DocLf81gn Envelope ID.. oBG99c84.C180-47F2.A5F833g12DE18G1 Croi Éanna Annual Report and Unaudited Financial Statements for the financial year ended 31 December 2024 Quarter Chart8rod Accountants st Annè's House 15 chUh Street Cathgdrdl Quarter B8lfa8t BT1 1PG Charity Number. 104826
Docusign Envelope ID.. OHC99C84-C180-47F2-A5F&833912DE18C1 Croi Éanna CONTENTS Pago Reference and Administrattve Information Trustees, Report ststement of Trustees, Responsibilitie$ Independent Examinerfs Report statement of Financial Aciivities 10 Balance Sheat N(rt6s to the Financial Slatements 12-17
Do19n Erwelow ID.. OBC99C84C18047F2-A5FN339120E18C1 Croi Éanna REFERENCE AND ADMINISTRATIVE INFORMATION Tru$tees James Donaldson Joanna Ktnn6ar padralg O C8allalgh Claran Mccavana Dara Mac Coille Niall Murphy Charlty Number in Northern Ireland 104825 Prlnclpal Address CIO Gaèlscoll Éanna Hightown Road Nowtownabb8y Antrim B T36 7AU Indèpèthlant Examlnar Quarter Chartered Aixxjuntants St Anne's House 15 Churth Street Cathedral Quarter Belfast BT11PG Prln¢lpal Bankèrs Bank of Ir81and 275- 279 Antrim Road BT36 7QN Ir8land Solicitors Gilmore Solicitors 50 Kennedy Way Belfast BT119AP
Docusign Envelope ID.. OBC99C84-c187F2-A5FB33pl2DE16Cl Croi Éanna TRUSTEES, REPORT for the flnanclal year ended 31 Décembèr 2024 Tr trustees presènt thelr Trustees, Report and thé unaudlted ffinancial ststemenls for the financial year ended 31 December 2024. Thg flnancial statements are prepared in accordance with thg Charities Act {Northem Irelarill 2008, FRS 102 Flnancial Reporting Standard appllcable in the UK and Republic of Ireland. and Accounting and Reporting by Charities: Stat6m6nt of R8commended Practice applicable to charities preparing their flnancial statements In accordanc8 With the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). The Trustse8' Rep)rt contsins the information required to be provldad In the Trustses, Annual Raport under the statsment of Recommended PractSce {SORP) guidellnes. The Irnstees of the company ar6 also charity Irustse8 for the purposo of charity law and under the companws ¢onstltution are known as rnémbers of lh6 board oftrustees. In this reFX)rt the trustees of Crol Éanna present a summary of Its purp)se. gov8rnanc&, activities, achievomonts and finances for the financial fi'nandal year 31 D8c8mber 2024. The charity Is s wlstered charty and hen¢% the report and rasults are presented in a forrn whlch complies with the requirements of the Charitles Act (Northern Ir8land) 2008 and, although not obliged to Gomply th the Statement of Recommended Practlc8 applicable in the UK and Republic of Ireland FRS 102, the organisatim has implemented its reoommèndal'ons where relevant in the88 financlal statemen Mlsslon, ObJectlve8 and Slrategy Mlsslon Stst8ment In ordgr to achieve a cohesive way fomard far Pobal Éanna, the Slon and mlsslon of all four individual organisations wgre synergised in the 2017 Pobal Éanna development plan b crèata one volce going forward. Th8 new overarching vision and mission of all of illdendent but Interdependent organlsatlons wlthln Pobal Éanna ar8.. Vision.. A eonfldent, vibrant, indusive and prosparous Irish language CDThmunily loo¥ied in the townland of allyboughl. Mission: To provld8 developm8nt218upport to meet the sporting. educationol and communlty devolopment 9vidanc8d néèds of th8 growing Irish language community in th8 townland of Ballybought. The ovwarching vision and mission developed su¢cessfiJlly captures the asplralon of tha CrOI Éanna to deliver strong tran8formalive communily development outcomes. Otsje¢tive¥ Strucluro, Govornanco and Management Struciur Ballybought, a townland on th8 north side of the Cave