2024-08-31-accounts

Trustees’ Annual Report for the period

From 1/09/2023 Period start date To 31/08/2024 Period end date Charity name: Friends of Silverstone School Charity registration number: 1072339

Objectives and Activities

Objectives and Activities	Objectives and Activities	Objectives and Activities
SORP reference
Summary of the purposes of the charity as set out in its governing document Para 1.1 The object of theAssociationis to advance the education of pupils in the school. In furtherance of this object the association may:  Develop more extended relationships between the staff, parents and others associated with the school.  Engage in activities which support the school and advance the education of the pupils attending it.  Provide and assist in the provision of such facilities or items for education at the school (not provided from statutory funds) as the committee in consultation with the Governing Board shall from time to time determine.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19 Friends of Silverstone School is a group of parents and staff volunteers. This group raises money for the school by running an extremely active and varied programme of events throughout the school year. The Association holds regular committee meeting where staff, parents and others associated with the School are always welcome to participate.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Association’s aims and objectives and in planning future activities.

Achievements and Performance

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SORP
reference
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SORP reference	SORP reference	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The FoSS Association has had another busy year, running extremely successful fundraising and community events such as Discos, Easter Raffle and Colour Run. FoSS contributed £20,527 to the school; this predominately relates to technology (£2,000) notebooks and sports equipment (£5,200) Basketball Hoops. Other notable contributions to school during 2023 / 2024 relate to school trips & swimming coaches (£3,668) and contributions to the cost of subscriptions, Apps & memberships (£1,250). FoSS also contributed towards the cost of curriculum books, sport workshops and SATS books for Year 6.

Financial Review

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Review of the charity’s Para 1.21 Opening Balance at September 2023 was £14,640.92.
financial position at the end Gross income from events was £50,837.76 with
of the period expenses totalling £51,410.84 plus fees of £395.07
leaving a closing balance at £13,672.77 at the end of
August 2024.
Statement explaining the Para 1.22 The Association may set aside funds for special
policy for holding reserves purposes or as reserves against future expenditure
stating why they are held
Amount of reserves held Para 1.22 The savings reserves as at 31 [st] August 2022 were
£5,024 (at 31 [st] August 2023 were £5,088) as shown in
the accounts, of which all is allocated to support
ongoing funding promises towards school trips and
activities, school participation in clubs and Yr 6 specific
purchases and not available for use by the PTA.
Reasons for holding zero Para 1.22 Not applicable
reserves
Details of fund materially in Para 1.24 Not applicable
deficit
Explanation of any Para 1.23 Not applicable
uncertainties about the
charity continuing as a going
concern
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Structure, Governance and Management

Description of charity’s trusts:

Type of governing document	Para 1.25	The present constitution of Friends of Silverstone School Association was approved by the Charity Commission October 2023.
How is the charity constituted?	Para 1.25	The Charity is constituted as an Association
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Committee officers (trustees) are elected at the AGM and hold office until the next AGM.

Reference and Administrative details

Charity name	Friends of Silverstone School
Other name the charity uses	FoSS
Registered charity number	1072339
Charity’s principal address	Silverstone CE Primary School, Towcester Road, Silverstone, Northants, NN12 8UB

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Katy Coles Chair FoSS AGM
2 Rachel Cashmore Chair FoSS AGM
3 Emma Kelly Treasurer FoSS AGM
4 Bethan Fanthorpe Secretary FoSS AGM
5
6
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Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	Not applicable
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	Not applicable
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	Not applicable

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

Other optional information

Not applicable

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees eee ey = eee

Signature(s) es ioe * f i Full name(s) Katy Coles ths Calae Emma Kelly Position Chair Treasurer (eg Secretary, Chair, etc) Date 02.02.2025

