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 C*sb Flow StAfement 14 to the C#5h Flow Stst¢m¢ut 15 Not¢s ¢0 the FknaMtl*l Ststw¢4ts 16 to 31 D￿lkI 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$t 2025 The Iruste¢s who ar¢ also dire¢tOT5 of the charity for th¢ purpo￿5 of Ehe Companits Act 2006, present their repJrt with the tinancial siat¢tnents of the charity foi. the year ended 31 August 2025. The Iruslees havc adopied thc provisions of Accounting atKi Reportin8 by Charities.. Statement of Recommend￿ Practice applicable lo charities prtparing IheTr accounts in accordance with thc Financi￿ Reporting Standard appli¢4bl¢ in the UK and Republic uf Ireland IFRS 1021 l¢ff¢ctive I January 20191. OWEcfivES AND ACTIVITIES Publit b¢ncfit The Trustees hawc carefully considered the Charity Commi55ion'5 general guiddnce on public benefit and in particular it5 supplemeniary public benefit Euidanu on advancing education and on fee-charging. Th¢ Tru51¢¢s consider IhaL the bchool meet5 the'Publi¢ Benefjt, requirement through the advancemeni of education, which provid¢s knefit to boih pupils and the wider community, aod that there are no unreasonable restriciiotts on participation. CommunSty Support '5'ht majority of staff ITL the TTUSt are S￿ar1ed. A number of volwiteers attend giving voluntary servire to th¢ Charity &nd 11$ schools durin8 tertn titnt, this include (but are not limited tol Irusiees dnd governors. The Charity would like to take this Op￿rtUnIty ro say h¢M much theii. continued, y￿Yed 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 ￿Cogni￿d by their Lo¢al Education Authority as having a diagnosis of lezrningt S￿la1. emotional. mental htalth and lor behaviourd ch&llenges. In order to mcet those objectives: the TA￿1¢¢5 Sel out Visions and Val￿S 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.. 0020￿18} Report ofthe Tru5ttt5 for tht YE4r EDded JI August 2025 STK4TEGIC REPORT Achievements Alld p¢rforn*nce Charitablt Attivitie5 I'he straiegic aims are met through departmental obj¢rtiv¢s. which are sei oui by the CEO, together with key Mem￿1$ 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 Tn￿letS 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 ar￿UallY. Childten gener￿[Y continue to prrforn up to and I￿ve 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 CU￿1¢u1￿M 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 c￿e 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$iee% and set at a level to enable the Charity to meet current commiltn¢nts, 5uppon future d¢velopment and ensure the Trusi's schools mnain al thc forefn)nt of providing for children and young people with cornplex difficuliie5 and S￿ial Educational Needs ar￿ Disabilities {SENDI. The increased complexity of some of OUT young people requires addition 5taffin8 suppori in some areas and a fee bandin8 st1￿lUre is in place. W¢ continue lo wot* closely with Loc8] Authorities to help them und¢rsiand Wh￿ scrvices are provided for the fees and we are committed to reviewing the fee structures further. A5 the employer, the TnLsiee5 remain evcr mindful of the pension sch￿ne liability despite ¢10sing the scheme to future a¢¢rual in July 2010. Following the Iriennial review as ai l April 2019, a revised Recovery Plan was pul. ill place. The official Trienniaj Valuation was carried out as at the end of August 2024, and it w&5 agreed that the reeDvery plan would ¢mtinue. 