Stonewall is in financial difficulty

Good. Insidious bunch of grifters.

The big institutions aren't giving anyone any money, except the occasional Pride march. And that is being massively downgraded as well

I doubt Surrey Pride has many sponsors queuing up. Large organisations would do well to research thoroughly before committing funds.

Transferring cash to another company and recording this transfer as a debtor wouldn't affect reserves. Reserves for charities show the cumulative income less cumulative expenses and a loan isn't an expense.

For a limited company Reserves show profits after tax less dividends paid so a loan would also not affect the Reserves.

Nope a charity can not transfer funds in to a trading wing or anywhere else other than an investment in the name of the charity, and would be visible in the accounts as charity accounts fall under SORP rules, unlike the private sector.

My limited trading company accounts for 24/25 will show a deficit because I moved money out of it and into a second/new “holding” company for a separate project/new business. Like Stonewall my reserves dropped markedly and the figures show a debt in the trading company (cancelled out when considered with the holding company accounts).

So my thought is that the deficit could be (in part) a movement of funds elsewhere to protect the money if they think they’re going under? Or if they’re starting a new offshoot?

im not accountant so I don’t know if the rules of Ltd companies are similar to linked charities….

Yes, I think next year's accounts for all of them will be very interesting...

One of the ones that gets a free pass too often is GIRES. They're older than Mermaids, just as batshit, just as unethically fond of the suicide lie, & like Mermaids, pressured the Tavistock GIDs to abandon medical ethics & competence in favour of TQ feelz. Despite their overall income plumetting from a high in 2023, they've managed to increase their income from govt contracts (for what? From which dept/s?) from just £450 in 2020 to £18.39k in 2024. In a sane world neither they nor Mermaids could have charitable status, far less govt work.

Global Butterflies & Gendered Intelligence [sic] picked up a fair few training [sic] & advice [sic] gigs where firms had cottoned onto the reputational harm of continued association with Stonewall but hadn't yet realised the extent & ubiquity of the TQ sector's lies.

Aww boo and hoo…

Click here for the actual accounts (a PDF file):

https://find-and-update.company-information.service.gov.uk/company/02412299/filing-history

Looks like they had 76 staff members, down from the year before (see page 37).

They also seem to be losing Trustees like flies.

Page 15 is interesting. They state that they are still a going concern. There is more talk of that in later parts of the accounts. They seem to think their position will strengthen in the next two years 🤔

I guess many funds are being pumped into TQ+ charities instead.

I don't think they are. The corporate teat has dried up. Anyway, what other TQ+ charities? There are a few small ones, but they're generally not actual charidees and are a bloke in his mum's basement with a laptop calling himself something like "International Trans Escape Action Network Council".

The Grift Law Project seem to be the only ones raising money, but they raise it from the poor delusional TRAs. The big institutions aren't giving anyone any money, except the occasional Pride march. And that is being massively downgraded as well.

Sad times 😥

Wow. That is really bad.

It's chilling how the top LGB charity has been destroyed - the legacy of Ruth Hunt. I guess many funds are being pumped into TQ+ charities instead.

That’s why is said ‘a drop in reserves alone’ because I didn’t know anything else or the number of employees. I know of another charity that has recently been told it needs to spend a few million because it’s holding on to too much money, presumably in relation to the reserves they are deemed to need.

Either way, I won’t be worrying about Stonewall being in trouble!

It's extraordinary to think that, a few short years ago, the large institutions and companies of this country were completely captured by Stonewall. The civil service, the NHS, the BBC, big banks, etc etc...

Well done to the wimmins who stood up to them and their ilk 👊

If only they hadn’t decided to actively lie when giving “advice”. The ones who made that decision deserve to be in prison.

They spent too much on rainbow flags. Dreadful shame 🤭

My qualified opinion of the accounts as a retired charity manager and various trustee roles is bla bla bla bla

they are in the shit as this report relates to March last year.

It's the unrestricted deficit which is the problem. The restricted reserves can only be used as specified by donors and not on general running costs.

So that's still a tiny amount of money, for a charidee of that size. Also, those are the accounts from the year before DOGE stopped their money...

I've just had a look at the unrestricted net assets. Cash and deposits of £142k and debtors of £503k so current assets of £645k vs liabilities of £872k

I've ignored the fixed assets of £113k as that is their website and I would imagine has very little actual value to anyone other than Stonewall

What? Good grief. How on earth do they justify having that many employees?!

Stonewall Faces Staff Cuts Amid US Foreign Aid Freeze - London Daily

Hurrah ! I’m delighted they won’t be able to destroy any more lives

The 91k reserves is the combined unrestricted and restricted reserves.

There's actually a deficit of £112k on their unrestricted reserves and a surplus of £204k for restricted reserves.

What the restricted reserves can be spent on depends on the conditions imposed by the donor so it may not be possible to use them for general running costs.

Im assuming the income from the stonewall champions scheme has dropped by a lot!