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



Internal Communication: For internal & partner use only. 



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~~ 

1 

**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). 

2 

**October 2018** 

**IER** 



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

3 

**October 2018** 

**IER**