2025-03-31-accounts - Consortium Of Lesbian, Gay, Bisexual And Transgender Voluntary And Community Organisations

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Charity registration number 1105502 Company registration number 03534603 (England and Wales) THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS LEGAL AND ADMINISTRATIVE INFORMATION Trustees Y Mislry (Chair of Trustees) R J Chace {Treasurerl A, Ceccarelli {Appointed 16 September 20241 E J Macaulay C Pethick (Appoinled 16 September 2024} l L Candan H Pittman Secretary P Roberts (CEO) Charity number 1105502 Company number 03534603 Registered office Zone 5 Wrentham Business Parf( Exeter Devon Uniled Kingdom EX4 6NA Auditor Price Bailey LLP 36 Tyndall Court Commerce Road Lynchwood Pelerborough PE2 6LR

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS CONTENTS Page Trustees, report Slalement of trustees, responsibilities 10 Independent auditor's report 11- 13 Stalement of financial activities 14 Balance sheet 15 Statement of cash flows 16 Notes lo the financial statements 17-31

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for Ihe year ended 31 March 2025. Chair's Introduction When I look back over Ihis past year, the first thing that comes to mind is gratitude. Consortium has such an incredible team, and so much of their work happens quietly in the background. It's the kind of work most people never see, yel il keeps everything moving and makes the difference for our members. A special thank you to Paul for his leadership and lo the whole team for the way you've navigated such difficuli times with such heart. This year has also brought deep challenges, particulady for our trans and non-binary siblings, following in the wake of the Supreme Court ruling. It has shaken many of us deeply. Anger in moments like this is natural and justified. Bul l also know thal when we live only in that place of anger, il can drain us. Resilience has to come from within, and part of our journey is learning how to channel Ihal energy into action and into connection with each other. I want to express my gratitude to my fellow Board members. We are all volunteers, juggling full lives, yet you still give your time, your energy and your wisdom to this work. That generosity is inspiring. Challenge isn't easy, but I know from my coaching work that growth so often comes from those moments. The key is having the right mindset, choosing to fight the right fight but also remembering to look afler ourselves along the way. More than anything. this year has reminded me how vital it is that we keep showing up for each other. That is what Consortium is all aboul. We are a membership organisation al heart, and that means our strength lies in the ways we support, uplift and connect with one another. I'm proud to serve as Chair, and I feel lucky to be part of a communily that continues lo find hope, courage and strength even in the toughest of times. Thank you for all you do to keep us moving forward together. Yatin Mistry- Chair of Trustees Chief Executive's Introduction Whilst this report focusses on a period before the Supreme Court ruled on the For Women Scotland case, il has created such upheaval for the LGB T+ sector {and beyond), that it would be remiss lo bypass it. Having worked in the LGBT+ voluntary seclor for nearly 25 years this presents a fundamental shift in rights for some of the mosl marginalised parts of the communities we serve. It will also serve as a stark reminder to everyone working towards a society based on human rights through an inclusive lens that rights hard fought for are never guaranteed forever. This is where the power of communilies coming together is such a powerful force in combatting exclusion and hatred, and one that we will look to lean heavily in on over the coming years. One of the things I love and value most of all across our communities is the diversity and intersectionality of the LGBT+ seclor. Our members work across infinite areas of the LGBT+ spectrum but what is noticeable in the last year is the togetherness and allyship that prevails. When one of us is attacked, we stand together, we support, we defend and come together to act in solidarity. We must never under-estimate how much work this takes to achieve. Our members exist to serve their own setvice users, and are heavily reliant on volunteer time to achieve this. Any additional work to build allyships, to strategise and lo plan together is lime consuming and adds additional slrain for communities working across issues they too likely have lived experience of. I want to thank everyone who leads, who volunteers, and who supports our member organisations. Your work is incredible and despite the changing nalure of all our work, seeing our membership continue to grow sleadily gives me strength that our collective resolve is stronger than ever. As we move into our new strategic period, we have listened carefully lo the needs of our membership and I hope we can conlinue to support and grow so our LGB T+ sector remains well resourced, resilient and sustainable. Paul Roberts, Chief Executive Officer

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Introduction Thi5 report reflects Consortium's financial year 1 st April 2024 - 31 st March 2025. and represents Ihe penultimate year of our current strategic period. As ever, with annual reports facing a lime delay in being produced alongside the annual accounts, lime moves quickly and Consortium's work continues. At the point of publishing this report lo align with our AGM we will be closing off this strategic period and seekin9 member ratification of our new strategy. Therefore, parallel to this report, we will produce an additional member briefing which reflects a review of the 2020-2025 strategy and reports back on our achievements. Our three strategic pillars continue to reflect practical needs of our sector during these challenging limes. We remain grateful for the incredible work our members do each and every day. They are the backbone of our sector, and il is exciting lo see the diversity and intersectionality of the sector continuing to grow, and new members join the Consortium family. As we move into a new slrale9i¢ period, whilst our strategic framework will change, the crux of whal we do will not. Consortium will remain focused on supporting those parts of our communities most in need and under-resourced so they can flourish and support LGBT+ year for generations to come. This year has seen several Consortium staff members leave for new adventures, and incredible new talent join us. We have also seen 1 trustee resign from post and 2 new trustees join in late 2024. We would like lo thank all those who have given their energy and expertise to Consortium's work and wish them well with Ihose new adventures, and warmly welcome those joining us at a Critical time for LGB T+ communities. Slats for the year.. 15 Members of staff 9 Trustees 702 member organisations Com liance with re uirements The financial slalemenls have been prepared in accordance with the accounting policies set out in note 1 to the financial slalemenls and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (effective 1 January 20191. Objectives and activities The principal objectives for which the charitable company was formed are, by charitable means, lo help develop and maximise the effectiveness of voluntary organisalions run by and for lesbians, gay men, bisexual, and transgender people, and lo promote good practice within Member organisations. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Grant Giving Activity In collaboration with our members, the Trustees amended the Articles for the Charitable Company in 2024 to explicitly include the power to award grants. This enables the Board to further contribute lo the aims and objectives of the organisation in supporting the most vulnerable, and under resourced parts of the LGBT+ voluntary and community sectors through our participatory grant giving. This work also enhances the support the organisalion is able to deliver through its infrastruclure capacity building work. During this reporting period the Board are delighted lo report grant giving activity increased year on year with over £500k of grants being awarded-and further awards to be rnade in the following period thanks lo new partnerships.

