| Pacae | |||
|---|---|---|---|
| Legal and | Administrative | Information | 1 to 2 |
| Trustees | Report | 3to 4 | |
| Trustees | Responsibilities | ||
| Report of | the Auditors | 5to7 | |
| Statement | of Financial Activities | ||
| Balance Sheet | |||
| Notes to the Accounts | 10to 15 |
| ,Co-optati | ve appointed under clause 3ofthe schem |
e of2 March 1983 |
|---|---|---|
| Retirement date |
||
| D.J.Evans | F.C.A. (Chairman) | 24 June 2025 |
| M.J.Harris | M.B.E.,J.P., M.A. (Vice Chairman) | 30 November 2022 |
| R.G. Smith | F.R.I.C.S. | 21 August 2024 |
| E.J.Curtis | F.C.I.B. | 20 May 2021 |
| D. Mason | 24 August 2023 | |
| T.Proctor | B.Sc. | 28 April 2023 |
| Mrs. V. Kershaw | 24 October 2021 | |
| Mrs. J.McNaney | 29October 2022 | |
| Dr. R. Davies | 28 February 2026 | |
| S.Sharpe | 30October 2025 |
| Nominative appointed by the City Council |
Nominative appointed by the City Council |
ofCoventry under clause 4 |
|---|---|---|
| Mrs. E.Eaves | 16May 2024 | |
| Councillor | M. Lapsa | 16May 2024 |
| Councillor | Mrs. C. Miks | 16May 2024 |
| Councillor | R. Lakha | 16May 2024 |
| Mrs. P. Hetherton | 16May 2024 | |
| Councillor | J.Clifford | 16May 2024 |
| Councillor | T.Jandu | 16May 2024 |
| Unrestricted | Unrestricted | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Accumulated | Designated | Endowment | Total | Total | |||||
| income | funds | funds | 2020 | 2019 | |||||
| Notes | F | F | |||||||
| INCOME FROM: | |||||||||
| Charitable Activities |
|||||||||
| Rents | 30,427 | 30,427 | 35,316 | ||||||
| Investments | |||||||||
| Investment income |
7,918 | 7,918 | 11,848 | ||||||
| Total incoming resources |
38,345 | 38,345 | 47,164 | ||||||
| EXPENDITURE ON: | |||||||||
| Raising Funds Investment management |
costs | 428 | 428 | 417 | |||||
| Charitable Activities |
|||||||||
| Accommodation costs |
3 | 26,695 | 26,695 | 35,46'i | |||||
| Governance costs |
4 | 4165 | 4,165 | 3,995 | |||||
| Total resources expended | 31,288 | 31,288 | 39,873 | ||||||
| Net income/ (expenditure) before Investment gains/ (losses) |
7,057 | 7,057 | 7,291 | ||||||
| Net Gains/(Losses) on investment |
assets | (2,757) | (10,511) | (13,268) | 17,522 | ||||
| Net income/(expenditure) Net movement in funds |
being | 4,300 | (10,511) | (6,211) | 24,813 | ||||
| Reconciliation offunds: |
|||||||||
| Total funds brought forward |
158,891 | 29,283 | 327,838 | 516,012 | 491,199 | ||||
| Total funds carried forward | 11 8 13 | 163,191 | 29,283 | 317,327 | 509,801 | 516,012 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 205,775 | 205,775 | ||||
| Investments | 283,650 | 293,155 | ||||
| Total fixed assets | 489,425 | 498,930 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 2,791 | 2,313 | ||||
| Cash at bank | 30,758 | 27,513 | ||||
| Total current assets | 33,549 | 29,826 | ||||
| CREDITORS: Amounts | falling due | |||||
| within one year | 10 | (13,173) | (12,744) | |||
| NET CURRENT ASSETS | 20,376 | 17,082 | ||||
| NET ASSETS | 509,801 | 516,012 | ||||
| THE FUNDS OF THE | CHARITY | |||||
| Permanent endowment |
funds | 317,327 | 327,838 | |||
| Unrestricted income funds |
192,474 | 188,174 | ||||
| TOTAL FUNDS | 509,801 | 516,012 |
| FIXEDASSET INVESTMENTS | Quoted | |
|---|---|---|
| investments | ||
| Market value at 1 January 2020 Additions |
293,155 48,502 |
|
| Disposals Change in market value |
(44,739) (13,268) |
|
| Market value at 31 December 2020 | 283,650 | |
| Quoted investments at market value comprise: |
2020 | 2019 |
| E | ||
| British Government securities |
15,528 | 15,358 |
| Other UK fixed interest | 16,193 | 19,873 |
| Overseas fixed interest |
20,514 | 6,318 |
| Global Equities Unit trusts |
75,606 122,297 |
98,042 118,874 |
| Equity Investment Instruments Other assets |
12,507 21,005 |
12,518 22,172 |
| 283,650 | 293,155 |
| Included in the above are the following representing more |
than 5%ofthe portfolio:- | |
|---|---|---|
| Market | ||
| value | ||
| E | ||
| Artemis Global Income Units | 24,791 | |
| HSBC ETFSS&P UCITS ETF | 23,361 | |
| Artemis Income E GBP Dis |
19,412 | |
| Blackrock Life UK Equity Dl Dis Charities Prop Fund lnc BNY Mellon US Equity Inc F UK Govt 4.25% 07/12/2027 |
18,904 17,053 16,550 15,528 |
|
| M8,G Investments | 15,253 | |
| DEBTORS | 2020 | 2019 |
| F | ||
| Rents | 1,104 | 171 |
| Prepayments and accrued income |
1,687 | 2,142 |
| 2,791 | 2,313 |
| 9. | CASH AT BANK | CASH AT BANK | 2020 | 2019 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Current account | 14,330 | 10,938 | |||||||
| Quilter Cheviot | 16,428 | 16,575 | |||||||
| 30,758 | 27,513 | ||||||||
| 10. | CREDITORS: | Amounts | falling due within one year | 2020 | 2019 | ||||
| Rents | 495 | 614 | |||||||
| Accruals | 12,678 | 12,130 | |||||||
| 13,173 | 12,744 | ||||||||
| 11. | UNRESTRICTED FUNDS | ||||||||
| Balance at | Incoming | Losses | Balance at | ||||||
| 1 January | resources | and | 31 December | ||||||
| 2020 | a~nd | aine | ~ex enditere | 2D20 | |||||
| Designated funds: Extraordinary repair Cyclical Maintenance |
fund fund |
13,540 15,743 |
13,540 15,743 |
||||||
| 29,283 | 29,283 | ||||||||
| Accumulated | income | 158,891 | 38,345 | (34,045) | 163,191 | ||||
| 188,174 | 38,345 | (34,045) | 192,474 |
| ANALYSIS | OF NET ASSETS B | ETWEEN FUNDS | |||
|---|---|---|---|---|---|
| Inter-fund | Net | ||||
| Fixed | debtors and | current | |||
| assets | creditors | assets | Total | ||
| E | f. | ||||
| Endowment | fund | 345,188 | (31,930) | 4,069 | 317,327 |
| Accumulated | fund | 144,237 | 2,647 | 16,307 | 163,191 |
| Designated | funds | 29,283 | 29,283 | ||
| 489,425 | 20,376 | 509,801 |