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2023-08-31-accounts

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Trustees’ annual report (including Directors’ report) for the period

From: 01 September 2022 To: 31 August 2023

Charity name: Friends of King’s College London Maths School

Charity registration number: 1167583

Report of the trustees for the year ending 31 August 2023

The trustees are pleased to present their annual directors’ report together with the consolidated financial statements of the charity and its subsidiary for the year ending 31 August 2023.

The financial statements comply with the Charities Act 2011 and the Memorandum and Articles of Association, and 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).

Our objectives and activities

Friends Objectives

The Friends of King’s College London Maths School is a CIO established to advance the education of pupils in King’s College London Maths School, in particular by:

(1) Providing facilities or equipment which are not normally provided by the Education Funding Agency;

(2) Developing effective relationships between the staff, parents, and others associated with the school;

(3) Providing additional support and services to students who are in need of assistance.

Friends Activities 2022-2023

In 2022-23 Friends supported these objectives through the following activities:

Achievements and performance

Students received all tickets free-of-charge and wrote reflective reviews afterwards to critically evaluate the culture they experienced. We focused in particular on ensuring that disadvantaged students were given a range of opportunities, and tailored our provision accordingly.

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The students increased their speaking confidence by 33% on average over the course of a 4-week online programme. The students worked with mentors from Investec, HSBC, Just Eat and Dojo who gave personalised feedback and guidance.

Overall confidence grew by 33%.

In addition, the students’ confidence increased in a range of employment related scenarios:

■ 20% more confident speaking in a job interview.

Financial review

Financially, our income (fundraising and donations) exceeded our outgoings. Our surplus is on deposit at our HSBC Community Account.

The Friends are in a solid position to support future requests for financial assistance from the school as they arise.

There are no uncertainties about the Friends continuing as a going concern.

Structure, governance and management

The Friends of KCLMS is a CIO governed by its ‘Foundation’ Constitution and registered as a charity with the Charity Commission.

As set out in the Constitution, trustees are appointed for a term of two years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Reference and administrative details

Charity name Friends of King’s College London Maths School
Other name the charity uses Friends of King’s Math School, Friends of KCLMS
Registered charitynumber 1167583
Charity’s principal address 80 Kennington Road, London SE11 6NJ

Names of the charity trustees who manage the charity

1 Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Page Starr Chair
2
3
4
5
Anthea Ameer
Janet Ikpase
Kate Riddick
Alison Wolf

Declarations

The trustees declare that they have approved the trustees’ report (including directors’ report) above.

Signed on behalf of the charity’s trustees/directors

Signature(s) Full name(s) Harold Page Starr Position (for example Chair Secretary, Chair, etc) Date 12 April 2024

Statement of financial activities (including summary income and expenditure account)

Income
Income and endowments from:
Donations and legacies
Charitable activities
Total
Expenditure
Expenditure on:
Bank Charges
Charitable activities
Total
Net income/(expenditure)
Othergains/(losses)
Net movementin funds
Total fundsbroughtforward
Total funds carried forward
Unrestricted
funds
Total
funds
Prior year
funds
£
£
£
24,326
24,326
24,041
-
-
-
24,326
24,326
24,041
60
60
40
18,909
18,909
20,000
18,969
18,969
20,040
5,357
5,357
4,001
-
-
-
5,357
5,357
4,001
41,480
41,480
37,479
46,837
46,837
41,480

Balance sheet

Fixed assets
Total fixed assets
Current assets
Cash at bank and on hand
Total current assets
Creditors: amounts falling
due within one year
Net current assets
Total assets less current
liabilities
Creditors: amounts falling
due after one year
Net assets
Funds of the Charity
Total charity funds
Unrestricted
funds
Total this
year
Total last
year
£
£
£
-
-
-
46,837
46,837
41,480
46,837
46,837
41,480
-
-
-
46,837
46,837
41,480

46,837
46,837
41,480
-
-
-
46,837
46,837
41,480
46,837
46,837
41,480

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Charity Name No (if any) Friends of King's College London Maths School 1167583 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01-Sep-22 31-Aug-23

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Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 24,326 - - 24,326 24,041
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 24,326 24,041
AR) [ 24,326 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 24,326 - - 24,326 24,041
A3 Payments
Charitable activities 18,909 - - 18,909 20,000
Bank Charges 60 - - 60 40
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 18,969 ] - - 18,969 20,040
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 18,969 - - 18,969 20,040
Net of receipts/(payments) 5,357 - - 5,357 4,001
A5 Transfers between funds - - - - -
A6 Cash funds last year end 41,480 - - 41,480 37,479
Cash funds this year end 46,837 - - 46,837 41,480
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CCXX R1 accounts (SS)

05/01/2024

1

Section B Statement of assets and liabilities at 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
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Cash in Bank Account
Details
Details
Details
Signature
Harold Page Starr
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
46,837
-
-
-
-
-
46,837
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Harold Page Starr
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
05-Jan-24

CCXX R2 accounts (SS)

05/01/2024

2