RAINBOW FUND FORSOUTH AFRICA
CHAIR REPORT FOR THEYEARJANUARY 1 TO DECEMBER2024 FOR THEAGM ON 30-
JUNE 2025.
TRUSTEES: Denise Watt, Joint Chair. Hans Kortekaas, Joint Chair. Peter Louwrens.
Maria Skotidas, Kathryn Raath. Martin Bracknell, Nonkuthalo Xapile Thithi
The Rainbow Fund for South Africa is a charitythat existsforthe prime reason of r8ising
funds to operate a homework school. The Rainbow School. in Gugulethu, a township
area in Cape Town.
All the trustees are volunteers and 100% of the funds raised go directly to the school.
1. NUMBERS:
243 children enrolled in 2024 with approximately 120 children in house
each day:
600 meals provided Monday toThursday and 60 to 70 on Friday;
52 registered for visual art and 20 for computer studies;
The Maths Reflective Learning Programme involved 98 children between
grades 5 and 7:
3 workshops of 13weeks were completed in Plumbing forwomen:
The School has 7 teachers and 2 administrators:
4 of the teachers retired at the end of 2024 and have been replaced with 4
newteachers:
6 learners received awards for excellent performance in Mathematlcs on
the Reflective Leaming platform;
5 learners achieved prefect status in theirmain schools:
3 learners were awarded top prize on graduation; and
10 Rainbow alumni (grades 8, 9 and 10) attended dailyto use the school
computers.
2. PROJECT AND EVENTS
The Reflective Learning Programme that Ninety One have instigated began in July
and has been verywell received by all the children.
It is an award-winning maths programme for Grades 5 10 10that helps to identify and
close learning gaps, so students can reach their full potential.

Since it is a hybrid online programme, each student can progress at their own pace.
Ninety One donated 10 CoMp￿erS givingthe school a total of 25.
Three 13 week courses of 25 women were held for Plumbingforwomen.
Two visual exhibitions were held in May and September displaying both the Artwork
and progress in Computer Studies through PowerPoint displays. These were well
supported bythe community.
3. OUTINGS
Excursions to the Zeitzmocca Museum of ContemporaryArt.
Prize-giving and teacher leaving party given atthe end of the year.
4. FUND RAISING
The school received a grantfor 2024 from the MurrayTrustfor the Women in
Plumbing Programme. This was not renewed in 2025.
Richmond held the following:
A Taste of Japan- raised £1,227.80:
Mandela Day Garden Party on July 20th raised £1.175;
GiftAid produced £3.805;
A legacy sponsor gave £3.000:
16 riders from Ninety One rode on the London to Brighton Bike Race which
raised £4.853;
We had £2,000 from an anonymous donor:
£250 raised from Sound Baths held at home of Denise Wyatt; and
Receipts from standing orders from sponsors approximately £850 per month
- £10,200 per annum.
5. OTHER MArrERS
There has been no further development of the Church requesting rent from the
school. The school already contributes to maintenance. cleaning and
communication costs.
Ninety One switched their supportfrom providinga single Maths teacherto
financing the Reflective Leaming Programme for 3 grades.

The RBC Bank account closed in May 2024.
6. TRUSTEES
Michelle Davadoss and Michelle Bouchier have resigned as trustees.
Lord John Lee has agreed to be the new patron.
7. FINANCES
We concluded the year with £37.708 in the bank.
Our expenditure was £36,111.
There is a concern that the School's expenditure is unsustainable if the funding is
totally dependent on RFfSA.
However. the school does not have the means to raise funds for itself unless it
involves the Governors.
Denise Wyatt and Hans Kortekaas

RAINBOW FUND FOR SOLrrH AFRICA
INCOME AND EXPENDITLIRE ACCOUNT
I JANUARY 2024 to 31 DECEMBER 2024
l January 2024
to
Notes 31 December 2024
ljanuary 2023
to
31 December 20Z3
INCOME
Donations and events
Grants
Total Fundraising
Income Tax Recovered (Gift Aid)
Debt Recovered
Total Income
20.817
2,520
23.337
3,806
196
27,339
31,338
3,078
34.416
6.840
41,256
EXPENDITURE
Expenses
Gifts to J L Zwane Centre, Gu8ulethu - Operating Costs
Gifts to J L Zwane Centre, Gugulethu - Skills Project
Total Expenditure
1,361
20,750
14,000
36.111
311
21,6
21,000
42,911
EXCESS OF EXPENDITURE OVER INCOME
OPENING BALANCES
Lloyds Bank
Royal Bank of Scotland Current Account
Totsl Openln8 8alan¢es
CLOSING BALANCES
Lloyds Bank
Royal Bank of Scotland
Total Closlng Balances
NET INCREASE I IDECREASE) IN CASH BALANCES
46,076
404
48,157
175
48,332
37,708
46,076
404
46,480
(1.852)
37.708
18,772)
ACCOUNTS RECEIVABLE
Current Debtor
197
NET ASSET VALUE

