DERBYSHIRE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
FOR
31 MARCH 2024
Company Registration Number 3873291
Charity fqumber 1088868

DERBYSHIRE LGBT+
COMPANY LIMITKD BY GUARANTEE
FINANCIAL STATEMENTS
YEAR EIYDED 31 MARCH 2024
Contents
Page
Members of the board and professional advisers
Trustees, annual report
Independent Examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
8-14

DERBYSHtRE LGBT+ LTD
COMPANY LIMrrED BY GUARANTEE
MEMBERS OF THE BOARD AIYD PROFESSIONAL ADVISERS
The board of truste&sldirectors
th
D. Merrison (Resigned 18 March 2024)
J. Rand
D. Ashton
M. Carter
M, Butler (Appointed 18th September 2023)
Company secretary
J. Rand
Registered office
25 Curzon Street
Derby
DEI ILH
Independent Examiner
Mark Newey ACMA
Derby Community Accountancy Service
Babington Lodge
128 Green Lane
Derby
DEI IRY

DERBYSHIRE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
The trustees, who are also Directors for the purposes of the Companies ACL have pl¢asure in
presenting their report and the unaudited fmancial statements of the charity for the year ended 31
March 2024.
OBJECTIVES AI¥D ACTIVITIES
To relieve the mental and emotional crises suffered by persons who are gay, lesbian, bisexual,
transgender or in doubt about their sexual identity or by those who may be affected by or involved
with such persons. In particular, by giving of advic¢, counsel and help from members of the
company working under direction who are selected and prepared to give such advice, counsel and
help.
This is in accordance with the charity's goveming document, the Memorandum and Articles of
Association of 8 November 1999 as amended by special resolution dated 2 September 2001,
certificate of incorporation upon change of name, dated 19 July 2003 and special re501ution dated
29 January 2005.
UMMARY OF THE MATN ACTIVITIES UNDERTAKEN FOR T
IN
N TO THESE OBJECTIVES
LIC BENEFIT
In planning our activities for the year we kept in mind the Charity Commissions guidance on
publi¢ benefit at our trustees meetings.
The aim of Derbyshire LGB T+ Ltd is to advise, assist, infonn and support any person in doubt
about their sexuality or experiencing difficulty in their lives r¢lating to their or another person's
sexuality. I"he charity also provides advice. assistance and support relating to sexual h¢alth.
Derbyshire LGBT+ Ltd is open to all individuals in line with the Equality Act 2010.
It operates principally within Derby and Derbyshire although it is becoming recognised as the
leading LGBT+ provider throughout the East Midlands.
CHIEVEMENTS AND PERFORMANCE
2023-2024 has been another successful year for Derbyshire LGBT+. We have continued to
rebuild our reserves and managed to fund our services for another year, in difficult fingncial
times for the voluntary sector.
We have invested in creating a Kitemark that organisations can achieve to show they
understand LGBT+ people and their needs. This is a paid service and has helped to finance
the organisation and improve services for LGBT+ people within the businesses that sign up.
We have gained fLmding and recruited a family's worker, who is supporting LGBT+ families
in the many challenges that they may face and to create parent champions, who can advocate
on behalf of LGBT+ families. W¢ continue to be the only LGBT+ organisation that has two

DERBYSHtRE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
TRUSTEES, AIYNUAL REPORT
YEAR ENDED 31 MARCH 2024
dedicated centres within our County. We are diversifying our income streams by renting out
space, our accreditation scheme. and building on our training packages.
Financial Review
Reserves Policy
The Trustees and Management are working towards rebuilding our reserves over the next two
years. This will allow us to use non ring-fenced money/grants to sustain the organisation in
the short terni should thc funding climate become more difficult. We have a responsibility to
have reserves in place to meet out statutory obligations and lo run Derbyshire LGB T+ Ltd
whilst further funding is sought.
TRUCTURE GOVERNANCE AND MANAGEME
Governing document
Derbyshire LGBT+ Ltd is based at 25 Curzon Street, Derby, which is the company's registered
office and the principal addr¢ss of the charity. Derbyshire LGBT+ Ltd is a company limited by
guarantee and not having a share capital (company registration No. 3873291) and Registered
Charity (No. 1088868).
Trustee selection methods
The Board of Trust¢¢s has up to l 2 Trustees that can be elected. All are elected on a bi-monthly
basis by the membership of Derbyshire LGBT+ Ltd. New Trustees go through an induction
process following their appointment or election. The Board meets on a monthly basis.
Risk management policy
The Trustees and the Management Cornmittee have examined the key strategic, business and
operational risks which Derbyshire LGBT+ Ltd faces and confinns ihat systems, policies and
procedur¢s have been established to enable regular reports and assessments to bc produced so that
all the necessary steps can be taken to lesscn these and any potential risks. Derbyshirc LGBI"+
Ltd as part of its development work addresses risks (including Financial) to the viability of the
organisation and is subject to six monthly review as per our governance arrangements. Risks have
been identified both intemally and externally and policies and procedures adopted to ameliorate
any potential risks.
Derbyshire LGB T+ Ltd system of internal controls are designed to provide reasonable, but not
absolute assurance against material misstatement or loss. They include:
A strategic plan and an annual budget approved by the Trustees.
Regular consideration by the Trustees of financial results, variance from budget. non-
financial performance indicators and benchmarking reviews.
Delegation of authority and segrcgation of duties;
Identification and management ol risks.

