OWEN'S SCHOOL ASSOCIATION THE OWEN'S SCHOOL ASSOCIATION 51" AGM: Monday 3 March 2025 MINUTES Attendees Alan Williams, Anthony Osijo, Eleanor Walton, Geoff Mellenfield, Hannah Nemko, Mbalu Koroma, Nadine Mellor, Patricia Doyle, Peter Gibbs. Rachael Mitchell. Sheena Patel. Simi Shah, Simon Fennell, Tony Sodhi, Walter Buchgraber Introdurtions and Apologies New members introduced: Peter Gibbs Apologies- Alex Gilbert, Jig Taylor, Lavita Menezes Approval of the minutes of the 50 AGM held on Wednesday 15 April 2024 Proposed as accurate by Alan and seconded by Tony. Matters Arising from the minutes None. The President's Report by Mrs H Nemko (Head) See attached Presidenvs report. Adopted by Walter and all in favour. The Treasurerfs Report Anthony explained that the OSA has raised £50,512 in 2024 from a variety of events. This was an increase of over 50Yo on the previous year, and as it was the school's 50 anniversary lin Potters Barl, £50,000 was earmarked for donation to the school in 2025. This has been a record year in terms of funds raised and ref lects on a fantastic effort from all members of the OSA led by our co-chairs Mbalu and Tricia. See attached treasurerfs report and draft accounts for details. The Chairfs Report See attached Chairfs report. Adopted by Walter and all in favour.
Election of Committee Members for 2025 The following 18 people were elected as Committee Members: Alan Williams. Anthony Osijo, Eleanor Walton. Jig Taylor. Maria Leahy, Mbalu Koroma. Nadine Mellor, Patricia Doyle, Paula Christodoulou. Peter Gibbs. Rachael Mitchell, Sheena Patel, Simi Shah. Simon Fennell, Tony Sodhi, Walter Buchgraber {Hannah Nemko and Vicki Blackburn are also committee members but ex-officio) The trustees will be elected at the subsequent committee meeting. Appointment of Independent Examiner for accounts The appointment of Gouri Kupir as Independent Examiner (auditor) of the OSA accounts was proposed by Anthony and seconded by Walter.
Presidenl's report for the OSA AGM March 2025 School continues to be o very busy place to work with o record number of opportunities for our young people being on offer from trip5 and visits to places neor ond for. to competitions ranging from public speaking, to computing, math5 to music vio any number of 5POrting options in belween. We also received news that we hod been named 'Sunday fimes Comprehensive School of Ihe Year in the South Easl, in December. When the table5 were published. we were able to see that we were, in fact, the top performing school, with a fully comprehensive intake and ranked at position 112 in the national table which considered all Independent. Selective and other Stote Secondary schools. Acodemically, our students still continue to achieve magnificently. The GCSE results were exceptional with 33.6Yts of all GCSE grades awarded at grade 9 and a further 23.4% al grade 8. 17.310 of exams were graded 7 meaning that 74.2% of all grades were 9-7 which is quite remarkable. 94% of all grades awarded were 9- At A level, 104 students ochieved 3 or more AIA" grodes. 63.310 of all grades achieved were A'A, with 29.470 of all exams graded A. ond 3410 groded A. 23.7fo of grades were awarded at a grode B resulting in 877. A'_B, which is truly excellent. 25 students were offered places ot Oxbridge this year with 16 students accepting places on o medical degree or dentistry. 9010 of students immediately ochieved the grodes needed to occept their university offer with a total of 222 students accepting o universlty place. Whilst o great deal of this success is down to the hard work and dedication of our young people themselves as well os the peer group and families that support them. we cannot ignore the importance of ensuring that the learning environment is as well resourced ond welcoming as it could be and that we have the very best teachers to encourage ond inspire them. We have overhauled our recruitment process making greater use of social media and moving to an online application form as well as designing a more modern looking application pack. We even have a recruitment video where staff exploin why they love working ot Owen's. We are constantly inviting colleagues from other schools to visit and see what we do here in the hope that the good word about our school travels. However, the Government's Education Committee's re ort states that torgets for recruitment onto initiol teacher troining courses were missed logainl in 10 subjects in 2022123. Among the lowest recruitment levels were- business