Registered number 07427898
Inspire Communities Limited
Accounts
31 March 2023
Registered Charity 1154176
Inspire Communities Limited Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Accountants' report | 2 |
| Profit and loss account | 3 |
| Balance sheet | 4 |
| Notes | 5-7 |
| Chief Officer's report | 8 |
Inspire Communities Limited Company Information
Chief Officer
Mr D Edeson
Secretary
Mr D Edeson
Accountants
Accounting Solution (Hull) Ltd 15 The Square Anlaby House Estate Beverley Road Anlaby HU10 7AY
Bankers
HSBC Bank
Registered office
The Jean Bishop Integrated Care Centre 63-69 David Lister Drive Hull East Yorkshire HU9 2BL
Registered number 07427898
1
Inspire Communities Limited Accountants' Report
Accountants' report to the directors of Inspire Communities Limited
You consider that the company is exempt from an audit for the year ended 31 March 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account and the Balance Sheet from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Accounting Solution (Hull) Ltd Accountants & Business Advisors
15 The Square Anlaby House Estate Beverley Road Anlaby HU10 7AY
5 December 2023
2
Inspire Communities Limited Profit and Loss Account for the year ended 31 March 2023
| Turnover Other income Cost of raw materials and consumables Gross profit Staff costs Depreciation and other amounts written off assets Other charges Loss before taxation Loss |
2023 £ 74,772 16,125 (24,296) 66,601 (56,003) (2,786) (10,483) (2,671) (2,671) |
2022 £ 81,922 3,724 (14,108) |
|---|---|---|
| 71,538 (67,706) (2,786) (10,204) |
||
| (9,158) | ||
| (9,158) |
3
Inspire Communities Limited Registered number: 07427898 Balance Sheet as at 31 March 2023
| Fixed assets Current assets Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Accruals and deferred income Net assets Capital and reserves |
2023 £ 24,723 202 (3) 199 24,922 (496) 24,426 24,426 |
2022 £ 26,236 1,361 (4) 1,357 27,593 (496) 27,097 27,097 |
2022 £ 26,236 1,361 (4) 1,357 27,593 (496) 27,097 27,097 |
|---|---|---|---|
| 27,593 (496) |
|||
| 27,097 | |||
| 27,097 |
The company is a private company limited by shares and incorporated in England. Its registered office is The Jean Bishop Integrated Care Centre, 63-69 David Lister Drive, Hull, HU9 2BL.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr David Edeson Director Approved by the board on 5 December 2023
4
Inspire Communities Limited Detailed profit and loss account items for the year ended 31 March 2023
This schedule does not form part of the statutory accounts
| Sales Sales Other income Other operating income Cost of raw materials and consumables Purchases Staff costs Wages and salaries Pensions Staff training and welfare Motor expenses Depreciation and other amounts written off assets Depreciation Other charges Premises costs: Rent General administrative expenses: Telephone and fax Stationery and printing Subscriptions Bank charges Insurance Equipment expensed Software Legal and professional costs: Accountancy fees Advertising and PR Other Other direct costs |
2023 £ 74,772 16,125 24,296 47,526 1,089 460 6,928 56,003 2,786 4,361 4,361 300 866 - 1,182 1,123 - 464 3,935 413 1,157 1,570 617 617 10,483 |
2022 £ 81,922 |
|---|---|---|
| 3,724 | ||
| 14,108 | ||
| 58,534 1,647 116 7,409 |
||
| 67,706 | ||
| 2,786 | ||
| 4,000 | ||
| 4,000 | ||
| 300 759 54 967 1,551 446 461 |
||
| 4,538 | ||
| 417 1,249 |
||
| 1,666 | ||
| - | ||
| - | ||
| 10,204 |
5
Inspire Communities Limited Detailed balance sheet items as at 31 March 2023
This schedule does not form part of the statutory accounts and should NOT be sent to HMRC
| Fixed assets Plant and machinery etc Current assets Cash at bank and in hand Creditors: amounts falling due within one year Other taxes and social security costs Other creditors Accruals and deferred income Accruals Capital and reserves Profit and loss account Profit and loss account Brought forward Profit |
2023 £ 24,723 202 4 (1) 3 496 24,426 27,097 (2,671) 24,426 |
2022 £ 26,236 |
|---|---|---|
| 1,361 | ||
| 4 - |
||
| 4 | ||
| 496 | ||
| 27,097 | ||
| 36,255 (9,158) |
||
| 27,097 |
6
Inspire Communities Ltd: 2022/23 Accounts
Annual Financial Report
After a couple of difficult years our financial situation has improved. We have increased our income generation by £5,000 and reduced our expenditure by almost £10,000 in the financial year 2022/23. These positive changes have taken us from a £15,000 deficit in the previous year, to a point where we have broken even.
We do not want to be forever reliant on funding from charitable trusts and foundations, rather it has been our aim for many years for the charity to become self-sustainable, generating our own income and acquiring contract work with statutory organisations such as the NHS and local authorities.
We are very close to achieving this, with the only grant funding in this financial year being a £5,000 annual small grant contribution to support our running costs from the Sir James Reckitt Charity. The charity has supported us on a regular basis for over ten years, and annually since 2015. Our sincere thanks go out to them once again for their support.
Our project work supporting vulnerable and isolated people has continued, with twice weekly social groups and regular food deliveries to older people across the city of Hull.
We continued our contract work with NHS Humber Integrated Care Board (formerly NHS Hull Clinical Commissioning Group) to provide food to their patients at the Jean Bishop Integrated Care Centre in Hull and deliver our social groups there.
One of the ways in which we have reduced costs and improved efficiency this year is by relinquishing our office at 75 Beverley Road in Hull and transferring our admin to the Jean Bishop Integrated Care Centre, which is now also our registered office address.
We look forward to progressing in all aspects of our work over the next financial year so that we can continue to support our local community.
David Edeson Director