Trustees, Report and Strategic Report
Legal Structure and Governance
Inspire was incorporated by guarantee on 8th April
1991. It has no share capital and is recognised as a
charity by the Charity Commission and HM Revenue
and Customs. The guarantee of each member is
limited to £1. The governing documents are the
Memorandum and Articles of Association las adopted
7 December 2014.
accordance with this article, if willing to act. shall be
eligible for reappointment for a further term of up to
three consecutive years. The Trustees may at any
time co-opt any eligible individual and a co-opted
Trustee shall be appointed to hold office from the
date of appointment to the next annual general
meeting.
Inspire has a number of wholly owned subsidiaries-
Inspire Wellbeing Company Limited by Guarantee
115848091 registered in the Republic of Ireland and
Carecall INI) Limited. the latter also having a wholly
owned subsidiary registered in the Republic of
Ireland, EAP Consulting Limited113726601.
Induction and Training of Trustees
New Trustees and committee members receive an
induction upon appointment to the Board of Trustees
and are invited to spend time with members of the
Executive Leadership Team as part of their induction.
This is a chance to learn about Inspire Wellbeing
and identify opportunities to become more involved
with our work_ Trustees are also invited to sewice
visits to learn more about Inspire Wellbeing_ The
Trustees will be provided access to regular training
and development to ensure Trustees are adequately
informed to ensure ihey cèn exercise effective
governance.
The Board of Trustees is responsible for the
overall governance and strategic direction of the
organisation with the CEO, in conjunction with
Executive Leadership team, having responsibility for
ensuring smooth running of day to day operations.
The Trustees are elected under the terms of the
Articles of Association.
Our Committees
We have four committees in place to support our
governance processes.
Throughout the year the Trustees did nol engage
in any of the following activities in relalions to
the company..
These are".
Undertake material transactions with the company_
Services, Quality and Development Committee
Receive any loans from the company.
Finance, Risk and Corporate SeNices Committee
Receive any remuneration for services as Trustee
of the company.
Nominab"ons and Governance Oversight Committee
Hold shares in the Company (which is limited by
guarantee and has no share capital).
Remuneration Committee
Each committee is guided by a Terms of Reference.
has a quorum of Trustee representatives and rnay
have co-opted members where appropriate. The
Remuneration Committee meets up to twice a year
and the others meet a minimum of four times per year.
Recruitment and Appointment of Trustees
The recruitment and appointment of Trustees is
managed through recommendations from the
Nominations and Governance Oversight Committee
to the Board of Trustees. The Nominations and
Governance Oversight committee also manage the
ski115 req uired for new Trustees and Trustees. rotation.
Organisational Structure and Decision Making
In order to ensure that the Inspire Group is managed
eff iciently and effectively. the Trustees have
delegated a range of dayto day decision making
powers to the Executive Leadership Team.
Trustees shall be appointed by an election of the
members of the Charity at the AGM. A Trustee
must be admitted as a member of the Charity on
appointment as a Trustee. At each AGM all Trustees.
except for Chair and Vice Chairperson under article
21 of the Charity's Articles of Association. who have
served three consecutive years or more as a Trustee
shall retire from office. A Trustee who retires in
The Trustees have established appropriate controls
and mechanisms to ensure that the staff team operate
within the powers delegated to it.
Inspire Wellbeing Annual Report Year Ended 31 Maich 2023
27

