# **SUNRISE DIVERSITY Private Company Limited by guarantee without share capital** 

# **Charity Number 1192280 Company Number 08462590** 

## **Unaudited Financial Statements** 

**For the period 1 April 2022 to 31 March 2023** 



SUNRISE DIVERSITY
PRIVATE COMPANY
Limited by Guarantee without Share Capital
For the period l April 2022 to 31 March 2023
Charity Number
Company Number
1192280
8462590
Trustees..
Roy Tomlinson
David Chalmers
Annemarie Shillito
David Mason
Sophie Mccormack
Rose Young-French
Re
istered Office:
The Castle Centre
25 Castle Street
Barnstaple
Devon
EX31 IDR
Inde
endent Examiner
Exeter Community Accounting

Sunrise Diversity
Trustee Annual Report
Year ending 31 March 2023
This has been a challenging year for Sunrise Diversity but one where the combination of the
staff team, a growing group of volunteers and dedicated trustee5 have risen to challenges
we've faced.
The war in Ukraine has been an overriding influence through the year but supporting Ukrainian
refugees in addition to many others has stretched our capacity but also helped us learn and
grow. The scale of the i55ue and the positive and welcoming reaction of many of the public has
given us an opportunity to educate more widely, using p051tive examples. We've worked in
concert with other organisations to provide support and strengthened our relationships and
profile a5 a result. We've also learned hov4 needs can change swiftly over time through the arc
of the crisis and have adapted our services accordingly and have embraced new volunteets
from the body of people we 5UPPOrt which has been a wonderful development.
While we've witnessed great acts of kindness, we've also had to deal with members of the
public behaving in a les5 Posltive way when their stressed community has been stretched to
the limtts and they have reacted against new overnight arrivals on their doorstep with no
warning or explanations. Balance has been key.
i Gender identity issues have also domlnated the year and have come to the fo￿ in local
communities throtsgh opinions in the world of sport. We've intervened where there have been
prejudiced and unreasonable reactions and looked at ways to work with the community to
promote better understanding an(1 support.
Our unexpected learning has perhaps tome from coping with situations caused by the actions
of other parties in the mix. We've learned to challenge more strongly where we see other
organisations not carrying out the duties which are within their power. and we've seen the
need to hold local and natlonal government to account.
Our CEO left u5 early in the year for a new role with more time for her family and it gave us the
opportunity for a restructure. Trustees have stepped up to provide additional support during
this time which has been much appreciated. We've been very pleased to appoint Ana as Our
new CEO who has developed her career while at Sunrise and is now proving to be an
i empathetic but strong leader of our team.
nan¢ial Performance
The financial year 2022-2023 has been a difficult one for all tharitable institutions. The impact
of rising inflation, together with redu￿￿, or minimal. economic growth has led to a general
reluctance to spend or to give. This applies to both the public, private and the third sector,
including trusts and foundations, many of which have seen a huge rise in demand for their
I grants.
Sunrise has adapted to this new environment. We are sourcing new funding opportunities,
whilst continuing our core activities without interruption. It has not been easy and we are
indebted to our staff for their unfailing commitment to our aims. We ended the year close to
our budget, financially, but achieving many of our aims. We look fOn￿ard to a new yeaf of
challenge and expansion of our activities in North Devon.
Total income for the year from all activities was £204,99712022 £150,310), with expenditure of
£182,90612022 194,8061. The difference between the years is accounted for mainly by the
timing of a grant from the National Lottery Community Fund INLCFI, referred to in last year's
! report. We are mindful of our reliance on NLCF funding and we are undertaking a major
l exercise to source new funding opportunities in support of expanded planned activities in the
future.

