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2024-03-31-accounts

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Charity registration number 1076854

Company registration number 2702133 (England and Wales)

HEALTH EQUALITY AND RIGHTS ORGANISATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

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HEALTH EQUALITY AND RIGHTS ORGANISATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees
Charity number
Company number
Senior Management Team
Registered office
Independent examiner
Bankers
Website		 Alan Palmer – Chair
Timothy James O'Rahilly – Vice Chair
Roland Thomas Brunner - Treasurer
Ian Richard Watters
Michael Harvey
Dr Rory McGill
Shamal Waraich
Mark Edward Lewis
(Appointed on 13 September 2023)
Jonathan Haworth
(Appointed on 13 September 2023)
1076854
2702133
Ian Howley – Chief Executive Officer
The Link, Unit 74
49 Effra Road
London
England
SW2 1BZ
Samir Shah FCA, ATII
Ramon Lee Ltd
Chartered Accountants
93 Tabernacle Street
London
EC2A 4BA
National Westminster Bank plc
332 High Holborn
London
WC1V 7PS
http://www.lgbthero.org.uk

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HEALTH EQUALITY AND RIGHTS ORGANISATION

CONTENTS

Page
Trustees' report 1 - 8
Independent examiner's report 9
Statement of financial activities 10
Balance sheet 11 - 12
Notes to the financial statements 13 - 29

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HEALTH EQUALITY AND RIGHTS ORGANISATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their annual report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Charities Act 2011, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

About Health Equality and Rights Organisation

LGBT HERO is the national health and wellbeing charity supporting over 100,000 LGBTQ+ people a month by providing trusted information, advice and various types of support including one-to-one, group and peer-support on issues including mental health, sexual health, suicide, living with HIV, gender and sexuality, coming out, hate crime and discrimination. LGBT HERO campaigns for better health and social inequalities with many of our campaigns reaching millions of people a year.

LGBT HERO aims to improve the health, enhance the wellbeing and champion the rights of LGBTQ+ people. LGBT HERO provides LGBTQ+ people with accurate and credible information so they can build skills that enable them to make informed choices about their health and wellbeing. We encourage LGBTQ+ people to create social change in our communities by providing a platform where they are heard and valued.

LGBT HERO wants to see a world where LGBTQ+ people have the same opportunities in life as all other people and are not disadvantaged by health or social inequalities because of their sexuality or identity.

History

LGBT HERO began its journey as GMFA (originally Gay Men Fighting AIDS) in 1992. GMFA was formed by a group of gay men who felt that there was not enough HIV prevention work being specifically targeted at gay men. GMFA quickly earned a reputation for delivering frank, honest and often sexy campaigns for gay men.

From the beginning, we used a model of community mobilisation and peer education. Rather than just producing health promotion aimed at gay men, we wanted gay men to play a central role in the development, design and delivery of interventions. This resulted in interventions that spoke to gay men from the perspective of gay men, avoiding the paternalistic approach of some other public health interventions.

In 2011 the charity created a parent organisation known as ‘Health Equality and Rights organisation later known as LGBT HERO. In 2023, LGBT HERO archived GMFA’s work which can be accessed through www.gmfa.org.uk. All our projects, campaigns and outreach are now delivered through LGBT HERO.

Many things about LGBT HERO have changed but recruiting and retaining members of our target groups and keeping them at the heart of our organisation and our work has not. Each year up to 100 people actively volunteer for us, and our methods of developing projects and our policies are built around being a truly volunteer-led organisation.

Objectives and activities

The objectives of the charity as set out in the Memorandum and Articles of Association are:

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HEALTH EQUALITY AND RIGHTS ORGANISATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

LGBT HERO mission:

The mission of LGBT HERO is to improve the health, enhance the well-being, and champion the rights of LGBTQ+ people. HERO recognises LGBTQ+ people as lesbian, gay, bisexual, transgender, queer, questioning, intersex, asexual and any other person who self-identifies within the LGBTQ+ umbrella.

LGBT HERO provides LGBTQ+ people with accurate and credible information so they can build skills that enable them to make informed choices about their health and well-being. LGBT HERO encourages LGBTQ+ people to create social change in our communities by providing a platform where LGBTQ+ people are heard and valued. LGBT HERO’s mission is a guiding principle governing all of our work..

