## **Treasurers Annual Report**
Year End 31st August 2023 Report Dated : 01st September 2023
Its’ has been a difficult year for Blackpool Pride Festival, however the committee has still managed to put on two major events in the town.
Event sponsorship & general donations were done significantly on the previous year, however event ticket sales remains constant. Increased interest in the events also meant that stall income was up. Total turnover for the year stands at just over 72k.
Due to the way the summer pride of 2022 was structured it is difficult to make accurate comparisons in regards to live entertainment costs, sound and lighting etc. Overall spend for costs of sales stand at 69.6k, lower that the previous year. Most of this is due to the relocation of the summer pride event to the Winter Gardens, meaning staging costs etc were significantly lower.
Administrative costs have also been lower for the year 22-23, with lower international travel costs for artists.
In the year 22-23 pride made a loss of 1,032.51 compared to the previous years profit of 2,994.66. This will be due to the lower sponsorship and general donations achieved in the financial year.
We are looking forward to planning Pride 2024. A number of events are already being planned for fundraising including a Rainbow Weekend in February.
Ian Davies Treasurer Blackpool Pride Festival
## **Profit and Loss**
## **Blackpool Pride Festival For the year ended 31 August 2023**
|**Profit and Loss**
**Blackpool Pride Festival**
**For the year ended 31 August 2023**||
|---|---|
||**2023**|
|**Turnover**||
|200 - Event Sponsorships|14,300.00|
|201 - General Donations|15,217.57|
|202 - Event Tickets|38,972.89|
|203 - Merchandise Sales|158.84|
|204 - Stall Revenue|5,600.00|
|260 - Other Revenue|1,077.00|
|270 - Interest Income|13.44|
|**Total Turnover**|**75,339.74**|
|**Cost of Sales**||
|310 - Cost of Goods Sold|667.50|
|325 - Direct Expenses|300.00|
|326 - Event Venue Hire Costs|4,800.00|
|327 - Food & Beverage Costs|2,625.00|
|328 - Live Entertainment Costs|32,216.30|
|329 - Event Decorations|429.00|
|330 - Health & Safety Costs|396.50|
|331 - Event Security Costs|5,330.18|
|332 - Event Sound & Lighting Costs|19,675.00|
|333 - Event Operational Staffing Costs|2,587.00|
|334 - Volunteer Expenses|35.54|
|335 - Direct Consumables|144.00|
|337 - Traffic Management Costs|800.00|
|**Total Cost of Sales**|**70,006.02**|
|**Gross Profit**|**5,333.72**|
|**Administrative Costs**||
|404 - Bank Fees|31.78|
|425 - Postage, Freight & Courier|15.50|
|429 - General Expenses|312.45|
|433 - Insurance|582.34|
|461 - Printing & Stationery|631.27|
|462 - Xero Costs|303.04|
|493 - Travel - National|306.77|
|494 - Travel - International|1,384.18|
|**Total Administrative Costs**|**3,567.33**|
|**Operating Profit**|**1,766.39**|
|**Profit on Ordinary Activities Before Taxation**|**1,766.39**|
|**Profit after Taxation**|**1,766.39**|
Profit and Loss Blackpool Pride Festival
29 Oct 2023 Page 1 of 1
## **Balance Sheet**
## **Blackpool Pride Festival As at 31 August 2023**
**31 AUG 2023**
## **Current Assets**
||**Cash at bank and in hand**|
|---|---|
||CASH - Cash Account
51.47|
||PBIA - Business Instant Access
0.41|
||PBPL - Club,Charity And Trust Account
4,814.36|
||**Total Cash at bank and in hand**
**4,866.24**|
||610 - Accounts Receivable
3,625.00|
||620 - Prepayments
200.00|
|**Total Current Assets**
**8,691.24**
**Creditors: amounts falling due withinone year**||
|800 - Accounts Payable
585.76||
|820 - VAT
(2,418.70)||
|840 - Historical Adjustment
551.15||
|860 - Rounding
0.66||
|**Total Creditors: amounts falling due within one year**
**(1,281.13)**||
|**Net Current Assets (Liabilities)**
**9,972.37**||
|**Total Assets less Current Liabilities**
**9,972.37**||
|**Net Assets**
**9,972.37**
**Capital and Reserves**||
|960 - Retained Earnings
8,205.98||
|Current Year Earnings
1,766.39||
|**Total Capital and Reserves**
**9,972.37**||
29 Oct 2023 Page 1 of 1
Balance Sheet Blackpool Pride Festival
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the I
accounts
Section A
Independent Examiner's Report
Report to the truste
BLACKPOOL PRIDE FESTIVAL
On accounts forthe year
•nded
ST
31 AUGUST 2023
Charity no
Ilf any)
1157508
Set out on pages
I report to the trustees on my examination of the accounts of the above
charty (Ihe Trust") for the year ended 30kn October 2024.
