2025-07-31-accounts - The Wrekin Old Hall Trust Limited

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Saffery LLP

16 April 2026

		`2025`	`2024`
	`Notes`	`Total`	`Total`
		`£`	`£`
`Incomefromcharitableactivities`
`Schoolfeesreceivable`	`2`	`11,805,854`	`13,330,001`
`Othereducationalincome`		`429,100`	`335,446`
`Otherancillarytradingincome`	`3`	`157,795`	`134,344`
		`12,392,749`	`13,799,791`
`Othertradingactivities`
`Rentsandschoollets`		`264,940`	`267,719`
`Investmentincome`	`4`	`57,749`	`131,089`
`Donationsandotherincome`	`5`	`(148)`	`2,549`
`Totalincome`		`12,715,290`	`14,201,148`
`Expenditureonraisingfunds`
`Fundraising`		`36,466`	`65,916`
`Financecosts`		`27,337`	`35,882`
		`63,803`	`101,798`
`Charitableactivities`
`Provisionofeducationandgrants`		`14,298,597`	`13,392,582`
`Totalexpenditure`	`6`	`14,362,400`	`13,494,380`
`Netincomefortheyear`	`7`	`(1,647,110)`	`706,768`
`Pensionschemeactuarialadjustments`	`23`	`(21,195)`	`11,000`
`Netmovementinfunds`		`(1,668,305)`	`717,768`
`Fundbalancesbroughtforwardat1 August`		`22,192,346`	`21,474,578`
`GeneralFundbalancescarriedforwardat31July`		`20,524,041`	`22,192,346`

	`Notes`	`2025`	`2024`
		`£`	`£`
`TangibleFixedAssets`	`8`	`21,541,900`	`21,615,452`
`Investments`
`Investmentinsubsidiary`	`11`	`2`	`2`
		`21,541,902`	`21,615,454`
`CurrentAssets`
`Stocks`	`10`	`31,916`	`27,180`
`Debtors`	`12`	`674,497`	`627,525`
`Cashatbankandinhand`		`521,555`	`3,282,710`
		`1,227,969`	`3,937,415`
`Creditors:DuewithinOneYear`	`13`	`(2,113,772)`	`(3,186,740)`
`Netcurrentassets`		`(885,803)`	`750,675`
`Totalassetslesscurrentliabilities`		`20,656,099`	`22,366,129`
`Creditors:DueinmorethanOneYear`	`14`	`(111,402)`	`(167,040)`
`NetAssetsexcludingprovisions`		`20,544,697`	`22,199,089`
`PensionsTrustprovision`	`23`	`(18,913)`	`(5,000)`
`TotalNetAssets`		`20,525,784`	`22,194,089`
`Calledupsharecapital`	`16`	`1,743`	`1,743`
`Unrestrictedfunds`
`Generalreserve`	`17`	`20,542,954`	`22,197,346`
`Pensionreserve`		`(18,913)`	`(5,000)`
`TotalFunds`		`20,525,784`	`22,194,089`

	`Notes`	`2025`	`2024`
		`£`	`£`
`Netcash(usedin)/providedbyoperatingactivities`	`20`	`(1,943,777)`	`2,143,009`
`Cashflowsinfrominvestingactivities`
`Interestreceived`		`57,750`	`131,089`
`Purchaseofproperty,plantandequipment`		`(764,018)`	`(1,643,300)`
`Proceedsfromthesaleofproperty,plantandequipment`			`10,600`
`Netcashprovidedby/(usedin)investingactivities`		`(706,268)`	`(1,501,611)`
`Cashflowsfromfinancingactivities`
`Repaymentofbankloans`		`(111,111)`	`(333,333)`
`Proceedsfromnewbankloans`
`Netcashprovidedby/(usedin)financingactivities`		`(111,111)`	`(333,333)`
`Changeincashandcashequivalentsinthereporting`
`period`		`(2,761,155)`	`308,065`
`Cashandcashequivalentsatthebeginningofthe`
`reportingperiod`		`3,282,710`	`2,974,645`
`Cashandcashequivalentsattheendofthe`	`21`	`521,555`	`3,282,710`
`reportingperiod`

`Plantandequipment`	`-§ to30years`
`Computerequipment`	`-3 to5 years`
`Furniture,fixturesandfittings`	`-10years`
`Motorvehicles`	`-4 years`
`Freeholdbuildings`	`-10to100years`

