IRIS Accounts Production v25.2.0.378 Other Company accounts True false Pounds 1.4.24 31.3.25 31.3.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true false true false true iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC261893 2024-03-31 SC261893 2025-03-31 SC261893 2024-04-01 2025-03-31 SC261893 2023-03-31 SC261893 2023-04-01 2024-03-31 SC261893 2024-03-31 SC261893 ns0:CharitableCompanyLimitedByGuarantee 2024-04-01 2025-03-31 SC261893 ns15:PoundSterling 2024-04-01 2025-03-31 SC261893 ns11:FRS102 2024-04-01 2025-03-31 SC261893 ns11:IndependentExaminationCharity 2024-04-01 2025-03-31 SC261893 ns11:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC261893 ns11:FullAccounts 2024-04-01 2025-03-31 SC261893 ns11:CharitiesSORP 2024-04-01 2025-03-31 SC261893 ns16:EnglandWales 2024-04-01 2025-03-31 SC261893 ns11:RegisteredOffice 2024-04-01 2025-03-31 SC261893 ns0:Trustee1 2024-04-01 2025-03-31 SC261893 ns0:Trustee2 2024-04-01 2025-03-31 SC261893 ns0:Trustee3 2024-04-01 2025-03-31 SC261893 ns0:Trustee4 2024-04-01 2025-03-31 SC261893 ns0:Trustee5 2024-04-01 2025-03-31 SC261893 ns0:Trustee6 2024-04-01 2025-03-31 SC261893 ns0:Trustee7 2024-04-01 2025-03-31 SC261893 ns0:Trustee8 2024-04-01 2025-03-31 SC261893 ns11:CompanySecretary1 2024-04-01 2025-03-31 SC261893 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 SC261893 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 SC261893 ns0:Activity8 2024-04-01 2025-03-31 SC261893 ns0:TotalUnrestrictedFunds ns0:Activity8 2024-04-01 2025-03-31 SC261893 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 SC261893 ns0:Activity8 2023-04-01 2024-03-31 SC261893 ns0:TotalUnrestrictedFunds 2024-03-31 SC261893 ns0:TotalRestrictedIncomeFunds 2024-03-31 SC261893 ns0:TotalUnrestrictedFunds 2025-03-31 SC261893 ns0:TotalRestrictedIncomeFunds 2025-03-31 SC261893 ns10:WithinOneYear 2025-03-31 SC261893 ns10:WithinOneYear 2024-03-31 SC261893 2 2024-04-01 2025-03-31 SC261893 3 2024-04-01 2025-03-31 SC261893 1 2024-04-01 2025-03-31 SC261893 1 2023-04-01 2024-03-31 SC261893 ns10:OwnedAssets 2024-04-01 2025-03-31 SC261893 ns10:OwnedAssets 2023-04-01 2024-03-31 SC261893 ns0:TotalUnrestrictedFunds 2023-04-01 2024-03-31 SC261893 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 SC261893 ns0:TotalUnrestrictedFunds ns0:Activity8 2023-04-01 2024-03-31 SC261893 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 SC261893 ns10:FurnitureFittings 2024-03-31 SC261893 ns10:MotorVehicles 2024-03-31 SC261893 ns10:FurnitureFittings 2024-04-01 2025-03-31 SC261893 ns10:MotorVehicles 2024-04-01 2025-03-31 SC261893 ns10:FurnitureFittings 2025-03-31 SC261893 ns10:MotorVehicles 2025-03-31 SC261893 ns10:FurnitureFittings 2024-03-31 SC261893 ns10:MotorVehicles 2024-03-31

REGISTERED COMPANY NUMBER: SC261893 (Scotland)

REGISTERED CHARITY NUMBER: SC027182

RAINBOW FRIENDSHIP CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

RAINBOW FRIENDSHIP CENTRE LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

| Page |

Report of the Trustees | 1 |  | to |  | 2

Independent Examiner's Report | 3 |

Statement of Financial Activities | 4 |

Balance Sheet | 5 |  | to |  | 6

Notes to the Financial Statements | 7 |  | to |  | 15

RAINBOW FRIENDSHIP CENTRE LIMITED (REGISTERED NUMBER: SC261893)

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

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 31 March 2025. 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

Rainbow Friendship Centre Limited was established in 1990 to provide physical and social recreational activities to disadvantaged people of 50 years of age and over from the Carnwadric and Newlands/Auldburn communities of Glasgow. We provide social care and stimulation through our Day Centre to members 3 days per week for 50 weeks of the year. We ensure that our service is fully accessible by operating from ground level accommodation and by providing customised transport to and from the centre. Since our inception we have delivered our service to over 825 service users, their families and carers. The centre offers a homely atmosphere with space to relax, join in activities, access nutritious food and enjoy the company of others, all focused around a personal programme of care.

