REGISTERED CHARITY NUMBER: 235321
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
WARWICK ROAD UNITED REFORMED CHURCH
LDP Luckman8
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventy
Wesl Midlands
CVS 6UB

WARWICK ROAD UNITED REFORMED CHURCH
CONTENTS OF THE FINANCIAL STATEMENTS
for tho year ended 31 December 2024
Pago
Roport of tho Trustee8
Indopondont Examlnerfs Report
Statement ol Flnanclal ActSvltlo•
Balance Shoot
Not¢• to tho Flnanclal Statemonl•
8 to 18

WARWICK ROAD UNITED REFORMED CHURCH
REPORT OF THE TRUSTEES
for tho ygar •ndod 310•c•mb•r 2024
The trustees present their report ￿th the financial statements of the charity for the year ended
31 Decernber 2024. The trustees have adopted the provision5 of Accounting and Reporting by Charities-.
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting StandaTd applicable in the UK and Republic of Ireland IFRS 1021 {effeclive 1 January
20191.
Governlng document
The Charitable Trust was established under a Trust Deed dated the 8 October 1918. with modrflcations made
4 December 1923. 14 October 1930 & 21 February 2000. 11 was registered with the Charlty Commissioners
on 4th April 1967 Iregi81ration number 2353211.
OBJECTIVES AND ACTIVITIES
ObJectlve8 and alms
Warwick Road Unlled Reformed Church Coventry is a City Centre Church, and we consider that worship and
outreach are our primary purpo$e$. We provide an opportunlty for pub5ic worship. Christian education. and
our Church Centre enables us to offer a meal and social support for the elderly.
The Trust Deed gives the trustees the power to apply funds available. once they have supported the Mlni31er
financially, pald for maintenance, repairs, loans and mortgages in such a manner as they thlnk fll to or for the
benefit of any charltable object or purpose.
When p18nning our acllvllle$ for the year the Iruytees conslder the Chaflty Commissions guidance on publlc
benefit and, Sn particular the specific guldance on charllies for the advancement of religion. The Church Is
Serving the spiritual, soclal and cultural needs of the city centre communlty thToughoul Ihg working wèek as
well as on Sunda￿. We ¥eek lo do this by..
Offering regular worship
Being inGlu$ive
Serving older people
Uslng our musul grf18
Working for justice
Working together with other churches and groups.
The trustee8 IdentWy proje¢l$ and organisalions that they wish lo support and these are Ih8n brought lo a
Church Meeting where member$ only are allowed lo vole. The Trust does not make donallons to people or
organ15alions who apply speculatively. The Trust also has a policy of not responding lo any correspondence
unless il relate¥ lo donations it has agreed lo make or lo the general management of the Trust.
ACHIEVEMENT ANO PERFORMANCE
Charltablo actlvSti88
The main Trustees, respon5ibililies concem the financial and personnel management ar￿ malnlenance of the
premlses and equipment on behalf of the Elders. A variety of Church policies and procedures are monitored
and updated by the Trustees, including the annual review of the Risk Managernenl Assessment. The other
policies and procedures are reviewed biennially.
2024 has been 8 year of continuing consoltdalion followng the COVID-19 pandemic. The cafe Is still very
popular with income slightly Improved on 2023, bul due lo drfficulties in recruSllng more volunteers we have
been unable lo return lo belng open 4 days per week, as was the case in 2020. Lettings in the Centre
Gonlinued lo increase slightly during the year.
Building maintenance and repairs to maintain the operational efficiency of the Church and Church Centre are
cosuy items but the normal servicing of boil8rs. fire extinguisher5 and electrical equipment took place during
the year.
Page 1

