## **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
1. 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
2. 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:
1. 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
2. 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**