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2025-08-31-accounts

Treasurer’s Report – Simon Balle PSA

Financial Year Sep 2024 to Aug 2025

Headlines

the hard work of the dedicated committee members, under the new stewardship of Chloe and Leah as joint Chairs. Proudly we can announce that the sum of £33,750 has been raised in the financial year, and a huge thank you goes to everyone involved in helping with the hugely successful events taking place over this accounting period.

The increased level of spend on school project requests across 2024/25 has meant that the accounts show an overall income deficit for the year of (-£7,436). Nonetheless, healthy levels of reserves remain in place of nearly £40,000 as we start the current fundraising year. A full breakdown of all figures are included in the Financial Statements.

Highlights

Key highlights for the year include:

Simon Balle All Through School

PSA Chairpersons Report – 2025

Committee

Special thanks to Ruth and Laura Pearson who have stepped down.

Special thanks Rebecca and Richard Pascoe and Antonia Johnson who have helped a great deal with events, set up, clear down etc.

Special thanks to Mick and his team who work tirelessly at every event and going above and beyond in assisting the PSA.

Special thanks to James Pooley, Grace Mizon and Penny La8erty who are our school liaison.

Events Run 2025

A summary of events run by the PSA in 2025 include;

PSA Assistance

Assistance from the PSA was provided at the following events;

Contributions

Di@iculties

Aims for 2026

Simon Balle School PSA Accounts 2024-2025

24/25 23/24
£ £
NET INCOME NOTES
Fundraising & Events 1 £ 31,345.39
 £ 34,083.34
Donations - general £ 1,800.24
 £ 2,458.50
Other Income £ 227.43
 £ 323.33
Interest received £ 377.82
 £ 150.28
£ 33,750.88
 £ 37,015.45
EXPENDITURE
Fundraising & Events 2 £ 11,839.77
 £ 14,203.21
PSA Administration costs 4 £ 679.61
 £ 767.38
Donations / Funding to School 5 £ 28,668.05
 £ 21,881.24
Total Expenditure £ 41,187.43
 £ 36,851.83
Surplus / (Deficit) for the year £ (7,436.55)
 £ 163.62
BALANCE SHEET
31/8/2025 31/8/2024
Assets
Lloyds Accounts (Savings and Current) £ 39,406.49
 £ 36,497.33
£ 10,316.61
Petty Cash £ 180.00
 £ 209.10
Debtors falling due in one year
Stock of bar & soft drinks £ 200.00
 £ 200.00
Accrued income from 2024 £ (557.71)
Total Assets £ 39,228.78
 £ 47,223.04
Liabilities
Creditors Falling due in one year - £ 557.71
Total Liabilities £ -
Net Assets £ 39,228.78
 £ 46,665.33
Reserves at 31 August 2025 £ 46,665.33
 £ 46,501.71
Surplus / (Deficit) for the Year £ (7,436.55)
 £ 163.62
Reserves at 31 August 2025 £ 39,228.78
 £ 46,665.33

I certify that the above accounts have been properly prepared from the books and records of Simon Balle School PSA.

Signed Michael Cohen Leah Wood Chloe Leigh James Pooley

Treasurer Chair Chair Deputy Head

The attached notes form part of these financial statements

NOTES TO THE FINANCIAL STATEMENTS.

1. Analysis of income - Fundraising & events

24-25 23-24
Preloved Uniform £ 399.91
 £ 847.21
Slice of Summer £ 8,674.01
 £ 10,588.46
Frost Fair and Presents Room £ 10,111.47
 £ 10,131.22
Elfridges £ 857.78
Christmas Cards £ 284.50
 £ 437.10
Quiz with a Twist £ 4,241.10
Joules Outlet Sale £ 815.50
Total Bar Events £ 2,168.93
 £ 1,988.53
Frozen Friday £ 1,900.17
 £ 1,619.85
Doughies £ 49.00
 £ 34.00
Manic Ceramics £ 1,493.03
Sports Hall Open Evening £ 183.00
 £ 1,493.03
Year 7 Parent Info / Sports Presentation / Sports Day £ 663.07
Open Day 2025 £ 732.08
 £ 189.78
UV Disco £ 1,588.34
 £ 1,546.78
Happy Circus £ 3,775.41
Other Misc. Activities £ 108.50
Other Income
Donations and Gifts £ 1,800.24
 £ 2,458.50
East Herts Community Lottery £ 144.00
 £ 135.00
Just Giving £ 73.81
 £ 110.61
Weather Lottery £ 9.62
 £ 19.24
Every Click Donations £ 58.48
2. Analysis of expenses - Fundraising & events
Slice of Summer		 £
£		 33,373.06

