2024-03-31-accounts

CryDpDy y¢gisNiots nmber. 07663315 (l•Tityr¢￿￿tsth mrynixr. 1143830 Race Equality First Limited (A c￿ limite4 by alw￿) forth¢ Yur 31 Nl#¢b 2024 HSJ Awlit Limitrd RcBiStered Auditor Hazell Dnvo Newport South WAI¢s NP108FY

RAtt Flrst JAmlted Contents Strntegic R¢p 2toS Ind¢p¢Dd¢nt A￿41*1￿1 Re[￿rt 6t08 Ststanellt of Fitsthe]￿ Athivili 91010 Bilatte Shtti StstCmC￿ of Cth M¢ 12 Notuto the Ststemthts 13to27

Strategle Report for the Y￿r EDd¢d 31 Mar¢h 2024 31 MaT¢b 2024. in ¢(￿11￿ v&ilb 1414C of the Act 2￿. PoA¢y om péserv Th• onwu8 of Living bu Rquirtd BAe¢ ￿4￿￿lty io to adapi •lld fitra altert￿tiVe 8olutiorJ r￿u[E￿ to find new lo the De¢15 ofourbeD¢fKiaii#. Th¢ iwplw 7t4eTves allow Rxe Eq￿lIty Flnt io m•n8Be ¢trong¢ •nd ¢r¢•tr • mon robu￿ Cff8gniOatiODoI itructure. Over th¢ L¢xl fits•rÈ¢ial yur, 2024.2025, the followiD8 divitits ￿lT¢s1t d¢vdopIlluLts iTe p]ann¢d for tr (knttimlith:. • Maintainin¢ the redUDd￿cy 10 £89.462 w rt(]ed th¢ cwr¢ffj tsffinR kv¢Js Cffltimiity of ovr c(ffe xrvicel. re￿￿¢￿ whd a&liiionai mff rolos from tyjr thrntr8i¢ Tetoryes of £216215 • A review 8t￿ ￿p￿ted CERD Shadow Rwi for W•ks oAd dEle8ation to the Unlt¢d N•lioM itt GenevA rt A co# of £60.r éJldl Thor¢•v¢ Th) deficitw it31 M•r¢h 2¢n4 bel￿ D)¢t froty UM¢kncted Teoem. The IllVegtin￿ policy tht b￿C thpled is duipcd retwnl at low riEk I￿1 ii regul￿ty revi¢w¢d by the FiDwKe coll￿￿11¢<. kny tr)t (knnn8 the ycar is rt•illW¢JtryJ itsto tbc ￿tl￿ti¢￿ of the G￿trAIR{lkMllmogtTrjf￿I overhead costs f£¢ $ix months in utiJik¢ly ¢irtunI9￿¢8 il llo l(rfy recaved fvthg. The StrAt£￿ report vms lpF￿val by th• orth¢ ch•Tity(m 17 May 2024 aTh4 on 115 behalf ty. Page I

Th¢ truste¢4 who ore ithredrA8 kn thr puryx)6ES of ¢4Jmpany law. Pre￿ tt rIDU￿ Tepon with thc fuwll¢ial stakmth •Dd AuditOTS'W ofthc charitsble cowy for the ytAT ended 31 M•r¢]J 2024. W¢ are ple4Aed ro iyrt i Imlthy balance fw OUT pl￿erf proje¢ts •gaim W¢ 6¢cured three M￿lIeT Wt5 of fin￿7￿¥ this year for th¢)rt.ttm, tyywed Proix￿ io ftsr w￿l1d ￿[erS ind lo promole health and rth]eM for 8roups ¢rw &vJth w￿e1. We h•ve alEo 8e£ymJ funding fmm lh¢ Nationlll L4lt¢ry Fuhd io Black and Minority EthDi¢ p¢ople a¢ros¥ w￿¢8 About th¢ir civil 5esal Th¢ proj￿1 4150 providrg It¥iDiDg for for Klwol S￿dents to edut about hwgehold ifrms repAiTS. food aDd tkthiDg. W¢ A%r¢ •lw suc¢eMfvI in In appli¢iion to the Carm Trn6t W•lei Shon BreAkn p￿￿dIng Short tri￿ •nd activili# who frqu&LtJy put their ow he•lth And bold whibt C•TiJ¥ for th¢ir lov￿ both ofthele support 1.558 utt￿]d iince April 2023. The N¥iional Grid A¢tive C¢4nTowiliu Fulld •lloThTd u to iw•rd gThDts to &rAIIu 8TWP$ Ind orgglli8thion8 to provide wxiviti¢s to th¢ir OWD b¢uefi¢i•rits. able lo pur¢kne gym wj fithcst equipm¢ffi. or y forpoDI, pitch Ven￿ biff. Followin8 the lAu￿b of the knti-r•lN￿ W•Je4 A¢¢lL￿ Race Equality Fir￿ JJ•s pryDvithd 8uidancè to & v•Ti¢ty of publi¢ vxtor or￿tIl￿ on hov the Anti-rAci# Wths Aetlon Plan within Ih¢ir own poli¢ies proc¢¢bJT¢i. Ow Financial and Di811￿ In¢lwi¢)n rrfoJ¢¢i h•$ pmidd advic¢ •nd •upp)rt ts th ficiD8 food and euel povwry •Jd p¢OPh￿ ¢l•im their tDtitJUn￿lS It b¥ been at)￿h¢r y¢ar of and 4¢b]evU￿1. Th¢ MEE in Mind Projed 1.315 people d 529 people were ew8d im ow e4kn4tioA•l tt#ioN. The DiJ¢rIrDIr￿ti0ll oDd H&te Crim¢ Cu¢wozk s¢ryi ist¢d 305 vidimi al￿ hve 1877 itsj1d￿11, iKluding 1.724 pupilB, in Acism ODC¢ iym, Equab"ty FITJI Con￿1]dat￿l its positi￿ u the It&1 orytiimtion io WAk• fot fi8btin8 for i￿1¢¢ for victiw ofdiWn￿IwoD axbl bth vè the yetr iti * fu￿*llY 5tron8 wilioti, For Ra¢e EqU￿tty Flrtt. itrategic plannin8 will b•¥¢ • wtitinuiD8 for￿ OD er￿ill8 th•1 tb¢ public Jeclor in)pl¢m¢n¢ •nd •dh¢re to their reSE￿n11b1]ititr5 existiD8 lest￿￿1￿ •Dd Anti￿a￿tt Wales Aclion Plan. Thc yc4r all¢￿ will focus on the J￿8 of our b¢hefi¢i•ries in dv•lin8 wrth the ODSOit)8 eOMwof-livinB eriiiB'. the health ond ￿lfare of th¢ cOmm￿]tiM w¢ work frA our rtacb thE KTricei ￿lth ¢w¢tllly w￿¢￿try¢ th¢ MinoTity Ethni¢ ¢t•nmwiiti# ID WAle h8¢2

