Company Reglstratlon Number.. N1639811
Charity Number: 107570
taspire
Aspire {N.l.)
(A company Ilmltad by guardnte•, not havlng a sharè ¢apitsll
Annual Report and Unaudited Financial Statements
for the financial year ended 31 August 2024
Daly Park & Company Ltd
Chartered Accountants
4 Carnegie Street
Lurgan
Northern Ireland
BT66 6AS
United Kingdom

Aspire (N.1.)
(A company limited by guarantee. not having a share capltall
CONTENTS
Page
Dire¢tors' and Olher Information
Directors, Annual Report
Statement of Directors, Responsibilities
Independent Examinels Report
Statement of Financial Adivities
Balance Sheet
10
Notes to the Financial Statements

Aspire (N.1.)
IA cornpany Ilmlted by guarantee, not havlng a share eapltall
DIRECTORS. AND OTHER INFORMATION
Dlrectors
Carol Little
David M¢Brrde
David Wylie
lan Bingham
Leonard Adamson
Megan Collins
Jamie Curran {Resigned 31 October 2023)
Charlty Number in Northern Ireland
107570
Company Reglstration Number
N1639811
Reglstered Office and Prin¢ipal Address
23a Castle Lane
Lurgan
Craigavon
Co. Armagh
BT67 9BD
Northern Ireland
Independent Examingr
Daly Park & Company Ltd
Chartered Accountants
4 Carnegie Street
Lurgan
Northern Ireland
8T66 6AS
United Kingdom
Prlncipal Bankers
AIB
18-20 Scotch Street
Dungannon
Co Tyrone
BTIO 1A2
Northern Ireland

Aspire {N.l.)
(A company limlted by guarnnteè. not having a share ¢apitall
DIRECTORS. ANNUAL REPORT
for the financial year ended 31 August 2024
The directors present their Directors, Annual Report. combining the Directors, Report and Trustees. Report, and the
unaudrted financial statements for the financial year ended 31 August 2024.
The financial statements are prepared in a¢eordance with the Companies Act 2006, FRS 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" and Aeeounling and Reporting by Charities..
Statement of Recommended Practice applicable lo charities preparing their financial slalements in accordance with
the Financi81 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
The Directors, Report ¢onlains the infornalion required lo be provided in the Directors, Annual Report under the
Statement of Recommended Pra¢li* ISORPI guidelines. The directors of the company are also charity trustees for
the purpose of charity law and under the company's constitution are known as members of the board of trustees.
In this report the directors of Aspire {N.l.) present a summary of its purpose, governan￿, activities, achievements and
finances for the financial financial year 31 August 2024.
The company is a registered charity and hence the report and results are presented in a fom which complies with the
requirements of the Companies Act 2006 and. although not obliged to comply with the Slalemenl of Recommended
Pracliee applicable in the UK and Republic of Ireland FRS 102. the organisalion has implemented ils
recommendations where relevant in these financial statements.
Mission, Objo¢tiv•$ and Stratsgy
Mission Statement
Aspire INI} exists lo deliver on its principal activity lo work with children in Northern Ireland in povety to help close the
educational gap between the rieh and poor. We are a faith driven charity based in Craigavon. Northern Ireland that
work with local youth workers and churches to provide free services for children from lower income families to support
and equip them in education. Our work with schools and relevant agencies ensure that we aim to..
1. Provide relationships that enable young people to recognise their skills and full potential.
2. Provtde facilitators to encourage young people in education and help them lo take ownership of their ¢)wn
education.
3. Help those from lower income families by providing free tuition services
4. Help young people lo learn outside of the classroom by providing fun based edU￿tional a¢tivilie$ outside of school
hours
5. Give young people the opportunity lo explore faith.
Aspire Sessions
These offer a place for young people to work in a supervised and supportive environment after school. We provide
facilitators who encourage the young people and provide them with support. The facilitstors are youth workers from
local churches or organisations. Our young people are provided with laptops. resource5, and refreshment$.
Aspire Tuition
For young people who lake part in our after-school sessions who are struggling with any subjects, Aspire will
endeavour to link this young person to a suitable tutor from our bank of volunteers who are qualified in this $ubje¢t
and provide a period of free tuition.
Aspire Activities
Eduction is not just what happens in the classroom but can be fun too. Aspire activities are monthly aetivilies for
young people run by local churches and youth groups where leaming is combined with leisure such as sport or music
lessons.
Structure, Governan¢e and Managoment
Structure
Aspire INI) is a Company limil8d by guarantee and registered with Companies House under the refeTence Nl 639811.
The organisation is also a Registered Charity under the reference NIC107570 with The Charity Cornmis$ion of
Northern Ireland. Aspire INI) is governed by ils Memorandum and Articlgs of Association and controlled by its
Trustees. The day to day management of the charity on behalf of the Trustees is undertaken by MaTk Krtox. Trustees
are appointed and retire in accordan￿ wrth the ¢harity5 governing document with all new Trustees undergo an
induction and initial training on their role and responsibilities.

