Company registratlon number: 09978248
Charlty registration number. 1168392
St Peter's Formby Educational Trust 2015
(A company limited by guarantee)
Annual Report and Financial Ststements
forthe Year Ended 31 December 2024
HUGHE5
HARTERED ACCOUNTANTS

St Peter's Formby Educational Trust 2015
Contents
Reference and Administrattve Details
Trustees, Report
2to5
Independent Examiner's Report
ststement of Financial Actlvitles
Balance Sheet
Notes to the Financial Ststements
9t018

St Peter's Formby Educational Trust 2015
Reference and Administrative Details
.Trustees
Reverend Anne Taylor
Mrs Sarah Ellzabeth Howard Gorman
Mrs Glllian Mary Holroyd
Mrs Wendy Thorp@
Secretsry
Treasurer
Mrs Shirley Potter
Reg]stered Offlce
St Petels Vlcarage cricket Path
Formby
Llverpool
Merseyside
L37 7DP
The charity is incorporated In England and Wales.
Company RegTstratlon Number
09978248
Charlty ReOstratlon Number
1168392
Sollcltors
Brabners
Horton House
Exchange Flags
Llverpool
L2 3YL
Independent Examlner
Mr john Martln Hughes Bsc FCA
Herlot Hughes Chartered Accountsnts
42 Crosby Road North
Crosby
Mersey5ide
L22, 4QQ
Page I

St Peter's Formby Educational Trust 2015
Trustees, Report
The trustees, who are dirertors for the purposes of company law. present the annual report together with
the financial statements of the charltable company for the year ended 31 December 2024.
Objectives and actlvltles
Publlc beneflt
The objectlves of the charlty which are undertaken for public benefft are:
L To advance education by the provlslon of items, seNlces and faclllties for Trinity St Petevs Church of
England {Aided) primary School, (the school).
2. To advance education by the provision of items, services and facllities for any school substantlally
servlng Formby.
3. To advance the educatlon of persons in Formby who are in need of financlal asslstance and who are:
l. persons who are attendlng Trlnlty St Peter's Church of England (Alded) Prfmary School, or
11. persons who have at anytlme attended the School or;
iii. persons under the age of 25
4. The provlslon of facllltles In the Interest of social welfare for the recreation for persons under the age of
25 resldent in Formby who have need of such facilities by reason of thelr age wlth the object of Improvlng
thelr conditions of Ilfe.
The trustee5 conflrm that they have complled with the requirements of section 17 of the Charitles Act
2011 to have due regard to the public benefrt guidance publlshed by the Charity Commlsslon for England
and Wales.
Grant maklng pollcies
Each year the trustees Invlte schools and other eiiglble groups In Formby to apply for grant asslstsnce to
support any speclal projects that would otherwlse not be met from the Local Educatlon Authorlty. The
trustees meet to consider the merits of each application 8nd make grants to such applicants as fulfll the
trustees, crlterfa.
Achievements and perfomiance
The charfty was able to asslst Trlnlty St Peterfs and Woodlands Primary School In Formby, the Formby Scout
Group and a local football team. Grants were also made to indlviduals golngto uganda with the team from
St Peter's which ha5 Ilnks to St Peter's church and school in Kalule.
Financial review
The charlty's Income for the year amounted to £50,730 12023: £49,110) and expenditure amount to
£27,525 {2023: £30,834). This increased the unrestricted fund by £23,205 {2023: £18,276). The
balance on the unrestricted funds at the balance sheet date amounted to £164,28112023: £141,076}.
The balance on the endowment fund at the balance sheet date amounted to £1,275,063 {2023'
£L256,937).
Page 2

