## **Trustees’ Annual Report for the period**
**From 01/10/2023 To 30/09/2023**
## **Charity name: The Friends of Lady Joanna Thornhill (Endowed) School**
## **Charity registration number: 298123**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the Association are to
advance the education of the pupils of the
School by providing and assisting in the
provision of facilities for education at the
School (not normally provided by the Local
Education Authority) and, as an ancillary
thereto, and in furtherance of this object,
the Association may:
(a) foster more extended relationships
between the staff, parents and others
associated with the school; and
(b) engage in activities which support the
School and advance the education of the
pupils attending it.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The Charity has been organising different
events/activities throughout the year to
raise funds like Firework Display, Christmas
Fair, Summer Fair as well as cake and
second hand uniform sales.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|As trustees of Friends of Lady Joanna
Thornhill (Endowed) School, we affirm that
we have had due regard to the guidance
issued by the Charity Commission in
relation to public benefit, as per section 4 of
the Charities Act 2011.
We acknowledge that it is our legal
responsibility to carry out the charity’s
purposes for the public benefit. In line with
this, we continuously evaluate the impact of
our activities and ensure they are in
accordance with the charitable object to
advance the education of the pupils of the
school by providing and assisting in the
provision of facilities for education at the
school. To uphold the principles of public
benefit, we have undertaken the following
actions:|
|||1.
**Transparency**: We ensure that
information about the charity, its
mission, and its activities are easily
accessible to the public, thereby
fulfilling the criterion of 'identifiable
benefit'.
2.
**Accessibility**: We aim to make the
educational facilities and programs
available to as wide a section of the
public as possible, taking into
consideration financial, geographic,
and other potential barriers to
access.
3.
**Effectiveness**: We regularly review
our programs and initiatives to
ensure they effectively serve the
educational needs of the pupils and
make appropriate changes as
necessary.
4.
**Accountability**: We maintain
accurate and transparent financial
records, make timely submissions to
the Charity Commission, and uphold
the highest standards of
governance to maintain public trust.
We commit to revisiting the Charity
Commission’s guidance and reviewing this
statement annually to ensure it remains
accurate and reflects any updates to the
guidance.|
|---|---|---|
## **Achievements and Performance**
||SORP
reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Summary of Main Achievements**
**1.Strenghtening Community Bonds:**Our
initiatives have acted as a catalyst in
bringing the local community closer
together. Through events, volunteer
opportunities, and community outreach,
we've fostered a strong sense of unity and
belonging among members of the
community.
**2.Successful Fundraising Activities**Over
the past year, we've organised a diverse
array of fundraising events including cake
sales, Coronation towel designs, Winter
and Summer Fairs as well as a Firework
display. These events have not only met but
exceeded our financial goals, enabling us
to fund essential school programs and
improvements.
**Impact on Beneficiaries**
1.
