REGISTERED cHAR￿y NiiMBER: 526599
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
HINDLEY AND ABRAM GRAMMAR SCHOOL
Fouf4DATION
Fairhurst
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WNI 2TB

HINDLEY AND ABRAM GRAMMAR SCHOOL
FOIJNDATION
CONTENTS OF I'IIE FINANCIAL STATEMENTS
for the Year Ended 31 mA￿h 21124
Page
Report Dfthe Trustees
Indepeident EJaminer'$ Report
Sth¢¢meDt Of FiDADci•I Attivities
Sts¢ement of FinADci*I Positio
P4otes lo tbe FiDgnci*I StitemeTrts
7 to 10
De¢#iled Ststtment of Flnanclal Actlvlttes

HINDLEY AND ABIi4M GIL4MMAR SCHOOL
FOUNDATION
REPORT OF THE TRUSTEES
for tlL¢ Ye*r Ended 31 Mareh 2024
The ttuste¢s present their r¢port with the finalleial sts¢emenis of the charity for the year ¢nded 31 March 2024. Thc
trusiees have adopted th¢ provisions of Accounting and Reporting by Charities= Siatement of R¢¢ommended Pra¢ii¢e
applicable to charitie5 pr¢panii¥ their accounts in awdan¢¢ with th¢ Financial ReTX)rting Standard applicable in the
UK and R￿ubliC of Ireland IFRS 1021 (effective l January 2019).
OBJECTIVES AND ACTIVITIES
ObjtetiV¢S ¥Dd alms
Tn brief, the primary obicctives are to promote the ¢du¢ation of persons UTMl¢r the a8e of 25 yeaTS in the Metropolitan
BOr￿gh of Wigan with tlY pref¢rence for such per5L)ns who reside in either ihe forn]er UTbon Distri¢ts of Hindley or
Abram and who are In need of financial assisranc¢.
Full details of th¢ assislance available, together with appropriate appli¢ation fornis, can be obthined from the s#r¢tary to
the trustees.
ACHIEVEMENT AND PERFORMANCE
Rev5ew of A¢tlvllles ind Fylure D¢v¢lopmtllt
The trustees have coniinued to Promote th¢ ¢harity and have direct contact with appropriate edu¢aliot)al establishments.
Th¢ tn￿{eeS have continued to make appropriate awards and 15 awards were made this year. The tru￿rts Contirtue to
actively seek beneficiarie5 for the remaining accumulated income and during 24125 will contirhue wlth their strategy to
attract additional applications from individuals and from Wtgan Council schods.
This year gr8nts have r8nged frotn £150 to £20,000 10 10 schools and 5 s￿dentS Lmdertaking courses of edueation in
schools. colleges and universities. Grants have been made in iegard of course ftts, examinaiion fe¢s, books and
equipment, mainienance allowances and trav¢1 ¢xp¢nses. StLMlents are erKourd8ed to rcport their progres&
The trustees have due regard to the public F*nefLt regime in ihcir consideratiort of grant assistsn¢e so that tlrir a¢tions
dcmonstTate their commiimenl io s*isfying the appropriAte requirements. The tnjstees also have due Tegard to the
published guidance on the subjeet in their de11btr￿IQnS (The Advan¢emenl ofEdu¢ation for Public Benefiil and &l(pPt
lis prin¢iples in delivering the 4iTns And objectives of the Tnkqt ac¢ordit)8ty.
There are no private or irKidentsl benefits a¢cwing to trustees.
FINANCIAL REVIEW
luveslment poli¢y gnd objectives
The tsustees have wide powers of inv¢stment. They have appointed R￿hly)ne Investmeni Mry¢ment Limited to
manage theTrr funds. These funds should be managed prud¢ntly with the avoidattce of undue risk, Mith all invesbn¢nts to
be quoted (￿) a r¢¢ognised sto¢k exchange. The trustees are to rtteive regular perfonnanct reports fromth¢ir manag¢r.
The trustees will revi¢w their policy from tirne to time when necessary and prudeni to do so,
Reserves po15ty
The t￿￿CeS policy regarding ihe past a￿UmulatIOnS is referred to in their review of urtivities. Once this ￿UM￿latIon
has been dealt with, they would rttaill an a¢¢umulalion equal 10 opproximat¢ly six months income to ensure that
emergency r¢qu¢sts wi bo
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitutii)n
The tn]st IS 8ovcrned by a scheme of the Charity Commission dated 2nd May 1997. Previousty it was a scheme dated
2nd Nov¢mber IIXJ9 by the Board of Education as varied by schemes mad¢ by the S¢crdary of State for Education
S¢ith¢e On 3]￿ July 1967 and 29th Jun¢ 1970.
Oré#olsatloD
The Irustte5 meet al regular intervals to &ssess and approve applications for grants and r¢view the athninistration of the
charity. The twste¢s consider this to be adequate in a¢hievin8the main objectives of the Charity.
Page I

