Reglstered number
04550864
Preston & Western Lancashire Racial Equality and Diversity Council
Unaudited Financial Statements
for the year ended 31 March 2024
Registered Charity number: 1095261

Preston & Western Lanca6hlr8 Raclal Equallty and Dlverslty Councll
Réport and aGcounl8
Content8
Page
Legal Information
Trustees Report
Independent ex8mln6rs report
stalement of Flnandal Actlvlle8
Bala￿8 sheet
24
Note8 to the accounts
8-14

Preston & Western Lancashlro Raclal Equallty and Dlver81ty Councll
Legal Infomiatlon
Con6titutlon
Preston & Western L£nca8hlre Raclal EquaNty and Diverslly Councll Is a company Ilmlted by guarantee and a
regIstered charity governed by Its memorandum and artlcles of associatlon.
Dlrectors and tru8te88
Thè dlrectors of the charlt8b16 company are its trustses for the purpose of charily law and Ihroughout this report are
colleGtively referred to as trustees.
Presldent
The Right Worshipful the Mayor of Preston
Counclllor. Neil Darby
Chalmian
Mrs. Veronlca M. Afrin
Vlco-chalr
Mr8 Kallash Parekh MBE JP
Company Secretary
Trea$urer
Mrs Zulekha Dala MBE
Mrs Sophia Iqbal
Mr Faruk Desai MBE DL
Mr Javed Iqbal (appolnted 12th July 2023)
Ms Claudette Jones
Mr Rafiqua Omer
Mlss Neetal Parekh (appolntsd 12th JUEY 2023)
Mr Cllnton Smllh (appolnled 121h July 2023)
Mr Peter Taylor (Appolnt8d 12th July 2023)
Mr Ahmed Said Patel (rellred 121h July 2023)
Mr GuNinder Sahola (retlred 12th July 2023)
Councillor Haslna Kh8n
Counclllor Nweeda Khan
Counclltor Jack L8nox (retlred 12th July 2023)
Counclllor Suhlr Abuhajar (appolnied 12th July 2023)
Rozila Kan42 - Lanca5hlre Constabulary Rep {appolnted May 2023)
Insp. Dav8 Byme - Lancashire Conslabulary Rep (appointed July 2023)
Balaji Accountants
Certified Public Accountants Assoclalion
431 BlackpocA Road
Preston
PR2 2DU
Manager
Board Membor8ifrusleos
Co•OPtgd Members
Consultant Ob88rv8r
Independenl Exarnlner8
Bankers
Lloyds TSB Bank plc
Preston Distrlct Buslness Centre
94 Flshergate
Pieslon
PR12JB
Reglstored offlco
Town Hall
Lancaster Road
Preston
PR12RL
Reg18t•r•d Company no.
Charlty no.
04550864
1095281
Page I