Studies116f.I, physics117.3Y.I, music127.3%.1. D&T12ry.1, modem foreign longuages1347.1 ond computing136T.l. There are 0150 chollenges with retention in many schools due to the poor behaviour of students. For many current teachers, excessive workloads. rather than pay. was the biggest foctor pushing them to leave but wilh budgets being slashed at every turn, we have no option but to reduce the number of staff on the payroll which leads to increased workload. In the Department's 2023 Working Lives of Teachers survey, Just over one-third of teachers and leaders136%1 indicaled that they were consldering leavlng the state school sector in the next 12 monlhs, excluding retiremenl. This represents an increase from 25Yo in 2022. High workload was Ihe most commonly reported factor in their considerations, wilh 94Y. lup from 92Y.I saying it was an important factor. When we have a quality applicant for a leaching role. we have lo do whol we can to hold on to them os competition belween schools to recruil ond retoin staff is fierce. School funding remoins to be o hot topic. The government announced their budget in October which included o 1.2% increose lo employers Nl contributions from 13.8%. to 157. from April 2025 and the threshold at which employers Nl now commences has been lowered from £9.100 to £5,000. This will hugely offect the school's budget os this will offecl lower paid 5UPPOrt Staff role5 ond will include a larger number of employees than previously. The increase lo employers Nl contribution5 will increase the annual 5olory bill by another £200k. We have expressed that additional funding is needed from the govemment to help wilh but the funding formula is not expected to be announced until Spring 2025 making it impossible for the school to know what to do for the best for this financial year. The govemment also announced an increase to the national minimum wage from £11.44 to £12.21. This means the cost to the school will also increase along
with increases to the catering and cleaning conlracts as a result. Invigilator costs, which have already risen significantly due to the increase in special considerations for more students. will increase further. Parentol contributions remain at about 607.. Whilst I know that there ore families who just cannot afford to contribute, there are equally mony who would have considered privote education if their child had not got into Owen's. l am not sure what else Ihat part of the porent body wishes to see from the school to convince them that the education they receive here may be worth £30 a month. It is for this reason that the work of the OSA is so incredibly important. There are so many resources and pieces of equipment that we simply would not be able to justify buying ourselves that you allow us to benefit from and which make Ihe learning environment all the richer for our children. So - a huge thank you to everyone who has helped to make Ihis year such as successful one lagainl Ihe committee really does achieve more than the sum of its parts but those parts are. in of themselves, just magnificent. I know that I really need to leave the individual thank you5 and the goodbyes to Mbalu and Tricia so I will use my last moments here tonight to thank them. Mbalu and Tricia. Tricia ond Mbalu, I cannol believe how fortunate the school is to hove such a dedicated co-chair at the top of this committee. You are constantly looking for new ond innovative ways to raise money and interesl in the school and you are constantly seeking lo keep Ihe calendar land, more recently, the barll fresh and exciting so that parents stay involved. You are SUCH busy people professionally land personally) yet you have given us your heart too which inspires me conslanlly - ond everything you do, you do wilh a smile... I could not ask to work with more dedicaled people and the fact that we can also have such fun together is just such a bonus so thonk you. for everything. I think that everyone who has been involved with the OSA con agree that we do have fun, mainly, meeting ond doing what we do and o huge thank you goes out, from Ihe school to everyone who has served on the committee and thank you to all of you who are standing to take on a new role or a joint role this evening, the School is so grateful for all that you do. Here is to the OSA continuing to go from strength to strength. Hannah Nemko March 2025
