BARNES PRIMARY SCHOOL PTFA
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
Registered Charity Number 1086251
BARNES PRIMARY SCHOOL PTFA
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
Contents
Pages
1 ORGANISATIONAL DETAILS 2 TRUSTEES’ ANNUAL REPORT 3 INDEPENDENT EXAMINER’S REPORT 4 STATEMENT OF FINANCIAL ACTIVITIES 5 BALANCE SHEET 6 NOTES TO THE FINANCIAL STATEMENTS
BARNES PRIMARY SCHOOL PTFA
ORGANISATIONAL DETAIL&
Address
Barnes Primary School Cross Street Barnes London SW13 0QQ
Trustees and Executive Committee
- e Kate Lowes Trustee e Jade Gittins Chairman & Trustee e Nicola Rawcliffe Hon. Treasurer & Trustee e Toi-Neibler Chairman & Trustee e McKenzie Klein Trustee e Samantha Paget Trustee
(re-appointed 1/7/24) (resigned 1/7/24)
(re-appointed 1/7/24) (re-appointed 1/7/24) (re-appointed 1/7/24) (appointed 1/7/24)
Bank
National Westminster Bank PLC Barnes Branch 149 Church Road London SW13 9HS
Independent Examiners
Cripps Dransfield Chartered Accountants 206 Upper Richmond Road West London SW14 8AH
1
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BARNES PRIMARY SCHOOL PTFA
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees present their annual report with the Independent Examiners’ Report on the charity for the year ended 31 August 2024.
Principal Objects
The constitution of the Barnes Primary School PTFA was originally adopted in March 2000. A new constitution was adopted in July 2015 based on the model constitution provided by PTA-UK. The charity is an unincorporated association. The principal object is to engage in activities to support the school and assist in the provision of facilities to advance the education of all pupils at the school.
Trustees
The Trustees and the Executive Committee (named on page 1) are appointed or re-appointed annually at the AGM. Trustees and the Executive Committee do not receive any remuneration from the charity.
Activities and achievements
Total income for 2024 is £135k, an increase of £12k (10%) on 2023. Donations remained broadly flat year on year at £53k (2023: £57k).
Total expenses for 2024 are £1 13k (2023: £109k), flat on the previous year. This financial year we have contributed £98k to the school (2023: £90k). We have contributed to:
Raising Standards - £63k
School Infrastructure Improvements - £23k EYFS and KS] resources - £7k KS2 resources - £3k Sports equipment - £1k Music resources - £1k
This has resulted in an in year gain of £22k (2023: gain of £14k).
Funds
As at 31 August 2024 the PTFA held funds of £148k (2023: £125k). Of these funds brought forward into the financial year ending 31 August 2025, approximately £100k have been ring fenced for raising standards and infrastructure improvements.
Trustees’ responsibilities
The Trustees have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.
The Charities Act requires the trustees to prepare Financial statements for each financial year which gives the true and fair view of the association’s state of affairs at the end of the year and of the correctness of the Income and Expenditure Account for that year.
In preparing those Financial Statements, the trustees are required to select suitable accounting policies and then apply then consistently, make judgments and estimates that are reasonable and prudent and prepare the Financial Statements on a Going Concern basis unless it is inappropriate to presume that the association will continue to be in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the association and to enable them to ensure that the Financial statements comply with the Charities Act as applicable to smaller charities. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees’ accounts are annexed to these financial statements. This report was approved by the Trustees on 1} JUNE 2025
and signed on its behalf by:
Nia dpe Nicola Rawcliffe, Hon. Treasurer/Trustee
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BARNES PRIMARY SCHOOL PTFA
INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES
We report on the financial statements of the Barnes Primary School PTFA for the year ended 31 August 2024 which are set out on pages 4 — 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 under section 144 of the Charities Act 2011 (the Act) and that an independent examination is needed. It is our responsibility to:
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e examine the accounts under section 145 of the Act;
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e to follow the procedures specified in the General Directions given by the Charities Commissioners under section 145(5)(b) of the Act; and
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e to state whether particular matters have come to our attention.
