Charlty Reglstmtlon No. 1097768 Company Reglstratlon No. 04527878 IEngl•nd and Wales} ENFIELD RACIAL EQUALITY COUNCIL IA COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ENFIELD RACIAL EQUALITY COUNCIL LEGAL AND ADPAINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2025 Truste08 B B Betton (Chairl V Dungate (Vi£hr) R F Garland (Treasurer) B A De Souza T H Anang R Sadegh-zadeh H VPdlkxe S•crntary C Bhatra (Chief Execut1) Charfty numbor 1097768 Company number 04527878 Roglstor•d offic• Communty HLMJse 311 Fore Street Edmonton London N9 OPZ Independènt oxamimr Razzakul Haider Khan, MS¢, FCCA Chartered Certffied Accountant Brit Tax Accountants 132 High Streei Enffield EN3 4ET
ENFIELD RACIAL EQUALITY COUNCIL CONTEKrs YEAR ENDED 31 AqARCH 2025 Page Trustee5' r8pJt Independent examiners repcrft Statement of financial acbvit Balance sheet Ni)tes lo the finanual statements 9-13
ENFIELD RACIAL EQUALITY COUNCIL TRUSTEES. REPORT YEAR ENDED 31 MARCH 2025 The trustees present thr report and finanoa $tateftts for the year ended 31st March 2025. The a¢¢ounts have been prepared in acrIanCe wrth the accounbng policies set out in note 1 to the accounts and Compty wf(h the charivs Memorandum and Articles of Assockition, the Companies Act 2006 and 'A¢¢ounling and Reporting by Charities: Statement of Recommended Practice applicabl8 to chartties pparIng their a¢unt$ in axrydance wth the Finartial Rekyb'ThJ Slandard {FRS 102). HOW OUR ACTivrriES DELIVER PUBUC BENEFrr Our main activities and who we ty to help are described below and wrthin the charitable objects. Ail our charitable actNilies focus elirrinating raal discririnatkm and to pronKJte racial equality wthin the London Borough of Enfield ILBEI to fijrther our CharItsb purposes fr)r the publK benefrt. OBJECTIVES AND ACTMTIES The principal object of the Charity is lo elirrinate raaal dts¢riminati)n and to promote racial equality within the Lon(hM Borough of Enffield {LBE), to FKomote equalty of cffj)portunity, and to encourage co-operation among all people in the Borough without gard to ra. colour. ethnic ongin or sex in a mulli-ra¢ial society. The activities undertaken to acthEve these a thIgh C[venng p)Iy development, community support. assistance to individuals. public edu¢ab'on and work Dr00ramn. The trusl8e3 have also paid due regard to guidance issued by the Charity Ccffimission in deciding what activitEeS the charity Sh[ld undertake. ACHIEVEMENTS AND PERFORMANCE The charity has made good progress despite eXtren limited human and financial resources. engaged with key stakeholderyts at Strateg fora to ensure that needs and COnmS of Black and Minorty Ethnic IBAME} communthes were induded in iheir FleS and services. We kept our membors and neorkS informed of our work and also ConYed key messages from statutry and votuntsry tthies on their services and policies. We are proLKI to reFrfJrt that our Board rnbers, Dungate tvice-chairl and Suhas Khale, received Enfield's Lifetime Achievement Awards in March 2024, fdlowing norrinatK)n by EREC. Mr Khale has since resigned from the Board for health reasons but we are delMJhted that he has accepted the role of EREC'S V¢ce-Presiden( offered lo him due to his long4emi conrritnn[ experse and hard Yrk over many years. Congratulations to them both. On a sad note, we had to bid farewell to three of wr INKJ-Standing, dedicAted members and 8x-truslees.' Leslie Dubow, Roger Hallam and Shirin Hdlam. Mr Dub(yw was one of the main founders of the organisation in 1976 arKI later becan* VwPreSKJent He was instrumental in its govemance and development in the earty yeats and in achieviTrJ initral funding from Enfiekj Council and the Commission for Racial Equality for staff and projects. The Contribul) ty them all to the charity. spanning nearty So years, was greaty valued they will be deepty missed. Some of our work is highlighted beb•r. London B(wough of Enfield (LBE) Contract EREC'S contrxt