2023-03-31-accounts - Inspira (01)

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			Page
Reference and administrative		details ofthe charity, its Trustees and advisers
Trustees' report			2-15
Independent auditors'	report	on the financial statements	16 - 19
Statement offinancial	activities		20
Balance sheet			21
Statement ofcash flows			22
Notes to the financial	statements		23 -44

				Unresti'icted	Restricted	Total	Total
				funds	funds	funds	funds
				2023	2023	2023	2022
			Note	6	F	Z	F
Income from:
Charitable activities				5,767,370	393,635	6,161,005	5,404,036
Exceptional income				75,639		75,639
Investments				29,667		29,667	18,204
Other income				30,414		30,414	41,027
Total income				5,903,090	393,635	6,296,725	5,463,267
Expenditure on:
Raising funds							39,000
Charitable activities			7	5,552,912	379,047	5,931,959	5,057,005
Total expenditure				5,552,912	379,047	5,931,959	5,096,005
Net income				350,178	14,588	364,766	367,262
Transfers between	funds			(5,058)	5,058
Net movement in funds before other
recognised gains				345,120	19,646	364,766	367,262
Other recognised	gains:
Defined benefit pension scheme				686,000		686,000	2,885,000
Net movement in funds				1,031,120	19,646	1,050,766	3,252,262
Reconciliation offunds:
Total funds brought		forward		867,825	8,304	876,129	(2,376,133)
Net movement in funds				1,031,120	19,646	1,050,766	3,252,262
Total funds carried		forward		1,898,945	27,950	1,926,895	876,129

								2023		2022
						Note		E		E
Fixed assets
Tangible assets						12		489,050		473,344
Investment property						13		350,000		350,000
								839,050		823,344
Current assets
Debtors						14	530,496		794,765
Cash at bank and	in hand						1,607,133		1,394,769
							2,137,629		2,189,534
Creditors amounts		falling due within			one year	15	(1,009,122)		(1,382,278)
Net current assets								1,128,507		807,256
Total assets less	current			liabilities				1,967,557		1,630,600
Creditors amounts		falling due after			more than one year	16		(40,662)		(68.471)
Net assets excluding			pension asset I liability					1,926,895		1,562,129
Defined benefit pension			scheme asset I liability							(686,000)
Total net assets								1,926,895		876,129
Charity funds
Restricted funds'
Restricted funds						17	27,950		8,304
Unrestricted funds
General funds							1,898,945		1,553,825
Unrestricted funds	excluding			pension		17	1,898,945		1,553,825
Pension reserve						17			(686,000)
Total unrestricted	funds					17		1,8S8,945		867,825
Totalfunds								1,926,895		876,129

		FOR	TH	E YEAR EN	DED 31 MARCH 202	3
						2023	2022
						E	F
Cash flows from operating		activities
Net cash	used in operating	activities				298,934	520,906
Cash flows from investing		activities
Dividends,	interests and rents from investments					13,582	18,460
Purchase	oftangible fixed assets					(67,824)	(59,963)
Net cash	used in investing	activities				(54,242)	(41,503)
Cash flows from financing		activities
Repayments of borrowing						(32,328)	(145,031)
Net cash	used in financing	activities				(32,328)	(145,031)
Change in cash and cash		equivalents	in	the year		212,364	334,372
Cash and	cash equivalents	at the beginning		ofthe year		1,394,769	1,060,397
Cash and	cash equivalents	at the end of		the year		1,607,133	1,394,769
The notes	on pages 23 to 44 form part ofthese finanmal				statements

			Unrestdcted	Restricted	Total
			funds	funds	funds
			2023f	2023f	2023
CIAG (Cumbria County Council)			1,044,544		1,044,544
National careers	service (ESFA)		396,674		396,674
NEET prevention	and reduction	(DWP)	289,179		289,179
Enterprise adviser network (CEC/Lance LEP)			623,626		623,626
The Key (ESFA)			742,248		742,248
NCS 2022			1,025,431		1,025,431
NCS 2020 (NCS	Trust)
NCS 2021			(13,139)		(13,139)
Restart (G4S)			1,069,571		1,069,571
The Link (DWP)			351,398		351,398
Other contracts (Various)			237,838	393,635	631,473
Total 2023			5,767,370	393,635	6,161,005

			Unrestricted	Restricted	Total
			funds	funds	funds
			2022f	2022f	2022f
CIAG (Cumbria	County Council)		1,044,544		1,044,544
National careers	services (ESFA)		403,815		403,815
NEET prevention	and reduction	(DWP)	328,074		328,074
Enterprise adviser network (CEC/Lance LEP)			581,674		581,674
The Key (ESFA)			704,619		704,619
NCS 2022			148,589		148,589
NCS 2020			14,799		14,799
NCS 2021			951,937		951,937
Restart (G4S)			514,490		514,490
The Link (DWP)			345,232		345,232
Other contracts	(Various)		305,240	61,023	366,263
Total 2022			5,343,013	61,023	5,404,036

