## ## ## ## |Head Office and Registered|Address|We Love Manchester|Emergency|Fund||| |---|---|---|---|---|---|---| |||PO Box532||||| |||MANCHESTER||||| |||M60 2LA||||| |Trustees ofthe Charity||Mrs Edith Conn OBE||(appointed|August 2017)|(Chair from September 2018)| |||Ms Carol Culley||(appointed|May 2017)|| |||Ms Joanne Roney OBE||(appointed|May 2017)|| |Company Secretary||Ms Jacqui Dennis||||| |Bankers||Barclays Bank||||| |||51Mosley Street, Manchester||||| |||M32 3HQ||||| ## ## ## ## |For the Period Ending 31Octob|er 2020||| |---|---|---|---| ||||Unrestricted| ||||funds| |||Note|2019-20| |Income|||| |Donations
and legaaes|||8,593| |Grant Income|||0| |Ro alties|||16,711| |Total Income|||25,304| |Expenditure:|||| |Raising funds|||0| |Charitable
activities|||0| |Other|||0| |Governance
costs|||0| |Operating
Expenses|||2,880| |Insurance|||6,776| |Miscellaneous
Expenses|||0| |Support Groups|||0| |Professional
Fees|||0| |Total Ex endlture|||9,656| |Net Income and net movement|in funds for the period||15,648| |Net movement
in Funds|||15,648| |Reconciliation
of Funds||1113|| |Total funds brought
forward|||43,354| |Net movement
in Funds|||15,648| |Total funds carried forward|||59,002| |||||31-Oct-20| |---|---|---|---|---| ||||Note|| |Current assets||||| |Debtors||||16,711| |Cash at bank and in|hand - Barclays Account 1|||42,021| |Cash at bank and in|hand - Barcla|s Account 2||270| |Total Current Assets||||59,002| |Liabilities:||||| |Creditors
Amounts|falling due within one year|||| |Provisions for liabilities and charges||||| |Net current assets||||59,002| |Net assets||||59,002| |The funds ofthe charity||||| |Unrestncted
funds||||59,002| |Total charity funds||||59,002| ## |r th|e Penod Endin
31October 2020|||||||||| |---|---|---|---|---|---|---|---|---|---|---| |1|Accountmg
Po(laes|||||||||| ||Basis ofPreparation|||||||||| ||This is the Fund's first set offlnanaal
statements
The fmanclal
statements
have been|prepared||||||||| ||in accordance
with Accounting
and Reporting
by Charities
Statement of Recommended||Practice|||||||| ||apphcable to chanties
preparing
their financial statements
in accordance with the Finanmal|||||||||| ||Reporting
Standard
applicable
In the UK and Republic ofireland
(FRS102)(effectwe 1January 2015)-|||||||||| ||(Chanties
SORP (FRS102)),the Finanaal
Reporting
Standard
apphcable
in the UK and Repubhc of|||||||||| ||Ireland
(FRS102)and the Companies
Act 2006and the Chanties
Act 2011|||||||||| ||The We Love Manchester
Emergency
Fund constitutes
a public benefit entity as defined||by FRS102|||||||| ||The accounts have been prepared
ln Pounds 6 Sterling|||||||||| ||Going Concern|||||||||| ||The trustees consider that there are no material
uncertainties
about the Charity's
abihty||to|||||||| ||continue
as a going concern|||||||||| ||Critical accountmg judgements
and estimation
uncertaInty|||||||||| ||In preparing
these financial statements,
trustees
have made Judgements,
estimates
and assumptions|||||||||| ||that affect the application
ofthe chanties accounting
pohaes and the reported assets,|llablhties,|||mcome|||||| ||and expenditure
and the disclosures
made
in the finanaal
statements
Estimates and Judgements|||||are||||| ||continually
evaluated
and are based on histoncal experience and other factors, including||expectations|||||||| ||offuture events that are believed to be reasonable
under the circumstances|||||||||| ||Accounting
Period|||||||||| ||The third set ofRnancial statements
Is prepared
from 1November 2019to 31October|2020 The||||23|May||2017|| ||is the date the fund was created
The Charity was then subsequently
registered
with the||Chanties|||||||| ||Commission
on 2June 2017|||||||||| ||Income|||||||||| ||Income, Including
grants, donations
and legaaes from institutions,
corporates, trusts and|||||||||| ||individuals
is included
in the Statement of fmanclal
activities
when the chanty
is entitled||to|the|income,|||||| ||where the amount
can be measured
with reasonable
rehablllty
and receipt Is probable|||||||||| ||Goods, facilities and services donated
for the chanties
use, where the benefit
Is|||||||||| ||quantifiable
and the goods or services would
have had to be purchased,
are recognised|||||||||| ||in the financial statements
under Donations
and Legaaes as Income (gifts in kind) when|||||||||| ||received and expenditure
when distributed,
at a reasonable
estimate oftheir value
In the|||||||||| ||pened
In which they are received|||||||||| ||Grant mcorne
Is recognised
In the Statement
offinancial activities
in the year In which|this becomes||||||||| ||receivable
