**Annual Report and Financial Statements for the year ended 31[st] March 2025 A Charitable Incorporated Organisation Number: 1165804**
Website: www.racialjustcenetwork.co.uk Instagram: @theracialjustcenetwork Twitter: @RaceJustce
Facebook: Racial Justce Network
0
## **Racial Justice Network Financial Statements for the year ended 31st March 2025**
|**Reference and Administratve Details**|**3**|
|---|---|
|**Chief Executve Ofcer:**|**3**|
|**Structure, Governance, and Management**|**4**|
|**Governing document**|**4**|
|**Appointment and inducton of trustees**|**4**|
|**Organisaton structure**|**4**|
|**Major risks**|**4**|
|**Objectves and Actvites**|**5**|
|**Actvites and Achievements**|**5**|
|**Financial Review**|**9**|
1
**Racial Justice Network Financial Statements for the year ended 31st March 2025**
The trustees of the charity present their Annual Report and Accounts for the year ended 31st March 202.
## **1. Reference and Administrative Details**
Name of Charity: Racial Justice Network Charitable 1165804 Incorporated Organisation 148 The Rose Bowl Principal Office: Portland Crescent Leeds, West Yorkshire LS1 3HB Bankers: CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4TA Reporting Accountants: Samuel K. Tsipotey, FCCA 36 Charcroft Gardens Enfield, Middlesex EN3 7HA
## **Trustees who served during the period to the date of this report are:**
|Name|Date appointed|Retred/Resigned|
|---|---|---|
|Ishah Jawaid|01.02.2023||
|Farhat Bi|01.02.2023||
|Yvonne Howe|15.10.2023||
|Alexandra Ruhland-Syquia|15.10.2023||
|Esther Stanford-Xosei|09.12.2023||
## **Chief Executive Officer:**
Dr. Peninah Wangari-Jones
## **Interim-Chief Executive Officer:**
Anu Priya
2
**Racial Justice Network Financial Statements for the year ended 31st March 2025**
## **2. Structure, Governance, and Management**
The Racial Justice Network (RJN) is a Charitable Incorporated Organisation (CIO) based in West Yorkshire, UK. RJN brings together organisations, groups, and individuals across West Yorkshire and beyond to proactively promote racial justice.
## _Governing document_
The charity is governed by a Constitution, an Association model of a CIO having members.
## _Appointment and induction of trustees_
Trustees have historically been appointed from active members within the Racial Justice Network and community.
All trustees are offered a comprehensive induction and training within the first year in post.
## _Organisation structure_
RJN is governed by its trustees and a Chief Executive Officer who are responsible for setting the strategic direction and policies of the charity. The trustees carry the ultimate responsibility for the conduct of the charity and for ensuring that the charity satisfies its legal and contractual obligations. The trustees meet as often as they need to and delegate the day-to-day operations of the charity to the Chief Executive
Officer. In the case of an approved, extended leave (such as the maternity leave taken between 11 January 2024 to 10 January 2025) the Chief Executive Officer will delegate responsibilities and decision-making to an Interim-Chief Executive Officer as approved by the Board.
## _Major risks_
The leadership (Board and CEO) ongoingly assess and manage risk, ensuring action plans are in place to mitigate them. Plans are afoot to draw a more comprehensive risk register to be monitored regularly. The main risks identified so far include:
- Loss of key personnel that would severely limit the ability to perform activities and meet objectives;
- Gaps in continuity of programmes and project delivery during periods of transition, such as from one leader to another;
- Loss of income – particularly unrestricted income – from public donations and grants;
- Strategic misalignment with a key partner or funder and resultant loss of funding or other strategic support;
- A catastrophic failure of IT systems including laptops and access to the internet;
- External or internal attacks due to values, stance/vision and positionality.
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**Racial Justice Network Financial Statements for the year ended 31st March 2025**
## **3. Objectives and Activities**
_Objects_
The objects of the charity as stated in its governing document are:
- A. To develop the capacity and skills of the members of socially and economically disadvantaged communities in the north of England, especially racially black and minority ethnic communities, in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.
