REGISTERED COMPANY NUMBER: N1610196 (Northern Ireland) REGISTERED CHARITY NUMBER: 102825 ort f the T te an Unaudited Financial Statements f r the Year Ended 31 Decem er2 24 Conradh n Gaeil e Boirche lochtar E M Sheehan Limited Chartered Certified Accountants TIA E M Sheehan & Co 30A Greencastle Street Kilkeel Co. Down BT34 4BH
Conradh na Gaeil e Boirch ochtar Contents of the Finaneial Statements nded 31 December 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10 to 19 Detailed Statement of Financial Aetivitles 20 to 22
Conradh na Gaeil e Boirche I chtar Re ort ofthe Trustees for the ar 31 December 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordanc¢ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and alms We are a voluntary organisation based in the Mournes, County Down, whose aims is to promote the Irish language as well as public awareness, knowledge and understanding of all of the cultural and linguistic heritages of Ireland. Our organisation is established to advance education, reconciliation and training for the benefit of the general public in South Down and its environs. It is an Irish language, cross-community group which aims to promote the usage of and learning of Irish locally to all communities. We engage with the community by organising events and we aim to forge deep links with all the local community in the wider Kilkeel area as well as with local schools. Our activities, whilst focusing on the Irish language community are run on a bilingual basis and aim to attract the widest possible participation and interest, thus having a wider public benefit to the community in the area. ACHIEVEMENT AND PERFORMANCE Charltable aetivities We have year on year improved and increased the activities we have to offer in order to target all age groups,backgrounds,interests and demands of the community. Some of the events organised throughout the year include but not limited to: Lectures and talks - Community events, Afterschool activities (art, craft, play time), and Youth clubs and sch¢m¢s across the community, Two week promotion of the Irish language and Cultures ' Seachtain na Gaeilge" Adult night classes and intensive language courses. - Library and Youth Club - Parent and Toddler Group Seasonal fun-days for families and young people ctc. We hope to maintain and add to the above list in the coming year in order to extend the services provided to our catchment area of learners and Irish speakers. Page I
Conradh na il e Boirche loehtar Re ort of the Trustees for the Year Ended 31 December 2024 ACHIEVEMENT AND PERFORMANCE Fundraising activities CnaG Boirche Iochtar runs and holds a number of events and programmcs throughout the year to target both young people and adults who are interested in the Irish language. This is done through a number of different methods, including but not limited to. Language Classes - Fun Days, Workshops Online Shop Language Courses Parent Groups - Summer Schemes etc. Internal and external factors Our objectives could only have been achieved by securing a centre to facilitate. run and organise the charitable activities developing the Irish Language in the Mourne are With funding received from the Irish Language Investment Fund and other bodies we were able to secure a base. Our centre, 'pairc na Mara, is now recognised as a cultural and social enterprise hub for all the community. The building allows for different groups and projects to take place, allowing us to provide employment for people which would otherwise be unavailable. FINANCIAL REVIEW Financial position We currently operate within tight financial constraints and depend on the time and efforts of our voluntttrs, committee and development officer to meet our aims. We are grant aided from the following: Foras Na Gaeilge - Ne Moume Down District Council - Education Authority - Community foundation - Daera - other smaller grants gained from other orgainisations The events we run are generally free or have a minimum charge to attend. Any funds raised through events assist with covering the ever rising running costs of the cenlre. Page 2
Conradh na Gaeil e B ir ort of the Truste f r the Year Ended 31 December 2024 FUTURE PLANS pairc na Mara, is the base for Cnao Boirche Iochtsr and comprise of a community centre where we hold our activities. We intend to further develop the facilities we have in order to extend our range of services to our target audience. We also hope to extend our services and provide Irish Language support on a larger scale in the years ahead. We opened a Community Coffee Shop in June 2024 to engage with the local communlty and to encourage the social aspect of speaking Irish. This is a volunteer run shop. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, its Memorandum & Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1610196 (Northern Ireland) Registered Charity number 102825 Registered office 392 Glassdrumman Road Annalong Co. Down BT34 4QW Trustees Mr Eamon Rodgers Mrs Kerry Trainor Mr Stephen Deegan Independent Examiner E M Sheehan Limited Chartered Certified Accountants TIA E M Sheehan & Co 30A Greencastle Street Kilkeel Co. Down BT34 4BH Page 3