WARWICK ROAD UNITED REFORMED CHURCH
REPORT OF THE TRUSTEES
for the year ended 31 December 2024
ACHIEVEMENT AND PERFORMANCE
Fundraislng activitigs
Ir￿Orne for the year was £154,792 while expenditure was £175,648. Catering income from the Open Dwrs
Café in the Centre during 2024 lotslled £33,152 for the year.
The Warwck Row properties provide the Church with substantial income and so it is important that
occupancy continues to be maxlmised. Both apartments were fully let for the whole year. Income from the
lettlng lo Davisons Law of No.12 continued in 2024. The income from these properties, plus that from the car
park spaces. provided £49,792 durlng 2024.
FINANCIAL REVIEW
Flnanclal po8ltlon
The maln sources of revenue for the charity are cotlections, rental income and Interest from investments. The
pdi¢y of the Church is to maximise such revenue so as lo achieve Ils objectives.
Total Income for 2024 was £154,792 while total expenditure was £175,648. Income from unrestricted funds
was £154,589 in 2024. Unre51ricled expenditure decreased in the year by £5,256 10 £175,648 meaning an
overall deficit on unrestricted funds of £21,059. Therefore, the overall deficit this year was £20,856 Gompared
lo a deficlt of £28,275 in 2023.
The revlew of activltle5 and achievements are detailed In the major flnanclal acllon8 In 2024. We are making
all efforts lo malnlain these aclklns, and at the same time we are reviewing all our exp8nditure lo mlnSmi8e
wherever possible.
Re8er¥e8 poIIcy
The trustees have e$tsbllsh8d a pollcy whereby the unrestricted fund8 not commltted or Invested In tangible
fixed assets {"Ihe free reservo¥") held by the charity should be approxlmately six months of the resourc85
expended, which equates lo £80.000 in general funé¥. Al Ihls level, the Irvstee¥ Gonslder that they would be
able to continue the current activllles of the charlty in Ihe event of a significant drop In fundlng. However,
during the year we have paid off the remainder of the oulstandlng mortgage {£29,8931 wih Skipton 8uilding
Society. Therefore, actual free re$eNes at 31 December 2024 weie £16,935. The trustees continue lo work
lo build the base of Ir￿lM￿ng resources lo enable il to me81 115 'free reseThes" tarpel.
Page 2

WARWICK ROAD UNITED REFORMED CHURCH
REPORT OF THE TRUSTEES
for the y•ar •nded 31 December 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
RISK REVIEW
The trusle8s continue to monitor the major risks to which the charity is exposed and systems have been
established lo mitigate those risks.
IAANAGEMENT AND GOVERNANCE ARRANGEMENTS
The Trust Deed provide5 for a rninirnum of 5 and a maximum of 16 trustees. Where there is a requirem8nl for
a new Trusteè, they are identified by the Trustees and recommendation5 Put forward lo a Church Meeting.
where members can vole. The new Trustee receives a copy of the pr&vths year's annual report and
accounts and a copy of the Chartty Commissioners leaflet 'The Essential Trustee What you need lo Kno￿.
The Trustees annually revlew our Rlsk Assèssmènt, and togethér with our Elders prepare and review our
Church Plan. This plan sets our objectives for the next 3-5 years, and prlncipal actions over the next 12
months. This enables people, money and other resourcès to be channelled to meet these priorities.
CHURCH MERGER
Late in 2020 the Church was approached by another church, Mosaic Church, with a viow to Ihelr lease or
purchase of the Sanctuary since they had outgrown their existing premises and were looklng for a city centre
base for their expanding congregation. Various discussions look place with Mosaic Church, WM Synod, and
within Wamick Road ChurGh regarding ils future during the first half of 2021, and 11 was decided by Churth
Meeting on 11 th July 2021 to agree lo sell the Sanctuary (church building) lo Mosaic Church al an agread
value in accordance wlh Charity Commission guidelines and lo marg8 wllh West Orchard United Reformed
Church. Since that dale extensive negotiations over the delalls of the sale contract and future arrangements
for the use of the retained Church Centre have taken place. A final service al Warwlck Road took place on
22nd January 2022 ￿th a view lo proceeding wllh the sale and the merger with Wesl orchard URC. Since
that final service Warnick Road URC and Wesl Or¢haré URC have effe¢llvely m8rgeé their operallons durlng
2022 wllh all services taking place at tha Baginlon Road sile. Exlen81ve amalgamalion and update of
organisalional structures and policies have taken place and Baglnlon Road URC now exlsls as a de facto
operation. As part of that proce3s work has taken place, In conlunction ￿th the URC'$ solicllor, lo cre818 a
charitable incorporated organisalion ICIOI which in due ¢our$e 1$ intended to replace the trusts of both
Warwick Road Church and Wesl Orchard Church. It Is anllcSpated that this CIO will be approved by the
Charity Commi55ion early in 2025. However, because it is onSy the trustees of Warwick Road Church who are
able to sign tha sale contraGI for the Warwick Road Church building the impl8menlalion of the CIO cannot
lake place yet. When the 8818 of the church building is Goncluded the new charity can proceed.
The wa￿￿k Road Centre and frontage Warwck Row properties continue to be operated al this Stage by the
Wawck Road Chur¢h trustees but in due course will become part of the Baginlon Road URC CIO.
REFERENCE AND ADMINISTRATIVE DETAILS
Regl8tered Charlty numbor
235321
Prlnclpal addro
10 Worwick Row
Coventry
West Midlands
CV1 1EX
Trustges
D C Lalhbury- Chairman
D E Miles - Assistant Chairman
D W Jones
R Mohomed
R T Blanchard - Treasurer
K Green
Ex Officio members..
Rev Peter Kimberley
Page 3

