REGISTERED CHARITY NUMBER: 511469
Report of the Trusttes and
Financial Statements for the Year Ended 31 December 2022
for
WArriDgton Church ol England
Educational Trust

Warrington Church of EnglaDd
EducatioBal Trust
Contents of the FiD3Dcial Statements
lor tbe Year Ended 31 December 2022
Page
Report of the Trustees
Report of the Illdepelldent Auditor5
StatemeDt of Finatteial Activities
BalaDet Sheet
Notes to the Financial Statements
9 to 17
Detailed Statement of Financial Actii'ities
18

Warrington Church of England
Edllcational Trust
Report ofthe Trustees
for the Year Ended 31 December 2022
The tTU5tees present their report iyith the fmancial stsiements of the charity for the year ended 31 Decetnber 2022. The
tNsiees have adopted the provisions of Accouniints and Reporting by Charities.. Statement of Re¢ommended Practice
applicable to chariiies preparing their accounts in accordance ivith tbe Fillancial Reporting Srandard applicable in the
UK and Republic of Ireland (FRS 102} (effective l January 2019).
OBJECTIVES AND AcfivITIES
Objective5 and airns
The trustee5 confwm that they have referred to the guidance contsined in the Charity Commissions general guidance on
public benefit ivhen revieii'ing the charitys aims and objectives and in planning ￿tUre activities.
The principal aciiviiies of the charity, as stated by the objecis in the Memordndum and Articles of Association are as
Trustee of Church of England School properties located within the borough of Warrin¥on and in this role it provides
support to the schools by way of repair grants.
GrantmAkiNg
The charity has nom)ally provided grants up lo 50/0 of building repairs improvernents and capital projects required by
the school of which the charity is a trustee.
ACHIEVEMENT AND PERFORMANCE
Rei'iew of the Year
In the }'ear there has been continuing demand on the Trust for grdnts to assist iTrith the govemorfs proportion for building
improveTn¢nt projects ii'hich are cuttently progres5 at the Trusis SCh￿Is.
In the year no building grants were senled.
The trustees have continued discussions ￿'1th Liverpool Dioc¢se regarding the proposed lease of the old infant school at
St Margaret's Church and li is aniicipated that a fornul lease ivill be fmalised shortly.
Two schools have converted io academies joining the Liverpool Diocesan Schools trust. All Saints. Glazebury and St
Helens. Hollinfare.
In the year total incotne atnounted to £25.726 and ioial expenditure atnounted to £14.144 ￿h1¢h resulted in a net f]ow
infloii. of resources before other recognised gains and losses of £1 1,582. Ai ihe balance theet date ihe geneTal reserve
amounted to £65.874,630.
InTr'e5trnent strategy
The Trustee5 hai'e appoinied investmeni brokeTS and the broker5 have been insirncied to adopt a prudent approach to the
ana£tment of the invesimeni portfolio to attempt to mainthin capital value ¥Trhilst still generating an acceptable retum.
At the >'eai end the investment portfolio amounted to £l,i07.?55 and in the opinion of the Trustee5 the uninvested
surplu5 reserves are held as insurance giyen the current unpredicthbility of ihe current ivorld econom}, in respect of the
markei values of the Charitys inve5tmenis.
FINANCIAL REVIEW
Ini'e5tment polici. objeetii.es
The TIusiee5 after tak"in? professional advice have invested the Charityls free reserves in a ￿lAtUre (Trf unit trust5, listed
investments and deposii fiinds. The Tnark-et i'alue of such ini'esmients amounted to £1.307 ?55 ai the year end. The
investment advi5er5 indicate an aniicipaied annual ieiurn of 1.6010 is fore¢￿, generating £20,916 per annum to ¢ov¢r the
expected expendiiure of the Charity..

