Company registered number: N1618886 Charity registered number: NIC104565 GLOR NA MONA TEO Iprivate company limlted by 8uarantee without share capital TRU5TEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 COMPANIES HOUSE 2 0 DEC 2023 8ELFP,ST )CIRKNDE 2011212023 COMPANIES HOUSE JNI
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Tony Clarke 53 Andersonstown Road Belfast BTII 9AG
GLOR NA MONA TEO CONTENTS PAGE Reference and administrative details of the charity, its trustees and advisers Annual Report of the Trustees Independent Examiner Report Statement of Financial Activities Balance Sheet Notes to the Financlal Statements 10-16
GLOR NA MONA TEO (Private company limited by guarantee without share capital} TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees. Annual Report {Incorporatin8 the Dirertor's Report) STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is controlled by its governing document, a Memorandum and Articles of A550ciation. and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 14 June 2013 and registered with the Charity Commission for Northern Ireland on 29 April 2016. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1618886 Reglstered Charity number N1104565 Re8lStered office Glor Na Mona 4 Whiterock C105e Belfast BT12 7RG CHAIRPERSON Conchur O Muadaigh TRUSTEES / DIRECTORS Niall Enright Breanda UiChleiri8h Padraig Maccathail Conchur O Muadaigh Ciaran Mac Giolla 8héin Sean O hEdchi4in James Donal Mckinney Pol O Mordha Treasurer Resigned on 26 May 2022 Chair Resigned on 26 May 2022 Appointed on 23 November 2022 INDEPENDENT EXAMINER Tony Clarke 53 Ander50ntown Road 8elfast BTII 9AG
GLOR NA MONA TEO (Private cornpany limired by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees. Annual Report {Incorporating the Direttor's Report) Contlnued... The Trustees present their annual report together with the financial statements of the company for the 01 April 2022 to 31 March 2023. The financial statements have been prepared in accordance with the accountlng policies set out in note I to the financial statements and comply with the company's governing document, the Companies Act 2006 and "Accountin8 and Reporting by Charities: Statement of Recommended Practlces applicable to charities preparin6 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (as amended for accounting periods commencing from l January 2016) Strurture, Governance and Trustees Glor Na Mona TEO which is registered as a charity wlth the Charity Commission for Northern Ireland, was incorporated as a company limited by guarantee in Northern Ireland, registration number N1618886 with the objective of undertaking charitable actlvlties for the benefit of the Inhabitant5 of Northern Ireland. Main actlvltles to further Publlc Benefit Glor na Mona was established to contribute to the soclal and cultural development of the Upper Springfield area. As an Irish language organisation, our business is conducted through the medium of Irish, however we do provide a number of services whlch caters for both Irish and English speakers. Glor na Mona has two main areas of work; Youth and Community. Our youth work has developed hugely in the period covered and we now deliver core youth service5, throu8h the medium of Irish to 400 number of young people across Belfast. We also recruit and train volunteers for the sector. We also do a number of activities aimed at older members of our community, including adult education classes, parent and toddler groups, coffee mornin8s for pensioners and family fun days, among Other activities. We provide an Irish medium youth service (club and activities) on 5 ni8hts per week which caters for the young people of the Upper Springfield area. We also provide accredited training and personal development courses for these young people. In excess of 100 local adults also attend our nightly Irish language course5 and we organise 4 intensive courses per year to compliment thi5 work. We organise a community festival during the autumn which provides entertainment, social events and educational activities which cater for people of all age ranRes. Glor na Mona orRanlse three festlvals throuRhout the operational year for the wider
GLOR NA MONA TEO {Private company limited by guarantee without share capital} TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees, Annual Report (Incorporatlng the Director's Report) Contlnued... Tuarisc Coimrithe an Stiurthora /Directors Summary Report Executive Director, Dr Feargal Mac lonnrachtaigh We contlnued with the Strategic plannln8 process set out by our board of Directors in November 2022. Having engaged the services of Rabble Co-operative and Dessie Donnelly who carried out in depth focus groups with our Board of Directors, full-time and part-time staff. this process culminated in a 2-day planning residential in the Canal Court Hotel in Newry on 2- 3 February. Dessie wrote up the findings which ended with an a8reed set of Strategic Milestones for the or8anisation between 2023.28. It was a150 agreed that we would continue with a rigorous participatory Strategic monitorlng process which aimed to bring all Glor na Mona staff and the voluntary board of Directors, together twice a year, in June and December, for a 'Ciorcal Machnamhach, (reflectlve circle) which would enable us to assess and plan the work of the organisation as a bi-annual 'thlnk-In' In the years to come. The work of our West Belfast language planning prolect which was been renamed and rebranded as Fls an Phobail- Plean Tean8a Feirste Thiar, in October 2022, began hitting the ground in earnest when our 6-month Mentoring and Professional development scheme, 'An Mheitheal Mheantoireachta,. The programme commenced on January 31st with 18 newly appointed activists in the bur8eoning Irish language sector enrolling for 6 modules that would take for one day long workshop a month and cover such relevant topics as; the history of the Language revival movement. the Language planning process; workin8 With young people; financial mana8ement; funding applications and community campaigning (See link: httP5://www.glornamona.com/youth/new-mentoring-scheme-an-mheitheal-mheantoireachta- launched-as-Dart-of-west-belfast-irish-lanRuaRe-festivallPlanR=en In addition, we made a successful application to the Education Authority New Funding Scheme under 'Local youth development, in December for 3 years funding for the Cumann Oige Uachtar Chluanal youth programme. We were deli8hted to receive the letter of offer at the end of January for the funded youth project to commence in l April 2023. Although we were only 8iven a one-year contract, this was hu8e relief to have made it into the official funding scheme after two years of wranglin8, lobbyin8 and campai8ning. We were the first Irish Medium vouth club to attain this status in the history of the state. Seachtain na Gaeilge programme Despite the challenges of the youth campaign, our Seachtain na Gaei18e/Féile an Earraigh programme continued with some excellent events includin8 an inspiring series of events on International Women's Day which included panel discussions and film showings. We also showcased a public information day on the positive developments relating to our capital project, Croi na Carraige, which was now receiving support through Belfast City Council Neighbourhood Regeneration Scheme who provided us with a Projett Sponsor, Michaell Collins, who began supporting the project.
GLOR NA MONA TEO (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Seachtain na Gaeilge programme Continued... Through BCC support, we were able to update our 2022 Economic Appraisal and break our 3 million project into phases to aid its short to medium term deliverability. See link to the Croi an Carraige open/information day; https://www.glornamona.com/ginearalta/la-oscailte-eolais- croi-na-carraige/ At the end of March, we were also successful in two business cases that we submitted to the Department of Communities for support with our capltal Development. In the first Instance, they agreed to support us with funding for our full plannlng applicatlon which was scheduled for May by our Architects, Mccartan and Muldoon. We also applied again for support with second Temporary Mobile classroom to support with the alleviation of space constraints and also to support our intention to pilot our Community Herltage Café in order to prepare for the lar%er Crol na CarraiRe capital development. Through F65 an Phobail, we were also able to support CLG Laochra Loch Lao who are also goin8 from strength to strength with 400 members now on their books. We engaged Sector 3 Consultants who dld a professlonal Club Development plan which has supported numerous small grant applications which have allowed us to develop additional socio-linguistlc support programmes to aid the development and growth of the club. This fundin8 has allowed to employh part-time staff to support with Club GAA coachin8 in our local Irish medium schools and also with the development of a calendar of club development and community building initiatives which support the ff rowth of the prolect as a comprehensive lanquaAe planninR Going Concern After makin8 appropriate enqulries, the trustees have a reasonable expectation that the company has adequate resources to continue in operatlonal existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparin8 the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Financial Review The results for the year ended 31 March 2023 are set out on pages 13 and 14 of the financial statements, The total income for the year ended 31 March 2023 amounted to £477,750 {2022,' £361,381). The total expenditure w35 £50S.326 (2022: £269,606) The Trustees consider that the unrestricted funds of the charity is sufficient and adequate to fulfil their obligatlons. The charity held £64,004 in reserves at the year end (2022.. £60,500).
