REGISTERED CHAIUTY NUMBER: 1183490 uith A¢tartts L Rowan House 7 West Bank ARBOROUOH North Yorkshire Y012 4DX
Chalnnan's Report tor 2024 Theyear began without 8 Vicar asthe Rd Walkw had left St Ma8 in iat8 D8c8mb 2023 and Intepiiews forthe naw incumbentwere not held untilSeptemb8r 2024. A8 8 result. we tookthe opportunity in FebNary to review the m8k&up ofthe board and decided to reduce the numberfrom 12 to 9 with fourtru8tee8 to be nominated bystmarfs PCC. fourtrustees to be appolnted to represent ourwidercomrnuntyand, of course. the Vicar as an eXttic10trU$tee. This stllbleft us with onevacancyfor an appointed trustafr. and we were pleased tOW8icome Emma Brathyto the board in Juneto fillthis vacancy. In the absence of a Vicar. Inforrnal meingswere hdd with the Pccto discussvarious Items of mutual Interest inciudingthef8Ct that ourlease on the buliding had PIred and, of couts& the everrobLem8tlc Issueof apportlonlng running costs forthe bulldlng. Itwas gener8Uy agreed th8tthe Centre occupied insufflotSp8c8forth& fuiirange of se7vl¢es w8wished to offw to our clients and that $ignifi(antbuiiding maInanC8wOaS required to makethe building fitfor purpose. We were fortunate to secure a grantfrom the UK Prosperity Fundforafea8ibiiitystu(ty on the radthffjiopment of the Parish Houseand this workwa$ on-going attheyear end. The basement continued to suffwfioothngfoiiowing heavyrnin and wowere particulaTiy fortunateto receNe a donation of 8 newfiood doorlrom Scarborough Vfindow Centre whi¢h,sofar. hassolvedthis problem. Rv¥d John Welts sadty died in March but. desplte thls, Church@Rainbow conttnues to meet in the hallon Wednesdays undw the leadership ofjan Weus ably assisted byAndy and Carol Brooke. Faciiitles forthe homeless expanded and impFoved significanity durfngtheye8r. The basement room was fblanded as Home@Ralnbow allowing the homo18SSto have somawhere to caLi°home" and. atthe sameiime, gMngfamil5gs and 0th8rdl8nts of the Centre b&ter 8cee8S to geThic85 such as appointments with support workers. debt advice and thecalo. TheseChangeswernvltoMed by all ourdlents and allowed us tt) offera much wider range of to th8 homeless. This included drop4n sessions from the local authority Housing Departrnent. MIND. H•zon8 Drug &Ac4>hoi Rohabllltation SeNl¢e. Citizens Advice. the NHS Horneiess Support Nurse. Gamcare {tackllng gambknng addiclioTr). thesexual Health Cllnic. th8Hepatitig Trust {for Hepatitis C testing), a mo bile b8rt)er. HSBC Bank (to open bank accounts forthe hom818881 and Vision Careforthe Homeless for test8. MainprlzeOffshor8 Ltd kindlyfunded bgnded tops and fiaoces for ourstrff and volunteers which were greatly appreciated by 8iL tspecially in the Cool morrths. thelr help we
ear Ended 31 Deeem r 2024 Pvlge Reference Ind Admlnistrntlve Dttalls Report ofthe TrnS$ Independ¢rt Ex4miTheV5 Report Statement of Finoncial Activities Balance Sheet C&qh Flow Statemeni 10 Notes to th¢ Cuh Flow St•t¢meni Notes ¢0 the FinBnci81 Staternents 12 to 20 Dethlled Stsiem¢ni of Flnan¢l•l Aeilvltles 21 10 22
also intend to launch a -11)0 Club" of te sponsorn and 8UPPOrteTr to provide a regular income 8tr94m to cover wy4ay Nnning costs as it is increa8ingiydifficultto Secure grantfundlngfor runnlng costs 88 mostgr8nt*ivlngtrusts PTefertofund nv projects. We also 8tsrted to sell good quality snd-hand dothingon4in8via Winted as an altematlveto openingJ¢t another¢harityshop on the high and this initiati seems to be goingweiL The community run Fiivj Community Ffidge closed eartier in the sTrar and NYC approached us to run a food bank in as there was no otherproNision in thetown. In July. with finanual assistancefrom NYC. we opened a food bank in the Fiiey Methodist Church which runs lor2 days a week. We were sadto see CarolTumer. a volunteer rec8ptionist with 9 Y[$ of service to the Contre. declde to retlre following alithe Chrfstrnas events. Carolwlllbegreatly missed even though she has Promised to com8 backto help at Chri8tm88 nextyear. Based on ¢osts we decid1 to changeour 8UdIto for 2024 to Agqulths and wo hopeto be able to build a strongretstionshipwith them in the comingyear5. The year ended with a sm811 surplus of income overaypend1re and the Rainbow Centre Is in a strongfin8ncial position goingfotwanl despitea v8duclion in generaldonation8 prob8bty caused bythe current financialcrisis lacing manyof ourregulardonor3. Howard Non Chairoftruste88