Warrington Church of England
Edutational Trusl
Report of the Trustees
for the Year Ended 31 December 21J22
FINANCIAL REVIEW
Reserves policy
The Trustees have established a policy ivhereby the unrestricted fiJnd5 not Cotnmitted or invested in tangible fixed assets
are to be invested, so that the return they generdte is suificient to rneet the ex￿cted expend1ft￿e for the next 12 months.
The Trustee5 policy also establi5he5 a provision for future major capital projects as in order to discharge the TNst's
discretionary payments on capiial projects ir can make a cotntnittnent of 5Q/o. Ai the current lime it is anticipated that
building works will noi be ai such a high level due to the government'5 austerity measures and therefore the T￿￿te¢S are
carefully revieiving their medium term flljancial commitmen
The Trustees feel that this will ensure the Charity will be able to maintain its CUTreiit activities in the absence of any
other fi￿ding or income.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Management of the Charit).
The Charity 15 governed by its eottstitution &$ approved by Her Majesty in Council on 23rd May 1952.
The Charity is managed by its board of tswstees of which a minimum of 8 mu5É be present ai any one meeting. All
matteT5 are determined by a majority of the voles of those tswsiees pre5enL
The body of trustees of the chariry should consist of a panel of tsventy Iwo persons comprising of.. -
l. One ex-officio m￿lee, the Rector of w￿l￿gton,
2. Eighteen nominated ttustees, one of ii.hich io be appointed bj the Liverpool DiiKesan Board of Educaiion and the
further Seventeen to be appointed by each Patochial chl￿Ch Councils, ii'here there is a tN5t school
3. One representaiive irusiee, co be appointed b), Warrington Borouthts Council as Local Education Authority,
4. Two co-optaiive trustees. 10 be appointed by resolution of the trustees
Temis of appointment of trustees-
l. The representative trustee shall be appointed a lem of ihree years.
2. The nominaied Irusiee io be appoinred by the Liverpool Diocesan Board of Education shall be appointed for a term of
three )'ears
3. The nominaied trustees to be appointed by the Parochial Church Councils shall be appointed each for the tem of one
year.
4. The co-optative truslees shall be appointed for a terni of five years.
A Standing Committee ha5 been appointed io take responsibility for the day to day administration of the TNst, subject to
policies and guidelines laid do1￿ by the In]ste¢s. Thi5 cornprises of:_
Mr P S Speed
Mr R H BinJo am
Mr J D Bygate
Dr C Kressel
Reverend S Cowan
Risk rnanagement
Ihe iru5tees have a duty to identify and review the risks io i&hich the charity is exposed and to ensure appropriate
controls are in place io provide reasonable a55urance against fraud and error.
Page 2

WarringtoD Church of England
Educational Trust
Report of the Trustees
for the Year Ended 31 December 2022
REFERENCE AND ADMJNISTRATIVE DETAILS
The trustees ivho seryed duTing the }'ear ￿ere as folloii's.'-
Reverend J L St¢venton- Chaityerson
Mr P S Speed - Vice Chairnjan
AppoiMted by Parochial Cburch Councits
Si Elphins, Warrington
Christ ChU￿h. Padoate
St Andrews. Orford
Si Ann's. Warrington
St Barnabas, Warrington
St James Laichford C.E., Latchlord
St Margaret's, Orford
St Mattheivs. Strellon
St Philip's, Westbrook
St Thornas,, Siocknon Heath
St Wilfrid's. Grappenhall
Birchwo(Kl Parish
Woolston Parish
Cinnamon Blow Parish
Si Helen5, Hollinfare
All Saini& Glazebury
Si James. Westbrook
St 0s￿a]d's. Winivick
Mr E Collinson
Reverend S Cowan
Dr C Kres5el
Mrs F Ireland
Mrs J K Hodgson
Mr P S Speed
Mr J D Bygate
Mr N Fainveather
Reverend T McLoughlin
Mr S Brisioiv
Ms V Piowting
Mr5 J Rodd}'
Mr P Smalley
Dioee5an Tru5tee5
Mr S Harrison
Livetpool Diocese
LEA Trustee
Councillor D Friend (deceased 21st May 2023)
Co-opted Trustees
Mr R H Bingham
CHARITABLE STATUS
Registered Address
? I Palin)'ra SquaTe, Warrington WAI I BW
Charit>. Number
511469
Auditors
Voise>' &- Co LLP, 8 WinmarleiJts StreeL WaTrington WAI IJW
Prineipxl BaNkers
National Wesrmin5tei Bank PLC. 23 Sanke). Street w8￿ingtOn WA I IXH
Solicitors
Ta)'1gr Rose TTKIV Limited, 1-5 Palm}Tr Square South. Warrinoion WAI I BZ
Ini'estment Manager
Evelji) Partners, Ro)al Liver Building. Pier Head, Liverpool L3 INY
Page 3

Warrington Church of England
Educational Trust
Report of the Trustees
for the Year Ended 31 December 2022
STATEMENT OFTRUSTEES, RESPONSIBILITIES
The trusiees are r¢5pon5ible for preparsno ihe Report of the Trustees and the financial staiements in accordance with
applicable laiv and United Kingdom Accounting SraThdard5 (United Kingdoln Generally Aeeepted A¢counting Practice)
including Financial Reporting Standard 102 "The Financial Rewjrting Sthndard applicabl¢ in the UK and Republic of
Ireland"
The law applicable to chartties in England and Wales, the Charitie5 Act 2011, Chariry (Accounts and Reports)
Regulations 2008 and the provisions of the trust deed requires the M￿tee5 to prepare financial statement5 for each
fmancial year which give a true and fair vieiv of the stsie of affairs of ihe charity and of the incoming resources and
application of resources, including the income and expendiDJre. of the charity for thai period. In preparing those
financial staiements, the trustees are required to
select suitable accouniing wlicies and then apply them consi5tentty'
observe the methods and printiples in the Charity SORP-
make judgetnents and estimate5 that are reasonable and prndent.
prepare the financial 5tstements on the going concern basÈs unless it is inappropriate to presume that the charity ivill
continue in business.
The tN%tees are responsible for keeping proper accounling records disclose with reasonable accuracy ai any time
the fmancial position of ihe charity and io enable them io ensur¢ that the finoncial staiements colnply wilh the Charities
Act 2011. the Charity {Accounts and Reports) Regulations 2008 and the provisions of the mist deed. They are also
respoDsible for safeguarding the assets of the ctwiry and hence for iaking reasonable 5tep% for the prevention and
detection of fraud and other irregulariiies.
Approved by order of the board of M￿te¢S on 12 March 2024 and signed on its behalf by..
Mr P S Speed- Tn￿tee
Pa4e 4