Aspire (N.1.)
IA company Ilmitsd by guarantee. not having a share capltall
DIRECTORS. ANNUAL REPORT
for the financial year ended 31 August 2024
Review of Activities, Achievements and Performance
202312024 has been another exciting year for Aspire. We continue to grow and expand our reach. building on the
su¢¢ess of previous yeaTS. Aspire now works in 27 schools,
providing vital support lo young people across Craigavon, Belfast.
and beyond. This year. we ran 10 aeademies, covering areas
such as art, business. youth work, music production. and more.
These aeademies provided essential training and inspiration for
secondary-age children while also engaging primary-age children
in foundational programs.
Y•
Lll
We held our largesl*ver croswommunity camp, bringing
together almost 50 young people at the Crawfordsburn Scout
Centre. The camp featured a rich program of aclivtlies. including
sports, workshops. and leadership development, all focused on
fostering understanding and connection across different
backgrounds.
ASPI￿,$ uniforni exchange program and back-t(kschool events remain
key parts of our outreach, providing practical support to families in need
across Craigavon and Belfast.
We have also continued lo develop meaningful partnerships with
businesses, working alongside organizalions such as Galey Legal and
Allen & Overy Sherman. These partnerships allow us lo further our
mission and provide greater ¢pportunilies for the young people we
support.
We are grateful for
the
ongoing
financial
support
from KFC, LFT
Trust. and others,
including dormant
account
funding
that
remain$
cornerstone of oui
work.
We are proud of the sU￿e$S of our young people, with 87% of
GCSE-age participants achieving 5 or more GCSES at grades
A".C-an improvement that reflects the hard work and dedicalion
of both our team and the young people themselves.
Aspire has once again proven that with the right SLtpport. young people ¢an thrive in school, in their communities. and
beyond.
Financial R9view
The financial results for the current year a￿ detailed in the Statement of Financial Activities and Balance Sheet. The
organisalion has been able to secure additional funding in the 2024 financial year from various sources, which has
helped il expand ils operations and lake on more stsff. Total income for the year was in excess of £200,000, an
incTease of almost 25%. Total expenditure also increas8d accordingly in the year to approximately £197.00012023
approx £145,000). An overall surplus of £762 is shown for the year.
Financial Results
Al the end of the financial year the company has assets of £49,91512023 - £48.0861 and liabilities of £1,833 {2023 -
£766}. The net assets of the company have increased by £762.

