THE IRISH ASSOCIATION FOR CULTURAL ECONOMIC AND SOCIAL RELATIONS
CONSOLIDATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
THE IRISH ASSOCIATION FOR CULTURAL, ECONOMIC & SOCIAL RELATIONS INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2024
| INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2024 |
||
|---|---|---|
| INCOME Annual subscriptions Department of Foreign Affairs; Reconciliation Fund Donations Functions Bank interest EXPENDITURE Department of Foreign Affairs; Reconciliation Fund Functions Bookeeping/Administration Website Accountancy Bank fees/stamp duty Sundry SURPLUS OF INCOME OVER EXPENDITURE |
Sterling £ 2,285 - 1,024 3,613 2 6,924 2,307 4,953 6,246 644 600 88 256 15,094 (8,171) |
Euro equivalent € 2,637 - 1,182 4,171 2 |
| 7,992 | ||
| 2,663 5,717 7,210 743 693 102 296 |
||
| 17,423 | ||
| (9,431) |
Note 1
Deferred Income represents membership paid prior to 31st March 2024 but which relates to 24/25 year.
THE IRISH ASSOCIATION FOR CULTURAL, ECONOMIC & SOCIAL RELATIONS BALANCE SHEET AS AT 31 MARCH 2024
| CURRENT ASSETS Cash at Bank Debtors CURRENT LIABILITIES Deferred Income Note 1 NET ASSETS REPRESENTED BY: ACCUMULATED FUNDS Balance at 31 March 2023 (per last accounts) Net surplus/(deficit) for year Exchange rate movement Balance at 31 March 2024 |
Sterling £ 9,340 - 9,340 240 240 9,100 18,149 (8,171) 9,978 (879) 9,100 |
Euro equivalent € 10,912 - |
|---|---|---|
| 10,912 | ||
| 280 | ||
| 280 | ||
| 10,632 | ||
| 20,591 (9,431) |
||
| 11,160 (528) |
||
| 10,632 |
We approve these accounts and confirm we have made available all relevant records and information for their preparation.
President: Prof. Brian M Walker Acting Treasurer: Mr Dermot O'Doherty Date: 15th June 2024
THE IRISH ASSOCIATION FOR CULTURAL, ECONOMIC & SOCIAL RELATIONS INDEPENDENT ACCOUNTANTS REPORT TO THE MEMBERS YEAR ENDED 31 MARCH 2024
In accordance with the instructions given to us we have prepared the foregoing consolidated Income and Expenditure account and Balance Sheet on the accruals basis from the books and records presented to us.
We confirm that the accounts are in agreement with those books and records.
FITZPATRICK & KEARNEY LTD CHARTERED ACCOUNTANTS NEWRY CO DOWN
15th June 2024