REGISTERED COMPANY NUMBER: CE018526 (England and Wales) REGISTERED CHARITY NUMBER: 1184893
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2021
for
Rising Stars Young People Services CIO
SKN Services Ltd Chartered Accountants SKN Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN
Rising Stars Young People Services CIO
Contents of the Financial Statements for the Year Ended 31 December 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 to 8 |
| Notes to the Financial Statements | 9 to 15 |
| Detailed Statement of Financial Activities | 16 to 17 |
Rising Stars Young People Services CIO
Report of the Trustees
for the Year Ended 31 December 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. 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 the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
Rising Stars Young People Services CIO was set up to help young people from the inner city of Birmingham.
Our vision is to keep children away from the life of crime and utilise their time by taking part in organised sporting activities. We use sports as a hook to attract young people from all walks of life, we then deliver life skills workshops to educate and broaden their knowledge about issues which they may face in day to day their life for example, bullying, e-safety, racism, knife crime, gang, drugs, alcohol, poor health, grooming, child sexual exploitation and county lines.
Our mentors and coaches tool these young people up with skills such as problem solving, critical thinking, communication, self-control, staying healthy and taking care of their mental health. So they can address these issues head on and they are also aware of the dangers and consequences.
Most importantly, we create a non-judgemental and safe environment for young people, where they can come to make new friends, have fun, share their thoughts and feelings with professional people. Finally, Rising Stars Young People Services is a platform for young people to showcase their talent to rest of the community, we signpost many young people to other professional establishments where they can continue to pursue their passion and represent our community in a positive manner.
Page 1
Rising Stars Young People Services CIO
for the Year Ended 31 December 2021
Report of the Trustees
OBJECTIVES AND ACTIVITIES
Significant activities
The organisation has been delivering structured sporting activities to boys and girls from across the city. We have been operating in Aston, Hodge Hill and Selly Oak every weekend and on certain weekdays. We have had over 800 users aged 4-16years of age who have benefited from the activities across Birmingham. We successfully delivered a further three workshops in 2019 to support the "Put it Down" knife campaign and one autism level 1 parents awareness course. However, things were changing towards the end of 2019 as restrictions were coming into place for Covid19 and several young people and staff were falling ill. We had to cancel numerous end of year events, fund raisers and training due to the start of the pandemic.
Mental Health
The charity had a big initiative to support young people's mental health in Birmingham, we wanted to raise awareness and sign post individuals to professional bodies including our in house mentors to offer guidance and a safe place for children to come and talk to about their mental well-being. We launched our "Shoot For Better Mental Health" project across all our sites. A five year project supported by many funders including Awards for All.
We delivered workshops for parents and careers so they can identify early signs of mental health and what they can do to support and help children to overcome this using short term and long term solutions. Most importantly, parents, coaches and schools were able to make referral to Rising Stars Young People Services and our staff will work with individuals and small groups of young people.
Alternative History of Football in Aston
This was an eye opening project for our young people, a project that made them research their own history and increase their knowledge about the local football clubs that surrounds them. As we are located in the heart of Aston and the Aston Villa FC stadium is a stone throw away, we felt it is important to make the children aware of the history behind it. Now it's more than just a big building, the project has increased the knowledge about Aston, the park and Aston Hall, familiar places which they see every weekend when they attend Rising Stars.
The children had kept their own journal in order to record their findings which they would later showcase to the community at a local event organised in our youth centre. We had local historians deliver workshops about the history of the area and how certain football clubs were founded in the community. We had the pleasure to take the children to the 3 big football clubs in Birmingham to show them around and speak to their staff.
Then we took them to lower league grass root clubs to compare the differences. We invited local elderly residents from the community, so they can share their experiences with the younger generation and how things have changed over the years in sports, facilities etc. The children then also worked with a local media/advert company to plan/design our very own promotion video to sum up what Rising Stars does through our sporting activities which will later be uploaded on our social media platforms. Finally to bring the project to an end we visited the National Football Museum in Manchester to see how the sport has evolved over the years. Thank you to the heritage fund for supporting this project.
