Charily nutnbvr: 1170263 Northumberland Pride TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 STEPHENSON COATES AUDIT LIMITED Chartered Accountants & Statutory Auditor West 2, Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD
Northumberland Pride Financial Statements Y@2r pndp.d 40 April 2024 Page Reference and administrative dela1$ Trustees, report Independeni Examlfier'5 Report io Statement of financial activitle5 linclijdine tnrnm* and pKppnditlArp. accctruntl Balance Sheet 12 Noteg to thp financial statements 13.20
Northumberland Prlde Reference and administrative detalls Year ended ao April 2023 Registered charity name Northumberland Pride Tradin8 name Pride Action North Charity re8iStration number 1176263 Registered office Ashington Workspace Liriluiivillv Pdl kwdy Ashington Workspace Northumberland NE63 9JZ Trustees D J Irvine-Duffy E J Rothwell G L bradshaw A K Dalton (appointed 11 May 20231 C. I pigh lapnnintpd ?1 Marrh ?.n?41 G L Minards (appointed 13 May 20241 J A Trigg lappointed 13 May 20241 S M Corpe (appointed 13 May 20241 Independent Examiner Peter Alexander BS Stephenson Coates Avdit Limited Chartered Accountant5 & Statutory Auditor West 2, Asama Court Newcastle Bu5ine35 Park Newcastle upon Tyne NE4 7YD Bankers Bartlays Bank plc 53 Fawcett Street Sunderland SRI IRS Equals Money Vininers Place 68 Upper Thame3 Street London EC4V 3BJ
Northumberland Pride Trustees, Report Year ended 30 April 2024 The Truslee5' present their report tO8ether with the financial Statements of the charity foT the year ended 30 April 2024. Objectlves and Aims The Trustees have paid due resord to guidance issued by the Charity Commission in decidin8 what activities the Charitv should undertake in order to further the charitable purposes for the public benefit. These activities are summarised below. Northumberland Pride w35 formed in August 2017 after public discussions took place on the needs ol the countvs Lesbian, Gay. Bisexual and Transeender ILGBT+l communities. Northumberland Pride's aim is to deliver an annual Northumberland pride event as well as deliver other events and services that bènefits the communities it seèks to serve. As a charity our objects are to promote equality and diversity for the public benefit and in partlcular the elimination of discrlmination on the 6rounds of sexual orientation or sender identity, including in particular but not exclusively by.. l Raising the awareness of the public with regard to all aspect5 of discrimination In society and issues dnd difficultie5 affeilin¥ the lives vf lesbidn. gay. bi5Exual and traris¥eriJvi ILGBTI people,. 2 Cultivating a sentiment in favour of equality and diversity in particular through celebrating the dLlii¥veiTieiiLs ul LfjBT vUJ1 diid tl)e divei sily ul tli¥ LG8T iuiiiiiiunity, 3 AdvancinR education and raisin% awareness in equality and diversity whether by teachinL interaction, performance or producin8 and/or displaying artlstic and other materials.. 4 ProducinE publications. lectures, media. promotin% public events and exhibitions, public advocacv and other means of communication,. 5 Associatine with voluntary organisations. and/or governmental. public and privole bodie5 to develop and maximise the effectiveness of voluntary or8anisatlOll5 run by and for LGBT people,. 6 5taRini and prornotinl LG8T events and In particular an annual LGiST festival. 7 Creating safe spaces where LG8T people can explore their culture and heritage that breaks dowr¢ barriers, celebrates inclusively and remove5 social exclusion,. 8 Promoting activities to fosler understanding between people from diverse backgrounds. The breadth of work the Northumberland Pride delivers continued to grow over the last year, and the Trustees pay due re8ard to their responsibilities it support LGBTQIA+ people atross Northumberland and Tyne and Wear. Achievements and perfarmance During the 2023-2024 period, we continued to grow and expand our impact, particularly by enhancin8 our work with children and young people and strengthening collaborations with other providers to support them both in and out of edL*cation We expanded our one-to-one and group support services for beneficiaries of all ages across Northumberland and Tyne and Wear TrtJ<tpp< anrt nppratirtnal %tAff ensijrpd that our delivèry rpmainèd aligned with sector Standards while stiate8ically managin8 growih io ensure consistency and quality in seiCe delivery.
