Charfty rrylstratlon nymber 1163533 (England and Walesl LEVENSHULME INSPIRE FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
LEVENSHULME INSPIRE FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustaos Ecox Mr G Sammon5 T A Wiseman Mr T Hopley S Wakefleld S Arshad J B Ralph5-Hill (Appointed l Aprfl 20241 (Appoinied l April 20241 (Appointed l Aprll 20241 (Appointed 16 May 20241 Ch•rlty number IEn8land and Walesl 1163S33 Independent ex3mlnef Milchell Charlesworth (Audltl Llmited 3rd Floor 44 Peter Street Manchester M2 5GP
LEVENSHULME INSPIRE FOUNDATION CONTENTS Page Trustees. report Independent examiner's report Statemeni ol financial actlvliies 8ilance sheet Notes to the flnancial statements 8-19
LEVENSHULME INSPIRE FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financlal statements for the year ended 31 March 2025. The financlal Statements have been prepared In accordance with Ihe accounting pollcle$ Set out In note I to the flnanclal statements and comply wlth the charity'$ governing document. the Charities Art 2011 and "Accounting and Reportlng by Charities.. Ststement of Recommended Practice appllcable to charitles preparln8 thelr accounts in accordance with the Financlal Reporting Standard appliiable in the UK and Republlc of Ireland IFR5 1021" leffectfve l January 20191. ObCte5 Jnd acll¥ltbes The obi¢Yts ol the Inspire Foundallon are= The promoilon and provlsion of community capèclty bulldln8, Includin8 developin8 the capxlty and skllls of the members of the socially and economScally cllsad¥anta8ed communily in such a way that they are better able io Idèniify, and help meei. thelr needs and to participatt morè lully in s<xieiv, The relief and prevention of poverty IncludSng financlal hardship in the locality by provldin8 or 3s51Stin8 In the provlslon ol educatlon. training, and referral wlth all the necessary suppori designed to enable Individuals lo 8enerate or access a sustèlnable Income and be self-sufficlent. The advancement of educatlon in ihose otherwlse dlsadvanta8ed by provlding and assistln8 tralnln8 In soclal and physical skills ol people ol all a8es bui partlcularlv vovn8 people, Ihe elderly, people wlth mental healih needs, refu8eÈs and a5ylurn seeker5. In additlon, the charity will as51st In thè provision of education lor those prèparinB for entry lo any occupation, trade or profe$510n. The trustee5 revlew the airns, objecti¥*s and activities of the charity each year. This report looks at what the charity ha5 achieved and the outcomes ol Its work in the reportin8 perlod. The irvstees report the success of eèch key attivity ènd the benefit the charity has brou8ht to those groups of people that it is sei to help. The review also helps ihe trustees ensure the charity's alms. objective5 and activitiès rernained Iocu5ed on it5 stated purpose. The trustees have rèferred to the guidante tontalnèd in the Charity Commisslon's 8enÈral guldance on publlt bÈnÈfit when reviewing the charity's alms and obledlves and In planniTh8 1¢$ luture activltie5. In particular, the trustees conslder how planned artlvitles wlll contribute to the alms and oblertlves that have been set.
