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2024-08-31-accounts

Annual Return for Hornsby House PTA

HORNSBY HOUSE PTA – ANNUAL RETURN

Reporting Period: 1 September 2023 – 31 August 2024 Charity Number: 1167799 Registered Address: Hornsby House School, Hearnville Road, London SW12 8RS Chair: Harriet Kassam Treasurer: Tutu Kamara Secretary: Caroline Sullivan Other trustees: Gabrielle Bunning Charlotte Iles Karen Keable AnneMarie Munk Edward Rees

1. Overview

The PTA operates according to the constitution adopted on 16 March 2016. Annual General Meetings (AGM’s) must be held each calendar year and within 15 months of the previous AGM.

At the AGM the accounts and report of the committee members for the previous financial year are received, new committee members are elected and an independent examiner for the financial statements is appointed.

Committee members are elected at the AGM and hold office until the next AGM. Nominations for the committee may be made by any member of the PTA and seconded by another and are to be made in writing to the Chair. A minimum of three PTA meetings are to be held each academic year. All parents, guardians or carers of any pupil currently attending the school; and the teaching and non-teaching staff currently employed by the school are members of the PTA.

2. Activities and Achievements

During the year, the PTA organized the following major events and initiatives:

In total, we were able to donate £79,000 to charity this year.

3. Financial Overview

Net Assets opening Balance (1 September 2023): £16,916 Total Income: £187,249 Total Expenditure: £183.693 Closing Balance (31 August 2024): £20,472

Major expenditures included:

A full financial statement is available upon request and will be reviewed during the AGM.

4. Plans for the Year Ahead (2024–2025)

Looking ahead, the PTA is facing challenges due to reduced space within the school caused by major building works. As a result, offsite storage costs have increased, and some events may need to be scaled down. Despite these constraints, we remain committed to hosting the events that foster a strong sense of community within the school.

5. Acknowledgements

We thank all parents, staff, and volunteers who contributed time, effort, and generosity throughout the year. Special thanks go to the PTA Committee, class reps, and the Headteacher for their ongoing collaboration and support.

Submitted by: Tutu Kamara Treasurer, Hornsby House PTA Date: 26 June 2025

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Hornsby House School PTA Statement of Financial Activity for the year ended 31 August 2024
31 August 2024 31 August 2023
All unrestricted funds All unrestricted funds
Income Expense Income Expense
£ £ £ £
ading activities 161 - 213
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ading activities 161 - 213
Affiliate Marketing income 3,170 1,658 2,641 1,482
Tea towels 1,459 - 1,228 -
Toy Fair - - 463 -
Christmas Party 6,327 3,372 8,980 3,894
Christmas Market 151,371 81,140 5,401 4,743
Parents' Party 6,824 961 10,673 3,218
Nearly New Uniform Sales 3,255 1,224 2,781 927
Quiz night 8,152 4,641 6,899 3,685
Summer fete 1,434 - 1,334 81
Summer fete raffle 1,770 1,150 2,062 1,764
School Discos 1,908 729 1,914 399
Filmnight 106 -
Sweet sale 185,936 94,876 44,591 20,192
Total other trading activities
Charitable
Activities - 79,000 - 10,500
Donations to Charity - 1,960 - 1,000
Year 6 leavers' party and book 689 452 589.65 471
Year 4 play - - 12,288
Donations to Hornsby House School - Ipads for art Department 625 - 740 -
Christmas Cards 1,313 81,412 1329.65 24,259
Total Charitable Activities
General Expenses - 668 389.9 1809.39
PTA Thank you events - 4,609 186.36
Gifts to Hornsby House School Staff - 918 322.28
Fees and Subscriptions - 1,211 65.69
PTA running expense - Other - 7,405 455.59 2318.03
Total General Expenses
187,249 183,693 46376.65 46768.55
Total income
3,556 (392)
Net income
Reconciliation of funds
16,916
Total funds brought forward 20,472
Total funds carried forward

There have been no other recognised gains or losses or tranfers between funds for the financial year.

Hornsby House School PTA Balance Sheet as at 31 August 2024

ASSETS

Current Assets
Accounts Receivable
Prepayments
Other debtors
Total Accounts Receivable
Cash at bank and in hand
Nat West current
Petty cash
Total Cash at bank and in hand
Total Current Assets
Current Liabilities
Other Current Liabilities
Accruals
Total Other Current Liabilities
Total Current Liabilities
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
Capital and Reserves
Share Capital Account
Unrestricted Net Assets
Profit / loss for the Year
Shareholder
funds
31 August 24
31 Aug 23
-
8,658
620
-
620
8,658
22,522
15,067
576
436
23,098
15,503
23,717
24,161
3,245
7,245
3,245
7,245
3,245
7,245
20,472
16,916
20,472
16,916
20,472
16,916
19,413
19,413
(2,497)
(2,106)
3,556
(392)
20,472
16,916

