## **COVENTRY SCHOOL EDUCATION TRUST** **A C C O U N T S For the year ended 31 August 2025** ## **COVENTRY SCHOOL EDUCATION TRUST** ## **Annual report for the year ended 31 August 2025** The Trustees of the Charity who served throughout the year are: Mr. Brendan Connor (Chair) Mr. Michael Butler Mr Christopher Jones Ms Ann Weitzel Dr Caroline Rhodes Mr Jonathan Thompson Registered Charity number: 504837 Any correspondence should be addressed to the Chair at Coventry School Foundation, Kenilworth Road, Coventry CV3 6PT. The trust is established to provide financial assistance to pupils of the senior schools of the Coventry School Foundation who are unable to continue their education due to unforseen circumstances. The Trust has continued to support the Coventry Schools Foundation Senior Schools by providing urgent funding for pupils whose education has been put at risk by unexpected changes within family circumstances. This type of financial support falls within in the objects of the Charity asset out in the Trust Deed. The Trustees envisage that there will be a continuing need for such support and the demand is likely to increase rather than diminish in future years. Despite the volatile context of world politics, the economic performance of the Trusts investments has not been adversely affected as world stock markets have maintained an upward trajectory over the year. The impact of President Trump’s tariff policies has not had a sustained negative impact despite the fall in stock markets in the early months of 2025. The war in Ukraine continues to add to political uncertainties as does the situation in Gaza. The independent education sector continues to deal with the cost pressures on energy and public sector wage rises as they influence teaching and support salaries and pension costs, The prospective impact of the VAT imposition will inevitably worsen the financial position of Coventry School Foundation as the numbers of pupils will inevitably decline. The scale of the reduction may put at risk the current structure of the schools and the range of its educational provision. The next year is likely to be a difficult period for independent schools nationally and the CSF will not be immune to the effects. The Trustees will continue to provide support including the potential provision of ‘start up’ funding for alumni donation schemes. Initial discussions on such a scheme have been initiated with the Foundation and should be concluded next financial year. I am grateful to our professional advisers and my fellow Trustees for their continued support. Brendan Connor (Jun 9, 2026 20:09:46 GMT+1) …………………………………………………… Mr Brendan Connor Chairman Date: 09/06/26 Page 1 **CC16a** **Charity Name** **The Coventry School Education Trust** **No (if any) 504837** ## **Receipts and payments accounts** Period start date Period end date **For the period from To** 01/09/2024 31/08/2025 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**43,605**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**43,605**
**347,932**
**841**
**348,773**
**392,378**
**225,000**
**1,140**
**3**
**8,436**
**-**
**-**
**-**
**-**
**-**
**234,579**
**143,612**
**-**
**143,612**
**378,191**
**14,187**
**-**
**105,540**
**119,727**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total**
**funds**
**to the**
**nearest £**
**43,605**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**43,605**
**347,932**
**841**
**348,773**
**392,378**
**225,000**
**1,140**
**3**
**8,436**
**-**
**-**
**-**
**-**
**-**
**234,579**
**143,612**
**-**
**143,612**
**378,191**
**14,187**|**Total**
**funds**
**to the**
**nearest £**
**43,605**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**43,605**
**347,932**
**841**
**348,773**
**392,378**
**225,000**
**1,140**
**3**
**8,436**
**-**
**-**
**-**
**-**
**-**
**234,579**
**143,612**
**-**
**143,612**
**378,191**
**14,187**|**Last year**
**to the**
**nearest £**| |---|---|---|---|---|---|---| |Investment income|**43,605**|||||**44,845**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for AR)_|**43,605**|||||**44,845**| |||||||| |**A2 Asset and investment sales**||||||| |Sale of investments|**347,932**|||||**210,496**| |Capital receipts from investments|**841**|||||**405**| |**_Sub total_**|**348,773**|||||**210,901**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**255,746**| |||||||| |Donations (Bursaries)|**225,000**|||||**-**| |Professional fees|**1,140**|||||**-**| |Bank charges|**3**|||||**1**| |Investment management charges|**8,436**|||||**8,391**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**234,579**|||||**8,392**| |||||||| |**A4 Asset and investment purchases**||||||| |Purchases of investments|**143,612**|||||**231,474**| ||**-**|||||| |**_Sub total_ **|**143,612**|||||**231,474**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**239,866**| |||||||| ||**14,187**|**-**|**-**|**14,187**||**15,880**| ||**-**|**-**|**-**|**-**||**-**| ||**105,540**|**-**|**-**|**105,540**||**89,660**| ||**119,727**|**-**|**-**|**119,727**||**105,540**| Page 2 ||||**Charity Name**
**The Coventry School Education Trust**|**Charity Name**
**The Coventry School Education Trust**|**Charity Name**
**The Coventry School Education Trust**|**No (if any)**
**504837**|**No (if any)**
**504837**|**No (if any)**
**504837**|**CC16a**| |---|---|---|---|---|---|---|---|---|---| ||||**For the period**
**from**|Period start date
01/09/2024|**To**|Peri
