## **Thirsk School Governors Fund** **Registered charity no. 1052971** **Financial statement for the year ended 31 March 2024** **Thirsk School Governors Fund** **Registered charity no. 1052971** **Financial statement for the year ended 31 March 2024** ## **Index to the accounts** |Trustees annual report
Receipts and payments account
Statement of assets and liabilities
Independent Examiners report|**Pages**| |---|---| ||1 - 2
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5| **Thirsk School Governors Fund** **Registered charity no. 1052971** **Trustees' Annual Report for the year ended 31 March 2024** ## **Reference and administration details** ## Charity's principal address Thirsk School and Sixth Form College, Topcliffe Road, Sowerby, Thirsk, YO7 1RZ ## Trustees during the year Mr N Horn (Chair) Mrs A Keane Mr G Baragwanath (Vice Chair) Mr S Anderson Mrs I Marwood Mr P Burkinshaw Mr A Wilson Mrs A Silver (resigned 24th February 2024) Mr O Pierce Williams Miss E Lambden (Headteacher) Mrs A Binks Mrs A Baxter ## Treasurer Mrs M Sykes (Bursar) ## Reporting Accountant The accounts are examined by Mr Ian Smithson, Independent Examiner ## Bankers Lloyds Bank plc, 39 Market Place, Thirsk, North Yorkshire, YO7 1HB ## Constitution of the Fund The Charity is constituted by Trust Deed, is unincorporated, and was registered with the Charity Commission on 27 September 1995 to take advantage of the allowances and taxation exemption afforded by registration. The Fund has been in existence for many years principally to separate, and keep quite distinct, the accounting process of the Local Authority's delegated budget and associated transactions from other school income, generated from incidental activities for fund-raising purposes and, up to the introduction of Consistent Finance Reporting, as a vehicle to administer pupil prepayments for trips and visits, and provide certain facilities and assistance to pupils. In addition other "Governors" private funds, as distinct from local authority delegated budget, such as pupil clubs and funds raised from the school charity activities are also included. ## Administration and Trustee selection The fund is administered by the School Governors who held office during the year, and are the Trustees. The day to day management is delegated to the school Bursar who reports to the Head Teacher. ## **Objectives and activities** ## Object of the fund The object of the fund is to advance the education of the pupils in the school by providing or assisting the provision of educational, recreational and other charitable facilities in augmentation of the such facilities financed by the Local Authority. Page 1 ## Activities undertaken to meet the objectives of the fund In planning the activities of the fund during the year the Trustees have had regard to Charities Commission guidance concerning public benefit. ## Achievements and performance During the year the School Fund met, either in full, or in part, the cost of trips for students who were unable to meet these costs themselves, and would therefore otherwise have been unable to have attended the trip. The fund also purchased resources for Music. In addition payments totalling £33,600 were paid over to assist with the refurbishment of sixth form facilities. ## **Financial review** ## Method of accounting The Charities Act 1993 (as amended by the Charities Act in 2011) and Statement of Recommended Practice (SORPS) recommends the formalising of account reporting and the attached accounts represent a format in accordance, as far as is practically possible, with those guidelines. The school has adopted the guidelines associated with accounting for the smaller charity on a receipts and payments basis. ## Results for the year The school fund is in a healthy situation with a balance at the year end of £33,554 (2023 - £82,049). Deposits and prepayments received for non-curricular trips/visits are not included as receipts and payments of the charity, as the school collects pupil prepayments for handing over to the service providers. It should be noted that Trustees have the discretion to allocate all or part of the unrestricted funds of £18,362 (2023 - £16,137) to augment the Local Authority budget. Any balance not so allocated will be considered by the Headteacher in the future for essential expenditure as necessary. The remaining fund balances of £15,192 (2023 - £65,912) are restricted in their use. Approved on behalf of the Trustees and signed on their behalf …………………………………………………………………………… ……………………. Mr N Horn Chair Date …………………………………………………………………………… ……………………. Mr G Baragwanath Vice Chair Date …………………………………………………………………………… ……………………. Mrs M Sykes School Bursar/Treasurer Date Page 2 **Thirsk School Governors Fund** **Registered charity no. 1052971** ## **Financial statement for the year ended 31 March 2024** ## **Receipts and payments account** **----- Start of picture text -----**
Unrestricted Restricted
Total funds Last year
funds funds
£ £ £ £
RECEIPTS
School charitable activities (fund raising) 2,160 15,613 17,773 18,074
Parent and student donations - 39,663 39,663 17,544
Non-curricular visits/trips - - - 42,140
Collections for other charities - 4,192 4,192 3,636
Interest on bank deposit account 8 - 8 7
Sale of bought in goods 57 13,051 13,108 19,220
2,225 72,519 74,744 100,621
PAYMENTS
School charitable activities - 85,412 85,412 40,914
Non-curricular visits/trips (net) - 19,004 19,004 -
Donations to other charities - 6,306 6,306 3,684
Cost of bought in goods - 12,517 12,517 15,302
Other payments - - - -
- 123,239 123,239 59,900
Net of receipts/(payments) 2,225 (50,720) (48,495) 40,721
Cash funds last year end 16,137 65,912 82,049 41,328
Cash funds this year end 18,362 15,192 33,554 82,049
**----- End of picture text -----**
Page 3 **Thirsk School Governors Fund** ## **Registered charity no. 1052971** ## **Financial statement for the year ended 31 March 2024** ## **Statement of assets and liabilities** **----- Start of picture text -----**
Unrestricted Restricted
Total funds Last year
funds funds
£ £ £ £
Cash funds
Bank balances 18,362 15,192 33,554 82,049
Total cash funds 18,362 15,192 33,554 82,049
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Page 4 **Thirsk School Governors Fund** **Registered charity no. 1052971** ## **Independent Examiners Report to the Trustees of Thirsk School Governors Fund** I report to the Trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31st March 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust, you are responsible for the preparation 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 Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention 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 attantion should be drawn in order to enable a proper understanding of the accounts to be reached. I C Smithson CPFA 3 Orchard Court NORTHALLERTON North Yorkshire DL7 8DQ 5th November 2024 Page 5