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← Chester Pride

2023-11-01-accounts

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2023
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Annual Report

Registered Charity: 1161379 28 Bridge Street Chester CH1 1NQ

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Chester Pride Annual Report and Financial Statements for Year Ending October 31st 2023

The Management Committee present the annual report and Financial Statements for the year ended 31st October 2023.

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Contents

Reference and Administration Information.................3 Our Objects and Mission...............................................4 Annual Review................................................................5 How our activity delivers public benefit......................7 Financial Review............................................................14 Plans for future periods................................................15 Structure, Governance and Management...................16 Role of the Management Committee...........................17 Financial Statements.....................................................19 Notes to the Financial Statements...............................25

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CHESTER PRIDE ANNUAL REPORT 2023

Reference and Administration Information

Charity Name:

Chester Pride

Charity Registration Number: Company Registration Number: 1161379 08958558

Registered Office and Operational Address

28 Bridge Street Chester CH1 1NQ

The Charity Management Committee:

Warren Lee Allmark, Chair Andrew Foxall (Resigned, Aug 23) Laura Gilhooley (Resigned, Aug 23) Sandra Tyrie Tom Parratt (Appointed, Oct 23) Wes Diggory (Appointed, Oct 23) Amanda Carolan (Appointed, Sept 23) Sarah Jackson (Appointed, Oct 23) Michael Howard (Appointed, Oct 23)

The Chester Pride Steering Committee:

Rachel Walker James Kirby Andrew Arrowsmith Caleb Maxfield Kate Hutchinson Patsy Hudson Alexandra Rosu Mark Wall Tomara Wood Rachael Roberts Emma Roberts Robert Brooks TJ Harty Rhys/Rose Venables

Independent Examiner

David Buxton, Managing Partner,

Buxton Accounting LLP

Bankers

Virgin Money, 2 Princes Pavement, The Grange Shopping Centre, Birkenhead, Merseyside, CH41 2XY

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CHESTER PRIDE ANNUAL REPORT 2023

Our Charitable Objects

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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.

Our Mission

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 want, and we will be their voice in creating a society that includes, respects, and dignifies them.

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CHESTER PRIDE ANNUAL REPORT 2023

Annual Review

2023 proved to be a year of change and challenge for our charity. It has seen the beginning of our new fundraising strategy, as we seek ways to become less grant reliant and more self-financing. It has proven to be a challenging year, with the wider economic picture, and long term effects of Covid, creating fundraising challenges for the charity sector. This has impacted on our work as we sought to consolidate our support work, to restructure our provision to a more sustainable model.

The financial challenges of 2023 also affected our main Chester Pride event, with costs rising significantly causing concern over the viability of hosting the event. The charity leadership team took the decision to place a ticket charge on the event for the first time, and this proved to be a vital decision, which when combined with our largest ever amount of sponsorship and strong bar revenues, saw us generate our fist significant profit from the main event. This profit generally addressed the losses of previous years, and has provided a fundraising template that we can use each year going forward.

With the establishment of our trading subsidiary last year, we continued to adapt and grow the commercial activities it undertook. Several adjustments to costs, menu pricing, and staffing levels were necessary to ensure that the café could operate in the face of significant economic challenges and to keep ahead of rising costs. The trading company also took over the lease of some short-term holiday lets situated on the floors above the café, to provide a supplementary arm of the business, and also provide the charity with spaces it could use for service users in need of refuge or a safe place to stay temporarily.

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CHESTER PRIDE ANNUAL REPORT 2023

Our support work for 2023 mostly consisted of continuing the Just Ask helpline, and a few social groups. The gender diverse community was particularly effected by the murder of a young trans person in Warrington, and this precipitated the launch of a social group for gender diverse adults, to provide a safe social space for them to gather, and the opportunity for us to offer ongoing and additional support where we identify that it is needed. We also continued our young persons creative group, in partnership with Cheshire Dance, which for most of the year focused on connecting young LGBTQ+ people with the history of our community, and inviting them to produce creative responses to what they learnt.

Around March the decision was taken to consolidate and close the Just Ask helpline, and use the time while it was inactive to focus on developing a new more sustainable model for offering such wide ranging support to the community. This new model, which also resulted in the creation of three new staff roles within the charity, began in the closing parts of the year after funding was secured for two years of project delivery.

2023 was also a strong year for partnerships, with our continued involvement in the Mental Health Alliance creating new collaborations, and enabling our access to joined up funding distributed through the alliance. We also became involved with another local charity, CMagic, in an advisory role, to ensure a joined up approach to providing specific support service for the gender diverse community. This sat alongside the many public events, training and workshops, advisory boards, stakeholder consultations, and advocacy work that we undertook with a wide variety of statutory, third sector, and private sector organisations.

