REGISTERED COMPANY NUMBER= SC292009 (Scotlandl REGISTERED CHARITY NUMBER.. SC025038 R8POrt L>1 tho Trustees and Aud5ted Financial Statements for the Year Ended 31 March 2026 for Wost ol Scotland Rgylonal Equality Coun¢ll IA Company Llmltod by Guarantoo) rfWSREC West of Scotland Regional Equality Council West of Scotland Rtsglonal Equallty Councll Conlents of the Flnanclal StatemgntS for the Ytrar Ended 31 Mar¢h 2026 Page Rèference and Admlni$trativ8 Delalls Report Lif th8 Tru5tee3 Report of thg Indep&nd8nt Audltors 8 to 10 statement of Financial Actlvltles Balance Sheet 12 Cash Flow Statement 13 Notes to tho Cash Flow Statomgnt 14 Note5 to the Financlal Statements 15 10 24 West of Scotland Reglonal Equallty Councll Refer&n¢e and Admln15tratlvo Detalls for the Y8ar Ended 31 Mar¢h 2026 TRUSTEES S Razaq- Chair Iresigned 5.1.261 S Schlesingei- Chair A McTaggart- Trea5urg1 (resigned 25.11.251 N M Hanif- Treasurer lapFoinled 25.6.251 M Green - Vice Chalr VWK Chudy Hussain M 058i-Oppong OS Jandu Ireslgned 25.6.25} S Mukherjee JH Gill A Mirza (r8￿gNed 25.6.251 IA Malik Ir&signed 5.12.251 COMPANY SECRETARY S SchEe5i#ger REGISTERED OFFICE 201 Shuna Slreel Glasgow G20 9EY REGISTERED COMPANY NUMBER SC292009 (Scotlandl REGISTERED CHARITY NUMBER SC025038 AUDITORS M¢Lay, McAli51er & McGibbon LLP 145 St. Vlncenl Slreel Glasgow G2 5JF BANKERS Royal Bank of Scotland 339 Byr88 Road G18sgow G12 8QP Pag8 1 West of Scotland Regional Equallty Council Report of the Trustees for thg Year Ended 31 March 2020 The Trustees zre pleasgd lo pr8s8nt their report together with lh8 finanoal slatemenls of the charity for the year ended 31 March 2026. These linanclal stalemÈnls also lulfil Ihe reguirements foi a dlre¢tors' report and acwunts und&r the Comp8ni88 Act 2006. The flnandal st81ements hEve been prepared in a￿ordance wllh Ih? Charilles and Trustee Inveslrnenl (Scollandl Acl 2005, Ihe Charili8s Actounts (Scollandl Regulations 2CMX las amendedl, Ihe Cotnpanies A¢1 20(￿, the Memorandum and Articl88 of Association, and the Statement of Recommended Pracli¢e'. Accounting and R8POrting by Charities IFRS 1021, applicable lo charlties preparing their 8c¢ounls in accordanc8 with Ihe FinaTrcial Rep¥)rting Stan(5ard applicable in the UK aThJ Republic of Ireland. OBJECTIVES AND ACTIVITIES Objecllves ar¢d alms The charily's pftncipal objectives are.. 81 To work towards eliminatDn ol d15eriminallon In all its forms across the West of sco￿9nd. bl To reduc8 in&gualily and promDle a cullurt ol Equality, Inclu51on, and human rights. cl To f051er positive cotntnunity relations arrK>ng p8ople from all comrnunities living in the West of Scotland. l To provk$6 8ducalion and tr8inirvJ that $UPF￿8 the elirnination ol discriminallon in &ll ils forms. ACHIEVEMENTS AND PERFORMANCE Charltablp activities Glasgow Communlty Fund12023-20261 This C￿￿-lUad8d project has 5UPPOrted etnployabilily a[￿ advocacy 8@rvi¢es, gnabling Individuals from tninorily elhnit communities to access employrn&nt opporiunilies and mainstream servI￿s. The funding has also a5Sisled in securing malch fijnding for key progfafflmes addressing hèallh inequalities. food and fuel poverty. victim suppor( hate crime, and post-pandem recovery. The project has str8ngthened (x)mmunity participalion, irn5Kovod financial resilienre, and empowered locAI ￿sIdents across Glasgow. Mlnorlly Ethnlc Human Rlghts Project IMEHRPI1202S.20261 Funded through the Scollish GDvernrn8nl's Equalily and Human Righls Fund, MEHRP has fDcused on.. Challenging dlscrimlnalion and ingquallty through Individual and group 8UPPOrt. Providing welfare and housing advKe lo Central and Eastern Europ8an communit18S. Supporting employability atKI @du¢alional opportunitie5 Within Renfrewshire. Empowering minority elhniG wornen lo engsge in ¢ivic and communily lif8. Delfvering advocacy and wp11b￿n9 support lo individuals affected by food and fuel povwty. Mlnorlty Ethnlc Vlctlm Sknpport Servl¢e IMEVSSI12025-2027 Funded through the Victim Centred Approach Fund, MEVSS pfovloles tailored support to minorily ethnic victims ol Giirne. The project offers advice, advDc8¢y. sIgn￿SI1ng. and referrals whlleaddr&ssing barrierssu¢h a5 languagedifficulties, so¢lal lsolatlon. and rrpnlal h88lth Ihrough B holi8ti¢ and trauma-infortn?d approach. Pag9 2 West of Scotland Regional Equallty Councll Report of the Trustees lor the Ygar Ended 31 March 2026 Roots S¢otland12025-202BI Supported by Hlstoiic Environrn8nl Scotland. Ihls prole¢l conn8Cts minority elhnic cornrnunitie5 wllh Scolla￿'s heritage sector. Through community engagement, a￿a￿Tress.ral$lng acllvilies. and support In acce551ng funding opportunities, Ih? project celebrates S¢oland's diverse herilage and promoles grealer inclusion within the hefitage soctor. Mental Health and Wpllbelng Fund IApril 2025- De¢ember 2025 Funded through the GCVS Communily Mental HÈallh and Wellbeing Fund. this project supports asylum seekers and relug8es through menlal health awa￿ne$S workshops, Improved a¢ce$8 to SerV￿e5, and on8-loone 5UPPOrt addressing socral isolation, poverty, and