FRIENDS OF POWELL CORDEROY SCHOOL Year ending 31 August 2024 Charity Number 1081404 FRIENDS OF POWELL CORDEROY SCHOOL TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENT FOR THEYEAR ENDING 31AUGUST 2024 FRIENDS OF POWELL CORDEROY SCHOOL Year ending 31 August 2024 Trustees, Re ortforthe eriod endin 31Au ust 2024 The Trustees are pleased to present their report together with the accounts of Friends of Powell Corderoy School, known as FOPCS, (the charity) for the year ending 31 August 2024. Ob'ectives and Activities Friends of Powell Corderoy School is a volunteer led charity dedicated to enriching the educational experience of pupils at Powell Corderoy School. Our primary objectives are to: Foster a strong school community through inclusive events and activities. Raise funds to support school projects, resources and pupil experiences not otherwise covered by the school budget. The PTA works in close partnership with the school to identify funding needs and ensure that every pound raised directly benefits the children. Achievements and Performance During the 2023-24 academic year, the PTA delivered a number of successful fundraising events and initiatives, which were well supported by the school community. Fundraising highlights included: The Christmas Fair which raised £3,320.70 A spectacular Fireworks Night raising £3,285.36 The Summer Fair generating £2,854.08 Generous external donations totaling £6,857 Contributions from Easy Fundraising, Bag 2 School and other passive income sources These events and effort5 contributed to a strong financial outcome and fostered a sense of connection among families, staff and pupils. Financial Review We began the year with a bank balance of £10,932.53. Our total expenditure for the year amounted to £13.125.66. Comprising of: Event and Operating Costs- £11.052.66 School Contributions and Projects- £2,073.00 School Contributions and Projects included- A Star Tent to enhance outdoor learning I£1.500.￿) Support for the Junior Citizens programme1£319.00} Year 6 Leavers, T-Shirts1£254.001 Net income for the year was £16,102.93, resulting in a strong closing bank balance of £27,035.46 as of 31st August 2024. FRIENDSOF POWELL CORDEROY SCHOOL Year ending 31 August 2024 Future Plans A significant portion of our closing funds has been allocated for the development of a new trim trail on the school grounds. This outdoor play and fitness area will provide all pupils with opportunities for active play. coordination and enjoyment. Representing a long lasting legacy of this yearfs fundraising efforts. Looking ahead, we will continue to run our popular seasonal events while seeking fresh ways to engage the school community and support new initiatives in partnership with the school leadership. Structure Governance and Mana ement Friends of Powell Corderoy School PTA is a registered charity, managed by a committee of elected trustees and parent volunteers. The committee meets regularly to plan events, review financial performance and approve expenditure in line with the chariws objectives. All decisions are made collectively and in consultation with school staff to ensure funds are used appropriately and with maximum impact. Constitution The constitution of the charity was adopted on 22 May 2000 and is based on the model constitution for Parent Teacher Associations in England and Wales as provided by Parentkind at that time. Reference and administrative details Charity Name: Financial Year: Charity number: Email: Contact address: Friends of Powell Corderoy School 1st September 2023 - 31st August 2024 1081404 cs Powell Corderoy School, Longfield Rd, Dorking RH4 3DF The trustees at the date this report was approved are as follows: Emma Margolis (Chair} Denise Austin (Treasurer) Sarah Pendry (Trustee) Ele5e Marie Fisher (Trustee) Conclusion We are extremely proud of our achievements this year and deeply grateful for the commitment and generosity of our volunteers. school staff, families and supporters. Thanks to your efforts, we have raised valuable funds, delivered meaningful experiences and laid the groundwork for a lasting legacy through our planned trim trail project. We look forward to another successful year of supporting Powell Corderoy School and its wonderful pupils. th Approved by the trustees on 27 June and signed on their behalf by.. Emma Margoli5- air of Trustees Friends of Powell Corderoy School FRIENDS OF POWELL CORDEROYSCHOOL Year ending 31 August 2024 ACCOUNTS FOR THE 12 MONTHS TO 31 AUGUST 2024 RECEIPTS AND PAYMENTS ACCOUNT 2024 2023 Notes Income Fundraising Activites Restricted Grant Received Safer Travel External Donations Total Income 21,009.59 18,590.47 1,112 7,107 29,228.59 18,S90.47 Expenditure Donations to the school Cost of fundraising events and other expenditure Safer Travel Costs Total Payments 2,073 14,646.07 9,932.06 7,362,29 1,120.60 13,125.66 22.008.36 Receipts le55 payments 16.102.93 (3,417.89) Fund balances at I September (start of period) 10,932.53 14.350.42 Fund balances at 31 August {end of period} 27,035.46 10,932.53 Notes to the Financial Statements For the year ended 31 August 2024 l. Restricted Funds- Safer Travel Grant A grant of £1,112 was received during the year for the Safer Trovel initiative. This funding was treated as a restricted fund and used specifjcally for promoting safer and more sustainable travel options for students. The full amount was spent during the year. and no restricted balance remains at year-end. 2. Accounting Basis These accounts have been prepared on a receipts and payments basis, with minor adjustments to reflect unbanked cheques at the year end. A5 an unincorporated charity with gross income below £250,000. the PTA is not required to prepare accrual-based accounts, but the trustees believe this presentation offers a clearer view of the charity's financial p051tion. 3. Fund Accounting The PTA maintains a general unrestricted fund to support its activities. Restricted funds are separately accounted for and are only used for the purposes specified by the donor or grant provider. For the year ended 31 August 2024. one restricted fund was received and fully utilised (see Note 11. Approved by the board of trustees on 27June 2025 and signed on its behalf. Denise Austin Independent Examiner's Report to the Trustees of Friends of Powell Corderoy School PTA I report on the accounts of the charity for the year ended 31 August 2024, which are set out in the accompanying financial statements. Responsibilities of Trustees and Examiner The charity's trustees are responsible forthe preparation of the accounts. The trustees consider that an audit is not required forthis year under section 144 of the Charities Act 2011 and that an independent examination is appropriate. It is my responsibilityto: examine the accounts under section 145 of the Charities Act 2011; follow the procedures laid down in the generaL directions given by the Charity Commission {under section 145(5)(b) ot the Charities Act); and state whether particular matters have come to my attention. Basis of Independent Examiner's Statement My examination was carried out in accordance with general directions issued by the Charity Commission. The examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide alLthe evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a'true and fairview,. Independent Examiner's Statement In connection with my examination, no matter has come to my attention". which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the Charities Act 2011.and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2011 h8ve not been met. or or any other matter that. in my opinion, should be brought to attention to ensure a proper understanding of the accounts. Independent Examiner's Signature: Name of Independent Examiner: O-/ Relevant qualification (if any): KJ (' c /) Date: Address: