Overview
Legal Structure and Governance
Inspire Wellbeing 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 Custom5. The guarantee
of each member is limited to £1. The governing
documents are the Memorandum and Articles of
Association las adopted 7 December 2017 and
Ljpdated 15 July 20221.
Inspire Wellbeing has a number of wholly owned
subsidiaries.. Inspire Wellbeing Company Limited by
Guarantee115848091 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.
The Board of Trustees is responsible for the
overal I governance and strategic direction of the
organisation with the CEO, in conjunction with the
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.
Co-opted Trustee shall be appointed to hold office
from the date of appointment to the next annual
general meeting.
Induction and Training of Trustees
New Trustees and committee members receive an
induction upon appointment to the Board 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 service 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
they can exercise effeclive governance.
Our Committees
We have four committees in place to support our
governance processes_
These are:
Services, Ouality and Development Committee
Finance, Risk and Corporate Sepoices Committee
Nominations and Governance Oversight
Committee
Throughout the year the Trustees did not engage
in any of the following activities in relations to
the company:
Undertake material transactions with the
company.
Remuneration Committee
Receive any loans from the company.
Receive any remuneration for services as Trustee
ofthe company.
Hold shares in the Company (which is limited by
guarantee and has no share capital).
Each committee is guided by a Terms of Reference.
has a quorum of Trustee representatives and may
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.
Organisational Structure and Decision Making
In order to ensure that the Inspire Group is managed
efficiently and effectively, the Trustees have
delegated a range of day to day decision making
powers to the Executive Leadership Team.
The Trustees have established appropriate controls
and mechanisms to ensure that the staff team operate
within the powers delegated to it.
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.
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. The Nominations and Governance
Oversight committee also manage the skills required
for new Trustees and Trustees. rotation.
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 accordance with this article. if willing to
act, shall be eligible for reappointment for a further
terrn of up to three consecutive years_ The Trustees
may at any time co-opt any eligible individual and a
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.
Inspire Wellbeing Annual Report Year Ended 31 Maich 2024
27

Overview
Legal Structure and Governance
Continued
Public Benefit Statement
The public benefit requirement is defined in the
Charities Act (Northern Ireland) 2008 and states
Iha I purposes musl be for the public benelil lo be
charitable. The Trustees confirm that Ihey 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 benefil requiremenl slatutory
guidance) and the Charities Regulatory Authority
g uidance in ROI. The Trustees are confident that
the activities have helped to achieve the Charity's
purposes and provide a benefit to the beneficiaries.
To provide general wellbeing services including
recreation and educational courses and materials
and day support services to promote the general
wellbeing of the public.
Inspire has furthered its objectives through the
provision of-
Supported accommodation, domiciliary sewices
and day activity services to individuals with mental
ill health and learning disabilities.,
The provision of counselling services
commissioned by statutory bodies and the sale of
Employment Assistant Programmes and products
IEAPI to employers in the public and private
sector" and
Main activities undertaken to further the ChariWs
purposes for public benefrt objectives and activities
The Charity's primary objective is to promote
wellbeing for all. More specifically-
To promote, support and explore flourishing
mental wellbeing throughout society to achieve
mental health and wellbeing for all.,
To work for and promote the preservation and
development of mental health for all those with
Mental health and learning disability needs..
To provide care and support including floating
support. and to promote and take steps to enable
full and independent living for older people andl
or persons with mental health andlor learning
disability needs-
To 6SSlSt those in need by the provision of
domiciliary care for those with or without mental
health issues," andlor learning disabilities-
To work for and promote the study of and
research into mental health and learning
disability and to obtain and make records of and
disseminate information concerning the same for
the public benefit;
To promote and advance the needs and provide
for the relief and support of people affected by
Mental illness and to promote good mental health..
To advance the education of the public to
promote good mental health and wellbeing-
To raise awareness and promote the prevention.
diagnosis, relief, understanding, and treatment
of addiction and substance abuse and aiding
by all means practical those suffering from or
who may whether directly or indirectly in any
way be affected by same and further to promote
such activities as may lead to a widespread
understanding ofthe nature, causes and effects
and incidence of addiction and substance abuse".
and
The provision of support and treatment for
individua15 affected by their or someone else'5
alcohol andlor drug use through the delivery of
counselling services. training, and alcohol andlor
drug awareness. and prevention workshops.
Plans for Future Periods
The plan for the future is to continue to build on the
mission ofthe organisation and embed our values
across the Group. As we drive forward we also
continLJe to develop our financial plans to ensure
that Inspire Wellbeing achieves and Maintains its free
reserves within a tolerance agreed by the Trustees.
Trustee Attendance at Board Meetings during the
year to 31 March 2024.
Meetings
Attended
Outofa
Possible
Trustee
Aidan Browne
Jill Hariower-steele
William Fitzpatrick
Finola O'Kane
George O'Neill
Michael Hickey
Colm Conway
Seèmus Mannion
Davic Kene-.Ick
Ben Banerji
Peter Brown
Etnma Pollock
Seèmus Cowman
Marcus Ruegg
Patricia Goan
A quorum is comprised of any two members of the
Board from time to time to perform administrative and
other routine functions on behalf of the Board.
28
Inspire Wellbeing Annual Report Year Ended 31 March 2024

