FOR THE YEAR ENDED 31[ST] DECEMBER 2023 ## WE AIM TO GIVE BEREAVED CHILDREN A BRIGHTER TOMORROW Registered CIO charity number 1194917 FOR THE YEAR ENDED 31 DECEMBER 2023 ## CONTENTS OF THE FINANCIAL STATEMENTS |Reference & administrative details|3| |---|---| |Charitable objectives|4| |Our objectives|5| |Review of beneficiary activities and achievements|6| |Chairperson's report|7| |Financial review|8| |Case study|9-11| |Report of the trustees|12| |Independent examiner's report|13| |Statement of financial activities|14| |Balance sheet|15| |The objects shall focus on beneficiaries in Milton Keynes but are not restricted to that area.
Notes to the financial statements
16-20|| |Declaration|21| Harry’s Rainbow Trustees’ Annual Report 2024 2 FOR THE YEAR ENDED 31 DECEMBER 2023 ## REFERENCE & ADMINISTRATIVE DETAILS ## **TRUSTEES** G Bariah R Naylor M Wade P Swales V Holmes E Golabek P McGrath J Pritchard J Leggatt ## **PRINCIPAL ADDRESS** Suite 645, Milton Keynes Business Centre Foxhunter Drive Linford Wod Milton Keynes Buckinghamshire MK14 6GD ## **REGISTERED CHARITY NUMBER** 1194917 ## **INDEPENDENT EXAMINER** Ad Valorem Accountancy Services Limited Chartered Certified Accountants 2 Manor Farm Court Old Wolverton Road Old Wolverton Buckinghamshire MK12 5NN ## **BANKERS** Barclays Bank PLC Leicester LE87 2BB Pleo 12 New Fetter Lane London EC4A 1JP Harry’s Rainbow Trustees’ Annual Report 2024 3 ## CHARITABLE OBJECTIVES The aims of the CIO are to provide support and relief for children, young people (up to the age of 25 years) and their families who have been bereaved through the loss of a parent or sibling by: 01 ## **PROVIDING MENTORING, EMOTIONAL WELL-BEING SUPPORT AND ADVICE** through facilitated internal and partner agency support groups, provision of books, resources and via our website and social networking sites ## 02 **PROVIDING RECREATIONAL & LEISURE ACTIVITIES** to children and young people in order to improve their conditions of life and reduce the isolation felt during bereavement by facilitating contact with other children, young people and their families ## 03 ## **RAISING PUBLIC AWARENESS** of the need for support and guidance and providing information about coping with bereavement​ Harry’s Rainbow Trustees’ Annual Report 2024 4 ## OUR OBJECTIVES In setting our objectives and planning our activities the Trustees have considered the Charity Commission’s public benefit guidance and our charitable aims. Our key objects for the year included: ## 01 **ENSURE RESOURCES ARE AVAILABLE** 02 ## **IMPROVE TRAINING** to sustain operations through growth training to cover Bereavement, Mental Health & Safeguarding 03 05 ## **IMPLEMENT QUESTIONNAIRES** to determine qualitative facts from our beneficiaries, to show benefits of accessing support, to our stakeholders ## **GROW INCOME** to support future development 04 06 ## **ESTABLISH GROUPS IN NEW PREMISES** increasing volume across the year to allow for registration increase of 56% ## **TO RAISE AWARENESS OF OUR SERVICE** specifically in minority communities and Understand gaps in service for harder to reach community groups; i.e. Black, Asian, Ethnic, Youth, Males, Disability, Sexuality Harry’s Rainbow Trustees’ Annual Report 2024 5 ## REVIEW OF BENEFICIARY ACTIVITIES AND ACHIEVEMENTS ## **Highlights:** - **149 registrations** in 2023, in **total 435 children** being supported - **90 children and young people** visited retreat - **38 rainbow groups** across all age groups, up to age 25 - **28 hampers & 10 vouchers packs** distributed at Christmas No-one knows exactly how many children are bereaved each year as currently this information is not collected or reported by the government. It is estimated that 26,900 parents die each year in the UK, leaving dependent children. That’s one parent every 20minutes and 127 newly bereaved children every day. It is also difficult to know how many bereaved children there are needing our support in Milton Keynes and the surrounding area. What we do know is that we are the only dedicated child bereavement charity in Milton Keynes who provide support to bereaved children and their families. The total number of children we are supporting is rising, with149 bereaved children accessing our varied