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2021-03-31-accounts

RISE SUPPORT

REGISTERED CHARITY NUMBER: 1186802 (REGISTERED IN ENGLAND AND WALES)

ANNUAL REPORT AND FINANCIAL STATEMENTS

2021

(FOR THE PERIOD ENDING 31 MARCH 2021)

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CONTENTS

PAGE
Introduction 3
Independent examiner’s report on the accounts 4
Trustees’ annual report for the period 6
Financial statements 28

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INTRODUCTION

This is the 2021 annual report and financial statements of the Rise Support trustees. It is presented together with the trustees’ annual report for the period, independent examiner’s report on the accounts and the financial statements for the period ended 31 March 2021.

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Independent Examiner’s Report

Report to the trustees of Rise Support Charity number 1186802 On accounts for the period ended 06 December 2019 – 31 March 2021 Set out on pages 28 - 32

Respective responsibilities of trustees and examiner

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (‘ICAEW’).

It is my responsibility to:

Basis of independent examiner’s statement

My examination was conducted in accordance with 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.

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

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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.

Signed: Omar Khan 23 Cadbury Road Moseley Birmingham B13 9BH

Dated: 30/01/2022

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Legal and administrative information

Period start date 06 December 2019
Period end date 31 March 2021
Charity name Rise Support
Registered charity number 1186802
(Country of incorporation is England & Wales)
Registered office 43 St Pauls Road, Nelson, Lancashire,
England, United Kingdom, BB9 0QY
Trustees Mr Amer Ansar (Secretary and Trustee)
Miss Riffat Khan (Trustee)
Mr Rehan Yousaf (Trustee)
Bankers Barclays Bank PLC, 72/78 St James
Street, Burnley, Lancashire
Accountants Refer to independent examiner’s report on the accounts

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Structure, governance, and management

Type of governing document

Constitution

How the charity is constituted

Charitable Incorporated Organisation (CIO)

Trustee selection methods

As explained in the governing document

Additional governance details

Policies and Procedures

Policies and procedures adopted by the Charity for the induction and training of trustees include:

In addition to the above, the Charity has designed, documented, implemented, and reviewed (bi-annually) the following polices to ensure the Charity adheres and operates to a stringent governance and compliance framework:

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Organisational Structure

The Trustees are responsible for the following:

Related party transactions

There are no related party transactions to disclose during the period.

Principal Risks and Uncertainties (Risk Management Policy)

The trustees have considered the material risks facing the charity and have put in place mitigating controls to address these risks.

During the period, the trustees identified the following key risks and the measures to be taken to address the key identified risks:

Governance risks

Potential risk: The charity lacks direction, strategy, and forward

planning

Potential impact: - The charity drifts with no clear objectives, priorities,

or plans

reference

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Steps to mitigate risk: - Creation of a strategic plan which sets out the key
aims, objectives and policies
- Creation of financial plans and budgets
- Close monitoring of financial and operational
performance
- Regular feedback obtained from beneficiaries and
funders
Operational risks
Potential risk: Service provision – customer satisfaction
Potential impact: - Beneficiary complaints
- Loss/reduction of donations
Steps to mitigate risk: - Agreement of quality control procedures
- Implementation of complaints procedures
- Benchmarking of services and implementation of
complaints review procedures
Financial risks
Potential risk: Reserves policies
Potential impact: - Lack of funds or liquidity to respond to new needs or
requirements
- Inability to meet commitments or planned
objectives
Steps to mitigate risk: - Linkage of reserves policy to business plans,
activities and identified financial and operating risk
- Regularly review reserves policy and reserve levels
Environmental and external factors
Potential risk: Relationship with funders
Potential impact: - Deterioration in relationship may impact on funding
and support available
Steps to mitigate risk: - Ensuring regular contact and briefings to donors

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Compliance risk (law and regulation)

