2023-08-31-accounts

Registered number: 12710244 Charity number: 1191731

ASPIRE FOR YOUNG PEOPLE

(A Company Limited by Guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

CONTENTS

	Page
Reference and Administrative Details of the Charity, its Trustees and Advisers	1 - 2
Trustees' Report	2 - 5
Independent Examiner's Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes to the Financial Statements	9 - 14

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2023

Trustees	H Eley
Trustees	K Ford (appointed 5 January 2024)
	C Garnett (appointed 5 January 2024)
	G Hodgson (resigned 7 October 2022)
	D Rutley
	J Simons (resigned 7 October 2022)
	A Trethewey (resigned 12 October 2023)
Company registered number 12710244 Charity registered number 1191731 Registered office Aspire Schools The Wycombe Grange 56 Amersham Hill High Wycombe Buckinghamshire HP13 6PQ Company secretary Brian Lewis Independent examiner BKL Audit LLP Chartered Accountants 35 Ballards Lane London N3 1XW

Page 1

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2023

The Trustees present their annual report together with the financial statements of Aspire For Young People for the year 1 September 2022 to 31 August 2023. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

a. Policies and objectives

The charity’s object is to advance in life and relieve needs of young people through:

1. the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life;

2. creating increased access to artistic and cultural activities and education; and

3. providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Activities undertaken to achieve objectives

Over the past three years AfYP, with the support of Artswork and The Rothschild Foundation, have focused on providing access to cultural and creative opportunities for our students. We have celebrated identity, diversity, and cultural cohesion across Bucks with the children who often do not feel that they belong. We have enabled them to experience success through culture and creativity and raised ambitions. In 22-23 we focused on extending our offer to include work experience opportunities for children at Aspire Schools.

AFYP is now at the beginning of a new funding cycle and has allocated all grants previously received to various other charitable projects. The new funding cycle also co-insides with AFYP adapting our offer and launching a new exciting careers programme.

Page 2

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023

Achievements and performance

a. Main achievements of the Charity

Partnership with CEP

Alongside Young Creative Bucks CEP, we have designed a 1-day per week, 9-week Theatre, film and TV careers programme, Inspire Creative , with a small test group of students in year 11. This consists of 6 pupils from BP and 7 from Orchard House both of which are Aspire Alternative Provision settings. All students have been identified as ‘At Risk of Becoming NEET’ (not in education, employment or training) at the end of year 11.

The programme aims to inspire the students with 3 sectors from the creative industries:

• Film/TV - National Film and Television School

• Theatre - The Wycombe Swan

The programme will be based on 3 themes; Discover, Explore and Pursue the creative industries. Participants will discover what job roles there are within these industries and have some very practical workshops to explore and experience some of these job roles.

In addition, students will spend some time with the Job Centre Plus learning about how to apply for jobs, CV writing and practicing their interview skills through mock interviews with professionals. A day will be spent with Bucks College Group looking at the courses available in these sectors and beyond, and exploring with support how they might apply to a course. We will then end the programme with a Celebration Day at the Wycombe Swan Theatre where the students will plan a presentation of their work and set up the event using some of their learned new skills. The first 9-week programme is currently underway, with a Celebration Day taking place on 22nd April 2024.

Our aim is to inspire and encourage the students to take the next steps after year 11 into further education, training or employment. The students will also be working towards a Bronze Arts Award during this programme.

We have secured a grant of £16K from The Rothschild Foundation towards the project costs for the first 12months of the programme.

Art Therapy and Youth Club Space

Young people have used the art therapy space to explore self-identity and self-belief, to

explore difficult feelings and how emotions may be linked, and to express hopes and wishes for the future. They have also shown perseverance when working through feelings of frustration, resulting in feeling proud of themselves. Some young people are starting to become more confident to express themselves verbally with the help of their art. We have extended the concept of therapeutic Art into our youth club space. This is a creative space aimed at developing resilience and well-being. This is challenging for our students with mental health problems but when students challenge themselves to attend the benefits to their well-being and confidence are amazing. At the end of the academic year 22-23 students were able to attend a celebration event and gave speeches to an audience made up of families and staff.

