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2023-08-31-accounts

DocuSign Envelope ID: B4E975FD-FEF2-431F-95CA-0B5F8A14D112

Friends of Fircroft PTA Charity Number: 1099047

Trustees' Annual Report and Financial Statements for the Period 1 September 2022 to 31 August 2023

Friends of Fircroft PTA – Annual Report 2022/23

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Friends of Fircroft PTA

Trustees' Annual Report for the Period Ended 31 August 2023

Objectives & Activities

Friends of Fircroft PTA was established to help develop effective relationships between the staff, parents and others associated with Fircroft Primary School to help advance the education and wellbeing of pupils.

Our main activities involve fundraising activities to contribute funds to:

Achievements & Performance

The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.

Summary of the Main Achievements for the Year

The charity has made funding contributions to the following areas of the school:

Equipment and enhancement of the environment of the school

Enhancing the curriculum and learning experience for the children

School trips to support the curriculum

Safety for children walking to school

Supporting families

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Friends of Fircroft PTA Trustees' Annual Report for the Period Ended 31 August 2023

Financial Review

Statement of the Charity's Policy on Reserves

Since 2015 the Charity has been building up its cash balance to make a significant contribution to major capital developments at the school in 2017/18, which culminated in the £37,000 contribution to playground development in September 2018. Over £17,500 was contributed to create a new library in April 2019. Between February 2020 and May 2022, £35,674 has been contributed to purchase Interactive Whiteboards for all 15 classrooms and one for music lessons in the Old Nursery space. In 2022/23 the charity contributed £25,153 to the school which mainly focused on enhancing the curriculum due to continued cuts in government contributions, school trips and a new reception shelter.

Whilst the Charity has aimed to retain a minimum balance of £2,500, in recent years the reserve balance has been higher due to caution post-covid. Pupil numbers are declining and each year a twoform entry class is replaced by a one-form entry reception class which reduces our ability to fundraise large amounts for capital projects in single financial years. The charity aims to be able to continue to support the schools curriculum, ensure the school trips are inclusive for all and build up reserves for larger school projects in future years. It’s also considered necessary to hold higher reserves at the end of the school year as funding is committed for the new school year prior to new funds being raised.

Financial Review

The Charity has made significant contributions to the school in line with the reserves statement above. It has also had another successful year with its fundraising activities particularly the two main events – the Christmas and Summer Fairs. As a result, we have been able to support a range of activities within the school including funding many enhancements to the curriculum and a new reception shelter.

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Friends of Fircroft PTA

Trustees' Annual Report for the Period Ended 31 August 2023

Charity details

Charity name: Friends of Fircroft PTA

Charity number: 1099047

Charity's operating address: Fircroft Primary School, Fircroft Road, Tooting Postcode SW17 7PP

Charity Trustee

Trustee Name Office Appointed Ended
1: Izzy Sidwell Co-Chair 09/02/22 31/08/23
2. Carine Wallace Treasurer 14/09/22 20/01/23
3. Gemma Thompson Co-Chair/Trustee 09/02/22 -
4: Suzanne Jones Co-Chair/Trustee 09/02/22 20/01/23
5. Denise York Trustee 20/09/19 -
6: Shamila Ramcharan Co-Chair 09/02/22 20/01/23
7: Preeti Patel Co-Chair/Treasurer 20/09/19 14/10/22

Advisors

Name Address & Postcode Bank: Barclays 1 Churchill Place, London, E14 5HP Independent Nicola Johnson Brudenell Road, London, SW17 Examiner:

Structure, Governance & Management

The Charity is operated on a simple governance structure that provides appropriate separation of duties and proportionate risk management. Co-Chairs, Treasurer and Secretary.

The Treasurers role is to manage the finances, providing separation of duties to ensure that monies collected are accounted for and banked quickly and effectively.

The trustees are supported by PTA class representatives, parents, carers, teachers and other associated with the school. The Co-Chairs convene a meeting every term to discuss activities and priorities and make decisions on funding. In the absence of a meeting, or low attendance at a meeting, funding requirements are communicated to the committee in writing.

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Friends of Fircroft PTA Trustees' Annual Report for the Period Ended 31 August 2023

All fundraising is carried out on a voluntary basis, thanks to our wonderful parent community. There are no paid committee members in the Charity. The Charity is a member of Parentkind.

