K MAGILL & COMPANY Chari Number: 102299 Friends of St. Columbkille's Annual Re ort and Unaudited Financial Statements for the financial ear ended 31 Au ust 2023 'Accouiitingfor yourfvture" CHARTERED ACCOUtrITANTS IRÉN, I) BALLYGAWLEY I DUNGANNON I BELFAST I www.magillaccountant5.co.uk Friends of St.Columbkilles CONTENTS Page Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Balance Sheet Income and Expenditure Account Friends of St. Columbkille's REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Mrs. Denise Lalahi Mrs. Brenda O Gara Mrs. Carmel Mcwilliams Mrs. Clara McElroy Mrs. Marte Grimes Charity Number in Northem Ireland 102299 Princlpal Address 2 Rockstown Road Carrickmore Co. Tyrone BT79 9BE Northem Ireland Independent Examiner K Magill and Company Chartered Accountan15 5-7 Irish Street Dungannon Co. Tyrone BT70 1JW Northern Ireland Bankers Termonmaguirk Credit Union 6 Creggan Road, Carrickmore Co Tyrone BT79 9BD Northem Ireland Friends of St. Columbkille's TRUSTEES. REPORT for the financial year ended 31 August 2023 The trustees present their Trustees, Report and the unaudited financial statements for the financial year ended 31 August 2023. The financial statements are prepared in accordance wilh FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing Iheir financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Pradice ISORP} guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Friends of St. Columbkille's present a summary of its purpose, governance, activities, achievements and finances for Ihe financial year 31 August 2023. Mission. Objectives and Strategy Mission Statement Objectives and Activities Friends of St. Columbkille's are a group of volunteers who come logether to support the local primary school of Sl Colmcille Carrickmore and enhance Ihe educational experience of the children attending. The Charity support the local school by meeting with the principal to discuss if there are additional educational voluntary support that the Charity can provide. The Charity organi5e fundraising events to enable Ihem to raise funds that are then used to purchase educational resources or equipment for the children of the school. The benefits will be demonstraled by assessing and evaluating the outcome of activities provided by Friends of St.Columbkille's through queslionaires and feedback from pupils, staff and parents. There is no harm arising from our purposes The beneficiaries are the pupils. staff and families of St Colmcille Carrickmore Primary School. There is no private benefit from our purposes. Financial Review During the year ended 31 August 2023, Friends of St.Columbkille's produced a surplus of £9,528 At the end of the financial year the charity had assels of £12,195 and liabilities of £0. It is the policy of Friends of St. Columbkille's to retain a level to cover any unforeseen expenditure and allow the charity to continue in operation. The trustees do not foresee any financial issues in the foreseeable future. Compliance with Sector-wide Legislation and Standards The Charity engages pro-actively with legislation, standards and codes which are developed for the sector. Friends of St. Columbkille's subscribes lo and is compliant with the following= The Charities SORP (FRS 1021 Approved by the Board of Trustees on 4 October 2024 and signed on Its behalf by: Mrs. Denise Lalahi Trustee Mrs. Brenda O'Gara Trustee Friends of St. Columbkille's STATEMENT OF TRUSTEES, RESPONSIBILITIES for the financial year ended 31 August 2023 The trustees are responsible for preparing the financial statements in accordan￿ wilh applicable law and regulations. The law applicable lo charities in Northern Ireland requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as at the financial year end dale and of the surplus or deficit of Ihe company and othetwise comply with the Charities Act (Northern Ireland) 2008. In preparing these financial statements, the trustees are required lo.. select suitable accounting policies and apply them consistently., observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent-, state whether the financial statements have been prepared in accordance with the relevant financial reporting framework, idents'fy those standards, and note the effect and Ihe reasons for any material departure Irom those standards., and prepare Ihe financial statemenls on the going concern basis unless it is inappropriate to presume that the company will conlinue in operation. The trustees confirm that they have complied with the above requirements in preparing the financial statemenls. The trustees are responsible for keeping adequale accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy al any lime the financial position of the charity and enable them lo ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on 4 October 2024 and signed on its behalf by: Mrs. Denise Lalahi Trustee rs. Brenda O'Gara Trustee