Llonra Uladh Teo
IA company Ilm*gd by guarantee. not h4viryJ a sharE capita
Annual Report and Unaudited Financial Statements
for the financial year ended 31 December 2022
Quarter
Chartered Accountants
StAnne's Housè
16 Church Street
Cathedral Quarter
Belfast
BT11PG
Company Number: N1611890
Charlty Mumb•r: 104804

Lionra Uladh Teo
IA company Ilmlted by guarantee, not having a share capila
CONTENTS
P&ge
Trustees, and Other Infonnation
Trustees, Annual Report
statement of Trustees, Responsibilities
Independent Examinerfs Report
Statement of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
10
Notes to the Financial Statements

Llonra Uladh Teo
IA company Ilmlted by guarantfjfr, not havlng a sharo capltafi
TRUSTEES, AND OTHER INFORMATION
Trustees
Dr POI Cana
Maire Nic Fhionnachtsigh
Aine Nic Gerailt
Fergus IYHare
GearOfrJ O Caireaiiain
Company Socrntary
Maire Nic Fhi0nnaChta￿h
Charlty Numbèr In Northom Ireland
104804
Company Reyistration Number
N1611890
Reglstered oifice and PrincipY41 Address
30 Srapj Dhubhaise
Beal Feir5te
Aontroim
BT12 4AL
Independenl Examiner
Quarter
Charlered Accountsnls
st Anne's House
15 Church Street
Cathedral Quarter
BelÈst
BT11PG
Principal BankgrJ
Ulster Bank
Unit G
Wesiwotsj Centro
BelFast
BT119BQ

Llonra Uladh Teo
IA company Ilmltgd by Buarantee. not hAving a sharo capltalj
TRUSTEES. ANNUAL REPORT
for the financaal year ended 31 De￿mber 2022
The trustees present their T￿￿tee8. Annual Report, combinlng the Di￿rS, Report and TnBtees' R@port, and the
unaudtted financial statements for the financial year ended 31 December 2022.
The financial statements ar8 pr8p8red in accordan￿ with the Cowpanies Act 20chg, FRS 102 "The Flnanaal
Reporting Standard applicable in Ihe UK and Republic of Ireland" and Accounliro and R@porting by Ch8rities'.
Slalement of Recommended Practi￿ applicable to charities preparlng th@ir financial statsm8nts in accordan￿ wt
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
The TNslees' Report Contains the informalion required to be provtded in th8 Tru8tees' Annual Report und8r th8
Statement of Recommended Praciicé (SORPI guidelines. The trustees of the Company are also charity trustees for
the purpose of charity law and under the compan￿8 ox)nstitution are kn¢)wn as memters of the boar(l of trustees.
In Ihis report the trustees Df Llonra Ul&Jh Teo present a summary of its purpose. govetnance, actiwties,
achievements and finances for the fftnancial firrancial year 31 DeC￿ber 2022.
The company is a registered tharity and hen￿ the report and results are presented in a fomi which compli@s with
the requirements of the Companies Act 2006 and. although not obliged to comply with the Statement or
Recommended Practlc& applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its
rerxjmmendations where relevant in these financial Statements.
Mission, Obj¢ctlves and Strategy
1881on Statsment
The mission of Ihe organisation Ss to pr(Mnote culiural, economic arKI Sfxial rege￿ratiOn, advance community
development and promote the relief of povety and social 8xclusion.
Th@ principal activity of the chawwty is Ihe development of a pU￿)Se-bu11t broadcasting, sound recordlng, media
training and archiving centre as 8 home for the Irish language communty radio sèNics. Raidio Faille.
Objectlves
Assisl any charitable, voluntary or community bcKly or bojies which assistance may include infomiing the
ccffimunty of ttleir activilies.
Promole such other exclusively charitable putposes in acthrdance with the law of charity in Northern Ireland as may
from time to time be determingd.
The Board of Director8 wish to keep on teth our gratitude to the wicle range oi Ctjmmunity siatutory
stakeholders who supported the Lionra Uladh capital build project at 30 Sraid Dhubhaise (ra)mp￿ted October 20181
in particular Belfast City Counal, Department for Communities. An Ciste Infheistiochta GaeihJe. Ihe Alpha
Programme, Foras na Gael￿e, Nl SCree￿IL8F. RaKlio Failte stsff and voluntsers and the many community
stak&holder8, both i￿ll￿dualS and organisalioro who supported the capital buihl. The Board cf Directors also
gratefully acknowlgjge the contribution of Nl Housing Execubve and Department of Infrastructure in relation to
transfer of land in the form of community asset transfer 8Jreements.
Strategy
The centre, Llonra Uladh, whith was first occupied in October 2018, makes an important. stratgJic contribution to
the growth ol Gaeltacht Quarter e￿noMiC regeneration plans and to the on￿01r￿j development of lrish18wU￿e
media and community infrastructure.
stmcture. Governance and Management
Structure
Llonra Uladh Teo was granted charilablo gtatus by the Charity Commission of Northem Ireland (effects've 4 March
2016)
To manage the building phase of the capital d&velopmen¢ a Memorandum of Understanding IMOU) was agre8d
beiween the fundlng bodies and Llonra Uladh Tèo. with the Dep8rtment of Communtknes acting as the cenlral funding
administrative contact point throughout
Conveyance of land belween Departrnent of Infrastructure Llonra Uladh Teo was agreed, dated 13 January
2017, with Departmenl ol Infrastructure having responsibility for upkeep and repair of the (Westlink off slip) retaining
wall. The Departsnent of Infrastructure retain rvJht of a(x8ss lo the demis￿ premises to fuffil this condition.
A 99￿year lease dated 6 December 2018 wa5 made belween Northem Iteland Housing Executive and Llonra Uladh
Teo, efFective from 9 October 2018.
A 25-year Full-repairinglfulkinsuring lease. dated 6 DE￿mber 2018. was granled by Llonra Uladh Teo to Raidlo Failte
Teo, effective from 9 October 2018. Raidio Failio Teo operate the buikling and extemal areas as an Irish languag8

