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|||PAGE|
|---|---|---|
|Annual<br>Report||1-3|
|Independent<br>Examiners|Report||
|Statement<br>of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||7-9|





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|The Charity|trustees<br>who|served during<br>the year a|nd|their appoi|nting<br>bodies ar|nting<br>bodies ar|e:|
|---|---|---|---|---|---|---|---|
|J Russell||Chairman|||Co-optative|||
|C P Ablitt||Vice chairman|||Co-optative|||
|TJ Roach|||||Co-optative|||
|Mrs G Boyle|||||Lichfield|City|Council|
|Miss K A E Churchill|||||Co-optative|||
|Mr J Checkland||terminated<br>15May 2023|||Ex Officio|||
|Mr D G Cross||appointed<br>15May 2023|||Ex Officio|||
|Mr C Greatorex||terminated<br>15May 2023|||Ex Officio|||
|Mrs EA Hindley||appointed<br>13June 2023|||Co-optative|||
|Dr A L Hughes||appointed<br>15May 2023|||Ex Officio|||
|Mr D W Kershaw||appointed<br>19September||2023|Co-optative|||
|Mr A F Smith||appointed<br>13June 2023|||Co-optative|||
|Mrs N Templeton||resigned<br>14 March 2023|||Co-optative|||
|BTwivey|||||Co-optative|||
|Revd Dr A Welsh|||||Ex Officio|||
|R W White||resigned 13June 2023|||Co-optative|||
|Principal Address:||S R James||||||
|||The Warden||||||
|||Lichfield Conduit Lands||||||
|||Bank House Farm||||||
|||Woodhouses||||||
|||Yoxall||||||
|||Staffs||||||
|||DE138NR||||||
|Website:||www lichfieldconduitlands.||or .uk||||
|Registered|Charity No:|254298||||||
|Principal Bankers:||CAF Bank Ltd||||||
|||25 Kings Hills Avenue||||||
|||Kings<br>Hill||||||
|||West Mailing||||||
|||ME194JQ||||||
|Independent|Examiner:|A P Morris FCA||||||
|||of Dains Audit Ltd||||||
|||Chartered<br>Accountants||||||
|||StJohns Court||||||
|||Wiltell Road||||||
|||Lichfield||||||
|||Staffs||||||
|||WS149DS||||||
|Investment|Advisers:|RBC Brewin Dolphin||||||
|||6th floor, The Chatwin|Building|||||
|||81,Colmore Row||||||
|||Birmingham||||||
|||B32BA||||||





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|YEAR ENDED 31|DECE|MBER 2023|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Endowment|Total|Total|
||||Notes||Income Funds<br>F|Fund|2023<br>6|2022<br>f|
|Income and endowments||from:|||||||
|Investments|||||||||
|Income from listed investments|||||41,516||41,516|38,410|
|Bank interest|||||254||254|22|
|Total income|||||41,770||41,770|38,432|
|Expenditure<br>on:|||||||||
|Charitable<br>activities|||||23,742||23,742|29,547|
|Investment<br>management||charges|||1,228|6,825|8,053|8,160|
|Warden's<br>salary|||||9,250||9,250|8,500|
|Sundry expenses|||||1,113||1,113|1,125|
|Independent<br>examiner|||||1,500||1,500|1,434|
|Total|||||36,833|6,825|43,658|48,766|
|Net gains/(losses)|on investments|||6|4,558|56,576|61,134|(152,669)|
|Net income/(expenditure)|||||9,495|49,751|59,246|(163,003)|
|Net movement<br>in|funds||||9,495|49,751|59,246|(163,003)|
|Reconciliation<br>of|Funds:||||||||
|Total funds brought|forward||||235,879|1,163,618|1,399,497|1,562,500|
|Total funds carried forward|||||245,374|1,213,369|1,458,743|1,399,497|





