ST RONAN'S COLLEGE FOUNDATION COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT (INCORPORATING 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 Registered charity name St Ronan's College Foundation Charity registratlon number Company registration number N1683577 Principal office and registered St Ronan's College office Francis Street Lurgan Co.Armagh BT66 6DL United Kingdom 108560 THE TRUSTEES Mr C Loughran Mr P McAliskey Ms M Mclntyre Independent examiner Mr Peter Gogarty 23 Church Place, Lurgan, Co. Armagh. N. Ireland BT66 6EY STRUCTURE, GOVERNANCE AND MANAGEMENT st Ronan's 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, secretary, 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) {contlnuodJ 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 to meet educational, developmentsl, and other charitable needs, so that they can achieve their full potential. The Foundation made several applications to charitable trusts and businesses seeking support for a range of facilities which would enhance the facilities available to the St Ronan's College community. STRATEGIC REPORT The following sections for achievements and performance and financial review form the strategic report of the charity. ACHIEVEMENTS AND PERFORMANCE The Foundation Trustees were delighted to receive several donations from individuals and organisations in support of the charity's aims. The Foundation developed links with 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 £20,483 (2023..£106,333) and incurred expenditure of £2,847 (2023".£11,107). At the end of the financial year the Foundation had assets of £119,914 (2023:£98,678) and liabilities of £3,600 {2023:£3,554)
ST RONAN'S COLLEGE FOUNDATION COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) {contlnuedJ YEAR ENDED 31 MARCH 2024 The trustees, annual report and the strategic report were approved on 21st January 2025 and signed on behalf of the board of trustees by.. Colin Loughran Palrick McAliskey Mr C Loughran Director Mr P McAliskey Director Marianne Mclntyre Ms M Mclntyre Director