a)arlty registration nurnb•r 1185167 Company rnfflstratlon number 11754074 IEn¢l•nd •nd Wales) LCR PRIDE FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 LCR PRIDE FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Kriss Hubbard Amanda Hilton Mathew Exley Nicola Croft-Girvan IAppointed 16 January 20241 IAppointed 12 December 2ts231 Secretary Andi Herrln8 tharity numb•r 1185167 Crynpany number 11754074 Rerftste￿d office Avenue HQ 17 Mann Island Liverpool L3 18P Independent eyaminer Anlta Mason 8A (Honsl BFP FCA Mlt¢hell Charlesworth Accountants Suites C.D,E,F,14th Floor The Plaza ICKJ Old Hall Street Llverpool L3 90J ankers Barclays Bank plc Lord Street Liverpool L2 ITD LCR PRIDE FOUNDATION CONTENTS Pa4e Trustees, report statement of trustees, responsibilities Independent examiner's report statement of flnancial activities Balance sheet Notes to the financial ststemersts 9-16 LCR PRIDE FOUNDATION TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present thelr annual report and financial statements for the year ended 31 March 2024. The financial 5tatern2nts have been prepared in accordance with the accounting policies Set out in note I to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2W)6 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the F￿nanCIal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191" Oblertives and activitles We alm to positlon Liverpool Clty Region as the most LGBT+ frlendly reglon in the UK. We will do thls by highlighting the daily barrier5 that LGBT+ people living in and visiting the region face. and by creating all inclusive Cultu￿ where people feel rhey can fully partlcipate and contribute. The scoFe of our work spans the Six boroughs of the Liverpool City Re￿0￿ namely. Halton. Knowsley. Sefton, St Helens. Liverpool and Wirral. We purposefully thampion the rights of LG8T+ people wlthln the region in powerful. creative and empowering ways. We use our reoch and rnflutnce to keep LGBT+ live5 at the forefront of the region's development and we work in partnershlp to provide a trusted support network and infr•$tru¢ture to our dlverse communlty. Lar8ely the work to achieve the objectives In this accounting period have included-. Continued to build relationship5 and partnership5 Wlth communlty or8anisations, other thlrd sertor or8anisations and ststutory servlces thls allows the organisatlon to contlnue to diversify its income whilst carryin8 Out work in meaningful ways to the LGBT+ communitv. Continuing to operate a visual Sign-posting brand for LG8T+ life in the Liverpool City Region this help5 the organisation foster partnerships and reach. Contlnue to present the Pride in Lfverpool festival. Contlnue to support LCR Pride Foundation external funded projects includingthrou8h advice, mentorship. Our charity's trustee5 operate with due regdrd to the Charities Cornrni5sion rules for Publlc Benefit and take thls guldance into account when makln8 declslons on behalf of the organisatlon.. Almost all public-facing activities, both digital and in-person carried out by the charity are done $0 free at the point of access due to cornmercial sponsorship and corporate partnerships, allowing for those of all economic background5 to acces5 the work of the charity. Where thi5 15 not POS5ibSe, 5ub5idi5ed or concessionary costs are available to ensure rhe target audience can partlcipate. A conscious effort is made to keep any charges to a reasonable level and chargeable activities as a minority of the charity's operation5. The Beographical remit of the organisation 15 Identified as the Liverpool City Reglon and all efforts are made to ensure that activitles, even if based in one particular area. are a¢￿SSIble. informed and considered as Part of our operatlon. There Is a large ernpha5i5 On digital provision whith Is not geographlcally bound as part of gur charity's core work. The organisation 15 Set out to benefit the LGBT+ comrnunity and the charity uses this definition widely to encompass all those who may identify as part of that community. We also strongly support and encoura8e the Impact of allies In our work and outwrnes- maintslnlng our events open to all to participate in. Our organis3tion has a strong ethos of partnershlp working as through this. collaboration and joint-workin8 we believe our work. that of our partners and the wider comrnuTrity can be strengthened and serve our charity's beneficiaries better. LCR PRIDE FOUNDATION TRusfEES' REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance The last financial year has continued to be a challenging one for our bener￿clarIeS and charity alike. havin8 faced increased costs due to the costs of Ilvlng crisis and pressures on fundin8. The or8anlsation has managed to sustaln it's support both from partner organisations but also corporate sponsors. Being able to contlnue to invest thls funding Into the organisation provided a much needed sustainability and resi1Sence. We contillued a number of projects notsbly our training and cornmunity advocacy programmes such as'you're Safe Here,, eontlnuing to train mernbers of staff across the city reglon In response to horrific high-profile incident5 in the city land wider). This programme has already begun to grow, with potential further growth. ineome and therefore Sustsinability Identified over the next 12-24 months. The organlsatlon has continued to support other partners sustain their work, including the CMAGIC charlty in administration of their counselling service and back of house sy5tems- allowing a grass roots initiatlve to remove barriers laccess to healthcare) foi our Communlty whilst contribkrtin8 to our org3nisations' sust3inabillty and cost of overheads. We also utilised our abilities to respond to current Issues affectin8 our ctsmmunity. Pride was successfvl In 2023 on a smaller scale than previous (aforementioned fundin8 Costs bein8 the main cause) but 2024 was a great success. Fln•n¢l•l revlew Total irF¢orne for the year arnounted to £343,439 12023.. £314,503). Total expenditure amounted to £330,677 12023.. £265,6601. Overall, this has resulted in a surplus for the year of £12,76212023.. £48.8431. This resulted in a surplus of available unrestricted funds of £43.732 at the year end12023'. E30,9701. The board are pleased to report that for the inaugural reporting period of the charity that the aLtivities carrled out had generated a surplus and internal budBetin8 was largely as predicted. The charity ernplo￿ an internal reporting mechanism ftir different actlvlties carried out I'classes. in report). These are attrlbuted to the rnain activities that are referred to as 'products'. E3ch product the foundation delivers have an aim of breaking even or rnaking a surplus to be re-invested for them to be sustainable and a mechanism for revlewlng these each year was set by the board. The or8anlsation does not have any subsidiaries or trading bodie5. During this reporting period the most successful products/actlvltles for the orynisation were.. LCR Pride Awards 2023 Your Safe Here Contlnued 5UPPOrt by our main Barclays enabled core staffing to be maintained and expanded during this period. Thls has had a posifivÈ effect on all elements of the foundation. LCR PRIDE FOUNDATION TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORll ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 structurej go¥ernaNe and mana¥em•rt The charlty is a company limited by guarantee, re815tered number 1175074. and a reglstered charity number 1185167 governed by its Mernorandum & Article5 of Association Incorporated 7 January 2019. The Board of Trustees currently comprises independent non-executive Trusteesldlrectors and Ix executive director (Chief Executive Officerl as a co-optee. Independence is regularly revlewed as part of regular appraisal proces525. We seek to recruit trustees bèsed on the strate8lc needs of the charlty, limited to a Maximum number of 10. All appolntments are made by the Board of Trustees in line with our Artides of Association and sublect to election by the members at the Annual General Meetin8. The Board continuously reviews board composition and there Is a clear recrultment process to Identlfy Individuals with the right value5. skills and behaviours in line with our strategic objectives. Interested persons are subject to a rigorous pplication and intervlew process befo￿ loiningthe board as above. There are no corporate board members, nor Èxternal organis3tions that appoint bL)ard members. All appointments are d1￿Cred by the Board of Trustees and elected by members at the AGM. The trustee5, who are also the dlre¢rors for the purpose of company law. and who served during the year and up to the date of signature ol the flnanclal ststements were: Emma Stew3rt Donna Hall Joseph Donohue Kriss Hubbard Amanda Hilton Mathew Exley Nicola Croft-Girvan IRe5igned 7 August 20231 IResi8ned 8 January 20241 (Resigned 29 January 20241 (Appointed 16 January 2Q241 (Appointed 12 Decernber 20231 Tr(the tralnlng Trustees are offered relevant tralning