Registered Office.. Riverside The Quay Newport ip Isle of Wight P030 2QR info ride.or Charitable Incorporated Organisation No. 1175094 Trustees, Report and Annual Statement of Accounts Financial Year 2024 ISLE OF WIGHT PRIDE CIO (IW PRIDE) LEGAL AND ADMINISTRATION INFORMATION FOR THE YEAR ENDED 31ST DECEMBER 2024 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 2024 The Trustees present their report along with the financial statements of the Trust for the year ending 31 st December 2024. 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 fonned 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 with an estimated attendan￿ 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 2024 Andrew Peter John Newman Sara Portwine Hary Finnis Paul Edwards Anthon Pendleton (Trustee from March 2019) (Trustee from March 2023) (Trustee from October 2023) (Resigned July 2024) Resi nedA ril 2024 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 delemiine. ACHIEVEMENTS AND PERFORMANCE 2024 The year started planning for the years main event in July. A successful grant applicalion from Ryde Town Council set the scene 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. A couple of trustees stepped down and we thank them for their support and service to the community. Leaming from previous years attendances it was decided to concentrate on a ￿0- day event this year and to partner with the Symphonix Orchestra to host a special evenl on the Sunday and share costs and resources. The weekend would have the traditional Pride on Saturday and more entertainment on the Sunday with Symphonix Pride. The cost of using the infrastructure on the extra day 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. It was also decided to refresh our branding and create a newly designed logo. This was created by Island designer Sean Cuff inspired by seaside rock, symbolizing the diversity of gender identities and sexual orientations within the LGBTQIA+ community. It marked the start of a vibrant and inclusive year for Pride on the Island. In May it was RiverFest at the Quay in Newport. It was the first public activity of the year and volunteers, supporters and allies tumed out in force. Later in the month Pride had a presence at Bembridge Day. Both successful for fundraising and generating interest June also saw the Isle of Wight Music Festival and we were again honoured and grateful to be invited to atlend by the festival organisers Caroline and John Giddings. It is an excellent opportunity to raise awareness and additional funds. For these events and moving fO￿ard particular attention has been made to increasing and improving the merchandise on offer, to be in keeping with current trend and has become an important revenue stream. In July having successfully transferred our bank account to Lloyds back in 2023, we asked Barclays to fomially close our account and transfer any balance. This was completed on the 12 July 2024 and concluded our business with Barclays. With hard work and determination, everything was in place for Pride. Saturday unlike the previous year was perfect weather- our traditional parade started from Ryde School led by Raw Samba and an open top bus from Southern Vectis headed through the town. A number of local companies and community groups joined us and was followed up by the Hampshire and Isle of Wight Fire SeNice. Arriving on the seafront the parade was greeted by the Community Village in Eastern Gardens and a full line up of entertainment on the beach. The Community Village featured many local trades and local charities. To comply with licencing and manage numbers, the entertainment. which was aimed to the beach, was a free ticketed event. A VIP area was created with additional benefits for which a charge was made, supporting the cost of running the event. The headline acts were Ginger Johnson, the winner of RuPaul's Drag Race UK Season 5. She brought her signature charisma and flair to the Harbour Beach giving the event a refreshed look and renewed energy. We also had Kimberly Wyatt, former Pussycat Doll and pop icon, Dean Mccullough from BBC Radio 1 and DJ. The Islands very own drag sensation Quivers, known for energetic live shows, Smashby, a Queer pop artist with a bold, empowering style, The Boy George Experience, a tribute acl celebrating the iconic Culture Club frontman and Don One, a Drag King sensation and host of the day. The good weather continued for the Sunday as did the entertainment which was provided by our event partner as Symphonix Pride, with a 30-piece Orchestra delivering a spectacular musical experience featuring George Michael Tribute (Andrew Bowing), Freddie Mercury Tribute (Dave Jerome} and adding flair to the Sunday show drag queen performer Cherry Liquor. We are extremely grateful to everyone who