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2021-12-31-accounts

Rainbow Surprise CIO

TRUSTEES` ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED

31[st] December 2021

Registered Charity No. 1165007

Rainbow Surprise CIO

INDEX
Page No Contents
1 - 15 Trustees Annual Report
16 Independent Examiners Report
17 Statement of Financial Activities
18 Balance Sheet
19 Statement of Cash Flows
20-25 Notes to the Accounts

RAINBOW SURPRISE CIO

Trustees Report for the year ended 31[st] December 2021

The Trustees have pleasure in presenting their report and the unaudited financial statements for the year ended 31[st] December 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charities constitution, the Charities Act 2011 and 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 the Republic of Ireland published (FRS 102).

Reference and administrative Information

Charity Name : Rainbow Surprise CIO Charity Registration Number: 1165007

Structure, governance and management

The charity is governed by a constitution and became a registered charity on the 04[th] January 2016.

The Trustees who served during the period are as follows:

Shakar Hussain (Chair) Judith Roles (Treasurer) Resigned 02[nd] January 2021 Yasmeen Bostan (Secretary) Dr Sayed Aisha B Malik Appointed 24[th] November 2018 John Wynne Roberts Appointed 02[nd] January 2021 Shabana Mirza Appointed 02[nd] January 2021

Key Management Personnel

Shabnam Hussain – Project manager

Principal Office

Crumpsall Community Hall Cleveland Road Crumpsall Manchester M8 4GS

Bankers

Barclays Leicestershire LE87 2BB

Independent Examiner

Sugra Akbar FCCA Accountex Pro 16 Cestrian Street Bolton BL3 2BD

1

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

Objectives and activities

Charity Objects

The objects of the CIO are:

Nothing in this constitution shall authorise an application of the property of the CIO for the purposes, which are not charitable.

Achievements and Performance

January

Food bank

We have continued with our foodbank from last year. Due to our new premises, we are able to purchase and provide more variety of food to distribute. We are still collecting and purchasing from Fairshare. Manchester City council are continuing to refer people that either struggling or isolating. We pack and deliver the food parcel with the help of our volunteers.

Community shop

We have our community shop where people can purchase quality items for the fraction of the price. We have variety of fruit and vegetables on offer as well as tinned and other food. We purchase them from FareShare at a competitive price so are able to sell them cheaply, so our customers are benefit from this. A lot of families are struggling through these testing times so it’s a relief for them to be able to come to community shop to do their weekly shop.

2

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

Majority of the times we are able to give away free food for example bread, bagels and eggs. Some people are not qualified for a food parcel so they make use of the shop. The money made from the shop is used to purchase more items. Because the lack of funding we have to self fund for our food parcels. This way we can buy items to distribute in our parcels. To keep everyone safe we had a booking system where shoppers could book a 20 min slot to shop so we don’t get overcrowded.

Meals to you

Two times a week we cook and deliver food for our Meals to you. Due to Covid we had to stop this service, but our service users requested to re start as it’s an amazing convenience for them. They receive delicious and hot food delivered to their door twice a week.

3

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

February

Food sales

Majority of the times we are able to either distribute or sell ingredients, but there are times that some vegetables are not selling and we don’t want it to be thrown away. So, in order to combat this issue, our volunteers are able to make / bake with these ingredients and we can sell them to the public. We have made stuffed chili peppers, paratha and pizza with these ingredients. This not only solves our food waste problem, but we are able to raise money for our food bank.

partnership where we

Easter Cook and Create This was a

organised a Easter themed cooking and crafting session. Participants were given ingredients to cook a meal and then the children were able to participate in Easter themed craft. All the ingredients and craft equipment were delivered to them beforehand. Participants joined a zoom meeting where they created their magic together, people from all ethnicities joined in the fun. This was a huge success where both adults and children were catered for.

4

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

May

Iftar online

In April Muslims were celebrating Ramadhan. To mark the occasion, we held a Iftar online session. Where we cooked food and distributed meals to participants that signed up to take part in this session. We informed them the time they should come onto Zoom, both Shakar and Jonny Wineberg did a speech and we were able to open our fast together. This was something that we not done before and it was an amazing feeling to be able to open fast together. Part of the pleasure of Ramadhan is so open fast with friends and family but due to Covid we weren’t able to do that so this was a nice alternative. We received very good feedback from the families that took part.