range of services in 2023 for the first time, adding to the hundreds already registered with us. We ask the children a question at the end of each Rainbow Group session. Here are two recent responses: **92%** “Being at groups makes me feel less alone” **78%** “I feel better aftercoming to group today” Harry’s Rainbow Trustees’ Annual Report 2024 6 FOR THE YEAR ENDED 31 DECEMBER 2023 ## CHAIRPERSON'S REPORT ## **2023 Highlights** - SME gold award x 2 - Founding CEO won Business Achievement Award (Entrepreneur of the Year) & Women Leaders Award (Community Impact Employed) - Mayors Charity of the Year - Taking part in the Baton Of Hope Though 2023 has been a challenging year, with resource shortages and income difficulties, we have much to celebrate. With our founding CEO Odette collecting her MBE from Princess Anne at Windsor Castle, we steadfastly held onto our vision to give bereaved children a brighter tomorrow. The recognition that more young people aged 11 years and over were wishing to access our groups has led to the development of the youth and young adults groups. This coupled with the demand for access to our services still growing, we focused our efforts on the recruitment of an additional part-time Family Liaison Officer, as well as the volunteers needed, to support the expansion of rainbow groups. With increased enquiries from local schools, the need for awareness and guidance in the education community led to creating our education programme. Following successful trials at a few schools, for the provision of bereavement training for staff and a Key Stage 2 lesson, we plan to offer this to all primary education settings in 2024 as a paid for service. Our 2024 strategy will include our 5 year objectives to increase accessibility for minority groups with projects focusing on engaging black and minoritised communities, and men. Our financial objectives will focus on recruiting a fundraising and events manager to ensure our challenge events can continue and to grow income through corporate engagements. Increasing income from trusts and grants will be a main focus in 2024 as will regular giving. Harry’s Rainbow Trustees’ Annual Report 2024 7 ## FINANCIAL REVIEW ## **2023 Highlights** - The Jim Marshall Trust funded 90 children to visit our rainbow retreat. - The Carrington Charitable Trust funded £5000 towards our rainbow groups. ## **Grants Awarded** With the economic crisis affecting individuals and businesses, it has been crucial to remain agile in our fundraising strategy. With many grant applications being rejected, we adapted by recruiting a part time events fundraiser to focus on reigniting our challenge events to grow income. Though this pivot allowed us to plan ahead, we faced an unexpected circumstance of having no fundraising staff for Q4. During this time however, Places for People funded a consultant to support our fundraising plans which will have a positive impact for 2024. Our main focus for 2024 will be to recruit an events and fundraising manager to focus on income generation. |**Grants & Trusts**|**Corporate Funders**|**Events**| |---|---|---| |Magic Little Grants|OPUS group|Halloween Scare| |The Jim Marshall|Rightmove|Colour Run| |Carrington Charitable
Trust|Personal Group|Mayors Golf Day| |BLMK Health & Care
partnership (MHA)|Cherished Urns|The Neil Ruddock
Networking Lunch| Harry’s Rainbow Trustees’ Annual Report 2024 8 ## CASE STUDY Written by CARL, registered with us in 2022 with boys Jake and Riley. Me and my boys became involved with Harry’s Rainbow when the boys mum died suddenly in January 2022. Our involvement with Harry’s Rainbow started when we attended a few meetings which we enjoyed, and it helped the boys with the loss of their mum. The first activity organised by Harry’s Rainbow that we went to was the Woburn Safari Park event during the summer of 2022. While we were at Woburn Safari having lunch, Clare, Elcie, and Clare’s mum sat at the same table as us and started chatting to us. We both went our separate ways after lunch and bumped into each other again. Clare and I got chatting and before we said goodbye I asked for her number. But she thought my name was Kyle and I had to correct her a couple of times After this Clare and I went