2024-08-31-accounts

Inspiration Incubator CIO ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 August 2024 R•glsterod charlty numbér 1195241

Insplrntlon Incubator Regl6tered Chwlty No. 1195241 RT FOR ThE YEAR ENDED 31 AUGUST 2024 Pago Legal ar#J Pthministrnlt¥8 Details INJaper￿It Examlnefs rewl Baianco Sheel Statement of FlnancAal A¢thltss 10 Statement of Cash Ik>w 11-13 l*Jtes to Ihe Acc￿nts

Insplratlon Incubator FOR THE YEAR ENDED 31 AUGUST 2024 TRUSTEE8 NirAe Barbery Retyr-BWat*n Maximdkqn R￿n01-BI9yIOb8n REGI8TERED OFFICE: Lonth)n EC2A 4NE ACCOUNTANTS: Chafl88 Osei, Bsc (Fkxlb). Msc. FCIE. AF& ATA. MIPA, MCIPP Flat 3, 11 Rochclalo Way. thprf(ffd London SE8 4LY

Insplratlon Incubator CIO TRUSTEES ANNUAL REpoirr F¢y the year end&1 31 August 2024 Introduction trustees we pleased to present their annual report together with the financial statements of the charlty f( the p￿10d endiNJ 31 August 2024. Reference & Administrative Details Charlty name: Registered charity number. Registered address: In5plration Incubat(Y 1195241 B6-￿ Paul Street, London EC2A 4NE Structure, Governance and Management Inspiration Incubat￿ (the 'CharW) 18 a Chafltable Incorporated Organisation (CIO) f￿nded on 21 July 2021 and governed by its Foundation Constituilon, as amended on 18 January 2022. The Charlty provides fina￿1[Yj to ¢haritabl8 pro1￿ts that meet ts Obl￿tiveS anyhere in the w(Ykl. To further the Ch¥itys chwitable purpcEes and 8nsure that grants awarded are f the public benefit, the trustees regularly review and agree its grant-making policy. Whén making any prograMme*relat￿l inv8Stments or mixed motive inv8Stm6nts tha trustees wlll have regard to the Charity Commission's guidance on investments and the Charity Commisslon's guidance cfft Public Benefit Tho Charity managed by ts trustees: Trustee Name D&e WPfAn End rf tem Nicde Barbwy RwJnor4 21 July 2021 20 Juty 2026 MaxImMl￿ R￿jner-BWeben 21 July 2021 20 Juty 2if25 Calhwina M¢s￿￿on6Y 21 July 2021 20 Juty 2027 Objectives and Artivities Purpose of the tharity

InS￿ra￿ Incubator CIO TRUSTEES ANNUAL REpoirr F¢￿ th8 year end￿ 31 August 2024 The purpc6e of Inspiration Incubator is the advancement of such Obj￿ cx purposes which are exclusively charitable ￿Ing to the law (rf England and Wales in any part of the world. The Charity was established by Maxlmilian Regner-Bleyleben and Nicole Bwbery Regner-Bleyleben, are the charltys prlncipal donors. The Chanty also occasionally r&eiv8s donalions from third parties and collects donations from individuals on behalf of partner organizations such as Ancient F￿&￿t Gudians. The Charity provides grants and dher f¢xms of financial support to organisations (registered charrtles, non-prrfit organisatl(X￿. 8rxlal enterprlses and oth8r non- charities) arKI individuals. In p¥ticul&. the chaTIty seeks to supp(Yt grass-roots initiatives where its funding Nill have the greatest impac( including where there are fundlng gaps that other charities do not supp￿t, such as core clxts. Whlle the trustees will fr(xn tim8 to time idenlify pthlar ￿eaS cl focus, th8 Charty is being established with general charitable wrp(xes to enable the Charity to have M￿rn￿M flexlblllty In terffts (* the prOj￿ts It can fund and the xliwtles It can puryaue. The charlty trustees have complied with the duty in section 4 cfj the 2006 Act to have due regard to guidance on publlc benefft published by the c(xnmlssion. Athlevements and PerftKmance Th8 trustees agreed al the stwt of the p￿.C￿j that the Chariws ￿uS will be on supporting initiatives that f￿u9 pwwces to c(￿neCt Jwng liwg in GBP5,0 Nature

