o o o MANCHESTER ANNUAL REVIEW AND ACCOUNTS 2020 *A4C4NIG8' 3010912021 COMPANIES HOUSE A39
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Contents 03 Chairs Statement 05 Chief Executives Statement 06 Reference and Administratlve Detalls 07 The Manchester Pride Charity 09 What we Deliver and its Public Benefit 11 Manchester Pride Festival Format 14 Legal Status and Governing Documents 15 Trustees 16 Organisational Structure 17 Our Employees 18 The Impact of COVID-19 on the Charlty 19 Digital Transformation at Manchester Pride 20 Alternative Manchester Pride Festival 22 Superbia 24 Youth Pride MCR Workshops 25 All Equals Charter 27 Manchester Prlde: Live in your Living Room 28 Community Engagement 29 Grant Giving 31 Financial Review <> 32 Risk Management 33 Statement of Trustees Responsibilities 34 Financial Statements 35 Independent Examinerfs Report 36 Consolldated Statement of Financlal Actlvltles +++++++++ 37 Consolidated and Charity Statement of Flnancial Position 38 Consolidated Statement of Cash Flows J ?N'ts.+"+++++ 39 Notes to the Financial Statements
03 Chair's Statement Dear Supporter To coin an overused phrase, 2020 was an unprecedented year. As we saw COVID-19 take its toll on families, communities and businesses across the U K, its impact was keenly felt on the charity sector. And, that impact was felt at Manchester Pride too. There can be no doubt COVIO has had a significant and material impact on the charity, slashing our income and leaving trustees to make some tough choices to ensure its long-term survival. The income generated from the Manchester Pride Festival is the main source of revenue for the charity. So, as a physical festival wasn't possible, the charity's income dropped by 85 per cent. That meant trustees were forced to make some diff icult decisions,. we spent all our f inancial reserves, had to make some employees redundant, remaining employees voluntarily took a pay cut and we put a temporary stop on any grant funding which hadn't already been committed. We also took out a loan from the government backed CBILS scheme. Trustees would particularly like to acknowled9e the support and work of the charity's stnall team of employees. It was with siqnif icant regret we had to make roles redundant. And, to the employees who stayed with us, we would like to thank you for your continued hard work and efforts in what we appreciated were challenging and unsettling movements. Diff icult choices didn't stop us thouqh-, we found new ways to deliver many of our charitable objectives. We repurposed our physical festival and turned it into a digital format. This allowed us to innovate and try some newthinqs which ovraudiences had been asking for. For example, we introduced a new programrne around activism into the Festival line-up. the Human Rights Forum. We also took time to renewthe organisation and how we work. We welcomed three new Trustees to the Board of the charity, bringing fresh expertise in charity governance and law to the organisation. Trustees also directed the organisation to launch a review of its grant making to ensure we continued to respond to the needs of our community. As we looked to continue delivering a public benef it under unusual circumstances, Trustees were heartened by the support of many community groups. supporters and backers. A particular thank you must go to the Festival's main sponsor, Virgin Atlantic, who stood by Manchester Pride even when their sectorland indeed company) faced signif icant headwinds. Despite 2020 being a diff icult year for Manchester Pride, Trustees are excited about the year ahead and the opportunity to work with all stakeholders to ensure the charity is even better in 2021 and beyond. We are working hard to learn the lessons from COVID and apply them to what we hope will be a physical festival in 2021. Trustees also acknowledge not everyone will have agreed with the tough decisions they have chosen to take. That's why. as we look forward to the year ahead and the hopef ul return of a physical festival, Trustees remain committed to hearing views from a broad a range of stakeholders as possible to help shape the future of the Festival. Thank you, Paul Wheeler
04 Why we continue to campaign for advancement of LGBTQ+ equality Yf°/, 41°/, of LGB To+ youth of LGB people reported experience rejection and they had been a victim of abuse in the home a crime of LGBTQ+ employees have hidden their authentic selves forfear of discrimination Why we continue to create opportunities and engage with LGBTQ+ communities IlO°/, f2°/, of people reported an increase in stress and pressure due to the economic impact of Covid-19 of LGBTQ+ people reported that their feelings of isolation had got worse during the pandemic of LGBTQ+ people stated that they had felt more lonely during the pandemic of GP appointments now involve mental health
05 Chief Executive's Statement 2020 brought unprecedented challenges to all as we faced a Global pandemic that brought the world to a halt. The Covid-19 pandemic had a signif icant impact on the whole charitable sector and, unfortunately. it has signif icantly impacted us too. As the country went into lockdown, we all stayed home to protect one another. Large gatherings and events were forced to cancel but the Manchester Pride team were committed to LGBTQ+ communities both in Greater Manchester and beyond, and our vision for a world where LGBTQ+ people are f ree to live and love without prejudice remains. The team were quick to adapt and delivered a year long programme of campaigns, initiatives and events to improve the lives of LGBlQ+ people while ensuring the survival of our organisation. We were devastated to have to postpone our world-class festival in 2020 due to the ongoing uncertainty of the pandemic. Our audience was equally devastated and we knew that we had a responsibility to LGB TO+ communities across the region to bring them together safely, and to improve mental health through reduced isolation. We curated a three day virtual celebration of LGBTQ+ life across Greater Manchester and beyond. The Alternative Manchester Pride Festival delivered a diverse range of content across a multitude of platforms to cater for the many LGBTQ+ communities who we support and represent. We quickly adapted Youth Pride MCR from monthly in person workshops. to bi-monthly online workshops. The workshops have been designed as spaces for young LGBTO+ people to connect and f ind community in the midst of lockdown. They also provide a safe space for young people to be their authentic selves. We recognised that LGBTQ+ artists and smaller, independent organisations were in desperate need of support to maintain their practice and in turn support their mental health. So we applied for Arts Council England Emerqency Funding so we could continue meeting some of our outlined Superbia objectives. but most importantly we could support the community of LGBTQ+ artists and organisations the project works with. The All Equals Charter was launched in March to help businesses and organisations to understand how to recognise and challenge any form of discrimination. Membership provides resources to allow organisations to work towards creating safe spaces for all LGB TO+ people and accreditation allows stakeholders to see how advanced an organisations approach to inclusion and equality. Mark Fletcher CEO Manchester Pride
06 Reference and Administrative Details The Trustees, who are also directors for the purpose of company law, have pleasure in presenting their report and the financial statements of the group for the year ended 31 December 2020. REGISTEREO CHARITY NAME THE TRUSTEES The Trustees who served the Sue Hutchinson FCCA Charity during the year to the Beever and Struthers date of signing the Trustees Chartered Accountants Annual Report were as follows: St George's House COMPANY REGISTRATIONNUMBER s Crocker 215-219 Chester Road 04671318 R Joshi Manchester M15 4JE B Scott R Malcomson P Wheeler K Richards M Unsworth V Empson S Bowen M Lawlor INDEPENOENT EXAMINER Manchester Pride Limited CHARITY REGISTRATION NUMBER 1117848 REGISTERED OFFICE Manchester One 53 Portland Street Manchester MI 3LF BANKERS National Westminster Bank PIC Spring Gardens Manchester M21FB SOLICITORS DLA Piper I St. Peter's Square Manchester M2 3DE SECRETARY B Scott CHIEF EXECUTIVE M Fletcher HEAO OF EVENTS M Lever HEAD OF ENGAGEMENT F Hemani
07 The Manchester Pride Charity Who we are Manchester Pride is a charity which creates platforms for LGBTQ+ visibility, helps to bring people together to celebrate LGB To+ life and campaigns for inclusion and equality across Greater Manchester. WE HAVE FOUR MAIN GOALS. DRAWN FROM OUR GOVERNING DOCUMENTS: To campaign for the advancement of LGBTQ+ equality at home and abroad. To stage an annual world class pride celebration of LGBTQ+ life in Greater Manchester. This involves educatinq and encouraging the people of Greater Manchester and beyond to recognise, understand and challenge discrimination against all LGBTQ+ people. This is called the Manchester Pride Festival which includes events like the Parade, Candlelit Vigil, Gay Village Party and MCR Pride Live. To raise awareness of. and support for, the mental health of LGBTQ+ people. To make packages of support. including grants. available for LGBTQ+ community groups, organisations, events and causes in Greater Manchester. This involves increasing the levels of social engagement and wellbeing by celebrating cultural activities for. by and with LGBTQ+ people in Greater Manchester and to work with organisations to improve the mental health of LGBTQ+ people.
