Charty r•gl•tratlon number 229237
COVENTRY FREEMEN'S CHARITY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

COVENTRY FREEMEN'S CHARITY
LEGALAND ADMINISTRATIVE INFORMATION
Tru8toes
Mr D Hondford
MrJ Parry
Mr M Rawson
MrG M WI￿nKIn
Mr D Bullman
MrD C Mander
Mr P Rosier
Mr R B8n$al
Mr J Wlkfnson
Mr S J Rawson
Charfty numb•r
229237
R•9l•t•r•d offl¢•
3Mc Mlddlernarch BusIn￿8 Po
Siskin Drfv•
Coventry
CV3 4FJ
Audltor
Daff•fft6 Audit Llmlt•d
Harry ￿$10￿ Road
Binley Bu8Sn•88 Park
Cov•ntry
Unlted Klngdom
CV3 2U8
8•nk•v•
S8C
54 Hlgh Slr••l
Covtrnlry
CV1 SRE
Solkitov•
M4ndÈr Hadl•y Limited
S¢li¢ilor8
1 Th• Quadfanl
Coventry
t Mldland
Unlted Kingdom
CV12DW
Inv••tment advl$oTS
Qullter Chevlol Ltd
PTC&vlncSal Hous•
37 New Walk
Leicestér
LE16TU
United lQngdom

COVENTRY FREEMEN'S CHARITY
CONTENTS
P•g•
Tru8te•1' r•port
Slat•m•nt of trust•￿, f•spOn￿bIl￿
IrwJw•ndonl audtor'• rewl
St*t•mMt
8glorK• •h••t
Statornent 01￿¥h IINJ
10
Nots8 tg lh• fi￿nC￿lI **t•monl•

COVENTRY FREEMEN'S CHARITY
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present Ih•ir annual rgport and f nondal Blaternents for the year end•d 3108cembei 2024.
The financiai slal&menl$ have been p￿pared In accordance with thè accounlln9 polities set out in note 1 to the
financial stalèmenls and comply wrth th8 charlty's govemlng docurnenl, thè Charrties A¢1 2011 an¢J 'A￿¢t￿ntIng
8nd Reporting by Charities.. Statam8nt of Recommended Pracb'c8 applicable lo charib•s prep8r*vJ th•ir aGGounls
n 8¢¢oidance with the Flnandal Reporting Stsndard applicabl8 In the UK and R8publl¢ of Ireland IFRS 1021"
(effective 1 January 20191.
OblvGtlv•s and actlvltl•s
Th8 aims and obla¢Uve8 of tho Charlty lor th¢ perlod under ievkgw wèrè 88 follow$'.-
al The payment of sch8ma ben•fil$ lo ne•¢Jy Freeman of Ihe City ol Covènty and Ihelr dyndants and
wldows, Wido￿r3 and other form¥r dependants ol a deceaged Fmman. who arè ro8ldenl vAlhln the existing
bDundary ol th• City of Cov•Atry, ar with￿ a radius 01 $6ven mile$ Irom St Mary's Hall.
bl Rellef in need, rell¢vln9 *llher generally or Indlvidualty, por8on$ havlng slmll4r typ•i cf quAlmcations lo the
Bcheme benefft recipi•nls of the Charity.
Tho tru8tae$ hav• conBSdered tha Charlty Cornmi$don's g8nér•l gLldan¢t on public ben•fit and consld8r that the
charity hgs 8chlev•d Its ablectlves during th8 period und8r r•vi¢w.
The IrL$8te8s h￿e paid due r&gar¢J lo guldan¢e i88ued by th• Ch•rity Commlgslon In deciding what actkvllies the
Charity should und•rtak•.
Athl•vgffl•nt¥ and ￿rf0mlI￿c•
Seh•mg 8•n•flt R•¢lpl•nts
The nurnbar ol per80n8 receNing the 5ch8me under lal above al 31 Dec•mbar 2024 wa8 2,395. This wa$ m•de
up of Freemen and women 1.730, Wi¢Jowg 857, and 8p8elal ¢g$&$
Paymen18 made to th• scheme bèn&fll re¢lplents tolaled £516,572 whl¢h complrng Yrfilh £52S,812 in 2023.
DU￿n9 th• year no Jddttlonal rellef was granted12023- nll).
After di8ch8rging all liabllltles and tsking into account adluBlrn&nls for galns and10$8e6 cn both InvèAtm8nls and
Inve51menl properties, the Chonty w8$ left ￿t￿ 8 surplus of E273,232 ag $hown In the sialement of Finandal
A¢tivities, on page 8.
The re81 of the Charty's Financlol St8l&menl$ ar• oxplained in lh• not•s on pago6 11 10 19 and Ihere are no
Il*ms requirlng 8pwal att•nt￿n.
Fundr4l$lng R•gulator St•t•m•nt of Compll•nc•
Covgntry Freemen's Charity does not ￿ntract with a third paty to undert•k? any fundTei5ing on its behalf.
Hence, wo have reG¢lved no fundrai$lng cornplaints duiing tho year.
Investment p8rfomianc•
The chanty contlnuad to perform well when moa9ured agaln$l ils targets and otseclivos for the year.
The principal oblecliv¢ of paying scherne bengffl payments and hardship al8vlalon to freemen was made
P08sible by tha ¢onlinulng generabon of incom8 from th• property and inveslrnent portfolio. The portf¢li95 of
Property and inv8Stm8nts Gontinued to generalg sufficient rÈlums lo ènabl8 thè pNndp81 objeclNes to b& mo1.
and the trustees consider that performance was satisfactory for the year.
Bad dabls r81ating to rontsl income of £31,27512023, £11,6681 wer¢ vKitten off during the year.