Pre8ton & W¢stern Lanea8hlro Raclal Equallty and Dlvor81ty Councll
Tru•toe8' raport
for the year onded 31 March 2024
UCT
Gov•rnlng Documont
The Piaston and Wesiern Lanca8hire Radal Equallly and L¥ver8ity Councl (PWLREDC) Is con8tlluled as a
regl8tered chwity and18 govemed by14lemtsrandum and Artlcles ol A88o¢lallon.
PWLREDC18 al80 a company Ilmlted by guarantee and Is reglst8rÈd vAth Companl&s Houso.
The oblectlves of th6 charlty 8et out ln Ihe Memorandum and Artlcle8 are;
1. To work toward¥ lh8 elknlnallon ol raclal di$crfm]nalk)n; and
2. To promote equallty of opportunliy and good relatlons be￿en pèople of dlffeient racial group8.
Tho achtev6m6nl8 of PWl4iRED¢ In meellng objecllvts are 88t out in Ihe AJ)nual Repo
Rocrnltmont and Appolntmant of Tru8t808
All Iru8tee$ aro formally appdnted at the Annual Gèneral Meetlng. The membe18hlp tskes a vote on persons
nonknted and they are then sewred in offlc6 al th81tr8t ordlnary meellng followlng the Annu81 Géneral
Meetlng.
New truslees can be recrulled al other tlmes duilng the y88r, they loh a8 eo-oplees foltowkng nomlnallon by Ihg
members.
All trustee8 mustllrst become memb8r8 In order to b6 èllgltrAa for nomlnatlon and an appllcallon form helps to
a88ess thè potentlal potvollo of mam￿r$.
Inductlon and Tralnlng of TIu81oe8
All Iruslee8 receiv8 fom)al wrflten Inform8llon from threo key sources.
Infcth18I1￿ from Charmles Commi58lon
Informatlon from Companles House
Polldes and procèdure¥ gulde from PWLREDC
New truslee8 are knvlted to an Indudion meellng and would be Invlted lo any In-house tralnlng belng undertaken.
Charllablè ObJe¢ts
The obJecllv8s of PWLREDC ar8 to éllmlnale dl8eAimlnatton and promote equalily of opportunlty.
We a¢hteve th18 by deJlverSng 8erd¢es a¢X0&6 Ihe county In the lollowlng way.
-Advlslng organl8alion8 on Equal Opportunlles
- Provldlng advl¢e arKI asslstance to p8opl6 who have 6xp8tlanced dtsu1n￿na1Otsn on the grounds of race. a9e.
disablllty, rellgJonlb811af. génder and sexual orl8ntatk)n or hara86mènl.
'. Provkllng infrastrudwe 8uppori 8nd developm6nt to the comftwnlty
- Provldlng tralning and support kn raise pulthc awareness
DuilNJ Ihe year the PWLREDC'S maln obJe￿IVeS were:
- To slren9then communlty Inwjlvement
- To pronwte ￿ncePt of 8afer ¢t)mmunltles and communlty ¢ohe8ion
- Yo assl6t communlty empowennenl and capaclty b￿ldEng Inttlatlve8 80 Ihal mlnorlty ethnTQ org8ntsallons bulld
the ¢apaoty to be¢om& self-rellant
- To 81renglhen the foundatlons of the exi8llng c*gan18all¢)n to èffeclivety achlevo thg above goals
- Provlde 8UPPOrt and 8881tstance lo vkllms of Hate Crlmè and D18crknlnalion
Page 2

Preston & Wè8t8rn Lanca8hlre Raclal Equallty and Dlver81ty Councll
Tru8to88' report
forlhe year ended 31 March 2024
Organl$atlonal 8tructure
The organl8aVon18 managed over011 by a Board made up of truglees and director£ of the Charlly.
On a day lo day ba8iS. the organl88llon 18 managed by th6 Manag8rand through hlm. a staff team.
All flnanclal decl$lons ara taken by Iha Board. The Staff mana98 the day lo day fund8 through petty ca8h to
the value of £300.
IEVE
DPE
CE
Rovlaw of actlvltl68 and achlovoment8
Some of the k8y achlevements thls year have been:
PWLREOC recelved 133 enqulrles
PWLREDC opened 18 client ca888
As8181 and contlnuo the Pre8ton WlndN8h Gen8rallon and Des¢endan18 UK wllh thelr actlvltles
8upport and Show Ra¢l$m Ihe Red Card Project worklng wllh local schoo19 In Preston wHh partner8hlp
organlsations
A8818t and 8UPPOrt local communlty groups with provldlng th• Unlty Contre for thelr acfville$16e59ion8
Agreement wilh Pre8lon Clty Coundl to provld6 0111¢8 Space Ond support to Pre8ton Volunleern and
Comnwnlty CVS at the Unlty Communlty Centre untll 2026
Overvlow
Current g8n8ral economlc cllmale and rethcllon In publlc seryice8 cul wa have had a red￿li0n in finan¢lal
8lVPOrt from 80m8 of our local authoriti&8.
Other Local Aulhoillles.,
We Ikqve not been funded by some local aulh(xilles who In the past supported u8. Wa conllnue lo receivè
8UPPOrt from Proslon Cify Councll and L8ncashlre County co￿¢11
INANC
These Independently thyamlned accA)unls cover Ihe perfod from 1 Aprfl 2023 to 31 March 2024.
Appllcatlon of tho Charlty'8 Fund8
Durkng Ihe period covered by thls report, PWLREDC ha8 8OUOht lo ensure that all Income relates to a 8pedfio
8ervlca dellvery W8n, through the development of 8eNTca level agreemen1$ and oulcome monltorlng.
Re8èlV08
The trustee$ have a poll¢y whoreby Iho unraslflded fund8 not olheThvi88 comriillled or Invested In langlbIe
fixed asse18 held by Ihe charlly Should be sufflclenl to keep It running. 11 Is Intended thal Ihese re8eNes aro
reallooalod lo varlous proJe¢t8 In Iln8 wlth Ihe alms and ob]eclives of PWLREDC. Th8 Speciflc d8slgnalM)n for
the r88trl¢tsd fund8 held by the Charlty are Set oui In nole 18 to the accoun18.
Page 3

