REGISTERED COPAPANY NUMBER.. 04198889 (England and Wale5) REGISTERED CHARITY NUMBER: 1088411 REPORT OFTHE TRUSTEES AND UNAUDITED FINANaALsfATEl4lEPIts FOR THE YEAR ENDED 31 MARCH 2021 FOR EQUALrrY AcfioN LTD Duncan & Topli5 timited 3 Princes CourL Royal Way Loughborou8h Lelcestershire LEII SXR
EQUAUTY AlON LTD CONTENTS OFTHE FINANCIAL STATEMENTS FOR THE Y&4R ENDED 31 RCH 2021 Reference and Admlnlstrative Detslls Report of the Trustees 2 to 4 Independent Examlner's Report Statement of Financial Artivities Statement of Flnaftdal Posftion Notes to the Finanual Statements 9 to 21
EQUALtTY AlON LTD REFERENCE AND ADMINISTRATIVE DEfAILS FOR THE YEAR ENDED 31 MARCH 2021 TRUSTEES Drj Wincent Mr A Payne Mr A Akram MrYMi Mrs L D Foukes (resigned 22.9.201 Mr D G Featonby IrèslÈned 22.9.201 Mr5 E Keightley Mrs A Sayed Bln Hanif Ms L Vine Rev C Dtsbbln Mr P G Lewis (appointed 22.9.201 Mr D Karla lappginted 22.9.201 (resigned 14.1.211 COMPANY SECRETARY MrTWShaw REGISTERED OFFICE 66 Nottlngham Road LOUGH80ROUGH LeScestershire LEII IEU REGISTERED COMPANY NUMBER 04198889 IEn8land and WalEsl REGISTERED CHARITY NUMBER 1088411 INOEPENDENT EXAMINER Duncan & ToplSs Llrnlted 3 Prlnces Court, Royal Wav Lou8hborou8h Lelcestershlre LEII 5XR BANKERS Lloyds bank plc Hl8h Street Loughborough Lelcestershlre LEII 2QG Page I
EQUAUTY AcfioN LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 The trustees who are also directors of the charlty for the purposes OF the Companies Act 2006, present their report wlth the financial staternent5 of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reportlng by Charitie5.' Statement of Recommended PrartSce appllcable to charities preparin8 thelr accounts in accordance with the Financlal Reportlng Standard applicable in the LIK and Republic of Ireland IFRS 1021 leffectlve l January 20191. OBJECTIVES AND ACTIVITIES Oblectlves and alms To work towards eliminating discriminatlon, to promote equality ol opportunlty and good relations between all persons in the Borough of Charnwood. in the County of LeiceslershSre. The trustees have pald due regard to 8uSdance Issued by the Charity Comrnlsslon In decidin8 what actlvltles the tharlty Should undertake. ACHIEVEMENT AND PERFORMANCE Charitable actlvltles As a strate8lc partner of Charnwood 8orough Councll. the charlty continued to play o malor role in promotlng ¢ommunSty cohes5on by co-ordlnatlng Inter-falth and Inter.cultural events Includin8 Lou8hborou8h Mela. The charlty contlnued to work wlth Ilke-mlnded partner5. The charity dellvpred the flnal year of Its Flve-year Big Lottery funded prolÈct Ilmproving Llves Prolectl workln8 wlth men from Black, A513n & Mlnority Ethnic backgrounds IBAMEI. Thls dellvered outcomes around health, employment and worked at bulldin8 communlty resllien¢e around extremlsm and radlcallsatlon. The chartty's Flve-year Big Lottery funded project IPosltlvÈ Mlnds Prolectl Is In Sts thlrd year and focu5es on mental health work among the BAME communlty. Durln8 the year the charlty secured a contract wlth Natlonal Census to 5UPPOrt those who struggled to complete thelr d58ltal census forrns. FINANCIAL REVIEW Flnanclal posltlon The charity has total funds carrled forward of £195,01812020.. £138,7541 made up of unrestrScted funds of £119,791 12020.. £97,551) and restrlcted funds of £75,22712020.' £41,243). Goln8 concern Trustee5 are conlldent the charSty has sufficlent restsurces to rneet Its obllgatlon to funders and cllents durln8 2021 2022. STRUCTLIRE. GOVERNANCE AND MANAGEMENT Governlng document The charity is a company limlted by guarantee. The charity's oblects are to work towards eliminating discrimination and to promote equality of opportunity and good relations between all PEf50n5 in the BorouBh of Charnwood, In the County of Leicestershlre. The charity is governed by its Memorandum and Articles of Associatlon dated 19 August 2008. Pa8e 2
