Cornpat)y re$isir•Lion Dumb#.. 07663315
aJaTity registration nwllt*r. 1143830
Race Equality First Limited
(A ¢on4Mny limi*41 by
Annual Re[￿ A[￿ Fi]wioi4J Stat￿¢￿ts
for the Year Ended 31 March 2025
HSJ Audit Limited
Regist¢red Atsditot
Scvern Hous¢
H4z¢II Drive
N¢wp)
South Wal¢s
NPIO 8FY

R4¢¢ Equality First Limited
Colltents
Strategic Report
Tnwe¢¥ Re￿1
2toS
Audilors, R¢￿rt
OÈOB
Statheni of Fin￿cial Adivili
9tol0
Bxlanc¢ Sheet
li
Sthtttheni oftash Flow5
J2
Notesto the Financial StAt¢ments
13th28

Ra¢e Equality First Limited
Truste¢y' Report
HcbÈ
The Charity 15 a voluntary and tharitable orgaDi5atioJJ ivhich atms to work wwards the tliminilioD of raeAal
discrimination. kYomDic 4uality of oprM)rtunity actoss alI wotettsd CharA￿er￿S11¥S within the Equ*lity Ad 2010
and promot¢ gwd relations btheen p¢r50tLS of diffweth ra¢ial groups.
The OwDisationS aims gre curw¢ndy ￿leV¢d through the delivery of 12 servIc¢￿J￿ts at Racc E4uality
First: Di5¢rim￿atIDn Cayework Stsvice. Advw for Victims of Hale Crtme.. Advo¢8cy for Ethni¢ Minoriiy
P¢vpk., Training. Pvlicy Dcv¢lopMe￿l. health advo¢thcy' wdlb¢ing adiviti¢$ & support.. ￿ltural awgr¢nes$
8rammes.' w¢s¢ar¢h progr￿eS. Campaigning & Lobbvin8', Annual Schools againsl Racism Po$t¢r
Competition antt4iscFirniiiation w0￿￿p8 in lo¢al s¢hDoIs.
The trust¢es ¢onfJtm they have wmplitd with the requirernent5 Qf 3¢¢lion 17 of the Charities 2011 to
have due rt8Hrd to the wblit benefil suidance published by Iht Charity Cfjjnmission for En8land ffjd Walts.
Referentt aknd AdmiibtrAtlvt Detsiiry
Ch•rity R¢gistration Numb￿.
CtsmF*ny RegisltHtson Number..
1143830
07663315
Th¢ Ch￿tY 15 inwratcd in Wales.
Fim Floor West
113-1 16 Bute Str¢eL
Cardiff
CFIO SEQ
R¢8Sst¢r¢d Office:
Audilor..
HSJ Audit Limited
R¢giSt￿ed Auditor
Severn House
Hwll Driv¢
Sollth Wal
NPIO 8FY
B4nk¢rs.'
Unity'fru8t
BiThingham
Nint Brindley Place
Birniingham
BI 2HB
ge3

