Fbénds of
ROWAN
As%1)Li'ilii)11
THE FRIENDS OF ROWAN ASSOCIATION
Reglstered Charlty: 1058466
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2024

THE FRIENDS OF ROWAN ASSOCIATION
CONTENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Pages
Report of theTrustees
3to4
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
8t015

THE FRIENDS OF ROWAN ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees present their annual report together wlth the financial statements of The Friends of Rowan Association
I'the charity") for the year ended 31 August 2024. The financial statements have been prepared in accordance with the
accounting policies set out in note 2 to the accounts.
OBJECTIVESANDACTIVITIES
The object of the charity is to advance the education of the pupils at Rowan Preparatory School 1.the school" including
Rowan Hill and Rowan Brael by providing and assisting in the provision of facilities for education at the school and as
ancillary thereto and in furtherance of this object the charity may..
Foster more extended relationships between the staff and parents and others associated with the school; and
Engage in actlvities, which support the school and advance the education of the pupils attending It.
Events and artivities or8ani5ed during the year included fairs, Social events, second-hand unlform sales. refreshments at
the school's sports days, auctions and Christmas card sales. involving pupils, parents, school staff, and the wider
community. Funds from these activities were used to provide facilities at the school and also to support Young Minds,
Barnardo's and Shelter, the school'5 nominated charities during the year. The Trustees are very grateful for the generous
support of the parent volunteers who manage varlous aspects of the events and support the activities.
The Trustees confirm that they have had due regard to the Charity Commission's guldance on publlc benefit when
reviewlng the charity's aims and objectives and in planning artivities and priorities for the period.
ACHIEVEMENT AND PERFORMANCE
The charity had another successful year organising various events and actlvitles, 8eneratlng Income of £65.686 compared
to £49.934 the previous year. The costs incurred to perform these activities were £34,972 (2023 £19,052) resulting in a
net operatlonal surplus of £30,71412023 - £30.8821. The net operatlonal surplus, together wlth £14,771 of funds brought
forward from the prior period. provided £42,55012023 - £33,288) of facilities for the beneflt of the pupils at the school
and donations to other charltles of £2,93512023 - £1,661).
The facllities provlded at the school this year covered a wide range of items and experlences for pupils across different
departments, Including enhancing STEM learnln8 wlth the provision of four full, re-usable kit cars1£7,7001 for Rowan Hill
puplls to build and drive life-slze electrlc vehicles, together with twelve innovative and fun DASH robots1£2,142 plus £500
annual subscriptlon for ten years) to upgrade the Computin8 curriculum at Rowan Brae. Other funding projects during
the period included new high jump equipment (£1,905), an immersive visiting planetarium dome1£9001, school house
flags and pin badges for all pupils1£9001, water play resources for Early Years pupils1£7081. a mobile farm visit1£5001 and
reptlle experience1£5001 during Wellbein8 Week, an outdoor illustrated history timeline1£4141 and stop motion cameras
(£4001.
Following the transformation of the Spinney at Rowan Hill with a new, all-weather, artificial grass surface in Summer 2022
and the renovation of the Preschool and Nursery learnin8 and play space5 at Rowan Brae in Summer 2023, the outgoing
Committee was delighted that the charlty could co-fund another two large projects with the school during the current
period. These included the full rede5i8n and refurbishment of the libraries at both Rowan Hill and Rowan Brae1£17,4191.
creating inspiring spaces to build on the girls. love of reading. The charlty also co-funded the first phase of a Performing
Arts enhancement project, with a new projector and lar8e screen {£7,1301 to allow for the dramatic projection of scenery
during school productions.
FINANCIAL REVIEW
The charity had closing reserves of £35,047 at 31 August 20241£49.818 at 31 August 20231. This included designated
funds of £11,961 at the end of the current period12023- £Nil designated funds). The designated funds comprised £6.871
for new staging (the final phase of the Performing Arts enhancement project). £590 for a fitness workshop for all pupils
in September 2024, and £4,500 representing a contribution of £500 p.a. to the annual subscription for Rowan Brae's DASH
robots for the next nine years. The Trustees aim to hold sufficient funds to be able to organise the various fundraising
events, which incur expenditure up-front.
Page 3