Trustees, Report and Strategic Report
Legal Structure and Governance
Continued
The Executive Leadership Team is responsible for the
management of the Group and its subsidiaries. in line
with the strategic direction agreed by the Trustees.
Trustee Attendance at Board Meetings during the
year to 31 March 2023.
Meetings
Attended
Outofa
Possible
Arrangements for Setting the Pay and
Remuneration of Key Management Personnel
The Remuneration Committee makes all key
decisions on the setting of pay and remuneration
for key management personnel,. The Committee is
guided by a Terms of Reference and has a quorum of
Trustee representatives.
Trustee
Aidan Browne
Jill Harrower-steele
William Frtzpatrick
David Kenefick
George O'Neill
Michael Hickey
Colm Conway
Finola O'Kane
Public Benefit Statement
The public benefit requirement is defined in the
Charities Act (Northern Ireland) 2008 and states
that purposes must be for the public benefit to be
charitable. The Trustees confirm that they have
complied with the duty to have regard to the
guidance issued by the Charity Commission for
Northern Ireland under section 4lbl of the Charities
Act (the public benefit requ irement statutory
guidance) a nd the Charities Regulatory Authority
guidance in the Republic Of Ireland. The Trustees are
confident that the activities have helped to achieve
the Charity's purposes and provide a benefit to
the beneficiaries.
Seamus Mannion
Maeve Hully
Ben Banerji
Peter Brown
Seamus Cowman
Emma Pollock
A quorum is comprised of any two members of
the Board of Trustees from time to time to perform
administrative and other routine functions on behalf of
the Board of Trustees.
Plans for Future Periods
The plan for the future is to continue to build on the
mission of the organisation and embed our values
across the Group. As we drive forward we also
conlinue to develop our financial plans to ensure
that Inspire Wellbeing achieves and maintains its free
reserves within a tolerances agreed by the Trustees.
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Inspire Wellbeing Annual Report Year Ended 31 March 2023

Trustees, Report and Strategic Report
Financial Review
The net movement in fund5 for the year is set out in the Financial Statements and related notes.
The Inspire Wellbeing Group had a surplus for the 2022123 financial year of£2,098K12021122-. £2,612KI. The
total funds ofthe Inspire Wellbeing Group at the end of 2022123 were £13,999K12021122.' £11,901KI. The Group
had £1,075K of funds held for restricted purposes12021122= £882KI.
The detailed financial results for the year ended 31st March 2023 are set out in the Financial Statements
that accompany this report which have been prepared in accordance with the Companies Act 2006 and the
Charities SORP IFRS 1021_
Summary Statement of Financial Activities
Total Funds
2022123
£'ooo
Total Funds
2021122
£'ooo
Total Incoming Resources
Total Expenditure
Net Incoming Resources
38,531
36,433
2,098
35.278
32,666
2,612
Summary Balance Sheet
31 March 2023 31 March 2022
£'ooo
£'ooo
Fixed Assets
5.579
8.421
{1)
13,999
1,075
12,924
13,999
5,760
7,701
11,5601
11,901
Net Current Assets
Non-current Liabilities
Net Assets
Restricted
882
Unrestricted
11.019
Total Funds
11,901
Reserves Policy
The Charitable Group Reserves Policy has been set by the Trustees with a future target range of 2.25 to
3 months of unrestricted reserves to be achieved. recognising the current risk profile of the organisation.
The policy is in place to ensure the Group can continue to deliver the services in the event of any short
term fi nancial disruption. The policy is reviewed on a regular basis to ensure that the target range rema in5
a ppropriate, given any significant changes impacting the organisation.
At the year end, the Charitable Group had free reserves of £7,156K131 March 2022. £5,066KI which represents
2.7 months131 March 2022. 2.2 monthl of unrestricted reserves.
Inspire Wellbeing Annual Report Year Ended 31 Maich 2023
29

