## Hymers College Association
Trustees’ Report and Financial Statements For the Year Ended 31[st] August 2022
Charity Number: 515738
Trustees’ Report and Financial Statements for the period ended 31 August 2022
## Hymers College Association
## Contents
||Page:|
|---|---|
|Trustees’ Report|1-2|
|Trustees’ Responsibilities|3|
|Independent Examiner’s Report|4-5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8-14|
Hymers College Association For the period ended 31 August 2022 Trustees’ Report
## Reference and administrative details
|Charity name:|Hymers College Association|
|---|---|
|Charity number:|515738|
|Registered address:|Hymers College, Hymers Avenue, Hull, HU3 1LW|
|Trustees|Mr Craig Schofield|
||Ms Zoe Overment|
||Dr Susan Tame|
||Ms Emily Pennack|
||Ms Jean Nugent|
||Dr Sandhya Pisharody|
||Mr Denis Thompson|
||Ms Eszter Pontone|
||Ms Claire Sharf|
||Mr Peter Doyle|
||Ms Helen-Jane Kaye|
||Mr Justin Stanley|
||Ms Jenni Lee (appointed 5 October 2021)|
||Mr Andrew Copeland (appointed 19 October 2022)|
||Ms Louise Linter (appointed 28 September 2022)|
||Ms Vicky Doyle (appointed 28 April 2022)|
||Ms Nicola Kirk (appointed 17 November 2022)|
||Ms Radhika Khanna (appointed 23 February 2023)|
||Ms Kelly Taylor (appointed 23 February 2023)|
||Ms Sarah Fortnam (appointed June 2023)|
Ms L Starky, Ms Alison Clark, Ms Julie Bosworth and Ms A North all resigned as Trustees during the year.
## The trustees are appointed by the Association’s members, as a body.
|Officers of the committee|Zoe Overment – Chairperson (Appointed 28 September 2021)|
|---|---|
||Laura Starky - Secretary|
||Helen-Jane Kaye – Vice chair person|
||Justin Stanley – Headmaster Hymers College|
||Peter Doyle – Headmaster Hymers Junior School|
||Denis Thompson – Teacher representative|
||Emily Pennack – Teacher representative|
||Craig Schofield – Operations manager|
||Eszter Pontone- Treasurer|
||Julie Bosworth|
||Alison Clark|
||Alison North|
||Claire Sharf|
||Susan Tame|
Page 1
Hymers College Association For the period ended 31 August 2022 Trustees’ Report
## Officers of the committee (continued):
Jean Nugent Nicola Luen Jenni Lee Sandhya Pisharody
The membership of the Association consists of parents, teachers and ex pupils of Hymers College.
Independent Examiner Sally Appleton, Saffery Champness LLP Mitre House, North Park Road Harrogate, HG1 5RX Main bankers National Westminster Bank plc 34 King Edward Street Hull HU1 3SS
## OBJECTIVES AND ACTIVITIES
The objectives of the Association are to advance the education of the pupils of Hymers College, Hymers Avenue, Hull, HU3 1LW by providing and assisting in the provision of facilities for education at the College which the governors of the College are not able to provide and in particular to support, expand and develop the College financially and otherwise provided that the Association shall not in any way seek to interfere in the running of the school, or do any activities, which are at variance with the wishes of the Headmaster or the School Governors.
The Charity has continued to support the College by organising fundraising events.
## ACHIEVEMENTS AND PERFORMANCE
The Charity has continued to support the College by organising fundraising events and raising funds which have been applied to improving the College educational environment (as shown in note 4 to the accounts).
## FINANCIAL REVIEW
The Charity made a surplus of £11,776 for the year ended 31 August 2022 (2021: Deficit of £13,583). The Charity ended the year with net assets of £17,091 (2021: £5,315).
## INVESTMENT POLICY
In view of the small amounts involved and the relatively short period funds are available for investment, surplus funds are put on deposit at National Westminster Bank plc.
## STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is registered Charity Number 515738 and is governed by its constitution adopted on 18 October 1984 as amended 13 October 2010. The Charity is an unincorporated association registered in England and Wales. New Charity trustees are voted in by a majority of the committee at General Meetings.
## PUBLIC BENEFIT
The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit, when reviewing their aims and objectives and in planning future activities. In particularly, the trustees have considered how planned activities will contribute to the aims and objectives that they have set.
Page 2
Hymers College Association
For the period ended 31 August 2022
Trustees, Report
TRusfEES RESPONSIBiunES
The trustees are responsible for preparing the Trustee< Annual Report and the financial statements in
accordance wlth applicable law and United Kingdom Accounting Stsndards {United Kingdom Generally
Accepted Accounting Pratticel.
