rHE RISETRUST REGISTERED COMPANY NUMBER: 05662408 (England and Wales) REGISTERED CHARITY NUMBER: 1114446 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR THE RISE TRUST Sumer Auditco Limited stalutory Audilors Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) THE CONTENTS RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees Report of the Independent Auditors 18to20 statement of Financial Activities 21 Balance Sheet 22 Cash Flow Statement 23 Notes to the Financial Statements 24to38 THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) THE TRUSTEES, REPORT RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 The Trustees, who are also directors of The RISE Trust for the purposes of the Companies Act 2006, present their annual report and accounts for the year ended 31 March 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 (effective January 20191. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company Number- 05662408 (England and Wales) Registered Charlty Number 1114446 Registered Office The Ooks. Chippenham, Wiltshire. SN15 IDU. The Trustees, who are also the directors for the purpose of company law, unless Othemise stated were: Eve Cale Simon Dunn Claire Hayes Julia Harle Rosemary Lewi5 David Powell Anita Seaton Mo Simmon5 Lynette Turner Mirena Wainwright Chair Resigned 6 July 2024 Appointed 24 April 2023 - Resigned 16 January 2024 Appointed 6 July 2023 Appointed 24 April 2023 Resigned 16 January 2024 Company Secretary Eve Cale Auditor Sumer Auditco Limited, Statutory Auditors Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA Banker5 Nat West Direct 8usiness Banking PO Box 5479 I Spinningfields Square Manchester M61 ONH THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Senlor Management Team - up to 31103124 Lynn Evans - Chief Executive Officer Danielle Blake- Youth Service Lead stacey Henry - Children's Service Lead - Calne- TLJPE'd to Spurgeons 01 /04124 Emma Williams- Children's Service Lead - Chippenham & Corshom- TUPE'd to Spurgeons 91104124 Alison Wiltshire- Children's Service Leod - Royal Wootton Bassett- TUPE'd to SpLJrgeons 01 /04124 Saroh Poole- Finance Officer Senior Management Team- post 01104124 Lynn Evans- Chief Executive Officer Danielle Blake- Young People's Lead Sarah Poole- Finance Lead Debbie White- RISE Pre-school Manager STRUCTURE, GOVERNANCE AND MANAGEMENT The organisation is o charitoble company limited by guarantee, incorporated on 23 December 2005 and registered as a Charitable Trust No. 1114446 on 31 May 2006. The directors of the company are also RISE Trust trustees for the purposes of charity law and under the company's Articles of Association are known as members of the management committee. Under the requirements of the Memorandum and Articles of Association one third of the members of the management committee must retire from office at the Annual General Meeting, after which they may be re-elected. Christian ethics underpin the working structure of The RISE Trust. and as such the managemenl committee seeks to ensure people do have Christian values. a passion to work within the community, and have the relevant skills. Such persons are encouraged to become a trustee however it is not a pre-requisite that trustees are practising Christians. and they are not expected to become Christion, The RISE Trust has a management committee of a minimum of 5 members (Trustees) who meet four times a year and are responsible for the strategic direction and policy of The RISE Trust. These members come from a variety of professional background5 relevant to the work of the Trust, representing the more traditional business skills including finance, health and safety. management and human resources, as well as early year5 and education, working with vulnerable people. and special educational needs. This is to ensure we make an efforl lo maintain a broad combination of skills. members of the management committee are requested to provide a list of their skills land update it each yearl and in the event of particular skills being lost due to retirements. individuals are approached to offer themselves for election to the management commitlee. None of the trustee5 have any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 O in the event of a winding up. Trustees may already be familior with the practical work of The RISE Trust having been involved with aspects of Ihe Trust. such a5 volunteering and attending sessions. before becoming elected to serve on the management committee. Additionally. new trustees are invited and encouraged to attend a short information session lof no more than an hour) led by the Chair of the Trustees and the CEO. This enables trustees to familiarise themselves with The RISE Trust and the context within which it operates. These usually offer a vi51t to a RISE building h05ted by the CEO. This procedure follows ourTrustee Recruitment checklist, and covers: The obligation of management committee members. The mairn documents which set out the operational framework for The RISE Trust including the Trust's Memorandum and Arlicles of Association. Resourcing and Ihe current financial position as set out in the latest published accounts THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Future plans and objectives. The Commission's guide "The Essential Trustee" is distributed to oll new trustees along with the Memorandum of Association and Articles of Association and the latest accounts. During 2023-2024 The RISE Trust tendered for the new Family Hub model in Wiltshire however we were not successful and consequently our contract with Wiltshire Council ended on 3151 March 2024 and therefore we are currently in a stage of action planning. The day-to-day responsibility of the Trust's services continues to lie with the Chair of Trustees and the Chief Executive Officer. They were responsible for ensuring thot The RISE Trust delivered the services specified by Wiltshire Council commissioners and met the Local Authority key performance indicators until 31 sl March 2024. Both the Chair and the CEO continue to manage and develop The RISE Trust services that are not connected to Wiltshire Council. Public Liability insurance has been taken out to appropriately protect the company and indemnify its trustees, employees and volunteers. The arrangements for setting the pay and remuneration for all staff is done through an annual Trustee meeting. This meeting focuses on financial constraint5 and cost of living increases with regards to salaries. We follow the principles of fairness. consistency. and qualifications to annually review The RISE Trust pay scales. Fund-raising standards information At The RISE Trust our fundraising is managed through applying to grant making charities. holding sponsoredlfundraising events, being a nominated charity by local organisations and individuals, and a Just Giving page. Application5 for grant5 are written by managers of the various services - these include Mentor Me, Contact Centre. and our Youth Service Lead. Our Youth work continues to flourish across North Wiltshire for specific projects as well as our usual youth provision and we have again received on increased amount of funding from local sources, the Lottery Million Hours Fund and The Office of Police and Crime Commissioner. to facilitate this expansion. The Trust does not target members of the public for donations. and we do not use a professional fundraiser. E)uring the year 2023-2024 there have been no complaints about our fundraising. OBJECTIVES AND ACTIVITIES The RISE Trust's aims and objectives activities until 31 sl March 2024 were.. To promote general charitable purposes for the benefit of the community of North Wiltshire including Calne. Chippenham, Corsham, Cricklade, Purton, Malmesbury, Royal Wootton Bassett, Lyneham and the surrounding areas. To provide relief from financial hardship, social and/or economic disadvantage amongst its residents. To advance the education of its residents of all ages. and in particular to provide oppoitunities for the aforementioned residents to participate fully in the life of their community in ways which address and alleviate social and economic disadvantage. The trustees referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing the aims, objectives and policies as well as when planning future activities. The charitable objectives have been reviewed by staff and trustees for 2024-2025 in light of The RISE Trust no longer being commissioned by Wiltshire Council they continue lo provide a clear and demonsliable public benefit. There was no change to these objective5 during the year 2023-2024. THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT TIIE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 The main principal activities for 2023-2024 focused on a comprehensive range of family support services for those living in the catchment area of North Wiltshire. We