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2023-07-31-accounts

FOSA 2022-23 Financial Report

2022-23 saw the return of our Christmas Fair, which along with Fireworks Night and the Summer Event (Film Night), are the big fundraising activities. Our fundraising activities were boosted this year by PLUS (our Pre-Loved Uniform Shop founded in the latter part of last year), class cake and book sales.

Unfortunately, uptake was low and we weren’t able to host our regular quiz night. Changes to Amazon policy also meant we lost Smile donations part-way through the year (for context, this was worth £479 last year).

However, we were still able to contribute £2450 to the school for iPads, easter eggs and Christmas party this year. Additionally, plans to invest in on-site storage for PLUS were withdrawn, as existing school facilities were repurposed as storage. We purchased a supply of reusable tokens, which have been used at big events - selling them to those carrying ‘card only’ to spend on smaller stalls.

Some of the fundraising profits (where ‘profit’ = income - any expenses) for the year:

At the end of year, our balance was £11800. All figures are to 31st July 2023, for the school year 2022-23.

FOSA exists to provide our school with extras, to make our children's school journey more memorable. In previous years, we have been able to provide funds in support of:

FRIENDS OF ST ALBAN'S (Charity no. 1083161)

ANNUAL ACCOUNTS FOR YEAR ENDING 31ST AUGUST 2023

Income for the period 1st September 2022 to 31st August 2023

Fundraising events £
Amazon Smile 711.86
Bags 2 School 157.00
Christmas Fair 7,027.01
Cinema 5,008.49
Class Sales 1,403.19
Donations 350.00
Easy Fundraising 68.70
Elmbridge Lottery 75.50
Fireworks 6,123.28
PLUS 5,448.44
Quiz Night 371.09
Total for the period 26,744.56
Expenses for the period 1st September 2022 to 31st August 2023
Fundraising events £
Admin expenses 175.97
Christmas Fair 3,368.33
Cinema 3,544.65
Fireworks 3,866.89
PLUS 2,475.25
Quiz Night 71.18
Reusable Tokens for events 565.97
School Donation 1,400.00
School Easter Eggs 350.00
School iPads 700.00
School Teachers Gifts 143.85
Y6 Leavers Book 996.42
Total for the period 17,658.51
Cash Balance & Movements for the year ended 31st August 2023
Opening cash balance at 1st September 2022 2,716.57
Receipts during the period 26,744.56
Payments during the period (17,658.51)
End cash balance at 31st August 2023 11,802.62

Independent report

I have examined the bank statements and records of The Friends of St Alban's (Charity no. 1083161) and can confirm that the enclosed statement of cash flow and income and expenditure for the period ended 31st August 2023 are a true representation of the records and information supplied.

Daiana Dal Col Date 28th May 2024 Chartered & Certified Accountant FCCA