DIVERSITY MATTERS NORTH WEST LTD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Registered Charity No. 1125544 Company Registration No. 06442869
DIVERSITY MATTERS NORTH WEST LTD INDEX PAGE NUMBER CONTENTS TRUSTEES ANNUAL REPORT io INDEPENDENT EXAMINERS REPORT li STATEMENT OF FINANCIAL ACTIVITIES 12 BALANCE SHEET 13 STATEMENT OF CASH FLOWS 14-25 NOTES TO THE ACCOUNT5 FOR MANAGEMENT PURPOSES ONLY 26 TRADITIONAL INCOME AND EXPENDITURE ACCOUNT
DIVERSITY MAThERS NORTH WEST LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" MARCH 2025 The trustees present their annual directors, report and financial statements of the charity for the year ended 31st March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006. the Memorandum and Articles of Association. and the 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 IFRS 1021 (effective l January 2019). Ob"ectives and activities Diversity Matter5 North West Ltd.'5 Objective5 are to: Tackle issues that impact on people's health and well-being. Provide targeted support for disadvantaged and excluded groups. Promote improved community cohesion. Our Values: We empower the people we work with. individually and collectively, by encouraging them to build with confidence on the skills and knowledge that they already have. We share the ideas and agenda of localism- don't do something for people they can do themselve5. We listen to the views of the people within the community we serve, bein8 informed, and led by their expressed needs. We are sensitive toward5 their faith and culture. although we will not normally undertake work that is faith specific. We strive to be honest and transparent about our intention5, SO it is easier for the people we work with, and our partner agencies. We involve community members in decision making, volunteering, training, and paid employment. The trustees confirm that they have continued to refer to the Charity Commission's guidance on public benefit, planning future activities and setting the policies for the year. Our activities. policie5, Strategies. workforce development and recruitment are all underpinned by our values. It 15 the fabricthat bring5 togetherall aspects of our work whether that Is operational activities or developing new collaboration5. As an organi5ation working within communitie5 facing racial inequalities, it is paramount we ensure the safety and protectioll of vulnerable people when they are engaging the activities and services of the Charity. The work of the Charity has been in full swingl Impact of. the pandemic, cost of living crisis and the Summer riots in the summer has deeply impacted on the local communitie5. This ha5 meant the demand for our services ha5 increased further a5 we see more people engage in our work. Many of our service users who engage with us have multiple complex support needs including mental health issues, isolation, and loneliness, this has often resulted from delayed or lack of opportunitie5 to socialise outside the domestic space and integrate into society. By listening and removing barriers to engagement and participation, we have succe55fully engaged with people soon after they move into the area. This has enabled greater integration into society,
DIVERSITY MAThERS NORTH WEST LTD reduce impact of isolation and poor mental wellbeing so they can take control and live their best life. We work holistically with women, predominantly but not exclusively South Asian communities. to support and empower them to identify their needs, build their confidence and develop skills so they can move forward and access the same opportunities for growth and development as any other members of society, whether that is in education, employment or improving health outcomes. We work alongside the local community and service providers to reduce barriers for women experiencing racial inequalitie5 to acce55 the services they need. Our networks and collaborations spread across Tameside and Greater Manchester. from grassroots charities to the public and private sectors, this includes GM Race Equality Panel. GM 4 Women Network. GM Moving Volunteering Research Network, GM Moving Tackling Inequalities Network. Greater Manchester Human Trafficking and Modern Slavery NGO forum and the Tameside Domestic Abuse Steerin8 Panel. We remain an organisation of choice working with communities experiencing racial inequalities in Tameside. We continue to work with local partners to input into strategic policies and ensure they are inclusive of the people they arethere to Serve, advocating forseldom heard communities and utilising existing places and spaces. This a150 includes using external venue5 to deliver some of our core activities creating a familiar environmentforthe men and women to meet independentlyfrom DMNW. This year we have developed closer relationships with universities, local authority and other statutory partner5 to feed into local and GM wide research, ensuring the voices that feed into these is inclusive of the communities that reside in Tameside and Greater Manchester. Thank you to all partners, funders, commissioners, Board of trustees, volunteer5 and staff team, through their support we have been able to remain resilient. Although we are still grant dependant due to the nature of work we offer, our focus has been to secure core and multiyearfunding to provide financial securityforyears to come. This is evident in oursuccess in being part of the statutory Domestic Abuse service in Tame5ide. offering emotional peer support for South Asian Women and securing of core funding from Henry Smith. Garfield Weston Foundation, Lloyd5 Foundation. In addition, we have started to set up and develop fundraising platforms where we are able to generate small amounts of unrestricted income for the Charity. The Board utilised the Charities surplus free re5erve5 to continue to support the workforce and ensured that our core Services remained functioning at full capacity. The Board are ommitted to maintaining our real wage Standards and committed to being a supporter of the GM Good Employment Charter. Our core service include.. Support for women in crisis. Support for women around training, learning and employment. Support around health and wellbeing.