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and performance Resourced LGBT+ Or anisations This reporting period has seen a number of funders reviewing their own strategies and approaches, resulting in an ever increasing need for Consortium to articulate the importance of adequate resourcing for LGBT+ organisalions, whatever their size, geographical coverage, intersectional focus or specialism of their work. This has become particulady prevalent given Ihe increasingly hostile environment across part of our communities. To ensure we have the evidence to back up our arguments, Consortium commissioned research into the funding of Ihe LGBT+ sector, which we published in early 2025. The headline statistic of 1 Op in every £100 going to voluntary causes goes into LGBT+ issues has resonated well and we have used this to establish both new grants schemes and additional wraparound support. Having adequale staffing capacity lo support the resource needs of our seclor remains a delicate balancing act. We have seen our membership continue lo grow and whilst the number of Consortium staff has remained static, we have been able to increase the FTE equivalent by nearly 2 resulting in additional hours lo engage with our members and grantees. What Next? As we see funders tighten their criteria, and the environment become ever more hostile, this presents multiple challenges. Sustaining our own core staff team will be a priority for the remainder of this strategic period, and planning into the next. We hear from members and grantees every day on their own stretched capacity and how our informalion and support helps to ease some of Ihal pressure. Running alongside this we will use strategic staff capacity to build relationships with new funding partners, offering up our unique expertise in accessing LGBT+ organisations, particularly those working across intersectional issues, so financial resource available can increase. We enlered inlo the new financial year with a couple of exciting prospects on the radar, one of which is now live as we publish this report Ihrough our Youth Advocacy Fund thanks to the relationship with Henry Smith Foundation. 78°/o of new members are non fee payment (income below £10k) We ended the year with 703 member organisations 98 new members joined Consortium, a 150/0 increase year on year, and 30°/o over last 2 years 192 member job and volunteer opportunities promoted Secured 2 new onward grant programmes, lotalling over £500k Funding Development: Following the success of our Funders Fair during 2024, the team have continued to grow connections wilh a range of funders and have run virtual and in-person funding events, resulting in greater connections between sector orgs and key funders. Running alongside this, we have continued to distribute a regular funding newsletter, nol only an opportunity lo showcase our own opportunities, but highlight LGBT+ inclusive programmes. We have also used dedicated staff capacity within our Giving Team lo develop new partnerships with funders like Henry Smith for our Youth Advocacy Fund, and expand existing relationships with partners including Global Butterflies Fund and Giveout to enhance opportunities for Irans and non-binary organisations and organisations based in Ihe Devolved Nations. We have focused capacity in this area on two parallel areas.. amplifying and support member campaigns and activity., and establishing bespoke funding for our LGBT+ Fund. On mernber focused activity, we recognise the privileged position Consortium operates in, wilh access to the largest membership of LGBT+ organisations in the country and our routes in to engage and influence wilh stakeholders from funders lo Government departments. Through our social media platforms, with extensive reach and following, we have profiled member and grantee activity through targeted points like LG8T+ or Black History Months and Visibility Days.

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Proactive Messaging: As we grow our role as a specialist funder, an area which will become more embedded in our future strategic vision, we have rolled our bespoke branding so we can market and communicate the unique opportunities Consortium brings to drive resource lo LGBT+ organisalions. Having already dislribuled nearly £3m of grants over 5 years, we are excited to be workin9 on new programmes for funding and development work to diversify Ihe range of funding sources we can access, including individual donors and corporates. Resilient LGBT+ Or anisations Remaining agile as the membership body was critical to the framing of our current strategic plan, bul no one envisaged just how quickly some of Ihe regressive change for the most vulnerable parts of our communities would become. The framing of our narrative was one emerging out of the pandemic bul our ambition to drive connections and intersectionality across our membership has pul Consortium in a strong position. A critical mechanism for maintaining resilience is Consortium's central role bringing a diverse and intersectional range of LGBT+ organisalions together at the right time, giving space for discussion and action plannin9. Our specialist networks continue to grow and this year has seen some adapting to make them more effective 8nd peer supportive. Wellbeing of staff, volunteers and service users has become more prominent as the social and political environment has changed around us and members have told us the importance of being able to access these dedicated spaces. Leadership is another core focus for our resilience pillar and this year has seen the developmenl of an exciting opportunity lo bring together leaders from some of the most under-resourced and intersectional organisations to pilot a new programme that puls wellbeing and community-centred leadership at its heart to develop their own leadership journeys and be the future of a resilient LGB T+ sector What Next? We still have a long way lo go in how we use data and insight across the LGBT+ sector to impact systems change, with a revolving door of firefighling driving resilience activity in the short term. As we look lo embed a new strategic drive, we have already identified data and insight as critical functions for future success and in the Sasl year we have begun leaning into the rich data Consortium has access to, with publications like our LGB T+ Fund report. Networks: Members and grantees alike tell our team they want and need space lo convene, discuss, support and plan action. Our specialist networks have been particularly important in the last year, at a lime when division is being sown to drive us apart. We have listened lo the needs of our members and supported sessions, including around wellbeing, campaign planning, develop training, and considering the legal positioning of the seclor, lo maintain and protect sector resilience. We have used this year to adapt our approach lo some of our networks, recognising the growing need for a range of leaders to access key information at a time when things are changing al pace. We have opened our Leaders Network beyond simply the Chief Executive lor equivalent role in a member org) to other senior leadership team members, which has resulted in new connections being made and greater cross-sector discussions. Running parallel lo this we have also implemented a new Chief Executives Peer Network, maintaining some dedicated space for paid CEOS to discuss key issues pertinent to their roles including staff retention, wellbeing, developing policy and protecting their own resilience. Informed Insight: We have driven a dual focus on data and insight in the last year, responding to the barrage of change across our communities, particularly for trans and non binary organisations. Numerous consullalions and calls for evidence have emerged, with many frontline organisations having limited capacity lo engage. To ensure strong community voices, we have used team capacity lo gather community insight and provide a central response across a range of consultations including on issues around health, legal concerns and political change. Member response to this approach has been positive and allowed some orgs lo stay focused on their frontline work whilsl also having a voice in important consultations. This approach has also been particularly helpful in providing an over-arching and coordinated lens when engaging with the new Government in Weslminster.

