RKCISTERED IX•IPANY NUMBER: CK017098 {EnglaAd and Walosl PSGISThRED CHARIIY NUbJBER: 1182858 Re ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for Multicultural Eiichrnond 2$? T3 411K Multicultural Rlch]Lond Contents of the Financial StateTr.entB or the Year Ended 31 March 2025 Page Report of Trustees Independent ExawLiner' s Report stateThent of Financial Activities Balance Sheet Notes to the FlnancAaL Statements 8 toll Detailed Statenent of Financial Activities 12 Multicultural ￿e￿￿Ond or- of the Trus-ees foL the Year Endea 31 Nareh 2025 The YEustees who are also directors of the Charity for the purposes of the Cornpanies Act 2006, present their report wlth the f inancial statemen=: of the charity for the year er.ded 31 March 2025. The Trustees have aoopted the provisions of Aecouryting and Reporting by Charities: statement of RecomTfLended Practice applicable to chaElties preparing their accounts in accordaice with the Finar_clal Reporting Standard applicable in the UK and Repub- ic of Ireland IFRS 1021 leffective l January 20191 OBJECTIVES AND AcfIviTIES The promotion of equality and diversity for the public beneflt by: Working towards the elimination of racial diSCru￿natIOn,. Promoting equality of opportunity and good relations between persons of dif f ererkt racial groups especially in the London Borough of RicTrLThond upon Th￿eS and the surrounding area. In order to achieve these aims t4ultieultural Richmond IMCRI organLses the following rnain areas of work in furtheraDce OE its public benefit dL)tles: Community Cohesion event5 Support Gr￿uP services, case work and English for Speakers of Othe Lanwages IESOLI classes Hate Crirne services and awarene88 sessions The Trustees consider that the activities undertaken, offered at no or ininal cost provide benefit to the public and conf irm that In exeEC" sing their power8 and duties, they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Connissioi and have cc]nplied with their dutie5 under Section 17 of the Charities Act 2011. The fru5tees consider that the Charity is beir.g mana¢Jed effectively given the leve_ of grant incorne and Ehe overaLI economic clirnate. The Trustees are actively monitoring the current financial situation and are us.ng all their endeavour8 to obtain additional funding for the f uture. The Irustees vety much appreciate the Cooperation and dedication of the staff the period's achievements, which have included: the corktinued expansion of the Multicultural. Social Clubs and exercise classes. the development of a community Flental Health service for raclalised and disadvantaged comfflunities in Richmond Borough and the surrounding area. Heathfield and Ham a Hate Crirne and DO￿eStI¢ Abuse Event social support for both Ukrainian refugees and Hong Kong BrltiBh National Overseas citizens ort of the Trustees for the Year Ended 31 March 2025 Icontd. I addltlonal ESOL classes in Ham attendance at statutory Council, Safer Neighbourh¢)od Board Violence Agalnst Women & Girl8 and Hate CruDe Forurn ]lleetings Durlng the period MnR reported overall sjrplus of £5,851. Total incorne recelvec Was £141,590 and total expenditure £135,739 The financial Statenents have beeTh prepaEed in accordance with the aceountlr.c policies set out in note I to ttr.e account8 and comply with the Charity's constitution and the ChaEltie5 Act 2011 and Accounting and Reporting by Charities: Statemer.t ot Recorntnended Practice applicabl8 to charit ie5 preparing their accounts accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland published 16 July 2014. Raserves Polley The Trustees have a reserves policy of targeting a ￿nIMuM of 6 Tronths cover at the year-end which is refLected in the