2025-07-31-accounts - Chestnuts Primary School Parents And School Association

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From August 2024 To July 2025

Charity name: Chestnuts Primary 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	Working with teachers, parents and pupils to organise events and activities to generate funds through fundraising, donations and sponsorship which are used to enhance children’s development and learning.
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	Activities include: - Summer and Winter fairs - Quiz nights - Treat Friday stalls - Artist residencies - Workshops - International Night - Local business sponsorship - One off donations - Crowdfunding
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
Policyongrant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38
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 key achievement of the charity is raising funds to benefit children at the school. This year we have been able to fund new equipment, educational resources and trips and activities for the school including: - Black History Month Sessions - Shakespeare Workshops - Yoga Matts - Pantomime trip - Transport for year 6 trip to Pendarren - Year 6 disco - New reading books - New blinds for Art room - STEM workshop - Wormery - New bags for reception Most importantly, we were also able to crowdfund for a new playground for reception class for which we raised over £40k.

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	We are in a strong financial position having had a successful year of fundraising.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	N/A
Amount of reserves held	Para 1.22	None
Reasons for holding zero reserves	Para 1.22	All funds raised are either issued to the school or used to fund future events.
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional) You may choose to include further statements	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	Income from events and crowdfunding. The majority of funds are from parents within the school community.
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 committee made up of volunteers.
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	Charity name Chestnuts Primary School Parents and School 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

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Caroline Carter	Co-chair	October 2024
Gavin Talbot	Co-chair	October 2024
Caitlin Curtis	Treasurer	June 2024

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

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 adviser Name Address	Type of adviser Name Address	Type of adviser Name Address




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) Caitlin Curtis Full name(s) Caitlin Curtis Position (eg Secretary, Treasurer Chair, etc) Date 16th May 2025

Chestnuts Primary School PSA Annual Accounts 2024-25

Income & expenditure statement period: 1/8/24 - 31/7/25
Bank balance brought forward 1st Aug25  £       14,190.38
Last year unpaid costs  £        1,514.02
New Balance  £       12,676.36
Total income to date  £       62,867.30
Total expenditure to date  £       31,298.71
New Bank Balance as of 31st July 2025  £       44,244.95
Costs to pay out  £       42,245.19
Crowdfunder funds to playground  £       27,015.19
Bibi stall income from Chestival  £          180.00
EYFS PSA contribution  £       15,000.00
Martha Parava invoice 27 (Yoga)  £           50.00
Available funds:  £        1,999.76

`FINANCIAL YEAR 2024/25 BREAKDOWN`	`GROSS INCOME`	`EXPSENSES`	`NET PROFIT`
`Asda Cashpot`	`£ 91.98`		`£ 91.98`
`One off donations`	`£ 200.00`		`£ 200.00`
`Tree of Change`	`£ 558.90`		`£ 558.90`
`Easy Fundraising`	`£ 139.25`	`£ 50.00`	`£ 89.25`
`Zettle bonus`	`£ 69.93`		`£ 69.93`
`Crowdfunder Marathon`	`£ 1,232.29`		`£ 1,232.29`
`HRMC GIFT AID 2024`	`£ 3,293.25`		`£ 3,293.25`

`Clubs via Stripe and Parentpay`	`£ 1,998.51`	`£ 316.00`	`£ 1,682.51`
`Treat Friday`	`£ 4,425.78`	`£ 488.49`	`£ 3,937.29`
`Quiz 1`	`£ 1,279.38`	`£ 408.48`	`£ 870.90`
`Winter Fair`	`£ 10,465.70`	`£ 3,666.02`	`£ 6,799.68`
`Wreath Making Workshop`	`£ 549.91`	`£ 88.62`	`£ 461.29`
`Quiz 2`	`£ 950.06`	`£ 308.43`	`£ 641.63`
`World book day chocolate`	`£ 1,372.04`	`£ 983.95`	`£ 388.09`
`Jumble Sale`	`£ 3,100.38`	`£ 258.86`	`£ 2,841.52`
`CHESTIVAL`	`£ 9,313.91`	`£ 3,682.41`	`£ 5,631.50`
`International Night`	`£ 2,179.89`	`£ 380.66`	`£ 1,799.23`
`Art Night`	`£ 979.46`		`£ 979.46`
`Yr 6 show`	`£ 91.37`		`£ 91.37`

`Forest School`	`£ 60.12`	`£ 369.74`	`£(309.62)`
`Trees`		`£ 195.42`	`£(195.42)`
`Painting the fence`		`£ 262.35`	`£(262.35)`
`Insurance`		`£ 162.00`	`£(162.00)`
`Xmaspresents for staff`		`£ 40.60`	`£(40.60)`
`Reception welcome drinks andpicnic`		`£ 197.00`	`£(197.00)`
			`£ -`
`Bids`		`£ 11,744.68`	`£(11,744.68)`
`Justgiving`		`£ 216.00`	`£(216.00)`
			`£ -`
`CROWDFUNDER DONATIONS 2025`		`£ 7,479.00`	`£(7,479.00)`
`CROWDFUNDER MONEY IN`	`£ 20,515.19`		`£ 20,515.19`

`TOTALS FOR 24/25`	`£ 62,867.30`	`£ 31,298.71`	`£ 31,568.59`

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Charity Name Chestnuts Primary School PSA	Charity Name Chestnuts Primary School PSA	Charity Name Chestnuts Primary School PSA

31 July 2025	Charity no (if any)	1147386

(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 ended31 / 07 / 2025. As the charity's trustees, you are responsible for the preparation of the 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 (other than that disclosed below *) 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
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

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.

Please delete the words in the brackets if they do not apply.

Date: 26/05/2026

Signed: Name: Shreejit Raj Kafle Relevant professional ACCA qualification(s) or body (if any): Address: Flat 53 Sheldon House, Gayton Road, HA1 2FB, London, UK

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 any items that the examiner wishes to disclose .

Oct 2018

IER