Charlty Number: 106212 St Conor's Parents, Teachers and Friends Association Annual Report and Unaudited Financial Statements for the financial year ended 31 August 2023
st Conor's Parents, Teachers and Friends Association CONTENTS Page Trustees, and Other Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10_13 Supplemeni8ry Information relating to the Financial Statements 15
St Conor's Parents, Teachers and Friends Association TRUSTEES. AND OTHER INFORMATION Trustees Janelle Mccrory (Treasurer) Vicky O'Hagan Yvonne Mcmillan Oliver McGal& (Chairperson) Slièena Goodwin Danielle Quiiin Isecrelaryl Julie Corry (Appointed 12 October 20221 Joanne Coleman (Appointed 12 October 20221 Rosaleen McNully (Appointed 12 O¢tob@r 2022) Elaine Gallagher (Appointed 12 October 20221 Eimma Marsliall IAppoinled 12 Oclober 20221 Deborah Albuquerque IAppoinled 12 October 20221 Katrina McGelligan Charity Number In Northern Ireland 106212 Principal Address Sl Conor's Primary School 109 Brookmount Road Omagh Co Tyron& BT78 5JQ Independent Examiner Niall McKeniia FCA 30a Gorlin Road Oniagh Co Tyrone BT79 7HX Prlncipal Bankers Bank of Ireland 23-25 Campsia Road Oniagh Co Tyrone BT79 OAE
st Conor's Parents, Teachers and Friends Association TRUSTEES. REPORT for the financial yéar ended 31 August 2023 The Iruslees present their Trustees. Report and the unaudited finanGial slalem@nl8 for the financial year ended 31 AugLisI 2023. Mlsslon, Objectives and Strategy Mission Statement Sl Conorfs Parents, Tèachers and Friends Association is run by a group of volunteer parents, staff and friends who organise social &venl8 lo strengthen homÈ-scliool relationships as well as occasioiially raising funds lo purcliase èducational resources for11i8 Ghildr@n al St. Conorfs School. The Association also supports the school by providing hospitality at school events and volunteering for roles within the school. The purpose of Ihe Associalion is lo advance Ihg educalion of pupils in the school in psrlicular by.. 1. Developing offeclive relationships beibveèn tho staff, par8nls and olliers associated wllli the school: 2. Engagiiig iii activities or providing facilities or eqLiipmont which support thÈ school and advance the education of the pupils. Structure, Governance and Management Structure The board of trustees are as follow5.. Yvonne Mcmillan Vicky O'Hagan Janelle Mccrory Oliver McGale Shoena Goowin Danielle Quinn JLilie Corry Joaiine Coleman Rosaleen McNulty Elaine Gallaghef En)ma MaTshall D&boffth Albuquerque Katrina McGelligaii Governance The Goveming document= Constilulioii Truslge Selection Mglhods.. Elected al Annual G9neral Mooting Review of Activltles, Achlevements and Performance During 2022-23 the Committee oversaw Ihg following activities.. 1.Sub8idy for provision of Leavers Hoodies 2.Socured funding lo help with Iha schoools Eco Proj8cl 3.Organise Freddy Fitness fuiidraiser 4.Co-ordinale (he Aniiual Bazar fLindraiser Financial Review The Receipts and Paynients account shows a dèficit of £(6041. The total r8$erve8 availablo to the association al 30 September 2023 is £21,408, mado up of cash at bank. Results and Dividends Al the end of the financial year the charity has assets of £21,40812022 - £22,012) and liabilities of £O.0012022 £0.00). Tlie nel assols oftlig cliarily have decreased by £{6041. Reference and Admlnlstratlve detalls Addilional reference and adminislialivo dolails can be fouiid on pag@ 3 of the financial slalomenls. In accordance with the Constitution, tha Irusleos retire by rotation and, being eligible, offer themselves for re-election. Compllance with Sector-wide Legislation and Standards The charity engages pro-aclively with l&gislalion, standards and Godes whi¢li are developed for the sector. Sl Coiiorfs Parents, Teachers and Friends AssoGialion subscribes lo aiid is Gowplianl with the following.. Tho Charities SORP IFRS 1021
