REGISTERED COMPANY NUMBER.. 05843319 (England and Wales) REGISTERED CHARITY NUMBER.. 116970 Rèport of the Trustees and Unauditgd Financial Statemgn15 for the Year Ended 31 March 2024 for North Walès Reglonal Equallty Network Ltd Salisbury & Company Chartered Accounlanls Irish Square Upper Donbigh Road Sl Asaph Denbighshire LL17 ORN
North Wales Regional Equality Network Ltd Contents of the Financial Statements for the year gnded 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Flnanclal Activltle$ Balan¢e Sheèt Notgs lo the Flnan¢lal Statements 7 10 15 Dotalled Statement ot Financlal Activities 16
North Wales Reglonal Equality Nehvork Ltd Report of the Trustees for the y9ar gnded 31 March 2024 The Iruslees who are also directors ol the charity for the purposes ol the Companie5 Act 2006, present their report with the financial slalemenls of the charity lor the year ended 31 March 2024. The Iruslees have adopted the provisions of Accounting and Reporting by Ch3rilies.' Slalemenl of Recommended Practice 8pplicable lo charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims North Wales Regional Equality Network INWRENI is a registered charity, with 24 years, experience in dolivering service5 to North Wales. Wè aim our services lo the individuals who are marginalised and l or identified under the protected characlerislics of The Equality Acl 2010. Our services and activities are designed lo address discrimination in day-lo-day life. Our primary business aclivilies, funding and l or grants ware generated Ihrough partnership work with the Welsh Government, Voluntary Serlices Councils, Race Council Cymru, Gwynl Y Mor, the Oldef Peopl8's Commissioner and North Wales Community Cohesion, Alms and objectlves NWREN is commilled lo.. Challenging all forms ol direct and indirect racism Supporting partnèrs inilialives lo challonge discrimination against individuals and groups Increasing awareness ol the impact ol discrimination and prejudice on peoples, lives in North Wales Promoling eqLJalily education, training and aclion.planning with the public, voluntary and private sectors Increasing the aw8reness of Ihe valuo ol all groups al risk ol social exclusion lo make a posilive contribution lo social and economic Ille In a Ihriving North Wales, The reduction of hate crimg, especially race hale crime Supportino communication beeen service users and providers in keeping with the Anli-Racisl Wales Action Plan IARWAPI Implementing policies lo promote good practice Developing partnerships wilh sister organisalions Further lo the abov& objectives bul not otherwise. the Charity may undertako the followin9 functions lo highlighl Ihe issues and experiences ol minority individuals and communities by.. Challenging all aspects of discrimination Informing mainstream organisalions about the marginalisalion and diversity of need within thèir communities Promoting innovation and good practice within the consullalive process Raising awareness and educating the communily. volunleor organisalions. slalulory bodies, business and individuals about equality Issues Conducting empirical r05earch and gathering slalislical data raising awarenoss of Ihe impact ol discrimination and genoraling an appreciation ol the exlenl and long torms effects of rural discrimination within the Welsh context The Iruslees have paid duo regard lo guidance issued by the Charity Commission in deciding what aclivilios the charity should undertak&. ACHIEVEMENT AND PERFORMANCE Charitable. activitles Despite the oconomic climate continuing lo be uncertain, Ihe achievements in the last two years have been remarkable. With strong infraslrLJ¢lure and policies In place we continue lo grow and move towards a more slralogic and commercial approach lo long term funding. OLJr priorities are lo combat racism 8nd discr1minalion and lo extend our education81 Wofk. whenever possible ir) partnership with voluntary sector organisalions that share our equality obieclives. Secondly, we will continuo our tollaboralion with public-seclor bodies, as 'crilical friends, supporting the development and implemenlaliorn (Il their oquality policies and exchanging good practices. We intend also lo represent the particular inlerosls ol north Walos and beyond Ir) th9 development of equality policy al a national level. Vve will continue lo seek funding lor Ihis work and lor the core funding ol NWREN Page 1