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Running parallel to Ihis has been our work lo increase the evidence base on which we can work from lo argue for change. Whilst this remains one of the most capacity limited areas of Consortium's work, this year has seen the publication of key documents including our independenlly facilitated LGBT+ Fund report providing key data on funding sources across LGBT+ organisations. The team have also increased the number of member driven roundlables. bringing together cohorts of organisalions on particular issues including disability, global majority communities, and older people. Information and data gathered has directly informed our operational plans for the future. Sustainable LGBT+ Or anisations Long term suslainabilily of the LGBT+ sector has fell somewhat challenging lo think about over the course of this year, al a lime when our communities face capacity draining challenges in the here and now. However, Consortium has continued lo drive activity which looks at the longer term focus, without delracling from the immediate needs. This has included extensive work around the future of sustainable funding for LGBT+ organisalions, working wilh funders lo belter understand our communities needs and offering them tools to engage and support. We have seen our membership continue to grow al pace, with a 150/0 increase year on year. What Next? As we articulated last year, Consortium's ongoing development as a specialist funder is critical to both our own success but we believe the success of the sector. Our evaluation has shown we are accessing organisations other funders aren't, it has diversified and increased our membership, and il has given access lo a wider pool of data and evidence lo pul fonmard strong business cases for further LGBT+ support. We will drive action through a new LGBT+ Fund website and create a suite a marketing tools lo engage with new funding opportunities lo build an individual donor base and sel fundraising challenges. Our Fund work has shown how important a participalive approach is for driving resource to where it's most needed. We aim to be member-led through our work as the umbrella body, bul recognise there are new mechanisms to draw upon that learn from our funding model. As we move towards our new strategic period, we will start to explore this further and pul a framework in place for participative processes lo drive all our work. New Funding: This reporting period represented the busiest period Consortium has seen with its specialist funding work, having distributed funds under 5 programmes and over 100 grants awarded. We remain grateful lo our funding partners at The National Lollery Community Fund, and our strengthening partnership with Giveoul and the Global Butterflies Fund. We are well underway with our strategic LGBT+ Fund developmenl work and have a developing pipeline of funds for LGBT+ organisations thanks to partnerships with organisalions such as Henry Smith Foundation.

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Sector Development: In order lo create a sustainable future for our LGBT+ seclor it is important we understsnd the spheres of influence we individually and collectively had. We are working with our evaluation consultants Civil Sociely Consulting lo develop our Systems Change Evaluation Model, which looks into the ecosyslem of the LGBT+ sector, with the direct and indirect impacts that Consortium has on the systems we look lo effect change across. This emerging model will shape how we articulate future sector development and will publish this model during the second half of 2025. Partnerships: Consortium is engaged wilh a larger number of partnerships, both formal and informal, than ever before. We have been engaged with the Supportive Schools Campaign with a coordination support role, facilitated the London Queers Housing Collective, supported both LGBT+ HERO and the Electoral Commission with democratic engagement and voter registration, and partnered with media company QueerAF on Three Queer Cheers- weekly online positive news stories from Consortium members to help spread joy and optimism. Our strategic partnerships with ally organisations including Amnesty Inlernation, Liberty, and other equity and justice organisations has flourished, as a result of the need to respond to the Supreme Court judgment. Our Funders and Partners Without the support of our wonderful funders, donors and supporters, we wouldn't be able lo continue our vital work lo serve LGBT+ voluntary and community organisalions. We remain grateful for their investment in our work, and the partnership we can develop. These have included.. The National Lottery Community Fund Esmee Fairbairn Foundation Global Bullerfies Giveout City Bridge Foundation Henry Smith Foundation TRANSforming Futures London Funders VCSE Health and Wellbeing Alliance Financial Review Consortium's role as a grant giver continues to grow, creating Ihe potential for anomalies in the turnover of the organisation. This is evident in this financial year with a spike of turnover compared to the last financial year, and Ihal of the previous one too. We continue lo pursue opportunities which will not only create a more stable turnover for Consortium. but provide a conlinuous pipeline for funding opportunities for the LGB T+ sector. As per previous years, Consortium's core operating costs have remained relatively stable, with slight increases for a larger Giving Team, but core operating costs are circa £500k per annum, mainly represented by slaffing costs. The charity recorded an overall deficit of £41,923 for the year lin 2024 the deficit recorded was £44,399). A deficit of £34,380 was recorded lor unrestricted funds lin 2024 the deficit recorded was £49,404). This was represented by the Board's strategic decision to continue bringing Consortium's reserves to ils policy level as detailed ahead, following a large and unsustainable increase during the Covid years. The charity had reserves lo carry fonmard as al 31 March 2025 lotaling £265,477, of which £97,126 represented unreslricled funds. Acting as an onward grant giver, Consortium dislributed £563,796 (circa 48 /ol of ils turnover as grants to LGBT+ organisations.

