REGISTERKD COMPANY NUMBER: IJ120LMI18 W•lul RECISTERED CHARITY NUMBER: 2077x1 Report of theTrust •nd Audited FITr¢101 for the Ymr Elld¢d 31 Aiyrt 2025 West Klrby Edu¢•tknMI Tr*¥t
West Klrby EdKutloDal Trwjt Cont¢nts of the FIn4ntI St8t¢mtDts for the Y¢r Ended 31 A•gust 2025 R¢portof the Trustttj Rtport of the Independent Audltoys 8 10 11 stst¢DKnt of FknaKial Atthld¢s 12 BAl4nc¢ Sheet 13 Csb Flow StAfement 14 to the C#5h Flow Stst¢m¢ut 15 Not¢s ¢0 the FknaMtl*l Ststw¢4ts 16 to 31 DlkI Ststethellt of Fi¢1 A¢llvltl¢$ 32 to 33
West Kirby Edutltiottil TTU5t (Registertd ttumhr.. }2IX¥jI8) Report of the Trusttts for the Ytar Ended 31 Augts$t 2025 The Iruste¢s who ar¢ also dire¢tOT5 of the charity for th¢ purpo5 of Ehe Companits Act 2006, present their repJrt with the tinancial siat¢tnents of the charity foi. the year ended 31 August 2025. The Iruslees havc adopied thc provisions of Accounting atKi Reportin8 by Charities.. Statement of Recommend Practice applicable lo charities prtparing IheTr accounts in accordance with thc Financi Reporting Standard appli¢4bl¢ in the UK and Republic uf Ireland IFRS 1021 l¢ff¢ctive I January 20191. OWEcfivES AND ACTIVITIES Publit b¢ncfit The Trustees hawc carefully considered the Charity Commi55ion'5 general guiddnce on public benefit and in particular it5 supplemeniary public benefit Euidanu on advancing education and on fee-charging. Th¢ Tru51¢¢s consider IhaL the bchool meet5 the'Publi¢ Benefjt, requirement through the advancemeni of education, which provid¢s knefit to boih pupils and the wider community, aod that there are no unreasonable restriciiotts on participation. CommunSty Support '5'ht majority of staff ITL the TTUSt are Sar1ed. A number of volwiteers attend giving voluntary servire to th¢ Charity &nd 11$ schools durin8 tertn titnt, this include (but are not limited tol Irusiees dnd governors. The Charity would like to take this OprtUnIty ro say h¢M much theii. continued, yYed and valuable support for our pupils is arvreciaied. Staff al the schLN)Is are extr¢rntly grdieful io all those who Eive their time voluniarily in supw>rtÈng thc children and young people., not least of those are the trumees and govemor5. The obje¢tives of ihe Charity are the educaiion and care of ¢hildren with compl¢x special necds and disabilities (SENDI. who are Cognid by their Lo¢al Education Authority as having a diagnosis of lezrningt Sla1. emotional. mental htalth and lor behaviourd ch&llenges. In order to mcet those objectives: the TA1¢¢5 Sel out Visions and ValS for the Charity, which are actioncd through th¢ Charity'5 annual Strategic t)evelopmcni Plzn and the schools, School DeY¢lopment Plans. The Visions and Values preseni a set of Straiegic aims.. l. To share the high eX[latiOn that children and young Ople ICYP) at the s¢h(x)l achieve to th¢ fulle51 of their ability- 2. To ensure young people leave school with an 4e-appropriate reading level. 3. To support, enable and develop CYP who have previously stDJgglcd io access education (including being PEXI to self-regulait and manage their srKial emotional. melli health and physical needs both within the school environment and in life. 4. -1 o encourage CYP to become r¢sp¢¢iful tnetnbers of society who are Gommunity minded, contribute to charitable t4US¢5 understand Protectrd Charncteri51ics and uphold Brit15h Vajues. 5. To enable young wple to tKcome adults who are proactive, enkrprising* a5pirdtiona] and careerminded 6. To ensure thai CYP and their parenLS Ic4r¢rs feel pride in their achiev¢mertis and develop their self-esieem. 7. To enable pupils to develop independence and r¢5ili¢nce. . TO enable staff to fee] piide in and be a5piral1on for their pupils and for themselves. Page I
West Kirby Educ¥Jtional Trust {Registered number.. 002018} Report ofthe Tru5ttt5 for tht YE4r EDded JI August 2025 STK4TEGIC REPORT Achievements Alld p¢rfornnce Charitablt Attivitie5 I'he straiegic aims are met through departmental obj¢rtiv¢s. which are sei oui by the CEO, together with key Mem1$ of Ccnlral Setvices, the Ilead teachers and Ihcir Stnior Ltadership Teams. FrDm these obj¢rliv¢s the 5trdlegic tkvelopmeni Plan for the Charity and the School Development Plans, for the schools, are prepared and approvcd by the Board of TnletS and Sch(M)15 Boards, resp¢¢iively. Ongoing progress monitoring is CaLTicd oui by the memb¢rs of Ceniral Scrvice5. the Hcad teachers and Scnioi Lead¢r5hip Teams, iogether with Ihe CEO. These are reviewed iemily and pr¢senMI to the Board arUallY. Childten gener[Y continue to prrforn up to and Ive iheir expe¢d progre55. The school's onsite therapEulic sffvices have tneant thal our pupi15 With mor¢ challenging khaviours have be¢n able to access thc CU1¢u1M 8s delivered by th¢ t¢&¢hing staff. Acre View Primary School, b&8ed in Lydi and OPLmcd in June 2024 has grown from strength to 5trcttgth, with a full complemettt of siaff planned to be in place in September 2025, as Ihe Schwl ¢m¢inues to grow ro full capacity. AVPS allows the Charity to offer the Same high standard of education and ce 10 primary aged pupils in Sefton and Knowsley. Wc51 Kirby School and Coll¢g¢ is now at capaciry and. a5 a non-maintatncd school, is in¢reasingly under prcssure (o accept pupi15 over and abov¢ ihe PAN of 115. Finantial revitw Finantial position The Direaors, as Trusie¢s. have a prime direciivc io prnteu th¢ assets of thc Charity. The Charity'5 principal fundin8 source is through fces char8ed to LO¢ Authoritie5. These are reviewed annually by the Tru$iee% and set at a level to enable the Charity to meet current commiltn¢nts, 5uppon future d¢velopment and ensure the Trusi's schools mnain al thc forefn)nt of providing for children and young people with cornplex difficuliie5 and Sial Educational Needs ar Disabilities {SENDI. The increased complexity of some of OUT young people requires addition 5taffin8 suppori in some areas and a fee bandin8 st1lUre is in place. W¢ continue lo wot closely with Loc8] Authorities to help them und¢rsiand Wh scrvices are provided for the fees and we are committed to reviewing the fee structures further. A5 the employer, the TnLsiee5 remain evcr mindful of the pension schne liability despite ¢10sing the scheme to future a¢¢rual in July 2010. Following the Iriennial review as ai l April 2019, a revised Recovery Plan was pul. ill place. The official Trienniaj Valuation was carried out as at the end of August 2024, and it w&5 agreed that the reeDvery plan would ¢mtinue. 11)e Tn1¢¢$ aTe happy lo report that the Charity's accounts remain MO ihon saiisfactory with a nei income of £2,295.070 which includes an actuarial loss of £1,000 fTom the WKRS pension schetne (Prior yeaT.' net income of £610,484 including actllarial Sain of £88.(KXI fri>m the WKRS pension scheme). lttvestment policy and objettlve$ Investmtrti& which are held as fixed a5t$, tyre included in the fjnancial statetnertis at maTk¢t value. No restriaions Apply the Charity's investtncnt powers in respect vf schotsl fund5. Currenily ihe Charity hold5 a small inv¢simenl in COIF, remaining available fvnds bEing held in the current account. Pag¢ 2
