Registered Office: Riverside The Quay Newport Isle of Wight P030 2QR info iw ride.or Charitable Incorporated Or8anisation No. 1175094 Trustees, Report and Annual Statement of Accounts Financial Year 2023
ISLE OF WIGHT PRIDE CIO (IW PRIDE) LEGAL AND ADMINISTRATION INFORMATION FOR THE YEAR ENDED 31ST DECEMBER 2023 Trustees.. Sarah Portwine Andrew Peter John Newman Harry Finnis Patrons.. Steve Taylor Registered Office: Riverside The Quay Newport Isle of Wight P030 2QR info@iwpride.org Charity Number: Bankers.. 1175094 Lloyds Bank Isle of Wight ISLE OF WIGHT PRIDE CIO
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 The Trustees present their report along with the financial statements of the Trust for the year ending 31st December 2023. 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 4,999 people and in 2018 hosted UK Pride wilh an estimated attendance of 12,000 people. The not-for-profit group donated their surplus to the new CIO in October 2017. The work of Isle of Wight Pride is overseen by a Committee of Trustees along with a group of volunteers who are known collectively as Team Pride. Team Pride delivers our core objectives and events. We have no paid officers. Isle of Wight Pride is fully run and managed by volunteers. Trustees 2023 Andrew Peter John Newman Sarah Portwine Harry Finnis Paul Edwards Anthon Pendleton (Trustee from March 2019) (Trustee from March 2023) (Trustee from October 2023) (Trustee from October 2023) Trustee from October 2023 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 (LGBTQIA+) 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 2023 The year started with a challenge and a need to recruit additional trustees and volunteers to deliver the aims and activities of the charity. Following an appeal via local and social media several people came forward resulting in an additional trustee and volunteers. With new optimism and news of a successful grant application from Ryde Town council work started on organising the event and included additional applications for funding, approaching sponsors, selecting event suppliers, making licence applications and the many tasks involved in staging pride. It was decided to continue with the three-day event. Starting on the Friday evening with entertainment, the Parade, community village and main entertainment on the traditional Saturday and more entertainment on the Sunday. The cost of using the infrastructure on the extra days was minimal and presented the opportunity to increase revenue to support the work of the Charity. It also had the potential to raise the profile and work of the charity over a longer period and be of greater interest to potential sponsors. In May it was wonderful to attend RiverFest at the Quay in Newport. It was the first public activity of the year and volunteers, supporters and allies turned out in force. Later in the month Pride had a presence at Bembridge Day. June also saw the Isle of Wight Music Festival and we were again honoured and grateful to be invited to attend by the festival organisers Caroline and John Giddings. It is an excellent opportunity to raise awareness and funds. With hard work and determination, everything was in place for Pride. However, it was becoming evident that Summer 2023 was not what many had hoped for with high winds and rain appearing more than the sunshine. It was with a heavy heart that two days before the main event, and in the interests of public and volunteer safety due to predicted bad weather we would postpone. A hectic morning of meetings and phone calls with key stakeholders, suppliers. traders and artists secured a new date in August. We were then able to announce the postponement with a new date. The big day arrived in August and the weather cleared up and the sun shone. A successful weekend made possible due to the generous support of existing and new sponsors. Hovertravel has sponsored IW Pride since the very start, and were joined by Red Funnel. WRS Systems, Snows and Ascensos. We received grants from Ryde Town Council, Visit Isle of Wight and the National Lottery. The main location was Eastern Gardens in Ryde. Friday evening started the weekend with a mixture of entertainment. Saturday was perfect weather, the parade started from Ryde School and headed through the town. Arriving on the seafront the parade was greeted by the Community Village and a full line up of entertainment at Eastern Gardens. A minute's silence was held for members and allies of the community no longer with us. The Community Village featured many local trades and local charities, entertainment featured a selection of local bands and drag queens.