Lionra Uladh Teo
IA eompkny Ilmlt8d by guarantsg. not hoving a share eapltall
TRUSTEES. ANNUAL REPORT
for the finandal year ended 31 Dec8mber 2022
community resource.
The defects has LEen fvrther extended du8 to orKJoiThJ issues with water ingress. compounded by Ihe impact
of the Covid-19 paThJemic. It Is hoped that outstanding issues will be res0￿ed in the near future and that relention
monies will be paid to the Contractor. All grant lundiro ha5 been gratefulty r8ceived and h&s been ring-fenced for this
purpose.
Duri￿ the o)urse of the 2020 financial year, iniiial sleps were taken to put agreem8nts in place to transfer a section
of the 51te on which th8 Llonra Uladh - R8idio Failte buihjing Is I￿ted to Divis Joint Development Commlttèe. in
pursuance of their charitsble objectives.
The lease agreement.was signed by the parties (Raidp5 Failte Teo & Divis Joint Development Committ*l on 8
November 2022, with th8 start date of the lease beiro 1 OctotrEr 2022 and the end date 30 Sept&mb8r 2027. The
rent is £1.00 per annum lif collected). The Permitt&l Use pemiits the Lessee la use th8 Demis8d Premises a8 an
extension of children's play area and small events area for children'g activity or such other use which the Lessor
consents to in writing.
The Directors of Llonra Uladh Tèo are satisfied that Ihis 5￿POrtS the mission and Charitab￿ objectives of the
organisation.
Income
During the financial year the principle Sour￿ OF Income was that of rental income for the usa of the building which
accounts for all income in the accounts. There wa5 no 8(klitional grant fundir¥J recalv8d during this finan(aal year,
Flnanclal Re8uIt8
At the end of the flnanrial year the CL)mpany has assets of £1.788.901 (2021- £1,807,420) and liabilitiés OF £2.447
12021- £2,447). The net 85set5 of the company have decreas￿1 by £118,519}.
Resetyes Posltlon and PolTCy
The trustees have considered Ihe level of untBslricted reseryes the charfty should hokl. As the buildiro was fijlly
funded by the resp@ctive funders, to be utilised in the c1¥9riti8s attivities, the iTUStees do not believè there is a
requiremont to hold unrestricted reserves. The trust&es will Contin￿ to review Ihis wlicy as the charities activities
continue.
Trustees
The current irustses aro as get out on page 3
Dr POI Mac Cana
MaiTe Nlc Fhionnachtaigh
Aine Nic Gerailt
Fergus O'Hare
Gearoid O Caireallain
In act¥Jrdan(* with the Constitution, the trust688 may be appointed by an or(linary resolution or 8 decasion of the
directors.
The seC￿tary who served during the financlal year was:
Maire Nic Fhionnacht8igh
Compliance wlth Sgctorwide Legislation and SfandardÈ
The (x)mp3ny engages PTO-activety with legislalion, staTrJan15 aTrJ c*hJes which are d9V8ILyed for the sector. LIDnra
Uladh Teo subscribas to and is compliant with the followirMJ:
The Companies Act 2006
Tha Charilies SORP {FRS 102)
Approved by the Board of Trustees on 12 September 2023 and glgned on its behalf by:
Dr POI Mac Cana
TTU5tèe
Aine Nlc Gerailt
TNstse

