COVENTRY APIO WARWICKSMIRE AWARD TRUST
A COMPANY LIMITEO BY GUAIiANTEE
Charity number 1151200
Company numbet 08270063
INOEX TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021
PAGE
Cwany hlornat
Reportof Ihe th"redors
B*3rts Sheel
Nrle5 to the FrwKial stsiwr*nt5
10
Iiin
niii
¢AaK21NKW•
2411212021
COMPANIES HOUSE
A28
#125

COVENTRY AND WARWICKSHIRE AWAIID TRUST
. A ¢O¥PANY LIMITED 8Y GUARANTÉE
COIAPANY INFORMATk)N
FI)R ThE Yw ENDED 31ST IMRCII 2021
DIRECTORS
P. J. OKk
M. A. E. Whitewl
D. kl¢Krfcrofl
SECRETARY
REGISTERED OFFICE
X¢el Lfji5￿e Centre.
Mitrhell Aver¥JÈ.
Carley.
CV4 8DY.
REGISTEReD ¢04PANY NU118ER
LW27(W Wal¢sl
REfySTeftED CHARITY NIJMBER
1151280
AUOITORS
Dafferns LLP
One Ea51wood. Harry wes&￿ Rt)ad,
Buynes5 ParK
8irdty.
8AIIKERS
Nalwest Pk..
Covwiry Cty Off**.
24 &oad9ale.
Covenwy.
CV1 IZZ.

COVENTRY AMDWARVKKSHIRE AWARD TRUST
A COMPAHY UIIITED BY GUARAlnEE
AEPORT OF THE DIRECTORS
F(Xg THE YEAR ENDED 31ST IAAR¢H 2021
The OKttltys. th) we *so Tnstees. we$￿t reKrfxtwilh the fHw*aal st¥rements ofthe th*lab￿ company for IhÈ
yearended 31sl March 2021.
PRTrICIPALACTIVITY
Th• pm¢￿1 acbvty ofthe c¢wny in the ye* thjet arKI i•swe lrf*tiE5 for Ib5ab
and able￿d￿d ￿tsOn$ in an intqyated 5e¢brg.
DIRECTORS
Th& director5 who tro¥exrved duly￿ Ihe year si￿0 ts J*8r8r#J **re as k)Ibws.'
Eart Of Ayleslord
P. J. Dick
M. A. E. ¥¥hi¢ehal
ADMfNISTRATNe INFORMATION
Th¢ ctThpany is g(wernÈd by its IAernNandum ￿￿ArbC1es￿AS￿￿1￿I￿. C(¥npany Nun*er'. 08271K63.
The company is a iegislered tharity {No. 11512801.
CHARITA8Le 08JECnVES
These stalethal Iheoverallobj¢clNe v&lopmbdeand 1ociMi¢5 (orlts ￿￿other￿1$yr?￿rr*{Kcwa￿.on
ot disabkd and able Wed pwsons.
POLICIES TO ACHIEVE OBJECTfrfES
Centre AT?. Ihe X¢el Lesurecentre. Ihe Wave and theAlan HTg9s Centre. c&mmurwty kn.swe and recreatK)n ceThtre5
thal 5pwfralty Fryramrn¢ and acts￿1￿$ lo attrad pwlwaiion frorn under4epYeserbt8d gro4)s h •Jeniffied
areas *ilhin Covenlry.
• In 8ddiibn 10 Ihe I￿￿"ty￿se￿ prow$th ol SPNI Irom the thrte cen1￿$. Ihe FoLwwJatiw wtiwde$ ¢¥wrtynth and
experwc*s Ilwh a ryjmberof Kitk3lives outreach prTr3rammes'.
> Go CV- Co¥entry Spryts f￿￿1￿8￿ has *ilh Coventry Cty devebp 4rMI 1¢5t a rew
city access and byalty S¢￿¢. seeks to prCfv7￿ ￿er￿41 ttse ofthe faulib&S to Paople rrtN
CoveNry.
> Community De¥ekW￿l. the wwiue th so Iwas iliNiemak*s the fuftction of ro%nmwHty
dEvefotThnl W*ithin a specific depathent. to en5¥￿ Ihal a **Je rary of spcrts. aclhify perform
arts prtyrammes are researched. rn¥mmÈd and delivered al a rwJhbourhO(xl *vel.
> Acc*ss. Ihe FowbdatKn thIW5 nuirnw evwts. 1wMa￿eThts programm85 fordisablod
grwps 8nd alM9 wth acbvibes to ertsurE acces5 to phYs￿al and welbbein9
VOgr*mmès reath5 ar*J erwwa9es Ihose Ihal I￿ the rrM)51 under reyesenied.
The Itust¢¥s haw had r¢g•rd ¢0 Charty b￿rrt.