R*ee Equallty Ffir¥t Limite
Trustees, Report
The Compfirty is day to day by thc Thief Ex¢¢uliv¢ OtTi¢er.
The thy to day Tunnin8 of the Ch&rity and delivery of Fyojects is under th¢ control of the CEO and her sta(r. The
CEO r¢ports diredly to th¢Bo8rdof TJryJstees.
Stiteiiebt ofTrist¢tJ' Rtjponslbllltl
Th¢ Irust¢¢s (who are #Iso the dire¢l(PT5 of Equality Firn Limi¢ed for the PUTW)$¢5 of ￿Mp￿Y lawl aT¢
re4)onsibl¢ for preparin8 th¢ trus1¢¢5' report and the fina￿111 stat¢m¢nis in accordance with the Ut)il¢d
King(k)m Accountln8 Stw)dards IUnit¢d Kingdom GcneThlly Accep*d AcLX)untsn8 Pradicc) and appli¢abl¢ law
and regulations.
Compatty law rwires the tru$*￿ to Prepare r￿ClaI s¢*m¢llts for tsicia] year. Uttder com￿nY law
th¢ tswiees It)ust rwt approvt th¢ financial statements unless they are 50ti5fi¢d that Ih¢y 8iv¢ a irne and fair view
of th¢ stai¢ of aff￿lS of th¢ charitsble company of its inwmin8 resources and application of rcsouff¢4
including its Incomc and expenditur4 for that F¢riod. In preparin8 th¢5¢ financial stattmeThts, the irus*¢s are
quira io=
5de¢l suitsbIe 4¢couThiing policies oDd 4ppty them wnsisieDUy'
ob5csve the mtthod5 and principltt in the Clwities SORP.
makejud8¢M￿lS and th#t 4Tt rea50nablegJ)d ptudet)i
state wheth¢r applicable UK Ac¢ountin8 Stond8rds have been followed, subject to any material &]Mrturu
disclosed and explain¢d in the firbancial staiements; and
Prepare tht fin￿01a] 5tat¢m¢nts on th¢ going conccm basis un]ess it is inappu￿rIgi¢ to FY¢swnc that th¢
ch8ritaNecomp8thy will continue in busitw.
The ￿$tr¢3 are resrx)nsibl¢ for kwin¥ a&qu* a¢¢oDntin8 rtthints thet are sufficient to ¥knw 4nd cxplait) ihe
charitsble company's transactions and disclos¢ with r¢asonable a¢curEry al any lim¢ th¢ financial posiiioll of the
thaTitabl¢ company alld eth&ble them to eD3ure that the financial si*tements ¢omp]y with the Comp8nics Act
2(KTr6. They are also r¢sponsible for safegu4tdTng th¢ assets of the Charitable compny and h¢n¢¢ r(ff tskin8
re4soRable st¢ps for the prevention gnd of fraud oth¢r I￿¢su1￿jtie8.
Dl8t1osll￿ of knfoTm8tloD io *tsditOT
F.ach ¢￿tte has tsken steps thai th¢y oughi to have tsken &% a trllst¢¢ in ord¢r to make tJKmscfves aware of any
T¢l¢v4nt audii infotmtstion Bnd kn estsblish that the charil)"5 auditor is aware of that inform*ioh. Th¢ IT￿1¢¢$
confim) that thtt¢ is nc* Tel¢vant iofomtstion thaf they know ofand of which thEy know thc a￿litOr is
The &miyal r¢p(yrtYW 8PPtoved by the trustees ofihe charity on 14 May 2025 and si8ntd on its behalf by..
Tr￿tte

