Inspire a Teen elevatlng poi¢nilol CREATING WAVES Annual Report and Accounts 2023 2024 CHARITY REGISTRATION NUMBER: 1199975
MESSAGE FROM THE CHAIR Change starts with a single ripple- a moment of trust, a space to be heard, a hand reaching out. This year at Inspire a Teen, those ripples have grown into powerful waves, shaping the futures of young people in North London. We have walked alongside them, listened to their fears, and celebrated their victories. Through every conversation, every program, and every ad of support, we have helped them push against the Currents of social pressures, anti-social behaviours, and deprivation - guiding them toward brighter, more hopeful horizons. Understanding the world of the young people we support is at the heart of everything we do. This year, we have worked closely with therapists and mental health professionals to ensure that every teen has the Spa to express themselves. process their challenges, and build Ihe resilience they need to thrive. By offering both practical and emotional support. we are not only shaping their present but also giving them the tools to navigate their futures with conf idence. A significant milestone this year has been the launch of the Weekend Warriors Club. a vital new initiative providin9 young people with a safe and engaging space every weekend. Designed to steer them away from negative influences and anti-social behaviours, this program offers structure, mentorship, and a sense of belonging when they need it most. We are incredibly grateful to National Lottery Million Hours for their generous support in making this vision a reality. Waves of change do not happen alone. They are built by the dedication of our staff. the passion of our volunteers, and the unwavering SUPPOrt of our partners and funders. Yow belief in our mission has allowed us to reach more young people, offer more opportunities, and break down more barriers than ever before. As we move forward, we remain committed to creating waves - waves of empowerment, understanding, and transformation. Together, we are not just changing lives. we are reshaping the tide for generations to come. Eliyohu Sekula Chair
Inspire a Teen is a dynamic non-profit dedicated to empowering BAME teenagers in North London, navigating the challenges of social pressures, anti-social behaviours, and deprivation. Committed to breaking down barriers, our organization provides innovative programs, including rural retreats, empowering clubs, employment initiatives, and essential support services. By fostering resilience, education, and community connections, we aim to inspire positive change, uplift lives, and create a brighter future for the teens we serve. VISIC)IW S i A i &ly&lKJ I . Empowering North London s teens to overcome adversity and realise their full potential, cultivating a community where every young person thrives, irrespective of their background. MISSIC)IxJ s i A i ilyÈlKJ I . Inspire a Teen is dedicated to providing innovative programs and unwavering support, fostering personal growth, and equipping teens with the skills needed to break free from societal constraints. Through empowerment, education, and community engagement, we aim to pave the way for a future where every teen in North London can flourish and contribute positively to society.
INSPIREXCHANGE An after-school club serving as a junction for empowerment, hosting group discussions, therapeutic sessions, and engaging activities to create a space where teens can share, learn, and build lasting connections. A summer camp designed to offer rural serenity. providing teens with a holistic experience to rejuven8te their minds and bodies, encouraging mental well-being and personal growth. IMPACT HIGHLIGHTS 104 sessions held, providing a safe space for discussion, therapy, and personal development. 96 % of attendees reported improved confidence and stronger social connections. 970/0 felt more supported and understood after participating in group discussions. IMPACT HIGHLIGHTS 63 teens attended the rural retreat, benefiting from a break from urban pressures. 88% reported a noticeable improvement in their mental well-being and stress levels. 79% developed new coping mechanisms for anxiety and emotional challenges. SHARE AND CONNECT
A program designed to empower teens with employment skills, mentorship, and opportunities to earn money, unlocking doors to a future filled with possibilities beyond their current circumstances. EENEATS A comprehensive support hub addressing immediate needs, including a clubhouse food station, meals, and a pocket money drive, aiming to stabilise living conditions during times of crisis. rJD IMPACT HIGHLIGHTS IMPACT HIGHLIGHTS Over 15,000 meals provided to teens facing food insecurity. 100+ teens benefited from the pocket money drive, helping to ease f inancial struggles. 940k of partlClP8nts said the support helped them focus better on their education and personal goals. 31 participants successfully secured part4ime jobs or apprenticeships. 800A felt better prepared future career opportunities.
