ASPIRE
Report and Financial Statements
For the Year Ended 31st March 2025
Charity Number 1150198
Company Number 08290421

Ynot Aspire Ltd
Reference and administrative information
for the year ended 31st March 2025
Charity Name: Ynot Aspire Ltd
Charity Registration Number: 1150198
Company Number:
8290421
Registered Office:
St James, Old School
Cannon Street
Accrington
BB5 2ER
Trustees:
Mr Paul Breaks
0510512020)
Mrs Gillian Cookson
Miss Sarah Mccrossan
Miss Jade Hargreaves
John McGregor
Nick Whittaker
Chair (appointed (2511012019, elected as Chair
Treasurer (appointed 0210312017, re-elected 0411012021)
(appointed 2511012018)
(appointed 2511012019, resigned 1111112024)
(appointed 1711012022)
(appointed 2510212025)
Secretary:
Mrs Sharon Hendrie
Chief Officer:
Mrs Sharon Hendrie
Accountants: Slade & Cooper Ltd, Beehive Mill, Jersey Street, Ancoats, Manchester,
M4 6JG
Solicitors:
Banking:
4JQ
Dickson Haslam, 12 Chapel Street, Preston, PR18BU
CAF Bank, 25 Kings Hill Avenue, Lings Hill, West Malling, Kent, ME19

Ynot Aspire Ltd
Trustees, annual report
for the year ended 31st March 2025
Our aims and objectives
Ynot Aspire is a youlh-focused charity based in Hyndburn, Lancashire, one of Ihe most deprived
boroughs in the UK. Ynot Aspire Ltd. is proud to present this report on the outcomes, impact and legacy
of our work in making meaningful and lasting improvements in the mental health and wellbeing of young
people and families in Hyndburn.
Our mission has always been to bring services together with young people and their families at the
heart of everything we do. This project has allowed us to realise that vision in practical, innovative and
collaborative ways, delivering early intervention mental health support, amplifying youth voices, and
creating long-term partnerships across sectors.
Our Mission: To give young people a voice, reduce anti-social behaviour, shape communities, and
deliver lasting outcomes.
Our charities purposes as set out in the objects in our constitution are to advance in life and help young
people through:
a) The provision of recreational and leisure time activities provided in the interest of social welfare,
designed to improve their conditions of life.,
b) Providing support and activities which develop their skills, capacities and capabilities to enable
them to participate in society as mature and responsible individuals.
Our vision is to raise the aspirations of young people and inspire them to be all that they can be. Our
work is driven by our value statement:
Ynot Aspire staff and volunteers support vulnerable young people by:
Listening to them
Enhancing their life skills
Creating opportunities
Through this work we are:
Giving young people a voice
Shaping Communities
Reducing crime and anti-social behaviour
Delivering sustainable, specific and social outcomes
Ensuring our work delivers our alms
We review our aims, objectives, and activities regularly to help us to stay focused on achieving our aims
and outcomes. Our activities are evaluated to look at the success of each of them and the benefits that
they have brought to those attending. These reviews also help us to ensure that our aims, objects and
activities remain focused on our stated purposes. In particular, the trustees consider how planned
activities will contribute to the aims and objectives they have set. We undertake regular consultation
with beneficiaries and partners each year to inform our work and it's apparent that our focus needs to
remain on prevention and early intervention around young people's mental health and wellbeing. We
work closely with our beneficiaries to ensure that our projects and activities continue to meet their needs
so that they are able to access support that is timely and relevant.
Why Our Work Matters
The need for our services remains high. Many young people in our community face low self-esteem,
poor mental health, and limited opportunities. Referrals to our services have continued to rise post-
pandemic, with increasing complexity in the support young people require.