st Conor's Parents, Teachers and Friends Association TRUSTEES. REPORT for thè financial year ended 31 August 2023 Public Benefit The Tnjslees have had regard lo Ihe Commissions Public beiiofil requiremonl slalulory guidance PLirpose 1.. Improvod r8lalionsliips balween home and school Tho beiigfil which flows from this purpose includes funding for additional rèsoui'ces for the school and links built with the local community. PLirpose 1 is d@monslraled through having ali acliv@ PTA Ihal works in pai"In@rship with the school and @ngages parÉnlal support. Piirpose 2: Advancing the èducation of pupils in tho school Tho benefit which f5ows Ironi this purpose inclLides increased educational progress and allainmenl of pupils in the school and links built witli Ihe local communily. Purpose 2 is demonslr8led Ihiough pupils having acGess lo resources, ovenls. activities and links wilh tho Ioc81 community which are not available Ihrough direct school funding. No harin arisès froni either purposo. The benèficiaries of this charity are the childrèn ol Sl. Conoffs Priniary School. Charity trusle@s (PTA committee mèmbers) are Lisually also parenls al the school whiGh their children allend and hence gain benetit in the samo way as all other beneficiaries. This benèfit is inGid@nlal and necessary to ansure the benefit is providèd to all beneficiaries. Approved by the Board of Trustees on 8 February 2024 and signed on Its behalf by: J.j"p_ Ollver McGale (Chairperson) Trustee Janette Mccrory (Treasurerl Trustee
st Conor's Parents, Teachers and Friends Association STATEMENT OF TRUSTEES. RESPONSIBILITIES for thè financial yèar ended 31 August 2023 The Iru81ees are responsible for preparing the financial slalemenls in accordanGe with applicable law and iegulalions. The law applicable lo cliarilies in North9rn Ireland reqiiires tho Irusleés lo prepare fin8ncial slatem@nls for eacl) financial yeai- which give a true and fair view of Ilie assets, liabili118s 2nd financial position ol the cliarily as 21 the financial year end date aiid of the siirplus or dgficil of tlie cliarily and oihetwise comply with the ChariliÈs Act (Northern Ir8landl 2008. In preparing these finanGial slaleinenls, the Iru81ees ar8 required lo.. select suitable accounting policies and apply Iliem consislenlly. observe Ilie methods and principles in Ihg Charities SORP make judgements and accoLinting estimatès Ihal arè reasonable and prudent., slate whether Iho financial stalemenls h8ve been prepared in accordance with applicablo 8CGounling slaiidards, idenlify those Slandaids, and note Ilie effect and Ihe r82sorns for any material depailLire from Ihose standards., and prepare the financi21 statements oll the gcbing concern basis unless il 18 inappropriate to pr@sume that the charily will continue in operation. The Irusloes confimi that they have complied with tha above rgquiremenls in preparing the finaiicial slatèmenls. Thè Iruslees are responsiblè for keeping adequate accoiinling records that ar8 sufficient lo show and explain Ilia charity's transactions and disclose will) reasonable accuracy al any lime the financial position of the charily aiid onable Iliem lo ensure Ilial thé financial slaleiments comply ¥vilh Ilie Cliarilies Act (Nortlierii Ireland) 2008. They aro also responsible for safeguarding the assets of Ilia charity and hence for taking reasonable sleps for Ihe pievenlion arid detection of fraud and olhor irregularities. Approved by the Board of Trustees on 8 February 2024 and slgned on Its behalf by: Oliver McGale {Chairper50n) Trustee Janette Mccrory {Treasurerl Trustee
St Conor's Parents, Teachers and Friends Association INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF ST CONOR'S PARENTS, TEACHERS AND FRIENDS ASSOCIATION I have axamined tho financial statements of the charity for the financial year ended 31 Augusl 2023, which comprise the Slalement of Financial Activities, the Balance Sheet and the I'èlated notes. This report is iiiade solely lo the charity'8 members, as a body, in accordance with the Chari1188 Act (Northern Ir8laiid) 2008. My work has been undèrtakon so that I Inighl Goinpile tho fiiiancial slalemenls Ilial I have beeii èngaged to compilè, rèporl lo the 8oard of Trusloes Ihat I liave doiio so, and slate Iliose niallèrs that I have agr@ed lo slate lo them in this report and for no other purpose. To Ihe fullest ext@nl permitted by law, I do not accepl or assuniè responsibility lo anyone other than the charity and the charity's members, as a body, for my work, or for this report. Respective responslbilities of trustees and examiner Tha charity's IrLislees are responsible for the preparation of the finaiicial slalemènls in accordance ivilh the requireiiienls of the Charities Act (Norihern Irelandl 2008. The cliarity s Iruslees consider Ihal an audit is not required for this financial year under the Cliarilies Act (Northern Ireland) 2008 and that an independent examination is required. 