LGBT HERO vision:

LGBT HERO wants to see a world where LGBTQ+ people have the same opportunities in life as all other people and are not disadvantaged by health or social inequalities because of their sexuality or identity.

LGBT HERO values:

LGBT HERO’s goals:

Volunteer leadership

Volunteers

LGBT HERO believes that health promotion for LGBTQ+ people is fundamentally enhanced when community members take a central role in the development and delivery of projects. All our projects are guided by the people we serve. We aim to involve people with lived experience of the issues we address. LGBT HERO currently has over 120 volunteers with between 60-80 being regularly active.

Employees

On 31 March 2024, LGBT HERO had four full-time and two part-time members of staff. The staff team consisted of the Chief Executive Officer, The Health of Projects and Operations, one Project and Development Manager, a Fundraising Officer and two Community Support Workers. Employees are responsible for the day-to-day management of LGBT HERO and its projects.

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HEALTH EQUALITY AND RIGHTS ORGANISATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Partnerships

LGBT HERO’s work is developed in partnership with other voluntary, statutory and research organisations.

LGBT HERO is a partner within the National LGBT Partnership, a strategic partner for the Department of Health. HERO is also a member of the LGBT Consortium, a national body bringing together LGBTQ+ organisations. Currently LGBT HERO was in a partnership with the LGBT Consortium for the Always Out There project funded by the City Bridge Trust, which ran until December 2023. LGBT HERO built on this partnership with the GLA Voter ID Project which ran until March 2024. LGBT HERO continued its partnership with the London Friend and ELOP for the LGBT mental health covid response funded by the Big Lottery. LGBT HERO has also been working in partnership with Lambeth Council on a Whole System approach since 2017 to help improve the health and wellbeing of LGBTQ+ residents who live, work and socialise in Lambeth. We also extended our council support with some work conducted with Lewisham Council. LGBT HERO also has working partnerships with various LGBTQ+ venues, clinics and community groups.

Achievements and performance

LGBT HERO continued to grow in 2023-2024. Our journey as an LGBTQ+ organisation continues to open new doors as we explore who we want to be as a charity. We continue to build stronger partnerships with other LGBTQ+ organisations such as London Friend and ELOP. Our sexual health work has also shifted, and we focus on the link between mental health and sexual health focused on wellbeing support. LGBT HERO as also increase its social inequalities work by partnering with the GLA to improve voter turnout in LGBTQ+ communities. Over the course of the year, LGBT HERO continued to harness the creativity and enthusiasm of its volunteers and staff, the power of social media, and other platforms to deliver effective, community focused projects and programmes, while also addressing health inequality issues such as mental health.

LGBT HERO has achieved remarkable milestones this year:

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HEALTH EQUALITY AND RIGHTS ORGANISATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Overall Social Reach : Our total social media impressions for 2023/24 reached 5.8 million, an increase of 400,000.

Board Achievements in 2023/24

The board held seven meetings and accomplished the following:

Public benefit

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Directors consider how planned activities will contribute to the aims and objectives they have set.

LGBT HERO is achieving public benefit through our work providing health information to members of the LGBTQ+ communities and promoting the health choices that are available to them. This year we have achieved this by improving the effectiveness of our interventions, which include a website, press and online campaigning work and peer support. Whilst these services are mainly aimed at LGBTQ+ people they can also be accessed by any member of the public.

Financial review

The Statement of Financial Activities showed a net surplus of £26,707 (2023 – £190,267) for the year and reserves stand at £291,498 (2023 - £264,791) as on 31 March 2024. The financial position at the year revealed by the Balance Sheet shows net current assets or working capital of £289,589 (2023 – £260,340). The net book value of tangible fixed assets held, all of which are used directly for charitable purposes, amounted to £1,909 (2023 – £4,451).

In 2023-24 HERO has been awarded grants with a total value of £250,974 from London Borough of Lambeth, National Lottery Community Fund, City Bridge Foundation, the GLA, Gilead Sciences Ltd, Big Lottery, The London Community Fund, The National Lottery Heritage Fund and McCarthy and Stone Foundation and the Lambeth Community Fund.