2024 ProForm The Owen's School Association Charity commission No.1059655 Treasurer's Re ort for the eriod endin 31 December 2024 The OSA raised over £50,000 in 2024 from a variety of events. This was an increase of over 500/0 on the previous year and as it was the schools 50th anniversary, £50,000 was eamiarked for donation to the school in 2025. A cash donation of £37,000 had been made to the school during 2024 leaving a surplus of £13,512 for the year. Cash balances as of year*nd were £68,694 up from £55,184 in 2023. Cheques for £50,000 have already been issued for 2025 to the school. This has been a record year in terms of fund raising for the school and reflects on a fantastic effort from all members of the OSA led by our co-chairs Mbalu and Tricia. Our auditor Gouri Kubair has agreed to be reappointed and our controls are consistent with the expectations of the Charities Commission. Treasurer Mar-25 Confidential 2810212025 Paee I
2024 ProForm Receipts and payments accounts For the pgrlod from To 1 Janua 2024 31 December 2024 Receipts and payments Unrestricted funds 2024 Unrestricted funds 2023 Notes Receipts Fundraising Events School Event Refreshments 200 ClulFMembership & Returned PrEes Book Covers Unrform Sales (Nead Newl Matched Fundin Coins, Amazon smile & Easy Fundraising Donations Inc. Cheese & Wine Bank Interest 25.001 16,100 16.325 4,713 2,170 1,964 1,905 3.021 17.982 3,286 4,650 2.976 815 6,373 752 70.948 362 42,037 receip Pa ents Cost of Fund Raising Events Cosls-school Event Refreshments 200 Club Prizes Book Covers NCPTA Membershi Other Event Costs Bank Feesllnleresl Total ments 9,442 5,243 8,371 656 700 1.007 599 945 787 129 20,436 1,135 45 8,623 Net Funds Raised 50.512 33,414 Dame Alice Owen. (37.000) (32.000) Net su deficit Cash funds at ear innin 55,184 53,771 Cash funds at ar end 55,184 Funds - All transactnS relate to unrestricted funds. TheTr no StIlcted orendowment funds. Confidential 2810212025 Page 2
2024 PioForm Statement of assets and liabilities at the end of the year Unrestricted funds 2024 Unrestricted funds 2023 Cash funds Bank Accounts 65,307 3,389 111 53,517 1,667 Bank Accounts- 200 Club Cash Total cash fiinds 68,807 55,184 Unrestricted funds Unrestricted funds Other monetsry assets No other monetary assets are hek1 Fund to which asset belongs Fund to which asset belon Cost loptionall Investment assets No Investment Assets are held Fund to which asset belongs Fund to which asset belon Unrestricted Cost loptionall Assets retained for the charity's own use Siock of Drinks and Snad(s Unrestricted 100 Stod( of Book Covers for resale Unrestricted 600 Unrestricted Other Unrestricted Unrestricted Fund to which Amourt due laccruedl Fund to which relates relates Liabilities 200 Club Prrzes Unrestricted 300 Unrestricted Book Cover Expenses Payment to School Unrestricted 1,625 50,000 Unrestricted Unrestricted Unrestricted Signature Print Name Date of roval Chair Patricia O'BrienlMbalu Koroma Treasurer Anthony Osijo Confidential 2810212025 Paee 3
2024 ProForm Notes to the receipts and payments accounts 1. Fundraising Events & Activities 2024 Surplus 2023 Surplus Reip1S Payments Quiz Nights Summer fetelAuction Sundry Events Refreshments Book Covers Foreign Coins, Amazon Smile & Easy Fundraising Unifomi Sales Donations Inc. cheese & wine 20 Club Matched Funding Licences and Sundry Costs Bank Interest 6,747 13,816) 2.930 3,369 16,993 1,261 16,325 1.905 15,6261 11,367 1,261 7.955 5,982 1.506 4,057 995 (8,371) (1,007) 2.976 3.021 2.976 3,021 2.648 3,286 815 2,170 17,982 {487) {700) 328 1,470 17,982 300 623 £ 50,512 6,003 1,365 4,650 765 317 £ 33,414 {3001 11291 20,436 752 £ 70,948 2024 has been the best year in terms of net fund raising on record even surpassing a stellar 2023. This has been helped by a a focus on matched funding, a very Su$$fUl 501h anniversary ball and continued focus on effiryencies and cost monitoring. The summer event was another su¢xess which the OSA is very proud of. Net Funds Raised 5CHJOO 20WO loo ljiiiiii 2024 2022 2W21 2020 2019 2017 Summer Event Quyé Nights Matthed FufKJiw Bty)k¢overs Unrform Sales Refreshmènts Fore¥nC¢Nns Easy FUndra1r 200 Club Misc tbnations &CD51S• Interest 2. Matched Funding Donation5 Thank you to Parents and Employers who have provided Matched Funding for fundraising actiVTties. The push on matched funding resulted in a 300'/o increase in receipts. Special thanks go to AKO Capitsl who helped with a massive contribution of £10,Cx)O. Matched Funding to-date 17.982 5.705 3. Book Covers The Book cover sales were marshalled by Maria Leahy. An amount remains outstanding on the bls relating to cost paid on behalf of the assoaation in 2020121. This amount was Cared in feb 2025 Confidentlal 281021202S Page 4
