Charity Registration Number: 1084152 Thriplow School PTA Trustees, Report and Financial Statements For the Year Ended 31" December 2024
Thriplow School PTA Contents Reference and administrative details Trustees, Report Independent Examiner Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7-11
Charity Registration Number.. 1084152 Thriplow School PTA Reference and Admlnlstrative Detalls Charity name: Thriplow School PTA Charlty registration number: 1084152 Principle office.. Thriplow CofE Primary School School Lane Thriplow Royston SG8 7RH Trustees: David Aston rh Helen Joyce (resigned 29 April 2025) th Meghan Bonner (resigned 29 April 2025} Rachel Leech (joined 29, April 20251 th Natasha Burford (joined 29 April 20251 th Harriet Bannington ljoined 29 April 2025) David Aston Meghan Bonner Helen Joyce Rachel Leech Natasha Burford Harriet Bannington Chrls Hunter Commlttee: Accountant
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 2024. The financial statements have been prepared with the accounting policies set out on pages 7 to 11. Constltution 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,. il Developing effective relationships between staff, parents and others a5S0Cl8ted with the school,. ill Engaglng 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 IAGMI and hold office until the next AGM. Referto the reference and administration section Ipage 11 for details of resignations and appointments. The current active members of the Committee are, Meghan Bonner, David Aston and Helen Joyce. Financial review and Investment pollcy 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: Reserves to cover biannual Tipi event expenditure to ensure the biannual Thriplow Tipi event can be funded; 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 2024 was a good year of fundraising for the school. The highlight of fundraising was the Summer Solstice Event which raised £8,824 net of expenses. The Daffadil Weekend 2024 also raised £4,266 for the school net of expenses There was a conscious effort in 2024 to use surplus funds to help support the school. £7,917 of donations were made to the school, supporting learning improvements as well as the young Voices Choir Trip and the Year 6 Residential. The Cornerstone project cornpleted in 2024, and the new classroom is now in use.
N3tBsha Burford (Deputy Chair) Date For and on behalf of the Committee
Thrlplow School PTA Independent Examlnerf$ Report I report to the trustees on my exairiinatlon of the accbunts of the Thriplow School PTA for the year ended 31 December2024, whlch are Set out on pages 5 to 11. Responslbllltles and basis of report As the charity's trustees, you are responsible for the preparation of the accounts In accordance with the requlrements of the Charltles Act 20111"the Acf). I report In respect of my examinatlon of the Trusys accounts carrled out under section 145 of the 2011 Act'and in tarrylng out my examlnatlon, I have followed all the appllcable Dlréttions given by the Charlty Commission under sertlon 145(5}{b) of the Act. Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connectlon with the examlnation whlch glves me cause to believe that In, any materlal respect: the accountlng records were not kept in accordance with sertion 130 of the Charities Act," or the accounts did not accord wlth the accountlng records; or the accounts dld not comply wlth the appliGble requirements concernin8 the form and content of accounts set out in the Charitles (Accounts and Reports) Regulations 2008 other than any requirement thatthe accounts give a 'true and falrf vlewwhlch is not a matter consldered as part of an Independent examination. I have no concerns and have Come across no other matters In connection wlth the examination to which attention should be drawn'ln this report In order to enable a proper understsnding of the accounts to be reached. Chris Hunter ACA Date: Zl Institute of Chartered Accountants of England and Wale5 49 Dartmoor Drlve lioli Huntlngdon PE 29 6XT
Thriplow School PTA Statement of Flnanclal Actlvlties for the year ended 31 December 2024 Unrestrlcted Funds Restricted Funds Total 2024 Total 2023 Incoming resources: Charitable activities Donations Interest 29,704 15 29,704 15 66 8,971 66 401 Total incoming resources 29,719 66 29,785 9,372 Resources expended: Charitable activities Governance costs 123,0731 1351 123,1081 1322,4431 Total resources expended (23,073) {35) 123,108) 1322,443) Net movement in funds 6,646 31 6,677 {313,072) Funds brought forward Funds carrled forward 26,609 33,255 5,865 5,896 32,474 39,151 345,545 32,474 The notes on page 7 to 11 form part of these financial statements. For comparatives by funds, refer to note 10.
