1*14DS Frlends of Cheam Common Academy Charlty No 1203654 Annual Report and Flnanclal Ststements For the year ended 31 August 2024
Trustee< Annual Report For the year ended 31 Au8USt 2024 The trustees have pleasure In presentlng thelr report together with the financlal ststements for the year ended 31 August 2024. Reference and Admlnlstrative Infom)atlon Charlty name Friends of Cheam Common Academy Charfty nurnber 1203654 Address Frlends of Cheam Common Academy, Cheam Common Infants, A¢ademv. Balmoral Road, Worcester Park. r4 8S5 Current Trustees Charlene Field Chair Vesellna Aldred Secretary Gemma Crosby Treasurer
5tnKture. Governance and Management Consotudon The charity is an unincorporated charlty. reglstered in En8land. It was reglstered on 20 June 2023. Appolntment of trustees The charl$ committee has regular meetings throughout the year to plan actlvlties and monitor pro8ress of its inltiatives. Membership of the management committee is open to all parents. guardians and carers of chIldn attending the school. Trustees I members of the committee are elected at the AGM and hold office untll the following AGM. The AGM tskes place a few week5 after the Start of the school year lin late September or early October). There must be a mlnimum of two trustees. Objectlves and A¢tlvllles Charltable purposes To advance the education of pupils In the school bv: developing effective lationShIpS between the staff, parents / carers and others associated wlth the school: • en8agin8 in actlvities or providing facilities or equlpment which support the schools and advance the educatlon of the pupil& Acfjvltles The charity supports Cheam Common Infants. Academy Ica) and Cheam Common Junlor Academy Iccll through organisin8 fund-r4ising events which Serve multiple purposes.. raising money to allow the schoo15 to purchase necessary resources and equipmenL increasing the en8agement of all Stakeholders to help improve the communicatlon between the school and parentslcarers in order to lead to better outcomes for the thlldreTr. and prOding fun activitles for the students. Achlevements and Perlormance Durlng the 202312024 School year, acr055 the varlous events the charity hosted, it generated an Income of lust over £55,834. The funds raised were allo¢ated to a number of exciting projects for the Schools. Among Other things, the charity helped the schools to Pfocure.. sensory equipment in the CCI playground pavilion in the CCI playground large reading Shed. with soft fumishlngs- oJ5hions and tlles for ca painted rainbow In front of pavilion in the CCI playground • plcnic benches for CCI playground year 6 wild garden items (bamboo fencln8 and plants. solar powered fountain) for ccj wetland plants for pond • readin8 shed and book rdck in the CCI playground
The charity also supported the school through hostlng and providing volunteers for a number of events. to offer opportunitie5 to the parents and teachers of the xhool to come together, or as fund-raising events. Some examples of these induded: a coffee morning; support on sports days; a general knowledge quiz evenin& a salsa night; summer falr. Flnanclal revlew Our main source of funding is donations recebved from parents at the schools or from the local community. Our fundraising efforts this year have concentrated on the PUTchase of the items Ilsted above. as well as fundraising for the largest project the Friends of Cheam Common has worked on. namely the resurfacing and refencing of the Multi Use Game Area IMUGAI at Chearn Common Junlor Academy ICCJI. Due to the scale of the projert. the Trustees applied for a variety of grants from the wider communlty, and engaged even more closely with parents within the school to identlfy alternattve sources of fundin8. father than 1¥ solely on donatSons received in the course of the usual activitie5 hosted by the charity. We are pleased to report that this resulted in the receipt of a grant of £2,0 and corpor*e match-funding amoufitln8 to nearly £19,LYJ). The projett 15 expected to complete in 2025. The accounts for Frlends of Cheam Common Academy are prepad on a recelpts and payments basis. The total fundraising income for the year is £55,834, costs amount to £18,682 reSuln8 In a net surplus for the year of £37,152. The cash positlon at the end of the finantlal year was a healthy balance of £69.319. As noted aiM)ve. a significant proportlon of this has been rin8fenced toward5 the compledon of the MUGA renovatlon in the 202412025 academic year. Reserves pollcy The Trustees discuss the year's planning at the AGM and liaise with the schools throughout the year to dlscuss what Items and projects they would like us to supwrt them with. These requests are reviewed on a case by case basis. This is to ensure that donations made from the charity to the schools meet the threshold for providing a benefft to the Majority of the school. It is also so that we can control what expenditure the charity Is committing to. As we do not have access to credit facilities, it 15 key for the Trustees to ensure that any expenditure commltment tan be met by existing cash a55ets. This is reviewed on an ongoing basis throughout the year so it can be adjusted according to the fundraising income the charity receNes. Plans for future period The trustees intend to continue supporting the schools with the purchase of key equipment. For the academic year 202412025. we wlll support the schools with the renovation of the MUGA a5 well as the procurement of table tennis tables for the outdoor playground. Rekenrek beads for maths, outdoor 8rass blocks for the infrdllt school and contributing towards improvements of the infants. playground. among other projects. to be Identified with the senlor leadership team throughout the vear.
ewed and Signed by.. Signature: .. 11. 06. 202 . Posltion: fR6AS¢A*4 Name.. Ves.e.k.ifrJA ALDEEP Slgnature: Date: I I . Of?.:. loL5 Posltlon:
El IJ4D WMES Receipts and payments accounts CC16a To 31•1 Augwt 2024 Section Receipts and payments Unre$trictÈd fund• Restrict¢d fund Endowment fund• tYr Tot•1 lund A1 R8c•l flOM27.71 £X325.47 34.328 Unrfum s Intwul AR) 5*834 Iw• tabl•l. A3Pa Cost £9.222.41 ¢JM.18 Sub tot•1 A4 kn••t #nd In¥••l urcha••a gee table Sub total 1&082 10,682 Net of r•c•lpW{p•yments) A5 Tr•nsfèrn betn lundi A6 Cash funds last year end Cash funds this yearend 09.31 69.319 CCXX R1 acc4)unts ISSI 11KEK2025
Section B Statement of assets and liabilities at the end of the period Unr•strict•d Re$tri¢l¢d funds Endowment Ckngorle8 Detalts 81 Cash fund• 31167 37,152 69.319 Unr•th¢t•d fund• R•thet•d lund8 Endowmont fund• lo nparut£ Details Details Detalls 84 Awts r•t•ln•d for th• charlty's OTffi U Details BS Ll•blllti S•3n8d by on• ef trusty•s on beh8Mof am the Injstees roval A C£oS8 SL INA ALr) 11 OL.2 CCXX R2 xcOts {SSI
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