Docusign Envelope ID: 7A343DAA-31C1-4967-B5E0-E24DD5345082
## **Talent RISE**
**(CIO Number 1183457)**
# **Trustees' annual report & financial statements for the period ended**
**31st December 2024**
Charity accounts preparation & independent examination service
Docusign Envelope ID: 7A343DAA-31C1-4967-B5E0-E24DD5345082
## **Talent RISE**
**(CIO Number 1183457)**
|**Contents**||
|---|---|
|**Index**|**Page**|
|**Report of the trustees**|**1**|
|**Independent examiner's report**|**5**|
|**Receipts & payments accounts**|**6**|
|**Statement of assets and liabilities**|**7**|
|**Notes to the accounts**|**8**|
Docusign Envelope ID: 7A343DAA-31C1-4967-B5E0-E24DD5345082
## **Trustees' Annual Report**
## **From: 1st July 2023**
**To: 31st December 2024**
|**Charity's full name**|**Talent RISE**||
|---|---|---|
|**Registered Charity number**||**1183457**|
## **Objectives and activities**
## **Summary of the purposes of the charity set out in its governing document**
At Talent RISE we know that meaningful employment can transform the lives of young people by giving them purpose, dignity and independence. We also know that for a variety of reasons many young people can struggle to access such employment on their own. Our charitable objective, stated below, reflects this:
The object of the charity is to act as a resource for young people, particularly but not exclusively those defined as having “barriers to employment” by providing information, advice and assistance and by organising programmes in the areas of employment support, education, mentoring, social skills, life skills and emotional development as a means of:
## (a) relieving unemployment;
## (b) advancing education;
(c) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals.
“Barriers to employment” means unfavourable circumstances or conditions, including but not limited to physical or mental health challenges, low educational attainment, poverty or social and economic status, that reduces their chances of success or effectiveness in obtaining employment.
## **Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts**
In line with our charitable object, Talent RISE delivered practical and targeted support to young people aged 16-30 facing barriers to employment.
Key activities included:
**Building Aspirations Programme:** Developed in partnership with UK Youth, this is a two-day intensive employability course designed to help young people boost their confidence, develop essential skills, and explore realistic routes into work. Delivery focused on small cohorts in safe, trusted spaces that young people already engage with.
**1:1 Support & Mentoring:** We provided tailored employability support to young people, including CV development, interview preparation, personal guidance and referrals into training or education opportunities.
**Job Brokerage & Placements:** We directly supported young people to access job roles by identifying suitable employment opportunities, liaising with employers, and providing aftercare to help sustain placements.
**Scholarship and Progression Funding:** Through our strategic partnership with UKYouth, we offered financial support to Building Aspiration programme participants via a scholarship model to enable young people to access further training or employment where finances were a barrier.
**Youth-informed Delivery:** While we did not operate a formal Youth Advisory Board during this period, our approach was continually shaped by the voices and feedback of the young people we worked with,
The trustees consider that they have complied with their duties to have due regard to the public benefit guidance published by the Charity Commission.
## **Additional details of objectives and activities (OPTIONAL)**
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During the reporting period, Talent RISE benefited significantly from the time, expertise, and in-kind contributions of volunteers and strategic partners.
Volunteers included guest speakers, mentors, and professionals from partner organisations who supported programme delivery, shared career insights, and offered practical coaching to young people. Their contributions enhanced the learning experience, improved confidence outcomes, and extended young people’s exposure to real-world employment pathways.
We also wish to recognise the in-kind support provided by Talent International. In addition to generous monthly donations, Talent International has continued to offer vital infrastructure support - including IT systems, office space, financial systems, and marketing resources. This backing has been instrumental in allowing RISE UP to scale delivery, improve operational efficiency, and maintain a low overhead model while maximising direct support for young people.
Together, these contributions have made a meaningful difference in our ability to achieve our mission of transforming the lives of young people through meaningful employment _**.**_
## **Achievements and performance**
**Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.**
Over this reporting period, Talent RISE delivered targeted employment support to young people facing barriers to work across Greater Manchester and beyond. Our focus was on increasing confidence, building employability skills, and unlocking access to real opportunities in employment, training, or further education. With the backing of UK Youth, we successfully started delivering the Building Aspirations employability programme. Their support enabled us to deliver high-impact group sessions, mentoring, and coaching to young people who are traditionally excluded from mainstream provision.
