REGISTERED CHARTTY NUMBER: 511469
Report of the Trustees and
Finaneial Statements for the Year Ended 31 December 2023
for
Warrington Church of England
Ed￿￿tional Trust

WarringtOD Chureh of EnglaDd
Educational Trust
Contents ofthe Financial Statements
for the Year Ended 31 December 2023
Page
Rew)rt of the Trnstees
Report of Ihe IDdependent Auditors
ststement of FiDaneial Activities
Balance Sheet
Notes to the Financial Statements
10 to 17
Detailed Statement of Finaneial Activities
18 to 19

Warrington Churcb of England
Educational Trust
Report of the Trustees
for the Year Ended 31 December 2023
The trustees present their report with the fllJancia] ststements of the charity for the year ended 31 December 2023. The
trustees have adopted the pr()visions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (effective l January 2019).
OWECTIVES AND AcfiviTIES
Objectives and aims
The principal activities of the charity, as stated by the objects in the constitution are as Tn￿ee of Church of England
School prop¢rties located within the borough of WaTrington and in this role it provides support to the schools by way of
repair and capital grants.
Public benefit
The tn￿teeS confirni that they have referred to the guidanc¢ contained in the Charity Commissions general guidance on
Public Benefit when reviewing the charitys aims and objectives and when deciding on ￿ts.
Grantmaking
The charity has normally provided grants up to 50/0 of building repairs, improvements and capital projects required by
the school of which the charity is a trustee.
ACHIEVEMENf AI¥D PERFORMANCE
Review of the Year
In the year there has been continuing demand on the Trust for grdnts to assist with the governorfs proportion for building
improvemeTht projects which are currently in progress at the TnL8t's schools.
In the year no building grants were settled.
The trustees have continued discussions with Liverpool Diocese regarding the proposed le&se of the old infant school at
St Margaret's Church and it is anticipated that a fortnal lease will be fmalised shortly.
Three schools have now converted to academies with two schools joining the Liveryyool Diocesan Schools Trust All
Saints. Glazebury and St Helens, Hollinfare and one school joining the Chester Diocesan Schools Trust St Matthews.
Stretton.
In the year total incom¢ amounted to £33,388 and total expenditure amounted to £19,053 resulted in a llet flow
inflow of resources before other iecognised gains and losses of £14.335. At the balance sheet date the general reserve
amounted to £65,955,467.
Inve51ment strategy
The Trustees have appointed investment brokers and the brokers have been insinicted to adopt a prudent approach to the
management of the investment portfolio to attempt to maintain capital value whilst still generating an acceptable return.
At the year end the investment portfolio amounted to £1,418,899 and in the opinion of the Tn￿tee9 the uninvested
surplus reserves are held as insurdnce given the current unpredictability of the current world economy in respect of the
market values of the Charity's investments.
FINANCIAL REVIEW
Investment policy 2nd objeetives
The Trnstees after taking professional advice have invested the Charitys free reserves in a mixture of unit trusts, listed
investments and deposit funds. The market value of such investsnents amoijnted to £1,418,899 at the year end. The
investment advisers indicate an anticipated annual return of 2.10/0 15 forecasl generating £29.720 per annum to cover the
expected expenditure of the Ch￿Lty.
Page I