COVENTRY FREEMEN'S CHARITY
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanelal f•vI
ln¥￿tM&nt polley Ind oblectives
TheTe are no ieslTlclion5 on the Charlly's powèr to Invè8t. The investment stratègy is set by the Tru5t8es for a
p&riod of flve years and lakes account of ￿cent derrand for funds. The Truslee8 conBider the Inccffle
requirements, tho risk profile and the investment manag8r's VI￿ of the market prospects in the rnedium term.
This slralegy is sel wllhln 8n overall policy whlch states that the endowment fijnd is to be invested in low 8nd
medium risk Inve5tm8nts wllh a lo ensuring that copilal appreciation of the fund 8x¢g¥ds Infl*on ov•r ea¢h
ve year perfod. The unrestricted and re$tri￿ed lund8 may be invested in ony type of investment Our strategy Is
reviewe¢J wfth our investment mangger8 annu811y.
Thè Charsty has a broad ba8ed Inve51menl policy and relia$ on Ihe advice tsf ils brokers QLwlt6r Cheviot Llmilfjd
lor Ihe mana9•m*nl of ilB investmen15. Th8 Instrucllons glven are to Invest lor income and meolum lo low rlgk
Stocks. Th• Charity has c0nsm18ra￿O investment$ In propert108 which aT8 managed by the surveyor$, Loveitts.
The Trust•*8 are satlsfied that th8 In¢om¢ and ¢apltal value of all investment$ has risen durin9 y&ar In Iln•
wlth kn¢¢hyn market indices.
Th• Charlty'$ IrW￿l￿ent mon8g•rs 8re ¢ommltted lo res￿nalb1e Inveatment and consider 80clal, envlronmental
and ethlral facloT8 in their inveslm&nl stral&gy.
R0*•￿￿ pollcy
The 8ndowment funds r•presenl tho c4pStal of th• Charity upon fomallon which is lo bo mainlain•d indof4nll•ly.
11 is intended Ihal the level of unreslricted fvnd8 represèntad by ae¢umLdated surp4useB are to equate to at l•asl
one year's expenditure bul nol more than fv40. This Is consld•r•d a prud¢nl l•vel tsl unrestricted r85erv•s, $lnca
allow8 current commitrn•nts lo b• mot whllst malntalnlng fl•xibility lo d•81 with unlore8een ovenls.
Tho current reserve8 ar• £1.953,056 In tho unrtsslrfcted fund which ar• tht Ire• re•ervei and £17,672.900 on th•
•ndowment fund. The total funds h•ld were E19.625,956. Those aro hold lo en8bl* the chartty to meet Il8
on9olng comm+tment to scherne ben•fil reclpi•nls. No funds had ba8n de*gnat•d a$ al the year end. There
w•ro no programmo related Invastm¢nt$ at th? year end. The unrestrlcled fundg h*ld 8r• In accordancè th•
r•99iv¢s poIIcy,
8our¢•s of lundlnq
The main source of fundlng contlnuèd to b• tha prop•ty and invostm•nl portfollo.
Rl#k managgrn•nt
The Twytee8 have *xamin•d th• m•jor $tr4tegi¢, bu￿neSB and operational rf$k8 whl¢h the Charity face8 and
confirm that 8yStem& have been 9slabll#hed lo enable regular reports to be produced 5¢ Ih#l the neceaBary 8t•ps
can be taken to le5&en these risks. The risk management 16 r&vlewed annually by th• Tru81oe8.
N•w and futurg dev•lopm•nt8
Th8 trustees of the charity currenlly in ¢on8ultatton wth th• ¢harfty's cc4nmlsslon lo determine the ftrture
direction of the charily and revl8w118 objedivts and distribultrjn wlicy.1118 Ilkoly th41 going forward there will be
some changes irnplemented wlthin Ihè s¢h&rre bènefit.
Structuro. governance and management
The Charity 1$ consliluled under a scheme ordarÈd by the Charity Commlssloners lor England and Wale8 Soaled
on 29th Decémber 1978 embracing the chadlie¥ formerty kr￿wn as..
. The Fr￿Men,5 seni￿ltY Fund
b. Th• Estates of the Ffeemen and Wdows of Fr•omen of the City of Coveniry
c. The Estates ol the Freemen of the City of Coven¢ry.

COVENTRY FREEMEN'S CHARITY
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
Trwto•s
The trustees vtho s•rv•d during th• y&ar wore..
Mr D Handford
MrD Mason
Mr J Parry
Mrm Rawson
Mr R Smith
Mr G M Mklnson
Mr D Bullrnan
Mr D C Mander
Mr P Rusier
Mr R Bansal
Mr J ¥￿IkInSOn
Mr S J Rawson
Mr D Evan8
{ReBlgned 15 Novfjmb8r 20241
IR6$KJn￿ 16 July 20241
IAppoint•d 6 S•ptemb•T 2024 and reglgn•d 7 ￿veMber
20241
How d•cl$lDn$ •r• mad•
Tha board ol Irusl••$ MO￿$ regulorly for Iho purpo4¢s of dlscu881ng th6 charfty's affalrs and d•cl&lon maklng.
Indu¢llon and trnlnlng of tru$tM*
New trustees undergo a pèriod of orientation to brief them on th•ir legal tsbligation8 undor Ghqrlty law, the Content
ol Ihe gov8mlng docum•nt. the commille• and d8clslot) maklng pr￿¥$•$. the busln655 plan and recent
financial perfomiancè ol th• Chgrity. During the indudlon they m&•1 k*y personnel and other trust•o8. Tru$l•a$
are encDuf8g8d to att•nd Bppr¢prlo1ts extemal tralning •vent$ wh•r• thts￿ will facilitate the undertaklng of thdr
roF•.
Th• trus
' roport was •pprov•d by th? 808rd ofTru8t80$.
TnJ*a•

