CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees On accounts for the year endod RICKMANSWORTH SCHOOL PTA ST 31 MARCH 2024 Charlty no (If any) 311074 Set out on pages I report to the trustees on my examination of the accounts of the above charity nhe Trusf) for the year ended 3110312024. As the tharitys trustees, you are responsible for the preparation of the accounts in accordance with the requirerntS of the Charities Act 2011 rthe A). I report in respect of my examination of the Trusys accounts carried out under sedion 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Ad. Independent I have completed my examination. I confim that no material rnatters have examiner's statement come to my attention in connection with the which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the ac£ounts did not comply with the applicable requirements concerning the fomi and ntent of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf view which is not a matter considered as part of an independent examination. I have no cOnmS 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 understsnding of the ac(x)unts to be reached. Responslbllltles and basi5 of report Slgned: Dats: Name: Relevant professlonal quallfication(s) or body (rf any): CHRLr2o&eJ A CCOUfvJ77YIT Address: 132 @£Lt4L4iin£ IS LJ03 3 IER Oct 2018
ftIryMANSWORTH S(TrI)OLPTA Reglsrereda¥ry N& 311074 Statertt of Financlal #£tivltles fOrtheyearei3tstmaJth2024 TheTnJsrees petthwoIIar[xXSfrtsyeareN1¥3tstMarth2O24. TheTrustees have seThed on thecCthMltteethrlttrÈye3r. Apw¥knErtoFTrtee5 is8(verneilirytl Constitution. TheBoard ofTrustee5isauthorised to appoint new Trusiee5to fill ¥iCieSariSinB through resignation or death of an e<istingtrust TheCon5titution authori5e5theTru5tee5to makeand hold inVestMtsu&ngtheS81 funds ofthecharity. but no such investmentsepre5ently hdd n0ne¥ee[pedto behdd in thefore$hIefvIuT The PTA isgoverned by its Constitution and itsobje¢ti%sareto rcetheedutatIOn of thepypilsof Rkkrna¥wiorthSLlth try pr1th ar¥J aSsb inthes(tsd ar1 $0 doingf05tet morefrt£¥)SFverdationships thestaff. parentsand othersassociated with ihe school and gage1n xtivitieswhichsupport the5chool promolethewdfareof the pupilsattendingit. TheTrustee5ddegatethedayto dal re5pongbilitie5forfvnd-r•yngKtitle5to thePTACommitt TheTryee5¢On5iderthe performCe0f thea5y)ciationthisyrtobe5Itht0ry havlngthlsyear raised fundsof 2024 £26.781 £2726 and havingdonattsJfDllongaMtsUntstO school. 2024 £28% £454) Thisdonation provid8J hdp with there(urbi5hment oftheCherni5try Laboratoriesd rtsapproXlffl¥tdy one Ye'SwOrth ofdonations. The PTAwereableto hold a numbwoffundrd15ill8eientsthroughotheyYand hcOntInUt0 increasenew and Itarlal evaitsforihewholexhool communlty. whlch hasinturn hIghwdon&ionsth in pre4iOUS Themajority ofthlsy&es net nd raign8comesfrom theUnifDrm Shop1£14.6891. which iscompldety run by unpaid PTAvoluntews.TheassOCiation would liketothankall parrt5and staff. whosecontinual support enabled usto ra15ethesefund& Fknartlalrellew Thesurplusfortheyearlsasset out Intheattxhal Ilnanaal tementsd arisesfrom %lUntY fvnd-r•4n8and tradin8tivitiesoftheUnitomi Shop. Lisa Ho1 remained as Chairduringthefinancial yw.. Frexl a&ry r31 asTrr. Current fundraingwIll beallocated totheScienceDq)artment on8oin8returbishmtht *tlvitl& Trustres a Urthe(st)rtknt0 e[•[lSlEe1w[lyearWthh8irfea trueand fairview ofthestateofaffairsofthecharityind of its rItsforth3t puiod. In praringthosefinanC1aJ statementStheTruSteesaTerUIr& to= setect suitableaccountinE policiesand applythan conSisttly. make jud6ments eImateSthat arereasonableand pruda)t.. 31 preparethefinancial statanentson a 8oin8concam basis unlssit Isappropri&eto assumethat thecharitywill not continue in busines& TheTrustee5 are rewnsiblefor keepin8propw accountingrecordswhich disclos¢ with rnable accuracyat anyti¥ne. thefinancial p05ttion ofthech¥ity. Thare21s0 rwnsiblefor safwardin8 theassetsofthecharityand henc£ f0rtaknngre3son3b1estwforthepreti0n and dettIOn of fraud and yOther iThwlaritie ° fl£ècA Trwiee
RICIthIANSWORTH SOIOOLPTA Statement of Financial ktivltles fortsyearenthng 3tstMarth 2024 Re8btsred O¥rkyNfy 311074 TheTrusteeSpreSt th•r report and aceountsforthe ending31st March 2024 Fundryralslnglncome Saleof school unlform IntÈrÉtt reeav DcathfTOM ZI.126 75.616 li 36 12,371 71,101 36 96,789 83,513 Donatlon to School 28JMJO 45.000 Fund-ralslngcosts Pur¢haseof xhool unlfomi ffor rff•alel Unlform Shop Expse$ln¢I. b1 debts MageMt & Pdrninistratlon ofPTA 8.969 59N23 IJ04 112 3.643 51,252 1,451 140 Tatal•xp•rnA¥• 98,008 101,486 26.781 27.026 N•tnKwern•rtlnfiwKtsfor (1219) 117,9741 TolallwdB 95,458 Totsllwth twrkndflrnrd 76,265 £77,484
RICKMANSWORTH SCHOOLPTA RÈgtstrred Charity 311074 statnent of Financial Nrtivities f£the yeareThJlnB 3tst Marth 2024 TheTrustees present their report and accountsfortheyear ending31st Vorch 2024 Cash in hand 5tock- Refreshments Stock- Uniform {for resale) 8alarFce at bank Prepayments & ReceÉvables 209 2,069 23.805 49,296 1.633 872 23.128 51N62 1.000 76265 78,095 rent ilablkn: am(Amts falkng due Iyear 610 76.265 77,485 CaFal Unrestritted fvnds 76,265 £77,485 Capbl BFwd Profitfortheyear Correction to Pybalance Donation to School Unrestricted funds 77,485 26,780 93,304 27.026 2.154 5,000 77.485 {01 (28.000) 76,265 P4e3
RICVMANSWORThSOIOOLPTA Re8i5tered Charity N 311074 Notesto thekcounts for theyear ending 31st March 2024 TheTrUSt present thelr report and accountsfor theyear ending 31st March 2024 •) B•sls Ofweparalh)noftheaccMts The accounts have bn preparal under the hlstorlcal cost conventlon wlth Itans rOgnISl at cost or transactlon value unlessotherwlse5tated in the relant notel5lto the5eaccount% Theaccounts have been prepared In accordance wlth thestatement of Re£0mm)ded Practlc countlngand Reportlng by Charltles preparlngthelraccount5 In accordancewlth the Financlal Reportlngstandard appllcableln the UK Thecharlty hastaken advantage of theexemptlon In Flnanclal Reportlngstandard no.1 from the requlrement to produceacashflow statement on thegroundsthat It quallflesasa small charlty. bl IrK&Yne Voluntary Income and donatlonsare atcountal for asreLelved by theacIatIon. Thelncomefrom fund-ra151n8ventures Is shown 8ross. wlth theassoclated costs Included In fund4alsln8COSt& No permanent endowrnents have been rttelved In the pwlod. c) V•kki Add•dT•x Value added tax Is not recoverable bythecharltyand assuch Is Included In therelwant costsln the statement of financlal actlvltle d) Fund4alslngeApendlturecomprlsescosts Incurral In thestagln8of fund*alsln8eva)ts. Expendltureon management and admlnlstratlon of thecharlty Includes all expendlture not dlr&tlv related to thecharitableactivityor fundni$n8V•Itu Qulz & Comety M8hts Son8 & Dan Sports DoylSixKts Momlrgs Aumn Contèrt SprInSUmMercIrt School DIKo/Parent Meet & Greet sch1) prtion PJcky BeaT71h Sales Yoursthod Loitery Give as you Le Amazon Smk Refreshments lind. some to stykl Lknaknted event l0$/evn 7A95 3.587 296 792 71 232 592 872 38 3,221 174 547 892 83 312 179 559 2J15 2273 1.132 2.210 636 632 4,846 73 73 2.859 256 97 782 1,707 782 174 131 3,643 782 314 258 12.371 21,126 8.969 12.157 8.728 P4e4