Llonra Uladh Teo
IA company lknlted by guarantee, not havlng a shayg capltall
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 De￿mber 2022
Th@ bvstees. who are also directors of Llonra Uladh Teo for lh8 purwses of company law, ar8 r8sponsib18 for
pr8paring the financial statements In accordance with applicable law and regulations.
Company law requires the trustees as the di￿ra to preparè financial siatements for each finan¢ial year. Under
that19w the trustees have elected to preparè the financial ststements in accordance with Unit8d Kingdom G8n8rally
Acceplgj ACCOUn￿ng Practic& (United Kir¥Jdom Accounbng Starvjarts appIl￿ble lawl including FRS 102 "The
Financlal Reporting StarKlard appIl￿ble in the UK and R8public of Ireland" Section 1A (Small Enlilies). Undar
company law the trustees must not approve the financial slatements unless they are satisfied that they give a tru8
and fair view of the state of affairs of th8 company and of the surplus or deficit ot the company for that period.
In preparing these financial slalements, the trustees are ￿UIred to..
Select suitable accounting poliryes and apply th8m ccmsistently.,
make judgements and estimates that ar8 reasonable and pr￿ent
slate whether the financial stat8ments have b8en prepared in accordance wlth the rdevant financial ￿PortIng
framework. id@nlify thos8 standards, and rK*te the effect and th& r6ason8 for any material departure from those
standards,. and
pr8pare the financial ststsments on tha going ojnwn basis unless it Is inapprcprlatè to presum8 that the
company wlll continue In 0￿ratIon.
The tru8te89 confirm that they have complied with tha above requirements in preparing the financial statements.
The trustees are responslblo for keepiTrJ adwuate 8ccounting records that ar8 sufficient to sh(M and explain the
(￿panY'S transactions and disclose with reasonable a¢curacy at any time the financial pogition of the company and
nable them to ensu￿ that the financial slalemÈnts ￿)mplY with. They are also responsible for safaguarding the
Ssets of the company and herte for takiro reasonable steps for the prevention and detection of fraud and olher
irregularlties.
Approved by the Board of Tru$lees on 12 Septsmbèr 2023 and signed on its behalf by:
Dr POI Mac Cana
Trustoe
Aine Nlc Geraill
T￿￿te

