Charlty Number: NIC 101558 Clann Eireann Youth Club Annual Report and Audited Financial Ststements for the financial year ended 30 September 2022 Daly Park & Company Ltd Chartered Accountants and Statutory Auditors 4 Carnegie Street Lurgan Co. Amiagh BT66 SAS Northern Ireland
Clann Eireann Youth Club CONTENTS
| Page | |
|---|---|
| Trustees' and Other Infrmation | 3 |
| Trustees' Report | 4-5 |
| Statement of Trustees' Responsibilities | 6 |
| Independent Auditor's Repor | 7-9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Statement of Cash Flows | 12 |
| Notes to the Financial Statements | 13 - 17 |
2
Clann Eireann Youth Club TRUSTEES, AND OTHER INFORMATION Trustees Mr Niall Fagan Michael Mulh(Aland Dr TJ Lenehan Mr Roy Mcsherry Mr Gary Mccleary Mr Gerry Fegan Mr Desmond Brady Chairperson Donal Mccarthy Charity Number in Northern Ireland NIC 101558 Principal Address 53 Lake Street Lurgan Craigavon Co. Amiagh BT67 9DT Northem IrelaThJ Auditors Daly Park & Company Ltd Chartered Acuntants and Statutory Auditors 4 Carnegie Street Lurgan Co. Amiagh BT66 6AS Northwn IreLand Bankers AIB 18-20 Scotch Street Dungannon Co Tyrone BT70 1AZ Northem IreEand
Clann Eireann Youth Club TRUSTEES, REPORT for Ihe finanoaal yeor ended 30 SeptemiEt 2022 The tnjstees present their Trustees, Report and the audited financial ststements for the financial year ended 30 Septemter 2022. The financial stalements a prepared in arxordance with the Charibes Act {Northem Ireland) 2)8, FRS 102 'The Finanaal Reporting Standard applicab in the UK and Republic of Iland. and A¢unting and Reporting by Charities.. Statemenl of Recommended Pra¢ti¢e applicable lo Chartties preparing their financial statements in accordance with the Financial Reporting Standard applicab in the UK and Republic of Ireland (FRS 102). The Truslee$' Report contains the irrforrnation required to be provided in the Trustees, Annual Report under the Statement of Recommended practi {SORP) gumlelines. The trustees of the company are also charity trustees for the purpose of chanty law and under the companws constitution are known as members of the board of trustees. In this report the trustees of Clann Eireann Youth Club present a summary of ils purpose, governance, activili8S, achievements and finances for the finanaal financial year 30 September 2022. The company is a restered charity and hence the report and results are presented in a form whid) Complies with the requirements of the Charities Act {Northem Ireland) 2(8 and. ahhough not obliged to comply with the Statement of Recommended Practice appli(2ble in the UK and Republic of Ireland FRS 102. the organisalion has implemented its recommendats'ons where relevant in these finanaal statements. Review of Activities, Achievements and Perfomiance Clann Eireann Youth Club was founded in 1954 and continues to seNe our communty in North Lurgan. The charity has a very strong Gael Games ethos with a current membership of over 1.500 and we pride ourselves on the signrficant of sporting and leisure activities we provde for the community.These acltvities indude, but are not limited, to youth club summer stheme. junior club. drama group. extended youth club project. community relations youth club project. handball. gids gaelic football (U8 to Minor). ladies gaelic football. boys gaelic football {U8 to minor). mens gaelic football. Jeet Kune Do club. little dragons club. cycling club. gaelic for mums, netball, golf, couch to 5k, elc. Clann Eireann is heavily reliant on the volunteers who readily and willingly ntinUe to assit with all of these activtties and we would like to express our apweciatron and gratitute to each and every one. Flnanclal Revlew The charity's finanaal results show an dease for the year when compared lo the past number of years with an overall net deficit of approximately £38k for Ihe year. This has mainly been achieved by a significant improvement in the fvndraising efft>rts within the chartty over the past Iwefve months and the tnjstees are pleased to confimi that one of the club's bank loans had been completety repaid in the prior year which attributed to the increase in surplus for this year and will significantly assist and help with the day to day cashflow plans and future requirmenls of the chartly. The trustees are conlinuing lo work on updating their reserves policy. and aim to ueate free unreslricled reseNes of £25.000. This is espeually challenging in the current climate but the trustees are hopeful that this will improve in 2023 and the new Youth Club building will go a long way to inueasing members and helping to raise funds. Results and Dividends At the end of the finanaal year the company has assets of 2.707.377 (2021 2.815.310) and liabilitS of 107.924 {2021- 177.601). The nel assets ol the company have decreased by {38.256). Compliance wtth Sector-ylide Legislation and Standards The company engages pr(>actively with legislation, standards and 0$ which are developed for the sector. Clann Eireann Youth Club subscribes to and is compliant with the following.. The Charities SORP {FRS 102) Public Benefit In setting our objectives and planning our activities for the year the trustees have gwen carefvl consideration to the Charity Commission for Northem Irelands slalLrtory guidance on public benefft to ensure that the activities have helped achieve the charity purposes and provide a benefft to the beneficiaries.
