REGISTERED CHARITY NUMBER= 1204397 Help2Riseup Report of the Trustees and Unaudited Financial Statements For the year ended 31" March 2024 Litke Wood & Co Limited Chortered Certified Accountants 105 Witton Street, Northwich, CW9 5DR Report of the Trustees and Unaudited Financial Statements for the Year Ended 31" March 2024 for HELP2RISEUP CONTENTS PAGE Report of the Trustees Independent Examiners Report Statement of Financial Activities io Bèlance Sheet li Notes to the Financial Statements 12 Reconcilliation of Income and Expenditure 14 Reconcilliation of Funds 14 Detailed Statement of Financial Activities 15 Report of the Trustees and Unaudited Financial Statements fof the Year Ended 31" March 2024 for HELP2RISEUP REPORT OF THE TRUSTEES The Trustees. are pleased to present their annual report together with the financial statements of the charity for the year ending 31, March 2024, which are also prepared to meet the requirement5 for Annual report Charity Commission purposes. The financial statements comply with the Charities Act 2011, of Association, and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland IFRS 1021 (effective I" January 20151. REFERENCE AND ADMINISTRATIVE D￿AlL5 Registered Charity Number.. ReEiStered Office.. 1204397 2 MELDON GARDENS HINDLEY, WIGAN, WN2 3XN Ralph Lightman Marlena Wawrzentzak Renata Higgins Trustees- Independent examiner: Report of the Trustees and Unaudited Financial Statements for the Year Ended 31" March 2024 for HELP2RISEUP STRucfuRE, GOVERNENCE AND MANAGEMENT Governln8 Document The organisation was set in 2023, later becoming a registered charity. The Charity was not active durin the financial period. The Board of Trustees is accountable for ensuring the Charity's good governance, financial prudence and solvency. The Trustees must also be sure that legal and human resources responsibilities are met and that strategies and polities are tonsistent with the Charity's overall strategic objectives. To that purpuse, throughout the year, the trustees pursued the Charit￿5 strategic plan in line with the Charity's mission statement, Strategies and governance and as a focus for developing core capabilities, pursuing resources and building a positive culture in the organisation. OBJEcfivES AND AcnviTIES Objertives and Aims The objective of the Charity is supporting and empowering young people as they navigate their future career paths. By providing guidance, mentorship, and resources, we help them identify and expand the potential of their current skills. Our mission is to inspire confidence and self-awareness in youth, equipping them with the tools and knowledge needed to make informed decisions and unlock new opportunities in their personal and professional development. We aim to broaden their horizons, helping them explore diverse career possibilities and fostering a mindset of growth and adaptability for success in the ever-evolvinE job market. The Trusteess aims are- FINANCIAL REVIEW Reserves Policy Informed by an appraisal of funding risk of the board of trustees pusued its policy whereby unrestricted reserves, not committed or invested Ithe 'free reserves.), held by the Charity would be increased whenever possible to cover at least three months of the Charity's operation. At this level, the board of trustees assess they would be able to scale the activities of the Charity should there be a significant reduction in funding. This remain5 one of the Trustees, key objectives for the coming year. Plans for Future Periods The Board of Trustees plans to grow and extend the Charity's activities in the forthcoming year. Plans are also being developed and implemented for several initiatives to increase the Charitvs social value and impact. We will also continue to seek the kind support of others via donètions. grants, CSR Charity days, and local authority fees for support and training provision. Report of the Trustees and Unaudited Financlal Statements for the Year Ended 31 Marth 2024 for HELP2RISEUP STATEMENT OF TRusfEES REPONSIBIUTIES The Trustees are rep)nsible for preparin8 the Report of the Trustess and the finèntial statements in accordance with applicable law and UK Actount Stsndards IUKGA4PI. Company law requires the Trustees to prepare finèncial statement5 for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and applicatlon of resources, including the income and expenditure, of the charitable compary for that perlod. In preparing those financial statements, the Trustess are required to: Select suitable accounting policies and then apply them consistently. observe the methods and principle5 in the Charity SORP Make jud8ements and estimates that are reasonable and prudent Prepare the financial statements on the 8oln8 Concern basis unless It is inappropriate to presume that the charitable company will continue in business The Trustees are responsible for keeping proper accountin8 records which disclose with reasonable accuracy at any time the financial position of the ch?ritsble company and to enable them to ensure that the financial statements tomply wlth the Companies Act 2CIJ6. They are also responsible for safeguardin8 the a55ests of the charitsble company and hence for takin8 reasonable steps for the prevention ènd detection of fraud and other Irregularltles. Approved by order of the board of Trustees on 27JarKMry 2025 and signed on ivs behalf by= Ralph Lightman Trustee HELP2RISEUP STATEMENT OF FINANCIAL AcllviTIE5 FOR THE PERIOD FROM 18TH AUGUST 2023 TO 31ST MARCH 1024 2024 Total FU￿d$ INCOMING RESOURCES Incomin6 resources from generated funds Voluntary income Donations Grants Fund Raising RESOURCES EXPENDED Charitable activities Wages & Sub Contract Costs Travellin6 expenses Fund raising expense5 Training delivery Support cost5 Management Rent and Rates Computer software Website charges Advertlsing Modus expenses Translation services Insurance Telephone Printing, postage & stationery Gateway preparation Profes5ionalslcon5ultancy fee Depreciation Sundries Total resources expended NEf INCOME FOR ThE YEAR I PERIOD SURPLUS FUNDS BIFWD SURPLUS FOR THE YEAR Page 6 HELP2RISÈUP BALANCE SHEET AS AT JtsT MARCH 2024 2024 Total FuThds CURRENT ASSErs Fixed Assets Debtors Cash ar bank and in hand CAEDITORS . Arnounts falling due within one year NET CURRENT ASSErs TOTALASSETS LESS CURRENT L￿BILITIEs NET ASSÉTS FUNDS Funds Reserves The charitable company Is entitled to exemption from audit under Stttion 477 of ihe Companiès Act 2CIJG for the year ended 31st Marrh 2024 The members have nor required Ihe charitable company to obiain an audit of rts financial statements for the year ended 31s1 March 2019 in accord8nte with Section 476 of the Companies Act 2006. The trusiees acknowledge thelr responsibilities for.. lal ensuring that the charitable company keeps account￿￿6 record5 that cornpty with Sections 386 and 387 01 the Companies Act 2￿6 and Ibl preparing h-nancial statements which give a irue lair view of the state ol affairs of the charitable company a5 at the end of each financial y¢ai of its surplus or deficit for each financial year i accordance with the requiremÈnts ol Sections 394 and 395 and which otherwise comply with the requirement5 of the Compariie5 Act relaiins to financial statements. so far as opplicable to the charitable company. These firtancial statements have been prepared irt accordance with the special provbiry)s ol Part IS of the CLmpanie5 Act 2(K)6 relatinK to Small charr(able Compan￿$. The finantial 5taiements werè approved by the Board of Trustees on were signed on Its beh 11 by.. Ralph knghtrnan / 27.01.2025 nd P•Ee 7 HELP2RISEUP STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDEO 31ST MARCH 2024 I. ACCOUNTING POLICIES Basi5 of preparing the financlal statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been The company has adopted the FRS 102 accounting policies and principles on a consistent basis from the date of The financial statements are presented in Sterling. Financial reportlng standard 102- reduced disclosure exemptions The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, the requirements of Section 7 Statement of Cash Flows. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilitie5 are recognised as expenditure as soon as there is a legal or tonstructive obligation committin8 the charity to that expendittjre, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resource5. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 2. TRusfEES' REMUNERATION AND BENEFITS There were no trustees, expenses, remuneration or other benefrts for the turrent or previous year I period. 3. FIXED ASSETS At 01 March 2024 Depreciation At 01 April 2024 Depreciation for the year Net Book Value as at 31st March 2024 Page 8 HELP2RISEUP STATEMENT OF FINANCIAL AcfiviTIE5 FOR THE YEAR ENDED 31ST MARCH 2024 4. STAFF COSTS 2024 Sub-contractor5 The average number of monthly sub-contrattors was one. 5. DEBTORS 2024 Trade debtors 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 Trade treditors Page 9