Ynot Aspire Ltd
Trustees, annual report
for the year ended 31st March 2025
We continue to focus on prevention and early intervention as our core strategy. By providing support
early, we help reduce longer-term harm and ensure young people access the right services at the right
time.
Our Impact at a Glance
Over the last 3 years:
1378 young people with improved mental health awareness
1000+ students engaged through targeted wellbeing workshops
654 young people referred to our Wellbeing Panel
214 entered training, further education, or employment
36 Mental Health Champions trained in schools
90 % + of our volunteers progressed to education, employment, or training
40+ partner agencies actively engaged through our Wellbeing Panel and Family Hubs Network
Key Projects and Achievements this financial year
• Your Volce- Mental Health & Wellbelng
Year 7 workshops, peer mentoring, and awareness campaigns co-designed with young people
reaching over 450 young people
Support groups for students and parents
290 young people referred for low-level mental he8lth support, 236 of whom we worked with
directly
Dedicated Wellbeing Coordinator role continued, streamlining referrals
Formation of a Youth Leadership Group to help shape future provision for young people in
Hyndburn
Your Help- Volunteering and Mentorshlp
6 new volunteers trained in trauma-informed mentoring
Engaged with over 200 members of the community to promote our work and volunteering
opportunities
Volunteers delivered 1..1 mentoring, school drop-ins and workshops
Meaningful volunteering opportunities for students and those with lived experience
'Volunteering gave me confidence, purpose and a future."
Ynot Volunteer
Your Choice- School-Based Intervention
450+ young people participated in workshops on bullying, anxiety, relationships and more
150+ parents engaged through school events
50+ young people supported in targeted group sessions
Your Space- Mentorlng & Tailored Support
1.1 support for 236 vulnerable young people facing anxiety, isolation, and family issues
Services consistently adapted to increase reach and group delivery
Continued support beyond council-funded projects
Your Network- Partnership and Collaboration
Monthly Wellbeing Panel meetings with 40+ partner organisations
Joint funding bids and collaborative planning through The Hyndburn Way
Over 90 organisations engaged in consultation
Extended this year to include the Family Hubs Network, engaging with more adult services.
Facilitated training for panel members in self-harm, neurodiversity and eating disorders

Ynot Aspire Ltd
Trustees, annual report
for the year ended 31st March 2025
4 CHARM- Celebrating Young People
Over 100 young people involved in planning, performing, or being recognised
Red-carpet event celebrating talent, resilience and youth voice
Our forum members learned skills in-.
Event Management
Sound and lighting
Backstage Management
Front of House
Design of programme for the event
Presenting
Design of promotional and marketing materials
The schools all held their own in-house talent event, the winner then going on to represent their school
in the grand final. Alongside this, we also asked schools to nominate young people in several other
categories..
Young Voice Award
For a young person with a powerful voice who has changed something about their school or community
that has been a benefit to others.
Sporting Individual Award
The recipient of this award is a young person who gives 100 % to their sport or activity and aspires to
reach their goals.
Inspiration Award
This award recognises young people who are doing something special and inspirational. We know that
there are some fantastic young people out there who do challenging and amazing things and don't
always get the recognition that they deserve.
Young Carer Award
The recipient of this award is a person who gives hislher time to caring for someone. This could be a
family member or friend who is suffering from a long-term illness or injury. It could possibly be that they
have helped someone through a difficult time in their life.
Each category was sponsored by a local business who then made up our judging panel. They also
chose an overall Young Person of the Year. We engaged with over 100 young people as part of this
year's event.
Stepping
Slone
Yriint Vol¢e
iLiNF.' r

Ynot Aspire Ltd
Trustees, annual report
for the year ended 31st March 2025
NW
Onwarrl

Ynot Aspire Ltd
Trustees, annual report
for the year ended 31st March 2025
Impact
As well as measuring the engagement and benefit of the activities listed above, we have objectives set
out as part of our monitoring and evaluation for our Reaching Communities funding. Below is our
Performance against those indicators to the end of this funding on 31SI March 2025
Outcome 1
Achieved
Target by end of Year
People involved in the
project
report
raised awareness of
the opportunities open
to
them
around
education, training and
em
lo
ment.
People accessing the
project
have
undertaken some form
of further education,
training or employment
159
150
b)
214
240
Outcome 2
Beneficiaries will report
having
raised
awareness of positive
mental health
and
wellbeing and how to
look after themselves.
People accessing the
project
report
having better coping
strategies
and
resilience
1378
900
Outcome 3 a)
726
500

