**REGISTERED CHARITY NUMBER: 1103972**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 OCTOBER 2024**
## **FOR**
## **COVENTRY PEACE HOUSE EDUCATION TRUST**
LDP Luckmans 1110 Elliott Court Coventry Business Park Herald Avenue Coventry West Midlands CV5 6UB
**COVENTRY PEACE HOUSE EDUCATION TRUST CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31st October 2024**
||**Page**|
|---|---|
|**Chairs Report**|1|
|**Report of the Trustees**|2 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Notes to the Financial Statements**|7 to 9|
## **COVENTRY PEACE HOUSE EDUCATION TRUST CHAIRS REPORT**
## **for the year ended 31st October 2024**
Our bicycle workshop is now into it’s twenty third year. We set this up to encourage cycling in our local area as a sustainable and health promoting means of transport by renovating and selling bicycles at affordable prices. The bike workshop is supported by a team of volunteers and led by workshop leader, John Wainwright.
We worked with artistic partnership, and sisters, Diane Wood and Elaine Callen at St Mary's Guildhall, a local site of historic interest where we delivered a Community Tapestry Weaving Project engaging two hundred people from local community groups and schools including, their inhouse queer writing group, Coventry's Refugee and Migrant Centre, The Carers Trust and Coventry's Home Educator Group. The finished work is now displayed at the Guildhall.
We worked with Kohlrabi consultancy gleaning feedback from the public on Coventrywide NHS services for Healthwatch. We interviewed men from disadvantaged neighbourhoods to find out more about their lived experience of mental health services, and reported these back to the Healthwatch team by way of a report aimed at improving services for future service users.
We were awarded funding from the Severn Trent Community Fund to improve the garden space at our local community library and provide educational sessions for library users. This extensive project involved re-landscaping the outdoor space and working with library users to plant up the newly created beds and learn about biodiversity and growing, the project is ongoing.
We are also grateful to Awards for All for providing funding for our core costs, and the Coventry, Solihull & Warwickshire Community Fund who provided funding for our bike workshop leader.
1
## **COVENTRY PEACE HOUSE EDUCATION TRUST REPORT OF THE TRUSTEES**
## **for the year ended 31st October 2024**
The Trustees submit their annual report along with the financial statements for the charity for the year for the year ended 31st October 2024. The Trustees have adopted the provisions of the statement of recommended practice (SORP) “Accounting and reporting by Charities” issued in March 2005 in preparing the annual report and financial statements. The financial statements have also been prepared in accordance with the accounting policies set out in page 8 and comply with the charities constitution and applicable accounting standards.
Coventry Peace House Education Trust was constituted on 20th January 2003 which was amended on the 26th of April 2004. It gained charitable status on 26th May 2004.
## **Objects**
(a) To advance the education of the people of Coventry and the Midlands by providing training and learning opportunities.
(b) To advance the education of the public in the conservation, protection and improvement of the physical and natural environment.
## **Organisation**
The trustees who have served during the year are set out on page 3 and are appointed at the AGM. The trustees have ultimate control over all the affairs of the charity.
## **Achievement and Performance**
The statement of financial activities for the year is set out on page 5 of the accounts. In summary, the incoming resources for the year amounted to £41,489 (2023- £35,678) with the major income coming from grants and donations as shown on page 10 of the accounts. The expenditure was £36,459 (2023- £14,053) with the main expenses being sessional workers and materials, the breakdown in full is shown on page 8.
## **Risk Management**
The trustees conduct their own review of major risks to which the charity is exposed. These procedures are periodically reviewed to ensure that they still meet the needs of the charity and are as follows:
- The annual review of the risks which the charity may face
- The establishment of systems and procedures to mitigate those risks identified
- The implementation of procedures designed to minimize any potential impact on the charity should any of the risks materialise
## **Reserve Policy**
The trustees have reviewed the reserves of the charity. The review encompasses the nature of the income and the expenditure streams, the need to match varied income with fixed commitments and the nature of the reserves.
## **Trustees’ responsibilities in relation to the financial statements**
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which shows a true and fair view of the charity’s financial activities during the year and to its financial position at the end of the year.
- In preparing financial statements, the trustees should follow best practices and:
- Select suitable accounting policies and then apply them consistently.
