| TRUST INFORMATION | |
|---|---|
| TRUSTEES' ANNUAL REPORT |
|
| STATEMENT OF TRUSTEES' RESPONSIBIL'TIES | |
| INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COVENTRY BUILDING SOCIETY | |
| CHARITABLE FOUNDATION | |
| STATEMENT OF FINANCIAL ACTIVITIES | |
| BALANCE SHEET | .12 |
| STATEMENT OF CASH FLOWS | .13 |
| NOTES TO THE FINANCIAL STATEMENTS | 14 |
| TRUST INFORMATION | TRUST INFORMATION | TRUST INFORMATION | TRUST INFORMATION | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Company | number | 03662832 | |||||||
| Charity | number | 1072244 | |||||||
| Trustees | Mr M Mannings | ||||||||
| Mrs TJones | |||||||||
| Mr K Purvey | (appointed | 17June 2022) | |||||||
| Mr J Hanlon | (resigned | 18 | May 2022) | ||||||
| Secretary | Miss L Keogh | (appointed | 28 September 2022) | ||||||
| Miss A Thompson | (resigned | 28 September 2022) | |||||||
| Registered | office | Coventry House |
|||||||
| Harry Weston | Road | ||||||||
| Binley | |||||||||
| Coventry | |||||||||
| CV3 2TQ | |||||||||
| Independent | auditors | PricewaterhouseCoopers | LLP | ||||||
| 1 Hardman Square |
|||||||||
| Manchester | |||||||||
| M3 3EB | |||||||||
| Bankers | Coventry Building |
Society | |||||||
| Coventry House |
|||||||||
| Harry Weston | Road | ||||||||
| Binley | |||||||||
| Coventry | |||||||||
| CV3 2TQ |
| Unrestricted | Funds | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Noles | f | 6 | |||
| Income from: | |||||
| Investments | 2 | 2,558 | 63 | ||
| Donations | 3 | 593,085 | 388,628 | ||
| Total income | 595,643 | 388,691 | |||
| Expenditure | on: | ||||
| Charitable activities |
4 | (363,500) | (373,647) | ||
| Total expenditure | (363,500) | (373,647) | |||
| Net income | 232,143 | 15,044 | |||
| Reconciliation | offunds: | ||||
| Total funds brought | forward | 15,405 | 361 | ||
| Total funds carried | forward | 247,548 | 15,405 |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | f | f | |
| Current assets | |||
| Investments | 5 | 204,997 | 15,343 |
| Debtors | 6 | 42,551 | 62 |
| Total current assets | 247,548 | 15,405 | |
| Total net assets | 247,548 | 15,405 | |
| The funds ofthe charity: | |||
| Unrestricted funds |
247,548 | 15,405 | |
| Total charity funds | 247,548 | 15,405 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| (unaudited)' | |||||
| F | 8 | ||||
| Cash flows from operating | activities | ||||
| Net income for Ihe year | 232,143 | 15,044 | |||
| Adjusted for: |
|||||
| Dividends, interest and rents |
from | investments | (2,558) | (63) | |
| Increase in other debtors |
(40,000) | ||||
| Net cash provided by operating |
activities | 189,585 | 14,981 | ||
| Cash flows from investing | activities | ||||
| Dividends, interest and rents |
from | investments | 69 | ||
| Net cash flows used in investing | activities | 69 | |||
| Change in cash and cash equivalents |
in the year | 189,654 | 14,982 | ||
| Cash and cash equivalents | at 1 | January | 15,343 | 361 | |
| Cash and cash equivalents | at 31 December | 204,997 | 15,343 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 8 | E | ||||
| Short term | deposit account | 2,558 | 63 | ||
| he investment | income is | received from an account held with the Society. | |||
| .DONATIONS | |||||
| 2022 | 2021 | ||||
| f | 6 | ||||
| Donations | from Coventry | Building Society | 581,193 | 384,981 | |
| Donations | from NEDS (Fee Waiver) | 3,647 | |||
| Donations | from Pennies | from Heaven scheme | 11,892 | ||
| 593,085 | 388,628 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| f | 6 | ||||||
| Charitable | donations | made | during | the | year | 363,500 | 373,647 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | 6 | ||||
| Funds | held on | deposit with Coventry | Building Society | 204,997 | 15,343 |
| .DEBTORS | |||||
| 2022 | 2021 | ||||
| f | |||||
| Prepayments | and accrued income | 2,551 | 62 | ||
| Other | debtors | 40,000 | |||
| 42,551 | 62 |
| 2022 | 2021 | ||
|---|---|---|---|
| f | 8 | ||
| Indirect charitable expenditure |
|||
| Hearl ofEngland Community |
Foundation | 70,000 | 73,647 |
| Total indirect charitable expenditure |
70,000 | 73,647 | |
| Direct charitable expenditure |
|||
| Coventry Citizens Advice |
50,000 | 50,000 | |
| Positive Youth Foundation | 65,000 | 50,000 | |
| Grapevine | 50,000 | ||
| St Francis Employability | 53,500 | 35,000 | |
| Central England Law Centre |
50,000 | 40,000 | |
| Age UK | 35,000 | 35,000 | |
| The Belgrade Theatre Trust | 40,000 | 40,000 | |
| Total direct charitable expenditure |
293,500 | 300,000 | |
| Total charitable expenditure |
363,500 | 373,647 |