HINDLEY AND AB114M GRAMMAR SCHOOL
FOU¥DATION
REPORT OF THE TRUSTEES
ror the Yefir Ellded 31 Mareb 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered ChArlty #umber
526599
PTIDcipal address
38 Edinburgh Drive
HiT¥Jley Green
Wigan
Lancashire
WN2 4HL
Trustees
The charity rules provide for a b(Mty of trustees coAJsisting of six compet¢nt persons ar¢ divided into thre¢ type5, as
follows:
l. Cfropted trugle¢s- th¢5e 4r¢ tbre¢ tn]st¢es, each of wknm has a special knowledge of tk Metropoltton Borough of
Wigan. They hold office for five years.
2. NomlD4ted trit5tees - these are two such tnjstees being one person nominated by Wtgan Moropolitan Borough
Council and one person tKTrminated by Wigan and Leigh College. They hold office for fouryears.
3. Ex-offitio Irustee- this is the irtcumbent for the lime being of the kD¢fi¢e of St. Peter, Hindley.
Details of the personswho hav¢ been trustees 5inc¢ 1st April 2023 until the date of thi5 Teport are set out below.
c￿￿ted
G M Port¢rEsq- Chairnian- Re•¢I￿ted ApTiI 2023 for l y
G M Porter Esq- Tn￿l¢e- Re-elected April 2023 for 5 years
Mrs V Parr- Trnstee- Ke*lecied October 2021 for 5 years
Mrs A Naylor- TTU5tce- Elected January 2023 for 5 years
Notnln*ted
Marie Tigh¢- Ele(ted October 2021 for 4 years
{Appointee of Wigan and Leigh College)
Jennifer Mills- Ele¢ted March 2022 for4 years. R¢tired July 2023 replaced by..
MTS C.Tarring- Elecied April 2023 for 4 years.
{Appoint¢¢ of Wib¥an Councjl)
Ex4)fficio
R¢v N.Cook- Ap￿inted January 2023
Independent Enmlner
Faithurst
Chartered A¢¢owitants
Douglas Bal￿ House
Wigan Lane
Wigan
Lan¢ashire
WNI 2TB
Illvestmetst Advlsers
Rathlxjne [Th￿stMent Management Limit¢d
P88¢ 2

HINDLEY AND ABRAM GRAMMAR SCHOOL
FOUNDATION
REPORT OF THE TRUSIEES
for tbe Ye8r Ended 31 Morch 2024
Approved by order ofthe Ix)ard of tnBte¢s ¢)n ..................
. and sigrtd on its behalf by:
G M Porter- Trnste¢
Page 3

