RISE:61 IA Charltable Incorporated Organls*lonl REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Charity Number: 1158086
RISE:61 CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Page Charity Information Report of the Trustees Independent Examiner's Report 14 Statement of Financial Artivities 15 Balance Sheet 16 Statement of Cash Flow5 17 Notes to the F5nanclal Statements 18
RISE:61 CHARITY INFORMATION FOR THE YEAR ENDED 31 AUGUST2024 BOARD OF TRUSTEES: Danielle Malone Andy Malcolm Elizabeth Pollard Dr Laura Buckley Rowan Kikke Shannon Mears James Melville Sophie Stokes Ichair of Trusteesl- appointed 16 May 2024 resigned 10 April 2025 - appointed 12 September 2024 SENIOR MANAGEMENT.. Robin Imeson Mike Partridge IDirectorl IHead of Operations) PRINCIPAL ADDRESS- St Michael's Communily Centre St Michael's Road Salisbury SP2 9LE CHARITY NUMBER: 1158086 INDEPENDENT EXAMINER: N D Jones FCCA Fawcetts LLP Chartered Accountant5 Windover House St Ann Street Salisbury SPI 20R BANKERS.. The Co-operative Bank 61 Above Bar Street Southampton S014 7DZ Kingdom Bank Ltd Media House Padge Road Beeston Nottingharn NG9 2RS
RISE:61 Message from our Director August 2024 marks the 1 Oth year that Rise.'61 has been serving the community of Bemerton Heath and the 15th year since I moved onto the estate and started doing voluntary youth work. It marks a significant milestone for us and we've used it to reflect on ourwork to date and dream with our community about what's possible in the years ahead. This has led us to revise our strategy and this report is written i n light of this. As everwe are continuing to balance between the'depth, of ourwork through building long-term, trusting relationships with individuals, and the 'breadth' by making sure we are creating community through running groups and events that bring lots of people together and create connections through shared interests. And 2023124 has been so much funl It's been incredible to see the amount of creative and engaging activities our brilliant staff team have laid on for young people throughout the year. As well as all the exciting trips and residentials off the estate where young people have made memories that will last a lifetime. I get to join in the fun sometimes too and my highlights, include two summer trips campin8 trip5 where youn8 people 8Ot to sleep under the stars for the first timel It hasn't all been fun though and I've also been grateful forthe wonderful support our staff team and volunteers have given lots of young people, and often their families as well, when they have been going through some really tough life events and crises. It has literally been life saving and they've gone above and beyond what we've asked of them. Many thanks to them and to all our generous funders and donors for making this life changing work possible. Robin Imeson Director, Rise.'61 Rlj_E:
Our way of working Rise.'61 is a youth charity serving the estate of Bemerton Heath, Salisbury which is in the top 20% of most deprived wards in England and has the highest child poverty rate across Swindon & Wiltshire. with more than 40% of children living in poverty once housing costs are taken into consideration (Wiltshire Community Foundation, 2023). Since 2014 we've been journeying alongside young people and their families on the estate, providing support and opportunities that will see them thrive. Our vision: A better Bemerton for all. Our mission: We journey with people, creating spaces where community thrives Our approach: Place based - our focus is on the Bemerton Heath community, vvhere we take a collaborative, long-term approach to addressing its unique needs. All our delivery staff live and work on the estate, knowing it's challenges and strengths from the inside out. Trauma informed - protective and compensatory experiences (PACES) play a crucial role in shapingyoung people's health and development, serving as a buffer against the harmful effects of adverse childhood experiences. We create as many opportunities as possible for young people to engage with PACE'S through our work. Relational - at the heart of our work are trusted, long-term relationships, which serve as the foundation for meaningful change. We view wellbeing through this relational perspective, striving to positively impact an ind ividual's relationsh ip with their body, m ind, others, their spiritual health, future and environment. Strength based - we focus on improving physical spaces and investing in the development of both individuals and relationships within our community. We connect people to create kind, self-sustaining groups, knowing that a better Bemerton Heath will only be truly achieved when local residents take the lead in creating a neighbourhood where everyone can flourish. Our ethos: As a charity with a Christian ethos, our work is inspired by our faith and designed to serve all sections of our diverse community.
Our Work Our projects and programmes are driven bythe needs and passions of our community. In 2023124 we supported 160 children and young people and over 500 local residents. We worked with 26 volunteers and over 25 local partners. Our Delivery Programmes Engaging people- build community and strengthen health and wellbeing through a range of accessible activities where children, young people and their families can make friends, have fun and access support where needed. Developing people- improve the confidence, skills and the health and wellbeing of children, young people and their families through in-depth support, training and development opportunities that will see them thrive. Future Prospects - give young people hope for their future by offering a variety of practical opportunities and support to help them succeed in learning and work. rEn mm Facilities & Environment- improve the quality and range of community facilitie5 that children, young people and their families have access to on their doorstep. Operations & Governance - build organisational excellence to better serve our community.
