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2023-12-31-accounts

Rainbow Surprise CIO

TRUSTEES` ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023

Registered Charity No. 1165007

Rainbow Surprise CIO

INDEX

Page No Contents
1 - 21 Trustees Annual Report
22 Independent Examiners Report
23 Statement of Financial Activities
24 Balance Sheet
25 Statement of Cash Flows
26-32 Notes to the Accounts

RAINBOW SURPRISE CIO

Trustees Report for the year ended 31[st] December 2023

The Trustees have pleasure in presenting their report and the unaudited financial statements for the year ended 31st December 2022. 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) (effective 1 January 2019).

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 04th January 2016.

The Trustees who served during the period are as follows:

Shakar Hussain (Chair)

Dr Sayed Aisha B Malik

John Wynne Roberts Shabana Mirza Noel John Hulse Appointed 02 March 2023

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 2023

Objectives and activities

Charity Objects

The objects of the CIO are:

(B) The relief of those in need, by reason of age, ill-health, disability, financial hardship or other disadvantage by such charitable means as the trustees see fit from time to time.

(C) To further such other charitable purposes for the benefit of the public as the trustees see fit from time to time.

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

2

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Achievements and Performance

Nationwide Building Society Volunteer Day

We hosted staff from Nationwide Building Society for a volunteer day. On the day they helped us run the charity with daily tasks that our volunteers carry out, such as stocking the shelves, picking up deliveries, chatting with the community etc. It was a lovely day and we were happy to raise awareness on how valuable volunteering is for the community – however small it matters and as a charity ran by volunteers we appreciate this effort massively.

Mental Health

We receive funding from organisations such as Caritas and Jigsaw and use this funding to run workshops to improve mental health of people within the community. The participants made friends, had fun, and felt it was a safe space to be. They also felt confident on trying some of these activities on their own at home as a hobby.

3

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Throughout the year we celebrate various days with the community. Here the community joined us for the annual Pancake Day, where they were free to make and enjoy their pancakes whilst socialising with others. It was a fun day with lots of laugh and some delicious pancakes.

Skills sessions

Throughout the year we ran various life skill sessions, such as on financial budgeting and free first aid training. These sessions are not always available to many in our community, so we aim to bridge these knowledge gap and allow people to thrive.

Moreover, about 25 people joined our sewing classes and has completed the course. They are now equipped with a life skill that they can take further to a professional level or sew as a practical hobby that improves their mental health as well as derive enjoyment from making their own clothes. The success of the classes means that this is something we hope to restart next year, we already have a high demand as many people is on our waiting list to start sewing with the next batch.

4

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Women’s Exercise Classes

Over the year we successfully ran regular exercise classes for women in response to specific requests from the local community. We offered Bhangracise, Yoga and Zumba and Cricket classes. This was a great way for these ladies to attend a local workout class with like-minded peers and make lasting friendships. Over 30 women and young girls benefited from these sessions, and we hope to continue these sessions for the next year.

Cricket

Had an amazing evening at Lancashire Cricket Club. Thank you for the invite it was so nice to meet everyone. So proud to be partnering up with Lancashire Cricket to deliver Cricket in Crumpsall.

5

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Youth cricket session – this year we focused on providing cricket sessions for children and teenagers. It allowed young teens to access the sport that is not easily available.

Our young people had a cricket match on Bolton today and they have got to semi final.

Play and Youth Provision – in partnership with MCRactive

6

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

7

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

We successfully ran our Holiday Playschemes and Youth Workshops again this year, serving free breakfasts, lunches, and fresh fruit snacks to 100s of kids and teenagers during the school vacation. We engaged in a lot of physical activity and fantastic outings to various locations. We effectively delivered playschemes for one week in February, two weeks in April, four weeks in the summer, one week in October, and two weeks in the winter.

Community events: Meetings, Nights, and Spring Lunch

We hosted various community events throughout the year, many of which were fundraiser for our food bank and other charitable ventures. The Ladies Night was a fun get together for ladies ran by ladies, it was a safe and fun night.

We ran an Eat your Pumpkin event to combat food waste, of pumpkins especially, following Halloween. Over 30 people came to the event and helped us with eating the pumpkin pies!

The Spring Lunch was for over 50s in our community to socialise with each other and have a lovely lunch when the weather is nice. Loneliness is very common in elderlies, and we hope to provide more events like this to help them connect with others and feel less lonely.