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|LICHFIELD CONDUIT LANDS<br>BALANCE SHEET<br>31 DECEMBER 2023||||||
|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total|Total|
|||Income Funds|Fund|2023|2022|
||Notes||E|E|E|
|Fixed Assets||||||
|Listed Investments||218,380|1,217,748|1,436,128|1,383,352|
|Current Assets||||||
|Debtors||3,980||3,980|2,053|
|Balances at Bank:||||||
|Deposit||21,970|(2,673)|19,297|64|
|Current||3,099||3,099|20,742|
|Total Current Assets||29,049|(2,673)|26,376|22,859|
|Liabilities:||||||
|Creditors<br>falling due within one year|9|2,055|1,706|3,761|6,714|
|Net Current Assets||26,994|(4,379)|22,615|16,145|
|Net Assets||245,374|1,213,369|1,458,743|1,399,497|
|The funds ofthe charity:||||||
|Permanent<br>endowment|||1,213,369|1,213,369|1,163,618|
|Unrestricted<br>income funds||245,374||245,374|235,879|
|Total charity funds||245,374|1,213,369|1,458,743|1,399,497|





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|Charitable<br>Activities|||||
|---|---|---|---|---|
||||2023|2022|
||||6||
|Grants to Organisations|||21,442|24,747|
|Grants to 14(2022-13) Individuals|||2,300|4,600|
||||23,742|29,547|
|Grants to organisations<br>are as follows:|||||
|The Hub at St Mary' s|||3,462||
|Lichfield Cathedral|||2,000||
|City of Lichfield Shrievalty|||3,000||
|PCC ofSt Michael and St Mary Lichfield|||2,000|2,000|
|Lichfield "English Class"|||2,000||
|Friends of Lichfield<br>City Station|||515||
|Lichfield Arts re Festival of Folk|||500|500|
|Lichfield Festival|||3,000|3,000|
|Lichfield Friary School|||500|432|
|Lichfield Arts re FUSE Festival 2024|||2,000||
|Lichfield Table Tennis Club|||1,000||
|Lichfield Waterworks<br>Trust|||3,465|2,200|
|Lichfield Arts re FUSE Festival 2022 and 2023||||3,500|
|Lichfield & District Talking Newspaper|& Community|Care||2,000|
|Lichffield Greenhill<br>Bower CIC||||1,000|
|Lichfield Arts re Blues and Jazz Festival||||900|
|The Erasmus<br>Darwin<br>Foundation||||5,719|
|Kendall and Wall Charitable<br>Trust||||2,000|
|Lichffield Christian Schools Work Trust||||1,496|
||||23,442|24,747|
|Less Grant writlen back: Lichfield Garrick Theatre|||2,000||
||||21,442|24,747|





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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||F|6|
|Independent|Examiner's|Fees|re|independent|examination|600|600|
|Independent|Examiner's|Fees|for|other services||900|834|
|||||||1,500|1,434|



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|6 Listed|Investments|||||||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||||2023|2022|
|||||||E|E|
|UK Listed|Investments|||||1,423,757|1,365,931|
|Investment|Portfolio Cash|||||12,372|17,422|
|||||||1,436,129|1,383,353|
||||Accumulated||Endowment|Total|Total|
||||Income|Fund|Fund|2023|2022|
||||f||E|6|E|
|Investments<br>held at 01.01.23|||203,625||1,162,306|1,365,931|1,507,956|
|Additions|at cost||12,905||362,520|375,425|121,937|
|Disposals|at carrying|value|(6,037)||(372,696)|(378,733)|(111,293)|
|Add net gain/(loss)<br>on revaluation||||4,558|56,576|61,134|152,669|
|Investments<br>held at 31.12.23|||215,051||1,208,706|1,423,757|1,365,931|



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|8 Bank b|ala|nces||||
|---|---|---|---|---|---|
|||||2023|2022|
||||||F|
|Deposit||||19,297|64|
|Current||||3,099|20,742|
|||||22,396|20,806|
|Unrestricted||income funds||25,069|23,677|
|Endowment||fund||(2,673)|(2,871|
|||||22,396|20,806|
|9 Creditors||||||
|||||2023|2022|
|||||E|F|
|Creditors|and accrued expenses|||3,761|4,014|
|Grants authorised|||but not paid||2,700|
|||||3,761|6,714|
|Unrestricted||income funds||2,055|5,005|
|Endowment||fund||1,706|1,709|
|||||3,761|6,714|



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|1 Analy|sis of Net Assets Be|tween Funds|||
|---|---|---|---|---|
|||Accumulated|Endowment|Total|
|||Income Fund<br>f|Fund<br>E|2022f|
|Fixed Assets||215,154|1,168,198|1,383,352|
|Current|Assets|25,730|(2,871)|22,859|
|Current|Liabilities|(5,005|(1,709|6,714)|
|Fund Balance||235,879|1,163,618|1,399,497|