EQUALITY ACTION LTD REPORT OF THE TRuEE5 FOR THE YEAR ENDED ai MARCH 2021 5rRuuRE. GOVERNANCEAND MANAGEMEP Recruitment and appointment of new trustees The trustees who Seed during the year were: L Vine ICh3irl Y Ai Iwice-chairl J Wincent AAkram L D Foukes (resigned 22.9.20201 D G Featonby (resigned 22.g.20201 D Kana lapwinted 22.9.2020 resigned 14.1.20211 E Keightley A Sayed Bint Hznif c t)obbin P Lewis lappointed 22.9.20201 The board of trustees. which has up to 12 mèmbers. strives to reuuit members able to offer skills approprfate to a Company Lirnited by Guarantee. New trustees are intrOdUd to the workings of the tharrty. Trustees Bre encouraged to Identrfy training needs and attend appropriate external courses. It administers the charfjty and meets monthly. There are subcommittees respon5tble ft>r rnembership. personnej. finan and property, marketing and publioty. Widèr network Durin8 the year financlal support was gtveii by Chamwood Borough Couneil and The National Lottery Community Fund to carry out work programmes for them. The charity works in partnership with ststutory, voluntary agencies and with communtty groups. thèse include (harnwood Borough Councrl, The Bridge. Cttjzen's Advice Bureau, Without Abuse, John storer Charnwoed, Fear Hall and iA)ughborou8h Council of Faiths. Page 3
eouALITY ACTION LTD REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 STRUCTURE. GOVERNANCE AND MANAGEMENT Risk management The trustees have assessed the major risks to which the charity is exposed, and are satlslied that system5 are in place to mitig3te exposure to them. A key element In the management of flnanclal rlsk Ss the settin8 01 a reserves policy and Its r2gular review by trustees. Trustees have resolved to ensure that the charity is able to continue to provide all services for a period of at least two months in the event of a slgnificant proportlon ol our Sncome not beln8 rea115ed and also. in the event of having to come to a c105e. sufllclent funds to meet all its obli8atlon& In order to meet these obli8atlons, the trustees have set a minimum level of £35.000 for the charlty's free reseNes. Covld-19 pandemlc Trustees were commltted to abldin8 by Government advlce and instruetlons regardSng the pandemlc. In March 2020 followlng Governrnent guidance the ¢harSty went Into the flrgt lockdown. The ofllce closed durln8 thls perlod, with st3ff worklng remotely where approprlate. In thls way, the charity was able tg contlnue to 5UPPOrt those m05t vulnerable In Its community through prolects and casework. The charSty used medlums Ilke WhatsApp calls and telephone calls to reach people durfnÉ the lockdown. The ¢harlty delivered several short term projects coming out of the flrst lockdown, uslng lundln8 that came avallable. Beyond thls, the charity secured Bi8 Lottèry Communlty Fundin8 lor a six- month project to SUPPOrt and help people comln8 Out of lockdown. It delivered well-beln8 sesslons ancl engaged wSth people in dlfferent ways Includin8 small group exerclse sesslons, onllne Facebook activltle5 and sendlng well-being packs to people in their hornes. The ¢harlty secured fundln8 from the Communlty Justlce Foundatlon IAccess for Justlcel to dellver pandemlc related casework during October 2020 to March 2021. The charlty strengthened Its work In Lou8hbortsugh East wlth key partners, Includln8 Charnwood Borough Councll, to asslst those who were allected by the pandemic, thls Included en5urlng people could access beneflt advlce, food banks and 5UPPOrt with thelr mental health. D15closure of Inft>rmatlon to thè Independent examlner Each ol the trustees has conllrmed that there Is no Informatlon of whi¢h they are aware whlch is relevant to the Independent examlnatlon, but of whlch the Independent examlner Is unaware. They have further confirmed that they have taken appropriate steps to IdÈntlfy such relevant Inforrnatlon and to establish that the independent examlner is aware of such Inlormatlon. Thls report has been prepared In accordance wlth the speclal provlsions of Part 15 of the Companles Act 2006 relatin8 to small companies. Approved by order of the board of tTU5tee5 on ..IE.,I 6.12.I..... and slgnèd on Its behalf by: Ms L Vine- Trustee Page 4