Aspire {N.l.)
IA company limited by guarantee, not havlng a share capltall
DIRECTORS, ANNUAL REPORT
for the financial year ended 31 August 2024
Reserves Position and Policy
From incorporation Aspi￿ has been Suc￿sful at raising sufficient funds to support its running costs. The purpose of
Aspire is not to be a profit making company, however it must remain sustainable in order to function and continue to
aid the Children in need. The aim is to achieve a level of unrestricted free reserves equivalent to six months running
costs, which the trustees believe is essential to maintain the stability of the organisation and continue to meet its aims
and objectives.
Reference and Administratlve detslls
Public Benefit
The Charity has given careful consideration to the Charity Commission for Northem Ireland's guidan￿ on public
benefit to ensure that the activities entered into during the year have helped to achieve the organisation's objectives
and activities, as well as prowding public benefit. The direct benefits which flow from our purposes include
improvement in the wellbeing, self*steem and opportunities for children from a lower income background. These
benefits a￿ demonstrated through our feedback from the children and their educational results. These purposes does
not lead to harm. The charity's benefi¢iaries are the chIld￿n from lower income families.
Directors
The current d1￿ClorS are as set out on page 3
Carol Little
David McBride
David Wylie
lan Bingham
Leonard Adarn50n
Megan Collins
Jamie Curran {Resigned 31 October 20231
In accordan￿ with the Articles of Association. the directors retire by rotation and. being eligible. offer themselves for
re•election.
Compliance with Se¢tor-Wide Legislation and Standards
The company engages pro-acbvely with legislation. standards and codes which are developed for the sector. Aspire
{N.l.I subscribes to and is compliant with the following..
The Companies Act 2006
The Charities SORP IFRS 102)
Approved by tho Board of Directors on 2
and signed on its behalf by:
Leonard Adamson
Dire¢tor

Aspire {N.l.)
{A company limited by guarantee, not havlng a shar8 capllall
STATEMENT OF DIRECTORS. RESPONSIBILITIES
for the financial year ended 31 August 2024
The directors are responsible for preparing the financial statements in accordance with applicable law and
regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the
directors have elected to prepare the financial statements in accordance with United Kingdom Generally Acceptèd
Accounting Practice (United Kingdom Accounting Standards and applicable lawl including FRS102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" Under company law the directors 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
Company and of the net income or expenditure of the company for that period.
In preparing these financial statements. the directors are required to..
select suitable accounting policies and apply them consistently..
make judgements and estimates that are reasonable and prudent..
state whether the financial statements have been prepared in accordan￿ with the relevant financial reporting
framework, identify those standards. and note the effect and the reasons lor any material departure from those
standards., and
prepare the financial statements on the going concern basis unless it is inappropriate to prèsume that Ihe
company will continue in operation.
The directors confimi that they have complied with the above requirements in preparing the financial statements.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the
company's transactions and disclose with reasonable accuracy at any time the financial posltion of the company 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 company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by the Board of Directors on
28 2S
and signed on its behalf by:
Leonard Adams
Director

