ST RONAN'S COLLEGE FOUNDATION COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT IINCORPORATING THE DIRECTOR'S REPORT YEAR ENDED 31 MARCH 2024 The trustees, who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. REFERENCE AND ADMINISTRATIVE DETAILS Roglsterod charlty name Sl Ronan's College Foundation Charlty regi$tratlon number Company roglstratlon number N1683577 Princlpal office and registered St Ronan's College offi¢è Francis st&t Lurgan Co.Armagh BT66 6DL United lfjngdom 108560 THE TRUSTEES Mr C Loughran Mr P McAliskey Ms M Mclntyre Independent examlnor Mr Peter Gogarty 23 Chur¢h Place, Lurgan, Co. Armagh. N. Ireland BT66 6EY STRUCTURE, GOVERNANCE AND MANAGEMENT Sl Ronan'$ College Foundation was incorporated under the Companies Act 2006 as a private company limited by guarantee on 4th November 2021. St Ronan's College Foundation was registered as a charity by the Charity Commission of Northern Ireland in February 2022. Three trustees were appointed to manage the Foundation and fulfil the roles of chairperson, s#retary, and treasurer. In accordance with the Constitution the trustees must retire at the AGM and being eligible, offer themselves for re-election.
ST RONAN'S COLLEGE FOUNDATION COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (contlnued) YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES St Ronan's College Foundation has been established for the advancement of education amongst the wider St Ronan's College community and its pupils, by providing and assisting in the provision of facilities and Services lo meet educational, developmental, and other charffable needs. so that they can achieve their full potential. The Foundation made several applications lo charitable trusts and businesses seeking support for a range of facilities vthich would enhance the facilities available to the St Ronan's College community. STRATEGIC REPORT The following sections for achievements and perfomiance and financial review form the strategic report of the charity. ACHIEVEIAENTS AND PERFORMANCE The Foundation Trustees were delighted to receive several donations from individuals 8nd organisations in support of the charity's aims. The Foundation developed links wrth and introduced new business partners to the school, some of which have become involved in and committed to current and planned pupil development programmes. FINANCIAL REVIEW During the financial year the Foundation raised £20,48312023.'£106,3331 and incurred expenditure of £2,847 (2023..£11,107). At the end of the financial year the Foundation had assets of £119,91412023.'£98,678) and liabilitie$ of £3,60012023.£3,5541.
ST RONAN'S COLLEGE FOUNDATION COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) (contlnu•d) YEAR ENDED 31 MARCH 2024 The tfUStees' annual report and the strategic report were approved on 21Bt January 2025 and signed on behalf of the board of trustees by.. Colin Loughran P81rick McAli$key Mr C Loughran Director Mr P McAliskey Director Marianne Mclntyre Ms M Mclntyre 01CtOr