## **Annual Report 2022**
Charity number: 1161379
28 Bridge Street Chester CH1 1NQ
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
1
## **Contents**
|1.|Reference and Administrative Information ...................................................................................................................... 3|
|---|---|
|2.|The Charity Management Committee: ................................................................................................................................. 3|
|3.|The Chester Pride Charity Committee:................................................................................................................................ 3|
|4.|Independent Examiner: ............................................................................................................................................................ 3|
|5.|Bankers: .......................................................................................................................................................................................... 3|
|6.|Independent Examiner Statement ....................................................................................................................................... 4|
|7.|Our Aims and Objectives .......................................................................................................................................................... 5|
|8.|Annual Review .............................................................................................................................................................................. 5|
|9.|How our activities deliver public benefit ........................................................................................................................... 6|
|10.|Financial Review ................................................................................................................................................................... 10|
|11.|Plans for Future Periods ......................................................................................................................................................... 11|
|12.|Structure, Governance and Management ........................................................................................................................ 11|
|13.|Responsibilities of the Management Committee .......................................................................................................... 12|
|14.|Financial policies .................................................................................................................................................................. 13|
|Financial Statements ......................................................................................................................................................................... 15||
|1.|Audit Exemption Statement .................................................................................................................................................. 15|
|2.|Notes on the preparation of accounts ............................................................................................................................... 15|
|Notes forming part of the Financial Statements for the Year Ended 31stOctober 2022 ........................................... 19||
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
2
## **Chester Pride Annual Report and Financial Statements for Year Ended 31st October 2022**
The Management Committee present the annual report and Financial Statements for the year ended 31st October 2022.
## **1. Reference and Administrative Information**
**Charity Name:** Chester Pride
Charity registration number: 1161379
Company registration number: 08958558
## **Registered Office and operational address:**
28 Bridge Street Chester CH1 1NQ
## **2. The Charity Management Committee:**
Warren Allmark Chair Andrew Foxall Vice-Chair Laura Gilhooley Vice-Chair Sandra Tyrie Director
## **3. The Chester Pride Charity Committee:**
Rachel Walker Amanda Carolan Caleb Maxfield Kate Hutchinson Andrew Arrowsmith Tom Parratt Alexandra Rosu Wes Diggory James Kirby
## **4. Independent Examiner:**
David William Buxton BSc (Jt Hons) FCA Fellow of the ICAEW Buxton Accounting LLP
## **5. Bankers:**
Barclays, Leicester, Leicestershire, LE87 2BB
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
3
## **6. Independent Examiner Statement**
I report on the accounts for the year ended 31 October 2022, which are set out on pages 3 to 21.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the 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.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. that accounting records were not kept as required by section 130 of the Act; or
2. that the accounts do not accord with those records; or
3. that the accounts do not comply with the accounting requirements of the Act; or
4. that there is further information needed for a proper understanding of the accounts.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
## **David William Buxton BSc (Jt Hons) FCA**
Fellow of the ICAEW
Buxton Accounting LLP Chartered Accountants 98 Middlewich Road Northwich Cheshire CW9 7DA
- 5 July 2024
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
4
## **7. Our Aims and Objectives**
## **a. Our Charitable Objects**
The objects of the charity are to promote equality and diversity, advance education and eliminate discrimination in relation to gay, lesbian, bisexual, transgender and otherwise sexual and gender diverse (LGBTQ+) people, in particular, but not exclusively, those resident in Cheshire, North Wales, and Merseyside (the ‘area of benefit’) for the benefit of the public by raising awareness of issues affecting said persons, undertaking support and relief work for said persons, promoting and staging an annual LGBTQ+ festival, the making of grants or donations to other charitable and voluntary organisations working towards similar objects as these objects, and otherwise undertaking any further activity with the object of developing an environment in favour of LGBTQ+ equality.
## **b. Our Mission Statement**
Chester Pride celebrates, supports, and advocates for the LGBT+ community of Cheshire and North Wales. We are community led, responding to the needs and voice of the community we work for. We will celebrate our community’s diversity, and not gatekeep or exclude community members and allies from our activity. We will do what we can to provide the services the community needs and wants, and we will be their voice in creating a society that includes, respects, and dignifies them.
## **c. In one sentence:**
Celebrating, supporting, and advocating for our LGBT+ community.
## **8. Annual Review**
2022 was a promising year for our charity and marked the return of our full event for the first time since 2019. This event was also our 10[th] event and we wanted to mark the occasion with something special. The decision was taken to create a two-day event as a one-off to mark the tenth event. Overall the return of the main event at its usual scale was very welcome, with our charity’s largest attendance level yet. The weather proved to be a challenge, with plus 30 degree heat and sunshine necessitating mitigating actions to protect attendees and volunteers. We enjoyed good support from our sponsors, volunteers, suppliers, and local authority, however, this event proved to be one of the hardest we have ever produced thanks to the weather, fundraising challenges, and the complexities of post-covid logistics. Whilst the charity enjoyed a two day event, it has become extremely clear that the logistics of producing it are too much for our volunteer led team, and as a result, we are unlikely to produce another two day event in the future.
Our support projects remained a strong proposition with the interventions provided by our Just Ask helpline providing much needed support to our community. The biggest challenge this year was with general public engagement outside of the Just Ask and main event work. Provision of community events, social groups, fundraisers and more proved challenging with mixed attendance at our fundraisers and wider support offerings.
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
5
Alongised our largest event, and strong support work, we were particularly pleased with the response to the opening of our own community and café space. It must be acknowledged that it is a challenging economic time to open a new business, but our new Rainbow Tea Rooms space has already proven to be popular with our community and provided us with a safe city centre space to use for our community outreach work. There will be a lot of work to do to make the café a fully viable offering and repay our initial investment, but it already affords us extra value to our charity through our ability to utilise it for our charitable activity.
