Charity number: 104250
Friends of St Teresa's (Lurgan)
Annual Report and Unaudited Financial
Statements
th
for the year ended 30 June 2024
Friends o
St
Teresa's
Lurgan

Friends of St Teresa's {Lurgan)
Trustees and other information
Trustees
Catherine McEvoy
Joanne Smyth
Maria Evans
Charity number in Northern Ireland
104250
Principal Address
36 Tarry Lane
Lurgan
Co. Armagh
BT67 9LQ
Independent Examiner
Clara Rooney, FCA
28 Foxgrove
Lurgan
Co Armagh
BT66 6ND

Friends of St Teresa's (Lurgan)
Trustees, Report
forthe year ended 30th June 2024
The trustees present theirTrustees' Report and the unaudited financial statements for
the financialyear ended 30th June 2024.
The Trustees, Report contains the information required to be provided in the Trustees,
Annual Report underthe Statement of Recommended Practice {SORP) guidelines.
In this report the trustees of Friends of St Teresa's (Lurgan) present a summary of its
purpose. governance. activities, achievements and finances for the financial year ended
30"June 2024.
The charity is a registered charity and hence the report and results are presented in a
form which complies with the requirements of the Charities Act (Nl) 2013.
Overview of the charity
Friends of St Teresa's (Lurgan) is a small charity, established in 2015. We are an active
PTA which organises social fundraising events for the families and children of the
school. We also activelyvoLunteerforthe school reguLarLy, such as helping at the school
sports day, annuaL bookfair, refreshments for confirmation and first communion and
organising and volunteering at the events held each yearto assist with fundraising
throughout the school. We wilL also help with any other events or matters that support
the school and the families of the pupiLs within the school.
Structure. Governance and Management
Friends of St Teresa's {Lurgan) is an unincorporated association and is governed bya
constitution adopted in September2015.
The charity is run and managed by the trustees with assistance given from other
committee members and the wider schooL communitywhen running events.
The trustees and members meet formally at least once everythree months. At each
meetingthe financial position is reviewed. Spending is discussed and approved.
Officers may authorise some expenditure between meetings ensuring that such
spending is reported at the next meeting. ALI payments are made by cheque and must
be signed by two of the designated signatories for Friends of St Teresa's (Lurgan). The
meetings aLso provide a forum to review recent activities and to plan forthcoming
events. There is however additional ad hoc meetings convened to plan and prepare for
fundraising events.

Public Benefit Statement
The key public benefits of the charity are as folLows:
Purpose l.. Improved relationships between home and school.
The benefitwhich flows from this purpose incLudes fundingfor additional resources for
the school and links built with the local community. This is demonstrated through
having an active PTA that works in partnership with the school and engages parental
support. This purpose does not Lead to harm. The benefit is for children at St Teresa's
Primary School Lurgan. Charitytrustees (PTA committee members) are usualLy also
parents atthe school which their chiLdren attend and hence gain benefit in the same
way as all other beneficiaries. This benefit is incidental and necessary to ensure the
benefit is provided to all beneficiaries.
Purpose 2.. Advancing the education of pupils in the school
The benefitwhich flows from this purpose includes increased educational progress and
attainment of pupiLs in the school and Links built with the local community. This is
demonstrated through pupils having access to resources, events, activities and links
with the local communitywhich are not available through direct schooLfunding. This
purpose does not Lead to harm. The benefit is for children at StTeresa's Primary School
Lurgan. Charitytrustees (PTA committee members) are usually also parents at the
school which their children attend and hence gain benefit in the same way as aLL other
beneficiaries. This benefit is incidental and necessary to ensure the benefit is provided
to all beneficiaries.
Review of Activities, Achievements and Performance
Total income for the yearwas £8,313, this included donations from individuals.
donations from EasyFundraising, bank interest received and money raised from
fundraising events.
Fundraising events heLd throughout the school year included a Pumpkin Patch,
Christmas Fayre and Raffle, Glo Disco, Ceili and the end of year Party on the Pitch. Total
income from these fundraising activities was £7,901. The costs for runningthese
activities totalled £2,669. The events were well attended and enjoyed by pupils, parents
and the wider community.
Total payments made in the year totalled £12,922. £9,837 of this was donations to the
school or purchasing gifts forthe pupils. The charitywas able to donate £6,670 to the
school to purchase ten new laptops. Other donations and gifts to the school included a
Christmas and Easter giftfor each pupil, gifts forthe P7 Leavers, replenishing stationery
and other classroom supplies, helping fund the school counseLlor and an ice cream van
visit forthe pupils and staff.
The results forthe financialyear are set out in the financial statements.

