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2022-06-30-annual-return

The Charity Commission for Northern Ireland Registration No. NIC103097

FRIENDS OF ST TERESA'S

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

FRIENDS OF ST TERESA'S

CONTENTS PAGE
General Information 1
Annual Report of the Directors 2-4
Independent Examiner Report 5
Statement of Reciepts and Payments 6
Statement of Assets and Liabilities 7
Notes to the Financial Statements 8-9

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

GENERAL INFORMATION

CHARITY NAME

FRIENDS OF ST TERESA'S

REGISTERED CHARITY NUMBER

Charity Commision NI

NIC103097

Approved 18 Sep 2015

CHAIRPERSON

Sharon Mc Kee

CHARITY TRUSTEE'S

Mr Matthew Mc Swiggian Mrs Liz Gorman Mr Terry Rodgers Mrs Joanne Lewis-Gormley Mr Brendan Mcparland Mrs JoAnne Lewis

PUBLIC ADDRESS

St Teresa's Primary School, Glen Road Belfast BT11 8BL

INDEPENDENT EXAMINER

Tony Clarke Clarke&Co. Accountants 53 Andersonstown Road Belfast BT11 9AG

BANKERS

Danske Bank Kennedy Centre Belfast BT11 9AE

1

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

ANNUAL REPORT OF THE TRUSTEES

Trustees present their report and the unaudited financial statements of the charity for the year ended 30 June 2022.

Reference and Administrative Information

The name of the charity's trustees at the date this report was approved are listed on page 2, together with the address of the principal office of the charity and the charity's registration

Charity Management Committee

Sharon McKee Chairperson (reappointed September 2018)
JoAnne Lewis Vice Chairperson (reappointed September 2018)
Liz Gorman Secretary (reappointed Sept 2019)
Brendan McParland Treasurer (reappointed Sept 2019)
Terry Rodgers Teacher Representative
Matthew McSwiggan Teacher Representative
Saoirse Meehan Volunteer
Paul McGivern Volunteer
Cara Collins Volunteer
Maria McCotter Volunteer
Liz Gorman Volunteer
Collette Campbell Volunteer
Tara Vallelly Volunteer
Louise Easton Volunteer

Objectivies and activities

Friends of St Teresa’s was established in February 2015 with the aim of advancing the education of pupils in St Teresa’s Primary School, Glen Road Belfast in particular by:

• Developing effective relationships between the staff, parents and others associated with the school;

July 2021 – June 2022

2021-2022 was heavily impacted by COVID. There was one key initiative supported by a donation of £4,864 from Belfast City Council, this was received in the previous financial year and as of 30 June 2022 a total of £3,753.06 has been spent. The remaining £1,111 has been ring fenced and will be spent accordingly in this financial year.

There were two fundraising activities, Christmas Draw and Tuck Shop at end of year show, these events combined raised a net profit of £3,815.

The committee opened the year with a balance of £6,066, total income throughout the year was £5,144, with expenditure at £5,787 resulting in a closing balance on 30[th] June 2022 of £5,423.35.

2

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

ANNUAL REPORT OF THE TRUSTEES CONTINUED…

Financial review

The results for the year are set out on page 6 & 7. The charity returned net reciepts/payments for the year of £944 (2021: net reciepts/payments £(643). At 30 June 2022 the total funds of the charity amounted to £5,423 (2021:6,066) of which restricted funds were £NIL (2021:£NIL).

Reserves policy and going concern

As a charity set up to support St Teresa’s Primary School, a minimal level of reserves are held in order to support costs associated with fundraising. The charity holds no investments, or assets with items purchased through fundraising becoming assets of the primary school.

As we look forward into the 2021-2022 financial year, we are enthused to do what we can to support we St Teresa’s PS, with much needed counselling for the children, an outdoor play area and equipment identified as key needs. We remain motivated by the moto of the school, Deeds Not Words

Plan for the future

To maintian the same level of services in the area.

Structure, goverance and management

Friends of St Teresas is a registered charity, number NIC103097 and is governed by it constitution.

New trustees are appointed when appropriate. Suitable candidates are considered on the basis of their skills, experience and sympathy with the aims of the charity. New trustees will be agreed at a trustees meeting before being invited to join.

3

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

ANNUAL REPORT OF THE TRUSTEES CONTINUED…

Responsibilities of Trustees

As the charity's trustees we are aware of our responsibilities for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.

It is also our responsibility to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with CCNI guidelines. The Trustees are also responsible for safeguarding the assets of the charity and hence to take reasonable steps to prevent and detect fraud and other irregularities.

Disclosures of Information to Independent Examiners

To the knowledge and belief of the Trustees there is no relevant information of which the organisation's independent examiners are not aware. The Trustees have taken all the necessary steps of which they are aware, provided relevant information and established that the organisation's independent examiners are aware of the information.

Signed on behalf of the board of the Trustees

Mrs Liz Gorman Chairperson

Date:

4

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF ST TERESAS ON THE UNAUDITED FINANCIAL STATEMENTS

I report on the accounts of Friends of St Teresas for the year ended 30 June 2022, which are set out on pages 6 to 9. These accounts report from 01/07/2021 to 30/06/2022.

Respective responsibilities of charity trustees and the examiner

As the charitys trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.

It is my responsibility to:

Basis of Independent Examiner's report

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.

My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It was also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

Independent examiner’s statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to you attention.