Report of the IndepeRdeTht Auditors to the Trustees of
Warrington Church of England
Educational Trust
OpitLiOll
We have audited the financial statements of wa￿Engton Church of England Educational Trust (Ihe 'chariW) for the year
ended 31 December 2022 ivhich comprise the S￿lement of Financial Aciiviiies. the Balance Sheet and notes to the
financial statements, including a summary of significant accounting policies. The financial reporting fratneii'oTk thai has
been applied in their preparation is applicable laiv and Uniied Kingdom Accounting Standard5 (Uniled Kingdom
Generally Accepted Ateounttng Practice), includino Financial Reporting Standatd 102 'The Financial Reporting
Standard applicable in the UK and Republic of Ireland..
In our opinion the fmancial statements..
give a true and fair vieiy of the State of the chari￿5 affairs as at 31 tkc¢mber 2022 and of its illCOtniDg resources and
application of resources. for the year ihen ended-
have been properly prepared in accordance iTrith United Kingdom Generally Accepted Accounting PTatiice, including
Fhnancial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
have been prepared in accordance the requirements of the Chariiies Act 2011.
Basis for opinion
We conducted our audit in ac¢ord8nc¢ ivith Inlernational Standard5 on Audiling (UK) {ISAs (UK)) and applicable law.
Our responsibiliiies under those siandards are ￿rther de￿ribed in the Auditors. responsibilities for the audit of the
financial statemetlts section of our report. We are independent o(the charity in aecordanee i%'ith the ethical requirements
that are relevant to our audit of the finartcial statements in the UK, including the FRC'S Ethical Standard, and ive have
fulfilled our other eihieal responsibiliiies in accordance iiith these requirements. We believe thai the audii evidence we
have obtained i5 sufficient and appropriate to proTride a basis for our opinion.
Conclusions relating to going concern
In audiiino ihe financial staiemenis: li'e have concluded that the trustees. use of the going concern basis of accounting in
the prepaiaiion of the fu]aneial statements is appropriaie.
Based on the w'ork ive have perfornied, Ive have not identified an>. material uncertainiies relating io events or conditions
that, individuall). or collectively, ma}, casl significant doubt on ihe chorit)'s ability. lo continue as a going concern for a
period of ai leasi li￿e1ve months from iihen ihe fu￿£la1 stsiements are authorised for issue.
Our responsibiliiies and Éhe responsibiliiies of the Th￿tee5 wilh respeci to going concern are described in the relevant
Sections of this report.
Other inforrnatio
The trusiees are responsible for the other Inforn￿ll0n. The other inforn]aiion comprises the inforniation included in the
Ar￿Ual Report, other than the f￿anCial Statements and our Report of the Independent Audiiots thereon.
Our opinion on the financial siatemenis does noi cover the other inforn)aiion and. except io ihe exient othernvise
explicitlj. stated in our report. Ive do not expre55 an), form of assurance conclusion thereon.
In connection ivith our audit of the finaD¢ial statetnent5, our r￿pOnsIbIlity, is to read the other inforniation and, in doing
so, consider ii'heiher rhe oiher inforniation is maieriall!. inconsisieni ii'ith ihe financial siatements or OUT knoii'ledge
obtained in the audit or otheThi"ise appears to be materiall). mi55tated. If identify. such material inconsistencies or
apparent maierial missiaiemenis. li'e are required io deierniine ii'heiher iliis gi￿eS rise ¢0 a Inaterial misstatement in the
financial statements themselvts. If, based on the ii.oik ii"e have performed, ii"e conclude that theie is a maierial
misstaiement of ihis other infonnation: i%'e aTe required to report ihai fact_ We have nothing to report in this regard.
Matters on il'hich are required to report bi. exception
We liai'e nothinq io report in respect of the folloii.ino matter5 iithere the Charitie5 {Ac¢ount5 and Report%) Re?ulalions
2008 requires us io repon io }'ou if, in our opinion..
the information given in the Report of the Trustee5 is incon515tent in alty material respect l%'Lth the financial
siatemenis., or
sufficient accountine records have not been kept.. or
the financial siaiemenis are noi in eemeni ii'iih ihe accouniino records and reEUrnS: or
i¥e have not re¢eii'ed all the inforn￿tIon and elplanations ii"e require for our audit.
Page 5