- B. The promotion of equality and diversity for the public benefit in particular by:
1. elimination of discrimination on the grounds of race and religion
2. advancing education and raising awareness of equality and diversity
3. conducting or commissioning research on equality and diversity issues and publishing the results to the public.
4. cultivating a sentiment in favour of equality and diversity
_Summary of the main activities undertaken for the public benefit in relation to these Objectives_
RJN continues to inform, influence, train, mobilise, organise, and conduct research within eight current projects. This work was carried out by the Interim-CEO, CEO, 11 staff members (approx. 5 FTE), five trustees, approximately 30 volunteer members and some support from our partners/collaborators. These projects are:
1. Collective Conversations 2. Race and Climate Justice
3. Stop the scan campaign
4. Unlearning Racism Programme
5. Research and Reports
6. International Solidarity
_Activities and Achievements_
During the year, Racial Justice Network continued to deliver a wide-ranging programme of grassroots organising, education, community safety work, international solidarity, and movement-building. RJN’s work in this period responded directly to escalating racialised violence, climate injustice, long legacies of colonialism, and the needs for solidarity and safety emerging across the Network.
This year was also notable for RJN as its founder and CEO took maternity leave for the first time and the Charity welcomed an Interim-CEO to guide the organisation through this period. With the support of RJN trustees and staff, the Interim-CEO stewarded the organisation through the successful delivery of programmes and priorities. RJN intentionally spent this year focused on core programmes and community engagement and, alongside, continued to deepen the efficacy of its
4
**Racial Justice Network Financial Statements for the year ended 31st March 2025**
approaches to achieving the charitable objects. Going into 2025-2026 the Racial Justice Network is excited to have the founding CEO back in post and guiding the organisation through a strategic planning refresh and continued programme delivery.
## _**Decolonise Your Mind and Peace Lotus Day**_
In April and May 2024, RJN marked Peace Lotus Day through a series of educational and reflective activities rooted in internationalist solidarity. Peace Lotus Day commemorates resistance to colonial violence, imperialism, genocide and ecocide, and provided space to learn from global struggles for justice and peace.
Building on the 2023 Decolonial International Symposium, RJN hosted a public webinar featuring Elder and Professor Ngũgĩ wa Thiong’o, alongside Esther Xosei, Peninah Wangari-J and Ndungi Githuku. The discussion explored intergenerational and international lessons of resistance and highlighted the continued impacts of colonial domination, described by Professor Ngũgĩ as ‘normalised abnormalities’.
As part of this work, RJN launched a documentary capturing the learning from the 2023 Symposium, extending access to decolonial education beyond those able to attend in person. This work directly furthered the Charity’s educational objectives by amplifying global majority knowledge systems and fostering critical dialogue.
## _**Solidarity Against Far-Right Violence and Racism**_
In August 2024, RJN issued a public statement and practical safety guidance in response to far-right violence and racist riots across the UK. The organisation stood in solidarity with racialised communities, refugees and people seeking asylum, acknowledging both the immediate threats and the structural conditions enabling such violence.
Alongside political analysis, RJN shared practical community safety advice and signposted trusted grassroots and advocacy organisations. This intervention supported community wellbeing at a time of heightened fear and risk, reinforcing RJN’s commitment to care, solidarity and harm reduction.
## _**Volunteer Programme and Capacity Building**_
During the summer of 2024, RJN continued to build its Volunteer Programme, expanding opportunities for community members to contribute skills, creativity and leadership to the movement for racial justice. Volunteer roles spanned campaigning, research, education, community building and creative storytelling.
to strengthen RJN’s ability to deliver high-quality political education, community organising, and policy influence. Recruitment processes centred lived experience, accessibility, and relational practice, reflecting RJN’s commitment to reparative and transformative justice in all aspects of its work.
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**Racial Justice Network Financial Statements for the year ended 31st March 2025**
RJN also collaborated with University of Sheffield (Centre for Equity and Inclusion), a researcher based at the university was able to research and archive RJN’s 10 years of work.
