**Charity Number** **SC046288** ## **Rainbow Home Support** **Trustees' Report and Financial Statements For the Year Ended 30 June 2024** 1 of 10 **Rainbow Home Support Report and Accounts for the Year Ended 30 June 2024** ## **Contents** ||_Page_| |---|---| |Reference and Administration Details|3| |Trustees' Annual Report|4 - 6| |Independent Examiner's Report|7| |Receipts and Payments Account|8| |Statement of Balances|9| |Notes to the Accounts|10| 2 of 10 **Rainbow Home Support Report and Accounts for the Year Ended 30 June 2024** ## **Reference and Administration Details** |**Charity Name**|Rainbow Home Support|| |---|---|---| |**Charity Number**|SC046288|| |**Principal Address**|Clyde Offices|| ||2nd Floor|| ||48 West George Street|| ||Glasgow|| ||G2 1BP|| |**Trustees**||_(Appointed 20 Jan 2016)_| |**Bankers**|Santander|| ||Bridle Road|| ||Bootle|| ||G30 4GB|| |**Independent Examiner**||| ||Brett Nicholls Associates|| ||Herbert House|| ||24 Herbert Street|| ||Glasgow|| ||G20 6NB|| 3 of 10 **Rainbow Home Support Report and Accounts for the Year Ended 30 June 2024** ## **Trustees' Annual Report** The trustees present their report and annual accounts for the year ended 30 June 2024. **Structure, Governance and Management** _Governing Document_ The Charity is a Scottish Charitable Incorporated Organisation (SCIO) that is governed by its Charity Constitution. The charity was granted charitable status on the 25 January 2016. _Trustee Recruitment and appointment_ There are three trustees Chair, Treasurer and Secretary who come with a range of skills and knowledge to support the operation of the project. In the last year there have been no change to the trustees. The trustees have been unsuccessful in recruiting new trustees onto the board. We have made several enquiries for new trustees through word of mouth and spoke with other charity organisations. **Objectives and Activities** _Charitable purposes_ The relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage. _Main Activities_ • Provision of home support for disabled and/or elderly people within Glasgow and surrounding areas. • Provide Household/domestic tasks for disabled and/or elderly people within their home. • Accompany disabled and/or elderly people out in the community. • Improve the lives of disabled and/or elderly people to reduce isolation and loneliness through companionship. • Working in partnership with statutory and voluntary bodies to improve the lives of disabled and/or elderly people in our society and support them to live more independently within their home. • Support families and carers through the relief of stress and anxiety of supporting disabled and/or elderly people on a day-to-day basis. **Achievements and Performance** Managing a successful charity with the support of trustees and a team of 12 support workers who were committed to providing weekly support to 42 clients with various physically and/or mentally impaired conditions, to allow them to remain independent in their homes. * Relieving their loneliness, isolation and improving their mental health with one-to-one support, gave support workers a sense of achievement that they were making a difference to people's lives. * We continued to support clients who we previously supported at home prior to them moving to a care home and were able to provide similar social support. * Worked in partnership with 2 carers centres where we supported clients with a sitter service whilst the carer had respite from their caring duties. * Worked in partnership with Glasgow and East Renfrewshire social work to enhance the lives of individuals who required additional support to meet their daily needs. 4 of 10 **Rainbow Home Support Report and Accounts for the Year Ended 30 June 2024** ## **Trustees' Annual Report** ## **Achievements and Performance (Continued)** - We received referrals from voluntary and statutory agencies. - Staff updated their skills and developed new skills with relevant training to undertake their role as support worker. * Referred 16 carers to Alzheimer Scotland helpline and carers support groups. * After induction training staff became more confident using their initiative with skills and knowledge they learned. * Provided clients with a quality tailor made support service to meet their needs. Among the 42 clients we supported over the year, ages ranged from 68 to 92 years old. The reason they asked for support was due to physical, mental health or a health condition that prevented them to undertake tasks without support. The support was split between support with tasks at home and out in the community. Reasons varied from loneliness and isolation, loss of confidence - possibly after a fall or hospital stay, unsteady on their feet due to health conditions and/or have an aid which limits their mobility. The majority required car or taxi transport to go out into the community. We received a further 15 referrals and after initial phone call they declined to undertake the support - reasons due to cost, memory issues or mental health. The clients we supported stay within South West Glasgow and East Renfrewshire. We offered a range of support - with paperwork and phone calls, purchasing household items, housework tasks, shopping, attending community groups, going out socially for a cuppa or a walk and to social and medical appointments. Some clients had other support measures in place with family, health professionals, staying in a sheltered housing complex and care homes. The benefit to the clients is that they had reliable weekly/fortnightly support. This has made a difference in their lives both mentally and physically, especially for clients who had no family or whose family lived far away. Several clients had not been out for several months socially due to not having the support in place. Company played an important role for the majority of the clients as they had the opportunity to have regular chat and conversations with a support worker they had built up a relationship with, relieving loneliness and isolation. Support workers would support clients with the use of technology to speak to their loved ones who didn’t stay nearby with Whatsapp and Facetime. We would refer potential clients in need of financial assistance to Citizens Advice and benefit agencies, ensuring they received the support available to them while making the best use of these organisations' resources. We received referrals from community psychiatrist nurses (CPN), clinical support workers, social workers, community connectors or word of mouth. From the 42 clients, 11 of their siblings didn't stay close by, 5 had no family, 8 carers required respite to have time to themselves. For the 18 carers, this provided their families peace of mind that their loved ones were being supported as they had other family or work commitments. 