2021-08-31-accounts

Kendrick Parents’ Society Annual Report and Accounts

for Year Ended 31 August 2021

Table of Contents

Table of Contents
	Page
Table of Contents	1
Statutory Information	1
Annual Report of the Committee	2-3
Independent Examiner’s Report	4
Income & Expenditure	5

Statutory Information

The following information forms part of the Annual Report of the Management Committee, who are the managing trustees.

The Charity’s principal office is:

c/o Kendrick School London Road Reading RG1 5BN

The Charity is established under the auspices of ParentKind (formally known as PTA-UK), and its registered number is 1104281.

Its activities are governed by a Constitution adopted in 2002 and amended on 7[th] November 2013 and 12[th] January 2015.

The Committee are appointed annually at the Annual General Meeting by majority vote. The following have served as Committee members during the 12 months since the previous AGM:

The KPS’s independent examiner is Amit A Bhave BA, ACA

The PTA’s Bankers are Lloyds Bank, Woodley.

1

Annual Report of the Committee for the year ended 31 August 2021

The committee have pleasure in submitting their report for the year. The committee members who have served during the year are listed on page 1, with the other statutory information that forms part of their formal report. This report was presented at the Annual General Meeting held at Kendrick School on 21[st] October 2020.

Public Benefit Statement

The Committee, as trustees of the charity, confirm that they have complied with their duty to conduct the affairs of the charity with due regard to the Charity Commission’s guidance on public benefit. The public benefit of the charity is outlined below.

Objectives, Organisation and Activities

Kendrick Parents’ Society was established in 2002 and exists to advance the education of the pupils of the school. It seeks to do this by

• a) developing more extended relationships between staff, parents and others associated with the school

• b) engaging in activities which support the school and advance the education of pupils attending it

• c) providing, and assisting to provide, facilities for education at the school.

The Committee are the managing trustees and meet every half term or so to manage the affairs of the KPS, and to discuss and organise fund-raising events.

Chair’s report

Since last AGM in 2020, KPS has met all the expectations and achieved the above said objectives. KPS embarked onto digital platform as soon as we were all in lockdown situation. We had our 2 big events involving the whole school, Kendrick’s Online Cultural Festival & Kendrick’s Summer Raffle and various other 7 small events like drop in sessions for Year 7-10, KPS non-uniform day, KPS quiz and also ran our second-hand uniform sales whenever possible. We also supported the school in conducting virtual induction of new Year 7 parents by arranging an online drop-in session to extend support to parents and increasing awareness of what we do. We were also privileged to the balance of the legacy payment of £42,000 from our ex-student. In this financial year we received other part payment of approx.. £17K. Overall, we have raised a funds of £55,761.

2

Finances

The attached accounts summarise the income and expenditure for the year, and show at 31 August 2021 a Year End cash balance of £ 54,951. This is broken down as follows:

• Conditional improvement fund (CIF)/Cedar repairs by school £17,000

• • Miss J A Bromley legacy £12,988 • Raffle 2020 £4,416 • Amount held in emergency fund reserve £2,825

• Raffle 2021 £7,061

• Amount available for KPS use £9,927

These accounts will be independently examined before submission to the Charity Commission.

Reserves Policy

The KPS will not commit to fund items requested by the school to a total amount greater than the balance of the Current Account at the time the commitment is made. The sum of approximately £2,825 held in the Deposit Account provides an emergency reserve.

Insurance

The committee have arranged insurance with ParentKind (formally known as PTA-UK).

Signed on behalf of the Committee

Gayatri Hariharan Chair

Raghavendra Vaishampayan Treasurer

3

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