Trustees Annual Report 2024
| Report period start date | 2023-07-31 |
|---|---|
| Report period end date | 2024-07-31 |
| Charity name | Raise: A Celebration of Giving |
| Charity number | 1202899 |
| Address | 11 Canalside Square, London, N1 7FN |
| Trustee names | Adam Jones, Rahul Shah, Abraham Tolley, Joseph James Benton, George Alexander Rosenfeld |
| Governing document type | CIO - Foundation |
| Charity constitution type | CIO |
| Trustee selection method | Elected by serving trustees |
| Charitable objects | THE OBJECT OF THE CIO IS TO PROMOTE THE VOLUNTARY SECTOR FOR THE PUBLIC BENEFIT, IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF RESOURCES THAT SUPPORT AND ENCOURAGE THE PUBLIC TO VOLUNTEER AND CONTRIBUTE TO THE VOLUNTARY SECTOR. THE ‘VOLUNTARY SECTOR’ MEANS CHARITIES AND VOLUNTARY ORGANISATIONS: CHARITIES ARE ORGANISATIONS, WHICH ARE ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES. VOLUNTARY ORGANISATIONS ARE INDEPENDENT ORGANISATIONS, WHICH ARE ESTABLISHED FOR PURPOSES THAT ADD VALUE TO THE COMMUNITY AS A WHOLE, OR A SIGNIFICANT SECTION OF THE COMMUNITY, AND WHICH ARE NOT PERMITTED BY THEIR CONSTITUTION TO MAKE A PROFIT FOR PRIVATE DISTRIBUTION. VOLUNTARY ORGANISATIONS DO NOT INCLUDE LOCAL GOVERNMENT OR OTHER STATUTORY AUTHORITIES. |
| Trustees have had regard tothe guidance issued by the Charity Commission on public beneft? |
Yes |
| Summary of the main activities: Raise has had a successful 12 months. The National Team, consisting of 10 student volunteers led by student director Rahul Shah, coordinated our 7 chapters, (of which UCL was new for this year) helping them engage 100s of students in our philosophy of deliberate, effective giving. These chapters have hosted a variety of successful events centred on the Raise philosophy, including summer picnics and celebrations. Alongside these, we ran a donations push at a workplace and with our alumni community. Chapters have also hosted various educational talks for their members, including from AMF founder and CEO Rob Mather, as well as workshops for their committees and representatives. The National Team has continued developing the framework for a reading group, which we hope to trial during the 2024/25 academic year. We have new chapters at LSE and Manchester who are about to start operating, whilst our other chapters are in the process of handing over to new teams. We have also recruited a very competent new national team of student volunteers for the academic year 2024/25 led by Edinburgh Master’s student Olivia Collota who has experience with Raise as a highly successful Chapter President at on National Team as Community Director. Summary of the main achievements: - £43,836.91 raised for AMF - 300 student donors - 7 chapters across the UK, with collectively over 150 committee members and reps, engaging students on our philosophy of positive, effective giving - Advisory Board of 5 previous student members running events to engage former members in London - Talks from Rob Mather a workshops led by National Team members and Trustees |
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| to engage students in effective, deliberate giving - Workplace donation push, progression with reading group materials and continued alumni engagement |
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| Summary of the reserves policy: | The CIO will hold reserves to cover all support costs of the charity for one year, including insurance, independent examination, technology and donations fees. A small amount will be held for chapter activities and to support emergent projects not included in the annual budget. The Trustees have deemed that one year is suffcient to gain new income streams if necessary. These reserves come from the CIO's free unrestricted funds. Budget for 2024-2025: £2,048 Unrestricted funds at end of fnancial year 2024: £9,705 (2023: £5,372) |
| Are there any areas where we are signifcantly low on funds? If so, give details. |
No |
| Reviewed and approved by all the trustees on: | AJ - 2024-11-03 JB - 2024-11-04 GR - 2024-11-05 AT - 2024-11-06 RS - 2024-11-12 |
Approved and signed by
RAHUL SHAH
Chair - Board of Trustees
on 24th May 2025
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Raise: A Celebration of Giving members of
On accounts for the year 31 July 2024 Charity no 1202899 ended (if any)
Set out on pages Above
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 July 2024
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: 27[th] May 2025 Signed: Name: Tomas Wilcox Relevant professional FCIE qualification(s) or body (if any): Address: 23 St-Leonards Road Bexhill TN40 1HH
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Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Nothing to disclose.
