Charity no. 1166817
## **Bristol Pride**
# **Report and Unaudited Financial Statements**
**30 September 2025**
## **Bristol Pride**
## **Reference and administrative details**
## **For the year ended 30 September 2025**
|**Charity number**|1166817||
|---|---|---|
|**Registered office**|Kambe House||
||34 Portland Square||
||Bristol||
||BS2 8RG||
|**Trustees**|The trustees are who served during|the year and up to the date of this|
||report were as follows:||
||Sonny Allward||
||Freddie Daw||
||Ross Oliver Harrison||
||Jayne Graham-McMorrow|resigned 12 December 2024|
||Aysha Marie Santiben Tailor-Whyte||
|**Chief executive officer**|Daryn Carter||
|**Bankers**|HSBC||
||62 George White Street||
||Bristol||
||Avon||
||BS1 3BA||
|**Independent**|Godfrey Wilson Limited||
|**examiners**|Chartered accountants and statutory auditors||
||5th Floor Mariner House||
||62 Prince Street||
||Bristol||
||BS1 4QD||
1
## **Bristol Pride**
## **Report of the trustees**
## **For the year ended 30 September 2025**
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).
## **Structure, governance and management**
The charity is constituted as a Charitable Incorporated Organisation (CIO) registered with the Charity Commission in England and Wales under registration number 1166817 and governed by its constitution dated 28 April 2016.
Trustees are appointed by election at formal meetings of existing trustees as laid out in the constitution. Two of the current trustees were appointed at creation of the charity.
The Trustees are responsible for the strategic direction and charity oversight with the day to day management delegated to the directors. Major financial and strategic decisions will be made in consultation with the directors and the trustees.
The organisation had more structure and continued to grow sustainably with Eve Russell and Daryn Carter staying on as directors. Eve took 9 months maternity leave with Ella Fielding as Festival Manager as her cover. Bryn Evans remained in post as Marketing Manager and Rachel Lily resigned as Festival Coordinator welcoming back Steph Champion as her replacement.
Jayne Graham-McMorrow resigned as Chair of the Board with Ross Harrison former Treasurer stepping up as the new Chair. A new trustee to replace Jayne will be recruited in time for the 2026 festival.
## **Objectives and activities**
Bristol Pride is a charity which campaigns for equality; challenges discrimination; creates opportunity for engagement and participation; celebrates lesbian, gay, bisexual and transgender life; and works to enrich and empower LGBTQ+ organisations, charities and communities in the Bristol Region.
Bristol Pride also works all year round to promote our aims and objectives, deliver a programme of schools’ engagement and, through Pride Day, offer the chance for many service providers to reach target markets, and enables the opportunity of support to the community through the Pride Day Community Area.
Bristol Pride delivers an annual programme of Lesbian, Gay, Bisexual, Trans and Queer (LGBTQ+) events in Bristol. This includes the LGBTQ+ History Month, World AIDS Day, events recognising International Day Against Homophobia, Biphobia and Transphobia (IDAHOT), Queer Vision Film Festival and the flagship Bristol Pride Festival which includes a week of events across a range of arts and culture and the annual Pride Weekend.
Bristol Pride continues to offer the Community fund and during the year 19 new grants were awarded to individuals (8), collectives, organisations or small charities (11) to deliver projects to enhance or improve the lives of LGBTQ+ people in Bristol and the surrounding areas.
Bristol Pride is run by a small team assisted by volunteers to deliver the charity's objectives to campaign for LGBTQ+ equality and challenge discrimination, create opportunities for engagement and participation and celebrate LGBTQ+ life.
2
## **Bristol Pride**
## **Report of the trustees**
## **For the year ended 30 September 2025**
## **Achievements and performance**
Bristol Pride 2025 consisted of 2 weeks of events in venues across the city followed by the March and Pride Day Concert on Durdham Downs.
The two weeks of events featured over 60 events seeing an increase in partner events this year as well as the return of regular favourites such as the dog show, the comedy night, Circus Night, LGBTQ+ History Boat Tour and Drag Queen Bingo Boat Party.
Queer Vision Film Festival, returned with a full programme of films shown at the Watershed once again featuring Iris Prize selections, archive and feature films. We hosted two screenings at the former IMAX Bristol, with live performance and audience participation. Funding for Queer Vision was again secured from the BFI and revenue from Queer Vision was up.