Preston & We8torn Lon¢a8hlre Raclal Equallfy and Dlver8lty Councll
Tru8tges' report
for Ihe yèar 6ndad 34 Mar¢h 2024
Govornhnm. Intornal control and rl8k pollcy
The Prhclpal rhk to thè organi8allon Is the cess8llon of 8lgnlllcanl fundlng 81ream8. The 8tst118 of fundlng
8tream8 are reported to the tru8tees on a wgular basI3. A plan for renewlng and malnlainlng lundlng 18 In
d8velopmenL
The trustees. to contlnuo to keep ihelr 8y8t8m of r18k ￿ntrOl8 ￿der revlew, have adopted lh8 foUowiNJ:
- An annual plan arKI budgét
- Corporate plaMFng group to revievi p6rfom)ance against btyi
- Malnlainlnp Internal flnandal conlrol
- Early wamlw system lo enjure Ihat ap￿OprIate acllon can ba taken whero any rlsk to ser¥1(￿ Is Identified
ST
EN
OFTR
EES.
spo
IL
The truslees are fesponsbi le for preparlng the f￿8￿la1 Slatem6￿ In accordance appHcablg law and
Unlted Klngdom Generally Accepted Ac¢oLmtlng Practice.
Company and charfly law requlres the tru8tse8 to propare fmandal statements for each fknandal year which
gfve a fr￿ and fair v16w 01 the Stat8 of affalrs of the charlly and of the surplus or deficll of the Charfty for Ihat
pe￿d. In preparlng thosé financlal stalements. the Irustee8 are req(Ared to".
- 8elect 8uftable acuuntlng pollcle8 and then apply them cOT￿l$lenIIy.
- make ludg8ments and estlmales that we reasonab￿ and prudent.
8tat8 whelher applcabje accounting 8tandgrd8 and 8tatements of recommended PTacllce have been
followed subject to any departwes di8clo3ed and explalned In the financlal slatements" and
- prepare the financ]al stalements on Ihe going ¢onc8rn bas18 un1688 k 1$ Inappropriate to pre8ume thal the
ch*ity wlll ¢onllNe In bu¥lne8&
The tw8tees ale re8p￿SIble for keeplng proper aceounllng record8 Ihal dl$ths8 wlth reaaonablo
acyuracy at any tlma the financlal posltlon of Ihe charlty and lo enable Ihem to ensure that
tha flnan¢lal Statemer￿S comply vitlh Ihe Comp¥￿e8 Ad 2006. They are also respon8lblè for
safeguardlng th6 assets of the tharfty and the group and hence tskhg reasonablg Steps for the
wevenllon 8nd dateclion of fraud and other Irregularftle8.
The trustee$ are re8ponslble for the mBlntenanc8 and Inte9rlly of the corporal6 and fIn￿cIal
InfoTmallon induded on the charitable companys webslte. Legislallon In the Unknd Khwom
governing the preparatlon and d￿￿eM￿at￿)n of Ilnandal $latem8nt8 may dlfer from18glslatlon In
otherjurisdlctlons.
Accountants
A res01(thn propos1￿ Ihat Balaji Accounants be reappolnted a8 a(xountants of the chwRy wlll be put to the
Annual General Meetlng held on Wednesday 101h July 2024
This rewt VRS approved by th8 trustees on 10th July 2024 arKI sI￿ed on IIB beha¥ by:
Mis Veronlca Afrln
(Chalr)
Mr8 Zulekha Dala MBE
(Company 8eorotsry)
phla ￿bal
(Traa8uT&r)
Page 4

