OMAGH ACADEMY SCHOOL FUND 21-23 DUIILIN IIOAD OMAGH CO TYRONL IIT78 IHF RECEI IPTS AND PAYMfi NTS ACCOUNT riOR THE YEAR ENDID 31 JIJLY 2023 McAleer Jacksoii l.td Chaiteied Accoiintants & Tax Adviseis Cliiiich House 24 DLibliii Road OMAGI4 Co Tyi'ojie BT78 IHE CHARTERED ACCOUNTANTS IRELAND
OMAGH ACADEMY SCHOOL FUND 21-23 DUBLIN ROAD OMAGH CO TYRONE BT78 IHF BUSJNESS INFORMATION Accountants McAleer Jackson Ltd Chartei'ed Accoiintants & Tax Adviseis Chiirch House 24 Dublin Road OMAGH Co Tyrone BT78 IHE Busine85 address 21-23 Dublin Road OMAGH Co Tyi'one BT78 IHF BRnlcers Danske Bank Business Banking PO Box 183 Donegall Squai'e West Belfast BTI 6JS
OMAGH ACADEMY SCHOOL FUND 21-23 DUBLIN ROAD OMAGH CO TYRONE BT78 IHF CONTENTS Page Independent Examinei s i'eport Receipts and Payments Accoiint Statement of Assets and Liabilities Notes to th¢ account5
INDII PENDENT EI XAM]DIER?S REPORT TO THE CHARITY TRUSTEI ES ofi OMAGH ACADEI MY SCHOOL FUND We i'eport on the accounts of the Ti'ust for tlie yeai. ended 31 July 2023, which al'e set oiit on pages 2 to 4 of the annual i'eport, Respective responsibilitie5 of chai'ity ti'usÉees aiid exan)inei' As the charity's trLlStees YOLI al'e i'esponsible foi. tlie pi'eparation of the accoiints in accoi'dance witli the Charities Act (Noi'tliei'n Ii'eland) 2008. It is our Irsponsibility to.. exainine the accoLintS Lindei. section 65 of the Cliarities Act follow tlie procedui'es laid down in the genei'al Dii-ections giveii by the Coiniiiission under seGtion 65(9)(b) of the Cliai'ities Act state whether pai'ticiilai. Inatters Iiave coine to our attention, Basis of Independeiit examinei s repoi We have exainined your chai'ity accoiints as i'equii'ed Lindei. seGtioi1 65 of the Charities Act and oui. exainination was oai'i'ied OLIt in a¢cordance witli the geiiei'al Dii'ections given by the Chai'ity Cominission for Northei'n Ii'eland iiiidei. section 65(9)(b) of tlie Chai'ities Act. Oiii. exainination incliided a I'eview of the accoiinting I'ecords Icept by tlie chai'ity and a coinpai'ison of the accounts pi'esented with tliose i'ecoi'ds, It also inoluded considei'ation of any iinusual iteins or disclosiii'es in the accounts, and seel(ing explanations froin you as chai'ity tl'LlStces concei'ning any such matters. Oui. i'ole is to state whetlier any inatei'ial niattei's have coine to oui, attention giving 119 cause to believe: l. That accounting i'ecoi'ds wei'e not kept in accordaiice witli sectioii 63 of the Cliai'ities Act 2. That the a¢¢ounts do not accoi'd with those accounting recoi'ds 3. Tliat the aGcoiints do not coinply witl) the accoiinting requiLeiiieiits of the Cliai'ities Act 4. That thei'e is fuithei. infoi'ination needed foi. a proper iindei'standing of tlie accounts to be l'eached. Indepeiident examinei s statemeiit We liave coinpleted oui, exaiiiination and have no coiicei'ns in respect of the Inattei's (l) to (4) listed above aiid, in Connection with following the Dii'eotions of the Chai'ity Coininission foi, Northern Ireland, we hav¢ found no inatters that I'equii'e di'awing to youi. atteiition. Michael Bai'nett Foi. and on behalf of McAleei' Jaclcson Ltd Chartei'ed Accoiintants & Chai'tei'ed Tax Advisei's Chui'ch Holis¢ 24 Dublin Road OMAGH Co. Tyi'oiie BT78 IHE Date., 19 Januai'y 2024 Page I
