REGISTERED COMPANY NUMBER: 10506340 (England and Wales) REGISTERED CHARITY NUMBER: 1180994
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
FOR
COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
TGFP Chartered Accountants Fulford House Newbold Terrace Leamington Spa Warwickshire CV32 4EA
COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024
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Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Statement of Financial Position 5
Notes to the Financial Statements 6 to 9
Detailed Statement of Financial Activities 10
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's main objective is to support local youth and children.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity organises fundraising events in Coventry and Warwickshire to raise funds in aid of children at risk of abuse or neglect. This is achieved by making donations to registered charities and local authorities who support such causes.
FINANCIAL REVIEW
Investment Powers
The charity has managed all of its activities within income generated, donations received, these are set out in the Statement of Financial Activities.
The net surplus for the year on unrestricted funds was £22,163, comprising total incoming resources of £82,360 and total resources expended of £60,197.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
10506340 (England and Wales)
Registered Charity number
1180994
Registered office
Fulford House Newbold Terrace Leamington Spa Warwickshire CV32 4EA
Trustees
Mr J E J Murfin Director Mr L Ratcliffe Head Of Community Relations (resigned 28.5.24) Mr H E Bland Director Mr B R Reynolds Director
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner TGFP Chartered Accountants Fulford House Newbold Terrace Leamington Spa Warwickshire CV32 4EA
Approved by order of the board of trustees on 17 October 2024 and signed on its behalf by:
Mr H E Bland - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
Independent examiner's report to the trustees of Coventry And Warwickshire Children's Charity ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sian Bulyka ACA BFP FCCA BA (Hons)
TGFP Chartered Accountants Fulford House Newbold Terrace Leamington Spa Warwickshire CV32 4EA
17 October 2024
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2,105 Other trading activities 2 80,255 Other income - Total 82,360 EXPENDITURE ON Charitable activities Fundraising and charitable activities 60,197 NET INCOME 22,163 RECONCILIATION OF FUNDS Total funds brought forward 86,170 TOTAL FUNDS CARRIED FORWARD 108,333 |
2023 Total funds £ 111,930 94,094 600 206,624 121,412 85,212 958 86,170 |
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The notes form part of these financial statements
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
STATEMENT OF FINANCIAL POSITION 31 JANUARY 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Debtors 5 459 Cash at bank 107,874 108,333 NET CURRENT ASSETS 108,333 TOTAL ASSETS LESS CURRENT LIABILITIES 108,333 NET ASSETS 108,333 FUNDS 6 Unrestricted funds 108,333 TOTAL FUNDS 108,333 |
2023 Total funds £ - 86,170 86,170 86,170 86,170 86,170 86,170 86,170 |
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 17 October 2024 and were signed on its behalf by:
Mr H E Bland - Trustee
The notes form part of these financial statements
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Functional currency
The presentation currency of the financial statements is the Pound Sterling (£).
2. OTHER TRADING ACTIVITIES
| Fundraising events Sponsorships |
2024 £ 67,239 13,016 80,255 |
2023 £ 88,094 6,000 94,094 |
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 January 2024 nor for the year ended 31 January 2023.
Trustees' expenses
One trustee was paid £247 for current year expenses.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities Other income |
Unrestricted fund £ 111,930 94,094 600 |
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| Total | 206,624 |
| EXPENDITURE ON Charitable activities Fundraising and charitable activities |
121,412 |
| NET INCOME RECONCILIATION OF FUNDS Total funds brought forward |
85,212 958 |
| TOTAL FUNDS CARRIED FORWARD | 86,170 |
| 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Trade debtors 459 |
2023 £ - |
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024
6. MOVEMENT IN FUNDS
| At 1.2.23 £ Unrestricted funds General fund 86,170 TOTAL FUNDS 86,170 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 82,360 TOTAL FUNDS 82,360 Comparatives for movement in funds At 1.2.22 £ Unrestricted funds General fund 958 TOTAL FUNDS 958 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 206,624 TOTAL FUNDS 206,624 |
Net movement At in funds 31.1.24 £ £ 22,163 108,333 22,163 108,333 Resources Movement expended in funds £ £ (60,197) 22,163 (60,197) 22,163 Net movement At in funds 31.1.23 £ £ 85,212 86,170 85,212 86,170 Resources Movement expended in funds £ £ (121,412) 85,212 (121,412) 85,212 |
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024
6. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net movement At At 1.2.22 in funds 31.1.24 £ £ £ 958 107,375 108,333 958 107,375 108,333 |
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund |
Incoming Resources resources expended £ £ 288,984 (181,609) |
Movement in funds £ 107,375 |
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| TOTAL FUNDS | 288,984 (181,609) |
107,375 |
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 January 2024.
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COVENTRY AND WARWICKSHIRE CHILDREN'S CHARITY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Other trading activities Fundraising events Sponsorships Other income Bank commission Total incoming resources EXPENDITURE Charitable activities Insurance Bank fees Event costs Donations paid Computer costs Support costs Management Administrative expenses Governance costs Legal fees Total resources expended Net income |
2024 £ 2,105 67,239 13,016 80,255 - 82,360 246 533 58,664 - 24 59,467 580 150 60,197 22,163 |
2023 £ 111,930 88,094 6,000 94,094 600 206,624 246 382 67,575 52,514 - 120,717 695 - 121,412 85,212 |
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This page does not form part of the statutory financial statements
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