CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Charity No: 289742 PRICE MANN LIMITED CHARTERED CERTIFIED ACcOU￿ANTs MAGNOLIA HOUSE, SPRING VILLA PARK 11 SPRING VILLA ROAO EDGWARE HA87EB CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Contents PAGE Legal and Administrative information Trustees, Report Independent Examiner's Report Statement of Finan¢ial Activities Balance Sheet Notes to the Accounts 10-13 CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Legal and Administrative Information Trustee5'. Mrs Emma Allen (President) Mrs Gu15haran Mcdermtstt (Vice President) Mr Terence Hudson (Vice Pre5idenil Mr Adam Allen (Vice President) Mr Paul Willson (Chairperson) Mr Carl Baroni (Vice Chairperson) Mrs Toni Williams (Treasurer) Mrs Jemma Taylor ISecret3ry1 Mr Edward Fowles (Officer) Mr5 Susan Cumbers (Officer) Mrs Jean Challis (Officer) Mr5 Michelle Robinson Iofficerl Charlty Number: 289742 Charlty'5 Prlnclpal Address: c/0 Corbets Tey School Harwood Hall lane Upminster Essex. RM14 2YQ Banker5: CAF Bank Limited 25 Kings Hill Avenue West Mallin8 Kent. ME19 4JQ Independent Emamlners.. Shaileen Shah Price Mann Limited Chartered Certified Accountants Magnolia House, Spring Villa Park 11 Spring Villa Road Edgware HA8 7E8 CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION Trustees, Report for the Year Ended 31 August 2025 The Trustee5 present their report together with the financial statement5 of the Charity for the year ended 315t Au8USt 2025. The financial statements have been prepared in accordance with the accounting policies Set out on page 10 and comply with the chaiity's trust deed and applicable law. Constitution, objerts and policies The objects of the association are to advance the education of the pupils of Corbets Tey School by providing and assisting in the provision ol facilities not normally provided by the Local Education Authority lor education in the school. The a5SOCl8tion shall be non-politital and non-se¢tarian in the s¢hool. The policy of the Trustees continues to seek additional finance and support to continue to run the A5SOClation. Trustees The Trustees named on page 3 have served in the year. Oevèlopmènts. adlvltles and athlevèments and futurè dÈvelopmÈnts The Parents and Friends Association's activities Include organising fundraising actlvities such as letes, golf day5, raffles. sponsored event5 and 8ainin8 SUPPQrt from charitable and 8rant 8ivin8 or8anisations. The management committee mana8e and oversee the allocation of any funds raised to ensure that they are used to benefit the children attendin8 the school. The members of the association also organise variou5 $0¢i8llun¢tions for ¢hildren. parenis/¢arers. staff and friends of ihe s¢hool. These events take pla¢e throughout the year and include live bands, tribute bands, discos and quiz ni8hts. Grants of Con5klerable value The following significant donations were received in the year.. Goll Day RGC 8rickendon Grange Romlord Golf - Captains Charity £14,549 £20,265 £2$,￿A} CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION st Trustees, Report for the Year Ended 31 August 2025 Developments, activities and achievements and futu￿ developments Icontdl. E¥entslAetl¥ltSes Sensory Garden Refurbishment Xmas Children's Gift Xmas Entertainment and Activities Variou5 Classroom Activites Leavers Prom Avelon Outside and Sensory Resources Residential Trips F5nantSal RÈvlew The Charity with the sUPPOrt of it5 donors, staff and volunteers, generated incomin8 resources of £72,612 Total resources expended were £78,703. This has resulted in a defKit of £6,091 in the year. R15k Mana8ement The Trustees have ¢ondu¢ted a review of ihe major risks to whi¢h ihe ¢harity is exposed. A risk registèr has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Internal control risks are minimised by the implementation of procedures for auihorisation of all iransactions. Pio¢edures