, Friends of Meath Ll Friends of Meath School Registered charity no 296077 Ralslng funds for Meath School for chlldren wlth speech, language and communlcation dlsablllty Report and Accounts for the year ended 31 August 2024 Contents Page Trustees, Report Receipts and Payments and Balance Sheet Notes to the Report and Accounts Independent Examinerfs Report
Friends of Meath School Trustees, Report for the year ended 31 August 2024 Structure, govemance and managen?ent Friends of Meath School (Friends of Meath) is a registered charity (number 296077), It was fomied in 1987 under a constitution which was updated on 22fKJ December 2017, and sets out the cliarity's object, details of membership and meetings, officials and finance requirements. The Object of Friends of Meath is to advance the education of the pupils attending Meath School and is furthered mainly by: raising funds to provide equipment, facilities or amenities not normally provided by the school helping parents of children attending the school to get to know one another better. Membership of Friends of Meath is open to all parents of children at the school (past and present), members of the school staff and others from the local community. Meetings are typically held once a month during term times with an open invitation to all members. Under the Friends of Meath Constitution Officers and Committee members are elected annually at the December Annual General Meeting (AGM). The AGM is held at the school after the end of term Christmas event. Officers, Committee members and Trustees during the year were: Name Nermen Haba Geoffrey Trowell Floor Izzard RachelTeasdale Trevor Smith Kimberley Bailey Michaela Winstanley Position held Chair Treasurer Secretary Chair Treasurer Secretary Chair ELOM To 13/1212022 1211212023 0110912021 1211212023 13112/2022 1211212023 1211212023 0310212025 1211212023 12/1212023 0310212025 All Officers, Trustees and Committee members time is unpaid and given voluntarily. Objectives and Activities Friends of Meath pay due regard to the guidance issued by the Charities Commission on public benefit when reviewing the charity's objectives and planning future activities. Friends of Meath works with Meath School to identify items or activities which will support and further the education of the current pupils at the school. Friends of Meath undertakes a range of fundraising activities to raise funds to make grants to the school for these items or activities. During the year Friends of Meath raised funds by selling glow sticks at the school firework event, organising a Christmas hamper raffle and the big event of the year is always the summer fair. Following consultation with the school, Friends of Meath transferred £25,000 to Meath School for the residential provision. Additional payments to the school of £807 were made for transport costs for the children and for subscriptions.
Friends of Meath School Trustees, Report for the year elided 31 August 2024 (continued) Achievements and Perforniance 1) Fundraislng Events and Donations We had another successful sumnier fair raising £5,946 after costs. The Christmas raffle raised £787 and the sale of glowsticks at the school fireworks event raised £390. Included within the summer fair total is £1,000 of matched funds secured by Mandy Bell from Barclays due to her support given at the summer fair. An additional £240 was received in regular monthly donations by tlie Knight Family Jonathan Chandley did an ultramarathon and faised £1,055 which will be reported in our 2025 report as the funds were received after the year end. 2) Funds Bequeathed to Frlends of Meath The net receipts for the year benefited substantially from a legacy gift from the late Vera Irene Almond. The executors of the estate are W Davies solicitors in Woking Bequeathed funds of £66,006 were received during the year. An initial payment of £15,000 was received in 2022. 2) Designated Funds Friends of Meath have designated £50,000 from unrestricted reserves for a new school playground. Fundraising will continue for the remainder of the required funds. 3) Restricted Funds and Grants The opening balance of the restricted funds which were raised by Oliver Bates's Ice Half Marathon and the Garfield Weston foundation grant in 2020 was £52,166 £25,000 was transferred to the school to support the residential provision. During this year we received a grant of £5,000 from the Manali Charitable Foundation which was allocated to specific school activities, leaving a closing restricted fund balance of £32,166, of which £27,166 is for the residential provision. Financial Review In the current year Friends of Meath had a surplus of receipts over payments of £53,684 thanks to the £66,006 legacy gift from Vera Almond (2023. deficit of £19,475). Carried forward funds are £162,528 (2023. £108,844) Unrestricted Funds has a surplus of £73,684. Excluding the bequeathment. it is £7,678. (2023. £7,525). Restricted Funds has a deficit for the year of £20,000 in light of the £25.000 transfer to the school for residential costs and the receipt of £5,000 from the Manali Charitable Foundation. Since 2020, when almost £140,000 was received in grants and donations for the residential provision, Friends of Meath has been making significant contributions to the Meath School residential provision. Only £27,133 remains We hope to secure further grants to ensure that we can continue to support this valuable provision which provides so many benefits to those children who stay over at school, Reserves Policy Friends of Meath aims to maintain a minimum balance of £10,000 to ensure that we have sufficient funds to run our three main annual events.