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reserves Polic The Board of Trustees have formally agreed the reserves built up by the organisation can be used lo help the development of the organisation. Given our work lo reduce all possible costs for the organisalion through remaining officeless, the Board have ring-fenced the equivalent of four monlhs, core overheads lo facilitate an orderly winding up of the organisalion in the event of no significant incorlle generation. These funds are deposited in a separate bank account and amount to £93,153. The Board's risk strategy has created a system which enables Consortium's core work to remain lean and able to continue under a range of fulure circumstances. Strate ic Plannin Consortium is al the end of its current strategic planning period and has reported annually lo the membership on progress. This current period has been one navigating the end of a global pandemic, political divisions widening, a cost of living crisis, and ever shrinking funding resources. Despite this, Consortium has driven a strong programme of activity across our central pillars of ihe strategy.. Resourced, Resilient and Sustainable LGBT+ organisalions. 2025 has seen work lo build the next iteration of our slrategic vision, which will be submitted to our membership for ratification al the January 2026 AGM. Emerging themes including community advocacy, 51ralegic policy and comms coordination and growing giving will drive the framing of this strategic vision. Structure, governance and management Governin Document The Consortium of Lesbian, Gay, Bisexual and Transgender Voluntary & Community Organisations is a company limited by guarantee and a registered charity wilh the Charity Commission. It was incorporaled on 25th March 1998 and registered as a charity on 17th August 2004. The charity changed ils name from the Consortium of Lesbian, Gay and Bisexual Voluntary and Community Organisations lo the Consortium of Lesbian, Gay, Bisexual and Transgender Voluntary and Community Organisations on 29th April 2006. The organisation was established under a Memorandum of Association, which sels out ils objects and powers and is governed under its Articles of Association. The Memorandum and Articles ofAssocialion were updated on 3rd November 2012 to include a clause that 50°/0 of Directors must be LGB or Trans, wilh a further update in November 2017 allowing for a discretionary third lerm for Trustees. An additional update was made during the global pandemic in 2020 in order to hold governance meetings digitally. The latest update was made in January 2024 to align the governing document with up-lo-date legislation and add the explicit power lo make grants. The working name of the organisalion is Consortium. The Iruslees, who are also the directors for the purpose of company law, and who served during the year and up lo Ihe date of signature of the financial statements were.. Y Mislry (Chair of Truslees} R J Chace {Treasurerl A, Ceccarelli E J Macaulay C Pethick l L Candan H Pittman P, Cherednychenko E,S McDermoti L,D Stafford (Appointed 16 September 20241 (Appointed 16 September 20241 (Resigned 13 October 2025) (Resigned 11 April 2024) {Resigned 28 April 20251

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ointment of Trustee Directors A Board of Trustee Directors manage the company, all of whom are unpaid. The Board musl have a minimum of three and a maximum of nine Members at any lime, with 50 ID of the Board coming from Member organisalions. The existing Board has the power to appoint new Members lo fill casual vacancies as and when required. Board Members are elected for a term of three years with the option of standing for a second term of three years. Under exceptional circumstance a Board Member can be appointed for a third lerm, al the discretion of Members al an AGM. New appointees will be ratified at the following AGM by the Members. The Board undertakes open recruitment of new appointments. based on required skills and governance requirements. Trustee induction and trainin All polenlial new Board Members are required to complete an application form and skills audit outlining their experience and skills as part of an open process, involving an interview with a recruilmenl working group formed of current Trustees and from the Senior Leadership Team. Following successful appointments, all new Board Members receive informalion whi¢h outline the hislory, structure, roles, finance etc. of Consortium and outlines the roles and responsibilities of the Trustees Ihemselves. All new Board Members are then provided with an opportunity to liaise with current slaff lo get to know operational areas in which they may be able to provide specialist advice, support, and guidance. Consortium sets aside a small budget lo provide external training and support to the Board as a whole. Spending is decided by the Board itself according lo any identified training needs. anisation The function and role of the Consortium Board of Directors is to oversee the strategic development and governance of the organisation on behalf of Ihe Membership, and the broader LGBT+ communities. There are Currently two Executive functions within the Board structure Chair and Treasurer. The Chief Executive performs the Company Secretary role. The Chair has delegated and agreed authority in certain areas for taking any urgent decisions or actions on behalf of the full Board as required. Operational day lo day management of the organisalion is delegated by the Board to the Chief Executive, in line with our Internal Delegated Authority documenl, which has recently been updated. Delivery of organisational activities {in line with the aims and objectives of Consortium} is undertaken by the staff employed for such purposes. Consortium's Board also have the power to enact Advisory Commillees lo support Ihe organisation's strategic work. Under our developing philanthropy and giving work this includes setting up Grants Panels, which have direct Board engagement alongside specialist expertise to ensure fair, accountable, and equitable decision. The Board of Trustee Directors have assessed both major and minor risks to which the charity is exposed and is salisfied that policies and systems are in place to miligate any exposure to major risks through a comprehensive Risk Register. Policies that impact upon risk management remain under review periodically by the Board to ensure that the organisation has the appropriate operational framework in which lo function. The Board, in conjunction with the Chief Executive, regularly review the organisalion's Risk to remain up to dale and aware of any forthcoming risks. The LGBT+ sector continues to be under attack by bad actors and continues to face additional politically driven challenge that is increasingly hostile to LGBT+ inclusion. The infrastructure sector also remains a particularly vulnerable part of civil society, resulting in a political, legal, media and social environment that will continue lo be tricky to navigate in the coming years. The Board remains acutely aware of these risks, and regularly discusses the slate of the sector al its meetings. The organisation appropriate trigger points financially and slruclurally lo ensure the organisalion can lake appropriate action in advance of any potential worsening situation. The organisation continues to explore more diverse income streams, including expansion of grant giving work, to help create a more stable, resilient and sustainable framework. Project funding is scrulinised regularly by the Board at its scheduled meetings via thorough reporting by the Chief Executive. The Board remain committed lo be a beacon of best practice for the LGBT+ voluntary and community sector. The Board also regularly look at potential legal needs of the organisalion and take high level legal advice on critical issues.

