**REGISTERED COMPANY NUMBER: 07960367 (England and Wales) REGISTERED CHARITY NUMBER: 1148172** 

Report of the Trustees and 

Financial Statements for the Year Ended 28 February 2025 

for 

Rainbowdogrescue (A Company Limited by Guarantee) 

Lewis Smith & Co. Chartered Certified Accountants The Old Doctor's House 74 Grange Road Dudley West Midlands DY1 2AW 



Rainbowdogrescue 

Contents of the Financial Statements for the Year Ended 28 February 2025 

|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|3|
|Independent Examiner's Report||4||
|Statement of Financial Activities||5||
|Balance Sheet|6|to|7|
|Notes to the Financial Statements|8|to|13|
|Detailed Statement of Financial Activities|14|to|15|





Rainbowdogrescue 

Report of the Trustees for the Year Ended 28 February 2025 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2025. The trustees have adopted the provisions of 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 Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

To relieve the suffering and distress of animals who are in need of care and attention by reason of sickness or because they are strays or they have been abandoned, neglected or maltreated. In particular by the provision of a rescue service and re-homing service and foster homes for temporary accommodation of such animals. To educate members of the public on matters concerning animal welfare. 

## **Public benefit** 

The paragraphs below set out our activities, achievements and performance during the year, which are directly related to the objects and purposes for which the charity exists. The charity achieves its principal objects and purposes through taking into its care dogs and other animals which are unwanted, lost or abandoned and then providing all necessary care until such time as an appropriate alternative home can be identified. 

## **Volunteers** 

Each year, Rainbowdogrescue relies upon the help of willing volunteers. This is not valued in the financial statements. It is estimated that in the current year this would be equivalent to approximately 1,000 hours. If this was valued at the national minimum wage rate (which at the year end was of £11.44), the value of these services to Rainbowdogrescue would be in  the region of £11,440. 

## **ACHIEVEMENTS AND PERFORMANCE** 

## **Charitable activities** 

The purpose of the charity is to provide the provision of life time care to animals whether they have been retired, bequeathed or require long term foster care, the latter involving those animals with specific requirements relating to behavioural problems where kennelling is inappropriate. The charity also facilitates the rescue and rehoming of animals which have been received through being unwanted, abandoned, and ill-treated or through local authority stray dog contracts. 

In all cases the charity operates to the highest level of animal welfare care, consistent with ever changing statutory requirements within the funding constraints typically experienced by small to medium sized animal charities. 

Shop income is the charity's main source of income. It has decreased again this year, however it is still above pre-pandemic levels, so the amount for this year is considered to be satisfactory. Donations are the next highest level of income, They have risen this year due to an increase in animal donations so this is encouraging. The remaining source of income is fundraising. More time has been spent on raising funds this year and as a result fundraising income has trebled from last year which we are very pleased about. 

Therefore overall, the income of the charity has risen this year. This has enabled the charity to provide an increase in its services Therefore the charity has achieved its objectives for the year and we are as always extremely grateful to those people that have made donations to the charity. 

The support of our volunteers is a valuable resource. Their support ranges from animal care to fundraising and we are grateful for their support. We have continued to benefit from a good number of people volunteering. 

Gifts in kind: We are grateful for the donations of animal food and other goods including animal beds, blankets and toys which we have received. 

We intend to continue to build on the strong foundations we have made over the last few years. We are now able to take in dogs whose owners are too old or too ill to continue to care for them, which will ease the worry for them and their families. 

Page 1 



Rainbowdogrescue 

## Report of the Trustees 

for the Year Ended 28 February 2025 

## **FINANCIAL REVIEW** 

## **Financial position** 

The charity has continued its good work during the year and the upturn in income has enable us to provide increased services this year. Costs however have still been tightly controlled, so even though a slight deficit has been made this year, it is lower than the deficit that was made last year. 

The total income for the year is £50,222 (2024 - £40,866). This includes donations of £20,413 (2024 - £12,516) and other trading activities of £29,809 (2024 - £28,350). Costs for the year are £51,473 (2024 - £42,260). The deficit for the year was £1,251 (2024 - £1,394) which has resulted in the accumulated reserves at the end of the year being £29,727 (2024 - £30,978), all of which are unrestricted reserves. 