3,653.20
 £
£		 37,510.99

3,837.74
Frost Fair and Presents Room £ 3,871.26
 £ 2,988.67
Christmas Cards £ -
Quiz with a Twist £ 2,461.61
Joules Outlet Sale £ -
Total Bar Events £ 1,758.86
 £ 1,035.14
Frozen Friday £ 959.95
 £ 339.05
Doughies £ -
Sports Hall Open Evening £ 138.65
Year 7 Parent Info / Sports Presentation / Sports Day £ 702.47
Open Day 2025 £ 126.28
 £ 61.45
UV Disco £ 345.56
 £ 125.90
Happy Circus £ 283.54
 £ -
Manic Ceramics £ 1,164.00
Other £ 63.96
£ 11,839.77
 £ 12,077.52
3. Fundraising & event profitability
% profitability
Pre-loved Uniform £ 399.91
 100.00%
Slice of Summer £ 5,020.81
 57.88%
Frost Fair and Presents Room £ 6,240.21
 61.71%
Christmas Cards £ 284.50
 100.00%
Joules Outlet Sale £ 815.50
 100.00%
Total Bar Events £ 410.07
 18.91%
Frozen Friday £ 940.22
 49.48%
Doughies £ 49.00
 100.00%
Sports Hall Open Evening £ 44.35
 24.23%
Year 7 Parent Info / Sports Presentation / Sports Day £ (39.40)
 -5.94%
Open Day 2025 £ 605.80
 82.75%
UV Disco £ 1,242.78
 78.24%
Happy Circus £ 3,491.87
 92.49%
4. PSA Administration costs 24-25
Ionos £ 144.00
Ionos Annual charge £ 23.99
PTA UK subs £ 162.00
Card machines £ 93.60
Photocopying £ 86.52
Donation to Mind & Flowered Up £ 169.50
£ 679.61
5. Analysis of Donations / Funding for the school
Coats Funding £ 320.00
Donation for Staff £ 500.00
Donation for Books £ 420.00
PE Equipment £ 519.85
Purchase of Books for Larch £ 517.10
Year 11 Leavers Contribution £ 623.00
Year 6 Leavers Contribution £ 224.00
Year 13 Leavers Contribution £ 332.50
Primary School Canopy £ 6,000.00
Talent Show Prizes £ 60.00
Annual Minibus Contribution £ 5,000.00
Sports Hall Gym Equipment £ 9,882.25
Larch Wall Art Mural £ 3,149.00
Memorial Seating Bench £ 591.94
Netball UK - funded kits
Goodhub donation
Christmas Carols		 £
£
£
£		 300.05

70.00

158.36

28,668.05

6. Trustees who served throughout the year Ms Leah Wood Chair Ms Chloe Leigh Chair Mr Michael Cohen Treasurer Mr James Pooley Deputy Head

Independent Examiner’s Report for Simon Balle School PSA

I have reviewed the charity’s Receipts & Payments accounts for the year ended 31 August 2025.

My examination included:

Reconciling bank statements to the beginning and year-end balances

Checking a sample of receipts from fundraising events

Verifying expenditure to invoices and receipts

Reviewing minutes of meeting to approve accounts

Statement

Through my review I have found no material issues that would cause me to believe the accounts are not a true record of the charity’s transactions.

Signed:

Angus Duncan Muir - 49 Brookside, Hertford, SG13 7LJ - 07353249594

Experienced FP&A and Commercial Director

28[th] June 2026

Working Paper for Simon Balle PSA 24/25 Accounts

Reference 1 –

Angus Duncan Muir received an email requesting independent examination of the Simon Balle PSA Accounts for 24/25 on the 25[th] of June 2026.

Reference 2 – High Level Financial

24/25

Income £33,373.06 Asset £39,228.78 Liabilities £0

Given income and balance sheet amounts, I am able to perform this examination given my career experience in finance.

Reference 3

Mini Bus Donation, Invoice has 100% VAT, is this the correct Invoice

Reference 4

Manage savings better, get improved rate, and put higher £ amounts into savings account and not in transaction account, this could generate £700-800 extra per year.

Independent examination of charity accounts checklist (CC32a)

A recommended checklist for examiners

This checklist is not suitable for the examination of voluntary group accounts.

1. Self-assessment checklist

The questions in this checklist are designed to help the examiner to undertake their independent examination in accordance with the legal requirements and good practice recommendations set out in the Commission’s guidance on Independent examination of charity accounts: Directions and guidance for examiners (CC32).

The examiner is recommended to use the checklist alongside the Directions for independent examination. Not all the checks listed will apply in the case of every independent examination and so the checklist is not a substitute to the examiner using their own judgment as to what is necessary.

