Friends of Newberries School
(Registered Charity No. 1047300)
ANNUAL REPORT ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
FRIENDS OF NEWBERRIES SCHOOL (FORMERLY NEWBERRIES PRIMARY SCHOOL PARENT TEACHER ASSOCIATION)
(Registered Charity No. 1047300)
ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
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FRIENDS OF NEWBERRIES SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| President | Ms Ness Peters |
|---|---|
| Officers: | |
| Chair: | Deborah Cohen |
| Honorary Secretary: | Belinda Levine |
| Honorary Treasurer: | Robert Richman |
| Other (Trustees’): | Parent Members |
| Charity Number: | 1047300 |
| Correspondent Office: | Newberries Primary School |
| Newberries Avenue | |
| Radlett | |
| Hertfordshire | |
| WD7 7EL | |
| Bankers: | Barclays Bank |
| St Albans Group | |
| P.O. Box 104 | |
| Blenheim Gate | |
| 22/24 Upper Marlborough Road | |
| St Albans | |
| Herts AL1 3AL |
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FRIENDS OF NEWBERRIES SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
PAGE
| Annual Report | 4 - 5 |
|---|---|
| Statement of Financial Activities | 6 |
| Fund Balance and Balance Sheet | 7 |
| Notes to the Accounts | 8 |
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FRIENDS OF NEWBERRIES SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
The Newberries Primary School Parent Teacher Association, is registered with the Charity Commission (No. 1047300) and is governed by its constitution. The Office bearing roles for the financial year ending 31[st] August 2022 were taken by:
Officers: Chair:
Deborah Cohen Honorary Secretary: Belinda Levine Honorary Treasurer: Robert Richman
The object of the Association is to advance the education of the pupils in the school. In furtherance of this object the Association may:
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(a) Develop more extended relationships between the staff, parents and others associated with the school.
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(b) Engage in activities which support the school and advance the education of pupils attending it.
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(c) Provide and assist in the provision of such facilities or items of education at the school (not provided from statutory funds) as the committee shall from time to time determine.
During the year, the Association organised various social activities that helped to maintain the school community and the proceeds from these (plus gift aid donations) raised a net income of £24,592 (202021 £11,108).
In line with the objectives of the Association, it was decided the funds held would be best utilised through donations to the school. Therefore, in the year ending 31[st] August 2022 the Association made donations to the school of £8,300 . These donations were used to support activities such as the Christmas Panto, Christmas Party, subscriptions as well as enabling the school to invest significantly in learning resources, teaching resources, IT and school equipment.
The Association ended the year with assets of £22,279.
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FRIENDS OF NEWBERRIES SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
STATEMENT OF OFFICERS’ RESPONSIBILITIES
The constitution requires Accounts to be prepared for each financial period in accordance with The Charities Act 2011. In preparing those Accounts the Association is required to:
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Select suitable accounting policies and then apply them consistently;
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Make judgments and estimates that are reasonable and prudent;
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State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the Accounts;
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Prepare the Accounts on the going concern basis unless it is inappropriate to presume that the Association will continue in business.
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The Treasurer is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Association and is also responsible for safeguarding the assets of the Association.
