MHSA Martin Home School Association MARTIN HOME SCHOOL ASSOCIATION (MHSA) Registered Charity No: 801947 ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 JULY 2024
Martin Home School Association Annual Report forthe year ended 31 July 2024 The association is a registered charityj and its registered number is 801947. The charity is governed by a constitution and is an unincorporated association. The commlttee members who ser4ed during the year are as follows: stsff Representatives: Ziz Chater (Head Teacher) Parent Representatlves . Katherine Archer (Acting Chairman) Sonja Paliwal-coffey (Treasurer) Patrlcla Hlckey Lenka Josefova Dlpali Thakkar Lior Havkin Liz Menezes Halima Ali Kate Thomson Prlndpal Office.. Martin Primary School Plane Tree Walk London N2 9JP IndeperKlent Examlner: Drazen Coric FFA, FIPA Bankers: Natwest Bank PLC Muswell Hill Branch London NIO 3SD
Martin Home School Association Annual Report for the year ended 31 July 2024 Objertives and Policies The objective of the Assoclation is to enhance the educatlon of all the puplls in the school by: promoting a co-operative partnership between the goveming body, staff, parents and other assoaates of the school Engage in fundraising and community events that will provide facilities or equipment or opportunitie5 that support the school and its puplls. Provldlng and asslstlng In the provlsSon of facllltles or Items of educatlon at the school (not provlded by Statutory fund51 and in consultation with the school and/or Governing Body as requlred We strive to help the school provide the best learning experience for all pupils and ensuring that all necessary resources are available to all students. Supporting and nurturing early education and ensuring all children have access to resources and opportunltles has an Immeasurable positive impatt on society as they develop into responsible adults. There have been no changes to the Association's poliaes since the last Annual report. Fundraising Artivities and Developments During the year ended 31 July 2024 the Association generated revenue of £28,88812023: £20,826), an increase of over30%. The increase in venue reflectsthe contlnulngsuccess of ourcore events: in particular, the summer Falr whlch was moved to a Friday after school proved to be extremely popular, In addition, the Association ran a silent auction for the first time alongside a specific fundraiser to raise money for Kindle5 for the school. Both raised over £5k for the school. Other core events, including the Winter Fair and Film night continue to generate funds. The Assoclation donated over £25k to the school, mainty to help fund new playground equipment, audio visual equipment, kindles and books and resources for the classes. Special thanks to all our sponsors for their continuing support for all our events. The SUC$$ful events and fundralslng by the MHSA would not be achleved wlthout the dedlcatlon and commitment of all the volunteers and parents throughout the year. Financial Position The overall year*nd financlal posltlon remalns strong, wlth £16,157 of funds in cash at 31 July 2024 In the MHSA bank accounts {£17,906 at 31 July 2023).
Responslbllltles of the Committee Charity law requires the trustees to prepare financial statements for each financial year, which gives a true and fairview of the state of affairs of the charity at the end of the year and of the surplus, or deficiencyforthat year. In preparing those finanaal statements the trustees are required to selett suitsble accounting policies and then apply them on a consistent basis, rnaking judgements and estimates that are prudent and reasonable. The Members of the committee must also prepare the finanaal statements on the going concem basi5 unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at anytime the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Art 2011, the Charity (Accounts and Reports) Regulations 21]08 and trust deed. They have general responslbllltyfortaking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. So far as the Tru5tee5 are aware, there is no relevant accounting information of which the Charitys Independent Examiners are unaware. Addltionally the Trustees have taken all the Steps they ought to have taken as Trustees In order to make themselves aware of any relevant accounting informatlon and to establish that the Charit¢s Independent Examiners a aware of that information. The board of Trustees approved this Report in May 2025 Katherine Arther Sonja Paliwal-coffey Treasurer Actlng Chalrman
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF MARTIN HOME SCHOOLASSOCIATION (REGISTERED CHARITY NO. 801947) I report to the Trustees on my examination of the accounts of Martin Home School Association for the year ended 31 July 2024. Respective responsibilities of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities ACV,) and that an independent examination 15 needed. It Is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)Ibl of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent examinerf5 report My examination was carried out in accordance with 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 account5, and seeking explanations from the 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 In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records I have no concerns and have come acro55 no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding olthe accounts to be reached. Name: Drazen Coric, FFA FIPA Relevant professional qualification{s) or body (If any): Fellow of the Institute of Financial Accountants in England & Wales Address: 209 High Road, London, N2 8AN Date: 2110512025
Martin Horne School Association MHSA Income and Expenditure Year ended 31 Juty 2024 2024 2023 INCOMING RESOURCE5 Income from fundraising activities Bank Interest (Note 11 28,888 36 28,924 20,827 19 20,846 RESOURCES USED Fundraising operational expenses Donations to the school (Note 2) (Note 3) {5,0471 {7,018} 125,626) 16,9191 {30,673} (13,9371 Net Movements In Funds in Year 11,749} 6,909 Balance Sheet As at 31July 2024 2024 2023 Current Assets Debtors Cash Petty Cash float Current Account Deposit Account Cred itors Net Assets 50 13,621 2,485 50 15,406 2,450 16,157 17,906 Movement in Funds Net Assets as at l August Movement in funds 17,906 (1,749} 16,157 10,997 6,909 17,906
Note l. Income from Fundraising Income 2024 Gross Income 2024 Net Income 2023 Gross Income 2023 Net Income Summer Fair Silent Auction & Kindle drive Winter Fair Cake Sales Film Night Walkathon Unlform sales Other Quiz Night Total Income from fundralsing 8,300 5.358 5,147 2.523 2,653 1,850 1.157 1,900 6.971 5.358 4.610 2,523 2,182 1,850 1,157 1,900 3,935 2,490 6,267 3,277 2,422 4,655 3,277 1,985 1,555 1,997 1,374 20,827 1,555 1.997 334 16.293 28A88 26,551 Total Other Income Easy Fundraising Other Cauliflower cards Total Other Income 2024 2023 508 982 410 1,900 474 1,115 408 1,997 Other in the table above primarily comprises income from ad-hoc fundraising events such as crazy hair day and ad-hoc sponsorships.
Note 2. Fundraislng Expendlture Payments 2024 2024 2023 2023 MHSA Running expense Food & drink for resale Stslls & Prizes Equipment & Entertalnment hire Bank fees and char8es Miscellaneous 888 1,058 822 457 841 981 18% 21% 16% 451 2,603 1,200 977 37% 14% 17% 19% 1.787 25% Total Operatlonal Payments 5.047 7.018 MHSA runnin costs breakdown MHSA Running costs Equipment TENS licence costs Subscriptlons Total MH5A Running costs 2024 2023 652 83 153 888 227 84 140 451 Miscellaneous ex enses breakdown Total Mlscellaneou5 Expenses Year 6 Gifts Other Total Miscellaneous Expenses 2024 2023 349 601 31 981 912 875 1,787 Note 3. Donations to the School Total Donatlons to School Playground Equipment linc Shed) Audio Visual Equipment Klndles Classroom books & resource5 School trip Cinema trip Library Books and Equipment Snow machine Total Donatlons to School 2024 2023 10,000 9.889 2,500 2,599 400 2.201 3,326 1,242 238 150 25.626 6,919