2021-12-31-accounts

	Page
Company Information
Trustees' Report	2to4
Report ofthe Auditors	5to 7
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements	10to 16

REGISTERED NUMBER:	00349309
DIRECTORS:	R.G. Smith F.R.I.C.S.(Chairman)
	D.J.Evans F.C.A.
	M.J.Harris M.B.E.,J.P., M.A.
	E.J.Curtis F.C.I.B.
	V. Kershaw
	D. Mason
SECRETARY:	Mrs. S.A. Hanrahan
REGISTERED OFFICE:	General Charities	Office
	Old Bablake
	Hill Street
	Coventry
	CV14AN
CHARITY NUMBER:	246570
AUDITORS:	Dafferns LLP
	Chartered Accountants
	Statutory Auditors
	One Eastwood
	Harry Weston Road
	Binley Business Park
	Coventry
	CV3 2UB
INVESTMENT BROKERS:	Quilter Cheviot
	Provincial House
	37 New Walk
	Leicester
	LE1 6TU
SOLICITORS:	Mander Hadley 8 Co.
	1 The Quadrant
	Coventry
	CV1 2DW

			for	the year	ended 31Decem	ber 2021
					Unrestricted	Endowment	Restricted	2021	2020
					Fund	Fund	Fund	Total	Total
				Note	F				E
INCOME
Income from Charitable	Activities:
Contributions from residents					60,848			60,848	70,967
Income from Investments
Investment income					17,017		11,535	28,552	22,784
Other Income
Insurance Claim					7,150			7,150
Miscellaneous income					467			467
Total Income					85,482		11,535	97,017	93,751
EXPENDITURE
Expenditure on Raising	Funds
Investment management		costs			827		561	1,388	1,231
Expenditure on Charitable		activities
Accommodation costs					76,536			76,536	59,945
Administration costs					5,011			5,011	5,438
Total Expenditure					82,374		561	82,935	66,614
Net income/(expenditure)		before
gains and losses on investments					3,108		10,974	14,082	27,137
Net gains/(losses) on investment			assets	8	49,663		33,665	83,328	(33,232)
Net income/(expenditure)		before transfers			52,771		44,639	97,410	(6,095)
Gross transfers between	funds			11	(55,452)	55,452
Net income/(expenditure)		being
Net movement in funds					(2,681)	55,452	44,639	97,410	(6,095)
Reconciliation offunds:
Total Funds brought forward					547,311	229,120	349,602	1,126,033	1,132,128
Total Funds carried forward					544,630	284,572	394,241	1,223,443	1,126,033

				2021		2020
			Notes
FIXEDASSETS
Tangible				284,572		229,120
Investments				942,600		831,135
Total fixed assets				1,227,172		1,060,255
CURRENT ASSETS
Prepayments and accrued income				1,180	1,736
Cash at bank and in	hand			65,667	101,362
Total current assets				66,847	103,098
CREDITORS: Amounts		falling due
within one year:
Accruals				(70,576)	(37,320)
NET CURRENT ASSETSI(LIABILITIES)				(3,729)		65,778
NET ASSETS				1,223,443		1,126,033
Represented by:
THE FUNDS OFTHE CHARITY:
Expendable endowment		fund	10	284,572		229,120
Restricted funds			12	394,241		349,602
Unrestricted income	funds:		11
Accumulated Income		Fund		153,679	100,908
Designated Funds				390951	445403
Total Unrestricted	Funds			544,630		547,311
TOTAL FUNDS			13	1,223,443		1,126,033

ACCOMMODATION	COSTS	COSTS	COSTS		2021	2020
					F	F
Water rates and council		tax			7,184	4,010
Insurance					1,895	1,840
Light and heat					14,842	12,286
Cleaning, cleaning	materials		and	garden expenses	10,185	9,257
Repairs					29,212	19,376
Depreciation - leased assets					4,676	4,676
Support costs - Coventry		General		Charity	8,542	8,500
					76,536	59,945

ADIIINISTRATION	COSTS	COSTS		2021	2020
					F
Bank charges				43	30
Audit fee				1,730	1,680
Accountancy				1,730	1,680
Sundries					548
Support Costs - Coventry		General	Charity	1,508	1,500
				5,011	5,438

FIXEDASSETS		Long term
		leasehold land &
For direct charitable	purposes	~buildin
COST
At 1 January 2021		390,465
Additions		60,128
At 31 December 2021		450,593
DEPRECIATION
At 1 January 2021		161,345
Charge for year		4,676
At 31 December 2021		166,021
WRITTEN DOWN VALUE
31 December 2021		284,572
31 December 2020		229,120

FIXEDASSET INVESTMENTS	FIXEDASSET INVESTMENTS	FIXEDASSET INVESTMENTS		2021 f.	2020f
Quoted investments
Market value 1 January 2021				831,135	832,352
Additions in year				151,083	166,893
Disposals				(122,946)	(134,878)
Gains				83,328	(33,232)
Market value 31 December 2021				942,600	831,135
Quoted investments	comprise:-
British Government	stocks			60,127	64,836
Other UK Fixed Interest				36,390	47,873
Overseas Fixed Interest				42,229	43,416
Equity Investment	Instruments			260,228	249,190
Global Equities				404,960	312,775
Other Assets				98,630	66,622
Unit Trusts				40,036	46,423
				942,600	831,135
Quoted investments	representing		5%ofthe portfolio are:-		Market Value
4.25% UK Government stock 2027					60,127
BNY Mellon —US Equity					55,562
HSBC ETFSSP500 UCITS ETF					77,852
CASH AT BANK AND IN HAND				2021	2020
				F
Bank current	account			11,771	8,170
Petty cash				290
Cash held by	investment	managers		53,606	93,192
				65,667	101,362

Analysis o	fmo	vements	in	unrestricted	funds —current	year
					Balance	Income,	Expenditure,	Balance
					1 January	transfers	transfers	31 December
					2021	~and sins	and losses	2021
								f.
Accumulated	income				100,908	135,145	(82,374)	153,679
Designated	fund	—Rebuilding		fund	446,403	4,676	(60,128)	390,951
					547,311	139,821	(142,502)	544,630
Analysis ofmovements			in	unrestricted	funds —previous	year
					Balance	Income,	Expenditure,	Balance
					1 January	transfers	transfers	31 December
					2020	~and sins	and losses	2020
					E
Accumulated	income				102,288	84,550	(85,930)	100,908
Designated	fund	- Rebuilding		fund	441,727	4,676		446,403
					544,015	89,226	(142,502)	547,311

Analysis	of	net assets between	funds —current year
			Tangible		Net
			fixed		current
			assets	Investments	assets	Total
					F	F
Endowment	fund		284,572			284,572
Restricted	fund			379,728	14,513	394,241
Unrestricted	funds:
Accumulated		income		92,993	60,686	153,679
Designated		fund		469,879	(78,928)	390,951
			284,572	942,600	(3,729)	1,223,443

Analysis	of	net assets between	funds - previous yea	r
			Tangible		Net
			fixed		current
			assets	Investments	assets	Total
					F	F
Endowment	fund		229,120			229,120
Restricted	fund			335,706	13,896	349,602
Unrestricted	funds:
Accumulated		income		80,024	20,884	100,908
Designated		fund		415,405	30,998	446,403
			229,120	831,135	65,778	1,126,033