INDEPENDENT EXAMINER'S REPORTTO THE TRUStEES OF EQUALITY ACNON LTD Independent emamlner's reportto the trustees of Equallty Artlon Ltd I'the Cornpany,) l pOrt to the charity tTUStees on my examination ofthe accounts of the Company for the year ended 31 March 2021. Responslbllltles and basls of report A5 the charfty's trust of the Company13nd aLso its dlrector5 for the purposes of company lawl you a respon%ble for the preparation ofthe accounts In accordance wlth the requ1MeThts of the Companies Art 20061'the 2006 Aet'l. avlng Satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2¢6 Act and are ellglble for independent examination, I report in spect of my examination ol your charity's accounts as carrfed out under sectlon 145 of the tharities Act 2011 1.the 2011 Act'l. In carrying out my examlnation I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examlnerfs statement I have cornpleted my examlnatlon. I confirni that no mattÈrs have come to my attentlon In connectlon wtth the examination 8lvln8 me cause to be15eve: accounting cd5 were not kept in respert of the Company as required by section 386 of the 2()6 Act; or the accounts do not accord with those records: or the accounts do not comply vlth the accountln8 requlrements of sectlon 396 of the 20C6 Act other than any requirnent that the accounts gfve a true and falr eW whith not a fflatter rnnsidered as part of an Independent exam5nation,' or the accounts have not been prepared In accordance wlth the methods and prlndples of the Statement of Recommended Pratti¢e for a¢¢ounUng and reporfng by tharltle5 lappllcable to charitles preparln8 theSr accounts Sn accordance th the Flnanclal Reportln8 Stsndard appllcable In the UK and Republlc of Ireland IFRS 10211. I have no concerns and have come auoss no other matters In connecvon ¥th the examlnatton to whith attEnllon should be drawn in thi5 report in order to enable a proper understandln8 of the accounts to be reached. Nlall Klngsley ACA Dunean & ToplSs Llmited 3 Prtnces Court, Royal Wav Loughborough Leicestersh5re LEII 5XR 0110712021 Dats.. Pa8e 5
EQUALITY ACTION LTD STATEMENT OF FINANCIALACTlVtTIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THEYEAR ENDED31 MARCH 2021 2021 Total funds 2020 Totsl funds Unrestricted fund5 Restricted funds Notes INCOMEAND ENDOWMENT5 FROM Donations and legacie5 81,320 ISg,979 241.299 157,579 Investments other li 2,291 660 660 Total 81,982 159.979 241,961 159,881 EXPENDITURE ON Charitsble acbvities Promotion of equallty and opportunity Awards forAII (IT equipment) Big Lottery Impmving Lives The Helen lean Cop& Charity Big Lottery Positive Minds National Lottery Beyond Lockdown Projert Access forjustice Casework Charnwood Borough Counal Covld Grant Access forjustice Leadershlp VITA Health Good Things Foundation Census rime to Shine leadership Programme Tech For Schools 56.702 56,702 376 42.201 48,569 376 42,201 53,983 I,ocx) 53,546 37,516 14.079 22,489 37,516 14,079 22,489 3,000 2,700 660 496 4.100 1.378 3,000 2.700 660 496 4,100 1.378 Total 59,702 125.995 185,697 157,098 NEY INCOME 22,280 33.984 56,264 2,783 RECONCILIATION OF FUNDS Total funds brouKht ft>rward 97,511 41,243 138,754 135,971 TOTAL FUNDS CARRIED FORWARD 119,791 75,227 195,018 138.754 The notes form part of these financlal statements Page 6
EQUALrrY A[oN LTD IREGISTERED NiIMBEIL. 04198889) STATEMENT OF FINANCIAL POSITION 31 MARCH 2021 2021 Total funds 2020 Total fund5 Unrestrfcted Restrleted fund5 funds Notes FIXEDASSErs Tanglble assets 89.071 L534 90.605 91,260 CURRENT ASSETS Debtors Cash at bank 13 15.498 15,498 120,184 873 78,627 97,096 97,C66 135.682 CREDITORS Amounts falllng due wlthln one year 14 ,8661 123,4031 131,2691 128,6861 NET CURRENT ASSEfs 30,720 73,693 104,413 50.814 TOTALASSETS LESS CURRENT UABILITIES 119.791 75,227 195.018 142.074 CREDITORS Amounts fallln8 due after more than one year 15 13,3201 NET ASSETS 119,791 75.227 195.018 138,754 FUNDS Unrestricted funds Restrlrted funds 119.791 75,227 97,511 41,243 TOTAL FUND5 195,018 138,754 The charitable company is entided to exemptlon from audlt under Sectlon 477 of the Companles Act 2rK16 for the year ended 31 March 2021. The membèrs have not required the company to obtaln an audlt of its finandal statements for the year ended 31 March 2021 In accordance wlÈh Section 476 ofthe Cornpanle5 Art 2(Q6. The trustees acknowledge their re5pon5ibilities for ensuring that the charttable company keeps accounting rÈtord5 that cornply with Sections 386 and 387 01 the Companies Act 2C¥J6 and preparin8 flnancSal ststements which 8iVè a truè and fair view of the state of affalr5 of the charStable company a5 at the end of each financial year and of Its surplus or deficit for each finantial year in accordance with the requlrements of Sethon5 394 and 395 and which othenlse comply with the qU1rernents of the Companles Aei 2(KJ6 relatin8 to finanaal statements, so far as appllcable to the charitable company. Ibl The notes fonn part of these finanoal statements Page 7 continued...
