REGISTERED CHARITY NUMBER: 101091 ort of th¢ TnLSt¢¢s and Unaudited Financial Statements for the YeaT Ended 31 Jul 2024 vrA Fri nds chool Lisburn ASC Wyli¢ UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Lisburn Sir¢¢t Royal Hillsborough Co. Down BT26 6AB
PTA Friends chool Lisburn Contents of the Finan ial Ltat nt Page Report of the Trustees Ind¢p¢nd¢nt Examinerfs Report Statement of Financial Activities Balance Shet Notes to the Finaticial Statemen15 7 to 11 D¢tailcd Statcmcnt of Financial Activities 12
PTA Friends School Lisburn Re rt of the Trustees for the Year Ended 31 Jul 2024 The trust¢¢s pr¢sent their report wilh the financtal statements of ihe charity for the year ended 31 July 2024. The trustees have adopted ihc provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable lo charities preparing iheir accounis in accordance with the Financial Reporting Standard applicable in th¢ UK and R¢public of Ireland (FRS 102) (etfectivc l January 2019). The PTA Annual General Meeting will be held on Saiurday 19 October ai 08.45am in the Sports Hall. oWEIVEs AND ACTIVITIES Objectlves 2nd alms The purposes of the wfA Charity are lo advance th¢ ¢ducation of the pupils at Friends, School Lisburn by supplying and assisting in the provision of facililjes for education at the School. This includes the organisation of sccial and other events to promote good relatio8 between staff and parents and the promotion of the wellking olpupils. The trustees would like to thank all m¢mbers of the PTA for their assislancc ovcr th¢ year. a special mention goes lo the secretarial, maintenance and terIng slaff wlio year on year go out of their way to make things happen for us. We do appreciate your efforts. FINANCIAL REVIEW Flnanelal posltlon During the financial year the charily made a deficit of £(9.881) in ihe previous year a SUTplus of £30,138. STRUCTURE. GOVERNA]W4CE AND MANAGEMENT Governing document The constinition w&s adopted at th¢ 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. Pag¢ I
PTA Friends School Lisburn ort of the Trustees for the Year Ended 31 Jul 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Reeruitment and aPPOiDtment of new trustees At the 2022123 AGM on 21 October 2023. Ihe following Trustees were elected for the Year 202312024 and will remain in post until the AGM on 19 Octob¢r 2024. Therefore, thos¢ elected as Tn15 ar¢: Parent Representatives: Anita Brankin Andrea Cochrane Joanna Cu Aine Grehan-Neeson Barry Mageean Lucy Mcclusker LOa]ne Mccourt Carolin¢ Reid Judiih Rowan Andr¢a Strong Lesley Wilson Teacher Representatives: Kathryn Archbold Niamh Blakeman Craig Cunningh31n Ruth Watson The following office bearers were elected: Chair - Barry Mageean . Proposed.. Kathryn Archbold. Seconded.. Joanna cUy. Treasurer - Lesley Wi150n. Proposed.. Bary Mageean. Seconded: LoThaine Mc Court. Secrelary - No nominations at AGM. Joanna Cuny elected unanimously at a later meelin& REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 101091 Printipal address Clo Ms Lesley Wilson Culbawn 30 Antrim Road Lisburn Co. Antrim BT28 3DH Page 2
VtA Friends School Lisburn ort of the Trnsiees for the Year Ended 31 Jul 2024 Trustees Ms K Archbold Grimley B Mageean Ms J Rowan Miss N Blakeman Ms R Bell Ms A Brankin Ms L Mcclusker Ms L Mccourt Ms C Reid Ms L Wilson C Cunningham Independent Examlner ASC Wylie UBU Ltd Qualified Accountants, Tax & Business Advisors 7 Lisburn Str¢et Royal Hillsborough Co. Down BT26 6AB I qKELk I Approved by order of the Lx)ard of trustees on .. . . and signed on ils behalf by: Ms K Archbold - Trustee Page 3
