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2024-03-31-accounts

Registered number 07427898

Inspire Communities Limited

Accounts

31 March 2024

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 2024. 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 2024

2

Inspire Communities Limited Profit and Loss Account for the year ended 31 March 2024

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
2024
£
86,256
-
(31,718)
54,538
(47,641)
(2,786)
(4,916)
(805)
(805)
2023
£
74,772
16,125
(24,296)
66,601
(56,003)
(2,786)
(10,483)
(2,671)
(2,671)

3

Inspire Communities Limited Registered number: 07427898 Balance Sheet as at 31 March 2024

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
2024
£
23,875
260
(3)
257
24,132
(511)
23,621
23,621
2023
£
24,723
202
(3)
199
24,922
(496)
24,426
24,426

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 2024

4

Inspire Communities Limited Detailed profit and loss account items for the year ended 31 March 2024

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
Bank charges
Insurance
Software
Sundry expenses
Legal and professional costs:
Accountancy fees
Advertising and PR
Other
Other direct costs
2024
£
86,256
-
31,718
45,399
-
-
2,242
47,641
2,786
-
-
300
475
322
1,523
885
52
3,557
428
931
1,359
-
-
4,916
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

5

Inspire Communities Limited Detailed balance sheet items as at 31 March 2024

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
2024
£
23,875
260
4
(1)
3
511
23,621
24,426
(805)
23,621
2023
£
24,723
202
4
(1)
3
496
24,426
27,097
(2,671)
24,426

6

Inspire Communities Ltd: 2023/24 Accounts

Annual Financial Report

After the previous year’s financial report, stating our improved financial situation, having broken even by operating within our means and seeking no new grant funding, the case is the same for this year too.

We are a not-for-profit charitable company, so the objective is not to make financial profits. We do intend to continue generating our own income to sustain our charitable activities and avoid reliance on funding from charitable trusts and foundations. Self-sustainability allows us to concentrate our attention on delivery of activities, rather than spending too much time creating applications and writing reports. This allows us to be more receptive to the changing needs of our beneficiaries and use our time for delivery.

The only grant funding received this financial year was 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 work with the NHS Humber Integrated Care Board and CHCP (City Health Care Partnership) to provide food to their patients at the Jean Bishop Integrated Care Centre in Hull and deliver community activities there.

We look forward to continuing our work over the next financial year in support of elderly and frail people, and our local community.

David Edeson Director