Registered number. 11326518 Charity number: 1176263 Northumberland Pride Limited la ¢ompany limited by zuarantee) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021 Prepared By: F.E.Laughlin Ltd Va JC Accountants 19 Norfolk Streer Sunderland SRI IEA '138(NN. 20101r2022 COMPANIES HOUSE A14
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Northumberland Pride Limited ANAPICIAL STATEMENTS FOR ThE YEAR ENDED 30 APRIL 2021 TRUSTEES Darn John lThlne-Duffy Laura Elizabeth Collinson-Knapp Erica Joan Rothwell (appointed 10103121) ReGISTEREO OFFICE Pride Media Centre Unit Tl, Sionehills. Shields Road. Pekw, Tyne and Wear NEIOOHW COMPANY NUMBER 11326518 CHARITY NUMBER 1176263 INDEPENDENT EXAMINEA Fiona E Ramsev F.E.Laughlin Ltd 19 Norfolk Street Sunderland SRI IEA BANKERS Barclays Bank PLC 53 Fawcett Street Sunderland SRI IRS Starlin8 Bank 3rd floor 2 Finsbury Ave London EC2M 2PP Page I
Northumberland Pride Limited FOR ThE YEAR ENDED 30 APRIL 2021 CONTENTS Pages Report ofthe Trustees Report ofthe Independent Accountsnt Staternent of Financial Actriities Balance Sheet Cash Flow Staternent Notes to the Accounts io 12to18 Page 2
Northumberland Pride Limited TRUSTEES. REPORT . FOR THE YEAR E14DED 30 APRIL 2021 The Trustees present their report and the unaudited financial statements for the year ended 30 April 2021 which are also prepared to meet the requirements for a directors, rep)rt and accounts for Companies Act purposes. This period is 12 months arml covers from l of May 2020 to the 3 April 2021. The prior period wa5 also for 12 month5. The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reporting by crIt< in preparing the annual report and financial statements of the charity. Objeetlves and Artl¥ltles Oblert5ves and Alms The Trustees have paid due regard to guidance issued by the Charity Commis%on In det.Fdii)g what activities the Charity should undertake in order to further the tharitable purp05e5 for the publbc benefit. These artlvitles are summarised below. Northijmberland Pride vrns fomied in August 2017 after public discussions took place on the needs of the counV5 Lesbian, Gay. Bisexual and Transgender (LGBT+) communrties. Northurnberland Pride was incorporated as a limited company in 2018 to provide protection and greater accountability and is a registered charity. Northumberiand Pride will deliver èn annual county wide pride event as well as delivering other events and projects that benefits the communities it seeks to 5eprftce. As a charity our objects are to promote equality and divefsity for the public benefrt and in particular the elimination of distrirnination on the grounds of sexual orientation or gender identity. includin8 In parttcular not exclu5i¥ety by. l. Raising the awareness of the public with regard to all aspects of discrimination in SoCty and issues and difficulties affectinB the lives of lesbian. 8ay. bisexual and trans8ender ILGBT) people- 2. Cultivating • sentiment in favour of equality and diversity in particular through celebratin8 the achievements of LGBT people and the diversity of the LG6T community." 3. Advancing educat#)n and raising awareness in equality and divewsity whether by teachin& interaction, perforniance Of producing and/or displaying artistK and oiher material5: 4. Producing publitations, lectures, media. promotifig public events and exhibitlons. publlc advocacy and other means of communication; 5. Associating with voluntary organisations. and/or 80MMental. publK and prwate bods to develop and maximise the effectiveness of voluntsry organisations run by.and for LGBT people: 6. Stsging and promotin8 LGBT events and in particular an annual LGBT festi1. 7. Creating safe spaces where LGBT people can explore their culture and heritage that breaks down barriers, celebrates inclusrQety a'nd removes social exclusion: 8. Prornoting artivities to foster understanding between people from diverse backgrounds. Page 3