08 How we operate Manchester Pride is a charity and, like many charities. we get our income f rom a variety of sources, including donations, some grants, and through the deliveryof Manchester Pride Festival. Manchester Pride receives no direct operational funding f rom Manchester City Council. Manchester Pride, similarly to many other charities, operates as a limited company. So, when you see reference to Manchester Pride Limited, that means the charity. The delivery of the Manchester Pride Festival is one of our most important charitable objectives.. it is a celebration of LGBTQ+ life in Greater Manchester and exists to campaign for greater LGB TO+ equality both at home and abroad. It is also our biggest source of income which supports us to deliver all of our other charitable objectives. It is common for charities to have trading companies which generate income (its how many of the charity shops you see on the high street operate). In the case of Manchester Pride, our trading company doesn't run shops, it runs a four-day festival celebrating LGBTQ+ life. In the case of Manchester Pride Ithe charity and limited company). we have a subsidiary trading company too and that's called Manchester Pride Events Ltd. It is a not-for-prof it company. This company is registered with Companies House, is f ully audited and is what is called a'wholly- owned subsidiary.. That means any surplus generated by the company is given directly to the charity which owns it and no other entity prof its from its work. Manchester Pride Events Ltd organises the Manchester Pride Festival for the charity. All staff work for the charity to deliver its charitable goals. LOVE IS A HUMAN RIGHT t2RTrK ficr LOV ESA LOIJE IS, I RIGIII I ISAYIAM S ISAY IAM I SAYI
09 What we Deliver and its Public Benef it There are many ways Manchester Pride as a charity delivers a public benefit and its charitable objectives. The most visible and famous one is the delivery of the Manchester Pride Festival. The Nanchester Pride Festival is a four-day programme of events across August Bank Holiday which provide a very visible way for LGB TQ+ people to be out and proud in Manchester. The Manchester Pride Festival and Manchester Pride charity are one and the same. The Manchester Pride Festival is delivered for the charity by its wholly owned and not-for-prof it subsidiary company, Manchester Pride Events Ltd. The Manchester Pride Festival is the principal way by which Manchester Pride as a charity can deliver its charitable goals, as an organisation designed to help celebrate LGB TQ+ life and campaign for inclusion and equality across the city-region. THE FESTIVAL HAS SEVERAL ELEMENTS: MANCHESTER MANCHESTER THE SUPERBIA THE CANDLELIT PRIDE PARADE PRIDE LIVE WEEKEPID VIGIL talfing place on Saturday, this is a fflarch across Manchester city centre which acts as a rallying cry for celebration and activism. a two day music taking place away festival held outside. f rom the Gay Village, but close to, this is a series of Manchester's Gay queer cultural events, Village which seeks to cinema screenings, provide a platform for workshops and talks. queer artists and allies. the special event designed to take a momentto come together and rememberthose who are LGBTO+ who are no longer with us, especially those we HUMAN RIGHTS have lost to HIVIAIDS. FORUM GAY VILLAGE PARTY YOUTH PRIDE MCR panel talks bringing together prominent activists and thought- leaders to discuss the challenges that continue to face LGBTQ+ communities today, aiid wlidL we as individuals can do to bring about political or social change. FAMILY PRIDE a series of activities and event in and around the Gay Village in Manchester City centre with afocus nn lnr.al and LGBTQ+ artists programming. this is a special pride event held in the city centre designed for, and with the input of, young people. a dedicated programme of activities centred around f un, wellness and learning for Idlliilies ro en]oy.
10 Whether your view of pride is a protest or a celebration lor both), the Manchester Pride Festival provides numerous ways people can get involved. It also provides a platform for the community to be able to f undraise for good causes. Some other benefits that you might not be aware of: Its the only UK pride festival to have a dedicated festival for young people (Youth Pride MCR). We create opportunities for LG8TQ+ people and allies to gain skills. Each yearwe train more than 250 volunteers who support us during the festival. We provide a platform for LGBTO+ artistsfrom Greater Manchestergiving them access to a large audience andthe oxygen of publicity. We pay all artists and also commission specific projects and initiatives that support our charity goals. We procure services and supplies from LGBTQ+owned businessesacross the city-region. 'butiion
11 Manchester Pride Festival Format Since 2018, the publicationladoption of Portland Street Strategic Regeneration Framework by Manchester City Council meant that is was no longer viable to deliver the whole Manchester Pride Festival in the Gay Village alone. The Framework envisaged significant development on sites historically used to deliver the Festival, and so landowners removed the previous guarantees granted to the charity to access. in particular, the car park which housed the festival s main stage. The board of trustees, acting on advice from key stakeholders, ideas from the staff team and following feedback from Festival attendees. took the decision to grow the event. It is now a truly city-wide celebration of LGBTQ+ life, while still centred on the Gay Village which remains the heart of the LGBTO+ community in Greater Manchester. Each year, we invest time in surveying and listening to our audiences to understand what kind of experience they'd like to see at the Manchester Pride Festival. While we can't promise to deliver on everyone's needs, we seek to curate a broad and inclusive programme of events and activities ranging f rom fee paying to f ree to attend. PAOV Our Manchester Pride Festival attendees come to the event for many different reasons and they have a choice about how they attend the Festival and what they pay for. They can choose to attend MCR Pride Live allowing those in our community who particularly value a shared live music event experience to do so. They can choose to attend the Gay Village Party only or they can choose to attend the many free events overthe weekend including unique LGBTQ+ artworks through the Superbia Weekend. Youth Pride MCR, Family Pride MCR and usually the Manchester Pride Parade. Importantly. all are welcome to attend the Candlelit Vigil which is a vitally important moment to remp.mhp.r I PBTQ+ people who are no longer with u", particularlythose we've lost to HIVIAI DS. By attracting larger named artists to our event stage - something our attendees tell us consistently they want- MCR Pride Live signif icantly subsidises the cost of delivering a safe and accessible Gay Village Party and pays for the many f ree to attend events including Youth Pride MCR, the Candlelit Vigil, Family Pride MCR. the Superbia Weekend and usually the Manchester Pride Parade.
12 The idea of cross-subsidy The Manchester Pride Festival has grown and developed signif icantly over time, ref lecting the lived experiences of LGBTQ+ people in Manchester. The demand from people to attend the Festival f rom across the city, domestically in the UK and internationally has also grown substantially. We are theretore keen to ensure the Manchester Pride Festival programme meets and exceeds, where possible. the expectations of those who chose to attend, as well as to curate a series of events which ref lect Manchester's position as a diverse. vibrant and progressive international city. At the same time, trustees want to ensure the programme is as accessible as possible to people regardless of their ability to pay. In order for the Charity to be able to do this, the principle of cross-subsidy kicks in. By that we mean. the reason we can deliver such a broad programme of events, many of which are free, is that other parts of the programme pay for them. There's a reason we can organise Youth Pride MCR forfree, run a series of free to attend Superbia events. provide subsidised tickets for those on low incomes and keep the price of a daily ticket to the Gay Village Party as low as £12 and that's because we deliver Manchester Pride Live. Manchester Pride Live generates more money than it costs to put on, and that money is then used to subsidise the other elements of the programme.
13 MCR PRIDE LIVE FAMILY PRIDE MCR Superbla RTrEE EVEW "IEE THE CANDLELIT VIGIL MCR IIEE GAY VILLAGE PARTY Surplus funds generated from the festival are made available to grassroots organisations and LGBTO+ charities via our grants programme.