GLOR NA MONA TEO (Private company lirnited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees, Annual Report Ilncorporating the Director's Report) Contlnued... Reserves Policy The income of the Company is considered adequate and the risks associated with any significant The Trustees (who are also directors of Glor na Mona TEO for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standard (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. Under company law the Trustee5 must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the income resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing these financial statements. the Trustees are required to.. Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP. Make jud8ment5 and accounting estimates that are reasonable and prudent; Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. Trustees, responslbllitie5 Statement The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactlon and disclose with reasonable accuracy at any time the financial position of the charitable company and the enable them to ensure that the financial statements comply with the Companies Act 2016. They are also responsible for safeguarding the asset5 of the charitable company and hence for taking reasonable steps for the This report was approved by the Trustees, on 1911212023 and signed on behalf by: Conchur O Muadaigh Chair
GLOR NA MONA TEO (Private company limited by 8uarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 INOEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GLOR NA MONA TEO I report on the financial statements of the company for the year ended 31 March 2023 which are set out on pages 8 and 9. This report is made solely to the company's Trustees. as a body in accordance with section 65(3)(a) of the Charities Act Northern Ireland 21X)8 and regulations made under section 66 of the Act. My work has been undertaken so that I might state to the company's Trustees those matters l am required to state to them In an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsiblllty to anyone other than the company and the company's Trustees as a body, for my work of thls report. Respectlve responsibilities of trustees and examiner As the company's Trustees (and also the directors of the company for the purpose of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the company is not subject to audit under company law, and is eliglble 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 8iven by the Commission under section 6S(9)(b) of the Charities Act • state whether particular matters have come to my attentlon. Basis of Independent Examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examinatlon was carried out in accordance with the general Directions glven by the Charity Commission for Northern Ireland under section 65(91(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It was also included consideration of any unusual items or disclosures in the accounts, and seekin8 explanations from you as charity trustees concerning any such matters. Independent examinees statement My role is to state whether any material matters have come to my attention 8ivin8 me cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply wlth the accounting requirements of the Charities Act That there is further information needed for a proper understanding of the accounts to be reached.
GLOR NA MONA TEO (Private company limited by guarantee without share capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF GLOR NA MONA TEO CONTINUED... I have completed my examination and have no concerns in respect of the Matters (l) to (4) listed above and, in connectlon with following the directions of the Charity Commission for Northern Ireland. I have found no matters that require drawing to your attention. 20/1212023 Tony Clarke 53 Andersonstown Road Belfast 8TII 9AG Oate
GLOR NA MONA TEO (Private company limited by Euarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 STATEMENT OF FINANCIAL AcfiviTIES INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT Year to Unrestricted Restilrted 31-Mar-23 Funds Funds TOTAL Year to 31-Mar-22 TOTAL Note Incorne from: Donations and Legacles Charitable Activitie5 28,537 7,517 441,696 36.054 441,696 21,024 340,357 Total Income 28,537 449,213 477,750 361,381 Expenditure on: Charitable Activities 49,396 457,832 507,227 269,606 Total Expendlture: 49.396 457.832 507,227 269.606 Net income/(expenditure) 120,858) (8,619 (29,477 91,775 Trarbsfers between funds 22,461 122,461 Net movement in funds 1.603 131,080) (29,477) 91,775 Reconciliatlon of funds Total funds brought forward 60,500 89,557 150,057 58,282 Total funds carried forward 62,103 58.478 120,580 150,057 The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on page 10 to 16 form and integral part of these accounts