COVENTRY AND wAR￿CKsmIfte AWARD TRUST
A COMPANY UMttED BY GUAwireE
RÉPORT OF THE DRECTORS
FOR THE YEAR EMDED 31ST MARCH 2021
ORGANISATIONAL STRUCTVRE
The Board ol ￿reCto￿ afè respThbfe OperalK￿ and filTr￿al mwwgement of the Trust. Dir8Ctcrs ai¥
recommended by w￿￿du81 direcl¢)rs 3Dd IhBW 8PPWtmer* confirwl * a Directors. mee*r¥. Vwn the apponlmenl or
any new Oiredtys. a fvll ar¥J beswke iTrjuC￿ yoc•55 is ￿anned in order 10 ensure ￿￿plete faM￿aritY and
undersl*ding of the Trusi'5 rW1V￿ and rp81a￿ ￿ Ihe ro*s iespm5•*5 01 the Oyectors.
PAY AND REMUNERAnON Of KEY MANAGEIIENT PERSONNEL
The company emp￿Y5 no staff. Ihe Company Seuetary ads as its key Inanagemeftt orferseas day to day ac1￿￿e$
Ihrwgh re* as Chief Exe(¥lwe OffitWLrfCtyertry Sptrts FtyA8tic￿.
ACTIVITIES AND ACHIEVEMENTS DVRJNG TME YEAR
The 2021 year was like no other in the hist￿ of Tn￿( as tmth rn¥y cther or9anis*ons, as Ihe fiAI Mnpact ol Ihe
Covhl 19 Paftde￿ trfO1￿ th(w￿l th8 year- sw81 npèated hxkth)¥ms and the full emer9Enre Ir4n Ihe
Pandem￿ not b*ng 2021.
Both ￿ Ihe Trv51's laJlii%s {A￿n F*gg5 Certh and Centre An) were altematNely Ihe pandemK. wilh
Ihe Alan Hwys Centrp bewwj Ihe City'5 Cer￿31 dislribLblK>n bjb ￿ food supph25 to th2 most vUl￿rat4e duriry Ihe p8thod
of *wdding': and boih f￿5118$ trAing useLI the year as Laietal Fhyw Testiw site$.
Th? frvsl SUPPDrted Iwh the th81kn￿e5 of the year by way OF a n¢￿ts￿le0 loan r•Pa￿ent Irom Coventry Cily
èuntsl in rekition totr* indwr atthe Akn PIHJgsCentre. and I￿ugh thecwlinued support of its chari18bi&fiJndets.
SimAaty. the Tru51ee5 a150 agreed payment holidays %*ith Coventy Sports Foundalw las Ihe weralor ol the f8cilili8s 81
Cenlro AT7 and the ￿an Higgs Centrel in resped of rent: OqUlkV¥*l)I leasing". afid 1>￿￿*[￿#1
The Tfusiee5 woukl like Its expres5 ￿rtere appFetiJl￿ ID IIx)5e QWTri5at*￿5 that ￿￿Ued to suppryt the Twsl
throughout the year and 19 the teams from CTrrfwtry Spons FLY￿jat￿n Who pui the ￿￿"￿8$ lo such meaningful use by
volunteermg lor Ihe vorv￿$ corr4muThty wJpwt rwamrvs.
FINAMCIAL REVIEYI. RISKS AND RESERVES POLICIES
Theresults for the yearand financkilpisiliDnoflheu)rnpanyare 5hw amwedfinwJalsl*n￿nts. The Charlvs
as$&ts continued 10 be used kn the Trusl's ￿t￿CINes.
Th8 majow ol Ihe Trust's inwme is twally in the Irxm ofreni t¢wv¢4 Ircffj Co¥￿try Sport$ FwnQIa￿n in respect ol
CeThi￿ AT7 aThY Ihe Alan Centre ènd the TILtsl￿ ter6iderthls w)vJneio ￿ rE181ryety setyjo for lh¢ fulure-olbeit
that the Tnjslees agreed lo a rental ￿l￿aY lor Ihe 2021 year. In •Jditiw 10 Ihis. the Tr￿$1 receives a sKJnificani annual
denaiion Irom one benefac￿ aDd Tws*es *& ¢or*Eious ofthe ithrent ft$ks Ihal trN$ wesents. shou￿ funttn9 fram
SOIW be rttYu¢ed (¥wiihdravm.
The Trus18es are Mir¥JI￿ of Iheii res[￿$*￿11118s for the ￿p￿. ￿￿8¢emen[ 8￿j fer*wal olany majorta￿tal items ￿t￿Nn
the prÈmi5es of Centre AT7 the hjan Hws Centre and consklerlhecurrent kvel offree reservesof£1.285,307 beiry
unre$tricied investfflqnts and nel tyjrrent as*ets W be suff￿nI to finarKe LYwrvJ capit4 reFla￿￿ts lo maintain Ihe
51an¢Jard ot ils premises. This figLKe e¥d￿leS lem *"atqhty of E1.&%.011 *thich 15 to be paid quarterly over 30
ygar5 from Ir￿￿98T1￿r*d.
PLANS FOR THÉ FUTURE
The Tnjsl's facifi1￿$ Wan lo emerge Imm Ihe as Ircm ffM¢j￿I 20Z1 with Ihe fidl emergence ￿1Th9 ih July
2021. AcrA)rthngly. the Twst has re5urned tts ban repayments in respec¢ ofthe iThSiorpilch al the Alan Higos Centre and
Co¥8Th1ry Sp)rts F￿jntt81lw has re¢um8d lo p4irg rert.. ew¥%)ient leas¥¥J." c£#w*rcial rights.
The Tru51 will Continue 10 CoveThlry Spryts FwTryatron throug￿11 the year lo moiil¢K any bstin9 Impaci of Ihe
Covld pand8mi¢. The Trust aLso become ewaged *ith the dSLYJss￿ reLatiw 10 the future lè•siny and commerdal
C￿r9e ofthè 2021 y¢ar.

OVEIITRY AIIDWARWICKSHIRE AWARO TRUST
A COMPANY UMITED BY GUARApifEE
IIEPORTOF THE DIRECTORS
FOR THE YEAR ENOED 31ST IAARCH 2•21
STATEMEiif OF TRUVEES'IDJRE¢TORS' RESPONSBILryE$
The Tfustees (Wt￿ are a￿ts th￿￿or$ d Cov¢nlry ath1 l*Warrf*i¢kS￿rt Aw¥d T{4￿ lor Ihe purp05es of ¢ompary Iwl ar
re5w￿l￿e ILYprepaM9 Ihe TrUS￿e5.￿￿u￿ ReFUt the financ4al swew*nts u? &tyxdant* *ilh and
Cornpany law r•]ufres Ihe T•Jstees ro wep*e f￿￿£¥al skatements ft* eath fironc4alyear, I￿*¢h glve a Irue and fail Vi
of ts stale ofoffaKs ot the charitrtle artl olthe ir*cffiNw resr*Jrces and awthCa1￿)n Or￿$￿j￿e$, indwfir¥J the
are requiral to..
ob5WVt Ihp ar¥J in the CIL4rth5 SORP 3)19IFRS IiY2I.
51ale whether appScable VK gantt*05 hade b8en to mètsAal departur•s
diwjosed and ¢Waned ift #* firbwal Ststern￿..
$TA7EPIW QF DI$CLQSURE OF VIFORIIAIKW T0AUDrr￿
ea¢he£qrfmbso ￿ as wÈare ¥*a￿lI*1..
AUD￿1)R5
. 2021

