OMAGH ACADEMY SCHOOL FUND 21-23 DUBLIN ROAD OMAGH CO TYRONE BT78 IHF REcEI￿s AND PAYMENTS ACCOUIYT FOR THE YEAR ENDED 31 JULY 2024 McAleer Jackson Ltd Chartered Accountants & Tax Advisers Church House 24 Dublin Road OMAGH Co Tyrone BT78 IHE CHARTERED ACCOUNTANTS IRELAND OMAGH ACADEMY SCHOOL FUND 21-23 DUBLIN ROAD OMAGH CO TYRONE BT78 IHF BUSINESS ThFORMATION Accountants McAleer Jackson Ltd Chartered Accountants & Tax Advisers Church House 24 Dublin Road OMAGH Co Tyrone BT78 IHE Buslnegs address 21-23 Dublin Road OMAGH Co Tyrone BT78 IHF Banker8 Danske Bank Business Banking PO Box 183 Donegall Square West Belfast BTI 6JS OMAGH ACADEMY SCHOOL FUND 21-23 DifBL]N ROAD OMAGH CO TYRONE BT78 IHF CONTENTS Page Indqjendent Examin&s report Receipts and Payments Account ststement of Assets and Liabilities Notes to the accounts INDEPENDENT EXAMINER'S REPORT TO THE CHAIUTY TRUSTEES OF OMAGH ACADEMY SCHOOL FUND We report on the accounts of the Trust for the year ended 31 July 2024, which are set out on pages 2 to 4 of the annual report. Respective responsibilities of charity trnstees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with tbe Charities Act (Northern Ireland) 2008. It is our responsibility to.. examine the accounts under section 65 of the Charities Act follow the proccdures laid down in the general Directions given by the Commission und¢r section 65(9)(b) of thc Charities Act state whether particular matt¢rs have come to our attention. Basis of independent exydminer's report W¢ have examined your Charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under sertion 65(9)(b) of th¢ Charities Act. Our examination included a review of the accounting records kepi by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trust¢es concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities A¢t 4. That there is further inforniation needed for a proper understanding of the accounts to be reached. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. MICJL4EL BARNETT Michael Barnett For and on b¢half of McAleer Jackson Ltd Chartered Accountants & Chartered Tax Advisers Church House 24 Dublin Road OMAGH Co. Tyrone BT78 IHE Date: 10 January 2025 Page I OMAGH ACADEMY SCHOOL FUM) RECEIPTS AIYD PAYMENTS ACCOUNT for the year ended 31 July 2024 Charity No NIC 103664 Tot41 year fund$ 2023 Unreslrieted Restrlcted Endowment Total funds (und8 IDeome funds funds 2024 ReCoD￿ne￿ded c*tegori¢J by Actlvlty Ineome Ineome and endowment9 from: Donations Trips Gift Aid Music income Granis & BA refunds Stsff ditiners & presents 6.345 60 1,057 6.345 60 1.057 11.715 753 2.055 700 4Crf) 2.000 955 10 io Separate material item of income Tot41 7.472 7.472 18.578 Exp¢ndlture on: Raising fvDds Clwitable activities Separate M&t¢ri￿ expense item Oth¢r'.- Books & post paper5 Trips Year 14 fijn d&y GenerY41 expeDses Sporting expens History expenses Refresbments Speech day Music expews Scietscelm8th8 expensej Breakf￿t club Staff diJwer8 & presents Englisb expeoses Open nigbt and P6 taster event Special event expenses Pastoral care Royalty ExpeDSe8 A8r1¢￿tUr￿ exp¢n8e8 3.022 4.198 1,663 1.022 3,487 507 99 3,022 4.198 1.663 1.022 3,487 507 99 1,919 10,979 2.315 1.350 3,106 480 71 220 722 364 133 364 364 200 200 994 ioi ioi 1,063 1.030 1.050 283 1.050 283 135 15.996 15,996 24,881 Total Net Incomel(expendlture) before tAx for tht reportin% perlod T￿ payable Net ID¢omel(eipendlture) after t4x before Investment g&ln51(loJie5) Net gains1(losses) on investraentS Ne¢ iDcomel(expendlture) Extr•ordinary item5 Trnnsferg between funds other reeognljed %alnslOosse5): G&iDS and Ios5¢$ on revaluation of fixed ¥45$ets for ihe ¢hHrity'8 own th8e o¢ber gaiDsl(losses) Net ]lloveJllent In fulldi (8,524) (8,524 ) (6.303) (8,524) {8,524) (6.303) (6.303) (8,524) (8,524 ) (8.524) (8.524 ) (6.303) Re¢ollciligtloTh of fund8: Total fi]nd8 brought forward Total funds ¢Arried forward 66,901 58,377 66.901 58,377 73204 66,901 Page 2 OIVLAGH ACADEMY STATEMENT OF ASSETS AND LIABILITIES a8 at 31 July 2024 Charity No NIC 103664 UDrestrlcted Restricted funds Intome funds EDdowDwnt fundg Total 2024 Total 2023 Flxed assets tntangible assets Tangible &ss¢t8 Investments Total fixed Assets Current asiets Stooks Debiors Jnvestments Cash at bank and in hand Totsl current 418ets 57,322 57,322 57,322 57,322 66,901 66,901 Credltorn: auwunts T￿g due wlthln one ye•r Net ¢llrrent ASsetilOlabllldu) 57.322 57,322 66,901 Total lesj current llllbllltlei 57,322 57,322 66,901 Credlton: amounts fa]llnE due after one yeAr Provision8 for liabilities Total net •i*ls or UAbilldes 57,322 57,322 66,901 Funds of the Charlty EndowmeDt Restricted income fuDd8 Unrestricted fimds R¢vaiuation reserve Fair value reserve Total fundj 57,322 66,901 57,322 57,322 66.901 57.322 Signed on b¢half of all ttustee3:_ Date . 10 January 2025 Mr8 R Maxwell WEJVDYFAIUS Date: 10 January 2025 Miss W Faris Page 3 OMAGH ACADEMY SCHOOL FUND NOTES TO THE ACCOUNrs for the year ended 31 July 2024 Cbarlty No NIC 103664 I TRUSTEE REMUNERATION AIYD BENEFITS Non¢ of the trustees have been paid any remuneration or received any other benefits from an ¢mployment with Omagh Academy School Fund or a reknted entity. 2 TRUSTEE EXPENSES No inistees expenses have been incurred. 3 RELATED PARTY TRANSACTIONS There were no related paty transactions in the reporting period that require disclosure. 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