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← Inspire Plus

2024-08-31-accounts

REGISTERED COMPANY NUMBER: 07778125 (England and Wales) REGISTERED CHARITY NUMBER: 1144507

Report of the Trustees and

Financial Statements for the Year Ended 31 August 2024

for Inspire Plus

Wright Vigar Limited Statutory Auditors Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

Inspire Plus

Contents of the Financial Statements for the Year Ended 31 August 2024

Page
Report of the Trustees 1 to 33
Report of the Independent Auditors 34 to 35
Statement of Financial Activities 36
Statement of Financial Position 37
Statement of Cash Flows 38
Notes to the Statement of Cash Flows 39
Notes to the Financial Statements 40 to 46

Inspire Plus (Registered number: 07778125)

Report of the Trustees for the Year Ended 31 August 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objectives as set out in its governing document are to advance education, particularly through sport and physical recreation to the benefit of young people under the age of 25 throughout England and Wales and in particular in the county of Lincolnshire.

The aims of our charity ensuring that young people are Healthy, Happy and Active.

Significant activities

Ensuring our work supports our aims We have updated our strategic plan and our objectives for 2023-26 are to;

Who used and benefited from our services?

We worked with around 180 primary, secondary and SEN schools. High concentration of schools were located in South Kesteven, others being in Lincolnshire, North Lincolnshire, Nottinghamshire, Peterborough, East Ridings, Grimsby, Norfolk, Suffolk and around the Vale of Belvoir area. We supported 124 learners through our PE, Sport & Wellbeing apprenticeships; level 2 Community Activator Coach, level 3 Community Sport & Health Officer and level 4 Sport Coach who were predominantly employed in schools and some businesses working in education. We supported a significant number of families in South Kesteven and Spalding through our Holiday Activity Food provision. Further information of all these activities can be seen in the impact report.

How our services deliver public benefit?

Our main activities currently are delivered to young people through the support and services we provide schools.

Public benefit

In setting objectives and planning activities, the trustees have given careful consideration to the Charity Commissions general guidance on public benefit and confirm that they have complied with their duty in section 17 of the Charities Act 2011 in ensuring that the Charity fulfils both the "benefit aspect" and "public aspect" required. This is evidenced by the attached report.

Over the page details the achievements of the charity and public benefit delivered.

Page 1

x = 2023/24 IMPACT REPORT

Pupils of St Anne’s CE Primary School at the Mini Olympics . - Welcome WY pen = Celebrating Our Achievements We are delighted to present the inspire+ Annual Impact Report, highlighting our efforts and achievements over the past year.

Our innovative programmes help increase children and young people’s physical activity and boost their mental and emotional well-being. However, the need for our work has never been greater. Recent figures show that 1 in 4 children in the UK are classified as obese before they even start secondary school, fewer than half of all children are meeting the Chief Medical Officer guidelines of taking part in sport and physical activity and 48% of young people have reported experiencing a mental health problem.

We continue our mission to ensure that young people in our communities are Happy, Healthy, and more Active through the power of sport and education.

This year, we have extended our programmes to even more schools and communities, ensuring every child has access to high-quality physical education and sport, leadership and enrichment opportunities. Our apprenticeship team have now given over 600 people, the opportunity to work in schools supporting PE, School Sport and increasing physical activity levels.

Sedentarism, worsened by the digital age, contributes to a growing health crisis among young people. In addition, many of the children we work with come from areas of significant deprivation,

where poverty limits their access to extracurricular activities that could improve their physical and mental health.

inspire+ is committed to combating these issues head-on. Our initiatives have not only improved physical fitness but also equipped young people with the confidence, communication, resilience and teamwork skills, they need to succeed in all areas of life.

We hope you are as inspired as we are by the stories of transformation, growth, and success our initiatives and apprenticeships have made possible.

For schools and partners reading this report, the impact is a testament of your support and evidence of the positive

None of this would have been achievable without you. Together, we are building a Healthier, Happier and more Active future for the next generation.

Finally, we would like to highlight and acknowledge the wonderful and huge effort of the inspire+ team who really are making a huge difference to children and young peoples lives every single day.

Vincent Vincent Dorren Vincent Brittain Darren Joint Chief Executive/ Founder Chair of Trustees

Chief Executive/ Founder

Vincent Brittain

Darren Joint

4 A pupil having fun at the Mini Olympics

Mission

Vision — Working together to inspire a community who are

Holiday Camps

Our holiday camps take place in South Kesteven and surrounding areas.

Apprenticeships

Our apprenticeships are delivered in several cohort areas. We serve a large number of schools in the East of England.

