Northern Ireland Charity number: NIC101237 HMRC Charity reg No: NI 00472
The Cope Primary School PTA
Accounts
For the year ended 30 June 2020
THE COPE PRIMARY SCHOOL PARENT TEACHER ASSOCIATION
TREASURER’S REPORT 2019-2020
This was the eighth year for the PTA fundraising at The Cope Primary School, formed in September 2012. Our chairperson for this year, Dean Forbes was elected at our AGM on 15 November 2019, as was our secretary Philip Chambers and myself the treasurer. We also maintained the addition of two other trustees, Julie Strain and Lisa McAdam. These roles will be up for election again this year at our AGM.
The rules for claiming gift aid on donations have simplified from 1 April 2017, in our favour, and we are now eligible to claim gift aid relief on small donations.
FUNDRASING INCOME & EXPENDITURE
Our fundraisers this year were as follows:
Christmas Jumper Day
Nativity play
Donations in Lieu of Teachers gifts
Golf Day (suspended due to Covid-19)
A word of thanks must be made to all those who supplied raffle presents, refreshments, fliers and gave up their time to help this year.
COMPLETED PROJECTS
This year we were able to help fund new a new school app. We are working closely with Mr Chambers to see how we can provide further equipment or resources for our school.
CONCLUSION
It was with regret that many of our plans for this year could not go ahead due to the global pandemic and hope to be able to return to fundraising in the near future. All in all The Cope Primary School PTA have benefitted hugely from the generosity of the parents who relentlessly give their time and money at our events so, again, a big thanks must go of to them!
S Ross
----------------------------------------Mrs Stacie Ross (Treasurer) The Cope Primary School PTA
THE COPE PRIMARY SCHOOL PARENT TEACHER ASSOCIATION
INDEPENDENT INSPECTION 2019-20
I have independently inspected these accounts and the accompanying records. In my opinion the financial statements:
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give a true and fair view of The Cope Primary School PTA’s financial affairs for the year ended 30 June 2020
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have been adequately prepared and appropriate records have been kept.
S Dalzell 14 April 2021
----------------------------------------- ----------------------------------------Mrs S Dalzell Date The Cope Primary School
The Cope Primary School PTA
Statement of Income and retained earnings 30 June 2020
| Turnover Donation to pay for lights and sound Donations for Nativity HMRC Gift aid reclaim Golf Day Income Fireside Quiz Christmas jumper day Expenditure Sound for Nativity Play Posters for Golf Day PTA UK Money envelopes Donation to charity cash prize for quiz Depreciation for year Bank charges Total Expenditure (Defecit) / surplus for the financial year Retained earnings at the start of the year Retained earnings at the end of the year |
30 June 2020 £ 220 620 123 0 0 0 963 220 0 105 0 0 0 1,377 49 1,751 1,751 (788) (788) 7,895 7,108 |
30 June 2019 £ 0 400 122 736 366 88 |
|---|---|---|
| 1,712 | ||
| 0 25 105 199 250 60 1,622 56 |
||
| 2,317 | ||
| 2,317 (605) |
||
| (605) 8,500 |
||
| 7,895 |
Approved by the PTA on .
And signed on their behalf by:
S Ross
--------------------------------------Mrs Stacie Ross Treasurer
The Cope Primary School PTA Balance Sheet as at 30 June 2020
| Notes Fixed Assets Tangible Assets 2 Current Assets Debtors Cash at Bank & In Hand Current Liabilities Gift aid overpaid Net Current Assets Total Assets less current liabilities Capital & Reserves Balance B/fwd (Defecit) / surplus of Income over Expenditure Profit & Loss Account Approved by the PTA on And signed on their behalf by: |
30 June 2020 30 June 2019 £ £ £ £ 5,511 6,488 5,511 6,488 0 0 1,596 1,528 1,596 1,528 0 122 0 122 1,596 1,406 7,107 7,894 7,895 8,500 (788) (605) 0 7,107 7,895 |
30 June 2020 30 June 2019 £ £ £ £ 5,511 6,488 5,511 6,488 0 0 1,596 1,528 1,596 1,528 0 122 0 122 1,596 1,406 7,107 7,894 7,895 8,500 (788) (605) 0 7,107 7,895 |
|---|---|---|
| 7,894 8,500 (605) 0 |
||
| 7,895 |
S Ross
--------------------------------------Mrs Stacie Ross Treasurer
The Cope Primary School PTA
Notes to the Accounts 30 June 2020
1 . Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income
Income represents funds received during the year from all sources including grant income, donations and fundraisers.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
2.
| Fixtures, fittings & Equipment Tangible assets Cost At 1 July 2019 Additions Disposals At 30 June 2020 Depreciation At 1 July 2019 Charge for year Disposals At 30 June 2020 Carrying amount At 30 June 2020 |
20% Reducing Balance TOTAL £ £ 9,643 9,643 399 399 - - 10,042 10,042 3,154 3,154 1,377 1,377 - - 4,531 4,531 5,511 5,511 |
|---|---|