North Wales Regional Equality Network Ltd Report of the Trusteès for th& year endèd 31 March 2024 FINANCIAL REVIEW Financial position The turnover lor the year under review was £112,39012023". £120,085.) The company will continue ils efforts lo improve ils Income streams through innovative businegs practices and widening partnerships. We have balanced the budget throughout the year w11h cost reduo110n strategies and good cash managemgnl wilh a onlinued ernphasis on (he need 10 Secure long-lerm sustainable growth. 11 is the policy ol the charily that unreslricled funds, which have not been designated for a specific use, shDuld be maintained al a level equivalent lo six lo nine-monlh's expenditurè. The Iruslees considers that reserves al this level will ensure Ihal, in Ihe evenl ol a 5ignilicanl drop in funding, contingency funds will be in place. This will enable the charity lo continue current activities while consideralion Is given lo ways in which additional lund5 may be raised. This lovel of reservgs has beeT) maintained Ihrou9houl the year. Prlnclpal rlsks and uncèrtalntle$ Rlsk Managèment Tho Iruslees have assessed the major risks lo which the charity Is exposed and are satisfied that systems aro in plac8 lo mitigate exposure lo Ihe major risks. The Iruslees conslanlly monitor the potential risks through framework lor risk iclenlilicalion. evaluation, miligalions and management every quarter. Recrultment and appolntment on new trustèès The Irusl&es ol NWREN, the charity, are the same as tho Directors ol NWREN the Company Limited by Guarantee. The diroclors may, al any lime, co-opt any person lo the board of directors whether or not they are a member of the charity, provid&d the maximum number prescribed in Articles 38 is not exceeded and that no more than throe such co-oplions shall be made beeen one Annu81 Gènèral Meeling and the next. All persons 50 co-opted shall retire al the Annual General Meeting following their co-oplion bul shall be eligible lo for reappointed Ihèroaller. None ol tho Iruslees has any beneficial inloresl in the company. All ol the Irusle8s are members ol the company and guarantee lo contribute £1 In the evenl ol win(Jing up. Organlsatlonal structure The organisalional structure ol NW REN members is explained in ils governing documents with the addition ol 8 range of subgroups. The organisalional slrucluro ol NWREN is hief8rchic81 with thè Chief Executive lakirig management responsibility lor the delivery of Ils aims, objective5 and projects. All activities aro accounted for via the off icer's report al oach Board Meeting. Induction and training of new trustees All Irusle&s are issued with an indu¢lion pack containing all ol the pertinent polici8s and procedure5 and a copy ol the hl.onitsraiidum and Articles ol Association. All training anci devolvijmpnl offorod lo $18ff if 3ppfopiidle, a150 made available lo Board membors. Wider Ngtwork NWREN has a number of protocols in place lo sustain ils operational relationships. Theso are de51gned to ensure the efficient and confidential signposting ol individuals from a minority ethnic background who have undergone racist abuse ol any nature. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils governing document, a deed ol Irusl, and conslilLJlÈs a limitèd compar)y, limited by guaranloe, as definèd by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registerèd Company number 05843319 (England and Walosl Page 2
North Wales Regional Equality Network Ltd Report of the Trustees for the year gndèd 31 Marth 2024 Registered Charity number 116970 Re9iStered offic¢ The Equality Centre Bangor Road Penmaenmawr Conwy LL34 6LF Trustees Ms M E A Holmes Manager Ms J S Mfikela Arlisl Ms R S Parry Social Worker Professor R S Moore Retired Company Secretary Mr R Moore Indèpendent Examiner Salisbury & Company Chartered Accounlanls Irish Square Upper Denbigh Road Sl Asaph Denbighshirg LL17 ORN Approvad by order of the board ol Iruslees on JStknn&c2Lnb.2D2II and signed on Ils behalf by.. Professor R S Moore - fruslee Page 3
