## **Honeywell Schools Parent Teacher and Friends Association**
**Registered Charity Number: 1087950**
## **Trustee Annual Report and Financial Statements**
**Year ended 31 July 2021**
**Honeywell Schools Parent Teacher and Friends Association Annual report of the Trustees for the year ended 31 July 2021**
## **Registered Charity Number: 1087950**
## **Registered address:**
Honeywell Schools PTFA Honeywell Junior & Infant School Honeywell Road London SW11 6EF
## **Trustees during 2020/21**
Rachel Mukherjee (Chair) Appointed at AGM on 1 October 2018 Stewart Tan (Treasurer) Appointed at AGM on 8 October 2019, resigned on 10 February 2021 Patrick Doig (Treasurer) Co-opted at Trustee on 10 February 2021 Thomas Gygax Appointed at AGM on 8 October 2019 Janusz Twardziak Appointed at AGM on 6 October 2020 Ella Ardalan Appointed at AGM on 6 October 2020 Paula Marianne Haggstrom Appointed at AGM on 6 October 2020
## **Introduction**
This report provides a summary of the activities in 2020/21 of the Honeywell Schools PTFA. It also covers the key legal elements of the governance and management of the charity.
## **Objects**
The objects are to advance the education of the pupils attending Honeywell Infant & Junior Schools. In furtherance of this object the Association may:
- foster more extended relationships between the staff, parents and others associated with the Schools,
- engage in activities which support the Schools and advance the education of the pupils attending them,
- provide and assist in the provision of such facilities or items for the education and welfare of the children at the schools not normally provided by statutory funds, as the committee shall from time to time determine.
## **Governance**
The Honeywell Schools PTFA (referred to as “the PTFA” for the remainder of the document) operates according to a constitution adopted on 9 October 2018. All parents automatically become members of the PTFA when their children join either of the Schools
The PTFA has a timetable of meetings as part of its governance of the charity. These include an AGM each September/October, three PTFA Management Committee meetings involving the Trustees and the Heads of the Schools and six PTFA Class Reps Committee meetings (two each term). At the AGM the Chair and new trustees are appointed in line with the constitution. If there is more than one candidate for any given post, an election will take place at the AGM.
The role of the Management Committee is to consider matters of policy and to consider proposals for funding needs from the Heads. In addition to these meetings the PTFA works closely with the Heads of Schools to ensure that fundraising activities clearly deliver the charitable objects, are aligned with the ethos of the schools and that PTFA activities enable a positive fostering of relationships within the school and the wider community. Furthermore, the PTFA Management Committee has a critical governance role to ensure proper management of PTFA funds and has ultimate responsibility for the delivery of all PTFA activities.
The role of the Class Reps Committee is to consider and give feedback on proposals for funding, to discuss upcoming events and new initiatives. The Class Reps Committee meeting is also an important forum for feedback from other parents.
## **Reserves**
The PTFA aims to transfer all surpluses to the Schools through its main account. The PTFA also has monies held in a Special Projects Account, which has been specifically designated to fund the School Crossing Patrol. The School Crossing Patrol is held as a restricted fund and monies held in this fund cannot be used for other purposes.
## **Key highlights in the year ended 31 July 2021**
- Net surplus of £23,793 made up of a surplus of £18,626 on unrestricted funds and a surplus of £5,167 on the restricted fund for the School Crossing Patrol
- The PTFA contributed £28,429 to the Infant and Junior Schools
- Reserves of £115,608 in unrestricted funds and £22,079 in the restricted fund for School Crossing Patrol
## **Events and activities**
This year has been another year dominated by the impact of the global pandemic. Government restrictions were in place for the vast majority of the year, which impacted our ability to run many traditional events. However, the Honeywell spirit shone through and dedication and creativity of PTFA members, supported by the Schools, meant we found new ways to engage parents and children alike.
One of the highlights of the year was the Summer Fete which had to be rearranged and run very differently from previous years. However, the Fete managed to provide a fabulous day for children and raised an incredible £13,162 showing the ongoing generosity and support from parents. The PTFA is very grateful for the support from the Schools in allowing us to run the Fete during the school day.
