Registration number N1626526 Charity number: NIC 101660 Pobal MhuileaDn an tsiain (Company limited by guarantee) Dlrectors, report and flnanelal statements for the year ended 31 March 2023
Pobal Mhuileann an tsiain Company limited by guarantee Contents Page Information Directors, report Independent Examiners Report Statement of Financial Activities Balance sheet Notes to the financial stateinents 8-11
Pobal Mhuileann an tsiain Company limited by guarantee Company informatlon Directors Risteard MacDaibheid Oilibhear MacTaidgh Antaine O'Fearghail Maire Ui Pheatain Mlcheai O Haoiain Secretary Maire Ui Pheatain Cliarity number NIC 102427 N100484 Company number N1626526 Register¢d office l Daisy Park Sion Mills Strabane BT82 9QD Accountants McGroaty Mccafferty & Company Ltd Accountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Business address l Daisy Park Sion Mills Strabane BT82 9QD Bankers Bank Of Ireland 27 Culmore Road Derry BT48 8JB Page I
Pobal Mhuileann an tsiain Company limited by guarantee Directors, report for the year ended 31 March 2023 Tlie directors present their report and the financial statements of the company for the year ended 31 March 2023. Directors The directors who served the company during the year are as follows: Risteard MacDaiblieid Oilibhear MacTaidgh Ml¢hael O Haoiain Antaine O'Fearghail Maire Ui Pheatain Our Objective and Aims To promote educational achievements through the medium of the Irish language and to run an extensive programme of Irish classes catering for all levels of proficiency, to organise cultural events including local festivals, music events and dramas in Irish and to encourage participation from both sides of the Community and from a ivide range of ethnic and class backgrounds. Public Benefit The direct benefits flowing from the objective and aims include people attaining educational achievements through the medium of the Irish language. The charity also carries out interviews to assess suitability for bursary grants on behalf of Omagh District Council. provide GCSE, AS and A2 level Irish language courses for students. provide classes for parents of those children attending Irish medium schools. organising trips for adults to the Irish Gaeltacht region. free podcasts providing introductory lessons in the Irish language on the websit¢ easyirisli.com' organisiiig cultural events such as local festivals including parti¢ipating in the local annual St. Patrick's Day Parade, musical events and dramas in Irish. Financlal Rovlew The financial review is summarised in the enclosed accounts. Plans for Futuro Periods Our future plans are to continue to promote educational achievement through the medium of Irish and to continue to organi5e cultural events. Structure, Governance and MADagemeDt Governxn Document The organisation is a charitable company limited by guarantee, incorporated on 5th September 2014 and registered as a charity on 16th July 2015. The company was established under a Memorandum of Association wliicli establislied the objects and powers of the charitable company and is governed under its Articles or Association. Recruitment and A ointment of the Board of Directors Directors are appointed at the Annual General Meeting and hold office until the next AGM following their appointment. Page 2
Pobal Mhuilcann an tsiain Company limited by guarantee Directors, report for tb¢ year ended 31 March 2023 Obli ations of tho BoArd The main obligation of th¢ Board is to develop and oversee the implementation of policy and to ensure that structures and management comply with legal requirements and good governance practice. Risk Mana emont Tlie directors have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the organisation, and are satisfied that systems are in place to mitigat¢ tlie exposure to tlie major risks. Responsibllities of tbe Board of Directors The directors are responsible for preparing the annual report and the financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires tlie directors to prepare financial stYAtements for each financial year, which give a ture and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing these financial statements, the directors are required to: s¢l¢ct suitabl¢ accounting policies and apply them Consistently; observe methods and principles in the Charities SORP 2019 (FRS 102); make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and expalined in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The directors are responsible for keeping adequate accounting records which disclose with reasonable accruacy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Independent Examlner A resolution to re-appoint McGroarty, Mccafferty & Company Ltd as independent examiners will be proposed at the annual general meeting. This report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. This report is approved an authorised for issue by the board on 28 November 2023 and signed on its behalf by: Director Director Page 3
Pobal Mhuileann an tsiain Company limited by guarantee Independent examiner s report on the UDaudited financial statements to the directors of Pobal Mhuileann an tsiain We report on the accounts of the company for the year ended 31 March 2023, which set out on pages 5-11. Respective responsibilitles of charity dlrectors and examiner. As the charity directors you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied ourselves that the charity is not subject to audit under company law, and is eligible for independent examination, it is our responsibility to. examin¢ tlie accounts under section 65 of the Charities Act 2008; follow the procedures laid down in the general directions given by the Charity Commission for Nortliern Ireland under section 65(9)(b) of the Charities Act 2008. state wliether particular matters have come to our attention. Basls of independent examlner's report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general directions given by the Charity Commission for Nortliern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included a consideration of any unusual iteins or disclosures in the accounts, and seeking explanations from you as charity directors concerning any such matt¢rs. Our role is to state whetlier any material matt¢rs have come to our attention giving us cause to beli¢ve: that accounting records were not k¢pt in accordance with section 386 of the Companies Act 2006. that th¢ accounts do not accord with those accounting record5; that tlie accounts do not comply with the accounting requirements of the Section 396 of the Companies Act 2006 and the methods and principles of the Charities Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelaiid. that there is furtlier inforn)ation needed for proper understanding. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters listed above and, in connection with the following directions of the Charity Commission for Northem Ireland, we have found no matters that require drawing to your attention. Caffe Attountants and Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Date: 28 November 2023 Page 4