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 stste of affairs of the Charity and of the incoming
resource5 and application of resources of the Charity for that period. In preparing these financial statements,
the trustees are required to:
Select 5Uitable accounting policies and then apply them consistently;
Observe the methods and principles in the Charities SORP 2019 IFRS 1021;
Make judgements and estimates that are reasonable and prudent.
State whether applicable accounting standards have been followed. subject to any material departures
disclosed and explained in the financial ststernents; and
Prepare the financial statements on the going conrn basis unless it is inappropriate to presume that
the Charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose wlth reasonable accuracy at
any time the financial positlon of the Charity and enable them to ensure that the financial ststements comply
with the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008 and the provisions of the
trust deed. They are also responslble for safeguarding the assets of the Charity arKI hen for tsking reasonable
steps for the prevention and detettion of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the Charity and financial informatlon included
on the charit5 website. Legislation in the Untted Kingdom governing the pparatIOn and dissemination of
flnancial statements may differ from legislation in other jurisdictions.
For and on behalf of the trustees
Mrs Zoe Overment
Chairperson
16 June 2023
Page 3
Hymers College Association For the period ended 31 August 2022 Independent Examiner’s Report to the trustees of Hymers College Association
I report to the trustees on my examination of the accounts of Hymers College Association (the Association) for the year ended 31 August 2022.
## Respective responsibilities of trustees and examiner
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
Having satisfied myself that the Association's accounts are not required to be audited under the Charities Act 2011 and are eligible for independent examination, I report in respect of my examination of the Association’s accounts as carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## Independent examiner's statement
The Trustees have chosen to undertake an independent exam. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Association as required by section 130 of the Act; or
## 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
Page 4
Hymers College Association For the period ended 31 August 2022
## Independent Examiner’s Report to the trustees of Hymers College Association
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.
Signed:
Sally Appleton FCA Saffery Champness LLP
Date: 28 June 2023
Mitre House North Park Road Harrogate HG1 5RX
Page 5
Hymers College Association For the period ended 31 August 2022 Statement of Financial Activities (Incorporating statutory income & expenditure account)
|Notes
Unrestricted
Funds
£
Income:
Donations, subscriptions and
sponsorships
2
500
Income from other charitable
activities
3
27,009
Investment income
4
_________
Total income
27,513
Expenditure on:
Charitable activities
4
15,737
_________
Total expenditure
15,737
Net income/(expenditure)
11,776
Transfers between funds
-
_________
Net movements in funds
11,776
Reconciliation of funds:
Total funds brought forward
5,315
_________
Total funds carried forward
17,091
_ __ ___|Restricted
Total Funds
Total Funds
Funds
2022
2021
£
£
£
-
500
515
-
27,009
5,878
-
4
-
_________
_________
_________
-
27,513
6,393
_________
-
15,737
19,976
_________
_________
_________
-
15,737
19,976
_________
-
11,776
(13,583)
-
-
-
_________
_________
_________
-
11,776
(13,583)
-
5,315
18,898
_________
_________
_________
-
17,091
5,315
_ __ ___
_ __ ___
_ __ ___|
|---|---|
The statement of financial activities includes all gains and losses in the year.
All income and expenditure derive from continuing activities.
Page 6
Hymers College Assoclation
For the period ended 31 August 2022
Balance Sheet
2022
2021
Flxed assets
Tangible fixed assets
503
513
Current assets
Debtors
Cash at bank and in hand
1,156
I8.19
865
17.441
20.065
18,306
Current Ilabllltles: amounts falling due
within one year
(3.477)
113,5041
Net current as5etS
16,588
4,802
Net assets
17,091
5,315
Funds
Unrestricted funds
17,091
5,315
Total funds
17,091
5,315
The financial ststements were approved by the trustees on
IL
L2023 and were signed on their behalf bv:
Eszter Pontone
Treasurer
The notes on pages 8 to 14 form part of these financial ststements.
Page 7
Hymers College Association For the period ended 31 August 2022
## Notes to the financial statements
## 1 Accounting policies
## Basis of accounting
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 and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the Charity. 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 funds are those available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes.
Restricted funds are funds that can only be used for particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the funder or when funds are raised for a specific purpose.
## Income recognition
All income is included in the SOFA when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated based on the estimated amount attributable to that activity in the year. Support costs are costs for the general running of the Charity itself as an organisation.
## Taxation
As a registered Charity the Association is not liable to income tax or corporation tax on the excess of the income over expenditure.
The charity is not registered for VAT.
Page 8
Hymers College Association For the period ended 31 August 2022
## Notes to the financial statements
## 1 Accounting policies (continued)
## Tangible assets
Tangible assets are held at cost less accumulated depreciation.
Depreciation is charged by equal annual instalments estimated to write off the cost of assets over their expected useful lives as follows:
- Fundraising equipment: 4 years
- Individual fixed assets costing £100 or more are capitalised at cost.