A number of new fundraisers were run this year, including a Santa run and a virtual balloon race. We also continued a programme of activities over Christmas, including a raffle and trees sale and the ever popular calendars and tea towels. We had ongoing support from local estate agents and parents willing to have boards in their gardens, to continue a revenue stream which could be run through lockdowns and government restrictions.
Although there were relatively few fundraisers where we could accept Honey Money, we’ve continued to honour these as methods of payments and a total of £2,265 remains outstanding. We recognise this as a liability on our balance sheet as we look forward to collecting this money during 2021/22 as we return to a more conventional programme of events.
## **PTFA Charitable activities**
The PTFA retains a focus on its charitable purpose and utilises funds (in addition to the school donations) to enable various initiatives like the Sting magazine and year 6 leavers activities. Activities such as these are shown under PTFA charitable activities in the accounts.
## **The School Crossing Patrol (SCP)**
In 2020/21, we held another fundraising drive for the SCP which raised £11,542, excluding the annual contribution from Savills estate agents of £5,000. This amount will see us raise enough funds to pay for the salaries of the two patrol officers at Webbs Road and Northcote Road for 2021/22 and part of 2022/23. We are grateful for Savills support over a number of years, but are looking for a new sponsor partner in 2021/22 to help ensure we continue to raise income and ensure we can meet the salaries for at least two full years. Given the importance of maintaining our financial commitment to LB Wandsworth and the patrol officers, we treat this reserve as restricted funds and is assigned solely to pay for the SCP. These are not part of the distributable profits to the Schools.
## **Our partners and sponsors**
The PTFA is fortunate to have several corporate sponsors that support different events. We would like to thank our sponsors for their generous support in 2020/21 including Hamptons, Uncommon, Chelwood, Nested, Countrywide, Activ Camps, Killik and Co, Laurus Law, Deliciously Captured, Willow, CAST by the London Joinery Co, Northcote Hair, Nail Dress, Nightingale Montessori Nursery, Ninja Kids, Breadstall, Oddonos, Woldringham School, Emmanuel School,Whitgift School, Dulwich College, The Giving Machine and Amazon
## **How the funds raised are distributed**
The PTFA seeks proposals for funding from the heads of schools at the PTFA management meetings. It is expected that the heads will seek input from the school governors and staff to form their proposals.
In 2019/20 the PTFA donated £28,429 to the Schools which is lower than previous year of £47,974 as the focus of the Schools has been supporting the children through the impact of the pandemic. The donations have included provision of new Surface Go tablets, an improved audio/visual system, new laptops, staff training and infant school playground improvements.
## **Looking forward to 2021/22 and beyond**
We hope we are through the most significant impacts of the pandemic, but significant uncertainty remains. The PTFA remains well placed financially after several successful years of fundraising.
Given our unrestricted fund reserves of £122,045 we are already working with the Schools on an expanded programme of donations for 2021/22 and we will ensure these funds have the maximum benefit.
The pandemic has forced the PTFA and its volunteers to be creative and we believe a number of the innovations we have delivered in fundraising this year can continue even if government restrictions remain relaxed. The Honeywell Cookbook has already generated a number of pre-orders which are shown as a liability (income received in advance) on our balance sheet.
There is plenty of work for the PTFA to do in the year ahead and there will be a focus on continue to building community spirit as we come out of the pandemic and support children in their learning as we hope to have a full year of in-school learning.
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
Charity Name
**Report to the trustees/** Charity Name **members of** Honeywell Schools Parents Teachers Friends Association
**On accounts for the year** 31 July 2021 **ended**
**Charity no** 1087950 **(if any)**
**Set out on pages**
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 07 / 2021** .