Sunrise Diversity
Trustee Annual Report (contlnued)
Year ending 31 March 2023
Reserves Policy
The Trustees recognise that we must ensure that there are sufficient funds in resetve to cover
the costs of unexpected closure. The costs involved are mainly staff related, including
redundancy, but also include the c05t5 of cancelling contracts at short notice, our leased offices
and any overheads incurred during the period of closu￿.
Our policy is to ensure that we have sufficient funds to enable us to continue our work, whilst
winding up Commitments, for a minimum of six months. A5 at the year end, we are confident
that our reserves are sufficient to achieve this.
Declaration by Trustees
The Trustees have tonsidered the Report and Accounts in formal meetlng on
12109
23
and they were approved unanimouslv.
Signed by Chair and Secretary

SUNRISE DIVERSITY
PRIVATE COMPANY
Limited by Guarantee without Share Capital
Charity Number 1192280
Company Number 08462590
INDEPENDENT EXAMINATION REPORT
For the period l April 2022 to 31 March 2023
Basls 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 atcounts presented with those records.
It also include5 consideration of any unusual items or disclosures in the accounts.
and seeking explanations from you as 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 examlner's statement
In connection with my examination, no matter has come to my attention..
111 which gives me reasonable cause to believe that in any material respect the requirements..
- to keep accounting records in accordance with section 386 of the Companies Act 2006,. and
to prepare accounts with accord with the accounting records. comply with the accounting
requirements of section 396 of the Companies Act 2006 and the methods and principles
of the Statement of Recommended Practice.. Atcounting and Reporting by Charities
have not been met,. or
to which, in my opinion. attention whould be drawn in order to enable a proper understanding
of the accounts to be reached.
121
Exeter Community Accounting
Date: 31 August 2023

SUNRISE DIVERSITY
PRIVATE COMPANY
Llmlted by Guarantee without Share Capitsl
Charlty Number 1192280
Company Number 08462590
SYATEMENT OF FINANCIAL ACTIVITIES
Forthe period l Aprll 2022 to 31 March 2023
2022-2023 2022.2023
2022-2023
2022-2023
Unrestricted Restricted
Funds
Funds
T¢)tsls
Totals
INCOME
Donation5 & Grants
Fundraising
Charitable Activities
Total Income
85
204,255
204.340
148,765
658
742
658
204.997
1,545
150,310
204,255
EXPENDITURE
Expenditure on Charitable activities
Total Expendliure
179
179
182,727
182,727
182,906
182,906
194,806
194,806
Net Income
563
21,529
22,092
Transfers between funds
io
iioi
Net rnovernent in funds
573
21,519
22,092
144,4961
Reconciliation of funds
Total fund brought forward
66.274
13.162
79,436
123,932
Total funds carried forward
66,847
34,681
101,528
79.436
The statement of financial activities includes 811 gains and losses Tecogni5ed in the year.
All income and expenditure derivefrom continuing artivitie5.

SUNRISE DIVERSITY
PRIVATE COMPANY
Limited by Guarantee wSthout Share Capital
Charity Number 1192280
Company Number 08462590
BALANCE SHEET
As at 31st March 2023
202212023
202112022
FIXEDA55￿5
Tangible assets
CURRENT ASSETS
Bank alcs
Cash alc
Debtors
105,230
511
79,810
226
105.741
80.036
CURRENT LIABILtriES
Creditors.. amounts falling due within one year
860
822
2.531
600
Tax and National Insurance
600
4.213
TOTAL ASSEfs LESS CURRENT LIABILMES
101,528
79.436
Funds of the charlty
Unrestricted Funds
Restricted Funds
66,847
34,681
66.274
13,162
TOTAL FUNDS
101,528
79,436
DITectors' ResponslblltSes
For the year endin8 311312023 the company was entitled to exemption
from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its account5 for the year
in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complylng wlth the requirements
of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provision applicable to
companies subjert to the small companies. regime.
Approved and authorised by the directors on
David Mason Director

