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 (re￿gr￿d 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$1 March 2024, and consider
that the Charity is in a strong posits￿ lo ¢ont#iue its acbvilies the coming year. and that the tharivs assets
are adequate to fulfil its oblig*ions.
Name and registered office of the chaiity '.
Q'.alliance, 77 Alston Drive. BradweN Abbey. Mlton Keynes. MK13 9HG
Regislefed Charity No.. 10701011 Company No. 03614823
The financial slatemenls have been prepared in accordance wth the accounb.ng policies set out in note 1 to the
financial statements and compty with the chari￿s Igoveming d￿menti, the Ccmpanies Act 2006 and -Accounting
and Reporting by Chanties." Statement of Recommended Pra¢lt¢e appli¢able lo Charities preparing their accounls in
ac¢ordan¢e with the Finan¢Fal Reporting StaNJard appIl￿tle in the UK and Rwic of Ireland IFRS
102}. {effective 1 January 2019}.
Our Mlsslon
Q'.alliance exists to support a safe and infcymed LGBTQ+ community in arwj around Milion Keynes and Bedford,
that feels empowered to ¢Mln"bute fvlly to 8 healthy society. A bxal communty where LGBTQ+ people can livg,
work, and socialise positively and safely. so th* Milion Keynes. its SU￿OUrKIIng area5. and Bedford, are places
where we can make p￿tive Ch￿CeS about our INes. a￿Sted. and encouraged by publ￿, private and voluntsry
agenaes. This mission ts reviewed annually by the trustees.
Publlc Benefft
Q'.alliance is a resource for the entire coffKnunty and seNce users are people who INe. work. or sociallse In and
around Milten Keynes and Bedford. and who require infomialion or supp)rt aboLrt LGBTQ+ issues.
Maln Objectlve for 1st Aprll 2023- 31st March 2024
This period has seen subslantsal grovrth in our ser¥ios as we right size Ourselves for the growing populace. Our
main objectives for thi$ 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￿ a￿e 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.
corn￿ete 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. le￿nis1n9 the hard work arKI SUC￿$$ of our
Operations Manager wth a board approved fixed temi p0S￿on.
Inereased our vclume of paHI staff by 33% to better wovide sta￿liSed organisational structures supwt
seNce delNery.
We completed a comprehen$r¥e strategc Tewew of al service offerings, adjustsng as needed lo ensure
value to our communty.
Based on our inueased staffing ￿ts, we￿e adjusted ow Reseryes, target to £18.000 are on trxk to
admeve this target in Q4 2024.
Slrateglc Alm 2:
To enable & empower LGBTQ+ people in Milton Keynes. Bedford. ar#d lh8 s￿￿O￿nding areas to make a wsilive
contribution lo their commuThts"es by improving *gn postings arKI referrals to other sup￿1 services where
appropriate.
What we have done .
In thi$ 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 Ke￿5 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 a￿e$S Q'allia￿ resources for their LGBTa+ student's
wellbeing.
These are but a few examples of the myriad of businesse$. 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 S￿pOrt 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 coMmun￿tIOnS & 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 awa￿ne$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$h llow and forecasting reports are created by the
Treasurer as well as a regular review of polKies and procedures. This year we have completed a full review of all
policies and procedures to ensure robust but senwtrle g￿ernance structure5 are fijly implemented.
Volunteer3 .
Our Volunteers are the lifeblood of ts wcyk Q..alla￿e ￿ de￿ver. and Ylilhout our wonderful vdunteer team we
wouldny be able to SUPFQrt half as many peoFle within wr wnmunty.
