Treasurer’s report for year ended 31[st] December 2024 Friends of the Free School Charity Number 1166718
The Friends fundraising activities in 2024 generated just over £33,000. The Friends already had over £11,000 in the bank raised from previous years, and this year £20,000 was donated back to the school for the benefit of the children and around £12.000 was spent on hosting events for the school community to enjoy. The Friends ended the year with £13,745.38 in the bank*.
Funds Raised
The Friends committee, parents and school staff continued to work hard to host events such as the School Discos for all year groups, Summer and Winter Fairs, Camping, Christmas Card Project, Tea Towel Project and new Reception Play Dates. Additional fundraising events were held for Sports Day in the summer term with refreshments for sale and all children given ice poles as a treat. In September 2024 the Friends joined forces with the PTA for Hatcham College, organising a Fun Run.
Initiatives such as Charities Trust, Easy Fundraising and ad hoc donations, raised a total of £763.19, looking forward the Friends will seek to maximise the use of these initiatives.
Donated Back
The Friends were able to donate generously to the School for a number of projects. This has covered a new fixed sandpit and shelter in the reception garden, scooter rack, as well as purchasing playground equipment including large wooden blocks for the Vesta playground, sports equipment, board games, top trumps, uno, stack it cups, footballs, and basketball equipment.
Notably, the funds have continued to provide an annual hardship fund, allowing the school to underwrite the cost of the Yr 6 residential for all children, as well as supporting vulnerable families to access other opportunities such as free or subsidised enrichment clubs and musical bursaries for 1:1 music lessons.
In total these school projects came to £20,000.
Other
Running costs for the various events came to just under £12,000, (these costs included things like the food and drink for the various discos and fairs, camping equipment hire, DJ hire, bouncy castle hire etc). The PTA running costs (such as insurance) came to £287.96.
Being part of the Friends is a fantastic experience, the friendships that can be built with parents and staff across the school, the fun of running events, and the satisfaction of seeing the school benefit from such collaboration is something we would wish to recommend to other parents at the school, who might volunteer to pick up the batons in the future.
Jennie Graham, Treasurer, October 2025
Treasurer’s report for year ended 31[st ] December 2024
*Barclays erroneously closed the Community and Business Accounts in September 2024, this issue took several months to resolve and as such the majority of activities from September 2024 onwards will be reflected in the annual accounts for 2024. Barclays reopened the accounts in March 2024 and awarded a sum of £240 as compensation.
Friends of the Free School Charity Number 1166718
Statement of Income and Expenditure for the Year 31/12/2024
| Total Money | ||
|---|---|---|
| Coming In 2024 | ||
| Category | Event | SUM of Amount |
| Banking | Compensation | £240.00 |
| Banking Total | £240.00 | |
| Donation | Charities Aid Foundation | £100.00 |
| Charities Trust | £302.50 | |
| Donation | £85.98 | |
| Easy Fundraising | £274.71 | |
| Donation Total | £763.19 | |
| Event Income | Bake Sale | £666.39 |
| Camping 2024 | £4,167.46 | |
| Christmas Card Project 2023 | £563.85 | |
| Disco 2024 | £794.77 | |
| Events 2023 | £2,611.57 | |
| Fun Run 2024 | £469.97 | |
| Play Date 2024 | £35.24 | |
| Sports Day 2024 | £398.51 | |
| Summer Fair 2023 | £2,889.05 | |
| Summer Fair 2024 | £5,393.52 | |
| Tea Towels/Winter Fair 2023/Disco 2024 | £2,827.44 | |
| Tea Towels/Winter Fair Raffle 2024 | £1,277.29 | |
| Uniform Sales 2024 | £28.21 | |
| Winter Fair 2023 | £4,801.62 | |
| Winter Fair 2024 | £3,877.38 | |
| Event Income Total |
£30,802.27 | |
| Grant Fund | SELCHP Grant | £1,200.00 |
| Grant Fund Total | £1,200.00 |
Treasurer’s report for year ended 31[st ] December 2024
| Interest | Interest | £135.87 |
|---|---|---|
| Interest Total | £135.87 | |
| Grand Total | £33,141.33 | |
| Category | Event | SUM of Amount |
| Donation | Charities Trust | -17.5 |
| Donation Total | -17.5 | |
| Event Cost | Camping 2024 | -2251.3 |
| Disco 2024 | -961.66 | |
| Disco 2025 | -400 | |
| Fun Run 2024 | -70.94 | |
| Sports Day 2024 | -194.91 | |
| Staff Gifts 2023 | -81.75 | |
| Staff Gifts 2024 | -540.5 | |
| Summer Fair 2024 | -1465.89 | |
| Tea Towel Project 2023 | -1767.15 | |
| Tea Towels Project 2024 | -994.53 | |
| Uniform Sales 2024 | -10 | |
| Winter Fair 2023 | -1543.19 | |
| Winter Fair 2024 | -1171.87 | |
| Yr 6 Disco 2024 | -340.97 | |
| Event Cost Total | -11794.66 | |
| PTA Cost | PTA Cost | -246.96 |
| Test | -1 | |
| Website | -40 | |
| PTA Cost Total | -287.96 | |
| School Project | School Project | -20000 |
| School Project Total |
-20000 | |
| Grand Total | -32100.12 |
| Balance at 1st | £ 12,704.17 | |
|---|---|---|
| January 2024 | ||
| Balance at 31st | £ 13,745.38 | |
| December 2024 |
Treasurer’s report for year ended 31[st ] December 2024
Due to the nature of the financial year, some income or expenditure run from previous years or into the next year
Treasurer’s report for year ended 31[st ] December 2024
Independent examiner's report on the accounts
Section A Independent Examiner’s Report Report to the trustees The Friends of the Free School (“Friends”) On accounts for the year 31[st] December 2024 Charity 1166718 ended no (if any) Set out on pages 1 - 2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2024
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did 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.
Date: 27[th] October 2025
Signed: 1………………… 2………BH…………….. 1. Jeff Gibbon, ICAEW Name: 2. Baljit Hayre CMIIA, CIA Address: 1. 172 Ivydale Road, London SE15 3BT 2. 125 Drakefell Road, London, SE14 2DT
1
Oct 2018
IER
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of No material matters of concern. any items that the examiner wishes to disclose .
2
Oct 2018
IER