## **IMPACT REPORT 2019 – 2020** The Friends of King’s College School (“ **The Friends** ”) is a registered charity which was founded by parents in 1978. Its objectives are to further the education of pupils at King’s College School Wimbledon (“ **King’s** ”) and pupils at other schools in the maintained sector and overseas with which King’s has a formal relationship (“ **Partnership schools** ”) During 2019/2020, in accordance with our charitable objectives, The Friends supported the school community and raised over £77,000 gross funds through a range of events organised by parents who donated over 4500 hours of their time. We also welcomed new parents and brought parents together at informal social gatherings in 2019. Sadly, such in-person events were not possible in 2020 due to Covid-19. We allocated £27,118 to projects to advance the education of those at King’s and our Partnership schools. The Friends organises social and fundraising events throughout the year These events bring parents together and raise funds used to benefit those we support We remain enormously grateful to everyone who has attended or helped organise our events throughout 2019. No doubt 2020 will be challenging for all of us navigating Covid19, but we remain optimistic that parent support will continue undeterred. ## Thank you ## Michelle Gilligan | Chair The Friends of King’s College School Wimbledon | Southside Common | SW19 4TT Registered Charity No: 1005992 | friends@kcs.org.uk | @KCSFriends | www.kcs.org.uk Page 1 of 5 ## **OUR PEOPLE** The two Vice Chairs supported the Chair and Year Group Representatives. Meetings were held regularly and the VCs always readily available to answer any queries from the group. They also looked after key relationships with both the Junior and Senior Schools, delivering a busy and coordinated diary of Friends’ events and thoughtfully planned communications to parents on a host of subjects. The 63 Year Group Reps organised events which enabled parents to get to know one another and supported Event committees by mobilising hundreds of volunteers. The 11 event committees (seven fundraising and four non-fundraising) involved parents from across year groups. All fundraising committees were chaired or co-chaired by a member of the current Friends’ Council. Parents generously gave their time to deliver enormously successful events. The 19 Council members met regularly throughout the academic year to review activities and to decide, on behalf of parents and in consultation with King’s, how best to allocate the funds raised in accordance with the charitable objectives set out in our Constitution. Individual Council members looked after specific events and their committees or undertook supporting roles. Projects included fulfilling obligations to The Charity Commission and working with King’s to implement 2 Vice Chairs 11 Committees 19 Council Members 63 Year Group Reps 4500+ hours of volunteer time were at the heart of our successful 2019 year ## **OUR ACTIVITIES** Our fundraising activities in 2019/2020 were limited due to Covid-19: Christmas Fair, Quiz Night (just before lockdown) and Second Hand Uniform Sales. We also hosted two non-fundraising events where parent teams worked alongside school staff to organise the Careers Fair and Community Tea. The Partnership liaison monitored The Friends’ integration with King’s Partnership schools and initiatives throughout the year. Page 2 of 5 ## **OUR IMPACT** Feedback from projects and items funded makes the efforts of our army of volunteers worthwhile. Items are purchased and integrated into use as soon as possible. Recent testimonials include: Bursaries: _“Going to King’s opens doors for you.”_ Amplifiers: _“In regular use with both school and pupil led bands and are considerably lighter than the older systems so are very popular as pupils transport them around the school site.”_ Football Goals: _“U12 Teams and in particular the goalkeepers have developed by being challenged but not disheartened with the correct size goals for their age group. More home fixtures have already been organised.”_ Lighting Console: _“It’s always a destination for lunchtime and off lesson learning for pupils wanting to learn more about this exciting aspect of technical theatre.”_ The Student View – journalism programme at Partnership schools: _“Seeing how easily distracted 12 year olds have grown in enthusiasm and levels of literacy has made me excited for every Friday afternoon.”