Charity Registration No.1149337
FRIENDS OF THE VALE SCHOOL
UNAUDITED TRUSTEES' REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2022
FRIENDS OF THE VALE SCHOOL
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Nicola Edey Emily Griffiths Darren Balkham Kathryn Jefford Charlotte Short Sarah Goodridge Tiffany Williams Appointed 3 October 2022 Bethany Turner Appointed 3 October 2022 Natalia Campillos Appointed 3 October 2022 Helen Gair Appointed 19 January 2023 Jill Johnson Appointed 19 January 2023
Charity number 1149337 Principal address Vale School Vale Avenue Worthing West Sussex BN14 0DB Independent examiner Mr Charles Eve FCA
FRIENDS OF THE VALE SCHOOL
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 to 2 |
| Independent examiner's report | 3 |
| Receipts and payments account | 4 |
| Statement of assets and liabilities | 5 |
| Notes to the accounts | 6 |
FRIENDS OF THE VALE SCHOOL
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 JULY 2022
The trustees present their report and accounts for the year ended 31 July 2022
Objectives and activities
The purpose of the charity is to advance the education of all the pupils in the school by :1) developing effective relationships between the staff parents and others associated with the school; 2) Engaging in activities or providing facilities or equipment which support the school and advance the education of the pupils.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities they should take.
Achievement and performance
The charity had another successful year of events which included a Christmas fair, cake sale and summer fair. The charity also sold refreshments at the Inter School Cross Country event and on various occasions during the year.
Ongoing income was generated by the sale of water bottles, T-shirt and pre-loved uniform sales, and recycling of clothes, CDs and DVDs.
Financial review
The charity raised funds from the various activities carried out and generated a gross income of £26,498. The charity then spent £7,000 of its unrestricted funds in donations to the school for the purchase of books.
The unrestricted funds of the charity at the year end to use for future projects totalled £23,897. This level of funds is expected to reduce over the coming years as the charity is expected to donate to the school for some larger projects.
Plans for the future
The charity has been asked to assist the school with the refurbishment of a library corner and the redevelopment of the quiet garden area with some new equipment.
Structure, governance and management.
Friends of the Vale School is registered with the Charity Commission as required by the Charities Act 2011.
The trustees are appointed by the board of trustees. It is intended that the trustees will serve a term of 1 year and will reconsider their position at the end of each term. The trustees will meet at least 4 times a year. New trustees receive a copy of the constitution and training is undertaken where considered appropriate.
The trustees have assessed the major risks to which the charity is exposed and due to the nature of its activities do not believe that there are any.
FRIENDS OF THE VALE SCHOOL
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 JULY 2022
The trustees who served during the year were:
N Edey E Griffiths Kathryn Jefford Darren Balkham Charlotte Short Sarah Goodridge Tina Winterhalder Resigned 3 October 2022 Natalia Campillos Appointed 3 October 2022 Tiffany Williams Appointed 3 October 2022 Bethany Turner Appointed 3 October 2022 Helen Gair Appointed 19 January 2023 Jill Johnson Appointed 19 January 2023
The trustees' report was approved by the Board of Trustees on 3 October 2022.
N Edey Trustee
FRIENDS OF THE VALE SCHOOL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE FRIENDS OF THE VALE SCHOOL
I report to the charity trustees on my examination of the accounts of the Friends of the Vale School (the charity) for the year ended 31 July 2022.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: (1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
(2) the accounts do not accord with those records.
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
…..........................................
Charles Eve FCA
Dated: 21 May 2023
FRIENDS OF THE VALE SCHOOL
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 JULY 2022
| Notes Receipts Fundraising events Activities for generating funds Total receipts Payments Cost of fundraising Donations paid Asset and investment purchases, etc Stock purchased Assets purchased for charity use Total payments Net of receipts/(payments) Transfer between funds Cash funds last year end Cash funds this year end |
2022 2021 £ £ £ £ - 24,510 24,510 3,439 - 1,988 1,988 1,002 Restricted Unrestricted funds |
|---|---|
| - 26,498 26,498 4,441 |
|
| - 7,336 7,336 1,529 - 7,000 7,000 25,000 - 874 874 - - 984 984 - |
|
| - 16,194 16,194 26,529 |
|
| - 10,304 10,304 (22,088) |
|
| - - - 13,593 13,593 35,681 |
|
| - 23,897 23,897 13,593 |
FRIENDS OF THE VALE SCHOOL
STATEMENT OF ASSETS AND LIABILITIES AS AT 31 JULY 2022
| Notes Cash funds Cash Bank accounts Total cash funds Assets retained for the charity's own use Stock re resale Fixed assets |
2022 2021 £ £ £ £ - 374 374 153 - 23,523 23,523 13,440 Restricted Unrestricted |
|---|---|
| - 23,897 23,897 13,593 |
|
| 874 874 984 984 |
|
| 1,858 - 1,858 - |
The accounts were approved by the Trustees on … 3 October 2022
N Edey
…...............................................
FRIENDS OF THE VALE SCHOOL
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2022
1 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the trust during the year.