In review of the finances and assets of Friends of St Teresa's (Lurgan), it must be noted
that many members and trustees give a great deal of support in kind. Many purchases
are made and paid for by members such as prizes for raffles. snacks forfunctions and
decorative accessories for events and the cost not claimed despite such a claim being
perfectLy legitimate. Members also give generousLy of theirtime in the planning,
preparation, and delivery of events and in the business of running the charitywithout
which itwould not exist. The Chairperson and Trustees wish to place on record their
recognition and gratitude for these contributions.
Results
At the end of the financial year the charity has assets of £4,752 and no liabilities. The
net assets of the charity have decreased by £4,758 since 30th June 2023.
Approved by the trustees on 3° October 2024 and signed on their behalf by:
Catherine McEvoy
Trustee
Maria Evans
Trustee

Friends of St Teresa's (Lurgan)
Independent Examiner's Report to the Board of Trustees of Friends of St Teresa's
{Lurgan)
I have examined the financiaL statements of the charity forthe financial year ended 30th
June 2024, which comprise the Financial Statements.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible forthe preparation of the financial statements in
accordance with the requirements of the Charities Act (Northern IreLand) 2008. The
charity's trustees considerthat an audit is not required forthis financialyear underthe
Charities Act (Northern IreLand) 2008 and that an independent examination is required.
It is my responsibilityto:_
examine the financial statements under section 65 of the Charities Act;
followthe procedures laid down bythe general Directions given bythe Charity
Commission for Northern Ireland under section 6519){b) of the Charities Act; and
state whether particular matters have come to our attention.
Basis of independent examiner's report
I have examined your charityfinancial statements 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(9)(b)
of the Charities Act. An examination incLudes a review of the accounting records kept by
the charity and a comparison of the financial statements presented with those records.
It aLso includes consideration of any unusual items or disclosures in the financial
statements and seeking explanations from the trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an
audit and consequentLy no opinion is given as to whetherthe accounts present a'true
and fair, view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention which gives me
cause to believe that in, any material respect:
accounting records were not kept in accordance with section 63 of the Charities Act
the financial statements do not accord with those accounting records
the financial statements have not been prepared in accordance with the accounting
requirements of the Charities Act
there is further information needed for a proper understanding of the accounts to be
reached.

Independent examiner's statement
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in orderto enabLe a
proper understanding of the financiaL statements to be reached.
lara
ooney, FCA
28 Foxgrove
Lurgan
Co Armagh
BT66 6ND
Date.. 3rd October 2024

Friends of St Teresas (Lurgan)
Flnanclal Statements
forthe yearended 30th June2024
Unrestricted
Funds
2023
Unrestrlcted
Funds
2022
Receipts and Payments Account
Receipts
Donations
Grants
Fundraising activities
Bank interest
405
534
250
5.830
7.901
Total recelpts
8.313
6,622
Payments
School donations
Fundraising activities
Parentkind subscription
Bankfees
Equipment purchased
9.837
2,669
140
57
3,230
1,448
116
53
92
369
Total recelpts
13.072
4,939
Net receiptsllpaymentsforth8 year
Balance broughtforward at 1 July 2023
(4,758)
9.500
1.683
7,817
Balance carried forward at 30 June 2024
4.742
9,500
Statement of Assets and Liabilities
Bankand Cash
4.742
9.500
Approved bythe Board ofTrustees and authorised for issue on 3rd October2024
and signed on its behalf by..
Catherine McEvoy
Trustee
Maria Evans
Trustee