Food Distribution

Our other Ramadhan project was food distribution. We partnered with Alison Law Solicitors and together we cooked and distributed food to people that were in need. We delievered to hostels, to the homeless

and strugg;ing families. It was freshly homemade biryani and water that was given to them. as it was month of ramadhan and some people were fasting so it nice to be able to give them something warm to eat to break their fast. We thank Alison Law to come on board and support us with this project.

5

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

May

Playscheme

We ran our half term playscheme for children from the ages of 5 to 13. We planned a packed, fun filled week of activities for the children. This included outdoor games in the local park, to indoor games and also arts and craft. This was all child led so each day they chose what they would like to do. They did some planting and decorated their plant pots and made cards for their loved ones.

June

Meet, Walk and Eat

In june we started our Meet, Walk and Eat session. Ladies met at the local park where they went for a walk around the park. The project leader who was leading this session is also a yoga teacher. On sunny days they did light yoga in the park before they head back to the hall. Once they have done their exercise they made their way back to the centre where a light lunch was prepared. They took this time learn about healthy eating and made new friends.

6

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

August

Playscheme

August was packed month for us as we had playscheme for the whole month. Sports wise we arranged tennis and cricket sessions. For tennis we worked with David Lloyd gym group and used their facility and hired a tennis coach to teach the children. For cricket we liaised with Dynomo and together we were able to get a cricket coach and also the children received a full cricket kit which was personalized with their names on the back of the shirt. WAC also provided an opportunity to teach our children to canoe, so the older children who knew how to swim took part.

We hired out a minibus for the whole of 4 weeks that the playscheme was running. This helped us to organize trips for children and take them to various places like the science museum, art centre, Heaton park and a farm to name a few.

In addition to that we had Laughter coach to come in to do a session with the children. We also had yoga organized aswell.

We taught children about healthy eating and how to have a healthy lifestyle. Children tried different fruit and veg that they might not have heard about. Children did presentation on what we need to do be healthy. Also, we made sure that they had at least 2 hrs. of outdoor play each day.

For a treat we also did a cinema afternoon, where we projected a film and distributed popcorn for them to enjoy. They had an extra treat as a children author came in to read her book and they were able to buy and get the book autographed from her.

Finally we got the City of Trees group to come and talk to the children about the environment They made bird feeders with them and did different activities.

7

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

September

Hostel meals

We were approached by a hostel that’s based in Whalley Range, they wanted us to provide hot meals for their residence for 7 days a week. Our chef cooks 3 times a week. They do batch cooking on Monday, Thursday and Friday. We deliver them as soon as they are cooked. We have a 6 month contract with them, if they are happy with the service they will renew the contract after 6months.

Granada News

8

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

We had the pleasure of Granada News crew to come in to see what we do. they wanted to speak to us in regards to what we do and how we are helping people that are struggling. They broadcasted how we work and what we do. Both Shakar and Shabnam gave them an interview. We launched the community fridge, so this was a good opportunity to talk and inform people about how the community fridge works.

Cheetham Cultural Festive

At the Cheetham Cultural Festive we were able to help the Welcome centre with providing food for people that came to visit and enjoy the day. Shabnam with the rest of her kitchen team coked and served on the day. We also had our volunteer Maranda do face painting for children that were visiting.

9

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

Sewing/ knitting/ crochet classes

Beauty Class

To tackle mental health wellbeing, we started sewing/knitting/crocheting classes and also beauty classes. These took place once a week and we had number of ladies and gentlemen coming into learn new skills. The beauty class was taught by Maranda who herself had a salon that she owned. She was able to show the ladies different tricks and tips in regard to makeup and hairstyling. As some beauty products are expensive, Maranda was able to recommend cheaper alternatives that work just as well as the expensive items. Some of her students have gone and enrolled in a college to progress in this field.

We have a very experienced tailor that was taught from abroad taking the lead of the sewing classes. Each week the ladies were taught step by step in the different aspect of sewing. In a few weeks ladies were able to sew their own clothes. Again, with the knitting/crochet classes ladies were taught different techniques. With a little help they were able to make hats and scarves. This was an opportunity for women to come out of their houses and make new friends alongside of learning a new skill. Many women from the sewing classes have now started sewing their own clothes.