The Parade March made a grand return, following the usual route from Castle Park to the Amphitheatre and saw record participant numbers of around 25,000.
Pride Day featured acts such as Ally X, Cascada, Kim Wilde, and Brooklyn Heights. The site featured minimal changes this year. There was a new programming team at the Circus Tent welcoming Queer As Fuck Cabaret. The silent disco was also replaced by local DJs and established queer club nights which were well received.
Pride day saw very hot temperatures so additional shade was installed in the run up to offer increased protection to the public.
## **Public benefit**
The trustees confirm their due regard for the Charity Commission Guidance on Public Benefit in reviewing Bristol Pride’s aims, objectives and activities undertaken, planning future strategy and setting policy.
## **Financial review**
As with previous years the majority of income and expenditure was to be generated around the July festival.
Costs for delivering Pride 2025 stabilised and the budget was cut to create savings, however, income was heavily impacted and was down on previous years.
Donations decreased by £10,000 and grants decreased by £9,000. Ticket and wristband income was up by £3,200. Grants were in line with the prior year.
Bar take was down this year for the third year in a row (£40,000) despite work being done to reduce bar costs. Younger generations are not drinking and the cost of living is being felt. In addition, the hot weather on pride day will have stopped people from drinking as much as if it had been cooler.
We saw a significant decline in sponsorship (25% - £38,000) following the Supreme Court Ruling on Gender in April 2025, a vulnerable time when the LGBTQ+ community began facing increased discrimination that continues into today. Many national Prides report as high as a 50% decrease in sponsorship. We continue to have lots of pressure from local groups to ensure our sponsors are ethical, we were not able to replace our headline sponsor who we had to drop in 2024 and our Parade sponsor moved their business out of Bristol.
3
## **Bristol Pride**
## **Report of the trustees**
## **For the year ended 30 September 2025**
This has also impacted Parade income which was down by £5,400.
This has resulted in a large loss in the 2025 year which has significantly depleted our reserves. Plans are in place for 2026 to cut costs further and increase income.
## **Reserves policy**
Unrestricted general reserves held at 30 September 2025 are £115,816. Due to the charity taking and spending the majority of its funds over the first 6 months of the calendar year, the unrestricted funds are held to cover the running costs (i.e. office space, staff costs, artist and contractor deposits) for the autumn and winter periods when there is little to no income.
The unrestricted funds are aimed to be kept at a minimum of £250,000, to ensure that a good number of bills relating to the festival can be covered in the event of a cancellation or adverse weather affecting on the day attendance, bar sales or similar, and to ensure that there are sufficient funds held to cover overheads during the winter, such as office space, staff costs, artist and contractor deposits.
In addition, in previous years we have been able to pay the majority of the events costs post-event; since the pandemic and the effect on the supply chain this is no longer possible. 90% of payments are now required pre-event, and as such this is prior to the majority of the income being received and therefore any additional funds held over the £250,000 will be reinvested into the event.
The reserves currently sit below the £250,000 target due to losses made in the 2025 festival. Plans are in place to increase profitability and build back up the reserves. This includes working with a marketing and PR agency to review how we talk about donations and wristbands, and the importance of purchasing a wristband to support Bristol Pride, as well as working with our bar contractor to reduce costs to improve profitability.
## **Risk management**
The key principle risk for the charity is around funding, the key mitigation for this is careful budget management, regular budget reviews and a robust reserves policy. Cash flow is also more of a risk than in previous years. Prior to the pandemic it was possible to pay the majority of the contractor fees after the festival had taken place, this is no longer the case with 90% of payments being required preevent. Reserves are depleted from a few years of losses so cash flow will be difficult this year. We will bring forward deadlines for trading applications and will work to push deposit payments as late as possible. We have also arranged for ticket income to be released earlier which will help with cash flow.
Additional risks facing the charity and its ability to raise funds and operate are adverse weather, acts of terror, or a pandemic. Further risks include reputational risks, which we are always mindful of and underpin all decision making; and legal risks which primarily are covered by our public & employer liability insurance. Cyber security is also a risk - we have robust GDPR policies in place and use secure and widely used companies for our email servers & file storage (Google) and regularly change passwords. Similarly with the risk of further pandemics in the future we have adapted to this in the past and moved to online and hybrid events while retaining our income.