and when any conditions for receipt have been met|||||||||| ||Donated goods and services|||||||||| ||Where the chanty receives donations
ofgoods and services
in kind and where there
is|a|measurable||||value|||| ||to the chanty which can be ascertained
with reliability
they are Included
in both income and|||expenditure|||||In|the| ||Statement offlnanaal
activities|||||||||| ||Expenditure|||||||||| ||All expenditure
Is accounted for on an accruals basis and has been classified
under headings|||||||||| ||that aggregate
all costs related to the category|||||||||| ||Charitable
Activities - Expenditure
on charitable
activities includes
all costs incurred
by|the||||||||| ||chanty
in undertakmg
activities that further
its charitable
aims|||||||||| ||Support Costs - These costs include general management
and accounting
Support costs||not|attnbutable||||to||a| ||single actwity have been allocated
on a basis consistent
with Identified cost drivers forthat cost||||category|||||| ||such as on-line giving fees, professional
charges, operatmg
expenses,
Insurance
and accounting||||and|||||| ||administration
expenditure|||||||||| ||Governance
Costs - these costs are associated
with the running ofthe Charity,
as|||||||||| ||opposed to the direct management
functions
inherent
In generating
funds, seMce|||||||||| ||dehvery
and programme
or pro)act work
These include such items as external
audit,|||||||||| ||legal advice for trustees
and costs assoaated
with constitutional
and statutory|||||||||| ||requirements|||||||||| ||Grants payable - Grants are recognised
in the Statement offinancial actwities when they||have been|||||||| ||approved
by the Trustees and notified to the beneficlanes|||||||||| ||Prepayments|||||||||| ||Prepayinents
are valued at the amount
prepaid net ofany trade discounts
due|||||||||| ||Debtors|||||||||| ||Trade and other debtors are Initially recognised at transaction
pnce and subsequently|ad)usted,|||where|||||| ||necessary, for bad and doubtful
debts|||||||||| ||Cash and cash equivalents|||||||||| ||Cash and cash equwalents
comprise cash at bank and on hand|||||||||| ||Creditors and provisions|||||||||| ||Creditors
and provisions
are recognised
where the chanty has a present obligation
resulting|||from||a past||event||| ||that will probably
result
In the transfer offunds to a third party and the amount
due to settle the|||||obhgatlon||||can| ||be measured
or estimated
reliably
Creditors and provisions
are normally
recognised
at their settlement|||||||amount||| ||after agowlng for any trade discounts
due|||||||||| ||Funds|||||||||| ||Unrestricted
funds are available for use at the discretion ofthe trustees
in furtherance|ofthe general|||||chantable|||| ||obiectives
The charity does not have any restncted
funds|||||||||| ## ## ||||||||||Unrestricted|Unrestricted|Unrestricted|Restncted|Total|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Funds|||Funds||| ||||||||||2019-20|||2019-20|2019-20|| ||||||||||||E|E|f|| |Donations
and legacies||||||||||||||| |Voluntary
Income|||||||||||0||0|| |Grant Income|||||||||||0||0|| |Donated Services|||||||||8,593||||8,593|| |Royalties|||||||||16,711||||16,711|| |Total Income|||||||||25|304|||25,304|| |Donated serwces|are included|||in both income||and expenditure|||in the|Statement of||||| |financia( actiwties|Donated serwces and support||||||represent|the fair value||||||| |ofservices provided||by|or paid|for by|Manchester||City Council||and include||grant processing,|||| |administrative
services,|||management||serwces,|professional,||accounting||and||other operating||| |costs||||||||||||||| |Analysis ofExpenditure||||||||||||||| ||||||||||Raising|||Chantable|Other|Total| ||||||||||Funds|||Activities|Costs|| |||||||||||||||2019-20| |Expenditure||||||||||||||| |Payment ofGrants||||||||||||||| |Other Costs||||||||||||||| |~srt c
ts||||||||||||||| |Operating
Expenses||||||||||||2,880|0|2,880| |Insurance|||||||||||||6,776|6,776| |Miscellaneous
Expenses|||||||||||||0|0| |Support Groups|||||||||||||0|| |Professional
Fees|||||||||||||0|| |Accountancy
&Administration|||||||||||||0|| |Total Expenditure||||||||||||2,880|6,776|9,656| |Expenditure
on chantable
activities|||||||||Grants|||Governance|Support|2019-20| |||||||||||||Costs|Costs|| |Grants to Indiwduals|||||||||||f|E|E|| |Bereaved and Physical|||In)ury|||||||||||| |Psychological
inlury||||||||||||||| |Hardship
Grant||||||||||||||| |Other||||||||||||||| |Grants to Institutions||||||||||||||| |Manchester
Institute||of Health||Ik Performance||(MIHP)||||||||| ||| |---|---| |Analysis ofnet assets between funds|General| ||Fundf| |Debtors|16,711| |Creditors|0| |Cash at Bank|42,290| ||59,001|