**REGISTERED CHARITY NUMBER: 101091**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 July 2022
for
## PTA Friends School Lisburn
ASC Wylie UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Down BT26 6AB
PTA Friends School Lisburn
Contents of the Financial Statements for the Year Ended 31 July 2022
||Page|
|---|---|
|Report of the Trustees|1 to 2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 9|
|Detailed Statement of Financial Activities|10|
PTA Friends School Lisburn
## Report of the Trustees
for the Year Ended 31 July 2022
The trustees present their report with the financial statements of the charity for the year ended 31 July 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The purposes of the PTA Charity are to advance the education of the pupils at Friends' School Lisburn by supplying and assisting in the provision of facilities for education at the School. This includes the organisation of social and other events to promote good relations between staff and parents and the promotion of the wellbeing of pupils.
The trustees would like to thank all members of the PTA for their assistance over the year, a special mention goes to the secretarial, maintenance and catering staff who year on year go out of their way to make things happen for us. We do appreciate your efforts.
## **FINANCIAL REVIEW**
## **Financial position**
During the financial year the charity made a surplus £4,416 in the previous year (£8,860).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The constitution was adopted at the AGM held on 15 September 2016.
The affairs of the PTA are managed by the Trustees who are elected annually at the AGM and the President of the Association the School Principal.
## **Recruitment and appointment of new trustees**
The AGM was held on 30[th] November 2021 and the Trustees were elected by those in attendance. At a subsequent meeting on 9[th] December 2021 office bearers were appointed.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
101091
## **Principal address**
C/o Ms M Morgan 18 Governors Gate Hillsborough BT26 6FE
Page 1
PTA Friends School Lisburn
Report of the Trustees for the Year Ended 31 July 2022
## **Trustees**
**Teacher Representatives** Kathryn Archbold Niamh Blakeman Simon Patterson
## **Parent Representatives**
Fiona Butterly Barry Mageean Eddy Kerr Mags Morgan Judith Rowan Ruth Collins M Grimley Caroline Reid Lesley Wilson Ruth Bell
## **Independent Examiner**
ASC Wylie UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Down BT26 6AB
Approved by order of the board of trustees on 22[nd] October 2022 and signed on its behalf by:
....... .......................................................... Barry Mageean - Trustee
Page 2
Independent Examiner's Report to the Trustees of PTA Friends School Lisburn
## **Independent examiner's report to the trustees of PTA Friends School Lisburn**
I report to the charity trustees on my examination of the accounts of PTA Friends School Lisburn (the Trust) for the year ended 31 July 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act (Northern Ireland) 2008.
I have examined your charity's accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 63 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr ASC Wylie FCA ASC Wylie UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Down BT26 6AB
Date: .............................................
Page 3
## PTA Friends School Lisburn
|Statement of Financial Activities
for the Year Ended 31 July 2022
Notes
2022
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations
5,000
**EXPENDITURE ON**
**Charitable activities**
Governance costs
483
Support costs
101
**Total**
584
**NET INCOME**
4,416
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
16,917
**TOTAL FUNDS CARRIED FORWARD**
21,333|2021
Total
funds
£
11,001|
|---|---|
||
358
1,783|
||
2,141|
||
8,860
8,057|
||16,917|
The notes form part of these financial statements
Page 4
PTA Friends School Lisburn
|Balance Sheet
31 July 2022
**CURRENT ASSETS**
2022
Unrestricted
fund
Notes
£
Cash at bank
21,648
**CREDITORS**
Amounts falling due within one year
4
(315)
**NET CURRENT ASSETS**
21,333
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
21,333
**NET ASSETS**
21,333
**FUNDS**
5
Unrestricted funds
21,333
**TOTAL FUNDS**
21,333|2021
Total
funds
£
17,232
(315)
16,917
16,917
16,917
16,917
16,917|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on . ............................................ and were signed on its behalf by:
............................................. M Morgan - Trustee
The notes form part of these financial statements
Page 5
PTA Friends School Lisburn
Notes to the Financial Statements for the Year Ended 31 July 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021.
## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**|
|---|---|
||Unrestricte|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations|11,001|
|**EXPENDITURE ON**||
|**Charitable activities**||
|Governancecosts|358|
|Support costs|1,783|
|**Total**|2,141|
continued...
Page 6
PTA Friends School Lisburn
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
|**3.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**||
|---|---|---|---|---|
||**continued**||||
|||||Unrestricte|
|||||fund|
|||||£|
||**NET INCOME**|||8,860|
||**RECONCILIATION OF FUNDS**||||
||**Total funds brought forward**|||8,057|
||**TOTAL FUNDS CARRIED**||||
||**FORWARD**|||16,917|
|**4.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||2022|2021|
||||£|£|
||Other creditors||315|315|
|**5.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
|||At 1/8/21|in funds|31/7/22|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|16,917|4,416|21,333|
||**TOTAL FUNDS**|16,917|4,416|21,333|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|5,000|(584)|4,416|
||**TOTAL FUNDS**|5,000|(584)|4,416|
continued...
Page 7
PTA Friends School Lisburn
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
## **5. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
||At 1/8/20|in funds|31/7/21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|8,057|8,860|16,917|
|**TOTAL FUNDS**|8,057|8,860|16,917|
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|11,001|(2,141)|8,860|
|**TOTAL FUNDS**|11,001|(2,141)|8,860|
A current year 12 months and prior year 12 months combined position is as follows:
|
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Net
movement
At 1/8/20
in funds
£
£
8,057
13,276
8,057
13,276|At
31/7/22
£
21,333|
|---|---|---|
|||21,333|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|16,001|(2,725)|13,276|
|**TOTAL FUNDS**|16,001|(2,725)|13,276|
continued...
Page 8
PTA Friends School Lisburn
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
## **6. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 July 2022.
Page 9
PTA Friends School Lisburn
## Detailed Statement of Financial Activities
|for the Year Ended 31 July 2022
**INCOME AND ENDOWMENTS**
**Donations**
Subscriptions
**Total incoming resources**
**EXPENDITURE**
**Support costs**
**Management**
Funding
PTA fees/subscriptions
Bank interest
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|2022
£
5,000
5,000
101
133
32
266
318
584
4,416|2021
£
11,001
11,001
1,620
127
36
1,783
358
2,141
8,860|
|---|---|---|
This page does not form part of the statutory financial statements
Page 10