REGISTERED CHARrrY NUMBER: 511469
Report of the Trustees and
Financial Statements for the Year Ended 31 December 2024
for
Warrington Chureh of England
Educational Trust

WarriDgloD Chureh of England
Educational Trust
Contents of the Financial Statements
for the Year Ended 31 December 2024
Page
Report of the Trustees
Report of the Independent Auditors
Statement of Financial Activities
Balance Sheet
Notes to the Financial Ststements
10 to 18
Detailed Ststement of Financial Activilies
19 to 20

Warrington Church of England
Educational Trust
Report of the Trustees
for the Year Ended 31 December 2024
The trustees present their report with the financial statements of the charity for th¢ year ended 31 December 2024. The
In￿te¢S have adopted the provisions 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).
OBJECTIVES AND AcfivITIES
Objectives and aims
The principal activities of the charity, &$ stated by the objects in the constitution are as Truske of Church of England
School properties located within the borough of Warrington and in this role it provides support to the schools by way of
r¢pair and capital grants.
Public benefit
The trustees confirn] that they have referred to the guidance contained in the Charity Conllnissions general guidance on
Public Benefit when reviewing the charitys aIll￿ and objectives and when &ciding on grants.
Grantmaking
The charity has normally provided grdnts up to 50/0 of building repairs, improvements and capital projects required by
the school of which the charity is a trustee.
ACHIEVEMENTS AND PERFORMANCE
Review of the Year
In the year there has been continuing demand on the Tn￿t for grants to assist with the governor's proportion for building
improvetnent projects which are currently in progress at th¢ Trust's schools.
In the year 15 building grants were settled amounting to £66,641 (2023 £Nil).
The trustees have continued discussions with Liverpool Diocese regarding the proposed lease of the old infant school at
St Margaret's Church and it is anticipated that a fornMI lease will be finalised shortly.
Four schools have now converted to academies with two schools joining the Liverpool Diocesan Schools Trust All
Saints, Glazebury and St Helens, Hollinfare and two schools joining the Chester Diocesan Academies Trust St
Matthews, Stretton and St Thom&s' Stockton Heath.
In the year total income amounted to £41,959 and total expenditure amounted to £86,505 which resulted in a net flow
oufflow of resources before other recognised gains and losses of £44.546. At the balance sheet date the general reserve
amounted to £65.972,302..
Investment strategy
The Truste¢s have appointed investment brokers and the brokers have been instructed to adopt a prudent approach to the
management of the investment portfolio to attempt to maintsin capital value whilst still generating an acceptable retLUn.
At the year end the investment portfolio amounted to £1,478,991 and in the opinion of the TNstees the uninvestrd
surplus reserves are held as insurdnce given the curreni unpredictabiltty of the current world econoTlly in respect of the
market values of the Charity's investsnents.
FINANCIAL REVIEW
Investment policy and objectives
The Trustees after taking Professional advice have invested the Charity's free reserves in a mixture of unit tr￿ts. listed
investments and deposit funds. The market value of such investmenls atnounted to £1,478,991 at the year end. The
investment advisers indicate an anticipated annual return of 2 % is forecasL generating £29.155 per annum to cover the
expected expenditure of the Charity.
Page I