EQUALITY AlON LTD (REGISTERED NUMBER: 041988891 STATEMENT OF FINANCIAL POSlnON- continued 31 MARCH 2021 These finandal ststements have been prepared in accordance with the provlsions applicable to charitable companies sublect to the small companie5 regime. The financlal statements were approved and authorlsed for15sue by the Board of Trustees and authorlsed for Issue on and were slgned on Its behalf by.. Vine-Trustee The notes form part of these finanual statements Page 8
EqUAUTY ACTION LTD NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING pouaES Basi5 Ot preparingthe financtal statements The financial ststements of the tharitsble company. whlth 15 a public benefit entity under FRS 102. have been prepared in accordance wth the Charities SORP IFRS 1021 Accounting and Reporhng by Charities.. Statement of Recomrnended Prathce applicable to tharities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,. Flnantial Reporting Standard 102 Yhe FinanDal Reportlng Stsndard applicable in the UK and Republic of Ireland, and the Companie5Aci 2LM)6. The ftnzndzl statements have been prepared under the hlstor5cal c05t conventton. The flnandal statements contaSn Inforniatton about Equallty Attlon Ltd as an Indlvtdual charltable company. Thefinandal statements are presented In £ Stedlng and are rounded to the nearest pourtd. The charitable company is a public benefit entity as defined by FRSIO2. The 8oln8 concern basfs Is dependent on the tharfty continuing to re1ve 8rant fvnd¢n8. The fundlng recefved from The Bl8 Lottery Posltlve Mlnds Brant Is secure unUI July 2023 and The Rank Foundatlon Mme to Shlne Leadershlp Foundat5on fvndln8 Is secufy untll January 2022. Furtherniore, the char5ty secured a Strateglc Partnershlp A8reement with Charnwood Borough Councll from Aprll 2020 to March 2022 and Is enterfn8 Into a new prolertwlth VITA Health from APTII 2021. The trustees are confident that the grant hJndSn8 wlll continue on a basls that will provide the charlty th 5ufflcient resource5 fty the loreseeable fvture. Golng Concern There has been a global pandemic from the outbak of Cd-19. The potentjal Impact of Covld-19 become 518nlflcant Sn March 2020 and Is causSn8 WIdespad d5srupUon to all aspects of economlq 50dal and rharitable ctlvity acros5 the world. Includlng the UK. As a resulL the ¢harfty'S operations have been slgnlflcantly changed slnce March 2020, wth serylce5 beln8 provided remotely, and staff workln8 from home where p9551ble. The Trustees are tonftdent that the charfty Is In a positlon to manage the sltuatlon and consider that the harity ha5 sufficient cash reserves to continue and have mitiÉaied thè finantial effects of this by applying for and receiving a one-off unrestricted Brant from Chamwood Borou8h Counal to asslst with the TunnlnB Costs of the charity and utllisln8 the 8overnment's fvdou8h scheme for employee5 who have been unable to work as a result ol thè pandeml¢. FurthermoTe, the tharity has entered Into a number of cOd spedfic short term projects throughout the last 12 months, with funders bein8 very supportNe and appreciattn8 the need for the Charity to 5UPPOrt indivlduals In coplng th the Impact of the pandeml It is on thi5 basis that the trustees consider it appropriate to prepare the finanaal statement5 on the going concern bas55 and the financlal stateMts do not Include any adjustsnents that may result should thls grant funding not continue. The sS8nlfi(ant accounting polldes applled Tn the preparation of these flnanclal statements are set out below. These policies have been con5(stently applied to all years presented unle$5 otherwise stated. Pa8e 9 continued...