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Member Schools

Our member schools are located in South Kesteven and surrounding areas.

Our impact a7 this year

10,000 lives positively affected

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PRIMARY SCHOOLS

We supported schools in providing a diverse breadth of high-quality PE, sport & leadership opportunities for their pupils.

Young Ambassadors

Throughout the year, pupils have supported the PE Lead by promoting healthy, happy, active opportunities in schools and running events and assemblies.

Young Ambassadors were recognised with the bronze, silver and gold awards they received at the Mini Olympics.

Legacy Tour

135 young ambassadors trained this year 46 Legacy Tour assemblies delivered by them

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Leadership Briefing
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Young Ambassadors have delivered the Legacy Tour, through a schools relay covering all member schools over 3 months. Assemblies were delivered focusing on the 2024 Olympics and Paralympics.

Inspirational Ambassador Visits

Our Sports Ambassadors are experts at delivering impactful presentations that resonate with all pupils.

The ambassadors conducted whole-school assemblies and workshops to both classes and targeted groups of children with themes chosen by the schools, tailored to all year groups.

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At Paris Paralympics 2024!
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SAM RUDDOCK JONATHAN BROOM-EDWARDS
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This year, Para-Cyclist World Champion Sam Ruddock, 3 time World Champion High Jump T44 Jonathan Broom-Edwards, Olympic Gold medallist Joe Roebuck, and World Champion Hurdler Dai Greene delivered these inspirational sessions.

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244
143
assemblies delivered
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JOE ROEBUCK DAI GREENE
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Themes explored this year:

How to be our best

Body language communication Setting and achieving your goals Over-coming set backs

Beating challenges Diet and nutrition Achieveing your dreams

The importance of being active and healthy

Pupils participating in the Talented Athletes Programme cooking session

Talented Athletes Programme Nominated pupils in key-stage 1 and their parents were invited to join us at a 6-week community club at a central venue.

Our talented athlete Year 3,4 pupils & Year 5, 6, 7 pupils accessed programmes delivered through a range of virtual and face to face sessions.

Pupils were put through a range of topics including developing sporting fundamentals, psychology, cookery sessions, resilience, teamwork, communication, and fitness testing.

inspire+ Cadets The 6-week programme designed for Key Stage 1 (KS1) Students enabled children to develop essential life skills and values through the power of sport.

YST Inclusion School

As Lincolnshire's Youth Sport Trust Inclusion School, we collaborated with the Sports Games Organiser network to support inclusive sports leader training and delivered four inclusive sport CPD sessions to school staff and apprentices across the county.

260

children accessed our Talented Athlete Programmes

242

children accessed inspire+ cadets

FA Girls Active Story Time This 6-week programme for groups of chosen children combined physical activity with literacy links by utilising the engaging FA Girls Disney Inspired resources.

FA Girls events

As an FA Girls Hub, we organised local festivals to engage young people in physical activity, including Pokémon-themed futsal, Disney-inspired SEND events, and a football festival for over 300 children during the national #LetGirlsPlay day.

Playground Leadership Training

We trained children to become Playground Leaders and upskilled lunchtime supervisors to enable playgrounds to become a more active place through structured play.

199

children accessed our FA Girls Active Story Time programme

222 children trained as Playground Leaders

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In partnership with:
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The 2024 Mini Olympics was a huge success with 2,228 children accessing fun and engaging activities during the 3 days of the event. Activities included sports that appear in the Olympic and Water Paralympic Games such as wheelchair Station 12. Fitness 13. Freestyle sports, badminton, athletics, hockey Frenzy and boccia.

The children also met their favourite sports ambassadors. The participants were treated to the fantastic freestyle football skills of Stephen Gray and involved in the inspirational closing ceremony coordinated by The Royal Ballet and Opera.

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Opening Ceremony
Dancing with the RoyalOpera House
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PGL Half-Day Learning through Outdoor Adventure Activities (OAA) with our PGL half-day access.

Schools accessed thrilling experiences that promoted teamwork and personal growth. Stepping outside the classroom and into a world of adventure and learning.

Active Maths and English Across the year we delivered 6-week blocks of intervention of active maths or activity literacy sessions.

Using full lesson plans, theses sessions have either been delivered to full classes or for targeted intervention to groups of children who are struggling with the topic but can engage with physical activity.

alongside particular areas of learning being focused on in the curriculum.

240 children accessed a half-day visit to PGL

136

children were engaged with Active Maths & English sessions

Sports Day Support

Unlocking the full potential of schools’ sports day. Our team assisted with planning, organising, and executing seamless sports day, ensuring an enjoyable and successful experience for all participants.

