Chari number: 1142067 Com llllmber: 03430968 Leicester Lesbian Ga Bisexual and Trans ender Centre Trustees, Re ort and Financial Statements for the ear ended 31st March 2025 Leicester Lesbian Ga Bisexual and Tran8 ender Centre ended 31 rch 20 Contents Charity Reference and Administrative Details Trustees, Annual Report Indepetijent Examinerfs Report 9-10 Statement of Financial Activities Balan￿ Sheet 12 Notes to the Financial Statements 13-19 Detailed Income & Expenditure Account 20 Detailed Expenditure Account 21 Page I Lelcester Lesbian Ga Bisexual and Tran8 ender Cèntre Chari Reference and Administrativ• Detalls For the ear ended 31 March 2 25 Charity Number. 1142067 Company Number.. 03430968 (England and Wales) Directors and Truslees: Neil Hemstock- Chair since Mark Clements- VI￿ Chair Suzanne Overton-Edwards (resigned Nov 2024) Susan West Paula Hunt- Treasurer {re$igned July 2024) Rachael Atkinson-millmoor Julie Fish Registered Office and Principal Place of Busine88 Voluntary Action Leicester Floor 2 9 Newarke Street Leicester LE15SN Independent Examiners.. Celerica Limited Chartered cerb.fied Accountants First Floor The Old Chapel 9 Kempson Road Leicester LE2 8AN Page 2 Leicester Lesbian Ga Blsexual and Tran8 ender Centre TRUSTEES. ANNUAL REPORT for the ar ended 31 March 2025 The Trustees present their report and financial statements of the charity for thé year ended 31 St March 2025. The Trustees have adopted the provisions of the Ststement of Recommended Practi￿ {SORP) 'Accounting and Reporting by Charities, (FRS102) in preparing the annual report and financial Statement of the charity. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with th8 charity governing document, the Charities Act 2011 and Accounting and ReportÉng by Charikn'es: Statement of Recommended Practi￿, which are appli¢ab18 to charities preparing th8ir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16July 2014 {as 8m8nd8d by Update Bulletin 1 published on 2 February 2016). Trustees of the Char The Trustees have served during the financial year and since then are: Neil Hemstock- Chair since Mark Clements- Vice Chair Suzanne Overton-Edwards Susan West Paula Hunt - Treasurer Rachael Atkinson-millmoor Julie Fish Ob'ectives and activities The Centre is established for charitable purposes and the abjective5 of the charity are: a> To preserve and promote the good health and in particular the physical, sexual and mentsl health of persons who are Lesbian. Gay, Bisexual and Transgender (LGBT), including those persons in doubt about their sexual identity, through the provision of inforniation, advi￿. guidance and educational opportunities. b} To provide facilities for ￿CreatIOn and leisure time occupation for those beneficiaries have need by reason of their youth. age, disability, social or economic circumstsnces, with the obj8Ct of improving the conditions of life of those said beneficiaries. c) To promote equality and diversity by the elimination of discrimination in relats'on to Lesbian, Gay, Bisexual and Transgender people for the benefit of the public. The charity works to achieve these objectives through an infrastructure which delivers a range of services including training and consultancy programmes, advice Page 3 Lelcestsr Lesbian Ga 8i5exual and Trans ender Centre TRUSTEES, ANNUAL REPORT for thg ar ended 31 March 2025 Continued Ob ectives and activities contlnued arKI information. counselling, outreach, health support. events, and various other s8rvi¢es and initiatives. Through tsse serwces and initiatives. the charity aims to improve opportunities within local communits'es by increasing access to our services and volunteering opportunities for LGBT people. Improved a¢¢ess to learning, counselling, consultancy and advisory services are intended to mak8 a significant contribution to individual personal development, health, wellbeing, and to the longer-tam) economic sustainability within local communitl8S. Publlc Beneflt Statement We have referred to ttie Charity Commission's general guidance on Public Ben8fft in the review of our work, activities, aims and objectives presented wthin this report and in planning our futur8 activities. Th8 charity believes it has demonstrated that it provides