**Charity registration number 1157508 (England and Wales)** 

## **BLACKPOOL PRIDE FESTIVAL** 

**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** 



## **BLACKPOOL PRIDE FESTIVAL** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

## **Trustees** 

S Cheston V L Roberts A L Buckley Mr P D Day 

**Charity number (England and Wales)** 1157508 **Independent examiner** Champion Accountants LLP Unit 2 Olympic Court Whitehills Business Park Blackpool Lancashire FY4 5GU 



## **BLACKPOOL PRIDE FESTIVAL** 

## **CONTENTS** 

||**Page**|
|---|---|
|Trustees' report|1 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8 - 14|





## **BLACKPOOL PRIDE FESTIVAL** 

## **TRUSTEES' REPORT** 

## _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

The trustees present their annual report and financial statements for the year ended 31 August 2024. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". 

## **Objectives and activities** 

The objects of the charity are the promotion of equality and diversity for the public benefit across Blackpool, Wyre and Fylde by:- 

- in particular, but not exclusively, promoting and staging an annual LGBT festival with additional smaller events throughout the area of benefit with the support of the local LGBT business and volunteer community; 

- cultivating a sentiment in favour of equality and diversity in particular through celebrating the diversity of the LGBT community in the area of benefit; 

- uniting the LGBT community, together with their family and friends, so they can feel safe, welcomed and proud to be themselves at our events; 

- advancing education and raising general awareness among the public about the issues and challenges facing the lives of the LGBT community in the area of benefit; 

- associating with voluntary, public and private sector organisations to develop and maximise the effectiveness of the charity for LGBT people in the area of benefit; 

- applying capital or revenue for the benefit of charities or charitable projects, that support the LGBT community in the area of benefit; 

as the trustees shall, in duly constituted meetings, from time to time direct. 

LGBT stands for lesbian, gay, bisexual and transgender people, and refers to sexual orientation and gender reassignment, both protected characteristics under the Equality Act 2010. 

## _Public benefit_ 

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. 

- 1 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **TRUSTEES' REPORT  (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

## **Achievements and performance** 

This year marked a historic milestone as we hosted our first-ever two-day outdoor Pride celebration on Princess Parade, Blackpool Promenade, on the 8th and 9th of June. The event was a vibrant celebration of diversity, inclusion, and community spirit. 

## **Listening to Our** 

**Community** 

Following heartfelt feedback from our community, it became clear that there was a strong desire to return Pride to an outdoor setting—visible, accessible, and proudly situated on Blackpool’s iconic promenade. In response, we committed to making this vision a reality. 

## **Fundraising &** 

## **Support** 

We tirelessly fundraised throughout the year to raise the necessary funds to bring Pride back outside. Thanks to the incredible support of our community, sponsors, and partners, we succeeded in securing enough funding to host the event on Princess Parade. This achievement reflects the power of collective effort and the importance of listening to those we serve. 

## **Record-Breaking** 

## **Sponsorship** 

We were proud to bring on board more sponsors than Blackpool, Wyre & Fylde Pride has ever had before. This year, we welcomed a fantastic mix of local businesses and national brands, including Tesco, Beaverbrook’s, and Glasdon. Their support not only helped make the event possible but also demonstrated a growing commitment to LGBTQ+ inclusion across all sectors. 

## **Growing** 

## **Our** 

**Team** 

We are pleased to announce that we have continued to grow our committee, bringing on board new volunteers who are dedicated and passionate about making Blackpool, Wyre & Fylde Pride something our town and community can be proud of. We now have specific roles within the committee to help streamline our efforts and build a stronger foundation for the future. These roles include Fundraising Lead, Entertainment Coordinator, Youth Pride Coordinator, and more. This structure has allowed us to work more efficiently and deliver a more impactful event. 

## **Wider Community** 

**Engagement** 

This year, we have seen a significant increase in the number of entertainment and hospitality venues around the town that have come on board to support Pride. What’s particularly exciting is the shift in participation—from primarily LGBTQ+ venues to a broader range of businesses across Blackpool. This change reflects the town’s growing commitment to inclusivity and its celebration of diversity, showing that Pride is truly becoming a communitywide event. 