Northumberland Prlde Trustees, Report Icontinuedl Year Èndèd 40 April 2024 A key factor in our success has been ihe development of the Charity Manager role durin8 the year. This role has provided strategic leadership while ensuring the smooth operational delivery of services for our beneficiaries. This approach has allowed the charity to meet the evolving needs of LG8TQIA+ people, ensuring access to 5UPPOrt whenever and wheiever It Is nee(ied. Collxhoration has been central to our success. WÈ @xtènd our gratitude to all our partners. Including Northumtyerland Family Hubs, with whom we Share resources to better support LGBTQIA+ young people in Nonhumberland. To guide our work, the Trustees have adopted a new three-ye3r strateElC plan. Pro8ress will be reviewed re8ularly by the Trustees and Charity Mana8er, with an annual review involving staff. tru5tee5, and beneficiaries to ensure alignment with the charitV5 objectives. This year, we welcomed new staff to drive forward project-5pecific goals. While recruitment remains a challenge, we continue to diversify our approaches to attract and retain talent through c3ndidatg- focused processès. Staff and TriJ£tÉhg£ partir.ipxlp in rggular training and dovelopmp.nr tn gtay informÈd of developments in their respective areas of expertlse. ProSert Delivory and Impact We delivered a range of impactful projects this year, thanks to support from local. regional, and natjonal fundèrs Key 3chi@vements include: Supportin8 survl¥ors of domestic and sexual ¥Solence and abuse: Through funding from the Northumbrla Police and Crime Commissioner vio the Ministry of Justice, we have continued to provide specialist support to survivor5. Partner referrals have increased, and raising awarene55 of our 5eiviies reint11115 d priority to ensure 5urvivurs Ldll dLLe>> tliv lielFJ iliey IlVeLS. SupportlnR LGBTQIA+ vounR people: Funded bv the UK Youth Fund, 8allinRer Trust, Bernicia, Garfield W¥5LL)11 FuuiiLJdlivTI, drid uiliers, tliis wuik iiicluded oiie-to-one oiid 8roup 5ession5, community education, and partnerships with other organizations. Sustainin8 and expanding thi5 work particularly one-to.one support lor children and young people will remain a key focu5 in the comin8 year. HÈlping young pÈople aged 11-25 thrive in and out of education: Funded by The National Lottery Community Fund, thi5 project employs a Link Worker and Education Coordinator for three years to 5uppvI I LGBTQIA YVUFits PVUFJIV iii btjtli iiifuiiiial aiid foi-ni•l 5ettlll85. EstablishlnR a posltive partnership wlth East Bedlln4ton Parish Councll.. This collaboration revived a youth offer for famllle5 In the par15h. We are excited to build on this P¢lltntrihip iri the CUlTIIII¥ YVJI. Adapting to Challenges The Trustees reco8nise the ongoin8 need for specialist 5UPPOrt for LGBTQIA+ people, as well as the importance of having professionals who undorstand their uniqLie ch3llene@s In oiir rè8ions, access to such services outside of our organisation remains limited beyond a few committed charities. As we grow, we are becomins the so-to organi5ation for LGhTQIA support in many 8eo8raphical areas.
Northumberland Prld@ Trustees, Report Icontinuedl Year ended 30 Aprll 2024 To meet this challenge, we continue to work collaboratively with other organisatlons, fosterinA a shared approach to supporting LGBTQIA+ people across the North. While expanding our own services, we also act as a catalyst to help grow and strengthen LGBTQIA+ services across the re8ion. Collaboration remains at the heart of our strategy, ensurin8 a sustainable approach lo meeting the needs of LG8TQIA+ communities. Our strare8ic oblectlves I, Strcnsthen or8anisotiotial ¢apa¢lty to ensure lon8-term su$tainJbility and $rowth. Increase the number of Trustees and diversify their sklllsets. Establish tailored programmes to enhance the skills and knowledge of staff. Diversify fundin8 sources, securing srants. ponsorships, donations, ond commissionin6 opportunitlCS to support sustained growth and development. Implement efficlent systems and processes to streamline operations and resource allocation. Develop a robust succession plarb to ensure Smooth leadership transitions. Ensure staff remuneration, good wages, and support strong working conditions. 2. Ensure that services and support are accessible, Inclusive, and tailored to the diverse needs of LGBTQIA+ communities. Conduct rè8ular tommunity input sessions to inform the developmenl and adaptation of services_ Enhance training programmes for staff to support their development. E5rabllsh an addiilonal offlce base io exiend a permanenr presence In Tyne and Wear. 3. Strengthen partnerships with diverse stakeholders to enhance the impart and reach of LGBTQIA+ programmes. Establish mutiially beneficial partnerships with tross-sector organiiations. Collaborate with statutory partners to enhance referrals into PAN services. En8age with i)iedia to iiicrea5e visibility and eiisure accurate representation of LG8TQIA* i5sue5. 4. Empower LGBTQIA+ people to actively parti¢ipate and lead In their communities. Provide traininB and resources to LGBTQIA+ people. Facilitdle networkin8 events and pro8ramme3 that tonnect LGBTQIA+ peoplc. Recognise and celebrate LG8TQIA+ achievemer¢ts and contributions to society. Offer platforms and opportunities for LGBTQIA+ people to1È3d and contribute. 5. Influence pollc5es and leglslation to protect and advance LGBTQIA+ rights. Develop 5troii8 I"elotion5hip5 Wlth key policymaker5. Demonstrate the importance and urgency of advancing LG8TQIA+ rights protections. Mobilize the LGBTQIA+ community and allies to engage in advocacy.