Inde ndent Examinels Re PTA Friends School LisbuTn rt to the Trustees of Independent exAmlner'$ report to the trustees of PTA Frlends school Llsburn I report to the charity Iruslees on my examination of the accounts of PTA Friends School Lisburn (the Trust) for the year ended 31 July 2024. Responslbllltles And basls of report As the charity trustees of the Trnst you are re8pon$ible for the preparation of the accounts in accordance with Ihe requiremenls of the Charilics Acl 2011 {'the Acl,). I report in respect of my examination of th¢ Trust's accounls Carried out under Section 145 of the Act and in carrying oul rny examination I have followed all applicable Directions given by the Charity Commission under Section 14515){b) ofihe Act. Independent ex*miner's statement I have completed my examination. I confirni ihat no material rnatters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting recofds were not kept in respect of the Trust as required by Seclion 130 of ihe Act; or the accounls do not accord with those records; or the accounts do not comply with the applicable requirements Concerning the fom) and content of accounls set oul in ihe Charities (Accounts and Reports) Regulations 28 oiher (han any requirement that the accounts give a Irue and fair view which is nol a malter considered as part of an independenl examination. I have no concerns und have come across no oiher matters in connttiion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be rca¢h¢d. Mr ASC Wylie FCA ASC Wylie UBU Lid Qualified Accountants, Tax & Business Advisors 7 Lisburn Streel Royal Hillsborough Co. Down BT26 6AB 19 October 2024 Page 4
PTA Friends School Lisburn tat nt f Finan for the Year ialA 2024 Unreslricled 2023 Total fund5 Notes INCOME AND E]YDOWMENTS FROM Donatio$ 3,877 30,922 Charitable aetivitie5 Support costs 3,360 Fundraising & other activities 1,043 2,165 Total 4,920 36,447 EXPENDITURE ON Raising funds 7.392 4.983 Charltable activitks Go*rnan¢e costs Support costs (354) 7,763 511 815 Total 14.801 6,309 NET JNCOMEI{EXPENDITURE) (9,881) 30.138 RECONCILIATION OF FUNDS Total funds brought forward 51,471 21.333 TOTAL FUNDS CARRIED FORWARD 41,590 51.471 The notes forn part of thex financial stal¢m¢nts Page 5
PTA Friends School Lisbum Balance Sheel 31 Jul 2024 2024 Unrestricted fund 2023 Total funds Notes FIXED ASSETS Tangible a&sels 21.253 25,004 CURRENT ASSETS Stocks Cash at bank 850 23,330 888 26,833 24,180 27.721 CREDfTORS Amounts falling due within one year (3,843) (1,254) NET CURREJYT ASSETS 20.337 26,467 TOTAL ASSETS LESS CURRENT LIABILITIES 41,590 51,471 NET ASSETS 41,5 51,471 FUNDS Unrestricted fvnds 41,590 51.471 TOTAL FUNDS 41,590 51,471 The financial statements were approved by the Board of Tntstees and authorised for issue on . and were signed on lis behalf by: L Wilson - Tnt B Mageean - rustee The notes forni part of ihese financtal statements Page 6
PTA Friends School Lisbum NOt<t th¢_Fin foLthQndQd 31 July 2024 ACCOUNTING POLICIKS Basls of preparing the financial staternent$ The financial statements of the chariiy. which is a public benefit enlity under FRS 102, havc bccn Prepared in accordance with th¢ Charitie5 SORP (FRS 102) 'Accounting and Reporting by Charities.. Stst¢ment of Recommended Practice applicable to ¢harili¢s preparing iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir¢land (FRS 102) (effective l January 2019}', Financial Reporting Standard 102 The Financial Reporting Slandard applicable in the UK and Republic of Ireland, and the Chan'ties Act 2011. The financial statement5 have been prepared under the historical c05t convenliort. Ineome All income is reeognised in the Statement of Financial Activities once the charity has ¢ntiilemenl to the funds, it is probabEe Ihat the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon a5 there is a legal or ¢onslTUCtive obligation commilting the chariry to that expenditure. it is probable that a Iransfer of econotnic bencfits will requir¢d in s¢rtlement and the amount of the obligation Can be measured reliably. Expenditure is accounted for on an accruals basi5 and hLs been classified under headings that aggregate all cost related to th¢ ¢al¢gory. Where costs cannot be direclly altribut¢d to particular headings they have been allocated to activities on a basis consistent with the use of resource5. Taxation The charity is exempt froln tax on ils charitable activities. FUNDRAISING & OTHER ACTIVITIES 2024 2023 FundrJising ¢vcnts Sale of Cups io 2.155 82 1.043 2.165 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 July 2024 nor for the year cnd¢d 31 July 2023. Trustees. expenses There were no trustees, expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023. Page 7 continued...
