Finance Score: 0

Governance Score: -3

Support Score: 5

Deficit on unrestricted reserves: -2
Strong growth: +2

Only 4 Trustees: -1
Narrow trustee age band: -2

Grant maker support: +5

Overall GiG Score: 2

THE INSPIRE AND ACHIEVE FOUNDATION

IAF inspire young people to work towards a positive future by providing activities that improve their approach, attitude & behaviours towards education, employment and volunteering. We deliver outreach projects and workshops in partnership with colleges, charities, and employment support agencies, and provide basic IAG so young people can find the help and support they need to progress.

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates most of its income
There has been strong growth in spending over the last 5 years
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 4 trustees
The Board has little diversity in terms of age

Financial issues to consider:

There was a deficit on unrestricted reserves of £33,128 at the last year end after deducting the value of own use assets
There has been a change of accounting period recently, so trends may be hard to determine

Established: 15 years

www.inspireandachieve.co.uk

info@inspireachieve.co.uk

07891529797

Charity Commission for England and Wales

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/22?		£1,178	£1,288	£-110	£14	£-33	£-33	-0.3	30	10
31/03/21		£853	£913	£-60	£6	£76	£0	n/a	30	10
31/03/20		£438	£383	£56	n/a	n/a	n/a	n/a	n/a	0
31/03/19		£483	£454	£29	n/a	n/a	n/a	n/a	n/a	10
31/03/18		£371	£337	£35	£0	£0	£0	n/a	0	10
31/03/17		£223	£215	£8	£0	£0	£0	n/a	0	0
31/03/16	*	£120	£119	£1	£0	£0	£0	n/a	0	0
31/03/15		£94	£93	£1	£0	£0	£0	n/a	0	0
31/03/14		£78	£79	£-1	£0	£0	£0	n/a	0	0
31/03/13		£37	£68	£-31	£0	£0	£0	n/a	0	0
31/03/12	*	£51	£22	£29	£0	£0	£0	n/a	0	0
31/03/11	*	£1	£0	£0	£0	£0	£0	n/a	0	0
31/03/10	*	£58	£49	£9	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 144%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: -0.3 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.2

Asset Split ?

Listed activities

Education/Training
The Prevention Or Relief Of Poverty

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Nottinghamshire,

Who it helps

Children/Young People

Who works here?

30 employees
10 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - Communi-Tea
£286,321	24/03/2022	The funding will be used to continue to support unemployed and disadvantaged young people across North Nottinghamshire to overcome their barriers and to fulfil their potential through face-to-face ....more The funding will be used to continue to support unemployed and disadvantaged young people across North Nottinghamshire to overcome their barriers and to fulfil their potential through face-to-face delivery and online services whilst developing the organisation’s sustainability. Services inlcude mentoring into education and employment outreach programmes and training across Mansfield Worksop and Nottingham. A bespoke service is created for each individual that can range from help with personal hygiene issues through to support and encouragement to go to University.
Lloyds Bank Foundation - Grant to The Inspire and Achieve Foundation
£45,556	04/09/2018 24	Helping disadvantaged young people progress into employment and education. The charity supports over 200 people per year with a wide range of issues. The grant will fund the Directors salary.
National Lottery Community Fund - Mentoring in the Communi-Tea
£328,802	31/08/2018 36	This project will support young people who are not in education, employment or training. Bespoke mentoring will provide them with advice and information which builds their confidence and knowledge. A ....more This project will support young people who are not in education, employment or training. Bespoke mentoring will provide them with advice and information which builds their confidence and knowledge. A 'communi-tea' element of the project will bring young people and mentors together to build relationships and discuss topics such as mental health. A Young Person's Board will also be created so the young people have a say in designing the project.
Lloyds Bank Foundation - Grant to The Inspire and Achieve Foundation
£45,556	21/07/2016 24	Helping disadvantaged young people progress into employment and education. The charity supports over 200 people per year with a wide range of issues. The grant will fund the Directors salary.
Lloyds Bank Foundation - Grant to The Inspire and Achieve Foundation
£21,000	25/10/2013	The charity works with NEET's in the Mansfield district. It is currently using youth lead activities to engage and the provide ongoing mentoring and support. The grant will support participation, ....more The charity works with NEET's in the Mansfield district. It is currently using youth lead activities to engage and the provide ongoing mentoring and support. The grant will support participation, mentoring and moving on to positive activities.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Age Range of Trustees: 40-49

ALEXANDRA PEACE-GADSBY (Chair) Appointed: 2014, Occupation: Charity Worker, Other trusteeships: YOUTH UNITED FOUNDATION, RIDERS MINDS, FRIENDS OF NEWARK CASTLE AND VICTORIAN GARDENS,

ELIZABETH ANN BARRETT Appointed: 2023, Occupation: Principal

MATTHEW WILLIAM ROONEY Appointed: 2021, Occupation: Special Educational Needs And Disabilities (Send)

YVONNE CARD Appointed: 2015

Legal constitution

Charitable company registered in England & Wales on 05/05/2009, number: 1129402
Registered at Companies House on 17/03/2009, number: 06849534

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

13 returns made; AR16: 1 days late, AR12: 84 days late, AR11: 121 days late, AR10: 277 days late,

Main office

Inspire and Achieve Foundation
39D Stockwell Gate
Mansfield
Nottinghamshire
NG18 1LA

Objectives

1 TO ADVANCE THE EDUCATION OF YOUNG PEOPLE FROM REGENERATION AREAS (THE 'YOUNG PEOPLE')2 TO ADVANCE IN LIFE AND HELP THE YOUNG PEOPLE THROUGH A THE PROVISION OF ADVICE AND EDUCATIONAL ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO HELP IMPROVE THE CONDITIONS OF LIFE; ANDB PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL.

Data Sources