Preston & Western Lan¢a8hlro RaGlal Equallty and Dlv8r81ty Councll
Independent Examlner's Report to the trustées
for the year ènded 31 March 2024
Independent Examlner'8 Report to the tru8t•88 of the Pre8ton and We8tern Lanca8hlrè Raclal Equallty
and Dlverslly Councll
I teport on Ihe financial slatements of the chatlty for Ihe year ended 31 March 2024, which are set out on pages
6t014.
Re6pon81bllltles and bas18 of report
As the charity Itustees of the ￿MpanY (and also its directors for the pU￿OSeS of company law) you
responsible for the preparatlon of Ihe accounts Sn aeeordance with the requirements of the Companies Aca 2006
{'the 20(￿ Act,).
Havlng satisfied myself that the accounts of the company are not requlred lo be audited under Part 16 of Ihe
2006 Act and are elhJlble for Independent 6xamlnalk)n. I report In respect of my examlnation ol your company's
accounts as carrled out under seclion 145 of the Charltles Act 2011 ('the 2011 Aef). In carrying out my
examlnatlon I have followed the Dlrecllons g￿n by Ihe Charlty Commlssion under section 145(5){b) of the
2011 Act.
Indepondont examlneV8 Statemant
I have CoMp￿ted my examination. I conflrm that no matters have Come to my attentlon In connectlon with the
exarninatlon giving me causa to belleve that in any material respect".
l.accountlng records vfftre not kept In respect ol the company as rewlred by sectlon 386 of the 20(￿ Act" or
Ilhe accounts do not accord wlth those records", OT
3. the a(x{￿nts do not cornply wlth the acLounllng iequlrements of sectlon 396 of the 20￿ Act other than any
requirement that the account8 glve a 'true and fair vlevl whlch Is not a matter consldered as part of an
Independent examinalion; or
4. the accounts have not been prepared in accordance wllh lh8 methods and prlnGiples of the Slatement of
Recommended Practice for accounting and reporting by Ghafities [appticable to charities preparlng their
accounts In accordance with the FInar￿181 Reportlng Standard applicable kn the UK and Republic of Irejand
(FRS 102)].
I have no concerns and have come across no Qlher matlers In connectlon wlth thé examinatlon lo whlch
attentlon should be drawn In fhis report In order to enable a proper understandlng of Ihe accounts to be reached.
Accountanis
Certif￿1 Public Accountants As8oclallon
431 Btackpool Road
Preston
Lan(xshlre
PR2 20U
DATE
18106r2024
Page 5

Pre8ton & Wostern Lanca8hlre Racial Equallty and Dlvfrrsity Councll
Statements of Flnanclal Acllvltl88 Ilncluding Income and Expgndlture Account)
for the year ended 31 March 2024
Total
2024
Total
2023
Note8 R68trlcted
Unre8trlctod
Incomlng Rosourcgs
Invastments
3,182
3,162
473
Charllable actlvlties
Olher
36,455
36,455
535
Total Incomlng re8ources
39,617
39.647
1.008
ReBource8 Expended
Charllable aclmlles
38,430
38,430
36,701
Governance Costs
1,170
1,170
1.158
Total R4sourcB8 Expended
39,600
39,600
37,86
Net Incomingl(Outgoing)
Resources before transfers
17
17
(36,861)
Transfer between Funds
Gross transfers belween funds
Nel Movement for year
17
17
<36,8611
Total funds brought foplvard
19
120,127
120.127
120,127
Total fund8 carrlod forward
19
120,144
120,144
83,276
The Statement of Flnancial ACt[￿lieS Includes all galns and losses recognised In Ihe year. All Incomlng
r&sources and resources expended dertv& from ¢onllNing actfvitles.
The Statement of Flnanclal A¢tlvitles a180 complle8 wlth Ihè requirements for an Income and expend5tur6
account under the Cornpanies Acl 2006.
The notes on pages 8 to 14 form an Integral part of these a¢xount8.
Page 6

