2024-03-31-accounts

RISE SUPPORT

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

ANNUAL REPORT AND FINANCIAL STATEMENTS

2024

(FOR THE PERIOD ENDING 31 MARCH 2024)

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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	15

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INTRODUCTION

This is the 2024 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 2024.

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Independent Examiner’s Report

Report to the trustees of Rise Support Charity number 1186802 On accounts for the period ended 01 April 2023 – 31 March 2024 Set out on pages 15 - 19

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:

• examine the accounts under section 145 of the Charities Act,

• to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and

• to state whether particular matters have come to my attention.

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:

• the accounting records were not kept in accordance with section 130 of the Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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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: 31/01/2025

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Legal and administrative information

Period start date	01 April 2023
Period end date	31 March 2024
Charity name	Rise Support
Registered charity number	1186802
	(Country of incorporation is England & Wales)
Registered office	94 Colne Road, Burnley, Lancashire,
	England, United Kingdom, BB10 1LP
Trustees	Amer Ansar (Secretary and Trustee)
	Riffat Khan (Trustee)
	Rehan Yousaf (Trustee)
	Tauseef Liaquat (Trustee)
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:

• Policy Statement

• Diversity

• Role of the board of trustees

• Rules governing the appointment of trustees

• Eligibility to become a trustee

• Process for appointment of trustees

• Expectations of trustees

• Induction programme

• Ongoing support and training

• Review of trustee performance

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:

• Complaints handing policy

• Conflict of interest policy

• Equal opportunities policy

• Expenses policy

• Financial controls and records policy

• Health and safety policy

• Identifying a suspicious situation policy

• Investment policy

• Large legacies and donations policy

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• Monitoring and verifying the end use of charitable funds policy

• Pandemic planning policy

• Partner due diligence policy

• Privacy policy

• Reserves policy

• Risk management policy, including activities and spending outside England and Wales

• Safeguarding policy

• Transfer of charitable funds policy

• Trustee code of conduct policy

• Volunteer policy

• Vulnerable beneficiaries’ policy

• Website and social media policy

• Zakaat policy

Organisational Structure

The Trustees are responsible for the following:

• The day to day running of the Charity

• Organising events for propagation of the goals of the charity

• All administrative affairs connected to the charity

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

• Issues are addressed piecemeal with no strategic

reference

• Needs of beneficiaries not fully addressed

• Management difficulties

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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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• Reporting fully on projects

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

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 objective of the charity is, as outlined in Governing Body of the charity, is to provide people in financial hardship with relief, provide communities with support to clean water and to assist people in any part of the world who are victims of war or natural disaster.

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:

• The aims of the Charity continue to be charitable.

• The aims and work done give identifiable benefits to the charitable sector both directly and indirectly to individuals in need.

• The benefits are for the public, are not unreasonably restricted in any way and certainly not by ability to pay; and there is no detriment or harm arising from these aims or activities.

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:

• Unanimous agreement amongst all Trustees

• Ethical investments which are in line with the Charities aims and objectives.

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:

• Assisting with the packaging and distribution of vital aid.

• Proactively responding to the needs of vulnerable families in the UK.

• Contributing to the administration costs of the charity.

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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:

• Supported a bread factory in Lebanon where we provide bread to the most vulnerable.

• Travelled to Lebanon to visit our ongoing projects.

• Providing free education to illiterate children in Lebanon.

• Opened our education centre in Lebanon where we allow children to focus on their hobbies and provide children with free education.

• Installed water wells and water pumps internationally.

• Provided Ramadan food parcels and iftar meals internationally.

• Travelled to Lebanon to support families with food parcels, zakat, hot meals and winter aid.

• Completed numerous internal audits on our water projects in Pakistan.

• Travelled to Egypt to deliver emergency aid to those affected in neighbouring countries.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Financial review

Rise Support’s policy on reserves

The reserves are maintained at an adequate level to continue the charity's activities. The trustees have decided to continue the current activities and to improve on them when and as the budget permits.

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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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:

• Select suitable accounting policies and then apply them consistently.

• Observe the methods and principles in the Charities accounting policies

• Make judgements and accounting estimates that are responsible and prudent.

• State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.

• Prepare the financial statements on a going-concern basis unless it is inappropriate to presume that the charity will continue in operation.

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:

• There is no relevant information of which the charity’s independent examiner is unaware; and

• The trustees have taken all steps required to make themselves aware of any relevant information and to establish that the independent examiner is aware of such information.

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:

		SIGNED SECURELY
Signature		31/01/2025 at 12:02:49 PM UTC
Full name	Rehan Yousaf
Position	Trustee
Date	31 January 2025

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Financial Statements

SIGNED SECURELY

31/01/2025 at 12:02:49 PM UTC

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Financial Statements

SIGNED SECURELY 31/01/2025 at 12:02:49 PM UTC

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Financial Statements

Rise Support

Notes to the financial statements

For the accounting period 01 April 2023 - 31 March 2024

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 office address is 94 Colne Road, Burnley, Lancashire, BB10 1LP.

b) Basis of preparation

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

c) Public benefit entity

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

d) Going concern

There are no material uncertainties about the CIO's ability to continue as a going concern.

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 are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

2 Analysis of Income

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3 Analysis of expenditure

4 Staff Costs

The average head count of employees during the year was Nil (2023: Nil). No employee received employee benefits of more than £60,000 during the year (2023: Nil).

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

None of the trustees have been paid any remuneration or received any other benefits from an employment with Rise Support.

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

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