INSPIRING POSITIVE FUTURES CIC

Company limited by guarantee

Company Registration Number:
10964694 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

INSPIRING POSITIVE FUTURES CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

INSPIRING POSITIVE FUTURES CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Fixed assets
Intangible assets: 3 7,434 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 7,434 0
Current assets
Stocks:   0 0
Debtors: 4 2,937 1,100
Cash at bank and in hand: 17,193 20
Investments:   0 0
Total current assets: 20,130 1,120
Prepayments and accrued income: 0 0
Net current assets (liabilities): 20,130 1,120
Total assets less current liabilities: 27,564 1,120
Creditors: amounts falling due after more than one year: 5 ( 14,363 ) ( 5,525 )
Provision for liabilities: 0 0
Accruals and deferred income: ( 16,897 ) ( 480 )
Total net assets (liabilities): (3,696) (4,885)
Members' funds
Profit and loss account: (3,696) ( 4,885)
Total members' funds: ( 3,696) (4,885)

The notes form part of these financial statements

INSPIRING POSITIVE FUTURES CIC

Balance sheet statements

For the year ending 31 March 2025 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 24 December 2025
and signed on behalf of the board by:

Name: Kim Groves
Status: Director

The notes form part of these financial statements

INSPIRING POSITIVE FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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

    Turnover policy

    Income is included in the financial statements as it becomes receivable.

    Intangible fixed assets amortisation policy

    App development costs - not amortised

    Other accounting policies

    Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Taxation The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit. Government grants Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

INSPIRING POSITIVE FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 3 3

INSPIRING POSITIVE FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2024 0 0
Additions 7,434 7,434
Disposals
Revaluations
Transfers
At 31 March 2025 7,434 7,434
Amortisation
At 1 April 2024 0 0
Charge for year
On disposals
Other adjustments
At 31 March 2025 0 0
Net book value
At 31 March 2025 7,434 7,434
At 31 March 2024 0 0

INSPIRING POSITIVE FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 0 0
Prepayments and accrued income 1,837 0
Other debtors 1,100 1,100
Total 2,937 1,100
Debtors due after more than one year: 0 0

INSPIRING POSITIVE FUTURES CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 14,363 5,525
Total 14,363 5,525

COMMUNITY INTEREST ANNUAL REPORT

INSPIRING POSITIVE FUTURES CIC

Company Number: 10964694 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Inspiring Positive Futures CIC has secured funding for both our Primary Futures Model from The National Lottery Community Fund and Leeds City Council Communities Team. Our work with young people aged 18-24 has secured a second grant from the Department for Work and Pensions. In addition to this funding, we secured resources from the West Yorkshire Combined Authority, which enabled us to conduct a digital survey of young people not in employment, education, or training, in partnership with the Department for Work and Pensions. We have successfully delivered weekly skills and crafts sessions in the LS9 area of Leeds to over 60 young people, twice a week, along with career journey work and social action pro-jects. We worked in partnership with Dazl Dance, Leeds City Council Libraries, Meanwood Valley Farm, and Be Inspired. The NEETS Programme, developed by Inspiring Positive Futures, is proving highly success-ful, as we have achieved our targets of helping young people secure employment, education, and training. We have partnered with North Yorkshire Council, NHS York, and the King's Trust Fund. Our young people successfully delivered a Social Environmental Action Project in the Selby Secret Garden. They gained 19 skills, and many also received digital certificates for career-based courses. We now have four paid employees and are planning to secure more work to expand the team. Our founder, Kim Groves, continues to contribute personal investment, which we use to support our not-for-profit CIC.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Directors’ remuneration totalled £13,127 including NIC

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 December 2025

And signed on behalf of the board by:
Name: Kim Groves
Status: Director