Social 's with Hol A Re eYe4rE ber 2024 TRUSTEES Mr5 E Br Tntstee18pN>int¢d 18.9.24) E J Smart D J KDowelden TrtIee Mvs P L Bttrton TnL5tee H New Trus Msj H Jeff¢rxJn J M Trthble (resigned 6.625) G Parkins {resId 213251 REGISTERED OFFICE The RaÈnbow Centre le Road NrKth YolIe YOII ITH REGIERED CHARITY NUMBER 11834e INDEPENDEKT EXAMINER Asquith ACCnIants Ltd 7 we Bank SCARBOROUGH North Yorkshire Y0124DX
Soci with Hol A e Year En The trustees present their report with the financithl ststcrnents of the dlarity for the Ye 31 December 2024. The tnts¢e¢s have adopled the provisions of Aeeountin8 #nd Repcffting by Chviiies.. Ststernent of Recommended Practice appli¢able to charities weparin8 th¢ir wxounts in xc(ffdance with the Financia] Reporting Standard opplieable in the UK and Republic of Ireland (FRS 102) {effeaive l Janwy 2019). OBJECflVES AND A1VITIEs Objertfvu ind #Ims The charity, known lotslty ¥ Th¢ Rainbow C¢ntr4 wa5 ¢styblished with the obje1¥e of wtIn8 the b¢n¢fit of the inhabitants of Searbwou8h albd th¢ wM)WLng area by r•Jvan¢ing eduClon, social welfare leisure-time oeeupation ihrough wwia¢in8 tO8dher lorni people, k[ IOni1 volunw other Lw8Anisition5. A¢tlviiles undertaken by the dwity kn xhi¢v¢ these (W5 u¢ provided thmugh a mu]ti-•thivity eommuthity eentre baxd in a church h1 buikling known as Parish Hoyse. The seplices offered Incl1¢ A community c&fe. odvi¢e, and support for the homeless and vulnerable as well as health and wellbein8 intuventions aimed at tmwoving qUfjty of life. Many other commurtity and chltrch groups use the centre re8ul•rly. Publlc bthtflt We have referred io guld¢¢ eontlined in the cl Commitsiott$ 8enernl 8uid**e ott wblic benefit when revi¢win8 our aimj and obj¢cli¥¢5 and in p1W1n8 ¥tiviti¢& All detsils relating to how the chvity hu these PUry 4r¢ in¢lydEd within th¢ ch•rithbl¢ xtivit¢s sec¢ion of this report. Volutttee The Rainbow Ckn cThJld 0¢ withcwt the Supp of volunteer& whoge ntribUtIon to the Centre is imme&wrgble. I Pw2
Stm for 202 ACHIEVEMENTS AND PERFORMANCE Charllgble aetlvllles 2024 h¥ been 8 yew of signific4nt rt ad4xaiK)n. And strffigthened impact fv the Rainbow Centre. Building on the fOund¥tiO laid in 2023, the Centre has expnded its xryi¢¢s for homdess and vulnerable people. broadened outreach into widtt Community. en1W its finaDcial stsbility thr¥h new fundin8 5tram5 and a remarkable legacy 8ift. ongoin8 challen8es. ineludin8 irIng dematsj fw services and the need review lon8-t¢nn premises options, the Centre ha5 ¢x)ntinu¢d to provid¢ a platt of wrlcorne, safery. pTArfieal supFw)rt to those in cri51S. Cli¢nt Support and Homeless Services Our Home@Rainb)w iniiiativ¢, llunthed in late 2023. beume filY ¢5tsblished during 2024. All visitors •ccessin8 Horne have access to free food hot drinks for the duration of their stay as well as being able to use our shower artd IAundry f•eiliti¢S lo enabl¢ them ¢0 slay ¢le¥n. AthJitIolly. we have a mobile barber vi51tin8 the Centye once a fortni8hi providing ha1ts and 8mominB a5 well a5 wxess lo an NHS Homeless SuppM Nurne looks after all their medic ne¢d$ and ¥yointm¢nts. W¢ have many PArthhIP droppin8 into the eentre w wovidB 5UPP)rt inctudin8 th¢ housing department frorn the local authority, Min4 North Yorkshire Horizms Dru8 Akohol Rth•bilitytion S¢rvice, CStiws Advice Bweau, GamCare18amblin8 SUPPOrtI. Sexual Health ClinK and th¢ HeWi¢is C Trus¢ - ¢h providin8 SUPPOrt for 5pecir 1$8yes whlth our hom¢l¢ss clients may be fxin& Our provision expanded thrrfi the develow¢ of sev1 ini¢iativ¢s'. In Fe, wtykinl in kwtsxrship with Sheher Ind HS8C. trIled a proje¢1 loW thos¢ withoui fixed addr¢sges to op¢n 4 bk cwurtL whith is needed be able io apply for a teiiy, Ipply for befity ¢ vt • Job. Followin8 its success. HSBC intends to roll the pmiea out Kross atl their branches in the UK. Sexual health clinics W1un¢ld in with upthk Vision Care for the Homel¢55 introduced free eye tests Jun¢ f¢r wr homeless clients or those livin8 in i•npornry CommOdAtIOn. Since s¢artin8 on I l June, the omic1 service h85 3 ¢linies with 21 Irtendees. Of thes< 7 referrals have b¢¢n made for further imie5tigation Into optiC81 eondition4 A ¢PIC of which coukl ve led ¢0 i of Sight if undi•gwd. - [rIng 2024, the community Iivu screening teun held 2 liver sereening elinics in July and December, durin8 which they screened in exc¢$5 of ICQ people. Of these. 