Charity registration number NIC105703 Company registration number N1607934 (Northern Ireland) COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Stephen Wallace David Kennedy Caitrin Murphy (Appointed 31 July 2024) Secretary Brian Cahalane Charity number NIC105703 Company number N1607934 Registered office 15F GLENAVY ROAD CRUMLIN CO. ANTRIM BT29 4LA Independent examiner KEARNEY & CO 2nd Floor Donegall House 98-102 Donegall Street Belfast BT12GW
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) CONTENTS Page Trustees, report Independent examinels report statement of financial activities Balance sheet Notes to the financial statements 8-17
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 AUGUST 2024 The trustees present their annual report and financial statements for the year ended 31 August 2024. The trustees who are a150 directors of the charity for the purposes of the Companies Act 2006, present their report with the financial slalemenls of the charity for the year ended 31st August 2023. The Iruslees have adopted Ihe provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {effective 1st January 2015) Objectives and activities Coiste Ghaeloideachais Chromghlinne (CGC) promotes the use of the Irish language and Irish culture in Ihe Crumlin area, this area has high levels of social isolation and is affected by a widespread shortage of community facilities. CGC seeks to provide services focused on the Irish language in order to benefit children. families and extended families in consolidating Ihe learning and development of the Irish language and the development of sen5ilivity and insight into other cultural tradilions. Significant activities CGC benefils the local community through the activities promoted in its management of Nalonra/Naiscoil Ghleann Darach and in its support to Gaelscoil Ghleann Darach. NaionralNalscoil Ghleann Darach provides a much needed. voluntary non-denominational pre-school playgroup facility for children from 2 years 10 months through the medium of the Irish language. We welcome children from all communities and are the only Irish- medium voluntary pre-school provider in the local area. The Naiscoil. which is hosted in the family ntre (lonad Teaghlaigh Ghleann Darach) continues to flourish, with the capacity for Ihe educational and developmental needs of 24 children. and employing 2 full-time staff and one part-time member of slaff CGC oversees the day to day running of the Family Centre. lonad Teaghlaigh Ghleann Darach. This caters for the 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 activilies play an integral part in the mainlenance of a community spirit within Crumlin and include Irish language and music classes, youth facilities, conference facilities. drama activities, educational attainment and employability sessions. CGC continues to work closely with other local groups wilhin the wider Crumlin area to organise events to raise Ihe profile of the Irish language within the local community and fundraise. Thanks to all those who have supported these events and we would also like to acknowledge those who have worked very hard to ensure all these events were successful and enjoyable. In line with the ethos of lonad Teaghlaigh Ghleann Darach and Coisle Ghaeloideachas Chromghlinne, our focus continues to be on the promolion of Irish language and culture and on forging links and working relationships with other community groups and key stakeholders in the area. At present we work closely with CLG Naomh Séamas. Crumlin United and Crumlin Men's Shed. We have also developed working relationships with Crumlin Angling Association, Lough Neagh Boating Heritage Boating Association and The Whins Sheltered Housing. Public benefit The trustees believe that the organisation provides a public benefit through its efforts to promole community developmenl and the Irish language. This is achieved by undertaking a range of projects within its local community. The trustees are fully aware of Ihe guidelines from the Charity Commission for Northern Ireland to comply with the Charities Act (Nl) 2008, and believe they are operating entirely within those guidelines.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Financial review In September 2023, a new term of Irish classes for adults began. offering Bunrang (Total Beginners). and Darna Rang (Advanced Beginners). both of which were well-attended with enrolment up 50 % from the previous year. With the help of volunteer lutors, we have been able to offer an additional level beginning in April 2024. With funding from the Arts Council of Northem Ireland (Rural Engagement Arts Programme) we were able to develop a Community Tapestry and History Project. Facilitated by a local community artist, our aim was to create a tapestry to visually tell the story of the United Irishmen and Women in the late 1700s. 2023 marked the 225th anniversary of the 1798 rebellion and we were keen to lap into the huge interest in a subject which is part of our shared history. The tapestry was created by local community groups (including Glenavy Friendship Group, Crumlin Senior