## **Trustees’ annual report (including Directors’ report) for the period** **From: 27.09.2019 To: 30.09.2020** **Charity name: Rainbow Foundation Sunderland** **Charity registration number: 1185537** ## **Company number:** ## **Objectives and activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The organisation was founded in 2016 as**
**a voluntary organisation, to support the**
**LGBT+ community in Sunderland, in 2019**
**we were awarded charitable status, and**
**have since focussed on providing**
**information, advice and support to**
**members of the LGBT+ community in the**
**North East of England, as a region.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**The organisation over the last year has**
**focussed working closely with members**
**of the lesbian, gay, bisexual and trans**
**(LGBT+) community in the North East of**
**England.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees of the organisation have**
**produced a visual annual report which**
**will be shared with stakeholders**
**demonstrating the impact the**
**organisation has provided to members of**
**the LGBT+ community in the North East**
**of England.**
**The trustees have clear impact reporting**
**procedures in place.**| |**Additional information**||| |Contribution made by
volunteers|Para 1.38|**Volunteers have had a huge impact on**
**the way in which we have been able to**
**deliver our work over the last twelve**
**months, and the trustees pass on their**
**thanks to all of the volunteers that have**
**donated hours and hours of service to**
**support others.**| **Achievements and performance** |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The organisation once again received a**
**nomination in the National Diversity**
**Awards. The organisation also received a**
**nomination in the Best of Wearside**
**Awards in 2020, but these have since**
**been postponed until 2021 due to the**
**ongoing Covid-19 pandemic.**|| |---|---|---|---| ## **Additional information** |**Additional information**||| |---|---|---| |Achievements against
objectives set|Para 1.41|**The organisation has improved its final**
**position, above what was initially planned**
**and despite the ongoing uncertainty**
**within the third sector, due to the**
**ongoing Covid-19 pandemic.**| |Performance of fundraising
activities against objectives
set|Para 1.41|**Fundraising performance has been poor**
**this year, mainly due to the fact that**
**fundraising events had to be cancelled**
**and postponed due to the ongoing**
**pandemic.**| ## **Financial review** |**Financial review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The financial position at the end of the**
**year is healthy. A healthy unrestricted**
**reserves amount will be carried forward**
**by the trustees into the new financial**
**year, and this amount of money will**
**enable the organisation to expand**
**services, and to make improvements to**
**current service provisions.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Unrestricted financial reserves are held to**
**ensure that the organisation is able to**
**continue with its work in times of**
**uncertainty, particularly shown through**
**the Covid-19 pandemic.**| |Amount of reserves held|Para 1.22|**At the end of the organisations first**
**financial year as a CIO, the organisation**
**will move into the new financial year with**
**a reserve amount of £8,119.37, of which**
**£6,942.29 is restricted expenditure, and**
**£1,177.08 is unrestricted reserves.**| ## **Additional information** |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**The principal source of funding for the**
**organisation over the last year has been**
**grant funding. We were provided with a**
**£5,000 grant from Gateshead Council as**
**part of the national roll-out of funding to**
**businesses that were impacted by the**
**ongoing Covid-19 pandemic. This funding**
**was used to secure our office base at the**
**Pride Media Centre, and to make IT**
**upgrades to enable home working and**
**remote-service delivery.**| |---|---|---| |A description of the principal
risks facing the charity|Para 1.46|**The principal risks facing the charity**
**moving forward continues to be the**
**impact of Covid-19 on service delivery**
**and the limited opportunities for**
**face-to-face contact with service users.**| ## **Structure, governance and management** |Type of governing document:
for example,trust deed,
memorandum and articles of
association etc|Para 1.25|**The organisation is governed by its**
**Articles of Associations. There are no**
**recommendations to change the Articles**
**of Association at this time.**| |---|---|---| |How is the charity
constituted?
for example limited company,
unincorporated association,
CIO|Para 1.25|**Rainbow Foundation is a Charitable**
**Incorporated Organisation (CIO).**| ## **Reference and administrative details** Charity name **Rainbow Foundation Sunderland** Other name the charity uses **Rainbow Foundation** Registered charity number **1185537** Charity’s principal address **Pride Media Centre, Stonehills, Gateshead, NE10 0HW** ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**| |---|---|---|---|---| ||Ryan Houston||2019-2020|| ||Jack Wilson||2019-2020|| ||Ash Johns||2019-2020|| ||Laura Wilmott||2019-2020|| ||James Davidson||2019-2020|| ||Robert Ruttley||2019-2020|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Declarations** **The company has taken advantage of the small companies’ exemption in preparing the report above.** **The trustees declare that they have approved the trustees’ report (including directors’ report) above.** **Signed on behalf of the charity’s trustees/directors** **Signature(s)** Ash Johns **Full name(s)** Ryan Houston **Position (for example** Chair Director **Secretary, Chair, etc) Date** 4/11/2020 5/11/2020 ## A Johns ||**Balance Sheet**|**Rainbow Foundation CIO (As of 27/09/19)**|| |---|---|---|---| ||**Income**||| ||C/F
**Grants**
National Lottery
Community Foundation Tyne & Wear
Gentoo
Community Foundation Durham
Tees Valley Community Foundation
Comic Relief
Sunderland City Council
Gateshead Council
Other Grants
**General**
Fundraising & Donations
Membership
Lottery
**Events**
Sponsorship
LGBTQ North East Awards|2020|| |||348.41|| ||||| |||7,180.00
8,180.00
210.00
1,000.00
1,000.00
300.00
1,000.00
5,000.00
2,190.00|| ||||| |||778.83
9.00
35.62|| ||||| |||1,700.00|| ||||| ||**_Total income_**|**28,583.45**|| ||||| ||**Expenditure**||| ||**Outgoings**||| ||Marketing
Website Development Costs
Room Hire
Volunteer Expenses
Professional Fees
**Specialist Projects**
Project Costs (Inc Engagement)
- Hardship
- Sexual Health
Resarch + Evaluation Costs
**Organisation Development**
Computer Equipment
Fundraising|1,373.33
601.59
5,706.31
2,695.90
945.40|| ||||| |||3,635.53
283.03
54.07
592.31|| ||||| |||1,304.56
68.77|| ||Training
Resources
**LGBTQ North East Awards**
Resources|705.90
1,621.60| |---|---|---| |||| |||1,224.19| |||£20,812.49
£8,119.37| ||**_Total expenditure_**|| |||| ||**_Closing Bank Balance (to be C/F)_**|| ||Of which is Restricted
Of which is Unrestricted Reserves
Balance check (should be Zero)|| |||£6,942.29| |||£1,177.08| |||£0.00| Wednesday 3rd of November I confirm receipt of accounts prepared by Rainbow Foundation for independent examination. I can confirm, having examined the documents presented the following: Income: £28,812.49 Expenditure: £20.812.49 Carrying forward the amount of: £8119.37 Of which £6942.29 is restricted to be spent as part of funded project work. Receipts and evidence of expenditure were reviewed, and I confirm that I have no concerns regarding the expenditure of the organisation, and it is my independent view that the organisation has clear and concise management processes of managing money, both from the public and provided by grant funders, as well as well-rounded processes on reporting impact of work. Independently Examined by A. Olsen, as appointed by attendees of the Annual General Meeting in 2019.