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|Co-opted Trustees|Co-opted Trustees|MrsjHonnoraty|-Chairman|
|---|---|---|---|
|||Mrs SBrown||
|||Ms 5 Hunt||
|||Mr 3Atkinson||
|||Mrs M Littlejohn||
|||Mrs 3 Eslick||
|Nominative|Trustees|Cllr D Browne||
|||Cllr P Wightman||
|Ex-officio Trustees||Reverend
Dr V Roberts (Resigned January 2023)||
|||Reverend
LDuckers||
|||Reverend
DThompson||
|Clerk to Charity||Mr C E R Houghton||
|Charity number||256447||
|Principal address||C/0 Moore &Tibbits||
|||34 High Street||
|||Warwick||
|||Warwickshire||
|||CV344BE||
|Independent|examiners|Burgis &Bullock||
|||23-25Waterloo Place||
|||Leamington
Spa||
|||CV32 5LA||
|Bankers||Lloyds TSBBank pic||
|||10-12Swan Street||
|||Warwick||
|||CV344BT||
|Solicitors||Moore &Tibbits||
|||34 High Street||
|||Warwick||
|||CV344BE||
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||||Page|
|---|---|---|---|
|Trustees' report|||1-2|
|Independent|examiner's|report||
|Statement of|financial activities||4-6|
|Balance sheet||||
|Notes tothe financial statements|||8-19|
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|Current financial year|||||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Endowment|Total|Total|
|||||funds|funds|funds|||
|||||general|Designated||||
|||||2022|2022||2022|2021|
||||Notes|f|f||f|f|
|Income and endowments||from:|||||||
|Charitable
activities|||||||||
|Investments||||193,663|5,141||198,804|184,595|
|Otherincome||||||||761|
|Total income||||193,663|5,141||198,804|185,356|
|Charitable
activities|||||||||
|Grants payable||||152,283|||152,2&3|122,486|
|Insurance||||8,790|||8,790|4,980|
|Repairs and renewals||||8,659|||8,659|15,016|
|Painting contributions||||1,800|||1,800|1,&00|
|Legal and professional|fees|||4,928|||4,928|813|
|Total charitable
expenditure||||176,460|||176,460|145,095|
|Governance
and Administration|||||||||
|costs||||23,929|1,502|13,036|38,467|35,873|
|Total resources expended||||200,389|1,502|13,036|214,927|180,96&|
|Surplus/deficit
from general activities||||(6,726)|3,639|(13,036)|(16,123)|4,388|
|Net gains/(losses)
on investments|||8|(4,033)|7,322|(230,797)|(227,508)|342,650|
|Net {outgoing)/incoming||resources before|||||||
|transfers||||(10,759)|10,961|(243,833)|(243,631)|347,038|
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|||||Unrestricted|Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|||
|||||general|Designated||||
|||||2022|2022||2022|2021|
||||Notes|E|f||E|E|
|Net (outgoing)/incoming||resources|before||||||
|transfers||||(10,759)|10,961|(243,833)|(243,631)|347,038|
|Gross transfers|between|funds||(15,000)|15,000||||
|Net movement|in funds|||(25,759)|25,961|(243,833)|(243,631)|347,038|
|Fund balances|at 1January 2022|||129,236|197,121|4,254,359|4,580,716|4,233,678|
|Fund balances|at31December 2022|||103,477|223,082|4,010,526|4,337,085|4,580,716|
##
|Prior financial year|||||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|Endowment|Total|
||||||funds|funds|funds||
||||||general|Designated|||
||||||2021|2021||2021|
|||||Notes|f|f||f|
|Income and endowments||from:|||||||
|Charitable
activities|||||||||
|investments|||||184,595|||184,595|
|Otherincome|||||761|||761|
|Total income|||||185,356|||185,356|
|Charitable
activities|||||||||
|Grants payable|||||122,486|||122,486|
|insurance|||||4,980|||4,980|
|Repairs and renewals|||||7,029|7,987||15,016|
|Painting contributions|||||1,800|||1,800|
|Legal and professional|fees||||813|||813|
|Total charitable
expenditure|||||137,108|7,987||145,095|
|Governance
and Administration|||costs||21,510|1,152|13,211|35,873|
|Total resources expended|||||158,618|9,139|13,211|180,968|
|Net gains/(losses)