Compliance risk (law and regulation)
Potential risk: Compliance with legislation and regulations
appropriate to the activities, size, and structure of the
charity
Potential impact: - Fines and penalties from regulators
- Reputational risks
Steps to mitigate risk: - Identification of key legal and regulatory
requirements
- Allocation of responsibility for key compliance procedures

Future plans

Since inception Rise Support has grown at an exponential rate. Its future strategy is to ensure it further continues and strengthens what it has achieved in the past (refer to achievements during the year section) and to ensure it effectively achieves its objectives.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Objectives and activities

Summary of the objects of the charity set out in its governing document

The relief of financial hardship for the public benefit anywhere in the world by making grants of funding to:

To relieve the needs of people suffering disability, ill health or poor mental health, their families, and carers in the UK for the public benefit by supporting recreational and social opportunities.

The relief and assistance of people in any part of the world who are the victims of war or natural disaster, trouble, or catastrophe for the public benefit by grant funding support to providing necessities.

Public benefit statement

The trustees have referred, reviewed, and adhered to the guidance issued and contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives, and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. The Trustees have concluded that:

Additional details of objectives and activities

Investment policy

Should the Charity decide to invest as a means of generating additional revenue, all investment decisions will be discussed amongst all Trustees.

All investments undertaken by the Charity will only be undertaken on the following conditions:

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Contribution made by volunteers

The Charity recognises the contribution made by its volunteers and is appreciative of this. Examples of contributions made by the Charity’s volunteers during the year include:

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Achievements and performance

Summary of the main achievements of the charity during the year

An exceptional, productive, and beneficial year for the charity, summarised as per below:

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Winter Warmth campaign

Helping the homeless with winter essentials to help combat the plummeting temperatures.

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Uganda 2020 – installation of 5 water wells and the construction of 3 education facilities (replacing previous structures which were made from straws and sticks)

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COVID-19 response – through referrals from AGE UK and Lancashire Women we provided vulnerable individuals with PPE and food parcels on a weekly basis.

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Supplied Pendle side Hospice with PPE equipment and daily essentials

Provided hospital staff across the Northwest with freshly baked pizza’s, including Pendle Community Hospital

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Provided Easter Eggs to NHS staff and vulnerable families who were self-isolating due to lock down restrictions in the UK.

Provided iftar meals and Ramadan food parcels to hundreds of families in Pakistan.

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Travelled to Lebanon to support families who were affected by the Beirut blast in August 2020.

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Installed 50 deep water wells and 200 hand pumps in Pakistan and 6 deep water wells in Uganda.

Provided 100 wheelchair users with wheelchairs who were unable to afford the equipment.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Financial review

Rise Support’s policy on reserves

The Trustees regularly review the reserves of the Charity. Their policy is to hold enough funds to meet minimum of three months operating costs of the Charity.

Funds materially in deficit

There are no funds materially in deficit –please refer to the annual accounts for further details.

Principal sources of funding

The principal source of funding is from individual donors from within the UK who generously donate to the charity and respond to appeals.

Further financial review

Please refer to the Annual accounts for the period with regards to the charity’s principal sources of funds/income and expenditure, in addition to how expenditure has supported the key objectives of the charity.

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Income and expenditure

Income

In this period Rise Support generated income of £262,487, with most of the donations received as general donations (Sadaqah) - 38%.

Donations received for the operational activities (administration costs) of the Charity amounted to £17,902 during the period. Since its establishment Rise Support has covered its administration costs by voluntary donations specifically donated for these purposes. Going forward, Rise Support will also use Gift Aid, claimed from HMRC, to cover such costs. The Charity has not expended any other donations to cover its operational costs and to date has not made a claim for Gift Aid.

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Expenditure

During the period Rise Support expended £189,764. These funds were used to help the Charity achieve its objectives, with the primary expenditure being expended on general donations - Sadaqah (£60,496) and water projects (£55,183). Due to COVID-19 restrictions the Charity was unable to expend all its funds but as the lockdown eases Rise Support will fulfil its obligations based on the charity’s goals.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Other information

Overall, an exceptional year for the Charity for the period ended 31 March 2021, as detailed per the Achievements and Performance section of the Trustees’ Annual Report.