Key Strategic Objectives

The organisation has four key objectives which are:

To provide an accessible and sustainable high quality care facility, which bridges the gap between home support and institutional care.

To develop effective links with statutory and voluntary sectors to ensure the delivery of appropriate care services for the vulnerable and disabled to combat isolation and prevent institutionalisation.

To improve the conditions of the lives of older people and reduce social isolation, whilst providing support and relief to the families and carers of elderly people.

To promote the welfare of the frail, elderly people from South West Glasgow and assist in the relief of poverty, sickness and distress affecting them.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The Rainbow Friendship Centre Limited has continued to provide a good range of activities to vulnerable, older members of our community during the last year. The cost of living crisis continues to be felt by many and so having somewhere warm to go with a range of activities and a hot meal helps to reduce this burden and reduce the risks associated with isolation and loneliness. The centre has enjoyed a partnership with a local nursery helping to provide intergenerational activities for our members and has a strong relationship with the WIN project which sees joint activities throughout the year. Our members enjoy days out, as well as regular lunch and entertainment sessions with Julie at the Capelrig, which are always a big hit.

All of the work of the Rainbow Friendship Centre focuses on improving the lives of our members and our staff team works hard to bring smiles to their faces. We are grateful to our small staff team, led by Ann and to all those who support us in many ways, as without them, we would be unable to operate.

FINANCIAL REVIEW

Financial review

The Statement of Financial Activities shows a deficit of £355 (2024 - £18,397).

Reserves policy

The level of reserves held at 31 March 2025 amounted to £87,381 (2024 - £87,736). The trustees believe that this level of reserves provides an acceptable capital base from which the charity can operate.

FUTURE PLANS

At the present time, the future plans of the Rainbow Friendship Centre are limited. Our Manager and Board of Trustees have been reviewing our funding sources as the funding market has become very challenging. Our first priority will be to secure funding for the centre and the outcome of that work will inform our future plans.

RAINBOW FRIENDSHIP CENTRE LIMITED (REGISTERED NUMBER: SC261893)

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Rainbow Friendship Centre Limited is a company limited by guarantee and is a recognised Scottish charity. It is governed by and in accordance with its memorandum and articles of association. The company was incorporated on 14 January 2004.

Organisational structure

The Rainbow Friendship Centre Limited is a registered charity which has been in operation since 1990 and became a company limited by guarantee in 2004. It serves a catchment area within the south west of Glasgow to provide support and activities for vulnerable, frail and elderly people in the day centre.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC261893 (Scotland)

Registered Charity number

SC027182

Registered office

556 Boydstone Road

Carnwadric

Glasgow

G46 8HP

Trustees

G S Bainbridge

E Boyle

M M Cowans

J Gemmell

D J Hill

E I C Mackenzie

V N Clayton (resigned 2/10/2024)

C McGarvey (appointed 18/4/2025)

Company Secretary

D J Hill

Independent Examiner

Armstrong Watson LLP

Caledonia House

89 Seaward Street

Glasgow

G41 1HJ

Approved by order of the Board of Trustees on 29 September 2025 and signed on its behalf by:

G S Bainbridge - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

RAINBOW FRIENDSHIP CENTRE LIMITED

I report on the accounts for the year ended 31 March 2025 set out on pages four to fifteen.

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) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 the independent examiner's report

My examination was 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 seeking explanations from you as 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 view given by the accounts.

Independent examiner's statement

In connection with 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

- | to prepare accounts which accord with the accounting records and to comply with Regulation 8 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.

Gavin Curr FCCA

The Association of Chartered Certified Accountants

Armstrong Watson LLP

Caledonia House

89 Seaward Street

Glasgow

G41 1HJ

29 September 2025

RAINBOW FRIENDSHIP CENTRE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2025

| 2025 |  | 2024

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | funds |  | funds |  | funds

| Notes | £ | £ | £ | £ |

INCOME FROM

Donations and legacies | 2 | 493 |  | - |  | 493 |  | 1,360 |

Charitable activities | 5

Charitable activities | 3 |  | 88,537 |  | 88,540 |  | 65,546 |

Other trading activities | 3 | 30,314 |  | - |  | 30,314 |  | 27,963 |

Investment income | 4 | 681 |  | - |  | 681 |  | 2,488 |

Total | 31,491 |  | 88,537 |  | 120,028 |  | 97,357 |

EXPENDITURE ON

Direct charitable costs | 6

Charitable activities | 51,822 |  | 68,561 |  | 120,383 |  | 115,754 |

NET INCOME/(EXPENDITURE) | (20,331 | ) | 19,976 |  | (355 | ) | (18,397 | )

RECONCILIATION OF FUNDS

Total funds brought forward | 73,362 |  | 14,374 |  | 87,736 |  | 106,133 |

TOTAL FUNDS CARRIED FORWARD | 53,031 |  | 34,350 |  | 87,381 |  | 87,736 |

CONTINUING OPERATIONS

The statement of Financial Activities includes all gains and losses recognised in the year.