Raee Eqll•Uty Ftrlt IAmlted ffbllebthé The Charity 1$ i wolwntory attd ¢btrttsble oryDisitiL¥L Nthich io)S io th¢ eli￿1￿41ioll of r•¢1 diicrimiNtso4 prnTri ¢qU￿$ty of oppxtutiity AkYOSS •llpiotetied charnct4yi81ici withiD thE Eq￿lity Att 2010 Tr {Tr8￿lIatI(•I Aiml ¥thith•ed Ibmuqh th¢ thlivtsy of 12 •1 F￿￿]Ity FiT31.. DiKrimiNtion knice., Advoc¥y fw Victiml of H•t¢ Crtme,. Advocacy for EtbnTc fvsinority Peopl¢" TTrlliin& Poli¢y Develcothen(' Ix¥hb Idvocy. w￿lbe1D0 xlivitie4 & supporf: culluraj 11Le ty8ter4 thllt tbry ¢oTrplid the r¢quIrttiX￿ts of rtdion 17 of CThwitieJ A¢t 201110 v¢ du¢ Y¢8ud to th¢ publi¢ bu￿fil wbbth¢d by thè (Jarity CoDwil￿ for Enxland •ttd W•le•. R¢fer¢nee ##d Admllltstril￿ Detsl 1143830 07663315 FJc4x We61 I lJ-116 Bu Stre CFIO SEQ HSJ Rcwrterd Auditor H￿1[ ￿j¥ South WAle• NPIO IFY Bankm: Unty Th¥t NI￿ Bri￿ PIX¥ BI 2HB Tnut¢¢B and olfj¢en Pay3

Raee Equallty Flrrt LIAklted Khalid Osmu C4th#ine Eunon T•h• Ydri• Mutsh¢r Jd>th Kbats Gwmit S￿b Band￿wI 23 Jw 2023) R¢yn¢Ne Rob¢rn (appolnttd 23 2023) Dth Cn im JaTD•J (•mMnled 23 2023) stru¢ty￿ Amd Th¢ Chuiry 18 co￿ti￿￿ed ¥ • ¢omptty limil¢d by its 8OVerniD8 dOcuM￿tr 4T¢ its Mernomhlum w¥J Athl¢8 ofA5￿clIti￿ Its QArity Nuokn ii 1143830 •tyJ Compw i1¢81K￿l¢M 7663315. Trueei re elttt¢d by mernt￿. TrpJ91ee• #e Atqwini¢d ID I￿OrdIne¢ with oul in the •fti¢les of ••xi11soL A ¢opy of tho fiicle& of¥¥o¢i•tion th aVAitsbh from tt Cornwy Seatw ai the It￿￿ter￿ office th5. New Th]8te¢s have •eus8 10 8¢45iiw lo brief then) 00 tht4r le8al obli8•tioDs ulldEr ¢th￿lty aDd compwy liw. the cottt¢tst ofthe kfcn¥)rath Arti¢1¢4 ofAswKi•tioL thc rlryllmi￿ wyd isionvm4king PDXUX9. the employeei And other Tnwtts. Tnutees are abl¢ to attcnd ¥proFrfiJle txterEwI tr•in¥ng events whtrt th¢K will f•cilitst¢ the ￿ of ¢he rok. A DirectOTrrnMke H￿th0Ok h•5 beah ojtopllesj to pM•ride key information INJ 1$ iviilible to all Tryrt¢¢8. None of th¢ trubteu b¢D¢thil irterut iti the CthDpw. The day to dAy fooDiD% of the Cbuity and delivNy ofpTOi*ts is wxkr th¢ emtroi of¢be CEO Ind he( staff. Tr CEO rrpor(s ikT¢rtiy to the Board of PaA¢4

The ¢nJst¢¢¥ {wkn are kn th¢ dit¥cti)Th of Ra¢¢ Fwlity FA￿t Lithiw fai tht pwpoxs of CLYnPany knw) COm￿Y low reqyir¢8 the tnw•u to prtyre fmwia] #atemeDts for each fiDthciÈl yur. Under llw the tr￿te￿ musi Ni approve th¢ fjnall¢iil ttykss ¢b¢y #Te s•tisfj¢d tbal thcy Biye a atKI fmir of the stsfe of iffair8 of the chaTitsbk COrnPWLy and of its rcBource8 Application of re40urcu. indudin8 its ill¢4Th •Dd ¢xpothtir< for thii puiod. Jn preyrin8 thtte f￿￿la1 o¢Ameth, the TMtr¢s a quirtd to.. ob¥erv¢ the m•tho& trd iti tb¢ Chtlti¢s SORP,. propare the fin￿1￿1 ￿terneIbts on the going bw it i• 104?￿¢ to p￿u[rn thi the ¢b4Titable ¢ompry wllj ¢cffjtinue in bwrrtas. The trdsiees are r￿F￿Nible for keepwg t￿orth Mfficy¢ut to sbow expkniD the cILArirable comp4t)y'i tr￿￿CtiOn￿ Ind disclose ￿ re•wnthlc li time the finw1t1￿ position of the charitknle ¢OthPDy ¢nbl¢ th¢m to ¢Mur¢ thtt ts fill•[Ki￿ •t•t¢ll)￿ ¢omply with thè Cow•nico A¢1 2006. They are also respowible fry the asaets of thc chan'table coJnp•ny iK4Ke for tskin8 r¢Aion•ble for tht w¢v¢niioJ md del￿1)0 of fra￿1 ond otherur¢sul•riti¥. of (• •Mdllor EAch trwtse IAS tBkem ￿ep8 that t￿ oulbt b) blve tthD u a fntsta¢ th¢ra￿1Ve8 iWOT¢ ¢f￿Y r¢l¢vpttt 4vdit 1ofornJ4ti0n Jnd to ¢uthblish that th¢ Ch￿sty'S authtor is awue of th•1 infi￿•tiM Th¢ tswt¢ ¢onfum thAi tb¢x¢ li r¢kvAnt inforn￿ know of of vkni¢h they kllow the Auditor li w•w•r¢. The 4nnuAI rygrt •pwov¢dby th¢ tna of th¢ ¢hwrfy 17 Moy 2024 Iud li￿d on its b•hAlfby: TrD5te¢ Px8e S

