TRUSTEES’ REPORT
ST THOMAS MORE SCHOOL ASSOCIATION FOR THE 2024-25 FINANCIAL YEAR (1 SEPTEMBER 2024-31 AUGUST 2025)
This report provides an overview of St Thomas More School Association (STMSA) accounts for the 2024-25 financial year (FY24-25), which ran from 1 September 2024 to 31 August 2025.
We opened the year with a balance of £12,607.15 (reconciled £11,003.33) in the Treasurer’s account and £5,027.69 in the Deposit Account. After applying all accruals and reversals at the end of FY24-25, income from fundraising over the financial year totalled £19,885.92 , administrative costs were £977.02, resulting in a net total of £18,908.90. The total amount donated to the school was £16,282.99 . The balance of the Treasurer’s account at the end of FY24-25 was £14,391.68. After all accruals and reversals, there was a reconciled balance of £15,233.06 . The balance of the Deposit Account was £5,074.24 . A full breakdown of these figures is outlined in the accounts that accompany this report.
Fundraising activities and events
Our ongoing fundraising schemes and activities raised the following amounts, totalling £2,146.95:
| • | Supermarket vouchers | £455.60 |
|---|---|---|
| • | 100 Club | £895.00 |
| • | Your School Uniform | £81.00 |
| • | Bag2School | £243.60 |
| • | EasyFundraising | £44.70 |
| • | General refreshment sales | £364.03 |
| • | Asda Cashpot | £63.02 |
Thank you to Clare Trowbridge, Sarah Hennis, and Jules Yeomans for running the 100 Club, Supermarket Vouchers, and Bag2School schemes, and to all who participated and contributed towards these ongoing programmes.
STMSA ran a number of fundraising events over the financial year, and these both generated a healthy income, totalling £14,612.78, and provided wonderful opportunities for pupils, parents, staff, governors, parish members and other members of the local primary school community to come together socially.
| • | Quiz Night | £1,013.75 |
|---|---|---|
| • | Glow Party | £901.84 |
| • | Christmas Wreath Making | £801.97 |
| • | Christmas Fair | £2,943.42 |
| • | International Day Event | £459.56 |
| • | St Patrick’s Day Event | £1,426.64 |
| • | Easter Egg Hunt | £596.47 |
| • | Father’s Day Evening | £260.00 |
| • | Race Night (new event) | £708.56 |
| • | Summer Fair and Footballathon | £5,500.56 |
Thank you to all of those who led and supported the organisation and running of these events, including, Sarah Hennis, Cath Hammond, Terri-Ann Nichol, Clare Trowbridge, Aisling Hilsdon, Alex Moshakis, Denise Leahy, Sandra Hallinan, Clara Child, Jules Yeomans, Liz Jaggs, and Richard Smith. In addition, thanks go to class representatives & committee members who play a vital role in encouraging parents and carers to support and volunteer at events, and to all members of the school community who attended them.
Other activities that generated funds included STMSA’s participation in Berkhamsted Rotary Club’s Santa’s Sleigh, Christmas Card sales, Mother’s and Father’s Day Gifts, Valentine’s Day, Sports Day, and Clothes Swap. Thank you to all members involved in organising these activities, including Sarah Hennis, Clare Trowbridge, Cath Hammond, Terri-Ann Nichol, Denise Leahy, and Clara Child.
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Continuing from F23-24, some year 5 pupils undertook some ring-fenced fundraising to restore the school pond, raising £1,166.31 to complete the £1,800 target.
In addition, STMSA received corporate match donations of £250.00 during F24-25.
Accruals and reversals
A net total of £841.38 was accrued at the end of FY24-25, due to income and expenditure relating to the ongoing supermarket voucher scheme and 100 Club taking place in one financial year but relating to activity in another. Also contributing to this figure was bar stock of a value of £266.91, purchased in FY24-25 and carried over for use or sale at fundraising events during FY25-26.
Grant-making
Funding dispersed to St Thomas More during FY24-25 totalled £16,282.99. Funds were allocated across the following areas:
| • | Learning resources | £3,018.00 |
|---|---|---|
| • | Educational enrichment | £5,304.99 |
| • | School trips and travel | £5,610.00 |
| • | Pond Restoration | £2,000.00 |
| • | Other | £350.00 |
Particular highlights include a fully-funded school trip for every pupil in December 2024, contribution towards additional trips for all classes, a new interactive screen for the school hall, 50% of Forest School costs and a special EYFS Forest School series, and Science Week workshops.