nradh na Gaeil e Boirche Ioehtar Re ort of tbe Trustees f r th Year Ended 31 December 2024 Approved by order of the board of trustees on 20 August 2025 and signed on its behalf by: Mr Eamon Rodgers - Trustee Page 4
Inde enden Examiner's Re ort to the Trustees or Conradh na Gaeil e Boirch I h I report on the accounts of the company for the year ended 31 December 2024, which are set out on pages seven to nineteen. Respective responsibilities of Charity trnstees and examiner As the charity's trustees (and also the directors for the purw)ses of company law) you are responsible for the preparation of the accounts in accordance with the wuirements of the Companics Act 2006. Having satisfied myself that the charity is not subject to audit under cornpany law and is eligible for independent examination, it is my responsibility to: examine the accounts under Section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act state whether particular matters have come to my atiention. Basis of the independent examiner's report I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting r¢cords kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosur¢s in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: That accounting records were not kept in accordance with Section 386 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of Section 396 of th¢ Companies Act 2006 and with 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 Ireland That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's Statement I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Page 5
Inde endent Examiner's Re ort to the Trnstees of Conradh na Gaeil e Boirche Iochtar Una Lindsay, FCCA E M Sheehan Limited Chartered Certified Accountants TIA E M Sheehan & Co 30A Greencastle Strect Kilkeel Co. Down BT34 4BH 20 August 2025 Page 6
Conradh na Gaeil e Boirche Iochtar StAtement of Financial Activllfies Y ar Ended 31 December 2024 31.12.24 Total funds 31.12.23 Totsl funds Unrestricted funds Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 41J53 41J53 44,585 Other trading activities Investment income 21,902 21.902 7,968 400 Total EXPENDITURE ON Raising funds 24,464 6,582 31,046 12,565 Charitable activities Various Annual Schemes 22,116 22,116 17,739 Other Total NET INCOMEI(EXPENDITURE) (7,787) (6,582) (14J69) 4,172 RECONCILIATION OF FUNDS Total funds brought forward 15,589 174,054 189,643 185,471 TOTAL FUNDS CARRIED FORWARD 167 472 175 274 189643 The notes forni part of these financial statements Page 7
onr h na Gaeil e Boirehe Iochtar Balance Sheet 31 December 2024 31.12.24 Total fund$ 31.12.23 Total funds Unrestricted funds Restricted fund Notes FIXED ASSETS Tangible assets (1,524) 167,472 165,948 174,529 CURRENT ASSETS Debtors Cash at bank 10 4,083 4,083 15,500 15,500 16,629 CREDITORS Amounts falling due within one year (6,174) (6,174) (1,515) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 7,802 167,472 175274 189,643 NET ASSETS 167 472 175 274 189 643 FUNDS Unrestricted funds Restrict¢d funds l3 7,802 167 472 15,589 174 054 TOTAL FUNDS 175 274 189643 The charitable company is entitled to exemption from audit under Section 477 of the Companies Acl 2006 for the year ended 31 December 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. The notes fonn part of these financial statements Pa8e 8 continued...
Conradh na Gaeil e Boirehe Iochtar Balance Sheet - continued 31 December 2024 The tn]stees acknowledge their responsibilities for (a) complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts and (b) these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime The financial ststements were approved by the Board of Trustees and authorised for issue on 20 August 2025 and were signed on its beha]f by: Mr Eamon Rodgers - Trustee Th¢ notes forni part of these financial statements Page 9
nrndh nA Gaeil e Bolrche Iochtar Notes to the Financial Statements for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probabl¢ that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or Constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Long leasehold Plant and machinery Fixtures and fittings Computer equipment 40/0 on reducing balance 25 % on reducing balance 150/0 on reducing balance 33% on cost Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Page 10 continued...