The end of 2023 brought significant changes to our leadership, with two of our Directors choosing to step down. It was decided before they left that the charity would seek to recruit enough new Directors to boost the numbers to 7 total Directors, as a better reflection of the size of our charity, and provide essential skills to ensure proper management of the Charity in the future.

Warren Lee Allmark Chair

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CHESTER PRIDE ANNUAL REPORT 2023

How Our Activities Deliver Public Benefit

1. Chester Pride 2023

Our annual event took place on August 12th 2023. Much of the event remained the same as previous years, with our main stage, cabaret tent and community zones returning. We introduced a new stage focused on drag performers, the Runway stage, and provided new activities within our chill out area. The Health and Wellbeing tent remained at a reduced size due to cost constraints, but still featured a good number of stalls to connect our attendees with the wellbeing, social, and support services relevant to them. We also featured the usual accessibility provision, with BSL interpretation, a raised viewing platform, and accessible toilets.

New for 2023 was our Youth Pride area situated on the lower car park. This area featured activity for families and under 25s, and was free to attend. This new area was very well received, and good feedback that will help us to expand this area for next year’s event.

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Event Feedback

“I found with Chester Pride unlike some you haven't forgotten the true meaning of Pride let's hope it continues from strength to strength”

“Pride is being with like minded people in a safe space. Reminding/ showing others we're here, were queer, strong and not going anywhere”.

“It's fantastic. To have something on such a large scale in Chester is brilliant. Especially as we lived in London for many years. So have been used to London Pride.”

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CHESTER PRIDE ANNUAL REPORT 2023

“I find the whole weekend such a positive and uplifting experience, to feel included and within safe, positive spaces, is so lovely. Thank you for all the hard work that goes on behind the scenes to put the event on!”

“Chester Pride means I can be me and I can be with like minded people who deserve the same rights and respect that every other person gets”

2. Just Ask

Just Ask operated as a general helpline, offering support for any issue an LGBTQ+ person might face. Each initial contact would be handled by a case manager, who would offer support, signposting, or assist with referrals. Due to the resignation of staff and the end of current funding streams, the decision was made to close the helpline around May 2023. The final cases were resolved, with service users referred into other services as appropriate. Over the time of its operation the helpline dealt with a variety of presenting issues, but a majority of cases presented with mental health or social isolation issues. A report evaluating the mental health of the community is being complied to present our findings on this sector and ensure any learning from the activity is not lost.

3,319 Contacts in the last 6 months of operation

10,714 Total Contacts throughout the project

Service User Locations

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Service User Age
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Unkown
Other
4%
Wirral / Merseyside 6.1% 65+
12.1% 13%
18-25
42%
Cheshire West & Chester
50.5%
North Wales
26-65
31.3%
41%
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CHESTER PRIDE ANNUAL REPORT 2023

Just Ask - Presenting Issues

Percent of Referrals

Social Isolation Mental Health Gender Identity / Transition Healthcare Coming Out Supporting Family Sexual Health Housing Hate Crime / Incident Care / Carers Asylum Fertility Bereavement Domestic Abuse Homelessness Relationship Issues Youth Support Sexual Abuse / Assault

3. Development Project

Toward the end of 2023, in September, we were awarded funding under the central Government UKSPF funding stream. This funding provides funding for several new roles, and will enable us to deliver several new projects throughout 2024 and into 2025. The newly funded roles are:

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CHESTER PRIDE ANNUAL REPORT 2023

Under these roles the following new projects will be delivered:

Befriending service as a new sustainable model for the Just Ask service. Instead of a case manager service users will now interact with highly trained volunteers who will offer fixed length interventions, signposting, and peer led mental health support

New community fundraising initiatives

New mental health and wellbeing projects, including a greenspaces project

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4. Box Project

The Box Project distributes free condoms and menstrual products through public partners, allowing easy access for those in need. In each pack are also useful helpline numbers and basic support information on key topics, for anyone who might require support.

In 2023 we distributed over 1,000 items for free, through a range of public and community venues as partners.