## **Fundraising**
All fundraising is raised by Bristol Pride directly or by smaller organisations on its behalf, no commercial fundraising services are used and no complaints have been raised.
4
## **Bristol Pride**
## **Report of the trustees**
## **For the year ended 30 September 2025**
## **Plans for future periods**
Future plans include continuing to grow and develop the activities in a responsible and sustainable way. Plans for the 2026 Festival are currently underway, numerous debrief conversations have been had around the 2025 event to tweak and improve the festival and improve its financial security. A review of wristband prices has been undertaken by the Trustees and Directors with a new pricing structure being agreed with the aim of increasing revenue through wristband sales and encouraging more people to purchase them rather than donating on the gate. Emphasis will be given to supporting Pride financially with donation entry options only available to those who are not in a position to purchase a wristband. We are investing time in income generation through available local and national grants and aim to hire a new staff member to focus on this. Budget cuts will also be initiated to reduce spend with several festival areas receiving a cut or rejig to save money.
Plans remain in place to finish developing the LGBTQ+ awareness and allyship training as another revenue stream.
## **Statement of responsibilities of the trustees**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees are to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Members of the charity have no liability to contribute to the assets of the charity in the event of winding up. The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
5
## **Bristol Pride**
## **Report of the trustees**
## **For the year ended 30 September 2025**
## **Independent examiners**
Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.
Approved by the trustees on 14 May 2026 and signed on their behalf by
Freddie Daw Trustee
6
## **Independent examiner's report**
## **To the trustees of**
## **Bristol Pride**
I report to the trustees on my examination of the accounts of Bristol Pride (the CIO) for the year ended 30 September 2025, which are set out on pages 8 to 21.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
Godfrey Wilson Limited also provides payroll and ad-hoc bookkeeping services to the CIO. I confirm that as a member of the ICAEW I am subject to the FRC’s Revised Ethical Standard 2016, which I have applied with respect to this engagement.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- (1) accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
- (2) the accounts do not accord with those records; or
- (3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## William Guy Blake
Date: 14 May 2026
**William Guy Blake ACA Member of the ICAEW Godfrey Wilson Limited** Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD
7
## **Bristol Pride**
## **Statement of financial activities**
## **For the year ended 30 September 2025**
|Restricted Unrestricted
Note
£
£
**Income from:**
Donations (inc. grants)
3
23,994
83,828
Charitable activities
5
12,651
230,058
Other trading activities
6
-
402,992
Investments
-
2,356
**Total income**
36,645
719,234
**Expenditure on:**
Raising funds
-
11,104
Charitable activities
37,867
805,498
**Total expenditure**
7
37,867
816,602
**Net expenditure and net movement in funds**
9
(1,222)
(97,368)
**Reconciliation of funds:**
Total funds brought forward
15,804
213,184
**Total funds carried forward**
14,582
115,816|**2025**
2024
**Total**
Total
**£**
£
**107,822**
127,077
**242,709**
240,575
**402,992**
474,305
**2,356**
3,554
**755,879**
845,511
**11,104**
11,112
**843,365**
888,183
**854,469**
899,295
**(98,590)**
(53,784)
**228,988**
282,772
**130,398**
228,988|
|---|---|
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 15 to the accounts.