Hill, Is home to a small, thriving Irlsh Langua98 community whose need8 ar8 ruentlY met through the services provided by Pobal Éanna, an umbrella concq)t which con8isls of the four independent but interdependent, organisatlons as shown below.. Pobal Éanna - CLG Naomh Éanng Nai$wil aThJ Gaelscoll Éanna Crol Eanna - Cumann 08 Éanna CLG Naomh Éanna is the origlnal and largest organlsation wllhin Pobal Éanna. It is was 8Stabllshed in 1956 by a Small band of committed Gae18 who, right from tho beglnnlng, considered thé dev8lopm8nt of th& Irish language to be of high importance, despite living in a very hosllle enrOnment Naomh Éanna ha8 gon8 from strength to sbBnglh and now boasts almost 1000 member8, 7cM) ofthom are underthe ag6 of eighteén. As a second generalon of Gaels r8ach&J adulthood and consid8red raising th6w own families. the commitment to Irish medlum educatlon of the slta d8V8Iop8d and in September 2004 Nalscoll Éanna opened it5 doors wlth Gaelscoll Éanna followirKJ in Septamb8r 2007.The staff and volunteer board of Nalscoll and Gaelscoil have develop&J the academtc and pastoral wutation of toth to the point that they now collectlvdy educate 250 pupils.
Doou¥lgn Envelope ID.. OBC99C84-C18(k47F2-A5FH-833912DE18C1 Croi Éanna TRUSTEES, REPORT for the finanrial year ended 31 December 2024 In 2008 it becamo apparent that if the Pobal Éanna was to succeed It would be necessary to provide developmenlal support to the growing communlty needs of the chlldren and parents involved wilh Naomh. Nalscoll and Ga8lscoil Èanna. A$ a direct r8sponse to thès8 amèrglng naèds, Crol É8nn8 was formed to d81iv8r a range of community development servlcès to the growlng Irish Langua06 Community. Crol Èanna 18 estsblished to establish and support the growing Irish Language Cornmunlty In Its locallty. Grol Éanna also advances and dlssemlnates knowledge of the Irish language and culture through exlra-currlcular clas88s and events. These are held usualty during evenings and waekènds, Crol Eanna is not politically mollvatad or Influencad and do&s not provide scholarships for named Indlvlduals or founder'8 kln. Tha benghls of Crol Éanna's purposes are intended for the publlc in generdl. Although id8nlify that the 8&Ction of th8 publio that can ben8fit from the charfty is th8 Sèction of people who intend to 18am more about the Irish language aiid culture. A comfflon characteristic shared by the intsrest in delivering community led and based servi$ through the medium of Itish. The l11¥1dals we engage with mainly corne from the immediate North Belfast end South Antrlm area, although it shoukl be noled that because of Ihe emphasis Crol Éanna places on developing cros5-communSty Ilnkages, we have participants from 8 range of community background5 a1 from a wlde geographlcal catchment area induding Larne, Carrickfergu8. Portrush, Hollywood and Newry. The benefit flowlng dlrectly from the charity's purposes is demortstrable to and ben9ficial for thè gèneral publlc. Tha familles and individuals who take part in Crol Éanna aclivities are dlrèctly affected by thos8 activities, (for exampl8 language classes and hearing spok9n Irish at culLural enIs>, in a posltfve way. Thalr dtsposillon to the Irish language is changed, th8ir general education is improved and th8ir appffjcialion of Irish language and cultur8 is increased. This in turn ha8 a beneficial and secondary effect on future generations and on Ihe S8Ction ol publtc have not directly been invo5v8d in the relev&nt 8V8nts and activitie5. Th8re 18 a direct, indir8Ct and wider benefit r8sulting Irom the charity's work. The benefit is mea8urabla by- - the number of aitendees at classes and events 8talutory statistical dats, - the