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2025-03-31-accounts

Page
Trustees' and other !nformatlon 3
Trustees' Annual Report 4.15
Statement of Trustees' Responsibilities 16
Independent Examiner's Report 17
Statement of Financial Activities IS
Balance Sheet 19
Statement of Cash Flows 20
Notes to the Financial Statements 21.27

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
2025 2025 2025 2024 2024 2024
Notes £ £
Income
Donations and legacies 3, 396,262 65,581 461,843 500,637 52,833 553,470
Charitable activities 3,,2 115,822 115,822 114,275 114,275
Other income 3..3 11,126 11,126 2,942 2,942
Total Income 523.210 65.581 588,791 617,854 52.833 670,687
Expenditure
Raising tunds 4.1 1,037 1,037 12,819 12,819
Charitable activities 4.2 612,751 65,581 678,332 626,115 52,833 678,948
Total Expenditure 613,788 65,581 679,369 638,934 52.833 691,767
Net lncome/(expenditure) (90,578) (90,578) (21,080) (21,080)
Transfers between funds
Net movement in funds for (90,578) (90,578) (21,080) (21.080)
the financial year
Reconciliation of funds:
Total funds beginning of the 14 219,531 219,531 240,611 240,611
year
Total funds at the end of 128,953 128,953 219,531 219,531
the year

2025 2ه24
Notes
Fixed Assets
Tangible assets 293 1,824
Investmente 9 100 100
393 1,924
Current Assets
Debtors 10 88,466 44,965
Cash at bank and In hand 11 106,167 246,923
194,633 291,888
Creditors: Amounts falling due within one year 12 (66,073) (74,281)
Net Current Assets 128,560 217,607
Total Assets less Current Liabilities 128,953 219,531
Funds
General fund (unrestricted) 128,953 219,531
Total funds 14 128,953 219,531

2025 2024
Notes £
Cash ilows from operating activities
Net movement in fonds (90,578) (21.080)
Adjustments íor:
Depreciation 1,861 2,025
(88,717) (19,055)
Movements in working capital:
Movement in debtors (43,501) 29,118
Movement in creditore (8,208) 71,119
Cash (used in)/generated from operations (140,426) 81,182
Cash flows from investing activities
Payments to acquire tangible assets (330)
Cash flows from financing activities
Advances to subsidiaries/group companies (488)
Net (decrease)/Increase In cash and cash equivalents (140,756) 80,694
Cash and cash equivalents at the beginning of the year 246,923 166,229
Cash and cash equivalents at the end of the year 11 106,167 246,923

3, INCOME
3. .1 DONATIONS AND LEGACIES Unrestricted Restricted 2025 2024
Funds Funds
Donations 295,492 65,581 361.073 465,185
Crowdfunding 1,216 1,216 29.127
Legacies 50,000 50,000 35,000
Gifts in Kind 7.693 7,693 6,140
Gift Aid 41,861 41.861 18,018
396,262 65,581 461,843 553,470
3..2 CHARITABLE ACTI٧ITIES Unrestricted Restricted 2025 2024
Funds Funds
£ £
Learning and Engagement 14,666 14,666 29,206
Membership Income 28,861 28,861 49,489
Patron Scheme 72,295 72,295 35,580
115,822 115,822 114,275
3..3 OTHER INCCME Unrestricted Restricted 2025 2024
Funds Funds
£ £
Other income 495 495
Venue hire 10,631 10,631 2,942
11.126 11,126 2,942
4. EXPENDITURE
4. RAISING FUNDS Direct Other Support 2025 2024
Costs Costs Costs
Raising funds 1,037 1,037 12,819