Warrington Chureh of England
Educational Trust
Report of the Trnstees
for the Year Ended 31 December 21)23
FINANCIAL REVIEW
Reserves policy
The Trustees have established a policy whereby the Unrestricted fimds not committed or invested in tangible fLxed assets
are to be investe(L so that the return they generate is sufficient to meet the expected expenditure for the next 12 months.
The T￿￿teeS policy also establishes a provision for fvture major capital projects as in order to discharge the Tn￿t'S
discretionary payments on capital projects it catt make a commitment of 50/0. At the current time it is anticipated that
building works will not be at such a high level du¢ to the govemmenvs austerity measures and therefore the Tr￿tee5 are
carefijlly reviewing their medium term financial commitments.
The TnLStees feel that this will ensure the Charity will be able to maintain its CUTrent activities in the absence of any
other funding or income.
STRUCTURE, GOVERNANCE AND MANAGEMEI¥T
Management of the Charity
The Charity is governed by its constitution as approved by Her Majety in Council on 23rd May 1952.
The Charity is managed by its board of trustees of which a minimum of 8 must be present at any one meeting. All
matters are deternlined by a majority of the votes of those tntstees present.
The body of ttwtees of the charity should CODSiSt of a panel of twenty two persons comprising of: _
l. One ex-oificio trLLStee, the Rector of Warringto
2. Eigbteen nominated trustees, one of which to be appointed by the LiveTpooI Diocesan Board of Education and the
fiffther Seventeen to be appointed by each Parochial Church Counctls, where there is a trust school
3. One representative tn￿tee, to be appointed by WarTington Borough Council as Local Education Authority,
4. Two co-optative trustees, to be appointed by resolution of the trustees
Tern]s of appointment of trustees:
l. The representative trustee sball be appointed for a terni of three years.
2. The nominated trustee to be appointed by the Livery)ool Diocesan Board of Education shall be appointed for a term of
three years
3. The nominated trustees to be appointed by the Parochial Church Councils shall be appointed each for the tern] of one
year.
4. The co-oplative ttvstees shall be appointed for a terni of five ytrdrs.
A Standing Con)mittee has been appointed to take responsibility for the day to day administration of the TrusL subject to
policies and guideline5 laid down by the ttustees. This comprises of: .
Mr P S Speed
Mr R H Bingham
Mr J D Bygate
Dr C Kressel
Reverend S Cowan
Mrs J K Hodgson
Rpsk management
The t￿Stee5 have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
Page 2

Warrington Church of EnglaDd
Educational Trust
Report ofthe Truslee5
for the Year Ended 31 December 2023
REFERENCE AND ADMINISTRATIVE DETAILS
The trust¢es who served during the year were as follows:.
Reverend J L Steventon - Cbairperson
Mr P S Speed - Vice Chainnan
Appointed by Parochial Church Councils
St Elphins, Warrington
Christ Churcm Padgate
St Andrew4 Orford
St Ann's, Warrington
St Barnabas, Warrington
St James Latchford C.E., Latchford
St Margarevs. Orford
St Matthews, Stretton
St Philip's. Westbrook
St ThonTrs', Stocknon Heath
St Wilfrid'5, Grnppenhall
Birchwood Parish
Woolston Parish
St Helens. Hollinfare
All Saints, Glazebury
St James, Westbrook
St Oswald's, Winwick
Mr E Collinson
Reverend S Cowan
Dr C Kressel
Mrs F Ireland
Mrs J K Hodgson
Mrs C M Whiteway
Mr P S Speed
Mr J D Bygate
Mr N Fairweather
Mrs J tkach
Mr P Smalley
Diocesan Trustees
Liverpool Dioces¢
LEA Trustee
Councillor S Parish
Co-opted Trustees
Mr R H Bingham
CHAIUTABLE STATUS
Registered Address
The Rectory, 129 Church StreeL WwTington WAI 2TL
Charity Number
511469
Auditors
Voisey & Co LLP, 8 Winmarleigh Stre¢L Warrington WAJ IJW
Principal Bankers
National Westminster Bank PLC. 23 Sankey Street Warrington WAI I XH
Solicitors
Taylor Rose TTKW Limite4 1-5 Palmyra sqlla￿ South. Warrington WAI I BZ
Investment Manager
Evelim PaTtners, Royal Liver Buildin& Pier Head, Liverpool L3 INY
Page 3