Northumberland Pride Limited Due to Covld-19 we were unable to hold our 3 prmle event and march in 14orthumberfand and rfrdirected our energy and resour5 into scaling up existin8 ser¥ice delivery and lauKhed new one& We delivered various projecls thanks to funding from local. reglonal. afKI national funding Ixxlie5. We'¥e supported vlctims of domestic and sexual violence and abuse through wrt from Northumbria Police and Cfim&Commissioner.andthe.Ministry of.Justir*. We hand-delivered hundreds of Wellbeing Bags across Northumberland and the wider North-Ea5t. from the borders of Scotland to the borders of Cumbria. These went to LGBT+ people of all ages. Some of our ba85 included pre-paid sim cards for the m05t vulnerabk. A5 restTirtions eased. we were able to continue delivery, which included sessions for YOU people. Durlng this dlfficult year. we learned a lot. We found that ourwork was vital. and a lifeline for many. We took what worked best and replicated it across Ix>undaries. We found that working together was crucial and have worked as part of mtslti-agency partnerships on ollaborative basis across various thematic issues. Pfide, for many. is the annual safe space for LGBT+ people and allies. As a result of Co¥id-19, we were unable to dellver this crucial safe space that is also a vitsl pktform for our partners to reach LGBT+ people. We have and will continue to work across boundaries to provide what LGBT+ people need alongside our partners. Engagernent ha5 increased this year. with the development of new projects. Feedback has been positive. in particular where v're able to provide support that would tske months due to ststutory waiting tirnes. Whilst ivs disappointing.that we are unable to deliver all our planTred activitie5 due to the pandemic. this hasn't hampered our success and it show5 how adaptable we are a5 an or8ani5ation. We anticipate that we will see exponential growth, as we exit a period of great uncertainty across all of our actNities. This is based on existing engagement in our commrtY development work within the county and nd. Northumberland Pride has a8ain brought LG8T+ issues to the forefront. to celebrnte and ratse aw8reness of equlty, equality and dlversity but a150 deliver crucial services for the o)mmunities we serve. The Charity was able to recruit a new Trustee in this this period and corrtinues to attract new volunteers with the ri8ht skills into the future in order to achieve its Objertps. LG8T+ people have suffered greatly as a result of Co¥id-19. not least because of the numerou5 inequalities thev face as a result of their sexuality andlor gender identity. Covid-19 exacerbated already marginalised communities and by scalin8 up servlce delivery we were able to support LGBT+ people when they really needed IL Sl8nifi¢ant Actlvltles The main actNity of the company this year was the delivery of new service line4 and in particular a serwice that supports victims of Domestic and Sexual Violence and Abuse. Mentsl Health and wellbei&. Aside from this we have focused on the xale up of our delivery foryoun8 people. Page 4
Northumberland Prlde Llmited Publlc Benefft Northumberland Pride Is a unique asset to the County of Northumberland which. despite our presence. still has limited or8anisations whose overarching objectives are solely for LGBT+ people. We raise awareness of LGBT+ issues, that can be challenging and identify ways in which we can use our platforni and positions to support people locally as well as being part of an ever-recognisable global movement. We are able to engage with individuals and or8anisations at all levels in an indusive way for the benefrt of the public. Volunteers We ran most of our actlvlties through the year wlth amazing volunteers whom without their support it 5impty wouldn't be possible to deliver what we do. Volunteers tske on a variety of roles in Yaryin8 degrees of length from being a committee member. to being a ndraiser or march steward. Northumberland Pride is run by Voluntee whom skills and experien deliver much needed prog$$ locally and globallv. FINANaAL REVIEW Financial posltlon General fund income in the period was £57.726, primarity frorn grants. donations. and Sponsorships. Expenditure was £25,301 resulting in a net expenditure of £32,425. Reserves policv At 30 April 2021. reserves are £39.370 12020 £6.945) due to the organisation running as a not for profit organisation whilst tsking particular Ca to ensure the charity achieves its objectives and satisfies its creditors. Goin8 ¢onom As our or8anisation grows we must ensufe that our revenue is protected. The Trustees rethgnise that we cannot rely on one source of income in onler to achieve our objectives and so use various income raising activities In order to achieve