Registered Charity No. 1085252
TELFERSCOT PARENT STAFF ASSOCIATION
FINANCIAL STATEMENTS FOR YEAR ENDED 31 August 2025
TELFERSCOT PARENT STAFF ASSOCIATION
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Contents
| Page | |
|---|---|
| Legal and Adminstrative Details | 2 |
| Trustees Report | 3 |
| Independent Examiner’s Report | 4 |
| Statement of Financial Activities | 5-7 |
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Legal and Administrative Details
Charity Number 1085252
Registered Office
Telferscot Primary School Telferscot Road London SW12 0HW
Trustees
Pete Burrows (appointed 5 November 2017) Andrew Dolleymore (appointed 18 October 2021; resigned 22 January 2024) Sarah Rahman (appointed 18 October 2021; resigned 22 January 2024) Elisabeth Mary Josephine Ogg (appointed 18 October 2021; resigned 22 January 2024) Latonia White (appointed 22 January 2024) Robert Derek Altoft (appointed 22 January 2024) Marla Didier-Nicholas (appointed 22 January 2024)
Independent Examiner
Ash Associates 72 Badminton Road London SW12 8BL
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Trustees' Report
The trustees present their report and Accounts for the year ended 31 August 2025.
Aims and Objectives
The principal aim and objective of the charity during the year continued to be the providing of funding and support for Telferscot Primary School.
Activities
The charity performed a number of fundraising activites throughout the year including the summer and winter fairs.
Responsibilities
Charity legislation require Trustees to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the Charity as at the end of the financial year and of the surplus or deficit for that period. In preparing the Financial Statements, the Trustees are required to select suitable accounting policies and apply them on a consistent basis making judgments and estimates that are prudent and reasonable. The Trustees are also responsible for maintaining adequate accounting records, for safeguarding the assets of the Charity and for preventing and detecting fraud and othe irregularities. The Trustees are required to indicate where the Financial Statements are prepared other than on the basis that the charity is a going concern.
Approval
This report was approved by the Trustees on and signed on their behalf.
Trustee
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Independent Examiner's Report
I report on the accounts of the Trust for the year ended 31 August 2025, which are set out on pages 5 to 7.
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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission
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- (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 report
My examination was carried out in accordance with general Directions given by the Charity Commission. 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 consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the
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accounting requirements of the Charities Act have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A Nandi ACCA 72 Badminton Road London SW12 8BL
Date:
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Statement of Financial Activities For the year ended 31 August 2025
| Notes Incoming Resources Fundraising and donations Sponsorship Interest Total Income Resources Expended Raising Funds Payments to Telferscot Primary School PSA General Expenses Professional Fees Bank Charges Total Expenditure Total Surplus/(deficit) |
UnrestrictedRestricted 2025 56,241 - 56,241 2,850 - 2,850 549 - 549 59,640 - 59,640 17,916 - 17,916 43,847 - 43,847 327 - 327 250 - 250 548 - 548 62,888 - 62,888 -3,248 - -3,248 |
2024 45,792 3,000 565 |
|---|---|---|
| 49,357 | ||
| 15,917 33,606 967 250 475 |
||
| 51,215 | ||
| -1,858 |
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Balance Sheet
As At 31 August 2025
| Notes Current Assets Bank Petty Cash Debtors 2 Current Liabilities Creditors 3 Total Net Assets or Liabilities Funds of the Charity Unrestricted Fund 4 |
27,526 8 - 27,534 250 250 27,284 27,284 27,284 2025 |
50,536 4 - 50,540 20,008 20,008 30,532 30,532 30,532 2024 |
50,536 4 - 50,540 20,008 20,008 30,532 30,532 30,532 2024 |
|---|---|---|---|
| 250 | 20,008 | ||
| 30,532 | |||
| 30,532 | |||
| 30,532 |
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Notes to the Accounts
For year ended 31 August 2025
1 Basis of Accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
As a charity registered in England and Wales, that is not a corporate entity, Telferscot Parent Staff Association is allowed, under section 133 of the Charities Act 2011, to prepare receipts and payments accounts provided the charity's gross income is not over £250,000.
| 2 Debtors 2025 Scopay Funds held with Telferscot Primary Scho - Total Debtors - 3 Creditors 2025 Balance owed to Telferscot Primary School - Professional Fees 250 Total Creditors 250 4 Funds of the Charity 2025 Opening Fund Balance 30,532 Surplus/Deficit for Year -3,248 Closing Fund balance 27,284 |
2024 - |
|---|---|
| - | |
| 2024 19,758 250 |
|
| 20,008 | |
| 2024 32,390 -1,858 |
|
| 30,532 |