RAGLAN SCHOOLS ASSOCIATION
ACCOUNTS FOR THE YEAR ENDED
31 AUGUST 2022
Registered charity: 1026517
1
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022
The trustees of Raglan Schools Association their Annual Report and financial accounts for the year ended 31 August 2022.
Accounting policies
The Trustees follow accounting policies contained in the Statement of Recommended Practice “Accounting by Charities” (SORP) published by the Charity Commission.
Constitution and Governance
The Association is registered with the Charity Commission.
The Association seeks to raise funds to support Raglan Junior and Infant Schools.
Overall results
The Association generated income of £31,172 from its fundraising activities for the year ended 31 August 2022 (£17,070 - 2021).
Grants to schools
During the year the Association made grant payments to the schools totalling £22,990 (£5,100 – 2021).
Trustees
The names of those trustees serving during the year were as follows:
Mrs K Chaplin (Chair)
Mrs G McNulty and Mrs H Catt (Joint Vice Chair) Mr K Moycsi and Mrs C Rees (Joint Treasurer) Mrs H Sameke and Mrs B Bailey (Joint Secretary)
None of the trustees received any remuneration for their services.
By order of the trustees
Chair
14 October 2022
2
INDEPENDENT EXAMINER'S REPORT
To the Trustees Raglan Schools Association for the year ended 31 August 2022, which are set out on pages 4 to 8.
Respective responsibilities of trustees and examiner
The Raglan Schools Association's trustees are responsible for the preparation of the accounts. The Associations’ trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts (under section 43(3)(a) of the 1993 Act);
-
to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the 1993 Act); and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 41 of the 1993 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Deanne Passfield ACCA
Chartered Accountant 12 Haven Lodge, 25 Village Road, EN1 2ED
3
Raglan Schools Association STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2022
| Notes | Total 2022 |
Total 2021 |
|
|---|---|---|---|
| Incoming from | £ | £ | |
| Donations and legacies | 2 | 40.949 | 20,531 |
| Total income | 40,949 | 20,531 | |
| Expenditure on | |||
| Raising funds | (9,777) | (3,460) | |
| Charitable activities | 3 | ||
| - Donations to School - Other expenditure |
(22,990) (1,906) |
(5,100) (390) |
|
| Total expenditure | (34,673) | (8,950) | |
| Net income/(deficit) | 6,275 | 11,581 | |
| Total funds brought forward | 26,734 | 15,153 | |
| Total funds carried forward | 33,009 | 26,734 |
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities. The notes
on pages 6 to 8 form part of these financial statements.
4
Raglan Schools Association BALANCE SHEET for the Year Ended 31 August 2022
| Notes | 2022 | 2021 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 33,068 | 26,734 | |
| Uncleared income/ (expenditure) | (59) | - | |
| Total net assets | 33,009 | 26,734 | |
| The funds of the charity | |||
| Unrestricted funds | |||
| - General fund | 33,009 | 26,734 | |
| Total funds | 33,009 | 26,734 |
The financial statements were approved by the Board of Trustees on and were signed on its behalf by:
.............................................
22 October 2022
The notes on pages 6 to 8 form part of these financial statement
5
Raglan Schools Association
Notes to the Financial Statements
1. ACCOUNTING POLICIES
Basis of preparing the financial statements and assessment of going concern. The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019)', the Charities Act 2011 and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The trustees consider that there are no material uncertainties about the Church's ability to continue as a going concern.
The Association has taken advantage of the small charities exemption from preparing a cash flow statement. Income and expenditure
Income and expenditure is recorded on a receipts and payments basis. No value of services by volunteers has been included in these accounts. Cash at bank and in hand Cash at bank and in hand includes cash, bank current accounts and bank deposit accounts and petty cash held.
6
Raglan Schools Association Notes to the Financial Statements
2. Donations and legacies
| 2. Donations and legacies | ||
|---|---|---|
| 2022 | 2021 | |
| Total funds | Total funds | |
| £ | £ | |
| Fundraising activities | 29,310 | 14,430 |
| Donations | 11,639 | 6,101 |
| Total | 40,949 | 20,531 |
| Fundraising activities |
Year ended 31 Aug 2022 | Year ended 31 Aug 2022 | Year ended 31 Aug 2022 | Year ended 31 Aug 2021 | Year ended 31 Aug 2021 | Year ended 31 Aug 2021 | |
|---|---|---|---|---|---|---|---|
| Income | Expenditure | Net income |
Income | Expenditure | Net income |
||
| £ | £ | £ | £ | £ | £ | ||
| Secret Gift Room | 5,235 | (2,849) | 2,386 | 3,996 | (2,643) | 1,353 | |
| Christmas Raffle | 4,305 | (218) | 4,087 | 3,820 | (173) | 3,647 | |
| Santa’s Grotto | 2,916 | (1,100) | 1,816 | - | - | - | |
| Christmas Card/Shop | - | - | - | 439 | (24) | 415 | |
| Tea Towels | 704 | (388) | 316 | 761 | (426) | 335 | |
| Easter | - | - | - | - | (161) | (161) | |
| Toy Raffle | 104 | (12) | 92 | - | - | - | |
| Uniform Sale | 940 | - | 940 | 90 | - | 90 | |
| Summer Fair | 15,106 | (5,210) | 9,896 | - | - | - | |
| Sponsored Walk | - | - | - | 4,731 | - | 4,731 | |
| Sunflowers | - | - | - | 593 | (33) | 560 | |
| 29,310 | (9,777) | 19,533 | 14,430 | (3,460) | 10,970 |
7
Raglan Schools Association Notes to the Financial Statements
3. Charitable Activities
| 3. Charitable Activities | ||
|---|---|---|
| 2022 | 2021 | |
| Donations to School | Total funds | Total funds |
| £ | £ | |
| Chromebooks, ipads and Laptops | - | 5,000 |
| Children’s Christmas Pantomime | 594 | 100 |
| Year 3/4 Playground Green Screen | 21,646 | - |
| Sports Day Coaches | 750 | - |
| Total | 22,990 | 5,100 |
4. Trustees Remuneration and Benefits
No trustees received any remuneration for their work.
