OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

Co-opted Trustees: Co-opted Trustees: Mrs j Honnoraty - Chairman
Mr EKibbler
Mr G Sutherland
Mrl Atkinson
Mrs A Lettis
Mrs L Bolton
Nominative Trustees: Cllr M Ashford
Cllr N Murphy
Cllr M Noone
Charity number 216830
Principal address C/0 Moore &Tibbits
34 High Street
Warwick
Warwickshire
CV34 4BE
Independent examiners Burgis 5Bullock
23-25Waterloo Place
Leamington
Spa
CV32 5LA
Bankers Lloyds TSBBank pic
10-12Swan Street
Warwick
CV34 4BT
Solicitors Moore g.Tibbits
34 High Street
Warwick
CV34 4BE

CONTENTS
Page
Trustees'
report		 1-2
Independent examiner's report
Statement of financial activities 4-5
Balance sheet 6-7
Notes to the financial statements 8-22

Current financial Current financial year
Unrestricted Unrestricted Endowment Total Total
funds funds funds
general designated
2020 2020 2020 2020 2019
Notes f f f f f
Income from:
Donations
and		 legacies 7,978 7,978 3,848
investments 66,171 66,171 69,183
Totalincome 74,149 74,149 73,031
Charitable
activities		 48,204 48,204 40,704
Governance
and Administration
costs 11,544 11,544 13,356
Total resources expended 59,748 59,748 54,060
Net gains/(losses) on investments 8 5,329 20,186 (9,242) 16,273 128,401
Net movement in funds 19,730 20,186 (9,242) 30,674 147,372
Net movement in funds 19,730 20,186 (9,242) 30,674 147,372
Fund balances at 1january 2020 131,449 206,261 2,033,328 2,371,038 2,223,666
Fund balances at 31December
2020 151,179 226,447 2,024,086 2,401,712 2,371,038

Prior financial ye ar
Unrestricted Unrestricted Endowment Total
funds funds funds
general designated
2019 2019 2019 2019
Notes f f f f
Income from:
Donations
and legacies		 3,848 3,848
investments 69,183 69,183
Total income 73,031 73,031
Ex enditureon:
Charitable
activities		 40,704 40,704
Governance
and Administration		 costs 13,356 13,356
Total resources expended 54,060 54,060
Net gains/(lasses) on investments 20,868 36,702 70,831 128,401
Net movement
in funds		 39,839 36,702 70,831 147,372
Fund balances at 1january 2019 91,610 169,559 1,962,497 2,223,666
Fund balances at 31December 2019 131,449 206,261 2,033,328 2,371,038

2020 2019
Notes
Fixed assets
Tangible assets 9 1,539,825 1,539,825
Investments 10 859,563 843,291
2,399,388 2,383,116
Current assets
Debtors 12 11,940 6,190
Cash at bank and in hand 49,246 48,997
61,186 55,187
Creditors: amounts falling due within
one year 14 (19,487) (21,590)
Net current assets 41,699 33,597
Total assets less current liabilities 2,441,087 2,416,713
Creditors: amounts falling due after
more than one year 15 (39,375) (45,675)
Net assets 2,401,712 2,371,038
Capital funds
Endowment
funds
General endowment funds 1,460,467 1,469,709
Revaluation
reserve		 563,619 563,619
16 2,024,086 2,033,328
Income funds
Unrestricted
funds -		 eneral
Designated
funds		 17 226,447 206,261
General unrestricted funds 151,179 131,449
377,626 337,710
2,401,712 2,371,038

Unrestricted Unrestricted
funds funds
general general
2020 2019
f f
7,978 3,848

Unrestricted Unrestricted
funds funds
general general
2020 2019
f f
Rentalincome 44,471 46,483
Income from unlisted investments 21,625 22,530
Interest receivable 75 170
66,171 69,183

