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|Chair's Introduction
tothe Annual|Chair's Introduction
tothe Annual|Chair's Introduction
tothe Annual|Re ort and Accounts|Pa e3,4|
|---|---|---|---|---|
|Objectives and Activities||||Page6, 6,7|
|Our Charitable|Objects||||
|Main Activities|||||
|Public Benefit|||||
|Achievements
and Performance||||Page 8|
|Achievements|||||
|Volunteers|||||
|Fundraisin|||||
|Financial Review||||Pa eg|
|Future Plans||||Pa ego|
|Structure, Governance|and Mana||ement|Pa ett|
|Reference and Administrative||Details||Pa e12|
|Statement ofTrustee's Res onsibilities||||Pa ex3|
|Audit Report||||Page t4, t5,|
|||||16|
|Statement ofFinancial Activities||||Pa e&7|
|Balance Sheet||||Pa ez8|
|Cashflow Statement||||Pa erg|
|Notes tothe Financial|Statements||for the year ended 3z|Page 2o —3o|
|March 2023|||||
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||Reference and Administrative|Reference and Administrative|details||
|---|---|---|---|---|
|Registered Charity|number|1163638|England|&Wales|
|||SCO46384|Scotland||
|Registered Office||tz, Ensign Business|||
|||Centre,|||
|||Westwood
Way,|||
|||Coventry
CV4 8JA|||
|Trustees||Gordon Enstone|||
|||Carl Ledbury|||
|||Gerry Brown|||
|||Edward Weiss|||
|||Anthony
Arrowsmith|||
|||Diane Scott|Chair||
|||Helen Poole|||
|||Reverend
Kevin Charles|||
|||Linda Millinchamp|||
|||Anna MacArthur|||
|||Nicola Maher|Resigned|31.o8.zz|
|Advisers tothe Board||Dr Jennifer Wild|Clinical Adviser||
|Staff||Karl Demian|CEO||
|||Imogen (Jenny) Cole|Director|ofFinance|
||||(appointed 3Jan 2023)||
|||Jasmin Rana|Director|ofIncome Generation|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|||
||||funds|funds|funds|Total funds|Total funds|
|||Notes||f.||||
|Income and Endowments||from:||||||
|Donations
&legacies|||266,871|33,000||2gg,871|541,435|
|Charitable
activities|||6,ooo|81,952||87,952|27,620|
|Other trading
activities|||z7,88o|||27,880|37,840|
|Investments|||951|6g,001||69,952|69,555|
|Other income|||||||0|
|Total|||301,702|183,953||485655|676,450|
|Expenditure
on:||||||||
|Raising funds|||208,139|20,186||228,325|278,007|
|CharitabLe activities|||168,233|368,214||536,447|633,585|
|Total|||376,372|388,400||764772|911592|
|Net deficit before gains||and losses|(74,670)|(z04,447)||(27g,117)|(235,142)|
|Net gains/(losses)|on investments||(2,26g)|17,152|(196,493)|(181,610)|32,2g8|
|Transfers between|funds|||||||
|Net movement
in funds|||(76,g3g)|(187,295)|(196,493)|(460,727)|(202,844)|
|Total funds brought forward|||463,160|377,381|1,888,123|2,728,664|2,931,508|
|Total funds carried|forward||386,221|190,086|1,6g1,630|2,267,937|2,728,664|
##
|||||2023||2022|
|---|---|---|---|---|---|---|
|||Notes|6|6|||
|Fixed assets|||||||
|Tangible assets||13||146,486||147,625|
|Investments||14||1,885,446||2,039,673|
|||||2,030,931||2,187,298|
|Current assets|||||||
|Stocks||15|5,270||8,23g||
|Debtors||16|42,498||36,952||
|Cash at bank and in hand|||247744||54o,668||
||||295612||585,859||
|Creditors:|||||||
|amounts
falling due within one year|||(68,6o6)||i44,493i||
|Net current assets||||237,006||541,366|
|Total net assets||||2,267,937||z,728,664|
|Represented|by the funds ofthe charity:||||||
|Endowment|funds|19||1,691,630||1,888,123|
|Restricted income funds||19||190,086||409,785|
|Unrestricted|funds|19||386,221||430,756|
|||||2,267,937||z,7z8,664|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||Note|5|E|
