OMACH ACADEMY SCHOOL FUND 21-23 DUBLIN ROAD OMACH CO TYRONI BT78 IHF RECEIPTS AND INAYMENTS ACCOUNT FOR THEI YEAR LI NDED 31 JULY 2022 McAleer Jaclcson Ltd Ch¢lltei'ed Accountants & T<lX Advisers Chui'ch Hoiise 24 Du.blirL Road OMAGII Co T.01]e B'I'78 114L', CHARTERED ACCOUNTANTS IRELAND
OMAG'H ACADEMY SCHOOL fiUND 21-23 DUBLIN ROAD OMAGH CO TYRONE BT78 1 HF BUSINESS INYOIIMATION Aecoiintants McAleei' Jacksoii Ltd Chartei'ed AccoLinlants & Tax Advisei's Cl)ui'ch H.oiise 24 Dublin Road OMAGH Co I"yrone BT78 IHE Business address 21-23 Dublin Road OMAGH Co Tyi'oiie BT78 IHF Banker8 Daiiske Baiik Biisiness Banking POBOX 183 Doijegall Squai'e West Belfast BTI 6JS
OMAGH ACADEMY SCHOOL FUND 21-23 DIIBLIN ROAD OMAGH CO TYRONE BT78 1 Hr CON'A'ENTS Page Indepeiident Examinei's report eIpts and Payinents AccoiLnt Statfflnent of Ass¢ts and Liabil ities Notes to tlie accouiits
INDEPEI NDEI NT EXAMIfqER?S RLI POIIT TO THf CHARITY TIIUSTLI Li S OF OMAGH ACADEMY SCIIOOL filJND We reporl oli the accoiiiits of tlie Ti'ust foj. the yeai- ejidcd 31 July 2022, wliicli al'e set out oli page.8 2 to 4 of tlie annual i'epoit. Respective responsibilitics of cliaR'ity ti"iistees aiid examiiieA' As the chai'ity's ti"Iistees yoii al'e i'esponsible for the prepai'atioii of the accoiTnts in accoi'dance with the Chai'ities Aet (Noi'lhei'n IIEland) 2008. It is our respoiisibility to: oxainiiie thc accoLints iiiidei. section 65 of the Chariti&% Acl follow tlie pi'ocedLires laid down iii I"lie general Directi011s given by tlie Coiminis£ioii iiiidei. seclion 65(9)(b) of the Cliai'ities Act state wlietliei- pai'ticill, Inati¢i's liave coine to oui- attention. Basis of illdepeiideiit examiiier's report We liave exainined YOUT. cliai'ity accounls as i'eqiiired iindei. section 65 of tlie Chai'ities Act and our ¢xatllinatioii was c"11¢d OLIt in accoi-dance witli the genei'al Dii'¢¢tioiis given by tlie Chai'ity Coininissioii foi, Noi'thei'n Ii'e1211d ui)dei' section 65(9)(b) of the Cliai'ities Act. OITI. exainination included a I'cview of the aGcoiinting records kept by tlic chai'ity and a compai-isoii of tlie accoiiiils pi'esented with tliose I'ecoi'ds. It also included coiisidei'ation of any iiiiusual iteins or disclosiii'es in th¢ accouiits, aiid seeking explanatioiis fi'om you as chai'ity ti'ustees conrKiiiing any such Inatters, Oui. I'ole is to state whet1)er ajiy matei'ial Inatters hav¢ conic to OLir atteiition giving us caiise to believe: l. That aexounting i'ecoi'ds wei-e not kept in accoi-daiice witli sectioii 63 ofilie Ch81'ities Act 2. That the accounts do not accoi'd with tliose accountiiig i-ecoi'ds 3. Tliat tlie accounts do not cojnply with tlie accolinliiig i'eqLliI'eiiients of ilie Chai'ities Act 4. That theie is furtliei- inforinatioii needed for a proper iiiidei-slaiiding of tlie acLounts to be reached. Independeiit examinei s statement Wc hav¢ completed oui- cxainiiiatÈon and have no concei'ns in respect of the Inatters ( l) to (4) list above aiid, in coniisction witli following tlie Dii'ections of tli¢ Charity Cominission for Noithern Iitland, we have found iio Inatters Iliat i'equire di'awiiig to your att¢ntion. For and oil behalf of McAlc¢i' Jackson Ltd Cliartered Accountant5 & Cliartercd Tax Advis¢i"s Cliurcli l-lovse 24 Dubliii Road OMAG14 Co. Tyrone BT78 IHE Dale., 13 Deceinbei" 2022 Pagye I