Warrington Churcb of England
EducatAoDal Trust
Report of the Trusttts
for the Year Ended 31 December 2023
STATEMENT OF TRUSTEES, RESPONSIBILrriES
The trustees are responsible for preparing the Report of the TTUStees and the financial ststements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
including Financial Reporting Standard 102 'The Financial Repirting Standard applicable in the UK and Republic of
Ireland"
The law applicable to Charities in England and Wale5. the Charities Act 2011. Charity (Accounts and Reports)
Regulations 2008 and the provisions of the trust deed requires the t￿￿tee5 to prepare financial statements for each
fll)ancial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and
application of resources, including the income and expenditure, of the charity for that period. In preparing those
financial ststements, the tn￿te¢S are required to
select suitable accounting policies and then apply them consistentty;
observe the methods and principles in the Charity SORP.
make judgements and estimates that are reasonable and pnMlenL
piepare the fmancial statements on the going concern basis unless it is inappropriate to presume that the charity will
continue in business.
The t￿￿teeS are responsible for keeping proper accounting records which disclose with reasonable accuracy at any tirne
the fllwicial position of the charity and to enable them to ensure that the financial staternents comply with the Charities
Act 2011, the Charity (Accounts and Reports) Regulations 21)08 and the provisions of the trust deed. They also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Approved by order of the board of t￿￿te¢S on 25 April 2024 and signed on its behalf by:
Mr P S Speed - Tn￿tee
Page 4

Report of the Independent Auditors to the Trusttts of
WarringtOD Church of England
Eduealional Trust
Opinion
We have audited the financial statements of Warrington Church of England Ethicational Trust (the 'charity) for the year
ended 31 December 2023 which comprise the Statement of Fitwicial Activities, the Balance Sheet and notes to the
fmancial ststements, including a summary of significant accountlng policies. The financial reporting fratnework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom
Generdlly Accepted Accounting Practice). including Financial Reporting Swkdard 102 'The Financial Reporting
Standard applicable in the UK and Republic of Ireland..
In our opinion the financial statements:
give a true and fair view of the state of the charitys affairs &s at 31 December 2023 and of its incoming resources and
application of resources. for the year then ended.
have been properly prepared in accordance witb United Kingdom Generally Accepted Accounting Practice, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for OPiniOD
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are fiwther deKribed in the Auditors. responsibilities for the audit of tbe
fmancial statements section of our report. We are independent of the charity in accordance with the ethical requirements
that are relevant to our audit of the financial statements in the UK including the FRC'S Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the fllW]cial statements, we have concluded that the trustees. use of the going concern basis of accounting in
the preparation of the fu￿1claI staternents is appropriate.
Based on the work we have perfornie4 we have not identified any material uncertainties relating to events or conditions
that, individually or collectively, may cast significant doubt on the charitys ability to continue as a going concern for a
period of at least twelve months from when the flnancial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
section5 of this report.
Other information
The trustees are responsible for the other inforn￿tion. The other inforniation comprises the information included in the
Annual ReporL other than the financial statements and our Report of the Independent Auditors thereon.
Our opinkon on the fmancial statements does not cover the other infOrn￿tIon and except to the extent otherwise
explicitly stated in our repoQ we do not express any fotm of assurance conclusion thereon.
In connection with our audit of the fmancial ststements, our responsibility IS to Tead the other inforniation and, in doing
so, consider whether the other information is materially inconsistent with the fmancial ststements or our knowledge
obtained in the audit or otherwise appears to be materially misslated. If we identify such material inconsistencies or
apparent material misstatements. we are required to deterniine whether this gives rise to a material misstaternent in the
fmancial statements themselves. If. based on the work we have perfomie¢ we conclude that there is a material
misstatement of this other inf0rnthti0￿ we are required to report that fact. We have nothing to Teport in this regard.
Matters OD which we are required to report by exception
We have nothing to report in respect of the following matters where the Cbarities (Accounts and Reports) Regulations
2008 requires us to report to you if, in our opinion:
the inforniation given in the Report of the Tnjstees is inconsistent in any material respect with the Iwancial
ststements; or
sufficient accounting records have not been kept. or
the fmancial statements ate not in agreement with the accounting records and returns" or
we have not received all the information and explanations we require for our audit.
Page 5

