2021-12-31-accounts

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Charity Registration Number: 1084152

Thriplow School PTA

Trustees’ Report and Financial Statements For the Year Ended 31[st] December 2021

Thriplow School PTA

Reference and administrative details	1
Trustees’ Report	2-3
Independent Examiner Report	4
Statement of Financial Activities	5
Balance Sheet	6
Notes to the Financial Statements	7-11

Charity Registration Number: 1084152

Thriplow School PTA

Reference and Administrative Details

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Charity name: Thriplow School PTA
Charity registration number: 1084152
Principle office: Thriplow CofE Primary School
School Lane
Thriplow
Royston SG8 7RH
Trustees: Paul Joghee
David Aston
Meghan Bonner (resigned October 2021)
Helen Joyce
Committee: Paul Joghee
David Aston
Meghan Bonner
Helen Joyce
Accountant Chris Hunter
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Thriplow School PTA

Trustees’ Report

The Trustees’ present their report, along with the financial statements, of the Thriplow School PTA for the year ended 31 December 2021. The financial statements have been prepared with the accounting policies set out on pages 7 to 11.

Constitution and objects

Thriplow School PTA is a registered charity.

The Charitable Purpose of the school is to advance the education of the pupils in the school; in particular by:

i) Developing effective relationships between staff, parents and others associated with the school;
ii) Engaging in activities or providing facilities or equipment which support the school and advance the education of the pupils.

Organisation

The Thriplow School PTA is administered by a committee. The Committee members are elected at the Annual General Meeting (AGM) and hold office until the next AGM. Refer to the reference and administration section (page 1) for details of resignations and appointments.

The current active members of the Committee are Paul Joghee, Meghan Bonner, David Aston and Helen Joyce.

Financial review and investment policy

All Committee members have had regards for the guidance issued by the Charities Commission on public benefit when planning activities and making strategic decisions.

Thriplow School PTA aims to maintain reserves consisting of:

i. Reserves to cover biannual ball expenditure to ensure the biannual Thriplow ball can be funded;
ii. General contingency- sufficient cash reserves to cover the next year’s likely expenditure in the event that fundraising efforts do not return sufficient money, The PTA Committee considers it prudent to ensure that unrestricted funds should be sufficient to cover one year’s financial requirements.

Achievements and performance

2021 was designated as a year to raise funds for general support for the school. Funds raised by this method totalled £5,664. Fundraising activities included an Easter hunt, Movie Night, and Christmas raffles for hampers. A combination of modest donations of these funds to school as well as small expenses to run the events meant a small deficit in the year was made of £464. The largest donations were £1,200 toward class Christmas budgets and decorations.

The bi-annual ball, originally planned for 2020 has been postponed again in 2021 due to concerns over the pandemic. A less formal event is planned for Autumn 2022.

The PTA had non-restricted reserves of £16,173 at the end of the year and believes it has enough reserves to provide small scale financial assistance to the school as well as meet its outgoingsl Two very generous donations to the Cornerstone prolect in 2021 enabled it to have enough funds to progres5 to build stage in 2022. Total Cornerstone funds raised In the year were £262,586. The Committee declare they have approved the Annual Report as above. Paul Joghee (Chairman} Date For and on behalf of the Committee

Thriplow School PTA INAependent Examinerfs Report I report to the trustees on my examination of the accounts of the Thriplow School PTA for the year ended 31 Dember 2021. which are set out on pages 5 to 11. Responslbilltles and basls of rewrt As the tharity's trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111.the Acf l. I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Art and in carrying out my examination. I hove followed all the applicable Directions given by the Charity Commission under section 14515){b) of the Act. Independent examlnerfs statement I have completed my examination. I confimi that no material matters have 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 accordan with section 130 of the Chariiies Art: or the accounts did not accord with the accounting records- or the accounts did not comply with the applicable requirements concerning the fom ènd content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connertion 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. Chris Hunter ACA Date: 21 Institute of Chartered Accountsnts of England and Wales 49 Dartmoor Drive Huntingdon PE 29 6XT