WARWICK ROAD UNITED REFORMED CHURCH
REPQRT OF THE TRUSTEES
lor the year ended 31 D•cember 1024
REFERENCE AND ADMINISTRATIVE DETAILS
Indop8nd¢nl EJramlMr
LDP Lud(mans
1110 Elhott Court
Coventry Business Paik
Hefald Avanue
Coventry
West Midl￿d$
CV5 6UB
8oficltOMJ
Mander Hadley Ltd
1 The Quadranl
Coventry
CV12DVV
eanker¥
8arclay8 Bank PLC
25 High Slre•t
Covenlry
CV1 SRE
Lloyd¥ Bark PLC
30 HSgh Slreel
Coventry
CV16RA
Donitlon• •hould be 8enl to:
EldeN, The Wothck Rood Unitod Refomied
10 War*ick R￿1
Coventry
CVI IEX
C*￿qUes Bhould bo ¢ros6•d and mmd• piyabl• to:
Elder8, W4fY4ick Rtsad Unilèd Rèfornied C￿J￿
FINAL THOUGHTS
Once agaln, great Ihonk8 are due to all Dur Stsll. b
Idan
voluntary.
Approved by orderol th& board ol trustse8 on ... .
and 51gn•d on its behalf by..
D C Lalhbury. TIu8lee
Pagg 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
WARWICK ROAD UNITED REFORMED CHURCH
Independent examlner's report to the trustees of Warwlck Road Unlted Refom)ed Church
I report lo the charity Iruslees on my examination of the account5 of Warwick Road United Reformed Church
Ilhe Trust) for the year ended 31 December 2024.
Responsibilitla8 and baslg of report
As the charity Iruslees of the Trust you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 ('Ihe Acl'l.
I report in respect of my examlnallon of the Trust's acco(Jnts carrled out under Section 145 of the Act and in
carrylng out my examination I have followed all appllcable Directlons given by the Charity Commission under
Se¢llon 145151{b) of the Act.
Indopendent oxamlnerf8 8tatomont
I have completed my examination. I confirm that no material matters have come to my altenllon in connection
with the examlnalion glvlng m8 causé lo believe that in any material resp8cI'.
accounting reGords weTe not kept in respect of the Trust as rèquired by Secllon 130 of the Act.. or
the accounts do not accord ￿th those records., or
the accounts do not comply with the applicable requirements concerning the form 8nd content of
accounts sel out In the Charities (Accounts and Reports) Regulations 2008 other than any requlrement
that the accounts giva a true and fair view ￿lch is not a maller consldered as part of an independent
examination.
I have no con¢ems and have com8 across no other matt&rs in connection with the examlnation lo which
attention should be drawn In th1$ report in order lo enabla a proper und6rstandlng of the accounts to be
reached.
M D Spafford FCA FCCA
LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
Wesl Midlands
CV5 6UB
Dal8'.
Page 5

