INSPIRING FUTURES CIC

Company limited by guarantee

Company Registration Number:
12814756 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

INSPIRING FUTURES CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

INSPIRING FUTURES CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 71,483 12,597
Cost of sales: ( 44,297 ) ( 3,158 )
Gross profit(or loss): 27,186 9,439
Distribution costs: 0 0
Administrative expenses: ( 19,947 ) ( 11,429 )
Operating profit(or loss): 7,239 (1,990)
Profit(or loss) before tax: 7,239 (1,990)
Tax: ( 1,177 ) 0
Profit(or loss) for the financial year: 6,062 (1,990)

INSPIRING FUTURES CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 705 886
Total fixed assets: 705 886
Current assets
Debtors: 4 6,200 0
Cash at bank and in hand: 21,058 2,659
Total current assets: 27,258 2,659
Creditors: amounts falling due within one year: 5 ( 23,677 ) ( 5,322 )
Net current assets (liabilities): 3,581 (2,663)
Total assets less current liabilities: 4,286 ( 1,777)
Total net assets (liabilities): 4,286 (1,777)
Members' funds
Profit and loss account: 4,286 ( 1,777)
Total members' funds: 4,286 (1,777)

The notes form part of these financial statements

INSPIRING FUTURES CIC

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 May 2025
and signed on behalf of the board by:

Name: Sara Ramsden
Status: Director

The notes form part of these financial statements

INSPIRING FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated over 5 years on a straight line basis, starting in the month of purchase.

INSPIRING FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

INSPIRING FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 903 903
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 903 903
Depreciation
At 1 September 2023 17 17
Charge for year 181 181
On disposals
Other adjustments
At 31 August 2024 198 198
Net book value
At 31 August 2024 705 705
At 31 August 2023 886 886

INSPIRING FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 6,200 0
Total 6,200 0

INSPIRING FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,177 0
Accruals and deferred income 22,500 5,322
Total 23,677 5,322

COMMUNITY INTEREST ANNUAL REPORT

INSPIRING FUTURES CIC

Company Number: 12814756 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Company activities and impact Inspiring Futures provides the key to better mental health in our communities. We empower individuals and establishments to overcome the stigma and barriers of mental health issues faced by some of the most vulnerable members in today’s society .We will, through a bespoke person-centred programme of support and accredited learning, address the root causes of the challenges resulting from the mental health issues of the individual learner or group, and those associated with their care; and we will provide along-term, tangible solution to keep everyone physically and emotionally safe. Our ethos is simple, we are committed to: preserving the safety and welfare of the individual and their associated establishment by reducing the risk of further harm; preventing the escalation of mental health problems, and promoting recovery through professional sign-posting to appropriate medical and other relevant support. In the last 12 months we have worked with young people in Cheshire West and their families supporting them through various projects to support their mental health, improve their physical health and emotional well-being and support with other agencies.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid to a director was £3,206 in respect of qualifying services. There were no other transactions in connection with the remuneration of directors that need to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 May 2025

And signed on behalf of the board by:
Name: Sara Ramsden
Status: Director