Hornsby House School PTA Notes to the Accounts 31 August 2024

Note 1 Basis of preparation 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011. The Hornsby House PTA constitutes a public benefit entity as defined by FRS 102. 1.2 Going concern The accounts have been prepared on a Going Concern basis. 1.3 Accounting policy The accounts present a true and fair view and were prepared in accordance with SORP FRS 102. The accounting policies adopted are those outlined in note 2. 1.4 Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). 1.5 Material prior year errors No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). Note 2 Accounting policies 2.1 Recognition of income · the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; and · the monetary value can be measured with sufficient reliability. 2.2 Expenditure and liabilities Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obliga�on at the repor�ng date 2.3 Assets Stocks Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Note 3 Details of certain items of expenditure 3.1 Fees for examination of the accounts No fees were paid for the Independent examination of the accounts, tax advisory or other accountancy or audit services for the year ended 31 August 2024 (2023: nil). Note 4 Paid employees The charity had no paid employees during the year ended 31 August 2024 (2023:nil).

Note 5 Donations

5.1 Analysis of donations paid to Hornsby House
Grants to institutions
Ickle Pickle
Macmillan
Ellas
Little village
Play it
Forward
Total
5.2 Donations made to the school
No donations were made to Hornsby House Sch
School and nomi
ool
nated charities (included in cost of charitable activities)
2024
£
3,000
35,000
35,000
3,000
3,000
79,000
Note 6 Tangible fixed assets
The charity has no tangible fixed assets. (2023: n il)
Note 7 Intangible assets
The charity has no intangible assets (2023:nil).
Note 8 Stock
The charity has no stock (2023: nil)
Note 9 Debtors and prepayments
9.1 Analysis of debtors
Prepayments
Other debtors
Total
There were no debtors due after more than a ye
This year
£
-
620
ar (2023:nil).
Last year

£
8,658
-
8,658
Note 10 Creditors and accruals
10.1 Analysis of creditors
Accruals for donations payable
Accruals and deferred income
Total
Amounts falling
This year
£
3,000
245
3,245
due within one year

Last year

£
6,500
745
7,245
Note 11 Cash at bank and in hand
Cash at bank
and on hand
Other
This year
£
23,098
-
23,098
Last year
£
15,503
-
15,503

The charity does not have any material debtors therefore it does not have any material credit risk. The charity only holds cash and cash equivalents in a bank current account in a high street UK bank, the amounts held are below the threshold for the Financial Services Scheme, it holds no other investments and so it does not have a material market risk. The charity does not have any material financial commitments, no commitments are entered into unless sufficient cash has been raised to cover them. Therefore exposure to liquidity risk is minimal.

As a result of the immaterial exposure to credit risk there have been no fair value adjustments to assets and liabilities recorded in the SOFA.

Note 13 Transactions with trustees and related parties

13.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

13.2 Trustees' expenses

No trustee expenses have been incurred in the year ended 31 August 2024 (2023: nil).

13.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided. Related party transactions are detailed below

Name of the tr Relationship to chaDescription of the transaction(s)
Charlotte Iles
Trustee
Expenses incurred on behalf of charity
Harriet KassamTrustee
Expenses incurred on behalf of charity
Karen Keable
Trustee
Expenses incurred on behalf of charity
Tutu Kamara
Trustee
Expenses incurred on behalf of charity
Annemarie MuTrustee
Expenses incurred on behalf of charity
Caroline SullivaTrustee
Expenses incurred on behalf of charity
Bryony Rustad Trustee
Expenses incurred on behalf of charity
Amount
Balance at
period end
Provision
for bad
debts at
period end
Amounts
written off
during
reporting
period
£
£
£
£
2,378
-
-
-
11,970
-
-
-
358
-
-
-
1,200
-
-
-
507
-
-
-
525
-
-
-
50
-
-
-
16,988
-
-
-

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

All amounts paid as soon as claim and receipts are submitted

For any related party, please provide details of any guarantees given or received. None

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees

Charity Name Hornsby House Parents Teacher Association (HHS PTA)

On accounts for the 31/08/2024 Charity 1167799 year ended no (if any) Set out on pages 1-7 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2024 .

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the 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 examiner's statement

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 in, any material respect:

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: 29 May 2025

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Signed:
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Oct 2018

1

IER

Name: Caroline Skillings

Relevant professional Chartered Accountant – member of ICAEW qualification(s) or body (if any): Address: 16 Lavender Sweep London SW11 1HA

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 any items that the examiner wishes to disclose .

Oct 2018

2

IER