with Enfield Counal has ntrw been exlended up to March 26 with a view to extendlng teyond that. The project provides equalities $UpF on matters of race and ethnicity to ensure that Enfield residents can access universally aValae avbce and guidance as summari beh)w.' Knowledgeable support to Ihe Council and its parts)ers on a wide range of Fyolicy issues that are impacted by race eqlIty induding heatth, comrwnty safety anl employment. Advi and 5UPP(¥t to Ioc01 residents and o)mrNnty groups on issue5 relating to race equalities., sUpt signposb'ng to vulnerable members of Ihe COtrnrtY who may be affected by issues
ENFIELD RACIAL EQUALITY COUNCIL TRUSTEES. REPORT (Continuèd) YEAR ENDED 31 PAARCH 2025 arising from race inequality.. Opportunities to engage in pOve rrfities that prOts rac8 equality as a key issue in the borough., Support into vdunteering activities in the borough; Informed input into strategic foruff6 that deliver serviw to our residents. Poll¢y A major part of EREC'S role is to provide ad. support arKI guidance to policymakers and service providers on equalities iSSLkS as a tttb'cal friend. VIÈ are rewesented on strategic fora, including - LBE Volunlary arKI Communty Sector Strategy Steering Group The North Central LorKlon ICP Group's Voluntary Stakeholder Referen Group Enfield Hate Crime Forum NCL Integrated Care Partnership Board Inequalities Delivery Board LmOtIon CORE Group and Inequalities Subgmup LBE Equalrties Board The Cost-of-Living CriS Network EnCAF Enrd Climate Action} Failh Forum Our Strategic Race and Equalities Forum {SREF} was ints1 fuThJed for develq)ment work by the Greater London Authority (GLA}. The initialNe recVed tremendous SUPFQrt and a demand for seriou$ discussions and collaborative w[ to mve race and equalities issues foThvard. EREC engaged with policy makers and Servi providers through regular participation in forums suth as the LBE Equalib'es 8oard, Integrated Care Partnership Board and its suk¥roups but hopes to secure fvnding for the Race and Strategic Equalities Forum to carry out this work con&stenty and on an On9ng basis. 'Unlted forall Seasons. Project EREC received fvnding from the Nath)nal Lottery Communty Fund for a ce year communlty Gohesion project which brought together participants from our dNerse Enfield communities to dtscuss the seasons and meaning and importance of festivals and ltural events. 'Unlted for all Soa8ons' was launched at the AGM 2024 and kncked off the summer Celebrations. Three sucLessful events have been held so far with excellent parbapatron and very positbve feedback. AJI events provKled inforrnation and 8wareness raising on important topical isSL, such as the cost-of4Mng crisis. fcoj povety, cli change and equalities, plus on&tO-one drop4ns for aJvi¢e and snPting. Paiticipants joined in by sharing their stories, memories and poems and teaming up for trNkq quizzes. The final 'Spnng' event to be held in April 2025 will conGludo th8 project Through lebratITj commonalities as well as d5fferences, the project aimed to help unite our communf(ies and strengthen latnShipS. This has been particularty important in term5 of the increase in povety and dewvation due to Covid. the o)st-of-INing crisis and devastating global confiiGt, with rising incidents of anti-semitism and IsLqrTh¥thotAa because rt t*OUght people together and helped them to connect Feedback so far has revealed 100% enioyTYtnt of the prwe¢t adivities, particularly: the presentations on climate change, physical aThJ mental weRteiThJ, winter warmth, weffare support and debt advice., mixing with others and ioinirYJ in group tlYrt. suth as quEzes and gentle exercise., gaining important informatv)n, advice and suppor[ sharing f(Jod and conversation.. interacting and contriting thr skills and talents. Following popular demand lo continue yth such projects, we vrill be sed(ing funding for our next comnwnty project with a similar focus.