Aspire (N.1.)
IA Company limitèd by 9uarantee. not having a share capltall
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF
DIRECTORS OF ASPIRE (N.I.)
We have examined the financial statements of the company for the financlal year ended 31 August 2024. which
comprise the Statement of Financial Activities {incoiporaling an Income and Expenditure A¢counll. the Balance Sheet
and the related notes.
Respective responsibilities of directors and examiner
The company's Iruslees (who are also the directors of the company for the purposes of company lawl are responsible
for the preparation of the financial slalements in accordan¢e with the requirements of the Companies Act 2006. The
company's directors consider that an audit is not required for this fin8nci81 year under Chapter 3 of Part 16 of the
Companies Act 2006 and that an independent examination is required.
It is our responsibility to-
examine the financial slalements under section 65 of the Charities Act-
follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland
under section 65191{b) of the Charities Act.. and
slate whether particular matters have corne lo our attention.
Basis of Indepondgnt examiner's report
We have examined your Company financial statements as required under section 65 of the Charities Act and our
examination was carried out in accordance with the general Directions given by the Charity Commission for Northern
Ireland under se¢lion 6519llb) of the Charities Act. An examination includes a review of the accounting records kept
by the company and a comparison of the financial statements presented with those records. 11 also includes
consideration of any unusual items or disclosures in the financial statements and seeking explanations from the
directors concerning any such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit and consequently no opinion is given as lo whether the accounts ptesent a 'true and fairf view
and the report is limited lo those matters set out in the statement below.
In connection with our examination. no matter ha$ ¢ome lo our attention which gives us cause to believe that in, any
material respect-
accounting records were not kept in accordan￿ with section 386 of the Companies Act 2006
the financial slalemenls do not accord with those accounting records
the financial statements have not been prepared in accoidance with the accounting requirements of section 396 of
the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice
applicable to charities preparing their accounts in aceordanee with the Financial Repgrting Standard applicable in
the UK and Republic of Ireland {FRS1021
there is further infomialion needed for a proper understanding of the accounts lo be reached.
Independent examiner's ststement
We have no concerns an
ve come across no other matters in connection with the examination to which attention
sho
be
wn in this r
in order to enable a proper understanding of the financial stalemenl$ to be reached.
DAL
Cha
RK & COMPANY LTD
ed Accounlanls
egie Street
Lurgan
Northern Ireland
BT66 6AS
United Kingdom

Aspire (N.1.)
IA company Ilmltèd by guarantee, not having a sharo capltal}
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporatlng an Incorne and Expenditure Account)
for the financial year ended 31 August 2024
Unrestricted Restrlcted
Funds
Funds
2024
2024
Total Unrestricted Restricted
Funds
Funds
Funds
2024
2023
2023
Total
Funds
2023
Notes
Incoming Resources
Voluntary Income
Activities for generating
funds
100,315
13,959
90,258
190,573
13.959
102,043
11.266
47,400
149.443
11.266
Total Incomlng resources
114.274
90.258
204,532
113,309
47.400
160,709
Resources Expend•d
Charitsble activities
129,266
74,504
203.770
119,136
27.660
146.796
Net Incomlngloutgolng
resources before transfers
{14.992)
15,754
762
{5,8271
19,740
13,913
Gross transfers be￿een
fvnds
Net movement in funds for
the financial year
114.992)
15,754
762
{5.8271
19.740
13.913
Reconciliation of funds:
Total funds beginning of the
year
12
15,952
31,368
47,320
21,779
11,628
33.407
Total funds at the end of
the year
960
47,122
48,082
15,952
31,368
47.320
The Slalement of Financral A¢tivities includes all gains and losses recognised in the financial year.
Ail income and expenditure relate to continLting activities.
The notes on pages 11 to 14 fom part ofthe finanoal statements

Aspire {N.l.)
IA company Ilmltod by guarantse. not having a share capital)
Company Number: N1639811
BALANCE SHEET
as at 31 August 2024
2024
2023
Nots$
Currènt Assets
Stocks
Debtors
Cash at bank and in hand
1,577
5,724
42,614
877
5,963
41,246
49,915
48,086
Creditors: Amounts falling due withln one year
10
{1,833)
17661
Net Current Assets
48,082
47,320
Totsl Assets less Current Liabilities
48,082
47,320
Funds
Restricted trust funds
General fund (unrestricted)
47.122
960
31.388
15,952
Totsl funds
12
48.082
47.320
These financial statemenls have been prepared in accordance with the special provisions relating to small companies
within Part 15 of the Companies Act 2006.
For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of
the Companies Act 2006., and no notice has been deposited under section 476.
The directors confiTh that the members have not required the company to obtain an audit of ils financial statements
for the financial year in question in accordance with section 476 of the Companies Act 2008.
The directors acknO￿edge their responsibilities for ensuring that the company keeps accounting records which
comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of
the company as at the end of the financial year and of its profit and loss foi the financial year in accordan￿ with the
requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements, $0 far as applicable to the company.
Approved by the Board of Directors and authorised for issue on 23
behalf by
and signed on its
Leonard Adamson
Director
The notes on pages 1110 14 form part of the financial statements
10