2024 ProForm 4. 200 Club The 200 Club memberships shown are those received during the year. PrEes and creditors included relate to draws for months in the year. Each winning tii*el receives £50. The Metro bank account is now running wilhoul problem and marshalled by the scheme administrator, Aan Williams. A drive will continue to recruit rnore member5 to the scheme which generates income for the school and is a bit of fun as well. 5. Donations to Dame Alice Owen's School A contribution of £37,000 from Dec 2023 was cashed by the school in January 2024. A provision has been made for a payment of arca £50,000 from available funds to be made to the school in 2025 for activities lated to 2024. 6. Easy Fundraising The Association r1Ve$ a donation for old foreign coins collected. The association also receives charitable donations from Easy Fundraising when on-line purchases are made from retailers registered with either platfom) and the association is selected as the charty for donations. 2024 2023 Foreign Coin Collection Amazon Smile Easy fundraising Total 51 3,029 3,080 2,976 2,976 7. Unifomi Sales The second hand unifomi sales continues to perform strongty and saw stable receipts in 2024 8. Owens 50 year Anniversary This extremety successful event generated over £15.CA)O in cash ripts and a net profil of over £7,000 9. Bank Accounts No material issues. Mandates will need to be upxlated in 2025. 10. Post Balance sheet Events None Confidential 2810212025 Page 5
Chairfs Re ort: Patricia Do le & Mbalu Koroma: 2024- 2025 1am really pleased to be reading another very positive OSA Annual report to you. This is our 2. chair report since taking in the role in April 2023. It has been a pleasure working closely with the committee and the school. Every member of this committee and the supporting teams have gone above and to help us donate £50,000 to the school in December 2024. The team continue to work tirelessly to find new ideas to raise funds as well as maintaining the the initiatives that consistently raise funds. There has been a constant drive to do what we can to support the School more, to raise more funds for the School and to enhance the enjoyment of every visitor to the School even more. We should all remember that the success of the OSA is not and should not be related solely to monies raised. It is so much more than that, from making visitors welcome and refreshed, to helping to showcase what the School do and stand for, and to facilitate people meeting and making new friends and really enjoying themselves. Everything we have done and continue to do is geared towards meeting these goals, and we sincerely thank all of you who have helped to make this possible. We had our anniversary ball in April 2024. Not only did we raise an astonishing amount of money, it was the first time that the committee attended an event that we were not 'workinl. We transformed the school hall into a ball room where there was laughter, music, drink as well as dancing. Tricia came up with the vision and played a key roll in delivering a successful event. Thank you so so much. We would like to highlight the individual outstanding contribution of Committee members who have worked so hard to ensure we can provide the services we do to Parents and Helpers and to hand over the sums of money that we do to the School This time last year, we had some issues with our banking but these problems are behind us. We can only thank Anthony again for his patience and tenacity to get our banking sorted out once and for all. l am pleased to inform you that we have resolved the outstanding banking issues, however, we Still need to review and make changes to the bank mandate to reflect our current leadership structures. Anthony continues to provide accurate accounts summary as well as keeping us honest when financial decisions as needed. Sheena's can be described as 'Queen of the Nearly New Uniform, and continues to provide critical service to parents, teachers and well as the students. She is preparing for the the spring sale and would appreciate any support. In additions to her critical role, Sheena supports wider initiatives and well as OSA communication by creating simple 'shout out, messages for whats app distribution to year groups. We thank her for you time and efforts. Sheena has also taken on task of drafting 'shout outs, which we share across year groups to disseminate information and actions quickly.
