2022-06-30-accounts

Board ofTrustees Annual Report. .
Reference and Administrative Information:.
Structure, Governance and Management.
Principal Risks .
Objectives and Activities:
Public Benefit.
Achievements and Performance.
Declarations.		14
Independent auditor's report to the members of Rays of Sunshine	.	16
Statement of Financial Activities .		21
Balance Sheet..		22
Statement of Cash Flows ..		23
Principal Accounting Policies.		24
Notes to the financial statements. ....		29

Cover:
		Period	Year to 31
		ended 30	December
		June 2022 f.	2020f
Free reserves		5,035,168	3,411,679
Next year's budgeted	expenditure	3,184,842	2,560,569
Months' cover		19	15

					Period	ended 30Ju	ne 2022
							Period			Year to31
							ended 30			December
							June 2022			2020
					Unrestricted	Reabicted	Total	Unrestricted	Restricted	Total
					funda	funda	funda	funds	funds	funds
				Nates	8		8		8	2
Income from:
Donations and	legacies				4,D62,062	1D,DDD	4,072,D62	882,582	120,850	1,003,432
Gifts in kind					152,519		152,519	266,274		266,274
Other trading actwnies					87,949		87,949	93,139		93,139
Investments					2,963		2,963	10,653		10,653
Other mcome					2,416		2,416	116,973		116,973
Total income					4,307,909	1D,DDD	4,317,9D9	1,369,821	120,850	1,490,471
Expenditure on:
Raismg funds				4	641,195		641,195	526,399		526,399
Chantable ackwties				5	2,D55,916	33,465	2,089,441	1,036,428	96,328	1,132,756
Total expenditure					2,697,171	33,465	2,730,636	1,562,827	96,328	1,659,155
Net (expenditure)		income before
transfers					1,610,738	(23,465)	1,507,273	(193,206)	24,522	(168,684)
Transfer between		funds				(2,422)
Net movement	in	funda		7	1,613,16D	(25,881)	1,587,213	(193,206)	24,522	(168,684)
Reconciliabon	offunda
Fund balances	brought		forward		3,447,366	1D2,091	3,549,457	3,640,572	77,569	3,718,141
Fund balances	carried		forward		5,D60,526	16,204	5,136,130	3,447,368	102,091	3,549,457

		Period	Ended 30June	2022
			30June	3DJune	31 December	31 December
			2022	2022	2020	2020
		Notes	6	8	t
Fixed assets
Tangible assets		9		25,358		35,887
Investments		10		1		1
				25,359		35,888
Current assets
Debtors			173,346		198,404
Cash al bank and m hand			5,493,687		3,223,384
Short term deposits			7,70D		775,160
			5,674,733		4,194,928
LiabiliTies
Creditors amounts	falling due within one year	12	(563,362)		(681,159)
Net current assets				5,111,371		3,513,769
Tots I net assets				5,136,730		3,549,457
Income funds
Reslncted funds		14		76,204		102,091
Unrestncted funds				5,060,526		3,447,386
		15		5,136,730		3,549,457

						Period	Year to 31
					Notes	ended 30	December
						June 2022	2020
						E	E
Cash flows from operating	activiTies:
Net cash (csed in) provided	by operebng	actrvrties			A	1,528,571	(255,983)
Cash flows from investing	activities:
Purchase oftangible fixed assets						(28,671)	(7,813)
Interest received						2,963	10,653
Net cash genemted from (used by) investing				activiTies		(25,7DB)	2,640
Net (decrease) increase in	cash and cash equivalents					1,5D2,863	(253,143)
Cash and cash equivalents	at 1January		2021			3,998,524	4,251,667
Cash and cash equivalents	at30June	activiTies 2022			6	5,5D1,387	3,998,524

					Period	Year to 31
					ended 3D	December
					June 2022	2020
					8	E
Net movement in funds					1,587,273	(166,684)
Depreciation	charge				39,00D	26,162
Investment	income				(2,963)	(10,653)
Decrease (increese)		in debtors			23,055	407,167
(Decrease)	mcreese	in credtors			(117,797)	(509,975)
Net cash (used in) provided			by operating	activibes	1,520,571	(255,903)