Report of the Jndepend¢Dt Auditors to the T￿slee5 of
Warrington Church of England
Educational Trust
Responsibilities of trustees
As explained more fully in the Sts￿ment of Trusiees, Responsibilities. Ihe trnstee5 are responsible for ihe preparation of
the flriancial Statements which give a Ne and fair vieiv, and for such iniemal control as the trustees detemiine is
necessary to enable the preparation of fmancial slatements that are free from maierial misstatement, Ivhether due Èo fraud
or error.
In preparing the fmancial statements. the tTU5tees are responsible for assessing the charity'5 ability to continue as a going
concern, di5c105ing, as applicable, matters related to going concem and using the going concern basis of accounting
unless ihe itustees either intend to liquidate the chariry or io cease operation4 or have no realisiic aliernative but to do
Our responsibilitie5 for the audit of the financial statements
W¢ have been appointed as audiiors under Section 144 of the Charities Aci 2011 and report in accordance with the Acl
and relevant regulations made or having effeci thereunder.
Our objective5 are to obtain reasonable assurance about ivhether the fmancial statements as a ivhole are free from
material missiatement, Ivhether due to fraud or error. and to issue a Report of the Independent Auditors that includes our
opinion. Reasonable ￿suranCe is a high level of assurnice, but is noi a guarantee that an audit conducted in accordance
Iviih ISA5 (UK) w'ill alivay5 detect a maierial misstatemenl i¥hen it exists. Missiaiements can arise froln fraud or error
and are considered material if, individually or in the wgare. the), could reasonably be expected to influence the
e¢onotnic decisions of users iaken on the basi5 of these f]nancial statements.
The extent to ivhich our procedures are capable of detecting irregularities. including fraud is detailed below-
- enquiry of T￿le¢S around actual INAeniial liiigaiion and claims.
e identified the laii'5 and regulatiOE]s applicable to the charity through discussions with the trusiees. and fr(Trrn our
knoivledge of other charities in the sector.
the identsfied laii'5 and re£ulations Ii'ere communica￿[ to the audit team and %%rre considered during our audit testing
work.,
i*'e review'ed the charity's controls and pr¢Kedure5 the Trustee& ihey ￿ere considered (or material Iveakne55es
during ihe audit.
e assessed ihe extent of compliance i1.ith the laiv5 and regulaiions identified above by making enquiries of
management, inspecting legal correspondence and revieiiiDg trustee meeting minuies.
A further description of our responsibiliiies for the audit of the financial siaremeDts 15 located on the Financial Reporting
Council's iTrebsite at wrnM.frc.org.uLlaudiioTsrespon5ibilities. This desciip(ion forn15 part of gur Report of the
Independent AuditOTS.
Ust ofour report
Thi5 report 15 rnade solely io the Charl￿ s m]stees, as a b(bd}', in accordance ￿'11h Part 4 of the Charities (Accounts and
Reports) Regulations 2008. Our audit iTrork has been undertaken so that li'e miJu ]t state to Ihe charity'5 trustee5 those
tnatter5 we ale required to siaie io ihem in an audit(Trrs' report and for no oiher purpose. To the ￿lIest extent pemiitted by
laiv, li'e do not accept or assume re5POt]sÈbilit)' io an}'one oiher than the charity and the charity's tTUStees as a body, for
our audit ivork, for (his report or for the ophnion5 haye fomied.
Voise).
Co LLP
8 Winmarleiuh Street
Warrington
Cheshire
WAI IJW
12 March 2024
Page 6

Warrington Church of England
Educational Trust
Statement of Financial Aeti%"ities
for the Year Ended 31 December 2022
31.12.22
Unrestricted
nd
31.12.21
Total
fijnds
Noies
INCOME AND ENDOWMEf4TS FROM
Donations and legacies
22
Charitable activitie5
Property insurance premiums
4,597
4,153
Investment income
21,107
17,413
Total
25.726
21,588
EXPENDITURE ON
Raising funds
10,363
10,209
Charitable activÉties
General
Property insurdnce premiums
Management and adrnini5tration
(840)
4,597
24
11.160
4,153
Total
14.144
25.522
Nei gains1(losses) on investments
(62.302)
153,653
NET INCOMEI{EXPENDITURE)
Other recognised gains1{losses)
Gains on revaluation of fi.xed psseis
(50,720)
149,719
1,829,457
Net moi'ement funds
(iO,7?0)
1,979,176
RECOINCILIATION OF FUNDS
Total fund5 broughi foTri'ard
65.925,350
63,946,174
TOT AL FUNDS CARRIED FORIVARD
65,874.630
65,925,350
The notes forn] part of these fmancial statements

