Annual Review 2008

Financial Summary

These financial statements are a summary of information extracted from the full consolidated financial statements. The full report and accounts were approved by the Trustees on 26th November 2008 and have been submitted to the Charity Commission and Registrar of Companies. These summarised financial statements may not contain sufficient information to allow for a full understanding of the financial affairs of Aspire.

For further information, the full annual accounts, the auditors' report on those accounts and the trustees' annual report should be consulted. Copies can be obtained from Aspire or, alternatively, you can download these financial statements.

Unrestricted Funds Restricted Funds Total 2008 Total 2007
                £'000             £'000          £'000           £'000
Incoming resources
Incoming resources from generated funds
Donations 289 104 393 264
Activities for generating funds:
Income of trading subsidary 619 - 619 581
Investment income 42 57 99 79
Incoming resources from charitable activities
National Training Centre 836 - 836 834
Aspire Supported Housing 37 - 37 34
Total incoming resources 1,823 161 1,984 1,792
Resources expended
Cost of generating funds
Cost of generating voluntary income 220 - 220 193
Costs of trading subsidary 293 - 293 294
Charitable expenditure
National Training Centre 1,017 17 1,034 1,025
Research 16 86 102 128
Aspire Supported Housing 99 41 140 107
Human Needs grants 89 - 89 116
Promoting independent living 62 - 62 57
Assistive technology 22 41 63 66
Governance costs 17 - 17 9
Total resources expended 1,835 185 2,020 1,995
Net (outgoing) resources before transfers (12) (24) (36) (203)
Transfer between funds (6) 6 - -
Net (outgoing) resources  (18) (18) (36) (203)
Loss on investments - (11) (11) (48)
Net movement in funds (18) (29) (47) (251)
Fund balances brought forward 783 1,199 1,982 2,233
Fund balances carried forward at 31 March 2008 765 1,170 1,935 1,982