Report of the Independent Auditors to the Trustees of
Warriugton Church of England
Educational Trust
Responsibilitie5 oftrustees
As explained more fully in the Statement of Tntstees, Responsibilities, the tr￿Ste¢S are responsible for the prepardtion of
the financial statements which give a true and fair view, and for such internal control as the trustees deterniine is
necessary to enable the preparation of fmancial statements that are free from material misstatemenL whether due to fraud
or error.
In preparing the fll)ancial statements, the I￿￿teeS are responsible for assessing the charitys ability to Continue as a going
concern. disclosin& as applicable, matters related to going concern and using the going concern basis of accounting
unless the tr￿SIteS either intend to liquidate the charity or to Cease operations. or have no realistic alternative but to do
so.
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act
and relevant regulations made or having effect thereunder.
Our objectives are to obtsin reasonable assurance about whether the fmancial statements as a whole are free from
material misstatement, wbether due to fraud or error, and to issue a Report of the Independent Auditors that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guardntee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatemeDt when it exists. Misststements can arise from fraud or error
and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users tsken on the basis of these financial statements.
The extent to which our procedwes are capable of detecting irregularities, including frdud is detailed below..
- enquiries are made of management and those charged with governance as to whether there is any knowledge of actual,
suspecte(t or alleged fraud, whether there is any known non-compliance with laws or regulations, and whether the
charity has been subject to any litigation or any legal claim.
- minutes of meetings of those charged with governance are reviewed.
- audit work over the risk of management ove￿Ide of controls is undertakeD. This includes testing of jOUTnal entries and
other adjusknents for appropriatene55. evaluating the charitable rationale of significant transactions outside the nornial
course of activity and reviewing accounting estimates for bias.
- ana1￿1¢al reviews are perfonned on the financial statements at all stages of the audit by comEMrison to prior years,
budgets and expectations to ensure the reasonableness of the figures therein.
- third party confmation is obtained from the charity's bankers to confirnl bank balances.
- detailed audit testing is undertaken in specific are&s to ensure that income and expenditure is correctly recorded and is
a genuine income or expense of the charity.
financial statement disclosures are reviewed and frsted to supporting documentation to assess compliance with
applicable laws and regulations.
Despite appropriate planning and perfonning ow wotk in accordance with International Auditing Standards, there are
always inherent limitations that non-compliance is not detected. Non-compliance with laws and regulations is often
further removed from the events and transactions reflected in the flnancial statements and material misstatements due to
fraud can be deliberdtely concealed from auditors. for example through MIS￿preSentation, forgery or coll￿￿10￿.
A fjjrthei descTiPtion of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at www.frc.org.uklauditorsresponsibiltties. This description forn￿ part of our Report of the
Independent Auditors.
Page 6

Report of the Independent Auditors to the Trnstees of
Warrington Church of EDgland
Educational Trust
Use of our report
This report is made solely to the charitys ti￿s, &s a body, in accordance with Part 4 of the Charities (Accounts and
Reports) Regulations 2008. Our audit work h&s been undertaken so that we might state to the charity'5 trustees those
matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent perniitted by
law, we do not accept or assume responsibility to anyone other than the charity aod the charitys trustees as a body, for
our audit WOTK for this repo¢ or for the opinions we have formed.
Co LLP
8 Winmarleigh Street
Warrington
Cheshire
WAI IJW
Z*fk
2)1
Page 7

WarrRngton Chureh of England
Educational Trust
Statement of Financial Activities
for the Year Ended 31 December 2023
31.12.23
Unrestricted
fund
31.12.22
Total
fimds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
422
22
Charilable activities
Property insurance premiums
5,173
4,597
tnvestment income
27,793
21,107
Total
33,388
25,726
EXPENDITURE ON
Raising funds
10,370
10,363
Charitable activities
Property insurance premium5
Management and administrdtion
5,173
3.510
4,597
(816)
Totsl
19,053
14,144
Net gains/{losses) on investments
66.502
(62.302)
NET INCOME/(EXPENDITURE)
80,837
(50,720)
RECONCILIATION OF FUNDS
Total fimds brought forward
65.874,630
65,925,350
TOTAL FUNDS CARiUED FORWARD
65,955,467
65,874,630
The notes forn) part of these fmancial statements