Iiautna. Energy A(fvl¢e Project lJuty 2024- March 20261 Funded by Energy Action Scolland. this project ha5 SUPPOrted households lo better understand safe. offlclent, and affordab energy us8 through 3waieness sesslons and personalised advic8. Cllck and Ctsnne¢t INctv¢mbeT 2025- October 20261 Funded by The National Lollery Community Fund Scolland, this year-long Initiative prornote5 d￿lIa1 inclusion 8nd media1iter8cy among fflinoiily ethnic women. Activities inGlude digital skills training. confid8nc8 bullding. and ESOL support. Whole Community Fund (January 2025- March 20261 Supported by Irnpacl Funding Partn8rs, this project provided 8ducatK)ll31 famlSy aclivi1188 and pe8r support opporiuni116s wllhln Possilpark, helping to slrengthen cotntnunity Cohesion and encourage lifelong learning. Cha5 and Chatter In Maryhill (Commenced October 20251 This weekly oulrea¢h progr2mrn8 sUPPOrts minorlly elhnic wotnen who are residonts ol Maryhill Housing Assooalion. Activitie5 include ESOL ¢lasses, educalional opportunities, mental health and wellb9ing support. and so¢ial connection initiatives. 8rldye ¢0 Business IAprll 2025- March 20261 Funded through Glasgow City Council's Social Innovation Funrj, this proje¢t supported mlnority ethnic wo[￿rn interested in busin85S Start-up arKJ entrepr8n8urship. Activi￿e8 included training work$hops. one-ttrone support, 8nd referrals lo speclalist partner organisalion5. Rorjts and Thread5 (November 2025- October 20271 Funded through The NatDnal Loltery Community Fund. this proj8¢t aitns lo redu￿ povèrty and protnole climat8 action among dlsadvanlag8d comtnunilies. Activi1￿5 include cotnrnunily swap shop5, budget ClK)king se5skJns, sewing workshops, growing proj8cts. and iecydlng Initiallv9S. Roberlson Trust12024. 20261 The Robertson Tru51 provldgd unreslrictsd wre fundlng for one year. This support contributed IDwards ov8rhe8d costs. utility expenses, and salary shortfalls, helpiNJ to ensure organisational sustainabllity. Maklng a Key Difference WSREC'S strategic initiatives and targeted proje¢ls have continued to mak8 a S￿l￿1ficant Smpact a¢r085 minority ethnic comtnunltie5 in Glasgow and b&yond. 8y pla¢ing equality, inclusion. and empowerment at the ￿ntre of our work. we hav8 s￿PPOrted indlviduals and communitles f￿Ing ¢ompl8x social and ecommic challenges. 1. Increased A¢cess and Particip&lion Throuyh projects such as the Glasgow Communlty Fund and MEHRP, indfvlduals who w8ie previously dls8nga9pd Dr fflarginalls8d have gained accèss to essential 5ervio8. including ernployabllily support, financial assistance, and advocacy. Thls has led lo increased c￿rIdence, itnproved skn"Ils, and grea18r participation in ¢omrnunily and publi¢ life. 2. Empowormgnl Through Righls.Based Support Our advocacy and human rights prograrnffles have empowered Se￿￿e u5er5. particularly wornen, refugees. and newly arrived migrants, lo understand and gxerase their rights. Challenge di5crimlnalion, and engage mre aclively within Ih8ir communities. Page 3 W85t of Scotland Reglonal Equality Coun¢ll Report of th8 Trusfees for tho Year Ended 31 March 2026 3. Tackling Ineoualilies at Their Source By addressing slrucluial barrlers Ihiough inits'8tives focused on digital inclusion, financial literacy. housing, and healthcare access, WSREC ha$ helped create pathway5 out ol povsrty, r8duce soclal isolation, and strength&n cthmmunily resili8nc8. 4. ImpFoving Menlal Health and Wellbeing Projects funded through the M6nlal Health and Wellbeing Fund have provkl8d ¢ulluiBlly responslve 5UPPOrt lo indlvlduals expÈri&ntting rnental heallh chall8nges, including asylum seekers and refugees. Many partiopanls have rsported reduced isolation and greatgr confSdence in ac¢e5sing mainstream support services. 5. Slrengthetling Cultural B8lDn9ing and Social CohesiotTr Herilage-ft)¢used initiatives such as Roots Scotland have enabled minority ethnic communities to engage fully with Scotland's cultural land5cap&, fosl&ring a strongei sense of b81onging. prid8 In ￿eThI1ty, and community cohesion. 6. Providing Crisi5 Support and Recovery Our work supporting individu315 affecl8d by food arKI fu81 poverty. hate crirne. COVID-19 recovery challenges, and other forms of viclirnisalion th[0￿h prolects such as MEVSS has ensured that vulnerable individuals re￿1ve holistsc support in a s8fe and trusted gnvironment. 