All income and expenditure has arisen from continuing activities.

RAINBOW FRIENDSHIP CENTRE LIMITED (REGISTERED NUMBER: SC261893)

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS |

Tangible assets | 11 | 2,010 |  | 2,365 |

CURRENT ASSETS |

Debtors | 12 | 901 |  | 1,092 |

Cash at bank and in hand | 86,384 |  | 85,797 |

87,285 |  | 86,889 |

CREDITORS |

Amounts falling due within one year | 13 | (1,914 | ) | (1,518 | )

NET CURRENT ASSETS | 85,371 |  | 85,371 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 87,381 |  | 87,736 |

NET ASSETS | 87,381 |  | 87,736 |

FUNDS | 15

Unrestricted funds | 53,031 |  | 73,362 |

Restricted funds | 34,350 |  | 14,374 |

TOTAL FUNDS | 87,381 |  | 87,736 |

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

RAINBOW FRIENDSHIP CENTRE LIMITED (REGISTERED NUMBER: SC261893)

BALANCE SHEET - continued

31 MARCH 2025

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 29 September 2025 and were signed on its behalf by:

G S Bainbridge - Trustee

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

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.

| Assets and liabilities are initially recognised at historical cost or transaction value otherwise stated in the relevant accounting policy notes.

| The financial statements are presented in Sterling (£).

| Going concern

| The financial statements have been prepared on a going concern basis, which the trustees believe to be appropriate for the reasons set out in the Trustees' Report.

| Financial reporting standard 102 - reduced disclosure exemptions

| The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

| • | the requirements of Section 7 Statement of Cash Flows.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.

| Debt instruments like other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

| Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.

| Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

| Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

| Income

| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably.

| Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

1. | ACCOUNTING POLICIES - continued

| Income

| Other revenue streams are recognised when there is an understanding of the terms to both parties and the charity has invoiced the appropriate entity. In the event that a service is subject to conditions that require a level of performance before the charity is entitled to funds, the income is deferred and not recognised until either those conditions are fully met or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

| 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.

| Charitable activities

| Costs of charitable activities are incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities, events and non-charitable trading.

| Allocation and apportionment of costs

| Where possible expenditure is allocated directly to an activity. Items of expenditure which contribute to more than one activity are apportioned on a reasonable, justifiable and consistent basis.

| Support costs which are not attributable to a single activity but rather provide the organisational infrastructure that enables output producing activities to take place are allocated on the same basis as expenditure incurred directly in undertaking an activity.

| Tangible fixed assets

| Depreciation is provided at the following rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Fixtures and fittings |  | - 15% on reducing balance |  |

| Motor vehicles |  | - 25% on cost |  |

| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

| Impairment of non-financial assets

| At each reporting date non-financial assets not carried at fair value, like plant and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of value in use and the fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.

| Taxation

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

| 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.

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

1. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

| Judgements

| The company considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements. The Trustees consider there are no such significant judgements.

| Provisions

| Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

2. | DONATIONS AND LEGACIES

| 2025 |  | 2024

£ | £ |

| Donations | 493 |  | 1,360 |  |

3. | OTHER TRADING ACTIVITIES

| 2025 |  | 2024

£ | £ |

| Membership fees | 27,956 |  | 26,930 |  |

| Lottery bus and bingo | 2,358 |  | 1,033 |  |

30,314 |  | 27,963 |  |

4. | INVESTMENT INCOME

| 2025 |  | 2024

£ | £ |

| Deposit account interest | 681 |  | 2,488 |  |

5. | INCOME FROM CHARITABLE ACTIVITIES

| 2025 |  | 2024

| Activity | £ | £ |

| Grants | Charitable activities | 88,540 |  | 65,546 |  |

| Grants received, included in the above, are as follows:

| 2025 |  | 2024

£ | £ |

| GCC Grant Fund | 44,403 |  | 44,903 |  |

| Age Scotland | 800 |  | - |  |

| Hugh Fraser Foundation | 4,000 |  | 8,000 |  |

| The James T Howatt Charitable | - |  | 500 |  |

| J & JR Wilson Trust | - |  | 1,000 |  |

| Glasgow Food Grant | 302 |  | 315 |  |

| Government Fuel Subsidy | 1,496 |  | 927 |  |

| Carried forward | 51,001 |  | 55,645 |  |

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | INCOME FROM CHARITABLE ACTIVITIES - continued