12 people referrJ for firthr inve51È8otions they identified Issues which may requi m¢di¢il interveniion. From Augusl North Yorkshire Art weekly art thulpy 5¢55ions for clients oc¢e55in8 our %rvi¢¢. Rather th fornial thffapy se5sion5, thex infomul to ha% played • vithl role in supporting those with menthl health issues or potr MÈT1 health. Flley Foodbank Following the closure ofFiley Comrnunity FridBt. we wefe appr(*hed by North Yorkshire Council with 4 propos•l for funding to open a rOlb3nk in the towTh. In Juty, Filty Fdbank wed in Filey M¢thrAJL51 Chur¢h. Northern Gu Network In October. we were awarded 8 12-month Contr Worth £96.480 with Northern Gas NeTh¥ork under th¢ir'Centr¢ for wth, initiative. As a eerttre fLW Wtmith, we are abl¢ to wovide immediate support to fuel rnor hougehold5 by providing holistie x)lutions fortheirprobk Supp)rt It Christinas Pa8¢3
l%)rou SIM 'swithH I A forthey 31 Decemir 2024 In December. we held annual a]ristrna5 huK foT the I)Ck$S 8j vulnerable. The en( sponsored by McC8in'5 PLC, was atiended by 150 people. December saw the culmination of a 3-rnonth fiukning ump2ign aimed at raising money lleCting10YS a1 gilb for LMLr annu¥J Big Thrismias Giveaway. We provided: - food vouchu5 for 238 families feeding in ex¢ess of 6) people. - di#ributrd over 2J(K) toys lo 420 children. In 2024. WL.. . Served over 4,( meals k) the kne]ess - Supplied 6.264 foLxI ptrcels kn ilivith1a1& coupks and families - Helped pwle 13236 times with their problems - Handed out beddin& elothing 8ThJ kitchert equipmem 2J96 times - ProvÈded 1.881 pg)ple with ener&v voucher5 w bill a¥sisianL% Outreach and Community DeVelopnl The Centre extended its work btyond Parish House: ' S¢hools' en888ement at Friarage School supported vulnerable families he5itatrt to access the Centre direcdy. ' A baby bank wa8 establisw wtth S¢th>orough ChTiAian Fellowship. providingessentials for infants while alleviating Rainbow Money Dei Advice 2024 wa$ 4y¢8r of prow and sathiess foT ltsiniw Mcw. Etrly in the year, we w¢kom¢d Victoria &% oiir Iiew administror. tkspite stru8Blin8 with her heal¢K the br( Breat dCd1¢10 ownership. and wannth to the role, quickly becorniD8 a hu8e ble55ing to the am. TT88icaJly. Victoria became unwell wwards the end of the year and passed away while in h95Pital. She is deeply missed by staff. volteCT% ¢lients alike. Throu8lKJut the year. we sought fo Streng1 our work on budgding SUpt to help cliertts build long-mi finaTKi&I reshlience. Howeyer. eha]lenges aTouTrJ recruiting VolUntre ¢lieni w¢nL tirne. and fimding meant this of the Service did not progress as hoF¢d It remairts • FVi(Kity fw futwe development. In 2024, we SUP)rted 245 clients at the RaInW Centre a fiETther I I clients at Westway On Arrns. (a Small charity opeming nearby in E&stfield). dealirtg with £IJ60,789 of debt. Of the5< 102 Cli• had their debts written off through insolven¢y or Creditor agreement& giving than th¢ for a fresh stsrt. The rnajority of clients were referred by parther agencies or came to U5 thrtgh word of mouth - a retl¢¢ts)n of the trust and reputgtion the service has built in the community. Rainbow Money a150 continues to plty a rtion81 Tok within Community Money Advice ICMAI, with C18ire. our Rainbow Money Mana8er. ¢¢)ntributing the developrnent of the besp)ke c45e MaTgement system used rO$S the CMA network. Loca]ly, we Tunain the s8h thxate for Aets 435. throtsgh which 69 ¢lients rece¢Y¢d £l1.785 in direct support for e55entia15 such 85 ccthr% washing Mh1n and even fi1n8 for a taxirflriving course ¢0 help a client rewrn work. 2024 h&$ been 8 tran5forn]ative yetr f The Rainbow Centre. We have strength¢n¢d parthuship5, expanded S¢TVi¢N. seeured Silfie8ftt new fimding, and ffstor¢d a of dignity and hope th many of the most vulnerable in our cornmunity. Page 4
