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