WARWICK ROAD UNITED REFORMED CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
for th• year gndod 31 Docombar 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
18,390
18,3
32.330
Other trading activities
Investment income
Other income
33,152
102,600
447
33,152
102,803
447
28,494
95,602
373
203
Total
154,589
203
154,792
158,799
EXPENDITURE ON
Raising funds
78,122
78,122
82,419
Charltable actlvltlo8
Grants & donallons of the church
1,750
1,750
1,750
Church
95,778
95,776
loo.￿5
Total
175.648
175,848
185,074
NET INCOMEI(EXPENDITUREI
121.059)
203
120,856)
128.275)
RECONCILIATION OF FUNDS
Total funds brought forward
1,527,842
9,787
1.537,629
1.585.904
TOTAL FUNDS CARRIED FORWARD
1,506.783
9,9
1,516,773
1,537,e29
The notes form part of these financi81 statements
Page 6

WARWICK ROAD UNITEO REFORMED CHURCH
BALANCE SHEET
31 Decernber 2024
2024
Total
lunds
2023
Tolal
funds
UNestsiclad
nds
Restrialed
lunds
Nol¢$
FIXED ASSETS
7aivJible assets
Invtrslmenl property
809.848
675,000
809.848
675,000
811,763
67S.000
10
1.4e4.848
1,464,848
1,486,763
CURRENT A88ET8
Stock
339
3,213
32.139
339
3.213
42.129
658
J.154
,736
12
Cash al bank and in hand
9,990
35.691
9.990
46,681
.546
CREDITORS
Amounts falllng du• wlthln on8 year
13
113,7S61
113,7561
143.880)
NET CURRENT ASSET8
21.935
9,990
31,925
60.866
TOTAL ASSETS LE8S CURRENT
UABILITIE8
1.506,783
9,990
1,510,773
1.537,829
NET A88ET8
1,506,783
9.990
1.516.773
1,537,829
FUNDS
Unwslricled lunds
Res1riC￿d funds
18
1.506.783
9.990
1.527,842
9.787
TOTAL FUND3
1,516,773
1,537.829
finBficl31 3t*lemenls were approved by thè Board of Tru810•8 and 8uthorf8ed tsr Issue on
.7) ky.. w. . and were $lgned on Ils behaN by..
DCL
e&-T
The notes lom part ofthese Ilnanolal statements
Page 7

WARWICK ROAD UNITED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024
ACCOUNTING POLICIES
Basls of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been
prepared in accordance wlh the Charities SORP IFRS 1021 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable lo charitie5 preparing their accounts in accordance
with the Financial ReportSng Standard applicable in the UK and Republic of Ireland IFRS 1021
{effective 1 January 20191,. Flnancial Reporting Standard 102 'The Financial Reporting Siandaré
applicable in the UK and Republic of Ireland, and the Charities AGI 2011. The financial statements have
been prepared under the hisloricol Go¥t Gonvenllon, as modlfied by the revaluation of certain assel8.
The financial stslemenls have been prepared lo give a 'lrue and fail view and have departed from the
Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a 'true and
falr vi8W. This departure has Involved following the Accounting and Reporting by Charilles.. Statement
of Recommended Practice applicable to charities preparing their accounts in accordance wlth the
Flnan¢ial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July
2014 rather than the Accounting and Reporting by Charitles.. Ststemenl of Recommended Practlce
effective from 1 April 2005 which has since been wlhdrawn.
Incorno
All inGome13 recognised in the Statement of Financlal Acllvllles once the charity has enlltlement lo the
funds, ills probable that the income wlll be re¢elved and the amount Can be measured reliably.
Voluntary Income is recelved by way of collectlons 8nd gffls and 18 Included In full In the Slalemenl of
Financial Aclivllles when receivable. The value of services provided by volunteers has not been
In¢lud8d.
Grants and legac+es ar8 accounted for as soon as the charlly Is nollfied of Ils leg81 entitlement and th8
amount due.
Investment income is accounted for when receivable. Amoun15 owing lo the church at 31 December
are shown as debtors, less provision for amounts that may prove non-colleclable.
Income from govemmenl grants a￿ recogni86d al fair value when the charity has 8nlltlemenl after any
perfomiance ¢ondilions have been mel, il Is probable that Ihe Income will be received and the amount
can be measured rellably. If entitlement is not met then these amounts 8re deferred.
Expendlture
Llabllllies are recognised 88 expenditure 88 Soon a¥ there 13 a legal or constructive obligation
commilllng the charlty lo thal expenditure. it is probable that a transfer of economic benefits will be
required In selllement and the amount of the obligation can be measured reliably. Expenditure is
eccounled for on an accnJals basis and has been classifled under headings that aggregate all cost
related lo the category. Where costs cannot be directly attributed lo particular headings they have been
allocated lo actlvltie8 on a basls consistent with the use of resources.
Grants and donations are accounted for when pald over or when awarded, If Ihal creates 8 bln¢Jlng
obl￿allon on the charlty.
Resources expended are allocated lo the particular aclivily where the cost ￿lateS dlreclly to Ih8t
activlly. whe￿ costs relat8 to more than one area they have been apportloned on an appropriate
basis.
Governance costs comprise all costs Involving the publlc accountabillty of the Church and its
compliance with regulation and good pr8cllce. These costs include the rKoduction and Independent
5cruliny of these financial statements.
Grants offered subject lo condltions which have not been mel al the year end dale are noted as a
commitment bul not accrued as expendlIu￿.
Tangible fixed assets
Depreciation is provided at the followng annual rates in order to write off each asset over Ils estimated
useftjl lrfe.
Page 8
continued...