Clann Eireann Youth Club TRUSTEES. REPORT for the finatKial yeai ended 30 Septefflber 2022 Approved by the Board of Trustees on 15 November 2022 and signgd on its behalf by: Donal Mccarthy Chairperson Michael Mulholland Trustee
Clann Eireann Youth Club STATEMENT OF TRUSTEES, RESPONSIBILITIES for the filiala1 year ended 30 September 2022 The trustees a spOnsIble for preparirKJ the financiat statements in ac£ordance with applicab18 law and regulations. The law applicable to tharities in Northem Ireland requires the trustees lo prepare financial statements for each financial year which glve a true and fair view of the assets. liabiltties and finanaal position of the company as at the finarscial year end date and of the surplus or deficit of the company and otherwise comply wf(h the Charities Act (Northem Ireland) 2008. In preparing these finanaai statements, the trustees are required to.. select suitable acLounting policaes and apply them consistently. observe the methods and prinuples in the Charities SORP make judgements and estimates that are reasonable and prudent- state whether the ffinanoal statements have been prepared in accordance with the relevarrt financial reporting framework. identify those standards. and note Ihe effeca and the reasons for any material departure from those stsndards.. and prepare the finanaal statements on the wing conceffl basis unless it is inappropriate to presume that the company will continue in operation. The trustees confimi that they have complied wilh the above requirements in preparing the finanaal ststemenls. The trustees are responsible for keeping adequate aixounting rerdS that are sufficient to show and explain the company's transactions and disclose wf(h reasonable accuracy at any time the financial position of the eompany and enable them to ensure that the financial slatements comply with the Charities Act (Northem Ireland) 2008. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other iTgularItIeS. Approved by the Board of TnBtees on 15 November 2022 and signed on its behalf by: Donal Mccarthy Chairperson Michael Mulholland Trustee
INDEPENDENT AUDITOR'S REPORT to the Members of Clann Eireann Youth Club Report on the audit of tho financial statements Oplnlon We have audited the company finanaal statements of Clann Eireann Youlh Club Clhe compan1} for the financral year ended 30 September 2022 which comprise the Ststement of Finan(ial Activities, the Balar¢ Sheet. the Stalemenl of Cash Flows and notes to the financial statements. including the surnmary of svJnTficanl accounting policies set out in note 2. The financial reporting framework that has been applied in their preparation is applicabi8 law and United Kingdom Accounting Standards. including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and Accounts"ng and Reporting by Charities.. Statemerrt of Recommended Practic appli¢able lo charities preparing their accounts in accordance with FRS 102. In our opinion. when reporting in accordance with a fair presentstion framework Ihe financtal statements.. give a true and fair view of the slate of the company's affairs as at 30 September 2022 and of ils deffcil for the finanaal year then ended- have been propedy prepared in accordance with Uniled Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance wth the requirements of the Charities Act {Northem Ireland) 2008. Basis for opinion We conducted our audit in accordance wrth Intemational Standards on Auditing (UK) (ISAS (UK)) and aFplicable law. Our responsibilib.es under those standards are further described in the Auditols responsibilittes for the audit of the finanoal stalements section of our report. Vve are independent of the company in accordance wilh ethical requirements thal are relevant to our audrt of the finanaal statemenls in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilib'es in accordance with these requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going ¢oncem In auditing the finanaal statements, we have Cuded that the trustees. use of the going con¢em basis of accounting in the preparation of the financial statements is appropriate. Based Ihe work we have performed. we have not identffied any malerial ulertaInlieS relating to events or conditions that. individually or Collectively, may cast SignifinI doubt on the company's ability to continue as a going concern for a period of at least Iwelve months from the date when the finanaal statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with resped lo going concem are described in the levant sectK¢ns of Ihis rep)rt. Other Information The other infomialion comprises the information induded in the annual report other than the financial stslements and our Audf(o¢s Report thereon. The trustees are responsib for the other infomiatson contained within the annual report. Our opinion on the finanaal statements does not cover the other infomiation and, except lo the extent otherwise explicitly stated in our report. we do not express any form of assurance condusion thereon. Our SponsIbl1[ty is to read the other infomialion and. in doing