aimed to develop close working relationships with support agencies relevant to the services offered and improve child and youth- based activities. The range of services available included= Sure Start Children's Centres One to one outreach support for families identified as 'in need" Sessions for parents to attend re: baby/ child development The RISE Pre-school @ The Oaks Courses aimed at parenting support and education Domestic abuse 5UPPOrt Youth work across North Wiltshire- detached and Safe spaces Targeted youth mentoring out of school hours Youth mentoring in secondary schools Local school links and PSA services within primary schools Volunteer mentoring services to the primary schools Family Vislting Service providing support in family homes with the help of trained volunteers Employment and debt support services and signposting for parents Family Supported Child Contact Centre Support for pre-school settings and children transitioning to schools in North Wiltshire The trustees hove paid due regard to guidance issued by the Charity Commission deciding what activities The RISE Trust should undertake. The RISE Trust has a very close relationship with the local community it serves. A steady stream of volunteers therefore offer to support and develop elements of the Services detailed above. Volunteering manifests itself in a variety of way5 - offering their time and expert15e to The RISE Trust. The trust encourages anyone who feels they have the necessary qualities to work alongside the staff to deliver our core services to apply as a volunteer. Former clients are actively encouraged to become volunteers, students and/or trainees as part of their journey back into education and employment. Our volunteering provision is highly thought of and several of our employees starled their journey off as volunteers for our 5ervice5. Volunteers receive training suitable to the service in which they are offering to support us and are fully vetted using our DBS Ucheck 5etvice. In 2023-2024 volunteers have worked with families providing the Bookstart programme, Early Words Together at Two, EPEC Parenting Programme, Mentoring in primary schools, Family Visiting Service as well as helping in our Child Contact Centre, and with Youth detached work. We encourage young people to complete work experience with the Trust and have a well-established young leaders programme within our youth work. VOLUNTEERING 'Volunteering has given me the confidence to thrive in my workplace and given me the cornfidence to attend interviews fo get into employment." "Can l just say that everything is very organised and I feel very supporled, thank you" "I love volunteering with the well-being session, if makes me feel so wholesome" The RISE Trust continues to estimate that for every £1 provided by the local authoiity in 2023-2024 we provided a minimum of £2 worth of service5 into the local community. Up until December 2023 we received £40,919 worth of volunteer hours based on the Local Authority figure of £1 0.42 per hour 1231241 the final figure was not recorded due to the cessation of county reporting. THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AND PERFORMANCE The main areas of charitabSe activity are the provision of Services that enable individuals to participate more fully in the life of their community, whilst offering a range of services to help develop skills to remove the barrier5 of social disadvantage. To all the staff at The RISE "Thank you lor everything you have ollered my family over the past 12 yearsl 11 is truly coming lo the end of an era. Wishing you all the besl for the future whatever that looks like. The RISE Tru51 15 a valuable service to so many lomilies. Keep up Ihe greol work. "I just wanl lo soy o huge Thank you to everyone al RISE, there isn'l one member of stolf Ihot hasn't made a difference lo my journey at RISE., Children's Centre5 Children's Centres were a government initiative operating nationwide for the wellbeing of the community they serve. From April 151 2024, the Family Hub model will replace Children's Centres in Wiltshire and will operate from existing council buildings. Family Hubs are centres which ensure families with children and young people aged O-19 lup to 25 years for SENDI receive early help to overcome a range of difficulties and build stronger relationships. The RISE Children's Centre5 at Spring Rise Children's Centre (Frogwell School site), Royal Wootton Bassett (Longleaze School site). and Calne (Priestley School site) closed on 31 st March 2024. However, the RISE Trust has applied for a Community Asset Transfer for The Oaks building in Chippenham so it can become our 'Community Hub, from which we will run our services including youth, mentoring, PSA, Contoct Centre and preschool. Parent feedbock lor our Children's Centre SeThkes "I would just like to soy how much my Outreach worker has supported both me and H with eilher being a listening ear or keeping me on my toes with greal courses. Going lo be sad to lose her now my little boy is getting older and moving onto school. So a big thank you for all your support il's going to be a sad one. Not only has she given me great life skills on how l am only in control of what I do and not what others do, I hove learnt a lot over the last 2 yeors and feel more confident about how lo deal wilh stuff and my children so thank you." The RISE Children's Centres were a service hub in 2023-2024 offering children under five years of age and their families seamless integrated services and information. They offered targeted provision to ensure that the most vulnerable and disadvantaged children get the Best start in Life in line with the Local Authority's Families and Children Transformation IFACTI strategy. These services included: Integrated early education and childcare, offering Eody Years provision with qualified teacher access Support for parents. including advice on parenting, child development, relationships support, health and safety. local childcare options and access to specialist services for families including SENDISS, and Early Years Inclusion Support Child and family health services, ranging from health screening and health visitor services signposting lo breastfeeding peer supporl THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT ThlE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Helping parents into work. with links to the local Jobcentre Plu5, Citizens Advice, Christians Against Poverty, Local Authority Supporting Families team, Wiltshire Family and Community Learning, Wiltshire Money. Building Bridges, volunteering and training. The community has benefitted from the wide range of service5 offered from the four buildings and other locations in the North Wiltshire community during 2023-2024 these include= Boby Steps in conjunction with hcrg and NHS health professionals Baby and Me - a six-week parenting course for new parents covering topics including wellbeing, relationships, safety, baby developmenl, health and next sleps whi15t developing social networks IA RISE Trust programmel Parents, courses a full range of courses designed to improve parenting skills. parenls understanding of child development Five to Thrive - a targeted approach for under-fives and their carers which focuses on five key aspects of parenting promoting attachment and healthy brain development Individual I:1 outreach support EPEC (Empowering Parents Empowering Communities) national programme Being a Parent Awareness Support IBAPI I '.] Young parents groups Freedom Programme (Domestic Abuse Support Awareness Cour5el Freedom Forever Programme Freedom for Children Programme Behaviour that Challenges course IA RISE Trust programmel Ready, Steady, School course for parents and children who ore transitioning into primary school IA RISE Trust programmel Book start Earty Words Together @ two Twins group Health Visitor ' Drop ins, Health Visitors possible Midwife Clinic - a clinic set up to make midwife care more acce55ible for young parents through a booking system Mum2mum Breastfeeding Support Groups via ABM a local provider Family Learning courses (including English, Maths. IT) Baby Massage an opportunity to chat and talk through child health i55ues with Health Visitor feedbuck - "It has been a pleasure to work with you oll. I have so much respecfr for the fantastic work you do with Ihe fornilies in Calne. Jhank you for olwoys being so welcoming and supportive of our HV service. SENCO feedback - Thank you to yourself and the Rise Trust for the Support you have shown the family. I think Ihis relerrol wos perfect for them and I'm so pleased that we are all working together in partnership to creole a community for such a lovely family." Preschool feedback - "Thank you so much for your time and support, as a￿ayS it is a very good chance to review and remind me about which fomilies might need more 5UPPOrt. as