Race Equallty Flrrt Llmited IndepeDdeDt Audltor'$ Rwrt t• the Mejnben of Ra¢e Equallty Trlrst landted Oplnlo Wc baye I￿111td the fllthtttixl ststemthts of Race EquaEtty Fir￿ Limitel (the 'charity) for the yw eftded 31 Marcb 2024. W1￿Ch COMWLSB the Srntement of Fin¥￿7￿ AGtivitie4, B•lw)G¢ Sh¢¢t. Sf¥tonet)t of Cash Flo￿￿, •nd N¢X¢S tr) the FI)￿claI S¢￿e￿￿. inchth8 a SLllDTEXry of 5igDifi¢kni ac¢thuLtiD8 p)licies. The finDci TCPOTtin8 fr￿n¢wOrk thit bs kn Appli¢4 iti tts¢tr pwtion is United Kitt8dom A¢¢owrti08 s￿0d￿d$. ¢OnWriSiDg a)an"tie6 SOV- FRS 102 Tr FiDEn¢ial RtyKJrtiog Sthtthrd wlicAbl¢ the UK Atsd R¢publi¢ of ITelond' •rKI Appllt¥bl¢ (Unittd KJo8dDm Ge￿[%￿Y Pr￿"¢¢). In OUT OPiDiOJL the fin•n¢i•J Jwemcnts: 8ive 8 tnw 2nd t•ir vi¢w of the tste of the rI￿lI￿S iffm 31 Mu¢h 2024 und of its for •plnloD W¢ ¢otsdu¢t¢d our •ydit iti •¢¢oftkn T￿th ltyaJ•tioD•I Swdarth oll A￿ltiD8 (UK) IUKI) liublo law. 0￿ Tt4%)Mibiliti¢b Urtder those de￿rib)I in th¢ •uditsx rel￿￿81b11Itlts for the of th¢ fir4wiil 8t•tNnenii Beaion of ow rEPOrt. We ￿¢ ithw¢Jthi of Ch￿￿ty iti •ceordan¢e With the cthic41 rtqwrn)witi thAt •re r¢]evhi io otsr adlt of the fillancial tt4theDts in the UK ITICh￿in0 the FRC.'$ Fth1￿1 StsndBrd. and the proviiiots available fth $th￿l rnliiieg, in cir¢w))•w)tts in noie lo the rmth¢iAI $tstem¢Nts, •nd w¢ have fvlfillèl our other ethical iliiiu ID cwTdgn￿ with th¢•e reqvw￿lCllt¥. Wc beli¢v¢ the awlit rVEd¢￿ * h•v¢ obt4iT•I is syffici¢ffi ihd •ppropri• to provide & Iwii fw our opinion. In •uditing the fiNn¢ial Mtem¢nts. h•vE ¢on¢lud¢d Ibrf th¢ try•t¢M UX4ofih¢ 8oin8 con¢¢rn buil of a¢￿￿ntin£ Ln th¢ pryTrtion of the 6DrnEi41 sNenwnlb li WiAte. ¢olldition¥ that. lpdiidu￿Y or Coll￿(1Ve[y. miy t4￿ 8i8Difiunt doubt on tht chwity$ abi]ity to conlinue u • goin8 collcern for A wiod of at lew twe]ve D>Jnthi from whro the rrfizi#•J stst¢Dnts wtre authoriBed for iwj (hr responsi￿rItieS Bnd th¢ ￿sPODS1bllit￿ of thr l¥ty1tt4 with I¢1p￿t Irj 80108 ¢oJ¢¢rn •Je the I¢vAnt sectioro of this rtpon. Other IRfornitlo The trustees are respjniible for the otheT Thfonmtion. The other Inform•ti￿ ¢omprM the tDfozm•tion included in the anmJa] report, other tbe finwjal sthtemeth Illd our 4uditor'5 T¢POrt Our op?nion on ttbt fmanciAI thtmenti Dot ¢ovtt the othtr infLYm•tioh ex¢¢pt ¢xtw oth¢rwis• txpli¢itly slatcd iti ow i¢porL we do nol expre81 I￿Y fornj of ton¢lul¢Jn thffton. ¢oti1￿100 with audit of the fiJun¢iai our rc4Kuibllity Tud the other infonLation a ill doiDg ￿, co￿10¢r wlth the other ithThtioD is Jmteriilly ifj¢onsist¢nt with the fJn8tt¢itiJ s￿eme[Lts or kTw)wled8¢ obt#in¢d ffi th¢ #udil or ¢)ther￿ Ippe￿ to b¢ ll￿t￿la1fy miMt4d. If w¢ identify $uch tntsril iiststeDxnl in the F￿￿ClaI stllttm￿ts or a mlltcwid rnlBs¢•lN￿ of th¢ otFr itifDmiation. l( based on tbe r¢qw'r¢d w re[￿th￿ facL PaÈe 6