contributed from team pride to ensuring the event was a success. The companies who supported us and the many who attended, including a number who travelled from the mainland. It is important to mention our key sponsors without whom the event would not happen.. Hovertravel, Red Funnel, Wightlink, The Media House, Ryde Town Council, Visit Isle of Wight, WRS Systems, Liz Earle, Wighffibre, UNISON, Southem Vectis. Royal Esplanade Hotel, Bembridge Youth and Community Centre and The National Lottery Community Fund To finish the year, we repeated our Christmas and New Year celebration at Strings in Newport, an event with free entry and entertainment with for our volunteers and the community. Accounts. The accounts for 2024 have been produced and independently examined by.. Allegri & Co, Accountants & Tax Consultants 16c Sandown Road, Lake, Isle of Wight, 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 forward from 2024 leaving the charity in a good position to move fO￿ard into the new year. Declarations The trustees declare that they have approved the trustees, 2024 report above. Signed on behalf of the charity's trustees Signature(s) Full name(s) Andrew Newman Sarah Portwine Position (eg Secretary, Chair, etc) Chair Treasurer Date 16 September 2025 (HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Report to the trustees ISLE OF WIGHT PRIDE CIO IIW PRIDE) On accounts for the year ended 31 De￿rnber 2024 Charity no (if any) 1175094 Set out on pages 1 to 5 above and in the CC16a Receipts and Payments Accounts below. I report to the trustees on my examination of the accounts of the above charity ("the Trusl") for the year ended 31 December 2024. As the charity's trustees, you are responsible for Ihe 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 Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examinalion, I have followed all the applicable Directions given by the Charity Commission under section 14515Xb) of the Act. Responsibilities and basis of report Independent I have completed my examination. I confitm that no material matters examiner's statement have come to my attention in connection wlh the examin81ion which gives Me cause lo believe that in any material respect-. Ihe accounting records were nol kept in accordance with section 130 of the Charities Act- or the accounts did nol accord with the accounting records- or the accounts did not comply with the applicabl6 requirements conceming the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that Ihe accounts give a 'lrue and fair view which is not a matter considered as part of an inéependenl examinalion. 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 lo be reached. Slgned: Date". Name: Relevant professional quallflcation{sl or body (if any).. Address: Allegri & Co Accountants & Tax ConsuHants 16c Sandown Road Lake Isle of Wight P036 9JP CHARITY COMMISSION FOR ENGIAND ANO WALES 1519 of Wlght Prlde Receipts and payments accounts CC16a For the period from To 01101rd024 3111212024 Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last yoar tothe rfftre to the r￿a￿&t E toth• wMt£ toth• n•*mt £ A1 Receipts Merchandi$e reven Dorbalions SponS￿￿1p Sland and Event Reveme Gran 7,244 7,244 180 21,250 15.876 6.000 7,$42 14,255 26,665 8,103 10,000 21,250 15,876 6,000 Sub total(Gmss income for ARJ 50,$50 65,565 A2 A$set and Investm8nt 5ale8, Isee tsblel. Sub total 50,550 50.550 65,565 A3Pa nts Ad¥ertlS4n9 Legal and Llcences Insurances Artl$l$ Enls Event dé¢or PPS Merchandis* Suppl￿￿- event and parade Slor8ge Websrfe AcC￿nL3ncY Otrice ex￿Se5 1,228 192 1.182 11,81É 1,367 4.OU7 1.228 192 1,IB2 1Y.816 1.367 4,087 4S,984 600 24 300 S12 2.24 1,182 23,788 333 6,480 17,D43 1,537 639 300 903 402 66,483 600 24 300 51Z Sub total 67.338 67,33 A4 As3et and Investment purcha$e6, (see tsble Sub total 67,338 67,338 55.483 Net of receipts/{payments) A5 Transfers between lund$ A6 Cash funds last year end Cash funds th1$ year end 16,7B8 16.788 10,082 31,031 14,243 31,031 14.243 £0,949 31,031 CCXX R1 attsuni$ ISSI 1110912025 Section B Statement of assets and liabilities at the end of the period Unrestrlcted funds to no4ro$t £ Restricted funds to nparest £ Endowment fund¥ C?tegorle$ Details to nearest £ B1 Cash funds Bank Aecomt 14,042 Payp81 Pettycas 141 Total cash funds 14.243 1am rer￿lpts and p8ym8r*8 acco￿($1) Unrestricied funds to near¢st£ Re5tr1cted funds to near4st£ Endowment funds to rbfrarest£ Details Fund towhl¢h ass4t b•lon Details Cosi Iopb¢)n•ll Current valu On81 83 Inve$tm•nt assets Fwd ¢0 wh*h asset belon Curront V•luo Details Coxt l0gtlon¥l B4 As$ats retslnèd for th• charity's own us• F￿Trd to whlch reiat•i JTrount due %¥hen d Detai15 B5 Liabilitigs Signed by on8 or ￿Y) trustees on behalf of all the trustees Signatu Print Name Date of roval CCXX R2 ac£ounls ISSI 1110912025