Aspire (N.1.)
IA company limlted by guarantȕ. not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
GENERAL INFORMATION
Aspire (N.l.l is a company limited by guarantee incorporated in Northem Ireland. The registered office of the
company is 23a Castle Lane. Lurgan. Craigavon. Co. Amiagh, BT67 9BD, Northern Ireland which is also the
principal place of business of the company The financial statements have been presented in Pound 1£) which
is also the functional curren¢y of the company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with items which ate considered
material in relation lo the charity's financial statements.
Basis of preparatlon
The financial statements have been prepared under the historical cost ￿nventiOn, modified to include
certain items al fair value. The financial ststements have been prepared in accordanee with the Slalement of
Recommended Practice ISORPI "Aecounling and Reporting by Charities preparing their accounts in
accordanee with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102"
As pemiitted by the Companies Act 2006, the company has varied the standard formats in that act foi the
Slalement of Financial Activities and the Balance Sheet. Departures from the standard fomials are lo comply
with the requirements of the Charities SORP and are in compliance with section 4.7. 10.6 and 15.2 of that
SORP.
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2017 have been prepared
on the going con￿r￿ basis and in accordance with the Ststement of Recommended Practice ISORPI
"Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland FRS 102-.
Cash flow statement
The company has availed of the exemption in FRS 102 from the ￿quirement lo produce a cash flow
statement because il is Classified as a small company.
Incoming Resources
Voluntary income or capital is included in the Statement of Financial Activities when the company is legally
enlilled lo it, its financial value can be quantified with reasonable certainty and there is reasonable certainty of
its ultimate receipt. Entitlement lo legacies is considered established when the company has been notified of a
distTibution to be made by the executors. Income re￿iVed in advance of due perfomiance under a contract is
accounted for as defetred income until earned. Grants for activities are recognised as income when the
lated conditions for legal entitlement have been met. All other in¢ome 1$ a¢¢ounted for on an accruals basis.
Resources Expended
All resources expended are accounted for on an accruals basis. Charitable activities include costs of services
and grants. support costs and depreciation on related assets. Costs of generating funds similarly include
fundraising aclivilies. Non-slaff costs not attributed to one category of activity are allocated or apportioned
pro-rata lo the staffing of the relevant service. Finance, HR. IT and adminislralive staff costs are directly
attributable to individual activities by objective. Governance cos15 are those associated with conslilulional and
statutory requirements.
Reserves policy
Aspire Nl will aim to hold up to 6 months running expenses at year end in order to have a reserve rf incoming
resources fall for any unsuspeded reason.
Debtors
Debtors a￿ ￿cOgnised at the settlement amount due after any d¢scount offered. Prepayments are valued at
the amounl prepaid net of any trad8 discounts du8. Income recognised by the company from government
agencies and other co-funders, but not yet received at year end, is inciuded in debtors.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposll at banks requiring less than th￿e months notice of
withdrawal.
11

