COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
Charlty numb•r 1151280
Company number 08270063
INDEX TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
PAGE
Company Infomation
Report of the Directors
Independenl Audilorfs Report
Statement of Financial Activities
Balance Sheet
Noles lo the Financial Statements
10
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1711212025
COMPANIES HOUSE
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COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025
DIRECTORS
Earl of Aylesford
P. J. Dick
M. A. E. Whitehall
O. Moorcroft
SECReTARY
P. N. Breed
REGISTERED OFFICE
Xcel Leisu￿ Cenlre,
Mitchell Avenue,
Canley.
Coventry.
CV4 80Y.
REGISTERED COMPANY NUMBER
08270063 (England and Wales)
REGISTERED CHARITY NUMBER
1151280
AUDITORS
Dafferns Audit Limited
One Eas￿oOd, Harry Weston Road,
Binley Business Park,
Binley.
Coventry,
CV3 2U8.
BANKERS
Nalwesl Bank Plc.,
Coventry City Office,
24 Broadgate.
Coventry,
CV1 1ZZ.

COVENTRY ANO WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST MARCH 2025
The Directors, who are also Trustees. present their report with the financial statements of the charitable company for the
year ended 31 sl March 2025.
PRINCIPAL ACTIVITY
The principal activity of Ihe company in the year under review was the provision of sports and leisure and destination
facilities for people within 2 fully ac￿ssible setting.
DIRECTORS
The Directors who have sepied during the year and since the year end were as follows..
Earl of Aylesford
P. J. Oick
M. A. E. Whitehall
D. Moorcroft
ADMINISTRATIVE INFORMATION
The company is governed by ils Memorandum and Articles ofAssocialion. Company Number.. 08270063.
The company is a registered charity {No. 11512801.
CHARITABLE 08JECTIVES
These stale that the overall objective is to provide and maintain facilities for the recreation and other leisure lime occupation
of disabled and able bodied persons.
POLICIES TO ACHIEVE OBJECTIVES
To promote for the benefit of the public the provision of sports facilities and opportunilies through Coventry Sports
Foundation and CV Life, who in turn deliver a range of inclusive experiences.
Centre AT7, the Xcel Leisure Centre, Moat House Leisure and Neighbourhood Centre and the Alan Higgs Centre -
community leisure and recreation cenlres that specifically programme and price activities lo attract participation from
disabled and other under-T8p￿Sen1ed groups in identified areas of deprivation within Coventry.
The Wave - a destination walerpark venue, which includes some of the fflosl innovative inclusivity and accessibility
design of any modem waterpark.
In addition to the facility-based provision of sport from it5 facilities, the Foundation piovides opportunities and
experlences through a number of initiatives and outreach programmes..
Go CV- Coventry Sports Foundation has worked with Coventry City Council lo develop, test and implement
new city-wide access and loyally scheme, which seeks to provide beneficial use to people from Coventry.
Community Oevelopment - the Foundation is unique in so far as it intemalises the function of Gofflmunrty
development within a specific department, lo ensure thal a wide range of sports, activity and performing arts
programmes are researched, programmed and delivered al a neighbourhood level.
Access - the Foundalion delivers numerous events, tournaments and coaching programmes for disabled
groups and individuals, along with activities to ensure that access to physical activity and well-being
programmes reaches Ih03e that are most under-represenled.
The Trustees have had regard to Charity Commission guidance on public benefit.