October

Playscheme

We organized playscheme for the October holidays. Like before we were inundated with registration and had to limit ourselves to 45 children. Children had variety of activities organized for them, which included arts and craft, indoor physical games, costume making and board games.

10

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

As the weather wasn’t very good outside so we made sure that we used the space inside to get a lot of physical activities. All meals were prepared in the church by our chef. The children were having hot freshly made healthy meals.

As it was also the Halloween season, we face painted the children’s faces

We had some amazing feedback from the children as they enjoyed themselves and can’t wait for the next sessions.

11

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

Sky News

As the budget was announced by the Chancellor Rishi Sunak, Sky News came to our centre to ask us for our opinion and how it will affect the people that use our services. But also, how is it affecting us as a charity. They did a live report every hour and covered the whole centre and also came into our playscheme and recorded there as well.

December

Santa Surprise

Like previous year we planned a Santa Surprise and it was a huge success. This year we concentrated on the M8 area. we had a huge

response. We visited 50 families and had santa who went and delivered the presents to the children. While travelling we did a Facebook live so people could see where we were going. We had children waiting outside their houses. Children couldn’t miss us as we decorated the minibus with lights and tinsels.

12

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

Bhangracise

In conjunction with Swetty Betty we started Bhangracise classes for young girls and women to encourage them to stay healthy. This took place every Wednesday once a week. Women and teenagers learnt new dance moves. The young ladies even recorded how many calories they lost each week. Once they became confident in the various dance moves that they learnt a choreographed dance to a song that they can perform at an event or at a wedding.

Playscheme

Our December playscheme was packed with exciting trips and events. Like previous playscheme we did lots of activities each day in the centre. We also organized ice skating and a pantomime trip for the children. Majority of our children have never been to either of these places, so it was a pleasure to be able to take them and be part of this new experience for them. At the pantomime the children were mesmerized and exclaimed that it was the best day ever. It was also nice to see children helping each other while ice skating. They became confident by the time it was home time.

To finish off the fantastic week we had the privilege of a local band come in and sing xmas songs to our children. They were young girls that have joined a band and wanted to show their talent.

13

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

A review of our achievements and performance: How our activities delivered public benefit:

The charity trustees can confirm that they have complied with their duty to conduct and guide the charity to benefit the public using their powers, in accordance with the Objects and Charitable Aims outlined in the Constitution.

A financial review

The accounts comply with current statutory requirements of the Charities Act 2011. The trustees have reviewed the accounts and confirm they are an accurate reflection of our financial status.

Investment powers and policy

Aside from retaining a prudent amount in reserves, most of the charity`s funds are to be spent in the short term so there are few funds for any long-term investment.

Reserves policy and going concern

The balance held in reserves at 31[st] December 2021 is £121,642 (2020: £152,092) of which unrestricted free reserves are £116,748 (2020: £136,009). The trustees aim to build free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The charity’s main source of income is grants. The trustees consider that it is appropriate to prepare the accounts on a going concern basis, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease.

Statement of Risk Management

The trustees have assessed the risks to which the charity may be exposed with particular reference to those relating to the operations and finances of the charity. Systems are in place to ensure that all risks are recorded for subsequent monitoring and review. In the meantime the trustee’s remain satisfied that all insurable risks have been identified and adequately dealt with and that the charities exposure to other risks is kept at a minimum by good working practice by the trustees and volunteers.

Plans for Future Periods

Rainbow Surprise CIO plan to develop its activities by running increased activities.

We are currently working alongside the local council and the Crumpsall councilors to obtain a base so it can be set up as a community hub for Crumpsall; this is where we can run all our activities from and more.

Appointment of Charity Trustees

The constitution states apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

The charity will be managed by monthly committee members and an annual AGM.

Trustee Induction and Training

All trustees receive an induction into the organisation including an induction handbook.

14

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2021

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees` report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice.)