## **Principal funding sources** 

Rainbowdogrescue runs financially from income generated from shop sales, from general donations and from fundraising activities. 

## **Investment policy and objectives** 

Rainbowdogrescue currently has no investment policy, all monies received are held in the principal current account which is not interest bearing. 

## **Reserves policy** 

Rainbowdogrescue currently has no reserves policy as largely income matches expenditure for most of the year. 

## **FUTURE PLANS** 

Our aim for this year is to take on more fundraising to make people aware of our cause which will include trying to get more volunteers and fosterers to help us move forward with our cause. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by  guarantee, as defined by the Companies Act 2006. 

## **Recruitment and appointment of new trustees** 

New Trustees are appointed by the existing Trustees, in accordance with the governing document. Trustees are carefully selected for their experience and professional skills. 

## **Key management remuneration** 

Mrs A Patel is the principal trustee and her remuneration is at a rate that is considered appropriate to her activities . No other trustees receive remuneration and give their time freely. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Company number** 

07960367 (England and Wales) 

## **Registered Charity number** 

1148172 

## **Registered office** 

30 Ash Green Dudley West Midlands DY1 3QL 

Page 2 



Rainbowdogrescue 

## Report of the Trustees 

for the Year Ended 28 February 2025 

## **Trustees** 

|**Trustees**||
|---|---|
|Mrs Angela Patel|Charity trustee|
|Mr Robert Stanley Adams|Pastor|
|Mr Shadie Carrier|Consultant|
|Mr Anil Patel Carrier|Solicitor|



## **Independent Examiner** 

Mr Andrew J Smith Lewis Smith & Co. Chartered Certified Accountants The Old Doctor's House 74 Grange Road Dudley West Midlands DY1 2AW 

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 

.......................................................................... Mrs Angela Patel - Trustee 

Page 3 



## Independent Examiner's Report to the Trustees of Rainbowdogrescue 

## **Independent examiner's report to the trustees of Rainbowdogrescue ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2025. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Mr Andrew J Smith The Association of Chartered Certified Accountants 

Lewis Smith & Co. Chartered Certified Accountants The Old Doctor's House 74 Grange Road Dudley West Midlands DY1 2AW 

Date: ............................................. 

Page 4 



Rainbowdogrescue 

## Statement of Financial Activities 

## for the Year Ended 28 February 2025 

|||28.2.25|29.2.24|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies|2|20,413|12,516|
|Other trading activities|3|29,809|28,350|
|**Total**||50,222|40,866|
|**EXPENDITURE ON**||||
|**Charitable activities**||||
|Support Costs||34,926|32,817|
|Other||16,547|9,443|
|**Total**||51,473|42,260|
|**NET INCOME/(EXPENDITURE)**||(1,251)|(1,394)|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward||30,978|32,372|
|**TOTAL FUNDS CARRIED FORWARD**||29,727|30,978|



The notes form part of these financial statements 

Page 5 



## Rainbowdogrescue 

## Balance Sheet 

## 28 February 2025 

|||28.2.25|29.2.24|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**FIXED ASSETS**||||
|Tangible assets|8|12,161|2,666|
|**CURRENT ASSETS**||||
|Debtors|9|1,758|1,700|
|Cash at bank and in hand||30,008|38,432|
|||31,766|40,132|
|**CREDITORS**||||
|Amounts falling due within one year|10|(14,200)|(11,820)|
|**NET CURRENT ASSETS**||17,566|28,312|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||29,727|30,978|
|**NET ASSETS**||29,727|30,978|
|**FUNDS**|12|||
|Unrestricted funds||29,727|30,978|
|**TOTAL FUNDS**||29,727|30,978|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025. 

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

Page 6 

continued... 



Rainbowdogrescue 

## Balance Sheet - continued 

## 28 February 2025 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 

............................................. Mrs Angela Patel - Trustee 

The notes form part of these financial statements 

Page 7 



Rainbowdogrescue 

Notes to the Financial Statements for the Year Ended 28 February 2025 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

The presentation currency of the financial statements is the Pound Sterling (£) and the figures are rounded to the nearest round pound. 

