REG15TEIIEDCOMPAMY NUMBEFI: CE030644 (England ¥nd W•le$) HEGISTERED CHAFirrY NUMBER: 12(IJ9fj7 FOR l Hryner Road Solhjl 891 31
FOR TrIE YEAR ENDED 31 PJARCH 2025 1 2 Reportol the TN•t• 3 trtr 4 9 to 17 18 to 19
ThE LAPWORTH (IAAITY REFERENCE AIKI ADIWTAATIVE DETALS FOR THE YEAR ENDEO 31 MARCH 2ty25 TRUSTEES Ex OffKio TNstso 'Fnf Trustees MrsJWJ MrlTKntr IFl¢sJn•Y 1 Jan.251 Ms S J Ichwl Mr DJaatk• ID&ased 20 Aug-241 rRENKd IAr H O Flobw Mr J R wth0n IAr C G Vthar MrOJCry SC• IRènthJ 5ty.24} int•J by L8pAty1h P•h ktrs S HLVrt s J IU$k (Wlnlod 25 Feb.251 REGISTEREO OFFICE Pnkjs E REGISTER COMPANY NUM8ER CE03W {ErWJknI aTrJ Waknl REGISTERED CHAR[ NiIMBER I2(K7 B913 BANKeAS W95t pA*Jats B91 3AN Pffj81
FOR THE YEAR END 31 IWICH 2f15 103 CcAmoro Fk Bknw"NJham 03 3AG IAantyry Agents Jhn and S(n LLP 74 Strwi B95 5BX
IIEPOAT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustO8s ate aLw thrKtor8 01 tho CW rAxwtses of th& cpan ALI 2CJ)6, present report wth th¢ linan¢i 8talements of ts chaty yw 31 K4aFch 2025. The trustoes have Jopt8d th8 wowsitins of Accwnbry and by QwN: Statwngnt of Rewrnmend8d Pracllc• aprAte to tharities W8parww tsr acoymts acwrdJKe Ffjnan¢lal Rewrb'ng StarKlard aFplraAe in th8 UK R8pubk of IrdwKI (FAS 1021 1 January 20191. OSJECTIVES AILI ACTIVMES obt•¢tI¥ •ntl •lrn• EducatK)nal FOat. SUFFQrt of t1 hxal Parth Churc5 arKJ otlw owfjsiLMS And payrnont$ frjrts rel1 of fuw(ial ol rg3thts oltt Pwish ot Lwwth. Pubfic b•n•fft Thè Tw$te•s have had to gidancè Il Cknity Commkn on putit t>wWt. Atl ants wd arKI tliOS und8rtak•n ar• c£Id by tho Tn(eBS lo te kn W"c STRATEGIC REPORT Achleveffients and portrymu Ch•rlt•bl• ctl¥ttkns This report covers rrt year c4 opewakn ol tho rity.a5 a CK) ICh•tt8tlo (hgamattt1. Thtr Charity was incorr4xatthJ 22 Novwrts 2022 ilh the pwposg of tth.ng over operations of an inCoryratl ctrArlty a0 as The Lworth (charity 2109481. The transfar ol assets aThJ wra1M from Ihe urorrat6d tharffy to th8 Clwity occurred 30 2024. Th& trustees are awaiting notiluwjn thè Larbj R&i6ty that ts Iransl8rs ol all ro property to the Chanty Iwvo b00n rwJlst0r1. almshouaeg at Pmd Close haNB beon OCaJp ilyjghOUt th• y•ar. Thè trust¢ès cèta10 a housing st¢k COn¢Stn suN¢y in 2024 lo them cctsthr th& fure lrfe of tho As yas Charity has rnad8 syfftant gr4rrt¥ to Marfs Church, LapwoTth and St.Thomas's Churth. ththurst. The laiw is to St Chwth a1 tiys refflects tho tt th a nLmber of th? L¥•3inal ben8lactors spaclftthl d)urth as Ffflrr4ry ¢tsid¥allOn. Th thiKt8 of th& Chanty pr? that at kast ore ekJhlh ol Ihe net thstrbAth r#>Jm• of th Chariry shoulj