Registered number: 06800285 Charity number.. 1141053
WEARE
NORTHERNPRIDE Northern Pride Events Limited (• company Ilmlted by guarartee) REPORT AND FINANaAL STATEMENTS FOR THE PERIOD ENDED 31 JANUARY 2023 Prepared By: F.E.Laughlin Ltd VAJCAccountsnts 19 Norfolk Street Sunderland SRI IEA ACFWH 3111012023 COMPANIES HOUSE A23
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Northern Prlde Events Limited FINANaAL STATEMENT5 FOR THE PERIOD ENDED 31 JANUARY 2023 TrUSTEES S Bendelow L Robson R Murr J Owen REGISTERED OFFICE Dance C Ternple Street Newcastle upon Tyne Tyne and Wear NE38 8FD COMPANY NUMBER 06800285 CHARITY NUMBER 1141053 INDEPENDENT EXAMINER Flona E Ramsey F.E.Laughlln Ltd 19 Norfolk Street Sunderland SRI IEA Page I
Northern Pride Events Umited ACCOUNTS FOR THE PERIOD ENDED 31 JANUARY 2023 CONTENTS Pages Report of the Tru5¢ees Report of the Independent kcountant Statement of Financial Actlvities Balance Sheet io Cash Flow Statemenl Note5 to the Accounts li 12to16 Page 2
Northern Prlde Events Limited TRUSTEES, REPORT FOR THE PERIOD ENDED JI JANUARY 2023 The Trustees present their report and the unaudited financial ststements for the period ended 31 January 2023 whleh are also prepared to meet the requirements for a directors, report and accounts for Companles Act purposes. The trustee5 have adopted the provisions of the Ststement of Recommended Practlce ISORPI "AccoLsntin8 and Reporttng by Charfties" In preparing the annual report and financial statements of the charity. Objertlves and Artl¥ltles ObJe¢tbves and Alms TheTrustees have pald due regard to guidan issued bythe Charity Commisslon in decldlng what artivitie5 the Charity should undertake in order to fvrtherthe tharitsble purposes forthe public benefit These artivlties are summarised below. Northem Pride was formed in August 2007 after a brief gap In Pride artlvltles following the c105ure of Pride on the Tyne. A research project was commissioned and carried out by Ltd to estsblish what the North East LGBTQIA+ community would like from a Pride e¥tnt. These results were fed back into the communlty In Mav 2007 and frorn this feedback a group of volunteers came forward and fom)ed the first Northern Pride committee. Northern Pride was incorporated as a limited company in 2009 to give the organisatlon greater attountability and protertlon and Is a registered charity. In 2018 the charity wa5 rebranded. and the new core principles were Introduced. Pr Protect LGBTQIA+ rlghts already won and champion these whilst 5UPPOrtlng the fight to end equallty indifferences that remain at home and abroad. ro Promote a healthy body and rnind through access to stjppgrt and education for the community and our straight allies. Provlde a serles of LG8TQbA+ e4ents includlni our annual festival to bring communities doser together and celebrate our diverslty. These core principle5 are the foundations to enable N¢)rthern Pride to proudly promote Lesbian, Gayi Bisexual, Transgender, Queer plus, culture through public celebration of our herita8e and engaging in education and cultural activities that enrich the community whilrt raising awareness of the issue's LG8TQIA+ people face, buildlng mutual respect and working to end homophobia, biphobla and transphobia bullying IHBT) and discrlminatlon. As an LGBTQIA+ charity the aim5 of Northem Pride are the promotion of equalfty and diverstty for the public benefit bv al The e15mlnatlon of discrimination on the grounds of sexual orientation. gender identty ènd expression, and sex characteri5tlc5 bl Advancing educauon and raislng awareness in equallty and diversty issues face by LG8TQIA+ people,. and Page 3
Northern Pride EntS Llmited I Cultivatlng a sentlment in favour of equality and dlversity to create a safe environment where LGBTQIA+ people can promote and explore their culture and work In the interests of the publ1¢ benefit to remove any social exclusion. Northern Prlde achieve their aims and obJÈctlve by holding various events, workshops, sernlnars and campaigns throughout the year which culminates into the pride festival in July. The first of these pride festivals were held in July 2008 and was attended by oNpr 2,500 people. The thretrday festival now indude5 a March throu8h Newcastle city with entertainment. various LGBTQIA+ safe zones. information stalls, and market sta115 across the Town Moor, Newcastle plus an array of satellite events on the buildup to the festl¥al whith now attract5 over 40,000 people. s18nlflThI Artlvltles and Athlevwnents 2021-2022 saw the rern of ourlirst in person festival and the delivery of our UK Pride event Ou¥ SUC$sful bkl forthe UK Pride status was won in 2018 and was due to be delivered in 2020. We were 5UPPOrted by the UK Pride Organisers Network and the member5 to delay the event until our first In person event since the pandemic whith was delivered in 2022. The festival was è VcoMed return for the (ity and the cornrnunity with 70,OW people through the gates over the three-day event. 