well as reflecling on progress we have made logether, working with you and Ihe outreach workers in your brillionl team. Achievements were reported four times a year to the Local Authority through Quarterly Monitoring meetings with our commissioner where data was shared. These were held virtually and attended by all Children's Service Lead5 alongside the CEO. Once a year the finance officer also attended to report on budgeting. The RISE Trust have a designated Data Protection Officer Ionewestl to support us wilh data protection and have recently had an external GDPR audit (March 20241 we scored 96fo which is very high and were commended by the DPO for being Sow risk in all areas of data protection. THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT TIIE RISETRUST FQR THE YEAR ENDED 31 MARCH 2024 Parental Development and Educatlon One to one outreach support was a core strand to our 2023-2024 work with families and was highly thought of by families and professionals alike. Outreach work focussed on 6 are05- parenting, child development. education/ employment and finances, health, relationships and child safety. The work began with a baseline score and then progre55 was monitored in relation to this score. Courses were also measured using the same procedure. Throughout the year of 2023-2024 data was shared with RISE trustee5 and our Wiltshire commissioner for Children's Centres. OUTREACH WORKER FEEDBACK '1 have fell very supported by my outreach worker. My life has come full circle, ond we are now on whal feels like a good path. I couldn't hove asked lor a more caring and supportive outreach worker. My baby has a more reknxed mum, and I have real￿ benefilted from all the courses suggested to me. Thonk you for everything." P￿ent "Don't know what I would have done wilhoul my ORW. l appreciated the limeswhen I didn't engage well and ORW did not give up on me" - Parent "Jvst to say the children's centre working with Ihis family has been phenomenal. You have supported A for a long lime with her twins wilh additional needs. Yov hove helped mum significon*ly to move forward in her confidence and knovledge of parenting, 5UPPOrted her inleroclions with the children, supported her around benefits and DLA, ensuring they gol oll the benefrts they needed. Mum has found you amazing and 50 SUPPOrtive. She has found you approachable and always accessible lor her. You have gone obove and beyond, helping her to access prescription5 and checking on nutrition ond referrals lor this. You have been excellent ond provided a wonderful Service." Heallh visitor "When I have been in really bad places my OR W h05 given me the lime needed. l om so much more stable and emolionalty balanced os a result and feel lile jusl goes more smoothly because ol this" - Porent "I can't pul into words what your support means lo me and the boys"_ bereaved grandmolher "Thonk you for all your sUPPOrt for the lomilies you are working with. We can see the posilive impact il has and we really enjoy working with someone who is so proactive and offers such proclical supportl"_ Famlly Nurse Procttiioner Parental development was delivered through an evidence-based parenting course in 2023-2024 entitled 'Being a parent, a national programme Empowering Parents Empowering Communities IEPECI which is an eight-week course based on experiential learning and reflection. We also ran the EPEC Baby & Us course in 2023-2024 with very positive feedbock. EPEC Baby & Us Learnlng moments... "Being more compa5sionote to myself" "Made me think more about my goals" "Everyone 15 going through the some things" 'Learnt about emotion5 and feelings" "Do what is best for you and baby" "Breathe and knowing we are both doing well" "reacting to babie5 emotions- not just hoppy emotions" "how to phr05e my feelings" & "No perfecl parent" Whal Is the most Important thlng you'll take awoy wllh yov? "confidence" & "Sharing differenl experiences" 'it's okoy if the boby does cry" "take time for myself without feeling guilty" Comments "Great covr5e with 5UPPOrtive & helplul staff leoding- we look forward to each week's classes" 'being with other mums- lovely environment for babies, great leaders on the course" "shoring experiences" &"Relaxed atmosphere" "No judgment- no wrong opprooches" THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 In addition. The RISE Trust ran mony other courses. which aimed to develop parenting skills and understanding. ' Five to Thrive, and trauma informed practice however continues to run throughout all the training and interventions we provide going into 2024-2025. We aim to teach parents about the five key elements to focus on in order to eslablish strong attachments between child and parent. Baby and Me, Behaviour that Challenges. Ready Steady School and Chat, Chill, Connect are all intervention5 Written and delivered solely by The RISE Trust. All of which show excellent progress for the participants. Ready Steody School 'Fantaslic coursel The change in all the children since starting is brillianl. Lols of new easy ski115 to provide support for the children slorting school. 'Really enjoyed this course. Very informative and helpful. Baby& Me '1 think this course wos valuable in gaining additional useful knowledge and growing in confidence in looking atter my child, helping her develop and finding a more heolthy balance between 'caring' for her and myself. The environment was very friendly and relaxed which l appreciated. 'Reolly lovely informative sessions which have drastically improved my confidence. Thank youl" Behaviour that Challenges '1 have really enjoyed learning new technique5 to notice challenging behaviour and deal with them belter and this is noticeable in M. I really enjoyed & leamed a lol that hos helped wilh M today." "My facilitotor is 50 lovely she makes il real. She gave me advice and used example5 of parenling her own children which normalised things lor me. The RISE Trust SeNices RISE Pre-schools The RISE Trust operated established RISE pre-schools from the beginning of 2023-2024 but 50dly closed The RISE Pre-school @ Frogwell (Ofsted graded 'good' 20221 in July 2023 due to the cessation of our lease and the closing of the Children's Centre in March 2024. The RISE Pre-school @ The Oaks Iofsted graded 'good' 20231 continues to be different to other pre- school settings by providing additional support and learning opportunities for parents and carer5. This serting ha5 gone from strength to strength. and we ended the year posltively with an encouraging number of children lover 251 on the books for September 2024. RISE Pre-school parent commenls '1 really appreciale all the work you have done supporting me Ihrough very difficult times and helping my children especially E while at the nursery she always loved seeing u giving u a big hug. We are all going lo miss you thank you very much for everylhing O "My child's keyworker has been the consistency of the whole preschool this year. She has been so kind and supportive to us and J Ihrough this year. She alwoys has a smile on her face and puts the kids first. She hos done some great work, working on J's emotion5 and feelings and we feel she is a reol asset lo The RISE Trusl. "Thank you all for your hard work and for giving J the best preschool experience." THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 RISE preschool provides the Early Years Foundation Stage IEYFSI curriculum for two to four-year olds. It is open every day in the school term providing an exciting place for children to learn through play- based activities enabling them to become independent learners and develop their own identity. By journeying with other children, and the ir)put and support they get from the qualified and experienced staff. children build the skills necessary to moke good progress when they move into primary school. We also use Tapestry lan online educationol assessment and observation toolkit shared with parentsl carersl to encourage parents to ensure the homes our children live in are places where learning is valued, encouraged and nurtured. Our outdoor areo was revamped by a loccl business as part of their community contributions. and we benefitted from new resources and external flooring. We believe our RISE Pre-school makes a real difference to improving children's lives. Youth Activilies and Events The RISE Trust provides detached youth servicesloutreach as well as new 'safe spaces, lindoor venues) in other areas of North Wiltshire - Chippenham, Calne, Royal Wootton Bassett, Cricklade, Purton, Malmesbury and Corsham. This service is requested by the local authority, area boards and town councils so that the young people of our community continue to receive free and welcoming support in their own towns. This free seNice provides a vital listening ear for the most vulnerable youth in our community and is highly successful. Every night of the week, all