Chailty Règistration No. 1141568 (England and Walo81 company Rog58tration No. 07203554 (England and Wales) BIRMINGHAM LGBT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
BIRMINGHAM LGBT LEGAL AND ADMINISTRATIVE INFORMATION Tru8tg98 Ms J Bellingham Mr G Moore Mr S Hale Mr N Antler8on Ireslgned 1 JLtne 20221 Mr lan Hyde {Chairl Mrts R Tappia Ms S Morden (appointed 15 OGlober 20211 Ms V Artpradid lappoinled 30 November 20211 Mr J Wlliams (appointed 30 November 20211 Mr J Tipplng lappolnled 30 Nov8mb8r 20211 Mr K M¢Daid (appointed 30 November 2021} Secretary MrG Mcore Ch*rlty number 1141 $68 Company number 07203554 Ro918torod offlc• 81rmlngh8m LGBT Centre 38140 Hollow8y Circus Birmingham BI 1EQ Indopendont •xamlnor Davld Hoose Mazars LLP Flrsl Fl¢)or Two Chamberfain Square Blrmlngham 83 3hX Bank•r• Unity Tru¥l Bonk PLC Nine Brindley Place Blrmingham B12HB 8oll¢ltor¥ Hlggs and Son8 3 Waterfront 8usine88 Park Brierley Hlll DY5 1LX
BIRMINGHAM LGBT CONTENTS Page TNStea8' report Indepondent examln8¢s report Stslemènl ol finandal 4¢tlI1$S 10 Balance sheet Slalemonl of ¢88h flow8 12 Notè8 10 the accounts 13
BIRMINGHAM LGBT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2022 The Iruslees pre8ent their report and accounts for the year ended 31 MarGh 2022. Th6 accounts have beèn prepared in accordance wlh Ihe acctsunling policies sel out in note 1 to the account5 and comply wlh the ehanlable company's Articles of Association, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable to Charities preparing their accounts in accordance with the Finan¢ial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. Obj•ctlves and aetivilie8 The charflable company's alms are lo raise the awareness of the needs of lesbian. gay, bisexual and transgender ILGBTI people in Birmingham and beyond. To advocate for their needs to the widef community and promote opportunities lo LGBT people in Birmingham and beyond lo enable them lo fully particlpate in Ihe1Sves of Ihelr community. Mlsslon Our vision is a vibrant, diverse, lesbian, gay, bisexual and transgender community In 81mlngham and beyond In which individuals can realise their full potential and can have equal access to 811 that the clty has lo offer. The oblecllves are.. 1. To act as 8 volce ol the LGBT third sector In Birmlngham. based on the knowledge and èvidence of real nead, cr8aling a positive and visibl8 LGB T community. 2. Create a highly skilled LGBT third sector Ihal h88 OPPOrtunilies for volunteèring and s8rvlce devdopmenl. 3. To raise awareness of the needs of the LGBT communlty In the clly and develop appropri8le 8eNices where need exists. 4. To challenge negatlve 818reolyp86 about LGBT people and combat homophobia. Iran8phobla and biphobia. The Iru81ees have paid due regard lo guldance Issued by the Charity Cornmis$ion in d8¢iding what aelivities th8 charitable company Should undertake. Achlgvgmonts and performance Birmingham LGBT has had a challenging year as the period covered by the accounls has seen the world facing the global coronavirus pandemic. Much of th8 period was spent in ¢0very reslabilislng our full services with Covid risk measures in place. Key activities in the period from 1 sl April 2021 10 31 st March 2022 We as follows.. 1. Returned lo face-lo-face seNices while continuing lo offer on-line option5 il clients preferred thi5. This included IDVA Ilndependent Domestic Violence advocalesl services. sexual health and wellbeing support, and counselling services 2. Offered a peer mentoring service and a telephone befriending service Ivolunleer led) for people experiencing isolation 3. Delivered a campaign targeting the LGBT community with safety messages around Covid-19 in partnership with Public Health Birmingham 4. Delivered the pventIon and promotion of better mental health project in partnership with Public Health Birmingham which included delivering 70 training sessions lo mainstream providers 5. Delivered Shoul Birmingham Fests'val of Queer Culture this was a ¢ombinalion of online and live events 6. Expanded our IDVA service with fvnding from the ministry ofjustice to cover the West Midlands and appointed iwo new fulllime IDVAS 7. Provided sUPPOrt and advoGaGy through the LGBT IDVA Service to LGBT victims of domestic violence 8. Appointed evaluators for the rainbow projeGt a group work programrne for Lesbian, bi and trans women who are victimslsurvivors of domestic abusg 9. Continued to wn Emerge the Irans youth group meeting faro lo face and online and provide one to one support to young people
