2025-08-31-accounts - W G S Trust

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`SAILMIEISNOdSAY.SASLSNYLAOLNAWSLVLS`
`SSALSNYLAHLOLLHYOdsyYS.YOLIGNYLNSGNSd3CNI`
`SHILIALLOVTWIONVNISSOLNSAWSLVLS`	`cb`
`NOILISOdTWIONVNIS40LNAWALVLS`	`eb`
`SMO14HSV9AOLNAWSLVLS`	`vl`
`SLNAWALVLSTWIONVNIdSHLOLSALON`	`SL`

`TRUSTEES`	`LordLeeofTrafford(Chairman)DL,FCA`
	`MrR BaileyBA,ACA`
	`MrR BateLLB`
	`MrA BeardsworthMA(Cantab)ACACTA`
	`MrsSJHaslamBA`
	`MrCMPostonBSc,FCA`
	`MrsSESennBSc(Econ),ACA`
	`MrsR MunroBSc`
	`MsS VaddiMSc(Appointed12'*December2025)`
`ClerktotheTrustees`	`MrR Grant(Appointed1stSeptember2024)`
	`MrC CrossBA(Appointed22"April2025)`
`ADVISERS`
`Auditor`	`CroweU.K.LLP`
	`3Floor,StGeorge's`
	`House,56PeterStreet`
	`MANCHESTER`
	`M23NQ`
`Stockbrokers`	`BrownShipley`
	`3HardmanStreet`
	`Manchester`
	`M33HF`
`Banker`	`LloydsBank`
	`223FinneyLane`
	`HealdGreen`
	`Cheshire`
	`SK83PY`
`Registeredandprincipaloffice`	`WithingtonGirls’School`
	`WellingtonRoad`
	`Fallowfield`
	`Manchester`
	`M146BL`
`CharityNumber`	`505207`
`Constitution`	`TheCharityisunincorporatedandisgovernedbya TrustDeed`
	`dated5 May1976asamendedbyresolutionspassedon9`
	`September2025and27March2026.`

25 June 2026

		`Unrestricted`	`Restricted`		`Unrestricted`	`Restricted`
		`Funds`	`Funds`	`Total`	`Funds`	`Funds`	`Total`
		`2025`	`2025`	`2025`	`2024`	`2024`	`2024`
`INCOMEANDEXPENDITURE`	`Notes`
		`£`	`£`	`E`	`£`	`£`	`£`
`INCOME`
`Donations`		`40,195`	`280,185`	`320,380`	`283,469`	`221,992`	`505,461`
`ContributionsfromWithingtonGirls'School`		`-`	`-`	`+`	`-`	`462,925`	`462,925`
`InvestmentIncome`		`272,504`	`268,851`	`541,355`	`235,097`	`231,946`	`467,043`
`Totalincome`		`312,699`	`549,036`	`861,735`	`518,566`	`916,863`	`1,435,429`
`EXPENDITURE`
`Costsofraisingfunds`		`3,520`	`-`	`3,520`	`85,273`	`-`	`85,273`
		`3,520`	`-`	`3,520`	`85,273`	`-`	`85,273`
`Expenditureoncharitableactivities`
`BursariespaidinrespectofpupilsofWithington`	`4`	`-`	`-`	`4`	`-`	`864,480`	`864,480`
`Girls’School`
`DonationstoWithingtonGirls'School`		`-`	`500,000`	`500,000`	`-`	`-`	`-`
`AnnualFund`		`-`	`-`	`-`	`7,665`	`-`	`7,665`
`OtherCharitableExpenditure`		`15,961`	`-`	`15,961`	`21,147`	`-`	`21,147`
`TotalCharitableActivitiesExpenditure`		`15,961`	`500,000`	`515,961`	`28,812`	`864,480`	`893,292`
`Totalexpenditure`		`19,481`	`500,000`	`519,481`	`114,085`	`864,480`	`978,565`
`Netincomebeforegainsoninvestment`		`293,218`	`49,036`	`342,254`	`404,481`	`52,383`	`456,864`
`Netgainoninvestments`		`108,142`	`78,047`	`186,189`	`753,549`	`583,457`	`1,337,006`
`NETMOVEMENTINFUNDS`	`12`	`401,361`	`127,082`	`528,443`	`1,158,030`	`635,840`	`1,793,870`
`RECONCILIATIONOFFUNDS`
`TOTAL FUNDSBROUGHTFORWARD`	`12`	`5,637,501`	`4,068,680`	`9,706,181`	`4,479,471`	`3,432,840`	`7,912,311`
`TOTAL FUNDSCARRIEDFORWARD`	`12`	`6,038,861`	`4,195,763`	`10,234,624`	`5,637,501`	`4,068,680`	`9,706,181`

		`2025`		`2024`
	`Notes`	`£`	`£`		`£`
`INVESTMENTS`	`8`		`9,503,550`		`9,016,853`
`CURRENTASSETS`
`Debtors`	`9`	`103,516`		`81,103`
`Cash`	`10`	`774,573`		`625,914`
		`878,089`		`707,017`
`CREDITORS`
`Amountsfallingduewithinoneyear`	`11`	`(147,015)`		`(17,689)`
`NETCURRENTASSETS`			`731,074`		`689,328`
`NETASSETS`			`10,234,624`		`9,706,181`
`ACCUMULATEDFUNDS`
`Restricted`	`12`		`4,195,763`		`4,068,680`
`Unrestricted- notdesignated`	`12`		`6,038,861`		`5,637,501`
			`10,234,624`		`9,706,181`