WARWICK ROAD UNITED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for the year ended 31 Decembor 2024
ACCOUNTING POLICIES- contlnued
Tanglble Ilxed assets
Freehold propety
Fixtures and fittings
2Vo on cosl
10¥0 on cost
Individual fixed assets costing £2,000 or more are capitalised at cost.
Freehold land is not depreciated.
Investment property
Investment properties for which fair value can be measured reliably without undue c05t or effort are
measured al falr value al each reporting dale with change8 in fair value recognlsed In 'net gains 1
(losses) on investments, In the SOFA.
Stocks
Stocks are staled al the lower of cost and e¥tlmate(I selllng prSce le¥5 Costs lo complete and sell. Cost
includes all c051s of purchase, costs of conversion and other costs incurred in bringing stock lo Its
present location and condition. Cost 18 calculated using the first-in. firsl-out fomiula. Provislon Is
made for damaged, obsolete and slow-moving stock where appropriate.
Taxatlon
The ¢harlty1s exempl from tax on Ils charitable a￿1vIlle8.
Fund a¢¢¢untlng
Unreslricled funds can be Used in accordance wllh the charltable objectives at the d18crelion of the
trustees.
Reslrlcted funds can only be u88d for partlcul8r re81rkted purposes ￿thIn the oblecl8 of the charty.
Reslri¢tions arlse when speclfled by the donor or when funds are ral8ed for particular reslTtcted
purposes.
Furth•r explanallon of the nature and purpose of each fund is Included In the note8 lo the flnanclal
Slalemenls.
Ponslon costs and othef PO8t-rntlremont beneflts
The charity operates a defined contribution pension scheme. Contributions payable lo the charlWs
pension scheme are charged lo the Statement of Flnanclal Activitles in the perlod to which they relate.
Dobtors and creditors roGolvablelpayable wlthln one year
Debtors and creditors with no staled inlere5t rate and receNabl8 or payable wilhln one year are
recorded al transaction price. Any105ses arising from impairment are recognised in expendllure.
Cash and cash ryulvalents
Cash and cash equivalents are defined as being highly Ilquid. wllh a short maturty of less than 3
months.
Going Concern
The financial statements have been prepared on a going concern basis as the trustees belleve that no
ma18rial uncertainties exist. The tnjslees have considered Ihe levgl of funds held and the expected
level of income and expenditure for 12 months from aulhorising Ih&se flnanclal slatemenls. The
budgeted income and expenditure is sufflclenl wlth the level of reserves for the charity to be ablo lo
continue as a going concem.
Loasg¥
Rentals poyablo and receivable under operatlng leases are charged to the SOFA on a straight line
basis over the period of the lease.
Page 9
continued..