With the present funding in place, the forecast surplus for 2024-25 is in the region of £31,434. Currently, LGBT HERO is awaiting decisions on additional funding requests that have been submitted.

In November 2022, LGBT HERO was alerted to a two legacies part of which we received in 2022/23. In 2023/24 we received an additional sum of £32,500 from the legacy of Ian Cosh, an additional £10,000 from the legacy of Luis Arthur and a final payment of £17,563 from the Hatta Hodson Estate. We are expecting two final payments in 2024/ 25 of just under £10,000 from both legacies. This will be reported in next year’s trustees' report.

The Directors do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

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HEALTH EQUALITY AND RIGHTS ORGANISATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Reserves policy

As at 31 March 2024, LGBT HERO had unrestricted reserves of £177,561 (2023 - £164,501). £30,000 (2023 - £30,000) of this has been designated to a Capacity Building fund to enable LGBT HERO to hold sufficient cashflow for approximately six months of operating costs while still delivering our core services. This level of designated funds is therefore held to cover the cost of our work until adequate ongoing funding is realised.

LGBT HERO’s Board of Directors receives a cashflow forecast on a quarterly basis, in order to monitor the predicted level of reserves over the next 12 months and ensure that the organisation remains sustainable.

The Boards recognises that the reserves is higher this year due to a the three legacies received and a larger amount of income from contracts throughout the year which affected the charity's reserves. The board has invested in new staff members in 2024/25 that will mainly be funded by reserves in order to control spending.

Principal funding sources

In 2023-24 the principal funding sources came from a mixture of trusts, foundations and local government which includes:

Investment powers and policy

Although LGBT HERO is aware as a charity that the board of directors have the power to make financial investments. This is not something the board has explored and has no intention to within the coming years. Should the charity vastly exceed its reserve funds, the board will set up a committee to investigate whether investing is a suitable option for the charity and its long-term goals. If this were to happen, the Chair will raise it as a point of interest for exploration and members of the charity will vote on any options put forward at an AGM.

Plans for future periods

Future activities

For 2024/25 the board of directors will work with the Chief Executive to further strengthen the charities position as an LGBTQ+ organisation tackling the major health and social inequalities, this will include:

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HEALTH EQUALITY AND RIGHTS ORGANISATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Structure, governance and management

Governing document

Health Equality and Rights Organisation (LGBT HERO) is a Charity, which is registered under the Companies Act 2006 as a company limited by guarantee and not having a capital divided by shares. The company was incorporated on 31 March 1992 and registered as a charity on 2 August 1999. The Charity registration number is 1076854 and the company registration number is 02702133.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. The Memorandum of Association and the Articles of Association were updated in December 2002 to reflect a change in the objects of the charity, a new name and to allow members of the Board to be co-opted.

A further change was made in June 2011 when members voted to adopt a new name, the Health Equality and Rights Organisation (LGBT HERO), and to expand our remit to allow us to address the health needs of a wider population, specifically LGBTQ+ people.

In July 2016, the Articles of Association were amended to:

In June 2022 a further change was made to the Articles of Association to:

Recruitment and appointment of trustees

Directors, who are also trustees under charity law, are generally LGBT HERO volunteers and are elected to the Board by members of HERO. Our constitution states that there are normally nine places on the Board.

The term of office for an elected Director is set at four years maximum, and each year at least two members of the Board must stand down. Board members may choose to stand for re-election. New Directors are provided with an induction process led by the Chair, and all Directors may access training based on the skills needed to fulfil their role as a director as set out in their role description. We have a policy on training, induction, and support of Board members.

The Directors who served during the year and up to the date of this report are as disclosed on legal and administrative details page.

Organisation

The Board of Trustees, which comprises four members, administers the charity. The Board meets periodically to review the affairs of the charity and to consider strategies and operations. To facilitate activities, the Board have delegated authority, within terms of delegation approved by the Trustees, for operational matters including financial, employment and other related activities. All decisions relating to strategy and policy are made by the Board of Trustees.