standard of Irish used by its users. Non-me8surable dlrecl consequences of the charkty's objects Include the sense of communlty and identity that is anecéotally returned to the charity. Private bènefit is Incidental. Some tutors and tèachers for example receiv8 compen8ation for th8ir work. This is a necessary transaction to support the charltys s8rvlc8 to the publi& There may b8 an incidental enhancement of the raputation of said tutors and t@ach& as a result of them carrying out the work of Crol Éanna. The additional outcomes, the Ihing8 that hav8 changed as a SuIt of the Work undertaken by the organisation are,, - The advanc8ment of capacity through informal and formal communty led education projects An increa88d sense of plac@ The advanc8ment of ¢itiz8llship or community development - The adwancement of the arts, culture, heritage or scien - The advancement of enmronmental protection or improvement The charftie8 beneficiaries fall into the following five main ¢gtegorias - Pre sthoo5 { 0-5) Children {5-13 y8ar olds) - Youth114-25 yèar olésl Languagè community Oldér p8opl@ Our servicé& are run through five main themes.. Theme One.. Languag8 Developm8nt - weekly introduction to Irish taster Dutreach sessions - weekly bunrang classes. iwo each week over three academic terms - Weekly nanrang classes, one each week over three academic temis - weekly ardrang classes, one each week over Ihre9 academic tems
DorAJslgn Envelope ID: OBC99c84C147F2-A5F8-833912DEl8C1 Croi Éanna TRUSTEES. REPORT for the financial year ended 31 Dmber 2024 - 4 quarterly Dianchursa each [h 4 cl835 levèls lrfsh Language child carer provlsion - 24 Parent and toddlor cla8se$ - Wraparound school provislon - Summer Scheme Them6 Two.. Arts and Culture D6vèlopm6nt - 1 month of Seacht na Gaallge events 1 annual Feis involwng 10 local bunlGae18c4!il and English Medium Primary schools - Develcymenlal support provided to Naomh Eanna in their Scor na nog preparations Develcymanlal support provided lo Naomh Éanna In their Scor Sinsir prepar8tlons Theme Three.. Health and Wellbeiiig - 311 each academic tsnn) mentsl health and wellbeing awareness evant - 311 each academic tem)) physical health and wellbelng awar8ness event Theme Four.. Community Inclusion 3 large scale seasonal community ¢oheslon events 3 school sports events, ensuring developmental angagement with a rninimum of 10 bunlGaelscoil, - Wcrklng lunthes held in a city centre lotion - 4 famlly events - 3 cultural exprasslon @vents Theme Flve.. Environmental Protection and Enhancem8nt - Weèkly gardening d8ss8s, on8 each week over Ihree academic terms - Planting of native specres trees. - 30 (w8ekly weather and holidays permlttingl hill walks 16 Partnership Working Crol Éanna are commitiad to collaborative working and to that 8nd actively undertak8 regular engagement with a range of statutory and community partsrs. Durlng the past year we have engaged wilh Ihe following external OTggnisations'. - Anlrfm & Newtownabbey Borough Council - The Department for Communities {DfCI - Thé Ex8CUtlv8 Offtce (TEOI - Thé Department of Education IDE) - Tha Public Pl8alth Agency - Glor na Gna81 Foras Na Gaeilge - An Ciste Infheistlo¢hts Gaellge - Antrim and NewEownabbey Language FONM - Conr&Jh Na Gaellge Camtogher Gael Linn - Culturtha Mic R9a¢htan - Culturtann McAdam O Flaich - Turas - Glor na Mona Flnanclal Rovlew The results for th8 financial financial year are set out on page and additional nolè8 are provid1 shwng incom8 and expendituro In greater detail. Re8uIts and Dlvldendg At the end of the fin8n¢ial year the chartty has assets of £1,797,913 (2023 £1,854,846> and liabllltles of £3,158 12023 - £3,029). Thè net assets of the charity have deuèas8d by £157,060). In accordance with the Constitution, the trustèas r6tir8 by rotigtion and, being oliglble, offer themselves for re-alectlon. Compllanco wlth sectorlIde Logl8latlon and Standards The charity 8ngages pro-actively w¢th legislation. stsndards and codes whlch ara developed for Iha S8Ctor. Crol Éanna subscribes to and is compliant Ihe following: The Charities SORP (FRS 1021