year round, our youth team are in one or more of these towns- in some towns we provide a service two or three nights a week. We are also asked to provide holiday provision by the local community engagement managers. Funding comes from Local Youth Networks ILYNI, Wiltshire Community Fund, I Will Community Foundation, UK Youth Digital and Wiltshire Council gront5. In addition, The RISE h05 been awarded Safer Streets funding in Chippenham as a result of being outsourced by Swindon Council. This is funded through the Off ice of Police Crime Commissioner and aims to reduce anti-social behaviour in the community. Following a successful bid to the Lottery we have also secured Million Hours Funding for the Hardens Ward of Chippenham and this is providing 5 hours a week support to provide more positive activities for young people and reduce anti-social behaviour. Community volunteering and support enables adults and young youth leaders from the local community to establish trusting relationships and this has been particularly evident recently as young people reach out for support for mental health, relationships, knife crime and substance misuse Our highly experienced Young People's Service Lead manages this provision with Youth Support Worker5 to support her in developing our out-of-school mentoring service. Currently 8 young people are mentored weekly usually referred to our free service by social care when cases are stepped down. This free-of-charge service is funded through the variety of grants we receive. We also provide a targeted weekly well-being group and a Year 516 group where vulnerable and less confident young people can have a voice. Our youth service prides itself with the multi-agency work that we do and during 2023-2024 have been involved in multi-agency groups (including Police/ PCSOS, Wiltshire CEMS. town councillors. Motiv8, local businesses and charities) in order to support localities where young people are causing concern and look at how we can support/ reduce these concerns. In acknowledgement of all the hard work the team does our Youth Service was awarded the Chippenham Town Council Civic award in Spring 2024. THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT TfvIE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 The RISE Trust staff and volunteers are committed to the mentol wellbeing of our young people and report to the funding bodies regularly. All staff are trained in safeguarding and safer working practices en5vring there are always two members of staff walking a pre-planned route in order to engage with the young people. Each evening, they support up to 60 youths per session through conversations and providing information and signposting them to appropriate services. The success of this scheme means we will continue to provide both detached and 'safe space, support in local buildings. The RISE Trust has also supported community events such as Christmas. PRIDE. carnival5. Colne Bike Meet and town fairs. Youth Servlce feedback Feedback from school- 'X hos thrived from mentoring with her mentor. It has made a significont difference lo and for her, and we know thot she will miss her sessions greatly. "Z has beon positive about mentoring sessions and really taken lo her mentor. She has been able lo break the ice with her morning routines and mentoring has planted posilive 'can do, seeds." Feedbock from parent$- Even though it's only his second week atlending the youth club, he absolutely love5 Ill He's excited to come back each time, and counts down the hours till we have to leave! "You guys are incredible with what you dol You're all amazing and deserve some sort of award forthe work you all dol" Feedback from young people- 'It's good herel Keeps us off the street ond out of troublel" We can come and get help and support that we need. and il gels me out the house. "It's fun here ond we get lo see all our friends and chill outi" "I have loved coming to see my mentor and it has been my mid-week pick me up. I come feeling down and fed up and leave smiling and laughing walking down Ihe corridor. I will miss coming to this and feel sod that it has come to an end." We have sole use of The Pavilion in Westmead, Chippenham for face-to-face groups when the weather is suitable and can have up to 25-30 young people per night 'drop in, for support in Chippenham. for a chat and a toastie! In other town5 we are now charged for the use of indoor sofe spaces - Royal Wootton B055ett128 young people per session), Calne125 young people per 5essionl, Purton128 young people per session), and Cricklade 115 young people per sessionl. School Llnks and Menloring The relationships with schools both primary and secondary schools continue with schools making referrals to us to engage vulnerable young people. Senior staff of The RISE Trust attend virtual local area Multi-Agency Forums IMAFS,). These are highly valued meetings, where information is shared by professionals from a variety of services. Our PSA (Parent Support Adviser) service in primary schools continues in Chippenham and also now in Devizes enabling us fo have a greater underslanding of the need5 and challenges currently facing children, young people and families. As the trust has reduced in size, we are now looking at promoting our PSA service further as well as developing our own trauma based programme for parents and children - we hope this will become a source of income revenue. 10- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Teacher PSA feedback "A is more able lo control his feelings and emotions. He is much happier leaving gron in the momings to come lo school. his focus is olso betler. 'Due to the Palchwork progromme X formed o stronger relationship with his mum. he h05 told me about playing football with her sometimes ond her being proud of him. l am oware of mum's panic whenever l ask to tolk to her so. am ensuring that X is hearing me praise his achievements to mum often. I wouldn'l have known oboul Ihis without the programme." Parent feedback My PSA hos been a great support over the pasl few weeks for me ond my family. My son has been hoving some SEN challenges in school, and she has made me feel listened to and heard with my feelings and frustralions. My PSA has been greal at helping fo join the dols belween porenls and families. The lime also spent with my 50n to make him feel heard and understood has also been fantostic. both for him and lor me. Thank you. "Thank you so much for being there this last terml You've listened, you've understood and you've made me feel like I'm not going mad! I will be forever grateful lo hove and to have had amazing people around me and Ihe kids through the good ond the bad- thonk you." The Youth Mentoring wa5 available weekly in the Chippenham secondary Schools through our youth outreach worker until June 2024. She met the young people and supported them face-to-face. Due to changes in school's funding this service has now been taken 'in-house' however we are still presenl in both secondary schools providing essential weekly lunch time pop-ins to 5UPPOrt young people during their free time and offering them a listening ear. Our Mentor Me programme was provided vio the Trust and now a successful application for Chippenham Boroughlands funding. This enables us to train and supervise volunteer mentors in many of the Chippenham primary schoo15. This year we had Mentor Me volunteers in ten primary schools, supporting 16 children over the year and the feedback gathered shows this continues to be a valued and positive scheme. During 2023-2024 we have also been commissioned to train a Mentoring coordinator in a local Multi-academy trust so they can set up a Mentor Me service in South Wiltshire. Mentor Me school feedback "Thank you for giving us the opportunily to hove support from the Mentor Me progromme.ll has been b&neficial lo so many children overthe years." "Our mentor hos been absolutely amazing. B looked lorword to seeing her each week and Ihere ha5 been a noliceable difference in B's general wellbeing. B hasn't been seeking out adulls as much in school to talk to and B's mum feels She 15 monaging her worries more effectively." "L really enjoyed Ihese sessions- il was so valuable for him to have one to one time with a Irusted odull to discuss hi5 feeling5 ond emolional response." Our current RISE services in schools demonstrate a focus on building connections and relationships, multi-agency working, through sharing of information and all-round support. This enables the children to thrive and transition positively from pre-school education into the primary school environment and then into secondary school. Therefore, we can retain the important link with The RISE Trust and its youth outreach as well as using the internal ne￿OrkIng between RISE staff that enables u5 to 'know' the families and communities very well which helps with tailoring