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CHESTER PRIDE ANNUAL REPORT 2023

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5. Social Groups

Throughout the year we ran two primary social groups:

Average group attendance - 10

6. Public Events

Our charity participated in several public events organised either by a partner organisation, or as a co-production:

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CHESTER PRIDE ANNUAL REPORT 2023

7. Training and Workshops

As in previous years we were commissioned to deliver various trainings and workshops by various organisations. The following were delivered over the course of the year:

Total attendees - 151

8. Networks and Advocacy

Throughout the year we participated in several networks, stakeholder consultation groups, and met with statutory and third sector organisations to advocate for our LGBTQ+ community. this included a positive meeting with our local MP Sam Dixon. Other key relationships and networks we have attended include:

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CHESTER PRIDE ANNUAL REPORT 2023

9. Community Space

Following the opening of the Rainbow Tea Rooms in Chester city Centre, we not not only have a key building that raises revenue for the charity, but also a space that we frequently use for our own community purpose. The following activity has been hosted within the café space this year:

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CHESTER PRIDE ANNUAL REPORT 2023

Financial Review

Despite operating in an economically challenging environment, the charity performed strongly during this accounting period. We enjoyed increased event revenues that repaired the financial damage incurred from the long term effects of Covid. Overall the charity saw a net reduction in its turnover, reducing by £3,754, however this overall net expenditure was much lower year on year, resulting in an overall surplus to carry forward. As a group, with the trading subsidiary included within the figures, there was a net increase of £212,546, which is almost double the income compared to 2022, with the additional arising from the trading company's activities.

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 for the purposes of producing the main event which has largely broken even and generated little profit. The wider charitable activity and support work is 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.

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CHESTER PRIDE ANNUAL REPORT 2023

Investment Policy

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 use for this purpose.

Reserves Policy

The charity has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure. Budgeted expenditure for 2024 is £200,000 and therefore the target is £50,000 to £100,000 in general funds. The present level of reserves available to the charity falls significantly short of this target level. Although the strategy is to continue to build reserves through planned operating surpluses, the Management Committee is well aware that it unlikely that the target range can be reached for at least five years. In the short term the Management Committee has also considered the extent to which existing activities and expenditure could be curtailed, should such circumstances arise.

Plans for Future Periods

With funding secured for the period through to March 2025, the charity aims to continue with its current activities throughout the next period and beyond. The focus of the charity will be on developing diversified revenue streams that enable operating surpluses to be created, or can offset and reduce the reliance on grant income. It is the aim of the charity to explore potential contract services, whereby core services around the befriending service and social groups may be provided under commission from the local authority or other statutory body. The charity will be focusing throughout 2024 on ensuring that its governance structure, financial controls, and other key policies and processes are updated and suitable to meet the massive growth the charity has experienced.

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CHESTER PRIDE ANNUAL REPORT 2023

Structure, Governance and Management

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

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 reelected 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 upon 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.

Director Induction and Training

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.

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CHESTER PRIDE ANNUAL REPORT 2023

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 lates management accounts.

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.

Organisational Structure

The charity has a Management Committee of up to 7 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 rest 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.

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 practice and:

select suitable accounting policies and then apply them consistently;

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CHESTER PRIDE ANNUAL REPORT 2023

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 to 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.

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.

Audit Exemption Statement

For the year ending (31/10/2023) 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.

Signed, on behalf of the Management Committee:

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Warren Lee Allmark Chair

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CHESTER PRIDE ANNUAL REPORT 2023

Financial Statements

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.

b) Fund Accounting

Declaration

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 Second Edition, effective from January 2019.

Accounts prepared by:

Richard Euston, CEO (Charity’s financial officer)

Approved by the charity Directors on 18th April 2024 and signed on their behalf by:

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Warren Lee Allmark Chair

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CHESTER PRIDE ANNUAL REPORT 2023

Independent Examiner Statement

I report on the accounts for the year ended 31 October 2022, which are set out on pages 21 to 48.

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

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1/21/2025

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1. Summary of Financial Activity including Income and Expenditure for the Year Ended 31st October 2023

Notes To
The
Accounts
Net Income / (Expenditure) for
the year
Income From:
Total Income
Expenditure On:
Total Expenditure
Net Movement in Funds for the
Year
Reconciliation of Funds
Total Funds Carried Forward
Donations
Chester Pride Festival
Support services
General/Other
Commercial trading operations
Commercial trading operations
Costs of Good Sold
Other costs of raising funds
Chester Pride Festival
Support Services
Other
Governance
Total Funds Brought Forward
6
7
8
10
8
9
11
15
15
Income from Charitable Activities
Income from Trading Activities
Costs of Raising Funds
Expenditure on charitable activities		 Unrestricted
Funds
£
9,450
103,838
2,402
337
258,153		 Restricted
Funds
£
100
7,500
46,720
-
-		 Total Funds
2023
£
9,550
111,338
49,122
337
258,153		 Total Funds
2022
£
4,524
105,321
44,214
19,375
64,101
374,180 54,320 17,929
428,500
(410,571)
17,929
(271,301)
(566)
(694)
(87,415)
(42,073)
(8,101)
(421)
(43,800)		 237,535
10,780
(363,400)
10,780
(271,301)
(566)
(694)
(79,915)
(2,402)
(8,101)
(421)
(42,285)		 7,149
(47,171)
7,149
-
-
-
(7,500)
(39,671)
-
-
(1,515)		 (92,089)
(14,388)
(308 )
(104,604)
(67,682)
(25,858)
(385)
(305,314)
(67,779)
(67,779)
23,979
(31,505) 5,634 (25,871) (43,800)