8

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Lets Talk Crumpsall is a get together event we hosted to provide a platform for our community to talk to Manchester City Council regarding the council’s future plans for our parks and green spaces. It provided a valuable discussion opportunity and ensured that the residents were aware of future changes.

Back to School Free Hair Cuts and Uniforms

9

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

The cost-of-living crisis continues to affect families in the community, and with the support of 2 amazing hair salons and money raised through our Community Shop, like last year we carried out this event to ensure children can get their uniforms and a free haircut. Over 100 children got free uniforms and free haircuts. We thank our wonderful hairstylist and barbers who support us, as well as our customers who shops with us and allow us to carry these events for the community.

Also, a big thank you to everyone who supported us on our tabletop sale. We raised £383.60 which we used for the Santa Surprise.

Christmas Fair, Christmas Eve.

With the help of our trustees and Poppy Soldators we collected surplus from supermarket and managed to deliver it to over 30 families on Christmas Eve. Also, our volunteers helped the Church with their Christmas fair fundraiser.

10

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Christmas dinner and Santa Surprise

The Christmas Dinner was also a big success. 84 people spent Christmas day with us enjoying a 3-course traditional meal, listening to the King’s Speech followed by great music and lots of dancing. The attendees, who would have been left on their own otherwise, had a fantastic day. They were able to celebrate Christmas with others in a cosy and welcoming setting.

Only our wonderful volunteers, who assisted with preparation, serving, pickups, and drop-offs, made this possible. We are grateful to Manchester City Council for their support in enabling us to offer this event at no cost.

11

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Santa surprise

This year we were able to gift over 40 children on Christmas, with our lovely volunteers helping us out with the delivery of gifts as Santa and his helpers.

Community Fridge

Our introduction of the Community Fridge to Crumpsall has been a successful project that we are committed to carry on. We collect perishable surplus food from Asda, Greggs, Sainsbury etc and store it for people to collect a number of items for themselves and their families for free.

We run the community fridge twice a week and have helped tens of people every week who come and use the fridge, this reduces food poverty in our community along with food waste which remains a prominent issue in the UK across the supply chain.

We thank all our volunteers who helps with collecting and stocking up the fridge every week.

12

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Community Shop

This year was our second year of running the Community Shop project to support struggling families and combat food poverty. They can now purchase inexpensive groceries and stop depending on foodbanks thanks to the business. In addition, it is a social venture that brings in much-needed money for our charitable endeavours. Due to this, anyone can use it without a referral, and there is no stigma associated with doing so.

Over 1000 people use this service and on average people have saved £40 on their weekly shop. Moreover this project helps us to keep the foodbank going as any profit we made goes into the running of the charity.

Meeting Lord Mayor Manchester – Donna Ludford

It was our pleasure to have Lord Mayor come and visit our centre and be invited to the afternoon tea with the #lordmayorofmanchester

13

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

Outcomes and Impact

We ran an evaluation at the end of 2023 to evidence our impact. The results are shown below. Our reporting shows the percentage being positive on our impact, calculated as those scoring 6 or above. We also, where appropriate, show average ratings out of 10.

HEALTH

The results around health show significant impact of the work of Rainbow Surprise on people. The comments evidence that this has been achieved through a combination of exercise, food support, social and mental health activities.

75.46% of people reported that we had helped them maintain their health with an average rating of 7.33.

Comments on how it did this included:

14

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

74.19% of people reported that their experience with Rainbow Surprise led to them leading a healthier life with an average rating of 6.99.

Comments on how it did this included:

15

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

51.6% of people reported living healthily before support from Rainbow Surprise rising to 81.6% after support. Average rating of living healthily rose significantly from 5.20 to 7.31.

16

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

FINANCES

The results around financial circumstances show significant impact, especially due to food support. Other activities and services including lunches, playschemes, free haircuts and school uniforms are also noted as having impact.

81.1% of people reported that we had helped them reduce financial difficulties with an average rating of 7.41.

Comments on how it did this included:

17

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

76.6% of people reported that support had decreased their anxiety regarding money with an average rating of 6.97.

SOCIAL

The results around socialising show that people feel cared for and have made new friendships through Rainbow Surprise. The impact comes from across the activities including food support, community events, lunches, exercise, social and mental health activities.

Comments on how it did this included:

18

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

73.5% of people reported that with Rainbow Surprise led to them developing new friendships with an average rating of 6.97.