so. consider whether the other infomiation is malerially in¢onsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially rnisslated. If we identify such material inconsistencies or apparent material misslalemenls. we are required lo delemiine whether this 9ives rise lo a material misstalemenl in the financial statements themselves. If. based on the work we have perfom)ed, we conclude that there is a material misstatement of this other infomiation, we are required to report that fa¢X. We have nothing to rewrt in this regard. Opinion on other rnatter prescribed by the Companles Act 2006 In our opinion. based on the work undertaken in the course of Ihe audit.. the information gwen in the Trustees. Report for the financial year for which the financial statements are prepared is consistent with the finanaal statements- and the Trustees, Report has been prepared in accordance with applicable *al requirents.
INDEPENDENT AUDITOR'S REPORT to the Members of Clann Eireann Youth Club Matters on which we are required to report by exception In the light of our knoedge and understanding of the cornpany and ils environment obtained in the course of the audit. we have not identified malerial misststements in the Trustees, Report. We have nothing to report in respect of the following matters where the Charttie$ Ad (Northem Iretand) 2008 requires us to report to you rf, in our opinion.. adequate accounting records have not been kept.. or the financial statements are nol in agreement with the accounting records and retums., or certain disclosures of Iruslees, remuneration specified by law are not made". or the trustees were not entitled to prepare the finanaal statements in accordan wtlh the small companies regime and take advantage of the small companies. exemprtion in preparing the Tnjstees. Annual Report. Responsibilities of trustees for the financial statements As explained more fijlly in the Statement of Trustees, Responsibilities set out on page 6, the trustees are responsible for the preparation of the finanoal statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is ne$sary to enable the preparation of finanaal statemenls that a free from material misstatemen( whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the compan$ abiltty lo continue as a going concern. disdosing. as applicable. matters related to going cAJncefn and using the going COnM basis of accounting unless management erther intends to liquNJale the company or to cease operations. or has no realistic alternatrve bul to do so. Auditorfs responslbillties for the autht of the financial statements Our objectives are to obtain reasonable assurance about whether the finanual ststements as a whole are free from material misstatement. whether due lo fraud or error. and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a hvJh level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstalemenl when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the a9gregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financaal statements. Irregularities. including fraud. are instances of n0nvojmp1ian and regulations. We design procedures in line wth our responsibilities. outlined above. to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are Capab of deleth.ng irregularities. including fraud is detailed below". Further inforniation regarding the scope of our responsibilities as audÉtor As part of an audit in accordance wilh ISA5 {UKI, we exercise profes&onal judgement and m&ntain professional spliCISM thmughout the audit. We also-. Identify and assess the risks of material misstatement of the finanaal statements. whether due to fraud or error, design and perform audit procedures responsive to those risks. and obtain audit eviden that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, inlenkn.onal omissions. misrepregentations. or Ihe override of inlemal control. Obtain an understanding of intemal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressin9 an opinion on the effects"veness of the company's internal control. Evaluate the apwopriateness of accounting poliues used and the reasonableness of accountirg estimates and related disdosures made by trustees. Conclude on the appfopriateness of the trustees, use of the going concem basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists rekled to events or conditions that may cast signffi(2nl doubt on the CoMpanS abiltty to continue as a going concem. If we conchjde that a material uncertainly exists. we are required lo draw attention in our Auditorfs Report to the related disdosures in the financial statements or. rf such disdosures are inadequate. to modify our opinion. Our conclusions are based on the audit evidence obtained up to the dale of our Auditorfs ReFQrt. However. future events or conditions may cause the the company to cease to continue as a going concern. Evaluate the overall presentation. structure and content of ihe finanoal slatements. including the disclosu$, and whether the financial statements represent the underfying transactions and events in a manner that achieves fair presentation.
