Charity registration number 1168738
EQUALITIES WORK
Report and Financial Statements
for the year ended 31 August 2023
{For Charitable Incorporated Organisation;
EQUALITIES WORK Report and Financial Statements for the year ended 31 August 2023
Charity information
| Trustees | Jonathan Rees Davies |
|---|---|
| Cassie Anne Edmiston | |
| Tom Simon Swaine-Jameson | |
| Charity number | 1168738 |
| Registered office | The Foundry |
| 17 Oval Way | |
| London | |
| SE11 5RR | |
| Accountant | Lorralex Associates |
| 11 Kimberley Court | |
| Kimberley Road | |
| London | |
| NW67SL |
EQUALITIES WORK Report and Financial Statements for the year ended 31 August 2023
Contents
| Page | |
|---|---|
| Truslees* report | 1 |
| Accountants’ report | 2 |
| Statement offinancial activities | 3 |
| Balance sheet | 4 |
| Notestothestatementoffinancialactivities | 5 |
EQUALITIES WORK
Trustees’ Report
The Directors present their report and accounts for the year ended 31 August 2023
Organisation
Equalities Work is registered as charitable incorporated organisation (CIO) number 1168738. The object of the CIO is the promotion of equality and diversity for the public benefit by:
(A) Advancing education and raising awareness of equality and diversity.
(B) Promoting activities to foster understanding between people from diverse backgrounds.
Principal Activities
Equalities Work has been established to make the most of the opportunities presented by the creation of the Foundry in Vauxhall, south London. This has brought together some of London’s most progressive human rights and social justice organisations under one roof. A key objective is to engage the public with education and arts focused projects as well as talks, film nights and a range of other events. We do this by working closely with campaigning, advocacy, education, advice and arts organisations.
Over the year, Equalities Work took forward innovative projects including Rights, Camera, Action! This visual arts project engages young people in Lambeth about human rights issues and provides routes into the creative sector. The *In the Mix’ project includes workshops designed to promote access and participation to the visual arts for disabled people living in south London. It combines sessions with professional artists, mentoring and seminars. Equalities Work also received funding under Resource for London’s Enhance capacity building project enabling us to support local voluntary groups with fundraising and business planning.
Our exhibitions programme over the year included New Union Flag, a collaboration with Gil MualemDoron re-imagining the Union Jack by celebrating the communities that have contributed to the UK’s cultural legacy. Another exhibition by Michelle Baharier, How Do I Make You Feel explored the activism and prejudices experienced by disabled people alongside portraits of human rights activists. All of our exhibitions include workshops and events engaging schools and the general public to discuss the issues raised.
Our work is supported by a core grant from the Social Justice and Human Rights Centre and grants from trusts including the City Bridge Foundation.
www.equalitieswork.org
Signed on behalf of the Board of Trustees on 11 March 2024.
Jongthan Rees Davies Trustee
Page |
Accountants’ Report on the unaudited Financial Statements to the trustees of EQUALITIES WORK
As described on the balance sheet you are responsible for the preparation of the statement of financial activities for the year ended 31 August 2023 sct out on pages 3 to 5 and you consider that the company is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements, in order to assist you to fulfil your statutory responsibilities, from the accounting records and information supplied to us.
Lorraine Alexander Lorralex Associates Accountants and Independent Examiners !1 Kimberley Court Kimberley Road London NW6 7SL
11 March 2024
Page 2
EQUALITIES WORK
Statement of Financial Activities for the year ended 31 August 2023
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Note | Funds | Funds | 2023 | 2022 |
| £ | £ | £ | £ | |
| Incoming Resources | ||||
| From generating funds | - | 25.906 | 25,906 | 12.500 |
| Total Incoming Resources | - | 25,906 | 25,906 | 12,500 |
| Resources Expended | ||||
| Accountancy fees | 200 | 200 | 180 | |
| Promotions and events | 1.410 | 1,410 | - | |
| Consultancy fees | 11,895 | 11,895 | 7,860 | |
| Coordinator fees | 3,707 | 3.707 | ||
| Insurance | 333 | 333 | 289 | |
| Project costs | 5,529 | 5.529 | 900 | |
| Total Resources Expended | - | 23,074 | 23,074 | 9,229 |
| Net Incoming / Outgoing Resources | ||||
| Surplus / (Deficit) | - | 2,832 | 2,832 | 3,271 |
| Total Funds Brought Forward | 22,530 | 22,530 | 19,259 | |
| TotalFundsCarriedForward | - | 25,362 | 25,362 | 22,530 |
All transactions are derived from continuing activities
All recognised gains and losses are included in the Statement ofFinancial Activities (SOFA). The notes on page 5 form part ofthese financial statements.
Page 3
EQUALITIES WORK
Balance Sheet as at 31 August 2023
| 2023 | 2022 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Current assets | |||
| Cash at bank and in hand | 25,362 | 22,530 | |
| Current liabilities | |||
| Creditors: | - | - | |
| Amounts falling due within one year | |||
| Net current assets / liabilities | 25,362 | 22,530 | |
| Reserves Funds | |||
| Restricted funds | 19,862 | 22.530 | |
| Unrestricted funds | 5.500 | 0 | |
| Totalfunds | 25,362 | 22,530 |
The trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012. that at year end the C1O did not have any outstanding guarantees to third parties nor any debts secured on assets of the CIO.
The financial statements were approved by the Board of[trustees][on][1]][March][2024][and][signed][on][its] behalf by
----- Start of picture text -----
a
Joyathan Kees Davies
Tyustee
----- End of picture text -----
Page 4
Notes to the Statement of financial activities for the year ended 31 August 2023
EQUALITIES WORK
-
Accounting policies 1.1. Basis of accounting
-
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Accounting Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (PRS 102) issued on 16 July 2014.
1.2. Incoming Resources Incoming resources represent amounts receivable during the year. Grants and donations for specific purposes are treated as income in the year in which received. Amounts received during the year relating to specific periods are spread over the periods to which they relate. Income received during the year for future periods is treated as deferred income.
-
1.3. Outgoing Resources These are resources expended in order to deliver services. They are included in the Statement of Financial Activities (SOFA) on accruals basis. inclusive of any VAT paid. VAT cannot be recovered. Expenditure is charged to activities on a direct allocation and / or a suitable apportionment basis, in a manner consistently applied.
-
1.4. Fund Accounting Restricted and unrestricted funds are separately disclosed. as set out in the SOFA. The different funds held are defined as follows: -
Restricted funds are subject to the specific purposes for which the funds were raised: Designated and unrestricted funds are available to spend at the discretion of the Trustees in furtherance ofthe charitable objectives of the charity.
- Taxation
No taxation has been provided for in the financial statements because. as a registered charity, the income is exempt in accordance with section 505 of the Income and Corporation [axes Act 1988.
- Going Concern The accounts are prepared on a “going concern’ basis. The Trustees still consider that “going concern’ is the correct basis to prepare the accounts on the grounds that they have concluded an alternative funding arrangement and that grant funds will, in their view, be sourced to carry out the new activities. The Trustees will not undertake commitments until new funding has been secured.
Page 5
EQUALITIES WORK
Notes to the Statement of financial activities for the year ended 31 August 2023
Incoming Resources All Incoming resources are accounted for in the accounts in the year in which they are receivable.
| 2023 | 2022 | |
|---|---|---|
| Total | Total | |
| £ | £ | |
| City Bridge Foundation Resource for London (Enhance Project) |
10,906 - |
7,500 5,000 |
| The Social Justice and Human Rights Centre | 15,000 | - |
| 25,906 | 12,500 |
Page 6