## **TILE HILL AND WESTWOOD CHARITIES** ## **REPORT AND ACCOUNTS** ## **FOR THE YEAR TO 31 DECEMBER 2024** |**CONTENTS**|**PAGE**| |---|---| |Trustees' report|1.| |Accountants report|2.| |Receipts and payments account|3.| |Statement of assets and liabilites|4.| ## **TILE HILL AND WESTWOOD CHARITIES** ## **TRUSTEES’ REPORT** ## **FOR THE YEAR TO 31 DECEMBER 2024** The trustees present their report and financial statements for the year ended 31 December 2024. The financial statements have been prepared so as to comply with Charity’s governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”. The Tile Hill and Westwood Charities, of 46-48 Hodgetts Lane, Burton Green, CV8 1PJ, is registered with the Charity Commission (Number 220898) and constituted by a Scheme dated 10 April 1951, as amended by a Scheme dated 2 February 1989 as amended 28 April 2011. The Charity is administered by its Trustees and those who served during the year and up to the date of signature of the financial statements:  David Line  Adrian Hickinbottom  Lesley Tacon  Janet Hickinbottom MBE  Peter Wall Trustees are appointed by the existing trustees. New trustees undergo an orientation day to brief them on: their legal obligations under charity and company law, the Charity Commission guidance on public benefit, and inform them of the content of the constituent documents, the committee and decision-making processes and recent financial performance of the charity. During the induction day they meet other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. The Charity's Bankers are Lloyds Bank plc. at its High Street, Coventry branch and its Independent Examiner is Paul Reading. The object of the Charity is to provide assistance to benefit needy sick persons residing within its beneficial area, being the neighbourhoods of Tile Hill and Westwood and elsewhere within a three-and-half mile radius of 93 Cromwell Lane, Coventry. The Charity employs no staff; all its activities are carried out by its Trustees who meet when necessary for this purpose. The majority of its funds are distributed by the Charity annually to beneficiaries whose eligibility and need is reviewed by the Trustees. The Charity, through the Trustees, tries to maintain links with the local community to identify other opportunities to provide assistance to suitable beneficiaries. The Charity can often assist in cases which fall outside the criteria of other organisations and can, in particular, operate expeditiously to assist in unexpected cases of need. During the year the charity made grant payments of £30890, which comprised sixteen grants to other organisations and four grants to individuals. The Charity is always on the lookout for other suitable opportunities to provide assistance and keeps its activities under review. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning the future activities. This year we have extended our grant giving to schools in our area of operation, based on their Pupil Premium numbers. Pupil premium is funding to improve educational outcomes for disadvantaged pupils in state-funded schools in England. The Trustees have examined the charity's reserves in the light of the main risks to the organisation and future plans. They have established a policy whereby the free reserves, being general funds not committed or invested should be approximately one year's expenditure. This level of reserves is needed to meet the working capital requirements of the charity and to ensure that the charity could continue for a year whilst further funding was obtained . At 31 December 2024 the charity’s reserves were £30,9705 which is significantly sufficient. The charity relies on the income generated from investments to develop its activities. The finance information is detailed on pages three to four and shows incoming resources of £32,083.54. The trustees plan to review the programme of assistance with the intention to increase spending in the future. ## **ON BEHALF OF THE TRUSTEES:** A. HICKINBo￿om Date.. ## **TILE HILL AND WESTWOOD CHARITIES** ## **ACCOUNTS FOR THE YEAR TO 31 DECEMBER 2024** ## **INCOME AND EXPENDITURE ACCOUNT** **All income, expenditure, assets and liabilities of the charity relate to unrestricted funds. The charity does not have any restricted or designated funds.** |**1.**
**Receipts and payments account**
**Income receipts**
Investment income
Dividends
Bank and building society interest
**Other receipts**
**Total receipts**
**Direct charitable expenditure**
Individual grants to benefciaries
Other grants
**Other expenditure**
Accountancy fees
Trustee meetng expenses
Bank charges
**Total payments**|**2024**
**£**
25,151
6932
_______
-.
