2021-06-24-accounts

Trustees' Annual Report for the period

Period start date

Period end date

Month Year Day Month Year 25 June 2020 To 24 June 2021

From

Section A Reference and administration details

Charity name

The Coverdale Foundation

Other names charity is known by Registered charity number (if any) 1154598 Charity's principal address Coverdale House Little Sodbury End, Chipping Sodbury Bristol BS37 6QE

Registered charity number (if any) 1154598

Names of the charity trustees who manage the charity

----- Start of picture text -----
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Philip Thornley
2 Gillian Thornley
3 Rebecca Thornley
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
----- End of picture text -----

March 2012

TAR

1

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

TRUST DEED DATED 11/10/2013 Type of governing document

• (eg. trust deed, constitution)

TRUST How the charity is constituted

• (eg. trust, association, company)

APPOINTED BY EXISTING TRUSTEES Trustee selection methods (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• policies and procedures adopted for the induction and training of trustees;

• the charity’s organisational structure and any wider network with which the charity works;

• relationship with any related parties;

• trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

(1) The advancement of education

To promote the education of children and young people in less developed parts of the world by providing or assisting in the provision of school or vocational training facilities, or by the provision of maintenance allowances or grants to such individuals, where such provision would lead to a material and substantial improvement in the beneficiaries' educational prospects.

(2) The advancement of religious faith

To advance understanding of the Christian faith for the benefit of the public anywhere in the world, mainly, but not exclusively, by means of written publications broadcasts and public meetings of an evangelistic and teaching nature, and by assisting in the provision of personnel and church buildings for Christian churches to carry out their objectives

March 2012

TAR

2

both in the UK and abroad. For the purpose of this object the Christian faith is deemed to hold to the Statement of Beliefs as hereonstated in their entirety.

(3) Relief of poverty

To provide for the prevention or relief of poverty anywhere in the world by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.

(4) Caring for homeless and vulnerable people

To provide accommodation, ongoing support, and friendship to homeless and vulnerable people anywhere in the world.

The trustees have had regard to the guidance issued by the Charity Commission on public benefit

We have made grants of significant benefit to groups of the public to whom our Objects direct in the UK and abroad and are supporting needy and hungry people and we provided education in the developing world.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

March 2012

TAR

3

You may choose to include further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

Section D Achievements and performance

Summary of the main achievements of the charity during the year

We have continued to support organisations at home and abroad in line with our objects.

Section E Financial review

Brief statement of the charity’s policy on reserves

We aim to distribute the maximum amount of receipts each year, and therefore to keep the smallest reasonable amount of reserves consistent with good governance and locating appropriate grantees.

Details of any funds materially in deficit

None

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

March 2012

TAR

4

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Philip Thornley Position (eg Secretary, Chair, Secretary etc) Date 20th January 2022

March 2012

TAR

5

CHARITY COMMISSION FOR ENGLAND ANO WA The Coverd•l• Foundalion 1164698 Recelpts and payments accounts CC16a For th• frnm TO 25th Jun• 2021 Section A Receipts and payments funds fund Tatal Lut ywr A1 2YJ,11NI Sub tola1(G￿ss for AR) A2 Asset and In￿Stment sakn. gee tablek Sub Tot•1 tyceipts A3Pa ments 124QZ4 I2￿24 132 Sub ttbt•l 1U134 81M2 purchas•s, (see tsbl•l Loans to tharities Sub tot•1 124134 124134 71.912 Not Ofrn¢￿pw(PI￿￿entr) 123 12J*6 1$8.11 A6 Cash funds last y￿rénd Cash fvnds thls end 181M7 304 1•1,487 353 23.369 181. 1W1r2022

Section B Statement of assets and liabilities at the end of the period Cat•gori•8 Ct41 funds fund• fund• B1 Ca8h funds Totsi cash fun(ts fund• nd8 fundl Dttsils 670.CWJ lohh Dotails Fund ts) *A¢h D•tails 84 A￿ets r•talnod fty the ch#tlty'8 u - rii- Fund BS Uablllde• Dat• of royal 1Jm11r2￿22

Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl m•mbers of The Coverdale Found&" On accounts for the year ond•d 25 June 2021 Charlty no (rf•ny) 1154598 Set out on pages Respective The charitls In￿ee3 are responsible for the preparation of the accounts. responslbllltles of The charitls trustees consider that an audit is not required for this year trustees and examirnr under sedion 144 of Ihe Charities Act 2011 (the Charities Act) and that an independent examinatson is ned. It is my responsibilty to: examine Ihe actounts under section 145 of the Ch817tie8 Act. to follcAv the procedures laid down in the general Directions given by th• Charity Commission (urKler section 145{5)(b) of the Charities Act. and to state whether particular matter5 havo ￿me to my attention. Basls of Independent My examinatton was carried out in aCUrdan￿ with gener81 Directions given •Xami￿￿8 $tstem•nt by the Charity Commi&won. An examination Ind￿eS a review of the unting re￿rdS kept by the tharity and a comparison of the xcounts presented with those r￿OrdS. It also indudes consideration ol any unusual iterns or disclosu￿9 in the accounts. and sking explanations from the trustees C￿ncerning any suth matters. The procedures undertaken do rK)t provide all the eWider￿ that ￿Uld be required in an audit. and cA)nseqUen￿Y no opinion is given as to whether the accounts present a Irue and fairf and the report is limited to those matters set out in the statement Independent In connection my examination, no matter has ¢))me to my 8tterrtlon examlnerfs statement 1. which gives me reasonable c￿Se lo believe that in, any material resped, the requirermnts.. to keep accounting records in aC£Ordan￿ with section 130 of the Chanlies Acl,. and to prepare aC￿Unts which xaxd vllth the aowunting re￿)rdS and comply wrth the xo)unts'ng require1r￿n15 of the Charl￿5 AGI have not been rr*t: or 2. to which, in my fjpinion, attention shoubj be drawn in order to on￿16 a proper understanding of the ￿courrtS to be reached. . Please (tslete Ihe in the brndrets rfthey do not aWy. Dat•: 18.01.2022 Slgnad: Name: Rotert rances Gullrford Relevant professlonal qualifiGatlonl5) or body lif any): IER March 2012

Address: 10. Wesi Rid3e Frampton CottereH 8ristc4, BS36 2JA Section B Disclosure Onty ￿rnPlete rf the ex8miner needs to h￿hlIght matend problems. Give h•r• brtof detalls of any items that the examiner wishès to disclose. IER March 2012