primo PTA Oakwood Association also known as Oakwood Primary School PTA (an unincorporated charity) Charity number 1102222 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
Oakwood Association Regulatory Inforniation Trustee8 Mrs Amy Wright Mrs Laura Fyfe (reggned 17 March 20261 Mrs Elaine fittanegro Correa (appointed 4 November 2025) Mrs Clare Seldon Mrs lrina Glencross (appointed 22 Octotw 2024. resigned 4 November 2025 Mrs Samantha Bonfield (app)inted 17 March 2026) (resFgned 22 Octoter 2024) Registered Office oakrrrfj Primary Schcol oak Drive StAlbans AL4 OXA Charity number 1102222
Trustees Annual Report Year Ended 31 July 2025 Structure, Governance and Management Oakwood Association, trading name Oakwood Primary School PTA. is an unlncorporated assoaation Eoverned by its constitution, adopted on 19 March 23. updated on 6 March 2012. It is regTrstered as charity 1102222 with the Charity Commission. This annual report and accounts of Oakwood Association cover the period of l August 2024 to 31 Juty 2025. Or an1On The Board ofTrustees adrninrsters Oakwood A%soaation along with the members. There must be at least two trustees. In the 2024-2025 financial year, the Trustees included.. Clare Seldon (Chair, appointed at the AGM on 22 October 20241, Amy Wright ITreasurerl. Laura FyFe ICtrSe(xetsryl and Samantha Bonfield Ico-settetary, resigned on 22 Ortober 20241. The Board Is commttted to meet at least three times a year. The organisation employed no pemianent members of stsff. ointment of Trustees Trustees are appointed from rts membership. by a majority vote, usualty at the AGM. Objectives and Adivithe5 In setting our objectives and planning our oth1e5 the Trustees have given careful consideration to the Charity Commission's public benefit guidance. The objects of the Association are to advance the education of pupils at Oakwood Primary School in particular l. Developing effective relationships between the stsff. Pants and others associated with the school, including the local community and the public. 2. Engaging in activities or providing facilities or equipment which support the school and a(Ivance the education of the pupils. Events The charity carrie5 Out a wide range of aCbtIes in pursuance of its charttable aims. The tnjstees consider that these activities provide benefft both to those who attend l>dkwood Primarysthool and the wider community. M05t events were (Ad favourrtes like the thristsnas events, Easter Hunt and Oakfest. But we also had Our first Sip & Glass patnting event and Postbox Topper at Easter. [tt811 we had fewer parent and larger events and manv events have ceased to be run [yMpICs, Quiz&Pi22a, Karaoke. Bums nlght, hair braidin& coffee mornings, Cake salesl. Also match funding individuals have been unable to apply to their employer5 this year. which did reduce our income. Many of the events we were able to njn exceeded previous costs (especially Oakfestl and to keep tickets reasonable for families during costof living impacts, we were then not able to make as much profit. The PTA ran 27 events over the year Icompared to over 30 vvents the year beforpl, from %lar second hand uniform and lolly sales, disco's and cinema nights to our larger events at Christmas. Easter, and the Summer. Most were fundraising one5 but also ones wtth an emphasis on the enrOnMent. Our dothing re-sales have reached a significant landmark s3ng many dothes from landfilllrecyding and making around £750 in total. We also continue to raise money wa external sales with the likes of easyfundrainsin& Christmas Treeeasy and the Verulam School firework5 event which together added around £5(Kl. We have continued to make a concerted effortto help encourage both the sthool and wider communities to re(Jute the use of single use plastic.