Warrington Cburch of England
Educational Trust
Report of the Trustees
for the Year Ended 31 December 2024
FINANCIAL REVIEW
Reserves policy
The Trustees have established a policy whereby the unrestricted fimds not committed or invested in tangible fixed assets
are to be invested. so that the return they generate is suffickent to meet the expected expendittjre for the next 12 months.
The Trustees policy also establishes a provision for future major capital projects as in order to discharg¢ the Trust's
discretionary payments on capital projects it can make a commitment of 50/0. At the current time it is anticipated that
building works will not be at such a high level due to the government's austerity measures and therefore the Trustees are
care￿IlY reviewing their Medium terni fjnancial commitments.
The Trustees feel that this will ensure the Charity will be able to rnaintain its CUTrent activities in the absence of any
other fimding or incotne.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Management of the Charity
The Charity is governed by its constitution as approved by Her Majesty in Council on 23rd May 1952.
The Charity is ll￿naged by its board of trustees of vlhich a minimum of 8 must be present at any one meeting. All
matters are detennined by a majority of the votes of those trustees present.
The body of trLLStees of the charity should consist of a panel of twenty two persons comprisityg of: .
l. One ex-officio trustee, the Rector of wa￿]ngtOn,
2. Eighteen nominated trustees. one of which to be appointed by the Liverpool Diocesan Board of Education and the
further Seventeen to be appointed by each Parochial Church Councils, where there is a trust school
3. One representative trustee. to be appointed by Warrington Borough Council &s Local Education Authority,
4. Two COThOPtative trustees, to be appointed by resolution of the In￿le¢S
Tems of appointment of trustees:
l. The representative trustee shall be appointed for a tenn of three years.
2. The notninated trustee to be appointed by the LiveTpooI Diocesan Board of Education shall be appointed for a temi 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-optative trustees shall be appointed for a terni of five yeatS.
A Standing Committee has been appointed to lake responsibility for the day to day athninistration of the Trust, subject to
policies and guidelTrnes laid down by the trustees. This comprise5 Of: _
Mr P S Speed
Mr R H Bingham
Mr J D Bygate
Dr C Kressel
Reverend S Cowan
Mrs J K Hodgson
Risk management
The trustees 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 etTOr.
Page 2

Warrington Church of England
Educational Trust
Report of the Truslees
for the Year Ended 31 December 2024
REFERENCE AND ADMINISTRATIVE DETAI
The trustees who served during the year were as follows:_
Reverend J L Steventon- Chairperson (deceased 7th July 2024)
Mr P S Speed - Vice Chainnan
Appointed by Parochial Chureh Counei18
St ElphI￿ Warrington
Christ ChurclL Padgate
St Andrews, Orford
St Ann's, Warrington
St Barnab&s. WaTrington
St James Latchford C.E., Latchford
St Margaret's. Orford
St Matthews, Stretton
St Philip's. Westbrook
St Thomas,, Stockton Heath
St Wilfrid'4 Grdppenhall
Woolston and Birchwood Parish
St Helens. Hollinfare
All Saints, GI￿¢bury
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
Mrs J Leach
Mr P Srnalley
Mrs E Thomas
Dioeesan Trustees
Liverpool Diocese
LEA Trustee
Councillor S Parish
cl￿Opted Trustees
Mr R H Bingham
CHAIUTABLE STATUS
Registered Address
The Rectory, 129 Church Street, Warrington WAI 2TL
Charity Number
511469
Auditors
Vois¢y & Co LLP, 8 Winmarleigh StreeL Warrington WAI IJW
Principal Bankers
National Westminster Bank PLC. 23 Sankey Street Warrington WAI IXH
Solicitors
Taylor Rose ￿Kw Limited, The White House, Wilderspool ParL Greenalls Avenue. W￿Ting10n WA4 6HL
Investment Manager
Evelyn Partners, Royal Liver Building, Pier Herf Livery)ool L3 INY
Page 3

Warrington Church of England
Educational Trnst
Report of the Trnstees
for the Year Ended 31 December 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Report of the TnLStees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland"
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports)
Regulations 2008 and the provisions of the ttvst deed requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the state 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 statements, the trustees are required to
select suitable accounting policies and then apply them consislently,
observe the methods and principles in the Charity SORP"
make judgements and estimates that are reasonable and prudent.
prepare the financial statetnents on the going concern b&sis unless it is inappropriate lo presume that the charity will
continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the fmancial position of the charity and to enable them to ensure that the fjnancial ststements comply with the Charities
Act 201 I, the Charity (Accounts and Reports) Regulations 2008 and the provisions of tbe tn￿t deed. They are also
responsible for safeguarding the &ssets 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 tn￿teeS on 10 September 2025 and signed on its behalf by:
Mr P S Speed - Trustee
Page 4

