.602) TOTAL FUNDS 454652 (417.T16) 38,876 IELATED PARTY DISCLOSUIEI Tlbi rnl#eAI wty 31 July 2024 Pap 18 THE INSPIIE AND AOIIEVE fouNDAlloN DEfAILH) sfAIEMENT OF FINANaAL AcfiviTIES the 31 2024 Perfcd 1.922 Year Endul 31.724 31.7.23 INCOME AND ￿DoWmENTs Donatlonj FurKlralJlng•¥ents FuThllng Bodies 56W9 450,755 561974 456,652 EXPENOnlAE Sthrlw Inclullry Nl 7494 5.046 Salarfes Ind￿rin8 NI Office rnitsli & 0￿rt Iniura BAnk char Prolect coth rTb Computor wulpm 330mJ 27.330 3J•6 294,5rJ 16.693 120 86,364 432 8709J 144 I4•￿ 400,182 Salarfes Incl￿11￿ Nl A￿lI10Th, remunw*lon Sunddes 7,2(Kl 302 1gJ9 12,548 417.776 N•t Income 104 38,876 Thls pap does not forni W ofts sthtory financial staknnents Pa8e19