ENFIELD RACIAL EQUALITY COUNCIL TRUSTEES. REPORT (Continued YEAR ENDED 31 MARCH 2025 Awareness Ralslng EREC raised awareness on and equalities issues through partrjpaing in consultations on policies and services of strategic bodies. Regular e-bulletins Conveyed to1 informknn and (wr work was also publiejsed al events. Advlco and Inforniation We ar8 continuing to provide assistance to individuals organisations regarding race specific issues and also provided confidential one to one adv drop-in$ at our events. STRUCTURE, GOVERNANCE AND IAANAGEIEKr The organisalK)n is a charitable company limited by guarantee. incorporated on 5 September 2C(12. The company was estatAished under a MenKJrandum of AsscKiats"on whh established the obj.ects and powers of the charitatAe company and is govemed under its Articles of Association. The trustees. who are also the drectots for the purpose of corypany law, aryj who served during the year and up to the date of signature of the fi'nanual staterts were: B B Betton {Chair} V Durtgal8 (Victrchairl R F Garland (Treasurer) T H Anang B A De Souza R Sadegh-zadeh H Wallace MEMBERSHIP OF EREC Mernb8rship is free and open to indNiduals who live work in Enfld and to organisalTrons operating in Enfield. who are committed in fvrthering the work of the REC. Twstees are recruited from the EREC membership by dection at the Annual General Meetsng. Any Vaca85 which remain are filled through co- opt'on by the Board. The Board COnsts of not rrre than 18 membeTr: 4 h(xrary offic&rs,' 10 trustees,. 2 local authority representstives.. 2 co-opted members. Elections for trustee vxancie5 take place annualty at the Annual General Meeting by thirds and eld trustees each serve for a three-year period. Honorary officers are also elected al each AGM by means of a ballol aThJ hobj ofte for a tenn of one year. l elected members should serve for their specified term, subie¢t to their annual renevral of rrembership. At the conclusion of their lem) of office. they are requested to resrgn and are eligible to be noffinated for re- election to the Board of Trustees. Eibility All voting members of EREC are e1ible to stand for eknon to the Board of Trustees, to nominate and to vote, provided thaL' they are individual mernbers and have been in membership continuously for a Fericml of six months prior to the AGM. they are nominees of affiliated organisations aThJ have been a nominee for a period of six months of the organisation which has also been affiliated for a period of six months continuousty prior to the AGM.
ENFIELD RACIAL EQUALITY COUNCIL TrUSTEES' REPORT (Continued) YEAR ENDED 31 MARCH 2025 INDUCTION AND TRAINING OF TRUSTEES All individua15 accepting rMinationS for election are asw to sign a DecLgratTron of Acceptance which spells out the dui'es of trustees. Upon their apFrfntmert trustees are gNen an Induction Pack providing information about Enrd Racial Equalty Couwl, its and pro¢edures. New trustees also receNe training, along with their colleagues and tske part in strategic reviews and planning days. They are also invited to events held by EREC, some of whh provide infomiatKJn and raise awareness on lat8St issues oncerning re and equalities. Opporiunities to attend courses, such as those provided by Enfield Voluntary Action are offered throughout the year, with topics including Govemance other issues ConmIng voluntary sector managernenc leadership. inenCing poiiw mak•5, Oto PLANS FOR THE FUTURE The need for ra equality work is growng (ywirvJ to the political and sockil environment, such as risir¥J right-wng activity and last summerfs riots, but EREC is facing extrerre financial challenggs threatening our ability to Continue to provKle services. However, wll be undertaking a review of our financial resources to ensure sustsinability for EREC and will conts'nue to seek frjnding from suitable sources lo meet our aims and obJ"e¢ts'ves and develop projects whb t community needs. 8ither indNidually or in partnership. In particular, we hope to obtain fijrther funding to buikl upon our preVS Herrtage and Seasons, Projects. Next year, 2026, EREC athes its Soth annNersary and is plannir¥J lebratIonS and actwities to mat this important milestone. GOVERNANCE AND INTERNAL CONTROL The trustees have conducted a review of the major risks to which the charrty is exposed and systems have been established to mikn.gate those risks. The Irustees reguL8rty revEw their internal Control systems to ensure that all intemal risk5 are minimised arKI ensur• the consi$lent qualty of dglivw of all operational aspects of the charitabk company. RESERVES POLICY The trustees of the charity have established a policy whereby the unrestrthd funds held by the charity shoukl be between 3 and 6 months of the c#)st of charrtable actNits. At this level. the trustees feel that they would be able to continue the current activrties of th8 charity in the event of a signifsGant drop in funding. FINANCIAL REVIEW During the year under revw. the Chanty getwated totsl revenues of £45.980 (2024: £33.550). The accounts ShC a net deficit for the year of £7,42812024. £18,056 deficit) and dosing reserves of £19,923 {2024= £27,351). STATEMEKf OF TRUSTEES. RESPONSIBILMES The tfuslees, who are also the dir8¢tLYS of Enfietd Raal Equalty CourKal for th8 wrpose of company law, are responsible for preparing the Trustees, Report and the financial 5tstements in B¢¢ordance with applicable law and United Kingdorn Accounting Stsndarts (LIn11 lQ'ngdcYn Generally Accepted Accounting Praclicel. Company Law qUireS Ihe trustees to prepare financial statern8 for each finaTKial year whith give a true and fair view of the state of affa'rs of charity and of the irming resources and applirAtion of resources, including the income and expenditure. of the charitable company for that year.