## _**Race and Climate Justice**_
Building upon the release of 13th Recommendation Report, RJN continued this 13th Recommendation campaign to move climate conversations and actions towards equity and solidarity with other oppressions – such as migration policies, international legal structures, social class inequalities, epistemicide, racism, and others.
In April 2024, RJN’s team facilitated Stop the Criminalisation of Earth Defenders, a workshop at the intersect of biometric policing and climate emergency. This workshop served directly to build community through collective education and awareness-raising, while addressing the systemic and institutional drivers of discrimination across social and environmental movements.
During this reporting year – and following three years as part of the Climate Action Leeds partnership – RJN made the strategic decision to exit the partnership in September 2024. This decision followed sustained experiences of epistemic harm, structural exclusion and the marginalisation of race and climate justice within the partnership’s governance and practice.
Trustees and staff determined that exiting the partnership was necessary to protect the organisation’s integrity, wellbeing, and capacity to pursue its charitable objectives. RJN continues its race and climate justice work independently, guided by the 13th Recommendation framework.
## _**Reimagining Community Safety**_
A major strand of work during this year focused on reimagining community safety beyond policing and punishment. Through research, blogs, and public forums, RJN explored the colonial roots of modern policing and highlighted community-led alternatives rooted in care, accountability, and transformative justice.
In September 2024, RJN co-hosted the ‘Community Safety: Reimagined’ forum with Harehills Action Team and StopWatch UK. The event brought together community members, organisers, artists and speakers to share experiences, map alternatives to policing, and strengthen collective responses to harm.
Follow-up work included publishing practical guidance on alternatives to contacting the police and promoting long-term investment in community-based safety infrastructures.
## _**Unlearning Racism Programme**_
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**Racial Justice Network Financial Statements for the year ended 31st March 2025**
This year, RJN’s Unlearning Racism Programme emerged from its initial years of delivery to adapt to a new social landscape. The programme’s aim in this year was to deepen and sustain an interconnected approach to unlearning, grounded in RJN’s liberatory, reparative, and transformative justice-based framework. This work sought to galvanise the organisation's existing knowledge from eight years of delivery and archive of materials previously delivered, as well as pilot a new organisational delivery approach with the Justice Together Initiative.
Following the launch last year of the report on our seven years of delivery of Unlearning Racism, RJN sought to build on its insights, proceeding with our education and activism work while taking its lessons to heart.
This year, RJN solidified the Unlearning Racism Programme’s work by conducting a media audit and asset collection, developing a categorisation and catalogue system for all the content, materials, and communication the Charity had produced for the programme previously. From this RJN began evolving the content and materials to more effectively meet the programme’s next evolution.
The Unlearning Racism Programme received partial funding from the Justice Together Initiative (JTI), a donor collaboration to develop a pilot training for JTI partners, for delivering in our expertise in anti-racism education and facilitation. This funding supported the adaptation and evolved our existing materials to more effectively tailor them to organisations working immigration and asylum system.
Following extensive development, design, and testing of this new iteration of the Unlearning Racism Programme, the Charity recognised that the programme and the funder’s requirements for its delivery put an undue pressure. In adherence to our objects of supporting and positively contributing to racially minoritised communities in the North of England, RJN determined that the pilot programme ultimately came at too great a human cost to continue to deliver. Leadership and trustees, as such, decided to wind-down RJN’s role in the programme’s development to honour our commitment to the communities most affected by racism and the immigration and asylum system.
## _**Digital Transformation**_
This year RJN also undertook a digital transformation, updating its website and digital platform presence to provide a professional digital presence, grow user engagement, and build the Charity’s digital network and credibility.
This work is ongoing but as of year ending 31 March 2025 already demonstrated a growth in active users and promising initial return on investment.
## _**Reflection, Celebration and Looking Forward**_
In February 2025, RJN published its annual reflection on the year, acknowledging the profound challenges faced by communities alongside moments of resistance,
7
**Racial Justice Network Financial Statements for the year ended 31st March 2025**
creativity and care. Key organisational developments included leadership transitions, strengthened internal processes and renewed commitment to centring the most marginalised.