public benefit through the setvic£s it offers and the communikn'es which it seeks to support. Financlal Revlew The statement of financial actiwties shows a total income for the year of£209,332, with a total expenditure of £177,955. This resulted in a surplus of £31.377 in the year with total reseNes standing at £37,230. (Surplus of £31,377 plus reserves from previous year of £5,853 - £37,230}. Reserves Polic The Trustees wish to retain reserves up to and in excess of six months of usual operating costs, ests"mated to te be￿een £90,000 and £110,000. As such they wish to Gontinue to improve the level of reserves held by Leicester Lesbian Gay Bisexual and Transgender Centre as at 31 March 2025, in order to secure short-term sustainability and move towards longer-temi business expansion which involves designating reserves to enable planned and costed service developmenL The Centre's reserves can fluctuate but, given the steady predictability of outgoings and the Trustees. intention to move strongly towards achieving sustainability for the Centre, the policy remains as the aim to achieve and go beyond six months. operating costs but we currently have 3 months, in order to maintain cash flow, manage contingencies, and develop services. Page 4 Lelcestsr Lesblan Ga Blsexual and Trans ender Cerrtre TRUSTEES, ANNUAL REPORT for tho ar ended 31 March 2025 Contlnued Achievements and Porfornianc• Financial Achlevements and Perfomiance- Stslement from the Chair This has been a landmark year for LeI￿stershire LGBTQ+ Centre. We have not only more than doubled our overall engagement, rising from 704 attendances last year to an incredible 1.731 this year across our social and support groups, but we have also made clear progress in strengthening our stability, resilience and presence across the region. In November 2024, we formally rebranded as LeI￿stershire LGBTQ+ Centre. This was a bold and public statement of who we are and who we serve. Our rebrand launch event brought together almost 100 people from across our Community, including partners, supporters and service users. It marked a new chapter in our history and a shared sense of pride in our collective prog￿$$. This year we have seen significant growth in the reach and impact of our s8rvices. Our counselling provision delivered 1,572 one-to-one sessions to 131 individuals, providing mor8 than 1,570 hours of dedicated support. Our group-ba5ed services for adults and young people added more than 700 further sessions, each be￿een 1.5 and 2 hours long. Altogether, we delivered well ovar 3,000 hours of support to LGBTQ+ people and their families across Leicester, Leicestershire and Rutland. Financially, we have ended the year in a stronger position, with reserves of £37,230 compared to £5,853 the previous year. This progress has been hard-won. We are working towards our goal of holding six months of operating costs in reserve, whi18 also investing in ServI￿S that are urgent, ne￿sSary and life changing. With multiyear fijnding from the Henry Smith Foundation and Vits Health Group, we enter the new financial year with renewed confidence. On behalf of the Board of Trustees, I want to thank all of our staff, volunteers, donors and community partners. You have been at the heart ofthis success. Thank you for your dedicats'on, your belief in the Centre and your commitment to the LGBTQ+ community. Flnancial Achlevemonts and P8rformance- Statement from Chlef Executlve It has been a privilege to join the Centre as Chief Executive during a time of momentum, growth and renewed purpose. This year, we supported over 525 unique members and delivered more services. in more ways, than ever before. The numbers speak for themselves, but behind each one is a person, a Story. and a community that continue5 to grow stronger. Page 5 Leieast•r Lesblan Ga Bisexual and Trans ender Centre TRUSTEES. ANNUAL REPORT for the ear ended 31 March 2025 Contjnued Flnanclal Achlevements and Perfomianco - Statement from Chlef Executive Continued Our counselling service has expanded significantly, with more people accessing tailored, aff miing 8UPPOrt for their mentsl health and wellbeing. Our youth work has extended into new locations across the county including Hinckley and