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IER
Section A Receipts and payments
| A1 Receipts | Unrestricted Restricted Endowment Total Last year funds funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ |
Unrestricted Restricted Endowment Total Last year funds funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ |
Unrestricted Restricted Endowment Total Last year funds funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ |
Unrestricted Restricted Endowment Total Last year funds funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ |
Unrestricted Restricted Endowment Total Last year funds funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ |
|---|---|---|---|---|---|
| Chapter Contributions | - | 2,006.00 | - | 2,006.00 | - |
| Donations(designated togo to other charities) | - | 54,966.59 | - | 54,966.59 | - |
| Donations(for Raise's operations) | 5,000.00 | 2,580.00 | - | 7,580.00 | - |
| Interest | 11.55 | - | - | 11.55 | - |
| Transfers | 5,976.71 | 8,737.71 | - | 14,714.42 | - |
| Sub total(Gross income for AR) | 10,988.26 | 68,290.30 | - | 79,278.56 | - |
| A2 Asset and investment sales, (see table). | |||||
| None | - | - | - | - | - |
| Sub total | - | - | - | - | - |
| Total receipts | |||||
| 10,988.26 | 68,290.30 | - | 79,278.56 | - |
A3 Payments Donations
| Donations | |||||
|---|---|---|---|---|---|
| AMF | - | 36,492.68 | - | 36,492.68 | - |
| GiveDirectly | - | 1,105.00 | - | 1,105.00 | - |
| Clean Air Task Force | - | 200.00 | - | 200.00 | - |
| Raising Voices | - | 116.00 | - | 116.00 | - |
| StrongMinds | - | 150.00 | - | 150.00 | - |
| UNHCR | - | 100.00 | - | 100.00 | - |
| Governance and Activities Costs | |||||
| Insurance | 201.57 | - | - | 201.57 | - |
| Chapter Activities | 1,042.46 | 3,950.41 | - | 4,992.87 | - |
| Technology | 39.55 | - | - | 39.55 | - |
| Stripe (Donations Fees) | 1,104.79 | - | - | 1,104.79 | - |
| Sub total | 2,388.37 | 42,114.09 | - | 44,502.46 | - |
| A4 Asset and investmentpurchases, (see table) | |||||
| None | - | - | - | - | - |
| Sub total | - | - | - | - | - |
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||
| 2,388.37 | 42,114.09 | - | 44,502.46 | - | |
| 8,599.89 | 26,176.21 | - | 34,776.10 | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 8,599.89 | 26,176.21 | - | 34,776.10 | - |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use B2 Other monetary assets |
Details | Unrestricted Restricted Endowment funds funds funds to nearest £ to nearest £ to nearest £ |
Unrestricted Restricted Endowment funds funds funds to nearest £ to nearest £ to nearest £ |
Unrestricted Restricted Endowment funds funds funds to nearest £ to nearest £ to nearest £ |
|---|---|---|---|---|
| Cash in Bank | 8,599.89 | 26,176.21 | - | |
| Total cash funds | 8,599.89 | 26,176.21 | - | |
| Details | Unrestricted Restricted Endowment funds funds funds to nearest £ to nearest £ to nearest £ |
|||
| None | - | - | - | |
| n Details |
d to which asset belo Cost(optional) rrent value(optio | |||
| None | N/A | - | - | |
| Details | which asset belongs Cost(optional) t value(optional) |
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| None | N/A | - | - | |
Details |
which liability relatesunt due (optional)en due (optional) | |||
| None | N/A | - | - |
Approved and Signed by Rahul Shah - Chair, Board of Trustees On 25th May 2025