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Auditor In accordance with the company's articles. a resolution proposing that Price Bailey LLP be reappointed as auditor of the Company will be put at a General Meeting. Public Benefit The Trustees of the charity are satisfied that the operations and governance pass the public benefil requirement of the Charity Commission and the Trustees have had due regard lo Charity Commission guidance in how the charity is run. The charity exists to bring together a range of LGBT+ organisations to promote good practice, equality and diversity, and work lo eliminate discrimination on the grounds of sexual orientation or gender identity. This annual report extensively highlights the ways in which we have supported our diverse and interseclional membership, to support the public in engaging with LGBT+ issues. The charity continues to demonstrate its benefil through an ever increasing membership, having seen Ihis increase year on year for the last 5 years. The work the charity has produced, the relationships it has developed with external stakeholders, and the comms it has delivered have all conlribLJted lo our benefits to the public as a critical charity for the LGBT+ voluntary and community sector and in advancing equality and diversity. Looking Ahead The Board of Trustees are encouraged at the future prospects for the charity in the coming financial year, and beyond. The operational team continue to progress important conversations to expand our role as a specialist funder and are pleased to see plans for a new £500k fund being prepared for 25126. The Trustees remain aware of the challenging environment for all charities but are confident that whilst funding may lighten in the coming years, our dual position as the umbrella body and a specialist funder puls the charity in the strongest position and provides unique opportunities for our own stabilily and sustainability. Disclosure of information to auditor Each of the Iruslees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps lo identify such relevant information and lo establish thal the auditor is aware of such infomiation. The trustees, report was approved by the Board of Truslees. Yalin N4151ry lJ)n 30 2026. 10 30aTnl Y Mistry Ichair of Trustees} Trustee Date.. .3Q.Jan.2D2fi.......................

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the directors of The Consortium of Lesbian, Gay, Bisexual and Transgender Voluntary & Community Organisations 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 slate 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= select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP- make judgements and estimates Ihat are reasonable and prudent., and prepare the financial statements on the going concern basis unless it is inappropriate to presume thal the charity will continue in operation. The Iruslees are responsible for keeping adequale accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial slalemenls 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 prevenlion and detection of fraud and other irregularities. io

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS Opinion We have audited the financial statements of The Consortium of Lesbian, Gay, Bisexual and Transgender Voluntary & Community Organisations Ilhe 'charity'l for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes lo the firiancial slatemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparalion is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial ReportNng Standard applicable in the UK and Republic of Iland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial slalements.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including ils income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requiremenls ofthe Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS (UKI) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit of Ihe financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe Ihal the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial slalements. we have concluded Ihal the trustees. use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo evenls or conditions that. individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. other information The other information comprises Ihe information included in the annual report other than the financial stalernents and our auditor's report thereon. The Iruslees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly staled in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other infomiation and, in doing so, consider whether the other information is materially inconsislenl with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears lo be materially misstated. If we identify such malerial inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misslalemenl in the financial slalemenls themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 11

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit.. the information given in Ihe trustees, report for the financial year for which the financial statements are prepared, which includes the directors, report prepared for the purposes of company law, is consistent with Ihe financial statements., and the directors. report included within the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misslalemenls in the directors, report included wilhin Ihe trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us lo report to you if. in our opinion.. adequate accounting records have not been kepl, or returns adequate for our audit have not been received from branches not visited by us., or the financial slalements are not in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not made,. or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to prepare the financial slalemenls in accordance with the small companies regime and lake advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the slalemenl of trustees, responsibilities, Ihe trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial slalements and for being satisfied that they give a Irue and fair view, and for such internal control as the trustees determine is necessary lo enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial slalements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Iruslees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but lo do so. Auditor's responsibilities for the audit of the financial statements Our objectives are lo oblain reasonable assurance about whether the financial slatemenls as a whole are free from malerial misstatement, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance bul is not a guaranlee that an aLJdit conducted in accordance with ISAS IUKI will always detecl a material misslalement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial slalements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, oullined above, lo detect material misstatements in respecl of irregularities. including fraud. The extent lo which our procedures are capable of detecting irregularities. including fraud, is detailed below. 12

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Incoming resources from charitable activities Investments 25,213 13,789 1,140,273 1,165,486 13,789 89,922 6,429 464,182 554,104 6,429 Total income 39,002 1,140,273 1,179,275 96,351 464,182 560,533 enditure on: Charitable activities 70,484 1,147,816 1,218,300 145,755 459,177 604,932 Other 2,898 2,898 Totsl expenditure 73,382 1,147,816 1,221,198 145,755 459,177 604,932 Net expenditure for the yearl Net movement in funds (34,3801 {7,5431 {41,923) {49.404) 5,005 {44,399) Fund balances at 1 April 2024 131,506 175,894 307,400 180,910 170,889 351,799 Fund balances at 31 March 2025 97,126 168,351 265,477 131,506 175,894 307,400 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The slalemenl of financial activities also complies with the requirements tor an income and expenditure account under the Companies Act 2006. 14-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 10 3,912 6,560 Current assets Debtors Cash al bank and in hand 11 5,194 278,853 18,817 288,177 284.047 306,994 Creditors: amounts falling due within one year 12 122,482) (6,154) Nel currenl assets 261,565 300,840 Total assets less current liabilities 265,477 307,400 Income funds Restricted funds Unrestricted funds 13 168,351 97,126 175,894 131,506 265,477 307,400 The financial slalements were approved by the Trustees on 30 Jan 2026 Y8lin Misliy (Jan 30. 2026, ID'.30aml Y Mislry (Chair of Trustees} Chair of Trustees Company registration number 03534603 15-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operating activitses Cash absorbed by operations 21 (21,7061 {93,603} Investing activities Purchase of tangible fixed assels Investment income received {1,4071 13,789 (1,4181 6,429 Net cash generated from investing activities 12,382 5.011 Net cash used in financing activities Net decrease in cash and cash equivalents {9,324) 188,592) Cash and cash equivalents at beginning of year 288,177 376,769 Cash and cash equivalents at end of year 278,853 288,177 16