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Declaration & statement of Trustees’ responsibilities

The trustees declare that they have approved the trustees’ annual report for the period above.

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and Accounting Standards.

This requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the charity, the incoming resources, and the application of resources, including the income and expenditure of the charity for the year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any given time the financial position of the charity and which enable them to ensure that the financial statements are compliant. 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 irregularities.

In so far as the trustees, individually, are aware:

The trustees are responsible for the maintenance and integrity of the financial information included on the charity’s website.

The trustees’ annual report for the period has been approved by the trustees on date and signed on their behalf by:

Signature
Full name Amer Ansar
Position Secretary and trustee
Date 30 January 2022

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Finoncial Statements RISE SUPPORT Statement of flnanf lal actlv6tle$ Ilncorporatlnz an Income and expend￿Ure account) For the accounting period 06 December 2019. 31 March 2021 31 March 2021 Total 05 December 2019 Total Not• Unr•rtrirt•d R•Jtrict•d Income DonatlOn5 and legacies 116.750 145.n7 261487 Total Income 115,750 145,737 262087 Expenditure on.. Raising funds 7,652 7.652 182,1 69,921 Il2.191 Total expenditurq 77,573 112,151 189.754 Net incorne I lexpenditurel for the year R•conciliition of funds: Total funds brouEht forward Total fund$ ¢arri*d forward 39,177 33,546 F4721 41,657 33, 75,204 Approved bythe trustees on 30 January 2022 and signed on their behalf by Amer Ansar Secretary and trustee 28

Finoncial Statements RISE SUPPORT Balance $heet As at 31 March 2021 31 March 2021 05 December 2019 F￿•d a$¥•t¥: Tansiblg 49¥•t¥ Current assets: Debtors Cash at bank and in hand 75,204 75.204 Liabilities Creditors= amount5 fallin8 due within one year Nqt ¢urrqnt ag¥•t¥ Totsl asy•ty l•u curr•nt li•bilits•¥ 75,201 Creditors= amounts falling due after one year 75, Th• funds of th• charity: Restricted income funds 33.546 Unrestricted income funds Totsl charlty funds 41.657 75.2fy1 Approved by the trustees on 30 January 2022 and signed on their behalf bv llthLY Amer An5ar 5etretary and trustee 29

Financial Statements

Rise Support

Notes to the financial statements

For the accounting period 06 December 2019 - 31 March 2021

1 Accounting policies

a) Statutory Information

Rise Support is a Charitable Incorporated Organisation (CIO) and is incorporated in the United Kingdom. The registered office address is 43 St Pauls Road, Nelson, Lancashire, BB9 0QY.

b) Basis of preparation

The financial statements have been prepared in accordance with 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 (FRS102) - (Charities SORP FRS102), the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

c) Public benefit entity

The CIO meets the definition of a public benefit entity under FRS 102.

d) Going concern

The trustees consider that there are no material uncertainties about the CIO's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

e) Income

Income is recognised when the Charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Grants and donations are only included in the Financial Statements when the general income recognition criteria are met as per FRS 102 SORP.

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Financial Statements

Notes to the financial statements 1 Accounting policies (continued)

f) Donations of gifts, services, and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the Charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated, gifts, professional services and donated facilities are recognised based on the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

g) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other income received or generated for the charitable purposes which are not held for any particular purpose.

h) Expenditure

Liabilities is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.

2 Analysis of Income

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3 Analysis of expenditure

4 Staff Costs

There were no employees for the period as such no employees were paid a salary.

5 Taxation

No corporation tax has been provided in the financial statement as Rise Support is a registered charity and is within the exemption granted by Section 505 of the Income and Corporation Taxes Act 1988.

6 Related party transactions

All trustees are volunteers, none of the trustees were paid any remuneration or received any other benefits from an employment with Rise Support.

No trustee expenses have been incurred.

There have been no related party transactions in the reporting period.

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