2022-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to6
Independent Auditors' Report		7to10
Consolidated Statement ofFinancial	Activities	11 to 12
Consolidated Balance Sheet		13
Balance Sheet		14
Consolidated Statement ofCash Flows		15
Notes to the Financial Statements		16to 28

			Reference and Administrative	Details
Chief Executive Officer			Mr James Clarke
Trustees			Mr Doug Barr
			Mr Mark Bass
			Mr Simon White
			Mr Derek Shedden
			Mr John Gates
			Mr Garth Bushnell
Charity	Registration	Number	1047219
Principal	Office		Long Street
			Ather stone
			CV9 1AE
Auditor			mca Hanbury Ltd
			Unit 4-6 The Wharf Centre
			Wharf Street
			Warwick
			CV34 5LB
Bankers			Lloyds Bank Plc
			Coventry
			CAF Hank Ltd
			Kings Hill
			West Mailing
			Kent
			ME194JQ

(Including	Conso	lidated Income and Recognised	Expenditure Account Gains and Losses)	and Statement	ofTotal
				Unrestricted	Total
				funds	2022
			Note	g
Income and Endowments		from:
Donations and legacies				129,732	129,732
Charitable activities				5„000	5,000
Investment income				56	56
Other income				1,630,962	1,630,962
Total income				1,765,750	1,765,750
Expenditure on:
Raising ftinds Charitable activities				(1,379,837) 6305,862)	{1,379,837) ~305,862
Total expenditure				~I,685,699	~1,685,699)
Net income				80,051	80,051
Net movement in funds				80,051	80,051
Reconciliation offunds
Total funds brought	forward			3,032,965	3,032,965
Total funds carried	forward			3,113,016	3,113,016
				Unrestricted	Total
				funds	2021
			Note
Income and Endowments		from:
Donations and legacies				276,844	276,844
Charitable activities				5,000	5,000
Investment income				6	6
Other income				1,609,831	1,609,831
Total income				1,891,681	1,891,681
Expenditure on:
Raising funds Charitable activities			7 8	(1,174,493) ~507,359	{1,174,493) ~507,359
Total expenditure				~),681,852	~1,681,852)
Net income				209829	209,829
Net movement in funds				209,829	209,829

				Unrestricted	Total
				funds	2021
			Note
Reconciliation	offunds
Total funds brought		forward		2,823,136	2,823,136
Total funds carried		forward	18

		Consolidated Balance Sheet	as at 31Decem	ber 2022
				2022	2021
			Note
Fixed assets
Tangible assets			12	2,811,399	2,785,365
Current assets
Stocks			14	109,423	12S,890
Debtors			15	49,724	36,651
Investments			16	67,500	67,500
Cash at bank	and in	hand		212,S08	136,333
				439,455	369,374
Creditors: Amounts		falling due within one year	17	~(137,838	(121,774)
Net current	assets			30I,617	247,600
Net assets				3,113,016	3,032,965
Funds ofthe group:
Vnrestricted	incoine	funds
Unrestricted	funds			3,113,016	3,032,965
Total funds			18

		Balance Sheet as at3	1December 202	2
				?022		2021
			Note
Iixed assets
Tangible assets			12	2,769,508		2,753,106
Investments						4
				2,769,512		2,753,110
Current assets
Debtors			15			167
investments			16	67,500		67,500
Cash at bank	and in hand			129,089		65,833
Creditors: Amounts		falling due within one year	17	196,589 (26,484)	133,500 ~38,710)
Net current	assets			170,105		94,790
Net assets				2,939,617		2,847,900
Funds ofthe	charity:
Unrestricted	income	funds
Unrestricted	funds			2939617 ,	,	2 847,900
Total funds			18	2,939,617		2,847,900

Consolidated Statement of	Cash Flows fo	r the Year En	ded 31Decembe	r 2022
			2022	2Q21
		Note	g	g
Cash flows from operating activities
Net cash income			80,051	209,829
Adjustments to cash flows from non-cash Depreciation Investment income	items		73,475 ~56	69,451 ~6
			153,470	279,274
clerking capital adjustments
Decrease/(increase) in stocks		14	19,467	(21,786)
(Increase}/decrease in debtors Increase/(decrease) in creditors Net cash flows From operating activities		15 17	(13,073) 26,064 185,928	21,616 ~295,873 ~(l6,769
Cash flows from investing activities
Interest receivable and similar income Purchase oftangible fixed assets		6	56 ~99,509	6 ~I3,908
Net cash flows from investing activities			(99,453)	(13„902)
Cash flows from financing activities. Repayment ofloans and borrowings		17	~10,0003	~45,000
Net increase/(decrease) in cash and cash equivalents			76,475	(75,671)
Cash and cash equivalents at 1 January			136,333	212,004
Cash and cash equivalents at 31December			212,808	136,333

Unrestricted
funds	Total
General	funds
g	g
129,732	129,732
129,732	129,732
276,844	276,844

4 Income from charitahle activities
	Unrestricted
	funds	Total
	General	funds
Rentai Income	5,000	5,000
Total for 202?	5,000	5,000
Total for 2021	5,000	5,000

