Charity registration number NIC105703 Company reglstratlon number N1607934 {Northern Ireland) COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) LEGAL AND ADMINISTRATIVE INFORMATION Trustees STEPHEN WALLACE DAVID KENNEDY (Appointed 28 February 20231 Secretary BRIAN CAHALANE Charlty number NIC105703 Company number N1607934 Roglstared office 15F GLENAVY ROAD CRUMLIN CO. ANTRIM BT29 4LA Independent examlner KEARNEY & CO DONEGALL HOUSE 2ND FLOOR 98-102 DONEGALL STREET BELFAST BT12GW
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) CONTENTS Page Trustees, report Independent examiner's report Statement of flnanclal actlvltles Balance sheet Notes to the financial statements 8-16
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 AUGUST 2022 The trustees present their annual report and financial statements for the year ended 31 August 2022 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statemenls of the charity for the year ended 31st Augusl 2021. The truslees have adopted the provisions of Accounting and Reporting by Charities.. Statemènt of Recommended Practice applicable to charities pr8paring their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 st January 2015) Objectlves and actlvllles Coisle Ghaeloideachais Chromghlinn6 ICGC) promotes the use of the Irish language ané Irish culture in the Crumlin area, this area has high levels of social isolation and is affected by a widespread Shortage of communily facilities. CGC seeks to provide services focused on the Irish language in order to benefit children, families and extended families in consolidating the learning and development of the Irish language and the development of sensitivity and insight inlo other cultural traditions. Slgnlflcant actlvltles CGC benefits the local community through the activities promoled in ils management of NalonralNalscoil Ghleann Darach and in its support to Gaelscoil Ghleann Darach. NalonralNalscoil Ghleann Darach provides a much needed, voluntary non-denominational pre-school playgroup facility for 34-year-old children through the medium of the Irish language. We welcome Ghildren from all communities and are the only voluntary provider for children in their penultimate school year in the local area. The Nalscoil, which is hosled in the family centre (lonad Teaghlai9h Ghle8nn Darach) continues to flourish, catering for the educational and developmental needs of 24 children 8nd employing 2 staff (Bemle Reld and Seana Mccabe). CGC oversee the day to day running of the Family Centre, lonad Teaghlaigh Ghleann Darach. This caters for Ihe needs of the community in Crumlin and the surrounding areas. The overall aim of the centre is to deliver a range of educational and community programmes throughout the year. These activities play an integral part in th6 maintenance of a community spirit within Crumlin and include Irish language and music classes, youth facililies, conference facilities, drama aclivilies, educational attainment and employability sessions. The CGC contlnue to work closely with other local groups within the wider Crumlin area to organise events to raise the profile of the Irish language within the local community and fundraise. Thanks to all those who hav8 SUPPOrted these evenls and we would also like to acknowledge those who have worked very hard to ensure all these events were successful and enjoyable. Publlc beneflt The trustees believe that th6 organisalion provides a public benefit through its efforts to promote community development and the Irish language. This is achieved by undertaking a range of projects within its local community. The trustees are fully aware of the guidelines from the Charity Commission for Northern Ireland to comply with the Charities Act {NII 2008, and believe they are operating entirely wilhin those guidelines.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Flnanclal review In October 2021, we held our first in-door event from pre-covid days. Children from the Gaelscoil and other SGhool6 enjoyed a great Halloween disco which raised much needed funds for the lonad. In November we worked alongside council and Crumlin Residents Collective to provide families in need with food and fuel during the pandemic. Wth a rise in Covid numbers, and the introduction of restrictions this caused a fear within families to socialis8. Our numbers for the Caifé and classes dropped rapidly. In February of that year we have now re-opened the Caifé as a coffee dock selling pre-made sandwiches scones and tray bakes. We will continue to run the Caifé on the basis of an additional aspect of our classes and events here at the family centre, as il would Senseless lo try and compete wlth maln street coffee shops and would contradict with the aims and objectives of the organisalion as a whole. The Department of Communities awarded £30k ané the work was