Dispersing funding to St Thomas More
Going forward, the committee will continue with the current funding model during any given school year. The committee will disperse funding raised in spring and summer terms of the previous school year plus the autumn term of the current school year. This means that we go into a new school year with available funding from the very beginning, and a good idea of what we will be able to financially disperse to school over the school year, meaning that the Chair(s) can start conversations with school about what we might fund as early as possible.
In conclusion, we ended the 2024-25 financial year in a healthy financial position. Income for the financial year increased for the fourth year in a row and showed an 10 per cent increase on 24-25.
I would like to thank all parents and staff involved in running events and ongoing activities for their time, efforts and expertise in carrying these out and contributing to the income that the STMSA has generated during FY24-25. In particular, I would like to express my thanks to outgoing Chairs & Vice-Chair TerriAnn Nichol, Cath Hammond, and Sarah Hennis, former Secretary Clare Trowbridge, and former Treasurer Liz Jaggs for their outstanding contribution and service to STMSA over the financial year, as well as all other Committee Members, volunteers and St Thomas more staff who have worked tirelessly to raise income that benefits and enriches the experience of all of the children within our school community. In addition, our grateful thanks, as ever, go to Peter FitzGerald for giving his time to auditing our accounts.
Sorcha Kerrigan Treasurer, St Thomas More School Association
28 January 2026
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ST THOMAS MORE SCHOOL ASSOCIATION
FINAL ACCOUNTS FOR YEAR TO 31 AUGUST 2025
| Balance Sheet | ||
|---|---|---|
| Current Assets | ||
| Bank Account | £15,233.06 | |
| Deposit Account | £5,074.24 | |
| Total | £20,307.30 | |
| Represented by | ||
| Income and Expenditure Accounts B/F | £17,634.84 | |
| Income/Deficit for current year (includes deposit account interest) | £2,672.46 | |
| £20,307.30 |
ST THOMAS MORE SCHOOL ASSOCIATION
FINAL ACCOUNTS FOR YEAR TO 31 AUGUST 2025
Bank Reconcilation
| Reconciled Bank Balance per Balance Sheet @ 01/09/24 Income Expenses New balance @ 31/08/25 Balance per bank statement @ 31/08/2025 Less cheques not yet presented Accruals and reversals relating to supermarket vouchers Accruals and reversals relating to 100 Club Accruals and reversals relating to bar stocks Add Lodgements not yet cleared Reconciled Balance Difference |
£12,607.15 £43,658.36 (£41,032.46) £15,233.06 £14,391.68 £0.00 £683.20 £135.00 £23.18 £0.00 £15,233.06 |
|---|---|
| £0.00 |
ST THOMAS MORE SCHOOL ASSOCIATION
FINAL ACCOUNTS FOR YEAR TO 31 AUGUST 2025
| Other Bank Balances | |
|---|---|
| Deposit Account @ 01/09/24 | £5,027.69 |
| Interest Received | £46.55 |
| New Balance @ 31/08/25 | £5,074.24 |
ST THOMAS MORE SCHOOL ASSOCIATION
FINAL ACCOUNTS FOR YEAR TO 31 AUGUST 2025
Income and Expenditure Account
| Income | |
|---|---|
| Administration | £0.00 |
| Supermarket vouchers | £12,325.00 |
| 100 Club | £2,995.00 |
| International Day Event | £543.19 |
| Clothes Swap Event | £156.04 |
| Your School Uniform | £81.00 |
| Xmas Fayre | £4,295.30 |
| Xmas Cards | £267.14 |
| Wreath Making | £1,626.90 |
| Bag2School | £243.60 |
| Father's Day Event | £500.00 |
| Quiz Night | £1,935.65 |
| Father's Day Gifts | £371.77 |
| Rotary - Santa | £582.00 |
| Easter Egg Hunt | £717.82 |
| Easy Fundraising | £44.70 |
| Other Items | £0.00 |
| Other Donations | £250.00 |
| Refreshment sales | £406.31 |
| Summer Fayre | £8,376.61 |
| St Patrick's Day Event | £2,256.97 |