Alan continues to be a superstar. His determination and drive to revive club 200 hasn't gone unnoticed and we are now reaping the benefits of his determination. Your passion comes through every time we mention 200 club. We are pleased that this is up and running and that we have started seeing the benefits of this service. We want to thank Alan for his ongoing contribution and enthusiasm. Alan is also supporting easy fundraising and continues to remind us of its simplicity as well as the funds that we get from easyfundraising. Thank you so much Maria has once again been so efficient with her Book Covers, that we maybe take her for granted. This is another tried and tested system that just works so well. A great job done, pretty much on her own, ensuring that everyone is catered for efficiently with regards to School Book Covers. Thank you Maria. The last quiz was a huge succes5 and we can only thank Simi for that. Brilliantly organised and coordinated to perfection. Having recognised that food prep for the quiz took up a lot of time as well as multiple trips to the shops, Simi opted for in- house catering snd that was a huge success. It took the pressure of Simi and allowed her to focus on the quiz as well as enjoying the evening. We want to thank Simi for her commitment, energy, and passion for the school. We say good bye to Simi at the end of the year, but ask her to pay us a visit from time to time. Jig has been been working closely with Simi for the last 2 years, and would like take on the role as quiz lead. Nadine Stephenson joined the quiz team this year and her contribution was greatly appreciated. Thank you so much. {Tricia to do the presentation) Tricia - Website/SM - This has been a bit of a struggle once again, although recently, some positive changes have been made and we have been able to use the services of those who know a bit more about this sort of thing than me. Jay has carried out some training with Nicola in the School office, and very recently Tricia has spent some time with Nicola to at least bring the site more up to date. A bit more is required on this so let's just say 'work in progress but certainly heading in the right direction The summer festival continues to be a key highlight and we raised an astonishing amount last year. It was by far the most successful event in 2024. Eleanor, Jig and festival team, tried new ideas and getting year 7&8 proved to be a successful formula.having a co-lead helped planning, implementation and delivery. This partnership is a great example of team work. It's a great showcase for the school community and families. The weather was kind to us and people came in their droves to experience excellent food, drink, fun stalls, fun activities, music entertainment and everyone went home with huge smiles on their faces.
