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||||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|
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|,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|
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|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|
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|||||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|
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||||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|
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|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|
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|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|
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|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|
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|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|
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