5 of 10 **Rainbow Home Support** **Report and Accounts for the Year Ended 30 June 2024** ## **Trustees' Annual Report** ## **Financial Review** ## _Reserves Policy_ It is the policy of the charity to maintain unrestricted, free reserves at a level equivalent to three months running costs. Based on the year ended 30 June 2024, three months' ordinary expenditure amounts to £26,284 (2023: £26,171). At 30 June 2024, the charity held unrestricted reserves of £33,099 (2023: £37,948). The trustees are satisfied this policy is being met and funds held in excess of the target amount will be used to further develop the services and support its future. ## _Financial Review_ The charity incurred a net deficit of £4,849 (2023: deficit of £2,841) for the year ended 30 June 2024. Reserves stood at £33,099 as at 30 June 2024 (2023: £37,948) with all of these being unrestricted (2023: £37,948). The reasons for incurring a deficit on our finances are detailed below: *On the 1st April’24 there was a significant change to paying staff 5.6 weeks holiday pay depending on hours of work, for the last 3 months of the financial year. *Paid staff the national living wage which increased from April. *We increased client rates on 1st April; however we didn't see any benefit to our finances in the 3 months. *We paid a staff member 28 weeks SSP, the staff member did not to return due to being unfit for work. *Trustees are in discussion with the possibility of moving premises to see if we can make savings. In the opinion of the trusteesthere is one member of key management, the general manager. Total remuneration for this post in 2023-24 was £17,692 (2023: £18,703). ## _Challenges_ A Challenge for the charity is the unknown of when we receive new business, clients have gone on the waiting list whilst we recruit staff at short notice. Business was at times also reduced at short notice due to the age group we work with - clients went into hospital for many weeks after a fall or health issues, then often moved to a care home or passed away. After a challenging 6 months without an administrator, we finally appointed a financial administrator in April’23. This was followed by training and support within her role uring this financial year. This was a very difficult period for the project. The trustees declare that they have approved the report above. Signed on behalf of the charity's trustees: Date: 6 of 10 **Rainbow Home Support Report and Accounts for the Year Ended 30 June 2024** ## **Independent Examiner's Report** |**Report to the trustees/members of**|Rainbow Home Support| |---|---| |**Registered charity number**|SC046288| |**Accounts of the charity for the period**|1 July 2023 to 30 June 2024| |**Set out on pages**|8-10| ## **Respective responsibilities of trustees and examiner:** The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. ## **Basis of Independent Examiner's statement:** My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes 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 seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the accounts. ## **Independent Examiner's statement:** In the course of my examination, no matter has come to my attention: 1. Which gives me reasonable cause to believe that in any material respect the requirements to: - keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and - prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: Fellow of the Association of Chartered Certified Accountants Brett Nicholls Associates Herbert House, 24 Herbert Street, Glasgow, G20 6NB 7 of 10 **Rainbow Home Support Report and Accounts for the Year Ended 30 June 2024** ## **Receipts and Payments Account** |**Receipts**
_Notes_
Trading Income
3
Other Income
4
**Payments**
Trading Costs
5
**Net Receipts/-Payments**
_Funds Brought Forward_
**Funds Carried Forward**
7|**_2024_**
**_Total_**
**_£_**
100,286
-
100,286
105,135
**(4,849)**
37,948
**33,099**|**_2023_**
**_Total_**
**_£_**
101,566
275| |---|---|---| |||101,841| |||104,682| |||**(2,841)**| |||40,789| |||**37,948**| All income and expenditure during the current and prior year arose in the General fund which is unrestricted. The notes on page 10 form an integral part of these accounts. 8 of 10 2024 TL¥ful 1023 Toknl OpeDlngQ5handB3nk B?￿nCeS Surfs/-De/tdtfofthe a05￿E Cash and ￿￿k B￿L￿￿e5 379a8 148491 331)Y 40.789 I2￿1) 37948 5ened on behawofthe trustees.. Date.. 9of10 **Rainbow Home Support Report and Accounts for the Year Ended 30 June 2024** ## **Notes to the Accounts** ## **1. Basis of Preparation** These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **2. General Information** Rainbow Home Support ("the charity") is Scottish charitable incorporated organisation governed by its constitution dated 25 Janurary 2016. It was registered as a charity in Scotland (registered number SC046288) on 25 January 2016. Its registered address is Clyde Offices, 2nd Floor, 48 West George Street,Glasgow G2 1BP. |**3. Trading Income**
Support Services
**4. Other Income**
Goodwill payment
**5. Trading Costs**
Staff Wages
Employer NIC
Employer Pension Contribution
Office Costs
Insurance
Premises Costs
Travel Expenses
Consultancy
Payroll Fees
Accountancy
Training
Subscriptions|_2024_
_Total_
_£_
100,286
_2024_
_Total_
_£_
-
_2024_
_Total_
_£_
97,310
-
578
2,831
-
1,764
315
168
1,128
900
125
15
**105,135**|_2023_
_Total_
_£_
101,566| |---|---|---| |||_2023_
_Total_
_£_
275| |||_2023_
_Total_
_£_
88,344
1,457
1,311
2,943
387
3,953
3,437
2,850
-
-
-
-| |||**104,682**| ## **6. Related Party Transactions** One trustee, is also the general manager of the charity and received remuneration of £17,692 for this role (2023: £18,703). In addition, , was paid £363 for travel exenses incurred in furtherance of the charity's objectives (2023: £767). There were no other related party transactions for the year ended 30 June 2024 (2023: nil). |**7. Funds Analysis**
**General Funds**|_Opening_
_Closing_
_Balance_
_Balance_
_01-Jul-23_
_Receipts_
_Payments_
_Transfers_
_30-Jun-24_
37,948
100,286
105,135
-
33,099| |---|---| ## **Purposes of Funds** General Fund - there is only one fund, the general fund, which represents the charity's unrestricted reserves. 10 of 10