Independent Examiner's Report lo the Trustees of North Wales Regional Equality Network Ltd Indèpèndènt èxamlner's rèport to thè trusteès of North Walès Règional Equality Network Ltd I'the Company.) I report lo the charity Iruslees on my examination of the accounts of the Company lor the year ended 31 March 2024. Rèsponsibilities and basis of report As the charity's Iruslees ol the Company land also Ils directors lor the purposes ol company lawl you are responsible for the preparation ol the accounts In accordance with the requirements of the Companies Acl 20061'lhe 2006 Acl'l. Having satisfied myself that the accounts ol the Company are not required lo be audited undèr Part 16 of the 2006 Act and are eligible lor independent examination. I report in respect of my examination ol your charity's accounts as carried out under Seolion 145 01 the Charities A¢1 2011 I'lhe 2011 A¢l'l. In carrying OLJI my examination I have followed the Directions given by the Charity Commission under Section 145151 Ib) ol the 2011 Act. Independent examinor's statement I have completed my examination. I confirm that no mallers have come lo my allenlion in eonneclion with Ihe examinalion giving me cause lo believe.. accounting records were not kept in respect ol the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of Section 396 01 the 2006 Act other than any requirement that the accounts give a true and lair view which Is not a maller considered as part of an irndependenl examination", or the accounls have not been prepared In accordance with the molhods and principles ol the Slalemenl ol Recommended Practice lor accounting and reportin9 by charities lapplicable lo charities preparing their accounts In accordancg with the Financial Reporting Slandard applicablè In lh8 UK and Republic ol Ireland IFRS 10211. I have no concerns and have come across no other rnatters in connection wilh the examinalion lo which allenlion should be drawn in this report in order lo enable a proper understanding ol Ihe accounts lo be reachod. Aled Roberts FCA Salisbury & Company Charterèd Accounlanls Irish Square Upper Dènbigh Road Sl Asaph Denbighshire LL17 ORN Dale.. Iq-iJ-J4 Page 4
North Wales Regional Equality Network Ltd Statement of Financial Activities for the year ended 31 March 2024 2024 Total funds 2023 Total funds Unreslricled fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 7,960 7.960 Charitable activlti¢$ Charitable expenditure 100,991 100.991 118,089 Other trading activities Investment income 2,000 1.438 2.001 1,438 1,996 Total 11,398 100,992 112,390 120,085 EXPENDITURE ON Charitable activlliès Charitabl6 expenditure 30 79,049 79,079 136,314 NET INCOPIIEIIEXPENDITURE} 11.368 21,943 33.311 116,2291 RECONCILIATION OF FUNDS Total funds brought lornard 192,402 36,694 229,096 245,325 TOTAL FUNDS CARRIED FORWARD 203,770 58,637 262.407 229,096 The notes form parl ol these financial slalemenls Page 5
North Wale5 Regional Equality Network Ltd Balance Sheet 31 March 2024 2024 Total funds 2023 Total funds Unreslricled fund Reslricleos funds Notes FIXED ASSETS Tangible assets 12 150,000 6,351 156,351 150,000 CURRENT ASSETS Deblors Cash 81 bank and in hand 13 18,278 37,059 18,278 89,345 49.011 66,162 52,286 55,337 52,286 107,623 11S,173 CREDITORS Amounts falling due within one year 14 11.5671 11,5671 136,0771 NET CURRENT ASSETS 53,770 52,286 106,056 79,096 TOTAL ASSETS LESS CURRENT LIABILITIES 203,770 58,637 262,407 229,096 NET ASSETS 203,770 58.637 262,407 229,096 FUNDS Unroslricled funds Reslricled funds 15 203,770 58.637 192,402 36,694 TOTAL FUNDS 262,407 229,096 The charitable company is enlilled lo exemption from audit under Sgclion 477 01 the Companie5 Act 2006 lor Ihe year ended 31 March 2024. The members have not required the company lo obtain an audit ol ils financial slalemenls for the year ended 31 March 2024 in accordance with Section 476 01 tho Cornpanie5 Act 2006. The Iruslees acknowledge their responsibilities for lal ensuring that the charitable company keeps accounting records that Comply with Sections 386 and 387 01 the Companies Act 2006 and preparing financial 51alemenls which give a true and lair view ol the slate ol affairs of the charilable company as al Ihg end DI each linancial year and ol Ils surplus or delicil lor each financial yoar in accordance with the requirements ol Sections 394 and 395 and which olhetwise comply with the requirements ol the Companies Act 2006 relating lo financial slalemernls, so far as applicable lo the charitable company. Ibl The50 linancial 51alemenls have been prepared in accordance with the provisions applicablo lo charitable companie5 subject lo Ili¥ biiidll ¢viiipJnI¢ regi'.?its. The financial slalemenls were approved by the Board ol Trustees and aulhorised for issue 1.gth.December 2024 and were signed on ils behalf by on Trustee The noles form part of these financial slalemenls Page 6
