CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Ivydale League of Friends On accounts for the year ended 31 August 2024 Charity no (if any 1084343 Set out on pages Ircmc*iTlt)Lif '.) !nrlur4* blTro pacJe •(JmLofS ol ?ddilio*al I report to the trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended 3110812024 Responsibillties and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent I have completed my examination. I confinn that no material matters have examiner's statement 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 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 con￿mIng the fonm and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue 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 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. Signed: Date: 16 June 2025 Name: Laura Buckingham Relevant professional qualification(s) or body (if any): ACCA Address: Flat 4 171 b Gipsy Road London IER Oct 2018 SE27 gQT Sectlon B Disclosure Only complete if the ex8miner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for ex8miners). Give here brief detalls of any items that the examiner wishes to disclose. IER Oct 2018 IVYDALE LEAGUE OF FRIENDS Registered Charity Number: 1084343 Report and Unaudited Financial Statements For the Year Ended 31[st] August 2024 IVYDALE LEAGUE OF FRIENDS Year Ended 31[st] August 2024 ## **Reference and Administration Details** |Registration number|1084343| |---|---| |Charity name|IVYDALE LEAGUE OF FRIENDS| |Governing document|CONSTITUTION ADOPTED 15TH
NOVEMBER 2000| List of Trustees: |Name and Role|Dates Acted (if not full year)| |---|---| |Oliver Simpson (Digital Trustee)|| |Helen Ingham (Head Teacher)|| |Hannah Mashford (Secretary)|| |Sophie Gilchriest (Treasurer)|| |Laura Bird (Co-Chair)|| |Anna Saggerson (Co-Chair)|| ||| ||| ||| ||| IVYDALE LEAGUE OF FRIENDS Year Ended 31[st] August 2024 ## **Our Year in Summary** Ivydale League of Friends (ILOF) raises funds to provide additional resources for Ivydale School and to help build a welcoming, inclusive community for children, families, and staff. In 2024, ILOF raised **£42,508** , with a **net income of £28,916** after event costs. This success reflects the generosity and spirit of the Ivydale community, and the popularity of events like our discos, fairs, fun run, and quiz night. These events not only raised vital funds but also brought families together and strengthened ties across the school and local community. Proceeds helped to fund: - Educational trips - Play and learning equipment - Music, sport and art resources - Workshops, performances, and other enrichment activities Where funds were used directly for specific activities, they were recorded as event expenses; all other surpluses were donated to the school. Thank you to everyone who contributed to another fantastic year of community-led fundraising. We couldn’t do it without you. ## **Approved by the trustees and signed on their behalf by:** Signature: ________________________ tte Signature: ________________________ Name: Laura Bird Position: Co-Chair Date: IVYDALE LEAGUE OF FRIENDS Year Ended 31[st] August 2024 ## **Statement of Financial Activities** Ivydale League of Friends For the year ended 31 August 2024 |**Account**|**2024**|**2023**| |---|---|---| |**Raising Funds**||| |Donations Received from Events|27,307|32,046| |Donations Received from Corporate Sources|2,554|11,726| |Parental Donations Scheme|5,843|4,358| |Year 6 Fund Raising|3,969|5,804| |Gift Aid Reclaimed|2,835|1,649| |**Total Raising Funds**|**42,508**|**55,583**| |**Less Transaction Costs**||| |Transaction Fees on Donations|(87)|(193)| |**Total Less Transaction Costs**|**(87)**|**(193)**| |**Charitable Activities- Direct Expenditure**||| |Ivydale Readathon|0|(277)| |Author Events|(750)|0| |Fun Run|(399)|(497)| |Visits from Theatre Groups|(1,500)|0| |Year 6 Leavers(Hoodies,Class Trips and Events)|(3,625)|(6,042)| |Christmas Fair and Hampers|(1,069)|(540)| |Christmas Trees|0|(150)| |Ivydale Summer Fair|(3,728)|(2,870)| |School Disco|(905)|(1,367)| |ILOFQuiz|(692)|(1,324)| |School Equipment Donation|(165)|(1,311)| |Music Equipment|0|(400)| |Chickens|(566)|0| |GardeningSquad|(108)|0| |Cake Sales|0|(75)| |**Total Charitable Activities - Direct Expenditure**|**(13,506)**|**(14,853)**| |**Charitable Activities -Support Costs**||| |Membershipand Insurance|(153)|(140)| |Website Subscription|(192)|(197)| |AccountingSoftware|(214)|(198)| |Subscriptions|(26)|0| |Legal and Licence Expenses|(82)|(20)| |Charitable Activities - Support Costs|(255)|(20)| |**Total Charitable Activities - Support Costs**|**(923)**|**(575)**| |**Non Operating Costs**||| |Depreciation Expense|(120)|(63)| |**Total Non Operating Costs**|**(120)**|**(63)**| |**Transfer of Direct Donations to School**||| |Transfer of Direct Donations|28,215|48,981| |**Total Transfer of Direct Donations to School**|**28,215**|**48,981**| |**Net Movement in Funds**|**27,873**|**39,899**| IVYDALE LEAGUE OF FRIENDS Year Ended 31[st] August 2024 ## **Balance Sheet** Ivydale League of Friends As at 31 August 2024 ||**Account**|**31 Aug 2024**|**31 Aug 2023**| |---|---|---|---| |**Fixed Assets**|||| ||**Tangible Assets**||| ||ILOF Equipment|619|464| ||Less ILOF Equipment Depreciation|(402)|(282)| ||**Total