St Peter's Formby Educational Trust 2015
Trustees, Report
Pollcy on reserves
The charity has reviewed its pollcy on reserves. The reserves pollcy is to ensure that the charty has
sufficient funds in reserve to manage its operations smoothly during periods of unexpected fluctuations In
income or increased expenditure. These reseNes wlll provide a buffer to enable the Charity to continue to
meet Its charitable objectives wlthout compromising its finanGial stablllty. The charlty alms to maintsin
re5eNes of between 3 to 6 months, worth of operating costs.
Investment pollcy and objectlves
The trustees have contlnued to malntsln the policy 8dopted in the old trust of 5nvestment In CBF Church of
England Investment Fund. Thls fund Is speciflcally designed to generate long term capital and Income
growth and Is Invested mainly In equltles with a wide diversificatlon of good quality holdlngs in both the UK
and overseas. Funds are also invested In a Deposit Fund designed to provlde easy access If required for
trust purposes.
Structure, governance and management
Nature of govemlng document
The charlty Is a company Ilmlted by guarantee incorporated on 31 January 2016 and registered 88 8
charlty on 22 July 2016. The company was establlshed under a Memorandum of Association whlch
estsblished the objects and powers of the charity and Is governed under Its Articles of Assoclatlon.
The trustees, who are also the dlrectors for the purpose of the company law, and who served durlng the
year end up to the date of signature of the flnanclal statements were:
Rev Anne Taylor
Mrs Sarah Ellzabeth Howard Gorman
Mrs Gllllan Mary Holroyd
M8Jor rlsks and management of those rlsks
The trustees have accessed the major rlsks to whlch the charty is exposed, and are satlsfled that systems
are in place to mltigate exposure to the major rlsks.
Page 3

St Peter's Formby Educational Trust 2015
Trustees, Report
Financial instruments
Objeotlves and pollcles
The charity's activities expose it to a number of financlal risks including credit risk, cash flow rSsk and
liquidity rlsk. The use of financial derivatives is governed by the charlty's policies approved by the board of
trustees, which provide written prlnclples on the use of financial derivatives to manage these risks. The
charity does not use derivative financial instruments for speculative purposes.
Credit rfsk
The charity's principal financial assets are bank balances, cash, and investments. The charlty has no
significant concentration of credit risk, with exposure spread over a large number of counterparties and
customers.
Llquidity risk
In order to maintsin liquidity to ensure that SLrfficient funds are available for ongoing operations and future
developments, the charity uses a mixture of long-term and short-term debtfinance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial
ststements.
Statement of Tntstees, Responsibilities
The trustees (who are also the directors of St Peter's Formby Educational Trust 2015 for the purposes of
company lawl are responsible for preparing the trustees, report and the financi81 statements in accordance
with the Unrted Kingdom Accounting standards (United Kingdom Generally Accepted Accounting Practice)
and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company
law the trustees must not approve the financial statements unless they are satisfied that they give a tnje
and fair view of the state of affairs of the charitable company and of its incoming resources and application
of resources. including its income and expenditure, for that period. In preparingthese financial statements.
the trustees are required to:
select suttable accounting policies and apply them consistently,.
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent"
state whether applicable UK Accounting standards have been followed, subject to any materfal
departures disclosed and explained in the financial statements. and
prepare the financial st2tements on the going concern basis unless it is Inappropriate to presume that
the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable company's transactions and disclose with reasonable accuracy at any time the
financial posttion of the charfcable company and enable them to ensure that the financlal statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for tsking reasonable steps for the preventlon and detection of fraud and
other irregularities.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act
2006.
Page 4

St Peter's Formby Educational Trust 2015
Trustees, Report
The annu81 report was approved bythe trustees of the charlty on 16 May 2025 and signed on its behalf by:
Reve
ndA
Trustee
Taylor
Page 5

