## **(AMENDED ACCOUNTS)**
MINORITY MATTERS LTD
Accounts & Reports
For the year ended 31 August 2020
## MINORITY MATTERS LTD
Contents For the year ended 31 August 2020
Page
|Legal and administrative information|1|
|---|---|
|Trustees’ report|2-3|
|Independent examiner’s report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7-10|
## MINORITY MATTERS LTD
Legal and Administrative Information
For the year ended 31 August 2020
Status: The organisation is a registered charity and a company limited by guarantee, incorporated on 27 August 2010. Company Number: 7359940 Charity Number: 1160098 Registered Office: 51 Corker Walk, Andover Estate, London, N7 7RY. Business Address: 51 Corker Walk, Andover Estate, London, N7 7RY. Trustees: Ms Safiyo Gaal - Chair Ms Khadija Mohamed - Member Ms Ikraan Dahir Ahmed - Member
Bankers: Barclays Bank PLC
Leicester, LE87 2BB
Accountants: Issa Associates Chartered Certified Accountants 40A Maygrove Road London, NW6 2EB
1
## MINORITY MATTERS LTD
## Directors Report
For the year ended 31 August 2020
## _Objective_
The objectives of Minority Matters Ltd are:
- Relief of poverty and unemployment;
- Advancement of education and training;
- Promotion of equality and diversity for the public benefit;
• Promotion of social inclusion of members of the community from ethnic minority backgrounds by preventing them from becoming socially excluded, relieving their needs and assisting them to integrate into British society.
## _Legal structure_
The Minority Matters Ltd is a registered company limited by guarantee and is registered with Charities Commission.
## _Financial statements_
The directors submit their report and financial statements for the year ended 31 August 2020.
## _Policies:_
_Reserve policy:_
The charity currently operates with minimal reserves. The directors are endeavouring to build up its donor base with a view to having reserves equal to 6 months operating expenditure.
## _Risk(s) review:_
The directors have recently reviewed the major risks faced by the charity. This has resulted in efforts to raise unrestricted funds, increase charity’s donor base.
## _Responsibilities_
Acting directors are responsible for keeping proper accounting records which disclose at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006.
Acting directors oversee preparation of financial statements, select suitable accounting policies and make judgments and estimates that are reasonable and prudent to give the true state of affairs of the company.
Directors are also responsible for safeguarding the assets of the company. They are elected and replaced as set out in the Memorandum and Articles of Association.
_2_
## MINORITY MATTERS LTD
## Directors Report (continued)
For the year ended 31 August 2020
## _Activities and Achievements_
The charity is managed by the elected trustee members, who are dedicated uplifting the communities we serve. The charity is staffed by 3 volunteers (here I would list all the teachers and everyone else working on projects. They're our staff, be it volunteering, part time or sessional). The office is open from Monday to Friday between 10.00am and 4.00pm.
Like most charities, the charity has been affected by Covid-19 and adapted services, postponed nonurgent projects and proceeded to deliver services online, where possible. There were urgent cases where face-to-face engagement was required, the charity was able to keep this work going through strict adherence to the government guideline.
The charity continued to inspire children and young people, empowering them through holistic educational support, to achieve their full potential and contribute to British society. This support also strengthened families, by empowering parents and encouraging positive relationships with their children and engagement with their local authorities. The educational support services, both online and face2face, allied with liaising and navigating parents through adapting new normal has helped many children and young people make up for the loss of education, so that they didn't fall behind. This support has improved their chances of better academic predicted achievement levels in core subjects. Having built the go to platform for communities, the charity had to step in and provide services to families with missing children/ in police custody/ prison remand/ in court/ struggling with mental health/ drugs issues. Thus, during lock-down, the charity provided help to young people, including children and their families escape from the clutches of county lines and organised criminals, exploiting them for profit from Class A and B drugs.
The charity delivered many projects focused on early intervention, held online community engagements and completed a project building resilience against knife crime. Charity formed strong partnerships and worked well with other local voluntary organisations, being part of a network that actively responded to Covid 19 and lockdown impacts to local communities.