Law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year, which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing accounts giving a fair and true view, the trustees should follow best practice and:

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the accounts comply with The Charities Act 2011 and the applicable Charities (Accounts and Reports) Regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the board of trustees on: 27[th] September 2022 And signed on its behalf by:

Shakar Hussain Chair of Trustees

15

Independent examiner`s report to the trustees of Rainbow Surprise CIO

I report to the charity`s trustees on my examination of the accounts of the charity for the year ended 31[st] December 2021 which are set out on pages 17 to 25.

Respective Responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity is preparing accrued accounts and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

It is my responsibility to:

Basis of Independent Examiners Report

My examination was 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. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. 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 below.

Independent Examiner's Statement

In connection with my examination, other than listed below, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 28[th] September 2022

Sugra Akbar FCCA Association of Chartered Certified Accountants Accountex Pro 16 Cestrian Street Bolton BL3 2BD

16

Rainbow Surprise CIO

Statement of Financial Activities for the Year Ended 31[st] December 2021

Notes
INCOME FROM:
Donations and legacies
(3)
Charitable activities:
(4)
Other income
(5)
Total
EXPENDITURE ON:
Charitable activities
(6)
TOTAL
Net gains/(losses) on investments
Net/income/(expenditure)
Transfer between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
(13)		 Year Ended Year Ended
31.12.2021
31.12.2020
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
5,001
-
5,001
10,435
-
108,417
108,417
199,284
33,277
-
33,277
-
38,278
108,417
146,695
209,719
57,539
119,606
177,145
104,303
57,539
119,606
177,145
104,303
-
-
-
-
(19,261)
(11,189)
(30,450)
105,416
-
-
-
-
(19,261)
(11,189)
(30,450)
105,416
136,009
16,083
152,092
46,676
116,748
4,894
121,642
152,092

The Statement of Financial Activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

The notes on pages 20 to 25 form part of these financial statements

17

Rainbow Surprise CIO

Balance Sheet as at 31[st] December 2021

Notes
Fixed Assets
Tangible Fixed Assets
(8)
Total fixed assets
Current Assets
Debtors
(11)
Cash at Bank and in hand
Total current assets
Liabilities
Creditors:
Amounts falling due within one year
(12)
Net current assets or liabilities
Total assets less current liabilities
Total net assets or liabilities
The funds of the charity
Restricted income funds
(13)
Unrestricted income funds
(13)
Total charity funds		 2021
£
20,739
20,739
835
100,718

101,553
650
100,903
121,642
121,642
4,894
116,748

121,642		 2020
£
33,576
33,576
2,745
120,246
122,991
4,475
118,516
152,092
152,092
16,083
136,009
152,092

The financial statements were approved and authorised for issue by the trustees and signed on their behalf by:

Shakar Hussain (Chair)

Date: 27[th] September 2022

The notes on pages 20 to 25 form part of these financial statements

18

Rainbow Surprise CIO

Statement of cash flows for the year ended 31[st] December 2021

Note
Cash provided by/(used in) operating activities
(15)
Cash flows from investing activities
Purchase of fixed assets
Sale of fixed asset
Loss on disposal of fixed asset
Net cash provided by investing activities
Increase/(decrease) in cash and cash equivalents during the
year
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward		 2021
£
(19,528)
-
-
-
-
(19,528)
120,246
100,718		 2020
£
118,649
56,367
(8,000)
(4,400)
43,967
74,682
45,564
120,246

19

Rainbow Surprise CIO

Notes to the accounts for the year ended 31[st] December 2021

1. Accounting policies

(a) Basis of preparation of account

The financial statements of the charity, 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), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

(b) Funds structure

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustee’s at their discretion, have created a fund for a specific purpose. Further details of each fund are disclosed in note 13.

(c) Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Grants which relate to a specific period are deferred.

(d) Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal obligation or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure other than that capitalised has been reflected in the income and expenditure account on an accruals basis including support costs and governance costs which are allocated or apportioned to the applicable expenditure headings.

(e) Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

(f) Allocation of support and governance costs

Governance costs comprise all costs including the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs. Support costs have been allocated between governance costs and other support costs. The allocation of support and governance costs is analysed in note 7.

20

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2021

(g) Cost of raising funds

There were no costs associated with raising funds for the year ended 31[st] December 2021.

(h) Charitable activities

Costs of charitable activities includes governance costs and support costs as shown in note 6.

