Annual Report 2024 – Grange Park Primary School Associaton ## ADMINISTRATIVE INFORMATION Grange Park Primary School Association (GPPSA) is a registered charity, (Number 1058634) and is governed by its constitution date 24 September 1997 (amended by a Special General Meeting). The registered address and correspondence address is: c/o Grange Park Primary School, World’s End Lane, London N21 1PP. All correspondence should be directed to an appropriate officer at this address. The association banks with NatWest Bank, Wood Green, N22 6DS ## CORE COMMITTEE MEMBERS – 2023-2024: Joint Chair: Alexia Edwards Joint Chair: Sarah Revell Treasurers: Penny Rooke Secretary: Carrie Samuels Class Rep Co-Ordinator: Leah Hawkes-Petrou Sponsor & Donations Co-Ordinators: Vacant Main Events Co-Ordinator: Cheryl Eaves Social Secretary: Vacant Communications: Maggie Evangelou School Link: Tracy Murray STRUCTURE, GOVERNANCE AND MANAGEMENT An invitation is issued to all parents (at least 21 days in advance) to attend an AGM of the association in October or November of each year. The invitation will explain the purpose of the AGM, which is to elect or ratify the re-election of the core committee to the GPPSA. Nominations for each position are provided before and during the AGM. At the AGM, the attendees debate each position and nominee, voting is held, and the nominee is duly elected to the committee. ## OBJECTIVES AND ACTIVITIES The association was founded to advance the education of the pupils at Grange Park Primary School by providing and assisting in the provision of facilities for the education at the school not normally provided by the LEA. To this end, the association has arranged various fund-raising events and activities, which have enabled these objectives to be carried out. Since 1997, the association has continued to support the school by supplying equipment and/or services such as computers, sun-screens, cooling fans, outdoor play equipment, drinking bottles, reading materials, outdoor shelters, benches, kitchen equipment etc. The association will provide such equipment and/or support after appropriate consultation and after obtaining agreement with school management. ## REVIEW OF THE YEAR 2023-24 During the financial year 2023-24, and after consultation with the school management, the committee has authorised and donated to the school – |Chicken Feed & Cover|£500.00| |---|---| |Playground Equipment & Resources|£11,801.13| |PA System|£8,447.00| |Xmas Presents|£454.91| |Nursery& Playground Resources|£10,500.00| |TOTAL|£31,703.04| There were changes to the committee this year with resignations from Alev Killi as Secretary, Sebastian Bell as Sponsonr co-ordinator and Angela Rawtenstone as Communications co-ordinator. All other committee members remained the same. During the year, we have raised money from social events (e.g. Christmas Fayre, Summer Fayre, Cake Sales and Uniform Sales). We would like to thank local businesses who have made donations to the association. We would also like to take this opportunity to thank all parents, carers, staff and pupils who have worked hard to make each event successful and enjoyable. Last, but not least, thank you to everyone who has supported us by attending our events and the generosity you have all shown. ## FINANCIAL REVIEW OF THE YEAR 2023-24 The Treasurer has prepared the 2023-24 accounts based on detailed documentation provided to her. The association showed a deficit of £9,598 (2022-23 surplus of £9,123 ) from the fund-raising activities and social events during the year. The deficit this year derived from an planned increase in the donations made to the school. Net takings from fund-raising - £22,105 (2022-23 - £27,039). Although fundraising amounts have remained consistent, there has been a marked increase in costs due to inflation, resulting in a lower net income than previous years. The bank balance at the