The Diocese of Lincoln (Educational Endowments) (Navenby Church of England School) Order 2019

It has been shown to the satisfaction of the Secretary of State for Education (“the Secretary of State”) that the endowment of the educational foundation known as Navenby Church of England School in the County of Lincolnshire is or has been held in connection with the provision of religious education in accordance with the tenets of the Church of England at a voluntary school, the premises of which have ceased to be used for the purposes of such a school.

The endowment is comprised in a gift of land by the Dean and Chapter of Lincoln Cathedral to the Rector and Churchwardens of the Parish of Navenby in 1816.

Application for an order making new provision as to the use of the remainder of the endowment comprising the interest accrued on the said proceeds of sale up to the date of the above mentioned determination has been made to the Secretary of State by Lincoln Diocesan Trust and Board of Finance Limited, the trustee of the foundation, which body appears to the Secretary of State to be the appropriate authority of the Church of England for the purpose.

The assets representing the endowment of the foundation consist of £118,243.31 being the interest accrued on the net proceeds of sale of the former school premises and held on deposit at CCLA Investment Management Limited and any income derived from those assets before the coming into force of this Order.

No representations have been made on the proposed Order.