Company registration number.. 13143331 Charity registration n￿rn￿r.. 1194564 QUEERCIRCLE LIMITED TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 Sadler Advisory Limited Queercircle Limited Contents Pège Reference and Administrative Detsi15 Trustees, Report 2-10 Independent Examiner's Report statement of Flnèncial Artlvitles {includlrwJ Income ènd Expenditure Account) Comparatlve Statement of FinatKial Activities linduding Income and Expenditu￿ Account) 13 Balance Sheet 14 Notes tc the Flnancial Ststements 15-21 The following page5 do not forrn part of the statutory accounts: Detalled Statement of Flnandal Activlties Ilncludlng Income and Expendlture Account) 22-23 Queercircle Limited Reference and Administrative Details For The Year Ended 31 May 2025 Trustees M5 Jane Ryan Ms Clara Dublant {appointed 15111120241 Ms Sa￿h Lasoye (appointed 15111120241 Ms Anna Nolan {appointed 15111120241 Ms Samar Sharns (appoint￿ 1SIIIJ20241 Mr Isaac Julien (resigned 22111120241 Ms Louise M￿InneV (resigned 25111120241 Ms Gemma Rolls-Bentley Wilde (resigned 10107120251 Mr Glenn Wright (resigned ISIL1120241 M5 Laura Hensfiew (￿igned 0910512025) Charlty Number 1194564 Company Number 13143331 Reglstered Office 0.1, Building 4 3 Barton Yard Soornes W3lk. Design Di5trirt Greenwich London SEIO OBN Indep¢ndent Ex•mlner John Sadler Sadler Advisory Llmlted 68 Ambergate Street London SE17 3RX Pdge I Queercircle Limited Company No. 13143331 Trustees. Report For The Year Ended 31 May 2025 The tru5tÈes present their report and the finanaal statetnenls for the year ended 31 May 2025. Obje¢tives •nd A¢tivities Alms •nd ObJertive* Following various initiative5 explored over our fi￿t Iwo years in a public-facing venue, 2024125 was a period of consolidating our learnings to Inforrn the long terrn strategic dirertion of the oryan15ation. Acr055 art5. health. research dnd leaming programmes, we deepened our community engagement and expanded our network of partners. Owin9 to our reflective practice and focus on evaluatjon, our progrornme continued to develop in relation to the needs of our cornmunities. The oryanisation has evolved through th15 work. focusing on building the infra5trurture th4t enable5 communities and partners to lead their own creative progtsmmes ènd take a greater role in declsion making. Wlthln an Increasingly hostile social and political environment, our commitment to this iterntive process has enabled us to remain flexible, adaptive, and re5pon5ive as we grow. Between June 2024 and May 2025 QUEERCIRCLE deliveved its aims and oblertives. through the folltswlng a￿8$ of attivlty.. Maintained and developed a pemianent, accessible putlic venue at the Deslgn DIst￿ct, offerlng daytSme and evenlng activities throughout the week. Welcomed 7.382 visitors, v4ith 47% of tI￿Se returning V15itors. who spent on averdge 3 hours in the space- demonstratlng strong engagement and participatory culture. Delivered 334 events, with 4420 visitors at In-venue activities and 962 partycipants at off51te events. Provided 958 hour5 of free space to gra55r(K>ts partners throu9h the Catalyst Projrarnme, enabling exhlbltions, workshops, screenings, peer learning and coMmunity-￿d events. Continued to experiment with how we meet the infrastructurnl needs of our communities and part￿r5, Including how we use our space5. Thi5 included convertin9 our gallery into a tinem8. a ￿hearsal Studio. and dellvered our first discusslon-based season'Gathering With Palestine., a programme of teach-ins, discussions and workshops bringing together 19 organisations to provide a safe, secial spKe for our communitie5 to gather, discuss and debate. Delivered an expanded learning programrne of 17 short courses, reaching 487 learners, frtsm cre8tlve writlng and poetry to prattical workshops for LGBTQ+ migrants. Selected to join the South East London lThtegrnted Care eoard Creative Health Alliance, positionlng the or9anlsation within regional health-equity work. Recognised in the GLA 2024-Understandin9 c￿atIve Health in London. rerx)rt, fvrther establishlng rhe or9anlsation as a leader In queer creative health. Continued development cf the Creotive Health Progrnmrne, dellvering workshops. eco-therapyi 50rnatlc practice5, grief tending. and self-defence. Worked with 20+ prattitioners and hosted multiple community groups le.g., Queer Carers Network, Mlcro Ralnbow, Crip Crafters) Continued development of our Young People's Programrne, induding portrenng with 7+ schoo15 and Bexley ThinkTank to deliver youth exhibitions and Pride attivatyons. a slx)wcase at Stephen La¥¥￿nCe Gallery and workshop for Erith Pride. Published several slgnlficant research works, disserninated widelyé including via Wellcorne Collecticn, The Polyphonyi and national networks. Expanded and strengthened networks across arts. health. educatlon. and community sectors-lncluding unlversltles IKCL, UCL, UALI, arts oryaTrisatksrs, youth group5t and grn55roots collectlves, as well as via SEL Integrnted Care oard networks. This year, ￿e continued to bulld the capacity and size of our workforce in order to deliver a Va￿ed and increaslngly specialised progranime. Frorn 23124 to 24125 our team increased frorn 5.5 FTE to 7.25 FfE, v4hilst maintaining our commitmÈnt to stèm progression, diversity, and the intlusion of lived ex￿rienCe ¥Yithin the tÈam. This intrÈasÈ in Capacity has allowed us to deepen the reach, quality. and impart of our activities. A new Nanaglng Dirertor posltlon was created to work alongsSde the DSrertor. Appolnted In December, the role provldes a(Iditional leadership in governance, finance, and operations. This has strengthened our capacity to develop the organisation's long tertn strategy aiong5ide itnpietnenting new 5y5tetns ￿ll(leS to 5UPPQrt day-to-day operational efflciency and good governance. Alongside the Health & Research Leèd Ifomedy Leaming Participation Mènagerl. the three have formed a Senior Management Team. rneeting regulady to review strategic decisiors and ensure that the team is well supported all round In pursuing the oryani56tions' objeLtive5. Pdge 2 Queercircle Limited Trustees. Report (continued) For The Year Ended 31 May 2025 Publlc Benefit mm We delivered participatory prograrntne5 across arts. creative health. research and learnin9 along with dedicated programming for young people-working with LGBTQ+ practitioners throughout. Our work In thls period focused on buildlng infraStnJctu￿ for OUT communitles to lead on thelr own cultut31 and health- based programmes. The impact of thls approach was significant.. 