DIVERSITY MArrERS NORTH WEST LTD A review of our achievements and erformance The charity furthers its charitable purpose5 for the public benefit through key achievement5 this year, including: Secured multiyear and core funding to support running of our services. Successful completion of end of grant reports with the Peoples Health Trust, Home Office. The National Lottery Community Funds, Action Together, Workers Education Association. "It is great to work with on organisation with such passion ond as soon as we know if there will be ony options for odditional funding we will be in touch" (Funding Officer.. Home Office). Secured several consultancy contracts With the local authority and other commi55i0ners. We conducted 7 community consultations and research projects where 595 participants from hardly reached communities engaged directly. Developed and delivered our first Domestic Abuse and Cultural Awareness in South Asian communities training to professionals within Tameside. Secured funding from GMCA to coproduce an inclusive volunteering training package for organisations wanted to engage with South Asian communities. Co-des18ned a new culturally appropriate bereavement support Services for people from South Asian communities offering peer support groups and awareness raising workshops across Tameside. Agility and fast response around the summer riots, initiating local rneetings to address concerns and cascade key community messages from GMP to the Mus14m communities that were directly affected in dual language5, this included our own workforce, volunteers and service users. Our supporting women in crisis programme has engaged with 142 women and delivered 256 se55ion5 and trained 11 volunteer peer mentors, focusing on advice and advocacy, social activitie5, awareness raising, empowerment se55ions and training opportunities. 98% of the women reported in increased understanding of unhealthy relationships, increased awareness of support services and where 969£ of women we worked with reported feelin8 more confident to seek help and support regarding issues in their personal life. IOOYO of women felt confident in reporting harmful behaviour5 Within relationship5. Our community health and wellbeing programme focuses on engaging with people in tackling key health challen8es facing communities experiencing racial inequality. We delivered 110 wellbeing sessions including bereavement support workshops and engaged with 137 people. 17 volunteers also help support the running of the programme. 90¥0 of participant5 now report that they are now aware of local health and support services. 87% participants agree wellbeing has improved, 83% agreed they felt more involved in their own communitie5 and felt they were listened to. 90% said attending the sessions helped them to save money. Our community learning, training and employability programme delivered 134 training and employment support sessions, engaging with 149 women directly on their learning journeys. 15 volunteers actively Supported the project. 95YD reported in improved digital skills where they didn't have any. 92% reported in increased employment readiness and English-speaking skills. 34% began volunteering. 97% progressed to further learning and training. IOO¥o women reported increased aspirations for self-development. Please see our Social impact report on our website for more detai15 on our achievements and the difference we have made for our beneficiaries.
DIVERSITY mAERs NORTH WEST LTD Financial revlew st Funds as at 31 March 2025 amounted to £335,662 of which £47,752 were restricted. Restricted funds held at the end of the year have been carried forward for the continuation of the specific projects. Unrestricted surplus reserve5 amounting to £6,367 in 24-2S were allocated to cover Eaps in salaries so core programmes can continueto run, shortfall in core running costs and overheads. The Board of Trustees continued to ensure we ran our interpreting service and develop our fundraising platform5. In 24-25 we brought in £454.781, of which £98.167 15 unrestricted funds. Some are multiyear funding. In 2024-25 the Charity increased it5 income from sale of service5, bank interest and fundraising, bringing in a total of £21,290 unrestricted income. For 2025-2026 the Board have agreed plans to Use surplus free reserves to a maximum of £90,718 to further the charitable objects, including plugging gaps in Staff salaries, direct project costs and core running. Investment power5 and policy The trustees have an investment policy. Its objective to 11 produce the best financial return within acceptable levels of risks and 2) deposit and invest funds in ethically demonstrative financial institutions in line with its charitable status. In line with its liquidity requirements and prepared planned expenditure, the Trustees have decided to deposit any surplus funds that is not required immediately in interest-bearing accounts. Reserves policy and going concern The balance held in reserves at 31st March 2025 was £143,962 of which all are free reserves after allowing for funds tied up in fixed assets. General Reserve The Charity will seek, where p055ible, to maintain a general reserve equivalent to its total running costs for a period of no lessthan three or no more than six months. Wherethe general reserve falls below this figure, the Board will consider ways to generate increased reserve funds. Where the general reserve rises above the higher figure, the Board will consider ways to spend the surplus funds in furtherance of the Charity's objects. Designated Funds The Charity will designate specific reserve funds only in the event of an imminent and quantifiable liability. such as anticipated redundancy of specific posts or repair and removal CQSt5 on expiry of lease. The Charity's main source of income is grants and contracts. The Trustees consider that it is appropriate to prepare the account5 on a Boing concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease.
DIVERSITY MAThERS NORTH WEST LTD Risk mana ment The Board has established systems to mitigate the risks the Charity faces. Internal control risks are minimised by the implementation of financial procedures. All major projects and funding applications are authori5ed at Board level. Procedures are in place to ensure compliance with health and safety of staff. volunteers and service users. All policies and procedures are periodically reviewed to ensure that they continue to meet the needs of the Charity and are in line with government guidelines. The Board a150 works in line with the NCVO Charity governance code and ensures progress is made towards any improvements required. In all areas of our work and activitie5, we ensure the protection of vulnerable people. Revised strategie5, policies and procedure5 were agreed. Polices revised included= Anti-fraud policy & procedure, trustee recruitment pack and manual, risk managernent policy. scheme of delegation. financial policy, equal opportunities policy, equality diversity and inclusion policy complaints and feedback policy, Staff handbook. safe8uardin8 adults and children policy and procedure5 and remuneration policy. New policies and procedures implemented included: Emergency evacuation plan and social value policy Lookin Ahead 25 26 Our senior management team and front-line staff have been proactive in ensuring our services meet the imminent need5 of the communities we serve, that each programme is co- produced, so fund5 are used in the most effective way possible. Our collaborations have expanded as is our presence both locally and acros5 GM, where CEO'S are seeking opportunities to influence systemic change and getting local, seldom heard voices in those spaces. We are involved in deliverin8 organisational workforce training, delivering talks and presentations, this is expected to continue throughout 25 26. Despite the many economic challenges, our focus on securing long term sustainability remain5. A5 the funding landscape becomes more challenging, whilst simultaneously we are seeing firsthand the complexities of the support need5 increasing for the communities we work with, we are exploring more collaborative approache5, joint bids to both widen and strengthen our offer in Tameside. We will continue to seek multiyear bids and opportunities that cover full c05t recovery. We are also consciously exploring developing our portfoli05 for consultancy, developing our grow our own approach for future sustainability, upskilling workforce in training. interpretin& information and advice, community research. Thi5 a150 includes offering more employment opportunities, diver5ification of our workforce and Board of trustees. Structure overnance and mana ement. Governlng Document Diversitymatters NorthWe5t Ltd is a company limited by guarantee governed by its Memorandum and Articles of A550ciation dated 23/11/2007 and subsequently updated Articles dated August 2020. It is registered as a charity with the Charity Commission and is constituted under a trust deed dated 03/12/2007.