Report of the Independent Auditor5 to the Trusteeg of
Warrington Church of England
Educational Trust
Opinion
We have audited the fmancial statements of Warrington Church of England Educational Trust (the 'charitY) for the year
ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the
financial statements, including a summary of significant accounting policies. The financial reportlng framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom
Generdlly Accepted Accounting Practice), including Financial Reporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland,.
In our opinion the financial statements:
give a trne and fair view of the state of the charit)es affairs as at 31 December 2024 and of its incoming resources and
application of resources, for the year then ended.
have been properly prepared in accordance with United Kingdom Generalty Accepted Accounting Practice, including
Financial Reporting Standard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland,.
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) OSAS (UK)) and applicable law.
Our responsibilities under those standar(L8 are furtber described in the Auditors, responsibilities for the audit of the
fuwicial 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 fmancial statements in the UK including the FRC'S Ethical Standard, and we have
IfLlled 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 foi our opinion.
Conclusions relating to going eoncern
In auditing the fmancial staiements, we have concluded that the tn￿te¢s. use of the going concern basis of accounting in
the preparation of the fjnancial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or conditions
that, individually or coll¢ctively. may cast significant doubt on th¢ charitys ability to continue as a going concern for a
period of at least twelve months from when the financial 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 RnforniatlOD
The trustees are responsible for the other infotmation. The other infornlation comprises the inforniation included in the
Annual R¢port, other than the fmancial statements and our Report of the Independent Auditors thereon.
OUT opinion on the financial statetnents does not cover the other inforniation an￿ except to the extent otherwise
explicitly Stated in our report, we do not express any fonn of assurance conclusion thereon.
In connection with our audit of the fmancial statements, our responsibility is to read the other infonnation and, in doing
so, consider whether the other inforniation is materially inconsistent with the fmancial statements 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 misstatement in the
financial Statements themselves. If, based on the work we have perfornied. we conclude that there is a material
misstatement of this other information, we are required io report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations
2008 requires us to report to you if, in our opinion:
the infonnation giv¢n in the Report of the T￿￿teeS Is inconsistent in any material respect with the fllw)cial
statements- or
sufficient accounting records have not been kept" or
the fmancial statements are not in agreement with the accounting records and returns- or
w¢ have not received all the infonnation and explanations we require for our audit.
Page 5

Report of the Independent Auditors to the Trustees of
Warrington Church of England
Educational Trust
Responsibllities of trustees
As explained more fvlly in the Ststement of Tn￿tees, Responsibilities, the trustees are responstble for the preparntion of
the fmancial statements which give a true and fair view, and for such intetnal control as the trustees deterniine is
necessary to enable the prepardtion of financial statements that are free from material misstatemenL whether due to fraud
or error.
In preparing the fmancial statements, the trustees are responsible for assessing the charitys ability to continue &8 a going
concern. disclosing, as applicable, matters related to going concern and using the going concern basis of accounting
unless the trustees either intend to liquidate the charity or to C¢￿ 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 obtain reasonable assurdnce about whether the financial slatements as a whole are free from
material tnisStatemenL whether due to frdud or error. and to issue a Report of the Independent Auditors that includes OUT
opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error
and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the
economi¢ decisioDS of users taken on the basis of these fuwicial ststements.
The cxtent to which our pr￿edureS are capable of detecting irregularitie4 including fraud is detailed below:
- enquiries are made of management and those Charged with governance as to whether there is any knowledge of actual,
suspected, or alleged frauLt whether there is any known non-compliance with laws or regulations. and whether the
harity has been subject to any litigation or any legal claim.
- minutes of meetings of those cbarged with governance are reviewed.
- audit work over the risk of management override of controls is undertaken. TFLiS includes testÈng of journal entries and
other adjustments for appropriateness, evaluating the charitable rationale of significant transactions outside the nornial
course of activity and reviewing accounting estIm￿eS for bias.
analytical reviews are perfornled on the fmancial statements at all stages of the audit by comparison to prior years,
budgets and expectations to ensure the reasonableness of the figures therein.
- third party confThation is obtained from the charity's bankers to confTh bank balances.
- detailed audit testing is undertaken in specific areas to ¢Dswe that income and expenditure is correctly recorded and is
a genuine income or expense of the charity.
financial ststement disclosures are reviewed and tested to supporting documentation to assess compliance with
applicable laws and regulations.
Despite appropriate planning and perfonning our work in accordance with International Auditing Standards, there are
always inherent limitations that non-compliance is not detected. Non-compliance with laws and regulations 15 often
further removed from the events and transactions reflected in the financial statements and material misstatements due to
frdud can be deliberately concealed from auditors, for example through misrepresentation, forgery or collusion.
A fL￿her description of ow responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at Mvw.frc.oig.uklauditorsresponsibilities. This description forn￿ part of our Report of the
Independent Auditors.
Page 6