IP4DEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HINDLEY AND ABIL4M GRAMMAR SCHOOL
FOUNDATION
Indepethdent ex*mIlle￿$ report to tbe trnsteu of Hindley and Abrarn Grammar SehoDI Foulldalloll
I r¢port to the charity trustee5 on my examIn￿10n of the accoun¢s of Hindl¢y and Abram Grammar School Foundation
(the Trusi) for the year ¢nded 31 M8J¢h 2024.
RespoDsAbllltles b8s1s of report
As the charity tntst¢es of the Trusl you are resw>nsibk for the preparation of th¢ accounts in ac£ordance with the
requTrrements of the Charitits Ad 2011 {'the Act,).
I report iti respeci of my examination of the TTU5fs ￿¢0￿15 carried out under Section 145 of the Act and in carrying out
my examination I have followed a]18pplicable Directions given by ¢he Charity ComTni5$ion undeT Section 145(5Mb) of
The Act.
Independenl exam1•¢￿$ slat¢m¢nt
I have ￿Mpleted my examination. I c4)nfirm that no material matters have wme to my attention tn connection with the
examination giving me Cause to beltev¢ that in any material respect=
ac¢ouniing records were not kepl r¢spect ofthc Trust as required by Seciion 130 of Act. or
the accounts do not accord with ihos¢ r¢wrds: or
the account5 do ￿t comply with the applicable requirements co￿¢rningthe fgrnl attd content of 8c¢ounts set out
in the Charilies {A¢counts and Reports) Regulations 2008 other than any rtquiremeni thai the accounts give
tme and faiF ￿Ew whiGh is not a matter considered as part of arh independent exaMin￿10n.
I have no concerns and have come acros5 no otht¥ matters in connection thith th¢ examination to which attention sh￿Id
be drawn in ihis report in order to enable a proper unthrstsndin¥ of the accounts to be reached.
Mrs Jat* Dennis BA (Hons) FCA
Faithurst
Chartered Accountallts
Douglas Bank House
Wigan Lane
Wigan
Lancashire
12TB
Dai¢..
Page 4

HIIYDLEY AND ABRAM GIL4MMAR SCHOOL
FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
ror the Ye#r Ended 31 March 2024
2024
Total
nds
2023
Tota]
funds
Unr¢stricted
fulld
PernW￿￿t
Endownent
Notes
INCOME AND ENDOITrTrIENfs FROM
ItLV¢Stm¢n¢ inwme
28,479
28,479
25,831
EXPENDITURE O
RaisiDg fi]Dds
6,023
6,023
5.891
Cbarltabl¢ 8etlvitie5
Core activities
67,713
67,713
37,374
To¢AI
73,736
73,736
43,265
Ne¢ 8ain51{Ios5es1 on i#v¢stments
62,180
62,180
(59,752)
NET INCOME/(EXPENDITiiRE
Transfers ljetwetn fvnds
(45,257)
(67,078)
62,180
67,078
16.923
(77.186)
mov¢thtnt In thnds
1112,335)
129.258
16,923
177,1861
RECONCILIATION OF FUNDS
Total fimds brought forwtrd
162.864
1,040,817
1,203,681
1,280,867
TOTAL FUNDS CARRIED FORWARD
50,529
1.170,075
1,220,604
1,203,68 1
The no*s forn] pffl1 of these firtaTKial staiements
Page 5

HINDLEY AND ABRAM GRAMMAR SCHOOL
FOLQ¥DATION
STATEMENT OF FINANCIAL POSTfioN
31 March 2024
2024
Totsl
fimds
2023
Totsl
nds
UnTestricted Permanent
fund
Endowinent
Notes
FIXED ASSETS
Investrnents
1,170.075
1,170,075
1.040.817
CURRENT ASSETS
Cash at ballk
51069
52,069
164,404
CREDITORS
A I￿Ut￿ falling due within on¢ year
11.540)
(1.540)
(1.540)
NET CURRENT ASSETS
50.529
50,529
162,864
TOTAL ASSETS LESS CURRENT
LIABILITIES
50,529
1,170,075
1,220,604
1203,681
NET ASSETS
50,529
1,170,075
.220,604
1,203,681
FUNDS
Unrestricted funds
Endowvnent fL￿dS
50.529
1,170.075
161864
1.040.817
TOTAL FUNDS
1.220,604
1.203.681
nts w¢re approved by the Board of Trn51ee5 a[￿ authorised for issue
and were $i￿¢d on its behalf by..
on
G M Port¢r- 7"r￿stee
The not¢5 form pjrt of ihese firtancial statements
Pag¢ 6

