| Pages | ||
|---|---|---|
| Trustees' Annual Report |
2to3 | |
| Independent Examiner's Report |
||
| Statement of Financial Activities | ||
| Summary Income and Expenditure |
Account | |
| Balance Sheet | ||
| Notes to the Accounts | Bto 13 | |
| Detailed Statement of Financial Activities | 14to 15 |
| for the year | ende | d 31October | 2022 | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| 2022 | 2022 | 2021 | ||||
| Notes | E | f | f | |||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and | legacies | 50,000 | 50,000 | 40,000 | |
| Investments | 102,220 | 102,220 | 96,550 | |||
| Total | 152,220 | 152,220 | 136,550 | |||
| Expenditure | on: | |||||
| Charitable | activities | 22,035 | 22,035 | 12,363 | ||
| Other | 89,358 | 89,358 | 121,681 | |||
| Total | 111,393 | 111,393 | 134,044 | |||
| Net (losses)/gains on investments |
(12,533) | (12,533) | 18,418 | |||
| Net Income | 28,294 | 28,294 | 20,924 | |||
| Transfers between funds | ||||||
| Net income | before other | 28,294 | 28,294 | 20,924 | ||
| gains/(losses) | ||||||
| Other gains | and | losses | ||||
| Net movement | in funds | 28,294 | 28,294 | 20,924 | ||
| Reconciliation offunds: | ||||||
| Total funds brought forward |
1,216,901 | 1,216,901 | 1,195,977 | |||
| Total funds carried forward | 1,245,195 | 1,245,195 | 1,216,901 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | E | ||
| Income | 50,000 | 40,000 | |
| Net (losses)/gains on investments |
(12,533) | 18,418 | |
| Interest and | investment income |
102,220 | 96,550 |
| Gross income for the year | 139,687 | 154,968 | |
| Expenditure | 79,932 | 102,583 | |
| Depreciation | and charges for | ||
| impairment | offixed assets | 31,461 | 31,461 |
| Total expenditure forthe year |
111,393 | 134,044 | |
| Net income | before tax for the year | 28,294 | 20,924 |
| Net income | for the year | 28,294 | 20,924 |
| at 31October 2 | 022 | 022 | 022 | |||
|---|---|---|---|---|---|---|
| Company No. |
02813517 | Notes | 2022 | 2021 | ||
| 6 | g | |||||
| Fixed assets | ||||||
| Tangible assets | 9 | 934,865 | 966,326 | |||
| Investments | 10 | 70,282 | 82,815 | |||
| 1,005,147 | 1,049,141 | |||||
| Current assets | ||||||
| Debtors | 11 | 23,000 | 23,000 | |||
| Cash at bank | and | in hand | 217,326 | 145,038 | ||
| 240,326 | 168,038 | |||||
| Creditors: Amount | falling due within one year | 12 | (278) | (278) | ||
| Net current assets | 240,048 | 167,760 | ||||
| Total assets less | current liabilities | 1,245,195 | 1,216,901 | |||
| Net assets excluding | pension asset or liability | 1,245,195 | 1,216,901 | |||
| Total net assets | 1,245,195 | 1,216,901 | ||||
| The funds ofthe | charity | |||||
| Restricted funds | 13 | |||||
| Unrestricted funds |
13 | |||||
| General funds | 1,245,195 | 1,216,901 | ||||
| 1,245,195 | 1,216,901 | |||||
| Reserves | 13 | |||||
| Totalfunds | 1,245,195 | 1,216,901 |
| Republic ofIreland (FRS 102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
Republic ofIreland (FRS 102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
Republic ofIreland (FRS 102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
Republic ofIreland (FRS 102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
Republic ofIreland (FRS 102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
Republic ofIreland (FRS 102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
|||
|---|---|---|---|---|---|---|---|---|
| There has been no change to the accounting policies (valuation rules and method ofaccounting) |
since | |||||||
| last year and no changes have been made to accounts for previous years. |
||||||||
| Fund accounting | ||||||||
| Unrestricted funds |
These are available for use at the discretion ofthe trustees in furtherance |
of | the | |||||
| general objects ofthe charity. | ||||||||
| Designated funds |
These are unrestricted funds earmarked by the trustees |
for particular purposes. |
||||||
| Revaluation funds |
These are unrestricted funds which include a revaluation |
reserve representing | the | |||||
| restatement ofinvestment assets at their market values. |
||||||||
| Restricted funds | These are available for use subject to restrictions imposed |
by the donor | or | through | ||||
| terms ofan appeal. | ||||||||
| Income | ||||||||
| Recognition of | Income is included in the Statement of Financial Activities |
(SoFA) when the | charity | |||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the | amount of | |||||
| the income can be measured with sufficient reliability. |
||||||||
| Income with related | Where income has related expenditure the income and |
related expenditure | is | |||||
| expenditure | reported gross in the SoFA. |
|||||||
| Donations and |
Voluntary income received by way of grants, donations |
and gifts is included | in | the | ||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | ||||||
| entitlement to the income. |
||||||||
| Tax reclaims on | Income from tax reclaims is included in the SoFA at the |
same time as the | ||||||
| donations and gifts |
gift/donation to which it relates. |
|||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
|||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | |||||
| material. | ||||||||
| Volunteer help |
The value ofany volunteer help received is not included |
in the accounts. | ||||||
| Investment income |
This is included in the accounts when receivable. |
|||||||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
value | ||||||
| revaluation offixed |
at the end ofthe year. | |||||||
| assets | ||||||||
| Gains/(losses) on |
This includes any gain or loss on the sale ofinvestments. | |||||||
| investment assets |
| s to the Acc | s to the Acc | ounts | ||||||
|---|---|---|---|---|---|---|---|---|
| Expenditure | ||||||||
| Recognition | of | Expenditure is recognised on an accruals |
basis. Expenditure includes |
any VAT which | ||||
| expenditure | cannot be fully recovered, and is reported |
as part ofthe expenditure | to which it |
|||||
| relates. | ||||||||
| Expenditure | on | These comprise the costs associated with |
attracting | voluntary | income, fundraising | |||
| raising funds | trading costs and investment management |
costs. | ||||||
| Expenditure | on | These comprise the costs incurred by the |
Charity in |
the delivery ofits | activities and | |||
| charitable | activities | services in the furtherance ofits objects, |
including | the making | of | grants and | ||
| governance costs. |
||||||||
| Grants payable | All grant expenditure is accounted for on |
an actual | paid basis | plus | an | accrual for | ||
| grants that have been approved by the trustees at the end of |
the | year but not yet | ||||||
| pa Id. | ||||||||
| Governance | costs | These include those costs associated with |
meeting | the constitutional | and statutory | |||
| requirements ofthe Charity, including any audit/independent |
examination fees, |
|||||||
| costs linked to the strategic management | ofthe Charity, together | with a share of | ||||||
| other administration costs. |
||||||||
| Other expenditure | These are support costs not allocated to a particular | activity. |