Amended Draft Accounts Charlty ragl&tratlon numbor 1193790 YORK RACIAL EQUALITY NETWORK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Amended Draft Accounls YORK RACIAL EQUALITY NETWORK CONTENTS Pag& Legal and adminislrative information Ttustee5' report St3lementof trusl095' resFw51bilrt￿S Indepetvjpnl ￿mina¢S report St¥tem8nl of financial octi￿lIeS statement of flnancSal posthr Nolesto finandal st8tements 8-14 Amended Draft Aco)unts YORK RACIAL EQUALITY NETWORK LEGAL AND ADMINISTRATIVE INFORMATION F Rlng M Voma L Mayer G Helliwell O Madoum P Baumpoulis N Saltn-112signed dtsring Ihg ygBrl R m￿lenger Chadty number 1193790 Company number CE026080 Ind&p8ndent axaminer Fr8nCts Howard FCA Fortus ￿mited BU￿ne$S Advisors and AcctyJn&nis Equinox Hous8 Clilton Part Shpton Road Y￿k Y030 SPA Bankers The Cwper8lNe Bank 1 Balloon Str¢¢l M8nf*8Ster M60 4EP Amended Draft AcGounts YORK RACIAL EQUALITY NETWORK TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The hw5tees present their¥Trnual report 8nd financial st81emenls forthe year eThled 31 Marth 2024. Thg fin8ndal st81emen15 havB pr8par8d in a¢cord8n¢e wllh the 8ccotsnlng pollcles set out in note 1 to the financ￿1 stsleThenls and comply wilh Ihe charit￿S governin9 doGumenl. the Charilies Acl 2011 aDd "Accounting and Rep(xting by Charilies.. Stalernenl of Reumrriended Pracuca 8ppllcab16 to charities preparing ￿1r accwnts in accordance with the Financial Rep(Ybng Stsndard appli¢atle In Ihe UKand RepuUl¢ ofir818nd published In oJober2019". T￿19931 adminislr8tsva Informallon pagg forms partof this reporL Obl•ctlvg$ ontl o¢tlvltle$ princlpal objects and 3GlivibBB of the charity are.. Tho promotion of ra¢kql h8miony for the public benefft in York and th& surrounding area Ilhe arga of bsnefitl by'.- al working lowards the dlmlnation of disCrtMln8fjon on the grourxlg of r8(%'. bl promtino kn¢A￿edgtr, mutual urKJÈtstandino 8nd GO(￿ reL8ibns beknen drfferanl racial groups.. cl providing independenl infomia1￿n. advice and notFfinanoal $&pport 10 iDdlvlduals who are exporbndng raGial harassment. ¥￿IlMI$allOn. disuimin8bon or Isolation., dl promotiry awareness of the needs of M￿o￿ty ethn￿ people ￿ th8 are8 of ben8fi1 by devèloping link8 v￿th 8ppropriate vduntary, slatulory agencRs and by encouraging a mulli4gency 8pproach. The InJ51ees confirrn that they have refetred lo the guNJance contained in the Charity Commis8ionar'$ genèral ouidanca on publ￿ b￿efi1 when reviewng the rharty's 4im5 and objecbves and in planning future activities. A¢hiev•m8nts and porfomiartc• YREN has continued lo opprale, rn￿1 its commitTneTrts and run ils 8cUvtties. YREN remains ¢ommNi8d to maintaining its Core work i tgrrns of pr0v1db￿g Independent, Impartial information and supwrt lo individua15 who are eXPe￿￿￿rAng raual harassment, drscrimnation and socwl Isolation by meeting lis Staled objecb"ve5 *thi¢h ar8 noted abov$. Financlal reviow D￿ring the year IT￿Orr￿ received w85 £15 61712023 £20,518) dnd expprmliturewas £30,26212023 £34,196>. Th15 resuhed in 8 defiryt of £14,fj4512023 £13.6811 lor Iho Pefiod. The analysis of nei a$$ots b8N¥Èen funds nots 10 finandal statements shows th6 a88elsand Iiabilllles attributabb to th8var￿U8funds bylype. The furKJ Dote5 desoribe the warfDU5 fund5 ofihe othartty arKI 6umm2ri8é$ thg year's movomÈnton oad) fund. Reserves poIIcy Our r8sèrves