Tetherdown Primary School Parent Staff Assoclatlon
Annual Report for the year ended 3tst Au8u¥(2024
The association is a registered charity. and its registered number is 1054520. The charity is governed
by a constitution and is an unincorporated association.
The committee members who served during the year are as follows:
Parent Representatives:
Jenny Roberts (Chair)
Barbara Keith (Co-chair)
Ashley Cunnington (Treasurer)
Kate Schwarz (Secretary)
Emma Sapani
Lesley Grant
Kathryn West
Jonathan Miller
Aine Donovan
Principal Office:
Tetherdown Primary School
Grand Avenue
Muswell Hill
London, NIO 3BP
Independent Examiner:
Jenny Hearn
Bankers:
Barclays Bank UK plc
Tetherdown Prfmary School Parent Staff Association
Annual Report for the year ended 31st August 2024
Objects and Policies
The object of the association is to advance the education of the pupils in the school.
The association's policies include-
Developing more extended relationships between the staff, parents and others associated
with the school.
Engaging in activities that support the school and advance the education of its pupils.
Providing and assisting in the provision of such facilities or items for education at the school
{not provided from statutory funds) as the committee in consultation with the school shall
from time to time detem)ine.
At its AGM on 4 October 2023 the Association adopted a set of changes to its Constitution to
enhance its operdtions and governance. These were notified to the Charity Commission in line with
legal requirements.
Development. Activities, and Achlevement
The PSA undertook a full programme of fundraising and community activities, including
family/community events {Summer and Winter Fairs), events for adults lQuiz Night, Comedy Night,
Bingo), and events for children (Magic Show, Silent Disco, Mathsathon}. In addition, the PSA
undertook smaller events to support the community le.g. Lolly Friday).
Alongside event activities the PSA received donations from parents and businesses via a variety of
sources (direct debits. one-off donations. matched donations/payroll giving etc).
Total fundraising for the year was £73,266. and £62,71J] after expenses. The largest sources of
revenue were donations from parents totalling £17,170, the Summer Fair at £14,871, Corporate
donations at £8,771, and Winter Fair at £7.465.
Financlal position
The year-end financial position remains strong, with £76,969 of funds in cash at 31 August 2024 in
the PSA'S bank accounts and cash reserve. During this year, the PSA contributed £47,633 towards
various educational and facilities-related needs raised by the school.
The PSA will continue to support the school wtth funds for the usual resources provided on an annual
basis, which include various learning resources, such as IT and books, a bursary for children unable to
afford school clubs, a budget for staff-related costs support, and a trips subsidy. The amount
committed by the PSA for such support is £8,5) annually.
Responsibilitles of the commfttee
Charity law requires the trustees to prepare financial statements for each financial year, which gives
true and frdir view of the state of affairs of the charity at the end of the year and of the surplus, or
deficiency for that year. In preparing those financial ststements the trustees are required to select
suitable accounting policies and then apply them on a consistent basis, making judgements and
estimates that are prudent and reasonable. The members of the committee must also prepare the
financial statements on the going concem basis unless it is inappropriate to presume that the charity
will continue in business. The Trustees are responsible for keeping accounting records which disclose
with reasonable accuracy at any time the financial position of the charity and which enable them to
ensure that the financial statements comply with the Charities Act 2011. The trustees are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps ft)r the
prevention and detection of fraud and other irregularities.
Signed on behalf of the association on June 14 . 2025.
Jenny Roberts. Chair
Tetherdown Primary School Parent Staff Association
IDBA Yhe Friends of Tetherdown-)
|**Tetherdown Primary School Parent and Staff Association**|**Tetherdown Primary School Parent and Staff Association**||
|---|---|---|
|**Income and Expenditure**|||
|**Year ended 31 August 2024**|||
||**2024**|**2023**|
|**INCOMING RESOURCES**|**£**|**£**|
|**Income from fundraising activities**|73,266|72,050|
|**Bank Interest**|661|88|
||73,927|72,138|
|**RESOURCES USED**|||
|**Fundraising/Community events**|(10,566)|(15,595)|