## Our core impact in numbers:
- 144 young people referred and engaged with RISE UP support.
- 48 young people completed the Building Aspirations programme.
- 51 young people moved into employment.
- 12 scholarships awarded to young people.
The Building Aspirations programme evolved using direct feedback from young people and prioritised mental wellbeing, self-belief, and long-term confidence. Participants experienced an increase in aspirations, resilience, and practical workplace readiness.
We also ran 1-to-1 mentoring, employer-led sessions, and tailored career coaching. Our work created bridges between excluded young people and employers committed to inclusive recruitment.
## The difference we made:
- Young people told us they felt “seen”, “heard”, and “hopeful” for the first time
- Those completing the programme gained the confidence and tools to move forward
- Employers benefitted from access to a socially conscious and diverse talent pool
These achievements were only possible thanks to our lean, passionate team, the contribution of volunteers, and the in-kind infrastructure and monthly donation provided by Talent International, who continue to
## **Additional information (optional)**
During the reporting period we made significant progress in diversifying our income streams, moving from reliance on a single source of support to building a more sustainable base of funding. A highlight was RISE Day 2024, our first community-led fundraising event, which raised over £10,000 to go directly towards programme delivery. Alongside this, we secured new grant and partnership income, ensuring the charity is firmly on the path to becoming a sustainable, independent proposition.
## **Financial review**
## **Review of the charity’s financial position at the end of the period**
At the close of the reporting period (31 December 2024), Talent RISE was in a stable financial position, having successfully diversified its income streams and managed expenditure in line with delivery plans.
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The charity recorded a total income of **£255,079** across the period, reflecting growth from the previous year and demonstrating success in diversifying beyond reliance on a single donor. Income was derived from a combination of grant funding, corporate partnerships, community fundraising, and continued monthly support from Talent International. Our first community fundraising event, RISE Day 2024, raised over £10,000, further strengthening unrestricted funds available for programme delivery.
Expenditure was focused on programme delivery and direct support for young people, alongside investment in core staffing and infrastructure to strengthen long-term sustainability.
At year end, the charity held sufficient reserves to meet its obligations and continue delivery, with financial planning in place to secure multi-year income and maintain stability into 2025 and beyond.
## **Statement explaining the policy for holding reserves stating why they are held**
The trustees recognise the importance of maintaining adequate reserves to safeguard the charity’s operations and ensure continuity of support for young people.
Talent RISE’s policy is to maintain unrestricted reserves equivalent to six months of core operating expenditure. This provides a financial cushion to protect against short-term income fluctuations, delays in grant payments, or unexpected expenditure.
## **Amount of reserves held**
At the end of the reporting period (31 December 2024), the charity held reserves in line with its policy of maintaining the equivalent of six months of core operating expenditure.
## **Reasons for holding zero reserves**
N/A - the charity holds unrestricted reserves in accordance with its reserves policy.
## **Funds materially in deficit**
N/A - the charity does not hold any funds in deficit.
## **Explanation of any uncertainties about the charity continuing as a going concern**
There are no uncertainties about the charity’s ability to continue as a going concern. Talent RISE has diversified its income streams, secured multi-year commitments from partners, and maintains appropriate reserves to ensure stability. Trustees are confident in the charity’s financial sustainability.
During the reporting period, the charity’s principal sources of income included:
- Regular monthly donations and in-kind infrastructure support from Talent International
- Programme funding from UK Youth, which enabled the delivery of the Building Aspirations employability programme
- A strategic grant from The Fore, which funded the creation of our Youth Development Officer role, increasing capacity and enabling us to support more young people
- Community fundraising through RISE Day 2024, which raised over £10,000
- Targeted grant funding and corporate partnerships
This diversification marked a key step in building a sustainable, independent funding model, reducing reliance on a single source and increasing resilience for future years _**.**_
## **Structure, governance and management**
**Description of the charity's trusts:** Talent RISE is governed in accordance with its charitable objects as registered with the Charity Commission.
