Living Out Charity Number: 1165572 Trustees, Annual Report and Financial Statements for the year ended 31 March 2024
Living Out Tru5tee5' Annual Report for the Year Ended 31 March 2024 Reference & Administration Details Charity name: Living Out Charity number: 1165572 Charity's operating address: The EmmanueL Meeting HcSe Lewins Mead. BristoL Postcode BSI 2NN Names of the Charity TAteeS who Manage the Charity TTh5tee NAme I: Gabrielle Doherty 2." Rosemary Dunn 3: HeLen Lamb 4: Ed Shaw Chair 5: Keith SincLair Description of the Charitys Trusts Type of Govern1 Document: Constittrtion How the Charfty Is Const. Charitable Incorporated Organisation Trustee SeLettlon Methods: Every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. Living Out trustees must indicate their adherence to the Living Out statement of belief Objectives For the public benefiL the advancement of the evangelicaL Christian reLigion and Christian principLes of love. acceptance. compassion and under5tandiTrJ, in particular, but not exclusively by: (l) Encouraging evangelical congregations to welcome and accept same sex attracted individuals and provide them with pastoral supporL (2) Repudiating all attitudes and attions which victimize or diminish peopLe whose affections are directed towards people of the same sex. {3) Providing pastoral support and advice in reLation to bibLical teachings on human sexuality a5515ting same sex attracted Christians reconcile their sexuality with the teachings of the BibLe. Po9e21¥6
Lmng (hjt Trustees. Annual Report for the Year Ended 31 March 2024 Activities. Achievements & Perfonnance Living Out carries out a wide variety of activities and the trustees take seriousLy the requirement to provide public benefit and have appreciated the Charity Commission's guidance in thi5 area. In February 2022 Living Out set some new medium tenn goals ofr Encouraging and equipping under 25s and those who care for them. I ncreasing the profile and accessibility of the website and its resources. Encouraging and equipping churches to be biblicalLy inclusive safe space5 for Sexual minority groups. Refreshing and expanding the staff team During the year we continued to work towards these goal& We continued to grow our youth leader network and provided them with taiLored content via an email newsletter as weLL as a youth Leader section on the Living Out website. Through the year the team have been working on a new video based resource for teens caLled Kaleidoscope at the end of year agreent was reached with a production company and plans were in place for brand and web design. The resource will be launched in Autumn 2024. The web51te continued to attract large numbers of visitors With a weekly blog and new articles from an expanding number of authors. Podcasts continue to reach a12rge audience with just under 40,000 downloads in the year. The team spoke at an increasing number of events of various sizes from individual churches to large conferences including those focused on youth and Studen Our speaking engagements included events online and in person in both the UK. Europe and Canada. We continued to provide a popular tennly lunchtime webinar to church leaders. As part of refreshing and expanding our staff team new part time roles of digital content manger and engagernent lead were created and recruited into and a new volunteer associate joined the team. Our part time Content Director stepped down and their responsibiLitie5 were realLocated within the team. OveraLI the number of stsff days have increased in the year. FinanciaL Review Flnanclal Revlew Detalls Living Out made a deficit of £4.326 in the year to 31 March 2024 despite a significant increase in income of £40.000 over the previous year. However. this was after paying a 50% inst3Lment on the production costs for the KaLeidoscope project and increased investment in new and existing staff outlined above. Greater income from speaking events also reflected higher costs including longer duration and internationaL events. Living Out has no borrowings nor provided any guarantee& Page3 ¢¥6
Llving Ct Trustees, Annual Report for the Year Ended 31 March 2024 Charlty's Poucy on Reserves The trustees reviewed the reserve policy in November 2020 and in Light of expanding empLoyment commitments increased the reserves policy to three months operating expenditure relating to salary and other financial commttments as a general reserve. This wouLd equate to around £40,000. At the end of the year Living Out had an unrestritted cash balance of £125,CMM. This is significantly above the policy reserve requirement In 2024 Living Out committed to the Kaleidoscope projecL this is a significant investment with costs in excess of £IOO.000 and it is expected to use up the excess reserves held by Living OUL Related party transactlons In August 2019 Living Out obtained Charity Commission approval to pay Ed Shaw. a trustee, this was to act as a director and not in respect of trustee dutie& The cost to Living Out of this was £14.314. Expenses were aL80 paid for three trustee5 With respect to activity as trustee with a totaL c05t of £838. Declaration The Trustees declare that they have approved the Tnistees. Report above. Signed on behalf of the Charity's Trustees Slgnature: JL Full Name: Edward JJ Shaw Posltlon: Chair Date: 17 October 2024 Ptsge4 of 6
Llvlng Out TnJ5tee5' Annual Report for the Year Ended 31 March 2024 Independent Examinerfs Report to the trustees of Living Out Charitsble Incorporated Organisation I report to the trustees on my examination of the accounts of Living Out for the year ended 31 March 2024. Responslbllltles and basls of report As the charity trustees of Living Out you are re5pon5ible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 Cthe Acr). I report in respect of my examination of Living Ours accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have foll0vd aLL the appiicabLe Directions given by the Charity Commission under section 145(5)(b) of the ACL Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to beLieve that in. any material respect: l. the accounting records Vre not kept in accordance with section 130 of the Act" or 2. the accounts do not accord with the accounting records" or S. the accounts did not compLy with the applicable requirements concerning the form and content of accourrts set out in the Charities (Accounts and Reports) ReguLations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the exatnination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgnature: Full Name: Simon Begbey Relevant professlonal ACA ICAEW quauflcatlon Address: Bristol Date: i 6/ii /IGL* Poge5t¥6
Llvlng Out 1165572 IHARIIY COMMI5510 FOR ENGLVID WALES Recelpts and payments accounts 0110412023 CC16a To 3110312024 Sectlon A R•¢elpls and payments R•sfrkt•d Trd• Eftdowm•nt lunds Total funds La%t p•rlod A1R 131.1 43.647 13.K6 4XM7 13.231 Sub total(Gfoss irteon brARJ 112.1 190.790 1S0.702 total 182.1•0 190,79(¢ 150,702 A3P •nts PrOVTS of {{ey. ev•¥s 11.510 13•.37S IM.353 6t.265 712 14•3J• 125,3BI A4 As••1 Inv•8tm•nt purchas•s, I• Wl•l A8991 krf•i Tot•lp•ym•nts 1238 .¥7 195,111 125.341 N•t ofr•¢•lxVwym•rts) AS TrAnsf•rs b•tw••n fund• A6 C••h fun8 1&4t yw•nd C•sh hmds this yMr•nd 04• 271 4.320 25.3 129.052 312 129,314 125.OlJ4 125.03 129.384 Sectk)n B Statement of assets and liabilities at the end of the perfod Unr•slrkl•d fvnds R•strkt•d find endowm•nt fvndl c•9011•8 t• B1 C•hf 12&0•4 Cajn rs T¢rf•1¢h fw 125.004 Cwr•ffi D¢tail$ B4 A•••ts r•tabd fw th• ¢h•rtty'B UB• of al the InJ%l•e* JJ Shaw 174)ct.24 Page6016