Coalville, while our adult groups have seen both increased attendance and deeper levels of engagement. We are proud to offer a spac8 where people Can find connection and joy, and where no one has to feel alone in who they are. Internally, we have focused on building infrastructure that can carry us fo￿ard. We recruited two new staff members to lead on activity and community-based development, alongside building our volunteer pool to 20. We developed our servi delivery model in line with our strategic goals and our successful rebrand in November 2024 helped us assert our role as a regional provider rooted in Le1￿$ter but serving the wider area across Leicester, Leicestershire and Rutland. Financial lans for the future - Statement from Chief Executlve Looking ahead. we are in the PrO￿$S offinalising our new five-year strategic plan. This will guide our future development and strengthen our delivery framework. We will Continue to grow our universal services, expand outreach, and build a bolé and visible presence in towns and communities that have previously gone withouL None of this would be possible without the commitment of our stsff, volunteers and trustees, Nor could it happen without the trust and participation of our community. I want to thank every person who has walked through our doors, contacted our team, or recommended us to someone in need. Your voices shape our work, and your presence strengthens our purpose. structure Governance and Mana ement On 9 September 1997, Leicester Lesbian Gay and Bisexual Limited was incorporated under the Companies Act 1985 as a private company limited by guarantee. The company thanged its name to Le1￿$ter Lesbian Gay Bisexual and Transgender Centre in October 2010 and obtained charitable ststus with effect from fvAay 2011, under charity registered number 1142067. Page 6 Lelcester Lesbian Ga Bisexual and Trans endèr C•ntre TRUSTEES, ANNUAL REPORT for the ear ended 31 March 2025 Continued Structure Governance and Mana ement Contlnued The Board of Trustees. with a minimum number of five member8 and a maximum number of eight, administers the charity. Th6 Board meets quarterly or more frequently if required. The Chief Executive has overall re8ponsibility for the day-t day operational activities. The Charity is constituted as a company Ilmited by guarantee, number 03430968, and is therefore govemed by the M8morandum and Articles of Association. The objects and powers are set out in the Memorandum of Association and regulated by the Articles of Association. All m8mbers of the Charity will be approved by the trustees and no employee of the company, or relative of an employee, is a member of the Board of Directors. The Board of Directors is responsible for setting the direction of the charity and establishing policy. Trustees are selected by interview. Trustees may co-opt further trustees., with no specific time scale attached but this will be revieY48d in th8 n8xt y88r. All directors of the company are also bustees of the charty. Related Parties There are no related parties in this year or the previous year. Trustees, res on5ibilities in relation to the unaudltsd Financial Ststements The trustees are responsible for preparing the Trustees, Annual Report {including the Strategic Report) and the financial statement5 in accordan￿ wth applicable law and United lfjngdom Accounting Standards (United Kingdom Generally A¢￿pted Accounting Practice). Company law r8quir8s the Trustee5 to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charitable Company and of the incoming resourc8s and application of resource5 of the charitable company for the year. Page 7 Lelc05t•r Losbl8n Ga Bisgxual and Trans ender Centre TRUSTE&8' ANNUAL REPORT for the ear ondod 31 March 2020 Contlnwl TTUStee8' res Continued n•lbHltle• In r•latlon to th• unaudited Flmnclal 8tat•m•nts In preparing these unaudited finanual statwnènts. the TnJste8s are reqdred to: Select witable accounting pol￿195 aT¥J then apply them consistsntly, ObseN8 the meth￿J9 and principles In the Charfde$ SORP 2015 IFRS 102); Make judgements and e5timats$ that ar& reasonable and pruden( State *thelher applkable UK accoUn￿ng 8t8r#Jards have been IDllo**d. subjoet to any matarfal departures dIsdo￿d and explained