334 events delivered. 7.382 vl*tors welcomed to QUEERCIRCLE, wlth 962 participants engaged at our offsite events. Across 2024125, vje continued to deepen its comrnittnent to cultural equity, health and wellbeingi and comrnunity-led leaming. Through collaboration, reflertion. and adèptability. WÈ ensurÈd that our programmes remained responsiwÈ to the complex realities of LG8TQ+ lives. while contributing to a more inclusive and creative civic landscape. This year we launched Teresa Margolles, Fourth Hinth-the b*ggest art commlsslon In the UK and the culmlnatlon of a year- long collaboration with the artist and the Greater London Authonty, securing national and International press (Pink News, Wallpaper, Novara Media & other51. Further outcomes of this work included bejng invited to deliver a 'Memory Politics and Commemoratitsn. guest lecture at KCL ènd a field visit for MA students of Nèster of Arts in Cultural and Creatlve Industrles to engage with the work and here about the project. Gathering Wlth Palestine brought tO9ether IS+ organisations united around Palestinian liberation and solldarlty. Through a dedicated prografflrne OF teach-ins. discussions, literature events and work5hop5. we created a space for queer and allied communities to centre Pa￿st￿nIan volces. deepen political awareness and collectively bulld knowledge. resources, and solidarity. Over Sumrner 2024 the prograrnme i￿luded rnvltiple teoch-in5 co-h05ted with the Palestinian-led cr9ani5ation Nokan, series of'sunday Sessions" for 9r¢up discussion and strategy IxJilOin9. and a-Queer Ar)b knteratU￿' event exploring contemporary queer Arab volces. Real to Reel, our communlty clnema programme. developed with ten film collectives ènd archlves, drawlng 66% new vlsltors to QUEERCIRCLE. A thr￿rnonth prograrnme of free LGBTQ+ screenings, workshops, and Q&As, curated by ten partner organisation5 (including Otherness Archive. Cinenovo and T Gids on Film) and erneryin9 filmmaker5 froffl around the wodd. Audlence feedback highlighted reduced isolation. strengthened communlty connections, and engagement with global queer storles, whlle supportlng ernerging artists and curntors and demonstrntlng the Impact of cornmunity-led curation. We coritinued to develop our Catalyst prograrnme-exploring how we can share sptte, resources and knowledge v41th our communities to foster a Cultu￿ of mvtual supwrt and collaborative leaming. Through Catalyst we provided free spaee, enablin9 grassroots partners to host their own exhibitions bnd events. This allowed us ro collaborate on a rich variety of activities. from cinema screenings to practical workshops, and peer-to-peer leaming activities, detailed further In the following section. Not only a rnechanisrn for free space provision, this provided a framework for colla￿ratIOn, enabling underrepresented groups to shape aThJ the cultural and social activity at QUEERCIRCLE. This led us to launch an open call toward the end of the period. to intrease the number of groups wularly using our Spaces. We expect our reach to grow yet further in the period 25126 as a result. Hlghllghts from the year Included: Dream This Silly, a group exhibitiofi with ¢)w Yovth Art Collective. showcasing 114 young queer artists from across England, many exhibitlllg for the first time. GUttura1-N￿hless, an exhibition with Queer East Festival. presenting five queer Aslan artists and a serfes of workshops expk)ring the intersections of art, spiriiuality. and embotlied practi￿. These projects collectyvely strengthened QUEERCIRCLE'S posibon as a hjb for interdisclpllnary. cornmunlty-led artistlc practice, deepening engagement while maintaining xcessibility. Now In its second year, our Creative Health Programrne hjrther developed its focus on community-led healingi somatic prartice5, and tnental wellbeing. Working with over twenty pract￿onerS and partners. we delive￿ a wide-ranging programme of workshops, talks, and co-produced events. Projects Included.. ..CONTtNUED Pdge 3 Queercircle Limited Trustees. Report (continued) For The Year Ended 31 May 2025 Publlc Benefit- contlnued Shadows Fight Club. a queer self-defence thss led by arbst ond marbal arbst Bones Ton Jones, responding to rising threat5 of violence against LGBTQ+ people. Queering the Voice, a six-week course led by Mar90m￿l and other vocal ptsthtioners. exploring voice as a slte of embodiment and liberation. Eletnental Bodie5. eco-therapy workshops led by Ly Orr(Kk Betta Parkirtson in partnership with the Greenwich Ecology Centre. Moving Shame, developed by Gernma Lucas and Chloe Asker, combining movement and creative reflection to explore body confitjence and 5elf-aCCeptar￿. In additlon, we hosted events Including Grief Tending (Sarah Pletts and Rasha Hammanil. Grief Weavlng (Marsh Ana and Kat Benedictl, and Mad Kin Zine Launch-a day-long progrornme of poetryi talks, and workshops exploring abolitionist and disability justice per5pertive5 in mental health. We ¢ontinued our long-standing Queer ca￿r$ Network. running six online and two in-pewn sessions, and offered space and support to groups such as Micro Rainbow. Swole. Lady Kitts Crip Crafters, and the Queer Death Cafe. This year QUEERCIRCLE was chosen to be part of the 5thJth East London Integrated Care 8oèrd Alllance, which is dedlcated to redUc￿n9 health Inequalities through creating innovabve new partnerships and relationships of trust. Our Plealth & Research Lead 15 now funded by the NHS trust, in recognition of the work they will do to deliver a creative hearth rnapping project across the reglon. Our work was Clted In the GLA 2024 rtwrt"Untlersrandlng c￿alIVe Heaifh in London-. ￿flethng our growlng Influence In shaplng inclusive creative health practitr across the clty. Between June 2024 and May 2025. we dellvered 17 short courses (funded by the Royal 8omugh of Greenwlch Adult and Comrnunlty Learning schernel, reaching 487 ottendee5. cours￿ were designed and delivered by LGBTQ+ tutors, poets, artists, and educators, covenng thernes such as poetry* creatlve wrlting. collage, queer hlstory. and politicol educotion. Particular partnerships included Fourteen Poems, Queer Yourh Art Collertive. United Queertlom, MAKAN, and qUCL. The programme offered safe. inclusive spaces where LG8TQ+ leamers could develop creatlve skllls. ¢gnflden¢e. and wellbeing. Learner feedback ernphaslsed the IM￿rtanCe of belonging1 safety, and self-expression.. "It felt like a really Suppo￿Ve expedence that enabled me to exp￿ my voice and feel MO￿ confident In self-expresslon.. 'Thls Is an Integral resource to encourage confidence. build knowledge, and find solidarity at this tlme.. Followlng extenslve review by trustees and staff, we took the decision to conclude our role as an RBG provider at the end of this perlod, recognising the limitations of their current systern while reaffirmiThJ our commitment to accessible, value5- driven community leoming an(J to our trans communities ill particular. The prograrnme's succe55 lay not only in course outcornes but also in its wider cultural arKI sotl•l impatt-buildlng confidence, devÈloping creative and civic agency. and connettiThJ leamets to further opportunities within QUEERCIRCLE and beyond. The altematlve educational format we have developed will contsnue in our work via other fundlng strands In future. Pr mm This year marked significant progress In developiw our Young People's Prcgramme, wlth an emphasis on trans and gender- diverse youth. Thrcugh the e¥panded Young People'5 Prograrnmer role, we st￿ngthened safeguarding practice5, bullt partnerships with local schools, C0-pr￿Ured new projects responding to the current political clifflate and incre65ing hostllity towards trans young people. Hlghlights included.. The Young People'5 TBnsifesto. a rnajor participatory research projert led by Lu Wtlson, exploring how tran5 and gender non-tonforming young people ¥Yish to be supported. The resuibng wblication was launthed in ottober 2024 and shared with networks, funders, and policymakers. partnershi￿ with Shooter5 Hill Sixth Form and Bexley ThinkTank, involving over seven schools in C￿atiVe workshops, exhibitions, and Pride activitie5. A showcase at stephen Lawrence Gallery. curated by students explonn9 queer safety and autonomy. Collaboration with Erith Pride, delivering sign-rnaking workshops and public engagernent activitie5 celebrating local LGBTQ+ visibility. The pre9￿MMe has demonstrated the value of slow. trnst-based relationship building and has become an essential part of QUEERCIRCLE'S holistic rn¢>Jel, where young people are supported not only as leamers, but as cultural participants and future leader5. ..CONTtNUED Page 4 Queercircle Limited Trustees. Report (continued) For The Year Ended 31 May 2025 Publlc Benefit- contlnued Our'collaborative turn, towards research and evaluation began in Autumn 2023 and saw us commission six research strand5, three of which were rnade public in this Peri￿. with the remaiThing three sbll underway at the time of this report. Researchers rnet re9ularly as part of a Research Steering Group to share their pro￿55 aod refiect on their fin(Iings. These quarterly meetings helped grow a tulture of mutual. tollabDrativÈ interests and values ènd develop tommunity-based approaches to ￿Search outside of academia. The commissioned research published in this Feriod was as follows: Queering Creative Health 2. Researching Our5elve5. by MJ B6rker (September 2024) Young People's Transifesto, Lu Wilson collaborating with young people iottober 20241 'What else is made through making?, three blogs by by Anni Raw (Febrnary 20251 The follov41ng commisslons We￿ ynderway. due for launch In 25126= Data Manifesto and Report, written by PJ Annarkj and Stef Garasto (due August 20251 Queering the Volce. a podcast series by Margomool (due ottober 20241 Is an institution malleable? A film by Phoebe Eustance (due Jan 20261 The cornmi551on5 published so lar have been widely circulated and their collective impact ha5 been to posltlon QUEERCIRCLE as a leadlng vol¢e In queer (￿arIve health ￿earCh and polKy development. MJ Barker's'queerin9 Creative Heèlth 2. zlne had a significant impact, ¥Yith over 500+ copies distributed across London t¢ date, posltive coverage In The Polyphony. Inclusion In the Wellcome Collection's Zines Forever! DIY Publishing and Dlsability Justice exhibition (March - September 20251. and a feature on the National Centre for Creative Health wJeb5ite. Partner organisations are also using It intemally for statt learning. co-produttion discussions. and queer-afflrmlng prèctice, extending its Influence within the sector. The'young People's Transifesto. (led by Lu Wilson wlth young peopk from va￿a￿S youth organisatlonsl