2022-03-31-accounts

~pa e	Contents
1	Index
	Legal and Administrative	Detaiis
3 —14	Trustees Report
15	Independent Examiner's	Report
16	Statement of Financial Activities
17	Balance Sheet
18-25	Notes to Accounts

		Race on the Agenda	Race on the Agenda	Race on the Agenda
Status:		Company Limited by Guarantee		No.	3425664
		Charity registration No. 1064975
		The Company's governing document			is its Memorandum	and
		Articles ofAssociation dated	15	December 2008
Secretary	and	Maurice Mcleod
registered	office:	Resource for London
		356Holloway Road
		London N7 6PA
		Tel:[phone]
		Vyebsite: www. rota.org.uk
		Email: [e-mail]
		Facebook: facebook. corn/ROTA.		org/
		Twitter: twitter. corn/raceontheagenda
Trustees:		Ali Ahmed (Chair)
		Gifford Sutherland
		Lorraine Donga (Vice-Chair)
		Dr.Tele Amuludun
		Jasber Singh
		Karim Murji (Resigned 5Jun	2021)
		Gurpreet Virdee (Treasurer,	Resigned 6Jul 2022)
		Keiko Okawa (Resigned 6Jul	2022)
		Kadra Abdinasir (Appointed	10July 2022)
		Oli Kapopo (Appointed 10July and resigned 29 Nov. 2022)
Independent		A.A Boafo-Brewu, FCCA, MBA
Examiner:		Augustus Ik Co
		Chartered Certified Accountants
		374 Ley Street
		llford, Essex
		IG14AE
Bankers:		Unity Trust Bank pic
		Nine Brindleyplace
		Birmingham
		B12HB

			Year	ended 31March	2022	Year	ended 31March	2021
Notes			Restricted Funds	Unrestricted Desi nated	Total	Restricted Funds	Unrestricted Funds	Total
				Fundsf
Income from:
Donations and legacies				12,120	12,120		90,915	90,915
Income from charitable	activities:
Voluntary income Activities for generating		funds	195,498		195,498	240,642		240,642
Income from other activities:
Fees and sundry				27,950	27,950		1,470	1,470
Investment income
Total Income			E195,498	640,070	E235,568	E240,642	692,385	6333,017
Expenditure on:
Raising funds			15,524		15,524	9,031		9,031
Charitable activities Other resources expended			202,245	36,362	238,608	220,238	(439)	219,799
Tatai Expenditure			6217,769	36,362	6254,132	E229,269	(E439)	6228,831
Net income /(expenditure)		and net
movement offunds for	the	year	(22,271)	3,708	(18,563)	11,373	92,824	104,156
Reconciliation offunds
Total funds brought forward			40,262	158,533	198,795	28,890	65,708	94,598
Total funds carried forward			E17,990	6162,241	6180,232	E40,262	6158,533	E198,795

2 Donations
				Year to	31March 2022			Year	to31March 2021
				Restricted Unrestricted				Restricted	Unrestricted
				Funds	Funds f		Total f	Funds	Fundsf	Total f
Donations						12,120	12,120		90,915	90,915
						f12,120	f12,120		f90,915	f90,915
3 Grants
				Year		to31March 2022		Year	to31March 2021
				Restricted		Unrestricted		Restricted	Unrestricted
				Funds f		Funds f	Total f	Funds	Fundsf	Terai f
City Bridge Trust, Cornerstone Trust for London Runnymede Trust The Tudor Trust Barrow Cadbury Trust Benevlentia City Bridge Trust —Core London Community Response TNL Community Fund National Voices			Fund Fund	95,667 17,358 21,800 29,650 20,124 10,000			95,667 17,358 21,800 29,650 20,124 10,000	71,067 31,000 13,500 25,213 43,000 14,286 15,450 12,915 14,211		71,067 31,000 13,500 25,213 43,000 14,286 15,450 12,915 14,211
Oak Foundation				899			899
				f195,498			f195,498	f240,642		f240,642

