REGISTERED CHARITY NUMBER: R•port ofth• Trust•M •nd Un•udll•d Flnancknl St•l•M•￿ fo¢ th• Ymr end￿ 31•t AugU•t 2023 Vgnlas AcrAyJntsnts & Ath3ory Limrtod The Lexits)n Mount Slreel IA2 5NT Prestbury khool PTA Contents of the FlnarKl*l 5tat•mer for tht Y•ar Ended 31st Auwsi 2023 P•g• R•port ot th• Tru*t••• 1 to 2 Ind•p•nd•nt Ex•rnlnrfs R•ptyt 8tat•m•nt of Fln*nd•l Acovttl B•l•ne• Sh••t Nrf•• to th• FIn•neI￿ Stat•m•ni• 6 10 10 D•t*ll•d Stst•m•nt of Flo)•￿1￿1 AdltAtI•• 11 Prestburykhod PTA forthe Ye¥r Ended 3ty Aulust 1023 The trustees presenl Iheir rew *ith the finoncial ststements of th• for the ypar ended 31st August 2023. The Injstees have 8dopt8d the provi&ons of ArANJntirwJ 3rvJ ReFth"ng by Charibes: Stalement ol Recommend8d Practice appliCa￿e to chants.es p￿paring their aC￿ints in accc*dance wlh Ihe FinarKig1 Rewknng StoThJard athicabb in the UK and Republi¢ of Ireland IFRS 1021 lèffsthiw 1 January 20191. OBJECTIVES AND ACTIVITES Oblo¢tlvo8 and alm* The charitvs objects a￿ to roise for the b￿offt of Pre8ttMJry Cc4E fvimary Schcd. The pcliues athpted kn furtherance ol these objects afe the undertaking of vatious ftmdwing aclNlb"es. and th& operation of a unifom) shop. Th¢re hav• been no change in thtte duiing the year. The th8rity seeks to 9gnwaté a&Jthnal incoTr* frc*n a rar¥J• of ￿￿TC4S to ¢C￿lI1buttr ttr•Ards the operatlng costs ol th• ¢harity. The trustee¥ have pald regwd to lswed by the Chty Comm15sbn In vthat ath'¥iti¢s the charity Ihouhl und•rtak•. ACHIEVEMENT AND PÉRFORMANCE Charltsbl• ￿tI¥ll1•* We h8vg contlnuad to make goG%l progress ojr doarty defin*J ¢*J'xtivg6 to r•is8 addibonal funding th8 Preslbury Co Primary and to provide fvnd$ for resourc￿ r•wtsd ty tho h8p•Jteachw and st8ff to SUFVOrt the schcol d advance the edU￿150Th of the WFWIS. FINANCIAL REVIEW Flnanclal polltlo 11 is the polity of tha thanty that unrestrtcthd funds rh)t bo¢n ￿L￿t•d IC￿ a 6pecafic use th￿Id be malntalned at a level equivaleni to bewn thr8• and six rnonth's •xp8ndibJrfr. The trustoes considers that rnsatves at this Iwal ￿11 ns¢Jre that, In the event of 8 si9nnlcgnt drnp in fundiThJ. they w*ill be to ¢4)ntinue the charivs cyrr8nl actlwties vthlle Considerati￿ is gl¥en lo ￿y3 In *Nch addrtionol fvnds may be r*sed. Thi8 level of reserves has been malnt*ln8d thr￿9h(yJt th• ￿9¢. Th& trusta•s has a￿SSed Ihe malor risks to 7AthIth the tharlty IB exFrfJ88d, and Brt $8J$fi•d that 8y81oms aTe in ￿¥¢0 lo MI￿94t0 exposure to the major ri8k¥. STRUCTURE. GOVERNANCE AND MANAGEMENT G0￿mIng do¢um•nt Th¢ tharity is ¢￿trOlled by its o)verrAng ¢s￿n￿nI. a dged of Irult and cg)nstlut•s an unlncuyated thanty. Th? tharity b pn unirw4Jf8t8d thathable w¥wnod by • Twat Déthj ond controwed and mainl•in8d by govemlng body refer￿￿ to as the TOL8te￿. Th• tnJsts•s 8•Ned durfrw Ihe WKI up lo Ihts daté ol slgnalur• fth8na81 statements ￿re.. E AbbJt4atity Mr D J Ca￿ndar Miss S Pitthman