11)e Tn￿1¢¢$ 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 a5￿t$, tyre included in the fjnancial statetnertis at maTk¢t value. No restriaions Apply the Charity's investtncnt powers in respect vf schotsl fund5. Currenily ihe Charity hold5 a small inv¢simenl in COIF, remaining available fvnds bEing held in the current account. Pag¢ 2 Wtst Kirby Educational Trust Oitglsiertd Kumber: l)021KM)18) Report of thc Trn5tees for the Year Ended 31 AuEUSt 2025 STRATEGIC REPORT Fln4ntial review R¢$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¢s￿V¢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 tr*comes more establishcd. The free reserv¢s used to derive these figures are the cash balances adjusied foT wrreni credi￿r5. The Res¢rves Policy is due for review in Sep*mbeF 2025. to rcfleci the grO￿kn of the organis&tion. Future plans Future plans of the Charity continues 10 deliver on Ihc aims of the Sira*gi¢ 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 gra*ful. STRUCTURE, GOVERNANCE AND MANAGEMENT Govtrning dotumeht The chariry is colliroll¢d by its governing document, a deed of I￿St, 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 aB￿rt 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$iee5 The Dircciors of the company are also the Charity Trustees for the putposes of charity law. The Director5 musr be Members of the School and k Te-appoinicd at th¢ Annual General Meeting on a rotating b&Ri5. 'lThey can also b¢ appoinied ai any other tine ihroughvut tht year subject to Board approval. Direciors may ai any time ￿sign their office by a notice in writitsg or be retired by d r¢solulion of at lea¥ Ihre¥-fourths of the mcrnbcr5 present. Direciors shall TPSO facto vacate Iheir offi¢¢ if they cease (o be a mcmbEr of the School. A Tems of Reference Documen¢ was a￿ed in 2019 to Sup[￿rt the role of the Directors of the Charity. Page 3 West Kirby Edutatlonxl Trust (Registered number.. Tr)200018) Rtport ofthe Trknstee$ 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, CoMpl￿Y 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 t￿￿ntrInIng a sound sysiem of Int￿la] 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 pl￿ed utKm it by Ihe Sccreiary of Si&tr for Education atyA the Cotllmi55ion for Social Care InS￿¢tO￿te. 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 trnstt*5 Thcrc is a Recruitment Policy and ProceduT¢ in place for all Directors of ihe School (revised summer 20181. The ch￿rnan And Officers provide induction and irdining, through rcading material and attendance at courses. The R¢cruilm¢nl Policy and Pr￿￿Ure 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 eXI￿rne[Y Fxnsitive and h&% iheTefore d￿Clo[*d a systttn. which allows for the confidential rdising of concerns within the s¢hool environmenL Page 4 W¢st Klrby Edutltloll￿ Tru$t {ReElstered #umber: Iy121MXI8 R¢port •fth¢ TT•Stees for th¢ Yt4r EDdtd JI Auyst 21125 REFERENCE AND ADMINISTRATIVE DETAIIS R¢Eknrtd Comp8my (K)2{￿18 (£ngland and Wales) R¢￿tered Ch*rtty Dumb¢r 20779) Meols Drive West Kirby CH48 5DH Philip tkakin Iresigrted 27.11.24) Julie Maria Meny Stephen Peacock Melanie Sian Thom&s Fithcr Brian Bell Jonathan Whi¢worth Peter Neil Merity lappoin¢¢d 27.11.24) Gerry Flanagan (aptxTrinted l.11.241 MY5 Lynda Pownerlappotnled 22.9.25) Susan Pyatt lappoinknl 22.9.25) Mrs inui8e Arm Stholes laprA)inled 24.3.25} Voi5ey & Co LLP 8 WirmiarJ¢igh Stre¢¢ Warrington Cheshire WAI IJW SDllrl¢ord Stone King LLP Upper Borough Court UppEr Borough Wallls Bath BAI IRG Blnken Ha¢)delsbarhken Pk 101 BarbiTDlli Squar M2 3BG Pa￿5 Wfst Kirby gducationgl Trust {Registered numbtr: (Y)2(th18) Report ofthe Trnstst$ 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$t KiTby Sthool and Coll*gt) Headteacher- Richard Hicks lapwintrd 01109120241 Assistanl Headteacher- Steven Hulme Assistani Hcadicacher and SF.NDco- Jennifff Jones lappoirtted 01109r2024} Deputy HeadQa¢her- Peter Smith Depury Heado¥h¢r- Sarah Wilkinson Deputy HeadLeather- Daniel Flanagan SeDior IkAder$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 pU￿oSeS of company law) are respon5iblc for preparing the Rwrt ollhc 7'r￿st¢t5 and th¢ financial stai¢menls in accordance with applicable law and Uni*d Kingdorn Aceounting Stondard5 Iuniicd KinEdom Generally Accepted A(¢ounting Practice). Company laiv requi￿5 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¢ In￿lee$ 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 t￿lMateS Ihat are r¢&80nable and p￿￿ent,. 