# **Trustees’ Report and financial statements for year ended 30[th] June 2025** Trustees’ Report 2024/2025 1 ## **Contents** ## 1.Legal and Administrative Details - 2.Trustees’ Report - 3.Statement of Trustees’ responsibilities for the financial report - 4.Statement of Financial Activities Trustees’ - 5.Independent Examiner’s Report Trustees’ Report 2024/2025 2 ## **1. Legal and Administrative Details** ## **Trustees** **Name of Trustees** Ms Karen Smyth (Chairperson) Mrs Lisa McKeown (Hon. Treasurer) Mrs Collenn Tunney (Principal) **Charity name** St Anthony's Primary School Parent Teacher Association **Other names Charity is known by** St Anthony’s Primary School PTA **Charity number** 109038 **Charity’s principal address** St Anthony’s Primary School 43 Fairway Larne BT40 2BG The Trustees were co-opted by the PTA committee. They will hold their position until they stand down or are requested to stand down. Trustees’ Report 2024/2025 3 ## **’ 2. Trustee s Report** ## **For the year ended 30th June 2025** The Trustees present their report and the financial statements for the year ended 30[th] June 2025. In preparing the financial statements for the charity the Trustees have adopted the disclosures required by The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 issued by the Charity Commission for Northern Ireland in 2016. The financial statements comply with the Charities Act (Northern Ireland) 2008. ## **Structure, Governance and Management** Members of the PTA are parents/guardians of children attending the school, friends, teachers and all ancillary staff. The management of the Association is vested in a committee. The committee consists of the Chairperson, Vice Chairperson, Honorary Treasurer and Honorary Secretary together with other members. The officers and the committee are elected annually at the Annual General Meeting held not later than 31st October each year. ## **Aims and Objectives** The goal of the Association is to advance the education of the pupils in the school. In furtherance of this goal the Association may: - A. develop more extended relationships between the staff, parents and others associated with the school: - B. engage in activities which support the school and advance the education of the pupils who attend it; - C. provide and assist in the provision of such facilities or items for education at the school (not provided from statutory funds) as the committee in consultation with the Governing Body shall from time to time determine; and - D. facilitate the above by organising social, educational and fund-raising activities Trustees’ Report 2024/2025 4 ## **Achievements and Performance** This year we have continued to raise funds to further the educational opportunities for the children. We ran many of the “old favourites" again such as the Halloween Disco, Christmas Grotto and a Bingo Night. Our main fund-raising events this year was our Christmas Raffle and our Bingo Night held in the school. It was great to see our assembly hall packed out with lots of families and friends of the school. We hope this support continues in the following years! We are a small but dedicated team. For the PTA to continue to raise its financial target year on year we need willing helpers-and lots of them! We are always seeking enthusiastic people with fresh ideas. All this fundraising would not be possible without support from our committee members. Donations from the PTA this year were: - P1 gifts - P7 Leaver’s Hoodies - Classroom supplies donations (£100 per classroom) - Grinch Visit - Sensory Room Upgrades - Easter Egg Hunt - Bouncy Castle hire for sponsored bounce in aid of Trocaire - End of Year Treat - Awards Day Balloon Arch Karen Smyth ## **Chair of Trustees** Trustees’ Report 2024/2025 5 ## **’ 3. Statement of Trustees Responsibilities for the Financial Statements** The Trustees are required to prepare financial statements for each financial period which give a true and fair view of the state of affairs as at the end of the financial period and of the income and expenditure of the Charity for that period. In preparing the financial statements the Trustees are required to: - ensure compliance with the Charity’s governing documents and current statutory requirements; - select suitable accounting policies and apply them consistently - make judgements and estimates that are reasonable and prudent; and - prepare the financial statements on a going concern basis unless this inappropriate. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Trustees’ Report 2024/2025 6 ## **4. Statement of Financial Activities** **(Including an Income and Expenditure Account and Balance Sheet)** **For the year ended 30[th] June 2025** ## **Fundraising Activities** The PTA’s principal income stream is the income made from running social events for the parents and children of St Anthony’s School. The PTA has no investments other than cash at bank. We budget to donate all of our profit to St Anthony’s Primary School, and the funds held in reserve are modest and are required for funding the events we run. The Trustees have therefore considered it prudent that funds should be retained as cash and held in a bank account at the best rate of interest available. ## **Financial Review** The accounts contained in this report have been prepared in accordance with Statement of Recommended Practice: Accounting for Charities (SORP, 2006) and with relevant companies and charities legislation and regulations. The receipts and payments method has been adopted in the preparation of the financial statements. The Statement of Financial Activities shows our gross income from all sources and how this income was expended. Given the continuing difficult economic climate, this year the PTA decided to run fewer events and to concentrate on those which benefit from the most active support of the parents. The year to 30th June 2024 ended with a surplus after donations of £1,106.41. The PTA Committee has decided to maintain the same strategy for the 2024-25 period, a reflection of the fact that many are suffering from a reduction in disposable income caused by the cost of living crisis. Our working reserves are £2,633.53. ## **Income and Expenditure** Total income for 2024/25 was £2,865.30. Our expenditure was £2,153.92. All expenditure was incurred on the activities undertaken to generate funds and our donations to school activities. All PTA officers and members give their time freely and so no funds have been expended on governance of the charity. We are not required to submit our accounts for external audit. Instead, Trustees’ Report 2024/2025 7 the accounts are currently being independently reviewed by a PTA member, Mrs Elaine Stewart of Ulster University, who has also generously offered her time to us at no charge. A breakdown of income and expenditure is provided in the summary of accounts below. ## **Balance Sheet** The balance sheet included in the accounts shows the healthy financial position of the charity on 30 June 2025. Total net assets at the year-end were £3,344.91, made up of all cash. The PTA’s financial position remains strong and the charity is well placed to meet its current commitments. Lisa McKeown Hon Treasurer ## **Summary of Accounts** Trustees’ Report 2024/2025 8 Trustees’ Report 2024/2025 9 ## **’ 5. Independent Examiner s Report** I report on the accounts for the year ended 30[th] June 2025. ## **Respective responsibilities of trustees and examiner** As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. 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)(b) 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 Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) 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 (4) 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. Name: Mrs Elaine Stewart Relevant professional qualification or body: Senior Lecturer Accounting. Address: 1 The Woods Corner, Larne, BT40 1FN Date: 1[st] November 2025 Trustees’ Report 2024/2025 10