JOHN BETTS, PARENT TEACHER ASSOCIATION 2024 Charily No i if any} Annual accounts for the period 1047414 CC17a Period end clale Period start dale 0110912023 To 3110812024 Section A Statement of financial activities Restricted income funds Recommended categories by activity Delails of own analysis Unrestricted funds Endowment Total this tunds year Total last year Incoming resources (Note 31 Incomlng resourcés from generat•d funds Voluntary income F01 F02 F03 F04 F05 Fundraisin 21.984 21.984 10,767 4,614 Just ivin etc soi 690 690 Activities for generating Sale of items, elc S02 1.576 1,576 7,269 Investment income S03 Incoming resources from charitable activities S04 Other incoming resources Auctions S05 52.650 52,650 250 Total incoming resources sc6 Resources expended {Notes 4-8) 76.900 76,900 22,650 Costs of Generating Fund5 Costs of generab.ng voluntary inoorlle Fundraising trading costs 1.404 1.404 1.692 Investment manageFl￿nt Costs Charitable activities To School & charities S10 1.718 1,718 484 96,074 270 Governance costs S11 Other resourcgs expended S12 936 936 645 Total resources expended s13 Net incoming/(outgoing) resources before transfers s14 4,542 4.542 98.681 72,358 72,358 76,031 Gross transfers between funds S15 Net incomlng/(outgoing) resources before other recognised gains/(lossesJ S16 Other recognlsed gainslllosses) Gains and losses on revaluation of r￿ed assets for the charity's own use Gains and losses on inveslmenl assets 72,358 72,358 76,031 S17 S18 Net movement in funds s19 Total funds brought forward Total funds carried fonvard s21 72,358 6,423 72,358 6,423 76,031 82,454 S20 78,781 78,781 6,423 Section B Balance sheet Restricted incorne funds Unrestricted funds Endowment Total this funds year Totsl last year Fixed assets Tangible assets F01 F02 F03 FD4 F05 B01 B02 Investrnents Total fixed assets Current assets stock and work in progress Debtors (Short term) investments Cash at bank and in hand Total current assets 78,781 78,781 78,781 78,781 6,423 6.423 809 Creditors: amounts falling due within one year B10 Net current assets/{liabilities) 811 78,781 78,781 6,423 Total assets less current liabilities B12 6,423 Creditors: amounts falling due after one year B13 Provisions for liabilities and charges 814 Net assets B1S 78.781 78,781 6,423 Funds of the Charity Unrestricted funds 816 78.781 78,781 6,423 817 Restricted income funds B18 Endowment funds B19 Total funds B20 78,781 78.781 6,423 Signed by one or two trustees on behalf of all the trustees Date of roval Signature Print Narne David Osbome Section C Notes to the accounts Note 1 Basis of preparation This section should be completed by all charitles. 1.1 Basis of accounting These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with.. Accounting and Reporting by Charities- Statement of Recommended Practi￿ {SORP 2005); and with. Accounting Standards; Financial Reporting Standards for Smaller Enterprises (FRSSE). or and with the Charities ACL ' exce t for the followin -Tick as appropriate: if all relevant disclosures shoK8m in the pack have been givM then please tick"Accounting Standards.; if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick °Financial Reporting Standards for Smaller Enterwises (FRSSE).. ** - If no departures from the chosen standards have been made then delele these words: otherMse give details of any changes in the boxes. 1.2 Change in basis of accounting There has been no change to the accounting policies {vaEualion rules and methods of accounting) since last year (5 excepl for the following). S if no changes have been made to accountsng p￿￿eS then delete these ThYJrd& 1.3 Changes to previous accounts No changes have been made to accounts for previous years (55 except for the following). 55 if no change5 have been made to accounts for previous p￿S then delete these words. Section C Notes to the accounts {contl Note 2 Accounting policies Thls stsndardlist of accountlng poHcles has I￿en appWby the charltyexcept forthose deleted. Where a dlfferent or additionalpolicy has bwi adopted then (Its Is detalledln the ljox lth. INCOMING RESOURCES Recognition of incoming resources These OFe included in the StatwrEnt of Finanual Activ￿.?5 (SOFA) when.. the chariiy bec4rn entilled to ts wr￿. the trustees are virtually catsin ttwwill Tecebve Ihe resources: and the vaue can be measured wilh sufficient feliabil￿. Where incoming resour￿ have ￿lated expendilure las with fundraising or contract incomel Ihe incomlng resources and related expendikne aro r8POrted gross in the SOF Grants and dimations are only induded in the SoFAwhen the charity has unconditional Incoming regoiir¢es with relatèd expenditure Grdnts and donations Tax reclaim8 on donallons and glfts Contrdctual