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST MARCH 2025
ORGANISATIONAL STRUCTURE
The Board of Directors are responsible for Ihe operational and financial management of the Trust.
New Oirectors are recommended by individual directors and their appointment confirmed at a Directors, meeting.
Upon the appointment of any new Directors, a full and bespoke induction process is planned in order to ensure complete
farniliarily and understanding of the Trust's objectives and operation and the roles and responsibilities of the Directors.
PAY AND REMUNERATION OF KEY MANAGEMENT PERSONNEL
The company employs no staff. The Cofflpany Secretary acts as its key management and overseas day lo day activities
through his role as Chief Executive Officer of Coventry Sports Foundation.
ACTIVITIES ANO ACHIEVEMENTS DURING THE YEAR
The Trust conlinu8d lo secure levels of charitable fundin9 in support of 113 objeclives.
The Trust finalised the Lease and asswiated agreemenls with Coventry City Council throughout the year and continued
ils rental and equipment leasing charges to Coventry Sports Foundalion.
FINANCIAL REVIEW. RISKS AND RESERVES POLICIES
The results for the year and financial position of the company are shown in the annexed financial statements. The Charity's
assets continued to be used for the Trust's objectives.
The majority of the Trusvs income is nomially in Ihe fom of rent received from Coventry Sports Foundation in ￿SPeCt of
Centre AT7 and the Alan Higgs Centre and the Trustees consider this income to be relatively secure for the future. In
addition to this. the Trust receives a significant annual donation from one benefactor and the Trustees are conscious of
the inherenl nsks that this presents. should funding from this source be reduced or withdrawn.
The Trustees are mindful of their re5ponsibililies for the repair, replacement, and ￿neWa1 of any major capital items within
the premises of Centre AT7 and the Alan Higgs Centre and consider the current level of free reseNes of £2,222.571, being
unreslricled investments and net current assets to be sufficient lo finan￿ ongoing capllal replacements lo maintain the
standard of its Premises This figure excludes the long-term liability of £1,079,509 which is to be paid quarterly over 30
years from income generated.
PLANS FOR THE FUTURE
The Trusl will continue to work with Coventry Sports Foundation throughoul the year lo monitor the impacl of the current
economiG and cost of living challenges, which are pressurising consumer spend and choices.

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST MARCH 2025
STATEMENT OF TRUSTEES'IDIRECTORS. RESPONSIBILITIES
The Trustees (who are also Directors of Coventry and Warwickshire Award Trust for the purposes of company law) are
responsible for preparing the Truslees. Annual Report and Ihe financial stalemenls in accordance with applicable law and
United Kingdom Accounting Stsndards (United Kingdom Generally Accepied Accounting Practice).
Company law requires the Trustees to prepare financial slalements for each financial year, which give a Irue and fair view
of the slate of affairs of the charitable company and of the incoming resources and application of resources. including the
income and expenditure. of the charitable company for that period. In preparing these financial stalemenls. the Trustees
are required to..
select suitable accountin9 policies and then appty them Consistently;
observe the methods and principles in the Charities SORP 2019 (FRS 102)..
make judgements and estimates that are reasonable and prudent..
slate whether applicable UK Accounting Standards have been followed. subject to any material departures
disclosed and explained in the financial statements;
prepare the financial slalements on Ihe going concern basis unle$5 It is inappropriate to presume that the
charitable Company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al any time
the financial position of the charitable company and enable them lo ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for
taking reasonable sleps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financi81 inforrnalion included on the
charitable company's website. Legislation in the United Kingdorn governing the preparation and dissemination of
financial slalemenls may differ from legislation in other jurisdictions.
STATEMENT OF DISCLOSURE OF INFORMATION TO AUDITORS
We, the Directors of the company who held office at the dale of approval of these financial statements, as set out above,
each confirm so far as we are aware that..
there is no relevant audit infomialion of which the company's auditors are unaware,. and
we have taken all the steps that we ought to have taken as Directors in order to make ourselves aware of any
relevant audit informallon and lo establish that the company's auditors are aware of that information.
AUDITORS
The auditors. Dafferns Audit Limited, will be re-appointed at the forthcoming Annual General Meeting
The report of the d1￿ClorS has been prepared taking advantage of the small companies. exemption of section 415A of
the Companies Act 2006.
ON BEHALF OF THE BOARD
O. Moorcroft - Director
Dated.. 10th December 2025

