Charlty Reglstration No. 1141568 IEngland and Wale$l Company Registration No. 07203554 IEngland and Wale$l BIRMINGHAM LGBT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
BIRMINGHAM LGBT LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms J Bellingham Iresigned 9 January 20241 Mr G Moore Mi S Hale Mr18n Hyde Dr S Ball (Chairl lappoinled 11 April 20241 Mrs R Tappia Ms S Morden (resigned 8 August 20241 Ms V Artpradid (resigned 9 January 20241 Mr J Williams (resigned 9 January 20241 Mr J Tipping Mr K McDaid Mr M Lovell Mr D Parker Coffin lappoinled 9 January 20241 Mr5 H Reiani lappoinled 6 June 20241 Secretary Mr G Moore Charsty number 1141568 Company numb¥r 07203554 Registèrèd office Birmingham LGBT Centre 38140 Holloway Circus 8imiingha B1 1EQ Independent axaminer David Hoosé Forvis Mazars LLP First Floor Two Chamberlain Square Birminghar B3 3AX Bankers Ullity Trust Bank PLC Nine Brindley Place Bimingham B12HB Solicitors Higgs and Sons 3 Walerfronl Business Park DY5 1LX
BIRMINGHAM LGBT CONTENTS Paye Tru51ees' report Independent examinerfs report Statement ol financial activities 10 Balance sheet Statement of cash flows 12 Notes to thè 8e¢ounts
BIRMINGHAM LGBT TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their rèport and aeeounts for the year ended 31 March 2024. The accounts have been prepared in 8ccordanoe with the accounting policies set out in note 110 the accounts and comply with the charitable company's Articles of Association, the Cornpanie5 Act 2006 3nd"Accounting and Reporting by Chaiilies.. Statément of Recommended PracliTr applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.. Objective$ and actlvlties The charitable cornpany's aims are to raise the awareness ol the needs of lesbian. oay. bisexu81 and transgender ILGBTI people in Birmingham and beyond. To advocate for their needs to the wider community and prornote opportullities to LGBT people in Birmingham and beyond to ènablè th&m to fully participate in the live5 of their cornmunity. Mlsslon Our vision is a vibrant, diverse, lesbian, gay, bisexual and Iransgendei community in Birmingharn and beyond in which individuals can realise their full potential and can have equal access to all that the city has to offer. The objectives are.. 1. To act as a voice of the LGBT third sector in Biimingham, based on the knowledge and evidence of real need, creating a positive and visible LG8T community. 2. Create a highly skilled LGBT third sector that has opportunities for volunteering and sèrvice development. 3. To raise awareness of the needs of the LGBT community in the city and develop appropriate seNices where need exists. 4. To challenge negative stereotypes about LGBT people and combat homophobia, transphobia and biphtsbia. The Iru51ee5 havè paid due regard to guidance issued by the Charity Commission in deciding what activities the charitable company should undertake. Achievements and performance Key activities in the period from 1st April 2023 10 31st March 2024 were as follows.. Delivered a range of face-lo-face services while continuing lo offer online options if clients prèferred this. Services included IDVA Ilndependenl Domestic Violen¢e advocalesl services, sexual health and wellb&ing support. and counselling services 2. Delivered the rainbow groupwork program an educational groupwork programme for Lesbian Bi and Trans women who are or have experienced Domestic abuse 3. Developed a substance support service offer in partnership with Change, Grow, Live 4. Delivered a Iransformalion program lor SHOUT queer arts programme leading lo a new vision with plans for a year-round delivery model 5. Delivered a programme of support lo LGBTQ+ older adults including wellbeing support funded by the Masons and activities and events funded by Birmingham City CoLJncil prevention and communrties 6. Provided support and advocaw through the LGBT IDVA service lo LGBT victims of domestic violence across the Wesl Midlands 7. Delivered a number of peer support groups including a women's group a men's group and a 50ulh Asian support group 8. Continued lo run Emerge the Irans youth group meeting face lo face and online and provided one lo one support to young people 9. Delivered the NNS INelwork Neighbourhi)od Schemes) LGB T proje¢l in partnership with Birmingham City Council and Heart of England Foundation Trust 10. Developed and delivered the tians inclLJsion programrne which provides support and counselling lo Irans people and training and consultancy lo professionals 11. Continued to offer LGBT affirmative Counselling and delivered 4 seK-care group work programmes funded by Fairer Futures small grants 12. Been a partner on the National LGB and T Strategic Partnership, local and regional domestic abuse strategic partnerships. the rainbow partnership18CCI and creating a healthy city strategic partnership
