Registered Charity Number: 703100
## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL**
## **TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 JULY 23**
## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023**
**Pages**
Report of the Trustees 1-3 Statement of Financial Activities 4 Balance Sheet 5 - 7
## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity Number**
703100
## **Trustees**
The following have held office during the period:
## **Officers:**
Chair Jane Campbell Co-Chair Sam Redding Vice-Chairman Becky Wilshee Treasurer Sarh Bates Vice Treasurer Marisa Hever-Smith President Elaine Curtis Sponsorship Co-ordinator Sarah Nobbs Social Media Co-ordinator Joanne Hassall-Pirie Secretary Kelly Hughes Vice Secretary
## **Committee Members:**
Emma Hardwick Simon Hassall-Pirie Michelle Redding
## **Independent examiner:**
Lisa Page 5 Beowulf Covert Stretton Burton upon Trent Staffs DE13 0XR
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## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 JULY 2023**
The Trustees present their annual report and the financial statements for the year ending 31st July 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ' Accounting and Reporting by Charities' issued in 2005 in preparing the charity's annual report and financial statements.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust.
## **Recruitment and appointment of new trustees**
Under the terms of the constitution, the Trustees are eligible, in committee, to appoint new Trustees to fill casual vacancies until they can be formally elected at the next Annual General Meeting (AGM).
The Management Committee comprises people from all walks of life with different experiences and expertise.
## **Induction and training of new trustees**
Trustees are issued with 'The Essential Trustee' published by the Charity Commission, and a Trustees Information Pack, which contains all the relevant policies, procedures and responsibilities of Trustees for the ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL.
## **Risk Management**
The trustees must identify and review the risks the charity is exposed to and ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
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## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023**
## **AIMS, OBJECTIVES AND ACTIVITIES**
To raise funds for William Shrewsbury Primary School.
To give each year group a contribution towards school trips/activities and reduce the cost to parents.
To provide new equipment needed at school but not within the school budget.
Organise events to raise funds for William Shrewsbury Primary School, such as School discos, Summer Galas and Christmas Fayres.
## **ACHIEVEMENT AND PERFORMANCE**
Over the years, we have supported William Shrewsbury Primary School, and all the money we raised as a charity goes back into the school. We aim to fulfil the school's requests for projects and equipment to help the children succeed and have an enjoyable education.
## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL**
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## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 JULY 2023**
## **FINANCIAL REVIEW**
Over the 2022/23 financial year, the charity raised an outstanding £20,000 for the school through various events, from themed discos to our biggest event, the Summer Gala. Whilst our receipts versus the prior year have shown an increase, you will note that direct costs have increased, which continually challenges the committee.
We have committed £12,000 0f the funds raised in 2022/23 to support educational and enrichment projects.
The outlook for the next financial year is positive; planning of future events is already taking place.
## **ON BEHALF OF THE BOARD**
SIGNED:
DATE:
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## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 JULY 2023**
||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|**RECEIPTS**|||
|Christmas Rafe|-|767.11|
|Christmas Fayre|7,836.30|-|
|Summer Gala|10,382.2412,979.66||
|Disco|10,884.00|6,569.27|
|Chocolate Bingo|955.00|616.66|
|Christmas Cards|3,207.50|3,011.00|
|Tuck Shops|563.00|523.40|
|Other|130.67|1,541.60|
||_______|_______|
|Total Receipts|33,958.7126,008.70||
||_______|_______|
|**PAYMENTS**|||
|Christmas Fayre Expenses|2,105.94|0.00|
|Summer Gala Expenses|3,919.98|2,049.19|
|Disco Expenses|4,481.00|3,881.12|
|School Trips & Projects|1,151.45|5,126.66|
|Gazebos|-|1,213.76|
|Christmas Card Expenses|2,488.56|2,280.60|
|Others|460.19|273.94|
||_______|_______|
|Total Payments|14,607.1214.825.27||
||_______|_______|
|Increase/(decrease) in funds for the year|19,351.5911.183.43||
|Transfer between funds|||
|The fund balance at the beginning of the year|17,000.94|5,817.57|
||_______|_______|
|The fund balance at the end of the year|36,352.5317,000.94
_______
_______||
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## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL BALANCE SHEET**
## **FOR THE YEAR ENDED 31 JULY 2023**
|**Note**
**TANGIBLE FIXED ASSETS**
**CURRENT ASSETS**
Cash and bank balances
Stocks
**CURRENT LIABILITIES**
Amounts falling due within one year
**NET CURRENT ASSETS**
**NET ASSETS**
**RESTRICTED BY:**
Restricted funds
Unrestricted funds|**2023**
**£**
-
36,353
-
_______
36,353
-
_______
36,353
_______
36,353
_______
-
36,353
_______
36,353|**2022**
**£**
-
17,001
-
_______
17,001
-
_______
17,001
_______
17,001
_______
-
17,001
_______
17,001|
|---|---|---|
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## **ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL BALANCE SHEET (continued)**
## **FOR THE YEAR ENDED 31 JULY 2023**
The members have not required the charity to obtain an audit of its financial statements for the year ended 31 July 2023 by section 144(2) of the Charities Act 2011.
The trustees acknowledge their responsibilities for:
- (a) Preparing financial statements which give an accurate and fair view of the situation of the charitable company at the end of each financial year and its surplus or deficit for each financial year.
The Board approved the financial statements of Trustees on 18[th] September 2023.
and were signed on its behalf by:
…………………………..
………………………….. Jane Campbell – Chair Co-Chair
Sam Redding –
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