Warrington Church of England
Educational Trust
Balance Sbeet
31 December 2023
31.12.23
Unrestricted
fund
31.12.22
Total
funds
Notes
FIXED ASSETS
Tangible assets
Investments
Investments
Investment property
63,718.415
63.718,415
1.307,255
750,000
1,418,899
750,000
io
65,887.314
65,775,670
CURRENT ASSETS
Debtors
Cash at bank
11.683
60,790
7,028
94.092
72.473
101,120
CREDITORS
Amounts falling due within one year
12
(4,320)
(2,160)
NET CURRENT ASSETS
68,153
98,960
TOTAL ASSETS LESS CURRENr
LIABILITIES
65,955.467
65,874,630
NET ASSETS
65,955,467
65,874,630
FUNDS
Unrestricted funds
13
65,955,467
65,874,630
TOTAL FUNDS
65,955.467
65,874,630
The fmancial statements were approved by the Board of T￿￿ttts and authorised for issue on 25 April 2024 and were
signed on its behalf by:
Mr P S Speed- Trustee
The notes fonn part of these fllwicial statements
Paoe 9

WarriDgtoD Chureh of England
Educational Trnst
Noles to the Financial Statements
for the Year Ended 31 December 2023
ACCOUNTING POLICIES
Basfs of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102. have been prepa￿d in
accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of
Recommended Prdctice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 The Financial ReportiDg Standard applicable in the UK and Republic of
Ireland. and the Charities Act 2011. The fmancial statements have been prepared under the historical cost
Conventio￿ with the exception of inveslments which are included at market value, as modified by the revaluation
of certain assets.
The Charity is a Public Benefit Entity registered as a charity in England and Wales. It was fornied by approved
constitution on 23 May 1952 and registered as a charity on 22 June 1982.
At the time of approving the fmancial statements, the t￿￿teeS have a reasonable expectation that the charity h&s
adequate resources to continue in operdtional existence for the foreseeable future. Thus the tn￿teeS continue to
adopt the going concern basis of accounting in preparing the financial statements.
The presentation currency is £ sterling. Monetary amounts tn these fiDancial statements are rounded to the
nearest £.
Finaneial reporting standard 102 - reduced di￿10$ure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these fmancial statements, &s
perniitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,:
the requirements of Section 7 Statement of Cash Flows.
Accounting judgements and key sources of estimation uncertainty
In the application of the Charity5 accounting policies, the Tn￿l is required to make judgements, estimates and
assumptions about the carrying amount of ￿ets and liabilitie5 that are not readily apparent from other sources.
The estimates and associated assumptions are based on historical experience and other factors considered of
relevance. Actual results may differ from those estimates. and underlying &ssumption5 are continually reviewed.
Revisions to estirnates are recognised in the period in which the estimate is revised if the revision affects only
that period or in the period of revision and future periods if the revision affects both current and future periods.
The following are the areas of Critical judgements that management have made in the process of applying the
entity's accounting policies.
Going concern
After ttlaking enquiries. the trustees have a reasonable expectation that the Charity h&5 adequate resources to
continue in operational existence for the foreseeable future. For this reason. it continues to adopt the going
concem basis in preparing these financial statements.
There are currently no sources of estitnation or uncertainty that are judged to cause a significant risk of material
adjustment to the financial statements.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income WAII be received and the amount can be measured reliably.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
charity. this is nonnally upon notifjcation of the interest paid or payable by the barth. Dividends are recognised
once the dividend has been declared and notification has been received of the dividend due. This is nonnally
upon notification by our investment advisor of the dividend yield of the imvestment portfolio.
Page 10
continued...