pollcy. in line g￿1 financkgl prscIl(￿. its lo m81nt￿n 8 mlnimum res8N8 of 8ix monihs runnlng ￿sts In of Eudden Ios5 01 InLY>rne or planned. managed c105ure of the Organwl￿n. Rlsk manapment The truslpes have assessed Ihe tnajor risk5 lo whth the charity is ayp05ed, 8tKJ are Satisfied that syslwns are in p18Cè to rnitigal2 exposure lo the major risks. Slru¢tur8. wvern4n¢e and managemont The charty is a Charitable Inco￿orated organi5alK)n registered 12 March 2021. The InJstees' report was 8pproved by Ihe eoard ol Trustees. Trusi8e Amended Draft Accounts YORK RACIAL EQUALITY NETWORK STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 Th& trustees for preparhg the Trustees, Report and Ihe flnanclal stsieffÈnis In accordancÈ w￿1 appll(èbb law and Untted KifjgdonAccountsng Standards IUnRèd Klngdom Gpnerally AcTrpledAccountiDg Pr8ckncel. T￿ law applic8ble lo ch8ri1588 In England and Wa￿8 requires thè trusts8B tD prèpare finanryel 51alements for each financkql y8ar vthich give 8 bue la￿ w8w ofthe stale of alfairs of Ihe charity and ￿ the incomtiw r￿OurceS 8nd 8pplicalion of re$oJrtès of the cherty f that ye8r. In preparirKJ the88 financkil slalements. the Iw?lee5 aE required to= - seK8Ct Yurta￿a accounting PDlicies and then apply Ihern con$lstenlty,' - observe Ihe methods and princip￿ in the Char&tie5 SORP.. - rnakÈjud9prnpnls an¢J 8stimal&s that are reasonabio and ptudenl., - slats whethar applicablg a(wuntsng stsndarts have beon lolowed, Subject lo any matsril d$par￿r&S dls¢lo$8d and explained in the financial stal@menls', and prepar8 the finBntyal 5ts1emenls on the going con*rn b88is unlèss il L% inapprnpriate to pre5urne that the charily will continue in oper8tion. Th8 trustees are ￿spOnsible keeping suffioent accounting records Ihal dSscknse wilh reasonable accuracy ai any lime tho fina￿ position of the charity and enatqe U)em lo ensure that the statements cotnply wli h the Ch8rlli95 Art 2011. the Charity IA¢xwnls and Reportsl Regulation5 2008 and the provisions of the Irusl d8ed. Th&y 8re also resptsnsiblg for safeguarding the 958915 of the charfly and he￿0 for taking reasonabl& stsps for the prsvsntlon and detecbon of fraud Vlh0rirregulariUes. The trustees are respon￿￿48 forlhe malnlanance and Iniegrty of the Charity and Infomalion included on the Char￿￿S w8bsittr. Legislation inthe Unrted Kingdom goveming the preparatiw and disseminabon olfinanciJ st8iemenls may dlfferfrom leglslaiK)n in other 1ud8dicl￿rts. Amended Draft AGGounts YORK RACIAL EQUALITY NETWORK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YORK RACIAL EQUALITY NETWORK l TepDrf ID the fru5tees on my examinaliDll of Ihe finan(xal slatements of York Racial Equality Net4vork Ilhe rharityl for yEar ended 81 March 2024. Respon5iblllties and bas15 of teport As the IrJsi&es of Ihe charfty you are responslble for the preparalbn of the flnantial sts18ments Sn attorfance wth the requirements or lh¥ ChaiibesAct 2011 Ilhe 2011 Act). I rgwrt tn rgspectof rny 8¥amlnab"on of thg charity's financial 5ts1em9nls Calri￿ out under $9cVon 145 of the 2011 ACL In catyTrJ tyji my axaminalion I h8ve followed all the applicablF Dir2ctioTrs given by Ihè Charity CoMmis￿On undor se¢tbn 14515llbl of the 2011 kn1. Independontexomlngr's $tstem¢nt I h&vè Lomplets(t ffly examination. l ttjnfirm that rK) mattèrs hav8 comt to my Allantion In (x)nnèthon ￿th the txaminaiion gwing rr ¢ause 10 bélk¥vè that N any Fnaierial rÈ$ped". countiNJ rec(Kds were not kept in reÈp&Gtof the chanty as required by stction 130 of 2011 Ad., or the finantyal staitm8nl$ do not aCc￿d vAlh Ihose records.. er the finanual statements do not cornpty wilh Ihe applirANe requirernenb MrrLrTring Ihe forn? and content of accounts sel rjul in the Charities IAccounts and RepDrLsl Regulalons 20D8 other than any requirefflenl Ihal Ihe arxounts give a true and fair vlow is not a matter considerad as p8rt of an ind6p8ndenl exarnlnalD)n. I havè ￿ ts)ncem8 8nd have com8 across no othor mattars n canrTrèctiDn wth thè AxamlnalKin to whlch attenb¢￿ should bg drawn in this report In 0￿￿r lo anable a pryr undetstandin9 orthe ffn8ncial st81eff*nls lo be f￿h￿d. Fr4nces Howavd FCA ForbJs Limited BusinessAd￿sOrs and Accounlanls Equinox House Cliftor* Park Shipton Road York Y030 SPA Dated........................... Amended Draft Accounts YORK RACIAL EQUALITY NETWORK STATEMENT OF FINANCiALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 CURRENT FINANCIAL YEAR Unrestricthd Unrostrlcied fund8 ftjnds 92neral dt5ignated 2024 R*6trl¢tsd funds Total T*xal 2024 2024 2024 2023 Not25 Income Donations and legatses Olher Iradlng a￿l￿ti8$ Inveslrn&nts Okner Ir¢come 954 545 too 14,￿0 14,954 545 100 20,414 16 26 18 18 Totsl Income 1,617 14.000 15,617 20.515 Expendltuvè Charitable activities 6,058 24.204 30262 34.196 Not 0x￿ndIt￿re befor9 tran$fgrs 14.4411 110.2D41 114,6451 113.6811 Gr05y tsr￿fe1￿ be￿88n fJJnds 1.800 11,8001 N8t movement In fund5 12.6411 I1.8￿) 110.2041 114,6451 113.6811 Fund b81an¢8s ai 1 April 2023 4.206 10,204 22,410 36.091 Fund balances at 31 March 2024 1,565 6,200 7,765 22,410 The st8tsmenl ol financial acb"YthaS includes all gains and losses re￿gr￿sad in the yèar. JI Income and ￿penditUTe derpie from conliNmg ectivthes of tho charity after transfer of 8886ts ol the unlncorwr818d charity on 1 April 2021. Amended Draft Accounts YORK RACIAL EQUALITY NETWORK STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED INCLLIDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 PRIOR FINANCIAL YEAR UThrostrlthd Un￿¢￿¢t¢d R•8Mcled Total funds funds hjnds 9on&ral 2023 2023 2023 2023 Not25 Incorng Donations and legatses Inve51mgnls Other income 19,Y80 20,474 16 25 Totsl Income 735 19.780 20.515 Expenditure Chadiable activillts 315 33.881 34,196 N•t8x￿nd1t￿r0 fortho ye•rbeloro trat)8f8r8 Gross tronsf8rs between fund5 420 113.6811 Not movement In fund8 420 113,6811 Fund b81ances 8t 1 Aprf 2022 3,786 8.000 24.305 36,091 Fund bolances at 31 March 2023 4,206 8.000 10.204 22.410 Amended Draft Accounts YORK RACIAL EQUALITY NETWORK STATEMENT OF FINAMCIAL POSITION ASAT31 MARCH 2024 2024 2023 Nof88 Flxod assets Tanglble ¥sset8 12 576 Current 8888ts Debtors Cash at b8nk aNJ in hand 13 195 179 22.34S 8,341 22.524 I6￿) ¢rortitor8'. amounts 1o11ing due within one year 14 17111 Nel current hssels 7.765 21.834 Total a&s•ls1gss current Ilabllftles 7.765 22.410 In¢ome lund$ Reslricled fund5 resiricied funds 15 10.204 DesSgnaled funds General unf8sthci8d (und5 16 6.200 1,565 8.000 4.206 7.765 12,206 7,765 22,410 The financial statemEnis apprr>vfjd by the Trus￿8$ on. Tru8te8 Amended Draft Accounts YORK RACIAL EQUALITY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 AGcounting polkies Chadty