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

Page 3

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023

b. Reserves policy

The Charity does not intend to hold reserves. Funds are allocated to specific time-bound projects and expenses matched to the funds. Should projects be delayed, funds will be carried forward and matched to expenditure as it arises.

c. Review of the year

Total income for the year was £40,291 with total expenditure being £70,668. The surplus expenditure relates to the fact that the Charity income predominantly was front loaded to the early stages and over time, until further grants are sought and awarded, the Charity will continue to draw down funds that were awarded in 2021. As at 31 August 2023, total funds carried forward were £16,418.

Structure, governance and management

a. Constitution

Aspire For Young People is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.

b. Methods of appointment or election of Trustees

On 1st July 2021, the Charity appointed 5 Trustees, one of which was the CEO of Aspire Schools and another an Aspire Schools staff member. The remaining three were independent of Aspire Schools.

As per the Charity’s Articles of Association, a minimum of 5 Trustees, and a maximum of 15 Trustees, can be appointed, with Trustees being members of the Board of Trustees for the Charity. The term of office, will be a minimum of 4 years, which can be extended for a further 4 year term on expiry. Trustees can resign their position at any time, in writing to the Chair of the Trustees.

To ensure independence of the Charity from the parent company “Aspire Schools”, no more than 40% of the Board in total, will be made up of existing Trustees of Aspire Schools or staff employed through either Aspire Schools, or any subsidiary company of Aspire Schools.

The Executive Head Teacher of Aspire Schools, will be deemed to be through their position, a Trustee of the Charity. Their position must be included within the 40% total of existing Trustees or Staff of Aspire Schools.

In order to protect the overall interest of the parent company, Aspire Schools, will appoint an existing Trustee, to oversee the operation of the charity, and to ensure that actions of the charity are consistent with the values of the Aspire Schools, and that the charity does not act in a way which is in conflict with Aspire Schools.

When appointing new Trustees, the Board of Trustees will give consideration to the skills and experience mix of existing Trustees in order to ensure the Governing Board has the necessary skills to contribute fully to the Charity's development.

Page 4

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023

Plans for future periods

To enable support of children missing out on education, Aspire Schools has invested in an old ambulance to create Art on a Bus - Creativity on the Move.

In conjunction with Aspire Schools, AFYP intends to utilise the adapted bus to visit rural and local communities where a number of students are having difficulty attending school. We will re-engage with students socially and academically through the creative process and access to arts and culture. The Art Bus will move on to school grounds to support re-engagement into the school community. This will allow us to share best practice and work directly with schools whilst supporting the young people to get back into school. In the future, we hope to extend this offer to include children outside of Aspire Schools. We have had several small grants to support the development of the Bus and look forward to launching the programme soon.

We are also working on expanding the Inspire Creative Programme to include wider opportunities to develop skills in support of future employment. We hope to develop external partnerships in a broad range of the creative industries (e.g. drama and make-up), as well as offering trips, visits and activities to expand the experiences offered to our students. We are also hoping to expand the offer to include Year 10 students as this is the year they would be focusing on work experience and schools are more likely to release them, and would also like to invite key mainstream schools to take part.

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles of the Charities SORP (FRS 102);

• make judgements and accounting estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

D Rutley

.............................................. D Rutley Trustee

Date: 22 May 2024

Page 5

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Independent Examiner's Report to the Trustees of Aspire For Young People ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 August 2023.

