LGBT Out in the Bay STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2024 Charity Registration Number 1153064 WATERS & ATKINSON CHARTERED ACCOUNTANTS THE OLD COURT HOUSE CLARK STREET MORECAMBE LA4 SHR
LGBT Out in the Bay YEAR ENDED 1 April 2024 Contents Trustees, Report Receipts and Payments Account Statement of Assets and Liabilities Independent Examiner's Report
LGBT Out in the Bay REPORT OF THE TRUSTEES The Trustees present their annual report for the year ended 1 April 2024. 1. Le al and Administrative Information The Charity is known as LGBT Out in the Bay. 11 is a registered charity, with the registered number of 1153064. The Charity is governed by a constitution dated 24 July 2013 and its objectives are to promote equality and diversity for LGBT community within the areas of Morecambe and Lancaster, Lancashire. The Trustees have asked Mr Damien Sissons of Waters & Atkinson to act as the Independent Examiner under the Charities Act 2011. 2. Trustees The Trustees in office al the end of the year were as follows.. Robert Mee Karen James Maria Hryniw Liam Sean Carroll Jolanla Cross Hardeep Kang Chair Trustee Trustee Trustee Trustee Appointed 5 August 2023 Appointed 5 August 2023 Appointed S August 2023 Appointed 5 August 2023 Trustee One resignation noted in the year, that of Nicola Elder who resigned 2 April 2023. Truslees are selected from within the local area who have also expressed an interest in being involved in the running of the group. All Iruslees have read the Charity Commission guidance and all are invovled with running the charty within the compliance of the Charity Commission. 3, Activitlès The promotion of equality and diversity for the public benefit by LGBT out in the bay (lesbian, gay, bisexual and Irans gender)., la) the elimination of discrimination on the grounds of race, gender. disability, sexual orienlalion or religion., Ibl advancing education and raising awareness in equality and diversity,. Ic} promoting activities to foster understanding beeen people from diverse backgrounds Idl conducting or commissioning research on equality and diversity issues and publishing the results to the public.. le) cultivating a sentiment in favour of equality and diversity. lfj open to anyone, in particular the LGBT cornmunity Igl within the Lancaster dislrict although open to anyone from any area who wishes lo access our service. Ihl Creating a safe and welcoming environment where people can explore verbally and express their sexuality or gender identity. To relieve members ofthe LGBT+ community who are in need as a consequence of being homeless, in particular but not exclusively, people with severe and enduring mental illness, people with learning disabilities and people with other associated complexities and needs. 4. Policies a) Risk Management The Trustees regularly review the major risks associated with the charity and have developed an action plan to minimise and effectively manage those risks. Due to this being an LGBT+ charity we continually are needing to improve security and monitor data protection in order lo manage the risks to our members. Continued.............................. Page I
LGBT Out in the Bay REPORT OF THE TRUSTEES (continued b} Res&rves The charivs principal source of fundin9 includes those of National lottery , Lancaster council , Morecambe town council, Thermos Fisher , Red Rose Recovery. Lancaster University, University of Cumbria, funded by uk government, Lancashire viclims seNices, The Calico Group, Lancashire fire services, Lancaster Bid and Lancaster Brewery. It is the intention of the Trustees that the funds received and raised are used for the good of the LGBT+ community. We held a reserve of £4,711 at the year end. 5. Financial Review Being a small Charity, the accounts have been prepared on the basis of amounts received and paid during the year. The Statement of Assets and Liabilities lon page 4) does however show the amounts owed lo. and owing by the Charity al the end of the year. The Board of Trustees closely monitor spending and income streams on a day lo day basis and these are also reviewed at the AGM. 6. Achievernents and Performanc8 During the last year we have continued to provide the housing project for 18-25s for LGBTQ+ people called No Labelz. Our LGBT Out in the Bay project has seen a rise in demand for counselling and 1-2-1 support work - keeping up with demand has been a struggle. We are continuing with our community project- currènuy supplying anyone with free breakfast and a brew. Lancaster and Morecambe Prides werè delivered with success. We have sought out more partners lo work with us, which makes us more robust in challenging times. Once again we have raised money to support the projects. We now need to be more strategic and open to new ways ofworking. 