BIRMINGHAM LGBT TRUSTEES. REPORT FOR THE YEAR ENDED 31 AIARCH 2022 10. The Ageing better Birmingham project came lo an end, and we delNered a range of legacy resources for the Ageing better Birmingham program and completed the social care project for Ageing better Birmingham 11. Developed and delivered the new trans inclusion programme which provides support and ¢ounselling to tran5 people and training to professionals 12. Increased our counselling hours and offered LGBT affirmative COLtnselling 13. Provided support lo LGBT refugee and Asylum seekers including access lo food pafcels, data and nelbooks and dongles aimed al gelling them online $0 they could access support 14. Been a partner on the National LGB and T Strategic Partnership, local and regNJnal domeslk abuse strategic partnerships and the creating a healthy ¢Sty slrateglc partnershlp Covld-19 The trustees have considered the impact of Covid-19 on the charity, its staff and volunteers. A full organisational risk assessment has been ¢arried out along with individual staff risk assessments this has been updated as lo¢kdown measures and other covid reslriclions have changed. Vve have pul measures in place to ensure that our building is ¢ovld safe and staff have returned lo the office via a hybrid rnodel. Flnanclal r•vl8w Birmlngham LGBT was formed on 25 March 2010. Thesé accounts cover the 1 Olh accounting period of 12 months lo 31 March 2022. The charity achi8V8d an unreslricled surplus of £76,245 in the period. Fundlng Income during the period was £886,086. Our main ftind providers that support the day-to-day work of the charity are UHB, Arts Council England and the National Lollery Community Fund. Other funders included the Henry Smith foundation, Comic Relief, Children in Need, The Gartield Weston Foundation, The Lealhersellers Company, The Heritag& Lollery Fund, The Safer Lives Circle Fund, Wesl Midlands Police & Crime Commissioner, BVSC Bimingham City Council Public Health Department, Birmingham Pride, the Birmingham 2022 Commonwealth Games Committe8 and Lega5 & General. Expendlture Expenditure in th8 year lotalled £827,546. This includes cost of our slaff, accommodatn at tho LGBT Centre, related office. and governance costs and project delivery costs. R•86Th•s Pollcy The charity believes that. to Provide security and stability lo the organisalion and ils staff, Sufflent funds need lo be held in reseNe for unexpected sltualions or lo wind up the organisalion if necessary. The trustees have decided that il should hold a minimum of three months and a maximum of six months running costs in reserves and aims to build this up as soon as practicable. The charity currently holds just under four months running costs in reserves. The charity currently holds an unrestricted reserve of £266,879 and a designated reserve of £90,000. Rlsk Managomenl The trustees have examinetj the major strategic, business and operational risk5 which th8 charity face5 and confirm that systems have been established lo enable regular reports lo be produced so that the necessary steps Can be laken to manage these risks. Futur• Stral•gy The trustees undertake an annual review of strategy to ensure the charity's programmes and activities remain focussed on the core mission, strategi¢ aim5, and objgGtives.
BIRMINGHAM LGBT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2022 Golng Con¢om The trustees have prepared the accounts on a going concem basis when preparing their report. They have considered the impact of Covid-19 on the organisalions finances and looked al the period since the end of the reporting period up until now in order lo assess the impact of Covid-19 when presenting the accounts as a going concern. They have Consided the impact of Covid-19 on the organlsallon's finances We have managed lo cover any projected losses, secure new contracts and increase our unrestricted reserves during this period. We are not aware of any circumstances lik8ly to affect this in the ft)reseeable future, Structure, Governance and Management Governance Birmingham LGBT is a company limited by guarantee with approved memorandum and articles on 25 March 2010. The organisalion was registered as a charity no 1141568 on 21 April 2011. The Board of Trustees meet on a quarterly basis to review the strategy and operations of the company. Board sub- commlllees have been created for Slfategy and Operations and meet regularly betMeen Board meetings. focusing on specific aspects of the charity. The chairs of these committee's report lo th& full Board. Day to day management of the charitable company is delegated to the Director Sleph Keeble and Senior Management Team (Sexual Health Services Manager and operations Manager wellbeing s8rvice$l. The trustees. who are also the directors for the purpose of company law, and who served during the year were". lan Hyde Ichairl Jules Bellingham Garelh Moore Simon Hale Neil Anderson Rita Tappia Jamie Tipplng Skye Mord8n Vipavinee ArtpradSd Kavan Mcoaid Joshua William5 Trustees are recruited with a view to diversity, sound experience in a related field or professional experience in a relevant area. Such candidates are inlaNiewed by the Chair and the Director and, If appropriate, invited to a trustees, meeting. Appointment is then conditional on the approval of the Iruslees generally. New trustees are then inducted and given appropriate training. Staff Rgmun•ratlon Birmingham LG8T use the NJC (national joint council) local government pay scales lo set salaries according lo job responsibility and skills. Standard of living rises are paid in line with the changes lo the NJC pay scales. Trusloes. Indemnlty Insurance Trustee indemnity insurance of £448 was paid {2020121 £4481 There is a limit of indemnity of £1,000,000.