ENFIELD RACIAL EQUALITY COUNCIL TRUSTEES. REPORT (Conlinued) YEAR ENDED 31 PAARCH 2025 In preparing these finala1 statnts. the trustees are required to.. select suilable accounting 1leS and then appty them consthnty; observe the methods and printiples in the Charities SORP" make judgements and estimates that are reasonable and pnJd8rt and prepare the ffinancial slatements on the wng concem basis urkn it is inappropriate to presume that the ¢harty will ¢ontinue n opeth'on. The trustses are respcmsible for keeping adequ8te arxounting records that disclose th reasonable aracY al any time the financial position of the charity and erthle them to ensure that the financial ststements comply the Companies Act 2(. They are also responsib for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and deteclM)n of fraud and other irregularities. Betton {Chairj Datsé.. 1510912025
ENFIELD RACIAL EQUALITY COUNCIL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 31 PIARCH 2025 Independent Examln•rfs Report to thè Tntstaos of Enfield Rxial Equallty Councll I report on the accounts of Enfiehj Racial Equality Counral {Chanty number 1097768, Con¥Jany number 04527878) for the year erKled 3111 March 2025. whith are set on pages 7 to 13. Respectlve Responslbllllios of T18 and EXamIr The trustees (who are aLso the directors ol ttle company for the purposes of company lawl are r88ponsible for the pparatIOn of th8 accounts. The tharty's injstees consider that an audit is not required for this year under section 144 of the Charities Acl 2011 (the Charities Act) and that an independent examination is needed. l am qualified to undertake the examination by being a qualified member of the Association of Chart8red Certified Accountants. It is my responsibility to.. examine the accounts under section 145 of the Charliies Act, follow the procedure3 laid dthvn in the general Directions gNen by the Charty Commisslon {under Seclion 145{5llb} of the Charities Act. and stste whether PartUlar mtters have corrE to my attention. Baglg of Indendrtt Examlner's Statemtrnt examination was carr*d out In acx0rdan with general Oirections given by the Charty Commission. An examination includes a revie•V of the accounting recorts kept by ihe Charity and a compartson of the a¢courrtS presented with those records. It also includes consKleration of any unusual item5 or disclosures in th8 accounts and seeking explanatpJn5 from the trustees cortrcemiNJ any swh matters. Th& procedures undertaken do not provide all the eviden¢e that woukl be required in an audft. and consequently, no opinion given as to whether the lnts present a 'true and fa view and the rewt is limited to those matters set out in the statement below. Indèpendent Examln•rfs Ststom8nt In connection with my examinaiion. no matter has Come to my attenn to indicate that.. accounting recorfs have not teen kept in accordanc8 wiu) seclion 386 of the Companies Act 201K", the accounts do not accord wih suth records.. where &¢ounis are prepared on an accruals basis. whether they fail to comply with relevant accounting requirements unts section 396 of the COryan kt 2006, or are not consistent wth th8 Chariti85 SORP IFRS102> any matter whh the examiner bel85 shouhj be drawn to the attents'on of the reatjer to galn a proFer undarstsrKling ofthe accounts. Razzakul Haider Khan, MSC, FCCA Chartered Certffied Accountant Brit Tax Accountsnls 132 High Street. EnfEld, EN3 4ET Date.. 15 September 2025
ENFIELD RACIAL EQUALITY COUNCIL STATEMENT OF FINANCIAL ACTIVITIES (INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 PAARCH 2025 Total funds 2025 Total funds 2024 funds funds 2025 Incomlng Resources Charitable actNfties other income 25,000 1.200 19,780 44,780 1,200 25,500 8,050 Totsl Incomlng Re80ur¢es 26,2DJ 19.780 45.980 33.550 Oulgolng Rfjsourc Charitable actNities 36.985 16,423 53,408 51,606 Nèt Incomingl{Outgoing8) and Not Movemfrnl In Funds for ts Year {10,785) 3,357 (7,428) {18.0561 Total Funds Brought Forward 27.351 27,351 45,407 Totsl Fund8 at 31" Paarch 2025 16.566 3,357 19,923 27,351 The statement of financial actNilies indudes all gains and losses in the year. Al inojming resources and resources expended derive from contnuing actwities. The statement of financial activithes complies the requirem8nts for an income and expenditure anI uThSer the Companies Act 2006.
