2020-12-31-accounts - Coventry Diocesan Trustees, Registered

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CONTENTS
Legal and Administrative	Information
Trustees Report		2-3
Statement ofTrustees Responsibilities
Independent Examiners	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Accounts		8-12

STATEMENTS WHICH DO NOT FORM PART OFTHE FINANCIAL	STATEMENTS WHICH DO NOT FORM PART OFTHE FINANCIAL	STATEMENTS WHICH DO NOT FORM PART OFTHE FINANCIAL	STATEMENTS WHICH DO NOT FORM PART OFTHE FINANCIAL	STATEMENTS
Statement	ofFinancial Activities for the	CI BMeacham Trust		13
Statement	ofFinancial Activities for the	Philip Faulks		14
Memorial	Bell Repair Fund
Statement	ofFinancial Activities for the	Torre Trust		15
Custodial	Fund Movements Summary			16
Parochial	Church Councils -Investment	Funds		17-21
PCC -Deposits with CCLA Investment		Management	Limited	22

Following	the Trustees Act 2000	the trustees have general power ofinvestment.	the trustees have general power ofinvestment.
Secretary		Mrs M H Allanson
		8 &9The	Quadrant
		Coventry
		Cvl 2EG
Principal	Address	8&9The	Quadrant
		Coventry
		Cvl 2EG
Solicitors		Rotherham	&Co
		8 &9The	Quadrant
		Coventry
		Cvl 2EG
Accountants		Bishop Simmons Limited
		Chartered	Accountants
		Mitre House
		School Road
		Bulkington
		Bedworth
		Warwickshire
		CV12 9JB

											Total	Total
				General	Designated		Restricted		Endowment		Funds	Funds
				Funds		Funds		Funds		Funds	2020	2019
			Note
Income from:
Inveshnents					74	28,860		5,962			34,896	34,589
						28,860		5,962			34,896	34,589
Expenditure on:
Charitable activities			2			(6,519)		(1,729)			(8,248)	(12,087)
Income distribution			10			(22,341)					(22,341)	(21,688)
						(28,860)		(1,729)			(30,589)	(33,775)
Net income					74			4,233			4,307	814
Net gains
on investments						66,283				13,034	79,317	181,754
Transfer between		funds	10			(33)
Net movement	in	funds			107	66,250		4,233		13,034	83,624	182,568
Balances brought		forward
at I January				4,368		976,962		66,048		189,544	1,236,922	1,054,354
Balances carried		forward		4,475		1,043,212		70,281		202,578	1,320,546	1,236,922
at 31December

		Notes	2020		2019
				f.	R	f.
Fixed Assets
Investments				:1,232,748		1,153,431
Current Assets
Cash at Bank			87,798		83,491
Liabilities:
Creditors due	within one year	6
Net Current	Assets			87,798		83,491
Net Assets				1,320,546		1,236,922
Funds ofthe charity
Endowment	Funds			202,578		189,544
Restricted Funds				70,281		66,048
Unrestricted	Funds:
Designated	Funds	10		1,043,212		976,962
General Funds				4,475		4,368
Total funds				1,320,546		1,236,922

	Charitable Activities: Cost ofactivities in furtherance ofthe charity's	objects
				Total	Total
		Unrestricted	Restricted	2020	2019
	Mandated income to Coventry
	Diocesan Board ofFinance Limited Diocesan
	Stipends Fund	6,519		6519	8,610
	Torre Trust (Langley Chapel):
	Insurance		700	700	1,120
	Contributions to electricity costs		104	104	118
	Grounds maintenance		195	195	440
	Access ramp				438
	Flooring				1291
	Building repairs/decorating		730	730	70
		6,519	1,729	8,248	12,087
3	Trustees
	None ofthe trustees received any remuneration	or expenses	during either	the current	or
	previous year.
	There are no employees of the charity.
4	Fixed Asset Investments
	Fair value at 1 January 2020				1,153,431
	Investment in year
	Investment income/ gains				79,317
	Fair value 31December 2020				1,232,748
	Historical cost 31December 2020				37,205

