Restricted NORTH HERTS MINORITY ETHNIC FORUM STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2024
Restricted Inde endent ExaMineS Re ort to the Trustees of North Herts Minori Ethnic Forum Independent examinerfs report to the trustees of North Herts Minority Ethnic Forum I report to the charity trustees on my examination of the accounts of North Herts Minority Ethnic Forum for the year ended 31 March 2024. Responsibilities and basis of rèport As the charity trustees of the Trust you are responsible for the pparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Act,). I report in respect of my examination of the Trusys accounts carried out under sectton 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. 1 accounkn'ng records were not kept in respect of the Trust as required by section 130 of the Act., or 2 the accounts do not accord with those records; or 3 the accounts do not compty wrth the applicable requirements conMIng the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be dravm in this report in order to enable a proper understanding of the accounts to be reached. Benjamin John Terrett FCA 60 Basils Road Stevenage Hertfordshire SG1 3PX Date". /¥•oF ZdZ}
Accountin statement Ac¢ruals Accounts Norfh Herts Minori Ethnic Forum Chari Commission r istered number 10T1201 For the financial ear ended on 31 March 2024 Statement of Financial Activitses Unrestricted Funds Capital Fund Restiicted Funds Total 2024 Total 2023 Incomin resources Incoming resources from generated funds Income from charitable objectsves Other incoming resour 4.137 39.212 8,678 4,137 87,048 14.665 731 113,886 13,878 47,836 5,987 Total incoming resources 52.027 53.823 105.850 128.495 Resour¢es ex nded Charitable expenditure Charitable activities Other resources expended 9,193 47,612 33,071 31,739 42,265 79,351 46,614 88,655 Total resources expended 64.810 121,615 Net incoming resources before transfers (4,778) {10.98n (15,765) (6,774) Gross transfers beleen funds Not incoming resources after trdnsfer5 (4.778) (10,987) (15,765) {6,774) Total fund5 brought forwaTrl 49.600 160,662 160,011 370,273 377,046 Total funds carried forward 44,822 160.e62 149,024 354.508 370,272
North Herts Minorl Ethnic Forum Chari Commission re istered number 1077201 For the financial ear ended on 31 March 2024 Balance sheet UnTestrlcted Funds Restrlctsd Funds Totsl 2024 Total 2023 Fixed assets Tangible assets Total flxod assèts Current assets Debtors Cash at bank and in hand 44.822 309,686 354,508 370,272 Total current assets 44.822 309,686 354,508 370,272 Credltors.. amounts falllng duo wlthln one year Net current assets 44.822 309,686 354.508 370,272 Total a88ets le89 curront Ilabllltle8 44.822 309,686 354.508 370,272 Income fund8 Restricted funds Capital fund Unrestricted funds 10 11 149,024 160.662 149.024 160,882 44,822 160,010 160.662 49,600 44,822 Total funds 44.822 309,686 3Y,508 370,272 Slgned by i <fi.Or T4 iyTrI ?Y Dat8 of approval
Note q Accountin olicies Basis of accounting These accounts have ken prepared in a(tordance wtth acfxjunting standards. Ac£ounting and Reporbng by Charities- Ststement of Recommended Practice {SORP 2005) and the Chaiities Act Reserves It is the Charivs policy to mainfain generJ r&%erves of at least 6 months of operating eypenditure. Note 2 Ex nditurè 2024 2023 a) Fees for examining the accounts 395 375 bl Anatysis of rèsources expended 2024 2023 Charitable activittes Wages and sataries General running costs 28.616 13,649 14.994 31,620 Total 42.285 46.614 Other resources expend Wages and salaries General running costs 48,623 30,728 65,967 22,688 Totsl 79.351 88,655 te 3 Grants made There were no grants or donattons made during the year. Note 4 Pald em lo ees 2024 2023 Gross wages and salari8S Employerfs national insurance Emplayefs pension contributions 70,817 2.290 73.912 2,775 275 Total staff costs 73,650 76,962 Average number of employees during the year Charrt2ble activities Support costs Total There were no employees with emoluments over £60.1)J). Note 5 Trustses and other lated rties There were no expenses paid to or reimbursed to any of the tnjstees in either 2024 or 2023. There were no related paty transactions in eilher 2024 or 2023.
Restricted Note 6 Tan ible Fixed Assets Other land & buildings Equipment Totsl Cost or valuatlon Balance brought forward 610 14,247 14,857 Additions Disposals {610} (14,247) (14,857} Balance carried forward DepreclatSon Rate of depreciation 3 years straight line 3, 4. 5 years straight line Balanca brought forward 610 14.247 14,857 Written back on disposal {6101 {14,2471 (14,8571 Balance carried forward Net book value Brought foward Carried foNard Note 7 Investment assets The chanty does not hold any investrnent assets. No 8 Debtors nd ments 2024 2023 Prepayments Note 9 C dltor8 nd a¢¢rual8 2024 2023 Other credilors Accfua18 Totsl
Restricted Note 10 Restricted income funds Fund name The National Lottery Community Fund Household Support Grant ose 2nd restrictions To fijnd the salary of the director and provide training for organisational development To.provide financial support to people livtng in poverty dealing with the high cost of living To provide supportto patients vAth dementta and memory loss To provide support for mothers and toddlers To provide leisure and recreationa actNTtEes to Astan Elde To allèviate isolation and maintain cultural values Hertswise Mothers and Toddlers Asian Men's Club (Day Trip) ltslian Evening Club Othei reth(Xed fvjnds Global Arts Awards for All To provide a range of workshops for 13 to 19 year olds To prowde skills development programmes to BAME people inequallbes To provide homework support in Engiish, Maths and Science to children and young people Homework Club Sport England To support the heallh and wellbeing of women and redu¢e heaith inequalty Note 11 Ca ital Fund The capital fund arises from o)ntributions towards running costs and hall hire. Itwill be used at some point in the knure to fund capitsl purchases. Transfers Closing balance Opening In¢omiTrJ balan¢2 resouros EXpditure Capltsl fijnd 180.662 160,662 Note 12 Movement of the ma or funds Opening balan Incoming resourLrs EXperltUre Transfers Closlng balan 5,030 4,591 20,589 24,416 11,312 8.226 12,056 16.280 12,459 The National Lottery Community FL Household Support Grant Hertswse Mothers and Toddlèrs Asian Men's Club (Day Trip) Italian Evening Club Other restricted funds Global Arts Homework Club Awards for AEI BME- ADV Sport England 15,377 5.000 10.347 5,821 3,041 5,412 23,630 23.782 10,302 9.503 12.870 15,861 10,785 9,040 33,689 5,138 2.079 1,010 1.762 2.609 1,795 6.782 4.495 140 16.660 2.821 8.220 18.534 3,847 31.815 1.291 Total 160.011 53,823 64,810 149.024 In addition to these restrtctsd fiJnds, the chaiity gr*fully reIVed £36.732 from North Hethrdshire Counal to fund the running expenses direcuy. Note 13 Other infom) The charty has no material commibnents otherthan those already provided frjr in the acunt& The charity has not gNen any guarantees to any third paty- Thè charity made no ex-gratia payments during the year.