Friends of St Francis, Primary School, Drumaroad Financial Statements Year ended 5th Aprll 2023 Fn'ends of St Fran¢ls' Primary School, Drumaroad Contents Page Client infomation Trustees, report Independent examinerfs statemént Slalement of financial activities Balance sheet Note5 to the accounts Friends of St Francis. Primary School, Drumaroad Address St Francls Prlmary School Clo Majella Cunningham 18 Chapel Lane Castlewellan Co Down BT319PQ Bankers AIB 42-H Hill Streel Newry Co Down BT34 1AU Accountants LKèrr&Co Chartered Accountants Unit 58 Amagh Buslness Centre Loughgall Road Armagh BT617NH Chairperson Majella Cunnlngham Vlce¢hairpergon John Paul Magee Treasurer Danielle Mahon Secrelary Emma Branlff Frlends of St Francis. Primary School. Drumaroad Trustees, Report The Trustees of Friends of St Francis, Primary School, Drumaroad wesent their report and the financial statements for the year ended 5 April 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporbng Standard applicable in the UK and Rèpublic of Ireland(FRS102). OBJECTIVES AND ACTIVITIES We are an active PTA which organises social funthaising events for fhe families and children of the school and we adively volunteer for the school regularly; such as helping al schools sports day, rel￿Shments at Confimiation, First Communion. L8av8rs' Day and Carol S8rvlce. Organising and volunt8erlng al the regular events held each year to assist with social fundraising throughout Ihe school, together with any other events or mattèrs to ich ￿ can support the school and the families of the pupils within the school. FINANCIAL REVIEW The Annual Financial Statsmenls are attached on pages 5 to 7 in this Report and the Trustees are pleased wilh the results for this financial year. STRUCTURE, GOVERl+JANCE AND MANAGEMENT Govemlng document The PTA is registered as a PTA bmth Ihe PTA-UK under memerbship numb8r 45581 and Is regist8red as a charity ¥Mth Thè Charity Commission for Northem Ireland under Charity No. 104331. TRUSTEES RESPONSIBILTY STATEMENT The Trustses are responsible for preparing the Trusteés, report and the financial ststomenls in accordance wth applicable law and the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prdcfice). Charities 1è9islalion rèquiras the Trustees to prepare financial statements for each financial year. Under Charities legislalion Ihe Truslees must not approve the financial statements unless they are salisfied they give a true and fair vièw of the stale of affairs of the charity and of the incoming resources including the receipls and payments, of the charity for Ihat year. In preparing these finan￿al statéménts, the Trustees are required lo: - select suilable accounting poliiies and then apply them consistenlly; -observe Ihe m8lhods and principles in the Charities SORP; -make judgments and accounting esltmates that are reasonable and prudent; -slale ￿ether applicable UK accounting stsndards have been followed. subj8Ct to any material departures disclosed and 8xplain8d in the financial statements. -prepare the financial statements on the going concem basis unl8SS it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that are suffic4enl to show and explain the Charity's transactions and dsclose with reasonable accuracy at any time th8 financial posllion of the charity and enable them to ensure that the financial slalements compty Y￿th the Charibes legislauon. They are also responsible for Safewarding the assets of Ihe charity and hence for taklng reasonable steps for Ihe prevèntion and delection of fraud and other irregularities. Approved by order of the board of trustees on 28 November 2023 and signed on tts behalf ty., Majella Cunningham (Chairperson) Danielle Mahon(Treasurer) Friends of St Fran¢lg' Primary School, DNmaroad Independent examinefs report to the charity trustees ol Friends of St Francls. Primary School, Drumaroad I report on the awounts ol the Charity for the year ended 5 Aprll 2023. vthich are set out on pages S to7. Respectlve re5ptsnslbllltlas of Charity trustee$ and examlner As the charlty trustee$ are responsiblg for the prnparatlon of the accounts In ac¢ordance with the ¢haT￿leS Act (Northern Irèland) 2008. St Is my iesponslbility lo.. 1. Exam￿8 th¢ accounts under section 65 ofthe ChaTbtiè$ Act 2. Followtha procedures lald down in the geftètal Dlrèctions gN¢n by the Charity Commlsslon lor Northern Ireland undtrf Section 6519llbl of th¢ Chairfi¢s Act. 3. State vkn8th8r parucukr mattèrs havt to my attention. Basls of Indèp&nd¢nt examlnerfj report I hav& exarnined your ¢harty ?Kounls as required under 88ction 65 of the chariti￿ Act 8nd my ¢xamlnalion was carrlèd out in accordance Ihe g•n8ral Directions glv¢n by the Charity Comm185Ion for Northèrn Ir8land under secoon 651911bl tsf tho Charities Act The examination lTrcluded a rwiew of tho o¢oounting records kepl by the Chadty and a eomparf50n ol the acctsunls presentéé ￿th those rf*¢ords. 11 also Included eonslderation of any unusual items or di$clo$ur8s in Ih? ?ccounls, and seeking èxplanatlon$ from ￿ a8 ¢harlty Irust••8 eoncerning •ny su¢h mattgTS. My rol• 18 to slate whether any malerf81 matters have comè to my attonlton g￿Ing fflé cause to bellevg: l. That accounting records not kept In accoidance wlth Sedion 63 of tho Charikne5 Ad. 2. That th• accounts do not accord Yhth those accoun￿Trg records. 3. That th$ ac¢ounts do not eomply with the a¢ry>unting rtqulrem9nts of sedon 396 of the Charfll•g Act. 4. That thèrè Is furthef infomialon needed for a proper undefftstsndlng ofthe accounts to bè reached. Independenl examlnefs statement I have eompleted my 8xamlnatlon and hav• no concerns in respect ctf the matters1111ts (41 list*d above, and in conn•ctlon with followlng th& diredions of the Charty Commisison for Northèrn Ireland. I hav& found no mattèrs that requlre dra4￿n9 lo yovr attentlon. LKerr&Co Ghartered Accountsnts Unit 5B Armagh Busingss C8ntr8 Loughgall Road Armagh BT617NH 28 Novembgr 2023 Frlends of St Francls. Primary School, Drumaroad statement of financial activities for the year ende(1 S April 2023 2023 2022 Incoming resources - unrestricted Fundraising activities Other business incorr 3.330 3,466 3,339 3,467 Resources expenses- unrestricted Fundraising 8xp&nses Hospilality Subscriplion$ School trips School equipment & repairs Bank, credit card and other finance charges Accountancy. legal and olher professional fees 948 soo 72 400 1,142 88 180 90D 126 89 1,640 59 180 2,974 Net incoff 493 Total funds brought foNArd 7,169 6,676 Tolal funds carried forward 7,178 Frfends of St Francls. Primary School, Drumaroad Balance Sheet a5 at S April 2023 2023 2022 Current asse15 Cash al bank 7,178 7,178 7,169 7.169 Total net assèts 7.178 Funds of Ihe Charlty Unrestricted fund8 7,169 Approved by the TNslees on 28 November 2023 Majella Cunningham (Chairperson) Danielle Mahon ffr80surer) Friends of St Francis. Primary School, Drumaroad Notes to the Accounts for the year ended 5 Aprll 2023 1 Accounting basis These accounts have been prepaRd under the historical cost conVen￿On wlth items recognised at cost or transaction value unless otherwse stated in Ihe relevanl nole(s) lo these accounts. The accounts have been wepared in accordance bmth the Statsment of Rècomm8nded Practice: Accounting and Reporting by Charities preparing their account5 in accordance wlh the Financial Reporting Slandard applicable in the UK and Repub￿¢ of Ireland (FRS 102) issued in 16 July 2014.