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← Diversity House Limited

2024-03-31-accounts

Charity registration number 1122960 (England and Wales) Company registration number 06188059

DIVERSITY HOUSE LIMITED

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

DIVERSITY HOUSE LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr S A Davey Mr T Olufemi-Jotham Mr P O Locke Mrs C Locke Charity number (England and Wales) 1122960 Company number 06188059 Registered office Isp House Church Street Sittingbourne Kent England ME10 3EG Independent examiner Xeinadin South East Limited 12 Conqueror Court Sittingbourne Kent United Kingdom ME10 5BH

DIVERSITY HOUSE LIMITED

CONTENTS

Page
Trustees' report 1 - 5
Statement of trustees' responsibilities 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 - 17

DIVERSITY HOUSE LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2024

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

Our Charity's purposes are as set out in the objects contained in the Company's memorandum of association. It is established for the benefit of disadvantaged communities, particularly those from a minority ethnic background in Kent, but not excluding others. The Charity's objects are:

The aims of our Charity are to reduce the level of social inequality in Kent, which has arisen as a result of the socially constructed factors of gender, race/ethnicity, disability, culture, religion, beliefs and so on. This can be achieved by advancing education and raising awareness in equality and diversity and promoting activities to foster cultural understanding between people from diverse backgrounds.

Ensuring our work delivers our aims

We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aims, objectives and activities remain focused on our stated purposes. We have referred to the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives set.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Activities

The focus of our work

Our main objectives for the year continued to be the promotion of equality, diversity, inclusion, and intersectionality, and also the reduction of disadvantages. The strategies we used to meet these objectives included:

DIVERSITY HOUSE LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Public benefit

Given the policies and objectives of the Charity, as stated above, the Trustees, report on the aspects of its activities which encapsulates ‘public benefit’. In order to actualise our vision as stipulated earlier, Diversity House offers the following services, summarised below:

Strategic report

The description under the headings "Achievements and performance" and "Financial review" meet the company law requirements for the trustees to present a strategic report.

Achievements and performance

Significant activities and achievements against objectives

During the period under review, time was spent on fund raising activities. In order to put in a good case to funding bodies why particular projects should be funded, the CEO who is the main bid writer spent approximately 817 hours in both desktop and primary research, gathering evidence of need and conducting gap analyses. During this period, a bid was put to the National Lottery Community Fund for a grant through to augment the initial funding received from the Lottery to deliver CWGIE (Centre for Women and Girls Innovation and Empowerment) project. This bid was successful, and the charity was granted additional £135,404 for duration of the project. Another funding proposal to Colyer Fergusson Charitable Trust for conducting a strategic review for Diversity House was successful. In addition to bid writing, the CEO has been busy during the period under review raising funds through carrying out consultancy duties for other organisations.

Financial review

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Principal funding sources

The principal funding sources are Big Lottery Fund, Heritage Lottery Fund, other government agencies and local authorities

DIVERSITY HOUSE LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

There was no deficit in the year.

Structure, governance and management

The Charity is controlled by its governing documents, a deed of trust and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr S A Davey Mr T Olufemi-Jotham Mr P O Locke Mrs C Locke Mrs G B C Opara (Resigned 4 August 2024)

Recruitment and appointment of trustees

When new or additional trustees are required then beneficiaries and client organisations are invited to submit nominations and subject to their compliance with the Memorandum and Articles of Association they are considered by the governing body of trustees for election.

Induction and training of trustees

We have instituted policy or procedure for the training of trustees and within the period under review had carried out trustee skills audit to identify what skills our trustees have and what additional skills that are required to run the charity successfully.

DIVERSITY HOUSE LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Organisational structure

The board of trustees meets regularly as a full board. There is also a standing committee comprised of the honorary officers. The Director / Manager of Diversity house make recommendations to the board of trustees and monitor operational activities. Staff and Volunteers of the charity have delegated authority to carry out day to day work within policies agreed by the board. Financial standing orders give necessary authorisation of different amounts.