| 2025 |  | 2024

£ | £ |

| Brought forward | 51,001 |  | 55,645 |  |

| Bank of Scotland Foundation | 20,000 |  | - |  |

| Glasgow Wellbeing Fund | 10,000 |  | 9,900 |  |

| People's Postcode Trust | 5,899 |  | - |  |

| Mary Andrews Charitable Trust | 1,000 |  | - |  |

| ASDA Foundation | 400 |  | - |  |

| McCarthy & Stone | 240 |  | - |  |

88,540 |  | 65,545 |  |

6. | CHARITABLE ACTIVITIES COSTS

| Direct | Support |

| Costs | costs | Totals

£ | £ | £ |

| Charitable activities | 115,075 |  | 5,308 |  | 120,383 |  |

7. | NET INCOME/(EXPENDITURE)

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

| 2025 |  | 2024

£ | £ |

| Independent examiners fee | 2,136 |  | 1,936 |  |

| Depreciation - owned assets | 355 |  | 417 |  |

8. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

| Trustees' expenses

| There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

9. | STAFF COSTS

| 2025 |  | 2024

£ | £ |

| Wages and salaries | 93,560 |  | 90,059 |  |

| Other pension costs | 524 |  | 296 |  |

94,084 |  | 90,355 |  |

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

| 2025 |  | 2024

| Support staff | 7 |  | 10 |  |

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

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

10. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted |  | Restricted |  | Total

| fund |  | funds |  | funds

£ | £ | £ |

| INCOME FROM

| Donations and legacies | 1,360 |  | - |  | 1,360 |

| Charitable activities

| Charitable activities | - |  | 65,546 |  | 65,546 |

| Other trading activities | 27,963 |  | - |  | 27,963 |

| Investment income | 2,488 |  | - |  | 2,488 |

| Total | 31,811 |  | 65,546 |  | 97,357 |

| EXPENDITURE ON

| Direct charitable costs

| Charitable activities | 44,730 |  | 71,024 |  | 115,754 |

| NET INCOME/(EXPENDITURE) | (12,919 | ) | (5,478 | ) | (18,397 | )

| RECONCILIATION OF FUNDS

| Total funds brought forward | 86,281 |  | 19,852 |  | 106,133 |

| TOTAL FUNDS CARRIED FORWARD | 73,362 |  | 14,374 |  | 87,736 |

11. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 and 31 March 2025 | 14,325 |  | 16,320 |  | 30,645 |  |

| DEPRECIATION

| At 1 April 2024 | 11,960 |  | 16,320 |  | 28,280 |  |

| Charge for year | 355 |  | - |  | 355 |  |

| At 31 March 2025 | 12,315 |  | 16,320 |  | 28,635 |  |

| NET BOOK VALUE

| At 31 March 2025 | 2,010 |  | - |  | 2,010 |  |

| At 31 March 2024 | 2,365 |  | - |  | 2,365 |  |

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

12. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Other debtors | 901 |  | 1,092 |  |

13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Accruals and deferred income | 1,914 |  | 1,518 |  |

14. | ANALYSIS OF NET ASSETS BETWEEN FUNDS

2025 | 2024 |

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | funds |  | funds |  | funds

£ | £ | £ | £ |

| Fixed assets | 2,010 |  | - |  | 2,010 |  | 2,365 |  |

| Current assets | 52,935 |  | 34,350 |  | 87,285 |  | 86,889 |  |

| Current liabilities | (1,914 | ) | - |  | (1,914 | ) | (1,518 | ) |

53,031 |  | 34,350 |  | 87,381 |  | 87,736 |  |

15. | MOVEMENT IN FUNDS

| Net |  |

| movement |  | At |

| At 1/4/24 |  | in funds |  | 31/3/25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 73,362 |  | (20,331 | ) | 53,031 |  |

| Restricted funds

| Charles Hayward Foundation | 474 |  | (474 | ) | - |  |

| Hugh Fraser Foundation | 4,000 |  | - |  | 4,000 |  |

| Asda Foundation | - |  | 350 |  | 350 |  |

| Glasgow Wellbeing Fund | 9,900 |  | 100 |  | 10,000 |  |

| Bank of Scotland Foundation | - |  | 20,000 |  | 20,000 |  |

14,374 |  | 19,976 |  | 34,350 |  |

| TOTAL FUNDS | 87,736 |  | (355 | ) | 87,381 |  |

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

15. | MOVEMENT IN FUNDS - continued

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 31,491 |  | (51,822 | ) | (20,331 | ) |

