The Coventry General Charity Financial Statements Period Ended 31 December 2023 Charity registration number.. 1195498 The Coventry General Charity Financial Statements Period Ended 31 December 2023 Contents Page Charity Reference and Adminislralive Details Trustees, Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements The Coventry General Charlty Charity Reference and Administrative Details Period Ended 31 December 2023 Charity registration number 1195498 Trustees D.J. Evans FCA E.J. Curtis FCIB M.J. Harris MBE JP MA DipED D. Mason R.G Smith FRICS Clerk Mrs S.A, Hanrahan OffSce General Charities Office Old Bablake Hill Street Coventry CV14AN Accountant Dafferns LLP Chartefed Accountants One Eastwwd Harry Westoll Road Binley Business Park Covenlry CV3 2UB Sollcltor Mander Handley & Co The Quadrant Coventry CV12DW The Coventry General Charity Trustees, Report Period Ended 31 DeGember 2023 The Trustees present their report and the financial statements of the Charity for the period ended 31 December 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities" IFRS 1021 in preparing the annual report and financial statements of the Charity. The financial 51atemenls have been prepared in accordance with the accounting policies sel out in notes lo the accounts and comply wlh the Charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Finaneial Reporting Standard applicable in the UK and Republic of Ireland {FRS1021 issued in October 2019. Objectives and activities Since fomiing the Charitable Incorporated Organisalion ICIOI in 12 August 2021 the Charity has been dormant. The objects of the charity are'.- The relief of people in need due lo poverty, hardship or distress in Coventry by providing grants, items and services to individuals in need andlor charities, or other organisalions working to prevent or relieve poverty and distress. In exceptional cases the trustees may grant relief to persons who are resident immediately outside the said city. To relieve financial hardship, amongst elderly people by providing grants. For the advancement of education for the public benefit lincluding social and physical Irainingl of people in Coventry in such ways as the charity trustees think fit, Including by.. o funding scholarships, maintenance allowances or grants al any university, college or institution of higher or further education. o funding education (including the study of music or other arts), travel in furtherance of that education, research projects, or to prepafft for entry to any occupation, trade or profession on leaving any educational eslablishmenl. o in exceptional cases the Iruslees may provide funding and financial assistance to persons who are or who have a parent or parents resident immediately outside the said city. To promote the arts, preserve historic buildings, improve amenities or facilities for recreation and other leisure activities within Coventry for the public al large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. Plans for future periods 11 is anticipated that the assets and activities that are currently held within The General Charity, Coventry (Charity number 2162351 wll be transferred to the Bond's and Ford's Almhouse Charity once approval is obtained. The Trustees are in agreement that these assets will be transferred at an appropriate lime. StructuTr, governance and manag9ment The Charity was established on 12 August 2021 and was formed as a Charitable Incorporated Organisalion. The adminislralion of the Charity is vested in the Trustees. No Trustee has received any remuneration. We approve the Trustees. Report in our capacity as Trustees. On behalf of the Board ]JJm D.J.Evans- Trustee Dale.. The Coventry G8neral Charity Statement of Financial Activities Period Ended 31 December 2023 During the financial year period the Charity has received no income and incurred no expenditure. Consequently, during this period the Charity has made neither a surplus nor a deficit. Balance Sheet 2023 2022 Net assets Total charity funds The financial slalemenls were approved and aulhorised for issue by the Board on Signed on behalf of the Board of Trustees IIJM D.J. Evans - Trustee The Coventry General Charity Notes to the Financial Statements Period Ended 31 December 2023 Summary of significant accounting poli¢i¢s {al General infomiation and basis of preparation The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011, and UK Generally Accepted Accounting Practice. The charity has does not include a cash flow statement on the grounds that il is applying FRS 102 Section 1A. The financial statements are prepared on a going concern basis under the historical cost convention. modified lo include certain items al fair value. The f5nancial statements are presented in sterling which is the fvnctional currency of the charity and rounded lo the nearest £1, The significant accounting policies applied in the preparation of these financial statements are sel out below. These policies have been consistently applieol lo all years presented unless Otherwise slated.