3|od end date
1/08/2025||| ||||||||||| |**Section B Statement of**||**assets and liabilities at the end of the period**|||||||| |**Categories**
**B5 Liabilities**
Signed by one or two trustees on beha
all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|lf|of|Signature
**Details**
Bank current account
Stockbroker held accounts
**Details**
Quoted shares and securities
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
rendan Connor (Jun 9, 2026 20:09:46 GMT+1)
ristopher Jones (Jun 10, 2026 20:28:33 GMT+1)||**Unrestricted**
**funds**
**to nearest £**
**42,374**
**77,354**
**-**||**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**||**Endowment**
**funds**
**to nearest £**| ||||||**42,374**||**-**||**-**| ||||||**77,354**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||**119,728**||**-**||**-**| ||||||OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**Fund to which**
**asset belongs**
**Unrestricted**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**||||OK| ||||||||||**Endowment**
**funds**
**to nearest £**| ||||||||||**-**| ||||||||||**-**| ||||||||||**Current value**
**(optional)**| ||||||||||**1,236,179**| ||||||||||**-**| ||||||||||**1,236,179**| ||||||||||**Current value**
**(optional)**| ||||||||||**-**| ||||||||||**-**| ||||||||||**-**| ||||||||||**When due**
**(optional)**| ||||||||||| ||||||||||| ||||Signature||Print Name||||Date of
approval| ||||||Brendan Connor||||/06/26| |||B|rendan Connor (Jun 9, 2026 20:09:46 G||||||| ||||||Christopher Jones||||2/06/26| |||Ch|ristopher Jones (Jun 10, 2026 20:28:33 G||||||| page 3 ## **COVENTRY SCHOOL EDUCATION TRUST** ## **Notes to the Account for the year ended 31 August 2024** ## 1 **Accounting Policies** The Annual Report and Accounts have been prepared on a receipts and payments basis, taking advantage of the exemptions available to small charities because the charity is not a limited company and the gross income during the accounting period (excluding sale of investments) does not exceed £250,000 annually. a) All voluntary income is accounted for gross when received b) Investment income is accounted for when received c) All expenditure is accounted for gross and when paid d) Bursaries payable are recognised as expenditure when paid e) All investments are stated at market value with cost shown for comparison purposes Page 4 ## **Independent Examiner’s Report to the Trustees of COVENTRY SCHOOL EDUCATION TRUST** I report to the charity trustees on my examintation of the accounts of the charity for the year ended 31 August 2024 which are set out on pages 2 to 4. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed It is my responsibility to: - examine the accounts (under section 145 of the 2011 Act); - follow the procedures laid down in the General Directions given by the Charity Commission (under section - 145(5)(b) of the 2011 Act); and - state whether particular matters have come to my attention. ## **Basis of independent examiner’s report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below. In connection with my examination, no matter has come to my attention: - 1) Which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that: - proper accounting records are kept in accordance with section 130 of the 2011 Act: and - accounts are prepared which agree with the accounting records and to comply with the accounting requirements - of the 2011 Act; or - 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Richard Condon FCA CTA Francis Webbs Chartered Accountants Suite 2, Scala Offices 115a Far Gosford Street, Coventry, CV1 5EA > Date: 10/06/26 Page 5 2026-06-10 ## CSET Accounts 31.8.2025 FINAL Final Audit Report Created: 2026-06-09 By: Richard Condon (richard.condon@franciswebbs.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAerLIUnFCZ2Hl8OsphzI5kLjadITd1_5b ## "CSET Accounts 31.8.2025 FINAL" History Document created by Richard Condon (richard.condon@franciswebbs.co.uk) 2026-06-09 - 1:08:09 PM GMT Document emailed to Brendan Connor (connorbrendan@btinternet.com) for signature 2026-06-09 - 1:08:13 PM GMT Document emailed to Christopher Jones (chriskundert550@gmail.com) for signature 2026-06-09 - 1:08:14 PM GMT Document emailed to Richard Condon (richard.condon@franciswebbs.co.uk) for signature 2026-06-09 - 1:08:14 PM GMT Email viewed by Brendan Connor (connorbrendan@btinternet.com) 2026-06-09 - 3:29:57 PM GMT Document e-signed by Brendan Connor (connorbrendan@btinternet.com) Signature Date: 2026-06-09 - 7:09:46 PM GMT - Time Source: server - Signature Appearance Selected: MOBILE_DRAW Email viewed by Christopher Jones (chriskundert550@gmail.com) 2026-06-10 - 10:50:31 AM GMT Document e-signed by Christopher Jones (chriskundert550@gmail.com) Signature Date: 2026-06-10 - 7:28:33 PM GMT - Time Source: server - Signature Appearance Selected: MOBILE_DRAW Email viewed by Richard Condon (richard.condon@franciswebbs.co.uk) 2026-06-10 - 9:02:57 PM GMT Document e-signed by Richard Condon (richard.condon@franciswebbs.co.uk) Signature Date: 2026-06-10 - 9:05:07 PM GMT - Time Source: server - Signature Appearance Selected: MOBILE_IMAGE Agreement completed. 2026-06-10 - 9:05:07 PM GMT