| Trustees | Alan Palmer —Chair | |||||||
|---|---|---|---|---|---|---|---|---|
| Timothy James O'Rahilly —Vice Chair | ||||||||
| Roland Thomas Brunner - Treasurer |
||||||||
| lan Richard Watters | ||||||||
| Andrew Frank Goodhead |
(Resigned | on 07 March 2023) | ||||||
| Michael Harvey | ||||||||
| Dr Rory McGill | ||||||||
| Shamal Waraich | ||||||||
| John Stone | (Resigned | on 13July 2022) | ||||||
| Mark Edward Lewis |
(Appointed | on 13September 2023) | ||||||
| Jonathan Haworth |
(Appointed | on 13September 2023) | ||||||
| Charity | number | 1076854 | ||||||
| Company | number | 2702133 | ||||||
| Senior Management | Team | lan Howley —Chief Executive Officer | ||||||
| Registered | office | The Link, Unit 74 | ||||||
| 49 Effra Road | ||||||||
| London | ||||||||
| England | ||||||||
| SW2 1BZ | ||||||||
| Independent | examiner | Samir Shah FCA, ATII | ||||||
| Ramon Lee Ltd | ||||||||
| Chartered Accountants |
||||||||
| 93Tabernacle Street | ||||||||
| London | ||||||||
| EC2A 4BA | ||||||||
| Bankers | National Westminster |
Bank pic | ||||||
| 332 High Holborn | ||||||||
| London | ||||||||
| WC1V 7PS |
| Unrestricted | Designated | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | 2023 | 2022 | |||
| 2023 | 2023 | 2023 | |||||
| Notes | |||||||
| Income and endowments | from: | ||||||
| Donations and legacies |
160,189 | 160,189 | 34,148 | ||||
| Charitable activities |
5,290 | 264,008 | 269,298 | 167,034 | |||
| Investments | 671 | 671 | 11 | ||||
| Other income | 29,119 | ||||||
| Total income | 166,150 | 264,008 | 430,158 | 230,312 | |||
| Ex enditure on: | |||||||
| Raising funds | 10,254 | 10,254 | 88,267 | ||||
| Charitable activities |
65,919 | 163,718 | 229,637 | 194,272 | |||
| Total expenditure | 76,173 | 163,718 | 239,891 | 282,539 | |||
| Net income/(expenditure) | for the | year/ | |||||
| Net movement in funds |
89,977 | 100,290 | 190,267 | (52,227) | |||
| Net income/(expenditure) | for the | year/ | |||||
| Fund balances at 1 April 2022 | 44,524 | 30,000 | 74,524 | 126,751 | |||
| Fund balances at 31 March 2023 | 134,501 | 30,000 | 100,290 | 264,791 | 74,524 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Fixed assets | ||||||
| Tangible assets | 12 | 4,451 | 5,711 | |||
| Current assets | ||||||
| Debtors | 13 | 13,583 | 11,324 | |||
| Cash at bank and in | hand | 272,205 | 72,567 | |||
| 285,788 | 83,891 | |||||
| Creditors: amounts | falling due within | |||||
| one year | 14 | (25,448) | (15,078) | |||
| Net current assets | 260,340 | 68,813 | ||||
| Total assets less current liabilities | 264,791 | 74,524 | ||||
| Income funds | ||||||
| Restricted funds |
100,290 | |||||
| Unrestricted funds - |
eneral | |||||
| Designated funds |
30,000 | 30,000 | ||||
| General unrestricted |
funds | 134,501 | 44,524 | |||
| 164,501 | 74,524 | |||||
| 264,791 | 74,524 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | 2023 | 2022 | |
| Donations | 17,937 | 17,937 | 20,745 | |
| Gift Aid | 5,675 | 5,675 | 3,683 | |
| Hatta Hodson Legacy | 5,000 | |||
| Community Fundraising |
4,937 | 4,937 | 4,604 | |
| Luis Arther Legacy Fund | 55,000 | 55,000 | ||
| Rob Dawson Fund |
6,640 | 6,640 | ||
| Other donations | 116 | |||
| lan cosh Legacy | 70,000 | 70,000 | ||
| 160,189 | 160,189 | 34,148 | ||
| For the year ended 31 March 2022 | 34,118 | 30 | 34,148 |
| Charitable | activ | ities | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Community | Outreach | 8 | Project | Total | Total | |||||||
