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2020-12-31-accounts

Co-opted Trustees Co-opted Trustees Mrs J Honnoraty -Chairman
Mr AAtkins (retired January 2021)
Mrs 5 Brown
Mrs 5 Hunt
Mr JAtkinson
Mrs M Littlejohn (appointed 23September 2020)
Nominative Trustees Cllr M Ashford
Cllr R Edgington
Cllr P Birdi
Ex-officio Trustees Reverend
Dr V Roberts
Reverend
LDuckers
Reverend
DThompson
Clerk to Charity Mr C E R Houghton
Charity number 256447
Principal address C/0 Ivioore &Tibbits
34 High Street
Warwick
Warwickshire
CV344BE
Independent examiners Burgis L Bullock
23-25Waterloo Place
Leamington
Spa
CV32 SLA
Bankers Lloyds TSBBank pic
10-12Swan Street
Warwick
CV34 4BT
Solicitors Moore &.Tibbits
34 High Street
Warwick
CV34 4BE

Page
Trustees' report 1-3
Independent examiner's report
Statement of financial activities 5-7
Balance sheet
Notes tothe financial statements 9-20

Current financial year
Unrestricted Unrestricted Endowment Total Total
funds funds funds
general Designated
2020 2020 2020 2020 2019
Notes f f f f f
Income and endowments from:
Charitable
activities
Grant income 3,000 3,000
investments
Other income		 176,650
500		 176,650
500		 190,517
Total income r180,150 180,150 190,517
Ex enditure on:
Charitable
activities
Grants payable
insurance
Repairs and renewals
Painting contributions
Legal and professional		 fees 107,913
5,475
8,519
1,800
1,967		 107,913
5,475
8,519
1,800
1,967		 145,948
2,292
5,956
1,800
2,975
Total charitable
expenditure		 r 125,674 125,674 158,971
Sundry expenditure 142 142
Governance
and Administration
costs 21,019 924 11,883 33,826 36,592
Total resources expended 146,&35 924 11,883 159,642 195,563
Surplus/(delcit)
from general activities		 33,315 (924) (11,883) 20,508 (5,046)
Net gains/(iosses)
on investments		 9 2,302 (11,689) 70,686 61,299 250,024
Net incoming resources before
transfers 35,617 (12,613) 58,803 81,807 244,978

Unrestricted Unrestricted Endowment Total Total
funds funds funds
general Designated
2020 2020 2020 2020 2019
Notes f f f
Net incoming resources before
transfers 35,617 (12,613) 58,803 81,807 244,978
Gross transfers between funds (15,000) 15,000
Net movement in funds 20,617 2,387 58,803 81,807 244,978
Fund balances at 1January 2020 46,181 147,039 3,958,651 4,151,871 3,906,893
Fund balances at31December
2020 66,798 149,426 4,017,454 4,233,678 4,3,51,871

Prior financial year
Unrestricted Unrestricted Endowment Total
funds funds funds
general Designated
2019 2019 2019
Notes f f f
Income and endowments from:
Charitable
activities
Investments 190,517 190,517
Total income 190,517 190,517
Charitable
activities
Grants payable 145,948 145,948
Insurance 2,292 2,292
Repairs and renewals 5,956 5,956
Painting contributions
Legal and professional		 fees 1,800
2,975		 1,800
2,975
Total charitable
expenditure		 158,971 158,971
Governance
and Administration		 costs 23,450 864 12,278 36,592
Total resources expended 182,421 864 12,278 195,563
Surplus/(deficit)
from general activities		 8,096 (864) (12,278) (5,046)
Net gains/(losses}
on investments		 4,892 10,103 235,029 250,024
Net incoming resources before transfers 12,988 9,239 222,751 244,978
Gross transfers
between		 funds (15,000) 15,000
Net movement
in funds		 (2,012) 24,239 222,751 244,978
Fund balances at 1January 2019 48,193 122,800 3,735,900 3,906,893
Fund balances at31December 2019 46,181 147,039 3,958,651 4,151,871

2020 2019
Notes f
Fixed assets
Investment properties 10 1,898,501 1,897,121
Investments 11 2,301,461 2,234,523
4,199,962 4,131,644
Current assets
Debtors 13 13,595 3,790
Cash at bank and in hand 72,955 66,980
86,550 70,770
Creditors: amounts falling due within
one year 14 (52,834) {50,543)
Net current assets 33,716 20,227
Total assets less current liabilities 4,233,678 4,151,871
Capital funds
Endowment funds 4,017,454 3,958,651
Income funds
Unrestricted funds - Designated 149,426 147,039
General unrestricted funds 66,798 46,181
4,233,678 4,151,871