INDEPENOENT AUDITOR'S REPORT TO THE MEMBERS OF
COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
We have audited the financial statements of Coventry and Wativickshire Award Trust (the 'charitable company.) for Ihe
year ended 31 March 2025 which compnse the Stslement of Financial Aclivilies, the Balance Sheet and notes to the
financial statements. including a summary of significant accounting poliaes. The finanaal reporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Finanual
Reporting Slandard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (Unrted Kingdom
Generally Accepted Accounting Practi￿).
In our opinion the financial statements..
give a true and fair view of the slate of the charitable company's affairs as al 31 March 2025, and of ils incoming
fesources and application ol resources, including ils income and expenditure, for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Pradice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Bas18 for opinion
We conducted our audit in accordance with Inlernalional Standards on Auditing {UK) {ISAs (UK)) and applicable law. Our
responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial
slatemenls section of our report. We are independent of Ihe charitable company in accordance with the ethical
requirements Ihat are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard. and
we have fulfilled Our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appiopriate to provide a basis for our opinion.
Con¢lu8ions relating to going concern
In auditing the financial slalemenls, we have concluded that the trustees, use of the going ￿ncern basis of accounting in
the preparation ol the financial statements is appropriate.
Based on Ihe work we have performed. we have not identified any material ￿n￿rtaInlieS relating lo events or conditions
that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going
concern for a period of al least twelve months from when the financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in Ihe relevant
sections of this report.
Other infomiation
The Trustees are responsible for the other infomation. The other infofmation comprises the infomiation induded In the
Trustees, annual report, other than the financial slatements and our auditor's report Ihereon. Our opinion on the financial
slalemenls does not cover the other infomiation and, except lo the extent otherwise explicitly stated in our ￿pOrt, we do
nol express any fom of assurance conclusion thereon.
Our responsibility is lo read the other infomiation and. in doing so. consider whether the other information is materially
inconsistenl with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to determine
whether the￿ is a material misstatement in the financial statements or a material misstatement of the other inforfflation.
If, base(l on the work we have perfomied, we condude that there is a material misstatement of this olher information, we
are required lo ￿POrt that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the tfuslees, report (incorporating ihe directors, report) for the financial year for which the
financial slalements are prepared is consislent with the financial statements; and
the directors. report has been prepared in accordan￿ with applicable legal requirements.

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not identified material misslatemenls in the Directors, report.
We have nothing to report in respect of the following matters in relation to which the Companie5 Ad 2006 requires us lo
report to you if, in our opinion-.
adequate accounting records have not been kept, or returns adequate for our audit have not been received from
branches not visited by us. or
the financial statements are not in agreement with the accounting records and returns- or
certain disclosures of Directors. remuneration specified by law are not rnade., or
we have not reckived all the information and explanations we require for our audit; or
the Trustees were not entitled to prepare the financial slalements in accordance wilh the srnall companies, regime
and lake advantage of the small companies. exemptions in preparing the Directors, report and from the requirement
to prepare a strategic report.
Responsibilities of Trustee8
As explained more fully in the Trustees, responsibilities statement set out on page 4. the Trustees (who are also the
Oireclors of the charitable company for the purposes of company lawl are ￿sponSible for the preparation of the financial
statements and for being satisfied that they give a tiue and fair view, and lor 5uGh Internal conlrol as the Trustees determine
is necessary to enable the preparation of financial statements that a￿ free from malerial misstaiemenl, whether due to
fraud or error.
.In preparing the financial slalements, the Trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis
of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no
realistic alternative bul to do so.
Auditor's responsibilities for tho audit of the financlal ststements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misslalement. whether due to fraud or error. and lo issue an audilorfs report that inGlude5 our opinion. Reasonable
assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will
always delecl a material misstalemenl when It exists. Misslalemenls can arise from fraud or error and are considered
material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of
users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and ￿gUlatiOns. We design procedures in line
with our responsibilities. outlined above, lo delecl material misstatements in respect of irregulanlies, induding fraud. Th8
specific procedures for this engagement and the extént lo which these arè capable of detecting irregularities. including
fraud is detailed below..
Enquiry of management. and those charged with govemance around actual and potential litigation and claims:
Enquiry of entity staff in compliance functions lo identify any instances of non-cofflp11an￿ with laws and regulation5;
Reviewin9 minutes of meetings of those tharged with governance-
Reviewing financial statement disclosures and testing lo supporting documentation lo assess compliance with
applicable laws and regulations.
Performing audit work over the risk of management override of controls. including testing of journal entries and other
adjustments for appropriateness, evaluating the business rationale of signfficant transactions outside the normal
course of business and reviewing accounb.ng estimates for bias

