BiACK ASIAN MINORITY ETHNIC VOICE {BAME VOICE) (Charitable Incorporated Organisation) (Charity registration 1173740) TRUSTEES REPORT AND ACCOUNTS 31 JULY 2021 BLACK ASIAN MINORITY ￿HNIc VOICE IBAME VOICE) TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 JULY 2021 CHARITY INFORMATION Name Black Asian Minority Ethnic Voice (&4ME Voice) Charity rezistration number 1173740 Trustees Revd Hannah Lerina Sabina Taiwo Neale Dr Rooah Omer Dr Ponnampalam Arumugaraasah Mr Abayeh Savage Principal address The Vestry Hall 336 London Road Mitcham CR4 3UD Bankers Lloyds Bank Pl P O Box 1000 Andover BX1 1 LT Independent examiner Kojo & Co Ltd Chartered Certified Accountants 11&120 London Road, Mitcham R4 3LB BLACK ASIAN MINORITY ETHNIC VOICE (BAME VOICE) TRUSTEES REPORT FOR THE YEAR ENDED 31 JULY 2021 The trustees present their report together with the a¢¢ounts for the year ended 31 July 2021 BASIS OF ACCOUNTS PREPARATION The financial statements have been prepared in accordan￿ with "Accounting and reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland The Charity is a Charitable Incorporated Organisation (CIO), that is govemed by a conslitution. It is an independent body that provides capacity building to ethnic minority organisations. Membership is open lo individuals and any organisation that identifies with its ethos and pays the required fee of £10. At 31 July 2021. there were 28 members OBJECTS The charity's objects are to build the capacty and skills of minority ethnic organisations in order that they can deliver better setvices to the particularly but not exclusively socially disadvanted communities in the borough of Merton and its environs, {hereinafter called the 'area of benefit.) in such a way that they are better able to identify and help meet their needs and to participate fully in society TRUSTEES The trustees who served during the year and at the date of this report are Revd. (Mrs) Hannah Lerina Sabina Taiwo Neale BEM Mr Abayeh Savage Dr Rooah Omer Dr Ponnambalam Arumugaraasah STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is managed by a board of trustees who meet regularly in a year. The day to day running is left in the hands of volunteers. No remuneration was paid to trustees in the year BLACK ASIAN MINORITY ETHNIC VOICE (BAME VOICE) TRUSTEES REPORT FOR THE YEAR ENDED 31 JULY 2021 ICONTD) ACHIEVEMENTS AND PERFORMANCE The change in Merton's ethnic structure and cultural diversty over the past 10 years is likely to continue over the next 10 to 20 years and will impact on all communities living in the disadvantaged areas east of the Borough. In order to gain a better understanding of the ethnic and cultural diversity in Merton and different specific needs, tt is vstal that the changing social and income trends of communities are monttored to support people from more diverse communities to better aC￿sS and use sep4ices as well as being able to contribute effectively to their communities. The focus of our activities during the year under review has been: To carry out a research programme for Merton Council's Health and Wellbeing Board into the impact the Corona Virus pandemic has had on Merton's, BAME communities. To present our Report to the Board and carrying out Phase Two of the programme which is to design and implement projectslactivities which will help remove some of the identified inequaltties currently existing within the borough. Ten organisations will work with the communities to bring this about. Working with other agencies. VR facilitated the delivery of much needed supplies - food, clothing as well as giving out information, advi￿ and counselling across the gender, age, sexuality and faiths already disadvantaged by their socioeconomic situations. To continue our efforts to develop the capacity of member organisations. increasing our joint partnership with key partners and agencies and facilitating BAME positions on decision making Boards, forums and committees. FINANCIAL REVIEW During the year, the charity raised £74,844 for capacity building and training. The determinationof of the trustees is to increase the membership base and to raise more funds. BLACK ASIAN MINORifi ETHNIC VOICE {BAME VOICEI TRUSTEES REPORT FOR THE YEAR ENDED 31 JULY 2021 ICONTD) RISKS The trustees make every effort to ensure that the potential for finan￿al and operational risks are reduced to the minimum by maintaining strict oversight through regular financial management reports. The impact of the Covid-19 pandemic has meant that the harity has to develop new ways of empowering our members. RESERVES POLICY The Trustees review the policy on reserves and set targets at least on per annum with guidance and temiinology published by the Charity Commission. The policy is also reviewed when warranted by changes in risk management or business plans. This includes unrestricted, designated funds and tangible fixed assets. Transfers to and from funds are authorised by the Trustees as a whole. A general reserve equal to at least 6 months of operating expenditure is appropriate to bridge short tenn effects andlor negotiate altemative sources. General Reserve is that part of unrestricted funds that are freely available to spend i.e. excluding designated funds and tangible fixed assets. The Charity intends to continue its present activtties whilst worl