Finance Score: -7

Governance Score: -5

Support Score: 9

Poor Liquidity: -1
Spending falling: -1
Multiple Deficits and declines: -5

2 Trustees: -2
Narrow trustee age band: -2

Large volunteer base +3
Overall weighted support: +6

Overall GiG Score: -3

NEW HACKNEY EDUCATION BUSINESS PARTNERSHIP LIMITED

Inspire!, the education business partnership, delivers work-related learning, enterprise education and work experience to young people aged 3-24 from Hackney and neighbouring boroughs. By linking businesses and their employees with schools, we inspire, support and open doors for young people, giving them access to a world of choices and opportunities that may otherwise have remained out of reach.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from several prominent grant makers recently

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
Why are there only 2 trustees?
The Board has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There has been a change of accounting period recently, so trends may be hard to determine
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile and on several occasions in recent years less than spending

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 £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/23		£661	£497	£164	£0	£5	£5	0.1	13	250
31/08/22?		£1,346	£1,447	£-101	£0	£-159	£-159	-1.3	23	200
31/03/21		£928	£1,065	£-137	£0	£-58	£-79	-0.9	31	50
31/03/20		£1,217	£1,243	£-26	£12	£79	£21	0.2	35	1,000
31/03/19		£1,118	£1,298	£-180	£1	£105	£84	0.8	35	2,000
31/03/18		£1,140	£1,291	£-151	£0	£285	£265	2.5	34	0
31/03/17		£1,220	£1,353	£-133	£0	£437	£416	3.7	31	0
31/03/16		£1,168	£1,205	£-37	£0	£570	£549	5.5	26	0
31/03/15		£1,268	£1,243	£24	£12	£607	£586	5.7	25	0
31/03/14		£1,410	£1,382	£29	£11	£583	£583	5.1	24	0
31/03/13		£1,350	£1,328	£22	£11	£411	£411	3.7	22	0
31/03/12		£1,059	£1,035	£24	£11	£389	£389	4.5	19	0
31/03/11		£1,271	£1,237	£34	£11	£364	£364	3.5	20	0
31/03/10		£1,372	£1,350	£22	£10	£330	£330	2.9	20	0
31/03/09		£1,299	£1,202	£97	£12	£308	£308	3.1	18	0
31/03/08	*	£851	£837	£14	£8	£211	£211	3	14	0
31/03/07		£657	£655	£2	£8	£197	£197	3.6	14	0
31/03/06	*	£546	£485	£61	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 97%
Liabilities/Income: 28%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0.1 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.1

Asset Split ?

Balance Sheet History

Established: 19 years

www.inspire-ebp.org.uk

info@inspire-ebp.org.uk

02085363630

Charity Commission for England and Wales

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes

GiG Classification

Other education support

How it operates

Acts as an umbrella or resource body
Provides services

Where it operates

Camden, City Of London, Hackney, Haringey, Islington, Waltham Forest,

Who it helps

Children/Young People

Who supports them? ?

Donations from Grant Makers ?

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

Major supporters in last 5 years

City Bridge Trust	£47,872
Garfield Weston Foundation	£30,000
The Childhood Trust	£7,500
Wates Family Enterprise Trust	£5,000

Specific Donations

Amount	When Months	To be used for
Garfield Weston Foundation - Main Grants award
£30,000	05/11/2021	Inspire - Supporting Young People in Hackney
The Childhood Trust - Inspire's Holiday Camp
£5,000	03/07/2020	Inspire will host local Primary School children during the Easter 2021 holidays, using our on-site facilities that normally hosts our alternative provision school during termtime. We will be looking to provide fun educational activities for over 100 ....more Inspire will host local Primary School children during the Easter 2021 holidays, using our on-site facilities that normally hosts our alternative provision school during termtime. We will be looking to provide fun educational activities for over 100 young people throughout the week.
BBC Children in Need - Grant to New Hackney Education Business Partnership Ltd (Inspire!)
£2,790	17/06/2020 6	COVID19 - This grant will fund learning support for marginalised and disadvantaged young people who are adversely affected by covid-19. This provision will help their mental health and emotional well-being.
City Bridge Trust - Grant to Inspire!
£47,872	02/06/2020	A grant of £47,872 to fund the essential and urgent costs outlined in the application, so that the organisation can carry on providing support to Londoners.
Wates Family Enterprise Trust - Inspire
£5,000	25/02/2020	Towards funding one new school to take part in the programme next academic year.
The Childhood Trust - Inspiring the next generation
£2,500	10/12/2019	You can't be what you can't see research has shown that children rule out career options early on in life, influenced by what they see around them and in the media (Education and Employers, 2018). We want to change this to raise the aspiration of ....more You can't be what you can't see research has shown that children rule out career options early on in life, influenced by what they see around them and in the media (Education and Employers, 2018). We want to change this to raise the aspiration of children living in disadvantaged areas of London.
National Lottery Community Fund - Making our space fit for the community
£9,899	27/02/2019 12	The project will develop a Pupil Referral Unit and install security cameras and doors. The aim is to improve security and provide a space the local community can utilise.
Garfield Weston Foundation - Main Grants award
£20,000	25/01/2019	You can't be what you can't see
BBC Children in Need - Grant to New Hackney Education Business Partnership Ltd (Inspire!)
£17,991	30/07/2018 36	Art and music therapy sessions for 75 young people experiencing mental health issues in Hackney. By attending sessions young people will be better able to manage their mental health, improve their confidence and reengage with their education.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (2)

Current Trustees appointed

Age Range of Trustees: 64-74

CHARLES JOHN BELCHER Appointed: 2021, Occupation: Consultant

SUGATHAN SAHADEVAN Appointed: 2021, Occupation: Self Employed

Legal constitution

Charitable company registered in England & Wales on 25/08/2005, number: 1111037
Registered at Companies House on 18/06/2004, number: 05157521

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Ofsted (Office For Standards In Education)

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

18 returns made; AR08: 1 days late, AR06: 1 days late,

Main office

Unit 220
Mirror Works
12 Marshgate Lane
LONDON
E15 2NH

Objectives

THE COMPANY'S OBJECTS ARE3.1 TO ADVANCE THE EDUCATION AND TRAINING OF YOUNG PEOPLE AND SUPPORT THE EDUCATION SECTOR IN THELONDON BOROUGH OF HACKNEY AND THE CITY OF LONDON (OR IN ANY OTHER BOROUGH OF LONDON WHICH THE DIRECTORS MAY DETERMINE FROM TIME TO TIME), THROUGH THE PROMOTION, PROVISION AND SUPPORTOF WORK RELATED LEARNING PROGRAMMES, INCLUDING DEVELOPING EMPLOYMENT AND VOCATIONAL LEARNINGOPPORTUNITIES FOR YOUNG PEOPLE.

Defined Area of Benefit:

LONDON BOROUGH OF HACKNEY AND THE CITY OF LONDON

Data Sources

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