Income and perfomiance related grdnts Incoming resoure£s from ixx KedaiK4 aro rKkxled in the SOFA at the same tFme as the gift to which they rekte. This is onty incI￿￿ed in the SOFA once the telated WKIS orservicBs have been delivered. Glfts In klnd Gifts in kind are accounted forat a rea51xth estimate of Iheir value lo Ule charity or the amount aclualty ￿￿rEed. Gifts in kind for s* or dislnlxrtion aR ini*xled in the accounts as gifts only when sold or distributed by d)arity. Gifts in kÈnd for use by tre chty aye in(knled in Ihe SOFA as incoming resources when ceivabte. These are onty included in incoming resour￿5 (with an equivalent amount in resources expended) where thè benefrt to the tharity is reasonably quantifiable. measurable and material. The value pla(%d on these resources is the estimated value to the charity of the seNice or laulty ￿ceived. The value of any voluntary hety Tecei¥8d is not induded in the accounts bul 15 described in the Irustees, annual rep This is induded in Ihe accounts when r￿1Vab￿. Donat•d Sorwices and facililles Voluntsor help lTh¥estment income Investment galns and los¥es This inckts any gain or Ioss on the sale of irweslments and any gain or bss resulting from revaluing Investrne￿ to ffia￿et Val￿ at Ihe WKI of Ihe year. EXPENDITURE AND LIABILITIES Llabillty re¢ognltlon Liabilities are reCogn￿d as soon as the￿ is a18gal or Constructi￿ obtigation committing the charity to pay resource& Include costs ofthe prep¥iakn a￿1 examinalion ofstaiuw accounts. Ihe ¢o$ts of trustee meetings and cost of any W advice to on govemance or ¢onstitutional matters. Wh8re the thaiity gives a grant wilh c(XKlitions for its payment being a specific level of seNice or output to be provKled. such grants are only fwised in the SOFA once lh8 recipient of Ihe grant has provKled the se￿1￿ ￿ ￿Ut. These are only recogntsed in ￿ accounts when a I￿7mltrnent has been made and there a(e no conditK)ns to be met rel* to the grant which ranain in the control of the charity. SLtpport costs indude central functMYts IHve tEen allocaled to activity cost categories on a basis consistent￿th use of Yesour￿. eg alocating pmperty costs by floor areas. or per capita. staff costs by the time spent and other costs by their usage. Govemance costs Grants with perforn￿nCe conditions Grants payable without performance conditions Support Costs ASSETS Tangible fixed assèts for use These ara capitalised if Ihey can be used for more than one year. and ￿$t al least £500. They by charity are valued at cost or a reasonabte value on T￿lp1. Investmgnts Investrnents quoted on a reco3nfvsed stock ex¢hange are valued at market value at the year end. Other in¥eslment assets are induded at trustees, best estimate of market value. Stocks and work in progress These are valued at the low of cost or mathet value. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE Section C Notes to the accounts (cont) Note 3 Analysis of incoming resources Incoming resources may be further analysed if this would help the reader of the accounts. This year Last year Anatysis Voluntary income JustGiving Easy Fundraisin & Amazonsmile 148 197 4,053 561 Total 345 4,614 Activities for generating funds Fundraising events including year 5 & 6 efforts Uniform sales Plants. lea towels & other printed materials Wine boxes (Christmas) Ba 2School Christmas tree sales iscellaneous Auction 21,984 905 606 10,767 1.224 2.975 2,220 92 508 345 65 52,650 76,555 250 18,036 Totsl Investment income Totsl Incoming resource5 from charitable activities Total Section C Notes to the accounts {cont) Note 4 Analysis of resources expended Resources expended may be further analysed rf this would help the reader of the accounts. This year Last year Analysis Costs of generating voluntary income Website & other IT costs Miscellaneous costs 403 134 55 Total 403 189 Fundraising trading costs Wine Boxes 607 607 Total Investment management costs Totsl Charitable activities Staff ifts & events Donations to external charities Funds distributed to John Betts, School ment purchased & donated to John Betts, School 797 1,637 442 93,455 2,177 1,718 Totsl 2,515 97,711 Governance costs Professional fees & administrative ex Bank char es enses 484 533 270 511 Totsl 1,017 781 Section C Notes to the accounts (cont} Note 5 Support Costs Please complete this note rf the charity has analysed its expenses using activity categories and has support costs. Fundraising activity Charitable Activity Governance Activity Total Cost Support cost Total Note 6 Detsils of certain items of expenditure 6.1 Trustee expenses Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter 'None' in the appropriate box(es). This year Last year Number of trustees who were paid expenses None