2020-12-31-accounts - Carriers Of Hope, Coventry

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Report ofthe Trustees
Reference and Administrative information
Report ofthe Independent	Examiner
Statement ofFinancial Activities
Statement ofCash Flows
Notes forming part ofthe	Financial Statements

Fund		Pur ose
ARM TRUST - E10,000(unrestricted)		An award forthe period ending September 2021to be
		used to fund trustees' a reed riorities.
Children In Need Small Grants -610,000 for final ear. Children in Need Next Steps -E8,494		Fora worker with the children at Qrcle of Friends, to develo Let'sPla andtocreateanddeliverTo Ba s. Team Leader for Children's Team, Baby Project worker
		and worker at A ledore Lod e.
Children in Need Covid Booster -E3.000		Laptops for children, out ofschool through the
		andemic
Violence Reduction Unit (Covid) E1,472		Work with Hillfields Families to support protective
		behaviours.
Awards for All - E10,000		Start-up costs of Clothing Coventry, plus worker
Doing Things Differently (Heart of En IandCF -E12,575		Start-up costs ofClothing Coventry, plus worker
Heart ofEngland Emergency Fund Covid - E3,000		Supporting families in need, caused by the pandemic
Heart ofEngland Segro Fund (Covid)- 63,000		Supporting families In need, caused by the pandemic
National Grid (Covid) -E5,000		Supporting families in need, caused by the pandemic
Clothworkers (Covid) - E5,000		Supporting families in need, caused by the pandemic
Barrow Cadbury (Covid) - E21,000		Start-up costs ofWorldfoods Food Hub plus worker
		and foodstuffs
Greggs Foundation -f10,000		Start-up costs ofWorldfoods Food Hub plus worker
Heart ofEngland (Co-Op Bank)	- E5,000	Food at Worldfoods' Food Hub
National Lottery- Community Reachin Communities -f59	Fund 763	Afive-year award period ending April 2023for the Distribution Volunteers' Pro ect —salaries of6staff.
National Lottery Covid Fund - E28,280		Purchase a second van. Van running costs.
Heart ofEngland Tampon Fund	- E10,000	Workers forthe Baby projects, in the community and
Passlonists -f1,500		at A ledore Lod e. For purchasing essential items in support of
		Individuals, such as white oods, beds etc.
Priors Educational Trust - f550		Forthe Uniforms appeal
Soothern gr Cranor - f3,000		Forthe Uniforms appeal
Local businessman -E44,905		Tofund overhead costs ofthe warehouse and 26, Oty
		Arcade
A BCharitable Trust -E10,000 unrestricted		Tobe used as needed, primarilytowards business start-u s/income eneration activities.
Lloyds Bank Foundation England -f25,000	&Wales	Salaries for management staff
Coventry City Council - 61,692		Forafreezer for the Food Hub

		Trustees
Name ofTrustee		Date ofappointment	Term expires
Cathy Clarke		27September 2019	27September	2022
Gwen Daly		27September 2018	27September	2020
Alvaro Grana		27September 2018	27September	2021
Valerie Lewis		27 September 2018	27September	2021
Susan Marion Sampson		27September 2018	27September	2021
Elizabeth Ann Thomson		27September 2018	27September	2023
Kim Evans		19September 2019	19September	2022
Lucinda Croft		19September 2019	19September	2022
Matthew Broomhall		19September 2019	19September	2022
Guillherrne Schott Silveira	da	19September 2019	19September	2022
Lydia Sampson		19September 2019	19September	2022
Michelle McHikoma		30January 2020	30January 2023
Omaima Ahmed		30January 2020	30January 2023

				STATEMENT OF FINANGAL ACflVITIES	STATEMENT OF FINANGAL ACflVITIES	STATEMENT OF FINANGAL ACflVITIES	STATEMENT OF FINANGAL ACflVITIES
31	December 3013			1,2months ending 31"December 2020
							31December 2020
						Note	5	6	E
Us!as!rara!	aasektsd			INCOME from:			Unrestdctad	Restricted
5$,974	162,173	221,1SS		Monetary donations			95,343	275,707	371!050
				Non-monetary donations:
	$1,665		61,665	used goods		1c	68,830		68,830
	7,5$0			donated services
3,30$				Trading income			1,838
55			55	Investment Income: Interest			23
62,337	251,424	313,761		Subtotal Ordinary Income			166,034	275,707	442!741
				EXPENDITURE on:
				Charitable activities
225	$4,9$9	95,214		Donations ofused and bought household goods and supplies		1c	202,7$4	18,4S3	121,247
33,133	137,277	220,410		Other charitable activities			17,865	179!926	197!791
33,353282,266		315,624		Total charitable activities			120,649	198,389	319,038
				Fund raising costs			127		127
				Trading costs			1,186		1,186
33,35$	2$2,266	31S,614		Total Expenditure			121,962	198,389	S20,851
26!$79	POrsra)	(1,$6$)		Net ordinary income texpenditure) during the period			44+72	77,318	121,390
3S,1S3	$5,200	321933		Extraordinary Income: transfer ofnet
				assets from predecessor charitable trust
SS,162	5433$	11S,SSO		Net Income after extraordinary	Item		44,072	77,318	121,390
				RECONCILIATION OF FUNDS
31December 2019							31December 2020
							unrestricted	Restricted	Total
65,162	54,35$			Net Income reported above (2019:after extreordlnerr Itemi			44,072	77,318	121!390
				Add total Funds brought forward	at
				beginning ofthe period			65,162	54,358	119,520
65,161	54,35$	11$,520		Total Funds carried forward atend of the period		8	109,234	131,676	?40,910