on a few dates and then became a couple on the 15th August 2022. We spent every day together up until Christmas and then at the beginning of January 2023, Clare and Elice moved in with me and the boys. Since then, we’ve attended Harry‘s Rainbow activities together as a family. We always talk and support each other about our losses and make sure we talk to the children about their memories as well. Had it not been for our chance meeting at Woburn Safari Park that Harry’s Rainbow arranged for bereaved families, we may have never met. It shows that from something so devastating and life changing through losing a loved one, that something good has come from it. We have been able to love and support each other and the kids through difficult times. We will continue to do so with the support of our families and the support we still receive through Harry’s Rainbow. My father, Terry, has become more involved with the charity and is now a volunteer at Harry’s Rainbow groups. He also jumped out of an airplane which he fundraised for! Harry’s Rainbow Trustees’ Annual Report 2024 9 ## CASE STUDY Written by CLARE, registered with us in 2020 following the sudden and unexpected death of her partner and Elcie's Daddy, Aston. Elcie and I re-joined Harry’s Rainbow when she began asking more questions about her Daddy who died suddenly and unexpectedly in 2020. I remember telling Odette (during our re-registration) that I would like to meet other parents who have been through similar situations and for Elcie to meet other children also. We decided to go along to the Woburn Safari trip that was arranged at the end of July 2022. Elcie had ice skating lessons in the morning, so we drove over and met everyone for lunch. When we arrived, we picked a table to sit at to eat our lunch. Unbeknown to me (at the time), we shared a table with Carl and his sons. We all began talking whilst eating lunch, discovered that we both had been to ice hockey games and briefly spoke about our situations with the boys’ mum & Elcie’s dad. My Mum will never let me forget that she started the conversation by asking Carl ‘are you the man who does all the fundraising for Harry’s Rainbow?’ The boys will also never forget my mum’s stash of tomato sauces in her handbag for Elcie’s lunch! Throughout the day, we continually kept bumping into each other. Carl was about to leave and asked if we would see each other at the Rainbow Groups. We ended up going for a drink together and during this time we were able to speak and discuss our situations in more detail without the children around. Personally, it gave me so much support that I didn’t realise I needed at the time. Continued on next page… Harry’s Rainbow Trustees’ Annual Report 2024 10 ## CASE STUDY Nearly a year later, Carl and I live together (very happily!) with our children and support each other in ways not many others would be able to. We fundraise for Harry’s Rainbow together and complete the Colour Run each year. Elcie was one of 2 children who raised the most in 2023 and received a little treat from Harry’s Rainbow. Elcie also carried the Baton of Hope, (suicide awareness and prevention initiative the UK) in memory of her Daddy: Aston. Harry’s Rainbow team were waiting for us and other participants who were able to write messages of hope at their stand. We all go and visit Danielle and Aston’s headstones together and talk about them both as a family on many occasions. Although I never met Danielle, I feel as though I know her from all the stories that I am lucky enough to be told from the boys. I will forever be thankful to Harry’s Rainbow for the support Elcie receives and all the opportunities they arrange for bereaved families. Similarly, I am just as grateful as I met Carl and together we attended the Rainbow Retreat in Camber Sands as our first family holiday. We all take each day as it comes, as a unit - together. I am very excited to see what the future will hold for all of us, as a unit - together. ## **Claire and Carl had a baby girl to complete their family, in April 2024.** Harry’s Rainbow Trustees’ Annual Report 2024 11 ## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. 