Friends of Meath School Trustees, Report for tlie year ended 31 August 2024 (continued) Administration costs All time spent in helping Friends of Meatli and furthering its objectives Is given without charge. No adniinistration costs have been claimed and all funds raised are used for School activities. The Trustees declare that tliey have approved the trustees, report above. Michaela Winstanley Chair Kimberley Bailey Secretary Trevor Martin Smith Treasurer
Friends of Meath School Receipts aiid Payment8 for the year elided 31 AiJgu8t 2024 Y•af •ndd 31 Aul 2023 Total ndj N•1 31 A 2024 Ileiiilclerf VTheililcl•rf roial lrtom• N•1 RECEIPTS Fu111•ct1lleS Incorne 8892 787 832 2,940 5.94 787 5,8J4 C618 rnfi S d 81 787 442 571 229 7.010 90 10.511 7.123 7.ln B•qh•d Fundg rK•fv•d (knaiiffis& Glft Ald 2,055 2,055 7.035 71.572 75,184 10,184.00 •,0. PAYMENTS (807) 693 1,500 (25.CQJ) (25,807) {27,fAY)) ryio .sio L500 25.000 NET RECEIPT3 FOR THE YEAR 78,sn 4,888 n.684 20.000 19,475 BALANCE SHEET Asai 31 Au824 Asal .31 Au124 Asat 31 Airf 24 Asat .31 Au123 NET ASSETS Cash ai Barc*s Bank Cash th Paypal Acc(xmt 130,041 321 130.362 32.166 162.207 321 161528 108.408 438 32.166 THE FUNDS OFTHECHARIIY Furmjs f(Therd sUrF (deficit) tbe year 56.678 73,684 52.166 (20.01)0) 108.844 128,319 (19.475) Furnls CafTled lorward 130.362 32.166 162.528 108.844 Approved by the Trustees on 2025 and signed on their behalf by. •,°gZ/< AJI4 kki Trevor Martin Smith Trustee Treasurer
Friends of Meath School Notes to the Report and Accouiits for year ended 31 August 2024 1. Accountlng Pollcleg a) The Financial Statemenls have been prepared In accordance wilh applicable accounting standards. b) Donations and Gift Aid on donations are included when received. c) Wliere income has related expenditure (as with events and aclivitieg) Ihe income and expenditu are reporled gross. 2. Restricted Fund8 Restricted Funds are amounts received which must be applied for a 8pecific purpose. The year end balance includes £27,166 which can only be used for the residentlal provision at Meath School and a further £5,000 for some specific school activities during the 2024-2025 school year. 3. Taxation Friends of Meath is a registered charity and is exempt from tax on its income where applied for chanlable purposes. 4. Trustee and independent examlner payments and related party transactions Trustees receive no payment or benefits for their role and no Trustee expenses were imbursed in the year. There were no related party transactions and no payment is made to the independent examiner.
Friends of Meath School Independeiit Examlner'8 Report to 1110 tru8tOO8 of Friends of Meath School l port to the trustees on my examination of the accounts of Friends of Meath School, Ch8nly nunil)ef 296077 ('the Tnjsl.) for the year ended 31 August 2024 Responsibllitles and bagls of report As the charity trustees of the Trust you are responsible for the Pfeparation of the accounts in accordance wth the requirements of the Charities Acl 2011 ('the Act.) l pOrt 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 Chanty Commission under section 145(5)(b) of the Act. Independent Examiner's statoment I have completed my examination. I confirm that no material matters have corne to my attention in connection wth the examination giving me cause to believe that, In any material respect: accounting records were not kept in in accordance with section 130 of the Act; or 2. the accounts do not accord with the accounting records. I have no concems 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. Abigail Knight 4 Willow Close Surrey KT15 3SB 1310612025