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← Rainbow Home North

2024-03-31-accounts

RAINBOW HOME (NORTH EAST ENGLAND)

REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2024

Charity Number 1173782

RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

The trustees are pleased to present their annual report together with the financial statements of the charity for the period ended 31 March 2024, which are also prepared to meet the requirements for a Directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, 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 Republic of Ireland FRS 102 (effective 1 January 2019).

1. Objectives and Activities

The objectives of the charity is to provide relief, assistance and to promote social inclusion to those seeking asylum; those granted refugee status and any other migrants, and their families and dependents, and in particular such of those said persons who identify as Lesbian, Gay, Bisexual or Transgender, by preventing them from becoming socially excluded, relieving the needs of those who are socially excluded and assisting them to integrate into society.

(For this purpose "socially excluded" refers to "those who are excluded from society, or parts of society, as a result of one or more of the following factors: ill health; disability; unemployment; poverty or financial hardship; race; nationality or ethnic origin; language; gender; sexuality; poor education or skills attainment; being within or having experience of the public care system, detention or prison).

2. Public Benefit Statement

To provide a safe space for LGBTQ+ people seeking asylum:

The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the Charity.

1

RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

In particular the trustees consider how planned activities will contribute to the aims and objectives that they have set and are satisfied that the teaching and outreach

activities undertaken by the beneficiaries of Rainbow Home bring considerable public benefit to the communities they serve.

3. Policy on Grant Making

As a charity we don’t award grants. We do however rely on making applications for grants and achieving them.

4. Contribution by Volunteers

Rainbow Home members volunteer in various capacities across the region, participating in community focussed activities such as a community cafe. Volunteering provides a range of outcomes including development of social networks, integration and skill development. Our members also volunteer with Rainbow Home activities such as in the delivery of the Christmas Party activities.

We used more volunteers to create the food for our Christmas and to help serving it.

5. Achievements and Performance

This annual reporting period, 2023-24 has seen positive change for Rainbow Home North East England and for many people we support. Most importantly, despite a hostile environment, many of our members have continued to flourish in the face of adversity. During the past 12 months, 19 people receiving support from Rainbow Home members have been granted Leave to Remain, 7 are female, 12 male. Of this 19, 15 are core members and 4 people were on the the waiting list yet receiving some support including waiting list confirmation letters and contact.

2 males have been refused, not due to belief in their sexuality but that their countries are safe to return to. Sadly, one male has been detained.

In addition to the 19 members themselves, are 9 children and young people, and two spouses.

This has clearly been positive news for them, however alongside the positive news came further upheaval and insecurity as we worked with them and local authority housing provision to try and find suitable alternative accommodation for them so they could settle and build a home.

We still have members awaiting a decision and data for 2023 shows a significant backlog in decision making.

In 2023, Gov.UK published data states 2% of all asylum claims, (1,377) from 20152023 included sexual orientation as part of the basis for the claim. Published data also states that the number of LGB claims had a 49% decrease in 2023 from the previous year. This is not reflected in the demand for Rainbow Home service in the North East.

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

‐ Asylum claims on the basis of sexual orientation 2023 GOV.UK (www.gov.uk)

Some claims are refused and we support people with appeals as appropriate, currently 3 members.

Also to consider; those seeking asylum are not required to disclose their orientation when they apply for asylum. Many of our members say they do not disclose for a multitude of reasons, including fear of further persecution and harm. In other cases, sexual orientation may not be a significant factor in a person’s case for protection. All members of Rainbow Home feel LGB orientation is the main factor in their reasons for seeking asylum in the UK. The published data does not reflect whether LGB orientation was the sole basis for the claim.

In April 2023, Rainbow Home experienced staffing and capacity difficulties, the difficult decision was made to close our waiting list to new people, in order to continue offering a quality service to the individuals already members of Rainbow Home. During this time, an interim manager was recruited and 1:1 case work with existing members continued as statements were prepared and emotional and practical support provided. A key factor in this difficult decision to close the waiting list was the fact that Rainbow Home had enjoyed a longstanding relationship with Mesmac, a specialist service for gay and bisexual men. Mesmac were sadly no longer able to support the work due to changes in their structure and eventual closure.

However, in terms Rainbow Home North East England as an organisation, we are delighted to share our new staffing structure and the fact we now have three paid members of staff in post, all part time. Our new structure consists of our CEO (previous interim manager), in post since August 23, and two part time project workers from Jan

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

  1. Together we make up just over 1 full time equivalent post. We continue to be led and supported by our experienced Board of Trustees with a wide

range of diverse skills and experiences, including members with direct lived experience of navigating the asylum system as a member of the LGBTQ+ community. Our focus has therefore been on providing a quality service and reducing the waiting list.