Well done to Eleanor and to everyone else who was involved in the planning, the setting up, helping out on the day and clearing up afterwards...... It is going to be a hard act to follow but planning has already started for an even bigger and better th OwensFest on 29 June 2025. There seems to be an increase in the number of productions and performances at the School. Tony has taken this in his stride and who continues to do a brilliant job. The events WhatsApp group is really active, fun and a delight to be part of that group. It's the one group where there is constant laughter but the only group where there is active participation. That is due to Ton¢s style and personality. Although the help with serving is important, stock needs to be checked, shopped for, chillers need f illing, floats organised, then there is the set up and clear up which someone needs to do. Well done to everyone involved with this, with special mention to Geoff who is readily available to support. Thank you. Alan is currently wearing 2 hats at the moment. He is the OSA lead on club 200 as well as easy fundraising. He has continued to encourage more people to get involved and signup. Alan would like someone else to take on easyfundraising. Whilst we have a few fantasists Match Funders, and with the support of Souri and Tricia, we continue to bring in new people. It's continues to be a somewhat untapped revenue stream and are open to new ideas to encourage parents participation. Souri has expressed her interest in another role and as such, this position is vacant, however, we have had some interest but we will discuss that later. Walter is another one of our Committee who just gets things done, often without prompting. which is really helpful and useful. He has therefore become another very valuable member of the Committee, and another who is perhaps somewhat taken for granted. Thank you Walter, for all you do behind the scenes. It is very much appreciated and valued. Walter has decided to step down, however, we are not saying goodbye to Walter as we will continue being a committee member and is hoping to take on a new role. Simon has been his deputy and this partnership Isha's been successful. l am hoping that Simon will become the natural successor, however this will depend on the vote. Good luck Simon. And, of course, many, many thanks to the other members of the Committee and other helpers who have given up their own time to help the OSA. We really hope we haven't offended anyone if we didn't mention them in person, but we really are 'all in this togetherf and your help is very much appreciated. Our relationship with the School works very well. We are always supported in what we are doing and the School is always keen to help us whenever and wherever possible. Despite her incredibly busy schedule, Hannah attends many of our meetings, (rarely missing any of our socials!) and is always trying to find a way to say 'yes' to our requests, however outlandish....
Vicky has also given up her time to support our meetings and in many other ways, and has also done what she can to help. We have experienced a similar approach from Aran (Premises Manager), Ces Pau and his team of Caretakers, and of course Nicola, whose willingness to help whenever asked, has just taken pressure off us on many occasions. So big thanks from us to Hannah and the other members of the School, for making things that much easier for us. Tricia and I, thank you so much for your support, time and effort over the last 12 months. With the huge amount of effort of so many people in this group, it has been yet another extremely successful year for the OSA. Looking forward l. Boat party 2. OwensFest 3. New events Balu & Tricia March 2025
2024 ProForma
The Owen's School Association
Charity Commission No.1059655
Treasurer's Report for the period ending 31 December 2024
The OSA raised over £50,000 in 2024 from a variety of events. This was an increase of over 50% on the previous year and as it was the schools 50th anniversary, £50,000 was earmarked for donation to the school in 2025. A cash donation of £37,000 had been made to the school during 2024 leaving a surplus of £13,512 for the year.
Cash balances as of year-end were £68,694 up from £55,184 in 2023. Cheques for £50,000 have already been issued for 2025 to the school.
This has been a record year in terms of fund raising for the school and reflects on a fantastic effort from all members of the OSA led by our co-chairs Mbalu and Tricia.
Our auditor Gouri Kubair has agreed to be reappointed and our controls are consistent with the expectations of the Charities Commission.
Anthony Osijo
Treasurer Mar-25
28/02/2025
Page 1
Confidential
2024 ProForma
Receipts and payments accounts
----- Start of picture text -----
Period start date Period end date
For the period from To
1 January 2024 31 December 2024
Receipts and payments
Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Receipts
Fundraising Events 25,001 16,100
School Event
16,325 4,713
Refreshments
200 Club-Membership &
4 2,170 1,964
Returned Prizes
Book Covers 1,905 1,940
Uniform Sales (Nearly New) 7 3,021 3,286
Matched Funding 2 17,982 4,650
Coins, Amazon smile &
6 2,976 2,648
Easy Fundraising
Donations Inc. Cheese &
815 6,373
Wine
Bank Interest 752 362
Total receipts 1 70,948 42,037
Payments
Cost of Fund Raising
9,442 5,243
Events
Costs-School Event
8,371 656
Refreshments
200 Club Prizes 700 599
Book Covers 3 1,007 945
NCPTA Membership - -
Other Event Costs 787 1,135
Bank Fees/Interest 129 45
Total payments 1 20,436 8,623
Net Funds Raised 1 50,512 33,414
Donations to
Dame Alice Owen's 5 (37,000) (32,000)
School
Net surplus/(deficit) 13,512 1,414
Cash funds at year beginning 55,184 53,771
Cash funds at year end 68,694 55,184
----- End of picture text -----
Funds - All transactions relate to unrestricted funds. There are no restricted or endowment funds.
