REGISTERED CHARITY NUMBER: 1103972 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 FOR COVENTRY PEACE HOUSE EDUCATION TRUST LDP Luckmans 1110 Elliott Court Coventry Business Park Herald Avenue Coventrv West Midlands CV5 6UB
COVENTRY PEACE HOUSE EDUCATION TRUST CONTENTS OF THE FINANCIALSTATEMENTS for the year ended 31st October 2023 Page Chalrs Report Report of Iha Trust88s 2103 Inde.pendent Examiner's Report Statement tjf Flnanclal Activiti8S Balance Sheet Notes to the Flnan¢lal Slatements 7109
COVENTRY PEACE HOUSE EDUCATION TRUST CHAIRS REPORT for the year ended 31st October 2023 (>Jr bicycle workshop is now into il's twenty first y88r. We s&t this up to encourage cycling in our local arga as a sustainable and health promoting means of transport by r&novating and selling blcycles al affordable prices. Th8 txka workshop is supported by a team of volsjnleers and led by workshop leader John Walnwright. We workad with The Herbert Art Gallary to pro& mosaic rnaking workshops to disadvantaged young people arKY proMd$d bicycles to The Belgrade Theatre for a perf0mnCe powered by generator iycycles. W8 were sijccessful in securing grants trom Awards For All, The Eveson Trusl, S8veffl Trent Communlty Fiind and Cbcknrisè Credlt Unlon. We work8d wth Foleshill library to launch a community gardenillg project.
COVENTRY PEACE HOUSE EDUCATION TRUST REPORT OF THE TRUSTEES for the year ended 31st October 2023 Th8 Truslees submit their 8nnu81 report along wlth Ihe fin8nei81 Slaternefits for the chèrity lor the year for the year ended 31 st Octob8r 2023. The Irusleés have 8dopled the provisions of the st8t8menl of r8comMend8d practic8 ISORPI'A¢counlin9 and r8POrting by Charities. IssU8d in M8r¢h 2005 in preparing Ihe annual repori and financi81 slalemenls. The financial sl8lem8nts have also been prepared in ac¢ord8nce with the accounting policies sel oul in page 8 and comply with the Charities ¢onslilulk)n and applicable accountino standards. Coventry Peace house education Trust was consliluled on 20th January 2003 whlch was amended on the 26th ol April 2004. It galned charity slalus on 26th May 2004. Objects lal To advance the education of the people ol Covenlry and the Midlands by prowding Iraining and learning pprjrtunilies. Ibl To 8dv8nc8 the &duralion ol ihe public in Ihs cons8rvalioTr, prot8clton and improvem8rit of Ihe physKal and natural 8nvironm8n(. Organi$8tion The Iruslees who have served duThng the year are set out on p8ge 3 and arg app(ynted al the AGM. Th8 trustees have uhirnate control over all the affairs of the eharity. Achlavemant and Porformaneè The slal8ment of fin8neial aclivi118s for the year is s8t out on page 5 of the accounts. In sumrnary, th8 incomiFVJ resources for Ihe year 8rnouii18d lo £35,67812022- £4,416) w41h the major income corning from granls and don81K)ns as shown on page 10 01 the aecounls. The expenditure was £14.00412022- £19,179) with the mÉin expenses being sessional workers and materials, the breakdown in full is shown on p8g8 8. Rlsk Management The Irusle&5 conduct IheiT own review of fflajor risks lo which the charily 15 exposed. These ProdureS are periodically rev*wed lo ensure Ihal Ihey still meet the needs ol the charily and are as follows.. The annual review ol the risks whld) th6 ¢hèrity may face The estsblishmeni of systems and procedures lo mitigate those risks Identified The impletnentation of procedu$ designed to minimlze any potenlial impact on the charity should any of the risks materialise Reserve Pollcy The Iruslees have reviewed Ihe resetves of Ihe ¢harily. The review encompasses the nalure of the income and the expenditure stream8, the need lo match vari8d income wth fixed commitmenls and th8 naiure of the reserves. Tiustees, responslbllltle$ In r?latlon to the flnan¢ial $tat?ment8 The law applicable lo Charities in England and Wales requires the Iruslees lo pr8pare flnan¢ial slalements for each rinanclal year whlch shows a true and fair w8w of Ihe charity's financl81 actiwlies during the year and to ils financial position al the end ol the year. In prepanng financial stalemenls, Ihe truste88 should follow besl pr8¢1ices and= S816cI suitable accounting policies and then apply them conslstenlty. Make judgements and estimates that are reasonable and prudent Stsle whether 8pplicabl8 accounting standards h8V8 b88n follow8d subi8Ct to 8ny mat8ri81 departur8$ disdosed and explained In the financial statements Prepare the financial slalemenls on Ihe going concern basis unless il is inappropriale lo presume thal the charity wll continue in operation