INDEPENDENT AUDITOR'S REPORT to the Members of Clann Eireann Youth Club We communicate with tse charged wrth govemance regarding. amorwJ other matters. the planned scope and timing of the audit and signfficant audtt findings. induding any Sign[ftnt defictenaes in internal control that we identfy during our audit. The purpose of our audit work and to whom we owe our responsibilities This report is made solely lo the company'$ members, as a body, in ac¢ordan¢e with Chapter 3 of Part 16 of the Companies Act 20(. Our audit work has been undertaken so that we might slate to the company's members those matters we are rewired lo stale to them in an auditorfs rewrt and for no other purpose. To the fullest exlent pemiitted by law. we do not accept or assume responsibility to anyone olher than the company and the company's memb as a bod , for our audr( work. for this rewrt. or for the opinions we have formed. PARK & COMPANY LTD ered Accountants and Statutory Auditors 4 Camegie Street Lurgan Co. Armagh BT66 6AS Northem Ireland 15 November 2022
Clann Eireann Youth Club STATEMENT OF FINANCIAL ACTIVITIES for tha financial yaar 8ndad 30 Soptèmbor 2022 Unrestricted Restricted Funds Funds 2022 Total Unrestricted Restricted Funds Funds 2021 2021 Total 2022 2022 2021 Noles Incoming Resources Voluntary Income Activities for generating funds 28,272 162.761 87,573 115.845 161761 44,274 128,841 128,CK)5 172,279 128,841 Total incoming resources 191.033 87.573 278.606 173.115 128.005 301.120 Resources Expended Charitable activities 238.765 78.097 316,862 154.477 144.699 299.176 Net incomingloutgoing resources before transfers Transfer5 beeen funds (47.732) 9.476 138.256) 18,638 (16.694) 1,944 Net movement in funds for the financial year {47.732) 9.476 {38.2561 18,638 (16,694) Reconciliation of funds Balances brought forward at 1 October 2021 16 2.616,816 20,893 2,637,709 2.598.178 37.587 2,635,765 Balances carried foThYard at 30 September 2022 2,569,084 30.369 2.599.453 2.616,816 20.893 2,637,709 The Slalement of Financial Activities includes all gains and losses recognised in the finanaal yeaT. All income and expenditure relate to continuing activities. The notes on pages 13 to 17 form part of the th8ncA81 slalements 10
Clann Eireann Youth Club BALANCE SHEET as at 30 September 2022 2022 2021 Notes Fixed Assets Tangible assets 10 2,664,318 2,749,973 Current Assets Stocks Debt¢XS Cash at bank and in haTr 11 12 50 37.732 27.555 32,250 10,759 43.059 65.337 Creditors: Amounts falling due within one year 13 1107.924) (177,601) Net Current Liabilities (fA,865 (112,264) Total Assets less Current Uabilltles 2,599,453 2,637,709 Funds Restricted trusl funds Unrestricted designated funds General fund {unreslricted} 30,369 1,953,427 615,657 20.893 2.033.292 583.524 Totsl funds 16 2,599,453 2.637.709 Approved by the Board of Trustees and authorised for issue on 15 November 2022 and slgned on its behalf by Donal Mccarthy Chairperson Michael Mulholland Trustee The [ts$ on pa98s 13 to 17 form part of the fnancial statements 11
Clann Eireann Youth Club STATEMENT OF CASH FLOWS for the financAal year ended 30 S¢ptemb¢r 2022 2022 2021 Notes Cash flows from operatsng a¢Uvitles Net movemenl in ftAnds Adjustments for= Depreciation Amortisalion of capital grants reNed (38.256) 93,550 98.697 {59,352) 55,294 41,289 Movements in working cawtsl: Movement in debtors Movement in creditors 5.482 (25.007) (33,351) (30.534) Cash generated from operations 35.769 (22,5961 Cash flows from investing activities Payments lo acquire tangible assets (7,8951 {44.274) Net Increase in cash and cash equlvalents Cash and cash equivalents at 1 October 2021 27,874 124.355) (66.870) 42,515 Cash and rAsh equivalerrts at 30 September 2022 18 3.519 (24,355)