**Enhanced Learning Environment**:
The funds raised have been|
|||||||||
|---|---|---|---|---|---|---|---|
||||||instrumental in providing better|||
||||||learning resources, updated|||
||||||technology, and improved|||
||||||infrastructure for the school, directly|||
||||||benefitting the students.|||
|||||2.|**Increased Community**|||
||||||**Participation**: The various activities|||
||||||have led to a higher rate of|||
||||||community involvement in school|||
||||||affairs. This engagement has not|||
||||||only supported the school but also|||
||||||empowered individuals to contribute|||
||||||positively to local education.|||
|||||3.|**Student Development**: The|||
||||||improved facilities and programs,|||
||||||funded through our charity efforts,|||
||||||have contributed to an enriched|||
||||||educational experience for students.|||
||||||This helps in developing|||
||||||well-rounded individuals who excel|||
||||||not just academically but also in|||
||||||extracurricular activities.|||
|||||||||
||||**Wider**||**Benefits to Society**|||
|||||1.|**Social Cohesion**: A community that|||
||||||comes together for the benefit of|||
||||||education is likely to collaborate on|||
||||||other social issues as well. This has|||
||||||long-term implications for societal|||
||||||harmony and collective|||
||||||problem-solving.|||
|||||2.|**Promotion of Philanthropy**: Our|||
||||||successful fundraising campaigns|||
||||||serve as a model for other|||
||||||organisations, inspiring them to|||
||||||undertake charitable activities of|||
||||||their own.|||
|||||3.|**Civic Responsibility**: By involving|||
||||||young students in charity events, we|||
||||||are instilling a sense of civic duty|||
||||||and compassion, qualities that are|||
||||||essential for building a|||
||||||conscientious future generation.|||
|||||||||
|||||||||
|||||||||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21||
|
Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22||
|
Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Structure, Governance and Management**
|Description of charity’s
trusts:||**Friends of Lady Joanna Thornhill**
**(Endowed) School is a Charitable trust**|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution last changed October 19th,**
**2022**|
|How is the charity
constituted?|Para 1.25|The management and control of the
Association is vested in a Committee which
consists of the President, one other
member of the teaching staff and nine
others, who shall be elected at the Annual
General Meeting. Other members from the
following sources: parents, members of the
staff of the School, members of the Friends
of the School.|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The Chair, Treasurer and Secretary is
elected at the Annual General Meeting from
the newly elected Committee members. If
any office is not filled at the AGM, the
Committee may elect its own officers at its
first Committee meeting, to be convened by
the President.**_The tenure of the Chair,_**
**_Treasurer and Secretary is for two years._**|
## **Reference and Administrative details**
|Charity name|The Friends of Lady Joanna Thornhill (Endowed) School|
|---|---|
|Other name the charity uses||
|
Registered charity number|298123|
|Charity’s principal address|Bridge Street,
Wye
Ashford
Kent
TN25 5EA|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**
**Nam**
**e of**
**pers**
**on**
**(or**
**bod**
**y)**
**entit**
**led**
**to**
**app**
**oint**
**trust**
**ee**
**(if**
**any)**|
|---|---|---|---|
||Stella Llong|01/10/22-30/09/23||
||Teodora
Dimitrova-Smith|01/10/22-30/09/23||
||Elsepeth Dunn|01/10/22-30/09/23||
||Alison Wood|01/10/22-30/09/23||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
– Corporate trustees names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**||||
|||||
|||||
|||||
|||||
|**Name of chief executive or names of senior staff members (Optional information)**||||
|||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
## **The trustees declare that they have approved the trustees’ report above.**
## **Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Elsepeth Dunn **Position (eg Secretary,** Secretary **Chair, etc)**
**Date** 10.10.23
||**Friends of Lady Joanna Thornhill School**|**Friends of Lady Joanna Thornhill School**|**Friends of Lady Joanna Thornhill School**|**Friends of Lady Joanna Thornhill School**|**Friends of Lady Joanna Thornhill School**|**298123**|**298123**|**298123**|**CC16a**|
|---|---|---|---|---|---|---|---|---|---|
||**For the period**