BIRMINGHAM LGBT TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 13. Hosted a party for service users on Christmas day so peoplo did not have lo spend Christmas Day alone 14. Deliverèd a range of training including delivering Domestic abuse training and LGBTQ+ awareness Irainillg Flnancial review Birmingham LGBT was formed on 25 March 2010. These accounts cover the 141b accounling period of 12 months lo 31 March 2024. Fundlng Income during the period was £931.034. Our main funders that support the day-loday work of the charity are.. University Hospital Birmingham, Arts Council England and the National Lottery Cornmunily Fynd. Other funders Included the Henry Smith foundation, The Masoni¢ Charitable Trust, The Circle Fund, We51 Midlands Police & Crime Commissioner, Heart of England Foundation Trust, Birmingham City Council, Birmingham Pride Community Foundation and Change Grow Live. Expenditure Expenditure in the year lolalled £934,982. This includès cost of our staff. accommodation at the LGBT Centre. related office and governance costs and project delivery costs. Reserves Pollcy The charity believes that, lo provide security and stability lo the organisalion and ils staff, sufficient funds need lo be held in reserve for unexpected situations or to wind up the organisalion if necessary. The Iruslees have decided that it should hold a minimum of three months and a maximum of six months running costs in reseNes and aims lo build this LJP as soon as practicable. The charity currently holds just under four months running costs In reserve5. The charity Currently holds an unreslricled reserve of £280,013 and a designated reserve of £90,000. Risk Management The Iruslees have examined the major slralegic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports lo be produced so that the necessary slep5 can be taken lo manage these risks, Future Strategy The trustees undertake an annual review of strategy to ensure the charity'5 programmes and activities remain focussed on the core mission, strategic aims, and obje¢lives. Going Concern The trustees have prepared the accounts on a going concern basis when preparing their report. They have previously considered the impact of Covid-19 on the organisalions finances and have looked al the period since the end of the reporting period up until now when presenting the accounts as a going concern. We have managed to cover any projected losses from that period and secure new contracts. We are not aware of any circumstances likely to affect this in the foreseeable 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.
BIRMINGHAM LGBT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Board of Trustees meet on a quarterly basis lo review the strategy and operations of the company. Day to day management of the charitable company is delegated lo the Director Sleph Keeble and Senior Management Team (Sexual Health Services Manager and operations Manager wellbeing servicesl. The Iruslees, who are also the directors for the purpose of company law, and who served during the year were.. lan Hyde Jules Bellingham (resigned 9 January 20241 Garelh Moore Simon Hale Rita Tappia Jamie Tipping Skye Morden (resigned 8 August 20241 Vipavinee Artpradid (resigned 9 January 20241 Kavan M¢Daid Joshua Williams (resigned 9 January 20241 Malhew Lovell Dr Steve Ball (Chairl lappoinled 11 April 20241 David Coffin lappoinled 9 January 20241 Helal Rejani lappointed 6 June 20241 Trustees are recfuiled with a view to diversity, sound experience in a related field or professional experience in a relevant area. Such candidates are interviewed by the Chair and the Director and. if appropriate. invited lo a Iruste9S' meeting. Appointment is then conditional on the approv81 of the Iruslees generally. New Iruslees are then inducted and given appropriate training. Staff Remungration Birmingham LGBT made a 3 /0 standard of living rise lo all staff during the year. Trustee$. Indemnity Insurance Trustee indemnity insurance of £470 was paid12022123.. £4481 There is a limit of indemnty of £1,000,000.
