Overall GiG Score: -5 ?
Finance Score: -6
Governance Score: -5
Support Score: 6
  • Deficit on unrestricted reserves: -2
  • Spending declining: -1
  • Volatile income: -3
  • 2 Trustees: -2
  • Narrow trustee age band: -2
  • Grant maker support: +6

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:

  • The charity has received backing from multiple prominent grant makers recently
  • This charity has an endowment fund which generates most of its income

Regulatory & Governance issues to consider:

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

Financial issues to consider:

  • There was a deficit on unrestricted reserves of £159,000 at the last year end after deducting the value of own use assets
  • There has been a change of accounting period recently, so trends may be hard to determine
  • Spending is declining
  • Income has been volatile recently
Established: 19 years

www.inspire-ebp.org.uk

info@inspire-ebp.org.uk

02072756060

Charity Commission for England and WalesCompanies House
UN SDGs
?

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
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/08/22?£1,346£1,447£-101£0£-159£-159-1.323200
31/03/21£928£1,065£-137£0£-58£-79-0.93150
31/03/20£1,217£1,243£-26£12£79£210.2351,000
31/03/19£1,118£1,298£-180£1£105£840.8352,000
31/03/18£1,140£1,291£-151£0£285£2652.5342,475
31/03/17£1,220£1,353£-133£0£437£4163.7310
31/03/16£1,168£1,205£-37£0£570£5495.5260
31/03/15£1,268£1,243£24£12£607£5865.7250
31/03/14£1,410£1,382£29£11£583£5835.1240
31/03/13£1,350£1,328£22£11£411£4113.7220
31/03/12£1,059£1,035£24£11£389£3894.5190
31/03/11£1,271£1,237£34£11£364£3643.5200
31/03/10£1,372£1,350£22£10£330£3302.9200
31/03/09£1,299£1,202£97£12£308£3083.1180
31/03/08*£851£837£14£8£211£2113140
31/03/07£657£655£2£8£197£1973.6140
31/03/06*£546£485£61£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 262%
Liabilities/Income: 27%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: -1.3 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.1
Asset Split ?
What it does
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
Who works here?
  • 23 employees
  • 200 volunteers
Who it helps
  • Children/Young People
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's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant 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 ....more
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 ....more
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 ....more
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 ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (2)
Current Trustees appointed

Age Range of Trustees: 63-73
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
17 returns made; AR08: 1 days late, AR06: 1 days late,
Main office

34-38 DALSTON LANE
LONDON
E8 3AZ

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

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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