**from**||1/10/2022||**To**||30/9/2023|||
|||||||||||
|**Section A Receipts and payments**||||||||||
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**||**Restricted funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**||**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**|
|Fundraising|**-**
**25,728-**||**-**
**--**||**-**
**--**||**-**
**25,728-**||**-**
**--**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
|**_Sub total_**_(Gross income for AR)_|**-**
**25,728-**||**-**
**--**||**-**
**--**||**-**
**25,728-**||**-**
**--**|
|||||||||||
|**A2 Asset and investment sales, (see**
**table).**||||||||||
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|||
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
|**_Sub total_**
**_Total receipts_ **
**A3 Payments**|**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
|||||||||||
||**-**
**25,728-**||**-**
**--**||**-**
**--**||**-**
**25,728-**||**-**
**--**|
|||||||||||
|Fundraising Expenses|**-**
**8,589-**||**-**
**--**||**-**
**--**||**-**
**8,589-**||**-**
**--**|
|Running Expenses|**-**
**1,941-**||**-**
**--**||**-**
**--**||**-**
**1,941-**||**-**
**--**|
|Insurance|**-**
**140-**||**-**
**--**||**-**
**--**||**-**
**140-**||**-**
**--**|
|||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**A2 Asset and investment sales, (see**||||||||||||||||||||||||
|**table).**||||||||||||||||||||||||
|||**-**|**--**|||**-**||**--**|||**-**||**--**|||**-**|**--**|||||||
|||**-**|**--**|||**-**||**--**|||**-**||**--**|||**-**|**--**|||**-**||**--**||
|**_Sub total_**||**-**|**--**|||**-**||**--**|||**-**||**--**|||**-**|**--**|||**-**||**--**||
|||||||||||||||||||||||||
|**_Total receipts_ **||**-**|**25,728-**|||**-**||**--**|||**-**||**--**|||**-**|**25,728-**|||**-**||**--**||
|**A3 Payments**||||||||||||||||||||||||
|Fundraising Expenses||**-**|**8,589-**|||**-**|**--**||||**-**|**--**||||**-**|**8,589-**|||**-**|**--**|||
|Running Expenses||**-**|**1,941-**|||**-**|**--**||||**-**|**--**||||**-**|**1,941-**|||**-**|**--**|||
|Insurance||**-**|**140-**|||**-**|**--**||||**-**|**--**||||**-**|**140-**|||**-**|**--**|||
CCXX R1 accounts (SS)
28/02/2024
1
|Donation to School|||**-**|**22,430-**|||**-**|**--**|||**-**|**--**|||**-**|**22,430-**|||**-**|**--**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||**_Sub total_ **||**-**|**33,099-**|||**-**|**--**|||**-**|**--**|||**-**|**33,099-**|||**-**|**--**||
|||||||||||||||||||||||
|**A4 Asset and investment**||||||||||||||||||||||
|**purchases, (see table)**||||||||||||||||||||||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||||||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||||||
||**_Sub total_ **||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||||||
|**A4 Asset and investment**|||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**purchases, (see table)**|||||||||||||||||||||
|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||||||
|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||||||
|**_Sub total_ **||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||||||
||||||||||||||||||||||
|**_Total payments_ **||**-**|**33,099-**|||**-**|**--**|||**-**|**--**|||**-**|**33,099-**|||**-**|**--**||
||||||||||||||||||||||
|**_Net of receipts/(payments)_ **||**-**|**7,372-**|||**-**|**--**|||**-**|**--**|||**-**|**7,372-**|||**-**|**--**||
|**A5 Transfers between funds**||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
|**A6 Cash funds last year end**||**-**|**18,185-**|||**-**|**--**|||**-**|**--**|||**-**|**18,185-**|||**-**|**--**||
|**_Cash funds this year end_ **||**-**|**10,814-**|||**-**|**--**|||**-**|**--**|||**-**|**10,814-**|||**-**|**--**||
||||||||||||||||||||||
## **Section B Statement of assets and liabilities at the end of the period**
||||||||**Unrestricted**|||**Restricted funds**|**Restricted funds**||||**Endowment**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||**Categories**|**Details**||||**funds**||||||||**funds**||
||||||||**to nearest £**||||**to nearest £**||||**to nearest £**||
|**B1**|**Cash**|**funds**|Bank Current Account|||**-**|**10,814-**|||**-**|**--**|||**-**|**--**||
|||||||**-**|**--**|||**-**|**--**|||**-**|**--**||
|||||||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**_Total cash funds_**|||**-**|**10,814-**|||**-**|**--**|||**-**|**--**||
||||(agree balances with receipts and payments account
(s))|||OK||||OK||||OK|||
CCXX R2 accounts (SS)
28/02/2024
2
|**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|**Details**|**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|---|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||||**Current value**
