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2024-08-31-annual-report

Friends of Cabragh TRUSTEES. REPORT ror Lliv fiiiariLioI yvai 31 Au9Us12024 The trustees pr8s8nt thelr TnL81ees' Rewt and the unaudlted finandal statements for tr￿ financial year ended 31 Au9U$t 2024. The financial ststements a￿ rKepar8d in acaJ)rdarKe v￿th FRS 102 Yhe Financial Reporting StaTrJard applicable in the UK and RepU￿1C of Ireland" and Accounting and R8porfing by Charities: Stalement of R￿0MMended Practice applicable to charilies preparing their financial siatwnents in x(¥xdance Y•ith ts Financial R8portirKJ Standard applicable in the UK and R•pL￿11¢ of Ifeland IFRS 102). Th& Trustees. Report contains the infornation required to be prowd&J in the Trust88s' Annual Report under Ihe ststement of Recommended Practice ISORPI guidelines. Tr trustees of the Chaiity are also thanty thjstees for th8 purpose of charity law and under the charity's constriutim are known as members of the board of trusleeg. In this report the trustees of Friends of Cawh a summary of its purpose. govemance. actNities, achi6v6rnents and financas for the financial finanoal 31 August 2024. Mlsslon. ObJe¢tlv•s and Strat•gy Mlsslon Stat•m•nt Objectives and ActivitbOS Friends of Cabragh are a group of volunleefs who wne tC*3ether to support the l¢xal primary schTr￿ of Sl Marys Cabragh and enhan¢8 the 8ducational exp8rience of the children attendirg. The Charity support the local school by meeting with the prinapal to Oiscuss rf there are additi(Y)al educational voluntsry support that the Charity can provide. Tth8 Charity organise fundrai￿n9 events to enable them to raise funds that are th8n us8d to purchas8 educational resour￿ or equipment for the children of the schcy)l. The benefits wlll be demonstrated by assessing and évaluating the outcom8 of activitres provhled by FrieThJs of Cabragh through quostionaires and feedback from pupils. staff and parents. Thwe is rK) hami ari￿llg frL¥n our puiposes The benefficiar￿S arn the pupils. staff and families of St Marys Cabragh Primary S¢h¢x4. There is no private benefft from i)ur purpo$89. Flnan¢lal R•vl•w During the year ended 31 August 2024, Frie￿IS of CatrKagh produced a surrAus of £12,524. {2023: £406). At the ￿K1 of the financi81 year the Charity had as$8ts of £16,48212023- £3,958) and liabilities of £O12023- £01. 11 is the pdicy of Friends of Cabragh lo retain a level to covw any unforoseen eXp￿ditUre and allow th8 charity to Continue in operation. Thé trustsès do not fores09 any financi81 issugs in the frnblo fulura. R•sults and Dividends The net assets of the ¢haiity have inmsed by £12,$24. Compllance wfth S•ctor-Wld• Ltylslatlon and Standards The Charity engages prcpactively with legisLgtion, stsrmdards and codes which are devdoped ts th? sector. Frlands of Cabragh subscribes lo and i8 ￿m[￿lant with the foTrk)wiThJ'. The Chaiilies SORP (FRS 102) Approv•d by th• Board of Tru$t••8 on 18 Nov•mb•r 2024 and •lgn•d on Its b•half by: aire McKilllon Truste• rs. Linda Corrlgan TTr￿1

Friends of Cabragh STATEMENT OF TRUSTEES. RESPONSIBILITIES for the finanrAal y¢af 31 August Z024 The trustees ar8 responsilkn for pr8pariThJ th8 financial statsments in arxordanc* ￿th applkat48 law and règulations. The law applicat48 to chariti8s in North8m Ireland requires the trust￿ to prepare financial stslements for each financial y&ar wh￿h giv8 a true and fair view of thè &wts. liabilities aThJ financial F￿sitiOn of tho charity as at Ihe financial year end date and of surplus or defiut of th& (tharityy and 0￿￿￿7$8 Co1￿￿Y ￿th the Charities Act {North8m Ireland) 2008. In preparing these finanaal statements. thè trustees are r4uired to: select suitable accountwig tdiues ar¥J ap[￿Y them consistenty. observe the melhjds and principles in the Charities SORP make judgemonts and estimates that aro reasonable and pnjdent.. slate whether the financial ststemerrts have been prepar&J in ac￿rdanCe the relevant finanaal reporting framework. identify those stsndards. and nots the eff￿1 and the reason$ for any material departure from those standards., and prepare the financial stat9ff￿nts on thé goiry concom basis unl8SS it is inappn)priate to that the charity will cothinue in ¢¥)erati(￿. trustees confim that thoy have c<>mpli¢d with above rwuirements in Kwaring the fina￿la1 ststernent5. The trustees are responsi￿e for keeping adequate accounting rec4)rds Ihat a￿ sufficient to show and 6xplain th8 chaws transactions and disclose vthh reasonable accjjracy at any the flnancial position of the charity and enable thèm to ensure that the financial ststements compty vAth th8 Charitteg Act (Northom Ireland) 2Crt)8. Th•y are also ￿PonSI1￿e for safeguarding the assets of the charity and hence for laking roasonable steps for tho prevention and detection of fraLKI and other irregulart16es. Approved by the Board of Tru•teu on 18 Novemb•r 2024 and slgn•d on Its bèhalf by: Mrs Clalr• M¢Kllllon Trustèe . Linda Corrlgan Trnste8