THE FRIENDS OF ROWAN ASSOCIATION
REPORT OF THE TRUSTEES- CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Friends of Rowan Association is an unincorporated association and a registered charity (No. 10584661 whose
constitution is ruled by the governing document adopted on 7 February 1996 and as amended on 25 June 201S and 23
June 20161"Rules"l. A full copy of the Rules and Bylaws can be found on the charitvs website:
htt
www.row
re
school.co.uk
arents-information
friends-of-rowan. A resolution was passed at the Annual
General Meeting on 25 June 2024 to amend the Bylaws to reflect bank account, accounting records, and insurance
requirements for the charity.
All Committee members including Officers and Trustees shall hold office for the period of one year and shall retlre,
except for the Headmistress, at the Annual General Meeting following their election. The vacancles created shall be
filled at such Annual General Meeting but retirin8 members shall be eligible for re-election. Retiring Officers may not
hold thÈsame office for morÈthan threeyears, while there Is no restriction on retiring non-officercommittee members.
Anyone on the Committee {other than the Headmlstressl may at any time retire or be removed by a Resolutlon passed
by a three-quarter5 majority of those present at a duly convened meeting of the members.
The Committee of the charity shall consist of not less than two elected members and the Officer5 and Trustees. The
Committee may In addition co-opt not more than three persons as members ofthe Committee who shall serve until the
next Annual General Meetin8. Vacancies among the Committee may be filled by the Committee until the next Annual
General Meeting.
Membership of the charity is available to parents of children who are or have been pupi15, former pupils, and staff, or
forrner staff, of Rowan Preparatory School upon payment of the subscription. Any other person connected with the
school can become a member if approved by an ordinary resolution of the Committee.
REFERENCE AND ADMINISTRATIVE DETAILS
Charlty name
Re8lsterèd charlty number
Charlty's prlnclpal address
The Frlends of Rowan Associatlon
1058466
Rowan Preparatory School
6 Fitzalan Road
Claygate, Esher
Surrey, KTIO OLX
Offlcers and Trustees who manage the charity:
Mrs V Buss
Mrs A Brown
Mr5 R Brooks
Mrs J Whittaker
Mrs A Leighton-Davies
Mrs A Sanjeev
Mrs S Cheadle
Mrs F Milford
Mrs S RaJa
Chairman
Chairman
Vlce-chairman
Vice-chairman
Honorary Treasurer
Honorary Treasurer
Honorary Secretary
Honorary Secretary
Headmistress
Resigned - 2510612024
Appointed - 25/06/2024
Resigned - 2510612024
Appointed - 25/06/2024
Resi8ned - 2510612024
Appointed - 25106/2024
Resigned - 2510612024
Appointed - 25106/2024
From l January 2023
DECLARATIONS
The Trustees declare that they have approved the Trustees. report above.
Signed on behalf of the charity's Trustees:
Mrs Anuradha Brown- Chairman
June 2025
Pa8e 4

THE FRIENDS OF ROWAN ASSOCIATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE FRIENDS OF ROWAN
ASSOCIATION
I report to the trustees on my examlnatlon of the accounts of The Friends of Rowan Association 1.the charity") for the
year ended 31 August 2024 as set out on pages six to sixteen.
Responslblllties and bas15 of report
As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the
requirement5 of the Charities Act 20111.the Act").
I report in respect of my examination of the charitrfs accounts carried out UfKler section 145 of the Act and in carrying Out
my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of
the Act.
Independent examlnerfs statement
I have completed my examination. I conflrm that no material matters have come to my attentlon in connection with the
examination giving me cause to believe that, in any material respect:
accounting records were not kept in respect of the charity as requlred by section 130 of the Act,. or
the accounts do not accord with the accounting records,. or
the accounts do not comply with the applicable requirements concernlng the form and content of accounts set
out in the Charities {AccotJnts and Reports) Regulations 2008 other than any requirement that the account5 give
a 'true and fair vlew whlch Is not a matter considered as part of an independent examlnatlon.
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.
Signed:
James Brlmlow
FCA
The Grove
Monteith Close
Langton Green
Tunbrid8e Wells
Kent
TN3 OAD
25 J
une 2025
Page 5

