2021-03-31-accounts

	Page
Charity Information
Feoffees' Report	2-5
Auditors' Report	6-8
Statement ofFinancial Activities —current year
Balance Sheet	10
Notes to the Financial Statements	11-17

Mr CJ	C Grah	am (died in Octob	am (died in Octob	er 20	21)
		Ms SC Forte
	Mrs	G	M Wiglesworth
	Mr	M	D H Peachey
	Councillor FAbbott
	Councillor J Clifford
Clerk and	Agent:		Mr P ECowen
			Messrs. Godfrey-Payton
			Old Bablake
			Hill Street
			Coventry
			CV1 4AN.
Bankers:			Lloyds pic
			High Street
			Coventry
			CV1 5RA.
Solicitors:			Rotherham	8 Company		Limited
			88 9The	Quadrant
			Coventry
			CV1 2EG.
Auditors:			Dafferns LLP
			Chartered	Accountants
			One Eastwood
			Harry Weston Road
			Binley Business		Park
			Coventry
			CV32UB
Investment	Advisors: Brewin Dolphin				Limited
			9Colmore	Row
			Birmingham
			B328J.
Registered	No:		235581

					Unrestricted	Unrestricted	Endowment	Endowment	Total	Total
				Notes	funds		funds		2021	2020
Income and endowments		from:
Investments
Rent receivable					363,808				363,808	383,907
Wayleaves					1,368				1,368	919
Land Promotion Fee					30,000				30,000
Dividends and interest	on
quoted securities					32,908				32,908	41,525
Interest on bank deposits					682				682	5,413
Total income and endowments					428,766				428,766	431,764
Expenditure on:
Raising funds					76,161		9,148		85,309	119,676
Charitable activities:
Trustees ofCoventry	Church
(Municipal) Charities					400,000				400,000	360,000
Governance costs					3,672				3,672	4,845
Total expenditure					479,833		9,148		488,981	484,521
Net gains / (losses) on investment			assets				1,260,760		1,260,760	(83,022)
Net (expenditure) / income					(51,067)		1,251,612		1,200,545	(135,779)
Transfers
Net movement in funds					(51,067)		1,251,612		1,200,545	(135,779)
Reconciliation offunds
Total funds brought forward					441,719	11,915,295		12,357,014		12,492,793
Total funds carried forward					390,652	13,166,907		13,557,559		12,357,014

					Notes	2021		2020
							F	F
FIXEDASSETS
Investments						12,900,222		11,260,286
CURRENT ASSETS
Debtors						113,855	77,358
Cash at bank and		investment		managers		609,082	1,085,620
						722,937	1,162,978
CREDITORS: Amounts			falling	due
within one year:						(65,600)	(66,250)
NET CURRENT	ASSETS					657,337		1,096,728
NET ASSETS						13,557,559		12,357,014
CHARITY FUNDS
Endowment						13,166,907		11,915,295
Unrestricted					10
-Accumulated		income	fund			75,652		156,719
-Designated	funds					315,000		285,000
						13,527,559		12,357,014

EXPENDITURE	ON R	AI	SING	FUNDS
					2021			2020
				Endowment			Accumulated	Endowment	Accumulated
				fund			income	fund	income
					E			E	F
Repairs and improvements			to	properties			31,068		47,441
Insurance							9,862		10,481
Agents fees							30,637		33,265
Professional fees								4,344	14,430
Investment Management			Fee		9,148			9,581
Bank charges							120		30
Re-letting cost							4,196
Other expenditure							278		104
					9,148		76,161	13,925	105,751
GOVERNANCE	COSTS							2021	2020
Luncheon at rent	audits	and expenses ofannual				view			976
Subscription - Country		Land &		Business	Association			594	594
Sundries
Auditors' remuneration:
Audit								4,800	4,650
Other services								2,880	2,790
VAT reclaimed								(4,602)	(4,165)
								3,672	4,845

FIXEDASSET INVESTME	NTS
		Freehold
		investment	Quoted
		~ro erties	investments	Total
				P
Market Value at 1 April 2020 Additions		10,169,810 31,658	1,090,476 631,506	11,260,286 663,164
Disposals Net realised and unrealised	gains	955,652	(283,988) 305,108	(283,988) 1,260,760
Market value at 31 March	2021	11,157,120	1,743,102	12,900,222
Historical cost at 31 March	2021	3,810,142	1,434,509	5,244,651

Freehold investment properties comprising over 5% are as follows:	ofthe market value of the total inves	tment portfoli
	2021	2020
		E
Acton Hill Farm, Staffordshire Manor Farm, Lawford Heath 16 - 20 High Street, Bridgnorth Land at Blacklands Farm	2,278,261 807,407 1,850,000 895,911	2,161,000 800,000 1,749,184 870,000
Herd Hill Farm, Kineton	1,406,756	1,400,000

6.	DEBTORS			2021	2020f
	Rent receivable			83,455	76,896
	Other debtors			30,400	462
				113,855	77,358
	Rent receivable	is measured at amortised cost.
7.	CASH AT BANK AND		INVESTMENT MANAGERS
				2021	2020
				F	E
	Lloyds pic			311,157	180,155
	Brewin Dolphin	Ltd		154,278	11,154
	Lloyds pic —Deposit Account			127,080	877,882
	CCLA			654	653
	Virgin Money			15,913	15,776
				609,082	1,085,620
8.	CREDITORS: Amounts		falling due within one year
				2021	2020
	Rentin advance			29,675	24,025
	Trade creditors			7,160
	VAT			8,385	7,757
	Accruals			20,380	34,468
				65,600	66,250
	Rent in advance	is measure at amortised cost.

					Balance	~tncorntn	Transfers		Balance
					at 1	resources	between	~Ex enditure	at 31
					April 2020	~and aine	funds	and losses	March 2021
							f.
a)	Designated	fund
	Improvement	and	renovation	fund	220,000				220,000
	Land Promotions		fund		65,000	30,000			95,000
					285,000	30,000			315,000
b)	Accumulated	income			156,719	398,766		(479,833)	75,652
	Total Unrestricted		funds		441,719	428,766		(479,833)	390,652

ANALYSIS OF	NE	T ASSETS	BETW	EEN FUNDS
						Net
				Freehold		current
				~ro erty	Investments	assets	Total
						E
Endowment fund				11,157,120	1,743,102	266,685	13,166,907
Unrestricted funds:
Improvement	and	renovation	fund			220,000	220,000
Land Promotions		fund				95,000	95,000
Accumulated	income					75,652	75,652
Total net assets				11,157,120	1,743,102	657,337	13,557,559

				2021	2020
				E	F
Contracted	but not provided	for in the
financial statements				66,000	110,000
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