2020 2019
f f
Insurance
costs		 1,861 1,958
Heat & light 479 531
Water rates 88
Repairs & renewals 19,715 17,098
Garden maintenance 5,940 2,247
Subscripti ons 318 170
Sundry expenses 353 250
28,754 22,254
Grant funding ofactivities (see note 5) 19,450 18,450
48,204 40,704
5 Grants payable
2020 2019
f f
Grants to institutions:
The Lord Leycester Hospital 10,000 10,000
Graham
Fulford Charitable		 Trust 3,000
The Enhanced
Care at Horne Project
(The Charity ofThomas Oken & Nicholas EyNer) 5,000
The Air Ambulance 1,000
Myton Hospice 1,000
SWFTCovid 19appeal 1,000
The Charity ofThomas Oken (Springfield Mind) 2,500
New Life Church 3,500
Grants to individuals 450 450
19,450 18,450

0 CA
O		 W o
tV 00
(V
tE
m
00o
L+ a 'U
Cl
Cl0
00		 O o
iD
CDa 0C Cl
'U
I
C
Cl00		 Ch
O
CV		 00
LD
00o
C
Q
D2
2		 Q
8		 tC
0		 Q
C4Q
EC
o
LJ CC Cl
E		 C Q
CCQ		 CV
CJl
w
w
I-		 Q 'a
Ml
c
U2		 Q
lll
a
CC		 'a
Cl
C		 4C 'U
Cl
C
00
Cl
'U		 O
CVQ
cu		 00
r4o
w 4u 'a aC
V		 Cl
C
Cl00		 Q
IV
Q
N		 CPI
CV
m
Etl
P-
v)		 &C
0		 CD
O2

Tangible fixed assets
Other Freehold Westgate Tibbits Court Total
Land and Almho uses
Buildings
f
Cost or valuation
At 1January 2020 189,825 600,000 750,000 1,539,825
At 31December 2020 189,825 600,000 750,000 1,539,825
Carrying amount
At 31December 2020 189,825 600,000 750,000 1,539,825
At 31December 2019 189,825 600,000 750,000 1,539,825

Unlisted
investments
Cost or valuation
At 1January 2020 843,291
Valuation
changes		 16,272
At 31December 2020 859,563
Carrying amount
At 31December 2020 859,563
At 31December 2019 843,291
2020 2019
f f
Investments
at fair value comprise:
16,783.46 Charities
Official Investments		 Fund Income Shares 302,294 284,122
99,806 National Association ofAlmshouses Common Investment Income
Shares 83,458 90,194
7,177M &6Charifund Investment Bonds 98,509 119,188
6,837.70Charities 05icial investment Fund Income Shares 123,157 115,753
30,733 National Association ofAlmshouses Common Investment Income
Shares 25,699 27,773
835.74 Charities Official Investment Fund Accumulation Shares 172,666 157,274
260.31Charities Official Investment Fund Accumulation Shares 53,781 48,987
859,564 843,291
11 Financial instruments 2020 2019
f f
Carrying amount offinancial assets
Instruments
measured		 at fair value through profit or loss 859,564 843,291

12 Debtors
2020 2019
Amounts
falling due within one year:		 f f
Other debtors 10,855 5,232
Prepayments and accrued income 1,085 958
11,940 6,190
13 Loans and overdrafts
2020 2019
f f
Otherloans 45,675 51,975
Payable within one year 6,300 6,300
Payable after one year 39,375 45,675
2020 2019
f f
Borrowings 6,300 6,300
Accruals and deferred income 13,187 15,290
19,487 21,590