| Development | Support | Development | 2023 | 2022 | ||||||||
| and | ||||||||||||
| Campaigning | ||||||||||||
| Abbvie HIV Peer |
Support | 6,339 | 6,339 | |||||||||
| Big Lottery | - Awards | for All | 8,809 | 8,809 | 8,965 | |||||||
| City Bridge | Trust | - LGBTQ+ | London engagement | 17,438 | 17,438 | |||||||
| City Bridge | Trust | - London | Project | 32,207 | 32,207 | 32,257 | ||||||
| Department | of Health and | Social | Care - Suicide | |||||||||
| Prevention | Fund | 10,408 | ||||||||||
| FSads | 4,503 | 4,503 | 2,850 | |||||||||
| FSapps | 787 | 787 | 1,289 | |||||||||
| Gilead Monkeypox | 25,330 | 25,330 | ||||||||||
| Gilead Sciences | Ltd | - Trans | HIV | Prevention | ||||||||
| Programme | 5,275 | 5,275 | 24,853 | |||||||||
| GLA Voting | ID | 11,250 | 11,250 | |||||||||
| Gilead Sciences | Ltd | - The | Sexual Wellbeing | |||||||||
| Project | 10,000 | |||||||||||
| London Borough | of Lambeth | - Whole System | ||||||||||
| Approach | 60,079 | 60,079 | 36,915 | |||||||||
| Lambeth Community |
Fund | 9,447 | 9,447 | |||||||||
| MSD Online Peer Support | 8,935 | |||||||||||
| National Lottery |
Community | Fund - London | ||||||||||
| Friend and | Elop | 26,645 | 26,645 | 17,702 | ||||||||
| National Lottery |
Heritage | Fund | 39,340 | 39,340 | ||||||||
| The McCarthy Stone Charitable | Foundation | 4,895 | 4,895 | |||||||||
| United Kingdom |
Health Security | Agency | 16,954 | 16,954 | ||||||||
| ViiV Online | Peer | Support | BAME | 12,860 | ||||||||
| 60,079 | 96,971 | 112,248 | 269,298 | 167,034 | ||||||||
| Analysis by fund |
||||||||||||
| Unrestricted | funds - | general | 5,290 | 5,290 | 4,139 | |||||||
| Restricted | funds | 60,079 | 96,971 | 106,958 | 264,008 | 162,895 | ||||||
| 60,079 | 96,971 | 112,248 | 269,298 | 167,034 | ||||||||
| Forthe year ended | 31 March 2022 | |||||||||||
| Unrestricted | funds - | general | 4,139 | 4,139 | ||||||||
| Restricted | funds | 36,915 | 82,162 | 43,818 | 162,895 | |||||||
| 36,915 | 82,162 | 47,957 | 167,034 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | 2023 | 2022 | |
| Rental income | 671 | 671 | |
| 671 | 671 | ||
| For the year ended 31 March 2022 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | 2023 | 2022 | |
| F | F | F | |
| HMRC Job Retention Scheme | 29,119 | ||
| 29,119 | |||
| For the year ended 31 March 2022 | 29,119 | 29,119 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | 2023 | 2022 | ||
| Staff costs | 4,863 | 4,863 | 61,535 | |
| Fundraising | costs | 4,548 | 4,548 | 857 |
| Support costs | 711 | 711 | 23,711 | |
| Governance | costs | 132 | 132 | 2,164 |
| 10,254 | 10,254 | 88,267 | ||
| For the year | ended 31 March 2022 | |||
| Fundraising | and publicity | 88,267 | 88,267 | |
| 88,267 | 88,267 |
| Community | Outreach & |
Project | Policy | Total | Total | |||
|---|---|---|---|---|---|---|---|---|
| Development | Support | Development & |
2023 | 2022 | ||||
| Campaigning | ||||||||
| f | ||||||||
| Staff costs | 48,703 | 49,955 | 63,748 | 1,878 | 164,284 | 112,125 | ||
| Project costs | 4,750 | 9,303 | 10,547 | 24,600 | 24,501 | |||
| 53,453 | 59,258 | 74,295 | 1,878 | 188,884 | 136,626 | |||
| Share ofsupport costs | ||||||||
| (see note 9) | 8,915 | 11,452 | 13,775 | 237 | 34,379 | 52,825 | ||
| Share ofgovernance | ||||||||
| costs (see | note 9) | 1,653 | 2,123 | 2,554 | 44 | 6,374 | 4,821 | |
| 64,021 | 72,833 | 90,624 | 2,159 | 229,637 | 194,272 | |||
| Analysis by |
fund | |||||||
| Unrestricted | funds- | |||||||
| general | 21,658 | 5,080 | 37,022 | 2,159 | 65,919 | 18,440 | ||
