2024-08-31-accounts - Watermore Primary School Parent Teacher Friends Association

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Watermore PTFA 2023/2024 Year Treasurer’s Report Chris Kelly – PTFA Treasurer 25th September 2024

We’ve had another very active and successful fundraising year for the charity with 8 fundraising events, the 3 major fundraising events being;

★ Winter Fayre
★ Summer Fayre
★ 10k (both ‘23 and ‘24 straddling this accounting period)

Funds

We started the year with £19,635 of charity funds and ended with £29,699.

Split as follows;

	Start of Year	End of Year
Bank Account	£8,234	£23,232
Paypal	£9,607	£5,451
Cash in Hand	£1,794	£1,015
Total	£19,635	£29,699

This year in total we had £30.3k incomings and just over £20.2k outgoings, £11.1k of that funding activities at school.

Internal Communication: For internal & partner use only.

What have we spent it on?

Spend	Amount (in descending order)
Garden Grant	£2,000
Christmas Gifts	£560
Pantomime	£1,799
First Aid Workshops	£350
School Trips	£2,070
Books	£2,000
Classroom Resources	£560
Workshops x 6	£1,800
TOTAL	£11,139

Thank you to Party Peeps (valued parents of Watermore) for hosting the school discos free of charge, much appreciated!

The Year 6 leaving hoodies, books, and discos were funded through self fund raising and parent contributions with the £600 shortfall covered by PTFA profits.

Charities Trust Grant

In 2024 the PTFA was nominated for a £5,000 grant from the Charities Trust which was successful, with the money received in July 2024. This money will be utilised in 2024/2025 with various options under discussion with the school.

Let’s continue to spend the funds on making Watermore a place where our children can thrive and most importantly be happy

Internal Communication: For internal & partner use only.

Watermore Primary School PTFA Accounts: 1-September-2023 to 31-August-2024

Fundraising Events 10K (Sept 2023) Winter Fayre (Dec 2023) Summer Fayre (July 2023) 10K (Sept 2024) Year 6 - Disco, Hoodies, Books etc KS1 & KS2 Disco Sponsored Run Rags 2 Riches Costumes & Book Sale Other Income Gazebo Sale Charities Trust Grant Matched Funding Bank Interest Misc. income / Adjustments TOTAL FUNDRAISING Funds to School Garden Grant Christmas Gifts Pantomime First Aid Workshops School Trips Books Classroom Resources Workshops x 6 Other Expenditure New Gazebos CAF Bank Charges Parentkind membership (PTFA Insurance) Websites Domain & Hosting Ticket tailor fees Zettle Card readers TOTAL EXPENDITURE Total Income & Expenditure Opening / Closing Balances Summary Bank Balance Cash in Hand Paypal Total Balance	Income Expenditure Profit/(Loss) £1,589.61 £2,209.07 -£619.46 £5,226.31 £1,664.51 £3,561.80 £4,506.98 £1,696.28 £2,810.70 £6,568.39 £43.68 £6,524.71 £1,169.00 £1,769.40 -£600.40 £1,089.74 £201.47 £888.27 £2,731.51 £2,731.51 £277.55 £277.55 £261.40 £261.40 £15,836.08 Income Expenditure Profit/(Loss) £350.00 £350.00 £5,000.00 £5,000.00 £1,480.00 £1,480.00 £28.99 £28.99 £0.00 £6,858.99 £22,695.07 Income Expenditure Profit/(Loss) £2,000.00 -£2,000.00 £560.00 -£560.00 £1,798.80 -£1,798.80 £350.00 -£350.00 £2,070.00 -£2,070.00 £2,000.00 -£2,000.00 £560.00 -£560.00 £1,800.00 -£1,800.00 -£11,138.80 Income Expenditure Profit/(Loss) £906.90 -£906.90 £60.00 -£60.00 £172.80 -£172.80 £163.00 -£163.00 £72.00 -£72.00 £118.00 -£118.00 -£1,492.70 -£12,631.50 Income Expenditure Profit/(Loss)	Income Expenditure Profit/(Loss) £1,589.61 £2,209.07 -£619.46 £5,226.31 £1,664.51 £3,561.80 £4,506.98 £1,696.28 £2,810.70 £6,568.39 £43.68 £6,524.71 £1,169.00 £1,769.40 -£600.40 £1,089.74 £201.47 £888.27 £2,731.51 £2,731.51 £277.55 £277.55 £261.40 £261.40 £15,836.08 Income Expenditure Profit/(Loss) £350.00 £350.00 £5,000.00 £5,000.00 £1,480.00 £1,480.00 £28.99 £28.99 £0.00 £6,858.99 £22,695.07 Income Expenditure Profit/(Loss) £2,000.00 -£2,000.00 £560.00 -£560.00 £1,798.80 -£1,798.80 £350.00 -£350.00 £2,070.00 -£2,070.00 £2,000.00 -£2,000.00 £560.00 -£560.00 £1,800.00 -£1,800.00 -£11,138.80 Income Expenditure Profit/(Loss) £906.90 -£906.90 £60.00 -£60.00 £172.80 -£172.80 £163.00 -£163.00 £72.00 -£72.00 £118.00 -£118.00 -£1,492.70 -£12,631.50 Income Expenditure Profit/(Loss)
		-£1,492.70
		-£12,631.50 Profit/(Loss)
	£30,279.48 -£20,215.91	£10,063.57
	Opening Closing Movement £8,234.14 £23,232.18 £14,998.04 £1,793.50 £1,015.25 -£778.25 £9,607.49 £5,451.27 -£4,156.22
	£19,635.13 £29,698.70 £10,063.57

Internal Communication: For internal & partner use only.

Independent examiner's report on the accounts

Section A Independent Examiner’s Report Report to the trustees/ Charity Name members of Watermore Primary School Parent Teacher Friends Association On accounts for the year 31st August 2024 Charity no 1041660 ended (if any) Set out on pages 1 to 3 11 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 08 / 2024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

● accounting records were not kept in accordance with section 130 of the Act or ● the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Please delete the words in the brackets if they do not apply.

Signed: Date: 14/11/2024 ~~|~~

Name: Daniel Miles ~~pt~~

October 2018

IER

Relevant professional Chartered Institute of Management Accountants qualification(s) or body (if any): Address: 2 Adams land Coalpitheath, Bristol BS362JT

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

October 2018

IER

Give here brief details of NA any items that the examiner wishes to disclose .

October 2018

IER