Northumberland Pride Trustees, Report Icontinuedl Year ended 30 April 2024 6. Maximise and communicate the Impact of Pride Action North. Develop a robust system for data collection and analysis. Publish annual impact reports. Utilize various communication channels to effectively showcase PAN'S work. i. create a volunteering programme that Is engaglng and successful. D@vèlnp vnluntppr rnlp< with piJrpnEè. Recruit a Volunteer Coordinator. Build a Strong and diverse volunteer team. Establish a volunteer training programme that instills a sense of purpose and enthusiasm. Recognise. celebrate, and share the contribution5 of volunteers. 8. Achieve orsani5ational stabllity and resilience. Increase financial reserves. Implpment a new risk management regi%tÉsr plan that identifios long-term risks and mitigations la5 Identified through SWOT and PESTLE analyses). Fnhxnre (Jr8ani<ati()nal npgrxtinn< lo int@grat& new technologies. Strate8lc and Operational Growth This year, we coniinued to expand our presence, continuing to be based in Ashington Workspace. This fleiible acce55ible space has significantly improved our ensa8ement V4ith bcncficiarics, while outreach efforts have ensured rural communities are not excluded from accessln8 support. Our partnership5 Wlth local infrastructure or8aniJationJ, businesses, and networks havc grown, ddre5sin8 critical thernes such as health and well-being while advancing our mission. Positive feedback has reinforced the impact of our sernices. particularly counsellinR. which continues to play a vital role in reducing statutory waiting times. We are actively exploring opportunities to expand our therapeutic offcrin85, Wlth a focuo on increasin6 our counsellins provision ir* partnership with other orsanisations. subject to funding availability. In ali8nmcnt with our strate8ie commitmcnt, we established an office in Newcasile upon Tyne, which has already proven instrumental in f05tering collaboration and engaging stakeholders in Tyne and Wear. We look forward to fLtrther developing these relationships in Ihe coming year. The Trustees recognise the dynamic landscape of LG8TQIA+ support in Northumberland and Tyne and wear. While our core objectives remain unchanged, we are conTlnuously adaptln8 our approache5 anit themes to address evolving needs. Looking ahead, we anticipate implementing necessary Changes to ensure we contlnue to meet the needs of our beneficiarie5 effeciivelv.
Northumberland Pride Trustees, Report Icontinuedl Year ended 30 April 2024 Looklng Ahead We remèin Steadfast in our commitment to raising awane$S of equity. equalityi and diversity while providin8 Vltal services to the communitie5 we selve. As we prepare for continued growth, our Priorities include.. Recruiting and retaiTrin6 Skilled staff and volunteers, alon&5ide onboardins 4ddition•l Trustees to address identified skills gaps. En5urin8 our referral proce55es remain accessible and user-friendly. Continuing to address the inequalities faced by LG8TQIA+ people, which have been further exacerbated by national crises and sQ¢l¢tal perception3. We extend our gratitude to all our funders, partners, staff, and volunteers who have supported our work aiid 51iared iii our vision. To8ether, we ore buildins a 5tron8er, more inclusive community.