**(optional)**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**Current value**
**(optional)**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
CCXX R3 accounts (SS)
28/02/2024
3
**B5 Liabilities**
Signed by one or two trustees on behalf of all the trustees
||||||**-**|**--**||**-**|**--**|
|---|---|---|---|---|---|---|---|---|---|
||||**Fund to which**||**Amount due**||||**When due**|
||**Details**||**liability relates**||**(optional)**||||**(optional)**|
||||||**-**|**--**||||
||||||**-**|**--**||||
||||||**-**|**--**||||
||||||**-**|**--**||||
||||||**-**|**--**||||
||Signature||Print|Name||||Date of approval||
|||||||||||
|||||||||||
CCXX R4 accounts (SS)
28/02/2024
4
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2023**
**REGISTERED CHARITY NO. 298123**
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **CONTENTS**
|**CONTENTS**|**Page No.**|
|---|---|
|Legal and Administrative Details|1|
|Report of Trustees|2 - 5|
|Independent Examiner’s Report|6|
|Statement of Financial Activities|7 - 9|
|Balance Sheet|10|
|Notes to the Accounts|11 - 13|
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **LEGAL AND ADMINISTRATIVE DETAILS**
## **PRINCIPAL ADDRESS**
## **TRUSTEES**
Bridge Street, Wye, Ashford, Kent TN25 5EA A. Wood R. Hoare E. Dunn
## **KEY MANAGEMENT PERSONNEL**
**KEY MANAGEMENT PERSONNEL** Trustees as above **GOVERNING DOCUMENT** Memorandum and Articles of Association. Incorporated 6 July 2004. **INDEPENDENT EXAMINERS** Ms A Simmonds, MAAT
Page | 1
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **REPORT OF TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **SUMMARY OF THE PURPOSES OF THE CHARITY AS SET OUT IN ITS GOVERNING DOCUMENT**
The objects of the Association are to advance the education of the pupils of the School by providing and assisting in the provision of facilities for education at the School (not normally provided by the Local Education Authority) and, as an ancillary thereto, and in furtherance of this object, the Association may:
(a) foster more extended relationships between the staff, parents and others associated with the school; and
(b) engage in activities which support the School and advance the education of the pupils attending it.
## **SUMMARY OF THE MAIN ACTIVITIES IN RELATION TO THOSE PURPOSES FOR THE PUBLIC BENEFIT, IN PARTICULAR, THE ACTIVITIES, PROJECTS OR SERVICES IDENTIFIED IN THE ACCOUNTS.**
The Charity has been organising different events/activities throughout the year to raise funds like Firework Display, Christmas Fair, Summer Fair as well as cake and second hand uniform sales.
## **STATEMENT CONFIRMING WHETHER THE TRUSTEES HAVE HAD REGARD TO THE GUIDANCE ISSUED BY THE CHARITY COMMISSION ON PUBLIC BENEFIT**
As trustees of Friends of Lady Joanna Thornhill (Endowed) School, we affirm that we have had due regard to the guidance issued by the Charity Commission in relation to public benefit, as per section 4 of the Charities Act 2011.
We acknowledge that it is our legal responsibility to carry out the charity’s purposes for the public benefit. In line with this, we continuously evaluate the impact of our activities and ensure they are in accordance with the charitable object to advance the education of the pupils of the school by providing and assisting in the provision of facilities for education at the school. To uphold the principles of public benefit, we have undertaken the following actions:
Transparency: We ensure that information about the charity, its mission, and its activities are easily accessible to the public, thereby fulfilling the criterion of 'identifiable benefit'.
Page | 2
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **REPORT OF TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023**
Accessibility: We aim to make the educational facilities and programs available to as wide a section of the public as possible, taking into consideration financial, geographic, and other potential barriers to access.
Effectiveness: We regularly review our programs and initiatives to ensure they effectively serve the educational needs of the pupils and make appropriate changes as necessary.
Accountability: We maintain accurate and transparent financial records, make timely submissions to the Charity Commission, and uphold the highest standards of governance to maintain public trust.
We commit to revisiting the Charity Commission’s guidance and reviewing this statement annually to ensure it remains accurate and reflects any updates to the guidance.