The calendar year concluded with Gather Up 2024, combining RJN’s AGM with celebration, storytelling, art, and community connection. This event embodied RJN’s values of joy, resistance and repair, and set the foundation for future initiatives including monthly community safety spaces and the launch of RJN’s first podcast, ‘Communities of Resistance’.
The financial year ended with deeper reflections on the political and economic landscape and the experiences of marginalised and racialised communities as well internal dynamics (current and historical) leading to a strategising phase with the team, communities and consultants.
## _**Future Plans (2025/26)**_
In 2025/26, RJN looks forward to refreshing its strategic focus areas and building on its ambition to deliver even more effectively on its charitable objects through the following programmes:
- International Solidarity – continuing to build and strengthen connections and activism across communities and nations;
- Race & Climate Justice – highlighting disproportionate impacts on the Global South using the 13th Recommendation framework, and building on our collaborations to drive action;
- Migrant Justice – reframing narratives on migration, race, and coloniality, and sharing our tools and knowledge more widely;
- Community Building – supporting grassroots organising, collaborative fundraising, and shared capacity across our growing network;
- Decolonial Knowledge Production – decolonising knowledge systems and legitimising non-Western knowledge through our programmes and partnerships;
- Strengthening Governance – revisiting our governing constitution and ensuring our governance procedures and trustee recruitment are effective in delivering RJN’s purpose and mission;
- Growing Our Fundraising – continuing to engage funders more deeply in RJN’s work and gaining the support of trustees to steward these relationships.
Embedding Infrastructure: Continue improving operational function within the organisation, building processes that allow the team to flourish and ensure long-term stability.
With these plans, we aim to deepen our community impact, strengthen our internal and governance systems, and continue to advance systemic change for racial justice.
8
## **4. Financial Review**
## **Financial Position**
Incoming Resources in the year amounted to £449,421 (2024- £326,154) of which £119,577 (2023-24 -£99,679) was restricted.
A surplus of £164,949 (2023-24-£28,049 deficit) was made in the year. At 31st March 2025, total funds amounted to £399,482 (2023-24 -£234,533) of which £27,749 (202324 - £39,758) was restricted.
## **Reserves Policy**
The trustees are required to ensure that free monies are available in each financial year to meet any reasonably foreseeable contingency. The charity will maintain a projection of income for at least one year ahead and will ensure that this continues to be derived from as wide a variety of sources as possible. They will take all necessary steps to ensure that at no time within this period would it be possible for the cessation of one or more funding streams to present so serious a challenge to the future of the organisation that it could not be managed so as to continue to provide a best value service.
In reviewing the potential costs that could arise should a significant reduction in income be suffered, the trustees have determined that ‘free’ reserves should be maintained equal to 12 months of unrestricted total operating expenditure. Free reserves are defined as total unrestricted reserves less unrestricted net fixed assets. This is equivalent to £397,134 (2024-£192,011) for the year. The trustees regard this as adequate for the following year.
## **Racial Justice Network Financial Statements for the year ended 31st March 2025**
## **Notes to the accounts**
## **5. Accounting Policies**
The principal accounting policies are summarised below. The accounting policies have
been applied consistently throughout the year and the preceding year.
## **a) Basis of Preparation**
The financial statements have been prepared under the historical cost convention in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities, issued in March 2005.
## **b)**
## **Charity Status**
The Charity is a Charitable Incorporated Organisation (CIO)
## **c) Fund Accounting**
**Unrestricted Funds** comprise accumulated surpluses and deficits on general funds that are available for use at the discretion of the Trustees in furtherance of the Charity’s objects and that have not been designated for other purposes.
**Restricted Funds** are funds subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **d) Incoming Resources**
## **Recognition of Incoming Resources**
These are included in the Statement of Financial Activities (SOFA) when
- the charity becomes entitled to the resources
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability.
## **e) Resources Expended**
## **Recognition of Expenditure and Liabilities**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Expenditure is recognised on an accruals basis as a liability is incurred.
## **Costs of Charitable Activities**
These comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. They include both costs that can be directly allocated to the charity’s activities and costs of an indirect nature necessary to support these activities **,** shown as support costs in the accounts.