TogetherWeAreSlronger
Slgnificant Artlvitles The chai"ity'5 (Ofe fo¢u5 remain5 the delivery of e33ential Jervice5, Wlth a particular emph95is on providing tailored one-to-one and group 5UPPOrt for LGBTQIA+ people. These services address a ran8e of thematic issues, with mental health and well-being at their heart. Public Benefit Northumberland Pride is a unique asset in Northumberland and Tyne and Wear which, despite our presence, continues to have limited organisations whosc ovcrarchin8 objectives are solèly for LGBTQIA4 issues, that can be complex, challengin8 and identify way5 in which we can use our platform and positions to SUPS)ort people locally as well os being pan of an ever-ieco8n15able global movemeni. We are able to engage with individuals and or8anisations at all levels in an inclusive w?y for the benefit of the public. Volunteers Volunteers support our activities and without whom it simply wouldn'i be possible to deliver what we do. Volunteers take on a variety of roles in varying degrees of len8th from bein8 a committee member, to being a fundraiser or support the delivery of projects. The Trusiees plan to create new roles in thè next year with the support of oiir Inral infra£triJetiArè nrganisation. FINANCIAL REVIEW Flnancial Posltion General fund income in the year was É142,889 12023.. £111,547), primarily from 8rants, donations. and sponsorships. Expenditure was £167,534 12023..£146.1401 resulting in net expenses of £24,645 12023.. £34,593).
Northumberland Prlde Trustee5' Report Icontinuedl Year ended 30 April 2024 Re5erve5 Pollcy At 30 April 2024, reserves are £6.51112023.. £31,156) of which £5.164 are regarded as free reserves after allowing for funds tied up in tangible fixed a55et5, due to the or8anisation running as è not for profit oreanisation whilst taking particular care to ensure the charity achieves its objectives ènd satisfie5 its creditors. Going Concern As our organlsaiion continues io expand, ensurlng flnanclal susialnabllliy remalns a lop prlorliy. The Trustees reco8ni5e the necessity of diversifyin8 income 51reams to meet our objective5 and actively pursue a range of fundraising strategies to secure the resources nee(Jed for our work. Continuing to address the inequalities faced by LGBTQIA+ people Temain central to our mission. These challenges have been further exacerbated by nation31 crises and societal perceptions, creating significant barriers to mental and physical well-being. particularly in rural areas where access to services is limited. Even in urban 5etting5, 50clal Isolatlon and 5Y5tetnii iiiequÈtliLieJ pvi>is1, uiidEIsLUlili¥ iliv importance of our work. The Tru5tee5 are Luttimltted io proactively id¥iiLifyiii¥ diid 5ecuriiig divei>¥ fuiidiiTr¥ upportunitie5 to 5UStain and grow our services. By scaling up service deliveryi we aim to meet the evolving needs of our beneficiaries and eontinu@ fost@rin8 8rowth throiJ8hoiJt ?n?112fl24 and hpyond. Plan5 for Future Period5 The short-term priority for the charity continues to be the delivery of community driven services Aligned with our objectives, our focus remains on enhancin8 the mental health and well-be¢n8 of LG8TQIA people, with a particular emphasis on supporting and resourcing collaborative groups and activities for all aRes. In the medium term, our priority is to deliver on the stralegic plan, ensuring that the charity'5 goals are met effectively and efficiently. This includes implementing programmes outlined in the plan to address the evolving needs of LGBTQIA people and Strengthen our impact across all areas of work. Looking ahead. the charity is committed to buildin8 long-term financial resilience to maintain its vital services whilc expandins to mect the srtswing and diverse needs of LG8TQIA4 communitlos. Thruu8h focusing on sustainability. we will ensure our ability to continue supporting individuals and driving meaninRful chanRe into the future. Principle Risks and Uncertaintio$ The charity faces a significant challen8e in its reliance on short-term grant funding artd restrirted income streams similar to all charities, which may limit its ability to meet the increasing demand for services. Shifts in funding priorities continue and could further impact the organi5ation's capacity to deliver critical support. While there are more opportunities for core funding, funders are shifting iheir objectives which drives intensè competition and makes securing these resources increasingly difficult.