THE FRIENDS OF ROWAN ASSOCIATION
STATEMENTOF FINANCIALAcfiviTIES
FOR THEYEARENDED 31 AUGUST 2024
Unrestricted
funds
Restrlcted
income
funds
Total
funds
Prior year
total funds
INCOMING RESOURCES
Income from:
Donations and legacies
Note 3
4,190
4,190
8,721
Other trading actlvltles
Note 3
56,451
3,874
60,325
40,767
Investments - b￿k Inter&t
1,171
1,171
446
Total
61,812
3,874
65,686
49,934
RESOURCES EXPENDED
Expenditure on:
Raising funds
Note 4
34,033
939
34.972
19,052
Charltable activities
Note 4
42,550
2,935
45,485
34,949
Total
76,583
3,874
80.457
54,001
NET INCOME/IEXPENDrruRE)
114,7711
114,7711
14,0671
NET MOVEMENT IN FUNDS
{14,7711
(14,7711
14.0671
RECONCILIATION OF FUNDS:
Total funds brought forward
49.818
49,818
53,885
TOTAL FUNDS CARRIED FORWARO
35,047
35,047
49,818
Page 6

THE FRIENDS OF ROWAN ASSOCIATION
BALANCESHEET AT 31 AUGUST 2024
Total funds
this year
31.08.2024
Total funds
last year
31.08.2023
CURRENT ASSETS
Debtors
Note 6
803
283
Cash at bank and In hand
34,244
49,552
TOTAL CURRENT ASSETS
35,047
49,835
LIABILITIES
Creditors - Amount5 fallin8 due within one year
Note 7
17
NET CURRENT ASSETS
35,047
49,818
TOTAL NET ASSET5
35.047
49,818
FUNDS OF THE CHARITY
Unrestricted funds
General funds
23,086
49,818
Desi8nated funds
Note 8
11,961
TOTAL FUNDS
35,047
49,818
Signed by two Trustees on behalf of all Trustees:
Si8nature
Date of approval
Mrs A Brown
Chairman
25106 Ja02S
Mrs A Sanjeev
Treasurer
as lol
oois
Page 7

THE FRIENDS OF ROWAN ASSOCIATION
NOTESTO THE ACCOUNTS
FOR THEYEARENDED31 AUGUST 2024
BASIS OF PREPARATION
These accounts and the previous accounts have been prepared under the historical cost convention with items
recognised at cost or transaction value unless otherwise stated in the relevant notelsl to these accounts. The
accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and
Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
In the UK and Republic of Ireland {FRS1021 and with the Charities Act 2011.
ACCOUNTING POLICIES
INCOME
Reco8nltlon of Income
Income 15 included in the Statement of Flnanclal Actlvities I"SoFA"I when the charlty becomes entltled to the
resources; it is more likely than not that the trustees will receive the resources; and the monetary value can be
measured with sufficient reliablllty.
Offsettlng
There has been no offsettin8 of assets and liabllitles, or income and expenses, unless required or permitted by the
FR5102 SORP.
Donatlons
Grants and donatlons are only included in the SOFA when the general income reco8nition criteria are met15. 10 to
5.12 FRS102 SORPI.
Income from Interest
Thi5 is included in the accotjnts when receSpt Is probable and the amount recelvable can be measured rellablv.
Bank interest is recognised on receipt into the charity's bank account.
Income from membershlp subscrlptlons
Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Parents of
pupils at the school are informed of the annual membership subscription amount and 8iven the option to opt-out
of membership each year.
Tax reclalms on donatlons and 8ffts
Gift Aid recelvable is included in income when there is a valid declaration from the donor.
Voluntary help
The value of any voluntary help received Is not Included in the accounts but Is descrlbed In the trustees, annual
report.
EXPENDITURE AND LIABILITIES
Expenditure Is accounted for on an accruals basis and has been classified under heading5 that a8gre8ate all costs
related to the cate80ry. Where costs cannot be directly attributed to particular headin8S, they have been shown
separately within each expense heading.
Llablllty recognltlon
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing
the charity to pay out resouros and the amount of the obligation can be measured with reasonable certainty.
Pa8e 8

