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2022-04-01-accounts

Charity Name No (if any) LGBT OUT IN THE BAY 1153064 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01/04/2021 31/03/2022

Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
97,694
48,417
6,560
-
-
-
-
-
152,671
-
-
-
152,671
45,506
43,408
7,010
36,335
13,126
677
695
1,813
49
4,389
700
153,708
-
1,200
1,200
154,908
- 2,237
-
7,950
5,713		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
97,694
48,417
6,560
-
-
-
-
-
152,671
-
-
-
152,671
45,506
43,408
7,010
36,335
13,126
677
695
1,813
49
4,389
700
153,708
-
1,200
1,200
154,908
- 2,237		 Last year
to the nearest £
Grants 97,694 5,137
Sponsorship 48,417 27,665
University placements 6,560 4,420
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)		 152,671 37,222
A2 Asset and investment sales,
(see table).
Bounce back loan - 20,000
- -
Sub total - 20,000
Total receipts
A3 Payments
57,222
Wages &pensions 45,506 -
Events 43,408 5,128
Rent & utilities 7,010 5,220
Travel & refreshments 36,335 19,440
Consultancy& accountancy 13,126 10,133
Insurance 677 557
Marketing&promotion 695 2,164
Sundries 1,813 1,456
Training 49 3,258
Repairs,telephone & IT costs 4,389 2,027
Loan repayments 700 -
**Sub total ** 153,708 49,383
A4 Asset and investment
purchases, (see table)
-
1,200 3,062
**Sub total ** 1,200 3,062
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
52,445
- 2,237 - - - 2,237 4,777
- - - - -
7,950 - - 7,950 3,173
5,713 - - 5,713 7,950

CCXX R1 accounts (SS)

06/12/2022

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
PAYE/NIC
Barclays bounce back loan
Details
Details
Computer Equipment
Bank account
Cash in hand
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
5,462
-
251
-
-
-
5,713
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
Unrestricted
4,775
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
Unrestricted
4,358
Unrestricted
19,300
-
-
-
Print Name
Mr Robert Mee		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
2,927
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Mr Robert Mee 06.12.22

CCXX R2 accounts (SS)

06/12/2022

2

REGISTERED CHARITY NUMBER: 1153064

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2022

for

LGBT OUT IN THE BAY

RFM Lancaster Limited 39 Northgate White Lund Morecambe Lancashire LA3 3PA

LGBT OUT IN THE BAY

Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2022

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 13
Detailed Statement of Financial Activities 14 to 15

LGBT OUT IN THE BAY

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Out in the Bay Yearly Report

Out in the Bay has progressed dramatically within the last 12 months. Out in the Bay has become involved with many professional organisations and continue to create further awareness of our charity. Out in the Bay regularly receive invitations from professionals requesting our support in awareness training and presentations at Out in the Bay. Within the last 6 months Out in the Bay has been nominated for the Queen's Award for Voluntary Service. Out in the Bay has been nominated by the Co-op Local Community Fund which supports projects across the UK. Out in the Bay regularly received invites from Universities and Schools and provide presentations of the services we provide. Out in the Bay continues to grow and our support groups are regularly attended. However, numbers have dropped due to staff not managing our groups effectively, therefore, our groups are hosted by trained senior members of staff and figures are rising. The feedback that we receive from the groups has always been positive and many of our feedback sheets state how they have enjoyed attending these sessions.

In addition, Out in the Bay continue to provide placement opportunities for students and assist them with their practice based learning. Out in the Bay continue to recruit volunteers and provide them with opportunities to develop their social skills and further development.

We engage with professionals and provide leaflets of detailing the support we provide at Out in the Bay. Lancaster University Library recently held an exhibition for LGBTQ+ history month and asked Out in the Bay if we could provide information so that this could be presented at the Library. Out in the Bay provided a rolling slide show and leaflets detailing our services and history.

We are currently seeing a rise in demand to provide support for young people. This information is not only requested from young people but their families. Lancaster Girls Grammar School, Community Hubs, Mental Health Teams, Well-being Centres and Lancaster City Council amongst many have requested our leaflets so that they could be distributed with colleagues/ students and people they support.