7. Bulldlng Sustainable anis Inclusive Futures Projects focused on gner9y awar8ness and digital Illeracy have equippgd indlviduals wlh the knowledge and skills requi￿d ID lead informed, 5UStainable, and conn8clgd livès whil8 contribulSng to Scotland s clirnate amblllons and digital inclusion ag8nda. FINANCIAL REVIEW Trpa5urerf8 Report AS Trea5urBr, l am pbased lo report another successful financially slab18 year for WSREC. D&spile ongoin9 ch8118nges and unc8rtainly a¢ros5 the ihird sector, VVSREC has remained commill8d lo dellvering high-quality, responsiv@ serviGe5 to the o)mmunilies wè serve. This would nDI have been possible without the continued support of our fundeis. p8rtners. and slak8holdeis. to whom we extend our &ncere gra14'tude. Forthe financial y8ar2025-2026. WSREC recorded an income 01£661,659, compared wlth £506,749 in the pre￿ouS year. Total eXpe￿ilUre for the year amounted to £621,883. compar6d with £557.380 in Ihe p￿viouS year. Our dedicated staff team has worked tirelessly to secure fundlng for priority areas Includiro employability, mental heallh aTh wellbping, and inilialive5 airned at reducing food and fknel pov8rty. Against a backdrop of rising pnergy costs and increasing operational expen5e5, 51aff have detnonstrated exreplional diligence in financial planning and budget tnanagement. ensuring the conllnued delivery of services wilhoul compromislng quality or impact. We are proud of Ihe ieatn s ongoing efforts to Secu￿ new fundiw opportunities and rtwinlain strong collaborativo relationship5 with funders atKI slraleglc partners in support of WSREC'S long-lerm obleclwes. As WSRECS annual in￿m? has on¢8 aoain exceed8d the £500,000 threshold, the organi5alion has undergon8 a f￿1 indepe￿ent financial audit. This r?Ilpcls the Continued growth, devebpfflenl, and maturity of the wani581ion. I would liko lo acknowl￿g￿ Ihp cornmltmènt of both thg Board and staff leatn in slr8nolhgning WSREC'S financial FK)sil1¢￿ an identifying new opw)rtunilies for 5USt8inable growth and devebptn8nt. Finally, I would Ilke to 8xpre$s my sincere thanks to 811 our funders for their conllnued trust and ¢(￿r￿enCe in WSREC'S 8bility lo dellver impaciful. Gornrnunity-fr*used s8rvices Ih31 rnakg a rneanlngful differ8n¢e to people's lives. Pag& 4 We$t ol S¢otland Reglonal Equality Councll Report ofthe Trustees for the Ye8r Ended 31 MaTch 2026 Prln¢lpal fundlng sources Aside f¥om in￿)Me generaled frorn tfftining provided lo olher organisat￿n$. the txin¢ipal funding sources for the charity are cuirenlly by way of grant with Ihp principal fvnders being the S¢otlish Governm8nl, National Lollery Heiilage Fund, Glasgow City Coun¢ll, Hlsloric Environment Swtland, Robertson Trust and a numbgr of olhei trust5 and agencies. Ro$grve$ pollcy The charity generated a Surplus 01 £39,776 for the year ended 31 March 202612025.. d8fKit of £50,6311. The charity's iesetves at 31 March 2026 stood al £136,4B312025'. £96,707). This cornpris8d unr851ricl8d res8rves of £139,938 12025.. £146.3711. 3 Pension reserve fund. whi¢h repres8nls lutUTe liatxllli8s, of -£50,00012025.' -£56,250) and reslrl¢led funds 01£46,54512025". E6.5861. 11 Is the policy of th& Board ofTruslees whereby the unre51rl¢ted ￿serVeS held by the Charity sk)uld &quale to around 3 months expenditure. At this level the director5 leel Ihal il would be able to continue the current aclivili8s of lh8 charity tor at least that perlod of timè in Ihe event of a s￿nIfIcant drop In fur￿lDg. Based on th8 accounts 10 31 March 2026 Ihg larg91 level of unre8lricled reserves is Ih8r8for8 around £155.471. Attei adjusting for the Pension Reserve Fund, the balance ol unr8slricted r8setV88 at 31 March 2026 is £139.938. The Trustees are aware that this fa115 slightly short of the target level of resorve8 but are broadly sat15fied that Ihe reserves policy is appropriate is being adhered lo. The Tiuslees and management continue to seek way5 01 ￿lIdIng unreslrf¢lgd res8rve8. Remuneratlon Policy Th8 chaiity'5 atrangem8nl lor pay Is decided by Ihe Board of Tru$l88s through ils Personnel and Finance Ctsmmltteos. Most ol the salary settings are in lino with Local Authority and tho Voluntary sector pay scales and annual awards are not aulomalic and will dBpènd on funding income for a particular project. Grant Maklng As an organisalion we do not have a granl maklng role. However. al times. this possible through diverse fundirvJ Streams and any grant tnaking eiileria is agreed wilh Iho project funder in aifvancg l.e. at applicalion stage. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng documènt The charily is incorporated a5 8 ccrtnp8ny lirniteis by guarantee. and is Controlled by tis arti¢18s of assccialion. This was la51 updaled on 25 August 2010. Recruitment and appointmpnt L>f new trustees OtganSsalions and Indlvlduals sympalheti¢ to th8 oblectives of the charity are admitted lo membership ol th9 charfty. The￿after a member is proposed and elections lake pla￿ to bEcome a metnber of the Board at AGM. Each rrpmb8r15 de¢led to se￿8 a lerm of thr88 y6ar5 after which helshe must be ie.ele¢led al Ihe next Annual General Meeting. To make 8ur8 a bal8nc8 of comtnunili85 and skllls are represented, the Board of Tws188s can cfropt slx rnernb8rs to the boaics. Organlsatlonal structure West of Scotland Regional Eouallty Counul h8s a board 018 Trustses who tnoet 5 litne5 a ye&r exdudlro the AGM and are resp)n5ible for the Strateg￿ direclh)n 8nd policy of th8 charity. Ascheme oldel8oalion is in placewilh the Chlef EXe¢￿tIVe Offi¢erGhzala Khan having day today responsibilllies forop8rational management of Ihe oryanisalion, individual supervision of the staff team and also ensuring the leam cwtinu8 to d8velop their skllls and worklng praclSc9s In Iln& with good pracllcg. Pag8 