this. Covid-19 has presented a unique and major challenge for our organi5ation: the cancellation of our 2020 main events is deva5totinB to the Many LGBT+ people who rely on pride, to the oruanisations that we work with whom we provide unique opportunities to engage with LGBT+ people for their be and to the &xal economy and it5 people. Covid-19 has had a devastating irnpact on the physical and mental health and wellbeing of LGBT+ people who are disproportionately affected by the pandemic. In Northumberland. issues such as rurality and its isolating Pdctors put LGBT+ people at a disadvantage. The Trustees constantty review5 fundiNd Opportunities and will conttnue to accelerate its work in community development in order to meet the needs of its beneficiar*s durin8 thi5 uiiprecedented time and anticipate an inCre of thi& into 20211202Z. Social attitudes to LGBT+ people have reSSed during the Covid-19 pandemic. Regukr policy changes will continue to have an impart on the fvture of facfrto-face Northumberland Pride events. Despite the Trustees committing to a Northumberland Pride Festival event in 2021. this will largefy be scaled back and with a major gap in funding. It is expected that future major changes will be required to Sustain the Northumberland Pride Festival beyond 2021 and the Trustees main objective is to tske a balanced approach in order to protect the future of the charity. Page S
Northumberfand Pride Lwnited Funds in Credit The general fvnd wa5 in credit at the end of the year by £39.370 (2020 £6.9451. Plans for future perlods The 5hort-term priority for the chafity continues to be the delivery of community drrven projett work in line with our objectives which has so far allowed the charity tts shift its prtorities from a rnainly face to face events based organisation to a key Servi delNery organisation for LGBT+ people in Northumberland and beyond. Our focus remains on the mental health and wellbeing of LGBT+ people and in particular supporting and Sourc1ng groups and activities for young people collaboratively. In the medium-tem we will focus on the recovery of face-bFface events during sustained shut-downs. and. in particular: work with our key stakeholders to deliver fa to face events including pride. which is a key event that prior to the pandemic was successfulty engag1 thousands of LGBT+ citizens. This includes taking a batsnced funding approach to delivering Northumberland Pride Festival in the future a1 tsking into account the financial vlability of su5tainin8 the ent. In the lon8-term. thè charlty will continuè to strengthen Its finaThclal reslllence is ah organtsatlon so that It eaii maintain vital service5 for LGBT+ into the future. Prlnclpl rlsks and un¢ertalntles The principal risk to the charity is short-tenn grant funding and unrestricted income sources. The change in funding prioritie5 may irnpart the chartties ability to meet a growin8 demand for ser4tces into the future. Unrestricted income sources remain limited due to the impart of CoYid-19. The Trustees envisaged increase in demand is certain into the next period as a result of Covid-19 and new challenges. Northumberland Pride Festival 2020 was pOstned and whilst it is known that outdoor events will be able to take place, the artual limitations a unknown. The Trustees have and will continue to seek to recover costs paid for its events that will not take place or where appropriate a5 detemiined by the Trustees with professional advice as appropriate. There 15 a high risk that in 2021 the event will either be postwned or scaled back so that the tntstees can meet their additional legal obligations against emergency legislation and public health poliry which would likely incur iKrea5ed expenditure in any event. The Trustees believe Covid-19 will continue to affect its abilrty to raise sufficient funding to dellver Its annual LG8T+ festival as a result of an unprecedented intrease in costs. Despite this. the Trustees plan is a scaled back community event that is financialty viable and in line with its objectives as5urni restrittions allow this. although this may be at a dlfferent time than forecasted i.e. AuSt 2021. The pandemic has allowed the Trustees to accelerate its plans for community based proiect ¥w)rl T*hich has allowed it to meet the needs of LGBT+ people at thi5 very unique and difficult time. The future plans of the charty will be affected and 8uided by continued grave UertaInty in the handling ofthe Covid-19 pandemiL As such the ability of the Trustees to execute this plan will be guided by this fact and its statutory SpOnSibl1111es and may be limited. at short fK•tKe. Despite these facts. the Trustees forecast the level of funding required to meet its objective5 on a regular basis $0 that they are in a position to meet the charl$ obli8ations. Pa8e 6