25.OCKJ people joined the marth throush the city which focused on our mission for the event, Remember, Resirt. Rise Up and was led by nearly 200 people from the trans and gender non-conformlng community. On misslon for the festival was to'elevate ènd celebrate the north easts LG8TQIA+ communltl and one way in which we did this w45 to ensure that over 9 of all performers. artists. creatives. and artivist that took to the main stage, where from the community and from the region. We introduced a new area in the Community Village. LGBT+ Northern Soual Group Zone. which provided space for those that needed neuro divergent support. stim space. and somewhere that was away from loud noise and alcohol. In the Family and Youth Zone we brou8ht in the Unfolding Theatre stage. tsking our stage count to 4 for the flrst tlme. We also ensured that all artists, creative and performers received paid work to recognise the impact the community had duri the pandemic induding the loss of income. After 5uth a succe55 with our dl&tal content during the pandemic we took brought digital broadcasting to the festival for the first time. Our Live at Pride content was broadcasted backstage. covering off Interviews with members of the public. performers. artists. and activtsts. at Pride obtained over 275k impresslons with over 20k views. Our 2022 comm5 and marketing focus had an increased focus, with a new website that delivered 30k hits over the festlval weekend. With 81 pieces of press going out to promote the campaign, with 442m combined reach, 7.8m vIeV of the PR storie5. Our brand continues to grow with 8k pieces of merchandise sold worldwide ralsin8 vltal funds for the thwitv. Publlt Benefft We continue to knoedge that our core purpose 15 to deliver event-based campaigns for the Community and support the gr¢)wth ol LGBTQIA+ community allyship, empathy and activism. In 2022 we saw disappointing data including hate crlme rises, vlolence toward5 the community and rises in mental health issues. The festival and smaller events that we lead on, or support others with, are vital to foster a p05itlve, safe and inclusive environments to ensure the community can thrNe. Page 4
Northem Pride Events Limited Volunteers The events, including those via digital methods. wouldn't be possible without our fantastic volunteer5 who give up their time to support us. This can be as Itttle as being a march steward on the main day. helping with ollertions round the scene. arranging fundraising events or a more artNe role on the main committee as a co- ordinator or dirertor trustee. Northern Pride events are run by a team of volunteers with help from specialtst consultants and service providers. FINANaAL REVIEW Financial position Generol fund income in the period was £283.374. primarily from grants. event admissions or fees. donations and sponsorships. Expenditure was £348.704, resultin8 in a net loss of £65,33012022: net loss £11.5961. Reserves policy At 31 January 2023, reserves are-£29.91412022= £35.4161 due to the organisation running as a not for profit or8anisation whilst taking particular care to ensure the charity achieves in objertives and satisfies its creditors. Going toncern In 2022 we saw supporter and sponsor income change due to the financial clirnate and we fully understand that we must diversify our income to ensure sustainability. Since 2018 we've tried various types of Friday night ticketed fundrarsing events. In 2022 a 'Launch Partv wa5 delivered which had signifKant investment with the aim of raising funds through ticket sales. Production spend was increased to make sure the event would match similar ticketed pride festivals across the UK. Unfortunate, whilst the event delivered successfully and we received positive feedback from those in attendance, the income raised did not match or supersede the spend on the event. Thi5 has led to the charity carrying over a negative balance into the next financial period. For 2023's festwal, a ticketed entry was decided for part of the event where indNiduals required to a ticket to acce55 some of the attractions. Whil elsewhere a significant grant from North of Tyne Combined Authority has been granted to ensure the event remains free at the point of entry. This mixed model is being monitored