In tr* fmnrA41 prepare trm unaudited finanii81 statamènts on the going cfjrKem basis unless it is inappropriat¢ to prè8umo that th8 charitable company will ¢ontinue in 0￿ratiOn. The Trusts85 are responsiblé for keeping proper accountlng r8c¥ffds whith disdose, with r8ason8ble 8¢tyJracy, at any lime, the financial posillon of the Charity, and whi¢h enable them to ènsure Ihat the finan￿atr gtatem8nts comply wllh the Companies AGI They are also responsible fr)r 88feguarding the assets of th? chafftable (yjmpany and hen* for taking r8asonable steps for tre prevenlion aTKI detertion of frau(f and other Irregularities. Inde A resoluuon for Ihe appolntrnent of CeleriGa Ltd. as an Inde[￿Ident Examiner trj company ba proposed ft)T rfrapwnknent at the forthcoming Annual Genero1 Me¢ting. Thi5 Teport has been prèpared in ac¢ordan¢e the Statemont of Recommer)ded Practice.. Accounting and Reporting by Charitie$ 2015 IFRS102} and in accordanGe with the 5pectal provisions of Part 15 of the Companies Act to small >mpanies. JPTDved by the B08rd and slgned on Its behalf on 74..1l￿....... . by.. Slgnalurn.. Trusteo.. No11 Homstock ir of the Board) Pw8 Ccfftp8ny number. 03430968 Register￿1 Chartiy No. 1142C67 LEJCESTER LESBIAN GAY BISEXUAL AND TRANSGENDER CEI¥TRE INDEPENDEiYf EXAMINERIS REPORT ON THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 We report on the accounts of Leicester Lesbian Gay Bisexual and Transgender Centre for the year ended 31 March 2025 which are set out on pages 11 to 19. Respectlve responsibilities of tru$toe6 and examlner The charity's trustees (who are also directors of the company for the purpos8 of company law) are responsible for the preparation of the accounts. The ¢hariVs trustees consider that an audit is not required for this year under section 144(2) of thè Chartli98 Act 2011 (the 2011 Act) and that an indèpendent examination is needed. Having satisfied ourselves that the Gharty is not subject to an audit under company law and is eligible for an independent examination, it is our responsibility to.. examine the accounts under section 145 of the 2011 Act to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5){b) of the 2011 Act. and to state whether pa￿"Cular matters have com8 to our attention. Ba818 of Indopondont Examiner's Report Our examination was carried out in accordan￿ with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by th8 charty and a ¢omparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure in the accounts, and S8eking explanations from you as trustees conceming any such matters. The procedures undertaken do not provid8 all tha evidence that would be require in an audit and consequently no opinion is given as to whether the accounts present a 'lrue and fair vievl, and the report is limited to those matters set out in tha statèmant bèlow. Independent Examiner's Statement In connection with our examination, no matter has com8 to our attention: (i) whid) give8 us reasonable cause to believe that in any material respect the requirements ' to keep accounting records in a¢¢ordance with Section 130 of the 2011 Act,. and to prepare accounts which ac¢ord with the accounting records, comply wth the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met., or Page g LEICESTER LESBIAN GAY BISEXUAL AND TRANSGENDER CEIYTRE JNDEPENDENf EXAMINER'S REPORT ON THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (Conllnued) Independent Examlnerfs Statement (Contlnued (li) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. CELERICA LTD CHARTERED CERTIFIED ACCOUNTANTS FIRST FLOOR THE OLD CHAPEL 9 KEMPSON ROAD LEICESTER LE2 8AN Dated '. 21 Jq JIS Pag810 Company number 03430%8 Reglslered Chadty ￿. 1142067 LEICESTER LESBIAN GAY BISEXUAL AND TRANSGENDER CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Ullrestri¢ted Re8tri¢ted 2025 2024 Funds Totsl Fullds Totil Funds Totsl Funds Note Ineome and endowments from: Donations and lega¢ies Charitable activities Investments 18.067 80,500 863 18.067 190,402 863 7.352 140,555 546 109,902 Totsl iD¢ome and endowments 99,430 109,902 209J32 14&4&3 Expenditllre OD: Charitable ￿tiVitIes. 