The Coventry Diocesan Guild of Church Bellringers Bell Repair Fund
Re9iStered Charity 502576
TRusfEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2020
History and Objertives
The Fund was fomied in 1973 to provide financial assistance by way of grants to churches
within the Di0￿Se of Coventry incurring expenditure on the provision, Maintenan￿ or
improvement of their bells and bell installations or for the Maintenan￿ of the fabric of their
towers and belfries.
The Fund is the recipient of the income from the Philip Faulks MernoTial Bell Fund which was
established from a legacy in 2018. The Fund is held and administered by the Coventry
DI0￿San Trustees, registered charity 249165.
Trustees, Strurture and Governance
The Trustees during the year and to the date of this ￿port are:
A F Alldrick - p￿Ident
M W Sayers - Guild Ringing Master
S P Rogers - Treasurer
Mrs A Hall - Secretary
The Trustees are also Trustees of The Coventry Guild of Church Bellringers, registered charity
517977.
The Trustees meet four tirnes a year to review the Fund's attivities, its finances, the risks it
faces and to consider applications for gTrnts. On appointment Trustees go through induction
and training relevant to the needs of the Fund and themselves.
The principal address of the Fund Is 3 Rlchardson Close. Warwick CV34 5HD.
Financial Review and Activitie5
The income in the year was £26,016 of which £22.338 came from the Phlllp Faulks Memorial
Bell Fund. This was the second full year of income from that Fund. The Trustees anticipate that
the 2020 level of income from the Philip Faulks Memorial Bell Fund will continue for the
foreseeable future but may fluctuate from year to year according to stock market conditions.
Ten donations were made in 2020, totalling £36.910, including one of £25,000 for the
rehanging of the bells at Snitterfield. The others were mainly for frame painting, re-bushing
clappers and the augmenting of the bells at Radway. A total of £2,377 was also paid out for
maintenance inspettions at 15 churches. The defiot for the year was £13,271 and the reserves
are £43,313.
The Trustees are being proactive in using the new level of income effectively by donating to
churches having bell maintenance reports whilst still being ￿ceptiVe to funding any
rnaintenan￿ need&J on bells and fittings- and augmentations to existing rings. The Trustees
encourage any towers thinking about work on their bells and fittings to apply to the Fund for a
donation as with more cash available the donation could be a lot larger than those from the
previous years. please contatt the Trustees if your bells have not been inspected yet.
In 2021 the Trustees have committed just over £20,000 to 5 diffe￿nt other churches, malnly
for clapper repairs and frame painting. The very nature of the Fund means that the donations
it makes to churches vary from year to year according to repairs, maintenance issue5, and
enhancements that occur and qualify for support. The donations made from the Fund vary
from a few hundred pounds to several thousand according to the work needed. In simple
terms with over 100 towers with bells in the Guild the Fund is equivalent to just over £400 per
tower. The Trustees regard the current level of reserves as adequate and are satlstled that the
Trust has met its public benefit objectives in the year.
The Trust is regarded as a going concern with its reserves being held in cash deposits.

The Coventry Diocesan Guild of Church Bellringers Bell Repalr Fund
Regislered Charity 502576
TRUSTEES. REPORT - continued
Reserve5 policy
It is the policy of the Trustees to hold unre5tri(tsl cash reserves equivalent to at least one
yearfs typical net income. Amounts in excess of this are available to meet the years in which
charitable activities (assistance by grants to qualifying bodies) ex￿ed the norm.
Risk policy
The major risks, to which the Trust is exposed, as identified by the Trustees, have been
reviewed and minuted. The Trustees continue to i(eep the Trust's artivities under review and to
monitor the effectiveness of the intemal controls and other means, including appropriate
insurance cover, so as to minlmise risks identifIed.
Professional advisers
The Trust's advisers are:
Banking
Independent Examiner
Insurance
Coventsy Building Society, Iva￿1Ck and Lloyds Bank, Warwick
D Bell, Tysoe
Ecclesiastical Insurance. Gloucester
In conjunttion with The Coventry Guild of Church Bellringers
Statement of the Trustees. responsibilities
The charity Trustees are responsible for preparing a Trnstees. annual report ènd financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Prnctice). The law applicable to charities in
England and Wales requires the charity Trustees to prepare financial st2tements for each year
which give a true and fair view of the stste of affairs of the charity and of tiie incoming
resou￿ and application of resources, of the charity for tb.at period.
In preparing the finanaal statements, the Trustees are required to:
• selert suitable accounting policies and then apply them consistently;
obseNe the methods and Drinaples in the applicable Charities SOP.P'
make judgements and 8Stimates that are reasonable and prudent.
state wh,ether applicable accounting standards have been followed, subject to any material
departures drsclosed ano" explained in the financial statements;
prepare the financial statements on the going COn￿M basis unless it is Inappropriate to
presume that the charity will continue in business.
The Tnjstees are ￿sponsible for keeping proper accounting record5 that disdose with
reasonable accuracy at any ts'me the finanoal position of the chartty and to enable them to
ensure trjat the financial statements comply with the Charities Act 2011, the applicable
Charities {Accounts and Reports) Regulations. Financial Reporting Standard 102, and the
provision5 of the Trust deed. They are also responsible for safeguarding the assets of the
charity and taking reasonable steps for the prevention and detection of fraud and other
irregularities.
The financial statements are not reouired to be audited under the provision of Sectlon 144(2)
of the Charities Act 2011 but are required to be independently examined.
Approved by the Trustees
A Alldrick
President
Ll
..2021