Clann Eireann Youth Club NOTES TO THE FINANCIAL STATEMENTS for Ihe finanGio1 year ¢nd¢d 30 September 2022 GENERAL INFORMATION Clann Eireann Youth Club is a charrty incorporated in Northem Ireland. The registered office of the company is 53 Lake Street. Lurgan. Co. Amiagh. BT67 9DT. Northem Ireland which is also the prinapal place of business of the company The ffinanctal slateffents have been presented in O vthich is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounts.ng wlicies have been apled consistently in dealing wth items which are considered rnaterral in relation to the tharity's financial staternents. Basis of preparation The financial statements have been prepared on fhe going concern basis under the historical cost convention. modified to include certain items at fair value. The financial statements have been prepared in acLordance with the Slatement of Recommended Practi (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard appIlble in the UK and Republic of Ireland FRS 10T. As pemiitted by the Companies Act 2CKE. the c*)mpany has varied the stsndaid fomiats in that acl for the Statement of Finanaal Activities and the Balance Sheet. Departures from the standard formats are lo comply with the requirements of the Charrties SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. statement of compliance The finaniial statements of the company for the finanaal year ended 31 Dernber 2017 have been prepared on the going concem basis and in accordance wilh Ihe Slalement of Recommended Practice ISORPI 'Accounting and Reporting by Charities preparing their accounts in accordance wlh the Financial Reporting Stsndaid applicable in the UK and Republic of Ireland FRS 102". In¢orning Resources Voluntary income or capital is included in the Statement of Financial Activiknes when the company is Segally entiued lo it. its financial value can be quantrfied with reasonable certainty and there is reasonable certainly of its ullimate reip1_ Entitlernent to legacies is considered established when the company has been notified of a dislribub'on lo be made by the executors. Income received in advance of due perfom)ance under a contrad is accounted for as deferred income until eamed. Grants for activities are recognised as income when the related conditions for legal entitlement have been met. All other income is accounted for on an accruals basis. Resources Expended All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants. support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-staff costs not attributed to one category of activity are allocated or apportioned pro-rata to the slaffing of the relevant servi. Finance, HR, IT and administralive staff costs a directly attributable to individual activttres by objective. Govemants costs are those associated with eonstitulional and statlrtory requirements. Tangible fixed assets and depreciation Tangible red assets are slated at cosl or al valuati¢Jn, less accumulated depreciation. The Gharge to depreoation is calculated to write off the original cosl or valuation of tsngible fixed assets, less their estimated residual value. over thar expected useful lives as follows.. Land and buildings freehold Fixtures, fittings and equipment 4Q/o Reducing Balance 25¥0 Reducing Balance Debtors Debtors are iecognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the company from government agencies and other Cfunders, but not yet reNed at year end, is induded in deblors. Cash at bank and in hand Cash al bank and in hand comprises cash on dewsit at banks requirng less than the months notice of withdrawal. 13
