REGISTERED CHARITY NUMBER: 1188916
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2024
for
Chasing Rainbows
Marshall & Co Chartered Accountants & Chartered Tax Advisers The Bloc Springfield Way Anlaby Kingston upon Hull East Yorkshire HU10 6RJ
Chasing Rainbows
Contents of the Financial Statements
for the year ended 30 September 2024
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Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 10
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for the year ended 30 September 2024
Chasing Rainbows
Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 30 September 2024. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To raise awareness and understanding in the subject of fertility, pregnancy loss, and recurrent miscarriage and into its effects on women, whether physical, medical, psychological or social. The relief of physical and mental sickness of persons in need by reason of recurrent miscarriages, in particular by the provision of support groups, to provide support and assistance for women who are suffering from any physical or mental illness or distress as a result of miscarriage or infertility.
Significant activities
During this financial year charity funds have continued to enable us to deliver our in person peer support groups on a monthly basis, we have also expanded our support further to offer support to anyone that has suffered the loss of a baby during any stage of pregnancy or up to 4 months after birth. In November of the year we hosted our first pilot grief and loss wellbeing weekend for 19 service users. The feedback of the impact of the weekend was invaluable and will help us to shape our offering going forward with wanting to run annual wellbeing retreats. This year in July we also launched our first National service which is our pioneering Pen Pal service offering one to one peer support via email, this service is provided by 15 service user volunteers that we have trained.
Public benefit
Giving confidence to women to share their story in a safe environment without fear of judgement or negativity has a profound impact on their mental health. Providing a safe space for women to feel they can acknowledge their grief through peer therapy being facilitated. Evidencing the social value of peer support as a mechanism for improving mental health for women and partners suffering infertility and baby loss. Trustees have had regard to the information and guidance provided from the charity commission regarding public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
A summary of the main charity achievements are; acting as a voice for advocacy of women going through loss and infertility. Campaigning for and championing better gold standard bereavement care. Providing patient and service user feedback to NHS MNVP and LMNS boards to encourage change and improvements. Empowering women to be their own advocate leading to change in their care with professionals working within Womens health, maternity services and fertility. Leading campaigns such as our 'We carried them too' campaign for fathers and men to acknowledge that men need support too. We have hosted many successful and impactful social media campaigns through the use of our social media manager that is allowing us to reach and support people over a wider geographical area and we have had great quality feedback from this service. We now are using three different platforms including our website which is regularly updated. We have also continued to supply resources to NHS bereavement and miscarriage services including memory bracelets and the new pregnancy after loss lanyards. We are now supplying 15 uk hospitals with our resources. We have provided funding for epau nurses and consultants to attend professional training to ensure best practice is being delivered for the patients of our service attending their hospital department.
FINANCIAL REVIEW
Financial position
There are currently no uncertainties or risk factors to the charity in reference to our financial position, we have regular fundraising income from our service users and the general public.
Reserves policy
The charity currently has a good level of reserves with no factors for the trustees to have concern. The board of trustees are currently in discussion about a future reserves policy as the charity grows but currently it has not been necessary given our minimal outgoings versus our current financial position.
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Chasing Rainbows
Report of the Trustees
for the year ended 30 September 2024
FUTURE PLANS
The charity have recently instructed an individual to create a business plan for the charity with a view to bid writing in the future and as a part of his piece of work will be creating a 5 year plan for Chasing Rainbows. The charity are planning to continue to maintain a steady growth and expansion of our services to bereaved parents.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Charity constitution
Chasing Rainbows is a Charitable Incorporated Organisation.