_ ## **FUNDS RAISED** Our fundraising efforts raised over £47,000 net. Significant contributions included: Christmas Fair £28,088 Quiz Night £9,170 Second Hand Uniform Sales £10,404 These events continue to popular fundraising events, despite increased costs for the Christmas Fair due to increased technology costs and the printed magazine being discontinued. Second Hand Uniform Sales’ revenue has almost doubled in just two years. This is an incredibly popular affordable resource for parents. All funds raised are donated to the Bursary Fund. ## **BIDS PROCESS** Each term, the Council received collated bids from the Development Office for funds from members of the school community. Each bid took the form of a business case, endorsed by the relevant head of department and is required to advance the education of pupils at King’s or our Partnership schools and would not otherwise be funded. The Council discussed the relative merits of each bid, requested further information as necessary and voted accordingly. In September the Council again voted to pre-authorise £7,000 for our Partnerships programmes, for items consistent with those funded in previous years, rather than receiving individual bids for Partnership items. This year we allocated £27,118. Page 3 of 5 ## **FUNDS ALLOCATED** ## **BENEFITS TO STUDENTS** ## _**Partnership schools and bursaries**_ - £10,889 from Second Hand Uniform sales to Bursary Fund - Support for Open Doors and Community Production - Transport for Junior Aspirations - Funding for journalism project at Partnership schools ## _**Partnerships schools and bursaries**_ - Additional bursary funds - Increasing integration & opportunities for Partnerships - Increasing number of students and time at activities for King’s and partnership pupils due to ease of transport ## _**Sports**_ - Rowing telemetry equipment - Electronic scoreboard for Kingsway - Football goals of various sizes - Roll on cricket cages - Swimming pool timing system (contribution) ## _**Sports**_ - Using technology to upgrade training - Broadening training opportunities for all abilities & ages - Professionalisation of equipment ## _**Music and Drama**_ - Portable PA system with three amplifiers - Three full day ensembles in residence ## _**Music and Drama**_ - Further professionalising theatre and music - New lighting console During 2019/2020, The Friends authorised £27,118 to advance the education of pupils at King’s and our Partnership schools Page 4 of 5 ## **LOOKING FORWARD** We actively work to strengthen the sense of community at King’s and to further enhance the already strong relationship between The Friends and the broader school community in innovative and creative ways within the restrictions of Covid-19. We will continue to work with the school to review the bids process and ensure it best reflects the school’s budgeting timetable and educational needs. We will aim to dispense funds to projects at King’s and our Partnership schools that embody the values of The Friends. Given the current pandemic, we will explore new systems and technologies, in line with GDPR restrictions, not only improve communications through social media, but also to adopt virtual platforms for future initiatives and events. ## **SPECIAL THANKS** We are immensely grateful to everyone who helped organise, support or attended our events. Without the efforts of our many supporters and volunteers, our results and the King’s sense of community would be diminished. In addition to all the Year Group Representatives and Council members, special thanks go to the following people for their outstanding contributions this year: Liza Llewellyn and Shamani Surendran (Careers Fair) and Emma Wilson (Community Tea). We are extremely grateful to both Headmasters, the Development Office and all members of the school community who have so generously supported us and contributed to our success this year. ## **THE COUNCIL OF THE FRIENDS as of 31 July 2020** Owen Carlstrand (Governor), Simon Champion, Michelle Corbett, Laura Cottrell (Development Office), Stephanie Cox, Louise Furber, Michelle Gilligan, Helen Hodge, Gauri Nafrey, Bana Nuseibeh, Prachi Prasad, Olga Shibiko, John Short Ring (KCS Senior School appointee), Gerard Silverlock (Headmaster KCJS), Samantha Sinclair, Catherine Slattery and Julie Straughan. Page 5 of 5 THE FRIENDS OF KING'S COLLEGE SCHOOL Regi5wed CIHricr No. I￿5992 sAPIEfy7E THE FRIENDS KING'S COLLEGE SCHOOL Report and Financial Statements Year ended 31 July 2020 THE FRIENDS OF KINGS COLLEGE SCHOOL Financial Statements for the year ended 31 July 2020 Contents Pages Trustees, Officers and Attvisors Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the financial statements 8-10 THE FRIENDS OF KINGS COLLEGE SCHOOL Trusttts. oifKtrs arKI Advisors Trustees MichelSe Gillipn (Chair) Helen Hodge (Honorary TreaSU￿r) Sarrontha Sinclair {HOn￿ary Secrefary) Owen Carlstrand (Governor) John Short Ring {Alternate for Headffrasttr KCS) Dr Gerard Silverlock (Headnyarter KCJS) Inna knentiev Samantha Barney Sirr￿n Champion Michelle Corbert Laura Cottrell Stephanie Cox Louise Furber Gauri Nafrey Bana Nuseibeh Leila Offerhaus Olga Shibiko Catherine Slattery Julie Strauzhan Principal Office clo The Porters, LDJge King's College School Southskle Wlmbledon Corrmon LONDON SW19 4rr Bankers Barclays Bank PLC CCLA Investment Management Ltd Independent Examlner Julla Townsend BA FCA 54 Haydon Park Road