for the Period Ended 31 December 2024
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| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2024
Principal activities of the company
Additional information
Aspire4u has been working diligently across its three core pillars: mindset development, financial literacy, and employability. The organisation has expanded its reach across various regions and invested in its infrastructure and systems. Aspire4u is now focusing on identifying the necessary training to further enhance its capabilities and is also strengthening partnerships to support its objectives. Key Initiatives and Impact Breathing Space (Orbit): Aspire4u provided mental wellbeing support to Orbit Housing Group tenants through individual and group sessions. This support included tailored action and wellbeing plans, along with signposting to relevant services. The focus was on equipping individuals with skills for self-management of their mental health by teaching coping mechanisms, providing information about available support, building confidence, and offering practical assistance for direct stressors like debt, cost of living, and housing issues. This work is crucial as these tenants often face multiple disadvantages such as disability, long-term mental health challenges, weak social support, and poverty, increasing their vulnerability to poor mental health. Speak Up Support Scheme (NHS England): For the third year, Aspire4u has provided psychological support for NHS England's Speak Up Support Scheme, assisting NHS staff negatively affected by workplace whistleblowing. The organisation deploys experienced clinical psychologists with NHS backgrounds who understand the culture and challenges and are skilled in supporting individuals with work-related distress through 1:1 psychological support sessions. This equips individuals with coping mechanisms for distress, often related to PTSD symptoms, empowers their personal and professional growth, and provides NHS England with insights and recommendations for improving the internal culture that deters staff from raising concerns. Employee Assistance - FTSU Team Support (NHS England): Following the success of the Speak Up scheme, NHS England's Freedom to Speak Up team requested psychological support from Aspire4u. Aspire4u provided experienced clinical psychologists with NHS backgrounds to offer individual psychological support sessions and facilitated group reflective practice sessions to assist the team in managing their workload and delivering psychologically-informed professional support. Dudley Support Circles (Dudley Council): Aspire4u provides Dudley Council's low-level mental health support for residents, empowering individuals through one-on-one wellbeing sessions and group activities to manage their own mental health. This support is vital for those experiencing multiple disadvantages, including disability, long-term mental health issues, limited social support, and poverty. Dudley Wellbeing Garden (WMCA): With support from the West Midlands Combined Authority Environment Fund, Aspire4u established a gardening group for individuals experiencing poor mental health. The funding enabled the transformation of the office's neglected garden into a community asset, offering opportunities to acquire practical gardening techniques and sustainable methods, build self-confidence, and promote social connections. Wider Determinants of Health (Dudley and Walsall): Funded by the Black Country Healthcare NHS Foundation Trust, this project operates in Dudley and Walsall, targeting the most deprived areas and ethnic minority communities within the Black Country. Aspire4u focuses on engaging hidden communities through social media and tailored communication strategies, offering flexible support options and removing barriers to participation. Talking Therapies Plus (Black Country): This project, also funded by the Black Country Healthcare NHS Foundation Trust, addresses barriers preventing individuals in Dudley, Sandwell, and Walsall from accessing NHS mental health support. Aspire4u employs a network of diverse therapists who speak various languages, focusing on Eastern European and South Asian communities, to deliver one-to-one sessions and group workshops. Walsall Youth Outreach Team: Commissioned by Walsall Council, Aspire4u conducted youth outreach activities in crime hotspots within Walsall town centre, engaging at-risk teenagers and connecting them with opportunities. Sandwell Enterprise Programme: This program supported 120 new and early-stage businesses across the borough, offering intensive training, structured guidance, and direct support to help individuals turn their business ideas into viable ventures. Inclusive Communities Fund (WMCA): Aspire4u's wellbeing program in Dudley, funded by the West Midlands Combined Authority Inclusive Communities Fund, delivered a variety of initiatives grounded in the '5 ways to wellbeing', targeting social inclusion, physical activity, employability skills development, and community contribution. Black Country Innovation (Black Country NHS): Aspire4u is a key partner in a youth engagement innovation project addressing health inequalities, focusing on young adults from ethnic minorities in Sandwell. Future Outlook Aspire4u is positioned to deliver front-line services and support other initiatives and organisations with capacity development. The organisation aims to address potential gaps in services due to funding declines in local authorities and NHS integrated Care Boards in the West Midlands. Aspire4u is working towards achieving a 7-figure turnover and strengthening its workforce and succession plan to amplify its national presence between 2025 and 2028. K Showande Director
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 2024
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
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Status: Director
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2024
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Company Activities and Impact: -Aspire4u focuses on mindset development, financial literacy, and employability. They have expanded their work across regions and invested in infrastructure and systems. -Provides mental wellbeing support to various groups, including Orbit Housing Group tenants, NHS staff, and Dudley residents. This support includes individual and group sessions, tailored action plans, and signposting to relevant services. -Aspire4u also addresses the wider determinants of health in deprived areas and ethnic minority communities, offering flexible support options and removing barriers to participation. -Runs programs like the Sandwell Enterprise Programme, which supports new and early-stage businesses, and the Inclusive Communities Fund, which delivers wellbeing initiatives focusing on social inclusion, physical activity, and employability. Community Benefits in the Financial Year: -Aspire4u's activities have a significant positive impact on the community by improving mental health, providing coping mechanisms, and empowering personal and professional growth. -Aspire4u work reduces the need for interventions from the NHS or Safeguarding and Adult Social Care teams by preventing the worsening of mental health conditions. -The Sandwell Enterprise Programme contributed substantially to the local economy by equipping residents with the tools and connections needed to launch or grow businesses. Over £150,000 in grants were distributed through the program, with 99 of those businesses being female-led. -The Inclusive Communities Fund fostered a supportive environment where individuals could connect through shared interests, facilitating access to further mental wellbeing support.
No consultation with stakeholders
The total amount paid or receivable by directors in respect of qualifying services was £36,000. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
4 June 2025
And signed on behalf of the board by:
Name: CHRIS SHOWANDE
Status: Director