## **SNARESBROOK PRIMARY** ## **PARENT TEACHER ASSOCIATION** **Charity registration number 1104361** **Reports and Accounts for the year** **ended 31 August 2024** Prepared by Tom Smart, 35 Eagle Lane, London, E11 1PF SPPTA Treasurer Page **1** of **8** ## **SNARESBROOK PRIMARY** ## **PARENT TEACHER ASSOCIATION** ||Page| |---|---| |Statement of fnancial actvity|3| |
Statement of fnancial positon|4| |
Statement of trustees’ responsibilites|5| |
Policies of the Charity|6| |
Independent examiners report|7
| |
Detailed income and expenditure|8| Page **2** of **8** ## **Statement of financial activities** ## **for the year ended 31 August 2024** |
**Incoming resources from generated funds**


Fund raising

Interest


**Total incoming resources**



**Cost of generatng funds**


PTA related expenses

Cost of Sales


**Charitable actvites**


Donatons to school



**Total resources expended**

Net movement in funds
|£


28,523
228| |---|---| ||28,750| ||



(457)
(8,990)


(21,950)

(31,397)| ||(2,647)| Page **3** of **8** ## **SNARESBROOK PRIMARY** ## **PARENT TEACHER ASSOCIATION** Statement of financial position at 31 August 2024 |**Assets**
31/08/2023
Cash in Bank
28,762
Debtors
0
Total
**Liabilities**
**Net Assets**
Funds Carried Forwards|31/08/2024
£
26,115
28,762
0
28,762
28,762|£| |---|---|---| |||26,115| |||0| |||26,115| |||26,115| Page **4** of **8** ## **SNARESBROOK PRIMARY** ## **PARENTS TEACHERS 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 Williams ………………………………………………………………………………………………… Date 23/6/25 Rosemary Centano Williams Chair of the Trustees Page **5** of **8** ## **SNARESBROOK PRIMARY** ## **PARENTS TEACHERS 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 **8** ## **SNARESBROOK PRIMARY** ## **PARENT TEACHER ASSOCIATION** ## **Independent examiners report for the year ended 31 August 2024** 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 ……………Richard Green………………………………………………………… Date 25/6/25 Page **7** of **8** ## **Detailed Statement of Financial Activity** |Note|**2023**||**2024**|| |---|---|---|---|---| |**Income**||||| |Christmas Bazaar|7,374||8,728|| |Christmas Cards|516||382|| |Silent Auction|||1,175|| |Easter Egg Hunt|810||1,429|| |Quiz night|1,119|||| |Halloween/School discos|1,556||884|| |Summer Fete/Adverts|10,539||13,455|| |Stay & play|968||424|| |Cake, Ice pops & Christmas performance(1)|1,301|||| |Donations/Matching|3,098||1,902|| |Year 6 Leavers 2022 Fundraising|937||105|| |Interest|134||228|| |Other|||40|| |||28,351||28,750| |**Expenditure**||||| |Bank charges|0|||| |PTA insurance|(140)||(153)|| |Subscriptions and licences|(244)||(20)|| |Operating Expenses|(390)||(284)|| |Cost of Sales|(6,745)||(8,990)|| |||(7,519)||(9,447)| |**Donations to the school**||||| |Year 6 Leavers 2021|(1,579)|||| |Year 6 Leavers 2022|(1,392)|||| |ICT Suite|||(16,000)|| |Playground Paint|||(4,347)|| |Year 6 Leavers 2023|||(1,603)|| |||(2,971)||(21,950)| |**Total expenditure**||(10,490)||(31,397)| |**Retained surplus/(deficit) for year**||17,861||(2,647)| |Notes to the accounts||||| _(1) Rolled into Christmas Bazaar for 2023/24 accounts_ Page **8** of **8**