Warring¢on Chureh of England
Educational Trust
Notes to the Financial Statements- continued
for the Year Ended 31 Deeember 2023
ACCOUIYTING POLICIES- eontinued
Expenditure
Liabilities are recognised as expenditt￿¢ as soon there is a legal or constructive obligation committing the
charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals b￿lS and h&s
been cl&ssified under headings that awegate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Grants offered subjert to conditions which have not been met at the year end date are noted as a commilment but
not accrued as expenditure.
Raising funds
The costs of generating fimds consist of investtnent rI￿ageMent costs and certain legal fees.
Allocation and apportlODment of eosts
Overhead and support costs have been allocated between charitable activities and governance.
Tangible fixed assets
School Buildings and Other Buildings in Use: These are valued in accordance with the building sum insured
valuation for insurance purposes catried out by the Ecclesiastical Insurdnce OtTi¢e in September 2021. Included
in the valuations are provisions for the cost of hire of buildiDgs to provide temporary accommodation after
damage to or destruction of schools. Surplusesldeficits arising on the revaluation exercise, less any loss on
disposal4 are shown on the Statement of Financial Activities.
Depreciation: In accordance with the temis of trust on whicb they are hel(L the school buildings and other
buildings have to be maintained in good working order in perpetuity and are therefore considered to have an
indefinite useful economic life.
Investments
Investments are a fonn of basic financial ins¢n￿ent and are initially recognised at their transaction value and
subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The
statement of financial activities includes the net gains and losses arising on revaluation and disposa15 throughout
the year.
The Trust does not acquire put options. derivatives or other complex financial instruments. The main forni of
fll)ancial risk faced by the charity is that of volatility in equity markets and invesknent markets due to wider
economic conditions, the attitude of investors to investment risl and changes in sentiment concerning equities
and within particular sectors or sub sectors.
Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on
investments are calculated a5 the difference between sales proceeds and their opening carying value or their
purchase value if acquired subsequent to the r￿st day of the fllthncial year. Unrealised gains and losse5 are
calculated as the difference between the fair value at the year end and their carying value. Realised and
unrealised investment gains and losses are combined in the Statement of Fi[￿1¢1a] Activities.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted fimds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the fmancial statements.
Pagell
continued...

Warrington Church of England
Educational Trust
Notes to the Financial Ststemeots - continued
for the Year Ended 31 December 2023
INVESTMENT INCOME
31.12.23
31.12.22
Rents received
Dividend income
Deposit account interest
CCLA dep051t fund interest
Stockbrokers account interest
250
20,047
54
568
188
24,482
429
1,952
930
27,793
21.107
RAISING FUNDS
Investment management costs
31.12.23
31.12.22
Portfolio management
10.370
10,363
SUPPORT COSTS
Governance
costs
Management and adrninistt7tion
3,160
Support costs, included in the above, are as follows:
31.12.23
Management
31.12.22
Total
activities
administration
Bank charges
Auditors, remuneration
Secretaries fees
24
2.160
(3,000)
2.160
1,000
3.160
(816)
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31 December 2023 nor for the year
ended 31 December 2022.
Tru5tees' expeDses
There were no trustees. expenses paid for the y&qr ended 31 December 2023 noi for the year ended
31 December 2022.
Page 12
continued...