DERBYSHIRE LGBT+ LTD
COMPANY LIKtTED BY GUARANTEE
TRUSTEES) ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
Independent Examlner
Mark Newey ACMA of Derby Community Accountsncy Service will continue in office as
independent examiner for the ensuing year.
Small company provisions
This report has been prepared in accordanc¢ with the special provisions for small companies
under Part 15 of the Companies Act 2006.
Registered office:
Signed on behalf of the trustees
25 Curzon Street
Derby
Jim. Rand
Treasurer
Date
0( /11/202

DERBYSHIRE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT TO TRUSTEES
YEAR ENDED 31 MARCH 2024
Independent ExamÉner's Report to the Trustw of Derbyshire LGBT+ Ltd
I report on the accounts of the company for the year ended 31 March 2024 which are set out on pages
6tol4.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are
responsible for the preparation of the accounts. The trustees consider that an audit is not required for
this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent
¢xamination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for
indepcndent cxatnination, it is my rcsponsibility to:
examine the accounts under section 145 of the 2011 Act.
follow the procedures laid down in the general Directions given by the Charity Commission
(under section 145(5)(b) of the 2011 ACL as amend¢d)' and
stat¢ whether particular matters have Come to my attention.
Basis of independent examiner's statement
My examination was catried out in accordance with general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
compari50n of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustces concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair
view" and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
Which gives me reasonable caus¢ to believe thaL in any material respec¢ the requirements
to keep accounting records in accordance with section 386 of the Companies Act 2006. and
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of section 396 of the Companies Act 2006 and with the methods and principlcs of
the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met" or
to which, in my opinion, attention should be drdwn in order to enable a proper understanding of
the accounts to be reached.
olir)12
Name: Mark Newey ACMA
Address: Derby Community Accountancy Service, Babington Lodge. l28 Green Lane, Derby.

DERBYSHIRE LGBT+ LTD
COMPANY LtMrrED BY GUARANTEE
STATEMENT OF FINANc￿L ACTIVITIES
YEAR ENDED 31 MARCH 2024
Total Funds
Year to 31
Mar 2024
Total Funds
Yearto 31
Mar 2023
Unr￿trICted
Funds
Restricted
Funds
Note
Income from:
Donations
Investment income
Grant receivable
Other income
42,670
1,340
20,201
42,670
1,340
188,791
33.087
258
125,812
507
168,590
Total incoming resourc
64,211
168,590
232,801
159,664
enditure on
Raising Funds
Charitable activities
59,853
174J48
234,201
214,997
Total resourees expended
59,853
174,348
234,201
214.997
Net incomingl(outgoing)
resources before transfers
Transfer between funds
4?58
(5,758)
(1,400)
(55,333)
Net movement in funds
Funds brought forward
4,358
102,807
(5,758)
16,849
(1,400)
119,656
(55,333)
174,989
Funds carried forward
107,165
11,091
118,256
119,656
The charity has no reco￿lSed gains or losses other than the results for the
year as set out above.
All of the activities of the charity are classed as continuing.
The notes on pages 8 to 14 form part of these financial statements.

DERBYSHIRE LGBT+ LTD
COMPANY LIMITED BY GUARAIYTEE
BALANCE SHEET
31 MARCH 2024
2024
2023
Note
Current assets
Debtors
Cash at bank and in hand
10
8,846
110,633
5,124
148,630
119,479
153,754
Creditors: amounts falling due
within one year
11
1,223
34,098
Net current assets
118,256
119,656
Total assets less current liabilities
118,256
119,656
Net assets
118256
119,656
Funds
Restricted
Unrestricted - general reserves
Unrestricted - designated reserves
12
12
12
11,091
35,980
71,185
16,849
1,865
100,942
TOTAL FUNDS
118256
119,656
For the year ended 31 March 2024 the company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
(i) The members have not required the company to obtain an audit of its accounts for the year in
question in accordance with section 476. and
(li) "I'he directors acknowledge their responsibilities for complying with the requirements of the
Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions for small
companies under Part 15 of the Companies Act 2006.
These financial statements were approved and authorised for issue by the members of the
committee and are signed on their behalf by:
J. Rand
Chair
Date
01/1 I/ZL)LLt
Company Re8lStration Number: 3873291
The notes on pages 8 to 14 form part of these financial statements.