| Restricted funds

| GCC Grant Fund | 44,403 |  | (44,403 | ) | - |  |

| Age Scotland | 800 |  | (800 | ) | - |  |

| Charles Hayward Foundation | - |  | (474 | ) | (474 | ) |

| Glasgow Food Grant | 302 |  | (302 | ) | - |  |

| Government Fuel Subsidy | 1,493 |  | (1,493 | ) | - |  |

| Hugh Fraser Foundation | 4,000 |  | (4,000 | ) | - |  |

| People's Postcode Trust | 5,899 |  | (5,899 | ) | - |  |

| Mary Andrews Charitable Trust | 1,000 |  | (1,000 | ) | - |  |

| Asda Foundation | 400 |  | (50 | ) | 350 |  |

| McCarthy & Stone | 240 |  | (240 | ) | - |  |

| Glasgow Wellbeing Fund | 10,000 |  | (9,900 | ) | 100 |  |

| Bank of Scotland Foundation | 20,000 |  | - |  | 20,000 |  |

88,537 |  | (68,561 | ) | 19,976 |  |

| TOTAL FUNDS | 120,028 |  | (120,383 | ) | (355 | ) |

| Comparatives for movement in funds

| Net |  |

| movement |  | At |

| At 1/4/23 |  | in funds |  | 31/3/24 |

£ | £ | £ |

| Unrestricted funds

| General fund | 86,281 |  | (12,919 | ) | 73,362 |  |

| Restricted funds

| Age Scotland | 1,000 |  | (1,000 | ) | - |  |

| Charles Hayward Foundation | 4,000 |  | (3,526 | ) | 474 |  |

| Stafford Trust | 5,000 |  | (5,000 | ) | - |  |

| Hugh Fraser Foundation | - |  | 4,000 |  | 4,000 |  |

| Glasgow Wellbeing Fund | 9,852 |  | 48 |  | 9,900 |  |

19,852 |  | (5,478 | ) | 14,374 |  |

| TOTAL FUNDS | 106,133 |  | (18,397 | ) | 87,736 |  |

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

15. | MOVEMENT IN FUNDS - continued

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 31,811 |  | (44,730 | ) | (12,919 | ) |

| Restricted funds

| GCC Grant Fund | 500 |  | (500 | ) | - |  |

| Age Scotland | - |  | (1,000 | ) | (1,000 | ) |

| Charles Hayward Foundation | 1 |  | (3,527 | ) | (3,526 | ) |

| Stafford Trust | - |  | (5,000 | ) | (5,000 | ) |

| Glasgow Food Grant | 315 |  | (315 | ) | - |  |

| Government Fuel Subsidy | 927 |  | (927 | ) | - |  |

| J & JR Wilson Trust | 1,000 |  | (1,000 | ) | - |  |

| Glasgow Community Fund | 44,403 |  | (44,403 | ) | - |  |

| Hugh Fraser Foundation | 8,000 |  | (4,000 | ) | 4,000 |  |

| The James T Howatt Charitable Trust | 500 |  | (500 | ) | - |  |

| Glasgow Wellbeing Fund | 9,900 |  | (9,852 | ) | 48 |  |

65,546 |  | (71,024 | ) | (5,478 | ) |

| TOTAL FUNDS | 97,357 |  | (115,754 | ) | (18,397 | ) |

| Glasgow Wellbeing Fund/GCVS Mental Heath and Community Fund

| A grant received for a care officer's salary.

| Age Scotland

| A grant received for food and entertainment.

| Glasgow Community Fund/GCC Grant Fund

| A grant received for wages for the Centre..

| Hugh Fraser Foundation

| A grant received for a care officer's salary.

| Charles Hayward Foundation

| A grant received towards activities and events.

| Glasgow Food Grant

| A grant received for the purchasing of food for the Centre.

| Government Fuel Subsidy

| A grant received toward the fuel for the Centre.

| People's Postcode Trust

| A grant received for wages for the Centre.

| Mary Andrews Charitable Trust

| A grant received for wages for the Centre.

| ASDA Foundation

| A grant received for the Centre's New Year's Party.

| McCarthy & Stone

RAINBOW FRIENDSHIP CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

15. | MOVEMENT IN FUNDS - continued

| A grant received towards entertainment and events.

| Bank of Scotland Foundation

| A grant received for the salary of the Centre's manager.

16. | RELATED PARTY DISCLOSURES

| There were no related party transactions for the year ended 31 March 2025.