WarringtoTh Cburch of England
Educatiollal Trust
Balance Sheet
31 DeCe￿ber 2022
31.12.22
Unrestricted
fi￿d
31.12.21
Total
nds
Notes
FIXED ASSETS
Tan(Tible assets
Ini'e5tments
Investment5
Invesmient property
63,718,415
63.718.415
1,307,255
750,000
1,368,547
750,000
10
65,775,670
65,836,962
CURRENT ASSETS
Debiors
Cash at bank
7,028
94,092
4,207
91,141
101.120
95,348
CREDITORS
Arnounis falling due iyithin one year
12
(2,160)
{6.960)
NET CURRENT ASSETS
98,960
88,388
TOT AL ASSETS LESS CURRENT
LIABILITIES
65.874.630
65.925.350
NET ASSETS
65,874.630
65,925,350
FUNDS
Unrestricted funds
13
65,874,630
65,925,350
TOTAL FUNDS
65,874.630
65,925,350
The financial statetnents ivere approved b), the Board of Trnsiee5 and authorised for issue on 12 March 2024 and ii'ere
signed on its behalf by-
Mr P S Speed- Trustee
The notes forn) pan of these financial siaiements

WarriDgton Church of EnglaThd
EdueatioThal Trusl
Notes to the Fillancial St3ternents
for the Year EDded 31 December 2022
ACCOUNTING POLICIES
Basi5 of preparing the financial State￿ellts
The financial stateznents of the charity,, u'hich is a public benefit entity under FRS 102. have been prepared in
accordance with the Charities SORP (FRS 10?) 'Accounting and Reporting by Chatitie5= Statement of
Recommended Practice applicable to charities preparing their account5 in accordance ivith the Financial
Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),.
Financial Reporting Stmdard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Aci 2011. The r]nan¢ial ststements have been prepared under the historical cost
conveniion. with the exception of investments i%'hich are included at ￿arket value. as modified b). the revaluation
of certain asset5.
The fmancial statements are presented in Pounds Sterling.
Monetary amounts in these fmancial statements are rounded to the nearesi £.
Finan£tal reporting standard 102- reduced disclosure exemptions
The charity has iaken advantaoe of the folloi¥'ino disclosure eit￿p(l￿n& in preparing ihese financial 51atements,
as pernjitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,:
the requirements of SectÉon 7 Statement of Cash Flows.
Accounting judgements and ke!. 50urce5 of ￿timation ullcertainty
In the application of the Chariry's accountin
policies, the Trusi is required to make judgeFnents, estimates and
assumptions about the carryin£ amount of assets and liabilities that are not readily appareni from other sources.
The estimates and associated 355UmPtion5 are based on hisiorical experience and other factors considered of
relevance. Actual results ma), differ from ihose estirnates, and und¢rl}'ing assumptions are continuall), revieived.
Rei'isions io estimates are recogJi5ed in the peri￿ in ivhich the estimate is rev15ed if the revision affects onl},
Ihat period or in the period of revision and future periods if the revision affects boih Cu￿en[ and fijture periods.
The following are the areas of critical judgemenis thai management have Tnade in the process of appl>'ing the
entity'5 accounting policies.
Going concern
After rnak-i￿g enquiries. the irnsiees haye a reasonable expxtation ihai the Chartti. has adequate resource5 to
ontinue in operaiional exisience for the foreseeable fuiure. Foi this reason. it Continues to adopt ihe going
coneem basi5 in preparing these financial statements.
There ale eurrently n(Tr sources of esiimaiion or uncertainty, that are judged io cause a si￿lf1¢an1 risk of material
adju5ttnent to the financial siaiements.
All income is reco￿)iS¢d in the Statement of Financial Activities once the charit). has eniitlemeni to the fiinds. it
15 probable that the income ii'ill be receii'ed and the amount can be measured reliablN'.
Interest on fvnds held on deposii is included ii'hen rffeii'able and Ihe amouni can be measured reliabl}. b}. the
chariti thi5 is normall}. upon noiificaiion of ihe interest paid or pal'able bi. the bank.. Dividends are recounised
once the dividend has been declared and notification has been received of the dividend due. This is norn)ally
upon notification b). our ini'e5tmeni adi'isor of ihe dividend )"ield of th¢ investmeni portfolio.
cofttinued...