DERBYSHIRE LGBT+ LTD
Col￿ANy LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMEiYrs
YKAR ENDED 31 MARCH 2024
Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the preparation of the financial statements are as follows:
Company information
Derbyshir¢ LGBT+ Ltd is a company limited by guarantee not having a share capital. The
company's registered office is, 25 Curzon StreeL Derby, DEI ILH. At the end of the year
there were 4 Trustees, each of whom. under the ternis of the Memorandum and Articles of
Association, had undertaken to contribute the sum not exceeding £ l in the event of a winding
up of the company.
1.1 Accounting convention
These accounts have been prepared in accordance with FRS 102, "The Financial Reporting
Standard applicable in the UK and Republic of Ircland" ("TrRS 102"), "Accounting and
Reporting by Charities" the Ststement of Recommended Practice for charities applying FRS
102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it apples
from l January 2015. The charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in Sterling which is the functional currency of the company
Monetary amounts in these financial statements to the nearest £.
The accounts have been pr¢pared on historical cost convention apart from freehold property
that is carried at market value. The principal accounting policies adopted are set out below.
These are accounts for the year ended 31 March 2024 prepared in accordance with FRS 102,
The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of
transition to FRS 102 was l April 2015.
1.2 Going concern
At the time of approving the accounts, the directors have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future.
Thus the Trustees continue to adopt the going concern basis of accounting in preparing the
accounts.
1.3 Charitable Funds
Unrestricted funds att available for use at the discretion of the trustees in furtherance of the
general objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustee5 for particular purpos¢s.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or
through the tern]s of an appeal.
1.4 Incoming resources
All incoming resources are included in the SOFA when the charity Is legally entitled to the
income and the amount Can be quantified with reasonable accuracy. Gifts in kind have been
included at market value of gifts received and in assets acquired. No amounts are included in
the financial statements for services donated by volunteers.

DERBYSHIRE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
1.5 Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all costs relating to the category. Where costs cannot be directly attributed to
particular headings they have been aljocated to activities on a basis consistent with use of the
resources. Fundraising costs are those incurred in seeking voluntary contributions and do not
include the costs of disseminating information in the support of the charitable activities.
1.6 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discounts
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.7 Cash and cash equiv8Ients
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-
tenn liquid investments with original maturities of thrcc months or less. and bank overdrafts.
Bank overdrafts are shown within borrowings in current liabililies.
1.8 Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event that will probably result in th¢ transfer of funds to a third paty and the
amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are nonnally recognised at iheir settlement amount after allowing for any trade
discounts due.
1.9 Financial instruments
The Charity has financial assets and fjnancial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value.
Derecognilion offinancial liabililies
Financial liabilities are derecognised when the company's contractual obligations expire or
are discharged or cancelled.
1.10 Employee benefits
The Cost of any unused holiday entitlement is recognised in the period in which the
employee's services are received.
T¢rmination benefits are recogniscd immediately as an expense when the company is
demonstrably committed to tern)inate the employrnent of an employee or to provide
termination benefits.
1.11 Taxation
The charity is exempt from tax on income and gains falling with section 505 of the Taxes Act
1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are
applied to its charitable objects.
1.12 Depreciation
Individual fixed assets are capitalised al cost and are depreciated over th¢ir estimated useful
economic lives on a reducing balance basis as follows:_

DERBYSHIRE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 TrtARCH 2024
Asset category
Equipment
Fixtures and Fittings
Annual rate
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the directors 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 estimated and associated assumptions
are based on historical experience and other factors that are considered to be relevant. Actual
results may differ from these estimates.
3. Donations
Total Funds
Year to 31
Mar 2024
Total Funds
Yearto31
Mar 2023
Unrestricted Restricted
Funds
Funds
Donations and fundraising
42,670
42,670
33,087
42,670
42,670
33,087
4. Incoming resources from the Charitable activities
Total Funds
Unrestricted Restri¢ted Year to 31
Funds
Funds
Mar 2024
Total Funds
Yearto31
Mar 2023
National Lottery Community Fund
Derbyshire Voluntary Action
Derbyshire Community Health Service
Children in Nc¢d
Erewash Voluntsry Action
Community Action Derby
Platfonn Housing
Charites Trust
Derbyshire County CouncAI
120,250
120,250
65,000
4,437
19,498
31,877
5,000
18,806
18,806
41,780
41,780
6,560
6,560
500
45
850
500
45
850
20201
168,590
188,791
125,812
Interest receivable
Year to 31
Mar 2024
Yearto31
Mar 2023
Bank interest receivable (unrestricted)
1,340
258
10-