DIVERSITY MAThERS NORTH WEST LTD Appolntment of trustees Under the requirements of the Memorandum and Articles of Association, members of the board are appointed for a 3 - year term and can serve up to a maximum of 10 years. Any extension of appointment beyond 10 years is reviewed every 3 years. This process currently applies to our Chair, for whom we are actively implementing a succession plan. The board is responsible for appointing the trustees. The director5 of the company are also charity trustees for the purposes of charity law and. under the company's articles, are known as members of the Board. The Board give their time voluntarily and receive no benefit5 from the charity. Trustee induction and training Although new members may be elected to the Board at the general meetings, the Board more commonly recruits new members through a proce55 of recommendation, application, interview and co-option. Persons can only become trustees if approved by two thirds of the Board. The Board seeks to maintain a membership of between 6 and 10, with a balance of local residents and local workers, whi15t ensuring as far as possible Some specialist knowledge of the Charity's field of work and of generic issues such as finance, law, fundraising and public service commissioning. The number of trustees cannot fall below 3 but has no maximum. New Trustees are provided with an induction pack which include5 a checklist of priorities set by the new trustee, An initial meeting is held with CEO'S and the Chair of Trustee5 and an opportunity to meet the team. Tru5tee5 are encouraged to engage in training and activities that will help them in their role. Trustees meet the Cahir of the Trustees regularly to ensure they are fully supported and involved. We hold an annual Q&A panel where Trustees can meet our service users, volunteers, Staff, partners, commissioners and key dignitaries. Organisation and Declslon Making The Board of Trustees administers the charity. The Board normally meets every quarter. A Chief Executive Officer (CEO) is appointed by the Trustees to manage the day-to-day operations of the charity. From 2015 this Position was taken up as a Job Share which continues to be highly effective. The Board sets up task and finish group5 as and when needed to review any i5sue5 that occur in between the Scheduled meetings to look at in depth and report back to the Board for the final decision making. The Board has the power to delegate some decision making to the task and finish groups as well as to the CEO'S where it is deemed appropriate. The decision making is minuted. The role of Company Secretary ha5 been taken up by one of the paid CEO who report5 to the Board on an ongoing basis. Whilst CEO'S are supervised by a member of the Board, all other Staff are supervised by the CEO'S or a Line Manager. Individual work plans are linked to the Charity'5 forward plans throu8h a process of annual appraisal, supplemented by biannual reviews and ad-hoc supervisions. Related parties and co-operation with other organlsations None of our tru5tee5 receive remuneration or other benefit from their work with the charity. Any connection between 3 trustee or Senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported.
DIVERSITY mAERs NORTH WEST LTD Reference and administrative Snformation Charity Name: Diverslty Matters North West Ltd Charity Number: 1125544 Company Registration Number: 06442869 Directors and trustees The directors of the charitable company (the Charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and Since the year end were as follows= Key management personnel: Trustees and Directors Rehana Begum Caroline Gregorv Penny Noel Johura Khatoon Garry Hall Mohammed Khan Asma Begum Muzahid Khan Lina Patel Oluwatosin Sotubo Company Secretary Chair of Trustees (appointed April 2024) (resigned December 2024) Treasurer (appointed October 2024) (resigned February 2025) Chief Executive Rehana Begum Gemma Gaskell {Job Share) {Job Share) Registered Offjce 20 Great Norbury Street Hyde Cheshire SK14 IBR Independent Examiners Hilton Jones t/a Community Accountancy Service Hollinwood Bu5ine5s Centre Albert Street, Oldham, Lancashire OL8 3QL
DIVERSITY MAThERS NORTH WEST LTD Bankers Unity Trust Bank plc Nine Brindley Place Birmingham BI 2HB Nationwide Building Society Kings Park Road Moulton Park Northampton NN3 6NW Charity Bank The Charity Bank Ltd Fosse House 182 High Street Tonbridge TN9 IBE
DIVERSITY MAThERS NORTH WEST LTD Trustees. responslbllities in relation to the financial statements The charity trustees (who are a150 the directors of Diversity Matters North West Ltd for the purposes of company law) are responsible for preparing a tru5tees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resource5 and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to: Select Suitable accounting principles and then apply them conslstently; Observe the method5 and principles in the applicable Charities SORP,. Make judgments and estimates that are reasonable and prudent" State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statement5. Prepare the financial statements on a going concern basis unle55 It is appropriate to presume that the charity will not continue in business. The trustee5 are responsible for keeping proper accounting record5 that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statement5 comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the board of trustees Caroline Gregory Chair th Date: 8 October 2025
10 Independent examiller's report to the trustees of DIVERSITY MATTERS NORTH WEST LTD st I report on the accounts of the company for the year ended 31 March 2025, which are set out on pages I I to 25. Respective responsibilities of trustees and examiller The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and l am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants. Having satisfied myself that the charity is not subject to audit under compally law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act ' to follow the procedures laid down in the general DirectÉons given by the Charity Commission under section 145(b) of the 201 l Act. and to state whether particular matters have come to my attention. Basis of independent examiner's report My examillation was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is li]nited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: (l ) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 3 86 of the Cornpanies Act 2006" to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006, ' and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met. or (2) to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. James Hilton Jones Hilton Jones t/a Community Accountancy Service Hollinwood Busilless Centre, Albert Street, Oldham OL8 3QL Date: 8th October 2025
DIVERSITY MArrERS NORTH WEST LTD STATEIAENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 In¢ludln Income and Ex endlture Account Total Funds Total Funds Year Ended Unrestricted Restricted 31 March Year Ended 31 Funt15 Funds 2025 March 2024 Further Details lftcome from: Donations and legacies Charitable Activities other Trading Activitie5 Investment Incoffle other Inwme Total 131 141 151 78,877 76.877 356,614 18,713 4.577 13.782 243.206 17.307 2,587 401 277.283 356,614 18,713 4,577 98,167 3S6.614 454.781 Expendituré on: Raising Funds Charitable Acts'vilies Other Total 181 181 161 5.387 734 5,387 334,934 246 340,567 3,4SO 297.879 114 301.443 334,200 246 6,367 334.200 Net Incomellexpendlturel 91,800 21414 114,214 124,1601 Tiansfets betWEen fund5 (171 Net movemènt in funtls 91,800 22,414 114.214 124,1601 Reconciliation of funds Totsl funds brought foward Tolal tund$ ¢arrled fon¥ard 196,110 287.910 25,338 47.752 221.448 335,662 245,608 221.448 The slaternent of l(nanclal aclvities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activeS. The noi6s on pagès 14 to 25 forffl part oflhese accounts.
DIVERSITY MAThERS NORTH WE5TLTD 12 BALANCE SHEET AS AT 31 MARCH 2025 Company Registration Numbgr.. 06442869 2025 2024 Notes Flxed a8sets: Tangible assets Totsl fL%ed assets 502 502 Current assets: stock5 Debtors Cash at Bank & in Hand Totsl current assets 51,211 348,185 399,396 48.327 228,386 274,713 Llabllities-. CTeditors.' Amounts falllng dus within one year 83.734 53,767 Net cuirent assets or liabiliti&8 335,862 220,048 Total ass81$ lèss current liabilities 335,682 221,44 Creditors.. Arnounls f811ing Oue after rnort than one year Provisions for liabililies Total net assets or liabllitie¥ 335,662 221.448 Th• funds of the charfty: Restricted incotne fund5 1171 47,752 25,338 Unrestritted Income funds If71 287,910 196,110 Total charityfunds 335.662 221.448 For the perlod In question the cornpany was entitled to the exernption conferred by section 477 of the CompaniesAct 2006. 3nd that no notlce has been deposited under settlon 476 In relation to its accounts for the financial year,. and the dlrectors acknowledge their responslbllities for: complying with the requirement5 of the Companies Att 2006 with respert to accounting records and thE preparation of accounts. These aOUnt5 have been prepared in accordance wtth the provisions appIlble to companies subject to the 5rnall CDmpanies regime. Approved by the trustees on 8th October 2025 The notes on pages 14 to 25 forrn part of these account$.
DtVERSITY MArrERS NORTH WEST LTD 13 Staternent of Cash Flow$ for the yèar ¥ndin9 31 March 2025 Year Elloed Y¢4r Ended 31 March 31 March 2025 2024 Reconclllatlon of nei movement in funds to net cash flow from opeiating activitie5 Net movement In funds Add back depreciation Dedutt Snvestment Income Decrease/lincreasel in stocks Decrease/lincreasel in debtors Increase/ldecre3sel in creditors 114,214 502 14,5771 124,1601 3,539 12,5871 12,8841 9,967 143,40ei 51.310 Net cash used In operatlng actlvlties 117,222 15.3041 Cash flows from Invèstment a¢tlvltles: Inte$t Purchase of frxed assèts 4.577 2,587 N•t cash provided by invejtlng actlvltl&s 4,5TI 2,587 Increaselldecreasel in cash and cash equbvalents during the year 121,799 112.7171 Cash and cash equivalents brought fopward 226,386 239.103 ash and cash equivalents carrled forward 348,185 2Z6.386