LEVENSHULME INSPIRE FOUNDATION TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢hlevemerrts and perforniance Significont octiviries and ochievements ugoinst objectives The Foundation continued to work with the leven5hulme Inspire CIC to manage the community centre and Cafe to provide a welcoming space to meet local need5. Together with the CIC and Café it has helped to develop a communlty centre that brings people together from diverse backgrounds to work, learn, eat and have fun together. It 55 a resource to all and we alm to be a thrivlng hub lor all members ol the communlty. Our central mlssion Is to unl¢Kk potentlal withln the communily to capacity bulld 8roups and individuals to Improve ihe qualiiy of Ille for ihe whole area. We focu5 on 4 themes of actl¥liy as a COST OF LIVING HU8 for the area.. FOOO- provlsion of a r•n8e ol food support HEAT- a warm and welcomln8 place to 80 ADVICE- availablllty ol support ACTION- a place to come together to take attlon We work with a ranBe of 5takeholder5 and partners, including funders from statutory. charltable and prfvate settors to maintain and develop our servlces and access to a 5UPPOrtive and friendly cornmunity space in Levenshulme. In 2024-2025 the foundation delrvered on the followin8 in line with Its themes of adlvity.. • We are developing our volunteerlng pro8ramme to offer opportunltie5 across a variety ol projects and artlvltie5 at Insplre. Thls includes creaiin8 a clear and supponive proce5s- from in1eeW and recfuiiment to tfainbn8 regular check-Ins- so that all volunteers leel safe, valued and well- supported. We piovide youth actlvStles at the centre, intludln8 hollday pro8rammes For primary-aged children. Throu8h the Awards for All 8rant, we also support other youth hubs durln8 the hollday5 and offer volunteerin8 roles to young people as part ol thesè Inltlatl¥es. • Our cholrs contlnue to grow, fosterln8 a sense ol belonging and wellbelng, particularly among groups that may experience social isolation. such as older people and parent5 of ¥ery young ch11dren, Funded by the Arts Councll, the Bl8 Life Group. The Charity Servlce, and We Love Manchester, the choirs also create Intecgeneratlonal connections and collaborate wtth other communlty cholrs across the city. Our communSty health and wellbein8 offer includes chat and play session with the lotal NHS bfeastfeedSn8 SUPPOrt programme, citltèns advice drop-ln 5essltsn5, 'be smoke Irte" workshops, cornmunity 83rdenSn8. fitness group5 lor over-50s, physical health check5, and regular Iree community mea15 lor older adult5 and familie5. These are supported by luTrdin8 from the Manchester Cost of Uvlng Fund and the Erlc Wrlght Foundatlon. We also host The Bread and Butter ThlnE, providlnB affordable surplus food to the commuThlty. this inltlative includes acces5 to Information and advice services ihfough our partnershlp Wbih Citizens Advice. Addltionally, the foundation supports a URC project lor children. youth, and famllies. delSvered by a dedicated project worker based at the church on our premSses, collaborating with Inspire staff to deliver actSvities ihat benelll the broader ¢ommunlty. • Finally. the Foundation contlnues It5 Stron8 partner5hlp with the Inspired Ta5kforce, based at the In5plre Centre. offerSng vital social support to older members of the communlty-
LEVENSHULME INSPIRE FOUNDATION TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal re¥lew The accounts indicate an overall rise in both income and expenditure compared to pervious year5. De5Plte thi5 8rowth. net income declined, largely due to reduced grant lundinB. highlighting the on80ing financial challen8es posed by risin8 costs, shrinkin8 Ial authority bud8ets. and increased competition for fundin8. In response. we have taken deliberaie sieps to sirenyhen our financlal position by reducln8 dependency on 8rants alone. Our f¢xus on income dSverslfScation has led to growth in other revenue sireams, partitularly room hire1£74,5161 and offlce rtnial Incomè1£19,ocK)I. Durlng the year, the ch3TIty generated a total Incorre 01 £322.429 12024-. £247,2001. wlth total payrnents amountlng to £279,33712024.. £180,511). Nei income for the year was £43,09212024,. £66,689). Unrestrlcted fund5 rose slRnlflcantly from f 38,605 to E115,914, primarily due to one-off E60,CW donation followlng the Teorganlsation and 5implificatlon of CIC and Foundatlon 5trurtures. While thls b005t offer5 some 5hort- term stability. we acknowledge It5 exceptlonal nature and continue to prioritise sustainable, long-term financial planning. At year end, the charlty's bank balanie stood at £133,07912024-. £116.3441. Details ol our lunders can be found In Noie 14. Our smaller 8rants have played an Important role In supportln8 communlty activilies thal brln8 people together to share mea15. enjoy events, and loster respectful relationships. We are particularly thankful to the Our Manchester Funds