Homelessness Project
A powerful project delivered by a strong, dedicated team of individuals from Rising Stars Young People Services and a big thank you to the Heart Of England Foundation for funding this project. The Rising Stars offices are located in the centre of Aston Park, we see vulnerable homeless people daily through our journey in to and out of the office. We offered a safe, warm and non- judgemental environment for homeless men and women to come in for support twice a week 6pm-9pm. We offered them warm drinks, basic hygiene packs, use of the internet to check emails, socialising, board games, charge their phones and a warm meal
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Rising Stars Young People Services CIO
Report of the Trustees
for the Year Ended 31 December 2021
OBJECTIVES AND ACTIVITIES
cooked up by our team. Most importantly we offered to listen to them and make conversation with them so they don't feel lonely. Our staff supported with sign posting individuals to housing association and temporary housing solution based locally. Our outstanding staff had to approach this project carefully, always showing high level of respect, treating the end user with dignity and maintaining confidentiality at all times.
The organisation has build a good understanding and rapport with certain homeless individuals, although the project has come to an end some still come around to say hello and have a general conversation over a coffee.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE018526 (England and Wales)
Registered Charity number
1184893
Registered office
Aston park play centre Trinity road Aston Birmingham West Midlands B6 6JD
Trustees
Ms Fahima Miah Trustee Miss Nadira Ansari Trustee Zamal Uddin Trustee (resigned 21/6/2021) Israil Ali Trustee Shah Alam Trustee George P Kodiatt Trustee
Company Secretary
Independent Examiner
Mr Monzur Sumon BSS (Hons), MA, FCCA, ACA, CTA SKN Services Ltd Chartered Accountants SKN Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN
Page 3
Rising Stars Young People Services CIO
Report of the Trustees
for the Year Ended 31 December 2021
Approved by order of the board of trustees on 25 October 2022 and signed on its behalf by:
Miss Nadira Ansari - Trustee
Page 4
Independent Examiner's Report to the Trustees of Rising Stars Young People Services CIO
Independent examiner's report to the trustees of Rising Stars Young People Services CIO ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Monzur Sumon BSS (Hons), MA, FCCA, ACA, CTA SKN Services Ltd Chartered Accountants SKN Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN
25 October 2022
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Rising Stars Young People Services CIO
Statement of Financial Activities
for the Year Ended 31 December 2021
| 31.12.21 Unrestricted Restricted Total fund funds funds Notes £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 67,601 20,577 88,178 Other trading activities 2 16,480 - 16,480 Total 84,081 20,577 104,658 EXPENDITURE ON Charitable activities GENERAL 121,175 10,157 131,332 NET INCOME/(EXPENDITURE) (37,094) 10,420 (26,674) RECONCILIATION OF FUNDS Total funds brought forward 12,185 - 12,185 TOTAL FUNDS CARRIED FORWARD (24,909) 10,420 (14,489) |
31.12.20 Total funds £ 63,055 56,633 |
|---|---|
| 119,688 | |
| 107,503 12,185 - |
|
| 12,185 |
The notes form part of these financial statements
Page 6
Rising Stars Young People Services CIO
Balance Sheet
31 December 2021
| 31.12.21 | 31.12.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 6 | 1,624 | - | 1,624 | 2,031 | |
| CURRENT ASSETS | ||||||
| Cash at bank and in hand | 1,932 | 10,420 | 12,352 | 44,898 | ||
| CREDITORS | ||||||
| Amounts falling due within one year | 7 | (4,211) | - | (4,211) | (8,153) | |
| NET CURRENT | ||||||
| ASSETS/(LIABILITIES) | (2,279) | 10,420 | 8,141 | 36,745 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | (655) | 10,420 | 9,765 | 38,776 | ||
| CREDITORS | ||||||
| Amounts falling due after more than one | ||||||
| year | 8 | (24,254) | - | (24,254) | (26,591) | |
| NET ASSETS | (24,909) | 10,420 | (14,489) | 12,185 | ||
| FUNDS | 10 | |||||