The economic challenges of 2022 have been many and resulted in a negative year for our financial performance. However, we have little worries about the charity as an ongoing concern thanks to a sound financial plan that should offer ample opportunity to turn the financial performance around, with additional monetising of our main event seeming like a promising avenue.
On behalf of the management committee,
Warren Lee Allmark, Chair
## **9. How our activities deliver public benefit**
## **a. Chester Pride**
2022 saw us host our 10[th] event, and as such we wished to make it a very special experience. For the first time, we switched to a two day event, hosting a family fun day on the second day of the event. The logistics of the event, being across the two days, was extremely challenging but generally very positively received by the public. Our event featured the three stages of entertainment, and the usual community areas, and retained its strong accessibility focus.
Across the two days of the event around 21,000 people attended the event, our highest attendance ever.
- 80% of attendees rated the event ‘Good’ or ‘Excellent’
- 90% rate the accessibility of the event as ‘Good’ or ‘Excellent’
- 96% of attendees felt safe being themselves at the event
## **Attendee Feedback:**
"I love it and it's one of only a handful of times my husband and I go out, out. I have participated in the parade a few times and love the atmosphere and joy it brings to the city."
"It is a wonderful, safe event that has a real family vibe.”
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
6
"Chester Pride as a event firstly means a safe and welcoming community and as a charity and organisation not only means something fantastic and somewhere that cares."
"Family and community coming together - diversity - it doesn’t matter age, gender, sexuality - everyone is treated respectfully. It’s such a wonderful event to attend - well done."
"It's a properly family friendly event where I feel confidently safe as a disabled and autistic part of the community."
"Amazing day, so glad I came. I told everybody about it afterwards! As an older disabled person I felt safe and supported throughout. I enjoyed visiting the Rainbow Tea Rooms on the way - a much needed rest on the way from the station!"
"I'd like to start by saying I'm so glad that Chester Pride exists. I know you all put in a lot of effort and work tirelessly. This year was especially tough with the heat and the last minute change in line up. It was good to see so many options on offer with the various tents and your team and volunteers did excellent work, keeping things running smoothly."
## **b. Just Ask**
2022 was the first full year of operation for our Just Ask helpline, following its launch partway through the 2021 year.
The Just Ask helpline has, by our measures, been going well. The volume of contact has grown steadily but it began to stretch our capacity during 2022.
Contact generally has been predominantly through messaging channels, particularly WhatsApp. Most cases arising from the contacts are short, with some back-and-forth messaging, or a scheduled phone call, and forward referrals or provision of information sufficient to resolve the case.
We have also developed strong partnership links, and referral systems, and created a large database of contacts to ensure that we can be effective in our support.
Of the cases, most are resolved following a final ‘check-in’ from the case manager 21 days after initial contact. If no further support is required after this ‘check-in’ then the case is marked as closed. Longterm support cases are those not closed after 21 days. In 2022 there were:
- 7,375 Contacts
Our support information, and referral system, have been created using local authority boundaries, as where someone is based will dictate what services they can access and be referred to. The geographic breakdown of cases is as follows:
- 50% Cheshire West and Chester
- 31% Wales
- 12% Wirral/Merseyside
- 7% Other - including Cheshire East
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
7
This breakdown matches our previous data from attendees to our events, with Cheshire East being an area we struggle to engage with, largely we believe due to the proximity of most of the county to Manchester and the services there.
The most common themes arising from the cases are:
- 40% Social Isolation
- 25% Mental Health
- 15% Gender Transition
- 7% HIV Related
- 5% Parental Support
We do not track age in too granular a way, dividing contacts into broad categories of Under-18, 18 - 65, and 65+ as these broadly match the divisions between the services that individuals might access. An overwhelming majority of our cases come from adults, with that category skewing toward the younger end (early 20s), and only a handful of older persons making contact with the service. When we have had cases concerning Under-18s, these have often come from their parents seeking support on their behalf; or seeking support in the parenting of an LGBTQ+ young person. But again, the number of these types of cases is limited.
Overall we saw a 103% increase in contacts from 2021 to 2022.
## **c. Christmas Meal**
An additional output of the Just Ask project was the provision of a Christmas Meal for those socially isolated during the 2022 festive season. 20 people attended the meal and were able to socialise and receive support from the Just Ask support worker present.
## **d. The Box Project**
The direct experience of several members of the Chester Pride committee highlighted the need for access to sexual health and menstrual products at short notice. This is a problem that the LGBTQ+ community faces, particularly, as their gender identity may make people uncomfortable in requesting these products; or having to access bathrooms that do not match their gender identity to find these products. Through the Box Project, we worked with the local sexual health service to ensure that nighttime and social venues, such as bars, clubs, cafés, and restaurants, were able to offer some of these products for free through counter-top boxes. The project has also been extended to include services accessed by vulnerable people, or those in need, such as the local authority’s homeless service. Hundreds of these boxes were distributed across the city, from 30 venues across Cheshire West.
## **e. Community Café**
One of our biggest projects to date, we launched the Rainbow Tea Rooms, our own community café, in May 2022. The opening of the café was generously supported by public donations and grant funding, however, extra resources were required to support the opening of the venue. The profits from the venue will be given to the general funds of the charity using the corporate gift aid scheme, but the space within the venue will also allow us to host our events, community groups, fundraisers,
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
8
and external community support services. Initial response to the café has been good, but the business has opened in challenging economic conditions and will need careful monitoring to ensure it remains an asset to the charity.