Llonra Uladh Teo
IA company limlled by guorant80, not havlng a share capita
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF
TRUSTEES OF LIONRA ULADH TEO
I have examined the financial statement5 of the o)mpany for the fin8ncial year ended 31 December 2022, which
comprise the Statement ol Financial Actsvities, the Summary Income arKI E￿ndIture Account, the BaL9nce Sh8@t
and th8 related notes.
RespectNe responslbllllle8 of trustee5 and examlngr
The ￿MpanY'S trustees (who are also thè directors of Ihe company for the purposes of company lawl are
sponsib18 for ihe preparation of the financial statements in accordance with the requirements of the Companies
Act 2006. The companls trustees consider that an audit is not required for this financial y@ar under Chapter 3 of
Part 16 of the Companies Act 2006 and that an indeparnlent examination is ￿quired.
It is my responsibility to..
examine the financial staloments under sectson 65 of the Chaiities Act
follow the procedures laid down by the general Directions given by the Charrty Commission for Northem Ireland
under section 65(9)(bl of the Charities Act a￿1
stat& whether particular matter5 hav8 ￿me to my attention.
Basi¥ of independent •xamIne￿¥ report
I have examined your ccKnpany financial statements as rellul￿d under section 65 of thg Chartbeg Act and my
exam5nation wa5 (zrried oui in accordan￿ with the general Directions given by Ihe char￿ Commission for
Northgrn IrElaTrJ under section 65(9)(b) of the Charities ACL An examination inclLMJes a review of th8 accountirw
records kept by the company and a comparisan of th@ financial stalements presented with those record5, It also
IndLKles consKleration of any unusual items or disclosures in the financial statements and 5eeklng explanatio￿q
firjm the tru3teeg conceming any such matter3. The proc&Jures undertak8n do not provide all the avidence th&1
would be requlred in an audit and consequenly no opinion 18 given a5 tr) W￿ther the accounts present a 'twe and
tairf view and thè raport is limited lo those matters sot out in the stslement below.
In connection with my examination. no matter has ¢J)me to my atÈntion which gives me cause to believe that in, any
material respect..
accounting records were not kept in ar£ordanI￿ wilh section 386 of the Companies Act 20C
the hnanaal statements do not accord with those accounting records
the financial statements have nol been prepared in accnrdance wilh Ihe accounting requirements of section 396
of the Compan￿8 Act 2006 and with the methods arKI princpies of the Statèment of Recommended Practice
appli¢able tu Llidl"Ilies preparing their accounts in acwrdanco with tho Financial Reporting Standard applipAblp in
the UK and Republic of Ireland (FRS102)
there is furth@r information needed for a proper understandi￿J ofthe accounts to be reached.
Indeppndent examlnerfs staternent
I have no concerns and have come acr055 no 01￿ matters In (Y)nnection with the examin8tion to which attention
sho
e drawn in this report in ortkr to enable a proper uTrYersianding of the financial statem8nts to be reached.
QUARTER
char.ered A￿untants
St Anne's House
15 Church Slreet
Cathedral Quarter
Belfast
BT11PG
Date: 12 September2023

Lfonra Uladh Teo
IA company lim￿ed by guatantog, not having o shave eaplia
STATEMENT OF FINANCIAL ACTIVITIES
for the financi81 year ended 31 De(xmber 2022
Unreslrfcted Endowment
Funds
Fundg
2022
2022
Total Unr8strirted Endowment
Funds
Fund$
Ftjnds
2022
2021
2021
Totsl
Funds
2021
Notes
Incoming Re8ourcè8
Activthas for generating
hJnd8
21,600
21,600
21,600
21,600
Resources Expendéd
Charitable activibes
3,764
36.355
40,119
2,635
36,355
38.990
Net incomlngloutgolng
re60urcos before transfers
17,836
136,355) 118,5191
18,965
136,355) (17.390)
Gross transfers between
funds
Net Thovernent In lund8
for the flnanclal yoar
1Y,B36
(36.355) 118.519)
18,965
(36,355) 117,390)
Raconciliallon of funds:
Total beginning of the
year
12
50.243 1,754.no 1,804973
31,278 1,791.OB5 1,822,363
Total funds at the end of
the year
68,079 1,718,375 1,786.454
50,243 1,754,730 1.804,973
The Statement of Financial Activities irKI￿YeS all gair6 and losses reC￿nISed in Ihe financial year.
All incom& and expenditure relaie to Continui￿ activities.
Tl* notes on pages 11 lo 14 part of It* financaal 31alements

Lionra Uladh Teo
IA company Ilmlt8d by guarant99, not havlng a shwr• capltafj
SUMMARY INCOME AND EXPENDITURE ACCOUNT
for the finanaal year ended 31 D￿rnber 2022
Statsm&nt of
Flnanclal Activities
2022
2021
Gross income
UnrestrirAed fiJrKIs
21,600
21,600
21,600
Total Income
Totsl expenditure
21,600
140,119)
21.600
(38,990)
Net incomel(expendlture)
(18,519
117,390)
The company has no recognised gains or108ge3 other than the results and &ish Ilows foi the financial year. The
r8sults for the finan(aal year have been cabjlated on the historKal cost basis.
The nobs on pw 1110 14 forn part ofthe financial slalements