Wtst Kirby Educational Trust Oitglsiertd Kumber: l)021KM)18) Report of thc Trn5tees for the Year Ended 31 AuEUSt 2025 STRATEGIC REPORT Fln4ntial review R¢$erye5 policy Du¢ to fundamental uncertainties surrounding the Charity's income and the ever-inere&sirtg expendiiurc requiremenis, the Director5 believe thai the fr¢¢ r¢sV¢S should fdll wiihin a range thw provides tl¢xibility in the ciJnt¢xt of opcrdiional requirertlcnts. The iargci r8ng¢ h4s been Set between £1,500,000 and £3,(MXJ,000 with amounts aix)ve this rangt providin8 an opportunity to grow the chari¢abl¢ work5. Ai 31 August 2025. the free reserves amounted to £2,310,789 fl¢Cling the ittvesimenl tha¢ h&5 been made ID Ihe 5elf-fvnded construction and se¢ up of thc new school. I'his position 15 projected 10 improve over the next financial year as the ncw school trcomes more establishcd. The free reserv¢s used to derive these figures are the cash balances adjusied foT wrreni credir5. The Res¢rves Policy is due for review in SepmbeF 2025. to rcfleci the grOkn of the organis&tion. Future plans Future plans of the Charity continues 10 deliver on Ihc aims of the Siragi¢ Development Plan and both School Devclopmcni Plans, IhTough gwd planning and the work. Central Services Iwhith cons&sts of Finance, HR, Estsos and Prefftises Management. M&eting, IT, Dats Managetnent and Cat¢ringl and the leadership teams of the two schools run in line with Sound financial plaTming and 5UPPOrt, at the direction of the 6lcad of Finance and the CEO. The trus¢s agTee the allocation of r¢source5 10 the schools 2nd C¢otral Services in the new budge4 enabling them to meet the aims of the Chariry. The Trusiees prt awATe of the continuing impact that the pandemic and cott of living crisis had on education and the families M'e support. The school's aim is to 'change children's lives, and the Charity ha5 Striven to give as much iargthd resources possible and the coming year will see that wrn maintained. Continued sUPPOrt ths given in this area by the Chatity's Pre5ideni. Mr Anthony Shone. of who'5 suppoff the Charity and Schools remain excecdingly graful. STRUCTURE, GOVERNANCE AND MANAGEMENT Govtrning dotumeht The chariry is colliroll¢d by its governing document, a deed of ISt, and consiilutes a limited Company. limited by guarante4 a5 dcfined by the Companies Act 2006. West Kirby School and College was established in 1881 &$ the Children's Convalesceni Hom¢ and was in¢o]POTai¢d in 1924. The Metnorandum and Articles of Assuciation of the School were revised and approve(l in 2021 and aBrt in 2025. The Charity changed ils name lo West Kithy Educallon Twsi in October 2023. Thc Charity 15 a company limited by guarantee, Registcred Number 2tKK>18, and ha5 no share LapiLII. It is also registered under the Charities AGt 1960. Rcgistered Number 207790. In ihc ev¢ni of th¢ company being wound up m2rnb¢rs aTe requiTed to contribute an amount not exceedinE £10. Rtcruitmtttt and appointment of lltw tru$iee5 The Dircciors of the company are also the Charity Trustees for the putposes of charity law. The Director5 musr be Members of the School and k Te-appoinicd at th¢ Annual General Meeting on a rotating b&Ri5. 'lThey can also b¢ appoinied ai any other tine ihroughvut tht year subject to Board approval. Direciors may ai any time sign their office by a notice in writitsg or be retired by d r¢solulion of at lea¥ Ihre¥-fourths of the mcrnbcr5 present. Direciors shall TPSO facto vacate Iheir offi¢¢ if they cease (o be a mcmbEr of the School. A Tems of Reference Documen¢ was aed in 2019 to Sup[rt the role of the Directors of the Charity. Page 3
West Kirby Edutatlonxl Trust (Registered number.. Tr)200018) Rtport ofthe Trknstee$ for th¢ Year Ended 31 August 2025 STRucfuRE, GOVERNANCE AND MANAGEMENT OTgani5ation91 $trnetur¢ Board of Dtrtrtors 'rhe ]Joard of Dirttior5 15 Te5ponsible tor m2naging the company and all financi aspccis ofthe Sch(y)l and ensuring Ihal the school meets all obligaiion5 placed upon Lt by the Charity Commission, CoMplY and Employmeni Law and lh¢ Healih and Safety Exccutive. This irt¢ludes'. - Pl3rLning and condueiing its affaars to remain solv¢ni. - Estab5ishing proper finan¢ial management arrangemen15, accounting procedures and tntrInIng a sound sysiem of Intla] controls. - Ensuring Ihat funding from sourc¢s other than fee5 l5 used only in gcctsrdance with the condiiions attached. The full Board of Directors meeL% regulatly throughout the ytsir, with rneetings scheduled to meei financial and other deadlines. lThe Board of Tnjstees of Ihe School is also responsible for ensuring thai the School tneets all obltsaiions pled utKm it by Ihe Sccreiary of Si&tr for Education atyA the Cotllmi55ion for Social Care InS¢tOte. The full Board of ffteets at le&%1 once a tern). ThtCEO The CEO has overall Sponsibl1]ty to the ljoard of Directors for the ongoing success of lh¢ Trust includU its day-tsFday financial managetn¢nt. The CEO attd the Board of Directors work with the Fingnce Manager and other leadcrs in operation4 to ensure the effeGtive delegation of gervi¢es. Induction and tr•inin¥ of new trnstt5 Thcrc is a Recruitment Policy and ProceduT¢ in place for all Directors of ihe School (revised summer 20181. The chrnan And Officers provide induction and irdining, through rcading material and attendance at courses. The R¢cruilm¢nl Policy and PrUre place for the appointment of officers and Maff to (he school follows all currcnt Sale8uzrding guidelincs. New Directors are inducted in the workings of the charily and the School, including Board Policy and Procedures. through ini11 Tll¢¢tings with the ChaiT, Principal and HR Managcr. Ongoing iraining dnd updalcs arc rnade availabl¢ ihiough various presentations ai Buard meetings. inset days and ac¢¢s5ing 5pccifJc training courses provided by the Wirral Metropolitan Borough Council andltsr other5. Rlsk mana¥emeDt polity The DirectOT5 annually review thc ri5k5, which the charity face5, and there are procedures to conlinuou51y monitor risk siiuations. All high-risk areas have bcen identified aNI Ihe Dircctor5 have ensur¢d that appTOPTiate action plan$ i)r coniingency arrnngcments are in place. Whtsdt blowing policy The Policy outlines the Sch¢y)I's ¢omtnilmtni to tackling fraud and oihcr forms of malpra¢iice and treats ihc5C iSSU¢5 seriously. The School recognises that some concems may Ix eXIrne[Y Fxnsitive and h&% iheTefore dClo[d a systttn. which allows for the confidential rdising of concerns within the s¢hool environmenL Page 4
W¢st Klrby Edutltloll Tru$t {ReElstered #umber: Iy121MXI8 R¢port •fth¢ TT•Stees for th¢ Yt4r EDdtd JI Auyst 21125 REFERENCE AND ADMINISTRATIVE DETAIIS R¢Eknrtd Comp8my (K)2{18 (£ngland and Wales) R¢tered Ch*rtty Dumb¢r 20779) Meols Drive West Kirby CH48 5DH Philip tkakin Iresigrted 27.11.24) Julie Maria Meny Stephen Peacock Melanie Sian Thom&s Fithcr Brian Bell Jonathan Whi¢worth Peter Neil Merity lappoin¢¢d 27.11.24) Gerry Flanagan (aptxTrinted l.11.241 MY5 Lynda Pownerlappotnled 22.9.25) Susan Pyatt lappoinknl 22.9.25) Mrs inui8e Arm Stholes laprA)inled 24.3.25} Voi5ey & Co LLP 8 WirmiarJ¢igh Stre¢¢ Warrington Cheshire WAI IJW SDllrl¢ord Stone King LLP Upper Borough Court UppEr Borough Wallls Bath BAI IRG Blnken Ha¢)delsbarhken Pk 101 BarbiTDlli Squar M2 3BG Pa5
Wfst Kirby gducationgl Trust {Registered numbtr: (Y)2(th18) Report ofthe Trnstst$ for the Ytgr Ended 31 August 2025 REFERENCE AND ADMINIST]L4TIVE DETAILS St4lTCovernor Lynda Powner Company Se¢tttsry Ltndsay Bott (appointed 01101120241 CEO I Principal Melanie Siatt Thom&s (Principal of West Kirby School and College 10 31108fJ0241 Senior L¢dership Team (We$t KiTby Sthool and Collgt) Headteacher- Richard Hicks lapwintrd 01109120241 Assistanl Headteacher- Steven Hulme Assistani Hcadicacher and SF.NDco- Jennifff Jones lappoirtted 01109r2024} Deputy HeadQa¢her- Peter Smith Depury Heado¥h¢r- Sarah Wilkinson Deputy HeadLeather- Daniel Flanagan SeDior IkAder$hlp Tearn (AC View Primary School) Hedd Tcacher- Eli72beth Wynne D¢puty Headieacher. Joanne Mullin School Dusin¢5s Manager. Holly Prince SENDCo- Lindsey Thomp50n Safeguarding Lead- thniel Storey STATEMENT OF TRUSTEES, RESPONSIBILITIES Thc trustee5 (who are also the directors of Wesi Kirby Edurational Tru for the pUoSeS of company law) are respon5iblc for preparing the Rwrt ollhc 7'rst¢t5 and th¢ financial stai¢menls in accordance with applicable law and Unid Kingdorn Aceounting Stondard5 Iuniicd KinEdom Generally Accepted A(¢ounting Practice). Company laiv requi5 the trustees to pr¢pare financial sratemenis lor each financial year. Under that luw, Ihe Irusiets hav¢ Clected to prepaie Ihe financial statements irl accordance with Uniied Kingdom ener[Y A¢¢epied AGcouniing Pra¢ii¢e (United Kingdom Ae¢ounting Standards aod applicabl¢ lawl. Under company law the trustee5 Inu5t not approve the fLnanci21 siatements unless they are s&tisfJed that ¢hey giv¢ a true and fwr view of the stale of affair5 of the ciwitable company and of the incoming SOurCeS and applicatioD of resources, including thc income attd eKpenditure. of the chaiitsbl¢ company fur that period. In preparing those fllwi¢ial siatcments. th¢ Inlee$ a]Y r¢quired select suitable cOUntIn8 policies and then apply them Consistently., observe the methods and princip1¢5 in the Charities SORP; makejudgements and tlMateS Ihat are r¢&80nable and pent,. prepare the financial statements on the going conc¢m basis unless it ts inappropriat¢ to PTasume that th¢ charitable company will coniinue in business. The tnjstees are responsible foT keeping proper accouniing COrdS which disclose wilh re&%onable accuracy at my time the financial p)sition of the charitablc Company and io enable thern to ensure that the financial 51aternents ci>rnply with the Companies Act 2006. They are also re4)on5iblc for saleguzrding the assets of the clwttable company and hence for taking reawnable Skps for the preveniion and detection of fraud and other i]Tegu12ritie5. Page 6