Responslbllitles and
basls of report
As the chanty's trustees. you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
('the Act.).
I report in respect of my examination of the Trust's accounts carried out
under section 145 of th8 2011 Acl and in carrying out my examination, I
have followed all the applicable Directions given by the Chanty Commission
under section 145{5>lb) of the Aci.
Independent I have completed my examinakn'on. I confimi that no material matter8 have
examiner's statement to my attention in connection wrth the examination (other than that
disdosed belcAv ') which gives me cause to believe that in, any material
respect..
Ihe accounting records were not kept in accordance with section 130
of the Charities Act,. or
the accounts did not accord with the actounting records., or
the accounls did not comply with the applicable requiremenls
conceming the fom and content of xcounts set out in the Charrties
(Accounts and Rewrts) Regulations 2008 otherlhan any requirement
that the accounls give a 'true and fairf wew which is not a matter
considered as part of an independent examination.
I have no (x)nM5 and have corre rOsS 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.
Slgned:
Dat•:
30th October 2024
Name:
Mr Adam Talbot
Relevant professional
qualification(s) or body
lif any):
Ba H(x)s
Address:
Wthitegates Accountants
49 Whrtegate Drive
IER
Oct 2018
Blackp1 FY3 9DG
Section B
Disclosure
Only cnmplete if the examiner needs lo highlight material matters of concern
(see CC32, Independent examinatson of chanty accounts.. directsons and
guidan for examiners).
Givo here brief details of I
any Items that the
examiner wlshos to
dlsclose.
IER
Oct 2018
Balance Sheet
Blackpool Pride Festival
As at 31 August 2023
Cash Basis
Account
31 Aug
2023
Current Assets
Ca¥h *t b•nk •nd in hand
CASH . Cash Account
PBIA- B1$$ Instanl Acrn
PBPL. Club,Charty And Tnjst
Accounl
Totsl Cash at bank •nd In hand
820- Pr•ptym•nts
51.47
041
4.814.38
4,866.24
200.00
5,066.24
T¢tsl Curr•nt Alts
Crndltors: amounts fallln
du• withln on• oar
8CQ. Attounts Pabl
820- VAT
840. HthfI Adju8tm•nt
860. Rounding
10.501
{2.358 541
$51.1S
T¢)tsl Cr•dltorn.' *mounts hlllng du• withln on•
(1,807.231
N•t Cunnt Asmts {Uabllbil••)
1,873.47
Tot•1 A•t% l••* Cun•nt
Li•bllrti
6,873.47
6.873.47
Ital and R•s•rv•s
. R•t•in•d E•mingS
Cuff•nt Year EamirwJs
7.WJS 98
11,032 511
6.•73.47
Totsl CAp1141 •nd R•••ry
IER
Oct 2018
Profit and Loss
Blackpool Pride Festival
For the year ended 31 August 2023
Cash Basis
Account
2023
Turnover
200- Ev8nl Sponsorship$
201- G•n*ral Don&tnS
202 - Ev•nl Tickots
203. Merchandise Sales
204 . Slall Revenue
260- Thts R•inl)ow Lott•ry
270- Int•r*st Inccffl•
Totsl Tumov•r
12.200.CKI
15.217.57
38,972 89
158.84
4,725 00
727.
1344
71014.74
Co•t of Salo8
310- Cost ol Goods Sold
325- Dir•¢t Exp•ns•s
328- Ev•nt V8nu• Hir• Costs
327- Food & Bever8g• Costs
328. ve Enlerlainment Cos
329. Ev•nt O•corations
330- Hoatth & S81thi Costs
331 . Evenl Security Costs
332 - Ev•nl Sound & Lightin9 Cosls
333- Ev•nt Op•rntion81 Staffing Cosls
334. Voluntoer Expenses
335- Oir•ct Consumables
337. Traffic Management Costs
Totsl Co•t of Sal••
&%7.$0
297.17
4.8CQ.C(I
2.625 C(1
32.C66 30
214.50
394 07
5.3CQ 65
19.675 tXI
2,$81.29
35.54
144
800 LXI
69,801.02
Grou Profft
2 413.72
Admlnl•tratlv• Co*t•
404 . Bank Fees
425. Postage, Freight &
429. General Expenses
433. Insuranc
461 Prlnting & Station•ry
462 . Xero Costs
493- Trav?l- Nation81
494 . Tf8v•I- Int•mationo1
Total Admlnl•trntlv• Costs
31.78
15.50
312.45
582.34
631C
303.04
18S94
1,384.18
3.446.23
•rntln
Profft
1032.51
Profrt on ONlin•ry Activiti•• B•ltrr•
Taxatlon
{1,032.511
Profft aft•r T•xatlon
1.OJ2.51
IER
Oct 2018