			Unrestricted	Total	Total
			funds	funds	funds
			2023	2023	2022
			6	6	F
	VAT rebate		75,639	75,639
5.	Investment	income
				Unrestricted	Total
				funds	funds
				2023	2023
					F
	Investment	income		29,667	29,667
				Unrestricted	Total
				funds	funds
				2022	2022
				8	6
	Investment	income		18,204	18,204
6.	Other incoming resources
				Unrestricted	Total
				funds	funds
				2023 8	2023f
	Other income			16,832	16,832
	Interest receivable			13,582	13,582
				30,414	30,414

	Unrestricted	Total
	funds	funds
	2022f	2022 5
Other income	40,771	40,771
Interest receivable	256	256
	41,027	41,027

Unrestricted	Restricted
funds	funds	Total
2023	2023	2023
	5	6
5,552,912	379,047	5,931,959
Unrestricted	Restricted
funds	funds	Total
2022f	2022 5	2022 f
4,980,634	76,371	5,057,005

Activities
undertaken	Support	Total
directly	costs	funds
2023 F	2023	2023f
5,184,866	747,093	5,931,959

Analysis of	expenditure	expenditure	by activities (continued)
				Activities
				undertaken	Support	Total
				directly	costs	funds
				2022 F	2022f	2022 F
Direct costs				4,403,287	653,718	5,057,005
Analysis of	direct costs
						Total
					Direct Costs	funds
					2023	2023
					E	6
Wages and	salaries				4,273,017	4,273,017
Subcontractor		costs			336,633	336,633
Recruitment	and staff training				97,578	9?,678
Travel and motor expenses					154,027	154,027
Vehicle leasing		charges			171	171
Advertising,	conventions		and shows		37,714	37,714
Bank charges					2,953	2,953
Property costs					210,659	210,659
Meeting room		hire and refreshments			72,014	72,014
					5,184,855	5,184,866

Analysis ofdirect cos	ts (continued)
			Total
		Direct Costs	funds
		2022 6	2022f
Net pension finance costs		78,000	78,000
Wages and salaries		3,633,403	3,633,403
Subcontractor costs		244,129	244,129
Recruitment and staff training		85,538	85,538
Travel and motor expenses		72,471	72,471
Vehicle leasing charges		882	882
Advertising, conventions	and shows	39,075	39,075
Bank charges		2,147	2,147
Property costs		207,580	207,580
Meeting room hire and	refreshments	40,062	40,062
		4,403,287	4,403,287
Analysis ofsupport costs
		Support	Total
		Costs	funds
		2023	2023
		8	8
Wages and salaries		100,006	100,006
Depreciation		52,118	52,118
Office expenses		292,123	292,123
Interest payable		5,093	5,093
Audit and accountancy	fees	23,530	23,530
Legal and professional	fees	14,051	14,051
Trade subscriptions		22,786	22,786
Sundry expenses		184,792	184,792
Irrecoverable VAT		52,594	52,594
		747,093	747,093

Analysis ofsupport c	osts	(conti	nu	ed)
						Support	Total
						Costs	funds
						2022	2022
							5
Wages and salaries						93,026	93,026
Depreciation						41,000	41,000
Office expenses						206,967	206,967
Interest payable						4,643	4,643
Audit and accountancy	fees					15,336	15,336
Legal and professional	fees					50,564	50,564
Trade subscriptions						18,131	18,131
Sundry expenses						171,916	171,916
Irrecoverable VAT						52,135	52,135
						653,718	653,718
Auditors' remuneration
						2023	2022
						F
Fees payable to the charity's accounts		auditor		for the audit ofthe charity's	annual	14,000	10,000
Fees payable to the charity's		auditor		in respect of:
All non-audit services not included			above			3,150	3,550
Staff costs
						2023f	2022 5
Wages and salaries						3,634,457	3,271,944
Social security costs						329,416	271,180
Contribution to pension	schemes					409,151	183,305
						4,373,024	3,726,429

								2023	2023	2022
									No.	No.
Employees									145	133
The	number	of employees	whose	employee	benefits	(excluding	employer	pension	costs)	exceeded
F60,000was:
								2023		2022
									No.	No.
In the	band f60,001 - 570,000
In the	band F90,001 - 6100,000

		Long-tenn
		leasehold
	Freehold	property	Fixtures and	Computer
	property F.	improvements	fittings	equipment 6	Total
Cost orvaluation
At 1 April 2022	473,951	213,767	80,257	368,?81	1,136,756
Additions			16,579	51,245	67,824
At 31 March 2023	473,951	213,767	96,836	420,026	1,204,580
Depreciation
At 1 April 2022	76,626	191,895	76,076	318,815	663,412
Charge for the year	10,575	5,064	5,324	31,155	52,118
At 31 March 2023	87,201	196,959	81,400	349,970	715,530
Net book value
At 31 March 2023	386,750	16,808	15,436	70,056	489,050
At 31 March 2022	397,325	21,872	4,181	49,966	473,344

	Freehold
	investment
	property
	6
Valuation
At 1 April 2022	350,000
At 31 March 2023	350,000

