Welcom to the Lancashire board Hatfinch

I can see a baptism for Nicholas Worsley, father James, on ancestry's "England and Wales Christening records" set, baptised 6 October 1700 at Altham, which is the area you are looking for.
I think there are transcriptions for Altham on the Lancashire Online Parish Clerk site, but there seems to be a problem with the site at the moment. I'll check again later. There might be a mention of Rising Bridge there:
http://www.lan-opc.org.uk/the home page is fine but the links and Search are down, which is unusual for that site, its normally very well behaved
Googling "James Worsley" and "The Laund" you get references to Sir W H Worsley-Taylor being only son of James Worsley of The Laund, who died c. 1869, and Alice Worsley nee Clegg. They are at the Laund on the 1851 census:
James Worsley born c. 1805 at Lower Booths, widower, farmer of 30 acres
Henry W Worsley, son born 1848, Accrington.
HO107/2250/540 Page 1
I think if you want to get the ancestry right, you need to start with James Worsley of The Laund and work back, as there is quite a gap between 1805 and Nicholas' birth in 1700! But hopefully only three/four generations, so it should be possible.

Barbara