St Peter's Formby Educational Trust 2015
Independent Examiner's Report to the trustees of St Peter's Formby Educational Trust
2015 ('*he Company")
I report to the charity trustees on my examinatlon of the accounts of the Company for the year ended 31
December 2024.
Responslbllltles and basis of report
As the charity's trustees of the Company land also Its dlrectors for the purposes of company lawl you are
responsible for the preparatlon of the accounts in accordance with the requirements of the Companles Act
20061'the 2006 Act,).
Having satisfied Tnyself that the accounts of St Peter's Formby Educatlonal Trust 2015 are not requlred to
be audlted under Part 16 of the 2006 Act and are eligible for Independent examlnatlon, I report In respect
of my examSnatlon of your charity's accounts as carried out under section 145 of the Charltles Act 2011
I'the 2011 Act,). In carrylng out my examination I have followed the Directions given by the Chartty
Commisslon under section 14515llb} of the 2011 Act.
Independent examlner's statement
I have completed my examination. I confirm that no matters have come to my attentlon In connection with
the examlnatlon giving me causè to believe..
l. accountlng records were not kept in respect of St Peter's Formby Educational Trust 2015 as required
by sectlon 386 of the 2006 Act; or
2. the accounts do not accord wlth those records,. or
3. the accounts do not comply wlth the accounting requirements of sectlon 396 of the 2006 Act other
than any requirement that the 8ccounts give a 'true and falr vlew, whlch Is not 8 matter consldered as
part of an Independent examination; or
4. the accounts have not been prepared In accordance with the methods and prlnclples of the
Statement of Recommended Practice for accounting and reportlng by charitles lapplicable to
charltles preparlng thelr accounts In accordance with the Flnanclal Reporting standard applicable In
the UK and Republic of Ireland {FRS 10211.
I have no concerns and have come across no other matters in connection wlth the examination to which
attention should be drawn In this report In order to enable a proper understanding of the accounts to be
reached.
Mrjohn Hughg*88
Heriot Hughes Chartered Accountants
42 Crosby Road North
Crosby
Merseyside
L22 4QQ
16 May 2025
Page 6

St Peter's Formby Educational Trust 2015
Statement of Financial Activities for the Year Ended 31 December 2024
(Including Income aiid Expenditure Account and Statement of Totsl Recognised Gains
and Losses)
Total
2024
Total
2023
Unrestrlcted
Endowment
Note
Income and Endowments from.
Charltable activities
Investment income
13,175
13,175
37,555
13,619
Totsl Income
Expenditure on:
Charitsble actlvltles
27,525
Tota5 Expenditure
Gains/(losses) on Investment
assets
127,525)
(27,525)
(30,834)
18,126
68,644
Net Income
Net movement In funds
23,205
18,126
41,331
86,920
Reconclliation of funds
Total funds brought forward
141076
1256 937
1398 013
1311093
Total fund5 carried fotward
15
164 281
1,275,063
1439 344
1,398 013
Total
2023
Unrestrfctsd
Endowment
Note
Income and Endowments from:
Charftable activitles
Investment income
13,619
13,619
35,491
Total Income
Expenditure on:
Charltable activitles
Total Expenditure
Galns/(lossesJ on Investment assets
(30.834)
{30.834)
Net income
68,644
Net movement In funds
18,276
68,644
86,920
Reconcillatlon of funds
Totsl funds brought forward
122,800
1,188,293
1311093
Total funds carrled fO￿ard
15
141076
1256 937
1398,013
All of the charlvs actlvtties derive from contlnulng operatlons durlng the above two perlods.
The funds breakdown for 2024 and 2023 are shown in note 15.
The notes on pages 9 to 18 form an integral part of these financial ststements.
Page 7

St Peter's Formby Educational Trust 2015
(Registration number: 09978248)
Balance Sheet as at 31 D.ecember 2024
2024
2023
Note
Fixed assets
Investment properties
Investments
10
li
465,000
810.063
465,000
791.937
1275,063
1.256.937
Current assets
Debtors
Cash at bank and in hand
322
170.345
315
145.324
13
170.667
145,639
Creditors: Amounts falling due within one year
14
6,3861
4,563
Net current assets
164.281
141,076
Net assets
1,439.344
1.398.013
Funds of the charity:
Endowment
1.275.063
1,256,937
Unrestricted income funds
Unrestricted
164.281
141,076
Totsl funds
15
1.439.344
1.398,013
For the financial year ending 31 December 2024 the charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relatingto small companies.
Directors, responsibilities:
The members have not required the charityto obtain an audlt of its accounts for the year in question in
accordance with section 476; and
The directors acknowledge their responsibilities for complying wtth the requirements of the Act with
respect to accounting records and the preparation of accounts.
The financial statements on pages 7 to 18 were approved by the trustees, and authorised for issue on 16
May 2025 and signed on their behalf by:
Reverend
Trustee
Taylor
The notes on pages 9 to 18 form an integral part of these financial statements.
Page 8