position at that tLine. Thls covers the needs for workir.g capital to ensure continuity together -if ic pro j ects. with Eunding for 8pe- More detai15 of the use of our reserves can be found in AccoLmtiThg Note 11. ITh￿tll￿t Policy Ali short term operating funds are placed in a Barclays Bank current account arld longer term funds in a Barclays Bank Business Prernium account and a CAF deposit account. Risk Manag￿ant The eommlttee menbers have exarnined the major risks which the Charity faces ar.d seek to control these to mitlgate any impact that they may have on the Charity. Additionallyt we are keeping close watch on our finances and are actively applying for funding for future projects. The Charity Is a Charitable controlled by its constitutlon. Incorporated Organisation ICIOI and is The number of Trustees Illust not be less than three, but no more than 12. ort of the Trustees for the Year ETLded 31 March 2025 Icontd.) R•f•r•nee and AdrtUUBtration The following Trustees were in EK>8t during the period: John Az&h Jo Barret" Ico Chair frorn 2nd June 20241 Peter Burrows-srnith Dee Ha ji Kinberley Holgate (Until 28th June 20241 Geoff Pop6 Ico Chair rom 2nd June 20241 Duska RoBerJberg Krishan Sachdeva Paul Smith Shelia Smith Alan Flarren (Chair until 1st June 20241 Induction and Trai￿ng OE Trusta88 All Trustees meet with the Director and Staff and go on relevant training eourses appropriate to their role. Orgausaknon and D8cision-•akuw Stru¢ture of brR. The Trustees have regular meetlngs of their Executive Committee, usually at six-week- y incervaLs. There are also sub-cownittees dealing with finanee and strategic planning as appropriate. Regi8t•rÈd CoLyny nuTrber CE017098 (England ar_d Wales) Regi8terea Charity nu*ber 1182858 Règi8ter•d o£f*ce ILla Kneller Road Twickenhato Middlesex TW2 7DT Barclays Bark plc 8 George Street Richrnond upor. Tharnes Surrey TW9 IJU Independont Exatyliner Masood Shahid ACA FC-A KANP Chartered Accountant Falcon House 257 Burlington Road New Malden Surrey ter3 4NE Re ort of the Trustees for the Year Knoed 31 March 2025 Icontd. I stat￿￿￿t as to di8clo¥ur• 0£ zn£oxAatAon to th• Indyndent In so far as the Trustees are aware: there is no relevant audit infontwtion of which the Charity's Independent Exanir.er is unaware." and the Trustees have taken all steps that they ouqht to have taken to rnake theTrselves aware of any relevant aJdit inforrnation and to establish that the Independent Examir.er is aware of that infon￿at., on. Statament of Tru8t88B l R•spon$xbxliti•8 The Trustees are responsible for preparing the report and accounts in accordanee with applicable law and regulations. Charity law require5 th8 Trustees to prepare accounts for each financial Period. Under that Law the Trustee8 have elected to prepare the accounts in accordance with United Kingdorn GeneralLy Accepted Accounting Practioe Iunited Kingdom Accounting standards and applicab- e lawl Under charity law the Tru8tees rnU5t ot approve the accounts unless they are satisfied that they give a true and fair view of the state of af-airs of the Charity and of the surplus or deficit of the Charity for that period. In preparing these account8. the Trustee8 are required to: select suitable accounting policies and then apply then consL5tentlyi make judgements and estiTllates that are teasonable and prudent; prepare the accounts on the going concern bas18 unless it 18 inappropriate to presume that the chaEity will continue in business The Trustees are responsible £or keepiThg adequate accounting Eecords that are sufficient to show and explain the Charity's transactions and disclosè with reasonable accuracy at any tillLe the Lliiancial position of the Charity and enable them to ensure that the account5 cO￿pIY with the Charity SORE 2015. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detÈctiDn of fraud and other irregularities . On behalf of the Trustees Trustee Tru8tee Geof£ Ptype Date: 17th December 2025 Inde endent Exarniner, s Re Multxcultural RichThond rt to the Trustees of Independ￿t examinet's report to the ttU8taès of Multz¢Jultural ￿¢￿￿ond I lthè Company, ) report to the charity trustees on my examinatlon of the accounts of thè Company for the Year ended 31 March 2025. Re8ponsibilitx•s and ba81$ 0£ report As the charity's trustees of the Cowany land a150 Lts directors for the purp05e5 of oornpany lawl you are responsible for the preparation of the accounts in accordance with the requi-ements of the Companies Act 2006 1.the 2006 Art, I Having satisfied rnyself that the accounts of the Cornpany are not required to be audited under Part 16 of the 2006 Aet and are eliqible exarnination f or independent I report in respect OE rny examination of your charity's accounts as carried out uD.der Section 1£5 of the Charities Act 2011 lithe 2011 Act'l In carrying out my examinaiion I have follob4ed the Directions given by the Charity ComETrL3sion under section 145151 Ibl of the 2011 Act. Ind•p•ndont eXa￿n9r, 8 stat￿¢￿t I have completed my examination. I confirn that no matter5 have come to rny attention in connection with the eXaE￿nation giving rne cause to believe: accounting records were not kept in respect of the Company as required by 8ection 386 of the 2006 ACL, or the accounts do not accord with those records.. or the accounts do not comply with the accounting requirements of sectiOTL 396 of the 2006 Act Gther than any requirement that the aceounts give a true and fair vLew which is nol a roatter considered as part of an independent 8xaIuLnation or the accoJnts have nol been prepared in accordance with the rnethods and principles of ttr.e Statement of Recommenaed Practice for accounting and reporting by charities lapplicable to charities preparing their accounts Ln accordance with the Financial Reporting StandaEd applicable in the UK and Republic of lEeland IFRS 1021 }. I have no concerns and have coroe aeross no other matters in connection with the exarniTration to which attention snould be drawn in this report in order to enable proper understanding of the aCCo￿lLS to be reached. JAS(K> Chart con ID 3¥CA ccountants Burlina New Ma Iden Surrey .?n Road KT3 4NE Date: MulticulturaL Richmond statemont of Financial ActivTr ties for the Yeckr Ended 31 bjarch 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restrlcted funds fund8 Notes Donatlons and legacies 70,206 71.042 L41,248 92,676 Jnv&strnent Income 342 342 211 Total 70,548 71,042 141,590 92,887 EXPEbDXTh C*4 Ralsing funds 12,346 12,346 9. 985 Charitabl• acknviknes Charitable actxvity Support costB 3. 550 4.115 110, 185 5, 543 113,735 9,658 88,070 9,210 otaL 20,011 115.728 135,739 lQ7,265 ￿CC￿l (EXPENDITtJRE 50.537 144,6861. 5,851 114,3781 ranB£st betwoen Fund8 144,6861 44, 686 5,851 5,851 114 3781 RRCONCILIA￿I0N OF FUNDS otal funds br¢ugbt forward 45,742 45,742 60,120 51, 593 51, 593 45, 742 MulticuLtural Richmond Balance Sheet 31 Varch 2025 31.3.25 Total funds 31.3.24 otal funds Notes CURBtsNT ASSETS Debtors Cash at bank and in hand 1,738 128.275 4,219 49,930 130, 013 54,149 CREJ)ITOP 3kniounts Year falling due withln one 178,4201 18, 4071 Ct7RRENT ASSET8/ (LIABIL1￿IE8j 51,593 45, 742 TOTAL ASSETS LE88 CURRENT LL4BILITIKS 51,593 45,742 NET A88ZT8 51,593 45,742 Unrestricted funds Restrlcted funds 98,109 146,5161 92,258 146,5161 OTAL FfJND8 51, 593 45,742 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the Year ended 31 March 2025. The members have JEOt required tho company to obtain an audlt of its financial statements for the Year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for 8nsuring that the charitable company keeps accounting records that comply with S8ctior.