Charfty regbtratk>n number 1070101 Company reglstratlon number 03614823 (England and Wales) Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 111 111111 *AWSGQ8H• 1W10r2024 COMPANIES PICiJSE A07 03
Q..ALLIANCE (A COMPANY LIMITED BY GUARANTEE LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr P Kingh Ms T J Richards. Chair Mr M Sanwell Ms R East (regrd 19 September 20231 Mr S Eslinton- Paoi Ms R Middleton IreswJned 31 January 20241 Ms M A Buller- Quim MrPJKel Ms A LAvem&Jc4nl {reggned 12Apr 2022) ts K Collins. Se (hwointed 14 June 20231 IAFJP(Hnted 9 April 2024) Charlty numb•r 1070101 Cofflpany number 03614823 Registsred office 77 Alston Diive, Brathvell Abw. Mitton Keynes England MK13 9HG Independent examiner Crouchers Lirnrted 1 Copp8rhouse Court C*e¢otte Business Park Milton Keynes kirvjhamth're Engknd MK7 8NL Banke Metro Bank Unit E 3 Babbage Gale Milton Keynes England MK10 9SU
Q.'ALLIANCE (A COMPANY LIMITED BY GUARANTEE) CONTENTS Pag• Trustees. rewt IndeperKlent examinerfs ffjport ststemenl Offin•al actiwtses Balance sheet Notes lo Ihe financial stalements 9-15
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Trustees PTesenl their annual report and accounts for the year erKled 31st March 2024. The Board of Trustees are Satisfied wlh the performance of the charity during the year and the posrtion on 31$1 March 2024, and consider that the Charity is in a strong posits lo ¢ont#iue its acbvilies the coming year. and that the tharivs assets are adequate to fulfil its obligions. Name and registered office of the chaiity '. Q'.alliance, 77 Alston Drive. BradweN Abbey. Mlton Keynes. MK13 9HG Regislefed Charity No.. 10701011 Company No. 03614823 The financial slatemenls have been prepared in accordance wth the accounb.ng policies set out in note 1 to the financial statements and compty with the charis Igoveming dmenti, the Ccmpanies Act 2006 and -Accounting and Reporting by Chanties." Statement of Recommended Pra¢lt¢e appli¢able lo Charities preparing their accounls in ac¢ordan¢e with the Finan¢Fal Reporting StaNJard appIltle in the UK and Rwic of Ireland IFRS 102}. {effective 1 January 2019}. Our Mlsslon Q'.alliance exists to support a safe and infcymed LGBTQ+ community in arwj around Milion Keynes and Bedford, that feels empowered to ¢Mln"bute fvlly to 8 healthy society. A bxal communty where LGBTQ+ people can livg, work, and socialise positively and safely. so th Milion Keynes. its SUOUrKIIng area5. and Bedford, are places where we can make ptive ChCeS about our INes. aSted. and encouraged by publ, private and voluntsry agenaes. This mission ts reviewed annually by the trustees. Publlc Benefft Q'.alliance is a resource for the entire coffKnunty and seNce users are people who INe. work. or sociallse In and around Milten Keynes and Bedford. and who require infomialion or supp)rt aboLrt LGBTQ+ issues. Maln Objectlve for 1st Aprll 2023- 31st March 2024 This period has seen subslantsal grovrth in our ser¥ios as we right size Ourselves for the growing populace. Our main objectives for thi$ period were to contsnue strengthening our foundations whilst a150 providing valuable seNi¢es to our l¢xal communities. worked together to ale a comprehensive strategy for 2024 and beyond, and made grnat strides towards a better and moo stable fvtyre. Strdtsgi¢ Aims strate9lc Alm 1: To remain operational ar ae to prowde services to the Millon Keynes & Bedfud LGBTQ+ communities during the global pandemic. Continue lo strengthen ar¥J svow our organisaticwl structure to 8nabl• better sipport to communty. cornete a Strategic review of the seNces offered to ow communty and ensuR we are providing gyjod value. Continue work to restore our reseThes to the wAred fflinim level after Covid related depletion.
