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2022-12-31-accounts

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 2022

for

Rising Stars Young People Services CIO

Abacus Tax Consultants Ltd Chartered Accountants The Colmore Building 20 Colmore Circus Birmingham West Midlands B4 6AT

Doc ID: a5f64bc28fae7c17646cfd50171b368e74d9d32e

Rising Stars Young People Services CIO

Contents of the Financial Statements for the Year Ended 31 December 2022

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 14
Detailed Statement of Financial Activities 15 to 16

Doc ID: a5f64bc28fae7c17646cfd50171b368e74d9d32e

Rising Stars Young People Services CIO

Report of the Trustees

for the Year Ended 31 December 2022

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 2022. 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

Doc ID: a5f64bc28fae7c17646cfd50171b368e74d9d32e

Rising Stars Young People Services CIO

for the Year Ended 31 December 2022

Report of the Trustees

OBJECTIVES AND ACTIVITIES Significant activities

Brief overview

Rising Stars Young People Services CIO continues to support over 1000 young people from ages 4 to 16 across the inner city of Birmingham every week. All three of our sport development centres are running weekend and evening sporting activities for boys and girls. Our education centre is focusing on delivering life skills workshops for children and young adults. The sports facility are being used regularly by other community organisation and schools.

Mental Health

The organisation continues our push towards better mental health for young people, part of a five-year project we continue to bring awareness to the community. Many small funders have also contributed to our "Shoot For Better Mental Health." The project is delivered by our qualified mentors and sports coaches. Rising Stars have attracted many participants through the weekly sporting activities and then gradually identifying and delivering workshops to those who are vulnerable.

The workshops focussed on bullying, harassment, county lines, self-harm, substance abuse and other issues which the young people are facing in the area but are not sure how to deal with it. We are getting more young people to identify their feelings, open up and talk to professionals, friends and family members instead of keeping it in. Our team of mentors and coaches are very approachable and they maintain confidentiality at all times.

Girls Football

A huge initiative to get more female participants playing football. After a community consultation, parents and young people have voiced that more female only session are needed in the area so girls feel safe whilst playing sports after school hours. With the help of Health Exchange, Sported and other funders, Rising Stars have successfully launched girls only sporting activities including football, cricket and tennis. The project is lead by a female co-ordinator and qualified female coaches.

Multi-sports/fitness

Football has been one of our core sports for many years, however we are increasing and expanding on the activities we deliver to young people weekly. Thank you to the National Lottery Fund and other funders who have funded multiple activities such as cricket, athletics and bike riding. This will allow the organisation to grow and support more young people through various activities.

Warm space/Homeless

We continue to help the less fortunate people who live on the streets of Birmingham, young people and parents help prepare meals and we hand them out across the city. Our warm space program gives people the opportunity to come and speak to our staff during allocated days and times in our centre, we help them with housing, employment and general support.

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Rising Stars Young People Services CIO

Report of the Trustees for the Year Ended 31 December 2022

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 N Ansari Trustee George P Kodiatt Trustee Israil Ali Trustee Shah Alam Trustee

Company Secretary

Independent Examiner

Mr Monzur Sumon MA, FCCA, ACA, CTA Abacus Tax Consultants Ltd Chartered Accountants The Colmore Building 20 Colmore Circus Birmingham West Midlands B4 6AT

Approved by order of the board of trustees on 14 September 2023 and signed on its behalf by:

Miss Nadira N Ansari - Trustee

Page 3

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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 2022.

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. 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

  4. 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 MA, FCCA, ACA, CTA

Abacus Tax Consultants Ltd Chartered Accountants The Colmore Building 20 Colmore Circus Birmingham West Midlands B4 6AT

14 September 2023

Page 4

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Rising Stars Young People Services CIO

Statement of Financial Activities

for the Year Ended 31 December 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
2
Total
EXPENDITURE ON
Charitable activities
GENERAL
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
fund
£
14,910
34,310
49,220
45,767
3,453
(14,489)
(11,036)
Restricted
funds
£
55,334
-
55,334
37,334
18,000
-
18,000
31.12.22
Total
funds
£
70,244
34,310
104,554
83,101
21,453
(14,489)
6,964
31.12.21
Total
funds
£
88,178
16,480
104,658
131,332
(26,674)
12,185
(14,489)