Ynot Aspire Ltd
Trustees, annual report
for the year ended 31st March 2025
b)
Beneficiaries will report
feeling less isolated,
more aware of services
and how to access
them.
The
number
volunteers trained.
People involved in the
project
report
increased
self-
confidence
726
300
Outcome 4 a}
of
27
30
b)
567
300
Looklng Ahead
Our focus in the coming year will be on:
Expanding mental health and wellbeing work across schools and communities
Empowering young people through leadership, peer mentoring, and social action
Developing social enterprise opportunities for sustainable change
Strengthening partnerships through consortia and integrated delivery models
Financial Information and Review
Net assets at year-end: £341,5531£10,295 restricted funds and £331,258 unrestricted funds)
Main funding sources.. Reaching Communities, UK Youth Thriving Minds, local PCNS
Forecast.. Funds sustainable until March 2027 barring unexpected changes
We continue to diversify income streams, currently 4 out of 6 secondary schools pay for our services in
school. We will seek out collaborative funding bids to safeguard the future of our services.
The principle funding source for the day to day operational side of the charity comes from the Big Lottery
Reaching Communities Fund. Due to the nature of this funding over the next 3 years {reducing year
on year) we began charging schools for our services from September 2022. We also received further
funding from UK Youth's Thriving Minds funding to enable us lo extend the contracts of our 2 Youth
Workers. Funding is becoming more difficult to come by and we have put in several bids this year that
have been unsuccessful. We continue to try and diversify our income streams as much as possible.
The purpose of the operating Reserve Policy for Ynot Aspire is to ensure the stability of the mission,
programs, employment, and ongoing operations of the organization. The operating Reserve is intended
to provide an internal source of funds for situations such as a sudden increase in expenses, one-lime
unbudgeted expenses, unanticipated loss in funding, or uninsured losses. The reserve may also be
used for one-time, nonrecurring expenses that will build long-term capacity, such as staff development,
research and development, or investment in infrastructure. Operating Reserves are not intended to
replace a permanent loss of funds or eliminate an ongoing budget gap. It is the intention of Ynot Aspire
for Operating Reserves to be used and replenished within a reasonably short period of time. The
Operating Reserve
Policy will be implemented in concert with the other governance and financial policies of Ynot Aspire
and is intended to support the goals and strategies contained in these related policies and in strategic
and operational plans.
The Operating Reserve Fund is defined as a designated fund set aside by action of the Board of
Trustees. The Operating Reserve Fund will be funded with surplus unrestricted operating funds. The
minimum amount to be designated as Operating Reserve will be established in an amount sufficient to
maintain ongoing operations and programs for a set period of time, measured in months. The Operating
Reserve serves a dynamic role and will be reviewed and adjusted in response to internal and external
changes.

Ynot Aspire Ltd
Trustees, annual report
for the year ended 31st March 2025
The target minimum Operating Reserve Fund is equal to SIX months of average operating costs,
currently estimated at £36,000. The calculation of average monthly operating costs includes all
recurring, predictable expenses such as salaries and benefits, occupancy, office, travel, programme
and ongoing professional services. Depreciation, in-kind, and other non-cash expenses are not
included in the calculation. The calculation of average monthly expenses also excludes some expenses
such as Trustee and Volunteer expenses that would not be accounted for within the predictable
expenses listed above.
The amount of the Operating Reserve Fund target minimum will be calculated each year after the
approval of the annual budget, reported to the Finance CommitteelBoard of Trustees, and included in
the regular financial reports.
Governance, Risk & Structure
Ynot Aspire is governed by a board of trustees with diverse skills and expertise. We meet quarterly and
operate under our 2012 adopted constitution. The Chief Officer oversees day-to-day operations, staff
development and delivery of our strategic aims.
We maintain a risk register, updated annually, with procedures in place to ensure compliance, safety
and resilience.
The Board of Trustees meet on at least a quarterly basis and are responsible for the strategic direction
and policy of the charity. The members come from a variety of professional backgrounds, bringing a
wide knowledge base to the Board. The Secretary and Chief Officer are also in attendance at these
meetings but have no voting rights.
The day to day running of the charity and provision of services rests with the Chief Officer. It is their
responsibility to ensure that the charity delivers the specified services and that we are working towards
our outcomes and targets. They also have responsibility for supervision of staff and volunteers,
ensuring that they are able to access relevant training and continue to develop their skills and
knowledge.
Our Commitmènt
We believe every young person deserves the opportunity to thrive. With persistence, compassion and
partnership, we will continue to ensure that when young people come to us for help, they leave with
hope.
Accountants
Slade & Cooper Ltd were appointed as the charity's accountants in December 2013. This report has
been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting
by Charities.