GLOR NA MONA TEO (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 BALANCE SHEET As at 31 March 2023 2023 2022 Note Flxed Assets Tangible Assets 190.841 190.841 190,099 190,099 Current Assets Debtors Cash at bank 1,114 166,797 167,911 1,114 145,679 146,793 Liabilities Creditors: arnoun15 falli due withln one ar (50,064) (1,200) Net Current Assets 117.847 1188,108) 120,580 145,593 (185,6341 150,057 Long Term Liabilitie5 Net assets 8b Funds Restricted Unrestricted 58,478 62.103 89,557 60,500 TOTAL FUNDS 12 120,580 150,057 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. The trustees acknowledge their responsibilities for ensuring that the charity keep5 accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members h3ve not required the company to obtaln an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies Subject to the small companies regime. The financial statements were approved by the board directors on 1911212023 and were signed on their behalf by: Conchur O Muadaigh Chair The notes on pa8e 10 to 16 form and integral part of these account5
GLOR NA MONA TEO (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS l Accounting policies Charlty Inforniation Glor Na Mona TEO is a private company limited by guarantee incorporated in Northern Ireland. The registered office is: principal place of business is 195 Whiterock Road, Belfast, BT12 7FW. 1.1 Accounting convention The accounts have been prepared In accordance with the charity's governln8 document. the Companies Act 2006 and 'AccountinE and Reporting by Charitie5: 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)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions In the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterlin8, which is the functional currency of the charity. Monetary amounts In these financial statements are rounded to the nearest £. The flnanclal statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustee5 continue to adopt the 80ing concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion ol the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. 1.4 IncominE resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 10
GLOR NA MONA TEO (Private company limlted by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNT5 (contlnued) 1.4 Incoming resources Icontinued) Turnover Ss measured at the falr value of the Consideration recelved or receivable and represents amounts receivable for goods and serrfices provided in the normal course of business, net of discounts. VAT and other sales related taxes. 1.5 Resources expended Liabilitie5 are recognised as expenditure as soon as there is a legal or constructive obligation commltting the charity to that expenditure, it Is probable that a transfer of economlc benefits will be required in settlement and the amount of the obligatlon can be measure reliably. Expenditure is accounted for on an accruals basls and has been classified under headings that aggregate all cost related to the cate80ry. The charity is below the charity audit threshold and therefore Is exempt from reportin8 expenditure on an activity basis. The charity has opted to report by the nature of expenditure rather than on an activity basis. 1.6 Tangible fixed assets Tanglble fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the followin8 bases: Computers & Equipment 15% on c05t Land & Buildings 50 years straight line Building Refurbishment 10 years straight Ilne 1.7 Cash and cash equivalents Cash and cash equlvalents include cash In hand, deposits held at call with banks, Other short-term liquid investment5 With original maturitie5 of three months or less, and bank overdrafts. Bank overdraft5 are shown within borrowings in current liabilities. 1.8 Financial instrument5 The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instrument5. Financial instruments are recogni5ed in the charity's balance sheet when the charity becomes party to contractual provisions of the instrument. Financial a55ets and liabilities are offset. with the net amounts presented in the financial statements. when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 11
GLOR NA MONA TEO (Private company limited by guarantee without share capital) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS {continued) 1.9 Basic financial assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 1.10 Basic financlal liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carrled at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transactlon prlce and subsequently measured at amortised cost using the effective interest method. 1.11 Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.12 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefit5 are reco8ni5ed immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.13 Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of asset5 and liabilities that are not readily apparent from other sources. The estimates and associated assurnptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimate5 are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 12