## **f. Advocacy and Strategic Advising**
Through membership in various strategic groups or advisory boards, we were able to be the voice of the community to raise awareness of the needs of LGBTQ+ people within the specific contexts of the group. For 2022 we were members of the following boards:
- Hate Crime Strategy Group
- Cultural Consortium
- Carers Partnership Board
- Visual Arts Forum
- Mental Health Alliance
- Hospice of the Good Shepherd External Stakeholders Group
## **g. Workshops, Pop-Ups, and Training**
As part of our awareness-raising initiatives, we undertook several workshops, pop-up events, and business training sessions. For 2022 we hosted 14 of these such events. Most sessions were conducted in person, with only a handful based online. The organisations we undertook sessions for were:
- Pheonix Youth Group (Proud Trust) x 2
- University of Chester x 2
- Glyndwr University x 3
- Pride in Wrexham x 1
- Youth Federation x 1
- Cheshire West Voluntary Action x 1
- Belong Housing x 1
- Sykes Cottages x 1
- Queen Park High School x 1
- Rotary Club Northwich x 1
## **h. Hospice Project**
In 2021 Chester Pride was contacted by the three Cheshire Hospices, St Lukes, Cheshire East Hospice, and Hospice of the Good Shepherd, and asked to partner with them on a project to help them develop inclusive practices. Throughout 2022 we have continued providing help and advice to the LGBTQ+ Development Officer and will continue with that work into the next year.
## **i. Projects 1 and 2**
We partnered with Cheshire Dance to provide creative opportunities to LGBTQ+ young people. Sessions initially took place at St Mary’s Without-the-Walls community centre, before moving to the Rainbow Tea Rooms for the second iteration of the project. The project was highly successful,
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
9
engaging around 20 young people in creative practice and exploring LGBTQ+ history, themes on identity, and generally exploring their experiences as LGBTQ+ young people.
## **j. Podcast**
Late in 2022, we launched a podcast to explore topics relevant to the LGBTQ+ community. The first season of the podcast, the ‘Chester Pridecast’, met with a favourable reception and had just over 950 listeners. A second season of the podcast is planned for 2023.
## **10. Financial Review**
2022 has proven to be a challenging year. Although the weather for the main event was warm, it proved to be too much so with highs of 30 degrees. This led to much lower dwell time for event attendees, and therefore reduced bar incomes. Taking this financial setback and adding it onto the investment required for the establishment of the community café has resulted in a large loss for the group, with both the charity and trading subsidiary incurring losses of around £30,000. Revenues for the charitable projects remained strong, however, the end of some funding strands did result in one staff redundancy.
Overall 2022 was extremely challenging and has resulted in a large loss recorded in the charity’s overall financial performance. Confidence remains high for 2023, with a full revenue year for the subsidiary trading company expected to return good results.
## **a. Reserves Policy**
Chester Pride aims to hold enough reserves to cover six months of operation of the charity. Therefore, we will endeavour to hold £80,000 in the bank account to act as an emergency contingency fund.
In 2019 the reserves were released due to the financial burdens of that year. However, the impact of the Coronavirus pandemic has meant that most of the income to the charity this year was restricted in use, including most funds available to the charity at the end of the year. As such the charity has been unable to rebuild its reserves. It remains a priority of the Directors to rebuild the reserves and, if possible, expand them to better reflect the organisation’s growth and realistic expectations of costs.
## **b. Principle funding sources**
The charity receives most of its funding from revenue generating activity related to its main event, however, this funding is generally retained to produce the main event which has largely broken even and generated little profit. The wider charitable activity and support work are currently fully grant funded, but the charity aims to grow trading revenues and identify other means of generating revenue to finance the charitable works and reduce the proportion of grant funding required.
## **c. Investment Policy**
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
10
The charity holds no investments save for £1 of shares within the trading company. There are no funds available for long term investment, but an investment policy will be developed should the charity ever identify surplus funds that may be used for this purpose.
## **11. Plans for Future Periods**
For the most part, the charity has little planned in terms of sweeping changes. The expectation is that many of the charitable activities will continue as they have done as the charity seeks to undertake a year of recovery to address the large loss from the event and recouping of the investment into the trading subsidiary. The charity is likely to introduce a ticket fee to the main event as we seek to monetise what elements of the event we can. It has become clear that running the event as free to attend is no longer sustainable in the face of challenging internal and external financial conditions.
## **12. Structure, Governance and Management**
## **a. Governing Document**
The organisation is a charitable company limited by guarantee, incorporated in 2014 and registered as a charity in April 2015. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
## **b. Recruitment and Appointment of Management Committee**
The directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association, the members of the Management Committee are re-elected at the next Annual General Meeting.
All member of the Management Committee give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in the notes to the accounts.
Due to the charity’s work focused on the LGBTQ+ community, the Management Committee seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body. This is enhanced with a further steering committee made up of LGBTQ+ persons with lived experience of the issues the charity works to address.
Should the need arise to recruit new Directors, the charity will advertise publicly through job sites and social media. Before each recruitment members of the Management Committee will provide a list of their skills, and particular skills will be advertised for. On occasion, individuals may be approached to offer themselves for election to the Management Committee.
## **c. Director Induction and Training**
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
11
Most Directors are already familiar with the practical work of the charity, particularly our annual event. New trustees are invited and encouraged to attend an induction session to familiarise themselves with the charity and the context within which it operates.
These are led by the Chief Executive of the charity. Directors are also provided with various helpful Charity Commission publications and invited to take part in external Trustee training, usually provided by NCVO to reinforce their confidence in their role on the Management Committee. All Directors also receive the Articles and Memorandum of Association, the latest financial report, and the latest management accounts.
## **d. Risk Management**
The Management Committee has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces.
## **e. Organisational Structure**
The charity has a Management Committee of up to 5 members who meet monthly and are responsible for the strategic direction and policy of the charity. At present, the Committee has six members from a variety of professional backgrounds relevant to the work of the charity.
A scheme of delegation is in place and day-to-day responsibility for the provision of the services rests with the Chief Executive along with any staff members. The Chief Executive is responsible for ensuring that the charity delivers the services specified and that key performance indicators are met, and responsibility for the day-to-day operational management of the charity.
## **13. Responsibilities of the Management Committee**
Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practices and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on a going concern basis unless it is not appropriate to assume that the company will continue on that basis.
The Management Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 1985.
The Management Committee is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
12
Members of the Management Committee, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 3.