Declaration

The Trustees declare that they have approved the Trustees' Report above.

Signed on behalf of the Charity's Trustees

Signature(s): TSC(ayTB TSABADE by:TOS Full Name(s): Gemma Thompson Position(s): Trustee 30 June 2024 Date:

coBOD TOF BODE by: FOF A Denise York Trustee 30 June 2024

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Trustees' Annual Report for the Period Ended 31 August 2023

Friends of Fircroft PTA

Independent Examiner’s Report on the Accounts

Report to the trustees of Friends of Fircroft PTA On accounts for the year 31 August 2023 Charity no 1099047 ended

Set out on pages 7 - 12

Respective responsibilities The charity's trustees are responsible for the preparation of the accounts in of trustees and examiner accordance with the Charities Act 2011 (“the Act”).

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to:

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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Friends of Fircroft PTA

Trustees' Annual Report for the Period Ended 31 August 2023

Signed: Date: 30 June 2024 ~~( —_~~ 1767A573B2A54FD... ~~" Cr (tsti(‘észC |~~ Name:* Nicola Johnson

Relevant professional Chartered Accountants Australia & New Zealand qualification(s) or body :

Address:[25 Brudenell Road ]

[Tooting, London ]

[SW17 8DB ]

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No CC16a 1099047 Friends of Fircroft PTA For the period from 01/09/2022 31/08/2023

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
Restricted
funds

to the nearest £
Endow
ment
funds
to the nearest
£

-
-

-
-

-

-
Total
funds
to the
nearest £
Last year
to the nearest £
All income 33,589 -
-
33,589 38,146
Sub total(Gross income for AR) 33,589 33,589 38,146
A2 Asset and investment sales, (see table).
Sub total -
Total receipts
A3 Payments
33,589 -
-
33,589 38,146
All payments 34,209 34,209 36,196
Sub total 34,209 34,209 36,196
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
34,209 34,209 36,196
(621) (621) 1,949
- - - -
37,382 -
-
37,382 35,432
36,761 -
-
36,761 37,382

Friends of Fircroft PTA – Annual Report 2022/23

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Categories
B1 Cash funds
Community Fund
Business Premium
B2 Other monetary assets
(PAYPAL)
B3 Investment assets
B4 Assets retained for the charity’s
own use
B5 Liabilities
Signed by one or two trustees on behalf of all the
trustees
Unrestricted funds
to nearest £
36,261
500
36,761
OK
Unrestricted funds
to nearest £
Fund to which asset belongs
Fund to which asset belongs
Fund to which liability
relates
Restricted funds
to nearest £
Endowment funds
to nearest £
-
-
-
-
-
-
OK OK
Restricted funds
to nearest £
Endowment funds
to nearest £
-
Cost (optional) Current value (optional)
-
Cost (optional) Current value (optional)
- -
Amount due (optional) When due (optional)
-
Print Name Date of approval
GEMMA THOMPSON 30 June 2024

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Friends of Fircroft PTA Accounts Financial Year For Year Ending 31 August 2023