8
## **Bristol Pride**
## **Balance sheet**
## **As at 30 September 2025**
|Note
**Current assets**
Debtors
12
Cash at bank and in hand
**Liabilities**
Creditors: amounts falling due within 1 year
13
**Net current assets**
**Net assets**
14
**Funds**
15
Restricted funds
Unrestricted funds
General funds
**Total charity funds**|**£**
**19,267**
**141,764**
**161,031**
**30,633**|**2025**
**£**
**130,398**
**130,398**
**14,582**
**115,816**
**130,398**|2024
£
28,119
208,488|
|---|---|---|---|
||||236,607
7,619|
||||228,988|
||||228,988|
||||15,804
213,184|
||||228,988|
Approved by the trustees on 14 May 2026 and signed on their behalf by
Freddie Daw Trustee
9
## **Bristol Pride**
## **Statement of cash flows**
## **For the year ended 30 September 2025**
|**Cash used in operating activities:**
Net movement in funds
Adjustments for:
Dividends, interest and rents from investments
Decrease / (increase) in debtors
Increase / (decrease) in creditors
**Net cash used in operating activities**
**Cash flows from investing activities:**
Dividends, interest and rents from investments
**Net cash provided by investing activities**
**Decrease in cash and cash equivalents in the year**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**|**2025**
**£**
**(98,590)**
**(2,356)**
**8,852**
**23,014**
**(69,080)**
**2,356**
**2,356**
**(66,724)**
**208,488**
**141,764**|2024
£
(53,784)
(3,554)
(20,548)
(14,653)|
|---|---|---|
|||(92,539)|
|||3,554|
|||3,554|
|||(88,985)
297,473|
|||208,488|
The charity has not provided an analysis of changes in net debt as it does not have any long term financing arrangements.
10
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **1. Accounting policies a) Basis of preparation and general information**
Bristol Pride is a charitable incorporated organisation registered in England and Wales. The registered office address is Kambe House, 34 Portland Square, Bristol, BS2 8RG.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Bristol Pride meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## **b) Going concern basis of accounting**
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves of £115,816. The board of trustees have previously agreed to hold in reserves sufficient funds to cover operating expenses as outlined in the reserves policy. The charity began the 2025–2026 financial year with less than this amount. There are plans in place to increase income and decrease expenditure to ensure that reserves are sufficient for the 2026–2027 financial year, with uncertainties in whether income from wristbands and bar sales will increase sufficiently. There are no material uncertainties about the charity's ability to continue as a going concern.
## **c) Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the Bristol Pride Festival is deferred until criteria for income recognition are met.
## **d) Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.
## **e) Funds accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
11
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **1. Accounting policies (continued)**
## **f) Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **g) Grants payable**
Grants which have been authorised and paid are included as expenditure in the Statement of Financial Activities. Grants which have been authorised but not yet paid are accrued in the balance sheet and are included within creditors falling due within one year or after one year (as appropriate).
## **h) Allocation of support and governance costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities in the same proportions as direct costs:
||**2025**|2024|
|---|---|---|
|Raising funds|**5.9%**|5.9%|
|Charitable activities|**94.1%**|94.1%|
## **i) Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **j) Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **k) Creditors**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **l) Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.
12
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **1. Accounting policies (continued)**
## **m) Accounting estimates and key judgements**
- In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
There are no key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements.
## **2. Statement of financial activities: prior year comparatives**
|**Income from:**
Donations
Charitable activities
Other trading activities
Investments
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net income / (expenditure) and movement in funds**|Restricted Unrestricted
£
£
28,614
98,463
10,761
229,814
-
474,305
-
3,554
39,375
806,136
-
11,112
24,725
863,458
24,725
874,570
14,650
(68,434)|2024
Total
£
127,077
240,575
474,305
3,554|
|---|---|---|
|||845,511|
|||11,112
888,183|
|||899,295|
|||(53,784)|
13
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **3. Income from donations**
|**Income from donations**|||
|---|---|---|
|Donations
Grants
**Total income from donations**
**Prior period comparative**
Donations
Grants
**Total income from donations**|Restricted
£
£
-
68,478
23,994
15,350
23,994
83,828
Restricted
£
£
-
78,663
28,614
19,800
28,614
98,463
Unrestricted
Unrestricted|**2025**
**Total**
**£**
**68,478**
**39,344**|
|||**107,822**|
|||2024
Total
£
78,663
48,414|
|||127,077|
## **4. Government grants**
The charity receives government grants, defined as funding from Bristol City Council and The National Lottery to fund charitable activities. The total value of such grants in the year ending 30 September 2025 was £34,844 (year ended 30 September 2024: £39,414).