COVENTRY PEACE HOUSE EDUCATION TRUST REPORT OF THE TRUSTEES- continued for the year ended 31st Ortober 2023 The Iwstees are responsible for maintaining proper accounting records which disclose reasonable accuracy the financial posilion ol the charily which enables them lo ensure that Ihe financial statements comply with th6 applicable charity rulings. The trustees are also responsible for safeguarding the assets of the charily and hence for taking rè8sonab18 St8PS for the prevention and de18cln of fraud and other ifTegu18rilies. REFERENCE AND ADMINISTRATIVE DETAILS Re9lstered Charity number 1103972 Reglslered offlce 311 Sloney Stanton Road Covenliy CV6 SDS Trustees Rev. Alan Bellendge- Chaitperson Mr Davld Flsh Mr John Verdult Dr, Carol Flank Mrs Kusumika Chaterjee Christabella Amoakoh Indop¢ndont Èxamlrter M D Spafford FCA FCCA LDP LuGkmaiis 1110 Ellioll Court Coventry Business Park Herald Avenue Coventry West Midlands CV5 8UB Approved by order of the board of tru5te8s on and 5ign8d on ils b8half by.. Rev. A. Bettedge
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF COVENTRY PEACE HOUSE EDUCATION TRUST Independent examinerfs report lo thè tru5t$és ol Covenlry Peace House Education Trust I'the Company'l I report to the charity trustees on my examinalion tsl the accounts of the Company for the ygar $nded 31st October 2023. Re8ponsibllttles and basls of report As the charit8 Iruslees ol the Company land also its direclors for the purposes of eompany lawl you are responsible for lh8 preparatior> ol Ihe accounts in ac¢ordan¢e with the requirements of the Companies Ad 20061'the 2006 Acl'l. Having salisfi6d myself Ihal Ihe accounts of the Comp8ny are not required to be audiled under Pat118 of Ihe 2006 A¢1 and are eligible for independent examination, I reKX)rt in raspect of my examin&tion of your charitys a¢¢ounls as carrled out under Section 145 of Ihe Chadti8s Acl 2011 I'lhe 2011 Acl'l, In Carrying out my examination I have followed the Directions given by the Charity Gornmission under Sectlon 14515) Ibl of the 2011 A¢t. Ind•pendenl examiner's statemènt I have completed my 8xarninalion. I conflmi th81 no mallers have Come to my att@nlon In connection th the examination giwng me caus& to believe.. 1. a¢¢ounling records were nol kepl in respect of the Company as rèquiréd by Section 388 01 the 2006 Act., or 2. the accounts do not accord wth those records.. or 3. the a¢¢ounls do not cofflply with Ihe accounlitl9 reouireinenls of Seclion 396 01 Ihe Act olher Ihtti) any requir*ment th81 th8 accounls give a true and lair view whi¢h is nol 8 mat18r consider8d as part of an Independent ex8minalion'. or 4. Th8 accounts have not ben prepared in accord8nce with the meth$ and principles of the slatern8nl of recornTnended pra¢lice for 8¢counling and reporting by eharilies l applicable in the UK and Republic of Ireland IFRS 1021 I have no ¢on¢erns and have corne across no other matters in connection with tha examination 10 which attention should be drawn In this r8POrt in ord8r lo en8ble a proper understanding of the accounts lo be reach6d. LDf LDP Lu¢km8ns 1110 Elllott Court Coventry Businè59 Park Herald Avenue Coventry West Mldlands CV5 6UB D8t8'.
COVENTRY PEACE HOUSE EDUCATION TRUST STATEMENT OF FINANCIAL ACTIVITIES for the year to 31st October 2023 Note UnrestrictÈd Ra8tricted 2023 2022 Incoming Resour¢os Grants and Dono1ii)ns Ble1@ Income other Income 910 32,690 1,557 33.6tM) 1.557 521 3,800 512 104 521 Total incomin9 resources 1.431 Y5.678 4.4f6 R950urces Expended Dlie¢l Charllab18 Expenditure Management & Adminislrab Markelirkg and pUblty 12.232 1.463 12.530 1,473 16,092 3.087 60 Total resources exnded 258 13.695 19,179 Nel Income for the Year 1,073 20,552 21,676 114,7631 Tol81 funds bmughl folward 970 276 1,246 16.9 Total funds carried foThward 2.043 22.922 1,248 The notes on pages 710 9 fotrn P3rt of kni8 financial slalemenl.