completed by March 2022. This paid for a new floor for the halla, new outdoor equipment for both Nalscoil and Caifé. a list of repairs to Nalscoil and the long-awaited repairs of the roof. In the summer of 2022, we held two summer schemes, and were awarded festivals grant from Peace IV for the month ofAugusl to run a Pagan Luna5a Festival. During the months of March through to June 2022 we used the DFC Capital Grant of £23,000 to repair the roof which had been leaking for the pr&vious five years. As it lurned out the roof was never fully completed from the original build. A partially new roof was filled. We also had a new floor laid in the halla m6r, an outdoor awning ai the front of the building, 6 picnic benches, outdoor play equipment for the Nalscoil garden and general repairs lo doors and locks to the inside of the building and Nalscoil. In the first quarter of 2022 staff worked on promotions. offers and daily advertising through soclal media lo 8ncourage numbers into the new Caifé. Other than set times of activities and 8vents the Caifé struggled to get numbers. In June because of a lack of finance lo fund a 'rest8urant' type Calfé we changed to a coffee dock setving s¢one8 and Iraybakes. From July, in line with the ethos of lonad Teaghlaigh Ghleann Darach and Coiste Ghaeloideachas Chromghlinne, our focus continued to be on the promotion of Irish language and culture and on forging links and working relalionships with other community groups and key stakeholders in the area. At present we work closely with Naomh Séamas CLG, Crumlin United and Crumlln Men's Shed. We have also now secured working relationshlps with Crumlin Angling Association and Lough Neagh Boating Heritage Boating Association. This helps us further the objectives as defined in our constitution and also enables us to score higher poinls when applying for community grants. 62 children participated in our summer scheme in a range of activities (through the medium of Irish and bilingually) including yoga, pizza-making, sport, arts & crafts, treasure hunts. and a trip lo Tannaghmore Gardens & Animal Farm during the week-long summer scheme which was deemed by children and parents to bg a huge success, and an opportunity for children to continué with their Irish language education outside of school. Volunteers from Crumlin Men's Shed pul up our polytunnel in July 2022. They also donated a planter and painted some of our outdoor structures in the play area in preparation for Féile Lughnasadh. They are commilted lo advising and engaging with us in the maintenance of the polylunnel as a long-term project We have since applied for a grant from the Community Foundation which will enable us lo develop this further. A family festival was held in August 8nd was inspired by the ancient pagan and Celtic tradition which marks the end of summer and the beginning of the harvest S8ason. The one-day ev6nt included face-painling and a bouncy castle for young children, Irish dancing in the main hall and four hours of traditional and other music on the outdoor stage. We offered a range of international cuisine representing the diversity of communities in Crumlin. Children from the local GAA and soccer clubs participated in a sports blilz and we included archery to represent one of the ancient games of Ireland. Margaret Mccann, a local artist, who specialises in pagan and historical costumes provided the decoralions and artwork and greeted visitors in character. In addition, members of the Lough Neagh Heritage Boaling Association came to showcase their skills in the ancient crafts of boat building and weaving. The event exceeded our expectations, in lerms of numbers of visitors (estimated to be between 250-300 people throughout the day) and in the positive feedback we received. A series of talks included in the festival programme was re-scheduled for Qclober.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Governlng document The charity is controlled by its govèrning document, 8 deed oftrust. and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Inductlon and tralnlng of new trustees During the period under review the committee met monthly. Naw members are appointed by nominations made in writing by any existing m6mbers. At the General Meeling members are appointed by election. Risk managemont The principles of good governance are embedded within all aspects of Coiste Ghaeloideachas Chromghlinne's operations with managemenl and staff being keenly aware of the Boards responsibility of ensuring that th8 organisalion protects itself from financial exposure and reputational damage, A close working relationship is maintained between the Board and managements lo ensure that eperationally staff are aware of the standards required of them by the Board and the Board are always in a position to provide guidance and support to