THE FRIENDS OF ROWAN ASSOCIATION
NOTES TO THE ACCOUNTS- CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
Governance and support costs
Where clearly identifiable, support and governance costs are allocated directly to each fundraising activity. Support
and governance costs that are not directly related to an activity are not allocated but shown separately in Note 4.
Credltors and deferred Income
The charity has creiJitor5 which are measured at settlement amounts less any trade discounts. No item of deferred
income has been included in the current year accounts.
Provlslons for Ilabllltles
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of
the amount required to settle the obligation at the reportlng date.
2.3 ASSETS
Flxed Assets
The charity has no tanglble or intangible flxed assets, and no fixed asset investments.
Stocks and work-ln-progress
Stocks held for sale as part of non-charitable trade are measured at the lower of cost or net realisable value. Goods
or services provided as part of a charitable actlvity are measured at net realisable value based on the service
potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to
occur on the contrart.
Debtors
Debtors Ilncludin8 trade debtors and loans receivablel are measured on initlal recognition at settlement amount
after any trade discounts or amount advanced by the charlty. Subsequently, they are measured at the cash or other
consideration expected to be received.
Current asset Investments
The charity has cash on deposit with a maturity date of less than one year to meet short term cash commitments as
they fall due.
FUND ACCOUNTING
Unrestrlcted funds can be used in accordance with the charitable objectlves at the discretion of the Trustees.
Suggestions for funding projects at the school may be made by the school, the Committee or any parent member
by presentin8 their suggestion in writing to the Committee. On 25 June 2015, a Bylaw was adopted to require a
Cla55 Representative parent vote to approve proposals for funding facilities at school of more than £500. Designated
funds are a subset of unrestricted funds which have been earmarked for planned future expenditure for the charity's
purposes but have not been paid as at the year-end date.
Restricted ftjnds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes as specifically
identified in appeal literature. The charity did not have any restricted funds at the year-end12023 - £Nill.
Page 9

THE FRIENDS OF ROWAN ASSOCIATION
NOTES TO THE ACCOUNTS- CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
INCOME FROM:
Year to
31.08.24
Total
Yeor to
31.08.23
Totol
Unre5trirted
fvnds
Restricted
incomefunds
Donatlons and legacles
Membership subscriptions
Donations
Gift ald
2,310
io
803
2.310
io
803
2,430
2,523
45
Commisslon payments:
Savllls Esher
easyfundraSsln8
DE Photo Guildford {Sports Day 2024)
Amazonsmile
Surrey Flower Bee (Christmas wreaths)
- Nametags
easy2name
3,000
371
238
107
675
202
675
202
60
118
12
60
118
12
4,190
4.190
8,721
Yeor to
31.08.24
Totol
Yeor to
31.08.23
Totol
Unrestricted
Fund5
Restricted
incomefund5
Other tradlng actlvltles
Second-hand unlform sales
Movie Night (Rowan Hill)
Christmas Art Cards
Chrlstmas Fair
Valentine's Discos
Online Auction- Rowan prizes
Party with Live Band IParentsl
Summer Ball IParents}
Live Auction
Summer Fair
Sports Days Refreshments
Rowan Umbrellas
8,121
670
249
9,385
,121
670
498
9,385
2.587
5,771
249
694
8,735
3,768
1.601
6,983
2,587
24,199
1,038
10,687
2,053
49
24,199
2,076
10.687
2,053
49
1,038
11,169
2,046
56,451
3,874
60.325
40,767
Page 10

THE FRIENDS OF ROWAN ASSOCIATION
NOTES TO THE ACCOUNTS- CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
EXPENDrruRE ON:
Yeor to
31.08.24
Totol
Year to
31.08.23
rotol
Unrestricted
Funds
Re5trirted
incomefvnds
Ralslng Funds
Second-hand uniform sales
Movie Ni8ht (Rowan Hill)
Christmas Art Cards
Christmas Fair
Valentine'5 Discos
Online Auction Rowan prizes
Party with Live 8and IParentsl
Summer Ball (Parents}
Live Auction
Summer Falr
Sports Day5 Refreshments
Rowan Umbrellas
Prlor period event stock adjustment
General fundr3isin8 and governance costs unallocated:
Parentkind IUK PTA) membership inc. insurance
Small society lottery licence fee
Worldpay fee
New Rowan parents, coffee morning
General event promotion / recruitment:
MothÈrfs Day initiative (Rowan Brae)
Noticeboard (Rowan Brael
A frame (Rowan Hllll
297
330
33
4,181
297
330
33
4,181
840
344
57
3,357
1,536
6,602
21.880
99
5,989
1,175
40
{243)
21.880
198
5,989
1,175
40
1243}
99
5,198
1,277
153
20
153
20
140
40
23
51
79
79
70
211
146
34,033
939
34,972
19,052
Year to
31.08,24
Year to
31.08.23
Charltable actlvltles
Restrlrted Incomefvnds..
Young Mlnds
Barnardo's
Shelter, National Campaign for Homeless People
Stripey Stork
Brltish Heart Foundation
The Daisy Garland
Brltlsh Red Cross- Turkey Earthquake Appeal
1,747
939
249
347
341
486
486
2,935
1,661
During the period, the charity organised fundraising activities from which the monies raised were shared with other
charities in a set proportion, as specifsed at the outset in the communications for each fundraising activity (Note 81.
These included a Live Auction during the parents, Summer Ball in May 2024 from which half the monies raised were
donated to Barnardo's. together with Valentine's discos for Rowan Hill and Rowan Brae pupils from which all the
amounts raised were donated to Young Minds.
Page 11