Oakwood Assodation Tnthes Annual Report Year Ended 31 July 2025 Financial R•viÈw endin We were pleased to continue to recetve a good number of requests overthe year from teachers and noted a there remained a high number of requests for outdoor play equipment and lunchtime clubs which tie5 into our deosion to continue to support the school their Opal 5theme. When reviewing fundingforms we continue to record and look badt at what type of curriculum activtty and across which Key Stsges we have spent against to aim for a fair balance to all areas. We also report back on why funds were not allocated and encouragethern to try again next term rfwe think relevant. The MUGA Imulti-use games arena) was installed in October half temi 2024. ¢knrall. The PTA have contributed £21.544. which equates to just over a third of the totsl cosL Most of our funds were allocated towards the MUGA. but we were very pleased to welcome Gladiator Steel, aka Zack George. who shared a great morning with the children engaging them in memorable fitness talk and meet and greet sessions. Fundirs Following our policy of spending rnOn raised in the following flnanaal year. our year end posttion 15 externely positlve. with our reseryes sttting at £23.11712023- £42,5891. Some of these funds have been requested by the school to be spent on expected future projects. related to the Opal Ioutdoor Play and Leamingl scheme. As such, we have no Unrtaine$ aboutthe charity contintjing as a going conrn as we have no fixed out8oin85. No funds are held as custodian trustees on behalf of others. The futu plans of the chartty are to continue thr attivities in line with their objectives and continue to fundralse for the school, repeating many of the events of this year. Tru5tee< Respon4bllities for the Finandal Statemert% The trustees are responsible for preparing the Trustees. Report and the finanaal statements in accordance with applicable law and United Ktn£dom Accounting Standar(Is Iunited ngdoM Generally Accepted Accounting Prartice.) select suitable accounting poliaes and then apply them consistendy: observe the methods and principles rn the Charities SORP: make jtjdgements and estimates that are reasonable and prudent.. state whether applicable accounting stsndards have been followed. subject to any material departures disclosed and explained in the financial statements- Prepa the financial ststements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disd05e with reasonable accuracy at any time the finantsal position of the charity and enable them to ensure that the finanoal statements comply with the Charities Act 2011, the Charity IA¢counts and Reports) Regulations 2Crf)8 and the provisions of the Trust Deed. They a also responsible for safeguarding the assets of the chartty and heno for taknng reasonable steps for the prevention and detection of fraud and other irregularities. The trustees declare that they have approved the tru5tees' report above. Signed on behalf ofthe tharivs trustees Amy Wright. Treasurer Date: 30 May 2026
Independent examinerfs report to the trustees of Oakwood A5%Kiation I report to the trustees on my examination of the accounts of Oakwood Association for the year ended 31 July 2025. Responsibilltles and basis of report As the charity trustees of Oakwood Association {the Association) you are responsible for the preparation of the accounts in accordance with the requirements of the Charff(ies Act 20111'the Act'l. I report in respect of my examination of the Association's accounts carried out under Section 145 of the 2011 Act and in tarrying out my examination I have followed all the applicable Directions given by the Charity Commission undersertion 14515)Ib) of the Act. Independent examinerfs statement I have tompleted my examination. I confirm that no material matters have come to my attention in connettion with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act.- or the accounts do not accord with those records- or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gtve a 'true and fair view which is not a matter considered as part of an independent examination. 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 orderto enable a proper understanding of the accounts to be reached. Signed: Marie Twomey-mcleod ACA 31 Chestnut Drive St Albans AL4 OER Date: 30 May 2026
Oakwood Association ststement of Financial Artivities Yearto 31July 2025 Genernl Restricted funds funds Total 2025 Total 2024 Note Income from: Donations Charitsble activitie& Fundraisin8 events Trading activitie5 Bank Interest 682 629 18.371 6.611 87 18,371 6.611 87 27,209 5.953 104 Total income 25,751 25,751 Expendlture on: Charitsble activities Fundraising costs Administration costs 34.265 10.715 243 34.265 10.715 243 18.949 13,662 273 Total expenditure 45,223 45.223 32,884 Net income (19,472) (19A72) Recondliation of funds: Total Funds brought forward 42.589 42,589 41.578 Funds carried forward 23,117 23.117 42.589 There are no recognised gains or losses other than those recognised above. All attivities are continuing. The financial statements have been prepared on a going concem basis.
Oakwood Association Balance Sheet Year Ended 31 July 2025 Totsl 2025 Total 2024 Current Assets Debtors Cash at bank and in hand 2,952 40.021 23,873 Total current assets 23.917 42.973 Liabilities Creditors.. amounts falling due within one year 18(K)} {3841 Totsl Net assets 23,117 42,589 Funds Unrestricted funds GerTreral funds 23,117 42,589 Totsl Charlty Fund5 23,117 4Z,589 Approved by the Trustees and aulhorised for isgje on 30 May 2026 Signed on their behalf by.. Amy Wright. Treasurer
Oakwood Association Notes Year Ended 31 July 2025 l Accounting Polldes al Basis of Accounting The Oakwood Aswiation is a Charity registered in England and Wales. It's registered address is Oakwood School. Oakwood Drive. St Albans. HertsFordshire. AL4 OXA and it is a Public Benefft Entity. The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. published on 16 July 2014. The charity Is a public benefit entity for the purposes of FRS 102 and therefore the charity also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland lThe FRS 102 Charities SORP) and the Charities ALt 2011. The financial statements have been prepared to give a 'true and fdir view, and hove departed from the Charities (Accounts and Reports) Regulations 2(KJ8 only to the extent required to provide a 'true and fair view,. This departure has involved following Accountin8 and Reporting by Charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 rather than the Accounting and Reportin8 by Charities: Statement of Recommended Practice effective from l April 2C()S which has Since been withdrawn. The financial ststements are prepared in stedin& which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound. The principal accounting poli(ies. which are applied consistently. are Set out below. b) Going Conrn Ba515 The financial statements have been prepared on a goin8 concem basis. Having carried out a detailed review of the Charitws resources and the current economic challenges facing both the CharFty and its members the Trustees are satisfied that the Charity has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the financial Statements and that it is appropriate for the accounts to be prepared on the going concern basi5. ¢) AccouTrting Estlmates In the view of the trustees in applying the accounting policies adopted. no judgements were required that have a significant effert on the amounts recognised in the financial statements, nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year. dl Income All income is accounted for when there is eviden of entitlemeDL the receipt is probable and the amount can be measured reliably. e) Expenditure All expenditure is included on an accruals ba515 and is recoBnised when there is a legal or constructive obligation for payment to be made. fj Cash and Cash Equivalents Cash and cash equivalents include cash at banks and in hand and short term deposits with a maturity date of three months or less.
