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2021-12-31-accounts

Registered Office:

Riverside The Quay Newport Isle of Wight PO30 2QR

info@iwpride.org

Charitable Incorporated Organisation No. 1175094

Trustees’ Report and Annual Statement of Accounts Financial Year 2021

ISLE OF WIGHT PRIDE CIO (IW PRIDE) LEGAL AND ADMINISTRATION INFORMATION FOR THE YEAR ENDED 31ST DECEMBER 2021

Trustees: Laura Michelle Fraser Andrew Peter John Newman

Patrons: Steve Taylor Jason Sutton (Miss Jason)

Registered Office: Riverside The Quay Newport Isle of Wight PO30 2QR info@iwpride.org

Charity Number: 1175094 Bankers: Barclays Bank Newport Isle of Wight

ISLE OF WIGHT PRIDE CIO

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021

The Trustees present their report along with the financial statements of the Trust for the year ending 31st December 2021. The financial statements have been prepared in accordance with the accounting policies set out in the 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 Depositing Standard for Smaller Entities published 16 July 2014.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Isle of Wight Pride is a Charitable Incorporated Organisation (Charity number 1175094) established in October 2017. This was a formalisation of a previous not for profit group which had been formed in 2016 as a direct result of a vigil which was held in Newport, Isle of Wight to mark the tragic shootings at the Pulse nightclub in Orlando, Florida. The not for profit group then successfully staged the first Isle of Wight Pride in July 2017 which was attended by 4999 people and in 2018 hosted UK Pride with an estimated attendance of 12,000 people. The not for profit group donated their surplus to the new CIO in October 2017.

As a membership organisation, the work of Isle of Wight Pride is overseen by a Committee of Trustees who, together with a larger group of volunteers are known collectively as Team Pride. Team Pride delivers our cause and objectives and form our core membership with voting rights. In addition, we have an informal membership category for supporters who do not have voting rights, we have yet to instigate this optional membership category.

Our constitution sets out in detail the mechanism for membership (with voting rights) and election of Trustees.

We have no paid officers. Isle of Wight Pride is fully run and managed by volunteers.

Trustees 2021

Andrew Peter John Newman Laura Michelle Fraser

(Trustee from March 2019) (Trustee from April 2019)

OBJECTIVES AND ACTIVITIES OF ISLE OF WIGHT PRIDE

As set out in our constitution, the objects of Isle of Wight Pride are as follows:

To promote equality and diversity for the public benefit and in particular, the elimination of discrimination on the grounds of sexual orientation and gender identity of those living in the Isle of Wight (the area of interest) by:

a) Raising awareness of the public about the issues and difficulties affecting the lives of lesbian, gay, bisexual and transgender (LGBTQI) people;

b) Cultivating sentiment in favour of equality and diversity and in particular, through celebrating the diversity of the LGBTQI community;

c) Staging an annual LGBTQI festival and smaller events throughout the area

d) Such other objects as are charitable under the laws of England and Wales as the trustees shall in their absolute discretion determine.

ACHIEVEMENTS AND PERFORMANCE 2021

Due to the COVID pandemic, 2020 was a year no one would wish to repeat, so it was with much disappointment that days into 2021 a second lock down was announced. By March schools started to reopen and whilst new variants started to appear, the way forward was still very uncertain.

For these reasons, the trustees, having spoken with a number of volunteers, and other parties took the decision not to organise a Pride Festival in July. Whilst it was hoped outdoor events would be permitted it was not worth the risk to commit resources especially financial to an event that could one moment be on and cancelled the next.

It transpires this was the right decision as Freedom Day was not until 19 July, two days after the Pride Festival should have occurred.

Whilst it was not possible to have the main pride festival, members of the local community and IW Pride came together to support a “Summer of Pride” a number of one off events arranged by individual business and arranged in a covid safe manner.

This had a massive impact on IW Pride and as a result this report again is considerably shorter than in previous years.

As the summer progressed, events and activities started to return, however people were very cautious. Many still taking precautions as cases of Covid still remind relativity prevalent.

In September the Isle of Wight Music Festival, delayed from June was held. Thanks to the generosity of the organisers, IW Pride was offered the opportunity to attend with a stall to promote the charity and raise funds. Whilst the event was organised with strict precautions to prevent the continued spread of covid (including proof of negative tests). It was very difficult to recruit volunteers and we attended with small handful of people.

The year continued with many covid related challenges, preventing the desire for people to come together. IW Pride continued to monitor the situation and attend small events on the Island in a covid safe manner.

Charity Name No (if any) Isle of Wight Pride 1175094 Receipts and payments accounts

No (if any) 1175094 CC16a

For the period Period start date To from 01/01/2021

Period end date 31/12/2021

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £
-
250
-
51
-
-
-
-
301
-
-
-
301
589
353
-
614
2,227
-
-
-
-
3,784
-
-
-
3,784
- 3,483
-
18,831
15,348
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
-
250
-
51
-
-
-
-
301
-
-
-
301
589
353
-
614
2,227
-
-
-
-
3,784
-
-
-
3,784

- 3,483
Total funds
to the nearest £
-
250
-
51
-
-
-
-
301
-
-
-
301
589
353
-
614
2,227
-
-
-
-
3,784
-
-
-
3,784

- 3,483
Last year
to the nearest £
Merchandise Revenue - 444
Donations and legacies 250 522
Stand and event revenue - 1,154
Other income 51 3,000
- -
- -
- -
- -
Sub total(Gross income for
AR)
301 5,120
A2 Asset and investment sales,
(see table).
-
- -
~~Sub total~~ - -
Total receipts
A3 Payments
5,120
Advertising 589 660
Insurances 353 509
Artists and entertainment - 900
Supplier -parade and event 614 661
Office /general admin expenses 2,227 452
- -
- -
- -
- -
**Sub total ** 3,784 3,182
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
3,182
- 3,483 - -
- 3,483
1,938
- - - - -
18,831 - - 18,831 16,893
15,348 - - 15,348 18,831

CCXX R1 accounts (SS)

29/10/2022

1

Section B Statement of assets and liabilities at Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Details
Details
Bank Account
Paypal
Petty cash
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
14,825
-
474
-
50
-
15,348
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
ANDREW PETER JOHN NEWMAN
LAURA MICHELLE FRASER
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
ANDREW PETER JOHN NEWMAN 22/10/2022
LAURA MICHELLE FRASER 22/10/2022

CCXX R2 accounts (SS)

29/10/2022

2