## **14. Financial policies**
## **a. Income**
- All monies received will be recorded promptly in the cash analysis book and banked without delay (this includes sundry receipts such as payment for telephone calls, photocopying etc.). The Charity will maintain files of documentation to back this up.
## **b. Payments (Expenditure)**
- All expenditure on the charity's business shall be properly authorised and this can be demonstrated.
- The latest approved budget provides the cheque signatories with the authority to spend up to the budgeted expenditure, not beyond it.
- The Charity will not pay any amounts via cheque. All payments will be made by BACS, or card. All bank transfers will be authorised by two mandated Directors.
- Cash payments may be made from petty cash or with the pre-authorisation of mandated Directors or senior staff. However, these payments may only be made upon receipt of the proper payment documentation in advance, and a receipt must be obtained and reconciled with the accounts.
## **c. Payment documentation**
- Every payment out of the Charity's bank accounts will be evidenced by an original invoice (never against a supplier's statement or final demand). That original invoice will be retained by the Charity and filed.
- Wages and Salaries shall be properly documented, with clear authorisation for the employment of a person within the Director’s meeting minutes, and accurate record keeping of payments and deductions through payslips, P60s and other relevant documentation. All employees will be paid within the PAYE and National Insurance regulations.
- All staff appointments/departures will be authorised by the Directors, minuting the dates and salary level. Similarly, all changes in hours and variable payments such as overtime, etc., will be authorised by the Directors.
- Petty cash will always be maintained on the imprest system whereby the Administration Worker is entrusted with a float as agreed by the trustees. When that is expended, a cheque will be drawn for sufficient funds to bring up the float to the agreed sum, the cheque being supported by a complete set of expenditure vouchers, totalling the required amount, analysed as required.
- Occasionally additional Petty Cash floats may be created for specific events or activities (such as the main Chester Pride event) however these will be time limited, with these limits decided by the Directors, and minuted in the relevant meeting notes. The value of this time limited float will be fixed, and at the expiration of the time all leftover monies must be returned to the
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
13
account, and all receipts reconciled against the cash book. As an alternative approach, the size of the main Petty Cash float may vary throughout the year, as required for larger events and activities, but any variances must be approved by the Directors, subject to time limits, and these decisions minuted properly.
- Due to the nature of the Charity’s work, authorisation may be given by the Treasurer for cash purchases to be made from any fundraiser or event cash income. These should be receipted in the same manner as petty cash purchases and reconciled with the cash book when any income is deposited. This manner of making cash purchases must be considered a last resort and only used when there is no petty cash, or Charity debit card available to make these purchases.
## **d. Expenses/Allowances**
The Charity will, if asked, reimburse expenditures paid for personally by staff or volunteers, providing:
- Fares are evidenced by tickets.
- Other expenditure is evidenced by original receipts.
- Car mileage is based on local authority scales.
- No cheque signatory signs for the payment of expenses to themselves.
## **e. Bacs approval/cheque signatures**
- Each bank transfer will be signed by at least two people.
- Any payments signed or authorised by the person to whom it is payable must be counter signed by an unrelated mandate holder.
## **f. Other rules**
- The Charity does not accept liability for any financial commitment unless properly authorised. Any orders placed or undertakings given which are likely to cost the Charity more than £2,000 must be authorised and minuted by the trustees.
- In exceptional circumstances such undertakings can be made with the Chairperson's approval who will then provide full details to the next meeting of the trustees. (This covers such items as the new service contracts, office equipment, purchase, and hire).
- All fundraising and grant applications undertaken on behalf of the organisation will be done in the name of the Charity with the prior approval of the Directors or in urgent situations the approval of the Chairperson who will provide full details to the next Director's meeting.
- The Charity will always adhere to good practice in relation to its finances, e.g., when relevant it will set up and maintain a fixed asset register stating the date of purchase, cost, serial numbers, and normal location of assets. Additionally, the Charity will maintain a property record of items of significant value, with an appropriate record of their use.
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
14
## **Financial Statements**
## **1. Audit Exemption Statement**
For the year ending (31/10/2022), the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
## **2. Notes on the preparation of accounts**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
## a) Basis of accounting
- The financial statements have been prepared in accordance with the Charities SORP FRS102 - second edition
- The accounts have been prepared on an accrual accounting basis.
## b) Fund Accounting
- Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
- Designated funds are unrestricted funds earmarked by the Management Committee for specific purposes.
- Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. They also include the reserve funds, as in line with the above outlined reserves policy.
