Charity Number: 106212 St Conorfs Parents. Teachers and Friends Association Annual Report and Unaudited Financial Statements for the financial year ended 31 August 2024
st Conor's Parents, Teachers and Friends Association CONTENTS Page Trustees, and Other Information Trustees, Report Statement of Trustees, Responsibilities Independent Examinerfs Report St8tement of Financial Activities Balance Sheet Notes to the Financial Statements 10- 13 Supplementary Information relating to the Financial Statements 15
st Conor's Parents, Teachers and Friends Association TRUSTEES. AND OTHER INFORMATION Trustees Michelle O'Rawe (Appointed 21 February 2024) Janette Mccrory {Treasurer) Vicky O'Haqan (Rosignod 21 February 20241 Yvonne Mcmillan Oliver McGalo (Chairperson) Sheona Go(MJwin Danielle Quinn Isocrelaryl Julio Corry Joanne Coleman IR8signgd 21 February 20241 Rosaloen McNully Elain8 Gallagher (Resigned 21 February 20241 Emma Marshall Deborah Albuquarque Katrina McGelliqan Kylie Woods (Appoinlad 21 February 20241 Lauren Hernandaz (Appoinlad 21 February 20241 Paula Johnston (Appoinlad 21 February 20241 Charlty Number In Northern Ireland 106212 Prlnelpal Address Sl Conorfs Primary School 109 Brookmounl Road Omagh Co Tyrona 8T78 &JQ Independent Examlner Niall McKonna FCA 30a Gortin Road Omagh Co Tyrone BT79 7HX Prlnclpal Bankers Bank ol Ireland 23-25 Campsi9 Road Omagh Co Tyrone BT79 OAE
st Conor's Parents, Teachers and Friends Association TRUSTEES. REPORT for the financial year ended 31 August 2024 The trustees present their Trustees. Report and the unaudited financial statements for the financial year ended 31 August 2024. Misslon, Objectives and Strategy Mlsslon Statement st Conorfs Parents, Teachers and Friends Association is run by a group of volunteer parents, staff and friends who organise social events to slrongthen homevschool relalionships as well as occasionally raising funds to purchase educational resources for Ihe children al St. Conorfs School. Tho Association also supports Ihe school by providing hospitality al school events and volunleering for roles within the school. The purpose of the Association is to advance the eduGg1ion of pupils in the school in particular by: 1. Devaloping effective ralalionships between the slaff, parents and others associated with Ihe school., 2. Engaging in aclivilias or providing facili1188 or equipment which support Ihe school and advance tho education of the pupils. Structure, Governance and Management Structure Tho board of Irustaes are as follows.. Oliver McGale Daniella Quinn Jan6116 Mccrory Shoona Goodwin Yvonno Mcmillan Michollo O'Rawo Rosalgon McNulty Paula Johnston Lauren Hernandaz Kylie Woods Emma Marshall Doborah Albuquorque Julie Corry Katrina McGetligan Governance The Governing document: Constitution Trustee Sglection Methods.. Elected at Annual General Megling Revlew of Actlvltles, Achlevements and Performance During 2023-24 the Committee ovorsaw Iho following aclivilies: 1.Subsidy for provision of Lgavors Hwdies 2.Sacured funding lo help with th8 school Eco Project 3.Organise Freddy Fitness fundraiser 4.COrdinat8 the Annual Bazar fundraiser Flnanclal Revlew Tho Receipts and Paym8nls acUnt shows a surplus of £11,385. The total reserves available to the association at 31 Augusl 2024 is £32,793, made up of cash at bank. Resulls and Dlvldends At the end of the financial year the charity has assets of £32.79312023 £21.408) and liabilities of £0.00 {2023 £0.00). The nel assets of the charity have increased by £11,385. Reference and Administrative details Additional reference and adtninislralive details (xn be found on page 3 of the financial slatements. In accordance with the Constilution, the truslees retire by rotalion and, being eligible, offer Ihemselves for ie-election. Compliance with Sector-wide Legislation and Standards The charity engages pro-actively wth legislation, standards and codes which are developed for the sector. Sl Conorfs Parenls, Teachers and Friends Association subscribes to and is compliant with the following.. The Charities SORP (FRS 102}