Within the last 6 months we also provided employment opportunities for 10 young people from the Kick Start Scheme from Lancaster and Morecambe College.

The Kickstart Scheme is a new programme launched by the government to deliver funding for employers offering new job roles for 16-24 years old who are currently in receipt of Universal Credit. The programme is aimed at preventing young people who are currently unemployed facing long term unemployment.

At Out in the Bay we currently have 1 paid member of staff (Project Manager) and 8 volunteers. In addition, we currently are supporting a MA social work student and within the last 6 months have supported 2 BA students on their practice with learning placement at Out in the Bay.

We currently provide traineeship opportunities for 2 young people and work alongside Lancaster and Morecambe college Traineeship scheme.

Within the last 6 months we have provided a presentation for a local school sharing awareness of Out in the Bay and presented a teams meeting with Lancaster County Council sharing how to support colleagues who identify as LGBTQ+.

Page 1

LGBT OUT IN THE BAY

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENT AND PERFORMANCE

Fundraising activities

In order to ensure we are fundraising appropriately we:

If you are unhappy with anything we've done while fundraising, you can contact us to make a complaint. We have a complaint procedure, a copy of which is available on request. If we cannot resolve your complaint, we accept the authority of the Fundraising Standards Board to make a final adjudication.

FINANCIAL REVIEW

Financial position

During this financial year, expenditure has exceeded income by £1,912.

The Board of Trustees closely monitor spending and income streams on a day to day basis and these are also reviewed in the AGM.

FUTURE PLANS

From March - April 2022, Out in the Bay worked on the opening of No Labelz- a housing project that aims to home young LGBT+ people facing homelessness. This involved: moving offices; employing Housing Support Officer's; creating comprehensive policies and procedures applicable to the new project; ensuring rooms are ready for move-in and organising an opening event. During this transitional period, casework and support groups were temporarily suspended.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

LGBT Out In The Bay is a Charitable Incorporated Organisation - Foundation Registered 24 Jul 2013 governed by the Constitution with voting members consisting of its charity trustees.

Recruitment and appointment of new trustees

There must be a minimum of three charity trustees and must be appointed for a term of three years. During 2019/20 four new trustees were appointed on 29th March 2020 brought in from the amalgamation of Lancaster Pride UK and Morecambe Pride to keep unity within LGBT Out In The Bay.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

(England and Wales)

Registered Charity number

1153064

Registered office

Room 1

3 Northumberland Street Morecambe Lancashire LA4 4AU

Page 2

LGBT OUT IN THE BAY

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2022

Trustees

Ms K James Trustee Ms J Thomson Trustee (resigned 28/2/2022) M Johnson (resigned 6/6/2022) N Elder R Mee CEO

Independent Examiner

RFM Lancaster Limited 39 Northgate White Lund Morecambe Lancashire LA3 3PA

Approved by order of the board of trustees on 6 December 2022 and signed on its behalf by:

R Mee - Trustee

Page 3

Independent Examiner's Report to the Trustees of LGBT Out In The Bay

Independent examiner's report to the trustees of LGBT Out In The Bay ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Gillian Telford FMAAT RFM Lancaster Limited 39 Northgate White Lund Morecambe Lancashire LA3 3PA

Date: 6 December 2022

Page 4

LGBT OUT IN THE BAY

Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2022

2022
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
146,112
Charitable activities
Charitable Activities
6,560
Total
152,672
EXPENDITURE ON
Charitable activities
Charitable Activities
102,427
Other
52,157
Total
154,584
NET INCOME/(EXPENDITURE)
(1,912)
RECONCILIATION OF FUNDS
Total funds brought forward
10,174
TOTAL FUNDS CARRIED FORWARD
8,262		 2021
Total
funds
£
52,802
4,420
57,222
17,942
32,621
50,563
6,659
3,515
10,174

The notes form part of these financial statements

Page 5

LGBT OUT IN THE BAY

Balance Sheet 31 MARCH 2022

2022
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
1,848
CURRENT ASSETS
Cash at bank and in hand
5,714
CREDITORS
Amounts falling due within one year
9
700
NET CURRENT ASSETS
6,414
TOTAL ASSETS LESS CURRENT
LIABILITIES
8,262
NET ASSETS
8,262
FUNDS
11
Unrestricted funds
8,262
TOTAL FUNDS
8,262		 2021
Total
funds
£
2,224
7,950
-
7,950
10,174
10,174
10,174
10,174

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 6

continued...

