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2024-08-31-accounts

Charity Registration 271703

CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

LEGAL AND ADMINSTRATIVE INFORMATION

Trustees D Bennett (Chair)
C Hill (Deputy Chair)
L Jinete (appointed 23 October 2023)
C Zurlini-Etemi (appointed 23 October 2023)
K Wilds (appointed 1May 2023)
S Thakrar
S Bhat
Charity Number 271703
Principal Address Hurst Road
Sidcup
Kent
DA15 9AG
Independent examiner F Condron FCA DCha
8 Willett Close
Petts Wood
Kent
BR5 1QH

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

CONTENTS

Page Trustees’ Report 4-5 Independent examiner’s report 6 Statement of financial activities 7 Balance sheet 8 Notes to the financial statements 9-12

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2024

The Trustees present their report and financial statements for the year ended 31 August 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity’s Rules of Association, the Charities Act 2011 and “Accounting and Reporting by Charities; Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”.

Objectives and activities

The Charity’s objective is to undertake fundraising activities for the educational, training, recreational and sporting benefit of the students of the Chislehurst and Sidcup Grammar School by providing donations and volunteers to the school.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

Ethos

Chislehurst and Sidcup Grammar School Parents Association charity (CSGS PA) is dedicated to fostering a strong and inclusive partnership between parents, teachers, and the wider school community. Our mission is to support the pupils in their academic, social, and emotional development whilst they are studying at the school. Here are some of the ways in which the Parents’ Association Charity (PA) achieves this :

We have achieved all of the above through our events this year. We continue to be a strong and inclusive PA.

Achievements and performance

The PA have shown great resilience again in the last financial year, with grateful support of our parents, school staff and others in the local community including sponsors. We have continued our fundraising momentum with gusto. Our charity trustee team has expanded and the PA committee team has grown stronger during the year with additional members. We have sought to look at skills within our Association and used a core team to organise our set events, seeing a full representation of parents throughout all years of the school and being welcoming to all that want to help. Our events are well attended, and any ticketed event sells out very quickly. We have concentrated on keeping our events at affordable prices to allow as many parents to attend.

Below are examples of events and projects that have helped us raise our funds :

Second-Hand Uniform Sales, Annual Ball, Christmas Raffle, Christmas Fair, Two quiz nights in the year, Y7 & Y8 Club Night, Wreath Making, and Easter workshop.

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2024

Reserves policy

It is the policy of the PA that unrestricted funds which have not been designated for a specific use should be maintained at a level whereby we can organise events where expenditure is incurred in advance of funds being raised. This level of reserves has been maintained throughout the year and is set at £2,000.

The Trustees have assessed the major risks to which the Charity is exposed, and have a risk register in place to manage exposure to the major risks.

Financial Review

We raised funds by organising events and second hand uniform sales in the year, and raised a total of £42,492. Along with donations of £3,550 and bank interest of £302 income this year totalled £46,344. Expenditure in organising these events totalled £17,896 and we also donated £43,348 to various school projects (list of major donations in appendix). Our bank balance fell compared to last year because we donated a significantly larger amount in this financial year (last year school donations was £9,387). The cash balance at the end the financial year 2024 was still a healthy £59,476, allowing us to look for further opportunities to support the students and the school.

Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. As a result the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Structure, governance and management

The Trustees who served during the year and up to the date of signature of the financial statements were:

D Bennett (Chair) C Hill (Co Chair) S Thakrar (Vice Chair) K Wilds C Zurlini-Etemi S Bhat L Jinete J Collins (resigned 20 October 2023)

The Trustees’ report was approved by the Board of Trustees and signed on their behalf by

D Bennett (Chair)

Trustee

Dated 26/06/25

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

INDEPENDENT EXAMINERS REPORT

TO THE TRUSTEES OF CHISLEHURST AND SIDCUP GRAMMER SCHOOL PARENTS’ ASSOCIATION

I report to the Trustees on my examination of the financial statements of Chislehurst and Sidcup Grammar School Parents’ Association (the Charity) for the year ended 31 August 2024.