Tony Clarke Date: Clarke&Co. Accountants 53 Andersonstown Road Belfast BT11 9AG

5

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

STATEMENT OF RECEIPTS AND PAYMENTS

Receipts
Voluntary Receipts
Donations & Gift Aid
Grants
Legacy
Fundraising Appeals
Bank Interest
From Charitable Activities
Charitable Activities		 Year to
Year to
Unrestricted
Restricted
Endowment
Jun-22
Mar-21
Funds
Funds
Funds
TOTAL
TOTAL
£
£
£
£
Note
-
-
-
-
-
1
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2
-
-
2
5
2
5,143
-
-
5,143
4,864		 Year to
Year to
Unrestricted
Restricted
Endowment
Jun-22
Mar-21
Funds
Funds
Funds
TOTAL
TOTAL
£
£
£
£
Note
-
-
-
-
-
1
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2
-
-
2
5
2
5,143
-
-
5,143
4,864
Total Receipts 5,145
-
-
5,145
4,869
Payments:
Costs of Fundraising
Charitable Activities
Grants & Donations
Governance Costs
Asset and investment purchase
Purchase of Equipment		 3
3		 -
-
-
-
-
5,625
-
-
5,625
5,670
-
-
-
-
-
162
-
-
162
142
-
-
-
-
Total Payments: 5,788
-
-
5,788
5,813
Net receipts/(payments)
Transfers to/(from) funds		 (643)
-
-
(643)
(944)
-
-
-
-
-
Surplus/(deficit) for the year (643)
-
-
(643)
(944)
Reconciliation 30.06.22
Cash at bank & in hand 30.06.21
Surplus/(deficit) for this year end		 6,066
-
-
6,066
7,010
(643)
-
-
(643)
(944)
Cash at bank & in hand 30.06.22 5,423
-
-
5,423
6,066

The statement of receipts and payments includes all gains and losses recognised in the year.

All incoming resources and resources expended derive from continuing activities.

6

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

STATEMENT OF ASSET AND LIABILITIES

Funds Reconciliation
Cash at bank & in hand 30.06.21
Surplus/(deficit) for this year end
Cash at bank & in hand 30.06.22
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
Other Assets
Assets
Liabilities
Village Hall (hire fee owed)		 Unrestricted
Restricted
Total
Total
Funds
Funds
2022
2021
£
£
£
£
6,066
-
6,066
7,010
(643)
-
(643)
(944)
5,423
-
5,423
6,066
Unrestricted
Restricted
Total
Total
Funds
Funds
2022
2021
£
£
£
£
-
-
-
-
5,423
-
5,423
6,066
-
-
-
0
5,423
-
5,423
6,066
Unrestricted
Restricted
Total
Total
Funds
Funds
2022
2021
£
£
£
£
-
-
-
-
-
-
-
-
Unrestricted
Restricted
Total
Total
Funds
Funds
2022
2021
£
£
£
£
-
-
-
-
-
-
-
-

The financial statements were approved by the board Trustees on ………………………………...and were signed on their behalf by:

Sharon Mc Kee

Date

7

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

NOTES TO THE ACCOUNTS 1 Generated Funds

2
**3 **		 Interest
Totals 2022
Totals 2021
Activities for generating funds
Generated income
Refunds
Totals 2022
Totals 2021
Payments on charitable activities
Equipment
Cost of Charitable Activities
Sensory equipment donation
Entertainment
Total 2022
Total 2021
(b) Interest payable
Accountancy
PTA Fees
Bank Fees
Total 2022
Total 2021		 2022
Unrestricted
Restricted
Funds
Funds
TOTAL
£
£
£
2
-
2
2
-
2
5
-
5
2022
Unrestricted
Restricted
Funds
Funds
TOTAL
£
£
£
5,019
-
5,019
123
-
123
5,143
-
5,143
4,864
-
4,864
2022
Unrestricted
Restricted
Funds
Funds
TOTAL
£
£
£
4,013
-
4,013
1,613
-
1,613
-
-
-
-
-
-
5,625
-
5,625
5,670
-
5,670
-
-
-
128
-
128
34
-
34
162
-
162
142
-
142		 2021
TOTAL
£
5
5
2021
TOTAL
£
4,864
4,864
2021
TOTAL
£
-
292
4,500
878
5,670
-
123
19
142

8

FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

NOTES TO THE ACCOUNTS CONTINUED...

**4 ** Funds
Restricted funds
Victoria Holmes
Total restricted funds
Unrestricted funds
General
Total net asset funds		 Balance at Movement in
Resources Transfer of Balance at
1 July 21
Incoming
Outgoing
Funds 30 June 22
£
£
£
£
£
-
-
-
-
-
-
-
-
-
-
6,067
5,145
(5,788)
-
5,424
6,067
5,145
(5,788)
-
5,424
6,067
5,145
(5,788)
-
5,423

5 Independent examiner's remuneration

The independent Examiner's remuneration amounts to an Independent Examination fee of £240 (2021: £240)

6 Post-Balance Sheet Events

None.

7 Related Parties

The Charity does not have any related parties.

8 Trustees remuneration & expenses

During the year, no Trustees received any remuneration (2021 - £NIL). During the year, no Trustees received any benefits in kind (2021 - £NIL). During the year, no Trustees received any reimbursement of expenses (2021 - £NIL).

9