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FRIENDS OF THE RALEIGH (SURREY)
ACCOUNTS FOR THE YEAR ENDED
31 JULY 2022
Charity registration number : 288279
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288279
FRIENDS OF THE RALEIGH (SURREY)
TRUSTEES REPORT
YEAR ENDED 31 JULY 2022
Register Charity Number
288279
Correspondence Address
The Raleigh School Northcote Crescent West Horsley Leatherhead KT24 6LX
Trustees
The Trustees are appointed by the members of The Friends of the Raleigh (Surrey) at their Annual General Meeting. The following were Trustees for the period under review and at the date of the report:
Niall Haughey Chair Jane Martin Secretary resigned 13 October 2022 Janice Matthews Co-Treasurer Belinda Wates Co-Treasurer resigned 13 October 2022 Fiona O'Neill Head Teacher Rheanna Mitchell and Rosemary Hancock were appointed on 13 October 2022
Governing Document
Constitution was adopted by the Charity in 1959 and amended on 26 April 2017
Object Description
To advance the education of pupils at the school by providing and assisting in the provision of facilities for education at the school, which are not normally provided by the local education authority.
Principal Activity
The Charity undertakes fundraising activities within the local community to enable it to provide additional resources to the school for each key stage in all aspects of school life.
Public Benefit
The Trustees confirm that they have referred to the guidance in the Charity Commission's general guidance on Public Benefit when reviewing the aims and objectives and in planning future activities. In particular the Trustees consider how planned activities will contribute to the aims and objectives that have been set.
Achievements and Performance
With Covid restrictions lifted the charity has been able to benefit from fund raising activities now taking place at the school, including Christmas, Easter and Summer Fairs, along with the parents Summer Ball. Having assisted with indoor learning over the past few years the charity hopes to raise over £75,000 over the next 3 years to support the schools outdoor learning with a new adventure playground
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FRIENDS OF THE RALEIGH (SURREY)
TRUSTEES REPORT (continued)
YEAR ENDED 31 JULY 2022
Financial Activities
The charity achieved a surplus of £21,730 compared with a deficit of £12,406 in 2021. £3,391 was paid to the school (2021 - £21,520) to fund various activities and with bigger fund raising activities happening close to the year end donations to the school were discussed and agreed in the Autumn term of 2022. Key fundraising activities in the year included the return of the School ball and Summer fair.
Future Plans
The year to 2023 continues to be a great fundraising year and donations to the schools outdoor learning continue.
Reserves Policy
The Charity aims to keep reserves in the region of £5,000, sufficient to cover the expenditure required in advance of events held throughout the year. At the year end, the charity had an accumulated surplus of £31,282 (2021 - £9,552). The trustees intend that the free reserves should principally be used to provide additional resources for each key stage.
Going Concern
The Trustees have a reasonable expectation that the charity has adequate resources to continue operational existence for the foreseeable future. For that reason the Trustees continue to adopt the going concern bases of accounting in preparing these financial statements.
Statement of Trustees' Responsibilities
Charity law requires the Trustees to prepare financial statements for each financial year which give a
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Trust will continue.
The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the Trust.
The Trustees acknowledge their responsibility to take due care of the funds under their stewardship.
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FRIENDS OF THE RALEIGH (SURREY)
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TRUSTEES REPORT (continued)
YEAR ENDED 31 JULY 2022
Independent Examiner
Clive Baldock FCCA has been appointed as Independent Examiner for the ensuing year.
The Trustees have approved the Trustees Report.
…………………..
Niall Haughey Chair
Date 23-May-2023
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288279
FRIENDS OF THE RALEIGH (SURREY)
INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 JULY 2022
| £ £ Note INCOME Donations and legacies Charitable activities 2 45,400 Other trading activities TOTAL INCOME 45,400 EXPENDITURE Raising funds 2 19,845 Charitable activities 3 3,825 TOTAL EXPENDITURE 23,671 NET (EXPENDITURE)/ INCOME 21,730 NET MOVEMENT IN FUNDS 21,730 RECONCILIATION OF FUNDS £ Total funds brought forward 9,553 Total funds carried forward 31,283 2022 |
£ £ 12,110 12,110 2,427 22,089 24,516 12,405 - 12,405 - £ 21,958 9,553 2021 |
£ £ 12,110 12,110 2,427 22,089 24,516 12,405 - 12,405 - £ 21,958 9,553 2021 |
|---|---|---|
| 2,427 22,089 |
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| 12,405 - |
||
| 12,405 - |
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| £ 21,958 |
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| 9,553 |
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288279
FRIENDS OF THE RALEIGH (SURREY)
STATEMENT OF ASSETS
AS AT 31 JULY 2022
----- Start of picture text -----
2022 2021
£ £ £ £
Note
Debtors 764
Bank and Cash balances 4 30,518 9,552
31,282 9,552
Net Assets and Liabilities 31,282 9,552
----- End of picture text -----
The attached Income and Expenditure Account and Statement of Assets for the year to 31 July 2022 are approved and signed on behalf of the Trustees
………………….. ………………….. N Haughey J Matthews Chair Co-Treasurer
Date 23-May-2023
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FRIENDS OF THE RALEIGH (SURREY)
288279
NOTES TO THE ACCOUNTS
YEAR ENDED 31 JULY 2022
1 ACCOUNTING POLICIES
General Information
The Friends of the Raleigh (Surrey) is an unincorporated charitable trust registered with the Charity Commission in England and Wales, number 288279. Its principle office is The Raleigh School, Northcote Crescent, West Horsley, Leatherhead KT24 6LX.