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HEALTH EQUALITY AND RIGHTS ORGANISATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Risk management

Our major risks have been reviewed by LGBT HERO’s Board and its subgroup, the Risk Subcommittee. The Risk Subcommittee maintains and monitors risks and reports to the Board. A risk register is used with a defined risk scoring approach. The risks are regularly revised to ensure they accurately reflect the current situation.

Our main risk is that we will not find sufficient new sources of funding to allow us to continue operating, although our confirmed income and current reserves are now at a level to allow us to deliver our planned work beyond 20242025. We are engaged in a strategy of seeking new funding and a diversity of funding by increasing our support from trusts and foundations, building on our community fundraising and our ability to generate revenue from our activities. In 2023/24, LGBT HERO received three legacies in excess of £50,000 which will allow the charity to explore how it can better sustain the organisation going forward. The board are looking at how to increase opportunities to bring in new funding through LGBTQ+ Awareness Training, increase community donations via our new Community Fundraising Officer – funded by legacies and donations - and bring in an ecommerce model in order to increase the brand of LGBT HERO through sales of merchandise and corporations.

LGBT HERO’s Board of Directors also receives an annual health and safety risk assessment. The planning document for all new interventions now includes a risk assessment.

Remuneration policy for key management personnel

LGBT HERO has a staff pay policy, which is reviewed regularly by the Board. It includes pay scales with incremental points for each post within the organisation and specifies how inflationary increases are determined.

Related parties

For 2023/24 there has been no transactions between LGBT HERO and trustees.

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HEALTH EQUALITY AND RIGHTS ORGANISATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Statement of trustees' responsibilities

The trustees, who are also the directors of Health Equality And Rights Organisation for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for maintenance and integrity of the corporate and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The trustees' report was approved by the Board of Trustees and signed on its behalf by:

Alan Palmer BEBC16251B97470... Chair

13 November 2024

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HEALTH EQUALITY AND RIGHTS ORGANISATION

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF HEALTH EQUALITY AND RIGHTS ORGANISATION

I report to the trustees on my examination of the financial statements of Health Equality And Rights Organisation (the charity) for the year ended 31 March 2024.

This report is made solely to the charity's trustees, as a body, in accordance with the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my Independent Examination, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Charitable company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. (:SignedBFA6442682BF4CE... by: Samir Shah FCA, ATII

Ramon Lee Ltd Chartered Accountants 93 Tabernacle Street London EC2A 4BA

Dated: 13 November 2024

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HEALTH EQUALITY AND RIGHTS ORGANISATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
Designated
Restricted
funds
funds
funds
Notes
£
£
£
Income and endowments from:
Donations and legacies
3
71,488
-
-
Charitable activities
4
3,101
-
250,974
Investments
5
3,580
-
-
Other income
6
260
-
-
Total income
78,429
-
250,974
Expenditure on:
Raising funds
7
5,431
-
-
Charitable activities
8
65,396
-
231,869
Total expenditure
70,827
-
231,869
Net incoming resources before transfers
7,602
-
19,105
Gross transfers between funds
5,458
-
(5,458)
Net income for the year/
Net movement in funds
13,060
-
13,647
Fund balances at 1 April 2023
134,501
30,000
100,290
Fund balances at 31 March 2024
147,561
30,000
113,937		 Total
2024
£
71,488
254,075
3,580
260
329,403
5,431
297,265
302,696
26,707
-
26,707
264,791
291,498		 Total
2023
£
160,189
269,298
671
-
430,158
10,254
229,637
239,891
190,267
-
190,267
74,524
264,791

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

The notes on pages 13 to 29 form part of these financial statements.

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HEALTH EQUALITY AND RIGHTS ORGANISATION

BALANCE SHEET

AS AT 31 MARCH 2024

Notes
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within
one year
14
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
16
Unrestricted funds-general
Designated funds
17
General unrestricted funds		 2024
£
11,786
307,271
319,057
(29,468)
30,000
147,561		 £
1,909
289,589
291,498
113,937
177,561
291,498		 2023
£
13,583
272,205
285,788
(25,448)
30,000
134,501		 £
4,451
260,340
264,791
100,290
164,501
264,791

The notes on pages 13 to 29 form part of these financial statements.

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HEALTH EQUALITY AND RIGHTS ORGANISATION

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2024

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.