		31 December		3DJune
		2020	Cash flows	2022
		E	E	E
Cash	at bank and in hand	3,223,364	2,270,323	5,493,687
Short	term deposits	775,160	(767,460)	7,700
		3,998,524	1,502,663	5,501,387

			Period			Year to 31
			ended 30			December
	Unrestricted	Restricted	June 2022	Unreslncted	Restncted	2020
	funds	funds	Totalfunds	funds	funds	Totalfunds
		6	6	8	8	8
Donabons	4,059,562	10,000	4,069,562	882,582	120,850	1,003,432
Legames	2,500		2,500
	4,062,062	16,000	4,072,062	882,582	120,850	1,003,432

		Unrestricted	funds
		Period	Year to 31
		ended	December
		30June 2022	2020
			E
Rent and	related costs		26,793
Wishes		2S,S34	87,714
Advertising		41,951	81,044
Computer	services	29,454	28,323
Events		22,470	30,132
Office costs		22,610	18,358
Governance costs		7,2DD	4,010
		152,519	286,274

							Year to 31
				Period			Deoember
			Restricted	ended 36			2020
		Unrestricted	funds	June 2022	Unrestncted	Restncted	Total
		funds	2D22	Total funds	funds	funds	funds
		8		6		E
Events		69,850		69,850	53,448		53,446
Community
fundraismg		18,099		18,099	8,940		8,940
Other trading	activrties				30,753		30,753
		87,949		87,949	93,139		93,139

					Period			Year to 31
					ended 30			December
					June 2022			2020
			Unrestricted	Restnctsd	Total	Unrestncted	Restncted	Total
			funds	funds	funds	funds	funds	funds
			E	E	E	E	E	E
Eventand
fundraising	costs
Stagmg fcndraising
events			107,207		187,287	112,093		112,093
Advertlslng			41,305		41,305	62,793		62,793
Staff costs			325,902		325,902	313,769		313,769
Other fundraising		costs	10,599		1D,599	9,918		9,918
			565,093		565,003	498,573		498,573
Supporlcosts			76,102		76,102	27,826		27,826
			641,195		641,195	526,399		526,399
activities
					Period			Year to 31
					ended			December
					30June			2020
			Unrestricted	Restricted	2022	Unrestncted	Restncted	Total
			funds	funds	Totalfunds	funds	funds	funds
				8
Staff costs			520,210		52D,210	422,855		422,855
Depreoahon			39,DDD		39,000	26,162		26,162
Wishes			691,583	33,465	725,048	220,627	96,328	316,955
Other oltice costs			627,612		627,612	301,855		301,855
			1,078,4D5	33,465	1,911,070	971,499	96,328	1,067,827
Supporlcosts			177,571		177,571	64,929		64,929
			2,055,976	33,465	2,089,441	1,036,428	96,328	1,132,756

costs
		Period	Year to 31
		ended 30	December
		June 2022	2020
		E	E
Staff costs		223,793	69,425
Governance costs
Audit fees		22,600	14,520
Accountancy		7,200	4,800
Legal and professional	fees		4,010
		253,673	92,755

				Unrestricted	funds
				Period	Year to 31
				ended	December
				3DJune 2022	2020
Staff costs (note 8)				1,069,905	806,049
Auditor's	remunercion		(note 6)	22,680	14,520
Depreoation		(note 0)		39,000	26,162

	Period	Year to 31
	ended	December
	30June 2022	2020
	8	8
Provision ofwishes and fundraismg	19	24
	Period	Year to 31
	ended	Deoember
	30June 2D22	2020
Wages and satanas	934,904	704,855
Somal security costs	102,225	70,610
Other pension costs	32,776	30,584
	1,069,9D5	806,040

