Chxrfty registration nllnjbcr 1181738 PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
PARENTS, ASSOCIATIOIN OF THE MIKOLAJ REJ POLISH SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Trn$tees E Piera P Bjelak M Dembek M Kill A Kusi&k A Pa¢zes M Napiotkowska B Redes1o.1cZ Lziolkowska (Appointed 19 November 20221 (Appoiiited 19 Nov¢mbeT 20221 (Appointed 15 Mar¢h ?0231 (Appointed 15 Febtuary ?0241 Ch$rlry Dumber Priii¢ipal addros5 238.246 knng Slrttl Hainmersmith London W6 OIiF Independent exAmiller Darrejj HardingACA FCCA DCkn4 Richard Pldce Dobson Services Limitcd 1-7 Station Road Crawley West Su$5ex RHIO IFrr
PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL TRUSTEES, RKPORT FOR THE YEAR ENDED 31 AUGusf21123 ie Inle¢S present their annual report and financial 5tgitmenlS for Ili¢ y¥dr ended 31 Augu4t 2023. ie finaneial sliileiiienls liave been prepaied in 8ecordan¢e wilh Elie Rccotsrtling policies set out in note I to lh¢ financial StatemeIS aiid comply with ihe chariry's wnstituiion, Ihe Charities Aci 2011 and 'Accouniiiig aiid Reporting by Charities.. Statcmertl of Recommendcd Priiclice 1ipplicabl¢ i[1 rharilies preparin¥ their aLYuunts in acLord1£ neo with Ihe Finan¢ial Rcporting StaTthrd applicable in lh¢ UK Republic of Irtland IFRS 1021 l¢ffective l Janiiary 20191 Objoctii'e5 2nd llctiiities Objccliios •]Jd alm5 The objects of ihL' CIO are lo advJn¢¢ ¥nd fiirtlier education for Ihe piiblic benefil in Ihe Polish language, culMr¢. tEligio Providing a $iipplemeiit8ry schiM)l. Mikoliij rej Polish S¢lioDI, leachin8 the Po115h language. history and geography OrynisiD¥ educational 1p5 forpupils allending th¢ school. The Inisicis havr paid due regard to ¥uiaance issued by the Charity Commi5510n in deciding what aciiviiies th¢ charity Sl8nificAnt activitle$ The Mikolcij Rej Polish School is a siipplemeniary school and op¢rales iE cross 32 Saiiirday5 A year teaching fhe Polish langullg¢. Polish history and ¥ev¥Trapliy. Childreii £llso l¢dtn about Polish Culiure. They ati¢nd from Niirsery iintil yeill. 12 IfTOlli rhe age of 3 10 171, Ilie h0o] preparos pupils to sit GCSE and A, Level in Poli511. Tlie scliool is based in Clii$wick. The S¢hool a150 undertDk¢s fund taising activities io finance an ellriLhtd riirriLiilLllii aiid &iliviiie5 ie school r¢lies heavily on rent volunieets lo help with playground duties, fundraisin8 activities athd staffing events. Arliicvcments and pertorJnan¢e In Sepiemb¢r 2022 the school org&ni5cd a li.ip lo WarsJW for 18 pupils from GCSE idA'L£vel classes. Thi5 trip supplemenied their lettming for these exam& The visits ii)clude illiponllnt agpe¢ts of Polisli lii%tDry in partieular the Jewish LnnectiOn, thc S¢iond World War and lh¢ ScTrlidarity Illi)VCnienl. Acknowledgijig ihL chJn¥iTr¥ deniographi¢b ¢)f the Polish ComTnunity. the SehDoI coniiijued with Polish kssons for adult.