VERifAS VLNCET.
Omagh Academy School Fund
Annual Report
Statement of Accounts
l Aug 2022 to 31 July 2023

St
Annual Report for the year ended July 31 2023
The trustees of Omagh Academy are pleased to submit their report and accounts for the
st
period August 1 2022 to July 31 st 2023.
Income receipts for the year totalled £18,578. The main source of income was parental
contributions. Gift Aid totalled £2,055. As trustees, we are grateful to parents for their
fmancial support of the school fund.
The charity spent £24,881, leaving a deficit of £6,303. The overall balance in the account is
£66,901.
The most significant expenditure was £10,979 on school trips. Pupils had opportunities to
participate in year group and subject outings, for example, Year 12 pupils travelled to the
Millenium Fonun to watch a production of the GCSE English Literature text: Blood Brothers,
Year 8 ventured to Castlecoole for an Induction trip, Year l O visited the Armagh
Planetariutn, Year I l enj oyed bowling at Brunswick whilst A Level Politics students toured
Stormont and GCSE and A Level Agriculture pupils went on a number of farni visits.
A fun day was held for Year 14 leavers (the class of 2023) at which they enjoyed team
building activities and a lunch provided by outside caterers.
There w&s a total expenditure of £1,919 on books and past papers for pupils in Years 8-14.
£2514 was spent on Revision Skills Workshops for pupils in Years 8, 1 l and 13. Smaller
amounts facilitated the awarding of prizes for public speaking competitions Organised by the
English Department, an Anti-Bullying workshop and Music expenses. Affiliation fees for
Young Enterprise, Ulster Branch Hockey and Ulster Schools, Athletics were also covered.
Funds materially in defieit
st
As of July 31 . 2023, Omagh Academy School Fund had no funds in material deficit.
Miss W Faris
(Treasurer)

OMAGH ACADEMY SCHOOL FUND
RECEI IPTS AND PAYMENTS ACCOUNT
for the year ended 31 Jiily 2023
Charity No NIC 103664
Total year
fun(Is
2022
Unrestrieled
Restricted E4 n(loivnient Total funds
funds income funlls
funds
2023
Recommended eattgories bJT getivity
1￿cOme
Income And endoivmenls from:
Donations
Ti'ips
GiftAid
Music incom¢
Grnnls & EA IEfuiid5
Sioff dlnners & presen15
Other incoine
Sep&i'ale niaterial item of incoii)e
11.715
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
Expen(litui'e
I xpenditure on:
Raisii)g funds
Chayilable aclivitles
Seporale Inttterial ex'pens¢ item
Oilier:.
R¢fi'eshii)enls
Spe¢ch day
Music expenses
Books & pftsl pap¢i
Spoiling exp¢i)ses
Sciei)ce/maihs expenses
BIEakfa9t cliib
Staff dinner5 & presents
History ¢xpens¢s
English expenses
Ti'ips
Opei) night and P6 taster ¢venl
Year14 fun day
Genei?l ¢xpens¢s
Special event expen5¢S
Pasloral care
Ail expenses
A￿lCUltU181 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
2,315
1,350
1,063
1,030
2,315
,350
1,063
1,030
,100
730
535
1,119
100
200
135
135
TolAI
24.881
24,881
16,097
Ncl incomel(cypendlture) before tAx fni. tlie
reporting pcriod
T&N payable
Net incomel(cxpendlture) after tfix bcfoyc
Investment gains1(losscs)
Net Bginsl(10sses) on inveslinenls
N¢t incomcl(¢xpenditure)
Ei xlrior(linAry Items
TYan5fers betii'een fund5
Otliei. Ivogni5ed gainsl(losscs):
Gains and10sw on rcvalualion of fixed assets for the
ch8rity's own usc
Other g8insl(losses)
N¢t movement in funds
{6,303 )
(6,303 )
1,301
(6,303 )
(6,303 )
1,301
(6,303 )
(6,303 )
1,301
(6.303 )
(6,303)
1.301
Recoiicili8lioo offund5:
Total fui)ds bi'oughi foriylli'd
TotAI funds eaYrle(I fonvRril
73,204
66,901
73,204
66,901
71.903
73,204

OMAGH ACADEIVIY
STATEMEI NT OF AsS￿Ts AIYD I.IAIIILITIES
as at 31 July 2023
Chai'ity No DIIC 103664
Unrestrlcted
Resti'icted
funds Income funds
Endoivmeiit
funds
Tot41
2023
Totftl
2022
Fixed Assets
Intangible &ssets
Tangible assets
Helitage assets
Investments
Totfii fixed Assets
Current A5scts
Stocks
Debtors
rnveslm¢nts
Casl) 8t bank and in hand
Total ¢uri'eiit a55ets
66.901
66,901
66,901
66,901
73,205
73,205
Credltors: amounts f8lllng due wlthin oiie
yeAr
Net current 8sset51(IiRbllltieB)
66,901
66,901
73,205
Total Rssets le55 cui'reiit IIAbllities
66,901
66,901
73,205
Creditor5: Nmouiits fAlllng duo Hfter one yeHI'
Pi'ovisions for li&bilitits
Tot81 iiet Rssets or IIAbilltle5
66,901
66,901
73,205
Funds of tho ChRI'Ity
Endowment funds
R¢sli'lcted incom¢ tlJnd$
Unr¢stt'icted fund5
R¢valuatlon reserve
Fair value reserv8
Total funds
66,901
66,901
73,205
66.901
66.901
73,205
Signcd on behalf of all ti'ustees;.
Date ".
19 January 2024
MJ3 R Maxivell
Date:
19 January 2024
Miss W F8ris

Reference and Administrative details
Charlty Name
Omagh Academy School Fund also known as number 3 account
Charity Numbers
HMRC registered charity number: XN74248
Nl charities registered number: NIC103664
Prlnclpal Address
21-23 Dublln Road
Omagh
Co. Tyrone
BT78 IHF
Charity Trustees as of 31" July 2023
Mrs. Ruth Maxwell IPrincipal, Chairman)
Mr. Keith Hamilton IV.P.I
Miss W Faris {V.P., treasurer)
Structure. Governance and Management
Governlng document and constltution
th
The Fund is governed by a constitutSon which was last updated 28 May 2015, copies of which are
available from the school office.
The Fund is run by the trustees for the good of the puplls of the school.
Trustee selectlon and management
The Fund Is managed by the trustees. The trustees were appointed to the p051tion by virtue of being
member5 of the school's Senior Leadership Team ISLT) and will remain as trustees while they belong
to the SLT. The SLT meet regular with declsions on the Fund being discussed as necessary.
The annual report and statement of accounts are approved every year after the accounts are
returned from the accountants.
Related Organlsatlon
The Fund is solely related to the grammar school Omagh Academy and works for the betterment of
the pupils within this school.

Objectlves and Actlvlties
Charitable Objects
The object of the Fund is to advance the education of pupils in the school.
The Fund aims to provide monies to enable pupils to engage in activlties or provide facilitles or
equipment which sUPPOrt the School and advance the education of the pupils or help to develop
relationships between the staff, parent5 and others associated with the School.
Publlc Beneflt Statement.
The trustees of Omagh Academy School Fund confirm that they have complied with their duty of
Charlties Act {Northern Ireland) 2008 to have regard to the Charity Commission's guidance on public
benefit and that the public benefit requirement has informed the activities of the Fund in the year to
June 2023
th
Approved and adopted by a meetlng of the trustees on 19 January 2024 and si8ned on their behalf.
Mrs. Ruth Maxwell
(Chairman)