St Peter's Formby Educational Trust 2015
Notes to the Flnancial Ststements for the Year Ended 31 December 2024
I Charity status
'The charity is limited by guarantee, Incorporated in England and Wales, and consequently does not have
share capitsl. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets
of the charlty In the event of liquidation.
The address of Its registered office is:
St Peter's Vlcarage Cricket Path
Formby
Llverpool
Merseyslde
L37 7DP
These flnanclal ststements were authorised for Issue by the trustees on 16 May 2025.
2 Accountlng pollcles
Summary of signlflcant accounting policles and key accountlng estlmates
The prlnclpal accountlng policies applied In the preparatlon of these flnancial ststements are set out
below. These pollcSes have been consistently applied to all the years presented, unless otherwise stated.
ststement of compliance
The financial statements have been prepared In accordance wlth Accountlng and Reportlng by Charltles:
ststement of Recommended Practlce (applicable to charities preparing their accounts In accordance with
the Financlal Reporting Stsndard appllcable In the UK and Republlc of Ireland IFRS 1021} (issued In
October 2019) - Icharltles SORP IFRS 102)}, the Financial Reportlng Stsndard appllcable In the UK and
Republlc of Ireland IFRS 102) and the Companies Act 2006.
Basls of preparatlon
St Peter's Formby Educational Trust 2015 meets the definition of a public benefft entlty under FRS 102.
Assets and li8bllltles are Inltlally recognised at hlstorlcal cost or transactlon value unless otherwlse ststed
In the relevant accountlng pollcy notes.
Going concern
The trustees conslder that there are no materlal uncertalntles about the chartty's ability to continue as a
golng concern nor any significant areas of uncertalnty that affect the carrying value of assets held by the
charlty.
Fxemption from preparlng a cash flow statement
The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included
a cash flow statement in these financial statements.
Page 9

St Peter's Formby Educational Trust 2015
Notes to the Financial Statements for the Year Ended 31 December 2024
Income and endowments
Income is recognised when the charlty Is legally entitled to it after any performance conditions have been
met. the amounts can be measured reliably. and It15 probable that income will be received.
Donations are recognised on recelpt. Other donations are recognised once the charlty has been notified of
the donatSon, unless performan¢e condltlons require deferral of the amount. Income tax recoverable In
relatlon to donat5ons received under Gitt Ald or deeds of covenant is recognised at the time of the
donatlon.
Income from Investments, Includlng Interest recelved, Is Included when recelvable, Income from the
endowment Is credlted to the unrestricted fund.
Assets given for use bythe charlty are recogn158d when receiwdble as donation&
Investment Income
Dividends are recognised once the dlvldend has been declared and notlflcatlon has been recelved of the
dlvldend due.
Charltable funds
Unrestrlcted funds are 8vallable for use at the discretion of the trustees In furtherance of thelr charltsble
obJectSves unless the funds have been designated for other purposes.
Endowment funds exlst where there is a capital fund with no power to convert the capltal Into Income. The.
freehold 18nd and bulldlngs included in tangible fixed assets and in Investment propertles are hlstorlc,
Inallenable and form part of a permanent.endowment whlch means that they cannot be sold but must be
held In perpetulty.
Expendlture
All expenditure is recognised once there Is a legal or constructlve obligation to that expendlture, It Is
probable settlement is required 8nd the amount can be measured reliably. All costs are allocated to.the
applicable expendlture headlng that aggregate simllar costs to that category. Where costs cannot be
dlrectly attributed to particular headings they have been allocated on a basis conslstent wlth the use of
resources, wlth central staff costs allocated on the basls of tlme spent, and depreciation charges allocated
on the portlon of the asset's use. Other support costs are allocated based on the spread of staff costs.
Taxatlon
The charity ts consldered to pass the tests set out in Paragraph I Schedule 6 of the Flnance Act 2010 and
therefore It meets the definition of a charitable company for UK corporatlon tax purposes. Accordingly, the
charlty is potsntially exempt from taxatlon In respect of income or capital gains received within categories
covered by Chapter 3 Part 11 of the Corporatlon Tax Act 2010 or Section 256 of the Taxatlon of
Chargeable Gains Act 1992, to the extent that such Income or gain5 are applied exclusively to charltsble
purposes.
Page 10