support. This part of our work continues after105ing the Wiltshire contract and gives us many opportunities lo build on our practice and look into how we can use our remaining services for generating income into the future. THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT THÈ RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Family Visiting Servlce After much thought we decided to cease running our Family Visiting Service after March 2024 as there ore other organisations providing a similar service ond the number of families we were supporting had reduced. By doing this we could use experienced staff in our youth service instead and that is where the need has grown considerably. Famllles Together Contact Centre 'Families Together Contact Centre, was rebranded in 2021 and continues to provide a safe place for non-resident parents to have supported access to their children. Parents can self-refer or are referred to the Contact Centre by solicitors, social workers. keyworkers. and outreach workers. This service enables many parents to continue to have regular contact with their children in difficult circumstance5 where relationships have broken down. The centre operates out of The Oaks Community Hub and benefits from an outdoor space. sensory room and child friendly resources. A number of local parents and staff support the running of this seNice as trained volunteer5. This service is now very much in demond, and we are currently holding a waiting list for fomilies. Therefore. we are looking to see if this provision needs to expand. This yearwe are waiting for the portal to open to submit our application for finances through NACCC. This Is a thorough process where policies. procedures and etc are shared in order to secure the funding. Our NACCC accreditation currently runs from April 2023 to April 2026. Contact Cenlre chlld feedback - 'It's fun here - I think it is amazing. '1 like seeing daddy here" Parent feedback- "The facilities are so much betler than the last contact centre I visited- thank you for taking the time to show me round and reassure me that Ihis will be a safe place to be." THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT TNE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW The Statement of Financial Activities shows that The RISE Trust had a deficit of £17,95312022-23 surplus £1,395). The deficit is mainly due to having to spend the majority of the Children's Cenlre rollover due to the contract not continuing and the increased costs of salaries and goods and services. At the end of Ihe financial year the balance of both the unrestricted and restricted fund5 totalled £686,71512022-23 £704,668). Summa of Restrlcled and Unrestrlcted Funds Un-Restricled Funds General Fund RISE Pre-school @ s rin RISE Pre-school @ The Oaks Investment Fund for Pre-school. Contact, Youth & Mentor Me Project develo ment Schools Fund- PSA sup ort in primary schools Youth Work- in school mentorin seconda 473,747 5,000 110,473 15,633 8,530 Total of Unrestricted (including Designated) Funds 613,383 Restrlcted Funds The RISE Children's Centre's Child Contact Centre Pro ect- miscellaneous restricted ro ect5 Youth Work- Youth Clubs restricted income 2,965 4,530 8.464 57,373 Total of Rethlcted Funds 73,332 TOTAL FUNDS 0.47. .0.77. 10.2% 3.57. Children5 Centre5 Pre-schools Investment Reslricled ProvisK)rns & Projects Generol Unreslricled Provisions & Projects THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 PRINCIPAL FUNDING SOURCES/ INCOME The principal funding source for The RISE Trust was the contract for the provision of the Children's Centre services with Wiltshire Council (North Wiltshirel,. this represents 62.8%12022-23 63.4%) of the total income. This restricted income can only be spent on service5 to the under-fives through the Children's Centre Contract. other funding was generated from grants. donations from agencies and individuals, and session fees. TOTAL INCOME 4.2Y. 3.3Y. 15.1% 62.87. Local Authority - Childrens Centres Childcare in Pre-schools Provi510nS Projecls Voluntary Reserves The General Fund, representing approximately £473,74712022-23 £376,244) of the balance of fund5 ha5 no legal restrictions on its use which is available for the charitable purposes of The RISE Trust. The RISE Trust total funds are £686,715, of which £73.332 are restricted. Our designated funds Iless the General fund) total £139,636. Following guidance from the Charities Commission in our last reporl we explained we aimed to have six months of total expenditure costs based on the period April - June 2023. However, due to the loss of the Children's Centre contract our aim now is to hove twelve months of core salaries and overheads in reserve which we estimate would be around £230,000. In April 2024 the trustees have decided to move the investment fund into the general fund. We also continue to explore and apply for funding bid5 to support the charity so it can ensure its sustainability. In light of the loss of the Wiltshire Council Contract we are action planning for securing additional funding streams to ensure that 'The RISE Trust Services can continue to be delivered. The Trustees have taken into account the level of free reserves necessary to cover the following potential risks.. Failure to achieve necessary fundraising targets; Future significant pioject deficits- Cashflow requirement necessary to fund the ongoing, planned operating deficits; An event having a major negative reputational effect on The RISE Trust. bl dl THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Without a sufficient level of free reserves to cover the financial impact of the factors listed above. the ability lo safeguard our charitable works would be rapidly weakened and could lead to the cessation and withdrawal of RISE Trust services. As a Christian Charity our long-term mission is to support our communities. children, young people and families. Therefore, we require an appropriate level of freely available reserves in order to maintain financial stability. Princlpal risks and uncertainties The trustees have assessed the major risks to which The RISE Trust is exposed and continue to plan those systems to mitigate exposure to the major risks. The Trust has an up-to-date operational risk register in place written in conjunction with senior managers. the Finance Officer and trustees which includes a focus on our youth service. our early years, setting and other services. The key challenges for 2024-2025 will be: Securing additional funding to achieve our new aims. Managing and developing The RISE Trust service5 $0 they can operate as stand-alone services ensuring we continue to provide high quality services to children and families. Retention of current staff during uncertainty and recruitment of new staff. Continuing to maintain the highest professional 51andards to ensure the security and safety for all who come in contact with The RISE Trust. Managing the impact of the increosed minimum wage and the impact it has had on our pay scales. Budgeting to take into account the impact of the rise in the cost of living and fuel charges/ utility costs. The Trustees and senior management are proactive and collaborative and work closely with the CEO and Senior Leadership Team to address and mitigate these challenges through: Identifying new sources of income generation for RISE services. Detailed planning for The RISE Trust to continue services including budgets, service charges. contract renewals, staffing structure, expansion of services. Diligent budgeting and efficient use of resources/ sites/ venues acr055 all RISE services. Effective management of staff and recruitment, including reviewing roles and responsibilities regularly. Maintaining a Trustee Board that ensures a wide range of skills/ experience. Further risk assessments will be carried out as and when necessary. as the Trust analyses its activities and areas of potential risk. The RISE Trust's Risk Register is reviewed annually. Investment Pollcy Whi15t retaining a small amount for day-to-day transactions in the bank's current account. any surplus funds are currently held in a reserve account which attracts a small amount of interest. The present levels of Trusts funds do not warrant any long-term investment planning,. however, this will be kept under review to ensure best investment practice is achieved. Donations from Trustees In 2022-23 we received a total of £80.0012022-23 - £2401 in donations from trustees. THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEE5' REPORT RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Plans for the fvtvre The RISE staff and truslees have now reviewed our aims for 2024-25 and they are: To promote our charitable purposes founded on inclusive Christian values for the benefit of the RISE Trust community in ways which address and alleviate social and economic disadvantage for