2021-10-31-accounts

			Pages
Trustees' Annual Report			2to3
Independent Examiner's	Report
Statement of Financial Activities
Summary Income and Expenditure		Account
Balance Sheet
Statement ofCash flows
Notes to the Accounts			9to 17
Detailed Statement of Financial Activities			18to 20

for the year	ended 31Octobe	r 2021
			Unrestncted	Restricted
			funds	funds	Total funds	Total funds
			2021	2021	2021	2020
		Notes	E	f	f
Income and	endowments
from:
Donations	and legacies		119,611		119,611	156,836
Charitable	activities		122,351		122,351	93,020
Other trading activities			258,235		258,235	171,667
Other			4		4
Total			500,201		500,201	421,523
Expenditure	on:
Raising funds		8	3,550		3,550	2,996
Charitable	activities	9	8,919		8,919	6,827
Other		10	495,933		495,933	366,380
Total			508,402		508,402	376,203
Net gains on	investments
Net (expenditure)/income			(8,201)		(8,201)	45,320
Transfers between funds			17,773	(9.499)	8,274
Net income	before other
gains/(losses)			9,572	(9,499)	73	45,320
Other gains	and losses
Net movement in funds			9,572	(9,499)	73	45,320
Reconciliation offunds:
Total funds brought forward			106,366	9,499	115,865	70,545
Total funds carried forward			115,938		115,938	115,865

				2021	2020
				E	E
Income				500,201	421,523
Gross income for		the year		500,201	421,523
Expenditure				507,075	374,487
Depreciation	and	charges	for
impairment	offixed assets			1,327	1,716
Total expenditure		for the	year	508,402	376,203
Net (expenditure)/income			before tax
for the year				(8,201)	45,320
Net (expenditure		)/income for the year		(8,201)	45,320

at 31October 2	021	021	021
Company No.	06716163			Notes	2021	2020
					E	E
Fixed assets
Tangible assets				13	3,301	4,299
					3,301	4,299
Current assets
Debtors				14	308,792	277,261
Cash at bank	and		in hand		26,844	70,971
					335,636	348,232
Creditors: Amount		falling due within one year		15	(176,548)	(236,666)
Net current assets					159,088	111,566
Total assets less	current liabilities				162,389	115,865
Creditors: Amounts			falling due after more than one year	16	(46,451)
Net assets excluding			pension asset or liability		115,938	115,865
Totalnet assets					115,938	115,865
The funds ofthe	charity
Restricted funds				17
Restricted income funds						9,499
						9,499
Unrestricted funds				17
Generalfunds					115,938	106,366
					115,938	106,366
Reserves				17
Total funds					115,938	115,865

				2021	2020
				E	E
Cash flows from operating	activities
Net income per Statement	of Financial Activities			73	45,320
Adjustments for:
Depreciation of property, plant and equipment				1,327	1,716
Dividends, interest and	rents from investments			(4)
Increase in trade and other receivables				(31,531)	(18,144)
Decrease in trade and other payables				(8,319)	(7,938)
Net cash (used in)/provided	by operating	activities		(38,454)	20,954
Cash flows from investing	activities
Payments for property,	plant and equipment			(329)
Dividends, interest and	rents from investments			4
Net cash used in investing	activities			(325)
Cash flows from financing	activities
Repayment of borrowings				(3,549)	47,500
Net cash (used in)/from financing activities				(3,549)	47,500
Net (decrease)/increase in	cash and cash equivalents			(42,328)	68,454
Cash and cash equivalents	at the beginning		ofthe year	70,971	2,517
Cash and cash equivalents	at the end ofthe		year	28,643	70,971
Components ofcash and cash equivalents
Cash and bank balances				26,844	70,971
				26,844	70,971

Republic o	f Ireland (FRS 102)and the Companies Act 2006.	f Ireland (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 of investment assets at their market values.
Restricted	funds	These are available for use subject to restrictions imposed		by the donor or		through
		terms of an 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 ofgrants, 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 of any 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 of investments.
investment	assets

3	Statemen	t	of Financial	Activities - prior year
					Unrestricted	Restricted
					funds	funds	Total funds
					2020	2020	2020
						f	E
Income and endowments				from:
	Donations		and legacies		136,398	20,438	156,836
	Charitable		activities		93,020		93,020
	Other trading activities				171,667		171,667
Total					401,085	20,438	421,523
Expenditure		on:
	Raising funds				2,996		2,996
	Charitable		activities		6,827		6,827
	Other				355,441	10,939	366,380
Total					365,264	10,939	376,203
Net	income				35,821	9,499	45,320
Net income before other gains/(losses)					35,821	9,499	45,320
Other gains and losses:
Net	movement		in funds		35,821	9,499	45,320
Reconciliation			offunds:
Total funds brought forward					70,545		70,545
Total funds carried forward					106,366	9,499	115,865
4	Income from donations			and legacies
					Unrestricted	Total	Total
						2021	2020
	Donation				119,611	119,611	136,398
	Grant						20,438
					119,611	119,611	156,836

