Charity registration number 1081552
Company registration number 03958484 {England and Wales)
TRADE SEXUAL HEALTH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TRADE SEXUAL HEALTH
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
K Conev
S Harrison-moran
S Sekalala
D Yeomanson
{Resigned 15 January 2024 and reappointed 6 April 20241
(Appointed 18 April 20231
(Appointed 3 July 20231
{Appointed 3 July 2023)
L Calvey
L Brooker
Secretary
Dr Gavin Brown
Charity number
1081552
Company number
03958484
Principal address
2nd Floor
27 Bowling Green Street
Leicester
LEI 6AS
Registered office
2nd Floor
27 Bowling Green Street
Leicester
LEI 6AS
Independent examiner Thomas Mayfield BA FCA
Mayfield & Co (Accountants) Ltd
2 Merus Court
Meridian Business Park
Leicester
LE19 IRJ
TRADE SEXUAL HEALTH
CONTENTS
Page
Trustees report
Independent examiner's report
io
Statement of financial activities
11-12
Balance sheet
13
Notes to the financial statements
14-23
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements ft)r the year ended 31 March 2024.
The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply
with the charity's governing document, the Companies Act 2(K)6 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 IFRS 1021" {as amended for accounting periods commencing from l January 20161
Objectives and activities
Pur
oses and Aims
Our charity's purposes as set out in the objects contained within the company's Memorandum of Association, which were
updated in July 2023 to respond to the changing needs of the communitie5 we serve and to remove the previous geographical
restriction on our workl. Our charitable objects are:
To preserve and improve the good health and wellbeing of LGBTQ+ groups and those impacted by HIV,. and
To promote such other charitable purposes as are for the community as the Directors shall from time to time
determine.
The aims of our charity are to provide high quality, health and wellbeing services to the LGBTQ+ community and people living
with HIV. Our aims fully reflect the purposes that the charity was set up to further.
Ensurin
our work delivers our aims
We review our aims, objectives and activities each year. This review looks at what we have achieved and the outcomes of our
work in the previous year. This review examines the success of each key activity and the benefits each activity ha5 brought to
those group5 of people we are set up to help. The review also serves the purpose of ensuring that our aim5, objectives and
activities remain focused on our stated purposes.
The focus of our work
Our main objectives for the year continue to be to preserve and improve the good health and wellbeing of LGBTQ+ community
members and people impacted by HIV. The strategie5 we used to meet these objective5 included..
Promoting health empowerment
Delivering services
Engaging in advocacy
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 work. In particular, the Trustees consider and assess how new activities will
further and contribute to the aims and objectives they have set.
Our main activities and who we deliver them to are described below. All our charitable activities focus on improving the health
and wellbeing of LGBTQ+ people and people impacted by HIV, and they are undertaken to further our charitsble purposes for
public benefit.
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
Who used and benefited from our services?
Although there are no geographical restrirtions set within our charitable objects. at present we are only funded to work with
people who live, work, or study in Leicester, Leicestershire, or Rutland.
For the first time, the 2021 Census in England and Wales explicitly asked respondents about their sexuality and gender identity.
Nationally, around 1.5 million people13.4% of the population aged 16+1 identified themselves as lesbian, gay or bisexual (this
includes people identifying as pansexual, queer, asexual. or not heterosexual in some other way). Nationally, a total of 262,000
people10.5% of the population) stated that their current gender identity was different to the sex they were assigned at birth
(with roughly equal numbers of people identifying as trans men and trans women, with a slightly smaller number identifying
as non-binary
In Leicester, 3.44% of the population identified as lesbian, gay or bisexual,. and 1% identified themselves as trans or non-binary.
These city-level figures hide very significant variation5 Wlthin different districts of Leicester. For example, nearly l in 10 people
living in Leicester City Centre identify as lesbian, gay or bisexual. Similarly, although the numbers of people identifying a5 either
LGB or trans/non-binary are lower in the rural areas of the Midlands. counties. some towns still have concentrations of LGB
people le.g., Loughboroughl and trans people le.g. Coalville, Loughborough, and Mansfield) that are at or above the national
average.
The 2021 Census data also helps estimate the size of different parts of the LGBT population across the region (although these
data as still likely to represent an under-reporting of the LGBT population and do not account tor those who have sex with
members of their own gender, but do not claim an identity on this basis). Here are figures for Leicester, Leicestershire, and
Rutland, by way of illustration=
Leicester'5 population:
LG8 pop.13.44%1'.
Gay and Lesbian
Bisexual
Pansexual
Asexual
Queer
Trans/nb pop11.OO%I
Trans women
Trans men
Non-binary
368,600
12,680
3,291
5,303
1,108
172
84
3,686
437
496
210
Leics & Rut13nd pop.
LGB pop. lav. 2.32%)
753.200
17.474
7,409
6,233
905
337
Translnb pop. {av 0.31%>
2,335
389
381
288
In addition to these population estimates for the size of the local LGBTQ+ community. it is also important for us to appreciate
the numbers of people living with HIV locally and to recognize the specific epidemiology of HIV in Leicester, Leicestershire, and
Rutland. Leicester is designated as an area with a 'high' prevalence of HIV. It is the local authority with the 6th highest
prevalence of HIV outside London.
In 2021 there were 897 people living with HIV resident in Leicester. Where these people live maps significantly onto the areas
of the city with the highest levels of deprivation. In 2021. 28 people living in Leicester were newly diagnosed with HIV.