Mrs A N*)ntgom•ry Th? tw3￿9 VAI only consth the 8PWMntment ol InJstee5 Itsknere they believe ts add￿'On of any new Irust86 can considerabty add to the expertise and ?xpgrignc* of lh• diarity8 t￿sInesS. The trustees are tho d•clsic makers vthere the apwjint￿nt of any new Iwstees are c(#)cemed. REFERENCE AND ADMINISTrATIVE DETAILS RegIst•r￿ Charlty numb•r Page I prestburyScl￿pl PTA A¢portolth• Tntyttts forthe Year Ended 3tst A￿￿$1 2023 Prlnclpal address Presibury C of E Prlmary Schc Bollin Grov8 Prestbury Cheshire SK10 4JJ Tru$te•J D Capener S Pittharn K Lappin lappolnled 3.3.241 S Nord8je (appointed 1.9.241 S Brwlrdl8 lappolnte(11.9.241 Ind•p•rtd•nt Examln•r Veritas Ar￿Untants & Adthry Llmitad The Lexicon Mount Street Manchester M2 5NT AFS)roved by crfder olthe b￿rd oltrustees on............................................. aThJ slgned bthair w. D Cap9￿r. Trust•• Page 2 Independent Examlner'5 Reporttoth¢ T￿￿tt$ of Pr•stbury Sthool PTA Independent •￿mIne￿$ r•port to tho Iru5t••s of Pre6tbury School PTA I report lo the charity trustees cn my examinabon ol the 8¢counts of Pr?￿ry Sch￿1 PTA (the Trust) Ihe ended 31st August 2023. Responslbllltles and b•slx of r•port As the charity trustsés of the Tnjst yw arg resp(￿￿bIg fry th? preparalion d the accounls in ¥cordance *ith the requirements of the Charitjes Art 2011 Cthe Acri. I repjrt in respect of my examinat￿ of the TN¥Ys acawnts carri•d (Art under Secl*)n 145 of the Act And In cwTring out my examination I have f&Yow8d all aN)Ilca￿e Di￿￿10n8 by the Charity C(xnmi55bM Section 145(5)Ibl ol the Act. Ind•p•nd•nt •xamln•¢s 8tat•m•nt I have completed my exanwnabon. l that no maknial matters have cC￿e to my 8tt￿tIOn In CL￿neCtion ￿1h the exarnination gNing ￿ c8USè to believe that ￿ any maleri81 ￿SpeCt 8cciJunting records V+ve not kept In re$F￿￿ of tho Trust as requirnd by Sethn 130 ofth8 Aca., OT th8 a¢￿￿nts do accL¥d hith those re¢cth,' or Ihe aco)unts do not ccmpty ￿1th fv aw)licabl• r*qL￿reMants (￿C*m1ng Ihe IC￿ aThY t>￿ of a(>xJunts Bet out In Ihe ChariDos {AcC￿nts and R•pthtsl Regulaticffjs 2(KA olher than any rg]LNr•ment thal the accrJJnl8 glvtt • true and fBir view thich is not a matter cimsidered 85 P•rt ofan indèwtvjent examinati¢￿. I have no concems aThJ have corm no othw mattws in c%>nneCti¢￿ *lth the examinatirn to v*hleh aitentth 8ho*Jld b8 dravm In Ihls report In order io enab￿ a prtyr und•rstaThlThJ (rf the amnts to be reached. 88m#rd V•rby Vgritoty Accounthnts & AthIKJry Limited The Lexlcon Mount Stregl Mand)ester M2 5NT Data.. Pa8e 3 Prestbury Sth4￿ PTA St•tement otFln•nd4 Artmyes for the Year Ended 31rtA￿￿￿ 202> 31.6.23 31.822 Total fvnds fvnd Not¢• INCOME AND ENDOWMENTS FROII DL¥)ation5 and legaaos 413 247 Ch•rlt•bh a¢¢1￿11 Admknistratbon Other tradiThJ athMIi8S InV￿tMent incomg 31,778 Total 45,028 32.030 EXPENDITURE ON Raising fijnds 25.881 25,806 Charltabl• actMtb•• Administration 