The financial statements have been prepared on a going concern basis. 

## **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. 

## **Grant Income** 

Government grants are recognised at the point that they are receivable and there is reasonable assurance that the company will comply with the conditions attached to them. They are valued at the consideration received or to be received. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Fixtures & equipment - 10% on cost Motor vehicles - 25% on cost Computer equipment - 30% on cost 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Debtors and creditors** 

Debtors and Creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

continued... 

Page 8 



Rainbowdogrescue 

Notes to the Financial Statements - continued for the Year Ended 28 February 2025 

## **1. ACCOUNTING POLICIES - continued** 

## **Hire purchase and leasing commitments** 

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 

## **2. DONATIONS AND LEGACIES** 

|**2.**|**DONATIONS AND LEGACIES**|||
|---|---|---|---|
|||28.2.25|29.2.24|
|||£|£|
||Donations|20,413|12,516|
|**3.**|**OTHER TRADING ACTIVITIES**|||
|||28.2.25|29.2.24|
|||£|£|
||Fundraising events|3,095|991|
||Shop income|26,714|27,359|
|||29,809|28,350|
|**4.**|**NET INCOME/(EXPENDITURE)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
|||28.2.25|29.2.24|
|||£|£|
||Depreciation - owned assets|1,255|684|
||Other operating leases|7,950|7,800|
|**5.**|**TRUSTEES' REMUNERATION AND BENEFITS**|||
|||28.2.25|29.2.24|
|||£|£|
||Trustees' salaries|12,000|12,000|



## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 28 February 2025 nor for the year ended 29 February 2024. 

continued... 

Page 9 



Rainbowdogrescue 

Notes to the Financial Statements - continued for the Year Ended 28 February 2025 

## **6. STAFF COSTS** 

|**6.**|**STAFF COSTS**|||
|---|---|---|---|
|||28.2.25|29.2.24|
|||£|£|
||Wages and salaries|13,143|15,135|
|||13,143|15,135|
||The average monthly number of employees during the year was as follows:|||
|||28.2.25|29.2.24|
||Trustee|1|1|
||Other|1|1|
|||2|2|
||No employees received emoluments in excess of £60,000.|||
|**7.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||
||||Unrestricted|
||||fund|
||||£|
||**INCOME AND ENDOWMENTS FROM**|||
||Donations and legacies||12,516|
||Other trading activities||28,350|
||**Total**||40,866|
||**EXPENDITURE ON**|||
||**Charitable activities**|||
||Support Costs||32,817|
||Other||9,443|
||**Total**||42,260|
||**NET INCOME/(EXPENDITURE)**||(1,394)|
||**RECONCILIATION OF FUNDS**|||
||Total funds brought forward||32,372|
||**TOTAL FUNDS CARRIED FORWARD**||30,978|



continued... 

Page 10 



Rainbowdogrescue 

## Notes to the Financial Statements - continued for the Year Ended 28 February 2025 

## **8. TANGIBLE FIXED ASSETS** 

|Fixtures<br>& equipment<br>£<br>**COST**<br>At 1 March 2024<br>6,440<br>Additions<br>-<br>Disposals<br>-<br>At 28 February 2025<br>6,440<br>**DEPRECIATION**<br>At 1 March 2024<br>4,278<br>Charge for year<br>643<br>Eliminated on disposal<br>-<br>At 28 February 2025<br>4,921<br>**NET BOOK VALUE**<br>At 28 February 2025<br>1,519<br>At 29 February 2024<br>2,162<br>**9.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other debtors<br>Prepayments<br>**10.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Social security and other taxes<br>Other creditors<br>Accruals and deferred income|Motor<br>Computer<br>vehicles<br>equipment<br>Totals<br>£<br>£<br>£<br>2,350<br>1,541<br>10,331<br>10,750<br>-<br>10,750<br>(2,350)<br>-<br>(2,350)<br>10,750<br>1,541<br>18,731<br>2,350<br>1,037<br>7,665<br>448<br>164<br>1,255<br>(2,350)<br>-<br>(2,350)<br>448<br>1,201<br>6,570<br>10,302<br>340<br>12,161<br>-<br>504<br>2,666<br>28.2.25<br>29.2.24<br>£<br>£<br>1,125<br>1,125<br>633<br>575<br>1,758<br>1,700<br>28.2.25<br>29.2.24<br>£<br>£<br>-<br>17<br>12,298<br>10,513<br>1,902<br>1,290<br>14,200<br>11,820|
|---|---|



continued... 

