Finances

The NPSA raises funds to pay for resources at Newbridge Primary School. For the past few years we have been able to commit to funding (or part-funding) the cost of the following things every year: Twinkl subscription; Forest school classes; DoodleMaths; costumes for Dance Umbrella; Year 6 lifeskills course and leavers' hoodies; the "Book at Bedtime" annual event; cookery ingredients; snacks for children sitting SATs; and batteries for the Newbridge defibrillator. 

This normally adds up to approximately £9,000.  

In an average year we are fortunate enough to raise anything between £20,000 and £30,000 and so are able to make "extra" purchases such as the outdoor classroom in the wildwood, the new interactive screens which are now in nearly every classroom, laptops, entire reading schemes and all sorts of extras like Christmas pantomimes and trips to the theatre. 

As a registered charity, we submit our audited report and accounts to the Charity Commission annually, you can read those here 

Fortunately our finances were in a strong position when the pandemic hit, so we have been able to continue with our annual commitments to the school, although we have minimised our spending on "extras". The extras that the Trustees agreed for the year 2020-21 were running a food bank during lockdown and some IT purchases.  

The NPSA has extremely low overheads, and our running expenses are approximately £150 a year, which is made up of our insurance cover and ticketing costs. 

Despite the enormous challenges we (and all charities) have faced and are facing as a result of the pandemic, we are in a stable financial position and will be able to meet the annual commitments again in the year 2021-22.  

2020/21 Income