Independent Audltor'6 Report to the.M¢mbtrs of Race Eqll￿ty Slrgt Llmlted OpJTth)m •n •lher wttern ?reKrlbtd by the Att 2096 In Ouropinio￿ on the UDderfkn ID tkn ¢£￿￿e of th¢ •udit: th¢ infornliort givm ift thc Sttate8ic Ryrt and Ttwi#s' Rwrt for th¢ fiDwial yw for which th¢ ltw• vlkb w¢ •re r¢qMlrnl to r•p•rt by exetydo bj thc li8ht of our knowledge and ur4dern￿n8 of the cbrity •tyd its ctsViT￿ll￿l oM#lntsl in the of the audit. w¢ not id¢fjtifie4 mi#tsteJbJts in the Strotry Rwl and the Truthej, ker￿. 1¢p￿1 to ]( in ￿0pm1(￿.. from brnn¢hu not wjited by￿ or we bave nL rectived Ill the infonNI1￿ ￿K1 ¢xplwAllth ￿ rw4uire fiv IMrudiL Re￿O￿lIb￿[thi Df trurttts As explain¢d n)Te fvIIy ID thE Styt¢DWM of <#t ￿al OD pw S}, the In￿1¢￿ reyThsible ft¢ th¢ prep¥r8lion of th¢ fiDanci•I •tsi¢m￿tr Ind fw beiti8 #tiÉfied they Bive i In flir view, •nd for buch tnttrnAi control ts thè trwte# deten￿ IJ ll¢ce•l￿ w aJ•ble Ib¢ pr¢p•rntiots of fir￿￿¢1•] rn pw•rin8 the fmwKial stAteDxttts, th¢ Irwtw ￿¢ fot W¢SSiD# the ¢b•Tity'8 •bi]ity ts) ¢oti¢lti￿ i¥ • goAth8 Conm disclosi4 u oppliubl4 llJ•tterJ w¢lat¢d to 80in8 ¢onm ￿ usiD8 th¢ goits8 con¢¢rn bA6i8 01 wnuive but wdo w. Audlt•r reW￿lbIllrf￿ for tht iudlt •f fbe IIM•d] Our objec4ives to obtsin r¢•xwble Aboul whethtr the fitsèDci￿ • wholo arr fre¢ from mitttio] miststrincDL wJKdKr to OT aror. to i4sne in wdityr'i Fepth that include4 our QPiDiOD. Re4wnAble a kn8b leyd of isÉur*D￿. is Doi • th4t Dudit conthLCtbJ in 4¢¢orth￿ with ISA5 (UK) will •lw¥ys dc1¢￿ • zDDlcri•l it Vl81$. Miutaremetsts c4n 4TiS¢ fTQm fraud gr eTror wnsid¢f¢d m•t¢rid i( iodiv¥lu•liy ¢x in ttb¢ 188rtgate, IlKy could reaBonably b¢ expected to inOlleJce the ec4noroit dea￿l&l ¥thterneD The ¢xtsit to ￿1¢h tyjr proeethw¢8 are ¢yb]e of de￿1)￿% ￿￿￿arli)￿. ineb)￿"￿1 frwd is detiil¢d below. Bwd on the re4ult¥ of our rijk w¢ d￿1￿] wr •wlit pNxtiluTU kn i&Dtify m•t¢riAI rniSSlat¢merJt> ill r¢I￿lDn10 fr•)Hl.

Ind¢pendentAudltor's Ryrt to the Member8 of Rtte Equallty Flr8t Llnfft A fithher deS￿l￿1th of 1¢ •v•ilabk on th FWD¢1￿ Rwtin8 Co￿￿11,$ 8t.. of ovr report This Ttport is wlety w th¢ MQ¥•DyI In¥t¢eJ. •0 • bfyty. in with 3 of Part 16 of the comp￿LitI 2W6. Chw •udit i*¢n $0 th•x vrt to the Ch￿Ilv,1 iuiees th￿t mittm ￿ Arn wwrtd to to kn in ￿ auditor s for no ther pwpJ3c. To the fvlleii extent pmitted by l•w, ￿ do not or iliTh' w Anyone oth# thln the chKitsbl¢ ¢4rAp•ny jnd its as• Wy. forour wxlit for thiz Ye￿r( or the opiniLW ￿ bav¢ fom)ed Mr ADdr¢w Hill FCCA ACA DThA BFP (Senlor Stsnrtory Audhor) For and on behaifof HSJ Avdit Umittd. Stsbjtory Audt Sevryj Hou Hazell Drive Sowh W41 NP108FY 21 Miy 2024 P•ge 8

Staternent of Fhwiaal A¢dvld¢s hr the Y¢Ar Ended 31 M4reh 2024 OncludlDg In¢ome and Ezpendlture A¢eoutht aod Ststenlellt of Total Ret0Enl￿d G•in$ And Lonej) Totsl 24 fu• Intom¢ Ind EThdoww¢4ts fr•￿. Do￿10r)S Ind legacic4 Ch￿itable actsvitsel Other tr￿70¥ ￿1vIll¢S 13399 13,399 617,320 13270 2,948 492 617J20 3,340 9.930 1948 Othcr incoT Total inCOTn¢ Exp¢ndl¢¥rn •n". Chuitsbl¢ xli¥iii¢i 30.6661 expeDditUT 1711) 13 1051 (80,52 (81,237) N¢t miw¢nKnt in fiJndi (13,816) (67,421) (81.237) R¢eoMdllitlon of fvjdi Totsl Jmds iyoughi forwltd 710 S69 19 431317 198,015 Thc OD pyge$ 13 to 27ftsrm ￿ ifjte8n] pm of lkne m¢trts. P•g¢ 9

Ra¢e Equauty Ftr8t Umlted Ststsm¢Dt of Flnalld￿ Aedvhlu f•r th¢ Yw Ended 31 MArch 2024 Undudlnz Intome and ￿PendItUr¢ AecouArt and Statement of Totsl Recogn1￿ Gathi and IAHes) Totsl 2423 rD¢ome E•dowmtDts frnm: Dpn81i0Ths and I¢£Ades Ch4rit•ble Activili IXheT t￿dIn8 aCti￿ts Inveskn¢nf income Otthcr income 268 93.994 24.2S0 1.140 8.818 268 661,055 29.165 1,140 567,061 4,915 571 128 470 ￿76 Expendltyrn OD: 5BO 632 Tot41 CxP￿di￿re Net in¢ome 96.715 23.099 71.325 3251 119,814 N8tThJv¢m¢ttt in fund• 168.040 {48.226) 119.814 R•con<ll1•￿•￿ •f fvttdi Tottt] brou8ht forwtrd Toial fimdl eri¢d forwvd 19 265 436 710569 All of the ch&ritys activiliu duive from ¢ominuinz op￿￿7(￿ th¢ •bove ￿ periodo. Th¢ for 2023 is th)wn in nott 19. Tht not¢s onp8es 13 ￿ 27 fom aD iDtegrnl wl of thex fitiKiJl 5tsleD￿ts. Pale 10