Accounts prepared by:
Richard Euston, Head of Charity (Charity’s financial officer)
Approved by the charity Directors on 16[th] April 2024 and signed on their behalf by:
Warren Lee Allmark, Chair of Trustees
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
15
## **1. Summary of Financial Activity including Income and Expenditure for the Year Ended 31st October 2022**
|Notes To
The
Accounts
**Income From:**
Donations
6
Income from Charitable Activities
7
Chester Pride Festival
Support services
General/Other
Income from Trading Activities
8
Commercial trading operations
**Total Income**
**Expenditure On:**
Costs of Raising Funds
Commercial trading operations
8
Costs of Goods Sold
10
Other costs of raising funds
10
Expenditure on charitable activities
9
Chester Pride Festival
Support Services
Other
Governance
11
**Total Expenditure**
Net Income / (Expenditure) for the
year
**Net Movement in Funds for the Year**
**Reconciliation of Funds**
Total Funds Brought Forward
**Total Funds Carried Forward**
13|Unrestricted
Funds
£
4,234
97,821
1,114
1,442
64,101
**168,712**
(92,089)
(14,388)
(308)
(97,104)
(1,114)
(7,925)
(385)
**(213,313)**
(44,601)
(44,601)
2,316
**(42,285)**|Restricted
Funds
£
290
7,500
43,100
17,933
-
**68,823**
-
-
-
(7,500)
(66,568)
(17,933)
-
**(92,001)**
(23,178)
(23,178)
21,663
**(1,515)**|Total Funds
2022
£
4,524
105,321
44,214
19,375
64,101
**237,535**
(92,089)
(14,388)
(308)
(104,604)
(67,682)
(25,858)
(385)
**(305,314)**
(67,779)
(67,779)
23,979
**(43,800)**|Total Funds
2021
£
12,041
41,143
38,430
2,371
350
-|
|---|---|---|---|---|
|||||94,335|
|||||
-
-
(547)
(41,458)
(56,880)
(2,660)
(1,191)|
|||||(102,736)|
|||||(8,401)|
|||||(8,401)|
|||||32,380|
|||||23,979|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
16
## **2. Balance Sheet as at 31st October 2022**
|Notes To
The
Account
s
Group 2022
£
**Fixed Assets**
Tangible Assets
17
4,742
Other Debtors
8,875
**Total Fixed Assets**
22
**13,617**
**Current Assets**
Cash in bank and in hand
1,824
Accounts Receivable
19
90
Due from Trading Subsidiary
27,097
**Total Current Assets**
**29,011**
**Liabilities**
20
**Creditors: amounts falling due within one year**
Due to Chester Pride
27,097
Accounts Payable
21,942
Wages Payable
4,370
PAYE/NIC Payable
1,454
Pensions Payable
537
Student Loan Deductions Payable
42
Rounding
(1)
VAT
2,647
**Net Current Liabilities**
**58,089**
**Net Current Assets (Liabilities)**
**(29,078)**
**Total Assets less Current Liabilities**
**(15,461)**
Creditors: amounts falling after more than
one year
23
28,340
**Total Liabilities**
**86,429**
**Net Assets**
**(43,800)**
**Capital and Reserves**
Current Year Earnings
(67,780)
Retained Earnings
23,979
**Total Capital and Reserves**
**(43,801)**|Charity
2022
£
4,742
8,875
**13,617**
1,805
90
27,097
**28,992**
-
21,942
4,370
816
269
36
-
2,647
**30,081**
**(1,089)**
**12,528**
28,340
**58,421**
**(15,812)**
(39,791)
23,979
**(15,812)**|2021
£
1,070
-|
|---|---|---|
|||2,362|
|||26,288
3,306
-|
|||29,594|
|||5,341
61
464
319
38
(1)
1,754|
|||7,976|
||||
|||21,618|
||||
|||23,980|
|||-|
|||7,976|
||||
|||23,980|
|||(8,400)
32,380|
|||23,979|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
17
|**The Funds of the Charity**|||||
|---|---|---|---|---|
|Reserves||-|-|-|
|Restricted Income Funds||(1,515)|(1,515)|-|
|Unrestricted Income Funds||(42,285)|(14,297)|-|
|**Total Charity Funds**|15|**(43,801)**|**(15,812)**|23,979|
## **3. Statement of Cash Flows (Direct Method)**
|Notes To
The
Accounts
**Cash used in operating activities**
Receipts from customers
Payments to suppliers and employees
Cash receipts from other operating activities
**Net Cash Flows from Operating**
**Activities**
**Cash flows from investing activities**
Purchase of tangible fixed assets
Investment in commercial trading activity
Other Debtors
**Cash provided by / (used in) investing**
**activities**
**Cash flows from financing activities**
New Borrowing
Repayment of borrowing
Payroll Journals
Reconciliation
**Cash used in financing activities**
Increase / (decrease) in cash at bank and in
hand in the year
Cash at bank and in hand at the beginning of
the year
**Total cash at bank and in hand at the**
**end of the year**|Group 2022
£
260,586
(314,851)
5,500
**(48,765)**
(4,938)
2,500
(8,875)
**(11,314)**
36,000
(7,660)
7,274
1
**35,615**
(24,463)
26,288
**1,825**|Charity 2022
£
196,486
(222,761)
5,500|
|---|---|---|
|||**(20,776)**|
|||(4,938)
(25,509)
(8,875)|
|||**(39,322)**|
|||36,000
(7,660)
7,274
1|
|||**35,615**|
|||(24,483)
26,288|
|||**1,805**|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
18
## **Notes forming part of the Financial Statements for the Year Ended 31[st] October 2022**
## **4. Details of funds and activities**
|Name of fund or
activity|Designation|Activity
Designation|Description, nature and purposes of the fund or activity|
|---|---|---|---|
|General Fund
Unrestricted
General /
Other
The free reserve and funds for Chester Pride charitable
activity after allowing for all designated funds||||
|Chester Pride
Designated
Chester Pride
Festival
A designated fund allocated from general funds, or through
specific funding (e.g. sponsorship) for provision of the
annual Chester Pride event||||
|Just Ask
Designated/
Restricted
Support
Services
A helpline service, providing advice, support, information
and signposting. The project also provisions events, group
sessions, wellbeing activity, and other miscellaneous activity
with the aim of providing support and social activity for the
LGBTQ+ community||||
|Small Projects
Designated/
Restricted
Support
Services
Project supplying condoms and sanitary products for free
distribution to those in need via social venues. Packs include
information on key support offerings.||||
|CWaC Health
and Wellbeing
Support
Restricted
Chester Pride
