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REGISTERED COMPANY NUMBER: 06660648 (England and Wales)
REGISTERED CHARITY NUMBER: 1125937















REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE HELEN JEAN COPE CHARITY

THE HELEN JEAN COPE CHARITY






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Report of the Trustees 1 to 5

Independent Examiner's Report 6 to 7

Statement of Financial Activities 8

Balance Sheet 9 to 10

Notes to the Financial Statements 11 to 26

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charity are to distribute the charity's assets to local charitable causes which must be registered charities.

Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

The objectives and everything the charity does is for the public benefit.

Grantmaking
The grant policy is to:-
- give donations to registered charities only.
- not to give to individuals.
- not to make any permanent on-going commitment to any one charity.
- to consider repeat applications on their merit and in the light of the financial position at that time.
- consider applications from non-local charities on their merit.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has distributed 43 (2023: 42) grants to charities during the period.

FINANCIAL REVIEW
Financial position
The total expenditure during the period was £117,577 (2023: £112,827).

The charity has total funds carried forward of £7,629,144 (2023: £6,677,235) which will be used to continue meeting the charity's objectives.


THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024


FINANCIAL REVIEW
Investment policy and objectives
The Constitution authorise the trustees to make and hold investments using the assets of the charity. The trustees have entered into a discretionary management agreement of the investment portfolio with Charles Stanley and Company Ltd. During the period the trustees asked the brokers to take into account any social, environmental or ethical considerations when managing the portfolio.

The overall value of the charity's listed and unlisted investments increased by £30,545 during the year. Gross dividends received in the period amounted to £79,927 (2023: £83,721).The trustees have considered the risk of the pandemic on the investments as noted in this report.

Reserves policy
The Charity's unrestricted funds are mainly invested in stocks and shares. The Charity does not solicit donations or receive any grants, nor does it provide continued funding to any organisations. The likelihood of a shortfall arising meaning that a reserve is necessary is considered so low that the Trustees believe that the Charity's reserves can be set at a level to simply cover the contractual expenses of the Charity relating to its continued operations which are as follows:

a) Lease of the office premises (maximum commitment of three years)
b) Public Liability and office Insurance
c) Salary of part time Administrator
d) Fees payable to professional advisers
e) General administration costs
f) Such other expenditure as the Trustees may from time to time consider necessary for the operation of the Charity

The Trustees have resolved that a sum sufficient to cover three years expenses shall at all times be reserved from the assets of the Charity or until such time as the Charity shall come to an end.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Helen Jean Cope Charity is a charitable company limited by guarantee and registered in England and Wales Number: 06660648.


THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Charity constitution
The charitable company was incorporated on 30 July 2008 and registered under the number 1125937 with the Charity Commission. The company took over the assets and operations of the charity "The Helen Jean Cope Trust" which was removed as a charity. The trustees of the charity were the same as the trustees of The Helen Jean Cope Trust. These were originally two of the executors named in the will of Miss Helen Jean Cope plus three additional trustees that were appointed in accordance with the discretion conferred by the will to the executors. Appointment of any further trustees is now at the discretion of existing trustees and in accordance with the Memorandum and Articles of Association.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of winding up.

Organisational structure
The charity is run by six trustees who meet on a regular basis and consider applications for grants. Applications for grants are received from registered charities in the United Kingdom who hear about the charity by way of articles in local newspapers and also National Charities Register. Information regarding the charity is also held in local libraries.

The tenanted land and buildings are administered by the managing agents, E A Lane and Sons.

Risk management
The trustees have assessed the major risks to which the charity is exposed, are are satisfied that the systems are in place to mitigate exposure to the major risks.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06660648 (England and Wales)

Registered Charity number
1125937

Registered office
1 Woodgate
Loughborough
Leicestershire
LE11 2TY


THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024

Trustees
Miss L A Brydson Retired Solicitor
Mr G S Freckelton Chartered Surveyor
Mr A Roberts Retired Solicitor
Mr J M Carrington Managing Director
Mr A J Benskin Solicitor
Mr M G Freckelton Director

Company Secretary
Mr J M Carrington

Independent Examiner
Niall Kingsley FCA
Duncan & Toplis Limited
3 Princes Court
Royal Way
Loughborough
Leicestershire
LE11 5XR

Solicitors
Fieldings Porter
Silverwell House
Silverwell Street
Bolton
BL1 1PT

Bankers
HSBC Bank plc
P O Box 13
41 Market Place
Loughborough
Leicestershire
LE11 3EJ