Responsibilities and Basis of Report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Edward Passmore

Signed: Dated: 23/05/2024 Edward Passmore FCA

BKL Audit LLP Chartered Accountants 35 Ballards Lane London N3 1XW

Page 6

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023

Note Note Income from: Donations and legacies 4 Total income Expenditure on: Charitable activities Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2023 £ Unrestricted funds 2023 £ 40,291 40,291 70,668 70,668 (30,377) 46,795 (30,377) 16,418	Total funds 2023 £ Total funds 2023 £ 40,291 40,291 70,668 70,668 (30,377) 46,795 (30,377) 16,418	Total funds 2022 £ Total funds 2022 £ 103,493 103,493 167,029 167,029 (63,536) 110,331 (63,536) 46,795

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 9 to 14 form part of these financial statements.

Page 7

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee) REGISTERED NUMBER: 12710244

BALANCE SHEET AS AT 31 AUGUST 2023

Note Current assets Debtors 7 Cash at bank and in hand Creditors: amounts falling due within one year 8 Net current assets Total net assets Charity funds Restricted funds 9 Unrestricted funds 9 Total funds	- 23,035 23,035 (6,617)	2023 £ 16,418 16,418 - 16,418 16,418	13,940 112,674 126,614 (79,819)	2022 £ 46,795
				46,795
				- 46,795
				46,795

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

D Rutley

................................................

D Rutley Trustee

Date: 22 May 2024

The notes on pages 9 to 14 form part of these financial statements.

Page 8

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

1. General information

Aspire for Young People is a company limited by guarantee and a registered charity (company number 12710244 and England and Wales registered charity number 1191731). It is governed by its Memorandum of Association and its registered office is Aspire Schools, The Wycombe Grange, 56 Amersham Hill, High Wycombe, Bucks, HP13 6PQ.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Aspire for Young People meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.3 Expenditure

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 required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 9

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

2. Accounting policies (continued)

2.4 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of Financial Activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of Financial Activities as the related expenditure is incurred.

2.5 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.6 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

2.8 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.9 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

3. Critical accounting estimates and areas of judgement

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

There are no critical accounting estimates or assumptions.

Page 10

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

4. Income from donations and legacies

Unrestricted funds 2023 £ Donations 2,700 Government grants 37,591 40,291	Total funds 2023 £ 2,700 37,591 40,291	Total funds 2022 £ 103,493 -
		103,493

5. Analysis of expenditure by activities

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2023	2023	2023	2022
	£	£	£	£
Cultural and creative opportunities	67,367	3,301	70,668	167,029

Analysis of direct costs

Cultural and creative opportunities 2023 £ Equipment 13,262 Courses 6,049 Trips 1,560 Projects - Consultancy and professional fees 46,496 67,367	Total funds 2023 £ 13,262 6,049 1,560 - 46,496 67,367	As restated Total funds 2022 £ 39,609 10,952 573 30,951 76,725
		158,810

Page 11

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

5. Analysis of expenditure by activities (continued)

Analysis of support costs

Governance costs - independent examination Food Administration expenses Consultancy and professional fees	Charitable activities 2023 £ 2,725 - 576 - 3,301	Total funds 2023 £ 2,725 - 576 - 3,301	As restated Total funds 2022 £ 3,000 753 566 3,900
			8,219

Restatement of expenses:

The comparative amounts for the year ended August 31, 2022, have been restated to reflect a change in the classification of certain expenses. Aspire Schools Academy Trust provides management services to Aspire for Young People. As Aspire for Young People does not employ staff directly, the related costs of £74,525 (previously included in direct costs as staff costs) and £3,900 (previously included in support costs as staff costs) have been reclassified as consultancy and professional fees within their respective categories.

6. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL) .

During the year ended 31 August 2023, no Trustee expenses have been incurred (2022 - £NIL) .