BIRMINGHAM LGBT TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Respon$lbllltl•s of the Trust•e8 Company law requi$ the trustees lo prepare financial slatements for each financial y8ar which give a true and fair view of the slate of affairs of the ¢harity and of the profil or loss of the charity for that period. In preparing those financial Statements, the twslees are required lo Select suitable accountin9 policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent. CompW with applicable a¢¢ounting stsndards subject lo any material d8partur8s disclosed and explained in the finan¢i81 slatemenls. Prepare the financial statemenls on the going concern basis unless il is inappropriate to presume that the chanty will continue in business. The Iruslee$ are responsibl8 for maintaining proper accountsng records which disclose with reasonable accuracy at any time the linan¢ial posilion of the company and lo enable them lo ensure that the financial Statements comply with the Companies A¢1 2006. They are also responsible for safeguarding the as3els of the charity and hence for taklng reasonable stops for the prevenlion and detection of fraud and other irregularities. The trust e8, report was approved by the Board of Twslees. Mr l•n Hyd• IChJlr> Trustee Dated.. %l
BIRMINGHAM LGBT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BIRMINGHAM LGBT I report on the financial stalgments of 8imiingh8m LG8T for the year ended 31$1 Mar¢h 2022. which are set out on pages 10 to 26. R••pectiv• r•gponsibiliti•$ of tru$tso$ and examlnor Thè trustees (who are also the director6 of tho company for the purposes of ¢ompany lawl are re8pon81ble for the preparation of the fln8nc181 statement5 in accordance with the requlramenls of the Companles Act 20061'lh8 2006 Acl'l. Havlng 5allsfled myself that the finan¢io1 stslements of the charSty are not requirgd to be audited under Part 16 of the 2006 Act and are ellgible for independent examln81ion, I report in respect of my examinatlon ol the charity, finaneial slalemenls as carried out under section 145 of Ihe Ch8ritSe8 Act 2011 (the 2011 Act). In carrying out my exarninalion I have followed the Directions given by the Charlty Commisslon under section 145lbl of the 2011 Act. Thls report, Including my slalemenl, has been preparod for ond only for the ch8rfty's Iru$t¢e$ as a body. My work has been undertaken 80 that I mlght slate lo the chanly's trustees those matters l am roquired lo stal8 lo them in an independent examinar's report and for no other purp08e. To the fullest extent permltted by law. I do not accopl of assume re$pon51bilily lo anyone other than the charity and the ch8ri1y'8 tru81ee$ as a l)ody for my examinalon work. for this report, or for th8 slat•menls I have mad8. 88*11 of Ind•p•nd•nt •xamlner'• report My exarnlnalion was carrled out in accordance wllh the general Direcllons given by the Charity Comm18sion. An examination Includ85 a review of the accounting records k¢pl by the charity and a comparison of the financial $t8lwnenl$ presented wlh those records. 11 also includes consit1eralion of any unusual Items or disclosure8 In the financial 8talemenls, and $¢eking explanations from you as Irusl&8s concemlng any such matters. Th• procedures undertaken do not provide all the evidence that would be required in an 8udil, and consequently no opinion is given a5 to whether the financlal 31alemenls present a 'true and falr vlew, and tho report 18 limited lo those matters sol out in the slalem&nl bolow. Indop•nd•nt oxamlngr's ¥t•tsment Slnce the ¢harity's gro8è income exceeded £250,000, your examiner musl a mombgr of a body listed In secllon 145 of the 2011 Act. I confim that l am qualified lo undertake the gxaminalion by being a qualifi'ed member of the In81ilul8 of ICAEW whlch is one of the Il$led bodies. In connection wth my 9xaminats'on, which is complgte, no mattels have come to my attention which gNe me reasonable cause to believe that in any material respect.. accounting record$ were not kept in respect of Bimingham LGBT In accordance wlh secknon 386 of the 2006 Act., or the financial Statements do not accord with those records.. or the nanCIal $latemenls do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial slalemenls give a 'true and f8irf view which is not a matter considered as part of an independerbt examination". or
BIRMINGHAM LGBT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BIRMINGHAM LGBT the financial slalemenls have not been pr&pared in accordance with Ihg mothods and principals of the Statement of Recommendèd Practice for accounting and reporting by charities lapplicate lo charitie$ eparing their accounts in accordance with the Finanrial Reporting Standard appllcable in the UK and Rewbllc of Ireland IFRS 10211. I have no con¢ems and hav• ¢om• a¢ro8$ no other mallar8 In cennecllon th the examination lo whlch, In my opinlon, attention should be drawn In order lo enable a Pfoper understanding of the financial slalemenls to be reached. D¥vld Hoos• For and on bgh•ll of M•zars LLP Chart•r•d Accountants and Slatutory Audltor Flrst Floor Two Chamborlaln Square Blrmlngham B3 3AX Nov25, 2022