Race Equality First Limited
I•d¢pendent Avditor'$ Report to th¢ Memb¢rs of Ra¢¢ Eq￿ality Thrst Limited
We have nothing to r¢wrt inthis regard.
Oplnlon oll othoT Mwft¢r8 PTeJerlW by th• CoThp•nles Aet 2006
Jn Dur opiniott. b&s¢d on the work undettsktn in the courseof the audit..
the informyrion giv¢n in the Strate8LC Rer￿ and Tn]stees' Retx)rt for the financial yw for which the
riDan¢Lal s¢atem¢thts ar¢ w¢par¢d is consist&x with the firAamcial sts*ments'
the S￿te¥l¢ Rel￿rt and Tn]ty$' Rep)rt hov¢ b¢¢n pr¢pJrtd in )¢¢ordArt¢e with applicable le8a]
quirtments.
M¥tt¢ts OD wbleh we r¢qwlred to report by'esteptloD
In the light of our k[￿wledge and understgllttin8 of the ch¥ity and its environmenl omained in the eourse orth¢
audiL have not id¢ntified materi21 tnissts*ments in the StrAt¢gic Report and the TruAees' Rep)rt.
We h4w¢ nothing to rcp)n in respe¢t of th¢ ftsllowryo8 •IUII¢T5 wh¢r¢ thr Compani¢5 Act 2006 requires us to
r¢porttoyou if, in OUT opinion=
adtquate accountjn8 records have ttot F*ett k¢pi. or #ikqu#te fotr our 8udi¢ hav¢ b¢¢n r¢ttived
from bran¢hcs noi visited by u$- or
the financi81 stslemertq #re 1114 in agT¢¢mcnt the a¢¢ounlin8 recordsand rcturns or
certain disclosut¢s oftrus*¢s rtmuneration specified by law are noi made: or
have not reteiveil all the infom)ation and explanalion5 we requirc for our audiL
Rttpott$ibilI¢i￿ of tr#stt
As explain¢d mor¢ fully in th¢ Sthtethettt of Tntsttes. Reswttsibilities (set on pg¢ 51, the lrnstees are
re%p)nsible for the prep4ration of the fIn￿￿Eal s(8tements and for bein8 saiisfjed that they 8ive a #nd fair
view. and for su¢h inttrnal control as the trll#eG% detemline is ntttS5ary to enable th¢ pr¢paJaiion of financial
staiements thai ¥Je fr¢¢ from material misstsiemthi. whether due ts) frkud orejyor.
In p￿p￿tin¥ the finan¢ia] 3talem¢ni4 the trustees art respon5Lble for &%sessing the charity's abiliiy th contsnu¢ ?5
2 80in8 conc¢rn, dI￿10$]ng. as appliubl< matters rtlated to going coDc¢rn And using the going wn¢em b&8is of
a¢cow)tin8 unless the tN51¢¢5 either intend to liquidate the charity or to cease operaiions. or have tho rea15$ts¢
alternative t￿t to do fA).
Audltor mPODsilJilititJ for the audit of the flD*ttci*I st*ttJn*Dts
Our obj¢ctiV¢5 are lo obtain r¢8sonable assurJtKe aboui whether the fuJancta] sl8temthts as h whol¢ sr¢ fr¢¢
Irorn rnater?al mi55tattmenL whaher due lo fr4vd or ern)r, and ts) i$5ue an audiLof'5 r¢wkrt that incl￿]¢$ our
opinion. R¢asonable a551]rathCe 1$ a high level of assurdnce. but 15 not a guardniee that att audit t￿nduCted in
attordartce with ISAS (UK) will alway$ detect o material mi%si3temcnl when il exists. Mi5stst¢m¢nts can arise
from fraud or error atrj #T¢ ¢onsid¢T¢d matrrial If. indiwdualty or in the aggTWie. Ihey could re&4)nabiy bt
expe¢ied to infiuence th¢ ¢conomic decisk7ns of users taken on the basis of th¢se financia] s(a*tnents.
The exieni ￿ which our prw¢dure5 are capable of detecting irregulartiies. includin8 traud is detlliled below..
We ￿rrO￿rttted our ¢nquirics of ma￿￿eme￿I by review of ¢orTespDndence with HMRC and Ihe Charity
Comthission and otherregul8kny LNidies.
We considtrtd Ihe risk of fraud through ]nanweJJt ovfflride in re5wnse. w¢ suw￿rated *sting of
manual journal tnlries into our audit apprwh.
Ba8ed on the results of our risk assessm￿1 desi8ned OUT Alldit prtKÈdures to idttntify and oddr¢55 rnaterial
mis5tstcmenls in rtlatititi to frAbd.
Page 7

R*ce Equthlity First Limited
Stgtement ofFiD*nci41 Acllvltles for tbe YtAr EDded 31 March 2025
(Inclvding Income ajbd ExptDditsre Account and Statejnent of Total Reeognised Gains
2nd knses)
U*rt&tricted ReBtrktod
hnds
To141
2025
P4•te
Incom¢ awd Endowments from..
DDnaiions and le8￿1¢5
ctlaritablc aciivjiies
(xhtf tradin8 activities
Investmtnt
¢Xh¢r income
21.818
21,818
820.423
14.830
2.367
820.423
14.830
2.367
4.662
Totsl inwme
43.677
820,423
864.100
Exptlldltiire 011:
Charit&bleactiviti¢s
19.622
854.3931
1834.771
Totol exptrnditwe
Nd iThcomell¢xpenditure)
TTall5f¢T5 b¢twe¢n fujjds
854.393
834.771
63.299
(33.970)
29,329
N¢t fLmds
78,236
148.9071
29,329
Rtt•ntAll*litsll of fullds
Totaj fund5 bmu8hi fonv#rd
rotal fimds carried fonwd
431317
198,015
20
509 553
149 108
658661
The not¢s on page5 13 to 28 form an knte8ral pan ofthese tknatttl#l s¢#iemettts.
Pa8e 9