PE Leader Support

Our team supported PE leads throughout the year from writing the curriculum map, medium and long term planning, preparing PE for Ofsted, and embedding their inspire+ services for the maximum impact.

to teachers who were new to the role as PE lead.

1120

children supported on sports days

840

children accessed support throughout the year by our PE Leader Specialist

Structured Playground Games Coaching Our coach led engaging and inclusive play sessions during lunchtime, providing a fun and safe environment for children to join in and be active.

Additionally, CPD Opportunities were given to Teaching Assistants and Midday Supervisors to enhance their skills.

CPD Courses

CPD Courses We provided a wide range of free to access courses throughout the year, covering sport specific, PE and key 42 stage-specific topics. schools accessed support for active, Local Festival structured play at Support lunchtimes Working with our local SGO and primary schools, we’ve not only supported local events } with our Sports Leadership Academy, 204 but also organised places acessed on festivals. These our CPD courses for included Boccia, New school staff Age Kurling, Goalball, and a town cross country competition. '

Mentoring Programme This year, we offered four

mentoring programmes to support young people:

Ofsted

Ofsted PE Deep Dive Support

We have provided support to 5 of our schools who have received a deep dive from Ofsted into PE. We have not only provided support to PE leads to prepare for Ofsted inspections, but attending the inspections to support the PE lead through the interview. We are delighted that a number of our services have now been recognised within school reports from Ofsted.

361

children accessed one of our mentoring programmes

5 schools received the Ofsted Deep Dive support

SECONDARY SCHOOLS

We continued to provide extensive support to secondary schools through the provision of leadership training and volunteering opportunities for students across Year 7 to Year 13.

Sports Leadership Academy

Our comprehensive yearly training equipped students to support their PE departments and local events while accessing Level 1 and Level 2 qualifications for Leadership Skills Foundation.

inspire+ Activators

Students were able to continue their leadership roles from primary school into year 7.

They provided activities for less confident Year 7 students. Activators will progress into the Leadership Academy in year 9.

322 Sports Leadership Academy students

Children participating in the Create Day event at St Wulfram’s Church

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COMMUNITY

Our holiday clubs ensure each child receives nutritious meals and healthy snacks daily, as well as providing opportunities to be more active.

Move & Food Camps

Our Move & Food programme is funded through the UK Shared Prosperity Fund with South Kesteven District Council. The funding provides free holiday clubs for reception to year 11 pupils in receipt of benefits-related free school meals in South Kesteven during February, May and October half term breaks. Funding is confirmed for this until March 2025.

Holiday Activities and Food (HAF) Camps The HAF programme is a government-funded innitiative that provides free holiday clubs for reception to year 11 pupils who receive benefits-related free school meals in Lincolnshire during the Summer, Christmas, and Easter holidays.

Our 12 venues impact 6,600+ healthy hot meals 6600+zz Grantham ~2 ~XQ ®= Stamford © oy ~~ The Deepings

Lincolnshire

Over 9 delivery partners 3,000 alongside the skillset of leader hours our sports coaches and teaching staff

In partnership with:

EDUCATION

We are an apprenticeship training provider that helps businesses recruit and train their ideal candidates whilst supporting apprentices and empowering them to develop knowledge and advance their careers.

Apprenticeships Apprenticeships are work-based training programmes that help businesses find and develop new talent. They provide learners with skills, experience, and nationally recognised qualifications while working and earning a salary.

Our learners can support organisations in areas like structured play, extra-curricular activities, sports fixtures, and classroom roles.

98 learners across our four apprenticeship programmes

Our Apprenticeships

Level 2

  • Community Activator Coach

  • • Playworker IN DEVELOPMENT

Level 3

  • Teaching Assistant (PE Focus)

  • • Community Sport and Health Officer

Level 4

  • Sports Coach (School)

TESTIMONIALS ABOUT OUR APPRENTICESHIPS

“You were one of the people who always had faith in me from the beginning and I wouldn’t be where I am today without your help and teachings. Which is how I’ve ended up working for the core team for DRET Sport.”

“Toby has been extremely adaptable and flexible to the needs of the job. He takes on board suggestions and ideas. He is willing to learn.” - Michelle

“Lily has been His attitutude to his a credit to the work in school is team since she very positive and has arrived” he’s enthusiastic for - Thomas learning. - Natalie

“Jay works hard, does all that is asked of him and more, and has really settled well into school life.” - Amelia

“Just wanted to reinforce how good the inspire+ programme is and how much it’s done for me. Honestly the biggest step I’ve taken with my dream of becoming a PE teacher.”

