INSPIRE COMMUNITY TRUST

Registered charity 1107820 · accounts filings on the Charity Commission register

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Latest income
£4.8m
Latest spending
£4.5m
Registered
2005
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £289,013 for the year ended 31 March 2025, with total income of £4,780,087 and expenditure of £4,491,074. Per the trustees' report, the charity holds unrestricted reserves of £8,297,617, which exceeds its stated policy target of three months of running costs. The independent auditors issued a qualified opinion due to the inability to verify the Local Government Pension Scheme liability, but confirmed the going concern basis of accounting is appropriate.

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — in the top quarter for charities its size (median £70k)
The Chief Executive Officer (CEO) is also a Trustee of Inspire Community Trust. He received a salary of between £100,001 and £110,000 (2024: £120,001 - £130,000). — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of running costs and adequate redundancy costs (held: £8.3m)
build and maintain general reserves at a level for running costs for a period of three months and adequate redundancy costs. — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee
During the year, the Trust rented a room at its premises to Ranjit Bhamra (Trustee) at a value of £4,800 per annum. During the year the income amounted to £4,800 (2024: £9,600). The Trust also rented out a room to a close family member of a key management personnel. Rental income of £8,000 (2024: £8,000) was received during the year. — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Inspire Medicare Limited, Blossoms Care Home Limited
The consolidated financial statements incorporate the results of the charity and its trading subsidiaries, Inspire Medicare Limited and Blossoms Care Home Limited, for the year ended 31 March 2025. — page 19
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sargeant Partnership Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.8m
Total spending
£4.5m
Reserves (reported)
£2.0m
Employees
85

Reported reserves equal ~5.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kent · Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£4.8m£4.5m
31/03/2024£4.5m£4.3m
31/03/2023£4.4m£4.6m
31/03/2022£5.1m£4.8m
31/03/2021£5.7m£5.5m

Common questions

Is INSPIRE COMMUNITY TRUST financially healthy?

The accounts state that the charity reported a surplus of £289,013 for the year ended 31 March 2025, with total income of £4,780,087 and expenditure of £4,491,074. Per the trustees' report, the charity holds unrestricted reserves of £8,297,617, which exceeds its stated policy target of three months of running costs. The independent auditors issued a qualified opinion due to the inability to verify the Local Government Pension Scheme liability, but confirmed the going concern basis of accounting is appropriate. Its FY2025 accounts were audited by Sargeant Partnership Limited.

What does the highest-paid employee of INSPIRE COMMUNITY TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £100,001 - £110,000 band.