% for on-POlish P&T¢ntOpartners of Polish paTellts ofcliildr¢n #llendiiig ilie scliool. The school has also coniinuLd ut7iYiiig a free Pareni aiiJ Tixtdler gioup for cliildren undcr Ihe age of Ilirce. This hclp5 yoiing children iviih thvir 50Cl&il develupmeni and helps d¢velup a siipport groiip for Ilie par¢nts. The school was able to organisc a slrect party by Ihc Si Alldre Bobola Churcli iji (Trrdtr lo raise funds bul tnore importantly tL) show case Polish CulNre. Highliglilg inclllded Sikorski Museum. Tatry Folk D¥n¢ing troupe. Polish fiyid and Polisli musiL. inanei81 r1¢ Tlie School'% Financial policy tg tts hold cnoiigh money in re$eTve to be ablo 10 run ihe sehool for a >cDr should there be any probleills ilith fiiiJDLin¥. The school has rtol mallaged to gain ils pre-pandettiT¢ nuinber of pupils, Tneaniiig tliai incurne reJiiL¢d. Effor wL'Fe tllade access vurioii¥ fiinds and t¢acher$' pay was nol raised lor 3 seconLI yeai running. The school m&rta¥cd lo hold orrdn InrrCc in fces utilil ilie ihir(I lenn. The trusttts assessed the major risks 10 whiEh the chaiiiy is ¢XPDscd lo art saii¥fjed Ibai sysiems ui pla¢¢ 10 miligal¢ page I
PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL CONTENTS Pllge Trustees report Indendent examine¢$ report Sia*ment of financial aclivilies Balance sh¢et Notes 10 Ibe Fth2nci&l sle]eI& 6- 13
PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2023 Strueture. governAnco and maa¥Cent mie cliArity'g %trnlegic nian3gcinenl is carried out by the Trust$ together with the li¢#d teacher. The Trustees employ the he&d teacher, dcputy head, teachers and classrooin assislanls lo deliver the riLh cutriculum. Adrninistratike straft'lincluding Socteiy (Poltska Macierz Szkolnal and shares infotmolion about th¢ adniinistrniiort aiid ninninB of a Polish school with other similar schools in London. The charity a150 ivork.£ with lh¢ Polish ScouiingA5socialion, and the Sl. Andrew Bobola Roman Catholi¢ ChuTCh. DuriDg the p2nd¢nuc. Ibe Parenis, Cornrnillee pari of Ihc 8chool diminished ¥reatly. Ii h#s laken while for the of this ini'aluable group ofpar¢n15 to build up again. Tliis year Inore parents joined this group and l¢ad on a nuThber of fund-rdising Charity constituti& Tlie Con£tiluEion does not alloiv o parent to Ee a metnberof IlicAss0¢ialion if they do not have a child in the school Cvn5equently. Kinga Kosterska had to step down 8.£ 4 Tnisiee and Chair al the end of Augusi 20?2. Einilia Piera will act as Chair iiiiiil IheAGM in November 2025 when the next Chatr will be voted on. The tnisteE5 who scCd during the yearnnd up lo the dc1 le ofsi¥naliire of the finaniial statements wete.. E Pien P Bic12k M D¢rnbck J Dncel¢Z MKUI LZiulkow5ka A Kiisiak K K051erska M Kozber A Paczes M Napiorkowska D Wisllieiyski B Redestowi¢z L Zioikowska IResigned 19 November 20221 IR¢si¥ncd 19 Nov¢mb¢T 20221 (Resied 12 Noi'ember 20231 (Resigned 21 May ?0231 IAppointed 19 Nvv¢rnber20221 IAppointed 19 Novcmber 20221 (Appoinied 19 Nvvcmber 2022 and resigiied 4 May 20241 (Apwinied 15 March ?O?Jl IApFx>inEed 15 F¢bruary ?0241 The [rlee$, ieport was &pproved by the Board ofTnislees. A Ku$1k Tru51ee Daied. <.4... oK:.202 4 page 2
PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL repiri lo Ilie irtlSLees oli my exainination ol. the financial statetnents of Parents, Associaiion ol the Mikolaj Rej Polish School Iihe charity) fDI th¥ yl'ar ¢nded 31 Au¥¥isi 2023. Responslbllities and b#$is Df report As ihe Iru51¢e% of Ilie charity you are responsible for the preparation of the fin3ncial $12tement5 in arcDrdan¢e with th¢ requiremeiiis ol'lhc Chariiits ACL 2011 Ith¢ 2011 Act). I report Tn r¢specl of my examination of the charity's finanLial siaieinents carried oui under seclioii 145 ofthe 2011 Act. In i¥Trying out niy examinaiion I havE