5 West of S¢otl8nd ReglLinal Equality Councll Reporl of the Trustees for the Year Ended 31 March 2026 Induction and tralning of ngw trustees Most boaid rn8rnb8rs are famillarwith the piaclic81 work ol the thar￿Y through their involverrEnt In the sector. Addilionally new board members hre provided with induction pack5 and Irainiro to cover the following.. Obltgatlons ol Iho Board Members Reciuitment and inlerview skllls Equality Act 2010 Legislauon - Govornanco training al annual'Away Da Key Management Personnel The 58nior management p2rsonn81 lo Wh￿ Ihe truslees delegate day lo day m￿39￿Ment ol th& Charity ar8.. Ghzala Khan- Chi8f Ex8culive OWicer Aneel Slngh 8hopal- Deputy Chief Ex8¢ullve Offlcer F8rrah Khan- Head of HR & Finance Rlsk management The Trustees have a risk fflanag8fflent strat￿Y whlch Compri￿.. An annual review of the princlpal risks and uncertainties that the charity laEes', Thè establi5hrnenl of policies, sy81ems and procedures lo miliga18 Ihos9 risks iElentifiBd in th8 annual review,. and Itnplemenlalion of thè piocedures design8d lo minlmise or manage any potential irnpacl on the charily should those risk mterialise Thi5 work has idenlified that finanoal su5t8inabilily is Ihe mapr financial risk for the charity. A key ele￿￿t ITr Ihe managemenl ol financial risk is a regular review tsl avaiL4ble liquid funds to seWe debls as Ih8y fall due and actNe tnatkagetn8nl gf trade debtors and creditors bal8nc85 to ensure sufficient working caprtal by the Charfty. A150 identified has been that the resetves of the Charity have in the past sal al 3 low level the￿lore il has begn ne¢essary lo ¢onsKlef how th8 r8serves arg to bo replaced andlor 8ctivilies changed. Thesè ar8 being addressed the following rnanner.. To make sure unnecessary acliviliès and costs aFe fflinitni5ed and to mako application for funding whkh will lake Into consid8ralion Ihe need lo incrEase the unr851rictgd reservo. Th8 cherily will identify 8nd m8ke appli¢alK)n lo fundeis by the end of first quarler and a558ss the situatlon before the end of th& third quarter lo Identify if it is n8c8ssary lo look at olher tsp1￿￿5 so that Ihese ¢ould be ifflplem8nted in the final quarter of th6 year. Allenlion has a150 besn Iocu58d on non-finanoal risks arising from Fir8 Ino access to the offic81 and loss ol Oala. These risks are m8nage(I by ensurlng that insuranc8 for business iThlQNup￿0n 15 in Pla￿ together with landlord responsibililies il no acce5S Is due to faclors beyond our control. Itl relation to bss of Data regular copies ar8 made and kept off PT&mls8S. A further added risk has been idenlified with a [￿W office leased with a full repairing and insuring iespon51tm.lil￿S. If a major parr was lo be identif￿d WSREC would not be aue lo afford such a repair. Th8 tisk is be￿rt9 managed by having minor repairs budget and also lo build up a 'major ￿PaIrS, budget over the ngxt 3 10 5 years and to have a reasonab￿ sized budget for this purpose only. Page 6 West of Scotland R8gional Eguallty Councll Report of the Trustees for th6 Y&ar Ended 31 March 2026 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Iruslees (who ale also the diieclors of Wesl ol ScDlland Re9ional Equality Council lor the purrKJses of eornpany lawl are responsib18 for preparing the RÈrort of the Trustees the financial 81atetnenls in accordanc8 with applicabl8 law and Unil8d Kln9dorn A¢¢ounling Standards (United Kingdom Generally Accopled Accounting Prac[￿e) including Financial Reporting Standard 102'Thg Financial Reptsrtlng Standard 8pplicabl8 in the UK and Republi¢ of Ireland" Company law requires the trustee8 lo prepare financial stalpmÈnls for each fiThancial year. Under that law, the trustees have elecled to prepar8 Ihe financhal slalements in awordance ￿1th United KI￿[k)In Ge￿8[allY Accepted Accounting Praclicp IUTriled Kingdom Accounling Standards and applicable lawl. Ur¥Jer company Iw the trustee5 tnU5t not approve thè financial slalernenls unless thpy ar8 Satisfied that they give a true and falr vlew of the slate of affairs of Ihe ¢harilable company and ol the incoming resources and applicatlon ol ￿$0￿rc8S, Including the and expendiluie, of the charltable cofflpany for that perlod. In preparing IIK)5e financlal slalèm8nls, the ttU5teps arg required lo select suitable accounting poIici8s and then apply them con￿St￿ndy., observe the methods and principfes in the Charities SORP; tnake judgements and @sti￿leS that are reason8bl8 and prudenl., slate whtrther applicable accounting standards have been fcllowed, subJ8ct to any tnalèrial dgpartures disc105ed atKI explained in th8 financial Slate￿ntS., prepare the financial statements on the goiTr9 concern basls untess it is inappiopriateto p￿SuM8 that the charitable company will continue in bugnes$. The trustees are responsibl8 for k8eping proper accounling records which disclose with reasonable accuracy al any tim8 the fNancial position of Ihe charitable company and to enable them to ensure that lh8 financial statements ¢omply with thè Companies Acl 2006. They are a150 responsible for