## **SUMMARY OF THE MAIN ACHIEVEMENTS OF THE CHARITY, IDENTIFYING THE DIFFERENCE THE CHARITY’S WORK HAS MADE TO THE CIRCUMSTANCES OF ITS BENEFICIARIES AND ANY WIDER BENEFITS TO SOCIETY AS A WHOLE.**
Summary of Main Achievements: Strengthening Community Bonds: Our initiatives have acted as a catalyst in bringing the local community closer together. Through events, volunteer opportunities, and community outreach, we've fostered a strong sense of unity and belonging among members of the community.
Successful Fundraising Activities Over the past year, we've organized a diverse array of fundraising events including cake sales, Coronation towel designs, Winter and Summer Fairs as well as a Firework display. These events have not only met but exceeded our financial goals, enabling us to fund essential school programs and improvements.
Impact on Beneficiaries: Enhanced Learning Environment: The funds raised have been instrumental in providing better learning resources, updated technology, and improved infrastructure for the school, directly benefitting the students.
Increased Community Participation: The various activities have led to a higher rate of community involvement in school affairs. This engagement has not only supported the school but also empowered individuals to contribute positively to local education.
Page | 3
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **REPORT OF TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023**
Student Development: The improved facilities and programs, funded through our charity efforts, have contributed to an enriched educational experience for students. This helps in developing well-rounded individuals who excel not just academically but also in extracurricular activities
## **WIDER BENEFITS TO SOCIETY**
Social Cohesion: A community that comes together for the benefit of education is likely to collaborate on other social issues as well. This has long-term implications for societal harmony and collective problem-solving
Promotion of Philanthropy: Our successful fundraising campaigns serve as a model for other organisations, inspiring them to undertake charitable activities of their own.
Civic Responsibility: By involving young students in charity events, we are instilling a sense of civic duty and compassion, qualities that are essential for building a conscientious future generation.
## **DESCRIPTION OF CHARITY’S TRUSTS**
Friends of Lady Joanna Thornhill (Endowed) School is a Charitable trust
The management and control of the Association is vested in a Committee which consists of the President, one other member of the teaching staff and nine others, who shall be elected at the Annual General Meeting. Other members from the following sources: parents, members of the staff of the School, members of the Friends of the School.
## **TRUSTEE SELECTION METHODS**
The Chair, Treasurer and Secretary is elected at the Annual General Meeting from the newly elected Committee members. If any office is not filled at the AGM, the Committee may elect its own officers at its first Committee meeting, to be convened by the President. The tenure of the Chair, Treasurer and Secretary is for two years
Page | 4
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **REPORT OF TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **TRUSTEES' RESPONSIBILITIES**
The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2015 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed
- prepare the financial statements on the going concern basis unless it is inappropriate to presume the charity will continue.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
By Order of the Board
**E DUNN** 19 09 2024 **DATE:**
Page | 5
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **INDEPENDENT EXAMINERS REPORT**
I report on the accounts of the charity for the year ended 30 September 2023 set out on pages 7 to 13.
## **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.
Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **INDEPENDENT EXAMINER'S STATEMENT**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in respect of the Company as required by section 386 of
- the 2006 Act; or
- the accounts do not accord with those records; or
- the accounts do not comply with the accounting requirements of section 396 of the 2006
- Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the methods and principles of
- the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK (FRS 102).
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.
## Alison Simmonds
**MS A SIMMONDS, MAAT DATE:**
20/09/2024
Page |6
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023**
|**Income from:**
Fundraising
**Total income**
**Expenditure on:**
Fundraising Expenses
Running Expenses
Insurance
Donation to School
**Total expenditure**
**Net (expenditure)/income**
**before transfers**
**Net movement in funds**
**Reconciliation of funds:**
**Fund balances at 1 October**
**2022**
**Fund balances at 30 September**
**2023**|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**2023**
**Total**
**£**
25,728
0
25,728
**25,728**
**0**
**25,728**
8,589
0
8,589
1,941
0
1,941
140
0
140
22,430
0
22,430
**33,100**
**0**
**33,100**
-7,372
0
-7,372
-7,372
0
-7,372
18,185
0
18,185
**10,814**
**0**
**10,814**|**2022**
**Total**
**£**
24,385
**24,385**|
|---|---|---|
|||0
0
0
0
**19,446**|
|||4,939|
|||4,939|
|||13,246
**18,185**|
There are no recognised gains and losses other than those passing through the income and expenditure account.