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Confidential
2024 ProForma
Statement of assets and liabilities at the end of the year
| Other monetary assets Investment assets Liabilities Chair Treasurer Cash funds Bank Accounts Bank Accounts - 200 Club Cash Total cash funds No other monetary assets are held No Investment Assets are held Book Cover Expenses Assets retained for the charity’s own use Stock of Drinks and Snacks Stock of Book Covers for resale Other 200 Club Prizes Payment to School Signature |
Unrestricted funds 2024 £ 65,307 3,389 111 £ 68,807 Unrestricted funds £ - Fund to which asset belongs Cost (optional) - Fund to which asset belongs Cost (optional) Unrestricted £ 100 Unrestricted £ 600 Unrestricted £ - Fund to which liability relates Amount due (accrued) Unrestricted £ 300 Unrestricted £ 1,625 Unrestricted £ 50,000 Print Name Patricia O'Brien/Mbalu Koroma Anthony Osijo |
Unrestricted funds 2023 £ 53,517 1,667 £ 55,184 Unrestricted funds £ - Fund to which asset belongs Fund to which asset belongs Unrestricted Unrestricted Unrestricted Fund to which liability relates Unrestricted Unrestricted Unrestricted Date of approval |
|---|---|---|
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Confidential
2024 ProForma
Notes to the receipts and payments accounts
| 1. Fundraising Events & Activities | 1. Fundraising Events & Activities | 2024 | 2023 | |||||
|---|---|---|---|---|---|---|---|---|
| Receipts | Payments | Surplus | Surplus | |||||
| £ | £ | £ | £ | |||||
| Quiz Nights | 6,747 | (3,816) | 2,930 | 3,369 | ||||
| Summer | ||||||||
| fete/Auction | 16,993 | (5,626) | 11,367 | 5,982 | ||||
| Sundry Events | 1,261 | 1,261 | 1,506 | |||||
| Refreshments | 16,325 | (8,371) | 7,955 | 4,057 | ||||
| Book Covers | 1,905 | (1,007) | 898 | 995 | ||||
| Foreign Coins, | ||||||||
| Amazon Smile & | ||||||||
| Easy Fundraising | 2,976 | 2,976 | 2,648 | |||||
| Uniform Sales | 3,021 | 3,021 | 3,286 | |||||
| Donations Inc. | ||||||||
| cheese & wine | 815 | (487) | 328 | 6,003 | ||||
| 200- Club | 2,170 | (700) | 1,470 | 1,365 | ||||
| Matched Funding | 17,982 | 17,982 | 4,650 | |||||
| Licences and Sundry Costs | (300) | - | 300 - |
- | 765 - |
|||
| Bank Interest | 752 | (129) | 623 | 317 | ||||
| £ 70,948 | (20,436) | £ 50,512 | £ 33,414 | |||||
| 2024 has been the best year in terms of net fund raising on record even surpassing a stellar 2023. This has been helped | 2024 has been the best year in terms of net fund raising on record even surpassing a stellar 2023. This has been helped | 2024 has been the best year in terms of net fund raising on record even surpassing a stellar 2023. This has been helped | ||||||
| by a a focus on matched funding, a very successful 50th anniversary ball and continued focus on efficiencies and cost | ||||||||
| monitoring. The summer event was another success which the OSA is very proud of. | monitoring. The summer event was another success which the OSA is very proud of. | |||||||
| -10000 0 10000 20000 30000 40000 50000 2024 2023 2022 2021 2020 2019 2018 2017 Net Funds Raised Summer Event Quiz Nights Matched Funding Book covers Innneey |
||||||||
| Uniform Sales Refreshments |
Foreign Coins | Easy Fundraising | ||||||
| 200 Club | Misc Donations & Costs Interest |
2024 has been the best year in terms of net fund raising on record even surpassing a stellar 2023. This has been helped by a a focus on matched funding, a very successful 50th anniversary ball and continued focus on efficiencies and cost monitoring. The summer event was another success which the OSA is very proud of.