London SW19 8JY THE FRIENDS OF KINGS COLLEGE SCHOOL Report of the Trustees for the year ended 31 July 2020 The Trustee5 present their reyt along with the financrl 5tstements of the Charity for the year ended 31 July 2020. The financial staten￿nts have teen prepared in accordance with the accounting policies set out on p3ge 8 and conyty with the Charity's conlliwtion and applicable law. The object of the Charlty is to adwdnce the education of pupils ar King's College School. Wimbledon. In fijrthernnce of this obie¢ The Frtends rror. deyelop rnre exwded relationships t¢￿een the staff, parent5 and others associated with the School, and with schools in the nTaintairbed sector and over5wds wlth the School has forrrydl relationships. engage in activities which support the School and advance the educ3tion of the pupils attending IL including those from sclKK)Is in the public sectsy wlth whkh the school ha5 a forrr&l relationship provide and assist in the FKOVISi￿ of facilities for edu(3tion at tl* School not normally provided by the Governing Body. The Trustees confirm that they have referred to the Chariry Commlssloft's general guidance on pU￿1C benefrt when wlewing the ChariW5 aims and obiettives and in planning attivities. The management of the Charity 15 vested in a Council conslsting of not more than twenty four members. These Include the Head Master, the Headnmster of the Junior School and the Development Director as well as a member of the Governiftg B¢)dy of the School. The Chair. Honcrary Secretsry. rhe Honorary Treasurer and the other ordinary ￿￿rnbers are appointed at the Annual Generdl Meetin& The rrembers of the Council for year 2019-20 were: Mlchelle Gillizan (Chiir- ektted as of I I Layr4 Cottrell November 2019) SteFthanie Cox (re-eletted as of 11 Helen Hcrfjge I l November 2019) Louise Furber Samantha Sinclair (Honorary Secrettry) Mark Klein (resigned as of I I Owen Carlstrand {Governor) Novents 2019) John Short Ring (Alcernate for HeadnTrster KCS) Gauri Nafrey Dr Gerard Silverlock (HeadnTrstrr KCJS Bana Nuseibeh (COwOPted as of 3 Inna Axientiev (COthOPted as of I l Novemb February 2020) 2019) Leila Offerhau5 (co-OPted a5 of I I Samantha Barney (co-optrd as of I l November November 2019) 2019) Prnchi Fhsad (resigned as of I I Sarnh Betteley (resigned as of 3 February 2020 Noyernber 2019) Anneke de Boer (resi￿ as of I l NOVem￿r Olga Shibiko 2019) Catherine Slar Pia Brune (resigned as of I l November 2019) Julie Strdughxn Simon Charyxon Julia Townsend (resigned as of I I Mi'chelle Corbett Novernber 2019) THE FRIENDS OF KINGS COLLEGÉ SCHOOL Report of the Trustees for the year ended 31 July 2020 Barclays Bank plc - current account CCLA (COIF)- deposit account The Council meets four tiffes a year to adff#nister the Chartty arKI to make decisions about expenditure on School projects. The organisation of the fundraising events is rrranaged on dayvtO•day basis by individinl event conwnittees ￿de up dparents from different year groups of the School. Each event committee is chaired by or under the control of a current member of the Council. Due to the Covld-19 pandenM¢ the final Council ￿￿etIng for the year d*J not take place. With the invaluable help of the parent volunteer% especialty zhe Year Group Rewesentstives. The Friends have coM￿eted another year of successful fundrnisin& although disapp)intingly the Covid-19 pandernlc has resuhed in the postpmement of our Summer Term events. These activitie5 have added a net £47.662 (tefore project expenditu￿) to the opening funds of 142,612. Projeccs totalting £67,709 have ￿en conyleted during 2019-20 and detai15 of this expendlture can be seen in note 6 to the financial sta*Thents. As at 31° July 1020, £68.468 has been committed to further ex￿ndIture on Khool proiecrs. Profits achieved on the sale of second hand unlforn)s are donated to KCS Entewises as a contrlbutlon to bursaries. Due to the on&ng p3ndemiG the Trustees have Tr￿de the decision to postpone our large scale Autumn Tem events includin8 Firework& and the Chrlstmas Fair where signrficant lead tlmes are required to ortdnise such event& This wTrll have an adverse effect on our fundraising efforts for 2020. The Surrnrer Ball which was due to take place at The Hurlingham Club. London in May 2020 has teen reKheduled for April 2021 and a deposit of £23,940 is held by the venue. The Yiability of this event 1$ being kept under re¥￿W and rf it is necessary to cancel, charge may arlse. The Charty has a very close relailonshlp wlth Kinls Colle8E SclKX)I which is a charir/ and which nomlnates some of the Trustees of The Friends. Internal risks are minimised by the impFemenration of forffAI procedure5 for rhe authorlsatlon of all transactions and projects. Budgeting and expenditure control of events are formulated so that there is an exce55 of income over PJF*nditure for each fundraising event To reduce exposure to risl monies are onty corrmitted to projects after the Ivnd5 have