At the end of the reporting period, there were 26 people on the waiting list. The new worker inductions took time, due to the part time nature and from April 2024 they started working directly with people.

The number of asylum seekers contacting Rainbow Home for advice and support has increased from last year and the delays in decision making referenced above means we have a cohort of people who have been supported by us for 12 months or more. The longest we have supported someone while waiting for a decision is over 3 years and his case has now concluded. We are now supporting people who need to apply again, following their 5-year initial Leave to Remain decision.

On average 4-5 new referrals are received every month although not all are eligible for the service. We have a rigorous initial assessment period to ensure Rainbow Home are the right service and people belong to the LGBTQ+ community and can work with us. If not, we help them find the correct support. We approach this assessment period and all of our work with great sensitivity, appreciating everyone’s unique history and narrative.

During 23-24

Key themes throughout the reporting period include mental health and wellbeing with 2 referrals to Crisis Team, and 4 referrals to further therapeutic support. Housing and homelessness, also a recurrent theme, heightened due to changes in people’s immigration status, safeguarding concerns and hate crime. We also supported members to access specialist advice such as legal support and to support their asylum claim and reunion visas once successful.

On average 19 to 20 people per month access support from Rainbow Home, for 1 to 1 casework, group support, and initial support following leave to remain.

The Rainbow Home worker provided

People who achieved refugee status: 19, plus 9 children and young people, plus 2 spouses

Further support after Leave to Remain status has included help with housing/ benefits/ bank systems/ work skills/ accessing training and emotional support.

.

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

We signposted to multiple organisations during the year including a range of local social and support groups covering:

Asylum support specialists including:

Activities:

Following the successful recruitment and new staff in post from January 2024 we have been able to reestablish the popular monthly meetings. This historically was a monthly meeting where members would attend for lunch. This has evolved slightly and is now Monthly Members Club, a group led opportunity for peer sessions, activities and visits, shaped by the group and their interests.

Tyneside MIND collaborative sessions with Rainbow Home running fortnightly throughout the year. Attendances ranging to up to 12 participants per session.

Art Exhibition Refugee Week June 2023 attended by both Rainbow Home and Board members, with invited supports from North East Law Centre. Hatton Gallery generously offered us space where we had refreshments and celebrated the launch of our exhibition.

Curious Arts Vogue Ball 5 members attended (July 2023)

Fundraiser at Wellbar Buildings and Newcastle College Students Union, organised by their staff.

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT

For the year Ended 31 March 2024

Northern Front Runners 5K Fun Run 21/7/23 attended by members, some who ran and others who cheered others on. Despite the terrible weather we had a such great time and really enjoy our relationship with Northern Front Runners.

Beach trip (August 23) Wonderful trip to the beach attended by 8 members, all in the sea! Some had never been to a beach before.

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

Trans Day of Remembrance Event (Nov 23)

Rainbow Home attend and support, participating in the name reading of those who have lost their lives across the world.

Board Meeting (November 23) attended by 2 members. This was an excellent opportunity to meet the Board and be part of our strategic planning discussions.

Winter Party Dec 2023 attended by 17 people and 5 children, supported by Board members and 4 volunteers. Thank you to Northumbria Police for your support and donated gifts.

United With Pride Supported Rainbow Home to attend NUFC women’s game.

North East Solidarity Network Stall holders, raising awareness of the unique voice of the LGBTQ+ asylum community.

Group sessions were able to commence again from February 2024 with members invited to come along and meet our new team.

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

Pride Action North Annual Ball February 2024

We were very proud that our CEO was nominated for the Ally Award and Rainbow Home nominated for Third Sector Award.

Development work included:

Members Feedback

Thank you so much Jill, you are God sent angel, sent to me at the point of my needs and deliverance, I really appreciate your good work for me. God bless you so much

Rainbow Homes as a charity organisation that supports LGBT Communities, is a great organisation that has helped me and provide support for me and every members of the group.

Rainbow Homes has helped me by funding my transportation to the group meetings every two weeks of the month.

Rainbow Homes have supported me with food banks and some clothing materials.

Rainbow Homes have also provided support for me on the issues of my mental health

Rainbow Homes has also helped me to look for a solicitor when I have none.