|Cash Rows from operating
activities:||||||||
|Cash generated
from operations|||||below|(331,912)|(311649)|
|Net cash provided
by (used in) operating||activities||||(331,912)|(311,64g)|
|Cash flows from investing activities:||||||||
|Purchase oftangible
fixed assets||||||(3,582)|0|
|Purchase offixed asset investments||||||(161,321)|(637,254)|
|Sale oftangible fixed assets|||||||0|
|Sale offixed asset investments||||||109397|709551|
|Interest received||||||123|z8|
|Dividends
received||||||6g,szg|69,527|
|Net cash provided
by (used in) investing||activities||||24446|141,852|
|Change in cash and cash equivalents|in|the|reporting|period||(3o7,466)|(169,7g7)|
|Cash and cash equivalents
atthe beginning|||ofthe reporting||period|580,g83|750,780|
|Cash and cash equivalents
atthe end|of|the|reporting|period||273,517|580,983|
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|Reconciliation ofne|t movem|ent
in fun|ds to net cash flow from op|erating
activities||
|---|---|---|---|---|---|
|||||2023|2022|
|||||5||
|Net income for the reporting||period (as|per the statement of|||
|financial actives)||||(460,727)|(202,844)|
|Adjustments
for:||||||
|Depreciation
charges||||5,721|5,827|
|Losses/(gains)
on investments||||181,610|(3z,zg8)|
|Interest received||||(123)|(z8)|
|Dividends
received||||(6g,82g)|(6g,sz7)|
|Decrease/(increase)|in stocks|||2,969|5,892|
|(Increase)/Decrease|in debtors|||(s,s46)|11,822|
|(Decrease)/increase|in creditors|||14,013|(3o,zg3)|
|Net cash provided by (used in) operating|||activities|(331,912)|(311,649)|
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|2.Donations an|d legaci|es|||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||Unrestricted|Restricted|Endowments|Total|Total|
|||funds|funds|funds|funds|funds|
|||f|||||
|Individual
giving||45,897|||45,897|75,173|
|Community
fundraising||58,196|||58,1g6|107,186|
|Corporations||21,095|||21,095|12,655|
|Legacies||74,283|||74,283|53333|
|Trusts &grants||67,400|33.000||100ut00|292,342|
|Gifts in kind|||||||
|||266,671|3,000||2,871|~4~1,4|
|Grants received,|included|in the above, are as follows:|||||
|Civil Service Insurance Society|||||15,000|10,000|
|Covid Healthcare|Support|Appeal|||30,000|100,000|
|Garfield Weston|Foundation||||20,000||
|Schroder Charity|Trust||||5,000||
|The Barratt Foundation|||||3,000||
|The Blue Lamp Foundation|||||3,000|3,460|
|The Edward Gosling Foundation|||||7,500||
|The General Charities ofthe City ofCoventry|||||4,000|3,600|
|WPH Charitable|Trust||||4,000||
|The Royal Foundation||||||134,18z|
|The Orr Mackintosh
Foundation||||||20,000|
|Other trusts||||||21,100|
||||||4|~9. 4|
|.Charitable
activities|||||||
||||||2023|2022|
|||Unrestricted|Restncted|Endowments|Total|Totai|
|||funds|funds|funds|funds|funds|
|||E|||||
|Commissioned
services|||81,952||81,gsz|3,6zo|
|Wellbeing Training||6,000|||6,000|24,000|
|||6,000|81,952||87,
2|27,620|
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|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowments|Total|Total|
||||||funds|funds|funds|funds|funds|
||||||E|||5||
|Shop sales
Lottery|||||20,101
7,77|||20,101
6,76|31,157
~6,68|
||||||27,880|||27,880|37,840|
|.investment||income||||||||
|||||||||2023|2022|
||||||Unrestncted|Restricted|Endowments|Total|Total|
||||||funds|funds|funds|funds|funds|
||||||f|E||||
|Investment|portfolio income||||951|68,878||69,829|69,527|