THE FRIENDS OF ROWAN ASSOCIATION
NOTES TO THE ACCOUNTS- CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
EXPENDITURE ON Icontlnued):
Year to
31.08.24
Year to
31.08.23
Charltable activltles (continued)
Unrestrfrtedfvnds..
Rowan Preparatory School
Library refurbishment (Rowan Hill & Rowan 8rael
Performin8 Arts project {First instalmentl - Projector & Large screen.
Nursery & Preschool redevelopment project {Rowan Brael.
En8ineerin8 & Technolo8y- Prokits
3D printers & Laser cutter
Computin8 - OASH robots (Rowan Brae)
- Annual subscription for DASH robots (Rowan Brael
- Stop motion cameras
Sport- High jump equipment.
Science - Immersive visiting planetarium dome
Hatching chick eggs
Early Years IRowan Brael - Water play resources
Small wooden nesting house5
History - Outdoor illustrated timeline
School houses merchandise- House pin5, flags & good marks trophy
Wellbeing week - Mobile farm vlsit
Reptiles experience
Gazebo bean bags (Rowan Hllll
Art- Treehouse resources
Inclusion- Smart games
Wet play resources {Rowan Hllll
Playground equipment (Rowan Brael
Library resources
Author vislt5
VR headsets.
Spinney resurfacing artificial grass
17,419
7,130
15,000
7,71XI
2,379
2.142
500
400
1,905
9IXI
342
708
156
414
900
500
500
440
244
250
1,312
277
1,000
498
4,322
8.500
42,550
33,288
Projects co-funded by The Frlends of Rowan Assoclatlon and Rowan Preparatory School.
Prolect co-funded by The Frlends of Rowan Assoclatlon and The Surblton Hlgh School Parents, Association.
Total expendlture on charitable activities
45,485
34,949
The facillties provided at the school this year by the charity included a wide range of items and experiences across a
variety ofsubject areas. The Committee was particularly pleased to further support STEM learning with the addition
of 4 full, re-usable kit cars for Rowan Hill pupils to build and drive life-size electric vehicles, and 12 DASH robot5- an
innovative and fun upgrade to the Computin8 curriculum at Rowan Brae. The charity also funded the purchase of
house pin badges for all pupils based on winnin8 designs created by pupils.
As in the previous two years, the Committee was delighted to co-fund some large projects with the school too. This
included the full redesign and refurbishment of the libraries at both Rowan Hill and Rowan Brae, creating inspiring
spaces to build on the girls, love of reading- as well as the provision of new Performing Arts equipment to enhance
school productions with a new projector and large screen to allow for the dramatic projection of scenery.
Page 12

THE FRIENDS OF ROWAN ASSOCIATION
NOTES TO THE ACCOUNTS- CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
SURPLU5 ON FUNDRA151NG AcfiviTIES
Yeor to
31.08.24
Totol
Year to
31.08.23
Total
Unrestricted
Funds
Restricted
incomefund5
Second-hand uniform sales
Movie Night (Rowan Hill}
Christmas Art Cards
Christmas Fair
Valentine's Discos
Online Auction - Rowan prizes
Party with Live Band IParents}
Summer Ball {Parents1
Llve Auction
Summer Falr
Sports Days Refreshments
Rowan Umbrellas
Prior period event stock adjustment
General fundraisln8 and 8overnance costs unallocated
7,824
340
216
5,204
7,824
340
465
5,204
1,747
5,427
249
637
5,378
2,232
1,601
381
1,747
2,319
939
4,698
878
2,319
1,878
4,698
878
939
5,971
769
243
(2521
243
12521
16811
22,418
2,935
25,353
21,715
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
HMRC - gift aid receivable..
Gift aid claimed on membership subscriptlons for- 201812019
201912020
202012021
202112022
202212023
202312024
Gift aid claimed on donations received in 202212023
Photography commission (Sports Day 20231
45
41
74
163
215
218
92
238
283
803
CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Second-hand uniform parent commission
17
17
There was no deferred income in the current or prior period.
Page 13