4DEPENDENT AUDITOR'S REPORT TO THÉ MÉMBERS OF
COVEMTrY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED 6Y GUARANTEE
We have audited the finanoal sraiefflents of Covenby and WaThitkshire Award Trust It￿ 'thariiabJe cornp•iy'l lor Ihe
year ended 31 Match 2021 the Slatemenl of Finan¢k?l AC￿eS. the 8alance Sheet and noles to Ihp
financid slalen%nt5. ￿￿￿dIng a swnnwry ol 5igrdficanl accountiry [*4￿e$. Fwckl rwting flaMe￿k Mal has
been aFpl*d in Iheir weparali¢)n and UniiÈd lQngdrffi AttsyJntin9 Stsndard$. I1￿lL1dlng Financial
Reporting Standard 102 The Final￿￿atR¢pM￿l1 Slandardo¥*th in thp uK￿rf Rep(A*c oflrel8ndlVnited Kirydom
Generaly Accepted Actéuniry Pr3cli¢el.
In our owion the finarfial $￿tern￿ls".
give a true lair of the stale ol Ihe charitable comwy s affaits as * 31 Marth 2021. and of ￿S incorniThJ
re50urees aTrJ appJKaknn of rewJ¢ces. ts incorne and 8xkwMli￿f8. year then ended."
have been prtyety prepartsl in •ct¢*d*Ke Unled Gewr4y Acown1M￿ Praclice., and
Basis for oplr4on
We ￿ndUC¢ed our audilin a￿dance￿I￿ ln1ematK￿￿ st￿￿¥￿$ on Audilry IIMI IISAS IUKII an¢J apph"cabl? kw. C￿r
rèsponsibilities under those stan(Jxts We furlher desr￿￿ed in the Auditt*'s re5p0ns1ts￿tse5 fc< the audit ol the financial
stslements seCtsc￿ ol reM)rt. W¢ are ind8pend&)i of the charitèwe eompany in aGcoFdance with Ihe ethiGa
requiremenls Ihal are felevanl to aLAliiof the finawal stslements in Ihe U%. In￿oing Ihe FRC'5 Eihical siafyjard. and
we have fuffilled our other elhKal r$sp(*s￿l11ÈS in wlh regLWW)ents. Wo believe Ihai the audrf
Con¢luslon5 relatin9 to concern
In authlir¥ the (￿l￿al siaiements. wè CO￿￿jdedIloI Ihe trustees. ￿e01th9 bays ol a¢mJn&ng i
the prepaiation of the financwl statrmeThts 15 appwrkate.
Based ￿ Ihe ￿￿k we have r*rformed. ￿ have rni identif*d any matsnal thc8rtaw*es relaiwig to events cy ¢tyditwyis
thal, i￿vIdua￿ or ccllectivety. may r4st ggrwkanl dwbl on Iho char￿a1)re crffipanvs a￿"ty lo ￿n1•nut ¥$ 8 9oln9
tor¢em fof a perv)d of ai rmntrts from wh*) ts fin¥*¥￿ $tsttments are auIknis￿ Ic¢ issue.
Ow respwsibifit4e5 and the resprywtshbes of the tnJ5tees *rylh to ¢M￿rn are de￿ri￿1 ￿ Ihe ￿leVant
secbons olihis rewL
Other information
The Tru5tee3 are respo￿tsIe for other infornalion. The olher Infrymalion c4)mwse5 Ihe rf¢)tmaiion Induded in the
Trustees. annua ieport. othw Ih&n the financial ststhmwlsand tyJr auttiior's Wtlweon. ￿ropinI￿ Ihe ffftanoal
ststsments does r￿t ￿ver Ihe othpr and. except lo extent othe￿iSe eWKily stated in our rep)rt. we do
not express any f¢nn ofassuW￿e COts¢bJ&￿ Ihereon.
r)Jr respwsd)ibty 15 tr* read Ihe ot￿r tiif<ymatirffi and. 50. £￿*￿er *tsther ts other iftknnakn is mawi
inconsisient wth the f￿an[la1 siatemen15 or wr kntrh*d9t otts￿￿ in the audit or 01he￿ appears lo te matenally
misst8led. If we identify such maiwial incwststencies or appareni material MISS￿￿ments. we are required lo delefmine
whether Ihere Is a malenal misstatemenl in ￿ financ41 Stsl8ff￿nlS or a ma*nal M￿$1318M$n1 of the other infotm*on.
tf. based on Ihe work we have perf(wmed. we cOnc￿e Ihal tr￿re is a rnalerd mis*lernenl ol lh￿ olher inform8lw. we
are requwed to ￿Frfthat Ixt.
We have to terth1 ￿ mis
Opinl•ns on olher matters preseribtd by th* Ciynpanies Ad 20Q6
In ouropinioTh. based 00 the Thrrk Lmderta*erb in the ￿[Se of a￿)rt..
th8 infomiation given in the In￿1&7$. rer#M litry¥rthThJ direi*5' rewtl for thE year fov wlHch the
rinotri¥ 5ta1ew￿ftts are prepared 15 C￿￿$18n1 with I￿￿a￿al staiem*ts'. and

