Lady Margaret School PTA Truslees, Annual Report & Accounts 2023 1110 Lady Margaret School PTA CONTENTS I Introduction 2 Objectives 3 Fundraising & Accounts Activities Independent examiner's report to the Trustees Receipts and Payments Account Projects supported 4 Other Activities 5 Operations 6 Contacts 10
Lady Margaret School PTA Trustees, Annual Report & Accx>un18 2023 2110 1 INTRODUCTION Lady Margarel School PTA {LMS PTA) is based al Lady Margaret School {LMS} in Parsons Green, Fulham in London. The school is a Church of England secondary school for girls with approximately 750 pupils and 90 staff. The school became an academy in 2012. The PTA seeks to foster positive relations between staff and parents and lo enrich Ihe daily lives of students. The PTA does Ihis by fostering good communications between all parents and staff as well as raising money to fund items not covered by slatulory resources. The PTA contributes in many ways to enhance the sense of community within school. All staff and parents and guardians are automatically members ofthe PTA. Parents and guardians number between 900 and 1,100. 'Active' members are muGh less., 20-40 parents attend PTA meetings, but the Summer Garden Party, for example. can involve around 50 people with up to 150-200 in attendance on the day. Several parents serve on the Governing Body. The PTA is run entirely by volunteers with a Steering Committee made up principally of a Chair, a Deputy Chair, a Treasurer and Secretary, who are elected at the AGM. There are also teams of parents who take on specific tasks and responsibilities, such as the Christmas Fair and Garden Party Committees and Class Representatives. This Annual Report of the Trustees outlines the PTA'S activilies for Ihe 12-month period ending 31 December 2023 and includes accounts that have been subject to an Independent Examiner's Report.
Lady Margaret School PTA Trus18es' Annual Report & A(wunls 2023 3110 2 OBJECTIVES The constitution of the PTA states that.. 'The object of the Association is to advan the education of the pupils in the school,. In furtherance of this objective the Association may- Develop more extended relalionships belween staff, parents and others associated with the School. Engage in activities which support the School and advance the education of the pupils attending it. Provide and assisl in the provision of facililies for education of pupils (not normally provided by Ihe Local Funding Agency). Fundraising is an important role of the PTA in furthering the above aims.
Lady Marg8iel School PTA Trustees, Annu81 Report & Accounts 2023 4110 3 FUNDRAISING & ACCOUNTS During 2023 the PTA raised £53,243 (£47,204 after direct fundraising expenses) and contributed £68,745 lo school projects. This compares with the previous year 2022, when £48.695 was raised (net of expenses). Most events organised by the PTA seek to raise funds but they are also occasions for parents and carers to meet and socialize, enhancing a sense of community. The main fundraising events during the Galendar year 2023 were.. Summer Garden Party We held our annual Summer Garden Party on Saturday 8th July 2023. We raised a total of £14,345 with costs of £2,684 giving a net profit of £11,660. In 2022 we raised a total of £11 ,473 after costs. Quiz Night We held our much-loved Valentine's Quiz night in February this year. This proved to be a very fun evening raising a total of £737. Auction Night We held another Promises Auction at school on Thursday 121h October. We had some fabulous lots on offer from bespoke jackets to handmade jewelry, food, wine and beauty products and much more. Delicious food was served on the evening made by a talented team of parents. We were delighted to raise a total of £10,691 after costs. In 2022 we raised £10,659 on our auction night. Xmas Market We held our annual Xmas Market on Saturday 25th November 2022. A total of £14,041 was raised with costs of £2,171 giving a nel profit of £11,870. In 2022 our Xmas Market raised a total of £12,720 after expenses. Both the Summer Garden Party and the Xmas Market were supported by Moveli Estate Agents and the PTA is thankful to them and the many local businesses and parents for their generous sponsorship, services and donations. The accounts for the year are set out on following the pages and consist of a receipts and payments account for the 12 months ending 31sl December 2023 and a statement of assets and liabilities as at 31 st December 2023. The accounts have been independently examined and the Examiner's Report is set out on the following page.