Preston & Western Lanca6hlre Racjal Equallty and Dlver81ty Counell
BalanGe Sheot
as at 31 March 2024
NoteB
2024
2023
Flxed a880ts
Tanglble assets
132,761
108,454
Current a860ts
Debtors
Investments
Cash at bank and In hand
12
13
2,678
73,279
32.655
108.612
2.959
100,633
26,356
129,948
Crodltor8'. amounts falllng
duo wlthln on6 year
14
Net curront as66ts
102,749
127.039
Net a88ets
235,510
235,493
Funds of tho charlty:
Unreslrlcted funds
Non distrlbulable reseNe
General funds
Deslgnate(J fwds
16
16
17
115,386
115,543
4,601
235.510
115,366
147.326
27,199
235,493
Re8trlcted fund8
Accumulated funds
18
20
235,510
235,493
Tho directors are 8at18fled thal th8 company is entitl&l to ex8mptbn from the requlrement to obtaln an
audlt under sectlon 477 of the Companies Act 2006.
The members have nol required the company to obtain an audlt In 8¢cordanGe wlth sectlon 478 of the Act.
However, In accordance wllh section 145 of the Charftles Act 2011 and secllon 44 of
the Charlles, the accounts have been oxamlned by an Independont examlnÈr who$e report appears on
page 5.
The dlrectors acknowledge thelr responslbiltlles for comptylng the requirements of th8 Companles Act
2006 wlth respect to accounting records and th& preparatlon ol accounts.
The accounts have been prepared In aGGordan¢e wlth the provislons in Part 15 of the Cornpanles Act 2006
appllcabl8 to companies 8ubjecl to the small comp8nie8 reglme,
(GhaFr)
Mrs Veronlca Afiin
Pag8 7

Preston & Wéstern Lanca8hlre Raclal Equallty and Dlverslty CounGII
Notss formlng part of the financlal Statements
for the yèar ended 31 March 2024
l Accountlng pollcles
Ba815 of preparatlon
The charlty constltutes a public benefit entity as dellned by FRS 102. The flnancial statements have been
prepared in accordan￿ ￿th Accounting and Reporting by Charilies: Statement of Recommended Ptathe
appllcable to chariues preparing thelr accounts kn accordance wlth the Financlal Reportlng Standard applicable
In Ihe UK and Republlc of Iréland Issued In October 2019, tha Flnancial Reporting Standard applicable in Ihe
Unlled Kingdorn and Republic of Ireland {FRS 102), Ihe Charltles Act 2011, the Companies Acl 2006. and UK
Generally Accepted Accounling Pracllce.
The flnancial statements are prepared on a going concern basls under the hlstOTlcal cost convention, modifted
to Indude certaln Items at falr value. The financlal stalements are presented In sterling whlch is the functional
currency of the charlty and rounded to the nearest £ofyJ.
Company status
The charity18 a company Ihal does not have any aulhorised and tssued share capital. The company 18 Ilmlted
by guarantee of it8 members and Is a reglBtered charlty. Under thé t8rm8 of tha Memor8ndum and Articles of
Association, the Ilablllty of the member is limlted to £10 68ch and the number of members should not be less
Ihan Iwo.
Fund accountlng
Unrestricted funds sre avallable for use at Ihe dlscretion of Ihe Iruslee8 In furtherance of Ihe gener21 oblectlve8
of the charlty and whlch have not been desfvJnated for other purpose8.
Designated funds compris8 unreslricted funds Ihat have been Set askle by Iha trustees for parlicular purposes.
The alm use of each d88ignated fund Is set out in the noles to the financial statements.
Restricted lunds are funds whlch are to be used In wxordance vdith speclflc restrlcllons Imposed by donors or
which have been ralsed by the charity for particular purposes. The cost of raislng and adminlstering such funds
are charged against the Specif￿ fLrnd. The aim and use of each restricted fund Is set out in the notes to I
finandal 8tatemgnls
Resources Oxpended
All expenditUTe is accAiunted for on an accruals basis and has been classified under headings thal aggregate all
costs related lo tho category. Expendlture Is recognlsed where Ihero is a legal or cunstructlve obligallon to
make payments to third partles, 11 Is probable that the settlement vlll be required and Ihe amount of th8
obllgatlon can be measured reliably.
Revaluatlon
The surpluses arlslng on the revalu81ion of fixed a8sets are credaed to Ihe Statement of Finandal Actlvitles and
taken to the Non dlstrlbutable reserve.
Pon8lon Costs
The CharSty operates a Government penslon scheme under Auto￿nrolmenl 88 Tequired by UK L8w In vA)Ich
member8 may opt out, The Gosts ol the conltlbulions are wrllten off againsl profit8 In the year that they are
payable.
Page 8