Festival
Grant funding for the health, life, and wellbeing zone at our
main event.||||
|CWaC Diversity
and Inclusion
Events Fund
Restricted
Chester Pride
Festival
Grant funding towards the main event from Cheshire West
and Chester Council.||||
|NHS Cheshire
CCG VCSFE
Grant
Restricted
Support
Services
Grant funding for Just Ask service for core costs||||
|CWaC Capital
and Garden
Improvements
Restricted
Support
Services
Grant funding for the creation of an LGBTQ+ inclusive
maternal mental health group as part of Gather Round||||
|Steve Morgan
Foundation
Restricted
Support
Services
Grant award for volunteer related expenses||||
|Asda Foundation
Grant
Restricted
Support
Services
Grant towards the expansion of the Just Ask service||||
|AVOW Wrexham
Winter Pressures
Fund
Restricted
Support
Services
General funding to support the Just Ask project||||
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
19
|Airbus|Unrestricted|General /|Small grant as match funding designated towards general|
|---|---|---|---|
|Community||Other|support activity|
|Awards||||
|HSBC|Restricted|Community|Capital grant towards the establishment of the community|
|Supporting Our||Cafe|café.|
|Community||||
|Grant||||
|Charity|Designated|Support|Sponsorship payments from various local businesses and|
|Sponsorship||Services|organisations to go toward the provision of support activity|
||||in 2022.|
|Event|Designated|Chester Pride|Sponsorship payments from various local businesses and|
|Sponsorship||Festival|organisations to go toward the provision of event activity in|
||||2022.|
## **5. Financial Performance of the Charity**
The consolidated statement of financial activities includes the results of the charity’s wholly owned subsidiary which operates the main event bar and the Rainbow Tea Rooms café. The summary financial performance of the charity alone is:
|Income
Amount gift aided from subsidiary company
Expenditure on charitable activities
**Net Income**
Total funds brought forward
**Total funds carried forward**
**Represented by:**
Restricted income funds
Unrestricted income funds
|**2022**
**£**
173,434
-
173,434
(213,225)
**(39,791)**
23,979
**(15,812)**
(1,515)
(14,296)
**(15,811)**|2021
£
94,336
-|
|---|---|---|
|||94,336|
|||(102,736)
(8,400)
32,380|
|||23,980|
|||21,663
2,316|
|||23,979|
## **6. Donations**
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
20
|Public Donations
Donations for Foodbank Support
Donations from CW&C Member's
Budgets
**Total**
Previous reporting period
Online Donations
Cash Donations
External Fundraising Events
Donations from CW&C Member's
Budget
Donations from Crowdfunder for
Chester Pride cafe
Total|Unrestricted
£
-
-
-
**-**
Unrestricted
£
1,651
3,885
493
6,029|Designated
£
4,046
-
175
**4,221**|Restricted
£
-
303
-
**303**
Restricted
£
-
-
2,375
3,637
6,012|Total 2022
£
4,046
303
175|
|---|---|---|---|---|
|||||**4,524**|
|||||Total 2021
£
1,651
3,885
493
2,375
3,637|
|||||12,041|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
21
## **7. Income from Charitable Activity**
|**Chester Pride Festival 2022**
Cheshire West and Chester Council
Health and Wellbeing Support
CWaC Diversity and Inclusion Events
Fund
M&S Bank Volunteer hours match
funding
Event Sponsorship
Fundraiser Income
Event Trading Pitches
Event Food and Beverage Sales
Refunds for cancelled main stage
performers
**Total Chester Pride Festival**
**Support Services**
NHS Cheshire CCG VCFSE Grant
CWaC Capital and Garden
Improvements
Steve Morgan Foundation 20th
Anniversary Awards Grant
ASDA Foundation Grant
Avow Wrexham Welsh Government
Winter Pressures Fund
EDI Training Delivery
Charity Sponsorship
Item Refunds
**Total Support Services**
**General / Other**
Asset disposal
EDI Training delivery
Xmas Cards Fundraiser
Airbus Community Awards Grant
HSBC Supporting Our Community
Grant
Current account interest
Cashback on card purchases|**Unrestricted**
**£**
-
-
500
-
-
-
-
12,083
**12,583**
-
-
-
-
-
358
-
5
**364**
53
150
75
-
-
64
101|**Designated**
**£**
-
-
-
35,067
2,985
2,565
44,621
-
**85,238**
-
-
-
-
-
-
750
-
**750**
-
-
-
1,000
-
-
-|**Restricted**
**£**
5,000
2,500
-
-
-
-
-
-
**7,500**
27,600
5,000
4,000
1,500
5,000
-
-
-
**43,100**
-
-
-
-
17,933
-
-|**Total**
**2022**
**£**
5,000
2,500
500
35,067
2,985
2,565
44,621
12,083|
|---|---|---|---|---|
|||||**105,321**|
|||||27,600
5,000
4,000
1,500
5,000
358
750
5|
|||||**44,214**|
|||||53
150
75
1,000
17,933
64
101|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
22
|**Total General / Other**
**Total**
Previous reporting period
Postcode Neighbourhood Trust
Cheshire Fire and Rescue Authority
Member's Budgets
Metro Charity
Cheshire West Voluntary Action
Arnold Clark Community Fund
M&S Bank Volunteer Match Funding
Virgin Care Box Sponsorship 2021
M&S Bank Event Sponsorship
Bank of America Event Sponsorship
Bristol-Myers-Squibb Event
Sponsorship
Airbus Event Sponsorship
Fundraiser Revenue
Total|**442**
**13,389**
Unrestricted
£
-
-
-
-
-
500
-
10,000
4,000
2,500
1,500
21,697
40,197|**1,000**
**86,988**
Restricted
£
20,000
5,000
12,430
2,112
1,000
-
1,500
-
-
-
-
-
42,042|**17,933**
**68,533**
Total 2021
£
20,000
5,000
12,430
2,112
1,000
500
1,500
10,000
4,000
2,500
1,500
21,697
82,239|**19,375**|
|---|---|---|---|---|
|||||
**168,910**|
||||||
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
23
## **8. Income earned from other activity**
The wholly owned trading subsidiary Chester Pride Trading LTD is incorporated in the United Kingdom (company number 13400749) and pays all of its profits to the charity under the gift aid scheme. Chester Pride Trading LTD operates the main event bars, Rainbow Tea Rooms café, Bridge St View holiday lets, and all commercial trading operations carried on by Chester Pride
A summary of the trading results is shown below.
