INSPIRE, TRAIN, GROW C.I.C.

Company limited by guarantee

Company Registration Number:
14390988 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

INSPIRE, TRAIN, GROW C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

INSPIRE, TRAIN, GROW C.I.C.

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Claire Fenton
Alex McElhoney


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
31 October 2025

And signed on behalf of the board by:
Name: Alex McElhoney
Status: Director

INSPIRE, TRAIN, GROW C.I.C.

Balance sheet

As at 31 October 2024

Notes 2024 13 months to 31 October 2023


£

£
Fixed assets
Tangible assets: 3 4,930 0
Total fixed assets: 4,930 0
Current assets
Cash at bank and in hand: 3,271 0
Total current assets: 3,271 0
Creditors: amounts falling due within one year: 4 ( 3,580 )
Net current assets (liabilities): (309) 0
Total assets less current liabilities: 4,621 0
Total net assets (liabilities): 4,621 0
Members' funds
Profit and loss account: 4,621 0
Total members' funds: 4,621 0

The notes form part of these financial statements

INSPIRE, TRAIN, GROW C.I.C.

Balance sheet statements

For the year ending 31 October 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 October 2025
and signed on behalf of the board by:

Name: Alex McElhoney
Status: Director

The notes form part of these financial statements

INSPIRE, TRAIN, GROW C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 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

    Fixtures & fittings 15% reducing balance

INSPIRE, TRAIN, GROW C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 13 months to 31 October 2023
    Average number of employees during the period 0 0

INSPIRE, TRAIN, GROW C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 0 0
Additions 5,800 5,800
Disposals
Revaluations
Transfers
At 31 October 2024 5,800 5,800
Depreciation
At 1 November 2023 0 0
Charge for year 870 870
On disposals
Other adjustments
At 31 October 2024 870 870
Net book value
At 31 October 2024 4,930 4,930
At 31 October 2023 0 0

INSPIRE, TRAIN, GROW C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024
£
Trade creditors 180
Accruals and deferred income 2,400
Other creditors 1,000
Total 3,580

COMMUNITY INTEREST ANNUAL REPORT

INSPIRE, TRAIN, GROW C.I.C.

Company Number: 14390988 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

We provide social value recruitment services to help individuals into work and apprenticeships. We aim to support the activity of other social enterprises and those offering training opportunities. We have purchased a double decker bus to provide a mobile workshop and classroom to enhance our activity.

Consultation with stakeholders

The companies registered directors and social steering committee have been consulted and are satisfied with the ending accounts.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 October 2025

And signed on behalf of the board by:
Name: Alex McElhoney
Status: Director