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed

F Condron – Fellow of the ICAEW DCha

Date 27 June 2025

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES

INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2024

Unrestricted Unrestricted
Funds Funds
2024 2023
Notes £ £
Income from:
Donations 2 3,550 5,866
Events 3 42,248 37,435
Bank Interest 302 102
______ ______
Total Income 46,100 43,403
Expenditure on:
Charitable activities 4 43,348
9,387
Raising funds 5 19,121 18,923
______ ______
Total expenditure 62,469 28,310
Net (expenditure)/ income for the year and
movement in funds for the year (11,908) 15,094
Fund balances at 1 September 74,377 58,138
______ ______
Balance at 31 August 59,508 74,377
====== ======

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

BALANCE SHEET

AS AT 31 AUGUST 2024

2024 2023
Notes £ £
Current Assets
Cash at bank and in hand 59,508 74,377
______ ______
Net current assets 59,508 74,377
====== ======
Funds
Unrestricted funds 59,508 74,377
______ ______
59,508 74,377
====== ======

The financial statements were approved by the Trustees on [date TBC] and signed on their behalf

D Bennett (Chair)

Trustee

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

Charity information

Chislehurst and Sidcup Grammar School Parents’ Association is a charity providing donations and volunteers to the school in England and Wales. The registered office is Hurst Road, Sidcup, Kent DA15 9AG.

1 Accounting policies

a) Accounting convention

The financial statements have been prepared in accordance with the Charity’s Rules of Association, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to in the UK and Ireland (FRS 102) (effective 1 January 2019)”. The Charity is a Public Benefit Entity as defined by FRS 102.

The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 not to prepare a statement of cashflows.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are below.

b) Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future and have not identified any material uncertainties. As a result the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

c) Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

d) Income

Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that the income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

e) Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits and bank balances, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

f) Critical accounting estimates and judgements

Estimates and judgments are continually evaluated and are based on historical evidence and other factors, including expectations of future events that are believed to be reasonable under circumstances.

In the opinion of the Trustees, there were no significant estimates or judgements in the current or preceding year.

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

2 Income from donations

2 Income from donations
2024 2023
£ £
1,000 club donations 2,099 2,599
Donations 1,451 3,267
------------------------------------------------------------------------------------------------------------------------------
Total Donations 3,550 5,866
3 Funds raised from events
Second hand uniform sales 6,646 7,799
Christmas market/ raffle 6,899 2,421
Annual ball 16,639 12,591
Pre-loved Fair -
5,583
Dress Down day 1,354 1,150
Wreath workshop 2,776 -
Quiz night 5,141
4,495
Year 7/8 Christmas club night 1,841 1,904
Cake and book sale 592 -
Y7 Parents evening 359 -
-------------------------------------------------------------------------------------------------------------------------------
Total Funds raised from events 42,248
37,435
Bank Interest 302 102
====== ======
Total Income 46,100 43,404
====== ======

All income in the current and prior year related to unrestricted activities.

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CHISLEHURST AND SIDCUP GRAMMAR SCHOOL PARENTS’ ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

2024 2023
£ £
4 Charitable activities - donations to School projects 43,348 9,387
5 Expenditure on raising funds
Pre-loved Fair - 1,804
Year 11 and Year 13 leavers 1,400 1,250
Christmas market/ raffle 1,507 350
Annual ball 7,786 8,859
Donation 1,000 85
1,000 club prizes - 175
Quiz night 918 1,283
Year 7/8 Christmas club night 1,625 1,959
Year 7 Parents hospitality evening 810 913
Wreath workshop 2,146 -
Float cash 1,500 1,100
Miscellaneous PA expenditure 704 1,145
--------------------------------------------------------------------------------------------------------------------------------
Total cost of fundraising events 19,121 18,923
====== ======
Total Expenditure 62,469 28,310
====== ======

6 Employees

There were no employees during the year.

7 Related party transactions

There were no disclosable related party transactions during the year.

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8 Details of major donations (>£250) to school projects

Laser cutter £ 10,708
Piano and shelves £ 7,915
Drama Sound desk £ 4,968
Tennis equipment £ 4,533
Cookery equipment £ 2,341
Sewing machines £ 2,327
Art printer £ 1,755
Basketball hoops £ 1,291
Oven cleaning £ 1,260
Spike Ball Nets £ 1,044
Counselling Room £ 887
Neon Signs £ 885
Book buzz £ 980
Library books £ 436
Frames for Art department £ 359
German Class £ 264
Music folders £ 253

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