IRIS Accounts Production v23.4.0.336 Other Company accounts True false Pounds 1.4.22 31.3.23 31.3.23 FY Mrs R Ahmad Ms G Bovell M A Hadi T Jeyaseelan Mrs U Khan S Rahim A Savage Mrs V Shah FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046395202022-03-31046395202023-03-31046395202022-04-012023-03-31046395202021-03-31046395202021-04-012022-03-31046395202022-03-3104639520ns0:CharitableCompanyLimitedByGuarantee2022-04-012023-03-3104639520ns15:PoundSterling2022-04-012023-03-3104639520ns0:Trustee12022-04-012023-03-3104639520ns0:Trustee32022-04-012023-03-3104639520ns0:Trustee42022-04-012023-03-3104639520ns0:Trustee52022-04-012023-03-3104639520ns0:Trustee62022-04-012023-03-3104639520ns0:Trustee72022-04-012023-03-3104639520ns0:Trustee22022-04-012023-03-3104639520ns0:Trustee82022-04-012023-03-3104639520ns11:FRS1022022-04-012023-03-3104639520ns11:IndependentExaminationCharity2022-04-012023-03-3104639520ns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-04-012023-03-3104639520ns11:FullAccounts2022-04-012023-03-3104639520ns11:CharitiesSORP2022-04-012023-03-3104639520ns16:EnglandWales2022-04-012023-03-3104639520ns11:RegisteredOffice2022-04-012023-03-3104639520ns0:TotalUnrestrictedFunds2022-04-012023-03-3104639520ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3104639520ns0:TotalUnrestrictedFunds2022-03-3104639520ns0:TotalRestrictedIncomeFunds2022-03-3104639520ns0:TotalUnrestrictedFunds2023-03-3104639520ns0:TotalRestrictedIncomeFunds2023-03-3104639520ns0:TotalUnrestrictedFundsns10:WithinOneYear2023-03-3104639520ns0:TotalRestrictedIncomeFundsns10:WithinOneYear2023-03-3104639520ns10:WithinOneYear2023-03-3104639520ns10:WithinOneYear2022-03-3104639520ns0:TotalUnrestrictedFundsns10:AfterOneYear2023-03-3104639520ns10:AfterOneYearns0:TotalRestrictedIncomeFunds2023-03-3104639520ns10:AfterOneYear2023-03-3104639520ns10:AfterOneYear2022-03-310463952022022-04-012023-03-3104639520ns10:OwnedAssets2022-04-012023-03-3104639520ns10:OwnedAssets2021-04-012022-03-3104639520ns0:TotalUnrestrictedFunds2021-04-012022-03-3104639520ns0:TotalRestrictedIncomeFunds2021-04-012022-03-3104639520ns10:PlantMachinery2022-03-3104639520ns10:PlantMachinery2022-04-012023-03-3104639520ns10:PlantMachinery2023-03-3104639520ns10:PlantMachinery2022-03-31
REGISTERED COMPANY NUMBER: 04639520 (England and Wales)
REGISTERED CHARITY NUMBER: 1107248














STRATEGIC REPORT, REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

ETHNIC MINORITY CENTRE LIMITED

ETHNIC MINORITY CENTRE LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Chairman's Report 1

Strategic Report 2

Report of the Trustees 3 to 6

Independent Examiner's Report 7

Statement of Financial Activities 8

Balance Sheet 9 to 10

Notes to the Financial Statements 11 to 16

ETHNIC MINORITY CENTRE LIMITED

CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 MARCH 2023


Trustees Reports:
Chairperson: Mrs Raihana Ahmad
I am proud to be actively involved and engaged with the Ethnic Minority Centre for a long time. My journey as Trustee to a Chairperson at Ethnic Minorities Centre Ltd (EMC) ensuing 2018/19, it was most remarkable as well as honourable.
In recognition of EMC's services, we have received many acknowledgements from different organisations, which we are proud of. EMC has earned recognition, popularity for its invaluable work within the community by the Mayor of Merton, Mayor of London, Merton Connected and many other distinguished organisations. I will try my best to dedicate myself to serve the community on behalf of EMC.
EMC's all activities and services are most important for the communities for all ages and for all abilities etc advice and information and counselling service.