InforMa￿On York R￿1*$ Equalty Nets¥ork Is a Cha￿1a￿e Inc(Myor8ted OrganisalK)n regY6tered lh& Gharty c(xnrrriS5￿n for England and Wa195. JI assets of the uninwrporatsd th2dly were liartsferred intothe CIO on 1 April 2021. A¢countlng ¢omtentlon The financial slalernents have be8n prep8r8d in 8c¢(rfd8nce vlih the charivg governing doBument, Ihg cha￿￿E5 Act 2D11 an¢ "Accountsng Reporhng by Charib85.' Statsmeni of Recommendgd Pracisco appIl￿ble lo chgnties their accounts In 8ccord8ntt wlih the Financial Reporting Standard applitAblè in thè UK and RepJblSc of Ir9￿nd publSsh8d In October 2019'.The charty is 8 Public Benefit Eniiiy as defin￿ by FRS 102. The charity has taken advantage ofthe prD￿S￿n9 in the SORP c*8rities Aol lo prepaia a Stalgrnenl of Cash Flows. The fin8ncial statements have d8P£rted from Ihe chan1￿¥ (Accounls 8nd Rewrtsl Regu￿tionS 2￿8 only to èxtént requir&4 to pro¥￿e a true and f8ir view. This departure has involved following the Slalemenl of Recommended Pr3CtiGe for Bhanlies appiwng FRS 102 ralher than Ihe version of the siat8mtnl ol Recommended Praclice which is referred to in the Regulat￿nS bul wl4ch has since been wilhdrawn. The finanrial 51atemenis have wepared under Ihe hislorKal cost conventi￿. The prinGipal 8ccouMFng pol￿1￿$ adopted aTe sel out below. 1.2 GoiNJ Concern Al the lirne of approving Ihp financial s￿leMents. Ihe truste8s have a reasonatrAe expeclalK)n Ihal the charity h35 adequate resour¢$$ to coniinue ln operational exislgnc8 lor the fareseeaNe luiure. Thus Ihtr Irusl&es continue Io adopl the 90ing concem b8515 01 aceounling in prèpaftng th& financi81 s￿leM9n1S. 1.3 ¢harttable fiÈnd$ unresInc￿ fu￿$ are availatée for use 8lthe discretion of the trusteas In furtherance of their cha￿tr￿le (*)jecbve5. Designated fund5 are mDnies set aside bytr* tru¥te8sfor parUcuLgr pJrp05es. Reslricied funds are sublecl to specilic ¢on¢JIU￿5 by donor5 as lo hov4 Ihèy rnay be used. The purpos* and uses of the re5trTCted fund5 are set out in the ￿t•S to thè finarKial slalèmènts. 1A In¢om8 Income is recognised when Ihe charity 15 legally enblled 10 it aftÉr any ￿rfOrmanCe ¢￿dItionS have been met. the arnounts can be me8sureJ reliably. and probable that income ￿￿11 ￿ re¢eDlOd. Cash donailons 8re reco9nised on ￿ceIpt. Othèr donaban5 are recoynised orKe the Gharity has been notified of the dunètic¥), unles5 porfortnance ￿ndillonS reql￿re ￿leT￿l of the amount. 1.5 ExpBndiiure l eKpendfture is accounted on an accruab b8w$ and hfjs b&en cLas*fiéd undar headhgs that aggregate all costs reL8lad to 1.6 T¥n9lbl• flxed assots TangitAe fixed 86sets art iniitslly maawred ai Cost subsÉquenlly measured al cosl or valuation, nel of dEprec&?1￿￿ and any lfflpairmenl losses. Depreci81￿n Is recconl$8d so as lo off Ihe c95t ￿ waluation ofassots1£5s Iheir residual v8lu8s over thelr u5efvl lives on Iha foNowrvJ basès.. CoTTpulèts and owice equipment 3 years slratthl line Thè gain or loss arfslng on Iho disposal of an as*1 is delermlned as Ihp differéncé b&tw8en lh8 salo pr￿eedS and the catyn9 value of Ihe as5eL and is ￿￿gnised in the slat8mÈm of financial actwilies. Amended Draft AGcounts YORK RACIAL EQUALITY NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ouThtlng poll¢l68 Icontinuedl Cash and ¢a8h equ5val•ntg C35h and cash e4uiw81&nt8 indude rash in h8fKJ, depDsits held al rall ¥vilh banks, olher 5hort-lerm liquid ￿￿tmentS onginal malurflk%s of three month5 or les5. and bank overdrafts. 