## **STOKENCHURCH PRIMARY SCHOOL CHARITABLE FUND Annual Report 2021 Charity No. 1127377**
## **Trustees:**
N Stevens A Mayo D Weiss L Bailes
## **Charity Contact:**
Mr Daniel Weiss Stokenchurch Primary School George Road Stokenchurch High Wycombe HP14 3RN
bursar@stokenchurchprimary.bucks.sch.uk
## **Bankers:**
## **Lloyds TSB**
Stokenchurch Branch (309428) Account Number 1567059 Account Number 0052314
1
C2 General
## **STOKENCHURCH PRIMARY SCHOOL CHARITABLE FUND**
|**Contents**|**Page:**|
|---|---|
|Trustees’ Report|3-4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7 – 9|
2
C2 General
## **STOKENCHURCH PRIMARY SCHOOL CHARITABLE FUND**
The Trustees presents its report together with the financial statements of the Stokenchurch Primary School Charitable Fund for the year to 31[st] August 2021
## **Constitution and Objects**
The Stokenchurch Primary School Charitable Fund is a registered charity (number 1127377) and appoints eligible trustees to approve the activities of the charity.
The objects of the charity are to advance the education of pupils at Stokenchurch Primary School by providing and assisting in the provision of facilities (not required to be provided by the local authority) for education at the school.
## **Principal Activities**
The Trustees of the Charity should operate through a committee that meets from time to time.
Funds are utilised towards a range of requests with the overriding requirement being that the causes supported operate and serve the School for the educational benefit of the pupils. For example:
- Sports equipment
- IT equipment
- Educational visits
- Arts
- Clubs and Societies
## **The Trustees**
The Trustees comprise Nick Stevens, Abbie Mayo, Louise Bailes and Daniel Weiss. The Trustees are all unpaid volunteers in that capacity.
## **Organisation**
The day to day administration of the charity is managed by Abbie Mayo who is also the Primary School Bursar. There are no full time members of staff of the Charity.
During the year the charity expended £27,863.
.
## **Review of Activities**
During the year ended 31[st] August 2021the charity received a total sum of £33,129
3
C2 General
## **STOKENCHURCH PRIMARY SCHOOL CHARITABLE FUND**
## **Statement of Trustees Responsibilities**
Stokenchurch Primary School Charitable Fund accounts have been prepared in accordance with the Statement of Recommended Practice (SORP) “Accounting by Charities” issued in 1995 (revised 2005), and with applicable accounting standards.
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing these financial statements, the Trustees are required to:-
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
- • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping the proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
4
C2 General
## **STOKENCHURCH PRIMARY SCHOOL CHARITABLE FUND**
|**Statement of Financial Activities for the year ended 31st**|**August 2021**||
|---|---|---|
|**Note:**|
**2021**|**2020**|
|**Incoming Sources from Generating Funds**|£|£|
|Contributions towards|1,338|359|
|trips and events|||
|Investment Income|0|0|
|Miscellaneous|13,824|8,514|
|Donations|17,967|24,354|
|**Total Incoming Resources**|**33,129**|**33,228**|
|**Resource Expended**|||
|Educational Activities|27,610|29,877|
|Bank charges|253|228|
|Donations|0|0|
|**Total Resources Expended**|**27,863**|**30,105**|
|**Net (Outgoing)/Incoming Resources for the**|**5,265**|**3,123**|
|**Year**|||
|Fund Balances brought forward|39,099|35,976|
|**Fund Balances carried forward**|**44,364**|**39,099**|
5
C2 General
## **Balance Sheet as at 31[st] August 2021**
|**Note:**
**Current Assets**
Stock
Bank
**Unrestricted Funds**
Funds brought forward
Net incoming/(outgoing) resources in the year
Funds carried forward|**2021**
£
11,236
33,129
44,364
£
39,099
5,265
44,364|**2020**
£
10,933
28,166|
|---|---|---|
|||39,099|
|||£
35,976
3,123|
|||39,099|
Approved on behalf of the Governing Body by:
Date:
6
C2 General
## **STOKENCHURCH PRIMARY SCHOOL CHARITABLE FUND**
## **1. Accounting policies**
The principal accounting policies adopted are as follows:
## **1.1 Basis of accounting**
The accounts have been prepared under the historical cost convention, as modified by the inclusion of investments at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2005). In preparing the financial statements the charity followed best practice as laid down in the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP 2005) issued in March 2005.
## **1.2 Fund accounting**
The financial statements of a charity must differentiate between restricted and unrestricted funds. _Restricted funds_ are subject to conditions imposed by the donor. _Designated funds_ are amounts that have been put aside at the discretion of the trustees out of unrestricted general funds for specific future purposes or projects.