| Unrestricted funds | (24,909) | 5,941 | ||||
| Restricted funds | 10,420 | 6,244 | ||||
| TOTAL FUNDS | (14,489) | 12,185 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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Rising Stars Young People Services CIO
Balance Sheet - continued
31 December 2021
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 and authorised for issue on 25 October 2022 and were signed on its behalf by:
Nadira Ansari - Trustee
The notes form part of these financial statements
Page 8
Rising Stars Young People Services CIO
Notes to the Financial Statements for the Year Ended 31 December 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial 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 (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that 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 a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance Motor vehicles - 20% on reducing balance
Taxation
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
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Rising Stars Young People Services CIO
Notes to the Financial Statements - continued
for the Year Ended 31 December 2021
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 31.12.21 | 31.12.20 | |
| £ | £ | |
| Rent receivable | 16,480 | 56,633 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 31.12.21 | 31.12.20 | |
| £ | £ | |
| Depreciation - owned assets | 407 | 1,143 |
| Hire of plant and machinery | 278 | 609 |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 24,683 Other trading activities 56,633 Total 81,316 EXPENDITURE ON Charitable activities GENERAL 75,375 NET INCOME 5,941 TOTAL FUNDS CARRIED FORWARD 5,941 |
Restricted funds £ 38,372 - 38,372 32,128 6,244 6,244 |
Total funds £ 63,055 56,633 |
|---|---|---|
| 119,688 | ||
| 107,503 12,185 |
||
| 12,185 |
continued...
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Rising Stars Young People Services CIO
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
| 6. | TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|---|
| Plant and | Motor | ||||
| machinery | vehicles | Totals | |||
| £ | £ | £ | |||
| COST | |||||
| At 1 January 2021 and | |||||
| 31 December 2021 | 1,536 | 1,638 | 3,174 | ||
| DEPRECIATION | |||||
| At 1 January 2021 | 553 | 590 | 1,143 | ||
| Charge for year | 197 | 210 | 407 | ||
| At 31 December 2021 | 750 | 800 | 1,550 | ||
| NET BOOK VALUE | |||||
| At 31 December 2021 | 786 | 838 | 1,624 | ||
| At 31 December 2020 | 983 | 1,048 | 2,031 | ||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.12.21 | 31.12.20 | ||||
| £ | £ | ||||
| Bank loans and overdrafts (see note 9) | - | 4,471 | |||
| Trade creditors | 1,800 | 1,800 | |||
| Social security and other taxes | 2,411 | 1,882 | |||
| 4,211 | 8,153 | ||||
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN | ONE YEAR | |||
| 31.12.21 | 31.12.20 | ||||
| £ | £ | ||||
| Bank loans (see note 9) | 24,254 | 26,591 | |||
| 9. | LOANS | ||||
| An analysis of the maturity of loans is given below: | |||||
| 31.12.21 | 31.12.20 | ||||
| £ | £ | ||||
| Amounts falling due within one year on demand: | |||||
| Bank overdrafts | - | 1 | |||
| Bank loans | - | 4,470 | |||
| - | 4,471 | ||||
| Amounts falling due between two and five years: | |||||
| Bank loans - 2-5 years | 24,254 | 26,591 |
continued...
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Rising Stars Young People Services CIO
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
10. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Signs and Covid Safe Preparation PROJECTS Mental Health Project Loveburn TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Signs and Covid Safe Preparation PROJECTS Mental Health Project Loveburn TOTAL FUNDS |
At 1/1/21 £ 12,185 - - - - - 12,185 Incoming resources £ 84,081 4,577 9,000 6,000 1,000 20,577 104,658 |
Net movement At in funds 31/12/21 £ £ (37,094) (24,909) 3,347 3,347 73 73 6,000 6,000 1,000 1,000 10,420 10,420 (26,674) (14,489) Resources Movement expended in funds £ £ (121,175) (37,094) (1,230) 3,347 (8,927) 73 - 6,000 - 1,000 (10,157) 10,420 (131,332) (26,674) |
|---|---|---|
continued...