BIRMINGHAM LGBT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT ASAT31 MARCH 2022 Unrostrlcted Unrestrl¢ted funds funds 9on•r•l deslgnatod Restrlctod funds Totsl 2022 T+)tsl 2021 Not•s Nots7 Incorne from: Donations and legaci6S Charitable acllvitles Other income Invo$tm9nls Local authority 22,824 49,802 10.524 9,269 17.400 5.108 702.199 27,732 752,001 10,524 9,269 86,560 28,745 778.455 3,464 3,552 24,384 89.160 Total Incom• 109.619 776,467 888,088 836,600 ndltu Charitable acllvlll88 33,374 794.172 827,546 772.216 NET INCOME I IEXPENDITUREI 76.245 (17.7051 58,$40 66,384 TRANSFER BETWEEN FUNDS 150.1311 50,000 131 NET MOVEMENT IN FUNDS 26,114 50,000 {17,5741 58,540 86,384 Fund balances at 1 April 2021 240,785 40,000 237.789 518,554 452,170 Fund balaftc•8 at 31 March 2022 288,879 90,000 220,215 577,094 518,554 The 8talemenl of nancIal aclivile8 Includes all galns al1088e8 r8cognl8ed in the year. All income and expendlture derlve from conllnulng acllvitles. The slalemenl of financlal 8Ctivilie$ also ¢omplig$ wlth the requlr8menls lor an Income and expenditure account under the Companies Act 2006. 10
BIRMINGHAM LGBT BALANCE SHEET ASAT31 MARCH 2022 2022 R•8tat•d 2021 Not•8 Flxed ass•ts Tanglble 8s$ets 13 6,045 7,439 Current gssgts Debtors Current a$$el inve$lmenls C8sh al bank and in hand 15 16 73,150 200,900 325,645 50,425 200,050 268,954 599,695 519,429 Cr•dltor$: Jmounts falllng du• wtthln on• y••r 17 128,6461 18,3131 Nel current a88els 571.049 511.116 Totsl a*•et•1•41 ¢tsrr•nt Ilabllltl•• 577.094 518,555 Incom• funds Restricted funds Unreslricled funds- desSgnaled Unfeslricled funds- general 18 19 220,215 90,000 268,879 237,790 40,000 240.765 577,094 516.555 For the year ending 31 March 2022 the Company was entilL9d lo exemptlon from audit under se¢tlon 477 01 the Companles A¢t 2006 tating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accountsng records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable lo Companies subje¢l to the small companies, regime. The accounts were approved and aulhortsed for Issue by the Trustees on ... Mr lan Hyde (Chalrl Trustee Company Registration No. 07203554
BIRMINGHAM LGBT STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022 2022 RoStat•d 2021 Not•s Cash flows from oparating adivitios Cash generated from operallons 22 51,226 67,778 Invo$tlng actlvltl•$ Purchase of tangible fixed a$s&ls Investment income Increase in current asset inveslmenl8 12,9541 9,269 18501 13,183) 3,552 {77,768) Not c•sh ggn•ratsd from Inv•gtlng a¢tlvltl•$ 5,485 177,3991 Not Incr••¥e l (dKr•as•l In cash and C48h oqulvalont8 58,691 19,6211 Cash and cash equivalen18 at beginnlng of year 288,954 278,575 Cash and cash •qulval•nts at •nd of y•ar 325,645 268,954 12
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollclgs Charity Informatlon 81rmingham LGBT is 8 prlvale company limlled by guarantee incorporated in England and Wales. Th8 registered office Is Birmingham LGBT Centr¢, 38140 Holloway Circus, Birmingham, B1 1 EQ. 1.1 Accountlng conv•ntlo The 8ccounls h8ve been prepared in accordance with the charitable company's governing document, the Compani8$ A¢1 2006 an¢J 'A¢¢ounling and Reporting by Charili&s,' Slalemenl of Recc>mmended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and R¢publi¢ of Ireland {FRS 1021° The charitable company is a Public Benefit Enlily as defined by FRS 102, Thg accounls are prepared in slerfing, whlch 18 the funcllonal currency of the charitable eompany. Monetary amount5 in these financial statements ar8 rounded lo the nearest £. The ae¢ounl8 have been prepared under tho historical cost convention. 1.2 Golng ¢on¢•rn The Iruslees have prepared the aGcounls on a going concern basis. They have considered Ihe impact of Covid- 19 on the organisglion's finan¢es. Covid-19 resullgd in1081 rental and training income between Apnl 2020 and September 2020 and Saw a de¢roase in donallons however the charity managed to secure allernalive funding and has Fnanaged lo recover lost income and achleved an unreslrieted surplus for th8 accounting perlod. The Iruslo9s are not aware of any circumstances likely lo affect Ihls In the foreseeable future. 1.3 Charltablg funds Unre81ricled funds are avallable for use al the d18crellon of the Irugtee3 In furtherance of th&lr ¢harilable objectives, Reslricled funds represent fund8 speelflcally eamiarked for the ¢h8rity'$ proje¢l$ a8 8p¢dfied by the donor I the funding agreement. 1,4 Incomo In¢ome18 r¢cognised when the charitable company is legally enlilled to il after 8ny perfomi8nce condition8 have been mel, th8 amounts ¢an be m¢a$ur¢d rèliably, and it is probable that Income wlll be recelved. Cash donations are feco9nised on receipt. Other don8bon$ 8r• recognised once the charitable company has been notified of the donabon unless perfomiance conditions require deferral of the amount. Income lax recoverable in relation lo donations recwved under Gift Aid or deeds of covenant is recognised al the tiffle ol the donation, Other income is measured al the fair value of the conslderallon recelved or recelvable and represents amounts receivable for goods and services provided in the nomal course of business, nel of discounts, VAT and olher sales ielated taxes. 13
