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2023-10-31-accounts

REGISTERED COMPANY NUMBER: CE024124 (England and Wales) REGISTERED CHARITY NUMBER: 1191721

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 October 2023 for

Black Beetle Health CIO

Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR

Black Beetle Health CIO

Contents of the Financial Statements for the Year Ended 31 October 2023

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 12
Detailed Statement of Financial Activities 13

Black Beetle Health CIO

Report of the Trustees

for the Year Ended 31 October 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

CE024124 (England and Wales)

Registered Charity number

1191721

Registered office

2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR

Trustees

E Kinaka Banadzem D Kennedy-Pitt M N S Fadih N Kuypers J Garcia-Iglesias C Stovell

Trustee - resigned 8.12.2023 Trustee - resigned 30.9.2023 Trustee - resigned 1.3.2024 Trustee - resigned 17.7.2023 Trustee - resigned 28.6.2023 Trustee - appointed 19.6.2023

Independent examiner

Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing documents, its constitution, and constitutes a CIO.

Recruitment and appointment of new trustees

Apart from the first charity trustees, every charity trustee must be appointed for a term of office not exceeding three years by a resolution passed at a properly convened meeting of the charity trustees.

In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experienced needed for the effective administration of the CIO.

Recruitment is generally done through REACH volunteering and supported through social media campaigning.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Page 1

Black Beetle Health CIO

Report of the Trustees

for the Year Ended 31 October 2023

OBJECTIVES AND ACTIVITIES Objectives and aims

The objects of the CIO are:

Significant activities

Black Beetle Health is a public health community organisation and registered charity dedicated to promoting health, wellbeing and equality for LGBTQ+ communities of colour by shedding light on important health disparities among these communities in the UK and around the world. Our mission is to promote health through evidence-based, peer-reviewed resource development and signposting to culturally safe services and support groups for people of colour throughout the UK. In all that we do, we remain intentional about our fight against racism, stigma, and misinformation that negatively affect the health outcomes and experiences of those in our communities.

Public benefit

The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Volunteers

The Charity CEO is supported by an independent Advisory Board comprised of skilled volunteers. Meeting quarterly, the overall role of the Advisory Board Chair is to promote the effectiveness of the advisory board. Advisory boards are impactful to the extent that they are effective.

ACHIEVEMENT AND PERFORMANCE Main Achievements of the Charity

Page 2

Black Beetle Health CIO

Report of the Trustees

for the Year Ended 31 October 2023

ACHIEVEMENT AND PERFORMANCE

The difference the charity's work has made the beneficiaries

Throughout our work, we have used our platform to address health misinformation and disinformation, we have educated the community on a range of health topics which we identified as having specific relevance to our communities, we have set up a signposting function through our website and social media to improve awareness of safe, sensitive, and inclusive health and wellbeing services for LGBTQ+ people from ethnic minority communities, and empowered members of the community to become more informed decision makers through representation, visibility, and the facilitation of open conversations about a range of pertinent health topics.

We have also created and facilitated a community of practice for shared learning, mentorship, and health and wellbeing coaching to help further develop future community health leadership.

Wider benefits to society as a whole

Using evidence-based, peer-led, community-driven approach to our work, we have increased the visibility of the issue which most affect our communities and ensured that the way in which we addressed these issues featured lived experience as a core component to the conceptualisation, development, promotion, and subsequent engagement with the wider community. In doing so, we supported the education and subsequent competency of both clinical and non-clinical professionals, advocates, and allies who work with and on behalf of LGBTQ+ Black and People of Colour accessing their services.

We also took creative and innovative approached to address health disparities for LGBTQ+ Black and People of Colour through the launch of Beetle Feed magazine and curation of the Black Beetle Health Podcast.

Objective 1 : to promote and protect the physical and mental health of Black, Asian and Minority Ethnic members of LGBTQ+ communities by (but without prejudice to the generality of the foregoing):

…creating programmes of work which allowed beneficiaries who engaged with our services reported feeling more informed, having greater confidence to navigate complex health systems, more empowered to take action to address previously unaddressed areas of their health and wellbeing. As a result, they reported feeling more comfortable navigating conversations with health and wellbeing practitioners. This is captured in part in our InsideOUT Report and through feedback on our Health Equity and Advocacy Training Programme Pilot.

