**THE RAINBOW PROJECT PLYMOUTH** ## **Income and Expenses for year to 31st March 2024** ## **Year to Year to** |**INCOME**
**3/31/2024**
**3/31/2023**
Sales
2,375.57
2,708.38
199.80
219.00
8,088.85
5,469.90
Ongoing Sales
1,454.18
1,371.23
Ebay
5,402.08
6,944.79
Auction
567.14
257.84
18,087.62
16,971.14
Cost of Sales
173.36
256.06
Credit Card charges
70.50
81.42
Ebay Fees
139.97
162.79
Net Ebay Postage
1,243.43
1,230.40
Packaging Materials
155.28
317.38
Venue Hire
0.00
225.00
Food Costs
567.93
506.82
Advertising
467.00
688.00
2,817.47
3,467.87
Net Sales Income
15,270.15
13,503.27
Other Income
Amazon Smile
28.26
39.07
Legacy
704.27
0.00
Royal Mail Compensation
48.98
0.00
1,135.00
174.60
Earthquake Donations
0.00
1,423.96
General Donations
3,875.21
3,890.61
549.08
6,862.33
Gift Aid
1,111.51
2,297.76
7,452.31
14,688.33
Net Income
£22,722.46
£28,191.60
Opening Available Balance
10,984.94
Add Net Income
22,722.46
33,707.40
Less Expenses
23,161.77
Closing Available Balance at 31/03/2024
10,545.63
Reserve Fund
1,000.00
Adjusted Bank Balance as at 31/03/2024
£11,545.63
Sales at Bee's1
Table Top Sales2
Other Venue Sales3
General Sale Costs4
Net Fundraising5
Ukraine Fund6|**3/31/2024**
18,087.62|**3/31/2023**| |---|---|---| |||2,708.38
219.00
5,469.90
1,371.23
6,944.79
257.84| |||16,971.14| |||| ||2,817.47|256.06
81.42
162.79| |||1,230.40
317.38
225.00
506.82
688.00| |||3,467.87| ||15,270.15
13,503.27|| ||7,452.31|39.07
0.00
0.00
174.60
1,423.96
3,890.61
6,862.33
2,297.76| |||14,688.33| |||| ||£22,722.46
£28,191.60|| |||10,984.94
22,722.46| |||33,707.40
23,161.77| |||10,545.63
1,000.00| |||£11,545.63| |||**Year to**|**Year to**|| |---|---|---|---|---| |**EXPENSES**||**3/31/2024**|**3/31/2023**|| |Aid to:||||| |Ilisua|9,069.64||2,941.16|| |Vulcan|3,050.00||6,400.00|| |Ukraine|2,997.36||5,471.29|| |Turkey|1,560.00|16,677.00|0.00|| ||||14,812.45|| |Direct Aid Costs:||||| |Bank Charges7|141.97||0.00|| |Edi Allowance|926.72||1,131.19|| |Pallet and Courier|890.27|1,958.96|1,095.64|| ||||2,226.83|| |Administration Costs:||||| |Postage, & Printing8|328.00||74.80|| |Website Costs|61.00||61.00|| |Insurance|383.22||378.22|| |Accountant Fee|100.00|872.22|100.00|| ||||614.02|| |Romania Visit Expenses||120.59|784.37|| |(covered by refunds and|donations)|||| |Equipment9||559.00|339.14|| |Container Hire||2,974.00|2,107.20|| |Miscellaneous10||0.00|38.90|| |Additional Reserve Agreed||0.00|500.00|| |Net Expenses||£23,161.77|£21,422.91|| |Closing Bank Balance at|31/03/2024||11,174.71|| |Plus outstanding credits|(Cash/Ebay pending)|||| |Cash in Hand||131.58||| |Ebay Pending||239.34|370.92|| £11,545.63 Adjusted Bank Balance as at 31/03/2024 ## **NOTES TO YEAR END ACCOUNTS 31st March 2024** ## **INCOME** 1 Sales at Bee's - Summer 2023 2 Tabletop Sales - Rora April 2023 and Trinity June 2023 |3 Other Venue Sales -
Plymstock Chapel - May '23 and
Sherwell - Aug '23
PUC - Oct '23
4 General Sale Costs
Table Costs
Mobile Phone Stands
Cakeboxes
Cellophane Bags
Labels/Swing Tags
5 Net Fundraising
Police Choir
U3a Christmas Lunch
Crownhill Coffee Morning
Less U3a Food Costs
6 Ukraine Fund
Donation
Gift Aid|Feb'24
20.00
42.00
67.92
23.97
19.47| |---|---| ||173.36
402.00
700.00
350.00| ||1,452.00
317.00| ||1,135.00
13.11
535.97| ||549.08| ## **EXPENDITURE** 7 Bank Charges - Foreign Currency transfers 8 Postage & Printing £250 paid to Sherwell United for use of their printer for 2023. Poster Printing was £18 and the balance of £60 was for stamps. |9 EquipmentAdditional Marquee
Replacement Legs
10 Miscellaneous|459.00
100.00| |---|---| ||559.00
0.00| ## **BREAKDOWN OF FUNDS AS AT YEAR END 31st March 2024** |Balance at Bank as at|31/3/2024|||11,545.63| |---|---|---|---|---| |Reserve Fund|||1,000.00|| |Ukraine Fund Bfwd|3,853.50|||| |Added|549.08|4,402.58||| |Withdrawn||2,997.36|1,405.22|| |Earthquake Fund|1423.96|||| |Gen Fund|136.04|1,560.00||| |Withdrawn||1,560.00|0.00|| |General Fund|||9,140.41|| 11,545.63 11,545.63 ## **THE RAINBOW PROJECT PLYMOUTH** Income and Expenses Summary Year ended 31st March 2024 |**INCOME**|||||| |---|---|---|---|---|---| ||||% of Inc||| |Sales (less costs)||15,270.15|67%||| |Donations||5,128.56|23%||| |Gift Aid||1,111.51|5%||| |Other income||1,212.24|5%||| |||£22,722.46|||| |**EXPENSES**||||% of Exp % of Inc|| |Aid to|Ilisua|9069.64|||| ||Vulcan|3050|||| ||Turkey|1560|||| ||Ukraine|2997.36|16,677.00|72%|73%| |Direct Aid Costs|Bank Chgs|141.97|||| ||Edi|926.72|||| ||Transport|890.27|1,958.96|8%|9%| |Administrative Costs Insurance||383.22|||| ||PPS|328|||| ||Website|61|||| ||Accountan|100|872.22|4%|4%| |Container Hire|||2,974.00|13%|13%| |Equipment|||559.00|2%|2%| |Misc|||0.00|0%|0%| |Romania Visit Expenses|||120.59|1%|1%| ||||£23,161.77||| |Opening Available Balance|||10,984.94||| |Add Income|||22,722.46||| ||||33,707.40||| |Less Expenses|||23,161.77||| |Closing Available Balance|||£10,545.63||| Held in Reserve 1,000.00 Balance at Bank £11,545.63