4.2 CHARITABLE ACTIVITIES Direct Other Support 2025 2024
Costs Costs Costs
£
Expenditure on charitable activités 454.097 172,213 626,310 601,257
learning and Engagement costs 30,985 30,985 63,017
Gifts in Kind 7,693 ',693
Museum expenses 10,602 10,602 14,674
Collections - conse^ation & 2,742 2,742
preservation se^ices
506,119 172,213 678,332 678,948
See note 7 re Expenditure on charitable activities
4.3 SUPPORT COSTS Charitable 2025 2024
Activities
£ £
Recruitment expenses 12,843 12,843
Stationer 592 592 1,235
Irrecoverable VAT 10,408 10,408
IT and software 11,293 11,293 9,970
Accounting fees 1,848 1,848 3,000
Rent, rates and sen/ice charges 93,586 93,586 137,476
Insurance 3,325 3,325 2,823
Travel and entertainment 5,233 5,233 4,724
Building running costs 15,578 15,578 20,285
Venue hire & costs 828 828 572
Depreciation 1,861 1,861 2,025
Staff training 384 384 192
Bank ctiarges 2,998 2,998 6,603
General expenses 374 374 388
Other legal & professional 487 487 3,504
Consultancy 9,797 9,797 18,460
Subscriptions 778 778 926
172,213 172,213 212,183
5, NET INCOME 2025 2024
Net Income is stated after cha٢ging/(cred؛tlng):
Depreciation of tangible assets 1,861 2,025
6. INVESTMENT AND OTHER INCOME 2025 2024
Other income 495
Venue hire 10,631 2,942
11,126 2,942

2025 2024
Number Number
Full time 11 11
The staff costs comprise: 2025 2024
£
Wages and salaries 405,753 344,816
Social security costs 37,156 28,881
Pension costs 11,188 9,237
454,097 382,934

TANGIBLE FIXED ASSETS
Fixtures, Total
fittings and
equipment
£
Cost
At 1 April 2024 6,572 6,572
Additions 330 330
At 31 March 2025 6,902 6,902
Depreciation
At 1 April 2024 4,748 4,748
Charge for the financial year 1,861 1,861
At 31 March 2025 6,609 6,609
Net book value
At 31 March 2025 293 293
At 31 March 2024 1,824 1,824

Year ended Capital and Profit for
reseñes the year
Queer Britain Trading 31 March 2025 54,564 53,696
Limited
10. DEBTORS 2025 2024
£
Trade debtore 11,520 26,763
Amounts owed by participating interests 4δδ 468
Other debtors 19,217 17,714
Taxation and social security costs 24,409
Prepayments and accrued income 32,832
88,466 ^,965
11. CASH AND CASH EQUIVALENTS 2025 2024
£
Cash and bank balances 106,167 246,923
12. CREDITORS 2025 2024
Amounts falling due within one year £
Trade creditors ^,735 1,693
Taxation and social security costs 9,862 27,530
Other creditors 5.305 1,881
Accruals and defemed Income 6,171 43,177
66,073 74,281
13. RESERVES
2025 2024
£
At the beginning of ttie year 219,531 240,611
Deficit for the financial year (90,578) (21,080)
At the end of the year 128,953 219,531

FUNDS
,1 REC٥NCILIATt٥N OF MOVEMENT IN FUNDS
FUNDS
REC٥NCILIATt٥N OF MOVEMENT IN FUNDS Unrestricted Total
Funds Funds
At 1 April 2023 240,611 240,611
Movement during the financial year (21,080) (21.080)
At31 March 2024 219,531 219,531
Movement during the financial year (90,578) (90,578)
At 31 March 2025 128,953 128,953
14.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance Income Expenditure Transfers Balance
1 April be^en 31 March
2024 funds 2025
Dr Martens 16,620 16,620
The Community Residence Series 25,803 25,803
Missions + Mindset 23,158 23,158
65,581 65,581
Unrestricted funds
Unrestricted General 219,531 522,173 612,751 128,953
Total funds 219,531 587,754 678,332 128,953
14.,3 ANALYSIS OF NET ASSETS BY FUND
Fixed Financial Current Current Total
assets fixed assets liabilities
.charity use assets
Restricted trust funds (3,381) (3,381)
Unrestricted general funds 293 100 194,633 (62,692) آل132.3
293 100 194,633 (66,073) 128,953