## **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** 1 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** **2** |||**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: 3 **Signed on behalf of all the trustees:** Signature: Sugra Akbar Trustee 05[th] April 2023 **4**