WDEPENOENT AUDITOR'S REPOR T TO ThE MEM8ERS OF
OVENTRY AND wAR￿cKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUAPANTEE
Matters on which we are required to report by exceptlo
In Ihe light Ot￿r and UnderstalKh￿ ofthe charl*￿ ctyryany and irs enwonrnefit ot4ained ITr Ihecc4Jrse of
the avdTrt. wo have noi Sdentified m81eriai Thssiattrn￿l$ m the Th.lec￿$. repgrt.
We have noll*ThJ ¢0 report ￿ respeci ot Ihe ft4hMmig matters 10 Compani¢s Ad 2LX16 reqwes u5 10
reportto you if. In rvJr opuwi..
adequate acwjnbw reo)rds havè not beÉrt kw. ￿ re￿￿* •Jequats fL* not receNed trvn
brarKhe5 not v￿rted ty vs.. or
the finanoal st8￿Me￿I$ are ncl ￿ agreement with the at￿nti￿j records and returns," or
certain discknsures ol Diittttirs. spepw by nol mode..
we have not recewed ￿ Ihe intom)8bm eXF48naii￿ ** requwe lor ourautht",
the Trusiees W8fe not to prewe the $Werne￿ th aeoxdanr* tmih rh* small companie5. regime
ond lathe advanlage ol Ihe sfflall ccryaThes' exempb.tyis in preparir¥J Ihe L%"reclors' ￿K￿Yt and trom the reqwFement
lo prepare ? stralegc report.
Responsibilitt•$ of Trustees
As explained ffrfJre fully in Ihe reS￿*￿i￿e$ statÈmeni stt page 4. the Trustees I￿> are also the
Oiredor5 of the charilable company lor Ihe purF4)ses ofo)rnpany lawl are resp￿sIble lorthe pwparaliL*) of the financial
st31ernents forbeirw3 salysfiedthal Ihey gwe atrue and faifview. anLJ Irx s￿h nlernalcontr*Yasthe TrusleestJelem)ine
is necess*y its efia0￿ thp preparakn that ¥0 freo frthn rnalerk￿ fflisstalemenL *helher due to
fraud or errcrf.
In prnpann9 the fffjanci* ststhmenis. the Tlusiees we fesportsiblè for a$sesswwJ the chatthbk u*npany'5 ability to
conliwe as a gon9c(Micem, th5ck)yr*J. as ap￿Kable. matters rek4terttowrwJCo￿ern and ￿n9 the9tyrvJ concem ba$i%
of aCCO￿lir￿j ￿lesS the Truste25 ￿ther wiiend to Iv4uhlaie Ihe ¢*aFitabfe c¢ryany ry to cease rperabw5. or have no
e31istsc atternaiwe bul 10 ¢Jo so.
Auditor's responsibililies lor th* audtt of the finan¢i41 slatem¢n¢s
OJr obleclves are ￿ obtain reasL%)at4e aswrarta atoxrt ***iher thè statements * a are fret f¥orn
malerialmB51alerrenl. whether¢Jvetolr8vdoreryer. arnj ¢0 tssue anauthsyewt that irthJdes ouropinb)n. Re480ft8ble
assuran￿ is a hlgh levd ol assurarKe trtjl ks rKsl a guar3ntee Iha¢ an aLts*I COn￿￿ted in accorda￿ *ilh ISAS IUKI will
always delect a malerkql mi55lalernenl ¥¥hen il exisls. Mi55tatemonts ran arise from fraud or errw and a￿ ￿ns￿ere￿
material If. iThjiv￿1Uany ¢r in the aggreg8le. co￿￿ reasonably expÈded to influence the tr￿￿m￿ dec$ions of
user5 iaken on kne basis ￿ these fwwnci* Sts*ments.
Irrewlarilies. irKNJdki9 fraud, are InSts￿ of *ith Lws art# rewlaiMJiis. We desiw prctedures wi line
Ih our r•spon5iMitie$. ouVu*d abov¢. to deted rna1￿1#1 nMsstatem¢nts in re5pKI of 1ire9u￿ntlO5. ir￿￿￿n9 fraud. Th8
Specif￿ procedures for this eThJag•m&M ex*nt 10 Ihese We ￿Pable of dete￿r￿j irftr3ubritses. in¢hJO¥ig
fraud 15 ¢J8taW belw.
Er¥4uiry of monagemenL ond Ihose clwryed gryem¥KT *J potentwl Irfigati￿ aTrY cl¥"rr¢s'.
ETh4uwy ofentsty Stotrin l(> h1efifrfy any insi*Ke5 0ftstyKryn￿on¢¢ and reWlatic￿5'.
Review*ig financol s&3iemenl th"sc*5ures arnl test¥y b) ￿0￿Mental￿ lo ass*ss tomF4M*rte
8pph¢able la￿* and reguiAtions.
Perforry*ng auth¢￿rk over Ihe ofmwemrt<rrfeuKleol0)ni￿￿$. ￿lj￿9 *sbrKJ dp)urnal ￿tr¢S afvj oth¢r
8diustrnents oppr0pfk7te￿S$, eva￿tir￿j the ￿$¥￿$5 fdtiwle ol gwfKant transac1K¥￿ WtsK1e the normal
course olbusin¢55 iv4iwr¥ accounlry esiimale5 for trwas