Engaglng people Build community and strengthen health and wellbeing through a range of accessible activities where children, young people and their families can make friends, have fun and acce55 SUPPOrt where needed. Total engaged - 130 young people and 300 local residents In response to feedback, we launched two weekly drop-ins for young people, giving them a safe space to be, make friends and access support from our youth workers. These have been well received engaging with on average 20 young people each week and we will be expanding this offer in the years to come. We continued to run our weekly bike, active and creative clubs and took groups of young people on 9 trips through this, including Monkey World, Climbing, Dorset Adventure Park, Mountain Biking and Camping. 'This a lot offun and (7great escapefrom beingstuck indoors"_ T, Bike Club trip. We continue to work alongside partners to a551St in the deliver of Doorsteps Sports Club and a youth group to further strengthen the provision of youth work on the estate. We created space5 for young people to explore faith through our weekly life group. We meet to eat together, play games and those interested can stay on for the last 15 minutes to explore faith and Christianity. For those young people that did, 100% had increased compa55ion, 70% had an improved view of Christianity, and 60% improved self worth. We worked with partners, volunteers and our young leaders to deliver three community events that engaged between 150-250 local people each time. At the Christmas and Easter event we also shared a short message explaining the Christmas and Easter stories. We also supported a partner led event, running a youth dropin as part of this. 84% young people said Rise:61 felt like a familyto themlsomehwere you feel appreciated and belong) 'Because theyre always there to help, no matter what and includeyou like yourfamily- 501¥0 young people had made more than 4 friends at Rise:61 'Its a great place to meet newfriends and easy to talk to the people who run it Over 6 months young people's shared that as a result of our work . 8896 happier with life as a whole 75% more physically active 69% improved mental health Over the past year parents shared that they've noticed a number of changes in their young person, including increased mental and physical health, confidence and their ability to get along with others. "Gives me peace of mind and makes me happy that that he has a group outside of home and school to socialise with and leornfrom." Parent
Developlng People Improve the confidence, skills and the health and wellbeing of children, young people and their families through in-depth support, training and development opportunities that will see them thrive. Total supported - 24 young people, 80 local residents, 26 volunteers We've provided 1..1 mentoring to 13 young people over the year, typically meeting fortnightly. Through this we've supported young people to engage with CAMHS, report cases of historical abuse, liaise with police, navigate bereavement and find new accommodation after family breakdown. 9 young leaders were volunteering regularly at our clubs and activities. Thelve also met regularly to shape the plans for the youth facility and to ensure youth voice is at the heart of ourwork. 26 adult volunteers gave up their time and skills to invest in this community, helping at events, weekly clubs or activites. This includes a group from America who wanted to volunteer and learn more about our work so they could do something similar in their context. Volunteers shared that being part of Rise.'61 had improved their sense of belonging, social connections and how they relate to young people. "Ifeel connected to the community, andfeel part of Something that 15 making a differencelllvolunteer We ran a Craft Fair on the estate in November giving local young people and businesses the opportunities to build connections and sell their products. Around 55 local residents attended. In the words of one seller 'Got me out of myflat and meeting newpeople and a real confidence boost about my embroidery." For young people who wanted to explore Christianity further we took a younger group camping to the Dorset Coast and an older8roup to the Big Church Festival. We also supported a couple of young people to join in the local churches summer youth trip. We completed 20 foodbank referrals and gave out £3,300 in small hardship grants to meet urgent practical needs in our community, alongside signposting them to further support. All the families we've supported are known to us, so any small amounts of funding given is from the context of relationsh ip. 7896 young people said someone in Rise:61 was a trusted adult who they could reach out to for support. "Communication to me about how hesfeeling has improved, how he interacts with adults, his confidence is shining through" Parent "Thinking ofyoung people who have been bereaved the impact has been huge. We have a number ofyoung people who have lost o parent and the extensive supportyou have offered has been of great comfort to them,. the memory boxes and planting of memorial tree5 ha5 offered a service I don't know vwould be avoilablefrom any other locol agency. Pastoral Lead, Local School.