2 Charitable activities
Grant Grant
income income
2020 2019
f f
Grants recieved 3,000
3 Investments
Unrestricted Unrestricted
funds funds
general general
2020 2019
f f
Rental income 125,476 129,604
Income from listed investments 47,920 57,579
income from unlisted investments 3,254 3,334
176,650 190,517
Other income
Unrestricted Total
funds
general
2020 2019
f f
Other income 500

Grants Grants
payable payable
2020 2019
f f
Grants to institutions:
Graham
Fulford Charitable		 Trust 2,500 6,000
New Life Church 3,500 535
Citizens Advice SW
StMary Immaculate		 Primary School 14,000
2,500		 14,892
The Percy Estate - "The Gap" 48,000 45,020
Myton Hospice 2,500
SWFT Charities
Covid		 19Appeal 1,000
Warwick Ambulance
Association
Central
Building 5Welding Academy		 1,500
6,000
MacMillan
Cancer Support		 2,500
Air Ambulance 2,500 2,500
Armonico
Consort		 2,500
Safeline 5,000
Thomas Oken &Nicholas EyNer (Springfield Mind) 5,000 10,000
Warwick Apprenticing Charities 10,000
Aylseford
School		 1,000
Music Life Foundation 2,000
WSC Care Foundation 7,410
Lord Leycester Hospital 15,000
Molly Oily's Wishes 5,000
Myton Hospice 4,413
94,000 128,770
Grants to individuals 13,913 17,178
107,913 145,948

Unrestricted Unrestricted Endowment Total Total
funds funds funds 2020 2019
general Designated f
Clerk's fees 18,000 18,000 20,000
Accountant's fees 1,570 1,570 1,813
independent Examination 1,449 1,449 1,637
Brokers fees 925 11,882 12,807 13,142
21,019 925 11,882 33,826 36,592
For the year ended 31December
2019 23,450 864 12,278 36,592
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investment
property comprises:		 Current Valuation
23/23A Market Place Warwick f495,000
20Swan Street Warwick f415,000
StJohn's Hall f200,000
10-12Swan Street f788,501

listed COIF and Cash in Total
investments Charibond portfolio
shares
f
Cost or valuation
At 1January 2020 1,971,007 166,918 96,598 2,234,523
Additions 625,901 588,887 1,214,788
Valuation
changes		 47,228 12,692 59,920
Disposa Is (624,025) (583,745) (1,207,770)
At31December 2020 2,020,111 179,610 101,740 2,301,461
Carrying amount
At31December 2020 2,020,111 179,610 101,740 2,301,461
At31December 2019 1,971,007 166,918 96,598 2,234,523
12 Financial instruments 2020 2019
f f
Carrying amount ofSnancial assets
Instruments
measured		 at fair value through net income/expenditure
{Investments) 2,199,721 2,137,925

13 Debtors
2020 2019
Amounts
falling due within one year:		 f
Other debtors 13,595 3,790
14 Creditors: amounts
falling due within one year
2020 2019
Notes f f
Other taxation and social security
Grant commitments
Rent received
in advance
Other creditors
Accruals and deferred
income		 3,672
5,000
27,462
10,800
5,900		 3,513
5,000
27,130
9,000
5,900
52,834 50,543
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There were no disclosable
related party t		 There were no disclosable
related party t		 ransactions
during the y		 ear (2019-none).
19 Cash generated
from activities		 2020 2019
Surplus for the year 81,807 244,978
Adjustments
for:
Loss/(gain)
on disposal ofinvestments		 65,214 (38,366)
Fair value gains and losses on investment properties (1,380) (1,380)
Fair value gains and losses on investments (125,134) (211,658)
Movements
in working capital:
(Increase)/decrease in debtors (9,805) 600
Increase/(decrease) in creditors 1,959 (2,088)
Increase in deferred income 332 1,000
Cash generated
from		 general activities 12,993 (6,914)
Purchase of investments (625,901) (763,163)
Proceeds on disposal of investments 624,024 758,357
(Decrease) in cash balances
in the year		 11,116 (11,720)