14 Legal Status and Governing Documents Manchester Pride is a company limited by guarantee, charity registration number1117848 and company number 04671318. The Charity is governed by the rnemorandum of articles of association forthe incorporated company as last amended on 19 December 2006. The directors of the charitable company are its trustees for the purpose of charity law and through this report are collectively referred to as the trustees. The governing documents instruct the trustees to act in a wayto promote the objectives of the Charity. ryi
15 Trustees Manchester Pride has worked hard to ref lect the diversity of its community on its trustee board. Thanks to a concerted recruitment effort, we are privileged to have trustees from different backgrounds. genders. ethnicities. sexual orientations. gender identities and political persuasions. Since 2015, trustees normally serve for a three-year term with the option to have that term renewed once. Trustees are recruited through an open selection process, with the roles being open to anyone and advertised widely. Given the extraordinary set of circumstances facing the organisation and to ensure continuity, trustees asked both the Chair and Treasurer not to retire from the Board as planned and extended their term by a year. In 2020, following an open recruitment process. the Board was pleased to appoint three new trustees: Mi¢k Lawlor. a partner at a Manchester lawfirm and formercharitytrustee Victoria Empson. a barrister at 18 St John Street Chambers in Manchester Stephen Bowden. an academlc and tormer charity CEO The trustees receive no pay or monetary benef its nor do they have any f inancial links to the charity or any vested interests in its operations including Manchester Pride Events Ltd. In the unlikely event that any conf licts of interest arise, trustees declare these annually and ad hoc. I,
16 Organisational Structure The Annual General Meeting of the Charity appolnts new trustees and Honorary Off icers. appoints the auditors and considers and adopts the annual report and financial statements tor the preceding year's activities. The Board of Trustees is ultimately responsible for the running of the Charity. Following a governance review in 2019, the Board has the following structure of sub-committees: Performance and governance committee- it overseesthe proper governance of the charity, along with the Chair it helps to line manage the CEO and it ensures the charity delivers against its strategic goals finance and risk committee- f inancial oversight and managing the charity s risk register Fundraising and grants committee- oversees the charitys grant giving activities At the heart of Manchester Pride is the Manchester Pride Festival. The delivery of a successful festival remains the main income source for the charity, without which it could not meet its charitable goals and objectives. The trustees employ a full-time Chief Executive Off icerlCEOI as the charity, and the f inancial and operational risk associated with the delivery of its festival are too great for volunteer trustees to manage on a day-to-day basis. Trustees delegate operational delivery of the Charity to the CEO. tè
17 Our Employees Headed by the Charity's CEO. the team at Manchester Pride has operational responsibility to deliver the Charity s objectives and ensure it provides a public benelit. Staff ing levels are agreed by the CEO and trustees based on a three-year plan and f inancial projections. In any given financial year, we have a small team of full-time employees. That team then expands as expert temporary staff are brought onboard to help with the delivery of Manchester Pride Festival. On an annual basis all employees are appraised, and they also receive regular training and coaching in support of their roles. Employee pay and benefits The trustees of Manchester Pride set the pay and reward policy for staff, including the CEO. In doing so, we seek to meet our obligations as a charity with the desire to be a great place to work which attracts and retains talented, passionate people who want to make a difference. The remuneration of staff is benchmarked against salaries paid by other charities and follows guidance f rom the National Council for Voluntary Organisations INCVOI. In addition. as our team land our CEO in particularl is charged with overseeing a complex not-for-prof it organisation, we benchmark their salaries against the market rate wed have to pay for these types of specialist skills.
18 The Impact of COVID-19 on the Charity The Covid-19 pandemic had a significant impact on the whole charitable sector and. unfortunately, it has signif icantly impacted us too. and cannot be used for other than to sustain the organisation's operations. Additionallyi it cannot be used to f und other charities or organisations. This f unding safeguards our charity if we were to face another year without the Manchester Pride Festival. The Charity's main source of income comes from the Manchester Pride Festival and is delivered by our not-for-prof it trading company, the Manchester Pride Events Ltd. As a physical festival wasn't possible in 2020, our turnover dropped by 85 /. between 2019 and 2020. We also applied for and received a Coronavirus Business Interruption Loan Scheme ICBILSI loan, which were preferential rate commercial loans given out bythe government. We took this loan to cover our commercial income In the 2020 f inanci21 year, trustees took several gaps in the short term but as a commitment to diff icult decisions to ensure the long-term protecting our f uture charitable irllpacts in the future of the Charity, our ability to deliver a longer-term. public benef it and to maintain our existence is a going concern. These steps included: Postponing a physical Manchester Pride Festival in 2020 Using all of our f inancial reserves Making signif icant redundancies Our employees also volunteered to take a temporary pay cut. Once the government introduced the CBILS schemewe placed some of our staff on furlough. We were also incredibly thankful to retain the support of our sponsors and commercial partners who provide a valuable source of income for the Charity to enable it to deliver its charitable objectives The impact on our charitable obje¢tives One of the most signif icant ways the Charity delivers a public benefit and its charitable objectives is through the delivery of the Manchester Pride Festival. The Charity also sought to access various schemes set up by the government to support organisations during the pandemic. We received moneyfrom The Culture Recovery Fund. This is a government grant supplied As this was not possible in the 2020 financial through Arts Council England to sustain year, trusteesand staff team re-planned the cultural organisations and charities which Charity's activities and found new creative ways had éxperienced signif icant losses due to the to deliver its public benef it bLJt in a way which Covid-19 pandemic. The parameters of how was COVID-19 secure, appropriate and compliant the grant is spent and used are strictly def ined with all necessary government guidelines.
19 Digital Transformation at Manchester Pride In 2020. like many other charitles, we had to rethink the way we delivered our projects to ensure we could continue to provide visibility. support and representation for all LGBTQ+ communities through incredibly challenging times. Manchester Pride quickly and dynamically adapted to not only change all of its planned delivery to digital but also created brand new initiatives to enable LGBTQ+ people to come together (virtually) to celebrate themselves and thelr communities. Following the success of 2019's inaugural Manchester Pride Conference, for the second edition in March 2020, plans had been made to produce a live event at The Lowrywith break- out sessions and activity around the theatre but the event was cancelled due tothe pandemir. Having had to cancel the in-person event, the team took to producing as much recorded content as possible and within two weeks. we were able to deliver an online Conference with pre- recorded sessions placed on our YouTube channel. We brought together LGBTQ+ thought-leaders and activists to raise awareness of LGBTQ+ issues and continue ourcampaign for LGBfo+ equality. We wanted to make sure the conversation was still continuing and LGBTO+ voices were being amplif led and listened to. MANCHESTER CI people registered to attend the in-person Conference Conference panels included-. Gender Inclusivity BAME & LGBTO+ Stop Bi-erasure LGBTQ+ Health & Wellness Equality, Diversity and Inclusion in the workplace Panelists and speakers included., Cheddar Gorgeous Travis Alabanza Sharan Dhaliwal Kate O'Donnell Darren Pritchard Jsky Ben Hunt8 Jarnie Windust Sabah Choudrey Amrou Al-kadhi additional people registered for the online Conference views on the conference videos
20 Alternative Manchester Pride Festival Bringing communities together to reduce social isolation durinq the global pandemic and national lockdowns. Raising the voices of people in our communities at a time when small businesses. artists and performers experience hardship as a result of lockdown and social distancing. MANCHESTER E _ Viewed by114.000 people 12 hourlive streams Over 80 LGBTO+ artists. collectlves. groups and speakers took part in the celebration 123m impacts through 722 pieces of media coverage secured telling the story of LGBTQ+ pride Branded Twitter emoji hashtag for the festival reaching 3.sm making LGBTQ+ prlde visible on social media Award winnlng Manchester Pride Parade: The Movie- Watched by over 40.000 people PLAYVIDEO I.
21 Alternatlve MCR Pride Live In light of the Covid-19 pandemic and subsequent restrictions placed on social event activity in the UK. we were unable to deliver a programme of physical events. We took this opportunity to innovate and develop an alternative festival programme for 2020 and curated a three day virtual celebration of LGBTQ+ life for Greater Manchester and beyond. The Alternative Manchester Pride Festival delivered a diverse range of f ree to access events and content across multiple platforms to cater forthe many LGBTQ+ communities that we support and represent. Free to attend MANCHESTER E - 12 hour live stream - 26 pertormances Over 60.000 views Brand new event for 2020 Quotes from those who attended: Thonkyouso much fordorng thl$- we need more eonversotions like thisl WINLxGg] High prof ile panel guests: Munroe Berqdorf - Juno Dawson We needto challenge thoughtsand structures. fve reollyloved this webinar. Its been amts2ing. This hos been so beoutiful to be port of ondoctivelylrsten to su¢h incredible ond inspiring people. Ben Hunte Hosted by Journalist, editor and founder of Gaysians Reeta Lol Dfftll(G OLDEE sroRv ruNE PLAY VIDEO brinqing 14.900 people togetheronlineto watch, reflect and remember 4 Stories 891 viewers
22 At the end of 2079, we decided on key obje¢tlves for the Superbia project based on the agreed scope of planned activity in 2020 which included; The relaunch of Superbia GM Boroughs to focus on: Stockport, Wigan and Rochdale Mediums to include." Theatre, Performance. Literature, Dance Target groups to include: Over55s, Trans and Non-binary. young creatives, LGBTQ+ people seeking refuge and migrants At the beginning of 2020, we were also awarded the GMCA Culture Portfolio Fund to support the growth and development of the project as we looked to increase resources and broaden the project's delivery. Then the pandemic hit and all in-person activity, shows and exhibitions were halted and we closed the administration of Superbia grants-. the landscape of arts and culture in Greater Manchester had changed. GMCA kindly allowed the f irst 6 months of f uriding to be used to prop up the Drganisation through the Covid-19 crisis. WÈ recoijnised that LGBTQ+ artists and smaller. independent organisations were in need of desperate support to maintain their practice and in turn support their mental health. Nanchester Pride applied for Arts Council England Emergency Funding so we could continue meeting some of our outlined Superbia objectives. but most importantly we could support the community of LGBTQ+ artists and organisations the project works with. We were awarded the f unding in May 2020. We were able to support16 LGBTQ+ artists and collectives in Greater Manchester with commissions so they could continue to work. develop their creative practices and survive during the pandemic. Our Superbia team continued to provide hands on. holistic mentorship and support in not just their work but also with supporting their mental health during these diff icult times. I n addition to this, we ran a Superbia Spotlight series which championed a different LGB TQ+ artist, collective or independent organisation every week, continuing to provide a platform, much needed visibility and representation for notjust LGBTO+ artists but for LGBTO+ people too. Superbla
23 Whilst all mypersonal projects were postponed the Superbia gront gave me a boost of energy and something to pour my creative thoughts into. Having a commission also gave structure as I had something concrete to work towards. I felt like I was given a lot of freedom from the Superbio team to develop my ideos and execute them how I wanted to. It allowed me to research an idea I have been thinking about fora while, one that Iplan to expand further on in a norrative short.- Sophie Broadgate JOURNEY •¥1 The commission motivoted me to produce new work after a long period of feeling creatively stifled as a result of the pondemic. Support offered by Manchester Pride in generating ideas and shaping my piece helped enormously in producing work I wos proud to have seen. Ethan Foxon Superbia gove us support and commissioned us to make new work during o pandemic where we were only allowed out of the house for exercise. The Superbia team connected us to the communities most isoloted by this pandemic and supported us in telling this story with those communities.- Al and Al ILAK
24 Youth Pride MCR Workshops To build on the success of Youth Pride MCR in 2019. we developed a year-round engagement offer to create safe spaces and provide an opportunity to build a community for LGBTQ+ young people. We had originally planned monthly in-person workshops but quickly adapted when the pandemic hit to deliver bi-monthly online workshops. The workshops have been designed as spacesforyoung LGBTQ+ people to connect and f ind community while exploring their identity in the midst of lockdown. It was felt that monthly online workshops during lockdown wouldn't be enough forthe young people who engage with Youth Pride MCR so the addition of another session a month was created to give them more touchpoints. The workshops help to reduce social isolation while providing a safe space for young people to be their authentic selves. Prodo Observatlons from Youth Pride MCR Facllitator Jana Kennedy: C seemed really uninterested ot the beginnin9 but kept coming to oll the online sessions. Slowly came out of their shell to show a reallycaring side for their fellow group members. Occasionally they con still come ocross os totolly unbothered, but then they share real insights into their life. They Can't be openly goy in theiroreo or school and that there is no provision foryoung LGB TQIA+ people where they live loutside central Monchester). Theyore reolly keen for the group to carry on either ond oronline. ond in person. M is ayoung trons person who hod not come out at school or in theirarea (outside central Monchester) for feor of retribution. You couldsee theirsurprise and joy ot the eosy acceptonce of the group ond the correct gendering. They hove commented severol times how important the group hos quickly become to them, os on outlet forbeing their authentic self. ond meeting other LGB TQIA+ young people. They contribute ideos ond are really starting to blooml Its been an amazing experience and hos made me come out of my shell a lotl Alex ond Jona (Youth Pride MCR facilitators) hove given me lots of confidence to be who I wont to be ond not be ashamed of participants felt that the workshops made them feel completely less isolated during lockdown of participants also felt that the workshops had improved their confidence and self-acceptance
25 All Equals Charter The All Equals Charter was launched in March to help businesses and organisations to understand how to recognise and challenge any form of discrirninatio and inequality faced by LGBTQ+ people, and acts as a gulde to help achieve a truly diverse. inclusive and equal workplace. EQUALS¢NAfftTtst2 We want to create a consistent approach to inclusion across the board so that all LGBTQ+ people have equal opportunities and safe workplaces so that they are able to reach their full potential and thrive. Membership provides resources to allow organisations to work towards creating safe spaces for all LGB TQ+ people and accreditation shows stakeholders how advanced an organisation's approach to inclusion and equality is. In addition to this, we ran a Superbia Spotlight series which championed a different LGB TQ+ artist, collective or independent organisation every week. continuing to provide a platform, much needed visibility and representation for not just LGBTQ+ artists but for LGB TQ+ people too. During beta testing we were able to reach over 20,000 employees with our Charter Helen Robinson- Diversity. Inclusion and Community Engagement Manager, Auto Trader UK: ForAuto Troder, Diversityand Inclusion is a key businesspriorityand a core port of our workploce culture. We hove proudlypartnered with Monchester Pride forover4 years ond took part in the All Equals Chorter from the initial consultation process all the woy to the launch. It is important to collaborate with the charityond otherorganisations across Greatermanchester for the benefit of our colleagues. ourcustomers ond ourcommunities. The principles of the Charterare aligned with ourcompany volues and the aims of our D81 strategy. The process is mode cleor from the stort with a step bystep guide andsupport from the team ot MonchesterPride. It wos porticulorty helpful to hove on externol ouditorvisitouroffices so theycan experience our environment. Theydiscussed ourself-assessment ond conducted a more detailed audit in o challengingyet colloborotive way. The experience hos odded volue to our existing LGBT+ Inclusion strotegy," helping us both reflect os well os offering procticol tips. We encouroge otherorgonisotions to take port in MonchesterPrides AIIEquols Charterondjoin the numberof dedicoted business to LGBT+ inclusion in ourregion.