WarriDgtoN Chureb of EnglaDd
EducatlODal Trust
Note5 to the Financial Statements- continued
ror the Year E￿ded 31 December 2022
ACCOUNTING POLICIES- continued
Expenditure
Liabilities are recognised as eX￿ndIture as soon as there is a legal or constw¢tive obljoaiion committing the
charity to that expendill￿e. it is probable thai a transfer of ¢conotnic benefits ￿111 be required in settlement and
the amount of the obligaÈion can be rnea5w￿ reliably. ExpendiNre is accounted for on an a¢crua15 basis and has
been classified under headings that aggregate all cost related 10 rhe category. Where costs cannot be directly
attributed to particular heading5 they have been allocated to activiiies on a basis consistent with the use of
resources.
R3i5ing funds
The costs of generating fimd5 consist of investmeni management costs and certain legal fees.
AllocatlOD #nd apportionment of c05t5
Overhead and support Costs have been allocated ￿h¥ten clmritable activilies and govemance.
Tangible fixed assets
School Buildings and Other Buildintss in Use.. These are valued in accordan¢e ivith the building sum insured
valuation for iTEswance pU￿oSe$ caTried out by the Ecclesiastical Insurdnce Office Limited in September 2017.
Included in the valuation5 are provisions for the c05t of hire of buildings to provide temporary accotntnodaiion
after datnaoe to or desiNcrion of schoo15. sutplusesldef1ci￿ arising on the revaluation ¢xerctse, less any loss on
disposals, are 5hoi%ih on the Siaiement of Financial Aciiviiies.
Depreciation: In accordance with the temis of trust on which the). are held, the school buildings and other
buildings have to be maintained in good iiorking order Én pefj)ewity and are therefore considered to have an
indefinite useful economic life.
Taxation
The charity is exempt from tax on its charithle aclivitie5.
Fund accounting
Unrestricted filnds can be used in ￿￿rdance iviih ihe charitable objectives at the discretion of the trusiees.
Re5trieted funds can onl}. be used for particular resrricied purposes ii'iihin ihe objects of the charity. Restrictions
arise ii'hen 5pecifLed b), the donor or i%"hen fi]nds are raised for particular testricied PUTpose5.
Further explanation of the nature and purpose of each fund is included in the notes to the fIt￿ntial staiemenls.
Grant5- Outgoing
Grants are accounted for in the year they are approve(L irrespective of ihe period covered.
Inl'estments
Investments are a forni of basic financial insttvment and are initially reco￿lSed at their transaciion value and
subsequentl}, Tnea5ured ai their fair i?lue a5 at the balance sheet date usinti the closing quoted rnarket price. Ihe
Statement of fmancial activities includes ihe nel gains and losses arising on revaluation and disposa15 throughout
the )ear.
The Trusi does not acquire put options. derivaiii'es or other Complex financial instruments. The niain fom of
financial risk faced by ihe charl￿, 15 that of i'olaiiliis. in equil). mark-et5 and invesiment Fnarkets due to i*'ider
economic conditions, the attitude of invesiors to investtnent risk. and changes in seniiment Concerning equiiies
and ivithin panicular 5ertors or sub sector
Reali5ed gains and 10sse5
All gains and losses are taken to the Siaiemeni of Financial Activities as ihe), arise. Realised ?ains and losse5 on
Invest￿entS are caltulaied as ihe difference betsi.een sales proceed5 and their openino cart)"'ino value or Iheir
purchase value if acquired subsequeni io the fit5È da!. of ihe financial )eai. Unrealised gains and 105ses are
calculated as Ihe difference bett%"een ihe fair i'alue at the )'eat end and Iheir cart)"'ints value. Realised and
unrealistd ini'esimeni gains and 1055e5 are combined in the Staten]ent of Financial Activities.
Page 10
coniinued...

Warrington Chureh of EThgl3Nd
Educational Trust
Notes to the Financial Statement5- Colltinued
for the Year Ended 31 December 2022
ACCOUNTING POLICIES- contlDued
Grant5- Outgoing
Irrecoi'erable VAT
LtTecoverable VAT is tharged against the expendiwre heading for ￿h1¢￿ it incurred.
Debtors
Trade and other debtOTS are reco￿]Sed at the settlement atnount due after any trade discount offered.
Prepajinenis are valued ai the amount prepaid net of an). trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and shon tern? highl>, liquid investtnent5 with a short mati]rity of
three months or less from the date of acquisition or opening of the deposit.
The TNSI Fund opetates a current account ivith a minimum £500 balance at all times with the tnajority of fi￿dS
in an interest bearing account. Ai cenain dales there ma). be a number of cheques drai%Tr but not presented to
result in the "overdra￿]. Position. Sufficient fi￿d5 8r¢ held in ihe business reserve to cover these cheques on
presentation by direct tran5f¢r.
Creditors and provisi0Th5
Creditors and provisions are recow)ised ￿here the charity. has a present obligaiion resulting from a past eveni
that ivill probably result in the transfer of filnds to a third pani, and ihe amount due io settle the oblioation Can be
measured or estimated reliablj.. Crediiors and provisions ate nOTETrall}' recogni5ed at their settlement amount after
alloiving for an), trdde discounts due.
Financial instruments
The trust onll. ha5 financial assers and financial liabiliiies of a kind that qualify. as basic financial instrunients.
Basic financial instrumenis are initiall}" reco￿lsed at tran5attion i'alue and subsequen(l>' measured ar iheir
seiilement value.
INVESTIMENT INCOIME
31.12.22
31.12.21
Rents received
Dividend income
Deposit account interest
CCLA deposii fund inieiest
Stockbrokers account interest
250
20,047
54
568
188
500
16,889
22
21,107
17,413
Patsell
continued...

