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Annual Report
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School
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Year ending Aug 31[st ] 2023 Report and Financial Statements (Unaudited)
FOSMAS ANNUAL REPORT
2022 - 2023
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
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FOSMAS ANNUAL REPORT
2022 - 2023
FOSMAS Chair
W elcome to the Friends of St Mary Abbots School (FOSMAS) 2022-2023 Annual Report. We 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 saw some amazing events take place with the Xmas and Summer Fairs and we had two very successful campaigns: we raised more than ever in the annual Read-a-Thon and had an amazing fundraiser in the Fun Run right at the end of the school year. 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. The summer fair was a lot of fun and although the weather wasn’t great, the children had a wonderful time. The Christmas Fair 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, 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 funds 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).
At the time of publishing this report, we will have handed the baton to a new team of enthusiastic, driven and very capable parents. We believe the future looks bright for the school with the new team well in place. We hope you find this report uplifting and interesting, and that you will join us in wishing all the staff at SMAS and all families good health and best wishes in the year(s) ahead.
Maarten Ooms FOSMAS Co-Chair
Patrick Flynn FOSMAS Co-Chair
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FOSMAS ANNUAL REPORT
2022 - 2023
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:
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Developing effective relationships between the staff, parents and others associated with the school.
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Engaging in activities or providing facilities or equipment which support the school and advance the education of the pupils.
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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 August 2021 at the AGM held on 28th February 2022. FOSMAS elected its committee members as listed below:
| FOSMAS Committee (elected in Mar 2023) | FOSMAS Committee (elected in Mar 2023) | |
|---|---|---|
| Maarten Ooms (co C)* | Tom Wegelius (co T) | Erin Smart (co S) |
| Patrick Flynn (co C) | Ruzena Karlubik (co T) | Angela Crossman |
| Wouter Van Aken (co T) | Sandra Vasquez (co S) | Cecilia Caldevilla* |
| Julia Augustii |
Note: C - Chair, T - Treasurer, S - Secretary, Co - Co-opted member, * no longer FOSMAS member.
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2022 - 2023
FOSMAS ANNUAL REPORT
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.
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November 2022 - FOSMAS New Parents Welcome Drinks,
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December 2022 - FOSMAS Christmas Fair,
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March 2023 – FOSMAS AGM, Quiz Night, and Read-A-Thon,
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June 2023 – FOSMAS Parents Drinks and FOSMAS Fun Run,
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July 2023 – FOSMAS Summer Fair
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FOSMAS ANNUAL REPORT
2022 - 2023
Annual Review
This school year we have 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.
2022/23 was an extremely challenging year for everyone at the school with the world facing Russia’s military action in Ukraine early, the subsequent spike in inflation, and the cost-of-living crisis affecting 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. £32K (net of costs) which represented a n increase of 3.6% from the previous school year . This is mostly explained by an increase in events like the Read a Thon and Fun Run which were able to attract more attention.
As in previous years, Single & Regular Givers represented the biggest source of income (46.3%). 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. However, only 15 parents in our school community were providing regular donations as of Aug 23 . This represents
only 8.6% out of 174 children attending the school. We believe that by encouraging open communication among the school community, setting clear fundraising targets, and delivering tangible results, we can do so much better.
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 93% 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, Chess for KS2, verbal and non-verbal for Y5, French lessons from Reception to Y6, our author-in-residence, among others.
However, given the increasing budget constraints faced by schools, our donations to the school have increased by over 200% and are now a vital source of funding which is being used to pay for more than just curriculum upgrades.
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FOSMAS ANNUAL REPORT
2022 - 2023
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 (including Mircea and Ioana ) and our beloved FOSMAS team , 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 assisted in the auditing of our annual accounts.
Thank you to all our volunteers who provided endless support and made sure that everything ran smoothly at the events. 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.