DIVERSITY MATtERS NORTH WEST LTD 14 Notes to th& accounts forthè year ended 31st Mareh 2025 l. Atrounting policies lal Basis of prepardtion and assessment of golng toncem The accounts (financial 5tatementsl have been prepared under the historlcal cost convention with Items recognised at COSt or transaction value unless otherwise stated Sn the rele¥Rnt notes to these accounts. The flnanclal staternents have been prep3red In accordance with the St3tement of Recommended Practice-. Accountlng and Reporting by Charitles preparing thelr accounts In accordance with the Flnancial Reporting Standard applicable In the UK and Republic of Irelènd IFRS 10213nd the Flnanclal Reportingstandard appllcable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. The charity constltutes a public benefit entity 35 deflned by FR5 102. The trustees wnslder that there are no materSal uncertainties about the tharity's abllltyto continue 35 a 8olng concern. Ibl Funds strudure Restrlcted funds are funds which are to be used In accordance wtth specrfic restrictlons Imposed by the donor or trust deed. There are 13 restricted fund5. Unrestricted income funds comprise those funds which the twstees are free to use for any purpose in further3nce of the charitable objects. Unre5trlcted fund5 include deslgnated funds where the trustees. at thelr dlscretion, have created a fund for a specific purpose. Further det3ils of each fund are disclosed in note 17. (¢1 Income recognition All income is r£cogn15ed once the charity h3s entitlement to the Income, It Is probable that the Income will be received and the arnount of Income receiv3ble can be measured rellablv. DonatlOn5 are recognised when the charity has been notlfied In wrltlng of both the arnount and settlement date. In the event that a donation is sublett to conditions th3t require a level of Performan before the charlty Is entitled to the funds, the income is deferred and not reco8nlsed until etther those conditions are fully met, or the fulfilment of those conditlons Is wholly within the Control of the charlty and it is probable that those condycions will be fultllled In the reporting perlod. Interest on funds held on deposit 15 included when recelvable and the arnount can be rne3sured reliably hythe charlty,. this is normally upon notlflcatlon of the interest pald or payable by the bank. Dividend5 are recognlsed once the dividend has been declared and notific?tion h35 beèn recelved of the dividend due. Idl Ejtpenditure Recognition Liabilltles are recognlsed as expenditure as soon as there is a legal or constructlve obli8atlon committing the charlty to that expendlture, it Is probable that Settlement wlll be required and the amount of the obligdtion can be measured (eliab. All expenditure15 accounted for on an accru315 b3515. All expenses Includingsupport costs and governance cost5 3re Ilocated or apportloned to the applit3ble expendhure headings. For more InfoTrnation on thls attribution referto note Igl below. lel Irrecoverable VAT Irrecoverable VAT is charged against the expendlture headln8 for which it was Incurred. lfj Allocatlon of support and 8overnance costs Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the publlc accountability of the charity and It5 compliance with reEulatlOll 3nd good practice. Th2s& cost5 include costs related to IndepEndent examlnation and le1 fees together with an apportionment of overhead and 5UPPOrt costs. Governance cost5 and 5UPPOrt costs relatingto charltable èctlvities have been apportioned based on type Df expense. The allocation of suptK)rt and governance C05tS 15 analysed in note 8. 181 Costs of raising funds The costs of raising funds conslsts of room hire and publlcSty. Ihl Charitable Artivitle5 Costs of charitable activitie5 include governance cost5 and an apportionment of support costs 3s shown in note 7.
DIVERSITY MAThERS NORTH WEST LTD 15 Notes to the a£¢ountsfor the year ended 31st March 2025 lil Tangible fixed assÈts and deprecSatlon All assets costing more than £500 are capitalised and valued at historical cost. Depreclatlon 15 charged on the following basis-. Computer Equipment 33.33% on cost Ul Reallsed gain5 and losses All gains and losses are taken to the Stztement of Financial Attivitie5 as they arise. Realised gains and1055e5 on Inve5trnent5 are talculated a5 the difference between $31Es prOedS and their opening carrying value or their purchase value if zcquired subsequent to the first day of the financial year. Unrezlised gains and losses 8re calculated as the difference between the fair value at the year end and their vèrying value. Re7li5Ed and unrealised investment gains ants losses are comblned in the Ststetnent of Finantial Attivitie5. Ikl Pensions The trustee5 irnplerDented an auto enrolment penslon scheme from February 2017. The Gharity hE5 no liability beyond m3klng its contributions and p3ying aCTOSSthe deductions for the employee's contrlbutions. 