IOMVCSI. whlch helped cover some corè operating Costs during the year, The wider fundin8 landscape remains difficult. with fewer opportunitles and limited resources for communlty-focused projects. This has made securin8 lar8er scale inrtiaiives increasin8ly challen8in8. affectin8 the CIC as well. Nevertheless, we continue to work closely with partners and fundeis to a£cess both Practical and financial support. We are especially 8raielul to the dedicated volunteer5 who keep our community centre vSbrant and active. LookiTh8 ahead. the charit¥ is committed to developlng new projec15 thal aliBn with our value5 and m1$510n. Resefves poIIcy The Foundatlon Board agreed a flve ytar iarget to Intrèase ils restr1rt funds to cover 3 10 6 Months ol turnover subjett to annual financial pressures, As at 31 March 2025, Ihe rIcted fund5 balance 15 £43.52212024.. £77,739) and total funds are £159,43612024.. £116,3441
LEVENSHULME INSPIRE FOUNDATION TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, go¥ern¥nce and m¥na£ement The Tru5tee5 who Served durinB the year and up to the date of signature of the financiol statement5 were= Ecox Mr G Sammons T A Wiseman IAppo5nled l April 20241 IAppoSnied l April 20241 IAppolnied l April 2024 and resl8ned 19 September 20241 Mr T Hoplev L Oavies S Wakefleld K Lowe IResigned 30 April 20241 (Appointed l April 20241 IAppoSnied 16 May 20241 S Ar5had J B Ralphs-Hlll At presènt the charity trustèès Intludt th0 first appolnted as tht "first irustees" when ihe charlty was establlshed. Th¢ trustees reserve Ihe right to appoint lurther trustees for a period ol three years by the passlng ol a re501ution ai a proper convened meellng of the trustee body wlth regard for the elfectlve adminlstratlon ol ihe charlty. This could include up lo two nominaied irusiees from Levenshulme Inspire Unlted Reformed Church. The Insplre Foundatlon 15 a Charltable Incorporated Organlsation ICIOI whlch wa5 coristltuted on 14 Septernber 2015 and operates accordlng to Its constitvtlon ol that date. It is run by a board ol trustees who meet on a quarterly basls io revlew actlvlties and shape ihe strate8lc dlrertlon of the Foundailon. The irusite5 have no benellcial Interest In the tharilv. All trustees 81 thelr Ilme volunt¥rlly and rtcelve no benefit Irom Ihe charitv. The Tru5tees' report was ¥ppr(sved by the BoJr(l of Trustees. Mr G Samrnons Trustee 1810912025
LEVENSHULME INSPIRE FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEVENSHULME INSPIRE FOUNDATION I report to the Trustees on my emamlnatlon of the flnancial statements of Le¥enshulme Inspire Foundation (the chariiyl for the year ended 31 March 2025. R¢sponslbllltle5 and ba$ ot report As the Trustee5 01 the charity you are responslblt for the prèparatlon of thè finantlal staiemènts attordancè wlth the requirement5 of the Charltie5 Act 2011. I report In respect of my emamlnatlon of the charity's flnanclal statements carrled out under secison 145 of the Char5tles Act 2011. In carrying out rry exatnination I have followed the Directions given by the Charity Cornmi5sion under section 1451Sllbl ol the Charitles Ad 2011. Ind•p•nd•nt •Mmlnerfs stat•m•nt Slnce the charitv's Rf0s5 income exceeded e250.LlXJ, the independent examiner mu51 be a member of a body listed In se(tlon 145 of the Charlties Aci 2011. I confirm that l am quallfied to undertake the emamlnatlon because l am a member ol the Institute ol Chartered Accountant5 01 Scotland. which 15 one ol the listed bodie5, Your atteniion Is drawn io the faci ihat ihe charlty has prepared the financial sia¢ements In accordance with the relevant verslon of the Statement of Recommended Prattice applicable to charitles preparlnR ihelr flnanclal staiements In accordance with the Flnanclal Reporting Standard applicable in Ihe UK and Republlc of Ireland IFRS 1021 In prelerEntE to the Aciovntln8 and Reporting by Charities,, Statement ol Recommended Practice i55ued on l April 2005 whlch 15 referred to In the exlant regulations but has now been withdrawn. l under5taThd that thi5 has been done In order for the financi315taternents to provide a true and lalr view in accordance with UK Generally kcepted Accountin8 Prartlce. I have completed my examination. I confirm that no matters have Come io my atteniion in connectlon wlth the examinatlon 8lvlng mè cause to believt that in aThy rnatÈrial respect,. actountin8 record5 were not kept Sn respect ol the tharlty as requlred by sectSon 130 01 ihe CharltSes Art 2011. the flnancial statements do not accord with those records,. or the flnancial staternents do not comply wilh the applicable requirements concemin8 the form and content of financial staiemenis set out in the Charities (Accounis and Ilewrtsl Re8ulaiions 2(K)8 other than any fequirernent that the Ilnanclal statemenis 8lve a true and lair vlew. whlch is not a matter consldered as part of an Sndependeni examination. I have no concerns and have come acros5 no oiher maiters in conThectlon wlth the examination to which attention should be drawn in this port in order to enable a proper understantlln8 01 the Financlal statements to be reached, Jèmlelee Johnston Mlichell charleS¥rth (Audltl Llmlted 3rd Floor 44 Peter Street Manchester M2 5GP Dated.. 1910912025
