REGISTERED CHARITY NUMBER: 1172372 Report of the Trustee8 and Unaudltsd Flnanclal Stataments for the Year Ended 31 August 2024 for Wllson's Parent8 and Frlends Assoclatlon "PFA" Pawley & Malyon Salisbury House London EC2M 5SQ
Wilson's Parents and Friends Association "PFA- Contsnts ofthe Financial Statements for the Year Ended 31 August 2024 Page Report of the Truste?8 1 to 4 Independent Examln8rf8 Report Statsmont of Flnanclal A¢tlvltlo8 Balance Shoot Not•8 to the Flnanclal Statements 8 to 10 Detalled Statem8nt of Flnanclal Actlvltl88 11 to 12
Wllson's Parents and Friends Associatlon "PFA" Report of the Trustees for the Yoar Ended 31 August 2024 The trustees present their report with the financial statements of the charily for the year ended 31 August 2024. The trustees have adopted th8 provisions of Accounting and Reporting by Charities: Ststement 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) (eff6cUve 1 January 2019). OBJECTIVES AND ACTivrriES Objectlvos and alms Our Objectives are: To engage In activitles that support the school and thereby advance the education and well-being of the pupils. Provide and assist in the provislon of such facllltles or items for education at Ihe school as the Committee, In consultation wlth th• Head, shall from tlme to time determine. Our 81m is to continue supporting Wllson's School and to be rosourced predominantly by Wllsonian Parent volunteers. We s&ek to attract sufficient funds to meet our objectives and our financial reSerS target. Slgnlflcant actlvltles General charit8ble purposes Education l Tralning l Researth Secondary education Publlc benèfft The activltles that we carry out are described above. These activities are undertaken to meet our obiectives and aims 8nd to further our charitable purpos85 for the public benefit. In settlng and revlewlng our objectives arKI aims, and in plannSng and carrylng out our actlvities, we have due regard for the public benefit guSdanc8 published by the Charlly Commisslon. Wllson's PFA remalns commltted to supporting families in need by providing unllmited free access to Familiarlsation Tests for Ihose unable to afford the seats. Familie8 can apply for these places in confidence by,contactlng th8 PFA Team. In addition to this, Wilson's PFA also provldes free seats to those on the Wilson's School Outraach Programme. Grant maklng The maln and mosl imptant criteria are to support the edu(xtlonal and social needs of the Wllson's pupils by making grants to Wllson's School. ACHIEVEMENT AND PERFORMANCE Charltable aGtlvltles - Funded Sixth Fonn Leavers, buffet. - Funded ice-cream on Sports day for all Boys a1 Staff. Supported the roll-out of SMART Boards at Wilson's. Pag8 1
Wilson's Parents and Friends Association "PFA" Report of the Trustees for the Year Ended 31 August 2024 ACHIEVEMENT AND PERFORMANCE Fundralslng activitles Badminton Toumament Bar Refreshment Sales Famlllarlsation Tests London Marathon Cake Sales Matched Fundlng Table Tennis Tournament Wllsonian Sponsor Campaign Winter Raffl6 FINANCIAL REVIEW Reservès pollcy The PFA retalns clrca £5,000 every financial year to cover expénses for the followlng year. The Reserves Policy Is revlewed annually 8fter the end of the financial year ahd may be changed if appropri8t6. The current Policy w88 agreed by the PFA Committee at its meetlng on the 7th of Septembèr 2018. THANKS The PFA Team Members remain foreiier Indebted to Mr Nathan Cole, Head of Wilson's School, for his continued support. His exemplary leadership qualities, professionalism, kindness and insplralion continue to insplre all of us every day. We would also Ilke to extend our thanks to all parents, school staff and the rest of the Wilsonian Community for their ongolng support. Their support and trust enables us to contlnue supporting Wllson's. We would Ilke to axpress our appreciatlon to all our parent volunteers who kindly provide thelr services free of charge. They give their tlme and support 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 ralse funds, is also greatly appreciated. FUTURE PLANS The PFA Team would like to cary on supporting Wilson's School and continue with thelr fundraising endeavours for the educational and social needs of the Wilson's puplls. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Th8 charity is controlled by its goveming document and constitutes a charitable incorporated organlsatlon {ClO). Page 2
