2020-12-31-accounts

Trustees
Jacqueline Lewis			72 Chapel Street, Long Lawford, Rugby	CV23 9BE
Elizabeth Barlow			22 Townsend Lane, Long Lawford, Rugby	CV23 9DF
Carol Graham			38 Elizabeth Way, Long Lawford, Rugby	CV23 9DJ
Keith Judge	Deceased Jun-2020		51 Chapel Street, Long Lawford, Rugby	CV23 9BE
Cynthia Langham			19Main Street, Long Lawford, Rugby	CV23 9AY
Rev.Paul Wilkinson			The Vicarage, Main Street, Newbold on Avon	CV21 1HJ
John Hemmings	Retired Mar-2021		6Thistle Way, Brownsover, Rugby	CV21 OTP
Alan Jamieson			1West Street, Long Lawford, Rugby	CV23 9BJ
Richard Maddison			2 Badgers Close, Long Lawford, Rugby	CV23 9BZ
Registered office:	7 College Road, Willoughby, Rugby, CV23 8BN
Bankers:	HSBC Bank	Ltd, 15Church Street, Rugby, CV213PN
Solicitors:	Brethertons	LLP Solicitors, Montague House, 2 Clifton Road, Rugby,		CV213PX
Accountants:	Astute Services Limited, Chartered Accountants, 44-46 Regent Street,			Rugby, CV212PS

Pensions	average	out	at	64	@$120	per	year	$7,660
Christmas	bonus			66	@$40			$2,640
								10,300

			2020	2019
Donations	and grants to individuals	and groups	$11,327	$14,881
Christmas	Grants to charities in Rugby Area		$30,150	135,900
			41,477	50,781

				2020	2019
				Unrestricted	Unrestricted
			Note	Funds	Funds
INCOME
Rent —HSBC Bank				65,500	65,500
—Faucet Inns /		The Bank		23,500	47,000
—Farmers land &Allotment				653	743
Insurance income				2,963	3,676
Bank interest				667	1,215
Investment income	—Dividends			5,491	2,071
	Gain/(Loss)			10,060	28,972
COIF Charities deposit		fund interest			256
				108,834	149,433
Other receipts
Sundry Receipts				230	100
TOTAL INCOME				109,064	149,533
EXPENDITURE
Direct Charitable	Expenditure
Pensions				10,300	10,920
Grants and donations				41,477	50,781
				51,777	61,701
Other expenditure
Salary and expenses	of	officers		17,151	19,655
Independent examiners		fees		1,080	1,080
Legal &professional				1,350
Telephone				220	220
ITcosts				206
Insurance				2,876	3,762
PPS &Advertising				739	862
Allotment expenses				850	537
Bank charges				95	225
				24,567	26,341
TOTAL EXPENDITURE				76,344	88,042
SURPLUS OF INCOME OVER			EXPENDITURE	32,720	61,491

				2020		2019
		Note
FIXEDASSETS
Property at valuation				1,165,000		1,165,000
Investments				510,504		350,444
				1,675,504		1,515,444
CURRENT ASSETS
Debtors:
P repayments			2,776 2,776		2,057 2,057
Balances at bank:
Current accounts			40,000		40,000
Deposit accounts			100,950		240,759
Money Market account			100,000		100,000
			240,950		380,759
LESS
CURRENT LIABILITIES
Creditors and Accruals:
Deposits held			23,500		23,500
Deferred rental income			16,375		28,125
Accruals			1,080		1,080
			40,955		52,705
NET CURRENT	ASSETS			202,771		330,111
NET ASSETS				1,878,275		1,845,555
FUNDS
Unrestricted funds				611,079		588,419
Revaluation Reserve —Property —Investments				1,165,000 102,196		1,165,000 92,136
				1,878,275		1,845,555

FIXEDASSETS			2020	2019
Property at valuation $1,165,000
During the year the trustees valued	the property	as follows:
HSBC Bank pic, 15Church Street, 12Bank Street, Rugby	Rugby		655,000 470,000	655,000 470,000
Allotment land, Bilton Lane, Rugby			40,000 1,16,000	40,000 1,16,000

Investments at valuation $510,504 (2019:$3	50,444)
COIF Charity Funds	227,956	68,993
Meteor Investment	69,769	69,342
True Potential Investment	176,974	172,664
Morgan Stanley Investment	35,805	39,445
	510,504	350,444

	The Morgan Stanley investment has an invested amount valuation ofcapital account was $35,805.	of$35,000. At the 27th of	November 2020
3.	GRANTS PAYABLE	2020	2019
	Grants to institutions	30,150	38,100
	Grants to individuals	11,327	12,681
		41,477	50,781
4.	PENSIONS PAID	2020	2019
	During the year pensions were paid as follows:
	Total paid	10,300	10,920

			Revaluation	Revaluation
		Unrestricted	Reserve	Reserve	Total
		Funds	Pro er	Investments	Funds
Opening	balance	588,419	1,165,000	92,136	1,845,555
Surplus	for the year	22,660		10,060	32,720
Closing	balance	611,079	~1,16,000	102,196	1,878,27