2023-08-31-accounts - Snaresbrook Primary Parent Teachers Association

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SNARESBROOK PRIMARY

PARENT TEACHER ASSOCIATION

Charity registration number 1104361

Reports and Accounts for the

year ended 31 August 2023

Prepared by Shelima Louwsma, 19 Bushey Avenue, London, E18 2DT SPPTA Treasurer

Page 1 of 9

SNARESBROOK PRIMARY

PARENT TEACHER ASSOCIATION

	Page
Statement of financial activity	3
Statement of financial position	4
Statement of trustees’ responsibilities	5
Policies of the Charity	6
Independent examiners report	7
Detailed income and expenditure	8
Notes to Expenditure Items	9

Page 2 of 9

SNARESBROOK PRIMARY

PARENT TEACHER ASSOCIATION

Statement of financial activities

for the year ended 31 August 2023

Incoming resources from generated funds Fund raising Interest Total incoming resources Cost of generating funds PTA related expenses Cost of Sales Charitable activities Donations to school Total resources expended Net movement in funds Funds brought forward Funds carried forward	£ 28,217 134
	28,351
	(774) (6,745) (2,971) (10,490)
	38,841 10,923
	49,764

Page 3 of 9

SNARESBROOK PRIMARY

PARENT TEACHER ASSOCIATION

Statement of financial position

Assets Cash in bank PayPal/Debtor Liabilities Net Assets Associated fund Funds brought forward Retained in year Debtor B/F Funds carried forward	at 31 August 2023 31/08/2022 £ 10,923 0 10,923 0 10,923 15,405 -4,482 0 10,923	31/08/2023 28,784 0 0	£ 28,784 28,784
			10,923 17,861 0
			28,784

Page 4 of 9

SNARESBROOK PRIMARY

PARENT TEACHER ASSOCIATION

Statement of Trustees responsibilities

The Trustees are required to prepare reports and financial statements for each year in accordance with applicable law and UK accounting standards, which have a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the new income or expenditure of the charity for each year. In preparing the statements, the trustees are required to:

Select suitable accounting policies and apply them correctly
Observe the methods and principles in the Charities SORP
Make judgements and estimates that are reasonable and prudent
State whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements
Prepare the financial statements on the on-going concern basis unless it is inappropriate to presume that the charitable organisation will continue in operation

Signed

…………………………………………………………………………………………………

Rosemary Centano Williams

Chair of the Trustees

Page 5 of 9

SNARESBROOK PRIMARY

PARENT TEACHER ASSOCIATION

The Parents Teacher Association aims are to raise extra funds for the benefit of the pupils of Snaresbrook Primary School, Meadow Walk, South Woodford, London E18 2EN

Meetings

The PTA is a registered charity and holds fundraising and social events for the benefit of the children at our school. Every parent and teacher are automatically a member. A core Committee plans fundraising events and decides how to spend the proceeds in association with school management team

The PTA meets at least once a term for the following reasons

To discuss what fundraising activities would be successful, not only to raise funds, but also bring teacher, parents and children together to socialise and enjoy themselves
To discuss and agree, in association with the school management team, how the funds should be spent to deliver agreed goals and activities

Recruitment of PTA committee members

The committee is made up of volunteers who are voted in every year

Reserves policy

All funds of Snaresbrook PTA are unrestricted and it manages its expenditure to make sure that it keeps sufficient funds to meet the PTA’s needs

Page 6 of 9

SNARESBROOK PRIMARY

PARENT TEACHER ASSOCIATION

Independent examiners report for the year ended 31 August 2023

We report on the accounts of the Trust for the year ended 31 August 2023, which are set out on the annexed pages.

Respective responsibilities of the Trustees and Examiner

The Trustees of the Charity are responsible for the preparation of the accounts; and they consider that the audit requirement of section 144 of the Charities Act 2011 (The Act) does not apply given the size of turnover of the charity.

It is the responsibility to state, based on the procedures specified in the general Directions given by the Charity Commissioners under section 145(5)(b) of the Act, whether particular matters have come to the attention of the Examiner.

