DORSET RACE EQUALITY COUNCIL
To work towards the elimination of racial discrimination and promote equality of opportunity and good relations between persons of different racial groups throughout Dorset including the towns of Dorchester, Weymouth, Poole, and Bournemouth and the areas of north, west, south and east Dorset.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £11,124 for the year, resulting in a decrease in total funds from £34,364 to £23,240. Per the trustees' report, the charity is reliant on actively managing day-to-day cash flows and has made staff redundant due to reduced funding, though it maintains sufficient free reserves to continue operations for the next twelve months.
What the accounts disclose
“We aim to keep minimum reserves of at least 3 month costs of the charity. For 2025 this would be £14,780 (2024 - £19,323).” — page 8
“Following review of post year end results and in particular current cash levels, the charity has continued to utilise it cash reserves and although able to pay creditors as they fall due it is reliant on the Trustee’s actively managing the day to day cash flows.” — page 9
Corporate structure
- Registered company of the charity Companies House 05018604
Company officers (Companies House)
- OKUNNU, Omowonuola Wosilat, Dr on trustee list
- SHARMAN, Mark Richard on trustee list
- OHWOFASA, Efe not on trustee list
- GREEN, Peter Dale on trustee list
- BURKE, Jonathan, Revd on trustee list
- BAMGBOYE, Ade Babayemi on trustee list
Trustees
- Ade Babayemi Bamgboye
- Dr Omowonuola Wosilat Okunnu
- Efetobore Ohwofasa
- Mark Richard Sharman
- PETER DALE GREEN
- Rev Jonathan Burke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £48k | £59k |
| 31/03/2024 | £74k | £77k |
| 31/03/2023 | £101k | £113k |
| 31/03/2022 | £118k | £138k |
| 31/03/2021 | £165k | £163k |
Common questions
Is DORSET RACE EQUALITY COUNCIL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £11,124 for the year, resulting in a decrease in total funds from £34,364 to £23,240. Per the trustees' report, the charity is reliant on actively managing day-to-day cash flows and has made staff redundant due to reduced funding, though it maintains sufficient free reserves to continue operations for the next twelve months. Its FY2025 accounts were independently examined.
Who funds DORSET RACE EQUALITY COUNCIL?
Funders whose own accounts filings name DORSET RACE EQUALITY COUNCIL as a grant recipient include THE VALENTINE CHARITABLE TRUST, TALBOT VILLAGE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE VALENTINE CHARITABLE TRUST | FY2022 | £12k | |
| THE VALENTINE CHARITABLE TRUST | FY2025 | £5k | |
| THE VALENTINE CHARITABLE TRUST | FY2023 | £5k | |
| THE VALENTINE CHARITABLE TRUST | FY2024 | £5k | |
| TALBOT VILLAGE TRUST | FY2025 | £1k | Small Grants |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 08/03/2024 | £20k | Legal advice for racial and religious discrimination |
| Sport England | 11/03/2020 | £9k | Multicultural Activities Programme (MAP) |
| The National Lottery Community Fund | 29/09/2016 | £10k | Diverse Neighbourhoods |
| The National Lottery Heritage Fund | 02/09/2004 | £1k | "The Grant Will Contribute Towards New Events For Dorset'S Black History Month." |
| The National Lottery Community Fund | 02/09/2004 | £1k | workshops |