Charity provided helplines to disseminate correct information, enabling ethnic minority communities access available Covid-19 support. Referral services was offered to local hospitals where they can refer community members to receive additional help. Charity supported self-isolating vulnerable groups viasign posting available services, helped community organisations and assisted self-employed community members access government funding.
During the financial year, the charity continued to deliver the positive project that provided training on safeguarding and promoted better engagement between the police, local authorities and local communities.
In the past year, the charity has been visible in campaigning for statutory bodies to put an end to child enslavement, which is what child criminal exploitation is. Besides, practical day-to-day work, the charity was lobbying decision makers to create better support framework for children and young people who are victims of criminal exploitations, and to tighten safeguarding laws in order to stop more children and young people from becoming victims in the future.
This report was approved by the board and signed on its behalf by:
.................................... Ms Ikraan Dahir Ahmed Treasurer
Date: 16 April 2021
3
## MINORITY MATTERS LTD
Independent examiner’s report
For the year ended 31 August 2020
I report on the accounts of the company for the year ended 31 August 2020, which are set out on pages 5 to 6.
## _Respective responsibilities of trustees and examiner_
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 43 of the 1993 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and
- to state whether particular matters have come to my attention.
## _**Basis of independent examiner’s report**_
My examination 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 limited 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, which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- 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;
------------------------------------------
Issa Associates Chartered Certified Accountants 40A Maygrove Road London NW6 2EB
Date: 16 April 2021
_4_
## **MINORITY MATTERS LTD**
## **Statement of Financial Activities**
## **For the year ending 31 August 2020**
|**Notes **
**_Incoming resources_**
From charitable activities
2
Investment income
2
**Total incoming resources**
**_Resources expended_**
Charitable activities
3
Governance costs
4
**Total Resources Expended**
Net resources for the year
5
Fund balances at 31 August 2019
**Fund balances at 31 August 2020**|**Unrestricted**
**funds**
**£**
23,433
-
**23,433**
19,721
-
**19,721**
3,712
5,357
**9,069**|**Restricted**
**funds**
**£**
80,056
-
**80,056**
59,778
1,127
**60,905**
19,151
4,350
**23,501**|**2020**
**2019**
**Total**
**Total**
**£**
**£**
103,489
68,002
-
-
**103,489**
**68,002**
79,500
66,398
1,127
1,213
**80,627**
**67,611**
22,863
392
9,707
9,316
**32,570**
**9,707**|
|---|---|---|---|
5
## **MINORITY MATTERS LTD**
## **Balance Sheet**
## **For the year ending 31 August 2020**
|Notes
**_Fixed assets_**
Tangible assets
7
**_Current Assets:_**
Debtors
8
Cash at bank and in hand
**_Creditors:_**_amounts falling_
due within one year
9
**_Net Current Assets_**
**_Total Assets less current liabilities_**
**_Funds of the charity:_**
Funds balance at 31-08-2020|£
£
£
£
791
315
2,974
2,194
31,806
10,198
34,780
12,392
(3,000)
(3,000)
31,780
9,392
32,570
9,707
32,570
9,707
32,570
9,707
2020
2019|
|---|---|
|||
For the financial year 31 August 2020, the company was entitled to exemption from audit under s477 of the Companies Act 2006; and no notice has been deposited under s476.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with s386 and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. The financial statements on pages 1 to 6 were approved by the board and signed on their behalf by:
**………………………………..** Ikraan Dahir Ahmed Treasurer
Date: 16 April 2021
6
## **MINORITY MATTERS LTD**
## **Notes to the Accounts**
## **For the year ending 31 August 2020**
## **1 Accounting Policies**
- _1.1 Basis of accounting_
The financial statements have been prepared under the historical cost convention, and have been prepared in accordance with the Statement of Recommended Practice, _Accounting and Reporting by Charities_ (Revised SORP 2015) and the Financial Reporting Standard for Smaller Entities.
- _1.2 Incoming Resources_
Grants and donations are recognised on accruals basis.
Incoming resources are reported gross.
- _1.3 Resources Expended_
Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered.
