Charity Registration No. 1115525 Company Registration No. 5545105 (England and Wales) BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. LEGAL AND ADMINISTRATIVE INFORMATION Trustees Andrea Allez Leon Fleming Bryony Freeman Darren Holliday Philip Kitson Kay Thomas Charlty number 1115525 Company number 5545105 Registered office Equity Centre Perkin House 1 Longlands Street Bradford West Yorkshire BD12TP Independent examlner Kevin J Meddings M.A.A.T. Kevin Meddings Accountancy Services 55 Crowiher Avenue Calverley Leeds Wesl Yorkshire LS28 5SA Bankers The Co-operative Bank plc POBox101 1 Balloon Street Manchester M60 4EP
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. CONTENTS Page Trustees report Independent accountants, report Statement of financial activities Balance sheet Statement of cashflows Notes to the accounts 9-15
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their report and accounts for the year ended 31 March 2024. The accounts have been prepared in accordance with accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Associalion dated 4 August 2005, amended on 13 February 2012, the Companies Act 2006 and the Charities Act 2011. Structure, Governance and Management The charity is a company limited by guarantee. Trustees are elected lo serve at the AGM and meet a minimum of len times a year. Meetings are minuled and previous minutes are agreed and signed at each meeting. The trustees, who are also the directors for the purpose of company law and served during the year Andrea Allez Leon Fleming Darren Holliday Philip Kilson Kay Thomas Bryony Freeman (appointed 10 April 2023) The trustees are volunteers from the LGBTQ+ communities of Bradford and surrounding areas. Their role is lo ensure that the charity complies with charity law. the requirements of the Charity Commission as regulator,. and to ensure that the charily prepares reports, Annual Returns and accounts as required by law. The trustees ensure that the charity does not breach any of the requirements or rules set out in its governing document and remains true lo the charitable purpose and objects sel oul there. They comply with the requirements of other legislation and regulators which govern the activities of the charity and act with integrily. and avoid any personal conflicts of interest or misuse of charity funds or assets. Role of the Chalr Leading the committee and the organisalion to enable it lo fulfil its purpose. To ensure an effective relationship between.. the committee and the stafflvolunteers the committee and the external stakeholderslcommunily Acting as a spokesperson and figurehead as appropriate. To supervise and support the head of staff. Role of the Treasurer Maintain an overview of the organisation's financial affsirs. Ensure its financial viability. Ensure that proper financial records and procedures 8re mainlained. Trustees Inductlon and Tralning All trustees are invited lo an induction briefing and offered ongoing training opportunities. Objectives and Activllies Bradford LGBTQ+ Strategic Partnership Ltd. is governed in accordance with its constitution which can be found on our website WW¥V.e uit artnershi .or
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The charity's objects are to promote equality and diversity and lo eliminate homophobia and discrimination in relation to Lesbian, Gay and Bisexual and Transgendered {LGBTQ+) people for the benefit of the public in the district of Bradford and the surrounding area by'.- (a) providing information, advice and support for LGBTQ+ people., (b) promoting education and training and raising awareness amongst LGBTQ+ people,. {c) promoting education and training and raising awareness amongst health. social care and other professionals in all aspects of LGBTQ+ issues and related equality and diversity issues in the elimination of homophobia and discrimination., {d) cultivating an environment in favour of equality in particular by the provision of information, advice, support and publications. In setting our objectives and planning our activities our trustees have given serious consideration throughout to the Charity Commission's general guidance on public benefit and in particular the advancement of education. health, well-being, equality and diversity. Strateglc Plannlng The strategic priorities of the partnership are.. Advocacy and Actlon.. promoting the interests of LGBTQ+ communities through representation and support within statutory, private and third sector agencies. Health and Happlness: the facilitation of groups and activities to promote wellbeing of LGBTQ+ communities. This has involved close partnership working with agencies delivering services lo vulnerable groups. Research and Collaboratlon: the organisation will work in partnership with Bradford University and other interested partnerships to conduct academic research into issues affecting the LGBTQ+ community. Fundlng Austerity has continued to provide challenges to smaller charities, and Equity Partnership has been no exception. Equity Partnership is funded through the local authority, charitable trusts and foundations and through selling our own services. such as training. Funding raised through trusts and foundations and the local authority is restrlcled funding, which can be spent only in line with the requirements of the funder. Income raised by the organisation 15 unrestricted fundlng and can be spent in any way to support our charitable objectives. It is important that the organisalion holds sufficient unrestricted funding to cover unforeseen eventualities and to build and maintain our infrastructure. Competition for funding remains high, with grant-givers still looking towards short-term funding, with less willingness to fund the core running cost of charities. Equity Partnership is grateful for Ihe funding that we have received from The National Lottery, Bradford Metropolitan Dislricl Council, trusts and foundations lo further our work. Our partnership with CBMDC Youth Service continues lo ensure that during a lime of austerity and culs, young LGBTQ+ people in Bradford have access to the youth services that they so badly need. Four youth groups run from Equity Partnership in partnership wilh Bradford East Youth Service. The Sound youth group is for LGBTQ+ aged 16 plus. Spectrum an LGBTQ+ group for under 16's. Phoenix for young people who are questioning their gender identity and Shade, a youth group for LGBTQ+ young people of colour.