| Book and Cake Sale (WBD) | £0.00 |
| Race Night | £965.48 |
| Cinema Club | £0.00 |
| Glow Party | £1,448.64 |
| Party Equipment Hire | £0.00 |
| Mother's Day Shop | £399.07 |
| Sports Day | £98.96 |
| Valentine's Day Event | £115.34 |
| Year Five Pond Fundraiser | £1,166.31 |
| Savings Account | £0.00 |
ST THOMAS MORE SCHOOL ASSOCIATION
FINAL ACCOUNTS FOR YEAR TO 31 AUGUST 2025
| Asda Cashpot | £63.02 | |
|---|---|---|
| Bar Stock | £1,426.54 | |
| Total Income | £43,658.36 | |
| Expenses | ||
| Administration | £977.02 | |
| Supermarket vouchers | £11,869.40 | |
| 100 Club | £2,100.00 | |
| International Day Event | £83.63 | |
| Clothes Swap Event | £0.00 | |
| Your School Uniform | £0.00 | |
| Xmas Fayre | £1,351.88 | |
| Xmas Cards | £0.00 | |
| Wreath Making | £824.93 | |
| Bag2School | £0.00 | |
| Father's Day Event | £240.00 | |
| Quiz Night | £921.90 | |
| Father's Day Gifts | £100.55 | |
| Rotary - Santa | £0.00 | |
| Easter Egg Hunt | £121.35 | |
| Easy Fundraising | £0.00 | |
| Other Items | £0.00 | |
| Other Donations | £0.00 | |
| Refreshment sales | £42.28 | |
| Summer Fayre | £2,876.05 | |
| St Patrick's Day Event | £830.33 | |
| Book and Cake Sale (WBD) | £0.00 | |
| Race Night | £256.92 | |
| Cinema Club | £0.00 | |
| Glow Party | £546.80 | |
| Party Equipment Hire | £0.00 | |
| Mother's Day Shop | £142.77 | |
| Sports Day | £37.12 | |
| Valentine's Day Event | £0.00 | |
| Year Five Pond Fundraiser | £0.00 | |
| Savings Account | £0.00 | |
| Asda Cashpot | £0.00 | |
| Bar Stock | £1,426.54 |
ST THOMAS MORE SCHOOL ASSOCIATION
FINAL ACCOUNTS FOR YEAR TO 31 AUGUST 2025
| Total Expenses | £24,749.47 |
|---|---|
| Surplus / (Deficit) | £18,908.90 |
| Less: Donations to School | £16,282.99 |
| Funds / (Deficit) to carry forward | £2,625.91 |
Donations to School
| Learning resources | |||
|---|---|---|---|
| Pond Restoration | 05/11/2024 | Paid direct to supplier | £300.00 |
| Pond Restoration | 25/11/2024 | Paid direct to supplier | £1,500.00 |
| Wood barn for forest school | 25/03/2025 | Paid as expense | £139.99 |
| Pond Planting | 10/04/2025 | Paid as expense | £200.00 |
| Interactive Screen | 24/06/2025 | STM151 | £3,018.00 |
| Subtotal | £5,157.99 | ||
| Educational enrichment | |||
| Forest School - autumn term 1st half | 24/10/2024 | STM141 | £735.00 |
| Forest School - autumn term 2nd half | 22/01/2025 | STM142 | £630.00 |
| Forest School - 1st half spring term | 12/02/2025 | STM143 | £525.00 |
| Forest School - 2nd half spring term | 04/03/2025 | STM146 | £630.00 |
| Science Week workshops | 04/03/2025 | STM145 | £800.00 |
| Forest School - summer term 1st half | 01/05/2025 | STM148 | £525.00 |
| Forest School - summer term 2nd half | 12/06/2025 | STM150 | £480.00 |
| Forest School - EYFS | 02/04/2025 | STM147 | £840.00 |
| Subtotal | £5,165.00 | ||
| School trips and travel | |||
| Christmas trips (all years) | 10/10/2024 | STM138-140 | £3,138.00 |
| Deposit for 2025 Christmas Trip | 03/06/2025 | STM149 | £372.00 |
| Contribution to trips (all years) | 04/03/2025 | STM144 | £2,100.00 |
| Subtotal | £5,610.00 | ||
| Other | |||
| Contribution to Yr 6 party | 01/05/2025 | Paid direct to supplier | £350.00 |
| £350.00 | |||
| Total Donations to S | £16,282.99 |
ST THOMAS MORE SCHOOL ASSOCIATION
I have reviewed the financial statements and accounts of the St Thomas More School Association for the year ended 31 August 2025 and find that they represent fairly in all material aspects the financial position of the Association at that date. I have reviewed the cash position and the years accounting transactions all of which are completely satisfactory.
I would like to commend the Association’s treasurer on the detailed and fully documented accounts.
Peter D Fitzgerald FCCA
May 17 2026