Friends of Cabragh TRUSTEES' REPORT
for the financial year ended 31 August 2025
The trustees present their Trustees' Report and the unaudited financial statements for the financial year ended 31 August 2025.
The financial statements are prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Trustees’ Report contains the information required to be provided in the Trustees’ Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members ofthe board of trustees. In this report the trustees of Friends of Cabragh present a summary of its purpose, governance, activities, achievements and finances for the financial financial year 31 August 2025.
Mission, Objectives and Strategy
Mission Statement
Objectives and Activities
Friends of Cabragh are a group of volunteers who come together to support the local primary school of St Marys Cabragh and enhance the educational experience of the children attending. The Charity support the local school by meeting with the principal to discuss if there are additional educational voluntary support that the Charity can provide. Tthe Charity organise fundraising events to enable them to raise funds that are then used to purchase educational resources or equipment for the children of the school. The benefits will be demonstrated by assessing and evaluating the outcome of activities provided by Friends of Cabragh through questionaires and feedback from pupils, staff and parents. There is no harm arising from our purposes The beneficiaries are the pupils, staff and families of St Marys Cabragh Primary School. There is no private benefit from our purposes.
Financial Review
The results for the financial year are set out on page 7 and additional notes are provided showing income and expenditure in greater detail.
Results and Dividends
At the end of the financial year the charity has assets of £3,133 (2024 - £16,482) and liabilities of £0 (2024 - £0). The net assets of the charity have decreased by £(13,349).
Compliance with Sector-Wide Legislation and Standards
The Charity engages pro-actively with legislation, standards and codes which are developed for the sector. Friends of Cabragh subscribes to and is compliant with the following: m= The Charities SORP (FRS 102)
Approved by the Board of Trustees on 31 October 2025 and signed on its behalf by:
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Mrs Claire McKillion Mrs. Linda Corrigan « 3}
Trustee Trustee
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Friends of Cabragh STATEMENT OF TRUSTEES' RESPONSIBILITIES
for the financial year ended 31 August 2025
The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.
The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act (Northern Ireland) 2008.
In preparing these financial statements, the trustees are required to:
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= select suitable accounting policies and apply them consistently;
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m observe the methods and principles in the Charities SORP = make judgements and accounting estimates that are reasonable and prudent: = state whether the financial statements have been prepared in accordance with applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards; and
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= prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees confirm that they have complied with the above requirements in preparing the financial statements.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and 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. 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.
Approved by the Board of Trustees on 31 October 2025 and signed on its behalf by:
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Nave Me ill o>
Mrs Claire McKillion rs. Linda Corrigan
Trustee Trustee
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