Docuslgn Enveloptt ID: oBc984-C18[k47F2-A5F339l2t)18Cl Crof Éanna TRUSTEES, REPORT for the financial year ended 31 December 2024 Approved by the Board of Trustsos on 15 October 2025 and slgned on Its behalf by: Jame8 Donald80n Tru8te8
Docuslgn Enve(opo ID.. 0BC99Cc18(H7F2-AsF&833S12t)E18l Croi Éanna STATEMENT OF TRUSTEES, RESPONSIBILITIES forthe finanual yearendod 31 December 2024 The trustses are responslble for preparing the financlal statements In accordance with appllcabte law and regulatlons. The law apIcabl9 to charilles In Northem ItBland requires thé trusta8S to prepare financi81 statements for each financial year which give a true and falr vlew of the a%sets, liabilleS and financial position of thg charity as at the flnancial year end date and of the surplus or daficlt ()f tha thariiy and oth91$e comply with the Charfties Act (Northern Ireland) 2008. n prèparing these finanal statèments, the trustees are required to.. Selecl Suitable accountlng policies and apply them consistsntly., ObSee the m8thods and principle8 in the Charities SORP make judgements and accounting estimates that are reasonatrAe and prudent., stat8 whslher Ihe financial statements have been prepared in accordanca wllh appllcable accountlng standarfs, identify those stsndards. and nots the effect and the reasons for any matérlal departure trom those standas,. and prepare the finan¢lal stslements on the going concern basis unless It Is Inappropriatg to presume that the charity will continue In operatlon. The truste98 ¢onfirm that they have complled wlth Ihé abov6 r8quiramenÉs in pr&paring the finandal Statements, Th6 tmstees are respor6lble for kèaplng adoquat8 accounting records that ar8 suflicient to show and explain the charws transactions dlsclose wlth r8asonable a¢¢uracy at any tim8 the ffinanual positlon of the charity and enable them to 8nsure that th8 finanaal siaÉements compty with th8 Charities Aci (Northern Ireland) 2008. They are also responsible for safeguarding th8 assets of the charity and hence for laking reasonable step5 for the prevention and deteCtIL of fraud arnl other irregularitieg. Approvad by the Board of Trustee¥ on 15 October 2025 and signed on Its beholf by: James Donaldp*on T6t8•
Docuglgn Envelope ID.. OBC99C84-C180-47F2-A6FB-833912DE1801 Croi Éanna INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF CROI ÉANNA Wé hav8 examlned th6 financlal statam8nt8 of th6 charlty for th8 financial year ded 31 December 2024, which compris8 the Stat8m&nt of Financial Aclivit16S. th6 Balance Sheet and the related notes. This report is made so181y to the charity's m8mbers, a8 a body. in accordance with the Charltles Act (Northern Ireland) 2008. Our work has be@n undertaken so that we might Compile the financial statements that we have beon engaged to compile, report to the Board cf Trustees that we have done sc, and state those malters that we have agreed to state to them in this report and for no other purpose. To the fullest extgnt P9rmftted by law, wa do not accèpt or assume responsibility to anyone other than the charity and the charivs members, as 8 body, for our work, or for this report, Respactfvo rosponslbllltlos of trustsos and oxamlnor The chanty's trustees are responsibl8 for the preparation of th8 financlal statèmants In accordance with the