5t Francls of Assl$l Prlmary School Charlly Report or the Trustees Year End 31 $t March 2024 The trustees presenl their report and finoncial slatements for Ihe year ended 31st March 2024 Reference and admlnlstratlve detalls Charlty nome: st Francis of Assisi Primary School Charity Charfty reglsfrallon number. 1203613 Charfty address: Treadgold Street. London Wl14BJ Trv51ees: Francesca Nelson-smith John Asgian Kathleen Williams Bankers: CAF Bank Structure, governance and management The school is run by a Board of Governor5 of which not less than 3 ore also tnJstee5 of the chorily. There are no more than 9 charity trustees. Governlng Docvmenl The St Francis of Assisi Primary School Charity is govemed by its constitution and registered with the Charity Commission on 191h June 2023. Recrultment and Appolntfnenl of Trustees Truslees are oppointed by the Charity Objecllves and a¢hlevements of the charity dvrlng Ihe year. The charitable objects ore to odvance the education lincluding social and physical troiningl of the pupils al St Francis of Assisi Primary School by providing and assisting in the provlsion of advice, resources and facilities Inot required to be provided by the local education authorityl for education at the school. The charity. dLJring start up. ha5 conducted reseorch on the needs of the mosl vulnerable children and fomilies. We have costed up provision and explored
portnerships and delivery agents. We have anolysed data on our priority oreas of wellbeing, attainment and mental health. After some smoll successes in fundraising. we have now marshalled a fundraising committee to support ourwork who ore assisting wlth a fundraising auction to raise fund5 for future after school club provision. We are hopeful that as we conh.nve wth the right support, we can deliver high impact for the children ol St Franci5 of Assisi. Reserves Polley The trustees agree to hold in advance ot least 3 months operating costs in free reserves. k yet we have not incurred significant expenditure as most work during the start up phase was done on o voluntary basis. Once we pay for choritable aclivities plonned in the next financial year, we will maintain al least 3 months of our planned financial commitments in order to meet our liabilities comfortobly, with adequate rvnway forfundraising. Flnancial revlew Income forlhe year totolled £2562 and expenditure £10. The nel increose on unrestricted funds for the year was £2552. At 3131 March 2024 the charity had free funds not tied up in fixed assets of £2552. Statement ol trustees, responslbllltles The trustees ore required to prepare financial statements that give a true and fair view of Ihe slate of the charity as at the balance sheet date and to record its incoming resources and the application of resources, including income and expenditure, for the financial year. In preparing those finonciol statements. Trustees should follow best practice ond= select Suitable accounting policles and apply Ihem consistently,. Make sound judgements and estimates Ihat are reasonable ond pwdent; and Prepare the financial stotemer)Is on a going concem basis unless it is inappropriate to assvme that the charity will continue on thot basis The tru5te8s ore responsible for maintaining proper occounting records which disclose with reasonable accuracy at ony time the financial posilion of the charity and enables them to ensure Ihat the financial statements comply wilh Ihe Challties Act 1993. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable sleps for the prevention and detection of fraud and other irregularities.
Publlc benefit statement The trustees confirm that they have complied with the dufy in section 4 of Ihe Charitie5 Act 2006 to hove due regard lo the Charity Commission's general guidance on public benefit, "Charities and public benefit" Approved by the Board ofTrustees on . .1111212024........... behalf and signed on Iheir sca Nelson-smith
St Francis of Assisi Prlmary School Chartty Statement of Financial Activities Year End 31st Maich 2024 ionARe el ts and Pa ments Unrestricted Funds Restrlrted Funds Endowment Funds Totsl 2024 Total 2023 Income Interest on bank deposits Other Donations 0.94 0.94 2,561.38 £ 2,561.38 Total Receipts 2,562.32 £ £ 2,562.32 £ Expenditure Charitable Expenditure Governance Costs iO.¢)O io.c4) Total Payments 10.00 £ 10.00 £ Net income & Expendilure Transfer between Fund5 Cash Fund5 at last year end Cash funds at year end 2.552.32 £ £ 2,552.32 2,552.32 £ £ 2,552.32 É Section B Assets and Liabilities at Year End Unrestrirted Restrlcted Funds Funds Endowment Funds Cash Assets: Donation5 2,552.32 £ Other monetary asset5: Fund to whlch asset belong5 Cost Current Value Investment assets,, Liabilities.. Signed on b half ot the Trustees Fran sc @Ison-smith Date of approval- Kathleen Williams Date of approval.. 1111212024 IIIIL/trLf