BIRMINGHAM LGBT TRUSTEES. REPORT FOR THE YEAR ENDED 31 IWARCH 2024 Responsiblllties of the Trustees Company law requires the IrLJslees lo prepare financial statemen15 for each financial year which give a true and fair view of the stale of affairs ol the charity and of the profil or loss of the charity for that period. In preparing those financial slalemenls, the Iruslees are required lo Select suitable accounting policies and then apply them consislenlly. Make judgements and estimates that are reasonable and prudent. Comply with applicable accounting standards Subject lo any material departures disclosed and exp5ained in the finan¢i81 slalemenls. Prepare the financial statements on the going concern basis unless il is inappropriate lo presume that the Charity will continue in business. The Iruslees are responsible for maintaining proper accounting records which disclose with reasonable accuracy al any lime the financial position of the company and to enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding thè assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Iruslees, report was approved by the Board of Truslegs. Dr Stève Ball Ichairl Trustee Dated 16- (i- ZoZ(P
BIRMINGHAM LGBT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BIRMINGHAM LGBT I report on the financial slalements of Birmingharn LGBT for the year ended 31. March 2024, whi¢h are set out on pages 10 10 27. R&spective responsibilitie$ of trustoes and examiner The Iru5tees (who are also the directors of the company for thè purposes of company lawl are iesponsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 20061'lhe 2006 A¢l'l. Having sa115fied myself that the financial slalements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible foi independont èxamination, I report ill respect of rny examination of the charity's financial statements as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In Carrying out my èxamination I have followed the Directions given by the Gharity Cornmis5ion under section 145lbl ol the 2011 Act. This report. including my statement, has been prepared lor and only lor the charity's trustees a5 8 body. My work has been undertaken so that I might state to the charity's Ilusteès those matters l am required to stale lo thèm in an independent examinerfs report and for no othèr purpose. To the fullest extent peirnitted by law. I do not accept or assume iesponsibility to anyone other than the charity and thé charity's trustees as a body for My examination work, for this report, or for the slalements I hav6 made. Ba$is of Independent examinerfs report My examinalioll was carried out in accordance with the genèral Directions given by the Charity Commission. An examination includes a ièvièw of thè accounting records kept by the charity and a comparison ol the financial st8letnonts presented with those records.11 also includes consideration of any unusual il&ms or disclosures in the financial stalernenls. and seeking explanations from you as Ifustees concerning any such matters. The procedures ndertaken do not provide all the evidènee that would be required in an audit, and eonsequently no opinion 15 given as to whether the financial statements present 8 'lrue and fair view, and the report is limited lo those matters set out in the statement below. Independent examlner's statement Since the charity's gross incotne exceeded £250,000, your exarniner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination by being a qualified member of the Institute of ICAEW which is one of the listèd bodies. In connèction with my examination, which is ¢omplete, no matlers have come lo my attention which give me reasonable cause lo bèlieve that in any material respect.. accounting records were not kept in respect of Birmingham LGBT in accordance with section 386 of the 2006 Act., or the financial slalernen15 do not ao¢ord with those records., or the financial slalernenls do not comply with the accounting requirements of section 396 of the 2006 Act olhtrr than any requirement that the firiancial statèments give a'true and fairf view whi¢h is not a matter considered as part of an indèpendent examination., or
BIRMINGHAM LGBT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BIRMINGHAM LGBT the financial statements have not been prepared in accordance with the methods and principals ol the Statement ol Recommencled Practice lor accounting and reporting by charities lapplioable lo chaiities preparing Iheii accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other rllatters in connedion with the examination to which, in my opinion, attèntion should be drawn in order to enable a proper understanding of the financial 51alemenls lo be reached. David Hoose jDec 18, 2024 18.'49 GMT) David Hoose For and on bèhalf of Forvls Mazars LLP hartered A¢cguntants and Statutory Auditor First Floor Two Chamberlain Square Birmingham B3 3AX 18/12/2024
BIRMINGHAM LGBT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT AS A T 31 MARCH 2024 Unrestricted Unrestricted funds funds general designat•d Restrictsd funds Totsl 2024 Total 2023 Notes Note 7 ncom6 from.. Donations and legaeios Charitable activitie5 Other income Inveslrnents 38,910 1,250 3,281 35.521 38,910 853,322 3.281 35.521 58,850 866,737 11,676 31.257 852,072 Totsl incomè 78,962 852,072 931.034 968.520 Ex enditum on.. Charitable activities 111,128 823,854 934.982 893,256 NET INCOME I IEXPENDITUREI 132,1661 28,218 13.9481 75,264 TRANSFER BETWEEN FUNDS NET MOVEMENT IN FUNDS 132,1661 28,218 13,9481 75,264 Fund balances al 1 April 2023 312,179 90,000 250,179 652.358 577,094 Fund balancas at 31 March 2024 280,013 90.000 278,397 648,410 652,358 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from ¢ontinuing activities. The statement of financial activities also complie5 with the requirements for an income and expenditure account under the Companies Act 2006.