Race Equality First Llmi¢ed
(Registration number: 07663315)
Ba]aDce Sbeet ￿ at 31 March 2025
1025
21J24
Note
Flxed *¥¥¢t¥
Jntan8tbl¢ *5¢ts
Tangibl¢ assets
t4
15
8,221
9,114
3,654
17J35
3,654
Current wJets
DEb￿r3
C4th atbank and in band
16
17
125,632
334.505
114,247
541.676
660,137
655,923
Credltors: follhhgdu¢wi¢blD one year
J8
(30,245)
current OAStts
641,326
625,678
N¢t
658,661
629J32
Fwid5 ofthe ¢barlty:
R¢5tricl¢d fi￿dS
149,108
198,015
IJDr¢¥trlctsd ID¢oTre fnD
UtWC5trict¢d funds
509,553
431.317
Tot•J ts•ds
20
658.661
629.332
The fuJanei8] statements oh pa8EJ 9 to 28 wrr¢ 8pprovcd by Ihc tsustees. and auiboriscd for i&8ue on 14 May
2025 a￿d Signed on behaifby..
K K Manneh
Tru51ee
The notes on p4ts 13 10 28 fonn an integral partof thcsc fit)anciai smtements.
P8g¢ll

Race Equality First Limited
Noles to th¢ Fillanctal Statements for the YeAr Ended 31 March 2025
J CkarAty stsths
The charity is limtied by guaranltt. in• in Wales. and con54ucnfty does not h&ve shRre rapital. Each
of thf trust¢tS 15 liable to contribu(¢ an amount not £1 ￿WardS the assets of the chaTity in the eveni of
liquidation.
The sddre55 of its r¢gistercd oifii¢ is:
First FIoDf W¢
113-116 Buk Strttt
Cardiff
CFIO SEQ
These finonri•l tst￿nentS wue authoTi8td for issue by the Iruslees Im 14 May 2W25.
2 A¢¢ounthig pojltles
•f slyifi¢*Rt atto*Dtlrt2 pollthj •Dd kny ¢S¢kn•
The priticipal accounling policies applled the preparation of these finartclal stotemettts we srf out below.
Thes¢ policies have been COn$i$kntty appliedts all the y¢arE prcstntyj. unless othe￿￿Se %rated.
Stat¢utnt of t•mpllixtt
The finan¢ial 5tHtemeJhts have betn PTcpar¢d in accordHno¢ with Accounting and R¢porting by amities..
SlatuJent of Retommend¢d Prdclice (applicable ¢0 Charities pt¢pwin8 their #¢¢ounts iu a¢¢OTJaTbtr with the
Financial Re￿rtIng Stsndard ¥pplic8ble in thc UK and R¢public of Ireland ffRS 102)) lissucd IL October 2019)
- {ChatitiE5 SORP {FRS 102)), the Financia] Rerx)niJJ8 StAnd8rd ApplicAbk in th¢ UK Attd R¢]MJbll¢ of Ir¢l4nd
IFRS 102} ￿nd the Companies Ad 2006.
BASIS tsf PTep#￿Il0￿
Rtce Eqllality First Limikd m¢els Ib¢ defirtitiLm of i public beth)efii tntity under FRS J02. Assets and liabililie$
are inili¥lly r￿S￿l$ed ai hiyton￿l ¢osl or tr￿￿r¢lOn v4lue unless o¢hm¥i5e staled in the relevani acw¥niing
[￿lleY ]W.
Gokng toDttrts
Th¢ trUS￿eS ¢oDsider thtst thtte are no m&¢rial unc¢rtainti¢s knul th¢ ¢harity'$ ability to ¢4>ntinue a8 a goittg
concern norany Signif￿an1 are￿ of uncertainly tha( aifect Ihe ¢arryin8 va]tse *f ￿Sets held by the chgTity.
ID¢ome •Dd tndowments
All ivome 15 re￿gnised once the ¢harity hgs •Jiiikm¢nl to th¢ incom¢, il is Ffobabl¢ th¢ in¢ome will be
f¢¢eivpJ and the 0mouTrt of the incom¢ r¢¢¢iv¥bl¢ ¢¥rt be r¢li*bly.
Donations are re¢oEnised whejj the charity has been notified it) writin¥ of both thv amount and settlement dat¢.
In th¢ ¢vent that a donation 1$ subj￿1 ty conditions that requtre a l¢v¢l of perforn)4nc¢ by th¢ chgrity bcforc the
charily is entitled 10 the fuods, the inc¢)me is def¢￿ed #nd nol recogn1$￿ until either those condiiion$ aTe fully
met. or the fuifilmcnl Dfth05¢ conditiotX8 is M'holly within the wTrtrol of the charity and it is prohblt ihat th¢
con¢Jiti{￿S will b¢ fuiflllcd Èn the re￿rtIn8 period.
Page 13