WARWICK ROAD UNITED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued
for th• y•ar •nd•d 31 D•cttmber 2024
OTHER TRADING AcTIV￿lEs
2024
2023
Catering income
33.152
28.494
INVESTMENT INCOME
2024
2023
Rents received
Deposit account intere81
100,347
2,456
92,769
2,833
102.803
95.802
RAISING FUNDS
Inv08tment management C￿t•
2024
2023
Staff costs
Propety repalrs
Rates and water
Light and heal
Travel
Interest payable and 8imllar charges
23.795
6.492
1.280
8,720
816
1,185
23,622
17,087
1,156
5,453
856
1,841
42,288
50,015
INDEPENDENT EXAMINER'S REMUNERATION
Fees payable lo the charivs independent examlners for the Independent examination of the charity's
financial slalemenls lolalled £2,205 {2023.' £2,100). Fees payable to the charitvs independent
examlners for accountancy services tolalled £2,20512023.. £2,205}.
TRUSTEES. REMUNERATION AND BENEFITS
During the year no Irusle6s recèivèd remuneration or other benefits for their duties a5 a trustee, one
Iruslee was employed by the ¢hur¢h as an adminislratlon a$sislanl and received Temunerallon totslling
£5,85412023'. £5,705). There were no trustees, remuneration or other benefits for the year ended 31
December 2D23.
Trust￿8. •xp•n¥o
There were no trustees, expenses paid for the year ended 31 t>￿eT￿ber 2024 nor for the year ended
31 December 2023.
Page 10
continue(l..-

WARWICK ROAD UNffED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for thè ygar •ndod 31 December 2024
STAFF COSTS
2024
2023
Wages and salaries
Other pension costs
60,230
999
55.908
61,229
56,856
The average monthly number of employees durlng the year was as follows:
2024
2023
No employees ffjceived emoluments In excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricled Re3ldcted
funds
funds
Totsl
funds
INCOME AND ENDOWklENTS FROM
Donalton8 and legacie8
32,330
32,330
Other trading aclSvllle8
Investment Income
Other income
28.494
95,593
373
28,494
95,602
373
Total
156,790
156.799
EXPENDITURE ON
Raising fund8
82,419
82,419
Charltable actlvltl•8
Grants & don8tlon8 of Ihe ¢hur¢h
1,750
1,750
Church
96.735
4.170
100.905
Tolal
180,904
4,170
185,074
NET INCOMEI{EXPENDITUREI
(24,1141
(4,1611
128.2751
RECONCILIATION OF FUNDS
Total fund5 brought forward
1,551,956
13,948
1,565,9)4
TOTAL FUNDS CARRIED FORWARD
1.527.842
9.787
1,S37.629
Page11
continued...

WARWICK ROAD UNITED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continu•d
for th• ygaT ondad 31 D•c•mb•r 2024
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
property
Totals
COST
At 1 January 2024 and
31 December 2024
838,315
53,993
892,308
DEPRECIATION
Al 1 January 2024
Charge for year
29,040
1,320
51,505
S95
80,545
1,915
Al 31 December 2024
30,360
52,100
82,460
NET 800K VALUE
Al 31 DeGember 2024
807,955
1.893
809,848
Al 31 December 2023
809.275
2.488
811,763
10. INVESTMENT PROPERTY
FAIR VALue
Al 1 January 2024
and 31 December 2024
675,000
NET BOOK VALUE
Al 31 December 2024
675,000
Al 31 December 2023
675,000
The Snveslment propertles are used for income generatlng purposes and were valued al 11 Aprll 2022
by , Godfrey-PaWon, Chartéred Surveyors. The Trustees consider that Ihls valuation ig not malerlally
different al 31 December 2024.
11. STOCKS
2024
2023
Stocks
339
656
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Grfl aid debtor
Prepayments and accrued income
2,800
613
1.556
1.598
3.213
3,154
Page 12
contlnued...