Insplrallon Incubth CIO TRUSTEES ANNUAL REPOI Fc the year 31 August 2024 urtjan anNIn￿ments tAth na￿re FdkjwryL￿ investrnent in tsrofft s(xial impa business making & distriiwling ultrd4)w cost 23-Fetp24 DOT Glasses Keny8 USD10.000 l￿tn-24 Ancient UK PasS-thrTr￿ ￿Tr11r￿J co￿1￿1 via Donorbox fi)r AFG'S pr03r￿Me$ to prcth ckxKI forests wi Bdi4ia WKI the C￿traI AfrK8n Republc. GBP1.287 Gu8r{li￿¥ Financlal Revlew The trustees present therr rep(t wlth the fsnancial statements (rf the Charity for the year ended 31 August 2024. Th8 accounts (financial 8tatem8nts) have b88n prepared in ￿CffdanCe with the stat8m8nt of R8comm8nd8d Prxtic8: Accajnting and Reporting by Charities preparing their accounts in ￿(*dance with the Flnancial Reporting Standard ap￿1¢able in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the Unitad Kingdom and Republic of Irdand (FRS 102) and the Charities Act 2011 and UK Genwally Accepted Pr&tice as It applies fr(xn 1 2019. The accounts (financial statements) have been prepared to glve a ￿u8 and farf vi8W and h8ve departed fr(Jn the Charities (Accounts and Reports) Regulatlons 2008 only to the extent required to provide a true and fair view,. Thls departure has involved fdlowing Accwnting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing thelr xcounts in accordance the Financial Reporting Stand&d applic￿le in the UK and Republic rf Ireland (FRS 102) issued In OctrA)er 2019 rather than the AccountiThJ and Reporting by Charit18S.' Statement of Recommended Pr8Ctice eff￿lIve from 1 Awll 2005 which has 8in¢8 bean withdrawn. Fundralslng During the year, the Charty rased a tolal d £5,475. 11 spent £14,211 on charitable aclivities. All th8 amounts raised in the year w&8 proNided by individual donors restricted purposes. These funds have gone dir￿tlY to the l(ral chwitable organisations managing the wojects on the grwnd.

hwlratlon Incubator CIO TRUSTEES ANNUAL REPORT Fix the year ￿ded 31 August 2024 Flnanclal Revlew In the accounting year ended 31 August 2024, the Chwity had Income of £5,532 and incurred expenditures of £15.166. Administrative ccK8ts were £1,166. Reserves Pollcy Inspiration Incubator ended the year with £17.132 In reswves. all of is unrestricted. At the year end. the Charity had 8uffici&it reseprfes to cover any administrative costs in the short tsmi. Declaratlons The trustees declwe that they have aprmved the trustees, report above. This r8POrt was approved and authorised f¢x issue by the Board cl Trustees on 13 May 2025. and slgned Its behalf by. Nicde Barbery Regnw-Bleyleben Trustee

