2025 ProForma Report ## **The Owen's School Association** ## **Charity Commission No.1059655** ## **Treasurer's Report for the period ending 31 December 2025** **I am pleased to present the Treasurer’s Report for The Owen’s School Association for the financial year ended 31 December 2025.** **The Association had an exceptionally strong financial year, raising total income in excess of £70,000 from a wide range of fundraising activities. This represents an increase of over 40% compared with the previous year, making 2025 a record year for fundraising. This significant improvement reflects the commitment and hard work of OSA members and volunteers throughout the year.** **In line with the school’s strategic priority to develop the sports hall, £55,000 of funds raised during the year was earmarked for donation to the school which will be cashed in 2026. During 2025, a cash donation of £50,000 was paid to the school. After all receipts and payments, the Association generated a surplus of £9,410 for the year.** **As at 31 December 2025, the Association’s cash balances stood at £78,064, an increase from £68,807 at the end of 2024, demonstrating a continued strengthening of the Association’s financial position. As mentioned earlier, £55,000 has been transferred to the school for 2025 subsequent to the year end.** **This outstanding financial performance would not have been possible without the** ‑ **dedication and energy of all those involved in organising and supporting OSA events. Particular thanks are due to our co chairs, Mbalu and Tricia, whose leadership has been instrumental in achieving this record fundraising outcome.** **The Association’s accounts continue to be maintained in accordance with good financial practice. Our auditor, Gouri Kubair, has agreed to be reappointed, and the Association’s financial controls remain consistent with the expectations of the Charity Commission.** **I would like to thank the committee and all OSA members for their continued support and contribution throughout the year.** ## _Anthony Osijo_ **Treasurer Mar-26** 02/07/2026 Page 1 **Confidential** 2025 ProForma Report ## **Recei ts and a ments accounts p p y** ||**For the period from**|Period start date
01-Jan-25|Period start date
01-Jan-25|**To**||Period end date
31 December 2025| |---|---|---|---|---|---|---| |||||||| |**Receipts and payments**||||||| |**Receipts**|**Notes**|**Unrestricted**
**funds**
**2025**
**£**
43,029
5,967
2,233
108
5,220
12,445
4,133
1,733
668
**75,537**
9,649
2,543
775
710
-
2,369
81
**16,127**||||**Unrestricted**
**funds**
**2024**
**£**
25,001
16,325
2,170
1,905
3,021
17,982
2,976
815
712
**70,907**
9,442
8,371
700
1,007
-
787
129
**20,436**
**50,471**
**(37,000)**
**13,471**
55,184
**68,807**| |FundraisingEvents||43,029||||| |School Event
Refreshments||5,967||||| |200 Club-Membership &
Returned Prizes|4|2,233||||| |Book Covers||108||||| |UniformSales (NearlyNew|) 7|5,220||||| |Matched Funding|2|12,445||||| |Coins, Amazon smile &
EasyFundraising|6|4,133||||| |Donations Inc. Cheese &
Wine||1,733||||| |Bank Interest||668||||| |**_Total receipts_**|**1**|**75,537**||||| |**Payments**||||||| |Cost of Fund Raising
Events||9,649||||| |Costs-School Event
Refreshments||2,543||||| |200 Club Prizes||775||||| |Book Covers|3|710||||| |NCPTA Membership||-||||| |Other Event Costs
Bank Fees/Interest||2,369||||| |||81||||| |**_Totalpayments_**|**1**|**16,127**||||| |||||||| |**_Net Funds Raised_**|**1**|**59,410**||||**50,471**| |||||||| |**Donations to**
**Dame Alice Owen's **|**5**|**(50,000)**||||**(37,000)**| |||**9,410**
68,807
**78,271**||||| |**_Net surplus/(deficit)_**||**9,410**||||| |||||||| |Cash funds atyear beginning||68,807||||| |||||||| |**_Cash funds atyear end_**||**78,271**||||**68,807**| _Funds - All transactions relate to unrestricted funds. There are no restricted or endowment funds._ 02/07/2026 Page 2 **Confidential** 2025 ProForma Report ## **Statement of assets and liabilities at the end of the year** |**Other monetary assets**
**Investment assets**
**Liabilities**
Chair
Treasurer
**Cash funds**
**Assets retained for the**
**charity’s own use**|Bank Accounts
Bank Accounts - 200 Club
Cash
**_Total cash funds_**
No other monetary assets are held
No Investment Assets are held
Book Cover Expenses
Stock of Drinks and Snacks