11 is niy rosponsibilily lo.. exaiiiine Iho financial slalemenls under section 65 of Ihe Charities Acl-. follow Ilie procedures laid down by the general Direclions given by Ihe Charity Commission for Northern Ireland under section 6519llbl of the Charities Act.. and slate wliolher particular malteis hav& come lo my allention. Basts of Independent examlner's report I have gxaiiiin&d your charity financial siatemenls as required under seGlion 65 of the Charilies AGI and my exainination was cartied oul in accordance with the gengral Directions giv@n by tho Charily Coinmission for Nortli8rn Iroland uiider section 6519llbl of tho Charities Act. An examination inclu(les a rèviow of the awounting records kept by Ihe cliarily and a conipafison of tlie finanaal slalemenls presented ¥vilh those records. It also inGlu(les consideration of any unusual ileiiis or disclosures in the finaiiGial slalenienls and seeking gxplanalions from the Iruslees concgrning any such mallers. Tho proc8diiros undertakèn do nol provid@ all the evid&nce that would bo required in an audit and consequently no opinion is given as to wh&lher the aGGounls present a 'lrue and fair view and tho report is liimiled lo Ihosg mallers sel out in the slalemenl bèlow. Iii connection with my examination, no maller has come lo my allenlion which gives me cause to bglievg that in, any material respect.. acoounting recoids were not kepl iii accordaiice with seolion 63 01 the Charilies Act Iliè financial 51alements do not accord vJilli Ihose acGounliiig records Ili& financial slaleinènts have not been prepared in accordaiice kvilh tho Statement of Rebommend@d Practice applicable lo cliari118s preparing their accounts in accordance wilh Ilie Financial Reporting Slandard applicable in the UK and RepLibliG ol Iraland IFRS1021 thoro is further information needed for a proper undgrslanding of the aGcounls lo be r8ach@d. Independent examiner's statement I have no concerns and have come across no other mallers in conneolion with the exaininalion lo which allgntion shobkidrawn in this report in order lo enable a proper undèrstanding of the financial slalemÉnls lo be reached. NIALL MCKENNA FCA 30a Gortin Road Oimagh Co Tyrone BT79 7HX Date., 8 February 2024
st Conor's Parents, Teachers and Friends Association STATEMENT OF FINANCIAL ACTIVITIES for the financial year endod 31 August 2023 Unrestrlcted Restrlcted Funds Funds 2023 2023 Total Unrestriclgd R8slricled Funds Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incomlng Resources Cliarilabla aclivilios - Grant8 from governments and other CO•fundèrs Aclivilios for ggnerating funds 10,372 10.372 18,381 18,381 Total Incoming resources 18,381 10,372 28,753 Resources Expended Raising funds Charitable activities Other expendilure 18,696 18,696 10,372 289 460 460 10,372 289 181 181 Total Resources Expended 18,985 10.372 29,357 641 641 Net incomingloutgoing resources before transfers 16041 (6041 1641) 16411 Gross transfers betwèan funds Net movement in funds for the financial year 16041 16041 1641) 16411 Reconciliation of funds.. Total fiinds beginning of the year 21,623 389 22,012 22,264 389 22.653 Total funds at the end of the year 21,019 389 21,408 21.623 389 22,012 The Slaleiment of Financial Aclivilies includes 811 gains and Iossgs recognised in the financial year. All incomg and expenditure relate to continuing aclivilies. The noles on pages 10 to 13 fotm part of the financial statements
St Conor's Parents, Teachers and Friends Association BALANCE SHEET as al 31 Aiigusl 2023 2023 2022 Notes Current Assets Casli al bank and in hand 21,408 22,012 Net Current Assets 21,408 22,012 Total Assets less Current Liabilities 21,408 22,012 Funds Rgslriclad trust funds Dosignaled funds {Uni"eslrictèd} Genoi"al fund {unreslricl8dl 389 27,282 (6,263) 389 12,301 9,322 Total funds 21,408 22,012 Approved by the Board of Trustees and authorlsed for Issue on 8 February 2024 and signed on Its behalf by Oliver McGale (Chairperson) Trustee Janette Mccrory (Treasurer) Trustee The notes on pages 10 to 13 fom p81'i of Ili@ finaiicial statements