COVENTRY FREEMEN'S CHARITY
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Iwslees are responsible for preparing the TN$ltr&$' Report and the financial statements in accordance with
applicable Ipw and Unrted Klngdom Accounting Standards Iunlled Klngdom Genetrally A¢￿pted A¢ci)unling
Practieel.
The law appll¢able lo charftie$ in England and Wale8 requlres the Iruglee$ lo prepare financial statements for each
flnanclal yèar which giv• a tru& and fair view ol the slate ol affalrs of the charity 8nd of thg I￿ornIng re8our¢g8 aTh
appllcation ot r8sour¢eJ of the charity for that year.
In preparlng Ihestr financial stalem•nl$, th• Irust•e5 are required to..
- Jelocl suitabl8 accountlng pollcfr•$ •nd then ap￿Y them conslslgrfy..
observ8 th8 m8thod$ anrj prlnclplè8 In the Charltles SORP.,
- mak8 ludwm•nl8 and e3￿Mate3 Ihat are raoson8ble 8nd prudènt..
stal? wh•th•r applicable accounllng standards have been followed, BubJ8ct lo eny m•t?rfal depqrture¥ di•ck>•ed
and ?xplained in the flnanciol statements,. and
prepar& tha fln8nclal 8tatsments on Ihe 9c4n9 concem b8s18 unles8 It Is inapproprl8t• to presum• that th• charty
will conllnue In Qporalion.
The Iru$l¢M •re f•8F4jn￿bl0 for keeplng 8uffichnl accounllng recordB th91 ￿th rea￿nable accuracy al Mny
tlrne the financi•l p08itson ol the charity and onabltr them lo ensure that thg flnancl81 $lalemeJnls comply with the
ChAriti•s Act 2011, th? Charlly (Account8 ond Reports) Regulahons 2008 and the provlsion$ ol the trust deed. They
are also rosponslbl8 for salaguordlng the asset$ of the ¢hadty and hence for laklng r••8onabl• sl•p8 for the
prev•ntion and d8tèctlon of fraud Anit other irr•gularits&g.

COVENTRY FREEMEN'S CHARITY
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF COVENTRY FREEMEN'S CHARITY
Oplnlon
We have audrted Ihe financial stal•menl$ of CovBntry Freemen's Charity Ith8 'charily'l for the year ended 31
Oecember 2024 which comwise the Statement ol finandal activitie$. the balance sheet, the statement ol cash flows
and the notes to th• finarrial slatemenls, including a sumrnary o16ignificant accountlng policies. The financial
reportlng fram&work that has been applied in their preparallon is applica￿e law Bnd United Kingdom Aecounting
Standards. including Flnancial Rèportlng Sl8nd¥rd 102 Th? Finan￿al R8portlNJ Standard applIca￿e UK and
Republic of Ireland IUnit8d Kingdom Gènerally Accepted Accounting Pradl¢è).
In our oplnlon, the financlal 6tal8ments'.
giva a tru• and falr viow of lh& stale of th• charlty's affair8 as at 31 December 2024 and of ill kn¢omirrfJ
rosour¢es and application of resources, fctr the yèar then ended..
have b88n properly prepared in ac￿rdan¢& with Unlted Klngdom General￿ Accoptad Accountlng Pract1￿.,
and
have been prepared In accordance wlh tha r8quir•m•nts ol lh• Charfll•8Acl 2011.
8•sls for oplnlon
Wa conducted our ¥udil in accordance wtth International Slgndgrd$ on Audlllng {UKI IISAS IUKI) and appllcable
law. Our re$pon8ibilili¢$ under those standards are further described In the AudrfDrfs rpspon&bilitigs lor Ihe éudil of
the finan¢i81 slalemenls Sectlon ol our report. W• arè Independent ol the charlty in accord•nc• with the elhlcal
r•qulremenl$ that arè relevant lo our 8udrt of the financlal statements in UK, in¢ludlny Ihe FRC'S Ethlcgl
Standard, ond w• havo fulnllod our othor Othical r•$pon8lbillVè6 In a¢cordance wllh these requlrements. ￿ b•ll8v•
that the audit evldfjn¢e we have obtained is sufficlenl 8nd approprlato lo provide g ba818 lor our oplnSon.
Concluslon• r•latln9 to gvlng concèrn
In auditing the flnanclal slat8manls, w• hav• concluded Ihat the trust¢o•' u•• of th• golng conum ba818 of
a¢eounts'ng in the weparatltsn of lh• finandal $lal&men181s approprlalo.
Baged on Ihg work w• have performed, ￿ hov• not Idenllfied any material un¢artalntl•s r•lalhy to av8nls or
conditlon$ that, indlvldually or colle¢liv•ly, mgy ca81 glgnlftc8nl doubt on the charity's Abillty to conUnu8 as a golng
concérn for 8 p¥n¢d ol al ￿a81 ￿1Ve months from when tha ffngncial statements ar8 authorl8o(J for Issue.
Our r•sponsiblllts•$ •nd th• r•8ponslbilitl88 01 th• trustèès wllh re6PgCt lo golng concern are dèscrfbad In the
Televant 8ectksn$ of thls r•port.
Oth•r Inforni4tlon
The other Inlomiation compri$*$ the inlomialicn included in the annual rwrt olhor than the finall￿al statements
and our 8udil¢rs report Ihwton, The trustees are respon8ibl8 for the other informatlon conlaineLI wlthin tITe annual
r•porL Our opinion on thg fin¥ncial 3talernen15 does not covar th• other inlormation and we do not expres8 any form
of 8s8urance concluslon thereon. Our responsibility is to read the other Infomallon and, in doing so, consider
whether the other inforTn¥tion 15 malgrlally inconsislenl wilh th• financ4al slalemenls or our knowtedge obtained in
the course of Ihe aodit. tsi otherwse appear5 to be mateilally mi¥sl8led, If we idenb'fy such material inconsistenciis
or apparent mgteri81 mig¥talement8. we are requir¢d to d¢l¢rmino bvhether Ihls gives rfse to 8 material rnisslalemenl
in the finaneial staternenls thomselves. If. bawd on the work we have performed. we condude that th¢r8 1$
material misstatem•nl of thi8 olher information. we are required to report that fact.
We hav¢ nothing lo report in this Tegard.
M•tt•N on whlch we are r•qulr•d to r•port by ¢xGeptlon
We have nothing to rtrport in respect of the folowin9 matt•r$ in relation to which th& Charltth (Accounts and
Reports) Regulations 2008 require us lo report to you If, our opinion..
the informa*on given in the financlal slalements is inconsistent in gny materf81 r•sped wth Ihe trustees.
r8POrt', or
sufficient accounlng records havè not been kept.. or
the financial $lalements are not in agreement wlth the accounllng records.. or
W8 have not received all th• information and oxplanatlons wa r8quir& for our audiL