Prepared By Emma Kelly Date 31.10.2024

FRIENDS OF SILVERSTONE SCHOOL

Registered Charity 1072339

2023/2024 Accounts Summary

Opening Balances 1st Sept 2023 Bank Account 9,275.97 £ Savings Account 5,024.61 £ Paypal 223.39 £ Stripe 13.95 £ Petty Cash 103.00 £ TOTALS 14,640.92 £
Event Summary Description Spend Interest Gained - Savings Account - £ Donations to FoSS 22,000.00 £ FoSS General Expenses 1,571.44 £ Your School Lottery - £ Rag Bag - £ The Ink Bin - £ 2nd Hand Uniform 228.00 £ School Reserve Spend 8,944.50 £ School Wish List Spend 11,582.70 £ Welcome Coffee Morning 99.39 £ Wreath Making Workshop 518.38 £ Frozen Friday - Autumn Term 27.32 £ Autumn Disco 227.77 £ Harvest Festival - £ Christmas Cards 48.89 £ Christmas Gifts 354.57 £ Elfridges 1,410.97 £ Carols in the courtyard 360.95 £ Hot Chocolate 43.60 £ Nativity Refreshemnts 32.88 £ Glow Disco 319.50 £ Easter Raffle 81.67 £ Motherbys 529.17 £ Doughnut Friday - Spring Term 73.64 £ Easter Fair 210.87 £ Leavers Hoodies 194.50 £ Colour Run 1,090.25 £ Doughnut Friday - Summer Term 238.06 £ Frozen Friday - Summer Term 552.11 £ Fathers Day Shop 321.88 £ Summer Disco 282.98 £ Sports Day/ Rainbow Raffle 44.85 £ Yr 6 Performance Refreshments 20.00 £ Event 51,410.84 £	Fees Raised Profit/Loss - £ 63.69 £ 63.69 - £ 30,429.45 £ 8,429.45 - £ - £ -1,571.44 - £ 1,175.40 £ 1,175.40 - £ 208.60 £ 208.60 - £ 25.94 £ 25.94 35.19 £ 757.69 £ 494.50 - £ - £ -8,944.50 - £ - £ -11,582.70 1.35 £ 22.00 £ -78.74 23.08 £ 970.20 £ 428.74 0.15 £ 97.30 £ 69.83 34.95 £ 1,019.30 £ 756.58 0.68 £ 63.00 £ 62.32 - £ 312.38 £ 263.49 - £ - £ -354.57 50.49 £ 1,870.20 £ 408.74 5.72 £ 1,011.30 £ 644.63 - £ - £ -43.60 0.73 £ 57.00 £ 23.39 35.59 £ 1,192.90 £ 837.81 58.03 £ 2,284.50 £ 2,144.80 32.34 £ 791.80 £ 230.29 0.38 £ 108.00 £ 33.98 12.69 £ 698.40 £ 474.84 8.10 £ 250.00 £ 47.40 - £ 2,991.30 £ 1,901.05 9.29 £ 440.40 £ 193.05 9.64 £ 1,432.71 £ 870.96 26.41 £ 752.60 £ 404.31 33.68 £ 970.70 £ 654.04 14.97 £ 655.00 £ 595.18 1.61 £ 186.00 £ 164.39 395.07 £ 50,837.76 £ 968.15 -£
SUMMARY Gross Income 50,837.76 £ Expenses 51,410.84 £ Fees 395.07 £ Net Income 968.15 -£
Account Balances Bank Account 7,916.46 £ Savings Account 5,088.30 £ Paypal - £ Stripe - £ Zettle - £ Peoples Fundraising - £ Petty Cash 200.01 £ Accrued Expenses (2024-2025) 468.00 £ TOTALS 13,672.77 £
Reserves Balances 2023-2024 School Reserve 3,065.50 £ FoSS Reserve 2,000.00 £ STEM Resources 2,496.23 £ PDET - Lighthouse Trust 200.00 £ Projector 600.00 £ Space Week 500.00 £ Diwali 500.00 £ TOTALS 9,361.73 £
AVAILABLE SPEND 4,311.04 £

Address: c/o Silverstone CE Primary, Towcester Road, Silverstone, NN12 8UB Email: [e-mail]

