OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

Ex-officio Trustees Ex-officio Trustees Reverend
Dr VRoberts
Reverend JHearn
Reverend
D Thompson
Nominative Trustees Cllr SCross
Cllr M Grainger
Cowptative Trustees Mr T Brown - Chairman
Mr AAtkins
MrJ Labrum
MrS Morley
Mrs J Morris
Mr N Thurley
Mrs P M Fawcett (Appointed July 2021)
Charity number 528745
Principal address C/0 Moore &Tibbits
34 High Street
Warwick
Warwickshire
CV344BE
Clerk tothe Charity Mr C ER Houghton
Independent examiners Burgis &Bullock
23-23 Waterloo Place
Leamington
Spa
CV32 5LA
Bankers Lloyds TSBBank pic
10-12Swan Street
Warwick
CV344BT
Solicitors Moore 8 Tibbits
34 High Street
Warwick
CV344BE
Investment advisors Brewin Dolphin Securities Limited
Woodstock Court
Blenheim Road
Marlborough
Wilts hire
SN8 4AN

Page
Trustees'
report		 1-2
Independent
examiner's		 report
Statement offinancial activities 4-9
Balance sheet 12
Notes to the financial statements 13-24

SirThomas Delves
~Chsri
Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2020 2019
Notes E f f f
ncome and endowments from:
Licence fees - car
park 1,750 1,750 1,500
Rent received:
Leasowes Farm 3,319 3,319 3,254
49-53 Brook Street,
Warwick 30,798 30,798 30,912
Investments:
COIF Dividends 732 120 1,761 1,726
MKGlncome 132 132 123
Brewin Dolphin
Dividends 3,249 3,249 3,652
Total income and
endowments 39,980 120 909 41,009 41,167
x e dit re on
Warwick United
Charity 3,725 3,725 3,838
Warwick
Apprenticing
Charities 32,037 32,037 33,001
Total Grants 35,762 35,762 36,839
Other ex enses
Insurance 1,276 1,276 270
Repairs and
renewals
Clerk fees 2,250 2,250 2,250
Independent
examiners fees 122 122 225
Professional fees 393 393 400
Sundry 177 177 175
Brokers fees 766 766 801
Total resources
expended 39,980 766 40,746 40,960

SirThomas Delves SirThomas Delves
~Charl
Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2020 2019
Notes
Net Income/Expenditure
before gains/(losses) on
investment 120 143 263 207
Net gains/(losses)
on investments 7 1,478 2,171 264 3,913 24,495
Net movement in funds 1,478 2,291 407 4,176 24,702
Fund balances at 1
January 2020 24,087 29,009 769,397 822,493 797,791
Fund balances at 31
December 2020 25,565 31,300 769,804 826,669 822,493

renticin
eed		 and and Relief in Restated
Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2020 2019
Notes
ncomeanden o e tsfrom.
Income from Sir
Thomas Delves
Charity 32,037 32,037 33,001
Grant received from
Warwick King
Henry
Vill
Endowed Trust 30,000 30,000 30,000
Grant received from
Warwick Relief in
Need Charity 10,000
Donations - Moore
Tibbits 447 447 1,923
Donations -others 1,000 1,000 4,140
Investments:
COIF Dividends 633 1,227 1,860 1,823
M&G Income 132 132 123
Brewin Dolphin
Dividends 4,036 4,036 4,438
Interest 246 246 505
Annual
Founders
Dinner receipts 900
Total income and
endowments 38,531 30,000 1,227 69,758 86,853
Ex enditure on:
Amounts
applied
from other grants 14,912 30,000 44,912 49,043
Clerk fees 6,000 6,000 6,000
Independent
examiners fees 2,158 2,158 2,055
Website costs 12 12 192
Prinbng, Postage &
Stationery 76
Annual
Founder's
dinner costs 1,345
Brokers fees 1,065 1,065 1,107
Total resources
expended 23,082 30,000 1,065 54,147 59,818

renticin and Relief in
eed Restated
Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2020 2019
Notes K E E
Net Income/Expenditure
before gains/(losses) on
investment 15,449 162 15,611 27,035
Net gains/(losses)
on investments 7 2,028 1,178 3,206 27,506
Net movement in funds 17,477 'i,340 18,817 54,541
Restated Fund
balances at 1
January 2020 135,812 213,031 348,843 294,302
Fund balances at 31
December 2020 153,289 214,371 367,660 348,843