COVENTRY FREEMEN'S CHARITY
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO TrIE TRUSTEES OF COVENTRY FREEMEN'S CHARITY
U$• of ourr•port
This report ￿ made sc4ely to th• ¢h8rtty'$ tN$l•e$, a$ a body, in accordance with part 4 of Ihe Charitie$ IA¢¢tsuTrts
and Reports) Regulations 2008. Our audll Work has bvon un¢Jgrtaken $0 that we might slate to the charrty's tru3168S
thosg matters we ar0 required to 8tate to them In an audltof$ report and for no olhor purp958. To tha fullost 6xtent
pwmltt•d by law, we do not accept or assume regpon8lbllity lo thnyone other than th• charity and the charity's
trust•es aj a body, for audlt work. for thi$ report. or Ib• oplnth8 we ￿Ve formed.
D•ff•rn• Audlt Llmlt•d
Ch*rt•r•d Accountant•
Stst￿t0ry Audltor
H8ry Road
Blnley Bu8ineB8 P*
Coventry
Unrted Klngdom
CV3 2UB
Daffams Audit Limited Is ellglbl• for appolntm•nl •$ auditor of tho charity by vSrtu• of Its •I￿1b11￿ loi 8PFdnlm•nt 08
auditor of • ¢ompany under 1212 of tho Companl•$AGt 2006.

COVENTRY FREEMEN'S CHARITY
INDEPENDENT AUDITOR'S REPORT {CONTINUED
TO THE TRUSTEES OF COVENTRY FREEMEN'S CHARITY
Regponslbllitig¥ of truJtee5
AS explained more lully In the Statemant of Truslee5' Responsibilitles. Ihe tnJst8es are re$ponglble for the
preparation Of the accounts and lor being sallsfied th81 they give 8 true and fair view, and for such Internal Control a$
the directors dèlttmine ig necessary to •nabl8 the Preparation of aCC￿nts that ai• frets fiom materiol mTrsgtatem&nl,
whether due lo fraud or error.
In pmparing th& accounts, the trustees ar• reopon8lbl• for ass&$slng the chgrity's 8blllly lo contlnua as a going
concern. dl$¢loslng, a8 applicable, matters related to going concern and using th& golng c¢ncem basis of
accounting unlèss the Irusle8s 8lth¢r Intend to cea56 op•rallon5. or have no roalislic atternalive bul lo do so.
Audi¢ofs responslbllltl•8 lor tho audlt of the fln•ncSal slalem•nts
We h8ve be￿ aPPOlnted 8$ 8(Jdit¢r under yection 144 of the Charitie$ Ad 2011 and report In a￿Ordanc0 byith
r•9ulallons made under $•ction 154 of IhalAct.
Our obleclive5 ar• to obtain reaBonable as$uran¢& about whether thg finantlal statement8 as a vtholo 8re free from
malerfal rnlssiat•m8nl. wh&lhèr due lo fraud or error, and fo Issue 8udltor'B r•port that In¢ludes our opinion.
Re850nable assuranc8 is • high level of assurance, but is not a guarantee that an audll conducted In accordance
th ISAS IUKI wlll alw8y8 delect a rnal&ri81 rnis81aternent whan il •xlsl8. Misstat6m8nts Can •rl&• from fraud Dr
error and are consldtrred material If, individually or In the 8ggragal&, they could reasonably be t¥pecled lo Influenc•
Ihe economic deci8ion8 of us•rs t8k•n on the ba8is of the$¢ financial Blalomont$.
lThegularilles, Includlr@ fraud. are Instanc•$ ol ntsNcompllancg wtth laws and r8gulollon8. We de￿9n proceduTaS In
line with our responsibllilles. o¢Jtlined abov¥, lo delect malgrlal ml68lalemen16 in respect of Irreguladles, including
fraud. The •xt•nl to whlch our procedur&$ arp capabla of d8t¥ciing irregularits8s, indudlng traud d01ailed belgw..
Enquiry of managtsmenl and thoso ¢harged with gov•rnanc• around actual and potential Illifab'on and
cl*lms
Enquiry of antlty $taff in complian¢e ￿nctIOnS to Id•nllfy any in61anceB of non-¢ompllanc• wlh laws and
regul8tionB
Rovi¥wlng minut?$ ¢f m••ling$ of tho$• charg•d with gov•manc•.
Revlewlng financial statam•nl di•clo•uTes and 108llng lo suppcdn9 do¢um?ntatson lo aBse15 compllanc•
th applicable law8 and r•gulation81
P•rfomiing 8udit work over lh• rlsk ol management 0￿rrIde of control8. includlng ts$ttng ol l¢umal entri•$
and other adluslrnenls for 8ppropnalen&ys, ev8lualing th* business ratlonal• of $1gnifi¢anl Iran$a¢tion6
oulyide the normal course of buslne$s and reviewlThJ aceounting e3tlmat88 for ￿38.
Because of the Inher•nl Ilmltsllons of #n audit. Ih•re 18 a risk that w8 will not detect all irregularities. includlng those
loading lo a mat8ri&l ml$slal&ment In the financial 8tatem8nls or ntsn-¢0rn￿ianCe wkth regulollon. This rfsk
In¢￿ase3 the mole that eompli8n¢e with a law or reyulatbon is r8mov•d Irom the events and tran59th"on5 reflected
In the financlal ststemenl$. as we wll b• l•ss likely lo becomo awar¢ ¢1 instances of non-wmp113nc8. The risk 16
al$0 greater regarding Irr•gularilies occurring due to fraud rathor Ihgn error, as Iiaud InvoSvèg Intentional
co￿21ment, lorg•ry, cdlu¥ion, omission or Mis￿presents￿.on.
A frjrther descriptlon of our respon5ibllllig8 Is available on the FRC'S w8b8lt8 at.. Attys,'IAwhv.frc.org.ukl
audltorsresponslbililies .This descrip*'on ftsrrn$ part of our auditor's report.

