Charfty NuThthr 1174417
INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
'A(YJMKSS•
0210W2024
C(WIPANIES pfousE
Registered Company Number .' 10924365 {EThj￿nd & Wales)
Compa)y Limited By Gu¥

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
CONTENTS PAGE
Page
Legal and Administrative Infomiation
T￿￿teeS Report
Independent EXamine￿S Report
Statement of Financkql Activities
Balance Sheet
Notes to the Accounts

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
LEGAL & ADMINISTRATIVE INFORMATION
FOR ThE YEAR ENDED 31 MARCH 2023
InGorporat•d
21st ￿JguSt 2017
Company Limrted by Guwantee
R•gist•r•d Namg
Inspired NeKJhtKJurtK>ods Charitable Trust Limtted
R•gi8t•r•d Company Number
10924365
R•glster•d Charity Numb•r
1174417
R•gistsred Offle•
Wright Watson Enterprise Centre
40 Road
Bradford
BDIO 9PY
Dir•ctors & Trustws
mAJ8￿ar
A Bath"r
Z Hussa
L Mairs
J Steele
J Ahm&J
T Ahmed
S Kouser
Resigned 31 W 2022
ReswJned 13 September 2023
Res￿￿ed 20 September 2023
￿p￿￿ted 20 September 2023
ppcinled 20 Seplember 2023
pointed 20 September 2023
Socrelary
N Qureshi
Reshjned 13 Poril 2023
Bankets
Natwest Bank
Inde￿ndent Examlngr
Torevell Dent Limited
1-3 Si Ann's pface
Pellon Lane
Halifax
HX15RB
Page 1

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2023
1. Structur•, Governonce and Man•g•ment
Inspired NeIgh￿urhOOdS Charilabk Tnjst IINCT} is a company limited by guarantee
incorporated on 24th August 2017 with company numI￿r 10924365 . The company was
established under a Memorandum and Artides of AssoGiation vthich fomi INCT'S
"goveming documents..
INCT is also a charity registered on 24 August 2017 viith charty numter 1174417 .
Accordingly, the Board of Diffjctors of the company are also i15 trustees for the purpose of
charity law.. however, throughout this report they are ￿lleCtWelY referred to as "Directors..
Th• Dlrectors:
Date Appointed:
Dale Resigned:
M A J 8rèarley
A 8ashir
Z Hussain
L Mairs
J Steele
J Ahmad
T Ahmed
S Kouser
31n1r2019
21108r2017
3110112019
0610212019
31101r2019
2010912023
2010912023
20109r2023
31ffj5r2022
13109rd023
20A)9r2023
The Board of Directors is ￿SponsI￿e for the Strateg￿ directK)n and sound overall management of
INCT. The Board of Directors ha5 members from a variety of professional backgrounds and
experience of Health. Asset M8nagemenl. Community Development and Economy re￿vant lo
INCT'5 ethos and work. The Oirectors meet about every 6 to 8 lo discuss and dacide upon
strategic and ￿linesS matter5.
A scheme of delegation is in place and day-ttrday responsibility for the pwsion of the serv￿5
rest Wbth the Chief Executive supported by the Senior Management Team and Finan￿ Officer.
The Chief Executive is responsible for ensuring that INCT deliver5 the serKes that have been
commissioned or funded and that key perfomance indicatots are met.
Bank:
NATWEST Bank. 1 Market Street. Bradford BD1 1EG
Accountants: Torevell Dent Ltd, 1-3 Sl Ann's Place. Pelh)n Lane. Halifax. HX15R8.
2. INCT'¥ Vision, Mls5ion and Values
INCT'S vision is to:
Create prosperous. Cohe￿ve and sustainable FAaces lo li￿ and %wJrk kn heathy and
physically active residents enjoy tetter access lo education. emplo￿nent and leamsng
opportunilies to enable them to dream big and actmpve great thiThJs.

