## **Trustees’ Annual Report for the period**
**From Period start date 1[st] Aug 2022 To Period end date: 31[st] July 2023**
## **Charity name: Chestnuts PSA**
## **Charity registration number: 1147386**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Co-operation throughout the school**
**community, put on events and activities**
**which enhance learning, welfare and**
**development of all pupils through**
**fundraising, donations and sponsorship.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Summer and Winter Fairs, quizzes, Barn**
**Dance, various workshops run by outside**
**companies and paid for by PSA, film**
**night, treat sales, local business**
**sponsorship and jumble sale.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Our events are almost always at the**
**school and as such risks and benefits to**
**the public are regarded before each**
**event.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||
SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**Applying for grants has been initiated**
**this year by a team of volunteers, we**
**hope to expand on this funding**
**opportunity in the next financial year.**|
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38|**All our events are run by volunteers and**
**the charity trustees are all volunteers.**|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The main achievement of the charity is to**
**raise funds in order to pay for extra-**
**curricular activities and events for all**
**pupils - we have had a very successful**
**year, raising almost £30K.**
**For the first time we have invested in**
**outside companies/people, asking them**
**to run ‘workshops’ for the children and**
**parents. These workshops range from**
**Christmas wreath making to**
**skateboarding classes.**
**Also for the first time we are being asked**
**to fund things for the school which would**
**previously have been covered by the**
**school’s budget which has now shrunk.**
**The school community has largely**
**benefitted from the increase in funds but**
**to an extent the wider community too, as**
**a lot of our events are open to non-**
**school people.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**Annual review performed by Holt Baker**
**Ltd**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**N/A**|
|Amount of reserves held|Para 1.22|**N/A**|
|Reasons for holding zero
reserves|Para 1.22|**Any money raised is paid either to cover**
**event expenses or to the school.**|
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Events but we are now looking at grants**
**as a form of funding income**|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**2 co-chairs, treasurer and volunteer**
**committee**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Election at AGM**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Chestnuts Primary School Parents and Schoool Association|
|---|---|
|Other name the charity uses|Chestnuts PSA|
|Registered charity number|1147386|
|Charity’s principal address|Chestnuts Primary School,
La Rose Lane,
London N15 3AS|
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## **Names of the charity trustees who manage the charity**
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||CarlySandland|Co-chair|Sep2021||
||Elizabeth Rae|Co-chair|March 2023||
||Sarah McPhee|Treasurer|Sep2021||
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– Corporate trustees names of the directors at the date the report was approved **Director name n/a**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**n/a**|||
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## **Funds held as custodian trustees on behalf of others**
Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**|**Name**|**Address**|
|---|---|---|
|**adviser**|||
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**n/a**
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** Sarah McPhee **Full name(s)** Sarah McPhee
**Position (eg Secretary,** Treasurer **Chair, etc)**
**Date**
29[th] May 2024
## **`Chestnuts Primary School PSA Annual accounts 22/23`**
## **`Income & expenditure statement period: 1Aug22 - 31Jul23`**
|`Bank balance brought forward 1st Aug22:`|`£12,283.24`||
|---|---|---|
|`Cash balance brought forward 1st Aug22:`|`£430.00`||
|`BFWD sales outstanding`|`£6,531.32`||
|`BFWD exps outstanding (including school bids £6,180)`|`£6,911.75`||
|**`INCOME 2022/23`**|`£`||
|`Easy Fundraising/Just Giving/Amazon/PayPal`|`£588.37`||
|`Parents' Evenings`|`£110.00`||
|`Barn Dance`|`£2,546.50`||
|`Summer Fair`|`£9,327.38`||
|`Film Night`|`£1,163.40`||
|`Christmas Fair`|`£9,330.75`||
|`Quiz Night`|`£837.75`||
|`Spring workshops (tbc)`|`£1,667.00`||
|`True Covers`|`£800.00`||
|`Friday lollies`|`£825.35`||
|`Jumble Trail`|`£2,582.40`||
|`Interest on bank account`|`£0.00`||
|`Total income to date`|`£29,778.90`||
|**`EXPENDITURE 2022/23 (CASH AND BANK)`**|||
|`Parents' Evenings`|`£0.00`||
|`Barn Dance`|`£1,484.82`||
|`Summer Fair`|`£4,023.60`||
|`Film Night`|`£249.29`||
|`Christmas Fair`|`£4,730.55`||
|`Quiz Night`|`£409.19`||
|`Spring workshops (tbc)`|`£328.45`||
|`True Covers`|`£201.91`||
|`Friday lollies/mainly Bibi`|`£214.77`||
|`Jumble Trail`|`£31.84`||
|`Barn Dance2`|`£166.55`||
|`General exps-New Parents drinks/noticeboards/bins`|`£677.89 `|`£12,658.86`|
|`General exps-Mural and painting round school`|`£1,046.94`||
|`General school funding PAID curr yr`|`£8,339.64`||
|`General school funding application curr yr-to pay`|||
|`PTA annual fee`|`£140.00 `|`£36,572.02`|
|`Total expenditure to date`|`£22,045.44`||
|`Just Giving playground fund`|**`£5,000.00`**||
|`Available funds:`|`£15,066.27`||
|`CASH POSITION/RECONCILIATION`|`££`||
|`Cash book balance @ 31st Jul 2023`|`£19,968.98`||
|`Petty cash @ 31st Jul 2023`|`£0.00`||
|`Total available`|`£19,968.98`||
|**`Outstanding income:`**|||
|`Various parent pay`|`£80.66`||
|`error`|||
|**`Plus total outstanding income`**|**`£80.66`**||
|**`Costs still to pay:`**|||
|`Expenses to pay out`|`£78.57`||
|`Just Giving to pay`|`£4,904.80`||
|**`Less total unpaid costs`**|**`£4,983.37`**||
|**`New available funds balance`**|**`£15,066.27`**||
|`Diff`|`£0.00`||
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
Charity Name CHESTNUTS PRIMARY SCHOOL PARENTS AND SCHOOL ASSOCIATION
**Report to the trustees** Charity Name CHESTNUTS PRIMARY SCHOOL PARENTS AND SCHOOL ASSOCIATION **On accounts for the year** 31/07/2023 **Charity no** 1147386 **ended (if any) Set out on pages** TBC (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2023. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
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.
**Date:** 31/05/2024 **Signed: Name:** Miss Josephine Baker **Relevant professional** ACCA **qualification(s) or body (if any): Address:** 65 Oakfield Road, London, N4 4LD
1
**Oct 2018**
**IER**
**Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of** Nothing to disclose **any items that the examiner wishes to disclose** .
2
**Oct 2018**
**IER**