POLSKA SZKOLA SOBOTNIA IM. HETMANA KAROLA CHODKIEWICZA POD PATRONATEM SWIETEGO IANA PAWLA 11 (Polish Saturday School) Trustees, Report and Financial Statements For the Year Ended 31 July 2024
Polish Saturday School Trustees Report and Financial Statements For the Year Ended 31 luly 2024 Charity Name and Address Polska Szkola Sobotnia im. Hetmana Karola Chodkiewicza Pod Patronatem Swietego Jana Pawla11 Polish Comtllunity Centre, 6 Oliver Grove, London. SE25 6EI Known as: "Polish Saturday School" Charity Number 1180525 (Registered on 2nd November 2018) Trustees B Wolnik K Ciesielska A Kozak l Rnglaniec L Pachole¢ A leruc Kopec M Kondracki B Trzebiatowska Independent Person appointed to Review Accounts Malgorzata Grubarek MAAT 56 Cuthbert Gardens Lt)ndon SE25 6SS Structure, Governance and Management The Charity comprises those assets and funds held by and on behalf of the Polish Saturday School. 1'he Trustees are those metnbers of the Charity, qualified to serve a5 trustees. appointed at the Annual General Meeting of the Polish Saturday SLhool, to act in accordance with the procedures for the time being laid down by the aforementioned Annual General Meeting. Objectives and Achievements The objects of the Charity are for the public benefit to advance education," and to provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth. age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. The Charity aims to carry out these activities in London and such other places in the United Kingdom as the Charity Trustees may from time to time determine and for the benefit of the Polish community and those interested in or associated with it.
Polish Saturday School Flnancial Revlew: The Financial Statements have been prepared in accordance with the accounting policies set oul in note I to the accounts and comply with the Charities Act 2011 and the"Accounting and Reporting by Charities; Statement of Recomtnended Practice applitable to charities preparinE iheir accounts in accordance with the Financial Reporting Standard in the United Kingdom and Republic ol Ireland published on 16th luly 2014" (the Charity SORP). Reserves Policy The Balante Sheet on page 4 shows the Charity Funds totalling £31,729 at 31%iluly 2024, [£28,757 al 31,, luly 2023) The Trustees review the policy annually and they consider that the Unrestricted Funds which total £ 3 1,729, and comprise the entire funds of the charity as at 3151luly 2024, are sufficient for the objectives and activities of the Charity. Trustees. Expenses and Remuneration The trustees did not receive any expenses or remuneration for their services as Trustees in the current year. This reportwas approved by the Trustees on 29 11. 21*and signed on their behalfby:
POLISH SATURDAY SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 Note Funds 2024 2023 Income Grants recived Tuition fees Book sales Outings and activitie5 Noles 1-5 5,774 51,316 5,021 6.379 68.490 57,696 5,426 4,706 67,828 Totsl Expenditure Student tuition School running costs Books supplied Outings and actrvities Legal & Professional fees Other expenses Noltrs 6-10 40.490 6,668 4,530 6.220 4,953 2.657 65,518 41,245 8,363 4,917 5,949 4,587 2,100 67.161 Total Profitl(Deficit) for the Year 2,972 667 Income Received from the Polish Catholic Church 2,972 667 Found balances at 1 August 2023 28.090 28,090 Found balances at 31 July 2024 31,062 28,757 The statement of financial activities includes all gains and losses recognised in the year. All inbome and expenditure derive from continuing activities
POLISH SATURDAY SCHOOL BALANCE SHEET AS AT 31 JULY 2024 Note 2024 2023 Fixed Assets Tangible Assets Current Assets Debtors Cash al bank and in hand 357 38,802 39,159 2,545 35.388 37,932 Current Liabilities Deferred income Sundry creditors Less prepaid expenses 16,8301 16001 18,5751 16001 17,4301 19,1751 Net Current AssetslLlabilities 31,729 28,757 Net Assets 31,729 28,757 Total Funds of the Charity Unrestricted Income Found Founds as al 1 August 2023 Profil for the year ended 31 July 2024 11bl 28,757 2,972 28,090 667 31,729 28,757 The fillancial statements wer¢ approved by the Trustees on ..29....1.1: gcU9...... Trustee
Polish Saturday School Notes to the Statement of Financial Activities For the Year Ended 31stJuly 2024 l. Accounting Policie5 (a) Basis of preparatlon and assessment of golng concern The trustees confirm that.. The Financial Statements 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 Financial Statements 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 IIK and Republic of Ireland, (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland, {FRS 102), and the Charitie5 Act 2011 and UK Generally Accepted Practice as it applies fmm Isl lanuary 2019. The Charity constitutes a publi¢ benefit entity as defined by FRS 102 The trustees consider that there are no Inaterial uncertainties about the Charity s ability to continue as a going concern. (b) Fund Accountlng The Unrestricted funds are available for use at the dibcretion of the Pulish Saturday School in furtherance of its charitable objectives. {c) Income All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably. (d) Expendlture Liabilitie5 are recognised as expenditure as soon as there is a legal or construttive obligation committing the Charity to that expenditure, and it is probable that settlement will be required and the amount of the obligation can be measured reliably. (e) Taxatlon The Charity is an excepted charity within the meaning of the. Taxes Acts. Accordingly, it is potentially exempt from taxation in respect of income and capital gains received to the extent that suth income or gains are applied to exclusively charitable purposes. No provision for taxation has been made in these Financial Ststements.
Polish Saturday School Notes to the Statement of Financial activities - continued For the Year Ended 31stJuly 2024 2. Voluntary Income This comprises donations received to go towards meeting the cost of certain outing5 and activities provided by the charity. 3. Tultlon Fees Tuition fees are charged to meet the cosl of providing Friday and Saturday School iuition and activities for the young people who attend. 4. Book Sales This income arises from the sale of textbooks and other material for use by the students. 5. Outlngs and Actlvltles Income in this category helps to meet the cost of certain outings and activities. 6. Student Tufitlon Costs These are the costs of teachers and teachers, assistants who provide tuition at the Friday and Saturday School 2024 2023 7. School Running Costs Rent of premises Redecorating Premises Cleaning Insurance School Supplies Advertising Training £3,540 £J,615 £69 £1,087 £326 £29 £3,705 £2,315 £1,632 £642 £69 £6.668 £8,363 8. Oudngs and Actlvltles School outings Other school activities £6,220 £5,949 £6,220 £5.949 9. Professional Fees These represent the costs incurred in complying with all statutory regulations and requirements. 10. Other Expenses Costs in this category will include the cost of first aid and fire saFety training if carried out.
- Current Liabilities Income received in advance relates to fees received for tuition to be carried out in the following year. Sundry Creditors represent accruals for professional fees payable and school running costs. Independent Examlner's Report I report to the Trustees on my examination of the Financial Statements of the Polish Saturday School. "(the Trust"). Charity number 1180525. for the year ended 31%t luly 2024 which are set out on pages I to 6. Responslbllltles and Basis of Report As the Charity's Trustees, you are responsible for the preparation of the accounts in accordance the requiretnents of the Charities Act 2011 (the Actj. I report in respect of my examination of the Trust's accounts carried under section 145 of the 2011 Act and in carrying out my examination I have followed all the dpplicable Direction5 given by the Charity Commission under section 145[5)(b) of the Art. Independent Examinerfs Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in any material respect.. the accounting records were not kept in accordance with Section 130 of the Charities ACL or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements concerning the form and contellt of the 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. Mal8orzats Grubarek MAAT 56 Cuthbert Gardens London SE25 6SS Dated.. 2%. i).Z9L