- **Responsibilities and basis of** As the charity trustees of the Trust, you are responsible for the preparation of the **report** 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:** 13/6/2022 **Name:** Katharine Blyth **Relevant professional** ICAEW **qualification(s) or body (if any):**
**Address:** 12 Blenkarne Road, London, SW11 6JD
**October 2018**
**IER**
1
## **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**
**IER**
2
**Honeywell Schools PTFA Statement of Financial Activity for the years ended 31 July 2021 and 31 July 2020**
|**Section A**||||||**Statement of financial activities**|**Statement of financial activities**|**Statement of financial activities**|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Trading activities**
Summer fete
Christmas trees sale
Christmas bazaar and raffle
School and Class Calendar
Merchandise project (tea towels etc)
Estate agent boards
Santa run
Easter fun
Halloween decorations and pumpkins
Y6 Leavers hoodies
Year 1 Book Swap
Chameleon create xmas project
Balloon race
Face masks
Christmas shopping evening
Beech class canapes
Papaya cake sale
Shopping commission
Christmas jumpers
Oddonos
Palm class birthday
Holly class social
Willow Bake-off
House T shirts
Eco friendly coffee cups
Other
Wreath workshop
Cake and pancake sales
Honey Run
Burns night
Honeywell gear
Christmas card project
Tough mudder
Honeywell gin
Honey money
Tai chi
**Total trading activities**
**Donations, legacies and sponsorship**
School Crossing Patrol
Sponsorship income
Other donations
Funds donated to schools
**Total donations, legacies and sponsorshi**
**Charitable activities**
Sting
Leavers' year book & BBQ
Matilda programme
Team kits
Duncan Roberts farewell
PTFA equipment
Gifts
PTFA expenses
**Total Charitable Activities**
**Adjustments to last year**
**Net incoming / (outgoing) resources**
**Reconciliation of Funds:**
Total Funds brought forward
**Total Funds carried forward**|||||||||**Total**
**£**
11,924
3,754
6,250
6,026
2,041
2,750
1,402
1,352
1,001
10
1,280
1,212
947
456
655
600
402
500
431
361
320
300
234
(111)
(131)
1,754
-
-
-
-
-
-
-
-
-
-||||||
||**Unrestricted**|||**Restricted**|||**Total**||||**Prioryear to 31 July 2020**||||
||**Income**
**£**|**Expenditure**
**£**|**Total**
**£**|**Income**
**£**|**Expenditure**
**£**|**Total**
**£**|**Income**
**£**|**Expenditure**
**£**|**Total**
**£**||**Income**
**£**|**Expenditure**
**£**|**Adjustments**
**£**|**Total**
**£**|
||13,162
8,883
6,329
6,205
4,490
2,750
1,402
1,352
1,317
1,221
1,280
1,212
1,067
886
655
600
533
500
431
361
320
300
234
177
24
2,344
-
-
-
-
-
-
-
-
-
-|(1,238)
(5,129)
(79)
(180)
(2,449)
-
-
-
(316)
(1,211)
-
-
(120)
(430)
-
-
(131)
-
-
-
-
-
-
(288)
(155)
(589)
-
-
-
-
-
-
-
-
-
-|11,924
3,754
6,250
6,026
2,041
2,750
1,402
1,352
1,001
10
1,280
1,212
947
456
655
600
402
500
431
361
320
300
234
(111)
(131)
1,754
-
-
-
-
-
-
-
-
-
-||||13,162|(1,238)|11,924||-|(895)|-|(895)|
||||||||8,883|(5,129)|3,754||5,862|(3,557)|-|2,305|
||||||||6,329|(79)|6,250||12,712|(1,214)|-|11,498|
||||||||6,205|(180)|6,026||4,926|(2,167)|-|2,759|
||||||||4,490|(2,449)|2,041||3,589|(5,799)|3,177|967|
||||||||2,750|-|2,750||||||
||||||||1,402|-|1,402||||||