8ank overdrafts are shown within bo￿O￿1n95 In current Ilabllllas. 1.8 Loa¥è5 Rents15 payaNe under opemting ￿$6&, includiffj any lèast incènlives received, pre tharged an expgnse ￿ a 5tialghl Ilne basis ovér lerrn Dfthe relevanllgose. RentaL8 payabb undw DpBrabng leèses are charg8d lo th8 statem8ntof financlal acllvllies on a t1￿ b8￿5 overlh6 leasg term. Crwlcal 8ccountlng &Stlmat•8 and judgqrnènt$ In thè 4)pIrat￿rI of the thanty's accounting poli￿e8. Ihe tnjslees are required to mAke judgtments. estimates and 25svmpli￿5 )ul the ewrwng amount of 8ssÉls and INgbilit￿$ that are nol readily apparent from other 50ufGes. The eslimates and assoclalad assumptions are based (hi historical experience and other factors that are COn￿der6d lo be rel8vanl.Aciual resums may differ frorn Ihe5e e5bm&tes. The es￿mateS and und8rfyln9 assumptions are re￿eWed on an ongDing basis. Re*l￿onS lo accounling e51imale$ arg 1ocognl8ed In Ihe period in which the gslimale is revised wher& ihe revlslon 8ffects only that Period, er In the peritsj of the rèvision lulure periodswh6re th8 revlsion affects both eurr£nl arKI fulurB per￿d5. DonaUon$ and kg•eiè$ Unrè8trietsd Reslricted lund5 Total Unrestricted fynd5 goneral 2021 Restrl¢ted fvnds Total ftsr¥d3 goneral 2024 2024 2024 2023 2023 Donalbns aDd glfts Grants 954 694 694 19.780 14.000 14,000 19,780 14.000 14,954 694 19,780 20.474 DonatloTrs and 91ftg Sundry 954 954 694 954 954 694 694 Gra￿t3 Teceivable for core activitle$ PeOp￿S H8811h Trust Two Ridinys C¢¥mmunity BAYO 14.(M) 14.000 10.CW)O 2.LN)O 2.(K)O 10.ODO 2.￿0 2.wo Joseph Rowntr2è Found?ti 5.780 5,780 14.LYJO 14,000 19.780 19.780 Amended Drafl AccourTts YORK RACIAL EQUALITY NETWORK NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Olher tra¥lng a¢llvltlo5 Unwtri¢led fund$ general Total 2024 2Q23 Fundiaising e¥ents S45 Inve8bnenig Unrestricted Unrestri¢t¢d funds funds general g•nèral 2D24 2023 Inleresl rec8ivabl& 100 oth¢rln¢ome UnroStri¢tsd Unr88trt¢t8d funds fund$ geneTal 2023 gènèral 2024 OihBr incorne 18 25 10- Amended Draft Accounts YORK RACIAL EQUALITY NETWORK NOTES TO THE FINANCIAL STATEMENTS ICOfrfflNUED) FOR THE YEAR ENDED 31 AIARCH 2024 Charftabl• actl¥ltlès Charltable advitip¥ 2024 ¢h4ri18ble advltles 2023 Depreaatlon and imparrnenl Fraelance salafES Freelance and volunteor oxp8ns8s Tralnir 575 20,927 3.917 575 23,878 3.902 1,050 2,517 336 Renl. s6￿Ce ¢harge orté room hye TeWhone Insurance Subscr*)lion$ Aclivitlas 8nd events Adv8rtL%ln9 3,606 94 179 40 167 45 835 208 88 36 29,482 33.513 Shaf8 ofgovernanceeosts1508 note 81 683 30,262 34.196 Analysls byfund Unrestricted funds- ganaral Restricted funds 6,058 24,204 315 33.881 30.262 34,196 Support Costs 2024 Support costs 2023 GO￿rnan¢0 Costs 2024 Support ¢05ts Govomance Costs 2023 Indep8ndenl 8xamin£rs fee 800 800 683 600 800 683 693 Analysed beN¥e&n charil8b* aclivllfj8S 8C 683 TntStoqs Nonè of Ihp truytses lor p8r8on$ comected Iheml received 8ny reTr￿ner811on or benefrts from Ihe charity durin9 Ihé year or prewou5 year. 10 EMF1￿8$ There were no 8mpkJyè8$ during the period or wevKJtss P￿Dd. Amended Draft Accounts YORK RACIAL EQUALITY NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Taxa￿On Th8 charity is ex8mpi from tax on Srtome and gsins falling ￿thIn section 505 of the Taxe5 Act 1988 or seGlion 252 of the Tax8th?n of ChargeaNe GÈinsAci 1992 Iofhe @￿ent thai these are 8ppIKgd lo rfs charitable object5. 