IRIS Accounts Production v23.3.1.45 Other Company accounts True false Pounds 1.3.22 28.2.23 28.2.23 FY Mrs Angela Patel Mr Robert Stanley Adams Mr Shadie Carrier Mr Anil Patel Carrier FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true true false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079603672022-02-28079603672023-02-28079603672022-03-012023-02-28079603672021-02-28079603672021-03-012022-02-28079603672022-02-2807960367ns11:Originalns0:CharitableCompanyLimitedByGuarantee2022-03-012023-02-2807960367ns11:Original2022-03-012023-02-2807960367ns15:PoundSterlingns11:Original2022-03-012023-02-2807960367ns11:Original2022-02-2807960367ns11:Original2023-02-2807960367ns11:Originalns0:Trustee12022-03-012023-02-2807960367ns11:Originalns0:Trustee22022-03-012023-02-2807960367ns11:Originalns0:Trustee32022-03-012023-02-2807960367ns11:Originalns0:Trustee42022-03-012023-02-2807960367ns11:Originalns11:FRS1022022-03-012023-02-2807960367ns11:IndependentExaminationCharityns11:Original2022-03-012023-02-2807960367ns11:Originalns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-03-012023-02-2807960367ns11:Originalns11:FullAccounts2022-03-012023-02-2807960367ns11:Originalns11:CharitiesSORP2022-03-012023-02-2807960367ns11:Originalns16:EnglandWales2022-03-012023-02-2807960367ns11:Originalns11:RegisteredOffice2022-03-012023-02-2807960367ns11:Original2021-03-012022-02-2807960367ns11:Originalns0:Activity92022-03-012023-02-2807960367ns11:Originalns0:Activity92021-03-012022-02-2807960367ns11:Original2021-02-2807960367ns11:Original2022-02-2807960367ns11:Originalns10:WithinOneYear2023-02-2807960367ns11:Originalns10:WithinOneYear2022-02-2807960367ns11:Originalns0:TotalUnrestrictedFunds2023-02-2807960367ns10:FurnitureFittingsToolsEquipmentns11:Original2022-03-012023-02-2807960367ns11:Originalns10:MotorVehicles2022-03-012023-02-2807960367ns11:Originalns10:ComputerEquipment2022-03-012023-02-2807960367ns11:Original22022-03-012023-02-2807960367ns11:Original12022-03-012023-02-2807960367ns11:Original12021-03-012022-02-2807960367ns11:Originalns10:OwnedAssets2022-03-012023-02-2807960367ns11:Originalns10:OwnedAssets2021-03-012022-02-2807960367ns11:Originalns10:FurnitureFittings2022-02-2807960367ns11:Originalns10:MotorVehicles2022-02-2807960367ns11:Originalns10:ComputerEquipment2022-02-2807960367ns11:Originalns10:FurnitureFittings2022-03-012023-02-2807960367ns11:Originalns10:FurnitureFittings2023-02-2807960367ns11:Originalns10:MotorVehicles2023-02-2807960367ns11:Originalns10:ComputerEquipment2023-02-2807960367ns11:Originalns10:FurnitureFittings2022-02-2807960367ns11:Originalns10:MotorVehicles2022-02-2807960367ns11:Originalns10:ComputerEquipment2022-02-28
REGISTERED COMPANY NUMBER: 07960367 (England and Wales)
REGISTERED CHARITY NUMBER: 1148172














Report of the Trustees and

Financial Statements for the Year Ended 28 February 2023

for

Rainbowdogrescue
(A Company Limited by Guarantee)

Rainbowdogrescue






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Report of the Trustees 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Balance Sheet 7 to 8

Notes to the Financial Statements 9 to 14

Rainbowdogrescue (Registered number: 07960367)

Report of the Trustees
for the Year Ended 28 February 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2023. The trustees have adopted the provisions of Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
To relieve the suffering and distress of animals who are in need of care and attention by reason of sickness or because they are strays or they have been abandoned, neglected or maltreated. In particular by the provision of a rescue service and re-homing service and foster homes for temporary accommodation of such animals. To educate members of the public on matters concerning animal welfare.

Public benefit
The paragraphs below set out our activities, achievements and performance during the year, which are directly related to the objects and purposes for which the charity exists. The charity achieves its principal objects and purposes through taking into its care dogs and other animals which are unwanted, lost or abandoned and then providing all necessary care until such time as an appropriate alternative home can be identified.

Volunteers
Each year, Rainbowdogrescue relies upon the help of willing volunteers. This is not valued in the financial statements. It is estimated that in the current year this would be equivalent to approximately 1,000 hours. If this was valued at the national minimum wage rate (which at the year end was of £9.50), the value of these services to Rainbowdogrescue would be in the region of £9,500.