LEVENSHULME INSPIRE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unr•strSaod funds 2025 R•strlaod lunds 2025 Totsl Unr•sirlrted funds 2024 R•sirth•d funds 2024 Toi•l 2025 2024 Notes Incorne and tndo¥nnentsfrom'. Donations and le8acies Other trading actwiiies Other Income 130.130 19,989 93,559 71.251 201.381 19,989 101,059 105,229 137,194 242,423 7,500 4,763 14 4,777 Totsl Incor 243.678 78.751 322.429 109,992 137,208 247,200 Expendlture on., Raising funds Charitable actlvltle5 12,672 181,CfjS 466 85,134 13,138 266.199 30,868 54,S76 174 94,893 31,042 149,469 Tot•1 •xpendltur• 193,737 85.600 279.337 85,4tU 95,067 180,511 Net Incomellexpendltuv•l 49,941 16,8491 43,092 24,548 42,141 66,689 Translers between funds 27.368 127.3681 Net mov4m•nt In fvnds 77,309 134,2171 43,092 24,548 42,141 66,689 Rec<>ndllallon of funds: Fund balance5 at l Aprll 2024 38.605 77,739 116.344 14,057 35,598 49,655 FuDd b4l•n¢•s •t 31 M•rch 2025 115,914 43,522 159,436 38,605 77,739 116,344 The staternent tsf flnanclal aciivltles includes all 8alns and losses reerynlstd In the year. All Intome and expendlt¢Jre derive frorn continuinB activlties.
LEVENSHULME INSPIRE FOUNDATION BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Flxed assets Tan8lble assets li 26.716 Current •ssets Debtor5 12 11.511 138.449 5,782 115.139 Cash at bank and in hand 149,960 117.2401 120,921 14,5771 Credltors: arnount5 hlllni du• thIn y••r 13 N•1 turr•nt a$t$ 132.720 116,344 Total •59ets less *1 Ilabllttles 159,436 116,344 Net a55ets excludlnl ptn5bon Ilablllty 159.436 116,344 Th¢ funds gf the charlty Restricted incorne lund5 Unrestricted fund5 14 43.522 115.914 77,739 38,605 159.436 116,344 1810912025 The flnancial statements were approved by the Trusiees on ...... Mr G Sarnmons rNstoe
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 coun1 poll¢les Charlty Infonnatbon Levenshvlme Insplre Foundation Is a charity that supports capaclty-bulldin8 and empowerment artivitles lof taryeied groups in Le¥enshulme and South Manchester. 1.1 kcoUne ¢on¥entlon The financial statements have been prepared in accordance with the charity's governing docurnent. the Charitie5 Act 2011. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland" I"FRS 102.1 and the Charirie5 SORP "Accouniin8 and Reportin8 by Charities.. Staremeni of Recommended Praciice applicable io charities preparin8 iheir accounts in accordance wilh rhe Financial Repoflin8 Standard applicable in the UK and Republic ol Ireland IFRS 1021 lemective l January 20191, The charity is a Public 8enelit Entity as delined by FRS 102. The charity has taken advantage of the provisions in the SORP for charlties not lo Ppare a Statemenl ol Cash Flows. The financial statements have departed from the Charitles (Accounts and Reportsl ReRulaiion$ 2008 oThly io the extent reoulred to provide a true and lahr vlew. Thls departure has Involved lollowin8 the Statement of Recommended Prattlce lor charitie5 applyin8 FRS 102 ratheT than the ver51on of the Statement of Recomrnended Practice which 15 referred to In the Re8ulatlon5 but whlch has 51nce been withdrawn. The financlal statements are prepared In sterlin8. whlch Is the functional currency of the charity. Monetary amount5 In these Ilnancial staiemenls are rounded to the ne•fest £. The Ilnancial staiements have been Ppared under the h1510rlcal c051 convention. The princlpal a¢couniin8 pollcles adopied are set out below. 1.2 Golni toncoffl Ai the tlme of appfovln8 the Ilnanclal statements, the Trustees have a reasonable e¥pectaiion thai the charliy has adequate resources to toniinue In operatlonal exlstence lor the loteseeable future, Thus iht Tfusiees coniinue io adopt the 8oln8 concern ba515 01 accountlng in preparln8 the flnancial 5taternents. 1.3 charable funds Unresiricted funds are available for use ai the di5crelion of the Trustees in furtheran of their charitable objectivts. Restricted funds are subject to speclllc condltions by donors Of 8rantors as to how they may be used. The purposes and uses of the restritted funds afe set oul in the noies to the financSal 5tatement5. IA Incom¢ Income is recognised when the charity 15 legalty entitled to it after any perlormance conditions have been met. the amount5 can be measured reliably, and it 15 probable ihat income will be received. Cash dtsnatlons are rettsgni5ed on recelpt. Other donations are recogn5sed once the charlty has been notified of the donation. unles5 pertorrnance condition5 require deferral of the amount. Income tax recoverable in relatlon to donations received under Gift Aid or deeds of covenant 15 recogni5ed at the time of the donation.