The above amounts all relate to continuing operations of the charity.
Page | 7
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023**
|**Income from:**
Fundraising
**Total income**
**Expenditure on:**
Fundraising Expenses
Running Expenses
Insurance
Donation to School
**Total expenditure**
**Net (expenditure)/income before**
**transfers**
**Net movement in funds**
**Reconciliation of funds:**
**Fund balances at 1 October 2022**
**Fund balances at 30 September**
**2023**|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**2023**
**Total**
**£**
24,385
0
25,728
**25,728**
**0**
**25,728**|
|---|---|
||8,589
0
8,589
1,941
0
1,941
140
0
140
22,430
0
22,430
**33,100**
**0**
**33,100**|
||-7,372
0
-7,372|
||-7,372
0
-7,372
18,185
0
18,185|
||**10,814**
**0**
**10,814**|
Page |8
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023**
|Comparative information only
**Income from:**
Fundraising
**Total income**
**Expenditure on:**
Fundraising Expenses
**Total expenditure**
**Net (expenditure)/income before transfers**
**Net movement in funds**
**Reconciliation of funds:**
**Fund balances at1 October 2021**
**Fund balances at 30 September 2022**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2022**
**Total**
**£**
**£**
**£**
24,385
0
24,385
**24,385**
**0**
**24,385**|
|---|---|
||19,446
0
19,446
**19,446**
**0**
**19,446**|
||4,939
0
4,939|
||4,939
0
4,939|
||13,246
0
13,246
**18,185**
**0**
**18,185**|
Page |9
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **BALANCE SHEET AS AT 30 SEPTEMBER 2023**
|**CURRENT**
**ASSETS**
Cash at bank and in
hand|**2023**
**£**
10,814|**£**|**2022**
**£**
18,185|**£**|
|---|---|---|---|---|
|**CURRENT**
**LIABILITIES**
Creditors
**NET CURRENT**
**ASSETS**|10,814
0|10,814|18,185
0|18,185|
|**TOTAL ASSETS**
**LESS CURRENT**
**LIABILITIES**||10,814||18,185|
|**FUNDS**|||||
|Restricted funds|0|||0|
|Unrestricted funds|10,814|||18,185|
||10,814|||18,185|
For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## **TRUSTEES' RESPONSIBILITIES**
> - The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements were approved and authorised for issue by the Board of Trustees on 30 September 2024 and signed on its behalf by:
## **E DUNN**
19 09 2024
Page |10
**DATE:**
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **ACCOUNTING POLICIES**
## **BASIS OF ACCOUNTING**
THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL is a registered charity with the Charity Commission in the United Kingdom. The address of the registered office is given in the charity information on page 1 of these financial statements.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS 102) issued on 16 July 2014 as amended by Bulletin 1, the Financial Reporting Standard applicable in the United Kingdom (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## **FUND ACCOUNTING**
Unrestricted income funds comprise those funds which the Trustees are free to use for any purpose in furtherance of the charitable objectives. Unrestricted funds include designated funds where the Trustees, at their discretion, have created a fund for a specific purpose.
## **INCOME RECOGNITION**
All income is included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
Page | 11
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **EXPENDITURE RECOGNITION**
All expenditure is accounted for on an accruals basis, is inclusive of VAT and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure on charitable activities includes comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **DEBTORS AND CREDITORS RECEIVABLE / PAYABLE WITHIN ONE YEAR**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **TAX**
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
## **GOING CONCERN**
The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements.
## **JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY**
Accounting estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Page | 12
## **THE FRIENDS OF LADY JOANNA THORNHILL (ENDOWED) SCHOOL**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **RELATED PARTY TRANSACTIONS**
There were no related party transactions in the year (2022: none).
Page | 13