None Nature of the expenses Total amount paid 6.2 Fees for examination or audit of the accounts Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es). This year Last year Independent examinerfs or auditors. fees for reporting on the accounts Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor 150 150 330 330 Section C Notes to the accounts (cont) Note 7 Grantmaking Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken. 7.1 Total value of grants Grants to institutions Total amount £ Grants to individuals Total amount £ Purpose for which grants made John Betts, School - equipment I kit for pla round for children, etc ui ment purchased and donated to John Betts, School 1,718.00 93,455 2,177 Total 1,718 95,632 7.2 Grantmaking costs If the charity's accounts are prepared on the "activity basis" please give details of any support cost associated with grantmaking. Please enter "Nil" if the charity does not identify and/or allocate support costs. Support costs of grantmaking Nil 7.3 Grants made to institutions If the charity has made grants to particular institutions that are material in the context of its grantnpaking please give details of the institution supported. purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions su orted. Names of institutions Purpose Total amount of grants paid £ Total grants to institutions Section C Notes to the accounts {cont) Note 8 Transactions with related parties If the chan.ty has any transactions with relatedparties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter "None" in the relevant boxes. 8.1 Remuneration and benefits Please give the amount of. and legal authorlty for. any remuneration or other beneflts paid to a trustee or other related parties by the charity or any institution or company connected with it. Name of tru8tee or connected party Legal authority leg order, gov•rning document) Amounts paid or benefit value This year Last year None None None None 8.2 Loans Pleas• glvo d•tall$ of and amounts owlng to or from the charitys trustees or other rnlatedpartles by the charltyat the year end. Nama of trustee or connectsd party Amount owlng Thls year Last year Logal authorlty Due to trustee8 and ielatsd parties Due from trustees and relatsd parties 8.3 Other transaction{s) with trustees or related parties Please glve details of any transaclion undertaken by (or on behaff ofj the charity in which a trustee or related party has a material interesL Name of the trustee or related party Relationship to charity Description of the transaction(s) This year Last year Section C Notes to the accounts (cont) Note 9 Additional Disclosures The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheeL None 10 INDEPENDEiirr EXAMINERS REPORT ON THE FINANCIAL STATEMENT OF JOHN BETfs PARENT TEACHER ASSOCIATION FOR THE ACADEMIC YEAR ENDING 31 AUGUST 2024 I have examied the financial statements for the academic year ending 31 August 2024 of John Betts, Parent Teacher Association and the underfying accounting and financial records. I have obtained the information and explanations I consider necessary to complete the steatement below: Basls of Independent examlnerfs ststsment My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept and a (xjmparison of the financial statement presentsd with those records. It also ind￿leS consideralion of any unusual items or disdosures in the statement, and seeking explanation5 from those responsible conceming any such matters. The procedures undertaken do not provide all the eviden￿ that vmuld be requited in an audit and consequently no opinion is given as to wheteher the statement presents a and fair view and the report is limited to those matters set out in the statement bebw. Independent examlnerfs statement In conneciion with my examination. no matter has cm to my attenlion: (i) which gives me reasonable G4use to bdieve that in any material reSP￿t the requirements: - to keep proper accounting records in acconlance with the Charities Act guidance - to prepare accounts vthich accord with the accountlng records and to comply with trie accounting requirements of the Charities Act have not been met., or (li) to which. in my opinion. attention should be drawn in order to enable a proper understanding of the statement to be reached. have not identified any significant concems regarding these accounts whith remain either unresolved or undeclared in the accounts theM￿lVeS or this report. In accordance with the foregoing the financial statements provide a good understanding of the financial transactions and actiVi￿S within the Sch￿1 Fund. Examiners signature... ..Date....l. A.p.nl ?Oz Prof. Naresh Sethi, Chartered Certified Accountant My Tax Mate Ltd, 62 A Pembridge Villas, London Wll 3ET