Registered Charlty Number: 703100 ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL TRUSTEES REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 24
ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Pages Report of the Trustees Statement of Financial Activities Balance Sheet
ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL REFERENCE AND ADMINISTRATIVE DEfAILS Registered Charlty Number 703100 Trustees The following have held office during the period.. Officers: Chair Vice-chairman Treasurer President Sponsorship Co-ordinator Social Media Co-ordinator Secretary Sam Redding Becky Wilshee Adam Lewis Melanle Murfln Sarah Nobbs Joanne Hassall-Pirie Kelly Hughes Commlttee Members: Emma Hardwick Tracey Stanley Michelle Redding Independent examlner: Mr Robert Hushes Page I
ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 The Trustees present their annual report and the financial statements for the year ending 31st July 2024. The Trustees have adopted the provlsions of the Statement of Recommended Prartice {SORP) 'Accounting and Reporting by Charltie5' issued in 2005 in preparing the charity's annual report and financial statements. STRUCTURE. GOVERNANCEAND MANAGEMENT Governlng document The charity is controlled by its governlng 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 eletted at the next Annual General Meeting IAGM). The Management Committee comprises people from all walks of life with different experiences and expertise. Inductlon and tralnlng of new trustees Trustees are issued with 'The Essential Trustee, published by the Charlty Commission. and a Trustee5 Information Pack. which contains all the relevant policies, procedure5 and responsibilities of Trustees for the ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL. Rlsk Management The trustees must identify and review the risks the charity is exposed to and ensure appropriate controls are in place to provlde reasonable a55urance agalnst fraud and error. Page 2
ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 AIMS. OBJEcfivES AND ACTIVITIES To raise fund5 for William Shrewsbury Prlmary 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. Page 4
ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 FINANCIAL REVIEW Over the 2023/24 financial year. the charity raised an outstanding £19,000 for the school through various events. from themed discos to our biggest event. the Summer Gala. We have committed £23,500 of the funds raised in 2023/24 and previously to support educational and enrichment project5 in the coming 24125 financial year. The outlook for the next financial year is positive; planning of future events is already taking place. ON BEHALF OF THE BOARD Adam Lewis SIGNED: DATE sly12 Page 4
A550CIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 2023 2024 RECEIPTS Christmas Fayre Summer Gala 7,836.30 10,382.24 9,178 9,714 Discos 10,884.00 14,489 Chocolate Bingo Christmas Cards Tuck Shops Shopping Event Interest Other 955.00 3,207.50 563.00 1,121 642 498 255 46 18 130.67 Total Receipts 33,958.71 35,961 PAYMENTS Christmas Fayre Expenses Summer Gala Expenses 2,105.94 3,919.98 3,392 2,627 Disco Expenses 4,481.00 10,326 Chocolate Bingo 170 School Trips & Projects 22123 School Trips & Projects 23124 Christmas Card Expenses Others 1,151.45 16,034 9,852 2,488.56 460.19 241 Total Payrnents 14.607.12 42,641 Increase/(decrease) in funds for the year Transfer between funds The fund balance at the beginning of the year 19,351.59 16,680) 17,000.94 36,353 The fund balance at the end of the year 36,352.53 29,673 Page 5
ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL BALANCE SHEEr FOR THE YEAR ENDED 31 JULY 2023 Note 2023 2024 TANGIBLE FIXED ASSErs CURRENT ASSET5 Cash and bank balances 36,353 29,673 Stocks 36,353 29,673 CURRENT LIABILITIES Amounts falSing due within one year NEf CURRENT ASSETS 36,353 29,673 29,673 NET ASSETS 36,353 RESTRicfED BY: Restricted funds Unrestricted funds 36,353 29,673 36,353 29,673 Page 6
ASSOCIATION OF FRIENDS OF WILLIAM SHREWSBURY PRIMARY SCHOOL BALANCE SHEET (contlnued) FOR THE YEAR ENDED 31 JULY 2024 The members have not qUired the charityto obtaln an audit of its financial statements for the year ended 31 July 2024 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 surplu5 or deficit for each financial year. The Board approved the financial statements of Trustees on 23 September 2024. and were signed on its behalf by: Adam Lewis- Treasurer Sam Redding- Chair Page 7