REGISTERED CHARITY NUMBER: 1197791
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 FOR FRIENDS OF CROFTLANDS JUNIOR SCHOOL
J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
FRIENDS OF CROFTLANDS JUNIOR SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
FRIENDS OF CROFTLANDS JUNIOR SCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024
The trustees present their report with the financial statements of the charity for the year ended 31 October 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The aim of the group is to advance the education of pupils in the school in particular by developing effective relationships between the staff, parents and others associated with the school. We aim to engage in activities by providing facilities or equipment which support the school and advance the education of the pupils.
Public benefit
The services offered by the charity are deemed to be beneficial by their nature and are available to a large section of the public. The trustees have had regard to the Charity Commissions guidance on public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Since inception we have held various fundraising events for children. During the year the PTFA have held various fundraising activities including designing christmas cards, selling tea towels, non uniform days and raffles.The school lottery and second hand uniform shop continue and we have been in regular contact with parents and carers via the weekly school newsletter, Class Dojo and our facebook group.
School were again successful in their bid for Orcina Funding which was administered through the charity account. Money was set out to support local schools recover quickly from the educational pressures that have been shouldered by schools during the pandemic.Financial support was targeted in three broad areas, SEND, overcoming barriers to teaching and learning and capacity building.
FINANCIAL REVIEW
Financial position
The financial position of the charity remains strong. Our intention is to source funding to support a purchase of an outside classroom and continue to grow the charity and run more fundraising activities in the future.
Income streams provide a total income of £120k. Charity expenses and transfers to school total £118k. As a result there was a surplus contribution to reserves of £2k.
Reserves policy
Since inception we have always worked on the principle that we would have enough in reserves to cover our annual subscriptions for parentkind and the lottery licence as well as a number of other incidental fundraising events and we will continue to do this.
We are currently raising money for a larger project to support the build of an outdoor classroom near to the wild area.
Going concern
The purpose of the Charity's reserves is to provide sufficient protection against changing financial circumstances and to support future fundraising events to enable the Charity to continue to fulfil its principal purpose. The level of general reserves as reflected in Note 4 to the financial statements is represented by net current assets and is considered sufficient for the Charity to meet its short to medium term expenditure obligations.
The Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
FUTURE PLANS
The main objective of the trustees is to continue to expand the fundraising events at school. We are also saving to help support the build of an outdoor classroom near to the wild area.
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FRIENDS OF CROFTLANDS JUNIOR SCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is controlled by its governing document, a constitution adopted on 22 November 2021.
Recruitment and appointment of new trustees
As a charity we are aware of our responsibilities to ensure new trustees are aware of their responsibilities and as such we ensure that when recruited our trustees have read through guidance from the charity commission on 'a charity trustee - what's involved (CC3a). Our trustees are recruited through class dojo and requests in the school newsletter.
Organisational structure
Unincorporated Charity
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1197791
Principal address
Croftlands Junior School Oakwood Drive Ulverston Cumbria LA12 9JU
Trustees
Mrs L Bayliff Treasurer Mrs J Hardisty Trustee Mrs H Rogers Trustee
Independent Examiner
Mr P Hornby FCCA, FCA J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
Bankers
Lloyds Bank plc 121-135 Dalton Road Barrow-in-Furness Cumbria LA14 1HZ
Approved by order of the board of trustees on 14 July 2025 and signed on its behalf by:
Mrs L Bayliff - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF CROFTLANDS JUNIOR SCHOOL
Independent examiner's report to the trustees of Friends of Croftlands Junior School
I report to the charity trustees on my examination of the accounts of Friends of Croftlands Junior School (the Trust) for the year ended 31 October 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of 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.