| Restricted | funds | 42,363 | 67,753 | 53,602 | 163,718 | 175,832 | ||
| 64,021 | 72,833 | 90,624 | 2,159 | 229,637 | 194,272 | |||
| For the year | ended 31 | March 2022 | ||||||
| Unrestricted | funds- | |||||||
| general | 18,440 | 18,440 | ||||||
| Restricted | funds | 21,472 | 82,410 | 71,950 | 175,832 | |||
| 21,472 | 82,410 | 90,390 | 194,272 |
| 9 | Support cos | ts | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Support | Governance | Total | Total | ||||||||
| costs | costs | 2023 | 2022 | ||||||||
| Staff costs | 2,985 | 3,756 | 6,741 | 50,604 | |||||||
| Depreciation | 2,398 | 2,398 | 2,475 | ||||||||
| Premises costs | 11,380 | 11,380 | 14,845 | ||||||||
| Office Costs | 6,000 | 6,000 | 4,936 | ||||||||
| Other costs | 1,653 | 1,653 | 4,973 | ||||||||
| Legal &professional | costs | 48 | 48 | 13 | |||||||
| Accountancy | & | Payroll costs | 10,626 | 10,626 | 3,101 | ||||||
| Independent | examiner's | fees | 2,750 | 2,750 | 2,574 | ||||||
| 35,090 | 6,506 | 41,596 | 83,521 | ||||||||
| Analysed between |
|||||||||||
| Fundraising | 711 | 132 | 843 | 25,875 | |||||||
| Charitable activities |
34,379 | 6,374 | 40,753 | 57,646 | |||||||
| 35,090 | 6,506 | 41,596 | 83,521 | ||||||||
| 10 | Net movement | in funds | 2023 | 2022 | |||||||
| Net movement | in funds is | stated | after charging/(crediting) | ||||||||
| Depreciation | of | owned tangible | fixed assets | 2,398 | 2,475 | ||||||
| Operating Lease Rentals: |
Property | 9,812 | 11,441 | ||||||||
| Independent | examiner's | fees | |||||||||
| Independent | Examination | 1,800 | 1,600 | ||||||||
| Other services | 950 | 900 | |||||||||
| 2,750 | 2,500 |
| The avera | ge | monthly | number ofemployees during the year w |
as: | |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Number | Number | ||||
| Raising Funds | 0.08 | 0.90 | |||
| Community | Development | 0.94 | 0.21 | ||
| Outreach | 8 | Support | 1.21 | 0.88 | |
| Project Development | and Campaigning | 1.45 | 0.92 | ||
| Support | 0.05 | 0.88 | |||
| Governance | 0.05 | 0.05 | |||
| Total | 3.78 | 3.84 |
| Employment | Employment | costs | 2023 | 2022 |
|---|---|---|---|---|
| Wages | and | salaries | 156,146 | 170,734 |
| Redundancy | 30,000 | |||
| National | Insurance | 11,935 | 15,449 | |
| Pension | 7,807 | 8,081 | ||
| 175,888 | 224,264 |
| Tangible fix | ed asset | s | |||
|---|---|---|---|---|---|
| Fixtures and | Computer | Total | |||
| fittings | equipment | ||||
| Cost | |||||
| At 1 April 2022 | 4,818 | 18,522 | 23,340 | ||
| Additions | 1,139 | 1,139 | |||
| At 31 March | 2023 | 4,818 | 19,661 | 24,479 | |
| Depreciation | and impairment | ||||
| At 1 April 2022 | 3,325 | 14,305 | 17,630 | ||
| Depreciation | charged | in the year | 374 | 2,024 | 2,398 |
| At 31 March | 2023 | 3,699 | 16,329 | 20,028 | |
| Carrying amount |
|||||
| At 31 March | 2023 | 1,119 | 3,332 | 4,451 | |
| At 31 March | 2022 | 1,493 | 4,218 | 5,711 |
| Debtors | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Amounts falling due within one year: |
||||
| Trade debtors | 700 | 127 | ||
| Other debtors | 7,584 | 5,593 | ||
| Prepayments | 5,299 | 5,604 | ||
| 13,583 | 11,324 | |||
| Creditors: amounts | falling due within one year | |||
| 2023 | 2022 | |||
| Notes | ||||
| Trade creditors | 1,023 | 6,220 | ||
| Taxation and social security | 11,560 | 4,994 | ||
| Deferred income | 15 | 8,943 | ||
| Other creditors | 1,146 | 1,238 | ||
| Accruals | 2,776 | 2,626 | ||
| 25,448 | 15,078 |
