## **Trustees' Annual Report for the period** Period start date Period end date Month Year Day Month Year 25 June 2021 **To** 24 June 2022 **From** ## Section A Reference and administration details **Charity name** The Coverdale Foundation **Other names charity is known by Registered charity number (if any)** 1154598 Little Sodbury End, Chipping Sodbury Bristol BS37 6QE **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||PhilipThornley|||| ||Gillian Thornley|||| ||Rebecca Gamston|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** 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** Type of governing document TRUST DEED DATED 11/10/2013 - (eg. trust deed, constitution) How the charity is constituted TRUST - (eg. trust, association, company) Trustee selection methods APPOINTED BY EXISTING TRUSTEES - (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** ## **(1) The advancement of education** **Summary of the objects of the charity set out in its governing document** 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 March **2012** **TAR** 2 provision of personnel and church buildings for Christian churches to carry out their objectives 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** We have continued to support organisations at home and abroad in line **achievements of the charity** with our objects. **during the year** ## **Section E Financial review** We aim to distribute the maximum amount of receipts each year, and **Brief statement of the** therefore to keep the smallest reasonable amount of reserves consistent **charity’s policy on reserves** 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** 3rd January 2023 March **2012** **TAR** 5 ||**The Coverdale Foundation**

**Charity Name**|**The Coverdale Foundation**

**Charity Name**|**The Coverdale Foundation**

**Charity Name**|**No (if any)**|**No (if any)**|**CC16a**| |---|---|---|---|---|---|---| |||||**1154598**
||| ||**For the period**
**from**|**25th June 2021**
Period start date|
**To**|**24th June 2022**
Period end date||| |||||||| |**Section A Receipts and**|**payments**|||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**249,645**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**249,645**
**-**
**-**
**-**
**249,645**
**249,645**
**55,903**
**102**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**56,005**
**-**
**133,015**
**133,015**
**189,020**
**60,625**
**-**
**305,353**
**365,978**|**Restricted**
**funds**
**to the nearest £**
**100**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100**
**-**
**-**
**-**
**100**
**100**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100**
**-**
**-**
**-**
**100**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**249,745**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**249,745**
**-**
**-**
**-**
**249,745**
**56,003**
**102**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**56,105**
**-**
**133,015**
**133,015**
**189,120**
**60,625**||**Last year**
**to the nearest £**| |Donations|**249,645**|||||**249,000**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for AR)_|**249,645**|||||**249,000**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**||||||| |||||||**249,000**| |||||||| |**A3 Payments**|**249,645**|||||| |Grants to Charities|**55,903**|||||**125,024**| |Administration costs|**102**|||||**110**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**56,005**|||||**125,134**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| |**Loans to charities**|**-**|||||**-**| |**Loans to individuals**|**133,015**|||||| |**_Sub total_ **|**133,015**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**125,134**| |||||||| ||**60,625**|**-**||**60,625**||**123,866**| ||**-**|**-**||**-**||**-**| ||**305,353**|**-**||**305,353**||**181,487**| ||**365,978**|**-**||**365,978**||**305,353**| CCXX R1 accounts (SS) 03/01/2023 1 Section B Ststement of assets and liabilities at the end of the period Unrestricted fvnd* Restriknted fun Endowment nds Details 365.971 fun funds Dets115 131ts1S D•¢ai18 Oet•i1s charity'¥ own u BS U•Wlfth• CCUX R2 •DJyJTh* ISS} Independent examinerfs report on the accounts Section A Independont Examinerfs Report Report to the tn￿19051 , membefs of On •ccounts for the y￿r end•d 25 June 2022 Charty no 1154598 (rf any) Sat on pafps R•spoth• The tharitys trustees are resp￿ltIe lor the tryAralion of the ￿￿oUnts. r•sponslbllltles of The chanty's trustees Cor￿Ider that ￿ a￿lt is not required for this year tnths and •xaminw under seca1￿ 144 01 the Charities Aci 2011 (the Cl￿17¢1￿ Act) *vl that an independent examination is to fr￿1￿* the prOc&u￿S laid d(r*n in the genera Threcljons giV8n by th• Chafrty Commission {urKler se￿￿1 145(5)(b) of the Ch&ities Act, and to state whether pa￿"cUlar rnatte￿ ha￿ fx>me to my attenti￿. Basls of Independent My examination was carwl (yjt in a￿Xyd8n￿ with general Directions oiven oxamin•rf$ statemwit by the Charty commissic￿. An examin*'on indLths a revie* of the t￿ntIng reaxds kept by the (*arity and a c¢xnparison d tho *￿Unts K*esa)ted wilh ItrK)se rttords. It also indudes consideration cl any unusual items or digsosufes in the a>x)unts. and seekn'ng explanatians from the Fyomde all the th•derKX thal Thvuld required in an audit, and c(wuenty no opiniw is as to whether the wwrrts presenl a true d fairf view ￿ the rewt is lintsj to those matters sot (xrt in the Independent In conneclion wrth oxamination. no matter h83 co￿ to my attention examlnoes statsment Icther than that disd05ed bel(￿ ") the requirements: charrt￿ A(1: and to prepare *c(yJnts ￿{x)rd with the ￿￿nting re￿d8 and 2. to which, in my opinion. attentim shIy￿ be drthvn in order to end)le a n•d: 21. 12.2021. N•m•: LLJ F> R•l•v•nt prof•sslonal qualllkallonl$) or body 01 any): IER March 2012 Addr•ss: /0 Ivilr P/W£ Section B Disc105ure Orty o)mplete rf the exarrdnor neojs to tsgh1￿ht matenal Glve her• brfgf detsill ol any Items that tho •xamin•r wlshos to dlsclose. IER March 2012