COVENTRY FREEMEN'S CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unr•StrIct￿ Endowment
funds
fund¥
2024
2024
Total
UTrrestrlcted Endowmont
ftrndl
lund$
2023
2023
Total
2024
2023
Nots•
lllcome from:
D¢)nalions and
legaclos
Invtr•lm8nts
58,232
1,135,089
58,232
1,135,089
70,000
1.099,198
70,000
1.099.198
Totsl Incomo
1.193,321
1,193,321
1,169.198
1,169.198
d1￿1¢
Charrtable actlvlles
1,089,774
1.089,774
897,232
897,232
Net ga1n8ll1o￿NI on
Investmènts
89,037
60,fj48
189.885
72,574
81,974
154.548
N•t m¢v•ment In fvnd•
192,584
80,648
273,232
344,540
81.974
428,614
Fund balanc88 at 1 January
2024
1,760.472 17,592.252 19.352,724
1.41 S,932 17,510,278 18,920,210
Fund b•lan¢ffi at 31
Doe•mb•r2024
1.953,058 17.672,900 19,825.958
1,760,472 17.592,252 19.352,724
Th• statemènt tsf fin*nci*l •ctltheg Includ•s all galnl and1089a$ rKognlMd in lh• y•*r.
All incom• and expendltur• d•rtv• from canilnulng ActNIti￿.

COVENTRY FREEMEN'S CHARITY
BALANCE SHEET
ASAT31 DECEMBER 2024
2024
2023
Flxed ass•ts
Investment propety
Investments
11
12
18.282.427
2,898,871
16,282,427
2,789.953
19,161,006
19,052.380
Curr•nt a•••ts
Debtors
Cash 81 b•nk and kn haTh
14
82,797
431,785
51,317
292.219
514,582
343.536
Crndltorn: amounts fallln9 du• T￿thIn
on• y•ar
18
149,7241
143.1921
N•t Current *$iets
464,858
300,344
Totsl as••ts l•M curr•nt Iliblllth#
19,825,gS8
19,3S2,724
Capltal fund•
Endowm•nl funds- gen•rnl
Incom• fund•
Unre3tricled bJndB
17,672,900
17,592,252
1,953,058
1.760,472
19,825,P56
19,352,724
The flnancl
18tatement$ war• approv•d by th• Tru8ta•i on ..,..... .. . . .........
Tr￿t•&

COVENTRY FREEMEN'S CHARITY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Ca$tt flow8 Irom opornting acllvlll
Cash absorbed by ¢peration8
21
11.058.490)
(829,7401
Inv•stlng actSvltl•s
Invostmant Income
Income from li$t•d Inv￿tMents
Inler•st rec•ivable
Purcha80 01 Inve8tsn•nt woporty
Purchase of other inve8lmenl8
Procoeds on th¥posal of oth•i Inv8skn•nl¥
1,032,474
1,000.564
95,357
3,277
1199,1851
1343.8581
436,4CQ
8.271
1161,2521
222,219
N•t ca•h g•n•rat•d from Inv••tln9
a¢tlvltl•s
1,198,056
992.756
N•t ¢a•h u••d In flnanclng •¢tlvltl
N•t IncM••• IN ca•h and ca•h •qulval•nt•
139.580
183,015
Cash and cash ￿U5V8￿nts 81 b&glnnln9 of y•ar
292,219
129.204
Ca•h *nd G••h ￿￿1¥ll•￿ts It trnd of y••r
431.785
292,219
Anaty818 ol ¢a#h •nd ¢*•h •qulv•l•nts
Bank bal•rKoJ and ¥hort t•rm d•w't8
431,785
292,219
10-

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Aecountln9 pollcl•
Charlty Informat5on
Coventry Freemen's Charity is a chgrll8lle trust ¢on$lrtuted under g scheme ordered by the Charlty
Commissioners tor England and Wale8 sealed on 2gih DecembÈr 1978. See reference In the Irust••s' report.
1.1 Accountlng ¢onv•ntlon
The financial stOtem&nts have been prepared in accordance wlth the charity's gOV81nlng document. Ihe
h•riti•$ AGI 2011 and Accounling and Reporting by Charities.. Slatement ol Recommendéd Practice
applicable to charllles pr*pafing their accounts In accordance with th8 Finanaal Reportin9 Standard
applicable in thè UK and RopukAi¢ of Ireland IFRS 1021 l•ffeGb'v• 1 January 2019}" The charity Is o Public
Benefit Entity a8 d￿Ined by FRS 102.
Th• financial statemon18 have departed from the Charllles IAccounls and Reports) Règulallon$ 2008 only lo
tha 8xl8nl required lo provKle a true and lair view. Th1& departure has involved followng the Stmlèmenl of
R•¢Dmm•nded Practice lor charilw45 gpplylng FRS 102 rather than tho ver81on ol the Slat•m•nt of
R•¢omm8nded Practi¢e whith is r8lerred to In Itt• Regulations but which has since bèen withdrawn.
Th• financial 6lal•ment$ ar• Pf¢par•d in st•rflTrJ, whlch Is th8 fun¢tional euNoncy of tha charfty. Mon•tary
mounts In these financlal statements ale rounded to Ihe nearést £.
Th• llnanclal 81al8mènt$ hav• been prapar8d under the hlstcric81 cost convention, modifled lo Includo the
ravaluation of froehold properties and lo include inve61menl propeflle8 and cèrtain finan¢i41 in8tNmonls al fJlr
valua. The principal accounting pollcleB adopted are Sel oul bebw.
1.2 Golng concgrn
The fin¥ncl31 slaltrm•nl¥ have b•en pr•par•d on a going ¢oncem ba•ls 0$ th8 Trust•8B beli•v• that no
malerlal uncertaintiés ¢xi$l. The Tw$l&8s have considered th¢ level of funds held @nd the expected level of
ncom& #nd ¢xp&ndllure foi 12 month8 from authori$ing th*$¢ flnanclal statemants. The budgeted incomè and
èxpènditur• is $ufficsent vthh th• laval of reseNes for the charity to be able to contin￿e as a going concern.
1.3 Charltabl• tund*
Unrestricted lund5 are avall8ble for use al the discrallon ol th¢ IIu8ttss In furtherance of chartsble
objectives.
Raslri¢t8d funds arÈ suble¢l 10 5p8chlc condlllons by donors as to how they may be used. The purpts&o8 and
use$ of th& reslrld•d fund? are set out In the nol•s lo th¥ finsncial statements.
Endowment funds aro subject lo Spadflc conditions by donors that th8 capital musl be rnainlained by th•
charlty.
1A Incom
Incorna Is r8cogn15&d when thè charity is lagally enlided lo il after any parformance conditions have been mel,
the amount5 can bè m•a5ur•d rel18￿y. and It is probable that income will be recaved.
Legacies ar& recognised on receipt or otherwise if the ch?rily has been notified of an irnpending dyslribution,
the amount is known. and receipt 18 probable. If the amount 18 not known. the legaey18 Irealed as a Conbngent
asset.
Rental income from operating le88es Is reeognised Ir) thè ststement of financjal actjvltles on • 3trai9hl-Ilne
Dasis over the lease lerrn