Report of tbe Independenl Auditors to the Trustees of
Warrington Church of England
Educational Trnst
Use of our report
This report is made solely to the charitys tnlstees. &8 a body. in accordance with Part 4 of the Charities (Arxounts and
Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitys tn￿teeS those
matters we are required to state to them in an auditors. report and for no other purtK)se. To the ￿lIest exfrnt pern]itted by
law, we do not accept OT assume responsibility to anyone other than the chariry and the charitys tr￿stee5 as a body, for
our audit work. for thi5 repor¢ or for the opinions we have fornle
,IA L
Voisey & Co LLP
8 Winmarleigh Street
WaTrington
Cheshire
WAI IJW
1% N spi￿ 2J£
Page 7

Warrington Church of England
Educational Trust
Stslement of Financial Activities
for the Year Ended 31 December 2024
31.12.24
Unrestricted
fimd
31.12.23
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
22
422
Charitable activities
Property insurance premiums
5.317
5,173
Investment income
36,620
27,793
Total
41,959
33.388
EXPENDITURE ON
Raising funds
10,937
10,370
Charitsble activilies
Property insurance premiums
Building repair grants
Management and athninistration
5,317
66,641
3,623
5,173
3,510
Total
86,518
19,053
Net gains on investments
61,381
66.502
NET INCOME
16,822
80.837
RECONCILIATION OF FUNDS
Total fimds brougbt forward
65,955,467
65.874.630
TOT AL FUNDS CARRIED FORWARD
65,972,289
65.955.467
The notes forni part of these financial statements
Page 8

Warrington Cburch of England
Educational Trust
Balance Sbeet
31 December 2024
31.12.24
Unrestricted
fund
31.12.23
Total
fimds
Notes
FIXED ASSETS
Tangible assets
Investments
Investtnents
Investment property
63.718.415
63.718,415
1.478,991
750.000
1,418.899
750.000
io
65,947,406
65,887,314
CURREwf ASSETS
Debtors
Cash at bank
10,114
16.929
11,683
60.790
27.043
72,473
CREDITORS
Amounts falling thie within one year
12
(2.160)
(4,320)
NET CURRENT ASSETS
24.883
68,153
TOTAL ASSETS LESS CURRENT
LIABILITIES
65,972,289
65,955,467
NET ASSETS
65,972,289
65,955,467
FUNDS
Unrestricted funds
13
65.972,289
65,955,467
TOTAL FUNDS
65.972,289
65,955,467
The financial statements were approved by the Board of Tn￿teeS and authorised for issue on 10 September 2025 and
were signed on its behalf by-
Mr P S Speed - Trustee
The note5 forn] part of these financial statements
Page 9

Warrington Church of England
Educational Trust
Notes to the Financial Ststements
for the Year Ended 31 Detember 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entty under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Cbarities: 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),,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements have been prepared under the bi5torical cost
convention, with the exception of investments whicb are included at market value, as modified by the revaluation
of certain assets.
The Charity is a Public Benefit Entity registered &s a charity in England and Wales. It was fornied by approved
onstitution on 23 May 1952 and registered as a charity on 22 June 1982.
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has
adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to
adopt the going concern basis of accounting in preparing th¢ financial statements.
The presentation currency is £ sterlin& Monetary amounts in thes¢ financial statements are rounded to the
nearest £.
FiDantial reporting stsndard 102 - reduced disclosure exemptions
The charity bas taken advantage of the following disclosure exemption in preparing these financial statements, as
permitted 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 judgemenls 2nd key sources of estimation uncertainty
In the application of the Charity's accounting policies. the Trust is required to make judgements, estimates and
assumptions about the canying atnount of assels and liabilities 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 frotn those estimates, and underlying assumptions are continually reviewed.
Revisions to estimates 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 fvture periods.
The following are the areas of critical judgernents that management have made in the process of applying the
entity'5 accounting policies.
Going Concern
After making enquiries. the ttwtees have a reasonable expectation that the Charity h&s adequate resources to
continue in operational existence for the foreseeable tuture. For thi5 reason, it continues to adopt the going
concern basis in preparing these fuwicial statements.
There are currently no sources of estimation or uncertainty that are judged to cause a significant risk of material
adjustment to the financial ststements.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fimds. it
is probable that the income will 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 normally upon notification of the interest paid or payable by the bank. Dividends are Tecognised
once the dividend has been declared and notification has been received of tbe dividend due. This is nornlally
upon notification by our investment advisor of the dividend yield of the investment portfolio.
Page 10
continued...

