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ST HUGH'S PARENT TEACHER ASSOCIATION

CHARITY NO. 1045500

TREASURY REPORT 2024-2025

INCOME & EXPENDITURE

HEADLINES

l A full programme of events for the 24/25 school year showing reduced revenues

All of the key events and activities are showing reduced revenues for the financial year Fireworks down 5%, Summer Fair 37% and Christmas Fair 23% reductions Uniform shop showing a 15% reduction in revenues for the same period.

School discos buck the trend by showing £12k increase over the prior year, in the main part due to additional activities (Quiz / Football) programmed.

l Total income of just over £47k during the year

A drop of nearly £7½ k on the previous year (14% down) , £5k of which was from the core fundraising events

Approximately £1500 of income (and associated costs) lost due to the PTA no longer organising the Leavers Hoodies.

l Other income included £435 from Asda Cash Pot

No longer receiving income from Amazon, EasyFundraising or the Co-op Community Fund

The PTA continues to look to engage with suitable partners who can provide additional funding

l Related fundraising costs of just under £32½ k for the same period

A decrease of around £20k (39% reduction) year-on-year, which given the revenue reductions shows that cost reductions were made in line with activities

Increases in general costs continue to make a significant dent in the general profitability of the PTA's events calendar

Uniform Shop costs have continued to increase significantly and the committee have begun to reassess pricing and pass on the costs to parents.

The trustees continue to undertake reviews of the uniform shop pricing policy, cost control and are focused on ensuring affordability for all parents.

l Operating Costs (Website, Card Handling, Audit etc) of nearly £1,700

A slight increase (~5%) on the previous year

Card Handling Charge Rates reduced in line with reduced revenues , but cost per transaction remains stable and no increases were passed on from the

payment service providers.

The PTA uses Stripe as it's payment gateway on the website and uses SumUp devices at it's events

£28 k of Cash receipts handled through Stripe & SumUp during the year (a reduction of £5k on prior year)

l Resulting in net c.£25 k surplus for the year before Disbursments

A increase on the previous year of c.£17½ k

l Disbursements totalling over £10k were made in the year.

This funding was predominantly for the Pentagon Play Equipment

The committee continues to work with the school to identify funding opportunities whilst ensuring that they maintain sufficient current assets to support the Uniform store stock build in the summer.

l nearly £58k of net funds on the balance sheet

Actual Bank balances held total just over £ 58 k , but there are several expenses recognised as outstanding creditors in 23/24 These will be settled in the following financial year.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ST HUGH'S PARENT TEACHER ASSOCIATION – CHARITY NUMBER - 1045500

I report on the accounts of the Trust for the year ended 31st August 2025, which are set out in pages numbered 1 to 3.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 2011 and that an independent examination is needed.

It is my responsibility to:

Examine the accounts (under section 43 of the Act);
To follow the procedures laid down in the General Directions given by the Charity
Commissioners (under section 43(7) of the Act); and to state whether matters have come to my attention

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. That examination includes a review of the accounting records kept by the charity and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  - (1) Which gives me reasonable cause to believe that in any material respect the requirements

(a) to keep accounting records in accordance with s41 of the Act: and
(b) to prepare financial statements which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met: or
(2) To which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached
John Wood - Chartered Accountant.

31[st] May 2026

ST HUGH'S PARENT TEACHER ASSOCIATION

CHARITY NO. 1045500

TREASURY REPORT 2024-2025

INCOME & EXPENDITURE

INCOME & EXPENDITURE STATEMENT

----- Start of picture text -----
2024-2025 2023-2024
Income Expenditure Surplus +/- Prior Year Inc Exp Surplus
£ £ £ £ £ £ £
SUMMARY
Fundraising Events 27,908 (9,836) 18,071 12,020 32,908 (26,856) 6,052
Uniform Shop 16,493 (9,346) 7,146 4,946 19,279 (17,078) 2,200
Lottery (Bonus Ball) 2,526 (1,271) 1,255 10 2,603 (1,359) 1,245
Other Funding 435 435 435
Operating Costs (1,696) (1,696) (119) (1,578) (1,578)
Other Expenses (151) (151) 459 (610) (610)
Disbursements (10,138) (10,138) (4,922) (5,216) (5,216)
TOTALS 47,361 (32,439) 14,922 12,829 54,790 (52,697) 2,093
Main Events
Fireworks 10,792 (4,414) 6,378 4,722 11,259 (9,603) 1,656
Christmas Fair 3,671 (582) 3,089 1,132 4,710 (2,754) 1,956
Summer Fair 6,020 (1,958) 4,062 2,641 9,417 (7,996) 1,422
Christmas Market 1,728 (154) 1,574 721 1,109 (256) 853
Summer Ball - - - - - - -
Other Events - - - (355) 355 - 355
Uniform Store
Uniform 16,493 (9,346) 7,146 4,946 19,279 (17,078) 2,200
Discos and Other Fundraisers
Reception 449 - 449 149 300 - 300
Year 1 447 - 447 (23) 470 - 470
Year 2 405 - 405 2 402 - 402
Year 3 605 - 605 79 526 - 526
Year 4 596 - 596 128 468 - 468
Year 5 223 - 223 (282) 505 - 505
Football Finals 228 (106) 121 121
Quiz Night 819 (63) 756 756
Disco Costs - (881) (881) (108) - (772) (772)
Year 6 Parties
Christmas Party 763 - 763 113 650 - 650
Leavers Party 1,164 (1,679) (516) 2,223 2,737 (5,475) (2,738)
Other Business Income & Expenditure
Lottery (Bonus Ball Scheme) 2,526 (1,271) 1,255 10 2,603 (1,359) 1,245
Operating Costs
ParentKind (inc. Public Liability Insurance) - (162) (162) (9) - (153) (153)
Website Running Costs (wix.com and domain) - (230) (230) 18 - (248) (248)
----- End of picture text -----

ST HUGH'S PARENT TEACHER ASSOCIATION CHARITY NO. 1045500

TREASURY REPORT 2023-2024 BALANCE SHEET

FUNDING / BANK / DEBTORS

Opening Balance Stripe Paid In Refunds Fees Transfer Paypal Paid In Refunds Fees Transfer SumUp Paid In Fees Transfer Bonus Ball Paid In Paid Out Transfer Cash Paid In Debtors (prior years) Debtors Creditors (prior years) Creditors Paid Out Closing Balance Bank Statements	Barclays Lottery Stripe Paypal SumUp Debtors Creditors Petty Cash TOTAL FUNDS 39,474 3,860 514 980 - 1,350 (3,138) - 43,040	Barclays Lottery Stripe Paypal SumUp Debtors Creditors Petty Cash TOTAL FUNDS 39,474 3,860 514 980 - 1,350 (3,138) - 43,040
	23,557	23,557
	-	-
	(566)	(566)
	23,003 (23,267)	(264)
	-	-
	-	-
	-	-
	- -	-
	4,614	4,614
	(78)	(78)
	4,536 (4,536)	-

	2,526	2,526
	(1,271)	(1,271)
	- -	-
		-
	25,448	25,448
	- (1,350)	(1,350)
	1,350	1,350
	3,138	3,138
	(1,813)	(1,813)
	(40,370) 52,091 5,114 239 980 - 1,350 (1,813) - 52,091 5,114 239 980 - 1,350 (1,813) -	(40,370) 57,962 57,962
Difference	- - (0) - - - - -	-

Cash Movement	12,617 1,255 (276) - - - 1,326 -	14,922
	from Income & Expenditure (Surplus) Reconciliation Diffference
		14,922

		-

2025-08-31-accounts