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2025-08-31-accounts

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

From: 01 September 2024 To: 31 August 2025

Charity name: Friends of King's College London Maths School Charity registration number: 1167583

Report of the trustees for the year ending 31 August 2025

The trustees are pleased to present their annual directors' report together with the consolidated financial statements of the charity for the year ending 31 August 2025.

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:

King’s Konzert 1.0 and Parents Pizza Evening Dec 2024

Friends Activities 2024-2025

In 2024-25 Friends supported these objectives through the following activities:

King’s Kulture trip to Hamilton

Achievements and performance

Bushcraft 2024

Financial review

During 2024-25, the Friends drew on reserves to fund an expanded programme of activities, resulting in expenditure exceeding income for the year. Total income from donations and Gift Aid was £15,103, with an additional £112 in bank interest following the establishment of an interest-bearing savings account on the recommendation of the independent examiner. Total expenditure on charitable activities was £24,964, with £60 in bank charges.

The closing balance of £41,331 provides a solid foundation to support the school's requests for financial assistance in the coming year, though the trustees recognise the need to increase fundraising activity to ensure long-term sustainability.

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

Hampton Court Half Marathon April 2024

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.

During the year, Alison Wolf resigned as trustee (while continuing to attend Friends meetings). Korhan Korel and Joanne Kong were appointed as new trustees. Anthea Ameer, Janet Ikpase and Kate Riddick continued as trustees following the expiration and renewal of their terms.

Reference and administrative details

Reference and administrative details Reference and administrative details
Charity name
Friends of King's College London Maths School
Other name the charity uses
Friends of King's Maths School, Friends of KCLMS
Registered charity number
1167583
Charity's principal address 80 Kennington Road, London SE11 6NJ

Names of the charity trustees who manage the charity

1
Page Starr
Chair
1
Page Starr
Chair
1
Page Starr
Chair
1
Page Starr
Chair
1
Page Starr
Chair
Page Starr
2
Anthea Ameer
3 Janet Ikpase
4
Kate Riddick
5
Korhan Korel
Treasurer
New appointment
6 Joanne Kong New appointment

King’s Konzert 2.0 and Bingo Night March 2025

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: Chair

Date: 31 August 2025

Statement of financial activities

(including summary income and expenditure account)

Unrestricted
funds
Total funds Prior year
funds
£ £ £
Income
Donations and legacies 15,103 15,103 23,181
Bank interest
Total
112
15,215
112
15,215
-
23,181
Expenditure
Bank Charges 60 60 62
Charitable activities 24,964 24,964 18,815
Total 25,024 25,024 18,877
Net income/(expenditure) (9,809) (9,809) 4,303
Net movement in funds (9,809)
(9,809)
4,303
(9,809)
(9,809)
4,303
(9,809)
(9,809)
4,303
Total funds brought forward 51,140
51,140
46,837
Total funds carried forward 41,331 41,331 51,140

Balance sheet

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----- Start of picture text -----
Unrestricted Total this year Total last year
funds
£ £ £
Fixed assets
Total fixed assets - - -
Current assets
Cash at bank and on hand 41,331 41,331 51,140
Total current assets 41,331 41,331 51,140
- - -
Creditors: amounts falling due
within one year
Net current assets 41,331 41,331 51,140
Total assets less current liabilities 41,331 41,331 51,140
- - -
Creditors: amounts falling due after
one year
Net assets 41,331 41,331 51,140
Funds of the Charity
Total charity funds 41,331 41,331 51,140
----- End of picture text -----

Notes to the accounts

1. Accounting policies

The accounts are prepared on a receipts-and-payments basis in accordance with the Charities Act 2011.

2. Donations

The charity's primary source of income is through the Charities Aid Foundation (CAF), which processes individual donations and claims Gift Aid on our behalf. CAF transfers combined payments to our bank account. We also receive donations through the Charities Trust. During the year, four donations exceeded £500, totalling £6,032.

3. Expenditure on charitable activities

All expenditure was approved by the trustees at minuted meetings. Payments were made to King's College London Maths School Trust against invoice #245 dated 12 August 2025, covering the following activities:

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Activity Amount (£)
Learning Mentor: contribution to salary 10,000.00
King's Kulture 5,155.37
Bushcraft contribution 2,700.00
Healthy Snacks for Students 2,122.12
We Speak 1,200.00
Y13 Prom contribution 1,000.00
24 May Event 1,000.00
Young Enterprise Competition 695.98
Running Programme 564.00
Parent Events (Pizza/Bingo) 526.22
Total 24,963.69
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4. Bank accounts

During the year, following the independent examiner's recommendation, the charity established a Business Money Manager savings account to earn interest on its reserves. At year's end, funds were held as follows:

Account Balance (£)
HSBC Community Account (Current) 319.41
HSBC Business Money Manager (Savings) 41,011.50
Total 41,330.91

5. Related party transactions

No trustee received any remuneration during the year. No trustee expenses were reimbursed.

6. Independent examination

The accounts will be subject to independent examination in accordance with the Charities Act 2011.

Charity Name No (if any) CC16a
Friends of King's College London Maths School 1167583
Receipts and payments accounts
For the period from Period start date To Period end date
01-Sep-24 31-Aug-25
Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations through the Charities Aid Foundation
14,764 0 0 14,764 11,592
Other Donations (Charities Trust) 339 0 0 339 11,588
Bank Interest 112 0 0 112 0
Sub total (Gross income for AR) 15,215 0 0 15,215 23,180
A2 Asset and investment sales, (see table). 0 0 0 0 0
Sub total 0 0 0 0 0
Total receipts 15,215 0 0 15,215 23,180
A3 Payments
Bank Charges
60 0 0 60 62
Learning Mentor: Contribution to Salary 10,000 0 0 10,000 10,000
King's Kulture 5,155 0 0 5,155 5,026
We Speak 1,200 0 0 1,200 1,000
Y13 Prom Contribution 1,000 0 0 1,000 1,000
Parent Events (Pizza/Bingo) 526 0 0 526 727
24 May Event 1,000 0 0 1,000 0
Healthy Snacks for Students 2,122 0 0 2,122 359
Bushcraft 2,700 0 0 2,700 0
Young Enterprise Competition 696 0 0 696 703
Running Programme 564 0 0 564 0
0 0 0 0 0
0 0 0 0 0
Sub total 25,023 0 0 25,023 18,877
A4 Asset and investment purchases, (see table) 0 0 0 0 0
Sub total 0 0 0 0 0
Total payments 25,023 0 0 25,023 18,877
Net of receipts/(payments) -9,808 0 0 -9,808 4,303
A5 Transfers between funds 0 0 0 0 0
A6 Cash funds last year end 51,140 0 0 51,140 46,837
Cash funds this year end 41,331 0 0 41,331 51,140
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted funds **Restricted funds ** Endowment funds
B1 Cash funds Cash in Bank Account 41,331 0 0
0 0 0
Total cash funds 41,331 0 0
(agree balances with receipts and payments account(s)) OK OK OK
B2 Other monetary assets Details Unrestricted funds Restricted funds Endowment funds
0 0 0
0 0 0
0 0 0
B3 Investment assets Details Fund to which asset belongs Cost (optional)urrent value (optional)
0 0
0 0
0 0
B4 Assets retained for the charity's own use Details Fund to which asset belongs Cost (optional)urrent value (optional)
0 0
0 0
0 0
B5 Liabilities Details Fund to which liability relatesAmount due (optional) When due (optional)
0
0
0
Signed by one or two trustees on behalf of all the trustees
Signature Print Name Date of approval
Harold Page Starr Harold Page Starr