## **THE FRIENDS OF OAKFIELD PRIMARY SCHOOL** Charity Number: 1084247 **TRUSTEE ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2024** ## **THE FRIENDS OF OAKFIELD PRIMARY SCHOOL** ## **CONTENTS FOR THE YEAR ENDING 31 AUGUST 2024** ||Page| |---|---| |Legal & administration information|1| |Independent examination report|2| |Receipts and payments account|3| |Assets and liabilities|4| |Notes forming part of the financial statements|5-6| ## **THE FRIENDS OF OAKFIELD PRIMARY SCHOOL** ## **TRUSTEE AND CHAIRMAN'S REPORT FOR THE YEAR ENDING 31 AUGUST 2024** ## **Charity Registration Number:** 1084247 ## **Trustees:** Laura Martin (resigned September 2023) Laura Cheddad Victoria Peters Cara O'Keeffe Alexis Bailey (resigned September 2023) Elizabeth Gower Leigh Waterhouse ## **Charity Offices:** Oakfield Primary School Scott Drive Wickford SS12 9PW ## **Independent Examiners:** Community360 Winsley's House High Street Colchester CO1 1UG **1** ## **THE FRIENDS OF OAKFIELD PRIMARY SCHOOL** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDING 31 AUGUST 2024** I report on the accounts of The Friends of Oakfield Primary School for the year ended 31 August 2024 which are set out on pages 3 to 6. ## **Respective responsibilities of trustees and examiner** The Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year (under section 144 (2) of the Charities Act 2011 (The Act) but that an independent examination is needed. It is my responsibility to: - Examine the accounts under section 145 of the Charities Act, - To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act, and - To state whether particular matters have come to my attention. ## **Basis of independent examiner’s Statement** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An 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 considerations of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In the course of my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair' view which is not a matter considered as part of an independent examination. I have come across no other matters in connection 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. David Courtier FMAAT AATQB for and on behalf of: Community360 Winsley’s House, High Street, Colchester, Essex Date 21/05/2025 **2** ## **THE FRIENDS OF OAKFIELD PRIMARY SCHOOL** ## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING 31 AUGUST 2024** |**Notes**
**Income**
Income from charitable activities
**2**
**Total income**
**Expenditure**
General expenses
Subscriptions/licenses
Transfers to Oakfield School
Professional fees
Insurance
Event costs
Other purchases
**Total expenditure**
**Net income**
Total funds brought forward
**Total funds carried forward**|**Total**
**Funds**
**2024**
**£**
35,116
**35,116**
1,466
20
9,144
266
153
11,565
997
**23,612**
**11,504**
16,843
**28,347**|**Total**
**Funds**
**2023**
**£**
33,459| |---|---|---| |||**33,459**| |||483
20
14,866
258
140
13,086
-| |||**28,853**| |||**4,606**| |||12,236| |||**16,843**| The notes on page 5 and 6 form an integral part of these financial statements. **3** ## **THE FRIENDS OF OAKFIELD PRIMARY SCHOOL** ## **ASSETS AND LIABILITIES ACCOUNT AS AT 31 AUGUST 2024** |||**2024**|**2023**| |---|---|---|---| ||**Notes**|**£**|**£**| |Cash at bank and in hand||28,347|16,843| |||**28,347**|**16,843**| |**Represented by funds**|||| |Unrestricted funds||28,347|16,843| |||**28,347**|**16,843**| |**Non Monetary Assets and Liabilities**|||| |Tangible assets|**6**|3,192|3,395| |**Creditors due within one year**|||| |Community 360||225|250| |||**225**|**250**| These accounts were approved by the trustees: 20th May 2025 ~~Lye~~ Signed Date By: Elizabeth Gower **4** **THE FRIENDS OF OAKFIELD PRIMARY SCHOOL** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31 AUGUST 2024** ## **1. Accounting Policies** ## **Basis of the preparation of the accounts** These financial statements have been prepared under the historical cost convention and applicable accounting standards. The accounts are prepared on a cash basis. ## **Incoming resources** All material incoming resources have been included on a receivable basis i.e. they are included if the date receivable falls within the period covered by these accounts. ## **Resources expended** These have been analysed using a natural classification. ## **Going Concern** The charity is operating on a going concern basis. ## **2. Income from charitable activities** |Event income
Donations
Lottery income
Sponsored events
Sale of items|**Total**
**Funds**
**2024**
**£**
30,860
40
706
467
3,042
**35,116**|**Total**
**Funds**
**2023**
**£**
29,692
1,379
1,044
754
591| |---|---|---| |||**33,459**| ## **3. Resources Expended** In 2024 £Nil worth of expenditure was from restricted monies (2023: £Nil). ## **4. Staffing** The charity employed Nil staff during the financial year (2023: Nil). ## **5. Trustee expenses** During the year, the trustees were paid a total of £12,050 (2023: £6,812) for reimbursement of expenses. No trustee received any remuneration in the period. **5** ## **THE FRIENDS OF OAKFIELD PRIMARY SCHOOL** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31 AUGUST 2024** |**6. Tangible Assets**
**Items held by the charity:**
Slushie machine
Popcorn machine
Candyfloss machine
BBQ
Gazebos
Total|**2024**
**Total**
1,940
193
439
200
419| |---|---| ||**3,192**| **6**