BIRMINGHAM LGBT BALANCE SHEET AS A T31 MARCH 2024 2024 2023 Notes Fixèd assets Tangible assets 13 12,854 6,643 Current assets Debtors Current asset investments Cash al bank and in hand 15 192,101 211,438 253,041 98.259 204.260 365.839 656.580 668,358 Creditors- amounts falllng dua wlthln one year 17 121,0241 122,6431 Nel curienl assèts 635,556 645.715 Total assets le¥s Gurrent liabilities 648,410 652,358 Ineomg funds Rèstricted funds Unre511icted fund$- designated Unrestricted funds general 18 19 278,397 90,000 280,013 250.179 90.000 312,179 648.410 652.358 For the year ending 31 March 2024 the company was entitled to exernplion from audit under section 477 of the Companies Act 2006 relating 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 responsibilty for complying with the requirements of the Act wf(h resp¥t lo accounting records and for the preparation of account5. These accounts havè been piepared in accordance with the provisions applicable to companies subject lo the small companies. regime. The accounts were approved and aulhorised for issue by the Trustees on 1611212024 Dr Steve Ball Ichairl Truste• Company Registratson No. 07203554
BIRMINGHAM LGBT STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operations 23 1138.6051 13.396 Investing activities Purchase ol tangible fixed assets Investmelll inoome Increase in cuirenl 8SSet inv&stments 19,7141 35.521 14,4591 31,257 Net cash generated from investing activitiès 25.807 26,798 Net Idècraasel l increase in cash and cash equivalents 1112,7981 40,194 Cash and cash equivalents at beginning of year 365.839 325.645 Cash ond cash equivalents at end of year 253,041 365,839 12
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity information 8irrningham LGBT is a private company limited by guarantee incoiporaled in England and Wales. The registered office is Bimiingham LG8T Cenlre, 38140 Holloway Circus, Birmingham. B1 1EQ. 1.1 Accounting convention The accounts have been prepared in accordance with the charitable corrpany's goverriing document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practi applicable lo charities preparing their aGcounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021". The chaiilable company is a Public Benefit Entity as defined by FRS 102. The aceounts are preparèd in stérfing, which is the fLJnclional currency of the charitable company. Monetary amounts in these financial slalemen15 are rounded lo the nearest £. The accounts have been pr8parèd under the historical cost convention. 1.2 Going concern The trustees have prepaied the accounts on a going concem basis. They have considered the impact of Covid- 19 on the organisation's finances. Covid-19 resulted in lost rental and training income between April 2020 and September 2020 and saw a decrease in donations however the charity managed lo seoure alternativè funding and has managed lo recover10s1 incorlle and aehieved an unrestricted surplus lor the accounting period. The trustees are Not aware of any circumstances likely lo affèct this in the for6seeable future. 1.3 Charitable funds Unrestricted funds are available for use al the dis¢relion of the trustees in furtherance ol their charitable objectives. Rèstrictad funds represent funds specifically earmarked for the charity's projects as specified by the donor in the funding agreèment. 1.4 Income Income is recognised when the charitable company is legally enlilled lo il aftèr any performance conditions have been mel, the amounts can be measured reliably, and it is probable that income will be Fe¢eived. Cash donati(>ns are rèeognised on receipt. Other donations are recognised once the chaiilable company ha5 been notified ol the dollation unless performance conditions requiiÉ d6f6rral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant 1$ iecognised at the time of the donation. Other income is measured at the fair value of the consideialion received or rèceivable and represents amounts receivable for goods and services provided in the normal course of business, nel of discoun15. VAT and other sales related taxes.
