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 be￿een 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 be￿een 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<il sl(Ilemenls, when
Ihero is a legally enlorcoable right lo sel off the rocognisod amounts and thoro is Bn inlenlion lo sellle on a nel
basitr or lo re>aliso the asset and Qtiit> the licibilily simultaneously.
Cash and Cash gquivalenls
Cash and cash equivalents include cash in hand, dttposils held al call with banks, other shorl-lerm liquid
investments with original malurilie.q ol three months or les5, and bank overdralls. Bank overdrafts are shown
within borrowing5 in current liabilities.
Employee beneflls
The cost ol any unused holiday enlillemenl is recognised In the pèriod in which tho omployee's seNices are
received.
Termination benelils aro recogriised immediately as an expense when the ch8rily is demonstrably commilled
lo lerminale the employment ol an employee or lo provide lerminalion benefits
Going concern
Al the lime ol approving the financial slalemenls, the Iruslees have a reasonable expectation that the charity
has adequate resources lo continue In operational oxislence for the loroseeable lulure. Thus Ihe Irusloos
conlinue lo adopt the going concern basis ol accounting In preparing the financial slalemenls.
Page 8
continued..

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 f￿ndS 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
be￿een
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