5	Income from		charitable act	ivities
					Unrestricted	Tota I	Total
						2021	2020
	Fundra ising events				15,437	15,437	3,010
	Job retention		Scheme		106,914	106,914	90,010
					122,351	122,351	93,020
6	Income from		other trading	activities
					Unrestricted	Total	Total
						2021	2020
	Fees receivables				252,381	252,381	164,397
	Summer school fees				5,854	5,854	7,270
					258,235	258,235	171,667
7	Other income
					Unrestricted	Total	Total
						2021	2020
	Other income
8	Expenditure		on raising funds
					Unrestricted	Total	Total
						2021	2020
	Fundraising	trading costs
	Fees receivables				3,550	3,550	2,996
					3,550	3,550	2,996
9	Expenditure		on charitable	activities
					Unrestricted	Total	Total
						2021	2020
	Expenditure	on charitable
	activi ties
	Grants made				5,400	5,400	1,000
	Governance	costs
	Insurance				1,555	1,555	3,142
	Telephone				305	305	883
	Bank charges		and Interest		159	159	302
	Independent		examiner fee		1,500	1,500	1,500
					8,919	8,919	6,827

Not	es tothe Accounts
10	Other expenditure
						Unrestricted		Restricted		Total	Total
										2021	2020
	Catering cost						34,209			34,209	26,189
	Tuition fees						3,191			3,191	900
	Fees and subscription						7,498			7,498	4,359
	UK entertainment										1,069
	Employee costs						268,018			268,018	251,072
	Motor and travel costs						2,167			2,167	8,261
	Premises costs						87,650			87,650	47,213
	Amortisation, depreciation,
	impairment, profit/loss		on				1,327			1,327	1,716
	disposal offixed assets
	General administrative		costs				89,581			89,581	14,397
	Legal and professional		costs				2,292			2,292	11,204
							493,933			495,933	366,380
11	Net (expenditure)/income			before transfers
								2021			2020
	This is stated after charging:								f		f
	Depreciation ofowned		fixed assets					1,327			1,716
12	Staff costs
								2021			2020
	Salaries and wages							258,795			240,989
	Social security costs							7,475			8,141
	Pension costs							1,748			1,942
								268,018			251,072
	No employee received		emoluments		in excess	off60,000.
	The average monthly	number offull time equivalent					employees	during the	year	was as follows:
								2021			2020
								Number			Number
	Teaching and administrative							20			18
								20			18

13	Tangible fixed	a	ssets
				Motor	Fixtures, fitti
				vehicle	ng and	Total
					equipment
	Cost or revaluation
	At 1November		2020	14,500	97,932	112,432
	Additions				329	329
	At 31October	2021		14,500	98,261	112,761
	Depreciation	and
	impairment
	At 1November		2020	11,911	96,222	108,133
	Depreciation	charge for the		647	680	1,327
	year
	At 31October	2021		12,558	96,902	109,460
	Net book values
	At 31October	2021		1,942	1,359	3,301
	At 31October	2020		2,589	1,710	4,299
14	Debtors
				2021		2020
				E		E
	Trade debtors			305,694		276,711
	Prepayments	and accrued income		3,098		550
				308,792		277,261
15	Creditors:
	amounts falling		due within one year
				2021		2020
				f		f
	Otherloans			114,012		164,012
	Other taxes and		social security	38,441		21,893
	Other creditors			18,095		42,962
	Accruals			6,000		7,799
				176,548		236,666
16	Creditors:
	amounts falling		due after more than one year
				2021		2020
				E		E
	Bank loans and		overdrafts	46,451
				46,451

						Incoming
						resources			At 31
							Resources	Gross
			At 1 November			(including other	expended	transfers	October 2021
				2020	gains/losses)
						E
Restricted	funds:
Restricted	income funds:
British Council Grant			9,499					(9,499)
Total			9,499					(9,499)
Unrestricted		funds:
Generalfunds			106,366			500,201	(508,402)	17,773	115,938
Total funds			115,865			500,201	(508,402)	8,274	115,938
Purposes	and	restrictions	in relation to	the funds:
Restricted	funds:
British Council Grant			Learning,	Teaching		And Training

