2021-12-31-accounts

Co-opted Trustees:	Co-opted Trustees:	Mrs J Honnoraty	-Chairman
		Mr E Kibbler
		Mr6Sutherland
		Mr JAtkinson
		Mrs A Lettis
		Mrs LBolton
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 &Bullock
		23-25Waterloo Place
		Leamington Spa
		CV32 SLA
Bankers		Lloyds TSBBank pic
		10-12Swan Street
		Warwick
		CV344BT
Solicitors		Moore &Tibbits
		34 High Street
		Warwick
		CV344BE

			Page
Trustees' report			1-2
Independent	examiner's	report
Statement of	financial activities		4-5
Balance sheet
Notes tothe financial statements			7-22

Current financial year
				Unrestricted	Unrestricted	Endowment	Total	Total
				funds	funds	funds
				general	designated
				2021	2021	2021	2021	2020
			Notes	f	f	f	f	f
income and endowments	from:
Donations and legacies				4,755			4,755	7,978
investments				66,798			66,798	66,171
Other income				812		101,032	101,844
Total income and endowments				72,365		101,032	173,397	74,149
E enditure on:
Charitable activities				61,734			61,734	48,204
Governance and Administration
costs				15,466			15,466	11,544
Total resources expended				77,200			77,200	59,748
Surplus/(Deficit) on ordinary		activities		(4,835)		101,032	96,197	14,401
Net gains/(losses) on investments			10	20,122	39,370	83,412	142,904	16,273
Net movement in funds				15,287	39,370	184,444	239,101	30,674
Net movement in funds				15,287	39,370	184,444	239,101	30,674
Fund balances at 1January	2021			151,179	226,447	2,024,086	2,401,712	2,371,038
Fund balances at31December 2021				166,466	265,817	2,208,530	2,640,813	2,401,712

Prior financial year
				Unrestricted	Unrestricted	Endowment	Total
				funds	funds	funds
				general	designated
				2020	2020	2020	2020
			Notes	f	f		f
Income and endowments	from:
Donations and legacies				7,978			7,978
Investments				66,171			66,171
Total income and endowments				74,149			74,149
Ex enditure on:
Charitable activities				48,204			48,204
Governance and Administration		costs		11,544			11,544
Total resources expended				59,748			59,748
Net gains/(losses) on investments			10	5,329	20,186	(9,242)	16,273
Net movement in funds				19,730	20,186	(9,242)	30,674
Fund balances at 1January	2020			131,449	206,261	2,033,328	2,371,038
Fund balances at 31December 2020				151,179	226,447	2,024,086	2,401,712

					2021	2020
				Notes	f	f
Fixed assets
Tangible assets				11	1,523,775	1,539,825
Investments				12	1,119,550	859,563
					2,643,325	2,399,388
Current assets
Debtors				14	16,500	11,940
Cash at bank and in	hand				34,091	49,246
					50,591	61,186
Creditors: amounts	falling due within
one year				16	(20,028)	(19,487)
Net current assets					30,563	41,699
Total assets less current		liabilities			2,673,888	2,441,087
Creditors: amounts	falling due after
more than one year				17	(33,075)	(39,375)
Net assets					2,640,813	2,401,712
Capital funds
Endowment funds
General endowment	funds				1,644,911	1,460,467
Revaluation reserve					563,619	563,619
				18	2,20&,530	2,024,086
Income funds
Unrestricted funds -	eneral
Designated funds				19	265,817	226,447
General unrestricted	funds				166,466	151,179
					432,283	377,626
					2,640,813	2,401,712
The nanciai statements		were approved		hy the	ostees on ...!.r/...o/?:".?.-.~
			'I
rs 3 Honnoraty
Trustee

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2021	2020
		f	f
Grants receivable		4,755	7,978
Grants receivable for core activities.
SirThomas Delves Charity		3,631	4,441
Rural Payments	Agency	1,124	3,537
		4,755	7,978

			Unrestricted	Unrestricted
			funds	funds
			general	general
			2021	2020
			f	f
Rental	income		47,247	44,471
Income	from unlisted	investments	19,548	21,625
Interest	receivable		3	75
			66,798	66,171

		Unrestricted	Endowment	Total	Total
		funds	funds
		general
		2021	2021	2021	2020
		f	f	f	f
	Net gain on disposal oftangible fixed assets		101,032	101,032
	Other income	812		812
		812	101,032	101,844
5	Charitable activities
				2021	2020
				f	f
	Insurance costs			1,813	1,861
	Heat &light			923	479
	Water rates				88
	Repairs &renewals			11,336	19,715
	Garden maintenance			11,478	5,940
	Subscriptions			182	318
	Sundry expenses			505	353
				26,237	28,754
	Grant funding ofactivities (see note 6)			35,497	19,450
				61,734	48,204

		2021	2020
		f	f
Grants to institutions:
The Charity ofThomas Oken (Springfield	Mind)	5,000	2,500
Myton Hospice		2,000	1,000
Lord Leycester Hospital		25,652	10,000
The Air Ambulance			1,000
SWFTCovid 19appeal			1,000
New Life Church			3,500
		32,652	19,000
Grants to individuals		2,845	450
		35,497	19,450