Stock of Book Covers for resale
Other
200 Club Prizes
Payment to School
Signature|**Unrestricted funds**
**2025**
**£**
73,167
4,898
206
**£ 78,271**
**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
£ 55,000
Print Name
Patricia O'Brien/Mbalu Koroma
Anthony Osijo|**Unrestricted**
**funds**
**2024**
**£**| |---|---|---|---| ||||65,266| ||||3,389| ||||151| ||||**£ 68,807**| ||||**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| |||Patricia O'Brien/Mbalu Koroma|| |||Anthony Osijo|| 02/07/2026 Page 3 **Confidential** 2025 ProForma Report ## **Notes to the receipts and payments accounts** |**1. Fundraising Events & Activities**|**1. Fundraising Events & Activities**||||||**2025**||**2024**| |---|---|---|---|---|---|---|---|---|---| |||Receipts|||Payments||Surplus||Surplus| |||£|||£||£||£| |Quiz Nights|||5,019||(2,287)||2,732||2,930| |Summer|||||||||| |fete/Auction||19,462|||(7,362)||12,100||11,367| |Sundry Events||18,549|||||18,549||1,261| |Refreshments|||5,967||(2,543)||3,424||7,955| |Book Covers|||108||(710)|-|602
||898| |Foreign Coins,|||||||||| |Amazon Smile &|||||||||| |Easy Fundraising|||4,133||||4,133||2,976| |Uniform Sales|||5,220||||5,220||3,021| |Donations Inc.|||||||||| |cheese & wine|||1,733||0||1,733||328| |200- Club|||2,233||(775)||1,458||1,470| |Matched Funding||12,445|||||12,445||17,982| |Licences and Sundry Costs|||||(2,369)|-|2,369
|-|300
| |Bank Interest|||668||(81)||587||623| |||**£ 75,537**|||**(16,127)**||**£ 59,410**||**£ 50,512**| |2025 has been the best year in terms of|||net fund raising on record even surpassing a stellar 2024. This has been help||||||| |by a a focus on matched funding, a||number of||specific one-off events and a continued||||focus on efficiencies and cost|| |monitoring. The summer event was another success which the OSA is very|||||||proud of.||| ||||Net Funds Raised||||||| |70000|||||||||| |60000|||||||||| |50000|||||||||| |40000|||||||||| |30000|||||||||| |20000|||||||||| |10000|||||||||| |0|||||||||| |2025|2024|2023||2022|2021|2020|2019|2018|2017| |-10000|||||||||| |Analysis of Net Funds Raised|||Summer Event||Quiz Nights||One Off events||| |Matched Funding|||Book covers||Uniform Sales||Refreshments||| |Foreign Coins|||Easy Fundraising||200 Club||Misc Donations & Costs||| |Interest|||||||||| 2025 has been the best year in terms of net fund raising on record even surpassing a stellar 2024. This has been helped by a a focus on matched funding, a number of specific one-off events and a 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. Special thanks go to AKO Capital who continue to make significant contributions. Matched Funding to-date 12,445 17,982 ## **3. Book Covers** . 02/07/2026 Page 4 **Confidential** 2025 ProForma Report 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 due to be cleared in 2025 but will now be finally settled in April 2026. The sales for Book Covers have probably been miscategorized as part of Sundry events and highlights the importance of using the right code at POS. ## **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 continues to run efficiently and is expertly 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 £50,000 from Dec 2024 was cashed by the school in January 2025. A provision has been made for a payment of circa £55,000 from available funds to be made to the school in 2026 for activities related to 2025. ## **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|**2025**
-
-
4,133
**4,133**
**£**|**2024**
-
-
2,976| |---|---|---| ||**4,133**
**£**|**2,976**
**£**| ## **7. Uniform Sales** The second hand uniform sales continues to perform strongly and saw a big increase in receipts in 2025. Great work by the team. ## **8. Bank Accounts** No material issues. Mandates will need to be updated in 2026. ## **9. Post Balance sheet Events** _None_ 02/07/2026 Page 5 **Confidential** 2025 ProForma Report ## **The Owen's School Association** ## **Charity Commission No.1059655** ## **Treasurer's Report for the period ending 31 December 2025** **I am pleased to present the Treasurer’s Report for The Owen’s School Association for the financial year ended 31 December 2025.