was presented at a sharing event that tcck place In January. Young people Involved In the research led a convewtion oround their needs with vouth workers, doctots and tea¢hets. as well as other LGBTQ+ young people. The Trnnsifesto Vlas also featured in Metro's 40 year annlversary exhibitlon'out from the Centre. (May 20251 at Mimosa House. and has been clrculated and Irnplernented across other arts and youth oryanisations includin9 Rainbow Mind. Queer Youth Art Collective and Step Forward. Wh115t we contlnued to develop OUT Systems for me8surtng 8vdlences and impact through quJntitstive data, we rernalned equally committed to methods that capture rhe lived experience, stories, and cultural value generated through our programmes. The Data Manifesto and Report currently underway (led by researchers PJ Annènd and Stef Garastol wlll e¥plcre this balance. This research advocates for sector-wide approaches to queer data that prioritise care, consent, and community context alongside measurable outputs. The principles emerging from the Data Manifesto have already shaping practice beyond QUEERCIRCLe. Colleagues at universit*s and third-sector organisations involved in our collaborations- such as UCL, KCL and The Love Tank-have invited us to share our emerying approxhes in teachlng session5, network gatherings, and Knowledge Ex¢har¥Je events. We will bÈ embÈdding the leaming from the Data Manifesto and Report (due to be published August 20251 throughout Dur work-developlng new evaluation tools for 2025-26 thar centre creative. dialogic, and porticipatory methods, and establishing a new Data Steering Group. A new role of Comrnunity Knowledge Prograrnmer will also be created to support this work, detnonstrating our dedication to centering LGBTQ+ lived experience. arnplifying cotnmunity knowledge, building equitable, co-created research prartlces. In addition to commlssioned research. PHO student Cole Davidson was embedded in the organisatlon on placement over this perlod ISepternber'24-March'251. Involved in vanous events and aspects of our work. both as a participant and facilitator. Cole contributed a piece of research on the different ways learning happens throughout the oryanisation, refietting on learning from a queer perspettive ès an itnportènt aTrd generative forte. Collectively, this work continues to infom our intemal working prattl￿s. progtamme design and a rKher, more holistic evaluation framework, whilst we also disseminate learning across the creative health field. Key qUant￿ta￿Ve flndlngs of our evaluation of 24125 induded.. A 22.5% increase in new participants cornpared with 2023124. 40Wo of audience members identified as disabled. The rnajority of participants were aged 18-35 arid based ITh East and South East London. Visitor sat15fattion averaged 9.2110. with 47% returning visitor5 and all visits lasting on average 3 hours in the space. .CONTINUED Page S Queercircle Limited Trustees. Report (continued) For The Year Ended 31 May 2025 Publlc Benefit- contlnued Selected audien￿ & participant qualitative "It means a lot to be able to come to a qU￿r spatt among queer people." "Makes me feel more empowered about being black & queer & the futu￿." "As a young queer person, it really opened my eyes to parts of trans history I didn't k￿W about" "I can't stress enough how invaluable the bme has been to be in this Sp￿e, and it feels like a privilege, and an honor to be able to just have the time to exist, to just be and be curious about rnyself." "It was very empowenng. It was really eye opening to see that this is how we could exist, that this is a possibility. 8ecau5e I have never experienced ariything like it before. So just to know th6t it can happen. that it5 P055ible, it Wa5 mindblowing." "It wès really what I needed. Carers 5UPPOrt groups a￿ hard to find. when yw dts find them they aren't very queer focused, and they aren't about the bigger picture of organising and Imaginln9 our futures which is the next step that Is really 15 needed to keep pushin9 through the cariThg nd bureaucracy" 'A powcrful. nurturing and profound doy ot QC. The grief tending was beautifully facilitoted and very inspiring. Hopefully this vèluable work Can be delIve￿o more often. I am $0 gratelul for the oprx>rtunity to piattice grief tending In a Queer context." "Incredlbly refreshlng and beautlful to heal and share a queer-ffiendly Spa￿ and way. How lucky I feel to have been able to do this. Selected Artist Feedback.. 'It was very fulfilling and validating and allowed us to ce￿brate work that wasn't 9olng to be 5crutlnlsed or judged or graded" (Then and There orti5t in residerKel '[ loved the aspect of cdebrating everyone's art even when It's an unexpected medlurn or formot, and accepting people's work rather than plcklng a fev4 from the optlons people submitted." lQYAC'D￿aM This Silly, artistl "I have an exhlbition ro my name which is ni￿ and feels a bit more legitimate as an artlst.. It's helped me feel a blt more confldent about submitting rny art to other places and exhibitions in the fvture. And I feel Inspired by the other pieces my work was exhibited alcngsi(le." IQYAC'Drearn This Silly artist) Feedback from the collaborators 'We had a fantastic turn out and some lovely feedback about how irnpactful and special seeing these two pleces screened together was. We know that these screenings can be hord to get hold of, so it Was 9￿at to offer people the chance to see them at an accessible and I￿e venue." Adam. METRO 'It was really grear to see so many people from multiple generations. And hear real stories of people who were Ilving as trans In the BO/90s and how they are expertenciw It todayl Peoples. feedback was also that they felt changed by what they saw/ experienced." Sweat, Otherness Arthive The trustees conflrm that they have cornplled with the wuiremeTrts of Sectlon 17 of the Chadtles Act 2011 to have due regard to the Charity Comm1s5ion's 9uthnce on public benefit. Llst of contrlbutors Jennifer Wong Hetty Cllss William Rayfet Hunter Remi Graves Simon Locke George Z. Igor K. Dtnitri M. .CONTINUED Page 6 Queercircle Limited Trustees. Report (continued) For The Year Ended 31 May 2025 Llst of contrlbutors- tontlnued Seryei Khazov-C655i Ankè Dabrow5ka Bones Tan Jone5 Margornool Stephen Davidson Tobi Adebajo Ly Orreck Becca Parkinson Gemma Lucas Chloe Asker Reece Lyons Sarah Pletts Rasha Hamman Marsh Ana Kat Benedltt Jules McGree-Russell Meera Shakti-osborne April Forre5t Lln Lu Wllson Tam Hart Kat Hud50n Phoebe Eustance Rlver Ujhadbor Mark Sladen Thomas Maltby Rachel House Ben Walters Cole Davidson Kevin Guyan MJ 86rker PJ Annand stef Garasto Oluwaseun Olayiwola Eve Stsinton Florence Peake Rudzanai Moleya .CONTINUED Page 7 Queercircle Limited Trustees. Report (continued) For The Year Ended 31 May 2025 Llst of contrlbutors- tontlnued Jose Funnell Lady Kitt Niya B Oluwaseun Olayiwola Dr Anni Raw Teresa Margolle5 South East London Integrated Care Board Greenwlch Adult & Communlty LearniNJ IRBGI Queer Youth Art Collettive IQYACI Unlted Queerdom MAKAN step Forward METRO Chorlty Otherness Archlve Clnerna Mentlre Spectra Clnenova Queer East London Communlty Vldeo Archlve Old Nountaln Assembly T Glds on Fllm Blacker Berry Project Micro Rainbow Soteria London MayDay Rooms Lady Kitt's Crip Crafters Shooter5 Hill Sixth Form Bexley LGSFQ+ ThinkTank Greenwich Ecology Centre Three Rivers (Bexleyl UAL Iunlversity of the Arts London) The Love Tank Queer Death Café Trans Chorus KCL (Klng's College London) UCL Iuniversity College LoThlon) .CONTINUED Page 8 Queercircle Limited Trustees. Report (continued) For The Year Ended 31 May 2025 Llst of contrlbutors- tontlnued ARC South London ACT UP London Amnesty International Artists for Palestine Cultural Alliance for Palesbne Health Workers for a Free Palestjne LGSMigrants Medact Museum of Transology Queers for Palestine Rethlnking SecurSty Saql Books Takweer The Nosalc Rooms Whlte Klte Colwlve Fln•ncl•l R*vlew Fln•nJard of trnstees and signed on its behalf by: C&7ra Ms Jane Ryan Ms Clarn Dublanc Trustee Trustee 0710112026 Page 10 Queercircle Limited Independent Examiner's Report to the Trustees of Queercircle Limited For The Year Ended 31 May 2025 I report to the charity trustees on my examinabon of the accounts of the Company for the year ended 31 May 2025. Responsibilities and Ba515 of Report As the charity trustees of the Company land also its directors for the purposes of company lawl, you are responsible for the preparntion of the accounts in 4ccordance with the requirernents of the Cornp6nies Act 20061.the 2006 Art"). Having satisfied rnyself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and re Èligible for independent Èxaminètion. I rerK)rt in respect of my examination OF your tharity's attounts as tarried out under section 145 of the Chamties Act 2011 I'the 2011 Act'l. In canying out my examination I have followed the Directions given by the Charity Cornm15sion under seLtion 14515) Ibl of the 2011 ALt. Independent Exominer's Statement Slnce the Company's gross income exceeded £250.000 your examlTher must be a member of a body listed In sectlon 145 of the 2011 Act. I confirrn that l arn qualified to undertake the exarninat￿n because l am a member of The Institute of Chartered Atcountants in England and Wales. whith is one of the listed bodies. I have completed my examlnatlon. I ctsnflm that no matters have come to my attentyon In connectlon wlth the examlnatlon glving me cause to belSeve'. l. accounting records were not kept in respect of the Company as required by setbtsh 386 of the 2006 Art. or 2. the accounts do not accord with those records.. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view. which ts not a matter considered as part of an independent examlnarion., or 4. the accounts have not been prepared in aCCordar￿e with the methods and principles of the Statement of Recomrnended Practice for accounting and reporting by charibe5 applicable to chorities preparing their accounts in accordance with the Financial Reporting srandard applicable in the UK and Republic of Irelan(J IFRS 1021. I have nc concems ond hove come across no other mattU5 In cOnr￿Ction with the examination to which atten￿On should be drawn In this report In order to enable a proper uNlerstanding of the accounts to be reached. JOAA Jaaler John Sadler 0710112026 68 Ambergate Strttt London SE17 3RX Page 11 Queercircle Limited Statement of Financial Artivities (including Income and Expenditure Account) For The Year Ended 31 May 2025 2025 2024 Unrestricted Restricted funds fund5 Total fvnds Total funds INCOME AND ENDOWMENTS FROPI: Donations and legacies Ch6rit4ble 6ctivitie5'. Eamed Income 91,362 398,495 489,857 394,960 9.935 9.935 36.736 101.296 398.495 499,791 431.695 EXPENDITURE ON.. Charitable attivitiÈs'. Other expendlture Exhibition costs Art15ts fees Ernployee costs Programme Costs Speclal events costs 123.7221 164.5991 188,3211 1106.4821 15,5581 115,0641 120,6421 128,4871 12,0681 12,0681 11,6001 130,8611 1216.0181 1246,8791 1207.5991 12071 155.6221 155,8291 149,9751 11,$541 17251 12,2791 14,9121 163.9701 1352.0481 1416,0181 1399.0551 NET INCOME 37.326 46.447 83,773 32.640 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 37,326 46.447 83,773 32,640 64,217 17,017 81,234 48,594 TOTAL FUNDS CARRIED FORWARD 16 101,543 63,464 165,007 81,234 The notes cn pages 15 to 21 form part of these financial statements. Page 12 Queercircle Limited Comparative Statement of Financial Artivities (including Income and