A summary ofthe designated	A summary ofthe designated	A summary ofthe designated	funds	funds	as follows:
		Balance				Expend-		Gain on	Balance
		01.01.2020			Income	iture	Transfer	Investments	31,12.2020
CJBMeacham Trust			217,761		6,519	(6,519)		14,975	232,736
Philip Faulks	Memorial
Bell Fund			746,126		22,338	(22,338)		51,308	797,434
Old Milverton
Dilapidations	Fund		13,075		3	(3)	(33)		13,042
			976,962		28,860	(28,860)	(33)	66,283	1,043,212
Analysis of	net assets	between		funds
					Fixed Asset		Net Current		Total
					Investments		Assets
Endowment	Funds				202,578				202,578
Restricted Funds							70,281		70,281
Designated	Funds				1,030,170		13,042		1,043,212
General Funds							4,475		4,475
					1,232,748		87,798		1,320,546

				Designated	Designated	2020	2019
				Income	Capital	Total	Total
						g
Income from:
CCLA Investraent Management			Limited
Investment fund	dividends	receivable		6,519		6,519	6,330
Expenditure on	Charitable	Expenditure
Donation Coventiy Diocesan Board of
Finance				(6,519)		(6,519)	(6,330)
Net income for	the year
Other recognised gains					14,975	14,975	34,314
Net movement	in funds				14,975	14,975	34,314
Balance brought	foiward				217,761	217,761	183,447
Balance carried forward
at 31December					232,736	232,736	217,761
Represented by:
Fixed Assets
Bank deposit:
CCLA Investment Management			Limited		232,736	232,736	217,761
Memorandum historical cost					16,906	16,906	16,906
This page does	not form part ofthe financial			statements.

		Designated	Designated	2020	2019
		Income	Capital	Total	Total
		g	g	g
Income from:
Investment income received in year		22,338			21,688
Net income for the year		22,338			21,688
Other recognised gains or losses
Gains on investments			51,308	51,308	117,572
		22,338	51,308	51,308	139,260
Payments to Guild ofChurch Beliringers		(22,338)			(21,688)
			51,308	51,308	117,572
Balance brought forward
at 31Janutay			746,126	746,126	628,554
Balance carried fomvard
at 31December 2020			797,434	797,434	746,126
Represented by:
Fixed Assets
Investments:
CCLA Investment Management	Limited		797,434	797,434	746,126
Memorandum historical cost			681,497	681,497	681,497
This page does not form part ofthe financial statements.

						Endosvment	2020	2019
					Restricted	Capital	Total	Total
					8	f,
Income from:
CCLA Investtnent	Management		Limited:
Investtnent fund	dividends	receivable			5,674		5,674	5,509
Deposit account	interest receivable				288		288	482
					5,962		5,962	5,991
Expenditure on Charitable		Expenditure:
Insurance					(700)		(700)	(1,120)
Contribution to electricity costs					(104)		(104)	(118)
Grounds maintenance					(195)		(195)	(440)
Access ramp								(438)
Flooring								(1,291)
Building repairs/decoratmg					(730)		(730)	(70)
					(1,729)		(1,729)	(3,477)
Net income for the year					4,233		4,233	2,514
Other recognised	gains and losses
Gains on investments						13,034	13,034	29,868
Net Movement in funds					4,233	13,034	17,267	32,382
Balances brought	forward				66,048	189,544	189,544	223,210
Balances carried	forward
at 31December					70,281	202,578	206,811	255,592
Represented by:
Fixed Assets
Inveshnents:
CCLA Invesnnent Management				Limited		202,578	202,578	189,544
Current Assets
Deposit with CCLA Inveshnent Limited				Management	70,281		70,281	66,048
					70,281	202,578	272,859	255,592

					Balance		IVithdrawals	IVithdrawals	Gains/(Losses)	Investment	Investment		Balance
					01.01.2020 Additions		Disposals 8		on revaluation f.	Income/interest 8		31.12.2020 f
Market Value:
Claverdon Reading	Room
Accumulation shares	in Charities		OAicial
Investment Fund					8,820				863				9,683
Coventry Diocesan	Endowruent		Fund
Shares in CCLA Investment		Management
Limited Investment	Fund				709,187				48,768				757,955
Preston Begot School Endowment				Fund
275 units M I'c G Charifund					4,567				(518)				4,049
StJohn the Baptist	Coventry
Accumulative shares in Charities			Oflicial
Investmen Fund					74,028				7,245				81,273
Foleshill Cave Legacy
Shares in the Fixed	Interest	Securities Fun			9,236				643				9,879
Parochial Church	Councils
Shares in the Investment fund under				the
Church Funds Investment		Measure		1958
(page 21)					5,364,882	20,000		(175,685)	368,325				5,577,522
Deposits with CCLA Investment			Management
Limited (page 22)					567,419			(24,802)			8,195		550,812
					6,738,139	20,000		(200,487)	425,326		8,195		6,991,173