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Equity Partnership has taken part in a number of annual events in the LGBTQ+ calendar, including LGBT monlh, Trans Day of Remembrance and Bradford Pride. Equity Partnership would like to thank its slaff team and volunteers for their commitment and dedication. It is remarkable that the organisalion has been able lo come out of the Pandemic and continued lo deliver activities and services and slay in touch with our members during such an isolating period of lime. Conclusion Equity Partnership is a small charily trying to weather the current hard times. At a time when many charities have bitten the dust, we have survived through the dedication of our Iruslees and staff team and the help of many of our service users. Priorily must be given to our vision and growth for the year 202412025. Financial Rèview The organisation made a surplus of £8,585 (2023.. surplus of £1,824). Overall, the reserves of Ihe organisalion amounted to £126,902 on 31 March 2024 of which £43,297 represents restricted funds committed to be spent in the 2024125 financial year. Unrestricted reserves were £83,605 which is just over 5 months of annual running costs. Plans for the future Equity Partnership is now in year 3 of 5 years funding from the National Lottery. This will enable the charity lo re-build and increase the support we provide to the community. This funding will help to re- establish us as a strong LGBTQ+ champion in the Bradford district. As part of the funding, we have a trainer, and this enables us to reach out our services to local businesses and public organisations. This will also enable Equity Partnership to build a new income stream Ihal will help us lo self-fund some of our activities and re-build our unreslricled funding. This will both reduce our reliance on grants and lollery funding and help us lo be more resilient in the future. We wish to thank our Finance Officer, Anna-marie Birkby for her support in Ihe management of the accounts and Kevin Meddings for the preparation of the accounts and his on-going support..
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Statement of Trustees Responsibllities The trustees of Bradford LGB TQ+ Strategic Partnership Ltd are responsible for preparing the Trustees Annual report and accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare accounts for each financial year. Under company law the directors musl not approve the accounts unless they are satisfied thal they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and applicalion of resources, including the income and expenditure, of the charitable company for that period. In preparing Ihese accounts the Iruslees are required to:. select suitable accounting policies and apply them consistently,. observe the methods and principles in the Charities SORP,. make judgements that are reasonable and prudent,. state whether UK accounling standards have been followed, subject to any departures disclosed and explained in the accounts,. and prepare the accounts on a going concern basis unless it is inappropriate to presume Ihat the charity will continue in business. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and disseminalor of accounts may differ from legislation in other jurisdictions. The trustees are responsible for maintaining proper accounting records which disclose at anytime the financial position of the charitable company and to enable them lo ensure that the accounts comply with the Companies Act 2006, and the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the board of trustees Trustee Trustee Dated.. I A.T. ALLtr2 tllfw Ho
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. I report on the accounts of the Charity for the year ended 31 March 2024 which are set out on pages 6 10 15. Respectlve responsibilities of directors and examiner The trustees who are also the directors of Bradford LGBTQ+ Strategic Partnership Ltd. for the purposes of company law, are responsible for the preparation of the accounts. The Iruslees 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 examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act., {ii) to follow the procedures laid down in the general Directions given by the Charily Commission under section 145(5){b) of the 2011 Act., and (iii) to state whether particular matters have come to my attention. Basis of independenl examln•r's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence thal 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 lo those matters set out in the statement below. Independent examlner's stalemenl In connection with my examinalion, no matter has come to my attention. which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006. and (li) to prepare accounts which accord with the accounting records, comply with Ihe accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice,. Accounting and reporting by Charities. have not been mel., or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts lo be reached. Kevln J Meddlngs M.A.A.T. Kevin MeddSngs Accountan 55 Crowther Avenue Calverley Leeds Wesl Yorkshire LS28 5SA Servlces Dated..