are in plate to ensure compliance with health and safety of staff, volunleers, clients and visitors. There are vetting procedures as required by law for the protection of the children. These procedures are periodically reviewed to ensure that they continue to meet the needs of ihe charity. Reserves pollcy The association is a Small charity with a simple, stable pattern ol receipt5 and payment5, few if anv commitments, and little susceptibility to factors outside its own control. In normal circumstances, it is considered that the association has no reason to hold reserves in large amounts. New capital or revenue project5 will only be approved by officers and 5UPPOrted financially by the association, when revenue is already in place within its funds or followin8 a successful application for grant funding, where pledged support has been received in writing. The association funds will not be allowed to 80 into deficit. QNd�M�� �MQRNNJ�HO�M�Oe�fLOeM�MMNQL�LNO ## �� � � � ���� �� �� � � � � C/!$3% $!! '3!3! -)* &("!=)3-3!-'3&*,$/!C3% $!! ST**%'"8!-)3$'*.$/!=&*'*#&'" $'$!1!*$ &* '##)3.'*#!<&$/'--"&#'("!"'< '*.U*&$!.V&*,.)1 T##)%*$&*,6$'*.'3. WU*&$!.V&*,.)1 X!*!3'""0 T##!-$!.�T##)%*$&*,�93'#$&#!Y@ C/!"'<'--"&#'("!$)#/'3&$&! &*Z*,"'*.'*.['"! 3!\%&3! $/!C3% $!! $)-3!-'3!=&*'*#&'" $'$!1!*$ =)3!'#/=&*'*#&'"0!'3�$/!�$3% $!! �'3!�3!\%&3!.�$)E - �� !"!#$� %&$'("!�'##)%*+*,�-)"&#&! �'*.�$/!*�'--"0�$/!1�#)* & $!*$"02 - �)( !34!�$/!�1!$/). �'*.�-3&*#&-"! �&*�$/!�5/'3&$&! �67892 - �1':!�;%.,!1!*$ �'*.�! +1'$! �$/'$�'3!�3!' )*'("!�'*.�-3%.!*$2 **�** - �� $'$!�� %(;!#$�$)�'*0� .!-'3$%3! �.& #") !.�'*.�!?-"'&*!.�&*�$/!�=&*'*#&'"� $'$!1!*$ 2 - �-3!-'3!�$/!�'##)%*$ �)*�'�,)&*,�#)*#!3*�(' & �%*"! �&$�& �&*'--3)-3&'$!�$)�-3! %1! �$/'$�$/!�#/'3&$0�<&""�#)*$&*%!�&*�(% &*! @ C/!$3% $!! '3!3! -)* &("!=)31'&*$'&*&*,-3)-!3'##)%*$&*,3!#)3. llrllesamd basls of wort As the charity tiustees of the Trust you are responsible for the preparatlon of the accounts in accordance with the requirements of the Charitles Att 20111.the Att'l. I report in respect of my examination of the Trustee's accounts carrled out under sectioft 145 of the 2011 Art and in carying out my examination I have Followed all the appll¢abSe Thrections given by the Charlty Comrnisslon under 5ertion 14515llbl of the 2011Art. Independentex•mlw's st*t•rnent I have completed my examinatlon. I confirm that no material rnatters have come to my attention in nne¢tlon wlth the examination 8fvlt)g me £ause to believe that In arry matertal respect.. 111 a£wuntSrFB fecord5 were not kept in respect of the Trvst as requlred bysection 130 of the ACL. or 121 the accounts do not accord wlth those records.. or I have no concerns and have come across no other matter5 in connectlon with the examinatlon to whi¢h attention should be drawn in this report in order to enablè a proper under5tandin8 of the accounts to be le￿hed. Shailee Shah pri￿ Mann LiFDited Chartered Certified Accountants Maznoli• House, Sprin8 Villa Park 11 Sprin8 Villa Road Ed8wa¥e F148 7EB Date.. CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION Statement of Financial Activities For the Year Ended 31 August 2025 General Restrltted funds funds Notes 2025 2024 Income Oonations 68,618 2,063 70,681 96,741 Investment In¢ome 1,931 1.931 1.009 Total Incom• 70,549 2,063 72,612 97,750 Expendlture Charitable Activitie5 61al 6,597 68,344 74.941 58,892 Other- Admlnlstration Costs 61bl 3.762 3.762 2.119 Total EKpendlture 10,359 68,344 78,703 61,011 NET INCOME EXPENDITURE 00,1￿ 166,2811 16,0911 52,369 Transfer between funds 158,0261 S8.026 Gain5 & Loses on Investment Assets Total funds brought forward on 1st September 2024 67.476 53.883 121,359 84.620 TOTAL FUNDS CARRIED FORWARD 69.640 45.628 115,268 136.989 The Statement of financial activities includes all gains and losses in the year. All income and expenditure derive from continuin8 activites. CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION Balance Sheet as at 31. August 2025 2025 2024 NotE5 Fixed Assets Invesiments 455 455 Current Assets Cash Bt bank and in hand io 116.613 120,904 J17,068 121,359 Creditors.. Amountsfalllng due within one year Accountancy fees 1.800 115.268 121,359 Net A55ets 115,268 121.359 Re51ficied Fund5 Unrestricted General Fund5 45,628 69.640 53.883 67,476 115,268 121,359 Approved by the TrusroÈs on 1916126 nd signed on their behalf.. Opcuslq￿bY'. 