		Valuation			Gains Valuation	Gains Valuation
		2019 Additions		Disposals	(Losses)	2020
		g
Alderminster		30,444			2,094	32,538
Ansty St lames Repair@ Insurance Arley Hazel Aston Cantlow Chancel Fund	Fund	13,802 90,194	20000		(130) 949 9,201	19,870 14,751 99,395
Atherstone AG Hall Trust		9,355			643	9,998
Attleborough Avon Dassett Church yard		4,313 2,530			297 174	4,610 2,704
Avon Dassett &Fenny Compton		59,018			4,058	63,076
Barford		7,150			492	7,642
Barford The Watson Fund		32,779			2,254	35,033
Beaudesert StNicholas Savings Account		1717			175	1892
Bedworth Legacies Account Berkswell Churchyard Fund Berkswell Betty Huggins Memorial Bilton	Fund	4,045 2,492 15,144 5,751			278 171 1,041 395	4,323 2,663 16,185 6,146
Bilton Memorial Chapel		13,380			920	14,300
Binley Pleydell Bourton On Dunsmore		1,572 7,668			108 527	1,680 8,195
Brailes		18,134			1,247	19,381
Brinklow H FDenyer Repair Fund Broom Church		12,287 101,865			845 7,005	13,132 108,870
Budbrooke		3,872			266	4,138
Budbrooke Churchyard Fund Bushill Trust Berkswell		6,498 9,558			447 658	6,945 10,216
C C C Foleshill (Foleshill School)		26,098			1,794	27,892
CofETemperance Society Camp Hill with Galley Common Cherrington Cherrington Churchyard Fund Chesterton Malsbury Bequest		37,303 54,531 70,160 1,380 1,396			2,565 3,750 4,767 95 96	39,868 58,281 74,927 1,475 1,492
Carried Forward		644,436	20,000		47,182	711,618

				Valuation			Gains Valuation	Gains Valuation
				2019 Additions		Disposals	(Losses)	2020
Brought Forward				644,436	20,000		47,182	711,618
Chilvers Coton				121,968			8,387	130,355
Claridge Bequest Offchurch				2,837			195	3,032
Claverdon				18,172			1,250	19,422
Clifford Chambers Church		Clock		383			27	410
Clifton on Dunsmore				51,718			3,557	55,275
Combroke Drying Ground				13,476			927	14,403
Corley				12,249			842	13,091
Corley Organ Fund				1,994			137	2,131
Coughton Cook Trust				36,195			2,489	38,684
Coughton Insurance Fund				41,926			2,883	44,809
Coughton Chance!Repair		Fund		150,934			10,379	161,313
Coventry All Saints				30,862			2,123	32,985
Coventry Holy Trinity				43,706			3,005	46,711
Coventry StAnne				6,824			469	7,293
Coventry St Barbara Assistant			Clergy Fund	26,396			1,815	28,211
Coventry St Barbara's				15,105			1,039	16,144
Coventry StLuke				4,850			333	5,183
Coventry StNicholas				137,248			9,438	146,686
Coventry StPaul				42,020			2,889	44,909
Coventry St Thomas				2339			160	2499
Cowley Bequest				10,351			712	11,063
Cubbington				4,141			284	4,425
Cubbington PCC Churchyard			Trust	7,859			541	8,400
Darlingscott Church				33,870			3,413	37,283
Ettington Thomas A'Beckett				5,176			356	5,532
Farnborough				2,377			163	2,540
Faulconbridge Bequest				8,434			580	9,014
Fillongley Taylor Bequest				4,486			308	4,794
Fillongley Peake Bequest				7,878			542	8,420
Foleshill StLaurence Caves Legacy				71,589			4,923	76,512
Grandborough				7,514			517	8,031
Great Packington Church		Blaclavell Lagacy		6,000			413	6,413
Great Packington Church		Lands		202,311			13,912	216,223
Hartshill Old National	School			87,100			8,777	95,877
Carried Forward				1,864,724	20,000		134,967	2,019,691

