Charity registration number 108571 PARENTS AND FRIENDS OF RATHORE SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2024 PARENTS AND FRIENDS OF RATHORE SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Trustses Caroline Currie Anne McElmeel Ann Mccann Philomena Feehan Olive Donnan Emma McHugh Michael Shiels Margaret Mcshane Lisa Keenan Jacqueline Carroll Gavin Smith Colin Boyle Anthony Keelan Pauline Kearney Resigned 7110125 Resigned 15110124 Secretary Emma McHugh Appointed 15110124 Treasurer Ann Mccann Gavin Smyth Resigned 7110125 Appointed 7110125 Chairperson Michael Shiels (Acting Chair} Anne McElmeel Resigned 15110124 Appointed 15110124 Charity number 108571 Independent examiner Phelan & Prescott Chartered Accountants River House Newry Co. Down BT34 2DL Bankers Danske Bank 58 Hill Street Newry Co.Down Northern Ireland BT34 1AR PARENTS AND FRIENDS OF RATHORE SCHOOL CONTENTS Page Trustees, report Independent examiner's report Statement of financial activitr'es Balance sheet Notes to the financial statements 7-12 PARENTS AND FRIENDS OF RATHORE SCHOOL TRUSTEES, REPORT FOR THE PERIOD ENDED 30 JUNE 2024 The trustees present their annual report and financial statements for the year ended 30 June 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act (Northern Ireland) 2008 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" (effective 1 January 20191. Objectives and activities Rathore School is based in Newry, Co. Down, Northern Ireland. We currently have 220 pupils with profound and severe learning difficulties. Pupils have a diverse and complex range of needs and diagnosis such as autism, ADHD, complex medical needs, physical needs and behavioral needs. The Parents and Friends, Associalion of Rathore School consists of a group of approximately 8 parents of Current and previous pupils of Rathore School. The Association acts mainly as a fundraising committee with a view to supporting and supplementing the activities of the school. We aim to identify areas where we could assist in helping our children reach their full learning and social potential. We became a registered charity with the Charity Commission for Northern Ireland on 12 April 2022. The initial focus of the charity was to create a sensory room which would provide a safe, fun learning environment where each pupil can aim to reach their highest potential in life through the use of cobur and play In line with our mission to be able to offer all pupils leaming and teaching opportunities, relaxation sessions and sensory led activities, we would also hope to upgrade an outside area into a sensory garden. This would involve painting outdoor fencing and walls in bright colours with murals to engage the children whilst learning in an outdoor space which we believe will create a safe and relaxing environment. We believe this facility would assisl in". Improving sensory tolerance in different environments Being included i n social activities by being visible in the community Developing friendships with other young people and building social ne￿orkS Gaining new skills and having a positive impact on mental health and increasing self-esteem. In addition to the above areas, one of our goals was to provide a school minibus which would facilitate us in integrating the children into local society. Public benefit The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance Sigiiificant activities and achievements againsl objectives During the period we achieved one of our goals which was to create a Sensory Room. This was a significant acquisition and enabled us to provide the children with a safe, fun learning environment. This would not have been possible without the charity as direct school funding was not available. We continued to try and generate local support where possible through various fundraising initiatives. PARENTS AND FRIENDS OF RATHORE SCHOOL TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2024 Financial review During the year the charity generated £45,000 in income through donations, organising various fundraising events and grant income. The majority of the funds raised are considered to be Unrestricted Funds. It is the policy of the association that funds which have not been designated for a specific project or use should be maintained and recognised as unrestricted funds. The Members continuously review and monitor the level of reserves to ensure that they are able to continue to carry out the aims and objectives of Ihe association in line with it's constitution and remain focused in terms of considering ways in which additional funds may be raised. At the end of the financial period the charity has £194,000 in funds available and continues to generate a surplus post year end and is therefore well placed to continue with it's charitable activities. Going concem The Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. In our assessment of going concern, we have considered the future of the charity and believe there is