- Make judgements and estimates that are reasonable and prudent
- State whether applicable accounting standards have been followed subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
2
**COVENTRY PEACE HOUSE EDUCATION TRUST REPORT OF THE TRUSTEES - continued for the year ended 31st October 2024**
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy the financial position of the charity which enables them to ensure that the financial statements comply with the applicable charity rulings.
The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1103972
## **Registered office**
311 Stoney Stanton Road Coventry CV6 5DS
## **Trustees**
Rev. Alan Betteridge- Chairperson Christabella Amoakoh - Vice Chair Mr David Fish Mr John Verdult Mrs Kusumika Chaterjee - Deceased April 24 Dr. Carol Rank
## **Independent Examiner**
M D Spafford FCA FCCA LDP Luckmans 1110 Elliott Court Coventry Business Park Herald Avenue Coventry West Midlands CV5 6UB
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
…....................................... Rev. A. Betteridge
3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COVENTRY PEACE HOUSE EDUCATION TRUST**
Independent examiner's report to the trustees of Coventry Peace House Education Trust ('the Company`)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st October 2024
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. The accounts have not ben prepared in accordance with the methods and principles of the statement of recommended practice for accounting and reporting by charities ( applicable in the UK and Republic of Ireland (FRS 102)
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
LDP Luckmans
1110 Elliott Court Coventry Business Park
Herald Avenue Coventry West Midlands CV5 6UB
Date: ….............................
4
## **COVENTRY PEACE HOUSE EDUCATION TRUST STATEMENT OF FINANCIAL ACTIVITIES for the year to 31st October 2024**
|**Note**
**Incoming Resources**
Grants and Donations
8
Bicycle Income
Art Workshops
Other Income
Total incoming resources
**Resources Expended**
Direct Charitable Expenditure
3
Management & Administration
4
Other Projects
5
Total resources expended
Net Income for the Year
Total funds brought forward
Total funds carried forward|**Unrestricted**
**Restricted**
**2024**
**2023**
**£**
**£**
**£**
**£**
3,157
32,469
35,626
33,600
2,433
3,250
5,683
1,557
180
-
180
-
-
-
-
521|
|---|---|
||**5,770**
**35,719**
**41,489**
**35,678**|
||976
23,309
24,285
12,530
72
4,574
4,646
1,523
-
7,528
7,528
-|
||**1,048**
**35,411**
**36,459**
**14,053**|
||4,722
309
5,031
21,625
2,043
20,829
22,871
1,246|
||**6,765**
**21,138**
**27,901**
**22,871**|
The notes on pages 7 to 9 form part of this financial statement.
5
## **COVENTRY PEACE HOUSE EDUCATION TRUST BALANCE SHEET 31st October 2024**
|**Note**
**Fixed assets**
Tangible assets
9
**Current assets**
Debtors
6
Balances at bank
Cash in hand
Total current assets
**Liabilities**
Creditors: amounts falling due within one year
7
Net current assets
**Total assets less current liabilities**
**Represented by**
**Unrestricted Funds**
General Purpose Funds
**Total**
**Restricted Funds**
Capital to be depreciated
Awards 4 All
Bike Workshop
Coventry, Warwickshire & Solihull Community Fund
Healthwatch
Positive Youth Foundation
St Mary's Guildhall
Severn Trent
Hope in Unity
**Total**
**Total Reserves Funds in Hand**|**£**
**£**
-
-
28,392
359
28,751
851
27,901
**27,901**
**At 01.11.23**
**Net movement**
**in funds**
2,043
4,722
**2,043**
**4,722**
**2024**|**£**
**£**
-
-
28,392
359
28,751
851
27,901
**27,901**
**At 01.11.23**
**Net movement**
**in funds**
2,043
4,722
**2,043**
**4,722**
**2024**|**£**
**£**
-
-
23,195
376
23,571
700
22,871
**22,871**
**Transfer**
**between funds**
**At 31.10.24**
60
6,825
**60**
**6,825**
**2023**|**£**
**£**
-
-
23,195
376
23,571
700
22,871
**22,871**
**Transfer**
**between funds**
**At 31.10.24**
60
6,825
**60**
**6,825**
**2023**|
|---|---|---|---|---|
||28,751
851||||
||**At 01.11.23**
2,043
**2,043**||
**Transfer**
**between funds**
60
**60**||
|||**27,901**||**22,871**|
|||**Net movement**
**in funds**
4,722
**4,722**||**At 31.10.24**
6,825
**6,825**|
||-
8,000
12,829
-
-
-
-
-
-
**20,829**|
-
-
-
11,101
(8,000)
11,101
(2,033)
(12,550)
(1,754)
(13)
13
-
55
(55)
-
(50)
50
-
274
(274)
-
(8,821)
20,550
11,729
(206)
206
-
**309**
**(60)**
**21,076**|||
||||||
||**22,871**|
**5,031**
**-**
**27,901**|||
6
**COVENTRY PEACE HOUSE EDUCATION TRUST NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st October 2024**
## **Note 1 Accounting Policies**
- **(a)** The financial statements have been prepared under the historical cost convention, and follow the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice issued in March.
