Friends of Rgln Financial Siatements for ihe year ended 31 Augusi 2023 RLttsttrtd Charity Numbcr. 1020379
Friends ofRa£kni Statement of accounts for the year end¢d 31 August 2023 Contents P*ge tkgAI tsnd administrative tnforniation Trustees, r¢iM)rt Indendent examiner"s rert Statement of financial acttviiies for the year eth 31 Au8USt 2023 Balance sheei &$ at 31 Au8USt 2023 Not¢s to th¢ a¢wunts
Friends of Wan Legal and administrative infortnatioll Truslee L O'shea D Howell R Smith (resigned l November 2023) N Bula (appotntrd l November 2023) Chair L O'shea ViLe Cbair D Howell Seeretsry S Mo1ra Tr¢urer NBul Registered Addre85 Raglan Primary School Ragl&n Ro Brnmle%' BR2 9NL
Friends ofRagl# The Trustees submit th¢tr Tn, rewt for th¢ yw ¢nded 31 August 2023. Objects of the Trust. Priwipal Adivities and Organisation of our Work The Trust is governed by the cons¢itsJtion gdopted on i i Sepkmkr 1990 and as amendcd on 3 February 2015. The objects of thc Trust aff tt) Advance the education of the wpils of the s¢hool by providing and assisting in the provision olfacilities for education at the sch(x)l (not nornially provid¢d by the local authority). Trustees and other Relevpt Penoth# The names of the Tn and other ko. [[m)nnel and rcleyant persons are listed on page l. The result for the year is ghown on p2ge 4 and the position al Ihe )d ofthe year is shown on page 5. Achlevements and performance The 22-23 finan¢ial year saw the Friends of Raglan (FOR) conduct a series of fundrnlsing events including an Ultra Challenge. Chrislmas and Summer f8ir5. Halloween and FAster discos. Movie and Quiz ni8hts and Non-uniforni days. The Christmas and Summer faiTS were the most profitabl¢ ¢v¢nts raising in excess of £6.4k betw¢en them. The UltrA Challenge. Halloween and Faster discos and Movie night all raised well in excess of £1 k ¢ach. Ti¥kels lo a valuc of £2.5k We aly) sold at the end of the summer tern) for the second Circus event that the FOR l)ab arranged, wtth this ev¢iit tsking pla¢¢ •1 the stsrt of the 23-24 year. Overall, iftcome rnised in 22-23 wlls £28.2k. just short of the £28.Sk raised in 21-22. Expenses incurred in raising ihe income were £IOK givin8 a profi1 from fundraising of £18.2L which is in exc¢ss of the £16k profit in 21-22. Donations to the School in the yeartotalled just over£lk and relaled to the usual support forclass Christmas parti¢5 and the Year 6 leavers prty. No further donations made Ls the primary aim of the FOR is to rnise funds to purch&se extensive playground equipment for Key Stage l. with this work tsking pla¢¢ in the 22-23 year. Hence, the cash balancc incred fn)m £6.5k ai the end ofthe last fanCIal year to £22.8k at 31 August 2023. The accumulated funds are to be used Puh playground equipment for KSI in the 23_24 year. li is ilie FOR'S policy to mainlain a balanc¢ of apwoximately £lk to use floats for the main ¢v¢n but cash re5crve5 can otherwise be donaied to the Sch(x>l a8 al when requested. All donations must b¢ approved by the Committee. Trustees, responsibilities ill relation to financi sl*lements The charity tte¢S rEspotEsibl¢ for Fwarin8 a trustees. annual rq and financial statements tn a¢rordan¢¢ with appli¢able law and United Kingdom Accounting Stsndards (Unitcd Kxngdomk Generally A¥L¢pi¢d ALcouiiliii¥ Pmli¥¢). Th¢ law appli1¢ to ¢lwities in Englalld and Waks r¢qUi th¢ ¢hariiy trusle¢5 to pr4w¢ fthancial stat¢ments for each year which 8ive a true and fair view of the state of affairs of the ehArity and of the incoming resources and application of resource& of the charity for that peri(1. In ptrparing the financial statcments, the trusiees are required to".