Northumberland Prlde Trustees, Report Icontlnuedl Year ended 30 April 2024 Recruitment remains a key challenge, wilh CUTrer¢t market conditions affectin8 the charity's ability to fill employed positions. The Trustees anticipate it will take L)P to a further 24 months to reach staffing levels that align with the charity's 8rowin8 needs and ambitions. The heightened demand for services, exacerbated by external pressures and the limited availability of gpeci3lis@d lor.al %iJppnrt fnr LCIBTQIA+ pooplÈ, add< fLtrthpr strkin tn thp nrganÈ£2tinn and raparity needs. The c.harity'g plans arÉ Shappd by a landeAP* of iJn¢•rtainty. infliipnr.pd hy gxtgrnal pressures. international (Jevelopmerits, and national policy uncertainties. These factors undouolfully constrain the Trustees. ability to respond to emergln8 challenges. Despite these uncertainties, the Trustees remain proactive in financial planning. re8ularly forecasting the resources required to achieve the charity'5 objectives and ensure they seek specialist support from professionals in order to arrive at their collective decision making position. The Trustees are forw3rd thinking which ensures the charity remains well-positioned to fulfil its obligations and continue delivering essential 5upporr to lis beneflcl3rle5. STRUCTURE, GOVERNANCE ANn MANAGEMFNT Governing Document The charity is tontrolled by lis governing document, a deed of trusi as adopted 8 August 2017 and amended on 11 December 2017. Decision MakinR The organisation is governed by a 8oard offrustee5, which consists of nominated members. The Board is rèsponsible fDr thp management and contro1 of the Charity and overall directlon of its work. Directors re also appointed as Trustees of the Charity. The day to day operatior15 of the charity are over seen by the Charity Manager who 15 reportable to the Charity Chair. The Tru5tee5 who served during the year were.. D J Irvine-Duffy E J Rothwell G L Bradshaw A K Dalttrn13pposnted 11 May 20231 C Leigh lappointed 21 March 20241 Exemptions from DTr5c105yre There are no exemptions from disclosure. Funds Held as Custodian Trustee on Behalf (rf Others There are no funds held as Custodian Trustee on behalf of others.
Northurnberland Pride Trustees, Report Icontinuedl Y•ar endod 30 April 2024 Major Ri5k5 Mojor risks have been reviewed and systems or procedures have been established to manage those risk5. Polici@s and Procedures for Inductlon and Tfainin8 of Trustees Northumberland Pride recognises that an induction programme Is vital to ensure they understand the work. demands and requirèments of their role. All Trustg95'. Receive links to key document5 and have acce55 to all policies and procedures of the organisation, their purpose and implémèntation This includes general organisational policies. organigational chart. board skills and experience, minutes of meetings, charity commission guidance i.e., the essential trustee Receive training relevant to their role, responsibilities and individual needs. This includes Safeguarding, Nealih and Safety, Employment Law, Dive151ty drid Iriilu5ivn, Fiwidriiial M(Illd¥[Tl¥1It Trustees are kept up to date with re8ards to or8anisational development5. alongside updates from i¥&uldtur) Lind Pdltner5. Annual appraisal and opportunities for mentorinB and training. Statement ¢>f Trustees, responsibilities The iru5tee5 are required io aci In accordance with the Trus1 Deetj dlltj Ilie iul¥s ol Ilie Trust within the framework of trust law. They are re5POnsible for keeping proper accounting records which are sufficbent to show anrl pxplain ihe Triigt's transactions and tn di4rlasp with rp3snnabl(4 acc.uracy at any time the financial position of the Trust, and to enable them io ensure that any staiements of 8ccount comply with the requirement3 of the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safe8uard the assets of the Trust 3nd to prevent and dètett fr3ud and other irreeularities. Approval The Trustees, annual report was approved on 10 january 2025 and signed on behalf of the Trustees bv: D Ir¥lne-Duffy Trustee
Northumberland Pride io Independent Examiner's Report to the Trustees of Northumberland Pride Year endÈd ao Aprll 2024 I repart on the financial statements for the year ended 30 April 2024, which comprise the statement of financial activities (including income and expenditure accountl, balance sheet and the related notes to the accounts. Respon51billtles and basls of report As the charity Irustees of the Trust you are responsible for the preparation of the accounts in accordance with the requlrements of the CMarllle5 Act 2011 1.the 2011 Act'l. You consider thai ihe audit requirements of section 144 of the 2011 Act do not apply and that an independent examination is Having saiisfied myself Ihai ihe accounis are not required 10 be auttiied, I repon In respeci of my examination of the Trustee's accounts carried out under Section 145 of the 2011 Act. In carrying out my examination I have followed 311 thg