FRIENDS ASSOCIATION OF BONNEVILLE
Registered charity number 1106264
Report and Accounts
Year Ended 31 August 2022
FRIENDS ASSOCIATION OF BONNEVILLE Registered Charity Number 1106264 Report and Accounts for the Year Ended 31 August 2022
Charity Number: 1106264
Report of the trustees for the year ended 31 August 2022
The trustees present their annual report and financial statements of the charity for the year ended 31 August 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 1993 and the Statement of Recommended Practice: Accounting and Reporting by Charities published in 2005.
Trustees
Carol O’Gorman appointed 1 September 2019; resigned 1 September 2022 Emily Sharp appointed 7 October 2020; resigned 1 September 2022 Jennifer Aikins Appiah appointed 1 November 2019; resigned 24 November 2021 Cindy Raquel (Lola) Morales appointed 13 December 2021 Rachel Lum appointed 1 September 2022 Stephanie Cuff appointed 1 September 2022 Wezi Kandawire appointed 1 September 2022
Committee (elected / re-elected at the AGM 14 October 2022) Rachel Lum Chair Stephanie Cuff Co-Treasurer Wezi Kandawire Co-Treasurer Lola Morales Secretary
Address
Bonneville Primary School, Bonneville Gardens, London, SW4 9LB
Structure and Objects of the Charity
The Charity is an unincorporated organisation formed under a constitution adopted on 18[th] November 1999 and updated with amendments approved at the AGM on 7 October 2020. The Charity is run by a Committee of volunteers who are elected at the Annual General Meeting. All trustees are appointed by the Committee and serve on a voluntary basis.
The object of the Charity is to advance the education of the pupils of Bonneville Primary School in Clapham. Specifically, the Charity aims to:
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develop extended relationships between the staff, parents and carers, and others associated with the school,
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engage in activities which support the school and advance the education of the pupils attending it,
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provide and assist in the provision of such facilities or items for education at the school (not provided from statutory funds) as the trustees, in consultation with the School governing body, deem appropriate.
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FRIENDS ASSOCIATION OF BONNEVILLE Registered Charity Number 1106264 Report and Accounts for the Year Ended 31 August 2022
Review of 2021-22 Activities
During the 2021-22 school year, the Charity organised a range of fundraising events raising gross income of £14,765 (2020-21: £8,590) with costs of £3,740 (2020-21: £1,396) generating a surplus of £11,025 (2020-21: £7,194). The difference between the 2021-22 school year and the prior 2020-21 school year is largely due to the effect of the COVID pandemic on the prior year, which prevented many in-person social activities and large fairs from occurring. Thus, the 2020-21 year was unusually less productive, while the 2021-22 school year represented a return to normal activities. In particular, the 21-22 year included both a Christmas and Summer Fair, generating a net of £6,898 in surplus, while the previous year did not include any fairs.
In addition, the charity received £12,921 (2020-21: £16,404) in donations, somewhat reduced from prior year donation levels.
A total of £29,880 (2021-21: £22,899) was spent during the year to support the school. In comparison to the prior year in which funds were allocated for several purposes, this year the funds went only to one project, which was the refurbishment of the Year 5 and 6 Front Playground.
The Charity ended the year with £26,097 available for further support to the school, all of which remains unrestricted. All reserves are held in the Charity’s primary bank account or as cash in hand, for future disbursement in accordance with the Charity’s Objects.
The Charity is dependent on volunteers both for its governance and organising its events and wishes to thank all its supporters for their hard work during the year. The Charity has no paid employees and does not pay for fundraising or other services.
This Trustees report was approved by the Trustees on 1 September 2022.
Emily Sharp Treasurer Friends Association of Bonneville 1 September 2022
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FRIENDS ASSOCIATION OF BONNEVILLE Registered Charity Number 1106264 Report and Accounts for the Year Ended 31 August 2022
Independent examiner’s report to the trustees of Friends Association of Bonneville
I report on the accounts of the charity for the year ended 31 August 2022, which are set out on pages 1 to 5.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 43 of the 1993 Act
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and
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to state whether particular matters have come to my attention.