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
COVENTRY AND wAR￿cKSHIRE AWARD TRUST
A COMPANY UIAITED BY GUARANTEE
Auditorf$ rnspon$ibilities for the audit of thè financial statements (￿ntI
Be¢8use of Ihe inherent l1mitatK￿s of an aLNltt, there is a rtsk that weW￿l nol detecl all irregularities, inchJdityJ Ihose leading
lo a matenal misstalement in the finanaal statements or n￿-(rAnp11ar￿e"th regulatton. This risk increases Ihe more
that compliance with a law or ￿gUlat￿)n is reTh￿led from the events and 1[ansa¢￿"0ns reflected in the finanoal sialements,
as WÈ will bè 1è5s likety to become awa￿ of InStsr￿*S of non-compliance. The risk is also greater regardiNJ Ir￿g￿laritIes
occurrin9 due lo fraud rather than error. as fr*Jd invoP4es intenti(xwl COr￿eaknent. fwgery. collusion, omission or
misrepresentation.
A further description of our reSpr￿Sibl1￿eS for Ihe autht of the ffinanrial statements ts I¢￿ated on tht Financial Reporting
Counal's website at: %M¥.fr¢.org.Ukl8uditorsre¥M￿Slbllitles. This description forms part of our auditorfs r&p<Ht.
This Teport is made sc4ely to the charitable company's rnembers. as a b(*Jy. In aCcl)rdar￿ with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit has been Ur￿ertaken sothatwe might 5tateto Ihe charitable company's members
those matters we are required to state lo them in an auditorfs rep)rt and for no other purpose. To the fullest exlent
pemitted by law. we do not a¢￿p1 or assume respM)nsibility lo anyone oiher than the charitable company and Ihe
charitable comparfs Mem￿ as a Ixjdy. for ow a￿lIt wryk. for this report. or for the opinions we have fomed.
Richard Miller FCA MA (Oxonl (Senior Stslutrxy Auditrfj
For and on behalf of Daffems LLP,
Chartered Accounlan¢s. Registered Auditors
One EaStA￿0d. Harry Weston Road"
Binley Business Park. Coventry. CV3 2UB
Oate.. 15 DecLmber 2021

COVENTRY AND WAR¥YICKSMIRE AWARD TRUST
A COMPANY uMrrEO BY GVAIIANfEE
STATEklENT Of FIIIANCIALAC71vinES
(kncl¥ding Incom• ènd Expenditur¢ A¢count)
FOR THE YEAR ENDED 31ST AIARCH 2021
Totsi
2021
Total
2020
In￿me and endowm•nts fwm:
Don4lK)ns and lÈgac*ps
Rttnl￿ income
Investments
128.7SI
43.554
33.591
55.9)7
128.750
43.554
33.591
55.9J7
1￿.(
258.517
32.204
370.397
T￿¥1 incrrfn• and •ndowm
261.799
261.799
761,118
xp•hdituN on:
Chanlabk expertdiWJr¢
olher expenditure
220.099
43.126
214.740
387,366
43.126
Total expeThd&ture
263.225
263,225
582.106
G8in I Ikxsl en revBluakn c4 ￿¥6$&￿e#l$
144.452
144.452
1118.1561
Net In¢¢me I lexpendlturel
143.026
. 143.026
,856
BaL4rw brou*t Imrd at 1slAprl 2020
2.058.208
1.670.9S1
3.729,159
3.fj68.303
8alances carried loThvard * 31st Klwch 2021
2.201.234
1,670.951
3.872,185
3.729.159
Irs¢¢mÉ *d èxpenthlur• is wtth allri￿&b￿ lo UnreStr￿edfi1rb)S pr¢¥iws y*•r.
The pages 10 to 17 fefft 01lhes¢ fv￿rth1 si*iementS

Chanty number 1151280
Company wmber 08270063
COVEIITrY AND WARWICKSHIRE AWAIID TRUST
A COMPANY uMrrED BY GUARAlffEE
BALANCE SHEET
AS AT 31ST IIARCH 2021
2020
FIXED ASSETS:
Tangible a55e15
In¥esthien
10
3.892.889
1.088.352
4.013.514
908.457
4.979241
4.921.971
CURRENT ASSETS:
DebliM5
Cash al and
12
2.166
236.851
IW.668
374.915
239.017
LESS.. CURREIIT LIABIWIES
CREDITORS". affMyJnts due
w¢#)in one year
13
{40.0621
1476.611}
MEf CllRRENT ASSETS
cRED￿oRs.. ￿m￿nIS av•
fflL¥E ttwi one year
198.
88.972
14
I1.￿011]
11281.7841
M￿AsSETs
3.872.185
3.729.159
FUNDS=
2201234
1.670.951
I1￿20#
1.670.951
15
3￿71185
3.729.159
Acl 2LXffj rew kn srnau CLV¥W8S ¥wJ Ihe FRSlffl