Warrington Church of England
Ed￿￿tIOnal Trust
Notes to the Financial Stalements - continued
for the Year Ended 31 December 2023
STAFF COSTS
The charity does not employ any members of staff, hence. no member of staff received a salary in excess of
£60,000. The Clerk to the Trustees perfOrn￿ all of the duties required to administer the charity.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
UDresiTiCted
fijnd
INCOME AND ENDOWMENTS FROM
Donations and legacies
22
Cbaritable activities
Property insurance premium5
4,597
Investment income
21,107
Tot21
25,726
EXPENDITURE ON
Raising fi￿dS
10,363
Charitable activities
Property insurance premiums
Management and administration
4,597
(816)
Total
14,144
N¢t gaIn￿(lOsSes) on investments
(62,302)
NET 11¥4COMEI(EXPENDITURE)
(50,720)
RECONCILIATION OF FUNDS
Totsl funds brought forward
65.925,350
TOTAL FUNDS CARRIED FORWARD
65,874.630
TANGIBLE FIXED ASSETS
Freehold
property
Ground
rents
Totsls
COST OR VALUATION
At l January 2023 and 31 December 2023
63,717.0(M)
1.415
63,718,415
NET BOOK VALUE
At 31 December 2023
63,717.000
1,415
63.718,415
At 31 December 2022
63,717.000
1,415
63,718,415
Page 13
ontinued...

Warrington Chur¢b of England
Educational Tn
Not￿ to the Financial Statements - eontinued
for the Year Ended 31 December 2023
TANGIBLE FIXED ASSETS - eontinued
Cost or valuation at 31 Deceniber 2023 is represented by:
Freehold
property
Ground
rents
Totals
Valuation in 2021
63,717,0(K)
1,415
63.718,415
The T￿￿t'S school buildings are included at a valuation based upon a report from the Trust's insurers dated
September 2021 and the tr￿Ste¢S are satisfied at these valuations.
The net book amount at 31st December 2023 represents tangible fixed assets used for the direct charitable
educational activity.
FIXED ASSET INVESTMENTS
Fixed
asset
investments
MARKET VALUE
At l January 2023
Additions
Disposals
Revaluations
1,307,255
122,692
(68,041)
56,993
At 31 December 2023
1,418,899
NET BOOK VALUE
At 31 December 2023
1,418,899
At 31 December 2022
1,307.255
Quoted investment analysis
31.12.23
Cost Market value
31.12.22
Market value
Cost
Equities - UK
Overseas stocks
Other
Fixed interest- UK
CCLA Cash deposits
406.825
504,954
45.578
180,445
45,690
482,933
662.659
56.695
170,922
45,690
450.669
401,704
126,484
94.612
43,738
542.166
466.885
159,854
94,612
43,738
1,183.492
1,418,899
1.130,191
1,307,255
At the year end date the Trust held the following investments representing greater than 5 /0 of the respective fund
investment portfolio.
Edentree Amity European B IDcome
Ishares Core FTSE 100 ETF GBP Income
Market Value Proportion of Fund
77.816
5.48V/o
71,529
5.040/0
Page 14
continued...

WarriDgton Church of England
Educational Trust
Notes to tbe Finydncial Ststements - continued
for the Year Ended 31 December 2023
FIXED ASSET INVESTMENTS- contlDued
Cost or valuation at 31 Decernber 2023 is represented by.
Fixed
investments
Valuation in 2023
1,418,899
io.
INVESTMENT PROPERTY
FAtR VALUE
At l January 2023
and 3 l December 2023
750.000
NET BOOK VALUE
At 31 December 2023
750,000
At 31 December 2022
750,000
Th¢ Tn￿l has two investment properties both of which are former school buildings follows:
a) Fairfield and Howley Cornmunity Centre, subject to a 2) year lease at a nominal rental to a local community
group. The property is reflected at the Trustees eStin￿te of its market value of £500,000.
b) St Margaret's fortner infant school the Trust and Diocese of Liverpool are in discussion in relation to the
tern]s of the lease to enable use by St Margaret's church as a community centre. The property is reflected at the
Trustees estitnate of its market value of £250.000.
ii.
DEBTORS
31.12.23
31.12.22
Amounts falling due within one year:
Other debtors
11,683
2.431
Amounts falling due after more than one year:
Other debtors
4.597
Aggregate amounts
11,683
7.028
Page 15
continued...