closely to ensure we minimise financial risk. whilst maintaining high standard of delivery. The board tontinue to work with experts to explo options to ensure the chartty can reduce or remove risk based activity entirely* and focus on its activities that are fully funded and delNer the community Outreach work and objertives laid out in its constitution. e$iallY in the cuffent hostile envifonment for rnany within the community. Plans for future period5 The board of trustees and key advisory group parties cornpleted an in-depth review an investiEation into a paid vs free event status to learn from 2022 and ensure robust plans are in place. For 2023. the Friday event was removed from the program and paid ticket entry into the Festival Arena was introduced. The Community Village was relocated to be the first area on site. and access was kept free to ensu the community still had a free to access pride festival in the northeast. Focus also moved from retying on commercial income and the charity was successful in a substantial grant from several partners includin8 North of Tyne Combined Authority. Funds in credit The general fund was in debit at the end of the period by £29.914. Pa8e S
Northern Pride Events Limited STRUCTURE. GOVERNAN AND MANAGEMEKr Governlng document The charity is controlled by its governing document. a deed of trust. and constitutes a limited company, limited by guarantee. as defined by the Companies Art 21Th. The Directors of the Company are also Trustees of the Charity. Elrgibility for membership of the Charity and membership of the Board of Trustees is governed by the memorandum and article5 of association. There are no restricttons in the governing document on the operation of the charity or on its investment powers other that those Imposed by Charity law. The organisation is govemed by a Board of Direttors. which consists of nominated members. The Board is responsible for the management and control of the Charity and overall direction of its work. The Dirertors have the power to CQ-QPt new Dirertors as set out in the Memorandum and Articles ofAssociation. Indurtion and Training of Trustee5 Our HR Director continue5 to monitorour onboarding process for all volunteers. committee member5 and Directors. This includes relevant operating procedures. confKlentiality agreements and other 8ovemin8 documents. Risk management strategy The Trustees have assessed the major risks to which the Charity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. The trustees regularly review risks and uncertainties. To ensure eady mitigation of risks the trustee5 continually monitor and review financial status and forward forecasts on a quarterly basis. REFERENCE At4D ADMINISTRATIVE DEfAIiS Charity Name= Northern Pride Events Limited Charity Number. 1141053 Company Number. 068285 Registered Office= Dance City. Temple Street. Newcastle upon T. Tyne and Wear NEI 48R The Trustees. who are also the Directors forthe purpose of company law. and who served during the period were.. S Bendelow L Robson R Murr J Owen None of the trustees received MneratIOn or other benefft from their work with the charity. Any connection with the charity must be disclosed to the full boar(l of trustees in the same way as any other contractual relationship with a related party. In the current period no such related party transactions were reported. Page 6
Northern Pride Events Limited None of the Trustees ha5 any beneficlal Interest In the company. All of the Trnstees are members of the company and guarantse to contrlbute £1 in the event of a wlndin8 up. Exemptlons from Dl%l*)suie There are no exemptions from disdosure. Funds Held as Custodlan Trustee on Behalfot Others There are no funds held as Custodian Trustee on behalf of others. STATEMENT OF TRUSTEes' RESPthYSIBILITIE5 The Trustees, who are also the Directors of Northern Pride Events rnIted for the purpose of company law, are responsible for preparing the TfUStee5' Report and the financial statements in accordance with applicable law and United knn8dom Accounting Standards (Untted Kfngdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare flnanaal statements for each financial period whlch glve a true and fair view of the state of affairs of the charity and of the incoming resources and appliCatn of resources, induding the income and expenditure, of the charitsble company for that period. StatefflÈnt as to dls¢losure of Inforniatlon to the Independert accountant In preparing these accounts. the Trustees are required to- Select suitable accounting policles and then applythem consistentty: Obser¥e the methods and principles