Thriplow School PTA

Statement of Financial Activities

for the year ended 31 December 2021

Incoming resources: Charitable activities 2 Donations 2 Interest 2 Total incoming resources Resources expended: Charitable activities 3 Governance costs 3 Total resources expended Transfer of funds Net movement in funds Funds brought forward Funds carried forward	Unrestricted Funds £ 5,497 167 - 5,664 (6,128) - (6,128) - (464) 16,637 16,173	Restricted Funds £ - 262,580 6 262,586 - - - - 262,586 50,902 313,488	Total 2021 £ 5,664 262,580 6 268,250 (6,128) - (6,128) 262,122 67,539 329,661	Total 2020 £ 2,343 4,886 16
				7,245
				(2,097) -
				(2,097)
				5,148
				62,392
				67,539

The notes on page 7 to 11 form part of these financial statements.

For comparatives by funds, refer to note 10.

Thriplow School PTA Balance Sheet foryearended 31 December 2021 2021 2020 CURRENT ASSETS Cash at L)ank and In hand Debtors Prepayments 329,041 65,849 1,050 1,000 1,000 330,041 67,bYY CREDtTORS: amounts falling dijp within t)np year 13801 13601 PIET CURRENT ASSETS NET Assrrs 329,661 329,6GI 67,539 67.539 FUNDS Unrestricted funds Restricted funds Total funds 16,173 313,488 3Z9.661 16,637 50,902 67.539 The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by= Paul Joghee Ichairmanl Date- Il/,. /1 The notÈÉ on p3ges 7 to 11 form part of these financial -tatcment3.

Thriplow School PTA

Notes to the financial statements

for year ended 31 December 2021

1. Accounting Policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and 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 (FRS102) (effective 1 January 2015) – Charitie SORP (FRS102)) Financial Reporting Standard applicable in the UK and Republic Of Ireland (FRS102) and to the Companies Act 2006.

Fund accounting policy

Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.

Restricted funds are those donated for use in a particular area or for specific purposes, the use which is restricted to that area or purpose.

Resources expended

Liabilities are recognised as soon as there is legal or constructive obligation committing to the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category.

Charitable expenditure comprises these costs incurred by the charity in the delivery of activities and services for its beneficiaries. It includes both costs that can be allocated to such activities and those costs of an indirect nature necessary to support them.

Governance costs

Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the costs of any legal advice to trustees on governance or constitutional matters.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property cost by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Fixed assets

Individual fixed assets are initially recorded at cost. No fixed assets were held during the financial period

Depreciation

Depreciation is provided on a straight line basis over the expected useful economic life of the asset.

Thriplow School PTA

Notes to the financial statements

for year ended 31 December 2021

2. Income

2. Income	2. Income
Unrestricted Funds £ Restricted Funds £ Total 2021 £ Unrestricte d Funds £ Restricted Funds £ Total 2020 £ Income from charitable activities Art Competition 284 - 284 - - - Gin Night 355 - 355 - - - Easter Hunt 557 - 557 - - - Fun Run - - 859 - 859 Christmas Raffle 451 - 451 815 - 815 Christmas Quiz 104 - 104 45 - 45 Tea towels - - - - (183) (183) Cake / hot chocolate sales - - - 408 408 Movie Night 567 - 567 - 399 399 Uniform sales 131 - 131 - - - Sunflower Competition 150 - 150 - - - Other 9 - 9 - - - Grants 2,888 - 2,888 - - - Total 5,497 - 5,497 1,719 624 2,343 Income from donations Give as you live - - - - - - Amazon Smile 167 - 167 - 115 115 Other - 262,580 262,580 - 4,771 4,771 Total 167 262,580 262,747 - 4,886 4,886 Interest - 6 6 - 16 16 Total income 5,664 262,586 268,250 1,719 5,526 7,245
Art Competition Gin Night Easter Hunt Fun Run Christmas Raffle Christmas Quiz Tea towels Cake / hot chocolate sales Movie Night Uniform sales Sunflower Competition Other Grants Total Income from donations Give as you live Amazon Smile Other Total Interest Total income
	5,497 - 5,497 1,719 624 2,343
	- - - - - - 167 - 167 - 115 115 - 262,580 262,580 - 4,771 4,771
	167 262,580 262,747 - 4,886 4,886
	- 6 6 - 16 16 5,664 262,586 268,250 1,719 5,526 7,245

