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2023-03-31-accounts

	Page
Charity Information
Feolfees' Report	2-5
Auditors' Report	6-8
Statement ofFinancial Activities —current year
Balance Sheet	10
Notes tothe Financial Statements	11-16

Clerk and	Agent:	Mr P ECowen
		Messrs. Godfrey-Peyton
		Old Bablake
		Hill Street
		Coventry
		Cvt 4AN
Bankers:		Lloyds pic
		High Street
		Coventry
		CV15RA
Solicitors:		Rotherham &Company		Limited
		8 &9The Quadrant
		Coventry
		CV1 2EG
Auditors:		Dafferns LLP
		Chartered Accountants
		One Eastwood
		Harry Weston Road
		Binley Business	Park
		Coventry
		CV3 2UB
Investment	Advisors:	Brewin Dolphin	Limited
		9Colmore Row
		Birmingham
		832BJ
Registered	No:	235581

							~Ut	i t	EolllzKIKt	EolllzKIKt	~Tt I	~Tote
					Notes		funds		funds		2023	2022
Income and endowments			from:
Investments
Rental income							392,847				392,847	375,274
Wayleaves							1,138				1,138	1,136
Land promotion	fees											10,000
Dividends and interest		on
quoted securities							49,193				49,193	41,839
Interest on bank	deposits						4,839				4,839	60
Total income and endowments							448,017				448,017	428,309
Expenditure on:
Raising funds						2	106,534		11,996		118,530	80,152
Charitable activities:
Trustees ofCoventry		Church
(Municipal) Charities							345,854				345,854	75,652
Governance costs						3	4,097				4,097	5,356
Total expenditure							456,485		11,996		468,481	161,160
Net gains / (losses)	on investment			assets		5			(104,047)		(104,047)	114,666
Net (expenditure) /	income						(8,468)		(116,043)		(124,511)	381,815
Net movement in funds							(8,468)		(116,043)		(124,511)	381,815
Reconciliation offunds
Total funds brought	forward						670,854		13,268,520	13,939,374		13,557,559
Total funds carried	forward						662,386		13,152,477	13,814,863		13,939,374

					BALANCE	SHEET
					31 March	2023
					Notes	5	2023 5	f	2022 F
FIXEDASSETS
Investments							12,928,205		12,904,538
CURRENT ASSETS
Debtors						81,502		562,668
Cash at bank and		investment		managers		879,413		583,299
						960,915		1,145,967
CREDITORS: Amounts			falling due
within one yean					8	(74,257)		(111,131)
NET CURRENT	ASSETS						886,658		1,034,836
NET ASSETS							13,814,863		13,939,374
CHARITY FUNDS
Endowment							13,152,477		13,268,520
Unrestricted					10
-Accumulated		income	fund				337,386		345,854
-Designated	funds						325,000		325,000
							13,814,863		13,939,374

			2023	2023	2022
			Endowment	Accumulated	Endowment	Accumulated
			fund 6	income	fund	income f
Repairs and improvements		to properties		57,426		20,592
Insurance				13,658		12,174
Agents fees				33,408		31,693
Professional fees				678		2,580
investment Management		Fee	11,996		13,053
Bank charges				60		60
Re-letting cost				630
Electricity costs —vacant		property		500
Other expenditure				174
			11,996	106,534	13,053	67,099
GOVERNANCE COSTS					2023	2022
					6	6
Luncheon at rent audits	and expenses ofannual view				375
Subscription - Country	Land &Business Association				876	594
Auditors' remuneration:
Audit					5,500	5,000
Other services					2,480	3,358
VAT reclaimed					(5,134)	(3,596)
					4,097	5,356

		Freehold
		i t	t	Quoted
		grroerties		investments	Total
					6
Market Value at 1 April 2022		11,026,271		1,878,267	12,904,538
Additions		1,558		417,083	418,641
Disposals				(290,927)	(290,927)
Net realised and unrealised	gains			(104,047)	(104,047)
Market value at 31 March	2023	11,027,829		1,900,376	12,928,205
Historical cost at 31 March	2023	4,051,947		1,727,585	5,779,932

above historical cos	t disclosure.
				~22
				E
Quoted investments	at market value comprise:
Ordinary stocks and shares			1,287,868	1,387,296
Bonds			323,590	254,040
Global investments	and absolute	returns	174,566	136,668
Cash product and other investments			114,352	100,263
			1,900,376	1,878,267

Freehold investment properties comprising over 5'/o are as follows:	ofthe market value ofthe total inve	stment porffol
	2023 E	2022f
Acton Hill Farm, Staffordshire	2,278,261	2,278,261
Manor Farm, Lawford Heath 16-20 High Street, Bridgnorth	807,407 1,850,000	807,407 1,850,000
Land at Blacklands Farm	895,911	895,911
Herd Hill Farm, Kineton	1,406,756	1,406,756

		FOUNDED BYW	FOUNDED BYW	ILL DATED 18MARCH 1506
		NOTES TO THE		FINANCIAL STATEMENTS
			forthe year	ended 31 March 2023
DEBTORS					2023 6	2022f
Rents receivable					81,102	80,122
Other debtors					400	482,546
					81,502	562,668
Rents receivable	is measured		at amortised	cost.
CASH AT BANK AND		INVESTMENT MANAGERS
					2023	2022
					6
Lloyds pic					113,844	386,996
Brewin Dolphin	Ltd				217,325	52,597
Lloyds pic —Deposit Account					531,602	127,118
CCLA					666	654
Virgin Money					15,976	15,934
					879,413	583,299
CREDITORS: Amounts		falling	due within one year
					2023	2022
					F	6
Rents received	in advance				29,977	29,601
Trade creditors					103	5,057
VAT					11,750	16,260
Accrued expenditure					32,427	60,213
					74,257	111,131

UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	UNRESTRICTED FUNDS
					Balance			Transfers		Balance
					at1	Income		between	Cht	t 31
					April 2022	~and	sins	funds 5	and losses	March 2023
a)	Designated	fund
	Improvement	and	renovation	fund	220,000					220,000
	Land promotions		fund		105,000					105,000
					325,000					325,000
b)	Accumulated	income			345,854	448,017		-	(456,485)	337,386
	Total Unrestricted		funds		670,854	448,017			(456,485)	662,386

						Net
				Freehold		current
				~ro e	Investments	assets	Total
				E		6
Endowment fund				11,027,829	1,900,376	224,272	13,152,477
Unrestricted funds:
Improvement	and	renovation	fund			220,000	220,000
Land promotions		fund				105,000	105,000
Accumulated	income					337,386	337,386
Total net assets				11,027,829	1,900,376	886,658	13,814,863