Rainbowdogrescue (Registered number: 07960367)

Report of the Trustees
for the Year Ended 28 February 2023

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The purpose of the charity is to provide the provision of life time care to animals whether they have been retired, bequeathed or require long term foster care, the latter involving those animals with specific requirements relating to behavioural problems where kennelling is inappropriate. The charity also facilitates the rescue and rehoming of animals which have been received through being unwanted, abandoned, and ill-treated or through local authority stray dog contracts.

In all cases the charity operates to the highest level of animal welfare care, consistent with ever changing statutory requirements within the funding constraints typically experienced by small to medium sized animal charities.

Shop income has decreased slightly from last year. However the past two years of shop income are more than for any year pre the pandemic, so the amount for this year is considered to be satisfactory. Shop income is the charity's main source of income. Donations have remained similar to last year.

Therefore overall, the income of the charity has slightly fallen this year, which although disappointing is not surprising given the testing times that are being suffered at the moment sue to increases in the cost of living. However, the charity has achieved its objectives for the year and we are as always extremely grateful to those people that have made donations to the charity.

The support of our volunteers is a valuable resource. Their support ranges from animal care to fundraising and we are grateful for their support. We have continued to benefit from a good number of people volunteering. We are also able to continue to offer one of our long term volunteer 6 hours paid work in our charity shop.

Gifts in kind: We are grateful for the donations of animal food and other goods including animal beds, blankets and toys which we have received.

We intend to continue to build on the strong foundations we have made over the last few years, which unfortunately stalled last year due to the pandemic. We are now able to expand to enable us to take in dogs whose owners are too old or too ill to continue to care for them, which will ease the worry for them and their families.

This year we have been overwhelmed with requests for help from people who want to keep their pets but due to the currant climate can't afford it. We have now put on our website a form which people can fill in requesting our help.

FINANCIAL REVIEW
Financial position
The charity has continued its good work during the year and enjoyed another reasonable year financially despite rising costs. The total income for the year is £46,135 (2022 - £48,065). This includes donations of £15,561 (2022 - £15,638) and other trading activities of £30,574 (2022 - £32,427). Costs for the year are £47,810 (2022 - £44,150). Costs are tightly controlled by the charity. The deficit for the year was £1,675 (2022 surplus of £3,915) which has resulted in the accumulated reserves at the end of the year being £32,372 (2022 - £34,047), all of which are unrestricted reserves.

Principal funding sources
Rainbowdogrescue runs financially from income generated from shop sales, from fund raising activities and general donations.

Investment policy and objectives
Rainbowdogrescue currently has no investment policy, all monies received are held in the principal current account which is not interest bearing.

Reserves policy
Rainbowdogrescue currently has no reserves policy as largely income matches expenditure for most of the year.


Rainbowdogrescue (Registered number: 07960367)

Report of the Trustees
for the Year Ended 28 February 2023

FUTURE PLANS
Our aim for this year is to get more involved in helping homeless dogs, by donating dog food plus any veterinary treatment needed for them. Also we are taking on more fundraising to make people aware of our cause which will include trying to get more volunteers and fosterers to help us move forward with our cause. Due to the currant climate we are being asked to help dog owners cover the cost of their pet being in desperate need of veterinary care, this is something we hopefully will be able to help with.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees
New Trustees are appointed by the existing Trustees, in accordance with the governing document. Trustees are carefully selected for their experience and professional skills.

Key management remuneration
Mrs A Patel is the principal trustee and her remuneration is at a rate that is considered appropriate to her activities . No other trustees receive remuneration and give their time freely.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07960367 (England and Wales)

Registered Charity number
1148172

Registered office
30 Ash Green
Dudley
West Midlands
DY1 3QL

Trustees
Mrs Angela Patel Charity trustee
Mr Robert Stanley Adams Pastor
Mr Shadie Carrier Consultant
Mr Anil Patel Carrier Solicitor

Independent Examiner
Mr Andrew J Smith
Lewis Smith & Co.
Chartered Certified Accountants
The Old Doctor's House
74 Grange Road
Dudley
West Midlands
DY1 2AW

Approved by order of the board of trustees on 17 November 2023 and signed on its behalf by:





Rainbowdogrescue (Registered number: 07960367)

Report of the Trustees
for the Year Ended 28 February 2023


Mrs Angela Patel - Trustee

Independent Examiner's Report to the Trustees of
Rainbowdogrescue

Independent examiner's report to the trustees of Rainbowdogrescue ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors 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 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Mr Andrew J Smith

Lewis Smith & Co.
Chartered Certified Accountants
The Old Doctor's House
74 Grange Road
Dudley
West Midlands
DY1 2AW

17 November 2023

Rainbowdogrescue

Statement of Financial Activities
for the Year Ended 28 February 2023

28.2.23 28.2.22
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 15,561 15,638