Objective 2: for the public benefit, the promotion of equality and diversity in matters relating to public health by:

…soliciting public participation in training, seminar attendance, equity and advocacy involvement and investment. Through our ongoing health, wellbeing and equality, consultancy, we were able to train organisations such as NHS Greater Manchester, Terrence Higgins Trust (HIV Prevention England), and the Caribbean and African Health Network (CAHN), performing outreach at Salford Pride, and maintaining a number of interactive social media platform as a part of our Digital Health Awareness platforms, promoting matters of equality, diversity and inclusion across the health and wellbeing sector.

Page 3

Black Beetle Health CIO

Report of the Trustees

for the Year Ended 31 October 2023

ACHIEVEMENT AND PERFORMANCE

We now do this more formally through our LGBTQ+ BPoC Health Equity and Advocacy Toolkit and our LGBTQ+ BPoC Health Equity and Advocacy Training (H.E.A.T.) Programme.

FINANCIAL REVIEW

See Financial Statements dated 31/10/2023, with total incoming resource for the period being £54,110 (2022: £74,089) and total funds being carried forward £40,855 (2022: £54,214).

The charity have a reserve policy of a minimum of £2.5k.

The charity had no unallocated reserves at the end of this period.

The charity's principal source of funds is through project-based grants.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.............................................

Trustee

Page 4

Independent Examiner's Report to the Trustees of Black Beetle Health CIO

I report on the accounts of the company for the year ended 31 October 2023, which are set out on pages six to twelve.

Responsibilities and basis of report

As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independant examination, I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

My role is to state whether any material matters have come to my attention giving me cause to believe:

  1. that accounting records were not kept as required by section 386 of the Companies Act 2006; or

  2. that the accounts do not accord with those records; or

  3. that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; or

  4. that there is further information needed for a proper understanding of the accounts.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.

Mir Seyed Mokhtassi BSc (Hons) FCA CTA Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR

Date: .............................................

Page 5

Black Beetle Health CIO

Statement of Financial Activities

for the Year Ended 31 October 2023

Unrestricted
fund
Restricted fund
Notes
£
£
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income
6,340
47,770
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary income
-
57,465
Investment management costs
2
-
3,363
Other resources expended
-
6,641
Total resources expended
-
67,469
NET INCOMING/(OUTGOING) RESOURCES
6,340
(19,699)
RECONCILIATION OF FUNDS
Total funds brought forward
5,155
49,059
TOTAL FUNDS CARRIED FORWARD
11,495
29,360
2023
Total
funds
£
54,110
57,465
3,363
6,641
67,469
(13,359)
54,214
40,855
2022
Total
funds
£
74,089
41,850
927
2,887
45,664
28,425
25,789
54,214

The notes form part of these financial statements

Page 6

Black Beetle Health CIO

Balance Sheet

At 31 October 2023

Unrestricted
fund
Restricted fund
Notes
£
£
FIXED ASSETS
Tangible assets
6
-
421
CURRENT ASSETS
Debtors
7
-
2,348
Cash at bank
11,495
31,114
11,495
33,462
CREDITORS
Amounts falling due within one year
8
-
(4,523)
NET CURRENT ASSETS
11,495
28,939
TOTAL ASSETS LESS CURRENT
LIABILITIES
11,495
29,360
NET ASSETS
11,495
29,360
FUNDS
9
Unrestricted funds
Restricted funds
TOTAL FUNDS
2023
Total
funds
£
421
2,348
42,609
44,957
(4,523)
40,434
40,855
40,855
11,495
29,360
40,855
2022
Total
funds
£
562
-
57,788
57,788
(4,136)
53,652
54,214
54,214
5,155
49,059
54,214

The notes form part of these financial statements

continued...

Page 7

Black Beetle Health CIO

Balance Sheet - continued

At 31 October 2023

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on ............................................. behalf by:

and were signed on its

............................................. Trustee

The notes form part of these financial statements

Page 8

Black Beetle Health CIO

Notes to the Financial Statements for the Year Ended 31 October 2023

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT MANAGEMENT COSTS

Support costs
NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
Depreciation - owned assets
2023
£
3,363
2023
£
141
2022
£
927
2022
£
187

3. NET INCOMING/(OUTGOING) RESOURCES

4. TRUSTEES' REMUNERATION AND BENEFITS

The amount of trustees' remuneration for the period ended 31st October 2023 totalled £Nil (2022: £Nil).