COVENTRY PEACE HOUSE EDUCATION TRUST BALANCE SHEET 31st October 2023 Nots 2023 2022 Flxad a$sel$ Tanglble assets Curront assets Debtors Balanrps al barik Cash in hand 23,195 376 1.724 172 Total eurrenl assets 23.571 1,896 L¥ab¥litie5 Credllors.. amounts f811ing du8 within onè yoar 700 650 Net ¢urr8nt assets 22,872 1,246 Total assets less current Ilabllltles 22,872 1,246 Representad by Unrestricted Ineomè Funds Gen8ral PuTpose Fijnds 2,043 970 R85tri¢tpd Income Fund Capilal to b8 depreciated Bicyclé Fund Eveson Trust Awards For all Grant 12.829 276 8.000 20.829 276 22,872 1,246
COVENTRY PEACE HOUSE EDUCATION TRUST NOTESTO THE FINANCIALSTATEMENTS for the year ended 31st October 2023 Note I Accountlng Pollcles lal Th8 financial slalements have b8en prepared under th8 historical cost convention, and follow Ihè rèwmmendalions in Accountlng and Reporting by Charilie5.' Slalement of Recornmended Practice issu8d in March. Voluntary Income Is received by way of donations and gifts and is included in fvll in the Statement of Financlal Activilles when rec8lvable. Tho value of serviros providéd has not been included. Grants. including grants for the purchase of fixed 8ssets, are recognised in lull in the Statement of Financi81 Activities in the ye8r in which they Bre receivable. Idl IncomirvJ resources from invéstments is Included en receivable {el Resources expended are recognised in the period in which Ih8y are incurred. Resources 8xpended Include al¢ribuiable VAT which cannot be recovered. ifj Resources expended as allocaled to the particuLqr 8Ctivty wher& Ihe cost relates directly to the aclivity, Igl D8pr8¥t10n is proidded at rates cgleulaied to wile off Ihe cosl of 8ach assel over its 8xpected useful Ille, whl¢h is eslirllaled ai four years for projectof an($ camera 8nd three years for computer. Ihl Unre511icled funds al'e don81ions and other in¢Dming r83ources Feceivable or generale£J for the oblects of the charity wlhout further spe¢ified purpose and ale available as general funds. Designated funds are unreslrfcted funds 8armark8d by the management comrnillee for particular purpose (il Restricted funds are to used for spe¢ifJ¢ purpos88 as18id down by the donor. Expenditures which meet5 Ihelr ¢rileria is charged lo the fund, together with fair allocation of management and support cosl. Note 2 T8XZtion As a charrty. Coventry Peace House EdUcatn Trusl is exèmpt from corporation lax on income.
COVENTRY PEACE HOUSE EDUCATION TRUST NOTES TO THE FINANCIAL STA7EMENTS- contSnued lor the year ended 31st October 2023 Unrastrl¢ted R•strfctod Funds Funds 2023 2022 Dlrect Charitabjè Exp6ndltur• Sessional w0er Volunteers Expense5 Post, Print 8nd S*tionery Equipment Refreshments Cnft and Workshop Materi3 Bike Worksmp and Expe5 Eveni Expenses Rooni Hiie Un8panl gr8nl p8yment 8,6(M) 1.270 244 8,600 1,270 244 196 122 223 432 6,120 535 156 1,900 109 134 432 227 3,921 1,027 1,400 643 12.232 643 12.530 16.093 Managemeni a Admlnlstration YèarEnd A¢wunls Travel Eypenseg Insur8nce Subscrfplions Training Prémises Malnienance Health and S8leiy IAiscellaneous 85 650 51 757 705 51 757 747 387 839 40 3.087 60 1.463 1.522 Debtor$ Crtdit¢x8 700 700 700 700 650 650
COVENTRY PEACE HOUSE EDUCATION TRUST NOTES TO THE FINANCIAL STATEMENTS. contlnued for the year ended 31st October 2023 7 Grants and Donations Unrestilcted Rèstyietèd Funds Funds Totsl 2023 Total 2022 WMCA Grant Eveson Trust Sevem Trent Awards For all Grant C.C.C Peace Festlval C A F Donalbns Dtsnalions 1,650 20.550 9,990 1,650 20,550 9,990 1.680 1,165 955 910 500 1,410 910 32,690 33,600 3,800 8 Tanglble FIx8d Assets Prolo¢tor Cam•ra Computar Total Cost As al 1 sl November 2022 Additions DIspos81s As at 31st O¢tobor 2023 500 679 384 1.562 500 679 384 1.562 Depreclatlon As al 151 Nov8mb8r 2022 Charge for the y88r Disposals A5 at 31st October 2023 500 679 384 1,562 soo 679 384 1.562 Net Book Value Al 31st October 2023 AI 31s1 October 2022