The Treasurer is responsible for all financial aspects of OPSA.

Duties include:

  • Preparing and circulating the monthly management accounts comprising balance sheet and income and expenditure statement.  This includes the book-keeping for income and receipts using accounts software 'VT Accounts’.
  • Maintaining the School ‘Wish List’ of requested funds and monitoring spend.
  • Preparing Annual Report and Accounts; liaising with Independent Examiner; filing with Charity Commission and submitting the Annual Return (within 10 months of financial year-end in August/ in time for AGM).
  • Maintaining and updating OPSA’s Charity Commission record.
  • Compiling and submitting online annual Gift Aid Submission to HMRC to reclaim gift aid (Autumn).
  • Presenting Treasurer’s report at the 6 OPSA meetings per year* (third Monday of each half term).
  • Banking of Cash and Cheques (from events and school fund); managing OPSA’s bank accounts and updating bank mandates.
  • Managing payment requests received from OPSA; liaising with Finance team at OPS. Raising cheque payments, checking approval and organising second cheque signature.
  • Managing other OPSA income/costs including expense claims, payments for OPSA website, googlead payments for rugby parking and the receipt of easyfundraising donations.
  • Filing, record-keeping, checking stock reports and dealing with queries and other adhoc.

* The Committee intends to reduce the meetings to 3 per year.

 

March 2016