7. Debtors

Due within one year Trade debtors	2023 £ - -	2022 £ 13,940
		13,940

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ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

8. Creditors: Amounts falling due within one year

Trade creditors Amounts owed to associated undertakings Accruals and deferred income	2023 £ 225 3,767 2,625 6,617	2022 £ 14,084 65,735 -
		79,819

9. Statement of funds

Statement of funds - current year

Unrestricted funds General Funds Statement of funds - prior year Unrestricted funds General Funds	Balance at 1 September 2022 £ 46,795 Balance at 1 September 2021 £ 110,331	Income £ 40,291 Income £ 103,493	Expenditure £ (70,668) Expenditure £ (167,029)	Balance at 31 August 2023 £ 16,418
				Balance at 31 August 2022 £ 46,795

Page 13

ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

10. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds 2023 £ Current assets 23,035 Creditors due within one year (6,617) Total 16,418	Total funds 2023 £ 23,035 (6,617) 16,418

Analysis of net assets between funds - prior year

Current assets Creditors due within one year Total	Unrestricted funds 2022 £ 126,614 (79,819) 46,795	Total funds 2022 £ 126,614 (79,819) 46,795

11. Related party transactions

Aspire for Young People was set up by Aspire Schools, an Academy Trust in 2020.The entities share a common Chief Executive Officer, and therefore are related parties. During the year, Aspire Schools recharged salary costs of £49,262 (2022: £78,425) which were reimbused to Aspire Schools from Aspire for Young People. At the year end, £3,766 remained outstanding (2023 £65,735).

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Aspire for Young People

c/o Aspire Schools, The Wycombe Grange, 56 Amersham Hill, High Wycombe, Bucks, HP13 6PQ

22/05/2024

Date: …………………………

Your ref: ASP002/EP

Berg Kaprow Lewis LLP 35 Ballards Lane London N3 1XW

Dear Sirs

ASPIRE FOR YOUNG PEOPLE

The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent examination of the charitable company’s financial statements for the year ended 31 August 2023. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief.

1. We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion.

2. We confirm that the charitable company qualifies as small in accordance with the conditions set out in chapter 1 of part 15 of the Companies Act 2006.

3. We confirm that the charitable company was entitled to exemption under section 144 of the Charities Act 2011 the requirement to have its financial statements for the financial year ended 31 August 2023 audited. We also confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476 of the Companies Act 2006.

4. We have fulfilled our responsibilities as directors as set out in the terms of your engagement letter, under the Companies Act 2006 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view and for making accurate representations to you.

5. All the transactions undertaken by the charitable company have been properly reflected and recorded in the accounting records.

Registered office: Aspire Schools, The Wycombe Grange, 56 Amersham Hill, High Wycombe, Bucks, HP13 6PQ Registered in England & Wales no. 12710244 Registered charity no. 1191731

1. All the accounting records have been made available to you for the purpose of your independent examination. We have provided you with unrestricted access to all appropriate persons within the charitable company, and with all other records and related information requested, including minutes of all management and trustee meetings and correspondence with The Charity Commission.

2. The financial statements are free of material misstatements, including omissions.

3. The effects of uncorrected misstatements are immaterial both individually and in total.

Assets and liabilities

1. The charitable company has satisfactory title to all assets and there are no liens or encumbrances on the charitable company’s assets, except for those that are disclosed in the notes to the financial statements.

2. All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate.

3. We have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of assets and liabilities reflected in the financial statements.

Accounting estimates

1. The methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework.

Loans and arrangements

1. The charitable company has not granted any advances or credits to, or made guarantees on behalf of, directors other than those disclosed in the financial statements.

Legal claims

1. We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements.

Laws and regulations

1. We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements.

Related parties

1. Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements.

Subsequent events

1. All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.

PAGE 2 OF 3

Going concern

1. We believe that the charitable company’s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charitable company’s needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charitable company’s ability to continue as a going concern need to be made in the financial statements.

Yours faithfully

D Rutley

………………………………………………

Aspire for Young People

Signed on behalf of the Board of Directors

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ASP003 Aspire For Young People - accounts 31Aug2023 - documents for e-signing

Final Audit Report

2024-05-23

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