However. in the period January-september 2023. the Jarvis Clinic at Leicester Royal Infirmary registered 110 new patients,
most of whom were from Sub-saharan Africa and have moved to Leicester for work.
Of the people diagnosed with HIV in Leicester between 2015-2019, 19% are thought to have contracted HIV through sex
between men, 76% through sex between men and women. and 2% through injecting drug use. Of this cohort. 20% were
White, and 60% were Black African. 60% of HIV diagnoses in people first diagnosed with HIV in the UK were made a late stage
of infection in Leicester lin 2019-20211, higher than the England average143.4Y.l. These figures highlight why our charitable
objects treat people impacted by HIV as separate from (but overlapping with) the local LGBTQ+ population).
For comparison, in 2021 there were 509 people living with HIV resident in Leicestershire and 25 people living in Rutland. In
2021, 4 people living in Leicestershire were newly diagnosed with HIV (there were no new diagnoses amongst people resident
in Rutland that yearl.
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The main areas of our charitable activity are..
Promoting health empowerment
Delivering services
Engaging in advocacy
These artivities and the achievements that flow from them are set out below. In total, we worked with 4750 people during
2023124.
PROMOTING HEALTH EMPOWERMENT
Information, advice, and guidance
We provide information, advice, and guidance about sexual health through our website, on the telephone, and to in-person
visitors to our office, five days a week. Although we are commissioned to provide sexual health advice, we take a holistic
approach to supporting community members with the range of issues that currently limit their capacity to look after their
sexual health, and our health promotion team are experienced in providing basic support with mental health and wellbeing, as
well as substance misuse i55ue5. In line with our current strategy. we intend to seek funding in 2024/25 to expand the range of
health issues about which we can provide specialist information, advice, and guidance to local LGBTQ+ community members.
In total, we provided information, advice and guidance to 816 individuals this year la 27% increase on 20221231.
Outreoch
To reach the widest POS5ible cros5-section of the communities we serve. we also conduct regular in-person and digital
outreach sessions to promote our services and to offer information. advice and guidance. Our in-person outreach and health
promotion sessions take place in schools, colleges and universities. community centres. LGBTQ+ bars and venues lincluding
male-only saunas), and in outdoor cruising sites/public sex environments. Our use of digital, online 'netreach' accelerated, out
of necessity, during the lockdown phase of the COVID pandemic. but we have continued to invest time and resources in it. as it
has proven to be an effective way to reach under-served gay, bisexual, and other men who have sex with men IGBMSMI,
especially in the rural areas that we serve. Through these outre3ch activitie5. as well as providing health promotion
information and advice relating to sexual health. we can also promote the range of other services that we offer. However,
outreach sessions do not only operate in a 'transmit only. mode, and they are an excellent opportunity to listen to the
concerns of community members, which can then inform our advocacy work. We were still able to provide 226 hours of in-
person outreach 18 63Yo increase on the previous yearl- as well as. 182 hours of netreach time during this year la 6% increase),
engaging with a total of 352 contacts through these outreach sessions la 34% increase on outreach contacts in 20221231.
New Arrivols
In addition to the health promotion work we are commissioned to deliver with GBMSM in Leicester, Leicestershire, and
Rutland, we are also commissioned to provide sexual health promotion and HIV prevention advice to 'new arrivals, in the City
of Leicester, reaching 192 people through this work. This programme of work includes anyone who ha5 migrated,
internationally, to the city within the last five years. In prartice, this work mainly focuses on work with asylum-seeker5 and
with international students at the City's two universities. We continue to be contacted by recently arrived people living with
HIV who need assistance connecting with clinical care. These referrals have helped strengthen our working relationship with
the specialist nursing team in the HIV clinic at Leicester Royal Infirmary.
In 2022/23 this strand of work was enhanced by us hosting a placement by a researcher from the European-wide 'Solidarity in
Diversity'1SOLiDil research network. As part of their placement, they produced two short animated videos to educate Chinese
international students at local universities about how to access sexual health services in the UK. This year, we know that
various departments at the University of Leicester and De Montfort University used these videos as part of their induction
programmes for international students. and this continues to drive engagement with our services by locally-ba5ed Chinese
international students.
Heolth and Wellbeing Marquee ot Leicester Pride
Each year we organise and host the Health and Wellbeing Marquee at Leicester Pride. We use the marquee to promote our
services, and those of close partner organisations. and clinical colleagues from Leicester Sexual Health provide free STI
screening on site. Last year was one of our busiest years at Pride for many years, and more than 500 people visited the
marquee during the afternoon. Despite this. the numbers of people accessing STI screening at Pride continues to decline year
on year. We suspect that this is because more people are accessing home STI testing kits from SH-24, as well as the number of
gay and bisexual men who have quarterly STI screenings to take PrEP {Pre-Exposure Prophylaxis) to prevent HIV transmission.
Nevertheless, despite declining engagement by gay men. the marquee at Pride helped us reach increasing numbers of
lesbiarns, bisexual women. and trans and non-binary individual5.
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Social and Support Groups
We currently host two focused social and support groups. The Dosti group for LGBTQ+ people from South Asian and Middle
Eastern backgrounds is now in its tenth year of operation and meets monthly at our offices. This year we also started
NeuroQueer a monthly social and support group for LGBTQ+ people who are neurodivergent. This group has quickly
established itself with 12-15 people regularly attending its monthly meetings and activities. In 2024125, our priority is to re-
establish a social and support group for people living with HIV locally. We had previously hosted a group called Hi5 for gay and
bisexual men living with HIV, but are now intending to create a group that can meet the need5 of all people living with HIV in
our area.