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 What we have done . 've appointed Q'.Alian¢e'$ first Chief Execubwe Office. lenis1n9 the hard work arKI SUC$$ of our Operations Manager wth a board approved fixed temi p0Son. Inereased our vclume of paHI staff by 33% to better wovide staliSed organisational structures supwt seNce delNery. We completed a comprehen$r¥e strategc Tewew of al service offerings, adjustsng as needed lo ensure value to our communty. Based on our inueased staffing ts, wee adjusted ow Reseryes, target to £18.000 are on trxk to admeve this target in Q4 2024. Slrateglc Alm 2: To enable & empower LGBTQ+ people in Milton Keynes. Bedford. ar#d lh8 sOnding areas to make a wsilive contribution lo their commuThts"es by improving gn postings arKI referrals to other sup1 services where appropriate. What we have done . In thi$ reporting period we ¢ontinue to engage a range of stskehc4ders, SLth as MK cou, local parksh councils. MK Vniversty Hoswlal and MK Cc41ege. We've also engaged many local community and ¢harrtable organisations. such as MK Storehouse. SNAP. IF'.Feslival, Healthwatch. YMCA, Teffence Higgins Trust. Mihon Ke5 Pride Festival. and MK Communty Foundation. along with so many others. Finally, we've also wcYked with a variety of higNy engaged and very valued kxal bjsiness partner5, Such as Th• Badey Mow. Parks Trust. B¥ Bar Cafe, The Place Bedlord. arKI MK Galbery. a5 well as many others. Our successfiJ. trail trAazing LG8TO+ Schools Partnership Forum in Mihon Keynes ntinueS to gain traction, Providing space for schoo15 to connect. collaborate. and ae$S Q'allia resources for their LGBTa+ student's wellbeing. These are but a few examples of the myriad of businesse$. gfOUP$ and organisations we've had the absolulg pleasure of working with in this repwts'ng period. and we e hugdy grateful ft>r their SpOrt and connection. Strateg1¢ Alm 3: To influence strategy in Milton Keynes by representing the wews and need$ of LGBT Communit$ by.. Translating need into communication to Televant bodies in authority. Represent the needs ofthe LG8TQ+ communty at various arenas. Increase awareness of our services Ihrwgh better coMmuntIOnS & engagement. What w• havo done . Our partnership wlh the Terance Higgins Trust to run a more spe¢ifi¢ LGBTQ+ community needs asse5srnenl has helped us lo understarKI key insights for our communty's needs. and further develop a suite of services that supwt, inform. and empower our communty. continue to represent wr community at various IIKal civic forums and events, ensuring that we afe visible. and our voices are heard. IA*'ve continued to build on the success of our marketing and brand awane$S by imwowng our digital and physical assets, increasing our online engagement. arnl cfeats.ng a comprehensive community ralendar on our website.
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Stral•glc Alm 4: To oplirnise the use of the organisation's $(ree$ and systems ty.. Producing monthly reports. Monitoring project plans. . KeeFM'ng the organisation financiaty viable. What we have done '. Our Board of Trustees meel regularly to r8¥iew the ¢hariVs p•omwn¢e, goveman¢e, risk & stralegy. Minutes and actions are Produced and tracked to ensure efficiency. Regular ¢a$h llow and forecasting reports are created by the Treasurer as well as a regular review of polKies and procedures. This year we have completed a full review of all policies and procedures to ensure robust but senwtrle gernance structure5 are fijly implemented. Volunteer3 . Our Volunteers are the lifeblood of ts wcyk Q..allae dever. and Ylilhout our wonderful vdunteer team we wouldny be able to SUPFQrt half as many peoFle within wr wnmunty. Our vc4unteefS SUPPOrt us in all aspects of our work, from cperats.onal actmb.es lo represenbng al events and everythiro in betsveen. The amount of positsve feedback we receive about ¢)ur ¥dunleeTS is vast and thows that our team are passionate, dedicated arKI serious about uealing a better world for our LGBTQ+ community. should also recognise our of Strateg yteerS wtho frn the Board of Trustees and ensure the good governance and strategy of the thallty. This group regLAarfy give up Iheir time and expertise lo steer and support vital growing LG8TQ+ eommunty and are absolute Joy to ¥&ith Our experience over the past few years has been a lesson in how quickty thing$ Can Change. and in how being an agile and adaptable thaity is key to our survival. It has also shcNm us how much