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** The aims of the CIO are to provide support and relief for children, young people (up to the age of 25 years) and their families who have been bereaved through the loss of a parent or sibling by: - Providing mentoring, emotional well-being support and advice through facilitated internal and partner agency support groups, provision of books, resources and via our website and social networking sites; - Providing recreational and leisure activities to children and young people in order to improve their conditions of life and reduce the isolation felt during bereavement by facilitating contact with other children, young people and their families; - Raising public awareness of the need for support and guidance and providing information about coping with bereavement; - The objects shall focus on, but are not restricted to, beneficiaries in Milton Keynes. The trustees have paid due regards to guidance issued by the Charities Commission in deciding what activities the CIO should undertake. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Related parties** Gulraj Bariah, a trustee of the CIO is also a trustee for Milton Keynes Play Association. ## Approved by order of the board of trustees on: 16[th] October 2024 and signed on its behalf by: P Swales - Trustee Harry’s Rainbow Trustees’ Annual Report 2024 12 FOR THE YEAR ENDED 31 DECEMBER 2023 ## INDEPENDENT EXAMINER'S REPORT ## **Independent examiner's report to the trustees of The Harrys Rainbow CIO** I report to the charity trustees on my examination of the accounts of The Harrys Rainbow CIO (the Trust) for the year ended 31 December 2023. ## **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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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. ## **Tom Foot FCA** Ad Valorem Accountancy Services Limited Chartered Certified Accountants 2 Manor Farm Court Old Wolverton Road Old Wolverton Buckinghamshire MK12 5NN Date: 16[th] October 2023 Harry’s Rainbow Trustees’ Annual Report 2024 13 ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 ||Unrestricte
d funds (£)
Restricted
funds (£)
2023 Total
funds (£)
2022 Total
funds (£)| |---|---| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|170,130
19,187
189,317
165,093| |Other trading activities (Notes: 2)|2,762
-
2,762
1,817| |**Total**|**172,892**
**19,187**
**192,079**
**166,910**| ||| |**EXPENDITURE ON**|| |Raising donations and legacies|83,845
10,000
93,845
56,187| ||83,845
10,000
93,845
56,187| ||| |Charitable activities|129,063
9,187
138,250
79,359| |Other|39,511
-
39,511
53,862| |**Total**|**252,419**
**19,187**
**271,606**
**189,408**| ||| |**NET INCOME/(EXPENDITURE)**|(79,527)
-
(79,527)
(22,498)| |**Other recognised gains/(losses)**|| |Gains on revaluation of fixed assets|2,888
-
2,888
195,527| |**Net movement in funds**|**(76,639)**
**-**
**(76,639)**
**173,029**| ||| |**RECONCILIATION OF FUNDS**|| |Total funds brought forward|173,029
-
173,029
-| |**TOTAL FUNDS CARRIED FORWARD**|**96,390**
**-**
**96,390**
**173,029**| Harry’s Rainbow Trustees’ Annual Report 2024 14 ## BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023 ||Unrestricte
d funds (£)
Restricted
funds (£)|2023 Total
funds (£)
2022 Total
funds (£)| |---|---|---| |**FIXED ASSETS**||| |Tangible assets (Notes: 5)|6,816
-|6,816
4,000| |||| |**CURRENT ASSETS**||| |Debtors (Notes: 6)|651
-|651
-| |Cash at bank|95,667
23,161|118,828
192,772| ||**96,318**
**23,161**|**119,479**
**192,772**| |||| |**CREDITORS**||| |Amounts falling due within one year (Notes: 7)|(6,744)
(23,161)|(29,905)
(23,743)| |||| |**NET CURRENT ASSETS/(LIABILITIES)**|89,574
-|89,574
169,029| |||| |**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**|96,390
-|96,390
173,029| |||| |**NET ASSETS**|96,390
-|96,390
173,029| |||| |**FUNDS**(Notes: 8)||| |Unrestricted funds||96,390
173,029| |Restricted funds||-
-| |||| |**TOTAL FUNDS**||**96,390**