Hif4DLEY AND ABRAM GRAMMAR SCHOOL
FOUNDATION
IYOTES TO THF. FINANCIAL STATEMENTS
lor the Year Ended 31 March 2024
ACCOUNTINC POLICIES
Ba$is of preparing ¢h¢ IIDgnclg15t9temeDts
The financial stsi¢m¢nts of lh¢ charity, which is a public benefjt entity under FRS 102. have been prepared in
accordance with the c.harities SORP {FRS 102) 'Accounting and Reporti￿ by ChaTilies'. Statement of
R¢wmmend¢d PractlC¢ applicable to charities preparing their accounts in accorthnce wth Financial
Reporting SthThJard applicable in lh¢ UK ond R¢public of IT¢lynd IFRS 102) {effective l January 2019),,
Financial R¢porting Sts￿dard 102 The Financial Reponing Ststsd applicable in the UK and Republic o*
Irela]Ml' and the Charities Aci 2011. The financial sthiem¢nts have been prepared under tk historical ¢ost
Conventiofy with the ex¢¢ption of inv¢stments which are included at market value. as tnodified by the revaluati(
of certain assets.
Income
All In￿Me is recognised in ihe Statejnent of Financial ActivilTtt OT]ce the charity has eniitl¢ment to the fund& it
IS PTobabl¢ ihat the income b¢ r¢¢¢ived and th¢ amount ¢an b¢ me&sured reliably.
Exp¢ttdit#re
Liabilities ar¢ re¢ogDis¢d ￿ expenditure as soon as th¢r¢ is a legal or c4)nstructive obligation cornmilling ihe
charity to that expenditure. it is probable that a transfer of economic benefits will be required in settl¢ment 2nd
the amount of the obligation can be measwtd reliably. Expenditure is accounied for on accruals basis and b
been classified under headings that a8gregat¢ a]1 cost related to the category. Vlhere Costs cannot be directly
attributed to particular headings tljey have been allocated io a¢tivi¢i¢s on a basis consiswlt with the us¢ of
resources.
Grants offered subject to eonditions which hwe not be¢n at the y(w end date are noted as a cornmttment but
not accrued as expendibjre.
Txxation
Th¢ ¢harÈty is exempt from tsx on its charitable activities.
Fynd actountiDg
Unr¢stri¢ted funds Can bc used in a￿Ord￿n￿ with th¢ charitabl¢ objectRves at the discretion of th¢ trustees.
Restricted fijnds can only k used for payticular restrided purposes wiihin the objects of the ¢harity. R¢5ttidions
arise when specifid by the donor or when funds are raised for particular restricted ptstposes.
Further explanation of the nature #thd pury)ose of each r￿d is included in th¢ not¢s to the financial stst¢m¢nts.
INVESTMENT INCOME
2024
2023
Dividend5 from Inve5tsnent Portfolio
De￿sIt account interest
27,613
25,425
406
28,479
25.831
Pag¢ 7
eonlinued...

HJNDLEY AND ABRAM GRAMMAR SCHOOL
FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- ¢ODtIDued
for the Year EDd¢d 31 M*r¢h 1024
RAISING FUNDS
IRvestmeDt managemeDt costs
2024
2023
Portfolio matjagement
5,934
5.891
TRUSTEES, REMUNEIL4TION AND BENEFITS
There wer¢ no Itust¢es' Jrmunernion or othw ben¢fit5 for the y¢aT ended 31 March 2024 noT for t￿ year ended
31 Mar¢h 2023.
Trys¢¢es' eipense5
There were no trustees. expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
FIXED A&SET II¥VESTMENTS
Listed
investments
MARKF.T VALUE
At l April 2023
Additions
Disposals
Rtv&luations
1,040,817
616,027
1489,2971
2,528
At 31 March 2024
1,170,075
NET BOOK VALUE
At 31 March 2024
1.170.075
Al 31 March 2023
1,040,817
All fixed &ss¢ts In￿8￿￿ents are held wthin a w)rtfolio managed by Raihbort Invesimrni Manag¢menL
C05t or va]uation at 31 MaTch 2024 is repTesented by..
Listed
investtnents
Valuation in 2024
1.170.075
Page 8
continued...