cial Action '5 With Hol A tl rt of th for the Year E While ehallenges r¢m#in particularly around premises and m¢¢ting ever-growing demand Ihe 8¢n¢r05ity of supporters and the dedication of 5thff and volunteers have positioned the Centre to eontinue building a brl8hter fvtyr¢ in 2025 kyond. FIIYANCIAL REVIEW Flninelgl posltlo The Sthment of Finattcx Adivities $how$ an ov¢rnII surplu$ for the year of £181,77312023: £90.577 sUlUs). Total reserves held at the year end were £445.53812023: £263,763. Of the$4 £nll {2023.. £979) related to restricted funds. Unrestricted fvnds totalled £445.53812023.' £262.786h of whlch £445.538 {2023- £260.509} are Ilquid regources available to support the ¢harity'S diy to day activities. The trUe¢S consider that An appropri& level of free reseNe$ is £168,(#)O. The hlonce on the unrestricted fijnd ¥¢ th¢ year end is sufflcieni to meet this requirement and io provide brid8in8 SUPPOrt in the eveni of a 8ap of fundltt8 actlvilies currently fineed by restried Ineorne. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlngdoeument Scarborough Social Action Centre (St Ma$ with Holy Aposilesl. also known as The Rainbow Centr< 1$ a re8iStered Charitable ittcorporattd or8anI1OTh ICIOI which was registered on 19 May 2019. The activities ond net ossets of the nincorporftted Charity number lo710. also known as korborough Soci41 Action Centre (St Mary'5 with Holy Apostl¢$l, w¢r¢ trwsf¢rred ty ihe CIO on 30 December 2019. Approved by order of th¢ bts4rd of tw4ees on ..... ....... H New¢on- Trust¢¢ Page 5
t Exami S¢xial Action Independent eumlner's report to tbe trnjtees o S¢rborn•gh Soeknl Aetlott Ctntft Cthe Charlty,) I report to the chariry trustees on my exnination of the accounts of the {jrIty for the year ended 31 December 2024. Rryonslbllltles and bg91s of report As the charity's true¢S of the Ctharity you are rcspDnsibk for the pr¢pAM1 of the in aK0rd with the requirements of the Chariiies Aci 2011 I'the Aet,). I report in respect of my ¢xarnination ofyour charitys xcounts ¥ c¥ried out under ]0 145 of the Chvities Aet 2011 (the 2011 Ad,). In carryin8 Out my examinati I have followed the DirertÉons Sin by the Chartty Commission und¢r Section 14515) (bl of the 2011 ACL Indepettdtnt exmItteI JtsltlllQttt Since your chvity's 8ross irKome exceeded £250.(I)O your exkniiner must be a rnembel of a li#ed body. I confi th I qualified to undcrt8ke th¢ examiThati becwtse l am 8 memb¢r of th¢ A550cialion of ChaN¢r¢d C¢rtified Aceountsrtty. whl¢h is one tsf the li#¢d bodie& I h4v¢ wmplet¢d my examination. I wifirni no motters hve c4)me to my aitention in LY)nnethLM) with th¢ examination 8ivin8 me cause to believe: 4¢wunting T¢Mrd5 wue not kept in resPErt of the as required by Sertion 130 of the Art or the accounts do not xcord with those records: or the eceounts do noi tomply with the ¥pliL¥ble wuiremèmts CO¢MInI the fomi eorttettt of ¥¢oynts sei out in the Charities {Aeeounts Repxts) ResUL10n$ 2008 other than Any r4uirement the 1n15 8iV¢ thie flir view whieh is Tb)t • matter considered as w of kn independent examination. I h•v¢ no ¢¢¢m5 and hJv¢ ¢offl¢ TKross no (h¢r rnatten in eo)Wdion with the ex*mlrt•tiM to which itteniion should be drnwTr in this repKJrt in der fts ¢n•bl¢ 4 proptt UndersIng of the •c¢ounts be reached. Mr Chrispher Dile Mallinson FCCA The As91?110n of Chortered Certified Accountts Asquith AOUn¢s L Rowan House 7 West Bank SCARBOROUGH North Yorkshire Y0124DX Date: ... 1.S."...Odzkn<...292& PA8e6
Social Acti iih Hol A Stm aneial A iv 31.12.24 Total funds 31.12.23 Tothl fund$ Unrestricted fund Restricted rund Notes INCOME AND ENDOWMENTS FROM Donations artd le8acie5 479J24 2,419 481,943 369.773 Other trading ACtivltie$ Investhient income 24,917 24,917 20.201 TolAI 511801 EXPENDITURE ON R41$lng funds 47.506 47.506 48.659 ChArltAbie aetlvltkl Activties und¢rtak¢n dire¢¢ly Support e05ts 247263 3,398 250,661 254.188 Total ET INCOMEIIEXPENDITURE 182,752 (979) 181,773 90,577 RECONCILIATION OF FUNDS TotAI fvnds brou8ht forward 262.786 979 263.765 173.188 TOTAL FUNDS CARRIED FORWARD 263 765 The Dot¢5 form port of these financial statements Page 7
h Soci IAC swithH I A Balance 31.12.24 Total funds 31.12.23 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 12 1.662 1.662 3256 CURRENT ASSETS Stocks Debtors Cash at bank ¥nd in hand 13 14 250 12,359 508 149 250 12.359 508 149 17.208 256701 520,758 520,758 273.909 CREDITORS Amounts fallin8 due within one year 15 176,Bf21 (76.882) 113.4001 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 445,538 445.538 263.76S NET ASSETS 445 538 263 765 FUNDS UnTestri¢ted fiuKIs Restricted fvnds 16 445,538 262.786 979 TOTAL FUNDS 263 765 The tt¢S fonn part of these financial stst¢m¢nts contittued...
