Ballyclare High School Parents Teachers And Friends Association Report of the Trustees Year ended 31 May 2023 Annual Accounts and Financial Review The Association has chosen to present annual accounts in Receipts and Payment Format as permitted by Charities Commission Nl regulations. A draft set of accounts were presented to the committee before being submitted to professional accounts for review. The Accounts demonstrate the funds of the Association to be sufficiently in surplus to allow for the activities of the Association to continue without disruption. At the end of the fTnancial year, the total assets less liabilities of the Association stood at £2189, an increase from £1186 in the previous year. Reserves Poli The PTFAS Constitution, Clause 3.7 states, 'This clause enables the committee to allocate funds for particular purposes, or as re5eeS.-.-the association maintains reserves to cover planned expenditure and to meet the kind of expenditure which may be required at short notice. However, reserves should not be built,. The modest balance at the end of year having been carrted forward to 23/24 reflects this position. Signed Q.tsJ(LUo (o..... Jessica Wallace Trustee Date 'io (i (ioL4- Michelle Adair Trustee Date kn.%_24
Ballyclare High School Parents Teachers And Friends Association Report of the Trustees Year ended 31 May 2023 Please see below a summary of income and expenditure for the PTAFA covering the period 1 June 2022 to 31 May 2023 Income Income £ Expenditure £ Amazon Europe Core 288.66 Christmas fair sales and stall income (21 stall holders) 896.42 404.34 ASDA community champs 500.00 Year 8 party sales 1000.25 136.07 Quiz sheet sales 124.46 Parentkind membership fee 145.00 Fees (bank) 81.55 Transfer to BHS - Seat purchase gift 1000.00 Total 2809.79 1806.96 Profit for year 1002.83 Opening balance brought forward from 22123 1186.43 Total opening balance 23124 Cash at bank (as per bank statement at 3118123) 2189.26 Statement of assets and liabilities at the end of the period: Total Unrestricted Cash Funds available to the PTAFA on 1 June 2023 are £2189. 26 There are no liabilities to report.