Charity number: 1126941 Frlends of St Helen's (FOSH) Trustees, report and fJnancig1 statements for the year ended 31 August 2024
Friend5 of St Helen's (FOSH) Content$ P48e References and administration details Trustees, report Ind¢p¢ndent examinefs Teport Statement of financial activities Balance Sheet Notes to the financial statemcrtts
Friends of St Helen's (FOSH) Legal and administrative informv4tion Charity Dumbtr 1126941 Charlty Offices St H¢l¢n's Catholic Primary School Chargeable Lane London E13 8DW Trustees Mrs Gael Hicks Mrs Joyce Slaw Mrs Marilyn Ra8asa Mrs Sue Logan Mi55 Claire Doherty Mrs Marie O'Hanlon BMaker$ Nat West Bank PIC Page I
Friends of Sl Helen's (FOSH) Report of the trustees for tbe year ended 31 August 2024 The trustees present their report and the financial statements for the year ended 31 August 2024. The trustres who served during the year and up to the date of this report are set out on page l. Strueturel Eovernanee and management Friends of St Helen's is a regi51ered Charity ¥overned by its trust deed5 and regulati011S established by the Charity Commission in England and Wales. Objeetlves and a¢tivltl¢s The main obj¢ct of FOSH 15 ¢0 advance th¢ education of pupils of the $¢hool in particular by.. developing effective r¢la¢ionship5 between the siaff, parents and other associated with the 5¢hool engaging in activities or providing facilities or equipment which 5UPPOrt5 the school and advance the education of the pupils Achlevemenlj #nd PerformAnre During the year FOSH raised funds through raffles, a s¢hool disco and an Intemational Ev¢nin8 with thc 5¢hool community. All eyenis were well 5UPPOrted help¢d to maintain Strong sense of belonging to rhe St Helen's family, for children, parents and Staff. In addition parents eontinued to make regular voluntary contributions to 5UPPOrt the provision of additional facilities for the children. Ruerves poliey Tnlee5 aim to hold & minimum of three months rutming costs in reserve. Rl$k A$ge8sment The trustees are aware of the risks facing the charity. The mairt risks are.. a reduction of income from volurttary contributions and fund rAising events a lack of financial expertise within the charity Trustees have ¢nsured regular review of the charities a¢¢ounts and additional skilled trustr¢$ are io be recruited io ensure the risk continu¢ to be mitigated. Statement ol trustee5' T¢sponslbllitles The trustees are responsible for preparing the Tru5t¢es Annual Report and the financial statements in accordance with applicable law and United Kingdorn Generally Accepted Accounting Practice. Charity Commission requires the rruste¢5 to prepar¢ financial 5tatetnents for each financial year which give a true and fair view of lh¢ state of affairs of the charity and of the incoTnin8 resources and application of re50ur¢¢s. including the income and expenditure for that period. In preparing these financial statements, the trngtees are required to-. Page 2
Friends of St Helen's (FOSH) Report of the trustees for the year ended 31 August 2024 select suitable accounting poli¢ies ond then apply th¢m ¢onsistently- observe the methods and principle5 in the Chariiies SORP; make judg¢ments and estimates that are reasonable and prudent- sthie wheth¢r applicable UK Accouniing Standards have been followed. subjed io any material departure5 dis¢losed and explained in the fiDancial siaiements; and prepare the financial statements 00 the going concern basis unless it is inappropriate to pr¢5um¢ that the charity will Continue in op¢ration. The trustees are responsible for keeping proper accounting records which diKlose with reasonable accuracy ai any tim¢ the financial position of the charity and whi¢h enable them to ¢nsure ihat the financial stalemenis comply with r¢gulations. They aT¢ also responsibl¢ for safeguarding th¢ assets of the charity and hence for takin8 reasonable Steps for the prevention and detection olfraud and other irre8ulariiies. On behalf of ihe board Gael Hicks Chalr Page 3
Independent examiner's report on the aecounts Report to the trustsesl members of Friends of St H¢l¢n's (FOSHI On ecovnts for the year ended 31° Au8USt 2024 Cb&rity tto (If ADY) 1126941 Sel out OD pAges 5t09 l Tep)rt to the tnjstees on my examination of the &ccounts of the above charity Che TTU3t") for the year ended 31 August 2024. Respon$lbllltle$ As the charity tnwee$ of the TThsL you are r¢spon$ible for the preparion of the accounts in and ba315 of report accordance with th¢ requir¢ments of the Clwiti¢$ Act 2011 ('Yhe A¢¢"). l TeEM)rt in respeet of my examination of the Trnst's accounts carried out under section 14of the 2011 A¢1 and in carrying out my examination. I have follow¢d the gpplicable Diteclions givcn by the Charity Commis5i¢)n wid¢r sethion 145{5Xb) of th¢ A¢t. Ind¢pethdeDt I have complded my examination. I Confir that no mateTial matter8 have come to my exgémlll¢r'$ ltstettnt attontion in ¢onAection with the ¢xaminalion which 8ive5 me C$¢ to believe that in. any materi#l regpect.. •a¢counting recoTth were noi k¢ in accvrdance with se¢tion 130 of the Act or ie cOUnts do not accord with the accountin8 records I have no concerns and have come Acros5 no other matters in connection with the examinalion to which nti0Th should be drawn ID ord¢r to enable a proper understsnding of the accounts to be reached. Independent eumlller'i statement Sl8ned: Date: IL ht 202 Gyorgyi Callewi Rekv&nt professlonal qullficatloll(s) or l)ody (If
Dy):