Treasurer: Abayeh Savage
As a Treasurer, I feel it is time to reflect on the long and bumpy road the organization has navigated from its inception in1988/1999 in terms of finance/funding for its survival. Its mission statement being to improve the well-being of all ethnic minority individuals that live or work in the London Borough of Merton.
Initially, its funding was from the London Borough until 2010, when the Council cuts off funding to all minority organizations in Merton.
Since then, the uphill struggle began, and no one would ever envisage the EMC would still be a going concern.

With the determination, dedication, steadfastness, and tenacity of our operational staff of Viji (Bookkeeper) Ming (Information Technology) and Sabitri Ray (Project Director), have been instrumental in keeping the Ethnic Minority Centre afloat. I have nothing to say but a massive thank you to them.

We are also grateful for the help and support received from Merton Connected, to Genny, Anne, Andrea, and Beau to produce the accounts for period ending 2022 and 2023 as requested by Wimbledon Foundation

Thanks to Wimbledon Foundation regarding the format of our accounts, which are currently being prepared by our new Independent Examiners


Vice-Chair: Gene Bovell
I am a valued member of various Organisations, namely, EMC, (Ethnic Minority Centre). Also, a Trustee of EMC and attends various events run by EMC. I am passionate community worker and want to dedicate my life to helping others and is also a member of its Social Committee. EMC is one of the smooth running and popular organisation in borough.

I am honoured proud that I am involved with EMC, will try to make a significant impact on lives of many EMC 's members in the community.


Management Comember: Vipa Shah
I have been actively involved with a local charitable organisation the Ethnic Minority Centre (EMC) for more than 2 decades and I can assure you that I have learnt a lot, from our wider community, is to be grateful for wisdom and strength given to us to continue mutual support to one other and have a progressive thought.
Thank you.

ETHNIC MINORITY CENTRE LIMITED

STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2023


The trustees present their strategic report for the year ended 31 March 2023.

Approved by order of the board of trustees on 29 February 2024 and signed on its behalf by:





Mrs R Ahmad - Trustee

ETHNIC MINORITY CENTRE LIMITED (REGISTERED NUMBER: 04639520)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023



Ethnic Minorities Centre Ltd (EMC)'s policies and procedures are in place and signed. EMC's staff and Trustees attend trainings to improve their skills on policies and update every year. EMC's Board members understand the potential impact of technology for their organisations. This includes risks assessments and DBS checks.

EMC's organisational structure in place. EMC is a member of NCVO, Merton Connected, and Clarion Future Housing group.

Over the year EMC developed close and partnership relations with Merton Connected, Housing Team, Funders and Libraries and Community organisations.

EMC's Board members prioritise the protection of their organisation's digital assets and customer data. This involves regularly reviewing and updating strategies, investing in robust systems and employee training and ensuring compliance with date protection regulations such as GDPR and CCPA.

OBJECTIVES AND ACTIVITIES
Objectives and aims
The activities of the company are that of voluntary community work. This is an umbrella body for black minority ethnic organisations, whose aim is to improve the quality of life of Merton communities.

Trustees
The Trustees who served during the period and up to the date of this report are set out on page 3.
None of the trustees has any beneficial interest in the company. All the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Trustess Responsibilities
Company law 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 Company and of the surplus or deficit of the Company for that period. In preparing those financial statements, the trustees are required to:
-select suitable accounting policies and then apply them consistently.
-make judgements and estimates that are reasonable and prudent; and
-prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


ETHNIC MINORITY CENTRE LIMITED (REGISTERED NUMBER: 04639520)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023


ACHIEVEMENT AND PERFORMANCE
Achievements and performance
COVID-19 meant, that many people had to change priorities and lifestyles, some people were jobless or homeless. EMC realised these drastic changes left emotional, physical, and psychological scars which needed to be addressed with more heath care awareness, education, and activities. EMC dealt with people who had lost total confidence. EMC's main objectives are to restore/ recover self- confidence and build self-esteem.

