Creavery Parent Teacher Associaton
Financial Report
For end of Year August 2024
1.0 Charity Commission
Creavery Parent Teacher Association was officially registered with the Charity Commission for Northern Ireland on the 17[th] August 2021.
PTA members are now Trustees and therefore have responsibilities associated with this role. All members should sign the constitution and provide their details in order to ensure the charity commission can be updated with the details of trustees.
2.0 HRMC registered for Gift Aid
The PTA is registered under HMRC as a charity, and it can apply for Gift Aid. Two years gift Aid claims are reflected in this year’s accounts.
3.0 Financial Review
The income and expenditure for the year are attached below. These will require an independent examination before being uploaded to the Charity Commission website.
4.0 Going Concern
The Trustees have discussed the financial viability for the PTA for the year ahead and continue to look for new ways to raise funds going forward. It is anticipated that the PTA income levels will continue to improve during 2024/25 as the PTA continue to fundraise. Trustees are satisfied that there are adequate funds in place to ensure that the PTA can continue its activities, and the financial statements for the year 31[st] August 2024 can be signed off as a going concern .
Creavery PTA
Income and Expenditure
Account year ended 31[st] August 2024
| 2023/24 | 2022/23 | Diference | Comment | ||||||
|---|---|---|---|---|---|---|---|---|---|
| INCOME | |||||||||
| Breakfast with Santa |
£893.45 | ||||||||
| School Fees | £345.00 | £527.14 | -£182.14 | ||||||
| School Calender |
£105.00 | ||||||||
| Mothers day Tea |
£703.00 | £832.34 | -£129.34 | ||||||
| Sell of desk | £40.00 | ||||||||
| Clothes recycle | £241.37 | ||||||||
| Donaton | £20.00 | ||||||||
| Games Night | £157.00 | ||||||||
| Afer school club |
£241.00 | ||||||||
| Colour run | £1512.60 | ||||||||
| Enkalon grant | £500.00 | ||||||||
| Gif Aid £541.05 |
£541.05 | ||||||||
| Computers refund |
£4214.00 | ||||||||
| TOTAL INCOME |
£9513.47 | £9384.00 |
| 2023/24 | 2022/23 | Diference | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| EXPENDITURE | ||||||||
| Equip for classroom |
£120.43 | |||||||
| Afer School club |
£240.00 | |||||||
| Actve Kids | £720.00 | |||||||
| School bus | £280.00 | |||||||
| Santa breakfast | £600.00 | |||||||
| Gifs | £43.32 | |||||||
| Supplies | £92.05 | |||||||
| Calenders | £81.98 | |||||||
| Food/Drink | £99.39 | |||||||
| Coach hire | £280.00 | |||||||
| Afernoon tea | £475.00 | |||||||
| Gifs | £29.50 | |||||||
| Easter | £110.18 | |||||||
| Colour run | £330.00 | |||||||
| Pollinator | £165.90 | |||||||
| Rugby tots | £1080.00 | |||||||
| Transport | £120.00 | |||||||
| Food/Drink | £57.82 | |||||||
| Gifs | £40.00 | |||||||
| Bank Fees | £50.56 | |||||||
| Computers | £4020.00 |
| Parentkind | £109.00 | ||||
| TOTAL | £9145.13 | £5293.37 | |||
| NET INCOME & EXPENDITURE |
£368.34 | £4090.63 | |||
| 2022/2023 £ NON CURRENT ASSETS CURRENT ASSETS Cash in Bank 9,837.39 Less Current Liabilites - Net Assets9,837.39 Equity - Reserves9,837.39 |
2023/2024 £ 10,205.73 - 10,205.73 - 10,205.73 |