**REGISTERED CHARITY NUMBER: 1172372** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 August 2022** ## **for** **Wilson's Parents and Friends Association "PFA"** **Wilson's Parents and Friends Association "PFA"** ## **Contents of the Financial Statements for the Year Ended 31 August 2022** ||**Page**| |---|---| |**Report of the Trustees**|1 to 4| |**Independent Examiner's Report**|5| |**Statement of Financial Activities**|6 to 7| |**Balance Sheet**|8| |**Notes to the Financial Statements**|9 to 13| |**Detailed Statement of Financial Activities**|14| ## **Wilson's Parents and Friends Association "PFA"** **Report of the Trustees for the Year Ended 31 August 2022** The trustees present their report with the financial statements of the charity for the year ended 31 August 2022. The trustees have adopted the provisions of 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 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Our Objectives are: To engage in activities that support the school and thereby advance the education of the pupils. Provide and assist in the provision of such facilities or items for education at the school as the Committee in consultation with the Head shall from time to time determine. Our aim is to continue supporting Wilson's School and to be resourced predominantly by Wilsonian Parent volunteers. We seek to attract sufficient funds to meet our objectives and our financial reserves target. ## **Significant activities** General charitable purpose Education / Training / Research Secondary education ## **Public benefit** The activities that we carry out are described above. These activities are undertaken to meet our objectives and aims and to further our charitable purposes for the public benefit. In setting and reviewing our objectives and aims, and in planning and carrying out our activities, we have due regard to the public benefit guidance published by the Charity Commission. ## **Grantmaking** The main and most important criteria are to support the educational and social needs of the Wilson's pupils by making grants to Wilson's School. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** - Funded Sixth Form leavers' buffet. - Funded ice-cream on Sports day for all Boys and Staff. - Capital contribution towards the new building project. - Contribution towards purchase of equipment for the new sport and music facilities. Page 1 ## **Wilson's Parents and Friends Association "PFA"** ## **Report of the Trustees for the Year Ended 31 August 2022** ## **ACHIEVEMENT AND PERFORMANCE** ## **Fundraising activities** Bar Refreshment Sales Familiarisation Test London Marathon Match-funding Music Café Pizza for boys (CP Charity Event) Purley Rotary Swimathon Silk Ties Sale Step Challenge Ziffit & Book Café ## **FINANCIAL REVIEW** ## **Reserves policy** The PFA retains circa £5,000 every financial year to cover expenses for the following year. The Reserves policy is reviewed annually after the end of the financial year and may be changed if appropriate. The current Policy was agreed by the PFA Committee at its meeting on the 7th of September 2018. ## **THANKS** The PFA Team Members are eternally grateful for the continuing support of Mr Nathan Cole, Head of Wilson's School. His inspiring leadership, dynamic enthusiasm and never-ending witty humour keeps our motivation levels high and inspires us, committee members, to do our best every day. We would also like to extend our thanks to all parents, school staff and the rest of the Wilsonian Community for their ongoing support. Their support and trust enables us to continue supporting Wilson's. We would like to express our appreciation to all our parent volunteers who kindly provide their services free of charge. They give their time and talents in many different ways to make the PFA a friendly and warm community. The time and effort given, to ensure that the PFA continues to raise funds, is also greatly appreciated. ## **FUTURE PLANS** The PFA Team would like to carry-on supporting Wilson's School and continue with their fundraising endeavours for the educational and social needs of the Wilson's pupils. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document and constitutes a charitable incorporated organisation (CIO). Page 2 ## **Wilson's Parents and Friends Association "PFA"** **Report of the Trustees for the Year Ended 31 August 2022** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Appointment of new trustees** The current trustees are as set out below. The Trustees shall retire from office at the AGM and are eligible for reappointment. All elected charity trustees must be a parent/legal guardian of a current student or an ex-student at Wilson's School at the time of the annual general meeting. (i) The limit specified in clause 12 (3)(c) on the number of elected charity trustees would not as a result be exceeded, and (ii) The charity trustees may only appoint a member of the CIO as an elected charity trustee who is parent/legal guardian of a current student or an ex-student at Wilson's School at the time of the appointment; and (iii) An elected charity trustee so appointed by the charity trustees shall retire in accordance with the provisions of sub-clause (a) at the start of the next annual general meeting. ## **Decision making** Any decision may be taken at a meeting of charity trustees by majority vote of those present provided that; (a) no disbursement of CIO funds to the School shall be authorised; and (b) no expenditure of sums totalling greater than £750 for the organisation and facilitating of CIO events shall be authorised. ## **Induction and training of new trustees** All newly appointed Trustees are encouraged to attend training with the FSI (The Foundation for Social Improvement) to familiarise themselves with the roles and responsibilities they have taken on of Trusteeship. Experienced Trustees offer additional time and support for one-to-one shadowing of roles as deemed necessary. ## **Key management remuneration** None of the Trustees received any remuneration or benefits. ## **Related parties** We currently have no direct or indirect financial links with any other organisation. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **GDPR** Wilson's PFA continues to adhere to a robust data protection policy to ensure GDPR compliance. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1172372 Page 3 Wllson's Paronts and Friends Assoclatlon "PFA" Report of th• Tru3ts•s for the Year Endod 31 August 2022 Principal address Wilson's School Mollison Drtve Wallington SU￿eY SM6 9JW Trusta•s D Chinnam P Jain N Guha Y Nagara (resigned 14.9.22) PYTam V Brajesh V Vinayagamo (appointed 9.3.221 A Ofokansi (appointed 9.3.22) Independent Ex•min¢r Pawley & Malyon 14 Austin Friar8 London EC2N 2HE Approved by order of the board of trustees on 25 January 2023 and s￿ned on its behaw by: N Guha - Trustee Page 4 ## **Independent Examiner's Report to the Trustees of Wilson's Parents and Friends Association "PFA"** ## **Independent examiner's report to the trustees of Wilson's Parents and Friends Association "PFA"** I report to the charity trustees on my examination of the accounts of Wilson's Parents and Friends Association "PFA" (the Trust) for the year ended 31 August 2022. ## **Responsibilities and basis of report** As the charity trustees of the Trust 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 Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do 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. D Malyon Pawley & Malyon 14 Austin Friars London EC2N 2HE 25 January 2023 Page 5 ## **Wilson's Parents and Friends Association "PFA"** ## **Statement of Financial Activities for the Year Ended 31 August 2022** |||**31/8/22**|**31/8/21**| |---|---|---|---| |||**Unrestricted**|**Total**| |||**fund**|**funds**| ||**Notes**|**£**|**£**| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||120|15,763| |**Charitable activities**|||| |Familiarisation tests||29,475|-| |Junior production||360|-| |Senior production||514|-| |Spring concert||45|-| |Summer concert||363|-| |Winter concert||231|-| |Purley Rotary Swimathon||1,050|-| |London Marathon||2,224|-| |Book Café & Ziffit||499|1,037| |Sunflower Competition||-|4,913| |Online quiz||-|1,609| |Miscellaneous activities||127|-| |Music Café||9,834|-| |Step Challenge||369|-| |**Total**||45,211|23,322| |**EXPENDITURE ON**|||| |Raising funds||645|569| |**Charitable activities**|||| |Familiarisation tests||4,475|-| |London Marathon||37|-| |Book Café & Ziffit||-|7| |Sunflower Competition||-|4| |Miscellaneous activities||2,373|559| |Ice cream for students and staff||-|578| |Step Challenge||6|-| |Grants||66,000|11,868| |**Total**||73,536|13,585| |**NET INCOME/(EXPENDITURE)**||(28,325)|9,737| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||58,286|48,549| The notes form part of these financial statements Page 6 ## **Wilson's Parents and Friends Association "PFA"** ## **Statement of Financial Activities for the Year Ended 31 August 2022** |||**31/8/22**|**31/8/21**| |---|---|---|---| |||**Unrestricted**|**Total**| |||**fund**|**funds**| ||**Notes**|**£**|**£**| |**TOTAL FUNDS CARRIED FORWARD**||29,961|58,286| The notes form part of these financial statements Page 7 Wilson's Parents and Friends Association "PFA" Balance Sheet 31 August 2022 3118122 3118121 Unrestricted Total fund funds Notes CURRENT ASSErs Cash al bank and in hand 32.440 58.286 CREDITORS Amounts falling due within one year {2.479) NET CURRENT ASSETS 58 288 TOTAL ASSETS LESS CURRENT LIABILITIES 29.961 58,286 NET ASSETS 29,961 FUNDS Unrestricied fund8 TOTAL FUNDS 29.961 58,286 The financial statements were approved by the Board of Trustees and authorised for issue on 25 January 2023 and were signed on tt8 behalf by. N Guha - Trustee P Jain- Trustee The notes fonn part of these financial statements Page 8 ## **Wilson's Parents and Friends Association "PFA"** **Notes to the Financial Statements for the Year Ended 31 August 2022** ## **1. Accounting policies** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Financial reporting standard 102 - reduced disclosure exemptions** The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': - the requirements of Section 7 Statement of Cash Flows; - the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); - the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A; - the requirement of paragraph 33.7. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds; it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Expenses are recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Page 9 continued... ## **Wilson's Parents and Friends Association "PFA"** **Notes to the Financial Statements - continued for the Year Ended 31 August 2022** ## **1. Accounting policies - continued** ## **Fund accounting** Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. Trustees' remuneration and benefits** There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021. ## **3. Comparatives for the statement of financial activities** |**Comparatives for the statement of financial activities**|| |---|---| ||**Unrestricted**| ||**fund**| ||**£**| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|15,763| |**Charitable activities**|| |Book Café & Ziffit|1,037| |Sunflower Competition|4,913| |Online quiz|1,609| |**Total**|23,322| |**EXPENDITURE ON**|| |Raising funds|569| |**Charitable activities**|| |Book Café & Ziffit|7| |Sunflower Competition|4| |Miscellaneous activities|559| |Ice cream for students and staff|578| |Grants|11,868| |**Total**|13,585| |**NET INCOME**|9,737| Page 10 continued... ## **Wilson's Parents and Friends Association "PFA"** **Notes to the Financial Statements - continued for the Year Ended 31 August 2022** |**3.**|**Comparatives for the statement of financial activities - continued**|**Comparatives for the statement of financial activities - continued**|**Comparatives for the statement of financial activities - continued**||| |---|---|---|---|---|---| ||||||**Unrestricted**| ||||||**fund**| ||||||**£**| ||**RECONCILIATION OF FUNDS**||||| ||Total funds brought forward||||48,549| ||**TOTAL FUNDS CARRIED**||||| ||**FORWARD**||||58,286| |**4.**|**Creditors: amounts falling due within one year**||||| ||||**31/8/22**||
**31/8/21**| |||||**£**|**£**| ||Other creditors|||2,479|-| |**5.**|**Movement in funds**||||| |||||**Net**|| ||||**movement**||
**At**| ||**At 1/9/21**||**in funds**||
**31/8/22**| |||**£**||**£**|**£**| ||**Unrestricted funds**||||| ||General fund|58,286|(28,325)||29,961| ||**TOTAL FUNDS**|58,286|(28,325)||29,961| ||Net movement in funds, included in the above are as follows:||||| ||**Incoming**||**Resources**||**Movement**| ||**resources**||**expended**||
**in funds**| |||**£**||**£**|**£**| ||**Unrestricted funds**||||| ||General fund|45,211|(73,536)||(28,325)| ||**TOTAL FUNDS**|45,211|(73,536)||(28,325)| Page 11 continued... ## **Wilson's Parents and Friends Association "PFA"** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2022** ## **5. Movement in funds - continued** ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Net**
**movement**
**At 1/9/20**
**in funds**
**£**
**£**
48,549
9,737
48,549
9,737|**At**
**31/8/21**
**£**
58,286
58,286| |---|---|---| Comparative net movement in funds, included in the above are as follows: ||**Incoming**|**Resources**|**Movement**| |---|---|---|---| ||**resources**|**expended**|**in funds**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |General fund|23,322|(13,585)|9,737| |**TOTAL FUNDS**|23,322|(13,585)|9,737| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Net**
**movement**
**At 1/9/20**
**in funds**
**£**
**£**
48,549
(18,588)
48,549
(18,588)|**At**
**31/8/22**
**£**
29,961
29,961| |---|---|---| Page 12 continued... ## **Wilson's Parents and Friends Association "PFA"** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2022** ## **5. Movement in funds - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||**Incoming**|**Resources**|**Movement**| |---|---|---|---| ||**resources**|**expended**|**in funds**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |General fund|68,533|(87,121)|(18,588)| |**TOTAL FUNDS**|68,533|(87,121)|(18,588)| ## **6. Related party disclosures** There were no related party transactions for the year ended 31 August 2022. Page 13 ## **Wilson's Parents and Friends Association "PFA"** ## **Detailed Statement of Financial Activities for the Year Ended 31 August 2022** ||**31/8/22**|**31/8/21**| |---|---|---| ||**£**|**£**| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|120|15,763| |**Charitable activities**||| |Fundraising events|45,091|7,559| |**Total incoming resources**|45,211|23,322| |**EXPENDITURE**||| |**Other activities**||| |Purchases|384|519| |Other prizes|261|50| ||645|569| |**Charitable activities**||| |Exam expenses|1,129|-| |Computer expenses|88|-| |Advertising|-|129| |DBS checks|244|-| ||1,461|129| |**Grants**||| |Donations to Wilson's School|66,000|11,868| |**Support costs**||| |**Management**||| |Bank charges|631|13| |Insurance|133|128| |Postage and stationery|-|6| |Refreshments|4,485|759| |Gifts|181|113| ||5,430|1,019| |Total resources expended|73,536|13,585| |**Net (expenditure)/income**|(28,325)|9,737| This page does not form part of the statutory financial statements Page 14