The summary financial performance of the subsidiary alone is:
||2022|
|---|---|
||£|
|Turnover|64,101|
|Cost of Operations|(92,089)|
|Net Profit|(27,989)|
|Amount gift aided to the charity|-|
|**Retained in subsidiary**|**-**|
|**The assets and liabilities of the subsidiary**|**were:**|
|Current assets|20|
|Current liabilities|(28,009)|
|**Total net assets**|**(27,989)**|
|||
|Aggregate share capital and reserves|1|
|Previous reporting period||
||Unrestricted|
||£|
|Sale of Goods (merch, food and
beverages)|200|
|Event Ticket Sales|150|
|Total|350|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
24
## **9. Expenditure on Charitable Activity**
|Advertising & Marketing
Bank / Processing Fees
Donations collected for other
organisations
Depreciation Expense
General Expenses
Insurance
IT Software and Consumables
Legal Expenses
Utilities
Postage & Freight
Printing & Stationery
Rent
Repairs and Maintenance
Staff Costs
Subscriptions
Telephone & Internet
Travel - National
Direct Delivery Costs
**Total**|**Chester**
**Pride**
**Festival**
730
862
-
75
3,541
5,964
-
-
-
17
5,442
950
-
-
321
8
236
86,457
**104,604**|**Support**
**Services**
261
23
-
737
111
-
-
-
-
39
224
-
-
62,084
707
1,444
146
1,906
**67,682**|**General /**
**Other**
570
50
113
1,642
2,574
1,602
56
1,150
574
10
260
908
9,500
(1,777)
111
880
119
7,515
**25,858**|**Total 2022**
**£**
1,561
935
113
2,454
6,227
7,566
56
1,150
574
66
5,927
1,858
9,500
60,306
1,139
2,332
501
95,878|
|---|---|---|---|---|
|||||**198,144**|
## Previous reporting period
|Staff Costs
Staff Training
Overheads
Advertising & Marketing
Postage & Freight
Printing & Stationery
Travel - National
Project Costs
Total|Chester
Pride
Festival /
Digital
Pride
-
-
2,181
1,087
99
297
4
31,347
35,015|Just Ask
48,059
243
784
3,936
-
8
234
5,085
58,349|Small
Projects
-
-
228
92
124
683
13
1,520
2,660|Total 2021
£
48,059
243
3,193
5,115
223
988
252
37,952|
|---|---|---|---|---|
|||||96,025|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
25
## **10. Cost of Raising Funds**
|Unrestricted
£
Costs of Good Sold
14,388
Purchase of collection
boxes
43
Subscriptions to
fundraising platforms
265
**Total**
**14,696**
Previous reporting period
Unrestricted
£
Cost of Items for
Crowdfunder Rewards
559
Refund of broken supplies
(12)
Total
547|Restricted
£
-
-
-
**-**
Restricted
£
-
-
-|Total 2022
£
14,388
43
265|
|---|---|---|
|||**14,696**|
|||Total 2021
£
559
(12)|
|||547|
## **11. Governance Costs**
|Staff Costs
Audit and
Accountancy Fees
Software
Subscriptions
Printing and
Stationary
Bank Fees
**Total**|Total 2022
£
-
379
-
-
6
**385**|Total 2021
£
227
150
292
26
496|
|---|---|---|
|||1,191|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
26
## **12. Staff Costs**
|Gross Wages and Salaries
Employers National Insurance
Employment Allowance
Pension Costs
**Net Employee Cost**
**Employee Salary Details**
Head of Charity
Project Officer
Project Coordinator
Charity Intern
**Total**
**Trading Staff Numbers**
Managers
Team Leaders
Cafe Staff|Group 2022
£
99,033
6,112
(5,417)
2,519
**102,248**
**Annual**
**Salary (FTE)**
25,000
20,000
18,000
18,525
**81,525**
1
1
11|Charity 2022
£
57,713
4,243
(3,549)
1,898
**60,306**
**Hours Per**
**Week**
35
24
35
25
**119**|Total 2021
£
46,451
3,264
(1,515)
1,517
49,717
**Actual**
**Salary**
25,000
12,500
18,000
4,750
**60,250**|**Net Pay for**
**Reporting**
**Period**
25,000
12,630
17,929
2,155|
|---|---|---|---|---|
|||||**57,713**|
||||||
## **13. Summary analysis of exp and inc for charitable activities (net movement per project)**
|Costs
Revenue
Income
Direct Grant
Support
**Total**|**Chester**
**Pride**
**Festival**
**£**
(104,604)
101,020
(3,584)
7,500
**3,916**|**Support**
**Services**
**£**
(67,245)
1,114
(66,131)
43,100
**(23,031)**|**The Box**
**Project**
**£**
(437)
-
(437)
-
**(437)**|**Community**
**Cafe**
**£**
(23,484)
71
(23,413)
18,933
**(4,480)**|**Other**
**£**
(17,453)
1,696
(15,757)
-
**(15,757)**|**Total 2022**
**£**
(213,223)
103,901|
|---|---|---|---|---|---|---|
|||||||(109,323)
69,533|
|||||||**(39,790)**|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
27
## **14. Trustee Expenses**
|**14. Trustee Expenses**|||
|---|---|---|
|**Nature of Expense**
Drag show performance fee
Event Supplies
**Totals**
2021 Totals
**Name of Trustee**
Warren Lee Allmark|**Expense (£)**
300
161
**461**
234
**Expenses**
**Repaid (£)**
461
|**Number of**
**Trustees**
**Remunerated**
1
1|
|||**1**|
|||2|
## **15. Analysis of Charitable Funds Unrestricted movements inc Designated**
||**Balance at**
**November 1st**
**2021**
**£**|**Income**
**£**
|**Expenditure**
**£**|**Transfers**
**£**||**Balance at**
**31st**
**October**
**2022**
**£**|
|---|---|---|---|---|---|---|
|General Fund|-|2,477|(23,006)||-|(20,529)|
|Support Services|-|1,114|(1,114)||-|-|
|Chester Pride
2022
|2,316|101,020|(97,104)||-|6,232|
|**Total**|**2,316**|**104,611**|**(121,224)**||**-**|**(14,297)**|
## **Restricted movements**
|General Fund
Support Services
Chester Pride
2022
**Total**|**Balance at**
**November 1st**
**2021**
**£**
-
21,663
-
**21,663**|**Income**
**£**
18,223
43,100
7,500
