Registered Charity No. 1085252 ## **TELFERSCOT PARENT STAFF ASSOCIATION** FINANCIAL STATEMENTS FOR YEAR ENDED 31 August 2025 TELFERSCOT PARENT STAFF ASSOCIATION 1 ## **Contents** ||Page| |---|---| |Legal and Adminstrative Details|2| |Trustees Report|3| |Independent Examiner’s Report|4| |Statement of Financial Activities|5-7| TELFERSCOT PARENT STAFF ASSOCIATION 2 ## **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 TELFERSCOT PARENT STAFF ASSOCIATION 3 ## **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 ____________________________________ TELFERSCOT PARENT STAFF ASSOCIATION 4 ## **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: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission - - (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 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the - accounting requirements of the Charities Act have not been met; or 2. 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: TELFERSCOT PARENT STAFF ASSOCIATION 5 ## **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**| TELFERSCOT PARENT STAFF ASSOCIATION 6 ## **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| TELFERSCOT PARENT STAFF ASSOCIATION 7 ## **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|