Conradh na Gaeil e Boi Notes to the Financial Statements - contlnued f Ihe Year Ended 31 December 2 24 ACCOUNTING POLICIES - continued Fund accounting Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Hire purchase and leasing eommitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight lin¢ basis over the period of the lease. DONATIONS AND LEGACIES 31.12.24 31.12.23 Donations Grants 14,777 22,735 Grants received, included in the above, are as follows; 31.12.24 31.12.23 FORAS Newry & Mourne DEARA Glor Na Gael An Ciste Funding Education A Belfast rcgion SHSCT Community Foundation Nl Conradh na Gaeilge ROI DFC Job start 8,699 4,765 1,874 3,066 5,542 1,488 2,540 210 1,800 1.350 5,000 854 3,083 5,000 26,576 Page 11 continued...
Conradh na Gaeil e Boirebe lochtar Notes to the FinaneiAI Statements - eontinued for Ihe Year Ended 31 December 2024 OTHER TRADING ACTIVITIES 31.12.24 31.12.23 Shop income Sponsorships Class Fees 11,979 2,267 INVESTMENT INCOME 31.12.24 31.12.23 Rents received 400 RAISING FUNDS Raising donations and legacies 31.12.24 31.12.23 Depreciation Support costs 6,582 6,856 Page 12 continued...
Conradh na Gaeil e Boirche lochta Notes to the Finaneial Statements - contlnued for h Y r Ended 31 December 2024 RAISING FUNDS- Continued Investment management costs 31.12.24 31.12.23 Property repairs Aggregate amounts NET INCOME/(EXPENDITURE) Net incomel(expenditure) is stated after chargingl(crediting): 31.12.24 31.12.23 Depreciation - owned assets Hire of plant and machinery 10,458 9,582 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expeDses There were no trustees, expenses paid for the year endcd 31 December 2024 nor for the year ended 31 December 2023. Page 13 conlinued..
Conradh na Gaeil e Boirche Iochtar otes to the Financial Statements- continued for the Year Ended 31 December 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 44,585 44,585 Other trading activities Investment income 7,968 400 7,968 400 Total 52,953 52.953 EXPENDITURE ON Raising funds 5,709 6,856 12,565 Charitable activities Various Annual Schemes 17,739 17,739 Other Total 6,856 48,781 NET INCOME/(EXPENDITURE) 11,028 (6.856) 4,172 RECONCILIATION OF FUNDS Total funds brought forward 4,561 180,910 185,471 TOTAL FUNDS CARRIED FORWARD 15,589 174.054 189,643 Page 14 continued...
onradh na Gaeil e Bolrebe loebtar Notes to the Financial Statements - continued for the Year Ended 31 December 2024 TANGIBLE FIXED ASSETS Fixtures and fjttings Long leasehold Plant and machinery Computer equipment Totals COST At l January 2024 Additions 253,797 2,484 382 2,534 11,811 270,626 At 31 December 2024 253,797 2,866 13,306 272 503 DEPRECIATION At l January 2024 Charge for year 89247 468 551 924 241 5,458 3,084 96,097 At 31 December 2024 95,829 1,165 106,555 NET BOOK VALUE At 31 December 2024 157 968 165 948 At 31 December 2023 164,550 2,016 1.610 6,353 174 529 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Other debtors Page 15 continued...
Conradh na Gaeil e Boirche Iochtar Notes to the FingnelAI Statements - continued for the Year Ended 31 Deeember 2024 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Bank loans and overdrafts (see note 12) Other creditors Accrued expenses 4,633 52 12. LOANS An analysis of the maturity of loans is given below: 31.12.24 31.12.23 Amounts falling due within one year on demand: Bank overdrafts 13. MOVEMENT IN FUNDS Net movement in funds At 31.12.24 At 1.1.24 Unrestricted funds General fund Cafe shop to promote Irish Language 15,589 (3,300) 12,289 15,589 (7,787) 7,802 Restricted funds Marine Park Building Development 174,054 (6,582) 167,472 TOTAL FUNDS 189 643 14 369) 175 274 Page 16 continued...