7. Non-disclosure of ke ersonnel details Due to this being an LGBT+ charity and some hate we received at Morecambe Pride and an increased hale within society for our broader family- we now reserve the right lo withhold personal information. Signed on behalf of the Trustees Trustee 27....-...?.-...2.0.+ Date Princi al Office.. 30-32 Claremont Road Morecambe Lancashire LA4 4HL Page 2
LGBT Out In the Bay RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 1 APRIL 2024 Total 2024 Total 2023 Unrestricted Restricted INCOMING RESOURCES Income from charitable activitles Grants Sponsorship University income Other income 136.560 37.980 136,560 49,680 112.697 46,829 999 4.987 11.700 7,390 2,509 9.899 19,090 177,049 196,139 165,512 RESOURCES EXPENDED Charitable expenditure Cost of Providing Services (Charitable Activities} Staff Wages PAYE and Pension payments Events Rent & Utilities Travel & Refreshments Consultancy Insuranc8 Telephone & Intemel Marketing & Promotion Sundries Training Repairs & IT costs Cleaning Loan repayments 35,494 14,713 56,690 52,234 11,049 35.494 14,713 58,690 52,234 12,142 32.813 3,063 34.203 36,318 33,494 1,341 2,628 2,783 1,712 4,544 300 3,864 1,093 2,529 3,762 3,137 6,019 1,298 3.621 730 5,507 196.781 2,529 3,762 4,137 6,041 1,298 3,621 730 5,507 198,895 1,000 22 1,957 159,021 2,115 Resources Expended on Managing & Governance Costs Independent Examination & Accountancy 1,858 198,639 1,858 200,753 2.880 161.901 2,115 NET INCOME I EXPENSES FOR YEAR 16,976 21,590 4,614 3.612 Transfer between funds 116,976} 16,976 4,614 4.614 3,612 NET INCOME I EXPENSES FOR YEAR Balances at the start of the year Balances at the end of the year 9,325 4,711 5.713 9.325 Represented by: Bank 4,711 4,711 9.325 9,325 Page 3
LGBT Out in the Bay STATEMENT OF ASSETS AND LIABILITIES AS AT 1 APRIL 2024 2024 2023 Fixed Assets Tangible assets 2,253 1.848 Monetsry Assets Cash al Bank 4,711 6,964 9,325 11,173 Liabilities Bounce Back Loans Accruals.. Independent Examinerfs Fees PAYEINIC Other 33,727 37,470 978 995 1.237 103 34,808 39,702 NOTE Fixed As$e Items of office equipment, together with all other equipment, arè written off in the year of purchase in view of their limited useful life. The annual cost of replacing Ihese items is therefore charged lo Ihe Receipts and Payments Account. Approved and slgned on behalf of the Trustees: Trustee Truste¢ .2.7.:.1-..50...2-f_........ Date Page 4
LGBT Out in the Bay CHARITY REGISTRATION NUMBER 1153064 INDEPENDENT EXAMINER'S REPORT Inde endent Examlner's Re ort to the Trustees of LGBT Out in the Ba I report lo the charity trustees on my examination of the accounts of the charity for the year ended 1 April 2024 which are sel out on pages 1 to 4. Res onsibilities and basis of re ort As the charity's Iruslees you are responsible for the preparation of the accounts in accordance with the requiremenls of the Charities Act 2011 I'lhe Acl'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in arrying out my examination I have found all the applicable Directions given by the Charity Commission under section 14515}{b) of the Act. Inde endent Examlner's Statement I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the accounts do not accord with those records. Ihaven should ncerns and have come across no other matters in connection with the examination lo which attention rawn in this report in order lo enable propef understanding of the accounts to be reached. 30 11..(tF...... ssons B Dat8 Waters & Atklnson Chartered Accountants The Old Court House Clark Street Morecambe LA4 SHR Page 5