we rely on each oU)er for support, friendship, and knndness. Ours 1$ an ¢yganiOn fuelled by passion. and we've wl a rwer•ndry supply of it. The Futur• . Our Straleglc Futurn . Q'.alliance is in a good position finanualty and our focus for 20225 will be on delivering the ccFuealed Strategic Review 2024-2026 framework that grows Q".alliance fil for the city of Milton Keynes, Bedford and beycffid. We wll continue to look for opportunitses to diversify our income Stream. •2 at the same time recruiting talented people who can help make our puipose a reah"ty. Our Op•ration•l Fulur•: Our updated strategy will serve as our bluepnnl for htyv to grvw the charity so that il can property support, inform and empower our thriwng LGBTQ+ communty. Using this framewcyk we'll be ab lo quickly idèntify aThJ leverage opportunities to enhan our offerirgs. and ensure Q:alliance remairts a key community support offering for the next 20 years- and longerl th Thanks . Q.811ian¢e Wol1 not sumve to tinue our works witt1 a stream of lund$ and suprmjt to help su$taSn the organisalion. We would like lo hilIght a fthv of our aMarrtJ funders wth speual thanks.. BBC Children in Need Community Acti¢The Heath Ingqualths Collective Harpur Trust LGBT Consortium Milton Keynes Communty Foundalion Milton Keynes Rotary Club Swmathon National Lottery Commurmty Fund People's Health Twst Thames Valley Pdice The Health Lottery l of our amaing indivithjal contributors
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORD (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structurn. governance and management The Trustees. vtho are also the directcffs for the purpose of company law. and who served during the year and up to the date ol %gnatwe ol the finanThal stslements **re". Mr P Kingham Ms T J Richards. Chair Mr M Sanwell Ms R East {rewgned 19 September 2023) Mr S Eglinlon- Pacitti Ms R Middleton (resigned 31 January 20241 Ms M A 8utler- Quinn Mr P J Kellett Ms A LAverna-Joinl (resigned 12Awl 2022} Ms K Collins, Secretsry (Appointed 14 20231 (Appointed 9 Aprl 20241 Recwitm8nl and appointment of Inistees The Charty is registered as a limrted compwy. the Chair of the Board of Trustees identified as the Managing Director and some of the twstees being registered as Directors of the company. New Trustees are recruited b85ed on skills needs within the team and are adveth.sed publicly. Tru5tee5 are inducted through personal mentoring and support by attending monthly meetings and 1".1 rf requested. The strategic decisions are made by ¢SensuS by the Twstees at the fegular BO of Trustees meetirvJ. on condition that a quofum is present. TINS Twstee Report was approved by Ihe Board ofTw$tees on 22 September 2024. Trustee
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees {who are also the direct(Ks of the charity for the purposes of company law} are respon>ble for preparing the Trustees. report and the finala1 statements in accordance wth applicable law and UThted Kingdom Aunting Standards (Uniéed Kiryjdom Generalty AcceptedA¢¢ounting Pricel. Company law qUIreS the Trustees to prepare finane4al statements for eath financial . Under company law. Ihe Truslees musl nol appfove Ihe finanoal slalemenls unles$ theY.a satisfied that they give a true and fair view of the slate of affairs of the tharrty and ol rts incoming resources and application of resources, includiThJ its income and expenditure. for that period. In prepariNJ these finanaal statements. the Trustees are requre(I lo". solecl Suitab accounting policies and then apF4y them consistendy.. obserye the methods and win¢4e$ of the Charilie$ SORP IFRS 1021.. make judgments and accounting eslim8les that are reasonable and wudenl.. slate %¥thether appli¢able UK Ac¢ountKig Stsndard$ IFRS 102) have been foll¢)wed. $ubj8¢t to any material departures disclosed and exF4ained in the financial stalemerrts: prepare the finanoal statements the going nCern basis unless it is inappropriate to presume that the charity will conlinue n busine53. The Trustees are responsible for keeping adequate accounting records that are suffiaent to show and explain the charity's transactions and disdose wih reasone accuracy at any lime the financial posib.on of the ¢hanty and enable them lo ensure that the fiftan¢ial ststements comply wrth the Companies A¢1 2006. They arg also responsible for safeguardirwj the assets of the charity and hen for t*ing reasonable steps for the prevention and detection of fraud and other irregulanties.