Sear Stm wi The fin8neial #Jtem¢nts w¢r¢ approved by th¢ Board of Truth attd issue on L.Q.....L.fr...?o..d were &gnoJ (ffl its behalfby: H Newton. Tn*e¢
ol Ch Flow for the Y 31.12.24 31.12.23 C¥Jsh nows from 4)perAtIDg ithltl Cash 8enernted from op¢rntions Net cash wovided by opuatiwg xlivities Csb ntsws from Invtstlnu #tllvltl¢• Purch8se of tan8ible fixed assets Inler¢51 Te1ved {1058) Net cuh wivided by investin8 xiiviiies Change In e$h Ind esh ¢q#lvJ•ts l• lht r¢portlng perlod Cash and r•$h eqylv*le#ts At the beOnnlDg of the reportl•g p¢rlod 251.448 96102 256701 Cash And Cash equfvalents At the ¢Thd or the reportlog perlod Page 10
Social Act 's with Hol A tothec hFI for the Year En RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTIFS 31.1224 31.1223 Net Intoffj¢ for tht r¢portIng (u per th¢ Ststemeul of Fkn•ell Aftlvltl¢s) Adlusttnenti for: Dweeiation char8es Loss on disposal of fixed a55ets Inter¢51 re¢eivr Incre&se in siocks Decre&s&lincre&8e) in de01$ Increase in CredirS 181.773 .577 2,562 3.976 345 (3.4501 17.360) 1250) 4,849 1591) Net euh provlded by operntloos ANALYSIS OF CHANGFS IN NET FiJNDS Al 1.1.24 C45h flow Ai31.12.24 Nel eAih Cash ai b Ind In hknd 25 508 149 256701 508 149 Tot•1
ded 31 December 2024 ACCOUNTING POLICILS Bath of preprthg tbt Ilth•el#l sltethe#ts The financial stetements of charitable incorpd orgmi5ati(th, whith is a public benefit eniity under FRS 102. have E¢en prepared in aceordatKe with the Ch8rilies SORP (FRS 1021 'A¢eounun8 and R¢porting by Chtrities: Ststement of Recomm¢nd¢d Practi¢¢ appli1¢ w tharities weparM)g their wxounts in xcordance wilh the Fittab)ci81 ReF1ft8 Standtrd applicable in the UK and Rryblic of Irel¥Dd {FRS 102) (effective I January 2019),. The finttThci ststemtnts have been under the histori1 $¢ ConvtIon. Ineome All itt¢ome is r¢¢ogniseil in Sw¢m¢nt of Fin•ncial Adivitim once th¢ chxity has entitlement to it is &YobHbk that the incorne will be Itceifvrd and the anmmmican be measurtd TeliAbty. Income from sovernment and other whth 'capital' yattts or 'rtvefiue' pits. i$ r¢cwised Rt fvir ¥tse whett the ehlrity has entitlerneni b) the futmls any perfomilnee nditiOnS attaehed to the 8rants h•v¢ been mel. it is Probabl¢ that the irKom¢ will b¢ rw¢ived and the wnoun¢ be m¢p5ur¢d r¢liably. If enti¢l¢m¢nt IS not met then the5¢ ¥nounts qre defefftd. For legacie& entitlement is taken u th¢ ¢wli¢r of the on which either. the eharity is aware prob&te has been 8r8nted, the estate has t¢en fin•lised #nd notifiution hts been by the executorfsl to the Trust th distribution will be rnad< or when a di5tribthion is receiv from the esthte. Receipt of a lew. in whole or in pa¢ is only considered wobabk when the amount ¢Jn b¢ me45ured r¢li•bty 4Dd th¢ charity Iw b¢¢n notifi¢d of th¢ ¢xKytor's itttenlion io m&e a diributi(. Where legxie5 hove been nolified to the chHTity. or the ¢harity 1$ awwe of th¢ ywtin8 of probth. the critrria for income rec4Wition have not be meL then the lewy is ¢red a5 a tinen¢ US¢t and dls¢loaed if mawi•l. Income received in ¥¢¢ of pmisiofi of specified services ts d¢ftTred until the criterii for incomB re8n}llOn are meL ExpeAdllure Liabilities are recOlS¢d u eXdi¢t soon u there li A Iwl or conslnKlive obli8a¢iott ¢omrnittini the charity io ihat expendiiure. 1¢ is prob•bl¢ thwt a trsfer of ¢wy)mic benefits will be required in settlement and th¢ amoun¢ of th¢ obligation can be rneasur•J ff li•bly. Expenditwe is x¢ound for on Irt accrnals bLsis has been clusified under he1¥S th•t a8ye8•te all cost related to the cal¢gory. Wh¢r¢ ¢osts cannot be diredty anributed io p8rti¢ul8r headings ih¢y have beett all11ed advitie$ a b&8is congirt with tl us¢of Expenditure on tharitsble acliviiies ineludes the costs of 1¥111¢5 underth to fvrtlw the purp)xg of the chtrity and their &SSLxiatrd support Support ¢osts are those functions 1$¢ the of the thlty do not dir¢eily undertake thjritable ¥ctivitie& SUPP costs include administrative gov¢rn•nce costs. Govemknet costs eomwis¢ •ll ¢osts involving th¢ pyblir ¥¢oyotsbllity of the dwrity a1 its cornpliwK¢ with r¢gul•iion Ind 8ood pr4¢11¢¢ Tanble fixed gsRts Deweciation is provided followin¥ rffder to write off ¢h &sset over its estimated useful Fixtures and fittinp Motor vehicles . 20%0 25% on reducing balance Page 12 ¢otttinued...