	Period	Year to 31
	ended	December
30	June 2022	2020
	No.	Nn

fixed as	sets
			Fixtures,
			fittings 8
			equipment
			8
Cost
At 1 January	2021		174,137
Addi lioris			28,671
At 30June 2022			2D2,608
Depreciation	and impairment
At 1 January	2021		138,45D
Depreoakon	charged	in the year	39,00D
At 30June 2022			177,45D
Net trank value
At 30June 2022			25,358
At 1 January	2021		35,687

Cost or valuation
At 1 January 2021 and 30June 2022

			Year to 31
		Period ended	December
		30June 2022	2020
Trade debtors		3,224	32,162
Other debtors		22,325	22,328
Prepayments	and accrued income	147,794	141,914
		173,346	198,404

			Year to 31
		Period ended	December
		3DJune 2022	2020
Trade creditors		43,909	12,085
Other creditors		56,189	49,103
Accruals and deferred	income	463,264	819,991
		563,362	881,159

					Year to 31
				Period ended	December
				3DJune 2022	2020
Deferred	income	brought	forward at 1 January 2021		18,447
Amount	released	m the year			(18,447)
Amount	deferred	in the year
Deferred	income	cerned	forward 30June 2022

				Oitice	remises
					Year to 31
			Period ended		December
			30	June 2022	2020
Within	one	year		1D7,172	107,172
Within	neo	to five years		17,862	169,689
				125,034	276,861

		Balance at				Balance at
		1January				30June
		2021	Income	Expenditure	Transfers	2022
			f.	E	f.	f.
Speafic	vnshes	102,081	10,DOO	(33,465)	(2,422)	76,204
		Balance at				Balance at 31
		1 January				December
		2020	Income	Expendfiure	Trans(em	2020
		E	E	E	E	E
Speafic	mshes	77,569	120,850	(96,328)		102,091

of net	asse	ts	between funds
				Unrestricted	Restricted
				funds	funds	Total
				8	8	8
Fund balances		at	30June 2D22
are represented		by:
Tangible	assets			25,35$		25,358
Investments				1		1
Current	assets			5,598,529	76,204	5,674,733
Credrlors	amounts		falling due within one year	(563,362)		(563,362)
				5,060,526	76,204	5,136,73D
				Unrestncted	Reslncted
				funds	funds	Total
					8	r
Fund balances		at	31December 202D
are represented		by:
Tangible	assets			35,887		35,687
Ioveslme	ots			1		1
Current assets				4,092,838	102,091	4,194,930
Creditors	amounts		fegmg due mthin one year	(881,159)		(881,159)
				3,447,388	102,091	3,549,457

Related Party		Donations
		Period ended	Year to 31
		3DJune	December
		2022	2020
		6
Trustees		4$,503	42,443
Others exduding	Trustees
Executive board	members	58,710	12,250
Total		107,303	54,893

Related	Party	Goods/Services	in	Kind	Further details
		2022		2020
		8
					Justin Randall, a	Trustee ofthe charity, is		a partner	at Jelfreys		Henry LLP			The firm provided
Jefheys	Henry	7,200		4,800	the charity with payroll		services.
					Stephen Allan, a	Trustee ofthe chanty, is		the former	Worldwide		Chairman			&	CEO al
					Mediacom Mediacom		provided the chanty	mth adverbsing		space m			relation		to the Chnslmas
Mediacom				2,400	campaign m December		2020
Mishcon	De				Nick Davis, a (former)		Trustee ofthe charity, isa director/parlner				al	Mishcon			De Reya	The
Reya				4,010	firm provided the	chanty wrlh legal services
Related	Parly	Donations			Further details
					Annual donation	made	by the Foundation	where Rays ofSunshine				has been			nominated	(via
Capital	Group	47,100		21,250	employee vote) by Carolme Randall —vnfe			ofTrustee	Justin	Randall.
Purple Surgical		18,000		12,000	Annual patronage	paid	by Robert Sherpa	—husband	ofTrustee		Jane		Sharpe.
Related	Parly	Amounts	paid		Further details
Mediacom		7,800			Advertising costs