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Q:ALLIANCE I report to Ihe Trustee$ on my eXaMinan of the finaTrial statements of QAlliance (the Charity) for the year ended 31 March 2024. Responslbllltles and basls of report As the Trustees of the Charity land also ils thr8Cttys for Ihe pwposes of rnPany law) you are responsible for the preparation of the finan¢ial statements in aTanCe the re(wirements of the Compani8$ Act 201% {the 20ths Act). Having satisfied myseff that the finanal SLementS of the Charity are not required to be audilej under Part 16 of the 2006 A¢t and are eligit4e for independent examinats"¢M, I reF#Jt in respect of my examination of the ChariVs financial statements carried out under seclion 145 of the Charibes Act 2011 (the 2011 Act). In carrying out my examination I have fdlowed 41 the apF4icable Direclions given by the Charty C¢ynmi$won under se¢lion 14515llbl of the 2011 Act. Independent examlnerfs statement I have wmpleted my examinabon. I confimi that no matters have come to my attention in connection with the examination giving me cause lo telieve that in any material respect.. accounting records were not kept in speCt of the Charty as requred by seth"M 366 of the 2006 Act,. or the financial statements do not accord those records.. or the financial statements do not COM wrth the ac¢ounlJ"ng requirements of section 396 of the 2006 Acl other than any requirement that the ac¢ount$ give a true and fair wew vthi¢h is nol a matter ¢on$idered as part of an independent examination., or the financial stalemenls have not been prepared in accordance with the mellxxls and principfes of the Slalemenl of RecommeTrJed Practi for accounting and reportiThJ by tharilies appli¢able lo tharities preparing their accounts in accordance ¥&ith the Finanaal Reporting Standard aprAicable in the UK aThJ Republic of Ireland IFRS 102). I have no concems and have come 8¢ross no Olher mattets in connecb.on with the examination lo which attention should be drawn in this report in order to enable a proper un¢Jerstandiry of the accounts to be reached. Thts rewt is made soldy to the dwriV$ Trustees. as a t4)dy. in accordance wth Pal 4 of the Charities (Accounts and Reports) Regulations 2008. My Wofk has been Urertaken so that I might state lo the charity's Trustees those mattets l am required to state lo them in an Indepenoenl exam1rS report and for olher purpose. To the fullest extent pemiitted by law. I do not accept or assume responsibilty to anyone other than the charity the charity's Trustees as a body. for my or for this re1. Crou¢hers Limited 1 Copperhou5e Court Caldecotte 8u&nes$ Park Milton Keynes Bu¢kinghamthre MK7 8NL England
Q.'ALLIANCE (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 trIcted Reslrlcted funds funds 2024 2024 Total Unreslrlcted Restrlcted fund5 funds 2023 2023 Ti>tal 2024 2023 In¢om• from: Donations and legacies 26,LTh)7 185.421 211.428 14.233 66,318 80,551 Total in¢orne 26.007 185.421 211,428 14.233 66.318 80.551 Expendlturn on: Charitable activities 12.883 133.333 146.216 79.319 86,411 Total expendlture 12,883 133.333 146.216 7.092 79.319 86.411 Net In¢omellexpendltsre) and movgment In fund$ 13,124 52.088 65.212 7.141 113,001) 15,860) Reconci15atlon of funds: Fund balances at 1 April 2023 12.215 48.707 60,922 5,074 61,708 66,782 Fund balances at 31 March 2024 25.339 100,795 126.134 12.215 48.707 60.922 The staternenl of financ adivilies indLths al gains dIosSeS recognised in Ihe year. Al irorne and expenditure derive from continuing activities.