Volunteering
Like many charities, our capacity to 5UPPOrt volunteers was impacted by the COVID pandemic. We have spent the last year
rebuilding our volunteer cohort and now have 57 trained volunteers. We use volunteers to support many areas of our work,
but most volunteers are interested in supporting our health promotion and HIV prevention work. Their voluntary labour helps
expand the capacity of our small staff team to deliver this work. However, we are increasingly using our volunteering
programme as a community building tool - we know that volunteering helps our volunteers to overcome social isolation, make
new connections, and feel part of a bigger community. In this context, we don't simply want our volunteers to do unpaid
labour for us, we are looking for w3yS that we can harness and give shape to their passions and the ways they want to help
build community. This is an import way to achieve our charitable objects and deliver public benefits, as we know that if
LGBTQ+ do not feel they belong, or feel disconnected and isolated from community, it is harder for them to prioritise looking
after their health and wellbeing. More than this, we are developing ways to train our most engaged volunteers so that they are
not dependent on working alongside our staff, and can become Isemi-lautonomous peer educators, health promotors, and
community connectors within their own social networks. We will continue to address this strategic challenge in 2024125.
DELIVERY OF SERVICES
Safer Sex Pack distribution
We continue to provide condoms and safer sex packs for distribution via local LGBT venues, for collection from our office, and
postal orders sent to gay, bisexual and other men who have sex with men living outside Leicester City centre. Through these
orders, we were also able to provide additional information on testing services and other health promotion information. In
total, over 3398 packs were distributed in 2023124 (decrease of 13% from the previous yearl. We interpret this decrease as
related to changes in gay men's harm reduction practice5 as a result of wider reliance on PrEP to prevent HIV tran5mi55ionl. In
addition to the safer sex packs distributed to gay and bisexual men. whenever possible, we also ensure packs are available
within the local hotels where asylum-seekers are housed las part of our 'new arrivals, workl.
Clinic xtra
In partnership with Leicester Sexual Health. we operate a community-based STI screening clinic from our offices. The aim is to
deliver the Clinic xtra service weekly, but staff shortages within the local Integrated Sexual Health Service mean that it has
more frequently run fortnightly. This clinical service offers STI screening primarily for gay, bisexual and other men who have sex
with men who are not experiencing any symptoms of STIS. However, in practice, this service is available to all LGBTQ+
community members and we have seen increasing numbers of trans and non-binary individuals using the clinic. The Clinic xtra
service help5 promote regular STI testing as part of an integrated sexual health strategy in our area. The service is well-used by
community member5 who are hesitant to approach mainstream sexual health services and feel safer access STI screening in an
explicitly LGBTQ+ affirming space. Once the availability of the sexual health nurses stabilizes. we have a plan in place to start
offering vaccinations and initial PrEP consultations as part of the Clinic xtra service.
HIV Prevention England (HPE)
Trade continues to be a Local Activation Partner for HIV Prevention England. delivering testing and outreach services for the
national programme and disseminating national campaign materials locally. This work enables us to reach local communities
that are disproportionately affected by HIV but to whom we are not commissioned to deliver services by the local Public
Health departments le.g. heterosexual people from Black Caribbean and Black African backgrosjndsl.
National HIV Testing Week and Kwik Prick Rapid HIV Testing service
As a local activation partner for the HIV Prevention England programme, Trade played a leading role in National HIV Testing
Week activities in Leicester in February 2024. We held pop-up HIV Testing sessions at two local universities, the local gay
sauna, two Turning Point offices, and a local community centre. In total we provided 34 HIV POCT during National HIV Testing
Week. We also continue to offer drop-in HIV testing from our office each week.
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Counselling
The Approach Counselling service is an integral part of Trade's work. The service is led by a Counselling Service Manager, who
Is a fully-qualified and accredited counsellor. At present, all our other counsellors are volunteers and most of them are trainees
undertaking placements as part of their Level 4 Counselling qualification. Our previous Counselling Service Manager died
unexpectedly in July 2023 and this had a significant impact on the small counselling team in post at that time, and we had to
close to new referrals for several months. A new Counselling Service Manager Iwho had previously been a volunteer trainee
with u51 was appointed in January 2024. She has focused on rebuilding and expanding the team
taking on a second, fully-
qualified. counsellor, and four new trainees. They were ready to start seeing clients by the end of the 2023124 reporting period
lexpanding our capacity by over 300%) and preparations are in place to reopen to new self-referrals at the start of 2024125.
When the Approach Counselling service was created in 2007, it primarily focused on supporting Eay, bisexual, and other men
who have sex with men with issues that were impacting on their capacity to look after their sexual health. This continues to be
a concern for some clients, but we are seeing increasing number of trans and non-binary clients who are questioning their
gender or dealing with the impacts of a hostile, transphobic political culture on their mental wellbeing.
Over recent years, the Approach Counselling service has developed expertise in supporting LGBTQ+ people who are survivors
of sexual violence. This year, we won two-year funding via the local Sexual Assault Referral Centre to provide therapeutic
support to such clients Iworth £13,690 in 20231241.
