BLACK BRITISH INITIATIVE
Black British Initiative, believes, racial injustice is a societal wide issue, only eradicated with the support of all races, genders and age groups. To deliver its mission, in partnership with the Stephen Lawrence Day Foundation, BBI has devised MBA 30, as short business course designed to boost prospects for 30 underserved Black Entrepreneurs, also commemorating Stephen's 30th anniversary.
Objects
THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT: (I) THE PROMOTION OF EQUALITY AND DIVERSITY BY THE FOLLOWING MEANS: A. CULTIVATING A SENTIMENT IN FAVOUR OF EQUALITY AND DIVERSITY, INCLUDING BY PROMOTING THE BENEFITS OF DIVERSITY AND INCLUSION IN THE ARTS, WITH PARTICULAR REFERENCE TO BRITISH PERSONS OF AFRICAN OR AFRO-CARIBBEAN HERITAGE; B. PROMOTING ACCESS TO AND THE BENEFITS OF FORMAL AND INFORMAL EDUCATION AMONG YOUNG BRITISH PEOPLE OF AFRICAN OR AFRO-CARIBBEAN HERITAGE; C. PROMOTING ACTIVITIES TO FOSTER UNDERSTANDING BETWEEN PEOPLE OF DIVERSE BACKGROUNDS, SUCH AS THE ESTABLISHMENT AND MAINTENANCE OF AN ART GALLERY SHOWCASING THE WORKS OF ARTISTS OF AFRICAN OR AFRO-CARIBBEAN HERITAGE; (II) TO PROMOTE RACIAL HARMONY INCLUDING BY PROMOTING KNOWLEDGE AND MUTUAL UNDERSTANDING BETWEEN DIFFERENT RACIAL GROUPS INCLUDING BY CONDUCTING OR COMMISSIONING RESEARCH ON EQUALITY AND DIVERSITY ISSUES AND PUBLISHING THE RESULTS TO THE PUBLIC; (III) TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING PERSONS OF AFRICAN OR AFRO-CARIBBEAN HERITAGE FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PERSONS OF AFRICAN OR AFRO-CARIBBEAN HERITAGE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY. FOR THE PURPOSE OF THIS CLAUSE 3(III) ‘SOCIALLY EXCLUDED’ MEANS BEING EXCLUDED FROM SOCIETY, OR PART OF SOCIETY, AS A RESULT OF BEING A MEMBER OF A SOCIALLY AND ECONOMICALLY DEPRIVED COMMUNITY INCLUDING, WITHOUT LIMITATION, BY REASON OF THE FOLLOWING FACTORS: UNEMPLOYMENT; FINANCIAL HARDSHIP; DISCRIMINATION ON THE GROUNDS OF SEX, RACE, ETHNIC ORIGIN; POOR EDUCATIONAL OR SKILLS ATTAINMENT; EXPERIENCE PUBLIC CARE OR THE PENAL SYSTEM; (IV) TO ADVANCE THE EDUCATION OF THE PUBLIC IN RESPECT OF EQUALITY AND DIVERSITY, INCLUDING BY THE FOLLOWING MEANS: A. PROMOTING ACCESS TO FORMAL AND INFORMAL EDUCATION AMONG YOUNG PEOPLE OF AFRICAN OR AFRO-CARIBBEAN HERITAGE; AND B. THE ESTABLISHMENT AND MAINTENANCE OF MUSEUMS AND/OR ART GALLERIES ABOUT THE HISTORY OF PERSONS OF AFRICAN OR AFRO-CARIBBEAN HERITAGE IN THE UK AND THEIR CONTRIBUTION TO CULTURE AND THE ARTS IN THE UK, BY SUCH MEANS AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION CONSIDER APPROPRIATE.BY SUCH MEANS AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION CONSIDER APPROPRIATE.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £112,128 for the year, resulting in a decrease in total net assets from £199,170 to £87,042. The trustees consider the financial position to be sound and sustainable, noting that unrestricted reserves of £31,005 provide a reasonable cushion for operational needs. The charity maintains a reserves policy target of three to four months of expenditure, and the current level of reserves is stated to be five months.
What the accounts disclose
“we aim to maintain at least three to four months reserves and currently adhere to this policy.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Andreas Xeni
- Christopher Brook-Carter
- Paul David Tebbit
- Randel Justin Bryan
- Ruby Jade Aryiku
- Shelley Bishton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £64k | £176k |
| 31/12/2023 | £415k | £216k |
| 31/12/2022 | £0 | £0 |
Common questions
Is BLACK BRITISH INITIATIVE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £112,128 for the year, resulting in a decrease in total net assets from £199,170 to £87,042. The trustees consider the financial position to be sound and sustainable, noting that unrestricted reserves of £31,005 provide a reasonable cushion for operational needs. The charity maintains a reserves policy target of three to four months of expenditure, and the current level of reserves is stated to be five months. Its FY2024 accounts were independently examined.