Friends of Arvalcc School & Resource Centre Trustees, report and financial %t2tements for the year ended 31 August 202 Northern Ireland Charity number: filC100362 McFarland Arnold & C Chartered Aeeountants
Friends of Arvalee School & Resource Cen¢re ContLlIts for the year ended 31 August 2025 Page Legal and ddininistraiive inforn)aiion Trustcc.%' report Accountants, report to the trustees Siaie]nenl or rinaRcsal activities Balance sheet Notes to the fiiiancial statements 7-10
Friends of Arvalee Schovl & Reyiourtt. Centre Legal and administrative information for the year ended 31 August 2025 Legal status This association is a regyistered charity with the Ch&irity Cun?mission for Northern Ireland since 4 July 2014 under iegistraiion number NIC IOOJ62. Trusttts A1Inarie Bradley Karen Conllolly (resigned 28 November 2024) Donna Dillon Kathleen Gallaijher Ktllie Cjavin Conor Ktys Eimear Keys Jason Samyers (resigned 28 NoveTnber 2024) Karcn Sharkcy CCNI Charity number NIC100362 Registered office Strule Campus Gortin Road Oinaqh Co Tyrone B'f79 71)Fl Aeeountanls McFarland Arnold & Co 8 Main Streei Newiownstewart Co Tyrone Bllsine%s 2ddress Strule Campus Gortin Road Omagh Co Tymne BT79 7DH Page I
Friends of Arvalee Sehool & Ilestsuree Centre Trustees, report for thc ycar indcd .31 August 2025 The trustees present their report and the financial ststemEnts lor the year ended 31 August 2025. Trustees Coininittee member5 olthe a550ciatEon. known as tl"UStee5 for the PLirpose of charity law, who served during the year and up to the date of this report are set out on page l of the fancial statements. Charitable objeets Arvalee School is for cl)ildrtn and voung peopltr aged between three and nineteen ye<ifs old who have severe to Inoderale learning diffjciiliies. Music and sensury experiences give the pupils OPPUrtunilies to enhance their confidence, ommunicatioii and enjoyment of life. Experitnce5 ITi this drtd Cdnnot <ilwdyS bt pruvided as Pdrt uf Ihe LurricLJluin and Ihe school believes thai the enhanced altemaiive ciirriculum makes a huge difference to ihe lives of rhe children. As a result Friends of A Tvalee 8choi)l & Rcsoiirce Centrc was establi.%hcd. The a5SOCldtion has an activc Parcnt, TedLhcr 2nd Friends association which is at)le lo fundraise and provide ci'ents/a¢iivities for piipils of Arvalee School and their families, provide fi]nds for additional resources for Arvalee schnol aRd build links with the local Community. The as%ociation also support the educatlOTicl1 piogress and attainment of pupils in Arvalee school. Friends uf Arv<ilee Schuol & ResourLe Centre is a registered Charity with Ihe Charity Coinmission for Northern Ireldnd sinLe 4 July 2014, under registration nuinber NIC100362. OrganL42tion*l %trnctyre The trustees illeet regularly, administer the Company and make all policy decision5. Revicw of #elivities and achievemenL4 Tlie results reflect the activities cairi¢d oli withiD the association during the year. Going f Oncern The ruiisidered view of the trustees is that, after making enquiries, they have a reasonable expectation that the association will hdve adequate resources available lo finance its obligations for the foreseeable fijtuie. The Trustee5 ¢iT¢ riot iiwaFe vf any events likely ru oL¢ur in the Iwelve months followiiig ihe date of approval of tlie financial statemeiits that may hdve an iinpdLt on the assuciatÈuri's dbility to continue as a going ctsn¢ern. We believe it is therefure apprupridte for the findncidl SEaiements to be prepared on the going concern basis. Resen'es The resulis for the year are set out on page 5 of rhe financial statements. The puTrose of the funds are outliiied in the notes to the financial ststements. Statement of trustees, responsibilities 'I'he .1 riistees are re.%pon5iblc for preparing the Trustees, Report and the financial statemenis in accordance with applicable law and regulation.%. charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the slate of at]airs of the charit! at the year Cild and ol. its incoming resources and resources expended during that year. In preparillg those financial siateneiits, the trustees are required to.. select suitable accounting poliLies and then applv Ihem LonsisLen(ly,' make judgements and tstirnaits that are reasonable and prudcnt., slaie whether applicable accountiiig standdFds and statetnents of recommended practice have been followed Subject to any departures disclosed and explained in the finltncidl st(iiements', and prepai'e tlie tinancial statements on the going con¢em basis unless it is inapproprtate to prtsume that the charity will cotjtinue in business. Page 2