## **Youth** 

**Pride** 

Through the support of sponsors and our year-round fundraising efforts, we were thrilled to fully fund **Youth Pride** and make it completely free for the young people of Blackpool. Youth Pride is an integral part of our event, ensuring we create a safe, welcoming space where young people feel a sense of belonging. It also provides access to vital support services and resources that they may need. We are proud to continue investing in the next generation and ensuring they feel seen, supported, and celebrated. 

## **Event Highlights** 

- **Attendance** : Over 3,000 people attended the festival across the weekend, making it one of our most successful events to date. 

- **Parade** : Our Pride Parade featured 30 organisations and groups, making it the biggest parade in Blackpool, Wyre & Fylde Pride’s history. 

## · **Entertainment** : 

- _Saturday_ featured performances by The Cheeky Girls, Deeper Shade of Blue, VengaLive, Sassitude, Jenny Ball, HerHouse DJs, Johnny Wright, and Lee Anthony. 

- _Sunday_ was headlined by RuPaul’s Drag Race stars, Cara Melle, Sum Ting Wong, and Alexis Saint Pete, along with the award-winning ABBA tribute act, _Kiss the Teacher_ . 

**Safety & Accessibility** 

Working closely with the council and emergency services, we ensured a safe and welcoming environment for all. Accessibility was a key focus, with inclusive facilities and viewing areas provided. 

- 2 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **TRUSTEES' REPORT  (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

## **Financial review** 

The results for the year are set out in the Statement of Financial Activities. The charity incurred a deficit for the year amounting to £3,689 ( 2023 : surplus £1,766). At the Balance Sheet date, total reserves amounted to £6,283  (2023: £9,972), being unrestricted funds. 

Organising the festival required an investment exceeding £80,000, covering staging, sound, lighting, security, first aid, and more. We are deeply grateful to our sponsors, donors, and fundraising partners who support made this event possible. 

## _Reserves policy_ 

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has not been maintained throughout the year due to the nature of activities. The main focus of the charity is to stage an annual Pride Festival, and fund raising is carried out towards this each year. Once the Festival has taken place, the charity operates on very limited funds until such time as major sponsorship and ticket sales commence again. 

## **Plans for future periods** 

The success of 2024 has set a new benchmark for our Pride celebrations. We are already planning for 2025, with a commitment to making the event even more inclusive, sustainable, and community-driven. 

## **Structure, governance and management** 

The charity is a charitable incorporated organisation. 

The trustees who served during the year and up to the date of signature of the financial statements were: S Cheston 

V L Roberts A L Buckley Mr P D Day 

## _Recruitment and appointment of trustees_ 

New trustees are appointed by the existing Board and selected by reference to their specific skills set that would compliment the other trustees. New trustees are referred to guidance from the Charities Commission in respect of their responsibilities. 

The trustees meet at least 3 times per year and play a crucial role in the direction and vision for the charity and organisation of the annual festival. 

## _Organisational structure_ 

The trustees are responsible for organising the main event, along with the wider committee. All trustees have specific roles e.g. Youth Pride, Entertainment. Going forward trustees will be more advisory and quality assurance focussed and the committee will carry out the day to day work. 

## **Acknowledgements** 

We extend heartfelt thanks to our volunteers, performers, sponsors, and every individual who contributed to making this festival a success. Your passion and dedication are the heartbeat of Pride. 

- 3 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **TRUSTEES' REPORT  (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

The trustees' report was approved by the Board of Trustees. 

## Sara Cheston 

S Cheston **Trustee** 

26 June 2025 

- 4 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLACKPOOL PRIDE FESTIVAL** 

I report to the trustees on my examination of the financial statements of Blackpool Pride Festival (the charity) for the year ended 31 August 2024. 

## **Responsibilities and basis of report** 

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. 

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. 

## **Independent examiner's statement** 

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. 

- 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 that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. 

- 2 the financial statements do not accord with those records; or 

- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. 

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 financial statements to be reached. 