|**Charitable Expenditure**|(48,658)|(46,259)|
||(59,224)|(61,854)|
||||
|**Net Movement in Funds for the Year**|**14,703**|**10,284**|
|**Tetherdown Primary School Parent and Staff Association**|**Tetherdown Primary School Parent and Staff Association**||
|---|---|---|
|**Balance Sheet**|||
|**As at 31 August 2024**|||
||**2024**|**2023**|
||**£**|**£**|
|**Current Assets**|||
|Debtors|-|-|
|Cash|76,969|62,266|
|Creditors|-|-|
|**Net Assets**|76,969|62,266|
|**Movement in Funds**|||
|Net Assets at 1 September|62,266|51,982|
|Movement in funds|14,703|10,284|
|**Net Assets at 31 August**|**76,969**|**62,266**|
## **Tetherdown Primary School Parent and Staff Association Current Assets As at 31 August 2024**
|**Debtors**
**Creditors**
**Cash at Bank**
Cash at Hand
Current Account
Savings Account
Donations Account|**2024**
**2023**
**£**
**£**
-
-
-
-
-
-|
|---|---|
||**-**
**-**|
||**2024**
**2023**
**£**
**£**
-
-
-
-|
||**-**
**-**|
||**2024**
**2023**
**£**
**£**
25
94
7,850
5,908
20,187
25,012
48,907
31,252|
||**76,969**
**62,266**|
## **Tetherdown Primary Parent and Staff Association**
**Income and Expenditure from Fundraising Activities Year Ended 31 August 2024**
|**Tetherdown Primary Parent and Staff Association**
**Income and Expenditure from Fundraising Activities**
**Year Ended 31 August 2024**||
|---|---|
|**FUNDRAISING/COMMUNITY ACTIVITIES**|**INCOME COSTS**
**NET**
**INCOME**
**COSTS**
**NET**
**£**
**£**
**£**
**£**
**£**
**£**
**2023**
**2024**|
|Donations from parents
Corporate Donations
Amazon Smile
The Giving Machine
Book Bags
Second Hand PE Kit Sales
Quiz Night
Winter Fair
Magic Show
Bingo Night
Marathon Month
Comedy Night
Auction
Silent Disco
Coronation
Summer Concert
Summer Fair
Lolly Fridays
New Parents' Evening
Mathsathon
Film competition
Y6 Production
**TOTAL INCOME/COSTS FROM FUNDRAISING**
**OTHER INCOME/EXPENDITURE**
Bank Interest
Regulatory
FoT Website
Miscellaneous expenditure|17,170
-
17,170
19,409
-
19,409|
||8,771
-
8,771
1,578
-
1,578|
||-
-
-
585
-
585|
||-
-
-
17
-
17|
||153
-
153
134
(2,875)
(2,741)|
||205
-
205
172
-
172|
||4,844
(1,139)
3,705
4,924
(1,160)
3,764|
||7,465
(1,676)
5,789
9,270
(1,121)
8,149|
||3,550
(890)
2,660
5,506
(1,649)
3,857|
||3,270
(1,227)
2,043
2,736
(1,517)
1,219|
||500
-
500
206
-
206|
||2,705
(1,916)
789
3,601
(1,721)
1,880|
||4,948
-
4,948
4,722
-
4,722|
||2,324
(350)
1,974
2,576
(346)
2,230|
||-
-
-
741
(117)
624|
||131
(110)
21
420
(157)
263|
||14,871
(3,064)
11,807
14,905
(4,879)
10,026|
||322
-
322
231
(53)
178|
||305
-
305
317
-
317|
||880
(147)
733
-
-
-|
||112
-
112
-
-
-|
||740
(47)
693
-
-
-|
||**73,266 (10,566)**
**62,700**
**72,050**
**(15,595)**
**56,455**|
|||
||**INCOME COSTS**
**NET**
**INCOME**
**COSTS**
**NET**|
||**£**
**£**
**£**
**£**
**£**
**£**|
||661
-
661
88
-
88|
||-
(153)
(153)
-
(140)
(140)|
||-
(241)
(241)
-
(234)
(234)|
||-
(630)
(630)
-
(296)
(296)|
|Standing commitments|-
(5,000)
(5,000)
-
(5,000)
(5,000)|
|Staff cost support
Books (general)
School Trips Subsidies
Gardening and Landscaping
Arts Curriculum
Development of phonics & reading
Development of outdoor learning phase 1
Support for playground equipment
Development of outdoor learning Phase 3
Small Wins
Keep The Lights On Fund
Zones of Regulation tools
Music Equipment Y3 and Y4
Outdoor Play & Learning (OPAL)|-
(1,500)
(1,500)
-
(1,500)
(1,500)|
||-
(1,000)
(1,000)
-
(1,000)
(1,000)|
||-
(1,000)
(1,000)
-
(1,000)
(1,000)|
||-
(2,550)
(2,550)
-
(5,650)
(5,650)|
||-
-
-
-
(3,000)
(3,000)|
||-
-
-
-
(5,787)
(5,787)|
||-
-
-
-
(19,076)
(19,076)|
||-
-
-
-
(264)
(264)|
||-
-
-
-
(2,000)
(2,000)|
||-
(1,002)
(1,002)
-
(1,312)
(1,312)|
||-
(480)
(480)
-
-
-|
||-
(490)
(490)
-
-
-|
||-
(1,550)
(1,550)
-
-
-|
||-
(1,000)
(1,000)
-
-
-|
|STEAM resources
Sound and lighting system
Removal of dangerous tree|-
(4,000)
(4,000)
-
-
-
- (22,314) (22,314)
-
-
-
-
(540)
(540)|
|Expanding the music offer in school
Renewal of safety surface in upper playground|-
(1,872)
(1,872)
-
-
-|
||-
(3,336)
(3,336)
-
-
-|
|**TOTAL OTHER INCOME/EXPENDITURE**
**TOTAL INCOME/EXPENDITURE**|**661 (48,658) (47,997)**
**88**
**(46,259)**
**(46,171)**|
|||
||**73,927 (59,224)**
**14,703**
**72,138**
**(61,854)**
**10,284**|
## **Tetherdown Primary School Parent Staff Association**
## **Annual Report for the year ended 31 August 2024**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 August 2024.
## **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
- the accounts did not accord with the accounting records; or
- 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
16 June 2025