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2022-08-31-accounts

Rainbow Rehoming Centre

(A Company Limited By Guarantee)

Financial Statements

For The Year Ended 31 August 2022

Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

Table of Contents

Report of the trustees for the year ended 31 August 2022 3 - 8
Independent Examiner’s Report 9 - 10
Statement of financial activities for the year ended 31 August 2022 11
Balance sheet at 31 August 2022 12
Notes to the financial statements 13 - 17

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

Report of the trustees for the year ended 31 August 2022

The trustees are pleased to present their report together with the financial statements and independent examiner’s report for the year ended 31 August 2022.

Reference and administration details

Name Rainbow Rehoming Centre
Charity Number NIC 102019
Company Registration Number NI051496
Principal Address 4g Ballygudden Road
Eglinton
Londonderry
BT47 3AF
Independent Examiner Laurie Duffy FCA
L Duffy & Co
Chartered Accountants & Registered Auditors
12 Queen Street
Derry
BT48 7EG
Bankers Danske Bank
127 Glenshane Road
Londonderry
BT47 2LN
Trustees
Barbara Lowry Chair
Mary McGrory Secretary
Anna Hyndman
Jacqueline Williamson
Martha McClelland
Christina McClements

Structure, governance and management

The company is a company limited by guarantee. The company is governed by its Memorandum and Articles of Association.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

Objectives and activities

For over 20 years the main focus of Rainbow Rehoming has been to help stray, abandoned and unwanted cats and dogs, mainly in and around the North West of Ireland.

Rainbow Rehoming Centre believes that all cats and dogs deserve a good life and a safe, loving home.

Rainbow Rehoming Centre exists:

Rainbow Rehoming Centre aspires to provide a safe place for stray, abandoned and unwanted cats and dogs. We provide the highest standards of welfare for all the animals in our care. We are a big family, made up of our cats and dogs, staff, adopters, volunteers, supporters - all changing lives together. We're proud to say that an RRC cat or dog is always an RRC cat or dog, and we are committed to providing support for them throughout their lives.

Performance and achievements

We found forever homes for 106 dogs and 218 cats, and 11 dogs were transferred to Dogs Trust. They may have left our care, but they leave behind precious memories of the times we spent together. We are overjoyed that 324 RRC pets are now enjoying a new home with their adoptive families. These families are sharing the joys of offering a rescued animal their new beginning, promoting the ethos of 'adopt don't shop' with their families, friends and communities.

This year we have seen an increase in the number of dogs seeking a rescue space. Approximately 90% of the dogs that came into our care were surrendered by their owners. These owners did not research the breed of dog that they took into their home and this has led to the owners being unable to manage the dog. Most of these dogs were also less than two years old and had received no training and/or limited socialising with other dogs and people - due to this, many of the dogs had developed behavioural issues. Most of the dogs had also received no basic veterinary treatment, for instance vaccinations or parasite treatment and there was also an increase in the number of dogs with untreated medical conditions.

We also saw an increase in the number of stray cats seeking a rescue space and coming into our care.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

We continue to see an increase in requests from the public seeking help with feral cats. Our volunteer cat trapper has been kept very busy and remains committed to wanting to change lives, by actively working alongside the public to get these cats neutered and the prospect of a better life.

After the easing of the Coronavirus restrictions, we were able to continue with our annual fundraising events. e.g. Pooches in the Park and Spooky Paws Walk the Walls, both of which were very successful in 2022.

The opportunities to fundraise in our local community e.g flag days and bag packs remains very limited, so we continue to rely on online fundraising and public support as our main source of income.

Our supporters and public reach on our social media platforms continue to increase and we have also increased our educational posts as this provides an opportunity to inform the public on animal welfare and help and advice for pets, not only for dogs and cats but other pets and wild animals.

Over the past year we have had a record number of volunteers register with us, including those who are interested in fostering. These volunteers are vital to the running of the Centre and the number of animals we can help. Their contribution cannot be overstated. We would like to take the opportunity to say thank you to all our volunteers for choosing to support us and to changing the lives of those cats and dogs that need us.

This year we offered our staff and volunteers hands on dog behavioural training at our Centre carried out by a local dog behaviourist. We also offered online first aid training.

We also reviewed our current dog and cat application form. This has saved us a lot of time in identifying the right family for the dogs and cats in our care.

We also looked at a few potential sites for a new Rainbow Rehoming Centre, but unfortunately, we were outbid on these.

Contributing to the Community

We offer help, support and advice to members of the public who have encountered an injured, sick or straying cat or dog or to owners who have made the decision to rehome their pet. We also deal with concerns of missing pets, animal cruelty and feral cats living in our catchment area.

We promote positive relationships between our local communities, other animal rescue communities and our RRC family by interacting with one another at our events or on our social media platforms.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

We offer a variety of volunteer experiences at our rehoming Centre and off-site. Our network of over forty volunteers work together with the aim of making life better for animals and the people who love them.

We also work in partnership with other animal organisations and many of our volunteers carry out home checks on behalf of these organisations.

