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2024-08-31-accounts

The MALL SCHOOL ASSOCIATION

Objectives

The objectives of the Association is to advance the education of pupils at The Mall School and build a sense of community between children, parents and teachers and to enhance the enjoyment of the school years. This is achieved by providing and assisting in the provision of facilities for education at the school such as:

Achievements and performance

In 2023 The Mall School became co-educational, welcoming girls and boys into the September 2023 Reception class. A donation of £22,000 towards the Junior Playground refurbishment was made to The Mall School.

Below is a summary of current year versus previous years of the amount donated to The Mall School. 2022/23 is showing as a nil balance, however the playground donation was made possible through fundraising activities over the two financial years. Despite the difficulties of COVID restrictions, in 2020-22, the £10,000 donation to the new library was made in October 2021.

Summary of our activity 2023/2024

Summary of our activity 2023/2024y of our activity 2023/2024 of our activity 2023/2024y 2023/2024 2023/2024/20242024
Raised from fundraising activities £ 22,296.34
Donated to the MSA £ -
Interest Rec'd £ 98.57
£ 22,294.91
Spent on fundraising £ (5,373.10)
Donated to the Mall £
(22,000.00)
(22,000.00)
Donated to other charities £ -
£ (27,373.10
Surplus/(deficit) for theyear £ £ (4,978.19)

In 2023/2024 we ran a number of events bringing together the children and their families. Our Christmas and Summer Fairs generated close to £7,000, while the Burns Night and Quiz Night raised over £3,000. Other events included regular cake sales, which raised over £1,200.

The Thrift Shop continues to generate funds, raising over £1,700. Parents and family members were able to support fundraising via purchases of Christmas Cards and Easy Fundraising, which generated over £600. A full list is in the Notes section. Other donations included sponsorship of the Mallians’ Den of £1,983.

The MALL SCHOOL ASSOCIATION

Finances

The attached financials statements show the current state of the finances that the Association consider to be sound.

Reference and administration details

The charity is registered with the Charity Commission, number 8018047, and the Association bankers for Lloyds TSB Bank plc, Twickenham. Its principal address is:

The Mall School 185 Hampton Road Twickenham Middlesex TW2 5NQ

The Association is governed by its Constitution, the trustees are elected at the Annual General Meetings, However the Association does have the right as set out in it Constitution to fill casual vacancies from time to time in its membership.

The MALL SCHOOL ASSOCIATION

Statement of Financial Actvites for the Year to 31st August 2024

P&L

The MALL SCHOOL ASSOCIATION

Balance Sheet as at 31st August 2024

Mr Nishant Mahajan MSA Treasurer For and on behalf of the Association

The MALL SCHOOL ASSOCIATION

Notes to the accounts for year ended 31 August 2021

  1. ACCOUNTING POLICIES

These accounts have been prepared under the historic cost convention and the Statement of Recommended Practice on Account by Charities

Recognition of incoming resources

These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; the trustees are virtually certain they will receive the resources; and the monetary value can be measured with sufficient reliability

Incoming resource is with related expenditure

Where incoming resource have related expenditure (as with fundraising income) the incoming resource is and related expenditure are reported gross in the SoFA.

Volunteer help

The value of voluntary help received is not included in the accounts but is described in the trustees’ annual reports.

Liability recognition

Liabilities are recognised as soon as a legal or constructive obligation committing the trying to pay out the resources.

Stocks

These are valued at the lower of more cost and market value.

The MALL SCHOOL ASSOCIATION iidmin ExpenseslGen Exps '.Arnazon '.Burns Nighl '.Cake sales .'Chri5rmas Fair '.Chri5rmas Card5jMu 11.3261.. 435 .'Èasy fundraising '.Fwiball Tournament '.Leavers ￿)0dleS '.Mallian Den .'Mthie nEhts '.Other Donation5 235 '.Surnrner Ball .'Surnrner Fair ,'Surnrner Ball- PY .'Surnrner Fair- PY '.Thnft Shop............................................................ Total fr£￿ fvThlraisire actNf 737 22 296 16 923 '.Donations to the MSA '.Donations to the Mall khconatso￿ to Chanty................................................