Comments on how it did this included:

19

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

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 2023 is £82,972 which is unrestricted, (2022: £70,537 unrestricted) no restricted funds was held as at 31[st] December 2023. The trustee aims 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.

20

Rainbow Surprise CIO

Trustees Report (continued) for the year ended 31[st] December 2023

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: 08[th] January 2024. And signed on its behalf by:

Shakar Hussain Chair of Trustees

21

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 2023 which are set out on pages 23 to 32.

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

Date: 09[th] January 2024

22

Rainbow Surprise CIO

Statement of Financial Activities For the Year Ended 31[st] December 2023

Notes
INCOME FROM:
Donations and legacies
(3)
Charitable activities:
(4)
Other trading activities
(5)
Total
EXPENDITURE ON:
Charitable activities
(6)
Other trading activities
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
31.12.2023
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
6,217
-
6,217
381
150,608
150,989
81,694
-
81,694		 Year Ended
31.12.2022
Total
Funds
£
7,308
107,005
34,610
88,292
150,608
238,900		 148,923
75,857
150,608
226,465		 200,028
75,857
150,608
226,465		 200,028
12,435
-
12,435
-
-
-		 (51,105)
-
12,435
-
12,435
70,537
-
70,537		 (51,105)
121,642
82,972
-
82,972		 70,537

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 26 to 32 form part of these financial statements

23

Rainbow Surprise CIO

Balance Sheet as at 31[st] December 2023

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 unrestricted funds
Total charity funds		 2023
£
693
693
23,994
65,352
89,346
7,067
7,067
82,279
82,972
-
82,972
82,972
82,972		 2022
£
9,798
9,798
4,183
59,598
63,781
3,042
3,042
60,739
70,537
-
70,537
70,537
70,537

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

Shakar Hussain (Chair)

Date: 08[th] January 2024

The notes on pages 26 to 32 form part of these financial statements

24

Rainbow Surprise CIO

Statement of cash flows for the year ended 31[st] December 2023

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		 2023
£
6,447
693
693
5,754
59,598
65,352		 2022
£
(41,120)
-
-
(41,120)
100,718
59,598

25

Rainbow Surprise CIO

Notes to the accounts for the year ended 31[st] December 2023

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) (effective 1 January 2019)', 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.

26

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2023

(g) Cost of raising funds

There were no costs associated with raising funds for the year ended 31[st] December 2023.

(h) Charitable activities

Costs of charitable activities includes governance costs and support costs as shown in note 7.

(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 cost Play Equipment 25% on cost Motor Vehicles 25% on cost Computer 25% 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. (2022:nil).

3. Donations and legacies

.
Donations and legacies





Donations
2022		 Year Ended
Year Ended
31st
December
31st
December
2023
2022
Unrestricted
Restricted
Total funds
Total funds
£
£
£
£
6,217
-
6,217
7,308
6,217
-
6,217
7,308
7,308
-
7,308

27

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2023

4. Income from charitable activities

Manchester City Council
The works
Sports Equal
Caritos Diocese
Hubbub
Jigsaw Homes
SSG Sustainable
Manchester Active
Jam H
Bauer Radio
Lottery
The cooperative
MWF Grant
Manchester BME Network
Other grants
2022		 31st
December
2023
Unrestricted Restricted
Total funds
£
£
£
-
63,753
63,753
-
-
-
-
-
-
-
-
-
381
1,000
1,381
-
8,540
8,540
-
-
-
-
47,902
47,902
-
9,622
9,622
-
2,850
2,850
-
16,941
16,941
-
-
-
-
-
-
-
-
-
-
-
-		 31st
December
2022
Total funds
£
15,790
9,792
2,000
4,996
-
6,480
20,272
18,814
7,233
-
-
1,300
2,000
3,000
15,328
381
150,608
150,989		 107,005
16,628
90,377
107,005

5. Other trading

activities

5. Other trading
activities
Other trading activities
2022		 31st
December
2023
Unrestricted
Restricted
Total funds
£
£
£
81,694 -
81,694		 31st
December
2022
Total funds
£
34,610
81,694 -
81,694		 34,610
34,610 -
34,610