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollclgs Expenditurg Expenditure is recognised on an accruals basis. Costs of activities in fvrtherance of the chanty's objects comprise these costs incurred by the charity as a r8suIt of delivery of service. Governance costs comprf88 those costs Incuired by the charity In meetlng its conslilulional and slatulory requirements. 1,5 Tanglbl• Ilx•d aBSOt¥ Tangible fixed assets are measurad at cost. net of depeallOn and any lmpalrmènt108888. Depreciation is recognised 80 as to write off the cost of 88sel8 less their residual value8 over their useful live5 on the following bases.. Leasehold Improvement Fixtufes, fittings & equipment Computers Over the Ilfe of Ihe18a89 - 7 years 20% slraighl line 33.3% slraighl line The gain or1086 ari8ing on the disp08al of an asset Is determlnèd a8 th8 difference befvleen the Sale proceeds and the carying value of the asset, and 18 recognised in nel income I lexpendlturel lor the year. 1,6 Impalrni•nt of flxod •••ets Al each feports'ng end dale, the charitable company revlews the carrylng amounts of ils tsngiblo assds lo determine whether there is any indication that those assets have suffered an irnpairrnenl loss. If any such Indication exists, the fecoverable amount of the asset is eslimaled in ordef to delemiine the exionl of th• Imp8lrmenl loss {If any), 1.7 Cash and cash •qulvalent• Cash and cash equivalents include cash in hand. deposlts held al call with banks, other short-lerm liquid investments with Original maturities of three month8 or less, and bank overdraft8. Bank overdraft8 are Shown within borrowingg in current liabllilieg. 1.8 Fln•n¢lal In$trumont• The charitable company has elected lo apply Ihe provisH)ns of Section 11 'BaBic Financial In$lrumenl$' and Section 12 '01her Financial In51rumenl$ Issues, of FRS 102 to all of ils financial in¥lrumenls. Flnancial Instruments are recognised in th• charitable compan5 balance sheet when th• charilablo company becomes party lo the contractU81 provision8 of the in8trument. Financial a88el8 and liabllilies are offset. with the net amounts presented in the ffinancial 81alemenls, when there is a legally enforceable rfghl to sel off the recognlsed amounts and there Is an Intenllon lo setue on a nel ba515 or to realise the asset and settle the liability simultaneously. Basic fln•ncial •s56ts Basic financial assets, which Include debtors and cash and bank balances, are initlally measured al transaclion price including transaction costs and are subsequently carfed al amortised cost using the effecbv8 intgresl method unless the arrangement conslilutes a financing transaclion, where the transaction is measured al the present value of the future receipts discounted at a market rale of interest. Financial assets classifi8d as receivable within one year are not amortised. 14
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollclos 8a51¢ financlal Ilabillllos Basic financial liabilitiès. including creditors 8nd bank loans are Initially recognised al transaction prtce unless the arrangement conslilule5 a financing transactlon. wh9re the d¢bt instrument is measured al the present value of the lulure payments discounted al a market rale of interest. Financial liabililios classifiod a5 paya0 wlhin one year are not 8mort18ed. Debt instruments are subsequently carrled al amortised cost. Using the effective interest rate method. Trade creditors are obllgatlons lo pay for goods or servlces that have been acqulred In the ordlnary course ol opefalions from supplier6. Amoun15 payable arg classified as current liabilities if payment is due within one year or less. If not, they aro pre$ent¢d a$ non-¢urrenl liabilities, Trade creditors are recognised initially al transaction price and subsequgnlly measured al amortised cost using the effaclive interest method. Derecognltlon of flnancl•l Il•bllltlo8 Financial liabilits'es are derecognls8d when the ¢harttabl• ¢omp8ny'$ contractual obligatlon8 explre or are d18charged or caneell&d. 1.9 Employ•• b•n•flt8 The c081 of any unu88d hollday enlillemenl Is recognl$8d in the period In which th• wnploye8'9 sarvices are racelved. Terminallon benefits artr rèeognlsed immediately a$ an 0xn$0 when the charitable company is demonstrably committed lo teminale the ¢mpl¢ym¢nt of an employee or lo provide lerminalion b8neffil8. 1.10 R•tlr•m•nt b•n•flt$ Payment$ lo defined contribution retlrement beneflt scheme8 are chargeé a8 an expen88 as they fall due. 1.11 L•au• Rentals payable under operating 188seg, including any 1g¥se Incentlve5 recelved. are charged lo InGome on straight line ba616 over tha term of the relevant lease. 1.12 Judgmgnts In applylng accountlng pollcles and key 8ourc•8 of estlmatlon un¢ortalnty There are no eslimales or judgements made which have a material Impact on the carrying amounts of assets and liabilitie5 within the accounts other than as slated in 1.13 below. 1.13 Depreclatlon and resldual valuèg The Tru81ee5 have rfjviewed the asset lives and assoclated resSdual values of all langlble assets, and In p8rticular, tho us8lul economic life and residual valuos ol leasehold improvements, fixtures, fittings & equlpment, and omputers, and have concluded that asset lives and residual values are aDDroDriale. Donatlons and l•g•¢l•8 2022 2021 Donations and gifts 27.732 28,745
