Park School Community Education Trust Annual Report 2020
Upon launch of the trust we have worked with volunteer parents on a small number of fund raising events with the local community. Parents have enjoyed a cheese and wine evening, quiz night and of course the very popular pantomine tickets.
We funded the pupil disco this year and will continue to work with the parents and friends of Park School to raise funds to support activities that bring the community together and benefit Park School pupils and other children in the local area. We must thank those parents who offered time, ideas and support to us in our inaugral year.
Melanie Dowler Trustee
| Park School Community Education Trust | Park School Community Education Trust | Park School Community Education Trust | Park School Community Education Trust | Charity No (if any) |
1186674 | CC17a |
|---|---|---|---|---|---|---|
| Annual accounts for the period | ||||||
| Period start date | 29/11/2019 | To | 31/08/2020 | |||
| Section A | Statement of financial activities | |||||
| Recommended categories by activity Details of own analysis Incoming resources (Note 3) Incoming resources from generated funds Voluntary income Activities for generating funds Investment income Incoming resources from charitable activities Other incoming resources Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income Fundraising trading costs Investment management costs Charitable activities Governance costs Other resources expended Gains and losses on investment assets Net movement in funds Total funds brought forward Total funds carried forward Total resources expended Net incoming/(outgoing) resources before transfers Gross transfers between funds Net incoming/(outgoing) resources before other recognised Other recognised gains/(losses) Gains and losses on revaluation of fixed assets for the charity’s own use Total incoming resources |
Details of own analysis | Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
||||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 10,279 | - | - | 10,279 | - | ||
| - | - | - | - | - | ||
| 10,279 | - | - | 10,279 | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 9,372 | - | - | 9,372 | - | ||
| - | - | - | - | - | ||
| 25 | - | - | 25 | - | ||
| 478 | - | - | 478 | - | ||
| - | - | - | - | - | ||
| 9,875 |
- | - | 9,875 | - | ||
| 403 | - | - | 403 | - | ||
| - | - | - | - | - | ||
| 403 |
- | - | 403 | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 403 | - | - | 403 | - | ||
| - | - | - | - | - | ||
| 403 |
- | - | 403 | - |
Section B Balance sheet
| Fixed assets Tangible assets (Note 9) Investments (Note 10) Total fixed assets Current assets Stock and work in progress Debtors (Note 11) (Short term) investments Cash at bank and in hand Total current assets Creditors: amounts falling due within one year (Note 12) Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year (Note 12) Provisions for liabilities and charges Net assets Funds of the Charity Unrestricted funds Restricted income funds (Note 13) Endowment funds(Note 13) Total funds Signed by one or two trustees on behalf of all the trustees |
Unrestricted funds £ |
Restricted income funds £ |
Endowment funds £ |
Total this year Total last year £ £ |
Total this year Total last year £ £ |
|
|---|---|---|---|---|---|---|
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 2,093 | - | - | 2,093 | - | ||
| 2,093 | - | - | 2,093 | - | ||
| 1,689 | - | - | 1,689 | - | ||
| 403 | - | - | 403 | - | ||
| 403 | - | - | 403 | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 403 | - | - | 403 | - | ||
| - | - | - | ||||
| - | - | - | ||||
| 403 | - | - | - | |||
| - | 403 | - | ||||
| 403 | - | - | 403 | - | ||
| Signature | Date of approval Print Name |
|||||
| Melanie Dowler | 25/02/2023 | |||||
| Christine Pouncett | 25/02/2023 | |||||
Section C Notes to the accounts
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with* ✓ Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE); • and with the Charities Act.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year
1.3 Changes to previous accounts
No changes have been made to accounts for previous years
Section C Notes to the accounts (cont)
Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy INCOMING RESOURCES
| INCOMING RESOURCES | |
|---|---|
| Recognition of incoming resources | These are included in the Statement of Financial Activities (SoFA) when: |
| • the charity becomes entitled to the resources; | |