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 Educ*tionAI Trust (Reglstered number: fm200018} Report of theTru$tte5 for the YeAr Ended JI AuEllSt 2025 STATEMEf*T 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 ￿ll￿an1 uudit l#fomi￿10 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 RttommL*ded PradiLe: A¢couniing and RernTrrting by chariti￿ lIJ￿￿te 2, Publishcd O¢tokr 20181. R¢tH)rt olihc lNs￿L￿. incor￿traIlng 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 AC￿pted 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 AudI￿rS, 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 lT￿￿t¢s. use of the going ¢oJ)¢em basi5 of accounting in the preparation of the financial staiements is appropri*e. B¥ed on the work we have pvrforrned. we have not identifjed any material uncertainties relaiing to cvents or conditions thai, individu￿lY 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 a￿11( 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 Rel￿rt 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. (￿l￿11} MAtttTh whkh we or¢ vW￿lre￿ 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 a￿11 have not been Trccived from bran¢t*s visit¢d by ￿ OT the finan¢ial statements not in agY¢¢m¢nt with Ihe accoU￿ing 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 inforni*ion eXpla[￿tiOnS w¢ r¢quirt forowaudit. ReJponslbAlitits •ftrusteu A5 explained rn0￿ fully kn the Sts*m¢n¢ of TTh￿, R&%p)nsibiliii¢s, the tru5tee5 (who are also the di￿10[3 of the ¢h8ritable company for th¢ ￿r￿Se5 of ¢ompany law) are re5tM)n&ibl¢ for PIrpa￿tiOrt 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 p￿paration Orrmfrncl￿ statements ar¢ fr￿ from material misslatemenL due lo fraud or•Yor. In pwaring the fLfwLcial Mem¢nty the tr￿￿tte5 ar¢ ffsponsible for asse&sin8 the chorithbk c(MnP*LyS 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 re￿nable 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 exF*rted to influence the ttonomic decisions of user5 12ken on the basis of these financial ￿8￿ments. 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 wn*xl of the group and pamt charitable compajy, including review of relevant nominaj I￿ger 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 non￿mplIance 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 d￿Umentatio1) to a55ess compliance with the applicable laws and reglll*ions 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 appropri￿C￿e55. 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 collus￿0￿. 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 Ed￿tAtIOnAl 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 W￿p￿Y'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 ￿8￿Me resF*)nsibility to anyone other thgn thE charitable company and the C￿ritable 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 beh￿f of Vois¢y & Co LLP 8 WiDmarleigh Slreet WarTirtgton Cheshire WAI IPW 27 F¢Fw 2026 Pagell Wert KÈrby Edu¢Atloffjal Tnut ststen￿￿t of Fkn*neknl 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 Ch*rknbk *¢thltks Direct Ed￿allOn 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 Ch*Y#abk a¢livitseJ Dirxt Fkniort Childcare Servi￿$ Establishment Exp¢tLses SuprMTrrt Costs GoV￿anCe costs Scknl Costs 4.893.437 430.797 I,892.1￿2 