Warrington Church of Eng12nd
Edutational Trust
Notes to the Financial Staternent5- continued
for the Year Ended 31 D¢c¢tnber 2022
RAISING FUNDS
Investment management costs
31.12.22
31.12.21
Portfolio management
10.363
10,209
SUPPORT COSTS
Governance
C05t5
Finance
Totals
General
Management and administraiion
(840)
(840)
24
24
24
(840)
{816)
Support C05ts, included in the above. are as folloivs-
31.12.22
31.12.21
Management
and
administration
Total
activities
Total
activities
General
Bank charges
Auditors. remunerJtion
Secretaries fees
24
24
2.160
(3,000)
2.160
(3.000)
2,160
9,000
(840)
?4
(816)
11,160
TRUSTEES. REMUf4ERATION AND BENEFITS
There ￿￿ere no tTusiees' remunerntion or other benefiis for the )-ear ended 31 December 2022 nor for the year
ended i l Decetnber ?021.
Trustees. tApenses
There w.ere no trusiees. expenses paid for the >'ear ended 31 December 2022 nor for ihe )'ear ended
31 December 2021.
STAFF COSTS
The charit), doe5 Ilot emplo>. an}. members of staff, hence, no member of staff received a Salary in excess of
£60.000. The Clerk to the Trustees perfomis all of the duiies required io administer the charit),.
Page 12
coniinued.

Warrington Church of England
Educational Trust
Notes to the Financial Stalements- continued
for the Year Ended 31 DeCe￿ber 2022
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMEfltS FROM
Donations and legacies
22
Charitable activities
Property insurance premium5
4,153
Investment income
17.413
Total
21,588
EXPENDITURE ON
Raising fimds
10,209
Charitable aetii'ities
General
Property insurance premiuYt]s
4.153
Total
25,522
Nei gains investments
153,653
NET INCOIME
Other recogni5ed gain51(105se5)
Gains on revaluation of fixed a55ets
149,719
1,829,457
Net moi'ement in fuDd5
1.979.176
RECONCILIATION OF FUNDS
Toial fi]nd5 brought foThvard
63,946,174
TOTAL FUNDS CARRIED FORIVARD
65,9?5.350
TANGIBLE FIXED ASSETS
Frtthold
propeny
Ground
rents
Totals
COST OR VALUATIOI
At l January 2022 and 31 December 2022
63.717,000
,415
63.718,415
NET BOOK VALUE
At 31 December 2022
63.717.000
1,415
6i.718,415
At 31 December 20?1
63.717.000
1,415
6i,718,415
13
eontinued...

Warrington Church of England
Educational Tru51
Notes to the Financial Statements- continued
for the Year Ended 31 Deeember 2022
TANGIBLE FIXED ASSETS- eontinued
Cost or valuation ai 31 December 2022 is represented by.
Freehold
property
Ground
reTLt5
Toia15
Valuation in 2021
63.717.000
1,415
63,718,415
The Trust's school buildings are included at a valuation based upon a report from the Trwt's insurers dated
September 2021 and th¢ trusitts are satisfied at these valuaiion5.
The net book arnouni ai 3 1st Decern￿r 2022 represents tangible fjxed assets used for the direct charitable
educational aciivity.
FIXED ASSET INVESTMENTS
Fixed
assei
invesiments
MARKET VALUE
At l January 20?2
Addirions
Disposals
Revaluations
1,368.547
122,852
(115.7261
(68,418)
Ai 31 DecembeT 2022
1,307,255
NET BOOK VALUE
At 31 December 2022
1,307.255
AÈ 31 December 2021
1,368,547
Quoted iDTr'estment &nal!'sis
31.12.22
Market value
31.1?.21
Markei value
Co
Cgst
Equities- UK
Overseas stocks
Other
Fixed interest- UK
CCLA Cash dep051ts
450.669
401,71YI
126.484
107,596
43.738
54? 166
466.885
159,854
94,612
43.738
392,891
389.756
86,614
176.296
43.170
494.206
500.334
126,746
204,092
43,170
1,130,191
1.307,255
1,088.728
1,368.547
Ai the )'ear end date the held the folloii'ing investTnent5 represeniing greater than 5 /0 of the re5pe¢tive ￿nd
investment portfolio.
Matket Value
69,568
Proportion of Fund
5.3?Q/ti
5.280/0
Edentree Amiry. European B Income
IShaTes Core FTSE 100 ETF GBP Income
Paue 14
continued...

Warrington Church ofEngland
Educational Trust
Not¢s to the Fin•Rci31 Statements- Conti￿lled
for the Year Ended 31 DeceThber 2022
FIXED ASSET INVESTMENTS- eontinu¢d
Cosi or valuation ai 31 Decetnber 2022 is repre5ent¢d by..
Fixed
asset
investtnents
Valuation in 2022
1.307,255
io.
INVESTMENT PROPERTY
FAIR VALUE
At l January 2022
and 31 Decetnber 2022
750,000
NET BOOK VALUE
At 31 December 2022
750,000
Ai 31 December 2021
750,000
The Trust has tsi'o investment properties both of ithich are fornicr School buildings as follows:
a) Fairfield and Hoivley Cotnmunity Centre. subject to a 21 year lease at a nominal rental to a local community
group. The property. is reflected ai the Truslees esiimate of its markei value of £500,000.
b) St Margaret's fortner infant school, the TrusE and Diocese of Liverp￿[ are in discussion in relation to tl)e
terms of the lease to enable use b}, St Marearei's church as a community centre. The propert), is reflected at the
Trll5tees esiimaÈe of its markei value of L?iO.000.
DEBTORS
31.12.22
31.12.21
Amounts falline due iTr'iihin one J'ear.
Other debtors
2,431
4,207
Amount5 falling due after Tnore than one >'ear".
Other debiors
4,597
Agbyegate atnounts
7,028
4.207
Page 15
contijiued...