PTA Friends Sch1 Lisburn Notes to th¢ Financial Stal¢m¢nts - conlinucd for the Year Ended 31 Jul 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricte fund INCOME AND ENDOWMENTS FROM Donations 30.922 Charitable activities Support costs 3,360 Fundraising & other activities 2.165 Total 36,447 EXPENDITURE ON Raising funds 4.983 Charitable a¢livities Govcrnancc costs Support costs 511 815 Totydl 6,309 NET INCOME 30,138 RECONCILIATION OF FUNDS Total funds brought forward 21 J33 TOTAL FUNDS CARRIED FORWARD 51,471 Page 8 continued...
PTA Friends chool Lisburn Finan for the Year Ended 31 Jul 2024 nlinu TANGIBLE FIXED ASSETS Plant and tvJa¢hin¢ry COST Ai l August 2023 and 31 July 2024 29.416 DEPRECIATIOIY Ai l August 2023 Charge for year 4.412 3,751 Ai 31 July 2024 8,163 NET BOOK VALUE At 31 July 2024 21,253 At 31 July 2023 25.004 STOCKS 2024 2023 Stocks 850 888 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors 3.843 1.254 MOVEMEIYT IN FUIYDS Net movement infvn At 31no4 At 116123 Unrestricted funds General fund 51,471 (9.881) 41.590 TOTAL FUNDS 51.471 (9,881) 41,590 Page 9 continued...
PTA Friends Sch] Lisburn N tes t the Finan men r Ended 31 Jul 2024 tin MOVEMENT IN FUIYDS- continued Net movemcnl in furjds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 4.920 (14.801) (9.881) TOTAL FUNDS 4,920 {14.801} (9.881) Comparatives for movemeDt in funds Net movement in funds At 313 At 118122 Unrestrleted funds General fid 21,333 30.138 51,471 TOTAL FUNDS 21,333 30,138 51,471 Comparative net movemenl in funds, included in ihe above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 36,447 (6,309) 30,138 TOTAL FUNDS 36.447 (6.309) 30.138 A current year 12 months and prior year 12 months combined posilion is as follows.. Net movement in fimds At 3117124 At 118122 Unrestricled funds General fund 21.333 20,257 41.590 TOTAL FUNDS 21,333 20,257 41,590 Pag¢ 10 continu¢d...
PTA Friends School Li5burn Note5 to ihe Financial Statements - continued for th¢ Y¢ar Ended 31 Jul 2024 MOVEMENT IN FUNDS- eontlnued A current year 12 month5 and prior year 12 months combined net rnovement in fund5. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrieted funds General fund 41,367 (21,110) 20,257 TOTAL FUNDS 41.367 (21,110) 20,257 RELATED PARTY DISCLOSURES There were no related party transactio% for the year ended 31 July 2024. Pagell
prA Friends School Lisburn Detailed Statement of Financial Activiti 2024 2023 INCOME AND ENDOWMENTS Donations Subscriptions 3.877 30,922 Fundraising & other activities Fundraising events Sale of Cups 961 82 io 2,155 1,043 2,165 Charltable aetlvltles Granls 3,360 Total incoming resources 4.920 36,447 EXPENDITURE Ral$lng donatlons and legacles Quiz/discolBBQ 3,603 349 Other tradlng actlvlties Opening stock Purchases Dcpreciation of iangible fixed asscls Closing stock 888 1,110 4,412 (888) 3,751 (850) 3,789 4.634 Support costs Management Funding Poslage and stationery PTA fe¢slsubscriptions Sundries Bank interest 6,103 250 145 125 24 741 38 133 36 6.647 957 Governanee eosts Accountancy and legal fees 762 369 Total resources expended 14,801 6,309 Net (expenditureyintome (9,881) 30.138 This page does noi forni part of th¢ statulory financial statem¢nts Pag¢ 12