| Trustees' Annual Report | for theperiod | ||||||
| **From ** | Period start date | To | Period end date | ||||
| Day 01 |
Month April |
Year 2020 |
Day 31 |
Month March |
Year 2021 |
Section A Reference and administration details
Charity name The Rainbow Centre Other names charity is known by Registered charity number (if any) 223933 Charity's principal address Clarence Street Morecambe Postcode LA4 5EX
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 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Carol Kelly | Chair | |||
| Colin Greenwood | Treasurer | |||
| Lynne Woodhead | Vice Chair | |||
| Jane Greenwood | ||||
| LaineyHall | To Sept 2020 | |||
| Simon Fox | ||||
| Maureen Greenhalgh |
From 21st November 2019 to Sept 2020 |
|||
| Stephanie Ensor | ||||
| Barbara Grieveson | From 21stNovember 2019 |
|||
TAR
March 2012
1
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution
- (eg. trust deed, constitution)
How the charity is constituted
Association
- (eg. trust, association, company)
Trustees are selected from individuals with appropriate experience and Trustee selection methods knowledge. They are elected at the AGM onto the Executive Committee.
(eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
The Trustees agreed to allow the Official Custodian to hold the building from which the Rainbow Centre operates on the charity’s behalf.
Each Trustee receives an Induction Pack explaining their role and job description. This is now reviewed annually with all trustees.
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
TAR
March 2012
2
Section C Objectives and activities
The Objects for which the Charity (the “Objects”) is established and to which it is specifically restricted are to promote the following purposes for the benefit of the public and/or older people in and around Lancaster (“the area of benefit”): 3.1 advancing education; Summary of the objects of the 3.2 preventing or relieving sickness, disease or suffering in older charity set out in its people (whether emotional, mental or physical); governing document 3.3 assisting older people in need by reason of ill-health, disability, financial hardship, social exclusion or other disadvantage; and 3.4 such other charitable purposes for the benefit of older people as the Trustees may from time to time decide. The Rainbow Centre is a community centre for the over 50’s. We would normally have many different activities taking place throughout the week. The trustees have had due regard to the guidance issued by the Charity Commission on public benefit. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
TAR
March 2012
3
Additional details of objectives and activities (Optional information)
Most of the activities on offer are led by volunteers including the luncheon club.
Without the dedication and time and sharing of knowledge these volunteers contribute for the benefit of others it would not be possible to run many of the activities. We are extremely grateful for all their hard work.
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
TAR
March 2012
4
Section D Achievements and performance
Summary of the main During this year we were unfortunately closed throughout due to the achievements of the charity corona virus pandemic. during the year
TAR
March 2012
5
Section E Financial review
Brief statement of the
charity’s policy on reserves
Any reserves we have are set aside for repairs and renewals to our building. Since the withdrawal of funding from local government they are providing income to ensure that the charity remains in operation.
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
Our investments are in the care of a private investment company with a mix of medium to low risk shares. Approximately 60% of running costs are met through our investments.
-
how expenditure has supported the key objectives of the charity;
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) C Kelly Full name(s) Carol Kelly Position (eg Secretary, Chair, Chair etc)
Date 26/04/21
TAR
March 2012
6
THE RAINBOW CENTRE ACCOUNTS
Statement of Financial Activity for the period ended 31st March 2021