Recruitment and appointment of new trustees
Our board of trustees recruitment process is efficient and robust, the subject of the charity is very niche and we have previously recruited board members from past service users and those with lived experience of baby loss but with skills to offer the board that will be of benefit to the charity. A role description is created and proposed using appropriate methods, meeting and interviewing with members already on the board. Trustees must understand our charity purpose and be a part of ensuring an effective governance structure within the charity. The chair of the charity is entitled to appoint with the agreement of the board.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1188916
Principal address
35 Arkwight Park Kirkella HU10 7JZ
Trustees
V Kocik (appointed 9/3/2025) E MacRae (appointed 9/3/2025) A Belton (appointed 25/7/2024) A J Donnelly S Lake N Dobson
Independent Examiner
Marshall & Co Chartered Accountants & Chartered Tax Advisers The Bloc Springfield Way Anlaby Kingston upon Hull East Yorkshire HU10 6RJ
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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Chasing Rainbows
for the year ended 30 September 2024
Report of the Trustees
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees 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 that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.
Approved by order of the board of trustees on 30 July 2025 and signed on its behalf by:
V Kocik - Trustee
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Independent Examiner's Report to the Trustees of Chasing Rainbows
Independent examiner's report to the trustees of Chasing Rainbows
I report to the charity trustees on my examination of the accounts of Chasing Rainbows (the Trust) for the year ended 30 September 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and 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.
David Marshall FCA
Marshall & Co Chartered Accountants & Chartered Tax Advisers The Bloc Springfield Way Anlaby Kingston upon Hull East Yorkshire HU10 6RJ
30 July 2025
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Chasing Rainbows
Statement of Financial Activities
for the year ended 30 September 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 48,516 EXPENDITURE ON Charitable activities Charitable activities 50,423 NET INCOME/(EXPENDITURE) (1,907) RECONCILIATION OF FUNDS Total funds brought forward 38,889 TOTAL FUNDS CARRIED FORWARD 36,982 |
2023 Total funds £ 25,155 |
|---|---|
| 19,486 | |
| 5,669 33,220 |
|
| 38,889 |
The notes form part of these financial statements
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Chasing Rainbows
Balance Sheet
30 September 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 36,982 NET CURRENT ASSETS 36,982 TOTAL ASSETS LESS CURRENT LIABILITIES 36,982 NET ASSETS 36,982 FUNDS 4 Unrestricted funds 36,982 TOTAL FUNDS 36,982 |
2023 Total funds £ 38,889 |
|---|---|
| 38,889 | |
| 38,889 | |
| 38,889 | |
| 38,889 | |
| 38,889 |
The financial statements were approved by the Board of Trustees and authorised for issue on 30 July 2025 and were signed on its behalf by:
V Kocik - Trustee
The notes form part of these financial statements
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Notes to the Financial Statements for the year ended 30 September 2024
Chasing Rainbows
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
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 financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023.
continued...
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Chasing Rainbows
Notes to the Financial Statements - continued
for the year ended 30 September 2024
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 25,155 | |||
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| Charitable activities | 19,486 | |||
| NET INCOME | 5,669 | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 33,220 | |||
| TOTAL FUNDS CARRIED FORWARD | 38,889 | |||
| 4. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 1/10/23 | in funds | 30/9/24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 38,889 | (1,907) | 36,982 | |
| TOTAL FUNDS | 38,889 | (1,907) | 36,982 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 48,516 | (50,423) | (1,907) | |
| TOTAL FUNDS | 48,516 | (50,423) | (1,907) |
continued...
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Chasing Rainbows
Notes to the Financial Statements - continued
for the year ended 30 September 2024
4. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| At | movement | At | |
| 1/10/22 | in funds | 30/9/23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 33,220 | 5,669 | 38,889 |
| TOTAL FUNDS | 33,220 | 5,669 | 38,889 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 25,155 | (19,486) | 5,669 |
| TOTAL FUNDS | 25,155 | (19,486) | 5,669 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net At movement At 1/10/22 in funds 30/9/24 £ £ £ 33,220 3,762 36,982 33,220 3,762 36,982 |
Net At movement At 1/10/22 in funds 30/9/24 £ £ £ 33,220 3,762 36,982 33,220 3,762 36,982 |
|---|---|---|
| 36,982 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 73,671 | (69,909) | 3,762 |
| TOTAL FUNDS | 73,671 | (69,909) | 3,762 |
continued...
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for the year ended 30 September 2024
Chasing Rainbows
Notes to the Financial Statements - continued
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2024.
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