		Year to 31March 2022	Year to 31March 2022	Year to 31March 2022	Year to 31March 2022	Year to31March 2021	Year to31March 2021	Year to31March 2021
		Restricted	Unrestricted			Restricted	Unrestricted
		Funds f	Funds f		Total f	Funds f	Funds f	Totalf
Fees and other	services		27,950		27,950		1,470	1,470
			f27,950		f27,950		f1,470	f1,470
5 Analysis ofexpenditure
		Yearto31March		2022		Year	to 31March 2021
Basis ofAllocation:		Restricted	Unrestricted			Restricted	Unrestricted
Unless stated allocated	on a	Funds	Funds		Total	Funds	Funds	Total
usage basis
Charitable Activities
Direct Costs:
Wages and Salaries		158,687	24,538		183,225	146,273		146,273
Employer's Nl contributions		9,556	3,372		12,928	8,536		8,536
Pension Costs		6,933	1,936		8,869	6,511		6,511
Staff recruitment		350	200		550	275		275
Stafftravel and subsistence		239			239	975		975
Staff training		254			254
Sessional Staff		2,870			2,870	600		600
Volunteer expenses
Training/Workshops						5,250		5,250
Equipment and materials		2,585	(1,426)		1,159	3,156	(585)	2,571
Publications/Promotion		7,476			7,476	2,350		2,350
Consultancy			4,500		4,500	3,538		3,538
Events		3,645			3,645	475		475
Partnership payments		5,000			5,000	27,625		27,625
Evaluation		3,252			3,252
Rent and service charges		7,860	2,310		10,170	9,513		9,513
ITsupport		1,950			1,950	4,140		4,140
Office costs		5,900	249		6,149	8,840		8,840
Depreciation charges			503		503		146	146
Governance costs (see note 7)		1,213	180		1,393	1.213		1.213
Total		f217,769	f36,362		f254,132	f229,269	(f439)	f228831

Net Income	(Expenditure)
			2022 f	2021f
Net incoming	resources is stated	after charging:
Depreciation	and other amounts	written offtangible assets	503	146
Independent	Examine Ysfees		1,380	1,200
Total			f1,883	f1,346

				Year	to31March 2022		Year	ta 31March	2021
				Restricted	Unrestricted		Restricted	Unrestricted
				Funds f	Funds	Total f	Funds f	Funds f	Total
Governance	costs
Trustees'	costs
Independence		examiner's		1,200	180	1,380	1,200		1,100
fees
AGM and	Annual		Report	13		13	13		13
				1,213	180	1,393	1,213		1,213

	Year	to31March 2022		Year	to31March 2021
	Restricted	Unrestricted		Restricted	Unrestricted
	Funds	Funds f	Total f	Fundsf	Fundsf	Totalf
Cost ofraising funds
Staff costs	11,024		11,024	7,976		7,976
Fundraiser	4,500		4,500	1,055		1,055
Total
	15,524		15,524	9,031		9,031

			2022	2021
Staff costs	and employee benefits		f	f
Staff costs	were as	follows:
Gross salaries			183,225	146,273
Employer's	national	insurance	12,928	8,536
Pension costs			8,869	6,511
Tota I
			205,022	161,320

fixed assets
	~ti t	Ftttt	~Com	uter	Tota I
	~dd	t	~ti	t
Costs
At 1April 2021		4,512		28,982	33,494
Additions				1,426	1,426
At 31March 2022		f4,512		f30,408	f34,920
Depreciation
At1April 2021		4,512		28,543	33,055
Charge forthe Year				503	503
At 31.March 2022		f4,512		f29,046	f33,558
Net book value
At 31March 2022		0		1,362	1,362
At31March 2021		f0		f439	f439

s
	2022 f		2021f
Rent debtors		757	757
Other debtors		5,937	3,801
Prepayments		1,115	352
Accrued income		19,200	5,659
	f27,008		f4,909
rs: amounts falling due to within one year
	2022 f		2021f
Other creditors		4,893	59
Accruals		3,700	1,239
Social security taxes I6 pensions		6,250	6,604
Deferred income		96,434	88,849
	f111,277		f96,751

s ofnet assets bet	ween funds
	General funds	~di	tdf	d	Restricted funds	Total funds
Tangible fixed	1,362					1,362
assets
Net Current	95,879		65,000		17,990	178,869
assets
Net assets at 31	F97,241		65,000		f17,990	f180,232
Match 2022

16 Movements	in	funds
					~lncomin	~Out	oin
				A~t1 A r	Resources	Resources		Transfers	At 31Mar
				2021					2022
				f					f
Restricted Funds:
City Bridge Trust	Cornerstone		Fund	33,000	95,667	110,325			18,342
Runnymede Trust					17,358		17,358
Barrow Cadbury	Trust			(923)	21,800		21,229		(352)
City Bridge Trust	—Core			8,184	29,650		37,834
TNL Community	Fund				20,124		20,124
NationalVoices					10,000		10,000
Oak Foundation					899		899
Total Restricted	Funds			f40,262	f195,498	6217,769			f17,990
Unrestdcted Funds:
Unrestricted Funds:
Fixed asset				439	1,426		503		1,362
Designated Funds:
Working Capital				75,000				(10,000)	65,000
GeneralFunds				83,093	38,644		35,859	10,000	95,878
Total Unrestricted		Funds		158,533	40,070		36,362		162,241
Total Funds				8198,795	f235,568	f254,131			f180,232