Staemmaer
2010	Cash provided by Operating		Activities		31December 2020
	Net income / (expenditure) forthe period	as	reported	in the
(1,863)	Statement ofRnancial Activities Adjustments to eliminate non-operating	activities from the above			121,390
	result:
(55)	Investment activity: bank interest				(24)
(3,205)	Change in debtors				(3,192)
8,019	Change in creditors				3,374
2,658	Non-cash transactions: reverse the charge		for depreciation		6,357
	Non-cash transactions: reverse income	ofdonated		vehicle	(500)
S,ss4	Net cash provided by Operating Activities				127,405

econciliation	ofnet income to net cash flow from operating activities
31December 2019	Cash flows arising from all activities	31December 2020
36,698	Net cash provided by operating activities (as above)	127,405
	Additional cash flows during the year:
	-from investing activities: additions to Fixed Assets	(38,820)
17	-from investing activities: bank interest income
36,715	Increase in cash during the period	88,609
71,675	Add cash brought forward from previous year	113,999
	Total cash at the end ofthe year	202,608

Sttm sass	Charitable Activity	Total	'EUPPolt		Donations		Staff costs	Storase costs	Vehicle costs8	Other costs
									dapmchlt
									Ion
					aoods	Used
						Haul aoods
					f	f
19,150	Donating	44,s29	6,132	4,436	33,961
192,299	Furniture Project	162,33S	22,354		978	68r330	17674	46949	2r813	Sr237
70,955	Client Response	71,703	9,874				59,883			1,946
	Food Hub	1s,sso	1,844		6,690		1,661	568		2,627
32,583	Children' s Work		1,402				5,083			3,694
	teaming/
	Training						68			1,806
	Income
	Generation		2,028					12,696
8315,624	f319,038		43,933	4,436	41,629	68,330	84,374	60,213	2,813	13,310
		oSupport Costs
	Administration	ONce	31,989
	Orsanlsatlonal Development incl.		11133
	Con	suits net
	Trusteeship		811
		Total	4$,9SS

	Total	Motor	Ware-	Sllop	ONce	Food Hub
		Vehicles	house Fixtures, Fittings 8	Fixtures, Fittings 8 Equipment	Fixtures, Fittings 8 Equlpmant	Equipment
			Equlpmant
			E
Fixed Assets at beginning ofthe year	23,777	20,033	3,744
Additions during the year at cost	39x873	19,637	12.223	4,655	2,218	1,140
Total Cost atend ofthe year	63,650	39,670	15,967	4,655	2,218	1,140
DEPRECIATION
Provision at beginning ofthe year	23,77S	20,032	3,743
Additions to depreciation during the year	6,911	4,909		1,163	554	285
Total Pitndslon atand oftha year	30,686	24,941	3,743	1,163	554	285
Net BookValue S1December 2020	ES2964	814729	812,224	63~2	81,664	8855
NET BOOK VALUE OF FIXEDASSETSANALYSED	BYSOURCE	OF FUNDINe
Restricted funds		14,728	2,466	2x640
Unrestricted funds	12,275		9,758	852	1,664
Net BookValue 31December 2020	ES2,964	814,729	812,224	63,492	81,664

Restricted	Funds
FUND SOURCE	OPENING	REVENUE FUNDS		CAPITAL	FUNDS	CLOSING
	BALANCE 1	Income	Expenditure	Inoxne	Expenditure	BALANCE 31
	JANUARY
	2020					DECEMBER 2020
		E	E
A E Higgs	1,865		(1,865)
ARM Trust Awards for All (Clothing	15,330	10,000 10,000	(9,372)			15,958 10,000
Coventry)
Baby Bags			(85)
appeal
BBCChildren in Need		13,440	(13,303)			187
BBCCovid Next Steps		8,494				8,494
Benefactor for costs of	8,478	44,906	(44,403)	1,000	(250)	9,731
Warehouse &
Shop
Big Lottery Community	17,787	63,419	(63,337)	24,623	(5,539)	36,953
Fund (Reaching
Communities)
Christmas Appeal	2,134	4,278	(3,504)			2,908
Coventry City	5,333		(5,333)
Council Bursary
Coventry City Council		1,472	(280)			1,192
(Violence
Reduction Unit)
Food Hub Heart of England		40,246 12,575	(12,118)	1,140	(285)	28,983 12,575
(Doing Things
Differently)
Heart of England		10,000	(9,002)			998
(Tampon Fund)
Lloyds Bank Foundation for	1,920	25,064	(25,244)			1,740
England &
Wales
The Passionists	978	1,500	(2,478)
Travel appeal		420	(245)			175
Uniforms appeal	533	5,185	(3,884)			VI34
Total	E54,358	6251,084	E(194,453)	626,763	E(6,074)	E131,678