Race Eqllality Thrsl Limited
Note8 to the ￿nall¢ll] Stittments for tbe Year Endtd 31 March 2025
kntaDglbJt assets
IrJtsn8ible assets gr¢ $tthl in the Balatt¢¢ Sh¢rt at cost1ts8 &£cumulatd amrti5ation and impairmcnL They are
amortised on ¥ straight line basis o%'cr their estimated useful lives.
Tlnglbk Ilxed amets
Individual fixed asscts costin8 £l,QOO.ODormore 4r¢ initrally reaxded at ¢OSL
A￿•T1￿411
Ajnortisaiion is prnvided on inlangible fixtd xTr lo writt off the Co￿]¢55 any estiD]at¢d Tesithjal value,
ov¢rthcirtxpected w¢ful ecotjomic lif¢ *s follows..
Asset elass
Websiie developmeot
Amortlsa15oM Jh￿bod alld ratt
25•A $traight line
DwretSgtlbo *ttd Amortiyitlon
Depr¢¢ialion is provÉded on tanBible fix¢d 955a5 50 as w write off the eost or Valuatio￿ less any estimated
resldll￿ over th¢ir exr*thedus¢ful economic lifc as followJ.'
D¢preti#tioD Trethod Ind rate
25% Straight lilte
Fixtwes & fitti
Tr*d¢ debtors
Trade debtors ote amO￿lS due from ¢u$tom¢rs lor merchandise 8old or s¢rvi¢¢s p¢rforntd Rn the ordinary
outse of busir)¢ss.
Trade debtors 2r¢ r¢¢ogni8¢d initixlly 3t the tyangaclithi pii¢¢. Thcy 4r¢ 5ubsequent]y me8suTed al aTnQrtlStd eo$t
usin8 the effe£4ive intV¢St method, less provision for impainnent. A provision for th¢ impairnient of trade
debtors is estsblish¢d when thete is obj¢￿1Ve evidence tha¢ th¢ djarity wll be able lo tollect ￿1 ￿no￿nts du¢
a￿OrdIng to the original kns of th¢ receivables.
Cash and C￿Sh ¢quivalenis compris¢ cash on tw)d and ull d¢po5yts, and othw short-terfft highly liquid
investn¢nis thai are readily tonvertible kn & amount of ￿5h and aye 5ubie¢L lo an insiBnifiC￿1 risk of
ch&n8e ih V￿U¢.
Ttsdo ¢re4ltt•rs
Trade creditors obligations lo pay for goods ot s£rvi¢es th¥t have tten acquired in the ordingry Cour￿ of
b￿41D¢s5 from 3uppIi¢TS_ AcciNJnts payabl¢ we Classified as cuJretLt liabiliti¢5 if the charity does not hav¢ an
un¢ondilion&l right. at the end of th¢ T¢￿rtIng pxri¢d, to &fer seltl¢m¢nt of thE ueditor for gt least twelvc
trLonth$ aft¢T th¢ re￿r$ing date. If therc i5 an unconditional righl to defer scitl¢m¢Tht for at Icast twehr rnonths
afterth¢ ￿pOrtIng￿l¢ thty arc pre5¢ntrd a¥ non*urreni liabilili¢s.
Irade crtdilors tsrc recogniscd Initi￿rY ￿ the transaction prACe attd subsequenily rn¢Astsred at amorli8¢d cost
ing the tffethive Intere￿ meth￿.
stru¢lx
Utirestricted It￿Me hrtds are g¢neral funds th*t are ¥vailablc for usc at the M￿t¢s, disw¢tion ITh furtheranct of
the obje¢tive5 of thc Ch￿lty.
Pa8t IS

