## ||||Page| |---|---|---|---| |Reference and administrative||details ofthe CIO, its Trustees and advisers|| |Chair's statement|||2-3| |Trustees'
report|||4-7| |Independent
examiner's|report||8-9| |Statement offinancial activities|||10| |Balance sheet|||| |Statement ofcash flows|||12| |Notes to the financial statements|||13-23| ## |Trustees|Mr D Rowse, Chair (appointed|Mr D Rowse, Chair (appointed|Mr D Rowse, Chair (appointed|12June 2020)| |---|---|---|---|---| ||Mr J Eyre (appointed|12|June 2020)|| ||Mr C Clark (appointed|12June||2020, resigned 9August 2022)| ||Mrs C Downes (appointed||12June 2020)|| ||Mrs G Carter (appointed||1 May 2022)|| |Charity registered||||| |number|1189928|||| |Principal office|Community
House|||| ||Coleshill
Road|||| ||Atherstone|||| ||CV9 1BN|||| |Accountants|Dains Audit Limited|||| ||15Colmore Row|||| ||Birmingham|||| ||B32BH|||| |Bankers|HSBC pic|||| ||34 Poplar Road|||| ||Solihull|||| ||West Midlands|||| ||B913AF|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total| |---|---|---|---|---| |||funds|funds|funds| |||2021|2021|2021| |Income from:|Note|||E| |Donations
and legacies||185,350|27,125|212,475| |Charitable
activities|||372,880|372,880| |Investments||2,307||2,307| |Total income||187,657|400,005|587,662| |Expenditure
on:||||| |Charitable
activities||6,303|385,160|391,463| |Total expenditure||6,303|385,160|391,463| |Net income before net gains on investments||181,354|14,845|196,199| |Net gains on investments||3„738||3,738| |Net movement
in funds||185,092|14,845|199,937| |Reconciliation
offunds:||||| |Net movement
in funds||185,092|14,845|199,937| |Total funds carried forward|14|185„092|14,845|199„937| ## |||||2021| |---|---|---|---|---| |||Note||| |Fixed assets||||| |Investments
Current assets||||77,266| |Debtors
Cash at bank and in hand||12|20,082
115,851|| ||||135,933|| |Creditors: amounts|falling due within one year||(13,262)|| |Net current assets||||122,671| |Total net assets||||199,937| |Charity funds||||| |Restricted funds||14||14,845| |Unrestricted
funds||14||185,092| |Total funds||||199,937| ## ## ## ||||2021| |---|---|---|---| |||Note|| |Cash flows from operating|activities||| |Net cash used
in operating|activities|17|187,081| |Cash flows from investing|activities||| |Dividends,
interests
and rents from investments|||2,298| |Transfer from Trust into fixed asset investments|||(73,528)| |Net cash used in investing|activities||(71,230)| |Cash flows from financing|activities||| |Net cash provided
by financing
activities|||| |Change
in cash and cash|equivalents
in the period||115,851| |Cash and cash equivalents|at the end ofthe period|18|115,851| |The notes on pages 13to 23 form part ofthese financial statements|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---| ||||||||funds|funds|funds| ||||||||2021|2021|2021| |Donation|from|Values|Education|for|Life|Trust|183,406|6,256|189,662| |Grants|||||||1,944|20,869|22,813| ||||||||185,350|27,125|212,475| ## ## ## ## ## ## ## ## |||||||||Total| |---|---|---|---|---|---|---|---|---| |||||||||funds| |||||||||2021| |||||||||F| ||Staff costs|||||||240,498| ||Educational||costs|||||10,833| ||Training|and|other staff costs|||||5„661| |||||||||256„992| ||Analysis|ofsupport costs||||||| |||||||||Total| |||||||||funds| |||||||||2021| |||||||||F| ||Repairs|and|maintenance|||||12,832| ||Premises|||||||37,519| ||Transport|||||||13,543| ||Communications|||||||2,534| ||Utilities|||||||26,805| ||Professional||fees|||||27,904| ||Insurance|||||||9,318| ||Bank charges|||||||276| ||Other expenditure|||||||3,740| |||||||||134,471| |8.|Independent||examiner's|remuneration||||| |||||||||2021| |||||||||E| ||Fees payable
CIO's annual||to the CIO's
accounts|independent|examiner for the independent|examination|ofthe|2,500| ## ## ## ## ## ||||Listed| |---|---|---|---| ||||investments| ||Market value||| ||Transfer
in from|Trust|73,528| ||Revaluations||3,738| ||At 30 November|2021|77,266| ||Net book value||| ||At 30 November|2021|77,266| |12.|Debtors||| ||||2021| ||Trade debtors||20,0&2| |13.|Creditors:|Amounts|falling|due|within|one|year|| |---|---|---|---|---|---|---|---|---| |||||||||2021| |||||||||F| ||Accruals|||||||13,262| ## ## ## |||||||Balance at| |---|---|---|---|---|---|---| |||||||30| ||||||Gains/|November| ||||Income|Expenditure|(Losses)|2021| ||||F|E||| |Unrestricted
funds||||||| |Designated
funds||||||| |Proceeds from sale||of property|183,406|||183,406| |General funds||||||| |General Funds|||4,251|(6,303)|3,738|1,686| |Total Unrestricted||funds|187,657|(6,303)|3,738|185,092| |Restricted funds||||||| |Keresley College|||372,880|(364,833)||8,047| |BBO in Coventry and Waiwickshire|||20,869|(15,937)||4,932| |Youth Endowment|Fund||6,256|(4,390)||1,866| ||||400,005|(385,160)||14,845| |Total offunds|||587,662|(391,463)|3,738|199,937| ## ## ## ||||||Balance at| |---|---|---|---|---|---| ||||||30| |||||Gains/|November| |||Income|Expenditure|(Losses)|2021| |||E|||| |Designated
funds
General funds
Restricted funds||183,406
4,251
400,005|(6,303)
(385,160)|3,738|183,406
1,686
14,845| |||587,662|(391,463)|3,738|199,937| ## |Analysis|ofnet assets between
funds -cur|rent period||| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||funds|funds|funds| |||2021|2021|2021| |||E||E| |Fixed asset investments||77,266||77,266| |Current|assets|107,826|28,107|135,933| |Creditors|due within one year||(13,262)|(13,262)| |Total||185,092|14,845|199,937| |17.|Reconciliation
of|net movement|in funds|to net cash flow from operating|activities|| |---|---|---|---|---|---|---| |||||||2021| ||Net income for the|period (as per|Statement|of Financial Activities)||199,937| ||Adjustments
for:|||||| ||Gains/(losses)
on investments
Dividends,
interests
and rents from investments
Decrease/(increase)
in debtors
Increase
in creditors|||||(3,73&)
(2,298)
(20,082)
13,262| ||Net cash provided|by operating|activities|||187,081| |||2021| |---|---|---| |Cash|in hand|115,851| |Total|cash and cash equivalents|115,851| ## ||||||||||Ai 30| |---|---|---|---|---|---|---|---|---|---| |||||||||Transfer
in|November| |||||||Cash|flows|from Trust|2021| |Cash|at|bank|and|in|hand||858|114,993|115,851| ## ## ##