## _**THE GOOD SHEPHERD CATHOLIC PRIMARY SCHOOL FUND**_
**Annual Report & Financial Statements**
**For the year ended**
## **31 Aug 2024**
**Charity No 1172505**
## **ANNUAL REPORT & FINANCIAL STATEMENTS**
## FOR THE YEAR ENDED 31 AUG 2024
## **CONTENTS**
|Trustees’ Report ..............................................................................................................................|1 – 3|
|---|---|
|Independent Examiner’s Report .......................................................................................................|4|
|Statement of Receipts & Payments...................................................................................................|5|
|Statement of Assets & Liabilities ......................................................................................................|6|
|Notes to the Financial Statements.....................................................................................................|7 - 9|
## **TRUSTEES’ REPORT**
FOR THE YEAR ENDED 31 AUG 2024
The trustees present their report and financial statements together with the independent examiner’s report for the year ended 31 Aug 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Charity Name** The Good Shepherd Catholic Primary School Fund **Charity No** 1172505 **Contact Address** Mrs Imogen Lavelle The Good Shepherd RC Primary School 35 Gayford Road London W12 9BY **Website Address** goodshepherdrc.lbhf.sch.uk **Current Trustees** Catherine Goacher Chair Imogen Lavelle Treasurer Wesley Harcourt Trustee **Bankers** National Westminster Bank **Independent Examiner** Mark Hill ACMA Living Lightly Ltd 95 Bridge Lanes Hebden Bridge Halifax HX7 6AT
- 1 -
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 AUGUST 2024**
The trustees present their report and financial statements, together with the independent examiner’s report, for the year ended 31 August 2024.
## **Governing Document**
The charity is a charitable incorporated organisation (“CIO”) governed by its constitution dated 10 Apr 2017 and granted charitable status by the Charity Commission on that date.
## **Objects & Activities**
The objects of the charity are:
Providing outstanding additional supplies, resources, and activities for pupils as part of an extended curriculum. Offering advocacy, advice, and information to support the school community.
## **Achievements & Performance**
During the year, the fund has provided significant support to the school’s staffing and the extracurricular events. These events have had a measurable positive impact on the children’s overall performance and well-being, enhancing their confidence, teamwork, and creativity.
The charity’s support has also enabled specialist provision in Art, Music, Drama, and Sports, ensuring all children have access to high-quality experiences in these areas. This continued focus on holistic development has allowed pupils to excel, with many demonstrating exceptional skills and talents in these disciplines.
As a result of these initiatives, the school continues to perform significantly above the national average in end-of-keystage national tests, reflecting the charity’s ongoing contribution to academic and extracurricular excellence.
## **Future Plans**
The trustees aim to continue supporting the school in delivering exceptional educational opportunities and enriching the overall experience for its pupils. Potential uses of the school fund in the future include:
Improved Facilities and Resources:
Upgrading outdoor play and learning areas
Investing in state-of-the-art IT equipment, including interactive boards, tablets, and robotics kits, to support digital learning.
Well-being and Mental Health Support:
Funding therapy sessions, and well-being programs for pupils and staff.
Access to Specialist Teaching and Programs:
Expanding specialist-led lessons in modern foreign languages, performing arts, or competitive sports. Subsidising music lessons or instrument rental programs to ensure inclusivity.
The trustees will review these opportunities regularly to ensure alignment with the school’s goals and priorities.
- 2 -
FOR THE YEAR ENDED 31 AUG 2024
## **TRUSTEES’ REPORT**
## **FINANCIAL REVIEW**
## **Overview**
Income has come from membership subscriptions, and donations from individuals. Expenditure was minimal and comprised fixed cost items such as insurance and trustees expenses.
## **Summary of Receipts & Payments**
|all figures in £000s
Operating receipts
Operating payments
Net receipts/(payments) for the year
Balance|2024 2023
2022 2021
2020
145.8
129.6
125.3
73.8
90.1
(162.1)
(107.3)
(133.3)
(83.7)
(77.8)|
|---|---|
||(16.3)
22.3 (8.0)
(9.9)
12.3|
||8.5
24.8
2.5
10.6
20.5|
## **Reserves Policy**
Trustees consider that it is appropriate to hold minimal cash reserves to allow as much funding as possible for events. Reserves at the year-end, were £8.5k (2023: £24.8k).