Our vc4unteefS SUPPOrt us in all aspects of our work, from cperats.onal actmb.es lo represenbng al events and
everythiro in betsveen. The amount of positsve feedback we receive about ¢)ur ¥dunleeTS is vast and thows that our
team are passionate, dedicated arKI serious about uealing a better world for our LGBTQ+ community.
should also recognise our of Strateg￿ y￿￿teerS wtho f￿rn the Board of Trustees and ensure the good
governance and strategy of the thallty. This group regLAarfy give up Iheir time and expertise lo steer and support
vital growing LG8TQ+ eommunty and are ￿ absolute Joy to ¥&ith
Our experience over the past few years has been a lesson in how quickty thing$ 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 ¢ygani￿￿On 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 202*25 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 Wol￿1 not sumve to ￿tinue our works witt￿1 a stream of lund$ and suprmjt to help su$taSn the
organisalion. We would like lo hi￿lIght a fthv of our aMa￿rrtJ 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 fina￿la1 statements in accordance wth applicable law and UThted Kingdom
A￿unting Standards (Uniéed Kiryjdom Generalty AcceptedA¢¢ounting Pr*icel.
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¢4￿e$ 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 reason*￿e 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 eXaMina￿n 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 a￿T￿anCe ￿ the re(wirements of the Compani8$ Act 201% {the 20ths
Act).
Having satisfied myseff that the finan￿al SL￿ementS 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 Ur￿ertaken so that I might state lo the charity's Trustees those
mattets l am required to state lo them in an Indepenoenl exam1r￿S 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 re￿1.
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 ir￿orne 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 a￿tit 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
a￿ordance 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 w￿e apwoved by the Trustees on ......... ....... ..
ichards, Chair
Tn￿te0
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 Fina￿la1 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 CharIt￿S r￿1 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￿$tri￿ed 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 ot419a￿n 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 aCtI￿ty are alkxaled directly lo that a￿l￿ty. 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 d￿e¢llY undertaking the actIV￿eS which further the charity's
objectives. as well a5 any asscKiated supwt costs.
All expen¢*lure 1$ indusive of W￿￿VeratIe VAT.
1.6 Tanglble Ilxed as$ets
Oepreciation is recognised $0 as to wriie off the ￿$1 or Vauall￿ of assets less their residual values over their
Useful lives on the fotlowing bases=
Plant and equipment
Fixtures and fittings
33 % straight line
33 % straight line
The gain or loss ansing on the disposal of an asset is detemined as the difference behveen thè sale proceeds
and the carrying value of the asset. and is recognised in the statement of financial activrties.
1.7 Cash and cash equ5valents
Cash at bank and in hand indudes cash and Sh￿t-le1rn hwhly liquid investments with a short maturity of three
m¢x¢th$ sy less from the date of aequisrtion or opening of the deposit or similar ac¢wnt.
1.8 Financial in$trum•nts
The charty On￿ has financi￿ as5els and financial b'abilities of a kind that qualify as basic financial
instrurnenls. 8asi¢ financial instrument5 are initially reeognised at transaction value and Subsequently
measured at their setuemenl value wtlh the excepts.on of bank loans whith are subSequen￿Y measu￿￿ al
amortised cost using the effective interest method.
1.9 Retirement b•nefits
The charity operates a defined contribution pension sdleme and the pension charge repr￿entS the amounts
payable by the Charity to the fund in respect of Ihe year.
1.10 Llab116tles and provisions
Liabilrties are recognised ￿en there is an 0￿19allOn at the Balan￿ sheet date as a re&At of a past event, it is
probable that a transfer of econ¢)mic benefft will be reW￿d N) settlement. and the amount of the *ttlement
can be eslimated rdiably.
Liatility'es are recognised al the amount that the ¢harty anti¢ipates il wll pay lo Settle the debt or the amount il
has received as adva￿e￿ payments for the goods or seNi¢es il musl provide.
Provisp)ns are measure(l al the best estimate of the amounts required 10 settle the obligation. Vthere the
effect of the lime value of money is material, the wovision is based on the p￿sent value of those amounts,
discounted al the prtrtsx discount rate that refiects the risks spèufi¢ lo the Ibabilty. The Thirvjiw of the
discount is recogni$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 So￿are
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 r￿01¥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
N￿mber
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￿￿ iemw*iatkJn 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 I￿￿9h I￿lMe 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
mKC￿G
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 ReSoU￿e8 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 ￿$ts. This is dassed as restrided as Ihe t*)ard of Twstees must vote on any use of these
reserve
Youlh Group Bedford .' this is the Bedlord brand) of Q..all￿nce. It is entirety Sdlsuffic￿I in temi$ 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 F￿ndatIOn 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-