st Conor's Parents, Teachers and Friends Association TRUSTEES. REPORT for the financial year ended 31 August 2024 Public Benefit The Trustees have had regard to the Commissions Public benefit requirement statutory guidance Purpose 1= Improved relationships belween home and school The benefit which flows from this purpose includes funding for additional resources for Ihe school and links built with the local community. Purposg 1 is demonslralgd through having an active PTA that Works in partnership wilh the school and engages parental support. Purpose 2.. Advancing thg education of pupils in the school The benefit which flows from this purposo includ88 incrgased educational progress and altainmgnl of pupils in the school and links built with th8 local community. Purpose 2 is demonslralgd Ihrough pupils having access to resources, events, activities and links with the local community which are not available through direct school funding. No harm arises from eilhar purpose. Tha benoficiarias of this charity ar8 the children of Sl. Conorfs Primary School. Charity truslaes (PTA commilleo members) are usually also parents al the school which their children allend and hence gain benefit in the sam8 way as all other beneficiaries. This benefit is incid8nlal and necessary lo ensure the benefit is provided to all b8neficiari88. Approved by ihe Board of Trustees on 5 December 2024 and slgned on Its behalf by: Ollver McGale {Chalrperson) Trustee Janette Mccrory (Treasurer) Trustee
st Conor's Parents, Teachers and Friends Association STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 August 2024 The trustees are responsible for prepating the financial statements in acLordanc2 with applicable law and regulations. The law applicable lo Gharities in Northem Ireland requires the trustees lo propare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as al tho financial year end date and of the surplus or deficit of Ihe charity and otheise comply wilh Iho Charities Act (Northern Ireland) 2008. In preparing these financial statements, the Iruslees are required lo: select suitable accounting policies and apply them consistently. observe tho methods and principles in the Charities SORP make judgamenls and accounting eslimalgs that are reasonable and prudent. slate whalhar the financial slal8m8nls have boen prepared in accordance with applicable accounting standards, identify thosa standards, and nol8 Ihe 8ffocl and Ihe reasons for any malarial departure from those standards,. and prepar8 the financial slalemenls on the going concern basis unless it is inappropriate to pr8sum8 that tha charity will continue in oparalion. The Irustoas confirm that they have complied with tha above requirements in proparing the financial stalemenls. Tho trustees are responsible for keaping adequate accounling records that ara sufficient lo show and explain the charity's transactions and disclose with reasonabla accuracy al any lime th6 financial position of the charity and onable them lo ensure that the financial slalemenls comply with tha Charili6s Act {Northarn Ireland) 2008. Thay are also rasponsible for safeguarding tha assels of the charity and hèncè for taking reasonable slaps for tha pravention and daleclion of fraud and other irr8gularilias. Approved by the Board of Trustees on 5 December 2024 and slgned on Its behalf by: Ollver McGale (Chalrperson) Trustee Janette Mccrory (Treasurer) 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 examined the financial statements of the charity for the financial year ended 31 August 2024, which comprise the Statement of Financial Aclivilies, the Balance Shoel and the related notes. This report is made solgly to the charity's members. as a body, in accordance with the Charities AGI (Northern Ireland) 2008. My work has been undertaken so Ihal I mighl cLJmpile the financial statements that I havo been ongaggd lo compile, report lo thg Board of Truslees that I havo done so, and stale those matters that I have agreed to slal8 10 thom in this rgport and for no other purpose. To the fullosl gxlgnl pemiillod by law, I do not accept or assume rgsponsibility to anyone other than Ihe charity and the charity's membars, as a body, for my work, or for this roport. Respectlve responslbllltles of trustees and examlner The charity's Iruslees are responsible for the proparalion of the financial statements in accordanc8 with the r8quirem8nls of tha Charities Acl INorth8rn Ireland) 2008. The charity's Iruslees consider that an audit is not requirad for this financial year under the Chari1188 Acl (Northern Irolandl 2008 and that an ind8pend8nl axaminalion is required. 