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 CharStable activities Umlx¢ll# Sèxual Health Arts Counell England Ageing Trans In¢lusion rthPr project Total 2022 Income Charitable Actwilies 294.081 91.500 119,752 246,668 752,001 Analyss by fund Unrestricted fvnds- general Restricted funds 49.802 196,866 49,802 702,199 294.081 91,500 119,752 294.081 91.500 119.752 246,688 752.001 Fw the y•ar endod 31 March 2021 Analysis by fund Unrestricted funds- genernl Resthcted fvnds 47,681 205,302 47,681 730,774 319.774 93.184 112,514 319,774 93.184 112,514 252.983 778,455 Analysls of other Income shown above 18 dlsc105ed withln Note 6. 16
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 other InGom9 Unr•8trict•d funds general Rgstrlcted fund Total 2022 Total 2021 Training income 10,524 10,524 3,464 10,524 10,524 3.464 For th• y•ar •nd•d 31 March 2021 3,464 3.464 Inv••tm6nt• 2022 2021 Rental Income Interest recelvable 8,400 869 2,597 955 9,269 3,552 othor Incom• from charltable •ctlvltlo• 2022 2021 R••trlctod'. Henry Smith Ag8ing Beller NPO Non Art8 Councll Comic Rellef SHOUT The Leather Sellers Company Chlldren Sn Need Ageing bèller soclal care The Heritage Lollery Nightingale 50 project LGBT Consortium- Futures Inlersecllon Covid Recovery- Comic rellef Covid Recovery- Migrant Exehange LGBT C¢n$ortium- Emergen¢ies Trust Wgslyan Foundation Birmingham Pride - Emerge Birmingham Pride - Volunteering Group Circlg Fund Wesl Midlands IDVA prect Commonwealth - Bimiingham Smallest Gay Bars Older Persons Project- Eveson Trust Birmingham City Council- Mental Healtt) First Aid Unrestrl¢ted: Ticket sales Chrlslmas Fund The Leather Sellers Company 8im)ingham LGBT Older Persons Project 19,050 39.358 4,522 18,705 1,182 38,100 39,358 8,375 118,7051 1581 12,411 44,678 19,700 1,584 35,998 10,000 8,864 5,000 19,781 22.338 923 1,000 2,500 35,595 8,932 5,000 20,000 2,602 1,000 15,000 30,000 1,000 1,724 15,058 30,898 246,668 252,983 17
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Stat•m•nt of financlal actl¥ltl•¥ for th• y•ar •nd•d 31 March 2021 Unrestrlctod Unr•8trlct•d funds funds general designatad R•$trict8d funds T¢)tsl 2021 In¢¢mo from: Donations and legacies Charitable activities Other trading actlvilies Investments Local Authority 28,745 47,681 3,464 3,552 24,384 28,745 778,455 3,484 3,552 24,384 730,774 Total Income 107,828 730,774 838,800 Ex endlture Charitabl• a¢livities 80,116 692,100 772,216 Net Incomlng resource• b•foro tran•f•r• 27,710 38,674 66,384 Gro88 transfers b8tsveen funds Nel Incom• for th• y•arl N•t mov•m•nt In lunds 27,710 38,674 66,384 Fund balance8 al 1 Aprll 2020 213.055 40,000 199,115 452,170 Fund balan$ at 31 March 2021 240,765 40.000 237,789 518,554 18
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2022 Charltablo actlvltl•s G¢neratlng Funds Ch•rit&ble Actlvltles Support Costs Totsl 2022 Total 2021 Staff costs Oeprecialion and Impaimenl Office costs Travel and tralnlng Prlnling Publlclty Recrultmenl and Consultancy Rent, rale6 and aceommodallon Project co818 Lggal & prol8sslonal Bank charge$ 15.957 472,954 4,348 39,480 528,391 4,348 532,660 4,984 49,540 15,496 1,182 25,642 47,264 49,540 15,4 1,162 25,642 47,264 37,276 4,128 1,070 10.378 40.467 58,851 58,851 58,434 80,422 10,597 315 80,422 10,597 315 37,780 41,550 458 15,957 768.591 39,480 822,028 769,184 Govemance eo8t8 (888 note 91 5,518 5,518 3,052 15.957 766.591 44,998 827,546 772,218 Gov•rnanc• co•t• Total 2022 Total 2021 Account8 Trustees, expenses AGM & meeting$ 4,228 2,752 1,290 300 5,518 3,052 Governance costs includes £2,586 paid for the independent 8xaminalion (2021- £2,508}. 19
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 10. Trusts81 None of the trustees lor any persons connected wSlh them) recelved any remuneratlon or benefi18 from th8 charitsble company during the year. Trustae Indemnity insurance of £l,000,00012021.' £1,000,000) was arranged as part ol the overall insurance package and included in the total premium of £44812021.. £4481. 11. Employoe Number of employe•¥ Tho avèrag• monthly number of employ008 durfng the year was.. 2022 Numb•r 2021 Numb6r Charitabl• staff 25 22 The average monthly numb&r of gmployees during the year expre88ed a$ full lim• •quival•nts w•8'. Ch8rllabl8 $laff 23 22 2022 2021 Employmont co•ts W8g&8 and $81aries Soclal security costs Other p8nsSon c08ts 458,503 38,657 20,831 462,932 34,875 21,803 517,991 519,410 There were no eM0yeeS whose annual ramuneratlon was £60,000 or more12021'. no employees). There were no temlnallon payments In the year {2021.. £nlll. 12. Tru$teg¥' and kgy managgmont pgrsoDnel r•mungratlon •nd expon¥g• The Iruslee8 nellher recdved nor walved any remuneration durfng the year (2021.. £nill. The lolal amount of employee benefits received by key management personnel is £137,251 12021 £135.5411. The Trust considers rts key management personnel comprise the Managing D1clOr. the Sexual Health Servlce8 Manager and the Operallon8 Manager,. Wellbelng SeNlce8. No trustees had expenses reimbursed during the year12021.. No Iru8lee8 had expenses relmbursed for the yearl. 20
