The Charity Commission for Northern Ireland Registration No. NIC103097 FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 Tony Clarke 53 Andersonstown Road Belfast BTII 9AG
FRIENDS OF ST TERESA'S CONTENTS PAGE General Information Annual Report of the Trustees Independent Examiner Report Statement of Reciepts and Payments Statement of Assets and Liabilities Notes to the Financial Statements
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 GENERAL INFORMATION CHARITY NAME FRIENDS OF ST TERESA'S REGISTERED CHARITY NUMBER Charity Commision Nl NIC103097 Approved 18 Sep 2015 CHAIRPERSON Mrs Maria McCotter- reappointed September 2023 CHARITY TRUSTEE'S Mr Terry Rodgers Mrs Joanne Lewis-Gormley Resigned September 2023 Mr Brendan Mcparland Mrs Fiona Bennett Mr5 Maria Mccotter Mrs Donna Lidster Nicole Morrison - Vice Chairperson appointed September 2023PI PUBLIC ADDRESS St Teresa's Primary School Glen Road Belfast BTII 8BL INDEPENDENT EXAMINER Tony Clarke 53 Andersonstown Road Belfast BTII 9AG BANKERS Danske Bank Kennedy Centre Belfast BTII 9AE
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 ANNUAL REPORT OF THE TRUSTEES Trustees present their report and the unaudited financial statements of the charity for the year ended 30 June 2023. Reference and Administrative Information The name of the charity's trustees at the date this report was approved are listed on page I, together with the address of the principal office of the charity and the charity's registration Charity Management Committee Maria Mccotter Chairperson reappointed September 2023 N icole Morrison Vice Chairperson oppointed September 2023 Donna Lister Secretary reappointed Sept 2023 Brendan McParland Treasurer (reappointed Sept 2023) Terry Rodgers Teacher Representative Fiona Bennett Teacher Representative Cara Collins Volunteer Tara Vallelly Volunteer Lauren Hanna Volunteer Volunteer Volunteer Volunteer Volunteer Kerri Dyer Michael Kane Michelle Mccullough Shauneen McKay Objectivie5 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. Engaging in activities or providing facilities or equipment which support the school and advance the education of the pupils. July 2022- June 2023 2022-2023 was another successful year for the committee it was good to get a full year of activities back up and running after the disruption of the pandemic. Friends of St Teresa's organised a number of successful fundraising events in the period- A Halloween & Spring disco, Christmas fair, school show and Quiz Night raised £8,952. There were also contributions from the Halifax Foundation which provided an additional £1,000 in matched funding as staff members were active participants in fundraising events. In addition to this we hosted a retirement fun day for our vice principal in June 2023, parents and staff donated a total of £532 which was used to purchase gifts for the outgoing VP. The committee supported one initiative over the year and made a donation to the school of £10,000 to facilitate the purchase of 2 interactive whiteboards, which will improve the educational experience of many of the schools children in the years ahead.
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 ANNUAL REPORT OF THE TRUSTEES CONTINUED,., The committee were delighted with the support from parents and children of St Teresa's primary, at a time when austerity measures continue to have an enormous impact on families. 45Yo of children attending the school are in receipt of free school meals. The immediate area is in top 10% Super Output Areas for employment deprivation and health and disability deprivation. The committee opened the year with a balance of £5,423.35, total income throughout the year was £10,534.50, with expenditure at £14,398.02 resulting in a closing balance on 30th June 2023 of £1,559.93 Flnancial review The results for the year are set out on page 6 & 7. The charity returned net reciepts/payments for the year of £944 {2022: net reciepts/payments £{643). At 30 June 2023 the total funds of the charity amounted to £5,423 (2022:6,066) of which restricted funds were £NIL (2022:£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 2022-2023 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.
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 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: select suitable accounting policies and then apply them consistently make judgements and estimates that are responsible and prudent prepare the financial statements on the going concern basis unle5S it is inappropriate to presume that the company will continue in business. 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 irreRularities. 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 ria Mccotter Chairperson Date..
