**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: - give a true and fair view of The Cope Primary School PTA’s financial affairs for the year ended 30 June 2020 - 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**| |---|---|