PRIDE OUTSIDE C.I.C.

Company limited by guarantee

Company Registration Number:
SC660623 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

PRIDE OUTSIDE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PRIDE OUTSIDE C.I.C.

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

Pride Outside CICAnnual Report from December 2022 - Nov 2023Overview This year was the first full 12 months of trading for Pride Outside CIC as there were only 6 months trading in the previous accounting period. We have had a successful year with our income growing by 292% from £31,754 to £92,978. In terms of social impact, we reached 549 with our paid for learning programmes and 1003 LGBTQ+ people with our free LGBTQ+ wellbeing programmes. To amplify our impact, we prioritised LGBTQ+ run businesses in our supplier chain with 86% of our budget being spent with 20 LGBTQ+ businesses, often sole traders and small businesses.Wellbeing Programmes In our LGBTQ+ Wellbeing programme, we delivered 34 wellbeing events reaching over 1003 people in Scotland, with 98% of participants reporting an improvement in their wellbeing. Our events are mainly outdoors in nature including our LGBTQ+ Wellbeing Woodlands Festival which reaches 500 people and includes a programme for 40 LGBTQ+ volunteers. Our work reached particularly marginalised parts of the LGBTQ+ community, with 42% of our participants identifying as having a disability, 33% as neurodivergent, 31% as trans or non binary and 30% as a person of colour. Learning ProgrammesIn our LGBTQ+ Training programme, we reached 81 organisations and 549 individuals with our training programmes to improve inclusion and diversity in workplaces and communities. This included in person and online workshops as well as longer term consultancy projects. We worked predominantly in Scotland, but also across 6 different countries with LGBTQ+ organisations on risk assessments and wellbeing. We also delivered LGBTQ+ wellbeing days for LGBTQ+ groups within organisations.Finance and GovernanceIn the last 12 months, we brought in a total of £92,978.This was a 292% increase on the previous year’s income and we are also proud that our first full year of income was 51% trading income and 49% grant income. We’d also like to thank our grant funders from last year who were Firstport, Glasgow Wellbeing Fund, School of Social Entrepreneurs and Social Investment Scotland. Income TypeIncome Amount (£)Trading Income47,876 (51%)Grant Income45,102 (49%)Total Income£92,978In terms of expenditure, the majority of our expenditure was on salary costs. This is part of our business model so we anticipate that this will continue in future years. We made a small loss this year, which will be covered by income already booked for the next financial year. Looking forward, we’ve been successful in achieving grant income for the next financial year, most significantly £10,000 from the People's Postcode Trust. Next year, we also have a strategic plan to grow our trading income, with an aspiration of it growing to be 60% of our total income. Over the last 12 months, we’ve strengthened our governance through appointment of a new board member with the skills and capacity our organisation required, they have knowledge and expertise of e-learning and digital marketing to support the development of our training programmes. Future PlansWe have put together an ambitious but realistic business plan for the next year, based on our previous figures and work already secured. We also have a detailed cash flow which was part of our application for Firstport funding. For the next year we are going to continue with the wellbeing work at a similar level to this year and in the next year we’re really going to focus on growing our income from diversity training through both online and live learning. We’re also going expand to develop work on LGBTQ+ Leadership as our community are asking for it.



Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

Ellis Beardsmore
Louise Irvine
Andrew Marks
Beatrice Thirkettle


The director shown below has held office during the period of
5 May 2023 to 30 November 2023

Kelsey Hoppe


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 August 2024

And signed on behalf of the board by:
Name: Ellis Beardsmore
Status: Director

PRIDE OUTSIDE C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2023

2023 18 months to 30 November 2022


£

£
Turnover: 47,876 22,485
Cost of sales: ( 70,610 ) ( 19,947 )
Gross profit(or loss): (22,734) 2,538
Administrative expenses: ( 25,973 ) ( 10,091 )
Other operating income: 45,102 9,269
Operating profit(or loss): (3,605) 1,716
Profit(or loss) before tax: (3,605) 1,716
Tax: 161 ( 161 )
Profit(or loss) for the financial year: (3,444) 1,555

PRIDE OUTSIDE C.I.C.

Balance sheet

As at 30 November 2023

Notes 2023 18 months to 30 November 2022


£

£
Fixed assets
Tangible assets: 3 1,812 870
Total fixed assets: 1,812 870
Current assets
Cash at bank and in hand: 12,368 1,960
Total current assets: 12,368 1,960
Creditors: amounts falling due within one year: 4 ( 4,995 ) ( 1,260 )
Net current assets (liabilities): 7,373 700
Total assets less current liabilities: 9,185 1,570
Accruals and deferred income: ( 11,574 ) ( 15 )
Total net assets (liabilities): (2,389) 1,555
Members' funds
Profit and loss account: (2,389) 1,555
Total members' funds: ( 2,389) 1,555

The notes form part of these financial statements

PRIDE OUTSIDE C.I.C.