_Unrestricted general funds_ comprise accumulated surpluses and deficits after transfers to designated funds.
Stokenchurch Primary School Charitable Fund does not have Restricted funds or Designated funds. All funds are unrestricted.
## **1.3 Incoming resources**
All incoming resources are included in the Statement of Financial Activities in the period in which they are receivable, which is when the charity becomes entitled to the resource and the amount can be quantified with reasonable accuracy.
## **1.4 Resources expended**
Expenditure is accounted for on an accruals basis. Expenditure is allocated by reference to its functional classification and not by type of expenses. Where costs cannot be directly attributed, they have been allocated between direct charitable and other activities on a staff time basis. Costs of generating funds are those incurred in organising fundraising events and in seeking voluntary contributions and do not include costs of disseminating information in support of the charity’s charitable activities.
Support costs comprise costs for processing grants and applications, including support to actual and potential applicants.
Management and administration costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.
## **1.5 Grants Payable**
Grants awarded by the trustees are recognised in the statement of financial activities in the year that they are made to the extent that a legal or constructive obligation exists.
## **1.6 Value added tax**
No value added tax was recoverable in the period.
## **2. Cashflow statement**
A cashflow statement has not been prepared as the charity is entitled to the small company exemption as outlined in FRS1.
7
C2 General
## **STOKENCHURCH PRIMARY SCHOOL SCHOOL FUND**
Income and Expenditure Account For the year ended 31st August 2021
## **Income**
|Donations:
Friends of Stokenchurch Primary School
Other & Covid
Stokenchurch Educational Charity
Contributions from pupils toward trips and events:
France
History Days
Other trips and events
Miscellaneous Income:
Concert proceeds/music fees
Sale of ties, jumpers and recorders
Collections
Fruit & Milk Schemes
Commission on photographs
Christmas play
Book fair and clubs
Miscellaneous
Bank Charges refunded
Dental Health
**Total Income**
Expenditure
Trips and Excursions
Cost of ties, jumpers and recorders
Leaving gifts and thank-yous
Athletics and sports
Miscellaneous
Prizes for pupils
Music
Fruit and Milk Scheme
Uniform Stock take adj
Bank Charges
Book fair and club
Residue Adj & Covid
Postage, stationery and consumables
Mobile telephone
Net Surplus/(Defcit)
Balance Brought Forward
Balance Carried Forward|2021
£
£
14,007
3,960
17,967
1,338
1,338
133
10,632
744
2,295
19
13,824
33,129
894
6,789
3,784
789|2020
£
£
10,349
14,005
24,354
359
359
2,344
5,381
722
64
4
8,514
33,228
10,393
4,442
413
1,227
82
(2,236)
228
13,685
1,872
30,105
3,123
35,976
39,099|2020
£
£
10,349
14,005
24,354
359
359
2,344
5,381
722
64
4
8,514
33,228
10,393
4,442
413
1,227
82
(2,236)
228
13,685
1,872
30,105
3,123
35,976
39,099|
|---|---|---|---|
||253|||
||15,355
27,863
5,265
39,099
44,364|||
|||||
|||||
|||||
||||39,099|
#C2 General
## **STOKENCHURCH PRIMARY SCHOOL SCHOOL FUND**
Balance Sheet As at 31st August 2021
|**Current Assets**
Stock
Debtors and prepayments
Cash at bank
**Current Liabilities**
Creditors and accruals
**Net Assets**
**School fund - Unrestricted**|2021
£
£
11,236
33,129
44,364
-
-
44,364
44,364|2020
£
£
10,933
28,166
39,099
-
-
39,099
39,099|2020
£
£
10,933
28,166
39,099
-
-
39,099
39,099|
|---|---|---|---|
|||||
||11,236|10,933||
||33,129|28,166||
||-|-||
||||39,099|
|||||
||||39,099|
Approved on behalf of the Governing Body by:
Date:
#C2 General
# **STOKENCHURCH PRIMARY SCHOOL CHARITABLE FUND**
## **ACCOUNTS FOR THE YEAR ENDED 31[ST] AUGUST 2022**
# **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF STOKENCHURCH PRIMARY SCHOOL CHARITABLE FUND**
I certify, without carrying out an audit, that the accounts set out on pages 5 and 6 of the Annual report and Accounts are in accordance with the books and records of the Charity and with information and explanations supplied.
Signed: _S E Stevens_
Print Name: SHARON ELIZABETH STEVENS
Date: 17.05.2022