ADVOCACY
Lvorld AIDS Doy 2023
Once again, this year, Trade took the lead in organising the local Red Ribbon Remembrance event to mark World AIDS Day on I
December. This year, we organised an outdoor event in Orton Square in Leicester City Centre, which included poetry, song and
speeches. The centrepiece of the event was a 3-metre tall woven red ribbon created by our volunteers, to which audience
members were asked to attach a pledge, in their own words. about the actions they would take to help end new transmissions
of HIV and challenge Hlv-related stigma. This event was attended by over 60 people Ifor the second consecutive yearl despite
the freezing weather on the day. Although this was undoubtedly a successful event. we note that it mostly attracted members
of the LGBTQ+ community, with very little representation from the City's African communities. Given that, at least 50% of
people living with HIV locally are from Black African backgrounds. this limits the impact of the event. We have concrete plans
in place to collaborate with African-led organisations in Leicester to co-organise the event for World AIDS Day 2024.
Street Smart
In January 2024, Trade were awarded £9,678.46 from the Commissioner's Safety Fund of the Office of the Police & Crime
Commissioner for Leicester, Leicestershire. and Rutland for a project called Street Smort. The Street Smort project will develop
and deliver a community-based hate monitoring tool, in an attempt to get a true picture of the extent, distribution, and nature
of anti-LGBTQ+ hate incidents across Leicester. Leicestershire, and Rutland. Hate crimes can directly impart on the mental, and
potentially physical, health of their victims; and a more broadly. being made to feel under threat and as if one doesn't belong
can significantly limit the capacity of LGBTQ+ community members to look after their broader health and wellbeing. In this
context, we believe that playing an active role in monitoring hate incidents locally, supporting victims, and lobbying for more
effective responses to this violence, is a crucial part of our mission as an LGBTQ+ health and wellbeing charity.
Trans. Acce55 to Healthcure Campaign
Since August 2023, Trade have been playing an active role in a health advocacy campaiEn initiated by the Leicestershire
Citizens alliance. This campaign has focused on improving the experience of accessing healthcare for trans and non-binary
people in Leicester, Leicestershire, and Rutland, and has been led by tran5 individuals from the beginning. We provided space
in the Health and Wellbeing Marquee at Leicester Pride 2023 for volunteers from Leicestershire Citizens to gather storie5 from
trans community members about their experiences of accessing healthcare. On this basis of these stories, the campaign
developed three 'asks' which we presented to the senior leadership of the Leicester. Leicestershire, and Rutland Integrated
Care Board at their AGM in the autumn. These three asks were-
A 'tell us once, approach to changing individuals. name and gender marker on their patient records. integrated across
primary and secondary care,.
A commitment to rolling-out trans awareness and inclusion training acros5 ICB services (but, particularly, primary
carel,. and,
The identification of a Trans Healthcare Champion in every local Primary Care Network.
The ICB have responded positively to these three asks. and we have continued to work with them to monitor and advise on
their implementation. We believe these three simple, cost effective, actions will make a significant difference for trans people's
health, and trust in local healthcare providers. Citizens UK are now exploring how to replicate and roll-out this campaign to the
other areas of the country where they have local groups.
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
LG8TQ+ Health Survey
Through the trans access to healthcare campaign, we inspired Healthwatch Leicester and Leicester to plan and conduct a
survey of LGBTQ+ people in Leicester and Leicestershire to better understand their experiences of accessing health and social
care in the area. Trade helped co-produce the survey tool, actively promoted the survey to local LGBTQ+ communities, and
hosted a focus group so that Healthwatch could sense check their interpretation of the data and their resulting
recommendations. A report setting out these findings and recommendations will be published early in 2024125 and should be
a useful tool to Trade to use in its advocacy work with local healthcare provider5 and commissioners.
Financial review
After several years in which Trade's financial position was quite precarious. our income levels have stabilized and grown
modestly. Work has continued to develop on a new strategy designed to diversify our income streams, improve grant capture,
and reduce our reliance on a small number of contracts.
The statement of financial artivities on page 8 summarises the financial activities for the year ended 31 March 2024.
The statement of financial activities shows a total income of £259.325 and expenditure of £211,664.
This provides a surplus of £47,661 and there remains closing reserves of £184.596 carried forward. These funds are split
between the unrestricted funds, designated funds and restricted funds.
Reserves policy
Reserves in this financial year are up overall. In the current uncertain political and economic times, Trade needs to ensure
healthy reserve5, to minirnise the impact of the austerity provision5 on our service users.
Trade aims to keep a full 3 months running Costs in reserves and is currently runninE at that level. In addition to 3 months
running costs we have set aside a sum of money to reflect our legal obligation5 to fulfil our office lease and staff redundancy
should the need arise.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at
a level equivalent to three months of normal expenditure to cover the running costs requirements as outlined above. The
trustees estimate normal ongoing annual costs to be between £150.000 and £200,000 per year. This is reviewed annually.
Therefore, the minimum reserves we believe we need is £50,(MXI.
The charity had closing unrestricted reserves of £61.268 after transferring £252 to restricted funds and £50,000 to designated
funds as at the 31 March 2024.
Therefore, the trustees are satisfied with the level of reserves held but will continue to implement careful financial
stewardship to keep the reserves at an appropriate level. As we reported last year, we need to be constantly vigilant in
reviewing the financial needs of the charity and the requirement to provide the charitable activities that our service users
require.
Overall, the trustees are now content with the level of reseNes at the year-end but would still prefer to have greater assets at
their disposal, not just to cover liabilities, but to invest in new business development opportunities.