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted funds Reslricted funds Total 2024 Total 2023 Notes Income Volunlary income Incoming resources from charitable activities 17,669 13,047 30,716 17,655 159,115 159.115 107,762 Total Income 17,669 172,162 189,831 125,417 ExpendSture Charitable activities 7,153 174,093 181,246 123,593 Total Expendlture 7.153 174.093 181,246 123,593 Net Incomel(expenditure)I Net movement in funds before transfers 10,516 (1,931) 8,585 1,824 Transfer8 between funds (22,513) 22,513 Net Incomel(expenditure)I Nel movement In funds after transfers (11,997) 20,582 8,585 1,824 Tolal funds brought forward 95,602 22,715 118,317 116,493 Total funds carrled forward 83,605 43,297 126,902 118,317 Thè statement of financial activities also complies with the requirements for an income and expenditure Account under the Companies Act 2006.
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. BALANCE SHEET AS A T 31 MARCH 2024 Notes Unrestrlcted funds Restricted funds Total funds 2024 Total funds 2023 Current Assets Debtors Cash at Bank and in Hand 15,811 88,961 104,772 61.014 68,984 (31,416) 37,568 81,096 Total Assets 84,795 57,545 142,340 142,110 Credltors: Amounts Falllng Due Wlthin One Year (1,190) (14,248) (15,438) (23,793) Tolal Assets less Current Llabllities 83,605 43,297 126,902 118,317 Total Funds of the Charlly Unrestricted Funds Reslricled Funds 83,605 83,605 43,297 95,602 22,715 43,297 Total Charlty Funds 83,605 43,297 126,902 118,317 The company is entitled lo the exemption from Ihe audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. No member of the company has deposited notice. pursuant to section 476, requiring an audit of these accounts. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financi81 year and of its incoming resources and application of resources, including ils income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounls, so far as applicable to the company. These accounts have been prepared in accordance with the provisions applicable lo companies subject to small companies regime. The accounts were approved by the Trustees on /3/,./&94 18 IILIIKF Trustee . ALLtrz Trustee Dar(Un Ilo Company Registration No: 5545105
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. STATEMENT OF CASHFLOWS AS A T31 MARCH 2024 2024 2023 Note 10 Cash (used) in operating actlvities (43.528) (36,570) Cash equivalents al the beginning of the year 81,096 117.666 Total cash equlvalents at tha end of the year 37,568 81,096
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies 1.1 Basis of preparation The accounts are prepared under the historical cost convention unless otherwise stated. The accounts are prepared in accordance with Accounting and Reporting by Charilies-, Statement of Recommended Practice (SORP) applicable lo charities preparing iheir accounts in accordance with the Financial Reportin9 Slandard applicable in the UK and Republic of Ireland {FRS 102) published on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS102) the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it applies from 1 January 2015. The charity constitutes a public benefit entity as defined by FRS102. Having considered future planned activities and the reserves available to the charity, the directors are satisfied that the financial statements should be prepared on the going concern basis. 1.2 Incoming resources Donations and legacies are accounted for when received by the charity. Other income is accounted for on an accruals basis as far as is prudent to do so. Revenue grants are recognised on receipt, subject to any required conditions being mel or services provided. 1.3 Resources expended Expenditure is recognised on an accruals basis as 8 liability is incurred. Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for beneficiaries. These include governance costs which are Ihose costs associated with meeting the constitutional and statutory reouiremenl of the charity. 1.4 Tanglble flxed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated lo write off the cost of each asset over ils expected useful life as follows.'_ Fixtures and fittings Equipment Leasehold Improvements 250/0 Straight line 33 % straight line Over the remaining period of the lease It is the policy of the charity to only capitalise individual items costing in excess of £2,500. 1.5 Fund accountlng Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Funds may be designated at anytime by the trustees if such a purpose as identified. Reslricled funds are subjecl to specific conditions by donors as to how they may be used. The purposes of use of the restricted funds are set out in the notes lo the accounts. 1.6 Leaslng and hire purchase commitments Rentals payable under operating leases are charged against income on a straight line basis over the period of the lease. 1.7 Penslons The charity pays contributions inlo the National Employment Savings Trust (NEST) which is a defined contribution workplace scheme.
