Tetherdown Prfmary School Parnnt Staff Assodatlon Annual Report forthe year ended 3tst August 2022 The assodation Fs a gIstered charlty, and its re8i5tered number Is 1054520. The charity is 8overned by a constltution andls an unlncorporatsd assoclation. The committee members who served during the year are as follows: Staff Representstlves: Tony Woodward {Head Tea¢herl Michelle Moss (School Business Manager) PaTrt Repre5entatlve5: Mla Jenklns IChaSrl Dan Schonfeld ITrea5urerl Laura Wllklnson (Secretary) Jesslca Feller Kate Schwarz Kelly Flltterman Stscy Feldman Emma Sapanl Gulsen Yanlk Lesley Grant Ollvla Berreen Danlelle Tamura Kate TovrS Reem Al-Ra5heed Lucy Kennedy Prlnclpal Office: Tetherdown Primary School Grand Avenue Muswell HS11 London. NIO 3BP [CL4SSIFICATION: CONFIDENTIALI
Independent Examiner. Jenny Hearn Bankers: Barclays Bank UK plc Tetherdown Prlmary School Parent Staff Assodatlon Annual Repwt forthe year ended 31st Augurt 2022 Obhcts and Pollcles The obJect of the associatlon is to advance the educatlon of the pupils in the school. The associatlon'5 policles include: Oeveloplng rn0 extended relaonShIpS between the stsff, parents and others assoclated wlth the school. En8aglng Sn actlvltles that support the school and advance the educatlon of 5ts puplls. Providing and a55iStin8 In the provlsion of such fac11les or Items for educatlon at the school (not provlded from ststutory funds) as the commlttee In consultstlon wlth the Governln8 Body shall from time to time determine. There have been no materlal chan8es In the assoclatlon's polkles slnce the last report. O•vek•pmenk A¢tlvMle5, and Athlevement Fundralslng actfvltles resumed followlng curtallment due to the COVID-19 pandemlc. Totsl fundraisin8 for the year was £74,094, and £61,098 after expenses. The laryest sources of revenue were donatlons totslllng £22,638 ènd the summer falr In July 2022 which contrlbuted a net surplus of £12.758. Flnandal posttlon The year*nd financlal p051tlon remalns stron& wlth £51,982 of funds In cash at 31 Au8USt 2022 In the PSA'S bank accounts. During thi5 year, the PSA contrlbuted £41,093 towards rIouS educatlonal and facllitles-related needs raised by the school. The PSA will continue to support the school with funds for the usual resources provided on an annual ba51s. whlch Include varlous learning resources, such as IT and books, a bursary for chIldn unable to afford school clubs, a budget for staff-related costs support and a trlps subsldy. The amount commltted by the PSA for such support is £8,5Crf) annuallv. fte$ponslbllliles of the commltt Charlty law requi5 the trustee5 to prepare financlal statements for each financlal year, which 8iVÈS a true and fair vlew of the stste of affèirs of the charity at the end of the year and of the surplus. or deficienry for that year. In preparing those financial ststements the trustees are required to selert Suitable accountinE policies and then apply them on a consistent basi5. making jud8ements and ICL4SSIFICATEON: CONFIDENllALI
estlmates that a prudent and reasonable. The members of the commlttee must also prepare the financial statements on the golng concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping accounting records which dlsclose with reasonable accuracy at any tlme the financlal position of the Charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees a also sponsible for safeguarding the assets of the chartty and hence for taking reasonable steps for the prevention and detsction of fraud and other irregulars. Slgned on behatf of the assoclation on June 24th, 2023. Jesslca Feller. Chalr Tetherdown Prfmary School Parent Stsff A550Ctatlon IDBA"The Frlerbds of Tetherdown") ICLASSIFICATION: CONFIDEIAL]
Tetherdown Primary School Parent Staff Association
Annual Report for the year ended 31 August 2022
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 August 2022.
Responsibilities and basis of report
As the charity's trustees, 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 all 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:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
…………………………………….
