**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: - do all we can to ensure that fundraisers and volunteers working with us to raise funds - comply with the Codes and with this Promise. - comply with the law including those that apply to data protection, health and safety and the environment. - are clear about who we are, what we do and how your gift is used. - give a clear explanation of how you can make a gift and amend a regular commitment. - respect the rights, dignities and privacy of our supporters and beneficiaries. - will not put undue pressure on you to make a gift and if you do not want to give or wish to cease giving, we will respect your decision. - If you tell us that you don't want us to contact you in a particular way we will not do so. - do not use any images or words that cause unjustifiable distress or offence. - take care not to cause unreasonable nuisance or disruption. 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 3. 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 4. 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 - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 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