Lionra Uladh Teo
IA company Ilmitsd by guarantee. not havlng a 5harn caplta
Company Number: N1611890
BALANCE SHEET
as at 310ecember 2022
2022
2021
Flxed Assets
Tangibl8 assets
1,667,308
1,703,663
Current Assets
Debtors
Cash at bank and in hand
24,722
96,871
51,648
52,109
121.693
103,757
Creditors: Amounts falllng duè wlthln one yoar
10
12,4471
12,447)
Not Current Assets
119,146
101,310
Totsl Assets less Currenl Liabilities
1,786,454
1.804,973
Funds
Endovrnenl funds
Incomg funds:
General fijnd (unreslrictsdl
1.718,376
1,754,730
11
68,079
50,243
Totsl funds
12
1,786,454
1,804.973
These flnancial stat8ments have been prepared in ar*x)rd8n￿ with Ihe stecial provisions relating to small
companies within Part 15 of the Companies Act 2LK)6.
For tha financial year ended 31 De￿mber 2022 the Djmp￿ry was entitled to exemption from audr( under section 477
of the Companies Act 2006; and no notica has been deposited unthr section 47B.
The trustees confimi that the rrEmber5 have not rewired the C[￿panY to obtain an audit of Its financial statements
for the financial year in question in accordance with section 476 of the Companies Act 20(￿.
The trustees acknowlefjge their responsibilities for ensuring that Ihe company keeps accounting reLx)rds which
comply with section 386 and for pr8paring ffinancial statements which give a true and fair view of Ihe glate of affair5 of
the =ompany as at the ènd of Ihe financial year and of its profit and loss for the financial year In accordants wllh tha
requirements of sections 394 and 395 and vthich 0￿￿lSe (x)mpW with the requirements of th8 Companies Act 2006
relating lo financial statements. so Pdr as appllcable to the ci)rnpany.
The financial stalements have been p￿pared in accotdancE wth the provisions appIl￿b￿ to companies subject to
the small companies, regime and in accordan￿ wth FRS 102 "The Financial Reporting Standard applicable in the
UK and Republic of Ireland,, applying Section 1A of that Sta￿lard.
Approved by the Board of Trustees and auth0ri38d for issue on 12 September 2023 and signed on its behalf
by
Dr P61 Mac Cana
Trustee
Aine Nic Geralli
Trustee
The notes on pages 1110 14 part of thè finandal slatements
10