26 Dr Chris Folkerd- Director of Enterprise Technologies. UKFast: UKFost signed up to the All Equals Charterassessment because we wonted to open ourselves up to external scrutinyond objective assessment thot ourpolicies ond culture were as inclusive os possible. We wonted to progress our approach based on suggested improvements and get the opportunity to learn from best practise. We wont to ensure that, os the business grows, we continue to creote on environment thot is inclusive to ottroct, retoin ond nurture tolent from every background. The charter gives us assurance that we are maintaining a fully inclusive workploce. We want people to view our environment os occepting ond welcoming to anyone frorn any background. We're underpinning the messoge that we volue each and every employee os unique and that their voice as on individuol is listened to. Significant detail is required to demonstrote evidence of ourpolicies and culture, ond it was a voluuble exercise forus to cross check ourcurrent operotion versus industry best pr¢ictice. The outcome was o range of suggested actions ond sign posting to newpolicies, os well as better data collection oround possible discriminotion os well os more appropriate wording within ourstaff surveys. Recommendations from the ch¢7rternow form the springboard to lounch a new working group within UKFost. This group will drive the recommendations forwordos port of ourcontinued evolving approach to inclusion for the benefit of everyone. Stuart McKenna- Equality & Diverslty Manager. Manchester Metropolltan Unlversity: Having undertaken numerous self-assessments, for a variety of Chorter morks, the All Equals Charter self-ossessment was very straightforward. The assessment criteria were direct and easy to understand, and the team at Monchester Pride were alwoys on hond to clarity if we had onyquestions. We sow porticulor volue in the All Equals chorteros it hos been developed for use across Greater Manchester, having taken account of the locol context. The intersectional approach of the charter was also something we were attracted by.. much of the EDI work we ore olreody engaged with is intersectionol in its noture, and the approach used by the Charter development team mirrored our inclusive approoch. Having engaged with similar Charters. the AIIEquals Charter helped us by providing o difference perspective, and although considered sector leading in LGB TO equality, provided some challenges to further develop our work in this oreo. Therefore, whatever stage you own orgonisotion is it in relotion to LGB T equolity, whetherjust storting yourjourney, ordeveloping sectorleoding proctice, the Charterdefinitely offers something for all organisotions. We ore looking forword to the launch of the charter, and completing our first full self-assessment ogoinst its criteria, ond hope other orgonisotions in the region willjoin us.
27 Manchester Pride: Live in your Living Room We launched our brand new Manchester Pride: Live in Your Living Room serles in April 2020 during the national lockdown to ensure LGBTO+ people could celebrate themselves, connect with other LGBTO+ people during isolation, support their mental health and provide a platform. visibility and representation for LGBTQ+ artists and creatives across Greater Manchester who had lost a significant amount of work due to the impacts of the pandemic. We delivered eight weekly shows including the best of Pride performances f rom previous festivals. brand new conter)t such as the ManchesterQueens Show. Queer Womxns Takeover, Manchester Prlde Pop Party and Manchester Prfde Vogue Ba All ready for week 3 of
relivemanchesterpride
28 Community Engagement Due to the pandemlc, we also had to adapt and re-strateglse our engagement output in 2020. This meant moving all pre-planned physical workshops and listening groups on to an online platform and utilising our online networks to reach LGBTQ+ communities. groups and organisations. We continued to connect with communities during the early stages of the national lockdown and found digital engagement to be high. We developed a Listening Groups project to create safe spaces forfurther marginalised LGBTQ+ communities to share their experiences of LGBTQ+ life across Greatèr Manchester, to give their thoughts on how Manchester Pride could develop its support year-round and how the organisation could better represent these communities through its community work. year-round activities and its flagship event, the Manchester Pride Festival. We held eight listening groups through the year which included- - Access Listening Group on13 February 2020 lin-person) - Oueer Artists Listening Group on l May 2020 - Trans Listening Group on 23 May 2020 -Womxns Listening Group on5June 2020 - Bi+ Listenlng Group on 8 September 2020 - BAME Listening Group on 23 Septernber 2020 - Non-binary Listening Group on 8 October 2020 - 55+ Listening Group on 4 November 2020 We also launched our Community Spotlight Series where we highlighted a different LGBTQ+ community group or organisation across Greater Manchester to provide a platform for them to talk about the impacts of the pandemic, how theywere adapting and how people can get involved and access support.
29 Grant Giving One of the charitable objectives of Manchester Pride is to make funding and support available to LGBTO+ causes in and across Greater Manchester. The money the Charity gives to good causes comes from two places: l. Money given as a direct donation to the Manchester Pride Community Fund When people give us a direct donation - i.e. a donation of money they've raised or money put in a donation box- that money is always redistributed in full to our charity partners and to our grassroots community groups through our grant distribution programme. It does not go to cover the running costs of the charity or the Manchester Pride Festival. I Surplus generated by the Charity On top of the money donated to the Charity, and as part of its annual budget process, trustees agree to allocate a portion of the Charity's income direct to its grant making programme. This portion will be agreed once the Charity has met its obligation to employees and suppliers and appropriate money has been allocated to reserves in line with the Charity's reserve policy and Charity Commission best practice. Grants awarded in 2020 The 2020 financial year was a challenging one for the Charity has it was not possible to deliver a physical Manchester Pride Festival. which acts as the main source of income for the Charity. Any direct donations made to the Charity were distributed to good causes in line with our policy. However. on top of this, trustees were incredibly keen to support LGBTQ+ causes across the city-region where it was possible and where the granting of that money did not run counter to the legal and f iduciary obligations of the trustees to ensure the Charity remained a going concern. Strategic review of grant giving Ouring the 2020 f inancial year. trustees directed the CEO to continue with a strategic review of grant giving that was commenced in 2019. This was for two reasons- To er)sure our policies and approaches were in line with best practice and to help trustees understand if the areas we were focussing our giving in were in line with the desires of our audience le.g. people who attend the Festival or make direct donations to the charity), as understood f rom our annual 8iirvpys and listening exercises. 2. Historically. 25°A of Manchester Pride's surplus has gone to the LGB T Foundation to support the Condom and Lube Scheme and 25/. to the George House Trust Welfare Fund. However, this policy has not been reviewed in more than a decade and no written agreements existed between the organisations which is not in accordance with charitable best practice. In the 2020 financial year, Manchester Pride distributed over £lOO,000 in grants and f unding for third party initiatives supporting LGBTQ+ life and culture throughout Greater Manchester
30 Additionally, in 2020 Manchester Pride carried out our annual survey and listening exercise. A combination of stakeholder surveys and community engagement told us overwhelmingly that the majority of our audience would like us to continue to distribute money and support to good causes, but to focus our grant funding on mental health and wellbeing initiatives. Trustees acknowledge the pandemic has had wide-ranging and profound effects on the lives of LGBTQ+ people in areas such as mental health, isolation, eating disorders, substance misuse. access to healthcare and access to support. Trustees will consider what f urther implications this review could have in terms of our long- term giving choices for the 2021 f inancial year and beyond. While trustees recognise this review could lead to changes in terms of what initiatives it could fund through its grant giving, the Board is f ully committed to supporting LGB TQ+ initiatives across the city-region, many of which are delivered by our outstanding LGB TQ+ charities like the LGBT Foundation and George House Trust. Likewise. the ability for the Charity to support community and grassroots groups will remain a top priority. ND
31 Financial Review Manchester Prlde Is a charlty and has no shareholders. All income generated by the charity is retained by the charity to help it deliver its charitable objectives. It generates its income from a variety of sources including direct donations and some grants. However, the main source of income to enable us to deliver our charitable objectives comes from its not-for-prof it trading company. Manchester Pride Events Ltd, which organises the Manchester Pride Festival. As a physical festival wasn't possible in 2020. our turnover dropped by 85 /. between 2019 and 2020. Trustees took steps to ensure the Charity's ability to continue to deliver its charitable objectives and a public benef it. Financial control Budgets are presented and approved at the beginning of the f inancial year and monitored throughout the year. Reportinq requirements Management accounts are reviewed monthly bythe trustees. along with statements on cash and reports on income generation and expenditure against budget. Staff and other management issues are regularly received by the Board. So far as is possible and in line with best practice, the Board focuses on the strategic direction of the organisation and its governar)ce. In this context, f rom time to time the trustees and senior managers meet for longer periods for business planning purposes. Reserves Policy At the year end the charity held a def icit in total reserves of £95.24612019= £279,792 surplus) of which £40,51712019= £17,417) are held in restricted f unds. The balance held in unrestricted reserves was a deficit of £135.76312019: £262.3751. The Covid-19 pandemic has severely impacted the charity's reserves and its ability to support its charitable objectives. The charity has developed a medium-term plan to rebuild the reserves to a pre-pandemic level which would support the charity's aim to hold reserves to cover three months of budgeted operational expenditure which equates to £102.500. Banlf facility funding ICBILS Loan) was agreed during the year in order to ensure that the charity has enough operational cash to continue in the future.