as part of thelr development. They are encouraged to acce55 training opportunltles as appropflète and as a minimum. to read the Charlty Commission's guidance, 'The Essential Trustee,. Remuneration TNst¢es Trustee5 of LCR Pride Foundatlon receive no remuneration for their work. other than reimbursement of basSc expenses. Reference and AdmTrnistrntive Detail The charity 15'LCR Pride Foundation, and operates prSmarily under this name. Actiwties. usually event5, may from time to time operate under their own name. with clear mark that they are 'delivered by LCR Pride Foundation,. Example5 of this during this reporting period are (but not limited tol.. Mèrch With Pride Pride In Liverpool LCR Pride Awards Shop with Pride LCR Pride Foundation 15 a charitable cornpany Ilmited by 8uarantee, registered in England and Wale5 (Charity nurnber.. 1185167 and ComFkny numb&r'. 117540741. The principal and registered address of LCR Pride Foundation is.. Avenue H(L 17 Mann Island, Liverpool Waterfront. L3 18P. LCR PRIDE FOUNDATION TRU￿EE5. REPORT (INCLUDING DIREcfoRS' REPORTI (CONTINUED) FOR 7HE YEAR ENDED 31 MARCH 2024 Funds h*ld as ¢ustodian trustee CMAGIC.. £54,495 Small company provlslons Thls report has been prepared in aecorijance wlth the special provisions relating to srnall companies with part IS of the Companles Act 20(￿. The trus ' report was approved by the Board of Trustees. Kriss Hubbard Trustee LCR PRIDE FOUNDATION STATEMENT OF TRUSTEES, RESPONSJBILITIES FOR THE YEAR EAIDED 31 MARCH 2024 The trustees, who are also the directors of LCR Pride Foundation for the purpose of company law. are responsible for preparin8 the Trustees, Report and the financial statements in accordance wlth applicèble law and Unlted Klngdom Accountin8 Standards Iunlted Kingdom Generally Accepted Accounting Practice). Company Law require5 the trustees to prepare financial statements for each flnanclal year which glve a true and fair view of the state of affalrs of the charity and of the incoming resources and application of resources. including the incorne and expenditure, of the charitable company for that year. In p￿parIn8 these financlal statements, the trustees are required to.. select Suitable accounting polioes 3nd then apply them conslstently. - observe the methods and win¢iples in the Charitie5 SORP.. makelud8ernents and estlmates that are feasonable and prudent,. state whether applicable UK Accounting Standards have been followed, subject to any materlal departures dlsclosed and explained in the financi31 ststements,. and prepare the financlal statements on the going contrrn basis unle55 It 15 inappropriate to presume that the charity will continue in operation. The trustees are responslb1e for keeplng adequate accounting record5 that disd05e with reasonable accuracy at any tirne the financial position of the charity and enable them to ensure that the financlal statements tomply with the Companies Act 2CIX£. They are also responslble for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularitles. LCR PRIDE FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LCR PRIDE FOUNDATION I report to the trustees on rny examination of the financial statements of LCR Pride Foundation Ithe charity) for the year ended 31 March 2D24. ReS￿nsIbilitieS and basis of report As the trustees of the charity land also Its dlrertors for the purposes of company lawl you are responslble for the preparation of the financial statements in accordance with the requirements of the Companies Act 2(N)6 (the 2006 Act). Havln8 satisfied myself that the ffnanclal statements of the charity are not required to be audited under Part 16 of the 2CK16 Act and are eligible for independent examinatlon, I repon in respect of my examination of the charlty's financial statemÈnts carried out under section 145 of the Charltles Acr 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions wven by the Charity Commission under Section 14515llbl of the 2011 Act. Inde￿ndente￿aMlner.5 Statement Since the charity'$ 8ros5 incorne exceeded E250,CO) your examiner must be a member of a body listed In section 145 of the 2011 Act. I confirm that l am qualified to undertake the exarniriation because l am a member of the Institute of Chartered Accountants in England and Wale5. whlch Is one of the Ilsted bodies. I have compSeted rny examination. I confirrn that no matters have come to my attention in connectlon with the exarnlnation giving me cause to believe that in any rnateri61 respect.. accounting records were not