been raised. never in anticipation. THE FRIENDS OF KING'S COLLEGE SCHOOL Report ol the Tr￿te¢S for the year ended 31 July 2020 The Charty has no fixed cornmitTr£nts and. therefore. it 15 not considered necessary to hold any specifK ￿Ver of reserves. As ff￿nies are only allocated to prosects after the funds have been I"aise& Lhe cliai.ity wlll usually. ar any dat& hvld I"ewves sorre of which nydy ali eady be committed to projects. It is the polbcy of the Charity to deternmne that the toral of funds committed wdl never exceed the fijnds held. Inv Under the Constitution. there are no restrittions on rhe power of the Charity to make any investment5 which the Trustees See flL Any surplus cath is placed on deposir in the COIF CPrdrlties Deposit Fund (see note 8). The Charities Act 2011 requires the Trustees to prepare financial statements for each flnancial year which give a true and fair wew of the Charity's financial actrvities during the year and of its financial position at the end of the year. In preparirrfd the financial 5r3￿MentS the Trustees are required to.. select SUltsb￿ accounting pollcles that are appropriate for the Charity and apply th consistently,. make judgements and estlnMte5 that are reasonable and prudenL follow applicable accounting standards and the Charlties SORP. dlsclosing and explaining any depanwes in the financial ststenEnts and prewdre the financi31 state￿nts on the basis that the Charlty wlll contlnue In operatlon unless It is Inapsry•ria* to presume thi5. The Trustees conflrm that they have complied with the above requirements in preparlng the financial statements. The Trustees a￿ required to mawe the Charity in accordance with its Constitution. rn3intain accounting records which disclose wlth reasonable accuracy at any time the financial FQSition of the Charity and enable them to ensure that the financial statements comply with the Charities Att 201 l. They are also re5pon5iL4e for safe8uarding the assets of the Charity and hence for taklng reasonable steps f(Y the wevention and detettion of fraud and other Irregularities. Michelle Gilligan Approved by the Trbjstres and signed on their behalf Michelle Gilligan (Chalr) 14 Septembtr 2020 THE FRIENDS OF KINGS COLLEGE SCHOOL Independent Examiner's Report for the year ended 31 July 2020 I reFQrt on the financial ststements of The Fr*nds of KCS fw the year ended 31 July 2020. which are set ¢)Ut on pages 6 to 10. Respectlve re5pon5ibllltles' of T￿￿¢¢S and Examlner As the Chariry's Trustees you are resFrf)n5ible for the prepardtion of the financial ststements,. you consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It is my responsibility to stat¢ on the basis of procedures specified in the Goneral Directions given by tho C￿rIty Commissioners Undor section 145(5)(b) of the ACL whether partlcular matters have come to my attention. Basls of Independent examW￿r.S report My examinatK)n was carrled out in accordance with s145 of the ACL An th2mlnation include5 review of the accouniing records kept by the Charity and a comparison of the financial statements presenod with those words. It also includes consideration of any unusual itenK8 or disclosures In the financial statrment& and seeking expknnations from you as Trustees concerning any such matters. The procedure5 underf2ken do not provide all the evidence that would be reqUI￿d in an audiL and consequentty I do not express an audrt opinion on the view glven by the financRI rtaoff*nts. Independent examiner's statement In connettlon wlth my examiqatlon. no matter has con* to my attentlon: which &'ves n* reasonable cause to ￿l￿ve that In any materlal ￿sPeCt the requirements to keep accounting records In accordance wtth secuon 130 of the Act: and to prepare financral staten*nrs which accord with the accounting records and to comply with the accouniiTrg requirew¢nts of the Ac¢ have not been m¢L' or 2. to which. in my oplnlon. attention thould be drawn In order to enable a proper understanding of the finarKial sotements to be reached. Julia Townsend BA FCA 14 September 2020 THE FRIENDS OF KINGS COLLEGE SCHOOL Statement of Financial Athities for the year ended 31 July 2020 Uryestricted U￿estriCted INCOMING FUNDS Donjtions 750 214 Depos￿ inrtrest Activities in fixthra￿e of tt charity's 0*4•Cts Income frorn fundra* events 177 77.910 177A55 TOTAL INCOMING FUNDS RESOURCES EXPENDED Cost of actSYlties in f￿thern￿e of the clmrity's 014Kts Expens¢s of fundrnthg évents Soci?1 event &Jndry expenses School prolects Oth¢r expeTrathr¢ Ad￿￿nIStrAtion TOTAL EXPENDITURE 30248 104,466 18001 542 83,712 150 67,709 NEf INCOMING l {oufGOING) FUNDS TOTAL FUNDS 8ROUGHT FORWARD TOTAL FUNDS CARRIED FORWAIID 120,020) (9,101) The notes on pag¢$ 8 ro 10 form parr of these acceunt& THE FRIENDS OF KING'S COLLEGE SCHOOL Balance Sheet at 31 july 2020 THE FRIENDS OF KINGSCOLLEGE SCHOOL Balance Sl*et at 31 J￿Y 2020 Cfftnt assets Debtor5 and P￿Yn￿￿ a&nces at bank COIF Charities deposrt fur Cumt