bè giv•n to St The Charty has m&1• wants tts Sthod aThJ the L4rn¥th Okj POC A6S0ChltKM. The Charty towawds chiropLhJy costs, wilh trawt costs. &xpwws. asw¥lae day ar? costs aTrJ rdi•l ol Ik)aM hardsli Flmnclal revlew Mn¢l•l posltlon InckKllry r•g•rv•• po•llltyi Nèt wicomè for the year toldled £5.764.168 the traTh8far of assats from thè unkncorporated ¢hity 01 £5.706.486. ExcludlThJ hs th? 1 rtom8 was £57.682 fjnclukng n gains M w1vestntS ol Totsi not ass6t5 of £5,764,168 is madè ol r388,422 restricted lur•ts aThJ £5.375.746 unr8strthd funds. Of the totd reser9. £1 J50.(KIO w tyy be ty di4w.ng assets estal&l and a Jrther £1.870.885 trty salo of WNBStTh w(V81ty {f•a •statè} £2.520.656 realBaiw ol flnanc4al nstrt))nts. Thè tru8t88s are confi(knt that th8 remainrry oJrent assets of £38.439 w•M at an aA)rok¥iate level to ensure that there are suffwrt fu$ for gng adivilies. Tho ol liquidty is mitored dosety against
REPORTOF THE TRIISTEES FOR THE YEAR ENDED J1 MARCH 2025 STrATEGIC REPORT FIn•n¢1 vevlow TO BE UPDATED srFIUCTUAQ GOVERNAIKE AKI IAIIIA by its 2022 ConstitiJbI la8 eed) Poll¢l Th8 of the Charity is overseen ty ts PA>ard of (th• '&)arrtJ.Trw R•Xor of St Chu. LaPth is w eX-Off trustoo arKI on• trLFSM• Iys ty LapArth Path COLWI. Up to other truste8s aro at(thtsd ty th& exlthg PA7ard. skilB rrty avadth and lkn identif106 the thsir&J exper1ere aThJ qu(r)n5 of any prosp8cDve trustsè. POtsnti truste6¥ are Th[t to a w8lirrrfnary di1 th8 Ch.[an intgMWS With groy of truste89.. If lound to be suitJe aThJ wifir#J. their a[tment is fat ty thè Boafd gJJbjqct to a vwbal aThJ docyJm8rtary io Ihe TNstee io •)• aNI 0.0¢¥63 of the olher relevant OTganisal(rf Thwe are fow mo8tiry$ of al lyus1 year k) nmnage and Ilkg activty ar%J Lectlon of the Charity. In are three &04n[tIOeS n. Estates & Fknar, PourKI Ch)se {Amhwsg$1 charitab Payments. Each sulKornitth meets on avry& to thTa8 I"mgs a ygar and rIrts to 1 b88n t r•pMINJ ckwity fc Thè Lar**th Edalc FoalkIn llhe linw charl. The effect of the lknklrYJ Is Ihal Tho LapAty1h Educatial Fwthtion is trea1 as h)nning part of ts uninL¥XF#Natgd ¢haisty forts of Part4 ITv•strakn) Pwt 8 (4 tho Ch¥th6 Act 2011. M8 S J Tlxjrw. Twsteg
INDEPENDEiff EXAMINERS REPORT TO TTrE TRUSTEES OF THE LAP4IORTh (XARrrY Independent •xInnIel r¢purt lo Ih•lruthMolTh• Chwlty{Ihe Convn) I rq)tyt chwity trustees Lm my gxanwth of thè Company fty year erKled 31 March 2025. Responslbllltl•s and $1 of report As thè ch#itis trust¢8s ol the Company latNI a0 it8 (kneLtrs pwpos•s ol company lawl yw arè T98)nSo thfj (Y)ts in 1h ts reyents ol fv Ccryoraes Act 