on investments|||||55,700|36,834|250,116|342,650|
|Net (outgoing)/incoming||resources before||transfers|82,438|27,695|236,905|347,038|
|Gross transfers
between|funds||||(20,000)|20,000|||
|Net movement
in funds|||||62,438|47,695|236,905|347,038|
|Fund balances at 1January||2021|||66,798|149,426|4,017,454|4,233,678|
|Fund balances at31December 2021|||||129,236|197,121|4,254,359|4,580,716|
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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||Notes|f||f||
|Fixed assets|||||||||
|Investment||properties||9||1,999,876||1,999,876|
|Investments||||10||2,330,451||2,550,755|
|||||||4,330,327||4,550,631|
|Current assets|||||||||
|Debtors||||12|5,438||12,574||
|Cash at bank||and in hand|||50,143||71,981||
||||||55,581||84,555||
|Creditors: amounts|||falling due within||||||
|one year||||13|(48,823)||(54,470)||
|Net current assets||||||6,758||30,085|
|Total assets|less current liabilities|||||4,337,085||4,580,716|
|Capital funds|||||||||
|Endowment|funds|||||4,010,526||4,254,359|
|Income funds|||||||||
|Unrestricted||funds - Designated||||223,082||197,121|
|General unrestricted|||funds|||103,477||129,236|
|||||||4,337,085||4,580,716|
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||||Unrestricted|Unrestricted|Total|Unrestricted|
|---|---|---|---|---|---|---|
||||funds|funds||funds|
||||general|Designated||general|
||||2022|2022|2022|2021|
||||f|f|f|f|
|Rental|income||138,204||138,204|132,037|
|Income|from listed investments||52,033|5,141|57,174|49,380|
|income|from unlisted|investments|3,426||3,426|3,178|
||||193,663|5,141|19&,804|184,595|
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|||Grants|Grants|
|---|---|---|---|
|||payable|payable|
|||2022|2021|
|||E|E|
|Grants to institutions:||||
|Friends ofMyton School||2,500||
|Evergreen School||1,400||
|Armonic Consort||2,250||
|Music of Life Foundation|||2,500|
|Chase Meadow Community|||4,000|
|Woodloes Primary|||1,007|
|Lord Leycester Hospital Almshouses||20,582|5,000|
|Warwick Young Carers||5,000||
|Citizens Advice SW||14,000|19,000|
|St Mary Immaculate
Primary School|||5,000|
|The Percy Estate - "The Gap"||52,356|49,850|
|Westgate
Primary School||425||
|St Mary's Church Tower Refurbishment||10,000||
|Warwick Ambulance
Association|||1,500|
|Kingfisher
Pools||5,000||
|Air Ambulance||2,500||
|Happy Days||377|1,079|
|Myton Hospices||3,000|290|
|Thomas Oken &Nicholas|Eyffler (SWW Mind)|10,000|10,000|
|||129,390|99,226|
|Grants to individuals||22,893|23,260|
|||152,283|122,486|
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|||Unrestricted|Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2022|2021|
|||general|Designated||E|E|
|Clerk's fees||20,000|||20,000|18,000|
|Accountant's|fees|2,129|||2,129|1,825|
|Independent|Examination|1,800|||1,800|1,685|
|Brokers fees|||1,502|13,036|14,538|14,363|
|||23,929|1,502|13,036|38,467|35,873|
|Forthe year|ended 31December||||||
|2021||21,510|1,152|13,211||35,873|
##
|8|Net gains/(losses)|Net gains/(losses)|on investments|on investments|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted
Unrestricted||Endowment|Total Unrestricted||Unrestricted|Endowment|Total|
||||||funds|funds|funds||funds|funds|funds||
||||||general|Designated|||general|Designated|||
||||||2022|2022|2022|2022|2021|2021|2021|2021|
||||||6|E|6|E|E|8|8||
||Revaluation|ofinvestments|||(4,033)|7,322|(171,296)|(168,007)|5,012|33,256|200,972|239,240|
||Gain/(loss)|on sale|ofinvestments||||(59,501)|(59,501)||3+78|(1,543)|2,035|
||Revaluation|ofinvestment||properties|||||50,688||50,687|101,375|
||||||(4,033)|7,322|(230,797)|(227,508)|55,700|36,834|250,116|342,650|