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

2. Balance Sheet as at 31st October 2023

Notes To
The
Accounts
Fixed Assets
Total Fixed Assets
Current Assets
Total Current Assets
Liabilities
Net Current Liabilities
Net Current Assets (Liabilities)
Total Liabilities
Net Assets
Total Assets less Current
Liabilities
17
17
19
18
20
22
Tangible Assets
Other Debtors
Cash in bank and in hand
Accounts Receivable
Due from Trading Subsidiary
Creditors: amounts falling due within one
Due to Parent Charity
Accounts Payable
Wages Payable
PAYE/NIC
Pensions Payable
Student Loan Deductions
Payable
Rounding
VAT
Creditors: amounts falling after
more than one year		 Group 2023
£
3,142
8,875		 Charity 2023
£
2,653
8,875		 Group 2022
£
4,742
8,875		 Charity 2022
£
4,742
8,875
12,017
27,305
9,854
17,451
29,468
65,194
5,495
21,810
-
year
36,741
2,265
454
5,206
1,212
165
(.10)
551
55,340		 11,528
60,964
1,887
59,077
70,606
57,227
2,413
21,810
36,741
-
1,634
-
484
-
22
.04
(252)
55,340		 27,097
21,942
4,370
1,454
537
42
.35
2,647
1,824
90
27,097
28,340
13,617
29,011
58,089
(29,078)
(15,461)
86,429		 13,617
1,805
90
27,097
28,992
-
21,942
4,370
816
269
36
.35
2,647
30,081
(1,089)
12,528
28,340
58,421
(25,872) 15,266 (43,801) (15,812)

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

Capital and Reserves

Capital and Reserves
Total Capital and Reserves
The Funds of the Charity
Total Charity Funds
Current Year Earnings
Retained Earnings
Reserves
Restricted Income Funds
Unrestricted Income Funds		 (25,871)
(25,871)
17,929
(43,800)
-
5,634
(31,505)		 15,266
15,266
31,077
(15,812)
-
5,634
9,632		 (67,779)
23,979
-
(1,515)
(42,285)
(43,801)
(43,801)		 (39,791)
23,979
(15,812)
-
(1,515)
(14,297)
(15,812)

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

3. Statement of Cash Flows (Direct Method)

Notes To
The
Accounts
22
Cash used in operating activities
Net Cash Flows from Operating
Activities
Cash fows from investing activities
Cash provided by / (used in)
investing activities
Cash fows from fnancing activities
Cash used in fnancing activities
Total cash at bank and in hand at
the end of the year
Receipts from customers
Payments to suppliers and employees
Cash receipts from other operating
activities
Purchase of tangible fxed assets
Investment in commercial trading activity
Other Debtors
New Borrowing
Repayment of borrowing
Payroll Journals
Reconciliation
Increase / (decrease) in cash at bank and
in hand in the year
Cash at bank and in hand at the
beginning of the year		 Group 2023
£
426,749
(439,892)
(6,888)		 Charity 2023
£
167,767
(169,196)
(6,888)		 Group 2022
£
260,586
(314,850)
5,500		 Group 2022
£
260,586
(314,850)
5,500
(821)
(447)
52,000
(25,000)
(2,029)
3,671
1,825
-
-
(20,031)
(1,269)
24,971		 (333)
(10,092)
37,000
(10,000)
(7,650)
608
1,805
-
-
(8,317)
(10,425)
19,350		 (48,764) (20,776)
(4,938)
2,500
(8,875)		 (4,938)
(25,509)
(8,875)
36,000
(7,660)
7,274
1		 36,000
(7,660)
7,274
1
35,615 35,615
(24,463 )
26,288		 (24,483)
26,288
5,496 2,413 1,825

