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2023-08-31-accounts

Rainbow Rehoming Centre

(A Company Limited By Guarantee)

Financial Statements

For The Year Ended 31 August 2023

Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

Table of Contents

Report of the trustees for the year ended 31 August 2023 3 - 8
Independent Examiner’s Report 9 - 10
Statement of financial activities for the year ended 31 August 2023 11
Balance sheet at 31 August 2023 12
Notes to the financial statements 13 - 17

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

Report of the trustees for the year ended 31 August 2023

The trustees are pleased to present their report together with the financial statements and independent examiner’s report for the year ended 31 August 2023.

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
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 2023_________

Objectives and activities

Since 1997, 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 are overjoyed that another 226 RRC residents 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.

It's important that we find the right home for our cats and dogs; this can be challenging due to some of the needs of the animals'.

This year saw a record number of cats and dogs seeking a rescue space. There was an increase in the numbers of owned cats, however, the majority of the cats were stray with an increase in the number of un-neutered males. The majority of dogs were owned pets and there was a dramatic increase in the number of bull-breeds.

95% of the cats and dogs that came into our care were not neutered, micro-chipped, vaccinated nor had up to date parasite treatments. We continue to see an increase in the number of dogs that have had no basic training or socialising with other dogs or the world around them, resulting in an increase in dogs that are traffic reactive. Not researching the breed remains the main reason for surrendering dogs, followed by moving house, increase in work hours, new child at home and affordability.

We've also had a record number of neglect cases come into our care this year. The majority of them were pet dogs and all the cat cases were strays.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

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.

We had another successful year at our two main annual events, Spooky Paws Walk the Walls and Pooches in the Park which now has a new venue at City of Derry Rugby Club. We continue to have door collection days at Jollyes Derry/Londonderry and Pets at Home Derry/Londonderry where we are their 2023 charity of the year.

Our online fundraising continues to be one of our main sources of income.

Our supporters and public reach on our social media platforms continue to increase. As well as sharing appeals about the animals in our care, we continue to share educational and awareness 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.

We've seen a decrease in the number of volunteer requests, but our long-term volunteers continue to be the backbone of our charity. It's thanks to their dedication that we continue to be the largest cat and dog rescue in the Northwest.

We started our 'Let’s Talk Cats' door to door leaflet drops to try and reduce the numbers of cats, by informing the public on the benefits of neutering and the financial support that is available.

This year our staff and volunteers had the opportunity to attend dog training classes organised by Dogs Trust at their Centre in Ballymena. They also got the opportunity to attend hands-on Canine First Aid with Fitzcharles Training Ltd.

We also attended the first ever Northern Ireland Welfare Forum organised by Dogs Trust.

We have updated our animal surrender, assessment and medical record paperwork which we use when a dog or cat comes into our care and during their stay.

We got a new logo and branding gifted to us by the Graphic Design team at a local business called Learning Pool.

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.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

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.

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 finally get our new website up and running.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

We will continue our 'Let’s Talk Cats' leaflet drops and start a community campaign to help reduce the numbers of unwanted cats by promoting the benefits of neutering and the financial support that is available.

We plan to review and update our cat and dog adoption paperwork.

We plan to provide a new ‘Ways to Support Us’ leaflet.

Financial review

The charity has had another successful year. In this difficult economic climate, the charity’s income was £174,017 (2022 - £145,606) and there was a surplus of income over expenditure of £20,995 (2022 – deficit of £19,182).

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 2023 were £57,546 (2022 - £47,410).

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 Financial Statements For Year Ended 31 August 2023_________

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 Practice.

The law applicable to charities 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 financial statements, the trustees are required to:

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 them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Independent Examiners

A resolution will be proposed at the AGM that L Duffy & Co be re-appointed as 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 20 February 2024 by

Anna Hyndman Barbara Lowry 20 February 2024 (Chairperson)

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

Independent Examiner’s Report to Trustees of Rainbow Rehoming Centre

I report on the accounts of the company for the year ended 31 August 2023 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 August 2023_________

  1. That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) 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: 20 February 2024