## Debtors and creditors
Debtors and creditors are recorded when receivable or payable.
## Financial instruments
The Charity’s financial assets and financial liabilities are of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value.
## Critical accounting estimates and assumptions
In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
No significant risks have been identified in relation to material accounting estimates.
Page 9
Hymers College Association For the period ended 31 August 2022
## Notes to the financial statements (continued)
## 2 Donations and subscriptions
|Subscriptions
Donations
3 Income from charitable activities
Events
Junior school discos
Christmas fair
Easter Event
Uniform sales
Jubilee celebrations
Family Fun Day
Garden party
Other events
Easy fundraising/ Amazon Smile
|2022
£
350
150
_________
500
_ __ ___
2022
£
781
3,061
-
9,317
1,372
2,911
8,759
603
205
_________
27,009
_ __ ___|2021
£
515
_________
515
_ __ ___
2021
£
-
1,304
1,615
2,897
-
-
-
-
62
_________
5,878
_ __ ___|
|---|---|---|
Page 10
Hymers College Association For the period ended 31 August 2022
## Notes to the financial statements (continued)
## 4 Charitable activities
|Grants to Hymers College
Lunchtime club equipment
Panto ice cream
Choral risers
Junior school library
Theatre lights
Storage boxes
Picnic Tables
Junior School Forest Area
Gym Equipment
Boxes
Events
Junior school discos
Family Fun day
Jubilee celebrations
Garden Party
Christmas fair
Easter Event
Merchandise
Uniform sales
Head pupil award
Support Costs
Insurance
Depreciation
Bank Charges
Total Charitable activities|2022
£
203
236
7,794
1,181
-
-
-
-
-
-
_________
9,414
271
922
1,226
1,973
590
-
638
132
-
_________
5,752
170
222
179
_________
571
_________
15,737
_ __ ___|2021
£
-
-
-
-
4,533
144
5,040
968
5,938
108
_________
16,731
-
-
-
-
167
694
1,499
-
100
_________
2,460
170
551
64
_________
785
_________
19,976
_ __ ___|
|---|---|---|
The independent examiners’ fees are borne by Hymers College.
Page 11
Hymers College Association For the period ended 31 August 2022
## Notes to the financial statements (continued)
## 5 Staff costs
There are no employees of the Charity (2021: none).
## 6 Tangible fixed assets
|Cost
1 September 2021
Additions
31 August 2022
Accumulated depreciation
1 September 2021
Charge in the year
31 August 2022
Net book value
31 August 2022
31 August 2021
7 Debtors
Prepayments and accrued income|Fundraising
equipment
£
7,396
212
_________
7,608
_ __ ___
6,883
222
_________
7,105
_ __ ___
503
_________
513
_ __ ___
2022
2021
£
£
1,156
865
_________
_________
1,156
865
_ __ ___
_ __ ___|
|---|---|
Page 12
Hymers College Association For the period ended 31 August 2022
## Notes to the financial statements (continued)
## 8 Creditors: amounts falling due within one year
|Trade creditors
Accruals and deferred income|2022
£
-
3,477
_________
3,477
_ __ ___|2021
£
-
13,504
_________
13,504
_ __ ___|
|---|---|---|
## 9 Funds
||Balance as at|Incoming|Outgoing|Transfers in|Balance as at|
|---|---|---|---|---|---|
||31 Aug 2021|resources|resources|/(out)|31 Aug 2022|
||£|£|£|£|£|
|Unrestricted funds||||||
|General funds|5,315|27,513|(15,737)|-|17,091|
||_________|_________|_________|_________|_________|
|Total Unrestricted|5,315|27,513|(15,737)|-|17,091|
|Year ended 31 August 2021:||||||
||Balance as at|Incoming|Outgoing|Transfers in|Balance as at|
||1 Sept 2020|resources|resources|/(out)|31 Aug 2021|
||£|£|£|£|£|
|Unrestricted funds||||||
|General funds|18,898|6,393|(19,976)|-|5,315|
||_________|_________|_________|_________|_________|
|Total Unrestricted|18,898|6,393|(19,976)|-|5,315|
## 10 Ultimate controlling party
The trustees have control of the Charity.
## 11 Trustees’ remuneration and expenses
No remuneration directly or indirectly out of the funds of the Charity was paid, or is payable, for the year to any trustee(s) or to any person or persons known to be connected with any of them.
No reimbursement of expenses were made in the year (2021: £nil) to a trustee.
Page 13
Hymers College Association For the period ended 31 August 2022
## Notes to the financial statements (continued)
## 12 Related party transactions
Members of the Association include some teachers, parents and ex pupils of Hymers College. As their primary purpose is to support the college, it is expected that transactions will take place with the college. Payments to the college can be seen in note 4.
There are no other related party transactions in either year.
Page 14