Rate FAJuality Flr81 Limited
Notss to th¢ FinaDcial St*temeDts for the Year Ellded 31 Mar¢h 2025
ADatysis of 8faDts in¢ludrJ] in illg)ming rtwurt¢s from ¢t￿table aclivities Alov¢".
Grkllts frm I￿tItUtIons
25
2024
ADAlyl$
Welsh &)ventrnMI- MEE in Mind
CSF Amser
NLCF Discrimi￿￿0￿ & Halt Crime Proj¢cl
Know your Righis. Live By Your Rights
Car¢rs Suppjrt Fund
Santender
Healthy Mitids
JndWd￿1 A8t
National Grid
Awards for All
Chance for Change
Mttcthillan
207.1(ID
87,360
180,825
46.890
41,150
41,568
82,482
45.451
148.954
20,000
10.000
166J97
93,021
149.464
20,618
20,IJOO
74,067
2.396
820.423
617
S ljcome from olhtr tr*dltst *ttlvlU
Tot
2025
Totsl
2024
General
A￿*VitieS ihtom¢'
Other activÉties itK4)m¢
14.830
13
14.830 ￿70
13.270
Page 17

*--

Ra¢¢ Equality First Limited
Notes to the Finan¢ial SIAlements for thè Y¢4r Ended 31 March 2025
11 St*ff tosts
The awe8ate payroll wsts w￿¢ a5 follows..
2025
2024
SIBff costs tbeyeAr weyr:
W48¢s and salaries
Social security costs
Pension costs
402.986
42,923
9,522
405,794
41,725
8,587
456,106
455.431
The monthly &v¢rn8c nwnb¢T of persons lincludin8 senior mwka8cm¢nt / kadership ttatn) employed by th¢
charity during th¢y¢ar expressèj ￿ fvll tsrn¢ ¢wivaT¢nts was as follow$.'
21)25
2024
Preventiott of ra¢io1 discriminalion
io
Th¢ number ofcmployees wknse emDlumrnts fell within the followin8 bH]Jds w..
2025
2024
£70,001- £80.0(h)
£80.001-£90.000
Thr to¢al ¢mployce benefits of the manwganent person[￿1 of the charity were £108,780 {2024-£105.0001
12 AulitoTh' remTMmtz*tlon
2025
2024
Audit of the financial statements
3509
Page21

Race EquAlity Firs¢ LIMited
Notes to th¢ FiN4ncial Statements for Ibe Year Ended 31 M•r¢b 2025
IS Tanz5ble *$51ts
FDTnitutt #nd
TolAI
C•st
At l April 2024
Addilions
Disp954J$
11.095
9,110
{6,791
11,095
9.110
At 31 2025
13.414
13,414
DepreeiAtiwi
At l Aptil 2024
Chat8¢ for thc ycar
Eliminated on disposals
At 31 March 2025
7,441
3,650
(6.791)
7.441
3.650
791
4,3
Nrt book Wal￿e
At 31 h4#rch 2025
9.J 14
9,114
At 31 March 2024
3.654
3.654
16 Debto
2025
2024
Prepaymtnts
Othtt debto
8.178
117.434
12,803
101,444
125,632
114.247
Pag¢ 23

Race Equality Firs1 Limited
Notes lo the FingD¢ial Ststemenls (or the Yexr Ended 31 Marcb 2025
20 F￿￿1
B#ln¢e at
31 Mltth
2025
B•l*•r¢ #t i
Apri12024
IDe•mlxg ReJ•urces
rtsourc
¢xpellded
Trhnsftrs
UnreJtrlrt¢d
Genernl
Core Fundin8
Deslwied
CoThtinuity & rest4r¢h Fund5
R¢duThdancy Fut
UN Fw)d
Cost of Livin8 sup[￿ Fund
95,120
43,677
27.756
{22,2101
144,343
18&735
89.462
60,IK)O
51,866
238,601
89,462
{8,1341
(51,866}
37.146
37,146
336.197
18,134
37.146
365,209
Total lJllMtrl¢ted
431317
43ffj77
19.622
14,936
509,552
R¢¥trlettd
Healthy Ndin(b
MEC H¢￿th Fair
San¢9nd¢r
WG MBE in Mind 2021)
Communtty Ei'¢nts &
Aciivili¢s
Ixt¢rfaith
Indepmdent A8¢
Carers Supprt Funa
CSF Amser
K￿￿W Your Righ￿ Liv¢ ty
Your Rights
Awards fer All
Ch*Ke ForChan8e
MacmilJaThlM¥rie Curie
IOJ36
6,505
89.571
46,738
149.464
{l62,635)
{6,505)
152.425)
1199270)
2.835
137.146}
207.100
54.568
35,115
9.750
9,750
20.188
20.618
93.020
87J60
(430)
(104,736)
{90,887)
11,716
3.527
166,397
20.0
74.067
(156.416)
12,7901
178,1991
100
9.981
17,210
4.132
T•¢AI restrltted
198 015
820.422 149,108
854J93
Tot*1 fv•d$
629,332
4,771
658.660
P4e25

