Registered charity no". 526243 WHITECIIAPEL SCHOOL CHARITY ANNUAL REPORT FOR THE YEAR ENDED 31 DecEMBER 2023 WHITECHAPEL SCHOOL CHARITY CONTENTS Charity information Trusleas, annual report IndeFendent oxamin&s report R8ctsipls and paymenls accounts Slalamanl of assets and liabilille8 CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2Q23 Charity number.. 526243 Tru8l•es.' Mf A Brelherton Mr A Butler Mr J Smith Mr J Slnglelon W J Hardman Pdnclpal addr888.' CIO Napthen8 LLP 7 Wlnckl8y Square Pr￿t0￿ Lanc&gh*e PRI 3JD 8gnkgr¥'. Natlon81 W•$lmlnster Bank Flc 97 Fi8h8r98te Preston Lan¢a$hlré PR1 2AE Ind9￿rth examlner. Rushlons Chartered Ac¢ountsnts Shorrock Hou88 1 Faraday thJrt FU￿0d Pr88ton Lancashlre PR2 9NB Page 1 WH￿ECHApEL SCHOOL CHARITY REPORT OF TPIE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The trLJStee$ present their report and the accounts for the year ended 31 De￿mber 2023. R•f•rence and idmini3trativ• detalls Th• curyenl trustees a￿ listed on pagè 1. Trustees during the year ended 31 December 2023 were as f￿lOw$.._ Mr A B¥elherton Mr A Butlèr Mr J Singleton Mr J Smith Mr W J Hardman Structur•. g4)v•manca and manaqomant WhSlechapel School Charily 18 consllluled utkler a Scheme 58aled on 14 Seplernber 1989 and 1$ registered wiltri the Charlty Commission (No 5282431. The Board of Trustees when complete consists of slx trusl8es. Lancashlre County Councll las local educatlon 8ulhorityl and Ggosnargh Parlsh Councll each r￿minate one tru3te8 for a period of four years. A further four Iru8lees who h8ve special kn¢)wledg8 of the Anclent P81igh of Goosnargh are CD oplad for a term cf flve y8aTS. Any competent Iruslee may be reappolnled. ObS•ctlvM and activitles The objects of the charity are promoting the educatSon Ilnciuding social and physi¢81 tralnlng and rellgious educalion in accordance with th8 Chrislian faith} of persons under Ihg 8g8 of 25 years vtho are re8Klent or have parent or parents resident in the anci&nl parish of Goosnargh. Grant maklng pollcy The Iruslees have nol adopted a fcmial policy bul have made grants lo Whltech8pel School vl8 Lar￿shIrt County Council over a number of years. The Iruslees have not made a lorrnal commitment to the conlinualion of the grant and il 18 rèviewed each ye8r. A¢hS•¥•m•nt8 and p•rforrnanc• The ch￿tY promotes the education ol persons un(Jer 25 who are resldent or who have a parent re81denl In the parish of Goosnargh. The trustees have complied with their duly lo have due regard lo the guidance Issued by the Ch8rlty Commission on public benefrt. Grants lolalllng £22.118 weré paid durlng the year Flnan¢lal r•vl•w The trusteès havè formulated 8 resorvg9 pdlcy to have ￿91rd to the current and future ne8dB of the Gharlty. An approximate minimurn balance of £20.000 in cash balances will be held in accoréanc8 Wilth those needs. As 8t 31 De¢embgr 2023 cash balances totslling £60,297 and lislod invé6trllent8 at a market valuo of £550.264 were held. The Report of the Trustee5 was approved by the Boord of Tnjsteès on oa its ￿hall by. and slgned Mr J Smith Tru¥t•• Ir A 8rètherton Trustee Dale.. Page 2 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YEAR ENDED 31 DECEMBER 2023 I report lo the charity trustées on my examination of the aceounts of Whitechapel Schod Chaityfor the year ended 31 December 2023, which ar8 s81 out on pages 4 to 5. Rosponslbllltlés and basis of roport As the charilvs Irust88s you are responsible lor the prepar8tion of the account¥ in accordance with the r8qulrements of the Charities Act 2011 Ilhe Acri- I report in respect of my examinalion of the chanty's accounls under section 145 of the Act and in carrying out my exan7inallon I have followe¢J all the apF4icable Dir&tions given by tha Charity Cornmisslon under sectk*n 14515llbl of the Act. Indop•ndont ¢xamlnerfs stsi•rnent I have completed my 8xaffllnallon. I confirm that no materkl matters havo eAimo lo my attention giving me causa to bgligve. th81 in ary matsflal respect.. 8ccounllng records were not kept In accordance wtih Soctk)n 130 of Ihg Charities Act.. or thé a¢counl$ do not ￿0rd wllh those records. the acccunts do not comply with the requirements concernlng tho form and content of 8ccounl$ ael out kn tha Charitl8r8 (Accounts and Reports) Re9ultlons 2008 other than any requirem8nl tho1 the accounls give a true and fabr ￿eWwhICh Is not a metler cond￿ered as part of the independent 8xaminalion. I have no concems and have come across no other matters In conn8cllon with the ex8minatOon lo which 8ttentlon should be drawn In Ihls report In Nder lo enable a proper undersigndlng of Ihe 8ccounls to be re￿hod. A D CALVERT ACA Ru•htons Chart•r•d Accountants Shorro¢k H¢u•• 1 Faraday Court Fulwood PrMton Lancashire PR2 9NB Oal6.' Page 3 WHITECHAPEL SCHOOL CHARITY RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Income r¢¢*lpts Interest recewed ONidends received Renl rec8ivèd,' 3.335 14,250 12.204 7,800 769 14.748 12,204 School School House Barnsfold Walèrs Eccles Moss land 70 35.593 37,590 Capltal r•cglpts from a8•0ts and SnvMtm•nt sal Sale ol Inve81rnents 66,665 64,472 Total r•e•lpt8 104,255 1CQ,065 Payments Gran1$ pawJ Repairs lo propgrty Insurance Adminislralor8' fee8 AC￿untancY f8èB Legal fees Letllng exwnse$ Slockbroker'g fee$ 22,118 192 3,600 11,163 551 4,148 918 6.649 936 3,697 34,920 3.765 24,987 Capital paym•nts rolatlng to as¥•t and Ilablllty mov•m•nts Purchasg of investmènts 59.676 72,730 Total paym•nt• 94.596 97,717 Not rgc•lptsl{paym•nt8) for the year 9,659 C8$h al bank and In hand a8 at 1 January 2023 50,038 48.29) Cash at bank And In hand a• at 31 DKember 2023 60,297 50,638 Page 4 WHITECHAPEL SCHOOL CHARIT STATEMENT OF ASSETS AND LIA81LrriES AS AT 31 DECEMBER 2023 2023 2022 Cash at bank and In hand Nalkjnal Westminstsr Bank Napthens client account Slockbrokels account 50,126 4,010 6,161 37,381 11,986 1,271 60,297 50,638 Inve8lmon¢ wsat8 UK Ilste(l inveslments al markat value 550.264 521.019 1.78 a¢XeS of land al Eccles Mo88 Headleo¢hoVs house School preml8e8 550,264 521,019 LlJblllti•• Accruals Grants apwjved 5.9S3 4,285 10,288 14,573 5,gS3 Th¢ Recelpls and Payments Accounts and Iho Statement ol A88els and Llablllll88 were approved by thè Trusteog and gigned on Ihelr behalf by.. MrJ Smlth Trust•• Mr A 8r•th•rton Trust Dale.. f/ O*èb- Page 5