’ – th MCT Durham PCF Treasurer s Report 8 July 2025
This is the second Treasurer's Report since MCT became a CIO, this Report is for the period of 1[st] April 2024 – 31[st] March 2025.
MCT Durham PCF started the 2024-2025 period with a total of £8,656.15, the only source of income during this period came from the Department of Education (DfE) comprising of a Parent Participation Grant of £17,500 and a Priority Grant of £882, both were marked as Restricted funding as they could only be spent on what had been agreed in their DfE grant applications. MCT Durham PCF ended the year with £6,932.88.
A copy of the income and expenditure for the period 2024 – 2025 in on page 2 of this report. The Treasurer keeps detailed accounts for all Restricted and Unrestricted funds and these accounts are monitored by the Trustees and any of the named individuals in the Financial Controls Policy. The 2024/2025 accounts were doubled checked by another Trustee who also has access to online banking periodically through the financial year, to check that statements and relevant paperwork all correlated. The DfE Grant Monitoring for 2024-2025 was submitted 10[th] April 2025 and was approved and signed off 20[th] May 2025. The Trustees plan to submit the accounts along with their Trustee’s Report for the 2024-2025 period after this AGM.
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| MCT Durham PCF | |||||||||||||
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| April 2024 - March 2025 | |||||||||||||
| Income | April | May | June | July | Aug | Sept | Oct | Nov | Dec | Jan | Feb | March | TOTAL |
| DfE Grant (Restricted) | £8,750.00 | £8,750.00 | £17,500.00 | ||||||||||
| Priority Grant (Restricted) | £882.00 | £882.00 | |||||||||||
| £0.00 | |||||||||||||
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| Total Income | £0.00 | £8,750.00 | £0.00 | £8,750.00 | £0.00 | £0.00 | £882.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £18,382.00 |
| Expenditure | April | May | June | July | Aug | Sept | Oct | Nov | Dec | Jan | Feb | March | TOTAL |
| Events | £4,271.00 | £931.25 | £750.00 | £3,738.00 | £750.00 | £300.00 | £532.50 | £11,272.75 | |||||
| Meetngs | £355.88 | £200.00 | £260.00 | £235.00 | £300.00 | £697.38 | £2,048.26 | ||||||
| Hard to Reach | £0.00 | ||||||||||||
| Infrastructure | £52.87 | £755.00 | £84.99 | £244.97 | £368.48 | £1,506.31 | |||||||
| Develop Info & Resources | £577.41 | £577.41 | |||||||||||
| Web Development | £0.00 | ||||||||||||
| Parent Carer Expenses | £875.40 | £406.37 | £117.02 | £176.64 | £31.59 | £41.02 | £472.70 | £743.28 | £743.66 | £325.00 | £689.86 | £4,622.54 | |
| Parent Carer Remuneraton | £0.00 | ||||||||||||
| Training | £78.00 | £78.00 | |||||||||||
| Other | £0.00 | ||||||||||||
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| Total Payments | £5,502.28 | £406.37 | £1,048.27 | £926.64 | £31.59 | £293.89 | £732.70 | £5,471.28 | £828.65 | £750.00 | £1,247.97 | £2,865.63 | £20,105.27 |
| Net cash fow | -£5,502.28 | £8,343.63 | -£1,048.27 | £7,823.36 | -£31.59 | -£293.89 | £149.30 | -£5,471.28 | -£828.65 | -£750.00 | -£1,247.97 | -£2,865.63 | -£1,723.27 |
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