The directors acknowledge their responsibilities for:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime within Part 15 of the Companies Act 2006.

The financial statements were approved by the Trustees on 13 November 2024

Alan Palmer Trustee

Company registration number 2702133

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HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

The financial statements show a surplus of £26,707 (2023 – £190,267) for the year and free reserves of £145,652 (2023 – £130,050). The trustees are of the view that these results have secured the immediate future of the Charity for the next 12 to 18 months and on this basis the charity is a going concern.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

All income is included in the statement of financial activities when the charity is legally entitled to it, receipt is probable and the amount can be measured with sufficient reliability.

Grant income

Grants are credited to the statement of financial activities when the charity is entitled to the funds. Income is only deferred where there are time constraints imposed by the donor or if the funding is performance related.

Where entitlement to grants receivable is dependent upon fulfilment of conditions within the charity’s control, the income is recognised when there is sufficient evidence that conditions will be met.

Grants supporting the core activities of the charity and with no specific restrictions placed upon their use are included within donations and legacies. Grants that have specific restrictions placed upon their use are included within income from charitable activities.

Donations and legacies

Donations are recognised in the period in which they are received. Legacy income is recognised when the charity’s entitlement is judged to be probable and where the amount can be reliably measured.

Contract income

Income from charitable activities include income recognised as earned (as the related goods and services are provided) under contract.

Investment income

Investment income is included when receivable.

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HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance and administration personnel, payroll and governance costs which support the charity’s programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities on the basis of staff time allocated to each activity.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The cost of minor additions or those costing less than £500 are not capitalised.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Fixtures and fittings Written down value 25% Computer equipment Straight line 4 years

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.9 Taxation

The charity is a registered charity and, therefore, is not liable to Income Tax or Corporation Tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.10 Creditors and provisions

Creditors and provisions are recognised when the charity has a legal or constructive present obligation as a result of a past event, it is probable that the charity will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision is measured at present value, the unwinding of the discount is recognised as a finance cost in net income/(expenditure) in the period in which it arises.

1.11 Operating leases

The charity classifies the lease of property as an operating lease. The rentals are charged to the Statement of Financial Activities on a straight-line basis over the lease duration. No assets are held under hire purchase agreements.

1.12 Volunteers and donated services, facilities and goods

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the Charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Charity is not recognised in the main body of the financial statements but detail is contained in the trustees' report.

On receipt, donated professional services, donated facilities and goods are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

1.13 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.14 Pensions

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable under the scheme by the charity to the fund. The charity has no liability under the scheme other than for the payment of those contributions. As of 1 August 2016 all employees have opted in to the HERO Work Pension scheme provided by AEGON. This was the staging date when the Health Equality and Rights Organisation had to auto enrol to a Work Pension plan. This plan is the same plan that AEGON provided prior the staging date.

1.15 Cash flow statement

The charity qualifies as a small company and advantage has been taken of the exemption provided by SORP (FRS 102) as amended by Bulletin 1, not to prepare a cash flow statement.

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted
funds
£
Donations
18,932
Gift Aid
4,319
Community Fundraising
5,737
Luis Arther Legacy Fund
10,000
Rob Dawson Fund
-
Ian cosh Legacy
32,500
71,488
For the year ended 31 March 2023
160,189		 Total
2024
£
18,932
4,319
5,737
10,000
-
32,500
71,488		 Total
2023
£
17,937
5,675
4,937
55,000
6,640
70,000
160,189
160,189