69,228 69228 I08,727 108,727 177.955 157.561 Totsl expenditure 177,955 157,561 Net Ineome (deflelt) Transftr between ￿lld8 30,202 1.175 31.377 (9,108) Net movement ill funds Reconciliation of funds: Totsl funds brougbt fonvard Totsl funds ￿rrIed forward 30,202 1,175 31,377 (9,108) 5,853 36,055 5,853 37230 14.961 5053 All inwme and expenditure d¢TiV¢ from continuing activities. The statement of financial activities includes all gains and losses recognised during the year. Page11 R*t¥*J Chaity F*J. 1142rM7 LXICLSTLR LESBtAN GAY BISEXUAL AND TRANSGENDER CENfRE Slwel w A¢31Bt M4r cx¢mptioTr from auditwnd¥r S¢ctioJJ 477 ofthe Ad forthe year•￿d 31 Mwch 2025. Th¢ m¢mb¢rs I￿¢ not wuird the ¢lwit4bl¢ ¢ompony lo obtsiu all wdil of tke finan¢ial $tstern￿ts forthe year elld￿ 31 March 2025 in accordance Sxtion 476 of th¢ COM￿)18$ Act 2016. The trusle¢s ￿knOw￿ge th¢ir rwDnsiThililies for. a: eRLqurlngthatth¢ ¢haritable kws tieC(wntI￿ r￿d8 that¢cfflptywith S¢¢#k)M 386 and 387 of the CoTnpwi&s Act 2006 and b" p)reparin8 xt8tern¢nts whi¢h giY¢ atrue o1￿ fairvi¢w ofth¢ stal¢ of the cthEritabk ¢ompw a% at the eThl of th¢ fmanciAI year and of its surplus or d￿cit for exh finaneial yetr it) cordat￿¢ with the T¢qUiT¢m¢nts of Sectiolls 394 *)d 395 which otbmyise comply with the requirem*nt8 oftho comp￿1￿ Art 2(M)6 relating to Ilnmcial 51¥teurt so for ￿ 4&ylicabk to ehatitable company. fin￿181 S￿ements hav¢ l)eeD approved Sn I¢￿￿1n¢¢ with the sp¢¢ial provi8ioM ofP8rt 15 of Ib¢ Act 2NJ6 relating to stnAII eh8ritsble companie& The Jln8nuiAI &tstsrn¢nts wore llpprnv￿ for issue by the Board on .zuiixr Sryne41 beh•lfof th¢ bo4rd of trMBt•e8 TNstee Name.. . P8g• t2 Company numbeT." 03430988 Registered Charity No. 1142067 LEICESTER LESBIAN GAY BISEXUAL AND TIL4NSGENDER CEiYfRE Notes to the finaDclAI statements for the vear ended 31 Marcb 2025 l A¢¢ounilng Pollcles l. Sllmm8ry of significant ae¢ounting pDlicie5 General iDformation and ba818 ofpreparation t£icester Lesbian Gay Bisexual and Transg¢nd¢r Centr¢ is a registered charity in England and Wales and also a company limited by guarantee. In the event of the Charity being wound up. the liability in respect of the guarantee in limited to £1 per men)ber of th¢ Charity. The address of the chaTitys head office is given on page 2 of these fmancial statements. The nature of the charityls operations and principal activities are detailed on pag¢5 3 - 4 of these financial statements. The charity ¢on5titutes a public benefit entity as defm¢d by FRS 102. The financial statements have been prepared in accordance with Accounting and Rep)rting by Charitie5.' Statement of Recommended Practice applicable to Charities preparing their a¢¢ounts in ac¢ordanc¢ with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) issueAI on 16 July 2014 (as updatrd through Update Bulletin I published on 2 February 2016, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK GeneTally A¢Geptsd Practice as it applies from l January 2015. The charity h&8 applied Updated Bulletin l as published on 2 February 2016 and does not include a ¢ash flow statement on the grounds that it is applying FRS 102 Section IA Th¢ fmancial statements have been prepared to giv¢ a "true and fair" view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a "true and fair" view. This departur¢ has involved following the Accounting and Reporting by Charities Statem¢TJt of Recommended P￿tIce applicable to Charitie5 preparing their Accounts in accordallce with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Ststement of Recommended Practice effective from l April 2005 which since been withdTawn. The fmancial ststements are prepared on a going concern basis under the historical Cost convention modified to include certain i1¢ms ￿ fair va]ue where ¢onsideTed necessary. The financial statements are presented in Sterling which is the functional CUTren¢y of th¢ charity and rounded to the nearest pound. b Funds Unrestricted fund% are available for use at the discretion of th¢ trustees in furth¢rdnce of the general objectives of the charity and whi¢h have not been desi￿ated for other Purposes. Designated ￿ndS comprise unrestricted fwids that have been sei aside by the trustees for particu18r purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Pag¢ 13 Company number. 