OMAGH ACADLI MY SCHOOL fiUND REI CEI lPT8 PAYMLI NTS ACCOUNT for tbe yeAr ended 31 Jiily 2022 Cliai'ity No ]YIC 103664 TotAI year funds 2010 Unresti'icteil Resti'icted £1 Iiiloiyii?nt TotAI funds funds income flliid$ funds 2021 Recomniende<l cRtegoi'I by Aetlvlly Income aiid cJ]doiYmcnts Irom: Donations Trips GiftAid Music income Grants. & FA rcfund5 Sttpai'atc matci-ial item of income Olhsi. Total I xpenditui'¢ I xpenditui'e uii: Raising funds Cliaritable activities Sepai'Hte Inalei'ial cxpcnsc iteni Olhei.: Staff ti'aining l<epairs and maintenance Music cxpcnses Books & past papei Sportittg expenses Science/m&ths &xpenses Staff dinn¢rs & pi'e5eiits Hislory expenses Eiiglish cxpenscs Ti'ip$ refijnds Open ni81)t and P6 tastcr cvonl Yw. 14fvn day General expenses Jubiltt expenscs Pastoral care Arl expenses Agricultural expenses 11,340 799 2,384 2,250 625 11,340 799 2,384 2,250 625 670 17.398 17.398 13,123 320 320 2,774 ,925 1,835 456 53 2,774 1,925 1,835 456 53 140 12,699 393 100 83 743 4,106 101 I,ioo 730 535 743 4,106 101 1,100 7JO 535 1,119 100 200 735 1.509 100 200 TotAI 16.097 16,097 15.659 Net incoiiiel(exE)cnditui'c) befoi'e tHx for the reporting ileriod Tilx payable Net ineomel(expenditureJ Rfter tRX bofore iiivestment gAii)sl(losse5) Net gainsl{losscs) on invcstinenls r4et inconicJ(cxpenditui'o) I xtraordinAry iteins Trftjisfers betwecii funds Otlier recognTScd gRillsl(losses)', Qains and losses on i'evaluatioii of fixcd Ls5cIs for Ihc chari¢y'5 own 118e Ollier &1iiisI(losses) N¢t movement in funds 1,301 1,301 (2.536) 1,301 1,301 (2.536) ,301 ,301 12.530) 1,301 1,301 (2,536) Recoiicili14tion of fiillds: Total funds brouglil forwai'd Totil fuNd5 cari'icd foi'ivard 71,903 73,204 71,903 73,204 74,439 71.903 Page 2
OMAC¥H ACAI)EI IVIY STA TIMII NT of4 ASSL4 TS AND LIAIIJI,ITIEi S as at JI Jiily 2022 Chaj'ity No NIC 103664 Unrestrictetl Restrieteil fttii(Is ineonie funds nilo)Yment funds Total 2022 Total 2021 Fixed 8ss¢ls Iiilangiblc Taiigible assets J4ei'itage assets Inveslineiits Total fixe(l Assets Curi'ent a55ets Stocks Debl'ors li)vestmcnt5 Cil sh aL bank and In halld 'rotal current Assets 73,205 73.205 73,205 73,205 71,903 71.903 Creditors: HTnounts falling Iliie iyitlilii onc year Net curreiit 9SSQtsl(liabililies) 73,205 73.2DS 71,903 To¢il 8ss¢t8 l¢ss curi'ent liabillties 73,205 73,205 71.903 Credltors: Amounts fillliig diie After ono ycpr Provisions for liabilities TotAI net llssets or liabilities 73,205 73,205 71,903 ri unds of the Charity Endowinenl fuiids Rcslrictcd incoiiie funds Unrestricted funds 73,205 73.205 71,903 Revaluation rcscrvc Fail Y&lue rescrve Totsl funds 73.205 71,205 71,903 Si8ncd oll bchalf of all truste¢s'.- Dale - 13 December 2022 Mi's11 M8xwell Dalc '. 13 Deceiber 2022 Mi. K Han)ilton Page 3
oiktAGH ACAD. SCHOOL FUN NOTES TO THEI ACCOUNTS for tlie year ended 31 July 2022 Chai'ity No NIC 103664 I TRUSTEE RtMUNERATION AND BEINEFITS Non¢ of tlie trustees have bceii paid aiiy reinuiieratioii oi. received any othci. b¢ii¢fitS troin an employment with Oinagyli Acadcmy Scliool FLiiid or a related entity. 2 TRUSTEft NSES No ti'ustees expenses havc becn incuri'¢d. 3 RLtLATED PARTY TRANSACTIONS Tlie wcre no related party h'ansactions in the repoi'tii)g period that IEquire disclosiirc. Page 4