5 Income from other trading activities
	Unrestricted
	funds	Total
	General	funds
Other trading income	1,630,962	1,630,962
Total for 2022	1 630,962	1,630,962
Total for 2021	1,609,831	1,609,831

6 Investment income
	Unrestricted
	funds	Total
	General	funds
	f.
Bank Interest	56		56
Total for 202?			56
Total for 2021

Unrestricted
funds	Total
General	funds
1,379,837	1,379,837
I,379,ll37	l,379,837
I, I74,493	I, I74,493

Charitable	activities
Total for	2022
Total for	2021

Activity	Total
support costs	expenditure
305,862	305,862
305,862	305,862
507,359	507,359

				2022	2021
Other fees to auditors
The auditing ofaccounts ofany associate ofthe charity				6,000	5,000
All other non-audit	services				2,250
				6,000	7,250
12 Tangible fixed	assets
Croup
		Land and	Furniture and
		buildings	equipment	Motor vehicles	Total
Cost
At 1 January 2022		3,068,655	82,445		3,151,100
Additions		70,446	22,113	6,950	99,509
At 31 December 2022		3,139,101	104,558	6,950	3„250,609
Depreciation
At 1 January 2022		315,549	50,186		365,735
Charge for the year		54,044	18,479	952	73,475
At 31December 2022		369,593	68,665	952	439,210
Net book value
At 31December 2022		2,769,508	35,893	5,998	2,811,399
At 3 I. December 2021		2,753, I 06	32,259		2,785,365

Charity
	Land and
	buildings	Total
Cost
At 1 January 2022	3,068,655	3,068,655
Additions	70,446	70,446
At 31 December 2022	3,139,101	3,139,101
Depreciation
At 1 January 2022	315,549	315,549
Charge for the year	54,044	54,044
At 31 December 2022	369,593	369,593
188let book value
At 31 December 2022	2,769,508	2,769,508
At 31 December 2021	2,753,106	2,753,106

Subsidiary
undertakings	Total

are as follow	s:
		Country of		Proportion ofvoting rights		Principal
Undertaking		incorporation	Holding	and shares held		activity
				2022	2021
Subsidiary	under takings
Factor 4UK Ltd		United Kingdom		100%	100%	Sale of retail goods
						Development
Baginton Green Ltd				100%	100%	of building
						projects

14 Stock
	Group		Charity
	2022	2021	2022
Stocks	109,423	128,890

			Group			Charity
		2022		2021	2022		2021
				K	g
Trade	debtors	47,73	0	36,651				167
Other	debtors	1,994
		49,724		36,651				167

16 Curr	ent a	sset investments
			Group		Charity
			2022	2021	2022	2021
						f,
Unlisted	other	shares	67,500	67,500	67,500	67,500

1'7 Creditors: amounts falling due with	in one year
	Group			Charity
	202?	2021	2022		2021
Trade creditors	83,142	65,801	1,735
Other loans	20,000	30,000	20,000		30,000
Other taxation and social security		62			62
VAT grant repayable	7,448	2,249
Other creditors	12„770	18,662		fl)	3,648
Accruals	14,478	5,000	4	750	5,000
	137,838	12],774	26,484		38,710

Group
					Balance at 31
		Balance at 1	Incoming	Resources	December
		January 2022	resources f	expended	2022f
Unrestricted	funds
General		3,032,965
					Balance at31
		Balance at 1	Incoming	Resources	December
		January 2021	resources f	expended f	2021 f,
Unrestricted	funds
General		2,823,136	1,891,68l	(1,681,852)	3,032,965
Charity
					Balance at 31
		Balance at 1	Incoming	Resources	December
		January 2022 f	resources	expended	2022f
Unrestricted	funds
General		2,847,900	397,58D	~305,863)	2,939,617
					Balance «t31
		Balance at I	Incoming	Resources	December
		January 2021	resources	expended	20?1
Unrestricted	funds
General		2,591,450	632,77D	~376,320)	2,847,900

Group
		Unrestricted	Total funds at
		funds	31 December
		General	2022
			K
Tangible	fixed assets	2,811,399	2,811,399
Current Current	assets liabilities	439,455 137,838)	439,455 ~137,II38
Total net assets		3,113,016	3,113,016
		Unrestricted	Total funds at
		funds	31December
		General	2021
			g
Tangible	fixed assets	2,785,365	2,785,365
Current Current	assets liabilities	369,374 121,774	369,374 ~123,774
Total net assets		3,032,965	3,032,965

Charity
		Unrestricted	Total funds at
		funds	31 December
		General	2022
		g
Tangible	fixed assets	2,769,508	2,769,508
Fixed asset investments			4
Current Current	assets liabilities	196,589 (26,484)	196,589 ~26,4847
Total net assets		2,939,617	2,939,617
		Unrestricted	Total funds at
		funds	31 December
		General	20?1
Tangible	fixed assets	2,753,106	2,753,106
Fixed assetinvestments			4
Current Current	assets liabilities	133,500 38,710)	133,500 ~38,710
Total net assets		2,847,900	2,847,900