## **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| P a g e | **2** **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. P a g e | **3** **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: - To care for stray, abandoned and unwanted cats and dogs until their forever homes are found, no matter how long it takes - To provide the best possible welfare for all the cats and dogs that come into our care - To educate the public about responsible cat and dog ownership 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. P a g e | **4** **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. P a g e | **5** **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. P a g e | **6** **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. P a g e | **7** 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: - examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008; - follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and - state whether particular matters have come to my attention. ## **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 P a g e | **9** 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. P a g e | **11** 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: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. P a g e | **13** **Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2022___________________________** - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or estimated resale value. No amounts are included for the contribution of general volunteers. - Income from trading activities is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. ## **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: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. ## **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. P a g e | **14** **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**| |---|---|---| |||


| P a g e | **15** **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**| |---|---|---| ||
|
| P a g e | **16** **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**| |---|---| P a g e | **17**