North Wales Regional Equality Nelwork Ltd Notes to the Flnancial Statements for the year ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial slalemenls ol the charitable company, which is a public benefil entity under FRS 102, have been prepared in accordance wilh the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 102} lefteclive 1 January 20191., Financial Reportln9 Standard 102 'The Financial Reporting Standard applicable In the UK and Republic ol IfelaT)d' and the Companies Act 2006. The lingncial slalemenls have been Pfep8red under Ihe historical cost conv8nlion. Accounting convention The financial slalemenls have been prepared In accordance with the charily's Igoverning documenll, tho Companie5 Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland l FRS 1021 and the Charities SORP "Accounting and Repotiing by Charities". Slalemenl ol Rocommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021" leffeclive 1 January 20191. Tho charity is a Public 8enelil Entity as defined by FRS 102. Th8 charity has taken advantage of the provisions in the SORP lor charities not lo prepare a Slalemenl of Cash Flows. The financial slalemenls are prepared in sterling, which Is the lunclional currency of Ihe charity. Monetary amounts in these financial slalemenls are rounded lo the nearest £. The financial slalemenls have been prepared under the historical cost convention, Imodilied lo include the revaluation ol freehold properties and lo Include investment properties and certain financial Instruments al fair valuel. The principal accounting polici&s adopted are sel out below. Income Income is recognised when the charity is legally enlilled lo il aller any performance conditions have been mel, the amounts can b8 measured reliably, and il is prDbablo that income will be received. Cash donations are recognised on receipt. Other dona110ns are recognised once the charity has been nolilied ol Ihe donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation lo donations received under Gift Aid or deeds ol covenant Is recognisod al Ihe lime ol the donation. Legacies are recognised on receipt or otherwise il the charity has been nolilied ol an impending dislribulion, the amount is known, and receipt is expected. 11 the amount Is not known. tho legacy is Irealed as a conlin9enl asset Expendlturè Expenditure 15 recognised once therè is a legal or conslruclivo obligation lo Iransler economic benefit lo a third party. il is probable that a Iransler ol economic benefits will b8 required in selllemenl. and the amount ol the obligation can bo moasufod reliably. Expenditure is tlassified by activity. The eosls ol each a¢livity are made up ol the lolal of direct costs and shared costs, including 5UPPOrt costs involved in undertakir)g each aclivily. Direct costs allribulable 10 8 single rill{11.'i?led d•ire.clly lo that activity. Sh?rpd rp,.Iq which conlribul? lo more than ono clP.lj'iily ¢inil .41.Ip[Inrt. costs which are not allribulable lo a single activity are apportioned bètween Ihose activities on a basis consisl&nl with the use ol resources. Contral staff costs are alloc8led on the basis ol lime spent, and depreciation chargès arè alloealed on the portion ol the asset's use. Impairmont of fixed assets Al each reporting end dale, the charity reviews the carrying amounts ol 115 tangible assets lo determine whether Ihore is any indication that those assets have suffered an impairment loss. 11 any such Indication exists, the recoverable amount of Ihe asset 15 eslimaled in order lo determine thè exlenl ol the impairment loss (if any). Taxation The charity is exempl from corporation lax on ils charitable aclivilies. Charitable funds Unreslricled funds are available for use al the discretion of the Iruslees in furtherance ol their charitable objectives. ReslriclÈd funds are subject lo specific conditions by donors as lo how they may be used. The purposes and Page 7 continued...
