# Annual Report **Friends of St Mary Abbots School** Year ending Aug 31[st ] 2022 Report and Financial Statements (Unaudited) **FOSMAS ANNUAL REPORT** **2021 - 2022** ## **Table of Contents** |**Table of Contents**|| |---|---| |FOSMAS Chair|3| |Charity Information|4| |Background and Objectives|4| |Trustees|4| |Activities|5| |Annual Review|6| |Thanks and Farewells|7| |Appendix 1|8| Friends of St Mary Abbots School, 2 Kensington Church Court, London W8 4SP Charity Registration No. 10309555 2 **|** Page **FOSMAS ANNUAL REPORT** **2021 - 2022** ## **FOSMAS Chair** Welcome to the Friends of St Mary Abbots School (FOSMAS) 2021-2022 Annual Report. I hope you find everything included herein to be informative and you can see what has been accomplished over the past year. Although it has been a challenging year in many ways, at the same time it was remarkably successful. We continue to live in a rapidly changing and dynamic world. St. Mary Abbots School (SMAS) has seen a transformational change/upgrade on many levels. The curriculum has seen a significant upgrade, facilities improved, a completely new IT system installed throughout the school and new offerings provided (language lessons, music lessons, swimming lessons, etc.). Much of this has been the result of YOU, the parents, who generously donate to FOSMAS in support of all these endeavours; but also, the leadership of Mr. Primrose, the support of the Governors and Mother Emma, and of course the wonderful execution by all the teachers and staff at SMAS. At FOSMAS we tried to find ways to support our school and the children throughout this period in non-tangible ways in addition to tangible ways. We worked very hard to keep fun events going for the children. As restrictions were lifted, we were able to enjoy a late Summer Fair in the Vicarage Garden which was delayed until September due to Covid restrictions. Although it rained on the day, the event was a huge success (both financially and spiritually) with loads of fun had by all ages. The Christmas Fair was also allowed to proceed and was hosted in the church, and once again it was a huge success. We also held other events, including Read-A-Thon, parents Quiz Night, KS2 Movie Night, and of course the Summer Fair for this school year. A HUGE THANK YOU to all of you who have contributed already and continue to do so. None of this would be possible without your generous support. You will see in the financials section of this report how much we raised for the school. However, there is more to do (as always) so please continue your support if you are already a regular donor and if you are not, please consider becoming a regular donor if you can. Remember that FOSMAS is a registered charity, with 100% of money raised going back into the school. As a charity we also benefit from Gift-Aid, which increases the value of donations by 25% (plus, there are individual personal tax benefits from individual donations). As many of you know, I have been a parent at the school for over 15 years and have never felt that SMAS has been in a better position than it is today. We hope you find this report uplifting and interesting, and that you will join us in wishing all 3 **|** Page **2021 - 2022** ## **FOSMAS ANNUAL REPORT** the staff at SMAS and all families good health and best wishes in the year(s) ahead. Nicholas Kyprios **FOSMAS Chair** 4 **|** Page **FOSMAS ANNUAL REPORT** **2021 - 2022** ## **Charity Information** ## **Background and Objectives** The Friends of St Mary Abbots School (FOSMAS) is a registered UK charity formally constituted in January 1994. It is governed by its Constitution, as amended, and adopted on 28[th] February 2022. The main objective of this charity is to advance the education of pupils in St Mary Abbots School (SMAS) by: 1. Developing effective relationships between the staff, parents and others associated with - the school. 2. Engaging in activities or providing facilities or equipment which support the school and advance the education of the pupils. 