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 IAARCH 2023
INCT'$ mission is to:
Interact and WO￿ wlh local communii*s to enable eVerY￿ne in our communities lo be heallhy. prosperous
and happy.
INcf$ values are
Respect
Trust
Inlegrty
Passion
Partnershio
3. INCT'S ObiKll¥es and Acllvili•s
. INCT WIH delI￿r men181 wellbeing and physical heallh seNces lo heath irwualities.
. INCT will devet¢w p￿1¢al assets to provide locality- based makiThJ them a￿sSIb
to all sections of the communty.
. INCT will deliver employment arKI enterprise support ser¥ices.' weware and debt ad¥tse lo
tsckle povety.
. INCT will engage local reshfjents, businesses. s￿1*1 enterprises and key Staeh￿derS to
consult upon and improve servw.
4. Achl•vem•nts and Perforniance
INCT has secured a substantial grant of European Funding to undertake refurbishment to a grade 2
listed building in Bradford City Centre- Guardian House (old Registry officel. The works have now
been completed in partnership with Bradford Council and Bradford Care Trust, who have agreed to
become an anchor tenant at the property. We have also secured othertenants and are confident of
letting all spaces available in due course.
5. Fundraising Policy
During the year we have received aid Spent a European grant to enable refurbishment of
Guardian Hwse. We also received a grant from Architectural Heritage Fund. Disabled Fauftbes
Grants and some emergency COVID grants during the year. FurthermorE. we have recently secur&J
a large grant to deliver mental heath help from COMK Relief.
Going forward, rt is dear Ihat the grant-makry en¥ironment conb'ThJes to be very diffiuJL
bul we c(￿tinue lo k)ok for fundrai8ing 0￿￿￿nitieS so Ihat cawtsl works can be ￿rried
out at Guardian House as ￿*11 as revenue I￿)dry lo supm w wsion PLsrp)se.
6. Related Parties
INCT remains committed as 8￿WayS to woth in partnership hx81 statutw and wluntary
agencies. as this avoids dUp￿￿tIOn and maximises value for money for funders and the
community al large. We seek parlnership wih other agencies in Bradford to provide added value services
lo c*Jr users arnl bring much needed inward investhient to INCT.
Page 3

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2023
7. Ri$k Management
The Board wntinues to manage risks cm a reguk¥ basis to protect the Organisatic￿ and service users and
m￿nI81n5 a risk register.
8. Resgrves Policy
The Trustees have examir*d the companls requirements for reserves in Iyhl of the main risks to the
company.
9. Responsibilities of the Directorstrrustees
Company law requires the director5 to prepare finanoal sl*emenls fc￿ eath financial year that give 0
true and fair view of the slate of the affairs of the company as al Ihe balarKe sheet dale arhd of its incoming
resources and application of resources. induding income and expenditure, for the financial year.
In prepariNJ those finano81 statements. Ihe Dyectors Sh¢￿ folk)w best practice arHI:
a} Select suitst4e accounlir•3 polioes and then aWy them consistenlly.
bl Make judgements and estNnates ihal are reasonable arKI WLKYent:
cl PreDare the finan￿al statements on a aoina concem t*sis unless it is in*DroDriate to
assume that the company wll continue on thal basis.
The Directors are respowble for maintsining proper ￿COunt￿l9 records disdose with
feasonable accuracy al any lime INCTS financial pogticm. and to enab￿ them to ensure that
the financial statements comply wth ihe Companies Act 2006. The Directors a￿ also
responsible for safeguarding the 8ssets of the company and. hence. for tsking ￿#Sona￿e
steps for the ￿VentIOn and detection of fraud ￿ ots irregularities.
In accordance with company law. as the ¢Thmpan￿5 OIre¢l￿$, T* ceitfy that.
a) So far as we are aware there is no ￿leVant informat#)n of lhthich the compan￿$
accountant5 are unaw￿. and
b) As the Directors of Ihe CoMp￿Y v* have tsken al the steps ihat we ￿h1 to have taken
in order lo make ourSe￿e$ aware of any rekvanl informatrjn and lo estsblish that
comDanVs aecounlanls are aware of that info￿ath"on.
10. Accounting Principles and Authorlsation
The Financial Statements have been prepared in accordance the Slalemenl of Recommended
Practice.. SORP IFRS 1021 and in xcordance with the ¥)ecial prowsions of Part 15 of the Cornpanies
Act 2Ci)6 rdalry to small entit￿s. and INcfs goverring douJments.
App
by the direclcys on 1
December 2023 and signed w its behaK uTrJer delegated OLthorty by:
n St•¢lg
Chair
Page 4