The Coventry Diocesan Gulld of Church Bellringer5 Bell Repair Fund
Re9iStered Charity 502576
INDEPENDENT EXAMXNER'S REPORT TO THE TRusfEES OF
The Coventry Diocesan Guild of Church Bellrtngers Bell Repair Fund
I report to the trustees on my examination of the accounts of The Coventy Diocesan Guild of
Church Bellringers Bell Repair Fund (the Fund) for the year ended 31 December 2020 which
are set out on pages 4 and 5.
Responsibilities and basis of report
As the charity trustees of the Fund you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Fund's accounts carried out under section 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable Directions
given by the Charity Commission under settion 145(5)(b) of the Act.
Independent examinerfs statement
I have completed my examination. I cor)firm that no material matters have come to my
attention in connettion with the examlnatlon giving me cause to believe that in any material
respect:
l. accountlng records were not kept in respect of the Fund as required by settion 130 of the
Act: or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with Lhe examination
to which attention should be drdwn in this report in order to enable a proper understanding of
the accounts to be reached.
D Bell
Badoers Farmhouse
Badoers Lane
Lower Tysoe
WARWICK
CV35 OBY
25-2-
2021

The Coventry Diocesan Guild of Church Bellringers Bell Repatr Fund
Registered Charity 502576
financial Statements for the year ended 31 December 2020
BALANCE SHEET at 31 December 2020
2020
2019
CUr￿nt Assets
Cash at bank & In hand
Fundraising cash in hand
43,313
56,584
43313 £
Represented by
Unrestritted funds
43313 £
56.584
Is- i-
Approved by the trustees on .......................................2021 and signed on their behalf by:
S P Rogers, Treasurer
STATEMENT OF FINANCIAL ACTIvrriES for the year ending 31st December 2020
2020
2019
Income
Donations
Philip Faulks Memorial Bell Fund
The Coventry Diocesan Guild of Church Bellringers
Others
Total donatlon income
Fundraising - Draw Club etc
Interest
Total income
22,338
2,140
465
24,943
742
331
26.016
21,688
2,480
484
24.652
605
217
25,474
Expenditure on
Charitable activities being grants to:
Kineton, St Peter
Wolvey, St lohn Baptist
Radway, St Peter
Studley, Nativity of Blessed Virgin Mary
Whitnash, St Margaret
Stoneleigh, St Mary Virgin
Clifford Chambers, St Helen
Dunchurch, St Peter
Snitterfield, St James Great
Kenilworth, St Nicholas
St Mary's. Warwick
St Nicholas, Warwick
St Michael's. Stockton
15 churches for bell Maintenan￿ inspections
Total expenditure #
2,000
500
4.500
1,000
900
150
1,600
160
25,000
I,ioo
575
2,100
1,014
2,377
39,287
Surplus for year
Total funds at L January
Total funds at 31 December #
(13.271)
19,388
37,196
43 313 £ 56.584
# The Trustees also awarded grants in 2020 toLiling £20,400 (2019 - £33,500) to churches for
work to be undertaken in 2021-2022.

The Covèntry Diocesan Guild of Church Bellringers Bell Repair Fund
Registered Charity 502576
NOTES TO THE FINANCIAL sfATEMENTS
Accounts'ng Policies
The financial statements have been prepared in accordance with statements of standard
accounting practice issued by the UK accountancy bodies. The particular accounting policies
adopted are described below:
(a) Basis of Accounting
The financial statements have been prepared in accordance wtth Accounting and Reporting by
Charities.. Statement of Recommended Prdctice applicable to charities and in accordan￿ with
the Financial Reporting Standard 102 and the Charities Act 2011 and applicable regulations.
The financial statements have been prepared on a receipts and payments basis with items
recognised at cost or transaction value unless otherwise.
The flnanclal statements have been prepa￿d the Fund meets the definition of a public benefit
entity under FRS 102 and qualifies as a small entity.
(b) Fund Accounting
Unrestricted funds comprise the accumulated surpluses made by the charity over its lifetime.
These funds are available for use by the Trustees in furtherance of the objects of the charity.
(c) Incoming Resources
Income is accounted for as received and is stated gross.
(d) Resources Expended
Assistance to qualifying bodies comprises grants payable in fvrtherance of the Fund'5
objectives and is recognised in the accounts when claitned by the recipient.
(g) Cash Flow Statement
Advantage has been taken of the exemption for small entities in Financial Reporting Standard
102, Settion la, not to prepare a cash flow statement
Trustees. Remuneration
No trustee received any remuneration or expenses in either accounting period.
Taxation
There is no liability to taxation on the result for the year because the Trust is a registered charity.