requirem8nts of the Charities Act (Northern Ireland) 2008. The chaiitys tru8te88 consider that an audit 18 nol required for this financial yaar under thè Charities Act (Northèrn Ireland) 2008 and that an independent examination is required. It is our responsibility to.. examine the financial 5tstements under section 85 of the Charilles Act., follow the prOdure9 lald down by the general Directions given by the Charity Commlsslon for Northem Ireland under section 65(9llb) of the Charitles Act,, an state whether particular matters have come to our attenllon. Basls of Independent examIne8 report Wè hsva examlned your charlty financlal statemants as r8qulr8d uM18r s8Ctlon 65 of th8 Charitie8 Act and our 8xamlnatlon was cathed out In accordance with the g8neral Directions giv8n by the Gharity Commission for North8rn lrnland under section 65{9}(bl of the Chariti8s Act. An examination include8 a review of th8 accounting records kept by the charity and a comparison of the financial 8tatements pr888ntgd with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the tru8t8es concerning any such matters. Th8 procedur8s und8rtaken do nol provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and falr, eW and the report is limited to those malters sel out in the statement below. In connection with our examination, no matter has come to our attentlon whlch glves us cause to believe that in, any material respect. accounllng records were not kept in accordance with section 83 of the Charities Act the fi'nancial statmentS do not accord with thos& accounting rècords the ftnanpial ststements have not been prepared In accordanc& with th8 Statement of Recommend8d Practi applicabla to charltlas preparing thelr accounts In accordanca with th6 Financial Reporting Standard applicable in the UK and Rapubllc of Iraland (FRS102) there is furMer information needed lor a proper understanding of the accounts to be reached. Indep8ndent examlnerfs Statgment We have no concarns and have come across no other matt8rs in connection with the examination to which allention 8hould b0 drawn in this report in order to enable a proper understanding of the financial statements to be reached. ary MoEile QUARTER Chartered pXntlIS St Ann8b Hou88 15 chu Slr¢ot Cathedral Q(wthr Belfast BT1 1PG Data: 15 Octobor 2025
Docusign Envelope ID.. OBC99C84-C18047F2-ASFB-833912DE18C1
Docu81gn Envelope ID: 0BC99C84i180.47F2-A5F339l2DE1UC1 Croi Éanna BALANCE SHEET as at 31 D8cembgr 2024 2024 2023 Not85 Flxad Assets Tangibl8 ass818 1,693,922 1,748,592 Cuffont As89ts Deblors Cash atbank and In hand 67,000 36.991 33,500 72,754 103.991 106,254 Crodftors: Amounts falllng dua wlthln one year 10 (3,156) (3,029) Net Current As$8ts 100.835 103,225 Total A8SQts le8s Current Llabilltl98 1,794,757 1.851.817 Fund8 Endowment fund8 Income funds: General fund lunrestrtcted) 1.581,576 1.748,592 12 213,182 103,225 Total funds 13 1.794,757 1.851,817 Th8 financial stat8m6nts hav& baan prepared in accordan with the provlsions appllcable to companies subject to th8 small companies, regime and In accoKJanc8 wlth FRS 102 Tha Flnanclal Reporting Slandard applkable In the UK and Republic of Ireland applying S8Ction 1A of that standard. Approvgd by the Board of Tru8ts85 and authorl88d for Issuo on 15 Octobor 2025 and slgnod on Its bohalf by James Donaldson Trustee The notes on page5 12 10 17 fomi part of the Inanclal statements 11