kept in respect of the charity a5 required by section 386 of the 2(X16 Act,. or the financia5 statements do not accord with those records.. or the financial staternents do not eomply wlth the accounting requirements of section 396 of the 2￿6 Act other than any requirement that the accounts 8lve a true and fair view which is not a rnatter considered as part of an independent examination,. or the finaricial statements have not been prÈpar&d in accordance with the rnethods and principles of the StatemÈnt of Rewmmended Practlce for accounting ond reporting by charitie5 applicable to charities preparinB their account5 In accordance with the Financial Reportin8 Standard appli￿ble In the UK and Republic of Ireland IFRS 1021. I have no Concerns and have corne across no other matters in connectlon with the examination to which attentlon $hou1d be drawn in this report In order to enable a proper understanding of the financial statements to be reached. Anita Mason BAIHonsl BFP FCA Mitchell Charle5worth 14th Floor The PLaza ICQ Old Hall Street Livepool L39 Dated.. 31 March 2025 LCR PRIDE FOUNDATION sfATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR 7HE YEAR EAIDED 31 MARCH 2024 Unrestricted Unrestricted funds funds 2024 2023 Notes Incorne from.. Donatlons and lerdcles Charitable activities 279,394 64,045 249,274 65,229 Total incorne 343,439 314,503 Raising funds 33.159 18.148 Charitable activities 297,518 247,512 Totsl expenditure 330.677 265,660 Net movement tn funds 12,762 48,843 Fund balances at l April 2023 30.970 117.8731 Fund balances at 31 March 2024 43.732 30.970 The statement of financi31 activitles Includes all galns and losses recognised in the year. All income and expenditure derlve frorn continuing activities. The statement of financlal actlvities a150 cornplie5 Wlth the requirement5 for an income and expenditure account under the Companies Act 2006. LCR PRIDE FOUNDATION BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notes Flxed •5S•ts Tangible assets io 6,379 3.078 Curr•nt 15sets stocks Debtors Cash at bank and in hand 4.714 14,209 37,998 5.238 18,309 6.309 12 56,921 29,856 Creditors: atrrf>unts falling due within one ar 13 119,5681 11.9641 Net current a$5ets 37,353 27,892 Tot•1 assets less current liabilitie5 43,732 30,970 Funds of the charity Unrestricted funds 43,732 30.970 43,732 30,970 The company is entitled to the exemptlon from the audit requirernent contsined In sectlon 477 of the Companles Act 2Th)6, for the year ended 31 March 2024. The directors acknowledge their responslbllltSes for complying with the requirernents of the Companies Act 2CK16 with fespect to accounting records and thè preparation of financial statements. The members have not required the cornpèny to obtsln an audlt of Sts flnancial statements for the year Sn question in accordance with Section 476. These financial statements have been prepared in accordance with the provisions applicable to comptrnies Subject to the small cornpanies re8ime. 3I1D3.1aciS The financial staternent5 were approved by the Trustees on ..... . ..... . . . riss Hubbard Trustee Company Registrntlon No. 11754074 LCR PRIDE FOUNDATION NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR EAIDED 31 MARCH 2024 A¢couwrtlng pollcles Charity information LCR PrldÈ Foundation is a private company Ilmlted by 8uarantee Incorporated In En8land and Wales. The registered office is Avenue HQ, 17 Mann 151and. Liverpool. L3 IBP. 1.1 A¢¢ountin¢ conv•ntlon The financial statements have been prepared in accordance with the charlty's Memorandum and Artlcles of Association. the Companies Act 2LY)6 and Accounting and Reporting by Charities.. Statement of Recornrnended Practi applicable to charitles preparin8 their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectlve l January 20191". The charity is a Public Benefft Entity as defined by FRS 102. The financial statements are prepared in sterlin& whlch is the functional currency of the charity. Monetary arnounts In these finanthal ststements are rounded to the nearest £. The accounts have been prepared on the hlstorlcal cost COEtvention. The principal accounting policies adopted are set out below. The Charity has taken advanta8e of the provlsSons In the SORP for Charitie5 applying FR5 102 Update 8ulletin I not to prepa￿ a Statement of Cash Flows. 