Friend5 of ArvalcL,Schovl & Rcsi)urce Centre Trustees, report for the year ended 31 August 2025 The Irustee5 are responsible for keeping proper accounting records which disclose with reason¢ible accuracy at time the finanLldl position uf the Lhdrity and eniible them lu ensure that the financial statemenls coinplv with the Charities Aci 1993. Thes, are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the PTevention and detection of fraud and other iClI12r111es. Accountants The trustees recoMiend that McFarland Arnold & Co reinain in office until further notice. Special provisions relating to small cnmpanies This report has been prepared in dLLorddnce with ilie Staiement of Recomrnended Practice.. Accounting and Reporting by Charities (FRS 102). This report was approved by the trustees on 12 £02 and signed on its behalf by Signalur¢: Iyame (in bl(Jck capitals): Trustee Page 3
Friends of Arvalee School & Resource Centre Independent examiner's report on the unauditcd financial statemcnt8 to the tru8tees of riends of Arvalee School & Resource Centre for the year ended 31 August 2025 We report on ihe financial statements of Friends of Arvalee School & Resource C.entre for the yeaT ended 31 August 2025 which are 5Ct out on pages I to 14. Respective responsibilities of trustees #nd examiner As described in thc Etatcincnt of truEtees' Tespon.%ibilities thc charirv's tru%iees are responsible for the preparation of the rinancial statements in acci)rdance with the Charitics Act (Northern Ireland) 2008. It is our iespunsibility to'.- cxamine (he financial staiements under section 65 of ihe Charities Aci follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Chiilities Acl state whether particular matters have come to our attcntion. Basis of independent examiner's report We have examined youi charity financial statements as required under section 65 of the Charities Aci and our examination was carried out in accordance with the general directinn.E givcll by thc Charity Commission for Northem Ireland linder section 65(9)(b) of the Charities Act. Our examinarion includcd a review of the accounting rccords kept by Ihe ¢harity and a cnmpari4on of thc financial staternents prtseiited with those record5. It also included consideration of any uniisual itetns or disclosures in the linancial statements, and seeking explanations froin you as charity trustees concernu)g aiiy sucli maitei's. Our role is to staic wheiher any maierial matters have come to our &ttcntion givints us cause to believe.. l. That aL¢ounting recvrds M'ere not kepl in accordanct with section 63 of the Cli&rities Act 2. That the financial statements do no( accord wirh those accounting records 3. '1'hai the financial stateinents do not comply with the accountin(T requireTnents of the Charities Act 4. That there is further infonnation needed for a PTQPtr understanding uf the financial SL2tements io be reached. Independent examiner's statement We have Loinpleled our exainuiation and have no concerns in respect ol tlie Inaiters 111 to 14) listed above Éiiid, in connection with following the direLti(Ins ol. the Charity Ctsmmission tor Northern Irelaiid, w¥ have found no mattel's that require drawing to your attention. k-L, Arknol c.hartered Accountants Date: MeFarland Arnold & C'o Chartered Accountants 8 Main street Neivlown.stewart Co Tyrone Page 4
Friends of Arvallc Schoul & RebourLe CLntre Statement of finaneial actiN'ities for the year endLd 31 Augu¥t 2025 Unrestrict¢d runds RetrIcted funds 2025 Tot21 2024 Inconling resources Donaiions Fundiaising events 6.240 38,563 6,240 38.563 5.771 61.243 Total incoming resourees 44,803 44,803 67,014 Resource5 expended Fundraising expcnses Aciivities for pupils of Arvalee School Accoiintancy fees Inlerest and charges 263 31,133 600 263 31,133 600 823 11,245 600 100 Total resource5 expended 132,177) (32,177) {12,768} Net movement in funds 12,626 12.626 54,246 Total funds brought forward 70,213 9.590 79,803 25,557 Total funds carried forward 82,839 9,590 92,429 79,803 The notes on page5 7 to 10 form an inttgral part of these financial statements Page 5