Docuslgn Envelope ID: OBC99C84-C18047F2-ASF&833912DE18CI Crol Éanna NOTES TO THE FINANCIAL STATEMENTS for th8 financial year ended 31 December 2024 GENERAL INFORMATION Crol Éanna is a regi8ter8d charity in Ireland. The rggislerexl offlce of the company is CIO Gaelscoil Éanna. Hightown Road. N6Wtownabb8y, Antrim. BT38 7AU which is also the prlnapal plac6 of busin88s of the company Tha finaneAal statements have been presented in Pound (£) which is also Iha functional curroncy of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied ojnslslantty in dealing wlth items whtch are considered material in relation to the charivs financlal statem&nts. Basis of preparatlon The financial statements have been prepared on th8 going nCeffl basis under the historical cost convention, mtsllfied to inolude eertaln items at fair value. The finan¢ial statements have been prepared In accorda8 with the Statemgnt of Recommended Practice ISORPI "Accounting and Reportlng by Charities preparing their aco)unts In accordanc6 with the Finanal Reporting Stsndard applicable In the UK and R8public of Ir8land FRS 102,. applying Section 1A of that standard. As patThitted by the Companies Act 2006, the charily has varled the standard fomiat3 in that act for the statement of Flnancial Activilies and the Balano Sheet DepartUS from th8 Standard formats are to comply with the requirements of the Charities SORP and are in cotNplianc8 wllh Section 4.7, 10.e and 15.2 of that SORP. statement of compliance The financial statements of the charity for th8 financial year ended 31 Dember 2017 have been prepared on the golng concem basis and In alxordance with th8 Statement of Recommended Practi¢8 (SORP) "Accountlng and Repcdng by chalieS praparing their accounts in a¢¢ordance the Fin8nclal Reporting StaJard applicsble In the UK and Republic of Ireland FRS 102 applying Secdon 1A of that standard. Fund accountlng Th8 following are the cabJories of funds MntaIned. Restricted fundg Restricted funds represent Incorne received whlth can onty b8 u8ed for particular pU0$e$, as spedfied by the donors. Such purposes are within thg overall obl8ctives of th8 tharily. Unre$tricted funds Unrestricted funds consisl of G8n8ral and Designated funds. - General ndS r6present 8rnounls which are expendable at the discretion of the board. in rtheran of the objectives of th8 charity. DasignateAI fund8 comprise unrestrlcted funds that the board has, at Its dlscration, set aside for particular purposes. Th8se de8ignalion3 have an administratlve pu089 only, and do nol 18gally restrict the board's discretion to appty the fund, Income Income is recognlsed by inclusion In the Statsmenl of Financial Actlvltles only when the charty 1$ legally entitled to tha Income, performanca condltions attached to the item(81 of Income have b6en met, th8 amounts involved can measured wllh sufficiant reliability and It Is probable that th6 Income will b8 rec8ived by the tharity. Income from charitable a¢tlvitle8 Incom8 from charitable activities include Incoma éamèd from thg Supply of s8rvi(s under conlractual arrang8ments and from perfomance related granls whith have conditions that specify the provision of particular sorvi5 to bo provided by the ChaY. Income frcffl govemment and olher co-funders Is reccJnised when the ¢harity is logally enlilled to the inGom8 b8cau8e it is fulfilling th8 conditions contslned In the related funding agreements. er6 a grant Is r8C8ived in advance. its regnitIon is daferred and included In credltors. Where entitlament occurs b8fore ine¢Jm6 is recA8ived, it 18 in debtors. Grants from governments and othar eo-funders typically include one of the fr>llowing types of conditions.. - P8rfonnanc8 based ojnditions: whereby the Charlty Is COntralty entitled to funding only to th8 8Xt8nt that the CA)re oiy8Ctiv8s ofthe grant agro$ment are achieved. Wharè th8 charity is meeting th8 core d)jectives of grant agreemenl, it recognises the related eXpendir8, to th8 8Xt8nt that il is reimbursable by the donor, gs 12