WEEKEND ,,WARRIORs> KICKING IT OFF I,lJ44:14klDI, I:Il•l:& Designed to engage Orthodox Jewish teens in Hackney with culturally appropriate football sessions. The project offers weekly football training, tailored to fit their religious schedules, and includes group discussions exploring the benefits of sports. The initiative aims to break down barriers, foster a sense of belonging, and unlock the potential youths through physical activity. This weekend club provides at-risk teens with a safe, supportive space to engage in positive activities that promote emotional vvell-being. life skills, and resilience. Running every weekend for eight hours. the project offers activities such as arts, sports, cooking, and group discussions, guided by licensed therapists and mentors. Our aim is to help teens build self-esteem, make positive Chols, and develop healthier social connections, providing an alternative to the negative influences they may face over the weekend. IMPACT HIGHLIGHTS IMPACT HIGHLIGHTS 98% of participants gained improved knovvledge of sports and its benefits. 80 % of participants increased physical activity levels after 3 months. teens provided a safe, supportive space on weekends. reported a decrease in participation in antisocial gatherings and risky behaviours. expressed increased trust in adults and mentors involved in the program. felt safer and more supported, contributing to improved emotional well-being. COMMUNITY FLmded
RANSFORMATIVE CHANGES IN THE LIVES OF THE TEENS WE SERVE: USER QUOTES: Inspire a Teen gave me a second family, a place where I feel understood and supported The rural retreat was a turning point. it made me realize l am capable of achieving anything ?1 MENTORS FEEDBACK: Being privileged to be part of the transformative journey of these remarkably resilient teens is an experience that is both humbling and profoundly inspiring. Witnessing their unwavering determination and growth within the nurturing environment provided by Inspire a Teen is like observing the ripple effect of positive change, extending far beyond the individual lives we touch. Each step they take towards empowerment echoes into their communities, creating a ripple that resonates with hope, resilience, and the promise of a brighter future. //
CHARITY REGISTRATION NUMBER: 1199975
INSPIRE A TEEN
TRUSTEES' REPORT AND UNAUDITED ACCOUNTS
30 JUNE 2024
INSPIRE A TEEN
INSPIRE A TEEN CHARITAB�E INCORPORATED ORGANISATION �CIO� �INANCIA� STATEMENTS
30 JUNE 2024
| Pages | |
|---|---|
| Trustees' Annual Report | 2 |
| Independent Examiners Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 |
Page 1
INSPIRE A TEEN TRUSTEES ANNUAL REPORT
The trustees present their report with the unaudited financial statements of the charity for the year ended 30 June 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1199975
Principal and Registered Office
58 Wellington Avenue
London N15 6BA N 6BA
Trustees
The following trustees served during the year:
B Rottenberg E Sekula
J Reichman
Independent Examiners
CHS Accountants Limited
45 Stamford Hill London N16 5SR
N 5SR
OBJECTIVES AND ACTIVITIES
The charity's objectives as set out in its governing document is to advance in life and relieve the needs of young people, with a focus on young people who are socially and/or economically disadvantaged through: (A) The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life; (B) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
The trustees confirm their compliance with the duty to have due regard to the public benefit guidance published by the Charity Commission when reviewing the charity's aims and objectives in planning future events.
ACHIEVEMENTS AND PERFORMANCE
The charity employs its funds and resources for providing recreational and leisure time activities to young people who are socially and/or economically disadvantaged.
The financial results for the period to 30 June 2024 are fully reflected in the attached Financial Statements and the Notes thereon.
FINANCIAL REVIEW
Reserves Policy
The charity's policy is to maintain Unrestricted funds at a level which the trustees deem appropriate after considering future commitments and the likely costs for the next year.
As at 30 June 2024 the charity had Unrestricted Funds of £15,646 (2023: £4,050).