## **Champion Accountants LLP** 

Unit 2 Olympic Court Whitehills Business Park Blackpool Lancashire FY4 5GU 26 June 2025 

- 5 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** 

## _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

|**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2024**<br>**2024**<br>**Notes**<br>**£**<br>**£**<br>**Income and endowments from:**<br>Donations and legacies<br>**3**<br>23,364<br>-<br>Other trading activities<br>**4**<br>32,104<br>22,400<br>Other income<br>**5**<br>542<br>-<br>**Total income**<br>56,010<br>22,400<br>**Expenditure on:**<br>Charitable activities<br>**6**<br>59,699<br>22,400<br>**Total expenditure**<br>59,699<br>22,400<br>**Net income/(expenditure) and**<br>**movement in funds**<br>(3,689)<br>-<br>**Reconciliation of funds:**<br>Fund balances at 1 September<br>2023<br>9,972<br>-<br>**Fund balances at 31 August**<br>**2024**<br>6,283<br>-|**Total**<br>**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2024**<br>**2023**<br>**2023**<br>**£**<br>**£**<br>**£**<br>23,364<br>15,218<br>-<br>54,504<br>44,573<br>14,300<br>542<br>1,249<br>-<br>78,410<br>61,040<br>14,300<br>82,099<br>59,274<br>14,300<br>82,099<br>59,274<br>14,300<br>(3,689)<br>1,766<br>-<br>9,972<br>8,206<br>-<br>6,283<br>9,972<br>-|**Total**<br>**2023**<br>**£**<br>15,218<br>58,873<br>1,249|
|---|---|---|
|||75,340<br>73,574|
|||73,574|
|||1,766<br>8,206|
|||9,972|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

- 6 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **BALANCE SHEET** 

## _**AS AT 31 AUGUST 2024**_ 

|**Notes**<br>**Current assets**<br>Debtors<br>**12**<br>Cash at bank and in hand<br>**Creditors: amounts falling due within**<br>**one year**<br>**13**<br>**Net current assets**<br>**The funds of the charity**<br>Unrestricted funds<br>**15**|**2024**<br>**£**<br>1,194<br>6,029<br>7,223<br>(940)|**£**<br>6,283<br>6,283<br>6,283|**2023**<br>**£**<br>6,245<br>4,865<br>11,110<br>(1,138)|**£**<br>9,972|
|---|---|---|---|---|
|||||9,972|
|||||9,972|



The financial statements were approved by the trustees on 26 June 2025 

## Sara Cheston 

S Cheston **Trustee** 

- 7 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **NOTES TO THE  FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

## **1 Accounting policies** 

## **Charity information** 

Blackpool Pride Festival is an unincorporated charity. 

## **1.1 Accounting convention** 

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102. 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows. 

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. 

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. 

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 

## **1.2 Going concern** 

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 

## **1.3 Charitable funds** 

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 

## **1.4 Income** 

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. 

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 

- 8 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

## **1 Accounting policies** 

## **(Continued)** 

## **1.5 Expenditure** 

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. 

## **1.6 Cash and cash equivalents** 

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 

## **1.7 Financial instruments** 

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 

## _**Basic financial assets**_ 

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 

## _**Basic financial liabilities**_ 

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 

## _**Derecognition of financial liabilities**_ 

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. 

- 9 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

## **2 Critical accounting estimates and judgements** 

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 

## **3 Income from donations and legacies** 

||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||**£**|**£**|
|Donations and gifts|23,364|15,218|



## **4 Income from other trading activities** 

|**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>Event ticket sales<br>26,679<br>-<br>Stall and bar revenue<br>5,425<br>-<br>Event sponsorship<br>-<br>22,400<br>Other trading activities<br>32,104<br>22,400|**Total**<br>**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2024**<br>**2023**<br>**2023**<br>**£**<br>**£**<br>**£**<br>26,679<br>38,973<br>-<br>5,425<br>5,600<br>-<br>22,400<br>-<br>14,300<br>54,504<br>44,573<br>14,300|**Total**<br>**2023**<br>**£**<br>38,973<br>5,600<br>14,300|
|---|---|---|
|||58,873|



## **5 Other income** 

||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||**£**|**£**|
|Other income|522|1,090|
|Merchandise sales|20|159|
||542|1,249|



