Charity Registration Number: 1084152
## **Thriplow School PTA**
Trustees’ Report and Financial Statements For the Year Ended 31[st] December 2021
## **Thriplow School PTA**
## **Contents**
|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|
2
Charity Registration Number: 1084152
## **Thriplow School PTA**
## **Reference and Administrative Details**
**----- Start of picture text -----**
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
**----- End of picture text -----**
1
## **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.
2
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.
5
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.
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## **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**|
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## **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
9
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
## **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**|
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