West Kirby EductionAI Trust (Reglstered number: fm200018} Report of theTru$tte5 for the YeAr Ended JI AuEllSt 2025 STATEMEfT OF TRUSTEES, RESPONSIBILITIES. ¢omtinued In so tar as the trust ANiare: theTE 15 no rclEVlItLt audit infoTmotion ofwhich the charitable ci)mrAny's audit(>rs ar¢ unawure: and the trusitts hove taken all sieps ihai tho. ought have tsk¢n to make ih¢m¥¢lves a%¥iir¢ uf any llan1 uudit l#fomi10 and to estsbli5h the auditors are awBre ofthai infornialion. AUDITORS IThL 8uditvr& Voiscy & Co LLP. Ivill be [X>sed for rNprK)inlmaJt in acajrdance wilh 5CCtion 485 ofthe Compani&s AL 1This rctM)rt h&¥ pr¢parcd tn #¢cordanc¢ wilh the Statemeni of RttommLded PradiLe: A¢couniing and RernTrrting by chariti lIJte 2, Publishcd O¢tokr 20181. R¢tH)rt olihc lNsL. incortraIlng a 5(TatC8ic rerrf)rL approved by order ofthc Ix>ard ol'trusw as thc company directo on 27 February 2026 and signLuJ on (he knard's ixhalf by.. Mclanie Sian Thoma5- Trustee g¢7
Report of the Independtnt Auditor5 to the Mtmb¢r5 of Wut Klrby Educational Trust (ReKi5teTed Rumbtr.. 0021rt10181 Opinion We have audited ihe financial ststem¢nts of West Ktrb>' Edu¢ationaJ T Iihc 'chaTilable company'l for lh¢ year ended 11 Augus(2025 whiLh Lomprise Ihe Statement of Financial AJlVlties, the Balance Shed. the Cash Flow Staiemeni #t notes to thc financial siatem¢nt5, includtng a summary of signifJ¢aDt accounting policies. The financi reporting framewoTk that has be¥n applied in their preparation is applicabl¢ law and Uniied Kingdom Ac¢owiiing Stsndard5 (United Kingth)m Generally ACpted A¢¢wnting Prdciicel. In oui opinion the financia] sratement5'. give a tNe and fair view of the stak of the chariiable company's affairb as al 31 Augu 2025 and of 115 incoming resources application of re50urce5, including ils income and expendiiure, foT tILe year then ended: have been properly prepared in accordance with United Kingdom Gener[Y Acc¢pltd Accouniing Practice; and have beetl prepar¢d in accordanre with the requirements of the Companies Act 2006. Basis for opinion We condutied our audit in art<dan¢e with International Standards on Auditing {UKI IISA5 IUKII and applicable law. Our responsibilities under those siand2rds further de%cribed in the AudIrS, respon5ibililies for the audit of ihe financial 5taiements seLtion of our report. We are indcpendcni ofthe charitable comp8ny in a¢¢ordanc¢ with the ethical rquirement5 that are relevant 10 our audii of Ihe financial staiemenls in Ihe UK, including the FRC'S Ethical Siandard, and we have fulfilled our other ¢ihical responsibili11¢5 in 3ccordamce with these Tequirements. We believe that the audit evidetKe we have ob¢ned is sufficient and appropriate to provide a basis for our opinion. CoDtlusions ttlAdng to goinE ¢oiittrJi In auditing Ihe financial 5talemenis, we hawe conclu(kd thai the lTt¢s. use of the going ¢oJ)¢em basi5 of accounting in the preparation of the financial staiements is approprie. B¥ed on the work we have pvrforrned. we have not identifjed any material uncertainties relaiing to cvents or conditions thai, individulY or collectively, may tast signifLcani doubi on ihe charitable company's ability to centinlle as a going conccm f¢x a period of at least twelve months from when the fjnaneial slal¢rn¢nts are auihorised for i55ue. Our responsibilities and the responsibilities of the trustees with respect to 80ing ¢oncern are described in th¢ rtlevant sections of this retkn. Other inlormatlon Tht trustees are responsible for the othcr infomiation. The otheT infomialion comprises the iDfornation included ir) the Annual Repon, other ihan th¢ financial staiements and our Report of the Indcpcndcnt Auditors theTeon. Our opinion on the financial statemenL8 does not cover the other infomiation aryl except to the exient otheTwiye explicitly staled in our report. we do not expre55 any forni of assurance conclusion theffon. In connection with our a11( of the financial Sta*M¢n our re5pon5ibility is to Tead the other infotmation and, in doing SO, consider wh¢ther the other inforrnation 15 materidlly incvnsi5tent with the r)nan¢iaJ stsiements or our knowledgc obtained in Ihe audit or oihcrwise appears its be materially mi$siated. If we identify such m21¢rial inconsistenci¢s or apparent materi missthtements, we arc required to detcnninc whether this give5 rise to a maierial misstatement in the financial 51at¢menis themselves. If, based on the WQTk w¢ have performed, we conclude Ihat there is a material misstsiemenl of ¢his oiher inforniaiion, we a¢ T¢quired to report that fact. W¢ have noihing to rcport in this regard. Opinions oll other matter5 pres¢ribtd by the Companitt Ad 21N)6 In our opinion, bayed on the work undertaken in the course of the audit.. Ihe intomiaiion given in the Relrt of th¢ Trustees for the financial year for which the financial statements are prepared is conststeni with ihe financial siatements; and the Rep)rt of th¢ TTU5tee5 has been prepared in accordance with applicable leg21 r4uir¢ments. Pag¢ 8
Report of the Ind¢ptMdent Auditor¥ to tht Menbbtrs of Wut Kirby Edw¢atloMI Trust (Regist¢r nmmber. (l11} MAtttTh whkh we or¢ vWlre to report by eJ¢£ptloN In the light of the knowledge ar¥J under5tsndin8 of the ¢haritsble cmpany and its environment obthincd in the course of the audil wr knve not identifled matrrial mt&S¢atements LD the Repx(of the TnLgtees. W¢ have nothing to rcwrt in res of thr following mattus WhE thc Companies A¢1 2{ requires u5 to rewrt LO yoil Ir, in our c4)inion'. a&qu accounting records have not been kept or r¢turns u41¢ for our a11 have not been Trccived from bran¢ts visit¢d by OT the finan¢ial statements not in agY¢¢m¢nt with Ihe accoUing re¢ords &nd rtbJrn5: or certain dis¢losures of trust, remunerntion Specified by law are t)w mth; or we hav¢ noL e7v all the inforniion eXpla[tiOnS w¢ r¢quirt forowaudit. ReJponslbAlitits •ftrusteu A5 explained rn0 fully kn the Stsm¢n¢ of TTh, R&%p)nsibiliii¢s, the tru5tee5 (who are also the di10[3 of the ¢h8ritable company for th¢ rSe5 of ¢ompany law) are re5tM)n&ibl¢ for PIrpatiOrt of the finan¢ial thianertts j f ing satisfied that they give a true and foir view, and for such intemai ¢otthl the trustec5 det¢rniitK is ner¢5Sllry to enable the pparation Orrmfrncl statements ar¢ fr from material misslatemenL due lo fraud or•Yor. In pwaring the fLfwLcial Mem¢nty the trtte5 ar¢ ffsponsible for asse&sin8 the chorithbk c(MnPLyS ability 10 Wt)tittiie &% 8 going Conc di5closiDg. as wwlicable, matters related to going concern and usitlg the going concern b&si5 of a¢¢(rtthiing Unl the ¢TUStce5 either int¢n(I liquidate charitable ¢)mpomy or to c¢&9¢ yr•tions, or have realistic alternativ¢ to do $0. Page 9