Principalfunding sources
Core funding is provided by Leicester City Council and Midlands Partnership Foundation Trust Ilntegrated Sexual Health
Services) to carry out activities governed by contracts procured through open tender.
In the current financial year, we hold contracts to deliver sexual health promotion outreach to GBMSM in the City of Leicester
as well as Leicestershire and Rutland. Furthermore, we have a Smaller contract to deliver sexual health promotion outreach to
'new arrivals, lof all sexualities) in the City of Leicester.
As previously mentioned, Trade is also an HIV Prevention England Local Activation Partner with funding following Service
delivery on that contract. Additional grants were awarded from local public health budgets and supported by MPFT to fund the
Health and Wellbeing Marquee at Leicester Pride. We have also received funding from the SOLIDI project for our work with
Chinese international students and UKHSA for our MPOX vaccination campaign las noted above).
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrirted Funds
During the year the charity reported a surplus on its general unrestricted funds.
The main unrestricted funds are financed from Midlands Partnership Foundation Trust. A breakdown of all income is shown in
note 3 to the accounts. Overall. we had unrestricted funding of £253,401 and spent £201,598, which meant there was a
surplus on unrestricted activities of £51.803 for the year before transfers between reserve funds of £252. This meant there
was an overall surplus of £51,551. We had reserves brought forward on our unrestricted funds of £75,000.
Therefore, we carry unrestricted reserves forward of £126.551.
Restricted Funds
In respect of our restricted funds. the Charity reports a deficit for the year purely because of timing differences between when
income was received and when expenditure was incurred in the previous year. This year we see a deficit on this expenditure
because of reversal of these timing anomalies. The deficit amounted to £3.361. A breakdown of our restricted funds is shown
in note 16 to the accounts.
We had a further 8 other ongoing restricted funds projects.
Dosti Group funding shows income of £ISO and expenditure of £144 enabling us to carry forward £461.
Pride funding shows income received of £5,294 an expenditure of £5,646 with a transfer to the fund from the
unrestricted fund of £252 bringing the carry forward to £nil.
SOLIDI Project shows an expenditure of £3,267 enabling us to carry forward £3,141.
Investment policy
Aside from retaining an amount in reserves each year. the charity's funds are to be spent in the short term so there are no
funds for long term investment.
Major risks
Risk M(Jnagement
The trustees actively review the major risks which the charity faces on a regular basis and believe that having 3 months
running costs as reserves currently, with a view to increasing that. combined with an annual review of the controls over key
financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other
operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant
risks.
Structurej governance and management
Governing Document
The organisation is a charitable company limited by guarantee. The company wa5 e5tabli5hed under a Memorandum of
Association which established the objerts and powers of the charitable company and is governed under its Articles of
Association. In the event of the company being wound up. members are required to contribute an amount not exceeding £1.
The trustees, who are also the directors for the purpose of company law. and who served during the year and up to the date of
signature of the financial statements were..
N Burbidge
Kconey
S Fewster
(Resigned 18 April 2023}
IResigned 13 December 20231
(Resigned 15 January 2024 and reappointed 6 April 20241
(Resigned 13 December 20231
S Harrison-moran
R Clitsome
S Sekalala
D Yeomanson
L Calvey
L Brooker
(Appointed 18 April 20231
(Appointed 3 July 20231
IAppointed 3 July 2023}
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Recruitment t7nd Appointment of Mt7nogement Committee
The directors of the company are also charity Trustees for the purposes of charity law and under the company's articles are
known as members of the Management Committee. As Trade is an organisation with a remit to work specifically within
communities that seek specialised equality, diversity. and inclusion, therefore the charity seeks to ensure that this is reflected
in the membership of the Trustee body.
Our Company Secretary, Paul Trunkfield, had a period of extended sick leave in early 2024. This, indirectly, resulted in a delay
in submitting our annual return for 2022123 to the Charity Commission. Mr Trunkfield resigned as Company Secretsry and left
the charity in March 2024.
Trustee Induction and TruinAng
During 2022123 we had begun to expand the size of our B03rd of Trustees after a period of stagnation. During the current
reporting period, we recruited and trained three new Trustees. Unfortunately, two existing Trustees resigned at our AGM on 13
December 2023. A third, Sylvester Harrison-moran. resigned to avoid a potential conflict of interest, as he intended to apply
for a vacant post on our Health Promotion team. Having been unsuccessful in his job application, he expressed an interest in
rejoining the Board and it is likely he will be reappointed in early 2024125. New and potential board members are subjert to a
rigorous application and recruitment process, including indudion sessions regarding Trade's services and the roles and
responsibilities of being a Charity Trustee. They also have access to training delivered by local and national voluntary sector
infrastructure organisations that Trade is attiliated with.
Qrgoni5ational strurture
The Board of Trustees administers the charity and meets every six weeks to oversee the charity's operations, provide
governance oversight, and to drive the strategic develop of the charity's work. The Chair of Trustee is in contact with the CEO
on a weekly basis and provides formal supervision to the CEO monthly.