Race Equallty First Llmited
Notes to the FiDAoelal Ststem¢Dts for the Year Ended 31 March 2025
The spe¢ific PLryses for which th¢ ar¢ kn be apptied are as follows:
R¢strithed f￿d$..
Wfj MEE in Mind.. A pmjea suptorting members of diverse communiti¢S to rcc¢ive apprO￿al¢ ¢are when
¢nBaBing with health arKI sociaj care pPoiryd¢T5 and sUP￿rtin$ he*lth 5¢rvict providers ts) better wnd¢rstsnd the
¢u]wra] and reli8iQU5 nttds of Black atld Millority Ethtiit people planuing h¢althcare pn)vision.
s￿la[m1¢r Fowjdation.. A Finance. and Di8ltsJ Inclusion proj¢ct ￿ irnprove tr*ther￿]Srl¢S, Circumst￿ceS 4nd
pl05p￿ts which heve be￿ advt¥sely unpacted by the Covid 19 pandemi
Interfgith.. A muliirfu1￿r￿ group for wmmwjiiy faith l¢ad¢TJ kn tharc infomi&tion and collaboratlvely.
In(kpendent A8¢.. To Bl*¢k and Minority Ethnio F.Idcr5 facing hardthip rrsull of the cost4)f-living
cttsJ&
NLCF Hcalthy Mirtds.. Providitt8 eduedion, w¢llb¢irig servitts. actsviti¢s ¥nd Cou￿¢11￿n$ to Bl¥¢k and
Minority Ethni¢ peop]e expwt¢n¢iDg menthl he4tth i55U¢5.
Carers SupFwxt Fwjd: Providing advocacy And small 8Tants to unpaid carers in South Wa]eJ.
Know Your Raghts. Liv¢ by Your Ri8hts'. Edy¢ating Black and Ethni¢ Minority ￿0p]e a¢ffoss WJle5 Aboui th¢ir
civil and leBal ri8hts, how toLThibat b*ri¢rs ts public seTV1¢￿.. and how io th￿]ell￿¢ ths¢rimination.
C#r¢T$ Trust Wales Short Brtaks Furtd.. provtdin8 Srsnts IOT sILOrt trip5 and 4ttyvili¢s to cartrs in South
Wal¢5.
Ma¥iuillan' A resear¢h pNy¢cl lookin8 at the Pailiatiye and End of Lif¢ Car¢ cxperience5 ofBlack and Minority
Ethnic peoplein South Wal¢s.
Chan¢t for ￿&￿¥t. A proj¢¢t prDmOting awareness about wbling harnis RVaTlsbl¢ support.
D￿l8￿￿ted Funds..
CoDtinuity & Restarch Funth". continuity of our cote services. Tw¢arch and addl￿n￿l $twff roles from our
Re￿￿o￿Tr¢Y Funds.. alloc4ied by thc Ttvstees's ￿ ¢rtsu￿ athquate ro8eNes Hr¢ h¢hJ th n￿¢¢ the ch8rilie5
obli8aioThs should ii ever b¢ wund up.
UN Fund.. 4 micw and updttt¢d CERD Shadow Report for Wales and del¢galion to the Unitsd N4tions in
Cost of LivittB Sup1￿ Fund: 10 provid¢ ¢0st of ]iving and di8itttl 8rnnts.
During th¢ y¢ar £37.146 h45 been IT8nsfeffea rrom restricted funds to d¢5ignated fund& This repr¢s¢nts an
Under$￿tt on the tiriginal pmject the transfer ¢0 alternativ¢ causes perniissable und¢T th¢ tetms of th¢
thJutyinB 8T4nt.
PaR¢ 27