select suitable accountin8 policies And theD apply them consi%tently> observe the methods and principles in the applicable Charities SORP. make judgcinents and estimates that are reasonable and PTudenl- state whether applicable accounting standariÈ have been followe¢ subject to any material departures disclosed and explained in the financial statements. . prepare the finalla1 stalements on the goAn8cotCM bS unless ills inappropriate to pr&sume that ihe charity will continue in busiDCSS. The imstees are responsible forkccp1ngproaCctxting records that disdoscwiih Teas¢M4ble acciw ut any timc thc financial position of tlic charity and to ei)able thciii to cnsurc ihat thc financial stataiicnts comply with the CharitiesAet 201 I, the arvli(xbl¢ Charities (A(tounts Rem) Regulatio, and th¢ provisio of Ihe 1 iustdeed.lTheyare also r¢SnsIble for safeguarding the &8seLS ofihecharily and taking i'easonable steps for the prevention and d¢i¢ction of frdud and oth¢r iTglantIC$. The tte¢S a responsible for the mainlenanLe and inlegrity of tlie charity and fina1] information includal on the charity's website. Legislation in the United Kingdom governing the preparation and disseininalxjn of financial statements may differ from legislation in other jurisdictions. Oll behalf of the-frustees L O'she TNS 1114 I, Frlends of RAglAn
ludepeuden¢ eyAminer'$ repbrt th the Tnlee8 ofFrieDds ofR**M I rew)rt to the charity trustees on my examination of the accounts of the chlty for the year ended 31 Augusi 2023 whiLh are set out vn pages 4 to 6. Responsibilittey and bAsis of Yert As th¢ Charty's trnst¢¢s you are responsible for th¢ pr¢p0rOft of the accounts in ac¢oTil4n¢e with the requirements of th¢ Charities A¢t 2011 {'the Act'l report in respect ofmy ¢xatninalion of the charily's Trts cazried out undcr SfLIi4)n 145 of the Act and in canying out my ¢xaminalion I have followed all the appli¢abl¢ DitectioDS given by the Charity Commission undcr scction 145(5Xb) of the A¢t. Independent eumiDer'8 Statement I have ¢omplet¢d my ¢xamination. I confwm th8t no material matters have wm¢ to my attention in connection wilh th¢ exnIntion giving me cause lo believe ihal in any material respect.. aountIng reeords were not kepl in Yespecl of the charity as required by section 130 of the Act: or the accounls do not &CCOTd with thos¢ re)ftIS. or 3. the accounts do not comply with the applicabk r¢quireTnents concerning the forni and ¢ont¢nt of a¢¥ounl ¥¢1 oul in th¢ Charilt¢s (Aw)uihts and reports) Regulalioiis 2008 other than aiiy requiremeni thai the a¢¢ounts give a 'true and fair view. which is not a matter considered &$ part of an independent exAmination. I have no concerns and have come across no other mattets in connection with the examination to which ttention should be drnwn in this rert to enable a pr(w underlfi8 of the accounts to be reached. David R L¢igh FCA 53 1lemiita8e Lane London NW2 2HI
Friends of Raglan Statement of financial activities for the year ended 31 Au8USt 2023 20LI 2022 ILcome Fundrnising events 28.256 28.516 Tot#1 Income 28,256 28,516 Expetsditurt Fundrnising ¢v¢nls Donations to Raglan Primary School Miscellaneous expenditure 10.007 1,055 870 12.569 21,051 468 Total expenditure 11.932 34,088 Net movement in funds 16.324 (5.572) Tolal funds brought forward 6.437 12.009 Total funds ¢&rri¢a fonvard 21761 6.437 All ill¢om¢ •od expeoditure IB derived xor¢8lrfftcled cliviiie3. Tbc statemctst of fiVA¢1 xdivitsts iDelad(s all gainj Alld k4sst3 in Ilje year.
Friends of R82l*n Balanco shect as at 31 Au8USt 2023 21111 2022 Cui-rent As$ets Cash at bank and in haTMI 21761 6.437 21761 6,437 Credltors.. Amounts f811in8 due within one year Tothl Assets l£ss CurreDt Liibliltles 21761 6.437 21761 6.437 Represented by: UnRstrietd fiJThJs Reslricled fuThAs 21761 6.437 21761 6,437 Ik L U'Sh¢a- I'rustee Date signed: 2 1
Friends of Rggl Notes forn]ing part of the aceounts for the year entsl 31 August 2023 I ACCOiINTINC POLICIES Bgsig of Actouu¢lng The financial statem¢nts have pr¢pared in a¢COr wsth th¢ Ststement of Recommended Practice: ALeounli118 and RertIng by Clwities prepartng their Accounts in accordance with the Fiiwjcial Reporting Standard applicable in the UK (FRS 102) published ffl 16 July 2014. th¢ Financial Rew>rting Standard applicable in thc UK (FRS 102) and the Charities Act 2011. The Charity con51itutes a public benefit entity as defined by FRS 102. The accounts have Ften Preped under the historical cost convention with it¢ms E01$¢d at c051 or tr4n5aclion value unless oth¢rwis¢ stated in the rel¢vanl notes to these accounts. The tnteeS consider that there are no material uncertainties aiK)Ut the Charity's ability to continue &$ a going concem. IMcom¢ rccogDition IIiEOlI)e is derived from fundraising evenls and donations. All income is recognised once the charity has entitlement to the income, the 1$ 8ufficient certainty or Teceipt and so it is probable thai the income will be received. and ihe amount of income rffeived can be measured reliobly. Fundraising and donation ineome are g118ccountd for 05) the date of elpt into the Cknrity's bank aLLuunt. Expenditure re¢ogDitioD Liabilities are recOlSed &f expenditure &g as there is a legal or constnKtive obligation committin8 the ¥harity to that eXndIture. it 15 ble thai settlemenl will be required and the amount of obligation Can b¢ mU[ed reliably. All expenses are allocated or apwjrtioned to the applicable exndItuTe headings in the statement of finanLial activities. 2. Independent Eminer'S The Ind¢p¢ndent Examtner's reffjunerntion was £nil (2022: £nil) 3. R¢l¥t¢d party traJuacts)Ds aod trulee*' penseS and rem¥nernlioA The trustees all give freely of their timc 4nd expertise withoul any fornt of rernuneTalion or oth¢T benefit ift h or kind. Expcn5¢s paid to the Irustees in thc ycar totallcd £843 {2022.. £nil) wid thcsc cxpCnS w¢te reimbursement of purch&ses for fundrnising events made by l trustee on irhalf of the clwity. Ther¢ were no r¢lat¢d party transactions during the year (2022: £nil)