Friends of Meath Friends of Meath School Rggi$ternd ¢harity no 296077 Ral$ln9fvnd8for IAèath School for childrèn wlth 8¥w¢h. lguage and cunrnualion dlg•bll Report and Accounts for the year ended 31 August 2022 Contsnts Page Trustees. Report Independent examinerfs report Receipts and payments and balance sheet Notes to the Report and Accounts
Friends of Meath School Trustees, Report for the year ended 31 August 2022 Friends of Meath School {FOMI was fomied in 1987 as a Charty (registered number 296077) under a Constrtution which sels oul the Charity's Object, details ot membership and meetings, 0klS and finance requirements. The Object of FOM is to advance the edUCan of the putwls attending Meath Schcol and is furthered mainty by. raising funds to provide equipment. kn"irties or amenities not nomially provided by the school helping parents of chiklren attending the sch1 to get to know one another better Membership of FOM is open to all parents of children at the school {past artrd presenti, members of the school staff and others from the k)cal communty. Meetings are hekl generally around once a month during tem times wrth open invttatK)n to all members. Under the FOM Constitution OffI[S and Commitlee members are elected annually at the December Annual General Meets"ng. The AGM is held at the school after the end of tenn Christmas event. Offers, Committee members and Twstees during the year were.. To Vicky Noden Chair 7 Sep 2018 Jade Tsamplakos Secretary 13 De¢ 2019 Geoffrey Trowell Treasurer 1 Sep 2021 All Offir, Trustee and Commtttee members time is unpaid and given voluntarity.
Friends of Meath School Trustees, Report for the year ended 31 August 2022 (ctd) Main achievements and activities lj Fundraising activities and donaitrons The total net amount raised from fundraising activitEs was £9.049.SN) as compared to £1.442.68 in the previous financial year. The amount raised was predominantW through Lovis, Ben and Charlotte Magnani as well as Cathy Mitton who ran the London Marathon 1£2,883}, the Summer Fair {£2,186.111. The Sale of Glow sticks at the Firework event 1£1,476.801 and from the Ride London cycle event (£1.669.601 Ihe increase vs prior years takings was driven by more fund raising events as resull of COVID restnctions during the previous financial year and a tremendous effort by all fund raisers and sponsors given there are onty around 60 children at Meath Sch(. Included wtthin our fundraising funds is £3,163 of matched fvnds secured by Caroline Slade (£2,413 for the Summer Fair and Fireworks). Catherine Millon {£500- London Marathon) and Geoff Trowell1£250 for Ride London). 2) Funds Bequeathed to Friends of Meath It was bought to the Chairfs attention earfy in 2022 that the late Vera Irene Almond has bequealhed 10 % of her estste to Friends of Meath Chanty. The execLrtors of the estate are W Davies solicrtors in Woking. Circa half of the estate consists of propety {3 Barrens Close Woking, GU22 7JZI and has to date not been sold as the propety has Subsiden which is undergoing investigation repair, the property had a further reading for movement t8ken in mid-August and we await an update on this. rf the movement is at a minimal Ve1 the decision will be made rf the next stage of the repair can be Carr out. Friends of Meath have received an interim payment of £15.000 on the 1810212022 and current estimate is that the deceased's estate is worth c. £900.0 subject to cosls of selling and repairs to the subsidence 3) Grants from Unrestricted Funds for School equipment and activities During the year £1,070.83 was transfetted to the school providing funding for Christmas gifts for the children. the Seesaw pLqtfom, the for the Kids Out excursion and trophies for Sports Day 4) Restrl¢ted Funds Recelpts and Payments The opening balance of the restricted funds which were generated from funds raised from Oliver Bates's Ice Half Maralhon and the Garfield Weston foundation in previous years was £99,928. During the year £20,762 was transferred to the school in lieu of residential funding and leaving a closing. restricted fund balance of £79,166
