Charity Number: 1157000
Friends of Collett
Report of the Trustees and Audited Financial Statements
For The Year Ended 31 March 2021
Page 1 of 11
Charity Number: 1157000
Friends of Collett
Legal and Administrative Information
For The Year Ended 31 March 2021
Trustees: Rhea Dickman Rachael Lampey Ben Schneider Maria Azcona Charity Number: 1157000 Principle Address: Friends of Collett The Collett School Lockers Park Lane Hemel Hempstead Hertfordshire HP1 1TQ Independent Examiner: Rubina Anjum Pyramid Point Accounting A:1 Burwood Place Marylebone London W2 2UT
Page 2 of 11
Charity Number: 1157000
Friends of Collett
Contents Page
For The Year Ended 31 March 2021
| Legal and Administrative Information | 2 |
|---|---|
| Report of the Trustees | 4 to 5 |
| Independent Examiners Report to the Trustees | 6 |
| Statement of Financial Activities | 7 |
| Statement of Financial Position | 8 |
| Notes to the Financial Statements | 9 to 11 |
Page 3 of 11
Charity Number: 1157000
Friends of Collett
Trustee Report
For The Year Ended 31 March 2021
The Trustees present their report and financial statements for the period ended 31 March 2021. The financial statements have been prepared in accordance with accounting policies set out in note 1 to the accounts and comply with the Charity’s trust deed.
Structure, Governance and Management
Governing Document
The Charity was set up on 9[th] May 2014 and is registered with the Charity Commission, registration number 1157000.
Appointment of Trustees
Trustee positions are approached personally or advertised for. We have a clear procedure for the recruitment of Trustees and appointment of Trustees are appointed by the Board of Trustees, which is confirmed at the Annual General Meeting, normally held in October. All trustees are DBS checked in line with our safeguarding policies, and references are collected. All trustees are supplied with appropriate information ahead of their considered application for Trusteeship, and are appointed in line with the charity’s constitution.
Organisation, Structure and Process
The Board of Trustees meet every two months to fulfil their key role and function of overseeing and directing the affairs of the Charity, ensuring that it is well-run and delivering the charitable outcomes for which it is established. One of those meetings comprises of the ‘Annual General Meeting’ where trustees review their overall strategy for the charity, review of previous year and set priorities for the following year. The trustees entrust day to day management of the Charity to the ‘Fundraising Lead’ who delegates through the small staff team.
Public Benefit Statement
In setting our programme each year we have regard to both the Charity Commission’s general guidance on public benefit and prevention and relief of poverty for the public benefit. The trustees always ensure that the programmes we undertake are in line with our charitable objectives and aims.
Charity Objectives
To advance the education of pupils in the school, in particular;
-
Developing effective relationships between the staff, parents and others associated with the school;
-
Engaging in activities or providing facilities or equipment which support the school and advance the education of pupils.
Page 4 of 11
Charity Number: 1157000
Friends of Collett
Trustee Report (Continued)
For The Year Ended 31 March 2021
Results
The results for this year, as given in the Statement of Financial Activities, are considered satisfactory by the trustees, considering what is currently happening in the world of Covid.
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to engage reports to be produced so that the necessary steps can be taken to lessen these risks.
Review of The Year
Despite the pandemic, over the past year Friends of Collett has successfully raised funds to create an all-inclusive and accessible sensory garden, provision of music therapist and development of a forest school area. We have continued to provide additional funds to support our children within the classroom by providing additional classroom resources, sensory equipment and specialist IT equipment and programmes.
With all our face-to-face events cancelled or postponed, Friends of Collett were still able to go ahead with their annual online auction. The charity wishes to thank all those who have so generously supported its work whether by gift or their time, talents, products or financial donations.
This financial year Friends of Collett relied heavily on the support from local businesses, patrons and charitable organisations, as a direct result of the pandemic. Friends of Collett were grateful for one-off grants including The Graham Rowlandson Foundation, Boxmoor Trust, Nineveh Charitable Trust, St James Place Foundation and The Boshier-Hinton Foundation.
We have continued to create and build relationships with small local businesses and larger international businesses such as Warner Bros., Jarvis Build, BNI and Britvic.
Plans for The Future
During the coming financial year, Friends of Collett hope to raise funds to enable The Collett Special Needs School to continue to develop the forest school area, continue funding the music therapist provision and creation of new sensory and therapy space.
Friends of Collett will continue to provide additional funds to support our children within the classroom by providing additional classroom resources, sensory equipment and specialist IT equipment and programmes.
The report was approved by the Trustees and signed on its behalf by:-
Rhea Dickman
Chair & Fundraising Lead
Page 5 of 11
Charity Number: 1157000
Friends of Collett
Independent Examiner’s Report On The Accounts
For The Year Ended 31 March 2021
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2021.
Responsibilities and basis of the report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).
I report in respect of my examination of the charity’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 examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material aspect:
-
Accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
The accounts do not accord with those records;
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The accounts do 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.
………………………………………..
