LINCS INSPIRE LIMITED
Registered charity 1169071 · accounts filings on the Charity Commission register
Financial health, per its FY2025 accounts
The accounts state that the group reported a net surplus of £433,902 for the year ended 31 March 2025, with total unrestricted funds increasing to £2,617,206. Per the trustees' report, the charity holds a reserves policy and maintains free reserves of £2,147,940, though it notes that long-term reserves have historically been insufficient. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the group's ability to continue as a going concern.
What the accounts disclose
Reserves policy: A reserves policy is in place and reviewed from time to time to ensure effectiveness. (held: £2.1m)
“A reserves policy is in place and reviewed from time to time to ensure effectiveness.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Recharges between parent charity and trading subsidiary
“Recharges made from the subsidiary to the parent totalled £375,210 (2024: £466,471). Recharges made from the parent to the subsidiary totalled £810,518 (2024: £873,509). At the balance sheet date the amount due from Lincs Inspire Venues & Enterprises Limited was £121,991 (2024 - £128,768).” — page 47
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Lincs Inspire Venues & Enterprises Limited
“2024/25 was the eighth year of trading for Lincs Inspire Venues & Enterprises Limited (LIVE), a not-for-profit private limited company set up as a trading subsidiary” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Forrester Boyd Robson Limited.
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£2.4m
Reported reserves equal ~3.1 months of spending — below the median for charities its size (median 4.6 months; benchmarks).
Trustees
- MALCOLM REGINALD TOWLEchair
- ALAN LESLIE BIRD
- Charles Lumley
- Ian Douglas Reekie
- Mark Andrew Hodson
Trustee list from the Charity Commission register (current, not historical).
Operates in: Lincolnshire · North East Lincolnshire · North Lincolnshire
Income and spending
Common questions
Is LINCS INSPIRE LIMITED financially healthy?
The accounts state that the group reported a net surplus of £433,902 for the year ended 31 March 2025, with total unrestricted funds increasing to £2,617,206. Per the trustees' report, the charity holds a reserves policy and maintains free reserves of £2,147,940, though it notes that long-term reserves have historically been insufficient. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the group's ability to continue as a going concern. Its FY2025 accounts were audited by Forrester Boyd Robson Limited.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE INSPIRE FOOTBALL FOUNDATION.