Friends of Arvalee School & Resource Centre Balance sheet as at 31 August 2025 2025 2024 Notes Current assets Cash ai bank and in hand 92,429 79.803 92,429 79.803 Tr4et current assets 92,429 79,803 Nel assets 92,429 79,803 Funds Unrestricted ndS Restricted fijnds 82,839 9,590 70,213 9,590 92,429 79,803 In approving these fsnancial statements as trusiees of the SocIation we hereby confim) thai we acknowledge our responsibiliiies for.. I l) ensuring that the SOcIation keeps accurate accounting records (21 Preparing findncial staiements which give a iriie and fair view of the state of affairs o( the Sociation as at the end of the fillancial year and of its surplus or deficit for the )'ear then ended. These hnancial statements are prepared in accordance '1th the statement nf Recommcnded Prattict.. Accounting and Reportinu hy Charitics (FRS 102 'Thc financial Reportiniy Standard applicable in the UK and Republic of Ireland). 'rhe financial statements were approved by the Board on 12 2clQ and si.rFned on its behalf by signare.. Name lin block capitals).. Name (En block ¢ilP2tals}.' Trustee Trustee The notes on page5 7 to 10 fortn an integral part of these financial 5tatefflcnts Page 6
Friends of Arvalee School & Resource Centre Notes to the financial statements for the year ended 31 August 2025 General informatitsn The Jssociaiion is a rekjistered chdrity with the Charily Commission for Northern Ireland since 4 Jiily 2014 under registrdtion nllmb¢r NIC100362. The address of the registei'ed office is Strule Campus, Oortin Road, Otnagh, Co Tyrone. Statement of compliance Thcse financial siateinents have beeTJ prepared in CQTnpliance with Accounting and Reporting by Charities-. 8tatcment of Recomincndcd I'ractice (fRS 102. 'The Financial Reporting Standard applicable in thc UK and thc Republic of Ireland'l. Acenunting polieies Basis of prepgration Thc finaiicidl 5tattm¢nts are prepared under the historical cost convention and in accordance with AcLounting and Reporting by Charities.. Statement of Rccominended Piaciice (FRS 102, 'The Financial Reporting Standard applicable in the IJK and the Republic of Ireland,) The charity has taken advantage of the exemption in P'EiS 102 Section l A froin the reqUire¢t to produce a cashflow statement because il is a small charity. The presentation currency of these financial statements is stei'ling. 3.2. Incoming resources Incoine Irom donations and grants, including capital grants. is included in incoming resource5 when these are received. The value of services provsded by volLtnieers has noi been included. 3.3. Interest receivable Interest is included when it is received. 3.4. Resources expended Expendiiure is recognised whell it is paid. Expendiiure includes VAT which the association is ii)eligible to recoveT, and is reported as part of ihe cxpcnditUTe to which it rel&te5. Charitable expenditui'e cornpri5e5 those ctssls incurred by the SOcIation in the delivery of its activities and services for its beneliciaries. It includes both costs that can be allocated directly to such activtties and those costs of an wdirtci nature necessary 10 SUPPOrt them. 3.5. Fund accounting Unrestricted funds Telate to general funds which are available for use at the disLretion of the trustees in furtheranee of rhe general objectives of the charity and which hilV¢ tiot been desionaied fc)r other purposes. Re.%tricted funds are funds i¥hich are to be used in accordallce with specific iestrictions imposed by donor5 or which hav¢ b¢en raised by the charity far particultF purposes. The cost of raisina dnd ad[nIns[ering such funds are char(Ted against the specific fund. The aim and use nf each restricted fund is set out in the notes to the financial statcmcnts. P#ge 7