WARWICK ROAD UNITED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continu8d
for the year ended 31 December 2024
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Bank loans and overdrafts {see note 141
Trade creditors
Accnjals and deferred Income
29,893
600
13.187
13.756
13,758
43,680
14. LOANS
An an81yBis of the malurily of loans18 glven below=
2024
2023
Amounts fallbng due ￿thIn one year on demand..
Mortgage108n repayabl8
29.893
16. LEASING AGREEMENTS
Toial future wnlnlrnum lease paym8n18 receivable for the rental of Unll 12 under non-cancellable
operating lease$ are as follows..
2024
2023
Within one year
Belween one and five years
24,000
64,000
24,000
88,000
88,000
112.000
16. MOVEMENT IN FUNDS
Net
movement
In fund¥
Transfws
b¢￿een
fund$
At
31.12.24
At1.1.24
Llnrestrfct•d funds
General fund
De8ignaled fund
65,972
121,0591
{27,978)
18,935
1,461.870
27,978
1,489.848
1,527.842
(21,0591
1,506.783
Restflctod fund8
Other restricted funds
Leslie Cooke Fund
Roof repairs
1,567
5,623
2,597
1,567
5,828
2,597
203
9,787
203
9.990
TOTAL FUNDS
1,537,629
(20.856)
1.516,773
Page13
contlnued..-

WARWICK ROAD UNITED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continuèd
for th• y•ar ended 31 December 2024
16.
MOVEMENT IN FUNDS - continued
Nel movement in funds, included in the above are as foll¢)WS'.
Incomlng
resources
Resources
expended
Movement
in funds
Unre8trlcted funds
Gener81 fund
154,589
(175,6481
121.059}
Restrictod fund$
Leslie Cooke Fund
203
203
TOTAL FUNDS
154,792
{175,648)
120,8561
Comparntlv•s for movomont In funds
Net
movement
In funds
Tr8nsf8r8
be￿n
funds
At
31.12.23
At1.1.23
Unr08trl¢t•d funds
General fund
Designated fund
93,143
(29,114)
1,943
65,972
1,458,813
5,000
(1,943)
1,461,870
1,551.958
(24,1141
1,527,842
R￿tr1¢tod fund•
Olher reslricled funds
Leslie Cooke Fund
Roof repalr8
1,567
5,614
6.767
1,567
5,623
2,597
14,170>
13,948
(4,1611
9,787
TOTAL FUNDS
1,565.904
(28.275)
1,537,629
Page 14
contlnued...

WARWICK ROAD UNITED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continuad
for th• yur ended 31 December 2024
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
In funds
Unrestrlcted funds
General fund
Designated fund
146,790
{175,904)
129.1141
10,000
15,0001
5,000
156,790
1180,9041
{24,114}
Re8trlctèd funds
Leslle Cooke Fund
Roof repairs
(4.1701
(4.170}
{4,170)
(4.161)
TOTAL FUNDS
156.799
(185,074}
128,275)
The general reswo represents the free re8eryes of the charlty that ar8 not de8ign8led or restricted for
particular purposes.
The designated fund has been sel up lo enable Identlflc8tlon of those fund8 that are not free funds. It
represents the nel book amount of tangible flxed assets and Investment propertSes le88 related
creditors. In Ihe year a legacy was received whl¢h has been designated to 8UPPOrt church repairs and
future expenditure rel8llng to a Pastor.
The restri¢led fund i¥ made up of a number of small fund8 those with balance8 al the ye8r end include..
The Wesl Orchard URC fund was received to support outreach work withln the Church.
The Spark in The Park fund wag glven in support of an event held for Coventry churches with the alm
of allracllng new members.
The Church Roof Repair fund was given lo repair the Church roof.
The Leslie Cooke fund was transferred to the church In the year when the Leslle Cooke Memor181
Fund was merged wllh Warwlck Road URC, thls happened on 1410312017. The fund was gel up to
allow the purchase of books, wrlling ¢y other educational maleri818 for the beneflt of minlsters of
religion, lay-preaGhers or students of any United Reformed Church within the United Kingdom and the
provision of books for worship wthin any Unlled Reformed Church within the United Kingdom.
Transf•TS between fund8
From General Reserves lo Fixed Asset designated fund representing the general fund movement
relating lo fixed assets. specifically this year il includes the repayment of the outslandlng balan￿ on
the mortgage.
Page 15
conlinued...

WARWICK ROAD UNITED REFORMED CHURCH
NOTES TO THE FINANCIAL STATEMENTS - contlnued
for the year *nd￿ 31 D•cgmb•r 2024
17. RELATED PARTY DISCLOSLIRES
The total amount of donations received wthoul conditions from the truslees and related parties was
£6,69112023- £9,010). There were no other ralated party transactions made in 2024.
Page18