OMAGH ACADEMY SCHOOL FUND RECEIIPTS AND PAYMEI NTS ACCOUNT for the year ended 31 Jiily 2023 Cliarity No NIC 103664 Tolxl yeai. fun(Is 2022 Unrestrlcted Re8trlcted Ei niloiynicnl Total funds funds income funds funds 2023 ReeDmmendeil e8tcgorie5 by AcÈivity Incomc Income and ondoivments frt)m: Donations Trips Gift Aid Music incom¢ Gi?nls & EA refunds Stuff dinners & presents Oihei. incoine Sepai'ale mol¢ri81 item of incoii)e 1.715 753 2,055 700 400 2.000 955 11.715 753 2,055 700 400 2.000 955 11,340 799 2,384 2,250 625 Total Ei xpcn(Illur¢ Ei xpcndltui'e on: RaisiiiE fijiids Chayilable a¢livlties Separale Imulerial expense item Otl)er'.- RefTeghmeiils Speech day Music exrKnse5 Book5 & pasl papers Sporting expense5 Sciencelilltiihs expenses Bitakfast cliib Staff dinneis & presents Hisiory expenses English expenses Ti'ips Opel) ni8hi and P6 taster evenl Ye&)r 14 fun day G¢ner81 expenses Special event expenses Pastoral caiE Arl expen Agricultui'al expenses 18,578 18,578 17,398 320 71 220 722 1,919 3,106 364 133 71 220 722 1.919 3,106 364 133 2,774 1,925 1.835 456 53 480 994 10,979 480 994 10.979 743 4.106 101 1,100 730 535 2,315 1.350 1.063 1,030 2,315 1,350 1,063 1,030 100 200 135 135 Totnl 24,881 24,881 16,097 Nel incomel{cxpendlturt) befor¢ tax foi. the rcporlSng period T&x pgyabl N¢t incomel(cxpendituir) aftei. tax before Invc5tment gainsllloB5Cs) Nel gainsll1055es) oli inve51menls Nel incomd{¢xpcnillture) [1 xti'aoi'dinAry itgms TYRnsfers betiYe¢n funds Otlier recognised gain51(loss¢s): Gains and losses on r¢valuation of fixed assets for the charity's own use Other gains1(10sses) Net movement in funds (6,303 1 (6,303 ) 1,301 (6.303 ) {6.303 ) 1,301 (6,303 ) (6.303 ) 1.301 (6,303 ) (6,303) 1,301 Recoi)¢lliation of fUd5. Tolal funds brought forward TotAI funds carrl¢(I f01.,1,d 73,204 66.901 73,2041 66,901 71,903 73,204 Page 2
OMAGH ACADEMY ,STATEIIIENT OF ASSETS AND LIABILITIES as at 31 July 2023 Charity No IIIC 103664 Uni'estrictsd Resti'icted funds income funds Endoivment funds Total 2023 TotAI 2022 Flxed assets Inlangiblc assets Tangible assets H¢ritagc a55¢ts Investments TotAI fixed R8sets Current R5sets Stocks Debtors riivestments CAsh at b&nk and in hand 66,901 66,901 66.901 66,901 73,205 73,205 Totol Curreiit Assets Credltor5: amounts fAlllng due wlthln oiie year Net current RSS¢ts1(15gbllitles) 66,901 66,901 73.205 TotAI fissets less curreiit IIAbllitle8 66,901 66,901 73,205 Crodltors: Amoiints falling duo After one yeAI' Provision8 for liabilities TotRI iiet RS5¢ts or IIRbilltleg 66,901 66,901 73,205 nds of tho ChAI'lty Endowment funds Reslrlcled Incom¢ funds Ui)I'eslrictcd fund5 Revaluation resei've 66,901 66,901 73,205 Fair Yalue Serve Totxl funds 66,901 66,901 73,205 sign on behalf of all Ii'uslees'.- Date.. 19 January 2024 Mrs R Mjxivcll 19 January 2024 Miss W Fai'ls Page 3
OMAGH ACADEMY SCHOOL FUND NOTEI S TO THE ACCOUNTS for the year ended 31 Jllly 2023 Cliaiity No NIC 103664 I TRUSTEE REMITNERATION AI BEI NEFITS None of the tISteeS have been paid any ieinuneration or reoeived any othei. benefits fi'oin an employment with Oinagh Acadeiny School Fund oi. a related entity. 2 TRUSTEE II XP[INSES No ti'ustees expenses have been incui'red. 3 RELATEID PARTY TRAISSACTIONS Thei'e were no i'elated paity ti'ansa¢tions in the ieporting period that A'equii'e disclosiire. Pag¢ 4