Basis of independent examiner’s report
The 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 ana a comparison of the accounts presented with those records. It also includes a 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, we do not express an audit opinion on the view given by the accounts and the report is limited to the matters below.
Independent examiners statement
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In connection with our examination, no material matter has come to our attention:
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(1) which gives us reasonable cause to believe that in any material respect the requirements
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e to keep accounting records in accordance with section 130 of the Act; and
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© to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act (other than any requirement that the accounts give a true and fair view which is not a matter considered as part of the independent examination),
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have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Cripps Dransfield
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Cripps Dransfield
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Chartered Accountants
206 Upper Richmond Road West
London SW14 8AH
11.6.25
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Barnes Primary PTFA
Receipts & Payments Year Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| Incoming resources unrestricted funds | ||
| Quiz | 5,562 | 6,854 |
| Bike Rides | 17,189 | 10,000 |
| School Lottery | 299 | 466 |
| Raffle | 7,545 | 5,347 |
| Tea Towels | 3,453 | 3,384 |
| Autumn Fair | 6,592 | - |
| Spring Fair | - | 7,711 |
| SummerBBQ | 9,087 | 10,003 |
| Discos | 10,783 | 10,951 |
| Movie Night | - | 1,332 |
| Other events | 8,353 | 7,005 |
| Other income | 10,044 | 1,585 |
| GiftAid/Donations | §3,225 | 56,888 |
| Interest Received | 2,599 | 1,279 |
| Total Receipts | 134,731 | 122,805 |
| Resourcesexpended | ||
| School resources & equipment | 74,967 | 73,477 |
| School infrastructure improvements | 23,439 | 10,074 |
| Playground | - | 6,699 |
| Quiz | 1,598 | 2,173 |
| Autumn Fair | 2,467 | - |
| Spring Fair | - | 3,895 |
| SummerBBQ | 2,175 | 3,960 |
| Discos | 3,343 | 2,224 |
| Movie Night | 323 | 407 |
| Tea Towels | 2,271 | 2,791 |
| Accountancy Fees | 450 | 432 |
| NCPTA Insurance | 153 | 140 |
| Other event expenses | 452 | 2,134 |
| Other expenses | 900 | 561 |
| Total Resources Expended | 112,538 | 108,967 |
| Net Incoming Resources | 22,193 | 13,838 |
| General Fund Balance Brought Forward | 125,462 | 111,624 |
| Fund Balances carried forward | 147,655 | 125,462 |
| BankBalanceat31August | 147,655 | 125,462 |
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BARNES PRIMARY SCHOOL PTFA
BALANCE SHEET AS AT 31 AUGUST 2024
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| CURRENTASSETS | ASSETS | ||
| Bank: | |||
| NatWest Current | 2,500 | 2,500 | |
| NatWestReserve | 85,344 | 113,969 | |
| NatWestSavings | 50,818 | - | |
| NatWest “Kitchen” | 8,993 | 8,993 | |
| 147,655 | 125,462 | ||
| Funds: | |||
| Unrestricted | GeneralFund | 147,655 | 125,462 |
The financial statements were approved by the Executive Committee on... JL... June... 2028.00,
and signed on their behalf by:
Ni lo, Nicola Rawcliffe Hon. Treasurer
The notes on page 6 form part of these financial statements
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BARNES PRIMARY SCHOOL PTFA
Notes to the Financial Statements For the year ended 31 August 2024
1. Accounting Policies
Basis of Accounting
The financial statements have been prepared in accordance with applicable accounting standards on the receipts and payments basis and under the historical cost convention. All figures are presented in pounds sterling.
Stock
Stock is written off in the year of purchase.
2. Taxation
As a non profit-making association with charitable status, the association’s activities do not currently create a charge to UK taxation.
3. Trustees
The Trustees and the Executive Committee do not receive any remuneration from the charity.
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