2024-12-31-accounts

Trustees’ Annual Report for the period 1 January 2024 to 31 December 2024

1. Objectives and Activities

Black Heritage Fund’s Purpose and the Relevance of its Activities to such Purpose:

The vision that shapes the annual activities of Black Heritage Fund (BHF) is the promotion of equality and diversity for the public benefit by the elimination of discrimination on the grounds of race by any means charitable, including by making grants to charities, charitable institutions, charitable purposes or organisations as the trustees select and think fit.

In shaping BHF’s objectives for the year and planning its activities, the trustees have considered and had regard to the Charity Commission’s guidance on public benefit. The BHF trustees consider that they have taken such guidance into account when making decisions during the period identified at the top of this report ( the “Period” ) in relation to selecting and supporting nominated organisations, such that the purpose as detailed above continues to be for the ‘public benefit’ within the meaning of the Charities Act 2011.

2. Achievements and Performance

BHF continued its operational activities during the year and carried out research to identify and meet with new potential beneficiaries in line with its objectives. The trustees also worked with The African Pot Project (TAP) to identify an appropriate project for the restricted Gift Aid fund. BHF continued to monitor ongoing commitments and ensure good governance of its operations.

3. Financial Review

BHF did not undertake fundraising activity over the Period. As such, no receipts were recorded.

BHF made a grant payment of £1,121 to the beneficiary TAP. This amount arose from Gift Aid attributable to fundraising activity in the reporting period ending 31/12/2021 and was received in the reporting period ending 31/12/2023. The Gift Aid was held in a restricted fund and carried forward to the current reporting period.

The remaining payments for the Period totalled £468 in operational costs. Operational costs include website and payment digital infrastructure subscription fees, maintaining a postal address and insurance.

4. Structure, Governance and Management

BHF is a CIO, and its governing document is a CIO constitution. BHF’s trustee selection methods are as follows: except for the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

5. Reference and Administrative details

Charity Name : Black Heritage Fund Registered Charity Number : 1194332

Charity’s principal address : 71 to 75 Shelton Street, Covent Garden, London, WC2H 9JQ

Names of the trustees who manage the Charity:

Trustee name	Dates acted	Office if any	Name of person (or body) entitled to appoint trustee (if any)
Rosanna Barry	Whole year	Chair	N/A
Leonie Campbell-King	Whole year	N/A	N/A
Tanisha Onyenaoha	Whole year	N/A	N/A
Daniel Stone	Whole year	N/A	N/A

6. Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees:

Full name Rosanna Barry Tanisha Onyenaoha Position Chair Trustee Date of approval 28 October 2025 28 October 2025

Receipts and Payments Accounts Black Heritage Fund (1194332)

For the period 1 January 2024 to 31 December 2024

Section A Receipts and Payments

	Unrestricted	Restricted	Restricted	Total	Last
	funds	funds		funds	year
	to the	to the		to the nearest £	to the nearest £
	nearest £	nearest £
Receipts
Donations	-		-	-	4,227
Total Receipts	-		-	-	4,227
Payments
Grants to beneficiary	-	1,121		1,121	6,400
Administrative costs	254		-	254	87
Insurance	214		-	214	213
Fundraiser costs	-		-	-	623
Payment fees on	-		-	-	38
donations
Total Payments	468	1,121		1,589	7,361
Net of	(468)	(1,121)		(1,589)	(3,134)
receipts/(payments)
Cash funds last	5,031	1,121		6,152
year end
Cash funds this	4,563		-	4,563	6,152
year end

Section B

Statement of assets and liabilities at the end of the period

	Unrestricted funds	Restricted funds	Total
	to the nearest £	to the nearest £	funds
			to the
			nearest £
Cash funds
Total cash funds	4,563	-	4,563

Notes to the accounts:

1. These accounts are prepared on a receipts and payments basis.

2. The CIO has two funds: an unrestricted general fund and a beneficiary specific restricted fund. All donations received in the Period were unrestricted. Gift aid received in the period was restricted.

3. The CIO has no outstanding guarantees to third parties nor any debts secured on the assets of the CIO.

4. No remuneration was paid to any trustee, nor were there any personal expenses paid during this period.

5. ‘Administrative costs’ cover the costs of maintaining a website, registered postal address and email account.

Signed on behalf of the charity’s trustees:

Full name	Rosanna Barry	Leonie Campbell-King
Position	Chair	Trustee
Date of approval	28 October 2025	28 October 2025