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|||Listed|COIF and|Cash in|Total|
|---|---|---|---|---|---|
|||investments|Charibond|portfolio||
||||shares|||
||||f|||
|Cost orvaluation||||||
|At 1January 2022||2,245,641|206,895|98,219|2,550,755|
|Additions||400,447||(400,447)||
|Valuation
changes||(205,608)|(21,900)||(227,508)|
|Transfer in||||15,000|15,000|
|Management
fees less dividend|income|||(7,796)|(7,796)|
|Disposa Is||(418,892)||418,892||
|At31December 2022||2,021,588|184,995|123,868|2,330,451|
|Carrying amount||||||
|At31December 2022||2,021,588|184,995|123,868|2,330,451|
|At31December 2021||2,245,641|206,895|98,219|2,550,755|
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|11|Financial instruments|Financial instruments||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||f|E|
||Carrying amount|offinancial assets||||||
||Instruments
measured||atfair value through|net|income/expenditure|||
||(Investments)|||||2,206,583|2,452,536|
|12|Debtors|||||||
|||||||2022|2021|
||Amounts
falling due within one year:|||||f|f|
||Other debtors|||||5,438|12,574|
|13|Creditors: amounts|falling due within one||year||||
|||||||2022|2021|
||||||Notes|f|f|
||Other taxation and|social security||||3,708|3,714|
||Grant commitments|||||5,000||
||Rent received
in advance|||||19,455|27,256|
||Other creditors|||||14,400|17,600|
||Accruais and deferred||income|||6,260|5,900|
|||||||48,&23|54,470|
##
||||||||||Movement|in funds|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||~slehco et|aermrrces|tsanstels|aeoalrmllolls|aotshce et|Incnmine|aesomces|Tmnsrcrc|Ilcoatrmttons,|~rtance at|
||||sJmmmv sots|«srrehded||Sollls olid tosses|SJommro SOS'|resoorces|~ascended||Seine and lessee|Sloecemtmr|
|||||||||||||sess|
||||||E|E|||E|E|E|E|
|Property|Reserve|Fund|149,425|(9,138)|20,000|36,834|197,121|5,141|(1,502)|15,000|7,322|223,082|
||||149,42S|(9,138)|20,000|36,834|197,121|5,141|(1,502)|15,000|7,322|223,082|
##
|Analysts of|net assets between funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Endowment|Total|Unrestricted|Designated|Endowment|Total|
|||funds|funds|funds||funds|funds|funds||
|||2022|2022|2022||2021|2021|2021|2021|
|||E|E|E||E|E|E|E|
|Fund balances at31December 2022 are||||||||||
|represented|by:|||||||||
|Investment|properties|49+43||1,949,933|1,999,876|50,688||1,949,1&8|1,999,876|
|Investments
Current assets/(IIabigties)||33,714
19,820|236,144
(13,062)|2,060,593
-|2@30,451
37,747
6,75840,801||210,183
(13,062)|2,302,825
2,346|2/50,755
30,0$5|
|||103,477|223,082|4,010,526|4,337,085|129,236|197,121|4,254,359|4580,716|
##
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|16|Related party transactions|||||||
|---|---|---|---|---|---|---|---|
||There were no disclosable
related party transactions||||during the year (2021-none).|||
|17|Cash generated
from activities|||||2022
f|2021
E|
||(Deficit)/surpus
for the year|||||(243,631)|347,038|
||Adjustments
for:|||||||
||Loss/(gain)
on disposal of investments|||||59,501|(2,035)|
||Fair value gains and losses on investment||properties||||(101,375)|
||Fair value gains and losses on investments|||||168,007|(239,733)|
||Movements
in working capital:|||||||
||Decrease in debtors|||||7,136|1,021|
||(Decrease)/increase
in creditors|||||(5,647)|1,636|
||Cash generated
from general activities|||||(14,634)|6,552|
||Purchase of investments|||||(400,447)|(480,628)|
||Proceeds on disposal of investments|||||418,892|469,581|
||Increase/(Decrease)
in cash balances|in the year||||3,811|(4,495)|
||Made up of:|||||||
||(Decrease) in cash held at bank|||||(21,838)|(974)|
||Increase /(Decrease)
in cash held in investment|||portfolio||25,649|(3,521)|