2023-08-31-accounts - Friends of the Charter School North Dulwich

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Trustees’ Annual Report for the period

Period start date 1 September 2022 Period end date 31 August 2023

Charity name: Friends of the Charter School North Dulwich

Charity registration number: 1093116

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The aim of ‘The Friends’ is to advance the education and enrich the experience of the pupils of The Charter School North Dulwich (‘The School’)
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Main activities: Develop relationships and communication between staff, parents/carers and the local community Engage in activities which support The School and the local community, in particular, with other local schools Engage in fundraising, provide and assist in activities, facilities or equipment that support The School and advance the education and experience of students (not normally provided by The School budget) Provide practical support for the work of The School in promoting and publicising The School, its achievements and activities Promote pupil enrichment, inclusion, wellbeing as part of a sustainable approach in line with The School ethos.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	I can confirm that the trustees have had due regard to the Commission’s guidance at all relevant times.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The post-COVID period and current ‘cost of living crisis’ has presented challenges to the School, the support it needs from the Friends and how we can raise much needed funds. Key achievements this year included: Raising £13.5k in two main fundraisers – hardship and staff welfare. Raising £12k from the Christmas Fair and Quiz Night. Raising £2.5k from the sale of second- hand uniform. Making grants of £23k to The School for a range of projects, including the reading garden (£9k), sports equipment (£4k) staff welfare (£3.5k), art (£2.5k), and wellness workshops for parents and carers (£2k).

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	At the year end, the Charity had cash and bank funds of £61k. There were no other assets or liabilities. £30k of this balance were unrestricted funds although the Trustees have ringfenced £1k for hardship claims being discussed at the year-end. £31k of this balance were restricted funds for five campaigns (inc £16k for staff welfare, £10k for hardship and small grants and £4k for art equipment).
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Friends aims to hold at least £1k in unrestricted free funds at any one time. This is anticipated to be sufficient to meet one year of basic running costs (e.g. termly meetings for parents, the AGM and relevant insurance) assuming no additional funds are raised.
Amount of reserves held	Para 1.22	c£30k of ‘free’ unrestricted funds (see year end position note above).

Reasons for holding zero reserves	Para 1.22	Not applicable
Details of fund materially in deficit	Para 1.24	No funds are materially in deficit.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	The trustees consider the Charity to be a going concern at the current date and are unaware of any uncertainties that would suggest otherwise.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution First adopted 17 June 2002 Subsequent amendments on 12 September 2018 and 8 October 2020
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	The Friends is an Unincorporated Association.
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Membership is open and free to The School’s parents/carers and staff. Trustees are generally the Committee Office Holders who are elected or re- elected at each year’s AGM.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charityname	Friends of the Charter School North Dulwich
Other name the charityuses	‘FOTCSND’ orjust ‘The Friends’
Registered charitynumber	1093116
Charity’s principal address	The Charter School Red Post Hill London SE24 9JH

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 (ifany)
Eleanor Mitchiner	Outgoing Chair	Until 10/10/22	Members
Molly Jarvis	Outgoing Co- Secretary	Until 10/10/22	Members
Dr Clare Dunne	Outgoing Co- Secretary	Until 10/10/22	Members
Angus Farr	Treasurer		Members
Liza Brett	Incoming Co-Chair	From 11/10/22	Members
Alison Rutter	Incoming Co-Chair	From 11/10/22	Members
Tracy Webb	Incoming Secretary	11/10/22-28/4/23	Members

– Corporate trustees names of the directors at the date the report was approved

Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
Not applicable

Funds held as custodian trustees on behalf of others

Description of the assets Not applicable held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Angus Farr Position (eg Secretary, Treasurer Chair, etc) ~~ee~~ Date 16 October 2023 ~~|~~

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name Friends of the Charter School North Dulwich members of On accounts for the year 31 August 2023 Charity no 1093116 ended (if any) Set out on pages 3+4 (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 31/08/2023 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention 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.

Date: 06[th] October 2023 Signed: ~~a~~ Name: Mandy Miller ~~CT~~ Relevant professional CIMA Management Accountant qualification(s) or body (if any): Address: 17 Beaulieu Close London SE5 8BA

October 2018

IER

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

Frlends of Ihe Charter School Norfh [l1ch 1093116 (HAPITY COMMISSION FOR ENGLAND ANO WALES Receipts and payments accounts CC16a For the period 31 August 2023 Section A Receipts and payments Unrestrictèd funds toth• n••r•st Rèstrictèd funds Endont funds Total funds Last year thp nE•res¢£ lothe nureste tothe nE•res1£ A1 Recei Fundraising campaigns Ebtnts income 212 13J60 13A77 19032 1T271 3,048 3,000 8.•60 8.485 17.335 Uniform $al•s 2,501 2,501 qpnnAnfAhip Loyaltyshopping Schemes incomo Cther Income and donab.oni 2.000 2.500 1.786 1,768 1,491 422 2.970 3.392 2,049 Sub total mss income AR) 10,7fj1 26J20 41.071 46,091 A2 Asset and investnwnt sales see table Sub ¢ot•l 1S.7S1 2S,320 41.071 46,691 Payfft¥nts Gr8nt8 to school 13J07 23292 36,104 5,960 Events ewns•$ mlnl8traDon e¥pens61 4.393 6.991 140 140 Sub totsl 12,523 17JOO 30A23 42J30 A4 Asset and inve5tTh*nt ur¢hases see table Sub totsl 12,523 17,9(WJ 30,423 42,330 Netof receipts/(payments) AS Transfers befvRen funds A6 Cash lunds last ar end Cash funds this year end 10,648 4.361 27,332 23,117 50,449 61,097 46,088 IER October 2018

Section B Statement of assets and liabilities at the end of the period Unrestricted furTrds tornirestE Restricted furTrds toneare5t E EndownEnt funds to nearest£ Catsgorie$ Details 81 Cash fvnds u05 Bankkcouni 29,714 Petycash Total cash fvnds 30.537 Unrestricted fvnd$ Restricted fund$ Endo%bTrnt fund• Details B2 Othèr monetary assèts Jto ta¢h rr•ntvalu• Detall• 83 Inv•sthi•nt assets ••¢ty• CoBtlor4JoM &xr•ntYalu• Detalls B4 Ass@ts r8tsln•d for th• charity's own us• Whvn41 Details re1•$ 85 Liabilities Slgned by or or two Itee8 on behalf of all the Iru5tees Date of Synature Print Nne Fa. Treasurer 3sep-23 IER October 2018

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

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.

October 2018

IER

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