**173,029**| The financial statements were approved by the Board of Trustees and authorised for issue on: 16[th] October 2024 and signed on its behalf by: P Swales - Trustee Harry’s Rainbow Trustees’ Annual Report 2024 15 FOR THE YEAR ENDED 31 DECEMBER 2023 ## NOTES TO THE FINANCIAL STATEMENTS ## **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, as modified by the revaluation of certain assets. ## **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. ## **TANGIBLE FIXED ASSETS** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to property - 15% on cost Computer equipment - 25% on cost ## **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. Harry’s Rainbow Trustees’ Annual Report 2024 16 FOR THE YEAR ENDED 31 DECEMBER 2023 ## NOTES TO THE FINANCIAL STATEMENTS (cont.) ## **2. OTHER TRADING ACTIVITIES** |**2. OTHER TRADING ACTIVITIES**|| |---|---| ||2023 (£)
2022 (£)| |Other income|2,763
1,817| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **TRUSTEES' EXPENSES** There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted
funds (£)
Restricted
funds (£)
Total funds
(£)| |---|---| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|148,045
17,048
165,093| |Other trading activities|1,817
-
1,817| |**Total**|**149,862**
**17,048**
**166,910**| ||| |**EXPENDITURE ON**|| |Raising donations and legacies|56,187
-
56,187| |Charitable activities|38,521
40,838
79,359| |Other|53,862
-
53,862| |**Total**|**148,570**
**40,838**
**189,408**| ||| ||Unrestricted
funds (£)
Restricted
funds (£)
Total funds
(£)| |**NET INCOME/(EXPENDITURE)**|1,292
(23,790)
(22,498)| |**Other recognised gains/(losses)**|| |Gains on revaluation of fixed assets|171,737
23,790
195,527| |**Net movement in funds**|**173,029**
**-**
**173,029**| |**TOTAL FUNDS CARRIED FORWARD**|**173,029**
**-**
**173,029**| Harry’s Rainbow Trustees’ Annual Report 2024 17 FOR THE YEAR ENDED 31 DECEMBER 2023 ## NOTES TO THE FINANCIAL STATEMENTS (cont.) ## **5. TANGIBLE FIXED ASSETS** |**5. TANGIBLE FIXED ASSETS**|| |---|---| ||Improvement
s to property
(£)
Computer
Equipment
(£)
Totals (£)| |**COST OR VALUATION**|| |At 1 January 2023|4,802
277
5,079| |Revaluation|1,881
-
1,881| |**Total**|**6,683**
**277**
**6,961**| ||| |**DEPRECIATION**|| |At 1 January 2023|1,007
72
1,079| |Charge for year|-
72
72| |Revaluation adjustments|(1,007)
-
(1,007)| |At 31 December 2023|-
144
144| ||| |**NET BOOK VALUE**|| |At 31 December 2023|6,683
133
6,816| |At 31 December 2022|3,795
205
4,000| Harry’s Rainbow Trustees’ Annual Report 2024 18 FOR THE YEAR ENDED 31 DECEMBER 2023 ## NOTES TO THE FINANCIAL STATEMENTS (cont.) ## **6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** ||2023 (£)
2022 (£)| |---|---| |Prepayments|651
-| ## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** ||2023 (£)
2022 (£)| |---|---| |Trade creditors|3,098
4,068| |Taxation and social security|3,646
2,651| |Other creditors|23,161
17,024| |**Total**|**29,905**
**23,743**| ||| ## **8. MOVEMENT IN FUNDS** ||At 1/1/22
(£)
Transfer
(£)
Net
movement
in funds (£)
At 31/12/22
(£)| |---|---| |**Unrestricted funds**|| |General fund|-
171,737
1,292
173,029| |**Restricted funds**|| |Designated funds|-
23,790
(23,790)
0| |**TOTAL FUNDS**|**-**
**195,527**
**(22,498)**
**173,029**| ## **9. RELATED PARTY DISCLOSURES** The charity has officers in common with Milton Keynes Play Association. There were no other related party transactions for the year ended 31 December 2023. ## **10. RESTATEMENT 2022** The 2022 were required to be restated for deferred income and the correct allocation of expenditure. Harry’s Rainbow Trustees’ Annual Report 2024 19 FOR THE YEAR ENDED 31 DECEMBER 2023 ## NOTES TO THE FINANCIAL STATEMENTS (cont.) ## **11. SERVICES PROVIDED TO THE CHARITY** Harrys Rainbow CIO received the following services free of charge with the value being accounted for within the statement of financial activities within these accounts. ||2023 (£)|2022 (£)| |---|---|---| |Blinds supplied and fitted|460|-| |Website Support|3,000|-| |IT support|8,640|3,600| |**Total**|**12,100**|**3,600**| Harry’s Rainbow Trustees’ Annual Report 2024 20 ## DECLARATION The trustees declare that they approve the Trustees’ report and the financial statements (page 12-20). Signed on behalf of the charity’s Trustees Name: P Swales - Trustee Date: 23[rd] October 2024 Harry’s Rainbow Trustees’ Annual Report 2024 21 01908 061676 Suite 645, Milton Keynes Business centre Foxhunter Drive, Linford Wood MK14 6GD info@harrysrainbow.co.uk www.harrysrainbow.co.uk ## WE AIM TO GIVE BEREAVED CHILDREN A BRIGHTER TOMORROW Registered CIO charity number 1194917