THE RAINBOW FOUNDATION, WREXHAM
The Rainbow Foundation is an active ageing charity working to improve the physical and mental health and wellbeing of our communities through a range of interventions and services which; promote independence, participation and self-care, address the determinants of active ageing, promote better health and wellbeing, reduce fraility, loneliness and isolation, and provide services closer to home.
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
“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
“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
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2023) to "within" (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (16/01/2025)
Trustees
- Brian Paul Whittaker
- Caroline Elizabeth Tudor-James
- Elizabeth Carnie
- Geoffrey Charles Mason
- Joanne Kember
- John Bernard McCusker
- Rona Williams
- Toni Slater
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £1.5m |
| 31/10/2023 | £0 | £0 |
Common questions
Is THE RAINBOW FOUNDATION, WREXHAM financially healthy?
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. 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 12/08/2025 | £153k | "Polish Heritage Penley: “Polska Penley, Preserving a Legacy" Honouring, celebrating and preserving Polish heritage through an oral histories project in North Wales." |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE ACCESS TO JUSTICE FOUNDATION | 1 | £150k |
| JUSTICE COLLABORATIONS | 1 | £150k |
| TRUST FOR LONDON | 1 | £133k |
| JOHN ELLERMAN FOUNDATION | 1 | £90k |
| THE A B CHARITABLE TRUST | 1 | £66k |
| YOUNG MANCHESTER | 1 | £61k |
| THE BARROW CADBURY TRUST | 1 | £50k |
Charities like this
- RAINBOW SURPRISE CIO
- RAINBOW LIVING SW
- RAINBOW COMMUNITY NURSERY
- Rainbow Hub NW Ltd
- RAINBOW MIGRATION
- THE RHONDDA NETBALL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RAINBOW FOUNDATION, WREXHAM | £2.0m | £60,001 - £70,000 | — | within | — | no doubt |
| RAINBOW SURPRISE CIO | £322k | — | 0 | above | — | no doubt |
| RAINBOW LIVING SW | £313k | — | 0 | unclear | — | no doubt |
| RAINBOW COMMUNITY NURSERY | £807k | — | 0 | below | — | no doubt |
| Rainbow Hub NW Ltd | £1.4m | — | — | within | — | no doubt |
| RAINBOW MIGRATION | £1.1m | — | 1 | above | — | no doubt |