32 Risk Management The trustees acknowledge their continuing responsibility for identifying the major risks faced by the Charity, keeping those risks under review and taking appropriate steps to manage those risks. The Charity maintains a risk register. with a list of mitigating controls. This is reviewed regularly by the Board of Trustees. As per the risk register, the principal risks and uncertainties facing Manchester Pride, and subsequent mitigating procedures are: Risk and impact Succession planning considered . All systems and procedures are documented Training opportunities in place for continued professional development . Agreed notice periods and handovers Established skills-based staff recruitment process in place The Board considers that adequate controls are in place. Loss of key staff: experience or skills lost operational impact on key projects and priorities . loss of contact base and corporate knowledge . Monitoring and assessment of performance and quality of service . Reviewing market and methods of service delivery - Agreeing fund-raising strategy Ensuring regular contact with f unders Monitoring public awareness and prof ile of charity The Board considers that adequate controls are in place. Competition from similar oryanisations: loss of contract income reduced fund-raising potential reduced public prof ile prof itability of trading activities Health, safety and environmentlevent attendees) product or service liability abilityto operate injury to benef iciaries and the public terrorist attack - Compliance with law and regulation Training staff and compliance off icer Monitoring and reporting procedures in place The Board considers that adequate controls are in place.
33 Statement of Trustees Responsibilities The Board of Trustees. who are directors for the purposes of company law, and trustees for the purposes of charity law. who served during the period and up to the date of this report are set out on page 5. The trustees are responsible for preparing the Trustees Report and the financial statements in accordance wlth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each f inancial year which give a true and fair view of the state of the affairs of the charitable company and the group and of the incoming resources and application of resources, including income and expenditure of the charitable group for that period. In preparing these f inancial statements, the trustees are required to: • select suitable accounting policies and then apply them consistently". observe the methods and principles in the Charities SORP., make judgments and accounting estimates that are reasonable and prudent". state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in thefinancial statements: prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the f inancial position of the charitable company and the group and to enable it to ensure that the f inancial statements comply with the Companies Act 2006. It is also responsible for safeguarding the assets of the charitable company and the group and hence taking reasonable steps for the prevention and detection of f raud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company s website. Legislation in the United Kingdom governing the preparation and dissemination of f inancial statements may differ f rom legislation on other jurisdictions. br. C*IBI¢FIAIFI_ Signed on behalf of the trustees R Malcomson
34 Manchester Pride Limited Consolidated Financial Statements for the Year Ended 31 December 2020
35 Independent Examiner s Report to the Trustees of Manchester Pride I report on the accounts of the company for the year ended 310ecember 2020 which are set out on pages 36 lo 54. Respective responsibilities of trustees and examiner The trustees Iwho are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisf led myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section145 of the 2011 Act.. follow the procedures laid down in the general Directions given by the Charity Commission under section 145(SXbl of the 2011 Act- and state whether particular matters have come to my attention. Basis of independent examinerfs report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning anysuch matters. The proceduresundertaken do not provideall the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention- which gives me reasonable cause to believe that, in any material respect, the requirements- to keep accounting records in accordance with section 386 of the Companies Act 2006., and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice. Accounting and Reporting by Charities have not been met". or 2. to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounrs to be reached. Sue Hutchinson, FCCA Beever and Struthers Chartered Accountants St George's House 215-219 Chester Road Manchester M15 4JE 2ql4 Izi
36 Consolidated Statement of Financial Activities (Incorporating the Income and Expenditure Accountl Year Ended 31 December 2020 Unrestricted Funds Restricted Funds Total Funds 2020 Total Funds 2019 Note Income: Donations and legacies Income from charitable activities 9,566 9,566 114,319 128,821 23,100 151,921 111,204 Other trading activities 6n 559,377 559,377 3,709,531 Total incoming resources 697,763 23,100 720,863 3,935,054 Expenditure: Expenditure on charitable activities: 11.095,9011 11.095.901) 13,918,281) Total resources expended 11,095,901) 11,095,901) 13,918,281) Net loutgoing) l incom- ing resources for the period Match Funding Transfer Total funds brought forward 10 1398,7381 23,100 1375,0381 16,773 262,375 17.417 279,792 263,019 Tutdl fuiidb carried forward 1135,7631 40,517 195.2461 279.792
37 Consolidated and Charity Statement of Financial Posltlon 31 December 2020 Group Charity rixed assets Note 2020 £ 2019 £ 2020 £ 2019 £ Tangible assets 12 2.982 4,940 2,982 4,940 Debtors 13 198,477 204.070 220,866 391,566 Cash at bank and in hand 189.336 178,332 119.725 39,114 387,813 382,402 340,591 430,680 Creditors: Amounts Falling due Within One Year 14 1211,865) 1107.5491 1164,6431 1155,827) Net current assets 175,948 274,852 175,948 274,853 Total assets less current assets 178.930 279,792 178,930 279,792 Creditors: Amounts Falling due Within One Year 14 1274.1761 1274.1761 1155.8271 Net (Ilabllitles)lassets 195.2461 279,792 195,2461 279.792 Funds Restricted income funds 17 40.517 17.417 40.517 17,417 Unrestricted Income funds 18 1135,7631 262.375 1135,7631 262,375 Total funds 195,2461 279.792 195,2461 279,792 These f inancial statements were approved by the For the year ending 31 December 2020 the company was Trustees and authorised for issue on 29 September entitled to exemption from audit under section 477 of 2021 diid dre signed on their behalf by- the Companies Act 2006 relating to JTrmoll companies. Pwheeler R Malcomson . Trustee Trustee Directors'responsibilities= . The members have not required the comparny to obiain an audit of its accounts for the year in question in accordance with section 476.. The direciors acknowledrje their responsibilities for complying with the Tequirernents of the Act with respect to a¢¢ountino records and the preparation of accounts. Company Registration Number.. 04671318
38 Cashf lows 31 December 2020 2020 £ 2019 £ Cash flows from net Incomlngl (outgoing) resources tor the period 1375,0381 16,773 Adjustment$ tor: Depreelatlon of tanglble assets 1,958 1.705 Changes In: Trade and other debtors 5,593 1123,7311 Trade and other ¢reditors 79,390 38,365 1288,0971 166,8871 Cash flows from f Inanclng activities Cash Inflows from new borrowlngs 299,101 299,101 Cash flows from investing activities Pur¢ha$e of tanglble flxed assets 13,6711 13,6711 Net Increase In cash and cash equivalents 11,004 170,5581 Cash and cash equlvalents at beglnnlng of year 178,332 248.890 Cash and ¢ash equlvalent$ at end of year 189.336 178,332
39 Notes to the Financial Statements Year Ended 31 December 2020 l. Accounting Policies Basis of Accounting The f inancial statements have been prepared under the historical cost convention, as modif led by investments measured at market value. The financial statements have been prepared in accordance with the requirements of Accounting and Reporting by 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 IFRS1021 (effective l January 20191- (Charities SORP IFRS10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 and the Companies Act 2006. In common with many organisations our size and nature we use an independent examinerto assist with the preparation of the f inancial statements. Basis of Consolidation The Statement of Financial Activities ISOFAI and balance sheet consolidate the f inancial statements of the Charity and its wholly owned subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. A separate Statement of Financial Activities and income and expenditure account for the Charity has not been presented because the Charity has taken advantage of the exemption afforded by section 408 of the Companies Act 2006. Covid-19 and Going Concern The COVID-19 Pandemic impacted the charitys ability to deliver its charitable activities and reserves in 2020. The Charity has taken measures to remain a going concern. These include receiving a Coronavirus Business Interruption Loan ICBILI, receiving funding f rom the Culture Recovery Fund, utilising reserves, staff redundancies. reducing expenditure and enhanced budget oversight. The Charity has a medium term f inancial plan to f urther diversify income streams, respond f lexibly to the ongoing pandemic and rebuild reserves over a three year basis. The plan assumed that the Manchester Pride Festival would go ahead in 2021, which it did. The Board therefore believes that there is no material uncertainty in relation to going concern. Incoming Resources All incoming resources are included in the Statement of Financial Activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income- Donations are received by way of grants, donations and gifts and are included in f ull in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specif ic performance by the Charity. are recognised when the Charity becomes unconditionally entitled to the grant.