_______
32,083
_______
950
29,940
_______
30,890
100
-
-
_______
30,990
_______|**2023**
**£**
24,805
5,688
_______
_______
£30,493
_______
1,338
6,500
_______
7838
660
-
-
_______
£8,498
_______| |---|---|---| (3) ## **TILE HILL AND WESTWOOD CHARITIES** ## **ACCOUNTS FOR THE YEAR TO 31ST DECEMBER 2024** ## **BALANCE SHEET AND NOTES** |**2.**
**Statement of assets and liabilites as**
**at 31st December 2024**
**Monetary assets**
Bank and building society balances
Bank savings account
Bank current account

**Investment assets**
**45,530.99 units (2024 - 45,530.99) COIF Income shares – Market Value**
**Total Funds**
|**2024**
**£**
207,472
10,633
_______
218105
_______

923974
1142079
_______
|**2023**
**£**
195,389
21,463
_______
216852
_______
903563
1120415
_______| |---|---|---| ## **ON BEHALF OF THE TRUSTEES:** **A. HICKINBOTTOM Date** : **CHAIRMAN** (4) ## **TILE HILL AND WESTWOOD CHARITIES** ## **REPORT AND ACCOUNTS** ## **FOR THE YEAR TO 31 DECEMBER 2024** |**CONTENTS**|**PAGE**| |---|---| |Trustees' report|1.| |Accountants report|2.| |Receipts and payments account|3.| |Statement of assets and liabilites|4.| ## **TILE HILL AND WESTWOOD CHARITIES** ## **TRUSTEES’ REPORT** ## **FOR THE YEAR TO 31 DECEMBER 2024** The trustees present their report and financial statements for the year ended 31 December 2024. The financial statements have been prepared so as to comply with Charity’s governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”. The Tile Hill and Westwood Charities, of 46-48 Hodgetts Lane, Burton Green, CV8 1PJ, is registered with the Charity Commission (Number 220898) and constituted by a Scheme dated 10 April 1951, as amended by a Scheme dated 2 February 1989 as amended 28 April 2011. The Charity is administered by its Trustees and those who served during the year and up to the date of signature of the financial statements:  David Line  Adrian Hickinbottom  Lesley Tacon  Janet Hickinbottom MBE  Peter Wall Trustees are appointed by the existing trustees. New trustees undergo an orientation day to brief them on: their legal obligations under charity and company law, the Charity Commission guidance on public benefit, and inform them of the content of the constituent documents, the committee and decision-making processes and recent financial performance of the charity. During the induction day they meet other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. The Charity's Bankers are Lloyds Bank plc. at its High Street, Coventry branch and its Independent Examiner is Paul Reading. The object of the Charity is to provide assistance to benefit needy sick persons residing within its beneficial area, being the neighbourhoods of Tile Hill and Westwood and elsewhere within a three-and-half mile radius of 93 Cromwell Lane, Coventry. The Charity employs no staff; all its activities are carried out by its Trustees who meet when necessary for this purpose. The majority of its funds are distributed by the Charity annually to beneficiaries whose eligibility and need is reviewed by the Trustees. The Charity, through the Trustees, tries to maintain links with the local community to identify other opportunities to provide assistance to suitable beneficiaries. The Charity can often assist in cases which fall outside the criteria of other organisations and can, in particular, operate expeditiously to assist in unexpected cases of need. During the year the charity made grant payments of £30890, which comprised sixteen grants to other organisations and four grants to individuals. The Charity is always on the lookout for other suitable opportunities to provide assistance and keeps its activities under review. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning the future activities. This year we have extended our grant giving to schools in our area of operation, based on their Pupil Premium numbers. Pupil premium is funding to improve educational outcomes for disadvantaged pupils in state-funded schools in England. The Trustees have examined the charity's reserves in the light of the main risks to the organisation and future plans. They have established a policy whereby the free reserves, being general funds not committed or invested should be approximately one year's expenditure. This level of reserves is needed to meet the working capital requirements of the charity and to ensure that the charity could continue for a year whilst further funding was obtained . At 31 December 2024 the charity’s reserves were £30,9705 which is significantly sufficient. The charity relies on the income generated from investments to develop its activities. The finance information is detailed on pages three to four and shows incoming resources of £32,083.54. The trustees plan to review the programme of assistance with the intention to increase spending in the future. ## **ON BEHALF OF THE TRUSTEES:** A. HICKINBo￿om Date.. ## **TILE HILL AND WESTWOOD CHARITIES** ## **ACCOUNTS FOR THE YEAR TO 31 DECEMBER 2024** ## **INCOME AND EXPENDITURE ACCOUNT** **All income, expenditure, assets and liabilities of the charity relate to unrestricted funds. The charity does not have any restricted or designated funds.** |**1.**
**Receipts and payments account**
**Income receipts**
Investment income
Dividends
Bank and building society interest
**Other receipts**
**Total receipts**
**Direct charitable expenditure**
Individual grants to benefciaries
Other grants
**Other expenditure**
Accountancy fees
Trustee meetng expenses
Bank charges
**Total payments**|**2024**
**£**
25,151
6932
_______
-.
_______
32,083
_______
950
29,940
_______
30,890
100
-
-
_______
30,990
_______|**2023**
**£**
24,805
5,688
_______
_______
£30,493
_______
1,338
6,500
_______
7838
660
-
-
_______
£8,498
_______| |---|---|---| (3) ## **TILE HILL AND WESTWOOD CHARITIES** ## **ACCOUNTS FOR THE YEAR TO 31ST DECEMBER 2024** ## **BALANCE SHEET AND NOTES** |**2.**
**Statement of assets and liabilites as**
**at 31st December 2024**
**Monetary assets**
Bank and building society balances
Bank savings account
Bank current account

**Investment assets**
**45,530.99 units (2024 - 45,530.99) COIF Income shares – Market Value**
**Total Funds**
|**2024**
**£**
207,472
10,633
_______
218105
_______

923974
1142079
_______
|**2023**
**£**
195,389
21,463
_______
216852
_______
903563
1120415
_______| |---|---|---| ## **ON BEHALF OF THE TRUSTEES:** **A. HICKINBOTTOM Date** : **CHAIRMAN** (4) Trustees Tile Hill arKI WestWCKKI Charl￿S Haven Cottage Hase￿Y Knob Warwick CV35 7NJ 6th Octc4)er 2025 Dear Sirs Tlle Hill and we$￿C￿ Charities I retKYt to the trustees on my exaM￿th of ts ￿¢￿ntS of Tile Hill and WethcKxl Charrties (Ihe Charrty.) frx ts year elm￿] 31$1 D￿￿nt￿ 2024. Responsibilities and basis of rep￿t As the chartty trustees of the Charity. yrxj are restMThitAe for Ihe tryaration d the accounts in accordance wtlh the ￿Uirements of the Chatilies Act 2011 (Ihe Acr). I rekN)rt in reS￿t of my examinath)n of the Chanty's ￿¢l￿nts carried out under section 145 of the Act and in carrying OLrt my examinati(￿ I have fdk>wgJ all the applicable Di￿110nS gNen by the Charity Commissicffl urKler Sect]r￿ 145(5Xb) (rf th8 AGL Independent examin*s staten￿rt I have Complet￿ my examination. I confirm that rK) material matters have come to my atlention in connecth￿ with the examinab'on giving me cause to bdieve that in any material respect: 1. accwnting rec(Kds were r¥)t kept in respect of C￿lty as requlred by wtion 130 of the ACL or 2. the accounts do not accc*d with 11b￿e reccffd& I have no concems and have come ￿To&S TKJ other matters in cOnn￿tiOn with tha examination to whrh attenti(￿ SIK￿ be drawn in this reFxM in (￿der to obtsin a woper understanding of accounts. Yours fa[thf￿ Pal eading