DERBYSHIRE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR EIYDED 31 MARCH 2024
Total resources expended
Staff costs
Travel costs
Rent, rates & insurance
l-Ieat and Light
Fees
Postage, stationery &
telcphone
Maintenance & renewals
Project costs
Office equipment
Hospitality
Training
Sundries
Fundraising
Accountancy fees
Returned grant
Direct
Direct
Direct
Direct
Direct
161,471
6,419
33,672
4,088
8,229
148,063
5,718
34,339
3,694
8,156
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
Direct
3,387
8,755
732
1,871
717
4,195
2,430
723
2,054
615
95
4.065
2,647
1,213
1,000
850
234,201
214,997
Expenditure on charitable activities was £234,201 (2023: £214,997) of which £174.348 was
restricted (2023 £137,510)
Net {expenditure)/income
Net (expenditure)/income for the year is stated after chargingl(creditin8):
2024
2023
Independent Examiner's Fees
1.000
850
8. Directors and key management personnel
During the year trustees did not receive remuneration. The key management peysonnel of the
charity consist of the trustees. the Chief Executive Officer and other members of the senior
management team. The total employment benefits of the key management personnel were
£47,215 (2023: £44,115)
11

DERBYSHtRE LGBT+ LTD
coTrtPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMEiYrs
YEAR EI¥DED 31 MARCH 2024
Employees
No employee earned more than £60.000 annum. No trustees were reimbursed for
expenditure.
The average nulnber of staff employed by the charity during the financial year amounted to:
Year to
31 Mar
2023
Year to
31 Mar
2024
Direct Charitable Staff
Governance
The aggregate payroll costs Ivere:
Year to 31
Mar 2024
Yearto31
Mar 2023
Wages and salaries
Social security costs
Pension costs
144,063
12,369
5,039
131,533
11,327
5,203
161,471
148,063
10. Debtors
2024
2023
Derbyshire County Council
Ashbrook Infant & Nursery School
Derby University
Derbyshire Community Health Service
Ingeus UK Ltd
Other
400
500
200
6,269
792
1,250
500
240
3,134
8,846
5,124
12-

DERBYSHlllE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMEwrs
YEAR ENDED 31 MARCH 2024
11. Creditors: Amounts falling due Ivithin one year
2024
2023
Deferred income
National Lottery Community Fund
32,500
Trade creditors
1223
1,598
1223
34,098
12. Statement of funds
At
l April
2023 Incoming Outgoing Transfers
At
31Mareh
2023
General reserve
Designated reserve
1,865
100,942
64,211
(56,472)
26,376
(3,381) (26,376)
35,980
71,185
Total unrestricted funds
102,807
64211
(59,853)
107,165
The National Lottery
Community Fund - Trans
Project
The National Lottery
Community Fund
Children in Need
National Heritage Lottery
Feeling Connected
Erewash Voluntary Action -
Joined Up Care
Community Action Derby
237
(237)
3,342 120250
3,852
41,780
1,500
2,918
(128,570)
(34,629)
{4,978)
11,003
1,500
(2,918)
5,000
(5,000)
(2,994)
6,560
3,566
Total restricted funds
16,849 168,590
(174,348)
11,091
Total funds
119,656 232,801
(234201)
118,256
Designated Funds
Derby Centre improvements
Chesterfield Centre Refurbishment
IT upgrade
Contingency Reserve
TOTAL
8,264
6.732
7,689
13-

DERBYSHtRE LGBT+ LTD
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Restricted Funds
The National Lottery Community Fund- New Frontiers- This funding is for the core costs of
running our centres to support the LGBT+ comrnunity of Derbyshire
The National Lottery Community Fund - Trans Project - Was for organisational costs for the trans
group.
Children in Need - Core funding to run youth groups across Derbyshire
National Heritage Lottery/Other Stories - This funding is used to research LGB T+ peoples stories
from the past and the present and develop oral histories and exhibitions
Feeling Connected- This funding is to create and run social groups to reduce isolation in
Chestcrfield.
Community Action Derby- The funding was for a family project.
13. Analysi5 of net assets
Tangible
fixed assets
Other
net assets
Tot21
Unrestricted funds
General reserve
Designated Funds
35,980
71,185
35,980
71,185
Restricted funds
The National Lottery Community Fund
Children in Nccd
National14eritage Lottery
Community Action Derby
(4,978)
11,003
1,500
3,566
(4,978)
11,003
I,soo
3,566
Total restricted funds
11,091
11,091
Total funds
118,256
118,256
14. Related party transactions
The charity had no related party transactions that required disclosure.
14-