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Expenditure Expenditure is recognised on an accrua15 basis. Costs of activitiès in furtherance of the charity's objects comprise these costs incurred by the charity as a result of delivery of service. Govemance costs cornprise those costs incurred by the charity in meeting its conslilulional and s18lutory requireménts. 1.6 Tangible fixed assets Tangible fixed assets ale measured at cost, net of depreciation and any irnpairmenl losses. Deprèciation is recognised so as to write off the Cost of assets lèss their residual values over their useful lives on the following bases.. Leasehold Itnprov6ment Fixtures, fillings & equipmènt Computers Over the life of the lease- 7 years 20.kn straight line 33.3% straight line The gain or Ios5 arising on the disposal of an asset is determined as the difference between the sale proceeds and the Carrying value of the asset, and is recognised In nel incom8 116xpenditurel for the year. 1.6 Impalmient of fixed assets At each reporting end dale, the charitable company ieviews the carrying amounts of ils tangiblé assèts to deleirninè whether there is any indication that those assets have suffered an impairment loss. 11 any such indication exists. the re¢overable amount of the as5el 15 eslimaled in order to dètermine the extent of the impairment loss lif any). 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-tèrm IiqLJid investments with original malurilies of three rnonlhs (>r less. and bank overdrafts. Bank overdiaft5 are shown within borrowings in ¢urrent liabilities. 1.8 Financlal instruments The charitable company has elected to apply the provisions of Section 11 'Basic Financial In51rument5' and Section 12 '01her FinanGial Instruments Issues, of FRS 102 to all ol ils finan¢ial instruments. Financial instruments are recognised in the charitable Company's balance sheet when the charitable company becomes party to thè eontradual provisions of the inslrumenl. Financial assets and liabilities are off5el. with the nèt amounts presented in the financial slalemenls. when there is a legally enforceable right lo sel off the recognised amounts and there is an intention 10 settle on a nel basis or lo realise the asset and settle the liability simultaneously. Baslc financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequenlly carriéd at amortised cost using the effective inleiest method urTrless the arf8ngement eonstitutes a financing transaction, where the Iiansaclion is measured al the present value of the future receipts discounted at a market rate of interest. FinanGi31 assets classified as receivable within one year are not arnortised. 14
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ountlny pollcl•s Basic linan¢ial liabilitie$ Basic financial liabilities. including creditors and bank loans are initially recognised al transaction prite unless the arrangernenl conslilules a IinanGing transaction. where the debt instrument is me3sured al the present value of the future payments discounted at a market iale of intèrest. Financial liabilities classified a5 payable within one year 310 not amortised. Debt inslruTllent5 are subsequently carried at amortised cost, using the effective interest rale method. Trade creditors are obligation5 to pay lor goods 01 serviees that have been acquired in the ordinary Course of (>pèralions from suppliers. Amounts payable are classified as ourrenl liabilities if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are rèeognised initially at transaction price and subsequently rnea5uied at atnortised ¢ost using the effective interest method. Derecognition of financial liabilitie Financial Iiabililies are dèrècognisèd when the charitable cornpany's conlraclual obligations expire or are discharged or cancelled. 1.9 Employee benefits The cost of any unused holiday enlillernenl is ie¢ognised in the period in which the employee'8 8etvi¢es ar8 re¢eived. Termination benefits are re¢ognised immediately as an expense when the chaiilable company is demonstrably committed to terminate the employment of 8n employee or to provide termination benefits. 1.10 Retirement bènéfits Payrnenls lo defin9d eontribution retirement benefit schemes are charged as an expense as they fall due. 1.11 Lèasos Rentals payable under operating leases, including any lease incentivès received, are charged lo income on slraighl line basis over the term ol the relevant lease. 1.12 Judgments in applying accounting policies and key sources of estimation uncertainty There are no estimates or judgements made which have a rnalerial impact on the carrying amounts of assets and liabilities within the accounts other than as slated in 1.13 below. 1.13 Depreciation and re$ldu41 valu•$ The Trustees have reviewed the asset lives and associated residual values of all tangible assets. and in partioular. the useful economic life and residual values of leasehold improvements, fixtures, fittings & equipment, and computers. and havè eoneludèd that asset lives and residual values are approprialo, Donation$ and lègacies 2024 2023 Donations and gifts 38.910 58,850