Future Prospects Give young people hope for their future by offering a variety of practical opportunities and support to help them succeed in learning and work Total engaged - 62 young people Through our mentoring we supported 13 young people with their engagement with education and learning and 4 young people with their employment prospects, helping with job applications, interview practice and navigating challenges in the workplace. As an approved provider on Wiltshire Council's Alterative Provision Network, we provided 427 alternative education sessions to 49 young people struggling in mainstream education. Young people learnt to fix bikes, develop creative design skills and got more active. Through this 13 young people achieved a total of 34 AQA awards. In the words of a local teacher who referred a young person to us- 'Thanks againfor everything. We are having such a break through with her and the love you have shown her has really helped her to trust people and be brove enough to try something new." "He loves coming here, he alway5 comes home beaming. He's a lot more positive. We've managed to get him to do homework." Mum of AP student Alternative Provision Manager at a local secondary school shared "Students clearly enjoy the activities that are offered but alongside that staff show a genuine interest in their lives and well- being. Studentsfeel nurtured and appreciated and because of this developing trust they open up to Staff. Students are pleased to be offered support in their day to day lives. As every student is unique the work done by Rise is bespoke and sensitively managed. One student said, since going to Rise and working with staff there Ifeel much more confident, more comfort(7ble speaking to other people and better in biggroups. I have a150 learnt a lot about myself,
Grace's story We spoke to Grace in July 2024 to learn about her experiences with Rise:61. Click on the QR code to watch her video or there's some excerpts below. Why did you get involved with Creative Club?"Always had this desire for arts and crafts, so it's perfect for me" What keeps you coming back?"Having time to do like art, and be who I can be, I mean I know I can be who I can be here like I I know everyone, I get on vvith everyone, and it's fun we can have laughs andjokes" What made you get involved with Rise:61 stufP"Being able to create new friendships, hang out with new people, have a space where you can play games, do lots of arts and crafts and what not." What do you value most? Iyhe leaders being able to takejokes, like being able to relate to things, and being able to have, not friendships, but good bonds with the leaders." What does this place. having these opportunities mean to you? Means a lot, it's fun, you get on with l iterally everyone and the food is 800d. What do you think you would get up to without Ri5e:61?"Sit in bed on my phone Scan the QR code to hear from Grace herself!
Envlronment & Facllltles Improve the quality and range of community facilities that children, young people and their families have access to on their doorstep. Total engaged - 500 local residents Community garden- We manage a community garden at the heart of the estate that is used annually by around 500 local residents. We have developed this from scratch, with input from a group of young people whose friend had tragically taken their life at 19, in the place where the garden now stands (having previously been overgrown and used for fly-tipping). We use this space to run regular activitie5 as well as being a community asset to families all year round. This year we applied for and gained planning permission to improve accessibility to the garden through an accessible path and improved communal areas. We plan to complete this work next year. MUGA redevelopment and pump track- we've been supporting our partners plans with redeveloping the multi use games area on the estate and also building a pump track. Youth Facility- We applied for planning permission to build a youth facility on the estate that will create a home from home for young people through regular drop-ins and activities. 'fhis team truly are amazing, the hard vvork by all doesn'tgo unnoticed. The communitygarden is a great example, its ab501utely beautiful it's a beautiful place for our kid5 to enjoy and learn. Each person is so kind, caring and thoughtful and l am trulygratefulfor my child being apart of such a wonderfulgroup Parent Operations & Governance Build organisational excellence to better serve our community. We enhanced our rootedness on the estate after completing the purchase of a second residential property for two of our staff to live in. It is really hard to find 5Ultable houses to rent on the Heath or afford to buy a house as a youth worker so we are delighted to be able to enable them to live in and be part of the community they serve for the long term. This was enabled by two major donors. We've made significant progress in strengthening our learning and impact culture this year. Thanks to our partnership with the lottery we have been able to work with an external consultant to develop an impact framework and design bespoke measurement tools so we can better understand the impact we are having. We continue our work to diversify our income and explore social enterprise opportunities and this year marks our highest income yet from alternative education provision and bike sales.
Trustee Report Objectives and activities The objects for which the Charity is established are: 1. To advance the Christian faith. 2. To advance in life young people through.. A) The provision of recreational a nd leisu re ti me activities provided in the interest of social welfare, designed to improve their conditions of life; andlor Bl Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals. Public benefit The trustees when making decisions about our activities have always had due regard to the commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant. The trustees confirm that we are of public benefit and were faithful to our charitable objectives. Achievements and Performance The first section of the report has set out the achievements and impact of the charity over the year. Our projects continue to be driven by the needs and passions of young people and their families, and enhanced by our networks and partnerships. Fundralslng performance Our fundraising performance continues to be robust, and we are very grateful to everyone who gave financially to our work. Our work is funded through a range of sources, with grants being the largest income source. We seek to strengthen this in future years through continuing to diversifying our income and by reducing any over-reliance on any one funder. Rise.'61 does not work with any commercial partners for fundraising. Volunteers Many of our activities and all our events are supported by a team of volunteers and young volunteers, around 5096 of which are from the community itself and are often experts by lived experience. We are so grateful for the role each and everyone one of them plays. Volunteers this year shared the degire for further training and developmental opportunities and we will be implementing this in the years ahead. 10
Flnanclal revlew At the end of this financial year we are in a good financial position, with the purchase of second property on the estate for staff to live in having a significant impact on the fixed assets on our balance sheet. We received income totaling £427,049, which included £155,000 towards the purchase of a property. Our expenditure was £271,524, leaving a net surplus of £155,525. Donations & gift aid 10.31Yo Cost of raising funds 3.6% Referrals 9.1% Rental income 2.896 Income £427,049 xpenditure £271,524 Grants 75.6% Charitable activities 95.6% Resetves policy The trustees have considered the level of free reserves that the charity should have. It is based upon 3 months of core operating costs and a further sum to cover staff redundancy liabilities if the charity needed to reduce its operations or close. The trustees agreed a 3 month position instead of any higher due to the assets held on our balance sheet that could be sold when required. This fund is a contingency in the event of a sudden reduction in income, in order to protect the future operation of the organisation from the effects of any unforeseen variations in it5 income and expenditure. It also provides a cash flow for grants and contract5 that are paid in arrears. Based on this, the level of free reserves required is £61,500. Our free reserve level at the end of this financial year was £67,031, which is considered a suitable sum.