Docuslgn Envelopo ID: QBC99C84-C18(i47F2-A6FB-633912DE18C1 eontinued Crol Éanna NOTES TO THE FINANCIAL STATEMENTS for tha tlnanclal yaar ended 31 D9cembgr 2024 income. -Twne ba8ed conditions: whereby th8 oharlty 18 contractually entitlad lo fundlng on thè condltlon that ft is ulilised in a particular period. In th8se cases th8 charity r&cognlses th6 Incoma to the extent It Is utills8d within the pertod specified in tho ggreem&nt In the absen of such condltlons, assuming that receipt 18 probable and thg amount can be reliably measured, grant income is reo)gnised once the Charity is notified of entitlement, Grants reC@ed towards caplta] expenditure are credited to the Statement of FinanrAal Activities when recaivèd or receivable, whi¢hev8r is earllor. Expendlture Expenditure is analysed beiween c05ts of charitabl8 activities and raising fund8. The costs of each activity ar separatsly accurnulated and disclosed, and analysed according to their major components. Expenditure is recognlsed when a legal or oonstruclive obligation exists as a result of a past event, a transfer of economic benefits is requlred In settlement and the amount of the obligation ¢an be rellably measured. Support Costs are those fijnctions that asslst the work of the Charity but cannot be attributed to one activity. Such costs are allocated to aotlvlties In proportton to staff time spent or other sultable measur6 for each adtvlty, Tangible fixed a888ts and doproclatlon Tangible fixed assots ar8 Stated at CO8t Dr al valuation, less acLumulatsd d8preciation. Th8 charg8 to deprecialion is calculated to wrtt8 off the original cost or valuation of tsngible fixed ass8ts.18SS their estimated residual value, over their expected us8lul liv&s as follows.. Land and bulldlngs froehold Fbctures, fittings and equlpmgnt 2% Straight line Reducing Balance D8btor8 D8btors are r8cogni8ed at th6 s8tt18m8nt amount duè after any dlscounl Dffèred. Prepaymènts are valued at the amount prepaid net of any trade discounts du8. Incc*Y)e r6cognlsed by tha charlty Irom governmènt ag&nci85 other co-funders, but not yet received at year end, is Includ8d in d8btors. Cash at bank and in hand Cash at bank and in hand compris6s cash on deposit at banks r6yuiring less than thr88 months notlC8 of withdrawal. Taxatlon and deferred tsxatlon No curr8nt or def6rrèd taxation arises as the charity has been granted charithle exemption. Irrecoverable valued added tax is expensed as Incurred. Dgferr8d tax is recognised In Trspact of all timlng differ8nces Ihat have originatsd but not rarSed at the balance she8t date wh8re tran8actions or events hav8 occurred at that date that will result in an obligation to pay more tax in the future, Dr a right to pay less tax in the fvture. Timing differ8nc8$ are temporary differ&nces beiween the company's taxable profits and its results a8 St8ted in the financial Statements. Deferred tax Is measured on an undiscDunt8d basis at tho tax rates thal are gnticipated to apply in the peri¢)ds in which the timing differences are expected to verSe, basod on tax rates and law$ that havo boen enacted or subslantlvely enacted by the balance sheet date. INCOME DONATIONS AND LEGACIES Unrestrlcted Restrl¢ted Funds Funds 2024 2023 Donatlons and lègacies 81,132 81.132 ,630 CHARITABLE ACTIVITIES Unrestrlcted Restrlctsd Fund8 Fund8 2024 2023 Grnnts from governrnents and other co4unders: Income from charltable activities 67,430 67,430 65,290 13