111 Debtors Trade and other debtor5 are recognised èt the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepald net of any trade discounts due. lrnl Creditors and provisions Creditors and provi510ns are reco8nlsed where the charity has a present OblitIOn resulting frorn 3 past event that will pmbablv result In the transfer of *unds to a third party and the amount due to settle the obligation can be measured or estirnated reliably. Creditors and provlslons are normally recognised at thelr settlernent amount after allowlng for any trade discounts due. 2. Related party tron8a¢tlon$ and trustèès. txpen5es and remunèration The trustees all 8lve freely their time and expertise without any form of remuneration or other benefit In cash or klnd 12024.. £nill. Expense5 paid to the trustees in the yeartotalled £2412024.. £nill. This related ta I trustee. Ernployees Afsan3 Begum and Sabinz Begum are related to one of the Chlef Executives. The related Chlef Executlve is not allowed totake part in any discussion5 involving the pay of these related parties. 3. Donations. Legaciès and General Grants Unrestricted Restrlcted Total Funds Total Funds Year Ended Year Ended Year Ended 31 Year Ended 31 31 March 31 March March 2025 March 2025 2025 2024 Donations Fundraising General grants.. Jigsaw (Bridges TMBC Commission) charte$ Aid Foundation Keystone Fund Gaffjeld Weston Foundation Transport for Greater Manchester Cycle and Stride Action Together Vacclnes Lloyds Bank Foundatlon 2,003 197 2,003 197 942 34D 3,637 15.439 16.667 9,934 1,500 27.5(M) 76.877 3,637 15,439 16,687 9,934 1,500 27,500 76,877 12,500 13.782
DIVERSITY MAThERS NOATH WESTLTD 16 Notes tothe accounts for the year ended 31st MaT¢h 2025 3. Donatlons. Le8a¢les and General Grants Previous reporting period Unrestrl¢ted Restrlcted Total Fund5 Year Ended Year Ended 31 Year End 31 31 March March 2024 March 2024 2024 Donations Fundraising General grants.. Lloyd5 Bank Foundation 942 340 942 340 12.500 13.782 12.500 13,782
DIVERSITY mAER$ NORTH WEST LTD 17 Notes to the accountsfor theyear ended 31st March 2025 4. Income from charitable activitles UnrestrÈcted Restrlcted Totel Funds Totsl Funds Year Ended Year Ended Year Endod 31 Year Endid 31 31 March 31 March March 2025 MaTch 2025 2025 2024 Restricted grants.. National Lottery Reachlng Communitie5 National Lottery Knowyour Nalghbour Awards foi All GM Moving Henry Smith Charity Home Office VVEA GMCA UKSPF Community Giants Pooples Health Trust Tarne5ide MBC Let's T81k Cancer Tameslde M8C Hate Crlme Fund Actlon Together CO Funds Action Together Cornmunity Wellb8ing 36,493 22,752 19,424 2,995 45,000 183,g84 45,490 36,493 22,752 19,424 2,995 45,000 163,984 45,490 36.493 22,247 152.249 12,230 4,998 485 4,998 485 10,DOO 4,993 356.614 10.000 4.993 356,614 10,000 9.987 243,206 Previous reporting pe0d Unrestrlctsd Rèstricted Totsl Fund8 Year Ended Year Ended 31 Y8ar Endad 31 31 March March 2024 March 2024 2024 Restricted grants.. The National Lottery Communlty Fund Resching Communities The National Lottery Communlty Fund Know Your N&ighbour Home Offic Peoples Health Trust Action Together Core Grant A¢tion ToJelher Cornrnunily Wellbeing 3e,492 22,247 152,24 12,230 10,000 9,987 243,206 36,493 22,247 152,249 12,230 10.000 9.987 243,206
DIVERSITY mAER5 NORTH WEST LTD 18 Nots¥ to the accounts for the year ended 31st March 2025 S. Income from othertrading activiti05 Unrestrjcted Restricted Total Funds Totsl Funds Year Ended Year Ended Year Fnded 31 Year Ended 31 31 March 31 March March 2025 PAarch 2025 2025 2024 Fee inEorne Rental Income 15.783 930 16,713 15.783 930 16,713 17,227 80 17,307 Previous reporting period Unrestricted Re$trlcted Total Funds Year Ende Year Ended 31 Year Ended 31 31 Marcli March 2024 March 2024 2024 Fee income Rental Incorne 17.227 80 17,307 17,227 eD 17.307
DIVERSITY MATfERS NORTH WEST LTD 19 Note5 to the accountsfor theye3r ended 31st Marth 2025 6. Expenditure ACUVltios ior the beneflt of people living Year Ended Year Ended In Hyde and 31 March 31 Mareh Tarneside 2025 2024 Expenditure on rai5in8 funds- Project Costs Events Publlclty Room hire ooo 1,984 856 1.647 5,387 900 1,984 858 1,647 5,387 120 701 1.504 1.125 3.450 Expendlture on charltable aCtIve$. Employment Costs Training Materials B8nefi¢i8ry Training BeneflclaryTravel Interpreting Childcare Costs Volunteer Expenses Réfreshm8nts Bad Debts staff Travel Bank Charg25 Subscription$ IT Mainlanancè Repalrs & MaSntenance Minor Equipment Cleaning Telephone Insuran Governance and Support Costs Post, Prln*ng & Stats"onèry Depreciation 268,001 5,829 1,912 18,161 425 878 1,089 222 2.339 268.001 5.829 1.912 18.161 425 878 1,089 222 2,239 224.034 3.258. 1,325 30,356 862 800 210 1,674 30 429 220 670 8.107 170 389 290 1,268 9,177 389 290 1,268 9,177 7,e80 180 3,007 1.909 9.030 2,646 502 7,680 180 3,007 1.909 9.030 2,646 502 266 2.169 2,124 15,232 2,404 3,539 297,879 334,934 334,934 Other oxpen(liturè: Miscellaneous 246 246 340,567 246 246 340,567 114 114 201,443 Restrlcted funds UTrre5trirted funds 334,200 6.367 340,567 239,286 62,157 301,443