Structure. Governance and Management Rise.'61 is a Charitable Incorporated Organisation guided by it's constitution whose only voting members are its charity trustees. The activities we run continue to be based around the wishes of the young people we serve in the community. Recruitment and appointment of trustees Charity trustees are recruited through our existing networks alongside promotion online to access a wider pool of applicants and to ensure a balanced and effective trustee board. A role description is written and an interview is carried out to assess 5Ultabi lity. All trustees are requ ired to confirm they are not disqualified from acting as a Trustee. Disclosure and Barring Service checks are carried out on all new trustees before appointment. Induction and training of trustees Induction procedures are in place to ensure every trustee is clear of the work of the charity. New Trustees receive a pack upon starting with a copy of our governing document, our strategy, latest management accounts, staff structure and safeguarding policy. Trustees are provided with ongoing training and information to keep their knowledge and skills up to date and relevant. They are also encouraged to spend time with the staff team, observing front-line delivery where possi ble. Organisationol strurture and decision moking The Director is appointed by the trustees to manage the day to day operations of the Charity and to implement the charitls strategic plan. The Director meets the Chair of trustees for regular supervision sessions and is accountable to the Board of Trustees for the charitys performance against the agreed strategic plan. The board annually review staff salaries for cost of living increases. Independent HR expertise is gained when required for support and guidance. Salaries are set against our internal pay scales, to be reviewed every three years by our trustee board. Our staff team remain our biggest asset with the delivery of Rise:61'5 charitable vision being primarily dependent on them. Thi5 is why staffing is the largest element of our charitable expenditure. Risk Management Rise.'61 takes the management of risk very seriously and trustees regularly review the risk register putting in place strategies to mitigate these where possible. We've always prioritised safeguarding as an organisation and we continue to partner with safeguarding charity 31..8 to ensure we have access to the most up-to-date, expert knowledge from a national level. The principal financial risks to the charity are our reliance on large multi-year grants, like the lottery which will end in 2027 and also ensuring we raise enough unrestricted funding to cover core costs. We are managing these risks by working to increase our regular giver base, unrestricted gifts and trading income, alongside securing alternative multi-year funding. 12
Statement of trustee responslbilitles The trustees, who are also the directors of Rise:61 for the purpose of company law, are responsible for preparing the Trustees, Report 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently,. Observe the methods and principles in the Charitie5 SORP,. Make judgements and estimates that are reasonable and prudent; State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregu la rities. All the current Trustees have taken all reasonable steps, which, to the best of their knowledge and belief they ought to have taken, to make themselves aware of any information needed by the Charity's Independent Examiner for the purpose of completing the accounts and to establish that the Independent Examiner is aware of that information. The Trustees are not aware of any information which they understand would be relevant of which the Independent Examiner is unaware. The Trutees, report was approved by the Board of Trustees Danni Malone Chair of Trustees Dated: April 2025 13
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF RISE:61 FOR THE YEAR ENDED 31 AUGUST 2024 I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2024 which are set out on pages 8 to 22. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Act'l. I report in respect of rny examination of the charity's accounts carried oul under section 145 of the 2011 Att and, in carrying out my examination, I have followed all the applicable Oirections Éiven by the Charity Commission under section 14515llbl of the Act. Independent examlner's statement The charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified mernber of the A55ociation of Chartered Certified Accountant5. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect= i. the accounting records were not kept in accordance with section 130 of the Charities Act; or 2. the accounts did not accord with the accounting record5- or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered a5 part of an independent examination. I have no concerns and have come across no other matters in connection with the exarnination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ones FCCA Me ber of the Association of Chartered Certified Accountants Fawcetts LLP Chartered Accountant5 Windover House St Ann Street Salisburv SPI 2DR Date.. 23 April 2025 14