management in the discharge of their duties. This 0-WaY relationship is the key feature of Coisle Ghaeloideachas Chromghlinne governance 8rrangements and is a key slrenglh in the company. A conscientious approach lo ensuring that contractual project requlrements are achieved has been malntained at all times both in the accounting period being reported on and since Coiste Ghaeloideachas Chromghlinne establishment. Very tight financial controls on 8xp6nditure and all financial commitments are maintained al all times and project staff have been trained and have become experienced in budgetary controls. In both these areas i.e., Project delivery and financial controls management all staff have established close working relationships with funding organisalions to ensure all mandatory standards are consistently achieved. Board representatives also actively engage with funding bodies. The Board, management and staff are fully aware that the nature of the work in which Coisle Ghaeloideachas Chromghlinne is involved can bring with il 8 high level of scrutiny lo ensure all activities are fully compliant with funding requirements and, therefore, beyond reproach. The Board of Coiste Ghaeloideachas Chromghlinneis, Iherefoie, greatly reassured of the company's compliance with the highest standards of governance on the basis that all monitoring and evaluation of project delivery demonstrates achievement of all funders objectives and that funders, audits and vouching of financial expenditure and the Independent Examination confirms Complian with both probity and regularity in the use of monies received. Statement of Trustees, Re8pon8ibiliti89 The trustees (who are also the directors of Coiste Ghaeloideachas Chromghlinne (CGCI for the purposes of company law) are responsible for preparing the Report of the Trustees and th8 financial stat6ments in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare financial statements for each financ[81 year which gave a true and fair view of affairs of the Gharitable company and of the incoming resources and application of resources, including the income and expenditure, of th8 charitable company for that period. In preparing those financial statements, th8 trustees are required to. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charity SORP. make judgements and estimat68 that are reasonable and pwdent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose wth reasonable accuracy at any lime the financial position of the charitable company and to enable them lo ensure that the financial slatements Gomply with the Companies act 2006. They are also responsible for safeguarding the assels of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of Companies Act 2006 relating to small companies.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 The trustees, report was approved by the Board of Trustees. STEPHEN WALLACE Trusteè Dated. .2410512023........ DAVID KENNEDY Trustee Daled...2410512023................
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) We report to the trustees on our examinalion of the financial statements of COISTE GHAELOIDEACHAS CHROMGHLINNE ICGC) (the charity) for the year ended 31 August 2022. Responslbllltles and basis of report As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparalion of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied ourselves that the financial statements of the charity are not required to be audited under Part 16 01 the 2006 Act and are eligible for independent examination, We report in respect of our examination of the charity's financial statements carried out under section 65 of the Charities Act 2008 (the 2008 Acll. In carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 65{9){b) of the 2008 Act. In(lepondent examlner's statement We have completed our examination. We confirm that no matters have corne lo our attention in conneclion wlth the examination giving us cause to believe that in any material respect.. accounting records were not kept in respect of the charlly as requSred by seclion 386 ofthe 2006 Act,. or the financial statements do not accord with those records- or the financial statements do not comply with Ihe accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination., or th8 financial statements have not been prepared In accordance with the melhods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charllles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepubliG of Ireland (FRS 102). We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. eJk( KEARNEY & C DONEGALL HOUSE 2ND FLOOR 98-102 DONEGALL STREET BELFAST BT12GW Dated...1.41.oS..I.2S
