Friends of St Franas, Primary School. Drumaroad Financia Statements Year ended 5th April 2024 Frionds of St Francts, Primary School. Dnllnaroad Contents Page Client infomiation Trustees, report IrKI?perKlent examins¢s statement Siatement of financial a¢tNi 24 BaFanc8 sheet Notes tt) the accounts Frfands of St Francis. Primary SchooL Drumarnad Address st Francis Primary School Clo Majella Cunningh8m 18 Chapèl Lano COS￿ewellan Co Down BT319PQ Bankgrs AIB 4244 Hill Str801 Newry Co Down BT34 1AU Accountants LKèrr&Co Chartered Accountants Unit 58 Armagh Business Centre Loughgall Road Amiagh BT617NH Chairperson Maj811a Cunningham Wi¢o£hairy)grson John Paul Magee Treasurer Danieue Mahon Secretsry Janine LavèTty Friend5 of St Franc15' Primary SchooL Drumaroad Tnjstees. Report The TrLtstees of Friends of St Frnn¢is' Primary School. Dnjmaroad present their report and thè financBI statements for the year ended 5 April 2024. The Trl￿ have adoptsd the provisio￿ of Accountiny and Reporting by charl￿$. Statement of Recommended Practice applicable to charitss preparing their accounts In accordance with the Financial Reporting Stsndard 8pplicabk in the UK Repubfic of IrelandlFRS1021. OBJECTniES AND ACTMTIES We are an actwe PTA which organtses SOCHI fvndrai$ing events for the families and children of the school and we aGknvdy volunteer for the school regularty." such as helping at schools sports d8y. refreshments at Confirmation. First Communion. Leavers. Day and Carol St￿lc8. Organising anrj voluntsering at the regu18r events held each year to assist with social fundraising throughout the school, logeth8r wth any other èvents or matters to whtch we supportthe school and the families ofth? pupiLs within the school. FINANCIAL REVIEW Th8 Annual Financial Ststsments are attathed on pages 5 to 7 tn Ihks Report and the Trustee5 are pleased with the results for Ihts finanaal y&w. STRUCTURE, GOVERNANCE AND MANAGEMEKr Goveming document The PTA is registsred as a iyfA with the PTA-UK under memerbship number 45581 and regis*red as 8 chartty with The Charity Commission for Northèm Ireland under Charity No. 104331. TRUSTEES RESPONSIBILTY STATEMETr The TNst8è5 are responsible fi>r preparing the Trustees, report and the finanGMI stst8ments in accordancè with applicablg law and th8 United lQngdom Accounting Standards (United Pfjngdom Generatty Accepted Accounting Practtel. CharitEs legislation requires th& Trustees to prepare finanual statements for 2ach financkal year. Under Charities ￿L8[ation the TnJ5tees must not approv8 thè financaal statsments unless they are satisfied they give a tfug and fwr Vbew of the state of affairs of the charity and of the incoming resources including the recespts and payments, of the ¢haTity for that year. In preparnig these finan(aal stslements. the TnJstee5 are required to: - Select suilable a(xounting poficies and then apply them consistenty.. bserve the methods and prinuples in the Charities SORP, 4nake judgments ond a¢¢ountiry estimates arg reasorwbte and prudgnt 4tate whether applicable UK a¢countir¥J stsr￿ards have been followed. subject to any matsrial departures disdosed and explained in the financial slal8mgnts. -prepare the f nancial statements tsn the going concem basis unless it is inappropriate b presume that the charitable company wll continue in operation. The Trustees arE responsble for keeping adequate 8¢counttng records that afe strfficrent ttt show ar￿ Èwain thÈ eharty's transacthjns and d￿cloSe with reasonab￿ accuracy at any tim8 th8 financial posrfGon of the charity and erob18 them to ensuro that the financaal stslwngnts compty with th8 Charthes legislath?n. They are aho ￿POnSible for