15 Creditors: amounts falling due after more than one year
2020 2019
f E
Borrowings 39,375 45,675
IO
OlIIC
E		 Cl
IO		 CI
CI
CI		 PV
00		 ID 4O
00
C)
ID IO
IOla
0		 CI
Ill
m		 Ch
00		 00 rIo
r4
IO
'Zl
C0
OO
IO
~II
III0		 r4
re		 r4
IO OI Ol
OI
IO
OI
IL
IIIC
OI IO
lh OO
C E I I I
C
IOu
Ih		 Cl
4-0		 C
~V
C
C
4 IO Ul I I
Ol
C
Ol		 E 0
E o 0 IL'
0 vO
Ih
O
D
I-		 a
tq		 Ol
C
00
C		 Ih
IO
Ol
o		 44
III
C 00
E g
C
4l
o
4P
ill
I-
V)
cC
U		 Q
W
CI		 IO
OI
u
C
C
~
u
Ol		 Ih
ID
Ih
0
L0
c
'IO
IO
0.		 OI
4l
C
Ol
IO
IO
44
IO
44
0C
OlCaD
IO2
Ol
IO
Ol
a
'0
C
IO
IIIC		 CIo
Cl
O
Ul
m		 Ill
00
Ch
00		 m
CI
IA
m
CA
m
00
Cl		 00
fV
m
mm
Cl
r4
m
00
CI
ZK '8 L I I I
zI-
P
cn
0		 W
OC
0
4-		 8
O.
Ol
Ol		 8
C
'
g
L
Ih
ClI		 C0
~V
C
C
0		 II
0
IL'		 I I I
Ih
E ~
IO
u "0
Ol		 OO
QI
C
IO0
E 4
0		 I I
I
uC
Ih Vl
0C
IO		 Ih
OI
4I 40
II 44
C		 CI
CIO		 lIl
r4
CO		 r4
ID		 CA
Ol
I		 I
IO		 IO
IO
C
IO		 Ih
V
C		 Cl
g
r4		 CFl
00		 tV
r4		 r4
IQ
Ol
~h
C 0 4C
OI		 0
E Ih
Ol
E e
0 0		 C
4l
C
IO
a.		 Ih
Z		 Ih
QP
0
CL		 IU
Ol
LL
L
0		 C
IO
~		 O
Ih
47;
0
gp
x
LL		 C
E
44
Ol
&C

Balance at Revaluations, Balance at Revaluations, Balance at
1January 2019 gains and losses 1January 2020 gains and losses B1December
2020
f f f f f
Extraordinary Repair Fund 129,289 27,985 157,274 15,392 172,666
Development Fund 40,270 8,717 48,987 4,794 53,781
169,559 36,702 206,261 20,186 226,447
IO0 Ol
Cl		 IA
tV
00		 Ol(4 Ql
I/I		 00
teal
C)
Ol
ttl
Itl		 00 tel
m		 m
C
OI
E		 I/I
C
~D		 Ol
C)
t4		 Itl
tV
00
CII
t/l
I/l		 teal
CI
m
Dl
~0'		 00
mm
(4
I/I CA
IOC
00		 C
4-		 CI
P4		 ID
ID
Cl		 ID
LO
CI
CV
Ol
Cl
I/I CA
i C CI
N
Olc
0 Itl
CV
00		 m
ID
ltl		 Cll
Ol
LO		 I/l
ttl		 CV
Z
I-		 Q Ol
m
I/I		 Dl
Ill
00		 Ol Cl
0
O		 Cb Cl Itl CV
ID
Z
LLI		 CV
CI		 PV
00
Ol
m		 ID
CP
00		 00
CI
rV
CI 4C Lfl CI
EV
I
OZ Q Ihr
IOC v
00		 Cl
l4
Cl
EV		 III ID
CV
CC
Ol
ll w~ Cl
w
P- OC
0		 Ol '5
C		 CI
t4
Cl
CV		 W I/l
I/l
00
v)
0Z c
LOl
C CI
C tV
L
Ol Ol
Xl
E
Jl Ol
4J
Ol		 I/I
Ol
Cl
Ol m J2
t0		 Ol
IO
OlC
0		 Ol
I/I
OC
IO
IO		 OP
C		 E I/I
Ol
I/I
I/I
IO
C		 IO
E
OI
Olc C Ol
g		 Ol
Ol
O		 00
C
CI