people from all faiths and backgrounds. To serve as a hub that supports children and young people up to the age of 19 years125 years for SENDI in our community by offering advice, assistance and organi5ing programmes of physical. educational and other activities To promote the progress of children. young people and their families by developing and enhancing their skills, capacities and capabilities To enable and empower everyone in our community to successfully participate in society as hoppy, independent. well-rounded and responsible individuals The RISE Trust plans to: identify new sources of income generation for RISE services build on our vast experience of delivering services across the O-19 age range (to 25 years for SENDI continue the services Ipreviously 'provisions'l outlined in thi5 report develop new and exciling community links Wlth local service providers in Wiltshire and beyond share our expertise with partner agencies Support advisors and our Contact Centre have plans to embed our expanded youth services investigate working collaboratively with schools to develop parental support and mentoring oppoitunities support children, young people and families impacted by the rise in the cost of living, the impact of poor mental health and wellbeing. and relationship conflict. mentoring services, youth provision, parent THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT FHE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees (who are also the directors of The RISE Trust for the purposes of company lawl are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company ond of the incoming resources and application of resource5, including the income and expenditure. of the charitable company for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charity SORP.. make judgements and estimates that are reasonable and prudent,. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy af any time the financial position of the charitable company and to enable them to ensure that the financial Statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant audit information of which the charitable company's auditors are unaware,. and the trustees have token all steps that they ought to hove taken to make themselves oware of any relevant audit information and to establish that the auditors are aware of that information. AUDITORS The auditor5, Sumer Auditco Limited, may be proposed for re-appointment at the forthcoming Annual General Meeting. Approved by order of the board of trustees on by: and signed on its behalf C Hayes- Ch r of Trustees THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE RISE TRUST rHE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Opinion We have audited the financial statements of The RISE Trust Ithe 'charitable company'l for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Bolance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation 15 opplicable law and United Kingdom Accounling Standards Iunited Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the slate of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standard5 are further described in the Auditors, responsibilitie5 for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions ielating to golng concern In auditing the financial statements, we have concluded that the tru5tees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identitied any malerial uncertainties relating to events or conditions that. individually or colleclively. may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statement5 are authorised for issue. Ourre5pon5ibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of Ihis report. other information The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the finar)cial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audil or othetwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, k)ased on the work we have performed, we conclude that there is a material misstatement of this Other information. we are required to report that fact. We have nothing to report in this regard. THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE RISE TRUST RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Oplnlons on othei mattels prescrlbed by the Companles Act 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial slatement5.' and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on which we are required lo report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have nol been kept or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures of trustees, remuneration specified by law ore not made: or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to take advantage of the smoll companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Responslblllties of trustees As explained more fully in the Statement of Trustee5' Responsibilities, the trustee5 (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is nece55ary to enable the preparation of financial statements that are free from material misslatement, whether due to fraud or error. In preparing the financial statement5, the trustees are responsible for assessing the charitable company's ability to continue as a going concern. disclosing, as applicable. matters related to going concern and using the going concern basis of accounting unless the trustees either intend lo liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Our responsibilities tor the audil of the financlal statements Our objective5 are to obtain reasonable assurance about whether the financial sfatements as a whole are free from material misstatement, whether due to fraud or error, and to Issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but Is not a guarantee thal an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting iriegularities, including fraud is detailed below.. 19 THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE RISE TRUST TklE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 Based on our understanding of the charity and the provision of children seNices, we identified that the principal risks of non-compliance with law5 and regulations related to Ofsted. safeguarding, health and safety, employment law, Companies Act 2006 and Charity Law, and we considered the extent to which non-compliar)ce might have a material effect on the financial statements of the charity. We also considered those law5 and regulations that have a direct impact on the preparation of the finoncial statements such as the Companies Act 2006 and the Charities Statement of Recommended Practice. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to revenue recognition, management override. and potential lack of segregation of duties. Audit procedures performed by the audit engagement team included: discussions with management, including consideration of known or suspected instance5 of non-compliance with laws and regulations and fraud," understanding and review of management's internal controls designed to prevent and detect irregularities, and fraud; review of the minutes of the Trustees meetings: designing audit procedures to incorporate unpredictability: performing analytical procedures to identify any unusual or unexpected relationships that might indicate risks of material misstatement due to fraud.. review of the financial statement5 disclosures and testing to supporting documentation lo assess compliance with relevant laws and regulations discussed above., enquiring of management obout actual and potential litigation and claims; testing transactions entered into outside of the normal course of the charity's business,. and identifying and testing journal entries, in particular any journal entries with fraud choracferi5tics such as journals with round numbeis. There are inherent limitations in the audit procedures described above and the further removed non- compliance with laws and regulations is from the events and the transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of nol detecting one resulling from error. as fraud may involve deliberate concealment by. for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilitie5 for the audit of the financial statement5 is located on the Financial Reporting Council's website at www.frc.org.uklouditorsresponsibilitie5. This description forms part of our Report of Ihe Independent Auditors. Use of our ieport This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body. for our audit work. for this report, or for the opinions we have formed. James Gare Isenior Statutory Auditor) for and on behalf of Sumer Auditco Limited statutory Auditors Hermes House, Fire Fly Avenue Swindon. Wiltshire, SN2 2GA Date: . /:./ 2¢....... -20- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donation5 and legacies 18.870 82,314 101,184 91,505 Charilable activities Children Centres and other activities 210,548 869,964 1,080,512 1,101,438 Investment income 11.147 3,344 Total 240,565 952,278 1,192,843 1,196,287 EXPENDITURE ON Charitable actlvltles Children Centres and other activities 187.166 1.023,630 1,210,796 1,194.892 NET INCOME/(EXPENDITURE) 53.399 171,3521 117,9531 1.395 RECONCILIATION OF FUNDS Total funds brought forward 559,984 144,684 704.668 703,273 TOTAL FUNDS CARRIED FORWARD 613,383 73,332 686,715 704,668 The notes form parl of these financial statements 21 THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET REGISTERED COMPANY NUMBER: 05662408 (Englond and Woles) AT 31 MARCH 2024 THE RISETRUST 2024 2023 Note5 CURRENT ASSETS Debtors Cash at bank and in hand 3,097 726,676 11.993 735,547 729,773 747,540 CREDITORS Amounts falling due within one year 15 143.0581 142,8721 NET CURRENT ASSETS 686,715 704,668 TOTAL ASSETS LESS CURRENT LIABILITIES 686,715 704,668 NET ASSETS 686,715 704,668 FUNDS Unrestricted funds Restricted funds 18 613,383 73,332 559,984 144,684 TOTAL FUNDS 686,715 704,668 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees on were signed on its behalf by.. 24.Se,:..k.