North Wales Regional Equality Network
Ltd
Notes to the Financial Statements continued
for tho year ended 31 March 2024
ACCOUNTING POLICIES - continued
Charitable funds
uses of the reslricled funds are sel out in the nolos lo the lin8nci31 slalemenls.
Endowment funds are Subject lo specific conditions by dornors that the capital musl be maintained by the
charity.
Basic financial assets
Basic financi81 assels, which include debtors and cash and bank balances, are Initially measured al
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement conslilules a financing Iransaclion, where the Iransaclion is measured
al the present value of the future receipts discounted al a market rale ol Interest, Financial assets classified as
receivable within one year are not amortised.
Basic financlal Ilabilitie5
Bagic financial liabililiès, Including creditors and bank loans are initially recognised al transaction price unless
the arrangement conslilules a financing Iiansaclion, where the debt Instrument is measured al the present
value ol tha lulure p8ym8nls discounlad al a markel rale ol inleresl. Financial Iiabililies classified as payable
within one year are not amortised.
Debt instruments are subsequently carriod al amoriised cost, u51ng tho effective interest rale melhod.
Trade creditors are obligations lo pay lor goods or services that have been acquired in the ordinary course ol
op8ralions from suppligrs. Amounls payablo are classified as current Iiabililies il payment Is due within one
yèar or less.11 not, they are presented as non-currenl11abililies. Trada crèditors are recognised initially al
transaction price and subsequently measured al amortised cost using the eff&clive inl&resl method.
D•ro¢ognltlon of flnan¢lal Ilabilltie6
Financial liabilitiès are dorecognisod when tho charity's conlraclual obligation5 expire or are discharged or
cancelled.
Impalrment of flxed assets
Al each reporting end da19. the Gharily reviews the carrying 8moun15 01 ils tangible assets lo determine
whether there is any indication that thosè assets have suffered an impairment loss. 11 any such indication
exists, lh& recoverable amounl ol the assel is eslimaled in order lo delermine th¢ exlenl ol the impairmanl
loss lif any).
Flnanclal Instruments
Th& charity has elected lo apply the provisions ol Sèelion 11 '8asic Financial Inslrumenls. and Section 12
'Olher Financial Instruments Issues, ol FRS 102 to all of ils financial Inslrumonls.
Financial instruments are recognised in the charity'5 balance sheel when the charity becomes paty lo the
conlraclual provisions of thè Inslrumenl.
Financial assets and1iabilili&s are offset, with the nel amounts presenled in the linanci
North Wales Regional Equality Network Ltd Notes to the Flnancial Statements Continued for the year èndèd 31 March 2024 DONATIONS AND LEGACIES 2024 2023 Donations 7,960 OTHER TRADING ACTIVITIES 2024 2023 Membership subscriptions 2,001 1.996 INVESTMENT INCOME 2024 2023 Interest receivable trading 1,438 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Charitable expenditure Grants 100,991 118,089 Grants received, included in the above, arè as follows.. 2024 2023 W&lsh Government ARWAP Community Cohesion- Lived Experience Other grants opc Winter Pressure RGC Windru5h project Welsh Government Voter Registration 94,741 2.000 97.283 3,000 2,000 2,999 400 1,850 2,000 10,807 100,991 116,089 CHARITABLE ACTIVITIES COSTS Support costs (see note 71 Direct Costs Totals Charitable expenditure 79,079 Page 9 continued...