RISE:61 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Total 2024 Total 2023 Unrèstrirted Rèstricted Note INCOME FROM: Donations and legacies Donations. grants and legacies 75,204 291,952 367,156 589,446 Charitable attivitièg Fund raising activities 46.314 625 46,939 38,631 Investments 1,118 1,118 165 Other Rental income 11,836 11,836 4,620 TOTAL INCOME 134,472 292,577 427,049 632,862 EXPENDITURE ON.. Charitable activities Raising Funds 112,075 3,125 149,752 6,572 261.827 9,697 227,709 8,923 io TOTAL EXPENDITURE 115.200 156,324 271,524 227,709 INCOME 19,272 136,253 155.525 405,153 Transfers between fund5 14,5711 4,571 MOVEMENT IN FUNDS 14,701 140,824 155,525 405,153 RECONCILIATION OF FUNDS.. Total funds brought forward at I September 52,330 484,436 536.766 131,613 TOTAL FUNDS CARRIED FORWARD 692 291 Total recognised gains and1055es The charity has no recognised gains or losses other than the surplus or deficit for the current or previous vear. ContlnuSng operatSons None of the charity's activities were acquired or discontinued during the current or previous year. The notes form part of these financial statements. 15
RISE:61 BALANCE SHEET 31 AUGUST 2024 2024 2023 Notè FIXED ASSETS: Tangible fixed assets 12 595,717 364,383 CURRENT ASSETS: Debtors Cash at bank and in hand 13 5,439 98.913 5,905 169,280 TOTAL CURRENT AssErs 104,352 175,185 LIABILITIES Creditors.. Amounts due within one year 14 17,7781 12,8021 NETCURRENT ASSETS 96.574 172.383 TOTAL ASSETS LESS CURRENT LIABILITIES 16 692 291 536 766 FUNDS Unrestricted funds.. general Restricted funds 15 67,031 625.260 52,330 484.436 15 TOTAL CHARtrY FUNDS 692 291 536 766 The trustees confirm. in accordance with the Charitable Incorporated Organisations (Generall Regulations 2012, that at the year end the CIO did not have any outstanding guarantees to third partie5 nor any debts secured on the assets of the CIO. The financial statement5 were approved and authorised for i55ue by the Board of Trustees on and were signed on its behalf by.. 10 Ap.ril 2025 Danielle Malone Chair of Trustees The notes form part of these financial statement5. 16
RISE:61 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Notes Net tash flow from operating activitiès 171,909 416.977 Cash flows from in¥e5tin8 artivities Payments to acquire tangible fixed assets 1242,2761 1330,8791 Net cash flow from investing activitie5 1242,2761 1330,8791 Net Increase In cash and cash equlvalents 170,3671 86.098 Cash and tash equivalènts at I September 2023 169,280 83,182 Cash and cash equSvalents at 31 August 2024 98,913 169,280 al Reconclllatlon of net Income to net cash flow from operatlng artlvltles 2024 2023 Net income for the year as per the Statement of Financial Activities 155,525 405,153 Depreciation of tangible fixed assets Ilncreasel / Decrease in debtors Increase in creditor5 10,942 466 4,976 13.107 13.6521 2,369 Net cash flow from operatlng actlvltles 171,909 416,977 bl Cash and cash equivalents tonsists of- Cash at bank and in hand 98,913 169,280 Cash and cash equivalents at 31 August 2024 98,913 169,280 The charity has no borrowings or obligations under finance leases therefore 3 reconciliation of net debt has not been provided. The notes form part of these financial statements 17
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 I. ACCOUNTING POLICIES Accounting tonvention RISE..61 is constituted as a Charitable Incorporated Oreanisation ICIOI and is registered with the Charity Commission for England and Wales (registration number 11580861. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice èpplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 (effective I January 20191- (Charities SORP 2019 IFRS 10211, and the Charitie5 Act 2011. The trustees have considered the financial position of the charity and confirm that it remains a going concern. The financial Statements are prepared on a going concern ba515 and are presented in Sterling 1£) which is the functional currency of the charity. This is the first year that the accounts have been prepared using the accruals accounting method. The significant accounting policies applied in the preparation of these financial statements are Set out below. These policies have been con515tently applied to all years presented unless othenlSe stated. Fund accounting Unrestricted funds ar8 available for use at the discretion of the truste8s in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is Set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the Specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Income recognition All incoming resources are included in the Statement of Financial Activities ISOFAI when the charity is legally entitled to the income after any performance condition5 have been rnet, the amount can be measured reliably and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and thi5 require5 a level of performance before entitlement can be obtained then income is deferred until those Conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be No amount is included in the financial statements for volunteer time in line with the SORP IFRS 1021. Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset. Expenditure reco8nition All expendituie 15 accounted for on an actruals basi5 and has been classified under heading5 that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties. it is probable that the settlement will be required and the amount of the obligation can be measured reliably. The irrecoverable element of VAT is included within the item of expense to which it relates. 18
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES Icontlnuedl Tangible fixed assets Expenditure on fixed assets is capitalised except for expenditure incurred on the replacement of assets of low value with a short life. Repair, renovation, and replacement expenditure is written off as expenditure in the Statement of Financial Activities. The cost of fixed assets is their purchase cost, together with any incidental costs of acquisition. Depreciation is provided at the following annual rate5 in order to write off each asset over its estirnated useful life as follows.. Freehold property Bike hub Fixtures, fittings and equipment Motor vehicles IYD on c05t Isee below) IO% on tost - 25Yo to 33% on cost 25% on reducing balance Depreciation is charged on 25% of freehold property due to the high residual value of this asset which is ensured by a regular programme of repair and refurbishment (the cost of which is charged to the Statement of Financial Activities). Debtor5 Debtor5 are measured at their recoverable arnount5. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a 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. Pension costs The charity contributes to the individual defined contribution pension schemes of employees. Contributions are charged to the Statement of Financial Activities in the period to which they relate. DONATIONSAND LEGACIES Unrestrictèd funds 2024 Restricted funds 2024 Total funds 2024 Total funds 2023 Donatlons. grants and legacles Donation5 33,110 5,039 37,000 55 6,000 39,110 5,039 322,952 55 92,169 16,971 480,184 122 Grants Community groups 285,952 Total 75,204 291,952 367,156 589,446 19
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 2. DONATIONS AND LEGACIES Icontinuedl Grants received are as follows.. 2024 Unrestrlcted 2024 Restrlcted 2024 Total 2023 Total 1485 Charitable Trust Barclay5 Community Football fund Bemerton Heath Inter-Agency Group Benefact Trust George Bairstow Charitable Trust Lauderdale Trust SCORE Selwood Charitable Trust- Housing fund Sherlock Charitable Trust Souter Charitable Trust Sport England.. Together fund Stanley Smith IUKI Horticultural Trust Stewardship- Housing fund Sylvia Waddilove Foundation The Forrester Family Trust The Jerusalem Trust The Melville Charitable Trust The Syder Foundation The Walter Guinness Charitable Trust TNL Cornmunity Fund - Impact grant TNL Community Fund - Youth hub The Prism Charitable Trust Wiltshire Community Fdn Youth facilitv Wiltshire Council- Bike Hub Wiltshire Council Youth facilitv Wiltshire Council Creative hub Wiltshire Energy Food & Community Support Fund 500 500 500 500 3,500 1,000 5.000 5,000 25,000 5,000 25,000 2,000 5.000 1,000 3,000 8,500 1,000 1,000 500 1,000 155,000 2,500 500 1,000 155,000 2,500 10,000 330,000 10.000 2,000 1,000 1,000 2,000 2,000 18,000 68,752 25,000 2,000 2,000 18,000 68,752 4,000 65,224 25.000 8,960 25.000 2,700 2,700 10,000 5,000 3,000 3,000 285 952 322 952 480,184 20
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 FUND RAISING ACTIVITIES Unrestrlcted funds 2024 Restrlcted funds 2024 Total funds 2024 Total funds 2023 Fund raisin8 Referrals Sales 2,189 38,937 5,188 625 2,814 38.937 5,188 993 33,724 3.914 Total 46,314 625 46,939 38,631 INCOME FROM INVESTMENTS All of the charity's income from investrnent5 ari5e5 from interest be3ring deposit accounts. TAXATION The charity is an exempt charity within the meaninE of Schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. TRUSTEES, AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES The trustees neither received nor waived any remuneration during the year12023.. £Nill. The charity considers its key management personnel comprise the trustees and senior management. Key management personnel received total remuneration of £50,77412023.. £47,458) for two employees12023.' two). The trustees did not have any expenses reimbursed during the year12023.. £Nill. STAFF COSTS The average monthly number tsf employees during the year was as follows.. 2024 No. 2023 No. Management Finance and Operations Youth workers li 2024 2023 Salaries Social security Defined contribution pension costs 166.641 6,351 4,908 141,705 2,724 4,103 177 900 148 532 No employees received total employee benefits of more than £60,00012023- None). 21