## **Governance Costs**
These are the costs associated with the governance arrangements of the charity. They include the costs of the preparation and examination of statutory accounts, trustees’ meetings and the costs of any legal advice given to trustees on governance or constitutional matters.
All costs are charged between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity (or project) are allocated directly; others are apportioned on an appropriate basis **.**
## **f) Volunteer Help**
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report, where material.
## **g) Fixed Assets**
## **Tangible Fixed Assets for charity’s own use**
These are capitalised if they can be used for more than one year and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
A fixed asset acquired fully or partly from a restricted grant is included at its full cost of acquisition without netting off the grant proceeds and the grant reported as an incoming resource. Where the use of the asset such acquired is not restricted by the grantor, an amount equal to the grant is transferred into a designated fund to be written off over the useful life of the asset in accordance with the recommendations of SORP 2005, paragraph 111.
## **h) Depreciation**
Tangible Fixed Assets are depreciated so as to write off their cost less any estimated residual value over their useful lives at the following rates:
General equipment 15% reducing balance. Other fixed assets 15% reducing balance.
## **6. Independent Examiner’s Report to the Trustees of Racial Justice Network**
I report to the charity trustees on my examination of the accounts of the above charity (CIO) for the year ended 31st March 2024.
## **Responsibilities and basis of report**
As the charity trustees of the CIO, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner’s Statement**
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified Fellow of the Association of Chartered Certified Accountants (ACCA).
I have completed my examination and can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Samuel Kwasi Tsipotey, FCCA**
Samuel Associates 36 Charcroft Gardens Enfield, Middlesex EN3 7HA
28 January 2026
## **7. Statement of Financial Activities (Incorporating an Income and Expenditure Account) For the year ended 31 March 2025**
|**Notes**
**Income and endowments from:**
Voluntary income
2
Charitable activities
3
Total
**Expenditure on:**
Charitable activities
4
**Net income/(expenditure)**
5
**Net movement in funds before transfers**
**Transfers between funds**
10
**Net movement in funds after transfers**
**Reconciliation of funds**
10
**Total funds brought forward (amended)**
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Total**
**Total**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
**£**
**£**
279,844
-
**279,844**
110,240
50,000
119,577
**169,577**
215,915|
|---|---|
||**329,844**
**119,577**
**449,421**
**326,154**|
||81,387
203,085
**284,472**
354,203
248,457
(83,508)
164,949
(28,049)|
||**248,457**
**(83,508)**
**164,949**
**(28,049)**|
||(56,245)
56,245
**-**
-|
||**192,212**
**(27,263)**
**164,949**
**(28,049)**
179,521
55,012
**234,533**
262,582|
||**371,733**
**27,749**
**399,482**
**234,533**|
## **8. Balance Sheet as at 31st March 2025**
|**Notes**
**Fixed assets**
Tangible assets
**6**
**Current assets**
Total current assets
**7**
**Current liabilities**
Creditors: Amounts due within one year
**8**
**Net current assets**
**Net assets**
**Funds of the Charity**
**9**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total 2025**
**Total 2024**
**£**
**£**
**£**
**£**|
|---|---|
||2,348
-
**2,348**
**2,763**
388,923
27,749
**416,672**
**268,840**
**19,538**
-
**19,538**
**37,070**|
||**369,385**
**27,749**
**397,134**
231,770|
||**371,733**
**27,749**
**399,482**
**234,533**|
||**371,733**
**27,749**
**399,482**
**234,533**|
The financial statements were approved by the Trustees on 28 January 2026 and signed on their behalf by:
**----- Start of picture text -----**
SIGN
…………………………………………………………….