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accoumtlng pollcl•s
IContlnu•dl
1.6 Expendhure
All expenditure is accounted ftsr on 8n accruals basis and has ¢la8sified under h&adirfj8 that •ggrg9at•
all ¢osts r81at8d to tha ¢al49ory, Expenditure 1$ r&¢ognised where there 1$ o le981 or con8lructivè tsbligatlon lo
make paymanls lo Ihlrd parties, it is probable that the settlemanl will be requifed and tho smount of Ihe
obligation can be mea8ured reliobly. 1119 CategoJlsed under th¢ followin9 headings..
Expendilure on chaiilable a¢ts'vllSes,
Other expenditure repres&nts those items not falling into Ihe categorieB abov•.
Irrecoverable VAT Is charged as an eKpens8 against the adlvlly for whth exp¢ndttur• aTOBe.
Grants payabl8 tc+ third parties are within the charilBble obleclives. Wher¥ unBDndrtlonal grants are offered.
this is gccruad 88 800n 45 the racipient 18 nollfied of the grant, as this giv￿ rise lo a roasonable expeclation
Ih8l the raclplonl will receN8 th• grants. grants are con¢Jili¢nal relating lo performance then the grant 1$
only 4Gcrugd when any unfulfillad ￿nditionS are outside of the Control olthe charlty.
Support costs allocatlon
Support costs arè tho8e that assist th• work ol the charity but do not dtrgctly Rpresent charllable activlties
and Includ• office costs. govemance ¢cists, admlnlstralive payroll co6ls. fhty are incurred directly in support
of 8xp•ndilurtr on the objects of tho ¢harity. Where support costs ¢8nnot be dlrectly attributed lo p•rticular
heading$ they have been allocated to cosl of raising funds gnd èxp¢ndllur• on chariiable 8CtNilig$ on a basls
cor*8i$l¢nt th u8e of the resource$.
The anaty$is C*1 the80 co$1$ 18 inclltded in note 8.
1.6 Invèstm•nt prop9rty
Investmanl property, whSch is property held to 0am renlals •ndlor IN caprtal apprèclalion, 18 initsalty
recognls•d at cost, whi¢h In¢ludes th? pur¢ha$g ¢osl and any directly attrlbut3bl• èxp8ndilur&. Sub$equenUy
il i¥ moa8ur8d at fair value al the reportlng 8nd do1¢. The surplu5 or defldt on r¥valualion 1$ r•¢ognlsed in
profll or loss.
1.7 Flx•d a$ut Inv••tmonts
Fixed a68et inveslrnenl$ arè inllially measured al Iransactlon prlce excluding tran8a¢llon cosls. and are
sublequentty m•Jsured al falr valutr Il each reporting dale. Changes in lair v8lue are re¢ogni8ed in not
Ineom$llexp•ndilurel for the year. Transaction cwls arn expensed a8 Incurrèd.
1.8 Ca#h and c•$h •qulval?nt8
Ca$h cash equiva18nts Includè cash in hand, dep0811s held al call wrth banks, other short-tem Ilquid
inv•$tments wth original maturlties of ihree months or 18Gs. and bank overdrafts. Bank overdrafts ara shriwn
within borro￿￿98 In current1SabllltKfj$.
1.9 Finaftclal Initrum•nts
The charity h8$ elecled lo apply the provl8lonA Of Section 11 '8asi¢ Fbnancial Instrumenls, and Secllon 12
'Other Financial Inalrumenls Issues. ol FRS 102 to ¥ll ol its financlal inslwm¥nls.
Fin8nual instruments are recognised In the ¢h4rty's balance shegl the ¢harity becoms party to th&
contractual provision8 of th6 instrument.
Financial 8ssels and Ilabllldes 8re offset, ￿th the nel arnounts presenlgd in the financial statements, when
there is a l•gally enlor¢eable righl lo set off th? rg¢ognised amount8 and there 1$ an intention to Sethe on a net
basis or to reglise lfve asset and Sett￿ the liability 3imLllaneously.
Basic finanual assets
Baslc fftnanGial assets, which inclu¢• dobl¢r5 and cash and b8nk balxn¢È8, afe inltbally rneasured ot
transactlon prl¢e IrKluding trans8Ction cogts and are $ub$equently carria¢J al amortised cost using the effecbve
interest method unle55 the arrangement constilules a financing transaction, where Ihe transaction is
measured al the present value of the fvILsre receipts discounted at a market rate of interest. Financial as¥ets
dassifi8d as receivable wthin ong yoar arg not aM0￿.Sed.
12.