Report of the Independent Auditors to the Members of WeBt Kirby Educational Trust IRegisitTed numbtr: 002LNJ0181 Our rt5ponsibiiitits for the udit of the fthAnci4151atements r objectives ar¢ to obtain renable assurance about whether the financial 51at¢ments as a whole are tree from maierial missiaietnenl, whether due lo frnud or cm)r, and 10 issue a R¢pon of the Independent Auditors that includ¢5 our opinion. Eieasonable rance is a high level of a55urance, bui L5 Hot a guarantee that an audit conducted in accordanc¢ with ISA5 IUKI will always detect a mat¢riaJ rnisstsiemeni when 1¢ exi515. Misstatements Can ari5¢ from fraud or erroT aT arc considered maierial if, individually or in the a88Ttgai¢, they could reasonably be exFrted to influence the ttonomic decisions of user5 12ken on the basis of these financial 8ments. The cxiertt lo which our procedures are ¢apable of detecting irregulariiie& including fraud is deuiled below: Irregulariii¢s, including fraud, arc insian¢e5 of non-compliance with laws and regulaiions. We design pro¢¢dures in line with our resporLsibilitl¢S, Outlined above. 10 deie¢i material missl&temeni8 in re5IKCt of irregularitie4 in¢luding fraud. The exieni to which our prttedures are capable of deteliing irregularities, including fraud is detailed below.. I We enquired of rnanogcrnent and those charged with govemanee about xival and potentia] litigation and claim5 in the wnxl of the group and pamt charitable compajy, including review of relevant nominaj Iger accounis. 2 We obtaincd an undetstsnding of laws, re8ulations dnd guidance thai affect the Group and its Subsidiary, focusing on those that had a direct errerl on Ihe financial staiements or that had a fundamental ¢ffe¢t on their operdliolls. Key laws, reBulaiioDs aryj guidance ihai we identified included ihe Cornpanie5 Act 2006, Ihe Charitie5 Act 2011, health and Sdfety legislation, einploymeni legisiaiion thd the Consumer Righis Aci. 3 We cwuited of managemeni and those charged with 8overnan¢e ¢0 ithntify any insianees of nonmplIance with laws omd rcgulatiory$. We also reviewcd meeting minutes where available for evidence of non-compliance with relevant laws and regulation5. 4 We reviewed boih the Group's financial stakmeni dis¢105ure5, well &8 the subsidigry company's disclosuyes. and agrced all 10 supporting dUmentatio1) to a55ess compliance with the applicable laws and reglllions di5CLLs8ed above. 5 We goioed an undersiandin8 of the thntro15 that management have in placc lo prevent and d¢ct frnud. We cnquired of management aiM)ui any incidences of fraud that had raken place during ihe accounting period. 6 The risk of fraud and non-compliartcc wth law5 and rtgulaiions wo5 dlscussed within the audit learn and tests we planned and perfomied io address (he8e risks. It was noted that as gTDUP auditor5. our assessmeni of matlers relating t non-compliance wilh law5 or regulations and frnud differed ai group w)d subsidiary level according 10 their particular ITCUrn51ances. 7 In addressing th¢ risk of fraud due 10 management override of controls, we perfortned sling of journal entries and other adjustments for appropriCe55. evaluating the bus1T$S ntionale of significant ITansaction5 OU15ide the norm31 Cl>u of bu51De55 and reviewing accounting estimates for bias. 11 We also challenge management a55umplions with regard to accounting estimaks, both at group and 5ub5idiary level. Despite appropriaie planning and performing our work in a¢¢ordarL¢e with Internaiional Auditing 8iandard5. the]t are aJway5 inhetttsi limitations Ihal non-compliance 15 not detect¢d. Non-rompliance w'ith laws and ffgula¢ioDs 15 often further removed from ihe evcnt5 and transaction5 rrfl¢cled in the finan¢ial statements and material misstaiernenls due to fraud d¢ltberat¢ly ¢onc¢ald from auditors, for example through tnisr¢pr5entation, forgery or collus0. A further description of our responsibslities for the audii of the fittancial st&trmenis 15 loraied on the Financi21 Rcporting Council's w¢b5il¢ al www.frc.or&uklaudilor5rcsponsibili0¢s. This description fotThs w of our Report of thc Ind¢pend¢nt Auditots. Page 10
Report ofthe Inthptll41tnt Auditon to the Members or Wut Kirby EdtAtIOnAl Tntyt{R¢gistertd number. (1)21KK1181 Use of re Thts re[ 15 made FA)lely lo the charitable comrAnYs m¢mixrs. as a in accordance with Chaptcr 3 of Part 16 of th¢ Companies AGt 21kn. Ow aytli¢ work ha5 utthrtaken so that we might state to the charitable WpY'S members those matters we arc ryuired io stsie lo them in an auditOT5' reFQrt and for other putpose. To th¢ fvlles¢ ¢xt¢nt rKrnitted by law. we do not ¢pl or 8Me resF*)nsibility to anyone other thgn thE charitable company and the Critable company's ffleMbe a body, forour audit work, f¢xthis TeF4Xt. or lor opinions we havr fonned. Jamin¢ Boyo BFP FCA MAAT (Senior Statutory Auditsjrl for andon behf of Vois¢y & Co LLP 8 WiDmarleigh Slreet WarTirtgton Cheshire WAI IPW 27 F¢Fw 2026 Pagell
Wert KÈrby Edu¢Atloffjal Tnut ststent of Fknneknl ActiwllitJ (Ineorpornting SD Incom¢ •nd EKpeDdlture A¢eowntl for the Yur EAded 31 2025 31.8.25 T¢Jtal fvnds 31.8.24 Total funds Unrestricted fund Re5triGted fund5 Endowm¢nt fi]nd Nthcs INCOME AND ENDOWMENTS FROM Don4ions legxies 4262 4262 11419 Chrknbk ¢thltks Direct EdallOn 11,384,528 443,039 11,827,567 8.108.162 Other income 48fi49 5.975 54,624 52283 Totsl 11,437.439 443,039 s.15 I 1.886,453 8.172.864 EXPENDITURE ON ChY#abk a¢livitseJ Dirxt Fkniort Childcare Servi$ Establishment Exp¢tLses SuprMTrrt Costs GoVanCe costs Scknl Costs 4.893.437 430.797 I,892.12 1,811,558 23.965 91.lJXI 216.187 5.109,624 430.797 2.1 l8.954 .811.558 23.965 91,CrfK> 3,506.118 765.841 1,801,J85 1.431.821 25,118 125,1) 226.852 Otr 6,867 T•tsl 9.142.859 443,039 9,585,898 7.662.150 Nct 8altlrflosI on investments (4.484) {4.4841 11.770 NKT INCOME Yrnn5frrs b¢tweth funth Oth¢r r¢wul¥ed ¥ain51(losw) Actuarial gainrf1055C51 on fit knefit s¢heme5 2294,580 5.975 1.491 (5.975) 2,296,071 522.484 17 {1.(} 88.1MX) 22YJ.555 {4.4841 2295,071 610.484 RECONCILIAT10N OF FUNDS Tolai funds iThht forw¥rd 11,198.163 12&032 11,324,195 10,713.71 TOTAL FUNDS CARRIED FORWARD 13,497,718 121.548 13,619.266 I l J24,195 The llotrs fonn port of these finanriaj thtEmenL8 Pa8¢ 12
West Klrby Edu¢atloMal TN¥t (Registered ttumber: 00201MI18} B4lJn¢¢ Shttt 31 August 2025 31.825 Totsl 11.8.24 Total funds unrlri¢lcd fund Restric lunds Endowment lund Notrs FIXED ASSETS 'JaBible *wcts In¥c51ments 11,186.929 11.186.929 121.548 10.957.117 126.032 12 121.548 11.186.929 121.548 I I J08.477 1.083.149 CURRENT ASSETS DeFAors L&sh ai bank 13 280.601 3,088.638 280.601 3,08B.638 219.822 550.901 3J69.239 3 Jfi9,23C) 770.723 CREDITOILS AmounLs falling due within one year 14 11.068.449) 11,068.4491 (391ffj77) NET CVRRENT ASSETS 2300,790 2JIX).71A 379.046 TOTAL ASSETS LESS CURRENT LIABILITIES 13,487.719 121.548 13.(A19.267 11,462.1 PEYSION A&8ETI(LIABILrrY) 18 9.999 1138.000) NET ASSETS 13.497.718 121.548 13,619,266 11.324,195 FUNDS UniLStrided funds LndowmLmi funds 17 13.497.718 121.548 11.19X.163 126.032 TOTAL VUNDS 13.6192f 11.324,195 The finAncial slaiements iv¢re approved by ihe Board of TN5tees and wthorisd for on 27 February 2026 and signed on it5 khalf by.. Melanie Sian Thom&s- TnLSLee The notes fomi part ofihese financial slaiemaits Page 13
Wut Klrby Kthi¢tionlTrn sh Flow Stxtement for tho Yur Ended JI Augllst 2025 31.8.25 31.8.24 Cash IIow5 from OPtr•thg •ttivllkn 3 J80.241 5.832 Net cash pmvided by operatuig a¢iiviii¢s 3 J80.241
5,832 Purchase of tangib fixed Saleof tangible fLrycd a&sets (855.2221 6.743 12.465244) Netcjsh uxd in inyrsiing activitL¢S (848.4791 12,465.2441 Cash lknvs fthArt£ing lttlvltl Income atiributsbl¢ lo ¢J1>w¢Trt 5.975 9.296 Netoth rKovided by finwKing activiti¢5 5,975 9296 Ch•i¢ ID eh eqNlvkts kn the reportini period C4sh Th41 c8sh ryuivi¢ats at the bryinDiD8 of the rel1Th1 perlod 2.537.737 {1.550,1161 550,WI 1101,017 Cash *nd c95h e4lllvalMts it the eDd of th¢ r¢pDrtimi period 3,088.638 550.9)1 The te5 f¢)nn part of these fLfwLcial SlatentS Page 14
Welt Klrby FAlllcltoDTrnt Note¥ to the Cgsk Flow StAt¢meM¢ fortht Year Knded 31 Aygwt2025 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTILS 31.8.25 31.8.24 N¢t Ineome for tht re1 p¢rfod perth¢ Sl•tme•tofFlnati*l A¢tlvltlr51 Adjustments for: Ikwe¢i8tion Gharge5 Igain) on invulments Los5 on disposal of fixed Income attributsble to ¢ndownent Pension sch¢m¢ adjustments IrKre&se in deMors ItKreL%e incY¢diwrs 1296,071 521484 481,337 4,484 137.329 (5.9751 II49.IKKII IfAI,777) 676.7n 353.730 (11.7701 135.120 {9,2961 {115,0) (14,4851 45,049 prwlded by OPEr¥thns 3 J80.241 5,832 ANALYSIS OF CHANGES IN NET FUNDS At 1.9.24 C&sh flow Al 31.8.25 Cash at bsnk 550.WI 2,537,737 3.088.638 550.gX)I 2537,737 3,08&638 Totsl S50.)1 2,537,737 3.088.638 Th¢ tt¢S fomi moftkse financial stytemet Page IS