EQUALrtY AlON LTD NOTES TO THE FINANCIALSTATEMENTS- continued FOR THEYEAR ENDED31 MARCH 2021 ACCOUNTING POLiaES- COnnUed Financial r*porting standard 102- reduced dtsclosure exemptlons The charitable company has taken aoknnta8e of the following disclosure exemption5 in Prepang these financial 5taternents. as permitted by FRS 102 The Flhanclal Reporting Standard applicable in the UK and Republic of Ireland,: the requiremènts of Section 7 Statemènt of Cash Flows. Income 1 Sncome Is reco8nSsed In the Statement of Financial Activities once the charity has ent5dement to the fvnds, it Is probable that the income 11 be received and the amount can be measured reliablv. Income from 8ovemment and other grants Is rec(8nised at falr valLte when the chartty has entltlement after any performance conditions are met. it 15 probable that the incorne will be received and the amovn¢ can be measured reliably. If entltlement is not met then these amounts are deferred. Expendlture Liabilities are reco8nlsed as expendlture as soon a5 there Is a legal or constrvctlve obll8atlon commlttlng the harTty to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation Can be measured reliably. Expendlture is ac¢ounted fgr on an a¢cruals b351s and ha5 been classified under headin8S that ag8re83te all cost related to the cate80ry. Where costs cannot be directly attributetl to particular headings thèy have been allocated to activities on a ba515 consistent wlth the use of resource5. Tan&lble flxed assets Tanglble fixed assets COSt5n8 more than £5CK> are capitsllsed and Induded at COSt Indudln8 any Incldental expenses on acquSsltlon. Tangible fixed assets are slated at cost less accurnulated depreciation and accumulated irnpaimient 1055es. Cost Includes costs directW attributable to making the asset capable of Dperatln8 as intended. Depredatlon 15 provtded on all tsn85ble fixed assets, at rates calculated to wrfte off the cosL less estlmated resldual value. of eath asset on a systematic basis over Its expected usèful Ille as fdlows.. Flxtures and fittings Offite equiprnÈnt 15% redudng balance 25% reduting balance No depreciaUon is prwded on the charity's property as r( is the or8anisation's poliry to rnaintain this so as to extend it's useful life. Ta¥¥Won The eharity Is exempt from corporatton tsx on Its chadtsble actmtles. The Charity is not required to re8irter forVAT. All Inwme and expenses Indudè VATwhere appllcable. Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustee5 Irb furtherance of the 8eneral objectNes of the tharity an¢J which have not been designated for other purpose& Restricted funds are funds whith are to be used in accordan with specific restrictions imposed by donors or which have been raised by the charity lor parkncular purp05e5. The c05t of rai5in8 and administering such funds are charged against specific fund. The aim and use of each restricted fund is Set out in the note5 to the financial 5taternents. Investment Income and 8alns a allocate(I to the speofic fund. Pa8e 10 continued...
EQUALITY ACTION LTD NOTES TO THE FINANCIALSTATEMENTS- continued FOR THE Y&qR ENDED 31 MARCH 2021 ACCOUNTING POLICIES- continued Pension costs and other postrfetlrement benefits The charitable company operates a deflned contribution pen51ori scheme. Contrtbutions payable to the charltable company's pension Scheme are charged to the Statement of Flnancial Activities in the perSod to whlch they relate. Debtors and tredltors retèivablel payable wlthln one year Debtors and creditors with no stated interest rate and receivable or payable wlthin one year are recorded at transaction pri. Any losses arising from Impairment are reco8nlsed In expendlture. Crltl¢al ac¢ountlnB judgements and èstlmatlon uncertalnty In the applScation ol the charStable company's accountlng pollcles, rrana8ement Is requlred to make lud8ements, e5tirnates and assumptlons about the carryln8 value of asset5 and Ilabillties that are not readSlv apparent from other sources. The estlmates and underlylng assumptions are based on hlstodcal experlence and other factors that are consSdered to be relevant. Actual results rnay dlffer from these estlrnates. The estimates and undedylng a5sumption5 are revlewed on an ongolng basis. Rewsions to accountlng estlmates are recognised in the period in which the estSmate Ss revlsed If the revlslon affects tsnly that period, or In the perlod of thé revlslon and future periods if the revlslon affects both current and future periods. There are no crltlcal accountln8 lud8ements or e5tSmat5on uncertalnty that, In the oplnlon of the trustees, wlll have a rnaterlal effect on the flnanclal statements. Termlnatltsn payments Termlnatlon payment Ilabllltles are recogn15ed upon communlcatlon of Intentlon to pay and when quantlfTable. Such payments are accounted for as staff costs. DONATIONS AND LEGACIES 2021 Total funds 2020 Total funds Unrestricted fund5 Restrlcted fund5 Donatlons Grants 15,427 65,893 15,427 225,872 25,850 131,729 159,979 81,320 159.979 241,299 157.579 Page 11 conttnued...