Trade has had a full staff team for much of the current reporting year, but two periods of extended sick leave and subsequent
resignations impacted on our operational capacity at times. The charity has three full-time members of staff: the Chief
Executive Officer, a Senior Health Promotion Worker, and a Health Promotion Worker. There are also three part-time members
of staff- a Business Support Officer10.6 FTEI, a Volunteer and Community Development Coordinator (their substantive post is
0.6 FTE, but since January 2024 they have been working an additional day a week on the Street Smart project, meaning that
the post is 0.8 FTE for the 2024 calendar yearl. Finally, we have a part-time Counselling Service Manager, this year we have
expanded the hour available for this post to meet the demands of rebuilding the counselling service and the incumbent
postholder has been working on a 0.6 contract since January 2024. We also have a team of c.50 volunteers who contribute
to all areas of the charities work- some are engaged on a weekly basis, whilst others offer specific, focused engagement once
or twice a year. It is the role of the Chief Executive Officer to ensure the supervision of the staff and volunteers and ensure that
the team continues to develop their skills and working practices in line with good practice.
TRADE SEXUAL HEALTH
TRUSTEES REPORT (INCLUDING DIREcfoR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Rel(Jted Parties
In addition to the various contractual relationships outlined elsewhere in thi5 report, Trade 15 a member of several local and
national voluntary sector infrastructure organisations, including the National Council for Voluntary Organisations INCVOI, the
local VSCE Collaboration network and Reaching People in Leicester. These organisations provide us with access to information,
advice and training to improve our work. and create opportunities for partnership working with other local charities, including
collaborative funding applications. We are active participants in the VCSE Alliance organised by the Leicester, Leicestershire,
and Rutland Integrated Care Board and are represented on their Better Mental Health for All group. We participate in the
Response to Sexual Violence IR2SVI group organised by the local Sexual Assault Referral Centre. as well as the local Violence
Reduction Network. These local networks raise our profile and help us to advocate for the needs of local LGBTQ+ people and
PLHIV. We also participate in the Multi-Agency Forum for Asylum-seekers in Leicester, which helps extend the reach and
impact of our 'new arrivals, work.
Each week, we host a member of staff from Turning Point, the drugs and alcohol service. who works out of our office for an
afternoon. This allows effective joint working supporting the needs of LGBTQ+ people who have a problematic relationship to
drugs and/or alcohol. This allows us to effertively cross-refer service users between our respective services, allowing joined up
work to improve their mental and sexual health, whilst also supporting their recovery from addiction.
This year we have been working with the TREC - the Race Equality Centre on their community allotment project - bring our
volunteers and some of the LGBTQ+ asylum-seekers we support to engage in growing food with asylum-seekers supported by
TREC'S services.
As a result of our joint work on the Trans Access to Healthcare campaign, this year Trade has also joined Leicestershire Citizens,
and our CEO now sits on their local leadership team. This brings us more centrally into the leadership of the trans healthcare
campaign, as well as enabling us to support their other projects that align with our charitable objects. We have also developed
stronger relationships with the schools. faith groups, and charities that are also members of Leicestershire Citizens and this has
extended the reach and impact of other areas of our work.
The trustees report was approved by the Board of Trustees.
K Coney
Dirertor
2 October 2024
TRADE SEXUAL HEALTH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TRADE SEXUAL HEALTH
I report to the trustees on my examination of the financial statements of Trade Sexual Health (the charity) for the year ended
31 March 2024.
Responsibilitie5 and basi5 Qf report
As the trustees of the charity land also its directors for the purposes of company lawl 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 Art 2011 (the 2011 Act). In carrying out my examination I have followed all the
applicable Directions given by the Charity Commission under section 14515llb} of the 2011 Act.
Independent examiner's 5taternent
Since the charity'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 l am qualified to undertake the examination because l 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-
accounting records were not kept in respect of the charity as required by section 386 of the 2(6 Act,. or
the financial statements do not accord with those records: or
the financial statements do not comply with the accounting requirements of sertion 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of an independent
examination,. or
the financial statement5 have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
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.
Thomas Mayfield BA FCA
Mayfield & Co IAccountantsl Ltd
2 Merus Court
Meridian Business Park
Leicester
LE19 IRJ
Dated- 2 October 2024
10-
o m
O LD
Ln
TRADE SEXUAL HEALTH
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Notes
Current asset5
Debtors
Cash at bank and in hand
Iz
30,197
159,390
18,636
129,688
189.587
14,9911
148,324
111,3891
Creditors: amounts falling due within one year
13
Net current assets
184.596
136.935
Net assets excluding pension liability
184.596
136,935
The funds ofthe charity
Restricted income funds
Unrestricted funds - general
Unrestricted funds - Designated
15
16,751
61,268
106.577
6,963
75,000
54,972
16
184,596
136,935
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. No member of the company has deposited a notice, pursuant to section 476, requiring an
audit of these financial statements.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect
to accounting records and the preparation of financial statements.
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
companie5 regime.
The financial statements were approved by the trustees on 2 Ortober 2024
D Yeomanson
Director
Company registration number 03958484 (England and Wales)
13-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Trade Sexual Health is a private company limited by guarantee incorpordted in England and Wales. The registered office
is 2nd Floor, 27 Bowling Green Street, Leicester, LEI 6AS.
1.1 Accounting convention
The account5 have been prepared in accordance with the charity's governing document, 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 IFRS 1021" las
amended for accounting periods commencing from l January 20161. The charity is a Public Benefit Entity as defined by
FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to
prepare a Statement of Cash Flows.
The financial statements are prepared in sterling. which is the functional currency of the charity- Monetary amount5 in
these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified to include the revaluation
of freehold properties and to include investment properties and certain financial instruments at fair valuel. The
principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements. the trustees have a reasonable expectation that the charity has
adequate resources to tontinue in operational existence for the foreseeable future. Thus the trustees continue to adopt
the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors a5 to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment fund5 are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the
amounts can be measured reliably, and it 15 probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the
donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the
amount is known, and receipt is experted. If the amount is not known, the legacy is treated as a contingent asset.