COVENTRY AND WARVIICKSHIRE AWARO TRUST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THe FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST IAARCH 2021
ACCOUPlnNG POLICIES..
lal General informatim and basis of prEparation
Coventry & WatwckslMrE Awar(l Trusl is 3 charyry incorporaied in Efiglond I Wales. In the event of the ch8rty
being up. the in respect of the gL4*ranlee is kniied lo £1 per n)ern￿r el charity. The address
of Ihe iegisler2d olfice is given in Ihe chaftty information on ptye 1 of I￿Se financial slaiemeni$. The nature ol
the charity's ¢peraw￿$ aThJ wirt4p#I aCti￿tieS ar* to maithn lacAiwes lor (￿reakn and Other
isure Ume cLcupaip)Th ofdisabled and able bodvj person
Thgrhantycon51itulesawt4K benefiientiiy as de[￿e{ by FRS 102.The finartial$ts*menb have b￿nprePared
in accordance wth k¢c￿tsn9 and Re￿￿1￿9 ty Chaiibes siaierneni ol Recorrtlrended Praclice applicable to
tharilies prepanry Iheir accowts in acc(*dante virfh the Finantyal Rel)￿Ing siandÈrd ap￿1£able In ihe UK and
Republie of IreWnd issued in O¢iobei 2019. Fioancial Regtirfw￿ siaNdard ap￿Kable in the UFuled ￿ngdorn
aTrl Repu￿rG ol lieland IFRS 1021. Ihe Charte5 Act 2011. the c£¥n￿rNeS kt 20￿ and VK Gener81y Acceple¢J
A¢￿UnI￿￿ p￿li(e.
The finaroal statements ￿ SKepa￿ on a gory u)rw bays ur*Jef ￿r￿al cost convention. modffied 10
inchjde certain lie￿ al fair vahje. The hnanual StaI￿nenIS are we5enled ￿ sierhng which is the funcbonal
currerty of the chanty at)d rtyJndtd io the nea￿st £1.
Thè s¥nifirAnl acc¢AtntiNJ appw in Ihe w¢paral*￿ rf Ihe5e slaterrents ate sel OLrt bdthy.
These ptlicies have been th)sisttnUy appketl lo al years wesenw unless Othe￿Se Ststed.
bl Fund$
General fund5 s￿ unresinded bj￿1$ wluth are avalab￿ for ￿ al Ihe di5￿ti￿ of the Trustees Y¢ furltsrance
of Ihe 9enwal obieclives c41he arKI vhmth h3¥e not been desffjnaW for olh2r pwp)ses.
Deslgnat¢d funds eunpiise unre$trKled fvr￿S thatba¥e lJe¢n set 49de by fv Trus￿$ for part*xrfw purposes.
T￿ airn and us• Of￿ (fes*3nated luTrl 6 $81 ¢xrf ￿ Ih? notes to Ihe fmncial s￿￿8n￿.
Reslndtd funds are wh￿h are to ￿ used in a¢¢orf￿ specific restrKl*ihs wnpDsed by donors or
h ha¥• been raised by ¢hecharity lor paiticular wFwJses. The cost ol raiyw and adm1rm￿erIny suth lund5
are tharged agaww the sp¢¢* Tl* im and use of earth rost￿ fiJTrJ is in the nobs to the
finan¢ial 51alefnenis.
cl Ineomè rt¢09nitron
Grants and Donations Recelvabl•
All donations. ￿antS afvj elhef sijnikr invjrnp arErwrsised when lh¢ chwity has lo the furth. any
perfomance ￿ld1th)n5 attached to Ihe iiernlsl of inme have beem met. it k4 pr{thb￿ Ihal income wdl be
received. ano Ihe anwni can be measured reliabty. SLKh is only deferred when..
$pe*fies th4lthe grwlor (k)Thakn￿ rn￿1 or* be used in future aCCo￿ting penr*Js. or
Ihe has Imposed ¢orHthtityts nWJSI ￿ mei beftre Ihe charity uncorKI￿lonal ¢n￿t￿ment
Incofflt from rtntsl adi¥itl¢s
Income Mitsl acts￿leS is inthd*l iht pernd to the &bvity i% ryobidBd.
Invastment Incon
Interes1 and inv¢skn¢AI irKon* 15 rocowd when recwvatle.
dl E¥p•n¢itUfe ie¢o9nition
l expenditure 1$ accounted on an accruals ba%s and has been clas$ffied underheadin95 Ihai agyr¢gaie all
costs rdaled to the catsgory. Expenthlw¢ Is recrgrdsed where there is a le981 oreonstructnie obligation lo make
Paymenis 10 thi￿ p￿les. il is probat)le knat fv setttewenl WAII be required. arvj Ihe wo1￿￿1 ollhe ot1￿38￿n can
be measured reliabty. 11 is cal*Jorised uTrJer the fol￿W￿l9 l*adin95".
Costs of ￿y&*n9 fvJn¢J5',
Exp¢nditUf¢ oft tharIa￿t acti¥it*s' and
Olher expenthlure represents those rtems not￿1r￿j into ts caiwes abo%*.
10-

COVENTRY AND VIARWICKSHNIE AWARD TRUST
A COMPANY LIMITEO BY GUARApnEE
NOTes TO THE FINANCIAL STATEAIENTS
FOR THE YEAR EMDED 31ST MARCH 2021
ACCOUNTING POLICIES Iwi¢l.'
dl Ex￿ndItuTe fKognilion l¢ontinu¢dl
Govemance costs. shw prole&swal fees. costs irwoknryj the accotsntakn.￿ oflhe
thaTty and its coWkirKo Tewlation and practic8. Thes& costs ￿GI￿le costs rdated lo staiulixy
a￿311 aThY Jog* lees.
•) Tan9lbl• Flxe<l Assets
Tang￿le fixed assets we capbb5ed and induded Bt cost except for The5￿0t prciyerty *hich al
valualw. Assels cowse ola￿51￿clI0n ￿d￿leS rel￿nt ¢Jevdwenl expenthiure.
Depreoatson 15 provwJe¢J al the lo￿￿1 rate5￿￿￿e￿￿￿rlle off exhassd over its ests"maled usefvl fife.
annual rates wropaM¥ used are".
Fixlures anO fftb"TrJs
- StraHJht line
Plant equiF¥iwt - 20% straghl hne
SpDrts equipr1￿1
. 20% 51rayhl
The property is bw¢¥J hebj prov￿￿)n ol social beneffit aThJ heTKe t5 dassifi*l as Piopety, PL*1 &
Eqyipmenl.
The Trustees CO￿1￿er thai Deprec4gted Rep18¢em8nt Cosi is iThe mostapp(wri8i&meiwc40gy forlhevalvalion
ot AT7 Cefitre. Given Ihe nalwe ol Ihe a55ets. ts Truslees be￿e¥* that t￿le no reliable m3thet vakje
rt*m8bon 8¥al8￿e ILY use.
n Inve5trneDts
Inveslments are r¥ogri5ed irltiaity 41 f¥ir *t¥¢ti is rKMn¥ly the trans4ctK￿ ex¢luding transaction
Costs. Stheouenity, they afe measured 81 fair value with ¢httvJes rec•yJtxsÈd in 'r￿ ga￿$ I lts)55e51 on
investment5. in Ihe SOFA rf shares are traded or treir lair ¥abJe w Olhen•ise te measured relrdbly.
her inveslrnenl$ are ff*asurrt al cosl ￿$$ Impairmeni.
81 D•btars and Creditors welvable I payable vAthln one y¢ar
Debl*y5 atvj ueditors *ith rK) interesi ral¢ and ptyablt *ilhin y¢ar are recryded ai
hl Operating Itat•s
Rentals paYa￿e afvj receivat4e w•J8rcwatwJ leases are charyed to th• SoFAon a stravjhl lir￿ b￿ts over tha
period of the ￿35¢.
il Tax
The tharity is an exeryl ch* wllmh the of$d￿kne 3 of th¢ char￿*sAct 2011 and 15 cM$idered Ip
pass the tests sei Out in 1 s¢￿ 6 2010 *¥J Ibe￿ it meets the definiboh of
¢haritab￿ Mmpany lor LIK mC￿all¢￿ lax pu¢poses.