THE FRIENDS OF ROWAN ASSOCIATION
NOTES TO THE ACCOUNTS- CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
CHARITY FUNDS
The restricted income funds in the period represented monies which the charity stipulated would be paid to other
charities from particular fundraising activities. The proportion to be paid to each charity was specifically identified
at the outset in communications for each fundraising activity.
Year ended 31 August 2024..
Fund name
Restrlctlons..
Amounts Stlpuloted to be pald
Fund
bolonce5
brought
fonvard
Income
Expendlture
Fund
balances
corried
forwt7rd
Restrlrted Incomefvnds
Shelter
50% of the commlsslon from
School Print World Chrlstmas
card sales
All amounts ralsed from
Valentine's Dlscos
50% of amount raised from Live
Auctlon at SummeT Ball
249
12491
Young Mlnd5
2,587
12.5871
Barnardo's
1.038
11,0381
3,874
61,812
65,686
13,8741
76,5831
80,4571
Otherfunds
Unrestrlrted
49.818
49,818
35,047
35,047
Yeor ended 31 August 2023..
Fund name
Re5trictlons.'
. Amounts stlpuloted to be Pold
Fund
balonce5
brought
fvrward
Income
Expendlture
Fund
bolances
corried
forward
Aestrlrted Incomefvnds
Strlpey Stork
Half of the commlsslon from
Cauliflower Cards Christmas
card sales
All amounts raised from 'Guess
the number of sweets in larf
(Sports Day 20231
25%ofamounts raised from
Online Aurtion- Rowan prizes
and related donations
25% of amounts raised from
Online Auctlon- Rowan prlies
and related donations
347
13471
Brltlsh Heart Foundatlon
341
13411
The Dalsy Garland
14861
8rltlsh Red Cross-Turkey
Earthquake Appeal
14861
1,661
48,273
49,934
11,6611
52,3401
154,0011
Otherfunds
Unrestricted
53,885
53,885
49,818
49,818
UNRESTRICTED FUNDS
2024
2023
Deslgnated funds..
Performing Arts project {Second instalmentl- Staging
Sports- Beyond Bounce Workshop Iseptember 2024)
DASH Robots (Rowan Brael- Annual £500 subscription for next 9 years
6,871
590
4,500
11,961
23.086
35,047
General funds
Total funds at end of reporting period
49,818
49,818
The charity had no restricted funds at the current year-end or prior year-end.
Page 14

THE FRIENDS OF ROWAN ASSOCIATION
NOTES TO THE ACCOUNTS- CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2024
TRANSAcfioNS WITH TRUSTEES AND REiATED PARTIES
TRUSTEES, REMUNERATION AND BENEFITS
The Trustees all give their time freely without bein8 paid any form of remuneration or receiving any other benefits
from an employment with the charity or a related entity {2023 - £Nill.
TRUSTEES, EXPENSES
Expenses paid to the Trustees in the period amounted to £2,051 {2023 - £3.1921. These expenses were made up
of 2 Trustees relmbursed for purchases made on behalf of the charity for fundraising activities. There were also
expenses of £58012023- £9551 paid to two non-trustee Committee members for the same purpose. Expenses are
reimbursed for actual costs on presentation of valid receipts and other documentation.
No other types of trustee expenses have been incurred.
TRANSAcfioNS WITH RELATED PARTIES
The school administers the collection of the charit¢s membership subscrlptions from school parents £2,31012023
£2,430) and transfers the total amount to the charity annually.
The charity reimbursed the school £40 during the period12023 - £Nill for the cost of branded school umbrellas
which the charlty sold at the Summer Fair in June 2024.
io.
EVENTS AFfER THE END OF THE REPORTING PERIOD
The tharity runs one second-hand uniform sale per term onsite at the school. All proceeds from the sales of
donated second-hand unlform go to The Frlends of Rowan Associatlon, with the exception of the sale of blazers
where 50% commission was paid to parents donatin8 a blazer.
On 13 September 2024, the new Commlttee announced that commission would no longer be p31d on the sale of
donated blazers. Parents continue to have acce55 to the online platform Uniformls for direct second-hand uniform
sales to each other.
Page 15