North Wales Regional Equality Network Ltd Notes to the Financial Statements continued for the year gnded 31 March 2024 SUPPORT COSTS Information technology Finance Totals Charitable expenditure 60 144 204 NET INCOMEIIEXPENDITURE) Nel Incomellexpendilur81 is staled after chargingllcredilingl.. 2024 2023 Deprecialiors - owned 88sels 310 TRUSTEES, REMUNERATION ANO BENEFITS There were no Iruslees, remuneration or other benelils lor the year ended 31 March 2024 nor for the year 8nded 31 March 2023. Trustees. expenses There were no 31 March 2023. Iruslges. expenses paid for the year ended 31 March 2024 nor for the yoar 8nded 10, STAFF COSTS 2024 2023 Wages and salaries 42,043 38,847 42,043 38.847 Th& average monthly number ol employees during the year was as follows". 2024 2023 Employees No employees roceived ernolumenls in excess of £60,000. 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslriclod fund Reslrieled funds Total funds INCOME AND ENDOWMENTS FROM Charitable acllvitiès Charitable expenditure 118.089 118,089 Other trading activities 2,000 141 1,996 Total 2,000 118,085 120,085 EXPENDITURE ON Charitable activities Charitablè expenditure 3,025 133.289 136,314 Page 10 continued...
North Wales Regional Equality Network Ltd Notes to the Financial Statements continued for the year ended 31 March 2024 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES . Continued Unreslricled fund Reslricled funds Total fund5 NET INCOMEIIEXPENDITUREI Transfers between funds 11,0251 11,1001 115.204} 1.100 116,2291 Net movement In funds 12,1251 114.104} 116,2291 RECONCILIATION OF FUNDS Total fndS brought forward 194,527 50.798 245.325 TOTAL FUNDS CARRIED FORWARD 192,402 36,694 229,096 12. TANGIBLE FIXED ASSETS Fixtures and Freehold properly Totals COST Al 1 April 2023 Additions 150,000 15.000 6,661 165,000 6,661 Al 31 March 2024 150,000 21,661 171,661 DEPRECIATION Al l April 2023 Charge lor year 15.000 310 15,000 310 Al 31 March 2024 15.310 15,310 NET BOOK VALUE Al 31 March 2024 150,000 6,351 156,351 Al 31 March 2023 150,000 150,000 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Pr¢paymenls 17,118 1,160 48,041 970 18,278 49,011 Page11 continued..
North Wales Regional Equality Netsvork Ltd Notes to the Financial Statements continued for thè year ended 31 March 2024 14. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors Accrued expenses 1,200 367 1,092 34,985 1,567 36,077 15. MOVEMENT IN FUNDS Nel movement in funds Al 3113124 Al 114123 Unrestrlct¢d funds General fund 192,402 11.368 203,770 Rostricted funds Community Foundation W818S Welsh Government Volgr Registration RCC . Windrush Proiecl Oldor Person Commissiongr & Communily Cohosion Welsh Governmenl. ARVVAP Gwynl Y Mor BCUHB - Winter Pressure Conwy Welsh Local Governm8nl Association OPC Walos 1,400 7,320 456 11,0001 400 7.320 456 2,933 2.933 20,693 8,182 1,850 16,403 400 20,693 8,182 1,850 16,403 400 36,694 21,943 58.637 TOTAL FUNOS 229,096 33,311 262.407 Nel movemgnl in funds. included in the above are as lollows.. Incoming rosourcos Resources expended Movomenl in funds Unreslrlcled funds Gèneral fund 11,398 1301 11.368 Restrlcted funds Community Foundation Wal8S RCC - Windrush Projocl Welsh Governmènt - ARWAP BCUHB - Winter Pressure Conwy OPC Wale 2.000 2,000 94,742 1,850 400 13,0001 12,0001 174,0491 11,0001 20,693 1,850 400 100,992 179,049} 21,943 TOTAL FUNDS 112.390 179,0791 33.311 Pa9e12 continued...