There were no staff employed by the Association.
8
RAGLAN SCHOOLS ASSOCIATION
ACCOUNTS FOR THE YEAR ENDED
31 AUGUST 2022
Registered charity: 1026517
1
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022
The trustees of Raglan Schools Association their Annual Report and financial accounts for the year ended 31 August 2022.
Accounting policies
The Trustees follow accounting policies contained in the Statement of Recommended Practice “Accounting by Charities” (SORP) published by the Charity Commission.
Constitution and Governance
The Association is registered with the Charity Commission.
The Association seeks to raise funds to support Raglan Junior and Infant Schools.
Overall results
The Association generated income of £31,172 from its fundraising activities for the year ended 31 August 2022 (£17,070 - 2021).
Grants to schools
During the year the Association made grant payments to the schools totalling £22,990 (£5,100 – 2021).
Trustees
The names of those trustees serving during the year were as follows:
Mrs K Chaplin (Chair)
Mrs G McNulty and Mrs H Catt (Joint Vice Chair) Mr K Moycsi and Mrs C Rees (Joint Treasurer) Mrs H Sameke and Mrs B Bailey (Joint Secretary)
None of the trustees received any remuneration for their services.
By order of the trustees
Chair
14 October 2022
2
INDEPENDENT EXAMINER'S REPORT
To the Trustees Raglan Schools Association for the year ended 31 August 2022, which are set out on pages 4 to 8.
Respective responsibilities of trustees and examiner
The Raglan Schools Association's trustees are responsible for the preparation of the accounts. The Associations’ trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts (under section 43(3)(a) of the 1993 Act);
-
to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the 1993 Act); and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 41 of the 1993 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Deanne Passfield ACCA
Chartered Accountant 12 Haven Lodge, 25 Village Road, EN1 2ED
3
Raglan Schools Association STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2022
| Notes | Total 2022 |
Total 2021 |
|
|---|---|---|---|
| Incoming from | £ | £ | |
| Donations and legacies | 2 | 40.949 | 20,531 |
| Total income | 40,949 | 20,531 | |
| Expenditure on | |||
| Raising funds | (9,777) | (3,460) | |
| Charitable activities | 3 | ||
| - Donations to School - Other expenditure |
(22,990) (1,906) |
(5,100) (390) |
|
| Total expenditure | (34,673) | (8,950) | |
| Net income/(deficit) | 6,275 | 11,581 | |
| Total funds brought forward | 26,734 | 15,153 | |
| Total funds carried forward | 33,009 | 26,734 |
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities. The notes
on pages 6 to 8 form part of these financial statements.
4
Raglan Schools Association BALANCE SHEET for the Year Ended 31 August 2022
| Notes | 2022 | 2021 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 33,068 | 26,734 | |
| Uncleared income/ (expenditure) | (59) | - | |
| Total net assets | 33,009 | 26,734 | |
| The funds of the charity | |||
| Unrestricted funds | |||
| - General fund | 33,009 | 26,734 | |
| Total funds | 33,009 | 26,734 |
The financial statements were approved by the Board of Trustees on and were signed on its behalf by:
.............................................
22 October 2022
The notes on pages 6 to 8 form part of these financial statement
5
Raglan Schools Association
Notes to the Financial Statements
1. ACCOUNTING POLICIES
Basis of preparing the financial statements and assessment of going concern. The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019)', the Charities Act 2011 and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The trustees consider that there are no material uncertainties about the Church's ability to continue as a going concern.
The Association has taken advantage of the small charities exemption from preparing a cash flow statement. Income and expenditure
Income and expenditure is recorded on a receipts and payments basis. No value of services by volunteers has been included in these accounts. Cash at bank and in hand Cash at bank and in hand includes cash, bank current accounts and bank deposit accounts and petty cash held.