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
COVENTRY AND WARWICKSHIRE AWARO TRUST
A COMPANY LIMITED BY GUARANTEE
Auditor's re8ponsibilities for the audit of the financial statements {¢ont)
Because of the inherent limitations of an audit, there is a risk Ihal we will not detect all irregularities. including those leading
to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more
that compliance with a law or regulation is removed from the evenls and transactions reflected in the financial slalements,
as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities
occurring due lo fraud rather than error, as fraud involves intentional concealrnent, forgery, collusion. omission or
misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council'5 website at.. www.frc.org.uklauditorsresponsibililies. This description forms part of our auditor's Teport.
This report is made solely lo the charitable company's members, as a body, in accordan￿ with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the charitable company's members
those matters we are required lo stale lo them in an auditor's report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility lo anyone other than the charitable company and Ihe
charilable company's members as a body, for our audit work. for this report, or for the opinions we have fonned.
Geoffrey Cox BA FCA (Senior Statutory Auditor)
For and on behalf of Daffern5 Audit Lirniled.
Chartered Accountants, Registered Auditors
One Eastwood. Harry Weston Road
Binley Business Park, Coventry, CV3 2U8
Date..

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
(Includlng Income and Expenditure Account)
FOR THE YEAR ENDED 31ST MARCH 2025
Unrnstrict•d
funds
Restricted
funds
(Note 141
Total
202S
Total
2024
Income and endowments from:
Donations and legacies
Renlal income
Investments
100,000
296,586
70.837
100.000
296,586
70,837
101.500
290.110
73.000
Total in¢om• and endowments
467,423
467.423
464.610
Expendlture on:
Investment Managers fe8
Chantable expenditure
8.541
164.922
8,541
164,922
8,297
255.022
Total èxpenditurn
173.463
173,463
263,319
Gainl{Loss) on revaluation of investments
7.689
7.689
(68,892>
Net income
301,649
301,649
132.399
Balances brought forward a11 $1 April 2024
2,716.855
1,670,951
4,387.806
4.255.407
Balances ￿rried fopward at 31 st March 2025
3,018.504
1.670.951
4,689,455
4,387,806
Income and expendilure is wholly attributable to unrestncted fvnds in the Previous year.
The notes on pages 1010 16 form part of these financial statements

Charity number 1151280
Comparby number 0827¢XI63
COVEPITRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS AT 31ST MARCH 2025
2025
2024
Notes
FIXED ASSETS:
Tangible assets
Investments
Cash awaiting investment
3,546.393
1.086,074
17.797
3,542.840
1,043.555
18.609
4,650.264
4,605,004
CURRENT ASSETS
Debtors
Cash at bank and in hand
10
59,369
1,291.530
117,774
1.037,946
1.350,899
1,155,720
LESS: CURRENT LIABILITIES
CREDITORS.. amounts falling due
within one year
1232,199)
(246,350)
NET CURRENT ASSETS
1,118,700
909,370
CREDITORS.. amounts falling due after
more than one year
12
11,079.509)
{1,126,568)
NET ASSETS
4,689.455
4,387.806
REPRESENTEO BY:
FUNDS..
Unrestricted
Restricted
3.018,504
1,670,951
2,716,855
1,670.951
14
4,689,455
4,387,806
These financial slalemenls have been prepared in accordance with the special provisions of Part 15 of the Companies
AGI 2006 relating lo small wmpanies and with the FRS102.
The financial slatemenls were approved and authorised for issue by the Board on 10 December 2025.
ON BEHALF OF THE BOARD:
D. Moorcroft - Director
The notes on pages 10 to 16 form part of these ffinancial statements