Trustees, Report and Strategic Report
Risk Management
Our Risk Management Strategy
To identify both strategic and corporate risks that
threaten the achievement of Inspire Wellbeing's core
strategic objectives, Inspire Wellbeing applies the
principles of Corporate Risk Management through
a comprehensive Corporate Risk Register. The
core areas of the Register are developed from an
assessment of Inspire Wellbeing's Strategic Corporate
Plan and measured against performance. The
process of effective risk management within Inspire
includes a number of measures including-
Data Leakage. Hacking etc. These types of threats
continue to grow in complexity and understanding
them is the best way to defend our organisation.
We have invested. and will continue to invest, in
skills. hardware and software to help us face this
challenge. We work to continually monitor and update
our infrastructure and are actively looking at ways of
improving our security.
Resource Risk:
Challenges in allracling and retaining social care staff.
Risk Identification
The recruitment and retention of staff remains a
challenge not only for the organisation but for the
sector as a whole. As an organisation we carry out
regular review5 and benchmarking exercise across
the sector. Where necessary, subject to affordability,
we have increased salarie5 to reflect the demand
within the sector and we have restructured our
services accordingly. A key part of our recruitment
campaigns also involves advertising the non-
rnonetary benefits.
Risk Assessment
Risk Treatment and Management
Risk Monitoring and Review
Risk Reporting
All key risks are reviewed on a regular basis by the
Executive Leadership Team and appropriate actions
are taken to ensure mitigation. The register is a live
document and is updated as risks increase, decrease
or emerge. The Board of Trustees is responsible for
seeking assurances that the organisation effectively
operates systems and processes to manage risks. by
receiving and reviewing reports and information from
the Finance, Risk & Corporate Services Cotnmittee.
We advertised widely and over the last year we have
looked at creative ways of advertising, through virtual
job fairs. links to schools, colleges and universities. As
part of the selection process we have changed the
way in which we recruit and have moved away from a
competency based interview approach to values led
recruitment. A5 part of our longer term strategy, we
are developing a formal succession plan for key staff,
and continue a full review of our terms and conditions
of employment.
Principal Risks and Uncertainties
Financial Risk:
Lack of financial resource to meet increasingl
changing demands and growth.
Reputational Risk:
Failure to meet Regulatory standards.
Financial resource management and building
resewes remains a key focus across the organisation.
with a collaborative approach in setting budgets
a nd forecasts, and managing financial risks and
opportunities. These processes ensure we have
appropriate action plans in place to improve the
financial performance of the organisation and lo
po£itivoly profile the organisation externally_
It is essential to our organi5ation that we ensure all
our services are regulatory compliant. Inspection
Reports are public documents which help statutory
authorities determine Service Providers, competency
to deliver quality services so we consider reg ulations
and standards relating to designated centres as a
minimum threshold. We have robust procedures
in place and promote a culture which exceeds
regulatory standard5 and protect5 the rights and
dignity of residents through person-centred care
and SLJPPOrt.
Security Risk-
Data management and cyber security.
Cyber security is an ever evolving threat which can
take the form of Ransomware, Phishing, Malware,
30
Inspire Wellbeing Annual Report Year Ended 31 March 2023

We are
Team Inspire

Trustees, Report and Strategic Report
Risk Management
Continued
Regulatory Environment
Inspire operates in a highly regulated environment.
governed by.
The Group and Parent Charitable Company continue
to work tirelessly to secure income to finance their
ongoing activities.
Regulation and Quality Improvement Authority
IRQIAI in Northern Ireland, Health Informalion and
Qualiiy Aulhority IHIQAI in Ihe Republic of Ireland-
Funds Held as Custodian Trustees on Behalf
of Others
The Charity holds no funds as custodian trustees on
behalf of others.
Northern Ireland Charity Commission and the
Charity Regulator in Republic of Ireland_
Independent Auditors
During 2023 the trustees tendered for the a udit
services of Inspire Wellbeing. A proposal for auditors
will be put to the members ofthe company at the
Annual General Meeting.
Charity Governance Code
The Charity Governance Code is designed as a tool
to support continuous improvement. The Board of
Trustees has reviewed and will regularly revisit the
Code's key principles to ensure the highest standards
of governance.
Funding Sources
The Group and Parent Charitable Company have in
the past and continue to fund their charitable activities
through obtaining funding from a number of providers.
including the Northern Ireland Health and Social Care
Trusts, the Health Service Executive in the Republic
of Ireland, Supporting People, the Housing Executive.
the Public Health Agency and a number of agencies.
However you do IL start a conversation about mental health this #TimeToTalk Day
In partne15nip wi
eo
op
Insplre
Time to Talk Doy is o notionol compoign to get the notion tolking. This yeor. our chorityportne￿hip with Coop exponded to champion
the campaign. breoking the stigma surrounding mental heolth.
32
Inspire Wellbeing Annual Report Year Ended 31 March 2023