Warrington Chureh of England
Educational Trust
Note5 to the Financial StatemeDts - continued
for the Year Ended 31 December 2024
ACCOUNTING POLICIES- continued
Expenditure
Liabillties are recognised &5 expenditure as soon as 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 basis and has
been classified under headings that aggregate all cost related to the category. Where costs cannot be dtrectly
attribufrd to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a con]tnitment but
not accrued as expenditure.
Grants offered subject to conditions whicb have not been met at the year end date are noted as a conunitment but
not accrued as expenditure.
Raising funds
The costs of generdting funds consist of invesljnent management costs and certain legal fees.
Allocation and apportionment of costs
Overhead and support costs have been allocated between cbaritable 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 carried out by the Ecclesiastical Insurance Office in September 2021. Included
in the valuations are provisions for the cost of hire of buildings to provide temporary accommodation after
damage to or destruction of schools. surpluse￿defiClts arising on the revaluation exercise. less any loss on
disposals, are shown on the Statement of Financial Activities.
Depreciation: In accordance with the ternis of trust on which they are held. 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 forni of basic financial instrument and are initially recognised at their trdnsaction value and
subsequently me&sured at their fair value &s at the balance sheet date using the closing quoted Tnarket price. The
statement of fmancial activities includes the net gains and losses arising on revaluation and disposals throughout
the year.
The Trust does not acquire put options, derivatives or other complex financial instnunents. The main forn] of
financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider
economic conditions, the attitude of investors to investment risK and changes in sentiment concerning equities
and within particulat sectors or sub sectors.
Realised gain5 aDd10sses
All gains and losses are laken to the Statement of Financial Acttvities ￿ they arise. Realised gains and losses on
investments are calculated as the difference between sales proceeds and their opening caTrying value or their
purchase value if acquired subsequent to the fwst day of the financial year. Unrealised gains and losses are
calculated as the difference between the fair value at the year end and their carying value. Realised and
unrealised investsnent gains and losses are combined in the Ststement of Financial 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.
Page 11
continued...

Warrington Cbureh of England
Educatiooal Trust
Noles to the FiDaneial Statements- continued
for the Year Ended 31 December 2024
ACCOUNTING POLICIES- contlDued
Fund 8CCOUllting
Restricted fimds can onty be used for particular restricted purposes within the objects of the charity. Restrictions
aris¢ when specified by th¢ donor or when fi￿dS are rnised for particular restricted putposes.
Further explanation of the nature and purpose of each fund is included in the notes to the fllwicial statements.
INVESTMENT INCOME
31.12.24
31.12.23
Rents received
Dividend income
Deposit account interest
CCLA deposit fimd interest
Stockbrokers account interest
1.750
31,865
397
2,396
212
24,482
429
1,952
930
36,620
27,793
RAISIIYG FUNDS
Investment management Costs
31.12.24
31.12.23
Portfolio management
10,937
10,370
SUPPORT COSTS
Governance
costs
Management and administration
3,523
Support costs. included in the above. are as follows:
31.12.24
Management
31.12.23
Total
activities
administration
Auditors, remuneration
Sundries
Secretaries fees
2,160
13
1,350
2,160
1,000
3.523
3,160
Page 12
continued...