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

4 Charitable activities

Community
Development
Outreach &
Support
Project
Development
and
Campaigning
£
£
£
Abbvie HIV Peer Support
-
-
-
Big Lottery - Awards for All
-
-
-
City Bridge Trust - LGBTQ+ London engagement
-
23,663
-
City Bridge Trust - London Project
-
22,928
-
FS ads
-
-
2,400
FS apps
-
-
701
Gilead Monkeypox
-
-
-
Gilead Sciences Ltd - Trans HIV Prevention
Programme
-
-
18,000
GLA Voting ID
-
-
37,373
Hattha Hudson legacy fund
-
17,563
-
London Borough of Lambeth - Whole System
Approach
50,995
-
-
Lewisham Council LGBTQ +programme
1,969
-
-
Lambeth Community Fund
-
9,447
-
National Lottery Community Fund - London
Friend and Elop
-
35,613
-
National Lottery Heritage Fund
-
-
4,371
The McCarthy Stone Charitable Foundation
-
4,895
-
United Kingdom Health Security Agency
-
-
-
The London Community Foundation
-
14,824
-
National Lottery Sexual Abuse Project
-
9,333
-
52,964
138,266
62,845
Analysis by fund
Unrestricted funds - general
-
-
3,101
Restricted funds
52,964
138,266
59,744
52,964
138,266
62,845
For the year ended 31 March 2023
Unrestricted funds - general
-
-
5,290
Restricted funds
60,079
96,971
106,958
60,079
96,971
112,248		 Total
2024
£
-
-
23,663
22,928
2,400
701
-
18,000
37,373
17,563
50,995
1,969
9,447
35,613
4,371
4,895
-
14,824
9,333
254,075
3,101
250,974
254,075		 Total
2023
£
6,339
8,809
17,438
32,207
4,503
787
25,330
5,275
11,250
-
60,079
9,447
26,645
39,340
4,895
16,954
-
-
269,298
5,290
264,008
269,298
5,290
264,008
269,298

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

5 Investments

Unrestricted
funds
£
Bank interest
3,580
3,580
For the year ended 31 March 2023
671
Other income
Unrestricted
funds
£
Other Income
260
260
For the year ended 31 March 2023
-
Raising funds
Unrestricted
funds
£
Staff costs
3,681
Fundraising costs
1,138
Support costs
525
Governance costs
87
5,431
For the year ended 31 March 2023
Fundraising and publicity
10,254
10,254		 Total
2024
£
3,580
3,580
Total
2024
£
260
260
Total
2024
£
3,681
1,138
525
87
5,431		 Total
2023
£
671
671
671
Total
2023
£
-
-
-
Total
2023
£
4,863
4,548
711
132
10,254
10,254
10,254

6 Other income

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

8 Charitable activities

Community
Developmen
t
Outreach &
Support
Project
Development
& Campaigning
£
£
£
Staff costs
17,023
111,307
82,269
Project costs
3,113
12,192
12,719
20,136
123,499
94,988
Share of support costs
(see note 9)
5,009
25,832
19,449
Share of governance
costs (see note 9)
832
4,290
3,230
25,977
153,621
117,667
Analysis by fund
Unrestricted funds -
general
5,946
34,083
25,367
Restricted funds
20,031
119,538
92,300
25,977
153,621
117,667
For the year ended 31 March 2023
Unrestricted funds -
general
21,658
5,080
37,022
Restricted funds
42,363
67,753
53,602
64,021
72,833
90,624		 Policy
£
-
-
-
-
-
-
-
-
-
2,159
-
2,159		 Total
2024
£
210,599
28,024
238,623
50,290
8,352
297,265
65,396
231,869
297,265		 Total
2023
£
164,284
24,600
188,884
34,379
6,374
229,637
65,919
163,718
229,637

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

9 Support costs

10 Support Governance
costs
costs
£
£
Staff costs
11,649
5,469
Depreciation
2,542
-
Premises costs
14,529
-
Office Costs
6,646
-
Other costs
3,521
-
Legal & professional costs
35
-
Accountancy & Payroll costs
11,893
-
Independent examiner's fees
-
2,970
50,815
8,439
Analysed between
Fundraising
525
87
Charitable activities
50,290
8,352
50,815
8,439
Net movement in funds
Net movement in funds is stated after charging/(crediting)
Depreciation of owned tangible fixed assets
Operating Lease Rentals: Property
Independent examiner's fees
Independent Examination
Other services		 Total
2024
£
17,118
2,542
14,529
6,646
3,521
35
11,893
2,970
59,254
612
58,642
59,254
2024
£
2,542
10,704
1,900
1,070
2,970		 Total
2023
£
6,741
2,398
11,380
6,000
1,653
48
10,626
2,750
41,596
843
40,753
41,596
2023
£
2,398
9,812
1,800
950
2,750

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

11 Employees

The average number of full time equivalent employees (including casual and part-time staff) was as follows:

Raising Funds
Community Development
Outreach & Support
Project Development and Campaigning
Support
Governance
Total
The average monthly number of employee during the year was 6 (2023 - 4)
Employment costs
Wages and salaries
National Insurance
Pension		 2024
Number
0.05
0.48
2.46
1.85
0.23
-
5.07
2024
£
205,530
15,622
10,246
231,398		 2023
Number
0.08
0.94
1.21
1.45
0.05
0.05
3.78
2023
£
156,146
11,935
7,807
175,888

During the year no trustees received any remuneration (2023 - £nil). No trustee received reimbursement of travel expenses during the year (2023 – £nil).

The total employee benefits of the key management personnel of the charity were £78,516 (2023 - £75,117).

The number of employees whose annual remuneration was more than £60,000 is as follows:

2024 2023
Number Number
£60,000 to £70,000 1 1

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

12
Tangible fixed assets
Fixtures and
fittings
Computer
equipment
£
£
Cost
At 1 April 2023
4,818
19,661
At 31 March 2024
4,818
19,661
Depreciation and impairment
At 1 April 2023
3,699
16,329
Depreciation charged in the year
280
2,262
At 31 March 2024
3,979
18,591
Carrying amount
At 31 March 2024
839
1,070
At 31 March 2023
1,119
3,332
13
Debtors
2024
Amounts falling due within one year:
£
Trade debtors
-
Other debtors
6,185
Prepayments
5,601
11,786
14
Creditors: amounts falling due within one year
2024
Notes
£
Trade creditors
1,306
Taxation and social security
14,768
Deferred income
15
8,784
Other creditors
1,618
Accruals
2,992
29,468		 Total
£
24,479
24,479
20,028
2,542
22,570
1,909
4,451
2023
£
700
7,584
5,299
13,583
2023
£
1,023
11,560
8,943
1,146
2,776
25,448

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

15 Deferred income

Deferred income is included in the financial statements as follows:

2024
£
Deferred income is included within:
Current liabilities
8,784
8,784
Movements in the year:
Deferred income at 1 April 2023
8,943
Released from previous periods
(8,943)
Resources deferred in the year
8,784
Deferred income at 31 March 2024
8,784		 2023
£
8,943
8,943
-
-
8,943
8,943

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

16 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds
Incoming
resources
Resources
expended
Balance at
1 April 2023
r
£
£
£
City Bridge Trust - London Project
32,207
(24,962)
7,245
Gilead Sciences Ltd - Trans HIV Prevention Programme
5,275
(5,275)
-
National Lottery Community Fund - London Friend and Elop
26,645
(26,645)
-
London Borough of Lambeth - Whole System Approach
60,079
(42,363)
17,716
Abbvie HIV Peer Support
6,339
(4,017)
2,322
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
National Lottery Sexual Abuse Project
-
-
-
The London Community Foundation
-
-
-
Lewisham Council LGBTQ +programme
-
-
-
Hattha Hudson legacy fund
-
-
-
264,009
(163,719)
100,290		 Movement in funds
Incoming
esources
Resources
expended
£
£
22,929
(28,998)
18,000
(16,583)
35,613
(28,247)
50,995
(18,616)
-
-
23,663
(19,953)
4,895
(3,910)
9,447
(15,777)
-
(10,078)
37,372
(32,468)
-
(8,911)
-
(7,272)
4,371
(16,988)
9,333
-
14,824
(10,815)
1,969
(1,415)
17,563
(11,838)
250,974
(231,869)		 Transfers
Balance at
31 March 2024
£
£
(1,176)
-
(1,417)
-
-
7,366
-
50,095
-
2,322
-
15,207
-
2,447
(361)
-
(1,950)
-
-
8,153
-
3,007
-
1,187
-
5,086
-
9,333
-
4,009
(554)
-
5,725
(5,458)
113,937		 Transfers
Balance at
31 March 2024
£
£
(1,176)
-
(1,417)
-
-
7,366
-
50,095
-
2,322
-
15,207
-
2,447
(361)
-
(1,950)
-
-
8,153
-
3,007
-
1,187
-
5,086
-
9,333
-
4,009
(554)
-
5,725
(5,458)
113,937
113,937

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

16 Restricted funds

(Continued)

City Bridge Trust - LGBTQ+ London engagement project : This fund was used to develop a mapping tool for LGBTQ+ support organisations in London. The project, in partnership with the LGBT Consortium, 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. This project ended in March 2024.