Friends of Fircroft PTA
Accounts Financial Year
For Year Ending 31 August 2023
2022/23 2021/22
In Out Net In Out Net
Winter Wonderland £8,504.07 £1,995.25 £6,508.82 £4,980.00 £219.94 £4,760.06
Christmas Trees £4,745.00 £2,449.40 £2,295.60 £4,828.00 £2,039.40 £2,788.60
Winter Art - - - £251.28 - £251.28
Christmas Card £655.30 £9.05 £646.25 - - -
Summer Fair £6,230.47 £1,273.64 £4,956.83 £9,464.97 £1,277.88 £8,187.09
Virtual Balloon Race - - - £2,265.67 £66.00 £2,199.67
Crossing Patrol Space £2,500.00 - £2,500.00 £2,500.00 - £2,500.00
International Food Evening £553.56 £21.00 £532.56 £487.13 - £487.13
Cake & Uniform Sales £899.96 - £899.96 £1,438.35 - £1,438.35
Bunny Bop Disco £1,827.00 £460.00 £1,367.00 £1,975.22 £375.00 £1,600.22
Quiz Night £854.00 £272.75 £581.25 £749.90 £225.00 £524.90
Easy Fundraising £554.98 - £554.98 £754.39 - £754.39
School Lottery £841.20 - £841.20 £716.90 - £716.90
School Lottery Donations - - - £217.80 - £217.80
General Donations £1,180.00 - £1,180.00 £514.59 - £514.59
Stikins - - - £138.09 - £138.09
Amazon Smile £203.35 - £203.35 £181.95 - £181.95
My Clothing Donation £95.17 - £95.17 £331.96 - £331.96
Waitrose - - - £500.00 - £500.00
Gift Aid Reclaim - - - £176.34 - £176.34
Bag 2 School £252.00 - £252.00 £208.00 - £208.00
Wreath Marking £672.00 £434.95 £237.05 £1,225.32 £510.00 £715.32
Asda Foundation - - - £500.00 - £500.00
Benefact group - 2022 Movement for £1,000.00 - £1,000.00 - - -
Blakemore Foundation - - - £100.00 - £100.00
World Book Day Photos - - - £400.59 £75.17 £325.42
Draw My School - - - £25.00 - £25.00
Music Donation - - - £1,000.00 - £1,000.00
Book Sale - - - £178.15 - £178.15
Time Capsule/Juiblee - - - £224.60 - £224.60
Table Top Sale - - - £569.90 - £569.90
Tea Towels - - - £719.83 - £719.83
Tracy Tribute - - - £305.00 - £305.00
Doughies Pizza Kit £430.00 - £430.00 £132.00 - £132.00
Drinks Sale - - - £50.65 - £50.65
PayPal Giving - - - £28.77 - £28.77
School Gates collection £135.32 - £135.32 - - -
Silent Auction £1,310.00 £87.55 £1,222.45 - - -
Misc Income Interest £145.24 - £145.24 £5.33 - £5.33
Bar/Snacks Rolling Costs - £1,313.20 £(1,313.20) - £1,447.27 £(1,447.27)
Misc Expenses - £739.78 £(739.78) - £298.09 £(298.09)
Community Day Expenses - - - - £165.92 £(165.92)
Sub Total £33,588.62 £9,056.57 £24,532.05 £38,145.68 £6,699.67 £31,446.01
School Contributions - £25,152.58 £(25,152.58) - £29,496.71 £(29,496.71)
Total £33,588.62 £34,209.15 £(620.53) £38,145.68 £36,196.38 £1,949.30
Total Opening Balance
Business Account £36,881.62 £34,932.32
Community Account £500.00 £500.00
PayPal Account - £37,381.62 - £35,432.32
ADD: Total Receipts £33,588.62 £38,145.68
LESS: Total Payments £34,209.15 £36,196.38
£(620.53) £1,949.30
Total Closing Balance
Business Account £36,261.09 £36,881.62
Community Account £500.00 £500.00
PayPal Account - -
£36,761.09 £37,381.62

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Friends of Fircroft PTA

Income & Expenditure Statement For Year Ending 31 August 2023

Income/Expenditure
Opening Balance - 1st September
Events (Breakdown Below)
Gross Events Income
Less: Event Costs
ADD: Total Net Income - Events
ADD: Other Income
Benefact group - 2022 Movement for Good award
Bag2School
Your School Lottery
Stikins
Amazon Smile contributions
Crossing Patrol sponsorship
Donations
Easyfundraising
Waitrose
Interest
My Clothing Donation
Gift Aid
Asda Foundation
Music Donation
Miss Tracey Tribute
Blakemore Foundation
LESS: Other expenses
PTA speaker
PTA microphone
Storage units for PTA cupboard
Ice bucket, jigger, glasses and notice board
Parentkind insurance
Licences
Hub Lights
Contactless fee
LESS: SCHOOL CONTRIBUTIONS
School benches
£200 class contribution x 14 classes
Winter Sounds coaches top up
Gift for 5 Premium families via anonymous donor
Yoto player, headphones and audiobooks for KS1
School curriculum funding
Playground equipment funding
Diversity dolls funding for KS1
Year 4 Wild Child
Year 6 PGL Contribution
Reception shelter and artificial grass
School crossing patrol sponsorship (current year)
School crossing patrol sponsorship (prior year)
Time Capsule Dig
Author visits
Ice lollies for sports day
Hardship Contribution
Year 6 Microphones
2022/2023
2022/2023
2021/2022
2021/2022
£37,381.62
£35,432.32
£26,816.68
£29,966.56
£(8,316.79)
£(6,401.58)
£18,499.89
£23,564.98
£1,000.00
£252.00
£208.00
£841.20
£716.90
-
£138.09
£203.35
£181.95
£2,500.00
£2,500.00
£1,180.00
£761.16
£554.98
£754.39
-
£500.00
£145.24
£5.33
£95.17
£331.96
-
£176.34
-
£500.00
-
£1,000.00
-
£305.00
-
£6,771.94
£100.00
£8,179.12
£404.99
-
£19.99
-
£80.00
-
£94.80
-
£140.00
£128.00
-
£125.00
-
£45.00
-
£(739.78)
£0.09
£(298.09)
£2,000.00
-
£2,800.00
-
£245.00
£730.00
£270.00
-
£495.32
-
£1,200.00
£883.58
£300.00
£1,401.74
£500.00
-
£2,343.00
£1,954.00
£2,608.00
£2,397.00
£7,480.00
-
£2,500.00
£2,500.00
-
£2,500.00
£990.00
-
£1,018.20
£840.00
£41.06
£33.80
£233.00
-
£129.00
-