ear Ended 31 December 2024 ACCOUNTING POLICIES- ntInued Stotk8 Stocks are valued at the lower of cost and realisable value. after m#kin8 due allowan¢¢ for obKlete ond slow movin8 Items. Taxitlon The ¢hority is exempt from coryorntion tsx on its charitable activities. Fund #eeountlttg Unr¢stri¢ted fvnd5 be used in a¢¢ordan¢¢ with th¢ ¢hari¢able obi¢¢tives al the dixretion of the trustees. Rcslri¢ted funds Can only be u%d for porticuklr reAtrleted Fwrposes wiihin th¢ obje¢ts of the Charity. Restrictions arise when Specified by ihe donor or when ndS are rnised for particular restricted purposes. The Cort of raising and adminisiering such funds are charged against the specific fund. The aim and use of eath restricd nd 1$ w out lrt the notes to the flnancial siotements. Further explan10 of the natUT¢ Ind purpos¢ ofeach fund is included in the notes io the firwicial SementS. Designated funds comprise unre$trl¢t¢d fund$ h&ve been S aslde by the trustees f¢v porti¢u14r Pur$¢$. The aim and use of c desi8nated fund is 5¢t out in th¢ notes to ihe fin&nelal statements. P•n¥lon ¢o•ti •nd oth•r poit-r¢tlremthit bentnts The eh8ritJble comparty operntes & defined contribution Fnsion heM¢. Contributions payable to the ehtritAble ¢oMpY'S pension s¢h¢me ar¢ chorged the Stsment of Finoncl•l A¢¢lvli1¢5 in th¢ period ¢0 whlch Ih¢y relat¢. DottAtd s•rviett fellltle8 Donit¢d prof¢ssional $ervices and donated ft¢iliti¢s Ire rttognis¢d &% Ineome whett the chariry has control over the item, Any eonditions associated with the don8t¢d il¢m have be¢n m¢¢. Ihe reeeip¢ of economi¢ benefii from the use by the ¢haTity of the it¢m is probable and tha¢ ¢wnomi¢ benefit be mth5ured r¢llably. No gmoun¢ 1$ Included in the flnancial s¢a¢em¢nts for volunwr Ilme in line with the SORP (FRS 102}. Further dethil is 8iv¢n In th¢ TrnsLee& Annua] ReporL On re¢¢ip¢. donated professl¢)nil seThices and dona¢¢d fKiliti¢s ar¢ r¢co8nised on the buis of ihe fair value or the gift to the ¢harity which is the amouni the charity would have been willing to pay to obtsin xrvi¢¢s or f111¢1¢> of ¢qyivalertt e¢onomlc benefit on the open markel: a ¢orrtspondln8 kniount is then ttco8nised in exp¢ndilur¢ in the perfod of reeelpt. FSx¢d a5S¢t gift5 in kind wr r¢eo8nised when receivable and are included •1 fair v•lue. The Income Is not deferred over the life of ihe $¢t Glfts ID klnd dongi¢d for dI$tTlbé1On or res¥Jle The Rainbow Centre receives gifts of food aftd second-hand clothing throughout the year ftir dislribuiion to beneficiaries. It 15 not P0S5ible to pyt a valye on ihese items and the Statement of Financiai Activities does not In¢lud¢ any In¢om¢ or expenditure In respe of them. Jud8ements and key sources of estlmatlon UDCQrt8lnty The trustees consider that no judgements. apart fnjm those involvin8 ¢Stime$ hav¢ been made in the proc¢95 of applying the above COUntIng policies which have had a signifiwt ¢ff¢d on 8moyDts r¢wBni5¢d in the financial ststsments. The Itttee$ consider thai no key assumptions conc¢rning th¢ future and other key sour¢es of estimation un¢ertaiThty at the reporting date have been mad¢ which have a 5ignificaD¢ risk of ¢au5ing a rnaterial adjusttnent to the carrying amounts of assets and liabilities within ¢he next financial year. Page 13 continued...