North Wales Regional Equality Network Ltd Notes to the Financial Statements continued for the year gnded 31 March 2024 15. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Not movement in funds Transfers beeen funds Al 3113123 Al 114122 Unrestricted funds General fund 194,527 11.0251 11,1001 192,402 Restrlcted funds Community Foundation Wales Welsh Government Voter Registration RCC - Windrush Proi8cl Older Person Commissioner & Community Cohosion Welsh Government - ARWAP Gwynl Y Mor BCUHB - Winter Pressure Conwy BCUHB Wintèr Pressure Denbigh Welsh Local Government Association 400 1,000 7,320 456 1.400 7,320 456 2,933 14481 125,0271 13261 13261 17861 2,933 448 33,209 8,182 326 326 17,189 16,403 50,798 (15,2041 1,100 36,694 TOTAL FUNDS 245.325 116,2291 229,096 Comparative nel movomenl in funds, Included in the above are as follows.. In¢oming resourcos Rosources expended Movemenl In funds Unrestricted lunds Genoral fund 2,000 13.0251 11,0251 Restrlcled fund5 Community Foundation Wales Welsh Governmenl Voter Registration RCC WindrLish Project Older Pèrson Commissioner & Community Cohgsion Welsh Government - ARWAP Gwynl Y Mor BCUHB - Winter Prossure Conwy BCUHB - Winter Pressure Dènbigh Welsh Local Government Association 2,000 10,806 1,999 11,0001 13,4861 11,5431 1,000 7,320 456 5,999 97.282 13,0661 197,7301 125,0271 13261 13261 17851 2,933 14481 125,0271 {3261 {3261 17861 118,085 (133,2891 115,2041 TOTAL FUNDS 120,085 1136,3141 116,2291 Page 13 continued...
North Wales Regional Equality Network Ltd Notes to the Flnaneial Slalements continued for the year endèd 31 March 2024 15. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined position is as follows.. Nel movement in fLJnds Transfers between funds Al 3113124 Al 114122 Unrestricted funds General fund 194,527 10,343 11,1001 203,770 Restrlcted funds Community Foundation Wales Welsh Governmenl Voter Registration RCC Windrush Project Older Person Commissioner & Community Cohesion Welsh Government - ARWAP Gwynl Y Mor BCUHB - Winlgr Pressure Conwy BCUH8 - Winter Pressure Denbigh Welsh Local Governm8nl Association OPC Wales 400 400 7,320 456 7,320 456 2,933 20,245 125,0271 1,524 13261 17861 400 2,933 20,693 8,182 1,850 448 33,209 326 326 17,189 16,403 400 50,798 6.739 1,100 58,637 TOTAL FUNDS 245,325 17,082 262.407 A current year 12 months and prior year 12 months combined nel movement In funds, included in the above are a5 follows., In¢oming resources R050urces 8xpended Movement in funds Unrestrlcted funds Ganeral lund 13,398 13,0551 10,343 Rèstricted funds Community Foundation Wales Wolsh Government Voler Registration RCC - Windrush Projocl Older Person Gommissioner & Community Cohesion Welsh Government- ARWAP Gwynl Y Mor BCUHB . Winter Pressure Conwy BCUHB Winter Pressure fjei Il)IiJli Welsh Local Government Association OPC Wales 4,000 10,806 3,999 14,0001 13,4861 13,5431 7,320 456 5,999 192,024 13,0661 1171.7791 125,027) 13261 13261 17851 2,933 20,245 125,0271 1,524 13261 17861 400 1,850 400 219.077 1212,3381 6,739 TOTAL FUNDS 232,475 1215,3931 17,082 Details ol the reslricled funds aro sol oul below.. Welsh Government Hale Crime MinDrily Communilies - producing a training programme lor senior le3dership teams in secondary schools acr055 Norfh Wales. Welsh Government REAP - consullalions on the draft Race Equality Action Plan lor Walos., Ynys Mon CommLtnily Cohesion '1 Am Here. Iilmod conversations on lived experiences ol making your home in Wales and a TikTok project with studen15 81 Aberconwy schDOI", VVè15h Local Government Association tackling hale crime in schools, Cofflic Relief- BAWSO - funding for computer equipment lo aid remote wtsrking., training for years 5 10 10 school pupils raising awareness of and Page 14 continued...