“Charlie has worked hard to build positive relationships with the children and all of the staff. On many occasions other members of staff have approached me sharing positive feedback about him.”

  • Brodie

  • Louise

AWARDS

From our Apprentice of the Month Awards to community and college recognition, our apprentices and the charity received several awards during the 2023/24 academic year:

Apprentice of the Month

Created to show employers' appreciation to their apprentices, this award receives many nominations yearly and encourages apprentices to continue doing their best.

20 Apprentice of the Month winners —

Other Awards

Alabama Thompson Higher Level Award for Excellence Inspire Education Group’s Oscar Style Student Awards

Josh Melloy Trailblazer Award Young Person Learning Provision (YPLP)

inspire+ Highly Commended Lincolnshire Apprenticeship Champion Awards

Lily Smith Partner Student of the Year inspire Educational Group Student Awards

Guests at the Great Hall of Harlaxton Manor at the Gala Dinner \ , 1i ra =P.ap \ "NYMe a =14 \ < Finisj ra ti ira ce

GALA DINNER

Celebrating 12 Years of Success and Building a Brighter Future

in 2023 at the stunning Harlaxton Manor. This event marked a significant milestone, celebrating 12 years of remarkable success while setting the stage for an even more promising future.

The gala honoured Inspire+’s partnerships while actively involving new potential supporters. It showcased the charity’s past achievements, current initiatives, and ambitious plans for the future, all aimed at positively impacting the lives of children and young people.

businesses had the opportunity to deepen their understanding of the charity’s work and explore various ways to offer their support, including participating in an exciting auction.

The event had the presence of inspire+ ambassadors, including Sam Ruddock, Para-Cycling World Champion; Jonathan Broom-Edwards, Paralympian High Jump Gold Medallist; and Dai Greene, former 400 metre hurdle World Champion. The evening concluded with a ‘money can’t buy’ auction with Colin Young an auctioneer who features on BBCs Bargain Hunt.

Throughout the evening, representatives from local

Gala Dinner Outcomes

Over £11,000 was raised on the night to support our mission but more importantly new partners were established who pledged to support the charity continue the work in schools and communities.

Healthy, Happy, Active Young People

01476 578137 info@inspireplus.org.uk ©E080 www.inspireplus.org.uk Charity Number : 1144507

Inspire Plus (Registered number: 07778125)

Report of the Trustees for the Year Ended 31 August 2024

Fundraising Standards Information

The charity does not carry out significant fund raising activities itself and does not use external participators to act on behalf of the charity.

FINANCIAL REVIEW

Financial position

Overall income for the year amounted to £1,298,251 (2023: £1,080,454) with an expenditure for the period of £1,037,875 (2023: £997,960). Net assets of the charity amounted to £1,547,308 (2023: £1,286,932) as at 31 August 2024.

Principal funding sources

The majority of our funding has been generated through our school membership fees, our apprenticeship programmes and Holiday and Activity Food programme. Currently primary schools receive PE & Sport Premium funding from Government and the majority will use a proportion of this to fund their membership. The charity's services support schools meet targets set out by PE and Sport Premium funding grant. Payments for apprenticeships are made by our FE partner Inspire Education Group. Our holiday provision was predominately funded through Holiday Activity Food (HAF), a national programme administered through Lincolnshire County Council.

Investment policy and objectives

Inspire Plus seeks to produce the best financial return within an acceptable level of risk.

The investment objective for the long-term reserves is to generate a return in excess of inflation over the long term whilst generating an income to support the on-going activities of the Charity.

The investment objective for the short-term reserves is to preserve the capital value with a minimum level of risk. Assets should be readily available to meet unanticipated cash flow requirements.

FINANCIAL REVIEW

Reserves policy

To ensure the medium to long term future of the charity the trustees recognise the need to hold reserves to allow for protection of our activities, of which the charity has pledged to continue regardless of if schools are in receipt of Government funding or not and to promote balanced, long term strategic planning. Trustees currently feel there is still sufficient level of risk associated with future funding, notably around PE & Sport Premium that warrants approximately 24 months of expenditure as unrestricted funds, within the general reserves. The reserves at the year end were £1,286,932 representing just short of 18 months of expenditure.

FUTURE PLANS

We will also continue to diversify our income streams. The charity will seek to secure further contracts through Lincolnshire County Council to deliver the nationally funded Holiday Activity Food programme. We will also seek further funding to enable us to deliver this programme during holiday periods the national funds do not cover. We will look to provide further community programmes to engage more children and young people to support them being healthier, happier and active. The charity will continue to organise an annual Gala Dinner which purpose will be to engage local businesses and potential benefactors in order to secure further funds and support.