(i) Fixed Assets

Fixed assets are stated at cost less accumulated depreciation. The cost of minor additions or those costing below £200 are not capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, as follows:

Furniture & Equipment 25% on costPlay Equipment25% on cost
Motor Vehicles 25% on costComputer25% on cost

(j) Taxation

The charity is not subject to any taxes on its charitable activities.

(k) Realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise.

(l) Pensions

The charity does not currently operate a pension scheme as it currently has no paid employees.

(m) Contingent liabilities

A contingent liability is defined and disclosed for those grants resulting from:

A possible obligation which will only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees` control.

2. Related party transactions and trustees` expenses and remuneration

The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind. None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity. (2020:nil).

3. Donations and legacies

Donations
2020		 Year Ended
Year Ended
31st
December
31st
December
2021
2020
Unrestricted
Restricted
Total funds
Total funds
£
£
£
£
5,001
-
5,001
10,435
5,001
-
5,001
10,435
-
10,435
10,435

21

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2021

4. Income from charitable activities

Manchester City Council
We love Manchester
Martin Lewis Fund
Awards for all
Clothwork
The works
Hubbub
Sports Equal
Young Manchester
NHS Buzz
Caritos Diocese
Lottery Covid
Charities Trust
Forever Manchester
Manchester active
2020
5.Other income
Other income
6. Expenditure
Expenditure on charitable activities
Wages
Charitable expenditure
Support costs
Governance		 31st
December
31st
December
2021
2020
Unrestricted
Restricted
Total funds
Total funds
£
£
£
-
69,832
69,832
109,545
-
-
-
12,980
-
-
-
15,000
-
-
-
10,000
-
-
-
10,000
-
10,919
10,919
-
-
3,000
3,000
-
-
2,000
2,000
-
-
10,304
10,304
-
-
1,020
1,020
-
-
11,342
11,342
-
-
-
-
24,211
-
-
-
4,500
-
-
-
12,268
-
-
-
780		 31st
December
31st
December
2021
2020
Unrestricted
Restricted
Total funds
Total funds
£
£
£
-
69,832
69,832
109,545
-
-
-
12,980
-
-
-
15,000
-
-
-
10,000
-
-
-
10,000
-
10,919
10,919
-
-
3,000
3,000
-
-
2,000
2,000
-
-
10,304
10,304
-
-
1,020
1,020
-
-
11,342
11,342
-
-
-
-
24,211
-
-
-
4,500
-
-
-
12,268
-
-
-
780
-
108,417
108,417
199,284
134,525
64,759
199,284
Year ended
Year ended
31st
December
2021
31st
December
2021
Unrestricted Restricted
Total
Total
£
£
£
£
33,277
-
33,277
-
33,277
-
33,277
-
Year ended
Year ended
31st
December
2021
31st
December
2021
Unrestricted Restricted
Total
Total
£
£
£
£
20,475
6,021
26,496
-
34,630
113,585
148,215
101,937
1,784
-
1,784
1,716
650
-
650
650
57,539
119,606
177,145
104,303

22

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2021

7. Allocation of governance and support costs

The breakdown of support costs and how these were allocated between governance and other support costs is shown below.

