2022-08-31-accounts - Friends Of Southwater Infant Academy

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Account Summary Section 1	for the Perio	d: OI/09/20	2I to 3I/08/2022
Income			Expenditure
Art		1,900.00	Art	1,549.30
Deposit account accum. Easter Raffle	interest	99.22 179.36	Deposit account accum. Interest Easter Raffle	5.00 177.01
End ofYear		0.00	End ofYear	853.42
Fairtrade		301.19	Fairtrade	265.72
Friends of SIA		7,445.21	Friends of SIA	9,251.17
General Donations		611.61	General Donations	38.85
HSBC bank charges		0.00	HSBC bank charges	85.84
Leavers tshirts		747.50	Leavers tshirts	0.00
Numicon		190.00	Numicon	0.00
Photo Commission		1,415.55	Photo Commission	75.00
PTA		'I,981.54	PTA	1,408.68
Red Nose Day Sponsored Event Sundry - Odd Payments Tennis		163.92 5,502.81 0.00 480.00	Red Nose Day Sponsored Event Sundry - Odd Payments Tennis	392.91 0.00 12.00 476.00
Uniform		10,407.61	Uniform	11,855.45
Total Income		31,425.52	Total Expenditure	26,446.35
Excess of Expenditure	over Income	0.00	Excess of Income over Expenditure	4,979.17
Section 2
Balance b/f 01/09/2021			Balance c/f 31/08/2022
Cash		89.82	Cash	79.38
Cheques in Hand Unsettled ePayments		0.00 0.00	Unsettled ePayments Cheques in Hand	0.00 0.00
Southwater Infant Academy SF		3,600.80	Southwater Infant Academy SF	2,026.98
HSBC			HSBC
Deposit Account Total		36,450.06 4014068	Deposit Account Total	43,013.49 45,119.85
Income			Expenditure
Movement in Period		4,979.17	Movement in Period	0.00

Objectives and	Activ	itie	s
			SORP reference
Summary of the purposes the charity as set out in its governing document		of		To advance Southwater by engaging facilities or	the education of pupils at The Infant Academy, in particular in activities or providing equipment which support he
				school and	advance the education		ofthe
				u ils.
Summary ofthe main activities in relation to those			Para 1.17and 1.19	Sponsored events, providing facilities for the community, holding fund raising events.
purposes for the public
benefit, in particular,	the
activities, projects or
services identified in	the
accounts.
Statement confirming whether the trustees	have		Para 1.18	The trustees have had regard to the guidance issued by the Charity
had regard to the guidance				Commission		on public benefit.
issued by the Charity
Commission on public
benefit

chievements and Per	formance
	SORP reference
		During the period 1"September 2021 to 31"August 2022, the academy raised
		funds for two major areas of improvement.
Summary of the main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances of its	Para 1.20	1. The funds raised enabled the academy to update its reading scheme in all year groups, providing new reading books linked to our phonics programme. This improved outcomes in phonics and
beneficiaries and any wider benefits to society as a whole.		reading for all children. 2. Funds raised enabled us to resurface and remark our playground, increasing
		the physical activity of children at
		playtimes.

inane ia I Review
Review ofthe charity's		Para 1.21	The charity		finished the year in a			positive
financial position at the end of the eriod			financial position, with raised either s ent or			all ofthe monies allocated.
Statement explaining the policy for holding reserves stating why they are held		Para 1.22	The charity does not expect to hold reserves and there is no financial need this. Funds raised are spent or allocated ensure that the children currently at the						for to
			academ benefit from			them.
Amount of reserves held		Para 1.22	EO
Reasons for holding zero		Para 1.22	There is no		financial need for the			charity to
reserves			hold funds.		There are	no costs that would
			require this.
Details of fund materially	in	Para 1.24	N/A
deficit
Explanation of any		Para 1.23	N/A
uncertainties about the
charity continuing as a going
concern
Structure, Governance		and Management
Description of charity's			The charity		is a trust	set up	to provide
trusts:			additional	resources		and learning
			experiences		for the children		attending
			Southwater		Infant Academ
Type of governing document		Para 1.25	Trust deed
(trusi r.ler~cl, I'oyal charieI')
How is the charity		Para 1.25	Foundation		CIO
constituted?
(e.g LIIIII3GUI'IIof aterl association, (.IO)
Trustee selection methods		Para 1.25	Parents from the academy				community		are
including details of any constitutional provisions e.g.			invited to become trustees, opting to take on key roles				with within	trustees the trust.
election to post or name	of
any person or body entitled
to appoint one or more
trustees

	Trustee name	Trustee name
1	Christie	Cavallo
2	Douglas	Smith
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