** **The Association had an exceptionally strong financial year, raising total income in excess of £70,000 from a wide range of fundraising activities. This represents an increase of over 40% compared with the previous year, making 2025 a record year for fundraising. This significant improvement reflects the commitment and hard work of OSA members and volunteers throughout the year.** **In line with the school’s strategic priority to develop the sports hall, £55,000 of funds raised during the year was earmarked for donation to the school which will be cashed in 2026. During 2025, a cash donation of £50,000 was paid to the school. After all receipts and payments, the Association generated a surplus of £9,410 for the year.** **As at 31 December 2025, the Association’s cash balances stood at £78,064, an increase from £68,807 at the end of 2024, demonstrating a continued strengthening of the Association’s financial position. As mentioned earlier, £55,000 has been transferred to the school for 2025 subsequent to the year end.** **This outstanding financial performance would not have been possible without the** ‑ **dedication and energy of all those involved in organising and supporting OSA events. Particular thanks are due to our co chairs, Mbalu and Tricia, whose leadership has been instrumental in achieving this record fundraising outcome.** **The Association’s accounts continue to be maintained in accordance with good financial practice. Our auditor, Gouri Kubair, has agreed to be reappointed, and the Association’s financial controls remain consistent with the expectations of the Charity Commission.** **I would like to thank the committee and all OSA members for their continued support and contribution throughout the year.** ## _Anthony Osijo_ **Treasurer Mar-26** 02/07/2026 Page 1 **Confidential** 2025 ProForma Report ## **Recei ts and a ments accounts p p y** ||**For the period from**|Period start date
01-Jan-25|Period start date
01-Jan-25|**To**||Period end date
31 December 2025| |---|---|---|---|---|---|---| |||||||| |**Receipts and payments**||||||| |**Receipts**|**Notes**|**Unrestricted**
**funds**
**2025**
**£**
43,029
5,967
2,233
108
5,220
12,445
4,133
1,733
668
**75,537**
9,649
2,543
775
710
-
2,369
81
**16,127**||||**Unrestricted**
**funds**
**2024**
**£**
25,001
16,325
2,170
1,905
3,021
17,982
2,976
815
712
**70,907**
9,442
8,371
700
1,007
-
787
129
**20,436**
**50,471**
**(37,000)**
**13,471**
55,184
**68,807**| |FundraisingEvents||43,029||||| |School Event
Refreshments||5,967||||| |200 Club-Membership &
Returned Prizes|4|2,233||||| |Book Covers||108||||| |UniformSales (NearlyNew|) 7|5,220||||| |Matched Funding|2|12,445||||| |Coins, Amazon smile &
EasyFundraising|6|4,133||||| |Donations Inc. Cheese &
Wine||1,733||||| |Bank Interest||668||||| |**_Total receipts_**|**1**|**75,537**||||| |**Payments**||||||| |Cost of Fund Raising
Events||9,649||||| |Costs-School Event
Refreshments||2,543||||| |200 Club Prizes||775||||| |Book Covers|3|710||||| |NCPTA Membership||-||||| |Other Event Costs
Bank Fees/Interest||2,369||||| |||81||||| |**_Totalpayments_**|**1**|**16,127**||||| |||||||| |**_Net Funds Raised_**|**1**|**59,410**||||**50,471**| |||||||| |**Donations to**
**Dame Alice Owen's **|**5**|**(50,000)**||||**(37,000)**| |||**9,410**
68,807
**78,271**||||| |**_Net surplus/(deficit)_**||**9,410**||||| |||||||| |Cash funds atyear beginning||68,807||||| |||||||| |**_Cash funds atyear end_**||**78,271**||||**68,807**| _Funds - All transactions relate to unrestricted funds. There are no restricted or endowment funds._ 02/07/2026 Page 2 **Confidential** 2025 ProForma Report ## **Statement of assets and liabilities at the end of the year** |**Other monetary assets**
**Investment assets**
**Liabilities**
Chair
Treasurer
**Cash funds**
**Assets retained for the**
**charity’s own use**|Bank Accounts
Bank Accounts - 200 Club
Cash
**_Total cash funds_**
No other monetary assets are held
No Investment Assets are held
Book Cover Expenses
Stock of Drinks and Snacks
Stock of Book Covers for resale
Other
200 Club Prizes
Payment to School
Signature|**Unrestricted funds**
**2025**
**£**
73,167
4,898
206
**£ 78,271**
**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
£ 55,000
Print Name
Patricia O'Brien/Mbalu Koroma
Anthony Osijo|**Unrestricted**
