4RY SG
New End School Association
Trustees, Report and Accounts
For the Year Ended 31st July 2024
Registered Charity No: Ill￿24

Contents
1-4. Report of the Trustees
5. Independent Examiner's Report
6. Statement of Financial Activities
7. Balance Sheet
8. Notes to the Accounts
New End School Assoc18tion
Regsstered Charity No: 111524

Report of the Trustees
For the Year Ended 31st July 2024
The Trustees of New End School Association (NESA) present their report together with
the financial statements of the charity for the year ended 31st July 2024. The Financial
Statements have been prepared in accordance with the accounting policies set out on
page 7 and comply with the charity's constitution and applicable law.
Constitution
New End School Association is constituted under the NCFYA model constitution as
adopted at a meeting on 24th May 2005. The Association is a registered charity, No.
1111524. The principal address is New End Primary School, Streatley Pla￿,
Hampstead, IL)ndon NW3 IHU.
Trustees
The Trustees at the date of this report are:
Thorarinn Freysson
Alan Girling
Zoe Scott
John Eberhart
Kimberley Foley
Max Christodoulou
Sarah Jane Biggs
Helen Shariatmadari
Francisco Urzua Infante
Karyn Ray
Organisation
Trustees are appointed by the Board of Trustees. All decisions relating to the conduct
of the Association's activities are made collectively by the Trustees. Meetings are held
at least four times in the year. The Association has no employees.
Acting as bankers to New End School Association are:
Charities Aid Foundation, 25 Kings Hill Ave, Kings Hill, West Malling MEI9 4TA
Acting as Independent Examiner to New End School Association are:
Stockwell Bales Accountants Ltd, little Brambles, Chapel Road, Dereham, Norfolk,
N￿9 2AJ.
Objects
The Constitution by which the Association established and is governed provldes
that the Association's objective is the advancing of the education and welfare of
children attending New End Primary School, Hampstead, [￿ndOn NW3 IHU ('the
School,). in particular, by developing effective relationships between the staff, parents
and others within the School and engaging in activities or providing facilities or
equipment that support the School and advance the education of the pupils.
New End S¢hool Association
Registered Charity No: 111524

Objectives and Strategiesfor the Period
As well as seeking to sustain or improve the School's academic perforniance, the
Association continues to implement a strategic development plan to improve the
School Premises and provide educational resources. Further detai]s are covered below
under Future Plans.
Future Plans and Developments
The school ￿11 continue to benefit from the fundraising donebythe parent/carerbody.
We raise funds via events and sales, as well as a dedicated campaign encouraging one-
off or n]onthly donations into the NESA account, rebranded as NEST (New End School
Trust). The goal is to raise £ioo,000 annually to fund a specialist music teacher;
Unlocking Potential mental hea]th support; arts and curriculum enrichment (inc]uding
the Shakespeare in Schools project); art materials. trip reimbursements for pupils in
financial need; improvements to sports and games equipment and online learning
subscriptions. Spending priorities for this fund continue to be identified by the school
and revised annually.
This strategy has continued to prove successful, especially with Gift Aid claims
boosting donations. The Trustees are grate￿] for the ongoing support of
parents/carers and will continue encouraging regular, voluntary, anonymous
contributions to meet the school's immediate needs and long-term goals.
Typically, the funds raised each year are matched by equiva]ent spending, maintaining
a relatively stable capital balance. The trustees have discussed in detail what the
funding would look like if we lost the main parent donors, detailed below. They remain
committed to ensuring that funding is fairly distributed across all year groups, so that
children benefit either within the same year or over their time at the school.
The school continues to benefit from the generous support of two parents funding
major investment in ICT teachingi and another two parents who have generously
donated large amounts each year. The Trustees express deep gratitude for this
continued support and remain engaged in conversations around the sustainability and
long-terni impact of this ￿nding.
No external grant applications were made durAng the 2023/24 year, though the
Trustees plan to explore new funding opportunities in the coming year, including
corporate sponsors and alumni outreach.
Engagement with the school community continues to evolve. Trustees and class reps
have worked hard to support families and foster a strong community. In-person events
are a highlight, culminating in a highly successful annual Summer Fair and community
Internationa] Evening.
New End School Association
Registered Charity No: 111524

Activities during the Year 18tAugust 2023 - 3l$t July 2024
The Thistees maintained strong collaboration with the School through regular
meetings with staff and the management team to identify key funding priorities.
During the year, NESA raised £158,741 (gross) through donations and fundraising
activities, including:
Read-a-thon
Winter Fair
Sale of tea towels
Second-hand uniforni sales
NEST donations
Year 6 leavers, fundraising
Summer Fair
Movie Night
International Evening
Gift Aid
During the year the Association provided £186y356 funding to support the following
activities:
• Icr
PE supplies
Music
Chess
Mental Health Pro￿s1On
Curriculum development
Insta]lations and Equipment
Outdoor garden space
Cost of 2022-23 Y6 t£avers fund
Grant-making procedure and policy
Funds from NEST are earn]arked annually based on the school's identified spending
priorities. For other funding requests, applicants must submit a fornial proposal
detailing the activity, beneficiaries, cost, timescale, sourcing, and alternative funding
availability. The school management team appends comments to the application.
Trustees review all applications for alignment with NESA'S objectives. Payments to the
school are made only upon receipt of valid invoices (see NESA policy handbook).
New End School AssoGiation
Registered Charty No.. 111524