| • the trustees are virtually certain they will receive the resources; and | |
| • the monetary value can be measured with sufficient reliability. | |
| Incoming resources with related | Where incoming resources have related expenditure (as with fundraising or contract income) the |
| expenditure | incoming resources and related expenditure are reported gross in the SoFA. |
| Grants and donations | Grants and donations are only included in the SoFA when the charity has unconditional entitlement |
| Tax reclaims on donations and gifts | Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which |
| Contractual income and performance | This is only included in the SoFA once the related goods or services have been delivered. |
| related grants | |
| Gifts in kind | Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount |
| Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed | |
| Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable. | |
| Donated services and facilities | These are only included in incoming resources (with an equivalent amount in resources expended) |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the |
| Investment income | This is included in the accounts when receivable. |
| Investment gains and losses | This includes any gain or loss on the sale of investments and any gain or loss resulting from |
| EXPENDITURE AND LIABILITIES | |
| Liability recognition | Liabilities are recognised as soon as there is a legal or constructive obligation committing the |
| Governance costs | Include costs of the preparation and examination of statutory accounts, the costs of trustee |
| Grants with performance conditions | Where the charity gives a grant with conditions for its payment being a specific level of service or |
| Grants payable without performance | These are only recognised in the accounts when a commitment has been made and there are no |
| conditions | conditions to be met relating to the grant which remain in the control of the charity. |
| Support Costs | Support costs include central functions and have been allocated to activity cost categories on a |
| ASSETS | |
| Tangible fixed assets for use by charity | These are capitalised if they can be used for more than one year, and cost at least £500. They are |
| Investments | Investments quoted on a recognised stock exchange are valued at market value at the year end. |
| Stocks and work in progress | These are valued at the lower of cost or market value. |
Note 3 Analysis of incoming resources Incoming resources may be further analysed if this would help the reader of the accounts.
| Incoming resources from charitable activities |
Analysis | This year Last year £ £ |
This year Last year £ £ |
|---|---|---|---|
| Cheese & Wine Night | 880 | - | |
Disco |
1,045 | - | |
| Christmas Pantomine | 5,251 | - | |
| Christams cards & goods |
1,771 | - | |
| Festive Friday | 1,333 | - | |
Total |
10,279 | - |
Note 4 Analysis of resources expended
| Fundraising trading costs | Analysis | This year Last year £ £ |
This year Last year £ £ |
|---|---|---|---|
| Cheese & Wine Night | 276 | - | |
Disco |
221 | - | |
| Christmas Pantomine | 4,778 | - | |
| Christams cards & goods |
3,311 | - | |
| Festive Friday | 786 | - | |
Total |
9,372 | - |
Note 5 Support Costs
Please complete this note if the charity has analysed its expenses using activity categories and has
| Support cost type | Fundraising activity £ |
Charitable Activity £ |
Governance Activity £ |
Total Cost £ |
|---|---|---|---|---|
| It & Website |
240 | - | - | 240 |
| Marketing | 213 | - | - | 213 |
| Stationery | 25 | - | - | 25 |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| Total | 478 | - | - | 478 |
Note 12 Creditors and accruals
12.1 Analysis of creditors
| 12.1 Analysis of creditors | ||||
|---|---|---|---|---|
Loans and overdrafts Trade creditors Amounts due to subsidiary and associated undertakings Other creditors Accruals and deferred income |
Amounts falling due withinone year | **Amounts falling due after ** | ||
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| - | - | - | - | |
| - | - | - | - | |
| 1,689 | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| 1,689 | - | - | - |
Total 1,689 - - -
14.2 Loans
| Due to trustees and related parties Due from trustees and related parties |
Name of trustee or connected party |
Legal authority |
Amount owing | Amount owing |
|---|---|---|---|---|
| This year £ |
Last year £ |
|||
| Park School Bournemouth Ltd |
1689.42 | |||