11 is my responsibility lo: axamine the financial slalemenls under saclion 65 of tha Charities Act., follow the procedures laid down by thè ganaral Diraclions given by the Charity Commission for Northem Iraland under section 6519llbl of the Charilies Act.. and slala wh8lh8r particular mallars hava comè lo my attanlion. Basls of Independent examlnefs report I havo oxaminod your charity financial slaloments as requirod undor section 65 of tha Charilias Act and my axaminalion was carriod out in accordance with tho general Directions given by tha Charity Commission for Northorn Iroland undor section 65{9llbl of tho Charilios Acl. An oxaminalion includes a roviow of tho accounting rocords kopt by tho charity and a comparison of tho financial slatomonls prosonled with Ihosg rocords. 11 also includos consideration of any unusual iloms or disclosuros in tho financial slalomgnts and sgoking explanations from tho Irusloos concorning any such mallers. Tho proceduros undortakon do not provido all the ovidonco that would bo required in an audit and consoquonlly no opinion is givon as to whelhor tho accounts prosgnt a 'truo and fair, viow and th9 r9POrt is limited lo Ihose malleis sg1 oul in th9 slalamonl bolow. In connoclion with my examination, no matter has come to My atlenlion which gives mg causg lo beligV9 that in, any material respocl.. accounting records werg not kept in accordance with section 63 of the Charities Act the financial statements do not accord wilh Ihose accounting r9cords the financial sla19m9nls have not be9n propared in accordanc9 with the Sla19menl of Recomm9ndgd Practice applicab191o charilies preparing Ih9ir accounls in accordance wilh Ihe Financial Reporting Standard applicable in tho UK and Republic of Ireland IFRS102) Iherg is further information needed for a proper understanding of the accounts lo bg reached. Independent examlnefs statement I have no concerns and have come across no other matlgrs in connection with the examination lo which altontion should be drawn in this r8POrt in ordgr lo enable a proper understanding of the financial slalgmenls lo be rgached. NIALL MCKENNA FCA 30a Gortin Road Omagh Co Tyrone BT79 7HX Dale: 5 December 2024
st Conor's Parents, Teachers and Friends Association STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 August 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Unreslricled Restricted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Notes Incomlng Resources Charitable aGtivilies Grants from governments and other co-funders Activities for generating funds 10,372 10,372 15,322 15,322 18,381 18,381 Total Incomlng resources 15,322 15,322 18,381 10,372 28,753 Resources Expended Raising funds Charilabla aclivilias Othor axpenditura 3,670 3,670 18,696 18,696 10,372 289 10,372 267 267 289 Total Resources expended 3,937 3,937 18,985 10,372 29,357 Net Incomlngioutgolng resources before transfers 11,385 11,385 16041 {604} Gross transfers batween funds 389 (3891 Net movement In funds for the flnanclal year 11,774 (3891 11,385 (6041 {604} Reconclllatlon 01 funds: Total funds beginning of tho year 21,019 389 21,408 21,623 389 22,012 Total lunds at the end of the year 32,793 32,793 21,019 389 21,408 The Slalemenl of Financial Activities includes all gains and losses recognised in thg financial ygar. All income and gxpendilure relale lo nIlnUing aclivilies. The notes on pages 10 to 13 fotm part of the finanaal statements
st Conor's Parents, Teachers and Friends Association BALANCE SHEET as at 31 August 2024 2024 2023 Noles Current Assets Cash al bank and in hand 32,793 21,408 Net Currenl Assets 32,793 21,408 Total Assets less Current Llabllltles 32,793 21,408 Funds Reslriclad trust funds D88ignated funds {Unreslrictad) Genaral fund lunr8slricl8dl 389 27,282 16,263) 32,793 Total funds 32,793 21,408 Approved by the Board of Trustees and authorlsed for Issue on 5 December 2024 and slgned on Its behalf by r&WMW *iY Ollver McGale (Chalrperson) Trustee Janette Mccrory (Treasurer) Trustee The notes on pages 10 to 13 fotm part of the finanaal statements