EQUAUTY ACTION LTD NOTES TOTHE FINANCIALSTATÉMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021 DONATIONS AND LEGACIES- continued Grants received. induded In the abow are as fdlows= 2021 2020 Charnwood Borough Counol The Helen Jean Cope Charity Big Lottery Improving Lives Big Lottery Positive Mlnds National Lottery Beyond Lockdown Project Access forjustice Casework Hastings Direct Charnwood Borough Counc¥l Cowd Grant AC5$ for justice Leadership Good Things Foundation Censu5 rime to Shine Leadership Programme Tech For Schoo15 HMRC Furlough Support Govemment Cowd-19 Business Support Grant LeiStershire County Counal- Communrties Fund 20,979 20.978 1.000 57.123 52,628 49,654 45.606 16,995 30.785 5.2(M) 6,652 6.2( L378 13.415 io.oc .oc 225.872 131,729 Induded within grants reteNable are the followln8 amounts: Charnwood Borough Counol StrateC Partnership £20.97912020.. £20,9781. Chamwood 8orough Counal Cowd Support Grant £3.IXn12020: ENILI. HMRC Cowd Support Grant £IO.CIXI12020.' £NILI. PIMRC Furlough Sd)erne £13,41512020= £NILI. Leicestershire County Coundl- Communitie5 Fund £15,(N))12020= £NILI. Which are govemmént grnnts as defined by the SORP. INVESTMENTS 2021 Totsl fund5 2020 Total funds unreStricd funds Restricted funds Deposit attount Inte$t li Pagè 12 continued...
EQUAUTY ACTION LTD NOTES TO THE FINANCIAL STATEMENTS- conilnued FOR THE YEAR ENDED 31 MARCH 2021 CHARiTABLE ACTIVITIE5 COSTS Dirett Costs (see note 51 Support costs (see note 61 Totals Promotion of equality and opportunity Awards for All (tr equipmentl Bi8 Lottery Improving tives Big Lottery P051tive Minds National Lottery Beyond Lockdown Projert Access for Justice Casework Charnwood Borough Coundl Covid GTrnt Attess for Justlce Leadershlp VITA Health Good Thin85 Foundation Census Time to Shine Leadershlp Programme Tech For Schools 54,236 376 42,201 37,516 2,466 56,702 376 42,201 37,516 14,079 22.489 14,079 22.489 3,000 2,700 2.71X) 660 496 4,100 1,378 496 4,100 1,378 183,231 2,466 185,697 DIRECT COSTS OF CHARITABLE ACTIVITIES 2021 2020 Staff costs Rates and water Insurance ght and heat Telephone Postage, printin8 and stattonery General Direct project expenditure Repairs and maintenan Travel Affiliation Mort8a8e Interest Bank charge5 Recruitment costs Depreciation 152,336 201 2.548 1.918 1,918 3,538 1,688 13.447 3,703 117.730 160 2.523 1,534 1,531 3,265 2,861 19.292 3,751 132 287 196 660 655 132 420 251 183.231 154.348 Pa8e 13 continued...
EQUALITY A[oN LTD NOT TO THE FINANCIALSTATEMENTS- tontlnued FOR THE YEAR ENDED 31 MARCH 2021 SUPPORTCOST5 Governance Costs Promotion of equality and opportunity 1466 Support costs, induded In the above, a as follows: 2021 Promotion 2020 equality and opportunity Total activlties Independent Examiners. remuneration 2.466 2.750 NET INCOMEIIEXPENDtTURE) Net incomellexpenditurel 15 Stated aftercharg1npjlcreditin'. 2021 2020 Depreciation- owned assets Operating lease rentsls 655 628 628 INDEPENDENT EXAMIN£RS' REMUNEINTION 2021 2020 Accounts and independent examination fees 2.466 2,750 TRUSTEES, REMUNERATION AND BENEF115 TheTe were no tru5tees' remunerdtion or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. Trustees, expenses There were no tru5tees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. Pa8e 14 continued...
EQUAUTY ACTION LTD NOTES TO THE FINANCIAL5TATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2021 10. STAFF Cosrs 2021 2020 Wage5 and salarie5 Soual security costs Other pension costs 144.375 5,882 1079 111,777 4,213 1,740 152,336 117,730 Included wlthln wa8es and salaries above Is £4,986 12020: £NILI in respect of redundandek These amounts were paid out in respect of three job roles whith became redundant at the completTon of the Big Lottery Impmvtng Llves project in January 2021. The totsl employment benefits of the key management personnet ofthe charity were E37,3431202(k £33,673) The aveTr8e monthly number of employees durtng the year wa5 as foll¢)ws: 2021 2020 Charitsble attMtle5 Managemeftt and èdmlnistration Trustees io io No employees recelved emoluments in exc8s5 of £60,oc*J. ii. DEFERRED INCOME 2021 2020 Deferred income 15 included withln= Creditors due within one year 21.245 20.482 21,245 20,482 Thè movement in dèferred income during the yearwas as follows: Grants received.. Total deferred income at l Aprtl 2tr20 Amounts received in year Amounts credrted to 5taternent offinantial athties 20,482 226,634 225,8711 26,316 125,895 131,7291 21.245 20.482 Income from grants received has been deferred where time related perfornance conditions have not been rneL Page 15 continued...