WarringtOD Chureb of England
Educational Trnst
Notes to the Financial Statements- eoDtinued
for the Year Ended 31 December 2023
12.
CREDITORS: AMouNfs FALLING DUE ￿THIN ONE YEAR
31.12.23
31.12.22
Accrued expenses
4,320
2,160
13.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
At J.1.23
Unrestrlcted funds
Trust Fund
65,874.630
80.837
65,955,467
TOTAL FUNDS
65.874.630
80.837
65.955,467
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
T￿￿t Fund
33.388
(19.053)
66.502
80,837
TOTAL FUNDS
33,388
(19,053)
66,502
80,837
Comparatives for movement ID funds
Net
movement
in funds
At
31.12.22
At l.la2
Unrestrieted funds
Trust Fund
65.925.350
(50.720)
65.874,630
TOTAL FUNDS
65.925,350
{50.720)
65.874,630
Comparative net movement in fimds, included in the above are as lollows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
Trust Fund
25,726
(14,144)
(62,302)
(50,720)
TOTAL FUNDS
25,726
(14.144)
(62.302)
(50.720)
Page 16
continued...

Warrington Church of England
Educational Trust
Notes to the Financial Ststements - Continued
for the Year Ended 31 December 2023
13.
MOVEMENf IN FUNDS- conlinued
A current year 12 months and prior year 12 months combined pjsition is as follows:
Net
movement
in funds
At
31.12.23
At 1.1.22
Unrestricted funds
Trust Fund
65,925.350
30.117
65,955,467
TOT AL FUNDS
65,925,350
30,117
65,955,467
A current year 12 months and prior year 12 months combined net movement in fimds, included in the above are
&8 follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fimds
Unrestricted funds
Trust Fund
59,114
(33,197)
4.200
30,117
TOTAL FUNDS
59,114
(33,197)
4,200
30,117
14.
OTHER FINANCIAL COMMITMEKrs
In the event that one of the school buildings which the Tn￿t adminisfrrs becomes surplus to requirements as a
result of pupil demographic changes in the local area. In this circumstance if tbe trustees then decide to sell the
land and buildings of the School to a third party and not reinvest the proceeds into a new school building. In this
event the trustees may be liable to repay all grants made by government funding organisations in relation to the
school building. As the trustees view the likelihood of these events &s remote no assesstnent h&8 been undertaken
for each school of the amount of grants which would be repayable.
15.
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 December 2023.
16.
FUNDS
Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable
objectives.
Page 17

warrin￿On Cburch of England
Edueational Trust
Detailed Statement of Financial Activities
for the Year Ended 31 December 2023
31.12.23
31.12.22
INCOME AND ENDOWMENTS
Donatlons and legacies
Donations
Other income
22
400
22
422
22
Investment income
Rents received
Dividend incorne
Deposit account interest
CCLA deposit fund interest
Stockbrokers account interest
250
20,047
54
568
188
24,482
429
1.952
930
27,793
21,107
Charitable a¢liviti¢s
Insurance recharge income
5.173
4.597
Total incoming resources
33,388
25,726
EXPENDITURE
Investment management costs
Portfolio management
10,370
10,363
Charitgble activities
Insurance
Room Hire
5,173
350
4,597
5,523
4,597
Support costs
Finance
Bank charges
24
Governance costs
Auditors, remuneration
Secretaries fees
2.160
1.000
2,160
(3,000)
3,160
(840)
Total resources expended
19,053
14.144
Net income before gains and losses
14,335
11,582
Realised recognised gains and losses
Carried forward
14,335
11,582
This page does not forni part of the statutory fllwicial statements
Page 18

WarringtOD Chureb ofEngland
Educational Trust
Detailed Statement of Financial Activities
for the Year Ended 31 December 2023
31.12.23
31.12.22
Realised recognised gains and I0￿e$
Broughi forward
Realised gains on fixed asset investments
14.335
9,509
11,582
6,116
Net ineome
23,844
17,698
Thi5 page does not fonn part of the statutory financial statements
Page 19