SirThomas Delves
~Chari
Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2019 2018
Notes f F f
ncome and endowments from:
Licence fees - car
park 1,500 1,500 1,500
Rent received:
Leasowes Farm 3,254 3,254 3,292
49-53Brook Street,
Warwick 30,912 30,912 31,656
Investments:
COIF Dividends 718 117 891 1,726 1,693
M8G Income 123 123 143
Brewin Dolphin
Dividends 3,652 3,652 3,616
Total income and
endowments 40,159 117 8S1 41,167 41,900
x enditure on:
Warwick United
Charity 3,838 3,838 3,722
Warwick
Apprenticing
Charities 33,001 33,001 32,009
Total Grants 36,839 36,839 35,731
rex e e
Insurance 270 270 1,278
Repairs and
renewals 208
Clerk fees 2,250 2,250 2,250
Independent
examiners fees 225 225 242
Professional fees 400 400 891
Sundry 175 175 311
Brokers fees 801 801 831
Total resources
expended 40,159 801 40,960 41,742

SirThomas Delves SirThomas Delves
Cha rith
Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2019 2018
Notes
Net Income/Expenditure
before gains/(losses) on
investment 117 90 207 158
Net gains/(losses)
on investments 7 3,626 3,414 17,455 24,495 (11,467)
Gross transfers
between funds (5,000) 5,000
Net movement in funds (1,374) 8,531 17,545 24,702 (11,309)
Fund balances at 1
January 2019 25,461 20,478 751,852 797,791 809,100
Fund balances at 31
December 2019 24,087 29,009 769,397 822,493 797,791

rentic n
and		 Relief in Relief in Relief in Restated Restated
eed
Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2019 2018
Notes f f f f
Income and endowments from:
Income from Sir
Thomas Delves
Charity 33,001 33,001 32,009
Warwick King Henry Vill
Endowed
Trust Grants		 30,000 30,000 27,000
Grant
received		 from
Warwick
Relief		 in Need
Charity 10,000 10,000 12,000
Grant received from Charity
ofThomas Oken & Nicholas
Eyffler 10,000
Donations - Moore
Tibbits 1,923 1,923 1,108
Donations -others 4,140 4,140 4,000
investments:
COIF Dividends 620 1,203 1,823 1,787
MBG Income 123 123 143
Brewin Dolphin
Dividends 4,438 4,438 4,357
Interest 505 505 138
Annual
Founders
Dinner receipts 900 900 1,170
Outward
Bound
Deposits 1,000
Total income and
endowments 45,650 40,000 1,203 86,853 94,712
Ex e ditureon:
Amounts
applied
from other grants 9,043 40,00Q 49,043 55,928
Clerk fees 6,000 6,000 6,000
Independent
examiners fees 2,055 2,055 2,211
Accountancy
fees
Website costs 192 192 147
Printing,
Postage 8
Stationery 76 76 98
Annual
Founder's
dinner costs 1,345 1,345 1,376
Brokers fees 1,107 1,107 1,026
Total resources
expended 18,711 40,000 1,107 59,818 66,786

A
renticin		 and Relief in Restated Restated
Need
Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2019 2018
Notes
Net Income/Expenditure
before gains/(losses) on
investment 26,939 96 27,035 27,926
Net gains/(losses)
on investments 3,133 24,373 27,506 (14,906)
Net movement in funds 30,072 24,469 54,541 13,020
Restated Fund
balances at1
January 2019 105,740 188,562 294,302 281,282
Fund balances at31
December 2019 135,812 213,031 348,843 294,302

2020 2019
Restated
Notes E
Fixed assets
Investment properties -SirThomas
Delves Charity 615,000 615,000
Investments -SirThomas Delves Charity 202,895 200,053
Investments -Apprenticing
and Relief in
Need 279,407 226,961
1,097,302 1,042,014
Current assets
Debtors 9,459 10,458
Cash at bank and in hand 111,193 155,296
120,652 165,754
Creditors: amounts falling due within
one year 12 (23,625) (36,432}
Net current assets 97,027 129,322
Total assets less current liabilities 1,194,329 1,171,336
Capital funds
Endowmentfunds
SirThomas Delves Charity 769,804 769,397
Apprenticing and Relief in Need 214,371 213,031
13 984,175 982,428
Income funds
Unrestricted funds
Designated funds - SirThomas Delves
Charity 15 31,300 29,009
General unrestricted funds - SirThomas
Delves Charity 25,565 24,087
General unrestricted funds-
Apprenticing And Relief in Need 153,289 135,812
210,154 188,908
1,194,329 1,171,336