DIVERSITh MATfERS NORTH WEST LTD 20 Notes to the a¢¢ountsfor the yearended 31st March 2025 7. Anaty5is of expendlture on charitablè 3tlivities As per note 6. 8. Allocation of governance and support costs The breakdown of sUPPOrt Costs and how these were allocated between governance and other support costs Is shown below-. General Support Governance 1,182 Total 2025 Basis of apportlonment 1,182 typ8 01 expense 4,982 type ol expense 7 type ol expense 24 type ol expense 967 type ol expensè 1,888 type of expensè 9,030 Accountaney Fees Freelance & Consultsncy Trustee Govemance Trustee Expenses Professional Fees Payroll Bureau Charges 4,982 24 967 1,8S8 7,817 1,213 Prevv)us reportlng period General Support Governance Total 2024 Ba818 of apportionment 1,380 type ol expense 12.178 typ& of expense 68 type of expense 35 type of expense 1,571 type of expense 15,232 Accountsncy Fees Freelance & Consult8nCy Trustee Govemance Professional Feés Payroll Bureau Charges 1,380 12,178 68 35 1.571 13,784 1,448 9. Analysls of staff costs Year Endèd Year En¢e(I 31 March 31 March 2025 2024 Wages and Salaries Redundancy Holiday PayAccrual Adjustment Soc131 Security Costs Penslon Costs 247.165 207.403 15,738 5,098 268.001 12,334 4,297 224.034 Support costs Charitsble activities 268,001 268,001 224,034 224,034 The average number of amployees during the yesr was 17 FTE 7.2 (previous year.. 151. The charity considers its key management personnel comprises the trustees and Chief Executlve Officers. The total employment benefrts, Including employer pension contribijtions of the key management personnel were £45.307 (previous year.. £40,154). No ernployee has benefits in excess of £80,COO Iprevious year.. none). Key managernenl personnel are G8mm8 Gaskell and Rehana Begurn. The figures above cornprise 5D% of each salary. 10. Independent ExamlrTrer Fees Year Ended Yèar Ended 31 March 31 Mar¢h 2025 2024 Ind8pendent exarnlnation fees 1,182 1,182 1,380 1,380
DIVERSITY MATfERS NORTH WEST LTD 21 Notes to the accounts forthe year ended 31st March 2025 11. fanglble Foxed Assets Computer Equiprnent Total Cost At l April 2024 AddStlons At 31 March 2025 26,776 26.776 26,776 26,776 DeprecIaton At 1 April 2024 Charge for Year At 31 March 2025 26,274 502 26,776 26,274 502 26,776 NET BOOK VALUE At 31 March 2025 At 31 March 2024 502 502 12. Stocks The organisation sJoe5 not hold any stocks. 13. Analysis of debtors 2025 2024 Debtors Prepayments 38.501 12.710 51,211 45,108 3,219 48,327 Debtors and prepayment5 related to restricted funds£40.038 atld unre5trlLted funds £11,17312024.. £45,1221£3.205. 14. Creditors= arnDuntsfalling due wlthin one year 2025 2024 Creditors Short-temi compensated abSenS Iholiday payl Other ditO and accruals Deferred incorne 5.176 5,713 1,182 57,376 63,734 1,203 46,851 53,767 15. Deferred Incomè Deferred Incomè compris&3 grants paid in advancè. 8alance as at 1st Awll 2024 Amount released to incotne eamed from charitaLilè actmties Amount deferred in year Balance at 31 March 2025 46.851 146.8511 57,376 57,376 18. Credltors: amounts falling due after more than ont yèar Z025 2024 Provisions for Irabile5
DNERSITY MATfERS NORTH WEST LTD 22 Note5 to the account5 for the year •nded 31st March 2025 17. Anatysls of charltable funds Anatysls of movements In unrestrlcted funds Balanc8 at I Aprll 2024 Incomlng Resour¢es Resources Exponded Transfer5 Balance at 31 PAarch 202S General Fund Deslgnated Funds 89,717 106,393 196,110 98.167 ie,3871 137,5551 37,555 143,982 143,948 287,910 98,167 8,3871 Prevv)us reporting period Balance at 1 April 2023 IncomSng Resources Resoureès Expended Transf•rs Balance at 31 arch 2024 General Fund Deslgnated Funds 136,232 87,958 224,190 34.077 182, t571 118,4351 18,435 89,717 106,393 196,110 34.077 162,1571 Name of unrestricied fund.. General Fund Designated Funds De$criptlon, nature and purpose ol the fund The free reserves" after allowing for a51 designated funds Forfutur8 redundanw and cbsure costs Analysis of mov8m8nts in restrieted furtd5 Balance at I Aprll 2024 Incomlng Re8our¢es Rèsource Expended Transfèrs Balance at 31 March 2025 Nats"onal Lottery Reaching Communltles National Lottery Know Your Neighbour Awards forAI GM Mowng Henry Smith Charity Home Office WEA.. GMCA UKSPF Comrnunity Grants Peoples Health Trusl Tameside MBC Lets Talk Cancer TamÉside MBC Hate Crlme Fund Action Together Core Funds Aetion Together Communlty Wellbeing NHS Tameside & Glossop CGG 4,663 117 38,493 22,752 19,424 2,995 45,000 163,984 45,49a 141,1561 122,8691 18,9721 10,452 2,995 14.479 1,440 180,5211 1162,5441 145,4901 4,998 485 10,000 4,993 4.998 14e51 115,7991 16,35£1 5.799 1,263 13,388 25,338 13.388 47,752 356,614 1334,2001
DIVERSITY MAThERS NORTH WEST LTO 23 Notes to the accoUr for the year ended 31st March 2025 17. Anaty5is of charitable funds Anatysi5 of movements in re5tTIrtEd fund5 PreoU5 reporting peTiod Balance at April 2023 Incoming Resources Resources Expended Transfer¥ Balance at 31 March 2024 The National Lottery Community Fund The National Lotkry Community Fund Reaching Comrnunities The National Lolkry Comrnunity Fund Know Your NeighbouT Home Office Peoplès Heatth Trust Acts"on Together CO Grant Acts"on Together Community Wellbeing NHS Tarneside & Glossop CCG Comic Relief Mlnisty of Juslice Acts"on Together Befriending Matters Action Together- DA Project Action Together Ernerg&ncy Funds 1,270 11,2701 131,8301 122,1301 1152,2491 114.0951 14.2011 18,6241 36,493 22,247 152,249 12,230 10,000 9,£87 4.663 117 1,873 5.799 1.363 13,388 13,388 3,426 40 1.000 421 21,418 13,4261 1401 11,0001 14211 1239,286 243,206 25,338