12 Tanglble Ilxod ass¢t$ Computers and offic• Aqulpmont Cost At f Atyil 2023 1,726 At 31 March 2024 1.726 Depr8¢latlon Al l Akyil 2023 Depr¢taatlon ¢hargÈd In th8 year 1,151 $75 At 31 March 2024 1,726 ¢arylng amount At 31 March 2023 576 Tanglble fixed assets cosung m￿e Ihan £5(M) gre 0￿￿taIlSed. Debtors 2D24 2023 AmrrtJntL4lalling due wrthin ono y8ar.' Prepayments end acNued inrome 195 179 14 Creditors: amounts falllng due wlthln one year 2024 2023 Accruak8 and deferred incomg 771 690 12- Amended Draft Accounts YORK RACIAL EQUALITY NETWORK NOTES TO ThE FIMANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 15 Rèstrlttod funds The Income funds or thè charity inclmle restricted funds wmprishg th8 lo1￿ng un8xpended baL8n¢*s of donalK)ns and grnnt5 hekl on Inislforspecific pu￿098& Movemtsnt in lunds Incomlng resourc•5 Balan¢e at 1 April 2023 Resources •xp•nthd Transfers Balance at 31 March 2024 Peopb's He8llh Trv8t Fu TRCF. Step Change BAYO Josèph Rountree 3,205 2,000 2,OOD 2,999 14.000 117.2051 12,0001 12,0001 12,9991 10,204 14,000 124,2041 klov8mettt Èrtfunds BHlan¢8 at 1 April 2022 tncoming resources R*$oureÈs exppndod Transfers Balance gt 31 March 2023 People's Healih Trust Fund TRCF_ Slep Ch8ro8 BAYO 12,000 12,305 10,000 2.000 2,OOD 5.780 118.7951 112.3051 3,205 2,000 2.000 2.999 Joseph Rounire& 12,7811 19.780 133,8811 10204 People's Health Trust Fund The new National Peoples. Heallh Trust Project, slarted in I4ay 2019 whlch embracès culiural diver8ily and richness through us8r- led events hès proved to a huge success with numbets exceedlng expectations. The uÈÈr-led evpnts are ary)ngst others aimed at reducing lonelin&ss and i8olaiK)n and prov￿]￿9 volunteers OPPDrtuTrifjes. prvjecl 8bo provides weekWoulr8ach seth5 and opportunlties for partn8rship work. BAYQ £2000 was r8Geived Irom BAYO lo help provide ev&nls forcommunities to come togethertD gain fri￿dshIpS and combat Isolatbn aso YFIEN in administration duties lo keep events and activities running. Josèph Rowrytree JRF provided funding to hélp YREN pmploy Spssional Wothers lo help in Ihg aid of prornoling cultural diversity and richftess through events and aEknvilies and 3150 be able lo Iske on Volunieets lo help in this 9￿)cesS and provide Ihem ￿ryth training and support 10 tArry oul their rdes. Wiu) tha fundiNJ wa wèrtr aL%o able to lake tnember5 on trip5. 7RCF- Step Challye The funding from TRCF will hdp YREN hold 8Clivitles ènd events lo briry rAxnmunities toyelherand comb81 Isokgb"on.11 ￿11 also enable YREN ID devekJp IraifiitwJ for Men￿￿9 and coathing se￿1￿5 and help wllh stsff costs to prthnotsYREN's work. 13. Amended Draft Accounts YORK RACIAL EQUALITY NETWORK NOTES TO THE FINANCIAL STATEMENT5 ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 16 Deslgnaled lun(Js Tha incfme funds of the charity include Iha folbwing I£￿gnated ltsnd5 which hgve been Sel gside out of unrestrthd funds by the trustees forspetific purposes. Balance Jt 1 April 2022 Tr¥n$f¢rs 88l•ntte at 1 April 2023 Tramfers 31 March 2024 R8sgrv8 fund 8,000 11,8001 6.200 8.000 8.000 6.2DO ThE fund was designaied for the charitys reserves policy which Is lo malnt8ln 8 mlnlmurn r6Éerv8 of six rfKJnths runnirKJ