## **Holy Cross and Fulham Bilingual Primary Schools Charity Report of the Trustees Year End 31[st] March 2024**
The trustees present their report and financial statements for the year ended 31[st] March 2024
## **Reference and administrative details**
**Charity name:** Holy Cross and Fulham Bilingual Primary School Charity
**Charity registration number: 1204309 Charity address:** Basuto Road, London, SW6 4BL **Trustees:** Seana Bengtsson Claude Gauci Kathleen Williams **Bankers:** CAF Bank
## **Structure, governance and management**
The school is run by a Board of Governors of which not less than 3 are also trustees of the charity. There are no more than 9 charity trustees.
## **Governing Document**
The Holy Cross and Fulham Bilingual Schools Charity is governed by its constitution and registered with the Charity Commission on 8[th] August 2023.
## **Recruitment and Appointment of Trustees**
Trustees are appointed by the Charity
## **Objectives and achievements of the charity during the year.**
The charitable objects are to advance the education (including social and physical training) of the pupils at Holy Cross and Fulham Bilingual Primary Schools by providing and assisting in the provision of advice, resources and facilities [not required to be provided by the local education authority] for education at the school.
The charity has, on start-up, received considerable support from the school community.
We are hopeful that as we continue with the right support, we can deliver high impact for the children of Holy Cross and The Fulham Bilingual.
## **Reserves Policy**
The trustees agree to hold in advance at least 3 months operating costs in free reserves. As yet we have not incurred significant expenditure as most work during the start-up phase has been done on a voluntary basis. Once we pay for charitable activities in the next financial year, we will maintain at least 3 months of our planned financial commitments in order to meet our liabilities comfortably, with adequate runway for fundraising.
## **Financial review**
Income for the year totalled £23,042.44 and expenditure £5. The net increase on unrestricted funds for the year was £10,537.44. At 31[st] March 2024 the charity had free funds not tied up in fixed assets of £23,037.44.
## **Statement of trustees’ responsibilities**
The trustees are required to prepare financial statements that give a true and fair view of the state 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 financial statements, Trustees should follow best practice and:
- Select suitable accounting policies and apply them consistently;
- Make sound judgements and estimates that are reasonable and prudent; and
- Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue on that basis
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 1993. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Public benefit statement**
The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit, “Charities and public benefit”.
Approved by the Board of Trustees on 17[th] January 2025 and signed on their behalf by:
Seana Bengtsson
## **Holy Cross and Fulhan Bilingual Primary Schools Charity Statement of Financial Activities Year End 31st March 2024**
## Section A Receipts and Payments
|**Income**
Interest on bank deposits
Other
Donations
**Total Receipts**
**Expenditure**
Charitable Expenditure
Governance Costs
**Total Payments**
Net income & Expenditure
Transfer between Funds
Cash Funds at last year end
**Cash funds at year end**
Section B Assets and Liabilities|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total 2024**
**Total 2023**
42.44
£
42.44
£
10,500.00
£
12,500.00
£
23,000.00
£|
|---|---|
||10,542.44
£
12,500.00
£
-
£
23,042.44
£
-
£|
||-
£
5.00
£
5.00
£|
||5.00
£
-
£
-
£
5.00
£
-
£|
Seana Bengtsson Kathleen Williams Date of approval: 17/01/25 Date of approval: 17/01/25