RIBBY-WThH-WREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2024 CHARITY NUMBER: 1102322
RIBBY-WITH-WREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION CONTENTS Page No Trusteeg Rewrt Independent Examinevs Ret#Nt General Fund Recelpts And Payments gjmmary General Fund Recelpts General Fund Payments ststement Of Assets And Llabllltles
RIBBY-wrrH-WREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31sr OCTOBER 2024 Address t)ubside, Wrea Green, Pr&ton. Lancashke, PR4 2WQ Governlng Document Tnst dee dated 21st January 2003. Objects of the charlty ProvisiLM of Items, services and faolities ft)r the school. Specific investment powers Sthwl must te retalned for use as a voluntary sthool within the meanlng or the EdLthtion Acts. No specific irwe5trnent tmmers for other assets. Trustees J. Cara P,Chew J. S. Eastham M.D. Hargwves C.E.Holden R. Milkr M, J. Roberts D. A. W3rbrld( P. J. Warelng Twsurer Chalm Trustee selectlon method en a vacancy arbes, the tNstees dlsOJSS Ptr9Jns they feel mlght be sultable trustees. Charlty's actlvltles and achlevements durlng the year The charlty ccmtlnues: to malntaln the exierlor of ihe schtsjl bulldlngs In a gc(rfi stste of repalr. 2 to erUre that the schfX)I bulldIn are fulty covered for Insurance. to make a grant to Lancashire County Councll to enable the govemors of U)e schcol to employ addltk)nal tralnlng staff. to provlde other Items serv*es fadllties to the sth(x)l. Re$eNes As at 31st Cttober 2024 net cumuktlve receipts were £28,470 (2023 £16,802) and ojmulatlve reswves were £256,688 (2023 £245,020). Investments $electlon pollcy The Tnjstees consldw that the mlx. l ohj hlxse and famland - let comrnerdalty 2 eoulty based Investments (largety in Charltles Investment FuThJ wlth 9))J k)ng term perfomwKe) 3 fixed term deposits glve a 5atisfthy Spad wlth capltsl growth and rea5(able Inco. Ap the Trustees on 25, November 2024 and slgned on thelr behalf bv: J.S. Ea$tham Tnjstee R. Mlllar Trustee
R1BBY-TH-wREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF REBBY-WITH-WREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION I report on the accounts of Ribby-W1th-W ENk)wed Chwch rf England sd Fatt for the year ended 31st October 2024 which are set out on pages 3- 6. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMZNER The charitys Iru5tee5 are responsible for the preparation of the acccNJnts. The charity's trustees a)n%der that an audlt Is not required for thls year under section 144 of Charities Act 2011 (the Charities Act) and that an IndepeTrJent examlnation15 needed, It Is my responsibillty to examine the accounts under sectIC 145 of the CharlYes Art, to follow the predureS lald (knm In the general dlrecUons glNen by the Charlty Commlsslon (under sectlon 145(5)(b) of the atIeS Act) , and to state whether partlcular matters have come to my attenuon. BASXS OF INDEPENDENT EXAMINER'S STATEMENT My examlnallon wa5 carrled out In accordan wlih general dIrtIOnS glven by the Charity COMMIon. An examlnaUon Includes a revlew of the accountlng recor(ts kept by the charity and a comparfson of the accounts pseTrted th those record5. It also Includes consideratlon of any unusual Items or dIsclosu5 in the accounts, and seeklng explanatlons from the trustees concernlng any such matters. The procedures undertaken do not prowde all the eVIden that would reoulred in an audit, and conseouenuy no audlt oplnlon Is glven as to whether the accounts present a 'true a1 falr" vlew and the report Is Ilmlted to those matters set out In the statement lOw. INDEPENDENT EXAMINER'S STATEMENT In connectlon wlth my examlnatlon, no matter has come to my attentlon . whlch glves me reasonable catjse to bdleve ihat In, ary materlal resrect, the requlrements . . to keep accountlng rttds In CordanCe wlih sectlon 130 of the Charltles Act . . to prepare accounts whlch accord wilh the acCounng recorts atKI comply wlth the ntIng requlrements of the Charitie5 Act have rt been met ' or to whlch, In my oplnion attentlon should te (kawn In to enab a WOFer urnlerstandlng of the accounts to te reached. []lilJlTvJ a,:,)4 L,mV Davld Costa FCA Latham Costa Llmlted Chartered Accountsnts 6 Barnfield Blackstor¢e Edge Old Road Lltllebomugh Loncashire OL15 OJL '26th November 2024
RIBBY-WITH-WREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION GENERAL FUND- RECEIPTS AND PAYMENTS SUMMARY FOR THE YEAR ENDED 31ST ocfoBER 2024 20 2023 BALAP4CE AT Isr NOVEMBER 62,715 81,141 Recelpts Payments 48,656 40,121 11,668 (18,426) BALANCE AT 31ST ocfoBER
RIBBY-WITH-WREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION GENERAL FUND- RECEIPTS FOR THE YEAR ENDED 31ST ooBER 2024 INVESTMENT INCOME Rents Land - Grazlng LInCeS School House 9,750 3,250 18,(KlO 10,400 Dlvidends And Interest COIF Charities Investment Fund HL Vantage Fund And Share Account 20,658 20,500 26,310 25,970 Bank And Bullding So¢lety Interest Yoikshlre Building Soclety Nat West 589 281 589 281 44,899 36,651 Relnvested Dlvldends JPM UK Strategic Equlty Income Fund 3,757 3,470
RIBBY-WITH-WREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION GENERAL FUND- PAYMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024 2024 202 PAYMENTS FOR GENERATING FUNDS Land Expenses Insurance Agent's Commlsslon Repairs other Payments 309 827 2,520 309 294 3,656 603 School House Expenses Insurance Agent's Commlsslon Repalrs other Payments 714 997 502 645 792 1,399 3,439 CHARITABLE PAYMENTS Grants Pald - School Teachlng Costs 25,000 50,000 MANAGEMENT AND ADMINISTRATION Donations Accountancy Fee5 School Trlps Etc Trustees Indemnlty Insuran Postage 153 750 675 773 li 153 750 735 33,231 55,077 Relnvested Dlvldends JPM UK Strateglc Equity Income Fund 3,757 3,470
RIBBY-WITH-WREA ENDOWED CHURCH OF ENGLAND SCHOOL FOUNDATION STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST OCTOBER 2024 2024 ENDOWMENT GENERAL FUND FUND 2023 ENDOWMENTGENERAL FUND FUND TOTAL TOTAL CASH FUNDS Bank Balances Yorkshire Buildlng Soclety Nat West Bank Current Account 17,908 56.475 17.908 56,475 17,319 45.396 17,319 45,396 INVESTMENT ASSETS Farm Land (Not Valued) Old School House (Not Valued) Inve$tments (Market Value At Year End) COIF Charities Inveslmenl Fund 660,684 HL Vantage Fund And Share Account JPM UK Strateglc Equbty Income Fund 96,854 1410,536 757.538 140,536 104,805 595,015 87,227 121,976 682,242 121,976 86,456 104,805 86.456 765 489 237 390 1002 879 681471 209 203 890 674 ASSETS RETAINED FOR THE CHARITY'S OWN USE Rlbby-with-wrea Endowed Church Of EThJland Prlrnary School {Not Valued) TOTAL 765 489 311773 1077 262 681471 271918 953 389 Approve the tees on 25th November 2024 and slgned on thelr behalf by: J.S. Eastham Trustee R. Mlllar Trustee