Q:ALLIANCE {A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET ASAT 31 MARCH 2024 2024 2023 Cvrr•nl as$•ts Debtors Cash at l)ank and in hand 1.713 127.066 7.673 55,140 128.779 62,813 Creditots: amounts falling due within one year 10 {2.6451 {1.891) Not curreDI as$•ts 126,134 60,922 N¢1 assets excludlng p¢nslon Ilablllty 126.134 60,922 The funds of the Charity Restricted income funds Unrestricted fvnds 11 100.795 25.339 48,707 12,215 126,134 60,922 The charity is entitted to the exempts'on frLYn the atit requirement contained in se¢lion 477 of the Companies Act 2006. for the year ended 31 Marth 2024. The Trustees acknovledge their SponSIb.1$ for complying wilh the requirements of the Companies Act 2006 wlh respect to accounting records and the Preparati of financral statements. The members have not required the to obtain an audit of rts fnancial statements for the year in question in aordance wth secti 476. These financial statements have beèn wep*ed accordance the provisims applicable to companies subject to the small companies re9ime. The financial 8tstements we apwoved by the Trustees on ......... ....... .. ichards, Chair Tnte0 Company registrati¢)n number 03614823 {Englanil and Wales)
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACc{ntIng polkles Charlty Informaloon Q'.Alliance is a private company limited by guarantee incorporal8d in England and Wales. The regstered office is 77 Aston Drive,, Bra¢thvdl Abbey., Milton Keynes, England. MK13 9HG. 1.1 Accountlng conventlon The financial statements have been prepared in accordan¢e V*ith the Companies Act 2006. FRS 102 'Tr Finanaal Reporting Standard apFlicable in the UK and Republic of Ireland" fFRS 102.1 and the Charities SORP A¢counling and Reporting by Charities." Slalement of Recommended Practice applicable lo charilies preparing their accounts in axordan¢e wrth the Finala1 Rewting Standard applicable in the UK and Republic of Ireland IFRS 102)" leffecb've 1 January 20191. The Charity is a PublK Benefit Entty as defined by FRS 102. The Chanty has taken advantage of the provigons n the SORP for CharItS r1 to prepare a Statement of Cash Flows. The financial ststements a wepared in slwling. Wthich is Ihe functional currency of the Charity. Mone amounts in Ihese finanual stalements are rowxled to the nearest £. The financial statements have been prepared under the histLYical cost convention. The prinapal accounting policies adopted are set out bdow. 1.2 Golng concern At the lime of approving the finanaal statements, the Trustees have a reasonatAe expectation that the Charity has adequate resources to continue in operational ex4Sten¢e for the foreseeable fulure. Thus the Tntslees continue to adopt the w¥ng nCern basis of accounting in preparing Ihe finanual statements. 1.3 Charltsble fvnds General funds are Un$tried fuThJs lch are available for use al the disLxlI of the Trustees in futhrance of the general obJ"ectives of the charty and whKh have nol been dewgnaled for other purposes. Deggnated funds compnse unrestricted lunds that have been set awde by the Trustees for particular purposes. The aim and use of each dosignated fund is set out in the notes to the finanaal statemenls. Restri¢te¢J fvnds a funds wttich a to be use¢J in accordan with $ifiC restridions imposed ty donors or which have been raised by the chanty for paiticular purposes. The costs of raising and administering such fijnds are charged against the specrfK fund. The aim and use ol each restn"¢ted fund is set out in the notes lo the financial slatemenls. 1.4 Income All income is rewnised once the charity has entitlement lo the income. it is probat4e that the income will be received and the amount of income receivable Can be measured relia.