Lionra Uladh Teo
IA company 11m1t￿ by guarant80, not havlny a shrdro caplt81)
NOTES TO THE FINANCIAL STATEMENTS
for the financlal yoar ended 31 De￿rnber 2022
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAifrrrY
The fallowing are th@ critical judgements arKI estimates that the Trustees have made in th@ process of
applying the charitV5 accountlng policies and th81 have the most Signifi￿nt efvct on the amounts recognlsed
in the financial statements..
Depreciation and us8fv1 Irves of TarwJible Fixed Assets
Th@ depreciation rates are based on usehjl INe5 of the relevant a￿ts. The estimates and
unthrfying assumptions are reviewed on an onwlng basis and could have a material impact on both the
results for the y@ar and th8 financial posltkjn if atter&d.
GENERAL INFORMATION
Llonra Uladh T80 is a company limited by guarante8 ino)rp)rated in Northèm Ireknd. The regiytered office of
the company is 30 SraKI Dhubhaise, Bear Feirste, Aontroim, BT12 4AL whith is also the principal plac@ of
business of the company The financial statements have been presented in Pound StÈrling (£) which is also
the ￿nCtIonal currency of the company.
SUMMARY OF SIGNIFICAKf ACCOUNTING POLICIES
The following accounting polrLies have been applied conslstsnty in dealing with items which are consid8r8d
material in ralation to the charity's flnancial statements.
Basls of preparatlon
The financial slatemants haNE b￿n prepared on the going ￿rI￿rn basis under thè historical cost
convention, modifjed to include ￿rtain items at fair value. The finanryal statements have been prepared in
accordanc8 wilh the St&tement of Recommend￿1 Practi￿ {SORPI 'Accountlng and Repo￿ng by Charitie5
preparitvJ their accounts in acurdance with the Finanual ReportiNJ Standard applicable in the UK and
Republic of Ireland FRS 102" applyi￿ Section 1A of that StaNlard.
As ￿mitted by the Companies Act 2006, the rxjmpany has varied the standard formats in that act for the
statement of Financial Acliviti"es and the Balan￿ Sheet Departures from the standard fomats are to CDmply
with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that
SORP.
Statement of compllancè
The financial ststements of the company for the financial year ended 31 December 2022 have been prepared
on the going conc£m basis and in 8ccordance with the Statement of Re¢(￿mended Practice ISORP)
'Ac￿Unting and Reporting by Charrties prepariro their accounts in accordan￿ with the Financial Reporting
Standard applicable in ts UK and Republic of IrelarKI FRS 102" applying Section 1A of that Standard.
Incoming Rosourcos
Voluntsry incom@ or capital is included in the Statoment of Fin8ncial Activities when th8 CDmpany is legal
entitled to it, its financial value can be QUantffi￿l with reasonable Bertainty and there 18 reasonable certainty
of its ultimate r￿1p1. Entitlement to legacies is cortsidered established when the company has been notified
of a distribution to be made by the ex¥utor5. Income ra￿1Ved in advan￿ of due perforrnan￿ under a
contract is accounted for a3 deferred 1Th￿me until eam8d. Grants for activitES ara reccKJnised as income
whèn the relsted condibons for legal ènlilkment have been met. All othÉr income is accounted for on an
accruals basis.
Rèsourc88 Expended
AJI resources expended are accounted for on an a￿rual8 basis. Charltable activiti@8 include costs Df servi￿9
and grants, support Costs and d8preciation on telatsd assets. Costs of generatirmj funds similarly Include
lundraising advities. Non41aff costs not atlributed to one category of activity are allocated or apportioned
pro-r818 to the staffing of Ihe relevant Se￿￿. Finan(*. HR. IT and administrative staff costs are directty
attributable to individual activities by obj'ective. Govemance costs are those associated wrf(h con51ilutional
and Statsrtory requirement5.
Tangibk flxed asspts and depreclatlon
Tangible fix&J assets are stat8J at cost or at valuation. less accumulated depreciation. The ch8rge to
depreciation is cakulated to write off the original cost or valuation of tangible fix8d assets, less their
estimated residual value, over their expected usefvl lives as follow￿.
2% stra￿h1 line
Long leasehold property
11

Llonra Uladh Teo
IA Eompany Ilmjted by yuarantre. not havlng a share ¢apllafi
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financial year eThJed 31 Dèc8mtr*r 2022
Deblors
Detstors are re￿gnised at the settlement amount due after any discount off8red. Prepayments are valued at
the amount prepaid net of any trade discounts due. Income recognised by the the company from governmant
agencies and olher co-fundets, but not yet r￿1Ved at year end, is included in debtors.
Ca9h al bank and in hand
Cash at bank and in hand ￿mpriseS cash on deposit at banks requirfng less than three month5 n0￿ce of
withdrawal.
Taxation
No ￿rrent or deferred laxatlon ari88s as the company has been granted charilabb exemption. Irrecoverable
valued added tax is expensed as incurred.
INCOME
OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
2022
2021
Other trading activities
21,600
21,600
21,60D
EXPENDITURE
CHAR ￿ABLE ACTIVITIES
Direct
Costs
Other
Costs
Support
C09ts
2022
2021
Governano cos
40,119
40.119
3B,9go
SUPPORT COSTS
Charitsble
Actlvitie8
2022
2021
INlependent Examinationl A￿lit Fees
Depreciation
Legal and other profe55ional fees
Bank Chargos
2.382
36,355
1.362
20
2,382
36,355
1,362
20
2,382
36,355
.193
Bo
40,119
40,119
38,990
ANALYSIS OF SUPPORT COSTS
2022
2021
Independenl Examinationl Audit Fees
Depreciation
Legal and other profe39ional fees
Bank Charges
2,382
3e,355
1.362
20
2,382
36,355
193
40.119
38,990
NET INCOMING RESOURCES
2022
2021
Net Incoming Resources arn stated aftpr chargingl(credltlng):
Dèpreciation of tangible assets
Independent Examinevs remuneration..
- independent examination servicEs
36,355
36,355
2,382
2,382
12