We are really excited and happy with this group and thanks for providing us that party and I hope things like this always happen. Hope Rainbow home continues this journey together helping LGBT Vulnerable people to get their rights MANY THANKS

I am really appreciated the party was good and I enjoyed the food, game and gift as well thanks very much for your support and being there for us

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

6. Fundraising

We have continued to raise funds. We have completed the previous grants from Barbour; Mind; Allan Lane; Pears and Newcastle City Council. The Small amount of £7.82 left in the RAP Grant should be added to the general Fund. We received a Grant from The Catherine Cookson Charitable Trust, the grant from NorthEast Law continued with one more receipt in the year and we received a second donation from the Lloyds Foundation, to complete the full Grant.

The successful funding bid from Lloyds enables Rainbow Home to further develop our staffing structure, with plans to employ a part-time CEO at 2 days a week rather than 1 day and possibly increase the other staff hours in 2024/25. The funding received in 2023/24 means we know we have enough funds for 2024/25 and some will roll into 2025/26.

We are also extremely appreciative of members from the wider community who donate to us, monthly, as and when or one-off donations, including an incredibly generous donation following a 40[th] birthday party, where the host requested donations for Rainbow Home as oppose to gifts. Thank you everyone who supports us in whatever way you can.

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

7. Investments

We do not place any of our money in investments. Any excess money is placed in a savings account with Lloyds Bank, so that we can earn some interest but be able to use it when required.

8. Financial Review

Review of the year

The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements.

The Receipts and Payments Account for the year ended 31 March 2024 shows net receipts across all funds of £17,456 (2023: £19,318).

The Statement of Assets and Liabilities at 31 March 2024 shows total cash fund carried forward of £89,331 (2023: £71,875) of which there are £0 restricted funds (2023: £4,166)

9. Reserves policy

In line with our Finance Policy, the Trustees and Finance Subgroup has considered the level of reserves and will ensure that Rainbow Home has free reserves on hand, not designated for specific purposes or otherwise committed, equivalent to not less than 6 months working expenditure. Where no designated funds are available to cover core costs such as Staff salary, Staff costs and other core costs, the reserves should rise to at least 8 months.

The Board has agreed a pot of designated funds of £11,000.00 for use for Fundraising. Any further designated funds must be approved by the Finance Subgroup with final approval obtained by the Board.

10. Future Plans

It is an exciting time for Rainbow Home and we are looking forward to offering a wider service to those who need it across the North East as we grow capacity.

We are excited to build our new Strategic Plan and new aims to ultimately improve outcomes for LGBTQ+ people seeking asylum in the North East of England. This includes strengthening our social activities offer; the peer opportunities are well received and members report significant benefits of connecting with peers in safety.

We will be seeking opportunities to develop and progress our strategic aims, building on both existing and new partnerships to achieve our aims.

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

11. Reference and administrative details of the charity, its trustees and advisors Registered charity name Rainbow Home (North East England) Charity Number 1173782 Registered office C/o St James’s URC Northumberland Road Newcastle Upon Tyne NE1 8JF T rustees and Members of the Board Jackie Jobson Co- Chair Richard Rhodes Co-Chair Charlotte West Treasurer Rose Kelly resigned 30.06.24 Danielle Stone resigned 02.07.24 Patrick Ngabonziz James Anderson from 17.08.23 to 25.05.24 Andrea Cowie - Treasurer Chief Executive Officer Jill Hardie from July 2023 Senior staff members Natalie Lyon until 31.03.23 Jane Bassam-Roper from January 24 Jenna Romero from January 24 Independent Examiner Michelle Wright Bankers Lloyds Bank

12. Structure, governance and management

Governing Document

The organisation is a charity first registered 11[th] July 2017 and the governing document has been amended 14[th] September 2023.

Recruitment and Appointment of the Board

New trustees are brought on board by either existing trustees or through recruitment via Vonne. We are looking to appoint new trustees with lived experience.

Board Induction and Training

New Board Members are introduced to the work of the organisation through discussion with a trustee and then attendance at a Board meeting and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:

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RAINBOW HOME (NORTH EAST ENGLAND) TRUSTEES ANNUAL REPORT For the year Ended 31 March 2024

13. Trustees responsibilities in relation to the financial statement

The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure of the charity for the year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. 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.