Wilson's Parents and Frlends Association "PFA" Report of the Trustees for the Year Ended 31 August 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Appointment of new trustees The current trustees are as set out below. The trustees shall retire from office al the AGM and are eligible for reappolntment. All elected charity trustees must be a parenvlegal guardlan of a current student or an ex-student at Wllson's School at the tlme of the annual general meeting. (i) The Ilmlt speclfied In dause 12 (3)(c) on the number of elected charity trustees would not as result be exceeded, and (li) The charity truste88 may only appoint 8 member of the CIO as an eleoted charity trustee who 16 parenvlegal guardian of 8 current student or an ax-stud8nt St Wilson's School at the time of the appointment; and (iii) An elected charlty trustee so appointed by the charity trustees shall retlre In accordance wlth the provisions of sub-clause (a) at the start of the next annual general meeting. Decl8lon maklng Any decision may be taken at a meetlng of Gharity tru8tses by majorlty vote of those presenl provlded that; (a) no disbursement of CIO funds to the school shall be auttK)rised,' and (b) no expenditure of sums totalllng greater than £750 for thg organisation and facllllating of CIO events shall be authorlsed. Inductlon and tralnlng ot naw truste88 All newly appointed Trustees are encouraged to famlllarise themselves with the roles and responslbllltles th@y have taken on of trusteeship. Experiencad trustees offer additional time and support for one-to-one shadowing of roles as degmed necessary. All new (and existing) trustees ar6 mandalorily raquired to be bank signatories and be actively involved with the financial and legal management of the charity. Tru8te88 must also have a clear overvlew of all ongoing events and daily charity operations. K•y management rgmuneratlon None of the trustees received any remuneratlon or benefits. Related partles We currently have no direct or indirect financial Ilnks with any other organlsatlon. Risk management The trust8es have a duty to Identify and review the risks to which the charlty Is exposed and to ensure appropriate controls are in place to provlde reasonable assurance against fraud and error. GDPR Wilson's PFA continues to adhere to a robust data protactlon policy to ensure GDPR compliance. REFERENCE AND ADMINISTRATIVE DEfAILS Registered Charity number 1172372 Page 3
Wilson's Parents and Friends Association "PFA" Report of the Trustees for the Year Ended 31 August 2024 Princlpal address Wilson's School Mollison Drive Wallington Surrey SM6 9JW Trustfres D Chinnam P Jain (reslgned 15.1.24) N Guha PYTam V Brajesh V Vlnayagamoorthy A Ofokansl T Patel (appointed 15.1.24) L Hannan (appolnted 15.1.24) Independenl Examlner Pawley & Malyon Salisbury House London EC2M 5SQ Approved by order of the board of trustees on ............................................. and signed on its behalf by: N Guha - Trustee Page 4
Independent Examiner's Report to the Trustees of Wllson's Parents and Friends Association "PFA" Independent examlnerfs report to the trustees of Wilson's Parents and Frfends Associatlon "PFA- I report to the charity trustees on my examination of the accounts of Wilson's Parents and Friend5 Association "PFA" (the Trust) for the year ended 31 August 2024. Responslbilitles and basls of report As the charity trustees of the Trust you are responslble for the preparation of the accounts In accordance wlth 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 Sectlon 145(5)(b) of the Act. Independent examlner's statement I have completed my examinatlon. I conflnn that no materlal matters have come to my attantlon In connectlon with the examlnation glvlng me cause to beliéve that In any material re8pect: accounting records were not kept In respect of the Trust as requlred by Sectlon 130 of the Act; or the accounls do not accord with those records; or the accounts do not comply with the applicable requlr6ments Ccerning the form and content of accounts s&t out in the Charitiès (Accounts and Reports) Re9ulatlons 2008 olher than any requlrement that the accounts give a true and falr view which is not a matter considered as part of an independent examinatlon. I have no concerns and have come across no oth8r matters in connection with thè examination to which attention shoukl be drawn in this report In order lo enable a proper understanding of the accounts to be reached. D Matyon Pawley & Malyon Sallsbury House London EC2M 5SQ Page S
Wilson's Parents and Friends Association "PFA" Statement of Flnanclal Actlvlties for the Year Ended 31 August 2024 3118124 3118123 Unrestricted Total fund fund8 INCOME AND ENDOWMENTS FROM Donations 10,420 11,917 Charltablo actlvltles Fundraising events 92,384 64,873 Total EXPENDITURE ON Charltable actlvltles Fundralslng events Grants 11,132 7,586 Total NET INCOME 22,690 42,736 RECONCILIATION OF FUNDS Total funds brought forward 72,697 29,961 TOTAL FUNDS CARRIED FORWARD Page 6
Wilson's Parents and Friends Association "PFA" Balance Sheet 31 August 2024 3118124 3118123 Unre5trict8d Total fund funds Notes CURRENT ASSETS Debtors Cash at bank and In hand 1,001 715 99.433 75,072 CREDITORS Amounts fallin9 due within one year (4,046) {2,375) NET CURRENT ASSErs 72,697 TOTALASSETS LESS CURRENT LIABILITIES 95,387 72.697 NET ASSETS 95,387 72,697 FUND5 Unre8tricted funds 95,387 TOTAL FUNDS 72.697 The fina cial tate ents were approved by the Board of Trustees and authorised for issue on and were slgned on Its behalf by: N Guha - Truste8 A Ofokansi - Trustee The notes form part of these financial statements Page 7
