CREAVERY PARENT TEACHER ASSOCIATION (PTA) riArIAL p.fpo4T FOR THE YEAR ENDED 31 AUGusf 2023 1.0 Charlty Commlsslon ireavery Parent Teacher Association was officiallv reRistered with the Charitv iommission TLV Northern Ireland on 17 August 2021. P i A members are now I rustees. and thereTore have resDonsiDilities associated with this role: Fnr p.xamplp; submittine monitorine forms and. finineiHI arroijnts; Iipdatlne Tr memt)ersniD. A.11, members should sign the constltution and provlde thelr details to ensure the Charity iommission Tor Nonhern Ireland can be UDdated with the details of I rustees. 2.0 HMKL Re2istered Tor tsirt Ala The PTA is registered under HMRC as a charity. It can apply for Gift Aid. A claim was made ror (iirt Ala b! the Treasurer on ti June 2022 to HMRC. The results have not vet been receivea. i.u trinancial Review- Dlease aiscuss and aDDrove in ararr. The income and expenditure account are attached below and draft financial ststements. These will require an independent examination and then uploaded to the Charity Commission The overall income increased by £6940.29 during the year when compared to the previous year. This was a result of getting back to normal after Covid-19 restrictions and PTA activitiaf reiurnino ro Dre Danaemic ievei& Exp'enditure increased by £3930. This year included funding of school buses due to the restricted school budget and cost of Ilving crisis the PTA/school did not want to pass onto Darenis. The Income and Expendlture Account Is attached, whlch outllnes a proflt of £4090 for the Tinanciai vear 10 31 AUQUSI 2U23. The balance in the bank at the end of the year was £9,837, whlch Is an Increase of £4.090 Trom Ine Drior vear Daiance OT ti. 141. 4.U (ioinR ioncern - oiease (iiscuss ana agree Tor aisciosure in Ine I rusiees MeDort. The Trustees have discussed the financlal viability of the PTA for the year ahead and continue to lookfor new ways to ralse funds going forward. It Is antlclpated that the PTA Income levels wiii conrinue ro Improve aurinR 2u2il'24: as Ine p IA conrinues 10 progress iowaras Ine normal Tunaraisino activiiies. whicn wouio nave occurrea Dre Dandemic,
Trustees are satisfied that there are adequate funds in place to ensure that the PTA can continue its activitles, and the financial statements for the year ended 31 August 2023 can be signed off as a going concern. Creavery PTA Income & expendlture account year ended 31st August 2023 2022123 2021122 Difference Comment INCOME School Fees Christmas cards & gifts B/fast with Santa Calendars Prize squares Portrait night Christmas Wreath Afternoon tea & raffle Asda Grant EasterTeddy raffle Clothes collection Donation school fair sports fundrdiser Bank interest misc 527.14 515.00 132.65 930.50 0.00 104.00 150.00 195.00 634.45 0.00 0.00 832.34 320.00 0.00 0.00 100.00 2659.65 .4027.77 0.00 12.14 around the same -797.85 no printing fees-direct -104.00 COVID 45.00 ON SALE TOO LATE 634.45 -25.00 POOR AThENDANCE -263.00 left it to late to organize 832.34 COVID 320.00 -96.00 -284.00 school took this money 100.00 2659.65 biannual event 4027.77 -1.21 ~30.00 25.00 263.00 96.00 284.00 1.21 30.00 9384.00 2443.71 TOTAL INCOME 6940.29 EXPENDrruRE Food/drink/consumables Bank fees printing Donations/Gifts repairs Toys/Equip for school insurance school buses craft etc for events afternoon tea & raffle Asda grant sports fundraiser school falr TOTAL EXPENDITURE NEf INCOME & EXPENDITURE 155.91 294.23 42.74 63.32 767.18 100 44.99 21.57 72 -138.32 didn't make sleighs etc like prev yec -20.58 used cash income to pay receipts et -767.18 direct payment 13.74 babv gifts for teachers/ injury 28.47 mosaic in grounds 168.43 tricycle 28 Ins Increased across board 700 decrease in school budget 380.93 decrease in school budget 687.34 hotel costs 124.80 dinners for chllaren 1744.35 a/school club for 23124 980.1 bbq food 3930.08 3010.21 113.74 73.46 190 100 700 380.93 687.34 124.8 1744.35 980.1 5293.37 1363.29 409).63 1080.42
202212023 202112022 Non Current Assets Current Assets Cash in Bank 9,837.39 4,666.34 Less Current Llabilltles Net Assets 9,837.39 4,666.34 Equlty: Reserves 9,837.39 4,666.34