*7 386 and 387 of the Corpanies Act 2006 and Ibl preparing fir_ancial 8tatements which give a true and fair view of the state of affairs of the charitable CODyany as at the end of each financial Year and of -.ts surplu8 or deficit for each financial Year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the oropanies Act 2006 relating to f inancial statements, so far as applicable to the charitable company. These financial statenents havÈ been prepared in accordance with the provisions applicable lo chaiitable co￿panIeS subject to the stnall companies, reg￿e. he flnancial stateTherLts were approved by the Board of Trustees and authorised for issue gn its behalf by: 17th cle￿Mber 2025 and were signed on Trustee Pago7 Multicultural Richmond Notes to the Financlal Statements Cor the Year Ended 3-. Narch 2025 ACCOt)NTING POLICIE8 Basis 0£ prapating the f inancial Btatarn￿ts The financial statenents of the charitable cornpanyj which 13 a publi bonefit entity under FRS 102, have been preFared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities: Statement of RecoErllnended Practice app_&cable to charit-es preparing their accounts In accordance with the Financial Reporting Standard applicable the UK and Republic of Ireland (FRO 1021 (effective l January 2D191 Financial Report￿n￿ Standard 102 'The Finaneial Reportlng Standard appLieable in the UK and Republic of Ireland, and the Companies Act 2006. The financxal staternents have been prepared under the historical cost conventLOn. ncon• All incorne is recognised in the Statement of Financial ActlVLties once the charity has entLtlernent to the funds, it is probable that the income will be rocèived and the amount can be mea8ured reliably. Expenditura Liabilities are recognL5ed as expenditure a8 soon as there Is a logal or const-uctive obligat'on cottumtting the charity to that expenditure, it Is probable that transf er of econotnic benefits will be required in settlement and the a]DOUnt of the obligation can be rneasured reliably. Expendlture is aooounted for on an accruals basis and has been classified under F.eadings that aggregate all cost related to the category. Where costs cannot be direct'.y atEtibuted to particular headlngs they have been allocated to actlvities ork a basis con518tent with the use ot Ee50urces. axation The charity is exernpt frollL corporation tax on its charitable actlvitles. Fund accounting Unrestricted fund5 can be used in accordance with the charitable obj8Ctiv&s at the discretion of the tru8tee8. Restriat6d funds Can only be used Eor particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restTlCted purposes. Further explanation 0£ the nature and purpose of each fund 18 included in the no-es to the financial statements. Yoar Ended Year Ended 31.3.25 31.3.24 Deposit account interest 342 211 TRUSIEES I REl4￿RATiC￿l ATrlD BENKFIYS There were no trustees remuneration or other berhefits for the Year ended 31 Djarch 2025 nor for the Period ended 31 March 2024. TrusteeB' There were no t-ustees, expenses paid for the Year ended 31 Match 2025 nor for the Period ended 31 March 2024. Multicultural Richmond Notes to the Pinancial Staternents for the Year Er.ded 31 March 2025 continued Unrestricted Restricted TotaL funds funds funds Do.iations and legacies 70,206 71,042 141,248 Investment income 342 342 Total 70,548 71,042 141,590 EXPENDITURE I Raislng funds 12,346 12,346 Charxtable actIv￿￿e¥ char￿table activity Support costs 3, 550 4,115 110, 185 5, 543 113, 735 9, 658 otsl 20,011 115. 