REGISTERED CHARITY NUMBER: 802621 REPORT OF THE TRUSTEES AND UA[rrED FINANCtAL STATEMENTS FOR THE YEAR ENDED 30 SEFfEMBER 2021 FOR OAKLEIGH SCHOOL P.4RENT STAFF ASSOCIATION Vetsa A¢¢ouDtants IAd Chartered Certified Accounthnts Unli 2 99-101 Kingsland Road London E2 8AG
OAKLEIGH SCHOOL PARENT STAFF ASSOCIATION CONTENTS OF THE FINANCLKL STATEMENTS FOR THE YEAR EIDED 30 SEPTEMBER 2021 Pge Report of the Trustees Siatement of Flnn¢il ActSvltle8 B#l8nce Sheet NotCS to the Fln&n¢i•l StatemeThts Detalled Statement of Firtan¢il ActiYltle$ 10
OAKLEIGH SCH(K)L PARENT grAFFA&S(lATION REpoKf OF THE TRusfEES FOR THE YEAR ENDED 30 SEPTEMBER2021 The tn&ees prent their rcp)rt with the financial StatUn of the dwity for th¢ year etyjd 30 Septemlxr 2021. The tnistees have adopted the provisio of Accounung and K¢p)fjin8 by Charitias.. Stmeni of Practjce applicgble to charities prcwin8 dKir accounts in accorda¢ wtth the Financia] Repirtin8 Standard applicable in the UK and Republic of Ireland (FRS 102) (effeiaive l Janwy 2019). Governlug dotllm¢t The clwity is controlled by its govemiu8 (kKunrt a deed of tr11 $titity an unineOrpm djarity. REFERENCE AIYD ADMINLSTRATIVE DETAILS Registernl Charity number 802621 Princip41 address aklei8h Road North London N20 ODH Ms R Elarding Head Teacher Approved by Ordof the E¥Ard oftrLL on 27 May 2022 alxl signed on its tehalf by: Ms R Harding. Truste¢
OAKLEIGH SCHOOL PAREf*T STAFF ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEYfEMBER 2021 The tn]ste&s present thcir rert with the f]nala[ statCTnents of the cbarity for the y&u ended 30 Septernber 2021. The trustees bave adopted the provisions of Accounting and Reporting by Chatitie5.' Stsiement of Reeommended Practice applicable to chariries preparing their accounts in accordance with the FiDanci2] RertIng Standard applieable in the UK and R¢public of Ireland {FRS 102) {eff¢¢thve l January 2019). STRtiCTURE. GOVEKYANCE AN'D MANAGEhfENT Goi'erning document The Charity is controlled by its governing d(ument, a deed ofÉtL81 and constittlles aD unincorponted charity. REFERENCE AND ADfvIIMSTRATIVE DETAILS Regi$tered Charity number 802621 Principal address Oakleigh Road North Whetstone London N20 ODH Trustees Ms R Harding Head Teacher Approved by order of the EKJard of tru51ees on............. . aDd signed 00 its behalf by: Tllee Page I
INDEPENDENT EXAMINER'S REPORTTO THE TRusfEES OF OAKLEIGH SCH4X)L PARENr STAFF ASSOCIATION Independent retKirt to the trwstea ofoAXLEiGH scHL PARENT sfAFF A)CIaTION I rttK>rt to the charity tsuskcs on my examination of the a0 of OAKLEIGH SCH(K)L PARENT STAFF ASSOCIATION {the Tnw) forthe yearended 30 Septhbtt2021. Re5ponsibllttiu basis of rert As the charity trustees of the TnLs ytyj are re5p(wibk for rrion of the aceixrrts in accd with the UireMts of the Cjwities AL 2011 (the ALfj. l P)rt in respert of my &Kamination of th¢ Tntsvs accounts (arried out section 145 of the Act and in carrying out my ¢¥aTnion I have followal all aM>li(¥bl¢ Di#50n5 8ive¥) by the Charity Cawnilon sedion 145(5)(b) of the ALt dependent ststemettt I have completed my examination. I confirn] Matla[ matters have come to my att¢urtÉon in connrttion with the examination 8ivingme lx to believe that in any Mar1 respecL a¢coiinting records were not kept in res of theTn#&% rryuir try seLl 130 of th¢ ALX; ( the accounts do not comply with the applithlr requirrnts CC4K%rnirg the fomi aryl contart of aecounts set out n the Chariti&s {A¢counts aTMI Rew>rt5) Re8ulati(ns 28 other than any r4uirement that the accounts give a tru¢ and fair view which is not a maiter COTLsidered &s part of an indwdott examination. I have Conce and have e(xne acTC6S M ither matters in Cme£0t) with the ex2minatiOD to whi¢h attention should i drdwn in this rerort in order to enable a pro1 uleT4ndIng ofthe acc4Jmts to be reached. erg ' 5 versaAccothnts Ltd Clwtered Certified A¢uT Unit 2 101 Kingsland Ro*J London E2 8AG 27 May 2022