This report was approved by the trustees on 27[th] February 2025 and signed on their behalf by:
## **Catherine Goacher**
Chair
- 3 -
## **INDEPENDENT EXAMINER’S REPORT**
FOR THE YEAR ENDED 31 AUG 2024
## **Independent Examiner's Report to the Trustees**
I report on the accounts of the charity for the year ended 31 Aug 2024, which are set out on pages 7 to 11.
## **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).
You are satisfied that the charity is not required by charity law to have its accounts audited and you have chosen to have an independent examination instead of an audit.
It is my responsibility to examine the accounts under section 145 of the Act. In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
Having completed by examination, I confirm that no matter came to my attention giving me cause to believe in any material respect:
- accounting records were not kept as required by section 130 of the Act; or
- the accounts do not accord with those records.
I confirm there are no other matters to which your attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Mark Hill, ACMA** 27[th] February 2025
- 4 -
## **STATEMENT OF RECEIPTS & PAYMENTS**
FOR THE YEAR ENDED 31 AUG 2024
|All Figures in £
Note
**Primary Purpose Trading**
**Charitable Trading Receipts**
Uniform income
5a
Event
5b-5h
Other income
**Total**
**Charitable Trading Payments**
Uniforms
6a
Clubs/Events
6b-6g
**Total**
**Surplus (Loss) on Primary Purpose Trading**
**Charitable Donations and Expenditure**
**Receipts**
Donations
7a-7f
Capital Funding
8a-8b
**Total**
**Payments**
School Counsellor
9
Curriculum Enrichment/ (Counsellors)
10
Capital Investment
11a-11d
Administration
12a-12q
Governance costs
13a-13b
Donations Made
14a-14b
Other costs
15
**Net receipts/(payments)**
Balance as at 01 Sept
**Balance as at 31 Aug**|Note||**2024**
2023
2022|
|---|---|---|---|
||||
**6,425**
29,976
3,627
**64,516**
36,760
26,385
**-**
-|
||||**70,941**
66,736
30,107
**5,488**
3,340
2,861
**38,434**
42,327
39,523|
||||**43,922**
45,668
42,384|
||||**27,019**
21,070
(12,277)|
||||**74,879**
62,815
95,145
**-**
2
-|
||||**74,879**
62,818
95,145|
||||**20,075**
28,305
18,870
**18,149**
18,404
12,612
**15,471**
9,131
-
**7,730**
4,764
3,454
**1,600**
1,000
1,000
**54,728**
-
54,997
**472**|
||||**118,225**
61,604
90,933|
|||||
||||**(16,326)**
22,282
(8,065)
**24,778**
2,496
10,561|
||||**8,452**
24,778
2,496|
All funds are unrestricted.
The above statement includes funds raised for other charities as shown in Note 14
The Notes on pages 7 to 9 form an integral part of these accounts.
- 5 -
## **STATEMENT OF ASSETS & LIABILITIES**
## AS AT 31 AUG 2024
|**Bank & cash Balances**
Bank current account
Bank deposit account
**Debtors**
**Liabilities**
Creditors: Accrued /unpaid Accounting
Creditors: Unpaid Shooting stars bill
**Funds**
Unrestricted Funds
|Note
**2024**
2023
2022|Note
**2024**
2023
2022|
|---|---|---|
||
|
**18,956**
31,460
3,496
**Nil**
Nil
Nil|
|||**18,956**
31,460
3,496|
|||**Nil Nil Nil**
(**1,550)**(2,000) (1,000)
**(8,954)**(4,682) Nil
**8,452**24,778 2,496|
## All funds are unrestricted.
The Notes on pages 7 to 9 form an integral part of these accounts.
These accounts were approved by the trustees on 27[th] February 2025 and signed on their behalf by:
## **Catherine Goacher**
Chair
- 6 -
FOR THE YEAR ENDED 31 AUG 2024
## **NOTES TO THE FINANCIAL STATEMENTS**
## **1. Basis of Preparation**
These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities Act 2011.
## **2. Fund Accounting**
- (a) Unrestricted funds are those that can be expended at the discretion of the trustees in the furtherance of the objects of the charity.