Warrington Church of England
Educational Trust
Notes to the Financial Statements- continued
for the Year Ended 31 December 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31 December 2024 nor for the year
ended 31 December 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 December 2023.
STAFF COSTS
The charity does not employ any members of staff, hence, no member of stsff received a salary in excess of
£60,000. The Clerk to the Tn￿teeS perfOrn￿ all of the duties required to athninister the charity.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL A￿[VITIEs
Unrestricted
fund
INCOME AND ENDOWMEIYTS FROM
Donations and legacies
422
Charitable activities
Propety insurance premiums
5,173
Investment income
27,793
Total
33,388
EXPENDITURE ON
Raising fun(ts
10,370
Charitable activities
Property insurdnce premiums
Management and administration
5.173
3.510
Total
19,053
Net gains on investments
66,502
NET INCOME
80.837
RECONCILIATION OF FUNDS
Total funds brought fonvard
65,874,630
TOTAL FUNDS CARRIED FORWARD
65,955,467
Page 13
continued..

Warrington Church of England
Educational Trust
Notes to the Financial Ststements- continued
for the Year Ended 31 December 2024
TANGIBLE FIXED ASSETS
Freehold
property
Ground
rents
Totals
COST OR VALUATION
At l January 2024 and 31 December 2024
63,717.000
1.415
63,718,415
NET BOOK VALUE
At 31 December 2024
63,717,0(M)
1,4l5
63,718,415
At 31 December 2023
63.717.000
1,415
63,718,415
Cost or valuation at 31 December 2024 is represented by:
Freehold
property
Ground
rents
Totals
Valuation in 2021
63,717,000
1,415
63,718,415
The Trust's ￿h0o1 buildings are included at a valuation based upon a report from the Tn￿t'S insurers dated
September 2021 and the trustees are satisfied at these valuations.
The net book amount at 31st December 2024 represents tangible fixed assets used for the direct charitable
educational activity.
At the year end date four of the Tn￿t'S schools have converted to Academy sthtus, as part of these aTrangements
the Trust has entered into 125 year leases of the properties with the academies. The trustee5 are Teviewing the
valuation adjustment now to be recognised in relation to these schools and this will be reflected in the accounts
for year ended 3 1st December 2025.
FIXED ASSET INVESTMENTS
Fixed
asset
investtnents
MARKET VALUE
At l January 2024
Additions
Disposals
Revaluations
1,418,899
322,222
(311,100)
48,970
At 31 December 2024
.478,991
NET BOOK VALUE
At 31 December 2024
1,478,991
At 31 December 2023
,418,899
Page 14
continued...

Warrington Church ofEngland
Educational Trust
Notes to the Financial Statements- continued
for the Year Ended 31 December 2024
FIXED ASSET INVESTMENTS- continued
Quoted investment analysis
31.12.24
Cost Market value
31.12.23
Market value
Cost
Equities - UK
Overseas stocks
Other
Fixed interest - UK
CCLA Cash deposits
559,040
345,114
170.781
108.936
47,535
688,649
419,908
222.574
100.325
47,535
406,825
504,954
45.578
180.445
45,690
482.933
662.659
56,695
170.922
45,690
1213,406
1,478,991
1,183,492
1,418,899
At the year end date the Trust held the following investments representing greater than 5 % of the respective fund
investment portfolio.
Market Value
74,421
75,329
Proportion of Fund
5.04%
5.IOQ/o
Dodge & Cox Worldwide US Stock GBP Income
Ishares Core FTSE 100 ETF GBP Income
Cost or valuation at 31 December 2024 is represented by:
Fixed
investments
Valuation in 2024
1,478,991
io.
INVESTMEiYT PROPERTY
FAIR VALUE
At l January 2024
and 31 December 2024
750,000
NET BOOK VALUE
At 31 December 2024
750.000
At 31 December 2023
750,000
The Trust has two investment properties both of which are fornier school buildings as follows:
a) Fairfield and Howley Community Centre, subject to a 21 year lease at a nominal rental to a local community
group. The Property is reflected at the T￿￿teeS estimate of its market value of £500,000.
b) St Margaret's fornier infant school, the Trust and Diocese of Liverpool are in discussion in relation to the
terms of the lease to enable ￿se by St Margaret's church as a community centre. The property is r¢fl¢ct¢d at th¢
Trustees estimate of its market value of £250.000.
Page 15
continued...