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 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 2023, which are set out on pages 6 to 9. These accounts report from 01/0712022 to 30/0612023. 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 rny responsibility to: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65{9}Ib} of the Charities Act state whether particular matters have come to my attention. Basls 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(9llbl of the Charities Act. My examination included a review of the accounting records kept by the charity and a compari50n 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: That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charities Act That there is further information needed for a proper understanding of the accounts to be Independent examlner's statement have completed my examination and have no concerns in respect of the matters11) to141 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 53 Andersonstown Road Belfast BTI 19AG Date:
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS R THE YEAR ENDED 30 JUNE 2023 STATEMENT OF RECEIPTS AND PAYMENTS Year to Year to Jun-23 Jun-22 TOTAL TOTAL Unrestricted Restricted Funds Funds Receipts Voluntary Receipts Donations & Gift Aid Grants Legacy Fundraising Appeals Bank Interest Note 1,000 1,000 From Charitable Actlvltles Charitable Activities 9,535 9,535 5,019 Total Receipts 9,535 1,000 10,535 5,024 Payments: Costs of Fundraising Charita ble Activities Grants & Donations Governance Costs 13,174 13,174 1,000 224 5,625 1,000 224 162 Asset and investment purchase Purchase of Equipment Total Payments: 13,398 1,000 14,398 5,813 Net receipt51{payments} (3,863) (3,863) {7891 Transfers to/(from) funds Surplus/(deficit) for the year 13,8631 {3,863) 17891 Reconciliation 30.06.23 Cash at bank & in hand 30.06.22 Surplus/ldeficit) for this year end Cash at bank & in hand 30.06.23 5,424 13,8631 1,561 5,424 7,010 (3,8631 17891 1,561 6,221 The statement of receipts and payments includes all gains and1055es recognised in the year. All incoming resources and resources expended derive from continuing activities.
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 STATEMENT OF ASSET AND LIABILITIES Unrestricted Funds Restricted Funds Total 2023 Total 2022 Funds Reconciliation Cash at bank & in hand 30.06.22 Surplus/{def icitl for this year end Cash at bank & in hand 30.06.23 5,424 {3,863) 1,561 5,424 13,863) 1,561 6,066 (643} 5,423 Unrestricted Funds Restricted Funds Total 2023 Total 2022 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 1,561 1,561 5,423 1,561 1,561 5,423 Unrestricted Fund5 Restricted Funds Total 2023 Total 2022 Other Assets Assets Unrestricted Funds Restricted Funds Total 2023 Tota I 2022 Liabllltles Liabilities The financial statements were approved by the board Trustees on signed on their behalf bv: and were c)w.£w Mrs aria Mccotter Chairperson Date
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 NOTES TO THE ACCOUNTS l Generated Funds 2023 2022 Unrestricted Restricted Funds Funds TOTAL TOTAL Interest Grants Totals 2023 1,000 1.000 1,000 1,000 Totals 2022 2 Activities for eneratin funds 2023 2022 Unrestricted Restricted Funds Funds TOTAL TOTAL Generated income Refunds Totals 2023 9,535 9.535 5,019 123 5,019 9,535 9,535 Totals 2022 5,143 5,143 3 Pa ments on charitable activities 2023 2022 Unrestricted Restricted Funds Funds TOTAL TOTAL Equipment Cost of Charitable Activities General Expenses Total 2023 10,099 2,543 533 13,174 1,000 11,099 2,S43 533 14,174 4,013 1,613 1,000 5,625 Total 2022 5,625 5,625 { b) Interest payable Accountancy PTA Fees Bank Fees Total 2023 140 84 224 140 84 224 128 34 162 Total 2022 142 142
FRIENDS OF ST TERESA'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 NOTES TO THE ACCOUNTS CONTINUED... 4 Funds Balance at Movement in l July 22 Incoming Resources Transfer of Balance at Outgoing Funds 30 June 23 Restrlcted funds Halifax Total restricted fund5 1,000 1,000 11,000) (1,000) Unrestricted funds General 5,424 5,424 9,535 9,535 (13,398) (13.398) 1,561 1,561 Total net asset funds 5,424 10,535 (14,398) 1,561 5 Inde endent examiner's remuneration The independent Examiner's remuneration amounts to an Independent Examination fee of £240 {2022: £2401 6 Post-Balance Sheet Events None. 7 Related Parties The Charity does not have any related parties. 8 Trustees remuneration & ex During the year, no Trustees received any remuneration12022 £NIL). During the year, no Trustees received any benefits in kind12022 £NIL). During the year, no Trustees received any reimbursement of expenses {2022 - £NILI. enses