OAKLEIGH SCHOOL PARENT STAFF ASSOCL4TJON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR LFIDED 311 SEFfEMBER 2021 2021 To fimds 2020 Total fimds UTJrestri¢ted Restri¢ted fid$ Note5 INCOME AND Ef4DOWMEYfs FROM Donations and legacies 3259 3.259 4,014 Other trading activities Investment income 34.123 34.123 Total 37J82 37.382 4,019 EXPENDITURE ON Raising fi]nds 605 605 7.398 Other 31,062 31.062 Total 31,667 31.667 7,398 P4ET INCOMEJIEXPEP47I1TURE) 5.715 5,715 {3,379} Transfers betweeD fmnds 18,244 (18244} Net movemellt in funds 23,959 118.244) 5.715 (3,379) RECOP4CILIATION OF FUNDS Total funds brought fonvgrd 2,080 21.431 23.511 26,890 TOTAL FUNDS CARRIED FORWARD 26.039 3.187 29,226 23511 The notes fomi part of thtse fll]all¢ial statements Page 2
OAKLEIGH SCH(K)L PARENf STAFF A&S(lATIoN BALANCE SHEET 30 SEPTEMBER2021 2021 C&th at bank and in haThJ 28.466 3,186 31,652 23JlO CREDoRs Amounts ling due within ¢)ne year (1427) (2.426) I¥ET CURRENT ASSETS 26.039 3,187 29226 23,511 TOTAL A&SETS LE&S CURRENT LIABILITIES 039 3,187 29226 23,511 NET A&SEI8 26,039 3,187 29226 23,511 Unresknct&l fimds ReStr1d funds 26,039 3.187 2.080 21,431 29226 23,511 The fjnanciai ststements were 4yov¢d by the B(•rd of TnL*es al ath)rised fv issue on 27 May 2tr22 and were Sied on its behf by: R Harding- TT The notes fomi part ofthese finan¢ial ststernents
OAKLEIGH scHL PARENT STAFF Ass(lATIoN BALANCE SHEET 30 SEPTEMBER 2021 2021 Total funds 2020 Total funds Unrestricted fimds Restricted funds Notes CURRENT ASSETS Cash at bank aDd in hand 28.466 3,186 31,652 23,510 CREDITORS Amounts falling due within one year (2.4271 (2.426) NET CURREf¥T ASSETS 26.039 3.187 29.226 23,511 TOTAL ASSETS LESS CURRENT LIABILITIES 26.039 3.187 29,226 23,511 NET ASSETS 26.039 3.187 29.226 23.511 FUNDS Unrestricted fid$ Restricted filljds 26,039 3,187 2,080 21,431 TOTAL FuTS 29.226 23.511 The financial stat¢menis were approved by the Board of Trustees alld allthorised for issue - a]]d were signed on its behalf by.. on TNsiee The note5 forni part of these financial StsQ]nellts Page 3
OAKLEIGH SCHOOL PARENT STAFF ASSOCIATIO.N I¥OTES TO THE FINANCtAL STATEMENTS FOR THE YEAR EliDED 30 SEPTE.MBER 2021 ACCOUYTING POLICIES Basis of preparing the finanel*l 5tat¢ments The financial slate]nents of the cbarity. which is a public benefit entity under FRS 102. have been prePd in accordance with the Charities SORP IFRS 1021 'Accounting and RertIng by Chan"ties'. Statement of Recommended Praciice applicable io chan.ties prq)aring their accounts in accoidance with ihe FiDancial Reporting Stat)dard applicable in the UK and Republi¢ of Ireland IFRS 1021 {effective l January 2019),. Financial Reporting Standard 102 Th¢ Financial R¢torting Standard applicable in the UK and R¢public of Ireland, and the Charities Aci 2011. The financial sthicments hav¢ been prepared ujider the historical cost conveniiott. Income All income is recognised in the Statement of Financial Activities once the ehariiy has eDtitlemeni to the funds. it is probabl¢ that the in¢gmc will be re¢¢ived and ihe amowli can be measur¢d reliably. Expendliure Liabilitic% are re¢o8nis¢d as expenditUTe as soon 85 th¢re is a legal or consknjciive