## Ynot Aspire Ltd 

## Trustees’ annual report 

## for the year ended 31[st] March 2025 

## **Statement of responsibilities of the trustees** 

The trustees (who are also directors of Ynot Aspire Ltd for the purposes of company law) are responsible for preparing the trustees’ 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 these financial statements, the trustees are required to: 

- Select suitable accounting policies and then apply them consistently 

- Observe the methods and principles in the Charities SORP 

- Make judgements and estimates that are reasonable and prudent 

- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements 

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and 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. 

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006. 

The trustees’ annual report has been approved by the trustees on 04/11/2025 and signed on their behalf by 

Paul Breaks (Chair). 

9 



## Independent examiner’s report 

## to the trustees of 

## Ynot Aspire Ltd 

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2025 which are set out on pages 11 to 22. 

## **Responsibilities and basis of report** 

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). 

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Jennifer Daniel FCCA DChA 

Slade & Cooper Limited Beehive Mill, Jersey Street Manchester, M4 6JG 

Date: 10/11/2025 

10 



Ynot Aspire Limited
Statement of Financial Activities
(including Income and Expenditure account)
for the year ended 31 March 2025
Unrestricted
funds
Restricted
funds
Total funds
2025
Total funds
2024
Note
Income from:
Donations and legacies
20,904
20,904
29,944
Cha ritable activities
69,998
103,460
173,458
175,262
Investments
664
664
553
Total income
91,566
103,460
195,026
205,759
Expenditure on:
Raising funds
905
905
10,940
Cha ritable activities
29,084
102,375
131,459
132, 844
Total expenditure
29,989
102,375
132,364
143,784
Net Income/{expenditure) for the
year
61,577
1,085
62,662
61,975
Net movement in funds for the year
61,577
1,085
62,662
61,975
Reconciliation of funds
Total funds brought forward
269,236
9,210
278,446
216,471
Total funds carried forward
330,813
10,295
341,108
278,446
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

Ynot Aspire Limited Company number 08290421 

## Balance sheet as at 31 March 2025 

|Note<br>£<br>£<br>**Current assets**<br>Debtors<br>12<br>8,781<br>Cash at bank and in hand<br>336,882<br>**Total current assets**<br>**345,663**<br>**Liabilities**<br>Creditors: amounts falling<br>due in less than one year<br>13<br>(4,555)<br>**Net assets**<br>**341,108**<br>**The funds of the charity:**<br>Restricted income funds<br>14<br>10,295<br>Unrestricted income funds<br>15<br>330,813<br>**Total charity funds**<br>**341,108**<br>2025|_£_<br>_£_<br>_83_<br>283,455<br>**_283,538_**<br>_(5,092)_<br>**_278,446_**<br>_9,210_<br>_269,236_<br>**_278,446_**<br>_2024_|
|---|---|



For the year in question, the company was entitled to exemption from an audit under section 477 of 

Directors' responsibilities: 

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, 

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts 

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. 

The notes on pages 13 to 22 form part of these accounts. 

Approved by the trustees on  04/11/2025   and signed on their behalf by: 

Paul Breaks (Chair) 

12 



Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025
Accounting policies
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the
preparation of the financial statements are as follows:
a Basis of preparation
The financial statements have been prepared in accordance with 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>, second edition
October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting
Practice.
The charity has applied the exemption available to small charities in the Charities SORP (FRS 102) and
does not include a Statement of Cash Flows in these Financial Statements.
Ynot Aspire Limited meets the definition of a public benefit entity under FRS102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy note.
b Preparation of the accounts on a going concern basis
The trustees consider that there are no material uncertainties about the charitable company's ability to
continue a5 a going concern.
There are no key judgments which the trustees have made which have a significant effect on the
accounts.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date
that have a significant risk of causing a material adjustment to the carrying amount of assets and
liabilities within the next reporting period.
c Income
Income 15 recognised when the charity ha5 entitlement to the fund5, any performance conditions
attached to the item(s) of income have been met, it 15 probable that the income will be received and
the amount can be measured reliably.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised
when the charity has entitlement to the funds, any performance conditions attached to the grants have
been met, it is probable that the income will be received and the amount can be measured reliably and
is not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that
probate has been granted, the estate has been finalised and notification has been made by the
executor(s) to the charity that a distribution will be made, or when a distribution is received from the
estate. Receipt of a legacyi in whole or in part, is only considered probable when the amount can be
measured reliably and the charity has been notified of the executor's intention to make a distribution.
Where legacies have been notified to the charityi or the charity Is aware of the granting of probate, and
the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset
and disclosed if material.
Income received in advance of a provision of a specified service is deferred until the criteria for income
recognition are met.
13

