**Trustees' Annual Report for the period** **To** **From** Period start date Period end date Day Month Year Day Month Year 01 April 2023 **To** 31 March 2024 Section A Reference and administration details **Charity name** RIVERHEAD INFANTS’ SCHOOL FUND ## **Other names charity is known by Registered charity number (if any)** ~~———~~ 1086548 **Charity's principal address** Worships Hill Riverhead Kent **Postcode TN13 2AS.** ~~a~~ **Other names charity is known by** **Registered charity number (if any)** 1086548 **Names of the charity trustees who manage the charity** |**Trustee name**
~~——_—_~~|**Office (if any)**
~~——_—_~~|**Dates acted if not for**
**whole year**
~~——_—_~~|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**
~~——_—_~~| |---|---|---|---| |L. Billing
~~——_—_~~|~~——_—_~~|From 15.01.2024
~~——_—_~~|~~——_—_~~| |C. Davison||To 16.10.2023|| |S. Fazzin|||| |K. Fuhrmann|||| |L Lee||From 03.07.2023|| |A. King|||| |M May||From 19.09.2023|| |S. Munns|||| |T. Mutru|Chair of Governors||| |N. Pocknall|||| |A. Ramu|||| |M Skinner|||| |T Spingardi|||| |W Swain|||| |J Turner|||| ||||| ||||| ||||| ||||| ||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year** ~~—————~~ **TAR** 1 **Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Declaration of Trust dated 19 March 2001 Type of governing document Amended by Scheme dated 29 January 2002 (eg. trust deed, constitution) How the charity is constituted (eg. trust, association, company)[Trust] Trustee selection methods (eg. appointed by, elected by)[Trustees are members of the School Governing Body] ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** To advance the education of the pupils of Riverhead Infants’ School by providing or assisting with the provision of educational, recreational or other charitable facilities augmenting such facilities financed by the Local Authority or Department for Education. In furtherance of this object, the trustees may undertake activities which promote the charitable work of the School and further the education and advancement in life of the pupils. **TAR** 2 **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** The School Fund (“Fund”) financially supports specific extra-curricular items e.g. in school workshops, subsidised school trips and events, extra books and resources or projects concerned with helping the school fulfil its duty of delivering the Curriculum. The Fund is also able to provide help to families requiring financial assistance and is for the benefit of every pupil of Riverhead Infants’ School regardless of parental contribution in line with Section 4 of the Charities Act 2006. ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance **Summary of the main** Total income for the accounting period was £32,632 **achievements of the charity during the year** Parents of new entrants are asked for a one-off donation of £60 which totalled £5,880 for the period. Parental contributions for school trips and events were £4,574 and for After school activities were £13,666. Charity Fund-raising events made £1,261 and the Feed-in Tariffs from the solar panels gave an income of £2,533 As the costs for the proposed new school hall have risen exponentially, the decision was taken to start using the accrued funds to improve the provision within the existing building. The main fund expenses were: - Reconfiguration of internal spaces to create a Nurture provision, meeting room, New Library space Total payments for the year amounted to £91,096, giving a net income for the year of -£58,464 **TAR** 3 ## **Section E Financial review** ~~See~~ ## **Brief statement of the** **charity’s policy on reserves** At year-end, cash funds amounted to £55,826, which was a decrease in overall funds of 48.6%. Funds had been accumulated in support of a new hall project, but the board were conscious of monies needing to spent the current cohort of children rather than indefinitely accrued. **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## ~~ee~~ **Section F Other optional information** ## **Section G Declaration** ~~ee~~ **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Andrew King
Full name(s) Tiina Mutru
Position (eg Secretary, Chair, Chair Headteacher
etc) ——————
Date
03/02/2025