The prompt ‘step done’ may prompt a ‘yes’ or ‘no’. A ‘no’ answer does not always indicate a problem because it may simply be that the step was either not applicable or found not to be necessary to the examination undertaken in which case the words ‘not applicable’ or ‘not necessary’ might be entered in place of a working paper reference.

Some answers may be ‘no’ because the evidence or information that was needed could not be obtained and this will need to be considered when the examiner makes their report. It is recommended that all the steps for each Direction are completed with a working paper reference added.

It may be that the examiner completes the checklist as they go through the examination or as a completeness check at the end as they bring their examination to a conclusion and prepare their report. There is no legal requirement to use this checklist and examiners may substitute their own checklist or take an alternative approach.

If the checklist is completed it is recommended that this forms part of the formal record of their independent examination undertaken and is kept in the file of examiner’s working papers.

2. Checklist

The Directions and documentation Step
done?		 Working
paper
reference
Direction 1: Check whether the charity is eligible to have
an independent examination
Checked the charity audit threshold applying to the accounts to
be reviewed		 Y 2
Checked an audit is not required for anyother reason Y 2
Confirmed the charityis eligible for independent examination Y 2
Confirmed the amount of the charity’s income to figure shown
the accounts (including any branches) and confirmed that
income and assets are below the audit threshold or, if
applicable, obtained a copy of the letter from the Commission
approvingan audit dispensation		 Y 2
If the charity has one or more subsidiaries confirmed that group
accounts are not required bylaw		 N/A
If a charitable company checked that the audit exemption
statement has been made		 N/A
If applicable, rechecked the threshold calculation during the
examination		 N/A
If the charity’s income is more than £250,000 confirmed that
the examiner is a member of one of the listed bodies		 N/A
If applicable, informed the trustees that the charity is not
eligible for an independent examination		 N/A
If receipts and payments accounts have been prepared,
checked that the charity’s gross income is less than £250,000
and that it is not a company		 Y 2
If receipts and payments accounts have been prepared, check
that there is no requirement to prepare accruals accounts in
the charity’sgoverningdocument or for anyother reason		 Y
If applicable, informed the trustees that the charity is not
eligible toprepare receipts andpayments accounts		 N/A
Direction 2: Check for any conflict of interest that prevents
the examiner from carrying out their independent
examination
Confirmed that there are no close personal relationships with
the trustees that compromise independence		 Y 1
Confirmed as having no the day to day involvement in the
administration of the charity		 Y 1
If providing other services to the charity then confirmed that all
the criteria in Direction 2 necessaryfor independence are met		 Y 1
Identified that there are no circumstances in the examiner’s
judgment that would reasonably lead to the perception that the
examiner is not independent		 Y 1
The Directions and documentation Step
done?		 Working
paper
reference
Considered whether sufficiently skilled to carry out the
examination and, where required, confirmed membership of a
listed body		 Y 1
If applicable, informed the trustees that you are not eligible to
carryout the independent examination		 N/A
Direction 3: Recordyour independent examination
File of working papers prepared to document the work
undertaken (see the Direction for guidance on key working
papers)
Evidence of appointment on file Y
If issued,letter of engagement signed bythe trustees on file N/A
Documentation of steps required byDirection 1 are all done Y
Documentation that steps required byDirection 2 are all done Y
Analytical review documented Y
Areas of concern identified and noted whether these were
resolved or if unresolved and significant have included them in
the examiner’s report		 ? 3
Verification and vouching procedures undertaken and any
checks made are on file		 N/A
Copyof approved accounts on file Y
Copyof trustees’ annual report on file Y
Copies of information relied upon as part of the examination
are on file		 Y
If applicable,copies of written assurancesgiven N/A
Recorded the conclusions drawn as an outcome of the
independent examination that support the examiner’s report
are on file		 ?
Recorded any matters of material significance about which a
report must be made direct to the Commission		 Y
Recorded whether to exercise discretion and report on relevant
matters direct to the Commission		 Y
Direction 4: Planyour independent examination
Obtained an understanding of the charity’s constitution,
objectives, organisational structure, the funds managed, its
activities and accountingrecords and systems		 ?
Planned specific examination procedures appropriate to the
circumstances of the charity		 Y
Reviewed whether any areas for improvement were advised to
the trustees in the previous year’s independent examiner’s
report (or audit report and management letter) and looked to
see if anyaction taken		 Y 4
Considered the financial risks identified and, where accruals
accounts prepared, considered whether the trustees have
evidence that shows that the charityis agoingconcern		 Y
Noted any implications for the examiner’s report and for
separate reportingto the Commission		 Y
The Directions and documentation Step
done?		 Working
paper
reference
Direction 5: Check that accounting records are kept to the
required standard
Checked that accounting records have been kept are complete