Investment advisors
Charles Stanley and Company Limited
25 Luke Street
London
EC2A 4AR

Land agents
E A Lane and Sons
100 Regent Road
Leicester
LE1 7DG

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved and authorised for issue by order of the board of trustees on 6 June 2025 and signed on its behalf by:





Mr G S Freckelton - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE HELEN JEAN COPE CHARITY

Independent examiner's report to the trustees of The Helen Jean Cope Charity ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE HELEN JEAN COPE CHARITY


Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Niall Kingsley FCA

Duncan & Toplis Limited
3 Princes Court
Royal Way
Loughborough
Leicestershire
LE11 5XR

18 June 2025

THE HELEN JEAN COPE CHARITY

STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024

2024 2023
Unrestricted Total
funds funds
Notes £    £   
INCOME AND ENDOWMENTS FROM

Investment income 3 97,669 103,916
Other income 4 200 40,000
Total 97,869 143,916

EXPENDITURE ON
Raising funds
Investment management costs 5 14,278 13,863
14,278 13,863

Charitable activities 6
Charitable activities 103,299 98,964
Total 117,577 112,827

Net gains on investments 971,617 98,676

NET INCOME 951,909 129,765


RECONCILIATION OF FUNDS
Total funds brought forward 6,677,235 6,547,470

TOTAL FUNDS CARRIED FORWARD 7,629,144 6,677,235

THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Unrestricted Total
funds funds
Notes £    £   
FIXED ASSETS
Tangible assets 15 285 393
Investments
Investments 16 2,124,276 2,093,731
Investment property 17 5,331,050 4,406,050
7,455,611 6,500,174

CURRENT ASSETS
Debtors 18 6,789 9,553
Cash at bank 174,551 175,423
181,340 184,976

CREDITORS
Amounts falling due within one year 19 (7,807 ) (7,915 )

NET CURRENT ASSETS 173,533 177,061

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,629,144

6,677,235

NET ASSETS 7,629,144 6,677,235
FUNDS 21
Unrestricted funds:
General fund 3,603,094 3,576,185
Fair Value Reserve 4,026,050 3,101,050
7,629,144 6,677,235
TOTAL FUNDS 7,629,144 6,677,235

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.



THE HELEN JEAN COPE CHARITY (REGISTERED NUMBER: 06660648)

BALANCE SHEET - continued
31 DECEMBER 2024

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 6 June 2025 and were signed on its behalf by:





Mr G S Freckelton - Trustee

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. GENERAL INFORMATION

The Helen Jean Cope Charity is a private Charitable Company Limited by Guarantee registered in England and Wales. The charity's registered number is 1125937 and the Company registration number is 06660648. The registered office and principal address of the charity is 1 Woodgate, Loughborough, Leicestershire, LE11 2TY.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The financial statements cover the individual entity.

The entity constitutes a public benefit entity as defined by FRS 102.

There are no material concerns relating to going concern.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Income
To ensure compliance with the accruals concept it may be necessary to defer income into the following period.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings15% on cost

Investment property
Investment property is shown at the most recent valuation.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.


Investments
Fixed asset investments are measured at fair value if the shares are publicly traded or can otherwise be measured reliably.

The valuation of the unlisted shares is based on the charitable company's percentage shareholding of the net assets of the unlisted company which it holds shares in per the latest available accounts.

Realised and unrealised gains or losses on assets are accounted for in full within the particular fund of which the asset forms a part.

Value Added Tax
The charity is not required to register for VAT. All income and expenses include VAT where applicable.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. INVESTMENT INCOME
2024 2023
£    £   
Rents received 17,122 20,195
Income from listed investments 74,929 82,263
Income from unlisted investments 4,998 1,458
Deposit account interest 620 -
97,669 103,916

4. OTHER INCOME
2024 2023
£    £   
Bank compensation 200 -
Option agreement - 40,000
200 40,000

5. INVESTMENT MANAGEMENT COSTS
2024 2023
£    £   
Fund manager costs 14,278 13,863

6. CHARITABLE ACTIVITIES COSTS
Grant
funding of
Direct activities Support
Costs (see (see note costs (see
note 7) 8) note 9) Totals
£    £    £    £   
Charitable activities 39,657 58,000 5,642 103,299