Major risks and management of those risks

Risk Management

Assurance against Fraud and error

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Financial instruments

Objectives and policies

The charity’s activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.

Cash flow risk

The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.

Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.

Credit risk

The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments.

The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.

The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks wth high credit-ratings assigned by international credit-rating agencies. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.

Liquidity risk

In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.

DIVERSITY HOUSE LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

The trustees' report, including the strategic report, was approved by the Board of Trustees.

Mrs C Locke

Trustee

17 March 2025

DIVERSITY HOUSE LIMITED

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2024

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the situation of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

DIVERSITY HOUSE LIMITED

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DIVERSITY HOUSE LIMITED

I report to the trustees on my examination of the financial statements of Diversity House Limited (the charity) for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Fiona Howard FCA CTA

Xeinadin South East Limited

12 Conqueror Court Sittingbourne Kent ME10 5BH United Kingdom 17 March 2025

DIVERSITY HOUSE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income from:
Donations and legacies
2
129,238
101,203
Charitable activities
3
4,279
-
Other trading activities
4
387
-
Investments
5
4,184
-
Total income
138,088
101,203
Expenditure on:
Raising funds
6
35,085
49,965
Charitable activities
7
24,826
120,161
Total expenditure
59,911
170,126
Net income/(expenditure) and
movement in funds
78,177
(68,923)
Reconciliation of funds:
Fund balances at 1 April 2023
82,768
194,434
Fund balances at 31 March
2024
160,945
125,511		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
230,441
30,866
620,115
4,279
-
-
387
-
-
4,184
749
-
239,291
31,615
620,115
85,050
34,598
34,598
144,987
11,059
330,040
230,037
45,657
364,638
9,254
(14,042)
255,477
277,202
96,810
(61,043)
286,456
82,768
194,434		 Total
2023
£
650,981
-
-
749
651,730
69,196
341,099
410,295
241,435
35,767
277,202

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

DIVERSITY HOUSE LIMITED

BALANCE SHEET

AS AT 31 MARCH 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 12 14,524 26,839
Current assets
Debtors 13 33,689 25,592
Cash at bank and in hand 249,259 248,021
282,948 273,613
Creditors: amounts falling due within 14
one year (11,016) (23,250)
Net current assets 271,932 250,363
Total assets less current liabilities 286,456 277,202
The funds of the charity
Restricted income funds 15 125,511 194,434
Unrestricted funds 16 160,945 82,768
286,456 277,202

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 17 March 2025

Mrs C Locke Type text here Trustee

Company registration number 06188059 (England and Wales)

DIVERSITY HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

Diversity House Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Isp House, Church Street, Sittingbourne, Kent, ME10 3EG, England.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

DIVERSITY HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery 20% on cost
Fixtures and fittings 25% on cost
Computer equipment 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

DIVERSITY HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Taxation

The charity is exempt from corporation tax on its charitable activities.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2024
2024
£
£
Donations and gifts
15,510
-
Grants
113,728
101,203
129,238
101,203		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
15,510
30,866
-
214,931
-
620,115
230,441
30,866
620,115		 Total
2023
£
30,866
620,115
650,981

DIVERSITY HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

3 Income from charitable activities

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Charitable activity
Charitable rental income 4,279 -
4 Income from other trading activities
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising events 387 -
5 Income from investments
Interest receivable
Expenditure on raising funds
Unrestricted
Restricted
funds
funds
2024
2024
£
£
Fundraising and publicity
Other fundraising costs
2,799
17,679
Staff costs
32,286
32,286
35,085
49,965		 Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
4,184
749
Total
Unrestricted
Restricted
Total
funds
funds
2024
2023
2023
2023
£
£
£
£
20,478
-
-
-
64,572
34,598
34,598
69,196
85,050
34,598
34,598
69,196		 Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
4,184
749
Total
Unrestricted
Restricted
Total
funds
funds
2024
2023
2023
2023
£
£
£
£
20,478
-
-
-
64,572
34,598
34,598
69,196
85,050
34,598
34,598
69,196
Total
2023
£
-
69,196
69,196

