RAKEGATE PRIMARY SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31J0812024 Rakegate Primary School trading as Rakegate Primary School Rakegate Close Wolverhampton West Midlands WV10 8US Prepared By: Cooper & Co. Certified Public Accountants Broad Court 57 Broad Street Bridglown Cannock WS11 ODA Rakegats Primary School FINANCIAL STATEMENTS FOR THE YEAR ENDED 3110812024 CONTENTS Page Accountants Report Approval Statement Income and Expenditure Account Income and Expenditure Account Schedules Balance Sheet Notes to the Balance Sheet 5t05 page 1 Rakegate Primary School FOR THE YEAR ENDED 3110812024 ACCOUNTANTS, REPORT We have examined the receipts and payments (or income and expenditure) statements with the books and vouchers relating thereto and have obtained all the infomiation and explanations that we have required. We certrfy that in our belief the receipts and payments statemenl gives a true and fair view of the transactions for the yeaf ended 31108r2024 and the balan￿ sheet at the date according to the best of our infomiation and explanation given to us and shown by the books of the fund. Cooper & Co. Certified Public Accountants Broad Court 57 Broad Slreet Bridgtown Cannock WS11 ODA 2211112024 page 2 Rakegats Primary School FOR THE YEAR ENDED 3110812024 APPROVAL STATEMENT The Chair of Govemors approves the financial statements on pages 1 to 6 attached and confirm that I have made available all relevant records and information for Iheir preparation. Rakegate Primary School Dated 2211112024 page 3 Rakegate Primary School INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 3110812024 2024 2023 Income 54,027 66,671 Deduct expenses Expenses and costs incurred. 45,985 66,776 (45,985) (66, 776) Net surplus l (deficit) for the year 8,042 (105) Note- The schedules on pages 5 to 5 provide breakdowns of the above figures. page 4 Rakegate Primary School INCOME AND EXPENDITURE ACCOUNT SCHEDULES FOR THE YEAR ENDED 3110812024 2024 2023 Income: Educalional trips Books and clubs School events Uniform sales, PE strips and bags Donations and charitable receipls Sales of equipment Dinner money and ASC Nursery receipts Mis￿lIaneOUS receipts 22,509 37 5,383 13,229 10.606 15.838 1.408 5,701 11,151 2.214 2,064 27,368 1,058 1,933 66,671 198 54,027 Expenses and Costs Incurred: Educational trips Books and clubs School events Nursery costs Unifomi payments, PE strips and bags Donations and charilable giving Purchases of equipment Dinner money and ASC Sundry and miscellaneous items 11,572 14.761 22 8,007 7,962 38 21,121 716 2,553 230 1,793 45,985 10,381 712 1,905 27.624 3,364 66, 776 page 5 Rakegate Primary School BALANCE SHEET AT 3110812024 2024 2023 Notes Current assets: Cash at bank 25.831 25,831 17.789 17.789 Current liablllties: Net current assets 25.831 25,831 17,789 17,789 Capital: At 0110912023 Nel surplus 17,789 8.042 17.894 25,831 17,894 Net deficit 105 105 17,789 25,831 page 6