T H E  R A I N B O W  F O U N D A T I O N ,  W R E X H A M C H A R I T Y  N U M B E R :   1 1 9 9 9 3 2 

**REPORT & UNAUDITED FINANCIAL STATEMENT PERIOD:  2ND AUGUST 2022 - 31ST OCTOBER 2023 (DORMANT)** 



## **The Rainbow Foundation, Wrexham** 

Charity Number 1199932 

## LEGAL AND ADMINISTRATIVE INFORMATION 

## **TRUSTEES** 

Mr Geoffrey Mason, Chair Ms Joanne Kember Mr Paul Whittaker Ms Toni Slater Mr John McCusker Ms Rona Williams Ms Elizabeth Carnie Ms Caroline Tudor-James 

## **CHIEF EXECUTIVE OFFICER** 

Caroline Tudor-James 

## **PRINCIPAL ADDRESS** 

The Rainbow Centre, Whitchurch Road, Wrexham LL13 0GB 

## I **NDEPENDENT EXAMINER** 

Mr John Lerston FCA CTA c/o UHY Hacker Young St Johns Chambers Chester CH1 1QN 



## TRUSTEES’ REPORT FOR THE PERIOD ENDED 31ST OCTOBER 2023 

## CHARITABLE ACTIVITIES 

The Rainbow Foundation is an active ageing charity working to improve the physical and mental health and wellbeing of our communities through a range of interventions and services which; promote independence, participation and self-care, address the determinants of active ageing, promote better health and wellbeing, reduce frailty, loneliness and isolation, and provide services closer to home. 

## FINANCIAL ACTIVITY 

During this financial period the Rainbow Foundation has been dormant, continuing to trade under the original charity registration, charity number 1100479, whilst making arrangements to transfer all assets and services to the newly registered CIO, charity number 1199932. 

A full report on the activities carried out by the original charity during this period can be found at:  Accounts and annual returns, THE RAINBOW FOUNDATION, WREXHAM - 1100479, Register of Charities - The Charity Commission 

It is anticipated that the Rainbow Foundation charity number 1199932 will start to trade from the newly established CIO from 1st April 2024 which aligns with when our regulated services under Care Inspectorate Wales (CIW) will also transfer to the CIO. 

Trustees have taken professional advice on the financial reporting implications of conversion to a CIO. On the basis that the old unincorporated charity accounts (1100479) will form the comparative figures in the CIO’s (1199932) first set of accounts.  The key point of the merger accounting requirements is that the new CIO will report its financial performance and position as if it had always operated as a CIO (because the objects and activities are fundamentally unchanged from the old charity).  We have also sought advice from the charity commission who confirm the same. 



## Balance Sheet to 31st October 2023 

**to 31st October 2023 £** Fixed assets                                                                                    0.00 Current assets                                                                               0.00 Current liabilities                                                                          0.00 Capital and reserves                                                                    0.00 Statements: 

a) up to the year ending  31st October 2023 the Rainbow Foundation, Wrexham charity number 1199932 remained dormant b) Trustees are not required to obtain an audit of their accounts for the year in question due to the account being dormant c) Trustees acknowledge their responsibilities for complying with the requirements of the Charity Commission