REGISTERED CHARITY NUMBER: 101091 ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 Jul 2023 for PTA Friends School Lisbum ASC Wylie UBU Ltd Qualified Accountants. Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Co. Down BT26 6AB
PTA Friend School Lisburn Contents of the Financial Statements for the Year Ended 31 Jul 202) Page Report of the Trustees Independent Examiner's Report Siatement of Financial Activities Balance Sheet Notes to the Financial Statements 7 to 11 Detailed Statement of Financial Activities 12
PTA Friends School um ort of the Trustees for the Year Ended jl Jul 2023 The trustees present their report with the financial statements of the charity for the year ended 31 July 2023. 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 Rewrting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). The FfA Annual General Meeting will be held on Saturday 21 October at 9.15am in the Sports Hall. OBJECTtVES AND ACTivrrIES Objectives and aims The purposes of the wfA Charity are to advance the educaiion of the pupils at Friends, School Li5burn 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 wellbein8 of pupils. The trustees would like to thank all members of the wfA for their a55iStance over the year, a special mention goes lo 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 £30.138 in the previous year £4,416. STRucfuRE, GOVERNANCE AND MANAGEMEiYr Governing document The constitution was adopted at the AGM held on 15 September 2016. The affairs of the pfA are managed by the Trtee$ who are elected annually at the AGM and the President of the Association the School Principal. Page I
PTA Friends School Lisburn ort of the Truslees for the Year Ended JI Jul 2023 STRuuRE, GOVERNANCE AND MANAGEMENr Recruitment and appointment of new trustees At the 2021122 AGM on 22 October 2022, the following Trustees were elected for the Year 2022 12023 and will remain in post until the AGM on 21 October 2023. Therefore, those elected as Trustees are: Parent Representatives.. Riith Bell Anita Brankin Martin Grimley Barry Mageean Lucy Mcclusker Lorraine Mccourt Caroline Reid Judith Rowan Lesley Wilson Teacher Representatives: Kathryn Archbold Niamh Blakeman Craig Cunningham One additional Parent representatives joined as Trustees during the year. This was: Andrea Duncan The following office bearers were elected: Chair - Barry Mageean . Proposed: Martin Grimley. Seconded: Kathryn Archbold. Treasurer- Lesley Wilson. Proposed.. Martin Grimley. Seconded.. Judith Rowan. Secretary - Martin Grimley. Proposed: Niamh Blakeman. Seconded.. Kathryn Archbold. REFERENCE AIYD ADMINISTRATIVE DETAILS Registered Chjrity number 101091 Principal address Clo Ms Lesley Wilson Culbawn 30 Antrim Road Lisburn Co. Antrim BT28 3DH Page 2
rA Friends School Lisburn ort of the Trustees for the Year Ended 31 Jul 202) Trustees Ms K Archbold Ms F Butterly (resigned 2211012022) M Grimley B Mageean Ms M Morgan (resigned 2211012022) G Kerr (resigned 2211012022) Ms R Collins (resigned 2211012022) Ms J Rowan Miss N Blakeman Ms R Bell (appointed 2211 or2022) Ms A Branktn (appointed 2211012022) Ms L Mcclusker (appointed 2211012022) Ms L Mccourt (appointed 2211012022) Ms C Reid (appointed 2211012022) Ms L Wi150n (appointed 2211012022) C Cunningham (appointed 2211012022) Independent Examiner ASC Wylie UBU Ltd Qualified Accountants. Tax & Business Advisors 7 Lisburn Street Royal Hillsborough Co. Down BT26 6AB Approved by order of the board of trustees on .. and signed on its behalf by.. K Archbold - Trustee Page 3
Inde endent Examiner's Re PTA Friends School Lisburn rt to the Trustees of Independent examiner's report to the trustees or vrA Friends School Li5burn 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 2023. 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 2011 {%he ACV). I report in respect of my examination of the Trusvs accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5)(b) of the Act. Independent examiner's statement I have Completed my examinalion. I confinn that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or the accounts do not accord wilh those records- or the accounts do not comply with the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulation5 ?008 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 oiher 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 Co. Down BT26 6AB 21 October 2023 Date: .................. Page 4
PTA Friends School Lisburn Statement of FinancTal Activities for the Year Ended J l Jul ?02J 2023 Unrestricted rund 2022 Total funds Notes INCOME AND ENDOWMENTS FROM Donations 30,922 5,000 Charitable activities Support costs 3,360 Fundratsing & other activities 2,165 Total 36.447 5,000 EXPENDITURE ON Raising funds 4,983 Charitable activities Governance costs Support costs 483 ioi 815 Total 6.309 584 NET INCOME 30,138 4,416 RECONCILIATION OF FUNDS Total funds brought foTward 21,333 16.917 TOTAL FUNDS CARRIED FORWARD 51.471 21.333 The notes forni part of these financial statements Page 5
PTA Friends Sch l Llsburn Balance Sheet 31 Jul 2023 2023 Unrestricted fund 2022 Total funds Nofrs FIXED ASSETS Tangible assets 25.004 CURRENT ASSETS Stocks Cash at bank 888 26.833 21.648 27.721 21.648 CREDITORS Amounts falling due within one year (1,254) (315) NET CURRENT ASSETS 26.467 21.333 TOTAL ASSETS LESS CURRENT LIABILITIES 51.471 NET ASSETS 51.471 21.333 FUNDS Unrestricted funds 51,471 21,333 TOTAL FUNDS 51,471 21.333 The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by= L Wilson - Trustee B Mageean - Trustee The notes forni part of these financial statements Page 6
PTA Friends School Lisbum Notes to the Financial Statements for tlie Year Ended J l Jul 2023 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 Siandard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 201 l. 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 s(K)n 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 basi5 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. FUNDRAISING & OTHER A[VITIEs 202) 2022 Fundraising events Sale of Cups io 2.155 2,165 TRUSTEES, REMUNERATION AIND BENEFITS There were no trustees, remuneration or other benefits for th¢ year ended 31 July 2023 nor for the year ended 31 July 2022. Trustees, expense5 There were no trustees, expenses paid for the year ended 31 July 2023 nor for the year ended 31 July 2022. Page 7 continued...