Trustees' expenses

The amount of trustees' expenses for the period ended 31st October 2023 totalled £Nil (2022: £23).

Page 9

Black Beetle Health CIO

Notes to the Financial Statements - continued for the Year Ended 31 October 2023

5.
STAFF COSTS
Wages and salaries
The average monthly number of employees during the year was as follows:
Trustees
Sub-contractors
No employees received emoluments in excess of £60,000.
6.
TANGIBLE FIXED ASSETS
COST
At 1 November 2022 and 31 October 2023
DEPRECIATION
At 1 November 2022
Charge for year
At 31 October 2023
NET BOOK VALUE
At 31 October 2023
At 31 October 2022
7.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Accrued expenses
2023
2022
£
£
52,982
40,884
2023
2022
5
5
4
10
9
15
Computer
equipment
£
999
437
141
578
421
562
2023
2022
£
£
2,348
-
2023
2022
£
£
3,113
2,936
1,410
1,200
4,523
4,136
2022
£
40,884
2022
£
40,884
2022
5
10
15
437
141
578
421
562
2022
£
-
2022
£
2,936
1,200
4,136

Page 10

Black Beetle Health CIO

Notes to the Financial Statements - continued for the Year Ended 31 October 2023

9. MOVEMENT IN FUNDS

Net movement
At 1.11.22 in funds At 31.10.23
£ £ £
Unrestricted funds
General fund 5,155 6,340 11,495
Restricted funds
Restricted 49,059 (19,699) 29,360
TOTAL FUNDS 54,214 (13,359) 40,855
Net movement in funds, included in the above are as follows:
Incoming Resources Movement in
resources expended funds
£ £ £
Unrestricted funds
General fund 6,340 - 6,340
Restricted funds
Restricted 47,770 (67,469) (19,699)
TOTAL FUNDS 54,110 (67,469) (13,359)
Comparatives for movement in funds
Net movement Transfers
At 1.11.21 in funds between funds At 31.10.22
£ £ £ £
Unrestricted Funds
General fund 2,911 2,767 (523) 5,155
Restricted Funds
Restricted 22,878 25,658 523 49,059
TOTAL FUNDS 25,789 28,425 - 54,214

Page 11

Black Beetle Health CIO

Notes to the Financial Statements - continued for the Year Ended 31 October 2023

9. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement in
resources expended funds
£ £ £
Unrestricted funds
General fund 2,767 - 2,767
Restricted funds
Restricted 71,322 (45,664) 25,658
TOTAL FUNDS 74,089 (45,664) 28,425
A current year 12 months and prior year 12 months combined position is as follows:
Net movement Transfers
At 1.11.21 in funds between funds At 31.10.23
£ £ £ £
Unrestricted funds
General fund 2,911 9,107 (523) 11,495
Restricted funds
Restricted 22,878 5,959 523 29,360
TOTAL FUNDS 25,789 15,066 - 40,855

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement in
resources expended funds
£ £ £
Unrestricted funds
General fund 9,107 - 9,107
Restricted funds
Restricted 119,092 (113,133) 5,959
TOTAL FUNDS 128,199 (113,133) 15,066

Page 12

Black Beetle Health CIO

Detailed Statement of Financial Activities

for the Year Ended 31 October 2023

INCOMING RESOURCES
Voluntary income
Donations
Other income
Grants
Total incoming resources
RESOURCES EXPENDED
Costs of generating voluntary income
Wages
Postage and stationery
Sundries
Travel
Support costs
Management
Insurance
Advertising
Accountancy
Computer equipment
Finance
Bank charges
Total resources expended
Net (expenditure)/income
2023
£
792
6,340
46,978
54,110
54,110
52,982
2,429
324
1,730
57,465
99
3,103
6,641
140
9,983
21
67,469
(13,359)
2022
£
209
2,767
71,113
74,089
74,089
40,884
858
20
88
41,850
99
633
2,887
187
3,806
8
45,664
28,425

This page does not form part of the statutory financial statements

Page 13