appli¢abl• Diro¢tion$ given by the Charity Commission undèr sèction 14515llbl of the 2011 Act. Independent examiner's statement I have compleied my examlnailon. I conflrm ihai no maiters have come to my attention In connection with the examination givin8 me cause to believe that In any material respect.. • accounting records were not kepi in respeci of Ihe Trusi as requlred by 5ectlon 130 of (he 2011 Act- or • ihe accounts do not accord with those records,. Of tht¥ xrrnifftnt* dn not comply with the applicable reouirements concerning the form and content ofaccounis set out in the Charities (Accounts and Reports) Regulation5 28 other than anv requlrementthat the account> sive a 'true and fair Vie which is not a mattcr cOnldcred as Part of an independent examination. I have no concerns and have come acros1 no other matter5 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. Peter Alexander Bsc Stephenson Coates Audit Limited Chartereé Accountants West 2. Asama Court Newcastle Bu5ines5 Park Newcastle upon Tyne N£4 7YD Date: 10 January 2025
Northumberland Pride li Statement of Financlal Activitles {Includlng Income and ExpendSture Account} Year ended 30 April ZOZ4 Note 2024 2023 Unrestricted funds Restricted funds Total funds Total funds Income and endowmellts Donations and legacies Other tradlng activities Total income 15.997 21.297 37,294 105.595 121.592 21,297 142,889 106,152 5,395 111,$47 105,595 Expenditure Charitable activities Total expenditure 61.939 61.939 105,595 105,595 167,534 167,534 146,140 146,140 Net lexpenditurell income 124,6451 124,6451 134,5931 Funds brought forward 31,156 31,156 65,749 Total funds carried lonvard 16 6.511 6.511 31,156 The statement of financial activities include5 all gains and losses recognised in the year. All income and expenditure delive from continuing activitie5. The notes on pases 13 to 20 form part of thcJe financial statements.
Northumberland Pride 12 Balance Sheet As At 30 AprS12024 Note 2024 2023 Fixed Assets Tangible assets Current Assets Debtor5 Cash at bank and in hand io 1.347 11,277 li 41,837 7,618 41,837 56.576 Creditors: amounts due wlthln one year 12 36,673 26,089 Net current assets 5.164 30,487 Total assets less current Ilabllltles 6,511 41,764 Capital Grant 14 110,6081 31,156 Net assets 6,511 Charity Funds Unrestricted funds 6,511 6,511 31,156 31,ISG 16 The financial Siatements were approved by the 8oard of Trustees on 10 January 2025 and signed on their behalf by.. D Irvine-Dulfv Trustee
Northumberland Pride 13 Notès to the Financial Statements Year ended 30 Aprll 2024 General Information Northumberland Pride is a registered charity in England and Wales. The address of the registered office is Ashington Workspace, Lintonville Parkway, Ashington, Northumberland, NE63 91Z. Accountlng Pollclès 2a. Basls of Accounting The charliy constliutes a public tsenefit entiiy as defined by FR5 102. The financial staiemenis have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to tharities preparing their ac£ounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in Octgber 2019, Ihe Charltles Act 2011, Ihe Companies Act 2006, and UK Generally Accepied practlce. The financial stalements are prepared on a going concern basis under the historical cost convention, modified to Include cerialn Items ai lalr value. The flnanclol statements are presented In sterllng which is the functional currency of the charity and rounded to the nearest £1. Tlie Significant accounilng pollcles applled in the preparation Df Ihe5e financial 5tatement5 are Set uul below. These policies have been consistently applied to all years presented unless otherwise stated. Zb. Income All income is recognised in the Statement of Financial Activitie5 once the charity has entitlement to the funds, it Is probable that the Income will be received and the amount can be measured reliably, other than iiicome tlial i"elales to specific future eveTrt5. The charity receives Rovernment Rrants. Income from government and other grants are recoBnised at fair v&lue when the cliai ily lias eiititleiiient after any performance coiiditlOn5 havt been met, it 15 probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Grants for capital expenditure are show as deferred income and are 8mortised over the useful life of the asset. 2¢. Expenditure Liabilitie5 are recognised as expenditure as 500n as there is a legal or constructive obligation committing the charity to that expenditure, it 15 probable that a transfer of economit benefits will be req¢Jired in settlement and the amount of the obligation can be measured reliably. Expenditure is accounte(J for on an accruals basis and has been classilied under headin5 that areate all c05t related to that category. Where c0515 cannot be directly attributed to particular headings they have been allocated to actbvities on a basis consistent wlth the use of resources. Irrecoveroble VAT is thar8ed a5 an expense a8ain5t the artivity for which expenditure arose.