Llonra Uladh Teo
IA company limit&d by guarnnt89, not havln9 a capitaD
NOTES TO THE FINANCIAL STATEMENTS
continued
for the financlal year end￿1 31 December 2022
TANGIBLE FIXED ASSETS
Long
leasèhold
property
Total
Cost
At 31 Decemb8r 2022
1.817,694
1,817,694
Depreciation
At 1 January 2022
Charge for th@ financial year
114,031
36,355
114,031
36,355
At 31 Dec8mber 2022
150,386
150,386
Net book value
At 31 December 2022
1,667,308
1,667.308
At 31 De￿rnber 2021
1,703,663
1,703,663
DEBTORS
2022
2021
Trade debtors
Other debtar8
1,980
22,742
9,774
41,874
24,722
51,648
10.
CREDITORS
Amountg falling due wlthin one year
2022
2021
Acfnjals and deferred income
2,447
2,447
RESERVES
2022
2021
At the beginning of the year
Deficit for the financial year
1,804.973
(18,519)
1.822.363
(17,390)
At the end of the year
1,788,454
1,804,973
12.
FUNDS
12.1 RECONCILIATION OF MOVEhlENT IN FUNDS
Unrostricted Endowment
Funds
Funds
Total
Funds
At 1 January 2021
Movement during the finantial year
31.278
18,*5
1.791,085
136,355)
1.822.363
117,390)
Al 31 December 2021
Movementduring the fina[￿la1 yoar
50,243
17.836
1,754,730
136,355)
1,804,g73
118,519)
At 31 De￿mber 2022
6B,079
1,718,375
1,786,454
13

Lionra Uladh Teo
IA company limltgd by guarantse, not I￿vIng a shar• capltsl)
NOTES TO THE FINANCIAL STATEMENTS
continued
for the finanaal year ended 31 December 2022
12.2 ANALYSIS OF MoVEMEP￿s ON FUNOS
Balance
1 January
2022
Incomo Exponditure
Transfers
Balanco
betsyeen 31 Decembèr
fundg
2022
Endowment funds
Department lor Communities
An Ciste
Belfast City Council
Alpha Programme
Foras na GaelwJe
504,530
300,447
891,951
47.CQ6
10,706
10,454
6,225
18,481
973
222
494,076
294,222
873,470
46,123
10,484
1,754,730
36,355
1,718,375
Unreslrlcted funds
Unrestricted General
50.243
21,600
3,764
68,079
Total lundg
1.804.973
21,600
40,119
1,786,454
12.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- charlty usè
Current
a55ets
Current
Ilabllltlos
Total
Endowment capital
Permanent
1,667.308
53,514
12,4471
1,718,375
Unrèstricted general fuTrJs
68,079
68,079
1,667.308
121,593
12,447)
1.786,454
13.
STATUS
The company 18 limited by guarantee not having 8 share capital.
The liabilty of the members is limtted.
Every member of the company urwjertakes to contrtjute to the assets of the company In the event of its being
wound up while they are members, or within one year thereafter, for the paymant of the debts and liabilities
of the company contracted before they c8a5ed lo be members, and Ihe costs. charge5 and expenses of
winding up, and for thè adjustmenl of the rights of the contributors among themsefves, such amount as may
be requlred, nolaX￿dIng £ 1.
14.
RELA TED PARTY TRANSACTIONS
Raidio Failte Teo
Dr Pol Mac Cana. Aine Nic Gearailt, Gearoid O Caireaiiain Fergus O'Hare are dlr8ctoTr in both Llonra
Uladh Teo and Raidio Failte Teo.
As at 1 January 2022 there was a balan￿ owed from Raidio Failte Teo to Llonra Uladh Teo of £9,774.
During the reporting period there was net movement of £7,794.
As at 31 De￿rnber 2022 the￿ was a balance owgj from Llonra Uladh to Raidio Failte Tgo of £1,980.
15.
POST4ALANCE SHEEf EVENTS
There have been no slgnifjcant events af18Cting the company since t￿ financial year*nd.
14