- (b) Restricted funds are those that may only be used for specific purposes. Restrictions arise when specified by the donor, or when funds are raised for specific purposes.
Currently all of the charity’s funds are unrestricted.
## **3. Taxation**
- (a) The charity is not liable to corporation tax nor capital gains tax on its charitable activities.
- (b) The charity is not registered for VAT; thus all costs are shown inclusive of VAT charged.
## **4. Trustee / Related Parties expenses and remuneration**
- (a) There were no related party transactions to report this year.
- (b) No remuneration was paid to trustees during the year or in the previous year.
- (c) The charity's insurance policy includes trustee indemnity insurance cover for all of its trustees. (d) There were no expenses paid to trustees this year.
## **5. Trading Receipts**
|All Figures in £
5(a) Uniform Income
5(b) Sports + Music Clubs / School Trip
5(c) Ball Tickets
5(d) Other Events
Other income
**6.**
**Primary purpose trading Payments**
6(a) Uniform Payments
6(b) Premises Costs
6(c) School Trips
6(d) Sports and Music Clubs
6(e) Food
6(f) School Ball
6(g) Other events
**SURPLUS on Primary Purpose Trading**|**2024**
2023
2022|
|---|---|
||**6,425**
29,796
3,627
**59,018**
36,314
22,383
**5,498**
1
4,002
**-**1
-
**-**
(5)
95|
||**70,941**
66,736
30,107|
|||
||
**5,488**
3,340
2,861
**-**
395 -
**-**
-
1,459
**22,665**
29,865 24,431
**714**
485
785
**10,920**
10,003
9,615
**4,135**
1,580
3,232|
||**43,922**
45,668 42,384|
||**27,019**
**21,068(12,277)**|
- 7-
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 AUG 2024
|**11.**
**Capital Investment**
11(a) Playground
11(b) Class Room
11(c) Other Capital Investment
11(d) Other Equipment incl. Air-condition
**7.**
**Donations**
7(a) Charity Trust
7(b) Easy fundraising
7(c) Individual Contributions
7(d) Large Private donations (over £3k)
7(e) Gift Aid
7(f) Onward Donations
Donations income includes onward donations made of
**8.**
**Devolved Capital Funding**
There was no Devolved Capital Funding this year.
**9.**
**School Counselling for Pupils**
9(a) School Counsellor
**10.**
**Curriculum Enrichment**
10(a) Curriculum enrichment|**2024**|**2024**
20232022
**1,008**
1,821
-
**274**4,356 6,902
**39,948**
35,117 29,000
**16,500**
14,275 59,243
**12,354**
7,245 -
**4,795**1 -
**74,879**
**62,815 95,145**
-
- 2,650
**20,075**28,305 18,870|
|---|---|---|
|||**20,075**28,30518,870|
|||**18,149**
18,404 12,612|
|||~~**-**~~
**18,149**18,404 12,612|
|||2023
2022
2021|
||
**4,300**
**9,311**
**92**
**1,768**|-
-
-
-
-
-
1,818
-
-
9,131
-
-|
||**15,471**|9,131
-
1,818|
- 8
## **NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 AUG 2024
## **12. Welfare Services for staff**
|All Figures in £
12(b) Welfare Work for staff
12(c) Teaching Materials (additional)
12(i) Postage & delivery
12(j) Office Supplies
12(p) Bank charges
12(q) Diocesan Administration
Other
**13.**
**Governance costs**
13(a) Trustees' travel expenses
13(b) Independent examiner's fee
**14.**
**Donations Made**
14(a) Donations to the School itself
14(b) Donations to other charities
**15.**
**Other Costs**
15 Other costs|**2024**
2023
2022
**50**2,856 741
**6,862**
- -
**430**
-
395
**-**
-
136
**-** 1 374
**204** 1,680 1,544
**184**227 264
**7,730**
4,764 3,454
**Nil**
Nil
Nil
**1,550**
1,000 1,000|
|---|---|
||**1,550**
1,000 1,000|
||**48,500**
-
52,347
**6,228**
-
2,650
**54,728**
- 54,997
**472 -**
-|
||**472**
-
-|
- 9 -