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LESS: SCHOOL CONTRIBUTIONS (CONTINUED) 2022/2023 2022/2023

2021/2022 2021/2022

Interactive Whiteboards
Gardening Hub
Bookshelves
Hockey Equipment
Music Donation
Music Screen (top up)
Stationary Packs
Living Wall
Tracey Tribute Fund
Basketball Hoop
Staff Treats
KS2 Flamenco Workshop
Total Net Event & Other Income
Closing Balance Held as follows:
Community Account
Business Account
Paypal Account
-
-
-
-
-
-
-
-
-
-
-
- £(25,152.58)
£24,532.05
£(25,152.58)
£500.00
£36,261.09
-
£36,761.09
£6,472.00
£1,719.84
£3,395.04
£991.61
£1,000.00
£183.00
£782.15
£500.00
£305.00
£499.95
£43.00
£365.00 £(29,496.71)
£31,446.01
£(29,496.71)
£500.00
£36,881.62
-
£37,381.62

BREAKDOWN OF EVENTS

BREAKDOWN OF EVENTS
2022/2023
2021/2023
Events Income
Expenses
Profit
Income
Expenses
Profit
International Food Fiesta
Quiz
Wreathmaking
Xmas cards
Xmas trees
Xmas Fair
Silent auction
Bake/uniform sales
School gates collections
Bunny Bop disco
Summer Fair
Winter Art
Virtual Balloon Race
Class Photos
Draw My School
Book Sale
Time Capsule/Jubilee
Table Top Sale
Tea Towels
Pizza Kits/Doughies
Drink Sales
Community Day Expense
Rolling bar stock
£553.56
£21.00
£532.56
£854.00
£272.75
£581.25
£672.00
£434.95
£237.05
£655.30
£9.05
£646.25
£4,745.00
£2,449.40
£2,295.60
£8,504.07
£1,995.25
£6,508.82
£1,310.00
£87.55
£1,222.45
£899.96
-
£899.96
£135.32
-
£135.32
£1,827.00
£460.00
£1,367.00
£6,230.47
£1,273.64
£4,956.83
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
£430.00
£430.00
-
-
-
-
-
-
-
£1,313.20
£(1,313.20)
£487.13
-
£487.13
£749.90
£225.00
£524.90
£1,225.32
£510.00
£715.32
-
-
-
£4,828.00
£2,039.40
£2,788.60
£4,980.00
£219.94
£4,760.06
-
-
-
£1,438.35
-
£1,438.35
-
-
-
£1,975.22
£375.00
£1,600.22
£9,464.97
£1,277.88
£8,187.09
£251.28
-
£251.28
£2,265.67
£66.00
£2,199.67
£400.59
£75.17
£325.42
£25.00
-
£25.00
£178.15
-
£178.15
£224.60
-
£224.60
£569.90
-
£569.90
£719.83
-
£719.83
£132.00
-
£132.00
£50.65
-
£50.65
-
£165.92
£(165.92)
-
£1,447.27
£(1,447.27)
£26,816.68
£8,316.79
£18,499.89
£29,966.56
£6,401.58
£23,564.98

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