PRINCIPAL RISKS AND UNCERTAINTIES
Risk Management
The trustees have identified and reviewed the major risks to which the charity is exposed, in particular operational and financial risks and are satisfied that appropriate systems are in place to manage and mitigate these risks.
Page 2
INSPIRE A TEEN TRUSTEES ANNUA� REPORT
P�ANS �OR �UTURE PERIODS
The charit� plans to continue the provision of recreational and leisure activities to these disadvantaged individuals�
STRUCTURE� GO�ERNANCE AND MANAGEMENT
The charit� is a registered charit� �charit� num�er 11���75� and is governed �� a �I� Foundation �onstitution dated 5 August 2�22�
The trustees administer the da��to�da� affairs of the charit�� None of the Trustees have �eneficial interest in the charit��
STATEMENT O� COMP�IANCE
The charit� is a pu�lic �enefit entit�� a registered charit� in England and �ales and is unincorporated� The address of the principal office is 5� �ellington Avenue� �ondon� N15 6BA�
S�������� �� ��������' ���������������� �� �������� �� ��� ��������� ����������
The charit� trustees are responsi�le for preparing a trustees' annual report and financial statements in accordance �ith applica�le la� and �nited �ingdom Accounting Standards ��nited �ingdom �enerall� Accepted Accounting Practice��
The trustees are responsi�le for �eeping proper accounting records that disclose �ith reasona�le accurac� at an� time the financial position of the charit� and to ena�le them to ensure that the financial statements compl� �ith the �harities Act 2�11� the applica�le �harities �Accounts and Reports� Regulations� and the provisions of the Trust deed� The Trustees are also responsi�le for safeguarding the assets of the charit� and hence ta�ing reasona�le steps for the prevention and detection of fraud and other irregularities�
Signed on �ehalf of the charit�'s trustees
E Se�ula
Trustee
6 �arch 2�25
Page �
INSPIRE A TEEN INDEPENDENT E�AMINERS REPORT
I���������� E�������'� R����� �� ��� �������� �� INSPIRE A TEEN
I report to the trustees on m� examination of the financial statements of INSPIRE A TEEN for the �ear ended �� �une 2�24 �hich comprise the Statement of Financial Activities� the Balance Sheet and the related notes�
R��������������� ��� ����� �� ������
As the charit�'s trustees �ou are responsi�le for the preparation of the financial statements in accordance �ith the re�uirements of the �harities Act 2�11�'the Act'�� The trustees consider that an audit is not re�uired for this �ear under the �harities Act 2�11� s�144�2� �the 2�11 Act� and that an independent examination is needed�
I report in respect of m� examination of the charit�'s financial statements carried out under section 145 of the 2�11 Act and in carr�ing out m� examination I have follo�ed all the applica�le �irections given �� the �harit� �ommission under section 145�5���� of the Act�
I���������� ��������'� ���������
I have completed m� examination� I can confirm that no material matters have come to m� attention in connection �ith the examination giving me cause to �elieve that in� an� material respect�
-
the accounting records �ere not �ept in respect of the charit� as re�uired �� section 1�� of the Act� or
-
the financial statements do not accord �ith those records� or
-
the financial statements do not compl� �ith the applica�le re�uirements concerning the form and content of the financial statements set out in the �harities �Accounts and Reports� Regulations 2��� other than an� re�uirement that the financial statements give a 'true and fair' vie� �hich is not a matter considered as part of an independent examination�
I have no concerns and have come across no other matters in connection �ith the examination to �hich attention should �e dra�n in this report in order to ena�le a proper understanding of the financial statements to �e reached�
- �ur Independent Examination covers the Financial Statements and the information contained therein�
P She�son A�A
- ��S Accountants �imited