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Rising Stars Young People Services CIO
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1/1/20 £ Unrestricted funds General fund - Restricted funds Deutch Bank - National Lottery Community Fund - - TOTAL FUNDS - Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 81,316 Restricted funds Clothworker Foundation 9,000 Deutch Bank 4,590 Green Hall Foundation 5,000 Groundwork Tesco 500 National Lottery Community Fund 9,550 Resilience Fund 1,440 Sport England 8,292 38,372 TOTAL FUNDS 119,688 |
Net movement At in funds 31/12/20 £ £ 5,941 5,941 3,060 3,060 3,184 3,184 6,244 6,244 12,185 12,185 Resources Movement expended in funds £ £ (75,375) 5,941 (9,000) - (1,530) 3,060 (5,000) - (500) - (6,366) 3,184 (1,440) - (8,292) - (32,128) 6,244 (107,503) 12,185 |
|---|---|
continued...
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Rising Stars Young People Services CIO
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/1/20 | in funds | 31/12/21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | (31,153) | (31,153) |
| Restricted funds | |||
| Deutch Bank | - | 3,060 | 3,060 |
| National Lottery Community Fund | - | 3,184 | 3,184 |
| Signs and Covid Safe Preparation | |||
| - | 3,347 | 3,347 | |
| PROJECTS | - | 73 | 73 |
| Mental Health Project | |||
| - | 6,000 | 6,000 | |
| Loveburn | - | 1,000 | 1,000 |
| - | 16,664 | 16,664 | |
| TOTAL FUNDS | - | (14,489) | (14,489) |
continued...
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Rising Stars Young People Services CIO
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Clothworker Foundation Deutch Bank Green Hall Foundation Groundwork Tesco National Lottery Community Fund Resilience Fund Sport England Signs and Covid Safe Preparation PROJECTS Mental Health Project Loveburn TOTAL FUNDS |
Incoming resources £ 165,397 9,000 4,590 5,000 500 9,550 1,440 8,292 4,577 9,000 6,000 1,000 58,949 224,346 |
Resources Movement expended in funds £ £ (196,550) (31,153) (9,000) - (1,530) 3,060 (5,000) - (500) - (6,366) 3,184 (1,440) - (8,292) - (1,230) 3,347 (8,927) 73 - 6,000 - 1,000 (42,285) 16,664 (238,835) (14,489) |
|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
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| Rising Stars Young People Services CIO | ||
|---|---|---|
| Detailed Statement of Financial Activities | ||
| for the Year Ended 31 December 2021 | ||
| 31.12.21 | 31.12.20 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants | 88,178 | 63,055 |
| Other trading activities | ||
| Rent receivable | 16,480 | 56,633 |
| Total incoming resources | 104,658 | 119,688 |
| EXPENDITURE | ||
| Charitable activities | ||
| Hire of plant and machinery | 278 | 609 |
| Wages | 32,404 | 16,494 |
| Temp & Recruitment | 1,274 | 5,632 |
| Foods & Refreshment | 3,875 | 1,200 |
| Rent | 50,600 | 30,164 |
| Rates and water | 3,603 | 6,112 |
| Light and heat | 2,825 | 2,137 |
| Repairs and maintenance | 11,599 | 27,421 |
| Insurance | 1,643 | 1,806 |
| Stationery and printing | 714 | 57 |
| Household and cleaning | 945 | 1,035 |
| Uniform | 5,723 | 393 |
| Travel and subsistence | 23 | 149 |
| Events & Activities | - | 4,600 |
| Telephone | 892 | 1,165 |
| Other office costs | 520 | - |
| Depreciation | 406 | 1,143 |
| Equipment expensed | 8,775 | 3,105 |
| Advertising | 3,180 | 1,945 |
| 129,279 | 105,167 | |
| Support costs | ||
| Finance | ||
| Bank charges | 25 | 184 |
| Governance costs | ||
| Accountancy fees | 1,440 | 1,800 |
| Carried forward | 1,440 | 1,800 |
This page does not form part of the statutory financial statements
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Rising Stars Young People Services CIO
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2021 | ||
| 31.12.21 | 31.12.20 | |
| £ | £ | |
| Governance costs | ||
| Brought forward | 1,440 | 1,800 |
| Legal fees | 588 | 352 |
| 2,028 | 2,152 | |
| Total resources expended | 131,332 | 107,503 |
| Net (expenditure)/income | (26,674) | 12,185 |
This page does not form part of the statutory financial statements
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