-..&., ?o.?.Ik.. and CHayes-C ir of Trustees The notes torm part of these financial statements 22- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) CASH FLOW STATEMENT THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operotions 21 20,0181 13,4051 Net cash used in operating activities 20.0181 13.4051 Cash flows from Investing aclivities Interest received 11,147 3,344 Net cash provided by investing activities 11,147 3,344 Change in cash and cash equlvalents In Ihe reportlng period Cash and cash equivalents at the beginning of the ieporting perlod 18,8711 110.0611 735,547 745,608 Cash and cash equlvolents at the end of the reporting period 726,676 735,547 The notes form part of these financial 5tatemenfs -23- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 STATUTORY INFORMATION The RISE Trust Is a company limited by guarantee. without share capital. registered in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 O per member of the charity. The charity's registration number and registered office address can be found in the trustees, report. ACCOUNTING POLICIES Basis of preparing the financlal statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charitie5: Stotement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting standard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial stotements have been prepared under the historical cost convention. The financial statements are prepared on a going concern basis under the historical cost convention. modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound. There are no significant areas of judgement5 or key sources of estimation uncertainty. Going concern The RISE Trust was unsucce55ful in it5 bid for the Family Hub Contract during the year. Post year end the main services The RISE Trust Is delivering are Pre-school, Youth. Parent Support Advisor, Contact Centre and Mentor-me. The loss of the Family Hub Contract hos resulted in a reduction in income and while measures have been taken to reduce costs there is currently a significant gap be￿een income and expenditure. The trustees and senior management team are action planning for securing additional funding Streams to ensure that its services can continue to be delivered. They have prepared budgets and cashflows for a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the charitable company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties about the charitable company's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements. Income All income is recognised in the Statement of Financial ActIvit￿eS once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance condition5 attached fo the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notificafion of the interest paid or payable by the bank. -24- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS TtrIE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES . continued Donated goods and services Where material, donated goods and services are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP IFRS 1021, the general volunteer time is not recognised and refer to the trustee5' annual report for more information aboul their contribution. On receipt, where material, donated goods and services are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market: a corresponding amount IS then recognised in expenditure in the period of receipt. The charity also receives request5 for goods from parents. The charity obtains these freely from other organisations and distributes them freely to the beneficiaries. These item5 are not recognised as income or expenditure in the charily's financial statements. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to thot expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on o basis consistent with the use of resources. Irrecoverable VAT is charged against the expenditure heading for which it was incurred. Redundancyllermination paymenls Termination benefits are measured at the best estimate of the expenditure required to settle the obligation at the reporting date. If the expected settlement date of the termination payments is 12 months or more after making the provision and the effect would be material, the present value of the obligation is calculated using an appropriate discount rate. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each 055et over its estimated useful life. Fixtures, fittings & equipment Computer & phone equipment straight line over 3 years straight line over 3 years Assets Costing below £1,000 are not capitalised by the charity, Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. -25- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - contlnued Cash at bank and in hand Cash at bank and cash in hand includes cash and shorf term highly liquid investments Wlth a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors and provisions Credilors and provisions are recognised where Ihe charity has a present obligation resulting from a past event that will probably result in the transfer of fund5 to o third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Flnanclal Instruments The charity only has financial assets ond financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initiolly recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interesl method. Taxalion The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-reliremenl benefits The charitable company operates a defined contribution pension scheme. Contributions payoble to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Flnanclal rfsk management The charity has minimal exposure to customer credit risk, liquidity risk and market risk. Please refer to the trustees annual report for information on how risks are managed. 26- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 DONATIONS AND LEGACIES 2024 2023 Grants and donations by agencies Gift aid Donations by individuals 95.158 957 5,069 83,501 1,302 6,702 101,184 91,505 The charity benefits greatly from the time and expertise of its many volunteer5, details of which are given in the trustees, report. In accordance with FRSI 02 and the Charities SORP IFRSI 021, the economic contribution of volunteers is not recognised in the accounts. INVESTMENT INCOME 2024 2023 Deposit account interest 11,147 3,344 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Actlvlty Children Centres and other activities Wiltshire Council and other service contracts Activily session fees 909,483 902.639 Children Centres and other activities 171,029 198.799 1,080,512 1.101,438 Government Grant Income: 2024 2023 Wiltshire County Council 792,039 794,296 There were no unfulfilled conditions or other contingencies attached to these grants. The charity ha5 not directly benefited from any other forms of government assistance. CHARITABLE ACTIVITIES COSTS Direct costs Support cost5 Isee note 71 Isee note 81 Totals Children Cenfres and other activities 1,028,426 182,370 1,210,796 -27- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 staff costs Rent, Rates, utilities and phone/internet staff expenses Volunteers, expenses Recruitment and training Goods and services, and room hire Equipment Consumable5 808,086 100.230 17,753 2,462 5.993 63.361 10,872 19,669 808,096 104,701 15,940 1,598 5,743 41,216 23,411 24,278 1,028,426 1,024,983 SUPPORT COSTS Management and Governance Finance costs Totals Children Centres and other activities 172,170 10.200 182.370 Support costs, included in the above, ore as follows: Management and Finance 2024 2023 Wages Social security Pensions Payroll and accountancy services HR services IT support Bank chorges Insurance Other fees 127,715 12,601 4,487 2,798 4,795 11.059 1,033 6,946 736 117.288 11.752 5,122 2,291 4,016 13.759 777 5,712 160 172.170 160.877 Governance costs 2024 2023 Auditors, remuneration 10,200 9,032 -28- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 NET