BLACK A51AN MINORITY ETHNIC VOICE (BAME VOICE) (Charitable Incorporated Organisation) (Company reg. number: CE011258) (Charity registration 1173740) TRUSTEES REPORT AND ACCOUNTS 31 JULY 2024
BLACK ASIAN MINORITY ETHNIC VOICt (t5AME VOICE) TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 31 JULY 2024 CHARITY INFORMATION Name Black Asian Minority Ethnic Voice (BAME Voice) Charity registration number 1173740 Trustees Revd Hannah Lerina Sabina Taiwo Neale Dr Ponnampalam Arumugaraasah Mr Abayeh Savage Principal address I he Vestry Hall 336 London Road Mitcham CR4 3UD Bankers Lloyds Bank PIC P O Box 1000 Andover LIX1 1 LT Independent examiner Kojo Amoah-Arko Kojo & Co Ltd Chartered Certified AGcountants 118-120 London Road. Mitchaiii Surrey CR4 3LB
BLACK ASIAN MIP40RITY ETHNIC VOICE {BAME VOICE) TRUSTEES REPORT FOR THE YEAR ENDED 31 JULY 2024 The trustees present their report together with the accounts for the year ended 31 July 2024 BASIS OF ACCOUNTS PREPARATION The financial statements have been prepared in accordance 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 govp.rnpd by a constitution. It is an independent body that provides capacity building to ethnic minority organisations. Membership is open to individuals and any organisation that identifies with its ethos and pays the required fee of £10. At 31 July 2024. there were 30 members OBJECTS The charity's objects are to build the capacity and skills of minority ethnic organisations in order that they can deliver better services to the particularly but not exclusively socially disadvdiildged communities in the borough of Merton and its environs, {hereinafter called the 'arca of benefit,) in such a way that they are b¥ller able to identify and help meet their needs and to participate fully in society TRUSTEES The trustae8 who served during the year and at the date of this rèpurL tare Revd. (Mrs) Haniiah Lerina Sabina Taiwo Neale BEM Mr Abayeh Savage Dr Ponnambalam Arumug2r22qAh STRUCTURE, GOVERNANCE AND MANAGEMENT Thc charity is managed by a board of truste¥b wlio Ineet 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 2024 (CONTD) ACHIEVEMENTS AND PERFORMANCE ACHIEVEMENTS AND PERFORMANCE Over the period under review. most of our projects and activities were centred around supporting BAME groups during the cost-of-living crisis and the long COVID effect on IoGal communities. In our continued efforts to improve the capacity of our member organisation, we applied for and were given a three - year grant 2023-2026 under London Borough of Merton's Civic Pride Funding. The programme is running well with organisations able to offer advanced training to its staff, mainly part-time or sessional workers and to their volunteers.some were able to use thp.ir fLinding to upgrade their communications systems, develop their website, offer adventure and character development programmes to children and youths from disadvantaged baGkgrounds. Through our participation in heritage events and holding Black History events in differeiit Voll Ib uf ttie borough, we have helped promote greater cultural 2nd religious understanding, hclping to bridge the existing gap betwevJi dirrerent sections of the borough. Membership ol our charity has grown. with new groups becoming members. BAME VOICE continues to be the first point of call for information on issues aflecliiig Iiiinoiity ethnic communities in Merton and the surrounding 2reas. FINANCIAL REVIEW During the year, the charity raised £86,751 (2023. £147,540) for capacity building and training. The determination of the trustees is to increase the membership base and to raise more funds.
BLACK ASIAN MINORITY ETHNIC VOICE {BAME VOICE) TRU5TEE5 REPORT FOR THE YEAR ENDED 31 JULY 2024 (CONTD) RISKS The trustees make every effort to ensure that the potential for financial 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 charity has to develop new ways of empowering our members. RESERVES POLICY Thp TriJstpes review the policy on reserves and set targets at least once per annum with guidance and terminology 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 expendrture is appropriate to bridge short term effects andlor negotiate alternative OLirces. 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 activities whilst working more closely with other organisations. We plan lu extend our membership base. FUTURE PLANS AND SUBSEQUENT EVENTS We will encourage and support our member organisation5 in their pragr2mmes and projects which seek to creato greater understanding and trust which bring together the diverse commijnities living in Merton. We will continue to seek alternative sources of funding outside the Statutory and Trust sectors
BLACK A51AN MINoRifY ETHNIC VOICE {15AME VOICE) TRUSTEES REPORT FOR THE YEAR ENDED 31 JULY 2024 (CONTD) Statement of Trustees, responsibilities The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In pieparing these financial statements, the trustees are required to: select suitable accounting policies and apply them consistently,. observe the methods and principles in the Charities SORP 2005. make judgments and accounting estimates that are reasonable and pruclent state wtiether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements and prepare the financial statements on the going concern basis unless it is inappropriate to do su. The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any timc, the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for 8afpgLiarding the assets of the Charity and henGe for Idkirig reasonable steps for the prevention and deteetian of fraud and other irregularities. Revd. {Mr8) Hannah Lerina Sabina Taiwu Neale BEM Trustee Dated 3010512025
INDEPENDENT EXAMINER'S REPORT IU I HE TRUSTEES OF BLACK ASIAN MINORITY ETHNIC VOICE IBAME VOICE) FOR THE YEAR ENDED 31 JULY 2024 I report on the accounts of the Charity for the year ended 31 July 2024 which are set out on pages 7 to 11 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 14412) of the Charities Act 2011 {Ihe 2011 Act) and that an independent examinabon is needed. It is my responsibility lo.. examine the accounts under Section 145 of the 2011 Act, to follow thp. prnr.p_diirps laid down in the general Directions given by the Charity Cofflmission under section 14515llb) of ihe 2011 Acl-, and to State whether parbcular mallers have come to my attenb.on Basis of independent examinerfs report My examination was carried OLJI in accordance wth the generdl Diiections given by the Charity Commission. An examination include5 a review of the accounting records kept by the charity and a compari50n of the accounts represented with those recoid5. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you a4J Iru4)t¢c3 concerning any SUGh matter3. The procedures uiidei Ldkeri not provide all the evidence that would be required in an audit and consequently no opinion 1% givp_n as lo whether the accounts present a true and fair view and the report is limited to those matters sel oul in the slaternent below. Iridependent examlner's statement Iii buiiri¥Llion with my examinatlon, no matter has come to my attention- 111 which gives me reasonable cause to believv ilicil iri dny Tnalerial respect the requirements." lo keep accounting records in accordance wlh section 13n nf thp 2011 Act, and lo prepare accounts which accord with the accounting record5 and comply with tho roquirements of thc 2011 Act have not been mot", or 121 to which, in my opinion, attention should be drawn in order tr) enable a proper uncjerstandlng of the accounts to be reacned.