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information The Consortium of Lesbian, Gay, Bisexual and Transgender Voluntary & Community Organisations is a private company limited by guarantee incorporated in England and Wales. The registered office is Zone 5, Wrentham Business Park, Exeler, Devon, EX4 6NA, United Kingdom. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102,1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" {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 accounling policies adopted are set out below. 1.2 Going concern At the lime of approving the financial statements, the trustees have a reasonable expectation thal the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue lo 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 as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial slalements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charily is legally entitled lo it after any performance conditions have been mel, the amounts can be measured reliably, and it is probable that income will be received. 1.5 Expenditure Expenditure is recognised once there is a legal or conslruclive obligation to transfer economic benefit to a third party, il is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Charitable activities consist of expenses incurred to further the company's aims and objectives of developing and maximising the effectiveness of LGBT+ organisalions. Charitable expenditure includes the costs of training, sponsorship, grants and support to such organisations. The costs of liaising with member organisalions, the preparation of directories and conferences are included as well as a suitable proportion of support costs, which, in the directors, opinion, relate lo such activities. Salaries and consullanl's fees, equipment depreciation and office overheads (support costs) & conslfjmables are apportioned between charitable activities, costs of generaling charitable income and governance costs according to a best estimale of the time taken on each activity. 17

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 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. 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 bases.. Computers & general office equipment 25 /0 reducing balance The gain or loss arising on the disposal of an assel is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial aclivities. 1.7 Impairment of fixed assets Al each reporting end date, the charity reviews the carrying amounts of ils langible assets to determine whether there is any indication thal those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of Ihe asset is estimated in order to determine the extent of the impairment loss lif any). 1.8 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. 1.9 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instrumenls Issues, of FRS 102 to all of ils financial instruments. Financial instruments are recognised in the charity's balance sheel when the charity becomes party to the conlractual provisions of the inslrumenl. Financial assels and liabilities are offset, with the net amounts presenled in the financial statements, when there is a legally enforceable right lo sel off the recognised amounts and there is an intention to settle on a net basis or lo realise Ihe asset and sellle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried al amortised cost using the effective interest method unless the arrangemenl constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rale of interest. Financial assets classified as receivable within one year are not amortised. 18

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised al Iransaclion price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounled at a markel rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequenlly carried al amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or seNices Ihat 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 liabilities. Trade creditors are recognised initially at transaclion price and subsequently measured at amortised cost using the èffective interest method. Derecognition of financial liabllitles Financial liabilities are derecognised when the charity'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. Terminalion benefits are recognised immediately as an expense when the charity is demonstrably committed lo lerminale the employment of an employee or to provide termination benefits. 1.11 Retirement benefits Payments to defined contribution retirèment benefit schemes are charged as an expense as they fall due. 1.12 VAT Where appropriate expenditure includes irrecoverable value added tax. 1.13 Debtors Trade and other deblors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued al the amount prepaid after laking 8ccount of any trade discounls due. 1.14 Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past evenl that will probably result in the transfer of funds to a third party and the amount due lo settle the obligation can be measured or eslimaled reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgemenls, estimales 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 lo accounling estimates are recognised in the period in which Ihe estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affecls bolh current and future periods. 19

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incoming resources from charitable activities 2025 2024 Grants and grant making activity - restricted Grants and grant making activily - unrestricted Membership fees - unreslricled Training and consultancy - unreslricted 1,140,273 464,182 64,961 5,050 19.911 3,192 22,021 1,165,486 554,104 Analysis by fund Unrestricted funds Restricted funds 25,213 1,140,273 89,922 464,182 1,165,486 554,104 Investments Unrestricted Unrestricted funds funds 2025 2024 Interest receivable 13,789 6,429 20-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable activities Activity costs Governance costs 2025 Support costs Total 2025 Total 2024 2025 2025 Other activities 41,967 18,617 14,050 74,634 145,755 Membershi and makin activit rant LGBT Foundalion (National LGB&T Partnership) National Lottery Community Fund (Equity Fund) Stonewall ITRANSforming Futures) City Bridge Foundation {Connecting the Capital) Comic Relief (Equity Fund) BiPride UK ILGBT + Futures= Bi Fund) Giveout (Onward Granting) LGBT + Futures.. Faith Fund LGBT HERO (Voter IDI National Lottery Community Fund (LGBT + Fund} City Bridge Foundation (Anchor Programme) Esmee Fairbairn Foundation Leeds Community Foundation - Shen HC Leeds Communily Foundation - Bite Back The Funding Network City Bridge Foundation (Always Out There) LGBT Foundation (Rainbow Badges) Barrow Cadbury Trust 57,495 57,495 49,504 496,137 67,156 563,293 133,141 18,966 18,966 33,036 76,603 10,000 76,603 10,000 70,687 15,000 24,157 59,390 24,157 59,390 1,458 20,025 2.500 20.025 2,500 7,500 143,853 143,853 10,208 137,124 137,124 22,811 33,410 33,410 500 500 500 500 4,515 87,563 22,754 1,000 1,122,627 18,617 81,206 1,222,450 604,932 Analysis by fund Unrestricted funds Restricted funds 37,817 1,080,660 18,617 14,050 70.484 67,156 1,147,816 145,755 459,177 1,118,477 18,617 81,206 1,218,300 604,932 21