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accoun¥ pollcl Icontlnuedl 1.5 Exper*dltur• Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. it is probable that a transfer of economic benefits will be re9uired in settlemeni. and the amount ol ihe obli8ation can be measuced reliablv. Expenditure Is classSfied by attSvlty. The cosis of eath actlvSty are made up ol the iotal ol dlrett costs and shared ¢0s1s, Including SUPPDrt Costs involved in undertaklng each activity. Direct costs attributable to a Single attivity are allotatèd dlrectly to that activity. Shared costs whlch contrlbute to more than one artlvity and support costs which are not aitributsble to a single actlvity are apporiioned between those actlvlties on a basls conslstent with the use of resources. Central staff costs are allocaied on the basls of time speni, and depreciatlon charyes are allocated on the portlon of the assel 5 Use. 1.6 T•nilble fixed •ssets Tan8lble fixed assèts are initlally measured at tost and sub9veNtIY measured at tost or valuatlon, net of depretiatlon and any Impalrment losses. DepreclatioTr Is reco8nised $0 as io wrlte off the ¢ost or valuation of assets Itss thelr resklual values over thelr useful Ilves on the following bases.. Flxtures. fittln8s & equlpment Compuiers 25% Reducing Balance 33.33% S¢rai8ht knne The gain or1055 ori5in8 on the di5P05al ol an a55et 15 dttermlned as the dlfference between the sale proceeds and the arrying value ol the a55et. and is recogni5ed in the statement ol financial 4ctlvilie5. 1.7 Imylrment ol Ilxed •5sets Ai each reportSn8 end date. the charlty reviews the carrylng amounts of Its tan8lble assets to determine whether ihere Is any Indicatlon that those assets have suffered an Impairmeni loss. 113ny such IndScatlon emists, the recoverable amgunt 91 the asset is estimated In order to deiermlne the exttni Of the impairment loss lif anvl. 1.8 C•sh •nd c•sh equl¥4lents Cash and cash equivalents Include Cash In hand, deposlts held at call wllh banks, other short-term Ilquld In¥e5tments with original maturltle5 of three months or les5. and bank overdraft5. 8ank overdrzfts are shown wh1n borrowlngs In 1.9 Flnanclal Instruments The charity has elecied to apply the provisions of Section 11 '8asic Financial Instruments, and Sertion 12 '0ther Financial Instruments 15sue5' of FRS 102 to 311 of lis financial instruments. Flnancial instruments are reco8nlsed in the charSty'S balance sheei when the charSiy becomes party to the contractual provlslons of the InsirMenI. Flnancial assets and liabilitles are offset. wlth the net amount5 presented In the flnancial ststements. when therè b5 a legally enforce3ble right to set off the recogni5ed amounts and there Is an Intentlon to settle on a net basls or io reallse the asset and sdtle the liability simultaneously.