Mr P Hornby FCCA, FCA The Institute of Chartered Accountants in England and Wales
J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
14 July 2025
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FRIENDS OF CROFTLANDS JUNIOR SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 116,853 Charitable activities Charitable activities 3,454 Total 120,307 EXPENDITURE ON Charitable activities Charitable activities 118,429 NET INCOME 1,878 RECONCILIATION OF FUNDS Total funds brought forward 2,254 TOTAL FUNDS CARRIED FORWARD 4,132 |
Restricted fund £ - - - - - - - |
31.10.24 31.10.23 Total Total funds funds £ £ 116,853 105,200 3,454 907 120,307 106,107 118,429 105,341 1,878 766 2,254 1,488 4,132 2,254 |
31.10.24 31.10.23 Total Total funds funds £ £ 116,853 105,200 3,454 907 120,307 106,107 118,429 105,341 1,878 766 2,254 1,488 4,132 2,254 |
|---|---|---|---|
| 106,107 | |||
| 105,341 | |||
| 766 1,488 |
|||
| 2,254 |
The notes form part of these financial statements
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FRIENDS OF CROFTLANDS JUNIOR SCHOOL
BALANCE SHEET 31 OCTOBER 2024
| 31.10.24 | 31.10.23 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash in hand | 4,132 | - | 4,132 | 2,254 | |
| NET CURRENT ASSETS | 4,132 | - | 4,132 | 2,254 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 4,132 | - | 4,132 | 2,254 | |
| NET ASSETS | 4,132 | - | 4,132 | 2,254 | |
| FUNDS | 4 | ||||
| Unrestricted funds | 4,132 | 2,254 | |||
| TOTAL FUNDS | 4,132 | 2,254 |
The financial statements were approved by the Board of Trustees and authorised for issue on 14 July 2025 and were signed on its behalf by:
Mrs L Bayliff - Trustee
The notes form part of these financial statements
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FRIENDS OF CROFTLANDS JUNIOR SCHOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Grant income policy
Grants received are credited to the Statement of Financial Activities in the financial period in which they are received.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023.
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continued...
FRIENDS OF CROFTLANDS JUNIOR SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Charitable activities Total EXPENDITURE ON Charitable activities Charitable activities NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 4. MOVEMENT IN FUNDS At 1.11.23 £ Unrestricted funds General fund 2,254 Outdoor classroom - 2,254 TOTAL FUNDS 2,254 Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
Net movement in funds £ 1,878 - 1,878 1,878 Incoming resources £ 120,307 120,307 |
Unrestricted fund £ 105,200 907 106,107 105,341 766 1,488 2,254 Transfers between At funds 31.10.24 £ £ (3,500) 632 3,500 3,500 - 4,132 - 4,132 Resources Movement expended in funds £ £ (118,429) 1,878 (118,429) 1,878 |
|---|---|---|
continued...
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FRIENDS OF CROFTLANDS JUNIOR SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024
4. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| At | movement | At | |
| 1.11.22 | in funds | 31.10.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,488 | 766 | 2,254 |
| TOTAL FUNDS | 1,488 | 766 | 2,254 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 106,107 106,107 |
Resources Movement expended in funds £ £ (105,341) 766 (105,341) 766 |
Resources Movement expended in funds £ £ (105,341) 766 (105,341) 766 |
|---|---|---|---|
| 766 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| At | movement | between | At | |
| 1.11.22 | in funds | funds | 31.10.24 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 1,488 | 2,644 | (3,500) | 632 |
| Outdoor classroom | - | - | 3,500 | 3,500 |
| 1,488 | 2,644 | - | 4,132 | |
| TOTAL FUNDS | 1,488 | 2,644 | - | 4,132 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 226,414 226,414 |
Resources Movement expended in funds £ £ (223,770) 2,644 (223,770) 2,644 |
Resources Movement expended in funds £ £ (223,770) 2,644 (223,770) 2,644 |
|---|---|---|---|
| 2,644 |
The Charity has recognised an amount of designated funds for the purpose of the outdoor classroom. This is a key future objective of the Charity which they are aiming to complete by 2027. At the end of this financial period this was £3,500 (2023: £Nil).
continued...
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FRIENDS OF CROFTLANDS JUNIOR SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024
5. RELATED PARTY DISCLOSURES
Mrs L Bayliff, a Trustee of the charity, is an employee at J F Hornby & Co who are the charity's independent examiners.The Independent Examination work is carried out by staff not involved in the running of the charity.
No fees are charged by J F Hornby & Co for the Independent Examination work which is offered as part of the firms charitable activities.
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FRIENDS OF CROFTLANDS JUNIOR SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024
| 31.10.24 | 31.10.23 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 116,853 | 103,200 |
| Grants | - | 2,000 |
| 116,853 | 105,200 | |
| Charitable activities | ||
| Lottery funding | 718 | 716 |
| Fundraising | 2,736 | 191 |
| 3,454 | 907 | |
| Total incoming resources | 120,307 | 106,107 |
| EXPENDITURE | ||
| Charitable activities | ||
| Grants to institutions | 117,723 | 105,200 |
| Support costs | ||
| Management | ||
| Fundraising costs | 541 | - |
| Licences and subscriptions | 165 | 141 |
| 706 | 141 | |
| Total resources expended | 118,429 | 105,341 |
| Net income | 1,878 | 766 |
This page does not form part of the statutory financial statements
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