followed 811 Ilie appli¢)blc Directions gtvon by the Chatity ConuJ]ission under s¢cIioD 14515llbl of the2011 Ati. Independcnl ExamlTher'5 StlerneAt Yi)ur Aiieiilion is drAWn to Ilie tacl that Ihc charity has prepared financial siat¢ments in a¢cordattce with Accoiinling and Reporting by Chariiies piepariii¥ tlieir accoun15 in y¢¢ordance with th¢ FinaDeial Rewrting Standard applicJble In the UK aiid Republic of Ireland IFRS 10?) in preference lo th¢ Accounting and Kcporting by Chanlits. Statement of Reeomineiidcd Pra¢tice issued on l April ?005 which is refeed to iii the extsttt regulations but has now beeii iyiihdraivii. I IindersiJnd this hos been done OTder for finaiicial sla*m¢nLS io piovide a ttue and faiE view in a¢cord&nce with G¢nerallyAcceptcdAeeounting PJxcli¢e effective foi ieporting periods begiDning on or after l J#nuary 2015. I hav¢ eompleled my examination. l ¢onfirm that no rnaiiers have comc 10 my attention in connection with the exainiiialion giving Me cause to beli¢ve Ihllr in any material re5pecl'. ccounlin¥ r¢cords were not kept in respecl ofihe ehariiy as requirrd by s¢ction 130 of th¢ 2011 Act. or the fJnan¢ial siatemenis do noi accord wilh IhD5¢ re¢ords', or tlie financial $tateinenls do not ¢¢)mply willi Ihc applicable requirements LU)ncerning Ihe form and conl¢Dt of Dccoiinls sei out in the Cliariiies IAccoiinlS and Reports) Re8iilAiioiis 2008 oiher Ihan any requiretn¢nt tkns the I have ¢otterns and have come Across no oiher mallers in conne¢tion With the 41n&t10n lo whTr¢h atteniion should br drawn iii Illi5 trport in order to Enabl¢ a proper ldendIng of ihe fiDanciJl ststemenls lo bc w¢h¢d. Darren H2rdiDgACA FCCA DChA Ricliard PlJ¢e Dobson SeTVi¢E$ Limited 1.7 Slalion Road Crawley West Sussex RJIIO IHT Daled,. 28 May 2024 pagc 3
PARENTS, ASSOCIATION OFTHE MIKOLAJ REJ POLISH SCHOOL STATEMEror OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE TrEAR ENDED 31 AUGUST2023 Vnrestrlcted Unresiricied funds OJThJs 2023 2022 8.230 12.543 Chtyritsbl¢ wi11¢$ Other tyadirJgxiivili¢s ltsvesim¢nis Other in¢ome 983 40 350 Totthl Income 141,935 endll Raisin¥ funds 7,101 Charithbl¢ activities 146,580 144,935 T11 re5011rce5 expended 14A.37¥ Nel expendllure for tbt vearl ti m•wem¢ni In lunds {11.7461 {6.J98) Fund h1141 I September 2022 76.717 Vund bAl•n¢u at 31 August 2[123 64,971 76,717 The si•i¢meni of financial activiiies includes llll 8ain5 and 14)5ses reco8nis¢d in th¢ year. The stsiemeni of finaJxs•l acti¢$ Rains i(6sts wi%d in the ye4r.All Mome ij exFyJitttye fom ¢ontinuin8 aciivitics. pa8e 4
PARENTS' ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL
BALANCE SHEET
AS AT 31 AUGUST 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets | 14 | 1,939 | 1,717 | ||
| Current assets | |||||
| Debtors | 15 | 290 | 267 | ||
| Cash at bank and in hand | 115,988 | 125,976 | |||
| 116,278 | 126,243 | ||||
| Creditors: amounts falling due within one | |||||
| year | 16 | (33,148) | (32,688) | ||
| Net current assets | 83,130 | 93,555 | |||
| Total assets less current liabilities | 85,069 | 95,272 | |||
| Deferred income | 17 | (20,098) | (18,555) | ||
| Net assets | 64,971 | 76,717 | |||
| - - - | |||||
| Income funds | |||||
| Unrestricted funds | 64,971 | 76,717 | |||
| 64,971 | 76,717 |
The financial statements were approved by the Trustees on 24 May 2024 .