| Income Catering Membership Donations Activities / Groups Computer Course Fees Instructor Fees Fundraising Room Hire / Rent Events Sale of Cards/Calendars Income from Investments Interest Receivable Miscellaneous Gift Aid Wages Car Park Rental Bank Interest Grants LCC CV 19 Morecambe Bid Galbraith Trust Other Grants Asda Legacies/In Memorium Total Income |
31 March 2021 | 31 March 2021 | Restricted Total - 61,991 |
31 March 2020 Unrestricted Restricted 13436.7 7818 3197.97 13321.99 540 2743.8 1935.9 6518 1053.5 760.2 22500 23.95 165.21 2042.03 0 0 0 0 1000 2579 0 904.4 80,541 - |
31 March 2020 Unrestricted Restricted 13436.7 7818 3197.97 13321.99 540 2743.8 1935.9 6518 1053.5 760.2 22500 23.95 165.21 2042.03 0 0 0 0 1000 2579 0 904.4 80,541 - |
Total 80,541 |
|---|---|---|---|---|---|---|
| Unrestricted 0 0 6467.1 0 0 0 0 433 0 0 12500 0 0 0 32287.6 300 3.68 10,000 61,991 |
Unrestricted 13436.7 7818 3197.97 13321.99 540 2743.8 1935.9 6518 1053.5 760.2 22500 23.95 165.21 2042.03 0 0 0 0 1000 2579 0 904.4 80,541 |
|||||
THE RAINBOW CENTRE ACCOUNTS
Statement of Financial Activity for the period ended 31st March 2021
| Expenditure Catering Catering Supplies Kitchen Equipment Premises Costs Heat and Light Insurance Water Rates Cleaning /Hygiene Repairs and Renewals Premises Costs Administration Stationery/Computer Telephone / Broadband Computer / IT Fees Licences Accounts fees Cost of Sales - Cards/Calendars Event Expenses Instructor Fees Fundraising Miscellaneous Staff Costs Wages, PAYE and other costs Total Expenditure Excess of Income over Expenditure |
31 March 2021 | 31 March 2021 | Restricted Total - 56,814 5,177 |
Restricted Total - 56,814 5,177 |
Restricted Total - 56,814 5,177 |
31 March 2020 Unrestricted Restricted 5703 0 6440 1720 1754 599 20,945 13511 1140 523 879 418 541 518 3135 235 43702 80,818 20,945 |
31 March 2020 Unrestricted Restricted 5703 0 6440 1720 1754 599 20,945 13511 1140 523 879 418 541 518 3135 235 43702 80,818 20,945 |
31 March 2020 Unrestricted Restricted 5703 0 6440 1720 1754 599 20,945 13511 1140 523 879 418 541 518 3135 235 43702 80,818 20,945 |
Total 101,763 |
|
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted 30 0 4921 2093 1357 287 790 445 402 396 46094 56,814 |
Unrestricted 5703 0 6440 1720 1754 599 13511 1140 523 879 418 541 518 3135 235 43702 80,818 |
|||||||||
| 5,177 | -21,223 |
THE RAINBOW CENTRE ACCOUNTS Balance Sheet as at 31 March 2021
| Fixed Assets Fixtures and Fittings Additions Grant Work less Accumulated Depreciation Net Book Value Computer Equipment less Accumulated Depreciation Net Book Value Kitchen Refurbishment less Accumulated Depreciation Net Book Value Capital Investments Sanlam Private Investments (Opening Balance) Additions Withdrawals Capital Gain / Loss Sanlam Private Investments (Closing Balance) Current Assets Bank- Business Tracker Current Account Fundraising Account Cash Current Liabilities Net Current Assets |
31 March 2021 £ 20,995 4,199 745 248 - 316,414 12,500 44,252 11,386 2,973 - 74 |
£ 16,796 497 - 14,434 - |
£ 17,293 348,166 |
£ 17,293 348,166 |
31 March 2020 £ 26,244 5,249 1,117 372 6,600 1,320 364,971 22,500 -26,057 8,733 5,470 - 74 |
£ 20,995 745 5,280 14,277 - |
£ 27,020 316,414 |
£ 27,020 |
|---|---|---|---|---|---|---|---|---|
| 14,434 | 14,277 357,711 |
14,277 | ||||||
| 31,727 |
Approved by the board of trustees
………………………………………………………. Date: ………………………………………
Independent examiner's report to the trustees of
The Rainbow Centre Morecambe
Charity No. 223933
I report on the accounts for the year
1[st] April 2020 – 31st March 2021
Respective responsibilities of Committee and Examiner
The committee are responsible for the preparation of the accounts. The committee consider that an audit is not required for this year and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts and
-
to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination has included a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
Which gives me reasonable cause to believe that in any material respect:
-
that the proper accounting records required have not been maintained and
-
that the requirement to prepare the accounts based on said records have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Shweta Pankhadiwala
Lancaster District CVS The Cornerstone Sulyard Street Lancaster LA1 1PX 25[th] June 2021
THE RAINBOW CENTRE ACCOUNTS
Statement of Financial Activity for the period ended 31st March 2021
