rone Roman Catholic Board Of Education
Tru
' Annual R
orta
un
TRUSTEES. ANNUAL REP
RT for the
ear
nded
l March 202
The Trustees have pleasure in presenting their report and the accounts of the charity for the
year ended 31 March 2023.
Reference and Administration Details
The reference and administration details of the charity are as shown on page 2.
Objectlves and Actlvlties
Objectives
The principal activity of the charFty is to provide funding and support to St Patrick's Academy in
Dungannon with the purpose of promotion of knowledge and learning which in tum encourages
development of skills and understanding which promotes family life, community cohesion, new
skills, talent and creativity and encourages employment through the establishment and
maintaining of schools.
Activities
The charity's activities include the provision of funds for St Patrick's Academy Dungannon, going
towards the building of a new school premises.
Public Benefit statement
The Trustees of Tyrone Roman Cathollc Board Of Educatlon confirm that they have complied
with their duty under section 4(6) of the Charities Act (Northern Ireland) 2008 to have regard
to the Charity Commission for Northern Ireland's guidance on public benefit and that the public
benefit requirement has informed the activities of the charity in the year ended 31 March 2023.
Achievements and Performance
The school building was officially opened in March 2019 and the payments due in respect of the
building contract are now considered complete.
Flnancial Review
Financial Performance
The financial performance was in line with the Trustees, expectations. The charity remalns In a
sound financial position at the year-end. The results for the year are set out in detail on pages
7 to 13. The charity had net outgoing resources for the year of £2,269 (2022
net incoming
resources of £2,673).
At 31 March 2023, the total funds of the charity amounted to £24,753 (2022 £27,021)
comprising entirely of unrestricted funds. Principal sources of funding and how thi5 has
supported the key objectives of the charity are disclosed in the notes to the financial statements.
Reserves Pollcy
The charity does not maintain a formal reserrfes policy however the Board of Trustees continue
to monltor the level of reserves held by the charity and are satisfied that these are adequate to
meet any unforeseen expenditure incurred.
CavanaghKellyw Chartered Accountants & Statutory Auditors
Page 3

rone Roman Catholic Board Of Education
Tru
te
' Annual R
ort and Accoun
TRUSTEES. REPORT for the
ear ended 31 March 2023
Continued
Structure, Governance and Management
Organisational Structure
Tyrone Roman Catholic Board of Education is a charity administered and managed in accordance
with its constitution, under Scheme No.34, framed under the Educational Endowments (Ireland)
Act 1885 and its subsequent amendments.
Trustees, Responslbllltles
The Trustees are responsible for preparing the Trustee's Annual Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which
give a true and fair view of the state of the affairs of the charity and of the incoming resources
and application of resources. including the income and expenditure, of the charity for that year.
In preparing these financial statements the Trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP 2019 (FRS 102);
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them to ensure
that the financial statements comply with the Charities Act (Northern Ireland) 2008, the
Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 and the provisions of the
trust deed, They are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
Thls report was approved by the Board of Trustees on 12th May 2023 and slgned on its behalf
by:
Registered office:
st. Patricks Academy
37 Killymeal Road
Dungannon
BT71 6DS
Mr Aidan O'Neill
Trustee
hnjca
nagh
Chari
Re
istration Number: 105018
CavanaghKellyy Chartered Accountants & Statutory Auditors
Page 4