14-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
{Continuedl
1.5 Expenditure
Expenditure is recognised once there is 3 legal or construrtive 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 15 classified by activity- The costs of each artivity 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 artivities 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.
All expenditure is accounted for on an accruals basis and has been classified under headinES that aggregate all costs
related to the category.
Support costs are those costs incurred directly in support of expenditure and the objects of the charity. Governance
costs are those incurred in connettion with administration of the charity and compliance. with constitutional and
statutory requirements
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depretiation
and any impairment1055es.
Depreciation is recogni5ed so a5 to write off the cost or valuation of assets le5S their residual values over their useful
lives on the following bases:
Fixtures, fittings & equipment
20% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the
arrying value of the asset. and is recognised in the statement of financial activities.
All assets owned by the charity have now been fully depreciated
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 only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic
financial instruments are initially recognised at transaction value and subsequently measures at their settlement value
with the exception of bank loans, which are subsequently measured at amortised cost using the effective interest
method.
Ba5icfinanciToI a55ets
Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price
including transactloll COSt5 and are subsequently carried at 3morti5ed c05t Using the effective interest method unless
the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not
amortised.
15-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
{Continuedl
Baslcfinonclol liobilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the
arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations
from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they
are presented as non-current liabilitie5. Trade creditors are recognised initially at transaction price and subsequently
measured at amortised cost using the effective interest method.
Derecognition offinancial liabilitie5
Financial liabilities are derecognised when the charivs contractual obligations expire or are discharged or cancelled.
1.9 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
1.10 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they frdll due.
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 factor5 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.
Income from donations and legacies
Unrestrirted
fvnds
2024
Restrirted
fvnd5
2024
Totsl
Unrestricted
fund5
2023
Restricted
funds
2023
Total
2024
2023
Donations and gifts
Grants receivable
75,076
300
75,376
23.368
9.063
9,063
19,875
23,368
19.875
75,076
23,668
98,744
9,063
19,875
28,938
16-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
{Continuedl
Unrestricted
funds
2024
Restricted
funds
2024
Total
Unrestricted
funds
2023
Restricted
funds
2023
Total
2024
2023
Donations and gifts
General Donations
East Midlands Sexual Health
Corporate Donations
Pride Donations
126
126
9,063
9,063
72,467
2,483
72,467
2.483
300
300
75,076
300
75.376
9.063
9.063
Grants receivable for core activities
PCC Street Smart
UKHSA Campaign
SOLIDI Project
Therapeutic Juniper Lodge
SLP Project
9,678
9.678
6,71JO
9.575
6,700
9.575
13,690
13.690
3,6
3,600
23,368
23.368
19,875
19,875
Income from charitable activities
Unrestricted
funds
2024
Restricted
funds
2024
Totsl
Unrestricted
funds
2023
Restricted
funds
2023
Total
2024
2023
Charitsble activities
Services provided under
contract
153,832
153.832
5,144
169.628
169,628
1,055
Ancillary trading income
5.144
1,055
153,832
5,144
158.976
169.628
1.055
170,683
17-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from investments
Unrestricted Unrestricted
Totsl
Unrestricted Unrestricted
Total
funds
funds
general Designated
2024
2024
fund5
funds
general Designated
2023
2023
2024
2023
Interest receivable
1.605
1.605
617
617
Expenditure on charitable activities
Charitable
Charitable
Expenditure Expenditure
Unrestricted
Restricted
2024
2024
Totsl
Charitable
Charitsble
Expenditure Expenditure
Unrestricted
Restricted
2023
2023
Total
2024
2023
Direct costs
Staff costs
Staff and volunteer costs
lincluding trustees)
Sundry equipment and
computer costs
Rent, rates, light and heat
Miscellaneous expenses
Repairs and cleaning
Insurance
110,482
8.703
119.185
53.352
15.591
68,943
3,565
1,516
5,081
6,559
6,559
1,589
16,200
3,270
2,537
3,846
1.589
16,200
3,270
2.537
3.846
3.082
17.960
2,251
3.486
3.726
3,082
18,360
2,251
3.486
3.726
Printing, postage and
stationery
Advertising and publicity
Condoms and other
resources
1,856
158
1,856
158
2,054
202
2,054
202
907
9.057
9.964
529
2.156
14,528
16,684
Bad debts
Telephone
Travel costs
529
3,492
576
3.492
576
4.410
83
4.410
83
149,007
19,276
168.283
99,321
30,519
129,840
Share of support and governance costs {5ee note 7)
Governance
43,381
43,381
28,408
28,408
192,388
19.276
211,664
127.729
30,519
158,248
Analysis by fund
Unrestricted funds general
Restricted funds
192,388
192.388
19,276
127.729
127,729
30,519
19.276
30,519
192,388
19.276
211,664
127.729
30,519
158,248
18-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocated to artivities
2024
2023
Governance tosts
43,381
28,408
Analysed between:
Charitable Expenditure Unrestricted
43,381
28,408
2024
2023
Governance costs comprise:
Staff costs
Independent examiner fees
Legal and professional
Bank charges
34,898
2,895
5,118
470
20,754
3,153
4,044
457
43,381
28,408
Net movement in fund5
2024
2023
The net movement in funds is stated after chargingllcreditingl=
Fees payable for the independent examination of the charity's financial statements
2,895
3,153
Tru5tee5
None of the trustees lor any persons connerted with them) received any remuneration during the year, and none of
them were reimbursed for travelling expenses12023- £nill.
io
Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
General staff
19-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
io
Employees
{Continuedl
Employment cost5
2024
2023
Wages and salaries
Other pension costs
150,410
3,673
85,663
4,034
154,083
89,697
There were no employees whose annual remuneration was more than £60,0.
