FRIENDS OF SHOREHAM ACADEMY TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR TO 31ST AUGUST 2025 Regtstered Charity Number: 1181680 Registered Company Number.. CE016279 (England and Wales
FRIENDS OF SHOREHAM ACADEMY copirEKrs INDEX PAGE Trustees, Report siatement of Flnancial ActlvÈties 8alance Sheet Notes to the Financial Ststements Pa
FRIENDS OF SHOREHAM ACADEMY TRUSTEES, ANNUAL REPORT Members ofthe Mana ement Committee Trustee5 Trustees for the purpose of charity law, and who served durlt)g the period and up to the date of this report are.. Trustee Name Office if an Rosanne Hill Chair Katy Beadell Tim Harkins Treasurer Hayley Hill Jim Coupe Donna Churchill Other names charity 15 known by: FOSA Registered Charity No. 1181680 Address.. Shoreharn Academv Kingston Lane Shoreham by Sèa BN43 6Yr Page | 3
FRIENDS OF SHOREHAM ACADEMY Ob ertives and activities To posltively promote partnership5 and collaborations between the academy. parentslcarers and other members/busine55es within the local communtty, to enhance the education of the pupils at the academy. To support the academy in raising funds in support of all pupils and staff, in order that th have opportunities and experiences that enable them to be the best that they can be-academically and beyond. To aci a5 a liai50n between parentslcarers and the academy_on general school matters,. supporting policy and practice for the interest of staff. pupt15 and parents/carers. Main activities: Bin80 & Quiz Nights- open to all puplls. ex pupils and the local community. A small re*[hments stall was provlded and a raffle. Christrnas CrBft Market- accessing the expertise from local uafters including parentslcarers. In 8ddition. local food companies were invyted. and a perntAge of their profits was awarded to FOSA. All stall holder5 provided a small gift which was raffled. Various rnusic & drama productsons- open to all pupils. ex puplls and the local communtty- A busy Fefre5hment stall was at eath event. Easter raffle- chocolate pfizes were donated and tickets sold via parentP3y. Contribution byvolunteers: All colleagues. FOSA and widei community that contribute to the above act5Vtties offer their seTwces for free. No payment ¢5 made to any'volunteerf. The Chair and 5UPPOrting colleagues tend to offerforfree items that £ontribute- for example most provide free raffle prizes. Local busine55 and retail have Provided free raffle prizes. Achievement and erformance Main achievements: Bingo Night. Christma5 Craft Market. Quiz night Summary ot the main achievements- The current arrangement 15 that to acce55 monies raised through the above activities, colleague5 at the academy are required to submit a Request for Funds. All bids are considered during the academic year following the majority of FOSA activities. FOSA review the requests underthe followlnE prlnclpl To support the mental health and wellbeing of Staff and pupils. To support Eroups of learners that might be disadvantaged. To support individual and high-ri5k familie5 unable to acce55 full educational opportunities. Impact and 5UStainability- initiatives that have longlty and can enrich the environment. Page14
FRIENDS OF SHOREFL4M ACADEMY For 2024- 2025 awards Gateway building Football kit 6th form revamp Liteiacy intervention Forest School Games Financial review Reserves are part of FOSA unrestricted funds that are deemed freely available to spend on èny of the charity'5 purpose, with exelu5ion of restricted income and endowment funds. The Charitys principal source5 of funds are from a variety of events- craft market, bingo night and providing refreshrnents at school events. How expedItre has supported the key objectives of the charitv.. Developlng partnerships - the ciaft market involved partnerships with local businesses. The craft market Wa5 a connection with local crafter5 Using the academy as a venue to get together and share and sell their crafts thus 5UPPOrting local craftÈr5 network. Raising funds- these events allowed funds to be raised. From raffle Prizes to receiving an agreed % donation from all businesses that we were in partnership with. Contributing to policy and praCtI- the tot31 funds raised were discussed with the Principal and SLT long5ide other colleagues to identify where funds could be appropri3tely to support 5tud@nts and the AIPS. Investment policy.. The funds raised are not used for the purptsses of investment. Page | 5
FRLENDS OF SHOREHAM ACADEMY Signed on behalf of the charitrfs trustees Signature Full Name Rosanne Hill Posltlon: Chalr Oats IL Page16
FIUENDS OF SHOREHAM ACADEMY STATEMENT OF FINANCIAL A1vIr1E$ Ilncorporating Intome and expenditure account) FOR THE YEAR TO 31ST AUGUST 2025 NOTE Unrestilcted funds Restricted fund5 Total funds 2025 Total funds 2024 INCOMING RESOURCES Dtsnation and legacies Charitable activities Other trading activities Investment Income 37092 37.892 14,547 TOTAL INCOMING RESOURCES 37,892 37.892 14.547 RESOURCES EXPENDED Ralsing fund5 Charltèble actlvities Management and admlnlstration 2.901 44,366 249 2,901 44,366 249 3,505 3,499 396 TOTAL RESOURCES EXPENDED 47,516 47,516 7,400 NEf INCOMEIIEXPENDITUREI FOR THE YEAR 19,6241 19,6241 7,147 Transfer between funds MOVEMENT IN TOTAL FUNDS FOR TPtE YEAR 19,6241 19,6241 7,147 Total funds at I September 2024 15,453 15,453 8,306 FUNDS AT 31 AUGUST 2025 5,829 5.829 15,453 Page | 7
FRIENDS OF SHOREHAM ACADEMY BALANCE SHEEr AS AT 31ST AUGUST 2025 Notes Unrestricted funds Restrlct fund5 2025 Total 2024 Total FIXED ASSErs Tangible Assets CURRENT ASSETS Cash at Bank and in Hand Debtors Other Debtors and prepayments 11.469 11,469 17.288 11.469 11,469 17,288 CREDITORS: amounts falling due within one year 5.640 1,835 NETCURRENT ASS5 5,829 5,829 15,453 NET AS5Ers 5.829 5.829 ISA53 CHARITY FUNDS Unrestricted funds Restricted funds 5A29 15.453 TOTAL FUNDS 5,829 15,453 Page18
FRIENDS OF SHOREHAM ACADEMY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 I. ACCOUNTING POUCIES Basls of preparatlon of financlal statements The Financial Statements have been prepared in accordance with the Statement of Recommended Practice 'Accounting and Reportlng by Charltles. lupdate bulletin l applying FRS 1021 and the Charities Act 2011. They have been prepared on the historical cost convention, as modified to indude the revaluation of freehold property. Fund accountlng General funds are unrestricted funds which are available lor use at the discrelion of the Trusteès In furtherance of the general objectives of the charity and which have not been de518nated for other purposes. Incomln8 resour$ All in¢omln8 resources are included in the Statemeni of financial activities when the charity Is le8ally entltled to the income, and the amount can be quantified with reasonable atcuracv. Resources expended Expenditure Is reco8ni5ed when a liabillty Is Incurred. when there is a legal or constructlve obllgatlon committlng the charlty to the expenditure and the obli8atlon can be measured reliabty. Related Party Dlsc105ures During the year the chaflty made donatlons to School departments of Shoreham Acaderny, this year a total of £42,86612024 £3,498) was donated. NOTES TO THE FINANCIAL MOVEMENT IN FUNDS A5 at Net movement Transfers In funds between funds Asat 3118125 119124 Unrestri¢ted funds General fund 15.453 19.6241 5,829 Restrlded fund5 At 31st August 2025 15,453 19,6241 5.829 Page | 9