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 13. Tanglblo fix•d a880ts Flxturo•, fittings & •qulpm•nt Comput•r¥ L•a8•hold Improvom•nt Totsl Cost Al 1 Apnl 2021 Addrtions 2B8,305 21,336 1,712 16,101 1,242 325,742 2,954 At 31 March 2022 268,305 23,048 17,343 328.696 D•pr•¢iatlon At 1 April 2021 D&pr¢dalion ¢harg¢d In the year 288,305 18,730 2,880 11,268 1,468 318.303 4,348 Al 31 Mar¢h 2022 288,305 21,610 12,736 322.851 Carrylng amount Al 31 March 2022 1,438 4,607 6,045 Al 31 March 2021 2,606 4,833 7,439 14, Flnan¢lal In8trum•nts 2022 2021 Carrylng amount of fSnanclal a•s¢tJ Debt instruments measured at amortised c081 51,698 32,742 Carrylng amount of financlal Ilabllltlo8 Measured al amortised c08t 26,080 5,805 15. O•btors 2022 2021 Amounts falllng du• wlthln onè yoar: Trade debtors Other debtors Prepayments 43,3SS 8,343 21,452 24,400 8,343 17,683 73,150 50,426 21
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 16, Current a$sot Inv8stmonts 2022 2021 Cash equivalents on depos 200,900 200,050 200,900 200,050 17. Cr•dltorn: •mounts 14lllng du• wlthin on• year 2022 2021 Trade credllor8 Other credilorB Accrua18 25,315 745 2,586 5.251 554 2,508 28,648 8.313 22
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 18. R•stri¢ted funds The income fund8 of the charity include restricted funds comprfslng the follMng unexpended balances ol donatlons and grants held on trust for speclfic purp08eg'. Balance at 1 Aprll 2021 Bal•nc• at 31 March 2022 In¢omlng R•$our¢ès roiour¢e• Exp•ndgd Tr•nsf•rn Agelng Better Agelng wllh prfde Arts Councll gr8nl$ for thè Art8 Awards for all Com1¢ Rellef Gowling Asylum Servlce Gowling VVLG Henry Smrth NPO ArtB Councll NPO Non Arts CouncAI Sport England Umbrella sexual heatth Cornmunlty Fund Tran8 Incluslon prolect Children In Need Ageing Better Social Care Tender The Heritage Lotlery Nlghtlngale 50 Prole¢t LGBT Consortium Covid recovery- Comlc rellef Covid recov8ry- Migrant •xch8ng0 LGBT Consortium- Emergencies tru81 Wesleyan loundatlon Circle Fund Wo$1 Mldl8nd8 IDVA Project Bim)Ingham Prid•- Emerg8 Bimingham Prlde- Voluntèering group BCC - Pravenl)n & promollon fund Commonweallh- Lil Fesbval SHOUT- Perform Europe SHOUT - Commorw4eallh- Birrningham 8rn8lle81 g8y bars Older Persons Prolect- Eveson Trust Birrningham Crty Council - Mental Heatth Flr6t Ald 29.9r 10,989 11,1621 5,407 309 386 1,200 30,302 14,758 8,550 39,358 69.264 10.989 1,162 3.591 2,613 1,816 16,401 386 1,200 24,926 3,911 6,640 18,705 19.050 91,500 9.522 24,428 102,347 9,432 131 288,420 114,601 23,280 33,715 1,903 1,451 11311 48,671 46,847 3,329 11,377 8,181 1,584 1.221 8.829 8,305 5.000 294,081 119,752 19,781 22.338 54,332 51,998 11401. 6,278 133 1,784 8,143 5,000 935 43,704 4,845 162 2,500 35,595 1,031 1,(QO 64,085 5,075 1,565 18,1091. 1,031 1,000 30,284 5.075 16.185). 8,932 33,821 8.185 6.932 s.000 20,)0 5.000 9.893 10.107 237,789 776.467 794.172 220,215 ' There are negative balances on these fvnd$ as tho amounts are oxpgcled after yoar end as they have not bggn eived yet. Agelng Beltsr Fund Tho Ageing better lund is a contract with BVSC {8irmingham Voluntsry Sector Council) as part of Ageing better Birmingham lo deliver the LGBT hub which aims to sel up networks of social activity lo challenge i80181ion as people age Ageing With Pride Fund The Ageing with Pride fund is a contract with 8VSC18imiingham Voluntary Sector Council) to deliver a city ¥Mtle campaign that highlights the issues LGBT people face as they age Arts Councll grants for the Arts Fund The Arts council grant is a grant from Arts Council England to dellver the annual Shoul arts and cultural fesllv81 Awards For All Fund 23
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 The Awards for all fund was a grant from the big lottery lo deliver a range of events, N%rJrkshops and aclivits'es to the LGBT community Comic Rèli•f The grant from comic rellef vlolence 8gainsl women and girfs funding Is to develop and deliver a group work programme for Lesbian bi and trans women who have or are experiencing domestic vi016nc8labuse Gowling Asylum SeThicè Thls is a Small grant to cover the eosl of running a monthly athice &urgery for Asylum 8e8ker8 run by UK le8bi8n and gay Immlgr811on group Gowling WLG Fund This is a donation lo cover a¢¢réditstion of the volunteer training progr8mm¢ Henry Smith Fund The Henry $milh furKI 1$ a grant from tho Henry Smith Foundollon to dellver the LGBT d¢)me$li¢ violen¢& prol8¢1 NPO Arts Coun¢ll ShoLrt is now * national portfolio organi8ation for the Arts council the fundlngls loward$ salary cost8 antj delivery of Shoul Bimiingham'¥ festival of quoar ¢ullur• NPO Non Arts Councll This is for sponsorship or other small restrfclgd grant8 towards the 8houl fe81ival Sport England Fund The Sports England fund is a grant from Sports England lo deliver a range ol free 8POrts aclivilie8 to Incr8a8e LGBT people's participation in sports and phy8ical activlty Umbrèlla Sexual H•alth Fund The Umbrella sexual health fund 18 8 contract wllh Univer8ity Hospital Tru81 Blrmln9ham lo dellver Sexual health seNlces lo the LGBT communlty in Blmlngh8m and Solihull The Natlonal Lottory Comrnunlty Fund Tran8 Incluslon proJ•ct This project includes a wellbelng support worker, counselllng and a Slraleglc development worker whose role is to d81iver tralnlng and pollcy 8UPPOrt the project 8ims to ensure service8 rneel the need8 of and are Incluslve of trans people Chlldr•n In N••d The