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2020-03-31-accounts

KNOWLE CHURCH OF ENGLAND PRIMARY SCHOOL PARENTS' ASSOCIATION

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2020

Independent examiner’s report to the trustees of Knowle Church of England Primary School Parents’ Association

I report to the trustees on my examination of the accounts of Knowle Church of England Primary School Parents’ Association for the year ended 31[st] March 2020

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act)

I report in respect of my examination of the accounts

Independent examiner’s statement

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 resect

  1. Accounting records were not kept in respect of the Act

  2. The accounts do not accord with those records

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 by the independent examiner on 30/1/21

……………………………..

KNOWLE CHURCH OF ENGLAND PRIMARY SCHOOL PARENTS ASSOCIATION

Report of the Trustees for the year ending 31 March 2020

The trustees of the Knowle Church of England Primary School parents association present their annual report and audited accounts for the year ended 31 March 2020 and confirm they comply with the relevant requirements. The accounts have been prepared on a receipts and payments basis.

Our Aims

The parents association aims to raise money through a variety of fund raising activities during the school year. These activities can be for children, families or parents to enjoy. All money raised is then donated, at regular intervals, to Knowle Primary Academy.

Review of Activities

During the year ending 31 March 2020 a large number of fund raising activities took place. The main events being

The parents association also received funds from donations, sponsorship and match funding

All events are run by volunteers, who are parents from Knowle Primary Academy.

Finances

During the financial year £39,078 was raised. This provided a surplus of £22,439 after costs were deducted.

Knowle Primary Academy received £2,800 during this period. This money was spent primarily on library supplies and individual classroom small items.

At the 31 March 2020 the bank balance is £52,488.

Signed by the trustees on 30/1/21

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KNOWLE CHURCH OF ENGLAND PRIMARY SCHOOL PARENTS ASSOCIATION

Registered charity No: 516951

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2020

Statement of Financial Activities

Notes
Income
Income from activities
Donations (including Gift Aid)
Costs of events
Surplus from events
2
Other Expenditure
Insurance
Other
Surplus available for distribution
Distribution to school during the year
3
Surplus / (deficit) of Income over Expenditure
Balance sheet at 31 March 2019
Accumulated fund brought forward
Surplus / (deficit) for the year
Accumulated fund carried forward
Represented by
Bank balance
2020
2019
£
£
36,178
36,331
2,900
5,854
39,078
42,185
(16,639)
(13,151)
22,439
29,034
(122)
(117)
(20)
(1,130)
22,297
27,787
(2,800)
(10,720)
19,497
17,067
2020
2019
£
£
32,991
15,924
19,497
17,067
52,488
32,991
52,488
32,991
52,488
32,991

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2020

1. Accounting policy

These accounts have been prepared under the cash accounting basis. Only income and expenses received and paid during the financial year have been recognised.

2. Surplus from activities

Children’s discos
Quiz night
Firework night
Christmas fair
Smarties
Sundry income
Summer fair
Hoodies
KGT
Xmas Ball
Father’s day
Gift Aid/Match funding
Christmas Cards
Mother’s day
Bingo Night
Ice cream
Break the rules
Uniform sales
2020
2019
£
£
2,272
3,649
(182)
339
2,066
2,197
4,533
3,817
1,216
0
185
94
4,209
4,140
572
971
(143)
1,637
2,120
2,753
60
0
2,900
5,818
971
1,169
(94)
895
273
180
285
221
743
708
433
446
22,439
29,034

3. Donations to the School

Total Donations 2020
2019
£
£
2,800
10,720