## **ANNUAL TREASURER’S REPORT** FOSTAS maintains appropriate financial records in accordance with Charity Commission guidance. A structured spreadsheet is used to record all income, expenditure, and event-related financial activity. This provides a clear audit trail, including detailed breakdowns of funds raised and costs incurred for each event, supporting transparency and accountability in the management of charitable funds. **- 20** ~~**24 2**~~ **02** ~~**5**~~ ## **FINANCIAL CONTROLS AND RECORD KEEPING** The majority of transactions are processed through FOSTAS’s bank account, ensuring that all income and expenditure can be in ~~depe~~ ndently verified and rec ~~oncile~~ d against bank st ~~atem~~ ents. Income is collected th ~~roug~~ h controlled methods, in ~~cludin~~ g paying-in slips, ~~onlin~~ e banking, and card paymen ~~t~~ facilities. These arrangements reduce reliance on cash handling, thereby minimising financial risk and strengthening the FOSTAS’s internal financial controls. Where cash is received, procedures are in place to ensure that funds are counted, recorded, and banked promptly. Segregation of duties is applied where practicable, with appropriate oversight and review undertaken by designated committee members. These processes ensure that the FOSTAS maintains proper accounting records, safeguards charitable assets, and operates in line with good financial governance practices and Charity Commission expectations. ## **FINANCIAL PERFORMANCE** FOSTAS began the academic year with a balance of £24,484.52. During the year, total income amounted to £9,514.61, while expenditure was £12,873.99. This resulted in a closing balance of £21,125.14 at the end of the financial year. The year included significant one-off expenditure, including a Nursery Wooden Play Kitchen. Despite this investment, FOSTAS has maintained a strong financial position. Based on the current balance and projected income, approximately £12,459 has been allocated to priority projects for the next academic year 2025-2026 (see detailed breakdown in the relevant section of this report). **----- Start of picture text -----**
Total Expenditure
27.5%
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FOSTAS will continue to support a range of successful fundraising activities, including Christmas card sales, the Christmas fair, and the summer fair, alongside other initiatives, to sustain and grow fundraising income in the coming year. **----- Start of picture text -----**
Total Income
72.5%
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TOTAL INCOME 2024-2025 2024-2025 FOSTAS ANNUAL TREASURER REPORT Balance Brou8ht Forward as at Au8USt 2024 £24,484.52 includin8 £3CKlfloat Comparison of funds raised at some events between last year & previous year 2024r2025 11202Y2024 UNIFORM SALE | OCT CHRISTMAS CARDS I DEC CHRISTMAS FAIR I DEC UNIFORM SALE | MAY/MARCH/JUL CAKE SALE | APRIL SUMMER FAIR | JUL ASDACASH POT BOOK SALE | DEC BUNTING HIRE | OCT EASY FUNDRAISING STIKINS DISCO | FEB £133.91 £265.00 £4.011.14 £136.45 £196.25 £232.00 £5.149.90 £230.50 £289.70 £2.468.00 £6,000.00 £4,000.00 £3.178.00 £115.52 £26.40 £20.00 £532.66 672.32 £30.53 £12.96 £1,065.00 £1,024.42 £9,514.61 £10,276.05 £2,000.00 £0.00 UNIFORM ￿ I CHRISTK14S CFHSTK￿S FAIR UNIFCXiM ￿ I CAKE S4LE I C£T C4RDS I DEC ItEc YnAARCHIJUL APRIL SUMMER FAIR I JUL Our major fundraisin8 was from Christmas Fair just as previous year, followed by Summer Fair. TOTAL INCOME £33,999.13 EXPENDITURE 2024/2025 2023/2024 £708.89 £153.00 mini ra ion School Project Funded Yr. 6 Coach for trip Reception Coach to Godstone Farm Pantomime Visit Years 2-6 Nurserywooden Play Kitchen Footballs Goals Basketball Nets Year 5- Coach Trip Year4- CoachTrip Year 3- Coach Trip Year2- CoachTrip Refurb Action Station Year 6 Bibles Year 6 Popcorn & Drinks End of SAT'S £1,000.00 £1,020.00 £2,516.67 £2,085.00 £256.64 £312.79 £1,000.00 £800.00 £980 £1,200 TOTAL EXPENDITURE 2024-2025 £930.00 £930.00 £4.600.00 £834.62 £35.13 £440.00 Year 6 Popcorn & Drinks End of SAT'S Coat Campaign Alternative Panto Nursery. Reception and Year l. £59 £80 £415 TOTAL EXPENDITURE £12,87&99 £7,482.75 BALANCE AVAILIABLEASAT AUGUST 2025 £21,125.14 PROPOSED EXPENDITURE 202412025 School Projects Funded Year 6 Bibles & Post-SATs Treat: £1,000 Coaches for Year 6, Year 5, Year 4, and Reception: £4,000 £1,000 £4,000 TOTAL PROPOSED 2024-2025 Football Goals: £400 Basketball Nets: £680 Top Playground Equipment: £400 £400 £680 £400 Pop-up SensoryTents: £260 Shade for Top Playground: £3,000 Nursery Wooden Pjay Kitchen: £3,000 Pantomime Visit Years 2-6: £3,000 Coat Campaign (estimated): £100 £260 £3,000 £3,000 £3,000 £100 TOTAL EXPENDITURE £15.840 AVAILABLE FUNDS AS AT AUGUST 2025 £7,146.15 School Projects A55i5ted Donation5 20251202 (omrnitlee Wed off kn-Prin(iWe I Year 6 Bibles & Post-SAT5 Treat: £i,wo Bible5 P05t-SATs Po pcorn & Dri nks Coachesforyear 6, Year 5, Year4, and Reception: Year 6- PGL £i.000 TOTAL PROPOSED 2025-2026 Year 5- Away Day April 28th 2026 Year4- Wetlands £890 £i.000 £i,o¢)o Year 4- Wetlands Reception - God5tone Farm £i.oc Outside Play and Lea rn ing {OPAL> FOSTAS Contribution of £100 for books per class £1,000 £1.500 Coat Campaign (estimated): £100 Year 5 school trip in April 26 £890 D￿lATIoNS SIGNED OFF SEPT 2025 £8.2&) Altern3kn've Panto Nursery, ReceW"on 3nd Ye3r l. Coach Year 3 - Fria rs {£980) Coach Year 2- Ram5gate {£1200) Pantomime Visit Years 2-6: 603.60 3,575.CK) Additiorbal tK)NATIONS sig￿ed Off Oct 2025-Aug 2026 4178.60 TOTAL DONATIONS Sept 2{r2￿￿g 2026 £14459