in the Charities SORP,- Make Judgements and estlmated that are rea50nable and prudent; and Prepare the ftnancial statements on the going concem ba515 unless it is inapproprlate to presume that the charlty wlll contlnue In operation. The Tiustee5 are responslble for keeping adequate records that disclose with reasonable accuraty at anytlme the financial posltion of the tharity and enable them to ensure that the finanaal statements comply with the Companies Act 2006. They are also responsible for 53fe8uardin8 the assets of the tharty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsi1e ft)r keeping proper accounting records which disdose with reasonable accuracy at any tlme the financial position of the charitable company and to enable them to ensure that the financlal statements comply wrth the Companies Act 20C6. They are alw responsible for safeguarding the assets of the charitable company and hence fortaking reasonable steps for the prevention and detertion of fraud and other irregularities. On Behalf of the Board of Trustees Lynne R¢)bson Trustee Dated: }_)..,. l 23 Pagel
Northern Pride Events Limited INDEPENDENT EXAMINEfS REPORT FOR THE PERIOD ENDED 31 JANUARY 2023 INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES OF NORTHERN PRIDE EVENTS LTD I report the to the charity tTUStees on my examination of the accounts ofthe company for the perfod ended 31 January 2023 which are set out on pages 9 to 16. Respectlve Responsibilities of trustees and examiner As the charity Iru5tees of the company land also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 21))6 I'the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2CX)6 Act and are eltgible for independent examination. I report in respect of my examination of your companV5 accounts as carried out under section 145 of the Charities Act 20111.the 2011 ACVI. In carrying out my examination I have followed the Directions given by the Chafity Commission under sertion 1451511b) of the 2011 Independent examlner's statement I have completed my examination. I confiTrn that no matters have come to my attention in connertion with the examination giving me cause to believe that in any material respect= accounting records were not kept in respect of the company as qUired by section 386 of the 2C($6 Art,. or 2. the accounts do rt accoril with tIse records: or 3. the atcount5 do not comply with the accounting requirements of sertion 396 of the 2006 Act other than any requirement that the accounts give a 'true and fèhr viev/ which is nDt a matter conSided as part of an independent examination: or 4. the accounts have not been prepad in accordance with the methods and principles of the Statement of Recommended practi for accounting and reportin8 by charities lapplicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021]. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this rewjrt in order to enable a proper Understandi of the accounts to be reached. Fiona Ramsey FCA For and on behalf of F.E. Laughlin Ltd 19 Norfolk Street Sunderland SRI IEA Page 8
Northern Pride Events Limtted STATEMEMf OF FINANaAL AcrivmES FOR THE PERIOD ENDED 31 JANUARY 2023 Notes 2023 2022 Income from enerated funds Donations and legacies Other trading artivilie5 Total Incoming resourc 41.614 241.760 283.374 58,067 39,974 98,041 Ex nditure Raising funds Charitable actNities Other Totsl Expenditure 348.704 109.637 348,704 109,637 Net (expenditurell lncorne and net movement in funds ft>r the period 165.3301 {11,5961 Reconclllation of funds Total Funds brought forward Total funds carried fonvard 35.416 129,9141 47,012 35.416 This Statement of financial actbVitte5 includes all gains and1055es recognised in the period. All income and expenditure has arisen from continuing activities and is assigned to unrestricted funds in both perlods. This statement also includes the income and expenditure account for the Companies Art 2006. Page 9
Northern Prlde Events Limited BALANCE SHEET AS AT 31 JANUARY 2023 Note5 2023 2022 Current assets Debtors.. kniounts fulltnz due within one year Cash at Bank and in hand io 5,584 2,157 8,502 39.882 Llabllltles CREDITORS: Amounts fallin8 due within one year Net Current assets TOTAL NEf AS5Ef5 OR UABIUTIES li 138,416) 110,0501 129.914) 35,416 Th• Funds of th• Charity Unrestrirted income funds Total Charity Funds 12 129,9141 129.9141 35,416 35,416 The charitsble company is entided to exemption from audit under Sertion477 of the Companies Act 2006 for the year ended 29 January 2023. The members have not required the charitable company to obtsin an audFt of its ftnantial Statements for the year ended 29 