continued
Aspire (N.1.)
IA company Ilmitèd by 9uarantee. not havlng a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
Taxation and deferred taxatlon
No current or deferred laxalion arises as the company has been granted charitable exemption. Irrecoverable
valued added lax is expensed as incuired.
Deferred lax is recognised in respect of all timing dIfferen￿S that have originated bul not revetsed al th8
balance sheet date where transactions or events have occurred al that dale that will result in an obligation to
pay more tax in the future. or a right to pay les$ lax in the future. Timing differences are tsmporary differences
be￿een the company's taxable income and its results as staled in the financial slalemenls.
Deferred tax is measured on an uftdiscounted basis at the tsx rates that are anticipated lo apply in the periods
in which the timing differences are expected to reverse, ba$ed on tsx rates and laws that have been enacted
or substantively enacted by the balance sheet dale.
PERIOD OF FINANCIAL STATEMENTS
The comparative figures relate to the 12 month period ended 31 August 2023.
INCOME
DONATIONS AND LEGACIES
Unrestrlcted Restrlcted
Funds
Funds
2024
2023
Voluntary Income
100.315
90.258
190.573
149.443
OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
2024
2023
Activities to Generate Funds
13,959
13,959
11,266
EXPENDITURE
CHARITABLE ACTIVITIES
Direct
Costs
Support
Costs
2024
2023
Cost of Charitable Activities
202,021
1,749
203.770
146,796
ANALYSIS OF SUPPORT COSTS
2024
2023
Bank Fees
Accountancy Fees
969
780
858
700
1,749
1,558
EMPLOYEES AND REMUNERATION
The Stsff costs comprise..
2024
2023
Wages and salaries
Pension costs
161.035
3,169
112.037
2.084
164,204
114,121
12

continued
Aspire (N.1.)
IA Company limitèd by guarantee, not havlng a share capitsll
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
STOCKS
2024
2023
Flnished goods and goods for resale
1,577
877
DE8TORS
2024
2023
Other debtors
Prepayments and accrued income
5,724
5,223
740
5.724
5.963
10.
CREDITORS
Amounts falling due within one year
2024
2023
Bank overdrafts
Trade creditors
Taxation and social security costs
Accruals and deferred income
166
{5001
443
823
637
1,030
1.833
766
11.
RESERVES
2024
2023
Al the beginning of the year
Surplus for the financial year
47.320
762
33.406
13,914
At the end of the year
48.082
47,320
12.
FUNDS
12.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Funds
Total
Funds
At 1 September 2022
Movement during the firtan¢ial year
21,779
15.827)
11.628
19,740
33.407
13,913
At 31 August 2023
Movement during the financial year
15,952
114.9921
31,368
15.754
47.320
762
At 31 August 2024
960
47,122
48,082
13

continued
Aspire (N.1.)
{A cornpany limited by guaranto0, not having a share capital
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
12.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balancg
1 September
2023
Income Expenditure
Transfers
between
funds
Balance
31 August
2024
Restrict￿ funds
Halrfax Foundation
Education Authority
The Ireland Funds
LFT Foundation
KFC Foundation
Bentley
Allen & Overy Foundation
Galeley PLC
Dormant Accounts Nl The
National Lottery Community Fund
Garfield Weston Foundatron
The Victoria Homes Trust
The Angus Lawson Memorial
Trust
5.000
17,000
1.000
16,897
5,000
4,638
4,650
480
5.334
1,707
18,452
4,000
17.000
16,897
5.000
4.638
2,700
1,950
480
5,334
1.707
25,333
6.881
15.000
2,315
18.272
14.031
2,315
969
18,272
31,368
90.258
74,504
47.122
Unrestrictgd funds
General Unreslri¢led Fund
15.952
114.274
129.286
960
Total funds
47,320
204,532
203,770
48.082
13.
STATUS
The Company is limited by gltarantee not having a Sha￿ capitsl.
The liability of the members is limited.
Every member of the company undertakes lo contribute lo the assets of the company in the event of 11$ being
wound up while they are members, or within one year thereafter. for the payment of the debts and liabilities of
the Company contracted before they ￿aSed to be members. and the costs. charges and expenses of winding
up, and for the adjustment of the rights of the contributors among themselves, such amount as may be
required, not exceeding £ 1.
14.
POST-BALANCE SHEET EVENTS
The￿ have been no significant events affecting the Charity Sin￿ the financial year-end.
15.
TRUSTEE REMUNERATION
None of the Trustees re￿iVed nor waived any kind of remuneration for their services as Trustees during the
current or previous financial year.
16.
INDEPENDENT EXAMINER FEES
The Indop8ndent Examiner was paid a fee of £780 in relation to their work for the 2024 finan¢ial year (2023
£6001.
14