**----- End of picture text -----**
**----- Start of picture text -----**
Trustee,
**----- End of picture text -----**
Alexandra Ruhland-Syquia
CIO number: 1165804
## **Financial Statements for the year ended 31st March 2025**
## **Notes to the accounts**
## **2 Voluntary income**
**Unrestricted Restricted**
|**Voluntary income**|**Unrestricted**|**Restricted**|||
|---|---|---|---|---|
||**funds**|**funds**|**Total 2025**|**Total 2024**|
||**£**|**£**|**£**|**£**|
|Donations and legacies|9,729|-|9,729|10,416|
|Grants receivable|270,115|-|270,115|99,824|
|**Total**|**279,844**|**-**|**279,844**|**110,240**|
|**Charitable activities**
**Grants receivable**
Black and Brown (Community)
Organiser
Restricted
Unlearning & Training
Restricted
Race and Climate Justice
Restricted
International Solidarity
Unrestricted
Stop the Scan
Unrestricted
**Total**|**Unrestricted**
**Restricted**
**funds**
**funds**
**Total**
**2025**
**Total 2024**
**£**
**£**
**£**
**£**|
|---|---|
||- 49,999 49,999 38,334
- 43,250 43,250
-
- 26,328 26,328 11,078
50,000
- 50,000 15,951
-
-
- 76|
||**50,000**
**119,577**
**169,577**
**65,439**|
## **3 Charitable activities**
## **Financial Statements for the year ended 31st March 2025 Notes to the accounts**
|||**Unrestricted**|**Unrestricted**|**Restricted**|||
|---|---|---|---|---|---|---|
|4
**Direct expenditure on charitable activities**||**funds**||**funds**|**Total 2025**|**Total 2024**|
||||**£**|**£**|**£**|**£**|
|Direct salaries, NI, and pension||5,004||52,958|57,962|119,668|
|Conference costs|||-|-|-|74,615|
|Direct project support expenses|||-|8,732|8,732|7,464|
|Consultancy fees||5,389||410|5,799|13,316|
|International collaboration costs||5,663||0|5,663|6,554|
|Facilitators' and mentors' fees|||-|1,000|1,000|3,250|
|General direct costs & travel||5,295||0|5,295|3,769|
|Trainers & accessibility costs|||-|2,406|2,406|230|
|Setup costs, phone data|||-|-|-|103|
|Interview & speakers' fees|||-|895|895|1,850|
|Meeting & miscellaneous expenses|||-|735|735|385|
|**Total direct expenditure**||**21,351**||**67,136**|**88,487**|**231,204**|
|**Note 4 (continued)**
Direct
salaries, NI,
and
pension|Direct
project
support
expenses|Community
access &
consultancy
fees||Facilitators',
Speakers
and
mentors'
fees|Trainers
fees and
expenses|**Total**|
|**Funds**
**£**|**£**||**£**|**£**|**£**|£|
|Community Organiser
10,566|33||-|
-|-|**10,598**|
|Race and Climate Justice
6,957|645||659|895|106|**9,262**|
|Unlearning & Training
22,693|8,120||-|1,000|2,300|**34,113**|
|Stop the Scan
12,742|420||-|
-|-|**13,162**|
|**Total restricted project**
**funds**
**52,958**|**9,218**||**659**|**1,895**|**2,406**|**67,136**|
|57,962|||||||
|**Unrestricted project funds**|||||||
|International Solidarity
5,004|10,092||-|
-|-|**15,095**|
|General fund
-|6,256||-|
-|-|**6,256**|
|**Total unrestricted funds**
**5,004**|**10,092**||**-**|
**-**|**-**|**15,095**|
||||||||
|**Total direct expenditure**
**57,962**|**19,310**||**659**|**1,895**|**2,406**|**82,231**|
## **Financial Statements for the year ended 31st March 2025 Notes to the accounts**
|**Support and governance costs**
Support staff salaries, NI and pension
Independent examination fees
AGM expenses
General consultancy
Trustees' travel and meeting expenses
General governance expenses
Consultancy, Freelance fees- general
admin
Accountancy and payroll fees
Bank charges
Rent and rates
Travel and subsistence