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 Ot￿r 6,867 T•tsl 9.142.859 443,039 9,585,898 7.662.150 Nct 8altlrflos￿I 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 iTh￿ht 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 unr￿lri¢lcd fund Restric lunds Endowment lund Notrs FIXED ASSETS 'Ja￿Bible *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¢*tion*lTrn 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 e*h eqNlv*k*ts kn the reportini period C4sh *Th41 c8sh ryuiv*i¢ats at the bryinDiD8 of the rel￿1Th1 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 Slat￿entS Page 14 Welt Klrby FAlllc*ltoD￿Trnt 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 re￿1 p¢rfod perth¢ Sl•tme•tofFlna*ti*l A¢tlvltlr51 Adjustments for: Ikwe¢i8tion Gharge5 I￿gain) 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¢ t￿t¢S fomi moftkse financial stytemet Page IS West Kirby Educ8tiomil Trn$t Noi¢s to the Fln*ncRIl Ststsmthts ror th¢ Year Ended 31 Augu$¢ 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 22*d 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 fore￿ab]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 tre￿d as de￿orS 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. - Don*d 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 ￿T￿strICted 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. EX￿ndItuTe 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 Car￿0t be directly atLribuied ￿ particular headings they have been all1￿4*d to a¢tivities based on xtual $tsff time 5pEnt. Charitable expenditure comprises those c05t5 incurr¢d by the ¢hoTity in the delivery of its activities and sErvice5. Page 16 ¢oniinued... Wt5t Klrby Edu¢•tional Trust Note5 to the Finin¢i#l Stwterntnt5- ¢ontillued for the YeAr EMd¢d 31 August 2025 ACCOUNTING POLICIES- continued Expenditure Governance costs include those Co5￿ a5sociaied with meeting thc statutory requirem¢nt5 of the charity and includ¢ the audit lee and costs linked 10 the strategic management of thc ch8Jity. . Costs of generdlin8 fijttds comprise costs ￿r￿lated with attrncting voluntary income and th¢ costs of resources. T*ngible r￿ed gsstts Tangible fixed ￿eLs are slated al hisioricaj cosi less a¢rutnulat¢d deprcciaiion and any accumula￿ impaimieni losses. Ilistorical cosi includ¢5 eX￿ndItUTe thai is directly aiiributhle io bringing th¢ assei to the IIKarion and condition nccc5sary for it to k capable of operatin8 in the manD¢r intended by management. Freehold property Plani and machinery Fixtures and finings mO￿T vehi¢l¢s Computer equipment Nil- Land, 2%- Buildings Strdighi line over 15 years Straight line over 10 years 20% on ¢ost 33% on cost The opitalisaiion policy is tK) les5 than the Stated amounts.. Fre¢hold property- £l,(K)O Plani and Machinery- £51K> Fixiures and Fi¢iings- £250 Computer equipment- £250 Fixed 25sels are reviewed for impasrments annua]ly. Di5P05a15 are authorised 21 the y&ir thd. T¥¥gti0 Th¢ tharity is exempt from ¢orpDration on its charitable 3ct1vitl￿. Fund atcounting Uniestricied fvnd5 be used in accordancc with the ¢han'table obj¢ctive5 al the discretion of the tNsÈees. The general fund is an unresiricted fund and i5 available to meet the expenses of the school. Re$tri¢ted fund5 can only bt used for particular reslricied purpose5 within th¢ objects of the charity. Eiestriciion5 arise when S￿cIfied by thc donor orwhen fund5 are raised for partitular ￿Strict¢d pUrpO￿S. 