728 135,739 IKXPEY4DITh) 50,537 144, 6861 5, 851 ransf•rB batween fund8 144,6861 44,686 Nat JnoveL8nt In fund8 5.851 5,851 RECONCILThTfoN OF FLINDS otai eunds brought foThard 45,742 45, 742 51,593 51.593 DEBTORS: Abl(XJNTS FALLING DUE WITHIN ONK YEAR 31.3.25 31.3.24 PrepaY￿ent8 and accrued income 1,738 1,219 1,738 4,219 PW9 Multicultural Richmond Notes to the Financial state￿ents for the Year Ended 3- Marc.1 2025 continued 31.3.25 31.3.24 ccruals and deferred income Accrued expenses 77,520 900 7, 507 900 78,420 8,407 Net movement in funds At 31.3.25 At 1.4.24 Unr•$tricted fwkd8 General fund Desig.iated 153, 464 49,373 50, 537 204,OQI 49,373 202,837 50.537 253,374 Restsictad funds Restricted 1157,0951 144, 6661 1201,7811 45,742 5,851 51,593 Net rnovement In funds. included in the above are as folLows: Incorning resource5 Resources expended Movement in funds Unr•stricted £wid8 Ger.eral f und 4Q,300 10, 237 50,537 Rastrictgd £urAds Restricted 154,6781 9,992 144,6861 TOTAL FtJtlDS 114,3781 20,229 5. 851 ComparatlV88 for wov•w&t in £unds Net movement in funrjs Transf ers between f unds At 1.04.23 At 31.3.24 Unr•8tricted fund8 GeieEa I fund Designated 10,747 49,373 40,300 154. 6781 13. 6311 49,373 60, 120 40,300 154,6781 45, 742 Rèstrioted fundB Restricted 154,678) 54,676 60. 120 114,3781 45.742 p•go iL¥ ``` Multicultural Richmond ``` ## `Notes to the Financial Statements - continued` ``` for the Year Ended 31 March 2025 ``` ``` Comparative net movement in funds, included in the above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`35,618`|`4,682`|`40,300`| |**`Restricted funds`**|||| |`Restricted`|`(46,517)`|`(8,161)`|`(54,678)`| |**`TOTAL FUNDS`**|`(10,899)`|`(3,479)`|`(14,378)`| ## **`8. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the Year ended 31 March 2025. ``` ## 9. **`GRANTS RECEIVED`** ``` Grants received and chargeable for the 12 months to March 2025 amounted to £132,994,of which £71,042 were restricted and £61,952 were unrestricted and were received from: ``` |`Grants`
|`Restricted`|`Unrestricted`|`Unrestricted`| |---|---|---|---| ||`£`|`£`|| |`Hampton Fund`
|`7,000`||| |`Richmond Foundation`|`11,220`||| |`Barnes Workhouse Fund`
|`2,000`||| |`CILS contract - Age UK`||`52,486`|| |`National Lottery`
|`9,900`||| |`Garfield Weston`||`9,166`|| |`SWL&STG Mental Health`
|`8,500`||| |`Drug and Alcohol Project`|`5,000`||| |`City Bridge Trust`
|`15,625`||| |`Richmond Council Refugee Support`|||`300`| |`Full of Life Fair`|`250`||| |`Hong Kong GLA`
|`7,197`||| |`Safer Neighbourhood Board`|`2,000`||| |`Contra Entries`|`850`||| |`Kingston Race and Equalities Council`|`1,500`||| |**Total**
|**71,042**|**61,952**|| ``` Page 11 ``` Multicultural Richmond Detailed Statement of Fir.ar.cial Activities for the Year Ended 31 Marc.7 2025 Year Ended Year Ended 31.3.25 31.3.24 D¢nation8 and léga￿•5 Donations Grants 8,254 132, 994 5,700 B6,976 141,248 92, 676 nvestThent In(x>m& Deposit accoint interest 342 211 Total incoming r•8ourca¥ 141,590 92,887 EXPXNDITUR P￿BIng ¢aonation8 and lègaei•J Wages 12,346 9, 985 CharltabL• activi￿￿3 Wages Insurance Telephone Postage and statlonery staff travel Pro j ect C05ts Meeting5 Light and heat Training costs 61.408 1.094 2.217 3, 502 181 3B,286 1, 047 6, 000 49,664 988 1, 342 754 867 29,044 136 5,275 113,735 88,070 support oosts Managaent Salaries and NI Light and heat Telephone Postago and stationery Advertlsing Sundries Accountancy Bank chatges Computers Payroll 5.543 4.483 246 389 390 900 900 114 312 864 149 615 1, 973 900 142 864 9,658 9,210 Total rasouzces eXp￿dea 135, 739 107, 265 ￿co￿l (KXPEF4DITTJRE) 5,851 114,3781 PagB L2