Northumberland Pride Limited srRUCWRE, GOVERNANCE AND MANAGEMENT Governi document The charity is controlled by its governing documenL a deed of inrt and constitutes a limited company. limited by guarantee. as defined by the Compart$ Act 21)J6. REFERENCE AND AOMINisfRATIVE OETAILS harlty Name" Charity Number. Company Number: Northumb¢rland Pridg Limitod 1176263 11326518 Re81Sted Office: Pride Media Centre Unit Tl. Stonehills. Shield5 Road. Pelaw. Tyne and Wear NEIOOHW The organisation is 8ovemed by a Board of Dirertor5. which wnsist.S 1)f nomin4t¢d. member5. The Bgard is responsible for the mana8ement and control of the Charity and overall dirertion of its work. Diortors are also appolnted as Trustees of the Charity. The Oirectors have the power to Co-opt new Direttors as set out in the Memornndum and Artides of A550Ciatton. The Trustees, who a also the Direrto. rs for the Pvfpose of MpanY law, a1 who s¢rv¢d dyring the year r$. Darren John Irvine-Duffy Laura Elizabeth Collinson- Knapp Erica Joan Rothwell (appointed 10103121) Exemptlons from Disclosure There are no exemptions from disclosu. Funds Held as Custodlan Trustee on Behalf of Othevs There a no funds held as Custodran Trustee on behalf of other Malor rfsks Major risks have been reviewed and sVStem5 or procedures have been established to manage those risks. Polkles and procedures for Inductlon and tTrlnlry of It There are in the process of being created. Page 7
Northtsmberland Pride Limited srATEMENT OF TRUSTEEY RESPONSIBILITIES The Trustees, who are also the Dirertors of Northumberfand Pride Limited for the purpose of company law. a responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and Unlted Kingdom Accountin8 Standards (United fin8dom Generally Accepted Accounting Pratticel. Company law requi the Trustees to prepare financlal statements for each flnanclal year whlch glve a true and fair view of the stste of affairs of the charity and of the incoming resouros and application of resources, including the income and expenditure. of the charitable company forthat yeaf. ststement as tt• discl(•sure of Inforn to the independent aca>untanL In preparing these accounts. the TStee$ a required to: Select suitable accounting policies anil then apply them consistently: ObsÈ¢ve the thethods and Princip$ iri the Charrtiès SORP: Make judgements and estimated that are rea50nable and pent. and Prepare the financial statements on the going concem basis unless it is inapprowiate to presume that the charity will continue in operation. The Trustees are responsible for keePId proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements compty with the Companies Act 2(. They are also responsible for safeguarding the assets of the charitable company and hence for takin8 reasonable steps for the prevention and detection of fraud and other irre8ularitie5. On Behalf of the Board of Trustees Darren Ir¥intrDuffy Trustee Dated- .L_6.lo.i.1.2DIZ. Page 8
Northumberland Pride Limiteil INDEPENDENT EXAMINEWS REPORT FOR THE YEAR ENDED 30 APRIL 2021 INDEPENDENT EXAMINEVS REPORT TO THE TrUSTEE5 OF NORThUMBERLAND PRIOE LTD I report the to the tharity trustees on my examination olth¢ actsnts of the company forthe year ended 30 Aprll 2021 whlth are Set out on pw to l& Respertive Responslbllltles of trwtees and examiner As the tharity trustees of the company land also its direttors for the purposes of company lawl you are responsible for the preparation of the accounts ITr accordan with the requirements of the CoMpanS Act 2006 I'the 2006 Acy). Having satisfied myself that ¢he affounts of the company are not required ¢9 1)e audited vnder 16 gf ¢b. 21x16 Act and are eligible for independent examination, l port in respect of my examination of your CoMpanS accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 ACVI. In carrying out my examination I have folk>wed the Dirertions