DIVERStTY mAERs NORTH WEST LTD 24 Note$ to the acfounts forthe year ended 31st March 2025 Nam• of restrietèd fund.. National Lottery Reachin8 Cornmunitle5 Descrlptlon, natura and purposè of thè fynd emergency core funds to support the orgsni58tion to reduce rellan on granls and trust rundlng by developing altemats income generatlon St8M$, induding sales of services, commlssionlng and fundraising and donations. to dellver a supported volunteering programme, bulldlng skills and confidence of South AsSan women using a peer support model. Removlng barriots and increasing IntegraOn anrl p8rtieipAlion in communty aCtitty. training lor volunteers and stsff dèvèlop inrjusive volunteering training co-produced wrth volunteers core running costs to support the charltable woik of th8 organisation.. Women's Learning Training Employment. h8811h and wellbeing and support for wornen in crisis Women Supporting Women , group activitie3 and peer supporL by and for work supporting South Asian women ITr cri518 Hidden Gems.. Removing barriers to South Aslan woman lo a¢ce55 online services, training, volunteering and employment opportunities. Including digital skills, Confiden buildlng, travel tralning snd pr8-voIuDteering courses to deliver a weekly culturally sensitive, 'Women Matters Hub, building confidence, Improving weSlbeing and g81ning peer support to deliver volunteer led work to ralse awareness of breast cancerwth South Asian women, in¢luding event, woM(shops, d85ign of displays an(J nformation leaflets lo delwer a ¢omrnunity arts sesslon, creating 5af8 sp3 forwomen to talk about Hate Crirne, and raise awareness of how tc report emergency core funds to support the organisalion to reduce raliance on grants and trust fundlng by developing alternate income generation 51reams, induding sales of seNices, commi55ioning 3nd fundralslng and donation$. Bereavrnenl Support Project to support the core $tS of Tent and running th8 eerrtre. National Lottery Knowyour Nelghbour Award5 for All GM Movlng Henry Smith Ch3rity Home Offlce WEA.. GMCA UKSPF Comfflunity Grant5 Peoples Health Trust Tameslde MBC Let's Talk Cancer T3meslde MBC Hate Crfme Fund Actlon Together Core Funds Actlon Together Comrnunty Wellbeing NHS T3rneside & Glossop CCG
DIVERSITY MATfERS NORTH WEST LTD Notes to the attountsfor the year ended 315t March 2025 18. Analysls of llet assets batwoan funds Unrèstrieièd funds Deslgnated fundB Restrlct funds Total 2025 Tangible fixed assets Cash 8t bank and in hand Other net current asselsllliabi1itiesl Creditors of rnore than one year Total 179,245 135.2831 143.948 24.992 22,760 348,185 112,5231 143,962 143,948 47.752 335,862 Previou8 reporting pgriod Unrestrlcted funds Dèsignated Reslrlcted funds funds Totsl 2024 Tangible fixed assets Cash at bank and h8nd Other nel current 85set51lliabilitiesl Credrtots of more than one year Total 291 89.371 55 211 30,622 15.4951 502 8,386 15,4401 106,393 89,717 106,393 25,338 1,448 19. Flnanclal Instruments The charity only has financial as5e15 and liabilibe3 of a knnd that quality as baslc finanaal in51rument$. Basic financlal Instruments are Initially recognised on a transaction value and 3ub$equently measured at their 5ettlemgnt value wlth the exception of bank loans which are 5ub$Èquentty rneasured al an amortised cost uslng tha eff&ctive intere31 method.
DIVERSITY MAThERS NORTH WEST LTD Z6 Income and Expendlture Account Year Ended Year Ended 31 March 31 March 2025 2024 Income Donations Fundraislng Investment Income Other Income Gener31 grants.. jigsaw IBrldges TM8C Commlssionl Charities Aid Foundation Keystone Fund Garfield Weston Foundation Transport for Greater Manchester Cycle and Stride Action Together Vaccines Lloyds Bank Foundation Restricted grants.. National Lottery Reaching Communltles National Lottery Know Vour Neighbour Awards for All GM Moving Henry Smith Charity Home Office WEA.. GMCA UKSPF CommunityGrants Peoples Health Trust Tame5ide MBC Let's Talk Cancer Tameside MBC Hate Crime Fund Action Together Core Funds Action Together Communlty Wellbeing Fee income Rental Income Total Income 2,003 197 4,577 942 340 2,587 401 3,637 15,439 16,867 9,934 1,500 27,500 12,500 36,493 22,752 19,424 2,995 45,000 163,984 45.490 36,493 22,247 152.249 12,230 4,998 485 10,000 4,993 15,783 930 454.781 10,000 9,987 17.227 80 277,283 EXpendIre Project Costs Events Publicity Room hire Employment Costs Training Materials Beneficiary Training Beneficiary Travel Interpreting Childcare Costs Volunteer Expense5 Refreshrnents Bad Debts Staff Travel 8ank Charges Subscriptions IT Maintenan Repairs & Malnteftance Minor Equipment Cleaning Telephone Insurance Governance and Support Costs Post, Printing & Ststionerv Depreciation Miscellaneous Total Expenditure goo 1.984 856 1,647 268,001 5,829 1,912 18.161 425 878 1,089 222 2,339 120 701 1,504 1,125 224.034 3.258 1.325 30,356 862 800 210 1.674 30 429 220 670 8,107 170 389 290 1,268 9.177 7,680 380 3,007 1,909 9,030 2,646 502 246 340,567 266 2,169 2,124 15,232 2,404 3,539 114 301,443 Suypluslldeficit for yearl 114,214 124, 1601