		2023	2022
		6	5
Due within one year
Trade debtors		125,123	340,119
Other debtors		367,304	403,852
Prepayments	and accrued income	38,069	50,794
		530,496	794,765

		2023	2022f
Bank loans		30,250	28,970
Trade creditors		15,428	55,557
Other taxation and social security		68,583	270,345
Other creditors		31,914	32,552
Accruals and deferred	income	862,947	984,853
		1,009,122	1,382,278

			2023
			6
Bank loans			40,662	68,471
Included	within the above are amounts	falling due as follows:
			2023	2022
				8
Between	one and two years
Bank loans			40,662	68,471

							Balance at	Balance at
		Balance at 1			Transfers	Gains/	31 March
		April 2022 5	Income 5	Expenditure 5	in/out 5	(Losses) 6		2023 5
Unrestricted
funds
General funds		1,553,825	5,903,090	(5,552,912)	(5,058)		1,898,945
Pension reserve		(686,000)				686,000
		867,825	5,903,090	(5,552,912)	(5,058)	686,000	1,898,945
Restricted
funds
Eden youth	hub	5,641	48,409	(54,050)
Selfemployment
project		2,663	13,896	(9,790)				6,769
Ready for work-
Blackpool	(CRF)		93,741	(98,799)	5,058
Selnet			74,981	(70,524)				4,457
UK Shared
Prosperity	Funds		162,608	(145,884)				16,724
		8,304	393,635	(379,047)	5,058			27,950
Total offunds		876,129	6,296,725	(5,931,959)		686000	1	926895

Statement	offun	ds - prior year
							Balance at
		Balance at			Transfers	Gains/	31 March
		1 April 2021 5	Income 5	Expenditure 5	in/outf	(Losses)f	2022 6
Unrestricted
funds
General funds		1,232,215	5,402,244	(5,080,634)			1,553,825
Pension reserve		(3,632,000)		61,000		2,885,000	(686,000)
		(2,399,785)	5,402,244	(5,019,634)		2,885,000	867,825
Restricted
funds
Barclays
100x100		23,652		(23,652)
Eden youth	hub		25,400	(19,759)			5,641
Ready for work-
Blackpool			22,860	(22,860)
Selnet			12,763	(10,100)			2,663
UK Shared
Prosperity	Funds
		23,652	61 023	(76371)			8,304
Total offunds		(2,376,133)	5,463,267	(5,096,005)		2,885,000	876,129

Analysis Analysis	NOTES TO THE FINANCIAL FOR THE YEAR ENDED 31 of net assets between funds of net assets between funds -current year	STATEMENTS MARCH 2023
		Unrestricted	Restricted	Total
		funds	funds	funds
		2023	2023	2023
			6
Tangible fixed assets		489,050		489,050
Investment	property	350,000		350,000
Current assets		2,109,678	27,950	2,137,628
Creditors	due within one year	(1,009,122)		(1,009,122)
Creditors	due in more than one year	(40,662)		(40,662)
Total		1,898,944	27,950	1,926,894
Analysis	ofnet assets between funds - prior year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2022	2022	2022
		F	5	5
Tangible fixed assets		473,344		473,344
Investment	property	350,000		350,000
Current assets		2,181,230	8,304	2,189,534
Creditors	due within one year	(1,382,278)		(1,382,278)
Creditors	due in more than one year	(68,471)		(68,471)
Provisions	for liabilities and charges	(686,000)		(686,000)
		867,825	8,304	876,129

								2023	2022
								5	F
	Net income for the year (as per Statement				of Financial	Activities)		364,766	367,262
	Adjustments for:
	Depreciation charges							52,118	40,999
	Defined benefit pension scheme gains								61,000
	Dividends, interests	and rents from investments						(13,582)	(18,460)
	(Increase)/Decrease	in debtors						264,269	(321,229)
	Increase/(Decrease)	in creditors						(421,231)	338,740
	Irrecoverable VAT							52,594	52,594
	Net cash provided by operating			activities				298,934	520,906
20.	Analysis ofcash and		cash equivalents
								2023	2022
								5	5
	Cash in hand							1,607,133	1,394,759
	Total cash and cash		equivalents					1,607,133	1,394,759
21.	Analysis ofchanges		in net debt
							At 1 April		At 31 March
							2022	Cash flows f	2023 6
	Cash at bank and in	hand					1,394,769	212,364	1,607,133
	Debt due within 1 year						(28,970)	(1,280)	(30,250)
	Debt due after 1 year						(68,471)	27,809	(40,662)
							1,297,328	238,893	1,536,221

the charity's share ofass	ets up until the date ofexit:
			2023
Movements in the present	value ofthe defined benefit obligation	were as follows:
Opening defined benefit obligation Effect ofcurtailment			(33,942,000) 32,570,000
Gain on curtailment			1,372,000
Movements in the fair value ofthe charity's share ofscheme assets were as follows:
Opening fair value ofscheme assets			33,256,000
Remeasurement ofassets			(686,000)
Effect ofcurtailment			(32,570,000)
Net position recognised	in the statement offinancial position