St Peterfs Formby Educational Trust 2015
Notes to the Financial Ststements for the Year Ended 31 December 2024
Investrnent properties
Investment property comprlses the School Cottage, 15"Paradlse Lane and St Petevs Parish Hall. The fair
value of the investment propety has been arrived at on the basis of a valuatlon carrled out on 28 February
2022 by Ewe Move Sales and Lettlngs and 23 December 2021 by The Wallis Company Chartered
Surveyors. The valuation was made on an open market value basi5 for similar. properties. The trustees
belleve that thls valuatlon represents the current falr value of the propertles at the balance sheet date.
Investment propety donated to the charity has been measured Inltlally at falr value based on a prevlous
valuation. Subsequently It Is measured at falr value at the reporting end d8te. The surplus or deficlt on
revaluation is recognised in ststement of financial actlvltles.
Fixed asset Investments
Fixed asset investments, other than programme related investments, are included at market value at the
balance Sheet date. Reallsed galns and losses on investments are calculated a5 the dlfference between
sales proceeds and their market value atthe start of the year, or their subsequent cost, and are charged or
credfied to the Ststement of Flnanclal Actlvltles In the period of dlspos81.
Unreallsed galn5 and losses represent the movement In market values durlng the year and 8re credlted or
charged to the Ststement of Flnancial Activities based on the market value at the year end.
Cash and cash equlvalents
Cash'and cash equivalents compr15e cash on hand and call deposlts, and other short-term highly Ilquld
Investments that are readlly convertlble to a known amount of cash and are subject to an insignlflcant rlsk
of change in value.
Flnanc]al Instruments
Flnancial assets and financial liabilitles are recognlsed when the charity becomes a party to the contractual
provisions of the instrument.
Flnancial liablllties and equity instruments are classified accordlng to the substsnce of the contractual
arrangements entered Into. An equtty instrument Is any contract that evidences a residual interest in the
assets of the charlty after deductlng all of its Ilabllltles.
Page 11

St Peter's Formby Educational Trust 2015
Notes to the Financial Statements for the Year Ended 31 December 2024
Baslc flnanclal assets
All financlal assets and liabilities are initially measured at transactlon price Ilncluding transaction costs).
except for those financial assets classified as at fair value through profit or loss, which are initially
measured at fair value (which is normally the transaction pri￿ excluding transaction costs), unless the
arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the
financlal asset orfinancial liability Is measured at the present value of the future payments dlscounted at a
market rate of interest for a slmllar debt instrument.
Flnancial assets and Ilabillties are only offset in the statement of flnanoial p<)sition when, and only when
there exlsts a legally enforceable right to set off the recognised amounts and the charity intends elther to
settle on a net basls, orto realise the asset and settle the liabillty slmultsneously.
Flnanclal assets are derecognised when and only when al the contractual rights to the cash flows from the
financial asset explre or are settled. bl the charlty transfers to another party Substantially all of the risks
and rewards of ownership of the flnanclal asset. or c) the charity, despite havlng retained some, but not all,
significant rlsks and rewards of ownership, has transferred control of the asset to another party.
Financial Ilabilities are derecognlsed only when the obiigatlon specified In the contract Is discharged,
cancelled or explres.
Baslo flnanclal Ilabllltles
Baslc financial liabilities, includlng credltors and bank loans are initially recognlsed at trans8Ctlon prSce
unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the
present value of the future payments dlscounted at a market rate of InteresL Financl81 Ilabilities classified
as payable withln one year are not amortlsed.
Debt Instruments are subsequently carried at amortlsed cosL uslng the effective interest rate method.
Trade creditors are obligations to pay for goods or servlces that have been acqulred in the ordlnary course
of operatlons from suppllers. Amounts payable are classlfled as current Ilabllltles If payment is due within
one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognlsed initlally
at transaction price and subsequently measured at amortised cost using the effectlve interest method.
De-recognltlon of flnanclal Ilablllties
Financial Ilabllltles are dere¢ognised when the charlty's contractual obligations explre or are discharged or
cancelled.
Page 12

St Peter's Formby Educational Trust 2015
Notes to the Financial Statements for the Year Ended 31 December 2024
3 Income from charitsble activities
Unrestrlcted
funds
General
Total
2024
Church Hall lettlngs and Il¢ence fee
13,175
13,175
Unrestricted
funds
General
Totsl
2023
Church Hall lettings and licence fee
13,619
13,619
4 Investment income
Unrestricted
funds
General
Total
funds
Interest receivable and slmilar income;
Interest recelvable on bank deposits
Other Income from fixed asset investments
Income from rents
3,572
21,983
12,000
3,572
21,983
Totsl for 2024
37,555
37,555
Total for 2023
35,491
5 Expenditure on charltable activltles
Unrestrlcted
funds
General
Total
funds
Premises Costs
Grant funding of activities
Governance costs
18,019
7,749
18.019 1
7,749
Totsl for 2024
27,525
27,525
Totsl for 2023
30.834
Page 13

