||||Page| |---|---|---|---| |Report ofthe Trustees|(incorporating|the Report|| |cfthe Directors)|||| |Report ofthe Independent
Examiner|||| |Statement cf Financial|Activities||| |Balance Sheet|||| |Statement
ofCash Flows|||| |Notes tothe Financial|Statements||to| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The objects|The objects|ofthe charity are:|||| |---|---|---|---|---|---| ||(1)|to work towards the elimination
ofracial discrimination;|||| ||(2)
(3)|to promote equality ofopportunity
and good relations
between persons ofdifferent racial groups without distinction
ofgender, age, marital status, sexual orientation,
disability,
religion and/or
belief;
to advance education
and relieve poverty amongst
immigrants
and refugees
particularly
by the provision
of legal and|||| |||other advice.|||| |As its mission, The Race Equality Centre actively promotes, seeks and implements
a racially just, fair and equitable
society, which|||||| |will enhance||the quality of life for all ciTizens of Leicester &Leicestershire.
The service that we offer to fulfil this mission:|||| |||Community
Development|||| |||Public Education|||| |||Policy Development|||| ||iv.|Advice, Support and Representation|||| |The major areas ofactivity are:|||||| |||Towork with our local councils to tackle racial discrimination
and disadvantage|and promote equality of opportunity;||| |||To work with the 'public sector' to make
full use ofthe positive duty under the|Equality Act 2010;||| |||Towork with the local private sector organisations
through
a balance ofadvocacy,
law enforcement||and|the| |||promotion
ofthe business case for racial equality;|||| ||iv.
v.|Toseek to change public attitudes
in order to make racial discrimination
socially unacceptable;
To ensure that our work is well informed
by close contact with local racial minority communities
and to assist in|||| |||building
their capacity to tackle racial discrimination
and disadvantage;|||| ||vi.|To monitor/evaluate
the impact of public bodies on racial minority
communities.|||| |Fundamental||to that work is the need to operate at a strategic
level with the recognition
that|focused involvement|in targeted areas|| |assists|with|the development
of improved
practices. To achieve
this TREC has embarked|on a number
of programmes,
which||| |have given rise to both project based work and strategic intervention
with public bodies and the voluntary
sector. The areas ofwork|||||| |include:|||||| |||Generic race equalily
development|||| |||Integration,
resettlement
and support for refugees
and new arrivals|||| |||Multi-faceted
race equality
intervention
through
partnership
arrangements|||| ||iv.|Racial harassment
and race discrimination
monitoring
and intervention|||| ||v.|Policy development,
including
use of primary research|||| ||vL|Public education
and raising awareness,
including
participation
in conferences,|and delivery of training||| |The Charity||is reliant
upon volunteers
to operate on a day to day basis. The trustees
would|like to express their thanks||to all of the| |individuals
who have given their fime during the year.|||||| ## ## ## ## ## ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||funds|funds|funds|funds| |||Notes|6|5|5|| |Income and endowments|from:|||||| |Donations
and legacies|||5,625||6,165|5,666| |Charitable
activities|||61,096|346,767|407,863|531,070| |Total income||2|66,721|347,307|414,028|536,736| |Expenditure
on:
Charitable
activities||3|14,882|289.555|304,437|331,431| |Total expenditure|||14,882|289,555|304,437|331,431| |Net income|||51,839|57,752|109,591|205,305| |Transfers
between funds||13|18,650|(18,650)||| |Net movement
in funds|||70,489|39,102|109,591|205,305| |Reconciliation offunds:||||||| |Total funds
brought
forward|||193,758|111,828|305,584|100,279| |Total funds carried forward|||264,245|150,930|415,175|305,584| ## ## ## ## ||||for the year ended 31Marc|h 2022||| |---|---|---|---|---|---|---| |||||Notes|2022|2021| ||||||Total|Total| ||||||funds|funds| |||||||6| |Cash flows from operating|activities|||16|74,307|177,734| |Nst cash (used in)/provided|by operating|activiTies||||| |Cash flows from Investing|activities|||||| |Purchase oftangible 5xed assets|||||(11290)|(16 399)| |Increase in cash and cash|equivalents|in the|year||63,017|161,335| |Cash and cash equivalents|at the beginning||ofthe year|17|328,615|167,280| |Cash and cash equivalents|at the end|ofthe|year|1|331.33|328,615| ## ## ## ## ## |2.INCOME AND|ENDO|WM|ENTS|||| |---|---|---|---|---|---|---| ||||||2022|2021| |Donations
and legacies|||||6|6| |Donations|||||6,165|5,666| |Other trading activities||||||| |Space hire and related charges||||||| |Charitable
Activities||||||| |Income from:||||||| |Grants|||||387,298|516,072| |Immigration