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable activities (Continued) Included in the above restricled expenditure, is £563,796 for grant payments {2024 - £42,713}. Support costs Support Governance costs costs 2025 Support Governance costs costs 2024 Staff cosls Postage and stationery Telephone Administration of grant- making IT software Bookkeeping 3.801 368 3,801 7,602 368 3,737 689 383 3,737 7,474 689 383 67,156 4,421 5,460 67,156 4,421 5,460 26,635 26.635 Audit fees Accountancy Trustees expenses 12,000 2,500 316 12,000 2,500 316 81,206 18,617 99,823 31,444 3,737 35,181 Analysed between Charitable activities 81,206 18,617 99,823 31,444 3,737 35,181 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number 16 17 Employment Costs 2025 2024 Wages and salaries Social security costs Other pension costs 456,612 38,661 21,764 398,138 30,382 18,880 517,037 447,400 22-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees (Continued) The number of employees whose annual remuneration was more than £60,000 is as follows.. 2025 Number 2024 Number £70,00110 £80,000 Other Unrestricted funds Total 2025 2024 Nel loss on disposal of tangible fixed assets 2,898 Taxation The charity is exempt from lax on income and gains falling within paragraph 1 schedule 6 of the Finance Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 to Ihe extent that these are applied lo ils charilable objects. 10 Tangible fixed assets Computars & general office equipment Cost Al 1 April 2024 Additions Disposals 19,921 1,407 112,204) Al 31 March 2025 9,124 Depreciation and impairment At 1 April 2024 Depreciation charged in the year Eliminaled in respect of disposals 13,361 1,157 19,3061 At 31 March 2025 5,212 Carrying amount At 31 March 2025 3,912 At 31 March 2024 6,560 23-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Debtors 2025 2024 Amounts falling due within one year: Trade debtors 5,194 18,817 12 Creditors: amounts falling due within one year 2025 2024 Trade creditors Accruals and other creditors 4,788 17,694 3,654 2,500 22,482 6,154 24-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 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 Balaneé at rèsources expended 31 March 2025 Balancè at 1 April 2024 LGBT Foundation (National LGB&T Partnership) National Lottery Community Fund (Equity Fund) Stonewall {TRANSforming Futures) City Bridge Foundation Iconnecling the Capital) LGBT HERO (Voter IDI National Lottery Community Fund {LGBT+ Fund) City Bridge Foundation {Anchor Programmel Comic Relief (Equity Fund) BiPride UK {LGBT+ Futures.. Bi Fund) Giveout {Onward Granlingl LGBT+ Futures= Faith Fund Esmee Fairbairn Foundation Leeds Community Foundation Leeds Community Foundation 57,495 569,228 1,850 56,783 2,500 163,977 135,550 157,495) {563,293) 118,966) 176,6031 12,500) 1143,8531 1137,1241 {10,0001 {24,157} {59,390} {20,025} (33,410) 1500} 1500) 5,935 17,116 33,654 13,834 61,893 49,689 10,000 3,542 82,017 48,115 21,500 59,390 25,000 46,000 500 500 885 4,975 12,590 175,894 1,140,273 {1,147,816) 168,351 Restricted funds represent specific granls and donations. The LGBT Foundation (National LGB&T Partnership) relates to support for the Partnership's workplan as part of the Health and Wellbeing Alliance. National Lottery Community Fund (Equity Fund) supports the redislribution of TNLCF funds to equity-led organisations and additional development programme of work. Stonewall ITRANSforming Futures) relates to funds to facilitate onwards grants lo TRANSfomiing futures applicants. City Bridge Foundation {Connecling the Capital} funds greater support for LGBT+ organisalions in London. LGBT HERO (Voter IDI relates to funds to support increase of LGBT+ voler registration across London, in partnership with LGBT+ HERO. National Lottery Community Fund {LGBT+ Fund) represents funds to slrenglhen grant giving activity and support the development of the LGBT+ Fund structures and income streams. City Bridge Foundation (Anchor Programme) funds to support structural change for LGBT+ communities across London. Comic Relief {Equity Fund) relates to funds to provide grants lo LGBT+ organisations in Ihe Devolved Nations. BiPride UK ILGBT+ Futures= Bi Fund) represents funds to provide grants to Bi Organisations in the UK. -25-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Restricted funds (Continued) Giveout {Onward Granting) relates to funds lo support targeted LGBT+ work through onward grants. LGBT+ Futures.. Faith Fund is from a private donor to distribute onward grants to failh-led LGBT+ organisalions. Esmee Fairbairn Foundation relates to fur)ds to support our Trans Engagement work. Leeds Community Foundation Shen HC represents funds lo support a microgrant to Shen Healing Collective as part of a collaboration to support local LGBT+ engagement work In Leeds. Leeds Community Foundation Bite Back relates to funds to support a microgranl to Bite Back Youth as part of a collaboration to support local LGBT+ engagement work in Leeds. Grant-making activities The charity makes grants lo organisations that support LGB T+ communities in line with the terms of reslricted funding received. Grants are awarded following an application and assessment process, and in accordance with funder requiremenls. Further details of grant-making activities can be found in note X. 14 Analysis of net assets between funds Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Fund balances at 31 March 2025 are represented by.. Tangible assets Current assetsl{liabilities) 3,912 93,214 3,912 261,565 6,560 124,946 6,560 300,840 168,351 175,894 97,126 168,351 265,477 131,506 175,894 307,400 15 Events after the reporting date After the year end, the charity received confirmalion of a significant grant amounting to £600,000 from The Henry Smith Charity. The grant was formally awarded on 14 April 2025, with funds received on 29 May 2025. As the grant relates to future activities and does not provide evidence of conditions existing al the balance sheel dale, il is treated as a non-adjusling subsequent event in accordance with the Charities SORP {FRS 1021. Consequently, no adjustments have been made to the financial statements for the year ended 31 March 2025. -26-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Related party transactions The key management personnel of Ihe charity comprise the trustees and Chief Executive. Remuneration of key management personnel The remuneration of key management personnel is as follows. 2025 2024 Aggregate compensation 77,028 75,787 The above remuneration solely relates to one individual. In addition to the above, the Trustees had expenses re-imbursed or paid directly in the year for £386 in travel costs12024- £2721. There were no other trustees, remuneration or benefits for the year ended 31 March 2025 {2024- none). 27-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Grant-making activities The Charily provides grant funding to a range of institutions in support of its charilable objectives. The table below summarises the grants awarded and amounts paid during the years ended 31 March 2025 and 31 March 2024. Further informalion on restricted grants, including the nature and purpose of each restricted fund, is provided in Note 13= Restricted Funds. Fund type 2025 £ Equity Fund Safe Aging No Discrimination OulProud African Queer Chinese Colleclive CIC Navigale Brighton Sapphic Bison Grant Out in the City London Cruisers Basketball Club Devil's Dyke Network The Black Boy Joy Club Black Beetle Health Living Free CIC Lesbian Talk Issues Revisited Transparent Change T&Biscuits LASS ILesbian Asylum Seekers Sheffield) Leeds LGBT+ Community Consortium Oasis Norfolk Out North East African Queer Creative Transmuted OutPatients Magicusl Raze Collective TRENBI FC Touch Grass CIC The Qulture Queer Lemoons African Rainbow Family Transilience G{endler Swap Miss Trans Global GeneraTe Trans Active Canterbury Trans Network British Asian LGBTI Traveller Pride Testo Hunkie London Deaf Rainbow Club Sister Shack The Kite Trust Safe Haven - Cornwall The Common Press CIC Time4T Transpiration Wellbeing Mose Social Rising CIC Noltin9ham Pastel Project 9,482 22,866 3,600 5,450 6,704 9,735 9,930 9,997 10,390 11,000 19,400 6,554 22,640 900 7,040 21,168 2,820 8,000 12,000 13,511 21,834 9,995 9,160 7.505 9,999 1,500 9,910 9,000 8,685 9,400 9,000 8,000 4,150 1,850 950 9,000 4,000 999 10,000 9,389 9,690 5,000 10,000 9,985 9,000 2,528 28-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Grant-making activities (continued) Q.alliance North Midlands LGBT Older Peoples Group BLAQ UK Radical Rhizomes Not a phase. Oestrogeneration SE London Pride London Lesbian Kickabout Proudminds Melanin Vybz Mxer XYZ Projects Grow Your Life Queer House Party Lez Gel Creative Trans Legal Clinic Total 9,000 4,740 7,100 7,000 6,500 1,800 900 2,132 4,500 6,927 800 9,000 7,000 7,000 950 5,000 494,065 Bi Fund BiPhoria Bi Camp UK Scottish Bi+ Network Bi the Way Angels of Freedom BiPhoria BiscLJiI Bi Camp UK Total 250 250 250 400 400 200 206 200 2.156 Devolved Nations Fund Pride Outside CIC Four Pillars Trans Pride Cardiff TIN Wardrobe Teasel Coop Trans Aid Cymru Trans Pride Scotland Transgiving Belfast Trans Resource Cenlre Trans Masculine Scotland Transdonians North Wales Trans, Intersex and Non Binary Neiwork Total 2,800 3,000 2,000 2,300 2,800 2,955 2,500 2,195 2,550 900 3,000 3,000 30.000 Trans Campaigning Fund Translucent TransActual Merrnaids Trans Solidarity Alliance Total 3,000 3,000 7,000 7,000 20,000 -29-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Grant-making activities (continued) Faith Fund Muslim Social Justice Initiative One Body One Faith Affirm Quest Sarbat Sikh LGBT+Catholics Westminster Pastoral Council Keshet UK House of Rainbow IMAAN St Paul's Methodist Church Brighton Buddhist Centre The Studenl Christian Movement Open Table Network Womens Liberation Mosque Inclusive Communily Church Grant The Gathering Open House Hidayah Clifton LGBT + Ministry Two23 Total 700 750 750 800 800 1,000 1,050 1,050 1,050 500 500 500 700 500 500 625 875 1,075 500 800 15,025 LGBT+Fund Trans Legal Clinic Total 2,550 2,550 2025 Total Grants to Institutions 563,796 Fund type 2024 £ LGBT+ Futures Grants TransActual Trans Writes Transsober Total 11,000 8,625 2,000 21,625 LGBT+ Futures: Bi Fund London Bisexuals Meetup Group Biscuit Emmerson Ward Greycaslle Productions Evan Reynolds Performing Arts London Bisexual Games Total 208 250 250 250 250 250 1,458 -30-