EQUALtTY ACTION LTO NOTES TOTHE FINANaAL5TATEMENT5- contlnued FOR THE YEAR ENDED 31 MARCH 2021 TANGIBLE FIXED ASSErs Fixtures and lirtirw Land & buildings equipment Totsls cosr At l April 2020 and 31 Marth 2021 124.379 24.665 3,265 152,309 DEPRECIATION At l April 2020 Char8e foryear 3579 22.136 632 3.034 61.049 655 At 31 March 2021 35,879 22.768 3.057 61.704 NETBOOKVAWE At 31 March 2021 1.897 208 90,605 At 31 March 2020 2.529 231 91,260 Although there may be considerable dlfference between the carryin8 value and Maet value of the land and buildings the trustees do rtot coft%dw itto be a practicable exera5e to have the property rewdlued each year. DEBTORS: Amoupifs FALUNG DUE WH1N ONE YEAR 2021 2020 Prepayments and accrued income 15,498 873 14. CREDITORS: AMOUNTS FALLING DUE WtThIN ONE YL4R 2021 2020 Bank loans and ovwdrafts15ee note 161 Soual security and other taxes Other creditors Accru815 Deferred Income 3.350 1.872 2,336 2.466 21,245 3.351 1,655 828 2.370 20,482 31.269 28.686 Page 16 continued...
EQUALrrY ACTION LTD NOTES TO THE FINANCIALSTATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH Z021 15. CREDITORS.. AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2021 2020 Bank loans Isee note 161 3,320 16. LOANS An analys5s of the maturity of loans 15 glven below.. 2021 2020 Amounts falllng due within one year on demand: 8ank loans 3,350 Arnounts falllng due betweèn two and flve year5.. Bank loans- 2-5 years 3,320 17. LEASING AGREEMENTS Mlnlmum lease payments under non-cancellablè aperatlng leases fall due as follows.. 2021 2020 withln one year Between one and flve years 635 626 635 635 1,261 18. SECURED OEBTS The ftsllowln8 secured debts are Included wlthln credltors.. 2021 2020 Bank loans 3,350 6,671 The mort8a8e loan 15 secured on the freehold property. At 31 Marth 2021 £3,350 remalned outstandln8. The amounts are repayable by monthly InstallmÈnts over the remalnlng l year period, Interest Is payable between 4.84%- 5.34% and Is due on a quarterly basis. Page 17 continued...
EQUALtTY ACTION LTD NOTES TO THE FINANaAL sfAYEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021 19. MOVEMENYIN FUNDS Net movement in fvnd5 At 31.3.21 At 1.4.20 Unrestricted funds General fund Hastings Direct AcTr5s for justi Leadership- Unrestrieted 97.511 19.673 107 2.5LXJ 117,184 107 2,SLX) 97.511 22.280 119,791 Re5trirted funds Bi8 Lottery Chances forAII Awards for All Charnwood disabilityforum Big Lottery Improving Ve5 The Good Things Foundation Big Lottery Fund Positive Mlnds National Lottery Beyond Lockdown Project Actt5s for Ju5trce Qsework VITA Health Good Things Found3tion Cen5US rime to Shine Leadership Programme 1.753 3.947 502 1,753 3,571 502 26,759 1,384 22,441 2.917 8.296 16601 6.156 2.108 13761 7,453 1.384 14,351 2.917 8.296 16601 6,156 2,108 41.243 33.984 75,227 TOTAL FUNDS 138,754 56.264 195.018 Pa8e 18 continued...
EQUAUTY ACTION LTD NOTES TO THE FINANCIAL STATEMEKfs- ¢ontinued FOR THE YEAR ENDED 31 MARCH 2021 19. MOVEMENT IN FUNDS- continued Net movement In funds, included in the abe are as follows.. Incoming resources Resources expended Movement in funds Unrestrictsd funds General fund Hastings Dirett Access for justice Leadership- Unrestrlrted thamwood Sorough Coun¢il Cwd Grant 75.482 155.8LPJI 18931 19.673 107 2.500 2.5C(I 81.982 159.7021 22.280 Re5trlrted funds Awards forAII Big Lottery Improvin8 Lives Big Lottery Fund POtiVe Minds National Lottery Beyond Lockdown Prolect Access forjustice Casework Acces5 forjustite Leadershop VITA Health Good Things Foundation Cen5US rime to Shine Leadership Programme Tech Forschools 13761 142.2011 137,5161 114,0791 1214891 12,7c(II 16601 14961 14.ILX)I 11.3781 13761 7.453 8,090 2.917 8,296 49,654 45.6( 16.996 30.785 2,7CXJ 16f? 6,156 2.108 6,652 6,208 1.378 159,979 1125,9951 33.984 TOTAL FUNDS 241.961 1185.6971 56,264 Comparatlves for movement In lunds Net movement in fund5 At 31.3.20 At L4.19 Unrestrlcted funds General fund 96,880 631 97,511 Restrjrted fund5 Big Lottery chan for Ati Awards for All Charnwood disability forum Big Lottery Improving Lrves The Good Things Foundation Big Lottery Fund Positive Minds 1.753 4,449 502 16.291 1,384 14,712 1.753 3,947 502 19.306 1,384 14,351 15021 3.015 13611 39,(VJl 2,152 41,243 TOTAL FUNDS 135,971 2,783 138,754 Pa8e 19 continued...