		Valuation				Gains	Valuation	Valuation
		2019 Additions		Disposals		(Losses)		2020
Brought Forward		1,864,724	20,000			134,967		2,019,691
Herbert Clergy Fund		21,182				1,456		22,638
Henley in Arden		19,169				1,318		20,487
Holy Trinity Mission Fund - Coventry		3,949					271	4,220
Holy Trinity M JPickin	Choir Cassocks
Stratford		17,769				1,222		18,991
Honington Parish Charity		53,252				3,662		56,914
Hunningham		40,102				2,757		42,859
Ingram Bequest Naptou		6,115					420	6,535
Johnson Legacy		9,623					662	10,285
Kenilworth StNicholas		162,644			(162,644)
Keresley with Coundon	Church Fabric
Mamten ance		8569					589	9158
Kinwarton		2,569					176	2,745
Ladbrooke Sabin Smith	Bequest	3,508					241	3,749
Leamington All Saints A CF		146,860				10,099		156,959
Leamington Smith Legacy		19,035					1,309	20,344
Leamington Spa All Saints Bell Rope Fund		70,315					4,835	75,150
Leamington Spa All Saints Hall		27,258					1,875	29,133
Leamington Spa Choral	Fund	11,885					817	12,702
Leamington StPaul		6,939					477	7,416
Leamington StPaul DRT		3,240					222	3,462
Lillington Bell Rope Fund		5,425					373	5,798
Lillington Burt Trust		45,277					3,114	48,391
Lillington-Hornsby		24,249					1,667	25,916
Long Compton		1,770					122	1,892
Long Compton Tithe Redemption		4,123					283	4,406
MEHippisley Bequest		5,847					402	6,249
Mancetter Thurlow Bequest		863					59	922
Mary Ann Daffem Trust		75,603					5,199	80,802
Meriden Church Lands		7,672					528	8,200
Meriden Churchyard		997					68	1065
Milverton Churchyard	Fund	3,719					256	3,975
Milverton Dilapidations	Fund	20,128			13,041)		1,143	8,230
Carried Forward		2,694,380	20,000		(175,685)	180,589		2,719,284

			Valuation				Gains	Valuation	Valuation
			2019 Additions		Disposals		(Losses)		2020
			f.			f.
Brought Forward			2,694,380	20,000		(175,685)	180,589		2,719,284
Mrs DM Mortons Bequest			10,716					736	11,452
Napton on the Hill M C Reading Bequest			4,716					324	5,040
New Bilton StMatthew and	St Oswold		6,819					469	7,288
New Bilton Special Fund			8,971					617	9,588
Newbold on Avon Tithe Redemption			10,581					728	11,309
Newbold on Avon			498					35	533
Newbold on Avon Hutchins	Trust		133,839				9,203		143,042
Newbold Pacey Wiggin Legacy			6,134					422	6,556
Old Milverton Churchyard Brumfitt Bequest			8,664					596	9,260
Old Milverton			7,476					514	7,990
Preston Bagot Riley Gift			4,351					300	4,651
The Preston Bagot School Endovnnent		Fund	36,281					2,495	38,776
Preston Bagot Churchyard			1,495					103	1,598
Priors Hardwick			20,051					1,379	21,430
Priors Marston Fowler Trust			80,146					5,511	85,657
Profumo Fund			13,418					923	14,341
Radford Semele StNicholas	Church		264,764				18,027		282,791
Salford Priors EEW James	Legacy		6,230					428	6,658
School Houses Charity Church Lawford			21,508					1,479	22,987
Shilton Andrews Trust			95,251					6,550	101,801
Shipston Symons Gift			58,542					4,026	62,568
Snitterfield			5,597					385	5,982
StAndrew Rugby Jeffery &Cox			1,380					95	1,475
StAnnes Mission Fund - Coventry			3,949					271	4,220
St Anne's Siddeley Trust - Coventry			15,374					1,057	16,431
St Giles Exhall -Riley Trust	Legacy		209,810				14,428		224,238
St Johns Leamington Spa			7,898					543	8,441
StJames Weethley			759					52	811
StLawrence Shotteswell			87,426					6,012	93,438
StMatthew Rugby			2,530					174	2,704
StPeter Coventry			7,783					535	8,318
StPeter Rugby			11,421					785	12,206
Carried Forward			3,848,758	20,000		(175,685)	259,791		3,952,864

