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;
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 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:
1. Accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. The accounts do not accord with those records;
3. 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|
5. 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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