(Iteglstratlon ttumber: 07663315) B￿Ante Sheet as a131 Mareh 2024 2024 2•23 N•te Mycd itsets Tan8ibl¢ ame 14 3,654 6.42¥ tkbiors Cath 4t bank and in hwd 15 114,247 541,676 655,923 73.778 677 372 Credlthr•: f•lltht d• ye•r Net curr￿1 7SI,150 47.009 N¢t •1•ets 629 710569 Funth of the thArlty.' Rutrl¢led Ij￿10t R￿tr￿ed fiJTrd$ 198.015 Unrertrlct¢d ID¢oo t•• Unrutricfvl fw 265,436 431317 TotAI futsdi 19 710569 Th¢ f￿￿111 tellMDts OD ￿¢0 9 10 27 Thwe 4yo%Yd by the truth￿, toT iMu¢ on 17 2024 iiwd on tboir l￿bY. K¢bkn Kwiw TrdaDThoh Tn]Bte¢ The I￿¢8 on poEe$ 13 to 27 fm an mtwal p•rt of finaJKiJlmDn hgell

R#¢ Equality Flrst Umlted Ststement of C￿h Dlows for the Yw Ended 31 MAr¢h 2024 24 2023 Cmh no￿ frorn operlthii iedvttltt (81237> 119,814 AdJwlm¢nts t• caih I]•￿ oon44•h Ite 1774 4.127 (81.4111 122.801 ltsoti$e iD debto In¢reate ?n LrditoT¥ 15 17 (40.469) 12,197 {83591 2.311 N¢t ¢•th flow• from ¢)pEr•tin8 •ciiwitie C•ih nov￿ from lyjvulthg itflvhl (138,6441 47.108 Net (decrw¢llth¢rn•M h cub •Dd ¢ub ￿]y&l￿Al Cuh Ind ¢tsh L¥Trunl¢nii •1 l Aprij C*th lpd cuh ¢quiv•loth it 31 March (135,696) 677 72 48248 AU of the cuh I]0￿ •r¢ d¢rivtyJ from ¢MtrwiD8 OF¢NI0￿ the •bove M pmcth. Th¢ nolr& on pge5 13 ￿ 27 fomi inte￿1 of trse fir0￿1¥1 ￿teMents. 8¢12

RA¢¢ Eqknallty Flryt IAmltrd Note¥ to the Fltsan¢lal Statsnbents for the Ytr Ended 31 MArch 2024 I Charltytstyi The charity IB limited by ¥U￿r￿tt. in¢<wpornltd ID Wlo Sod d￿$ tsot h8v¢ sbare ¢￿1￿1. E of th¢ trustte4 t8 liabk ￿ ¢ththbule an ex¢¢edill8 £1 lowrth tk IS￿8 of th¢ rlwity iti th¢ ev1 of liquidatiOJL Th¢ A4dY¢•s of its resi#ett4 offic¢ js.. First Roor W¥t 113-116 Butt Str¢¢t CF105EQ 2 At￿￿#thi¢ poudu SurnM•ry ofinlfltswt I¢¢￿￿dDI polkl8 kry estkni The pn'ncipal iccoufvtitig wlicieJ awlitd ih the prepu81iots of thEse finlDci￿ Ire xt out below. Thele policies h•ve l)¢en ¢lioble 20 the UK Repub]i¢ of Ir¢]•J￿ IFRS 102)) {iisu¢d in October 2019) . (Ch￿1￿￿ SORJJ (FRS 102)). th¢ FI￿¢]11 R¢p￿1￿ Sia4dAnl aKJJi¢thk itt th¢ UK & Republi¢ of hllnd <FRS 102) Ind the Cowantes Act 2ixis. BuA# ofprewffttlon R#¢e Equality FI￿ Limitsj the definition of 4 ￿blIC bwfii e4tity FXS 102. 4Dd liabiliti Ire jrriliAlly re￿￿1th1 It hiitori¢al colt or ￿1￿¢ onlesi Jtsd in th¢ relevAnl acMuntin8 )li¢yftotu. Colng eoatern The tnw•es consider th•t tb¢re are no m•tuiAI I￿l￿tieS •b￿¢ the chÈrity's ability ro t￿tinU¢ u a 8tsiD8 ¢OnCaD Dor thy si4Difi¢•Dt arvu ofW(￿￿ttty thai aff￿ the<witi& of asse￿ he]d by the cknity. Income #ud endowm•Dts All irKomt Is re¢o8n15ed oth¢4 the ebarity h•5 to the itits)m4 it li prob•blt th•t the locom¢ will be rc&eIvthl th¢4mK¥nt of ¢b¢ T¢¢tivbbl¢ be reliably. Donations re¢ogn¥a when the chanry beth r￿lfied in writiDg of FKJth the lmcffjni thtc. In the ¢v¢n( thlll a don•ti04 is 8ubi¢¢¥io Co￿lI10n8 that r•qwe A l¢vel of by the elwity b¢foT¥ th• obarity 1$ ¢ntitle41 to th¢ fimds. th¢ inc47rn¢ is def¢rted 4￿j not TteowM5cd Umil cither ¥or￿lti￿1 ore fully tt)¢L ￿ th¢ Mfilnxnt of thoK ¢ondIiio￿ li wholfy withiD & r￿trol of th¢ ¢lJity il is ￿bk ¢ha¢ t1￿ cond¥tiODS wll be fvlfilled ID the fWlin8 period. P2e 13