Signed .................................................... Signed .. ...................................... Deborah Cohen, Chair 2021/22 Robert Richman, Honorary Treasurer 2021/22 Date Date
For and on behalf of the Management Committee
Accounts Prepared by Robert Richman (Treasurer 2021/22)
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FRIENDS OF NEWBERRIES SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| NET SURPLUSES FROM EVENTS AND ACTIVITIES | NET SURPLUSES FROM EVENTS AND ACTIVITIES | NET SURPLUSES FROM EVENTS AND ACTIVITIES | |||||
|---|---|---|---|---|---|---|---|
| 2021-22 | 2020-21 | ||||||
| notes | Gross Income | Expenditure | Net Income | Gross Income | Expenditure | Net Income | |
| Sponsored Walk | 1,381.60 | 1,381.60 | |||||
| Mother’s Day | 495.00 | 148.31 | 346.69 | 678.06 | 235.84 | 442.22 | |
| Father’s Day | 540.00 | 540.00 | 385.00 | 180.00 | 205.00 | ||
| Phil the Bag | 300.00 | 300.00 | |||||
| Halloween Fundraising | 835.00 | 835.00 | 230.00 | 414.73 | 184.73 - |
||
| Santa Visits | 1,794.84 | 570.63 | 1,224.21 | ||||
| Xmas Parties & Hampers | 605.66 | 188.00 | 417.66 | ||||
| Christmas Cards | 486.70 | 200.00 | 286.70 | 1,166.67 | 768.59 | 398.08 | |
| Christmas Fair | 3,776.59 | 668.45 | 3,108.14 | - | |||
| Summer Fair | 3,747.23 | 501.00 | 3,246.23 | - | |||
| Virtual Balloon Race | 166.75 | 166.75 | - | ||||
| Valentine Bake | 265.00 | 265.00 | |||||
| Easter EggHunts | 69.00 | 69.00 | 399.00 | 446.35 | 47.35 - |
||
| Sushi Saturday | 936.55 | 936.55 | |||||
| TravellingTheatre | 900.00 | 714.00 | 186.00 | ||||
| Online Auction | 840.00 | 225.29 | 614.71 | ||||
| Textile Recycling | 600.00 | 600.00 | |||||
| Sponsorship/Advertising | 4,772.00 | 311.00 | 4,461.00 | 4,995.64 | 4,995.64 | ||
| Quiz Night | 1,003.00 | 196.00 | 807.00 | ||||
| Frozen Fridays | 281.00 | 281.00 | |||||
| Love Toys Day | 68.55 | 68.55 | |||||
| Sports Dayrefreshments | 128.00 | 128.00 | |||||
| Physical 50 | 1,572.00 | 1,572.00 | |||||
| 2ndHand Uniform | 460.00 | 460.00 | 159.00 | 159.00 | |||
| EasyFundraising | 139.58 | 139.58 | 53.92 | 53.92 | |||
| Fireworks | 6,687.80 | 6,687.80 | 240.00 | 240.00 - |
|||
| Wish List | 788.56 | 788.56 | |||||
| 26,617 | 2,025 | 24,592 | 15,091 | 3,983 | 11,108 | ||
| OTHER INCOME | |||||||
| Gifts & Covenants | 2,900.00 | ||||||
| adjustments frompaypal | 1,198.19 | ||||||
| standingorders | 1,510.00 | 390.00 | |||||
| total other income | 1,510.00 | 4,488.19 | |||||
| 26,102.00 | 15,595.70 | ||||||
| SUNDRY EXPENDITURE | |||||||
| Public LiabilityInsurance | - | ||||||
| Licenses/Subscriptions | 263.00 - |
190.40 - |
|||||
| PublishingMembership | - | ||||||
| Website | - | ||||||
| Office Equipment | - | ||||||
| Replacement Gazebo | 49.95 - |
||||||
| Yr6 Party/Xmas Lunch | 200.00 - |
213.40 - |
|||||
| TOTAL SUNDRY EXPENDITURE | 463.00 - |
453.75 - |
|||||
| TOTAL NET INCOME | 25,639.00 | 15,141.95 | |||||
| DONATIONS TO CHARITY | 1,017.00 - |
||||||
| DONATIONS TO SCHOOL | 8,300.00 - |
29,111.00 - |
|||||
| NET SURPLUS/(DEFICIT) FOR YEAR | 17,339.00 | 14,986.05 - |
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FRIENDS OF NEWBERRIES SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
----- Start of picture text -----
FUND BALANCE
2022 2021
Net Surplus/(Deficit) for Year 17,339 -14,986
Fund Balance Brought Forward 4,940 19,926
Fund Balance Carried Forward 22,279 4,940
Balance Sheet as at 31 August 2021
ASSETS
Fireworks Nov 20 Deposit 240 deposit rolled over
Cash at Bank 22,279 4940
Cash in hand 0 0
Building society 0 0
Debtors 0 0
Total Assets 22,279 5180
LIABILITIES
Creditors < 1 year 0 0
Accruals 0 0
NET ASSETS TOTAL 22,279 5,180
REPRESENTED BY
Unrestricted Reserves
General Purpose Fund 22,279 5,180
----- End of picture text -----
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FRIENDS OF NEWBERRIES SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
ACCOUNTING POLICIES
Basis of Preparation
Note 1. These Accounts have been prepared on a receipts and payments basis.
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Note 2. It is the Charity’s policy to ensure that at any point in time the reserves do not fall below a level which would adequately cover the cost of replacing, when required, the playbark underneath the school’s adventure playground. The amount of reserves currently considered necessary to meet this cost is £2,000. In addition, the Charity ensures that there are enough funds available to meet the expenditure required to run planned events in the current financial year.
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Note 3. Donations to school (£8,300)
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