**Charity Registration Number: 1165669**
## **POINT-VIRGULE**
**Trustees' Annual Report and Financial Statements for the Period ended 31 August 2025**
1
## **POINT-VIRGULE**
## **Charity Registration Number: 1165669**
|**Contents**|**Page**|
|---|---|
|Trustees’ Report|**3 – 6**|
|Receipts and Payments Account|**7**|
|Statement of Assets and Liabilities|**8**|
|Notes to the Accounts|**9**|
2
**POINT-VIRGULE**
**Charity Registration Number: 1165669**
## **Report of the Trustees for the Period Ended 31 August 2025**
The Trustees present their report and the financial statements for the period ended 31 August 2024. The Trustees who served during the period and up to the date of this report are set out below.
## **Reference & Administrative Information**
**Registered address** Better Space 127 Farringdon Road London EC1R 3DA
## **Business address**
Canonbury Primary School 1240Canonbury road London N1 2UT
## **Bankers**
NatWest Bank 11 Upper Street London N1 0PQ
## **Structure, governance and management**
CONSTITUTION
Point-Virgule was registered as a Charitable Incorporated Organisation (CIO) on 22 February 2016 with its governing document being its Constitution. As a Foundation CIO the Trustees are its only voting members and have the power to appoint new Trustees.
## TRUSTEES
During the period and up to this report’s date the Trustees were:
Mr Vamory Traore (chair)
Mrs Anne Horlait
Mr Hubert Jeaneau
Mr Nicolas Marco
Ms Laetitia Houget (appointed 14/09/2024)
## **POINT-VIRGULE**
3
**Charity Registration Number: 1165669 Report of the Trustees for the Period Ended 31 August 2025**
## APPOINTMENT METHOD, INDUCTION AND TRAINING OF TRUSTEES
Individuals who express interest in becoming a trustee are interviewed by the Chair and then invited to meet the other trustees at the start of a trustee meeting. This is an opportunity for the potential trustee to discuss their relevant experience, skills and knowledge. In addition, they can discuss the role with existing trustees. As part of their induction new Trustees are provided with a copy of the constitution, the latest accounts and all relevant policies. All Trustees are kept up to date with any external regulatory changes and are provided with training and support where necessary.
## ORGANISATION STRUCTURE OF POINT-VIRGULE AND DECISION-MAKING PROCESS
The trustees meet every term during the school year.
## RISKS AND INTERNAL CONTROL
The Trustees have overall responsibility for ensuring that Point-Virgule has appropriate systems of control, both financial and operational. These systems are designed to provide reasonable, but not absolute, assurance against material misstatement or loss.
## **Objectives and activities**
The objects of Point-Virgule are:
For the public benefit the advancement of education by teaching the French language and French culture, heritage and history to residents in Islington and the surrounding areas through the provision of Saturday classes and through organising associated events such as the Trustees shall determine.
## HOW HAS POINT-VIRGULE TRIED TO FURTHER THESE AIMS?
During the period Point-Virgule has continued growing to offer classes to more children in the community.
The Trustees consider that the activities undertaken, offered at minimal cost, provide benefit to the community and confirm that in exercising their powers and duties, they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission and have complied with their duties under Section 17 of the Charities Act 2011.
4
**POINT-VIRGULE**
**Charity Registration Number: 1165669 Report of the Trustees for the Period Ended 31 August 2025**
## **Achievements and performance**
WHAT HAS POINT-VIRGULE ACHIEVED DURING THE PERIOD?
Point-Virgule has continued to deliver lessons for children from 4 to 14 years old, welcoming new families to the community and enabling some of its pupils to transfer to the French state education system as well as some Lycées Français overseas.
Point-Virgule has also successfully prepared its pupils wishing to take the French GCSE exams ahead of time. All pupils sitting the exams in 2025 achieved the maximum grade.
Point-Virgule has continued organising events for pupils and parents, therefore strengthening the ties to the school and the sense of community. This is particularly beneficial to parents of new pupils who can feel isolated and do not benefit from a family support system in the UK.