year end was £16,901 (2022-23 £26,499) Costs have been extremely well managed. Each event during the year generated an excess of income over cost. Internal controls for cost control have been reviewed, and are considered to be appropriate. ## RESERVES POLICY We have no reserves policy in place. THIS REPORT WAS APPROVED BY THE COMMITTEE FOR THE ASSOCIATION ON ______________________________ AND IS SIGNED ON ITS BEHALF Penny Rooke – Treasurer of the GPPSA **GRANGE PARK PRIMARY SCHOOL ASSOCIATION (Reg. No. 1058634)** **c/o Grange Park Primary School, Worlds End Lane, London N21 1PP** ## **REPORT OF THE COMMITTEE AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31st JULY 2024** ## **1 Statement of Income and Expenditure and Balance Sheet** **2 Notes to the accounts** **3 Summary of Bank Account** ## **GRANGE PARK PRIMARY SCHOOL ASSOCIATION FOR THE YEAR ENDED 31st JULY 2024** ## **Statement of Income and Expenditure** |**Notes**
**Income**
**Total income**
**Expenses**
**Total Expense**
**Surplus/(defecit)**
Fund raising
1
Fundraising
1
Donations
2|**2024**
**£**
**£**
34,964
34,964
(12,859)
(31,703)
(44,562)
(9,598)|**2023**
**£**
**£**
35,853
35,853
(8,814)
(17,916)
(26,730)
9,123|**2023**
**£**
**£**
35,853
35,853
(8,814)
(17,916)
(26,730)
9,123| |---|---|---|---| ||||| ||||9,123| ## **GRANGE PARK PRIMARY SCHOOL ASSOCIATION FOR THE YEAR ENDED 31st JULY 2024** |**Balance Sheet**
**2024**
**2023**
**£**
**£**
**£**
**£**
**17,748**
**27,346**
**Less liabilities**
**17,748**
**27,346**
**17,748**
**27,346**
Bank Balance
16,901
26,499
Petty Cash
847
847
Receivables
-
-
Stock/Inventory
-
-
-
-
Opening Balance
27,346
18,223
Surplus/(defecit)
(9,598)
9,123
Closing Balance
Signed for and on behalf of the Trustees|**Balance Sheet**
**2024**
**2023**
**£**
**£**
**£**
**£**
**17,748**
**27,346**
**Less liabilities**
**17,748**
**27,346**
**17,748**
**27,346**
Bank Balance
16,901
26,499
Petty Cash
847
847
Receivables
-
-
Stock/Inventory
-
-
-
-
Opening Balance
27,346
18,223
Surplus/(defecit)
(9,598)
9,123
Closing Balance
Signed for and on behalf of the Trustees|**Balance Sheet**
**2024**
**2023**
**£**
**£**
**£**
**£**
**17,748**
**27,346**
**Less liabilities**
**17,748**
**27,346**
**17,748**
**27,346**
Bank Balance
16,901
26,499
Petty Cash
847
847
Receivables
-
-
Stock/Inventory
-
-
-
-
Opening Balance
27,346
18,223
Surplus/(defecit)
(9,598)
9,123
Closing Balance
Signed for and on behalf of the Trustees| |---|---|---| ||**17,748**
**17,748**
**17,748**
-
27,346
(9,598)|**27,346**| |||-| |||**27,346**| |||18,223
9,123| |||**27,346**| |||| Chair Treasurer ## **GRANGE PARK PRIMARY SCHOOL ASSOCIATION FOR THE YEAR ENDED 31st JULY 2024** Notes to the accounts |**Fund raising**
**Donations to school**
1
Christmas Fayre
Summer Fayre
Other events
Others
2|**2023-24**
Income
9,995
3,423
16,134
6,164
8,835
3,272
-
-
Expense|**22,105**
**(31,703)**
Profit
6,572
9,970
5,563
-
|**2022-23**
Income
13,112
2,706
14,549
4,471
8,192
1,637
-
-
Expense|Profit
10,406
10,078
6,555
-
| |---|---|---|---|---| ||**34,964**
**12,859**||**35,853**
**8,814**|**27,039**| |||||| |||||**(17,916)**| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of GRANGE PARK PRIMARY SCHOOL ASSOCIATION On accounts for the year ended 31 July 2023 Charity no (if any) 1058634 Set out on pages (re￿￿1￿￿e{ lo iiip.l(i(le li)e i),')(JL& i)111))boJr.: I report to the trustees on my examination of the accounts of the above charity (°the Trust") for the year ended 3110712022. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') 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 Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackels if they do not apply. Signed. Date: 23 September 2024 Name: John Hon Relevant professional qualification{s) or body (if any): Address: East Wing, Goffs Oak House, Goffs Lane, Goffs Oak. EN7 5GE IER October 2018 Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018