The Coventry Diocesan Gulld of Church Bellringer5 Bell Repair Fund
Registered Charity 502576
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
Hlstory and Objectives
The Fund was formed in 1973 to provide financial assistance by way of grants to churches
within the Diocese of Coventry incurring expenditure on the provlsion. 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 reclplent of the Income from the Philip Faulks Memorial Bell Fund which was
established from a legacy in 2018. The Fund is held and adrninistered by the Coventry
Diocesan Trustees, registered charity 249165.
Trustees, Structure and Governance
The Trustees during the year and to the date of this report are:
M Chester- Presldent
M W Sayers - Guild Rlnglng Master
S P Rogers - Treasurer
Mrs A Hall - Secretary
The Trustees are also Trustees of The Coventry Guild of Church Bellringers, ￿gIStered charity
517977.
The Trustees meet four times a year to review the Fund's activities. its finances, the risks it
faces and to consider applications for grants. On appointment Trustees go through induction
and training relevant to the needs of the Fund and thetnselves.
The prlndpal address of the Fund is 3 Richardson Close. Warwick CV34 5HD.
Financial Review and Artivities
The income in the year was £27,743 of which £23.918 came from the Philip Faulks Memorial
Bell Fund. This was the fourth full year of income from that Fund. The Trustees anticipate that
the 2023 level of income from the Philip Faulks Memorial Bell Fund will continue for the
foreseeable future but may fluttuate from year to year according to stock market conditions.
Eleven donations were made in 2022, totalling £17,783, mainly for frame painting and the re-
bushing of clappers. A total of £483 was also paid out for maintenance inspettions at 4
churches. The surplus for the year was £9,960 and the reserves are £53,729.
The Trustees are being proactive in using the new level of income effettively by donatlng to
churches having bell Maintenan￿ reports whilst still being receptive to funding any
maintenance needed 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 contact the Trustees if your bells have not been inspetted yet.
In 2023 the Trustees have committed nearly £57,000 to 4 different other churches, mainly for
the rehanging of bells and augmentation. The very nature of the Fund means that the
donations it makes to churches vary from year to year according to repairs, maintenan
issues, 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 tenns with over 100 towers with bells in the Guild the Fund is equivalent to just over
£500 per tower. The Trustees regard the current level of reserves as a(iequate and are
satisfied that the Trust has met Its public benefit objectives in the year.
The Trust is regarded as a going concem with its reserves being held in cash deposits.

The Coventry Diocesan Gutld of Chwth Bellringers Bell Repar Fund
Registered Char5ty ￿2576
TRusfEES' REPORT - continued
Reserwes pollcy
It is the policy of the Trustees to hold unrÈstricted cash reserve5 equtvalent to at least one
year's typical net income. Amounts In exce55 of this are avaltable to meet the years in which
charitable attivities (assistan￿ by grants to qualifying bodies) exceed the norm.
Rlsk pollcy
The major risks, to which the Trust is expo￿, as identified by the Trustees, have been
reviewed and mlnuted. The Trustees continue to keep the Trnsvs activities under review and to
monitor the effectiveness of the internal controls and other means, induding appropriate
insuran(% cover, so ￿ to minimtse risks identi￿.
Professlonal advlsers
The Trust's advlsers are:
Banklng
Independent Fxaminer
Insuran
Coventry Building Society, WaTh¥ick and Lloyds Bank, Warwlck
D Bell, Tysoe
Ecde5iastical Insurdnce. Gloucester
conjunthon with 7he Coventry Guild of Church Bellringet5
statemert of the Trustee￿ responsli jilities
The charity Trustees are responsible for preparing a Trustees, annual report and financial
statements in accordan￿ with applicable law and United Kingdom Accouniing Standards
(Unlted Kingdom Generally Accepted Accountlng Practice). The law applicable to charities In
England and Wales requires the d￿rity Truste￿ to prepare financial statements for eath year
which give a true and fair view of the state of affairs of the charity and of the irKoming
resource5 and appli(xtion of re￿￿rCes, of the charity ft)r that period.
In preparing the fina￿181 statements. the Trt￿ee5 are required to:
• select sultable accounttng pollde5 and then apply them consstently;
' observe the methods and principles in the applicable thaTitias SORP.
• make Judgements and estlmates that are reasonable and prudent.
. state whether applicable accountlng siandards have been followed, subject to any material
departures disdosed and explained in the financial statemenls;
. prepare the finanaal statements on the going conom basis unless It Is inapproprlate to
presurne that the charity will cDntlnue In busine5S.
The TEUStees are responslble for keeplng proper accountlng records that disdose with
reasonable accuracy at any time the financial r*)sitlon of the charity and to enable them to
ensure that the finan(ial statements comply wlth the Charities Art 2011, the appllcable
Charities (AccoLtnts and Reports) Regulatyons, Financial Reporting Stsndard 102, and the
provisions of the Trust deed. They are also responsible for safeguardlng the assets of the
chartty and takirvJ reasonable steps for the prevention and detection of fraud and other
irregularities.
The finanaal statements are not rÈquireJ to be audited under the provision of Section 144(2)
of the Charities Act 2011 but are required to be independentty examlned.
Approved by the TnJstees
M Chester
Presldent
023