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

4. Details of funds and activities

Name of fund or activity Designation Activity Type Description, nature, and purpose of 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 2023 Designated Chester Pride Festival A designated fund allocated from general funds, or through specifc funding (e.g. sponsorship) for
provision of the annual Chester Pride event
Just Ask Designated /
Restricted		 Support Service 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 LGBT+ community
Support Projects Designated /
Restricted		 Support Service Smaller, or shorter term, projects focusing on providing support for mental health or social isolation
issues within the LGBTQ+ community. Mostly consisting of social groups.
Box Project Designated Support Service Various smaller projects with budgets under £1,000. These projects include the Box Project supplying
condoms and sanitary products for distribution to those in need via social venues, and Take 5 wellbeing
project giving out free wellbeing packs including mugs, herbal teas, and wellbeing activity cards.
UKSPF Restricted Support Service Funding of befriender helpline, fundraising activity, volunteer scheme, and social groups. Includes
funding for three new sta� roles.
CWaC Diversity and
Inclusion Events Fund		 Restricted Support Service Grant funding awarded specifcally for the Chester Pride event.
CWac Diversity and
Inclusion Project Fund		 Restricted Support Service Grant funding from Cheshire West and Chester Council for provision of six social groups to provide
social and mental health support to specifc members of the LGBTQ+ community.
CWaC Health and
Wellbeing Support		 Restricted Support Service Grant award from Cheshire West and Chester Council to help fund the Health, Life, and Wellbeing area
at the main event.
National Lottery Awards
for All		 Designated Chester Pride Festival Grant funding to be used for various aspects of the main event.
NHS Cheshire CCG VCFSE
Grant		 Restricted Support Service Grant funding from the NHS Cheshire Clinical Commissioning Group to fund the activities of the Just Ask
helpline
Marjory Boddy Trust Restricted Support Service Grant funding to support the Just Ask helpline
Magic Little Grant Unrestricted General / Other Small grant to be used for general purposes
Event Sponsorship Designated Chester Pride Festival Sponsorship payments from various local businesses and organisations to go toward the provision of the
main event
HCRG Box Project
Sponsorship		 Restricted Support Service Sponsorship from HCRG health care group to directly fund the Box Project activity
CWaC Members Budget
Donations		 Designated Chester Pride Festival Donations from Cheshire West and Chester Councillors to go toward the provision of the Chester Pride
event

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

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:

Total funds carried forward
Income
Amount gift aided from subsidiary
company
Expenditure on charitable activities
Total funds brought forward
Represented by:
Restricted income funds
Unrestricted income funds
Net Income		 170,347
-
2023
£		 2022
£
173,434
-
170,347 173,434
(139,270)
(15,812)
31,077		 (213,225)
23,979
(39,791)
15,266 (15,812)
5,634
9,632		 (1,515)
(14,296 )
15,266 (15,811 )

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

6. Donations

Public Donations
Bank of America Volunteer
Match Funding
Lloyds Bank Foundation
Volunteer Match Funding
Parade Entry Donations
Donations from CW&C
Member's Budgets
Total
Previous reporting pe
Public Donations
Donations for Foodbank
Support
Donations from CW&C
Member's Budgets
Total		 Unrestricted
£
Designated
£
Restricted
£
Total 2023
£
2,682
-
100
2,782
-
398
-
398
-
194
-
194
-
450
-
450
-
5,725
-
5,725
2,682
6,767
100
9,550
riod
Unrestricted
£
Designated
£
Restricted
£
Total 2022
£
4,046 -
-
4,046
-
- 303 303
-
175
-
175
4,046 175
303 4,524

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

7. Income from Charitable Activity

Unrestricted Designated Restricted Total 2023
£ £ £ £
Chester Pride Festival 2023
Cheshire West and Chester Council
Health and Wellbeing Support		 - - 5,000 5,000
CWaC Diversity and Inclusion
Events Fund		 - - 2,500 2,500
National Lottery Awards for All
Grant		 - 10,000 - 10,000
Event Sponsorship - 62,200 - 62,200
Fundraiser Income - 2,386 - 2,386
Event Trading Pitches - 1,300 - 1,300
Event Tickets - 21,799 - 21,799
VIP Wristbands - 6,153 - 6,153
Total Chester Pride Festival - 103,838 7,500 111,338
Support Services
NHS Cheshire CCG VCFSE Grant - - 9,200 9,200
CWaC Equality and Diversity
Project Fund		 - - 12,000 12,000
Marjory Boddy Trust - - 5,000 5,000
UKSPF Grant - - 19,020 19,020
Magic Little Grant - 500 - 500
EDI Training Delivery 400 - - 400
HCRG Box Project Sponsorship - - 1,500 1,500
Cheshire Dance Project Cost
Reimbursement		 699 - - 699
Workshop Commissions 803 - - 803
Total Support Services 1,902 500 46,720 49,122

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

General / Other

General / Other
Current account interest
Cashback on card purchases		 298
-
-
298
40
-
-
40
Total General / Other 337
-
-
337
Total
2,239
104,338
54,220
160,797
Previous reporting period
Unrestricted
£
Designated
£
Restricted
£
Total 2022
£
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
-
-
5,000
5,000
-
-
2,500
2,500
500
-
-
500
-
35,067 -
35,067
- 2,565 - 2,565
- 44,621 - 44,621
- 2,985 - 2,985
12,083
-
-
12,083		 2,239
104,338
54,220
160,797
Total Chester Pride Festival
12,583
85,238
7,500
105,32
Support Services
NHS Cheshire CCG VCFSE Grant
CWaC Capital and Garden
Improvements
-
-
27,600
27,600
-
-
5,000
5,000