Northumberland Pride 14 Notes to the Financial Statements {¢ontinuedl Year end•d 30 April 2024 2d. Taxatlon As a registered Charity, the Trust 15 generally exempt from income taK and capital gains tax, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates. 2e_ Fund Accounting Unrestflcted fund5 can be used in aecordance with the charitable objectives at the discretion of the trustees. Restricted fund5 can only be Used for particular restricted purposes within thc objects of the charity. Restriclioiis arise when specified by the donor or when funds are raised for particular restricted purposes. 2f. Tangible Fixed Assets Tan8ible fixed assets are stated at cost lor deemed costl or valuation less accumul3led depreciation and accumulated impairment losses. Cost includès Costs directly attributable to makin8 the asset capaLile of operating a5 intended. Depreciation is provided on all tangible fTrxed assets, at rates calculated to write off the cost, less estimated residual value. of each asset on a systematic basis over its expected useful life as follows.. Fixtures and Fittin8S 33% Straight line Motor vehicles 25% Reducing balance 28. Debtors and Crèditors Receiv3blo/Payable Within One Year Debtors and creditors wsih no stated interest rate and receivable or payable within one year are recorded at transaction price. Any105ses arising from impairment are recognised in expenditure. lh. Cash at bank and In Mand Cash at bank And in hand includes cash and instant attÈ%s bank accounts. Zl. Provislons Provisions are recognised when the charity has an obligation at the balance sheet date as a result of past event, il is probable that an outflow of economic benefit5 will be required in settlement and the amount can be rèliably estimated. Zl. Pen>ion> The charitable company has pension contributions under a defined ContribtIon auto enrolment i11fdngetnent. 21. Preparation of the Accaunts on a GoinR Concern B3SIS The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure fof 12 months from authorising these financial statements. The budseted income and expenditure is suffitient with the level of reserves for the charity to be able to continue as a 80ing concern.
Northumberland Pride 15 Notes to the Financial Statements Icontinuedl Yoar Ènded 30 April 2024 2m. Operatlng Leases The charitable company has one operating lease for rent in Ashington. 2n. Donated Ser4ices and Facilities No amouni 15 Included In the financial statemenis for volunieer time in line with the SORP. Furrher detail ts given in the Trustee5' Annual Report. Donations and Legacles 2024 2023 Donation5 (including gift aid) Grants 16,086 105.506 121.59? 15,353 90.799 Infi.152 4. Income from Other Tradlng Artivlties 2024 2023 Fundraising events Youth provision orher Services and Inci(Jentals 8,576 10,248 2,473 21,297 5,395 5,395
Northumberland Pride 16 Notes to the Financial Statements {continued) Year end•d 30 April 2024 Analys55 of Expendlture on Charitable Actlvities 2024 2023 Activlties undertaken directly Wages and salaries Employer pen51011 Rgcruitmènt costs staff training Miscellaneous costs 77,584 i.iii 46.983 577 251 954 13,863 62,628 1,474 21,812 101,981 Support costs Bank charges Advprtisine and promotin8 LGBT Telephone Website hosting Stationèry, pg4ta8e and printin8 Repairs and hire Cleanin8 and PPE Depreciation Amnrlisation of capital Erant Rent IProfitl11055 On di5P05al of iangible asse15 Subscriptions Insurance Office refre5hmen15 Travel & sub515tence Software & IT cogts General expenses Governance 518 15,913 1,931 1.650 2,501 1,026 16 1,138 5.325 12 5.118 14,0671 11.297 963 2.503 180 1,841 11,2931 9.722 15,2251 1.806 1,826 513 3,971 3.711 159 849 3,112 194 2,373 1,123 Consultancy Independent examiner's remuneration 25,314 1,200 50,645 1.200 Total expendsturc on charitJbl¢ activitics 167,534 146,140 6. Trustees, Remuneration and Benefits There were no Trustees, remuneration or other benefits for the year ended 30 April 202412023.. £nill. The key managemenl personnel of the charity comprise the trustee5 and the charity manager. The total employee benefits (excluding employer pension costs) of the key management personnel of the Trust were £ nil12023.. £nill.