| Income Catering Membership Donations Activities / Groups Computer Course Fees Instructor Fees Fundraising Room Hire / Rent Events Sale of Cards/Calendars Income from Investments Interest Receivable Miscellaneous Gift Aid Wages Car Park Rental Bank Interest Grants LCC CV 19 Morecambe Bid Galbraith Trust Other Grants Asda Legacies/In Memorium Total Income |
31 March 2021 | 31 March 2021 | Restricted Total - 61,991 |
31 March 2020 Unrestricted Restricted 13436.7 7818 3197.97 13321.99 540 2743.8 1935.9 6518 1053.5 760.2 22500 23.95 165.21 2042.03 0 0 0 0 1000 2579 0 904.4 80,541 - |
31 March 2020 Unrestricted Restricted 13436.7 7818 3197.97 13321.99 540 2743.8 1935.9 6518 1053.5 760.2 22500 23.95 165.21 2042.03 0 0 0 0 1000 2579 0 904.4 80,541 - |
Total 80,541 |
|---|---|---|---|---|---|---|
| Unrestricted 0 0 6467.1 0 0 0 0 433 0 0 12500 0 0 0 32287.6 300 3.68 10,000 61,991 |
Unrestricted 13436.7 7818 3197.97 13321.99 540 2743.8 1935.9 6518 1053.5 760.2 22500 23.95 165.21 2042.03 0 0 0 0 1000 2579 0 904.4 80,541 |
|||||
THE RAINBOW CENTRE ACCOUNTS
Statement of Financial Activity for the period ended 31st March 2021
| Expenditure Catering Catering Supplies Kitchen Equipment Premises Costs Heat and Light Insurance Water Rates Cleaning /Hygiene Repairs and Renewals Premises Costs Administration Stationery/Computer Telephone / Broadband Computer / IT Fees Licences Accounts fees Cost of Sales - Cards/Calendars Event Expenses Instructor Fees Fundraising Miscellaneous Staff Costs Wages, PAYE and other costs Total Expenditure Excess of Income over Expenditure |
31 March 2021 | 31 March 2021 | Restricted Total - 56,814 5,177 |
Restricted Total - 56,814 5,177 |
Restricted Total - 56,814 5,177 |
31 March 2020 Unrestricted Restricted 5703 0 6440 1720 1754 599 20,945 13511 1140 523 879 418 541 518 3135 235 43702 80,818 20,945 |
31 March 2020 Unrestricted Restricted 5703 0 6440 1720 1754 599 20,945 13511 1140 523 879 418 541 518 3135 235 43702 80,818 20,945 |
31 March 2020 Unrestricted Restricted 5703 0 6440 1720 1754 599 20,945 13511 1140 523 879 418 541 518 3135 235 43702 80,818 20,945 |
Total 101,763 |
|
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted 30 0 4921 2093 1357 287 790 445 402 396 46094 56,814 |
Unrestricted 5703 0 6440 1720 1754 599 13511 1140 523 879 418 541 518 3135 235 43702 80,818 |
|||||||||
| 5,177 | -21,223 |
THE RAINBOW CENTRE ACCOUNTS Balance Sheet as at 31 March 2021
| Fixed Assets Fixtures and Fittings Additions Grant Work less Accumulated Depreciation Net Book Value Computer Equipment less Accumulated Depreciation Net Book Value Kitchen Refurbishment less Accumulated Depreciation Net Book Value Capital Investments Sanlam Private Investments (Opening Balance) Additions Withdrawals Capital Gain / Loss Sanlam Private Investments (Closing Balance) Current Assets Bank- Business Tracker Current Account Fundraising Account Cash Current Liabilities Net Current Assets |
31 March 2021 £ 20,995 4,199 745 248 - 316,414 12,500 44,252 11,386 2,973 - 74 |
£ 16,796 497 - 14,434 - |
£ 17,293 348,166 |
£ 17,293 348,166 |
31 March 2020 £ 26,244 5,249 1,117 372 6,600 1,320 364,971 22,500 -26,057 8,733 5,470 - 74 |
£ 20,995 745 5,280 14,277 - |
£ 27,020 316,414 |
£ 27,020 |
|---|---|---|---|---|---|---|---|---|
| 14,434 | 14,277 357,711 |
14,277 | ||||||
| 31,727 |
Approved by the board of trustees
………………………………………………………. Date: ………………………………………
Independent examiner's report to the trustees of
The Rainbow Centre Morecambe
Charity No. 223933
I report on the accounts for the year
1[st] April 2020 – 31st March 2021
Respective responsibilities of Committee and Examiner
The committee are responsible for the preparation of the accounts. The committee consider that an audit is not required for this year and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts and
-
to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination has included a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
Which gives me reasonable cause to believe that in any material respect:
-
that the proper accounting records required have not been maintained and
-
that the requirement to prepare the accounts based on said records have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Shweta Pankhadiwala
Lancaster District CVS The Cornerstone Sulyard Street Lancaster LA1 1PX 25[th] June 2021