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES:
la) General information and basis of preparation
Coventry & Warwiekshire Award Trust is a charity incorporated in England I Wales. In the event of the charity
being wound up. the liability in respect of the guarantee is limited to £1 per member of Ihe charity. The address
of the registered office is given in the charity information on page 1 of these financial statements. The nature of
the charity's operations and principal aclivilies are lo provide and maintain facilities for the recreation and other
leisure ts'me occupation of disabled and able bodied persons.
The chaiity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared
in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to
chartties preparing iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom
and Republic of Ireland IFRS 102), the Chanlies Act 2011. the Companies Acl 2006 and UK Generally Accepted
Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified lo
include certain items al fair value. The finanaal statements are presented in sterling whith is the functional
currency of the charity and rounded to the nearest £1.
The significant accounting policies applied in the preparation of these financial slalemenls are set out below.
These policies have been consistently applied to all years presented unless othe￿iSe slated.
b) Fund8
General funds are unrestricted fijnds which are available for use al the discretion of the Trustees in furtherance
of the general objectives of the Charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes.
The aim and use of each designated fund is set out in the notes lo the financial stalements.
Restricted funds are funds which are to be used in accordance with specific reslriclions imposed by donors or
which have been raised by the charity for particular purposes. The cost of raising and administering such funds
are charged against the speofic fund. The aim and use of each restricted fund is set out in the notes lo the
financial statements.
c) Income recognition
Grants and Donations Receivable
All donations, grants and other similar in¢offle are recognised when the charity has enlillernenl to the lund3, any
perfomance conditions allached lo the item(s) of income have been mel, it is probable that income will be
received. and the amount can be measured reliably. Such is income is only deferred when..
the donor specifies that the grant or donation musl only be used in future accounting periods, or
the donor has imposed conditions which musl be met before Ihe charity has unconditional enlillemenl
Income from rental activities
Income from rental activities is included in the period lo which the aclivty is provided.
Investment income
Interest and investment income is recognised when receivable.
dl Expenditure recognition
All expenditure is a¢¢ounled for on an accruals basis and has been classffjed under headings that aggregate all
costs related lo the category. Expenditure is recognised where there is a legal or constructive obligation lo make
payments to third parties, il is probable that the settlement will be required. and the amount of the obligation can
be measured reliably. 11 is calegorised under the following headings..
Costs of raising funds.,
Expenditure on ¢harilable aclivilies., and
Other expendilure represents those items nol falling into the categories above.
io-

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES {contl:
dl Expenditure recognition Icontinuedl
Governance costs. shown within professional fees, Comprise all costs involving the public accounlabilily of the
harity and ils compliance with regulation and good practice. These costs include costs related lo ststulory
audit and legal fees.
el Tangible Fixed Assets
Tangible fixed assets are capilalised and included at cost except for investment property which is included at
Valuation. Assets in the course of construction includes relevant development expenditure.
Depreciation is provided at the following annual rates in order to write off each asset over its e51imaled useful life.
The annual rates prinGipally used are..
Fixtures and fittings
20Yo Straight line
Plant and equipment 20Y• Straight line
Sports equipment
20Yo Straight line
The propety is being held for the provision of social benefit and hence is classified as Property, Plant &
Equiprnenl.
The Trustees Consider Ihal Depreciated Replacement Cost is the most appropnate methodology for the valuation
of AT7 Centre. Given the nature of the assets, the Truslees believe that there is no reliable market value
information available for use.
fj Invesbnents
Investments are recognised initially al fair value which is normally the transaction price excluding transaction
costs. Subsequently, they are measured 81 fair value with changes reC￿gnISed in 'nel gains l (losses) on
investments, in the SOFA if the shares are publicly Ir8ded or their fair value can othe￿iSe be measured reliably.
Other inveslmenls are meaSU￿d al cost less impairment.
gl Oebtors and creditors recelvable I payable within one year
Debtors and creditors with no slated interest rale and receivable or payable within one year are recorded al
Iransaction price. Any losses arising from impairment are re￿gnised in expenditure.
h) Operating leases
Renlals payable and receivable under operating leases a￿ charged to the SOFA on a straight line basis over the
period of the lease.
il Tax
The charity is an exempt Gharity within the meaning of schedule 3 of the Charities Act 2011 and is conSide￿d to
pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore il meets the definition of a
charitable company for UK corporation tax purposes.