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

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

Statement of Financial Activities for the year ended 31 August 2023

Unrestricted Restricted 2023 2022
Funds funds Total Total
Notes Funds Funds
£ £ £ £
Income and endowments
Donations and legacies
- Grants 5 20,000 20,000 0
- Gifts and donations 6 91,942 10,000 101,942 93,404
Charitable activities 7 36,353 36,353 39,365
Other trading activities 8 3,010 3,010 1,345
Investments 1,516 1,516 179
Other 9 9,983 1,213 11,196 11,313
_ _ _ _
Total income and endowments 141,288 32,729 174,017 145,606
_ _ _ _
Expenditure
Raising funds 2,533 2,533 1,688
Charitable activities 10 122,429 21,870 144,299 157,714
Other 11 6,190 6,190 5,386
_ _ _ _
Total resources expended 131,152 21,870 153,022 164,788
_ _ _ _
Net incoming/(outgoing) 10,136 10,859 20,995 (19,182)
resources
Reconciliation of Funds
Total funds brought forward 47,410 250,228 297,638 316,820
_ _ _ _
Total Funds Carried Forward 57,546 261,087 318,633 297,638
_ _ _ _

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 August 2023_________

Balance Sheet at 31 August 2023

2023 2022
£ £
Notes
Fixed Assets
Tangible assets 12 5,400 7,470
Current Assets
Gift Aid 11,196 11,147
Cash at bank and in hand 303,597 280,461
______ ______
314,793 291,608
Creditors: amounts falling due
within one year 13 (1,560) (1,440)
_ _
Net current assets 313,233 290,168
_ _
Total assets less current liabilities 318,533 297,638
_ _
Funds of the charity
Unrestricted funds 57,546 47,410
Restricted funds 261,087 250,228
_ _
Total charity funds 14 318,633 297,638
_ _

For the year ended 31 August 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities

The financial statements were approved by the Board of Trustees on 20 February 2024 and were signed on its behalf by:

Anna Hyndman

Barbara Lowry 20 February 2024 (Chairperson)

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

Notes to the Financial Statements Year Ended 31 August 2023

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 2023_________

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 2023_________

5.
Grants
Pets At Home
Jean Sainsbury Animal Welfare
6.
Income from Donations and Legacies
Donations
Legacies
7.
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
Collection boxes
Easy fundraising
Just Giving
Pet Plan
Support Pet Adoption
8.
Income from other trading activities
Shop
Calendar sales		 2023
£
10,000
10,000
20,000
2023
£
96,942
5,000
______

101,942
2023
£
10,964
13,585
0
922
1,363
65
0
0
180
4,685
3,525
0
0
1,064
0
______

36,353
2023
£
0
3,010
_____

3,010		 2023
£
10,000
10,000
20,000
2023
£
96,942
5,000
______

101,942
2023
£
10,964
13,585
0
922
1,363
65
0
0
180
4,685
3,525
0
0
1,064
0
______

36,353
2023
£
0
3,010
_____

3,010		 2022
£
0
0
0
2022
£
91,404
2,000
______
93,404
2022
£
14,310
13,495
0
1,280
639
210
2
0
260
3,014
2,679
218
758
991
1,509
______
39,365
2022
£
0
1,345
______
1,345


_

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

9.
Other income
Gift Aid
10. Expenditure on charitable activities
Food purchases
Other purchases
Veterinary fees
Salaries
Sessional workers
Rent
Premises insurance
Electricity and heating
Motor and travel
Telephone and fax
Printing, postage and stationery
Repairs
Cleaning
Sundries

11.
Other expenditure
Accountancy fees
Staff Training
Professional fees
Bank charges
Paypal fees
Depreciation		 2023
£
11,196
______
11,196
2023
£
3,726
47,065
59,055
17,703
5,160
1,187
2,372
3,794
1,516
809
119
978
815
_

144,299
2022
£
1,560
150
1,453
326
631
2,070
_____
6,190		 2022
£
11,313
______
11,313
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


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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2023_________

12.Tangible Assets
Motor
Vehicles
£
Equipment &
Fittings
£
Cost
At 1 September 2022
15,840
19,372
Additions
0
0
______
______
At 31 August 2023
15,840
19,372
Depreciation
At 1 September 2022
10,828
16,914
Charge for year
1,250
820
_____
______
At 31 August 2023
12,078
17,734
Net Book Value
At 31 August 2023
3,762
1,638
At 1 September 2022
5,012
2,458
13.
Creditors: amounts falling due within one year
2023
£
Accruals
1,560
_____
1,560
14.
Total charity funds
2023
£
Unrestricted funds
57,546
Restricted funds
261,087
_

318,633		 Total
£
35,212
0
______
35,212
25,525
2,070
______
27,595
5,400
7,470
2022
£
1,440
_____
1,440
2022
£
47,410
250,228
_
297,638

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