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accoun¥ pollcl Icontlnuedl 80skllnunclolussets 8asic financial assets. which include debiors and cash and bank balances, are initially measured ai iransaction price Includin8 transaction costs and are subsequently carried ai amortlsed cosi usln8 the eflective interest meth¢)d unless Ihe arrangement consiitutes a Ilnèncln8 transèciion. where the transattlon Is measured at ihe present valtse ol the future receipts discounted at a market raie of interest. Finantial assets classified as rtteivable wlthin tsne year are not amortlsed. oslcfinonclol Ilobllltles 8asic flnancial lièbilliies. IncludlnÉ ¢redltors and bank loans are Inltlally recognlsed at tr8nsactloft pr4ce uftless the arran8ement consiitutes a flnanclnR transactlon. where the debt Instrument is measured at the present value of the future payments disctsunted at a Mar rate ol Inierest. Flnanclal liabilitles classllTred as payable wlthln one year are not amort15ed. Debt Instruments are subsequently carrled at amortised c05t, using the effertive Interest rate rnethod. Trade crediiofs are obll8ations to pay lor Boods or servlces that have been acquired in ihe ordinary course of operatSons Irom supplSers. Amounts payable are tlassilled as current liablllties 51 payment Is due within one year or less. 11 noi, thèy arè presented as non-turreTrt liabllitiÈs. Trade creditors are recognised Initially at transaction prlce and subsequently measured at amortlsed cost using the elle(tlve intere51 method, Oertmgnltlon •lflnonclolllobllltle5 Flnancial Ilabllitles are dereco8nlsed when the charlty's contractual obli8atlons explre or are dlschar8ed or cancelled. 1.10 Employee benefits The cosi of any unused hollday entltlement15 reco8nlsed in the period in whlch ihe emploe'S serylce5 are recelved. Termlnaiion beneftts are retO8nlsed Immedlately •s an expense when the charlty Ss demonstrably committed to iermlnatt the employment ol an employee or to provlde terminatlon beneflts, Income fmm donatlons and legades Unr•strlcfed funds 2025 R•stridod funds 2025 Total Unresirlrted funds 2024 Resirlrted lunds 2024 Toi•l 2025 2024 Donatlons and Bifts Grants 61,654 68,476 61.654 139.727 1,061 104,168 1,152 136,042 2,213 240,210 71.251 130,130 71,251 201,381 105,229 137,194 242,423 10-
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income Irom other tradln8 •rthAtle5 Unrestrlcted lunds 2025 Vnrestrkted funds 24 Offlce rental Income Fees 19,(K Other tradlng attlvlties 19.989 Other Income Unr•Mrlrt•d lunds 2025 R•sirlrt•d lunds 2025 Total Unrnsirlded funds 2024 R•itrkn•d lunds 2024 Toi•l 2025 2024 Other income Room hire income 19.043 74.516 7,500 26.543 74.516 4,763 14 4,777 93,559 7,500 101,059 4,763 14 4,777 EMptndltur• on rnlslni furMII Unr•str5lled funds 2015 R•strl¢ted funds 2025 Total Unrestrllled funds 2024 Restrlrted funds Z024 Tot•1 2025 2024 Fundfalslni and publlclty Advertising Other fundra15ing costs 324 12,348 466 790 12,348 158 5,040 174 332 5,040 12,672 466 13.138 5,198 174 5,372 Tradlng cost5 Other tradin8 aCtlv51ies 25,670 25,670 Totsl costs 12,672 466 13,138 30,868 174 31,042 11
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expend1re on tharltable 4rtl¥ldes 2025 2024 DI¢1 ¢osts Staff costs 112,951 1.043 3.c2 23,928 18,422 48,715 Depreciation and impairment Prlnting Project costs Caterlng and room hlre Travel 2,060 38,479 13,624 89 200 Donatlon5 Other expenses Mana8ement fees Management and financlal support IT sofiware and consumables Telephone and internet Volunteer cosis Accounrancv Membership and subscrlptions Rates and utilltles Cleaning 20.191 24,713 8,943 15,345 788 77 5,453 2.391 1.873 2.814 2,249 29,548 16.621 24 945 3,540 465 13,426 2,749 266,199 149,469 Anatys15 by tund Unrestrlcted lund5 Restritted funds 181.065 85.134 54,576 94,893 266.199 149,469 N•t mo¥ement In fvnds 2025 2024 The net movement In funds is stated after char8Sngllcreditlngl: Fees payable to the charrty's indepEndent examiner.. - for the independeni examination of the charity's flnancial staiements Depreciation of owned lanRible fixed assets 1,512 1,044 2,100 TNstees None ol the Trustees lor any persons connected wtth theml received any rernuneration or benefit5 from the charity during the year. 12-