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS ICONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 Other incom• Unrestrlcted funds general Rèstrictèd funds Total 2024 Total 2023 Training incorne 3,281 3,281 11,676 3.281 3,281 11,676 For thè yèar ended 31 March 2023 11,676 11,676 Invasknents 2024 2023 Rental income Interest receivable 27,385 8.136 27,430 3,827 35,521 31,257 17
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Other income from charitable activities 2024 2023 Restricted: Henry Srnith Sport England Comic Relief Children in Need The Heritage Lottery Nighling31e 50 proie¢t Bimiingharn Pride - Ernerge Bimingham Pride Volunteering Group Birminghatn Pride Corllmonweallh - Biimingham Smallest Gay Bars Masonic Charitable Trust Perform Europe Safelives Trans Piojèct Change Grow Live UK Health Security Agency Birmingham City Council Public Health Umbrella Sexual Health Heart of England Network Neighbtsurhood Scheme BVSC Fairer Futures SVCO Councelling BVSC Parenting Support 39.400 38,550 131 3,948 33,972 16,3821 4.000 11.0001 1,(H)O 9.762 1,733 18.000 6.185 5,000 119,348 16,224 5.040 32.000 3,912 25.000 8.427 4.680 7,500 Unrestri¢ted- Ticket sales The Leather Sellers Company Other incomè Leadership Academy 5,885 15,860 995 2,696 106,007 295,859
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Statem•nt of flnanclal aetivltl•s for tho year anded 31 March 2023 Unrestricted Unrestricted funds funds general designated Restrlcted funds Total 2023 Income from.. Donations and legacies Charitable activities Other trading activities lllveslments Local Authority 59.236 25,435 7,910 11,676 31,257 13861 673,706 159,686 58.850 699,141 167.596 11.676 31,257 Total Sncome 135,514 833.006 968.520 Ex enditure on: Charitable activities 90,345 802,911 993.256 Net Incoming resources bèforè transfers 45.169 30,095 75,264 Gross transfers between fuDds 11311 131 Net income for the yearl Net movement in funds 45.300 29,964 75,264 Fulld balances al 1 April 2022 266.879 90,000 220,215 577,094 Fund balances at 31 March 2023 312,179 90,0(10 250,179 652,358 19
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Charitable actlvltl•s Generatin9 Fund$ Charitabla Aetbvitiès Support Costs Total 2024 Total 2023 Staff costs Depreciation and itnpairment Office ¢05ts Travel and Iiaining Printing Publicity Recruitment and ConsullanGy Rent, rates and accommodation Project costs Legal & profe55ional Bank charges 38,442 626,897 3,503 50.867 716,206 3,503 650,444 3,861 32,264 14,825 1,713 23,185 2.489 32,264 14,825 1,713 23,165 2,489 37,419 23,223 1,604 23,012 26,770 69,751 69,751 62,075 51,420 15,218 353 51,420 15,218 353 53,325 6,913 323 38,442 841.598 50.867 930,907 888,969 Governance costs Isee note 91 4,075 4,075 4,287 38,442 841,598 54,972 934,982 893,256 Governance co¥ts Total 2024 Total 2023 Accounts Trustees, expenses AGM & rneetings 4,075 4,070 217 4.075 4,287 Governance costs includes £2,844 paid for the indèpendent examinalion12023.. £2,712). 20
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 10. Trust•&s None of the tru51ee5 lor any persons connected with them) received any remuneration or benefits from the charitable company during the year. Truslee Indetnnity insurance of £1,000,00012023.' £1,000,000) was arranged as part of the overall insurance package and included in the total premium of £47012023.. £4481. 11. Employèes Number of employees The average monthly number of èmployees during the year was.. 2024 Number 2023 Number Charitable staff 33 32 The average monthly numbei of omployees during the year expressed as full lime equivalents was.. Charitable staff 23 20 2024 2023 Ernployrnent Costs Wages and salaries Social security costs Other pension costs 643,968 52.443 19.112 558,265 51.070 18,331 715.523 627,666 There was one employee whose annual remLJneration was £60,000 or moro12023.' no èmployèes). There was a lerfflinalion payment in the year for £13,000 to one employee12023.' £nill. 12. Trustees. and key management personnel remuneration and •xp•nsès Th& Iruslees neilhei received noi waived any remulleralion during the year12023.' £nill. The total amount of employee benefits received by key management personnel is £146.961 12023 £147.193. The Tiusl considers ils key managerment personnel comprise the Managing Director. the Sexual Health Services Manager and the Operations Manager,. Wellbeing Services. No Irusltres had oxpen5e5 reimbursed during the year12023.' No Iruslees had expenses reimbursed lor the year}. 21