ENFIELD RACIAL EQUALITY COUNCIL BALANCE SHEET AS AT 31 MARCH 2025 2024 Fixed Assets Tangible assets 757 1,009 Current Assets Cash at bank and in hand 21,073 28.151 21.073 28,151 Current Llabllltle• Creditors: amounts falling due within one year Other creditors 10 1.907 1,809 1,907 1,809 Net Curront As80ts 19,166 26,342 Totsl Net Assets 19,923 27,351 Funds Restricted Funds UnStricted Fund 3,357 16,566 27,351 Total Funds 19,923 27,351 The company ts errtitl8d to the exemption from the audit requIrerrt contalrEd in section 477 of the Companies Act 2006. for the year ended 31 Mar( 2025. The trustees acknowledge their responsibilities for ensuring th the ¢hartty keeps accounting records whh compty with section 388 of the Act and for prepanng finanryal ststements which give a true and fair view of the state of affairs of the comparry as at the end of the financial year and of ils incoming resources and appli¢atbJn of resources, induding its income and expendrture. for the financial year in accordance with the requirements of seclions 394 and 395 and whh otherwse comply with the requirements of the Companies Act 2006 relatino to financial slatements. 80 far as appluble to the compary. These finanal statements have been prepared in accordarKe wilh the provisions applicabb to companies subject to the small companies. regim8. The accounts were approved by the Trustees on 15 September 2025. B Betton ChalrlTrust•è
ENFIELD RACIAL EQUALITY COUNCIL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Accountlng pollcl•s Company Inforniatlon Enrd Raci81 Equalty Counal a private coThwny livThied by guaranteè inrPLYated in England and Wales. The registsred office is GonNnunty F)use, 311 Fore Street, EdntOn, London, N9 OPL 1.1 Accountlng convention The financi statements have been prepared in aG¢dance with the charity's tgoverning documentl, the Companie5 Act 2TrJ6 and Accounting and Reporting by Charities.. Statement of Recommended Pracb'ce applicable to charities preparing their CoUnts in accor(JanGe with the Financial Reporbng Stsndard applicable in the UK {FRS 102}. The charrty a PublK Benefit Entity as defined ty FRS 102. The charity ha5 taken advantage of the prDvBions in SORP for tharities applying FRS 102 UpSate Bulletin 1 not to DreDare a Statement of Cash FlowE. The financial ststements we prepared in sterfing, which is the functAMal currency of the charty. Monetsry 8mounts in these finala1 Statem are rounded to ihe nearest £. Thg aGGounts have been prepared on the historical cost (ventiOn. 1.2 Golng concern At the time of approving the financial statenwts, the trustees have a reasonable expectstton that the charity has adequate resources to continue in operatnal existence for the nexl 12 rrL)nths. Thus the trustees continue to adopt the wng concem basis of aco)unting in preparing the finan¢ial statements. 1.3 Charllabl• fund8 Unrestricted funds are awailthe for use at the di8CTebon of trustees in furtherance of their chaiitable Restricted funds are suct trj speclfic conditions ty dThr$ as lo how they rrray be used. The purposes and uses of the restricted funds a set out in the rths to the Kcounis. IA In¢omlng ro8ources All incoming resource$ are induded in the Statemert of Financial Activiles (SOFA) when the charity Is legally entitle(I to the income after any perfOan conditions have been the amount can be measured reliqbty and il k8 probable thatthe Ir will be recerved. All grants receN8te are u&Yited to the income and èxFndire account to whKh they relate provided receipt is certain, moasurabk & the charity has entiUThnt Donations are credited to the irtome and experhliture w)unt in the year of receipt of the donation. 1.5 R8sour¢8s oxpended Expenditure is recogni5ed on an accruals basis as a Ikqbilrty is irKurred. Expenditure inGlud8s VAT as tha Charity is exempt from registration for VAT aTrts therefore is reFQrted as part of the expenditure to which it relates. Govemance costs include those costs associated wilh ffeting the constitutional and statutory requirements of the charlty and indude aCnts fees and wsls linked to the strate3ic mnagement of the charity.