45 Stamford �ill
- �ondon
N16 5SR
- 6 �arch 2�25
Page 4
INSPIRE A TEEN STATEMENT O� �INANCIA� ACTI�ITIES
�OR THE YEAR ENDED 30 JUNE 2024
| �OR THE YEAR ENDED 30 JUNE 2024 | |||
|---|---|---|---|
| N���� I����� ��� ���������� ����: �onations and legacies 2 T���� E���������� ��: �harita�le activities � �ther 4 T���� N�� �������� �� ����� R������������� �� �����: Total funds �rought for�ard T���� ����� ������� ������� |
T���� ����� | T���� ����� | |
| 2024 | 2023 | ||
| � | � |
||
| 127���� | 2���6� | ||
| 127���� | 2���6� | ||
| 111�7�4 | 24��16 | ||
| 4�56� | 7�7 | ||
| 116�2�4 | 24��1� | ||
| 11�5�6 | 4��5� | ||
| 4��5� | - | ||
| 15�646 | 4��5� | ||
Page 5
INSPIRE A TEEN BA�ANCE SHEET
AS AT 30 JUNE 2024
| AS AT 30 JUNE 2024 | ||
|---|---|---|
| C������ N�� 1199975 C������ ������ �ash at �an� and in hand C��������:Amount falling due �ithin one �ear 7 N�� ������� ������ T���� ��� ������ T�� ����� �� ��� ������� U����������� ����� � �eneral funds T���� ����� |
2024 � 2��446 2��446 �1������ 15�646 15�646 15�646 15�646 15�646 |
2023 � 5�4�� |
| 5�4�� �1�44�� |
||
| 4��5� | ||
| 4��5� | ||
| 4��5� | ||
| 4��5� | ||
| 4��5� |
Approved �� the trustees on 6 �arch 2�25
And signed on their �ehalf ���
E Se�ula Trustee 6 �arch 2�25
Page 6
INSPIRE A TEEN NOTES TO THE ACCOUNTS
�OR THE YEAR ENDED 30 JUNE 2024
1 A��������� ��������
B���� �� �����������
The financial statements have �een prepared in accordance �ith Statement of Recommended Practice� Accounting and Reporting �� �harities preparing their accounts in accordance �ith the Financial Reporting Standard applica�le in the �� and Repu�lic if Ireland �FRS 1�2� issued on 16 �ul� 2�14 and the Financial Reporting Standard applica�le in the �nited �ingdom and Repu�lic of Ireland �FRS 1�2� and the �harities Act 2�11�
C����� �� ����� �� ���������� �� �� �������� ��������
There has �een no change to the accounting policies �valuation rules and method of accounting� since last �ear and no changes have �een made to accounts for previous �ears�
���� ����������
�nrestricted funds These are availa�le for use at the discretion of the trustees in furtherance of the general o��ects of the charit��
-
�esignated funds These are unrestricted funds earmar�ed �� the trustees for particular purposes� Revaluation funds These are unrestricted funds �hich include a revaluation reserve representing the restatement of investment assets at their mar�et values�
-
Restricted funds These are availa�le for use su��ect to restrictions imposed �� the donor or through terms of an appeal�
I�����
Recognition of income Income is included in the Statement of Financial Activities �SoFA� �hen the charit� �ecomes entitled to� and virtuall� certain to receive� the income and the amount of the income can �e measured �ith sufficient relia�ilit��
Income �ith related �here income has related expenditure the income and related expenditure is reported gross in expenditure the SoFA�
- �onations and legacies �oluntar� income received �� �a� of grants� donations and gifts is included in the the SoFA �hen receiva�le and onl� �hen the �harit� has unconditional entitlement to the income�
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the gift�donation to donations and gifts �hich it relates� �onated services and These are onl� included in income ��ith an e�uivalent amount in expenditure� �here the facilities �enefit to the �harit� is reasona�l� �uantifia�le� measura�le and material� �olunteer help The value of an� volunteer help received is not included in the accounts� Investment income This is included in the accounts �hen receiva�le� This includes an� gain or loss resulting from revaluing investments to mar�et value at the end �ains��losses� on of the �ear� revaluation of fixed assets �ains��losses� on This includes an� gain or loss on the sale of investments� investment assets
Page 7
INSPIRE A TEEN NOTES TO THE ACCOUNTS