**funds**
**2024**
**£**| |---|---|---|---| ||||65,266| ||||3,389| ||||151| ||||**£ 68,807**| ||||**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| |||Patricia O'Brien/Mbalu Koroma|| |||Anthony Osijo|| 02/07/2026 Page 3 **Confidential** 2025 ProForma Report ## **Notes to the receipts and payments accounts** |**1. Fundraising Events & Activities**|**1. Fundraising Events & Activities**||||||**2025**||**2024**| |---|---|---|---|---|---|---|---|---|---| |||Receipts|||Payments||Surplus||Surplus| |||£|||£||£||£| |Quiz Nights|||5,019||(2,287)||2,732||2,930| |Summer|||||||||| |fete/Auction||19,462|||(7,362)||12,100||11,367| |Sundry Events||18,549|||||18,549||1,261| |Refreshments|||5,967||(2,543)||3,424||7,955| |Book Covers|||108||(710)|-|602
||898| |Foreign Coins,|||||||||| |Amazon Smile &|||||||||| |Easy Fundraising|||4,133||||4,133||2,976| |Uniform Sales|||5,220||||5,220||3,021| |Donations Inc.|||||||||| |cheese & wine|||1,733||0||1,733||328| |200- Club|||2,233||(775)||1,458||1,470| |Matched Funding||12,445|||||12,445||17,982| |Licences and Sundry Costs|||||(2,369)|-|2,369
|-|300
| |Bank Interest|||668||(81)||587||623| |||**£ 75,537**|||**(16,127)**||**£ 59,410**||**£ 50,512**| |2025 has been the best year in terms of|||net fund raising on record even surpassing a stellar 2024. This has been help||||||| |by a a focus on matched funding, a||number of||specific one-off events and a continued||||focus on efficiencies and cost|| |monitoring. The summer event was another success which the OSA is very|||||||proud of.||| ||||Net Funds Raised||||||| |70000|||||||||| |60000|||||||||| |50000|||||||||| |40000|||||||||| |30000|||||||||| |20000|||||||||| |10000|||||||||| |0|||||||||| |2025|2024|2023||2022|2021|2020|2019|2018|2017| |-10000|||||||||| |Analysis of Net Funds Raised|||Summer Event||Quiz Nights||One Off events||| |Matched Funding|||Book covers||Uniform Sales||Refreshments||| |Foreign Coins|||Easy Fundraising||200 Club||Misc Donations & Costs||| |Interest|||||||||| 2025 has been the best year in terms of net fund raising on record even surpassing a stellar 2024. This has been helped by a a focus on matched funding, a number of specific one-off events and a 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. Special thanks go to AKO Capital who continue to make significant contributions. Matched Funding to-date 12,445 17,982 ## **3. Book Covers** . 02/07/2026 Page 4 **Confidential** 2025 ProForma Report 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 due to be cleared in 2025 but will now be finally settled in April 2026. The sales for Book Covers have probably been miscategorized as part of Sundry events and highlights the importance of using the right code at POS. ## **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 continues to run efficiently and is expertly 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 £50,000 from Dec 2024 was cashed by the school in January 2025. A provision has been made for a payment of circa £55,000 from available funds to be made to the school in 2026 for activities related to 2025. ## **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|**2025**
-
-
4,133
**4,133**
**£**|**2024**
-
-
2,976| |---|---|---| ||**4,133**
**£**|**2,976**
**£**| ## **7. Uniform Sales** The second hand uniform sales continues to perform strongly and saw a big increase in receipts in 2025. Great work by the team. ## **8. Bank Accounts** No material issues. Mandates will need to be updated in 2026. ## **9. Post Balance sheet Events** _None_ 02/07/2026 Page 5 **Confidential** **Independent examiner's report on the accounts** |**Section A**
**Independent Examiner’s Report**|**Section A**
**Independent Examiner’s Report**| |---|---| |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Charity Name
The Owen's School Association
31/12/2025
**Charity no**
**(if any)**
1059655
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31/12/2025.
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** I have completed my examination. I confirm that no material matters have **examiner's statement** 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. - _Please delete the words in the brackets if they do not apply._ |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**||30/06/2026| |---|---|---| |||| ||Gouri Kubair|| |||| ||ICAEW membership No: 9291854|| |||| ||11 Sycamore Avenue|| ||Hatfield|| ||AL10 8LZ|| 1 **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** . N/A 2