West Kirby Educ8tiomil Trn$t Noi¢s to the FlnncRIl Ststsmthts ror th¢ Year Ended 31 Augu$¢ 2025 ACCOUNTING POLICIES Basis of PT¢p&ring the finallclal stat¢ments The financial st4lem¢nts of the charit3bl¢ cixnpany. which is a public benefit en12ty under FRS 101 have been prepared in a¢¢ordanc¢ with the Charities SORP {FRS 1021 'Ac¢ounlin8 and Reporting by Charities.. Statcrnent of Recommended Pra¢tic¢ applicable to ¢harities preparing their a¢¢ouDts in accordance with the Firtènrial Reportin8 Stsndard applicable ir) the UK 2nd R¢publi¢ of Ireland (FRS 1021 (effective l J3nuary 20191,. Financial Reporting Standard 102 'The Financial Reporting Siandard applicable in the and Republic of Ireland. and Ihe Companies Act 2006. The financial ststements have been prepar underihe historical ¢osi ¢onv¢ntio The School is a Public Benefit Entity registered as a charity in England and Wales and a company limited by guarante¢. li wa5 ineorrM)rated on 23rd Augusi 1924 {¢ompvny number.. IX)20(K>181 and regi5tercd as a chariry 22d Scptember 1962 Ichar5ty nurnb¢r'. 2077901. The registered office is Wesi Kirby R&si(kntiaJ School, West Kirby, Wirral. CH48 5DH. The rnwion currency of the financial Statements is ihe pound sterling (£1. Mot)et8ry amounts in th¢ financi statements art Tound¢d to the neatE$t £. Golfjg eo¢¢rn The accounls havt been prepared on the going concem b&8is. In the Tru5tees' opinion the Charity ha5 wjequate resources to tontinu¢ in operational existen¢¢ and Ihere are no material uncertainiies that affe¢t the charity'5 ability lo operate on the g05Dg basis for the foreab]e future. Income All income is recognisol in the Statement of Financial Activities once the clwity ha5 entltlement to the fijnds, il L5 ptobabl¢ that the income will bE Teceived and iht amount be me&sured reliably. The followittg srrtifjc poli¢ies are applied to particular ¢gori¢s of income.. - Jncomin8 resource5 from charitable activities are received by way of school fees. grdnts received and contributions to school trips. TILey are all credtted to th¢ S¢atemenl of Financial Activi11¢5 in accordance with the peri(vJ they late to, regardless of when actudly received. Any amounts received in advance aTe trcatcd &8 deferred income. and atTear5 are tred as deorS at the year end. . GrJJL15 Tecelved for S¢IfIC puFrM)ses are Credit to itle St&tement of Finan¢iai A¢tLVLties on receiw and allocated to StriCted fvnds. - Dond good5 are included At the value to the charity where thi5 can be quaniified. This valuc includes all irtcome rec¢iv¢d by the charity th is irt 5ub5tance. a gift made to it on a volunw basis. A donation or le8acy will br treated os TstrICted fiJnd5. Income froln iTrvestments is included tn the Statement of Financial Activities tn the y¢ar in which it is Tffeivable. Expenditure Liabilities are reeo8nised s expeThlitufe &s soon as there is a legal or constructive obligaiion committing the charity to that expenditure, it ts probable that a transfer of econorrLiC nefits will be required irt settlement and the amowi¢ of lh¢ obligation be me8wred reliably. EXndItuTe 15 accounted for on an accruals basis and has been cla55ificd under headings including staff costs, Ih81 are directly attributable to the organisalion'5 acliviry. Whert costs Car0t be directly atLribuied particular headings they have been all14d to a¢tivities based on xtual $tsff time 5pEnt. Charitable expenditure comprises those c05t5 incurr¢d by the ¢hoTity in the delivery of its activities and sErvice5. Page 16 ¢oniinued...
Wt5t Klrby Edu¢•tional Trust Note5 to the Finin¢i#l Stwterntnt5- ¢ontillued for the YeAr EMd¢d 31 August 2025 ACCOUNTING POLICIES- continued Expenditure Governance costs include those Co5 a5sociaied with meeting thc statutory requirem¢nt5 of the charity and includ¢ the audit lee and costs linked 10 the strategic management of thc ch8Jity. . Costs of generdlin8 fijttds comprise costs rlated with attrncting voluntary income and th¢ costs of resources. Tngible red gsstts Tangible fixed eLs are slated al hisioricaj cosi less a¢rutnulat¢d deprcciaiion and any accumula impaimieni losses. Ilistorical cosi includ¢5 eXndItUTe thai is directly aiiributhle io bringing th¢ assei to the IIKarion and condition nccc5sary for it to k capable of operatin8 in the manD¢r intended by management. Freehold property Plani and machinery Fixtures and finings mOT vehi¢l¢s Computer equipment Nil- Land, 2%- Buildings Strdighi line over 15 years Straight line over 10 years 20% on ¢ost 33% on cost The opitalisaiion policy is tK) les5 than the Stated amounts.. Fre¢hold property- £l,(K)O Plani and Machinery- £51K> Fixiures and Fi¢iings- £250 Computer equipment- £250 Fixed 25sels are reviewed for impasrments annua]ly. Di5P05a15 are authorised 21 the y&ir thd. T¥¥gti0 Th¢ tharity is exempt from ¢orpDration on its charitable 3ct1vitl. Fund atcounting Uniestricied fvnd5 be used in accordancc with the ¢han'table obj¢ctive5 al the discretion of the tNsÈees. The general fund is an unresiricted fund and i5 available to meet the expenses of the school. Re$tri¢ted fund5 can only bt used for particular reslricied purpose5 within th¢ objects of the charity. Eiestriciion5 arise when ScIfied by thc donor orwhen fund5 are raised for partitular Strict¢d pUrpOS. The School holds an endowmeni. the pemianent elemeni of ivhich it is l¢ga]ly prevcnted from spending and must remain &$ part of th¢ Schi>ol's capital. The income arising from the assets of the endowmen is avail&bl¢ tll¢et the expenws of the sch(x)l. Fixed #ss¢t investments Fixed a55et LDvesimenis are it)cluded ai Closing market valu¢ & the an¢t She date. Any or l(Iss on revaluation 15 taken to the Statement of Financial Activities. Penslon costs and other post-retirement benefits The charity operates a defined knefils pension scheme. The ossets octhe schemc are held atxl managed Separately from th05¢ of the charity. The costs Lif administering the pension scheme are charged ro the Stameni of Financial A¢tiwitie5. The current pension deficit has been provided for in ac¢oTdance with FRS IO2. Page 17 ontinued...
Wejt Kirby Edycational Trt Note5 to the Finan¢i¥l Statements- ¢ontinu¢d for the YeRr Ended 31 August 2025 ACCOUNTING POLICIES- ¢ontinued Pension costs aDd othèr posi-retirneDt btkntnts The charity also operates a stakehulder pension schem¢ and teachers. nSion schetne. These costs are clwged 10 the Staiemenl of Financial A¢tivitie5. Fknantl81 in5trumeots The following assets and liabilities are classtfied as fin9claI in51ruments- rrAde debtors, other debtors, prepaym¢nt5, tr&de ¢rcditor%. oiher erediiots, accrua15 and deferred in¢otne. Financial inruments are m¢&sured at the undi5countsd amount of the c&sh or other wnsid¢r3tson exrkckd to be paid or received. Financi assets and liabilities thai are rll¢a5ured at amortised cost are asse55ed at the etyj of each reporting perii>d for objective evideo¢e of impairnient. If objeciivc evidence of impairtnenl is found, an impaim)ent loss is recognised th¢ Ststement ot'FIniriaI Activity, and the historic cosi is included in the note5 to the accounts. CBJTICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY Esiimo1¢5 and judgements are continually evaluated and aTe based on historic experience and oih¢r factors, including expeciaiions of fu¢ure ¢vent5 chai are believed 10 be &onable under the ¢ir¢um51ances. I'hc chÈriry rnakes estimat and a55umptions coneeming the future. The resulting a¢¢ouniing estimates and assumptions will, by definition, seldom equal the rtiated actual results. The estimaies and ossutnpiions thar have a significant risk of causing a rnaierial adjustment io th¢ ¢arrying Hmounts of a55ets and liabilitie5 within the next financial )'ear are discussed b¢low= Whert an a55el is puirhased it 15 categonsed irtio an a1 cl&55, the doreciation policy of each tlMateS the econornic life of all ass¢is within the clas5. The depre¢iation policy of each asset clas5 15 determined by manag¢rn¢nt and reviewcd regularly for approptiateness. The depre¢iation policy a(k>pted is based on hi51orical exrience as well as ci)nsidtring the fuiure event5 whith rnay impact th¢ useful economic life of assets within each cl&$8. w¢h a5 changes in market danands. In addiiion. FRS 102 requires an eniily to a55e55 at ¢a¢h reKx)rting date wh¢iher therc i$ any indication thai 5t¢S within a class tnay be irnpaired i.e. the re¢overdble amouni of ihe a55et is less than the carrying amount. If any such indication exist$, managcment are Icquired to estimate the recoveiable amount of the individual gsseis ¢oncerncd. Managernent judgement is applied to deM)ille if revenue and cosis should be recognised in the curreni p¢riod. DONATIONS AND LEGACIES 31.8.25 31.8.24 Donations Contribution to school trips 4,262 12.359 4,262 12,419 Page 18 Continued..