EMC's biggest challenge was to get core funding to deal with the existing problems of the BAME Communities.
The aim was to focus on few key characteristics of development, social interaction, physical activity and breaking down barriers of isolation, education, improving skills, problems that people have been suffering from especially our senior citizens.

EMC's Health & wellbeing projects aim was to improve participant's confidence, health and wellbeing. Group activities for all ages and for all abilities which can also reduce isolation and loneliness and break down barriers.
EMC has over many years established its name and popularity, our services are acknowledged by the council, statutory bodies, funders and local community centres and groups. EMC services are for seniors, disabled, young people, children, and all abilities according to their needs and demands.

Our main achievments is to always stand beside the BAME communities in their dark days, providing all the amenities to overcome their problems.
During the last five years we successfully acheived many of our goals.
Our goodwill and successes have been acknowledged by both participants and funders

FINANCIAL REVIEW
Financial review
EMC's reserve policy is in place to ensure the ongoing financial stability of the organisation setting aside monies for the long-term goals and ensuring that those funds will be available when needed.

This policy has been adopted to safeguard the assets of Ethnic Minority Centre Ltd. (EMC) so far as possible and to provide clear procedures for controlling the finances of the organisation.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Risk Statement
Trustees have conducted their own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04639520 (England and Wales)

Registered Charity number
1107248

Registered office
The Vestry Hall
336 London Road
Mitcham
Surrey
CR4 3UD


ETHNIC MINORITY CENTRE LIMITED (REGISTERED NUMBER: 04639520)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023


Trustees


TRUSTEES NAME


OFFICE
NAME OF PERSON (OR BODY)
ENTITLED TO APPOINT TRUSTEE
(IF ANY)


Mrs Raihana Ahmad


Chairperson
At the AGM through election by the
affiliated organisation & Committee
members


Gene Bovell


Vice-Chair
At the AGM through election by the
affiliated organisation & Committee
members


Abayeh Savage


Treasurer
At the AGM through election by the
affiliated organisation & Committee
members


Salim Rahim


General Secretary
At the AGM through election by the
affiliated organisation & Committee
members


Vipa Shah


Committee member
At the AGM through election by the
affiliated organisation & Committee
members


Mohammad Abdul Hadi


Committee Member
At the AGM through election by the
affiliated organisation & Committee
members


Uzma Khan


Committee Member
At the AGM through election by the
affiliated organisation & Committee
members


Jaysaleen Thirukkumaran


Committee Member
At the AGM through election by the
affiliated organisation & Committee
members


Cllr Joan Henry


Committee Member
At the AGM through election by the
affiliated organisation & Committee
members


Fitzroy Dawson


Committee Member
At the AGM through election by the
affiliated organisation & Committee
members

Independent Examiner
Owadally & King
Chartered Certified Accountants
73 Park Lane
Croydon
Surrey
CR0 1JG

Advisers
TYPE OF ADVISOR NAME ADDRESS

General adviser

Beau Fadahusi
Merton Connected, Vestry Hall, 336
London Road, Mitcham, CR4 3UD

Financial adviser

Genny Jones
Merton Connected, Vestry Hall, 336
London Road, Mitcham, CR4 3UD

Approved by order of the board of trustees on 29 February 2024 and signed on its behalf by:






ETHNIC MINORITY CENTRE LIMITED (REGISTERED NUMBER: 04639520)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023


Mrs R Ahmad - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ETHNIC MINORITY CENTRE LIMITED


Independent examiner's report to the trustees of Ethnic Minority Centre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Farook Owadally FCCA

Owadally & King
Chartered Certified Accountants
73 Park Lane
Croydon
Surrey
CR0 1JG

Date: .............................................