Jenny Hearn Chartered Accountant
54 Springcroft Avenue London N2 9JE
20 June 2023
Tetherdown Primary Parent and Staff Association Income and Expenditure Year ended 31 August 2022
| INCOMING RESOURCES Income from fundraising activities Bank Interest RESOURCES USED Fundraising/Community events Charitable Expenditure Net Movement in Funds for the Year Tetherdown Primary Parent and Staff Association Balance Sheet As at 31 August 2022 Current Assets Debtors Cash Creditors Net Assets Movement in Funds Net Assets at 1 September Removal of gift aid reclaim as balance sheet debtor Correction for realised debtors/creditors Movement in funds Net Assets at 31 August |
2022 2021 £ £ 74,094 42,802 1 30 |
|---|---|
| 74,095 42,832 |
|
| (12,996) (3,348) (41,093) (35,682) |
|
| (54,089) (39,030) |
|
| 20,006 3,802 |
|
| 2022 2021 £ £ - - 51,982 31,976 - - |
|
| 51,982 31,976 |
|
| 31,976 28,174 - - - - 20,006 3,802 |
|
| 51,982 31,976 |
Tetherdown Primary Parent and Staff Association Current Assets As at 31 August 2022
| Debtors Creditors Cash at Bank Cash at Hand Current Account Savings Account Donations Account |
2022 2021 £ £ - - - - - - |
|---|---|
| - - |
|
| 2022 2021 £ £ - - - - |
|
| - - |
|
| 2022 2021 £ £ - 103 39,314 26,845 1,008 1,007 11,660 4,021 |
|
| 51,982 31,976 |
Tetherdown Primary Parent and Staff Association
Income and Expenditure from Fundraising Activities Year Ended 31 August 2022
| Tetherdown Primary Parent and Staff Association Income and Expenditure from Fundraising Activities Year Ended 31 August 2022 |
|
|---|---|
| FUNDRAISING/COMMUNITY ACTIVITIES | INCOME COSTS NET INCOME COSTS NET 2022 2021 |
| Donations from parents Gift Aid Book Bags Silent Disco Christmas Cards Winter Fair Building Maintenance Fund Corporate Donations Amazon Smile Quiz Night Comedy Night LinkedIn Masterclass Cooking Classes FoT Website Virtual Balloon Race Summer Fair Lolly Fridays The Giving Machine Regulatory Open Evening Film Competition Second Hand PE Kit Sales Portrait Workshop Cocktail Evening Sports Day Summer fair delayed from prior year Halloween walk Auction Queen's Jubilee Choir Krispy Kream Readathon Xmas Trees 50/50 lottery Winter Raffle 2020 Tea Towels Miscellaneous TOTAL INCOME/COSTS FROM FUNDRAISING OTHER INCOME/EXPENDITURE Bank Interest School site services for events Repayment to school for event expenditure Gardening and Landscaping Ice lollies for end-year fringe festival Building Maintenance Fund Staff cost support Maths resources Humanities Curriculum Books (Readathon) School Trips Subsidies Books (general) ICT |
22,638 - 22,638 7,796 - 7,796 |
| - - - - - - |
|
| 719 - 719 361 - 361 |
|
| 1,405 - 1,405 2,002 (75) 1,927 |
|
| - - - 617 - 617 |
|
| 4,191 (680) 3,511 - - - |
|
| - - - 4,428 - 4,428 |
|
| 900 - 900 1,986 - 1,986 |
|
| 554 - 554 636 - 636 |
|
| 2,849 (412) 2,437 80 - 80 |
|
| 4,043 (1,780) 2,263 - - - |
|
| - - - 234 (50) 184 |
|
| - - - 479 - 479 |
|
| 128 (221) (93) 11,351 (195) 11,156 |
|
| - - - 395 - 395 |
|
| 15,969 (3,211) 12,758 2,513 (164) 2,349 |
|
| 919 (365) 554 - - - |
|
| 19 - 19 118 - 118 |
|
| - (128) (128) - (123) (123) |
|
| - - - - - - |
|
| - - - 5 - 5 |
|
| 285 - 285 181 - 181 |
|
| - - - 363 - 363 |
|
| - - - 490 (240) 250 |
|
| 181 (90) 91 - - - |
|
| 10,982 (3,825) 7,157 - - - |
|
| 873 (130) 743 - - - |
|
| 4,870 (71) 4,799 - - - |
|
| 642 (183) 459 - - - |
|
| 715 (690) 25 1,820 (1,110) 710 |
|
| 508 - 508 - - - |
|
| - (248) (248) 2,562 - 2,562 - - - 281 - 281 419 (722) (303) 2,384 (1,107) 1,277 - - - 1,538 (176) 1,362 - - - 74 - 74 285 (240) 45 108 (108) - |
|
| 74,094 (12,996) 61,098 42,802 (3,348) 39,454 |
|
| 1 - 1 30 - 30 - (1,468) (1,468) - - - - (342) (342) - (369) (369) - (2,550) (2,550) - (2,850) (2,850) - - - - (68) (68) - - - - (6,448) (6,448) - (1,500) (1,500) - (1,500) (1,500) - (800) (800) - (2,621) (2,621) - (2,520) (2,520) - - - - (2,760) (2,760) - (2,442) (2,442) - (1,000) (1,000) - (1,000) (1,000) - (1,000) (1,000) - (1,000) (1,000) - (14,361) (14,361) - (8,290) (8,290) |
|
| Outdoor learning New stage |
- (3,415) (3,415) - (1,805) (1,805) - (3,961) (3,961) - - - |
| Silent disco refund New bunting Art Materials (general) Musical instruments |
- (292) (292) - - - |
| - (124) (124) - - - |
|
| - - - - (963) (963) |
|
| - - - - (1,326) (1,326) |
|
| Standing commitments TOTAL OTHER INCOME/EXPENDITURE TOTAL INCOME/EXPENDITURE |
- (5,000) (5,000) - (5,000) (5,000) |
| 1 (41,093) (41,092) 30 (35,682) (35,652) |
|
| 74,095 (54,089) 20,006 42,832 (39,030) 3,802 |