Remuneration of key management personnel
2024
2023
Aggregate compensation
43,640
12,402
li
Taxation
The charity's activitie5 fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act
1988. Accordingly, there is no taxation charge in these accounts.
12
Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Other debtors
24,943
5,254
15,636
3.000
30,197
18,636
13
Creditors: amounts falling due within one year
2024
2023
Trade creditors
Other creditors
Accruals and deferred income
628
6,575
1.614
3,200
1,028
3,335
4,991
11,389
-20-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14
Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
3,673
4,034
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are
held separately from those of the charity in an independently administered fund.
15
Restricted fund5
The income funds of the charity include restritted funds comprising the following unexpended balances of donations
and grants held on trust for specific purposes-
At l April 2023
Income
Expenditure
Transfers
At 31 March
2024
Pride
DOSTI Group
SOLIDI Project
PCC Street Smart
Therapeutic Juniper Lodge
100
5.294
150
15.6461
11441
16.4081
11.7081
15,3701
252
455
461
6,408
9.678
13.690
7,970
8,320
6,963
28,812
{19.2761
252
16,751
Previous year:
At l April 2022
Income
Expenditure
Transfers
At 31 March
2023
Pride
DOSTI Group
UKHSA Campaign
MOJ Funding
NHSE Surge Funding
HIV Stigma March
SOLIDI Project
SLP Project
4,404
250
100
14.4041
12301
16,7001
15.2591
16.1681
19911
13,1671
13.6001
100
435
455
6.700
5,259
6,168
520
471
9,575
6,408
16.081
20.930
{30,5191
471
6,963
21
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16
Unrestrirted funds- Designated
These are unrestricted funds which are material to the charity's artivities.
At l April 2023
Income
Transfers
At 31 March
2024
Strategic Development fund
54.972
1.605
50,000
106.577
Previou5 year:
At l April 2022
Income
Transfers
At 31 March
2023
Strategic Development fund
54,972
54,972
During the year Trade Sexual Health received £72,467 from East Midlands Sexual Health following its closure. Trade has
allocated £50,000 from this donation to its designated 'strategic development fund, which will be used to underpin
improvements to the charity'5 digital infrastructure, and a seed funding for new initiatives in pursuit of the charity's new
strategic plan.
Bank interested received on our deposit account is specifically allocated to our designated fund as most of our
designated funds are kept on deposit.
17
Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject
to specific conditions by donors and grantors as to how they may be used. These include designated funds which have
been set aside out of unrestricted funds by the trustees for specific purposes.
At l April 2023
Income
Expenditure
Transfers
At 31 March
2024
General funds
75,000
228.908
{192.3881
150,2521
61,268
Previou5 year:
At l April 2022
Incorne
Expenditure
Transfers
At 31 March
2023
General funds
78,864
179,308
{127.7291
155,4431
75,000
-22-
TRADE SEXUAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18
Analysis of net assets between funds
Unre5trirted
funds
general
2024
Unre5trirted
funds
Designated
2024
Re5trirted
funds
Total
2024
2024
At 31 March 2024:
Current assets/lliabilitiesl
61.268
106.577
16,751
184.596
61,268
106.577
16,751
184,596
Unrestricted
Unrestricted
Restricted
Total
funds
general
2023
funds
Designated
2023
funds
2023
2023
At 31 March 2023:
Current assets/lliabilitiesl
75.(MX)
54.972
6,963
136,935
75,0(Kl
54,972
6,963
136,935
19
Company limited byguarantee
Trade Sexual Health is a company limited by guarantee and accordingly does not have Share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the
assets of the charitable company in the event of its being wound up while he or she is a member, or within one year
after he or she ceases to be a member.
-23-
## **Signature Certificate**
Reference number: WUNVT-I8UE3-ZFFMD-GHGBC
**----- Start of picture text -----**
Signer Timestamp Signature
Sa @ Se 0 i a a ee ae a ae a Sa se.
**----- End of picture text -----**
## **Kenneth Coney**
Email: k.coney@tradesexualhealth.com Shared via link
Sent: Viewed: Signed:
02 Oct 2024 16:00:23 UTC 02 Oct 2024 16:56:26 UTC 02 Oct 2024 16:56:44 UTC
IP address: 104.28.40.116 Location: Birmingham, United Kingdom
## **David Yeomanson**
Email: david@tradesexualhealth.com Shared via link
Sent: Viewed: Signed:
02 Oct 2024 16:00:23 UTC 02 Oct 2024 20:25:23 UTC 02 Oct 2024 20:26:27 UTC
IP address: 80.5.81.221 Location: Leicester, United Kingdom
## **Thomas Mayfield**
Email: tom@mayfieldandco.co.uk Shared via link
Sent: Viewed: Signed:
02 Oct 2024 16:00:23 UTC 03 Oct 2024 08:32:48 UTC 03 Oct 2024 08:33:30 UTC
IP address: 109.73.121.1 Location: Ruislip, United Kingdom
Document completed by all parties on: 03 Oct 2024 08:33:30 UTC
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