St Conor's Parents, Teachers and Friends Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 August 2024 GENERAL INFORMATION Sl Conorfs Parents, Teachers and Friends Association is a charity incA)rporated in Norlhem Ireland. Thg registered offic£ of the charity is St Conorfs Primary School, 109 Brookmounl Road, Omagh, Co Tyrone, BT78 5JQ which is also the principal place of aclivilios of the charity The financial slatomenls have boen prgsgnlgd in Pound 1£) which is also thg functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounling policies have bgen applied consistently in dealing with items which are considarad material in relation lo Ihe charily s financial stalemenls. Basls of preparatlon The financial slalemenls have been prepared on the going concem basis under the historical cost convention, modified lo includ8 certain items al fair value. The financial slalemenls hava been prgpared in accordance with the Slalemenl of Recommanded Pfaclice (SORP}'Accounling and Reporting by Charilias preparing their accounts in accordanco with the Financial Reporting Standard applicable in the UK and Republic of Iraland FRS 102.. As permilled by the Companiès Act 2006, the charity has variad the standard fomials in that act for the Slalamanl of Financial Aclivilias and the Balance Sh6el. Dapartures from Ihe standard formals ara lo comply with tha requiramants of the Charilies SORP and are in complianca with saction 4.7, 10.6 and 15.2 of that SORP. Slatemenl of compllance Tho financial stalomonls of the charity for Iha financial yaar and8d 31 Dgcombor 2017 havo baen propargd on the going concorn basis and in accordanca wilh the Slatemgnl of Rocommondod Praclico {SORP} "Accounting and Roporting by Charilios propaTing Ihoir accounts in accordancg wilh tho Financial Roporting Standard applicablo in the UK and Ropublic of Ireland FRS 102". Incomlng Resources Voluntary income or capilal is inGludgd in Ihe Slatgrngnt of Financial AGliviligs whgn th9 charity is Iggally enlilled lo il, ils financial valu9 can b& quantified with r&asonablo cortainly and Ihoro is roasonablg certainly of its ullimato rgc91pI. Enlillom9nl lo logacies is considorgd established whon th9 Gharily has boon nolifiod of a distribution lo be mado by the executors. Incom9 rocgiv9d in advance of dug p9rformanGo und9r a contract is accounlgd for as deferred income unlil earn9d. Granls for activit19s are rec£)gnis9d as income when the related conditions lorlggal enlillemenl have bgen met. All olher income is accounted for on an accruals basis. Income from charltable actlvltles Income from charilablg activities include income garned from Ihe supply of services under contractual arrangements and from performance related grants which have condilions that spgcify the provision of particular servicos lo be provided by Ihe charity. Inme from government and other co-funders is rgcognisgd when the charity is legally enli11gd lo the income because it is fulfilling the conditions contained in the rolaled funding agreements. Where a grant is received in advance, ils recA)gnilion is deferred and included in cradilors. Where enlitlemenl occurs before income is received, il is accru8d in debtors. Grants from governments and other Cowfunders typically include one of the following types of conditions: Perfomiance based conditions.. whereby the charity is conlraclually entitled lo funding only to the exlenl that the core objectives of Ihe granl agreemenl are achieved. Where the charily is meeting the core objectives of a grant agreement, il recognises the related expenditure, to Ihe extent thal il is reimbursable by the donor, as income. •Time based conditions.. whereby the charity is contractually entitled lo funding on the condition that it is utilised in a particular period. In these cases Iho chatity recognises Ihe in(x)me to the extent il is utilised within the period specified in the agreettbent. In the absence of such condilions, assutning that receipt is probable and the amounl can be reliably measured, grant income is recogrbised once the charity is notified of entitlement. Grants received lowards capital expendilure ale edited lo the Statement of Financial Activities when received or receivable, whichever is eadier. 10