— Oo
**----- End of picture text -----**
**TAR** 4 ## **RIVERHEAD INFANTS' SCHOOL FUND - CHARITY NUMBER: 1086548 RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31st MARCH 2024** ||Notes|**31.03.24**|**31.03.23**|**31.03.22**|**28.02.21**|**31.8.19**| |---|---|---|---|---|---|---| |**RECEIPTS**||||**£**|**£**|**£**| |**Voluntary Receipts:**||||||| |Annual Donations From Parents|1|5880|4750|4590|10,510|4545| |Other Donations|2|618|1028|1748|720|5012| |Gift Aid Reclaim||1658|1118|1118|3453|0| |**Charitable Activities:**||||||| |Parent Contribution For Trips/Events|3|4574|4766|3886|4823|5481| |After School Clubs|5|13666|16317|13351|9182|15957| |**Activities For Generating Funds:**||||||| |Solar Panels||2533|3299|4453|7151|3518| |Commission|6|0|646|977|1029|204| |School Equipment|8|32|390|659|275|196| |Christmas Cards||247|299|0|1518|1567| |Charity Fundraising|9|1261|3558|3205|4756|5011| |**Bank Deposit Interest:**||||||| |Bank Interest||2163|601|13|400|383| |**TOTAL RECEIPTS**||**32,632**|**36,772**|**34,000**|**43,817**|**41,874**| |**PAYMENTS**||||||| |**Cost of Charitable Activities:**||||||| |School Trips|3|-2542|-3467|-529|-2,650|-£2,560| |School Events|4|-5764|-3059|-3397|-8,318|-£2,522| |After School Clubs|5|-12665|-14505|-14886|-16,581|-£6,216| |School Resources|10|-62680|-5017|-5808|-5,895|-£3,034| |**Fundraising Costs:**||||||| |School Equipment|8|-4477|-4016|-317|-588|-£538| |Christmas Cards|7|0|0|0|-987|-£1,047| |Charity Fundraising|9|-1261|-2303|-2984|-5,356|-£2,722| |Other|11|-300|-313|-303|-969|-£191| |New Hall Costs|12|-1407|-13186|-1733|-25,000|| |**TOTAL PAYMENTS**||**-£91,096**|**-£45,866**|**-£29,957**|**-£66,344**|**-£18,830**| |NET RECEIPTS / (PAYMENTS)||-58,464|-9,094|4,043|-22,527|23,044| |CASH FUNDS AT PRIOR YEAR END||114790|123884|119841|142,368|119,324| |**Reserve Account AT CURRENT YEAR END**||**55,826**|**114,790**|**123,884**|**119,841**|**142,368**| |**Balancing Account TOTAL**||**500**||||| |**TOTAL CASH FUNDS AT CURRENT YEAR END**||**56,326**||||| ## Page 1 **RIVERHEAD INFANTS' SCHOOL FUND - CHARITY NUMBER: 1086548 STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31st MARCH 2024** ## **Cash** Current Account Special Interest Bearing Account **Total Cash Funds** ## **NOTES TO THE ACCOUNTS** Note 1: Annual donation from Reception Parents, per child @ £60, Charity Fund Donations Note 2: Contributions from Olympic Athlete Event Note 3: Trips to Chatham Dockyard, Drusillas, Wakehurst and Kent Woldlife Trust Note 4: Events include Workshops - Skateboard and Scooter Coaching, Coronation celebration, Summer Carnival, Starlight Safari Note 5: After-school Clubs Football, Cricket, RASC fees transfer Note 6: Commission received from School Photographer Note 7:PTA now arrange and pay for Christmas Cards/Bags/Tea Towels Note 8: Classroom Resources, Lunchbands - Now given out free, Water bottles - free to new starters Note 9: Donations following Xmas performances, fund-raising including class activities. Charities supported were Umoyo Orphan Project, Demelza House, Diabetes UK Note 10: Includes New Nurture Spaces, New Library, Roof Maintenance, Security Doors Note 11: Includes costs of online payments Note 12: Planning Permission for new hall granted. Re-imbursement of provisional/associated works. Signed on behalf of all the trustees: ……………………… ……………………… … Tiina Mutru Karl Fuhrmann Andrew King Co-Chair of Trustees Co-Chair of Trustees Head teacher Date: Page 2 500 55,826 ## **Unrestricted Funds to nearest £** **56,326** …………………… ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/ members of** Charity Name Riverhead Infants’ School **On accounts for the year ended** 31[st] March 2024 **Charity no (if any)** 1086548 ## **Set out on pages** 1 (remember to include the page numbers of additional sheets) ## **Responsibilities and basis of report** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 03 /2024** . As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Signed:** **Date:** 31/01/2025 **Name:** Rachel Harland **Relevant professional qualification(s) or body (if any):** DSBM **October 2018** 1 **IER** **Address:** Ide Hill Primary School, Sundridge Road, Ide Hill, TN14 6JT ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**