Charity Accounts Intelreading the accounts so you don’t have to

THE RAINBOW FOUNDATION, WREXHAM

Registered charity 1199932 · accounts filings on the Charity Commission register

Get email alerts for this charity

Latest income
£2.0m
Latest spending
£1.5m
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net income of £509,966 for the year ended 31 March 2025, with total unrestricted free reserves of £306,430. The trustees report that these reserves are maintained at just over three months of expenditure, which is in line with the charity's stated policy target of three to six months. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“In the year ended 31 March 2025 the CEO received remuneration in the £60,001 to £70,000 which included employer pension contributions of £1,321.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three to six months of expenditure (held: £306k)
“It is the charity’s policy to maintain unrestricted funds, not designated for specific purposes, at a level equivalent to three to six months of expenditure.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by UHY Hacker Young. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — The Rainbow Foundation (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.0m
Total spending
£1.5m
Cost of raising funds
£446
Reserves (reported)
£306k
Employees
53

Reported reserves equal ~2.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Wrexham

Income and spending

Financial year endIncomeSpending
31/03/2025£2.0m£1.5m
31/10/2023£0£0

Common questions

Is THE RAINBOW FOUNDATION, WREXHAM financially healthy?

The accounts state that the charity generated a net income of £509,966 for the year ended 31 March 2025, with total unrestricted free reserves of £306,430. The trustees report that these reserves are maintained at just over three months of expenditure, which is in line with the charity's stated policy target of three to six months. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by UHY Hacker Young.

What does the highest-paid employee of THE RAINBOW FOUNDATION, WREXHAM earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund12/08/2025£153k"Polish Heritage Penley: “Polska Penley, Preserving a Legacy" Honouring, celebrating and preserving Polish heritage through an oral histories project in North Wales."