2023-03-31-accounts

		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	Michael Buraimoh
registered	office:	Resource for London
		356 Holloway Road
		London N7 6PA
		Teh 02076974093
		Website: www. rota.org.uk
		Email: [e-mail]
		Facebook: facebook. corn/ROTA.	org/
		Twitter: twitter. corn/raceontheagenda
Trustees:		Ali Ahmed (Chair)
		Gifford Sutherland (Treasurer)
		Lorraine Dongo (Vice-Chair)
		Dr. Tele Amuludun
		Jasber Singh
		Gurpreet Virdee (Resigned 6Jul	2022)
		Keiko Okawa (Resigned 6Jul 2022)
		Kadra Abdinasir
		Oli Kapopo (Resigned 29 Nov. 2022)
Independent		A.A Boafo-Brewu, FCCA, MBA
Examiner:		Augustus &Co
		Chartered Certified Accountants
		374 Ley Street
		llford, Essex
		IG14AE
Bankers:		Unity Trust Bank pic
		Nine Brindleyplace
		Birmingham
		B12HB

					Year	ended 31March	2023	Year	ended 31March	2022
					Restricted	Unrestricted		Restricted	Unrestricted
Notes					Funds	Funds	Total	Funds	Funds	Total
					E	E	f	E	E	E
Income from:
Donations and legacies						3,813	3,813		12,120	12,120
Income from charitable		activities:
Voluntaryincome				3	129,455		129,455	195,498		195,498
Income from other	activities.
Fees and sundry						25,980	25,980		27,950	27,950
Investment income
Totallncome					6129,455	f29,793	f159,249	f195,498	f40,070	f235,568
Expenditure:
Raising funds					7,914		7,914	15,524		15,524
Charitable activities					139,532	38,537	178,069	202,245	36,362	238,608
Total fxpendgure					f147,446	E38,537	E185,983	f217,769	f36,362	f254,132
Net income /(expenditure)			and net
movement in funds	for	the year			(17,990)	(8,744)	(26,734)	(22,271)	3,708	(18,563)
Reconciliation offunds
Total funds brought	forward				17,990	162,241	180,232	40,262	158,533	198,795
Total funds carried	forward					E153,498	E153,498	E17,990	E162,241	E180,232

	Donations
				Year to31March 2023		Year	to31March		2022
			Restricted Unrestdicte			Restricted	Unrestricted
				Funds d Funds	Total	Funds		Funds	Totol
					f			E	E
	Donations			3,813	3,813			12,120	12,120
				3,813	3,813			12,120	12,120
	Grants
				Year to31March 2023		Year		to31March	2022
				Restricted Unrestricted		Restricted		Unrestricted
				Funds Funds	Total	Funds		Funds	Total
				f	6	E		E	E
	City Bridge Trust,	Cornerstone	Fund	27,333	27,333	95,667			95,667
	Runnymede Trust			5,786	5,786	17,358			17,358
	Barrow Cadbury	Trust		352	352	21,800			21,800
	City Bridge Trust	—Core		26,883	26,883	29,650			29,650
TNL Community		Fund				20,124			20,124
	National Voices					10,000			10,000
	Oak Foundation			69,101	69,101	899			899
				6129,455	6129,455	6195,498			6195,498

			Year to	Year to	31March		2023	Yearto31	Yearto31	March 2022	March 2022
		Restricted		Unrestricted				Restricted	Unrestricted
		Funds			Funds		Total	Funds	Funds		Total
		E			E		E	E		E	E
Fees and other services					25,980		25,980			27,950	27,950
					E25,980		625,980		E27,950		f27,950
5 Analysis of expenditure
		Year	to	31March 2023				Year	to31Morch 2022
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		107,816		21,585			129,401	158,687	24,538		183,225
Employer's Nl contributions		6,053		1,238			7,290	9,556	3,372		12,928
Pension Costs		4,808		1,611			6,418	6,933	1,936		8,869
Staff recruitment		60			194		254	350		200	550
Staff travel and subsistence								239			239
Staff training		174					174	254			254
Sessional Staff		600			183		783	2,870			2,870
Volunteer expenses		100			170		270
Training/Workshops		1,846					1,846
Equipment and materials		748					748	2,585	(1,426)		1,159
Publications/Promotion		6,570			28		6,598	7,476			7,476
Consultancy		653			972		1,625		4,500		4,500
Events		1,109			440		1,549	3,645			3,645
Partnership payments		2,500					2,500	5,000			5,000
Evaluation		6,504					6,504	3,252			3,252
Rent and service charges		3,522		6,744			10,266	7,860	2,310		10,170
ITsupport		700					700	1,950			1,950
Office costs		3,684		3,490			7,174	5,900		249	6,149
Depreciation charges					503		503			503	503
GOVernanCe COStS (see nate 7)				1,380			1,380	1,213		180	1,393
Total		6147,446		E38,537		E185,983		E217,769	E36,362		6254,132

Net Income	(Expenditure)	(Expenditure)
					2023 f	2022f
Net incoming	resources	isstated	after charging:
Depreciation	and other	amounts	written	offtangible assets	503	503
Independent	Examiner's	fees			1,380	1,380
Tata I					f1,883	f1,883

					Year	to 31March 2023		Year	to31March	2022
					Restricted	Unrestricted		Restricted	Unrestricted
					Funds f	Funds f	Total f	Fundsf	Fundsf	Totalf
	Governance	costs
	Trustees' costs
	Independence		examiner's		1,200	180	1,380	1,200	180	1,380
	fees
	AGM and	Annual		Report	13		13	13		13
					1,213	180	1,393	1,213	180	1,393
					Year	to 31March 2023		Year	to31March	2022
					Restricted	Unrestricted		Restricted	Unrestricted
					Funds	Funds	Total f	Funds	Funds	Totalf
8.	Cost of raising funds
	Staff costs				7,914		7,914	11,024		11,024
	Fundraiser							4,500		4,500
	Total
					7,914		7,914	15,524		15,524

			2023	2022
Staff costs	and employee benefits		E	E
Staff costs	were as	follows:
Gross salaries			129,401	183,225
Employer's	national	insurance	7,290	12,928
Pension costs			6,418	8,869
Total
			143,109	205,022

fixed assets
	~di		Fdd	~Com	uter	Total
	~dddd	i		~Eui	ment
Costs
At 1April 2022			4,512		30,408	34,920
Additions
At 31March 2023			64,512		630,408	F34,920
Depreciation
At 1April 2022			4,512		29,046	33,558
Charge for the Year					503	503
At 31March 2023			f4,512		529,549	E34,061
Net book value
At 31March 2023			0		859	859
At31March 2022			EO		61,362	61,362

16	Movements in funds	Movements in funds
					~lncomin	~Out oin
				~Atl A r	Resources	Resources	Transfers	At 31Mar
				2022				2023
				f				f
Restricted Funds:
	City Bridge Trust Cornerstone		Fund	18,342	27,333	45,676
	Runnymede Trust				5,786	5,786
	Barrow Cadbury Trust			(352)	352
	City Bridge Trust —Core				26,883	26,883
	Oak Foundation				69,101	69,101		(0)
Total Restricted Funds				f17,990	6129,455	f147,446
	Unrestdcted Funds
	Designated Funds:
	Fixed asset Fund			1,362		503		859
	Working Capital			65,000				65,000
	General Funds			95,878	29,793	38,034		87,638
Total Unrestricted		Funds		162,241	29,793	38,537		153,498
Total Funds				f180,232	f159,249	f185,983	(f0)	F153,498
17	Movements in	Funds (continued)