Basis of Independent examiners report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual terms or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records, to prepare accounts which accord with the accounting records and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Relevant professional qualification or body: Address: Date:
Pete Gardner Chartered Accountant (ICAEW) 109 Abbeville Road, London, SW4 9JL June 2023
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FRIENDS ASSOCIATION OF BONNEVILLE Registered Charity Number 1106264 Report and Accounts for the Year Ended 31 August 2022
| Income Statement | |||
|---|---|---|---|
| Note | Year | Year | |
| ended | ended | ||
| 31-Aug | 31-Aug | ||
| 2022 | 2021 | ||
| Incoming Resources | |||
| Income from events | 2 | £ 14,765 | £ 8,590 |
| Charitable Donations | £ 12,921 | £ 16,404 | |
| Total incoming resources | £ 27,686 | £ 24,994 | |
| Resources Expended | |||
| Cost of charitable activities | 2 | £ (3,740) | £ (1,396) |
| Governance costs | £ (128) | £ (123) | |
| Donations to Bonneville Primary School | 3 | £ (29,880) | £ (22,899) |
| Total resources expended | £(33,748) | £(24,419) | |
| Net incoming/(outgoing) resources | £ (6,062) | £ 575 | |
| Total funds brought forward | £ 32,159 | £ 31,584 | |
| Total funds carried forward | £ 26,097 | £ 32,159 | |
| All funds are unrestricted |
Balance Sheet
| Balance Sheet | |
|---|---|
| As at As at |
|
| 31-Aug 31-Aug |
|
| 2022 2021 |
|
| Assets and liabilities | £ 26,097 £ 32,159 |
| Cash at bank and in hand | |
| Net assets | £ 26,097 £ 32,159 |
| Funds of the Charity | |
| Unrestricted funds | £ 26,097 £ 32,159 |
| Total Funds | £ 26,097 £ 32,159 |
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FRIENDS ASSOCIATION OF BONNEVILLE Registered Charity Number 1106264 Report and Accounts for the Year Ended 31 August 2022
Notes to the Report and Accounts for the year-ended 31 August 2022
1. Accounting policies
The financial statements have been prepared on a receipts and payments basis.
All funds at 31 August 2022 are unrestricted, available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are earmarked by the Management Committee for particular purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. No funds are restricted or designated.
2. Activities for generating funds
| Year ended 31 August 2022 | Year ended 31 August 2021 | |
|---|---|---|
| Income Expenses Net surplus |
Income Expenses Net surplus |
|
| Activities | £3,040 £(1,856) £1,184 £8,533 £(1,635) £6,898 |
£954 - £954 - - - |
| Social events | ||
| Fairs | ||
| Second Hand Sales | £299 - £299 |
£769 - £769 |
| Children's Events | £2,893 £(249) £2,644 |
£1,174 £(38) £1,136 |
| Christmas Events | - - - |
£1,678 £(1,297) £381 |
| Business Events | - - - |
£2,640 - £2,640 |
| Summer Raffle | - - - |
£1,375 £(61) £1,314 |
| Total | £14,765 £(3,740) £11,025 |
£8,590 £(1,396) £7,194 |
3. Donations to Bonneville Primary School
| 3. Donations to Bonneville Primary School | |
|---|---|
| Year Year |
|
| ended ended |
|
| 31-Aug 31-Aug |
|
| 2022 2021 |
|
| MUGA planning application costs | - £8,050 |
| Gym Park Playground | - £9,667 |
| Improvements to school premises | - £2,000 |
| School Lunch Provision | - £2,592 |
| Other donations | - £590 |
| Year 5/6 Playground | £29,880 - |
| Total | £29,880 £22,899 |
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