obligation comrnitting the charity 10 that expenditurc, il is probable a transfer of econ¢)mic benefits will be r¢quircd in seitlemcnt and th¢ omount of the obligation can measured reliably. Expettditur¢ is accounted for on an accrnals basis and ha$ been classified under headings that ag8regat¢ 011 cosi relai¢d io the category. Where costs cannot be directly attributed lo parti¢ular headings thry have been all?d to aciiviii¢5 on a basis ¢ODSiStent with th¢ use of re50uree$. TAx8tion The charity 1$ exempt from thx OD its charithbl¢ ¥¢tivitie$. Fund actounrfng Unrestricted funds can be used in 8CCOTdance with the charitsble objeetives ai ihe diseretion of the ttustee$. Kcstrict¢d funds can only be u3¢d for panicular restricted pu05¢$ within the objects of the charity. R¢5triclions arise when specified by th¢ donor or when fvnds are raised for panicular restrict¢d purp)ses. Funher explanalion of ihe nature and purpose of each fid is inelud¢d in the notes to the financial statements. Forelgn eurrencle5 Asse1$ and liabilities in for¢1 currencies ar¢ translated itito sl¢rling ai the rates of exchan#e ruling at the balance sheet da. Transa¢lions in forei ¢UTrcncies are translated inio sierlin8 al the ra¢e ofexchange Nlin8 at the date of transaetion. Exchange diff¢ren¢c$ 8re taken Into aOUn1 in 8mvin8 at th¢ ¢)peraliti8 result. Penslon c05t5 4nd other post-retlrernent beneflts The chariiy operates a defjned contributlQD pcnsion scheme. Contributions payable to the charity's pension sch¢rne are charged to the Statement of Financial Activities in the period to whÈ¢h they relate. OTHER TRADING AcfiviTJES 2021 2020 OOPS income 34.123 Page 4 Colliinued...
OAKLEIGH SCHOOL PARENT STAFF ASSOCIATION NOTES TO THE FINAII'CIAL STATEMENTS- continued FOR THE YEAR ENDED 30 SEvfEMBLR 21121 LNVESTMEIIT JNCOME 2021 2020 Deposit accowir interest TRUSTEES, REMUNERATION AND BENEFITS Therc were no tTusiees' remllneraiion or other benefits for the year ended 30 SepMber 2021 nor for the year ended 30 September 2020. Trustees, expenses Th¢ wer¢ no ¢Thstees' ¢xwues paid for the y¢ar ended 30 Septemb¢r 2021 nor for the year ended 30 September 2020. COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES Unresrricied fiJn¢L8 Resrricied funds Total funds INCO1lF. AND ENDOWMENTS FROM Donationq and Icgacics 1,014 4,014 Invcsiment in¢ome Tot•1 1,018 3,(K)I 4,019 EXPENDITL RE ON Rkisin8 fLinds 6.839 559 7,398 NET INCOMFJIEXPENDITURE) (5,8211 2,442 {3,379} Transfers between funds 2,641 (2.641) Lyet movemen¢ fundi (3,1801 1199) 13,379) REcof4cILIA"fioN OF FUI¥DS Total funds brought fonvard 5,260 21.630 26,890 TOTAL FUNDS CARRIED FORWARD 2,080 21,431 23,511 Page 5 continued...
OAKLEIGH SCHI)OL PARENT STAFF ASSOCIATION NOTES TO THE FIf4ANCIAL sTATEMETS- Continued FOR THE YEAR ENDED 30 SEFfEMBER 2021 CREDITORS: moUNTs FALLING DL'E wrrHIP* ONE YEAR 2021 2020 Trade creditors Other ereditors 2,426 2,426 MOVEMENT I.Y FbNDS Net movement Tramsfer5 beh¥een fund5 At 1.10_20 At 30.9.21 UDrestri¢ted funds General fund Oakleigh Opportullities For The Play (oops) 2,080 188 18,244 20,512 5,527 5.527 2,080 5,715 18,244 26,039 Restrteted fund$ Hydro Pool Sensory RoonblEquiprnent 18,244 3.187 (18,2441 3,187 21.431 (18.244) 3,187 TOTAL FUTr4DS 23.511 5,715 29.226 Net Tnovcrnent in fwid4 included ID the above ate as follows: Incoming Resou¢5 expended MoTrement in ft]nds Unrestricted funds General tund Oaklcigh Opwrtuniiie5 For The Play 718 {530) 188 (oops} 36,664 {31,137) 5,527 37,382 (31.667) 5.715 TOTAL FUNDS 37,382 131,667) i,715 Page 6 ¢oDtinued...