3. Support the Governing Body in the most efficient way and in accordance with the process set in our Constitution document. The charity relies on a formally constituted Committee to pursue this objective. FOSMAS Committee administers the charity and meets at least quarterly with further meetings as required. All members of the Committee are trustees of the charity and have control of its property and funds. FOSMAS’ trustees bring a variety of skills to the board including financial, communications, administration, and events and charity management. All Trustees are encouraged to keep up to date with the role and responsibility of a trustee. Nominations for election to the Committee may be made by any charity member with the consent of the nominee. The formal election process takes place at the AGM where decisions are taken by simple majority. ## **Trustees** The Trustees presented their annual report and unaudited accounts for the year ending 31st 5 **|** Page **FOSMAS ANNUAL REPORT** **2021 - 2022** August 2021 at the AGM held on 28th February 2022. FOSMAS elected its committee members as listed below: FOSMAS Committee (elected in Feb 2022) Nicholas Kyprios (C)* Tom Wegelius (T) Julia Augustii Wouter Van Aken (co T) Sandra Vasquez (S) Patrick Flynn Maarten Ooms Hala Nasrallah* Alex Jueguen Ioana Bozan (Co) Thea Lenborg (Co) Note: C - Chair, T - Treasurer, S - Secretary, Co - Co-opted member, * no longer FOSMAS members. 6 **|** Page **FOSMAS ANNUAL REPORT** **2021 - 2022** ## **Activities** As the school’s dedicated charity and Parents Teachers Association (PTA), FOSMAS plays a crucial role in organising activities and events to foster relations between the school’s staff, parents, pupils and Governors. A key part of FOSMAS’ role is to raise funds for educational materials and equipment for our children to have the best education and learning environment where to thrive. To achieve this, FOSMAS organises several events and activities throughout the year. - **Sep 2021** - FOSMAS Summer Fair (postponed in the previous year due to Covid-19), - **Oct 2021** – Science Night with the Royal Institution, - **Dec 2021** - FOSMAS Christmas Fair, - **Feb 2022 –** FOSMAS AGM, - **Mar 2022 -** KS2 Movie Night, - **Apr 2022 -** Quiz Night, - **Jun 2022 –** FOSMAS Parents Drinks, - **Jul 2022 –** FOSMAS Summer Fair 7 **|** Page **FOSMAS ANNUAL REPORT** **2021 - 2022** ## **Annual Review** This school year we were able to hold again many of the school events. We have also continued to work closely with the **Class Reps** to pass on FOSMAS news to all parents, and “School Comms” email to parents act as additional reminders. 2021/22 was an extremely challenging year for everyone at the school with the world recovering from the pandemic and with Russia launching a military action in Ukraine early in 2022. The subsequent spike in inflation and cost of living crisis affected school budgets, as well as the school community in general. Thanks must go to **Mr Primrose** for leading our school through this unprecedented time and supporting the children, parents, and staff. Overall, FOSMAS raised c. £34K (net of costs) which represented a **decrease of 35% from the previous school year** when we launched our School Vision campaign. This is mostly explained by a **significant decrease in single & regular donations** which increased last year as part of the School Vision fundraising initiative. However, we were able to hold all our events. As in previous years, Single & Regular Givers represented the biggest source of income (~50%). This highlights how crucial **your donations** are to FOSMAS and, ultimately, the school as they are the **most reliable funding source** . Thank you so much to all the families who made this possible. We believe that by encouraging open communication among the school community, setting clear fundraising targets, and delivering tangible results, we can do so much more. Regular donations are particularly important as they provide a more stable source of income which allows the school to plan future investments. This year’s donation to the school represented 68.5% of the total expenses and included our usual subscriptions, as well as the curriculum upgrades recurring expenses like Read, Write Inc phonics resources, Singapore Maths, Forest School, among others. 