safeguarding the assets of the charlty and hen￿ for tsking reasonable sleps for the prevention and deteth.on of fraud and Dther rregularrbes. Approved by order of the board of trusteès on 7 Octobèr 2￿24 and s￿ned on its behaff by.. Maje51a Cunningham (Chairperson) Ite Mahon[r￿9$UrQrj Fri•nds of St FTancts' Primary School, thvmaroad Independent examinorfs Trport to the charlty of Friends of St Francis, Primary School. Druroroad I report on th¢ accounts ofthe Charty fy the year •nd8d S 2024. rxrt on pa9e$ 5 Re¥pe¢llve r•sponsibilit*s of tnslees aThd ¢xaminer Chankns Act (Nothorn I￿rand) 2008. It is my TesponsiNrtyto'. 1. Examkn• the a￿Ullts undersectrn 65 offv Charikn 2. Folbw th• prnceau￿ la￿1 in the general Due¢bons given ty the Chorty Comrrtssh)n tor Northern Ireland uRthrsectron 6519llbl ofthe c1wri￿5 Act 3. Ststs whether partiojlar mattws have come ID My attents Basls r•1 Indèp¢nd*nt exJmineV$ report I have èxamined your tharity aco)unts as required under sedhjn ES of the and my examination vrds carrted Olrt in OC4yxdwv hith the gen&71 DireclK)ns given by the Cha Commi¥sion for Nh)them ltsland under se￿n 6919)Ib) of fv Charifjes A£L The ?￿11[￿t included 8 rpVI￿ of the accountiig r•ctrts kEpt by the Chaiity and a comparison of Ihe accounts presented wlth those records. It atso Inclthd constderdtton of any unusLaJ Rèms ￿ (Jisdosutes in tho gccounts. and Seek1￿ wknDatiorKs frnrn you a5 charity truskes ¢on¢eming arty SUL* rnaff&rs. rok ks b stale *thetI￿r ary nknrs h￿e ￿rne to my attenlh)n gfving me ￿U32 10 believe.. 1. That octountThJ Trcords *pre not kem se¢lbJn 63 ollhe Chwit￿&AL 2. That tho accounts do Trjt xcorf wtth those aLuunbNJ recoYL> 3. That Ihè 8CCJ)wts dD not wth thw atr£*Jnknp rwkements otse¢tyi 396 ofts Chartts5 4. Thstlhere isfvrther Infom)Akn n¢ed¢d fora prcper ￿de￿and￿￿￿ of0* •x¢uftts to bè rèthd. Independ*nt WimIne￿$ statèment I have ¢omplgtsd my examn8tKJn and have no ¢J)rttms in rEspert of the matters 11} b) 141 tsted abo¥8, and In LYnnectic￿ dlrpclh)n$ of thg Chorlty CommtsL50ry frjr Northom IrÈ￿ftd, I hav• found no malters that rpquirÈ to Trui attention. LKeff &Co rter2d AcLY)untsnts Unit 58 Armagh Business Cen Loughgall R08d ArTnagh 8T617NH 7 O¢b)ber2024 Friends of St Frdn¢ls' Primary School. Drumaroad 5tatsment of financial activttles for thè year ended 5 April 2024 2024 2023 Incoming rnS¢UTCgS- unrestriclèd Fundraising actbvibes Other business income 3,330 3.339 Resources expensfts - unrestricted FuThJrw$iro expenses H05pit31ty Subscriptions School trips School oquipment & repaws Bank, credit card ott*r f￿an￿ Charges AC¢oUntsn¢y.1￿a1 and other professfvjnal fe85 500 100 755 4.000 1.142 180 180 5,662 3,330 Net income Total funds brought for%￿rd 7,178 7,169 Total funds cayrled foyward 7.822 7.178 Friends of St Francis, Primary SchooL Drumaroad Balance Sheet as at 5 April 2024 2024 21)23 Current ￿$èts Cash 3t bank 7,822 7.178 7.178 Total net ossets 7.822 7.178 Funds of th• Charity Unrostrictsd funds 7.822 7.178 Approved by the T￿J$te￿ on 7 October2024 Majglla Cunnirrfjham (Chairpwson) Danielk Mahon cfreasurer) Frfends of St Frdncls. Prfmary School. Drumaroad Notss to the Accounts for the y&aT ended 5 April 2024 1 Accounting basis These accounts have been prepared under the historical cost cOnVent￿)n with items recognised at cost or trdnsaclion vatue unless otherwtsè stated tn rebvant nDte(s) to these accourts. Trè 8ccounts have been prepared in aecordanee whh the Statement of Recommended Practice: A￿unting and Reporting by Charrttes preparirYJ their accounts in accor(lanc8 wfth the Firtrancial Reporting Stsndard applicabte In the UK and Republic of Ireland IFRS 1021 issued in 16 Juty 2014.