|Deposit account||interest||||123||123|28|
||||||951|69,001||69,952|69.555|
|.Raising|funds|||||||||
|||||||||2023|2022|
||||||Unrestncted|Restricted|Endowments|Total|Total|
||||||funds|funds|funds|funds|funds|
|||||||||E||
|Fundraising|costs||||145,367|||145,367|164.382|
|Communication||and marketing||costs|50,601|6478||57,079|87,162|
|Shop costs|||||11.971|||11,971|11261|
|Investment|management||costs||200|13,708||13,908|15,302|
||||||208.139|20,186||228,325|278,007|
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||||||2023|2022|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowments|Total|Total|
|||funds|funds|funds|funds|funds|
||||E||5||
|Beneficiary|support|156950|349.043||505993|545,098|
|Volunteer|costs|1,019|||1,019|67,684|
|Programme|development|3,403|19,171||22574|12,991|
|Memorial service||6,861|||6,861|7,812|
|||168,233|368,214||536,447|633,585|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowments|Total|Total|
|||||funds|funds|funds|funds|funds|
||||||f|E|E|E|
|Beneficiary||support grants||2786|29,198||30984|57,596|
|8.Supp|ort|costs|||||||
||||||||2023|2022|
|||||Unrestncted|Restncted|Endowments|Total|Total|
|||||funds|funds|funds|funds|funds|
|||||E|||E||
|Property|running||costs|9514|||9514|10,736|
|Information||technology||11,309|2,580||13,889|11,253|
|Office expenses||||109,349|1,o68||110,417|138,621|
|Board 8|Committee|||1,655|||1655|2,677|
|Finance|function|||48,724|||48724|39,883|
|Human|resources|||6,81o|||6,81o|5,577|
|Professional||fees|||624||624||
|Staff training||||(85)|1,081||996|835|
|Depreciation
Recharges||||4,484
(,606)|1,237
4606||5,721|5,827|
|||||157,154|41196||198,350|215409|
|Support|costs considered|||to be governance
costs|||||
||||||||2023|2022|
|||||Unrestncted|Restricted|Endowments|Total|Total|
|||||funds|funds|funds|funds|funds|
|||||E||f|E|E|
|Auditors'|remuneration|||5,100|||5,100|5,400|
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|This is stated after charging:|This is stated after charging:|2023|2022|
|---|---|---|---|
|||E|E|
|Auditors'|remuneration|5,100|5,400|
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|2023|2022|
|---|---|
||f|
|674|871|
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|||||||2023|2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||||5|||
|Wages and salaries||||||352,300||405,839|
|Payments
in respect|oftermination||of|employment||||7,569|
|Social security costs||||||30,231||35,674|
|Pension costs||||||27|323|32,242|
|Other employee
benefits||||||2,616||z,76z|
|||||||412,470||484086|
|The average
monthly|number|ofemployees|||during the year was as follows:||||
|Fundraising
costs|||||||||
|Communication
and|marketing|costs|||||||
|Beneficiary support|||||||||
|Volunteer costs|||||||||
|Office administration|||||||||
|Finance function|||||||||
||||||||12|14|
|Full time equivalent|staff - average||for|year|||10||
|The number of higher paid employees||||were|as follows;||||
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|Tangible fixed assets||||||
|---|---|---|---|---|---|
|||Property|Fixtures|Computer||
||Leasehold|improvements|and|equipment|Totals|
||E.|E|E|E|E|
|Cost||||||
|At 1stApril 2022|153450|2z,067|9297|16,470|201,284|
|Additions
Disposals
At 31stMarch 2023|1,4 0|22,06,2 7||3.582
(3.702)
16,3 0|3,58z
(,70z)
201,1|
|Depreciation||||||
|At 1stApril 2022
Charge for year
ELiminated
on disposal