continued St Conor's Parents, Teachers and Friends Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 August 2024 Resources Expended All resources expended are accA)unted for on an accnjals basis. Charitable activities include CA)sls of services and grants, support costs and depreciation on related assets. Costs of generating funds similady include fundraising aclivilies. Non-staff CA)Sts nol attributed to one category of activity are allocated or apportioned pro-rata lo the staffing of tho relevanl service. Finance, HR, IT and adminislralivo staff costs arg diraGIIy allributable lo individual aclivilies by objective. Govemance costs are those aSSlated with conslitulional and slatulory requirements. Cash at bank and In hand Cash al bank and in hand comprisgs cash on deposit at banks rgquiring less than Ihrge months notice of withdrawal. PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTlnES In common with many other charitable companies of our size and nature, we use our auditors lo assist with tha preparation of the financial slalèmènls. INCOMe CHARITABLE ACTIVITIES Unrestrlcted Restrlcted Funds Funds 2024 2023 Grants from govemments and other co.funders: Aclivo Awards Fundingl Eco Projocl 10,372 OTHER TrADING ACTIVITIES Unrestrlcted Restrlcted Funds Funds 2024 2023 Freddy Fitness Annual Bazaar Fundraising AGlivi11gS 5,081 8,198 2,043 5,081 8,198 2,043 11,237 7,034 110 15,322 15,322 18,381 EXPENDITURE RAISING FUNDS Dlrect Costs Other Costs Support Costs 2024 2023 Freddy Fitness Annual Bazaar Fundraising Activities Eco Project 450 2,204 1,016 450 2,828 5,758 9,660 2,204 87 929 2,741 929 3,670 18,696 CHARITABLE ACTIVITIES Dlrect Costs Other Costs support Costs 2024 2023 Active Awards Fundingl E(x) Project 10,372 OTHER EXPENDITURE Direct Costs other Costs Support Costs 2024 2023 Adminislralion costs 153 267 289 11
continued St Conor's Parents, Teachers and Friends Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 August 2024 SUPPORT COSTS other Expenditure 2024 2023 Support Costs 114 149 ANALYSIS OF SUPPORT COSTS 2024 2023 Support Costs 114 149 RESERVES 2024 2023 Al tha beginning of the year Surplusl{Daficil) for the financial year 21,408 11,385 22,012 {604} Al the and of tha year 32,793 21,408 FUNDS RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlcted Restrlcled Funds Funds Total Funds Al 1 Soplomber 2022 Movomenl during th9 financial year 21,623 1604} 389 22,012 {604} Al 31 Auqust 2023 Movem9nl during the financial year 21,019 11,774 389 {3891 21,408 11,385 Al 31 August 2024 32,793 32,793 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 Sepiember 2023 Income Expendlture Transfers between funds Balance 31 August 2024 Active Awards Fundingl Eco Project Unrestrlcted funds Matilda Production Annual Bazaar Freddy Fitness Fundraising Activities Fundraising Activities Eco Project 389 1389} 13291 10,917 16,694 329 {3,090} {3,090) 737 {4,157) 9,660 8,198 5,081 2,204 450 13,821 18,235 737 3.397 (9,6601 2,043 1,283 21,019 15,322 (3,9371 389 32,793 Total funds 21,408 15,322 3,937 32,793 12
continued St Conor's Parents, Teachers and Friends Association NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 August 2024 ANALYSIS OF NET ASSETS BY FUND Current assets Total Restricted trust funds 389 389 Unrestricted dgsiqnaled funds Unreslricled g8n8ral funds 12,429 19,975 12,429 19,975 32,404 32,404 32,793 32,793 13
ST CONOR'S PARENTS TEACHERS AND FRIENDS ASSOCIATION SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2024 14
st Conor's Parents, Teachers and Friends Association SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement for the financial year ended 31 August 2024 2024 2023 Income Donations Fundraising Aclivilios Annual Bazaar Freddy Fitness ASDA Foundalion Grant 2 from charilablo aclivitlgs 270 1,773 8,198 5,081 110 132 6,634 11,237 400 10,372 15,322 28,885 Cost of generatlng funds Annual Bazaar Freddy Fitness Laarnino rasourcas Eco Project 2,204 450 2,828 450 5,890 20,032 2,654 29,200 Gross surplusl{deflclt} 12,668 {315} Expenses Bank charges Gonoral oxpensos Chaiilablo donations 114 1,016 153 149 140 1,283 289 Net surplusl(deflclt) 11,385 {604} The supplementary information does not form parl of the financial stalements 15