A Kusiak Trustee
page[5 ]
PARENTS'ASSOCIATION OFTHE MIKOLAJ REJ POLISH SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2023 AcCoutIng policies Cbarity informatlon Parenls'AssociatioJJ of the Mikol#j Rej Poli¥h School is a ehariillble incorporated or¥anisalion. 1.1 Ac£ountiTrg convontio The finalIllI sillicments hav¢ b¢en prepared in accordDnce with the charills consiiiuiion, the Cliarilies Aci 2n1 i and 'Accounling and Reporting by Ch£iriiies'. StalLnL of RecommLnJ¢J Praclicc Iipplicable to charilics prcpnring iheii 2C¢OUlJls IJJ a¢¢DtdanLe wilh Ibe FanCIal Reponin8 Standard appIlbI¢ in Ihe UK and Republic ollreland IFRS 10?) leffeciive l January 2Q191 The cliariry Is a Pub11c Benefit Entity as defined by FRS 10? Th¢ chwiiy has iakcn advaniage of the provisions in th¢ SORP for ¢hAriii¢s applying FRS 102 Upd8ie Biillctin I noi to prepare a Statement of Cash blows. The filncial staiemell ha¢ d¢'pJrted flo the Charities IA¢coiinls and Reporsi kcgulalions 2008 only iv Ihc cxiei?I requiied lo provide a trne and fair vicw 1.his departurc has involv¢d following ihe Siaten)cnt of Recommended Practice f(Trr ¢liaritics applying FRS 10? riE Ilier iliaIi tlie version of the Statement of Reconimended Practice whieh is fe[Ted lo in the Regulaiitsns bul whiLh 5111ce been wiihdrawn. The financial stai¢m¢ni$ are prepared in sterling, which is the futKlional currency of the charity. Monetary amounts in 1.2 ClIAritgblo funds Unrestricted fndS are available for usc al the discretion of thc Irusiees iii furth¢rnncc of their chaniable objectives. 1.3 Inco]nt Incotlle 15 recogiiised wlien tlie eharity is l¢¥lly eniitled lo it )fier any performan¢¢ eondilions have been m. the amollntg can be tneasured reliEibly. aiid Jt is probablo that income will k re¢trjvcd. Casli donation5 are Iecognised on re¢eipt Other donations are recolSed once th¢ ¢hirity has beell notified of the donaiion, unless perfortnance condiiions requiro d¢fcTtal Df the nOunt. Shop and fiindraising income are r¢¢ogni$ed when Ilie Ineome is re¢eived. SchiM)I fee5 and lexl book Inconie are re¢ognts¢LI in lh¢ period lo which they teiale. Ally fees r¢¢eived in advaTrce will be 1.4 Expenditure is prvbJbl¢ thal a IiJnsfEr of ecolloiiiic knefiis will bi ruiiiired in seiil¢menl. and ihe Amount of iht ubligaltoll can b¢ measured reliabl r.xpvlldiiure is classified by activity. The Cosis iil'cach aciivily arL' made lip of the iotal ofJirL*I Losis and ShOrL ¢wi5. directly lo thai activity. Shared C0$15 Ivhich coiilnbule to morc Ilian one aeijvily and suppon costs wljich are not allribulable lo a single aciivity are apportioned b¢tweLlli Iliose actlvllies on a basis consistttti with the use of resour¢¢s. Ceniral costs are alloLal¥d on the basis of tim¢ sp¢nl, and depreciaiion charges are allDeat¢d on thc wrfion of le Resources expended Jie accounted for on an acctNals basis as a liability 1$ incurred. Cliariiable expendiiiir¢ ¢ompris¢s Ihose cus15 incurred by ihe ¢harity in th¢ d¢lTvery of its acliyiiies And services for it$ beneficiaries. page 6
PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 A UGUST 2023 Accounith8 p(kbeie5 IcfjDtiJJuedl 1.5 Tll8]ble lixed as5els Tangible fixed Jssets Dre illitially m¢a$iii'ed al cosl and subs¢qucntly me47sured ai cost or vBlualioD, nei of depiecialio alld any impaittnent Itsses. Deprecialion is reeognised SD a5 to write oft ihe cost Dr valuatiott of a5$els less their residual vAlues over Iheir useful lives on lh¢ following ba5V5-. Fixwres and fillings Compuiers 21f/o Straight Linc 33Yp Strniglit Line 1.0 Impairtlleut of flxed assets At each ieporting end dale, Ihe chariiy Trviews the carrying #muuttts of its tangible a55cl$ io determine whether th¢rc is aDy indication that those a55eis have