The notes form part of these financial statements

Page 5

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Rising Stars Young People Services CIO

Balance Sheet

31 December 2022

31.12.22 31.12.21
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 6 1,299 - 1,299 1,624
CURRENT ASSETS
Debtors 7 2,506 - 2,506 -
Cash at bank and in hand 6,638 18,000 24,638 12,352
9,144 18,000 27,144 12,352
CREDITORS
Amounts falling due within one year 8 (3,876) - (3,876) (4,211)
NET CURRENT ASSETS 5,268 18,000 23,268 8,141
TOTAL ASSETS LESS CURRENT
LIABILITIES 6,567 18,000 24,567 9,765
CREDITORS
Amounts falling due after more than one
year 9 (17,603) - (17,603) (24,254)
NET ASSETS (11,036) 18,000 6,964 (14,489)
FUNDS 11
Unrestricted funds (11,036) (24,909)
Restricted funds 18,000 10,420
TOTAL FUNDS 6,964 (14,489)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

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Rising Stars Young People Services CIO

Balance Sheet - continued

31 December 2022

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 14 September 2023 and were signed on its behalf by:

Nadira N Ansari - Trustee

The notes form part of these financial statements

Page 7

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Rising Stars Young People Services CIO

Notes to the Financial Statements for the Year Ended 31 December 2022

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.

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Rising Stars Young People Services CIO

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
31.12.22 31.12.21
£ £
Rent receivable 34,310 16,480
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.12.22 31.12.21
£ £
Depreciation - owned assets 325 407
Hire of plant and machinery 278 278

3. NET INCOME/(EXPENDITURE)

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Total
EXPENDITURE ON
Charitable activities
GENERAL
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
Unrestricted
fund
£
67,601
16,480
84,081
121,175
(37,094)
12,185
(24,909)
Restricted
funds
£
20,577
-
20,577
10,157
10,420
-
10,420
Total
funds
£
88,178
16,480
104,658
131,332
(26,674)
12,185
(14,489)

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Rising Stars Young People Services CIO

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

6. TANGIBLE FIXED ASSETS

6. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£ £ £
COST
At 1 January 2022 and
31 December 2022 1,536 1,638 3,174
DEPRECIATION
At 1 January 2022 750 800 1,550
Charge for year 157 168 325
At 31 December 2022 907 968 1,875
NET BOOK VALUE
At 31 December 2022 629 670 1,299
At 31 December 2021 786 838 1,624
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£ £
Other debtors 2,506 -
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£ £
Trade creditors - 1,800
Social security and other taxes 3,876 2,411
3,876 4,211

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Rising Stars Young People Services CIO

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR MORE THAN ONE YEAR
31.12.22 31.12.21
£ £
Bank loans (see note 10) 17,603 24,254
10. LOANS
An analysis of the maturity of loans is given below:
31.12.22 31.12.21
£ £
Amounts falling due between two and five years:
Bank loans - 2-5 years 17,603 24,254
11. MOVEMENT IN FUNDS
Net
movement At
At 1.1.22 in funds 31.12.22
£ £ £
Unrestricted funds
General fund (14,489) 3,453 (11,036)
Restricted funds
Mental Health Project
- 13,500 13,500
Heart Of England Foundation - 500 500
Main Grant Sport England - 4,000 4,000
- 18,000 18,000
TOTAL FUNDS (14,489) 21,453 6,964

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Rising Stars Young People Services CIO

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Mental Health Project
Birmingham Sports Small Grants
Heart Of England Foundation
Main Grant Sport England
Sported-Equipment
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Signs and Covid Safe Preparation
PROJECTS
Mental Health Project
Loveburn
TOTAL FUNDS
Incoming
resources
£
49,220
39,154
2,460
3,470
9,750
500
55,334
104,554
At 1.1.21
£
12,185
-
-
-
-
-
12,185
Resources
expended
£
(45,767)
(25,654)
(2,460)
(2,970)
(5,750)
(500)
(37,334)
(83,101)
Net
movement
in funds
£
(37,094)
3,347
73
6,000
1,000
10,420
(26,674)
Movement
in funds
£
3,453
13,500
-
500
4,000
-
18,000
21,453
At
31.12.21
£
(24,909)
3,347
73
6,000
1,000
10,420
(14,489)