THE CONSORTIUM OF LESBIAN, GAY, BISEXUALAND TRANSGENDER VOLUNTARY & COMMUNITY ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Grant-making activities (continued) LGBT+ Futures: Faith Fund Hidayah Imaan House of Rainbow MCC North London Open Table NebNork Keshet Catholic for AIDS Prevention and Support Queer Yeshiva OneBodyOneFaith Jamyang Inclusive Gathering Birmingham Aber LGBTQ+ Christians BAXSAN Oasis Open House LGBTQIA+ Hub Waterloo Masorti LGBT+ Network Sarbal LGBT+ Sikhs Inclusive Mosque Initiative Inclusive Communily Church The Village Metropolitan Community Church Total 1,000 1,750 1,750 1,750 1,000 1,000 1,000 1,000 1,000 500 500 500 500 500 1,000 1,880 1,000 1,000 1,000 19,630 2024 Total Grants to Institutions 42,713 21 Cash generated from operations 2025 2024 Deficit for the year {41,923) {44,399) Adjustments for= Investment income recognised in statemenl of financial activities Loss on disposal of tangible fixed assets Depreciation and impairmenl of tangible fixed assets 113,7891 2,898 1,157 (6,4291 2,068 Movements in working capital.. Decrease in debtors Increaselldecrease} in creditors 13,623 16,328 18,440 {63,283) Cash absorbed by operations 121,7061 193,6031 22 Analysis of changes in net funds The charity had no debt during the year. 31