Northumberland Pride 17 Notes to the Flnancial Statements {continuedl Yoar endod 30 April 2024 Staff Costs 2024 2023 Gross wages and salarie5 Employers National Insurance Employers Pension Contributions 77,584 46,777 206 577 47,560 i.iii 78,695 The average number of employees durlng the year wa5 612022.'51 with all employee time involved in providing either direct charitable services, SLtpport to the governance of the charity or support services to charitable activities. No employee received employee benefits of more than £60.IJ)O durin8 the year12023.' nill. Net Movement In Funds Net movement in funds is slated after charging.. 2024 2023 Operatln8 lea5es- Rent Depreciation Amorti55tioll of capital grant 4,919 1,841 11,2931 8,052 5,118 14,0671 Independent fxamlner's Remuneration for the Year The independent examiner's remuneration amotJnt5 to an independent examination fee of £1,200 12023 - £1.0601 This includes preparation of thp financial st3t@ments. 10. Tanglble Flxed Assets Fixtur•s and flttlngs Motor Vehlcles Total C05t At l May?O?a Disposals At 30 April 2024 7.815 11,094 111,0941 18.909 111,0941 7,815 Depreclallon At l Mdy 2023 Disp0531s Charge for year AI 30 April 2024 4,627 7,632 13,CK)S1 1,841 6,468 13.C051 1,841 6,408 Net Book Value At 30 April 2024 At 30 Aprll 2023 1,347 3,188 1,347 11,277 8,089
Northumberland Pride Ig Notes to the Flnancial Statements Icontinuedl Yoar ended 30 Aprll 2024 11. Debtors 2024 2023 Trade debtors Advance payments for future events Other debtors and prepayments 1,601 2,686 37.550 41,837 659 55,917 56,576 12. Credltors.. Amounts falling due withln one year 2024 2023 Trade creditors Accrued costs Other creditors Deferred income (note 131 8,677 1,200 1,871 24,925 36.673 15.637 1,200 661 8,591 26,089 13. Deferred Income Under l year Total At l May2023 Additions during the year Released to the statement of financial actlvities At 30 April 2024 8,591 58,295 141,9611 24,925 8,591 SA,?Q 141,g611 Deferred income is money recpived in advance for Future specific @vents_ 14. Capital Grant Recelved Total At l May 2023 Released to capital disposal Releaseil to illCOlTie At 30 Aprll 2024 10.608 19.3151 11,Z931 10.608 19,3151 11,2931 A capital 8rant wa5 received in the year ended 30 April 2022 from Children in Need for Youth Projects. This wa5 spent on capital equipment. This equipment was sold durin8 the year and the balance of the grant was released against the sale of these assets.
Northumberland Pride 19 Notes to the Financial Statements Icontinued) Vgar gnd•d 30 April 2024 15. Obllgations under non<an¢ellable operatinR leases Fulure Minimum rentals payable under non-cancellable operating leases are as follow5.. 2024 2023 Within one year Within two to five years Qver five year5 10,705 8,052 10,705 8,052 16. Analysis of charitable funds Atlmay 2023 At 30 April 2024 Income Expendlture Unrestricted Gèneral fund Restricted Northumbria PCC UK Youth Garfield Weston The Ballinger Trust Dernica 31.156 37.294 161,9391 6.511 33,958 25,(MX) S.A14 2,757 133,9581 125,OWI 14,AUI 12,7571 15,J701 119,0601 12.6861 14,5001 11,8911 14.3391 1105,5951 1167.5341 NLCF. NIECP Advanced Northumberland Coop Other Erants < £i,c 19,060 2.686 4,SQ) 1,891 4,339 105,595 142,889 31,156 6,511 * The National Lottery Community funti - ric North East and Cumbrio fie8ion Atlmay 2022 At 30 Aprll 2023 Income Expenditure Unrestricted General fund Restricted Northumbria PCC UK Youth Youth Focus NE The Ballin8er Trust NE Youth orher grants < ti,uw Arnold Clark 65.74Y 168.2331 31.15é 27,800 27,SryJ 7,921 7,061 3,256 2,369 2,000 77,907 127,8001 127.5001 17,9211 17,0611 13,2561 12,3691 12,LX)01 177,9071 1146,1401 65,749 111,547 31,156
Northumberland Prlde 20 Notes to the Financial Statement5 {contlnuedl Ygar •nd¥d 30 April 2024 17. Analysis ot net assets between funds Unrestricted funds Restricted funds Total funds 2024 Total funds 2023 Tangible fixed assets Current assets Currcnt liabilities Non-turrent liabilities 1,347 41,837 136,6731 1.347 41,837 136,G731 11,277 56,576 126,0891 110,6081 31,156 6,511 6.511 18. Related Party Transaction5 Within other debtors are amounts due form Northumberland Pride Limited la company limited by suaranteel, of which Northumberland Pride 15 a member, of £36,57812023". £48,958).