## **Type of governing document**
The charity is governed by a Constitution, adopted at registration.
- **(e.g. trust deed, royal charter)**
**How the charity is constituted**
- **(e.g unincorporated association, CIO)**
Talent RISE is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission for England and Wales
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**Trustee selection methods including** Trustees are appointed in accordance with the provisions of the **details of any constitutional** Constitution. Trustees may be recruited through open **provisions e.g. election to post or** advertisement, personal recommendation, or nomination, subject **name of any person or body entitled** to approval by the Board. All trustees serve a term of office as set **to appoint one or more trustees** out in the Constitution and are eligible for reappointment.
## **Additional governance issues (OPTIONAL)**
New trustees receive an induction pack, including the charity’s governing document, recent financial statements, and strategic plans. They are also briefed by the CEO and Chair on current priorities, risks, and responsibilities. Training opportunities are offered to trustees as appropriate.
## **Reference and administration details**
|**Charity's full name**|Talent RISE|
|---|---|
|||
|**Other names the charity is known by**|RISE UP|
|||
|**Charity’sprincipal address**|Sevendale House|
||7 Dale Street|
||Manchester|
||**M1 1JA**|
## **Names of the trustees who manage the charity**
|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**wholeyear**|**Name of person (or body)**
**entitled to appoint trustee**|
|---|---|---|---|
|Richard Earl|Chair|||
|Darren Wells||||
|GregReed||||
|Leeya Hendricks||May2024 onwards||
|**Name of trustees holding title toproperty belonging to the charity**||||
|**Trustee name**||**Dates acted if not for wholeyear**||
|**N/A**
**N/A**||||
## **Names and addresses of advisers (OPTIONAL)**
|**Type of adviser**|**Name**|**Address**|
|---|---|---|
|Outsource Accountancy Services & Independent
2 Galligap Lane, York YO10 3NR
**Independent**
**Examiner**
Karen Wood
ACMA,CGMA|||
## **Bankers**
## **Name of chief executive or names of senior staff members**
Roman Dibden
## **Declaration**
**The trustees declare that they have approved the Trustees Annual Report and Accounts**
## **Signed on behalf of the charity's trustees**
**Signature Full Name** _**Richard Earl**_ **Position** _**Chair**_ **Date** _**18th of September 2025**_
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Docusign Envelope ID: 7A343DAA-31C1-4967-B5E0-E24DD5345082
## **Independent Examiner's Report on the Accounts**
I report on the accounts of the CIO: **Talent RISE** for the period ended **31st December 2024** which are set out on pages 6 to 8.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the CIO accounts. The charity's trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the "2011 Act") and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act), and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention
- 1) which gives me reasonable cause to believe that in any material respect, the requirements;
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Karen Wood ACMA, CGMA** Charity accounts preparation & independent examination service Hiscox Building, Peasholme Green York, YO1 7PR
10/22/2025
**Date:**
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Docusign Envelope ID: 7A343DAA-31C1-4967-B5E0-E24DD5345082
## **Talent RISE**
(CIO Number 1183457)
|**Receipts &payments accounts for theperiod ending:**
**31st December 2024**|**Receipts &payments accounts for theperiod ending:**
**31st December 2024**|**Receipts &payments accounts for theperiod ending:**
**31st December 2024**|**Receipts &payments accounts for theperiod ending:**
**31st December 2024**|**Receipts &payments accounts for theperiod ending:**
**31st December 2024**|
|---|---|---|---|---|
|**Balance Carried Forward**