Basis of accounting
These accounts have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005) and with Accounting Standards. The accounts are prepared on the receipts and payments basis.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Incoming resources
Incoming resources are recognised on the Income and Expenditure account when the charity becomes entitled to the resources; the trustees are virtually certain they will receive the resources; and the monetary value can be measured reliably.
Grants and donations
Grants and donations are only included in the Income and Expenditure account when the charity has unconditional entitlement to the resources.
Volunteer help
The value of voluntary help received is not included n the accounts.
Liability recognition
Liabilities are recognised as soon as there is a legal and constructive obligation committing the charity to pay out of resources.
2 FUNDRAISING
| Summer Fair Raleigh Ball London marathon Restless Development triathlon Christmas Fair Easter Fair Christmas Cards / tea towels Horsley Big Day Out Your School Lottery Amazon Smile Cake sale Sports day refreshments Horsley Farmers Market New parents evening Giving Machine Fireworks Night Coffee morning Christmas Raffle Summer locations Challenge Summer Auction Easy2name |
£ £ £ £ £ £ INCOME COSTS NET INCOME COSTS NET £15,323 (£7,082) £8,241 £0 £13,388 (£7,484) £5,904 £0 £2,589 £2,589 £0 £2,063 £2,063 £0 £3,043 (£1,710) £1,333 £0 £1,981 (£780) £1,200 £0 £4,268 (£2,680) £1,589 £4,028 (£2,427) £1,601 £763 £763 £0 £681 £681 £893 £893 £405 £405 £292 £292 £283 £283 £0 £226 £226 £0 £206 £206 £0 £161 (£89) £72 £0 £20 £20 £35 £35 (£21) (£21) £0 £0 £3,514 £3,514 £0 £2,072 £2,072 £0 £900 £900 £0 £316 £316 £0 £60 £60 2022 2021 |
|---|---|
| £45,400 (£19,845) £25,555 £12,110 (£2,427) £9,683 |
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FRIENDS OF THE RALEIGH (SURREY)
NOTES TO THE ACCOUNTS
YEAR ENDED 31 JULY 2022
3 DIRECT CHARITABLE EXPENDITURE
| IT equipment Childnet talks Class donations Leavers books (2 years) DT resources Charanga music Cooking equipment French dictionaries Gardening Rug for shipmates Playground toys, storage and frisbees Outdoor picnic benches Christmas crackers FOTR insurance Misc costs FOTR accounts Ticket tailor charges BANK ACCOUNTS FOTR main bank accounts Petty cash PayPal account |
School FOTR - £ 900 £ 700 £ 644 £ 500 £ 260 £ 225 £ 112 £ 50 £ - £ - £ - £ 240 £ 128 £ 66 £ - £ - £ 3,391 £ 434 £ 2022 £ 30,418 £ 100 £ - £ 30,518 £ 2022 £ |
School FOTR 20,000 £ - £ 700 £ - £ - £ - £ - £ - £ - £ 200 £ 370 £ 250 £ 216 £ 123 £ - £ 160 £ 70 £ 2021 £ |
School FOTR 20,000 £ - £ 700 £ - £ - £ - £ - £ - £ - £ 200 £ 370 £ 250 £ 216 £ 123 £ - £ 160 £ 70 £ 2021 £ |
|---|---|---|---|
| 3,391 £ |
21,520 £ |
569 £ |
|
| 2021 £ 9,220 £ - £ 332 £ |
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| 9,552 £ |
- 4 BANK ACCOUNTS
5 EMPLOYEES' REMUNERATION and TRUSTEES' EXPENSES
The Trust has no employees and it does not pay remuneration or expenses to its Trustees.
6 MANAGEMENT EXPENSES
The Trust has no management expenses.
7 TRUSTEES
No remuneration or other benefits were paid to the Trustees or to people connected with them. No transactions were undertaken by or on behalf of the Charity in which a Trustee or a connected person has a material interest.
8 INDEPENDENT EXAMINER'S REMUNERATION
No examination or other fees were paid (2021 - £0).
9 ENDOWMENT OR RESTRICTED FUNDS
The Charity does not have any endowment or other restricted income funds.
10 OTHER DISCLOSURE ISSUES
The Charity does not have any commitments not provided for in the accounts.
The Charity has not given any guarantees.
The Charity does not receive any grants or subsidies.
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288279
FRIENDS OF THE RALEIGH (SURREY)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE FRIENDS OF THE RALEIGH (SURREY)
YEAR ENDED 31 JULY 2022
I report to the trustees on my examination of the accounts of Friends of the Raleigh (Surrey) (the charity) for the year ended 31 July 2022.
Responsibilities and basis of report
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 charity’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.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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2 the accounts do not accord with those records; or
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3 the accounts do not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of the independent examination.
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.
……………… Clive Baldock FCCA Independent Examiner 6 Manston Road, Guildford Surrey GU4 7YE
Date 24-May-2023
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