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
INCOME FROM CHARITABLE ACTIVITIES:
Unrestricted
funds
Restricted
funds
Total
2025
Total
2024
Rent receivable
Equipment rental
Commercial Rights.. The Alan Higgs Centre
154,000
42,586
100,000
154,000
42,588
100.000
129,000
61,110
100,000
296,586
296.586
290,110
Income from Charitable activities is wholly attributable lo Unrestricted funds in the previous year.
INCOME FROM INVESTMENTS:
Unre8tri¢t•d
funds
R¢$trlcted
funds
Totsl
2025
Total
2024
Bank interest receivable
Investment income
28,277
42,560
28,277
42,560
19,571
53.429
70,837
70,837
73,000
Income from investments is wholly attributable to Unrestricted funds in the previous year.
EXPENDITUREONCHARITABLE: ACTIVITIES
Unrestrictod
funds
Restrlcted
funds
Total
2025
Totsl
2024
Professional charges
Sundry expenses
Depreciation
Loan interest
Insurance
9,248
9,248
45,004
54,819
50.999
49,850
54,819
50,999
49.850
110,321
53.172
46,514
164,922
164,922
255,022
Charitable expenditure is wholly atlribulable to Unrestricted funds in the previous year.
OTHER DISCLOSURES:
2025
2024
Net incoming resources is stated after charging.,
Depreciation
Profit on disposal
Auditors, remuneration=
Audit services
Other services
Trustees, expenses
Directors, emoluments and other benefits etc.
54,819
110,321
1,825
1.360
1,735
1,295
No trustees (2024= nil) received either remuneration or expenses during the year.
12-

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31ST MARCH 2025
TAXATION:
No liability to UK corporation tax arises on ordinary activities for the year ended 31st March 2025 nor for the year
ended 31st Marth 2024.
STAFF COSTS:
There We￿ no persons employed by the Charity during the Current year and previous year.
TANGIBLE FIXED ASSETS..
Pro
L8a$èhold
develo
men
C05
and an
ulldin
ort•
ui
COST..
Al 1st April 2024
Additions
Disposal
400.0(NJ 3,088,380 205.145
546.112
93,636 4,333,273
58,372
58,372
At 3111 March 2025
400.CQO 3,088,380 205,145
546,112 152,008 4,391,645
DEPRECIATION:
Al 1 W April 2024
Charge for the year
Elimination on disposal
205,145
496,155
49.593
89,133
5,226
790,433
54,819
At 3111 March 2025
205,145
545,748
94,359
845.252
NET BOOK VALUE:
At 3111 March 2025
4Crf),000 3,088,380
57,649 3.546.393
At 319t March 2024
41JO.000 3,088,380
49,957
4,503
3.542,840
The land comprising 1.11 acres owned by the Coventry and Warwickshire Award Trust is shown al the nominal
£1 consideration paid by the Trust. Centre AT7, a sports centre with an original total floor area of 24,000 square
feet was built on the land and was funded entirely by the Urban Programme, jointly financed by the Government
and Coventry City Council. The extension to the sports centre was completed in 1999 and was funded by a grant
from the English Sports Council.
The land and buildings are not shown al market value. The freehold reversion was conveyed lo the Trust for
nominal consideration with the restriction that it cannot be disposed of for Irue value. The Trustees therefore
consider, having taken professional advice. it is appropriate lo carry the property al its nominal value of £1 paid
for the land plus the expenditure on the extension as above.
On 1Ph March 2016. the long leasehold land and buildings known as The Alan Higgs Centre were transferred by
the Alan Edwards Higgs Charity to Coventry and Wamickshire Award Trust for £Nil consideration subject lo
reslricled covenants. The lease is for 150 years from 171h September 2003. This property has £Nil value in the
accounts. At this same date, 171h March 2016, a charge on the long leasehold land and buildings known as the
Alan Higg5 Centre was registered in favour of the Alan Edwards Higgs Charity.
Leasehold development costs relate to the cost for consent for certain developments on part of the site at The
Alan Higgs Cenlre. These are carried at cost and will be amortised over the life of any future development.
In 2018 a new indoor pitch building was built al The Alan Higgs Centre at a cost of £1.4m.
13