safeguarding the assets of the charitable wmpany and hence for taklng reasonable steps for the prèvention and del8clioR offiaud and other irrogulaii118s. In so far as the Iiuslees are awar8'. there is no re18vant audit infomiation ofwhich the charitable company's auditors are Unawa￿,. and th8 trustees have taken all Steps Ihal Ihey ought lo havo laken lo make Ihern5elve5 aware of any relevant èudlt in1￿matiOn and lo estat￿lsh that the audllors are abvdf8 of that Inlorrnallon. AUDITORS The audllors. McLay McAisler & McGlbLy)n LLP. wll be proposad for rè-apFM)inlffenl atth8 forthcorning Annual Gengr81 M88ting. Report of th8 Irust8es. itKorporaling a strategic tsport, approved by order of the boarLI oltru5tees, as the company directors. on 3rd Augu512026 and slgned on th8 boards behalf by,. S Schelsing8r- Tw51pe Page 7 TrIVest of S¢otland Reglonal Eiuality Coun¢ll Report of th& Trustees for the Year Entled 31 March 2026 Oplnion e have audited the finanaal statements ol West of s￿lIand Regional Equality Counal Ithe'ch8r￿ab1e company'l for Ihe year ended 31 March 2026 which comprise the Slalprnent of Financial Adivilies, the Balance Sheet, the Cash Flow Slal8m8nl and nol8s to Iho firTrancial 51alemgnls. induditu a summary of significant atttrunling policies. The financial reporting IratnewoFk that has been applied In their pr8p8ralion15 applicable law United Kingdom A¢coutEling Siandards (United Kingdom Generally A¢¢epted Accounllng Praclicel. including Financial R8portsng Standard 1D2'The Financial Reporting Standard applkable in the UK and Republrc of Ireland.. In our op1￿10￿ the finan¢ial slalomènls.. giv8 a true anLI fair view ol the slate of the charitable cornpany's affalrs as at 31 March 2026 and of its incomlng resourc8s and appliCat￿n ol resources, includin9 Ils income and expeTrLliluig, for Ihg year Ih@n ended.. have properly piep3red in a¢¢ordanc8 Wlth United Kingdorn Generally Accepted Accounling Praclice, Includlng Financial Reporting Slandard 102'The Financial Reporting Standard applicable in the UK and Repu￿￿ of Ireland.; 2nd have bEen prepared in &cordance with Ihg requiretnents of the CompaniesAcl 2006. the Charitie8 a￿1 Trustee Inve51m8nt Iscollandl A¢1 2005 and R9gulat￿n 8 ofth8 Charities Accounts (Scotlandl Regul81ions 2006. Basis for oplnion We conducled our audll in aceordan¢e wlth International Slandards on Audillng IUKI IISAS IUKII and applicabl? law. Our resrxjnsibililies under those standards a￿ further describod In the Auditors, responsibili1188 lor the audit of the financial st8lemen15 5eclion of our report. are Snllependent of the charitable company in accordance with the ethical requirements that are relevant lo oui audit of the flnEncial slalemen15 In the UK, includlng the FRC'S Elhlcal Standard, and we have fuifill8d our other ethical ￿SpOnsIbl111￿S in at¢oidance with Ihese reqUirern8n￿. We believe that the auclit evidence have oblaineil is suffioent ar￿ approprialg lo provide a basls for our opinion. ¢on¢lu51on5 re18tlng tQ going concert) In audiling the financial slalements, W8 have concluded Ihat th8 Iruslee5' U58 of ihe wing concern bass of accounting In tho proparalion olthe financial state￿nIS is appropriate. Based on th8 work wg have perforrned. we have nol identified any tnat8ri81 une&rtainlies r81aling to ev8Trts or condilbns Ihal, indiviclually or collectively. may casl significant doubl on th8 charllable company's abllily to (x)ntinue as a going concern lor a period of al lea51 twelve months from wh8n the fiThanclal slatefflgnts are aulhofised for i$gJe. Our responsSbilltle5 and the responsibilities of the trustee5 with r8specl to goin9 concein are descrfbed in the ￿e¥an1 seclhjns ol thi5 report. Other Information The trustees a￿ responsible Iof tho oth81 informatlon. The other infoimatlon cornpri3&S the information indudpd in th8 Annual Report, other than the financi81 slaloments and our Report DI the Independent Auditors Ihereon. Our opiniDn on ffnancial statemen1$ does Th)1 cov8rth8 other Inform8tK)n and, except to the 8xlentolheTrwse explicilly 8laled in ou¥ rewrt, we do not expre55 any form of assurance conclusion Ihef80n. In connect￿n with our audlt ol the flnanclal stslemen15, our responsiblllty 15 to read the other inform8lk)n and, tloing so. ¢on5ider whether the other inlorrnatlon is tnal8ri811y incx)n5151ent wilh thè finanoal 51atefflenls or our knowledgè obtaSned in the audit or otherwise appears lo be materially rnis51ated. If we identify such material inconsislencie5 01 apparent material mlsslalem&nt5, we are required lo d8term1￿ whether this gives rfse to a m8l&rial mlsstatement the financial slal8m9nls ih8nisglves. Ir. basedon the workwe have perfoimed. we conclude that Ihvre is a material misslal8ffl8nl oflhisolhei information. we are required lo report that fa¢t. We hav& nothing to rèwrt in this regard. Oplnlon5 on other rnatteTS prescrlbed by the Comp8nie$ Act 2006 In our opinion, based on Ihg work undèrtakgn in the course of the audit.. th8 informaiK)n given in the RekK)rt of the Trustees for th8 linancial year for