advice|work||||18,990|9,898| |Other consultancy|work||||1,575|5,100| ||||||82888|| |Grants received are as follows:||||||| ||||||6|5| |Big Lottery grants
Lloyds Bank Foundation||for|England|&Wales|287,512
30,000|242,483
77,597| |Power to Change|||||47,359|62,839| |Coronavirus
Job Retention|||Scheme||10,532|50,724| |Other grants|||||11,895|82,429| ||||||2II8|| |Investments||||||| |Bank interest||||||| |3. CHARITABLE|EXPENDITURE|||||| ||||||2022|2021| ||||||6|2| |Salaries, wages and related|||costs||232,179|217,413| |Consultants
and subcontract|||costs||4,761|16,147| |Other direct costs|||||10,933|56,960| |Supportcosts|||||56,564|40,911| ||||||304437|331,431| |4. SUPPORT COSTS||||||| ||||||2022|2021| |Salaries, wages and related
Premises costs|||costs||1,055
17,901|796
8,019| |Finance costs|||||2,637|2,590| |Administrative
costs|||||22,560|20,852| |Depreciation|||||10,638|8,654| |Governance|||||1,773|| ||||||8.888|| ## ## |2022f|2021
8| |---|---| |1,773|| |2022|2021| |6|| |16.638|8.664| ## ## ## ## |8. STAFF COSTS||||| |---|---|---|---|---| ||||2022|2021| |||||f| |Wages and salaries
Social security costs
Pension costs|||217,878
11,337
2,964|203,235
10,809
3,369| ||||232176|217413| |The average
monthly|number ofemployees|during the year was as follows:|2022|2021| |Race equality|officer| |---|---| |Management|and administration| |Project staff|| ## ## |9. TANGIBLE FIXEDASSE|T|S|||| |---|---|---|---|---|---| ||||||Plant snd| ||||||machinery| ||||||etcf| |COST|||||| |At 1 April 2021
Additions|||||$2,824
11,290| |At 31 March 2022|||||5
4| |DEPRECIATION|||||| |At 1 Apdil 2021
Charge for year|||||68.297
10,638| |At 31 March 2022|||||| |NET BOOK VALVE|||||| |At 31 March 2022|||||25.559| |At 31 March 2021|||||| |10. DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||| |||||2022|2021| |||||f.|f| |Trade debtors|||||| |Other debtors|||5,2$7||25,592| ||||5|2|2 592| |11. CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||| |||||2022|2021| |||||f|f| |Trade creditors|||||| |Taxation and social security|||3,878||991| |Other creditors|||3,055||72,159| ||||6|933|73,150| ## ## |Minimum
lease payments|under|no|n-cancellable|operating lea|ses expiring as follow|s:||| |---|---|---|---|---|---|---|---|---| ||||||||2022f|2021
f| |Within one year||||||||| |Between one and five years|||||||3,500|17,500| |||||||||0| |13. MOVEMENT
IN FUNDS||||||||| |||||||Net|Transfers|| |||||||movement|between|| ||||||At 01/04/21f|in fundsf|funds
f|At 31/03/22| |Unrestricted
funds||||||||| |General fund|||||193,756|51,839|18,850|264,245| |Restricted funds||||||||| |Clothworks|||||8,364|(2,100)||4,264| |PCC Fund|||||18,434|552||18,986| |Big Lottery - Galvanise|prolect||||31,429|56,610||88,039| |Big Lottery - LRSSproject|||||34,747|4,894||39,641| |Big Lottery - Covid 19|Fund||||12,122|(832)|(11,290)|| |Colour of Injustice|||||7,360||(7,360)|| |Lloyds Bank Foundation|||||1,372|(1,372)||| |Leicester and Rutland|Community||Foundation|||||| |PCC Covid Fund||||||||| |Power to Change||||||||| |Leicestershire
Cares||||||||| |NHS Step Up to Great
Total restricted funds|Mental|Health||||5 .ยป|~0)|150,930| |TOTALFUNDS|||||305,584|109,591||415,175| |Transfers
between
funds|relate to management|||costs included|in projects and purchases offixed assets.|||| |Net movement
in funds,|included|in|the above are as follows:|||||| |||||||Incoming|Resources|Movement| |||||||resources
f|expended
f|in funds| |Unrestricted
funds||||||||| |General fund||||||66,721|14,882|51,839| |Restricted funds||||||||| |Clothworks|||||||2,100|(2,100)| |PCC Fund||||||9,426|8,874|552| |Big Lottery - Galvanise|project|||||178,718|120,108|55,810| |Big Lottery - LRSSproject||||||110,794|105,900|4,894| |Big Lottery - Covid 19|Fund||||||832|(832)| |Colour of Injustice||||||||| |Lloyds Bank Foundation|||||||1,372|(1,372)| |Leicester and Rutland|Community||Foundation|||||| |PCC Covid Fund||||||||| |Power to Change||||||47,359|47,359|| |Leicestershire
Cares||||||540|540|| |NHS Step Up to Great|Mental|Health||||2,470|2,470|| |TOTALFUNDS||||||414,028|304,437|109,591| ## ## ## ## ## |16.RECONCILIATION|OF INCOME/(EXPENDITURE)|OF INCOME/(EXPENDITURE)|OF INCOME/(EXPENDITURE)|TO NET CASH FLOW FROM OPERATING ACTIVITIES|| |---|---|---|---|---|---| |||||2022|2021| ||||||L| |Net income/(expenditure)
for the reporting
per the statement
of financial activities)|||period|(as
109,591|205,305| |Adjustments
for:
Depreciation||||10,638|8,654| |(Increase)/Decrease|in debtors|||20,295|(19,528)| |Increase
in creditors||||(66,217)|(16,697)| |Net cash generated|from operating|activities||st|| |17.ANALYSIS OF CASH AND CASH||EQUIVALENTS|||| |Cash at bank||||389,479|325,061| |Cash
in hand||||2,153|3,554| ||||||286
5|