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng poll¢l••
{ContlTrued
8a$l¢ finan¢1￿ Il•blllU•s
Basic financl81 I)a￿.11t1eS, Including c48ditor8 and bank loans are iniJally recognlsed al transaction price uniès$
the arT8ng8manl constitutes a financing transaction. wheY• th• debt instrumant is moa6ured al Ihe pre8enl
V81ue of the fvturo payment8 discounted ot a market rale of intere81. Finan¢lo1 liabllhies classified oj payable
thin one year are not F4nortI8ed.
Dobl in$trurnent8 are subwu8nUy carri8d at amortMed cost, U81ng the effecllve Interest rale method.
Trade er¢dllt)r8 are obli9allons lo pay for goods or $•rVi￿5 that hav• beon aequlrad in the ordinary courge of
operatlon6 from Buppller5. Amounts payable are d089ified as currenl11ob11111•8 If wym•nl is due within one
year or 1988. If not, they are pr•senlad as nonvcurrenl liabilttleB. Trade cradilors ¥r• r•¢o9nl8•d inSlally al
transaclion pnc• ond subwu8nlly mea6wed at amort18ed co81 uslng the effective lrtere81 method.
D•rn¢ognltlon ol Iln•n¢l•l Il•blllll•s
Flnanclal liabilille• •r• doro¢ogni8•d charfty'$ wnlroGtual oblgatlon$ explr• or are dS8charg•d ci
cancell•d.
1.10 T•xatlon
Thè tox exp•n8• r•pre¥•nl8 th• Bum of th• thx ¢urrnntty p4yabl* arvj dof•rT•d tax. Th• ¢h•rity is not li•t4• to
Income lax on h'$ ¢￿￿table actlvlWa8.
1.11 Erry)loy•• b•n•fftts
Th8 cost of any unused hjllday enlftlem•nt IJ r•cogni•ed in the perlod in whlch th• •mploye•'8 ￿￿1¢8• ar•
racdved,
Tttmln#tion ber*fft* recegn18ed Immoolately •• In 8xpen$e when the charbty l• d•mon$lrably commlttad
lo l•minbto th• Omployment of an frmployots or to provide lorminatlon b8n8fft$.
Crlllcal ic¢ountlng ••tlmat•• and ludg•m•nt•
In the ap￿1¢￿tIon of thè ¢harlty'3 ac¢ounllng poliu•$, the Iru$teeg aro fequlr•d to mak• ludg•ments. •¥llm•tag
and &ssumptlonB about the carrybng arnounl of assets and ￿aIN'11t*8% that ar• n¢1 rgadily ¥ppar•nt from other
sources. The e8limate8 und asso¢i8t¥d a$wmption$ 4r• based on hl$lorlcal •xp8rfence and other factors that
are ¢on61d•rad lo be relevant. Acts￿1 rè$ull$ may dlffor from Ihè88 ••llmate$.
The e$limates 8nd und•dylng. 0$8umplK*n$ ar• revlewod on an ongoing b481$. R￿1810n& to atcounlng
6brnats8 are recognlsad in the p•riod in whlch th8 astlm8t8 18 revlMd whar8 th8 r•vlsion affects only that
perKJd, or In the pèrbd ol IhÈ revrsion and fulure perioda wh•r• th• T¥vi$ion 8ffect8 both current and lulure
Oon*tlonJ and legacl••
Unmtri¢ted Unmtrktsd
funds
funds
2024
2023
L•g8C4es rO￿1ved
58,232
70.CQQ
13-

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
In¥•#tm•nt#
Unrn8trkt•d Unr•strlct•d
funds
fund•
2024
2023
Rèntal Inoome
In￿rne from11gled Inv•8tments
Bulldlng le88è8
Ackno￿¢￿9￿M*nts
Interejt r•¢￿Vable
1,032,290 1,000,380
95,357
60
124
3,277
124
8,271
1.135,089 1,099.198
Incom• from Inv•$lm•nl Income w88 wholy thbutabl• lo unrestflct•d funds In the euN•nl •nd prec•dlng
y•*r.
Ch•rrt4bl• ictlvltl••
2024
2023
Inve•tm•nt brok•
Comm1481on$ pald
Property r•palr•
Rala$ and wat•r
Llght Ind hoat
Surveyors fees
Legal fe9$
Seniorfty payments
Insuron
Bad dabl
5,414
85,750
336,029
3.681
1.482
18,153
13,212
518.572
35,819
31.275
5,391
62,853
123,300
1,971
3.929
37,209
12,672
525,812
44,102
11,888
1,045,367
848,907
Sharè of gupport cost$188e note 61
Shor• of gov•rnBnce co8ls {gee not• 61
21.937
22,470
2e,755
21,570
1,089,774
897.232
Expenses V￿1n charftablg •dlvrti•$ wai wholty attributsble to unrestricted fundB In tho current and pr•c•thng
14-

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support Gosts
Support Governance
costs
¢o$ts
2024
Support govèm•n¢•
¢o$ts
2023
S9nk)rily $¢)ftwa
Sundry expenses
Clerk and finance costs
Le9al experb5es
Bank c*Erges
480
2,018
15,450
1,415
2,574
480
2,018
15,450
1,415
2,574
480
2.817
14,880
7,109
1.469
480
2.817
14,880
7.109
1,469
Audll lees
Clerk and financ8 Costs
7,020
15,450
7,020
15,450
6,890
14.880
8.890
14.880
21,937
22.470
44,407
28,755
21,570
48.325
Anoly8od be￿￿8n
Charitable activlb'o8
21,937
22,470
44,407
26,755
21,570
48,325
GoverMnce co818 Irdud¢• p•ymenls to lh• audStors of £7.020 {2023- £6,890) for 4udM f••o.
TruBt•••
Thero w•r• no tru8t••&' remun•ratlon or olh•r boneflts for Ihe y8ir ended 31 D•c•mbor 2024 nor 2023.
TrUbts￿, •xp•n*••
Nono of IM trusteej rec•ivod any •xpen$•• In th• yojr •nd•d 31 D•cembw 2024 nor 2023.
Employ•••
The 8Vtrag8 monlhly numbèr of •mploye•s durfng th• yoor was..
2024
NuM￿r
2Q23
Number
Clerk
Thwe w•r• no employoos whose annual rgmun•ratkn wag more than £80,000.
15-