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Rising Stars Young People Services CIO

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

11. MOVEMENT IN FUNDS - continued

Comparative 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
Incoming
resources
£
84,081
4,577
9,000
6,000
1,000
20,577
104,658
Resources
expended
£
(121,175)
(1,230)
(8,927)
-
-
(10,157)
(131,332)
Movement
in funds
£
(37,094)
3,347
73
6,000
1,000
10,420
(26,674)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Signs and Covid Safe Preparation
PROJECTS
Mental Health Project
Loveburn
Heart Of England Foundation
Main Grant Sport England
TOTAL FUNDS
Net
movement
At
At 1.1.21
in funds
31.12.22
£
£
£
12,185
(33,641)
(21,456)
-
3,347
3,347
-
73
73
-
19,500
19,500
-
1,000
1,000
-
500
500
-
4,000
4,000
-
28,420
28,420
12,185
(5,221)
6,964

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Rising Stars Young People Services CIO

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

11. 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
Signs and Covid Safe Preparation
PROJECTS
Mental Health Project
Loveburn
Birmingham Sports Small Grants
Heart Of England Foundation
Main Grant Sport England
Sported-Equipment
TOTAL FUNDS
Incoming
resources
£
133,301
4,577
9,000
45,154
1,000
2,460
3,470
9,750
500
75,911
209,212
Resources
expended
£
(166,942)
(1,230)
(8,927)
(25,654)
-
(2,460)
(2,970)
(5,750)
(500)
(47,491)
(214,433)
Movement
in funds
£
(33,641)
3,347
73
19,500
1,000
-
500
4,000
-
28,420
(5,221)

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2022.

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Rising Stars Young People Services CIO
Detailed Statement of Financial Activities
for the Year Ended 31 December 2022
31.12.22 31.12.21
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 11,010 -
Grants 59,234 88,178
70,244 88,178
Other trading activities
Rent receivable 34,310 16,480
Total incoming resources 104,554 104,658
EXPENDITURE
Charitable activities
Hire of plant and machinery 278 278
Wages 30,989 32,404
Temp & Recruitment 3,392 1,274
Foods & Refreshment 977 3,875
Rent 11,126 50,600
Rates and water 5,331 3,603
Light and Heat 3,171 2,825
Repairs and maintenance 6,887 11,599
Insurance 744 1,643
Stationery and Printing - 714
Household and Cleaning 992 945
Uniform - 5,723
Travel and Subsistence 580 23
Penalty 85 -
Telephone 651 892
Other office costs 1,369 520
Depreciation 325 406
Equipment expensed 12,200 8,775
Advertising and PR 2,136 3,180
81,233 129,279
Support costs
Finance
Bank charges 1 25
Governance costs
Accountancy fees 1,680 1,440
Carried forward 1,680 1,440

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 2022
31.12.22 31.12.21
£ £
Governance costs
Brought forward 1,680 1,440
Legal fees 187 588
1,867 2,028
Total resources expended 83,101 131,332
Net income/(expenditure) 21,453 (26,674)

This page does not form part of the statutory financial statements

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Audit trail

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SK#R1147-Charity accounts (final)-MS-20230914-183425-771 Title SK#R1147-Charity ...14-183425-771.pdf File name Document ID a5f64bc28fae7c17646cfd50171b368e74d9d32e Audit trail date format DD / MM / YYYY Status Signed 20 / 09 / 2023 Sent for signature to Miss Nadira N Ansari (info@rsyps.org) 17:58:51 UTC+1 from tax@abacus-tax.co.uk IP: 217.67.57.7 22 / 09 / 2023 Viewed by Miss Nadira N Ansari (info@rsyps.org) 14:16:14 UTC+1 IP: 37.111.213.26 22 / 09 / 2023 Signed by Miss Nadira N Ansari (info@rsyps.org) 14:37:10 UTC+1 IP: 31.94.10.57 22 / 09 / 2023 The document has been completed. 14:37:10 UTC+1

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