03430968 Regist8red Charity No. 1142067 LEICESTER LESBIAN GAY BISEXUAL ALYD TRAY4SGENDER CEIYTRE Not¢$ to the fmancial ststements for tbe ear ended 31 Mareh 2025 Continued l. Summary of slgnifioant aeeounilng polleles {Conthiued) b Funds (￿ntInued) Restricted fimds are funds which ar¢ to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purwjses. The st of raising and administering such funds aTe chaT¥ed against the specific fund. The aim and use of each restricled fimd is set out ill the notes to the financial statemen Income recognltloD All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legLlly entitled to the income after any perforniance of conditions have been met, the amount can be measured reliably and it is probable that the income will be received. For donations to be rccognised the charity will have been notified of the amounts and the settlement dats in MTitin& If there are conditions attached to the donation and this requires a level of peiforniance before entitlement call be obtained then in¢om¢ is d¢ferr¢d until those conditions atE fully met or the fulfilment of those conditions is within the control of the charity and it 18 Probable that they will be fulfilled. Donated facilities and donated professional services are recognised in in¢om¢ at their fair value when their economic benefit is probable, it can be measured reliably and the charity h&s conlToI over the it¢m. Fair value is deterniined on the b&sis of the value of the gift to the charity. A corresponding amount is T¢¢ognised yn ¢xp¢nditure. No amowit of time 15 included ID the financial $tat¢m¢nts fr*r volunteer time in line with SORP FRS (102). Further detsil is given in the Trustees Annual Report. Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financia] statements upon r￿Cipt. If it is impracticable to &ssess the faiT value at receipt or if the costs to undertake such a valuation outweigh any benefits then the fair value is recognised as a component of donations when it is distributed and an ¢quival¢nt amount ￿ognISed as charitable expenditure. For legacies. enlill¢m¢nt is th¢ ¢8rlier of the charty being notified of an impending distribution or the l¢gacy being received. At this point income is recognised. On occasion, legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed on these o¢casion4 the legacy is treated &8 a contingent &8set and disclosed. Incom¢ from trading activities in¢lud¢s income earned from fimdraising events and trading activities to raise fimds for th¢ ¢harity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has OCCUTred. Page 14 Company number. 03430968 Registered Char?ty No. 1142067 LEICESTER LESBIAN GAY BISEXUAL AND TRANSGENDER CEliTRE Noles to ibe flnaD¢lql ststements ear ended JI March 2025 Continued for the l. Summary of slgnlfieaDt accounting polieies {Contlnued) Ineome recoglliiloll (Contlnued) Investment income is eamed through holding &88ets for investment purposes sueb as interesL Interest income is recognised using the effeclive interest method. Eipenditure ftcognltlon All expenditiwe is a¢Gountsd for on 8n a¢¢n￿lS basis. Expendityr¢ is recognised where there is a legal or consiTu¢tiv¢ obligation to make payments to third parties, it is probAbl¢ that the settlement will be required and the amount of the obligati¢)n can be measur&1 reliabty. It is categorised under the following headings: Cost of raising ￿ndS Expendibjre on charitable activilies Oth¢T ￿pendItuTe represents those items not falling into the above ¢atsgories. Support costs gllocation Support costs are thos¢ that assist the work of the charity but do not directly represent charitabl¢ activities and include office costs, governanoe costs and administrative costs. The analysis of these costs is in in¢luded in note 7. TAnglble llxed asgets No depreciation is provided on tangible r￿ed &wts. Assets are vnittcn off at the time of purchas¢. This is contrary to the requirements of FRS 102. The trustees consider thttt these assets will have a small r¢siduaJ value * the end of each financial ye4r. Debtors and creditor& reeefvable I payable within one year Debt0￿ and creditors with no stated interest rate and r¢G¢ivabl¢ or payable within one year are recorded at transaction price. Any lo￿$ arising from impairnient are Tecognised in ex[￿nd1thre. h Leases Renta]s