Citizens, CLG Naomh Séamas and GAA Molhers and Others Group). The United Irishmen movement was inherently anti-seclarian and it is this aspect that we were particularly keen to celebrate. The participating groups contain members from all seclions of our community and reflect our diverse ethos. We invited a number of local historians to give talks and presentations throughout the year,. their talks brought the history to life and helped inspire and encourage new participants in the project. The continuous feedback that we received was hugely posilive and encouraging, with many participants saying that they would love to take part in similar projects again. A public unveiling of the lapestry will take place in November 2024, and other community and historical groups have expressed an interest in exhibiting the tapestry in their own centres. Wilh funding from The Community Foundation (Ultach Fund). we successfully delivered four Dianchursa (Irish language intensive one-day courses) from August 2023 to June 2024. This project also enabled us to run a day trip to the Irish language cultural cenlre An Carn, in Cam Tochair, Maghera. Counly Derry for adults who attend our Irish classes. These activities proved to be an excellent way of introducing the language to newcomers., local people from the Crumlin area who had not previously attended any classes or events at lonad Teaghlaigh Ghleann Darach have now embarked on their Irish language journey and all have expressed a keen interest in returning and enrolling for regular classes in the future. We were also able to cover the cost of new flooring in one of the rooms in the family cenlre with this grant. This new. safe environment has encouraged more parents and families to attend our Grupa Tuisti & Tachran {Parent & Toddler Group) and participate in activities which are conducive to learning the language in a natural setting. Much needed funding from Pathways Early Years has ensured that the NalonralNalscoil continues to thrive. Club Oigeiyouth Club ran throughout the year (around 30 young people per week) and 60 children attended the Campa Samhraidhlsummer Camp which was also a huge success. Other popular fundraising activities for children included the annual Halloween and Valentine's Disco. We also facilitated a Santa Sleigh Ride through Crumlin Main Street. and a music & dance session with Tura Arutura, and children from the Naiscoil also visited The Whins sheltered housing residents in Crumlin as part of a Seachtain na Gaeilge intergeneralional project. Cairde Ghleann Darach volunteers Gonlinued with their uniform swap for Gaelscoil and Naiscoil parents. to help alleviate the cost-of-living crisis and to promote environmental sustainability. Our'siolta Beaga, (Little Seeds) project. funded by the Community Foundation (BC & P Fund) continues to flourish and we have now successfully established a sustainable community led garden consisting of a polytunnel, raised beds, and composting facililies. This is maintained by volunteers. and children from Naiscoil and Gaelscoil Ghleann Darach make weekly visits help water the vegetables and harvest the crops when ready. With funding from Ciste Infheistiochta Gaeilge, Foras na Gaeilge. and Antrim and Newtownabbey Borough Council, we were able to facilitate various workshops, music events with renowned local traditional music players and storytellers. as well as a short documenlary screening on Lough Neagh and ils fishermen. Imbolc and St. Patrick's Day activities. as well as Féile Lughnasadh in August 2024, brought in large crowds to the centre and provided a boost to our coffee dock, Caifé Gaelach. The coffee dock remains open Wednesday to Friday during term time, and when events are laking place, and continues to function as a small but welcome source of additional revenue for the organisation. A Coffee Morning in aid of Palestinian Medical Relief was also held during the year.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Our Three-year Business Plan outlines our business aims, key perforrnance indicators. cash low forecasts and projections. The plan will help the organisation focus on becoming more sustainable by generating an incomè. rather than relying heavily on grants. Our Business Development Officer successfully completed an Msc, funded by Ciste Infheistiochta Gaeilge, in Management and Digital Business in August 2024. Our Five-year Strategic Plan is to act as a delivery pathway for 2024 2029. It outline5 our Vision and long-term aims for the organi5alion which will enable us to.. Promote the Irish Language and Culture Build Cohesion and Inclusion Empower the Community Create Change Promote Growth and Stability Governing document The charity is controlled by ils governing document. a deed of trust. and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006. Induction and training of new trustees During the period under review the commiltee met monthly. New members are appointed by nominations made in writing by any existing members. At the General Meeting members are appointed by election. Risk management The principles of