8 **|** Page **2021 - 2022** ## **FOSMAS ANNUAL REPORT** If we want to benefit from these upgrades, we will need to fund the annual costs through donations. 9 **|** Page **FOSMAS ANNUAL REPORT** **2021 - 2022** ## **Thank You and Farewells** The end of the Summer term saw a number of families leave the school. They have been major supporters of FOSMAS and we thank them for their huge contribution to the school over the years. We would like to thank all the **parents** and **school staff** who worked tirelessly this year promoting fundraising and donating generously to FOSMAS. Thank you to our **fund-matching champions** and our beloved **FOSMAS army** , these groups of parents have been especially involved and have consistently supported the school. A very special thank you goes to our **Class Reps** , **and Gergana Panderova,** a school mother who kindly helped us with our annual accounts. Thank you to **David Tyne-Sablon** , who provided endless support and made sure that everything ran smoothly at school. Finally, we would like to thank **Mr Primrose,** the **School Governors, Mother Emma, and** the **PCC** of **St Mary Abbots Church** for all their help and support throughout the past year. 10 **|** Page FOSMAS ANNUAL REPORT 2021 - 2022 CattiLYI Start￿ Bakne S 9>,￿4.&8 INC.. lQ5*.43 1LfK6.r￿j INC.. E￿- 5unT￿Fa￿- 2021 INC.. e￿t- SunTvFaY. a522 INC., E￿￿. CtrstrrB5 Fak INC.. Ei**. Cake S* INC.. Ewt- Quti Nty INC.. E￿￿. INC.. E￿- %S2 Nty*t Ir￿<￿Te 1433.02 4,1gJ.72 Z281.95 73.co 1848.rK) 688.16 IrtL¥T INC. Ma￿h￿TrY1r INC.. 8¥*. Ir¢£reSta￿ Fee5 32.47 EXP tt) SMAS . Newpar￿ r*rt5 EXP trj SMAS . er￿dyear[Wty EXP.. b) SMAS . Lctyt Day EXP. b) SMAS .Te￿￿,W&h Ltst EXP.. to SMAS . Worfo Bc(* EXP.. to SMAS . Sm dty EXP.. b) SMAS .1 Lti*e roFbe5 EXP trj SMA5 . Y6 lewro p3ty EXP trj SMAS . Roy& IrsbtttyScvreD E¥￿￿e E>¥￿￿e 1372,gJl 1133 3]> 1740.961 12L.Cts).CYJI 110g.wi 173.401 1178.yjl 1945 (X)I E>w6e E4Ef6e E>w6e E¥Mse E¥tY6e EXP Evert- 5urYTYV Fair. 2021 EXP. E¥trt- 5ur(TrvFair. 2022 EXP. E¥trt. Ctrr6hBS Fa EXP.. E¥trt. QiAz Nk EXP.. E¥ert. EXP.. E¥ert. K52 Mwe Nb¥t E¥tY6e E¥ffse E¥Mse Ewe (l￿.391 12￿.181 11,347 341 115.401 Ewe 1326.L¥)I EXP. SG&4 EXP.. Bank. IrYME5taNI Fees Ewe 1116.LDI 1674.031 can1￿1 r(xvrf1 •vJrfwlsw)atxxe 4038. 11 I Page **2021 - 2022** ## **FOSMAS ANNUAL REPORT** ## **Appendix 1** **----- Start of picture text -----**
Balance
Carried forward start of year Balance Sheet 99,184.83
Income - Donations
INC: Donation Income 10,538.43
INC: Monthly donation Income 11,005.00
Income - Actvities / fundraising
INC: Event - Summer Fair - 2021 Income 3,433.02
INC: Event - Summer Fair - 2022 Income 4,199.72
INC: Event - Christmas Fair Income 2,281.95
INC: Event - Cake Sale Income 628.24
INC: Event - Quiz Night Income 73.00
INC: Event - Read-a-thon Income 3,848.00
INC: Event - KS2 Movie Night Income 688.16
Income - other sources
INC: Matchfunding Income 3,800.00
INC: Bank - Interest and Fees Income 32.47
Expenses - Donations
EXP: to SMAS - New Parents Drinks Expense (372.90)
EXP: to SMAS - End of Year party Expense (133.20)
EXP: to SMAS - Love Day Expense (740.96)
EXP: to SMAS - Teachers' Wish List Expense (21,000.00)
EXP: to SMAS - World Book Day photo Expense (109.00)
EXP: to SMAS - Sports day Expense (73.40)
EXP: to SMAS - Jubilee parties Expense (178.50)
EXP: to SMAS - Y6 leaving party Expense (945.00)
EXP: to SMAS - Royal Institution Science Day Expense (960.00)
Expenses - Activities / Fundraising
EXP: Event - Summer Fair - 2021 Expense (1,900.39)
EXP: Event - Summer Fair - 2022 Expense (2,396.78)
EXP: Event - Christmas Fair Expense (1,347.34)
EXP: Event - Quiz Night Expense (15.40)
EXP: Event - Read-a-thon Expense (384.98)
EXP: Event - KS2 Movie Night Expense (326.00)
Expenses - Other
EXP: SG&A Expense (116.00)
EXP: Bank - Interest and Fees Expense (674.03)
Balance
Carried forward end of year (sum above) Balance Sheet 108,038.94