Conradh na Gaeil e Boirehe lochtar Notes to the Financial Statements - continued for the Year Ended 31 December 2024 13. MOVEMENT IN FUNDS - Continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrieted funds General fund Cafe shop to promote Irish Language 51,277 (54577) 16 465) {3,300) 63255 (71.042) (7,787) Restricted funds Marine Park Building Development (6J82) (6,582) TOTAL FUNDS 77 624) Comparatives for movement ID funds Nel movement in funds At 31.12.23 At 1.1.23 Unrestricted funds General fund 4.561 11,028 15,589 Restricted funds Marine Park Building Development 180,910 (6,856) 174,054 TOTAL FUNDS 185,471 189643 Page 17 continued..
Conradh na Gaeil e Boirehe locht Notes to the Financlal Statements- continued for the Year Ended 31 December 2024 13. MOVEMENT IN FUNDS- Continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 52,953 (41,925) 11,028 Restricted funds Marine Park Building Development (6,856) (6,856) TOTAL FUNDS 48781) A current year 12 months and prior year 12 months combined posltion is as follows: Net movement in funds Ai 31.12.24 At 1.1.23 UnrestrACted funds General fund Cafe shop to promote Irish Language 4,561 7,728 12,289 4,561 3,241 7,802 Restricted funds Marine Park Building Development 180,910 (13,438) 167,472 TOTAL FUNDS 185,471 10 197) 175 274 Page 18 continued...
Conradh na Gaeil e Boirehe loebtsr Notes to the Financial Statements - continued for the Year Ended 31 December 2024 13. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net rnovement in funds, includ¢d in the above ar¢ as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund Cafe shop to promote Irish Language 104,230 (96,502) 16 465) 7,728 116,208 (112,967) 3,241 Restricted funds Marine Park Building Development (13,438) (13,438) TOTAL FUNDS 116208 (126 405) 10 197) 14. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2024. Page 19
Conradh na e Boirche Ioehtar Detailed Statement of Financial Aetivitie for the Year Ended 31 December 2024 31.12.24 31.12.23 INCOME AND ENDOWMENTS Donations and legacies Donations Grants 14,777 26,576 22,735 41J53 44.585 Other trading activities Shop income Sponsorships Class Fees 11,979 2.267 9,923 21,902 7,968 Investment income Rents received 400 Total incoming resources 63255 52.953 EXPENDITURE Raising donations and legacies Long leasehold 6,582 6,856 Other trading activities Purchases Hire of plant and machinery Training 15,683 1,904 50 17,637 This page does not forn) part of the statutory financial statements Page 20
nradh na Gaeil e Boirche Iochtar Detailed Statement of Financial Activities ror the Year Ended 31 December 2024 31.12.24 31.12.23 Other trading activities Investment management costs Property repairs 3,142 3,478 Charitable activities Summer Scheme Assistants Youth club costs Isle of Man Trip Gealtach Trip Schojarships 3205 960 514 7,379 7,535 1,351 8.809 8002 iJoo 22,116 17,739 Other Contract Workers Cleaning costs Activity Costs Waste Removal Plant and machinery Fixtures and fittings Computer equipment 16,715 50 1,975 305 551 241 3,084 10,448 45 3,308 487 468 284 22,921 17,015 Support costs Management Advertising 1,998 881 Finance Bank charges 355 306 Other Sundries lJ32 I,044 This pag¢ does not forni part of the statutory financial statements Pa8e 21
Conradh Gaeil e Boirehe loch Detailed Statement of Financial Activiti for the Year Ended 31 December 2024 31.12.24 31.12.23 Other Governance costs Accountancy and legal fees 1,462 Total resources expended Net {expenditure)lincome 14 This page does not form part of the statutory financial ststements Page 22