We will continue to be mindful of the charity's aims of Healthy, Happy and more Active young people when developing future services.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The organisation is a charitable company limited by guarantee, incorporated on 19th September 2011 and registered as a charity on 2nd November 2011. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding ten pounds.

Recruitment and appointment of new trustees

The directors of the company are charity trustees for the purpose of charity law. Should the existing Trustees consider it necessary to appoint further Trustees, they would ensure that adequate training was provided and that any candidate would have the required skills in management and planning. The Charity has trustee indemnity insurance in place, in line with the memorandum of articles.

Organisational structure

The governing body is the board of trustees who are responsible for the administration and investment policy of the scheme. The Chief Executive, who is appointed by the trustees, manages the day to day operation under delegated authority.

Page 30

Inspire Plus (Registered number: 07778125)

Report of the Trustees for the Year Ended 31 August 2024

Induction and training of new trustees

New trustees are presented with an inspire+ induction pack that is now accessed via their trustee hub. This contains all relevant information published by the Charity Commission. Trustees are also periodically sent information about trustee training/awareness courses. Trustees complete a skills audit.

Key management remuneration

The trustees consider the role and responsibilities of key management personnel and review the remuneration package in line with similar charitable entities. Annual appraisals and pay reviews on key management personnel are undertaken based on the individual's performance of their duties and fulfilment of the objectives of the charity in the period.

Risk management

The Trustees' have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to major risks. The Trustees regularly meet and review the risks facing the Charity and the current safeguards in place. Individual risk assessments are in place for each of the charity's programmes. All specialist coaches and staff are DBS checked during their induction process prior to the commencement of their employment with the charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

07778125 (England and Wales)

Registered Charity number 1144507

Registered office

Kempton House Kempton Way Dysart Road Grantham NG31 7LE

Trustees

C Game S J Barter R J Tyler D A Joint T Mountain B Ladva B Lord J Barnes G Hart R Price P D A Stokes S Bull (appointed 24.11.23) (resigned 15.8.24) C Hines (appointed 24.11.23)

Company Secretary

V Brittain

Senior Statutory Auditor

Paul Colcomb FCCA

Auditors

Wright Vigar Limited Statutory Auditors Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

Page 31

Inspire Plus (Registered number: 07778125)

Report of the Trustees for the Year Ended 31 August 2024

REFERENCE AND ADMINISTRATIVE DETAILS Staff

Chris Graves Micky Walkden Carl Blackman Sophie Devenish Samuel Ruddock David Upton Sacha Castell-Smith Chris Wheaton Kane Goswell Jak Bratton Vincent Brittain C Kubaski Vicari Aguiar Pallu Graham Brewer Eleanor Atter Emma Sharpe Sharon Bray Terry Plumb Madeline Griffin Emma Wing Zak Spencer Daniel Watson Freddie Butcher Joshua Melloy Rhys Lewis Amie-Blossom Barker-Ford Cheryl Mcdade Talia Ratcliffe Ria Cherian Paige Cheek Daniel Willcock Sophia Berladyn Sophie Brittain Riley Kidd Joshua Seddon Steve Bull Key Management Vincent Brittain Steve Bull (Resigned as a trustee in August 2024) Jon Clack Chris Graves Emma Sharpe Website

www.inspireplus.org.uk

Page 32

Inspire Plus (Registered number: 07778125)

Report of the Trustees for the Year Ended 31 August 2024

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Inspire Plus for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

  • select suitable accounting policies and then apply them consistently;

  • observe the methods and principles in the Charity SORP;

  • make judgements and estimates that are reasonable and prudent;

  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

  • there is no relevant audit information of which the charitable company's auditors are unaware; and

  • the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

The auditors, Wright Vigar Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on 29 April 2025 and signed on its behalf by:

fd ........................................................................ D A Joint - Trustee

Page 33

Report of the Independent Auditors to the Members of Inspire Plus

Opinion

We have audited the financial statements of Inspire Plus (the 'charitable company') for the year ended 31 August 2024 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

  • give a true and fair view of the state of the charitable company's affairs as at 31 August 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

  • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

  • have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

  • the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

  • the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you

if, in our opinion:

  • adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or

  • the financial statements are not in agreement with the accounting records and returns; or

  • certain disclosures of trustees' remuneration specified by law are not made; or

  • we have not received all the information and explanations we require for our audit; or

  • the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

Page 34

Report of the Independent Auditors to the Members of Inspire Plus

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our work is performed to include an assessment of the susceptibility of the entity's financial statements to material misstatement, including the risk of fraud. Owing to the inherent limitations of an audit, there is an unavoidable risk that material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK).