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. DIRECT COSTS OF CHARITABLE ACTIVITIES
2024 2023
£    £   
Staff costs 10,019 9,535
Rates and water 153 118
Insurance 2,051 1,802
Light and heat 3,343 2,330
Telephone 713 891
Postage and stationery 1,614 1,288
Sundries 2,736 2,819
Rent 9,000 9,000
Repairs 6,456 481
Travel expenses 2,296 2,110
Legal and professional fees 1,168 3,797
Depreciation 108 128
39,657 34,299

8. GRANTS PAYABLE
2024 2023
£    £   
Charitable activities 58,000 60,400
The total grants paid to institutions during the year was as follows:
2024 2023
£    £   
Per note 24

58,000 60,400

Grants paid to institutions are analysed in detail in note 24. In addition the trustees have approved grants totalling £NIL (2023: £8,500) which were not paid at 31 December 2024. Grants are paid to institutions in accordance with the objects as detailed in the trustees report.


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. SUPPORT COSTS
Governance
Finance costs Totals
£    £    £   
Charitable activities 90 5,552 5,642

10. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 108 128

11. INDEPENDENT EXAMINERS' REMUNERATION
2024 2023
£    £   
Payroll and Company Secretarial Fees 1,124 760
Independent Examination and preparation of accounts 4,428 3,420

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.


Trustees' expenses

The reimbursement of trustees' expenses was as follows:

2024 2023 2024 2023
Number Number £    £   

Travel, subsistence and general
expenses

6

6


4,516


4,579
4,516 4,579


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

13. STAFF COSTS
2024 2023
£    £   
Wages and salaries 10,050 9,435
Social security costs (100 ) 100
Other pension costs 69 -
10,019 9,535

The average monthly number of employees during the year was as follows:

2024 2023
Secretarial 1 1
Trustees 6 6
7 7

No employees received emoluments in excess of £60,000.

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£   
INCOME AND ENDOWMENTS FROM

Investment income 103,916
Other income 40,000
Total 143,916

EXPENDITURE ON
Raising funds
Investment management costs 13,863
13,863

Charitable activities
Charitable activities 98,964
Total 112,827

Net gains on investments 98,676

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£   

NET INCOME 129,765


RECONCILIATION OF FUNDS
Total funds brought forward 6,547,470

TOTAL FUNDS CARRIED FORWARD 6,677,235

15. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024 4,564
Disposals (3,711 )
At 31 December 2024 853
DEPRECIATION
At 1 January 2024 4,171
Charge for year 108
Eliminated on disposal (3,711 )
At 31 December 2024 568
NET BOOK VALUE
At 31 December 2024 285
At 31 December 2023 393


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

16. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
MARKET VALUE
At 1 January 2024 1,977,402 116,329 2,093,731
Additions 186,990 - 186,990
Disposals (154,438 ) - (154,438 )
Revaluations (2,794 ) 787 (2,007 )
At 31 December 2024 2,007,160 117,116 2,124,276
NET BOOK VALUE
At 31 December 2024 2,007,160 117,116 2,124,276
At 31 December 2023 1,977,402 116,329 2,093,731

The investment assets are held:


Listed
investmen
ts



Unlisted
shares




Totals
£ £ £


In the UK

1,542,890


117,116

1,660,0
06
Outside the UK 464,270 - 464,270

2,007,160 117,116 124,276

Historical cost:

At 31 December 2024

1,797,113


29,988

1,827,1
01
At 31 December 2023 1,774,434 29,988 804,422

Cost or valuation at 31 December 2024 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2024 2,007,160 117,116 2,124,276

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

17. INVESTMENT PROPERTY
£   
FAIR VALUE
At 1 January 2024 4,406,050
Revaluation 925,000
At 31 December 2024 5,331,050
NET BOOK VALUE
At 31 December 2024 5,331,050
At 31 December 2023 4,406,050

The valuation of the investment property was based on the valuation by E A Lane & Sons at 31 December 2021, a professional Chartered Surveyor with experience in the location and class of the property.

The trustees have then considered this valuation and to the best of their knowledge believe this valuation remains appropriate, except for land off Snells Nook Lane that has now recieved planning permission. The trustees have assessed the valuation of this land to have increased by £925,000.

Some of the land falls within a local development area, and options were agreed in previous years over some of this land.