siiffered an itDpairm¢nt loss. If ally such inJi¢atiott exisls, Ihe rerov¢r2ble amoiiiil or ie asset is eslilliaied in orderto determine the ¢Kient of the impaitrntnt loss lif Anyl. 1.7 Financial instrument5 The charity ¢le¢iid to apply the provistons of SeLtion 11 'Basie Finaiicial Instrum¢nt5' and Section 12 '0ther Financial Instrnttients Issiies'of FRS 102 to oll of 11$ financial instruments. Financial insknments are recognised in the charity's balanct sheet when the charity be¢ames party to th¢ ¢onirnctlll prov15ions of tlie insininKnt. Financial assets liabilities aTe offset, wirh Ibe Tr¥1 amollnrs preseiiied in the financial StateCli15, wh¢n there is B legally inf¢rceable right to 5Ct off Ihc recogni5ed amowit5 and there is an intention to settle on a b2$is or lo realise the 9sset a[ sett]e the liability siiniillaneou$ly. Basi¢ fsnancial assets, whi¢h include debtOTS and cash and bank balances, are measured al Iran5a¢iion price including transaction c0515. Financial assets GI51f1¢ as receivablB within one ye2r are not ornortised. B¢tsrcfriianciolliobilltie$ Basi¢ 11118ncial liabililies. Iiicluding ciedilots are recognised 4Tr1 Iransa¢iion pri¢¢ UTrIe thc arran8¢menl con51ituies a fittancing transaction. Financi1 liabilities ¢la5sified as payable within one year3re noi amortiged. Trade creditors ate obligjtions to pay for ¥oods or services thai have been 2cquired in the ordinary course ol'vpctaliolls from supplierg. Amounis payable ar¢ cla&£ified as ciirrenl lillhilitics if payment is due witliin one yeaTor le95 If not, they are presented Bs non-curreni liabilities. Trade ciediior$ are recoBnised al Iran3aLtion price. Tllxalio The charity is rxempi from cojpordlion i¥x on its charitable a¢iiviiies. 1.9 Emplo}'oe bcnefits Thc e05ts of shotE-ieTm employee beiiefils are reeognised as a liabilily expe1, uNless ihose costs are required lo be re¢DlS¢d as part of Ihe Cost of stock or fi.xed sets. The Cost of any unuwj holiday entitlement 1$ r¢¢o8nised in the period in which the employet's services are re¢¢iv¢d. Tern)inalioD b¢ll¢fits are reCOll5¢d immediately as exprn%e when the company is d¢mimstrably cotntnitted to tertninai¢ th¢ ¢mployillentof an tmployce or io provide terniiiiation beiiefits. page 7
PARENTS, ASSOCIATION OFTHE MIKOLAJ REJ POLISH SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2O23 Crltltthl gtcounting ostimat¢s *nd Judgtment5 Tn Ilie applicalioii of the charity's a¢couniins policies, thc ty$¢eeS are requirtxl to makc judgeinenls. esiimate5 and assumpiions about the carrying ainoullt of ass¢is and liabilities that ¥r¢ not ieadily appareiii Lither sources. The cslin11i ies Jssu¢i#itd iE 53uThiplions &ire based oil hibloriLal experience And oiher fac50rs that Art ¢unsidered to be r¢l¢vanl. Acliial resiilts tnay diff¢r (rom these es12tnaies. The estimates and und¢rlyins assumptions are review¢d ongoillg bls. R¢iisions lo accounting estimates ar¢ recospni5ed in Ihe period in whicli thL e$iiinai¢ 15 ievised wljero the revision affects only ihat [10. or In the period of the r¢visiort aJh4 future periods where the revision affects both current 4nd fiiliire peiiods. Unrt5Érfctcd Unresiticled funds fvnds 2D23 2022 Grants Tcceived 8,230 12,543 ChaTltable aclivilio5 Unroslrleled Uurestricled fllnd5 fndS 2023 2022 Sale of 8¢)ods School fees Textbooks 5,863 102.813 8.602 5.539 97.103 9.993 Income frutn othcr trllding 2elivltles Unre5trictod Uiirtstrictod fund. 2022 20Z3 Fundraising ¢venLS 10.461 4,970 8,070 8.343 16.413 poge 8
PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) roR THE YEAR ENDED 31 A UGUST2023 lThcome from iDVtsimtrtts Unrestricted UDrostricted funds 2022 2023 Inleie5t te¢eivable 983 Other income Unrestrietod UnrtStrlcted funds 2023 2022 oihEiin¢ome 350 Expenditur¢ Th15ing funds Unre51rirted Unyostricted funds fullds 2023 2022 Fundr&isin¥ and publtcity Other fundrJi5ing cosis 3.444 PAge 9
PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTIP4UED) FOR THE YEAR ENDED 31 AUGUST2023 Charitable activllle5 UThrtstricled Unrestricted rund5 funds Z023 2022 Staff costs S¢hool siipplies Gif15 & Prizes PR (Literature & Brochures) Equiprneiit Donations Textbooks Training LOSt$ Talent show 78.403 2,260 6,6?6 7.004 79207 3,955 6,IIM) 5.553 509 100 300 360 1,076 556 2.913 23.020 455 2.73 Insurnn¢e Reni DBC CheLk5 SUdry cApen5es 866 383 559 136.207 ShArc of siipport costs Ise¢ Trvte 101 Shllr¢ of goveniance cosis Is¢e note 101 5.354 5.019 3.291 5.093 146.580 144.935 Sllpport t05t5 allocated to •ttivitifs UnresirlLIL'd (unds 2023 Total 2022 D¢prcciaEIOD Kii¢hen costs Soliare costs Subscripiions Govemance 1.479 166 680 922 688 5,093 1,649 5,018 10,373 8.384 10
PARENTS, ASSOCIATION OF THE KOLAj REJ POLISH SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 A UGUST21P23 io Supporl ¢o$ts lllloc#ttd to aclivlties Icontlnuedl 2023 2D22 Goitrn2nce costs rthmpr15t- A¢Loyttthncy Manag¢meiii fees 3.420 1.899 72 5,093 Trustce5 Nle of itse Ttu$t¢es lor any P¢ons Cole(ted wilh them) Teteiv¢d any retDunerniion or benefits fiom the drg ihE yeDr. 12 Employees The averagc monthly numkT ofemployees during theYe was." 45 20Z3 Number 202Z UTnber 45 48 EthploytlleDt co$1$ 2023 2022 Wages and lrieS 78,403 79,207 TheTe We no employee5 whcpse aniiual T¢rnun¢r31ion mor¢ thBn £EQ.O(HJ. Remujkeration ofkey Illuagemellt personttel Th¢re Are no key rA8nageinenl Sonnel whi¢h received a salary. ij Ttsxotio Th¢ charity is exetnpl from taxation on its activities because all its income is applied for ¢harilable purs¢s.
PARENTS, ASSOCIATION OFTHE MIKOLAJ REJ POLISH SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST21123 14 Ta¥Ible fLxed 2S5et5 Flxtures fittiny Cost Transferred in at I Sepiember202? 5,863 At 31 Augusi 20?3 7.564 D¢pre¢l•llou and Impairment 4.14CI 1.479 D¢precialion charged in the year Al 31 August 20?3 5.6)5 C#rryiTrg Arnounl Al 31 August 2023 1.939 Al 31 Aiigiisi 2022 15 D¢btor5 ZOZ3 21122 AVt5 falling due wllhin Dne vtar.. Trade debLors Piepaymeiiis and accrued income 165 290 267 16 CdItOrs.. 2mouikis (olling duo Mrythln year 2D23 2022 Oih¢r laxalion alld social security Trndc creditors Oih¢r crcdilors A¢¢twls and defe1 ineom¢ 356 103 29,673 29.606 33.148 3?,688 17 Dclerrod ineome 2023 2022 Oih¢r deterred income 20.098 pase 12
PARENTS, ASSOCIATION OF THE MIKOLAJ REJ POLISH SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2023 17 Dtrtrrtd income IC&rLtinuedl Deferrcd income is included the f)ne11 stale]neDIs follows.. 2023 2022 Deferred inco ig inelllded within.. Shown as def¢iT¢d ineomc on ibe face of the balllnce 5heel 20,U98 18,555 Movemenis in the year". Deferred income at I Sepiemb¢r 2022 Releas¢d from previous peri5 Rc50urr¢s Oefetred in thc yeji 18,555 118,5551 20.098 12.594 112.5941 18.555 Defetted incotne &1 31 August ?023 ?0.098 18,555 18 Unrestricted (ullds The unre51ri¢ted fiinds of Ihe charity Eomprise the uiie.Kpcnd¢d balances of donations and grants which ar¢ not siibject lo specifi¢ ¢onditiolls by donoTS and uryantors as to how they may be used. These Iiiclude designalcd fvnds which have bE¢rt s¢t aside oiil of unr¢stri¢i¢d funds by the Itusi¢¢s for specific purposes. At I ScpleThber 2022 Ros&urccs expended At JI August 2023 re50uries Qtneral fuDds 76.717 64,971 Prevlou5 yoAr- At I Sepiember 2021 Incoming resources Resources pettded At 31 Allgu5t 2022 G¢n¢rnl fi]nds 1148,3791 76.717 19 Related party. tran5aCtion$ There weie no di5closable related party transactions durin¥ the yeai12022- none). page 13