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
INVESTMENTS:
Llsted In¥￿tment$
Value as at 1s1 April 2024
Purchases
Sales proceeds
Revaluation
1,043.555
460,633
(425.803)
7.689
Value at 31# March 2025
1,086,074
Investments at fair value comprise..
Flxed interest
Equities
Other
Money Market
331,422
540.050
154,602
60.000
1.086.074
10.
DEBTORS:
2025
2024
Trade debtors
Other debtors
VAT
1.940
54,850
2.579
108,715
9,059
59.369
117,774
11.
CREDITORS: amountg falllng due withln one year
2025
2024
Loan
Deferred income
Trade creditors
Accruals
Other creditors
40,595
91,500
96,919
3,185
40,595
60,250
128,229
3,030
14,246
232,199
246,350
12.
CREDITORS: amounts falling due after more than one year
2025
2024
Loan
Oeferred in￿rne
951,509
128,000
994,568
132,000
1,079.509
1,126.568
The loan was repayable over 30 years and interest is charged at 5Yo, and has 25.5 years remaining.
The loan indudes £789,131 which falls due after five years and is payable by inslalments.
The loan is secured by a floating charge over the assets of the tharity.
14

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
13.
DEFERRED INCOME:
202S
2024
Balance 1 April 2024
Release to income during year
Additions
192,250
(60,250)
87.500
196,250
(60.250)
56.250
8alanc8 31 March 2025
219,500
192.250
Due within one year
Due within 1-5 years
Due after 5 years
91,500
16,000
112.000
60,250
16.000
116,000
219,500
192,250
Income has been deferred in respect of lease incentives which a￿ being amortised over the period of the
lease, and in respect of rental income received in advance.
14.
RESTRICTED FUNOS:
8alan¢•
1 April 2024
Income
Expendlture
Balance
31 M•r¢h 2025
PfOl8Ct fund
1,870,951
1.670,951
The Project fund represenls the amount expended on the completed expan5i0n of the AT7 sports cenlre after
deducting related depreualion. The expansion was mainly funded by a grant from the English Sports Council.
15.
ANALYSIS OF NET ASSETS BETWEEN FUNDS:
Unre#tri¢t•d
funds
Restricted
fund
Total funds
Fund balances al 31st March 2025 are represenled by..
Investments
Tangible fixed assets
Net current assets
Long term liabilities
1,103.871
1,875,442
1.118.700
(1.079,509)
1.103,871
3.546.393
1,118,700
(1,079,509)
1,670,951
Tolal net assets
3,018,504
1,670,951
4.689.455
16.
RELATED PARTY TRANSACTIONS:
There are no related paty transactions in Ihe year (2024.. £nill.
15-

COVENTRY AND WARWICKSHIRE AWARD TRUST
A COMPANY LIMITED 8Y GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
17.
OPERATING LeA8E COMMITMENTS:
Legsor
The Alan Higgs Centre has been leased to Coventry Sports Foundation from 7 March 2016 to 31 March 2060.
The rent receivable is £50.CKIO per annum.
Centre AT7 has been leased to Coventry Sports Foundation from 1 November 2019 to 31 March 2060. The
rent receivable is £75.000 per annum.
Sporting equipment has been leased to Coventry Sports Foundation undef an agreement ending in 2026. The
rent recewable is £34,272 per annum.
Minimum lease receivable5 under non-cancellable operating leases fall due as follows:
2025
2024
<1 year
1-5 years
>5 years
159,272
500,000
3,775,000
168,C60
534,272
3,900,000
4,434,272
4,602,332
18.
FUNDRAISING REGULATOR STATEMENT OF COMPLIANCE:
Coventry and Warwickshire Award Trust does not contract lo a third party to undertake any fundraising on its
behalf. The charity does not employ a Fundraising Officer, We have received no fundraising complaints during
the year.
16