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2024-08-31-accounts

Rainbow Rehoming Centre

(A Company Limited By Guarantee)

Financial Statements

For The Year Ended 31 August 2024

Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

Table of Contents

Report of the trustees for the year ended 31 August 2024 3 - 8
Independent Examiner’s Report 9 - 10
Statement of financial activities for the year ended 31 August 2024 11
Balance sheet at 31 August 2024 12
Notes to the financial statements 13 - 17

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

Report of the trustees for the year ended 31 August 2024

The trustees are pleased to present their report together with the financial statements and independent examiner’s report for the year ended 31 August 2024.

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 2024_________

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 72 dogs and 176 cats, and 6 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 248 RR 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’.

This year has been one of the worst years since we opened our doors in 1997 with endless requests to take cats and dogs into our care. This year saw a dramatic rise in the number of owners requesting help to pay their veterinary bills (we unfortunately, don't have the resources to help pay private vet bills) and a rise in the number of owners facing homelessness, physical and/or mental illness who could no longer look after their pets.

Approximately 95% of the dogs that came into our care last year were surrendered by their owners and 75% of these owners did not research the breed of their dog. The dog’s range in age and most of them had no training and/or limited socialisation with people and other dogs - due to this, many of these dogs had developed behavioural issues. Also, most of the dogs had received no basic veterinary treatment, for example, vaccinations or parasite treatment. There was also an increase in the number of dogs with untreated medical conditions - some of which required specialist veterinary

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

treatments - one of these dogs was called Oscar, and his veterinary bill was approximately £8000!!!

95% of the cats that came into our care were stray and 90% of them were not neutered or microchipped and 80% of them were aged under 3 years old. We're increasingly seeing requests to help cats that have lived strictly indoors and 80% of these requests were due to the cat developing a behavioural issue or endless veterinary bills due to a stress related illness.

The number of requests to help with feral cats continues to rise and as usual 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.

This year we held our annual Pooches in the Park and Spooky Paws Walk the Walls events and we had a fantastic year as a partnered charity for Pets at Home Derry/Londonderry with their annual Easter and Santa Paws appeals being a huge success. Our annual calendar was another huge success.

Public support remains our main source of income and without the people who regularly support us, we couldn't continue our work.

Our supporters and public reach on our social media platforms continue to increase and we use our platforms to help find the animals in our care their forever homes, promote the good work our charity does and educate the public in all aspects of animal welfare and advice.

Our charity still relies greatly on the dedication and commitment of our volunteers - especially our long-term volunteers, some of whom have been with us for 25 years. We would like to take this 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. Unfortunately, we struggle to find new committed volunteers.

This year we reviewed the paperwork that we complete for every dog and cat that comes into our care – (which contains their previous history, including medical and behavioural), the assessment paperwork of the cat or dog in our care, the socialisation and training paperwork and the cat and dog’s veterinary record.

We also looked at a few potential sites for a new Rainbow Rehoming Centre. Unfortunately, due to our limited funds we were outbid on each occasion.

This year we changed to a new logo. It was designed by the graphic design team at Learning Pool who are a local company. We absolutely love our new logo and are extremely grateful for all that Learning Pool did for us.

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

We offered staff and volunteers the opportunity to attend pet first aid training - some of which welcomed the opportunity and attended.

To help reduce the feral cat population in the North West, we carried out leaflet drops in a few areas, including the cityside and the waterside areas of Derry/Londonderry, Strathfoyle and Ballykelly.

This year we joined the Northern Ireland Companion Animal Welfare Group (NICAWG). This group was formed to improve the welfare of companion animals across Northern Ireland.

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.

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

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

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 suitable site for a new Rainbow Rehoming Centre.

Because we haven't found a new site yet, we have no option but to do some repairs and cosmetic work to our current site. We may even have to replace our current cat isolation and sick bay portacabins due to their dilapidated state.

We plan to review and update our current adoption and volunteer paperwork

We plan to introduce the green, amber and red system to assess and manage our rescue dogs' behaviours; matching them with appropriate staff and volunteers based on their training levels and the dog's needs - ensuring a safe and supportive environment.

We also plan to get Rainbow Rehoming branded merchandise.

Financial review

The charity has had another successful year. In this difficult economic climate, the charity’s income was £184,296 (2023 - £174,017) and there was a deficit of income over expenditure of £4,349 (2023 – surplus of £20,995).