Expenditure Account) For The Year Ended 31 May 2025 2024 Unrestrlcted Restrlcted funds fund5 Total funds INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities.. Earned Income 93.630 301,330 394.960 36.736 36,736 130,365 301,330 431,695 EXPENDITURE ON: Charitable activities.. Other expenditure Exhlbltlon costs Artists fees Employee costs Prograrnrne Costs 5peclal events costs (52.1891 154,2931 1106.4821 124.5731 13,9141 128.4871 11.6001 11,6001 18,2191 1199,3801 1207,5991 13001 149,6751 149,9751 14.9121 14,9121 191.7931 1307,2621 1399,0551 NETZNCOME 38.572 15,9321 32,640 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Toral funds broughr forvlard 38.572 15,9321 32,640 25.64S 22,949 48,S94 TOTAL FUNDS CARRIED FORWARD 16 64.217 17,017 81.234 The notes on pages IS to 21 form part of these financial statements. Page 13 Queercircle Limited Balance Sheet As At 31 May 2025 2025 2024 Unrestricted Restricted funds fund5 Total fvnds Total funds FIXED ASSETS Tangible Assets io 14,420 14,420 11,531 14,420 14,420 11,531 CURRENT ASSETS Debtors 312 2.347 86.231 17.548 17.860 2,347 244,693 11,952 2.703 121,655 Investments Cash at bank and in hand 12 158,462 88.890 176.010 264,900 136.310 Credltors: Amounts Falllnp Due Wbthln OM Year 13 11.7671 (112.5461 1114,3131 166.6071 NET CURRENT AsseTS (LIABILZTIES) 87,123 63,464 150,587 69,703 TOTAL ASSETS LESS CURRE14T LIABILITIES 101.543 63.464 165,007 81.234 NET ASSETS 101,543 63,464 165,007 81,234 FUNDS OF THE CHA Restritted Funds unrest￿Cted Funds 63,464 101,543 17.017 64,217 TOTAL FUNDS 16 165,007 81.234 For the year ending 31 May 2025 the charitable company was entided to exemptyon fygm audit under section 477 of the Companle5 Act 2006 relating to srnall companies. The Members have not required the chantable company to obtain an audit In accordaKe with section 476 of the Companles Act 2006. The trustees acknowledge their responsibilities for cornplying wrth the reoulrernents of the Act wlth respect to accountlng records and the preparation of accounts. These accounts have been p￿pa￿d in accordance with the provisions applicawe to companies sutslect to the small companies regime. On beha￿ of the board C&7ra M5 jane Ryan Ms Clao Dublanc Trustee Trustee 0710112026 The notes on pages 15 to 21 form part of these financial statements. Page 14 Queercircle Limited Notes to the Financial Statements For The Year Ended 31 May 2025 l. General Information Queercircle Limited Is a company lim￿e￿ by guarantee. ircorporateil in England & Wale5, registered nurnber 13143331 and registered charity nufflber 1194564. The registered office 15 0.1. Building 4 3 Bartofi Yard. Soèrnes Walk. Design District, Greenwich, London, SEIO 08N. 2. Accountlng Pollcles 2.1. Basls of PrÈparaVon of Flnanclal Ststements The finantlal statements have been prepared in atcordantt with the Chèritses SORP IFRS 1021 "Actountlng and Reporting by Charities.. Statement of Recommended Practice applicable to chorities preparing their accounts in ccordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective I January 20191. Finantial Reportlng Stsndard 102 Financial Rewrtin9 Standèrd applicab￿ in the UK and Republic of Ireland" and the Companies Act 2006. The charitable company is a Public Benent EntSty as dehned by FRS 102. 2.2. Golng Concern DSsclosure The trusrees have nor identified any materlal uncertalntles Yelated to events or condltlons that may cast slgnlflcant doubt about the charitable company's ability to conbnue os o going concem. 2.3. Fund ACCOUn￿n9 Unrestncted funds Can be used Sn accordance wlth the charltable oblectlves at the dlscretion of the trustees. Deslgnated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose. Restrlcted funds are to be used for specific purposes as laid down ty the donor. Further explanatlon of the natu￿ and purpose ol each fund Is Included In the Th)tes to the flnanclal starements. 2.4. Incomlng Regources Income is included in the Statement of Financial Activities ISOFAI when the charity becomes entitled to. and vlrtuallv certain to receive, the income and the amount of the income can be measured with sufficlent reliabillty. Where Income ha$ ￿lated expenditu￿ the income and ￿lated exPe￿IltY￿ Is reported gross In the SOFA. Voluntary income received by way of grants. donations and gifts is induded in the SOFA when receivable and only when the Charlty has unconditlonal entitlement to the Incorne. Incorne from tsx claims Is Included In the SOFA at the same tsme as the giftldonatlon to whlch Is relates. These are only Included In Income Iwlth an equivalent amount In exFendlturel where the beneftt to the Charfty Is reasonably quantiflable, measurable and rnaterial. The value of any vclunteer help received is not included In the accounts. Investment income Is Included In the accounts when receivable Gainslllossesl on revaluation of fixed assets - This includes any gain or loss resulting from revalulng investments to market value at the end of the year. Gainslllossesl on investment assets- This indudes any 9ain or loss on the sale of investments. 