St Peter's Formby Educational Trust 2015
Notes to the Financial Statements for the Year Ended 31 December 2024
6 Analysts of governance and support costs
Governan￿ costs
Unrestricted
Total
2024
Total
2023
General
Independent examination fees
Examinatlon of the flnanclal statements
Legal fees
Other governance costs
1,270
426
61
1,270
426
61
1,210
72
90
1,757
7 Grant-maklng
Analysis of grants
Grants to Instltutions
2024
2023
Grants to Individuals
2024
2023
Analysis
Woodlands Primary School
9th Formby Scout Group
Sefton MBC-TSP Music
TSP Music grant
St Peter's little fishes group
uganda trip
Trinity St Peterfs Primary School
Indlvldual grants
1st Fomiby Brownies
Juniorfootball team
5th Formby Scouts Group
1,900
1,213
900
3.537
4,902
141
120
3,089
1.040
990
700
680
300
300
600
11,983
700
680
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have recelved any remuneration from the charity during
the year.
9 Staff costs
There were no employees during the year {2023 . none).
Page 14

St Peter's Formby Educational Trust 2015
Notes to the Financial Statements for the Year Ended 31 December 2024
10 Investment property
Investment
property
Total
Fair value
At lJanuary 2024
465,000 465,000
At 31 December 2024
465.000 465.000
Carrying amount
At 31 December 2024
465,000 465,000
At 31 December2023
465,000 465.000
Page 15

St Peter's Formby Educational Trust 2015
Notes to the Financial Ststements for the Year Ended 31 December 2024
11 Fixed asset investments
Listed investments
Listed
investments
Total
Cost or Valuation
At lJanuary 2024
Revaluation of investments
791.937
18.126
791.937
18.126
At 31 December 2024
810.063
810.063
Carrying amount
At 31 December 2024
810,063
810,063
At l January 2023
791,937
791,937
12 Debtors
2024
2023
Prepayments
322
315
13 Cash and cash equivalents
2024
2023
Cash at bank
170.345
145.324
14 Creditors: amounts falling due within one year
2024
2023
Other creditors
Accruals
5,116
4.563
6,386
4,563
Page 16

St Peter's Formby Educational .Trust 2015
Notes to the Financial Statements for the Year Ended 31 December 2024
15 Funds
Balance at
31
December
2024
Balance at
lJanuary
2024
Other
Resources
recognised
expended galns/(losses)
Incomlng
resources
Unrestrictsd funds
General.
141,07_6
50,730
{27,525}
164,281
Endowment funds
Permanent
1256 937
1275 063
Totsl funds
.1398 013
50 730
18,126
1.439 344
Balance at
31
Decembar
2023
Balance at
l January
2023
Other
Resources
recognlsed
expended galns/(losses)
Incoming
resources
Unrestrictsd funds
General
122,800
49,110
(30.834}
141.076
Endowment funds
Permanent
1188 293
1,256 937
Totsl funds
1,311093 49 110
1,398 013
16 Analysls of net assets between funds
Unrestricted
funds
General
Endowment
funds
Permanent
Total funds at
31 December
2024
Herttage assets
Flxed asset Investments
Current assets
Current liabilltles
465,000
810,063
465,000
810,063
170,667
6,386
170,667
Totsl net assets
164,281
1275 063
1439,344
Page 17

St Peter's Formby Educational Trust 2015
Notes to the Financial Statements for the Year Ended 31 December 2024
Unrestricted
funds
General
Endowment
funds
Permanent
Totsl funds at
31 December
2023
Heritage assets
Fixed asset investments
Current assets
Current liabilities
465,000
791,937
465,000 .
791,937
145,639
4,563
145,639
Total net assets
141076
1256 937
1398 013
17 Related party transactlons
.There were no related party transactlons In the year.
The trustees are also the key management of the charlty.
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