`2`	`Fees`
		`2025`	`2024`
		`£`	`£`
	`Grossschoolfees`	`14,269,460`	`15,953,736`
	`Less:Scholarships,bursaries,grantsandallowances`	`(2,625,838)`	`(2,814,113)`
		`11,643,621`	`13,139,623`
	`Bursariesandscholarshipsfromexternalbodies`	`162,232`	`190,378`
		`11,805,854`	`13,330,001`
`3`	`OtherIncome`
		`2025`	`2024`
		`£`	`£`
	`Otherancillaryincome`
	`SportsHallincome`	`28,546`	`20,983`
	`Transportto/fromschool`	`65,112`	`50,345`
	`GiftaidfromWrekinTradingLimited`	`63,689`	`62,964`
	`Schoolshop(uniformsales,OldHall)`	`447`	`52`
		`157,795`	`134,344`
`4`	`InvestmentIncome`
		`2025`	`2024`
		`£`	`£`
	`Interestreceived`	`57,749`	`131,089`
`5`	`DonationsandOtherIncome`
		`2025`	`2024`
		`£`	`£`
	`Donationsandgrants`	`(148)`	`2,549`

`6AnalysisofTotalExpenditure`				`2024`
	`Staffcosts`	`Other`	`Depreciation`	`Total`
		`costs`
	`£`	`£`	`£`	`£`
`Costsofgeneratingfunds`
`FundraisingDevelopmentOffice`	`26,302`	`10,164`		`36,466`
`Financecosts`		`27,337`		`27,337`
	`26,302`	`37,501`		`63,803`
`Charitableactivities`
`Provisionofeducation`
`Teaching`	`6,861,244`	`736,826`	`-`	`7,598,070`
`Welfare`	`904,655`	`1,149,142`	`-`	`2,053,797`
`Premises`	`684,278`	`1,397,529`	`837,571`	`2,919,378`
`Supportcosts`	`931,982`	`835,380`	`-`	`1,767,362`
	`9,382,159`	`4,118,877`	`837,571`	`14,338,607`
`Grants,awards& prizes`	`-`	`(67,500)`	`-`	`(67,500)`
`Governancecosts`	`-`	`34,535`	`-`	`34,535`
	`9,382,159`	`4,085,912`	`837,571`	`14,305,642`
`Totalresourcesexpended`	`9,408,461`	`4,123,413`	`837,571`	`14,369,445`
				`2024`
	`Staffcosts`	`Other`	`Depreciation`	`Total`
		`costs`
	`£`	`£`	`£`	`£`
`Costsofgeneratingfunds`
`FundraisingDevelopmentOffice`	`57,776`	`8,140`	`-`	`65,916`
`Financecosts`	`-`	`35,882`	`-`	`35,882`
	`57,776`	`44,022`	`-`	`101,798`
`Charitableactivities`
`Provisionofeducation`
`Teaching`	`6,223,202`	`879,491`	`-`	`7,102,693`
`Welfare`	`757,482`	`1,119,831`	`.`	`1,877,313`
`Premises`	`714,885`	`1,166,285`	`745,523`	`2,626,693`
`Supportcosts`	`871,665`	`811,301`	`.`	`1,682,966`
	`8,567,234`	`3,976,908`	`745,523`	`13,289,665`
`Grants,awards& prizes`	`-`	`72,000`	`-`	`72,000`
`Governancecosts`	`-`	`30,917`	`-`	`30,917`
	`8,567,234`	`4,079,825`	`745,523`	`13,392582`
`Totalresourcesexpended`	`8,625,010`	`4,123,847`	`745,523`	`13,494,380`

	`2025`	`2024`
	`£`	`£`
`Depreciation- onownedassets`	`837,571`	`745,523`
`Auditors’remuneration`	`24,239`	`19,721`
`Bankcharges`	`13,957`	`21,099`
`Donations`	`(67,500)`	`72,000`
`Bankinterestreceivable`	`(56,578)`	`(122,866)`
`Otherinterestreceivable`	`(1,171)`	`(8,223)`
`OperatingLeasepayments`	`30,232`	`30,232`