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees The a¥erage monthly number of employees during the year was.. 2025 Number 2024 Number Employrnent costs 2025 2024 Wa8es and 5alarles 112,951 48,715 There were no employees whose annual iemuneration was more than £60.OCQ. 10 T•x•tk+n The ¢h4rkly1s exempt from taxatlon on Its ¥¢tNitles because 411 It5 inwme Is applied for charitable purposes. 11 T•Ible Ilxed •$5ets •qulpm•nt Additlons 27,368 392 27,760 A¢ 31 M)h 2025 27,368 392 27,760 Dopreciatlon ind Imylment DepreciatioD char8ed in the year I,oii 33 1,044 Al 31 March 2025 I,oii 33 1,044 C•rrylng •mount Al 31 March 2025 26,357 359 26,716 12 De01$ 2025 2024 Amounts tslllng du¢ wlthln on• y•¥r: Trade debttsrs Other debtors 7,148 4,363 4,991 791 11,511 5,782 13-
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Cred01$. amounts falllno due wtthln one ar 2025 2024 Othei Eaxatlon and cIal securlty Trade creditors Other creditor5 Attruals and dèferrèd Income 3,613 8,1XJ2 2,379 3.246 2,477 2.100 17,240 4,577 14-
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Rertylrted fvnds The restrlcted funds of the thaty comprise the unexpended balances of donation5 and grants held on trust subject to spetific conditlon5 by donor5 a5 to how they may bè used. At l Apdl 2024 Incomlni resources R*sour(es expended Transfer4Galns •nd10sses At JI Mirth 2025 Arts Council Cholr Award5 for all Lottery Co-operatlve Local Community Fund Eri¢ Wright C05t of Llvlng Family Healtlry Cooking Forever Manchester Great Places Support Fund Groundwork UK- VCSE Ener8V Efliciency Scheme Groundworks Inspired Earlv Years Hubbub Foundatlon- Food Support MCC Cost of Llving MCC OMFG Million Hours NIF One Manche51er Smèll Restrlrted Sports England The Charilv Service The Shear5 Foundatlon LIRC CYF Inclusion 16,643 17.4591 9,184 11231 15,583 110,0321 5,428 1,239 1.818 13.0571 5,OC 12.7451 2,255 2,493 12.4931 I,octy) ii.ocoi 9,607 19.6071 29,312 11.9441 127,3681 soo 1,SL)) 11,5611 439 4,500 14,5C#)I 9,0Tr) 13,7311 7,5CX) 11,1281 19.3741 17.5c(sI 19681 12,1011 1741 14.9251 7,872 1,647 14,752 968 7,847 4,925 1,133 750 B,523 99) 19901 1,328 13,060 11.3281 112.8141 7.928 8,174 77,739 78,751 185,6LKII 127,3681 43,522 15-
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Ae5trfcted funds Icontlnuedl Pr•¥lous ¥var: At l Aprll 2023 Inclxnlni r•sour¢es R•soU•S •xpeDd•d TransfeGaInS and loss At 31 Marth 2024 Arts Council Cholr Awards lor all Lottery Choi Co-operatlve Local Cornmunltv Fund Famlly Healthy Cookin8 Great places support fund Groundwor*s Insplred early vears Hubbub Foundatlon- food support M13 Youth Project MCC OMFG One Manchester SEND Small restricted fund5 Sports England Stop Hate Campaign The Bil Life s¢xial pve5cribin8 The Charily Service 18,473 11,8301 16,643 1,077 29 11,2TrJl 18,6191 11231 8,59) 1,239 1,239 8,549 16,0561 2,493 13,201 13,5941 9,607 SC 500 B,0 13,5CQI 4,500 5,0 17,349 15.OCQI 12,5971 14,752 968 99) 19901 5,921 5.288 10,8 13.3621 15.8751 7,847 4,925 SC 15c(II 3,014 13,0141 1.835 11.8351 The National Lottery Communlty Fund The Shears Foundation URC CYF Inclusion 28,694 128.6941 5,5 20,468 14.1721 114.2291 1,328 13,060 6,821 35,598 137.208 195,0671 77,739 16-
LEVENSHULME INSPIRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14
Ae5trfcted funds
Icontlnuedl
Analy$ ol Restrlrted fvnds- current year..