account 26.278 36fj17 71118 35840 130.996 Totil ciirrqnt a35rf5 107.735 166,836 Lithlities Cred￿￿%.. fa￿rtI duewithin Me 11.421 24224 Total net ￿Sets 141612 UnreSti￿e￿ 122.592 142,612 The nores ¢n page5 8 to 10 form parr of these aCC(￿fi proved by the B￿rd ofTrustee5 on 14 Sw(art￿2020 and ￿fted on its behaff by. M. GIlllga￿ Chair H. Hodg& Honornry T￿asurer THE FRIENDS OF KINGS COLLEGE SCHOOL Note5 to the financial statements for the year ended 31 July 2020 (a) Basis of Accouming The financial statrmenf5 IH¥e beem pre￿red uThJer the historical cost basls and in accordance with the Charities Act 2011 and the Sutement of Recorsmnended Prncrice for Charities tssued by the CFArrty Coffwnissioners applicable to ¢haritses pr¢paring th¢ accounts ￿ accord2nce Y￿th the Financol Reporting Stanthrd for Smaller Entities. (b) Enrolmenc fees ¥e re¢ogNsed in the financHI Sta￿MentS Yknen received. (c) Incom< including interest incorre. and expeTh4ittre kre recognised on an accnols basis. (d> ExpendiDJre shov•n in the So*ment of Financi￿ AcDiities is SPI￿ between fundTrising expendrtur¢ mawement and tdrThnistrdiion exFenditure and direct dllritsble expendiwre (e) The charity is pJempt from UK Income aThl capitsl gain5 tsx due to its charitable StsbJs. {fj The charity is exerryt from the rewirement to prepare a cash flow stttement under Financial Reponing Stanthrd No. l. The Friend5 are pleased to receive gifts r* kjnd and seThices d(￿lted by members and l¢xal bu51nesse5. 8ecause of the iryracticaliry of vaiuing suth 8rf￿ and th•r relauve immateriality. these are ￿>t 1￿mIsed in the accounts. Fundra•sln8 Events Proceedg Expenditur¢ Surply￿DeffiC0t 2019-20 ChrisurAs Fair i&iz Night 2r￿ Hand Clothes Sai¢ 51.884 15.622 19.494 77,910 23.796 6.452 28,088 9.170 10.404 30,248 47.662 2018-19 Fireworks eYer¥ng Christrnas Fair Quii Night Fun RL 90.620 49.058 16.749 6.823 73,287 20,891 7.319 2.939 30 17,333 28,167 9.430 3.884 756 Merchandise sales 2Th1 Hand Clothes Sa 13,819 177.855 13,819 104,466 73,389 Profrt made on the ￿le of second ￿nd ynrfOrn￿ and the sale of KCS branded accessories is dorqted to KCS Enterprises as a contritMJtion towards bursaries. THE FRIENDS OF KING% COLLEGE SCHOOL Notes to the financial statements for the year ended 31 July 2020 These YKlude recewions lor and thank-yw drink5 par￿t voluntee Trustees. exp¢Trses Trustees received ￿ remunerati￿ ix￿ were reimLNJr5ed for goods ar*d services ordered by tt* Tntstees on behalf CA the Ch¥tty in conneui<>n with its fwxlraising and social s￿dry E¥penxes Sundry expendiwre ￿dUdeS items incurred in rumiry Counchl meetings. admini$￿ty¥t items and thank you wfts for partrular par￿ts and stsff in re£twioon of their Ydlued School ProAects 2019-20 Contribution to new Thimminz pool automafk tining 5YStern Rowing telemetry eq1thpft￿¢ KCS Bursary Fund Cricket wcket covers 4ftherships prozr4ff The Stwjeni View Music ensemble work3hops Di8it31 learni￿ & Imovation Kth85 TV Table Eennis oble First aid Frlaids, s¢hool a￿ded hy year end prizes Bkd seed 25.000 14.412 10,889 4.620 4.588 2,280 870 450 430 Iso 2018-19 FoorbHII Goals KCS Bursary FurMI Electronic Scoreboard for Kryway New ￿ghting Console Partnership5 programme Digital Learnlnz & InrN)vatTron Kiry T F￿¢￿dI18htr The Student View 300 Poetry books Sphtro Balls for IS Coding Music Ensemble Rugby Post Protection & Fhgs Modern Lan&wge Onattr ptays 3 Arnplifiers & Ponable PA System Netball posts and pad5 3 Ensembles in residence for 2 fidi 4Ws Geography ￿trary trral Art dept 14.148 13.819 13,500 8.413 7.263 6.710 3.900 3,710 1563 1.752 1,475 1.440 1.260 1.149 1,084 1.066 364 THE FRIENDS OF KING'S COLLEGE SCHOOL Notes to the fInanC*￿ siatements for the year ended 31 July 2020 Debtt•rs and Prwmyments 2020 2019 £>eb¢ors and prepiyTt COIF Chvities Deposit Fund This represe.nts an investn￿nt in a C.Drrrn)n Deposit Fund set up under section 25 of the Charitses Act 1993. now settion l 00 of the Charrtyes Act 201 l. and sche￿￿ of the Chariry Commissioners dated 27 June 1995. The fund has a rnting of the h￿hest Fossible, from Fit£h Ratings and pays inrerest to dep)sitors nyjnthly. The fund Is rrAnaged by CCLA Fund Managers Limited. Creditor&" Am04mts fallinE dye within one year 2020 2019 Trade creditors Accr￿1$ and Sun￿ creditors rotsl io. Commltments to •dK•oI proJert• At 31 Juty 2020, £"68,468 comiitted to Khool projects not yet completed. There were no other corThnitff￿. 