Tangible Assets**|**217**|**182**| |**Total Fixed Assets**||**217**|**182**| |**Current Assets**|||| ||**Cash at bank and in hand**||| ||Cash Takings Not Yet Banked|2,295|4,719| ||Ivydale HSBC Account|13,719|10,644| ||Soldo Cards|76|560| ||**Total Cash at bank and in hand**|**16,089**|**15,924**| ||Accounts Receivable|0|200| ||Year 6 Funding (In Advance)|561|0| |**Total Current Assets**||**16,650**|**16,124**| |**Creditors: amounts falling due within**||**one year**|| ||Accruals|45|0| ||Gift Aid to be Reclaimed|859|0| |**Total Creditors: amounts falling due withi**||**904**|**0**| ||**Net Current Assets(Liabilities)**|**15,746**|**16,124**| ||||| ||**Total Assets less Current Liabilities**|**15,963**|**16,305**| ||||| ||**Net Assets**|**15,963**|**16,305**| |**The Funds of the Charity**|||| ||Unrestricted Funds|15,963|16,305| |**Total The Funds of the Charity**||**15,963**|**16,305**| IVYDALE LEAGUE OF FRIENDS Year Ended 31[st] August 2024 ## Notes to Financial Statements ## **1. Accounting Policies** ## **Basis of Preparation of the accounts** The financial statements have been prepared 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Update Bulletin to the Charities SORP (FRS 102). The Charity constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. The charity has taken advantage of the exemption in the Update Bulletin amending the Charities SORP (FRS 102) from the requirement to produce a cash flow statement on the grounds it does not qualify as a large company. ## **Accounting Convention** The financial statements are prepared on a going concern basis, under historical cost convention. ## **Income** All incoming resources are included in the Statement of Financial Activities when the Charily is legally entitled to the income, it is probable that the income will be received, and the amount can be quantified with reasonable accuracy. ## **Expenditure** Charitable Expenditure This comprises all expenditure directly relating to the objectives of the charity. ## **Debtors** Debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid. ## **Creditors** Creditors and provisions are recognised where there is a present obligation from a past event that will probably result in the transfer of funds to a third party and the amount due can be measured or estimated reliably. They are recognised at the settlement amount due. ## **Cash** Cash at bank and in hand includes cash and short term highly liquid investments with a maturity of three months or less from the date of acquisition of opening of the deposit or similar account. ## **Currency of financial statements** The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound. ## **Taxation** As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only, Value Added Tax is not recoverable by the charity and is therefore included in the relevant costs in the Statement of Financial Activities. IVYDALE LEAGUE OF FRIENDS Year Ended 31[st] August 2024 Notes to Financial Statements ## **2. Fundraising Activities** ILOF raised £42,508 through events, donations, and sales, with net funds of £28,916 after direct expenses. Highlights included the Summer Fair, Fun Run, and the return of the ILOF Quiz. Events like the discos and Christmas celebrations also performed well. Where funds were used directly for activities (marked *), these were recorded as expenses. All other proceeds were donated to the school to support equipment, enrichment, and pupil activities, including £3,625 for Year 6 Leavers. ## **Account Transactions** Ivydale League of Friends For the period 1 September 2023 to 31 August 2024 |**Summary of Fund Raising**
**Income Expense**
**Net**|**Summary of Fund Raising**
**Income Expense**
**Net**| |---|---| |Corporate Donations
1,304
0|1,304| |Parental Voluntary Donations
4,397
0
Cake Sale
1,202|4,397
0
1,202| |Christmas Events
5,365
(1,069)|4,296| |Disco
2,674
(905)|1,770| |Fun Run
4,770
(399)|4,371| |GardeningSquad*
458
(108)|350| |ILOF Quiz
2,302
(692)|1,610| |Music Equipment*
188
0|188| |Readathon
2,533
0|2,533| |Reception Fund Raise*
1,160
0|1,160| |Summer Fair
11,333
(3,728)|7,605| |Uniform Sale
191
0|191| |Year 6 Leavers
4,634
(3,625)
Other School Related Expenses
(3,067)|1,009| ||(3,067)| |**42,508**
**(13,592) 28,916**
28,916|| *The expense recorded here relates to direct costs claimed; where no claim was made, the funds were transferred to the school as a donation. ## **3. Assets** ||Cost|Depreciation|NBV| |---|---|---|---| |Snow Machine|100|100|0| |Water Boiler|100|100|0| |Coin Counter|164|106|58| |Water Igloo|100|57|43| |CateringFlasks|155|39|117| ||**619**|**402**|**218**| ## **4. Creditors** ||31 August 2024|31 August 2023| |---|---|---| ||£|£| |Accruals|45|0| |Gift Aid to be Reclaimed|859|0| ||904|0| IVYDALE LEAGUE OF FRIENDS Year Ended 31[st] August 2024 ## **5. Trustee expenses and remuneration** No trustee expenses or remuneration have been paid during the year ended 31 August 2024 (2023: nil). ## **6. Related Party Transactions** There have been no related party transactions during the year ended 31 August 2024 (2023: none). ## **7. Employees** There are no paid employees in the charity during the year ended 31 August 2024 (2023: none). IVYDALE LEAGUE OF FRIENDS Year Ended 31[st] August 2024