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13. Tangibl• fixèd assets Fixtures, rittings & equipment Computèrs Leasehold Improvement Total Cost At 1 April 2023 Additions 288.305 25.864 3.609 18,986 fj.105 333,155 9,714 Al 31 March 2024 288,305 29,473 25.091 342,869 Depreciation At 1 April 2023 Depreciation charged in the year 288.305 22.680 2.007 15.527 1,496 326,512 3,503 Al 31 March 2024 288,305 24,687 17,023 330,015 Carrying amount Al 31 Maich 2024 4,786 8,068 12.854 At 31 March 2023 3.184 3,459 6,643 14. Financial instTum¢nts 2024 2023 Carrying amount of finanelal ass8ts Debt instruments measured al amortised cost 164,860 75,983 Carrying amount oi financial liabilitl8s Measured al amortised cost 18,312 19,931 1S. Debtors 2024 2023 Amounts falling due within one year: Trade debtors Othér debtors Prepayments 156,517 8.343 27,241 67,640 8,343 22.276 192,101 98,259 22
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16. Current a$¥et investments 2024 2023 Cash equivalents on deposit 211,438 204,260 211,438 204,260 17. Creditors: amounts falling due within one year 2024 2023 Trade creditors Other creditors Accruals 15,209 3.103 2.712 19.612 319 2.712 21,024 22.643 23
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18. Rèstrfct•d funds The income funds of the charity include restricted funds cornpri5ing the following unexpended balances of donations and grants held on trust foi spècific purposes.. Balance at 1 April 2023 Balan¢e at 31 March 2024 Incolning resource8 Resour¢e$ Expended Transfers The National Lottery Community Fund Trans Inclusion Project Gowling WLG Henry Smith NPO Art5 Council Umbrella sexual h8alth Children In Need Covid recovery- Migrant exchange Ciicle Fund West Midland5 IDVA Project Birmingham Pride- Emerge Birmingham Pride- Volunteering group BCC- Prevention & promotion lun SHOUT- Cornmonweallh- Bimiingham smallest gay bars Older Persons Project Birminghatn City Council- Mental Health First Aid Heart ol England - Older Persons Proj8Ct 8imingham Pride- Trans Project BCC Public Health- Lesbian Community Health Profi18 8CC Public Health- Trans Community Health Profile CGL- Substance Misu58 Servica UKHSA- Mpox SH Outr88ch Prevention and Promotion Continuation Funding Birmingham City Council Domestic Violence Project SHOUT NPO Tran5I1ion Fund BVSC Fairer Futures Fund BCC- Prevention & Communities SVCO- Counselling BVSC Parenting Support BWC- Mental Health Support 51.797 121,051 1118.8131 54.035 1,200 24,929 19.804 36,848 9,037 4.587 5,485 9.822 892 1.091 480 4.597 11.2001 136.9951 19.8191 1324.0711 19.0371 14.5871 15.4851 173,2491 11.9941 1911 14801 14.5971 39,400 27.334 9,985 22.277 309.700 99.304 4.000 11,0001. 35.877 2.898 18.000 115.1661 2.834 5.593 5.593 6.250 958 6.899 25,000 120.0451 19581 111.6491 11.205 5.992 1,242 5.036 5,978 19.8651 1.149 2.874 755 30.118 132.194 162,0411 17551 124.0561 73.027 6,062 21,327 5.952 116.6611 10.618 48.395 8.427 12,500 4.680 7.500 4,999 145,8701 17.2201 16.9701 14.6801 17.5001 2,525 1.207 5.530 4.999 250,179 852,072 1823,8541 278.397 Negative income for return of unspent grant The National Lottery Community Fund Tran$ Inclusion Project Icontinuationl This is a continuation of the previous National Lottery proiÉct, which indudes a wellbeing support worker. counselling and slialegic developrnent worker whose role is lo delivei Iiaining and policy support. The project aims to ensure services meet the needs of are inelusive of trans people Gowling WLG Fund This is a donation lo cover alelIatiOn of the volunteer training programme Henry Smith Fund The Henry smith fund is a grant from the Henry Smith Foundation to deliver the LGBT domestic violen¢e project 24
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 NPO Arts Coun¢il Shoul 15 now a national portfolio oiganisalion for the Arts council the funding is towards salary costs and delivery of ShoLiI Birmingham's festival of queer culture Umbrella Sexual Health Fund The Urnbrella sexual health fund is a contract with University Hospital Trust Birmingham to deliver sexual health services lo the LGBT cornmunily in Birtningham and Solihull Tho National Lottery Community Fund Trans inclusion project This project includes a wellbeing support worker. counselling and a strategic development workei whose role is lo deliver IrainiTr9 and policy support the project aims to ensure service5 meet the nèeds of and are inclusive of Irans people Children In Need The grant covers the salary of a youth worker and two sèssional workers for the Emerge youth group ovid recovèry- Migrant exchange This was a grant lo support people seeking asylum during the pandernic il included funding for welfare packages of food .data and nelbooks and translation costs. Cirele Fund Funds via Safer Lives provided by the Nalwesl Circle fund lo provido grants lor crisis intervention, establishing Safety and iècovery & resilience for victims of domestic violence. West Midlands IDVA Project Funds granted by the West Midlands Police and Crime Cotntnissioner to deliver a culturally compelenl support and advoeaey service to LGBT victims of hate crime in the Wesl Midlands. Bimiingham Pride- Emerge Funds granted by the Biirllingham Pride Community Fund to be