W¢¥1 Klrby EducAtloul TrMs¢ IYote5 10 the Fin8ntiil StattmMts- eontlmued for tt Ye4r gnded JI AMEUSt 2025 INCOME FROM CHARITABLE ACTivrriES 31.8.25 31.8.24 A¢livity Dijw EduGion Direct E41u¢ation Dirtti Educatio Sch1 fees Pypil premium 11.384.528 23.840 419.199 7,836,729 241.639 11,827.567 8.108,162 CHARITABLE ACTIVITIFS cosrs Support ¢osts (sec nthe 6) Direct Tdals Direcl Edwation Childcare Service5 Esthlishmenl Expen5e5 Supwt C05t5 Govemance costs School lSIOn costs 5,109.619 5,109.624 430,797 1118,954 1,811.558 23,965 91.IXK) 430,797 2.118.954 lJll.558 23,965 91.IXKI 5.IIW,619 4.476,279 9,585.898 SUPPORT COSTS Clwitable aclivities {excluding Hwnan MaMgurtcnt reTC¢S ¢05ts1 Tctsb Dire¢L Edu¢ation Childcare S¢TV5CC5 Esthblishment Expenses Suprxm Costs Govcrnance costs Sch1 t*n$i c05 430.797 430.797 2,118.954 .811.558 23.965 9I.IMX) 620,328 1.029.397 1,361.297 785.309 137,329 {3.1481 23,965 91,) 430,802 1,740,725 1146,1 158,146 4.47A279 Page 19 coThtinued...
WtJt Klrby Edu<llon•l Trn NoteB lo the FlnDclAI S¢atwettts- tonlinued for the Year Emded 31 Augm¢ 2025 NET INCOMFJ(KXPENDITURE) in¢omdlcxp¢T¥Jitur¢) is $e ofter chargingllcreditlngl: 31.8.25 31.8.24 AL¥iitors' T¢murKrntion Auditors. remunrdlion for non audit Work Ikpreciation. Own a&sels Deficit on disposal of fL%cd a&gets 1S.l97 5.620 481,338 137J29 18,336 6,7&2 351.017 lJ5.117 TRUSTEFS, REMUNERATION AND BENEFITS There wer¢ no lotees, remuneration or other nefits for the Ye er¥Jed JI Au8usI 2025 nor th¢ year crKI 31 August 2024. Trustttt. expen There were no tnL5ttts' exFxnses paid for the year¢nd¢d 31 2025 nor for the year end¢d 31 August 2024. STAFF COSTS 31.8.25 31.8.24 Wa8es and saiories Other petL8iOt) 6,867,1(H 91.1 5.1414.244 125.(XX) 6.958,104 5,269.244 Tr averp8e MthlY twmttrof*nployec5 durin8 theyearwas as follows: 31.&25 43 75 18 26 31.8.24 32 65 16 20 Tea¢h¢rs Child¢ar¢, Care home & Clinical servitts Adminimration and fiTwice Dome1¢ & Maint¢narKe 162 133 nLrnb¢rof employet5 whose employe¢ benef (eXc]j employer pen5im costs}exc¢¢d¢d £60.(KN) w&s.' 31.8.25 31.8.24 £60.(M>I - £70.(Mx) £70.(X>I - £80.1 £80,(X)i - £.1 £90,(X>i - £I{m). £l(M).IX>i- £I10,( £170.(M)1- £180.(KKI 16 Page 20 ¢wtinu¢d...
West Kirby EducattOnAI Trn5t Notes to the Financial StAttments- continued for the Ytar Ended 31 August 2025 STAFF COSTS- Continued Sixteen employce5 reccived emolument5 in exce55 of £60,0. With the iotal of the salaries bein8 £1,321,329 These employeE5 held ihe position of PTincipal. Operations Manager, Finance Manager. Teacher ond Deputy Fleadteath¢r and comprised I l of the 16 iotal senior leadership ieam. io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestriued Restricted fund funds Endowrnent fund Total fvnd5 INCOME AND ENDOWMENTS FROM Donations and legacic5 12,419 12,419 Clkaritable attiwitie5 Dirccl Lducation 7,836.729 271,433 ,I08.162 Other income 42,987 9,296 52,283 Total 7,892,135 271,433 9,296 8,172.864 EXPENDITURE ON Ch*ritable aetivitles Direct Education Child¢arc Scrvices Establishment ExpetJSC5 Support Costs Govemance w5t5 School P¢Dsioll costs 3,481.704 765,841 1,554,366 1,431,821 25,118 125,IX)O 24,414 3.506,118 765.841 1,801,385 1,431,821 25,118 125.0 247,019 Other 6,867 6,867 Total 7JSYJ.7I7 271,433 7,662,150 Net gains on investments 11,770 11,770 NET INCOME Transfers bttw¢¢ty funds Ottler rtcognls¢d gain510055t51 Actuarial gains on d¢fin¢d benefit 5ch¢mes 501,418 9,297 21,lJ56 19,2971 522.484 88.(KX) 88,000 Net movemtrtt ID funds 598.715 11,769 6LO.484 RECONCILIATION OF FUNDS T<)&1 funds brought forward 10.5W,448 114263 10,713,711 TOTAL FUNDS CARRIED FORWARD 11,198,163 126,032 11.324,195 Page 21 continued...
Wut rbY Edu¢dNlTrnt Noles to the Flnanel•l Sttements- tontlDued for the YeAr Ethded 31 August 2025 TANGIBLE FIXED A&8Ef6 Fixtur¢5 Freehold propety Plant ar machinery rillhn85 COST Ai I SeptembEr2024 Addition5 Disp05a15 Re¢lwification I I,12.610 419.649 1253.371 ) 1,779.9tiJ 182,581 (1,3861 1464,1891 1.019.883 142,813 (11,098} At 31 August 2025 12,C6&894 1.496.966 1,151,598 DEPRECIATION Ai I Septemb¢r2024 Charge for year Elimin&ed on d81 ReClassifJcati05Vtrf¢r 2,774,948 241,559 (113,0861 752.370 77.474 537 (360,581) 234.188 86,930 19,2341 Ai 31 Augusi 2025 2.W13,421 469,81KI 31 1,884 NET BOOK VALUE At 31 Au8USt 2025 9.165.473 1.027,166 839,714 At 31 August 2024 9.127.668 1.027.590 785,695 Motor veht¢les Computer rquipment T(lals COST At I s¢pt¢rnr2024 Additions Disposals RecilfiCatIOn 95.253 56.290 {23.7421 14.797,714 855.222 1289.5971 53.889 464,189 At 31 Aug81 2025 127,803 518,078 15,363,339 DEPRECIATION At I SeNemFr2024 Chargc for year Elhmithated on disp05ai las5ificationhrarLsfer 79.IP)I 17.876 123.7421 3.840.597 48lJ38 (145 J25) 57,49) 3fQ.581 At 31 Au8USt 2025 73,225 418.080 4,176,410 NET BOOK VALUE At J I Au8USt 2025 54.578 ).998 11,186,929 At 31 Au8USt 2024 16.164 10.957.117 Iluded rn c05t or voluation of land and l)uildings 1$ rId land of £30,1KK> which is not thtttciated. Pa8¢ 22 C4XltinueAI...
Wtst Klrby Edwat101 Trot Nolu to the Fin•Tr¢ll Stst¢ments- eontin•ed forthe Year Ended 31 Autust 2025 IL FIXEDA&SET INVEsfMEWIS LIsd invcstments Unlisd investments Tota MARKET VALUE At I September 2024 ReVUatIOnS 126.031 (4.484) 126.032 14.484) At 31 Aug1 2025 121,547 121,548 NET BOOK VALUE At 31 August 2025 121,547 121,548 At 31 August 2024 126,031 12A032 There wetr t)0 invcstment &wts outsid¢ the UK. C05t orvaiua¢ion at 31 August 2025 is represented by: Lisd lnvc5thjts Unlisted investm¢nts To¢a15 Valuation in 2025 121,547 121,548 The Company's inve51ments at the b3iantt shed date in the 5harecapitsJ of companies llKlude the followinB'. WKILS P¢•slott Sththe Trusttt Llmlttd Reg15tcredoffJ¢e: Wesi Kirby Re51(knts 5clN)ol. MeoL% Driv< Ktrby, WiThl. CH48 5DH Nature of blTreSs.. Dorniorbt Cl&8 of share.. Ordinary Ilding i) 31.8.25 31.8.24 A8¢ ¢4pital aA reserves 13. DEBTOILS 31.8.25 31.8.24 Amounts fa]ling within one yw. Trade Ikbtor5 Other debtOTS Prepayments and&c¢ruvJ itKom¢ 48,111 6,021 217,686 128,032 5.186 79,587 271,818 212.805 PaKe 23 cled...
