RAINBOW MISSION TRUST
The charity supports the work of the Gogo Trust in South Africa which cares for orphans and widows.The charity supports the work of Children Rescued in Burundi.The charity supports Christian work in several countries in Africa.The charity makes grants to individuals, especially to young people, with a heart to reach out to the poor and disadvantaged people of the world.
Financial health, per its FY2024 accounts
The accounts state that the charity held no cash at the end of the period, with all funds held in various savings and current accounts. The charity reported a net decrease in funds of £8,038 for the year, primarily driven by grants paid out exceeding donations received. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts.
What the accounts disclose
“The trust holds no cash. Immediate access funds are kept at CafBank Ltd in either a current account or a savings account. The trust holds savings within Virgin Charity Deposit Accounts. The trust also holds savings with Saffron Walden Building Society.” — page 4
Trustees
- Geoffrey McCullochchair
- ANN MARIE BRADLEY
- JUNE ANITA BARLING
- Joanna McCulloch
- PATRICK SEOW LEONG ONG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £54k | £62k |
| 31/12/2023 | £52k | £60k |
| 31/12/2022 | £54k | £67k |
| 31/12/2021 | £100k | £71k |
| 31/12/2020 | £62k | £56k |
Common questions
Is RAINBOW MISSION TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity held no cash at the end of the period, with all funds held in various savings and current accounts. The charity reported a net decrease in funds of £8,038 for the year, primarily driven by grants paid out exceeding donations received. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts. Its FY2024 accounts were independently examined.