RISE:61 NOTESTO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 NET INCOMING I IOUTGOINGI RESOURCES Net incoming I loutgoingl resources are stated after charging.. 2024 2023 Depreciation owned assets Independent examiner's fees 10,942 1,440 13,107 1,800 CHARITABLE A1VITIES COSTS 2024 Unrestricted 2024 Restricted 2024 Total 2023 Total Project C05t5.' consumables Project cost5.' IT equipment Project C05t5.' too15 and equiprnent Venue hire Bike hub.. Purchase of bike parts Depreciation Hardship grants awarded Public events and AGM Clothing IRISE..611 Motor running expenses Travel and subsistence Sundry expenses Delivery salaries and National Insurance 858 633 593 39 1,584 199 loo 962 586 2,317 618 5,691 2,543 198 10,743 3,2(X) 3,832 817 1,497 92 2,287 64,507 26,262 3,175 1,251 6,284 2,582 1.782 10,942 3.300 4.794 1.403 1.497 505 3,386 131,016 33,581 3,926 557 3,286 6,159 1,495 1,935 13,107 1,374 4,212 2,208 1,630 483 1,664 105,978 38.451 4,103 700 413 1,099 66.509 7,319 3,926 557 Pension contributions Payroll charges Qther staff costs Hygiene and Health & Safety Telephone and utilities Insurance Printing, postage, and stationery Marketing, publicity, and website Bank chèrge5 Rent storage Repairs and maintenance Computer expenses Consultancy, leB31 and professional fees Subscription5 Sundry expenses 823 823 2,227 67 1,116 3,976 700 617 56 2,882 5,121 397 20,918 579 468 1,468 4,525 315 350 174 2,430 5,023 327 7,836 637 630 53 1,521 4,525 317 402 174 2,430 5,498 327 32,402 637 630 52 475 24,566 109,915 149,752 259.667 225,909 Governance Accountancy- Independent exarniner's fee Accountancy- prior year under accrual 1,440 720 1.440 720 1,800 Total Charitable ActNities costs 112 075 149 752 261 827 227 709 22
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 10. EXPENDITURE ON RAISING FUNDS 2024 2024 2024 2023 Unrestricted Restricted Total Total Salaries Pension contributions Payroll charges Printing, Postage, and stationery Marketing, publicity, and website 1,830 982 139 135 39 6,565 8,395 982 139 136 4S 7,690 821 140 210 62 3,125 6,572 9,697 8,923 12. TANGIBLE FIXED ASSETS Flxtures. fittin8s & equipment Freehold Motor vehiclès property Bike Hub Total COST.. At I September 2023 Additions Disposals 330,000 241,676 8,000 10,299 600 44,422 392,721 242,276 At 31 August 2024 571,676 8,000 10,899 44,422 634,997 DEPRECIATION: At I Septernber 2023 Charge for the year Eliminated on disposals 82S 4,800 800 7,443 1,425 15,270 7,288 28,338 10,942 1,429 At 31 August 2024 2,254 5,600 8,868 22,558 39,280 NET BOOKVALUE.. At 31 August 2024 S69 422 595 717 At 31 August 2023 329 175 364 383 13. DEBTORS 2024 2023 Trade debtors Gift Aid claim Prepayments and accrued income 5,439 5,905 23
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 14. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Other creditor5 Social security and other taxes Accruals- Independent examiner's fee 4.539 202 800 1,799 1,440 1,800 15. MOVEMENTOF FUNDS 8alan¢e at 0110912023 Incoming resources Out%oinK resources Balance at 3110812024 Transfers Unrestrlcted funds General free reserves 52,330 52,330 134,472 134.472 1115,2001 1115.2001 14,5711 14.5711 67,031 67.031 Restrlcted funds Fixed assets.. Freehold propertv Bike Hub Fixtures, fittings 3nd equipment Motor vehitles Other funds..
iwillfund 2023
1485 Hardship fund George Bairstow Charitable Trust Housing fund Lauderdale Trust Minibus fund SCORE grant Sport England.. Together fund Stsnley Smith IUKI Horticultural Trust Sylvi3 Waddilove Foundation The Jerusalem Trust Grant The Syder Foundation The Walter Guinness Charitable Trust TNL Cornmunity fund TNL Community fund- Impact grants Wilts Community Fdn Yth Facility Wilt5 Council Area Board.. 8/Hub Wllts Council Area Board.. cIHub Wilts Council Youth Facility Wilt5 Council- Energy Food & Com'y 329,175 3.200 2,856 29,152 11,4291 18001 11,2261 17,2881 241,676 569,422 2,400 1,630 21,864 2,011 11,5871 15001 14241 500 s,000 161,000 25,000 625 s,000 76,304 10,ODO 1237,3041 125,0001 11,4971 11,4031 15001 11,0001 11,4601 11,8471 12,0001 12.6231 172,6391 111,2481 11,9621 12,4211 14,8941 IID,0001 13,0001 1156.3241 1,812 1,403 940 500 1,000 2.500 1.040 1,847 2,000 2.000 68,752 18,000 623 14,659 161 1.962 10,772 6.913 2,700 279 4,894 ID,000 3,000 292.577 484.436 4.571 625,260 Total lunds 536.766 427.049 271.524 692 291 24
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2024 15. MOVEMENT OF FUNDS Icontinuedl Compurotive bolancesfor the year ended 31 August 2023.. Balante at Incoming 0110912022 resources Outgoing resources Transfers Balante at 3110812023 Unrèstrieted funds General free reserves Unrestricted fixed assets 26.541 117.299 191,5101 52,330 26,541 117,299 191,SlOI S2,330 Re5trirted funds Fixed assets.. Freehold property Bike Hub Fixtures, fittings and equipment Motor vehicles Other funds..