2.5. Donated Goods and Servlces All donated good5. facilities and Services received a￿ recognised wiihin irKtsming resources and expenditure at an estlmate of the value to the charity. Page IS Queercircle Limited Notes to the Financial Statements (continued) For The Year Ended 31 May 2025 2.6. Resources Expended Expenditure Is recognised on an accrual bosis. Expenditu￿ In￿￿e5 any VAT which cannot be fully recovered, and is reported a5 part of the expenditure to which it relate5. Expenditure on raising fund5- These comprise the costs as%>Ciated wth attracbng voluntary incorne, fundraising C£￿ts and Investment management costs. Expenditure on charitable artivities- These tomprise the tosts inturred by Charity in the delivery of its attivitles and services in the furtherance of its objects. including the making of grnnts and governantt costs. Grants payable - All grant expenditu￿ is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs - These include those costs as50Clated with meetiThg the constitutional and statutory requirements of the Charity, intluding any èudiv1nde￿nd￿￿t exèmination fees. tosts linked to the strategic management of the Chadty, together with a share of other administration costs. orher expenditure - These a￿ support costs not alk•W w a particutsr Ktivlty 2.7. Tanglble Flxed Assets and Depreelatlon nglble flxed èssets are meèsured èt cost less accumulated deprec*tion and any accvmulated Impalrment losses. Depreciation is provided at rates calculated to wrrte off the cost of the fixed assets, less their estimated re51dual value, over their expected useful lives on the following boses- Plant & machinery Computer Fouipment 25% Straight Line 33% Straight tsne 2.8. C*•h and C•sh Equlvalents Cash and cash equivalents are basic financial ossets and include cosh in hand and deposits held ot call with banks, other 5hort-term highly liquid inve5trnents that rnature In no more than three rnonths from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in Value. and bank overdrafts. 2.9. T•x•tlon The charity Is exempt Irom as all ils inccw7)e 1$ charitabk and applied fclr cha￿table purposes. 2.10. Pen*lon• The charitable cornpony operate5 a def1ned pension contribution Scheme. Contributions are char9ed to the Staternent of Financial Activities as they become payable in accordance with the rules of the Kheme. 2.11. Trade and other credltor• Short terms creditors are measured at the transartion price. Other C￿lIOrS )nd provision a￿ ￿¢¢gniSed where the charity has a present obllgarion resulting from a past event that will probably result in the transfer of funds to a thlrd party and the arnount due to settle the obligation can be measured or estirnated reliably. Creditors and provisions are normally recognised at their Settlement atnount after allowing for any trade discounts due. 3. Income from Donations and Legaaes 2025 Unre$trirted Restrirted Total funds tund5 funds Donations and gifts.. Donations Other revenue Corporate Income Grants.. Grant Income 16,551 70.811 16,551 70,811 4.000 398,495 402,495 91.362 398,495 489,857 Page 16 Queercircle Limited Notes to the Financial Statements (continued) For The Year Ended 31 May 2025 2024 Unrestricted Restrirted Total nds funds funds Donations and gifts.. Donations 12.153 67.634 13.843 12.153 67.634 13,843 other revenue Corporate Income Grants.. Grant Income 301.330 301,330 93.630 301,330 394,960 4. Net In¢tsm¢llExpendltur¢l The net income 15 Stated after charylngllereditingl- 2025 2024 Depreciation of tsngible fixed assets - owned 5,697 5,152 5, An•ly41• ot Exp¢n¢ltute 2025 Artl¥ltl undertaken dlrectlv Support cost (see note 61 Total orher expenditu Exhibltlon costs Art15ts fees Ernployee costs Programme Costs Special events costs 6.077 20,642 2,068 245,242 55.829 2.279 82.244 88.321 20,642 2,068 246,879 55,829 2,279 1,637 332.137 83.881 416.018 2024 Artlvltle5 undertaken dlrectlv Support (see note 61 Total Other expenditu Exhibition costs Artlsts fees Employee costs Prograrnme Costs Special events cost5 6.049 28.487 1.600 204,843 49.975 4.912 100.433 106.482 28.487 1,600 207,599 49,975 4,912 2,756 295.866 103,189 399,055 Page 17 Queercircle Limited Notes to the Financial Statements (continued) For The Year Ended 31 May 2025 6. Support Costs 2025 other expenditure Employee costs Total Employee costs.. Other staff costs Travel expenses Premlses expenses.. Rent 1,637 1,637 2.910 2.910 36.461 3.014 2,274 36.461 3,014 2,274 Rates Repairs and maintenance General admini5tration'. Advertising and marketiN4 Costs Legal fees other office costs Governantt ccsts.. Trustees, expense5 Independent examlnerfs fees 4.690 1.184 17.896 4.690 1.184 17.896 204 13.611 204 13.611 82.244 1,637 83,881 2024 Other expendittire Ernployee ¢ost* Total Employee costs: Other staff costs Travel expenses Premises expenses.. Rent 2,756 2,756 2,822 2,822 52.66S 2,762 1,496 52,665 2,782 1,496 Rates Repairs and maintenon General admin15tration'. Advertising and marketiry costs Legal fees other office costs Governantt ccsts.. Independent examiner'5 fees 10.638 13 19,829 10.638 ij 19,829 10.188 10,188 100.433 2,756 103,189 Page 18 Queercircle Limited Notes to the Financial Statements (continued) For The Year Ended 31 May 2025 7. Independent Examiner's Rernuneration 2025 2024 Tndependent examination of the financial statements Other assurance setvices Tax advisory services Other finano615ervi¢es 1.512 1.584 4,196 7,903 1,742 6,862 13,611 10,188 8. Stsff Costs Staff costs were as follow5.. 2025 2024 Wages and salanes Social security ccsts Other pension costs 223,521 15,901 4,757 187,897 12,498 3,998 244,179 204,393 No employee5 recelved employee benefits (excludin9 eMp￿ver pensk•n c05ts} for the reportlng period of more than £60,000. 9. Average Number ot employee• Average number of employees durlng the year wa5.. 