Clann Eireann Youth Club NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 30 September 2022 Taxation and deferred taxation No current or deferred taxation arises as the cornpany has been granted tharitable exemption. Irrecoverable valued added lax is expensed as incued. INCOME DONATIONS AND LEGACIES Unrestricted Restri¢ted Funds Funds 2022 2021 Grants Received 28,272 87.573 115.845 172.279 OTHER TRADING ACTIVITIES Unrestrlcted Restricted Funds Funds 2022 2021 Youth Club & GAA Incfjme 162,761 162,761 128,841 EXPENDITURE CHARITABLE ACTMTIES Direct Other Costs Support Costs 2022 2021 Charitable Expenditure 316.862 316.862 299,176 SUPPORT COSTS Charitable Activities 2022 2021 EA- IT Capaoty EA- Period Poverty EA- Core EA - Fresh Start Youth Club Expenses GA4 Expenses Depreciation EA - Neighbourhood Renewal Other Grant Funding 11,740 557 65,81XI 11.740 557 65.800 10,294 93.065 18,380 (1,068) 56,848 98,697 715 22.245 5.092 139.123 93,550 5.092 139,123 93,550 1,000 1.000 316.862 316,882 299,176 ANALYSIS OF SUPPORT COSTS 2022 2021 EA - IT Capactty EA- Period Poverty EA- Core EA- F$h Start Youth Club Expenses GAA Expenses Deprec?alion EA - Neighbourhood Renewal Other Grant Funding 11,740 557 65,800 10.294 93,065 18.380 (1,C68) 56.848 98,697 715 22.245 5.092 164.956 93.550 1.000 342,695 299,176 14
Clann Eireann Youth Club NOTES TO THE FINANCIAL STATEMENTS contsThJed for the financt81 year ended 30 Sèpt¢mb¢r 2022 NET INCOMING RESOURCES 2022 2021 Net Incoming Resources are stated after charglngl{credittng): Depre¢ialion of langible assets Auditorfs remuneration: audit seNices Amortisation of grants receivable 93,550 98.697 4,174 3,843 159,352) INVESTMENT AND OTHER INCOME 2022 2021 Amortisation of capital grants reiVed 59,352 EMPLOYEES AND REMUNERATION The staff costs comprise: 2022 2021 Wages and salaries Pension costs 36.188 1,292 84.082 6,228 37.480 90.310 GRANTS 2022 2021 Movement on outstanding ac>JuèJ grant ccmmitments forthe financial year. Commitments brought ford 20,925 30,601 10. TANGIBLE FIXED ASss Lar and Fixtures, buildings fittings and freehold equipment Total Cost At 1 October 2021 Additions 3,243,905 5.547 60,027 3.303.932 7,895 At 30 September 2022 3,249,452 62,375 3,311,827 Depreciation Al 1 October 2021 Charge for the finanaal year 516.444 87.334 37.515 6,216 553,959 93.550 At 30 September 2022 603,778 43.731 647.509 Net book value At 30 September 2022 2.645.674 18.644 2,664,318 At 30 September 2021 2,727,461 22,512 2.749,973 11. STOCKS 2022 2021 Stock (non trading) 50 15
Clann Eireann Youth Club NOTES TO THE FINANCIAL STATEMENTS continued for the ffinanc4al year ¢nd¢d 30 Scptcmbcr 2022 12. DEBTORS 2022 2021 Other debtors Prepayments and accrued incon 15,688 16,562 32,732 5,0(J) 32,250 37,732 13. CREDITORS Amounts falling due within one year 2022 2021 Bank overdrafts Trade credÉtors Taxation and social security costs (Note 14) Other creditors AccNals and deferred income 7.240 3.827 184 73,248 23.425 51.910 9.123 83,619 32,801 107,924 177,601 14. TAXATION AND SOCIAL SECURI 2022 2021 Creditors: PAYE I NI 184 148 15. RESERVES 2022 2021 At 1 October 2021 {DefKit)ISurplus for the financial year 2.637.709 138.2561 2.635.765 At 30 September 2022 2.599.453 2.637.709 16. FUNDS 16.1 RECONCIUATION OF MOVEMENT IN FUNDS Unrestrl¢ted Restrlcted Funds Funds Total Funds At 1 October 2020 Movement during the finanoal year 2,598.178 18.638 37.587 {16.6941 2.635.765 At 30 September 2021 Movement during the finanaal year 2.616.816 {47,732) 20.893 9,476 2.637,709 (38.256) AI 30 Seplernber 2022 2.569.084 30.369 2,599,453
Clann Eireann Youth Club NOTES TO THE FINANCIAL STATEMENTS continued for tha finanoal yaar 8ndad 30 Sèpternbgr 2022 16.2 ANALYSIS OF MOVEMENTS ON FUNDS Balaftce 1 October 2021 Income Expenditure Transfers Balance between 30 September funds 2022 Restricted funds Education Authority Other Grants 9.285 11.608 87,573 78,097 18,761 11.608 20.893 87.573 78.097 30,369 Unrestricted funds Capital General 2.033.292 583.524 5.547 186.025 85.412 153.892 1.953.427 615.657 2.616.816 191,572 {239.304) 2.569.084 Total funds 2,637,709 279,14S 317,401 2,599,453 17. RELATED PARTY TRANSACTIONS The trustees consider Clann Ei(eann Social Club lo be a related party. During the course of the year an amount of £20,856 was reiVed from the social dub. no monies are owed at the year end. 18. CASH AND CASH EQUIVALENTS 2022 2021 Cash and bank balances Bank overdrafts 10.759 {7.2401 27.555 151.910} 3.519 {24.355) 17