- 10 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

## **6 Expenditure on charitable activities** 

|||**Charitable**|**Charitable**|
|---|---|---|---|
|||**expenditure**|**expenditure**|
|||**2024**|**2023**|
|||**£**|**£**|
||**Direct costs**|||
||Merchandise|(2)|668|
||Event production costs|77,279|68,359|
||Volunteer expenses|-|36|
||Event consumables|175|144|
||Traffic management costs|800|800|
||Printing, posting, stationery & advertising|563|647|
||Insurance|1,420|582|
||Computer running costs|353|303|
||Travel expenses|297|1,691|
||Other charitable expenditure|314|344|
|||81,199|73,574|
||**Share of support and governance costs (see note 7)**|||
||Governance|900|-|
|||82,099|73,574|
||**Analysis by fund**|||
||Unrestricted funds|59,699|59,274|
||Restricted funds|22,400|14,300|
|||82,099|73,574|
|**7**|**Support costs allocated to activities**|||
|||**2024**|**2023**|
|||**£**|**£**|
||Governance costs|900|-|
||**Analysed between:**|||
||Accountancy charges|900|-|
|**8**|**Net movement in funds**|**2024**|**2023**|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|900|-|



- 11 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

## **9 Trustees** 

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 

## **10 Employees** 

The average monthly number of employees during the year was: 

||**2024**|**2023**|
|---|---|---|
||**Number**|**Number**|
|Total|-|-|



There were no employees whose annual remuneration was more than £60,000. 

## **11 Taxation** 

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 

## **12 Debtors** 

|**Amounts falling due within one year:**<br>Trade debtors<br>Other debtors<br>Prepayments and accrued income<br>**13**<br>**Creditors: amounts falling due within one year**|**Amounts falling due within one year:**<br>Trade debtors<br>Other debtors<br>Prepayments and accrued income<br>**13**<br>**Creditors: amounts falling due within one year**|**2024**<br>**£**<br>502<br>475<br>217<br>1,194|**2023**<br>**£**<br>3,626<br>2,419<br>200|
|---|---|---|---|
||||6,245|
|||||
||Trade creditors<br>Accruals and deferred income|**2024**<br>**£**<br>40<br>900<br>940|**2023**<br>**£**<br>586<br>552|
||||1,138|



|**Creditors: amounts falling due within one year**|||
|---|---|---|
||**2024**|**2023**|
||**£**|**£**|
|Trade creditors|40|586|
|Accruals and deferred income|900|552|
||940|1,138|



- 12 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

## **14 Restricted funds** 

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. 

||**At 1**|**Incoming**|**Resources**|**At 31 August**|
|---|---|---|---|---|
||**September**|**resources**|**expended**|**2024**|
||**2023**||||
||**£**|**£**|**£**|**£**|
|Pride event sponsorship|-|22,400|(22,400)|-|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**At 31 August**|
||**September**|**resources**|**expended**|**2023**|
||**2022**||||
||**£**|**£**|**£**|**£**|
|Pride event sponsorship|-|14,300|(14,300)|-|



Restricted funds comprise sponsorship given for the production of the Pride Festival. 

## **15 Unrestricted funds** 

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. 

||**At 1**|**Incoming**|**Resources**|**At 31 August**|
|---|---|---|---|---|
||**September**|**resources**|**expended**|**2024**|
||**2023**||||
||**£**|**£**|**£**|**£**|
|General funds|9,972|56,010|(59,699)|6,283|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**At 31 August**|
||**September**|**resources**|**expended**|**2023**|
||**2022**||||
||**£**|**£**|**£**|**£**|
|General funds|8,206|61,040|(59,274)|9,972|



- 13 - 



## **BLACKPOOL PRIDE FESTIVAL** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## _**FOR THE YEAR ENDED 31 AUGUST 2024**_ 

|**16**|**Analysis of net assets between funds**||
|---|---|---|
|||**Unrestricted**|
|||**funds**|
|||**2024**|
|||**£**|
||**At 31 August 2024:**||
||Current assets/(liabilities)|6,283|
|||6,283|
|||**Unrestricted**|
|||**funds**|
|||**2023**|
|||**£**|
||**At 31 August 2023:**||
||Current assets/(liabilities)|9,972|
|||9,972|



## **17 Related party transactions** 

There were no disclosable related party transactions during the year (2023 - none). 

- 14 - 