OAKLEIGH SCHOOL PARENT STAFF ASSOCIATION NOTES TO THE FINANCIAL sTATlENTs- £oTrtiTrued FOR TIIE YEAR ENDED 30 SEvfEMBER 2021 MOVEMENT IN FUNDS- eottiinued CornparatSves for mtsvement In (IlDd$ Net movement in fullds Transfers between funds At 1.10.19 At 30.9.20 Unrestrleted funds General fiu)d 5260 15.821) 2.641 2,080 Restrleted funds Hydro Pool Sensory ROomll1pment Pdrentillg Support Softplay 15.244 3,750 1,636 18,244 3,187 {5) 11.636) {i.000) 21,630 2,442 (2.641) 21.431 TOTAL FUNDS 26,890 {3.379) 23.511 Cott)parative Det movement in fimds, included in th¢ above are as follows: ]ncoming resourees Resources expended Movement in fi]nds Unrestricted fuDds Genernl fund 1,018 (6.839) {5,8211 Restricted funds Hydro Pool Scnsory RoonwEquiprnent 3.IM)O 1558) {559) 3.(MJl (559) 2,442 TOTAL FUM)S 4.019 17.398) (3.3791 Page 7 continued...
OAKLEIGH SCHOOL PARENT STAFF ASSOCIATION NOTES TO THE FtPANCIAL STATEMENTS- ¢ontintyed FOR THE YEAR EPDED 311 SEPTEMBER 2021 MOVEMENT IN FUNDS- eoDtinyed A Current year 12 months and pnor year 12 mollths combined position is as follow$'. Transf¢rs betwe£ fi]nd At 1.10.19 movement in funds At 30.9.21 Unrestrleted funds Generdl fund Oakleigh Opportuniries For The Ploy {(K)PS) 5260 (5,633) 20,885 20,512 5.527 5.527 5260 1106) 20,885 26,039 Re9trlcted fuDdi Hydro Pool Sensory Root7VEqtsipment PlntIn8 Support Softplay 15,244 3.750 1.636 3.CK)O 1558) (18,244) {5) {1,636} (1,0001 3.187 21,630 2.442 (20.8851 3.187 TOTAL FUNDS 26.890 2,336 29,226 A current y¢aT 12 months and PriOT year 12 months ¢ombined net movement in tt&S. included in the above are as follow5.. In¢omin8 Re50urce5 expended Movem¢ni in funds Unregtrlcted fuDd G¢neral fund Oaklei¥h Opportuniiies For The Play (oops) 1,736 {7.369) 15.033) J6.664 131,137) 5,527 38,400 138,506) Re$lrlcted funds Hydro Pool Sensory RoOmqUIpment (1061 3,(K)O 1558) (559) 3.001 (559) 2.442 TOTAL FUNDS 41,401 139,065) 2,336 In the AGM dated 12 July 2021, it was decided to 01'e the PSA 51[]Cted funds for the Hydrotherapy Pool to Unrestricted fund5 as Ruth Harding shared that th¢ refurbishrnent will hopefijlly bc paid for by the Local authority and therefore asked for ¢he CommÈttee's agreement to remove the restriction to this fund. Ruth ¢)nta¢ted each of thc donors to advÈse of th¢ proposed re-allo¢ation of to the unrestrictive immcrsive sensory playroom fund and Iheff were no objeciioJs raised. Pagc 8 conlinued...
OAKLEJGH SCHOOL PARENT STAFF ASSOCL4TION NOTES TO THE FIP¥ANCIAL STATEMENTS- totttlDued FOR THE YEAR EP*DED 30 SEPTEMBER 2021 RELATED PARTY DISCLOSURES Ther¢ were no relatrd party transactions for th¢ year ended 30 Sept¢mber 2021. Page 9
OAKLEIGH SCHOOL PAREf4T STAFF ASSOCIATION DETAILED STATEMEiNT OF FINANCIAL AcnviTIES FOR THE YEAR ENDED 30 SEPTEMBER 2021 2021 2020 INCOME AND ENDOWME.YTS Donati0115 and legados Donations 3.259 4,014 Other trading actiwitse5 OOPS income 34,123 Investment ineome DepN)sit account interest Totsl incomin8 resources 37,382 4.019 EXPENDITURE Raising don*tion$ and legades Sundries Siblings Digitsl Piano 75 2(X) 75 764 Other trading a¢tivitles School Fundraising Leavers Parries Minibus S¢hLN)l Theatre Trips 259 152 4,343 1,880 530 530 6,634 Other Nllage5 Social security Petksions PaiToII cost Bus Ttip 23,546 i,984 133 464 935 31,062 Total resources expended 31.667 7,398 Net iDcomel(exp¢nditure> 5,715 (3,379) This page does not form pan of the statOry financial ststements Page 10