## ## |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| ##