LGBT OUT IN THE BAY

Balance Sheet - continued 31 MARCH 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 6 December 2022 and were signed on its behalf by:

R Mee - Trustee

The notes form part of these financial statements

Page 7

LGBT OUT IN THE BAY

Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

INCOME

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

EXPENDITURE

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% at cost

TAXATION

The charity is exempt from corporation tax on its charitable activities.

FUND ACCOUNTING

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 8

continued...

LGBT OUT IN THE BAY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2022

2. DONATIONS AND LEGACIES

3.

4.

Grants
Sponsorship
Grants received, included in the above, are as follows:
Other grants
INCOME FROM CHARITABLE ACTIVITIES
Activity
University income
Charitable Activities
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 2022
£
97,695
48,417
146,112
2022
£
97,695
2022
£
6,560
2022
£
1,576		 2021
£
25,137
27,665
52,802
2021
£
25,137
2021
£
4,420
2021
£
1,180

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

6. STAFF COSTS

No staff received more than £60,000 in remuneration during the financial year. Average number of employees in the year was Seven.

Page 9

continued...

LGBT OUT IN THE BAY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2022

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 52,802
Charitable activities
Charitable Activities 4,420
Total 57,222
EXPENDITURE ON
Charitable activities
Charitable Activities 17,942
Other 32,621
Total 50,563
NET INCOME 6,659
RECONCILIATION OF FUNDS
Total funds brought forward 3,515
TOTAL FUNDS CARRIED FORWARD 10,174
8. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 April 2021 3,575
Additions 1,200
At 31 March 2022 4,775
DEPRECIATION
At 1 April 2021 1,351
Charge for year 1,576
At 31 March 2022 2,927
NET BOOK VALUE
At 31 March 2022 1,848
At 31 March 2021 2,224

Page 10

continued...

LGBT OUT IN THE BAY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2022

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans and overdrafts (see note 10)
10.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
11.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS		 2022
2021
£
£
(700)
-
2022
2021
£
£
(700)
-
Net
movement
At
At 1/4/21
in funds
31/3/22
£
£
£
10,174
(1,912)
8,262
10,174
(1,912)
8,262
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
152,672
(154,584)
(1,912)
152,672
(154,584)
(1,912)
Net
movement
At
At 1/4/20
in funds
31/3/21
£
£
£
3,515
6,659
10,174
3,515
6,659
10,174

Page 11

continued...

LGBT OUT IN THE BAY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2022

11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 57,222 (50,563) 6,659
TOTAL FUNDS 57,222 (50,563) 6,659

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1/4/20 in funds 31/3/22
£ £ £
Unrestricted funds
General fund 3,515 4,747 8,262
TOTAL FUNDS 3,515 4,747 8,262

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
209,894
(205,147)
4,747
209,894
(205,147)
4,747

Page 12

continued...

LGBT OUT IN THE BAY

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2022

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

Page 13

LGBT OUT IN THE BAY

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2022

INCOME AND ENDOWMENTS
Donations and legacies
Grants
Sponsorship
Charitable activities
University income
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Pensions
Light and heat
Events
Other
Rent
Travel & Refreshments
Consultancy
Support costs
Management
Insurance
Telephone
Marketing & Promotion
Sundries
Accountancy
Training
Finance
Computer equipment
Information technology
Repairs & IT costs		 2022
£
97,695
48,417
146,112
6,560
152,672
45,008
498
2,010
43,408
90,924
5,000
36,335
10,822
52,157
677
1,589
695
1,813
2,304
49
7,127
1,576
2,800		 2021
£
25,137
27,665
52,802
4,420
57,222
-
-
900
5,128
6,028
4,320
19,440
8,861
32,621
557
654
2,164
1,456
1,272
3,258
9,361
1,180
1,373

This page does not form part of the statutory financial statements

Page 14

LGBT OUT IN THE BAY

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2022

Detailed Statement of Financial Activities
FOR THE YEAR ENDED 31 MARCH 2022
Total resources expended
Net (expenditure)/income		 2022
£
154,584
(1,912)		 2021
£
50,563
6,659