st Conorfs Parents, Teachers and Friends Association NOTES TO THE FINANCIAL STATEMENTS for Ilie financial year ended 31 August 2023 GENERAL INFORMATION St Conorfs Pargnls. Teachers and Friends Asso¢ialion is a charity incorporated in Northern Ireland. Tho registered office of the charity is Sl Conorfs Primary School, 109 Brookinounl Road. Omagh, Co Tyrone, BT78 5JQ whicli is also Ilia principal placè of activities of thé charity The fiiiancial statemènts have been pr6sènlÉd in Pound Sterling (£1 which is also Ilie functional currency of the Charity. SUMMARY OF SIGNSFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dèaling with ilenis which are considered material in relation lo the charity's financial slatemènls. Bas15 of preparatlon The financial slalem8nls have been prepared on tha going concern basis under tho historical cost coiivention, modifièd lo iiiclude cerlaiii items al fair value. The financial slalemenls havè been prepared in accordanc8 with the Slatemenl of Recommended Practice ISORPI "AcLounling and Reporting by Charities preparing their accounts in accordance wilh tho Financial Reporting Standard applicable in th6 UK 2nd Republic of Ireland FRS 102" As perinilled by tho Companies Act 2006, the charily has varied the standard foriiials in Ilial a¢1 for the Slaloinonl of Financial Aclivilies and tlie Balanco Sheet. Departures from tho siandard fornials are lo comply wilh Ihè reqLiiremenls of thè Charities SORP and are in compliance wilh section 4.7, 10.6 and 15.2 of that SOF<P. statement of compliance The financial slalemenls of tlie charity for the financial yèar ended 31 Dècember 2017 liava been prepared on the goiiig concern basis and in a¢cordaiice with Ilie Slalemenl of Recommended Pra¢lice ISORPI "Accouiiliiig and Roporting by Chariligs preparing Iheii" accounts in accoidance with Ihe Financial Rèporiing Standard applicable irk the UK and RepubliG of Irelaiid FRS 102" Incoming Resources Voluntary incoime or capital is included in Ilie Slatemoiil ol Financial Activities ivhen the chartty is legally enlilled to il, ils finaiicial value can be quantified with reasonable Certainly and there is I'easonable carlainly of its ultimate receipt. Enlilleiiienl lo legaGies is considered established wlien Ihg Gharilv has been nolifjed of a distribution lo be made by thè execulors, Incomo ioceivod in advanco of due performance under a Gonlracl is accouiiled for as defori-ed income until 88mèd. Grants fo[ aGlivilies aro recognis8d as incoime whèn IhÈ relatèd conditions for legal onlillemonl liav& bÉèn mel. All olher income is accounlèd for on an accruals basis. Income from charitable activlties In¢)me froni cli81ilable aclivilies inGlude income oarn8d from the SLipply of services undèr conlraclual arrang&inonls and froni performance Falalod grants wliich have conditions Ilial specily tho provision of particular sorvices lo be provided by th9 charity. Incomo frotn government and other co-ILindgrs is recognisod when the charity is legally enlilled to the income because il is flillilling the conditions containgd in the related funding agreements. Vvhere a grant is received in advance, ils recognition is deferied and included in cr@dilors. Where entilleiiienl occurs bglorè income is reGeived, il is accnied in debtors. Grants from governments and olhei co-fLinders typically includ@ one of the following typos of conditions.. Perforniance based Conditions.. whereby the charity is contractually eiililled to funding only lo Ilie exlenl that the core objectives of the grant agroein9nl are aGhioved. Where Ihe charily is meeliiig the cole obje¢lives of a granl agr88ineiil, il reGognis9s tho relalg(l expenditure, lo the gxlent Ilial il is roiillblirsable by the donor, as income. -Tiiiie based Gondilions.. whereby tho charity is Gonlraclually enlilled lo funding on the Condition tlial il is ulilised in a partlGular period. In Ili@s@ cases the charily rocognises tlie income lo the exlenl it is ulilised within the period spgcilied iii the 8gro@menl. In the absence ot such conditions, assuming that rèceipt is probablg and the amount can be reliably nieasured. grant inGomo is Fecognised once Ilie Gharily is notified of onlilleineiit. Granls rocgived lowards capilal axpondilure arg Grediled lo tho Slal@m@nl of Financial Activities wheii rocoived or fgGeivable, wliicliever is oarlier. 10