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022 Unrestrlcted Rastrictèd funds funds 2022 2022 Total Unrestrlcted Restrlcted funds funds 2021 2021 Total 2022 2021 Notes Income from: Charitable activilies 29,659 119,596 149,255 30,443 149,388 179,831 endlture on: Charitable activities 27,161 127,888 155,049 40,849 124,904 165,753 Net Incom&l(axponditurel for the yearl Net movement In funds 2,498 (8,292) {5,794) (10,406) 24,484 14.078 Fund balances al 1 September 2021 89,645 586,635 676,280 100,051 562,151 662,202 Fund balance8 at 31 August 2022 92,143 578,343 670,486 89,645 586,635 676,280 The statement of financial activities includas 811 gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. The slalement of financial activities also complies with the requlrements for an income and expenditure account under the Companies Act 2006.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) BALANCE SHEET AS AT 31 AUGUST 2022 2022 2021 Notes Fixed assets Tangible assets 674,799 677,402 Current assets Debtors Cash al bank and in hand 10 4.325 241 568 353 4.566 921 Credltors: amounts falling due within one year 12 (8,879) (2,043) Net current liabilities (4.313) (1,122) Total assets less current Ilabllltles 670,486 676,280 Income funds R8slricted funds Unrestricted funds 578,343 92,143 588,635 89,645 670,486 676,280 The company is entitled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2022, The directors acknowledge their responsibilities for complying with the requlrements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company lo obtain an audit of ils financial slatemenls for the year in question in accordance with section 476. These financial slatemenls have been prepared in accordance wilh the provisions applicable to companies subject to th8 small companies regime. The financial statements were approved by the Trustees on . .2410512023.... .'i-%KJ i STEPHEN WALLACE Trustee DAVID KENNEDY Trustee Company reglstratlon number N1607934
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Accountlng pollcies Charity informatlon COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) is 8 private company limited by guarantee incorporated in Northern Ire18nd. The registered office is 15F GLENAVY ROAD, CRUMLIN, CO. ANTRIM, BT29 4LA. 1.1 Accountlng convention The financial statements have been prepared in accordance with the charity's deed of trust, The Companies Act 2006 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019}" The charity is a Public Benefit Enlity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Upd8te Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are roundéd to the nearest £. The financial statements have been prepared under the historical cost convention, Imodified to include the revaluation of freehold properties and lo include investment properties and certain financial instruments at fair valuel. The principal accounting policies adopted are set oul below. 1.2 Golng 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 foreseeab18 future. Thus, the truslees continue lo adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charllable funds Unrestficted funds are 8vallable for use at the dlscretion of the Iruslees In furtherance of their charitable objectives. Restricted funds aré subject to specific conditions by donors as lo how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial slatements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charily. 1.4 Incom8 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 reoeived under GiftAid or deeds of covenant is recognised at the lime of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the 18gacy is Irealed as a contingent assel.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Accountlng pollcles (Continued 1.5 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ol 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 following bases.. Freehold land and buildings Fixtures and fittings 2 % Straight Lin8 20Q/o Straight Line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the statement of financial aclivilies. 1.6 Impalrment of flxed assets At each reporting end date, the charily reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the assel is estimated in order lo determine the extent of the impairment loss (if any). 1.7 Cash and cash equivalents Cash and cash equivalents Include cash In hand, deposits held at call with banks, olher short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 '8asic Flnancial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of ils financial instruments, Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the contractual provisions of the instrument. Financial assels 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 Basic financlal 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 un1e5s the arrangement constitutes a financing transaction, where the transaction is measured al the present value of the future receipts discounted al a market rate of interest. Financial assets classified as receivable within one year are not amortised.
