**REGISTERED CHARITY NUMBER: 1115708** **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 December 2023** **for** **Bourne Free Trading as Bourne Free Pride Festival** Accountancy Co-operative Unit 2A The Courtyard Craft Centre, Huntick Rd, Lytchett Minster Poole Dorset BH16 6BA **Bourne Free Trading as Bourne Free Pride Festival** ## **Contents of the Financial Statements for the Year Ended 31 December 2023** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5| |**Notes to the Financial Statements**|6 to 10| |**Detailed Statement of Financial Activities**|11| **Bourne Free Trading as Bourne Free Pride Festival** ## **Report of the Trustees for the Year Ended 31 December 2023** The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** To promote equality and diversity for the public benefit in the UK and in particular but not exclusively the elimination of discrimination on the grounds of sexual orientation by raising awareness in issues affecting said persons in particular by promoting and staging an annual LGBT festival. ## **Significant activities** Bourne Free sponsors an annual festival in Bournemouth in July to promote equality for the LGBT community, to support diversity, and to encourage greater connection and understand between the LGBT community and the wider Bournemouth, Poole and Dorset communities. ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** In 2023 Bourne Free held its 19th annual festival to promote diversity of the LGBT Community. The event returned to its new home at the larger premises at Meyrick Park for the second year with the theme ‘Pride without Prejudice’ The event saw the inclusion of our usual set up with a revamp ‘community village, which consisted of information stalls and Community Stage offering both local talents and ‘lived lives’ stories to cover our educational element into the mix. We also introduced ‘Teddy Talk’s – Stories aimed at our younger audiences but read by our community. The rest of the park saw, Two Bars, a Main Stage, Food Stalls, Toilets and our well-being enclosure. The Friday night element of the weekend saw a free family friendly night, with local talent being showcased with donations being made to the Dorset Children’s foundation who we also present over the weekend. Acts included – Chris Jarvis, Katy and Nigel from CBeebies. The Ed Sheeran Experience, Martha D’Arthur, Eva Igleisias Saturdays Parade saw the return of our walking parade arriving at Meyrick Park, and was led by the Su Pollard. A full afternoon of entertainment on both Community stage and the main stage was had. Saturday night entertainment included a headline from East 17, Big Brovaz, Amelia Lily, Ru Paul’s Ella Vaday, Baby D, Kele Le Roc , Phats and Small plus many more The event was ‘as always’ hugely popular, having sold all VIP and Early tickets at early stages of the ticket sales, we succeeded 2002’s ticket volumes quite quickly into the evening. ## **Community Fund** In 2023, through the use of our community fund. A Total of £13, 476.00 were a awarded through grants to the following charities and business in the local area. £6,000 made to 6 food banks £1,000 made to Maverick Arts £500 to Pride Priders £1,000 made to BBLOC £1,000 made to Pavilion Dance South West £1,000 made to St Mungos £1,000 made to Cannon Coaching. £976 made to Poole Waste Not Want Not £1,000 made to Poole Light House Page 1 **Bourne Free Trading as Bourne Free Pride Festival** ## **Report of the Trustees for the Year Ended 31 December 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The governing document is in the form of a Deed of Trust and Constitution dated 20th January 2009. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1115708 ## **Principal address** 8 Stratfield Saye 20-22 Wellington Road Bournemouth Dorset BH8 8JN ## **Trustees** C Ashton-Hollis - Chair - Nat West Bank Manager (resigned 20.3.24) N G Errington - Treasurer - Insurance Manager L Clarke - Student - Secretary M Stanley Retail H Rynor - Nursing (resigned 6.9.23) L Tolley - Entertaining / Advertising (appointed 4.1.22) R Toresen - Marketing (appointed 11.9.22) (resigned 26.5.24) D Lewis - IT - Head of People (appointed 11.9.22) – Co Chair K Allgood - Fire Services (appointed 11.9.22) (resigned 6.9.23) S J Critchley - Project Manager (appointed 11.9.22) J T Cannon - Manager (appointed 7.1.22) – Co Chair K Mayo – Police Officer (appointed 1.9.24) M Armstrong – NHS Nurse (appointed 1.9.24) J Dixon-Box – Hotel Operations Director (appointed 1.9.24) C Berbers (Watson) – SEN Mentor (appointed 1.9.924 I Clements – Retired (appointed 1.9.24) ## **Independent Examiner** Martin Arthur FMAAT, FFA, FIPA, FFTA, MIH, ACIE Accountancy Co-operative Unit 2A The Courtyard Craft Centre, Huntick Rd, Lytchett Minster Poole Dorset BH16 6BA ## **CHARITY'S POLICY ON RESERVES** As income for Bourne Free is primarily generated at the time of the festival, the charity seeks to raise and reserve each year an amount up to the costs of the subsequent year's festival. Approved by order of the board of trustees on 24 October 2024 and signed on its behalf by: N G Errington - Treasurer - Trustee Page 2 **Independent Examiner's Report to the Trustees of Bourne Free** ## **Independent examiner's report to the trustees of Bourne Free** I report to the charity trustees on my examination of the accounts of Bourne Free (the Trust) for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Martin Arthur FMAAT, FFA, FIPA, FFTA, MIH, ACIE The Association of Accounting Technicians Accountancy Co-operative Unit 2A The Courtyard Craft Centre, Huntick Rd, Lytchett Minster Poole Dorset BH16 6BA 24[th] October 2024 Page 3 ## **Bourne Free Trading as Bourne Free Pride Festival** ## **Statement of Financial Activities for the Year Ended 31 December 2023** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**1,147**
Other trading activities
2
**139,185**
Investment income
3
**304 **
**Total**
**140,636**
**EXPENDITURE ON**
Raising funds
**82,897**
**Charitable activities**
Annual Festival
**70,889**
Community Fund
**-**
**Total**
**153,786**
**NET INCOME/(EXPENDITURE)**
**(13,150)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**116,056**
**TOTAL FUNDS CARRIED FORWARD**
**102,906**|Restricted
fund
£
**6,111**
**5,000**
**-**
**11,111**
**82**
**-**
**13,476**
**13,558**
**(2,447)**
**3,821**
**1,375**|**31.12.23**
31.12.22
**Total**
Total
**funds**
funds
**£**
£
**7,258**
5,222
**144,185**
133,974
**304 **
34
**151,747**
139,230
**82,979**
60,597
**70,889**
59,648
**13,476**
94
**167,344**
120,339
**(15,897)**
18,891
**119,877**
100,986
**104,281 **
119,877|**31.12.23**
31.12.22
**Total**
Total
**funds**
funds
**£**
£
**7,258**
5,222
**144,185**
133,974
**304 **
34
**151,747**
139,230
**82,979**
60,597
**70,889**
59,648
**13,476**
94
**167,344**
120,339
**(15,897)**
18,891
**119,877**
100,986
**104,281 **
119,877| |---|---|---|---| ||||139,230| ||||60,597
59,648
94| ||||120,339| ||||18,891
100,986| ||||119,877| The notes form part of these financial statements Page 4 ## **Bourne Free Trading as Bourne Free Pride Festival** ## **Balance Sheet 31 December 2023** |Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Cash at bank
**109,317**
**CREDITORS**
Amounts falling due within one year
6
**-**
**NET CURRENT ASSETS**
**109,317**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**109,317**
**NET ASSETS**
**109,317**
**FUNDS**
8
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
**(5,036)**
**-**
**(5,036) **
**(5,036)**
**(5,036) **|**31.12.23**
**Total**
**funds**
**£**
**104,281**
**-**
**104,281 **
**104,281**
**104,281 **
**102,906**
**1,375**
**104,281 **|31.12.22
Total
funds
£
149,249
(29,372)
119,877
119,877
119,877
116,056
3,821
119,877| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 24 October 2024 and were signed on its behalf by: N G Errington - Treasurer - Trustee D Lewis – Co-Chair - Trustee The notes form part of these financial statements Page 5 **Bourne Free Trading as Bourne Free Pride Festival** ## **Notes to the Financial Statements for the Year Ended 31 December 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** |Fundraising/Campaign Income
Wristbands
Sponsorships|**31.12.23**
**£**
**12,091**
**109,494**
**22,600**
**144,185**|31.12.22
£
90,303
30,001
13,670| |---|---|---| |||133,974| continued... Page 6 **Bourne Free Trading as Bourne Free Pride Festival** **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **3. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||**31.12.23**|31.12.22| ||**£**|£| |Interest Receivable|**304 **|34| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
