## **RAGLAN SCHOOLS ASSOCIATION** ## **ACCOUNTS FOR THE YEAR ENDED** ## **31 AUGUST 2024** **Registered charity: 1026517** **1** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024** The trustees of Raglan Schools Association their Annual Report and financial accounts for the year ended 31 August 2024. ## **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 £36,507 f rom its fundraising activities for the year ended 31 August 2024 (£ 15,733 - 2023). ## **Grants to schools** During the year the Association made grant payments to the schools totalling £15,613 (£14,7 08 – 2023). ## **Trustees** The names of those trustees serving during the year were as follows: Mrs K Chaplin (Chair) Mrs H Catt (Vice Chair) Mr K Moysi and Mrs I Udeh (Joint Treasurers) Mrs Sharon Walters (Secretary) None of the trustees received any remuneration for their services. By order of the trustees ## **Chair** ## **22 October 2024** **2** ## **INDEPENDENT EXAIMINERS REPORT** To the Trustees Raglan Schools Association for the year ended 31 August 2024, 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 ## **Raglan Schools Association** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **for the Year Ended 31 August 2024** ||**Notes**|**Total**
**2024**|**Total**
**2023**| |---|---|---|---| |**Incoming from**||**£**|**£**| |Donations and legacies|2|49,353|22,097| |**Total income**||**49,153**|**22,097**| ||||| |**Expenditure on**|||| |Raising funds||(12,846)|(6,363)| |Charitable activities|4||| |- Donations to School
- Other expenditure||(15,614)
(364)|(14,708)
(1,255)| |**Total expenditure**||**(28,824)**|**(22,326)**| ||||| |**Net income/(deficit)**||**20,529**|**(229)**| ||||| |**Total funds brought forward**||**32,780**|**33,009**| ||||| |**Total funds carried forward**||**53,309**|**32,780**| ## **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 2024** ||**Notes**|**2024**|**2023**| |---|---|---|---| |||**£**|**£**| ||||| |**Current assets**|||| |Cash at bank and in hand||**53,632**|33,023| |Deferred Income||-|(1,755)| |Prepayments||-|1,432| |Uncleared income/ (expenditure)||-|-| |**Total net assets**||**53,632**|**32,780**| ||||| |**The funds of the charity**|||| ||||| |**_Unrestricted funds_**|||| |- General fund||53,632|32,780| ||||| |**Total funds**||**53,632**|**32,780**| The Financial Statements were approved by the Board of Trustees on and were signed on its behalf by: ............................................. 22 October 2024 The notes on pages 6 to 8 form part of these Financial Statements. **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 Charity’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, bank deposit accounts and petty cash held. ## **2. DONATIONS AND LEGACIES** ||**2024**|**2023**| |---|---|---| ||**Total funds**|**Total funds**| ||**£**|**£**| |Fundraising activities|47,200|19,621| |Donations|2,153|2,476| |**Total**|**49,353**|**22,097**| **6** ## **Raglan Schools Association Notes to the Financial Statements** ## **2. DONATIONS AND LEGACIES** _(continued)_ |**Fundraising**
**Activities £**|**Year ended 31 Aug 2024**|**Year ended 31 Aug 2024**|**Year ended 31 Aug 2024**|**Year ended 31 Aug 2023**|**Year ended 31 Aug 2023**|**Year ended 31 Aug 2023**| |---|---|---|---|---|---|---| ||**Income**|**Expenditure**|**Net**
**Income**|**Income**|**Expenditure**|**Net**
**income**| |Secret Gift Room|6,267|(4,807)|1,460|5,249|(2,985)|2,264| |Christmas Raffle|2,478|(190)|2,288|3,253|(450)|2,803| |Santa’s Grotto|2,590|(626)|1,964|2,430|(770)|1,660| |Uniform Sale|580|-|580|580|(27)|553| |Tea Towels|624|(467)|157|513|(410)|103| |Easter Discos|-|-|-|2,696|(793)|1,903| |Christmas Cards|-|-|-|409|-|409| |Quiz Night|2,573|(203)|2,370|1,312|(77)|1,235| |Refreshments|452|(304)|148|564|(243)|321| |Summer Raffle|-|-|-|2,110|(415)|1,695| |World Cup Sweepstake|-|-|-|505|(193)|312| |Summer Fair|13,101|(5,177)|7,924|-|-|-| |Big Walk|16,243|(262)|15,981|-|-|-| |Freezer Fridays|819|(129)|690|-|-|-| |Meet the Authors|466|(98)|368|-|-|-| |Raglan & Epping Bands
Night|170|-|170|-|-|-| |Golden Ticket|837|(584)|253|-|-|-| ||**47,200**|**(12,847)**|**34,353**|**19,621**|**(6,363)**|**13,257**| **7** ## **Raglan Schools Association Notes to the Financial Statements** ## **3. CHARITABLE ACTIVITIES** ||**2024**|**2023**| |---|---|---| |**Donations to School**|**Total funds**|**Total funds**| ||**£**|**£**| |Donation from BHPRA for Books|200|-| |Consumables|2,314|-| |Talk for Writing|3,451|-| |EYFS|1,901|-| |Now Press Play Subscription +
Interactive Headphones|1,892|-| |Y6 Summer Show Production Funding|500|-| |Gardens Pond Development Pt 1|5,000|-| |Portable PA system|355|-| |Sensory Room|-|1,000| |Year Group Violins|-|3,845| |STEM Project|-|2,500| |Sound System|-|7,232| |Gifts for children (sports day)|-|131| |**Total**|**15,613**|**14,708**| ## **4. TRUSTEES REMUNERATION AND BENEFITS** No trustees received any remuneration for their work. There were no staff employed by the Association. **8**