Trustees, Report and Strategic Report
Statement of Trustees, Responsibilities In
Respect of the Financial Statements
The Trustees Iwho are also directors of Inspire
Wellbeing for the purposes of company lawl are
responsible for preparing the Trustee5' Annual Report
(including the Strategic Report) and the Financial
Statements in accordance with applicable law
and regulation.
The Trustees are responsible for keeping adequate
accounting records that are sufficient to show a nd
explain the charitable company s transactions and
disclose with reasonable accuracy at any time the
financial position of the charita ble company and the
Group and enable them to ensure that the Financial
Statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets
ofthe Charitable Company and the Group and hence
for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Company law requires the Trustees to prepare
Fi na ncial Statements for each financial year. Under
that law the Trustees have prepared the Financial
Statements in accordance with United Kingdom
Accounting Standards, comprising FRS 102 "The
Financial Reporting Standard applicable in Ihe UK
and Republic of Ireland- and applicable law (United
Kingdom Generally Accepted Accounting Practice).
The Trustees are responsible for the oversight of
the maintenance and integrity of the charitable
company s website. Legislation in the United Kingdom
governing the preparation and dissemination of
Financial Statemenls may differ from legislation in
other jurisdictions.
Under company law the Trustees must not approve
the Fi nancial Statements unless they are satisfied that
they give a true and fair view of the state of the affairs
ofthe charitable company and the Group and ofthe
incoming resources and application of resources,
including the income and expenditure, of the
Charitable Group for that period In preparing these
Financial Statements, the Trustees are required to_.
In so far as the Trustees are aware,.
There is no relevant audit information of which the
charitable company s auditors are unaware. and
They have taken all the steps that they ought
to have taken as Trustees in order to make
themselve5 aware of any relevant audit
information and to establish that the auditors are
aware ofthat information.
Select suitable accounting policies and then
apply them consistently.,
Observe the methods and principles in the
Statement of Recommended Practice." Accounting
and Reporting by Charities120191-
Make judgments and estimates that are
reasonable and prudent.
State whether applicable UK Accounting
Standards, comprising FRS 102, have been
followed, subject to any material departures
disclosed and explained in the Financial
Statements; and
Prepare the Financial Statements on the
going concern basi5 unless it is inappropriate
to presume that the charitable company will
continue in business.
Inspire Wellbeing Annual Report Year Ended 31 Maich 2023
33

Trustees, Report and Strategic Report
Going Concern
In the year ended 31 March 2023. the Group
made a surplus of £2,098,00012021122-. surplus
of£2,612,0001 Overall, at the year end. the Group
had net assets of£13,999,00012022. £11.901.0001.
The Trustees consider the performance for the
year to be positive. The Group and parent Charity's
activities, together with factors likely to affect its
future development. performance and position.
are continuously reviewed by the Trustee5. This
included the company s Trustees reviewing and
taking a prLJdent approach to future cash flows. After
this review it was clear that excess funds existed
to pay all liabilities," therefore there are no material
Ljncertainties related to events or conditions that may
cast significant doLJbt a bout the ability of the Charity
to continue as a going concern.
the subsidiaries continue to require support from
the parent charitable company at this time. Inspire
Wellbeing is forecast to remain cash positive and
has indicated its intent to support both companies
for at le85t one year after the fina ncial 5t8tements
are signed.
Taking into consideration the above factors. the
Truslees of Inspire Wellbeing are satisfied that the
Group's cash flows are sufficient to enable the Group
and charitable parent company to continue as a going
concern and settle all liabilities as they fall due for at
least the next 12 months from the date of signing of
these Financial Statements. Accordingly the Group
and parent Charitable Company Financial Statements
have been prepared on a going concern basis.
Inspire Wellbeing. the parent charitable company.
provides financial supporl to two of ils wholly owned
trading subsidiary undertakings, through a letter
of support, that operate in line with the Inspire
Wellbeing's Vision and Mission. Carecall INI) Limited
and EAP Consultants Limited. The forecasts of these
subsidiaries both show improvemenl. however
Aidan Browne
{Chairl
28 September 2023
34
Inspire Wellbeing Annual Report Year Ended 31 March 2023