10 THE FRIENDS OF KING'S COLLEGE SCHOOL Regi5wed CIHricr No. I￿5992 sAPIEfy7E THE FRIENDS KING'S COLLEGE SCHOOL Report and Financial Statements Year ended 31 July 2020 THE FRIENDS OF KINGS COLLEGE SCHOOL Financial Statements for the year ended 31 July 2020 Contents Pages Trustees, Officers and Attvisors Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the financial statements 8-10 THE FRIENDS OF KINGS COLLEGE SCHOOL Trusttts. oifKtrs arKI Advisors Trustees MichelSe Gillipn (Chair) Helen Hodge (Honorary TreaSU￿r) Sarrontha Sinclair {HOn￿ary Secrefary) Owen Carlstrand (Governor) John Short Ring {Alternate for Headffrasttr KCS) Dr Gerard Silverlock (Headnyarter KCJS) Inna knentiev Samantha Barney Sirr￿n Champion Michelle Corbert Laura Cottrell Stephanie Cox Louise Furber Gauri Nafrey Bana Nuseibeh Leila Offerhaus Olga Shibiko Catherine Slattery Julie Strauzhan Principal Office clo The Porters, LDJge King's College School Southskle Wlmbledon Corrmon LONDON SW19 4rr Bankers Barclays Bank PLC CCLA Investment Management Ltd Independent Examlner Julla Townsend BA FCA 54 Haydon Park Road London SW19 8JY THE FRIENDS OF KINGS COLLEGE SCHOOL Report of the Trustees for the year ended 31 July 2020 The Trustee5 present their reyt along with the financrl 5tstements of the Charity for the year ended 31 July 2020. The financial staten￿nts have teen prepared in accordance with the accounting policies set out on p3ge 8 and conyty with the Charity's conlliwtion and applicable law. The object of the Charlty is to adwdnce the education of pupils ar King's College School. Wimbledon. In fijrthernnce of this obie¢ The Frtends rror. deyelop rnre exwded relationships t¢￿een the staff, parent5 and others associated with the School, and with schools in the nTaintairbed sector and over5wds wlth the School has forrrydl relationships. engage in activities which support the School and advance the educ3tion of the pupils attending IL including those from sclKK)Is in the public sectsy wlth whkh the school ha5 a forrr&l relationship provide and assist in the FKOVISi￿ of facilities for edu(3tion at tl* School not normally provided by the Governing Body. The Trustees confirm that they have referred to the Chariry Commlssloft's general guidance on pU￿1C benefrt when wlewing the ChariW5 aims and obiettives and in planning attivities. The management of the Charity 15 vested in a Council conslsting of not more than twenty four members. These Include the Head Master, the Headnmster of the Junior School and the Development Director as well as a member of the Governiftg B¢)dy of the School. The Chair. Honcrary Secretsry. rhe Honorary Treasurer and the other ordinary ￿￿rnbers are appointed at the Annual Generdl Meetin& The rrembers of the Council for year 2019-20 were: Mlchelle Gillizan (Chiir- ektted as of I I Layr4 Cottrell November 2019) SteFthanie Cox (re-eletted as of 11 Helen Hcrfjge I l November 2019) Louise Furber Samantha Sinclair (Honorary Secrettry) Mark Klein (resigned as of I I Owen Carlstrand {Governor) Novents 2019) John Short Ring (Alcernate for HeadnTrster KCS) Gauri Nafrey Dr Gerard Silverlock (HeadnTrstrr KCJS Bana Nuseibeh (COwOPted as of 3 Inna Axientiev (COthOPted as of I l Novemb February 2020) 2019) Leila Offerhau5 (co-OPted a5 of I I Samantha Barney (co-optrd as of I l November November 2019) 2019) Prnchi Fhsad (resigned as of I I Sarnh Betteley (resigned as of 3 February 2020 Noyernber 2019) Anneke de Boer (resi￿ as of I l NOVem￿r Olga Shibiko 2019) Catherine Slar Pia Brune (resigned as of I l November 2019) Julie Strdughxn Simon Charyxon Julia Townsend (resigned as of I I Mi'chelle Corbett Novernber 2019) THE FRIENDS OF KINGS COLLEGÉ SCHOOL Report of the Trustees for the year ended 31 July 2020 Barclays Bank plc - current account CCLA (COIF)- deposit account The Council meets four tiffes a year to adff#nister the Chartty arKI to make decisions about expenditure on School projects. The organisation of the fundraising events is rrranaged on dayvtO•day basis by individinl event conwnittees ￿de up dparents from different year groups of the School. Each event committee is chaired by or under the control of a current member of the Council. Due to the Covld-19 pandenM¢ the final Council ￿￿etIng for the year d*J not take place. With the invaluable help of the parent volunteer% especialty zhe Year Group Rewesentstives. The Friends have coM￿eted another year of successful fundrnisin& although disapp)intingly the Covid-19 pandernlc has resuhed in the postpmement of our Summer Term events. These activitie5 have added a net £47.662 (tefore project expenditu￿) to the opening funds of 142,612. Projeccs totalting £67,709 have ￿en conyleted during 2019-20 and detai15 of this expendlture can be seen in note 6 to the financial sta*Thents. As at 31° July 1020, £68.468 has been committed to further ex￿ndIture on Khool proiecrs. Profits achieved on the sale of second hand unlforn)s are donated to KCS Entewises as a contrlbutlon to bursaries. Due to the on&ng p3ndemiG the Trustees have Tr￿de the decision to postpone our large scale Autumn Tem events includin8 Firework& and the Chrlstmas Fair where signrficant lead tlmes are required to ortdnise such event& This wTrll have an adverse effect on our fundraising efforts for 2020. The Surrnrer Ball which was due to take place at The Hurlingham Club. London in May 2020 has teen reKheduled for April 2021 and a deposit of £23,940 is held by the venue. The Yiability of this event 1$ being kept under re¥￿W and rf