Restricted NORTH HERTS MINORITY ETHNIC FORUM STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 Restricted Independent Examiner's Report to the Trustees of North Herts Minority Ethnic Forum Independent examiner's report to the trustees of North Herts Minority Ethnic Forum report to the charity trustees on my examination of the accounts of North Herts Minori ithnic Forum for the year ended 31 March 202 Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act). I report in respect of my examination of the Trust's accounts carried out under section 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 examiner's 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 accounting records were not kept in respect of the Trust as required by section 130 of the 2 the accounts do not accord with those records; or 3 the accounts do not comply with the applicable requirements concerning the form 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. BOND Benjamin John Terrett FCA 60 Basils Road Stevenage Hertfordshire SG1 3PX Dato: 25/7/2025 Accounting Statement (Accruals Accounts) North Herts Minority Ethnic Forum Charity Commission registered number 1077201 For the financial year ended on 31 March 2025 Statement of Financial Activities Restricted Incoming resources Incoming resources from generated funds come from charitable objectiv her incoming resourc Total incoming resources Resources expended Charitable expenditure Charitable activities Other resources expended Total resources expended Net incoming resources before transfers Gross transfers between funds Net incoming resources after transfers Total funds brought forward Total funds carried forward Unrestricted Funds 5,612 13,002 5,646 24,260 Capital Fund 6,363 6,363 Restricted Funds 214,248 62 214,310 19.423 19423 4,837 4,837 44,823 49,660 : 6,363 2,251 8,614 160,662 169,276 88,653 58,706 147,359 66,951 (2,251) 64,700 149,025 213,725 1 Total 2025 5,612 233,613 5,708 244,933 88,653 78,129 166,782 78,151 78,151 354,510 432,661 Total 2024 4,137 87,048 14,665 105,850 42,265 79,351 121.616 (15,766) - (15,766) 370,276 354,510 North Herts Minority Ethnic Forum Charity Commission registered number 1077201 For the financial year ended on 31 March 2025 Balance sheet Restricted Unrestricted Funds Fixed assets Tangible assets Total fixed assets Current assets Debtors Cash at bank and in hand Total current assets Creditors: amounts falling due within one year Net current assets Total assets less current liabilities - = 49,660 49,660 49,660 49,660 Income funds Restricted funds Capital fund Unrestricted funds 11 49.800 Total funds 49,660 Signed by Antoniets Tuney Restricted Funds 383,00 г 383,001 - 383.001 383.001 213,725 169.276 383,001 Date of approval 25/07/2025 2 Total 2025 432,661 432,661 432,661 432,661 SZÍEIZ 169,276 49,660 432,661 Total 2024 - 354,510 354,510 - 354,510 354,510" 149,025 160,662 44,823 354,510 Restricted Note 1 Accounting policies Basse of accountive been prepared in accordance with accounting standards. Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005) and the Charities Act. Reserves It is the Charity's policy to maintain general reserves of at least 6 months of operating expenditure. Note 2 Expenditure a) Fees for examining the accounts b) Analysis of resources expended Charitable activities Vages and salarie eneral runnina cos Total Other resources expended Wages and salaries General running costs Total Note 3 Grants made There were no grants or donations made during the year. Note 4 Paid employees Gross wages and salaries Employer's national insurance costs Employer's pension contributions Total staff costs Average number of employees during the year Charitable activities Support costs Total There were no employees with emoluments over £60,000. 2025 400 2025 81,969 6,684 88,653 78,129 78,129 2025 79,157 2,265 547 81,969 3 3 Note 5 Trustees and other related parties There were no expenses paid to or reimbursed to any of the trustees in either 2025 or 2024. There were no related party transactions in either 2025 or 2024. 2024 395 2024 28,616 13,649 48,623 30,728 _ 79.351 2024 73,912 2,775 275 76,962 3 3 Note 6 Tangible Fixed Assets Cost or valuati toward Additions Disposals Balance carried forward Depreciation Rate of depreciation Balance brought forward Written back on disposal Balance carried forward Net book value Brought forward Carried forward Note 7 Investment assets The charity does not hold any investment assets. Note 8 Debtors and prepayments Prepayments Note 9 Creditors and accruals Other creditors Accruals Total Note 10 Restricted income funds Fund name The National Lottery Community Fund Household Support Grant Hertswise Type R R Other restricted funds R R R R Homework Club BAME - Advocacy Sport England Postcode Community Trust R R R Restricted Other land & buildings 610 (610) Equipment 14,247 (14,247) Total 14,857 (14,857) 3 years straight line 610 (610) 3, 4,5 years straight line 14,247 (14,247) 14,857 (14,857) 2025 2025 2024 2024 : : Purpose and restrictions o fund the salary of the director and provide training for organisational developme To provide financial support to people living in poverty dealing with the high cost of To alleviate isolation and maintain cultural values To provide a range lorent programe arE role Deprovide homewark support in English, Maths and Science to chilaren and young 4 Restricted Note 11 Capital Fund The capital fund arises from contributions towards running costs and hall hire. It will be used in the near future to expand operations across North Hertfordshire. Capital fund Opening balance 160,662 Incoming resources 6,363 Expenditure Transfers 2,251 Closing balance 169,276 Note 12 Movement of the major funds Opening Hertswise 20,589 Mothers and Toddlers 24,416 Incoming resources 63,388 245 Expenditure Transfers 60,342 6,015 10,963 Asian Men's Club (Day Trip) 11,312 754 3,181 Italian Evening Club 8,226 1,489 Other restricted funds 12,056 4,350 Global Arts 16,280 53,475 27,684 Homework Club 12,459 2,638 Awards for All 960 BAME - Advocacy 31,815 54,500 18,814 Sport England 1,291 9,425 6,980 4,150 1,291 Postcode Community Trust Total 149,025 11,960 214,310 147,359 лиши 2,251 67,501 2,445 7,811 213.725 In addition to these restricted funds, the charity gratefully received £10,500 from North Hertfordshire Council to fund the running expenses directly. The Lloyds Bank Foundation has also granted us unrestricted funds of £25,000 during 2024/2025 which we have allocated towards the BAME Advocacy project. Note 13 Other information The charity has no material commitments other than those already provided for in the accounts. The charity has not given any guarantees to any third party. The charity made no ex-gratia payments during the year. 5