8 12024- 61 10. Tanglble Asmts Plant & Ma¢hlnery Computer Equlpment Total Cost As at l June 2024 Additlons 19,034 810 3,856 7,777 22,890 8,587 As at 31 May 2025 19.844 11,633 31,477 Depreclatlon As at l june 2024 Provlded durSng the perbod As at 31 May 2025 9.377 4,428 1,962 1,270 11,359 5,698 13,805 3,252 17,057 Net Book Value As at 31 May 2025 6.039 8,381 14.420 As at l June 2024 9.657 1,874 11,531 IL. Debtors 2025 2024 Due wlthln one year Prepayments and accrued irKome Other debto 8,877 8,983 2,692 9,260 17.860 11,952 Page 19 Queercircle Limited Notes to the Financial Statements (continued) For The Year Ended 31 May 2025 12. Current Asset In￿StMents 2025 2024 other Investments, held for sale 2.347 2.703 13. Creditors: Amounts Falling Due Within One Year 2025 2024 other taxes and soclal security Other credltors Accruals Deferred Income 4.199 7,730 2.969 11,064 1,584 50.990 102,384 114,313 66,607 14. Deferred Incorn• Deferred Income movements in the year were as fc4lows: 2025 2024 Balance at the start of the perlod Income defer￿d in the cur￿nt perlod Amounts released In Income frorn prevlous ￿9d5 Balance èt the end of the pe￿0d 50,990 102.384 150.9901 50.990 102.384 50.990 Deferred incorne represents grant funding received in advance for activities delivered over defined funding periods which rnay overlap the charity's financial year end. IrKome is rtcognised in the Statement of Financial Activities as the related charitable activlties are delivered during the funding period, with the unearned portion camed fonvard as deferred income. IS. Penslon Commltments The charirable company operates a defined contribution Fenslon scheme. The assets of the scheme are held separately from those of the charltable company In an independently administered fund. Durlng the year the charge to the statement of finandal attivities In respect of defined contdbutlon schemes was £4,757 12024.. E3,9981. At the balance sheet date contriiwtions of £1,174 12024: £8571 were to the funo arK1 are included in ereditors. 16. Movement In Funds As at l June 2024 As at 31 May 2025 In￿rne Expenditure Unrestrlrted funds General.. General unrestritted fund Restrlcted funds City Bndge Trust National Lottery London Cornmunity Foundation Royal Borough of G￿n￿￿h - ACL 64.217 101.296 (63.970) 101.543 2,761 14,256 73,917 238,995 15.000 54.583 146,7921 1232,5721 (15,0001 (54.5831 29,886 20,679 .CONTINUED Page 20 Queercircle Limited Notes to the Financial Statements (continued) For The Year Ended 31 May 2025 Disrupt Foundation Ljnlversity College London 12.000 4.000 13.000) iioii 9.000 3.899 Total restrlcted funds 17.017 398.495 1352.0481 63,464 Tot•1 funds 81.234 499.791 1416,0181 165,007 As at l June A5 at 31 May 2024 2023 Income Expendlture Unrestrlcted funds General.. General unrestrirted fund Restrlcted funds 25.645 130.365 191,7931 64.217 city B￿dge Trust National Lottery London Cornmunity Foundatlon Royal Borough of Greenwich - ACL Royal Borough of Greenwlch - Wami Spaces 36.375 194,325 11.879 55.751 3.000 133.6141 1180,0691 111,8791 178,7001 13.0001 2.761 14,256 22.949 Total restrlcted lund• 22.949 301.330 1307.2621 17.017 Total fundi 48.594 431.695 1399,0551 81,234 Durlng the year, expendlture Incurred on each restricted fund did not exceed the Income available for that fund. The Cha￿tY has in platt apprcpnate financlal controls to ensure that restricted funds are applied solely In accordance with the 5peclflc purposes ser by donors and funders, a￿1 that expenditure is Monito￿ to p￿Vent deficits arising on restritted funds. 17. Tr•ns•ctlons wlth Trustees None of the trustees receivetl any ￿MUneratIon or any oty￿r be￿ from an emplOy￿Tht with the charity or a ￿lated entity dudng the current or previous year. Durlng the year the expense5 reimbuvsed to the trustee5 or pa￿ directly to third parties were a5 follows.. 2025 2024 Subsistence 204 Number of trustees reimbursed for expenses during the year was I 12024.. 0) 18. Related Party Disclosures There have been no related party transactions in the ￿pOrting period that require disch)sure. 19. Company limited by guarantee The company is limited by guarant￿ and has rKs share capitsl. Every member of the company undertakes to contribute to the assets of the compaThyi in the event of a winding Upi such an arnount a5 fflay be required not exceeding El. Page 21 Queercircle Limited Detailed Statement of Financial Artivities (including Income and Expenditure Account) For The Year Ended 31 May 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donatlons and legacles Donations 16,551 70,811 12,153 67.634 13.B43 301,330 Other revenue Corporate Income Grant Income 402,495 489.857 394.960 Charltable Actlvl¥es: Earned Income Income from charitable activities 9.935 36.736 9,935 36,736 499,791 431,695 EXPENDITURE ON: Chorltable Actlvltleo: other expendlture Merchandise costs Depreclatlon of plant and machlnery Depreclation of computer equipment Travel expense5 Rent Rares Repairs and maintenance Advertlsing and marketing costs Legal fee5 Other offiee costs Trustees, expenses Independent examlnees fees 13601 14.4281 11,2691 18971 14.3651 17871 ji 12,9101 136,4611 13,0141 12,2741 14,6901 11,1841 117,8961 12041 (13,6111 12,8221 152,6651 12,7821 11,4961 110,6381 1131 119,8291 110,1881 1106.4821 188.3211 Exhlbltlon eosts Exhibltlon costs {20.6421 128.4871 120.6421 128.4B71 Artists fees Artist fees 12.0681 11.6001 12,0681 11,6001 Employee ¢o$ts Employee costs Etnployer5 NI Employers pensions- defined contribution schemes Temporary staff Other staff costs 1223,5211 (15,9011 14.7571 11,0631 11,6371 1187,8971 (12.498) 13.9981 14501 12,7561 1246.8791 1207,5991 .CONTINUED Page 22 Queercircle Limited Detailed Statement of Financial Artivities (including Income and Expenditure Account) (continued) For The Year Ended 31 May 2025 Pro9ramme Costs Progr3mme costs 155.8291 149.9751 (55.8291 149.9751 Speclal events costs Special event costs 12.2791 14.9121 12,2791 14,9121 1416,0181 1399,0551 NET IP4COME 83,773 32,640 Page 23 REF. NUMBER **`9VYQR-8JZI9-9SV2Y-XE3RP`** DOCUMENT COMPLETED BY ALL PARTIES ON **`09 JAN 2026 12:15:57 UTC`** |**SIGNER**
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**SIGNATURE**| |---|---| ||| |**CLARA DUBLANC**
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**SIGNATURE**|| |---|---| ||| |**JOHN SADLER**
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