||||||||1,352|-|1,352||||||
||||||||1,317|(316)|1,001||||||
||||||||1,221|(1,211)|10||||||
||||||||1,280|-|1,280||||||
||||||||1,212|-|1,212||||||
||||||||1,067|(120)|947||||||
||||||||886|(430)|456||||||
||||||||655|-|655||6,067|(1,083)|200|5,184|
||||||||600|-|600||||||
||||||||533|(131)|402||||||
||||||||500|-|500||733|-|-|733|
||||||||431|-|431||||||
||||||||361|-|361||||||
||||||||320|-|320||||||
||||||||300|-|300||||||
||||||||234|-|234||||||
||||||||177|(288)|(111)||||||
||||||||24|(155)|(131)||444|-|(228)|216|
||||||||2,344|(589)|1,754||||||
||||||||-|-|-||885|-|-|885|
||||||||-|-|-||353|-|-|353|
||||||||-|-|-||2,199|-|870|3,069|
||||||||-|-|-||4,691|(1,684)|-|3,007|
||||||||-|-|-||1,702|(1,158)|(194)|350|
||||||||-|-|-||1,015|-|-|1,015|
||||||||-
-
-
-|-
-
-
-|-
-
-
-||2,442
3,488
2,844
174|-
(2,868)
(477)
-|-
-
(2,367)
-|2,442
620
-
174|
||**58,035**|**(12,315)**|**45,721**|**-**|**-**|**-**|**58,035**|**(12,315)**|**45,721**||**54,126**|**(20,902)**|**1,458**|**34,682**|
||||||||||167
5,000
-
(28,429)||||||
||-
-|-
(28,429)|-
(28,429)|11,542
5,000|(11,374)
-|167
5,000
||11,542
5,000
-
-|(11,374)
-
-
(28,429)|167
5,000
-
(28,429)||15,581
5,000
1,150|(13,088)
-
-
(47,974)|1,456
-
(177)|3,949
5,000
973
(47,974)|
||**p**
**-**|**(28,429)**|**(28,429)**|**16,542**|**(11,374)**|**5,167**|**16,542**|**(39,803)**|**(23,262)**||**21,731**|**(61,062)**|**1,279**|**(38,052)**|
||||||||||2,008
(70)
369
-
-
-
-
(597)
**1,709**
(375)||||||
||4,210
1,327
601
-
-
-
-
-|(2,202)
(1,397)
(232)
-
-
-
-
(597)|2,008
(70)
369
-
-
-
-
(597)||||4,210
1,327
601
-
-
-
-
-|(2,202)
(1,397)
(232)
-
-
-
-
(597)|2,008
(70)
369
-
-
-
-
(597)||2,548
1,296
3,450
-
-
-
-|(1,008)
(2,213)
(3,011)
(453)
(801)
(161)
(1,307)|-
-
-
-
-
-
-|1,540
(917)
439
(453)
(801)
(161)
(1,307)|
||**6,138**|**(4,429)**|**1,709**|**-**|**-**|**-**|**6,138**|**(4,429)**|**1,709**||**7,294**|**(8,954)**|**-**|**(1,660)**|
||||||||||||||||
||(375)|(639)|(1,014)||639|639|(375)|-|(375)||**-**|**(6,085)**|**-**|**(6,085)**|
||||||||||||||||
||**63,798**|**(45,811)**|**17,987**|**16,542**|**(10,735)**|**5,806**|**80,340**|**(56,546)**|**23,793**||**83,151**|**(97,003)**|**2,737**|**(11,115)**|
||||96,982
**114,969**|||16,912
**22,718**|||113,894
**137,687**|||||125,010|
|||||||||||||||**113,895**|
|**Section B**|**Balance sheet**||
|---|---|---|
|**Current assets**
Stock (note 4)
Debtors (note 5)
Cash at bank and in hand (note 6)
**Total current assets**
Creditors falling due within one year (note 7
**Total current liabilities**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted (note 8)
Unrestricted (note 8)
**TOTAL FUNDS**|**Unrestricted funds**
**Restricted funds**
**Total this year**
**£**
3,266
3,266
4,214
4,353
8,567
114,490
22,687
137,177
**121,970**
**27,040**
**149,010**
)
(7,001)
(4,321)
(11,323)
**(7,001)**
**(4,321)**
**(11,323)**
**114,969**
**22,718**
**137,687**
22,718
22,718
114,969
114,969
**114,969**
**22,718**
**137,687**|**Total last year**
**£**
4,069
1,132
115,309|
|||**120,510**|
|||(6,616)|
|||**(6,616)**|
||||
|||**113,894**|
|||16,912
96,982|
|||**113,894**|
These financial statements were approved by the Board of Trustees and the AGM on 29 September 2021.