pul towards activities for the Emèrge Youth Group. Blmiingham Pride- Volunteering group Funds granted by the Birmingham Pride CoTllmunily Fund lo support the activities of the Birmingharn LGBT Volunteer5 BCC- Prevention & Promotion fund Funds granted by Birmingharn City Council Public Health Department to provide counselling lo the LGBT otnmunily and to deliver LGBT Mental Health First Aid 118ining lo Mental Health Seivices Provider3. ommonwealth- Birmlngham Smallest Gay Bars Funds granted by the Birmingham Commonwealth Committee to deliver an 8rt In51allalion at the LGBT Centre as part ol the 2022 Comrnonwea11h Games Older Ptrsons Projèct. Funds provided by the Masonic Chari18ble Foundation to contribute toward5 the salary costs of the Older Persons Project Birmingham City Council- Mental Health First Ald Funds granted by Birmingham City Council Public Health Department for staff & volunteers and community activists lo receive Mental Health First Aid training Heart of England - Older Persons Projeet- Funds granted by the Heart of England Community Foundation to contribute towards the salary costs for the Oldei Persons Project. Birmingham Prld•- Trans Project- This grant was awarded lo fund inclusive events for the Trans. community in 8irmingham BCC Public Health . Lesbian Community Health Profila - Funding provided by Birrllingham City Counal for dissemination of Community Health Profiles and c(kproduclion of solutions lor health inequalitie5 BCC Public Health Tran$ Community Health Profile - Funding provided by Birmingham City Council for dissemination of Community Health Profiles and co-production of solutions lor health inequalities CGL - Substance Misuse Service - Funds provided by Ch8nge Grow Live to provide culturally cornpelenl sUPPOrt those experiencing issues around substance use from the LGB TQ cornrnunily UKHSA- Mpox SH Outreach- Funds provided by the UK Health Security Agency to perforrn outreach for minority groups within the LGBTQ community for the national Mpox vaccination eampaign. Prevention and Promotion Continuation FundSng This fund is a conlinualion of the funds granted by Birmingham City Council Public Health Department lo providè counselling lo the LGBT community Birmingham City Council Domestic Violence Project- Funds provided by the Birmingham City Council Adult Social Care Direclorale to run an educational group work programme for survivois of dorneslic abuse in Biminghatn SHOUT NPO Transition Fund - Funds Provided by Arts Council England as part of SHOUT'S move away frorn ils NPO program BVSC Falrer Futures Fund Funds provided by the Birmingham Voluntary Service Council on behalf of the Fairer Futures fund from the Inlegiated Care 8oard lo deliver LGBTa+ affirmative wÉllbèing groups BCC Prevention & Communities Funds provided by Birmingham City Council lo deliver aelivilies and events for oldei LGBTQ+ people in Birmingham 25
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 thqARCH 2024 SVCO- CoLtnselling- Funds provided by the Sandwell Council ol Voluntary Organisalion on behalf ol Public health Sandwell lo contribute towards the salary costs for Counsellors BVSC Parenting Support- Funding provided by the Biitningham Voluntary Servicè Council to engage with the LGBTQ+ comrnunily around parenting support groups BWC - Mental Health Support- Funding provided by Birmingham Women & Childrens Hospit81 lo dèliver two wellbeing support groLJPS 19. Designated funds 2024 2023 Balance 8131 March 2024 & 2023 90,000 90,000 20. Analysis of net asset5 between funds Unrestricted Rèstrlcted funds funds Total Fund balances al 31 March 2024 are represented by. Tangible assets Current asselsl{liabilitiesl 8.138 1.875 4,716 273,881 12,854 835,558 370.013 278.397 648.410 Analysls of net assets beeen funds prior year Unrestricted Restri¢tÈd funds funds Total Fund balances at 31 March 2023 are represented by.. Tangible assets Current assets 3,600 398,448 3.043 247,267 6,643 645,715 402,048 250,310 852,358 21. Pension Commitments The ¢harity opèrates a defined contribution pension scheme. The assets of the scheme are held separately from Ih05e of the oharily in an independently administered fund. The pensiDn ccist represents contributions payable by the charity lo the fund and amounted lo £19,11212023.. 218,3311. 22. Related party transactions There were no rélatèd paty transactions during the year, or the prior year. 26
BIRMINGHAM LGBT NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 23. Cash generated from operations 2024 2023 {Deficitl I Surplus for the year 13,9481 75,264 Adiuslmen15 foi.. Investment income recognised in slalemenl ol financial activities Depreciation ol tangible fixed asse15 135.5211 3,503 131,2571 3,861 Movements in working capital". Ilncreasel l Decrease in debtor5 (Decrease) I Increase in creditors Increase I Idecreasel in deferred income 1101,0201 11,6191 128,4891 16,0031 Cash generatsd from operations 1138.6051 13,396 27