3. Resources expended

Gin Night
Grants Paid to school
Donations to the school
School Improvements
NCPTA membership
Lottery license
Grant for Schools
Movie Night
Year 6 leaving Party
Easter hunt
Christmas Quiz
Fun run
School Magazine
Art Competition
Total

Unrestricted
Funds
£
Restricted
Funds
£
Total
2021
£
Unrestricted
Funds
£
Restricted
Funds
£
Total
2020
£
115
-
115
-
-
-
2,888
-
2,888
-
-
-
1,794
-
1,794
1,589
-
1,589
484
-
484
-
-
-
111
-
111
68
-
68
20
-
20
40
-
40
59
-
59
59
-
59
231
-
231
-
217
217
111
-
111
54
-
54
74
-
74
-
-
-
20
-
20
-
-
-
-
-
-
70
-
70
205
-
205
-
-
-
16
-
-
-
-
-
6,128
-
6,128
1,880
217
2,097

Governance costs in the year ended 31 December 2021 totalled £nil (2020: £nil).

4. Trustees’ remuneration and expenses

No Trustees received any remuneration during the year ended 31 December 2021 or 31 December 2020.

5. Taxation

The Company is a registered charity and is, therefore, exempt from tax.

6. Debtors

There were no debtors at the year end (2020: £1,050)

7. Prepayments

Prepayments of £1,000 paid in March 2020 relate to deposits for caterers for the ball, originally earmarked for Autumn 2020. The ball has been delayed to Autumn 2022. Conversations

continue with the ball caterers about whether to use this payment at a smaller event to recover it.

8. Creditors: amounts falling due within one year

Creditors totalling £380 in the year ended 31 December 2021 (2020: £360) related to accruals.

9. Analysis of funds

Unrestricted funds Cornerstone project Total Unrestricted funds Cornerstone project Total	At 1 January 2021 £ 16,637 50,902 67,539 At 1 January 2020 £ 16,799 45,593 62,392	Incoming resources £ 5,664 262,586 268,250 Incoming resources £ 1,719 5,526 7,245	Resources expended £ (6,128) - (6,128) Resources expended £ (1,880) (217) (2,097)	At 31 December 2021 £ 16,173 313,488
				329,661
				At 31 December 2020 £ 16,637 50,902
				67,539

10. Prior year Statement of Financial Activities by fund

Incoming resources: Voluntary income 2 Total incoming resources Resources expended: Charitable activities 3 Total resources expended Net movement in funds Funds brought forward Funds carried forward	Unrestricted Funds £ 1,719 1,719 (1,880) (1,880) (161) 16,799 16,637	Restricted Funds £ 5,526 5,526 (217) (217) 5,309 45,593 50,902	Total 2020 £ 7,245 7,245 (2,097) (2,097) 5,148 62,392 67,539	Total 2019 £ 33,522
				33,522
				(1,677)
				(1,677)
				31,845
				30,547
				62,392

Thriplow School PTA

Thriplow School PTA

Contents

Thriplow School PTA

Reference and Administrative Details

Thriplow School PTA

Trustees’ Report

Constitution and objects

Organisation

Financial review and investment policy

Achievements and performance

Thriplow School PTA

Statement of Financial Activities

for the year ended 31 December 2021

Thriplow School PTA

Notes to the financial statements

1. Accounting Policies

Basis of preparation

Fund accounting policy

Resources expended

Governance costs

Support costs

Fixed assets

Depreciation

Thriplow School PTA

Notes to the financial statements

for year ended 31 December 2021

2. Income

3. Resources expended

4. Trustees’ remuneration and expenses

5. Taxation

6. Debtors

7. Prepayments

8. Creditors: amounts falling due within one year

9. Analysis of funds

10. Prior year Statement of Financial Activities by fund