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2024-03-31-annual-return

CardinalTomás Ó Fiaich Memorial Library
Incomeand ExpenditureAccount
for12 months ended 31 March2024
& Archive Trust
Notes 2024 2023
Income £
Subvention Income 20,000 20,000
Donations 13,700 13,050
DFC 20,000 20,000
Departmentof Foreign Afairs Grant- O Fiaich ConfictArchive
£57,075Awarded - Prior year€26,000
31,075 26,000
HLF Grant 17,513
Sales & Services 2 4366 2,402
89,141 98,965
Expenditure
Salaries 60,740 49,321
Book Fund 20 49
Premises Expenses 3 10,666 18,426
Administration 4 12,235 12,810
Events 4,468 1,033
Travel 695 481
Grant Costs 2,346 13,313
91,170 95,433
(Defcit/Surplusbefore adjustment fordepreciation -2028 3,531

Cardinal Tomás Ó Fiaich Memorial Library
Balance Sheet
at31st March2024
& Archive Trust
Notes 2024 2023
Fixed Assets 5 2,655,000 2,655,000
Current Assets
BankAccounts (including DepositAccount) 6,533 60,149
Debtors and prepayments 6 18,679 2,518
25,212 62,667
Current Liabilities
Accruals- Light &Heat -1,154 -1,154
HMRC-PAYE -1221
Departmentof Foreign Afairs Grant- O Fiaich ConfictArchive
£57,075Awarded - Prior year €26,000utilised
0.00 -31,075
Insurance 0.00 -5573
-2,375 -37,802
Net Current Assets 24,058 24,865
Total Assets less Current Liabilities 2677,837 2,679,865
ReservesBroughtForward 2,679,865 2,676,334
Gain/Deficit -2028 3,531
Accumulated Reserves 2,677,837 2,679,865

2.Sales andServices 2024 2023
Room hire 4314 1588
Genealogy 34 200
Book sales 18 614
4366 2402
3. Premises expenses 2024 2023
Heating oil 5184 7038
Electricity 2481 5974
Security 1578 2468
Repairs & maintenance 1423 2946
10666 18426
4. Administration 2024 2023
Insurance 5640 5573
Postage, stationary 396 1360
General expenses 2917 3958
Bank charges & interest 112 100
Professional fees
Website,&Internet 3170 1819
12235 12810
5. Fixed assets 2024 2023
Buildings 2,005,000 2,005,000
Books & Periodicals 500,000 500,000
Ofce Equipment 150,000 150,000
2,655,000 2,655,000
6.Debtors andprepayment 2024 2023
GiftAidAccrued 2,518 2518
Room Hire Due 1161
DFCGrantDelayed 15,000
18,679 2518