Primary School Educational Trust 108757 Annual Report & Statement of Accounts For the perlod ended 31 March 2024 CCNI: 00196016
Pond Park Primary School Educational Trust Annual Report for the year l April 2023 to 31 March 2024. Purpose of the Charity The Pond Park Educational Trust was established in 1985 "to provide educational benefit5 for the pupils of Pond Park Primary School" The 'benefits' were perceived, in general terms, as being extra items which would enhance the resources of the school. Over the years many items have been provided and these have substantially enriched the educational experience of all pupils. In recent years there has been significant and much publicised activity in the area of Educational Reform. Leaving aside the merits and demerits of this activity, one outcome of government policy has been an increasing shortfall between what schools would wish to spend on resources for pupils and the money avallable to them. Under the common formula for funding Local Management of Schools all children do not attract the Same per capita amount. Due to the nature of the school's catchment, Pond Park Primary School pupi15 attract less than the EA average. Income for the Pond Park Educational Trust has been generated by parents makin8 dSrect donatlons through an annual appeal, We intend to purchase resources on an ongoing basls for the dlrect beneflt of pupils. An annual minlmum donation of £35 per chlld or £50 per famlly, when added to 8overnment fundin& would assist us in building up and maintaining a stock of play resource5, reading book5, rnathematics books, ICT resources, rnU5ical resources, etc, and would help maintain the renowned high standard of education within the school. All contributions to the Educational Trust are voluntary and totally reliant on parental goodwill. All monies donated will be spent directly on resources for all of the children in the school. Donations will be on an annual basls. Any donations above the quoted figure of £35 per child/£50 per family per annum will be gratefully received by the Trustees.
POND PARK EDUCATIONAL TRUST SCHOOL YEAR 2023 2024 A total of £21,945 was received via parental donations in the 2023124 year. In the past year we spent £12,000 leasing iPads which are shared across school and also replenishing class literacy resources. This yearfs donations (202412025) will continue to finance the leasing of iPads and also be used to update outdoor play equipment. Money has been retained in the account with the intention that it will fund a new Nurture Classroom for school. Governance Trustees during thls Reportlng Period Rev Andrew Thompson Mrs Valerie MacKay Miss Jenna Patterson Mr Eric Mccleery Spendlnq Wlth the funds ralsed, we were able to fund the leasing of IPads. How the thurfty has ensured that any private beneflt hus been Incldentul to the public beneAIt We confirm the trustees have had regard to the Charity Commission's guldance on publlc benefit. Statement of complionce wlth the duty to have regard to the Commission's guidance In setting our objective5 for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance to ensure that the parental contributions have helped to achieve the charitws purposes and provide a benefit to the beneficiaries.
Financlal overview The Educational Trust does not have any other assets or liabilities other than one bank account held in its name. We opened the period of account on l April 2023 with cash in the bank of £13,691.27. Income for the year totalled £27,246.42 and expenditure for the year totalled £12,000, leaving cash In the bank of £28,937.69 at the close of the period on 31 March 2024. Statement of thonks to the volunteers and supporters thmuqhout the 2023/24 year The Chair of Pond Park Educational Trust would like to thank all those who supports our fundraising through voluntary donations.
Inde endent Examlner's re ort to the chari Trustees of Pond Park Educational Trust I report on the accounts of the Trust forthe year ended 31 March 2024 which are set out on the next page. Respectlve responsiblllties of charlty trustee5 and examlner As the charity's tru5tee5 you are re5ponslble for the preparation of the accounts In accordance with the Charities Act (Northern Ireland) 2008. It is my responsiblllty to: Examine the accounts under section 65 of the Charitles Act Follaw the procedures laid down in the general Direction glven by the Commlssion under sectlon 6519llbl of the Charities Act State whether matters have come to my attentlon. Basis of Independent examlnerfs report I have examlned your charlty accounts as requlred under sectlon 65 of the Charltles Act and my examlnatlon was carrled out In accordance wlth the general dlrectlons glven by the Charlty Commlsslon for Northern Ireland under sectlon 6519)Ib) of the Charlties Act. My examlnation Included a revlew of the accountlng records kept by the charity and a comparlson of the accounts presented with those records. It a150 Included conslderation of any unusual Items or dlsclosures in the account5, and seeking explanatlons from you as charity trustees concernlng any such matters, My role is to State whether any materlal matters have come to my attentlon glvlng me cause to belleve: l. That accountlng records were not kept In accordance with sectlon 63 of the Charitles Act 2. That the account5 do not accoid wlth those accounting records 3, That the accounts do not comply with the accounting requlrement5 of the Charltles Att 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examlnerfs rtatement I have completed my examlnation and have no concerns in respect of the matters 111 to {4) Ilsted above and, in connertlon wlth following the directions of the Charity Commission for Northern Ireland. I have found no matters that require drawlng your attention to, Name SYEftt- PJ, T I cfts01 bL&h P Relevant Profe5slonal Body Address Date clo ecto0 Qok ,1Mrt SCHo4L LJ P¢0 P.4Ak fto USel
Pond Park Educatlonal Trust Financial Statement l April 2023 to 31 March 2024 Opening Balance as at 1.4.23: £13,691.27 Income: Expenditure: Contributions: £21.945.00 To: Pond Park School Fund alc to fund leasing of iPads: Grants: £5.000.00 £12,000 Interest: £301.42 Total Income.. £27,246.42 Total Expendlture.. £12,000 Closing Balance as at 31.03.24: £28,937.69 Other Assets: None Other Liabilities: None Approved by the trustees on 28 January 2025 and signed on thelr behalf by: E Mccleery J Patterson Trustee Trustee