2023-03-31-accounts

ARISING FUTURES

FINANCIAL ACCOUNTS FOR THE PERIOD ENDED 31[ST] MARCH 2023

REGISTERED CHARITY NUMBER: 1200517

ARISING FUTURES

Financial Statements for the year ended 31 MARCH 2023

INDEX

PAGE NUMBER

Contents

1 -4 Trustees Annual Report 6 -7 Receipts and Payments 8 Statement of Assets and Liabilities

ARISING FUTURES

Reference and administrative details

Charity Name: ARISING FUTURES Registered charity number: 1200517

Charity’s principal address

9 PRESCOTT STREET BOLTON BL3 3LZ

The Trustees who served during the period are as follows: Sugra Akbar – Appointed 29[th] September 2022 Mehwish Jabeen – Appointed 29[th] September 2022 Shafina Iqbal – Appointed 29[th] September 2022

Structure, governance and management

Type of governing document: Constitution dates 29th September 2022 The charity is Charitable Incorporated Organisation

Trustee selection methods

Individuals with the appropriate skills, knowledge and experience needed for the effective administration of the charity.

Policies and procedures:

Policies have been provided for: Induction and Training Trustee Code of Conduct Safeguarding Equality and Diversity Confidentiality and Data Protection

Objectives and Activities

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

The object of the CIO is to works towards the prevention of relief of poverty. Providing advocacy, advice and information to the public and communities.

The charity’s organisational structure and wider network in which the charity works.

The charity operates in:

Bolton, Bury, Lancashire, Manchester City, Oldham, Rochdale, Salford City, Tameside, Trafford, Wigan

It works with local communities and networks with organisations from the various Boroughs to develop partnership working and bringing change for the beneficiary

ARISING FUTURES

Financial Statements for the year ended 31 MARCH 2023

Main activities undertaken for the public benefit in relation to these objects

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The charity is newly set up and in the process of applying for funding to set up groupwork activities. .

Public benefit

In setting our objectives and planning our activities, the trustees have considered the Charity Commission's general guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

Main achievements

Securing volunteers for the project within the first 6 months of incorporation. The charity currently has 3 volunteers working on developing the work until funding is secured .

FINANCIAL REVIEW

Charity’s policy on reserves

The trustees have considered the level of unrestricted reserves that would be appropriate for the charity to maintain. This will be 50% of the annual income for the second year and will be reviewed as the charity develops.

At the year ended 31 March 2023 the Charity’s bank funds amounted to £5 which was unrestricted.

The reserve policy and level of reserves required will be reviewed on a regular basis by the trustees during their meetings.

The trustees declare that they have approved the trustees report above.

Signed on behalf of the charity’s trustees

Full Name: Sugra Akbar

Trustee

Date: 05[th] April 2023

ARISING FUTURES

FOR THE PERIOD 22 SEPTEMBER 2022 - 31 MARCH 2023

RECEIPTS AND PAYMENTS ACCOUNTS

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		Unrestricted	Unrestricted		Restricted		Total
			funds		funds		funds
			£		£		£
Receipts
Grants received			-		-		-
Donations			5		-		5
Total receipts			5		-		5
Payments
Charitable	services		-		-		-
Wages, Salaries & NI			-		-		-
Sub total			-		-		-
RECEIPTS AND PAYMENTS
Asset and	investment purchases
				-	-	-
Sub total				-	-	-
Total payments				-	-	-
		Net of receipts/(payments)		5	-	5
		Transfers between funds		-	-	-
		Cash funds last year	end	-	-	-
		Cash funds this year	end	5	-	5
					Year
					Ended
					31.03.2023
CASH FUNDS		Unrestricted	Restricted		Total Funds
					£
Bank
		5	-		5
	Total cash funds	5	-		5
Liabilities	: 0		-

ARISING FUTURES

FOR THE PERIOD 22 SEPTEMBER 2022 - 31 MARCH 2023

Signed on behalf of the trustees:

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Signed on behalf of all the trustees:

Signature:

Sugra Akbar Trustee

05[th] April 2023

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