Race Equ￿lty Flrst tAmlted Notes to the Flnandal StstemeDts for the Year Ended 31 M•r¢h 2024 Ilr4nt8 AIO K4x)un￿l for in tht fjttwial whh tw rel•t¢. Grn)ts ￿¢¢ivEd w fil￿n¢t the COM of ftx¢d peTic4 for whic14 it h•$ been rertived. Suck inwne li ollly def¢nrd . The donor hu imyd Ca)nditi¢w whkh be bef￿¢ th¢ ¢￿ity h• Y￿0￿dI110￿l emitlernm Chovlt•bl¢ p•Ddit•re All ¢xpclldiluTe i¥ rKo8niued thu¢ 18 • ItOAI or ¢£(•tr￿1¥¢ obliptith) 10 txpendimr¢, it is probabl¢ settlemem is r¢guiTed •tyJ the can be reiilbty. All cojts I￿ rillocatrd w the •pplie4bl¢ expenditure headiDg ￿1 a8gr¢yle sim]•r ￿11 to thai utrytyy. WILtt¢ cannot b¢ directly attrilw￿l to p1rtic￿lllr hudiThp b¢¢n •llocAfed on'i ba¥1¥ Cm8L5teni with the of TeBouTf¢S, wlth cen¢rnl st4ff colts all0￿￿1j 00 the b￿18 of time tsd (kprecS•iion dhBryes Jllocated OD tht portion of th¢ 86set'i Othrr suppxt t￿11 •r¢ lu0cat￿ b•É•d on th• or¢l of Alff ¢uts. Ch¢rlMble Cknitsbl¢ ¢xp¢ndiiurt tornpris¢8 tknse ros¢$ ￿ by the ¢knriiy ID thc delivtry of its •dlvitiei •Dd #ryir fff its buL¢ficiArie4. 11 itichLde# both coths bt ￿loCal¢d dY¢ctJy ￿ wclL xliyitiu I￿1 Ihow c4Trit• of Provi£ioN for art m4de the iwthiioo to th * beerh communi¢4t¢d to the rt4sp¢nt but rhert is Ibout eith¢r the timiJ4 of the gt•ni or thc ￿l￿nI of paybk. The￿ in¢lude the ¢4M8 OtknTrutsbk ts the thrity'l with ctikntimiolld ttquirtm¢ols, iD¢ludin8 wdit. $tralegi¢ Dwern￿l and mteliny and reirtiburaed ¢xpensN. Tix•tloM Th¢ chariry i¥ ¢4Nidwed to pw thB i¢sts srt ¢4)t ID P•rw4pb i S¢bfyJth 6 of the FinatKe Act 2010 and thff¢fore it meets thc d¢fmtiion of a e16oTTt&bl¢ eryy f(ff UK coy)rntion tsx pwposes. Aceordlngty, Ihg charity is potentially ¢xempt frorn in respttt of iDf(uthe or cllpitsl PiD8 re¢eiv¢d vrithin ¢AteMwi cov¢rnd by Ch•tser 3 Part 1 l of the CowFmtion f•x Ac¢ 2010 or SxtiOD 256 of the T4x*iior& of LTh•rgcknle Gaills Ad 1991 to tk y￿b lye 4pplJed rx¢]wively ￿ rJwi1gbk puws¢B. P•ge 14

Notts to the FlnAlltlal Ststsments f•r tht Yehr Ended 31 M￿Ch 2024 TAnglble fixtAI Indiiith]Rl fixed ￿Yets £l.(#XI.00 or rr#Ye are iprtslly rtaxdtd al ctht. AmoTliulTon is provthl fkxe41 •Avts w as ÉD wil¢ off thE crf leu Illy ¢imthd ￿141￿•1 Ali•¢ el AuJot1ts•tlon •th•d •sd rA 25%thigbt line D•prEcfiAtiDn and Mmorlii•tiOa D¢kYe¢t•tioD li Wov1￿ c4J t•ll8ible fjxed •0 u to ￿lte off the co# or vahw11￿ lels Itty estim•te4 Depredathoth zn¢thod •od 25'A line Fixtprn & fittinii Trldt debton Trod¢ d¢biorn •re illiii￿Y ￿ the pnce. They ue w￿U￿tlY at amonised ¢o£t tho ¢ff¢aiv¢ in¢¢r¢n lem prvviiith) fot im￿lti1￿L A WOVbliOn foT the iDwitnDthJt of tr￿¢ debton 18 ¢8tsbl58h¢d th¢rt li obj¢¢11￿ evid￿ thè dJ•rity fwI]J DOI b¢ abl¢ to ¢dl¢rt all mounts 4 ic¢(ffjdin8 to the ori8￿1 tenns ofthe receithlu. Cwk And Ca•b and equivalents cull Iwid and c4ll &pDiity MKI other •hort4rn higbly liwd irtv¢iin%nts lknt ￿¢ r¢adily eonv¢rnNe to i krthvn of ¢•th •nd K¢ wbjed to ￿ iWi8mficant riik of Tr•de tredlt•n Trade tt•diton •rn obliytioni for Dr serviets t￿¢ b¢¢M a¢qulrnl in the oydmw eourne of bwirrt85 frorn sutq>liirs. AccouDts pythle are ¢lAxified as correDt li•biliti# if the ¢b￿lty dou Dot ￿v¢ An wlcoodith"on•l ¥i8ht. •t the ¢nd of th¢ reponing ¢0 d¢frr settl¢o)tt)t of th¢ ¢r&1Y￿ for at kut twcl thc TrportsDg date. If th¢TC il aD VD¢<qxlitioNI riBbi to dtfrt Kul¢xrKDI foT At twclvc molltl¥ aft¢rth¢ r¢poniti8 d¢¢, Ib¢y are pl¢¢nI￿ •$ llon-¢u￿I ]iiknliti¢J. Fun¢J itrllctur¢ the <*J'cGtivrs of th¢ ¢I￿rIty. P•g¢ 15