given by the Charity Commission under section 145{51 {bl of the 2011 Act. Independent examlner's statement I have completed my examination. I confim that no matters have come to my attention in Con[ctIon with the examination giving me (ause to believe that in any material respect: accounting records were Mt kept in respect of the company a5 required by section 386 of the 2CKJ6 Act". or 2. the accounts do not accord with those records- or 3. the accounts do rt compty with the accounting requirements of section 396 of the 26 Act other than any requirement that the accounts give a 'true and fairviev/ which is not a matter considered a5 part of an independent examination- or 4. the accounts have not been prepared in accordaKe with the metlx>ds and principles ofthe Statement of Recommended Practice for accountin8 and reporting by charities lapplKable to charitie5 preparin8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come acn>ss Th) other matters in connection with the examination to whlch attention should be drawn In this report in order to enable a proper understsndire of the accounts to be reached. Fiona Ramsey FCA For and on behalf of F.E. Lah}In Ltd 19 Norfolk Street Sunderland SRI IEA IElIlz
Northurnberland Pride Limited STATEMENT OF FINANaALAcnvmES (INauDING INCOME AhlD EXPENDMIRE ACCOUNT)) FOR THE YEAR ENDED 30APRIL 2021 Notes 2020 Income and end•ts Irom Donation5 and legacies Charitable activtties Other trodinB artlvlt*s Total Income and endowThnts 56,217 16.907 57.726 25,786 ndlture Raisin8 funds Charitable activities Other Total exPendIre 25.301 34.945 25.301 34.945 Net inme/(•XpendltTej and net fflement In funds fi)r the year 32A25 {9.1591 Reconclllation of fvnds Funds brought forward Total funds urrled ftwwa 6.945 39,370 16,104 6.945 This statement of financial activities indude5 all gains and k)sses recognised in the year. income and expenditure has arisen from contlnuing activities and 15 a55iEned to unrestricted funds in both years. Thts statement also includes the income and exPeIltUre account for the Companies Act 21. Page io
Northumberland Pride Limrted BALANCE SHEET AS AT 30APRIL2021 Tangible assets 2.202 559 Current assets Debtors Cash at bank and in hand io 18.810 42.922 61,732 7.071 14,958 22.029 Cfedftovs: amounts falllng due wlthln one year li 24564 15.643 Net currert assets 37.168 TOTAL NEf ASSEf5 39,370 6,945 The Funds of the Charlty Unrestricted income fund5 Total Charlty Funds 13 39.370 39.370 6.945 6.945 The charltatAe company is entitled to exemption from audit under Section 477 of the Companies Act 2CI)6 for the year ended 30 April 2021. The members have not required the chaiitsble company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006. The trustees acknoedge their responsibilitie5 for. al ensuring that the charitable company keep5 accounting records that comply with Sertions 386 and 387 of the Companies Act I( and bl preparing financial statements which give a true and fair view of the state of the charitable company as at the ¢Dd of pèch financia.l y¢ar of ts syrplus or deftil for eafh finanrièl ytèr in •CranGe with. the requirement5 of Sections 394 and 395 and which otherwise comply with the reqU1ments of the Companies Act 2( relating to financial 5taternents so far as applicable to the charitsble company. These financial statements have been prepared in accordance with the special provlsions of Part 15 of the Companies Act 2(K16 relating to small charitsble companies. The notes on pages Page 12 to Page 18 forni part of these financial statement& The financial ststements were approved bythe Board of Trustees on 21 and signed on their behalf Darren Ir¥ine-Duffii Tiustee Pa8e 11
Northumberland Pride Limited NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2021 Accountiry Policies Northumberland Pride timited a company limited by guarantee in En8land and is reEi5tered in England and Wales. In the event of the charity being wound up. the liability in respett of the guarantee is limited to £1 per member of the charity. The address of the re8iStered offbce is 8iven in the charity information on page 7 of these financial ststements. The nature of the charivs operations and principal activltles are 8Nen on pa8e 3 of these financial statements. The chadty con5titute5 a public benefft entity as defir by FRS 102. The financial