rou h Social Action 'swithH I A Stm Notes to eFi for the Year Ended als l Decem 24 DONATIONS AND LEGACILS 31.1224 31.1223 141,961 148.629 11.057 54,341 Gift aid Legacies Grants 2,10 132 £nil12011: £35.9121 of th¢ ¥b¢)v¢ W05 to re5trid¢d fuTrJs. The Rainljow Centre receives gifts of food sxond4wKI Clothing thrghOul the yw ftir distribution to benefKiartes. It is not possible to put a value on these items 8TrJ the Statemert of Firwici81 Activities does no¢ include arty income or exJIlle in r+* of th¢m OTHER TRADING A1VITIEs 31.12.24 31.12.23 Fundraising events Cafc incorne Room hire Sale of ra8S 5,534 17.760 7.716 10236 200 All of the above itKLMne in the cunem and PIEVW ytsr attributsble io fund& INVESTMENT INCOME 31.12.24 31.1223 Dep)sit interest 7J60 RAISING FUNDS Other trading aetlvltks 31.1124 31.1213 Pur¢hases Sthff costs 13,795 7.543 47 Page 14 eontinued...
Stm '5 Wjth H inanei I Statem ember 2 24 CHARITABLE ACTIVITIES COSTS Support sts (see not¢ 71 Direct Costs Tota15 A¢tivti¢s undertaken directly Stspport costs 250,661 250.661 34 80 80 34 284.941 SUPPORT COSTS Gov¢rnan¢e M¥nag¢m¢nt Tota]s Sypport wsts toih ndent ex 2024 2.160 2023 3.000 Independent examination fees Bookkeeping &%sistanee and adviee Payroll ftts Tothl NET INCOMEJ(EXPENDITURE) Net llicomel(expertdiiurel is stated after ¢har8ingllcrediting).' 31.1224 31.1223 Independeni examination Depre¢iation- owned assets Deficit on disposal of fixed assets 2.160 2,562 3,0Th) 3.976 345 TRusfEES' REMUNERATION AND BENEFITS There were no trusttts. reMunerlon or other benefits for the year ended 31 D¢¢¢mber 2024 nor for the year ended 31 December2023. Trusttes, eApensts There were no tnL4e¢¢ ¢xwses paid for the ycar ended 31 Dttember 2024 JK)r for the yew ended 31 Decembv 2023. Page 15 ¢ontinu¢d...
ncial Statemen Year Ended l Decem STAFF COSTS 31.12.24 31.12.23 W88es and salaries Social security costs Other pen$iort eos 228,539 7.720 199.460 5.384 The aver4¢ mon¢hly nyrnberof employees durin8 ihe yeAr was aq follows: 31.12.24 31.12.23 General Cofe SuptKJrt Workers 15 No ¢rnploytt5 fecelved emoluments In excess of £60,000. All members of sthff are employed on a part time basis. The full ¢lm¢ wuival¢nt number of stsff at JI De¢¢mber 2024 w85 9 12023.. 7). The total remunerntion of key mano8em¢nt PBrwnn¢l amounted to £32.01 S {2023.. £25.299). In addition to paid stAff, volunteers are ¢nLeial to deliverin8 services and kttpittB the ¢hwity runnln8. I1111ry and expense re1ing 10 the employefs costs of the defined contribuiion workplace pension sch¢m¢ gllocated between re$tricted and unresiricted funds in line wilh the fundln8 of the relevant 8t&ff memlxrn COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unr¢5¢ri¢t¢d nd Re5¢ric¢ed fund Total fund$ INCOME AND ENDOWMENTS FROM Donations and legacie5 333,861 33,912 369.T13 Other tt8din¥ 4ciSvltl¥ Investhjent Incom¢ 20.201 20,201 Totsl 357512 EXPEIYDITUREON Raising fund$ 4&659 48.6J9 Charltable Actlvltles Activiies underken dirertly 215 170 254 188 Totsl 263 829 302 847 NET INCOMEI(EXPENDITURE) 93,683 13,106) 90.577 ' Page 16 Continued...
rou Soci 'swith Hol A Stm the Financi for hey ii. COMPARATIVES FOR THE STATEMENT OF FINAIYCIAL ACTIVITIES- eontlnued UnT¢s¢ricted Resirirfed nd fund Total funds RECONCILIATION OF FUF4DS Total funds brou8ht foTwwd 169,103 4,085 173.188 TOTAL FUNDS CARRIED FORWARD 262 786 979 263 765 12. TANGIBLE FIXED ASSETS Fixtures mOT vehi¢le5 fittings Totals COST Ai l January 2024 Additions Disposals 23.445 2,058 13.188 36,633 2,058 Ai 31 Decembw 2024 DEPRECIATION At l J&nu&ry 2024 Charge for year Eliminated on dispo1 20.189 2,362 13.188 33,377 2.562 Ai 31 Decemb¢r 2024 NET BOOK VALUE At 31 tkcember 2024 A¢ 31 D¢¢ember 2023 13. STOCKS 31.12.24 31.12.23 Stocks 250 Ipa8e 17 ¢oMinued...