SUNRISE DIVERSITY
PRIVATE COMPANY
Limited by Guarantee wlthout Share Capital
Chathy Number 1192280
Company Number 08462590
DETAILED INCOME AND EXPENDITURE ACCOUNT
For the period l April 2022 to 31 March 2023
2022-2023
2021-2022
u￿re￿ritted Re￿Il¢led
Funds
Fund5
Totals
Tota15
INCOME
Donation5
85
657
85
657
105
7Z5
Grants
Unrestrirted Grants
Big Lottery
OPCC En8a¥ement Fee Repayment
Restricted Grant5
Total Income
1,820
131,490
11.4621
17,632
150,310
138,391
138.391
65,864
204,255
65.864
204,997
742
ExPEN￿T￿RE
Events I Including resourcesl
450
3,148
96
322
3,598
96
322
Service User payrnents
12,477
Governance
Trustee PayrTTrents
Bank Charges
Professional Fee5
112
Z68
14001
265
1,572
5.402
1,572
5.452
14.298
erational Costs
Core Running Expense5
Rent (Accommodation)
3,816
4,641
151
1,044
28
148,701
2,894
125
823
4,007
1.012
3,816
4.641
151
1,044
28
148,701
2,970
178
823
4,OD7
1.012
8,369
4.589
1,234
1,016
32
129,212
3.SBI
15,126
417
570
1.788
Y40
I￿54
14
190
1278
3.502
1.297
Insurantr & Business Rates
Repair5 and Renewals
Gr055 Salarie5
Ernployers Penslon ContrSbutions
Sessional workef5
Staff Travel & Expenses
Recruitment
Trainin8
Exeternal supe￿i510n
Office Equipment IPurcha5esl
Stationery & Postage
76
53
9D3
376
279
2,504
957
734
4,330
903
376
279
2,504
957
734
4,330
Telephone
IT software
Website & internet
Accountdncy & Payroll 5eNces
Evaluation
3,7C#)
180.508
129
177.325
177.454
Total Expendlture
179
182.727
182.906
194.806
SurpluslDefiotlfor the yeor
563
21,529
44,496

SUNRISE DIVERSITY
PRIVATE COMPANY
Limited by Guarantee wlthout Share Capltsl
NOTES TO THE FINANCIAI STATEMENTS
For the perfod l Aprll 2022 to 31 Mar¢h 1023
AccountlnR Pollcle5
St*ement of Compllance
The financial staiements have been preparèd in accordance with Accouniin8 and Reportlng by Charlties.. Statement of Recommended Practice
3ppIic3ble to charities preparin8 their attounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of
Ireland IFRS 1021 leffective l January 20151- ICh3ritiesSORP IFRS 10211, the Financial REp¢rting Standard applicable in the UK and Republic of
Ireland IFRS 1021 and the CharitiesAct 2011.
The Charlty meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or
ttansadion value unle5SOtherwise stated in the re￿an¢ 袢ountln8 polity notelsl.
Golnz Concern
The trusteesconsiderthat there are no m3terial uncertaintlesabout the charity's ability to wntinue asa goin6 concern nor any 518nificant
areasof uncertaintythat attectthe c3rryin8value of assets held by the Charity.
Income
All Income is reco8nised once rhe charty hasentitlement to the income, rt is prob3ble that the inwme wlll be recewed and the amount of the
income receivable can be measu￿4 reliabty.
Restru￿5 Ewended
l expenditure is reco8nlsed once there is a legèl or constructive obli83tion to thai expenditufe. it Is probable settlement is required and the
amount can be measured reli30ty. All cost5 are allocated to the applicable expendi¢ure heading that ag8regate Similar cost5 to that cate80ry.
WhÈre costs cannot be directly attributed to particular headings ihey have been allocated on a basis coDsi5tent with the use of resour￿5,
with central staff c05t5 allocated on the basis of time spent, and depreciation charges alloièted on the portion of the asset's use. Other
support ¢osts a￿ all¢¢ated based on the Spread of staff costs.
Charitable Activitle5
Charitable expenditure wmprises those costs incurred by ihe ¢harlty in the delivery of its adivitie5 and 5ervicesfor it5 beneficiaries. It
includes both cost5 that can be allLKated directly to such artivlties and those tostsof an indirect nature necessary to support them.
Support Costs
Support Costs include central funaions and have been allocated to activty cost cate80r￿S on a b35is con51Stent wifh the use of resources, ftsr
example, allocatin8 property costs by floor areas or per capita, staff c05t5 by the time Spent and other costs by thelr usa8e.
Go¥ernan£e costs
These include ihe costs attrlbutable to the charity's compliance with constrtuttonal and statutory requirements. iniluding audit, strate8lC
management and trustees, meetings and reimbursed expenses.
TanZIb￿ Nxed A$5ets
Individual tixed a55et5are Initialty recorded at cost.
Depreciaiion Is calculated $0 as to write Dff the c05t of valuation of an asset, leu Its resldual value, over the useful econornic life of th3t asset
as follows..
Firtures & Firtlngs
25% pa #ral8ht line
Tradedebtors
Trade debtors arE amounts due from customer5for 5ervice5 performed In the ordinary course of business. Trade clebtors are recognised
Initially at the iransactlon price. They are subsequently measured at amortised cost usin8 the effe￿￿e Interest method, les5 provision for
Impairrnent. A provision for the impairment of trade debtors is e5tabli5hed when there Is obleciive evidence that Ihe Charity will not be able
tocolleci all amounts due attordlng to the ori8inal termsof the receivables.
C45h and Cash Equivalent
Cash and cash equlvalents comprise cash on hand and call depDsIts. and other shorr-rerm highly Ilquid invertmentsthat are readily
convertible to a knowft amount of cash and are subject to an in518nificant rlsk of change in value.