25.105 2,088 Tot•1 50.986 27,894 NET INCOMEIIEXPENDITUREI 15.9581 4,136 RECONCILIATION OF FUNDS Total funds brought forward 21.892 17,556 TOTAL FUND8 CARRIED FORWARD 15.734 21,692 The rM)tesfom partofthese finarKlal 5tstements Pa8e 4 PresthJrySthool PTA 8•linte Sheet 3tst August 2023 31.8.23 unre￿rIct•d fund 31.8.22 Tot*1 fvnds CURRENT ASSETS Stod(s Debtcws Cash at bank 5,077 229 12,047 5.077 18,780 17,353 23.857 CREDITORS Amounts falling due Mithln one year (1,619 12,1651 CURRENT ASSErs 15.734 21,692 TOTAL ASSETS LESS CURRENT LIABIUTIES 15.734 21,892 NET ASS￿3 15,734 21,692 FUNDS Unr85trfcied funds 10 15.734 21.692 TOTAL FUNDS 15.734 21.592 The finanual statements ￿Te by Ihe 8oJrd ol TNgt••s and authCrf￿ ts 168ue ............................. . and wwe ¥lgned on fts b•h&ll ty. D CaFener- Trustee The notesform part olthese financial S￿ements Pa8e 5 Prethryschool Notssto the Flnanclal Sl**rntr forthe Yur Ended 3tst Au¢ust Z023 ACCOUNnNG POLICIES Ba•1• ol pr•parfng th• flnandal stat•M￿ts The finanaal stalements of the tharity. is a wbthc benefit ents.ty under FRS 102, have been prepared in a¢￿)rdance with the Ch*ibèS SORP IFRS 1021'ALxwnting and Rewrting by Ch8n￿s.. Ststement of Recomrnended Practice 8pFAi¢at4e to charities preparing Ih8ir accL￿nts in accordance wilh tho Financial Reporting Stsnd8rd applicabl• in thè UK and RgputrAic of I￿￿8￿1 IFRS 1021 (effective 1 January 2019>,, Financial Rewting Standard 102 Tha Financial Rerth"ThJ Stsndard applicab￿ in Ihe UK and Republic ol Ir81arKf and Ih8 ch￿1￿&S Act 2011. Tho flnanaal sI*gff￿nts have been prepared 1￿mIer the histonral CA)St convention. Incom• l inctyne is rec¥)gnised In tho Stalem8nt ol FinancA81 tsr￿ th¥ ¢horfty ha8 enttuement to the funds. 11 1 probabkn that inccYDe wll b? reCei￿d wvj the arn1￿t can b8 Mea￿ved relkqbty. EXWdl￿r* Llabilities 8re recogTh88d 88 8¥penditur• 88 sc0￿ 88 th8rn 18gal or c4)nslntrctfjv• commlthng th• ¢hartty io that exp•ndrture, il is FYobabl• Ihat a tran51er ol •c￿l¥nIC b￿&fitS wll be requi￿ in sewement and the atTr)unt ol the oblg8tion can be measured ￿1iabty. Expen¢Jiture Is accA)unled for on an aecwals b85b8 and has d9851fiad under head￿g5 Ihal aggregate am (xjst r8lated io the c8¢egw. Whefe costs camot b& dlredy attritr*Jted to particular he8dinq8 they have been alk¢ated to on a ba•$ ¢t￿lI￿nI the ol re80urc•s. Grants offernd wbi•ct to condltiws vknkh not bg¢n 41 th¢ yew end are noted 08 8 commitment not accw8d a$ exp8ndilure. 8toGk• Stodcs a￿ valued at of CfAt ar￿ net r&alisatts Y￿u0. •ft•r m•knng due allu4b7nce for obsolete and ￿0￿ moving it•ms. T￿atIon T￿ charity i¥ exenpl lax (m ils (*aritable acb¥ib•s. Fund •¢countbng UnrosthL*ed fuThJs can bo us•d In ac£udI￿1 *•Alh th• tharil•)le r*iKtives at ihe dis(nlon of the trust•8s. Re3tricted lund8 can C￿ty be usad for partstybr T￿¢￿&￿ pu￿ wthin the obl8ets of ¢h8 chorfty. Rtsstn'dtons •rise ¥¥hen SFeafieLI by the do￿ or *then fuThJs we raise￿ for pawlicular ￿trIcted purposes. Ftsrth•r ¢xplan8bon of th• nAlur• And ole** fund 16 inds*J&J kn th• ￿t•S to fin8nd81 ststoM￿ts. OTHER TRADING ACTMfiES 31.