it is necessary to cancel, charge may arlse. The Charty has a very close relailonshlp wlth Kinls Colle8E SclKX)I which is a charir/ and which nomlnates some of the Trustees of The Friends. Internal risks are minimised by the impFemenration of forffAI procedure5 for rhe authorlsatlon of all transactions and projects. Budgeting and expenditure control of events are formulated so that there is an exce55 of income over PJF*nditure for each fundraising event To reduce exposure to risl monies are onty corrmitted to projects after the Ivnd5 have been raised. never in anticipation. THE FRIENDS OF KING'S COLLEGE SCHOOL Report ol the Tr￿te¢S for the year ended 31 July 2020 The Charty has no fixed cornmitTr£nts and. therefore. it 15 not considered necessary to hold any specifK ￿Ver of reserves. As ff￿nies are only allocated to prosects after the funds have been I"aise& Lhe cliai.ity wlll usually. ar any dat& hvld I"ewves sorre of which nydy ali eady be committed to projects. It is the polbcy of the Charity to deternmne that the toral of funds committed wdl never exceed the fijnds held. Inv Under the Constitution. there are no restrittions on rhe power of the Charity to make any investment5 which the Trustees See flL Any surplus cath is placed on deposir in the COIF CPrdrlties Deposit Fund (see note 8). The Charities Act 2011 requires the Trustees to prepare financial statements for each flnancial year which give a true and fair wew of the Charity's financial actrvities during the year and of its financial position at the end of the year. In preparirrfd the financial 5r3￿MentS the Trustees are required to.. select SUltsb￿ accounting pollcles that are appropriate for the Charity and apply th consistently,. make judgements and estlnMte5 that are reasonable and prudenL follow applicable accounting standards and the Charlties SORP. dlsclosing and explaining any depanwes in the financial ststenEnts and prewdre the financi31 state￿nts on the basis that the Charlty wlll contlnue In operatlon unless It is Inapsry•ria* to presume thi5. The Trustees conflrm that they have complied with the above requirements in preparlng the financial statements. The Trustees a￿ required to mawe the Charity in accordance with its Constitution. rn3intain accounting records which disclose wlth reasonable accuracy at any time the financial FQSition of the Charity and enable them to ensure that the financial statements comply with the Charities Att 201 l. They are also re5pon5iL4e for safe8uarding the assets of the Charity and hence for taklng reasonable steps f(Y the wevention and detettion of fraud and other Irregularities. Michelle Gilligan Approved by the Trbjstres and signed on their behalf Michelle Gilligan (Chalr) 14 Septembtr 2020 THE FRIENDS OF KINGS COLLEGE SCHOOL Independent Examiner's Report for the year ended 31 July 2020 I reFQrt on the financial ststements of The Fr*nds of KCS fw the year ended 31 July 2020. which are set ¢)Ut on pages 6 to 10. Respectlve re5pon5ibllltles' of T￿￿¢¢S and Examlner As the Chariry's Trustees you are resFrf)n5ible for the prepardtion of the financial ststements,. you consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It is my responsibility to stat¢ on the basis of procedures specified in the Goneral Directions given by tho C￿rIty Commissioners Undor section 145(5)(b) of the ACL whether partlcular matters have come to my attention. Basls of Independent examW￿r.S report My examinatK)n was carrled out in accordance with s145 of the ACL An th2mlnation include5 review of the accouniing records kept by the Charity and a comparison of the financial statements presenod with those words. It also includes consideration of any unusual itenK8 or disclosures In the financial statrment& and seeking expknnations from you as Trustees concerning any such matters. The procedure5 underf2ken do not provide all the evidence that would be reqUI￿d in an audiL and consequentty I do not express an audrt opinion on the view glven by the financRI rtaoff*nts. Independent examiner's statement In connettlon wlth my examiqatlon. no matter has con* to my attentlon: which &'ves n* reasonable cause to ￿l￿ve that In any materlal ￿sPeCt the requirements to keep accounting records In accordance wtth secuon 130 of the Act: and to prepare financral staten*nrs which accord with the accounting records and to comply with the accouniiTrg requirew¢nts of the Ac¢ have not been m¢L' or 2. to which. in my oplnlon. attention thould be drawn In order to enable a proper understanding of the finarKial sotements to be reached. Julia Townsend BA FCA 14 September 2020 THE FRIENDS OF KINGS COLLEGE SCHOOL Statement of Financial Athities for the year ended 31 July 2020 Uryestricted U￿estriCted INCOMING FUNDS Donjtions 750 214 Depos￿ inrtrest Activities in fixthra￿e of tt charity's 0*4•Cts Income frorn fundra* events 177 77.910 177A55 TOTAL INCOMING FUNDS RESOURCES EXPENDED Cost of actSYlties in f￿thern￿e of the clmrity's 