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 5 August 2024
and signed on behalf of the board by:

Name: Ellis Beardsmore
Status: Director

The notes form part of these financial statements

PRIDE OUTSIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRIDE OUTSIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 18 months to 30 November 2022
    Average number of employees during the period 2 0

PRIDE OUTSIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 944 944
Additions 942 942
Disposals
Revaluations
Transfers
At 30 November 2023 1,886 1,886
Depreciation
At 1 December 2022 74 74
Charge for year
On disposals
Other adjustments
At 30 November 2023 74 74
Net book value
At 30 November 2023 1,812 1,812
At 30 November 2022 870 870

PRIDE OUTSIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 18 months to 30 November 2022
£ £
Taxation and social security 4,995 1,260
Total 4,995 1,260

PRIDE OUTSIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
Advance for cashflow
£
Balance at 30 November 2022 1,260
Advances or credits made: 339
Advances or credits repaid:
Balance at 30 November 2023 1,599

COMMUNITY INTEREST ANNUAL REPORT

PRIDE OUTSIDE C.I.C.

Company Number: SC660623 (Scotland)

Year Ending: 30 November 2023

Company activities and impact

Pride Outside CICAnnual Report from December 2022 - Nov 2023Overview This year was the first full 12 months of trading for Pride Outside CIC as there were only 6 months trading in the previous accounting period. We have had a successful year with our income growing by 292% from £31,754 to £92,978. In terms of social impact, we reached 549 with our paid for learning programmes and 1003 LGBTQ+ people with our free LGBTQ+ wellbeing programmes. To amplify our impact, we prioritised LGBTQ+ run businesses in our supplier chain with 86% of our budget being spent with 20 LGBTQ+ businesses, often sole traders and small businesses.Wellbeing Programmes In our LGBTQ+ Wellbeing programme, we delivered 34 wellbeing events reaching over 1003 people in Scotland, with 98% of participants reporting an improvement in their wellbeing. Our events are mainly outdoors in nature including our LGBTQ+ Wellbeing Woodlands Festival which reaches 500 people and includes a programme for 40 LGBTQ+ volunteers. Our work reached particularly marginalised parts of the LGBTQ+ community, with 42% of our participants identifying as having a disability, 33% as neurodivergent, 31% as trans or non binary and 30% as a person of colour. Learning ProgrammesIn our LGBTQ+ Training programme, we reached 81 organisations and 549 individuals with our training programmes to improve inclusion and diversity in workplaces and communities. This included in person and online workshops as well as longer term consultancy projects. We worked predominantly in Scotland, but also across 6 different countries with LGBTQ+ organisations on risk assessments and wellbeing. We also delivered LGBTQ+ wellbeing days for LGBTQ+ groups within organisations.Finance and GovernanceIn the last 12 months, we brought in a total of £92,978.This was a 292% increase on the previous year’s income and we are also proud that our first full year of income was 51% trading income and 49% grant income. We’d also like to thank our grant funders from last year who were Firstport, Glasgow Wellbeing Fund, School of Social Entrepreneurs and Social Investment Scotland. Income TypeIncome Amount (£)Trading Income47,876 (51%)Grant Income45,102 (49%)Total Income£92,978In terms of expenditure, the majority of our expenditure was on salary costs. This is part of our business model so we anticipate that this will continue in future years. We made a small loss this year, which will be covered by income already booked for the next financial year. Looking forward, we’ve been successful in achieving grant income for the next financial year, most significantly £10,000 from the People's Postcode Trust. Next year, we also have a strategic plan to grow our trading income, with an aspiration of it growing to be 60% of our total income. Over the last 12 months, we’ve strengthened our governance through appointment of a new board member with the skills and capacity our organisation required, they have knowledge and expertise of e-learning and digital marketing to support the development of our training programmes. Future PlansWe have put together an ambitious but realistic business plan for the next year, based on our previous figures and work already secured. We also have a detailed cash flow which was part of our application for Firstport funding. For the next year we are going to continue with the wellbeing work at a similar level to this year and in the next year we’re really going to focus on growing our income from diversity training through both online and live learning. We’re also going expand to develop work on LGBTQ+ Leadership as our community are asking for it.

Consultation with stakeholders

We regularly consult with our stakeholders. We get evaluations for all of our wellbeing events and below is a summary. We have taken on board feedback in making sure we’ve run trans specific events and also events for the refugee and asylum seeking population. We’ve also had feedback from participants that they’d like us to do more on LGBTQ+ leadership which will be doing in future years. Reflections on facilitation The facilitators at pride outside events are consistently welcoming, inclusive, warm and thorough in their approach. The effort that goes into planning the events is clear, and is a joy to be a part of.I really enjoyed the facilitation style - it lent it'self to making the group feel comfortable doing things outside of comfort zones. Not easy to create that sort of trusting space as a facilitator.I wasn't really sure what to expect. It was quite structured, which is great for me, and the facilitation was really good. The ice-breaker and plenary were super cute, I love that we all wrote something for another person in the group at the end.It was a very friendly and welcoming session and I think it was very well facilitated.

Directors' remuneration

The directors received £65,810 in remuneration for work carried out during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 August 2024

And signed on behalf of the board by:
Name: Ellis Beardsmore
Status: Director