Expenditure that is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources.
- _1.4 Depreciation_
Tangible fixed assets are stated at cost less depreciation.
Provision for depreciation of tangible fixed assets held by the charity is made at an annual rate of 25% on straight line basis.
7
## **MINORITY MATTERS LTD**
## **Notes to the Accounts**
## **For the year ended 31 August 2020**
## **2. Grants and Donations**
|L.B. of Islington (MTSSP)
L.B. of Hackney
Cripplegate Foundation
City of London
Child Care & Saturday school
HMRC JRS
Other charity income
**2. Investment Income**
Interest receivable
Total Incoming Resources|Unrestricted
Funds
£
-
-
-
-
23,009
-
424
23,433
Unrestricted
Funds
£
-
23,433|Restricted
Funds
£
24,807
30,507
14,490
5,000
-
5,252
-
80,056
Restricted
Funds
£
-
80,056|2020
Total
£
24,807
30,507
14,490
5,000
23,009
5,252
424
103,489
2020
Total
£
-
103,489|2019
Total
£
7,467
37,583
-
-
22,952
-
-|
|---|---|---|---|---|
|||||68,002|
|||||2019
Total
£|
|||||-|
||||||
|||||68,002|
8
## **MINORITY MATTERS LTD**
## **Notes to the Accounts**
## **For the year ending 31 August 2020**
## **3a. Direct Charitable Expenditure**
|Freelance Tutors
Books & materials
Wages & salaries
Refreshments & travel
Volunteer costs
Training
Publicity & promotions
**3b. Support Costs**
Postage & stationery
Insurance
Total Charitable Activities
**4. Governance**
Total Resources Expended
5. Net resources balance
Legal and Professional
Telephone & Internet
Rent and hall hire
Depreciation
Sundry expenses|Unrestricted
Funds
£
9,999
-
695
-
-
5,365
-
-
16,058
Unrestricted
Funds
£
1,060
230
1,163
733
476
3,663
19,721
Unrestricted
Funds
£
-
19,721|Restricted
Funds
£
-
14,431
-
25,702
10,106
-
8,391
1,149
59,778
Restricted
Funds
£
-
-
-
-
-
-
59,778
Restricted
Funds
£
1,127
1,127
60,905|2020
Total
2019
Total
£
£
9,999
6,030
14,431
7,955
695
871
25,702
31,398
10,106
9,166
5,365
3,510
8,391
4,000
1,149
750
75,837
63,680
2020
Total
2019
Total
£
£
1,060
108
230
230
1,163
557
733
869
476
953
3,663
2,717
79,500
66,398
2020
Total
2019
Total
£
£
1,127
1,213
1,127
1,213
80,627
67,611|
|---|---|---|---|
Please note, that the surplus balance (£22,863) for this year is the result of still to be delivered projects due to the impact of Coronavirus lockdown (COVID-19).
9
## **MINORITY MATTERS LTD**
## **Notes to the Accounts**
## **For the year ending 31 August 2020**
|**6**
**Paid employees**
6.1
_Staff costs_
Gross wages salaries and benefits in kind
Employers National Insurance costs
6.2
_Number of employees_
The average monthly number of employees during
the year was:
Charitable activities
**7**
**Tangible Fixed Assets**
8
**9**
**Creditors – Amounts falling due within one year**
**Cost**
At 1 September 2019
Additions
Other Creditors
At 31 August 2020
Charged in the Year
31 August 2019
Trade debtors
**Depreciation**
**Net Book Value**
At 31 August 2020
**Debtors and prepayments**
At 31 August 2020
At 1 September 2019|2020
2019
£
£
25,702
31,398
-
-
25,702
31,398
2020
2019
Number
Number
3
3
3
3
**Office**
**Equipment**
**Total**
**£**
**£**
8,167
8,167
952
952
9,119
9,119
7,852
7,852
476
476
-
8,328
8,328
791
791
315
315
2020
2019
£
£
2,974
2,194
2,974
2,194
2020
2019
£
£
3,000
3,000
3,000
3,000|
|---|---|
10