statements have been prepared in accordance with Accountire and Reporting by Charit•es: Statement of Recommended Practice applicable lo charities preparing their accounts in actordano with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in OttobEr 2019. the Financial Reportlng Standard applicable in the United Kingdorn and Republic of Iland IFRS 1021. the Charities Act 2011, the Companles Act 2006 and UK Generalty Atpted Accounting Practice. The financial statements are prepared on a goi concem basis under the historical cost conventlon. modified to include certain items at fair Value. The financial 5tstemeTrts are presented in sterlin8 which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applieis in the preparntion of these financial statements are set out below. These policie5 have been consistentFy applied to all years presented unless Otherwise stated. Ib. Income All income is recognised in the Statement of FiTrancial Artivities 0e the (harity has entttlement to the funds, it is probable that the income will be received and the amount can be measured reliably. other than income that relates to specific future events. The charity receives govemment grants. Income from govemment and other grants are recognised at fair value when the charity has entitlement after any perforniance conditions have been met. it is probable that the income will be recetved and the amount can be measured reliab. If entitlement is not met then these amounts are deferred. IG Exwndlture Liabilities are recognised as expendbture a5 soon as there 15 a legal or con5trurtive obligation committin8 the charliy to that expénditure. il ts probable that a tran5feT of econoiillc bénèftfs 4¥ill bé rèquiièd in settlement and the amount of the obligation can be rnea5ured reliably- Expenditure 15 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to that category. Where costs cannot be dirertly attributed to particular headi they have been allocated to activitie5 on a basis consistent with the use of resources. Irrecoverable VAT is charged as an expense against the actiwty for which expenditure arose. Id. Taxation The chority is an exempt charity within the meaning bf schedule 3 of the Charitie5 Art 2011 and is considered to Pa55 the tests set out in Paragraph I Schedule 6 Finance kt 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Page 12
Northumberland Pride Limited le. Fund Accountl Unrestricted funds can be used in accordance with the charitable objective5 at the discretion of the trustees. Restricted lunds can only be used for particular restricted purposes within the objects of the charity. Restrictlons arise when specified by the donor or when funds are raised for particular restritted purposes. All funds are unrestrlcted. If. Talble fixed ass¢ts Trngible fixed assets are ststed at cost (or deemed costl or valuation less accumued depreclation and accumulated impairment losses. Cost includes costsdirectly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets. at rates cakulated to write off the cost. le55 estimated residual value. of each a55et on a systematic basis over its expected usefvl life as follows: Fixture5 and Fitting5 Straight line 33% Debtors and creditors with no stated interest rate and 1¥able or payable within one year a recorded at transaction price. Any losses arising from impaimient are recognised in expenditu. Ih. Cash at bank •d in hw Cash at bank and in hand includes cash and instant access bank accounts. 11. Provisions a reco8ni5ed when the char•ty has an obligation at the balance sheet date as a result of a past event. it is probable that an oirtfiow of economic benefits will be required in settlement and the amount lj. Penslons The charitable company has no employees and therefore has no pension contribution& Ik. Fin•n¢l in5trufftnts The charitable cornpany onfy ha5 financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recogni5ed at transaction value and subsequently measured at their settlement Value. 11. Preparallon of the a¢o)unts on a ¢offern basis The charitable company reported net income of £32.425 in the year. The financial statements have been prepared on a going concem basis as the tfU5tees believe that no material uncertainties e$t. The trustees have considered the level of fvnd5 held and the experted level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of serIeS for the charity to be able to continue a5 a going concern. Im. Operat1 leases The charitable company has no operating leases. Donated 5¢r¥ices and facllttie5 No amount is included in the financial statements for Irtunteer time in line with the SORP. Further deta51 is 8iven in the Trustees. Annual Report. Page 13