`TangibleAssets`
	`Freehold`	`Plant&`	`Computer`		`Furniture`	`Motor`		`Total`
	`Property`	`Equipment`	`Equipment`		`&Fixtures`	`Vehicles`
	`£`	`£`	`£`		`£`	`£`		`£`
`Cost`
`1August`
`2024`	`27,751,684`	`1,271,501`	`434,891`		`1,788,088`	`223,449`		`31,469,613`
`Additions`	`564,463`	`5,663`	`14,704`		`152,426`	`26,477`		`763,734`
`Disposals`	`(3,114)`	`(7,479)`		`~`	`(87,386)`		`-`	`(97,979)`
`31July`
`2025`	`28,313,033`	`1,269,686`	`449,595`		`1,853,412`	`249,926`		`32,135,652`
`Depreciation`
`1August`
`2024`	`7,667,582`	`807,995`	`342,726`		`849,430`	`186,428`		`9,854,160`
`Chargefor`
`Year`	`522,359`	`97,553`	`43,215`		`148,291`	`25,869`		`837,287`
`Disposals`	`(3,114)`	`(7,479)`		`-`	`(87,386)`		`-`	`(97,979)`
`31July`
`2025`	`8,186,827`	`898,338`	`385,955`		`910,335`	`212,297`		`10,593,752`
`NetBookValue`
`31July` `2025`	`20,126,206`	`371,348`	`63,655`		`942,794`	`37,629`		`21,541,900`
`31July`
`2024`	`20,084,102`	`463,506`	`92,166`		`938,658`	`37,021`		`21,615,453`

`tocks`
	`2025`	`2024`
	`£`	`£`
`Rawmaterialsandconsumables`	`26,365`	`21,376`
`Goodsforre-sale`	`5,551`	`5,804`
	`31,916`	`27,180`

`nvestmentinSubsidiary`
	`2025`	`2024`
	`£`	`£`
`SharesatCost`	`2`	`2`

`followinginformationisdisclosed:`
	`2025`	`2024`
	`£`	`£`
`BalanceofCapitalandReserves`	`2`	`2`
`ResultfortheYear`	`55,128`	`62,964`
`ebtors`
	`2025`	`2024`
	`£`	`£`
`Debtorsinrespectofschoolfees`	`377,860`	`395,815`
`Otherdebtors`	`82,930`	`1,047`
`AmountduefromWrekinTradingLimited`	`110,751`	`116,283`
`Prepaymentsandaccruedincome`	`102,956`	`114,380`
	`674,497`	`627,525`
`reditors:Amountsfallingduewithinoneyear`
	`2025`	`2024`
	`£`	`£`
`Schoolfeespaidonaccount`	`975,837`	`1,499,257`
`Tradecreditors`	`515,834`	`515,272`
`Othercreditors`	`293,155`	`271,017`
`Taxationandsocialsecurity`	`193,682`	`157,723`
`Accrualsanddeferredincome`	`135,264`	`632,360`
`CBIL` `loan`	`.`	`111,111`
	`2,113,772`	`3,186,740`

		`2025`	`2024`
		`£`	`£`
`Schoolfeespaidonaccount`		`111,402`	`167,040`
		`111,402`	`167,040`
		`2025`	`2024`
		`£`	`£`
`Amountspayableasfollows:`
`1-2`	`years`	`67,090`	`81,872`
`2-5`	`years`	`44,312`	`85,168`
		`111,402`	`167,040`

			`Allotted,calledup`	`Allotted,calledup`
				`andfullypaid`
	`2025`	`2024`	`2025`	`2024`
	`£`	`£`	`£`	`£`
`£1ordinaryshares`	`5,000`	`5,000`	`1,743`	`1,743`
`eserves`
				`£`
`At1 August2024`				`22,192,346`
`Netmovementinfunds`				`1,668,305`
`At31July2025`				`20,524,041`
`Generalreserve`				`20,542,954`
`PensionsTrustreserve`				`(18,913)`
`At31July2025`				`20,524,041`

`19EmployeesandEmployeeCosts`
	`2025`		`2024`
	`£`		`£`
`Wagesandsalaries`	`7,503,971`		`6,947,236`
`Socialsecuritycosts`		`753,284`	`617,845`
`Otherpensioncosts`	`1,151,206`		`1,047,929`
	`9,408,461`		`8,613,010`
`Theaveragemonthlynumberofemployeesofthecompanyduringthefinancialyear`	`wasas`	`follows:`
	`2025`		`2024`
	`Number`		`Number`
`Teachingstaff`		`123`	`118`
`Establishmentandadministrativestaff`		`125`	`128`
		`248`	`246`
`Staffnumbersarequotedona headcountbasis.`
`Thenumberofemployeeswhoseemolumentsexceeded£60,000were:`
`£60,000` `-£70,000`		`6`	`5`
`£70,001` `-£80,000`		`4`	`2`
`£80,001` `-£90,000`			`4`
`£90,000` `-£100,000`			`4`
`£120,000- £130,000`		`1`	`1`
`£130,000- £140,000`