**Total payments**
**Payments**
Staff salaries
Travel & subsistence
Candidate support
**Balance Brought forward**
Events & workshops
**Total receipts**
**Receipts**
Donations from Talent International
Independent examination
Elavate grant
**Net of receipts/(payments)**
DBS checks for staff & volunteers
Computers & office equipment
Donations to Talent Rise AUS & NZ
Staff training
Insurance costs
Marketing & website
Subscriptions
Bank & just giving charges
Contractors
Telephone,internet & office costs
Access to work grant
Workshops
Just giving donations
Corporate donations|**Unrestricted**
**funds**
**£**
151,825
-
-
56,170
15,795
3,784
**227,574**|**Restricted**
**funds**
**£**
-
25,000
-
2,505
-
-
**27,505**
-
44,189
-
-
-
-
-
-
-
-
-
-
-
-
**44,189**
**(16,684)**
**44,189**
**27,505**|**18 months**
**to Dec 2024**
**Total**
**funds**
**£**
151,825
25,000
-
58,675
15,795
3,784
**255,079**
143,868
44,189
510
3,652
615
500
58
2,711
3,783
1,552
491
1,045
4,365
350
467
**208,156**
**46,923**
**72,136**
**119,059**|**2023**
**Total**
**funds**
**£**
100,914
-
12,055
11,000
60,989
1,800|
|||||**186,758**|
|||||95,680
-
-
3,046
3,806
206
220
1,047
49
754
466
2,396
2,574
350
4,471|
||143,868||||
||-||||
||510||||
||3,652||||
||615||||
||500||||
||58||||
||2,711||||
||3,783||||
||1,552||||
||491||||
||1,045||||
||4,365||||
||350||||
||467||||
||**163,967**
**63,607**
**27,947**
**91,554**|||**115,065**|
|||||**71,693**
**443**|
|||||**72,136**|
6
Docusign Envelope ID: 7A343DAA-31C1-4967-B5E0-E24DD5345082
## **Talent RISE**
(CIO Number 1183457)
|**Statement of assets and liabilities at:**||**31st December 2024**|**31st December 2024**|**31st December 2024**|
|---|---|---|---|---|
|Current bank account
Treasurer's account
**Liabilities**
Independent Examination fee
**Assets**
**Cash at bank and in hand**|**Unrestricted**
**funds**
**£**
91,525
29
**91,525**
**Unrestricted**
**Funds**
**£**
-
**-**|**Restricted**
**funds**
**£**
27,505
**27,505**
**Restricted**
**Funds**
**£**
-
**-**|**18 months**
**to Dec 2024**
**Total**
**funds**
**£**
119,030
29
**119,059**
**Total**
**Funds**
**£**
-
**-**
18 months to
Dec 2024|**2023**
**Total**
**funds**
**£**
72,136|
|||||**72,136**|
|||||**2023**
**Total**
**Funds**
**£**
350|
|||||**350**|
7
Docusign Envelope ID: 7A343DAA-31C1-4967-B5E0-E24DD5345082
**Talent RISE** (CIO Number 1183457)
## **Notes to the Accounts for the period ending**
**31st December 2024**
## **1 Basis of preparation**
The Trustees have taken advantage of section 144 (2) of the Charities Act 2011 and prepared the accounts on a receipts and payments basis.
## **2 Restricted funds**
**Fund name Purpose**
Elevate Funding from Salford CVS for Elevate Salford UK Youth To purchase items for young people who had completed the programme
Talent RISE Australia Donations specifically given to benefit Talent RISE Australia Talent RISE New Zealand Donations specifically given to benefit Talent RISE New Zealand
|**Restricted**
Talent RISE Australia
Talent RISE New Zealand
UK Youth
Elevate|**Balance**
**b/fwd**
**£**
-
-
38,404
5,785
**-**|**Incoming**
**resources**
**£**
25,000
2,505
**27,505**|**Resources**
**expended**
**£**
-
-
38,404
5,785
**44,189**|**Trf of**
**funds**
**£**
-
-
-
**-**|**Balance**
**c/fwd**
**£**
25,000
2,505
-
-|
|---|---|---|---|---|---|
||||||**27,505**|
## **Approval of Accounts for the period ending:pproval of Accounts for the period ending:roval of Accounts for the period ending:period ending:eriod ending:g::**
**----- Start of picture text -----**
Approval of Accounts for the period ending:pproval of Accounts for the period ending:roval of Accounts for the period ending:period ending:eriod ending:g:: 31st December 2024
The report and accounts were approved at a
21/10/2025
meeting of the Trustees held on:
Date
10/21/2025
Signed for and on behalf of the trustees Date
Richard Earl Chair
**----- End of picture text -----**
**Position (e.g. Chair etc)**
**Print name**
8