E���������� Recognition of Expenditure is recognised on an accruals �asis� Expenditure includes an� �AT �hich cannot expenditure �e full� recovered� and is reported as part of the expenditure to �hich it relates� Expenditure on raising These comprise the costs associated �ith attracting voluntar� income� fundraising trading funds costs and investment management costs� Expenditure on These comprise the costs incurred �� the �harit� in the deliver� of its activities and services in charita�le activities the furtherance of its o��ects� including the ma�ing of grants and governance costs� �rants pa�a�le All grant expenditure is accounted for on an actual paid �asis plus an accrual for grants that have �een approved �� the trustees at the end of the �ear �ut not �et paid� �overnance costs These include those costs associated �ith meeting the constitutional and statutor� re�uirements of the �harit�� including an� audit�independent examination fees� costs lin�ed to the strategic management of the �harit�� together �ith a share of other administration costs�
�ther expenditure These are support costs not allocated to a particular activit��
T�������
The charit� is exempt from tax on its charita�le activities�
T���� ��� ����� �������
Trade and other de�tors are recognised at the settlement amount due after an� trade discount offered� Prepa�ments are valued at the amount prepaid net of an� trade discounts due�
C��� ��� ���� �����������
�ash and cash e�uivalents comprise cash at �an� and on hand� demand deposits �ith �an�s and other short�term highl� li�uid investments �ith original maturities of three months or less and �an� overdrafts� In the statement of financial position� �an� overdrafts are sho�n �ithin �orro�ings or current lia�ilities� In the Statement of �ash Flo�s� cash and cash e�uivalents are sho�n net of �an� overdrafts that are repa�a�le on demand and form an integral part of the compan�'s cash management�
T���� ��� ����� ���������
Short term creditors are measured at the transaction price� �ther creditors and provisions are recognised �here the charit� has a present o�ligation resulting from a past event that �ill pro�a�l� result in the transfer of funds to a third part� and the amount due to settle the o�ligation can �e measured or estimated relia�l�� �reditors and provisions are normall� recognised at their settlement amount after allo�ing for an� trade discounts due�
R������ �� ������� ������ ���������� ��� ��������
All donated goods� facilities and services received are recognised �ithin incoming resources and expenditure at an estimate of the value to the charit��
2 I����� ���� ��������� ��� ��������
| ���� ���� ��������� ��� �������� | ||
|---|---|---|
| �onations | T���� 2024 � 127���� 127���� |
T���� 2023 � 2���6� |
| 2���6� |
Page �
INSPIRE A TEEN NOTES TO THE ACCOUNTS
� E���������� �� ���������� ����������
| �E���������� �� ���������� ���������� | ||
|---|---|---|
| on charitable Expenditure activities �eisure� recreational and social �elfare activities Governance costs Independent Examiners Fees 4O���� ����������� �egal and professional costs |
T���� 2024 � 1�����4 1���� 111�7�4 T���� 2024 � 4�56� 4�56� |
T���� 2023 � 22�576 1�44� |
| 24��16 | ||
| T���� 2023 � 257 |
||
| 257 |
5 T������ ������������ ��� ��������
None of the trustees have �een paid an� remuneration in the current or prior periods� None of the trustees have �een paid an� expenses in the current or prior periods�
6 S���� �����
No emplo�ee received emoluments in excess of �6������
7 C��������:
amounts falling due �ithin one �ear
| �ther creditors | 2024 � 12���� |
2023 � - |
|---|---|---|
| Accruals | 1���� | 1�44� |
| 1����� | 1�44� |
Page �
INSPIRE A TEEN NOTES TO THE ACCOUNTS
� M������� �� �����
| U����������� �����: G������ ����� T���� ����� �A������� �� ��� ������ ������� ����� Net current assets |
A� 30 J��� 2024 � 15�646 |
|---|---|
| 15�646 | |
| T���� � 15�646 |
|
| 15�646 |
1� R������ ����� �����������
�ther than an� mentioned a�ove there �ere no related part� transactions during the �ear re�uiring disclosure�
Page 1