payable and re¢¢ivabl¢ und¢T operating leases are charged to the SOFA on a straight line basis over the period of the l¢&s¢. Tgx8tioll No provision has been made for taxation as the charity's charitable status r¢Dd¢rs it exempt from UK direct t&xatioTh. k Going concern The financial statements have been prep￿rd on a going wicern basis as th¢ trustees believe that no material un¢¢rt8intie5 exist. The b￿Ste¢S have considered the level of funds h¢ld and the expected level of income and expenditure for 12 months from authorising these fJnan¢ial statements. The budgefrd in¢ome and expenditure is suifici¢nt with the level of resery¢s for the charity to be able to continue as a going concern. Page 15 Company num￿1.. 0343C1368 Reglslgrgd Charity No. 1142067 LEICESTER LESBIAN GAY BJSEXUAL AND TRANSGENDER CENTRE Noles to the Ilnallclal slatsments ear ended 31 Mareh 2025 Conilnued for the 2. llleome from eharltable A¢tfvhles Unre 2025 Restricted 2025 Totsl 2025 2024 Trdining UOL- W¢lfor¢ Support Peoples Post Code Lott¢ry Event income Henry Smith Garfield Weston Foundation Leicester City Council- Youth Services Iticester Cty ICB Otber Small Grants VHG Contract Rutland County Council YS Contra Tudor Tn￿ Grant Com￿U￿1ty Engagement Strntegy Leicester City Coullcil - DA Support Services Get Better Help- LLR Community Carlton Hayes Awards For All 900 900 2,765 4,819 50 54.550 6,666 2,500 10,143 2,413 25,000 2.765 4.819 2,815 50 54,550 250 27,000 2,500 10.143 2.413 8.975 10.143 25,000 25,000 510 20,000 1,638 43,066 30,116 1,638 43,066 30,116 15.647 27.715 2.500 5.776 5,776 80,500 109,902 190,402 140,555 tn¢otne from clwitable activities were £190.402 (2024: £140,555) of Md)ich £80.500 (2024.. £112.330) Wag attributhble to unre$tri¢td and £109,902 (2024.. £28.225) wa$ attrbi utable io restricted funds. 3. Income from donations and legaeies Unrestricted Restricted 2025 Totsl Total 2024 2025 Small donations and small graiits Counselling donations 11,957 6.110 18,067 11.957 6,110 18.067 4,540 2.812 7.352 All of the ai*)ve income from donation5 and legacies were of an unrestricted nature for b(rth years. 4. Income from investments Unrestricted Restricted 2025 Total 2025 Tolai Bank interest received 863 863 546 All of the above in¢ome from investments were of an unrestricted nature for both years. Page 16 ompany number.. 03430968 RegiSte￿d Chwty No. 1142067 LEICESTER LESBL4N GAY BISEXUAL TRANSGENDER CENfRE Notes to the financial statements for the 'ear ended 31 March 2025 Continued 5. Ineome fTom other activities Unrestricted Restricted 202 Total 2025 Totsl 2024 Room hire Rent received 6. Allaly818 of expendlture on cbvdrltable actfvltles: Service Delive Totsl 2025 Total 2024 Costs Main Fund UOL - Welfare Support Youth Services Leic¢s*r City ICB SalaTies Small Grants VHQ Contract Rutland County Council YS Contract Leicester City Loun¢il- DA sup{￿ Services Get Better Help- LLR Community Carlton Hayes 20,454 1.656 2.500 10,143 2,348 61,006 81.460 1.656 2,500 10.143 2,348 99,364 1.275 6.270 833 1,681 534 15.776 29,328 2.500 43.066 30,116 6,666 43,066 30.116 6.666 116,949 61.006 177.955 157,561 Expenditure on charitable activities was £177.955 (2024.. £157,561) of vthich £69,228 (2024.. £128.871) w&$ attributable lo unrestricted and £108,727 (2024: £28.690) was attributable to restricted funds. 7. Supp)rt cosl8: Unrestri¢t¢d Restrict Total 2024 202 2025 2025 RenL rates and water Light and h¢at Insurance Repairs and renewals Health and safely Running costs Cl¢aning Governance 4,118 15.038 19,156 33.340 1,432 2,040 226 4,776 8,012 246 11,606 ,500 128 1,628 1,382 480 26,633 1.862 26,633 24 11.703 24 11,703 18,727 42,279 61.006 61,678 Paga 17 Company number 03430968 Règi8tered Charity No. 1142087 LEICESTER LESBIAN GAY BISEXUAL AND TRANSGENDER CEiYfRE Notss to tbe flllanclal stslements 'ear ended 31 MAreh 2025 Continued for the & Governanee coyts Unr¢stri¢ted Restricted 2025 2025 Total 2025 Total 2024 Stsff wsts Accountancy Bank charges 10,000 1,500 203 11,703 10,000 1,500 203 11,703 i 0.000 1.420 186 11.606 9. IndepeDdent eJamlner's fe¢5 2025 2024 ]ndepend¢nt examiners fees 1.420 1.420 10.Trnstees and key management pe]sonnel remunerailon The trustees neither r¢ceived or waiv¢d any remuneration during the yeRr (2024: nil). The trustees did not bave any expenses reimbursed during the year (2024: nil) 11. Wages 4nd sa18ries 2025 Full time Equivalent Number 2024 Full time Equivalent Numlxr Averdge number of employees All staff are employed by the charity. No employees earned more than £60,000 during the two years ended 31 March 2025. 