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Voluntary Income Total 2024 Total 2023 Core funding Grants receivable for core activities 28,716 2.000 14,687 2,968 30,716 17,655 Core fundlng Donations and fundraising Room hire Services provided Employment allowance Bradford Pride sponsorship Training 1.516 5,000 4,800 5,000 7,150 5,250 371 4,240 5,076 5,000 28,716 14,687 Grants receivable for core actlvltl•s Unrestricted funds.. Bradford VCS Alliance City of Bradford MDC (Core Cost Grants) 2,000 2,968 2,000 2,968
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Incoming resources from charitable activities 2024 2023 Reaching Communities City of Bradford MDC Day Opportunities City of Bradford MDC PROUD BD Give Bradford Cnet City of Bradford MDC Youth Pride 87,936 33,402 20,000 9,277 7,500 1,000 107,762 159,115 107,762 Charitable activities 2024 2023 Salaries and NICS Pension costs Payroll costs Bookkeeping services Office supplieslcopyinglpostage Telephone Equipment Subs and affiliations Maintenance and improvements Freelance costs Independent examination Annual return Trustee and volunteer expenses Travel expenses Events and activities Rent and rates Insurance Cleaning Website development and maintenance Sundries Legal fees Loan written off 90,955 2,093 904 72,057 1,635 613 979 2.224 890 1,003 794 343 9,327 1,300 13 173 84 11,937 15,967 1,550 1,064 250 29 1,556 1.951 851 637 360 15,220 1,000 13 1,519 294 38,701 16,581 1,471 1,535 250 141 il 978 4,236 1,361 181,246 123,593
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12. Trustees None of the trustees (or any persons connected with them) received any remuneration during the year. No Iruslees were reimbursed expenditure (2023.. none). A repayable loan was made in the year to help towards the costs of the events of Bradford Pride 2022. This was approved by the Board of Trustees who can confirm that one Trustee was specifically involved in organising the events. We can confirm that there are no other related party transactions that require disclosure in the accounts {2023.' none). Employees Number of employees The average monlhly number of employees during the year was.. - 2024 Number 2023 Number Chief Executive Officer Finance and Adminislralion Worker Trainer Youth Worker Group Facilitator Arts and Events Manager Development Worker Trans Worker 0.75 3.65 Employment costs 2024 2023 Wages and salaries Social security costs Pension costs 85,195 5,760 2,093 66,626 5,431 1,635 93,048 73,692 There were no employees whose annual emoluments were £60,000 or more.
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. 13. NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Debtors 2024 2023 Debtors and prepayments Other debtors Loan 93,961 10,811 56,778 4,236 104,772 61,014 Creditors: amounts falling due wlthin one year 2024 2023 Creditors Accruals Other creditors Deferred income 14,438 1.000 17,035 1.300 3,458 2,000 15,438 23,793
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14. 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 Balance at 1 April 2023 Incoming resources Resources expended Transfer between funds Balance at 31 March 2024 City of Bradford MDC (Developing Youth Work Sessions) Reaching Communities Older & Wilder City of Bradford MDC Day Opportunities City of Bradford MDC PROUD BD Give Bradford Cnel City of Bradford MDC Youth Pride 3,520 (2,611) (909) 18,081 1,114 93,186 647 (137,453) (180) 26,186 (1,581) 33,402 (4,144) 29,258 27,150 9,277 7.500 (26,036) {1,369) (1,369) (1,114) 7,908 6,131 1,000 (931) (69) 22,715 172,162 (174,093) 22,513 43,297 Clty of Bradford MDC (Developlng Youth Work Sesslons) We were originally awarded £10,000 by Bradford Council lo provide services for LGBTQ+ young people. Working in partnership wilh Bradford Youth Service, young people have benefited from weekly youth groups, residenlials and community activities. Trans young people have been mentored wilhin schools, enabling them to navigale any challenges that school life presents as they transition. Reachlng Communllies To fund the ongoing development of the organisation and support the LGBTQ+ community in Bradford. Older & Wllder Monies donated by group members lo fund activities, equipment, speakers etc for the group. This money is now held on their behalf lo spend on activities and events. Clty of Bradford MDC Day Opportunltles Funding towards running older people's provision until 31 March 2025
BRADFORD LGBTQ+ STRATEGIC PARTNERSHIP LTD. NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15. Clly of Bradford MDC PROUD BD Funding towards PROUD BD, a new festival of LGBTQI people, communities, arts and culture which look place in June 2023, culminating with a Bradford Pride event. Give Bradford Funding towards running youth groupla¢tivities. Cn•t Monies towards slaffing and health related activities within sessions. Clty of Bradford MDC Youth Pride Funding towards running a Youth Pride event in Keighley. 10. Reconclllatlon of n•t movement In funds to net cashflows from operatlng actlvitles:. 2024 2023 Net movements in funds (Increase) in debtors (Decrease)lincrease in creditors 8,585 (43,758) {8,355) 1,824 (56,761) 18,367 Nel cash (used) in operating actlvlties (43,528) (36,570)