Insplr•tlon In¢￿#tOr R•gl¥l•r•d Clwlty 1195241 O THE TRU SOF NCUBATO I report on the fina￿￿ slakn￿ knthe e￿Ied 31 W 2Cf24 Set out on pages 8. 13. This report k8 made to the TNsts88 of Inspwalion In￿bator, as a b￿, in a(wrdanco with rogulatlons made under sedon 145 rrfthg Charities XJ11 Charity SORP lfrssel. W work h•8 beèn undertaken 80 that I might 8tate b the TrLteos matters l om rwwirnd lo slate lo Ihgm in an Independent Examlnevs report and for no oth8r puryme. To the fulknl exlenl pomdI￿ by law. I do nota¢cgPt or as$umg rosponslblity to anyono other than the Chaty arKI Charilys trust8è8 for my i1￿l examination work, for th18 roporL orfor h 8talem•nt I hove belfjw. Ra8￿￿1￿￿ r••ponslblllth• alTruthM and Ind•p•nd•nt •x•mln•r A8 charmy trLb8t8##. kn th6 Purpo￿ crfth&y law. are wesp(wwiblg forth• of the finandal 8tolemont8. the Twyteas cortsNJer that an audlt r8quked fty 144{2) oflhe Chwib88 Act 20111th6 A£1) and that an IndeFW￿ nèthj. Having $8tJsfied my8eK that the Charity not 8UtbX b) an ￿ under L¥)mp8ny law bB èllglbl8 for Midepen¢Jenl ex8minakn'on. rt k8 my resporolbility to.. 0) examlrn th• urKl•r 8•Ctth 145 oftr 2011 kt b) follow the proc•durn$1old In the gen8rn1 Dkeclh)M gWI by Iho Chgrfty CorMil88lctsrn undèr 8ecllon 14515Mb) crf thè 2011 Act; and el $t8to whth parth￿1￿ mott¥ ha￿ com• tr my att•nJon. My exarnlnauon was c8nlwJ oul Tlth I￿ gertral DIre￿I￿$ gWI by the Charfty CcA))mlsskn. An ox4rnln8llon inC￿deS a roviow ¢1 tho ￿￿nt￿Vj r•X￿th W ty Iho Chanty. and a C￿npar￿0Th crf the accwnts prg8entod tlwe Te(yJth. tt 8180 con8k￿￿ ofany urKMJal Kem$ or dlsdosures In undertaken do not PTOYKle al tr eVKIen￿ tho1 ¥hJukl be required n an 8uthL a￿1 o)nsequentty no opinion Is glven as to whethor Ihe ac￿nts rK•s￿l a Irue fair aThJ thè reF¥ts limrted to matt•r8 sel out the statwnont on thè next pogo.

kAplrth Incubator R•glst•r•d Charty 14(•. 1195241 TOTHE TRU knd•pond•nt •xamln•rf• •tat•m• 11 vknlch gfve8 me reasonth cau8& to bolknve that tn ony maiwfjgl rgspedlhe requlroments al lo k￿P accountlng T￿OrdS kn 8ccord￿ Secur￿ 130 Chwwes * and bl to pr8parg 8¢counts acgxd wllh the xcounl*¥J recLvt18 c4>m￿yy￿th thè ac{￿￿ntIbVj rw4uiremerrt8 of th8 Charili88 hava not b•8n mèt or 2) to which. in rny OP￿Th. Att￿tion slM)Jd be th8wn h order lo 8naNe a pry¥w undgrBtsnding of th8 gccounts lo b& r88cW. Ch&rf88 0891. Bsc (Hons). MSC. FCIE. ATA. MIPK MCIPP Fl813, 11 RothdaF& Way, Depiftyd Lon￿ SE8 4LY t)ale: 1910V2025

In$piratkn Incubator R•glt•r•d Ch•rlty No. 1195241 BALANCE SHE UST 2022123 Currant Assets Cash at Bank arKI in hand 22.282 31.9TT Creditor8 Amount duo wilhln On8 Year (1501 Not AssetslLlab111ts8 General Fund8 17,132 31,164 R8stdcted Funds: 5,CQ1 813 22,132 The fin8ncl81 statements wwe apwovod by Boar(l of Trt￿te88 arml wJthori8ed for Issu& 13th May 2025 and $igned ￿ Ils behair ty. Chllr Maxlmllan Regner4

Inswratkln Incubalor 1195241 TATEMENT OF FINANCIAL ACTMTIE FOR TH 2022123 Fund¥ Fund• Total Fund¥ Total Fund• Rosourcos Arf•lng Contribut4on8 5.475 5,475 Other Incom• 58 12 Tolal Incom• 5.475 5.532 56.078 Dlr•ct Charltablo Expendliur• 12,924 1.287 14,211 29,480 Admlnhtratlv• M•1• 3b 1,166 1,166 1.014 Total Expgndltyr• 14.0 1287 15,377 30,494 Résour￿* r•taln•d for lurth•r u (14.032) 4,188 (9.8451 25,584 Trnn•f•r botw••n Fund• Net Movomont In Fund• Roconclllatlon• of Fund• 8roughl fonvard 01mMJ23 31.164 813 31.977 6.393 Carrlad foThMrd 3110812024 31,977

In8plratlon Incubator Reglstered Charlty No. 1195241 TATEMEN NDED 31 AUGUST 2 2024 2023 Cuh Ilow• from opwatlng actmli Cash goner8tg(l from ￿￿atrOr {9,695) 25.584 Net cash luwl inyprovided by opw*ing actpiites {9,895) 25,584 Ch•ngo In ¢Mh and •qulval•nts In tho rnporung wlod (9.695) 25,584 Ca•h •nd ca•h •wlval•nts at th• b•glnnlng of th• f•pordng pwlod 31.977 6,393 C•8h and ca•h •wlval•nts at th• •nd of th• r•portlng perfod 22,282 31,977 10