NOTES
The income is represented by funds receNed from standing orders, tickets for events and other donations.
Events
Taste ofjapan
July 2023 Mandela Garden Tea
Anniversary of Peter Huhne'sThanksgiving
Sponsorship through Standing Orders and donations via Website
2,268
1,228
1,040
3,000
15,549
An amount of £2,520 was received from The Charities Trust for the period under review.
Expenses are for printing material and Zoom renewal fee which enables the trustees to hold meeting5 With the
administration staff at the JL Zwane Centre, Gugulethu.
We partnered with Ninety One for the London to Brighton Cycle Ride and paid £750 towards advertising costs.
Other expenses were paid for by the Trustees personally without any c¢)St to the fund.
Gifts to J L Zwane Centre. Gugulethu - Operating Costs £20.750.
Fund5 are in turn utilised for food for the pupils during term. teacher salaries. the cook's salary as well as
contributions to the Centre's administrator and over-heads.
Gifts to J L Zwane Centre, Gugulethu - Skills Project £14,OLKI.
A second bank account for the Skills Project is administered by the two Centre Administrators who regularly
provide Statements of Expenditure.
The rand equaivalent of the expenses for the Skills Projert for the period January 2024 to December 2024
amounted to R327,880. The average exchange rate of R23.42 was used for the period under review.
The current debtor of £197 arose during October 2023, when the money was erroneously withdrawn from the
RBS bank account. This amount was repaid in April 2024 (subsequent financial yearl into the Lloyds bank
account. Due to this event, the decision has been tsken by the trustees to close the RBS bank account.

TRUSTEES, REPORT
The JL Zwane Centr￿$ rnanagement tearn communKate with us and send us regular reports as to how they use the
funds we send flexibly to benefit the children. Duri￿ the year we have exthanged efflails (and Meetings via Zooml on
the details of their financial arrangements.
The payment made in November 2024 is for a Christsna5 for the tead￿r&
UK based Trustees vtsited the sdiool during quarters l and 4 during the peTiad under review.
The TNstees continue to take their suuttny role seriously to ensure the rnoney is spent in accordance with the donorfs
expertations butwithout burdenSng a small proiert with unnecetsary administration.
ein
The trustees have appointed a new auditor forthe period under review due to the resignation of the Pre￿0￿$ auditor.
2S
Denise
Chair
Date

INDEPENDENT EXAMINEWS REPORT
report on the accounts of the Charity for the twelve month period ended 31 December 2024.
Res
ective Res
onsibilities of Trustees and Examiner
The Charity's Trustees are responsible for the preparation of the accounts.
The Charity'5 Trustees consider that an audit is not required for this period under settion 144{21 of the Charities Act
2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Art; and
to follow the procedures laid down in the general Directions given by the Charity Commission under section
145(5)Ib) of the 2011 Act. and
to State whether particular matters have come to my attention.
Basis of Inde
endent Examiner's Re
ort
My examination wa5 carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records.
The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no
opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set
out in the statement below.
Inde
endent Examiner's Statement
In connection with my examination, no material rnatters have come to my attention which give5 me cause to believe
that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Art; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accour)ts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a "true and fair view, which is not a matter considered as part of an independent examination.
I have come across no matters in connection with the examination to whith attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
24June 2025
6renton Green
Date