We5¢ Kjrby Edt10th Tr5t Nott5 to the Fkn•Jdl SIfrrnEnts- continued ror the Y¢4t E#ded JI A¥yst 2025 13. DEBTORS. ¢onthid 31.8.25 31.8.24 Amounts falling due aftcr morc than ]ey.. 8.783 7,017 280.&)1 219,822 CRKDrroRS: AMOUNTS FALLINC DIJE WITHIN ONE YEAR 31.8.25 31.8.24 Tr cftditOTS tal stturity andothert&Y¢s OthCl¢di10rS A15 aThJ defenrd incom¢ 182,723 484,478 137,073 264,175 98.49) 113.307 179,871 l.W.449 391,677 LEASING AGREEMENTS Minimum le underMI-canceJlable operating le$ Nl due as follows". 31.8.25 31.8.24 Within one y¢8r B¢tw¢M onr aNI five ycar5 (720 18.480 6.720 252(M) 25.21M) 31.920 SECURED DEBTS ThEre L5 a fixed charg¢ held by WKRS Pension Schem¢ Tn&e Limit¥] over the freehold land held by Wert Kirby Edu¢Ational Tru5L 17. MOVEMENT IN FUNDS Net movement in funds Transfu5 At 31.8.25 At 1.9.24 Unrestricetd Gerwal fund 11,19&163 2293,580 5.975 13,497,718 Endowment funds Endowmeni Fund 12A032 1.491 {5.9751 121.548 TOTAL FUNDS I I,J24.195 2.295,071 13,619,266 Pag¢ 24 ¢ot)unued...
WeJt lthby Edu¢illDnl Trnst Noles to the FInethI Stteththts- continued for the Y¢r Eded JI AuEus121125 17. MOVEMENT IN FUNtL8- eonlinued Net mov¢m¢nl in funds included in the above 4r¢ as foll In¢oming Gains aDd Movemfflt in funds ¢xp¢nded UmrtStrloted f•4dJ General fund 11,437,439 {9,142.8591 I1,1) 1293.580 ESFA Ful14 443,039 1443.039) ElldDwment Eftdowmcnt FuTrA 5,975 (4.4841 1,491 TOTAL FUNDS 11.886,433 (9.585.898) (5.4841 2,295.071 Net movcment in fur Tronsfers At 31.8.24 At 1.9.23 UoTtJtrleted General fund 10,599,448 589.418 9297 11,198,163 EndowmtDt funds Etknent Furyj 114263 21,066 (9297} 126,032 TOTAL FUNDS 10,713,711 610,484 11.324.195 Comparntive net movcmeni it) funds, in¢Jud¢d in the al¢ are a5 follows: I[LThIng resources Glin5 Movcmeni in fimds exr*nded Ujmttkted funds General fuThJ 7,892.135 17.39),7171 589.418 Restrkted ESFA Funding 271.433 (271,433 } EndoThThent fund$ Etthwmcnt Fund 9296 11.770 21.066 TOTAL FUNDS 8.172.864 17.662,150) 610.484 Pag¢ 25 ¢ontinued...
W¢¥t Klrby FAluctlon•l Trnt Notes to the FIDamtll St•¢ewents- ¢tiNued for tke Yexr Ended 31 August 2025 17. mOVEmEr IN FUNDS- wnllttlled A owrent yr 12 monthsand prior year 12 montlLS cbiry posiuon is as follow& Ne¢ movement in funds Transfers Ai 31.8.25 At 1.9.23 futwJ5 Ullrtstrkt¢d 10.599.448 2,882,998 15,272 13.497.718 EndoiTrrntht f4ntts Endowment Fund 114.263 22,557 (152721 121.548 TOTAL FUNDS 10,713.711 2.IA)5,555 l3.6l9,266 A ¢unent ycar 12 morths attd Frior yw 12 montlL5 wmbinrd net movement ITh futds, induded in tk ar¢ as follows.. Incoming resoiirces Gains gnd Movcment in fvrm expend Unrestrl¢ted fv#ds Gcneral fimd 19.329.574 116.533 576) 87.ILK> 2,881998 RutrAtted ESFA Funding 714.472 (714,472} EndowiDeol 15271 W57 TOTAL FUNDS 20,059JI7 (17.248,048) 94.286 2.5,555 The School holth endowmcnts, the pernwM¢ element of which il IB legalty pr¢vend fffnn 5rKtLdin8 atd must remain part of the School'5 Capital. Th¢ asts of the erthTrwm¢n( are invest¢d in a CCLA, COIF Chartties It)vestMl Futwj. ThE incom¢ arising from th¢ asm of the endowmcnts is avaitsble ¢0 Ttltti thc expetLses of the Th¢ s¢h(K>l is also in rec¢ipi of Capital fun(W8raDts from thr Education aTrJ Skills F]rtg AgenGy. In line with pming reqiiiremen15. this in¢om¢ is shown in reATid f$, with the expendttur¢, mects the conditiS o¢ied with the grdnts, also ailoGu*d to theserewicted fwids. Page 26 )tLnud..
Wtst Kirby Edu¢ationil Tru¥t Nott$ ¢0 the FinaTttiRI Ststtmtnts- oootlttu¢d for the Year Ended 31 August 2025 18. EMPLOYEE BENEFIT OBLIGATIONS Rttirtm¢nt Benefits The s¢hoDI operalcs a defined benefIt ¢¢ for employees {excluding thching 5ft), the se(S of whi¢h are held in a sep8Taie (ru5tee adminisiered fvnd. In May 22 the s¢hem¢ w&8 closed ti) new metnbers in June 2010 fuiure a¢¢Tual ceased and in January 2015 th¢ sionable link to final salary also ce&sed. An itKlep¢Ddent qul[led actuary. sn collab)ration with the TTUSttts of the pensiort h¢e and the SchrM)I letnployer}, carries out #n actuarial valuation of the s¢heme every threc years. Following the valuation, a recovery plan L5 agreed between ihe Tru51e¢s and the School in order to make good any shortf[ in the s¢heme's funding. The current recovery plan wa5 agreed after the valuation ¢aTri¢d Dut as at l April 2019. The fitwicial fjgures relaiing to the s¢hetTLe and reflethed in Ihese a¢¢ounlS are prepared under UK GAAP IFRS 1021 assutnplions and are revised &tmually. These as5umpiion& although similar, are dcrived in a different way to th<kse used for the actuarial valuaiion. The L%sumption for the triennial valuation being generally more pyudeni than th¢ GAAP &%sumptson Teachin8 siatF are [nnber5 of the defined benefit scherne operared by the Department of Education, lo which th¢ school pays a fjxed prrcenla8¢ of teachers. pensionable yay, %vhich fully discharges its liability to the teachers. rknsion 5chem¢. The s¢hool in Pl defLn¢d contribution pension s¢h¢me arrangernents for all employees Dof in the teachers, $ion 5ch¢me. This is a Slakehold¢r pEn5Lon mngemeni thai also in¢ludes the school's auto-enrolment provision. The ¢en¢ributions paid by West Kirby Educational Tnt forih¢ periwj end 31 August 2025 were as follows". 2025 2024 T¢achetrs Pension Stakeholder Pension Deficit Pension Payments 215,081 123,607 240,000 151,450 84.387 240,(XK) 578,688 475,837 Pen51on CommA¢ty¢ots Section 28 of FRS 102 Employ¢¢ Benefits requires pension fund valuations (o be updated ai ea¢h balance 5h¢et dale. The fund valuaiioo has been updated by an independent quolified actuary.. on an FRS 102 basis, as 41 31 August 2025. The as5urnpiions used by the aduary are the best estima chos¥n from u Tange of possible aau8yi a&8wnptions, which. due to the timescale cov¢r¢d, rnay not be borne out in practi¢¢. The market value of the scheme's assets at 31 August 2025. which ar¢ not intended to be realised in the short t¢ and rnay be subject io siRnifi¥ant change before they are YeI$¢d, and the present value of the schem@$ liabiliti¢5 which are derived from cash flow PTOj¢Ctions over long periods and aty thu5 inherently unccrtairL were-. Page 27 coniinue(L..
Wut Klrby Edut•tlonal Trult r•r the Year Endtd31 Awgust 21125 i& EmP[YE BENEFIT OBLIGATIONS- cont1 2025 2024 2023 The actuarial V¢ of 4s5Ctsat 31 Au8u8t The tUana1 value of liabilitie5 at 31 August 4,381,(MM) I4,371,1)} 4.749.(MXI 4,684.IXMJ (4,887,IKK)) 15.W25.IKM)) Pr(Klu¢e5 an xlullriat rp1 Ideficitl or 10.( 1138,IMM)) 1341.(KK)I The tharial value of a5s¢ts rep$¢ I.23%12024: 97.18%)olthe actuarial liabiliii¢& The amounts re¢ogni8d in th¢ Sw¢ment of Financial kniviiies follow5.. Defitted benefit poisiM plans 31.8.25 31.8.24 Current 5ervicc cost InteTestC05t PJst sttvice c051 Admtni5tr&ti¢Jn Clt5 1S.(KK¥ 87.1 110,0 91,¢M)O 125,( Actual return OD pjan a55e¢s (7.(XK)) Chonges in thewe5ent value defjned benefii obligation we as follow& Defuled pension plans 31.8.25 31.8.24 Opming thfined bcncfit obli8ati Intereq cost Acluarial losse51lgainsl Benefjts paid 4,887.Th)1 234,( (360,(XK)I (3,(K)I 5,025,(KKI 257.1 17.(MKII 1388.(XKI) 4J71.¢X)I 4.887,(XK> Page 28 continued...