**68,823**|**Expenditure**
**£**
(17,933)
(66,568)
(7,500)
**(92,001)**|**Transfers**
**£**
-
-
-
**-**|**Balance at**
**31st**
**October**
**2022**
**£**
290
(1,805)
-|
|---|---|---|---|---|---|
||||||**(1,515)**|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
28
## **16. Government Grants**
|Cheshire West and Chester Council Health
and Wellbeing Support
CWaC Diversity and Inclusion Events Fund
NHS Cheshire CCG VCFSE Grant
CWaC Capital and Garden Improvements
Avow Wrexham Welsh Government
Winter Pressures Fund
**Total**|Total 2022
£
5,000
2,500
27,600
5,000
5,000
**45,100**|Total 2021
£
-
-
-
-
-|
|---|---|---|
|||-|
## **17. Asset Register**
|**Office**
**Equipment**
**£**
**Cost or valuation**
At 1st November 2021
870
Additions
3,320
**As at 31st October**
**2022**
**4,189**
**Depreciation and impairments**
Charge for the year
1,679
Disposals
(104)
**As at 31st October**
**2022**
**1,575**
**Net book value**
**At 31st October 2022**
**2,614**|**Computer**
**Equipment**
**£**
1,492
1,506
**2,998**
870
-
**870**
**2,128**|**Deposit**
**on Leased**
**Property**
**£**
-
8,875
**8,875**
-
-
**-**
**8,875**|**Total**
**2022**
**£**
2,362
13,701|
|---|---|---|---|
||||**16,062**|
||||2,549
(104)|
||||**2,445**|
|||||
||||**13,617**|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
29
## **18. Investments and Stock**
|Group
2022
£
**Investments**
Shares in Trading
Company
1
Investment in Trading
Company
27,009
**Stock**
Cafe inventory
1,707
**Total**
**28,717**
**19. Accounts Receivable**
Total 2022
£
Pending Item Refund
6
Fundraiser Income to be
Deposited
84
Overpayment of
Invoices
-
Trade Debtors
-
**Total**
**90**|Group
2022
£
**Investments**
Shares in Trading
Company
1
Investment in Trading
Company
27,009
**Stock**
Cafe inventory
1,707
**Total**
**28,717**
**19. Accounts Receivable**
Total 2022
£
Pending Item Refund
6
Fundraiser Income to be
Deposited
84
Overpayment of
Invoices
-
Trade Debtors
-
**Total**
**90**||Charity
2022
£
Total 2021
£
1
-
27,009
-
-
-
**27,010**
-
Total 2021
£
-
-
104
3,306
3,410|Total 2021
£
-
-
-|
|---|---|---|---|---|
|||||-|
||||||
||**90**||||
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
30
## **20. Details of Creditors**
|**20. Details of Creditors**||||||
|---|---|---|---|---|---|
||Group|2022|Charity|2022|Total 2021|
||£||£||£|
|**Creditors: amounts falling**|**due within one**||**year**|||
|Due to Chester Pride||27,097||-|-|
|Event Suppliers||19,704||19,704|-|
|Internet Supplier||1,393||1,393|-|
|Utilities||845||845|-|
|Wages Payable||4,370||4,370|-|
|PAYE/NIC/Pensions
Payable||1,454||816|2,207|
|Pensions Payable||537||269||
|Student Loan Deductions
Payable||42||36||
|Rounding||0.35||0.35|-|
|VAT||2,647||2,647|-|
|Accounts Payable
||-||-|5,222|
|**Total**|**58,089**||**30,080**||7,429|
## **Creditors: amounts falling due after more than one year**
|Concessionary Loan
**Total**|28,340
**28,340**|28,340
**28,340**|-|
|---|---|---|---|
||||-|
## **21. Details of concessionary loan**
Due to the ongoing financial effects of COVID-19, Patsy Hudson agreed to provide a loan to the charity. The terms of the loan were agreed to by all current Directors, and an agreement was signed and dated on the 5th July 2022 between the charity and Ms Hudson. Under the terms of this loan, Ms Hudson agreed to set an interest rate of 0%, and offer no fixed schedule of repayment, provided that the charity make efforts to repay some amount of the loan each year if felt by the other Directors that the charity is a financial position to do so. A full copy of the loan agreement shall be filed with each year’s accounts for each year that there is a remaining credit on the loan amount. Of the original balance of £30,000, the charity was able to repay £1,660 in 2022, leaving £28,340 outstanding.
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
31
## **22. Analysis of Group Net Assets**
|Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Creditors of more than one year
**Total**|**General**
**Fund**
**£**
13,617
-
24,450
(28,340)
**9,727**|**Designated**
**Funds**
**£**
-
-
(21,852)
-
**(21,852)**|**Restricted**
**Funds**
**£**
-
1,805
(5,491)
-
**(3,686)**|**Total**
**£**
13,617
1,805
(2,893)
(28,340)|
|---|---|---|---|---|
|||||**(15,811)**|
## **23. Financial Instruments**
|Loan payable falling due
within 1 year
Loan payable falling due in
more than 1 year but less
than 5 years
**Total**|**2022**
**£**
6,000
30,000
**36,000**|2021
£
-
10,000
10,000|
|---|---|---|
## **Net debt reconciliation for the Group 2022**
|Cash at bank and in hand
Loan falling due within 1
year
Loan falling due in more
than 1 year
**Total**|**At start of**
**year**
26,288
-
-
**26,288**|**Cashflows**
**In**
275,861
6,000
30,000
**311,861**|**Cashflows**
**Out**
(328,664)
(6,000)
(1,660)
**(336,324)**|**Other non-**
**cash**
**changes**
-
-
-
**0**|**At year**
**end**
(26,515)
-
28,340|
|---|---|---|---|---|---|
||||||**1,825**|
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
32
## **24. Corporate Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
Chester Pride Annual Report 2022 All Content © Chester Pride 2023
33