which the finanoal stalemgnls ale pr8par8d is consistent with the financial slalÈmenls', and the Report of the Tru51ees has b8en prepared in accordance a￿lIcable ￿gaI ￿quIrern8nts. Page 8 Report of the Independent Audltor$ to the Trustee5 and Members of West of Scotland Roglonal Equality Council Matters on which we are requlred to report by 8xceptlon In the Ilghl of the knowle(Ige and undèrstanding of Ihe ch8fitaL4e company and ils environment obtslned in th8 course ol ihe audit, we have not identified materlal misslal8menls in the Report of Trust88S. W8 have nothing to ieport in r8sp8cI of the following malters where the Companles Act 2006 and the Charilles Awoun18 (Scotlandl Regulations 20061ss atnendedl requires us lo r8pori lo you il. in our opinion.. adequate and proper accounh"w records have not been kept or return5 adequate for our audlt have not b88n r8c?Ned from branch85 not V151tEd by us., or the financial slaterrenls ar8 nol In a9ieetngnl with th? accounting 18cord5 and relurns," or certain disclosuies oltrustees, remuneration specified by law are not tnad8', or we havè not re￿Wed all thg inforrnalion arKI explanations we require for our audll. Rgspon$lbllltles of tru5t885 As explain9d rnore fully in the Slalement of Truslee5' Re5pDnsiblllti&s, the trustees are responsible for th8 preparation ol the financial statements and lor being satisfied that thèy giw a true and fair view, and lor such irilernal conlrd as the Irusle8S d8t8rmine 15 necessary to 8nabl8 thg preparation ol financial $tat8rn&nts that are tree from materi81 rni8slaltrm&nt. whglher due to fraud or orfor. In preparlng Ihe fln8nrial statefflpn15, Ihe Iruslees are responsible for assessing th8 charilab￿ companws abtlity to continu6 &S a going concern, disclosing, a5 aplisable. matters related lo going Concern and using the goin9 concern basis of accounting unless the trusl&e5 either intend lo liquidate the chaiitable company or to ceas8 operation5, or havg no realistic alleinalive but to do so. Our responslbllltles for the audit of the Ilnanclal 8tatem?nts Our objectives are to obtain reasonable assurance about whelher the financial slalements as a whole ar8 fre8 from material tnisslalemenl. whelh&r due to fraud or e￿Or, and to issue a Report ol the Independenl Audilors Ihal includes our opinion. Reasonable assurance 15 a high level of as8urance, bul is not a guarantee that an audit conducled In accordanc8 wilh ISAS IUKI wlll akwaysdel8Cta tnalgrial mlsslalem&ntwhen itexisls. Mlsslatements can ari58 frotnf13ud orerrorand ar8 considered malerial if, individually or in the aggregate. they could ￿asonablY be 8xpe¢19d lo influen¢0 the economic decisions of users lak&n on t bas15 of these linanclal stal@m8nl5. The exlenl to which PrO￿￿ureS are ¢apabl8 of d8teeting I￿gularItIeS, includlng fiaud Is detalled below.. In id8ntifying and as$8sslng risks of rnalerial misslalernenl In re8P8cI of irr8gulaiilies. including Irdud and t￿n￿o￿pILan¢e wilh laws and regulation5, ¢onsidered th8 followng.. e nature ol Ihe charity 8nd Ils control envlronrnent., - grants awarded during thè year and associal8d expendituie to rÈcontile th8 ck)￿ng positi￿.. bank transactions madè during the year, r￿ewIng any Ihal appear unusual," results of our enquiries ol managetnenl about Ihelr own id8nlification and ass&ssment ol the risks and i1r6gulari￿eS', - any matterswe identlfled havlng revlewed th8 charltws inlernal contrds establlshed to mitigate rlsks of fraud or mnri Other In￿M? 15,947 150 2,861 7,419 15.947 150 2.881 7,419 1.960 1,263 976 26,397 26 397 4,199 Pag8 16 continu8d... West r>f Scotland Reglonal Equallty Councll Notes to the Flnancial Statements- contlnued for thè Year Endtrd 31 March 2026 INVESTMENT INCOME 2026 Total lund5 2025 Total funds Unrestrlcted fund5 Restrfcted funds Dèposit account intere51 421 421 INCOME FROM CHARITABLE ACTIVITIES 2026 Z025 Grants 634,841 501.654 Grants received, included In 8bovo, are as follows.. 2026 2025 Scoltlsh &)verntnenl Glasgow City Council Cornrnunities Fund Historic Envlronment Scotlan Energy AElion Scolland Gla5yow Council for Voluntary Sector National Lottery Herilag8 FutKI Maryhill Housing A88ociatio National Lottery Comtnunity Fund Robertson Trust Gl8&gow City Coun￿1 Social Innovation Fund lrnpacl Funding Partners 216,713 86,687 66.667 47.652 10,380 231.017 86,687 60.214 35,662 23,80tJ 4.500 19,974 40.000 1,000 89,820 40,000 4.420 51,218 20,286 634,841 501.654 CHARITABLE ACTivifiES COSTS Dlrect Costs Isee nvte 61 Support co$t$ (see nots YI Totals Cofflmunlly development and ant di5cTlmination work 615,883 6,0(M) 621.883 Pag817 conlinupd... IN?st of Scotland Re9lonal Equallfy Council Notes lo the Flnanclal Statements- contlnued for the Year Ended 31 March 202fj DIRECT COSTS OF CHARITABLE ACTIVITIES 2026 2025 staff ¢osts P￿rniseS Cost$ Prlnl. Post, Offi¢e. IT Annual Report, AGM & 8oard Legal and Profe55ional Bank Charges Project Costs Depreciation 506,013 31,914 15,546 840 15,003 252 35.461 10.854 434,044 30,173 17.795 748 13,682 252 32,105 22.581 615,883 551.38D SUPPORT COSTS 2026 2025 Auditors. renTruneralion 6.000 6.000 6.000 NET INCOMEIIEXPENDITLIRE) Net Incomellexpenditur@l is slated after ¢hargiwllcredllingl'. 