40 Donated services and facilities are included at the value to the Charity where this can be quantif led. The value of services provided by volunteers has not been included in these accounts. Investment income is recognised on a receivable basis. Incoming resources f rom grants. where related to performance and specific deliverables, are accounted for as the Charity earns the right to consideration by its performance. Grants Grants payable are payments made to third parties in f urtherance of the charitable objects of the Charity. Grants are accounted for when either the recipient h8s a reasonable expectation that they will receive a grant and the Trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching the grant is outside of the control of the Charity. Provisions for grants are made when the intention to make the grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable. The Charitys grant giving policy is continually reviewed and includes consultations with key f undraising partneis and donors. Ouring the 2020 f inancial year, trustees directed the CEO to continue with a strategic review of grant giving that was commenced in 2019. This was for two reasons.. to ensure our policies and approaches were in line with best practice and to help trustees understand if the areas we were focussing our giving in were in line with the desires of our audience le.g. people who attend the Festival or make direct donations to the charity), as understood f rom our annual surveys and listening exercises A list of all organisations that receive funding f rom Manchester Pride is available at manchesterpride.cornlcommunitylgrant-giving. Additional support in terms of awareness is provided by Manchester Pride to those organisations through press and marketing activity throughout the year. Fund Accounting Unrestricted f unds are available for use at the discretion of the Trustees in f urtherance of the general objectives of the Charity. Restricted f unds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
41 Expendlture on Charitable Activities Expenditure is recognised on an accrual basis when a liability is incurred. Expenditure includes Value Added Tax which cannot be fully recovered. and is included as part of the expenditure to which it relates.. Charitable activities relate to donations payable to charities and organisations particularly, but not exclusively, in Greater Manchester and Lancashire. The Charity allocates a portion of the costs of running the festival and other events to charitable activities as the festival is not just about fundraising but also about fulf illing the objectives of the Charity by acting as a signposting organisation for services dealing with sexual health, homophobia, transphobia, social activities and HIV awareness and care services. The organisation also delivers campaigns that support equality and challenge discrimination, such as heritage. learning, health and one-off initiatives. Expenditure is apportioned line by line considering each activity and what objectives it is there to support. The Charity initially identif ies the costs of its support f unctions. It then identifies those costs which relate to the governance function. Having identif led its governance costs, the remaining support costs together with the governance costs are apportioned between the four key charitable activities undertaken Isee note 91 in the period. Pensl¢)n Costs The company operates a defined contribution pension scherne for employees. The assets of the scheme are held separately f rom those of the company. The annual contributions payable are charged to the statement of f inancial activities. Taxation The Company is a registered Charity and by virtue of its trading activities being in fulf ilment of the objects of the Charity. the Charity is exempt f rom corporation tax on all charitable activities. Flxed Assets All f ixed assets are initially recorded at cost. Assets purchased with a value of £1,000 or greater have been capitalised and included as f ixed asset additions. Depreciation Uepreciation is calculated so as to write off the cost of an asset, less its estimated residual value. over the usef ul economic life of that asset as follows.. Equipment - 25 /0 Straight line Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
42 Cash at bankand in hand Cash at bank antj cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Credltors and provlslons Creditors and provisions are recognised where the Charity has a present obligation resulting f rom a past event that will probably result in the transfer of f unds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing tor any trade discounts due. Financial Instrurnents The Charity only has f inancial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic f inancial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
43 2. Legal status of the Charity Manchester Pride Limited is a company limited by guarantee. Every member undertakes to contribute to the assets of the Charity in the event of it being wound up while they are a member. or within one yearafterthey cease to be a member and of the costs, charges and expense of winding up, and for the adjustment of the rights of the contributories among themselves. such amounts as may be required. not exceeding £1 per member. 3. Financial perforniance of the Charity The consolidated statement of f inancial activities includes the results of the Charity's wholly owned subsidiary which co-ordinates an annual festival by and for lesbian, gay. bisexual and transgender people, working towards the involvement of different sectors of the community, and raising funds for related organisations and charities. The summary f inancial performance of the Charity alone is: 2020 £ 20Tr£ Income 268.236 1659,5271 896.748 11.240,3061 Expenditure on charitable activities Net expenditure 1391,2911 1343,557} Gift Aid from subsidiary eompany 16,254 360,330 1375,0381 279.792 16,773 263.019 Total funds brought forward Total funds carried forward 195,2461 279,792 Represented by: Restricted income funds Unrestricted income funds 40,517 1135,763) 17,417 262,375 195,2461 21Y,'192 Qf the £268,236 income in 2020, £245.13612019: 830,7481 is unrestricted income and £23,100 12019.. £66,000) restricted income. Of the £659,527 expenditure in 2020, £659.52712019: £1.191,2791 is unrestricted expenditure and £Nil12019: £49.0271 is restricted.
44 continued 4. Donationsand legacies- Group Unrestricted Funds Restricted Funds Total Funds 2020 Total Funds 2019 Donatlons 9,566 9.566 114,319 Donatlons 9,566 9,566 114,319 £114,319 received in 2019 was unrestricted income. 5. Donations and legaeles- Group Unrestricted Funds Restricted Funds Total Funds 2020 Total Funds 2019 Grants 37,310 23,100 60,410 111,204 Covld-19 grants 91.511 91,511 128,821 23,100 151,921 111,204 Of the £111,204 received in 2019, £66,000 related to restricted income and £45,204 related to unrestricted income. 6. Other Tradlng Actlvltles- Group Unrestrleted Funds Restrlcted Funds Total Funds 2020 Total Funds 2019 Income from fund ralslng events 6,726 In-kind sponsorshlp106.750 106,750 634,500 . Income f rom tradlng subsldlary 452,627 452,627 3,038.305 559.377 559.377 3,709,531 £3.709.531 received in 2019 was unrestricted income.
45 7. Income by activity- Group Campalgn Celebrate Engage Fundraise Total 2020 Total 2019 Donations 9,566 9,566 114,319 Fundraising events In-klnd sponsorshlp Grants 36.726 26.688 26.688 26.688 26.688 106,752 634,500 12.082 12.082 36.246 60,410 111,204 Sponsorship Covld-1g grants Manchester Pride Festival 538,810 22,878 22.878 22,878 22,878 91,511 2,499,495 61,647 61,647 85.811 59.131 268.236 3,935,054 Of the £268,236 received in 202012019- £3.935,0541. £245.136 was unrestricted f unds 12019: £3,869,0541and £23,100 was restricted funds12019.. £66,000)
46 8. Expenditure on Charitable Activitles- Group Campalgn Celebrate Engage Fundraise Total 2020 Total 2019 Artist fees and expenses 10.720 2,680 13,400 585,70 Marketlng and PR 14,520 14,520 14,520 14,520 58,080 153,690 Events & engagement Box office expenses 122,125 20,354 61,064 203,544 1,472,463 58 61 2,892 Sundry Bad debt 37,846 37,846 37,846 37.846 151.384 75,780 32,648 In-kind advertlslng Oepreclatlon Irrecoverable VAT 10.675 64.050 10.675 21.350 106.750 834,500 1.958 1,958 1,705 15,349 15,349 247,106 Grants distrlbuted 91,240 91,240 122,425 Insurance 4.367 Governance costs (note9) 750 750 750 750 3,000 7.700 Support costs Inote 9) 112,784 112.784 112.784 112.784 451.136 577,301 Total 176.575 362.853 288.169 268.303 1,095,901 3,918,281 Of the £1,095.901 expenditure in 202012019- £3.918.2811. £1.095.901 was charged to unrestricted f unds12019: £3.859,7811 and £Nil was restricted funds12019= £49.0271. Included in note 7&8 the In-kind sponsorship in 2020 consisted of marketing and media £106,750 12019.. £631,,5001. The Sundry costs increased within the year as they now include overheads which were previously accounted for by the trading subsidiary. The largest increase is attributed to the incorporation of off ice and storage costs.