INCOMEI(EXPENDITURE) Net income/lexpenditurel is stated after charging/lcreditingl: 2024 2023 Auditors, remuneration Operating lease rentals- land & buildings 10,200 32,950 9,032 32,950 10. TRUSTEES, REMUNERATION AND BENEFITS There were no trustee5' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trussees. expense5 paid forthe year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS 2024 2023 Wages and salarie5 Social Security costs other pension costs 870,243 50,740 31.906 856.777 52,986 32,495 952,889 942,258 The average monthly number of employees during the year was as follows: 2024 2023 Manager Teacher Finance and administration Cleaning ond catering Outreach Playworker and family practitioner Youth Worker 15 10 57 58 No employees received emoluments in excess of £60.000. The number of full time equivalent staff were 3212023- 351. The main key management personnel of the charity comprise the trustees. the Chief Executive Officerand the finance officer. The total employee benefits of the key management personnel of the chority were £107,71412023'. £98.9451. -29- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 24,845 66,660 91,505 Charltable activities Children Centres and other activities 241,057 860,381 1,101,438 Investment income 3,344 3,344 Total 269,246 927.041 1.196,287 EXPENDITURE ON Charitable activities Children Centres and other activities 230,833 964,059 1.194,892 NET INCOME I(EXPENDITURE) 38.413 137.0181 1,395 Transfers between funds 213 Nel movement in funds 38,626 137,2311 1.395 RECONCILIATION OF FUNDS Total funds brought forward 521,358 181,915 703.273 TOTAL FUNDS CARRIED FORWARD 559,984 144,684 704,668 THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 13. TANGIBLE FIXED ASSETS Fixtures, Computer fittings & & phone equipment equipment Totals COST At l April 2023 Disposals 31,071 131.0711 45,199 138,6761 76,270 169,7471 At 31 March 2024 6,523 6.523 DEPRECIATION At l April 2023 Eliminated on di5P0501 31,071 131,0711 45,199 138.6761 76.270 69,7471 At 31 March 2024 6.523 6,523 NET BOOK VALUE At 31 March 2024 At 31 March 2023 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors Prepayments and accrued income 2,057 808 232 8,570 870 2,553 3,097 11,993 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Social security and other taxes other creditors Accrued expenses 8.321 12.170 8,822 13,745 18,388 10.982 2.048 11,454 43,058 42,872 31 THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 16. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: 2024 2023 Within one year 8,238 8.238 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Current assets Current liabilities 617,278 112,495 39,1631 729,773 43.0581 747,540 42,8721 613,383 73,332 686,715 704,668 -32- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTE5 TO THE FINANCIAL STATEMENTS RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS Net At 01.04.23 movement in funds Transfers between At 31.03.24 funds Unrestricted funds General fund RISE Pre-school @ Spring RISE Pre-school @ The Oaks Investment Fund Schools Fund Youth Work Mentoring 376,244 12.312 43,222 5,760 41.209 138,9861 2,168 26 54,281 118,0721 136,2091 473.747 5.000 110,473 15,633 8,530 149.459 13.465 8.504 559,984 53,399 613,383 Restrlcted funds The RISE Children's Centre's Families Together- Child Contact Centre Project fund Youth Work 61,489 4,845 158.5241 13151 2,965 4,530 38,849 39,501 130,3851 17,872 8,464 57,373 144,684 171,3521 73,332 TOTAL FUNDS 704,668 17,9531 686,715 -33- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS rHE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS - continued Net movement in fund5, included in the above are as follows.. Incoming resources Resources Movement expended in funds U nrestricted funds General fund RISE Pre-school @ Spring RISE Pre-school @ The Oaks Investment Fund Schools Fund Youth Work Mentoring 39,550 36,565 137,296 3.672 130,8051 196,0871 138,9861 111,3461 13,614 43,222 5,760 41,209 138,9861 2,168 26 13,514 13,640 240,565 1187,1661 53.399 Restricted funds The RISE Children'5 Centre'5 Families Together- Child Contact Centre Project fund Youth Work 749.133 3,839 50,177 149.129 1807.6571 14,1541 180,5621 131,2571 158,5241 13151 130.3851 17,872 952.278 11.023,6301 171 ,3521 TOTAL FUNDS 1,192,843 1.210,7961 17,9531 34- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS - contlnued Comparative5 for movement In funds Net At 01.04.22 movement in funds Transfers between At 31.03.23 funds Unreslricted funds Generol fund RISE Pre-school @ Spring RISE Pre-school @ Little Saints RISE Pre-school @ The Oaks Investment Fund Schools Fund Wraparound Care Youth Work Mentoring 332.833 43,411 12,312 11.0291 20,760 136,9781 1,036 376.244 12.312 1,029 120,7601 24,444 161.993 12,429 4,500 9,603 149.459 13.465 14,5001 1,099 8.504 521,358 38,413 213 559,984 Restricted funds The RISE Children's Centre's Families Together- Child Contact Centre Project fund Wraparound Care Youth Work 99,235 2,810 137,7461 14171 61.489 4,845 2,452 44,127 404 35,339 13,0171 12,261} 14041 38.849 4,162 39.501 181,915 137.0181 12131 144,684 TOTAL FUNDS 703,273 1,395 704,668 -35- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS - contlnued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources Movement expended in funds Unrestricted funds General fund RISE Pre-school @ Spring RISE Pre-school @ Little Saints RISE Pre-school @ The Oaks Investment Fund Schools Fund Youth Work Mentoring 39,794 80,053 16.789 107,680 3,617 167,7411 117.8181 186.9201 136,9781 111,3661 13,627 43,411 12.312 11,0291 20,760 136,9781 1.036 1,099 12,402 12,528 269.246 1230.8331 38,413 Restricted funds The RISE Children's Centre's Families Together- Child Contact Centre Project fund Youth Work 758,990 3,540 50,999 113,512 1796.7361 13,9571 154,0161 109,3501 137,7461 14171 13,0171 4.162 927.041 1964,0591 137.0181 TOTAL FUNDS 1,196,287 1,194.8921 1,395 -36- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS THE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS - continued Restrictèd Funds The RISE Children's Centre This fund is for the income and expenditure in respect of our contract with Wiltshire Council to run Children's Centre Services in within Chippenham. Corsham. Malmesbury. Calne, Cricklode and Royal Wootton Bassett. Currently the services are provided within these communitie5 and the Children's Centre buildings at Frogwell, and The Oaks in Chippenhom 05 well Calne. and Royal Wootton Bassett. Families To efher- Child Contact Centre This fund is for the provision of the Chippenham Contact Centre. Pro'ect Fund This fund represents miscellaneous restricted projects. Youth Work This fund represents grants to run Youth Clubs in the evenings and during the holidays. and covers all running costs including the Youth Worker salary. Deslgnated Funds RISE Pre-school @ s rin This fund is for the purpose of managing our pre-school provision based at Frogwell. R15E Pre-school @ The Oaks This fund is for the purpose of managing our pre-school provision based at The Oaks. Investment Fund This fund is held specifically for the development of all our RISE Pre-schools and the potential expansion of our Early Years service, along with our Child Contact Centre Service. Youth Mentoring, Family Visiting Service, Mentor-me Project and exploring using this for match funding bids that support the above. Schools Fund This fund is to provide Parent Support Advisors and Forest Schools Services at local primary 5chool5. Youth Work Thi5 fund is for our Youth Work Mentoring and Support Service within local secondary schools. 37- THE RISE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS TNE RISETRUST FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS - continued Transfers belween fund5 The following transfers took place during the year: Transfer from RISE Pre-school @ The Oaks RISE Pre-school @ Spring General Fund Transfer to General Fund Amount Reason £36,209 Surplus transfer £18,072 Surplus transfer PENSION COMMITMENTS The charity operates a defined contribution pension scheme. The costs for the period was £31,906 12023: £32,495). Contributions totalling £6,495 12023.. £nill were outstanding al the balance sheet date. 20. RELATED PARTY DISCLOSURES Donations from trustees totalled £8012023: £2401. There were no other related party transactions during the year nor the prior year. 21. RECONCILIATION OF NET INCOME/(EXPENDITURE} TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net Income/expendllure for the reportlng period (as per the stalemenl ol financial activities) Adjustments for: Interest received Ilncreasel/decrease in debtors Decrease in creditors 117.9531 1,395 111 1471 8,896 186 13,3441 13,2321 Net cash provided by operating aclivltles 20,0181 13,4051 22. ANALYSIS OF CHANGES IN NET FUNDS At 01.04.23 Cash flow At 31.03.24 Net cash Cash at bank and in hand 735,547 726,676 735.547 8,871 726,676 Tolal 735.547 726,676 -38-