	`2025`	`2024`
`Reconciliationofnetmovementinfundstonetcashflowfromoperatingactivities`
`Netmovementinfunds` `Interestincome` `Netgainoninvestments` `(Increase)indebtors` `Increaseincreditors`	`528,443` `(1,786)` `(186,189)` `(22,413)` `129,327`	`1,793,870` `(8,227)` `(1,337,006)` `(26,816)` `12,119`
`Netcashfromoperatingactivities`	`447,382`	`433,940`
`Cashflowsfrominvestingactivities` `Interestincome` `Purchaseofinvestments` `Disposalofinvestments`	`1,786` `(2,042,514)` `1,653,074`	`8,227` `(1,741,293)` `1,765,962`
`Cashusedininvestingactivities`	`(387,655)`	`32,896`
`Increaseincashequivalentsintheyear`	`59,727`	`466,836`
`Cashandcashequivalentsatthebeginningoftheyear`	`714,846`	`248,010`
`Totalcashandcashequivalentsattheendoftheyear`	`774,573`	`714,846`
`BreakdownofCashandCashEquivalents`			`£`
`LloydsBankCurrentAccount`		`625,914`
		`625,914`
`CashheldbyStockbrokers`		`88,932`
`Totalcashandcashequivalentsattheendoftheyear`	`774,573`	`714,846`

`STMENTINCOME`
	`2025`	`2024`
	`£`	`£`
`Bankinterest`	`1,786`	`8,227`
`DividendsonUKlistedinvestments`	`539,569` `541,355`	`458,816` `467,043`
`RAISINGCOSTS`	`2025`	`2024`
	`£`	`£`
`StaffcostsrechargedfromWithingtonGirls'School`	`-`	`71,403`
`Promotionalmaterials` `TelephoneCampaign` `GivingDay`	`1,695` `-` `-`	`5,894` `25` `5,174`
`Otherfundraisingcosts`	`1,825` `3,520`	`2,777` `85,273`
`ARIES`	`2025`	`2024`
	`£`	`£`
`Bursariespaid` `inrespectofpupilsofWithingtonGirls’School`	`:`	`864,480`

`5`	`DONATIONSTOWITHINGTONGIRLS'SCHOOL`
		`2025`	`2024`
	`DonationstoWithingtonGirls'School`	`£` `500,000`	`£` `-`
`6`	`ANNUALFUND`
		`2025`	`2024`
		`£`	`£`
	`PurchaseofequipmentforWithingtonGirls'School`	`-`	`7,665`
		`-`	`7,665`
`7`	`OTHERCHARITABLEEXPENDITURE`	`2025`	`2024`
		`£`	`£`
	`Sundryexpenses`	`1,536`	`1,754`
	`ClerktotheTrust`	`-`	`2,500`
	`Stockbrokingfee`	`660`	`660`
	`Postage`	`-`	`3,713`
	`Subscriptions`	`638`	`249`
	`Officeexpenses`	`594`	`1,743`
	`Databasesoftware`	`5,953`	`4,688`
	`TrusteeIndemnityInsurance`	`2,254`	`2,210`
	`GovernanceCosts`
	`AuditFees`	`4,326`	`3,630`
		`15,961`	`21,147`

`9`	`DEBTORS`
			`2025`	`2024`
			`£`	`f`
	`Incometax`	`recoverable`	`103,516`	`81,103`
			`103,516`	`81,103`
`10`	`CASHATBANK`
			`2025`	`2024`
			`£`	`£`
	`LloydsBank`	`CurrentAccount`	`774,573`	`625,914`
			`774,573`	`625,914`
`11`	`CREDITORS`
			`2025`	`2024`
			`£`	`£`
	`Amountsfallingduewithinoneyear`
	`Accruals`		`9,090`	`9,278`
	`AmountpayabletoWithingtonGirls’School`		`137,925`	`8,411`
			`147,015`	`17,689`
`12`	`ACCUMULATED`	`FUNDS`
			`2025`	`2024`
			`£`	`E`
	`RestrictedforBursarySupport`
	`At` `1September2024`		`4,068,680`	`3,432,840`
	`Netincome`	`beforegainsoninvestment`	`49,036`	`52,383`
	`Netgainon`	`investments`	`78,047`	`583,457`
	`At 31August`	`2025`	`4,195,763`	`4,068,680`
			`2025`	`2024`
			`£`	`£`
	`Unrestricted`	`-notdesignated`
	`At` `1September2024`		`5,637,501`	`4,479,471`
	`Netincome`	`beforegainsoninvestment`	`293,218`	`404,481`
	`Netgainon`	`investments`	`108,142`	`753,549`
	`At31August`	`2025`	`6,038,861`	`5,637,501`
	`Unrestricted`	`-designated`
	`At` `1September2024`
	`Netincome`	`beforegainsoninvestment`
	`At 31August`	`2025`
	`Total`		`10,234,624`	`9,706,181`

`FINANCIALINSTRUMENTS`
	`2025`	`2024`
	`£`	`£`
`Financialassetsmeasuredatamortisedcost(a)`	`878,089`	`707,017`
`Financialassetsmeasuredatfairvalue(b)`	`9,503,550`	`9,016,853`
`Financialliabilitiesmeasuredatamortisedcost(c)`	`(147,015)`	`(17,689)`
`Netfinancialassetsmeasuredatamortisedcost`
	`10,234,624`	`9,706,181`