				`2025`	`2024`	`2024`
				`£`	`£`
	`Netincomeforthereportingperiod`		`(1,654,392)`			`706,768`
	`Adjustmentsfor:`
	`Interestreceivable`			`(57,749)`	`(131,089)`
	`Depreciationcharges`			`837,571`		`745,523`
	`(Profit)/Lossondisposaloffixedassets`				`(10,600)`
	`(Increase)/Decreaseinstocks`			`(4,736)`		`10,262`
	`(Increase)/Decreaseindebtors`			`(46,972)`		`234,422`
	`Increaseincreditors`		`(1,017,497)`			`587,723`
	`Netcashprovidedbyoperatingactivities`		`(1,943,777)`		`2,143,009`
`21`	`AnalysisandReconciliationofNetFunds`
				`Other`
				`non-`
		`At1 Aug`		`cash`	`At`	`31July`
		`2024`	`Cashflow`	`changes`	`2025`
		`£`	`£`	`£`		`£`
	`Cashatbankandinhand`	`3,282,710`	`(2,761,115)`			`521,555`
		`3,282,710`	`(2,761,115)`			`521,555`
	`CBILloanrepayable`	`(111,111)`	`111,111`				`2`
	`Netfunds`	`3,171,599`	`(2,650,044)`			`521,555`
	`Cashatbankandinhand`	`3,282,710`	`(2,761,115)`			`521,555`
	`CBILloanduewithinoneyear`	`(111,111)`	`111,111`				`-`
	`CBILloandueafteroneyear`	`0)`					`-`
	`Netfunds`	`3,171,599`	`(2,650,044)`			`521,555`

					`2025`	`2024`
					`Other`	`Other`
					`£`	`£`
`Within`	`one`	`year`			`54,756`	`48,493`
`Later`	`than`	`one`	`yearandlessthanfive`	`years`	`130,659`	`76,844`
					`185,415`	`125,337`

	`PeriodEnding`	`PeriodEnding`		`PeriodEnding`	`PeriodEnding`
	`31July`	`2025`		`31July`	`2024`
	`(£s)`			`(£s)`
`Provisionatstartofperiod`		`4,798`			`13,966`
`Unwindingofthediscountfactor(interestexpense)`		`61`			`524`
`Deficitcontributionpaid`		`(7,345)`			`(9,699)`
`Remeasurements- impactofanychangeinassumptions`		`204`			`7`
`Remeasurements- amendmentstothecontributionschedule`		`21,195`			`-`
`Provisionatendofperiod`		`18,913`			`4,798`
`INCOMEANDEXPENDITUREIMPACT`
	`PeriodEnding`			`PeriodEnding`
	`31July`	`2025`		`31July`	`2024`
	`(£s)`			`(£s)`
`Interestexpense`		`61`			`524`
`Remeasurements— impactofanychangeinassumptions`		`204`			`7`
`Remeasurements— amendmentstothecontributionschedule`		`21,195`			`-`
`Contributionspaidinrespectoffutureservice*`			`e`		`=`
`Costsrecognisedinincomeandexpenditureaccount`			`*`		`*`

	`31`	`July2025`	`31July2024`		`31July2023`
	`%`	`perannum`	`%perannum`		`%perannum`
`Rateofdiscount`		`4.33`		`5.23`		`5.98`

`Year`	`ending`					`2023`
`Year`	`1`	`7,488`		`4,849`		`9,699`
`Year`	`2`	`7,488`			`-`	`4,849`
`Year`	`3`	`4,992`			`-`		`.`
`Year`	`4`		`-`		`-`		`-`
`Year`	`5`		`-`		`-`		`.`
`Year`	`6`		`=`		`z`		`a`
`Year`	`7`		`-`		`-`		`<`
`Year`	`8`		`-`		`-`		`.`
`Year`	`9`		`-`		`:`
`Year`	`10`		`-`		`-`		`7`
`Year`	`11`		`-`		`-`		`=`
`Year`	`12`		`-`		`-`		`*`
`Year`	`13`		`-`		`-`		`=`
`Year`	`14`		`-`		`-`		`=`
`Year`	`15`		`=`		`-`		`.`
`Year`	`16`		`-`		`-`		`-`
`Year`	`17`		`-`		`-`
`Year`	`18`		`-`		`-`		`.`
`Year`	`19`		`-`		`-`		`-`
`Year`	`20`		`-`		`-`		`=`