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2024-08-31-accounts

St Nicholas Church of England Primary School Parent Teacher Association

Trustees Annual Report for the year ended 31st August 2024

The Trustees present their report with the financial statements of the charity for the year ended 31st August 2024.

Registered Charity number: 281171

Registered Address

St Nicholas School School Road Chislehurst BR7 5PQ

Trustees

All parents and guardians of children attending St Nicholas School are automatically members of the Association unless they indicate otherwise.

The management and control of the association is vested in a committee consisting of the Head Teacher as president of the Association together with the Chairman, Treasurer, Secretary and parents representing each class in the school, who are elected annually. The members of the committee during the year were: President Sophie Sear Co-chair Ru O'Donnell Treasurer Kate Murdock-Smith

Independent Examiner

Mrs Fiona Manuel ACA Shenlands Farm Ayleswade Lane Headcorn Kent TN27 9JG

Principal Bankers

Barclays Bank plc, Chislehurst

The Association is governed by its Constitution, dated 1st October 1980. The Association's principal objective is to advance the education of the pupils at the school by providing and assisting in the provision of facilities for education at the school ( not normally provided for by the Local Education Authority). Funds are raised by organising a series of events and encouraging donations from friends and parents at the school.

During the year ended 31st August 2024 the association paid the Trust £50,430.

Ru O'Donnell Kate Murdock-Smith Co-chair Treasurer Date……………. Date………………

Page 1

St Nicholas Church of England Primary School Parent Teacher Association

Income & Expenditure Account for the Year ended 31st August 2024

Year to
Note
31.08.24
Income
£
Regular Giving - GA claimable
13,274
Matched Funding
9,103
Other Giving
3,980
Easy fundraising
300
Gift Aid
3,740
Bank Interest
434
30,830
Income from activities
2
51,549
Profit on sale of uniform
415
Total Income
82,794
Expenditure
Termly contribution to school
39,000
Other contributions to school
6
11,430
Cost of Activities
2
25,644
Admin Expenses
975
Other expenses
-
Total Expenditure
77,048
Net Income/(Expenditure)
5,745
Total Funds brought forward
87,974
Total Funds carried forward
93,720
31.08.23
£
Current Assets
Cash at Bank
3
86,907
Debtors
4
6,861
Stock - branded beer/wine glasses at cost
614
Uniform Stock at cost
-
7,475
Less:
Creditors
5
662
6,813
Total Net Assets
93,720
Charity Funds
93,720
Page 2
Balance Sheet as at 31st August 2024
Year to
31.08.23
£
13,154
10,289
586
707
4,179
12
28,927
44,256
324
73,506
36,000
30,413
26,717
834
70
94,033
20,527
-
108,501
87,974
31.08.22
£
77,005
10,405
729
-
11,134
165
10,969
87,974
87,974

St Nicholas Church of England Primary School Parent Teachers Association

Notes to the Accounts for the Year ended 31st August 2024

1. Accounting Policies

(i) Basis of preparation of accounts. The accounts are prepared on the historical cost basis and in accordance with applicable accounting standards and the Charities SORP (Statement Of Recommended Practice; Accounting by Charities)

(ii) Income. Donations and Interest are accounted for on a cash basis whilst Gift Aid and event

income is accounted for on an accruals basis. All income is unrestricted.

(iii) Expenditure. Expenditure is accounted for on an accruals basis.

2. Income and Expenditure from Activities

Activity
2023
Income
Expenditure
Net
£
£
£
Book sale (2nd hand) and World B
396
-
396
Break the Rules Day
1,034
-
1,034
Cake/Lolly/50p Fridays Sales
1,008
-
1,008
Christmas Cards
316
-
316
Christmas Lunch
-
305
305
-
Christmas Parties
1,271
585
686
Coffee Mornings
50
-
50
Christmas party - adult
1,033
-
1,033
Easter egg Hunt
-
277
277
-
Fathers' Day Gifts
942
-
942
Film Night
575
212
363
Firework Night
7,013
3,069
3,943
Leavers Party
-
500
500
-
Mothers' Day Gifts
823
-
823
Nativity DVD
286
325
39
-
Pantomime
9,911
8,016
1,895
Party in the Pit
5,696
2,425
3,271
Santa letters
411
-
411
Small change competition
-
-
-
Summer Ball
16,874
7,972
8,902
Tea Towels
1,199
870
329
Tomato plant sale
-
-
-
Whole school photo
1,276
663
613
Wreath making
990
426
564
£5 challenge
446
-
446
51,549
25,644
25,905
2023 Net
£
372
1,203
746
366
309
-
544
137
91
-
140
-
-
819
3,096
500
-
741
133
1,688
2,989
312
626
3,492
-
305
483
528
17,539

Page 3

St Nicholas Church of England Primary School Parent Teachers Association

Notes to the Accounts for the Year ended 31st August 2024

3. Cash at Bank
Current Account
Business Savings Account
Cash on hand
4. Debtors
Gift Aid recoverable
Matched funding banked late
Refund of overpayment to Aquinus
Prepaid fireworks expenses
Fiver challenge rec'd post year end
Christmas party deposits
5. Creditors
Sports Day expenses paid post year end
PITP expenses paid post year end
Staff gift expense paid post year end
6. Other contributions to school
Forest School
Wireless upgrade
Sports day athletics
Sports equipment
Visualisers
Y6 Play
Leavers Bibles
Advent candles
SEN resources
Nativity costumes
Wet play boxes
Caterpillars
Flowers for Mrs Harris
2024
£
20,886
66,001
20
86,907
3,656
1,500
-
1,199
446
60
6,861
455
207
-
662
3,735
2,555
1,422
983
722
478
468
391
332
174
95
44
30
11,430
2023
£
73,778
3,207
20
77,005
3,721
4,170
1,142
162
60
10,405
-
151
14
165

Page 4

Independent Examiner's Report to the Trustees of St Nicholas Church of England Primary School Parent Teachers Association

I report on the financial statements of the Association for the Year ended 31st August 2024, which are set on pages 1 -3

Respective responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.

It is my responsibility to :

Basis of the Independent Examiner's Report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statements below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Mrs Fiona Manuel ACA Shenlands Farm Ayleswade Lane Headcorn Kent TN27 9JG

Date:

Page 5