SUNRISE DIVERSITY
PRIVATE COMPANY
Limited by Guarantee without Share Capltal
NOTES TOTHE FINANCIAL STATEMENfs cont'd
For the pertod IAprll ZOZZ to 31 March 1013
Trède Qedltors
Trade ¢redltors are obllgatlons ro pay for 8oods or servlces that have been acquired In the ordinary course of businesslrom suppliers.
Accounts payable arè tlasslfied as currEni liabilities if ihe tharity does not have an unconditional i18ht. at the end of the reporting peri4d. to
defer settlement of the Creditor lor at least t%vel¥e months after the reoortinR date.
Unrestricted income fund5 are general fund5 th* are available for use at the trustees, disrretion in furtherance of the Objective5 of the
Oe518nated funds are unrestricted fund5 Set a￿de for specrfic purposes atthe discretion of the trustees.
Restricted income fund5are those donated for use in a particular area or for specific purposes, the use of which 15 restricted to th3t are3 or
purpose.
Tru5tee5 Remuneration & Benefits
Durln8 the year irusrees received no remuneration12022- £112.20)
Independent Examlnatlon
202212023 202U2022
Fee5 payable to the independent examiner..
Independent examlnarion ol the financial starements
Other a(countantV SErvices
i(x)
5(N)
600
CurrentA55ets
Bank account5 in hand
Cash account In hand
Debtors- Due ￿thIn one year
105,230
511
79,810
226
105,741
80,036
Current Uèbllltles
Trade creditors
Tax and Naiional Insurance
8f
2531
822
4,213
Staff costs
The monthly average numbèr of persons lincludinÉ senior rnanagement teaml èmployed bythè
charity durin8 the year expressed asfull time equivalents was a5 follows..
202V2023 202112022
Mana8emÈDt and administration
No employee received ernolumentsof more than EFA),OL¥) durin£ the year
Tay•tlon
The Iharity is a registered charity i5thefefore exemptfrom taxatio
Related party trnnsa¢tlon$
No related party transaction5

SUNRISEDNERsir
PRWATECOMPANY
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