Friends of Meath School Trustees, Report for the year ended 31 August 2022 (ctd) Financial position arnl seThe policy In the Current year Friend's of Meath had a surplus of receipls over payments with an overall surplus of £128,319 {£125,833 in Ihe previous year). For Unrestricted Funds there is a surplus of £23.248 for the year {£38.788 deficit in the previous yearl For Resthcted Funds there a deficil the year of £20.762 in light of the transfer to the residenlial funds and no addtlions to the fund in year. These funds relate to the Residential provision at Meath School and will transferred to the school as needed over the next few years. Other expenditure A leaving present was purchased for Claire Young vA)o left the schcol for £136.00 and four additional debit card machines were purchased for £57.60 to support future events, mrtigating the need for accepting cash from Friends of Meath Supporters Administration costs All time spenl in helping FOM and furthering Éts objectrve is given without charge. No administration costs have been claimed and all fijnds raised are used for School activities. Public Benefit Under guidance published by the Charity Commission, Chartlies must demonstrate public benefit from their activities. FOM fulrils this by working wrth Meath School to identify items or activities which will support and further the education of the current pupils at the school. The Friends then undertake a range of fundrdising actwilies to raise funds to make granls lo the School for Ihese items or activities_ The Trustees declare that they have approved the trustees. report above. Wicky Noden Chair Jade Tsamplakos Secretary Geoffrey Trowell Treasurer
Friends of Meath School Receipts and Payments for the year ended 31 August 2022 Yearended 31 Auz 20ZI Total 31 2022 Urtre51wKted fund5 InLOrt Costs Total RECEIPTS FundrabkngactMts mmer Fa 5,819 3.633 1186.11 603 453 1.476.80 231 2.186 1.208 sa of 8t fvowtrks ert 1,930 231 1.477 231 2.883 1.670 9.050 235 LffiJ Maraitr 3,W 1.8W 1.669.60 15,046 5.9 9,049 1,442.68 15.Crty) 15.tXX) 15.000 Donatn5 & Gfft Akl s008 5996 2411 24512 4.511 PAYMErirs 1.071 11.0711 120.7621 121.833} 194 {42.97n 1264 112641 120.7621 143.2991 NET RECEIPTS FOR THEYEAR 30 7261 13.248 BALANCE SHEET ' 31N421 . 31th22 >iAu8 NET Cash al Bardays Bar f*h Paypal 79.1 127.846 473 128319 184.621 473 49.153 79.166 164.621 THE FUNfJS OFTHE CHARITY 25.9)5 23.248 49.153 99.928 20.7Vd 79,166 125.W33 164.621 38.78B iZ5.833 sLypIL (del) for y8¥ Funds £attlÈd forward ApprthEd by Tt c Gedfrey Trow Trltse Tr&8$uer
Friends of Meath School Notes to the Report and Accounts for year ended 31 August 2022 1. Accounting Policies al The Financial Statements have been prepared in acC(danCe with appluble accounting standards. b} Donations and Gift Aid on donations are included vthen r1Ved. c} whe income has related expendf(ure (as wtlh events and activttiesl the income and expendilure are reported gross. 2. Restricted Funds Restricted Funds are amounts red whh must be applied for a Specif purpose. All amounls (arried forward at the end of the year relate to the Residential Fund. 3. Taxation FOM is a registered charFty and is exempt from tax on tls income where applied for ch8rilable purposes. 4. Trustee and indepgndent examiner payments and related party transaGlions Trustees receive no payment or benefrts for Iheir role and no Tmstee expenses were reimbursed in Ihe year. There were no reIed transactions and no payment is made to the independent examiner.
Friends of Meath School Independent Examinerfs Report to the trustees of Friends of Meath School I report to the trustees on my examination of the accounts of Friends of Meath School, Charty number 296077 {'the Trust,) for the year ended 31 August 2022 Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in aOrdan with the requirements of the Charities Act 2011 ('the AGt'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent Examine5 statement I have completed my examination. I confirni that no material matters have Come to my attention in connection wth the examination giving me cause to telieve that, in any material respect.. acGounting records were not kept in in acwrdance with section 130 of the Act,. or 2. the accounts do not accord with the accourrting records. I have no COnmS and have come across no other matters in connection viith the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Hannah Sullivan "Sullivan & Petters Ltd 9 Glaziers Lane. Nomiandy, Guildford GU3 2DD 12- April 2023.
Friends of Meath School