This page does not form part of the statutory financial statements

Page 15

(HIRllY Trustees, Annual Report for the period P8riod slart dat8 Day l Mcn-.h Period end dale Day Year 2Q21 From Year 2022 i March Section A Reference and administration details Charlty name LGBT OUT IN THE BAY Other nawe8 charlty Is known by LGBT OITB Reglstered charlty number (It any) 1153064 Charfty's prlnclpal address Room 1, 3 Northumberland Street Morecambe Lancashire Postcode LA4 4AU Names of the charty trustees who manage the charlty Offlce (K any) Datr$ acted If nol for whole Nome of prson (or body) entltled rf•n Ms K James Ms J Thomson M Johnson N Elder Resigned 2810212022 10 12 13 14 15 16 17 18 19 20 Names of tho trustees for the charlty. il anyj (for example. any custodlan trustees) Name Dates acted11 not for whole TAR March 2012

and addresses of advlsers (Optlonal informatlon) of adviser Nalne Address Name of chlef executlve or name$ ot senlor statt members (Optlonal information) Section B Structure, overnance and mana ement Descriptlon of the charlty'g trusts Constitution Type of governing documenl leg IfLlS aee(i. consirtul I, How the charity is conslittited leg. i. assDciaTion. corrip: Charitable Incorporated Organisation Trust8e selection methods IL'il. c4Trpuiiiieo oy. cieupn ' Ap￿int8d by resolution at a prop8rfy convened meeting of the thaiity trustees. Addttlonal governance Issues (Optlonal inlormation) You may choose to indude additional infomiation, where relevant. about: poIici8s and procedures adopted for the indudion and training of trLJSte8S- the charity's organisational structure and any wider nelwork with which the charlty works: relationship with any related truste85' wnsidaration of major risks and the system and procedures lo manage th8m. Section C ectives and activities To promot8 equality and diversity for the public benefit and in particular, the elimination of discriminalion on the grounds of sexual orientation and gender identty of those livlng in the Lancast8r, Morecamb8 Bay a￿1 surrounding areas. Summary ot the objects of Ihe charlty set out In Its govemlng document TAR March 2012

The truslees have had regard to the guidanca issued by the Charity Commission on public b8nefit when making decisions. Aclfvities undertaken include: the elimlnalion of discrimination on the grounds ol race, gender. disability, sexual orientation or religion, advancing education and raising awareness in equality and dtversty, promoting activitres to foster understanding between people from diverse backgrounds. cultivatlng a sentiment in favour of 8quality and diversty. and, cr8aling a sale and welcoming 8nvironment wh8re people can explore verbally and express Iheir sexualtly or gender identity. Surnmary of the maln activltles undertaken for the publlc benefit In relatlon lo these objects (Include wlthin thls secllon the slalutory declaratlon that trustees have had regard to the guldance Issued by the Charlty Commisslon on publlc benefft) Addltional delalls of oblectlves and actlvitfes (Optlonal Informatlon) You may choose to include furth8r slatements, wher8 relevant, about- policy on grantmaking,. policy progTrrnme related investment- • contribution made by volunteers. TAR March 2012

Section D Achievements and performance Activities undertaken during the year, incurred a deficrt In net cash funds of £1,912 and r8sulted in total cash funds of £5,462 at 31 March 2022. Summary ot the maln achlevements of the charlty durlng the year TAR March 2012

Section E Financial review To maintain a healthy reserve balance to aid towards future sustalnability of the charity. Brief statement of tha charlty's pollcy on reserves Detalls of any lurKls materially In deflclt None Further financial revlew detalls (Optlonal informatlon) You may choose to include addilional information, where relevant about.. the charily's principal sources of furKls {including any fundraising). how 8xwnditure has supported th8 key objectives ol the charity. investment pollcy and objecaives including any ethical investmeni policy adopted. Section F Other optional information Section G Declaration The tru5tses declare that they have approved the trustees. report ab Slgned on behall of the charlty's trustees Signature(s) Full name(s) Posttlon (eg Secretary, Chalr, etc) Robert Mee CEO Data TAR MarGh 2012