Rae¢ Eqnallty ljmited Notss ts the ThIAnelal Stst¢ments for the Year Ended 31 MAr¢b 2024 PeDJloM •id other r¢dr¢DKat obllg•tloNi Th¢ tlwity operntes a defined t(X1triknti￿ P¢OSifm s¢heDW t>¢h li • p¢llsion plth WMleT wh?th fjx¢d contiibutions are prrid intD • poJsion furKI •Dd thc thrity h•É ￿ legal OT obli￿￿0￿ to pay further ¢oothl)uiioN ev￿ if fvDd does not ￿ld wffi¢ity)i psy ￿ uDploy¢e8 thc knefits rdatin8 to 3 In¢orne from d•D¢low a4d leg•¢i¢F U•rutrkt¢d Totsl 24 T•tAi 2033 G¢nt¥al Domtioni 4nd ItBKiM,' DottlioDs from indiv1th￿l And or8an1￿1O 268 4 luuu)t from eh*rttsbk Ieilvltt Totil 20 2023 Prevention of rn¢iai di￿1￿]D81)¢ll 617 320 617.320 661055 P•ge 16

EquAIIty Trlrrt Ljmlted Notu to the Flnanc￿ Statements for Ihe Year Endod 31 Mar¢h 2024 Gr#nts IDsthllll• 2024 2023 Wetsh Govcrnment. MEE ID Mind Healthy Min C4reTr Support Fulld CSF ATh•er Sffjt•Jd KThow yow RJ8hts. Live By Ri8hts 180.825 148.954 82,482 46.890 45.451 41,568 41.150 20.OiX) 10.( 207,S64 82,477 36,994 iio, IDdeprknt A Natio￿] Grid Business Woles Portcod¢ Ht4Jth Th￿. ￿4￿10rt 154,348 lo,￿0 2,672 617 320 651055 S ID¢one from oth•r tr4d￿ •ctlvld Total Totil 2023 Activiti￿ 9,93Q 17

Raee EqU￿ty Fknt Umlted Nots8 to the Financial Statements for the Yw EDd¢d 31 MAr¢b 2024 6 Investmtnt fDtome Unrestrltled fundi Tgtsl 2014 T•tsl 20 Inl¢wl r¢¢eivthk atjd 8imi]tt in¢thhe: rt¢tiv•ble onbgnk dep¢wts 2,948 1,140 P•ge 18

Race Equalfity ￿ lill￿ted Notes to the Flllnd4J Stattments for th¢ Yur Ended 31 Mar¢h 2024 8 Anal￿￿ of R•Yernince •Rd wpport e• Support cjjits knted to thlrlthblc #dfvlll Adminlitr•do co Tol•l SlifeM Prevention of A & B 51.950 91.950 Tt)tsl for 2923 Bull ofallocathD Refer¢lle¢ Mrtbod of AllocAdou 3LVh of amociawl ovulud expmdTti Gov•rnin¢¢ c• Totsl 24 f#ttdi 23 Audtt fe¢$ A￿111 of th¢ filw1￿ tsteTDettts 9 Net reBour¢e• Net (ollooin8YItKomiD8 rnsOur¢￿ frrf th¢ ye•r I￿h￿¢. 2024 2023 0￿r￿1￿8 le&w- other auets Audit fe¢s DEpr￿JaIl0n of fjxed •19ets 28.0 3,509 28,000 3.slo 10 Tnmtrti rthiMDtrAdo• •Ad No ￿tte¢l. Dor w P¢[￿￿0 f•rith h*￿ T¢UiVtd from the ¢hwity thwmg ib¢ trul1￿ h#ye re¢¢1￿0 thy Rimbw8¢d or aDy othez benefits from the cbLTity yw. Page 20

Notss to the Statements for the Year Ended 31 March 2024 11 Stsff eo 2424 2023 Stft¢wts durlnt th¢ and MI￿1¢5 Se¢hl s¢ouity COB 405,794 41.725 B587 372.484 37.309 419 132 The monthly ivtra8e ofpcrn• (inchxliD8 #Dh)r I1￿4P ttwn) ettLphy¢41 by th 2024 No 2023 12 The numbw ofell¥hy￿ whoK ernohm?¢ots fell within th¢ followin¥ w•: 2014 2023 £7Q,001- £80.C( The wt81 •nplo)e b¢n¢frtB ofthe lilw￿ Per￿￿￿tI of the clwily £10S,(fft112023 . £1￿,(￿). 12 Audltorn, remntstrllTrD 2024 2023 Awjit ofth¢ P•g¢21

Notss to the ￿nandal Statements for the Year Ended 31 Mrch 2024 13 Tlixtloo Th¢ rlbtiity il J re8iSt¢rtd thrity aad 18 thern(OTC t￿tio 14 T•J¥lble Ilxtd 4Mets Furnlture And eqDIphDtnt Tot•1 Cort At l April 2023 Di8poMII $1,644 51.644 At 3 1 h4￿¢h 2024 r•¢lllon Ai l April 2023 CIMTge for the year EJiminat¢d (x) dispow At 31 m￿£￿ 2024 45,216 2.774 169411 45216 2,774 Net book VAlue Ai 31 Marth 2024 Ai 31 Mtr¢h 2023 IS Debton 21124 2023 Pr¢pa￿De0 Oth¢t {￿b￿r9 11803 5217 Paee 22

Rau EqU￿lty Ffrrt Jimited otes to the Flnneknl SiatemeDts for the Ymr Ebded 31 Mar¢h 2024 2024 2•23 CL%h * baLk 74 98 677 17 Crthn: iiioiil￿ fthE th wlth£D 2•24 2023 Trde ¢rcdit Otberttediio A(nMJi 14,248 I￿14 735 3.509 3.807 30 21J24 2•23 Defeued iticim 01 l April 2023 RMourceB defemd in ihe period {41,151) (12.190) (110.896) {41.151) l• ObllytloDi and hlr¢ pur¢bA t•4tr•cts Oper•thii l•ue 2024 21)23 L•nd b¥lldfDy Withiti one ￿•T 28.0￿) P•g¢ 23