Point-Virgule relocated to new premises to accommodate the new number of classes and to improve the logistics of the organisation, with better storage facilities and better synergies between classes.
A fuller account of Point-Virgule’s activities can be found on the Point-Virgule website: https://point-virgule.org.uk/en/home/
## **Financial review**
FINANCIAL RESULTS FOR THE PERIOD
During this financial period, Point-Virgule generated a surplus of **£3,877** which, together with the cash holdings of £26,720 from the end of the previous period, leaves cash funds at the end of the period standing at **£30,597** .
Full details of the results for the period are as shown in the Accounts.
## RESERVES POLICY
The aim of the Trustees is to ensure that Point-Virgule holds adequate reserves to allow it to continue its charitable objectives to cover working capital and to support any period of running costs should income reduce unexpectedly. Our reserves exceed one term’s worth of expenses and are therefore sufficient at this time.
5
## **POINT-VIRGULE**
## **Charity Registration Number: 1165669 Report of the Trustees for the Period Ended 31 August 2025**
## **Plans for Future Periods**
The Trustees of Point-Virgule plan to continue opening at least one class each academic year, in line with local demand to welcome new pupils to the school.
Point-Virgule is also planning to recruit more assistant teachers to manage the growth of the classes.
Point-Virgule intends to streamline its communications with parents by introducing the use of a CRM to cope with the increased number of families involved in the school.
Point-Virgule would like to develop more cultural offerings outside of the lessons, for example organising shows or theatre plays open to all the community.
Approved by the Trustees on 07/06/2026 and signed on their behalf by
Mr Vamory Traoré, Chair
6
## **POINT-VIRGULE**
## **Charity Registration Number: 1165669**
## **Receipts and Payments Account for the period 1 September 2024 to 31 August 2025 and comparatives for the previous period**
||**1/09/2024 to**
**31/08/2025**|**1/09/2024 to**
**31/08/2025**|1/09/2023 to
31/08/2024|1/09/2023 to
31/08/2024|
|---|---|---|---|---|
||**£**|**£**|£|£|
|**Receipts**|||||
||||||
|School Fees|**37,914**||36,794||
|Grants|||0||
|Fundraising|**539**||396||
||||||
|**Total Receipts**||**38,453**||37,190|
||||||
|**Payments**|||||
||||||
|Teachers’fees|**21,785**||21,268||
|Premises rental|**8,460**||6,630||
|Admin fees|**1,940**||1,860||
|Teaching materials,
software and stationery|**1,081**||1,577||
|Marketing and events|**735**||1,079||
|External fees and
insurance|**510**||720||
|Others|**65**||229||
||||||
|**Total Payments**||**34,576**||33,363|
||||||
|**Net**
**Receipts/(Payments)**||||3,877|
||||||
|Bank and cash holdings
as of 1 September 2024|||26,720||
||||||
|**Bank and cash holdings**
**as of 31 August 2025**|||**30,597**||
7
**POINT-VIRGULE**
**Charity Registration Number: 1165669**
## **Statement of Assets and Liabilities as of 31 August 2025**
||**As at**
**31/08/2025**
**£**|As at
31/08/2024
£|
|---|---|---|
||||
|Bank Account|||
|NatWest Bank|**30,597**|26,720|
||||
|**Total Current Assets**|||
||||
|Represented by|||
|General Account|**30,597**|26,720|
||||
|**Total**|**30,597**|26,720|
||||
|Other Assets|||
|Debtors|**460**|0|
||||
|Liabilities|||
|Creditors|**533**|0|
## **All funds are unrestricted.**
Approved by the Trustees on 07/06/2026 and signed on their behalf by
Mr Vamory Traoré Chair Trustee
8
**POINT-VIRGULE**
**Charity Registration Number: 1165669**
## **Notes to the accounts for the Period ended 31 August 2025**
## **1. Accounting policies**
The accounts are completed on a Receipts and Payments basis in accordance with the Charities Act 2011 that summarises the movement of cash into and out of the organisation during the financial period.