Trustees, Report and Strategic Report
Financial Review
The net movement in fund5 for the period is set out in the Financial Statements and related notes.
The Inspire Wellbeing Group had a surplus for the 2023124 financial year of£l,206K12022123.' £2,098KI. The
total funds ofthe Inspire Wellbeing Group at the end of 2023124 were £15,205K12022123'. £13,999KI. The
Group had £807K of funds held for restricted purposes12022123'. £1.075KI.
The detailed financial results for the year ended 31st March 2024 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
2023124
£'ooo
Total Funds
2022123
£'ooo
Total Incoming Resources
Total Resources Expended
Net Incoming Resources
41,277
(40,071)
1,206
38,531
136,4331
2,098
Summary Balance Sheet
31 March 2024 31 March 2023
£'ooo
£'ooo
Fixed Assets
4,955
10.250
5,579
8,421
Net Current Assets
Non-current Liabilities
Net Assets
15,205
807
13,999
Restricted
1,075
Unrestricted
14,398
15,205
12,924
13,999
Total Funds
Reserves Policy
The Charitable Group Reserves Policy has been set by the Trustees with a target range of 3 to 6 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 service5 in the event of any short term financia I
disruption. The policy is reviewed on a regular basis to ensure that the target range remains appropriate, given
a ny significant changes impacting the organisation_
At the year end, the Charitable Group had free reserves of £9.253K131 March 2023. £7.156KI which represents
3.28 months131 March 2023.. 2.83 months) of unrestricted reserves.
Inspire Wellbeing Annual Report Year Ended 31 Maich 2024
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 attracting & reta ining 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 reviews and benchmarking exercise across
Ihe sector. Where necessary, subjpct 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 benefils.
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 rnoved away from a
competency based intetview approach to valLies led
recruitment. As part of our longer term strategy, we
are developing a formal succession plan for key staff,
and continue a full review of OLJr 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
& forecasts a nd 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
positively profile the organisation externally_
It is essential to our organisation 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 standards and protects the rights and
dignity of residents through person-centred care
and support
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 2024

We are
Team Inspire
,Smrftr

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 Information and Quality
Authority IHIQAI in the 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
The auditors. Moore Nl LLP, have indicated their
willingness to rema in in office and a resolution for
their re-election was passed at the Annual General
Meeting.
Charity Governance Code
The Charity Governance Code is designed as a
tool to support continuous improvement. The Board
has reviewed a nd will regularly revisit the Code's
key principles to ensure the highest standards of
governance.
Future Developments
The Charity plans to continue its present activities and
current trading levels. Employees are kept as fully
informed as practicable about developments within
the business.
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
inspir•
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 2024

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.
Prepare the Financial Statements on the
going concern basis unless it is inappropriate
to presume that the charitable company will
continue in business.
The Trustees are responsible for keeping adequate
accounting records that are sufficient to show 8 nd
explain the charitable company s transactions and
disclose with reasonable accuracy at any time the
financial position of the charitable 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).
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_.
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 Statements may differ from legislation in
other jurisdictions_
In so far as the Trustees are aware-
Select suitable accounting policies and then
apply them consistently.,
There is no relevant audit information of which the
charitable company s auditors are unaware" and
Observe the methods and principles in the
Statement of Recommended Practice." Accounting
and Reporting by Charities120191-
They have taken all the steps that they ought
to have taken as Trustees in order to make
themselves aware of any relevant audit
information and to establish that the auditors are
aware of that information_
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
Inspire Wellbeing Annual Report Year Ended 31 Maich 2024
33

Trustees, Report and Strategic Report
Going Concern
In the year ended 31 March 2024. the Group made
a surplus of £1,206K12022123. surplus of£2.098KI
Overall, at the year end, the Group had net assets of
£15,205K12022123. £13,999KI. The Trustees consider
the performance for the year to be sat15factory.
The Group and parent Charity's activities. together
with factorg likely to affect its future development.
performance and position, are regularly reviewed
by the Trustees. This included a review of updated
forecasts and a consideration of key risks that could
impactthe Charity
Taking into consideration the above factors, the
Trustees of Inspire Wellbeing are Satisfied with the
Group's ability to continue as a going concern and
settle all liabilities a5 they fall due for at least the next
12 month5 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 subsid iary undertakings that operate in line
with the Inspire Wellbeing's Vision and Mission.
Carecall INI) Lim ited and EAP Consultants Limited.
The forecasts of these subsidiaries both show
improvement., however the subsidiaries continue lo
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 least one year after the
financial Stalemenls are signed.
Aidan Browne
(Chairl
Jill Harrower-steele
(Vice Chairl
28 October 2024
34
Inspire Wellbeing Annual Report Year Ended 31 March 2024