RAINBOW FUND FOR SOLrrH AFRICA
INCOME AND EXPENDITLIRE ACCOUNT
I JANUARY 2024 to 31 DECEMBER 2024
l January 2024
to
Notes 31 December 2024
ljanuary 2023
to
31 December 20Z3
INCOME
Donations and events
Grants
Total Fundraising
Income Tax Recovered (Gift Aid)
Debt Recovered
Total Income
20.817
2,520
23.337
3,806
196
27,339
31,338
3,078
34.416
6.840
41,256
EXPENDITURE
Expenses
Gifts to J L Zwane Centre, Gu8ulethu - Operating Costs
Gifts to J L Zwane Centre, Gugulethu - Skills Project
Total Expenditure
1,361
20,750
14,000
36.111
311
21,6
21,000
42,911
EXCESS OF EXPENDITURE OVER INCOME
OPENING BALANCES
Lloyds Bank
Royal Bank of Scotland Current Account
Totsl Openln8 8alan¢es
CLOSING BALANCES
Lloyds Bank
Royal Bank of Scotland
Total Closlng Balances
NET INCREASE I IDECREASE) IN CASH BALANCES
46,076
404
48,157
175
48,332
37,708
46,076
404
46,480
(1.852)
37.708
18,772)
ACCOUNTS RECEIVABLE
Current Debtor
197
NET ASSET VALUE

NOTES
The income is represented by funds receNed from standing orders, tickets for events and other donations.
Events
Taste ofjapan
July 2023 Mandela Garden Tea
Anniversary of Peter Huhne'sThanksgiving
Sponsorship through Standing Orders and donations via Website
2,268
1,228
1,040
3,000
15,549
An amount of £2,520 was received from The Charities Trust for the period under review.
Expenses are for printing material and Zoom renewal fee which enables the trustees to hold meeting5 With the
administration staff at the JL Zwane Centre, Gugulethu.
We partnered with Ninety One for the London to Brighton Cycle Ride and paid £750 towards advertising costs.
Other expenses were paid for by the Trustees personally without any c¢)St to the fund.
Gifts to J L Zwane Centre. Gugulethu - Operating Costs £20.750.
Fund5 are in turn utilised for food for the pupils during term. teacher salaries. the cook's salary as well as
contributions to the Centre's administrator and over-heads.
Gifts to J L Zwane Centre, Gugulethu - Skills Project £14,OLKI.
A second bank account for the Skills Project is administered by the two Centre Administrators who regularly
provide Statements of Expenditure.
The rand equaivalent of the expenses for the Skills Projert for the period January 2024 to December 2024
amounted to R327,880. The average exchange rate of R23.42 was used for the period under review.
The current debtor of £197 arose during October 2023, when the money was erroneously withdrawn from the
RBS bank account. This amount was repaid in April 2024 (subsequent financial yearl into the Lloyds bank
account. Due to this event, the decision has been tsken by the trustees to close the RBS bank account.

TRUSTEES, REPORT
The JL Zwane Centr￿$ rnanagement tearn communKate with us and send us regular reports as to how they use the
funds we send flexibly to benefit the children. Duri￿ the year we have exthanged efflails (and Meetings via Zooml on
the details of their financial arrangements.
The payment made in November 2024 is for a Christsna5 for the tead￿r&
UK based Trustees vtsited the sdiool during quarters l and 4 during the peTiad under review.
The TNstees continue to take their suuttny role seriously to ensure the rnoney is spent in accordance with the donorfs
expertations butwithout burdenSng a small proiert with unnecetsary administration.
ein
The trustees have appointed a new auditor forthe period under review due to the resignation of the Pre￿0￿$ auditor.
2S
Denise
Chair
Date

INDEPENDENT EXAMINEWS REPORT
report on the accounts of the Charity for the twelve month period ended 31 December 2024.
Res
ective Res
onsibilities of Trustees and Examiner
The Charity's Trustees are responsible for the preparation of the accounts.
The Charity'5 Trustees consider that an audit is not required for this period under settion 144{21 of the Charities Act
2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Art; and
to follow the procedures laid down in the general Directions given by the Charity Commission under section
145(5)Ib) of the 2011 Act. and
to State whether particular matters have come to my attention.
Basis of Inde
endent Examiner's Re
ort
My examination wa5 carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records.
The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no
opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set
out in the statement below.
Inde
endent Examiner's Statement
In connection with my examination, no material rnatters have come to my attention which give5 me cause to believe
that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Art; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accour)ts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a "true and fair view, which is not a matter considered as part of an independent examination.
I have come across no matters in connection with the examination to whith attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
24June 2025
6renton Green
Date