2026 2025 AuditOFS' r8muneralion Oeprecialion- owned as5818 6.000 10,854 6,000 22,581 Pago 18 conlinugd... West of Scotland Reglonal Equality Coun¢ll Notes to the Fbnanclal Ststement5- contlnued for the Year Entled 31 March 2026 TRUSTEES. REMUNERATION AND BENEFITS Thgre were no tiuslees. r8rnunEratv)n or olh8r benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025. Tru$tee$' expgnses Trav81 costs amounllng lo £4812025. £501 were ￿lMburS8d lo 112025.. 11 tn8rnbgr ol the Board ol Difft¢tors. In addltbn vouchefs of £65 were gifted to tiusloes who sleppBd down during the period. to thank Ihem for Ih8ir supplxi. Th8 Charity has Trust88 Indemnily Insurance included ￿thin its general policy. 10. STAFF COSTS 2026 2025 Wages and salarles Sccial security costs (Xher pBnsion ￿515 457,307 39,829 8.877 401,240 25.126 7,878 5C6,013 434,044 Key Management Personnel received remunera￿9￿ of £150.26012025.. £121,543) The aver898 tnonthly nurn￿r of Bmployoes during Ihe year was as follows.. 2026 26 202$ 26 Office and ProJec¢ Staff No èmployee5 reselved emoluments in exce55 01 £60,000. COMPAFiATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrgstrlcted funds 11. Restrlcted fund$ Total funds INCOME AND ENDOWNIENTS FROM Charitable actSvltle8 Comtnunity development and anli-discrirninatbn work 40,0 461,654 SD1,654 Other trading activities Inveslwenl incorne 3,739 896 460 4.199 896 Totsl 462114 EXPENDITURE ON Charitable actlvll105 Community d9vebprnenl and ant￿disCriMInation work 81,138 476,242 NET INCQMEIIEXPENDITUREI TTansfor$ bolwepn fund$ 138,5031 901 114,1281 90 150,6311 Not movemgnt fund$ 136,5931 114,0381 150,6311 RECONCILIATION OF FUNDS Total lunds brought forward 126.714 20.624 147,338 Pa98 19 continued... West ol S¢otland Reglonal Equallty Coun¢ll Notes to the Flnan¢lal Statgmonls. contlnued ftsr the Year Ended 31 March 2026 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- Contlnuod Unrestricted lunds Restricted funds Total funds TOTAL FUNDS CARRIED FORWARD .121 6,586 96,707 12. TANGIBLE FIXED ASSETS Improvements Offl¢e & othei Equlpment Comput•r Equlpment property Tota15 COST At 1 April 2025 and 31 March 2026 124,499 73.477 217,280 DEPRECIATION At 1 Apiil 2025 Charge for year 21,196 6,225 18.104 70,048 3,429 109,348 10.854 Al 31 March 2026 27,421 19,304 73.417 120,202 NET BOOK VALUE At 31 Marth 2026 97,078 97,078 At 31 March 2025 103.303 1,200 3,429 107,932 13. DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2026 2025 Tr8de deblors Other debtors PrepayTn8nl$ 1.480 1.467 418 3,365 468 14. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2026 2025 Penslon Creditor D8f8rred Incotne Accrued expense5 6.250 10.215 11,274 6,250 10.380 11.440 27,739 28,070 Deforred Income 2026 2025 At 1 April Deferred Sn the year Released in the year 10,380 10.215 9.990 10,380 At 31 March 10,215 Defetred income cornprises In¢ome received lor pioj8ds which commenced n 2026127 and to whi¢h was th8 charlty was not entitled in the year. Page 20 continued... Wfr5t tsf Scolland Reglonal Equallty Council Note5 to the Financial Statement8 - contlnued for Y&ar Ended 31 March 2026 15. REDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2026 2025 Pen5i0n Creditor12-5yr51 Ppnsbn Credbtor >Syr$ 25,0 25.0(K) 25.000 43,750 50,000 16. ANALYSIS OF NEf ASSETS BETWEEN FUNDS 2026 Total funds 2025 Total funds UnTe$trlcted funds Restrl¢ted funds Fixed a55ets Currènt ass8t5 Current liabilitie5 Long terrn liabilille6 97,078 54.134 117,5241 43.7SOI 97,078 110.894 127.7391 43,7501 107,932 66.845 128,0701 50,0001 56,760 110,2151 89,938 46,545 136.483 96,7D7 Prior year analysls of n8t assets betW88n fur￿9.. 2025 Total funds 2024 Total funds Unrestrlcled fund5 Re$lrlct8d funds Fxed as58ts Current a55els 107.932 60,259 128,0701 50,OQiOI 107,932 66,845 128,0701 130,513 106,068 132,9931 56.2501 6,586 Non cu￿nt liabilities 90,121 96,707 147338 17. MOVEMENT IN FUNDS Net movement In funds TraTb51ors between fvnds At 3113126 At 114125 Unrestricted fund8 General fund Penslon Resetve Fund 146,371 56.2501 4,626 111,0591 6.250 139.938 50,0001 9D,121 4,626 14,8091 89,938 RÈstrlcted fund$ Menta1 Health Whole Community Media Sense Energy Advice Project Roots & Thr8ads Cllck & Conne¢1 500 12,2621 18,6201 12,1751 35.100 12,607 15001 1,439 2.857 2,175 823 5,763 35.10D 11.445 1,1621 6,586 35,150 4,809 46.545 TOTAL FUNDS 96,707 39,776 136483 Pago 21 )ntinued... Vvest of S¢otland Rpylonal Equallty Councll Note$ to the Flnan¢lal Statomgnt5- contlnued IDT the Year Ended 31 March 2026 17. MOVEMENT IN FUNDS- ¢ontlnu8d Nel rnovernent in funds, Includ8d In Ihe atK>ve are as folk)ws'. Incomlny resources Resources èxpended Moverngnt In funds Unrestrlcted funds G&neral fund 72,238 167.6121 4,626 Restrlcted funds Victim Centred Apwoach Roots Project MEHRP Glasgow Clly Councll- Communil&s Fund Menlal H8allh Whole Community Medla Sense Energy Advice Project Soci81 Innovation Fund Rwls & Threads Click & Connect 69,052 66.667 147.661 86,687 10,380 20,286 169,052) 166,667} 1147,6611 186,6871 19,8801 122.5481 18,6201 149,8271 151,2161 135.1001 500 12.2621 18.6201 12,1751 47.652 51,216 70,200 19,620 35.100 12.607 589,421 554,271 35,150 TOTAL FUNDS 661659 621,8831 39,776 Comparatives for movement In funds Net movemenl In fund5 Transfers between funds At 3113125 Al 114124 Unrestfl¢ted fuFtd5 General fund Pension Reserve Fund 189,214 62.5001 136,5031 16.3401 6.250 146,371 56.2501 Restrieted fund$ M8HIP Whole Communlty stepping Into Div8rsily Plodla Sense 126,714 136,503) 1901 90,121 20,624 120.624} 823 1901 5,T83 823 90 5.763 20.624 90 6.586 TOTAL FUNDS 147,338 96,707 Pa9e 22 ¢ontinUEd... Wtst C+f Scotland Reglonal Equallty Council Note5 to the Flnan¢lal Stat8rn?nts- ¢ontlnued for the Year Ended 31 Mar¢h 2026 17. MOVEMENT IN FUNDS. ¢gntlnued Cornparalive net movement in funds. induded in Ihe above are as fdlow5.' Incomlng re30urce$ Rosources expended Movoment In fund$ UnrestriGted lunds General fund 44,635 181.1381 136,5031 Restrl¢led funds Victim Cenlr8d Approach Roots Project MEHRP Glasgow Clty Coundl- Communllles Fund MeHIP Whole Communily Steppin9 Into Div8rsity Media Sense En8tgy Advico Project Mental Health Proje¢t 69,052 60,214 148.061 86.687 23,600 4.314 4,560 19,974 35,662 169,0521 160,2141 1148,0611 186,6871 144,2241 13,4911 14.6501 114.2111 135,6621 9,9901 120,6241 823 1901 5,783 462.114 476,2421 14,128 TOTAL FUNDS 506.749 557,3801 50,6311 1B. OTHER FINANCIAL COMMITMENTS At 31st March 2026 Ihe Chaiily has 8nnual commilrnents under a norrcanc8118ble operating leas8 lor a photocopierls8rver. The annual CDmmltment is £7,368 until expiry of the lease in 2027. 19. RELATED PARTY DISCLOSURES There were rK) r81ated party transactions for the year ended 31 March 2026. 20. DESCRIPTION OF FUNDS- UNRESTRICTED Gene¥al fund- th8 unre51ricted. free re$8rves of the charity Pension Reserve Fund - a fund which iepresents the value ol the reducing liability ari51ng as part of th8 exil from Ihe Slralhclyde Pension Fund. An atnount of E6,250 is paid each ygar and this fund balance is rgduc8d accordlngly sueh Ih8t wh9n Ihe final payment is the fund will be nil. The final payment will be made on 30 September 2033 DESCRIPTION OF FUNDS. RESTRICTED 21. MEHR Project.. Thls giant 18 for tnaklng a dlfferencg for disadvantaged mI￿rIty ethnic Communities in the West of Scotland through tho provision of advice, Information and activities. Vlclim Centre Approach Fund IVCAFI.. This grant Is provided by the Scomlsh GoV8m￿ent to fund a project who will wofft w51h Mlnorily Ethnic vic11rn5 01 crime lo provide a rang? of18rgeled 5ervic&s and 8clivilies through whlch th8y can improve Iheir h88llh al￿ wellbeing and rebuilding their lives. Page 23 continued... West ol Scotland Reglonal Equallty Councll Notes to the Financlal Statements- ¢on¢lnued for the Year Ended 31 March 2026 21. DESCRIPTION OF FUNDS- RESTRICTED . Continued Rwt5 Projèct.. This grant is for raisiw awareness of Historic Scotland stes by visillng. and id&nknfying volun18erirvJ opportunitie8 for mlnority elhnlc communltie5 living in SEolla[￿. Mental H8allh.' Funded by the Glasgow Council for the Voluntary Sector for m8ntsl heallh wellbelng of wom8n and ¢hlldren who liv& In arpps of high social deprivation. Glasgow City Coun¢ll- ComrTrunities Fund.. The aim of this fund is lo support cor8 and ￿Yenuè cost$, allowSng WSREC to in¢rease the c8P8¢11y o15ervices offered lo disadvantaged GomrnunSty groups. EnFrgyAdvi¢& Project.. Funded by Energy Action Scotland, this project h81p8 households undgTStand safe, efficlent, and affordable energy usage Ihrough awareness sessicffis and One-t(￿ne advlce. Media Sonse.. A year-bng inltlative ftjnded by The Nalionel Lottery Cornrnunlly Fund Scotland, provKSing medla lileracy and safeguarding training lo 250 minority ethnic indivkluals. Activities indude digital skills d8v8lopwEnl. online Jagernent, sleeiirvJ groups. and volunlgerlng. Slepplng into tXver511y'. Funded by Maryhill Housing Ass(Kiation. thb project dèlivers cuhural workshop5, art5 crafts, rnusSc sessions. 8fKI health activities. fostering indu$ion In the Maryhdl ¢ornmun*ly. Who18 Community Fund.. SupporteLI by Impact Fundi￿9 Partners. th15 proj8Ct offers educational family activities peer support in Possilpark, promoling community cohesion and lif81ong leaming. Rwls & Threads- This prl8cI alms lo reduc8 poverty and prornolo tllmate action among disadvantsged comtnunllies. Actlvilles include community swap shops. budg61 cooking sessK)ns, sèwing workshops, growing proj8¢ts, and Ipcycling Click & Conrocl- Thi5 year-long1niliative promoles digilal incluslon and medla literacy atnong minority tsthRic women. Activitle5 include digital skills Irainlng, coTrfid8nce building. and ESOL support. Brldge lo Buslne58 funded by the Soual Innovation Fund Th15 projocl supported tnlnorlty glhnlc women interested In business start-up and enliepieneurshlp. Activi1188 Included training workshops, on8-to￿ne support, and referra15 10 5P8ciallsl partner organisallons. Page 24