## **5. Income from charitable activities**
|**Income from charitable activities**|||
|---|---|---|
|Festival tickets and wristbands
Parade
EXPO
Community stalls
**Total income from charitable activities**|Restricted
£
£
12,651
185,256
-
25,554
-
9,250
-
9,998
12,651
230,058
Unrestricted|**2025**
**Total**
**£**
**197,907**
**25,554**
**9,250**
**9,998**|
|||**242,709**|
14
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **5. Income from charitable activities (continued) Prior period comparative**
|**Income from charitable activities (continued)**
**Prior period comparative**|||
|---|---|---|
|Festival tickets and wristbands
Parade
EXPO
Community stalls
**Total income from charitable activities**|Restricted
£
£
10,761
183,899
-
30,955
-
5,500
-
9,460
10,761
229,814
Unrestricted|2024
Total
£
194,660
30,955
5,500
9,460|
|||240,575|
**6. Income from other trading activities**
|Festival sponsorship
Market stalls
Merchandise
Bar
**Total income from other trading activities**|**2025**
**£**
**110,503**
**33,979**
**2,985**
**255,525**
**402,992**|2024
£
148,516
29,050
432
296,307|
|---|---|---|
|||474,305|
All income from other trading activities in the current and prior period was unrestricted.
15
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **7. Total expenditure**
|Staff costs (note 10)
Other staff costs
Grants payable (note 8)
Office costs
Advertising and marketing
Artist fees
Event management costs
Other event costs
Accountancy
Bad debt expense
**Sub-total**
**Total expenditure**
Total governance costs were £2,150 (2024:
**Prior period comparative**
Staff costs (note 10)
Other staff costs
Grants payable (note 8)
Office costs
Advertising and marketing
Artist fees
Event management costs
Other event costs
Accountancy
**Sub-total**
**Total expenditure**
Allocation of support and governance
costs
Allocation of support and governance
costs|Raising
funds
£
8,327
-
-
-
-
-
-
-
-
-
8,327
2,777
**11,104**
£1,950).
Raising
funds
£
8,367
-
-
-
-
-
-
-
-
8,367
2,745
11,112|Charitable
activities
£
£
133,241
24,983
-
3,473
8,873
-
-
12,533
22,559
-
159,760
-
107,439
-
367,057
-
-
3,585
-
2,639
798,929
47,213
44,436
(47,213)
**843,365**
**-**
Charitable
activities
£
£
133,877
25,102
-
5,155
11,111
-
-
13,723
13,914
-
181,846
-
96,656
-
406,861
-
-
2,683
844,265
46,663
43,918
(46,663)
888,183
**-**
Support and
governance
costs
Support and
governance
costs|**2025**
**Total**
**£**
**166,551**
**3,473**
**8,873**
**12,533**
**22,559**
**159,760**
**107,439**
**367,057**
**3,585**
**2,639**|
|---|---|---|---|
||||**854,469**
-|
||||**854,469**|
||||£
167,346
5,155
11,111
13,723
13,914
181,846
96,656
406,861
2,683
2024
Total|
||||899,295
-|
||||899,295|
16
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
**8. Grants payable**
During the year, 17 (2024: 25) new grants were awarded to 10 (2024: 24) institutions and 6 (2024: nil) individuals to deliver projects to enhance or improve the lives of LGBTQ+ people in Bristol and the surrounding areas.
|**Grants payable to institutions:**
Trauma Breakthrough
House of Mannington
Yate Academy
Brace Yourself
Hong Kong Film Festival UK CIC
Evergreen Primary
Elmfield School
Kiki Bristol
OTR BANES
Queer China UK
House of Bousse
Sonder Spoken Word
Trans Pride Southwest
Bristol Ballroom Fruitea
CCS Adoption
Black Girl Convention
Trans Pride Bristol
Nature Queerdos CIC
Mose Rising CIC
CONQUEER
Grants < £500
**Grants payable to individuals**|**2025**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**1,000**
**-**
**-**
**-**
**-**
**1,000**
**600**
**500**
**500**
**983**
**1,150**
**5,733**
**3,140**
**8,873**|2024
£
750
500
500
500
500
500
500
500
400
900
1,000
500
500
500
840
-
-
-
-
-
2,221|
|---|---|---|
|||11,111
-|
|||11,111|
17
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
**9. Net movement in funds**
This is stated after charging:
|Trustees' remuneration
Trustees' reimbursed expenses
Independent examiners' remuneration:
Independent examination (excluding VAT)
Other services (excluding VAT)|**2025**
**£**
**Nil**
**Nil**
**2,150**
**650**|2024
£
Nil
16
1,950
460|
|---|---|---|
One trustee was reimbursed for travel expenses during the prior year.