January 2023 in accordance with Section 476 ot the Cornpanies Art 2006. The trustees acknovAedge their responsibilities for: a) en5urlng that the charftsble company keeps accountlng records that comply with Sertions 386 and 387 of the Companies Art 2006 and b) preparin8 financial statements whlch give a tfue and fair wew of the state of the charitsble company as at the end of each finanaal period and of its Sufplus or deftcit for each financial period in attordanee wlth the requlrements of Sections 394 and 395 and whlch otherwise comply with the requlrements of the Companies Art 2006 relating to financial statements, $0 far as applicable to the d)aritable company. These flnanclal statements ha¥e been prepared in accordance with the special provislons of Part 15 of the Companies Art 2006 rdating to small charitable cornpanies. The notes on pages Page 9 to Page 16 fomi part of tt*se flnandal staternents. The financi41 statema)ts were approved by the Board ofTrustees on 2711012023 and signed on thelr behalf by: Lynne Robson Trustee Page io
Northern Pride Events Limited Cash flow forthe period ended 31 Jamiary 2023 2023 2022 Net movement In fvnds 165.3301 {11.5961 Depreciation charge Finance costs 6.639 277 Movement in investment valuations Profit on disposal of property. plant and equipment 171.969) 111,8731 Decrease / {Increasel in trade and other receivables (Decrease) / Increase in trade and other p•obles Cash used in operations Net cash used in operatlng artivities Cash flows frorn investin8 arti¥ibes Payments to acquire investments Receipt5 from sale of investments Payments to acquire tangible fixed assets Receipts from sale of tangible fixed assets Net cash provided by investing artivitie5 Cash flows from financing activities Finance charges Net cash outflow from financing {Deciease)Ilncrease in ash in the ntid Balante at 30 January 2022 Balance at 29 January 2023 1761) 28,366 27,605 44,364 13.209) 5.274 2.065 9.808 16.639) {6.639) 137.7251 39,882 12771 12771 19.S31) 49,413 39,882 2.157 Cash and cash equrvalents consist of Cash in hand Notice deposit (le than 3 months) Balance at 31 January 2023 2.157 39,882 2.157 39,882 Page 11
Northern Pride Events Limited NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 JANUARY 2023 Accounting Polldes 8asis of Accounting FRS Northern Pride Events Limited is a company limited by guarantee in Engnd and 15 registered in England and Wales. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office 15 giveft in the Charity inforniation on page 3 of these financial statements. The nature of the charitVs operation5 and principal activities are given on page of these financial statements. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with AccountlllE and Reporting by Charities= Ststernent of Recommended Practice applicable to charities preparing their accounts in accordante wrth the Financial Reporting Standard applicable in the UK and Republit of Ireland issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). the Charities Att 2011. the Companies Act 2006 and UK Generally Accepted Accounting Pratt. The financial statements are prepared on a going COnM basis under the historical cost convention. modified to include certain ttems at fairvalue. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the Dearest £. The significant accounting policies applied in the preparation of these financial ststements are set out below. These policies have been consistentty applied to all periods presented unless otherwise stated. Ib. Income All income 15 recognised in the Statement of Financial Activities once the charity ha5 entitlement to the funds, it is probable that the income will be receNed and the amount can be measured reliably. The charity receive5 government grants. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met. it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are defefred. Expenditure Liabilities are recognised a5 expenditure as soon as there is a legal or constructive oblvdation tommitting 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 that 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. Id. Taxation The charity 15 an exempt charity within the meaninE of Schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph l Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tsx purposes. PaEe 12