| Deferred | income is incl | uded | in the financial statements as follo |
ws: | |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| E | |||||
| Deferred | income is included | within: | |||
| Current | liabilities | 8,943 | |||
| 8,943 | |||||
| Movements in the year: |
|||||
| Deferred | income at 1 April 2022 | ||||
| Released from previous | periods | 8,943 | |||
| Deferred | income at 31 | March | 2023 | 8,943 |
| Movement | in | funds | Movement | in | funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | |||||||
| 1 April 2021 | resources | expended | 1 April 2022 | resources | expended | 31 March 2023 | |||||||
| F | E | f. | E | f | f. | ||||||||
| City Bridge Trust - London Project | 32,257 | (32,257) | 32,207 | (24,962) | 7,245 | ||||||||
| Department of Health and Social |
Care - Suicide Prevention | Fund | 10,408 | (10,408) | |||||||||
| MSD Online Peer Support | 8,935 | (8,935) | |||||||||||
| Gilead Sciences Ltd - The Sexual Wellbeing | Project | 10,000 | (10,000) | ||||||||||
| Gilead Sciences Ltd - Trans HIV | Prevention | Programme | 24,853 | (24,853) | 5,275 | (5,275) | |||||||
| ViiV Online Peer Support BAME |
12,860 | (12,860) | |||||||||||
| MSD Online Peer Support | 8,965 | (8,965) | |||||||||||
| National Lottery Community Fund - London |
Friend and Elop | 17,702 | (17,702) | 26,645 | (26,645) | ||||||||
| I ondon Borough of Lambeth - | Whole System Approach | 36,915 | (36,915) | 60,079 | (42,363) | 17,716 | |||||||
| MAC Cosmetic- Ester Lauder | 6,452 | (6,452) | |||||||||||
| London Community Response |
Fund Covid-19 | 5,147 | (5,147) | ||||||||||
| ViiV Healthcare UK Ltd - Peer |
support | 808 | (808) | ||||||||||
| Merck Sharp 8 Dohme (UK) Ltd | - Peer Support | 300 | (300) | ||||||||||
| Abbvie HIV Peer Support |
200 | (200) | 6,339 | (4,017) | 2,322 | ||||||||
| Other donations | 30 | (30) | |||||||||||
| City Bridge Trust - LGBTQ+ London engagement | 17,438 | (5,941) | 11,497 | ||||||||||
| The McCarthy Stone Charitable | Foundation | 4,896 | (3,434) | 1,462 | |||||||||
| Lambeth Community Fund |
9,447 | 2,756 | 6,691 | ||||||||||
| Gilead Monkeypox | 25,330 | (13,302) | 12,028 | ||||||||||
| GLA Voting ID |
11,250 | (8,001) | 3,249 | ||||||||||
| UK Health Security Agency | 16,954 | (5,036) | 11,918 | ||||||||||
| Big Lottery - Awards for All | 8,809 | (350) | 8,459 | ||||||||||
| National Lottery Heritage Fund |
39,340 | (21,637) | 17,703 | ||||||||||
| 12,907 | 162,925 | (175,832) | 264,009 | (163,719) | 100,290 |
| City Bridge Trust | - LGBTQ+ London engagement project: This fund was used to develop a mapping |
tool for LGBTQ+ support | organisations | organisations | organisations | in London. The | in London. The | project, | project, | |
|---|---|---|---|---|---|---|---|---|---|---|
| in partnership with |
the LGBTConsortium, aimed to find gaps in the system on a local level and highlight areas where services are |
oversubscribed. | HERO developed | the | ||||||
| mapping tool and promoted its services to LGBTQ+ people, commissioners and potential funders. |
||||||||||
| AbbVie LTD: Funding towards supporting gay, bisexual and trans men from minority ethnic backgrounds |
who are living with HIV. |
|||||||||
| National Lottery |
Heritage Fund: Funding towards capturing the history of GMFA (Gay Men Fighting AIDS) by creating an |
online | archive | and capturing |
verbal | |||||
| conversations. | ||||||||||
| McCarthy and Stone Foundation: Funding to support for older LGBTQ+ people in London by providing |
online peer-support. | |||||||||