no threat to the ongoing operations. On this basis, we continue to believe it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to be￿een three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been rnaintained throughout the Period. structure, governance and management The charity is a company limited by guarantee and has a constitution as its governing document. The trustees who served during the Period and up to the date of signature of the financial statements were.. Caroline Currie Anne McElmeel Ann Mccann Philomena Feehan Olive Donnan Emma McHugh Michael Shiels Kerrie Keenan Margaret Mcshane Lisa O'Loughlin Jacqueline Carroll Gavin Smih Colin Boyle Anthony Keelan Pauline Kearney PARENTS AND FRIENDS OF RATHORE SCHOOL TRUSTEES, REPORT {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2024 Recruitment and appointment of tmstees None of the trustees has any beneficial interest in the organisation. The Board continually appeal lo other parents and the public who may be interested in joining the charity as a volunteer or trustee. Major Risks The Iruslees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the rnajor risks. The trustees. report was approved by the Board of Trustees. Anne McElmeel Gavin Smyth Trustee Trustee Caroline Currie Trustee Emma McHugh Trustee S December 2025 PARENTS AND FRIENDS OF RATHORE SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PARENTS AND FRIENDS OF RATHORE SCHOOL I report to the trustees on my examination of the financial statements of Parents and Friends of Rathore School (the charity} for the Period ended 30 June 2024. Responsibilities and basis of report As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2008 (the Charities Act). It is my responsibility to-. examine the accounts under section 65 of the Charities Act. follow the procedures laid down in the general Directions given by the Commission under section 65(9} Ibl of the Charities Act. state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charsties Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. 1. That accounting records were not kept in accordance with section 63 of the Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters {1) to 14} listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. John Doherty FCA For and on behalf of.. Phelan & Prescott Chartered Accountants & Statutory Auditors River House Newry Co. Down BT34 2DL Northern Ireland 5 December 2025 PARENTS AND FRIENDS OF RATHORE SCHOOL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 30 JUNE 2024 UnrestriGted Restricted Total Unrestricted Restricted Total funds funds funds funds 2024 2024 2024 2023 2023 2023 Notes Income from: Donations and legacies 45,062 45,062 40,768 2,520 43,288 Total income 45,062 45.062 40,768 2,520 43,288 Expenditure on: Raising funds Charitable activities 8,652 9,288 1.143 8.652 9.288 1,143 10,581 4,551 246 10.581 4,551 246 Other expenditure Total expenditure 19,083 19,083 15,378 15,378 Net income 25,979 25,979 25.390 2,520 27,910 Transfers between funds 2,520 {2,520} Other recognised gains and losses.. Other gains 168,040 168,040 140.130 140,130 Net movement in funds 194,019 194,019 168,040 168.040 Reconciliation of funds: Fund balances at 168,040 168,040 01 July 2023 Fund balances at 194,019 194,019 168,040 168,040 30 June 2024 The statement of financial activities includes all gains and losses recognised in the Period. All income and expenditure derive from continuing aclivilies. PARENTS AND FRIENDS OF RATHORE SCHOOL BALANCE SHEET ASA T30 JUNE2024 2024 2023 Notes Notes Fixed assets Tangible assets 178,437 72,885 Current assets Cash at bank and in hand 15,582 95,155 Net current assets 15,582 95,155 Totsl assets less current liabilities 194,019 168,040 Net assets excluding pension liability 194,019 168,040 The funds of the charity Unrestricted funds 194.019 168,040 194.019 168.040 The financial statements were approved by the trustees on 5 December 2025 Anne McElmeel Trustee Gavin Smyth Trustee i4oQL . Emma McHugh Trustee Caroline Currie Trustee PARENTS AND FRIENDS OF RATHORE SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2024 Accounting policies Charity infomBtion Parents and Friends of Rathore School meets the definition of a public benefit entity under FRS 102. 1.1 Reporting period The reporting period is for the year ended 30 June 2024. 