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Friends of St Helen's (FOSH) StAtement of fin2neial Ydctivitie5 (ineorporating tb¢ income and expenditure account) For th¢ year ended 31 August 2024 Year ended Year ended Unre$trid¢d Restricted 2024 2023 Funds Funds Total Total Notes In¢omlnE resouries Incoming resources from generating funds.. Voluntary in¢ome Investrnent income 27,578 27,578 22,321 Total Incomlng resources 27.578 27.578 22.321 Resourc¢$ expended Charitsble activities Governance cosis 7,585 7.585 45,658 23 Total reJour¢a expendtd 7,585 7,585 45,681 Net incomlng l {deflelt) resources for the y¢gr I Net In¢om¢ l (dtflclt) for the year 19,993 19,993 (23.360) Total fjjnds brought forward 100,613 100,613 123,973 Total fund$ carrled forward 120,606 120,606 100.613 The statement of financial activities includes all gains and losses in the year and therefore a separaie $tatemen¢ of total r¢cognised gains and losses has not been pr¢pared. All of the above amounts rela¢¢ to continuing a¢tLVlties. The note5 011 Pa8es 5 to 9 fom an integral part of these flnanci81 $t*tement Page 5
Friends of st Helen's (FOSH) Balance sheet as gt 31 August 2024 2024 2023 Notes Fixed Asset$ Tangible Fixed Assets Curvent assets Cosh at bank and in hand 120,606 104.640 120,606 104,640 Credllors: amounts falllD8 due wlthln one year 4,027 Net current assetsl(118bllltles) 120,606 100,613 Net isse¢sl{liabililles) 120,606 100.613 Funds Unrestricted incorne ndS 120,606 100,613 TotHI funds 120,606 100.613 In Ylpproving these flDanci&l statements as trustees of the ¢h?rity we hereby confinn.. that fin&nciol stsiements give & true and fair view of the stai¢ of affairs of the charity a5 at the end of ihe financial year and of its income artd expenses for the year then eTrd in accordance with th¢ legal requirements. The financial statements were approved by the board on.. 9 January 2025 and signed on it5 behalf by.. a) Ggel Hleks Chalr The notes on pages 7 to 9 form an iDttgrg1 part of th¢se financial statement Pag¢ 6
Friends of St Helen's (FOSH) Notes to finanei21 statements for the year ended 31 August 2024 Accounting polleies The principal accounting policies are sLrnrIsed below. The accounting policies have been applied consistently throughoui the year and th¢ preceding period. Bg51s of a¢¢ountlng Th¢ financial siatemenis are prepared undeT the historical cost Convention and in accordance with the Statement of Recommended Practi¢e'Accounting and Reporting by Charili¢s' issued in March 2005 {SOIiP 2005) C•shnow The chArity has taken advantage of the exemption in FRS l from the requirernent to produce a cashflow statement because if 1$ a small charity. Ineomlng rewurees All incoming Tesources are included in ihe statement of financial activities when the charity is entitled to ihe incom¢ and the amount can be quantified with reasonable accuracy. The followin8 specific policies are applied to panicular categories tsf income.. Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of finan¢ial activities when receivable. Grants wher¢ entitlement is not ¢onditional on the delivery of a spe¢ifi¢ perf0mnCe by the chariiy are recognised when the charity becomes uncortditionally entitl¢d to the grani. Donated services and facilities ore in¢luded at ihe value to the chariiy where this can be quantifi¢d. The value of services provided by volunte¢rs has not been included. Gifts donated for resale are included a5 incoming resoLw¢es within activiti¢s for 8ener&ting funds when they are 501d. Grants, including grants for the purchase of fixed &ssets, Are re¢ognised in full in the statement of financial a¢iivities in the year in which ihey are receivabl¢. Income from investment5 IS Lncluded in the year in which it is receivable. Rejources expended Expenditure is recogni5¢d on an ¢ral basis as a liability IS incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the exp¢ndilure to which it relates. Costs of generating funds ¢omprise the costs associated with attra¢ting voluntary income and the costs of trading for fvndr?ising purFX)ses tncluding the charity's shop. Charitable expenditure comprise5 those costs incurr¢d by the charity itj the delivery of its aciivitie5 and services for its beneficiaries. It includes both costs that can be allocated directly to Such activities and those ¢osts of an indirect nature necessary to support them. PaEe 7
Friends of St Helen's (FOSH) Notes to fmancial statements for the year ended 31 August 2023 IneoThing Resources- Voluntary incorne Yr ended 2024 Year ended 2023 Unrestricted Uniforni Sales Disco Raffles International Evening Parental Contribulion Funday 13,637 600 13.637 600 1.351 10,186 500 1,404 3,000 7,231 7,907 2.965 7.907 2,965 27,578 27,578 22,321 InveJtmeDI Income Year eDded Yexr ended Unrestrlcted furtd8 Totsl Tol41 Bank interest receivable Pag¢ 8
Resources Expended- Charltable activities Ye4r ended ended Unrutricted 2024 Total 2023 Totsl Uniform stock purchases Donation to St Helen's Bank charges Yr 6 Hoodies Sundries 7.515 7.515 14,011 30,000 1,647 70 70 7,585 7.585 45,658 Governance costs Year ended YE8r ended Unrestrlctsd 2024 Total 2023 Total Staff ¢osts- Other Independent ExatHination Interes¢ l Bank Charges 23 23 Credlior5: amounts fAlllng due wlthln one year 2024 2023 Other creditors 4,027 4,027 8. T#xAtIo The charity'y activities are not subject to tax, a¢¢ordingly there is no iaxation charge in these accounts. 9. Going Concern There is no reason to suggest the ¢harity will not carry on as A going concern. Page 9