28

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2023

6. Expenditure

Year ended
31st December
2023
Unrestricted Restricted
Total
Expenditure on charitable activities
£
£
£
Wages
11,328
20,138
31,466
Charitable expenditure
45,655
124,862
170,517
Premises
6,367
5,108
11,475
Support costs
2,059
500
2,559
Governance
650
-
650
Depreciation
9,798
-
9,798
75,857
150,608
226,465
2022
104,757 95,271
200,028		 Year ended
31st December
2023
Unrestricted Restricted
Total
£
£
£
11,328
20,138
31,466
45,655
124,862
170,517
6,367
5,108
11,475
2,059
500
2,559
650
-
650
9,798
-
9,798		 Year ended
31st December
2023
Unrestricted Restricted
Total
£
£
£
11,328
20,138
31,466
45,655
124,862
170,517
6,367
5,108
11,475
2,059
500
2,559
650
-
650
9,798
-
9,798		 Year ended
31st December
2022
Total
£
28,529
158,219
-
1,689
650
10,941
75,857
150,608
226,465		 200,028
104,757 95,271
200,028

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		 2023
General Governance
Total
support
-
650
650
1,352
-
1,352
1,207
-
1,207		 2022
TotalBasis of
apportionment
650
Nature of expenditure
1,348
Nature of expenditure
341
Nature of expenditure
2,339
2,559
650
3,209

29

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2023

8. Fixed Assets

Equipment
£
Cost
As at 01.01.2023
5,764
Additions
693
As at 31.12.2023
6,457
Depreciation
As at 01.01.2023
5,764
Charge for year
-
As at 31.12.2023
5,764
NET BOOK VALUE
As at 01.01.2023
-
As at 31.12.2023
693
9. Independent Examiner Fees
Year Ended
Total Funds
31st December 2023
£
Independent Examination Fees
650
650
10. Analysis of staff costs
The charity employed staff during the period - 1 FTE staff.
No staff were paid more than £60,000 per annum.
11. Analysis of debtors
Prepayments
Debtors		 Equipment
£
5,764
693		 Motor
Computer
Total
£
£
£
33,216
8,169
47,149
-
-
693		 Motor
Computer
Total
£
£
£
33,216
8,169
47,149
-
-
693
6,457 33,216
8,169
47,842
5,764
-		 24,562
7,025
37,351
8,654
1,144
9,798
5,764 33,216
8,169
47,149
- 8,654
1,144
9,798
693 -
-
693
Year Ended
Total Funds
31st December
2022
£
650
650
2023
2022
£
£
1,777
233
22,217
3,950
23,994
4,183

Prepayments relate to unrestricted funds (2022unrestricted)

30

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2023

12. Creditors: Amounts falling due within one year

Accruals
Other creditors		 2023
2022
£
£
650
650
6,417
2,392
7,067
3,042

Creditors related to unrestricted (£7,067) funds in 2023 and unrestricted in 2022 (£3,042)

13. Analysis of charitable funds

Analysis of movement in unrestricted funds

UNRESTRICTED
General Fund
Total Unrestricted Funds
ame of unrestricted fund:
RESTRICTED
Manchester City Council
Hubbub
Jigsaw Homes
Manchester Active
Jam H
Bauer Radio
Lottery		 Balance as at
Incoming
Resources
Transfers
Balance as at
01.01.2023
Resources
Expended
31.12.2023
70,537
88,292
75,857
-
82,972
70,537
88,292
75,857
-
82,972
Description and nature of fund
Balance as
at
Incoming Resources
Transfers
Balance as at
01.01.2023
Resources
Expended
31.12.2023
-
63,753
63,753
-
-
-
1,000
1,000
-
-
-
8,540
8,540
-
-
-
47,902
47,902
-
-
-
9,622
9,622
-
-
-
2,850
2,850
-
-
-
16,941
16,941
-
-
-
150,608
150,608
-

Name of unrestricted fund: Description and nature of fund

General fund The “free reserves” after allowing for all designated funds

Analysis of movement in restricted funds

Name of restricted fund Description, nature and purpose of fund

Manchester City Council Funds for running costs and cost of living payments Hubbub Funds for running costs Jigsaw Homes Activities Manchester Active Funds for playscheme Jam H Therapy sessions Bauer Radio Childrens school uniforms, haircuts, and accessories Lottery Running costs

31

Rainbow Surprise CIO

Notes to the accounts (continued) for the year ended 31[st] December 2023

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
£
£
£
693
-
693
65,352
-
65,352
16,927
-
16,927
82,972
-
82,972

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

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		 2023
£
12,435
9,798
(19,811)
4,025
6,447		 2022
£
(51,105)
10,941
(3,348)
2,392
(41,120)

32