Ra¢¢ EqnHty Ftht Llmlted Notes to the Flnancknl StAt¢memts for the Year Ended 31 MAr¢h 2024 19 ThDdi B•l•A¢¢ •t Ji Marrb 2124 BAlaJee at I AP￿ 2023 re4ourru eyp¢oded Tr•m£fer% Unratrfcte G¢rteNI Core FundiD8 79.456 28.769 {13,105) 95,120 216,215 89.462 (29,460) 18A735 89.462 UN Futyj 480 336197 Totsl Uurdtrleted 431 Re•trktod SoDtan&T WG MEE In Mind 2020 NLCF Dwrimillilion & HAt¢ Qime PToje¢t 2020 Community Evwts & Adiviti¢5 R￿lthY MTn Tndependent ABC IniErfaith MBC He•lih F•ir 94.397 57,151 45.450 180.825 (50276) (191,238) 89J71 46.738 46.387 41.151 (87912) 374 31.439 13.712 8,732 {780) {1492311 (28,732) (150) (5S3) (13.6271 4,456 (3.079) 35.115 10,336 148,934 9,750 6,505 3.718 3J40 10.( 3.627 ow Your ￿tr, Liv¢ by Your ￿￿￿ts CSF Arm 41 J68 46.890 (46216) (49.969) 4.648 3.079 To(1 rertrkted 265 436 198015 Trf*l hDdi 710 569 P•ge 24

Notu to the Mnandal Stat•meDts for the Yev Ended 31 m￿ch 2024 Biknn¢e It 31 hf4re 2013 Aprll 2022 ¢spemded U￿r#tr￿ted 4J.131 98.4X) (31.755> (31390) 79.456 cr￿1￿Ulty & resetrthFu4 I10.￿0 61,962 30.0 76215 27500 21￿13 89.462 60.(¥10 231362 Totsj 4Rrt•trlrt•d f•Dd• Rutrktsd S￿￿0nder WO MEE iti MirAI 2020 103,715 365 677 128470 24393 62308 i lo.o( 187J64 (39,890) (191721) 94.397 57,151 HA* Qirn¢ Proj¢et 2020 74J06 154J48 1182.76 46,387 A¢tivitie8 N￿lthY Mit lodcpetrdellc A8e Ini¢rf•ith MEC H￿th Flir National Grid NatioNI Lotw C(qnmwty Fund (NLCF)-MEE iti 21.652 1672 82,4n (685) (68.76S) (112681 31A39 13.712 8,732 9.9 3,718 491$ iO.(K (1.197) (14.890) 4.8 Hod¥r. Founthtto 81236 11,46? (5.021) {11,46 16.215) Analy¥i8 A4A C&bvid 19 Aw•nlB AM (211.ow} (4,000) Totsi rwtrtetsd fun 313,662 571.976 265.436 590 755 580M2 710 P•Ee 25

Ra¢e Equality Flrst LI￿￿ted h'otss to the Ststsm¢nts for the Year Ended 31 March 2024 Th¢ sp¢cifi¢ pJrposeB for which the fiuth are to be •svJicd follo￿. WO MEE in Mind.. A wtsiert npportTn6 members of thv¢rn¢ c4jMm￿T1Jr to Tcttive appropriate ¢￿t wh enBa8in8 with health ￿111 providm atNJ suN)ortlng bralth wv5c¢ provid¢rs w better underJlond tbE culturnl atKI r¢li8i(AM needs ofBl¢k •ndMiwity EthDiC peole when pIwniD8 h￿thC￿e swvision. NLCF DiwiTwnalion & Hate CxiJn¢ Proiert.. De]iver¥ng ￿¥1¢¢. wFpon. 4dvow Mediati￿ for vidimi of discrimiMtion ftndlor hits tri￿. FtyJnd8tion". A thDd lttluEiOD PTojKI to beDefi¢I￿IeS. tit¢Uth5￿ ¥bd prow¢8 Trwbicb bve been ￿VerSe1Y impxkd by th¢ Covid 19 p4tsde4>Ji¢. Hod8e Found￿]0￿.. Arwl Anti.Rxi8xo Schools Poutt C4mpetsrion. Ind¢￿￿]¢￿1 A8¢.. To Jpp)rt BI￿ Miwity Ethni¢ Ehkn fiM8 buthhtp u * ofthe e0wOf.]i￿ NiLF Ileilthy Minth.. PrO￿dIng edu¢iiN rllkhn8 W￿1￿. aaivilits ¥%)UDAelling to Black Millority Ethni¢ peopl¢ ￿PerIe￿ rn¢DtsI h￿th igwu. car￿ Supwl Fund.. providi￿ Atsd 8rints 10 unpid cr¢rs in South W•l¥. N4tioll￿ GihJlActive Coullnuniu¢4 Fund.. Brnrtts 10 WU6Toots •nd orgthimtioty for health ind rTIn￿ ictivitie•. Wel$h GovnTnart.. CoDsuJwiou •TO1￿11 of the Rx¢ Fwlity Aetion Pl Know Yow Riohis. Live by Your Ri8h¢8: Bi•ck knd Ethnic Minoriry pwl¢ uoo6 Waleo abo￿ th¢iT tiwl legal ri8ht$, how to ¢omhl b•niern to public strviw: I￿¥ to ch•llwe dlKrimi￿l1￿n. C#rern Thtst Wl¢s Short Breth FuDd- sYovidll4 8TAtsS ltt Abort trip ActiVili¢6 to unp￿d in South Wal¢s, D¢si8Mied Futtd8'. CDntlnuity & R¢8ear¢h Fun&: cmlinuity of Core •er¥k¢g, reBe4tth ￿ItioN1 roles from our R¢ththdaw FuTW]i.' •ll(Katsd by the Tn4t¢¢6 to adeq￿1¢ Tr￿Ve8 ar¢ held lo mee¢ th¢ thille8 Obh8rtio￿ th*Nld it everbe ￿. UN Fund.. • review wnd up&tsd CEBJ) Shadow Reprfft fol Wiles dele8atsM to the Ully￿1 NatioJ]s in Pi8e 26

Note¥ to the FlnAntlaJ Statements for the Year Ended 31 M4reh 2024 20 Atyth of Dtt b1w￿ 31 Mar¢h 2024 Tan&ble fix¢d o$8cts Cumt MJ¢t• 3.654 109.521 18.055 95,120 3,6S4 655.923 0.245 336.197 210205 12,190 Tpts] net as# 336 197 Toiil •t 31 MArr& 2023 Tingible Ilxed Cyffeut aJts CwT¢ot Jlabilities fj428 78.886 365.677 6.428 751.150 306J87 411311 llet 365 677 hge 27