Tanglbl& flxed a889ts
Tanglble fixed assets are 8tated at cost (or deemed co81) or valuatlon less accumulated depreciatlon and
accumulaled lmpalrn￿nl Ioss6s. Cost Includes costs dlrectty 8llilbulable lo maklng the asset capable of
operatlng a8 Intended.
Depreciatlon Is provided on all tanglble fixed assets, at rates ¢alculatsd to wrtta off the cost, less esllmated
resklual value, of each asset on a syslematlc ba818 over Its expected useful Ilfe as follows..
Freehold land - No depredatlon
Freehold bulldlngs - Depreciatlon over Ils useful Ilfe of 50 years
Flxtures and fitting8 - 15% reduclng balance
Land and bulldlngs were valued by the Manager, Faruk Desal
D•btor8 and credltors rocelvablo I payable wlthln one yoar
Debtor8 and credltors wlth no st*d interest rate and recelvable or payabje wlthin oné year are recorded at
transactlon prlce. Any losses arlslng from Impairment are reeognlsed In the profit and k)ss account In other
admlnlstrative expenses.
Government grants
The Company recelves governmeni orants. These grants are rewnlsed at Ihe fair value of the assel received
or recelvable when Ihere Is reasonabJ& a8surance that the company will cornpty wlth condltions attachlng to
them and the grants wlll bo recalved uslng the perfOnrj￿ce1a¢CrUaI model.
Inoome Recognltlon
All incomlng resowces are inc1￿led In the Statement of Financlal Actfvities (SOFA) when the chaTIty Is legally
entttled to the income after any performan￿ cotbjitsons have ￿en me( the amount can be measured rellably
and It is probable Ihat the Incom6 ￿11 be re¢eSved.
For donatlons to be recognised th• charfty WMI have been nollfled of the amounts and the settlement date In
wrlung. If there are condlllons attached to the Ik)nation arKI Ihls requlres a level of ￿rfOrMance before
entitlement can be obtalned then income 18 deferred unil those conditions are fully met or the fulfilment of Ihose
condllions Is wlthln the control of Ihe charlty and It ts probable that they wlll be fullllled.
Golng Concern
Th6 financlal stalemenis havè been wepared on a golng conc*rn basls. However Ihere are concerns as to the
long term golng cown of Ihe charity. Total resources ex￿nded currently 0￿￿￿gh incoming resources and
the charity is belng funded through Its avaSlable cash reserves
Page 9

Préston & Western Lancashlre Raclal Equallty and Dlv6r81ty Coun¢ll
Note8 formlng part of thè flnanclal statém6nt8
for the year ended 31 March 2024
Re8trlcted
Funds
STAR
Unrestrlcted
lund8
Unlty Total
Total
2024
Total
2023
Total
REDC
2 Inveslment8
Interest received
3.182
3,162
3.162
473
473
3 Grants
Lancashlre County Councll
4 Other Income
PCC - Unlty Refurb fundlng
Subscriptions
Use of facllltles
HMRC JRS Grant
35,850
35,850
45
560
35,850
45
560
46
105
430
535
Total In¢omlng resource8
3207 36
10 39 617
S Transfer General Provl8lon
Page 10

Preston & Western Lancashlre Raclal Equall(y and Dlver8lty Councll
Notes fornilng part of the flnanclal statsmenls
for the year ended 31 March 2024
Restrlclod fund6
STAR
Total
Unre8trlctod funds
REDC
Unlty
Total
2024
Total
2023
Total
6 Chartlable aGtlv1168
Dlre
Adverlising and promotion
Bank charg99
Bad Debts.
DepT8clatlon
Insurance
Penslons
Project Expen8e8
Subscriptlons
Wages and salarles
542
3,170
2,049
171
1,500
333
22,611
3,170
2,049
171
1,51JO
333
22,611
3.170
2,049
171
1.600
333
22,811
2,659
1,948
140
319
21,557
30,398
30.398
Su
Alami malnlenance
Calering
Cl8aning and fefuse
Repalr8 and Maintanance
Heatlng and lighting
Postag&
Rale8
Software
stalk>nery and prinling
Sundry expenses
Telephone and internet
Water rat6s and charges
577
577
294
677
294
518
452
500
262
1,914
762
1,914
762
1,914
2,411
1,590
58
180
939
160
117
758
183
31
2,652
654
1,640
995
674
2,635
674
2,635
674
3,422
38.430
38,430
7 Govornanco 008t8
Accountancy fee6
1,170
1,170
1,170
1,168
1.170
Total Re8ource6 Expended
39,600
37,869
Page 11