HINDLEY AND ABRAM GRAMMAR SCHOOL
FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued
for the YeAi Endtd 31 M#reb 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditOTS
1,540
1,540
MOVEMENT IN FiIIYDS
Net
Transfers
movement between
in fu￿lS
funds
At
3113124
At 114123
Unre$trfficted fumds
Gen¢ral ￿nd
162,864
145,257)
(67.078)
50.529
Endowmettt fund5
Pernian¢nt ETrJownent
1.040,817
62,180
67,078
1,170,075
TOTAL FUNDS
1,203.681
16,923
1.220,604
Net mov¢ment in fiv]￿. included in the above are a8 followts..
Incoming
r¢wurc¢s
R¢source5
expended
Gain5 and
105se$
Movement
in funds
UDrestritted futsds
General fund
28,479
173,736)
(45.25D
Endown*nt futhd$
P¢rn)£nent Endowment
62.180
62.180
TOTAL FUNDS
28.479
173.736)
62,180
16,923
compAr&t1v￿ for mov¢meDt in fund$
Nd
movement
TTansftrs
bemeen
funds
At
3113Q3
At 114122
Unre$trl¢¢¢d
General
272.627
(17,434)
192,329)
162,864
EThdowment funds
Permanent ETMlowm¢nt
1,008,240
{59,752)
92J29
1.040,817
TOTAL FUNDS
1,280,867
{77.186}
,203.681
Pagt9
continued...

HINDLEY AND ABIL4M GRAMMAR SCHOOL
FOUNDA TION
NOTES TO THE FINANCIAL STATEMENTS- ¢oDtlnved
for the Year Enthd 31 March 2024
MOVEMENTIN FUNDS-¢ontiDv¢d
Comparative net movement in fimds. in¢luded in the alM)ve are as follows:
Incoming
r¢sourc¢s
R¢sour¢e$
expended
G8ins and
losses
Movem¢nt
in fvThJs
Unr¢stritted funds
General fund
25,831
143,265)
{17,434>
EDdowment funds
Pern￿]ent EtNJowm¢nt
(59,752)
{59.752}
TOTAL FUNDS
25.831
143.265)
159,752)
(77.186>
RELATED PARTV DISCLnSURES
Th¢r¢ were no related party transhclions for the year ended 31 Mar¢h 2024.
Page 10

HINDLEY AND ABRAM GRAMMAR SCHOOL
FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
lor the Year Ended 31 Mireb 21124
2024
2023
INCOME AND ENDOWMENTS
Investrnent incorne
Divid¢nds from Inv¢5¢m¢nt Portfolio
Dep05il account interest
27,613
866
25,425
28,479
25,831
Tot41 iDcomiDg resources
28,479
25,831
EXPEI¥DITURE
RgisiDg doD8tloDs 1￿cleS
Sundries
89
IDve$lm¢Dt mgD•gement costs
Porrfolio M￿ageMent
5.934
5,891
Ch#rltsble Ietlvltles
Grants to individuals
65,143
35,760
Sypport C0515
Mart*gtmellt
Secretarial fee
2.000
1.044
Coi'ernanee costs
A¢¢ountancy and le¥al fees
570
570
Total resources expended
73.736
43.265
Ntt expelldhmrt before gakn$ and 10sg¢8
145,257)
117,434)
Re*lised reeoglllsed galDS 4ud lo￿¢9
Realis￿ sairLs1{105sesl on fixed asset inv¢sl¥u¢nt5
59.652
$,960
Net iDtothtl(expendltMre)
14,395
(8,474)
This pag¢ does noi fomi part of the statw financial statements
Pag¢ll