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 requirer￿ntS 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 cOn￿mS 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¥r*y N& 311074 Stat￿ertt of Financlal #£tivltles fOrtheyeare￿i￿3tstmaJth2024 TheTnJsrees p￿e￿tthw￿oI￿Iar[xX￿Sfr*ts￿yeareN￿1¥3tstMarth2O24. TheTrustees have seThed on thecCthMltteethr￿l￿ttrÈye3r. Apw¥knErtoFTr￿tee5 is8(verneilirytl Constitution. TheBoard ofTrustee5isauthorised to appoint new Trusiee5to fill ¥￿iCieSariSinB through resignation or death of an e¥enses Bank InteresL recelval l Mlscellaneous Income 36 14.689 36 18398 8,728 li Fuftds rals8J l•H dkectcosts 26￿93 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) (45￿00) 1,219 17,974) The net movemwt Sn fUndsf0rthe￿r 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 th￿3ccountS 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