08/12/2024 Approved by the trustees on ………………….. and signed on their behalf by:

C West Charlotte West Trustee Charlotte West (Dec 12, 2024 18:38 GMT)

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RAINBOW HOME (NORTH EAST ENGLAND)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2024

I report on the financial statements of Rainbow Home (North East England) for the year ended 31 March 2024, which are set out on pages 14 to 20.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with 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 the 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 in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Michelle Wright MW Accounting, Bookkeeping & Training Woodgate House 5c Wood Street Gateshead NE11 9NP Date: 08/12/2024

13

RAINBOW HOME (NORTH EAST ENGLAND)

RECEIPTS AND PAYMENTS ACCOUNT

For the year ended 31 March 2024

2
Other trading activities
3
4
Payments
5
Total funds carried forward
Reconciliation of funds
Total funds brought forward
Notes
Total income
Donations and legacies
Receipts
Investments
Operation of the charity
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement of funds
Charitable activities		 Unrestricted
Funds
£
41,946
2,488
629
45,062
23,449
23,449
21,614
8
21,622
67,709
89,331		 Restricted
Funds
£
-
-
-
-
4,158
4,158
( 4,158 )
( 8 )
( 4,166 )
4,166
-		 Total
2024
£
41,946
2,488
629
45,062
27,607
27,607
17,456
-
17,456
71,875
89,331		 Total
2023
£
55,013
1,199
78
56,290
36,972
36,972
19,318
-
19,318
52,557
71,875

The Receipts and Payments Statement includes all gains and losses recognised in the year. All receipts and payments derive from continuing activities

The notes on pages 16 to 20 form an integral part of these accounts.

14

Charity Number 1173782

RAINBOW HOME (NORTH EAST ENGLAND)

STATEMENT OF ASSETS AND LIABILITIES

As at 31 March 2024

Cash funds
Current account
Total cash funds
Liabilities
12
Notes		 Unrestricted
Funds
£
89,331
89,331		 Restricted
Funds
£
-
-		 Total
2024
£
89,331
89,331
505		 Total
2023
£
71,875
71,875
952

The notes on pages 16 to 20 form an integral part of these accounts.

Trustee
These financial statements were approved by the Board on:
and are signed on its behalf by:
C West		 08/12/2024
Charlotte West(Dec 12,2024 18:38 GMT)
Charlotte West

15

RAINBOW HOME (NORTH EAST ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

1 Accounting Policies

The accounts have been prepared on the receipts and payments basis. An audit is not required by the charity's constitution and has not been requested by the trustees.

Analysis of receipts
2
Donations and grants
Gift aid
Northern Lights MCC
Lloyds Bank
Pears Foundation
CVS Mental Health Concern
Amazon
NE Law
Newcastle City Council
Catherine Cookson Charitable
Trust
3
Other trading activities
Other income
4
Income from investments
Deposit account interest
Donations		 Unrestricted
Funds
£
5,823
311
1,320
25,000
-
-
-
8,992
-
500
41,946
2,488
2,488
629
629		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
2024
£
5,823
311
1,320
25,000
-
-
-
8,992
-
500
41,946
2,488
2,488
629
629		 Total
2023
£
4,020
273
1,320
27,250
3,000
150
1,000
8,000
10,000
-
55,013
1,199
1,199
78
78

Receipts were £45,062 (2023: £56,290) of which £45,062 was unrestricted or designated (2023: £45,234) and £0 was restricted (2023: £11,056)

16

RAINBOW HOME (NORTH EAST ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

Analysis of payments on charitable activities

5 Charitable payments
Direct costs
Staff training
Support costs
Governance costs
Sundry
Professional fees
Telephone
Grant returned
Independent examiner's fees for reporting on
the accounts
Staff salary
Pension
Staff other costs
Interpreters
Project food & vouchers
Other costs
Rent
Insurance
Office equipment
Project travel		 Unrestricted
Funds
£
2,586
407
-
15,538
33
164
454
457
21
1,092
82
242
-
12
1,672
690
23,449		 Restricted
Funds
£
2,905
-
-
-
-
99
-
-
912
-
242
-
-
-
-
-
4,158		 Total
2024
£
5,491
407
-
15,538
33
263
454
457
933
1,092
324
242
-
12
1,672
690
27,607		 Total
2023
£
16,488
1,093
900
9,195
192
51
900
840
-
823
258
135
4,306
567
476
748
36,972

Payments on charitable activities were £27,607 (2023: £36,972) of which £23,449 was unrestricted or designated (2023: £4,223) and £4,158 was restricted (2023: £32,749)

There were no other fees paid to the examiner (2023: £nil)
Independent examiner's fees for reporting on the accounts
Other accountancy services paid to the examiner		 2024
£
300
114
414		 2023
£
748
476
1,224

7 Analysis of staff costs and the cost of key management personnel

Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)		 2024
£
4,435
189
109
4,732		 2023
£
16,033
1,056
492
17,581

No employee received remuneration above £60,000 (2023: nil)

The key management personnel of the charity, comprise the trustees. The total employee benefits of the key management personnel of the charity were £nil (2023: £nil).