Arts CouhKII Cholr:
A two yeaT project to support ihe continuatlon of our choir proleus whlch target local parents wlth babies, The Local
Voca15, and the elderly. Tetired, disabled or wlth learning difficultie5. Inspire the Choir. Tht thoir boosts mental heahh,
support5 peer interaction and help5 create a sense of belonging and wellbeing.
Awards lor •ll Lottery:
Fundin8 whlch covers short ¢our5es to provlde knowledge on how ID mend and make do as well as sell care. It also
connects people in the local commvnSty to help improve menial well belng.
Cholr:
This project consists of funding from The Bi8 Life Group, The Charity Service. We Love Manchester and Peter Kershaw to
pay for choir associated costs, The choir has helped to develop a sense of belon8in8,
co.op Hollday Groups Fund:
To support our Children'5 actlvity groups In sthool holSdays which includes songs, Stay and play. crafts and stories.
Co-oper•llv4 Loc•1 Communlty Fynd..
Thls Is used to support the Inspire Cale communlty acilvltles.
Erl¢ Wrllht. Cost ol Lmni:
To support the lamily lood club that happened e¥ery week on Wednesday's after school for famllles on low Income and
free ¥hool meals.
Famlly He•lthy cook1.
A series ol tookery classes io educate those poientSally at rlsk from dlabetes on how to cook heathSly and economlcallv.
Forever Man
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Ae5trfcted funds Icontlnuedl MSlllon Hours: To fund SEND chlldren's playgroups. Plry D•¥ M•nchest•r Chy Coundl.. For Levenshulmt Pride activities and performantes. One Manthegter: This 8rant was given lof our Wodd communrty day In May 2024 to celebrate food together and provlde famlty lun at Inspire, 5mill rtstrkted fvnds.. To help make envlronmental Improvement5 and to cthr increased utility b1115. The funds are from Lottery. B&Q and Asda Foundation. Sport5 En8land.. Thls grant covers yoga and pilates sesslons at a number of cenires to encourage particlpaiion in sport. Th• Charfty Ser¥k¢: Suppor15 the cholr project and provldes support to the Cafe enabllnq It to offer customers a dally subsld15ed allordable meal over the winter Th• Sh•arn Foundatlon: Provides 5ubsidi5ed food sessions at the weekly farn[ lood meals. Th• URC CYF Induslon: Project which is managed on behalf ot the Uniied Reformed Church to provlde a famlly and children's worker ID the communlty. 15 Unr*strftted funds The unrestricted funds of the charity comprlse the unexpended balances ol donations and Brants whlch are not subject to speciflc condltions by donors and 8rantors as to how they may be used. At l Aprll 2024 Inmmlni A•Sou$ r•sour¢•s •xptndod Translt At 31 Marth Z025 General lunds 38,605 243.678 1193,7371 27.368 115,914 Pr•vbou5 y•ar: At l Aprll 2023 Incoml Transhr5 At 31 Marth 2024 resoUe$ expended General lunds 14,057 I.992 185,4441 38,605 18-
LEVENSHULME INSPIRE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Anaws of net assets bet*en lunds Unr•strlrt•d funds 2025 R•strlcted funds 2025 Total 2025 At 31 M•rth 2025., Tan8Sble assets Current assets/lllablllilesl 26,716 89,198 26,716 132,720 43,522 IIS.914 43,522 159,436 Vnr•strSrted funds 2024 R•strlcttd lunds 2024 Total 2024 At 31 March 2024.. Current asseisllllablliiiesl 38.605 77,739 116,344 38.605 77,739 116,344 17 R•lat•d p•rty tr•nMrtkns The charity Wofks alon8side a compary. LÈvnshulrne Inspife Community Enterprise CIC (company regi5tratlon number 06527951. Edward Cox is a trustee ol the charity and a direcior of the company. The trustees ensure that any conflict ol Interest Is dealt with by consulratlon beiween the CIC dlrKtOfS and the Foundation's irustees and lunders a5 approprlate. Al the year end, the tharlty was owed an amount of £4.363 12024.. £nS11 from Levenshulme Insplre Ctsmmunity Enterprise CIC. During the year to 31 March 202S. the chartty (eIVed E60,CQO In donatlons from Levenshulme Insplre Community Enterprise CIC. 19-