grant covers the $818ry ol a youth worker and iwo 8eg$ional workers for the Emerge youth group Agelng Bettfrr Socl•l Cèrè Ttnd•r This project 58 to design 8nd deliver training t¢ Ival authority ¢ommi$8ioner$ care homo$ and 8¢xl81 care provlders Th8 Herltago Lottfrry Nlghtlngale So Prolfrct A hèritage project that aims to ar¢hiv¢ the histw ol the Nightingale ¢lub in Birmingham over the la$150 years and produce a film about Ihl$ history LGBT Consortlum Thi5 fund was for an inlersectlonal crealivo projo¢l the Lesbian and Ix'sexual women's worker and the South Asian MSM worker. Covld recovery- Comlc r•ll•l This was a grant for 6 months lo support with recovery durfng the pand•mic11 Included fundlng for core running costs and fundlng lo increase the counselling service. Covld recovery natlonal lottery community tru8t Th18 was a grant for 6 months to 8UPPOrt wlth recovery durfng the pandemlc11 Included fundlng for core running costs. Covld r•cov•ry- Migrant oxchang This was a grant lo support people $eeklng asylum durtng the pandeml¢11 Ilded fundlng for welfare p8ckag88 of food ,data and netbooks and translation eosls. LGBT Con$ortlum- gmgrg8n¢los trust This was a grant for 6 months lo support with recovery during the pandemic il irKluded fLsnding for 8dditson81 counselling hours W•8lyan foundatlon This was a donation toward8 the counselllng servlce at Bimilngham LGBT to support people experiencing poor mentsl health Circle Fund Funds via Safer Lives prov5ded by the N81wesl Circle fund lo provlde grants for crlsis inteNention. establishing safety and recovery & reslllence for victlm8 of domesllc violence. West Midlands IDVA Project Funds granted by the Wesl Midlands Police and Crime Commissioner lo deliver a culturally competent support and advocacy service to LGBT victims of hale crime in the Wesl Mldlands. 24
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2022 Birmingham Prld•- Emerg0 Funds granted by the Bimlngham Pride Community Fund lo be pul towards activities for the Emerge Youth Group. Birmingham Prlde- Volunteerlng group Funds granted by the Blmlngham Prlde Communlty Fund lo support the aclivitles of the Birmingham LGBT Volunteers. 8CC- Preventlon & Promotion fund Funds granted by Birmingham City Councll Public Health Department lo provide counselling lo the LGBT community and lo délivèr LG8T Mental Health Flrst Aid training lo Ment81 Health SeNice8 Providers. Commonwealth- Llt F•stlval Funds granted by the Birmingham Commonwe8llh Committee. SHOUT- P•rform Europg Funds granted by OYOUN lo deliver a project as part of SHOUT'J year-round activltles. includlng workshops. exhibitions. di$¢u95i9n$ ond film s¢reoning$. Commonwealth- BlrmSngham Smallost Gay Bars Funds granted by th? Birmingham Commonwealth Committee lo deliver •n art ingtsllati¢)n al th6 LG8T Centre 88 a part of the 2022 Commonwealth Games. Old•r Porsons Projg¢t- Evegon Trust Funds granted by the Evoson Trust towards $818ry ¢05t8 for th• Older Porsons Pfolect. Blrmlngham Clty Councll- Montal Heolth Flrst Ald Funds granted by Birmingham City Council Public Health Department for staff & volunteers And community •divi$l$ to receive Mental Health First Aid training. 19. D•*lgnat•d fund• 2022 1021 Balance al 31 March 2022 & 2021 90,000 40,QOO The Board havé designated an addillonal £50.000 In the year ended 31 March 2022 to cover del8P8e and refiJrb18hment of new offices. 20, Analy¥ls of n•t •$$•ts b•tw•on funds Unr•strlct•d R•8trlct•d funds funds Total Fund balances al 31 March 2022 are represented by., Tanglble assets Current a5sets1lliallI1le3I 1,300 35S,579 4,745 215,470 8,045 571,049 356,879 220,215 577,094 25
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Anatysis of n•t ass•ts betw•on funds prior y•ar Unrestrlcted Restrlcted lund8 fund8 Totsl Fund balances al 31 Mar¢h 2021 ar¢ repr•$1$ by.. Tangible assets Current assels]Iliabililie$l 410 280,355 7.029 230,761 7.439 511.118 280,765 237.790 518,555 21. P•nslon Commltm•nt$ The charlty operates a deflned conlrfbulion nsIOn schome. The assets of the scheme are h8ld separa181y from those of the eharily in an independently 8dminislered fund. The pènsion c08t repr&8enl8 conlributs'ons p8y8ble ty the ¢h8rfty lo the fund and amounted to £20.831 12021.. £21.6031. 22. R•latod party transactlon¥ There were no related paty Iran8action8 durlng the yèar, or the prlor year. 23. Cash 9on•rat•d fram op•r•tlon8 2022 2021 Surplu$ I ILos$l for tho year 58,540 86.384 Adjustmen15 for.. Investment income reGognisgd in statement of financial ¥divilig5 Depreciatlon of tangible fixed assets 19,2701 4,348 13.549) 4.984 Movement8 in working capital.. Ilncrease) l Decr8a8e In debtor5 (Decreasel I Increase In creditors In¢aSe I Id¢¢r¢a$el In deferred income 122,7251 20,333 7.467 17.508) Cash generated from oyratlons 51,226 67.778 24. Prlor p•rl¢xl adlu$tm•nt During the year the Trustees Identified that the prlor year flnanclal statements had, In error, classlfied a £200,500 dèpo$il a¢counl ba18nce 88 'C88h and c89h equlvalenls, as opposed to 'CLsrr8nl asset inveslmenls.. This has been corrected by way of a prior period adjuslmenl. This prior period adjustsnenl has no Impact on the r95uIt for gilhgr period or Ihg Gharity's nat assets at either period end. 26