2006 ftho 2006 kn. Havlng 8atisfi&J ffrysdl Ihat fv a¢(xwts of tho C(WTW aro b& aSted Part 16 ol thg 20C6 and aro 8ligitAè lor wMJ6ptht 0¥al. I19K rew of rry exaThanatlon ol your chariV8 accounts ag w%Jer Sthin 145 01 lh¢ Charits Act 2011 llh8 2011 Acn. kn Carrng out my exaftnatiOn I ha Ihe or¥W Chwty Sti)n 145151 (bl ol Ihg 2011 kt. I have coMKA6tl my eMlal)0n. I c(ffifwm th ro have c4Th to my attenlim i) nr1jn ¥th the oxanmnation me cause to lje1b.' a(x0unr rncorrl$ wwe in of th• aÈ iy Sectknn of tho 2LK16 Actr. or th xwunts do t xcud ¥4lh thoso rè(Kds'. than any TTernOnt that th& far not a rnatter c(ThKIo as part of an iTrJ8d9nt gxaminatirm,. or the accounts hav8 not been pry&J kn a)¢¢ It methLxJ5 aThJ prinoplas of thè Statèm•nt ol Réeornmended Prxb'ce kn a¢¢ountrwJ arKI rekng ty chib•s l¥iYic&)1o to charibes prepar thor acwunts in a¢¢ordwwx knilh ReFthNJ Swkjard in thg UK RUbliC of IrdaTrJ IFRS 10211. I no conn$ aml have ccTh acyoss o*w mattws in COnOn wlth &xaminatson to whlch attontk)n Sho be dravm in ttss r8PJrt in trdbr to rt4e a KIStarKIng of the accowts to be yfjtS FCA Prwno Chartgrgd kcounlants Comer Oak 1 Horner Road Solihull 891& 2411012025 Page S
FOR THE YEAR ENDED 31 IIARCH 2tr25 Y••r•nded 31125 Thd• funds Chorfl•trAe Kllvllle 55011 EXPEfrK#TURE ON Flaiig funds m$hj588 provishjn 11,785 095 11.785 AsSk8tae to iThJry¥Jua N•tgalns on 17,179 Tr8n8lers ber•¢n fwd WCOged glInTr 18 183W) 374618 4764168 RECONCIUATKXI OF FIRID3 Totsllwds thought ftywwd
THE LAIYWORTI CHARrrY BALANCE SHEEr 91 MARCH 21>25 2024 Tot fund5 Tangltle assets 13 lJ50Xal 1.350JX)O Inv85tm8nts Invesbwt pr(ywty 14 4144036 15 1 378M18 2J20W6 4362,923 37Q618 &741J41 CURRENT ASSErs Debtors 18 755 6,755 31 31 CREDffOAS Amounts f8NiTh3 or• ye 17 {1U12) 1IW2) NEf CUAREMT ASSEtS TOTAL ASSETS LESS RRENT UA8ILmES 3B5¥0 37618 4764.168 NEf ASSETS FUNDS Untsstrictsd luNIs Restried funds 16 5¥5¥0 TOTAL FUNDS The ChaiaLle coftwy i¥ enlided to exeriVYJn fm jerSli 477 ofts c8$ 2LK16 lor the year dad 31 Mar¢h 2025. The rnrnts havo rLii wu•d I1 c£wryAny to an aw41 of is slatsrnents lor the year enthd 31 Mwch 2025 In with 1)n 476 01 A( 2CQ8. The trustees acknowkfj¢Je thaw r•Srxy&blrt la) ensuring that th8 eharlt k8eF6 #j1¥j rwdg eonyly ilh 386 arJ 387 01 Companies Act 2(KJ6 and Ib) k¥ying finanoal ststements whith give a Iwue JJ tar vww ol tho stst• ol affairs ol thè tharitaL4tr c¢yYyary as at the end of eath finala1 yw ol its surpth or dal for oa¢h ftnancial year in r&]uvernents of th8 Ctynpanièa Act 2CQ6 rdathyJ siaiemwts. so lar a6 4)FIable to th• Tho rotes fm pwiof tlwe atennts o)nllnwJ...