48CÈB16106OD4Y7 MR. PAUL WILSON- TRUSTEE MRS. TONI WILIIA -TRU5 EE CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION Notes to the Accounts st for the Year Ended 31 August 2025 BASIS OF PREPARATION The financial slatemenls have been prepared in accordance with Accounting and Reportin8 bv Charities: Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelènd IFRS 1021 leffective I january 20191 Icharities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The Trust meets the definition of a public benefit entity under FRS 102. FUNO ACCOUp￿I￿G Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity. Desi6nated funds are Unrestricted funds which the Trustees have decided at their discretion to set aslde lor speclfic purposes. Restricted funds are subjected to restriction on their expenditure imposed by the donor. ACCOUNnNG POLICIES The principal accounting policies are summarised below. The a¢counting policies have been applied consistently throu8hout the year and in the precedin8 year. (al Intomln8 resources All incoming resources are included in the statement of linancial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. Investment income is included when received. Ibl Resources Èxpended Expenditure is accounted for on an accruals basis. Expenditure on mana8ement and administration of the charity includes all expenditure not directly related to the charitable activity. io CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION Notes to the Accounts for the Year Ended 31'August 2025 (Contd.) DONATIONS Gèneral Fund Restrfrtèd 2025 Funds 2024 General Donation5 Grant Just giving Brickendon Gran8e Romford Golf Club Sensory Garden Upminster School Foundation Rebound Therapy CTS Charity Golf Dav Eddie5 80th 4,673 4,673 10,934 6,384 9,463 20,490 31,250 4.131 20,265 25.¢XKJ 4.131 20,265 25,OC() 1.663 4(JJ 1.663 70 14,300 3,850 14.549 14,549 68,618 2,063 70.681 96.741 INVESTMENT INCOME 2025 2024 Bank inierest received Dividends received 1,931 1,931 li CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION Notes to the Accounts for the Year Ended 31'August 2025 (Contd.) EXPENOITURE ON CHARtrABLE ACTlVtnES Gèneral Fund Restrfrtèd 2025 Funds 2024 Activities Sensory Playground Avèlon Outside Area Ash Class Outside Area Event Expenses Leavers Prom Children Gifts Classroom Equipment Residential Trip Rebound Therapy- In Memory Others 63.662 1.240 63,662 1.428 724 43,086 510 3,037 5,221 3,017 317 1.349 2,938 317 1.349 2,938 1,889 1.137 445 1.137 3,297 361 1,860 2,221 6.597 68,344 74,941 58,892 General Restrlcted 2025 2024 Establishment Expenses Insurance Accountancy Fee12024 Accounts) Accountancy Fee 12025 Accounts) 162 1,8CKI 1.8 162 1,8 1.8 319 1,8 3.762 3,762 2,119 TOTAL EXPENDITURE 10,359 68.344 78,703 61,011 12 CORBETS TEY SCHOOL PARENTS AND FRIENDS ASSOCIATION Notes to the Accounts for the Year Ended 31'August 2025 (Contd.) Funds The movement of Restricted funds in the year wa5 a5 follow5.. Balantt Incomln8 Outgolng Transfers Balance I Sept. Funds Funds 31st Au8U5t 2024 2025 dFun Others 53.883 2.063 168.3441 58.026 45.628 53,883 2,063 168,3441 58,026 45,628 TRUSTEES REMUNERATION AND RELATED PARTh TRANSACTIONS No Trustee received any remuneration durin8 the year and no Trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charitv during the year. INvESTME￿s The charity holds 126 shares in Banco Santander SA. io CASH AT BANK ANO IN HAND 2025 20Z4 Cash At Bank 116.613 120,904 13