THE IRISH ASSOCIATION FOR CULTURAL ECONOMIC AND SOCIAL RELATIONS
CONSOLIDATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
THE IRISH ASSOCIATION FOR CULTURAL, ECONOMIC & SOCIAL RELATIONS BALANCE SHEET AS AT 31 MARCH 2025
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|---|---|---|---|---|---|
|Sterli|Euro|
|ies|equivalent|
|CURRENT ASSETS|£|7|
|Cash|at Bank|18,153|21,731|
|Debtors|*|:|
|78,153|~ 21,731|
|CURRENT|LIABILITIES|
|Accruals|Note|1|8,569|10,258|
|~~|8,569|10,258_|
|NET ASSETS||9,583|_|me|ce|
|REPRESENTED|BY:|
|ACCUMULATED|FUNDS|
|Balance at 31|March 2024 (per|last accounts)|9,100|10,632|
|Net surplus/(deficit)|for year|710| 844|
|9,810|11,476|
|Exchange|rate movement|(228)|(3)|
|Balance at 31|March 2025|9,583|11473|
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We approve these accounts and confirm we have made available all relevant records and information for their preparation. . ' \ \yQT Acting Treasurer:President: Prof. BrianMr Dermot M Walker O'Doherty Bok mol pPs f *& Yy Date: 15th November 2025 ,
THE IRISH ASSOCIATION FOR CULTURAL, ECONOMIC & SOCIAL RELATIONS INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2025
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|---|---|---|---|---|
|Sterling|Euro|
|equivalent|
|INCOME|£|+31|;|
|Annual|subscriptions|3,213|,|
|Shared|Island|Fund|25,140|29,866|
|Donations|118|140|
|Functions|4,791|5,692|
|Bank interest|20|_—24|
|33,282|39,539|
|EXPENDITURE|
|Shared|Island|Fund|24,815|29,480|
|Functions|4,187|4,974|
|Bookeeping/Administration|1,700|2,020|
|Website|844|1,003|
|Accountancy|600|713|
|Bank fees|60|72|
|Sundry|365|434|
|32,571|—|[38,695]|
|SURPLUS OF INCOME OVER EXPENDITURE|710|et|
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Note 1
Accruals relates to expenditure relating to the year ended 31st March 2025 but physical payment has not been made until after the year-end. The £8,569 is split between Shared Island Fund expenditure (£7,707), Admin ED (£700), Events (£43) and Sundry (£119)
THE IRISH ASSOCIATION FOR CULTURAL, ECONOMIC & SOCIAL RELATIONS INDEPENDENT ACCOUNTANTS REPORT TO THE MEMBERS YEAR ENDED 31 MARCH 2025
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 November 2025