In identifying and assessing risk of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

  • We plan our work to gain an understanding of the significant laws and regulations that are of significance to the entity and the sector in which they operate. We perform our work to ensure that the entity is complying with its legal and regulatory framework.

  • We obtained an understanding of how the company is complying with those legal and regulatory frameworks by making inquiries to the management and people charged with governance.

We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

  • Substantive procedures performed in accordance with the ISAs (UK).

  • Challenging assumptions and judgments made by management in its significant accounting estimates.

  • Identifying and testing journal entries, in particular material journal entries and an assessment of year end journals.

  • Assessing the extent of compliance with the relevant laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Paul Colcomb

Paul Colcomb (Apr 29, 2025 15:13 GMT+1)

Paul Colcomb FCCA (Senior Statutory Auditor) for and on behalf of Wright Vigar Limited Statutory Auditors Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

Date: 29 April 2025

Page 35

Inspire Plus

Statement of Financial Activities

for the Year Ended 31 August 2024

Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
4
Core Activities
Education
Wrap Around Care
Investment income
3
Total
EXPENDITURE ON
Charitable activities
5
Core Activities
Education
Wrap Around Care
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
444,262
423,447
41,010
78,844
987,563
365,963
305,079
52,671
723,713
263,850
1,273,702
1,537,552		 Restricted
funds
£
310,688
-
-
-
310,688
314,162
-
-
314,162
(3,474)
13,230
9,756		 2024
Total
funds

£
754,950
423,447
41,010
78,844
1,298,251
680,125
305,079
52,671
1,037,875
260,376
1,286,932
1,547,308		 2023
Total
funds
as restated
£
739,671
290,074
33,010
17,699
1,080,454
689,901
254,528
53,531
997,960
82,494
1,204,438
1,286,932

The notes form part of these financial statements

Page 36

Inspire Plus

Statement of Financial Position

31 August 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible assets 12 9,771 - 9,771 13,087
CURRENT ASSETS
Debtors 13 62,181 117,015 179,196 216,230
Investments 14 295,789 - 295,789 263,110
Cash at bank 1,278,335 - 1,278,335 964,805
1,636,305 117,015 1,753,320 1,444,145
CREDITORS
Amounts falling due within one year Amounts falling due within one year
15		 (108,524) (107,259) (215,783) (170,300)
NET CURRENT ASSETS 1,527,781 9,756 1,537,537 1,273,845
TOTAL ASSETS LESS CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES 1,537,552 9,756 1,547,308 1,286,932
NET ASSETS 1,537,552 9,756 1,547,308 1,286,932
FUNDS 17
Unrestricted funds 1,537,552 1,273,702
Restricted funds 9,756 13,230
TOTAL FUNDS 1,547,308
1,286,932
~~—~~

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 29 April 2025 and were signed on its behalf by:

............................................. D A Joint - Trustee

The notes form part of these financial statements

Page 37

Inspire Plus

Statement of Cash Flows
for the Year Ended 31 August 2024
2024
Notes
£
Cash flows from operating activities
Cash generated from operations
1
200,501
Net cash provided by operating activities
200,501
Cash flows from investing activities
Purchase of tangible fixed assets
(390)
Sale of tangible fixed assets
-
Interest received
46,163
Listed investments
-
Net cash provided by/(used in) investing activities
45,773
Change in cash and cash equivalents in
the reporting period
246,274
Cash and cash equivalents at the
beginning of the reporting period
2
964,805
Cash and cash equivalents at the end of
the reporting period
2
1,211,079		 2023
as restated
£
72,334
72,334
(2,569)
253
17,700
(263,110)
(247,726)
(175,392)
1,140,197
964,805

The notes form part of these financial statements

Page 38

Inspire Plus

Notes to the Statement of Cash Flows for the Year Ended 31 August 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Investment income
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Net cash provided by operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
Total cash and cash equivalents
3.
ANALYSIS OF CHANGES IN NET FUNDS		 2024
£
260,376
3,707
(78,843)
37,034
(21,773)
200,501
2024
£
1,278,335
(67,256)
1,211,079		 a
a		 2023
s restated
£
82,494
3,663
(17,700)
(50,008)
53,885
72,334
2023
s restated
£
964,805
-
964,805
Net cash
Cash at bank
Bank overdrafts
Liquid resources
Deposits included in cash
Current asset investments
Total		 At 1.9.23
£
964,805
-
964,805
-
263,110
263,110
1,227,915		 Cash flow
£
313,530
(67,256)
246,274
-
32,679
32,679
278,953		 At 31.8.24
£
1,278,335
(67,256)
1,211,079
-
295,789
295,789
1,506,868

The notes form part of these financial statements

Page 39

Inspire Plus

Notes to the Financial Statements for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Inspire Plus is a Charitable company, limited by guarantee, registered in England and Wales. The charitable company's registered number and registered office address can be found on the Report of the Trustees.