Warrington Church of England
Educational Trust
Notes to the Financial StAtements - continued
for the Year Ended 31 December 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Other debtors
10,114
11,683
12.
CREDITORS: AMOUNTS FALLING DUE WTTHIN ONE YEAR
31.12.24
31.12.23
Accrued expenses
2,160
4,320
13.
MOVEME￿ IN FUNDS
Net
movement
in fimds
At
31.12.24
At 1.1.24
Unrestricted funds
Trust Fund
65,955,467
16,822
65.972.289
TOTAL FUNDS
65.955.467
16,822
65,972,289
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fimds
Unrestricted funds
Trust Fund
41,959
(86,518)
61,381
16,822
TOTAL FUNDS
41,959
(86,518)
61,381
16,822
Comparatives for movement in funds
Net
movement
in fiu)ds
At
31.12.23
At 1.1.23
Unrestricted fuDds
T￿st Fund
65.874.630
80.837
65,955.467
TOTAL FUNDS
65.874,630
80,837
65,955,467
Page 16
continued...

Warringlon Church of England
Edueational Trust
Noles to the Finaneial Slatements- continued
for the Year Ended 31 December 2024
13.
MOVEMENT IN FUNDS - conlinued
Comparative net movement in fimds, included in the atK)ve are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
Trust Fund
33,388
(19,053)
66,502
80,837
TOTAL FUNDS
33,388
(19,053)
66.502
80,837
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.12.24
At 1.1.23
Unrestrieted funds
Trust Fund
65,874,630
97,659
65,972,289
TOTAL FUNDS
65.874,630
97.659
65,972,289
A current year 12 months and prior year 12 months comblned net movement in funds, included in the above are
as follows:
tncoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unreslricted funds
T￿st Fund
75.347
(105.571)
127,883
97,659
TOTAL FUNDS
75,347
(105.571)
127,883
97,659
14.
OTHER FINANCIAL COMMITMENTS
In the event that one of the school buildings which the Tn￿t administers becomes sutplus to requirements as a
result of pupil demographkc changes in the local area. In this circumstance if the tnlstees then decide to Sell the
land and buildings of the school to a third paty and not reinvest the proceeds into a new school building. In this
event the tn￿e¢S may be liable to repay all grants made by government funding organisations in relation to the
school building. As the trustee5 view the likelih¢)od of these events &s remote no assessment has been undertaken
for each school of the amount of grants which would be repayable.
Page 17
ontinued...

Warrington Church of England
Educational Trust
Notes to the Financial Statements- continued
for the Year Ended 31 December 2024
15.
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 December 2024.
16.
FUNDS
Unrestricted fimds comprise those fimds which the trustees are free to use in accordance with the charitable
objectives.
Page 18

WarringtoD Church of England
Educational Trust
Detailed SlatemeDt of Financial Aetivities
for the Year Ended 31 December 2024
31.12.24
31.12.23
INCOME AND ENDOWMENTS
Donations and legaci
Donations
Other income
22
22
400
22
422
Investment income
Rents received
Dividend income
Deposit account interest
CCLA deposit fund interest
Stockbrokers account interest
1.750
31,865
397
2,396
212
24,482
429
1.952
930
36,620
27,793
Charitable aetivities
Insurance recharge income
5,317
5.173
Total incoming resources
41,959
33,388
EXPENDITURE
Investment management Costs
Portfolio management
10,937
10,370
Charitable activities
Insurance
Room Hire
Grants for building repairs
5,317
5,173
350
66,641
72.058
5,523
Support costs
Governance c(￿ts
Auditors, remunerdtion
Sundries
Secretsries fees
2,160
13
1,350
2,160
1,000
3.523
3.160
Total resources exp¢nded
86,518
19,053
Net (expenditure)lincome before gains and
loss¢s
(44,559)
14.335
Realised recognised gains and losses
Carried fO￿ard
(44.559)
14,335
This page does not fonn part of the statutory financial statelnents
Page 19

WarringtOD Church of England
Educational Trnst
Detailed Statement of Financial Activities
for the Year End￿ 31 Decembtr 2024
31.12.24
31.12.23
Realised recognised gains and k)sses
Brought forward
Realised gains on fjxed &sset investments
(44.559)
12,411
14.335
9,509
Net (expenditure)lincome
(32,148)
23,844
Thi5 page does not fonn part of the statutory financial staternents
Page 20