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





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|||||||Unrestricted|Unrestricted|Endowment|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Notes||funds||funds||2022|2021|
|Income and endowments||from:||||||||||
|Investments||||||||||||
|Rental income||||||375,274||||375,274|363,808|
|Wayleaves||||||1,136||||1,136|1,368|
|Land promotion fees||||||10,000||||10,000|30,000|
|Dividends<br>and interest|on|||||||||||
|quoted securities||||||41,839||||41,839|32,908|
|Interest on bank deposits||||||60||||60|682|
|Total income and endowments||||||428,309||||428,309|428,766|
|Expenditure<br>on:||||||||||||
|Raising funds|||||2|67,099||13,053||80,152|85,309|
|Charitable<br>activities:||||||||||||
|Trustees ofCoventry|Church|||||||||||
|(Municipal)<br>Charities||||||75,652||||75,652|400,000|
|Governance costs|||||3|5,356||||5,356|3,672|
|Total expenditure||||||148,107||13,053||161,160|488,981|
|Net gains I(losses) on investment|||assets|||||114,666||114,666|1,260,760|
|Net (expenditure)<br>(income||||||280,202||101,613||381,815|1,200,545|
|Transfers||||||||||||
|Net movement<br>in funds||||||280,202||101,613||381,815|1,200,545|
|Reconciliation<br>offunds||||||||||||
|Total funds brought<br>forward||||||390,652|13,166,907||13,557,559||12,357,014|
|Total funds carried forward||||||670,854|13,268,520||13,939,374||13,557,559|





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||||||BALANCE|SHEET||
|---|---|---|---|---|---|---|---|
||||||31 March|2022||
||||||Notes|2022|2021|
|||||||F||
|FIXEDASSETS||||||||
|Investments||||||12,904,538|12,900,222|
|CURRENT ASSETS||||||||
|Debtors|||||6|562,668|113,855|
|Cash at bank and||investment||managers|7|583,299|609,082|
|||||||1,145,967|722,937|
|CREDITORS: Amounts|||falling|due||||
|within one year:|||||8|(111,131)|(65,600)|
|NET CURRENT|ASSETS|||||1,034,836|657,337|
|NETASSETS||||||13,939,374|13,557,559|
|CHARITYFUNDS||||||||
|Endowment||||||13,268,520|13,166,907|
|Unrestricted|||||10|||
|-Accumulated||income|fund|||345,854|75,652|
|- Designated|funds|||||325,000|315,000|
|||||||13,939,374|13,557,559|





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|EXPENDIT|U|RE ON R|AI|SING|FUNDS|FUNDS|FUNDS|||
|---|---|---|---|---|---|---|---|---|---|
||||||2022|||2021||
||||||Endowment||Accumulated|Endowment|Accumulated|
||||||fund||income|fund|income|
||||||6|||6||
|Repairs and|improvements|||to|properties||20,592||31,068|
|Insurance|||||||12,174||9,862|
|Agents fees|||||||31,693||30,637|
|Professional||fees|||||2,580|||
|Investment|Management|||Fee|13,053|||9,148||
|Bank charges|||||||60||120|
|Re-letting cost|||||||||4,196|
|Other expenditure|||||||||278|
||||||13,053||67,099|9,148|76,161|
|GOVERNANCE COSTS||||||||2022|2021|
||||||||||6|
|Luncheon at||rent audits|and expenses ofannual|||view||||
|Subscription||-Country|Land &||Business Association|||594|594|
|Sundries||||||||||
|Auditors'<br>remuneration:||||||||||
|Audit||||||||5,000|4,800|
|Other services||||||||3,358|2,880|
|VAT reclaimed||||||||(3,596)|(4,602)|
|||||||||5,356|3,672|



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|||investment|Quoted||
|---|---|---|---|---|
|||~ro erties|investments|Total|
|||||8|
|Market Value at 1 April 2021||11,157,120|1,743,102|12,900,222|
|Additions||269,151|209,350|478,501|
|Disposals||(469,425)|(119,426)|(588,851)|
|Net realised and unrealised|gains|69,425|45,241|114,666|
|Market value at 31 March|2022|11,026,271|1,878,267|12,904,538|
|Historical cost at 31 March|2022|4,050,389|1,562,843|5,613,232|



|are a|s follows:|||
|---|---|---|---|
|||2022|2021|
|||8||
|Acton|Hill Farm, Staffordshire|2,278,261|2,278,261|
|Manor Farm, Lawford Heath||807,407|807,407|
|16 - 20 High Street, Bridgnorth||1,850,000|1,850,000|
|Land|at Blacklands<br>Farm|895,911|895,911|
|Herd|Hill Farm, Kineton|1,406,756|1,406,756|





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|DEBTORS||||2022|2021|
|---|---|---|---|---|---|
|||||6|6|
|Rents receivable||||80,122|83,455|
|Other debtors||||482,546|30,400|
|||||562,668|113,855|
|Rents receivable|is measured||at amortised cost.|||
|CASH AT BANK AND||INVESTMENT MANAGERS||||
|||||2022<br>F|2021f|
|Lloyds pic||||386,996|311,157|
|Brewin Dolphin|Ltd|||52,597|154,278|
|Lloyds pic —Deposit Account||||127,118|127,080|
|COLA||||654|654|
|Virgin Money||||15,934|15,913|
|||||583,299|609,082|
|CREDITORS: Amounts||falling|due within one year|||
|||||2022|2021|
|||||6|F|
|Rents received|in advance|||29,601|29,675|
|Trade creditors||||5,057|7,160|
|VAT||||16,260|8,385|
|Accrued expenditure||||60,213|20,380|
|||||111,131|65,600|



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||||||Balance<br>at 1|Income|Transfers|E~dl|Balance<br>t 31|
|---|---|---|---|---|---|---|---|---|---|
||||||April 2021|~and<br>ains|funds<br>6|and losses<br>F|March 2022<br>f|
|a)|Designated|fund||||||||
||Improvement|and|renovation|fund|220,000||||220,000|
||Land promotions||fund||95,000|10,000|||105,000|
||||||315,000|10,000|||325,000|
|b)|Accumulated|income|||75,652|418,309||(148,107)|345,854|
||Total Unrestricted||funds||390,652|428,309||(148,107)|670,854|



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|||||||Net||
|---|---|---|---|---|---|---|---|
|||||Freehold||current||
|||||~ro e|Investments|assets|Total|
|||||||8|8|
|Endowment<br>fund||||11,026,271|1,878,267|363,982|13,268,520|
|Unrestdicted<br>funds:||||||||
|Improvement|and|renovation|fund|||220,000|220,000|
|Land promotions||fund||||105,000|105,000|
|Accumulated|income|||||345,854|345,854|
|Total net assets||||11,026,271|1,878,267|1,034,836|13,939,374|



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