Restated
2020 2019
E
Amounts applied for advancement in life and other grants 44,912 49,043
Warwick United Charity 3,725 3,838
48,637 52,881

2020 2019
Number Number

Unrestricted Endowment Endowment Total Total
funds funds funds 2020 2019
f Designated
F.		 general
f.
Revaluation ofinvestments 2,755 2,171 13,905 18,831 46,051
Gain/(loss) on sale ofinvestments (12,463) (12,463) 5,950
Revalution ofinvestment properties 751 751
Forthe year ended 31 December
2020 3,506 2,171 1,442 7,119 52,001
For the year ended 31 December
2019 6,759 3,414 41,828
9 Fixed asset investments
Usted Unlisted eir Thomas Warwick Cash in Other Total
investments investments Delves Apprenticing portfolio Investments
Charity Charities
8 5
Cost or valuation
At 1 January 2020 281,191 77,645 60,723 7,455 427,014
Additions 89,118 (89,118)
Valuation changes (12,430) 3,755 (3,190)
Brokers fees (1,831) (1,831)
Transfer
in from bank		 49,945 49,945
Gain/(loss)
realised on disposals		 10,364 10,364
Disposals (65,258) 65,258
At31December 2020 302,985 63,130 64,478 31,709 482,302
Canying amount
At 31 December 2020 302,985 83,130 64,478 31,?09 482,302
At 31December 2019 281,191 77,645 60,?23 7,455 427,014
Disposal proceeds are stated net ofbroker transaction fees which have not been quantified.

10 Financial instruments instruments 2020 2019
E
Carrying amount offinancial assets
Equity instruments measured
at fair value through		 profit or loss (investments
at market value) 482,302 427,014
11 Oebtors
2020 2019
Amounts falling due within one year: R
Rents receivable 8,457 7,463
Rental deposit 2,000
Prepayments
and accrued income		 1,002 995
9,459 10,458
12 Creditors: amounts falling due within one year Restated
2020 2019
E
Grants payable 1,000 17,476
Amounts due to Warwick United Charities 7,563 3,838
Accruals 6,519 6,519
Rent received
in advance		 8,543 8,599
23,625 36,432

Movement in funds Movement in funds
Restated Restated
Incoming Resources Balance at Incoming Resources Balance at
resources expended1 January 2020 resources expended 31December
2020
K E
Grant received from
Warwick King Henry Vill
Endowed Trust 30,000 (30,000) 30,000 (30,000)
Grant received from
Warwick Relief in Need
Charity 10,000 (10,000)
40,000 (40,000) 30,000 (30,000)

The income funds ofthe charity funds ofthe charity indude the following designated
funds		 which have been set aside out ofunrestricted funds by the trustees for specific purposes: for specific purposes:
Movement in funds Movement in funds
Balance at
1January 2010		 Incoming
msources		 Transfers Revaluations,
Balance at
gains and1 January 2020
losses		 Incoming
msources		 Revaluations,
gains and
losses		 Balance at
31Oecemtmr
2020
E E E E E E E
Designated Repairs 8 Renewals fund 20,478 117 5,000 3,414 29,009 120 2,171 31,300
20,478 117 5,000 3,414 29,009 120 2,171 31,300
The Designated Repairs and Renewals Fund has been established
to provide the charity		 with suifident funds to meet repair costs and expense during
void periods.
16 Analysis ofnet assets Analysis ofnet assets between funds Restated Restated
Unrestricted
funds		 Designated
funds		 Restdcted
funds		 Endowment
funds		 Total Unrestricted
funds		 Designated
funds		 Restricted
funds		 Endowment
funds		 Total
2020 2020 2020 2020 2020 2019 2019 2019 2019 2019
6 6 6 6 5 8 E 8 8
Fund balances at 31
December 2020are
represented by:
investment properlies 615,000 615,000 615,000 615,000
Investments 98,064 26,237 358,001 482,302 44,556 24,066 358,392 427,014
Current assetsI(liabili8es) 80,790 5,063 11,174 97,027 115,343 4,943 9,036 129,322
178,854 31,300 984,175 1,194,329 159,899 29,009 982,428 1,171,336