RICKMANSWORTH SCHOOL PTA Re8i5tered Charty 311074 Not&sto thekcounts fc*theyearernllng 31stMarth 2024 TheTrusteespresentthar reportand accountsfortheythrending31st March 2024 2024 2023 PTA Insurance 112 140 112 140 Netmtylom•)tknfxI$Ior#Ylar Donations linclusiveof IncomeTax rdunds) Profit on saleofschool unlfonn & stock moVwnt Income from fund ra151n8artlvltlesltts e>¥enses Bank InteresL recelval l Mlscellaneous Income 36 14.689 36 18398 8,728 li Fuftds rals8J l•H dkectcosts 2693 27,166 ImlnlstratSon costs 112 140 Net funds ralsed In theyear 26,781 27,026 Transferred to school fvnds Prlor yearadjustment Net movement in fundsfortheytsr 128.000) (4500) 1,219 17,974) The net movemwt Sn fUndsf0rther Isstated aftercharglng: Tru5tees' neratIon Trustees, expen relmbursed Feeforthe independwtt examlnatlon of theaccounts £0 £0 Stock otsdxK for r•sa Stock Is valued at the lower of cost and net reallsablevalu¢ and wasverlfted by 100% physlcal InSPLftlon by membersofthe committee. Thevalue In th3ccountS Is at cost less 10%. There Isan obllgatlon to buy branded stock, excluslvely madefor Rickmansworth School. held at Banner suppller> Value of stock held wlth Banner asat 31st March 2024 wasestlrnated at £12L Page5
Rickmansworth School PTA Scots Hill Croxley Green Rickman5WOrth Hertfordshire WD3 3AQ 132 Baldwins Lane Croxley Green Rickmansworth Hertfordshire WD3 3U th October 2024 Dear Trustees, Inde ndent Examinatlon of PTA Accounts I have completed the Independent Examination of the accounts for Rickmansworth School PTA for the year to 31 March 2024, included herewith. Whilst 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 to enable a proper understanding of the accounts to be reached. I would note the following: Some elements of income and expenditure in the reporting period were not allocated to specific events but costs and income do reconcile to the bank statement and analysis notes in total. Whilst this is not an issue for the overall reporting per se, it is useful management information to allocate these in a robust manner. Some basic accounting software (such as Xero or QuickBooks) may assist in ensuring that all bank entries are easily and quickly supportable and would assist in making bank-toévent reconciliations quick and easy going forward. Some packages also have reporting functionality, meaning you can more easily review your in-year position at a point in time throughout the year, should you need to. During the April 2024 there were scxne changes around the VAT registration requirements. VAT registration will be required rftaxable income goes over £90,CMX). The uniform shop has taxable income below this threshold, but it is worth implementing a regular check to ensure compliance. VAT threshold is viewed on a rolling 12-month basis, meaning that you must register if, by the end of any month, your total VAT taxable income for the last 12 months was over £90,CXJ). Finally, I would note the considerable improvement in the presentation of the financial data presented for independent review this year in comparison to the prior year. I hope you find this Information Thélpfl"and"thankwou foryour continued efforts in ensuring this vital funding for the school continues. With best regards, Zoe Harley Msci CA