Basis of Independent Examiners report

Our examination was carried in accordance with general Directions given by the Charity Commission. An examination includes a review of accounting records kept by the charity and a comparison of those accounts with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking to explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all evidence that would be required for an audit, and consequently do not express an audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In connection with my examination, no matter has come to our attention:

Which gives us cause to believe that in any material respect the requirements:

A, to keep accounting records in accordance with section 130 of the Act,

B, to prepare accounts which accord with accord with accounting records and comply with accounting requirements of the Act.

Have not been met, or

To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed

………………………………………………………………………

Date

SNARESBROOK PRIMARY

Page 7 of 9

Detailed Statement of Financial Activity

Note £ £ £ £ Income from Events Christmas Bazaar 6,547 7,374 Christmas Cards 443 516 Easter Egg Hunt 727 810 Quiz night 1,092 1,119 Halloween/School discos 1,571 1,556 Summer Fete/Adverts 10,284 10,539 Stay & play 773 968 Cake, Ice pops & Christmas performance sales - 1,301 Donations Incl, Co-op, Match Funding and Non uniform day 1 3,515 3,098 Year 6 Leavers 2022 Fundraising 937 Interest 6 134 24,957 28,351 Expenditure Bank charges - - PTA insurance 2 (128) (140) Subscriptions and licences 3 (174) (244) Operating Expenses 4 - (390) Cost of Sales (8,696) (6,745) (8,998) (7,519) Donations to the school 2023 2022	Note £ £ £ £ Income from Events Christmas Bazaar 6,547 7,374 Christmas Cards 443 516 Easter Egg Hunt 727 810 Quiz night 1,092 1,119 Halloween/School discos 1,571 1,556 Summer Fete/Adverts 10,284 10,539 Stay & play 773 968 Cake, Ice pops & Christmas performance sales - 1,301 Donations Incl, Co-op, Match Funding and Non uniform day 1 3,515 3,098 Year 6 Leavers 2022 Fundraising 937 Interest 6 134 24,957 28,351 Expenditure Bank charges - - PTA insurance 2 (128) (140) Subscriptions and licences 3 (174) (244) Operating Expenses 4 - (390) Cost of Sales (8,696) (6,745) (8,998) (7,519) Donations to the school 2023 2022	Note £ £ £ £ Income from Events Christmas Bazaar 6,547 7,374 Christmas Cards 443 516 Easter Egg Hunt 727 810 Quiz night 1,092 1,119 Halloween/School discos 1,571 1,556 Summer Fete/Adverts 10,284 10,539 Stay & play 773 968 Cake, Ice pops & Christmas performance sales - 1,301 Donations Incl, Co-op, Match Funding and Non uniform day 1 3,515 3,098 Year 6 Leavers 2022 Fundraising 937 Interest 6 134 24,957 28,351 Expenditure Bank charges - - PTA insurance 2 (128) (140) Subscriptions and licences 3 (174) (244) Operating Expenses 4 - (390) Cost of Sales (8,696) (6,745) (8,998) (7,519) Donations to the school 2023 2022

Fencing for Reception year outside area (12,450) MUGA courts transfer (7,991)

Year 6 Leavers 2021 Year 6 Leavers 2022 Governance Accountancy - Total expenditure Retained surplus/(deficit) for year	(1,579) (1,392) (20,441) (2,971) - (29,439) (10,490) (4,482) 17,861
		(10,490)
		17,861

Page 8 of 9

Notes

1 Non Uniform day Party box hire Amazon Smile scheme Benevity Match Funding CAF Match Funding Donation Give as you Live scheme 2 ParentKind 3 PlanSocial plan fees paid and refunded Lottery licence renewal Sum-up purchase 4 Tables, Tablecloths, Gazebos, Stationary	142 50 231 87 2,048 500 40 3,098 (140) (140) (46) (20) (178)
	(244)
	(390)
	(390)

Page 9 of 9