**----- End of picture text -----**
8 **|** Page CHARITY COMMISSION FOR ENGLAND AND WALES Frl6nd8 of St Mary Abbots School 1030955 Receipts and payments accounts CC16a For the period from 0110912Q21 3110812022 To Section A Receipts and payments Unrestricted funds to th• n•arnst Restricted funds Endowment funds Total funds Last year to th• noar05t £ to th& no&M5t £ toth• n8arost £ to thB nqafqst £ A1 Receipts Fundraisin F05mas Donations Interest Fundraisin 21,543 32 21,543 32 3,800 43,557 events other 800 Sub total(Gross income for ARJ 40,528 40,528 51,009 A2 Asset and Investment sales, (see tsblel. Sub total Total receipts 40,528 40,$2B 51,009 A3 Payments Fosmas Even¢ ex School donations Gon8ral 8x enso8 Cha es and fees nses 6,371 24,513 116 674 415 52,668 746 217 116 074 Sub total 31,674 31.674 A4 Asset and investment purchases, Isee tablel Sub total Totalpaymants 31,674 31,674 Net of receipts/(paymentsJ AS Transfers between funds A6 Cash funds last year end Cash funds this year end 8,854 8,B54 3,037 99,184 108,038 99,184 108,038 102,221 99.184 CCXX R1 accounts ISSI 2810612023 Section B Statement of assets and liabilities at the end of the period LlnrestTiCted lunds to nearest £ Restricted fund Endowtnent funds to nearest£ Categories Details to nearest £ B1 Cash funds Tot81 C8sh in Bank 108,03B Total cash funds 108,03B lagiee b4*fjce5 ￿tthre￿Pts Unre$ttl¢ted fund$ io nearest £ Restrlcted fund$ to nearest£ Endowmenl fund$ to nearest£ Detsil$ Fund to which bglon Currentvalue Details C(FSt loptionall Fund t(bvihith 4S8•t belon Cost loptlonall ¢￿￿en¢ValUe Details B4 Assets retained for the harity's own use Fund lowhSch relates knount duè When due Details BS Liabiliti¢$ CCXX R2 8ccounls ISSI 2810612023 8alanc• Carried lO￿ard start crf year 8a*e ￿eet 99,IB4.83 1￿C￿•- Donallons INC DOr￿t￿n INC. MortNy donatk)n 11￿¢)￿ 10.538 43 11,IK15.( In¢om•. A¢t¥ttl•s I fundralslno INC Even¢- su￿￿￿ Fair- 2021 INC. E¥ent- Surmy Fair- 2022 INC. Eveni- ChristsT*S Fair INC.. Evert- Cake S4e INC. Event. Quri N￿h1 INC" Event- Read-&thon INC. Evert- KS2 Mowe Nigm Incon 3,4J3 02 4,199.72 2.281.95 628.24 73 (Xl Incon Ir￿0￿ Inco￿ IrK¢Jn 3,848 (X) 688.16 Inc¢Mn•. oth•r soure• INC Matchfunding INC. W-Intere* ￿ Fees 3,8ts).¢YJ 3247 I￿On EXP. to SMAS- New Parents Drn*s EXP" to SMAS- End of Year p EXP. to SMAS- Love Day EXP" to SMAS- Teact￿r$. With List EXP. to SMAS- Work1 Book Day EXP. to SMAS. Sports day EXP" to SMAS- Jub*e part￿S EXP" to SMAS-Y6 ￿a￿n9 party EXP.. to SMAS- Royal Insty"tUt￿ D I372.￿} 1133 201 40.￿) 121,OlX) ￿) 1109 (Kli 173.401 1178 501 1945 ￿) Expffis•5- A¢llvhl•s l Fundra1￿￿9 EXP." Event - SUm￿r Fair- 2021 EXP. Event- SuThEr Fair- 2022 EXP. Event. ChristrrÉs Fair EXP." Evefrt. (JI￿ N¥Jhi EXP. Event- Read-a4hon EXP.. Evert. KS2 MOVE N¥Jht I1.9￿ 391 P,3* 781 11.347 341 115401 1384 981 I326.￿) EXP. SG&A EXP. Ba￿. Interest ￿ Fees I116.￿} 1674 031 B4lane• Carried lorward eThJ ol year IsumaboNtl 8a&Ke ￿eet 108.038.94 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Friends of St Mary Abbots School On accounts for the year ended 3110812022 Charity no (if any) 1030955 I report to the trustees on my examination of the accounts ofthe above charity {Yhe Trust.) for the year ended 3110812022. Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 20111.the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5llb) of the Act. Independent I have completed my examination. I confirm that no material matters examiner's statement have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Act- or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements conceming the form and content of accounls set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement Ihat the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinalion. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Date: 30.06.2023 Signed: Name: K Ivanov Relevant professional qualification(s) or body (if any): Chartered MarkelerlAccountant MCIMIACIM IER October 2018 Address: 407 Britannia House,1-11 Glenthorne Road. London, W6 OLH Section B Disclosure Only complele if Ihe examiner needs lo highlight matters of concern (see CC32, Independenl exarnination of charity accounts.. directions and guidance for examiners). Give here details of any items that the examiner wishes to disclose. NIA IER October 2018