12. Deblors 2025 2024 Debtors Prepa}Th￿ts and ￿￿￿ed income 1,385 20 3,140 748 1,405 3,888 13. Cr¢dltors: amollllts falling due wilbin one y¢ar 2025 2024 Trade Creditors A¢crnals and defetred income PAYE Other creditors 1,159 4,114 2,000 69.258 76,531 1.049 3.565 362 88.687 93,663 Pagè 18 Company number.. 03430968 Regi$lere(I Charity No. 1142067 LEICESTER LESBIAN GAY BISEXUAL AND TRANSGENDER CENTRE Notes to the financial statements for the ear ended 31 Marcb 2025 Conllnued 14.Totsl Funds allO￿lI0D Balance at IA ri12024 Income Ex Balance at ditw¢ TraDsfrrs 31 March 2025 UDre$trieled: Main fund 5.853 5,853 99,430 99,430 (69,228) (69,228) 36.055 36.055 Restricted: Other srna]I grants UOL. Welfar¢ Suptwrt Peoples Post Code Lottery Leir¢$t¢r City ICB Garfield Weston FoutHJ&tion Leiee5teT City Council- Youth Service8 CommuDty EngagemsDt Strategy Leicester City CO￿)¢11- DA s￿pOrt Services 2,413 2,765 4,819 10.143 6,666 2.500 1.638 (2.348) (1,655) (4,819) (10,143) (6.666) (2.500) (1.638) 65 i.iio 43.066 30.116 5.776 (43,066) (30,116) (5.776) 108,727 Get Better H¢]p. LLR Communxty Awardg For AU 109,902 1.175 Total 5.853 209.332 (177.955 37.230 15. Analysis of Net Asstts Belwetn Fullds Net Current Assets Fixed Total Unrestrict¢d Funds Restricted Funds 36,055 1.175 37.230 36.055 1,175 37.230 16. Related pRrty transactions There were no related pty transactions during the year ended 31 Marth 2025 or the previous Paga 19 Company number.. 03430968 Registtrred Charity No. 1142067 LEICESTER LESBIAN GAY BISEXUAL AIYD TRANSGENDER CEiwfRE Detailed Income & Ex nditure Ae¢ount for the ear ended 31 Mar¢h 2025 2025 Totsl 2024 Total Unrestricted Restricted IDcome RoollL hirc Rent received Sundry donations cO￿sellIng donations Interest received Other small grants Trnining UOL- Welfare Support Peoples Post Code Lottery Event income L¢ic¢st¢r City JCB Henry Smith Garfield Weston Foundation Ixicester City Council - Youth se￿ices Lei¢¢ster City CCG Discretionary Gt7nt VHG Contract Rutland County Council YS Contract Tudor Ttwst Grant Community Engag¢m¢nt Strat¢ tkicester City Council - DA sUp￿rt Services Get Better Help- LLR Community Carlton Hayes Awards For All 5.207 6,110 863 6,750 900 5,207 6,110 863 9.163 900 1765 4,819 50 10.143 54,550 6.666 2.500 4,075 2,812 546 465 2,413 2.765 4,819 2,815 50 250 10,143 27,LK)O 10.143 54,550 6,666 2,500 ,975 25,000 25,000 25.(X)O 510 20.000 1.638 43.066 30.116 1,638 43,066 30,116 15,647 27,715 2,500 5.776 5,776 109,902 209,332 148,453 99,430 ExpeDdlture per pige 21 Net surplus (defi¢it) for tbe year Funds brought forward Surplus ￿rried forward 69,228 30,202 5.853 36,055 108.727 177,955 157,561 1.175 31,377 (9,108) 5,853 14,961 37230 5,853 1,175 This page does not fonn part of the statutory financial ststements Page 20 Company number.. 03430968 Registered Charlty No. 1142C67 LEICESTER LESBIAN GAY BISEXUAL AND TRANSGENDER CENTRE Detailed Ex Ddi¢ure Aecoullt for Ihe "ear ended 31 March 2025 2025 Unrestrlcted Re8trlcted Totsl 24 Total Expendlture Staff Costs Rett¢ Tat¢s and water Light and heat General running Costs Adivity Insurance T¢l¢phon¢ Repai￿ and renewals Health and safety inc HR Postage. printing and stationery Advertising and promotion Independent examin¢￿S fe¢s Bank charges Cleaning Collnselling fees less contributions Catering costs Travel expenses SUb￿riPtiOns Staff and volunteer training Consultancy fees Misce118neous Project costs Equipment & IT Website costs 44.105 4,118 59.679 103,784 15,038 19,156 77,028 33,340 1,432 8,012 6J64 2,040 938 226 4,776 1,861 979 1.420 186 246 7.875 335 212 2.106 2,195 2.742 472 26,633 2.377 128 581 26,633 7,129 1,628 1,081 4,752 1.500 500 1.382 1,783 480 1.862 1,783 1.500 203 1.500 203 24 634 36 234 400 36 604 1,744 1.744 168 2.478 1,107 168 2,478 854 253 251 3,800 69228 2,350 2.601 300 3.800 2.476 108.727 177.955 157,561 This page does not forni part of the Stat￿Ory financial statements Page 21