6
Raglan Schools Association Notes to the Financial Statements
2. Donations and legacies
| 2. Donations and legacies | ||
|---|---|---|
| 2022 | 2021 | |
| Total funds | Total funds | |
| £ | £ | |
| Fundraising activities | 29,310 | 14,430 |
| Donations | 11,639 | 6,101 |
| Total | 40,949 | 20,531 |
| Fundraising activities |
Year ended 31 Aug 2022 | Year ended 31 Aug 2022 | Year ended 31 Aug 2022 | Year ended 31 Aug 2021 | Year ended 31 Aug 2021 | Year ended 31 Aug 2021 | |
|---|---|---|---|---|---|---|---|
| Income | Expenditure | Net income |
Income | Expenditure | Net income |
||
| £ | £ | £ | £ | £ | £ | ||
| Secret Gift Room | 5,235 | (2,849) | 2,386 | 3,996 | (2,643) | 1,353 | |
| Christmas Raffle | 4,305 | (218) | 4,087 | 3,820 | (173) | 3,647 | |
| Santa’s Grotto | 2,916 | (1,100) | 1,816 | - | - | - | |
| Christmas Card/Shop | - | - | - | 439 | (24) | 415 | |
| Tea Towels | 704 | (388) | 316 | 761 | (426) | 335 | |
| Easter | - | - | - | - | (161) | (161) | |
| Toy Raffle | 104 | (12) | 92 | - | - | - | |
| Uniform Sale | 940 | - | 940 | 90 | - | 90 | |
| Summer Fair | 15,106 | (5,210) | 9,896 | - | - | - | |
| Sponsored Walk | - | - | - | 4,731 | - | 4,731 | |
| Sunflowers | - | - | - | 593 | (33) | 560 | |
| 29,310 | (9,777) | 19,533 | 14,430 | (3,460) | 10,970 |
7
Raglan Schools Association Notes to the Financial Statements
3. Charitable Activities
| 3. Charitable Activities | ||
|---|---|---|
| 2022 | 2021 | |
| Donations to School | Total funds | Total funds |
| £ | £ | |
| Chromebooks, ipads and Laptops | - | 5,000 |
| Children’s Christmas Pantomime | 594 | 100 |
| Year 3/4 Playground Green Screen | 21,646 | - |
| Sports Day Coaches | 750 | - |
| Total | 22,990 | 5,100 |
4. Trustees Remuneration and Benefits
No trustees received any remuneration for their work.
There were no staff employed by the Association.
8
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CHARIIY COMMISSION FOR WAIES Independent examinerfs report on the accounts Section A Independent Examiner's Rèport Roport lothe trusleesl RAGLAN SCHOOLSASSOCIATION On a¢¢ouni$knthvyr 31 August2022 ¢hadty no lif onyl 10265f7 I rewrttothe IrLe5 on my ex8min8tk)n ofthe aCc0t oftr aLv)ve Larity (TruSr) forth2 yeareThled 31 108 12022. R•8pomsibiIts and ba8isoFroport Aslh2 tharItruSteeS, you are resSIble forts ofthè counts in 3CrrdanW1th Ihe rewirwts orth8 Charrtb$A¢t 2011 ri AL'I. I rewrt h r8skWt ofmy tsxarninatiL oftheTws accrtS out dar thon 145 oflhe 2011 Ad in rxryirg rArt my examinalbn. I ve followed aw th8 apk4Kable DIred1L gwen by the Charky cm[88 Lr8e(oft 145(5llbl of theAd. lThlynd•nt I Ivts rthF4th1 rny gxomnot)n. I ci¥ffim IhatrKJ matfjal matters have •xamin¢ts statement LyJrneto rny attention in rAIn[On wiknthe %YhKagwes me caLL8eto bdleve that in, any matsrial respert tha cwntino rtDrth nLtkerA in BrAydarKeith seror 130 oftha Ch8rlt588 Att, or the a¢Thts thd not witarUbrvj r." or the ¥counts did not compty wiu) the al&e requirements Vncergthefn and r¥ffitent of a¢Th 88t out in Iha Charibes <A(lnts Rewrtsl R&Julaliorts 2W8 otherthan any reqiwr8m2trt thatthe accounts L¥ve a IweAnd fairt wew whth k8 not a matter COll8Klered as part of an IndePteXamlnati0n. I have no con¢6rn$ and have corne across noolharmatters in W5th thè axaminatiDn towhith attenbon shouhj be dravm in thB report crfderto enabl8 a proper UndnlI¥j ofthe aCtst0 be reac. $iBned: 1011012022 Namw. DearK* Po36fidd Relevant prol8sslonal qualrfi¢aUonl¥l or btyjy (Nanyl: ACCA Chartd ALUL¥tsnt Add 12 Hav L(lle. 25VIN8ge Road. EN12ED Oct 2018
Section B Onty Gomplele If the examiner rted$ lo highlight mTral matters ol conrn Ise2 CC32, br8ntxIn8tt£n of¢lwty •>w)ts.' direcboreand guwjance for &Xarr$l. Qlv• hortr brf•1al1ts of any Itm$ thatth• trxatnin8r¥sh•sto dlTKk•. Nothing to dclOset0 the Charity CoMmr&5[. IER ¢)ct 2018