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

Steve Morgan Foundation 20th
Anniversary Awards Grant
ASDA Foundation Grant
Avow Wrexham Welsh Government
Winter Pressures Fund
EDI Training Delivery
Charity Sponsorship
Item Refunds
-
-
4,000
4,000
-
-
1,500
1,500
-
-
5,000
5,000
358
-
-
358
-
750
-
750
5
-
-
5		 Steve Morgan Foundation 20th
Anniversary Awards Grant
ASDA Foundation Grant
Avow Wrexham Welsh Government
Winter Pressures Fund
EDI Training Delivery
Charity Sponsorship
Item Refunds
-
-
4,000
4,000
-
-
1,500
1,500
-
-
5,000
5,000
358
-
-
358
-
750
-
750
5
-
-
5
Total Support Services 364
750
43,100
44,214
Asset disposal
EDI Training delivery
Xmas Cards Fundraiser
Airbus Community Awards Grant
HSBC Supporting Our Community
Grant
Current account interest
Cashback on card purchases
General / Other		 53
-
-
53

-
1,000
-
-
17,933
17,933
64
-
-
64
101
-
-
101
75
-
-
75
150
-
-
150
1,000
Total General / Other 442 1,000 17,933
19,375
Total 13 ,389
86 ,988
68,533
168,910

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

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:

Turnover
Cost of Operations
Net Proft
Amount gift aided to the charity
Current assets
Current liabilities
Total net assets
Aggregate share capital and reserves
Retained in subsidiary
The assets and liabilities of the subsi
Previous reporting period
Retained in subsidiary
The assets and liabilities of the subsi
Turnover
Cost of Operations
Net Profit
Amount gift aided to the charity
Current assets
Current liabilities		 2023
£
258,153
(271,301)
(13,148)
-
-
3,571
(44,708)
diary were:
(41,137)
1
2022
£
64,101
(92,089)
(27,989)
-
diary were:
20
(28,009)

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

Total net assets
Aggregate share capital and reserves		 (27,989)
1

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

9. Expenditure on Charitable Activity

Chester Pride
Festival
Advertising & Marketing
125
Bank / Processing Fees
98
Depreciation Expense
69
General Expenses
584
Insurance
4,579
Postage & Freight
35
Printing & Stationery
618
Rent
1,546
Repairs and Maintenance
-
Sta� Costs
-
Subscriptions
54
Telephone & Internet
-
Travel - National
107
Direct Delivery Costs
79,602
Total
87,415
Previous reporting period
Chester Pride
Festival
Advertising & Marketing
730
Bank / Processing Fees
862
Donations collected for other
organisations
-
Depreciation Expense
75
General Expenses
3,541
Insurance
5,964
IT Software and Consumables
-
Legal Expenses
-
Utilities
-		 Support
Services
498
1,833
721
100
-
-
289
-
-
34,650
823
1,768
140
1,250
42,072
Support
Services
261
23
-
737
111
-
-
-
-		 General /
Other
317
2,230
1,631
98
1,038
-
287
3,000
21
(1,485)
354
-
-
610
8,101
General /
Other
570
50
113
1,642
2,574
1,602
56
1,150
574		 Total 2023
£
940
4,160
2,421
782
5,617
35
1,194
4,546
21
33,165
1,231
1,768
247
81,461
123,667
Total 2022
£
1,561
935
113
2,454
6,227
7,566
56
1,150
574

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

Postage & Freight
Printing & Stationery
Rent
Repairs and Maintenance
Sta� Costs
Subscriptions
Telephone & Internet
Travel - National
Direct Delivery Costs
Total		 17
5,442
950
-
-
321
8
236
86,457
104,604		 39
224
-
-
62,084
707
1, 4 4 4
146
1,906
67,682		 10
260
908
9,500
(1,777)
111
8 8 0
119
7,515
25,858		 66
5,927
1,858
9,500
60,306
1,139
2 , 3 32
501
95,878
198,144

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

10. Cost of Raising Funds

10. Cost of Raising Funds
Unrestricted
£
Costs of Good Sold
566
Fundraiser Supplies
694
Total
1,260
Previous reporting period
Unrestricted
£
Costs of Good Sold
14,388
Purchase of collection 43
boxes
Subscription to
Fundraising Platforms
265
Total
14,696		 Restricted
£
-
-
-
Restricted
£
-
-
-
-		 Total 2023
£
566
694
1,260
Total 2022
£
14,388
43
265
14,696

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

11. Governance Costs

Audit and
Accountancy Fees
Software
Subscriptions
Bank Fees
Total		 Total 2023
£
13
408
-
421		 Total 2022
£
379
-
6
385