Scarborou Social A the Finaftei l Dcccm r 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN OliE YEAR 31.1224 31.1223 Oth¢rdebtors PPaYMents inwm¢ 1.280 IA652 556 12 I& CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Tr#de ¢reditors SOCI security and other thxes Other creditors 2284 3.164 59.432 1.206 3.071 2,289 16. MOVEMENT IN FUNDS movement in fvnds At 31.12.24 At 1.124 Unre8trleted G¢neril fund 262.786 182.752 445,538 R¢strltt4d ReMrS¢ted Funds (979) TOTAL FUNDS 181773 445 Net movement in funds. included in Aixjve are •s follows: IrKomin8 Resource5 Movement in funds iJDrostrleted Gener81 fund 511.801 1329.0491 182.752 Restrkted Restiieted Funds 2,419 (3J981 (979) TOTAL FUNDS 332 4471 P•8e 18 continued..
Searborou Social Action Ce MOVEMENT IN FUNDS- fQDtIDw¢d ComparAtlves for movement In fund8 Net movemen¢ in ffijnds At 31.12.23 At 1.1.23 Unrestrlcted funth Gener fijnd 169.103 93.683 262,786 Reitrltted fuDd$ Restricttd Funds 4.085 13,106) 979 TOTAL FUNDS 173 188 263 765 Comporative net movernent in ndS included in th¢ ¢bov¢ #¢ Is follows: Rex>ur¢¢s expended MOVent in funds resource5 Unr¢TI¢l¢d funth Generd fvnd 357,512 (263.8291 93,683 Restrltted fundi Restricted Funds 35,912 139.0181 13,106) TOTAL FUNDS 393 424 302 8471 A current year 12 months and prior year 12 months combitted posiiion 1$ 8$ follows: N¢t movement in funds At 31.12.24 At 1.1.23 Unratrltted O¢n¢r•l fund 169.103 276.435 445.538 Restrlded Restrieted FuThd$ 4,085 14,085) TOTAL FUNDS 272 173 188 aso 445 538 Page 19 eontlnued...
l Action Cen Notes to the Fi ror ihe Year En tem IDec 24 16. MOVEMENT IIY FUNDS- contlnued A eurrent y¢or 12 month5 4nd prior y¢*r 12 Tnonths eombin¢d nd mov¢m¢n¢ in funds included in the ab)ve are as follows.. Incoming resources Resour$ expended Movement in fund5 Unres¢rl¢ted G¢nera] fund 869J13 (592.878) 276.435 Restrleted fullds Re5tri¢kd Funds 38.331 {42,4161 {4.085) TOTAL FUNDS 635 294) 17. RELATED PARTY DISCLOSURLS There were no reled party IransActions for the yw ended 31 D¢c¢mber2024. Pa8e 20
Year Ended 31 D mber 2024 31.1224 31.1223 INCOME AND ENDOWMENTS DoD¥tillDS kgA¢les Donations Gift aid Legacie5 Grants 141.961 7.469 200.0 132313 148.629 11.057 54J41 155746 481,943 369.T13 Other tr•dthg •¢tlvltlu Fyndraising events Caf¢ incom¢ Room hire Sale of r4$ 5.534 17.760 7.716 10236 200 24,917 20,201 lttv¢s¢m¢Dt ID¢oth• Deposii aceount Int Totsl In¢ornln¥ rew•r¢ 314,220 393.424 EXPENDITURE Other tradlng •¢thfltl Cafe purthw Cafe wages Social st5ty 13.795 32.808 903 7.543 41.116 47J06 48.659 Ch•rlt•bk •dlvltl Wi8es So¢iil 5¢wity Pensions Insur8n¢¢ Sundries Parish House Motor expenses 163.716 6.817 3,730 1,370 1.182 9.437 141.401 5.384 2.518 3.354 1.352 10.477 2.771 L 11 Travel aThl bSisnce Staff trainin8 Telephone Offi¢¢ ¢xp¢ns¢s Activites Depre¢iation of fixtures & fittiny 7.506 48 3207 11514 34,416 2,562 249J71 777 4.829 16.851 33.913 3.318 232.9¥)9 This p88e 410¢5 Jh)t of the sUry fin8ncig1 #at¢rnents Pa8e2l
Stm Detsiled Statement of f r the Ye4r Ended l DeCemr 2024 31.1124 31.1223 Ch4rit8bl¢ a¢tiviti¢s Brought fon¥ard Depla¢lOn of motor vehieles L0551 Iprofitl on asse¢ disposals 249.571 232.gJ9 658 345 250.661 233.912 Support eorts MaDHge]Btnt Wag¢5 31015 16.943 Gthvern•D¢¢ Costs Ind¢pend¢nt examinalio Trusttts, indemnity insurattce 2.160 105 3.¢x)o 333 Total resources expended Ne¢ Income 181773 This page does not fomi part of the staiutory fin8ncial statements Pw22