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2021	2020
Clerk's fees		10,000	8,500
Independent	examiner fees	2,609	2,550
Planning fees		2,685	280
Financing costs		172	214
		15,466	11,544

10	Net gains/(losses)	Net gains/(losses)	on Investments
				Unrestricted	Unrestricted	Endowment	Total	Unrestricted	Unrestricted	Endowment	Total
				funds	funds	funds		funds	funds	funds
				general	designated			general	designated
				2021	2021			2020	2020	2020	2020
				E				E	6	E	6
	Revaluagon	ofinvestments		18,275	39@70	65,709	123,354	5329	20,186	(9,242)	16,273
	Ga)n/(loss)	on sale	ofinvestments	1,847		17,703	19,550
				20,122	39,370	B3,412	142,904	5,329	20,166	(9,242)	16,273

Tangible fixed assets
	Other Freehold	Westgate	Tlbbits Court	Total
	tend and	Almho uses
	Buildings
	f
Cost or valuation
At 1January 2021	1&9,825	600,000	750,000	1,539,825
Disposals	(16,050)			(16,050)
At31December 2021	173,775	600,000	750,000	1,523,775
Carrying amount
At31December 2021	173,775	600,000	750,000	1,523,775
At 31December 2020	189,825	600,000	750,000	1,539,825

								Unlisted
								investments
								f
Cost or valuation
At 1 January 2021								859,563
Additions								344,299
Valuation changes								142,904
Disposals								(227,216)
At 31December 2021								1,119,550
Carrying amount
At 31December 2021								1,119,550
At 31December 2020								859,563
							2021	2020
						Fund	f	f
Investments at fair value comprise:
16,783.46 Charities Omcial Investments				Fund Income		Endowment
Shares							345,175	302,294
99,806National Association ofAlmshouses					Common	Endowment
Investment Income Shares								83,458
7,177M &G Charifund	Investment	Bonds				Endowment		98,509
6,837.70Charities Omcial Investment			Fund		Income Shares	Unrestricted	140,627	123,157
30,733National Association ofAlmshouses					Common	Unrestricted
Investment Income Shares								25,699
835.74Charities 0%cial	Investment		Fund	Accumulation		Designated
Shares							202,686	172,666
260.31Charities OScial	Investment		Fund	Accumulation		Designated
Shares							63,131	53,781
9,922.22 Charities Oflicial Investment			Fund		Income Shares	Endowment	205,504
1,378.5 Charities Omcial	Investment		Fund Income Shares			Unrestricted	28,352
6,519.15Charities Official Investment			Fund		Income Shares	Endowment	134,075
							1,119,550	859,564

13	Financial instruments			2021	2020
				f	f
	Carrying amount offinancial assets
	Instruments measured	at fair value through	profit or loss	1,119,550	859,563
14	Debtors
				2021	2020
	Amounts falling due within one year:			f	f
	Other debtors			15,589	10,855
	Prepayments and accrued income			911	1,085
				16,500	11,940
15	Loans and overdrafts
				2021	2020
				f	f
	Other loans			39,375	45,675
	Payable within one year			6,300	6,300
	Payable after one year			33,075	39,375

Creditors: amounts fa	lling due within one year
		2021	2020
		f	f
Borrowings		6,300	6,300
Accruals and deferred	income	13,728	13,187
		20,028	19,487

17	Creditors:	amounts	falling	due	after	more	than	one	year
										2021	2020
										f	f
	Borrowings									33,075	39,375

			Balance at	Revaluations,	Balance at	Revaluations,	Balance at
			1January 2020	gains and losses	1January 2021	gains and losses	g1December
							2021
			f	f	E	f	f
Extraordinary	Repair	Fund	157,274	15,392	172,666	30,020	202,686
Development	Fund		48,987	4,794	53,781	9,350	63,131
			206,261	20,186	226,447	39,370	265,817

Analysis o	fnet assets between funds
		Unrestricted	Designated	Endowment	Total	Unrestricted	Designated	Endowment	Total
		funds	funds	funds		funds	funds	funds
		2021	2021	2021		2020	2020	2020	2020
		E	E	E		E	E	6	E
Fund balances at31December 2021are
represented	by:
Tangible assets				1,523,775	1,523,775			1539,825	1,539,825
Investments		168,978	265,817	684,755	1,119550	148,855	226,447	484,261	859,563
Current assets/(liabilities)		30,563			30,563	41,699			41,699
Long term	liabigties	(33,075)			(33,075)	(39,375)			(39,375)
		166,466	265,817	2,208,530	2,640,813	151,179	226,447	2,024,086	2,401,712

22	Cash generated from activities	Cash generated from activities		2021	2020
				E	f
	Surplus for the year			96,167	14,401
	Adjustments for:
	Gain on disposal of	land		(101,032)
	Movements in working capital:
	(increase) in debtors			(4,560)	(5,750)
	Increase/(decrease)	in creditors		541	(2,102)
	Cash generated from/(absorbed		by) activities	(8,854)	6,549
	Net cash disposal of	land		117,082
	Investment additions			(344,299)
	investment proceeds			227,216
	Almshouse loan repayments			(6,300)	(6,300)
	Decrease in cash			(15,155)	249