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

12. Sta� Costs

Gross Wages and Salaries
Employers National Insurance
Employers National Insurance -
Employment Allowance
Pension Costs
Head of Charity
Project O�cer
Volunteer Manager
Youth Engagement O�cer
Managers
Team Leaders
Cafe Sta�
Net Employee Cost
Employee Salary Details
Trading Sta� Numbers
Total		 Group 2023
£
108,863
6,456
(6,211)
3,158		 Charity 2023
£
34,435
2,195
(1,288)
1,174		 Group 2022
£
Charity 2022
£
99,033
57,713
(5,417) (3,549)
2,519 1,898
6,112 4,243		 Group 2022
£
Charity 2022
£
99,033
57,713
(5,417) (3,549)
2,519 1,898
6,112 4,243
112,266 35
35
15
16
36,516
Hours Per Week
101		 25,000
25,000
13,179
13,371

102,248
Actual Salary
76,550		 25,000
7,825
749
861

60,306
Net Pay for
Reporting Period
25,000
25,000
30,750
29,250
Annual Salary
(FTE)
110,000 34,435
1
1
6

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

13. Summary analysis of expenditure and income for charitable activities (net movement per project)


per project)
Costs
Revenue Income
Donations
Direct Grant Support
Total		 Chester Pride
Festival
£
(87,415)
93,838
9,110		 Support
Services
£
(41,819)
1,902
-		 The Box
Project
£
(254)
1,500
-		 Other
£
(9,782)
337
439		 Total 2023
£
(139,270)
97,577
9,550
15,533
17,500		 (39,917)
45,720		 1,246
-		 (9,006)
-		 (32,143)
63,220
33,033 5,803 1,246 (9,006) 31,077

Previous reporting period

Total
Costs
Revenue Income
Donations
Direct Grant Support		 Chester Pride
Festival
£
(118,023)
97,321
3,198		 Support
Services
£
(67,245)
1,114
-		 The Box
Project
£
(437)
-
-		 Community
Cafe
£
(23,484)
(104)
175		 Other
£
(4,035)
546
1,150		 Total 2022
£
(213,225)
98,877
4,524
(17,504)
8,000		 (66,131)
43,100		 (437)
-		 (23,413)
18,933		 (2,339)
-		 (109,824)
70,033
(9,504) (23,031) (437) (4,480) (2,339) (39,790 )

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

14. Trustee Expenses

14. Trustee Expenses
Nature of Expense
Totals
Name of Trustee
Event Supplies
Purchase of Merch Stock
Warren Lee Allmark
Sandra Tyrie
2022 Totals		 Expense
(£)
750
Expenses
Repaid (£)
500
250
500
250
461		 Number of
Trustees
Remunerated
1
1
2
1

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

15. Analysis of Charitable Funds

Unrestricted movements inc Designated

Balance at Balance at
November 1st Income Expenditure Transfers 31st October
2022 £ £ £ 2023
£ £
General Fund (20,528) 677 (9,782) - (29,633)
Support Services - 2,403 (2,403) - -
Chester Pride 2023 6,231 112,949 (79,915) - 39,265
Total (14,297) 116,028 (92,100) - 9,632
Previous reporting period
Balance at Balance at
November 1st Income Expenditure Transfers 31st October
2021 £ £ £ 2022
£ £
General Fund - 2,477 (23,006 ) - (20,529 )
Support Services - 1,114 (1,114) - -
Chester Pride 2022 2,316 101,019 (97,104) - 6,232
Total 2,316 104,611 (121,224 ) - (14,297)

Restricted movements

Balance at Balance at
November 1st Income Expenditure Transfers 31st October
2022 £ £ £ 2023
£ £
General Fund 290 100 - (100) 290
Support Services (1,805) 46,720 (39,671) 100 5,344
Chester Pride 2023 - 7,500 (7,500) - -
Total (1,515) 54,320 (47,171) - 5,634
Previous reporting period
Balance at Balance at
November 1st Income Expenditure Transfers 31st October
2021 £ £ £ 2022
£ £
General Fund - 18,223 (17,933) - 290
Support Services 21,663 43,100 (66,568) - (1,805)
Chester Pride 2022 - 7,500 (7,500) - -
Total 21,663 68,823 (92,001) - (1,515)

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

16. Government Grants

16. Government Grants
CWaC Diversity and Inclusion
Events Fund
NHS Cheshire CCG VCFSE Grant
CWaC Diversity and Inclusion
Project Fund
CWaC UKSPF Grant
Cheshire West and Chester
Council Health and Wellbeing
Total		 Total 2023
£
5,000
2,500
9,200
12,000
19,020
47,720		 Total 2022
£
5,000
2,500
27,600
5,000
5,000
45,100