47 9. Analysls of Governanee and Support Costs- Group The Charity initially identif ies the costs of its support f unctions. It then identif ies those costs which relate to the governance tunction. Having identified its governance costs, the remaining support costs together with the governance costs are apportioned between the four key objects undertaken (see note 81 in the period. Refer to the table below for the basis for apportionment and the analysis of support and governance costs. General Support GOvernae Function Total Basis of Appointment Salaries and wages Personnel 416,411 416,411 Allocated on time 25,155 25,155 Allocated on time Accountancy services Legal and professional services 3,000 3.000 Governance 9,570 9.570 Govèrnance Total 451,136 3.000 454.136 10. Net Incoming Resources tor the Period- Group This is stated after charying: 2020 É 2019 £ Statf pension contributions 22,823 12,178 Depreciation 1,958 1,705 Audltors'fees: Audit 5,700 Accountancy services 3,000 2,000 Taxation services 1,725 1,725
48 11. Analysls of Staff Costs. Trustee Remuneration and Expenses, and the Cost of Key Management Personnel Total staff costs were as follows-. Group Charity 2020 £ 2019 £ 2020 £ 2019 £ Wages and salaries Soclal security costs 29.787 Other pension Costs 22,823 363,801 239,906 181,900 119,953 23,009 14,894 11,505 12,178 11,683 6,089 Total 416,411 275,093 208,4TI 137,547 The Trustees were not paid or received any other benefits from employment with the group or its subsidiary in the period12019: £Nill neither were they reimbursed expenses during the period 12019.. £Nill. As we entered the f inancial year the charity implemented our planned growth and expansion of the staff team to achieve our goals. This resulted in increased wages and salaries as we employed 5 additional employees. Unfortunately, despite our best efforts we had to make cuts which then resulted in the loss of 3 valuable team fflembers within the year. Staff Numbers= The average number of employees during the period, calculated on the basis of f ull-time equivalents, was as follows Group Charity 2020 2020 2019 Management and events staff As we entered the f inancial year the charity implemented our planned growth and expansion of the staff team to achieve our goals. This resulted in increased wages and salaries as we employed 5 additional employees. Unfortunately. despite our best efforts we had to make cuts which then resulted in the loss of 3 valuable team members within the year.
49 The number of staff whose remuneration exceeded £60,000 was: Group Charity 2020 2019 2020 2079 £90.001- £100,000 The CEO volunteered to take a salary cut during the f inancial year which will be displayed in the yle 2021 accounts. Key Management Personnel Key management personnel consists of Trustees. The Chief Executive, The Head of Events and The Head of Engagement. The total amount of employee benefits (including employer pension contributions and employer national insurance contributions) received by key management personnel for their services to the charity was £194.59212019: £180.4671.
50 12. Tanglble Flxed Assets- Group and Charlty Cost Off ice Equipment £ At l January 2020 11,770 Additions At 31 December2020 11,770 Depreciation At l January2020 6.831 Charge for the year 1.958 At 31 December 2020 8,788 Net book value At31 December 2020 2.982 At 31 December 2019 4.940 13. Debtors Group Charity 2020 É 2019 £ 2020 £ 2019 £ Trade debtors 195,144 157.858 15,000 Amounts owed by group undertakings Prepayments Other debtors 205,866 360,330 3.333 38,594 23,618 7,618 7.618 Total 198.477 204.070 220.866 391.566
51 14. Creditors Group Charity 2019 £ 2020 £ 2019 £ 2020 £ Trade creditors 83.774 31,662 81,332 38,463 Amounts owed to group undertaking Accruals and deferred income 73,651 10,500 55,735 10,500 23.560 Other taxation and social security Coronavirus Buslness Intemiption Loan Scheme 92,666 20,153 47,886 20,153 24.925 24,925 Total 211,865 107,549 164,643 155,827 Included within deferred income is £7.50012019= £Nill of 2021 GMCA Advisory Panel income, £Nil12019.. £16,899) of Manchester Pride Festival 2021's12019.. 2020.sl ticket sales and £Nil12019.. £3,645) of Spring Benef it 2021's12019-. 2020's) ticket sales. Amounts falling due within more than one year Group Charity 2019 £ 2020 £ 2019 £ 2020 £ Coronavirus Business Intemiption Loan Scheme 274,176 274,176 15. Deferred income Group £ Charity £ Opening balance as at l January 2020 35.455 15,560 Amounts released during the year 135,455) 115.5601 Amounts deferred during the year 7.500 7,500 Closing balance as at 31 December 2020 7,500 7.500
52 16. Pensions The Group contributes to def ined contribution schemes on behalf of its employees. The assets of these schemes are entirely separate to those of the Group. The pension cost shown represents contributions payable by the Group on behalf of the employees and it has no other liability to these schemes. At the balance sheet date contributions totalling £Nil12019: £Nillwere outstanding. 17. Related party transactions- Group Trustees are appointed to the Board primarily for the skills, experience and knowledge that they bring to the organisation. However. it is also important the Board includes individuals that are immersed in Manchester's LGBT community and in the culture of the city as a whole. For that reason, the Board of trustees will invariably include individuals that hold other directorships, trvsteeships or ownership interests with companies, organisations and charities that have links to Manchester Pride. No trustee is involved in making board decisions that relate to their own interests. There were no transactions with related parties this yearl TraceyW8lsh is a proprietor of New York New York, and a former board member. The following transactions were made in the period: New York New York sold tickets to a value of £Nil12019= £14,700) and paid the proceeds to Manchester Pride. New York New York paid £Ni112019: £1.5001to Manchester Pride. No payments were made by Manchester Pride to Newyork New York and aff iliated for the current and previous periods of account. Nick Curtis is the owner of Eagle Bar. which incorporates Richmond Tearooms, Lock Keepers Cottages and the Lodge and a former board member. The following transactions were made from the business to Manchester Pride: Eagle Bar paid £Nil12019: £3,000) to Manchester Pride. No payments were made by Manchester Pride to Eagle Barand affiliated venues for the ctjrrent and previous periods of account. I n kind support has been valued at the reduced commercial rate that the Charity would have to pay, if it had to buy the services.
53 18. Restricted Income Funds- Group and Charlty Restricted fund balances at 31 Oecember 2020 are represented by". Balance at l January 2020 Ineomlng Resources Outgolng Resources Match Funding Transfer Balance at 31 December 2020 Arts Council England Manchester City Councll 23.100 23,100 GMCA 17,414 17,414 Total 17.417 23.100 40,517 Comparative information in respect of the preceding period is as follows- Balance at Incoming l January Resources 2019 Outgoing Resources Match Funding Transfer Balance at 31 December 2019 Arts Councll England Manchester Clty Council 24,000 124,4431 443 12,000 111,9971 GMCA 30,000 {12,5871 17,414 Total 66.000 {49,027) 443 17,417
54 19. Unrestricted Income Funds- Group Balance at Incoming l January Resources 2020 Outgolng Resources Match Funding Transfer Balance at 31 December 2020 General Funds 262.375 697,763 11.095.901) 1135.7631 Unrestricted Income Funds- Charity Balance at l January 2020 Incoming Resources Outgoing Resources Match Funding Transfer Balance at 31 December 2020 General Funds 262,375 245.136 1659,5271 1152,0161 20. Analysis of Group Net Assets Between Funds Fund balances at 31 December 2020 are represented by.. Tangible fixed assets Net current assètslliabilities Investments Total Restrlcted Income funds 2.982 1138.7451 1135.7631 Unrestrlcted Income funds 40.517 40,517 Total Funds 2,982 198,2281 195,2461 Comparative information in respect of the preceding period is as follows.. Tangible f Ixed assets Net Current assets Investments Total Restricted income funds 4.940 257.435 262.375 Unrestricted income funds 17,417 17,417 Total Funds 4.940 274,852 279.792
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