EqUALfTh AlON LTD NOTES TO THE FINANCIALSTATEMETrtr5- contlnued FOR THE YEAR ENDED 31 MARCH 2021 19. MOVEMENT IN FUND5- continutd Comparative net movement in fvnd5, included in the abcNe are a5 follows-. Incomirng resources Resources expended Movement In funds Vnrestrirted funds General fund 48,518 147,8871 631 Restrlrted funds The Helen lean Cope Charity Award5 forAII Big Lottery Improvtng LNes Big Lottery Fund Positive M5fbds I1,0) 15021 154,7191 152.9901 15021 3,015 13611 57,734 52.629 111.363 1109,2111 2,152 TOTAL FUNDS 159,881 1157,0981 2,783 The 818 Lottery Chances lor is a S year Big Lottery project empowering women from a South Asian background. this project expired in November 2017. Award5 forAII ts fundin8 for the purthase of computer equipmenL The Big Lottery Improvin8 Uves is a 5 year Bl8 Lottery prolect empowerin8 men from a South Aslan back8round. The Good Things Foundation grant was to provide Eng[h classes for BAME women. The Big Lottery Positive Mind5 Grant is a 5 year Big Lottery project in rai&ng awareness and offerin8 SUPPOrt for mental health issues to BAME people. The National Lottery Beyond Lockdown projert is a partnership Initiatlve of community group5 working in Loughborough East to support people affected by the Covid situation. The Acce55 for Justice Casework project is funding forta%eworL runnirtg expenses and debt training. The Charnwood Borough Council Cwd Grant was awarded September 2020 to enable the charity to adapt its premises to zccomrnodate Covid re5tricbons. The Access for Justice Leadership project is fundinB for Executive OffIr salary1£2,5001 for leadershlp tralnlng and extema5 consultants for the Access forJusi1 projecL The Good Thing5 Foundation Census is a contrart for the Office for National Ststistics to deliver 2021 Cen5US support to the publicwith funding for DBS thecks. training and ddivery houts. The Time To Shine Leadership Programme is funding to enable indidu3]S with the right skills MIL talent and work ethic, the opportunity to experience a 12- month paTd leadership and development placement in charity. The Tech For Schools project wès the ¢haritVs response to the local need for schoolchildren to be able to use laptops at home during the Covtd crisis in 3 ways.. l. By coordinating the collectton of old laptops and thar delivery to Limehurst Academv. Page 20 continued...
EQUALrrY ACTION LTD NOTES TO THE FINANCIAL STATEMENTS- conttnued FOR THE YEAR ENDED 31 MARCH 2021 MOVEMENT IN FUNDS- contlnued 2. A few people chose to donate money to Equallty Action vta PayPal. Thi5 was used to purchase computers and dellver to Lirnehurst Academy. 3. By setting up an Amazon wlsh-list for the public to pay for equipment diredy Ino money coming to the thaAtyI. The VITA Health fund above 15 in respect of a new project beginning in April 2021. This fund was overdrawn at the year-end due to Inltlal set UP Costs of this prolect, incurred Sn the year. prior to the commencement of this project. 20. RELATED PARTY DISCLOSURES There were no related party transactions identified that requlre disclosure for the years ended 3tst March 2021 and 31st March 2020. 21, CHARITY INFORMATION The charity is a Prlvate Ltmited Company by Guarantee incorporated and registered in Englènd and Wales under company number 4198889 and with the Charity Commission under number 1088411. The registered office is 66 Nottingham Road, Loughborough. Leitestershire LEII IEU. The charity changed its name from Human Rights and Equalitie5 Ch3rnwood on 14th February 2017. The nature of the charity's operatlons and its principal activities are given in the Report of the Trustees on pa8e 2. Page 21