LGB ALLIANCE
To promote equality & diversity for the public benefit, in particular by: the elimination of discrimination on the grounds of sexual orientation; advancing education & raising awareness in equality & diversity in respect of lesbian, gay & bisexual people; conducting or commissioning research on equality & diversity issues and publishing the useful results to the public;
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £132,895 for the year ended 30 November 2024, increasing total reserves to £150,463. The trustees report that unrestricted reserves are maintained at a level equivalent to between three and six months of expenditure, which they consider sufficient to continue activities in the event of a significant drop in funding. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“It is the policy of the charitable company that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Regulator actions
decision: Decision of the Charity Commission on LGB Alliance.
In the news
- LGB Alliance seeks to reverse London Community Foundation funding decision
- LGB Alliance grant suspended after outcry
- London Community Foundation ‘suspends’ grant to LGB Alliance
Structured financials (annual return, FY ending 30/11/2024)
Trustees
- Beverley Ruth Jackson
- Daniel James Smith
- Dermot Kehoe
- Eileen Gallagher OBE
- Katharine Harris
- Lord Tony Young
- Professor Robert Wintemute
- Rhona Hotchkiss
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £383k | £370k |
| 30/11/2024 | £551k | £418k |
| 30/11/2023 | £246k | £352k |
| 30/11/2022 | £455k | £358k |
| 30/11/2021 | £118k | £127k |
Common questions
Is LGB ALLIANCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £132,895 for the year ended 30 November 2024, increasing total reserves to £150,463. The trustees report that unrestricted reserves are maintained at a level equivalent to between three and six months of expenditure, which they consider sufficient to continue activities in the event of a significant drop in funding. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.
Who funds LGB ALLIANCE?
Funders whose own accounts filings name LGB ALLIANCE as a grant recipient include CAREW POLE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CAREW POLE CHARITABLE TRUST | FY2023 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ACCESS TO JUSTICE FOUNDATION | 1 | £150k |
| JUSTICE COLLABORATIONS | 1 | £150k |
| TRUST FOR LONDON | 1 | £133k |
| ELRHA | 1 | £123k |
| JOHN ELLERMAN FOUNDATION | 1 | £90k |
| THE A B CHARITABLE TRUST | 1 | £66k |
| THE BARROW CADBURY TRUST | 1 | £50k |
| THE FUNDING NETWORK | 1 | £21k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LGB ALLIANCE | £383k | — | — | unclear | — | no doubt |
| HART GABLES | £139k | — | 0 | unclear | — | no doubt |
| READING PRIDE | £101k | — | 0 | unclear | — | no doubt |
| BOURNE FREE | £139k | — | 0 | unclear | — | no doubt |
| RAINBOW MIGRATION | £1.1m | — | 1 | above | — | no doubt |
| WARWICKSHIRE PRIDE | £118k | — | 0 | unclear | — | no doubt |