North Wales Regional Equality Network Ltd Notes to the Financial Statements continued for th9 year ended 31 March 2024 15. MOVEMENT IN FUNDS - continued Wrexham CBC 8AWSO - slart up grant lo research Rhyl healthcare issues". Heritage Lollery Fund produce website on Flinlshire hllps".Ilww.flinlshireandlheslavelrade.orgl., Gwynl y Mor - lo incrèase wellbeing post Covid in the Rhyl area by creating groups and workshops,. Mudiad Meilhrin create a bespoke Welsh animation on the theme ol difference., Criminal Justice Wale8 - ¢on5ullalions on th8 draft Criminal Juslicg in Wales plan; BCUHB Rhyl Pilot Proiecl slarl up grant lo research Rhyl healthcare issues, BCUHB Winter Pressures Conwy workshops lo cofflbauraise awareness ol wellbeing issues and mental health", BCUH8 Winter Pressures Denbighshire mental health.. Community Foundation Wales - throe yearly payments of £2,000 lo help with the business manager's salary., Welsh Governmenl Voler R8gislralion Increase awareness ol who Is eligible lo vole and encourage them lo regsiler.. RCC Windrush - produce a film based on Ihè life ol Eririco Slenell (former local resident and NWREN mamber) lor use in school lo highlight the Windrush Generation,. Older Person Commissionei - facililal6 engagement lo gather the lived expèriences ol older people (aged 60+) from Black. Asian and Minority ethnic communities in Wale5', Community Cohesion lo design. film. edit, final proof, produce and mount on an accessible platform a film documentary lo include people's lived experienceslo challonge racism and hale crime in North W8les.' Welsh Government ARW AP . lo establish an online and physical resource documenting the cultural identity and heritage of Black, Asian and Minorily ethnic elders In Wales who have contributed lo the race equality gender Moeling with tho Older Poople's Commissioner and Chineso Women's association 10 9ive feed back from th& consullalions carried out in the previous year. and the slave trade workshops lo combaVrai50 awareness ol wellbeing Issues and 16. CAPITAL COMMITMENTS There were no capital commitments lor the year ended 31 March 202412023 - none) 17. RELATED PARTY DISCLOSURES There wore no related party Iransaolions for the year ended 31 March 2024. Page 15
North Wales Regional Equality Network Ltd Detailed Statement of Financial Activities for the year gnded 31 March 2024 2024 2023 INCOME ANO ENDOWMENTS Donations and legacies Donations 7,960 Othor tfadlng activiti6$ Membership subscriptions 2,001 1,996 Investment In¢ome Interest receivable - trading 1,438 Charitable actlvitios Granls 100.991 118,089 Total Incoming resourcgs 112,390 120,085 EXPENDITURE Charitablè activities Wages Rales and water Insurance Light and he81 Telephone Office Expenses Accountancy No description Fixlurès and fillings 42,043 302 1.092 1,371 499 2,790 1,308 29,160 310 38.847 67 2,711 432 2,050 1,092 90.923 T8,875 136.122 Support costs Finance Bank charges 60 60 Information technology Ropairs and renewals 144 132 Total resource5 expanded 79,079 136,314 Net incomelloxpendlturo) 33,311 116,229) This page does not form parl ol the s181ulory financial slalemenls Page 16