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcl•$ (Contlnuedl 1.6 Expendlturn Expenditure is re¢ognised on¢e there is a legal or ¢Struthe ot419an lo transfer economic benefit to a third paty, it is probable that a transfer of OnoMiC benefits vrill be required in settlement and ¢he amount of the obligalion can be meawred relbabty. Expenditure is dassified by activity. The costs of each adivty are made up of the total of di¢1 ¢osts and shared costs, irKluding support ¢osls involved in undertaking each activity. Direct costs attributable to a %ngle aCtIty are alkxaled directly lo that alty. Strkared 51$ which contn'bthe to more Ihan one activty and support wsts ¥h)ich are not altributable to a %ngEe activity are apportioned between those actNrties on a basis consistent with Ihe use of resources. Central staff costs are allocated on the basis of time spenl. and depreciati¢Jn charges all0&ed on the portrn ol the asset's use. Expendilure on charitable aclivitses is incurred on de¢llY undertaking the actIVeS which further the charity's objectives. as well a5 any asscKiated supwt costs. All expen¢lure 1$ indusive of WVeratIe VAT. 1.6 Tanglble Ilxed as$ets Oepreciation is recognised $0 as to wriie off the $1 or Vauall of assets less their residual values over their Useful lives on the fotlowing bases= Plant and equipment Fixtures and fittings 33 % straight line 33 % straight line The gain or loss ansing on the disposal of an asset is detemined as the difference behveen thè sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activrties. 1.7 Cash and cash equ5valents Cash at bank and in hand indudes cash and Sht-le1rn hwhly liquid investments with a short maturity of three m¢x¢th$ sy less from the date of aequisrtion or opening of the deposit or similar ac¢wnt. 1.8 Financial in$trum•nts The charty On has financi as5els and financial b'abilities of a kind that qualify as basic financial instrurnenls. 8asi¢ financial instrument5 are initially reeognised at transaction value and Subsequently measured at their setuemenl value wtlh the excepts.on of bank loans whith are subSequenY measu al amortised cost using the effective interest method. 1.9 Retirement b•nefits The charity operates a defined contribution pension sdleme and the pension charge reprentS the amounts payable by the Charity to the fund in respect of Ihe year. 1.10 Llab116tles and provisions Liabilrties are recognised en there is an 019allOn at the Balan sheet date as a re&At of a past event, it is probable that a transfer of econ¢)mic benefft will be reWd N) settlement. and the amount of the ttlement can be eslimated rdiably. Liatility'es are recognised al the amount that the ¢harty anti¢ipates il wll pay lo Settle the debt or the amount il has received as advae payments for the goods or seNi¢es il musl provide. Provisp)ns are measure(l al the best estimate of the amounts required 10 settle the obligation. Vthere the effect of the lime value of money is material, the wovision is based on the psent value of those amounts, discounted al the prtrtsx discount rate that refiects the risks spèufi¢ lo the Ibabilty. The Thirvjiw of the discount is recogni$ed in the Slatemenl of financial acbvibes as a finance cost. 10-
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donatlons and legacles Unrestrict•d R•strict•d funds funds 2024 2024 T¢)L*l Unrestricted Restrlcted funds funds 2023 2023 Total 2024 2023 Donations and gffts 26.007 185,421 211.428 14.233 66.318 80.551 Expenditure on charitable activilies Charitable Charltable Expendltuve Expendtture 2024 2023 DIT•¢t costs Stsff cos15 General Admin Rent and Rates Accounliry Soare Inlemel Printing & stationery Insurance Adverb"sing Subscriptions Travelling Accounioncy fees Staff Training 105.780 23.824 2,996 474 1,002 227 1.378 4,130 63.039 14.966 1.000 446 1,211 161 1.183 800 1.605 2,000 2,965 2.138 758 146.216 86.411 Analysls by fund Unreslricled fvnds Restn"eted funds 12.883 133.333 7,092 79.319 146,216 86,411 Trustees During the year. no Trusloes r01¥8 any remLmeration or (ther benefits12023- £NILI. During the year ended 31 Marth 2024. no Tntstee expenses have been wKuffed12023- £NILI. 11
