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|||Pacae|
|---|---|---|
|Charity
Information|||
|Trustees'
Report|||
|Independent
Examiner's|Report||
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Notes to the Financial Statements|||
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|CHARITY NUMBER:|CHARITY NUMBER:|221440|||
|---|---|---|---|---|
|TRUSTEES:||Mrs. R. Bott (Chairman)|||
|||Mrs. H. Jones|||
|||J.Barrett|||
|||Mrs. J.Rawlings|||
|||The Reverend|Canon Barbara Glutton||
|||Mrs. P Smith|||
|||The Reverend|Graham|Gales|
|CLERK TO THE|TRUSTEES:|Mrs. M. Allanson|||
|PRINCIPAL OFFICE:||8 &9The Quadrant|||
|||Coventry|||
|||CV12EG|||
|INDEPENDENT|EXAMINER:|G.R. Cox BA FCA|||
|||Dafferns LLP|||
|||Chartered
Accountants|||
|||One Eastwood|||
|||Harry Weston Road|||
|||Binley Business Park|||
|||Coventry|||
|||CV32UB|||
|BANKERS:||Barclays Bank|pic||
|||25 High Street|||
|||Coventry|||
|||CV1 5QZ|||
|INVESTMENT MANAGERS:||Quilter Cheviot|||
|||Provincial
House|||
|||37 New Walk|||
|||Leicester|||
|||LE1 6TU|||
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|||forthe|year ended|31 MARCH 20|21|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||General|Endowment|Total|Total|
|||||fund|fund|2021|2020|
||||Notes||E|E|F|
|INCOME AND ENDOWMENTS||FROM:||||||
|Generated
funds:||||||||
|Voluntary
income||||||||
|Donations
and gifts||||600||600|600|
|Investment
income||||||||
|Dividend
income and tax refund||||52,202||52,202|71,353|
|Grants Returned||||104||104|480|
|Rents receivable||||505||505|505|
|Other revenue|||||||849|
|Total investment
income||||52,811||52,811|73,187|
|Total income||||53,411||53,411|73,787|
|EXPENDITURE ON:||||||||
|Charitable
activities||||||||
|Grants payable||||46,411||46,411|53,550|
|Support costs||||21,532||21,532|21,951|
|||||67,943||67,943|75,501|
|Raising funds||||||||
|Stockbroker's fees||||8,418||8,418|2,390|
|Total expenditure||||76,361||76,361|77,891|
|Net income/(expenditure)
other expenditure|before|||(22,950)||(22,950)|(4,104)|
|Gain/(loss)
on freehold
investment||property|||15,000|15,000||
|Net gains/(losses)
on investments||||107,373|177,112|284,485|(211,165)|
|Net income/
(expenditure)||||84,423|192,112|276,535|(215,269)|
|Transfers
between
funds||||||||
|Net movement
in funds||||84,423|192,112|276,535|(215,269)|
|Reconciliation
offunds:||||||||
|Fund balances at 1 April 2020||||585,279|904,938|1,490,217|1,705,486|
|Fund balances at 31 March|2021||8|669,702|1,097,050|1,766,752|1,490,217|
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|||BALANCE SHEET|BALANCE SHEET|||
|---|---|---|---|---|---|
|||31 MARCH 2021||||
||||2021||2020|
||Notes|E|E|F|E|
|INVESTMENT'||||||
|Freehold
land|||40,000||25,000|
|Quoted investments|||1,604,609||1,321,301|
||||1,644,609||1,346,301|
|CURRENT ASSETS||||||
|Accrued Income||4,648||||
|Barclays Bank pic||52,942||47,361||
|Quitter Cheviot bank accounts||96,978||104,311||
|||154,568||151,672||
|CURRENT LIABILITIES||||||
|Accruals||32,425||7,756||
|NET CURRENT ASSETS|||122,143||143,916|
|NET ASSETS|||1,766,752||1,490,217|
|CHARITY FUNDS:||||||
|CAPITAL FUND||||||
|Endowment|||1,097,050||904,938|
|INCOME FUNDS||||||
|Unrestricted
fund|||669,702||585,279|
|TOTAL CHARITY FUNDS:|||1,766,752||1,490,217|
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|GRANTS||||2021||2020|
|---|---|---|---|---|---|---|
||||No.|E|No.|E|
|To individuals|for the following|purposes:|||||
|Educational|||2|6,453|6|2,803|
|Clothing|||11|5,397|35|12,093|
|General|||51|34,561|84|38,654|
||||64|46,411|125|53,550|
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|FIXEDASSET INVESTMENTS||||
|---|---|---|---|
|||2021|2020|
||||F|
|Market value at 1 April 2020||1,321,301|1,591,444|
|Less: sale proceeds||(239,091)|(273,728)|
|Add:
acquisitions
at cost||237,914|214,750|
|Net gains/(losses)
on revaluation|at 31 March 2021|284,485|(211,165)|
|Market value at 31 March 2021||1,604,609|1,321,301|
|Historical cost as at 31 March 2021||1,351,910|1,335,207|
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|||||General||
|---|---|---|---|---|---|
|||Endowment|Designated|Unrestricted||
|||Fund|Income Fund|Fund|Total|
||||E|F|E|
|Freehold|land|40,000|||40,000|
|Quoted|investments|973,731||630,878|1,604,609|
|Balances with Quilter Cheviot||55,405||41,573|96,978|
|Other current assets/liabilities||27,914||29,676|57,590|
|Current|liabilities|||(32,425)|(32,425)|
|Fund balance||1,097,050||669,702|1,766,752|
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