iwillfund 2023
1485 Hardship fund Arnold Clark Foundation Barclays Cornmunity Football fund Bemerton Heath Inter-Agency Grp George Bairstow Charitable Trust Housin8 fund Magic Little grants Minibus fund Pennies Foundation SCORE grant Souter Charitable Trust South West Community Matters Sport England.. Together fund The Jerusalem Trust Grant TNL Community fund TNL Community fund- Impact grant Wessex Water Environment fund Wilts Community Fdn Yth Facility Wilts Council - Area Board.. cIHub Wilts Council Youth Facility 330,000 18251 18001 11,7641 19,7171 329,175 3,200 2,856 29.152 4,000 3,741 38.869 879 3,000 500 19891 17001 11,6701 15001 13,5001 2,011 200 1,670 500 3,500 5,000 67,500 5,000 76,304 15,000 181 3,442 228 496 2.118 124 16,1961 11811 11,6301 12281 11,0931 15,1181 11241 18,5001 11531 172,5681 17,8391 11,5001 17,9981 12,6061 1,812 2,000 3,000 1,403 8,500 2,000 65,224 4,000 1,847 14,659 161 22,003 4,000 1,500 5,000 2,500 4,960 5,000 10,000 515,563 1,962 4,894 10,000 484,436 105,072 1136,1991 Total funds 131613 632 862 227 709 536 766 25
RISE.'61 NOTESTO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 15. MOVEMENT OF FUNDS Icontlnuedl Below is a description of each fund of the charitv.. UNRESTRICTED FUNDS- General free fund This represents funds which have been accumulated for the gener31 purposes of the charity. RESTRICTED FUNDS: Restricted fixed assets This represent5 restricted funds held as fixed assets and are not readily available.
iwillfund 2023 To engage young people in soci31 action through fundraising challenges.
1485 Hardship fund To support families Struggling through small hardship gifts. Geor8e Balrstow Charltable Trust To upgrade the gazebo at the community garden. Houslng fvnd To purchase two residential properties to house staff in furtherance of the charity's objectives. Lauderdale Trust To fund our youth work that meets practical needs and our ability to create spaces to explore faith. Minibus furbd To pay towards the ongoing running and servicing costs of the minibus. SCORE Brant To fund young people to go on carnping trips to le5tivals. sport England.. Together fund To fund our Active and Bike Clubs. Stanley Smith IUKI Horticultural Trust To purchase plants, too15 and equiprnent for the community 83rden. Sylvia Waddilove Foundation To fund community garden acce55ibility irnprovernents. The Jerusalem Trust Grant To fund our Life Group. The National Lottery trNLI Community fund To fund our Youth Hubs and associated overhead costs. The Syder Foundation To fund trips off th& estate. The Walter Guinness Charitable Trust To fund our youth clubs and drop in. TNL Community fund- Impact grant5 To work with an external consultant to develop our impact measurement. Wiltshire Community Foundation- Youth Facility To fund the feasibility study for our proposed 51te for building a youth facility- Wlltshlre Councll- Area Board fjrant BH To purchase a bike rackltrailer for the van and bike jumps. Wlltshlre Councll- Area Board Grant CH To fund our Creative Hub. Wiltshire Council- Youth Facility To further the development of the youth facility. Wiltshire Energy Food & Community Support Fund To provide hardship support to 20 families in need. 26
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 16. ALLOCATION OF THE CHARITY NET ASSErs The net assets are held for the various funds as follows.. Fixed Assets Net Current Long-term Llabllltles Assets Total Unrestricted funds.. general Restricted funds 401 595,316 66,630 29,944 67.031 625.260 Total 595 717 692 291 Prior year net (J5sets heldfor the variousfunds were usfollows.. Flxed A$5ets Net Current Assets Long-term Liabilities Total Unrestricted funds.. general Restricted fund5 52,330 120,053 52.330 484,436 364,383 Total 364 383 172 383 536 766 17. RELATED PARTY TRANSAcfioNS During the year, donations amounting to £6,000 were received from trustees of the charity12023= £Nill. There were no other related party tran%action5 during the year12023.. None). 27
RISE:61 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 18. PRIOR YEAR COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES Total 2023 Unrestrirted Restrirted Notè INCOME FROM: Charitable artivities Fundraising activities 38,631 38.631 Donations and legacies Donation5 and grant5 73,883 515,563 589,446 Investments 165 165 Other 4,620 4,620 TOTAL INCOME 117,299 515,563 632,862 EXPENDITURE ON.. Charitable artivities 91,510 136,199 227,709 TOTAL EXPENDITURE 91,510 136,199 227,709 NETINCOME 25,789 379,364 405,153 Transfers between funds NETMOVEMENT IN FUNDS 25,789 379.364 405,153 RECONCILIATION OF FUNDS: Total funds brought forward at I September 2022 26,541 105,072 131,613 TOTAL FUNDS CARRIED FORWARD at 31 August 2023 484 436 536 766 28