The presentational currency of the charitable company is Sterling.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All incoming resources (including government grants) are included on the Statement of Financial Activities when the charity is legally entitled to the income, when it is probable that the amount will be received and when the amount can be quantified with reasonable accuracy.

Donated goods and services are measured at the market value or cost that the gift would been to the charity.

Investment Income Recognition

Investment income is recognised when receivable and the amount can be measured reliably by the charity. This is normally upon the notification of the interest paid or payable by the bank.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on cost

Assets costing £250 or more will be capitalised.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 40

continued...

Inspire Plus

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

3. INVESTMENT INCOME

Bank interest
INCOME FROM CHARITABLE ACTIVITIES
Activity
Other activities and services
Core Activities
School services
Core Activities
Gala dinner
Core Activities
Grants
Core Activities
Specialist coaching service
Core Activities
Sports clubs and camps
Core Activities
Other activities and services
Education
Apprentice funding
Education
Other activities and services
Wrap Around Care
Reach for the stars
Wrap Around Care

4. INCOME FROM CHARITABLE ACTIVITIES

5. CHARITABLE ACTIVITIES COSTS

Core Activities
Education
Wrap Around Care		 Direct
Costs
£
142,707
2,132
2,366
147,205		 Grant
funding of
activities
(see note
6)
£
1,254
-
-
1,254		 Support
costs (see
note 7)
£
536,164
302,947
50,305
889,416		 Totals
£
680,125
305,079
52,671
1,037,875

6. GRANTS PAYABLE

The charity paid £1,254 (2023: £2,987) in grants to individuals for equipment and coaching in the year.

7. SUPPORT COSTS

Management
£
Core Activities
505,767
Education
296,979
Wrap Around Care
48,227
850,973		 Governance
Finance
costs
£
£
5
30,392
-
5,968
92
1,986
97
38,346		 Totals
£
536,164
302,947
50,305
889,416

Page 41

continued...

Inspire Plus

Notes to the Financial Statements - continued

for the Year Ended 31 August 2024

7. SUPPORT COSTS - continued

Support costs, included in the above, are as follows:

Management

Wages
Social security
Pensions
Insurance
Telephone
Postage and stationery
Sundries
Coaching and equipment
CPD
Travelling
Website support and IT
costs
Other management costs
Depreciation of tangible and
heritage assets
Finance
Bank charges
Governance costs
Auditors' remuneration
Auditors' remuneration for
non audit work
Accountancy fees
Legal fees		 Core
Activities
£
378,117
25,937
21,391
2,744
618
4,618
81
26,594
3,254
22,546
7,660
9,706
2,501
505,767
Core
Activities
£
1,896
1,849
1,586
25,061
30,392		 Education
£
231,383
23,276
15,607
1,373
618
1,101
-
655
1,077
5,274
3,580
11,839
1,196
296,979
Core
Activities
£
5
Education
£
1,278
1,163
-
3,527
5,968		 Wrap
Around
Care
£
41,284
2,137
1,550
458
461
4
-
3
155
604
1,193
368
10
48,227
Wrap
Around
Care
£
92
Wrap
Around
Care
£
426
388
-
1,172
1,986		 2024
a
Total
activities
£
650,784
51,350
38,548
4,575
1,697
5,723
81
27,252
4,486
28,424
12,433
21,913
3,707
850,973
2024
a
Total
activities
£
97
2024
a
Total
activities
£
3,600
3,400
1,586
29,760
38,346		 2023
s restated
Total
activities
£
567,787
42,498
32,483
3,653
1,616
6,023
107
34,751
5,247
33,761
13,495
36,499
3,663
781,583
2023
s restated
Total
activities
£
116
2023
s restated
Total
activities
£
3,400
3,150
1,397
24,837
32,784

Page 42

continued...

Inspire Plus

Notes to the Financial Statements - continued

for the Year Ended 31 August 2024

8. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
as restated
£ £
Auditors' remuneration 3,600 3,400
Auditors' remuneration for non audit work 3,400 3,150
Depreciation - owned assets 3,706 3,663

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.