and considered if theyhave been kept to the required standard		 Y
Asked the trustees about how they ensure the accounting
records are complete		 Y
If corrections made or records created during the examination,
the trustee approval for these has been sought and obtained		 Y
Asked the trustees if they carried out a review of the charity’s
internal financial controls in theyear reported		 Y
Noted any implications for the examiner’s report and for
separate reportingto the Commission		 Y
Direction 6: Check that the accounts are consistent with
the accounting records
Compared the accounts with the underlyingaccountingrecords Y
Checked some entries from the listing of transactions of
income and expenditure to vouchers such as invoices, bank
statements,and receipts.		 Y
If applicable, confirmed that the trustees have taken the
necessary steps to ensure that restricted or endowed funds are
correctlyreported in the accounts		 N/A
If additional checks were necessary, the evidence was found
that showed the accounting record was complete, voucher
present,and both supported the entryin the accounts		 N/A
Direction 7: If the accounts are prepared on an accruals
basis and one or more related party transactions took
place the examiner must check if these were properly
disclosed in the notes to the accounts
Checked that the disclosures required by the SORP have been
made and are complete		 N/A
Considered whether there are any implications for the
examiner’s report and reportingto the Commission		 N/A
If receipts and payments accounts prepared and a related
party transaction note was provided, then checked the note for
anyimplications for the examiner’s report		 N/A
Direction 8: Check the reasonableness of the significant
estimates and judgments and accounting policies used in
accounting for the types of fund held and in the
preparation of the accounts
Checked with the trustees that the separate funds of the charity
have been correctly accounted for and reported correctly in the
accounts		 Y
Checked the reasonableness of any significant estimates or
judgments that have been made inpreparingthe accounts		 Y
The Directions and documentation Step
done?		 Working
paper
reference
Where accruals accounts are prepared, checked that the
accounting policies adopted are consistent with the SORP and
are appropriate to the activities of the charity		 N/A
Where accruals accounts are prepared, checked that the
accounts wereprepared on agoingconcern basis		 N/A
Noted any implications for the examiner’s report and for
separate reportingto the Commission		 N/A
Direction 9: The examiner must check whether the
trustees have considered the financial circumstances of
the charity at the end of the reporting period and, if the
accounts are prepared on an accruals basis, check
whether the trustees have made an assessment of the
charity’s position as a going concern when approving the
accounts
Asked the trustees whether they expect the charity to be able
to settle outstanding invoices, bills and commitments as and
when they fall due		 N/A
Asked the trustees about the reserves policy and the adequacy
of the level of reserves held		 N/A
Where accruals accounts are prepared, checked that the
trustees’ have made an assessment of going concern and that
their assessment is reasonable given the information available		 N/A
Where accruals accounts are prepared, checked that the
SORP’s disclosures about going concern have been made		 N/A
Noted any implications for the examiner’s report and for
separate reporting to the Commission		 N/A
Direction 10: Check the form and content of the accounts
Where receipts and payments accounts have been prepared,
checked that the charity can lawfully prepare such accounts,
that all the accounting statements are present and that the
funds of the charity are correctly identified		 Y
Where accruals accounts are prepared, checked that they
complywith the SORP and applicable accountingstandard		 N/A
If the charity is a company, checked that the accounts also
complywith the applicable companylaw requirements		 N/A
Noted any implications for the examiner’s report and for
separate reportingto the Commission		 Y
Direction 11: Identify items from the analytical review of
the accounts that need to be followed up for further
explanation or evidence
Carried out an analytical review Y
The Directions and documentation Step
done?		 Working
paper
reference
Following the analytical review, selected material items in the
accounts for further explanation or supportingevidence		 Y 4
If the accounts could be materially misstated, additional checks
were undertaken and the examiner is satisfied that the item(s)
identified were satisfactorily explained and correctly included in
the accounts		 N/A
Noted any implications for the examiner’s report and for
separate reportingto the Commission		 N/A
Direction 12: Compare the trustees’ annual report with the
accounts
Checked that any figure for reserves quoted in the trustees’
annual report is not materiallyinconsistent with the accounts		 Y
Compared the trustees’ annual report with the accounts for any
material inconsistency		 Y
Noted any implications for the examiner’s report and for
separate reportingto the Commission		 Y
Direction 13: Write and sign the independent examination
report
Reviewed the conclusions from the independent examination Y
Considered whether the examination has identified a matter of
concern that should be reported in the examiner’s report		 Y
Checked that the examiner’s report covers all of the matters
required		 Y
If relying on the work of others in undertaking the independent
examination, the examiner is fully satisfied with their work and
that work has been fullydocumented		 Y
Signed and dated the examiner’s report Y
Reported matters of material significance direct to the
Commission		 Y
Exercised discretion and reported relevant matters direct to the
Commission		 Y