Other trading activities 3 30,574 32,427
Total 46,135 48,065

EXPENDITURE ON
Charitable activities
Raising funds 32,471 31,937

Other 15,339 12,213
Total 47,810 44,150

NET INCOME/(EXPENDITURE) (1,675 ) 3,915


RECONCILIATION OF FUNDS
Total funds brought forward 34,047 30,132

TOTAL FUNDS CARRIED FORWARD 32,372 34,047

Rainbowdogrescue (Registered number: 07960367)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Unrestricted Total
fund funds
Notes £    £   
FIXED ASSETS
Tangible assets 8 2,805 3,448

CURRENT ASSETS
Debtors 9 1,715 1,652
Cash at bank and in hand 37,285 37,472
39,000 39,124

CREDITORS
Amounts falling due within one year 10 (9,433 ) (8,525 )

NET CURRENT ASSETS 29,567 30,599

TOTAL ASSETS LESS CURRENT
LIABILITIES

32,372

34,047

NET ASSETS 32,372 34,047
FUNDS 12
Unrestricted funds 32,372 34,047
TOTAL FUNDS 32,372 34,047

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


Rainbowdogrescue (Registered number: 07960367)

Balance Sheet - continued
28 February 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 17 November 2023 and were signed on its behalf by:





Mrs Angela Patel - Trustee

Rainbowdogrescue

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is the Pound Sterling (£) and the figures are rounded to the nearest round pound.

The financial statements have been prepared on a going concern basis.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grant Income
Government grants are recognised at the point that they are receivable and there is reasonable assurance that the company will comply with the conditions attached to them. They are valued at the consideration received or to be received.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Fixtures & equipment - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 15% on cost

Taxation
The charity is exempt from corporation tax on its charitable activities.

Debtors and creditors
Debtors and Creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


Rainbowdogrescue

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

1. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2. DONATIONS AND LEGACIES
28.2.23 28.2.22
£    £   
Donations 15,561 15,638

3. OTHER TRADING ACTIVITIES
28.2.23 28.2.22
£    £   
Fundraising events 619 519
Shop income 29,955 31,908
30,574 32,427

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

28.2.23 28.2.22
£    £   
Depreciation - owned assets 643 786
Other operating leases 7,800 6,768

5. TRUSTEES' REMUNERATION AND BENEFITS
28.2.23 28.2.22
£    £   
Trustees' salaries 12,000 12,000
Trustees' social security 138 436
12,138 12,436

Trustees' expenses

There were no trustees' expenses paid for the year ended 28 February 2023 nor for the year ended 28 February 2022.



Rainbowdogrescue

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. STAFF COSTS
28.2.23 28.2.22
£    £   
Wages and salaries 14,924 14,528
Social security costs 138 436
15,062 14,964

The average monthly number of employees during the year was as follows:

28.2.23 28.2.22
Trustee 1 1
Other 1 1
2 2

No employees received emoluments in excess of £60,000.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 15,638

Other trading activities 32,427
Total 48,065

EXPENDITURE ON
Charitable activities
Raising funds 31,937

Other 12,213
Total 44,150

NET INCOME 3,915


RECONCILIATION OF FUNDS
Total funds brought forward 30,132

TOTAL FUNDS CARRIED FORWARD 34,047

Rainbowdogrescue

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. TANGIBLE FIXED ASSETS
Fixtures Motor Computer
& equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 and 28 February 2023 6,440 2,350 996 9,786
DEPRECIATION
At 1 March 2022 2,992 2,350 996 6,338
Charge for year 643 - - 643
At 28 February 2023 3,635 2,350 996 6,981
NET BOOK VALUE
At 28 February 2023 2,805 - - 2,805
At 28 February 2022 3,448 - - 3,448

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 1,125 1,125
Prepayments 590 527
1,715 1,652

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Social security and other taxes - 448
Other creditors 8,239 6,943
Accruals and deferred income 1,194 1,134
9,433 8,525

11. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

28.2.23 28.2.22
£    £   
Within one year 7,200 7,200


Rainbowdogrescue

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

12. MOVEMENT IN FUNDS
Net
movement At
At 1.3.22 in funds 28.2.23
£    £    £   
Unrestricted funds
General fund 34,047 (1,675 ) 32,372

TOTAL FUNDS 34,047 (1,675 ) 32,372

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 46,135 (47,810 ) (1,675 )

TOTAL FUNDS 46,135 (47,810 ) (1,675 )


Comparatives for movement in funds

Net
movement At
At 1.3.21 in funds 28.2.22
£    £    £   
Unrestricted funds
General fund 30,132 3,915 34,047

TOTAL FUNDS 30,132 3,915 34,047

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 48,065 (44,150 ) 3,915

TOTAL FUNDS 48,065 (44,150 ) 3,915


Rainbowdogrescue

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

13. RELATED PARTY DISCLOSURES

As in previous years, some expenses relating to the charity were paid for personally by trustee Angela Patel. The value of these expenses are credited to a loan account in her name. The value of these expenses this year was £1,296 (2022 - £1,770) and the total amount owed to Angela at the year end was £8,241 (2022 - £6,944)