DIVERSITY HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

7 Expenditure on charitable activities

Direct costs
Staff costs
Depreciation and impairment
Rent and insurance
Telephone
Advertising
Office and general expenses
Consultancy and advice
Volunteers expenses
Training volunteers
Computer costs and subscriptions
Staff welfare
Motor expenses
Maintenance charges and grants
Accountancy
Bank charges
Postage and stationery
Analysis by fund
Unrestricted funds
Restricted funds
8
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets		 Total
2024
£
33,564
12,315
59,629
3,168
1,311
962
6,206
3,898
-
10,189
-
-
2,045
10,849
89
762
144,987
24,826
120,161
144,987
2024
£
4,221
12,315		 Total
2023
£
37,425
9,858
20,178
95
5,494
210,869
39,844
3,536
5,878
780
2,699
40
-
4,195
208
-
341,099
11,059
330,040
341,099
2023
£
3,600
9,858

9 Trustees

Christine Locke, Chair of the charity, was paid £60,000 for the year ended 31 March 2024 (2023-£60,000).

DIVERSITY HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

10 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries		 2024
Number
7
2024
£
98,136		 2023
Number
7
2023
£
106,621

There were no employees whose annual remuneration was more than £60,000.

11 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

12 Tangible fixed assets

Plant and
machinery
Fixtures and
fittings
£
£
Cost
At 1 April 2023
11,944
4,860
At 31 March 2024
11,944
4,860
Depreciation and impairment
At 1 April 2023
11,944
1,616
Depreciation charged in the year
-
1,622
At 31 March 2024
11,944
3,238
Carrying amount
At 31 March 2024
-
1,622
At 31 March 2023
-
3,244
13
Debtors
Amounts falling due within one year:
Other debtors
Prepayments and accrued income		 Computer
equipment
£
31,837
31,837
8,242
10,693
18,935
12,902
23,595
2024
£
8,470
25,219
33,689		 Total
£
48,641
48,641
21,802
12,315
34,117
14,524
26,839
2023
£
7,599
17,993
25,592

DIVERSITY HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

14 Creditors: amounts falling due within one year

Trade creditors
Accruals and deferred income		 2024
£
6,665
4,351
11,016		 2023
£
19,520
3,730
23,250

15 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April Incoming Resources At 31 March
2023 resources expended 2024
£ £ £ £
194,434 101,203 (170,126) 125,511
Previous year: At 1 April Incoming Resources At 31 March
2022 resources expended 2023
£ £ £ £
(61,043) 620,115 (364,638) 194,434

16 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April Incoming Resources At 31 March
2023 resources expended 2024
£ £ £ £
General funds 82,768 138,088 (59,911) 160,945
Previous year: At 1 April Incoming Resources At 31 March
2022 resources expended 2023
£ £ £ £
General funds 96,810 31,615 (45,657) 82,768

DIVERSITY HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

17 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 March 2024:
Tangible assets
-
14,524
Current assets/(liabilities)
160,945
110,987
160,945
125,511
Unrestricted
Restricted
funds
funds
2023
2023
£
£
At 31 March 2023:
Tangible assets
-
26,839
Current assets/(liabilities)
82,768
167,595
82,768
194,434		 Total
2024
£
14,524
271,932
286,456
Total
2023
£
26,839
250,363
277,202

18 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

Document Activity Report

Document Sent Mon, 17 Mar 2025 17:46:41 GMT Document Approval Status Approved Approval Activity Summary Christine Locke Approved Tue, 18 Mar 2025 08:23:56 GMT

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Tue, 18 Mar 2025 08:23:50 GMT Christine Locke Approved the document Tue, 18 Mar 2025 08:23:17 GMT Christine Locke viewed the document Tue, 18 Mar 2025 08:22:55 GMT Christine Locke viewed the document Mon, 17 Mar 2025 17:51:16 GMT Document Sent

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