st Conor's Parents, Teachers and Friends Association NOTES TO THE FINANCIAL STATEMENTS conlinLl8d for the financial year ended 31 Augusl 2023 Resources Expended All resources expended ara accounted for on an accruals basis. Charitable activities include costs of services and granls. support cosls and depreciation on related assets. Cosls of generaling funds similarly incllide fundraising aGtiviliÉs. Non-slaff costs not allributed lo one category of activity are allocated or apportionèd pro-rala lo the slaffiiig of the rel8vanl sonjice. Financ&, HFi, IT and adniinislralive staff costs arè dirèctly 8llribulable to individual activities by objective. Gov8rnance costs are those associated with conslilulion81 and stalulory requirements. Cash at bank and in hand Casl) at bank and iii hand comprises G8sh on deposil al bank8 requiring less Ihaii three nionlhs noliG9 of withdraival. PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTITIES In coniinon ivilh many other charitablè companies of our sizè 2nd nature, we us& our auditors lo assist wilh the preparation of the financial stal&mènls. INCOME CHARITABLE ACTIVITIES Unrestricted Restrlcted Funds Funds 2023 2022 Grants from governments and other co- funders,. AGliv8 Avrfards Funding.1 Eco Project 10,372 10,372 OTHER TRADING ACTIVITiES Unrestrlcted Restricted Funds Fund5 2023 2022 Froddy Fitness Aiinual Bazaar Fundraising AGlivitios 11,237 7,034 110 11,237 7,034 110 18,381 18,381 EXPENDITURE RAISING FUNDS Dlrect Costs Other Costs Support Costs 2023 2022 Freddy Filness Annual Bazaar Fundraising Aclivities Eco Project 450 2,B28 11321 9,660 450 2,828 5,758 9,660 5,890 460 12,806 5,890 18,696 460 CHARITABLE ACTIVITIES Dlrect Costs Other Costs Support Costs 2023 2022 Active Awards Fundingl Eco ProjeGI 10,372 10.372 11
st Conor's Parents, Teachers and Friends Association NOTES TO THE FINANCIAL STATEMENTS continued for Ilie financial year endèd 31 ALigusl 2023 OTHER EXPENDITURE Direct Costs Other Costs Support Cosls 2023 2022 Adminislralion costs 140 149 289 181 SUPPORT COSTS other Expendlture 2023 2022 Support Costs 14g 149 53 ANALYSIS OF SUPPORT COSTS 2023 2022 Support Costs 149 53 RESERVES 2023 2022 Al Ihe bogiiining of the yèar Daficil for the financial year 22,012 16041 22.653 16411 At the end of the yèar 21,408 22.012 FUNDS RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Total Funds Al 1 Seplgmbei 2021 Movement during the finanGial y9ar 22,264 16411 389 22,653 16411 Al 31 AugLlSt 2022 Movefflgnl during Ilie financial ygar 21.623 16041 389 22,012 16041 AI 31 ALigusl 2023 21,019 389 21,408
st Conor's Parents, Teachers and Friends Association NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 ALigusl 2023 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 September 2022 Income Expenditure Transfers beteen funds Balance 31 August 2023 Restrlcted fund5 Aclive Awards Funding/ Eco Proj8Gt Unrestricted funds Matilda Production Annual Bazaar Freddy Fitness Fundraising Activities Eco Pi'ojecl 389 10,372 10.372 389 11891 6,711 5,907 9,194 140 2,828 450 6,039 9,660 (3291 10,917 16,694 3,397 19,6601 7,034 11,237 242 21.623 18.513 (19,1171 21.019 Total funds 22,012 28,885 29,489 21,408 ANALYSIS OF NET ASSETS BY FUND Current assets Total Restricted trust funds 389 389 Unrestricted designated funds Uni"estriGled general funds 12,429 8,590 12,429 8,590 21,019 21,019 21,408 21,408
ST CONOR'S PARENTS TEACHERS AND FRIENDS ASSOCIATION SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2023 14
St Conor's Parents, Teachers and Friends Association SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Oporaling Slaleinent for t1@ financial year énded 31 ALigLlSt 2023 2023 2022 Income Donations Fundraising Activities Annual 8azaar Freddy Fitness ASDA Foundation Grant 2 from Gharilable activities 110 132 6,634 11,237 400 10,372 6,786 28,885 6,786 Cost of generating funds Aniiual Bazaar Freddy Fitness Learniiig resources Eco Project 2.828 450 5,890 20,032 7,148 29,200 7,148 Gross deficit 13151 13621 Expenses Bank chargas G8n@ral expenses Charitable donatioi)s 149 53 98 128 140 289 279 Net deflcit 1fj041 16411 The supplemenlaiy information dogs not form part of the fin8llGial statemeiiis 15