PTA Friends School bum Notes to the Financial Statements - continued for the Year Ended 31 Jul 202) COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricte fund INCOME AIYD ENt)OWMENfs FROM Donations 5,000 EXPENDITURE ON Charitable activities Governance costs Support costs 483 ioi Total 584 NET INCOME 4,416 RECONCILIATION OF FUNDS Total funds brought forward 16.917 TOTAL FUNDS CARRIED FORWARD 21.333 TANGIBLE FIXED ASSETS Plant and machinery COST Additions 29.416 DEPRECIATION Charge for year 4,412 NET BOOK VALUE At 31 July 2023 25,004 At 31 July 2022 Page 8 continued...
PTA Friend chool Lisbum Notes to the Financial Staternents - continued for the Year Ended )1 Jul ?0?" STOCKS 2023 2022 Stocks 888 CREDITORS: AMOUNTS FALLING DUE wrfHIN ONE YEAR 2023 2022 Other creditors 1,254 315 MOVEMENT IN FUNDS Net movement in funds At 3117123 At 118122 Unrestricted funds General fund 21.333 30.138 51.471 TOTAL FUNDS 21,333 30.138 51.471 Net movement in funds. included in the above are as follows: Incoming rcsources Resources expended Movement in funds Unrestricted funds General fund 36.447 (6.309) 30,138 TOTAL FUNDS 36,447 (6.309) 30.138 Comparatives for movement in funds Net movement in ndS At At 118121 Unrestricted funds General fund 16,917 4.416 21.333 TOTAL FUNDS 16.917 4,416 21,333 Page 9 continued.
PTA Friends Scho l Lisbum Notes to the Financial Statements - continued for the Year Ended 31 Jul 2023 MOVEMENT IN FUNDS - CODtinued Comparative net movement in funds, included in the alx)ve are as follows: Incoming resources Resources expended Movement An funds Unrestrieted funds General fund 5,000 (584) 4,416 TOTAL FUNDS 5,000 (584) 4.416 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 3117123 At 118121 UDrestric¢ed funds General fund 16.917 34,554 51,471 TOTAL FUNDS 16,917 34,554 51.471 A current year 12 months and prior year 12 months combined net movement in funds. included in the above are as follows.. Incoming re50ur¢es Resources expended Movement in funds Unrestricted funds General fund 41.447 (6.893) 34,554 TOTAL FUNDS 41,447 (6.893) 34,554 Page 10 continued...
PTA Friends School Lisbum Notes to the Financial Statements - continued for the Year Ended J l Jul ?023 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended i l July 2023. Page 11
PTA Frie ds Schoo Lisbum Delailed Statement of Financial Activities for the Year Ended 31 Jul 2023 2023 2022 INCOME AND ENDOWMENTS Donations Subscriptions 30.922 5,000 Fundraising & other activities Fundraising events Sale of Cups io 2,155 2,165 Charitable 8etivities Grants 3,360 Total incoming resources 36.447 5,000 ExPENDURE Raising donations and legacies Qui7JdiscolBBQ 349 Other trading activities Purchases Depreciation of tangible fIxed assels Closing stock I,iio 4.412 (888) 4,634 Support costs Management Funding Postage and ststionery PTA feeslsubscriptions Sundries Bank interest 741 38 133 36 loi 133 32 957 266 Governance costs Accountancy and legal fees 369 318 Total resources expended 6.309 584 Net income 30,138 4,416 This page does not fomi part of the statutory financial statements Page 12