10. STAFF COSTS

STAFF COSTS
2024 2023
as restated
£ £
Wages and salaries 650,784 567,787
Social security costs 51,350 42,498
Other pension costs 38,548 32,483
740,682 642,768
The average monthly number of employees during the year was as follows:
2024 2023
as restated
Staff 26 26
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was
2024 2023
as restated
£60,001 - £70,000 1 1

The average monthly number of employees during the year was as follows:

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

11. PRIOR YEAR ADJUSTMENT

During the period the activities of the charity were reviewed in further detail and re-analysed in the accounts. As this was a change in accounting policy the prior year figures were required to be reviewed and restated. There was no overall impact on the surplus but items were reanalysed on the face of the Statement of Financial Activities.

Page 43

continued...

Inspire Plus

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

12. TANGIBLE FIXED ASSETS

12.
TANGIBLE FIXED ASSETS
COST
At 1 September 2023
Additions
At 31 August 2024
DEPRECIATION
At 1 September 2023
Charge for year
At 31 August 2024
NET BOOK VALUE
At 31 August 2024
At 31 August 2023
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income
14.
CURRENT ASSET INVESTMENTS
Listed investments
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 16)
Trade creditors
Social security and other taxes
Accruals and deferred income		 2024
£
43,992
135,204
179,196
2024
£
295,789
2024
£
67,256
36,041
14,889
97,597
215,783		 a
a		 Fixtures
and
fittings
£
18,464
390
18,854
5,377
3,706
9,083
9,771
13,087
2023
s restated
£
57,599
158,631
216,230
2023
s restated
£
263,110
2023
s restated
£
-
38,897
14,542
116,861
170,300
a

16. LOANS

The overdraft relates to a fund balance deficit, this is due to timing of money being received by the charity post year end.

Page 44

continued...

Inspire Plus

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

17. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Holiday Activities and Food
TOTAL FUNDS
Net movement in funds, included in the above ar
Unrestricted funds
General fund
Restricted funds
Football Association
SKDC
Holiday Activities and Food
YST Inclusion Schools
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Football Association
Holiday Activities and Food
YST Inclusion Schools
TOTAL FUNDS		 e as follows:
At 1.9.22
£
1,204,438
-
-
-
-
1,204,438		 At 1.9.23
£
1,273,702
13,230
1,286,932
Incoming
resources
£
987,563
6,400
40,000
260,398
3,900
310,688
1,298,251
Net
movement
in funds
£
71,283
(1,169)
13,230
(850)
11,211
82,494		 Net
movement
in funds
£
263,850
(3,474)
260,376
Resources
expended
£
(723,713)
(6,400)
(40,000)
(263,862)
(3,900)
(314,162)
(1,037,875)
Transfers
between
funds
£
(2,019)
1,169
-
850
2,019
-		 At
31.8.24
£
1,537,552
9,756
1,547,308
Movement
in funds
£
263,850
-
-
(3,474)
-
(3,474)
260,376
At
31.8.23
£
1,273,702
-
13,230
-
13,230
1,286,932

Page 45

continued...

Inspire Plus

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

17. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Football Association
SKDC
Holiday Activities and Food
YST Inclusion Schools
TOTAL FUNDS		 Incoming
resources
£
808,939
6,401
23,333
238,031
3,750
271,515
1,080,454		 Resources
expended
£
(737,656)
(7,570)
(23,333)
(224,801)
(4,600)
(260,304)
(997,960)		 Movement
in funds
£
71,283
(1,169)
-
13,230
(850)
11,211
82,494

The charity has the following restricted funds:

Football Association

These funds were received via a grant from the Football Association to provide girls football support in schools.

SKDC

A grant was received from South Kesteven District Council UK Shared Prosperity scheme (Move & Food) to be used against agreed expenditure.

Youth Support Trust

We are the lead inclusion school for Lincolnshire, Funding is received to develop and increase the opportunities for children and young people with SEND.

18. RELATED PARTY DISCLOSURES

During the period the charity paid trustee, R Tyler, for services during the period which were unrelated to his work as a trustee, amounting to £931 (2023: £Nil). There was a balance due to R Tyler at the year end of £Nil (2023: £375).

Key management includes the Chief Executive, and four other members of the charity (2023: Chief executive, and four other members of the charity). The remuneration paid or payable to management for employee services is shown below:

Salaries for the year totalled £160,627 (2023: £190,399). Employer's NI for the year totalled £17,576 (2023: £21,054). Employer's pension contributions for the year totalled £14,289 (2023: £16,078). Expenses reimbursed for the year totalled £5,983 (2023: £5,701).

Page 46