GLOR NA MONA TEO {Private company limited by guarantee without share capital) TRUSTEES, REPORT ANO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS Icontinued) 2 Income from Donations and Le acies 2023 2022 Unrestrirted Funds Restrirted Funds TOTAL TOTAL General Total 2023 28,537 28,537 7,517 7,517 36,054 36,054 21,024 21,024 Total 2022 21,024 21,024 3 In¢ome Irom Charitable Activities 2023 2022 Unrestricted Funds Restrlrted Funds TOTAL TOTAL Dormant Accounts Awards for All Belfast City Council Comhaire Clste Conradh na Gaeilge DFC Educatlon Authoritv Foras na Gaeilge Foram Na Nog Glor Na Gael National Lottery Community Fund Grant Release Nl Start Here Total 2023 34,630 34,630 10,000 29,134 12,684 3,447 100 90,724 111,814 5,980 32,914 37,043 6,518 84.000 31,SS3 84,000 31,553 51,643 92,123 12,250 51,643 92,123 12.250 101,497 101,497 34,000 441,696 34.000 441,696 340,357 Total 2022 12.135 328,222 340,357 4 Staff Costs and Numbers 2023 2022 Gross Wages including any ERNIC and Pension 307,266 307.266 141,831 141,831 No employee received emoluments of more than £60,000 (2022., None) The average monthly number of ernployees during the year, calculated on the basis of full time equivalents. was as follows: 2023 Number 11 2022 NLJmber 13
GLOR NA MONA TEO (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS ICONTINUED 5 Ex enditure 2023 2022 Charitable Activities Unrestricted Funds Restricted Funds TOTAL TOTAL Bank Fees Cleanin81 Maintenance Depreciation Finance and Accountancy Costs Insurance Office Costs Programme Costs Rent/Heat/Light/Utlllties Sponsorship Travel & Subsistence Wages and Salaries Total 2023 618 8,310 8,555 11.477 2,247 10,103 83.875 2,159 50 381 141,831 269,606 1,732 600 3,077 999 19,851 7,517 4,100 1,272 16,457 138,63S 5,722 9,248 4.700 4.349 17.456 158,486 5,722 23,137 49,396 284,129 457,832 307,266 507,227 Total 2022 9,886 259,720 279.725 6 Trustees remuneration & expenses During the year, no Trustees received any remuneration (2022 - £NIL). During the year, no Trustees received any benefits in kind12022 £NIL}. During the year, no Trustees received any reimbursement of expen5e5 (2022 - £NIL). 14
GLOR NA MONA TEO {Private company limited by guarantee without share capital) TRUSTEES, REPORT ANO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTESTO THE ACCOUNTS (CONTINUED) 7 Debtors 2023 2022 Staff overpayment Other Debtors Prepayments Total 2023 1.114 1.114 1.114 1.114 8 Credltors: amounts fallln due wlthln one ear 2023 2022 Accruals & Deferred Income Government Penslon Other Creditors Total 2023 46,962 1,302 1,800 50.064 1,200 1,200 8b Lon Term Llabllltles 2023 2022 Government Grant aromatised Grant Received Grant Released Balance c/f 185,634 9.990 (7,5171 188,108 152,152 40,000 16,518) 185,634 9 Tan ible Fixed Assets Land & Buildin Buildin Com ui uters & Total COST At l April 2022 Additions Disposals At 31 March 2023 DEPRECIATION At l April 2022 Charge for the year Eliminated on disposal At 31 March 2023 NET BOOK VALUE At beginning of period At 31 March 2023 175,880 30.000 9,990 24,787 230,667 9,990 175.880 39.990 24,787 240,657 24,326 3,518 3,000 3,999 13,242 1,732 40,568 9.248 27,843 6,999 14.974 49,816 ISI,554 148,037 15 27,000 32,991 11,545 9,813 190,099 190,841
GLOR NA MONA TEO {Private company limited by 8uaranlee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS (continued) 10 Inde endent examiner's remuneration The independent Examiner's remuneration amounts to an Independent Examination fee of £1,200 (2022 - £1.200) 11 Related transactlons There were no related party transactions during the year. 12 Statement of funds . current ear Balance at l April 2022 Expenditure Transfer in/out Balance at 31 March 2023 Income Restricted funds Awards for All Capital Grant Release Belfast City Council Comhalre Ciste Conradh na Gaeilge DFC Education Authority National Lottery Communlty Fun( Foras na Gaeilge Dormant Accounts Halifax Nl Start Here Foram Na Nog Total restricted funds 6,936 (6,936) (7,517) (80,013) (10,008) (37,441) 7,517 84,000 31,553 6,021 5.888 253 1,004 423 9,466 50.048 1253) (1,004) (52.066) (88.746) (9,000) (114,918) 13,200) (34,630) 51,643 101,497 92,123 34,630 13,217 24.053 3,000 3,000 11,690 34,000 12.2SO 449,213 (22,310) (12.250) (4S7,832) (22,461) 83.039 51,959 Unrestricted fund5 General funds Total Unrestricted funds 67,018 67.018 28,537 28,537 (49,396) 22,461 (49.396) 22,461 68,620 68.620 Total of funds - current year 150.057 477.750 (507,2271 120,580 13 Statement of fund - rior ear Balance at 31 Mav 2021 Balance at 31 March 2022 Income Expenditure Transfer inlout Total unrestricted funds Total restricted funds Total of funds- prior year 37.227 21,055 58,282 33,159 321,705 354.864 (3.368) (259,720) (263,088) 67.018 83,040 150,058 16