The Coventry Diocesan Guild of Church Bellringers Bell Repair Fund
Registered Charity 502576
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF
The Coventry Dlocesan Guild of Church Bellringers Bell Repalr Fund
I report to the trustees on my examination of the accounts of The Coventry DI0￿San Guild of
Church Bellringers Bell Repair Fund (the Fund) for the year ended 31 December 2022 which
are set out on pages 4 and 5.
Responsibilities and basis ot report
As the charity trustees of the Fund you are restK)nsible for the preparation of the accounts in
accordance with the reqU1￿ments of the Charities Att 2011 ('the Act?.
I report in respect of my examinatron of the Fund's accounts carried out under section 145 of
the 2011 Act and in carrying out my examinatiorb I have followed all the applicable Directions
given by the Charity Commission under section 145(5)(b) of the Act.
Independent examlnerfs statement
I have completed my examination. I confim) that no materlal matters have come to my
attention in connection with the examination giving me cause to believe that in any material
respect:
l. accountlng records were not kept in respect of the Fund as required by section 130 of the
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn in thi5 reDOrt in order to enable a proper understanding of
the accounts to be reached.
D Bell
Badgers Farmnouse
Badgers Lane
Lower Tysoe
WARWICK
CV35 OBY
2023

The Coventry Diocesan Guild of Church Bellringers Bell Repair Fund
Registered Charity 502576
Financial Ststements for the year ended 31 December 2022
BALANCE SHEEf at 31 December 2022
2022
2021
Current Assets
Cash at bank & in hand
Fundraising cash in hano
53,729
43,769
53.729 £
43,769
Represented by
Unrestricted funds
53.729 £
43,769
24
Approved by the tnjstees on ......................... ......................2023 and signed on their behalf by..
S P Rogers. T￿aSurer
STATEMENT OF FINANCIAL AcrIvmES for the year ending 31st December 2022
2022
2021
Income
Donations
Philip Faulks Memorial Bell Fund
The Coventry DI0￿$an Guild of Church Bellringers
Others
Total donation income
Fundraising ~ Draw aub etc
Interest
Total income
23,918
2,120
959
26.997
702
23.132
120
301
23.553
480
69
Expenditure on
Charitable aciivities being grants to:
Shotteswell, St Laurence
Chilvers Coton, All Saints
Astley, St Mary Virgin
Tysoe, Assumption of Blessed Virgin Mary
Stretton-on-Dunsmore. All Saints
Burton Hastings. St Botolph
Honiley, St John Baptist
Tredington, St Gregory
Keresley, St Thomas
Rugby. St Andrew
Farnborough, St Botolph
4 churches for bell Maintenan￿ inspections
8 churches for variou5 aspects of bell maintenan
15 churches for bell ffla1ntenan￿ inspettions
Total expenditure
1.000
1,000
6.500
150
500
500
700
3,200
900
850
2.000
21,900
Surplus for year
Total funds at l January
Total funds at 31 December
9,960
456
£ 53 729 £ 43,769
Note.. The Trustees a150 awarded grants in 2022 totaling £56.700 to churches for work to be
undertaken in 2023-2024.

The Coventry DioGesan Guild of Church Bellringers Bell Repair Fund
Registered Charity 502576
NOTES TO THE FINANCIAL sfATE14ENTS
Accountlng Policies
The financial statements have been prepared in accordan￿ with statements of stsndard
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 with Accounting and Reporting by
Charities: Ststement of Recommended practi￿ applicable to charities and in accordance with
the Financial Reporting Standard 102 and the Charities Att 2011 and applicable regulations.
The financial statements have been prepared on a receipts and payments basis with Items
cognised at cost or transaction value unless otherwise.
The financial statements have been prepared the Fund meets the definltion 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 charEty 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
Asslstance to qualifying bodies comprises grants payable in fvrtherdnce of the Fund's
objectives and is recognised in the accounts when claimed by the recipient.
(g) Cash Flow Statement
Advantage has been tsken of the exemption for small entities in Flnancial Reporting standard
102, Section la, not to prepare a cash flow statetnent
Trustees. Remuneration
No trustee received any ￿MuneratiOn or expenses in either accounting period.
Taxation
There is no liability to taxatlon on the ￿Ult for the year because the Trust is a ￿gIStered charity.