Staff training and well-being
Telephone and broadband, website
General admin and HR expenses
Depreciation charge for the year|**Governance**
**Support**
**costs**
**Total**
**Total**
**costs**
**2025**
**2024**
**£**
**£**
£
£|
|---|---|
||-
116,192
116,192
69,422
3,500
-
3,500
3,000
5,464
-
5,464
1,476
1,050
-
1,050
5,400
232
-
232
255
2,200
-
2,200
106
- 34,888
34,888
-
-
8,199
8,199
9,058
-
79
79
385
-
5,724
5,724
6,246
-
1,074
1,074
1,950
- 10,318
10,318
8,506
-
2,009
2,009
2,843
-
4,641
4,641
13,864
-
415
415
487|
||**12,446**
**183,539**
**195,985**
**123,000**|
## **Financial Statements for the year ended 31st March 2025 Notes to the accounts**
## Note 4 (continued)
|**Share of support costs**|**Percentage**
**share based on**
**staff time**|**Governance**
**costs**|**Support**
**costs**|**Total**
**support and**
**governance**
**costs**|**Direct**
**charitable**
**expenditure**|**Total**
**charitabl**
**e**
**expendit**||
|---|---|---|---|---|---|---|---|
|||||||**ure**||
|||||||**2025**|**2024**|
|**Restricted Projects**||**£**|**£**|**£**|**£**|**£**|**£**|
|Community Organiser|18%|2,269|33,457|35,726|10,598|46,324|37,930|
|Race and Climate Justice|12%|1,494|22,031|23,525|9,262|32,787|24,961|
|Unlearning & Training|17%|2,135|31,480|33,615|34,113|67,729|31,952|
|Stop the Scan|22%|2,736|40,347|43,083|13,162|56,245|28,657|
|Black and Brown Trainer|0%|-|-|
-|
-||20,747|
|||||||-||
|**Total restricted funds**|**69%**|**8,634**|**127,316**|**135,949**|**67,136**|**203,085**|**144,247**|
|**Unrestricted funds**||||||||
|International Solidarity|9%|1,074|15,845|16,919|15,095|32,015|117,592|
|General fund|22%|2,738|40,379|43,117|6,256|49,373|-|
|Collective Conversations|0%|-|-|
-|
-||6,404|
|||||||-||
|Infrastructure|0%|-|-|
-|
-||85,960|
|||||||-||
|**Total unrestricted funds**|31%|**3,813**|**56,223**|**60,036**|**21,351**|**81,387**|**209,956**|
|||||||||
|**Total charitable**
**expenditure**|**100%**|**12,446**|**183,539**|**195,985**|**88,487**|**284,472**|**354,203**|
## **Financial Statements for the year ended 31st March 2025 Notes to the accounts**
|**5 Net income is after charging:**
**Depreciation**
Media equipment
**Staff costs were as follows:**
Wages and salaries
Social security costs, net
Pension costs|**2025**
**2024**
**£**
**£**
415
487
**2025**
**2024**
**£**
**£**
166,985
184,397
8,543
8,129
3,542
3,228|
|---|---|
||**179,070**
**195,754**|
The average number of employees during the year was 5.0 (2024 -5.3)
No employee's remuneration exceeded £60,000.
2 trustees claimed travel expenses totalling £232 (2024-£207)
## **Financial Statements for the year ended 31st March 2025 Notes to the accounts**
|**6**
**Fixed assets**
**Cost**
At 1 April 2024
**At 31 March 2025**
**Depreciation**
At 1 April 2024
Charge for the year
**At 31 March 2025**
**Net book value**
**At 31 March 2025**
At 31 March 2024
**7**
**Current assets**
Bank current account balance
**Cash at bank and in hand**
**8**
**Current liabilities**
Social Security and taxes
Accrued expenses
Pension creditor
Total|**Media**
**Office**
**equipment**
**equipment**
**Total**
**£**
**£**
**£**
**3,672**
**1,170**
**4,842**
**3,672**
**1,170**
**4,842**
1,755
324
2,079
288
127
415
**2,043**
**451**
**2,494**
**1,629**
**719**
**2,348**
**1,917**
**846**
**2,763**
**Unrestricted**
**Restricted**
**funds**
**funds**
**Total 2025**
**Total 2024**
£
£
£
£|
|---|---|
||388,923
27,749