COVEMTRY AND WARWKKSHIRE AWARD TRUST
ACOMPAIIY UMITED 8Y GUARANTEE
NOTES TO THE F￿ANCIAL STATEAIENTS
FOR TNE YEAR EIIDeD 31ST IAAKH 2021
COME FROM CHARITAOLE ACTIVITES:
Total
Totsi
2020
l¥ThJs
Renl recew8ble
Equipmert ientsl
C¢rnmerual Rws." ThEAJ¥i Hvjys Cen*e
129.410
29.107
ILSJ.OC#)
14,554
25.oto
14,554
2S.0
43.$54
258.517
INCOAIE FROkl INVESThENTS:
Total
21
Tothi
zo
ftsnds
Bank In￿$1 ￿CeIvab*
hw6slment intune
148
33.443
726
31.418
33.443
&3.591
33.591
I￿01￿8 from inwsknents is attntKrf8ble to Unrestrici•J fLfftds Mi yw.
OTHER INCOAIE:
Total
20Z1
fvRds
2020
The Wave reithV5￿Trt expendKive
Pmft on di%posal Ofegu￿fjt
Alan Hi99s Centre Prxil re(*ar9e5
12.6
12.680
354.987
15,410
42.827
42.827
400
55.907
55.907
370.397
Other irKfft 15 to Urw8sivthJ fl￿d5 in the year.
EXPENOITUREONCHARITABLE.. AcnvmES
Prole5sioTr* charye5
Sundry •xptrn$trs
Deprec>abon
Loan fftteresl
Insurance
12.376
2.497
129.765
56.553
16.9(
12,376
2,497
129.765
58,553
16.908
47,182
2.764
88.9
58,926
16.908
320.099
214.740
12-

COVENTRY AND WARWIICKSMkgE AIVARD TRusr
A COklPANY LthIITED BY GUAPAtirEE
NOTES TO FINANCiIL STATEAIENTS
FOR ThE YEAR eNDE0 31ST IIARCH 2021
OTHER EXPÉNOtruRE:
Rr4tri¢
nds
Tot41
2•21
Total
20
Th¢ Wave ex￿lI￿e
Alan HwJg$ Centre po¢4
35.173
7.953
35.173
7,953
359,714
7.652
43.126
43.126
367,366
OTHER DISCLOSURES..
2021
2020
Net In¢omln9 i•sour¢es is stated after¢harglng=
Oeprecialion
Profil on di$p)sal
Audiiors. rem￿￿￿"￿..
- Auoll seNKes
- Other serviees
Trus¢ees' expenses
Oirecltys, e￿￿￿ntS and thr benefts e*.
129.76S
88.960
15.410
1,400
1.315
790
No tDJslees (202tr. r¥l}rncer480 or expenses durirvj the year.
TAXATION:
No liability lo VK ￿rpO￿ti￿ tax arises on ¢)rykrwry athrytseskf b)e yea¢en￿j 31st Marth 2021 I￿10fthe year
ended 31st Marth 2020.
STAFF COSTS..
Therewwe rKs Pe￿￿$ by the Chwty thoorni y¢atarnJ year.
10.
TA14GiBLE FIXEO ASSÈTS:
L•asohpld
Land
Total
COST..
Al illA￿l ZOZO
Addilw$
DisP05al
4C#).(W 3.088.3eo ￿5,14$
535.155
9.141
93.636 4.322.316
9.141
Al 31* Marth 2021
.C(KI 3.068.380 205.145 544.296
93.636 4,331.457
DEPRECIAMON..
At 111 Apfit 2020
Chafge lor the ye
EfimiThalion on thsposal
194.31Z
7.817
89.087
102,607
25.401
19.341
308.803
129,765
At 31* Mwch 2021
202.129
191,694
44.745
438.568
NET BOOK VALUE:
Al 31¥ M￿h 2021
.(th 3.088.380
3.016
352.602
48.891 3.892.889
At 31W M¥ch 2tr20
400.iyxl 3.088,3
10.833
446.069
68.232
4.013,514
13