COISTE GHAELOIDEACHAS CHROMGHLINNE {CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Accountlng pollcl88 {Contlnued) Baslc financial liabilities Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless the arrangement constitut8s a financing transaction. where the debl instrument is measured al the present value of the future payments discounted al a market rate of interest. Financial liabilities classified as payabl6 within one year are not amortised. Debt instruments are subsequently carried at amortised cost, uslng the effective Interest rate method. Trade creditors are obligations lo pay for goods or seNices that have b8en acquired In the ordinary course of operations from suppliers Amounts payable are dassified as current liabilities if payment is due within one year or less. If not, they are presented as non-curient liabilities, Trade creditors are recognised initially at transaction price and subsequently measur8d at amortised cost using the effective interest melhod. Derecognition of financlal Ilabllltles Financial liabilities are derecognlsed when the charity's contraclual obligations expire or are discharged or cancelled. 1.9 Employee beneflt$ The cost of any unused holiday entitlement is reccgnised in the period in which the employee's servlces are receivéd. Termination benefits are recognised immediately as an expense when the charity Is demonstrably committed to termlnate the employment of an employee or to provide terminalion benefits. 1.10 Ratlrement beneflts Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Critical accountlng ostlmates and Judgements In the application of the charity'8 accounting policies, the trustees are required to make judgements, estlmstes and assumptions about the carrylng amount of assets and liabilities thal are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other fa¢lors 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 estimates are recognised in the period in which the estimate is revised where the revision affects only that peiiod, or in the period of the revision and future periods where the revision affects both current and future peTiods, 10-
I I" I <JcÉ
<Jc
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Charitable actlvltles Charltable Expendlture Charltable Expenditure 2022 2021 Staff costs Depreciation and impairment Insurance Light and Heal Telephone Facilitators and tutors Sundries Resources Summer Scheme Expenses Donalions and Sponsorship Administration Events and hospitality Cafe Bank loan interest Repairs 72,922 18,547 2,478 5,882 1,510 18,584 1,883 46,119 17,560 3,470 2,869 1,117 18,302 590 4,341 6,180 3,885 12,463 17,851 17,882 1,675 3,101 1,330 3,345 7,890 14,634 423 8,643 342 Bank fees 152,529 163,289 Shsre of governance costs (see note 5) 2,520 2,464 155,049 165,753 Analysls by fund Unrestricted funds Reslricted funds 27,161 127,888 40,849 124,904 155,049 165.753 13-
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Trustee8 None of the trustees (or any persons connected wilh them> reived any remuneration or benefits from the charity during the year. Employees The average monthly number of employees during the year was.. 2022 Number 2021 Number Employment costs 2022 2021 Wages and salaries Other pension costs 69,458 3.464 45,569 550 72,922 46,119 There were no employ8es whose annual remuneration was more than £60,000. Taxatlon The charity is exempt from tax on income and gains falling within section 5D5 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its Gharilable objects. Tanglble Ilxed assets Freehold land Flxtures and and buildings fittings Total Cosl At 1 September 2021 Additions 790,775 10,926 15,942 801,701 15,942 At 31 August 2022 790,775 26,868 817,643 Depreclatlon and Impalrment At 1 September 2021 Depreciation charged in the year 120,584 15,815 3,714 2.731 124,298 18,546 At 31 August 2022 136,399 6,445 142,844 Carrying amount At 31 August 2022 654,376 20,423 674,799 At 31 August 2021 670,192 7,210 677,402
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 10 Debtors 2022 2021 Amounts falling due wilhln one year: other debtors 4,325 568 11 Loans and overdrafts 2022 2021 Bank loans Payable within one year 12 Creditors: amounts falling due wlthln one year 2022 2021 Notes Bank loans Olher creditors Accru818 and deferred income 11 5,316 3,563 2,038 8,879 2,043 13 Analysls of net assets between funds Unrestricted R6slrlcted funds funds 2022 2022 Total Unreslrlcted Restricted funds funds 2021 2021 Total 2022 2021 Fund balances al 31 August 2022 are represented by.. Tangible assets Current assetsllllabilitles) 104,346 (4.3131 570,453 674,799 {4,313) 90,767 (1,122) 586,835 677.402 {1,122) 100,033 570,453 670,488 89,645 586,635 676,280 14 Related party transactions There were no disclosable related party transactions during Ihe year12021 none). 15 Taxation Coiste Ghaeloideachas Chromghlinne ICGC) has been granted Charitable status by the Inland Revenue. Charity number.. NIC 105703 16