OpenCharities

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2023-08-31-accounts

SORP reference
Summary
ofthe purposes of
the charity as set out in its
governing
document
To advance the education
of pupils at the
school in particular
by providing
extra
resources to the school to enhance
children's learning and the school
environment.
Summary
ofthe main
activities
in relation to those
Para 1.17and
1.19
Supporting Binstead Primary School.
purposes
for the public
benefit,
in particular,
the
activities, projects or
services identified
in
the
accounts.
Statement
confirming
whether the trustees
have Para 1.18 The trustees
have
guidance
on public
had regard to
benefit.
the
had regard to the guidance
issued by the Charity
Commission
on public
benefit
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Other

SORP reference
The charity has provided
resources to the
children of Binstead School that they would
Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
Para 1.20 otherwise
have to go without.
Through
fundraising
events, Christmas
fayre,
Summer,
fayre, cake sales etc resources
have been able to be provided
back to the
school. We supported
the school through
class gifts at Christmas
providing
valuable
resources for all 7dasses. Leavers
benefits to society as a
whole.
celebrations
and materials
for year 6 a
pantomime
trip for all ofKS2 and books
and resources
bought for the classes.
Additional
information
(optional)
You ma
choose to include further statements
where relevant about:
Achievements
against
Para 1.41
objectives set
Performance
offundraising
activities against objectives Para 1.41
set
Investment
performance
Para 1.41
against objectives
Other

Financial Review Financial Review
Review ofthe charity's
financial
position at the end
ofthe
riod
Statement
explaining
the
policy for holding
reserves
statin
wh
the
are held
Para 1.21
Para 1.22
The charity has ended the period
in a
stronger financial
position after being able
to increase the fundraisin
events this
ear
Reserves are held in the bank account and
are carried forward
into the next year until a
re uirement
arises for their use.
Amount
ofreserves
held
Para 1.22 f8595.32
Reasons for holding zero Para 1.22
reserves
Details offund materially in Para 1.24
deficit
Explanation
ofany
Para 1.23 None
uncertainties
about the
charity continuing
as a going
concern
Additional
information
(optional) (optional)
You ma
choose to include further statements
where relevant about:
The charity's
principal
sources offunds (including Para 1.42
any fundraising)
Investment
policy and
objectives induding
any
Para 1.46
social investment
policy
adopted
A description
ofthe principal
Para 1.46
risks facing the charity
Other

Description
ofcharity's
trusts:
Type of governing
document
Para 1.25 Trust deed
ltrust deed. rc a!charter'
How is the charity Para 1.25 CIO
constituted' ?
je.g unincorporated
association,
CiO',
Trustee selection methods
including
details ofany
Para 1.25 Trustees are voted
and are ideally an
in by existing trustees
individual
with a
constitutional
provisions e.g.
connection to the school.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Additional
information
(optional)
Additional
information
(optional)
Additional
information
(optional)
You ma
choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction Para 1.51
and training oftrustees
The charity's
structure
and
organisational
any wider
Para 1.51
network
with
which the
charity works
Relationship with any related Para1.51
parties
Other

'
Cha name ' The Friends of Binstead Prima School
Other name the cha uses The Friends
Re istered chari number 1187901
Charity's principal address Binstead Primary School
Hazlemere Avenue
Binstead
Isle ofWight
PO33 3SA

Funds held as cust odi
Description
ofthe assets
held in this capacity
Name and objects ofthe
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details of arrangements for
safe custody and
segregation
ofsuch assets
from the charity's
own
assets

Signature(s)
Full name(s) Jasmine Ward Rebecca Kirby
Position (eg Secretary, Vice Chair Chair
Chair, etc)
Date d.'5 0'+ - 2'+

Expenditure
Event expenses 3,911.82
Insurance 153.44
Licenses 20.00
Travel
Donations
Postage
School gifts / products 3,278.46
Bank / Credit card machine charges 2.84
Equipment 189.98
Total expenditure 7,556.54