2025-10-31-accounts - Chilvers Coton Centre Trust

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CHILVERS COTON CENTRE TRUST

Company Number 02305461 England & Wales Registered Charity Number 1001665

AVENUE ROAD

NUNEATON

ACCOUNTS FOR THE YEAR ENDED

31 OCTOBER 2025

CHILVERS COTON CENTRE TRUST ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025

Page	Contents
3 - 6	Trustees’ annual report
7	Independent examiner’s report
8	Statement of financial activities
9	Balance sheet
10 - 13	Notes to the accounts

CHILVERS COTON CENTRE TRUST

DIRECTORS’ REPORT

(INCORPORATING THE TRUSTEES’ ANNUAL REPORT)

YEAR ENDED 31 OCTOBER 2025

Full Name:	Chilvers Coton Centre Trust
Registered Charity Number:	1001665
Registered Company Number:	02305461
Principal Address:	Chilvers Coton Centre, Avenue Road, Nuneaton
	CV11 4LT
Trustees:	Mr J K Burton, Chairman
	Mr D J Leach, Company Secretary and Treasurer
	Mr E Docker
	Mr D Elliott
	Mr R Everitt
	Mr P Smith
	Mrs C White
	Mrs C Wright
	Dr. M. Cook
Bankers:	Barclays Bank, 7 Market Place, Nuneaton, CV11 4EA
Independent Examiner:	Ms Paula Wilson, 56 Hickman Road, Galley Common
	Nuneaton, CV10 9NQ

CHILVERS COTON CENTRE TRUST

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 OCTOBER 2025

The Trust is a registered charity which is governed by its constitution.

The Trustees, who are also directors of the charity for the purpose of the Companies Act, submit their annual report and the financial statements for the year ending 31 October 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in July 2014.

STRUCTURE, GOVERNANCE & MANAGEMENT

The charity is controlled by its governing document, a deed of trust and constitutes a company limited by guarantee as defined by the Companies Act 2006.

Recruitment and Appointment of New Trustees

There has been an average of 12 trustees throughout the year. Any new appointments are at the recommendation of the Board.

Induction and Training of New Trustees

All new trustees are given, in the opinion of the Board, sufficient training and have enough knowledge of their specific expertise to understand the nature of the charity and its current aims and progression.

Retiring Directors

All named trustees are serving directors of the company.

Honorary Vice Presidents

Due to the sad passing of Don Jacques BEM we do not have an Honorary Vice President

Related Parties

The charity has a close relationship with Nuneaton & Bedworth Borough Council and Warwickshire County Council and both assist with grant aid and the advancement of the charity.

OBJECTIVES AND REVIEW OF ACTIVITIES

The objects of the Chilvers Coton Centre Trust are to advance education by preserving whatever of the English historical, architectural and constructional heritage may exist in and around the borough of Nuneaton in the form of buildings of particular beauty or historical architectural or constructional interest.

CHILVERS COTON CENTRE TRUST

TRUSTEES’ ANNUAL REPORT (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2025

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Trustees are pleased with the results of the charitable efforts and would like to continue to expand on them. Voluntary funding this year was again boosted by income generated from traditional afternoon teas provided to groups and organisations and from room hire for family celebrations and birthday parties.

Income from fund raising, room hire, sales, donations and grants are included when received. Regretfully the Heritage Centre boiler finally died. The cost of a new one was nearly £14000. We managed to raise most of the cost through the generosity of our user groups and by a ‘Go Fund Me’ page and assistance from the Borough Lottery and local council.

FINANCIAL REVIEW

Principle funding sources

Chilvers Coton Centre Trust is pleased and grateful to receive funding from a number of sources. During recent years the trust has received financial aid from Nuneaton and Bedworth Borough Council, Warwickshire County Council, The Borough Lottery and Awards for All.

Reserves policy

The Trustees Reserve is now £5000.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure that appropriate controls are in place to provide reasonable assurance against any fraud and error.

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

CHILVERS COTON CENTRE TRUST

TRUSTEES’ ANNUAL REPORT (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2025

The law applicable to charities of England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing those financial statements the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the applicable Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy, at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

Signed on behalf of the charity’s trustees:

Chairperson Date:

Company Secretary / Treasurer

Date:

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

CHILVERS COTON CENTRE TRUST

FOR THE YEAR ENDED 31 OCTOBER 2025

I report on the accounts of the Trust for the year ended 31 October 2025, which are set out on pages 8 to 13.

Respective responsibilities of trustees and examiner

The charity’s trustees consider that an audit is not required for this year (under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act;
follow the procedures laid down in the general directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act, and
state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the general directions given by the Charity Commissioners. 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 any such matters. The procedures undertaken do not provide all 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:

1. which gives me reasonable cause to believe that in any material respect, the requirements:

to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed

Date:

