INSPIRE PLUS
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £260,376 for the year ended 31 August 2024, resulting in total net assets of £1,547,308. The trustees report that unrestricted reserves of £1,286,932 represent just short of 18 months of expenditure, which is below their stated policy target of approximately 24 months. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 £60,001 - £70,000 1” — page 45
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 £60,001 - £70,000 1” — page 45
“Trustees currently feel there is still sufficient level of risk associated with future funding, notably around PE & Sport Premium that warrants approximately 24 months of expenditure as unrestricted funds, within the general reserves. The reserves at the year end were £1,286,932 representing just short of 18 months of expenditure.”
“During the period the charity paid trustee, R Tyler, for services during the period which were unrelated to his work as a trustee, amounting to £931 (2023: £Nil). There was a balance due to R Tyler at the year end of £Nil (2023: £375). Key management includes the Chief Executive, and four other members of the charity (2023: Chief executive, and four other members of the charity). The remuneration paid or payable to management for employee services is shown below: Salaries for the year totalled £160,627 (2023: £190,399). Employer's NI for the year totalled £17,576 (2023: £21,054). Employer's pension contributions for the year totalled £14,289 (2023: £16,078). Expenses reimbursed for the year totalled £5,983 (2023: £5,701).” — page 48
Leadership, per the charity’s website
- Vincent Brittain — CEO & Founder
- Steve Bull — Director of Strategy & Development
Funders the charity credits
- Jensen Group Solutions
- Allison Homes
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Barry Philip Good
- Bijal Ladva
- Bill Lord
- CHRIS GAME
- Carol Hines
- Darren Joint
- Gareth Hart
- Jenny Barnes
- Paul David Alec Stokes
- RODNEY JOHN TYLER
- Rob Price
- SIMON JAMES BARTER BAHONSQTS
- Tom Mountain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.2m | £981k |
| 31/08/2024 | £1.3m | £1.0m |
| 31/08/2023 | £1.1m | £998k |
| 31/08/2022 | £1.2m | £812k |
| 31/08/2021 | £799k | £560k |
Common questions
Is INSPIRE PLUS financially healthy?
The accounts state that the charity generated a net income of £260,376 for the year ended 31 August 2024, resulting in total net assets of £1,547,308. The trustees report that unrestricted reserves of £1,286,932 represent just short of 18 months of expenditure, which is below their stated policy target of approximately 24 months. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Wright Vigar Limited.
What does the highest-paid employee of INSPIRE PLUS earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KEHAL CHASIDEI WIZNITZ LIMITED | 1 | £49k |
| THE BLAGRAVE TRUST | 1 | £20k |
| JEG TRUST LIMITED | 1 | £15k |
| CHASDEI DOV TRUST | 1 | £7k |