- **(b)** Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. The value of services provided has not been included.
- **(c)** Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.
- **(d)** Incoming resources from investments is included when receivable
- **(e)** Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
- **(f)** Resources expended as allocated to the particular activity where the cost relates directly to the activity.
- **(g)** Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which is estimated at four years for projector and camera and three years for computer.
- **(h)** Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.
- **(i)** Designated funds are unrestricted funds earmarked by the management committee for particular purpose
- **(j)** Restricted funds are to used for specific purposes as laid down by the donor. Expenditures which meets their criteria is charged to the fund, together with fair allocation of management and support cost.
## **Note 2 Taxation**
As a charity, Coventry Peace House Education Trust is exempt from corporation tax on income.
7
**COVENTRY PEACE HOUSE EDUCATION TRUST NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st October 2024**
|**3.**
**Direct Charitable Expenditure**
Sessional Workers
Volunteers Expenses
Post, Print and Stationery
Equipment
Refreshments
Horticulture Workshops
Bike Workshop and Expenses
Room Hire
Unspent grant payment
**4**
**Management & Administration**
Year End Accounts
Travel Expenses
Insurance
Memberships
Consultancy
Motor Expenses
Premises Maintenance
Miscellaneous
**5**
**Other Projects**
Gardening
Projects
**6**
**Debtors**
**7**
**Creditors**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
-
13,011
13,011
8,600
675
2,560
3,235
1,270
178
197
375
244
-
-
-
196
23
243
266
122
-
3,745
3,745
223
-
2,353
2,353
432
100
1,200
1,300
800
-
-
-
643|
|---|---|
||**976**
**23,309**
**24,285**
**12,530**|
||**£**
**£**
**£**
**£**
-
960
960
705
-
7
7
51
-
777
777
757
32
80
112
-
-
2,730
2,730
-
40
20
60
-
-
-
5
-
-
5|
||**72**
**4,574**
**4,646**
**1,523**|
||**£**
**£**
**£**
**£**
-
3,926
3,926
-
-
3,601
3,601
-|
||**-**
**7,528**
**7,528**
**-**|
||**£**
**£**
**£**
**£**|
||**-**
**-**
**-**
**-**|
||**£**
**£**
**£**
**£**
-
851
851
700|
||**-**
**851**
**851**
**700**|
8
**COVENTRY PEACE HOUSE EDUCATION TRUST NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31st October 2024**
|**8 Grants and Donations**
Eveson Trust
Severn Trent
Awards For all Grant
Healthwatch Grant
St Mary's Guildhall
Donations
**9 Tangible Fixed Assets**
**Cost**
As at 1st November 2023
Additions
Disposals
**As at 31st October 2024**
**Depreciation**
As at 1st November 2023
Charge for the year
Disposals
**As at 31st October 2024**
**Net Book Value**
At 31st October 2024
At 31st October 2023|**Unrestricted Restricted**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
-
-
-
1,650
-
-
20,550
19,893
19,893
9,990
6,592
6,592
-
5,984
5,984
-
3,157
3,157
1,410|
|---|---|
||**3,157**
**32,469**
**35,626**
**33,600**
**Projector**
**Camera**
**Computer**
**Total**
500
679
384
1,562
-
-
-
-
-
-
-
-|
||**500**
**679**
**384**
**1,562**
500
679
384
1,562
-
-
-
-
-
-
-
-
-
-
-
-|
||**500**
**679**
**384**
**1,562**
**-**
**-**
**-**
**-**
-
-
-
-|
9