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
Not galnBlllosse¥} on Inv•stm•nts
Unmtrlct•d Endowm•nt
fund#
funds
g•n•r•l
2024
TotAI
Tol
2024
2024
2023
Revoluobon of Inve8lment8
89,037
80,848
189,885
154,548
For th• year •nd•d 31 D•¢•mbor
2023
72.574
81.974
154,548
1Q Taxatton
Th• chqrlty Is oximpt from tax on Incom• •nd g4ln8 lallln9 wllhln Bectkjn 605 of the Ta￿9 Act 1988 or 8ecNon
252 of Tax8tlon of Charg•*ble Gains Act 1992 to th• •xt•nt that lh*￿ are appllod lo b chartlable obl•¢ts.
11 Inv•stm•Dt pvop•rty
2024
F*lr v•lu•
Al 1 J•nuary 2024 and 31 D8comber 2024
18.262,427
The land and bulldlTrJg ￿re r&valu•d ty Lovdtts, Charteftd Surveyors, •4 at 31•t O•cember 2021 on •n
open mark•l ba•1$ in accordanc• wth lh• guld•lln•$ I8su•d by the Royal Injlilullon of Ch8rterod Surv•yors.
12 Flxod au•t InvMtm•nts
Llgt•d
Inv•stmonts
Co•t or valu•tlon
Al 1 January 2024
Addf(lonE
Valuallon Ch￿je$
Dlwos818
2,789,953
181.252
169,198
221,7321
Al 31 D0￿mber 2024
2,898,671
Carrylng amount
At 31 December 2024
2,898.87t
Al 31 Docomber 2023
2.789.953
18-

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Fln•nclal InJtrum•nts
2024
2023
CarrylTrg •mounl of flnanc141485otJ
Dtrbt instruments m885ured al amortlsed ¢¢$1
Equty instruments measured at fair valu•
82,797
2,898,671
51.317
2.789.953
rArrylng irnount of financlal Il•bllltl•s
M•a8ured at amorll$•d cost
46,909
37,894
14 D•btorn
2024
2023
Amounts falllng du• *lthln on• y••r:
othor d•btors
82.797
51.317
15 Crndltorn: 4mounts f4111ng du• wlthln on• ymr
2024
2023
Olher tax3U￿ and 80&41 iecuiity
Olh•r Cr￿￿or9
Aurual$ and delerTed Incom•
2.815
24,431
22.478
S.498
28,588
11,128
49.724
43.192
16 Endowm•nt fund•
Endowmenl funds r¢pr•s•rt a8eets vthlch musl b• hdd pennan•ntly by th• chartty. Incomè ad$lng on
•ndovmienl funds ¢•n be UBed in a¢cord4ncè wllh the objects of lh• ¢haMty and Is Induded 98 unr•$tslct•d
Income. Any ￿pital galn8 or109s•s arfslng on the asoets form port of Ihfj fijnd.
lan￿ •t R•v•luatlo
•lan¢• •¢ R•v•l¥•iio
l J•N•ry 2023
• •nd1 J*huwry 2024
Ind 31 ￿E•rnb•f
2tyk4
17,510,278
81,974 17.592,252
80.648 17,672,900
17,510,278
81.974 17.592,252
80,648 17,672.900
Th18 ftjnd con8ists of the oriLwMI endowm•nt In¢orporated In the Indosur• Award$ dated 2nd Nov•mber 1860
an*J dated 22nd June 1875 logather vAth the aGcurnulaled galns or108688 ariwng on dl¥p08al of the Chartty'8
Investments and may ¢th b• applied in Ihe acqui511ion of other inveslments.
17-

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Anafy515 of net asJets befv4•0n fund$
Unrestrictgd Endowmoftt
2024
2024
Totsl Unrostrkt•d Endowment
2024
2023
2023
Total
2023
Fund balance8 al 31
Dacambar 2024 are
r8presented by..
Inveslrnent propertl89
Investments
Currant a8setsllllabllille81
16.282,427 18.282,427
1.418,882
2.898,671
464.858
16,262,427 16,262,427
1,460.128 1,329,825 2.789,953
300,344
300,344
1.478,809
464,858
1,944,667 17.681,289 19.825.956
1.780,472 17,S92,252 19.352,724
18 Fln•n¢lal ¢ommltm•ntg. guarnnt••g ind contlnq•nt Il&bllltl•*
Cornrnrtmenls of £18,729 12023.. £56.9381 lor repalf8 on prop•rU•4 own•d by tho ¢h8rlty hJv• b••n
contract•d bul not provided for in th• ffinancbal *t8lqm•nts.
19 Op•r*tlng l•a•• commllmonts
Lo•¥or
The op8r8ting le08e8 r•pr•8•nt to8￿$ ¢f varylny tèm$ to thlrd partles. Som• of th• l•a$•s include a
provl$lon for periodic upward rant r•vi•ws according lo prèvalllng market wii*llons.
At th• r•portlng end dat8 th8 tharfty had contra¢l•d wlh ter1￿18 for Ihe fol￿n9 mlnlmum l•ai• paym•nts.'
2024
2023
Tthin one year
Ba￿¢en and ffive year•
In ov•r Ilve y•ar$
488,836
1,123.164
2,497,995
472,631
1,077,264
2,368,138
4.109,795
3,918,033
20 Relat•d party tr•n8actlong
TMMa¢tlon• wlth r•lat•d partl•*
Durlng the year th• C￿rity entered into the foll￿n9 transacllon8 vhth related pwlles".
P R081er a trusteè of th6 charfty w¥$ • shareholder of Loveitts Ith8 proparty manag•m•nt Mmpanyl until 30
April 2024, Loveltts char￿d mangg•m8nl rommisslon and foes of£31.$40 up to thls date {2023- £120,Cfj11.
18-

COVENTRY FREEMEN'S CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Ca*h g•n•ratsd fmm operatlons
2024
2023
Surplus for the year
2n,232
426,614
Adjuslments for.
Investment incom* re￿gnIs￿d in slal•mwrt of fflnanclal acllvities
Fair value gain8 and109881 on inv•stm•nls
(1,135,089) 11.099.1981
1169,685)
1154,54BI
Movem•nls In workkng capkal..
Iln¢rg9s•1 in d•btor8
Incr•a88 CT8dltorn
{31,4801
8.532
15,4281
2,920
C•¥h ab•orb•d ty op•ratlon•
11,056,490)
829.7401
22 Analy•l• of Cknang￿ In n•t fund¥
At 1 ￿n￿Ary
C••h At 11 DK•ml
2024
Cash ot bank and In hand
292.219
139,588
431,785
292,219
139.see
431.786
292.219
139.se6
431.785
19-