Paula Wilson, MAAT

CHILVERS COTON CENTRE TRUST

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 OCTOBER 2025

Note Incoming resources Grants & donations 2 Boiler & roof appeal Fundraising - books	Unrestricted Funds 12,659 - 456	Restricted Funds £ 5,000 - -	*2025* 2024 Total Total Funds Funds £ £ 17,659 13,402 0 2,104 456 150
Fundraising - social events	335	-	335 1,091
Victorian schoolroom Room hire Miscellaneous Bank Interest Total incoming resources Resources expended Building maintenance Light & heat Travel expenses IT & Telephone Insurance Stationery/printing Equipment Fundraising - social events Sundries & Cleaning Rent Professional fees Independent examination Depreciation 3 Total resources expended Net income/(expenditure) Total funds bought forward Transfers between funds Fund balances carried forward	330 15,506 - 94 29,379 5,135 7,724 145 1,991 582 498 2,949 232 822 100 2,774 300 1,402 24,654 4,725 26,779 31,504	- - - - 5,000 - - - - - - - - - - - - 3,930 3,930 1,070 16,064 17,134	330 410 15,506 13,143 - 345 94 100 34,379 30,745 5,135 5,237 7,724 9,154 145 47 1,991 998 582 1,175 498 18 2,949 2,011 232 457 822 849 100 100 2,774 124 300 300 5,333 5,923 28,584 26,393 5,795 4,352 42,842 38,490 - - 48,637 42,842

CHILVERS COTON CENTRE TRUST

BALANCE SHEET

AS AT 31 OCTOBER 2025

Note Fixed assets 3 Current assets Debtors 7 Cash at bank and in hand Current Liabilities Grant in Advance Creditors 8 Net current assets Net assets The funds of the charity Restricted Funds 9 Unrestricted Funds 9 *Total Funds*	£ 21,064	*2025* *2024* £ £ 27,873 33,206 - 9,937 9,937 - (300) 20,764 9,637 48,637 42,842 17,134 16,064 31,504 26,779 48,637 42,842	*2025* *2024* £ £ 27,873 33,206 - 9,937 9,937 - (300) 20,764 9,637 48,637 42,842 17,134 16,064 31,504 26,779 48,637 42,842
	21,064
	(300)

			42,842
			16,064 26,779
			42,842

Exemption from audit

For the year ending 31[st] October 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006:
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

The directors declare that they have approved the accounts above.

Mr J K Burton, Chairman

Mr D J Leach, Treasurer & Secretary

Date:

CHILVERS COTON CENTRE TRUST

NOTES TO THE ACCOUNTS

YEAR ENDED 31 OCTOBER 2025

1. Accounting policies

Accounting convention

These financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts and with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.

Incoming Resources

All material incoming resources have been included on a receivable basis – ie they are included if the date receivable falls within the period covered by these accounts.

Resources expended

These have been analysed using a natural classification.

Depreciation

Depreciation is provided on fixed assets at rates calculated to write off the cost of the assets over their expected useful lives as follows:

Property improvements (including heritage assets) – 4% annual straight line basis Fixtures and fittings – 20% annual written down basis

Fund Accounting

General funds are unrestricted funds, which are available for the use at the discretion of the trustees/directors in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are to be used only for specified purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

10 -

CHILVERS COTON CENTRE TRUST

NOTES TO THE ACCOUNTS CONTINUED

YEAR ENDED 31 OCTOBER 2025

2. Grants and Donations

Unrestricted Funds £ Grants - Donation for boiler - General donations 9,179 Roof Appeal - 9,179	Restricted Funds £ 5,000 - - - 5,000	Total 2024 Funds £ £ 5,000 7,350 - 5,000 9,179 1,052 - 2,104 14,179 15,505

3. Tangible Fixed Assets

Property Improvements £ Cost At 1 November 2024 76,207 Additions - Disposals - At 31 October 2025 76,207 Depreciation At 1 November 2024 54,644 Charge for year 3,004 On disposal - At 31 October 2025 57,648 Net book value At 31 October 2025 18,559 At 1 November 2024 21,563	Furniture fittings & equipment £ 24,093 - - 24,093 12,451 2,329 - 14,779 9,314 11,643	Total £ 100,300 - - 100,300 67,095 5,333 - 72,427 27,873 33,206

11 -

CHILVERS COTON CENTRE TRUST

NOTES TO THE ACCOUNTS CONTINUED

YEAR ENDED 31 OCTOBER 2025

4. Creditors

Accounts	Unresticted Funds £ 300 300	Restricted Funds £ - -	Total Funds £ 300 300	2024 £ 300
				300

5. Movements in Funds

Unrestricted funds General Fund Restricted funds Development Funds Grants and Donations Total Funds	Opening balance £ 26,779 26,779 879 15,184 16,064 42,842	Incoming (Resources Transfers resources expended) £ £ £ 29,379 (24,654) - 29,379 (24,654) - - (879) - 5,000 (3,051) - 5,000 (3,930) - 34,379 (28,584) -	Closing balance £ 31,504
			31,504
			- 17,134
			17,134

			48,637

12 -

CHILVERS COTON CENTRE TRUST

NOTES TO THE ACCOUNTS CONTINUED

YEAR ENDED 31 OCTOBER 2025

6. Analysis of net assets between funds Fund

Fund balances at 31 October 2025 are represented by: Tangible fixed assets Current assets Current liabilities Total net assets	Unrestricted £ 15,317 16,487 (300) 31,504	Restricted Total £ £ 12,557 27,873 4,577 21,064 - (300) 17,134 48,637

7. Trustees remuneration, benefits & expenses

The management committee and other trustees did not receive any remuneration during the year (2024: nil).

8. Independent examination and accountancy services

During the period, the cost of the examination was £300.

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