1,342
Other trading activities
133,974
Investment income
34
**Total**
135,350
**EXPENDITURE ON**
Raising funds
55,347
**Charitable activities**
Annual Festival
59,648
Community Fund
94
**Total**
115,089
**NET INCOME**
20,261
**RECONCILIATION OF FUNDS**
Total funds brought forward
95,795
**TOTAL FUNDS CARRIED FORWARD**
116,056|Restricted
fund
£
3,880
-
-
3,880
5,250
-
-
5,250
(1,370)
5,191
3,821|Total
funds
£
5,222
133,974
34| |---|---|---| |||139,230| |||60,597
59,648
94| |||120,339| |||18,891
100,986| |||119,877| continued... Page 7 **Bourne Free Trading as Bourne Free Pride Festival** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** |**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 7)
Other creditors
**7.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
**8.**
**MOVEMENT IN FUNDS**
At 1.1.23
£
**Unrestricted funds**
General fund
**116,056**
**Restricted funds**
Community Fund
**3,821**
**TOTAL FUNDS**
**119,877**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**140,636**
**Restricted funds**
Community Fund
**11,111**
**TOTAL FUNDS**
**151,747**|**31.12.23**
31.12.22
**£**
£
**22,466**
6,750
**-**
22,622
**22,466**
29,372
**31.12.23**
31.12.22
**£**
£
**22,466**
6,750
Net
movement
At
in funds
31.12.23
£
£
**(13,150)**
**102,906**
**(2,446)**
**1,375**
**(15,596) **
**104,281 **
Resources
Movement
expended
in funds
£
£
**(153,786)**
**(13,150)**
**(13,557)**
**(2,446)**
**(120,339) **
**(15,596) **| |---|---| continued... Page 8 **Bourne Free Trading as Bourne Free Pride Festival** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **8. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |||Net|| |---|---|---|---| |||movement|At| ||At 1.1.22|in funds|31.12.22| ||£|£|£| |**Unrestricted funds**|||| |General fund|95,795|20,261|116,056| |**Restricted funds**|||| |Community Fund|5,191|(1,370)|3,821| |**TOTAL FUNDS**|100,986|18,891|119,877| |Comparative net movement in funds, included in the above are as follows:|||| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|135,350|(115,089)|20,261| |**Restricted funds**|||| |Community Fund|3,880|(5,250)|(1,370)| |**TOTAL FUNDS**|139,230|(120,339)|18,891| |A current year 12 months and prior year 12 months combined position is as follows:|||| |**Unrestricted funds**
General fund
**Restricted funds**
Community Fund
**TOTAL FUNDS**|At 1.1.22
£
95,795
5,191
100,986|Net
movement
in funds
£
7,111
(3,816)
3,295|At
31.12.23
£
102,906
1,375| |---|---|---|---| ||||104,281| continued... Page 9 **Bourne Free Trading as Bourne Free Pride Festival** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2023** ## **8. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Community Fund
**TOTAL FUNDS**|Incoming
resources
£
275,986
14,991
290,977|Resources
Movement
expended
in funds
£
£
(268,875)
7,111
(18,807)
(3,816)
(287,682)
3,295| |---|---|---| ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2023. Page 10 **Bourne Free Trading as Bourne Free Pride Festival** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2023** |**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2023**||| |---|---|---| ||31.12.23|31.12.22| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|**5,222**|5,222| |**Other trading activities**||| |Fundraising/Campaign Income|**90,303**|90,303| |Wristbands|**30,001**|30,001| |Sponsorships|**13,670**|13,670| ||**133,974**|133,974| |**Investment income**||| |Interest Receivable|**34 **|34| |**Total incoming resources**|**139,230**|139,230| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Donations to other charities|**5,250**|5,250| |Fundraising|**55,347**|55,347| ||**60,597**|60,597| |**Charitable activities**||| |Health & Safety|**4,274**|4,274| |Facilities|**7,493**|7,493| |Entertainments|**13,042**|13,042| |Parade|**1,259**|1,259| |Food & Beverage|**32,806**|32,806| ||**58,874**|58,874| |**Support costs**||| |**Finance**||| |Bank charges|**393**|393| |**Governance costs**||| |Accountancy fees|**475**|475| |Total resources expended|**120,339**|120,339| |**Net income**|**18,891 **|18,891| This page does not form part of the statutory financial statements Page 11