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
d Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably
by the charity; this is normally upon notification of the interest paid or payable by the Bank.
e Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestritted funds of the charity which the trustees have decided at their
discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas
of the charity's work or for specific projects being undertaken by the charity.
f Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third
Costs of raising funds comprise the costs of commercial trading and its
associated support costs.
Expenditure on charitable activities includes the costs undertaken to further the
purposes of the charity and their associated support costs.
other expenditure represents those items not fal ling into any other heading.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
g Tangible fixed assets
Individual fixed assets costing £1,000 or more are capitalised at cost. The charity currently has no fixed
assets.
h Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
I Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at
their settlement amount after allowing for any trade discounts due.
14

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
k Pensions
Employees of the charity are entitled to join a defined contribution 'money purchase, scheme. The
charity's contribution is restricted to the contributions disclosed in note 7. There were no outstanding
contri butions at the year end.
Legal status of the charity
The charity is a private company limited by guarantee registered in England and Wales and has no share
capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1
per member of the charity. The registered office address is disclosed on page l.
Income from donations and legacies
Total 2025
Total 2024
Donations
Charity Ball Tickets
18,013
2,891
6,816
23,128
Total
20,904
29,944
All income from donations and legacies are unrestricted.
15

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
Income from charitable activities
Unrestricted
Restricted
Total 2025
Accrington Academy
Big Lottery Fund Grant
Hyndburn Academy
Hyndburn Leisure
Hyndburn & Ribble Valley CVS
Mount Carmel
Rhyddings
Spring North
Tesco Stronger Starts (Groundworks UK)
Wellbeing Panel NHS (Hyndburn PCN)
The Hollins
UK Youth
8,450
8,450
51,885
5,211
3,000
200
3,945
8,144
23,268
1,000
27,575
7,780
33,000
51,885
5,211
2,000
200
3,945
8,144
23,268
1,000
1,000
27,575
7,780
11,000
22,000
Total
69,998
103,460
173,458
Previous year
Unrestricted
Restricted
Total 2024
Accrington Academy
Big Lottery Fund Grant
Mount Carmel
Wellbeing Panel NHS (Hyndburn PCN)
Hyndburn Academy
Hyndburn Leisure
The Hollins
UK Youth
other
7,527
7,527
79,061
7,695
18,982
7, 684
9,000
14,997
20,000
10,316
79,061
7,695
18,982
7,684
9,000
14,997
20,000
10,316
Total
57,219
118,043
175,262
Income from investments
All of the charity's investment income arises from money held in interest bearing deposit accounts. All
investment income is unrestricted.
Cost of raising funds
2025
2024
Event Costs
905
10,940
905
10,940
All expenditure on cost of raising funds is unrestricted.
16

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
Analysis of expenditure on charitable activities
Total 2025
Total 2024
staff costs
Travel
Project costs
Rent
Telephone
Office
Professional fees
Governance costs
Independent examination and accountancy
116,019
475
406
3,465
659
1,742
6,599
114,358
679
8,119
3,623
603
2,944
526
2,094
1,992
131,459
132,844
2025
2024
Restricted expenditure
Unrestricted expenditure
102,375
29,084
115,632
17,212
131,459
132,844
Net Income/lexpendlture) for the year
Thls is stated after charglng/(credltlng)'.
2025
2024
Independent examinatlon
Accountancy
380
1,365
360
1,300
17

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
Staff costs
staff costs during the year were as follows:
2025
2024
Wages and salaries
Social security costs
Pension costs
109,651
4,116
2,252
103,992
7,339
3,027
116,019
114,358
No employees have employee benefits in excess of £60,000. (2024: Nil).
The average number of staff employed during the period was 5. (2024.. 5),
The key management personnel of the charity comprise the trustees and the Chief Executive Officer. The
total employee bersefits of the key management personnel of the charity were £45, 161. (2024: £43,866).
10 Trustee remuneration and expenses, and related party transactions
Neither the trustees nor any persons connected with them received any remuneration during the year
(2024: Nil).
No trustee received travel and subsistence expenses during the year (2024., Nil).
There are no donations from related parties which are outside the normal course of business and no
restricted donations from related parties,
No trustee or other person related to the charlty had any personal Interest In any contract or transactlon
entered Into by the charlty, Includlng guarantees, durlng the year (2024.. nll).
18