Préston & W68tern Lancashlre Raclal Equallty and Dlvarsity Councll
Note8 formlng part of the flnancial statements
lor the year ended 31 March 2024
8 Staff Costs
Wages and salaries
Pension costs
2024
22,611
171
22.782
2023
21.557
140
The average number of employees , calcujaled on a part tlm6 equiva18nt basls, was:
2024
Number
2023
Numb8r
9 Pon8lon cost8
The Charty operates a gov&mment pensk)n scheme, underAutoEnrolmenl requlred ty UK law in which
members may opt out.
The charge for the year was £171 (140:£140)
10 Taxallon
The company Is exempt from CorpoTath)n Tax on Its ¢haritable actlvitles.
l Tanglblo flxed assets
Flxtur¢8
and
IT
equlpmont equlpment
Land and
bulldlng6
Total
Cost
At 1 April 2023
Addltlons In Year
Surplus on revalu8tEon
At 31 March 2024
150.000
28,105
30.996
209.101
27,477
177,477
27,477
236,578
28.105
30.996
Dèpr6clatlon
At 1 April 2023
Charge for the year
At 31 March 2024
43,014
2,950
45.
26,637
220
26,857
30,996
11)0,647
3.170
103.817
30,996
Net book valu¢
At 31 March 2024
Al 31 March 2023
131,513
106,988
1,248
1,468
132,761
108,454
12 Debtor8
2024
2023
Debtor8
Preston CC Reknbursment account
Prepayments and accrued Sncome
179
2,502
2,881
2.959
2.959
Page 12

Preston & Western Lancashlye Raclal Equallty and Divershy Councll
Notss fom)In9 part ofthe financlal Btatsments
for the year ended 31 March 2024
13 Inve8lments held a8 current a88et8
2024
2023
Yorkshlr8 Bank 2
Vlrgln Money
229
229
100.402
100,631
73.279
14 Credltor8: amounts falling due wlthln one year
2024
2023
Sundry creditors and accrua16
5,863
2,911
Al l Aprll
2023
Incomlng
r68ourc88
Outgolng
rasourGe8
Tr&n8fev8 At 31 March
2024
15 Non Rovaluatlon Ré8ervg'
115,366
116,366
16 Gen•ral fund8
REDC General aecount
147,326
3,207
34,990
115,543
17 Doslgnated lund8
ene
l T reserve
General provlskin account
Depr￿latIOn
Employers, Ilabllitle8 +
Unlty Communlty Centre
(27,199)
36,410
4,610
4,601
Total deslgnated funds
(27.199)
36,410
4,810
4,601
Total unrèstrlctad fund8
235,493
39,617
39,800
236,510
18 R08trl￿ed funds
At 1 Aprll
2023
Incomlng
r•source8
Outgolng
resourc98
Tran8fer8 At 31 March
2024
Total re8trlct8d fund$
Acoumulated fund8
235,493
39,617
235,540
The balance on restrlcted lund8 repr88ents the amount of funds avallable for speclfic projects or actfvwes
whlch were not flnlshed at the year end. The86 lund8 we therefor8 n8cessary to ￿mplete the projecl or
aciivity and are not a surplus avallable to the charlty for other purposes.
Page 13

Préston & Western Lancashlre Racfal Equallty and Dlver81ty Council
Notes fomilng part of the flnancial statements
for the year ended 31 March 2024
19 Statement of fund8
At 1 Aprfl
2023
Unrestrlcted fund8
Incomlng
rosourcas
Outgolng
resour¢66
Tran8foYs At 31 March
2024
REDC general account
Unity Community Centre
147,326
(27.199)
3,207
36,410
34,990
4,810
116,543
4,601
120,127
39,647
39,6QO
120,144
Restrletèd funds
Sfandlng Togethei Agalnst
Racism
Total
120,127
9,617
39,600
120,144
20 Analy816 of net a88è18 bbtwean fund8
Restrlcted Unrestrlctad
funds
flind8
Total
Fund balan¢e8 at 31 March are repre8ented by:
Flxed assets
Current asset Investments
Other assets
Current Ilablllties
132,761
73,279
35,333
(5,863)
132.761
73.279
35.333
(5,863)
236 510
onD
Strlbulable Res
rva
The property 5.6 Shephord Stre.et, Preston was valued at £180.000 by thg Manager , Mr Faruk D8S8i MBE ,
on 3110312024
P898 14