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 2024 were £48,954 (2023 - £57,546).

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

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.

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

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

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 May 2025 by

Anna Hyndman Barbara Lowry 20 May 2025 (Chairperson)

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

Independent Examiner’s Report to Trustees of Rainbow Rehoming Centre

I report on the accounts of the company for the year ended 31 August 2024 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 2024_________

  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 May 2025

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 2024_________

Statement of Financial Activities for the year ended 31 August 2024

Unrestricted Restricted 2024 2023
Funds funds Total Total
Notes Funds Funds
£ £ £ £
Income and endowments
Donations and legacies
- Grants 5 0 20,000
- Gifts and donations 6 121,506 121,506 101,942
Charitable activities 7 41,932 41,932 36,353
Other trading activities 8 3,020 3,020 3,010
Investments 4,243 4,243 1,516
Other 9 13,595 13,595 11,196
_ _ _ _
Total income and endowments 180,053 4,243 184,296 174,017
_ _ _ _
Expenditure
Raising funds 4,195 4,195 2,533
Charitable activities 10 179,031 179,031 144,299
Other 11 5,419 5,419 6,190
_ _ _ _
Total resources expended 188,645 0 188,645 164,788
_ _ _ _
Net incoming/(outgoing) (8,592) 4,243 (4,349) 20,995
resources
Reconciliation of Funds
Total funds brought forward 57,546 261,087 318,633 297,638
_ _ _ _
Total Funds Carried Forward 48,954 265,330 314,284 318,633
_ _ _ _

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 2024_________

Balance Sheet at 31 August 2024

2024 2023
£ £
Notes
Fixed Assets
Tangible assets 12 3,640 5,400
Current Assets
Gift Aid 13,427 11,196
Cash at bank and in hand 298,887 303,597
______ ______
312,304 314,793
Creditors: amounts falling due
within one year 13 (1,660) (1,560)
_ _
Net current assets 310,644 313,233
_ _
Total assets less current liabilities 314,284 297,638
_ _
Funds of the charity
Unrestricted funds 48,954 57,546
Restricted funds 265,330 261,087
_ _
Total charity funds 14 314,284 318,633
_ _

For the year ended 31 August 2024 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 May 2025 and were signed on its behalf by:

Anna Hyndman

Barbara Lowry 20 May 2025 (Chairperson)

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

Notes to the Financial Statements Year Ended 31 August 2024

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 2024_________

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 2024_________

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		 2024
£
-
-
-
2024
£
121,506
-
______
121,506
2024
£
12,820
15,295
0
1,360
1,057
125
0
0
0
7,483
2,780
89
923
0
______
41,932
2024
£
0
3,020
_____
3,020		 2024
£
-
-
-
2024
£
121,506
-
______
121,506
2024
£
12,820
15,295
0
1,360
1,057
125
0
0
0
7,483
2,780
89
923
0
______
41,932
2024
£
0
3,020
_____
3,020		 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




_

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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

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		 2024
£
13,595
______
13,595
2024
£
4,611
65,971
51,065
37,946
6,450
1,168
1,973
2,760
1,794
346
674
1,864
2,409
_

179,031
2024
£
1,660
54
825
313
807
1,760
_____
5,419		 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
2023
£
1,560
150
1,453
326
631
2,070
_____
6,190


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Rainbow Rehoming Centre Financial Statements For Year Ended 31 August 2024_________

12.Tangible Assets
Motor
Vehicles
£
Equipment &
Fittings
£
Cost
At 1 September 2023
15,840
19,372
Additions
0
0
______
______
At 31 August 2024
15,840
19,372
Depreciation
At 1 September 2023
12,078
17,734
Charge for year
940
820
_____
______
At 31 August 2024
13,018
18,554
Net Book Value
At 31 August 2024
2,822
818
At 1 September 2023
3,762
1,638
13.
Creditors: amounts falling due within one year
2024
£
Accruals
1,660
_____
1,660
14.
Total charity funds
2024
£
Unrestricted funds
48,954
Restricted funds
265,330
_

314,284		 Total
£
35,212
0
______
35,212
29,812
1,760
______
31,572
3,640
5,400
2023
£
1,560
_____
1,560
2023
£
57,546
261,087
_
318,633

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