Pobal Mhuileann an tsiain Company limited by guarantee Statement of Financial Activitles for the end¢d 31 March 2023 Total Funds 2023 Total Fund5 2022 Unrestrieted Funds Rcstrlcted Funds Income and Expenditure Incoming Rosource5 Incoming resources from charitable activities Total Incoming Resources 12,487 12,487 370 12,487 12,487 370 Resources Expended Management & Administration Total Resources Expended 3,521 3,521 2,859 3,521 3.521 2,859 Net Incoming l (Outgoing) Resources 8,966 8,966 (2,489) Balances brought forward l April 2022 13,143 13,143 15,632 Balances carried forward 31 March 2023 22,109 22,109 13,143 The above amounts relate to continuing operations of the charity. The charity has no recognised gains and losses other than those included in the results above and therefore no separllte statement of total recognised gains and 108ses has been presented. There is no difference between the net incoming r¢sour¢es for the year stated abov¢ and their historical cost equivalents. Page 5
Pobal Mhuileann an tsiain Company limited by guarantee Balance sheet as at 31 Marcb 2023 2023 2022 Notes Current assets Debtors Cash at bank and in hand 11,661 10,928 11,661 1,962 22,589 13,623 Crcdltors: amounts falling due within ono year (480) (480) Net current a55ets 22,109 13,143 Total assets 1¢$$ current IIAbilitie5 22,109 13,143 Net Assets 22,109 13,143 Funds Unrestricted Restricted 22,109 13.143 Funds 22,109 13,143 The notes on pages 8 to 11 fonn an integral part of these financial statements. Page 6
Pobal Mhuileann an tsiain Company limit¢d by guarantee Balance sheet (continued) In approving these financial statements as directors of the company we hereby confirn]; The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with SORP (FRS102). The finuncial statements were approved and authorised for issue by the Board on 28 November 2023 and signed on its behalf by: Director
a c>1j1. Dlrector Reglstration number N1626526 The notes on pages 8 to 11 form an integral part of these financial statements. Page 7
Pobal Mhuileann an tsiain Company limited by guarantee Notes to the fjnancial statements for th¢ year ended 31 March 2023 Genenil Information The company is a private company limited by guarantee, registered in Northern Ireland. The address of the registered office is The Old Clinic, Fanad Drive, Derry. Northern Ireland, BT48 9QE. l.l. Accounting convention Tlie principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. The charity constitutes a public benefit entity as defined by FRSI 02. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act (Northern Ireland) 2008 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019 (SORP 2019) and the Companies Act 2006. Tlie financial statements are prepared on a going concem basis under the historical cost convention, modified to included certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity. Income (i) Grants Grants represents all amounts received and receivable during the year. Capital grants are released to the profit and loss account in the year in which they are received in line with the SORP (FRS102). Revenue grants are credited to tlie Statement of Financial Activities in the year they are received. (ii) Donations & administration income. This comprises amounts received during the year. 1.3. Expenditure (i) Direct Charitable Expenditure This represents all expenditure directly attributable to charitable causes. (li) Management & Administration This includes all other eXpendire not directly allocated above and a portion of the overhead costs attributable to management and administration. Page 8
Pobal Mhuileann an tsiain Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued Unrestricted Rostrlcted Total Income In¢om¢ Funds 2023 2023 Total Funds 2022 2.1 Incomlng Resources 2023 Donations and Fundraising 12,487 12,487 370 12,487 12,487 370 (i) Rostricted Funds Funds received which are earniarked by the Funder for specific purposes. Such purposes are within the overall aims of the orgunisation. (li) Unrestrlcted Funds Funds which are expendable at the discretion of the company in furtherance of the aims of the charity. In addition funds may be lield in order to finance capital investment and working capital. Resources Ei xpended Unrestricted Funds Rcstrlcted Funds Tot91 2023 Total 2022 Management & Administration Programme costs Water rates Insurance Liglit & heat Maintenance Donations Accountancy Bank fees & interest General expenses 462 157 770 721 300 420 480 210 462 157 770 721 300 420 480 210 320 296 746 119 360 300 553 135 30 3,521 3,521 2,859 Tax on profit/(loss) on ordinary activities No charge to tatIOn due as the company has charitable status. Page 9
Pobal Mhuileann an tsiain Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued Debtors 2023 2022 Other debtors 11,661 El,661 Creditors: amounts falling due wlthln onc year 2023 2022 Accruals 480 480 Movements In Funds At At l Aprfl Incoming Outgoing 31 March 2022 resources resources 2023 Restrlcted funds: Restricted funds Unrestrieted funds: Unrestricted funds 13,143 12,487 (3,521) 22,109 Total unrestricted funds 13,143 12,487 (3,521) 22,109 13,143 12,487 (3,521) 22,109 Related party transactions There were no related paty transactions in the year under review. Controlling intorest The controlling interest lies with the board of directors. Company limited by guarantee The company is limited by guarantee and does not have a share capital. Page 10
Pobal Mhuileann an tsiain Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued 10. Post balance sheet events No significant events have taken place since the year end that would result in adjustments to 2023 financial infomiation or inclusion of a note thereto. Page 11