1.2 Goingconcern At the time of approving the financial ststements. the trustee5 have a reasonable expectation that the charlty has adequate resources to continue in operational exlstence for the foreseeable future. Thus the trustees contlnue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 tharitsble funds Unrestricted funds are available for use at the dIsc￿tIon of the trustees In furtherance of thelr charitable objertives. Restricted funds are subject to specific condition5 by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Intt4m• Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the amounts Can be measured rellably* and it is probable thèr income will be recÈivÈd. Cash donations are re¢o8nlsed on ￿ceipt. Other donations are recognised once the charlty has been notified of the donation, unless perfr>rmance conditlons require deferral of the amount. Income tax recoverable in relatlon to donations received under Gift Aid or deeds of covenant is recognised at the tirne of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distributlon, the amount is known, and receipt is expected. If the amount Is not known. the legacy Is treated as a contlngent asset. LCR PRIDE FOUNDATION NOTESTOTHE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 AcMuntin¥ poli¢ie$ Icontlnuedl 1.5 Expenditure Expenditure reflects all amounts pard and accrued during the year. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to whi¢h It relates. All costs are allocated between the expenditure categories of the Ststement of Financial Activities ISOFAI on a basis designed to reflect the use of the resource. Costs relating to a partlcular actlvlty are allocated directly. Support and governance costs are apportioned on an approprlate basis. Raising funds include the cost5 associated wlth fundraislng eventswhlch have taken place during the year. fjovernance costs represent costs associated with meeting the constitutional and statutory requirements of the charity and include the independent exarnlnation fees and costs linked to the strategic management cf the charity. 1.6 Tan8ible fixed 455ets Tangible fixed assets are Iniilally measured at cost and subsequently measured at cost or valuation. net of depreciation and any impairment losses. Depreclatlon Is recognlsed so as to write off the c05t or valuation of assets less thelr resldual values over their useful lives on the following bases.. Flxtures and flttlngs 25% Straight Line The gain or loss arising on the dlsposal of an asset is determined as the difference between the sale prO￿ed$ and the carrylng value of the a55et. and Is recognised in the statement of financial activitie5. 1.7 Impairmènt of fixed pjssets At each reporting end date, the charlty reviews the carrying amounts of its tangible a55ets to determlne whether there Is any Indication that those assets have suffered an irnpairrnent loss. If any such Indlcatlon exists. the recoverable amount of the asset Is estimated in order to deterrnine the extent of the impairment loss lif anyl. 1.8 Cash *nd ¢ash equlvalents Cash and cash equivalents Include cash in hand, deposits held at call with banks. other short-term Ilquid investments with orS8inal maturltles of three months or less. and bank overdrafts. 1.9 Financial instruments The Charity has elected to apply the provisions of Section 11 'Ba5ic Financlal Instruments. and Sectlon 12 '0ther Financial Instruments155ue5' of FRS 102 to all of Its financlal instruments. Flnancial in$trument$ are recognlsed In the charlty's balance sheet when the charlty becomes party to the contractual provisions of the instrument. Financial assets and liabilltles a￿ offset, with the net amounts presented in the financia1 statements, when there is leBally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the Ilability simultaneou51y. Busitfinunelulossets 8asic financial assets, which indude debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangernent Constitutes a financing transaction, where the transaction is measured at the present value of the fvture receipts discounted at a market rate of interest. Flnancial assets classified as receivable within one year are not amortised. 