17

RAINBOW HOME (NORTH EAST ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

8 Staff numbers

The average monthly head count was 1 staff (2023: 1 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employee's work
Charitable activities		 2024
Number
1.0
1.0		 2023
Number
1.0
1.0

9 Transactions with trustees

A trustee, C West, was a member of Northern Lights Metropolitan Community Church which has donated an unrestricted amount of £1,320 (2023: £1,320). The donations were issued under normal market conditions and do not form a significant portion of the recipients income. Also one (2023: one) trustee donated for the purpose of unrestricted use, a total of £300 to the charity in the year (2023: £190).

During the year C West (trustee) incurred mobile phone charges of £150 (2023: £144), the phone contract is in C West's name but relates to staff usage and is charged back to C West incurring monthly charge. These costs are under normal market conditions and no outstanding balance is due at the year end.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

10 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

11 Cash at bank and in hand

Cash at bank and in hand
Deposit account
Cash in hand		 Unrestricted
Funds
£
29,561
59,709
60
89,331		 Restricted
Funds
£
-
-
-
-		 2024
£
29,561
59,709
60
89,331		 2023
£
71,763
-
112
71,875

12 Liabilities at the period end

iabilities at the period end
Pension
Payroll charges
Independent examination of accounts		 2024
£
300
91
114
505		 2023
£
690
146
116
952

The above liability transactions are not included in the receipts and payments figures but are due to be paid for work done relating to the financial year.

18

RAINBOW HOME (NORTH EAST ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

13 Events after the end of the reporting period

No events requiring adjustment to the accounts have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

14 Analysis of charitable funds

Analysis of movements in unrestricted funds For the year ended 31 December 2024

Unrestricted funds
General unrestricted fund
Designated funds
Fundraising
Totals		 Fund
balances
brought
forward
£
67,709
-
67,709		 Incoming
resources
£
45,062
-
45,062		 Resources
expended
£
( 23,449 )
-
(23,449)		 Transfers
£
( 10,992 )
11,000
8		 Fund
balances
carried
forward
£
78,331
11,000
89,331

For the year ended 31 August 2023

Unrestricted funds
General unrestricted fund
Totals		 Fund
balances
brought
forward
£
26,698
26,698		 Incoming
resources
£
45,234
45,234		 Resources
expended
£
( 4,223 )
(4,223)		 Transfers
£
-
-		 Fund
balances
carried
forward
£
67,709
67,709

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' of the charity

Analysis of movement in restricted funds

For the year ended 31 March 2024

Restricted funds
Barbour Foundation
Hadrian Trust
Allen Lane
Newcastle City Council
RaP NACCOM
Totals		 Fund
balances
brought
forward
£
99
242
2,864
912
49
4,166		 Incoming
resources
£
-
-
-
-
-
-		 Resources
expended
£
( 99 )
( 242 )
( 2,864 )
( 912 )
( 41 )
(4,158)		 Transfers
£
-
-
-
-
( 8 )
(8)		 Fund
balances
carried
forward
£
-
-
-
-
-
-

19

RAINBOW HOME (NORTH EAST ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

14 Analysis of charitable funds continued Analysis of movement in restricted funds

For the year ended 31 March 2023

Restricted funds
Barbour Foundation
Sir James Knott
Hadrian Trust
Allen Lane
Newcastle City Council
RaP NACCOM
Hilden
Community Foundation
National Lottery
ESC Lottery Fund
Totals		 Fund
balances
brought
forward
£
139
12
500
6,500
-
53
4,989
1,036
8,323
4,307
25,859		 Incoming
resources
£
-
-
-
222
10,053
-
243
53
485
-
11,056		 Resources
expended
£
( 40 )
( 12 )
( 258 )
( 3,858 )
( 9,141 )
( 4 )
( 5,232 )
( 1,089 )
( 8,808 )
(4,307)
( 32,749 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
99
-
242
2,864
912
49
-
-
-
-
4,166

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

Barbour Foundation Travel and food costs Hadrian Trust IT costs Allen Lane Staff salaries Newcastle City Council Winter wellbeing sessions RaP NACCOM Salary and project costs

15 Capital commitments

As at 31 March 2024, the charity had no capital commitments (2023: £nil)

16 Analysis of net assets between funds

Cash at bank and in hand

Cash at bank and in hand

Unrestricted
Funds
£
67,709
67,709		 Unrestricted
Funds
£
89,331
89,331
Restricted
Funds
£
4,166
4,166		 Total
2024
£
89,331
89,331
Total
2023
£
71,875
71,875

20