Independent Examinerfs Report to the Directors and Trustees of
Inspired Neighbourhoods Charitable Tn￿t Limlted
for the year ended 31 March 2023
l Trport to the charivs trustees on my examination of the accounts of the Trust for the year
ended 31st March 2023 whth are set out on pages 6 to 9.
Respecdve responsibilltiès and basls of the report
As the charivs trustees of the company {and also its directors for Ihe purp)se of the company law)
. you are ffjsponsible for th8 preparation of the accounts in accordance with the ￿quIrements of th8
Charities Act 2011 ar¥J the Companies Act 2[￿ {'th8 2006 ACV).
Having satisfied myself that the accounts of the Trust a￿ not required to be aLbJiied under
Part 16 of the 2006 Act and are eligible for Independent ExamIr￿tIOn. I re￿rt in respect of my
examination of your charity's accounts as carried OLrt under sedion 145 of the Chariknes Act 2011
(Ihe 2011 A¢f). In caryirwJ out my examination I have followed the directions given by the
Charity Commi$$ion under section 1495) (b) ofthe 2011 Act.
Independent Examin•f$ Stat•m•nt
l ¢onfim that l am qualified to uThkrtake trt examination because l am a member of the
Association of Chartered Certified Accountsnts. which is one of listed bodies.
I have completed my examinatK>n. I confinn that rn matter5 havo come to my attenlion in
connection with the examination givirvJ me cause to believe:
1. Accounting record5 V￿re rK)t kept in resp￿￿ of the Trust as ￿lUIred by sedion 386
of the 20C6 Act: or
2. The accounts do accord with th)se records., or
3. The accounts do mt compty the accounting requi￿rnents of seCt￿n 396 of the 2006
Act other than any requirement that the accounts give a Inje and fair vievl which is not a
matter considered as part of an irbJeperKlent examinalion" or
4. The accounts have ￿t been prepared in aCcOrdar￿ with the methods and prinCip￿S of
the Statement of Recommende(I Practice for accounting and re￿rt1ThJ by charities
lapplicable to chavilies preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Rewblic of IrelaTrJ (FRS 102)]
I have M concems and have come ac*oss no otk*r mattefs in connection with the examinatmin to
which attention str¥￿Id b8 drawn in this rewrt in c*der lo enable a proper urKler5tandirNJ of the accoLJnts
to b& rea¢hed.
antha J Su¢¢l"
Toro¥011 Dofftt L5mlt•d
1•3 St Ann'$ Plac•
Pellon Lano
Halifax. HX15R8
F.C.CA
Dato.. 3 janu￿ 2024
Pago 5

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
STATEMENT OF FINANCIAL ACTivmES
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Total
Funds
Total
Funds
Funds
Funds
Not•s
Incom•:
1.OlJJ
85.687
156.686 44.409
Rents Received
156.686
157.686
157.686
130,096
ndttur•:
Charitsblg adiwties
Other costs
169.589
7,511
169,589
7,511
67,042
1,335
Total
17T.100
17T.11)0
68.377
Surplus for thè period
(19.414)
61.719
Oth•r r•cogni$•d gains
Fair value gain on property
275.692
Not movgffl•nt In fwbds
(19.4141
119.414} 337.411
Total funds brought forniard
545.516
545.516
208.105
Total fund# carritid forward
526.102
526.102
545,518
The statement of finanaal activities y￿￿deS all gains ond h)sses in the ￿ar. Al income ￿OU￿S expended
derive Irom continuiTrJ acti¥iti8s.
Page 6