Page 11 



Rainbowdogrescue 

Notes to the Financial Statements - continued for the Year Ended 28 February 2025 

## **11. LEASING AGREEMENTS** 

Minimum lease payments under non-cancellable operating leases fall due as follows: 

||||28.2.25|29.2.24|
|---|---|---|---|---|
||||£|£|
||Within one year||7,200|7,200|
|**12.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
|||At 1.3.24|in funds|28.2.25|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|30,978|(1,251)|29,727|
||**TOTAL FUNDS**|30,978|(1,251)|29,727|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|50,222|(51,473)|(1,251)|
||**TOTAL FUNDS**|50,222|(51,473)|(1,251)|
||**Comparatives for movement in funds**||||
||||Net||
||||movement|At|
|||At 1.3.23|in funds|29.2.24|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|32,372|(1,394)|30,978|
||**TOTAL FUNDS**|32,372|(1,394)|30,978|



continued... 

Page 12 



Rainbowdogrescue 

Notes to the Financial Statements - continued for the Year Ended 28 February 2025 

## **12. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|40,866|(42,260)|(1,394)|
|**TOTAL FUNDS**|40,866|(42,260)|(1,394)|



## **13. RELATED PARTY DISCLOSURES** 

As in previous years, some expenses relating to the charity were paid for personally by trustee Angela Patel. The value of these expenses are credited to a loan account in her name. The value of these expenses this year was £1,786 (2024 - £2,271) and the total amount owed to Angela at the year end was £12,298 (2024 - £10,512). 

Other that the above, there were no other related party transactions for the year ended 31 March 2025. 

Page 13 



Rainbowdogrescue 

Detailed Statement of Financial Activities for the Year Ended 28 February 2025 

|Detailed Statement of Financial Activities<br>for the Year Ended 28 February 2025|||
|---|---|---|
||28.2.25|29.2.24|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|20,413|12,516|
|**Other trading activities**|||
|Fundraising events|3,095|991|
|Shop income|26,714|27,359|
||29,809|28,350|
|**Total incoming resources**|50,222|40,866|
|**EXPENDITURE**|||
|**Other**|||
|Vets fees and drugs|11,775|5,840|
|Food|521|59|
|Kennel fees|4,251|3,544|
||16,547|9,443|
|**Support costs**|||
|**Management**|||
|Trustees' salaries|12,000|12,000|
|Wages|1,143|3,135|
|Rent|7,950|7,800|
|Rates and water|252|259|
|Insurance|1,090|1,000|
|Light and heat|1,258|945|
|Telephone and internet|832|788|
|Printing, post and stationery|68|12|
|Sundries|505|227|
|Travelling and motor expenses|2,212|1,876|
|PayPal and eBay fees|1,634|954|
|Promotional and merchandising|1,906|1,225|
|Card charges|89|172|
|Bank charges|152|174|
||31,091|30,567|
|**Depreciation**|||
|Fixtures and equipment|643|643|
|Motor vehicles|448|-|
|Carried forward|1,091|643|



This page does not form part of the statutory financial statements 

Page 14 



Rainbowdogrescue 

Detailed Statement of Financial Activities for the Year Ended 28 February 2025 

|Detailed Statement of Financial Activities<br>for the Year Ended 28 February 2025|||
|---|---|---|
||28.2.25|29.2.24|
||£|£|
|**Depreciation**|||
|Brought forward|1,091|643|
|Computer equipment|164|41|
||1,255|684|
|**Governance costs**|||
|Accountancy and legal fees|2,580|1,566|
|Total resources expended|51,473|42,260|
|**Net expenditure**|(1,251)|(1,394)|



This page does not form part of the statutory financial statements 

Page 15