They were signed on its behalf by
Patrick Doig
**Trustee**
**Notes to the financial statements**
## **Section C**
## **Note 1: Basis of preparation**
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.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.
## **1.2 Going concern**
The accounts have been prepared on a going concern basis.
## **1.3 Change of accounting policy**
There have been no changes of accounting policies from last year.
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period.
## **1.5 Material accounting errors**
No material prior year errors have been identified in the reporting period.
## **1.6 Cash Flow Statement**
The Trustees have taken advantage of the exemption in the Charities SORP (FRS 102) from including a cash flow statement in the financial statements as the charity is small.
## **Note 2: Accounting policies**
|**2.1 Income**||
|---|---|
|Recognition of income|These are included in the Statement of Financial Activities (SoFA) when:|
||- the charity becomes entitled to the resources|
||- it is more likely than not that the trustees will receive the resources|
||- the monetary value can be measured with sufficient reliability.|
|Tax reclaims on donations and gifts|Gift aid receivable is included in income where there is a valid declaration from the donor.|
||Any gift aid amount recovered on a donation is considered to be part of that gift and is|
||treated as an addition to the same fund as the initial donation, unless the donor or terms of|
||the appeal have specified otherwise.|
||The value of any voluntary help received is not included in the accounts but is described in|
|Volunteer help|the trustees annual report.|
|**2.2 Expenses and liabilities**||
|Liability recognition|Liabilities are recognised where it is more likely than not that there is a legal or|
||constructive obligation committing the charity to pay out resources and the amount of the|
||obligation can be measured with reasonable certainty.|
|**2.3 Assets**||
||Stocks held for sale as part of non-charitable trade are measured at the lower of cost or net|
|Stocks and work in progress|realisable value.|
||Debtors are measured on initial recognition at settlement amount after any trade discount or|
||amount advanced by the charity. Subsequently, they are measured at the cash or other|
|Debtors|consideration expected to be received.|
## **Note 3: Details of certain items of expenditure**
In 2020/21 the PTFA donated £28,429 to the Honeywell Infant and Junior Schools (last year £47,974).
No fees were paid for the independent examination of the accounts, tax advisory or other accountancy or audit services for the year (last year nil).
## **Note 4: Stocks**
|Type|Thisyear(£) Lastyear(£)|
|---|---|
|Honeywell Gear and House T-Shirts
Cards, totes and tea towels
Eco cups
Total|178
466
2,817
3,177
271
426|
||3,266
4,069|
## **Note 5: Debtors and prepayments**
|Analysis of debtors|Thisyear(£) Lastyear(£)|
|---|---|
|Trade debtors
Prepayments and accrued income
Other debtors
Total|8,567
1,132|
||8,567
1,132|
During the year debtors of £375 were written off (last year £6,085).
## **Note 6: Cash at bank and in-hand**
|Type|Thisyear(£) Lastyear(£)|
|---|---|
|Short term deposits
Cash at bank
Petty cash
Total|5,955
10,451
130,483
101,118
740
3,740|
||137,177
115,309|
Short term deposits of £5,955 consist of Paypal (£4,003) and Stripe (£1,952).
## **Note 7: Analysis of creditors**
|Type|Thisyear(£) Lastyear(£)|
|---|---|
|Accrual for SCP
Trade creditors
Honeymoney
Total|4,321
2,431
4,736
1,818
2,265
2,367|
||11,323
6,616|
## **Note 8: Fund statement**
|Name
Type|Balance b/f
Income
Expenditure Transfers
Balance c/f|
|---|---|
|Unrestricted reserves
Unrestricted
SCP reserves
Restricted|96,982
63,798
-45,172
-639
114,969
16,913
16,542
-11,374
639
22,718|
||113,895
80,340
-56,546
0
137,687|