odL JJ Kojo Amoah-Atko FCCA Kojo & Co. Limited Association of Chartered Certified Accouiil<Jiil 118-120 London Road Mitcham, Surrey cr14 3LD Datea.
BLACK A51AN MINORI ETHNIC VOICE (BAME VOICE} STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 INCOMING RESOURCES 2024 2023 Restricted Unrestricted Total Total Grants and donations 86,591 160 86,751 147,540 RESOURCES USED Direct charitable expenditure 69,950 69,950 75,278 Management and administration 17,472 17,472 18,660 TOTAL 87,422 87,422 NET INCOMING RESOURCES (830) 160 {670) 53,602 Balances brought fOard 152,716 5,692 158,408 104,806 RAI ANCES CARRIED FORWARD 151.886 5,852 157,73LI 1J8,408
BLACK ASIAN MINORITY ETHNIC VOICE (BAME VOICE) BALANCE SHEET AS AT 31 JULY 2024 2024 2023 Note CURRENT ASSETS Bank and cash balances 158,338 159,008 CREDITORS: Amounts falling due in 1 year 600 600 157,738 158,408 FUNDS Restricted funds Unrestricted funds 151,886 5,852 152.716 5,692 157,738 158,408 The notes to the financial statements torm an integral part of thcsc financial statements LL. 3010512025 Date Revd. (Mis) Hannah Lerina SaLiina Taiwo Neale L4EM Trustee
BLACK A51AN MINQRifY ETHNIC VOILE (BAME VOICE) NOTES TO THE FINANCIAL STATEMENTS- 31 JULY 2024 1. BASIS OF ACCOUNTING The financial statements have been prepared in accordan with Accounting and Reporting by Charities. Statements of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (Second Edition) and the Charities Act 2011 and the UK Generally Acceptable Practice as it applies from 1, January 2015. The financial statements have been prepared to give a 'Yrue and fairf, view and have been prepared from the Charities (Accounts and Reports Regulation 2008 only to the extent required to provide a true and fair view" This departure has involved following Accounting and Reporting by Charities. Statement of Recommended Practice appliGable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Second Edition)" rather than thc Accounting and Reporting by Charities. StatelTi¥rit uf Recommended Practipp p.ffpr.tive from 1, April 2005 which has since been withdrawn. The financial statements have been prepared in accordan with the accounting policies set out in Note 2 to these accounts and in accordance with the governing document of the Charily 2. ACCOUNTING POLICIES 2a Funds structure Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor Unrestricted funds are funds which the trustees arc frcc to U8e for any purpose in furtherance of its charitable objectq. 2b Income recognition All income is recoqnised once the charity has entitlement to the inc.nmp. it is probablc that the income will be received and the aiTiuurit of the income receivable can be measured reliably. Grants and donations are only inGluded in the SOFA wlieii the general inr.nme recognition criteria as stated above are met
10 LILACK ASIAN MINORITY FfHNIC VOICE (BAME VOICE) NOTES TO THE FINANCIAL STATEMENTS - 31 JULY 2024 ACCOUNTING POLICIES (Contd) 2c Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual basis. 2d Irrecoverable VAT Irrecoverable VAT is charged against the expenditure heading for which it Wds Iiicurred 2e Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within in current liabilities. INCOME 2024 Total 2023 Total Restricted Unrestrict. London Borough of Merton Resilience Programme Capacity Building Fund l ottery Community Fund London Borouqh of Merton- Climate change Membership fees Sundry income 78,000 33,994 26,166 67,987 18,604 18,604 40 120 40 120 9,380 86,591 160 86,751 147,54n
BLACK ASIAN MINORITY ETHNIC VOICE (BAME VOICE) NO I ÈS TO THE FINANCIAL STATEMENTS- 31 JULY 2024 2024 Total 2023 Total Restricted Unrestrict. DIRECT CHARITABLE EXPENDITURE Programme cost Event expenses 53,386 16,564 53,386 16,564 65,114 10,164 69,950 69,950 75,278 MANAGEMENT AND ADMINISTRATION Printing & stationery Voluntary expenses Telephone Travelling & sundry expenses Office rent Independent examiner's fees 189 10.817 462 1,054 4,349 600 189 10,817 462 1.054 4,349 600 122 11,411 443 603 5,481 600 17,472 17,472 18,660 CREDITORS: Atnounts falling due in 1 year 2024 2023 Accruals 600 600 FUNDS 01-Aug-23 Received Payments 31-Jul-24 Restricted l Jnre.stricted 152,716 5,692 86,591 160 87,422 151,886 156,406 86,751 87,422