## **2. Trustees Remuneration**
No fees were paid to trustees during the financial period
## **3. Related Party Transactions**
During the period, fees of £1,117.50 were paid to Arthur Parthenay who is the child of one of the trustees and worked for Point-Virgule as a teacher assistant.
9
**No 1165669**
**Point-Virgule**
## **Receipts and payments accounts**
**CC16a**
**For the period 01/09/2024 31/08/2025 To from**
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**-**
**37,914**
**-**
**539**
**38,453**
**-**
**-**
**-**
**38,453**
**21,785**
**8,460**
**1,940**
**707**
**510**
**735**
**375**
**65**
**34,576**
**-**
**-**
**-**
**34,576**
**3,877**
**26,720**
**30,597**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**-**
**37,914**
**-**
**539**
**38,453**
**-**
**-**
**-**
**38,453**
**21,785**
**8,460**
**1,940**
**707**
**510**
**735**
**375**
**65**
**34,576**
**-**
**-**
**-**
**34,576**
**3,877**
**26,720**
**30,597**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|
||**-**||||**-**|
|School fees|**37,914**||||**36,794**|
|Grants|**-**||||**-**|
|Fundraising|**539**||||**396**|
|||||||
|||||||
|||||||
|||||||
|**_Sub total(Gross income for_**
**_AR)_**|
**38,453**||||**37,190**|
|||||||
|**A2 Asset and investment sales,**
**(see table).**||||||
||**-**||||**-**|
||**-**||||**-**|
|**_Sub total_**|**-**||||**-**|
|**_Total receipts_ **
**A3 Payments**||||||
||||||**37,190**|
|||||||
|||||||
|Teachers fees|**21,785**||||**21,268**|
|Premises rental|**8,460**||||**6,630**|
|Admin fees|**1,940**||||**1,860**|
|Teaching materials and stationary|**707**||||**1,577**|
|External fees and insurance|**510**||||**720**|
|Events|**735**||||**1,079**|
|IT|**375**||||**229**|
|Training and safeguarding|**65**||||**-**|
|||||||
|**_Sub total_ **|**34,576**||||**33,363**|
|||||||
|**A4 Asset and investment**
**purchases, (see table)**||||||
||**-**||||**-**|
||**-**||||**-**|
|**_Sub total_ **|**-**||||**-**|
|**_Total payments_ **
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||
||||||**33,363**|
|||||||
||**3,877**|**-**|**-**|**3,877**|**3,827**|
|||||||
||**26,720**|**-**|**-**|**26,720**|**22,893**|
||**30,597**|**-**|**-**|**30,597**|**26,720**|
|**Section B Statement of assets and liabilities at the end of**|**Section B Statement of assets and liabilities at the end of**|**Section B Statement of assets and liabilities at the end of**|**the period**||
|---|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|(agree balances with receipts and payments
account(s))
**Details**
Cash in bank
**_Total cash funds_**
**Details**
Debtors
**Details**
**Details**
**Details**
Creditors
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**30,597**
**-**
**-**
**-**
**-**
**-**
**30,597**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**460**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
unrestricted funds
**533**
**-**
**-**
**-**
**-**
Print Name
VamoryTraoré||**Endowment**
**funds**
**to nearest £**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||OK|
|||||**Endowment**
**funds**
**to nearest £**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**Current value**
**(optional)**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**Current value**
**(optional)**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**When due**
**(optional)**|
|||||**September 2025**|
||||||
||||||
||||||
||||||
||||||
|||||Date of
approval|
|||VamoryTraoré||07/06/2026|
||||||
Point-Virgule
|31 August 2025|31 August 2025|||
|---|---|---|---|
|||||
|Charity no.:|1165669|Company no.:||
I report to the charity trustees on my examination of the accounts of the above charity for the year ended 31 August 2025.
As the charity’s trustees of the Charity, you are responsible for the preparation of
the accounts in accordance with the requirements of the Charity Act 2011 (“the 2011 Act”).
I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that:
- Accounting records were not kept in accordance with section 130 of the Act or
- The accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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12 June 2026
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