Docuslgn Envelope ID.. OBC99C84i18Q47F2-A5FB-833912DEII3C1 continuaj Croi Éanna NOTES TO THE FINANCIAL STATEMENTS forthe finanaal yaar ended 31 De¢ernb6r 2024 OTHER TRADING ACTIVITIES Unrestrfcted Restricted Funds Funds 2024 2023 othar trading activiti93 33,61)0 33,500 88,434 EXPENDITURE CHARITABLE ACTIVITIES Dlroct Costs Other Costs Support C08ts 2023 Expenditure on charitable activites 20,508 49,868 114,076 184,462 174,173 OTHER EXPENDITURE Direct Other Costs Support Costs 2024 2023 Other expenditure 54,670 54,670 59,117 &3 SUPPORT COSTS Charltable Actlvltl88 2024 2023 Wages & Salaries 114,076 114,076 127.443 ANALYSIS OF SUPPORT COSTS 2024 2023 Wages & Salatie 114,076 127,443 NET INCOME 2024 2023 Net Incoma Is stated after charglngl(creditingl: Dapréclation of tangible 888ets 64,670 59,117 14
Docu81gn Envelope ID: OBC99C844180-47F2-ASFB-833912DE18C1 contlnued Croi Éanna NOTES TO THE FINANCIAL STATEMENTS for the financial yaar ended 31 D8cemb8r 2024 EMPLOYEES AND REIIIUNERATION Number of employeeg No amployaé had r8munerationl benefits in excess of£60,000, The chartty trustees wera not pad nor rèoived any other benefit during the financial year ended 31st December 2024. Th@ av8rage number of rSon8 amployed (inoluding exgcullv& trustges) during th8 financial year was as foHow8'. 2024 Number 2023 Number Average Number of Emplcyeos Tha staff costs eomprisg.. 2024 2023 Wages and salaries Social security costs Pension costs qOD.601 2,677 10,898 109,593 3,905 13,945 114,076 127,443 TANGIBLE FIXED ASSETS Land and Fixtures, buildingg fltting$ and freehold oqulpment Total Cost Al 31 D8cemb6r 2024 1,844.053 134.443 1.978,496 Depreciation At 1 January 2024 Charge for the financial ygar 184,407 36,881 45,497 17,789 229,904 54,670 Al 31 Drnber 2024 221,288 63,286 284,574 Net book value At 31 December 2024 1,622,765 71,157 1,693,922 At 31 December 2023 1.859,646 88,946 1,748.592 DEBTORS 2024 2023 Other debtors 67,000 33.500 67,000 33,500 10. CREDITORS Amounts lalllng due withln one year 2024 2023 raxation and social security costs (Note 111 othèr creditors Accruals and dèferrèd incom9 518 138 2,500 490 39 2,500 3.156 3,029 15
Docu8ign Envelope ID.. OBC99C84-C18047F2-A5FB-833912DE1BC1 ntinued Crol Éanna NOTES TO THE FINANCIAL STATEMENTS for the flnancial year ended 31 Dtsmber 2024 11. TAXATION AND SOCIAL SECLIRITY 2024 2023 Credltor8: PAYE I NI 518 12. RESERVES 2024 2023 At the beginning of the year (D@fi¢itySurplus for the financial year 1,851,817 (57,060) 1,840,753 11,064 At thè end of the year 1,794,757 1,8S1,817 13. FUNDS 13.1 RECONGILIA TION OF MOVEMENT IN FUND5 Unrestrlctod Endowment Funds Funds Total Fundg At 1 January 2023 Movement during the flnandal year 152,395 149,170) 1,669,401 79,191 1,840,753 11,064 At 31 D8(*mber 2023 Movement during the financial y8ar 103,225 109,957 1,748,592 1167,017) 1,851.817 157,0601 At 31 D9mber 2024 213,182 1,581,S75 1.794,757 13.2 ANALY818 OF MOVEMENTS ON FUNDS Balanc8 1 January 2024 Incomo Expendlture Trangfer8 Balanco between 31 Decernber funds 2024 Endowment funds SIF Capltal An Clste DFC Capiial 1,344,377 388,020 18,195 27,924 8.060 897 (98,903) (28,630) 12,803) 1,217,550 351.330 12,e95 1,748,592 36.881 1130,1361 1,581,575 Other Grants Fora8 na Gaoilge DOH 28.400 35.313 3,717 28,400 35,313 3,717 67,430 67,430 Unrestrf¢tsd fund8 Unrestri¢t8d G8n8ral 103,225 114.632 134.811 130,136 213,182 Total fund8 1,851,817 182,062 239,122 1,794,757 16
Docuslgn Envek)pè ID: OBCggC84-C180-47F2-A5FM33912DE18C1 ntinuod Croi Éanna NOTES TO THE FINANCIAL STATEMENTS forth& financial year ended 31 Dec8mber 2024 13.3 ANALYSIS OF NET ASSEf8 BY FUND Flxed assets charlty u80 Current assets Currgnt Ilabllltles Total Endowm8nt capltal P8mlanI 1,581,575 1,581,575 Unrestrictigd g6neral funds 112.347 103,991 13,1561 213,182 1,893,922 103,991 (3,1561 1,794,767 14. POST.BALANCE SHEET EVENTS There have been no significant events 8ffecttng tha Charliy slnca the financial year-end. 17