## **10. Staff costs and numbers**
Staff costs were as follows:
|Gross salaries
Social security costs
Pension costs
Freelance staff|**2025**
**£**
**126,841**
**6,247**
**3,141**
**30,322**
**166,551**|2024
£
125,959
6,694
3,013
31,680|
|---|---|---|
|||167,346|
No employee earned more than £60,000 during the year.
The key management personnel of the charity comprise the Trustees, the Chief Executive Officer and the Festival Director. The total employee benefits of the key management personnel for the year ended 30 September 2025 were £94,580 (2024: £104,368).
|Average head count|**2025**
**No.**
**5.00**|2024
No.
4.00|
|---|---|---|
## **11. Taxation**
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
18
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **12. Debtors**
|Trade debtors
Accrued income
Prepayments
VAT
Other debtors
**Creditors: amounts due within 1 year**
Trade creditors
Accruals
Taxation and social security
Other creditors|**2025**
**£**
**3,966**
**11,730**
**3,571**
**-**
**-**
**19,267**
**2025**
**£**
**6,808**
**8,629**
**14,669**
**527**
**30,633**|2024
£
4,422
5,750
10,500
5,009
2,438|
|---|---|---|
|||28,119|
|||2024
£
603
3,524
2,796
696|
|||7,619|
## **13. Creditors: amounts due within 1 year**
## **14. Analysis of net assets between funds**
|Current assets
Current liabilities
**Net assets at 30 September 2025**
**Prior period comparative**
Current assets
Current liabilities
Net assets at 30 September 2024|Restricted
funds
£
14,582
-
**14,582**
Restricted
funds
£
16,554
(750)
15,804|General
funds
£
146,449
(30,633)
**115,816**
General
funds
£
220,053
(6,869)
213,184|**Total**
**funds**
**£**
**161,031**
**(30,633)**|
|---|---|---|---|
||||**130,398**|
||||Total
funds
£
236,607
(7,619)|
||||228,988|
19
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **15. Movements in funds**
|**Restricted funds**
BFI fan exhibition
Community fund
NL Community Grant
Quartet Training Programme
**Total restricted funds**
General funds
**Total unrestricted funds**
**Total funds**
**Unrestricted funds**|At 1
October
2024
£
-
10,804
-
5,000
15,804
213,184
213,184
228,988|Income
£
4,000
12,651
19,994
-
36,645
719,234
719,234
755,879|Expenditure
£
(4,000)
(8,873)
(19,994)
(5,000)
(37,867)
(816,602)
(816,602)
(854,469)|**£**
**-**
**14,582**
**-**
**-**
**At 30**
**September**
**2025**|
|---|---|---|---|---|
|||||**14,582**|
|||||**115,816**|
|||||**115,816**|
|||||**130,398**|
**Purposes of restricted funds BFI fan exhibition**
This covers the costs for the Queer vision film festival.
**Community fund**
To fund projects to enhance or improve the lives of LGBT+ people in Bristol and the surrounding areas.
## **NL Community Grant**
To fund improvements to accessibility across the 2 weeks of events and pride day.
## **Quartet Training Programme**
This funding will enable us to develop an LGBT+ allyship training programme which we will deliver to local businesses at a cost to raise income.
20
## **Bristol Pride**
## **Notes to the financial statements**
## **For the year ended 30 September 2025**
## **15. Movements in funds (continued)**
## **Prior year comparative**
|**Restricted funds**
BFI fan exhibition
Community fund
NL Community Grant
Quartet Training Programme
**Total restricted funds**
_Designated funds_
Community fund
General funds
**Total unrestricted funds**
**Total funds**
**Unrestricted funds**|At 1
October
2023
£
-
1,154
-
-
1,154
10,000
271,618
281,618
282,772|Income
£
4,000
10,761
19,614
5,000
39,375
-
806,136
806,136
845,511|£
(4,000)
(1,111)
(19,614)
-
(24,725)
(10,000)
(864,570)
(874,570)
(899,295)
Expenditure|£
-
10,804
-
5,000
At 30
September
2024|
|---|---|---|---|---|
|||||15,804|
|||||-
213,184|
|||||213,184|
|||||228,988|
## **16. Related party transactions**
There were no related party transactions in the current or prior year.
21