**416,672**
**268,840**|
||**388,923**
**27,749**
**416,672**
**268,840**|
||**Unrestricted**
**Restricted**
**Total 2025**
**Total 2024**
**funds**
**funds**
**£**
**£**
**£**
**£**
12,446
-
**12,446**
**17,219**
6,500
-
**6,500**
**19,417**
592
-
**592**
**434**
**19,538**
**-**
**19,538**
**37,070**|
## **Financial Statements for the year ended 31st March 2025 Notes to the accounts**
|**9**
**Note 10**|**Funds of the charity**
**As at 1 April**
**2024**
**Incoming**
**Outgoing**
**Transfers**
**As at 31**
**March 2024**
**£**
**£**
**£**
**£**
**£**
Unrestricted funds
**194,774**
329,844
(81,387)
(56,245)
**386,986**
Restricted funds
**39,759**
119,577
(203,085)
56,245
**12,496**
**Total funds**
**234,533**
**449,421**
**(284,472)**
**-**
**399,482**
**Balance 1**
**April 2024**
**(Amended)**
**Incoming**
**Outgoing**
**Net**
**movement**
**in the year**
**Transfers**
**Balance 31**
**March**
**2025**
**Funds accounts**
**£**
**£**
**£**
**£**
**£**
**£**|
|---|---|
|||
||**Restricted funds**
Unlearning & training
39,218
43,250
67,729
(24,479)
-
**14,739**
Race and Climate Justice
8,167
26,328
32,787
(6,459)
-
**1,708**
Community Organiser
7,627
49,999
46,324
3,675
-
**11,302**
Stop the Scan
-
-
56,245
(56,245)
56,245
**-**|
||**Total restricted funds**
**55,012**
**119,577**
**203,085**
**(83,508)**
**56,245 27,749**|
||**Unrestricted funds**
General funds
103,046
279,844 49,372.64
230,471
(54,281)
**279,236**
Collective Conversations
1,964
-
-
-
(1,964)
**-**
International Solidarity
-
50,000
32,015
17,985
-
**17,985**
Archivist & Researcher
67,406
-
-
-
-
**67,406**
Pastoral Support
7,105
-
-
-
-
**7,105**|
||**Total unrestricted funds**
**179,521**
**329,844**
**81,387**
**248,457**
**(56,245)**
**371,733**|
|||
||**Total funds**
**234,533**
**449,421**
**284,472**
**164,949**
**-**
**399,482**|
**Note:**
Archivist Researcher is a merger of Legacy and Research & Reports
## **Financial Statements for the year ended 31st March 2025 Notes to the accounts**
|**Detailed income and expenditure account**
**for the year ended 31st March**
**Incoming resources**
Grants receivable
Donations and legacies & sundry income
Training fees received
**Total income**
Direct Salaries, NI and pension
Conferences & accessibility costs
General direct project costs
Consultancy
Facilitators' fees
Mentors' & trainers fees & expenses
Project support
Speakers' fees
Venue hire
**Total direct charitable expenditure**
AGM expenses
General Governance Expenses
Independent examination fees
Trustee travel expenses
**Total governance expenses**
Support salaries, NI and pension
Freelance fees- general admin
General admin expenses
Bank charges
Bookkeeping, accountancy & payroll fees
Software subscriptions
Staff welfare
HR costs
Telephone and broadband
Staff training
Travel and subsistence
Rent
**Total administration expenses**
**Total expenditure**
**Surplus/(Deficit) for the year**|**2025**
**2024**
**£**
**£**|
|---|---|
||439,692
304,269
9,729
17,422
-
4,462|
||**449,421**
**326,153**|
||57,962
119,668
659
81,392
18,339
9,001
5,799
13,316
-
250
3,406
3,007
1,428
2,335
895
1,850
-
385|
||**88,487**
**231,204**|
||5,464
1,476
3,250
1054
3,500
3,000
232
207|
||**12,446**
**5,737**|
||116,192
69,422
34,888
4,500
1,135
11,027
79
385
8,199
9,058
2,143
1,566
9,818
6,929
1,778
1,758
2,009
2,843
500
1,577
1,074
1,950
5,724
6,246|
||**183,539**
**117,261**|
||284,472
354,202|
||**164,949**
**(28,049)**|