Friends of Aryalic School & Resource Ccntre Notes to the financial statements for the year ended 31 August 2025 3.6. Taxation A5 a chariry, friends of Arvalee School & Resource Centre is exempt from tax on income and gains fallin 'ithin %cction 505 of the l axes Act l 988 or Section 256 of the Taxaiion of Chargeable Cjains Act 1992 to the extent that these are applied to its charitable objects. No tax charycs have therefore aris¢n for the company for the year ended 31 August 2025. Impxirmenl A I'eview for indicators of impairment is carried out at each reponing date. with the recoverable amount being estimated where such indi¢aiors exist. Iere the carrying valuc excecds thc Tccovei"able amount, thc asset is impaired accordingly. Prior impaiments are also reviewed for po&sible reversal ai cach reporting dale. When it is not P055ible to estimate the recoverable amount ol an individual assel, an e%timatc 18 Inade of the T¢¢overable amount of the cash-generatlllB unit to which the asset belongs. Tlie cash-generating unit is the smallest identifiable group of assets that includes the ass¢t and generates cash inflows that are largely independent of the ch inflows froin other assets or groups of assets. Finanei81 instruments A finaiicial assel or a linancial liability is recognised only when the association becoines a party to the contraciual provisions of the instNment. Basic financial instruments are initially r¢cognised at the triinsdction price. unless the arrangement constitutes a rinancin(T transaction, where il is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrumellt. Debt instruments are subsequently measured at amortised cosi. inancial assets that are Ineasured at cost or ainortised c05t are reviewed for objective evidence of impairnlent at the end of eiich reporting datE. If there is objective evidence of impaim]ent, an impairment loss 55 recognised in profil or loss immedialely. For all equity iDStruinents reg&irdle5s of siLmificanLe, and other financial assets thai dre individudlly significant. these ale assessed individually for iinpainnent. Other financial assets or either assesstd individudlly ur grouped oll the basis of similar CTedit risk characteiistics. Any reversal% of itnpairment are recogniised in profit or loss immediately, 10 the extent that the reversal does not result ill a carrying amount of the financial asset that cxceeds what the caryin(T amoiint would have been had the impairmct]t not previously bEen reColSed. Incoming resources Unrestricted Re.stricted runds funds 2025 Total 2024 Total Donations Fundraising events 6240 38,563 6,240 38,563 5,771 61.243 44.803 44,S03 67,014 Page 8
Friends of Arvalee Sehool & Resouree Centre Notes Éo the fiDanci21 statements for the year ended 31 August 2025 Trustees, emoluments There were no employees during the year apart from the Trustees. The ttee5 neither received nor waived any emvluments during the year. IlnrestTl¢ted funds I September 2024 Incomillg Outgoing 31 August 2025 General fi]nd 70,213 44,803 (32.1771 82,839 44,803 (32.1771 82,839 Purposes oft. unrestricted funds General funds are funds which are available for use at tl)e discretion of the trustee5 ID furtherance of the general objectives of the charity and which have nut been designated for other purposes. Restricted funds I September 2024 31 August 2025 Inspiration fund 9,590 9,590 9,590 9,590 Purpo.%es ijf restri£ted funds R¢gthcted fund.% arc fimds which are to be used in accordance with specific restriciions imposed by donors or which have been raised by the ci)mpany for particular purposes. The c05t of raising and administcrintr such funds are charged against the specific fund. Analysis of net assets between fund5 Unrestrieled rund5 Restricted runds Total fund.s Fund balan¢¢s at 31 August 2025 as fepT¢sented by.. Current setS 82,839 9,590 92.429 82,839 9.590 92,429 Page 9
Friends of Arvalee School & Resource Centre Notes to the finaneial statements for the year ended 31 August 2025 Going f onctrn The considered view of thc trustec% t.E that, after making enquirie8, they have a reasonable expectation that the association will have adequate resouTces available lo finance its obligations for the fare%eeable future. The Tiustees are i)oi aware of any events likely to occur in the nvelve months following the dale of approval of the findiicial stalerneiits thdt Inay lidve an impGlCt on the associalion's ability to Coiitiniie as a going ¢onceni. We believe it is iherefure appropriate fur the finanLial stattments to be prepared ihe guing conceiii basis. Tr#nsaetions with Trusleos The trustees attend meetiT]g8 and carry out the business of the associaiion on a voluntary bls. io. Charity Commission lor Northern Ireland Friends of Arvalee School is a regiSred charity with the Charity Conunission fur Northern Ireldnd SiTrLe 4 July ?014, under registration nuinber NIC100362. Page 10