Inaneial Revaew
Income for 2023124 totaled £158?741, including £404 in Gift Aid and £219444
raised by events.
Outgoings for 2023124 were £1869356, with Icr enrichment expenses totaling
£38,094 and outdoors and science expenses tot￿]ng £12y639.
As at 3￿t July 2024, the Association's assets amounted to £11&316, primarily held in
a banIc account.
Investment Poliey
The Trustees continue to monitor the balance in the bank account, but at this time
believe a long-tenn investment policy is not appropriats as the funds are intended to
be held for a short terni. The funds will be retained in a current bank account.
Reserves
Unrestricted Funds Tepresent the free reserves of the Association. Restricted Funds are
temporarily held for specific purposes. As there are no fixed expenditure
commitments, the Trustees do not maintain a target reserves level.
Risk Management
The Trustees consider the ris1￿ fa￿a by the Association to be minimal and that no
further mitigation steps are necessary at this time.
>2, of 2bLJ-
Approvedby the Board ofT￿SteeS on................
k cllw4trrb0￿
Andsignedon its behalf by Treasurer.......23-05-2025...........
Francisco Urzua Infante
New End School Assoclalkn)
R¢gisternd Chaiity No: 111524

Independent Examinorfs Report on the Accounts
NEW END SCHOOL ASSOCIATION
Charity No: 1111S24
Accounts for the year endod 31 July 2024
R88P8ctive responslbllltles of trustees and examlner..
As the charity's trustees you are responsible forthe preparation of the accounts; you consider that
the audit requirement of settion 144 of the Charities Act 2011 (the Charities Act) does not apply. It
is my responsibility to state, on the basis of the procedures specified in the general dirertions given
by the Charity Commissions under settion 145{51{b) of the Charities Act, whether particular matters
have come to my attention.
Ba818 of independent examlnorfs rnport:
My examlnatlon was carrled out In accordance wlth 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 these records. It also include5 the consideration of anv
unusual items or disclosures In the accounts, and seeklng explanations from you as trustees
concernlng any such matters. The procedures undertaken do not provlde all the evidence requlred
in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Indopendent examlno¢8 8tatsmont
In connectlon wlth my examlnatlon, no matter has come to my attentlon:
i)
which gives me reasonable cause to believe that In any material respect the
requirements
a) to keep accountlng records in accordance with section 130 of the Charitles Act; and
b} to prepare accounts which comply with the accountlng record5 and accounting
requirements of the Act, have not been met,
or to which, in my opinion attention Should be drawn in orderto enable a proper
understanding of the accounts to be reached.
Clalre Stockwell FCA, Bsc
Fellow of the Institute of Chartered Accountants in England and Wales (ICAE
stockwell Bales Accountants Ltd
Little Brambles
Chapel Road
Longham
NR19 2AJ

11
Ill

NEW END SCHOOL ASSOCIATION
BALANCE SHEET AT 31 JULY 2024
2024
2023
CURRENT ASSETS
New End School debtor
Cash at bank
Cash in hand
Benèvity balance
Paypal balance
Strlpe balance
Sum Up balance
Izettle ba18nce
4,738
131,782
530
108,855
651
117
1,693
167
1,373
341
111,316
138,931
UNRESTRICTED FUNDS
4,762
General Fund8
5,666
Deslgnated Funds
Educallon81 Resources and Pr8m1888
Year 6 Le8v8rs Fund
92.275
86.293
513
88.782
84,780
Restrlcled Fund8
ICT Enrichment
Outdwrs and Science
5,507
25,821
16,888
49,821
111318
139,163
The designated funds were 8et up by way of:
fvnds raised at events held for the purpose of raising funds speclfl¢ally to 5UPPOrt the
development of the school envlronment and Improve educavonal resources.,
individuals for the purpose of 8UPPOrting the development of the school envlronm&nt and
Improve educationat resources.
Thè re8lrictsd funds are those where donors havg 8pecified how thelr don8tlons should be spent. These are..
a donation received specified for reslrlcted use on ICT enrlchment withln the School
b donation received specified for restricted use on Ouldoors and Science endchment wlthln the 8chool
Approvéd by the board oftnjstees on .....
.S/2*..... and 8lgn8d on ils behalf by
Max Chrlstodoulou
Chair

Accounting Policies
a. Basis of accounting
The accounts have been prepared on a receipts and payments basis.
Income and expenditure are shown gross for the year ended 31st July 2024 in
accordance with the Charities Statement of Recommended Practice (SORP).
"Accounting and reporting by Charities" published in March 2005, applicable
accounting standards and the Charities Act 2011.
b. Income
Donations are credited when received, interest is credited when received.
c. Restrxcted and Unrestricted Funds
Wbere applicable, funds held on specific trusts, where the donor has made a
specific declaration for a particular use, are classified Restricted Funds.
The General Unrestricted Funds represent an amount agreed by the Trustees to
cover general expenses, provide floats for events and to cover any expenses
incurred before an event takes place. Designated Unrestricted Funds are those
funds earmarked to support the purchase of educational resources needed by the
school and for the development and refurbishment of the school building and
premises.
Notes
Transactions with Trustees:
The Trustees carried out activities and duties for the Association on a voluntary
basis and were not remunerated for their contribution.
The Trustees did not provide any professional services to the Association.
New End School Asgocialion
Registered Charty No.. 111524