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employe•s The average monthly number of employees dwyvj tr year was.. 2024 Mumb•r 2023 Nmber Employment c¢)sts 2024 2023 Wages and salaries Social security costs Other pension costs 100.884 2.947 1.949 62.120 919 105.780 63,039 There were no employees whose anr iemwiatkJn was more than £60.000. Independent examlnefs remuneratlon The independent examiner's remuneration amourts lo an irthpendent examiner fees of £1.785 (2023 £1,700). Taxation The charity is exempt from laxatijn on its actiwlie5 because all lis income is applied for charrtable purposes. Flnanclal Instrnments 2024 2023 Financlal assets In$lrumenl$ measured at fair vakne I9h IlMe and expendrtwe 127.066 55,140 Debtorys 2024 2023 Amounts falllng due within one ye•r. Trade debtors Prepayments antj acuued ir(¥e 1.463 250 7.673 1.713 7.673 12-
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 10 Credltors.. amounts falling due wlthkn one year 2024 2023 Trade credrtors A¢cwal$ and deferred inctyne 191 1,70Q 1,785 2.645 1.891 11 R•strict•d funds The restricted funds of the charity compnse the unexpended balances of donations and grants held on tfust subFct to speCrf conditions by donors as to how Ihey may be used. At 1 April 2023 Incofflln9 rnsour¢es Resources expond•d TransfeTr At 31 March 2024 Youih Group- Bedford MKCFTG National Lottery MK Mental Health Alliance Reserves LGBTO+ Futures.. Equity Fund BBC Children In Need GTYMK The Heatth lnew4th.es Collective Mindfvlne$$ Other Funds 8&Q Community Day MK Counol People's Health Trust 13,300 {8.6371 1.590 59.9551 (3,510) {11.7501 17,4621 (6.171) 5,309 (1.5911 73,952 13,997 3,579 1,251 238 3,765 (3,6451 7.089 13.001 7,700 9.936 (3,6451 9.774 6.624 1827) 15.682 110.259) 13,545) 15,197 3,079 18271 10.000 2,300 32,320 4.233 10,000 10.000 2.300 50.000 10.187 10,000 {17.6801 (5.9541 48,707 185.421 (133,333) 100.795 13-
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 11 Restrl¢t¢d furbds (Continued) Previous year: At 1 Aprll 2022 Incoming resources Resources expended Transfers At 31 March 2023 Youth GrtsJp- 8edford mKCG National Lottery MK Mental Health Ajliance Reserves Woughlon Y¢yJth Art Project Pride".MK LGBTQ+ FLrtures'. Equty Fund BBC Children In Need GTYMK The Health Inequalities Collective Mindlulness General Fund 2.813 34.017 4.811 10.050 112.217) 135.608) 14.811} 119,548) {1,5911 21,671 7,089 13,001 13.1101 2.100 12.1W) 1.037 7.700 10.436 {1,0371 7,700 9.936 (3,6451 15001 {3.645) 10.000 7.524 (2261 {9} 1827) 9,774 6.624 1827} 61.708 66.318 179.319) 48,707 12 Unrnstrlcl•d funds The unrestricted funds of the charty o)mprise the unexpended balances of donations and grants vthich are not subject to specific conditions by donors and grantors as to how they may be use¢J. These indude designated funds 1¢h have been set aside oul of uNe5tricted ftwKls by the trustees for speafic purpose5. At 1 Aprfl 2023 Incomlng Resources At 31 March resour$ expended 2024 Youth Groups MK General Fund ReseThes 4.723 1,380 6.112 4,723 17.617 2.999 29,120 (3.113) (12.8831 12.215 26.007 112.883) 25.339 Prnvlous year: At 1 Aprfl 2022 Incomlng ReSoUe8 At 31 March sources expended 2023 Youth Groups MK General Fund Reserves 4.723 351 4,723 1.380 6.112 8.075 6,158 (7,046) (461 5.074 14,233 17.0921 12,215 14-
Q:ALLIANCE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Unrestricted lund$ {Contlnued) ReseNes '. Represents the new Reseryes Policy that was imr4emented vnlh the aim to rebLJild a reserve of 8 months of core $ts. This is dassed as restrided as Ihe t*)ard of Twstees must vote on any use of these reserve Youlh Group Bedford .' this is the Bedlord brand) of Q..allnce. It is entirety SdlsufficI in temi$ of funding, receiving 3year tr4o¢ks of restrirAed furnling from the HarpurTrusL MK Community Foundatson Tran5formatson Grant (MKCFTG) '. This is a grant to ojver charty management costs and ass¢xialed ovetheads. National Lottery Commwmty FndatIOn Transformation Grant .' 6 month prowam to cover salaries and running costs. MK Menlal Healih Alliance inequalibes for LGBTQIA+. a grant to cover salaries aTrJ running costs to help mental heath Vloughlon Youth Art Project .' Ihis fwKling ha$ not been used W are preparing to retum the grant. Anglian Water Positive Diffefence '. Support running costs so that staff can fcKus on engagement. 5UPPOrt. infonnatx)n sharing and signposting for LGBTQIA+ people in Milton Keynes. 13 Anatysi5 of net assets between fund$ Unrestricted fund$ 2024 R¢str5ctod funds 2024 Total 2024 At 31 March 2024". Current asselsllli8bilities) 25.339 1rxi.795 126,134 25.339 IW.795 126.134 Unrestrlcted funds 2023 Rostrlcted funds 2023 Total 2023 At 31 March 2023- Current assetsllliabilitiesl 12,215 48,707 60.922 12.215 48.707 60.922 15-