Lady Margaret School PTA Trustees. Annual Report & Accounts 2023 5110 LADY MARGARET SCHOOL PTA INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDING 31 DECEMBER 2023 I report on the accounts ofthe Trust Fund for the year ended 3151 December 2023, which are attached. Respective responsibilities of trustees and examlner The charity's trustees consider thal an audit is not required for this year (under section 43(21 of the Charities Act 1993 (the Act), as amended by s.28 of the Charities Act 20061 and that an independent examinalion is needed. It is my responsibility to.. examine the accounts (under section 43 of the Act, as amended), to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43{71{bl of the Act, as amended), and to state whether particular matters have come to my attention. Basis of independent examiner's statement My examination was carried out in accordance with 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 those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the eviden Ihat would be required in an audit, and consequently I do not express an audit opinion on the accounts. Independent examinerfs statement In the course of my examination, no matter has come to my attention.. (1) which gives me reasonable cause to believe that in, any material respect, the requirements to keep accounting records in accordance with section 41 of the Act., and to prepare accounts which accord with the accounling records and comply with the accounting requirements ofthe Act hav8 not been met., or {2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. MR J SIAN,32 Bawdsey Avenue, Ilford. IG2 7TJ Dated.. 73/1,/zt
RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDING 31ST DECEMBER 2023 Section A Recelpts and payments lo thene&t£ Unrnstrlctsd lunds Tllt FLids Liityear A1 RF¢ol IMCOMEFROM FUNDRAISIWG Ckdislmas [klIeIsn2sFa1I Al4rn Ni9hl Nigh1 knmerGor¢eDPad ExpMs¢s 894 IQ691 14,345 2.6 73 73T 737 TOTAL INCOME FROM FUNDFAISIN INCOMEFROM DQNATIONS 950 erDonalip 11.004 11.004 AL DONATIC48 AWK DEPOSIT INTEREST INCOMETAX RECOVEREO UWDER GIFT AIO Sub lolal 6,OJg 47,204 47,204 A2Asset and Investmentsales, elc. Totairecèlpts 53.24 6.039 47.2V4 47,204 A3 P8ym•nts GRAMTS MADE TO SCHOOL NCPTAMEklBERSHIP SUNDRY EXPÉNSÈS 68.745 140 1.724 58.745 6&745 J5.694 1,724 3A64 Sub tolal 70.608.63 70.609 70.e09 38.2 M As$et8nd Investrnent purchases, elc. Totalpayyyjents 70,609 70,609 70.60 39,290 Alet of receipts1(paymeTrlsJ A5 Tran$f•r$ botwèèn funds AS Cagh funds last yearelld Deductaccrued Income N9t Effeci trf pr•vlous yrAceruals Add B$¢k aecrued expenditure Cash funds this year end -23,404.62 23,405 9,406 2,250 3,020 22,631 24.9D2.58 473¥ Section B Statement of assets and liabilities at the end of the period Un- rèstrlct4d lund$ Restricted funds Total funds tonpar0Bt£ B1 Cash funds LJY Marwret S(huolPTAA¢¢¢u 2490J Total c•sh funds IncoTnpfroMChrf$aS Fall 24,905 24,903 B2 Olher monetary assets 125 1260 B3 Investment assets B4 Assets retained for th& charlty's own us8 85 Liabilitie5 Note I.. The formaloFthBs• accounts15 ba5Ed on thB ChaTNy Cornrnls$lon sl•ndard tsmplots ec16¥. Nott 2.. Thtre w¢ig gnJowrnoDtfund¥ during th9Yr. Notfi 3.. A detsiied br¢akdown olthograDts madeto the school l¥ wlthlnthb TIu5190 RèporL Signed by one tfLL8te8 on b8half ol all th8 truste bJ)b Synalure Pl1 Narne Dateof approval
Lady Margaret Scliool PTA Projects supported 2023 During the year the main project supported by the PTA was the funding of the Place2Be counsellor who has been transformative at the School. In addition lo this we funded a new sel of smart screens for the science department as well as shelving for the library. Place2Be Counsellor Smart screens for the science department Shelves for the library 35,000.00 30.000.00 3,745.00 68,745.00
Lady Margaret School PTA Trustees, Annual Report & Acwunts 2023 8110 4 OTHER ACTIVITIES a) PTA Meetings PTA meetings tend to be informal with members attending both in person and virtually via Zoom. b) Class representatives Many parents have volunteered to be class reps. Their support in recruiting volunteers for fundraising events and arranging social evenings has been invaluable. c} Year Lists The school provide contact details for parents who have consented to have their details shared lo Ihe class reps who then establish their own data bases and disseminate PTA information.
Lady Margaret School PTA Truslees. Annual Report & Accounts 2023 9110 5 OPERATIONS The PTA was granted charitable status on 26 June 2009 following a motion passed at the monthly meeting in December 2007 and an application filed with the Charily Commission in Seplember 2008. The PTA has since soughl to benefit from this status by creating Gift Aid forms and envelopes and forms to request zero-rated VAT on advertising materials purchased. In the future the PTA may take up earlier suggestions from parents that items funded by the PTA should be marked as such. Accounts Treasurer, Will Downs was responsible for preparing PTA accounts, monitoring and Gontrolling the PTA bank account and supervising and safeguarding all money handling al fund-raising events. We are grateful to Jaspal Sian for filing an Independent Examiner's Report on Ihe aGGounts. Website The PTA website is www.Imspta.org. The website includes pages showing contacts, diary. news and projects supported as well as the dates and times of upcoming meetings and events. The PTA also has a presence on Instagram (@Imsparsonsgreen) and Facebook (Lady Margaret School PTA}.
Lady Margaret School PTA Twstees, Annual Report & Accounls 2023 10110 6 CONTACTS Class reps There are Class Reps for most Glasses and the Parent Co-ordinator I Communicator has a lisl of the latest volunteers. steering Committee 2023 Rhona O'shea- Chair Lynette Cowen - Events Co-ordinator Will Downs- Treasurer Additional Trustees Elisabeth Stevenson - Head Teacher Contact address details: Lady Margaret School PTA Lady Margaret School Parsons Green, London SW6 4UN Tel 020 7736 7138 (school offi'ce) ladymargaretpla@gmail.com www.1mspta.org Registered Charity Number.. 1130371 Bankers Lloyds TSB