For many years RRC volunteers have worked extremely hard alongside the public to reduce the high numbers of feral cats and they are dedicated, not only to feral cat welfare, but also to helping the communities they visit.

In addition to these public benefits there are a number of private benefits as a result of the services that we provide. Local businesses benefit from the activities generated by the Centre as we use local suppliers of animal related goods and we utilise local veterinary practices.

As a local employer the RRC is helping to provide employment in an area that has one of the highest levels of unemployment in the North of Ireland.

Educating the Community

We are passionate about educating the public about responsible cat and dog ownership and other animal welfare issues. We continue to do this through our social media platforms and via articles in the local press. We welcome every opportunity to engage with visitors to our Centre and at our events.

We offer information to the public on the five freedoms of animal welfare and highlight the importance of using these freedoms to identify and report any animal they believe is being subjected to cruelty. We also educate the public about the agencies to whom they should report animal cruelty.

We continue to educate the public on the importance of neutering feral/wild cats and how this will help to reduce their numbers.

Future Plans

We will continue to search for a site for a new Rainbow Rehoming Centre.

We plan to update our logo.

We are in the process of setting up a new website which will make the process easier of adopting an animal in our care; easier for volunteers to register with us and easy access to information on ways to support us.

We plan to review and update our current paperwork for the animals that come through our Centre.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

We have hands on dog first aid training planned and we continue to engage with staff to determine what training would be required to enhance their existing skills and knowledge.

To help reduce the number of domestic and feral cats in the North West, our volunteers plan to do door to door leaflet drops .

Financial review

The charity has had another successful year. In this difficult economic climate, the charity’s income was £145,606 (2021 - £187,692) and there was a deficit of income against expenditure of £19,182 (2021 – surplus of £39,620).

Reserves policy

The trustees have established the level of reserves (that is those funds that are freely available) that the charity ought to have. Reserves are needed to bridge any funding gaps that may occur and should be maintained at the equivalent of 3 months expenditure in order for the charity to continue its activities. Unrestricted reserves at the 31 August 2022 were £47,410 (2021 - £66,542).

Statement of Compliance

The Directors of the RRC, in the setting of our objectives and in the planning of our activities for this year, have given due care and attention to the Charity Commission for Northern Ireland's guidance on public benefit and thus ensuring that the activities have helped to achieve the charity's purposes.

Legal Status

The Rainbow Rehoming Centre is a Company Limited by Guarantee and not having a share capital.

Governing Document

The charity is governed by its Memorandum and Articles of Association dated 18 August 2004 and each member agrees to contribute £1 in the event of the charity winding up.

Risk Management

The Directors actively review the risks and uncertainties that the charity faces and establishes policies and procedures to mitigate these risks.

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Rainbow Rehoming Centre Flnancial Statements For Year Ended 31 Au ust 2022 Statement of trustees, responsibilities The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting PracticL. The law applicable to charitics in Northern Ireland 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these fjnancial statements, the trustees arc requircd to. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP 2015 (FRS 102)" make judgments and estimates that are reasonable and prudent. stste whether applicable UK Accounting Standards have been followel subject to any material departures disclosed and explained in the financial statemenis" prcpare the financial statcments on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable ihem lo ensure that the financial stalements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the chatitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies. In so far as the trustecs arc aware: there is no relevant audit inforniation of which the charity's auditor is unaware; and the trustees have taken all steps that they ought to have taken to make themselves awarc of any rclevant audit inforniation and to establish that the auditor is aware of that infomiation. Independent Examiners A resolution will be proposed at the AGM that L Duffy & Co be re-appointed &8 independent examiners to the charity for the ensuing year. The trustees declare that they have approved the trustee's report above. Signed on behalf of the charity's trustees on 7 March 2023 by Anna Hyndman Barbara Loivry 7 March 2023 (Chairperson)

Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

Independent Examiner’s Report to Trustees of Rainbow Rehoming Centre

I report on the accounts of the company for the year ended 31 August 2022 which are set out on pages 11 to 17.

Respective responsibilities of trustees and examiner

As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity 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 charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

  1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006

  2. That the accounts do not accord with those accounting records

  3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 Au st 2022 4. That thcrc is further infonnation necdcd for a proper undcrstanding of thc accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Signed Date: 7 March 2023 Laurie Duffy Fellow of the Institute of Chartered Accountants in Ireland L Duffy & Co Chartered Accountants and Registered Auditors 12 Queen Street Derry BT48 7EG puffy *% CharteredAcwuntants 0 7 MIR 2023 fie8J5tere¢l Atsditor5 r¢¥

Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

Statement of Financial Activities for the year ended 31 August 2022

Unrestricted Restricted 2022 2021
Funds funds Total Total
Notes Funds Funds
£ £ £ £
Income and endowments
Donations and legacies 5 83,404 10,000 93,404 117,527
Charitable activities 6 38,607 758 39,365 44,817
Other trading activities 7 1,345 1,345 1,085
Investments 179 179 466
Other 8 10,100 1,213 11,313 23,797
_ _ _ _
Total income and endowments 133,456 12,150 145,606 186,792
_ _ _ _
Expenditure
Raising funds 1,688 1,688 1,160
Charitable activities 9 145,514 12,200 157,714 141,082
Other 10 5,386 5,386 5,830
_ _ _ _
Total resources expended 152,588 12,200 164,788 148,072
_ _ _ _
Net incoming/(outgoing) (19,132) (50) (19,182) 39,620
resources
Reconciliation of Funds
Total funds brought forward 66,542 250,278 316,820 277,200
_ _ _ _
Total Funds Carried Forward 47,410 250,228 297,638 316,820
_ _ _ _

The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 Au ust 2022 Balance Sheet at 31 August 2022 2022 2021 Notes Fixed Assets Tangible assets 11 7,470 9,960 Current Assets Gift Aid Cash at bank and in hand 11,147 280,461 11,371 309,598 291,608 320.969 Creditors: amounts falling due within one year 12 (1.440) (14,109) Net current assets 290,168 306,860 Total assets less current liabilities 297,638 316.820 Funds of the charlty Unrestricted funds 47,410 66,542 R¢strictcd funds 250,228 250,278 Total charity funds 13 297,638 316,820 For the year ended 31 August 2022 the charity was entitled to exemption from audit under section 477 of the Compani¢s Act 2006 relating to smal) companies. Directors. responsibilities The members have not required Ihe company to obtain an audit of its financial sLqtements for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. The financial statcments werc approvcd by thc Board of T￿￿t¢¢5 on 7 March 2023 and were signed on its behalt"by: Anna Hyndman Barbara Lowry 7 March 2023 (Chairperson)

Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

Notes to the Financial Statements Year Ended 31 August 2022

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 4g Ballygudden Road, Eglinton. Londonderry BT47 3AF.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has been passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliable measured. The following specific policies are applied to particular categories of income:

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

Resources expended

Expenditure is recognised on an accruals basis as a liability incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

Tangible fixed assets

Tangible fixed assets at stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Equipment - 20% reducing balance Motor - 25% reducing balance

4. Limited by guarantee

This company is limited by guarantee therefore it does not have a share capital.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

5.
Income from Donations and Legacies
Donations
Legacies

6.
Income from Charitable activities
Dog rehoming
Cat rehoming
Kitten rehoming
Come in Dog/Pup
Come in Cat/Kitten
Reclaimed
Merchandise
Cat carriers
Wedding favours
Public fundraising
Rainbow fundraising
Collection boxes
Easy fundraising
Just Giving
Pet Plan
Support Pet Adoption
Sponsorship
Van sale

7.
Income from other trading activities
Shop
Calendar sales
8.
Other income
Gift Aid
 2022
£
91,404
2,000
______
93,404
2022
£
14,310
13,495
0
1,280
639
210
2
0
260
3,014
0
2,679
218
758
991
1,509
0
__
39,365
2022
£
0
1,345
_____
1,345
2022
£
11,313
____
11,313		 2021
£
117,527
0
______
117,527
2021
16,425
18,370
0
2,442
835
200
505
60
280
583
0
639
186
1,541
754
1,997
0
__
44,817
2021
0
1,085
______
1,085
2021
23,979
____
23,797



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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

9.
Expenditure on charitable activities
Food purchases
Other purchases
Veterinary fees
Dog licences
Animal trainer
Salaries
Sessional workers
Rent
Water rates
Premises insurance
Electricity and heating
Motor and travel
Telephone and fax
Printing, postage and stationery
Repairs
Cleaning
Sundries

10.
Other expenditure
Accountancy fees
Staff Training
Professional fees
Bank charges
Paypal fees
Depreciation		 2022
£
3,653
216
58,301
57,915
18,105
5,715
1,039
3,661
2,810
1,450
538
400
2,871
1,040
_

157,714
2022
£
1,440
196
480
365
415
2,490
_____
5,386		 2021
£
961
56,880
41,719
25,380
5,605
437
2,219
2,354
726
1,435
1,132
0
1,918
316
_
141,082
2021
1,440
0
607
342
393
3,048
_____
5,830


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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022_________

11.
Tangible Assets
Motor
Vehicles
£
Equipment &
Fittings
£
Cost
At 1 September 2021
15,840
19,372
Additions
0
0
______
______
At 31 August 2022
15,840
19,372
Depreciation
At 1 September 2021
9,158
16,094
Charge for year
1,670
820
_____
______
At 31 August 2022
10,828
16,914
Net Book Value
At 31 August 2022
5,012
2,458
At 1 September 2021
6,682
3,278
12.
Creditors: amounts falling due within one year
2022
£
Trade creditors
0
Accruals
1,440
PAYE
0
Pension
0
_____
1,440
13.
Total charity funds
2022
£
Unrestricted funds
35,210
Restricted funds
262,428
_

297,638		 Total
£
35,212
0
______
35,212
25,252
2,490
______
25,252
7,470
9,960
2021
£
9,195
1,440
3,315
159
_____
14,109
2021
£
66,542
250,278
_
316,820

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