# **CEDARS PRIMARY SCHOOL (NEWPORT PAGNELL) SCHOOL FUND** _**Registered Charity No. 1092899**_ # **TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022** **Name of Charity:** Cedars Primary School (Newport Pagnell) School Fund **Registered Number:** 1092899 **Legal Form:** Unincorporated charitable organisation **Governing Document:** Declaration of Trust dated 13.01.2023 **Address:** C/o Cedars Primary School, Bury Street, Newport Pagnell, MK16 0DT **Method of Appointment:** The trustees shall hold office for the period of their election to the position of employees or Governing Body of Cedars Primary School **Officers:** As shown above **Bankers:** Lloyds TSB, Secklow Gate, Milton Keynes **Independent Financial Examiner:** Sue Baker MAAT **Objects:** The objects of the charity are: 1. the advancement of the education of the pupils at Cedars Primary School, Newport Pagnell by providing funds, items, services and facilities that it is not the obligation of any statutory authority to provide 2. the furtherance of such other general charitable purposes as the Trustees may from time to time decide, through the provision of grants. **Area of Benefit:** The area of benefit is determined as Newport Pagnell ## **Report of the Trustees on the Activities of the Charity** The Trustees present the Independently Examined Receipts and Payments Account of the Charity, in accordance with the adopted accounting policy, for the twelve months ended 31.08.2022. Our income has benefited from £466.49 commission from Imago Photographers on the sale of individual and family group photographs. Some of this money will be used to subsidise school trips/events and where voluntary contributions do not cover the cost and those which have been overspent this year. The main activity passing through this fund is Childcare Voucher and Tax Free Childcare payments for: Breakfast Club, After School Club, Nursery Wrap Around Care and Holiday Club. 1 The balance at 31[st] August 2022 of £10,803.72 includes advance payments for Breakfast and After School Club. The Trustees would like to place on record their appreciation of the support received from the parents, Parent Teacher Association, children, their relatives and the staff during the last twelve months. ## **Trustees Responsibilities** The Trustees are required to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the trust and of the surplus or deficit for that period. In preparing those Financial Statements, the Trustees are required to: - 1. Select suitable accounting policies and then apply them consistently. These are sourced from Cedars’ Financial Manual. 2. Make judgements and estimates that are reasonable and prudent. 3. State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the Financial Statements. 4. Prepare the Financial Statements on the going basis unless it is inappropriate to presume that the Trust will continue. The Trustees are responsible for: - keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust. - safeguarding the Charity’s assets and hence for taking reasonable steps for prevention and detection of fraud and other irregularities This report was presented formally, along with our independent financial examiners report on 13[th] January 2023 and signed on their behalf: Mrs Lisa Munday Head Teacher 2 Fund name: Cedars Primafy School Printed on 1611112022 3 p m_ Account Summary for the Period: 0110912021 to 3110812022 Section 1 Income Expenditure 11.607.64 BASC Spring 2022 0.00 Breakfasl and Alter School Club Autumn 2020-2021 10,955.64 Breakfast and After School Cltsb Autumn 2021-2022 728.00 Breakfast and After School Club Autumn 20?.2-£023 BASC Spring 2022 Breakfasl and After School Club Autumn 2020-2021 11,886.64 266.00 Bre8kfast and After School Club Autumn 2021-2022 13,736.14 Breakfast and After School Club Autumn 2022-2023 0.00 Breal(fast and After School Club Spring 2020-202.1 Breakfast and After School Club Summer 2020-2021 0.00 Breakfast and After School Club Spring 2020-2021 22.00 Breakfast and Aller School Club SLfmrner 2020-2021 8,437.70 0.00 Breakfast and After School Club Summer 2022 8,048.50 Breakfast and Alter School Club Summer 2022 5,444.00 General Account 2,820.46 General Account 4,553.22 0.00 Holiday Club Total Income 90J.00 Holiday Club 35,087.24 Total Expenditure 9,236.46 Excess of Income over Expenditure 44,323.70 Excess of Expenditure over Income 0.00 Sectlon 2 Balance blf 0110912021 Balance clf 3110812022 Cash 29.54 Cash 29.54 Cheques in Hand Unseiiled ePayments Current Account 0.00 Cheques in Hand 0.00 Unsettled ePayments 20,010.64 Current Account 20,040.18 Total 0.00 0.00 10,774.18 10,803.72 Total Income Expend5ture 0.00 Movement in Period Movement In Perlod 9,236.46 Section 3 Amount owing to the Fund at Period End Arnounl received in advanLe lor a committed expense Total Amount owed by the Fufid at Porlod End Valuation at cost price of Stock in Hand at period end O Total sec.tion 4 We c6rtfy that, to the best of our knowledge, the accounts shown above are correct. Treasurer Headteacher Date Date Section 5 Audlt Certlflcate We have audited he accounts of the above Fund in accordance with (guidelines). In mylour opinion. there has been reasonable m agement of the Fund and the above Summary of Accounts is a tru8 r8pres8ntation of th8 state of the Fund's affairs at and its assets at that date were sufficient to meet all the liabilities of the Fund in Signature of Auditor Financial QualificationlExperience Date Soctlon 6 I can confirm that l am familiar wlth the contents of the Guidelin8s and that the audited Summary of Accounts has been prese satisfied with the state of affairs o e fundls). Chairman of Governors led to the Board of Govemors and l am Date 01. EPebble Tali Sue Baker Schools Finance Su ort 3 The Pyghtle Shefford Bcds SG17 5FE {01462) 620759 mobile.. 07896 433957 email: suebakcr.shefford@ntlworld.coin 241h Noveniber, 2022 To whom it may concern, C.ed(Irs Prima School Fund Account for the Period froiM I, Se mbcr2021 to 31"Au st 2022 I havc examin¢d the accounting records ol. the above fund and can confirni rhat.. In connection with my examination, no mAtÈer has come to my attention: {1 ) which gives me reasonable cause to believe tliat in aiiy material respect the requirements to keep acL'ounting record5 have not been inet" oi 121 to which, in my opinion, atteT)tion should be drawn in order to ertable a pi'oper understanding of th¢ accounts lo be red¢hed. I would like ro note the historiLal un¢leared ch¢qu¢ d