Prestbury School PTA
Report of the Trustees
for the Year Ended 31st August 2024
The trustees present their report with the reviewed accounts of the charity for the year ended 31st August 2024.
The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objects are to raise funds for the benefit of Prestbury CofE Primary School. The policies adopted in furtherance of these objects are the undertaking of various fundraising activities, and the operation of a school uniform shop. There has been no change in these during the year.
The charity seeks to generate additional income from a range of sources to contribute towards the operating costs of the charity.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
We have continued to make good progress on our clearly defined objectives to raise additional funding for the Prestbury CofE Primary School and to provide funds for purchasing resources requested by the headteacher and staff to support the school and advance the education of the pupils.
FINANCIAL REVIEW
Financial position
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity is an unincorporated charitable institution governed by a Trust Deed and controlled and maintained by a
governing body referred to as the Trustees. The trustees who served during the year and up to the date of signature of the financial statements were:
Mr D J Capener
Mrs S Pittham
Mrs K Lappin
The trustees will only consider the appointment of new trustees where they believe the addition of any new trustee can considerably add to the expertise and experience of the charity's business. The trustees are the sole decision makers where the appointment of any new trustees are concerned.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1109644
Principal address
Prestbury C of E Primary School
Bollin Grove
Prestbury
Cheshire SK10 4JJ
Trustees
D Capener
S Pittham
K Lappin (appointed 3.3.24) S Nordeje (appointed 1.9.24) S Bracegirdle (appointed 1.9.24)
Independent Examiner
Gillian Gray FCCA
Address: Eagle and Child Cottage
Nether Alderley Macclesfield SK10 4TW
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
..........................................................................
D Capener - Trustee
Balance Sheet
Prestbury School PTA
As at 31 Aug 24
| £ | £ | |
|---|---|---|
| Capital Assets | ||
| Net Book Value | 0 | |
| Current Assets | 21,749 | |
| Stock Adjustment | 4,363 | |
| Other Debtors | 338 | |
| Bank Account: Business Current Account | 7,223 | |
| Bank Account: PBY SCHOOL PARENTS | 9,824 | |
| _less_Current Liabilities | 6,981 | |
| Accruals | 6,981 | |
| Net Current Assets | £14,768 | |
| Total Assets | £14,768 | |
| Owner's Equity | ||
| Retained Profit | 14,768 | |
| Total Owner's Equity | £14,768 |
1/1
Profit & Loss
Prestbury School PTA
Accounting Year 2023/24
| Debit | Credit | ||
|---|---|---|---|
| Turnover | 38,543 | ||
| Lottery Income | 1,128 | ||
| New Uniform Sales | 5,310 | ||
| Pre Loved Uniform Sales | 665 | ||
| Welcome Meetings Income | 248 | ||
| Autumn Social Income | 1,353 | ||
| Other Income | 1,647 | ||
| Christmas Fayre Income | 12,458 | ||
| Elfridges Income | 2,952 | ||
| Wreath Making Income | 959 | ||
| Wonka Cinema Event Income | 5,082 | ||
| Doughnut Sale Income | 939 | ||
| Donations Received | 1,000 | ||
| Ice Lolly Income | 117 | ||
| Disco Income | 2,329 | ||
| World Book Day Income | 22 | ||
| Easter Income | 146 | ||
| Sports Day Refreshments Income | 312 | ||
| Break the Rules Income | 382 | ||
| Golden Ticket Income | 1,167 | ||
| Ice Cream Income | 257 | ||
| Gin Income | 70 | ||
| add Other Income | 176 | ||
| Interest Received | 176 | ||
| less Cost of Sales | 20,324 | ||
| New Uniform Costs | 4,320 | ||
| Elfridges Costs | 1,927 | ||
| Ice Lolly Costs | 62 | ||
| Disco Costs | 1,858 | ||
| Autumn Social Costs | 953 | ||
| Christmas Fayre Costs | 3,388 | ||
| Lottery Costs | 442 |
1/2
| Doughnut Sale Costs | 709 | |
|---|---|---|
| Easter Costs | 181 | |
| Wreath Making Costs | 857 | |
| Golden Ticket Costs | 1,085 | |
| Wonka Cinema Event Costs | 4,374 | |
| Ice Cream Costs | 5 | |
| Welcome Meetings Costs | 163 | |
| Gross Profit | 18,395 | |
| less Administration Expenses | 19,361 | |
| School Spend | 19,168 | |
| Subscriptions | 40 | |
| Insurance | 153 | |
| Operating Profit | -£966 | |
| less Drawings | £0 | |
| less Profit & Loss journal entries | -£15,734 | |
| Retained Profit this period: | £14,768 | |
| Retained Profit brought forward: | £0 | |
| Distributable Reserves / Retained Profit carried forward: | £14,768 |
2/2
Independent examiner’s report to the trustees of Prestbury School PTA
I report to the trustees on my examination of the accounts of the Prestbury School PTA (the Trust) for the year ended 31[st] August 2024
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act;
-
the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Gilian Gray
Name: Gillian Gray FCCA
Address: Eagle and Child Cottage Nether Alderley Macclesfield SK10 4TW
Date: 17[th] September 2025