Thriplow School PTA Balancè Sheèt foryear ended 31 December 2024 2024 2023 CURREKf ASSFfS Cash at bank and In hand Debtors Prepayments 39.511 32,889 1,195 395 CREDITORS= amounts falling due withln one year 1360) {1,6101 NEfcuRRENT ASSErs NEfASSErs 39.151 32A74 FUNDS Unrestiicted funds Restricted funds Tolal funds 33255 96 26,609 Theflnanclal $tstementsWe approved and authorised for issue bythe Trustees and signed on theSr behalf by: Natssha Burfofd (Deputy Chair) Date: The note5 on page5 7 to 11 fom) part of these financial statements.
Thriplow School PTA Notes to the flnancial statements for year ended 31 December 2024 l. Accountln Pollcles 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 preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and republic of Ireland IFRS1021 (effective l January 2015}- Charitie SORP IFRS1021) Flnanclal Reporting Standard applicable in the UK and Republic Of Ireland IFRS10213nd to the Companies Act 2006. Fund accounting pollcy 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 construttive obligation committing to the charity to the expenditure. AIS 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 meetlngs 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. Depreciation Depreciation is provided on a straight line basis over the expected usef ul economic life of the asset.
Thriplow School PTA Notes to the flnanclal statements lor year ended 31 December 2024 Income Unrestricted Funds Restricted Total Funds 2024 Unrestricte d Funds Restricted Funds Total 2023 Income from charltable activities Summer Solstice 20,026 20,026 Daffodil Weekend Tea Room 7,389 7,389 5,686 5,686 Fun Run 383 383 Christmas Hampers 532 532 447 447 Easter hampers 73 73 Cake / Ice cream sales 346 346 379 379 Movie Night 1,031 1,031 Disco 300 300 493 493 School Event refreshments 441 441 229 229 Christmas Cards 158 158 Other 56 56 Grants 501 501 Total 29,704 29,704 8,766 8,766 Income from donations Amazon Smile 205 205 Other 15 15 Total 15 15 205 205 Interest 66 66 401 401 Total Income 29,719 66 29,785 8,971 401 9,372 3. Resources ex ended
Unrestricted Funds Restricted Funds Total 2024 Unrestricted Restricted Funds Funds Total 2023 Summer Solstice 11,202 11,202 Daffodil Weekend 3,123 3,123 1,024 1,024 Event Refreshments 44 44 Ice cream sale 29 29 121 121 Other 40 40 93 93 Donatlons to the school 7,917 7,917 16,287 16,287 NCPTA membership 153 153 140 140 Lottery license 20 20 Plants 47 47 122 122 Movie Night 91 91 414 414 Year 6 leaving Partv 250 250 211 211 Dlsco 143 143 275 275 Cornerstone 35 35 303,539 303,539 Card reader 23 23 Website subscription 173 173 Total 23,038 35 23,073 18,904 303,539 322,443 Governance costs in the year ended 31 December 2024 totalled £nil12023: £nill. 4. Trustees, remuneration and ex enses No Trustees received any remuneratlon during the year ended 31 December 2024 or 31 December 2023. 5. Taxation The Company is a registered charity and is, therefore, exempt from tax. 6. Debtors There were no debtors at the year end12023: £01 7. Pre ments There were no prepayments in 2024 as no large 2025 event12023: £1,195 for the 2024 Summer Solstice} 8. Creditors: amounts fallin due withln one ear
Creditors totalling £360 in the year ended 31 December 2024 {2023.' £1,610) related to accruals. 9. Anal sis of funds Atl January 2024 At31 December 2024 Incomlng re50urtes Resources expended Unrestricted funds Cornerstone project Total 26,609 5,865 32,474 29,719 66 29,785 123,0731 135} 123,108) 33,255 5,896 39,151 Atl January 2023 At31 December 2023 Incoming resources Resources expended Unrestricted funds Cornerstone project Total 36,542 309,003 345,545 8,971 401 9,372 118,9041 1303,539) (322,443) 26,609 5,865 32,474 io
- Prior year Statement of Flnanclal Actlvltles by fund Unrestrlcted Funds Restricted Funds Total 2023 Total 2022 Incomlng resources: Voluntary Income 8,971 401 9,372 37,942 Total Incomlng resources 8,971 401 9,372 37,942 Resources expended: Charitable activities (18,9041 {303,5391 1322,4431 122,0581 Total resources expended {18,904) (303,539) {322,443) 122,058) Net movement In funds (9,933) (303,138) {313,072) 15,844 Funds brought forward Funds carrled forward 36,542 26,609 309,003 5,865 345,545 32,474 329,661 345,545 li