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 Sta*meni of Financial A¢tiwitie5. The current pension deficit has been provided for in ac¢oTdance with FRS IO2. Page 17 ontinued... Wejt Kirby Edycational Tr￿t Note5 to the Finan¢i¥l Statements- ¢ontinu¢d for the YeRr Ended 31 August 2025 ACCOUNTING POLICIES- ¢ontinued Pension costs aDd othèr posi-reti￿rneDt 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 fin9￿claI in51ruments- rrAde debtors, other debtors, prepaym¢nt5, tr&de ¢rcditor%. oiher erediiots, accrua15 and deferred in¢otne. Financial in￿ruments 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'FIni￿riaI 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 a￿1 cl&55, the doreciation policy of each t￿lMateS 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 ex￿rience 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$, managcment are Icquired to estimate the recoveiable amount of the individual gsseis ¢oncerncd. Managernent judgement is applied to de￿M)ille if revenue and cosis should be recognised in the curreni p¢riod. DONATIONS AND LEGACIES 31.8.25 31.8.24 Donations Contribution to school trips 4,262 12.359 4,262 12,419 Page 18 Continued.. W¢¥1 Klrby EducAtloul TrMs¢ IYote5 10 the Fin8ntiil StattmMts- eontlmued for tt* Ye4r gnded JI AMEUSt 2025 INCOME FROM CHARITABLE ACTivrriES 31.8.25 31.8.24 A¢livity Dijw EduG*ion Direct E41u¢ation Dirtti Educatio Sch￿1 fees Pypil premium 11.384.528 23.840 419.199 7,836,729 241.639 11,827.567 8.108,162 CHARITABLE ACTIVITIFS cosrs Support ¢osts (sec nthe 6) Direct Tdals Direcl Edwation Childcare Service5 Esthlishmenl Expen5e5 Supwt C05t5 Govemance costs School ￿lSIOn costs 5,109.619 5,109.624 430,797 1118,954 1,811.558 23,965 91.IXK) 430,797 2.118.954 lJll.558 23,965 91.IXKI 5.IIW,619 4.476,279 9,585.898 SUPPORT COSTS Clwitable aclivities {excluding Hwnan MaMgurtcnt re￿￿TC¢S ¢05ts1 Tctsb Dire¢L Edu¢ation Childcare S¢TV5CC5 Esthblishment Expenses Suprxm Costs Govcrnance costs Sch￿1 t*n$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 Fln*DclAI 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 lo￿tees, 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 M￿thlY 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 Dome￿1¢ & 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¢*dN*lTrnt Noles to the Flnanel•l St*tements- 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 d￿￿81 ReClassifJcati05Vtr￿f¢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¢rn￿r2024 Additions Disposals Reci￿lfiCatIOn 95.253 56.290 {23.7421 14.797,714 855.222 1289.5971 53.889 464,189 At 31 Aug￿81 2025 127,803 518,078 15,363,339 DEPRECIATION At I SeNemF*r2024 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 I￿luded rn c05t or voluation of land and l)uildings 1$ r￿Id land of £30,1KK> which is not thtttciated. Pa8¢ 22 C4XltinueAI... Wtst Klrby Edwat10￿1 Trot Nolu to the Fin•Tr¢l*l Stst¢ments- eontin•ed forthe Year Ended 31 Autust 2025 IL FIXEDA&SET INVEsfMEWIS LIs￿d invcstments Unlis*d investments Tota MARKET VALUE At I September 2024 ReV￿UatIOnS 126.031 (4.484) 126.032 14.484) At 31 Aug￿￿1 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: Lis*d lnvc5thj￿ts 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 b￿lTreSs.. Dorniorbt Cl&*8 of share.. Ordinary I￿lding i￿) 31.8.25 31.8.24 A8￿¢ ¢4pital a￿A 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 c￿l￿￿ed... We5¢ Kjrby Ed￿￿t10th￿ Tr*5t Nott5 to the Fkn•Jd*l SI*frrnEnts- continued ror the Y¢4t E#ded JI A¥yst 2025 13. DEBTORS. ¢onthi*d 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 Oth￿Cl¢di10rS A￿￿15 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¢illDn*l Trnst Noles to the FIn￿ethI St*teththts- continued for the Y¢*r E*ded 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 Ful￿1￿4 443,039 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[L￿ThIng 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 FAluc*tlon•l Trnt Notes to the FIDamtl*l St•¢ewents- ¢￿tiNued for tke Yexr Ended 31 August 2025 