Wilson's Parents and Frlends Assoclation "PFA" Notes to the Financlal Statements for the Year Ended 31 August 2024 Accounting pollcles Basls of preparlng the flnanclal statements The fln8ncial statements of the charity, which is a publlc benefit éntity under FRS 102, have been prepared in accordance wlth the Charities SORP {FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financlal Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Flnanclal Reporting Stsndard appllcable in the UK and Republlc of Ireland, and the Charltles Act 2011. The financial statements have been prepared under the historical cost conventlon. Flnanclal reportlng standard 102 . reducèd dl8closur8 exomptlons The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'Th8 Financial Reportlng Standard appllcable In the UK and RepubllG of Ireland.: the requirements of S8Ction 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 r8qulrement of paragraph 33.7. Incoma All incomè is recognised In the Statement of Financial Actlvltles once the charity has entitlement to the fvnds; it is probable that the income will be received and the amount can be measured rellably. Exp•ndlturg Expenses are recognised as SO as Ihere Is a legal or constructlve obligation commlttiro the charity to that expenditure, It is probable Ihal a transfer of economlc benefits will be required in settlement and the amount of th8 obligation can be m8asured raliably. Exponditure 56 accounted for on an accruals basis and has been cla&sified under headlngs that aggregate all cost r8lated to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent wlth the use of resources. Taxatlon The charity Is exempt from tax on its charltable actlvities. Fund accounting Unrestricted fvnds can be used In accordance wlth the charitable objectives at the discretlon of the trustees. Reslricted funds can only be used for particular restricted purposes within the objects of Ihe charfty. R6Strictlons arise when speclfied by the donor or when funds are ralsed for partlcular restrlcted purposes. Page 8 continued...
Wllson's Parents and Frlends Association "PFA" Notes to the Financlal Statements - contlnued for the Year Ended 31 August 2024 Trustees. remuneration and beneflts There were no trustees, remuneration Dr other benefrts for the year ended 31 August 2024 nor for the year ended 31 August 2023. Tru8t8os' exponses There were no trustees, expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023. Comparative$ for the statemont of flnanclal actlvlll•s Unrestrlcted fund INCOME AND ENDOWMENTS FROM Donatlons 11,917 Charltable actlvlties Fundralsing ev&nls Total EXPENDITURE ON Charltable actlvltlos Fundr81sing events Grants 7,586 26.468 Total 34,054 NET INCOME 42,736 RECONCILIATION OF FUNDS Total funds brought forward 29,961 TOTAL FUNDS CARRIED FORWARD 72.697 Page g conlinued...
Wllson's Parents and Frfends Assoclatlon "PFA" Notos to the Financial Statements - contlnued for the Year Ended 31 August 2024 Debtors: amounts falllng due within one year 311B124 3118123 Prepayment8 1,001 715 Credltors.. amounts falllng due wllhln one year 3118124 3118123 Other creditor8 4,046 Movement In funds Net movement in fund8 At 3118124 At 119123 Unrestricted funds General fund 72,697 22,690 95,387 TOTAL FUNDS Net movement in funds, Included in the above are a8 follows: Incomlng R•sourc8s Movoment r8source8 expended In funds Unr8Strfcted funds General funcl 102,804 (80,114) 22,690 TOTAL FUNDS 102,850 80,114) 22,690 Related party dlsclosures There were no related party transactions for the year ended 31 August 2024. Page 10
Wilson's Parents and Friends Association "PFA" Detalled Statement of Financlal Actlvltles for the Year Ended 31 August 2024 3118124 3118123 INCOME Donatlons and lagacles Donations 10,420 11,917 Charftable activltles Familiarisation test Walking group London Marathon Cake sales Sunflower competilk)n Badminton toumament Sale of ties Summer social Winter raffle Bar sales Wilsonian Sponsor Table tennls toumament 66,275 470 7,566 5,195 52,751 6,277 1,669 141 1,115 275 4,180 105 1.711 2,144 4,093 645 92,384 2,081 64,873 Total Incomlng resourcè8 102,804 76,790 EXPENDITURE Charftable actlvltles Famillarisation test Walklng group Cake sales Badminton toumamant Summer social Winter raffle Bar salès Table tennls toumament 6,043 29 20 666 3,880 468 931 276 975 4,856 Page11 continuad... This page does not form part of the statutory financial statements
Wllson's Parents and Friends Association "PFA" Detalled Statement of Financial Actlvltles - continued for the Year Ended 31 August 2024 3118124 3118123 Other fundralslng costs Volunteer vests DBS checks Subscriptions Miscellaneous Bank tharges Insurance First aid Postage & 8tatlonery Volunteer refreshments Gifts 408 396 198 28 609 153 294 62 74 472 2,694 324 192 475 1,238 145 356 Grants Don8tions to Wilson's School Year 13 leavers, buffet Sports day ice•cream 67,000 1,200 782 25,000 1,200 268 Total rBBourc6s èxpended Net Income Page 12 Thi5 page does not form part of the statutory financial statements