COVENTRY AND WAR￿￿KSHIRe AWARD TRVST
A COMPANY LlkllTED BY GUARANTEE
NOTES TO THE FINANCi4L STATEIIE14TS
FOR ThE YEAR ENDEO 31ST IAARCM 2021
10.
TANGIBLE FIXED ASSETS I￿ntInued1.
The lan¢ cowisirya 1.11 acres by the Co¥entry and Warwckshtre Award Trust Ss shown ai Ihe nominal
£1 on$ideraiw paid by Tw51. Cènlre AT7. a sprKts cen￿ wilh an 0ri9in81 total tloor area of 24.(KIO squart
feel was built on the land aThJ ¥rd5 fthded entirely ty Ihe Pr￿￿rne. loiTh￿y fina￿> by Ihv Goverfimenl
ano Coventry City Cou￿al. The exte￿100 10 the ¥*irtscentrewas compltrted In 1999 andwas funded by a granl
from Ihe EntyLsh Sports
The I￿￿ and bU*￿Ing$ are not Sho￿ ai market v*ue. Tr treetthj rv4ersim was ukiyeyed to the Trust fry #
nemmal consÉef8bon the Ih*t it canrd be disposed ol for tr￿ Va￿e. ThÈ Trustees therefore
Cr￿Sider. haviry tsken wofessiw41 ￿1¥1¢¢. Il is approyial8 ￿ cwry Ihe prop*ty at its ￿rThna1 v￿LIa of £1 pa
fu the laTrJ plus Ihe exF*nthlure the exlens¥Ji as abtsve.
On IP Marth 2016. thE kry12asehJkJ and t¥JikJing$ kntr*n as Hiws Centre were Iransferred by
Ihe ￿3￿ É¢Jwafds Higgs ChaAty Ks C¢veniry WaTh*Kk5hire Awdrd Tw51 ft)T Crms￿2ra[l￿ subjecl lo
resiricle¢J CfNenanis. The lease is Iw 150 yeats from 17th SeMemter 2W3. This propety Tha$ £NI Value in Ihe
account Al Ihis same dale. 17th Ilarch 2016. a charge on the k)rg leasehojd land and t*Jibthr¥s krthvn as Ihe
Alan Higjs Centrè was regÉt8red in fav(wh ortheA￿n Efvrds cha1￿y.
LeaseWd development Costs relate to cosl for c￿Sent ior cerfain devewnerts on pan of the siie ai The
Alan HKJg$ C8nire. These ate caNied ai cost ar￿ De amth5eo k.le ofany fUbj￿ develokxnenl.
In 2018 a new in&Jor pitth was I￿1￿ at TheAlan HHJ9s Cer*& al a cost of £1.4fft.
IVESTUENTS..
Value as at 1￿ 2020
Addibons
Oivid8nd5 r¢4nvesled
RevalL￿1￿)ft
9)8.457
33,443
144,452
Vthe at 31* M￿h 2021
1,086.352
InveslmenL8 41 fairvalue ccrfnrrftse".
Fixed interest
Equities
Other
Cash inveslmenl
S12.277
357.4
156,615
1.086.3S2
14

COVENTRY AND wAR￿7CKsm￿7E AWARO TRUST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THÈ FINANCiAL STATEMENTS
FOR THE YEAR EPIOED 31ST IAAftCH 2021
12.
DE8TORS=
2021
2020
Trade debtors
Olhw delknr5
122.829
67.839
2.166
2.166
19).668
13.
CREDITORS.. amounts l*lllhg withln om year
Z021
20ZO
Loan
Deferred thcomt
Trade CrethI￿S
Accruals
Other cr•liiWS
20.16S
4.0
13.694
2.200
AO.336
4.wo
430,075
2.20Q
40,062
476.611
14.
¢REDffOR$: amounts fallin9 due after more th•n •ne y¢¥r
2021
3Q20
1.162,011
144.(IXI
1.133.784
148.000
Dele￿¢d intt¢ne
1.306.011
1.281,784
The kjan 15 rEpayatrAÈ over 30 ye*s and ￿ter*s1 istharydat 5%.
TNry baft Uldude5 £1.Cl)1.167 *tAGh after filt are payaU* by inst*nents.
The knan 15 S￿red by a ftoatiThJ rharge o¥*r assetsolihe char¢¥.
15.
DEFERRED INCOME=
2021
2020
Balance 1 Awl 2020
Re￿a5¢ to durnw y
148.(X)J
4.(KJO
152.ocr*
4.0
BaL**e 31 M•rt* 2021
144.cfjo
148.000
Due year
DL* ¥￿thIn I-S year5
Chje after S yea
4.ty)0
12,DJO
128.ClJO
144.CQ)
l•ase.
15

COVENTRY AND WARIWCKSHIRE AWARD TRUST
A COUPAMY UIIITEO 8Y GUARANTEE
MOTES TO TME FIIIANCLAL STATEAIEPITS
FOR THE YEAR ENOED 31ST MARCH 2021
16.
RESTRICTED FUMDS..
rne E¥pendtture
B4ane•
31 M41th 2021
l April 2DZ•
Proiecl fund
1.670.951
1.670,951
The ProJ"ecl lund wreseAts the 4rN¥Jni expÈrth4 m the ￿￿A¢1¢4 eypansim ol the AT7 s[￿rtS centre aflef
deduthng rdaled dek¥etiakn). The expansm was mainty lunded ty • yranl Irom the Erylish Sport5 c0J￿4.
17.
ANALy￿s OF NET ASSETS BETWEEN FUNDS..
Resth¢
lurtd
Fund balances al 31st 2021 repr8senle•J ty.
lThveslm¢ni$
Tangible fixed assets
Nei curr￿1 assets
Lwg tem Ik*ili
1.086352
2221.938
198.955
1,086.352
3.892.889
198.955
11.306.011)
1.670.951
Total nei assets
2.201.234
1.670.951
3.872.185
18.
RELATED PARTY TRAM5ACTIOMS:
There are Tr) rotsled pty Ir*wctions ￿ the year12020." frt￿).
19.
OPERATING LEASE COMhlTIAEPIT$:
Lessor
Tho Alan Hffjgs Cefilre has b••Tr IAa5ed to CO¥￿ Sports Fwnd*Aon 7 Maf¢th 2016 10 31 March 2060.
The ieCwVab￿ ts £50.(0) pÈr annum.
Sporting ha5 been kased lo Covenlry Spthts Foundat#￿ uThJer Yarious *Jreernenls ending
between 2021 and 2024. Th* rent rrfeivabkn is £86.¢XKI per annurn.
16-

COVENTRY AND WARwfcKSHIRE AWARD TRUST
A COMPANY LIthITfED BY GUARANTEE
OTES TO THE FINANCIAL $TATEIIENTS
FOR THE YEAR ENDED 31ST PAARCH 2021
2Q.
CA?￿AL COIAMrrMENTS
2021
2020
21.
FUNDRAISING REGIILATOR sfATEMEPITOF COMPLIANCE:
CoveNry and Wa￿￿(*$h￿e Awwds Tru5l¢Joes Ml t4)￿1￿1 to 8 ilird party trj ￿dertAke any funtharsirwJ on ils
beha￿. The tharitydoes M¢em[￿ 8 FunrknBry Olff(w. W8 hwe received M fuTrJrwthg corn￿0￿ts durln9
Iht yeaT.
17-