Trustees’ Annual Report for the period
From 1 April 2023 To 31 March 2024
Charity name: The Inspire Youth Foundation
Charity registration number:1191522
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The primary objective of the Inspire Foundation is to provide financial support and assistance to children and young people under a range of circumstances including: Support for children and young people with life limiting conditions Support for children and young people who are disabled and /or are living in crisis Supporting young people have left the care system to enhance their prospects in achieving independence |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The Foundation is associated with a business (Inspire Childrens Services) In essence the entire period covering this report has been fraught with uncertainty and consequently there has been no activity apart from a xmas donation in 2023 to provide foodstuffs for a charity related to one of the Objects. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | When making decisions in respect of the trusts activities, the trustees have ensured these are commensurate with the Charity Commissions guidance on public benefit As outlined save for one donation described above there have been no grants made due=ring the reporting period. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference |
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|---|---|---|
| Policy on grant making | Para 1.38 | As outlined no activity has been possible during the period. |
| Policy on social investment including program related |
Para 1.38 |
| investment | ||
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During the year the Foundation has: Unfortunately no activity has been possible during the reporting period due to the uncertainty of the status of the business associated with the Foundation |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
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|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | During the year, the charity raised funds totalling £1,818. Expenditure totalled £7,144 (including grants) As at 31 March 2023, the charity held cash funds of £1471 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held to fund future grants, to ensure the charity holds sufficient funds to meet unexpected liabilities and to ensure the charity remains solvent. |
| Amount of reserves held | Para 1.22 | £1,471 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Activity has been limited during the course of 2022/23 due to the continued uncertainty associated with the Company that the Foundation draws voluntary support from. Due to this the charity intends to wind up imminently. |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
|
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Charitable constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Apart from the first Trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | The Inspire Youth Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1191522 |
| Charity’s principal address | Unit 3, Craig Court |
|---|---|
| Standish St, St Helens | |
| WA10 1GJ | |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| David Grindley | ||||
| AnthonyWardale | ||||
| Paul Keogh | ||||
| Michael Farrelly | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Position (eg Secretary, Chair, etc)
Date
| THE INSPIRE YOUTH FOUNDATION |
THE INSPIRE YOUTH FOUNDATION |
THE INSPIRE YOUTH FOUNDATION |
1191522 | CC16a | |
|---|---|---|---|---|---|
| For the period from |
4/1/2023 | To | 3/31/2024 | ||
| Section A Receipts and payments | |||||
| A1 Receipts 50 - - - - - - - 50 - - Sub total - Total receipts 50 A3 Payments 412 - - - - - - - - Sub total 412 - - Sub total - Total payments 412 Net of receipts/(payments) - 362 A5 Transfers between funds - A6 Cash funds last year end 1,471 Cash funds this year end 1,109 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 50 - - - - - - - 50 - - - 50 412 - - - - - - - - 412 - - - 412 - 362 - 1,471 1,109 |
Last year to the nearest £ |
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| - | 50 | - | |||
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| - | 50 | - | |||
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| - | 50 | - | |||
| - | 412 | - | |||
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| - | 412 | - | |||
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| - | 412 | - | |||
| - | - | - 362 | - | ||
| - | - | - | - | ||
| - | - | 1,471 | - | ||
| - | - | 1,109 | - |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Details Details Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 1,109 - - - - - 1,109 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name DAVID GRINDLEY Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| OK | |||
| to nearest £ Endowment funds |
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| Current value (optional) |
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| When due (optional) |
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| Date of approval |
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| DAVID GRINDLEY | 2/20/2025 | ||