18	Analysis ofne	t assets between funds
					Unrestricted
						Total
					funds
					E	E
	Fixed assets				3,301	3,301
	Net current assets				159,088	159,088
	Creditors due provisions	in more than one year and			(46,451)	(46,451)
					115,938	115,938
19	Reconciliation	of net debt
			At	1		At 31
			November			October
			2020		Cash flows	2021
				E	E	E
	Cash and cash	equivalents	70,971		(44,127)	26,844
			70,971		(44,127)	26,844
	Borrowings		(164,012)		50,000	(114,012)
	Bank loans				(46,451)	(46,451)
			(164,012)		3,549	(160,463)
	Net debt		(93,041)		(40,578)	(133,619)

	Annual co	mmitments under non-cancellable	operating leases are	as follows:
			2021	2021	2020	2020
			Land and	Other	Land and	Other
			buildings		buildings
			f		f
	Operating	leases with expiry date;
	Pension commitments
				2021		2020
				f		f
	The pension cost charge to the company
	amounted	to:		1,748		1,942
21	Related party disclosures
	Controlling	party

for the year ended 3	1Oct	ober 2021
			Unrestricte	Restricted
			d funds	funds	Total funds	Total funds
			2021	2021	2021	2020
			f	E	f	E
Income and endowments		from:
Donations and legacies
Donation			119,611		119,611	136,398
Grant						20,438
			119,611		119,611	156,836
Charitable activities
Fundra ising events			15,437		15,437	3,010
Job retention Scheme			106,914		106,914	90,010
			122,351		122,351	93,020
Other trading activities
Fees receivables			252,381		252,381	164,397
Summer school fees			5;854		5,854	7,270
			258,235		258,235	171,667
Other
Otherincome
Total income and endowments			500,201		500,201	421,523
Expenditure on:
Costs of other trading	activities
Fees receivables			3,550		3,550	2,996
			3,550		3,550	2,996
Total ofexpenditure	on raising		3,550		3,550	2,996
funds
Charitable activities
Grants made			5,400		5,400	1,000
			5,400		5,400	1,000
Governance costs
Insurance			1,555		1,555	3,142
Telephone			305		305	883
Bank charges and Interest			159		159	302
Independent examiner fee			1,500		1,500	1,500
			3,519		3,519	5,827
Total ofexpenditure activities	on charitable		8,919		8,919	6,827
Other expenditure
Catering cost			34,209		34,209	26,189
Tuition fees			3,191		3,191	900
Fees and subscription			7,498		7,498	4,359

Detailed Statement of	Fi	nancial Activities
UK entertainment					1,069
			44,898	44,898	32,517
Employee costs
Salaries/wages			258,795	258,795	240,989
Employer's NIC			7,475	7,475	8,141
Pension costs			1,748	1,748	1,942
			268,018	268,018	251,072
Motor and travel costs
Vehicles - General costs					1,615
Travel and subsistence			2,167	2,167	6,646
			2,167	2,167	8,261
Premises costs
Rent			33,389	33389	23861
Rates			19,915	19,915	4,350
Light, heat and power			11,969	11,969	7,701
Premises cleaning			1,427	1,427	785
Premises repairs and maintenance			20,950	20,950	10,516
			87,650	87,650	47,213
General administrative		costs,
including depreciation	and
amortisation
Depreciation of Motor		vehicle	647	647	863
Depreciation of Fixtures, fitting			680	680	853
and equipment
Bad debts			54,913	54,913
Bank charges			335	335
Equipment expensed			3,258	3,258
Equipment repairs and					737
maintenance
Information and publications			15,305	15,305	3,204
Postage and couriers			11,717	11,717
Software, ITsupport	and related				1,206
costs
Stationery and printing					7,309
Sundry expenses			4,053	4,053	1,941
			90,908	90,908	16,113
Legal and professional	costs
Accountancy and bookkeeping			1,500	1,500	4,500
Other legal and professional			792	792	6,704
costs
			2,292	2,292	11,204
Total ofexpenditure ofother costs			495,933	495,933	366,380
Total expenditure			508,402	508,402	376,203
Net gains on investments

Net (expenditure)/income	(8,201)		(8,201)	45,320
Transfers between funds	17,773	(9,499)	8,274
Net income before other gains/(losses)	9,572	(9,499)	73	45,320
Other Gains
Net movement in funds	9,572	(9,499)	73	45,320
Reconciliation offunds:
Total funds brought forward	106,366	9,499	115,865	70,545
Total funds carried forward	115,938		115,938	115,865