At31stMarch 2023|9,946
1550
6|19,742
734
9,297
20,6,2||14,674
3,438
(3,702)
14,410|53,659
5,722
(3,702)
55,67|
|Net book value||||||
|At31stMarch 2023|141,|1i591||1, 40|145,48|
|At 31stMarch 2022|143,504|2.325||1.7 6|147,62|
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|14.Fixed asset investments||
|---|---|
||Usted|
||Investments|
|Market value|E|
|At 1stApril 2022|2,039,673|
|Additions
at cost|151,321|
|Disposals at market value|(109,397)|
|Unrealised
losses|(181,610)|
|Movement
in cash balances|(14,541)|
|At 31stMarch 2023|1,885,446|
|Net book value||
|At 31st March 2023|1,885,446|
|At 31st March 2022|2,039,673|
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|2023|2022|
|---|---|
|5,270|8,239|
|16.Debtors: amounts|16.Debtors: amounts|falling due within one year|falling due within one year|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||5||
|Trade debtors||||16,467|6537|
|Prepayments
and|accrued income|||26,031|302415|
|||||~484 8|36,952|
|17.Creditors: amounts||falling due within one year||||
|||||2023|2022|
|||||5||
|Trade creditors||||12,317|17,719|
|Social security and other taxes||||8,218|9,232|
|Other creditors||||2,008|5,769|
|Deferred income
Accrued expenses||||27,330
~8,6|3,472
~8, 52|
|||||58,566|~44,4 3|
|Deferred Income||||||
|||||2023|2022|
|At 1stApril 2022||||3.472|25,000|
|Amount released|to income||in the year|(3.472)|(25,000)|
|Amount deferred|in the|year||27330|3.472|
|At 31st March 2023||||272330|3,472|
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||2023|2022|
|---|---|---|
||f.|f|
|Within one year
Between one and five years|5314
~66|9,270|
||12,060|20,269|
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||||||Net||
|---|---|---|---|---|---|---|
|||||1April 2022|movement|31March
2023|
||||||in funds||
||||||f||
|Unrestricted|funds||||||
|General Fund||||463,160|(76,939)|386,221|
|Restricted funds|||||||
|Bereavement|Fund|||61,2g7|22,836|84,133|
|Rehabilitation|Fund|||212,834|(111,489)|101,345|
|Grants Fund||||2 329|h,4o2)|927|
|Coventry
Ambulance|||Staff Fund|2,075|(44)|2,031|
|The Royal Foundation||||546729|(546729)|0|
|Covid Healthcare||Support Appeal||44,117|(44,117)|0|
|Crisis phoneline||||0|1,650|1,650|
|||||377,381|(187,295)|190,086|
|Endowmentfunds|||||||
|Bereavement|Fund|||1,009,547|(100,618)|908,92g|
|Rehabilitation|Fund|||878,576|(95,875)|782,701|
|||||1,888,123|(196,493)|1,691,630|
|Total funds||||26728664|(46067271|2267937|
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|3.g.Movem|ent
in|funds - co|ntinued|||||
|---|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and||Movement|
||||resources|expended|losses|Transfers|in funds|
||||5|5|5|5|E|
|Unrestricted|Funds|||||||
|General Fund|||301,702|(376,372)|(2,269)||(76939)|
|Restricted Funds||||||||
|Bereavement|Fund||33,276|(14,140)|3,700||zz,836|
|Rehabilitation|Fund||38,f10|(163,651)|13452||(111489)|
|Grants Fund|||2|(1,404)|||(sgoz)|
|Coventry Ambulance||Staff Fund||(44)|||(44)|
|The Royal Foundation|||3|(54,732)|||(54,729)|
|Covid Heallhcare
Support Appeal|||30,010|(74,127)|||(44117)|
|Crisis Phoneline|||81,952|(Bo,3o2)|||1,650|
||||183,953|(388,400)|17,152||(187,295)|
|Endowment|Funds|||||||
|Bereavement|Fund||||(100,618)||hoo,618)|
|Rehabilitation|Fund||||(95,875)||(95,875)|
||||||(196,493)||6196493)|
|Total funds|||485,655|(764,77Z)|(181,610)|-|(46O,727)|
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