Friends of Whiteheath Infant School Association Charity No. 1062296 Trustees, Report and Unaudited Accounts 31 August 2024
Friends of Whiteheath Infant School Association Contents Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities 2to3 Balance Sheet Notes to the Accounts 7t09 Detailed Statement of Financial Activities Ioto Page I
Friends of Whiteheath Infant School Association Trustees Annual Report The trustees represent their report with the financial statements of the charity for the year ended 31 August 2024. Trustees have adopted the provision of Accounting and reporting by charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the financial reporting standard applicable in the UK and republic of Ireland (FRS 1021 leffective 10 January 2019) REFERENCE AND ADMINISTRATIVE DAlLs Charity No. 1062296 Principal Office Whiteheath Infant School Ladygate Lane Ruislip Harrow HA4 7RF Trustees The following Trustees served during the year: A. Balaam J. Hall M. Martin K. Mellor P. Mellor J. Moroney N. Moroney K. Muttitt H. Ross E. Stark Accountants Praddy Financial Consultancy Ltd 07 Jardine House Harrovian Business Village Harrow HAI 3EX OBJEcfivES AND ACTIVITIES Objectives and aims Whiteheath Infant School Association exists to organise and put on events and activities with a view to bringing the Whiteheath Infant School pupil and parent community together and raise funds in the process which can be used within the school to enhance the facilities and equipment available to the pupils. Public Benefit The activities of the charity provide both events which bring the community together and improve the school environment and facilities above and beyond what can be afforded on Government funding. Recent examples include new chairs and desks, computer equipment, replacement windows and curtains in the hall, playground equipment, resources for Forest School amongst others. Page 2
Friends of Whiteheath Infant School Association Trustees Annual Report ACHIEVEMENTS AND PERFORMANCE During the period, the group organised many events- school discos, the annual May Fayre, the annual Christmas Fayre, a Take That Tribute Evening for parents, a used clothing recycling collection and a Christmas fund raising project {cards, mugs etc} as well as other more minor events. FINANCIAL REVIEW During the period, the charity generated total income of £33,247.06 and incurred expenditure amounting to £21,919. A portion of this expenditure relates to accruals for the current year. Some of this expenditure was the cost of putting on events, but a significant part of it was donations into the school. PLANS FOR FUTURE PERIODS The charity plans to continue its work, with new members bringing in new ideas for events. It aims to continue raising funds which will be made available to the school for investment as the school wishes and as agreed with the committee. STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is run entirely by parent volunteers. The Co-Treasurer, Andrew Balaam, is the longest serving member having been involved in the charity for over 10 years. and as treasurer for over 9. Andrew will be conducting a full handover with fellow Co-Treasurer, Nicholas Moroney, as Andrew will be leaving the role at the end of the financial year. The Chair role is currently shared with both Chairs having several years commitment to the charity. The secretary role is filled, with other members supporting with events and activities. Additional parents volunteer to help out The Headteacher takes an active role in the work of the charity, attends meetings and liaises between the charity and the school. Approved by order of the board of trustees on 23 May 2025 and signed on its behalf by N. Moroney Trustee 23 May 2025 Page 3
Friends of Whiteheath Infant School Association Independent Examiners Report Independent Examiner's Report to the trustees of Friends of Whiteheath Infant School Association I report to the charity trustees on my examination of the financial statements of Friends of Whiteheath Infant School Association for the year ended 31 August 2024. Responsibilities and basis of report As the charity trustees of the Trust 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 Act and carrying out my examination I have followed all the applicable Directions given by the charity commission under section 145 {51 Ibl of the Act Independent examiner's statement I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material aspect: accounting records were not kept in accordance with section 130 of the Act . or the financial statements do not accord with those records- or the accounts do not comply with the accounting 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 financial statements to be reached. Pradeepan Velayuthan FCMA, CGMA, A, ACIPP Praddy Financial Consultancy Ltd 07 Jardine House Harrovian Business Village Harrow HAI 3EX 23 May 2025 Page 4