10- LCR PRIDE FOUNDATION NOTESTO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policle5 (Continuedl 805icfinanciGlliGbililles Basic financial liabilitles, Includlng credltors and bank loans are Initlally recognised at transaction prlce unless the arrangement constitutes a finanong trans3Ction, where the debt instrurnent is measured at the present value of the future payments di5COUnted at a market rate of interest. Financial Ilabilltles classlfied as payable within one ye3r are not amortised. Debt Instruments a￿ subsequently ¢arrled at amortlsed cost, using the effect￿ interest rate method. Trade creditors are obli8atioTrs to pay for goods or 5ervice5 th* have been acquired in the ordinary course of operations from suppliers. Amounts payable are classlfied a5 current liabSlltles If payment Is due within one year or less. If not, they are presented as non-current liabllitles. Trade creditors are recognised inltially at transaction price and subsequently measured at arnort15ed c05t using the effective interest method. Derecognition oAfinonci¢Tlliabilitses Financial Siabilities are derecognised when the charitl5 contractual obligation5 expire or are discharged or cancelled. 1.10 Employee bentfits The wst ol any unused holiday entltlement is re¢o8nlsed In the period in which the employee's services are receNed. Terminatlon beneflts are recognised immedlately as an expense when the charity is demonstrably cornrnitted to terminate the employment of an employee or to provide termination benefits. 1.11 Rettrement bener Payments to defined contribution retirement benefit 5chernes are charged as an expense a5 they fall due. 1.12 T*￿tion The charlty beneflts from varlous exemprions from taxatlon afforded by tax legislation and is not liable to corporation tsx on Incorne orgain5 fallingwithin those exernption5. Crftiul ottountlng estlmates and judgements In the application of the d)arity's actountin8 poliaes, the trustees are required to make judgements. e5tirnates and assumptions about the carryin8 amount of assets and liabilities that are not readily apparent from other sources. The estimates and asso¢iatÈd assumptlons arÈ based on hlstorical experience and other factors that are considered to be relevant. A¢tual results may differ from these estlmates. The estimates and underlying assumptions are reviewed on an ongoing basi5. Revisions to accountin8 estimates are reco8nised in the period in which the estimate is revised where the revision affects only that period. or In the perlod of the revision ènd future periods where the revision affects both current and future periods. There were considered to be no critical accountin8 estimates or ludsements applied in the preparation of these financlal ststements. LCR PRIDE FOUNDATION NOTES TO THE FINANCIAL sfATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donations and legacies Unrestrictsd funds 2024 Unrtstricted funds 2023 Donations and gifts fjrants Ssy)nsorshlp 8,224 80,340 I￿.830 8,627 48.980 191,667 279,394 249,274 Charitable activities Unfe5tricted Unrestricted fund5 fund5 2024 2023 Sale5 of services Management fees 57,795 6,250 47,729 17,5CKJ 64.045 65,229 R•lslnofvnds Unrestrl¢tsd Unrestricted fund$ funds 2024 2023 Advertising 33,159 18,148 12- LCR PRIDE FOUNDATION NOTESTO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 tharitsble activitie5 To make the Liverpool Clty Region the most LG￿ plus friendly in the UK 2024 2023 stsff costs Office costs 112,866 24,360 49,423 93,174 6.379 52,696 25,126 11,257 152,894 802 358 Project cost5 Hire cost5 Travel costs Subscriptions 287,C(J5 243,133 Share of support Costs (see note 71 Share of governance costs (see note 71 1,390 9,123 683 3,696 297.518 247.512 13- LCR PRIDE FOUNDATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Supporttosts Support ¢t)sts Governance costs 2024 Support cost5 Governance costs 2023 Depreclatlon stsff Training 1.403 1.403 1,39) 789 789 1.3 683 683 Independent examlnatlon 670 3,582 Icx) 3.368 670 3.582 EIJS Accountancy Bank charges Bad debts 2,298 2,298 3.368 1,391 9,123 10,513 683 3,696 4,379 Analysed between Charitable activities 1.3 9.123 10.513 683 3,696 4,379 Total governance and support costs have been recharged to centre activitles. Governance costs ￿ncludeS payments to the accountants of £67012023.. £6051 for independent examination fee5 and 3,58212023.. E2.2981 for accountsncy, payroll and other professional services. Support costs include payments to the accountants of £47512023.. £6831 for stsff tralning in relation to bookkeeping. Trust¢•s None of the trustees lor any persons connected wlth them) recelved any remuneration during the year. Employees The average monthly numbÈr of employees during the year was.. 2024 Numbo 2023 Number Employrnent costs 2024 20Z3 Wages and Salaries Social security costs other pension costs 106.051 4.447 2.368 51,585 i.iii 112,866 52,696 14- LCR PRIDE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employees Icontinutdl There were no employees whose annual remuneratlon was more than £fAJ,