Accountancy Fees
Insurance
Postage, printing & stationary
. Fixed Assets
Cost
As at 01.01.2021
Additions
-
Disposals
Loss on disposal
As at 31.12.2021
Depreciation
As at 01.01.2021
Charge for year
As at 31.12.2021
NET BOOK VALUE
As at 01.01.2021
As at 31.12.2021
. Independent Examiner Fees
Independent Examination Fees		 Accountancy Fees
Insurance
Postage, printing & stationary
. Fixed Assets
Cost
As at 01.01.2021
Additions
-
Disposals
Loss on disposal
As at 31.12.2021
Depreciation
As at 01.01.2021
Charge for year
As at 31.12.2021
NET BOOK VALUE
As at 01.01.2021
As at 31.12.2021
. Independent Examiner Fees
Independent Examination Fees		 2021
2020
General Governance
Total
Total Basis of apportionment
support
-
650
650
650
Nature of expenditure
1,285
-
1,285
1,255
Nature of expenditure
499
-
499
461
Nature of expenditure
1,784
650
2,434
2,366
Equipment
Motor
Computer
Total
£
£
£
£
5,764
33,216
8,169
47,149
-
-
-
-
-
-
-
-
-
5,764
33,216
8,169
47,149
2,328
8,603
2642
13,573
2,291
8,504
2,042
12,837
4,619
17,107
4,684
26,410
3,436
24,613
5,527
33,576
1,145
16,109
3,485
20,739
Year Ended
Year Ended
Total Funds
Total Funds
£
£
650
650
650
650		 2021
2020
General Governance
Total
Total Basis of apportionment
support
-
650
650
650
Nature of expenditure
1,285
-
1,285
1,255
Nature of expenditure
499
-
499
461
Nature of expenditure
1,784
650
2,434
2,366
Equipment
Motor
Computer
Total
£
£
£
£
5,764
33,216
8,169
47,149
-
-
-
-
-
-
-
-
-
5,764
33,216
8,169
47,149
2,328
8,603
2642
13,573
2,291
8,504
2,042
12,837
4,619
17,107
4,684
26,410
3,436
24,613
5,527
33,576
1,145
16,109
3,485
20,739
Year Ended
Year Ended
Total Funds
Total Funds
£
£
650
650
650
650
5,764
33,216
2,328
8,603
2,291
8,504
4,619
17,107
3,436
24,613
1,145
16,109
Year Ended
Total Funds
£
650
650

8. Fixed Assets

9. Independent Examiner Fees

10. Analysis of staff costs

The charity employed staff during the period – 1.5 EFT (2020:0) No staff were paid more than £60,000 per annum.

23

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2021

11. Analysis of debtors

2021
2020
£
£
Prepayments
835
1,955
Debtors
-
790
835
2,745
Prepayments relate to unrestricted funds (2020: unrestricted)
12. Creditors: Amounts falling due within one year
2021
2020
£
£
Accruals
650
650
Other creditors
-
3,825
650
4,475
Creditors related to unrestricted funds in 2021 and unrestricted (£650) restricted (£3,825) in 2020		 2021
2020
£
£
835
1,955
-
790
835
2,745
2021
2020
£
£
650
650
-
3,825
650
4,475

13. Analysis of charitable funds

Analysis of movement in restricted funds Analysis of movement in restricted funds
Balance as at Incoming Resources Transfers Balance as at
01.01.2021 Resources Expended 31.12.2021
RESTRICTED
Manchester City Council - 69,832 69,832 - -
The works - 10,919 6,025 - 4,894
Hubbub - 3,000 3,000 - -
Sports Equal - 2,000 2,000 - -
Young Manchester - 10,304 10,304 - -
NHS Buzz - 1,020 1,020 - -
Caritos Dioces 11,342 11,342 - -
Lottery Covid 16,083 - 16,083 - -
16,083 108,417 119,606 - 4,894

Name of restricted fund Description, nature and purpose of fund

Manchester City Council Funds for foodbank during Covid19 The works Maranda & Raees pay through Kick start program & training Hubbub Community Fridge project Sports Equal Exercise Classes Young Manchester Playscheme NHS Buzz Food bank and Santa Surprise project Caritos Dioces Workshop Sewing & Knitting Lottery Covid Funds for foodbank during Covid19

24

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2021

Analysis of movement in unrestricted funds
Balance as at Incoming Resources Transfers Balance as at
01.01.2021 Resources Expended 31.12.2021
UNRESTRICTED
General Fund 136,009 38,278 57,539 - 116,748
Total Unrestricted Funds 136,009 38,278 57,539 - 116,748

Name of unrestricted fund: Description and nature of fund General fund The “free reserves” after allowing for all designated funds

14. Analysis of net assets between funds

Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Total		 Unrestricted Restricted
funds
funds
Total
£
£
£
15,845
-
15,845
100,718
4,894
105,612
185
-
185
116,748
4,894
121,642

15. Reconciliation of net movement in funds to net cash flow from operating activities

Net income/expenditure for the year
Adjustments for:
Depreciation charge
Decrease/(increase) in debtors
Increase/ (decrease in creditors)
Net cash provided by / (used) in operating		 2021
£
(30,450)
12,837
1,910
(3,825)
(19,528)		 2020
£
105,416
11,584
(2,526)
4,175
118,649

25