ENFIELD RACIAL EQUALITY COUNCIL NOTES TO ThE FINANCIAL STATEMENTS (Continued) YEAR ENDED 31 MARCH 2025 1.6 Tangibl• fixed a88ets and t)eprnclali Tangible fixed assets are initialty measured at cosL Depreciation is recognised so as to write off the $t of assets * tsir resKlual values over their useful lives on the folhy•Ang bases: Fixtures, fittings & eqUiprt 25% per annum on a redwng balan bas. 1.7 Employoe b•neflts Tha cost of any unused holiday enbtleff£nl is recrynised in the Feriod in which the employee's ser are received. 1.8 Rotlrem?nt beneffts Payments to defined Contributi rth"rement benefft sthemes are d)arged as an exp8nse as they fall due. Charftable actlvlti Tolal Funds 2025 Total Fund$ 2024 Funds 2025 Funds 2025 London Borough Of Enfield CF - United for ail Seasons FurKI Greater London Aulhority 25,000 25,000 19,780 25,000 19,780 SC 25.c()O 19,780 44,780 25.5(K) Other Incomo Unrestricted Restrlctod Fun Fund8 2026 Total Funds 2025 Total Funds 2024 Local Motion {Payment of fees} 1.2fM) 1,21)) 8,050 1,2fy) 1,200 8.050 10-
ENFIELD RACIAL EQUALITY COUNCIL MOTES TO THE FINANCIAL STATEMEMfs Icontlnued) YEAR ENDED 31 PaARCH 2025 Outyolng Resources: Charitable activit unrestr1c Restrlcted Funds Funds 2025 2025 Total Funds 2026 Totsl Funds 2024 Staff costs 26.978 252 13.108 40,086 252 39,186 336 Depreciation impaimient Rent & servKe d)arges Insuran 3,500 227 3,500 3,50D 408 227 A¢countancy fees Telepho Printing, postage and ststionery LBE NofvDcrfnestic Rate 300 300 90 90 269 327 792 Event Costs 1.e61 1,861 262 1,155 873 Meetings & conferences Subscriptions Penon Reassure & SL James for CEO 203 203 397 4,719 4.719 4,719 51 Travel and subsister IAÈbsilel Equiprrent 320 320 36,985 16.423 53,408 51,606 Support and Governance Costs General Gov8rnanG• Total Rent & servi charges Insurance Printing, postsge and stationery Legal and Professional fees 3,500 454 269 600 454 269 600 4,823
ENFIELD RACIAL EQUALITY COUNCIL NOTES TO THE FINANCIAL sTATEmErs (Continued} YEAR ENDED 31 MARCH 2025 Employees 2026 2024 The average nNJnthty nunJer of 8yeeS during the year was: Employmant costs 2025 2024 Net Salary Social security costs other penon costs 28,028 8,501 3,459 28.390 7,429 3,367 39.988 39,186 No employees had eryloyee beneffts in excess of £60.tKKJ. The charity trustees were not pald or recewed any other benefrts from employment with ihe charity i) the year, nerther were they reimbursed expenses during the year. No d)artty trustee received payrnentfor wofessiond or other services supplied to the charity. The gross remuneration of key m8nagement personnet {Chief Exe¢utive Officer) of the charty were £22.02912024. £21.449) Retlrement benerrt xhemes D•fined contribution $ch8m88 Ttte charity operate5 a defined ccfftribution pension sdleme for quali"ng employees. The assets of the scheme are held separatety from those of the charity in an independendy administered furMI. The charge to profit and kjss in respect of definJ cOntribun SLttIerr was £8,08612024: £8,086}. Tanglble fixed a880ts Flxtures, rrttings & equipment Blfv Additions 21,623 At 31 March 2025 Deprocialion Blfyvd Depreciation charged in the year 20,614 252 At 31 March 2025 20 Carrylng valuo At 31 March 2025 At 31 March 2024 12-
ENFIELD RACIAL EQUALITY COUNCIL NOTES TO THE FINANCIAL STATEMEKfs (Continued) YEAR ENDED 31 MARCH 2025 10 Creditors: amounts falllng duo wlthln on• year 2025 2024 Accountancy fees PAYE & PenSiS 600 1,307 600 1.209 1,907 1,809 11 Anatysls of not 8880ts b•tw•on fund8 Unrethcted Funds RtrIcted Funds Totsl Funds Tangible ass&ts Currtrnt assetsl(liabilities} 757 757 357 12 M¢)v•mont8 In funds Total Funds Brought Forwa Totsl Incomlng Totsl Totsl Funds Carrlod Forward Restlted fvnds Unrestricted funds 19.780 16,423 3,357 27 13 Relatsd party Iransactlons There were no disdosable related party transactio1 duriro tho year. 13-