Friends of Whiteheath Infant School Association Statement of Financial Activities for the year ended 31 August 2024 Unrestricted funds 2024 Total funds 2024 Total funds 2023 Notes Income and endowments from: Donations and legacies 33,248 33,248 28,322 Total 33,248 33,248 28,322 Expenditure on: Charitable activities 20,782 1,137 20,782 1,137 29,078 2,062 Other Total 21,919 21,919 31,140 Net income/{expenditure) 11,329 11,329 12,8181 Transfers between funds Net income/(expenditure) before other gains/(losses) 11,329 11,329 12,8181 Other gains and losses Net movement in funds 11,329 11,329 12,8181 Reconciliation of funds: Total funds brought forward 14,724 14,724 17,542 Total funds carried forward 26.053 26.053 14,724 Page 5
Friends of Whiteheath Infant School Association Balance Sheet at 31 August 2024 Company No. Notes 2024 2023 Current assets Cash at bank and in hand 26,953 26,953 19001 26,053 18,324 18,324 {3,600) 14,724 Creditors: Amount falling due within one year Net current assets Total assets less current liabilities 26,053 14,724 Net assets excluding pension asset or liability 26,053 14,724 Total net assets 26,053 14,724 The funds of the charity Restricted funds Unrestricted funds General funds 26,053 14,724 26,053 14,724 Reserves Total funds 26,053 14,724 Approved by the board on 23 May 2025 And signed on its behalf by: N. Moroney Trustee 23 May 2025 Page 6
Friends of Whiteheath Infant School Association Notes to the Accounts for the year ended 31 August 2024 l Accounting policies Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {effective I January 2015) (Charities SORP (FRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Change in basis of accounting or to previous accounts There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. Fund accounting Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Income Recognition of income Income is included in the Statement of Financial Activities ISOFAI when the charity becomes entitled to. and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Expenditure Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered. and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Taxation The charity is exempt from corporation tax on its charitable activities. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Page 7
Friends of Whiteheath Infant School Association Notes to the Accounts 2 Income from donations and legacies Unrestricted Total Total 2024 2023 Donations and Legacies 33,248 33,248 33.248 33,248 28,322 28,322 3 Expenditure on charitable activities Unrestricted Total Total 2024 2023 Expenditure on charitable activities Charitable Activities 12,612 8,170 12,612 8,170 12,078 17,000 Grants made 20,782 20.782 29,078 4 Other expenditure Unrestricted Total Total 2024 2023 General administrative costs 237 237 262 Legal and professional costs 900 900 1,800 2,062 1,137 1,137 5 Trustee remuneration and expenses 2024 2023 Number Number The nature of the reimbursed expenses There were no trustee's remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023 6 Staff costs No employee received emoluments in excess of £60,OCK). 7 Creditors: amounts falling due within one year 2024 2023 Accruals 900 3,600 3,600 900 Page 8
Friends of Whiteheath Infant School Association Notes to the Accounts 8 Movement in funds Incoming resources (including Atl other September gains/losses 2023 At31 Resources expended August 2024 Restricted funds: Unrestricted funds: General funds 14,724 33,248 121,919) 26,053 Total funds 9 Analysis of net assets between funds 14,724 33,248 (21,919) 26,053 Unrestricted Total funds Net current assets 26,053 26,053 26,053 26,053 10 Reconciliation of net debt Atl At31 September 2023 August 2024 Cash flows Cash and cash equivalents 18,324 18,324 8,629 8,629 26,953 26,953 Net debt 18,324 8,629 26,953 11 Related party disclosures There were no related party transactions for the year ending 31 August 2024 Page 9
Friends of Whiteheath Infant School Association Detailed Statement of Financial Activities for the year ended 31 August 2024 Unrestricted funds Total funds Total funds 2024 2024 2023 Income and endowments from: Donations and legacies Donations and Legacies 33,248 33,248 33,248 33,248 28,322 28,322 Total income and endowments 33,248 33,248 28,322 Expenditure on: Charitable activities Charitable Activities Grants made 12,612 8,170 20,782 12,612 8,170 20,782 12,078 17,000 29,078 Total of expenditure on charitable activities 20,782 20,782 29,078 General administrative costs, including depreciation and amortisation Bank charges Subscriptions 122 153 153 140 237 237 262 Legal and professional costs Accountancy and bookkeeping 900 900 1,800 1,800 900 900 Total of expenditure of other costs 1,137 1,137 2,062 Total expenditure 21.919 21,919 31,140 Net gains on investments Net income/{expenditure) 11,329 11,329 12,8181 Net income/{expenditure) before other gains/llosses) Other Gains 11,329 11,329 12,8181 Net movement in funds 11,329 11,329 12,8181 Reconciliation of funds: Total funds brought forward 14,724 14,724 17,542 Total funds carried forward 26,053 26,053 14,724 Page 10