City Bridge Foundation

Older LGBTQ+ Support: This fund is to provide support for older LGBTQ+ people living in London by providing peer-support and activities that helps older people to connect.

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 and a new grant in March 2024 to develop work around sexual abuse and consent.

National Lottery Community Fund (London Friend and Elop): Funding towards a 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.

National Lottery Heritage Fund: Funding towards the archiving of GMFA (Gay Men Fighting AIDS) at www.gmfa.org.uk.

London Borough of Lambeth (Whole System Approach): Funding towards extending the ongoing programme to support Lambeth Council in how it supports its LGBTQ+ residents. LGBT HERO is funded to continue developing a new safer space initiative to help increase the number of safe spaces for LGBTQ+ people in Lambeth.

Gilead Sciences Ltd – Mpox: This fund was used to continue support and awareness about mpox and sexual health among gay, bi and trans men in the UK.

GLA / Grassroots London: This fund was used to develop a voter ID awareness project to inform LGBTQ+ people about the new changes in the law in partnership with the LGBT Consortium.

London Community Fund

NWAD: This fund was used to develop a new health and wellbeing training programme for LGBTQ+ people in Lambeth.

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

16 Restricted funds

(Continued)

Lambeth Community Fund: This fund was used to develop a new health and wellbeing training programme for LGBTQ+ people in Lambeth

UKHSA (HIV and sexual health Fund): This fund was used to develop a sexual wellbeing information for gay, bisexual, and trans men but with extra focus on from GBT MSM from minority ethnic backgrounds.

Gilead Sciences Ltd – South Asian Wellbeing: This fund was used to develop an information, and a public information campaign focused on increasing support for South Asian gay, bisexual and trans men.

Lewisham Council : This grant was to run focus groups for Lewisham Council to better support their work for LGBTQ+ residents in Lewisham.

Abbvie HIV Peer Support - Funding towards supporting gay, bisexual and trans men from minority ethnic backgrounds who are living with HIV.

Hattha Hudson Legacy Fund - A legacy donation to help support and empower South Asian gay, bisexual and trans men through group work, peer-support and information advocacy.

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

17 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement Movement
in funds in funds
Balance at Incoming Balance at Incoming Balance at
1 April 2022 resources
1 April 2023		 resources
31 March 2024
£ £ £ £ £
Capacity Building 30,000 - 30,000 - 30,000
30,000 - 30,000 - 30,000

Capacity building: This fund will be used for core work until adequate additional funding is realised and represents six months' operating costs while continuing to deliver services for the LGBT Community. During the year, £nil (2023 - Nil) was transferred to unrestricted funds to cover the operating costs.

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

18 Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted Designated
Restricted
funds
funds
funds
£
£
£
Fund balances at 31 March 2024 are represented by:
Tangible assets
1,909
-
-
Current assets/(liabilities)
145,652
30,000
113,937
147,561
30,000
113,937		 Total
Unrestricted Designated
Restricted
2024
funds
funds
funds
£
£
£
£
1,909
4,451
-
-
289,589
130,050
30,000
100,290
291,498
134,501
30,000
100,290		 Total
2023
£
4,451
260,340
264,791

Docusign Envelope ID: 5808EA67-D3E9-41EB-94C4-D8307D311864Docusign Envelope ID: 72CFB10E-6260-49ED-A8B9-498E4B929747

HEALTH EQUALITY AND RIGHTS ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

19 Operating lease commitments

Operating lease commitments
Within one year 2024
£
1,784
1,784		 2023
£
1,784
1,784

20 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

21 Share capital

The company is limited by guarantee and does not have a share capital divided by shares. The liability of each member in the event of winding up is limited to £1.

22 Pension

The pension cost charge represents contributions payable by the Charity to the fund and amounted to £10,246 (2023 - £7,807). Contributions totalling £1,271 (2023 - £1,029 ) were payable to the fund at the year end and are included in other creditors.