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THE LAPWORTh CHARITY NOTES TO THE FINAKJAL STATEI(rs FOR ThE YEAR ENDED 31 MARCH 2025 ACCOUMTWK POUQES Bul8 ol pi•wlng th• sl•lem The IInwla1 stat8m8nts of Ihe that40 c(ryary. is a wblic tfft entity FAS 102, have been wopw8d in acctrdartè with Charrtios SORP IFRS 102)'kLvyntino and RopJrbng Charib'es: Statsnwm ol Prackn pIo lo cW"ss preparing 1hew a)Unts in acuthe tho FI)ala1 ReFK)rtvvJ Standard apphcaL4è in Ih• UK and RèrXl)1 of Irela1 IFRS IIY21 lèffeetN¥ 1 JUY 20191., FThnoal R8rxyknJ Stalard 102 Tr FInrt1 Rep)rtiro SlaTrJard in the UK and Rtle of Iralantr an(1 th• C(ryaThes Act 20C6. The lirAn¢rdl stat8m8nlS have been wepwed under the htst(wl ¢osi ¢ca)v, ¥Ath the OXC4Fthon ol 8r• FI¢181 rnportlno •t•ndd 1112-reduced dIKlos0x1Wtl0n nwKial staternents, as p8rnThlt&4 ty FRS 102 Tr F?1 ReFxNb'ng StatMlar(J alleae in Ih? UK arKI Rewl¢ ol118lanrt: l irthm i% rg¢(3niJ &ateThnt c4 FLl1 trity has enbtiernent to the inlMent portrdio ol Shar cash on dep)sit. Intwest as it l¥5. DNKlets are Exp•ndltw• Llat¢litiO$ are re0)Jned as expwthur8 as s(Th as Ih8r8 is a constnjcllve obfyjatn ¢oriwnitiing thg tharity to ex[ur&. il is kW¢tthg that a trarnslor ol b8rfits will rgquir•J in settrnent aThJ thè of tthe 0trj3atn (an masur•J r•li. Expèixlitwè 8c£wnted c• an &¢yu basi3 has teen clasgfjad urxler hèaaltr¥Js that aooregai• all cosi labj to ¢atyry. Ythere cr$ carmt be t1ecty albiFxrt•d k) parbxkn he&liros tw have b8w kat to aCbv$ a b&5is corwt&tt lth Iho us• ol resowces. Gr ofl¢red to hwo al the yew end 41ate arg noled as a Tknqlblellxed •swts Deprgdai)ft has not on thè fr•8Ith1 popwbes used for charftat49 wrpos8s on Iho grounds that 8wh a wo¥i%ion Is not mat8rwl in Ihe ac(aunts ol th8 Charity. and that thè buiklings arè maintained to a reagJ)atla staThJard ol reFd¥. Thwe tr08tKI Cd Within th& olS at a vaRt•)n wepargd ty JO Eaff & kn LLP. yue1$ on 28 JM8 2022. Tmtlon Fund ACCOUb)tlng ntinu8d...
FOR THE YEAR ENDED 31 IAARCH 2025 A8sw•l (ty te Ic¥ resi FKxpDs88 ¥Athin Ihè o¥Èctg of the carity. martet at th• bal•¢¢ shoot dat¢ rrKI.martet 1c• at the bdarKo sh••t dat•. slatW9nt ol finanoaf acbths rt Ic6s8s arlsiThJ revakAlh)n and thè Statam#rt of Financi Actr¥iDos. P•rf& Y••r •nd•d 31125 31.324 Rents T 3713 Y••r •nd•d •trJed 31J25 31.3.24 Weekty mwntsnarK* Pag910 o%Wnued...
THE LApwofffH ARITy NOTES TO THE FINANCIAL sTATElNTs. FOA THE YEAR ENDED 31 IAARCH 2W25 RAISING FI Perfod Yr ended 31125 312.24 management Repa¥s ma)t9na• Managino aognts fee5 7911 IJS1 SupF4Yt costs CHAFirrABLE AcninnES COSTS funding cl Costs Iseo (S Mt• O)Sts18ao iiot8 61 nole 81 Totals AimshcKJstss yovi5 Assi8tance to nOn.$th instilution$ Assist&• to s¢hen* irntsbjtv 764 65245 11.785 26m5 31195 17 49 764 145 24 766 Perie Y••r ended 31225 31.3.24 Utillty Cos 4J21 39.171 Insura Lll8 Iln& mainna[e Marwging agents le8S Other thre¢t ¢osis Page11 (#Yltinu&J...
FOR THE YEAR ENDED 31 IAARCH 2tr25 GRANTS PAYABLE P•ric•J Y••r end 31A25 31.3.24 17 P0d YMr•nd•d 31325 31.324 Gtiarilab Assist• Lapworth COE Pnmary Schc Lapworth Chw¢h W¥(*ns (St 4,190 31 Yw¢nded 31225 31J.24 Chlrcwty 147 17 Pa39 12
NQTESTO TtrE FINAIICIAL STATEMENTS. eonthm FOR TrE YEAR ENDED 31 IIAPCH 2025 411strati (knernanc• I$tt managem8nteo rr6hoLWS WOWSL 4.425 11.45$ 7.485 14481 4095 &095 Asslstance trj schemp in8btur6 751 Tfwe were no trust88s' rerThJwation >r tt yw 31 klarth 2W25 r for the perioj owthj 31 Marth 2024. Tru•lo•rf •xppn 31 March 2024. IQ STAFF COSTS Y#r ended 31.&25 31.3.24 Wag¢s *K18aLqri8B 13 swh tho charty has no kny p8rsom81. Y1 31J25 31.3.24 Adthistralon P13
FOFI THE YEAR ENDED 31 MARCH 2W25 11. 11 GA•Ig1{LOSSEg1 (X4 VEsT5 2024 5.751 1& TANGIBLE FIXED ASSETS Fre8hobJ NET 800K VALUE Al 31 Marth 2 At 31 Mwch 24 Cost or valuati at 31 Mwth 2025 15 ty: VIr$ on 28 %122 on a marknt vatt* b48i#. ¢>)ffl¥w to b& on a ctytinu•J...