014Kts Expens¢s of fundrnthg évents Soci?1 event &Jndry expenses School prolects Oth¢r expeTrathr¢ Ad￿￿nIStrAtion TOTAL EXPENDITURE 30248 104,466 18001 542 83,712 150 67,709 NEf INCOMING l {oufGOING) FUNDS TOTAL FUNDS 8ROUGHT FORWARD TOTAL FUNDS CARRIED FORWAIID 120,020) (9,101) The notes on pag¢$ 8 ro 10 form parr of these acceunt& THE FRIENDS OF KING'S COLLEGE SCHOOL Balance Sheet at 31 july 2020 THE FRIENDS OF KINGSCOLLEGE SCHOOL Balance Sl*et at 31 J￿Y 2020 Cfftnt assets Debtor5 and P￿Yn￿￿ a&nces at bank COIF Charities deposrt fur Cumt account 26.278 36fj17 71118 35840 130.996 Totil ciirrqnt a35rf5 107.735 166,836 Lithlities Cred￿￿%.. fa￿rtI duewithin Me 11.421 24224 Total net ￿Sets 141612 UnreSti￿e￿ 122.592 142,612 The nores ¢n page5 8 to 10 form parr of these aCC(￿fi proved by the B￿rd ofTrustee5 on 14 Sw(art￿2020 and ￿fted on its behaff by. M. GIlllga￿ Chair H. Hodg& Honornry T￿asurer THE FRIENDS OF KINGS COLLEGE SCHOOL Note5 to the financial statements for the year ended 31 July 2020 (a) Basis of Accouming The financial statrmenf5 IH¥e beem pre￿red uThJer the historical cost basls and in accordance with the Charities Act 2011 and the Sutement of Recorsmnended Prncrice for Charities tssued by the CFArrty Coffwnissioners applicable to ¢haritses pr¢paring th¢ accounts ￿ accord2nce Y￿th the Financol Reporting Stanthrd for Smaller Entities. (b) Enrolmenc fees ¥e re¢ogNsed in the financHI Sta￿MentS Yknen received. (c) Incom< including interest incorre. and expeTh4ittre kre recognised on an accnols basis. (d> ExpendiDJre shov•n in the So*ment of Financi￿ AcDiities is SPI￿ between fundTrising expendrtur¢ mawement and tdrThnistrdiion exFenditure and direct dllritsble expendiwre (e) The charity is pJempt from UK Income aThl capitsl gain5 tsx due to its charitable StsbJs. {fj The charity is exerryt from the rewirement to prepare a cash flow stttement under Financial Reponing Stanthrd No. l. The Friend5 are pleased to receive gifts r* kjnd and seThices d(￿lted by members and l¢xal bu51nesse5. 8ecause of the iryracticaliry of vaiuing suth 8rf￿ and th•r relauve immateriality. these are ￿>t 1￿mIsed in the accounts. Fundra•sln8 Events Proceedg Expenditur¢ Surply￿DeffiC0t 2019-20 ChrisurAs Fair i&iz Night 2r￿ Hand Clothes Sai¢ 51.884 15.622 19.494 77,910 23.796 6.452 28,088 9.170 10.404 30,248 47.662 2018-19 Fireworks eYer¥ng Christrnas Fair Quii Night Fun RL 90.620 49.058 16.749 6.823 73,287 20,891 7.319 2.939 30 17,333 28,167 9.430 3.884 756 Merchandise sales 2Th1 Hand Clothes Sa 13,819 177.855 13,819 104,466 73,389 Profrt made on the ￿le of second ￿nd ynrfOrn￿ and the sale of KCS branded accessories is dorqted to KCS Enterprises as a contritMJtion towards bursaries. THE FRIENDS OF KING% COLLEGE SCHOOL Notes to the financial statements for the year ended 31 July 2020 These YKlude recewions lor and thank-yw drink5 par￿t voluntee Trustees. exp¢Trses Trustees received ￿ remunerati￿ ix￿ were reimLNJr5ed for goods ar*d services ordered by tt* Tntstees on behalf CA the Ch¥tty in conneui<>n with its fwxlraising and social s￿dry E¥penxes Sundry expendiwre ￿dUdeS items incurred in rumiry Counchl meetings. admini$￿ty¥t items and thank you wfts for partrular par￿ts and stsff in re£twioon of their Ydlued School ProAects 2019-20 Contribution to new Thimminz pool automafk tining 5YStern Rowing telemetry eq1thpft￿¢ KCS Bursary Fund Cricket wcket covers 4ftherships prozr4ff The Stwjeni View Music ensemble work3hops Di8it31 learni￿ & Imovation Kth85 TV Table Eennis oble First aid Frlaids, s¢hool a￿ded hy year end prizes Bkd seed 25.000 14.412 10,889 4.620 4.588 2,280 870 450 430 Iso 2018-19 FoorbHII Goals KCS Bursary FurMI Electronic Scoreboard for Kryway New ￿ghting Console Partnership5 programme Digital Learnlnz & InrN)vatTron Kiry T F￿¢￿dI18htr The Student View 300 Poetry books Sphtro Balls for IS Coding Music Ensemble Rugby Post Protection & Fhgs Modern Lan&wge Onattr ptays 3 Arnplifiers & Ponable PA System Netball posts and pad5 3 Ensembles in residence for 2 fidi 4Ws Geography ￿trary trral Art dept 14.148 13.819 13,500 8.413 7.263 6.710 3.900 3,710 1563 1.752 1,475 1.440 1.260 1.149 1,084 1.066 364 THE FRIENDS OF KING'S COLLEGE SCHOOL Notes to the fInanC*￿ siatements for the year ended 31 July 2020 Debtt•rs and Prwmyments 2020 2019 £>eb¢ors and prepiyTt COIF Chvities Deposit Fund This represe.nts an investn￿nt in a C.Drrrn)n Deposit Fund set up under section 25 of the Charitses Act 1993. now settion l 00 of the Charrtyes Act 201 l. and sche￿￿ of the Chariry Commissioners dated 27 June 1995. The fund has a rnting of the h￿hest Fossible, from Fit£h Ratings and pays inrerest to dep)sitors nyjnthly. The fund Is rrAnaged by CCLA Fund Managers Limited. Creditor&" Am04mts fallinE dye within one year 2020 2019 Trade creditors Accr￿1$ and Sun￿ creditors rotsl io. Commltments to •dK•oI proJert• At 31 Juty 2020, £"68,468 comiitted to Khool projects not yet completed. There were no other corThnitff￿. 10