2021-10-31-accounts

Head Office and Registered	Address	We Love Manchester	Emergency	Fund
		PO Box532
		MANCHESTER
		M60 2LA
Trustees ofthe Chanty		Mrs Edith Conn OBE		(appointed	August 2017)	(Chair from September 2018)
		Ms Carol Culley		(appointed	May 2017)
		Ms Joanne Roney OBE		(appointed	May 2017)
Bankers		Barclays Bank
		51Mosley Street, Manchester
		M32 3HQ

			Unrestricted
			funds
		Note	2020-21
Income
Donations and legacies			0
Grant Income			0
Royalties			40,505
Total Income			40,505
Expenditure:
Raising funds			0
Chantable activities			0
Other			0
Governance costs			38
Operating Expenses			0
Insurance			5,600
Miscellaneous Expenses			0
Support Groups			0
Professional Fees			0
Total Expenditure			5,638
Net Income and net movement	in funds for the period		34,867
Net movement in Funds			34,867
Reconciliation of Funds		10,11
Total funds brought forward			59,002
Net movement in Funds			34,867
Total funds carried forward			93,869

				31-Oct-21
			Note
Current assets
Debtors				57,217
Cash at bank and in	hand	—Barclays Account 1		36,382
Cash at bank and in	hand	—Barclays Account 2		270
Total Current Assets				93,869
Liabilities:
Creditors Amounts	falling	due within one year
Provisions for liabilities and charges
Net current assets				93,869
Net assets				93,869
The funds ofthe charity
Unrestncted funds			10	93,869
Total charity funds				93,869

th	e Period Endm 31October 2021
1	Accounting Pohaes
	BasIs ofPreparation
	The financial statements have been prepared in accordance with Accounting and Reporting					by Chanties
	Statement of Recommended Practice
	This ls apphcable to chanties prepanng their financial statements in accordance with			the	FInancial
	Reporting Standard apphcable m the UK and Republic of Ireland (FRS102)(effectwe		1January 2015)-
	(Chantles SORP (FRS102)),the Financial Reporting Standard apphcable in the UK and			Republic of
	Ireland (FRS102)and the Companies Act 2006 and the Chanties Act 2011
	The We Love Manchester Emergency Fund constitutes a public benefit entity as defined				by FRS			102
	The accounts have been prepared in Pounds ESterhng
	Going Concern
	The Chanty trustees made the decision to no longer accept donations and to close the chanty at								a	meeting			in July 2020
	The only transactions, for this accounting penod, are for Song Royalties, insurance	and bank charges
	Any remaining funds ofthe chanty are being transferred to the Manchester Memonal			Fund
	Cwtical accounting judgements and estimation uncertamty
	In prepanng these financial statements, trustees have made Judgements, estimates		and assumptions
	that affect the apphcation ofthe chanties accounting pohcies and the reported assets, liabdities,								income
	and expenditure and the disclosures made in the financial statements Estimates and			Judgements						are
	continually evaluated and are based on historical expenence and other factors, including				expectations
	offuture events that are believed to be reasonable under the circumstances
	Accounting Period
	The fourth set offinancial statements is prepared from 1November 2020to 31October				2021		The 23 May						2017
	ls the date the fund was created The Charity was then subsequently registered with			the	Charities
	Commission on 2June 2017
	Income
	Income, lncludmg grants, donations and legacies from mstitutlons, corporates, trusts			and
	individuals is included ln the Statement of financial activities when the chanty Is entitled				to	the		income,
	where the amount can be measured with reasonable reliabihty and receipt is probable
	Goods, facilities and services donated for the charities 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 dlstnbuted, at a reasonable estimate of their value	ln		the
	penod In which they are received
	Grant income ls recogmsed in the Statement offinancial activities in the year in which			this becomes
	recervable and when any conditions for receipt have been met
	Donated goods and services
	Where the charity receives donations ofgoods and services in kind and where there		is a		measurable						value
	to the chanty which can be ascertained with reliabihty they are included in both income and					expenditure						in	the
	Statement offinancial 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
	Chantable Activities —Expenditure on chantable actwltles Includes all costs Incurred		by the
	chanty in undertaking activities that further its chantable aims
	Support Costs - These costs include general management and accounting Support costs				not	attributable						to	a
	single actiwty have been allocated on a basis consistent with identified cost dnvers	for that cost						category
	such as on-kne giving fees, professional charges, operatmg expenses, Insurance and		accounting					and
	adrmnistration expenditure
	Governance Costs - these costs are associated with the running ofthe Chanty, as
	opposed to the direct management functions inherent In generating funds, service
	dehvery and programme or pro)act work These include such items as external audit,
	legal advice for trustees and costs associated with constitutional and statutory
	req uirernents
	Grants payable -Grants are recognised in the Statement of fmanclal activities when		they		have been
	approved by the Trustees and notified to the benefiaanes
	Prepayments
	Prepayments are valued at the amount prepaid net of any trade discounts due
	Debtors
	Trade and other debtors are Initially recognised at transaction price and subsequently			adjusted,				where
	necessary, for bad and doubtful debts
	Cash and cash equwalents
	Cash and cash equwalents compnse cash at bank and on hand
	Creditors and provisions
	Creditors and prowsions are recognised where the chanty has a present obhgation	resulting				from				a past		event
	that will probably result In the transfer offunds to a third party and the amount due		to settle the							obligation			can
	be measured or estimated reliably Creditors and provisions are normally recogmsed			at their settlement								amount
	after allowing for any trade discounts due
	Funds
	Unrestricted funds are available for use at the discretion ofthe trustees m furtherance			ofthe general							chantable
	obiectives The chanty does not have any restricted funds

										Unrestricted	Unrestricted	Unrestricted		Restricted	Total
										Funds				Funds
										2020-21				2020-21	2020-21
												E		f	E
Donations and legacies
Voluntary Income												0			0
Grant income												0			0
Donated Services												0			0
Royalties										40,505					40,505
Total Income										40,505					40,505
Donated serwces	are		included		in both income		and expenditure			in the	Statement			of
financial activities		Donated serwces and support						represent	the fair value
ofserwces prowded		by		or paid	for by	Manchester		City Council		and include		grant		processing,
administrative serwces,				management		services,	professional,		accounting		and		other operating
costs
Analysis of Expenditure
										Raising				Charitable	Other	Total
										Funds				Activities	Costs
																2020-21
																E
Expenditure
Payment of Grants
Other Costs
Support Costs
Operating Expenses															38	38
Insurance															5,600	5,600
Miscellaneous Expenses															0	0
Support Groups															0	0
Professional Fees															0	0
Accountancy 5Administration															0	0
Tota I Expenditure															5,638	5,638
Expenditure on chantable activities										Grants			Governance		Support	2019-20
														Costs	Costs
Grants to Individuals												E		E	E
Bereaved and Physical				inlury
Psychological inlury
Hardship Grant
Other
Grants to Institutions
Manchester institute			of Health		5 Performance		(MIHP)

10	Analysis ofnet assets between	funds	General
			Fund
			E
	Debtors		57,217
	Creditors		0
	Cash at Bank		36,652
			93,869