Insplratlon In¢ubAtor •918t•r•d Chlty N¢A 1195241 E YEAR 1. ACCOUNllMG POUCIES IS OF PREPARATION The ffn8nci81 ststernwts of the thartablo rJxnpany. w+)tch Is a public bewfft enlty Under FRD 102. have pr8par•d ￿7 aD￿rdance ilh the Charlies SORP IFRS 102),A0￿ntlng and R8pOrti￿ by Ch8ithes'. Ststsment of RecommerKW Pradl¢ 8pklicatl8 to chaths preparlng Ihelr aCC￿￿nts in accordance vAth the Financial Re￿K￿lThj Standarrl appkaL4e in the Uk and Republic of Irelarnl IFRG 1021 (aff•￿1Ve 1 January 20191, Flnancig Rep￿tkn9 StsrKlard 102 Tr FIr￿cIal ReFuling Standard appllcablg in thè UK and Repu￿1¢ of Ir8lantt and th8 Compan188 Act 20￿. Th• 8talem8nts hw b88n prapargd underthe hl8torfc41 c4>St conventi￿. INCOME A]1 inccthe 58 prgpar•d in Iho Sl8tm￿ of FwWn¢1￿ the ¢harity ha8 8r)ttttèmenl trj th8 funds. 5t18 probable that the In￿0 amount ￿1 mo88ur•J relld. EXPENDmiRE LIakn1￿8$ are rgcognl8od as 8xpr￿e8d as thern fy 8 al or C4)nStr￿J¥0 obligation cwimlttbng charttyto that expOr￿￿1rO, probable that a transfw wrtll bo r￿U1r8d in 88tttèment and thè amounl of ts otration can b8 me88urwl rnliai4y. Expandlture is accourrted for on on accw81s bgsls 8nd hgs been cbssffiéd under headlngs th81 aggreg8tg al cosl rdatsd trj tm catsg(wy. Whern costs ¢annol b8 directy attributod to headin9B they h8V8 been 8llcutod to acth11t￿5 1)n 8 b88L8 consIst￿l ¥thlth the u8• d resour￿& FUND ACCOUNnNG Thg ggnoral lunds Con￿#¢ offityMl8 thal Trus rny LAO tr Iwralk)n'# (￿rItaL￿a purp0888 #t tho dl$exeUon. r•$tricted fvThJs 8r¢ 7Atw• fv doThy h88 knp)8•d re8tr1(th w tr of thè funds. are legally kn'ndH￿. R8Slrict￿ fuTrJs held in t8seThg Ot Ihe and ol the repr8sMt in¢cffie ￿eN8d donor6 to b6 spent wlthln th• ftJlu*lng year. DeWl3 of Ilwse fund8 we set on the $8parats sth•dub8 In Nole. VOLUNTARY INCOlle All voluntary Income and recW In fv accounts gB they aro recefvod. GOVERNANCE COSTS 11

Rtyl•larod Chary No. 1185241 OTE FOR YH TOTrE ACC(XINTS 2 INCOME FROkl CHAgifABLExTrrn 5.475 5.475 24.eK)6 31,456 S6,1)6B Tatsl T4al 2022QJ 11924 1287 14211 Bonk f•• 216 216 Postsgo. FIW45 Indep•rthnt ￿￿rr1r•kn l• T+Jtsl 500 12

InWr8thott In¢ulJator ChwltyNth 1195241 THE ACCOUP4TS S RECONCIUAMN OF NET (EXPE•KIWRE)M4COIIE TO pEr CASH FLOWS FROM OPERATIIIG ACTMTES 2024 2023 l•xp•ndrfur•Yine4me foy Feri(J {8s pw Ihe Stalemgnl of flroNJal 8clvlkn) 1justm8nt lor. Ilncr8as8Vd•crv88• in <knbtty8 Inereaselldecrewl in i•ditc N•t ca•h lu••d Inywovld•d ty op•r• 19.845) 25.584 150 13