Treasurer’s Report 2020
As at the year-end 31 July 2020 FOSC has the following balances in its accounts:
Current £3837.19 Savings £10,348.07 TOTAL: £14,185.26
It has been an unprecedented year but still a successful year fundraising. Highlights and the approximate amounts raised at this year’s events include:
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Christmas Bazaar £4,650 (£3,500 profit approx.)
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▪ Whole School Relay £3,050 (£3,000 profit approx.) ▪ Discos £1,300 (£850 profit approx.) ▪ £ for £ £800 (£800 profit approx.) ▪ Photos £800 (£800 profit approx.) ▪ School Lottery £550 (£550 profit approx.) ▪ Christmas Shop £1200 (£550 profit approx.) ▪ Quiz £500 (£450 profit approx.) ▪ Mother’s Day £1600 (£400 profit approx.)
Due to the successful fundraising with the support of our school community, FOSC donated approximately £11,950 back to the school for last year which included the following:
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Monies towards the Chomebook Fund
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A trip to the Panto for every child in the school
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Christmas gifts for every child
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Leavers Party and books for Year 6
Our funds remain healthy, we have spending planned for the year ahead. The target of £12,000 for the 60 Chromebooks has been raised. New ways for fundraising this year during these unprecedented times have raised an amazing profit from the Whole School Relay of approximately £3,000 and profit of approximately £550 from the School Lottery. The Christmas Bazaar, Discos and Photos continue to be major fundraisers. The Christmas Shop and Quiz have made a greater profit year on year.
The accounts will be audited and logged with the charity commission.
Julie Hughes, Treasurer
FOSC IC of E) PrJrDa¥y Scl>ool ST CATHERINES SCHOOL PARENT TEACHER ASSOCIATION ACCOUNTS I AUGUST 2019 TO 31 JULY 2020 REGISTERED CHARITY 1040213 F I AUGUST 2019 CURRENT A/C SAVINGS A/C PETfY CASH (£) (£) 7,306.17 1090.46 8,396.63 RECEIPTS XMAS BAZAAR 2019 WHOLE SCHOOL RELAY 2020 FOSC MISC MOTHER'S DAY 2020 TEA TOWELS DISCOS XMAS SHOP 2019 £FOR£ PHOTOS SCHOOL LOThERY Quiz NON UNIFORM DAY CHROMEBOOK DONATION EASY FUND (£) 4680.01 3066.24 2938.09 1588.50 1356.29 1303.75 1190.30 800.00 786.70 565.10 513.29 316.00 287.36 119.31 kL CLOTHING YR 6 LEAVERS DRAGON BOAT BARCLAYCARD RECYCLE REUSE AMAZON SMILE DONATION PRELOVED UNIFORM BAGS SAVER SAVER INTEREST 79.00 50.00 47.27 29.98 26.95 17.19 12.97 4.00 11941.77 3.93 31724.00 LESS PAYMENTS FOSC MISC FOSC FUNDED FOR SCHOOL MOTHER'S DAY 2020 XMAS BAZAAR 2019 TEA TOWELS XMAS SHOP 2019 YR 6 LEAVERS XMAS BOOKS / MISC 2019 DISCOS SUMMER FETE 2019 YR 6 CHARITY QUIZ 2020 WHOLE SCHOOL RELAY 2020 DRINKS NIGHT SAVER (£) 12244.51 4956.09 1193.58 1162.01 1043.68 659.06 582.57 463.93 455.18 182.28 167.37 51.40 43.80 41.82 2688.09 25935.37 SURPLUS (DEFICIT) OF RECEIPTS OVER PAYMENTS (£) 5.788.63 CLOSING BALANCE 14,185.26 REPRESENTED BY:_ BALANCES C F JULY2020 CURRENT A/C SAVINGS A/C £3,837.19 £10,348.07 14.185.26 PREPARED BY:. J HUGHES AUDIT CERTIFICATION I HAVE EXAMINED THE FINANCIAL RECORDS AND HEREBY CERTIFY THAT THE RECEIPTS AND PAYMENTS ACCOUNT SHOWN ABOVE SHOWS A TRUE AND FAIR POSITION AUDITED BY:.
Fiona Martin 8 The Hyde Ware Herts SG12 OER 12 February 2021 Dear Julie I have made a review of the Friends of St Catherine's School accounts for the period July 2019 to July 2020 and I am pleased to report that I can sign these off as being approved for the period. There are a couple of points to note going forward for the account to give the best value for the income and purchasing of items, please see below comments relating to the audit of the Friends of St Catherine's School accounts for the period ending July 2020. Purchase no.65 (Class Fundraising) Recommendation to ensure invoices raised in schools name that reimbursements made are exclusive of the VAT (as the school can reclaim VAT). This could have made a saving to the FOSC charity of £198.93. Kind Regards Fiona Martin