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

17. Asset Register - Charity

Cost or valuation
As at 31st October 2023
Depreciation and impai
As at 31st October 2023
Net book value
At 1st November 2022
At 31st October 2022
Additions
Charge for the year
Disposals
At 31st October 2023		 O�ce
Equipment
£
2,614
-		 Computer
Equipment
£
2,128
333		 Deposit on
Leased
Property
£
8,875
-		 Total 2023
£
13,617
333

2,614
rments

1,211
1,403
1,128
83
2,614		 2,460
1,210
1,250
1,210
-
2,128		 8,875 13,950
-
-		 2,338
83
- 2,421
8,875 13,617
8,875 11,528

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

18. Investments and Stock

Shares in Trading
Company
Investment into Trading
Company
Cafe inventory
Investments
Stock
Total		 Group 2023
£
1
9,645
3,733		 Charity 2023
£
1
9,645
-		 Group 2022
£
Charity 2022
£
1
1
27,009 27,009
1,707
-		 Group 2022
£
Charity 2022
£
1
1
27,009 27,009
1,707
-
13,379 9,646 28,717 27,010

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

19. Accounts Receivable
Total 2023
Grant Payment
19,020
Box Project Sponsorship
1,800
20224 VIP Wristband Sales -
Corporate Order
630
Payment for commissioned
talks
360
-
Item Refund
Fundraiser Income to be
Deposited
-
Total
21,810		 Total 2022
-
-
-
-
6
84
90

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

20. Creditors

Group 2023
£
Creditors: amounts falling due within one year
Total
9,853
Creditors: amounts falling due after more than
Total
55,340
Due to Chester Pride
Event Suppliers
Internet Supplier
Utilities
-
-
Commercial Operations Suppliers
2,265
Wages Payable
454
PAYE/NIC
5,206
Pensions Payable
1,212
Student Loan Deductions Payable
165
Rounding
(.10)
VAT
551
Concessionary Loan
18,340
Key Fund - Loan Finance
37,000		 Group 2023
£
Creditors: amounts falling due within one year
Total
9,853
Creditors: amounts falling due after more than
Total
55,340
Due to Chester Pride
Event Suppliers
Internet Supplier
Utilities
-
-
Commercial Operations Suppliers
2,265
Wages Payable
454
PAYE/NIC
5,206
Pensions Payable
1,212
Student Loan Deductions Payable
165
Rounding
(.10)
VAT
551
Concessionary Loan
18,340
Key Fund - Loan Finance
37,000		 Charity 2023
£
-
-
1,634
-
484
-
22
0.04
(252)		 Total 2022
£
27,097
19,704
-
1,393
845
4,370
1,454
537
42
0.35
2,647
9,853
fter more than
55,340
18,340
37,000		 1,888
one year
55,340
18,340
37,000		 58,089
28,340
-
28,340

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

21. Analysis of Group Net Assets

Total
Tangible fxed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Creditors of more than one year
Previous Reporting Period
Total
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Creditors of more than one year		 General Fund
£
12,017
3,082
12,462
(55,340)		 Designated
Funds
£
-
2,413
-
-		 Restricted
Funds
£
-
-
(506)
-		 Total
£
12,017
5,495
11,956
(55,340)
(27,779) 2,413 (506) (25,872)
General Fund
£
13,617
-
24,450
(28,340)		 Designated
Funds
£
-
-
(21,852)
-		 Restricted
Funds
£
-
1,805
(5,491)
-		 Total
£
13,617
1,805
(2,893)
(28,340)
9,727 (21,852) (3,686) (15,811)

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

22. Financial Instruments

22. Financial Instruments
2023
£
Total
52,000
Total
30,165
Loan payable falling due
within 1 year
15,000
Loan payable falling due in
more than 1 year but less
than 5 years
37,000
Cash at bank and in hand
1,825
Loan falling due within 1
year
Loan falling due in more
than 1 year
28,340
Net debt reconciliation for the Group 2023
At start of year		 478,749
2022
£
36,000
426,749
15,000
37,000
6,000
30,000
Cashfows In		 (475,077)
(450,077)
(15,000)
(10,000)
Cashfows Out		 0
-
-
-
Other non-cash
changes		 (21,503)
-
55,340
At year end
3,672

Docusign Envelope ID: F1BF9DC2-CC67-4D38-8D22-BE2A3BF8895B

23. 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.

24. Details of concessionary loan

Due to the ongoing financial e�ects of Covid, 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 o�er no fixed schedule of repayment, provided that the charity make e�orts to repay some amount of the loan each year, if it 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 the 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 and £10,000 of the loan in 2023, leaving £18,340 outstanding.