1.2 Accounting convention The financial statements have been prepared in accordance with the charity's constitution, the Charities Act (Northern Ireland) 2008, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 1021 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recornmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. Charitable status was obtained on 12 April 2022. The financial statements report on all activity post charitable status being granted. The financial statements have departed from the Charilies (Accounts and Reports) Regulalions 2008 only lo the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which 15 referred to in the Regulations but which has since been wtthdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.3 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.4 Charitable funds Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or granters as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. PARENTS AND FRIENDS OF RATHORE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2024 Accounting policies (Continued) 1.5 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the amount5 can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity ha5 been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relalion to donations received under Gift Aid or deeds of covenant is recognised al the lime of the donation. Legacies are recognised on receipt or othetwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingerlt asset. 1.6 Expenditure Expenditure is recognised once there 15 a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is cSassified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.7 Tangible fixed assets Tangible fixed assets are initially measured at cosl and subsequently measured al cost or valuation, net of depreciation and any impairment losses. The financial statements have been prepared under the Receipts and Payments basis and therefore depreciation is not recognised. Motor vehicles Fixtures & Fittings NIA NIA The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the cost of the asset, and is recognised in the statement of financial activities. 1.8 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss {if any}. PARENTS AND FRIENDS OF RATHORE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2024 Accounting policies {Continued} 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, olher short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Taxation The organisation is a registered Charity and the charitable tax exemptions are therefore being claimed to the extent that income andlor gains are applicable and applied to charitable purposes only. These exemptions will remain in place as long as income and expenditure is applied to charitable puiposes only. Critical accounting estin13tes and jUdg￿nts In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other Sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future penods. IncoThE from donations and legacies Unrestricted Restricted Total Unrestricted Restricted funds Totsl funds funds funds 2024 2024 2024 2023 2023 2023 Donations and gifts Grants received 45,062 45,062 39,643 2.520 42,163 1,125 1,125 45,062 45,062 40,768 2.250 43,288 PARENTS AND FRIENDS OF RATHORE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2024 4 Expenditure on raising funds Unrestricted funds Unrestricted funds 2024 2023 Fundraising and publicity Advertising 760 850 Trading Costs Merchandise 1,260 2,729 5,742 9,731 Event Decorations Tickets, Hampers and Bucket Collections 4,244 3,648 7,892 Total costs 8,652 10,581 5 Expenditure on charitable activities Unrestricted Unrestricted funds funds 2024 2023 Charitable expenditure Motor Vehicle Insurance Charitable expenditure - Repairs and Mainlence 7.010 2,278 3,011 1.540 9.288 4.551 Analysis by fund 9,288 4,551 6 Trustees None of the trustees lor any persons connected with them) received any remuneration or benefits from the charity during the Period. 10- PARENTS AND FRIENDS OF RATHORE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2024 7 Other Expenditure Unrestricted funds Unrestricted funds 2024 2023 Bank Fees 139 Repairs and Maintenance General Expenses 78 90 959 17 1,143 246 8 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 9 Tangible fixed assets Motor Vehicles Sensory Room Totsl Cost Additions 72,885 72,885 105,552 178,437 105,552 105,552 72,885 Carrying Amount At 30 June 2024 72,885 72,885 105,552 378,437 At 30 June 2023 72,885 PARENTS AND FRIENDS OF RATHORE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2024 10 Unrestricted funds Parents and Friends, Association of Rathore School is an organisation that began fundraising in 2019. Charitable status was obtained on 12 April 2022. Prior to being granted charitable status, the organisation had generated £140,130 in unrestricted funds. The unrestricted funds of the charity comprise the unexpended balances of donations and granls which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 July 2023 Incoming resources Resources expended Transfers At30 June 2024 General funds 168,040 45,062 {19.083) 194,019 11 Related party transactions There were no disclosable related party transactions during the year ( - none). 12 Capital Commitment At the balance sheet date the charity is committed to funding the fit-out of a sensory room at Rathore School at a cost of approximately £100k. This is not accounted for in a designated fund. 13 Contingent Liabilities There exists a contingent liability to repay, in part or in full, grants received if certain circumstances, as set out on grant Letters of Offer, occur following receipt of grants. 12-