Rubina Anjum MBA ACMA CGMA Pyramid Point Limited 1 Burwood Place, Marylebone London W2 2UT
Page 6 of 11
Charity Number: 1157000
Friends of Collett Statement of Financial Activities
For The Year Ended 31 March 2021
| Notes Income and endowments from: Donations and legacies 2 Other trading activities 3 Total Expenditure On: Raising Funds 4/5 Charitable Activities 6/7 Total Net Income / Expenditure Reconciliation Of Funds Total Funds Brought Forward Total Funds Carried Forward |
Unrestricted Funds 42,824 2,259 45,083 692 27,160 27,852 17,231 10,230 27,461 |
Restricted Funds 35,285 - 35,285 - 35,052 35,052 233 - 233 |
2021 78,109 2,259 80,368 692 62,212 62,904 17,464 10,230 27,694 |
2020 92,331 13,340 |
|---|---|---|---|---|
| 105,671 | ||||
| (10,449) (99,787) |
||||
| (110,236) | ||||
| (4,565) 14,795 |
||||
| 10,230 |
Page 7 of 11
Charity Number: 1157000
Friends of Collett
Statement of Financial Position
As at 31 March 2021
| Notes Current Assets: Cash At Bank and In Hand Prepayments Creditors: amounts falling due within one year 11 Net Current Assets Total Assets Less Current Liabilities Net Assets The Funds Of The Charity Restricted Income Funds 12 Unrestricted Income Funds 12 Total Funds |
2021 26,329 2,000 28,329 (635) 27,694 27,694 27,694 |
2020 10,371 2,000 |
|---|---|---|
| 12,371 | ||
| (2,141) | ||
| 10,230 | ||
| 10,230 | ||
| 10,230 | ||
| 233 27,461 |
- 10,230 |
|
| 27,694 | 10,230 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
……………………………………………………….. Miss Rhea Dickman Chair of Trustee
Page 8 of 11
Charity Number: 1157000
Friends of Collett
Notes to the Financial Statements
For The Year Ended 31 March 2021
1. Accounting Policies
Basis of Accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 2012), and the Charities Act 2011.
Friends of Collett meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income From Donations and Legacies
| Donations Received Grants Received Sponsorships |
Unrestricted Funds Restricted Funds 2021 2020 26,984 1,000 27,983 49,928 15,840 34,285 50,125 41,903 - - - 500 |
|---|---|
| 42,824 35,285 78,109 92,331 |
3. Income Earned From Other Activities
Unrestricted Funds
| Unrestricted Funds | |
|---|---|
| Fundraising Events Advertising Sales |
2021 2020 2,259 12,140 - 1,200 |
| 2,259 14,473 |
4. Expenditure On Generating Donations and Legacies
| Unrestricted Funds Donations |
2021 2020 422 192 |
|---|---|
| 422 192 |
- Expenditure on other trading activities
| Fundraising Events | Unrestricted Funds Restricted Funds 2021 2020 270 - 270 10,257 |
|---|---|
| 270 - 270 10,257 |
Page 9 of 11
Charity Number: 1157000
Friends of Collett
Notes to the Financial Statements
For The Year Ended 31 March 2021 (Continued)
6. Costs of Charitable Activity By Fund Type
| Donations to The Collett school Support Costs |
Unrestricted Funds Restricted Funds 2021 2020 25,000 35,052 60,052 98,328 2,160 - 2,160 1,459 |
|---|---|
| 27,160 35,052 62,212 99,787 |
7. Costs Of Charitable Activity By Activity Type
| Support Costs Donations to The Collett School |
Activities Undertaken Directly Support Costs 2021 2020 60,052 2,160 62,212 99,787 |
|---|---|
| 60,052 2,160 62,212 99,787 |
8. Analysis of Support Costs
| Donations to The Collett School Advertising & Marketing Governance Costs |
2021 2020 500 - 1,660 1,459 |
|---|---|
| 2,160 1,459 |
9. Net Income / (Expenditure) For The Year
| This is stated after charging | 2021 | 2020 |
|---|---|---|
| Accountancy Fees | 1,370 | 1,320 |
Page 10 of 11
Charity Number: 1157000
Friends of Collett
Notes to the Financial Statements
For The Year Ended31 March 2021 (Continued)
10. Comparative For The Statement Of Financial Activities
| Notes Income and Endowments From: Donations and Legacies 2 Other Trading Activities 3 Total Expenditure On: Raising Funds 4/5 Charitable Activities 6/7 Total Net Income / Expenditure Reconciliation of Funds Total Funds Brought Forward Total Funds Carried Forward |
Unrestricted Funds 26,054 13,340 39,394 10,449 33,510 43,959 (4,565) 14,795 10,230 |
Restricted Funds 66,277 - 66,277 - 66,277 - - - - |
2021 92,331 13,340 105,671 10,449 99,787 110,236 (4,565) 14,795 10,230 |
2020 79,371 14,473 |
|---|---|---|---|---|
| 93,844 | ||||
| (10,492) (114,064) |
||||
| (124,556) | ||||
| (30,712) 45,507 |
||||
| 14,795 |
11. Creditors: Amounts Falling Due Within One Year
| Trade Creditors Accruals and Deferred Income |
2021 2020 - 332 635 1,810 |
|---|---|
| 635 2,143 |
12. Movement In Funds
| Unrestricted Funds Restricted Funds Total Previous Year Unrestricted Funds Restricted Funds Total |
Balance at 01/04/2020 Incoming Resources Outgoing Resources Transfers Balance at 31/03/2021 10,230 45,083 (27,852) - 27,461 - 35,285 (35,052) - 233 |
|---|---|
| 10,230 80,368 (62,904) - 27,694 |
|
| Balance at 01/04/2019 Incoming Resources Outgoing Resources Transfers Balance at 31/03/2020 14,795 39,394 (43,959) - 10,230 - 66,277 (66,277) - - |
|
| 14,795 105,671 (110,236) - 10,230 |
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