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2021 4,406,050
Valuation in 2024 925,000
5,331,050


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

18. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 232 -
Prepayments and accrued income 6,557 9,553
6,789 9,553

19. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 69 1,005
Other creditors 162 -
Accruals 7,576 6,910
7,807 7,915

20. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024 2023
£    £   
Within one year 9,000 9,000
Between one and five years 36,000 36,000
In more than five years 24,750 33,750
69,750 78,750


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

21. MOVEMENT IN FUNDS
Net
movement At
At 1.1.24 in funds 31.12.24
£    £    £   
Unrestricted funds
General fund 3,576,185 26,909 3,603,094
Fair Value Reserve 3,101,050 925,000 4,026,050
6,677,235 951,909 7,629,144
TOTAL FUNDS 6,677,235 951,909 7,629,144

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 97,869 (117,577 ) 46,617 26,909
Fair Value Reserve - - 925,000 925,000
97,869 (117,577 ) 971,617 951,909
TOTAL FUNDS 97,869 (117,577 ) 971,617 951,909


Comparatives for movement in funds

Net
movement At
At 1.1.23 in funds 31.12.23
£    £    £   
Unrestricted funds
General fund 3,446,420 129,765 3,576,185
Fair Value Reserve 3,101,050 - 3,101,050
6,547,470 129,765 6,677,235
TOTAL FUNDS 6,547,470 129,765 6,677,235

THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

21. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 143,916 (112,827 ) 98,676 129,765

TOTAL FUNDS 143,916 (112,827 ) 98,676 129,765

22. RELATED PARTY DISCLOSURES

During the year £9,000 (2023: £9,000) was paid by the charity to rent their offices, which are part owned by Mr G Freckelton, a trustee of the charity.

Included within debtors is £NIL (2023: £2,250) in respect of rent prepaid in respect of the above.

23. FINANCIAL INSTRUMENTS

The carrying amount of the charity's financial instruments are as follows:



2024

2023
£ £
Financial assets at fair value through income and expenditure
Listed investments 2,007,160 1,977,402
Unlisted investments 117,116 116,329


The incomes, expenses, net gains and net losses attributable to the charity's financial instruments are summarised as follows:

2024 2023
£    £   
Net gains and losses (including changes in fair value)

Financial assets measured at fair value through net
income/expenditure

30,545

89,836



THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

23. FINANCIAL INSTRUMENTS - continued

The total dividend income from financial assets that are measured at fair value through the income statement was £79,927 (2023 - £83,721).


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

24. GRANTS TO INSTITUTIONS


Registration No.

Name of Charity
Amou
nt
£
513745 Ashby-de-la-Zouch Museum 1,000
1084189 Blesma 1,000
206227 Blind Veterans UK 1,500
1060827 Charnwood Christmas Toy Appeal 3,000
510785 Derby Kid's Camp 1,000
1057941 Dove Cottage Day Hospice 2,000
1077424 Emmanuel House - Nottingham Winter Shelter 1,000
1125402 Exaireo 2,000
1150132 Frozen Light 1,000
521730 Girl Guiding 1st Hinckley St Mary's 1,000
1010943 Happy Days 1,000
Holy Trinity Church Normanton Le Heath 1,000
1011325 Lennox Childrens Cancer Fund 1,000
1049103 Living Painting 500
270700 Menphys 1,500
1087410 Nottinghamshire Club for Young People 1,500
1171623 Nottinghamshire Historic Churches Trust 1,000
1040756 Places 2 Be 1,000
802440 React 1,000
1015988 Royal Voluntary Service 1,000
Shepshed Cricket Club 3,000
1039294 Shepshed Glenmore Centre - Christmas Lunch 750
291046 Sinfonia Viva 1,000
1136223 Snap Youth 1,000
St John the Evangelist Donisthorpe 1,000
St Mary Magdalene Church 1,000
St Michael and All Angel Church Croft 1,000
1128980 STUBS 1,000
567460 Tall Ships Youth Trust 1,000
1062559 Teenage Cancer Trust 1,000
1157806 The ARC Community Hub 4,000
262191 The Lullaby Trust 750
1144022 Together for Short Lives 1,000
1141274 Voluntary Action South Leicestershire 1,000
1152488 Wainman Trust 1,000
802872 Whizz-Kidz 2,000
1168667 Wollaton Park Community Association 1,000
1107328 Young Lives vs Cancer 1,000
1151453 Young Leicestershire 1,000


THE HELEN JEAN COPE CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

24. GRANTS TO INSTITUTIONS - continued


Grants approved in 2023 but not paid at 31 December
2023:
Sc024414 Maggies 1,000
1148855 Muscular Dystrophy Support Centre 1,500
St James The Greater Oaks in Charnwood 5,000
1150203 Umbrella 1,000
58,00