Northern Pride Events Limited le. Fund Accounti Unrestiicted funds can be used in accordance with the charitable objectNes at the discretion of the trustees. Restricted funds can only be used for particular restrKted purpose5 Within the objects of the charity. Restrictions arise when specified by the donoror when funds are raised for particular restricted purposes. All funds are unrestricted. If. Debtors and cTrditors reteivJble/Payable within one year Debtors and creditors with no stated interest rate and receNable or payable within one year are recorded at transaction price. Any losses arising from impairment are recogni5ed in expenditure. Ig. Pn)vlslons Provision5 are recognised when the charity has an obligation at rhe balance sheet date as a result of a past event. it Is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. Ih. Cash at bank and in hand Cash at bank and in hand includes tash and instant access bank accounts. li. Pension5 The charitable cornpany has no empbyees and therefo has no pension contributions. lj. Financlal iD5truments The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. BasK financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Ik. Preparnlion of the accounts on a 8oir¥ concern b3sIs The charitable company reported net loss of £11.596 in the period. The financial statements hove been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months froffl authorising these financial ststements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be awe to continue as a going concern. 11. Operating leases The charitable company has no operating leases. Im. tlonated seT¥ice5 and facilities No amount is included in the financial 5tstements forvolunteer time in line with the SORP. Further detail is given in the Trustees. Annual Report. In. Change In length of reporting period The current period was extended by 2 days and the prior period was shortened by one day and so the cornparatives are not totally comparable. Page 13
Northern Pride Events Limited 2. DONATIONS AND LEGAaES 2023 2022 Donation5 Grant5- Other Grants- Newcastle City Countil 10.017 1.597 30.(K)O 41.614 5,226 22,841 30,000 58,067 The grant from Newcastle City Council is designated to the operating costs of the or8anisation to be spent in full by the August of each year. 30.000 30.OCKI 3. OTHER TRADING ACTIVITIES 2023 2022 Admission charge5 Advertising Fundraisin8 events Funfair Food and bar tender Sponsorships Market stalls 68,638 3.725 1.337 7,ts)0 22.850 123,695 14.515 241,760 2.178 70 20.325 17,400 33,974 4. EXPENDITURE ON CHARITABLE AcnvmES Artivities undertqken directty 2023 2022 Marquee Hire costs Event performers Event Security Waste 12,722 93,676 130,019 17.764 650 11.767 5.896 28,067 125 46,886 104 Artlsts expenses Cost of merchandise Advertisin8 and promoting LGBTQIA+ Refreshments Donations to other organisations Insurance Support costs I note 5) 3,650 14,753 6,046 960 37.238 109,637 3,810 44,208 348.704 Pa8e 14
Northern Pride Events Limited 5. SUPPORT COSTS J)23 2021 Govemance I note 6) Finance Information technology Office costs l incl rental) HMRCICO House late filing penalties Other Partial exemption VAT cost 30,054 6.639 1,270 4.396 1.783 31,060 277 1,036 3,300 890 71 44,208 37,238 6. GOVERNANCE COSTS 2023 2022 Consultancy Trademark appli¢ation Independent examinerfs remuneration 28.356 30,000 1.698 30.054 1,060 31,060 7. TRUSTEES, RENUMERATION AND BENEFITS There were no Twstee< remuneration or other beneffts for the year ended 29 January 2023 nor for the period ended 29 January 2022. Trustees. expen Travelling expenses totallin8 £012022: £392) were reimbursed to O Trustee {2022: 1 Trustees). 8. INDEPENDENT EXAMINER'S REMUNERAnON FOR ThE PERIOD The independent examiners remuneration amounts to an independent examination fee of £975 12022- £8751. This includes preparation of the financial statements. There are also fees for the preparation of VAT retums and corporation L1X returns of £72312022 £2111- 9. sfAFF cosrs The average monthly number of employees duriTrg the period was a5 follows.. 2022 Employees No employees reIVed emoluments in ex55 of £60.(KO Page 15
Northern Pride Events Limited 10. DEBTORS 2023 2022 Trade debtors Payment in advance VAT 5.828 517 5,280 304 6,345 5,584 11. CREDITOR5 2022 2021 Trade creditors and accr costs VAT 22.997 15,419 38,416 7,535 2.515 10,050 12. MOVEMENTIN FUNDS At 3Q122 Net mo¥ement In funds At 31.1.23 Unrestricted funds General fund 35.416 35,416 {65.330) 165,330) 129,9141 129,9141 TOTAL FUND5 13. REiATED PARTY DISCLOSURES There was a consultancy agreement in place with Lexspark Ltd for the period ended 31 January 2023. £24,CKJ) wa5 Spent in the period12022 £30.CXM)). Thi5 company is controlied by Richard Murr. Stephen Dunn la former director of Northern Pride Events Ltd) and Richard Murr are dirertors of Lexspark Itd. 14. POST BALANCE SHEET EVENTS. There are no adjusting post baknce sheet. Page 16