2. Matched Funding Donations
Thank you to Parents and Employers who have provided Matched Funding for fundraising activities. The push on matched funding resulted in a 300% increase in receipts. Special thanks go to AKO Capital who helped with a massive contribution of £10,000.
Matched Funding to-date
17,982 5,705 .
3. Book Covers
The Book cover sales were marshalled by Maria Leahy. An amount remains outstanding on the b/s relating to cost paid on behalf of the association in 2020/21. This amount was cleared in feb 2025
28/02/2025
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Confidential
2024 ProForma
4. 200 Club
The 200 club memberships shown are those received during the year. Prizes and creditors included relate to draws for months in the year. Each winning ticket receives £50. The Metro bank account is now running without problem and marshalled by the scheme administrator, Alan Williams. A drive will continue to recruit more members to the scheme which generates income for the school and is a bit of fun as well.
5. Donations to Dame Alice Owen's School
A contribution of £37,000 from Dec 2023 was cashed by the school in January 2024. A provision has been made for a payment of circa £50,000 from available funds to be made to the school in 2025 for activities related to 2024.
6. Easy Fundraising
The Association receives a donation for old foreign coins collected. The association also receives charitable donations from Easy Fundraising when on-line purchases are made from retailers registered with either platform and the association is selected as the charity for donations.
| Foreign Coin Collection Amazon Smile Easy fundraising Total |
2024 - - 2,976 2,976 £ |
2023 - 51 3,029 3,080 £ |
|---|---|---|
7. Uniform Sales
The second hand uniform sales continues to perform strongly and saw stable receipts in 2024
8. Owens 50 year Anniversary
This extremely successful event generated over £15,000 in cash receipts and a net profit of over £7,000
9. Bank Accounts
No material issues. Mandates will need to be updated in 2025.
10. Post Balance sheet Events
None
28/02/2025
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Confidential
Independent examiner's report on the accounts
| Section A | Independent Examiner’s Report | Independent Examiner’s Report | Independent Examiner’s Report | |
|---|---|---|---|---|
| Report to the trustees | Charity Name | Charity Name The Owen's School Association |
||
| On accounts for the year | Charity no 31 December 2023 |
1059655 | ||
| ended | (if any) | |||
| Set out on pages | Set out on pages | 2 to 5 | ||
| (remember to include the page numbers of additional sheets) | (remember to include the page numbers of additional sheets) | |||
| I report to the trustees on my examination of the accounts of the above | I report to the trustees on my examination of the accounts of the above | |||
| charity (“the Trust”) for the year endedDD / MM / YYYY. 31/ 12 / 2023 |
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) 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.
- Please delete the words in the brackets if they do not apply.
|Signed:||Date:|Date:
14/09/2024
~~[|~~|Date:
14/09/2024
~~[|~~|
|---|---|---|---|---|
|Name:|Gouri Kubair||||
||||||
|Relevant professional|||||
|qualification(s) or body|ICAEW membership No: 9291854||||
Oct 2018
1
IER
(if any):
Address: 11 Sycamore Avenue, Hatfield AL10 8LZ
Section B Disclosure
Only complete if the examiner needs to highlight material 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 .
Oct 2018
2
IER