ETHNIC MINORITY CENTRE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023

2023 2022
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,889 32,468 35,357 24,434

Investment income 2 17 - 17 -
Total 2,906 32,468 35,374 24,434

EXPENDITURE ON
Raising funds 3 4,985 20,370 25,355 23,287


Other 940 5,842 6,782 9,743
Total 5,925 26,212 32,137 33,030

NET INCOME/(EXPENDITURE) (3,019 ) 6,256 3,237 (8,596 )


RECONCILIATION OF FUNDS
Total funds brought forward 11,993 22,239 34,232 42,828

TOTAL FUNDS CARRIED FORWARD 8,974 28,495 37,469 34,232

ETHNIC MINORITY CENTRE LIMITED (REGISTERED NUMBER: 04639520)

BALANCE SHEET
31 MARCH 2023

2023 2022
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 182 - 182 228

CURRENT ASSETS
Debtors 8 - - - 4,086
Cash at bank and in hand 22,336 28,495 50,831 50,044
22,336 28,495 50,831 54,130

CREDITORS
Amounts falling due within one year 9 (1,976 ) - (1,976 ) (400 )

NET CURRENT ASSETS 20,360 28,495 48,855 53,730

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,542

28,495

49,037

53,958

CREDITORS
Amounts falling due after more than one year 10 (11,568 ) - (11,568 ) (19,726 )

NET ASSETS 8,974 28,495 37,469 34,232
FUNDS 11
Unrestricted funds 8,974 11,993
Restricted funds 28,495 22,239
TOTAL FUNDS 37,469 34,232

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus 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 Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


ETHNIC MINORITY CENTRE LIMITED (REGISTERED NUMBER: 04639520)

BALANCE SHEET - continued
31 MARCH 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 29 February 2024 and were signed on its behalf by:





R Ahmad - Trustee





A Savage - Trustee

ETHNIC MINORITY CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.



Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME
2023 2022
£    £   
Deposit account interest 17 -


ETHNIC MINORITY CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


3. RAISING FUNDS

Raising donations and legacies
2023 2022
£    £   
Other direct costs 21,501 22,887
Support costs 3,854 400
25,355 23,287

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£    £   
Depreciation - owned assets 46 57

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.


6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 501 23,933 24,434

EXPENDITURE ON
Raising funds 2,585 20,702 23,287


Other 2,911 6,832 9,743
Total 5,496 27,534 33,030

NET INCOME/(EXPENDITURE) (4,995 ) (3,601 ) (8,596 )


RECONCILIATION OF FUNDS
Total funds brought forward 16,988 25,840 42,828


ETHNIC MINORITY CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
£    £    £   
TOTAL FUNDS CARRIED FORWARD 11,993 22,239 34,232

7. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2022 and 31 March 2023 22,087
DEPRECIATION
At 1 April 2022 21,859
Charge for year 46
At 31 March 2023 21,905
NET BOOK VALUE
At 31 March 2023 182
At 31 March 2022 228

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments - 4,086

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,256 400
Accrued expenses 720 -
1,976 400


ETHNIC MINORITY CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Accruals and deferred income 11,568 19,726

11. MOVEMENT IN FUNDS
Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 11,993 (3,019 ) 8,974

Restricted funds
Restricted Fund 22,239 6,256 28,495

TOTAL FUNDS 34,232 3,237 37,469

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 2,906 (5,925 ) (3,019 )

Restricted funds
Restricted Fund 32,468 (26,212 ) 6,256

TOTAL FUNDS 35,374 (32,137 ) 3,237


Comparatives for movement in funds

Net
movement At
At 1.4.21 in funds 31.3.22
£    £    £   
Unrestricted funds
General fund 16,988 (4,995 ) 11,993

Restricted funds
Restricted Fund 25,840 (3,601 ) 22,239

TOTAL FUNDS 42,828 (8,596 ) 34,232

ETHNIC MINORITY CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 501 (5,496 ) (4,995 )

Restricted funds
Restricted Fund 23,933 (27,534 ) (3,601 )

TOTAL FUNDS 24,434 (33,030 ) (8,596 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.21 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 16,988 (8,014 ) 8,974

Restricted funds
Restricted Fund 25,840 2,655 28,495

TOTAL FUNDS 42,828 (5,359 ) 37,469

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 3,407 (11,421 ) (8,014 )

Restricted funds
Restricted Fund 56,401 (53,746 ) 2,655

TOTAL FUNDS 59,808 (65,167 ) (5,359 )


ETHNIC MINORITY CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.