The good weather continued for the Sunday as did the entertainment. We are extremely grateful to everyone who contributed to ensuring Ihe event was a success. Also, the many who attended, including a number who travelled from the mainland. During the autumn we were able to welcome some new trustees and volunteers to the team. To finish the year, we held a Christmas and New Year celebralion at Strings in Newport, over 150 enjoyed free entry and an evening of entertainment Dawn the Drag Queen and Andrew Browning as George Michael. Accounts. The accounts for 2023 have been produced and independently examined by: Algr1 & Co, Accountants & Tax Consultants 16c Sandown Road, Lake, Isle ofwight, P036 9JP The accounts show sponsorship and income covered the costs of staging the annual pride event, and with a good level of donations, merchandise and events. This has created a surplus and carry fomard from 2023 leaving the charity in a good position to move fOard into the new year. Declarations The Irustses declare that they have approved the trustees, report above. Signed on behalf of the harity's trustees Signature(s) Full name(s} Position (eg Secretary, Chair, etcl CHrtIo Date 02107124-.
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees ISLE OF WIGHT PRIDE CIO (IW PRIDE) On accounts for the year ended 31 Dernber 2023 Charity no (if any) 1175094 Sat out on pages I to 5 above and in the CC16a Receipts and Payments AccoLbnts below. I report to the trustees on my examination of the accounts of the above charity {"the Trust") for the year ended 31 Dember 2022. As the Charity's trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 (Yhe Act.). I report in respect of my examination of the Trust'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. Responsibilities and basis of report
Independent I have completed my examination. I confirm Ihat no material matters examineVs statement have Come to my attention in connection with the examination which gives me cause to believe that in any material respecl.. the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and contenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fail view which is not a matter considered as part of an independent examination. I have no Goncerns and have come across no other matters in connection with the examination to which altention should be drawn in this report in order to enable a propel understanding of the accounts to be reached. Signed". Date: Name: Relevant professional qualification{s) or body (if any): Address: Allegri & Co Accountants & Tax Consultants 16c Sandown Road Lake Isle of Wight P036 9JP
CHARITY COMMISSION . FOR ENGLAND ANO WAIES Islo olwlght Prld& Receipts and payments accounts CC16a For the perlod from To 0110112023 3111212023 Section A Receipts and payments Unrestrleted fLbnds to the nearesl R8Stri¢te(f lund$ Endowment fund8 Total funds Last year toth$ nearost£ to the neareste tothenearest£ lolho n8arési£ Aq Reeel ts MetcPiandise rev8nL OoThatton8 Sponsoiship Stand and Event Revenue Grants 7.642 14.2$5 .065 8.103 10.OOD 5.853 25.685 8,103 22.074 5.595 Sub total(G$S income for AR) 65,565 65A65 3S,907 A2 Asset artd In¥estment sales. (see table). Sub tot•1 rotal reoelpts 05,665 65,565 3&907 A3 Pa monts Advertlsing Ltysl end U¢6n¢es In$uiances Artists and Enls Evenl décJJr PPS Merchandise Supdittfs-evenl and parade Slora Website Accounianry Offi¢eexpenses oth 2.248 648 1,18Z 23,768 333 6,4eo I7,V43 1,637 639 300 903 402 55,483 2.716 778 627 6,36r 5,989 2.138 648 1.182 23,766 333 8,480 17,043 1,537 639 2,410 260 9CIts 402 SS.483 997 176 33•7 Sub total A4 Assfrt and Investmont purcha¥e$, ¥èè tabla Sub total 66,483 SS,483 30.307 N&t of Mcelpts/(psymènts) AS Tran$f•rs between fund5 A6 cash funds la3t year end C4sh fvnds this year end .10.082 10,082 5.600 20,949 31,031 20.948 31,031 16,349 20.949 CCXX Rl a¢¢ounls ISSI 2710W2024
Section B Statement of assets and liabilities at the end of the period Unrestricted funds trj n8OTest£ Restricted funds lo nearest Endowment fund8 lo nFarest£ Categories D&trJil$ B1 Ca$h funds B*A#0t 30.839 Paypal Petty Cgsh 141 Total c4$h fund$ 31.031 Unrestrlctod funds 10 neaMst£ Restrl¢ted funds io nearest£ Endowment funds Detalls to nearest£ Fund lo thl¢h assetbÈlo Currènt valu• Detalls Costloptlonall Fund towhl¢h assél b#ltsn DÈtalls Costlopllonall Current valu B4 Assets retalned for the charity'5 own use Fund to whlch rfjlales Amountdu Whon due Details BS Uabllltl•8 Signed by one ortrlQ Iwsle8s on behalf of all Ihe Iru$tees Dale of roval Signature Print Name CCXX R2 accounts ISSI 271CW2024