## **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: - PSA Donations made to school increased from £21,881 in the previous year to **£28,668** , a rise of 31% year-on-year. Key donations that were made this year included: - Provision of £9,882 for equipment for the new Sports Hall - Donation of £6,000 for a canopy for the Primary School - Our annual contribution of £5,000 towards the school minibus hire - Donation of £3,149 to cover the costs of the Larch entrance hall mural - Other smaller donations made included payments for a memorial seating bench, Years 6, 11 and 13 leaver’s contributions, books and PE equipment - Even after this increase in donations to school, we ended the year with the committee bank balance on 31 Aug 2025 standing at a very healthy **£39,406** , giving a strong financial start to the current fundraising year. - Fundraising events raised **£31,345** , slightly down (-8%) on the previous year. General donations were also down vs 2024 to **£1,800** (-27%). - Key events in the year were: - Frost Fair & Presents Room raised the sum of £10,111 gross, and after expenses **£6,240 net** , a brilliant achievement! - Slice of Summer raised £8,674 gross, and after expenses **£5,020 net** , making another substantial contribution to annual income. - £1,588 gross **and £1,242 net** . - Bar events raised a healthy £2,169 gross income, which translated into a net sum of **£410** , a figure which reflects that some of the bar stock - purchased in the year will have remained available for event fundraising in 2025/6. - Frozen Fridays were extremely successful and delivered income of **£940 net** across a good number of summer term Friday afternoons. - **£815 net** . - Preloved uniform raised **£400** across the year with no expenditure costs associated with this activity. - sales which came in prior to the year end date of 31[st] August. These totalled **£3,775 gross** and provided a good indication of the early levels of interest in this exciting new event. - Key larger donations received this year came from a variety of sources, including William Church, the Charities Aid Foundation, The Ecclesiastical Society (Via Jo Brown), a sponsorship from the CNC Property Group, an Asda community donation, Chirp Communications and Henily Clot. The PSA would like to extend a huge thank you to these supporters for their ongoing support. - Administration costs payable by the committee dropped from £767 last year to **£679** this year, which is clearly a positive trend and accounts for just 2% of income raised. - During the year we moved our main banking accounts from Barclays Bank to Lloyds Bank and were able to generate additional savings interest income of **£377** vs £150 interest in the previous year. ## **Simon Balle All Through School** ## **PSA Chairpersons Report – 2025** ## **Committee** - Treasurer – Mike Cohen - Co-Chair – Leah Wood and Chloe Merrick - Penny La8erty - Helen Engwell - Helen Ledster - Sam Claydon - Kirsten Johnson - Colleen Butler - Lou Harris - Emma Bloss - Hayley Fairbrother 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; - Larch UV disco – very well attended – excellent parent uptake for help - Slice of Summer 2025 – well attended but struggled with volunteers. - Happy’s Circus with food, drink and stallholders -sold out tickets despite the hiccup of having to rearrange the date due to adverse weather conditions. Struggled with volunteers. - Halloween Disco - very well attended, almost the entire larch attended - excellent parent uptake for help - Frost Fair 2025 - well attended but struggled with volunteers and had to cancel some games. - Elfridges – two full days – great feedback - Frozen Fridays – very busy each week – worked well allocating a week to each year group. ## **PSA Assistance** Assistance from the PSA was provided at the following events; - Big Band - Wind and Brass - Open Days - Music festival - Sports days – providing ice pops - Sports Presentation ## **Contributions** - - Year 6 Leavers - £256 - Year 11 Leavers - £630 - Year 13 leavers £406 - Computer Funding (Edu Tech) (from Frozen Friday) - Memorial Tree for passing of sixth form student - Memorial bench for passing of Year 9 student - Minibus - Secondary science Equipment - Pantomime trip for reception, Year 1 and 2 - Talent show prizes - Art mural in larch - - Brick sponsorship – sports hall to fund equipment ## **Di@iculties** - - - Uptake of volunteers ## **Aims for 2026** - Clear roles for PSA Committee – for example head of sales, stallholder Liaison, bookings, Canva, social media etc. - Increased participation from school community in terms of volunteering (even if not on the PSA). - Outdoor classroom committee to drive this project forward. - Year group/class reps to communicate messages. - More fun events for the children – Tea towels, outdoor cinema, fun run/colour run - Container for preloved. - Outdoor cover for senior school – how can we include for school for additional funding. ## **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||