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
11 Corporation tax
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation
Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are
applied to its charitable objects. No tax charges have arisen in the charity.
12 Debtors
2025
2024
Trade debtors
Prepayments and accrued income
8,689
92
83
8,781
83
13 Credltors: amounts falllng due wlthln one year
2025
2024
Other creditors and accruals
Taxation and social secu rity costs
2,609
1,946
2,929
2,163
4,555
5,092
19

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
14 Analysis of movements in restricted funds
Balance
at l April
2024
Balance at
31 March
2025
Current year
Income
Expenditure
Transfers
Big Lottery Fund
Tesco Stronger Starts
(Groundworks UK)
Youth Worker
Wellbeing Panel Hyndburn Leisure
Wellbeing Panel NHS
5,891
51,885
(57,810)
(34)
1,000
22,000
1,000
27,575
(1,000)
(16,718)
3,319
8,601
1,000
728
(26,847)
9,210
103,460
(102,375)
10,295
Balance
at l Aprll
2023
Balance at
31 March
2024
Prevlous year
Income
Expenditure
Transfers
Big Lottery Fund
Youth Worker
Wellbeing Panel NHS
211
79,061
20,000
18,982
(73,381)
(16,681)
(25,570)
5,891
3,319
6,588
Total
211
118,043
(115,632)
6,588
9,210
Name of
restricted fund
Description, nature and purposes of the fund
Big Lottery Fund
This funding is over 5 years and is for the set up and running costs of
the Charity, we also employ 2 full time staff from this funding.
Tesco Stronger Starts
(Groundworks UK)
This funding is to provide one-to-one support for young people.
Youth Worker
This funding covers salary and oncosts for the Youth Worker employee.
Wellbeing Panel
This fu nding is for the provision of Well being Coordinator to coordinate
the Wel Ibei ng Panel and referrals into it from partner agencies.
20

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
15 Analysis of movement in unrestricted funds
aiance
at l April
2024
Asat31
March 2025
Current year
Income
Expenditure
Transfers
General fund
269,236
91,566
(29,989)
330,813
269,236
91,566
(29,989)
330,813
Balance
at l April
2023
Balance at
31 March
2024
Previous year
Income
Expendlture
Transfers
General fund
216,260
87,716
(28,152)
(6, 588)
269,236
216,260
87,716
(28,152)
(6, 588)
269,236
Name of
Description, nature and purposes of the fund
General fund
The free reserves of the charity.
16 Analysls of net assets between funds
General
fund
Designated
funds
Restricted
funds
Total
Net current assets/(Ilabl Iltles)
330,813
10,295
341,108
Total
330,813
10,295
341,108
17 Reconciliation of net movement in funds to net cash flow from operating activities
2025
2024
Net income/{expenditure) for the year
Adjustments for:
Decrease/(increase) in debtors
Increase/(decrease) in creditors
62,662
61,975
(8,698)
(537)
1,992
(248)
Net cash provided by/(used in) operating activities
52,763
63,166
21

Ynot Aspire Limited
Notes to the accounts for the year ended 31 March 2025 (continued)
18 Prior year Statement of Financial Activities
Unrestricted
funds
Restricted
funds
Total funds
2024
Total funds
2023
Income from:
Donations and legacies
29,944
29,944
50,119
Charitable activities
57,219
118,043
175,262
142,937
Investments
553
553
311
Total income
87,716
118,043
205,759
193,367
Expenditure on:
Raising funds
10,940
10,940
6, 055
Charitable activities
17,212
115,632
132,844
134,483
Total expenditure
28,152
115,632
143,784
140,538
Net income/{expenditure)
59,564
2,411
61,975
52,829
Net income/{expenditure) for
the year
59,564
2,411
61,975
52,829
Net movement in funds for the year
52,976
8,999
61,975
52,829
Reconciliation of funds
Total funds brought forward
216,260
211
216,471
163,642
Total funds carried forward
269,236
9,210
278,446
216,471
22