CHARITY (OMMISSION FOR ENGLAND AND WALES Independent examlnerfs report on the accounts Section A Independenl Examlner's Reporl Report to tho tru•te•8ldlr•ctor•l member• of FRIENDS OF SILVERSTONE SCHOOL On accounts for th• year ended 31ST AUGUST 2024 Charfty no.: 1072339 Company no.: Set out on pages Page 3 ernbe t fad I report to the charity trustees on my examination of the accounts of the Company for the year ended As the charity's trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act.). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. Responsibilltoes and basis of report Independent examiner's ststement I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ") which gives me cause to believe that: accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts do not accord with such records; or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or .the accounts have not been prepared in accordance with the Charities SORP (FRS102). IER October 2018

I have no concem8 and have ccKn8 acxoss no othef matters in Conf￿1"0n with the examination to which 8ttention should t* drawn in thls report in order to enable a proper under3tanding of the accounts to be reached. Ple8S8 delete the words in the brackets rf they do not 8ppIy Slgned: Dats: 30 oiioz Name: LUCI4 STtTrlE Relevant profe881onal qualiflcatlon(s) or body (If any): AT Address: Ifj MtTr(SOLJ LLO%r tlJs Section B Disclosure Only complete if the examiner needs to highlight material matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Glve here brief detalls of any items that the examiner wishes to disclose. IER October 2018

FRIEhDS 0$ YLVERSTOKÉ SOICAX 202J12024 A¢tArtJ Iivppj 1 917% s•yEJ tkn•tlm• ID loss IVSS G•n•_Trl khool lrtl•ry Illa Th• In& 2nd frl•Trd Uftffrm Sfhool A•wTr• Spftd khool ( I £ LS7L41 C ( LX75• 2$ •a J5Zg C 4W5Q .ILglX 22ffJ 2JA• £ 4x74 AY Wrn•th MJkln4 Wofthop Fmi•fi Iikl•y. Aulurnfi T•rni Autumn Dlwxj Z7J2 £ 2Z7 77 M.•S C Lmg JJ, U92 4AJ9 C YYJ7 I L410.97 £ J60.95 C 43KI £ 5￿£ 31950 C 81.67 C 529.17 £ 7J64 £ 21017 £ 19430 £ L¢MI 25 £ 238CS £ 55ZII £ 321.81 £ 28198 £ 44.8S £ 20.CLI £ Ev•nt £ 5L410J4 £ ChrtAnM• Canli Chridm•i Gfftl Illrfde•g C•rnli kn th• cwrty•nl 4x74 sn £ LOU Ja> 2JJ9 07) £ 3S59 £ LIJZYI $803 £ UYSO Jts4 C rn 030 £ 1169 £ &Jo £ 350 CA> £ U9130 9.29 £ 9.64 £ 1,43171 26.41 £ 7S160 33.68 £ 97Q70 654.04 14.97 £ 655.CK) 59S.18 186.cLI 164.39 1.61 £ 395.07 £ 50,137.76 4 ￿.1$ Glow DIKO E••l•r Aaffl• Molh•f Lkntyhnut Fthy. SwlnA T•n 1144 29 co 474 •4 47.40 LgJLOS 193.05 96 L••v•n Moodl co1￿¢ Aun oTh￿nUt Frhl•y . Surnm•f T•rni Frnt•n Ffhl•y- Surnm•r T•rni F•th•n Day Shop Sumrner Dlxo S￿$ D•y/ Rllnbow R•fr Yr 6 p•rfoffl￿TrC• R•frthrn•nts Gross In¢om• £ 50,137.76 £ 5L410.14 395.07 Net Incorne Bank A(C￿l￿t 7,91&46 5,088.30 Payp•l Peoples Fufbdr•ls1 Petty Cash £¢Tu•d ExpnMs (2024.2025) 2c￿.01 468.cll TOTA13 £ 13,6n.77 202>2024 School R•5efV• FOSS Res•rv• STEM Resourc Pl)Ef . LWhous• Tfust Pro￿￿Or Syc• W•ek Dlwall 3,1%5.50 £, 2,496.23 2￿.(￿) soo. TOTALS C 9,361.73 AVAILABLE SPEND £ 4 31L04 Address: c/0 S51verstone CE Prlmary, Towcester Road, Sllverstone, NN12 8UB Emall: [e-mail]