Wut KITby Tru Note5 to the Flnnthl StsttJnMts- tontlNu f•r the Year End¢d 31 August 2025 18. EMPLOYEE BENEFIT OBLIGATIONS- tontlmued Charbges in the fairvalue 015¢heme Ets are &8 follows: Defined nefit rAlOn plan5 31.8.25 31.8.24 Opening fairvalue of Scheme &8sets Interest in¢omeJ¢(tst contriF110ns by employer Administyion ¢xpense5 Bcnefits paid Rcturn on plaTh awty{exr1jlnB interest immnel 4.749.1MM> 230,0(M) 240,(KM) (87,(KX)I (3,0[)} 4.684,0 242,(KM) 11 iO,(MK)} 1388.¢NJO) {361.0) 8l.OtK) 4.381.lJXI 4,749,(KXI The amount5 recognised in oth¢rwi5d gain5and los8es ar¢ as follows.. Defined betfil pension plans 31.8.25 31.8.24 Return OTh plan &ts(clUding interest itKomel A¢¢uarial gd(1055esl 1361.TrKII 3(4).IKK) 81. {I.(XM)) The major ¢a¢egorie5 of 5de as a per¢ent8geof total schcme a85els ar¢ as follows". DCrKd benefit pension plan5 31.8.25 31.8.24 65.60% 61.2 19.95% 24.26% 14.45% 14.45% Equity. rKoperry & otr Liability driven inv¢sthients Buy irt )lIcY IIX>.¢Mfh 100.(K)% Page 29 ¢(NrtinuoJ...
West Kirby Edu¢•tion#l Trust Notes to tht FtTrhntl#l St#¢ements- continued for the Year Ettded 31 August 2025 18. EMPLOYEE BENZFIT OBLIGATIONS- ¢ont5ffju¢d Principal actuarial assutnption5 al the Balance Sheei da (eKPIE55cd a5 Wehled averages).. 31.8.25 6.OOY 2.950/0 2.65Yo 2.65Y 0.50% 2.90Yo IIKP/o 2.40Y. 31.8.24 S.0/0 3.05Q/o 2.65¢/0 2.65Vo 050% 3.OOV IOO°/o 2.50Y Dis¢ount rdte Retdil PTl¢ts index inflaiion Consumer PTice5 index inflation Inflaiion linked incrcascs in def¢miertt GMP equaiisation allowance Inflation linked in¢reases in payment Pff l April 26 Mortality after TCtireJnent Inflation linked in¢reas¢s in payment Post 31 Marth 2006 The Tnortlty rdies are base rates in accordart with the S3PMA and S3PFA iables published by the Actuarial profession. An allOwte has b¢¢n rnade for fuiure iinprov¢tn¢nts in longevity in awordance with the medium cohort efftct with a minimum annual incrca5e or underpin of 1.25Yo for both mcn 2nd womerL Longevity for CUTrent pensioners, aged 65.. 2025 2024 Men Women 21.6 years 23.8 years 21.4 years 23.9 years Longevity at age 65. for future pensioner5 now agreed 45: 2024 2024 Men Women 22.8 year5 25.3 yeaj 22.6 years 25.3 years The following assumption5 have been mad¢ and ¢ in line with the previous year.. There has been no allowanc¢ made for cash commuwion. Memb5 are &55umed to rctir¢ at 63 for benefits actrued prior to l April 200) with benefils accrued during th¢ rber windowl payable at age 60 unrcduced. Members ore a$5urned to retire at 88t 65 for benefit5 accruEd after 31 March 2f)05. It is assumed that 75% of membcr5 al retirement will be m•Tied or have an earlier deaih whils¢ the wives ar¢ eimaled to bc ) years younger. fvnding obllgatlon The Tru51ees are required to oul an actuaria] valuation every 3 Y¢s. The most recent a¢luari vaIuation of the Plan was pcrfonned by the Scheme Actuary for the TnJst¢es a5 al l April 2022. Which concluded on a rontinuaiion of the plan fjrst en&thed in 2019. The valuation in 2022 revealed a funding Shortfall of £820,(hX). To mOVe this shortfall, Ihe school agreed io pay contributions as follows.. - annual contribuiions of £140,0(N) yayable rnonthly in arrears over the period I September 2022 10 31 Mar¢h 2028. Page 30 wntinued...
Wu¢ Klrby Eduttlon•l TryJ¢ ror the Yeir Ende4131 Allgu 2025 KMPLOYEE BENEFITOBLIGATIONS- eothtlmued In athjilion, ¢0 cover the ongoing ex$ of nmning the pkn. th¢ sch1 a¥¢d to pay £l(K¥.¢MM) per annum over thE same lOd I s¢Mber 2022 to 31 M3rth 2028. The Khool has made the relevant payments for the pension of £140.IXXI ond £I,(1X for thr year e[ 31 August 2025. The paym¢nts r¢latULg to the runn extxnse of the plan of £i(K>,WO cart be found th¢ Statement of Inancial Activities within School perKsions ¢03( whith inGludes the other related pension ¢osts such as inleTe&t. Th¢ £140.IJXI annual coniribuu¢Jn is includcd wi¢Mn the liability the Balance She¢i. Going forw thE school win ¢xpe¢ts to pay £240.¢ during thr antIn8 year ¢ndiDg 31 Augu 2026. aJthou8h th¢ xtyaria] vajuation ¥ August 2025 is currently underway a ncw Schedul¢ of Contributions may ayced. &8 at this date no differctKe in th¢ ¢unent ¢Ontributi¢)n$ mounis is kmwn. 19. REIATED PARTY DISCLOSURES There weTe norelate4J prty ITtiOnS foryear entsl 31 August 2025. Page31
West Klrby Edu¢allonl Tru DEtalled St¥ltrnffit of FIMneMJl Aetlvilks f•r the Year End¢d 31 Au2us1211L% 31.8.25 31.8.24 INCOME AND ENDOWME]¥TS DonaLion$ Cwlribution to s¢hool trip5 11359 4262 11419 Cbrhble •¢tlv4iES School f¢¢s Pupil premium 11.384.528 23.840 419.1 7.836.729 29,794 241,639 11.827.567 8,108.162 (Xher income Hirit)B of facilitic5 14,4(N) 40,224 15.076 37,207 54,624 52.283 Totsl Ineoming resoure 11,886,453 8.171864 EXPENDITURE Chrltble •¢tlYiliu l)irca Fducation- Wage5 Residential we for pupils tArectEdwalion. Equipment DiTt Educ4tion- Aaivlties Playground hire 4.786.582 6.832 199.389 114.657 2.159 3.219.863 19,698 148J22 108J28 1,874 5,109.619 3,498,285 Supwt Costs Child Care- Ww ddjts 430,797 765,841 145 430.2 765.986 HuJD#n rtSOUf¢¢S 1,649,725 91.(KKt ,158,540 125,IKKI Peti5i¢Jll5 administtton 1,740.n5 1.283,540 This p¥ does not fonn of the 5tatuttry finaft¢ial statement5 Pag¢ 32
Klrby EdutAtlon41 Trnst Dtsiled StgtemeDt ofFlnueknl Attlvtiit5 for the Year Ended 31 August 2025 31.8.25 31.8.24 Hum•n resourte5 Cb•ritable rtivilitJ (excluding othtr tosts) Rares water In5uran¢e Advertising pOage and 51a¢ion Gns & landaping Buildings & plani Equipment & repaivs Provi510ris Clc&nin& laundry & hygia Trwel SundriG5 Trwning Pmf¢55l0r fee5 Subs¢ription5 cOmper wsts Telephone Frtthold pro Plant and mathinery Fixtures and fittings Computer eq1pm¢DI 210,988 144,600 51,959 49.760 19.945 255,995 89.085 228,486 52.144 69,259 18,906 114.988 232,761 47,311 60,713 18.369 241,558 134.973 86.930 17,876 211591 151,777 06.9tl> 41.620 31,239 252J84 81539 175,662 46,803 46,524 l4,381 IQI,606 225.776 44,083 92.8 13.539 179.029 107.417 58,559 8,725 2.146.a 1.954.104 Governamte Audilors, r¢muneralion Atxli¢ors' remun¢ration fornon audit work Imss on sale of tangible fixed ass¢ts 15.197 3.620 137,329 18.336 6,782 135.117 158.146 160.235 Trtal resour¢¢5 pended 9.585,898 7,662.150 Ntl iDtorne 2,31XI.555 510,714 Thi5 pag¢ does not fomi part ofthe statutrmy fin8ncia] staiements Pa8e 33