| Big Lottery Awards for all: Funding towards developing a new information hub and campaign focused on suicide within the LGBTQ+ community. |
||||||||||
| National Lottery |
Community Fund (London Friend and Elop): Funding towards a new three year |
programme to help improve the |
mental | wellbeing | of LGBTQ+ | |||||
| people by providing |
online peer-support groups and developing awareness campaigns in partnership with |
London Friend and Elop. | ||||||||
| London Borough |
of Lambeth (Whole System Approach): Funding towards extending the ongoing |
programme to support Lambeth |
Council | in how | it supports | its | ||||
| I GBTQ+ residents. | LGBT HERO is funded to trial a new safer space initiative to help increase the number |
ofsafe spaces for LGBTQ+ people | in Lambeth. | |||||||
| Gilead Sciences | Ltd - MPox: This fund was used to develop an information and a public information campaign focused on |
increasing | awareness | around | mpox | |||||
| (monkeypox) for those most at risk. |
||||||||||
| Gilead Sciences Ltd —Positive HangOuts: This fund was used to develop a support groups for men living with HIV |
||||||||||
| GLAI Grassroots | London: This fund was used to develop a voter ID awareness project to inform LGBTQ+ people about the new |
changes | in | the | law. | |||||
| Lambeth Community Fund: This fund was used to support gay, bisexual and trans men from black, Asian and minority ethnic background |
in | Lambeth. | ||||||||
| UKHSA (HIV and | sexual health Fund): This fund was used to develop a sexual wellbeing information |
for gay, bisexual, and trans men |
from | South Asian | Heritage | |||||
| including providing |
peer-support. | |||||||||
| City Bridge Trust | - London Project: This fund was used to support older LGBTQ+ people to help |
connect, build stronger communities |
and tackle | isolation | and | |||||
| loneliness. |
| Movement | |||||||
|---|---|---|---|---|---|---|---|
| in funds | |||||||
| Balance at | Transfers | Balance at | Incoming | Balance at | |||
| 1 | April 2021 | 1 April 2022 | resources | 31 March 2023 | |||
| Capacity | Building | 110,000 | (80,000) | 30,000 | 30,000 | ||
| 110,000 | (80,000) | 30,000 | 30,000 |
| Capacity | building: | This fund will be |
This fund will be |
This fund will be |
used | for core work | for core work | for core work | until adequate | additional | funding is realised |
funding is realised |
and | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| represents | six months' | operating | costs | while | continuing | to | deliver services | for the | LGBT Community. | During | ||||
| the year, anil (2022 | - 280,000)was transferred | to unrestricted | funds to cover the operating costs. | |||||||||||
| Analysis of net assets | between | funds | ||||||||||||
| Unrestricted | Designated | Restricted | Total Unrestricted | Designated | Total | |||||||||
| funds | funds | funds | 2023 | funds | funds | 2022 | ||||||||
| f | F | |||||||||||||
| Fund balances | ||||||||||||||
| at 31 March | ||||||||||||||
| 2023 are | ||||||||||||||
| represented | by: | |||||||||||||
| Tangible assets | 4,451 | 4,451 | 5,711 | 5,711 | ||||||||||
| Current | ||||||||||||||
| assets/(liabilities) | 130,050 | 30,000 | 100,290 | 260,340 | 38,813 | 30,000 | 68,813 | |||||||
| 134,501 | 30,000 | 100,290 | 264,791 | 44,524 | 30,000 | 74,524 | ||||||||
| Operating | lease commitments | |||||||||||||
| 2023 | 2022 | |||||||||||||
| Within one | year | 1,784 | 1,784 | |||||||||||
| 1,784 | 1,784 |