		Valuation				Gains Valuation	Gains Valuation
		2019 Additions		Disposals		(Losses)	2020
		f.
Brought Forward		3,848,758	20,000		(175,685)	259,791	3,952,864
St Peter's Church Land, Kineton		64,684				4,448	69,132
Stratford PCC for Luddington		46,634				3,207	49,841
Stratford St James Trust		67,441				4,638	72,079
Sustentation Fund		187,014				12,860	199,874
Symons/Bosley-Burmington		12,843				883	13,726
Symons/Bosley-Honington		12,843				883	13,726
Temple Grafton Church		3,220				222	3,442
Preston Bagot School Account		54,881				3,774	58,655
Tidmington and Shipston on Stour		12,747				877	13,624
Tithe Redemptiou		27,910				1,920	29,830
Tredington		12,383				852	13,235
Tredington Ince Bequest		2,799				192	2,991
Tredington W SFund		261,639				17,992	279,631
Ufton		3,872				266	4,138
Preston Bagot - Ryland Bequest		23,080				1,587	24,667
Claverdon CofESchool Fund		12,134				834	12,968
Vicar and Churchwardens	ofStoneleigh	78,641				5,408	84,049
Wadland FC		851				58	909
Wappenbury Churchyard		21,048				1,447	22,495
Warwick Caxton Book		32,268				6,494	38,762
Warwick StMary Morley	Cdft	6,594				454	7,048
Weetman Bequest		4,716				324	5,040
Wellsbourne-OSB		2,664				184	2,848
Willoughby Stipend		5,406				371	5,777
Withybrook School		251,594				17,302	268,896
Wolford Churchyard		4,141				284	4,425
Wolford		21,431				1,474	22,905
Wolverton Campion Trust		5,789				398	6,187
Wootten Wawen Churchyard		13,150				904	14,054
Wootten Wawen		33,316				2,291	35,607
Wootton Wawen -Denis Keyte Legacy		179,165				12,321	191,486
Worcester Cathedral Kings School		49,226				3,385	52,611
		5,364,882	20,000		(175,685)	368,325	5,577,522

Deposits with CCLA Investrn	cnt		Mana	gement Limit	ed
				Balance				Balance
				31December		Income/		31December
				2019	Deposits	Interest Withdrawals		2020
					g		E
Ansley StJohns Mission				17,435				17,435
Avon Dassett and Fenny Compton				3,223		1,783	(2,000)	3,006
Burton Dassett				94				94
Berkswell Eberall				13,144				13,144
Berkswell Bushill Bequest				16,120		355		16,475
Brinklow Canon Startin Bequest				15,392		10	(15,402)
Combroke Drying Ground				3,313				3,313
Cherington				9,371		2,141	(2,400)	9,112
Chilvers Coton Smith Charity				957		4		961
Corley Organ				5,855		85		5,940
Coventry Anglican Council Social			Aid	28,283		1,239		29,522
Coventry StMargarets sale proceeds				200				200
Earlson StBarbara Curates Houses			Fund	55,590		236		55,826
Foleshill StLaivrence -property		fund		2,145		9		2, 154
Gaydon CESchool				8,969		38		9,007
Honiley &Wroxhall Abbey				12,674		54		12,728
Meriden Church Lands				3,443		15		3,458
Newbotd on Avon, Hutchins	Trust			84,190		357		84,547
Returned IF/FISF Dividends				673		3		676
StMary k StNicholas Bellringers			Trust	9,143		37	(5,000)	4,180
Stockingford StPaul				45,522		193		45,715
Stoneleigh: Hollick Trust				4,040				4,040
Tithe				79,813		1,617		81,430
Tredington Willam Smyth Fund				5,301				5,301
Wexford "2nd Codicil" Bequest				1,000				1,000
Withybrok SchooVSchool House Sale				4,316		19		4,335
Stratford Stlames Trust				137,213				137,213
				567,419		8,195	(24,802)	550,812