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Frignd5 of St Mary Abbots School 1030955 CIIARITY COMMISSION roft INGLANO ANO WALI: Receipts and payments accounts CC16a For the period from OIK)912022 31A)8I2023 Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last yèar tothg npargst tothg nearg¥t £ tothg ngar4st £ tothfj nparest £ tothg n9argSt£ A1 Receipts Fundrafjsln Fosmas Donations Interest Fundraisin 446 446 32 events other Sub total(Gross income forAR) A2 Asset and Snvestment sales, Isee table). 36,929 36,929 40.528 Sub total Totsl re¢elpts 36,929 36,929 40,528 A3 Payment$ Fosmas Event ex School donations General ex nse$ Char 88 and f8e8 ens8s 2.880 65,440 493 234 6.371 24,513 116 674 493 234 Sub total 69,047 69.047 31.674 A4 Asset and Investment purchases, (see tsblel Sub total Totalpayments 69,047 69,047 31,674 Net ofreceipts/(payments) A5 Transfers between funds A6 Cash fund$ last year end Cash funds this year end 32,118 32.11B 8,854 108,038 75,920 108,V38 75,920 99,184 108,038 CCXX R1 accoun15 ISSI 2910612024
Section B Statement of assets and liabilities at the end of the period Unre$tricted funds to nearest£ Restricted funds Endowment fijnds to neare5t£ C3tegories to nearest £ B1 Cash funds To181 Cash in Bank 75,920 Total cash funds 75,920 Iagré&baCÉSIWlln 18celpis and paym8nts 1511 Unrestrlcted funds to neares¢£ Restrlcted funds to ne4rest£ Endowment funds to £ Detsi15 B2 Other monetary assets Fund to Ythich asset belon Cost loptSonall Current vhlue lonal Details B3 Investment assots Fund to Ythich asset belo Culr4ntvalu• lonal Detsils C09t loptSonall B4 Assèts rètalnèd for thè charity's own use Fund to Ythich relatps Amount due When due lonal Details BS Llabllltles aa£ CCXX R2 accoun15 ISSI 2910612024
¥rrivO1¢ry4¢rd$1irf¢ts Il¢eShe 3,510 31 4.?.14 58,300A9 INC 10n INC MOn1hlyard CLyn i.rJ1.frt .374. B.375 ¢<th• 3.07$21 1.72&QO 3.5B& 3.5th INC Een1-fte4hDn 7.&yB 1&5.&5 9.99 4.W 132. (f4.QW. 139AO] 4.Xl 152J)I D I64)) {JgJV)I EXP lDSMAS-Lqavr5wd1s EXP loSMA5-T8hBr5'tshua EXP loSMAS.Swrtsds¥ EXP loSMAS.Y8knviWParty E¥p8n Expqn5q Expense Exp•rt¥•ts-A¢ll¥ls1Pd$Ity EXP EvVrd-8UrnvrFV-23 Ewn5t ExpqnBe Eyn (6è2.th1 EXP EV0rrf-ts1zN EXP 1104. (38BAal EAP•rts•ts-Qth•r EKP W3&A EXP &nk-1NWtF5 ExfftS Eypvn5 1493.1 J4. 149&10) 15.iV).I 15.WO. 91n$efN0t4¢$gfyek¢¢Uth N•llVesEWS 115.DWDD) 22.7261É 43.1o8AS 22.726 1B 45.1 75.gJJAO
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Rgport to the trust9&$1 members of Friends of St Mary Abbots School On account8 for the year ended 3110812023 Charity no lif any) 1030955 I report lo the trustees on my examination of the accounts of the above charity Itthe TrusVI for the year ended 3110812023. Responsibilities and As the charity trustees. you are responsible for the preparation of th basis of report accounts in accordance wrth the Charrties Act 2011 {"the Acl.). I rgpurl iii 1¥SPeLI uf rTly exdlTlllldliuii uf Ilig Tiubl'y ctLtL)urils ¢airied out under section 145 of the 2011 Act and in carrying out my exominalion. I have followed all the applicable Directions given by the Charrty Commission under section 14515llb) of the Act. Independent I have comF4eted my examinab'on. I confirm that no material matters examiner's statement have come to my attention in connedion wtth the examination which give5 me cause to believe that in, any material resFEct. the accounting Tecords were not kept in accordance with section 130 of the Act.. or thc accounts did not accord with the accounting records- or the accounts did not comply with the applicable requirements conceming the fo and content of accounts set out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an indepondent examination. I have no concerns and have come across no other matters in connection with the examination to whith attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Date- 2910612024 Signed: Narne: K Ivanov Relevant professional qualrficationl81 or body lif any}: Chartered MarketerlAccountant MCIMIACIM IER October 2018