THE LAPWOTh CHARITY MOTESTO THE HNANCIAL STATEAEPITS- cwtlNd FOR THE YEAR ENDED 31 PIARCH 2025 1& FIXED ASSEf INVErniirs Unlitsj MARKEf VALI Adon$ DisFrf)sal8 ReVUatS 1J24217 {103W61 643,5D7 1567.n4 1103W61 At 31 Mard12025 MET BOOK VALI At 31 March 2025 Al 31 Marth 2024 Cost ¢xvakon at 31 Mar¢h 2025 18 ty: Lknll#t•d ValuatKJn In SJ25 26M2 38829 64771 Tho inv8stmerrt aTrJ $ vakwd at faw at th& Wance sheot FAIR VALUE A(klitions At 31 Marth 2025 T BOOK VALUE At 31 March 2025 At 31 Marth Tho inv8strnent wcyeiD¢8 wwevwJ by Jom E¥le & Son LLP. Chartèrèd &wveytys aThJ regstsr8d vahj$ on 28 Juno 2022 on a mwket b#K8. Tha awlttwal larKJ h8kJ IrWest prcperuas P¥15 conOnu&l...
TOTHE FIMAMCIAL STATEIEIITS.c¢rt FOR THE YEAR ENDED 31 IAARCH 2025 2024 2.178 13 1& MOVEIElff IN FiP40S Al 1.424 31.3.25 Gwral fund 8,814 (Jur¢h TQTALFlWa>S 141792 {147) W4250 Alm3hoLWS Chur¢h TOTAL FUNDS 14 lL-- Thi8 I¢j related lo the exiraNthMry LY W(thvJ ol bgknwiNJ to the Charlty. P¥16 ¢mtsnu...
NOTESTO THE FWUNCIAL STATEIEi¥fs. conllThwAI FOR TrE YEAR ENDEO 31 MARCH 2W 1& IAOVEMEMT M FLa)S. Chui ir luTrJ s luThJ fd•i4$ 10 tho oxtraNdny repair, or r¥ ol the Pw•Bh Churth of 1& RELATEO PARTY DISCLOSUIIES 31 March 2024. TFIANSFER QF ASSErs Incbjgd in hor rwnlsed gn$ aThJ loss•s year is the transfer of ass8ts. On 30 2024. Tr Chalty lunY¥Jywai¢d. thwity nwthr 2109481 translerr&4 all ifs asséts to CIO enllty l(an"ty nurthr 120. ai¥0 cJ Tl4• Charfty. Tho Broakdry*Tr of assets tran1j folws: 1J50I#XI Inv•strn8nt propab Inv•strnents Cash at bank harKI 2N38.102 T10[ assets 17
FOR THE YEAR ENDED 31 MARCal 2025 Year eTrJod 31325 31.3.24 R¢nts rec8w8d WaWeav83 and TnJ8t DlvkJend& 37A13 PrAW)d Cbse 142. Portrdb Manag9ml Repwrs w¥J maintate Mana3w agerts loes Insurance Costs 7J11 4243 16A78 Chavll•bl• •cllT ubity Casts 39.171 Insuiance 0therthrectJ816 Grants to instilLIio Grants to In(IvKluds 31 Wages Insuranc* 13 14N28 18
THE LAPWORTh CHARirY DalLED STATEKPIT OF FIIANCJAL ACTMnES FOFI THE YEAR ENDED 31 MARCH 2025 Period Yew erthl 31.&25 31.3.24 Admlnlgtrauon costs Brought forward IT Cos General admln costs Pro16.0 Charges Bank thargeB Room hir8 1V28 22.751 147 (4W61 R•111 Y¢¢oonld g•lns •nd ReLd g1$S$s} on fixgd asset Invesknants Unrtalisad gains 11¢$> on kNest 5.751 This page ¢J)es ncrt fc¥m p•1 ol Iho st*oryffinarKial slater1nts P4• 19