Oakwood Association Notes Year Ended 31 July 2025 l Accounting Pollcie5 {continued) g) Finan¢lal Instruments The charity only hold5 basic financial instruments as defined by FRS 102. Financial instruments re[Vable or payable within one year of the reporting date are recognised at their transaction value and subsequently measured at their settlement price. With the exceptions of prepayments and deferred income all other debtor and creditor balances are considered to be baslc financial instruments under FRS 102. h) Crltical A¢counting Estimates and Areas of Judgement In the view of the trustees in applying the accounting policies adopted, no judgÈments were required that have a significant effect on the amounts Cognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year. i) Volunteers All our events are run and supported by parent volunteers who are members of the PTA and the trustees. JI Trustees No trustees were paid any remuneration or received any other benefit from the charity. No trustees expenses have been incurred or reimbursed. k) Related Party Transartions There were no related party transattions in the year. or previous year. 2 Debtors 2025 2024 Other Debtors Prepayments 2.219 733 Total Debtors 2,952 3 Cash at bankand in hand Z025 2024 Cash in hand Current Account Fixed Interest Accounts llo 14,677 9,076 120 30,911 8.9) Total Cash 23,873 40,021
Oakwood Associatlon Notes Year Ended 31 Juty 2025 4 Creditors: amourrts falllng dye withln one year 2025 2024 Other creditors Accrua15 Total Creditors
Oakwood Association Year Ended 31 July 2025 Note 5: Detsiled Income and Expendiwre 2025 2024 In ome from charitable activities Oakfest Christmas Fair £2 room Christmas Party Wreath makin8 Hampers Deck the Halls Discos Bums night Cinema night Karaoke Easter Verulam Fireworks Glass Painting Marie's Walk Hair Tinsel Sip & Paint Matched Funding 6.956 3,204 1.994 1,872 8.853 3.407 1,999 2,349 623 759 58 1,326 3.287 734 732 593 1.307 702 602 490 542 12 311 1,624 27,209 18,371 Inrne from tradi arttvities Panto Ice cream sales Uniform sale Costume sale 4,727 1,134 658 92 4,093 1,266 503 91 6.611 5.953 Donations". Easyfundraising & ATnazon smile ASDA Cashpot Just Giving Golf day Donations Christmas treeasy 346 69 172 179 28 59 629 Investment Income Bank interest 87 104 Totsl Income 25,751 33.895
Oakwood Aswciatlon Year Ended 31 July 2025 Note 5: Detailed Income and Expernliture 2025 2024 Cost of Fundralsin Activities Oakfest Christmas Fair £2 Room Christmas party Hampers Disc05 Burns night Cinema Night Quiz night Panto Wreath making Easter Glass Painting Sip and Paint Karaoke Ice cream sales {3.792) 15521 (401 16801 14.0851 16731 11531 {9851 (ioi 14CKII (2.0751 11741 14CQ) {1551 14.5121 13,686} {4091 11151 1128) {2201 11731 14051 13191 113.6621 12361 110,715) Administration costs PTA wnembership Bank charges Other admin costs Printer cartridge 11621 {611 1201 11531 1161 (1041 {2431 12731 Charitable events Christmas crackers & tree Gladiator Visit Coffee morning & New parents gifts Gardeningl Lend a Hand Year 6 Leavers Presents- office 1155) 1555} 1811 151 12,4931 11,0501 1261 13,6551 (2621 (1.0501 (2.0221 Donations direct to school Trips and workshops Class donations Central School fund Teacher requests Ipot 21 13,5cKII 18251 121,544) 16.3741 12,6251 18251 17,9401 13.9041 132.2431 {45.223} 115,2941 132.8841 Total expenditure (Deflclt)ISurplus for the year (19,4721 I,oii