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2023
2023
Total
Funds
2022
Total
Funds
Funds
Funds
Flx•d Assets
Tangible assets
0.000
Curr•nt Assets
Cash al bank
Debtors
42.710
65239
42.710
65.239
64,867
Total Current A¥sets
107849
107,949
64.867
Llabllltles..
Amounts fall¥w or* Iwr
Total Currwrt Assets
15,978
15.978
1,588
91.971
91.971
63.279
Total Assets less Current Uabllthis
991.971
991,971
963.279
LIa￿lItI&$.
Amounts falliTh3 aft¥r one ye8r
(465.8691
{465.869)
{417,763)
Total Mèt Assèts
526.102
526,102
545.516
Funds
Unrestricted funds
RestriLaéd lunds
526.IIy2
528.102
545,516
Total Funds
526,102
526.102
545516
The company is entitled to exemption from a￿lIt SectKM 477 of the COMp￿*S Act 2{￿ ts the year ended
31 March 2023.
The fflembers have nol reqUI￿d Ihe company to obtain an audl of rfs fina￿la1 &aler￿nts tor the year ￿ded
31 Mar¢h 2023 in ￿e0rd¥￿ wrth Se¢ticm 476 oftr* C￿￿n*$ Act 2fAI6.
The d￿eCtOrS ackrk)vAedge their respcfflsibilities for..
al Ensuring that the company ke¢ps a¢counb"NJ words ¢omth with Se¢lions 386 and 387 of the Companies
Act 2006 and
bl P￿paring financial statements whth gve a Iruè aFKI fraff Mew of the *te of affaits ofthe company as al the end ol
e8ch ffinartkAI ￿ar arx1 of its profft or bss for each financial year in accordarr* vAth th& wuirements of Section 394
and 395 and which ot￿m$e compty ￿th the requwements of Ihe Companies Act 2C#)6 relatiThJ to financol
statements. so far as appl￿b￿ to the company.
These financial staltsments have been prepared in accord￿ viti the sp￿la1 proyisicffis of P￿t 15 of the Ccffjpanies
Act 2006 rdaling to small compan￿$ aThl with Ihe Ch¥il*s SORP {FRS 102) leffeclive January 2015)
The Fina￿al Statements were apFmed by Board of Tmstees cffi 19 Decènkn 2023 and sig18d ￿ its
behalf by..
St••l•
Chair
Ptye7

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
counllng Polici•s
Basis of ac¢¢untlng
The financial statements have been prepared under the historical cost convention and are in
accordance with applicab￿ accounting standards. the Charitie5 SORP {FRS 1021 and the
Charities Act 2011.
Fund$ held by the Company
Unrestricted funds represent funds received by the company which are available to the directors
to apply for the general purposes of the company as set out in the goveming document.
Restricted funds represent funds receNed for a specific purKX)se.
Incoming r•sourus polici•s
All incoming ￿SoUrceS are included li the statement of financial activities when the charity is
legally entitled lo the Ir￿ome and the amount can be quantified with reasonable a￿￿raCY.
Rwourus •¥p•nded policies
Expenditure is accounted for on an 8￿rualS basis and proviS￿n is included in the financial
statements for all known Ikqbilities at Balance Sheel dale. Irrecoverab￿ VAT is attached to
the specific expense incurred.
Resour¢os Exp•nd
Restricted Unr•strict4d
Funds
Funds
Total
Funds 2023
Total
Funds 2022
Charitable actfv￿1o8.
Project Costs
Bank Charges
Legal & Professimal
Insurance
Management Charge
Repairs & Maintenance
. Piints'ng, Postage and Slationery
PoN*r, Li*rt & Heat
35.025
5.638
418
4,316
119
119
4.677
4.677
45.000
45.09)
1,463
67.354
169 589
45.050
67,354
169,589
19.039
67.042
Other:
Accountar
Loan Interest
700
6,811
7,511
&Jo
735
1,335
6.811
7.511
P8ge 8

INSPIRED NEIGHBOURHOODS CHARITABLE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
3. FIX￿ Assets
R•valuatlon
01-Apr.22 In¢rease
D•p'n
for ygar
Asat
31-Mar43
T•ngibl• Assets:.
Guardian House
900,OCQ
900.1￿0
D•btors
Totsl
2023
Total
2022
Bradnel
ei),000
60.000
Tr*J8 Debtor5
5.239
5,239
65.239
65239
5. Uabllltles duo withln one yw Restricted Unrestri¢
Funds
Funds
Total
2022
2023
Bank Loans
Val Payable
Accruals
14,658
820
14.658
388
500
388
1.200
15.978
15.546
Restricted Unrestricted
Funds
Funds
Totsl
2023
Total
2022
6 Liabilities due after on• year
INCIC
INCIC Loan
Bank Loan
251.438
251,438
124.086
50.000
243.677
214.431
214.431
465,869
465.869
417.763
6. Transactions wilh TrustMs
No TNslee r￿e1Ved any payThents thwing the ￿r.
7. Revalualion of pmporty
During the year no properties ￿re revaluded.12022: the property GuardFan House was revalued from
£624,308 to £900.000 provKling a revduation reserye of £275,692).
Page 9