Warrington Church of England
Educational Trust
Notes to the Financial Staternents- continued
ror the Year Ended 31 DeCe￿ber 2022
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22
31.12.21
Accrned expenses
2,160
6,960
13.
MOVEMENT IN FUNDS
Nei
movement
in fund5
At
31.12.22
At 1.1.22
Unrestrieted fund5
TNst Fund
65.925,350
(50,720) 65,874.630
TOTAL FUNDS
65,925,350
{50,720) 65,874,630
Net Tnovement in fwJd4 included in the above are as folloms:
Incoming
resources
Rcsources
expended
Gains and
losse5
Movemeni
in funds
Unrestricted fuDds
T)vst Fund
25.726
(14.1441
(62.302)
(50.720)
TOTAL FUNDS
25.726
(14.1441
(62.302)
{50.7201
Comparatii'es for tNoTr'ement in funds
Nei
movement
in funds
At
31.12.21
Ai 1.1.21
Unrestricted funds
Trust Fund
63,946,174
1.979,176
65,925,350
TOTAL FUNDS
63,946.174
1.979.176
65.925,350
Comparative net ¥novemeni in fi]nds, included in the above are as folloivs..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
Trust F4ll)d
21,588
{25,52?)
1,983,110
1,979,176
TOTAL FUP4DS
21,588
{?5,5??)
.983,510
1,979,176
Pag¢ 16
continued...

Warrington Church of England
Educational Trust
Notes to the Financi81 Statements- continued
for the Year Ended 31 December 2022
13.
MOVEMENT IN FUNDS- coDlinu¢d
A current year 12 months and prior year 12 months combined positiOD is as follows:
Net
ovetnent
in funds
At
31.12.22
At 1.1.21
Unrestrieted funds
Trust Fund
63,946,174
1,928,456
65,874,630
TOTAL FUNDS
63,946,174
1,928,456
65,874,630
A current year 12 months and prior year 12 months combined net rnovelnent in funds, included in the above are
as follows..
coming
resources
Resources
expended
Gaitts and
105ses
Movement
in fund5
Unrestriettd fund5
Trust Fund
47,314
(39,666)
1,920,808
1,928,456
TOTAL FUf4DS
47.314
(39.666)
1,920,808
1,928.456
14.
OTHER FINANCIAL COMMITMENTS
In the event thai one of the school buildings i%thich the Trust adminisiers becomes surplus to requirements as a
result of pupil demographic chanoe5 in the local area. In ihis circum5tan¢e if the trustees then decide to sell the
land and buildinJo of ihe school io a third part). and not reinvesi Ihe proceeds into a neiv school buildinr
In this
event the iTU51ees ma). be liable to iepai, all Wdnis made b}. goi'ernment fi]ndino ortsanisations in relation to the
school building. As ihe misiees Yleii" the likelih(*od of these events as remote no assessTnent ha5 been undertgken
for each school of the atnouni o(grants ￿'hICh ivould be repa)'able.
15.
RELATED PARTY DISCLOSURES
There ivere no related partj. ttansaciions for the }'ear ended 31 December 2022.
16.
FUNDS
Unrestricted fiJnd% cornprise those funds il'hich the ￿￿tee5 are frtt to use in accordance ii'ith th¢ charitable
objeciives.
Page 17

Wayrington Church of England
EducatioD*l Trust
Detailed Stat¢rnent of Financial Actii'itie$
for the Year Ended 31 December 2022
31.12.22
31.12.21
INCOME AND ENDOWMENTS
Donations and leg3cies
Donations
22
22
Investment intorne
Rents received
Dividend income
Deposit aceount interest
CCLA dep95jt fund interest
Siockbrokers account inieresi
250
20,047
54
568
188
500
16,889
22
21.107
17.413
Charitable acti%itie5
Insurance recharge income
4,597
4,153
Total incoming resources
25,726
21,588
EXPENDITURE
Ini'tstment management tosts
Portfolio management
10,363
10,209
Charitable actii'itie5
Insurance
4,597
4,153
Support cost5
Finance
Bank Charges
24
Go&ernance cost5
Auditors, iemutjeiation
Secretaries fees
2,160
{3,0001
2,160
9.000
{8401
Total resources eipended
14,144
25,522
Net ineornel(expeNditure) before gains and
1055es
11.582
{3.934)
Realised recognised gains and losses
Realised losse￿￿ainS on fixed asset investtnent5
6,116
6,133
Net income
17,698
2,199
This paoe does not form part of the 5taMtor)- financial statetnents
Page 18