| Page | ||
|---|---|---|
| Charity Information | ||
| Feoffees' Report | 2-3 | |
| Independent Examiner's |
Report | |
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 7-10 |
| FEOFFEES: | Mr William Johnson |
|---|---|
| Mrs Susan Wilcox | |
| Mr Peter Griffiths | |
| Dr Alison Jackson | |
| Prof Simon Brake | |
| Mr Paul Doggett | |
| Mr Christopher Howard |
|
| Rev Richard Hibbert | |
| Mr Nehemiah Akinyele |
|
| Mr Andrew Selwyn |
| VESTRYMEN: | Mrs Jean Howard |
|---|---|
| Prof Wilfrid Kendall | |
| Miss Ann Russell | |
| Mr Tony Richards | |
| Mrs Lorna Ashley | |
| Mrs Catherine Kendall |
|
| Mr James Sampson-Foster | |
| PRINCIPAL OFFICE: | Holy Trinity Church |
| SA Priory Row | |
| Coventry | |
| CV1 5EX | |
| ACCOUNTANTS: | Dafferns LLP |
| One Eastwood | |
| Harry Weston Road | |
| Binley Business Park | |
| Coventry | |
| CV3 2UB |
| fo | r the year | ende | d 30April 20 | 23 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Capital | Total | Total | ||||||
| Notes | Fund E |
Endowment F |
2023 | 2022f | |||||
| Income | |||||||||
| Rent | 17,144 | 17,144 | 15,731 | ||||||
| Income from investments | 22,700 | 22,700 | 20,197 | ||||||
| Bank interest received | 2,063 | 2,063 | |||||||
| Grant income | 5,886 | 5,886 | |||||||
| 41,907 | 5,886 | 47,793 | 36,025 | ||||||
| Expenditure | |||||||||
| Costs ofcharitable | activities | 2 | 18,928 | 18,928 | 26,733 | ||||
| Cost of generating | funds | ||||||||
| (including governance) |
3 | 13,812 | 13,812 | 9,724 | |||||
| 32,740 | 32,740 | 36,457 | |||||||
| Net income/(expenses) | resources | 9,167 | 5,886 | 15,053 | (432) | ||||
| Net gains/(losses) | on investments | (30,184) | (30,184) | 25,169 | |||||
| Net movement | in | funds | 9,167 | (24,298) | (15,131) | 24,737 | |||
| Fund balance | brought | forward | |||||||
| 1 May 2022 | 78,287 | 1,076,278 | 1,154,565 | 1,129,828 | |||||
| Fund balance | carried forward | ||||||||
| 30April 2023 | 87,454 | 1,051,980 | 1,139,434 | 1,154,565 |
| BALANCE SHEET | |||||||
|---|---|---|---|---|---|---|---|
| 30April 2023 | |||||||
| 2023 | 2022 | ||||||
| Notes | E | E | 5 | ||||
| FIXEDASSETS | |||||||
| Tangible fixed assets | 148,484 | 115,355 | |||||
| Investments | 832,246 | 859,987 | |||||
| 980,730 | 975,342 | ||||||
| CURRENT ASSETS | |||||||
| Debtors | 5,446 | 1,534 | |||||
| Cash at bank | 157,409 | 179,321 | |||||
| 162,855 | 180,855 | ||||||
| CREDITORS: Amounts | falling due | ||||||
| within one year | 4,151 | 1,632 | |||||
| NET CURRENT ASSETS | 158,704 | 179,223 | |||||
| 1,139,434 | 1,154,565 | ||||||
| CAPITAL ENDOWMENT | 1,051,980 | 1,076,278 | |||||
| UNRESTRICTED FUND | 87,454 | 78,287 | |||||
| 1,139,434 | 1,154,565 |
| 2023f | 2022 F |
||
|---|---|---|---|
| Trinitas Insurance | 9,391 | 9,470 | |
| St Peter's Grant | 120 | 120 | |
| Church repairs:- |
|||
| Vestry floor | 2,304 | ||
| Water rates | 68 | 140 | |
| Drain cleaning | 690 | ||
| Chancel lights |
6,338 | ||
| Roof repairs | 2,574 | 9,009 | |
| Toilets | 5,000 | ||
| Lightning protection test |
179 | ||
| Alarm system | 258 | ||
| 18,928 | 26,733 | ||
| OTHER COSTS | |||
| 2023 | 2022 | ||
| Expenses of residences | 3,319 | 2,021 | |
| Accountancy | 1,512 | 1,512 | |
| Bank charges | 63 | 22 | |
| Stockbrokers fees | 8,574 | 5,825 | |
| Depreciation of leasehold |
property | 344 | 344 |
| 13,812 | 9,724 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Freehold | Leasehold | ||
| ~ro ert | ~ro e | Totalf | |
| COST | |||
| At 30 April 2022 | 75,764 | 48,197 | 123,961 |
| Improvements | 33,473 | 33,473 | |
| At 30 Apdil 2023 | 109,237 | 48,197 | 157,434 |
| DEPRECIATION | |||
| At 30 April 2022 | 8,606 | 8,606 | |
| Charge for the year | 344 | 344 | |
| At 30April 2023 | 8,950 | 8,950 | |
| NET BOOK VALUE | |||
| At 30 April 2023 | 109,237 | 39,247 | 148,484 |
| At 30 April 2022 | 75,764 | 39,591 | 115,355 |
| INVESTMENTS | Quoted | |||
|---|---|---|---|---|
| investments | ||||
| Market value at 30 April 2022 | 859,987 | |||
| Additions | 168,257 | |||
| Disposal | (165,814) | |||
| Realised/unrealised | gains/(losses) | (30,184) | ||
| Market value at 30April 2023 | 832,246 | |||
| Historical cost at 30 April 2023 | 739,500 | |||
| The following investments represent |
more than 5'k ofthe porffolio. | |||
| Market | ||||
| Costf | value E |
|||
| HSBC ETFSPic | 55,791 | 56,630 | ||
| Franklin Templeton |
Global Funds Pic | 33,392 | 42,990 |
| 6. | DEBTORS | 2023 | 2022 |
|---|---|---|---|
| 6 | |||
| Debtors | 5,308 | 1,396 | |
| Prepayments | 138 | 138 | |
| 5,446 | 1,534 | ||
| 7. | CREDITORS | 2023 | 2022 |
| F | E | ||
| Accruals | 4,151 | 1,632 | |
| 4,151 | 1,632 |
| Fixed | Cash | Other net | ||||
|---|---|---|---|---|---|---|
| assets f |
balances | assets F |
||||
| Capital endowment | fund | 980,730 | 71,250 | 1,051,980 | ||
| Unrestricted | fund | 86,159 | 1,295 | 87,454 | ||
| 980,730 | 157,409 | 1,295 | 1,139,434 |