Northumberland Pride Limited L DONATIONS AND LEGAaES 2021 2020 Donations l including gift ald) Grants 652 55.56S 56.217 3,507 13,400 16.907 The grants include local authority grants of £0 {2020 £10.81. £9.055 of grants received in this financial year have been deferred to the following financial year. Of the .grants of £14,706 receNed in the prior period in respect of the 2020 event that were deferred to the 2021 year £5.(YYJ have rW been deferred to the following financial year. Of these £5.IXK) are from local authorities. 3. INCOME FROM OThER TRADING ACTIVrnES 2021 2020 Fundfaising events Food and bar tender Sponsorships Market 5ts11s Other seNice5 and incidentsls 1,663 115 3,050 4.051 8.879 4. ANALYSIS OF EXPENDMIRE ON CHARITABLE pEs 2020 A¢tivities undertaken lIe¢V Wristbands, lanyards and collecting buckets Marquee and other rentsts First aid costs Event perfomiers Event security Prizes. Posters. banners. t shirts ar other costs Refreshments and catering Wellbeing resources Youth Worker Costs Miscellaneous Costs 14,850 894 4.315 1,433 4.402 287 2.557 3,075 5,288 11.207 1,216 27,110 Page 14
Northumberland Pride Limited Bank Chafge5 Advertigft8 and promoting LG8T Telephone Website hosting ststionery and printin8 and postage Repairs and Renewo15 Cleanin8 and PPE Depreciation Virtual Office rent Subscriptions Insurance Companies House fees Office refreshments Travel ènd subsistence Software Legal Fees Governance Consultan Independent examinerfs remuneratK)n 2.633 2.284 io 129 237 260 149 240 38 760 786 243 314 207 34 1.116 1.366 150 107 7,326 989 882 960 Total expenditure on charitsble artivities 25.301 34,945 TRUSTEES, ftENUMERAnON AND BENEFITS There were no Trustees. remunerntion or other beneffts for the period ended 30 April 2021. {£2020 £nill Trustees, expenses Subscription costs totallin8 £80 were reimbursed to l Tntstee12020 Travelling expenses of £111 to 2 trustees). 6. STAFF cosrs The average monthly number of employees during the year was as follows: . 2020 2019 Employees No employees recei emoluments in excess of £60,LMX) Page 15
Northumbefland Prlde Limited NET INCOMEY(EXPENDITURE) FOR THE YEAR Net income / (expenditu) is stated after charg1- 2021 2020 Depreciatlon 8. INDEPEI¥DENT EXAMINER'S REMUNERATtON FOR THE YEAR The independent examiners rernunerdtion amounts to an independent examination fee of £989 12020- £960). This includes prepardtion of the financial statements. TANGI8iE FIXED ASSETS FIxleS and Cost At l May 2020 Additions 2,403 2,403 Disposals At 30 April 2021 3.205 3,205 Depreciatlon At l May 2020 Charge for year Disposals 243 760 243 760 At 30April 2021 I.IXJ3 l.(K13 Net Book Value At 31 April 2020 At 31 April 2021 559 559 2.202 2.202 Tangible fixed assets are held to further charitsble artivities. No assets are held under finance leases and all are included at cost. Pa8e 16
Northumberland Pride Limited IIX DEBTORS Paid in advaKe for future events Phone costs reimbursed in eOr 6.21KI 6,610 Prepayments costs 12.604 18.810 461 7.071 A mobile phone contract was ented Into which was in error done In a directorfs personal name instead of in the name of the company. This will be reimbursed to the company by the dirertor. A new contract has been taken out post yearend correctly In the company narne. 11. CREDrroRS {AMoupifs FAWMG DUE V*TTHIN ONE YEAR) 2020 Trade creditors Accrued costs Deferred income I note 121 13,219 12.9681 960 17,651 15.643 10,356 24.564 12. DEFERRED INCOME Under I year At l May 2020 Additions durire the year Released to income 17.651 17,651 4.055 4.0551 111.3501 111.350) 10.356 10.356 At 30 April 2021 Deferred income is money rrfeived in advance for future specific event& 13. MOVEMENT IN FUNDS At 1320 Net At 30.4.21 In funds Unrestrlrted funds General fund TOTAL FUNDS 6,945 6.945 32,425 32,425 39,370 39.370 Page 17
Northumberland Pride Limited RELATED PARTY DisaosuRES There were no related party transactions for the year ended 30 April 2021. 15. There are no adjusting post balance sheet events. Page 18