17. mOVEmE￿r IN FUNDS- wnllttlled A owrent y￿r 12 monthsand prior year 12 montlLS c￿biry￿ 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¢ven*d fffnn 5rKtLdin8 atd must remain part of the School'5 Capital. Th¢ as*ts of the erthTrwm¢n( are invest¢d in a CCLA, COIF Chartties It)vestM￿l 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 reATi*d f￿￿$, with the expendttur¢, mects the conditi￿S o¢i*ed with the grdnts, also ailoGu*d to theserewicted fwids. Page 26 )tLnud.. Wtst Kirby Edu¢ationil Tru¥t Nott$ ¢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 5￿ft), the ￿se(S of whi¢h are held in a sep8Taie (ru5tee adminisiered fvnd. In May 2￿2 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 qu￿l[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 Page 28 continued... Wut KITby Tru Note5 to the Fln*nthl 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 rA￿lOn plan5 31.8.25 31.8.24 Opening fairvalue of Scheme &8sets Interest in¢omeJ¢(tst contriF￿110ns by employer Administy*ion ¢xpense5 Bcnefits paid Rcturn on plaTh awty{exr1￿jlnB 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 bet￿fil 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 5d￿e as a per¢ent8geof total schcme a85els ar¢ as follows". DCr￿Kd benefit pension plan5 31.8.25 31.8.24 65.60% 61.2￿ 19.95% 24.26% 14.45% 14.45% Equity. rKoperry & ot￿r 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 We￿hled 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 2￿6 Mortality after TCtireJnent Inflation linked in¢reas¢s in payment Post 31 Marth 2006 The Tnort￿lty rdies are base rates in accordart￿ with the S3PMA and S3PFA iables published by the Actuarial profession. An allOw￿te 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. Memb￿5 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$5urned to retire at 88t 65 for benefit5 accruEd after 31 March 2f)05. It is assumed that 75% of membcr5 al retirement will be m•Tied or have an earlier deaih whils¢ the wives ar¢ e*imaled to bc ) years younger. fvnding obllgatlon The Tru51ees are required to oul an actuaria] valuation every 3 Y¢￿s. The most recent a¢luari￿ vaIuation of the Plan was pcrfonned by the Scheme Actuary for the TnJst¢es a5 al l April 2022. Which concluded on a rontinuaiion of the plan fjrst en&thed in 2019. The valuation in 2022 revealed a funding Shortfall of £820,(hX). To ￿mOVe this shortfall, Ihe school agreed io pay contributions as follows.. - annual contribuiions of £140,0(N) yayable rnonthly in arrears over the period I September 2022 10 31 Mar¢h 2028. Page 30 wntinued... Wu¢ Klrby Edut*tlon•l TryJ¢ ror the Yeir Ende4131 Allgu￿ 2025 KMPLOYEE BENEFITOBLIGATIONS- eothtlmued In athjilion, ¢0 cover the ongoing ex￿￿$ of nmning the pkn. th¢ sch￿1 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 a￿￿ntIn8 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 IT￿tiOnS for￿￿year entsl 31 August 2025. Page31 West Klrby Edu¢allon*l 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 Cb*rh*ble •¢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 Ch*rlt*ble •¢tlYiliu l)irca Fducation- Wage5 Residential we for pupils tArectEdwalion. Equipment DiT￿t 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 administt*ton 1,740.n5 1.283,540 This p¥ does not fonn of the 5tatuttry finaft¢ial statement5 Pag¢ 32 Klrby EdutAtlon41 Trnst D*tsiled StgtemeDt ofFln*ueknl 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 pO￿age and 51a¢ion G*ns & land￿aping Buildings & plani Equipment & repaivs Provi510ris Clc&nin& laundry & hygia Trwel SundriG5 Trwning Pmf¢55l0r￿ fee5 Subs¢ription5 cOmp￿er wsts Telephone Frtthold pro￿ Plant and mathinery Fixtures and fittings Computer eq￿1pm¢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