&23 31.8.22 Fundraising •v•nts Shop Income 37,273 7,082 14.990 16,788 44,355 31,778 Page 6 continued... Èstbury 5th001 PTA Notes tothe Anandal Ststoments. (onllnued fortheyear End•d 31st 2023 INVESTMENT INCOME 31.8.23 31.8.22 Interest receiYdt4e- tradiThJ 110 TRUSTEES. REMUNERAT￿1 AND BENEFITS Ther& ￿Te rK> tntstees, rem￿erall￿ ry othtr banefits fcff the year endad 31st August 2023 nor lor tho year ended 31st August 2022. Trustw•' •xp•n• Thare ￿re no I￿￿te88. exp￿8￿ pAhJ lor the ev¥￿j 31st August 2023 rK>r for the year ende(I 31st August 2(Y22. COMPARATIVES FOR THE STATEMEpif OF FINANCIAL ACTNMES Unrertrlrted INCOME AND ENDOWPAENTS FROM oThJ legac4e8 247 O¢her trading Investment incom8 31,778 Toi•l 32,030 EXPENDITURE ON R8ising fvnd$ 25.806 Chadtsbl• •thlll•• Administration 2.088 Tot¥1 27,894 NET INCOME 4,136 RECONCILIATION OF FUNDS Tolal funds broughl forward 17,556 TOTAL FUNDS CARRIED FORWARD 21,692 P4*7 contlnued... Prestbury Sttrml PTA Notesto the FInar￿al 5tstemettts-t4￿ttrA￿d forthe Yeirended 315t Auwst 2023 STOCKS 31.8.23 31.8.22 Stocks 5,077 5,077 DEBTORS: AMOLINTS FALUNG Due wrrHIN ONE YEAR 31.8.23 31.8.22 PrepayTnents and ac47ued inccme 229 CREDrroRS: *JAOUNTS FALL114G DUE wrrHIN ONE YEAR 31A.23 31.8.22 88nk loans and (w•rdrafts19oe not• 9) Trade credii 343 1,276 2,165 1,819 2,165 LOAN8 An •n8lysis of thè maturity of lo￿$ is given behy•r. 31.1.23 31.8.22 Arnount5 faling duè ￿*thin on• yew on demaThJ.. Bank overdfaft8 343 10. MOVEMENT IN FUNDS N•t m0￿Ment In lundi At 311gIZ3 At V9m un￿trICI•ll fund• Gw•MI lund 21.692 15,958) 15,734 TOTAL FUNDS 21.692 15.9581 15,734 Net movement in fur¥Js, Ind￿ kn the above #rn •$ fcknrn.. •xp•nd•d lunds unr•St￿et*d funds General fund 45.028 I￿,988) {5,9581 TOTAL FUNDS 45,028 I￿,986) {5,9581 P48e8 continued... Pre5tbury School PTA Note5 tothe FIDandal Statwnents. c(Yrtlr•xd for the Ye•r Ended 31s¢AUv￿ 202> 10. MOVEMENT IN FUNDS. Mntlnu•d Comparntlvas for mo¥•mDnt In lunds N•t At yil8122 At 119ni In lundi Unrostdcted fvnd• G•neral fund 17.556 4.136 21,6¥2 TOTAL FUNDS 17.556 4.136 21,692 Ctynpar#b"vtr rwt IT￿v•￿￿ in I￿￿¥. inckthd in abovo org ￿ Idhm.. Incoml Re5QU￿•S expend•d Movement In fvnd5 UnfMtrld•d fund• General hjnd 32.030 127,8941 4,136 TOTAL FUND8 32,030 127,8941 4,136 A curTenl yyar 12 monlh8 and year 12 rmnths p)SlUc￿lS a8 ft4k)w8'. N•t At Vgni Sn funds 3118123 Unr••trlthd fund• G•n8ral fund 17.556 11.8221 15,734 TOTAL FUNOS 17,SS8 11.8221 15,734 A cutY•nt y•8r 12 m￿lh& and fv year 12 c4mnt￿n￿y n8t ffK)vemenl In fund8. Indud8d In abov• tn a$ folbw5 Inromlnl In fvnds Unr•$trfct•d funth G￿er¥I fwd 77.058 178,8801 11.8221 TOTAL FUNDS 77.058 78,8801 11,8221 Pap9 continued... PresthurySchocA PTA Notesto the Flnan