good governance are embedded within all aspects of Coiste Ghaeloideachas Chromghlinne's operations wilh management and staff being keenly aware of the Boards responsibility of ensuring that the organisation protects itself from financial exposure and reputalional damage. A close working relationship is maintained belween the Board and managements to ensure that operationally staff ale aware ofthe standards required of them by the Board and the Board are always in a position to provide guidance and support to management in Ihe discharge of their duties. This fMo way relationship is the key feature of Coiste Ghaeloideachas Chromghlinne governance arrangements and is a key strength in the Company. A conscientious approach to ensuring that contractual project requirements are achieved has been maintained at all times both in the accounting period being reported on and since Coiste Ghaeloideachas Chromghlinne establishment. Very tight financial controls on expenditure and all financial commitments are maintained al all limes and projecl staff have been trained and have become experienced in budgetary conlrols. In both these areas ie Project delivery and financial controls management all staff have established close working relationships with funding organisations to ensure all mandatory standards are Gonsistently achieved. Board representatives also actively engage with fijnding bodies. The Board, management and staff are fully aware that the nature ofthe work in which Coiste Ghaeloideachas Chromghlinne is involved can bring with it a high level of scrutiny lo ensure all activilies are fully compliant with funding requiremenls and, therefore. beyond reproach. The Board of Coiste Ghaeloideachas Chromghlinneis, therefore, 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 Ihat funders, audits and vouching of financial expenditure and Ihe Independent Examination confirms compliance with both probity and regularity in the use of monies received.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Statement of Trustees. Responslbilities 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 the financial statements 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 financial year which gave a true and fair view of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitable company for that period. In preparing those financial statements. the trustees are required to selecl suitable accounting policies and then apply them consistently., obseNe Ihe methods and principles in the Charity SORP- make judgements and estimates thal 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 business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charrtable company and lo enable them to ensure that the financial statements comply with the Companies act 2006. They are also responsible for safeguarding the assels of he charitable company and hence for laking 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. The trustees. report was approved by the Board of Truslees. Stephen Wallace Trustee Dated.. 21 May 2025 David Kennedy Trustee Dated.'21 May 2025
COISTE GHAELOIDEACHAS CHROMGHLINNE {CGC) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) We report to the trustees on our examination of the financial statements of COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC} (the charity) for the year ended 31 August 2024. Responsibilities and basi5 of report As the trustees of the charity (and also Fts directors for the purposes of company law) you are responsible for the preparation of the financial slatements in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act). Having satisfied ourselves that the financial stalements of the charity are not required to be audited under Part 16 of 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 seclion 65 of the Charities Act 2008 (the 2008 Act). In carrying oul our examination we have followed all the applicable Directions given by the Charity Commission under section 65(91(b) of the 2008 Act. Independent examinerfs statement We have compleled our examination. We confinn that no matters have come to our attention in connection with the examination giving us cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act- or the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement Ihat the accounts give a true and fair view which is not a matter considered as part of an independent examination- or the financial statements have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic 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. KEARNEY & CO 2nd Floor Donegall House 98-102 Donegall Street Belfast BT12GW Daled.. 21 May 2025
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Notes Income from: Charitable activities 22,086 137,333 159,419 27,062 110,550 137,612 Total income 22,086 137,333 159,419 27,062 110.550 137,612 Expenditure on: Charttable activities 23,610 141,518 165,128 24.487 132,040 156,527 Total expenditure 23.610 141.518 165.128 24,487 132,040 156,527 Net expenditure and movement in funds {1,524) (4,185) (5,709) 2,575 (21,490) (18,915) Reconciliation of funds: Fund balances at 1 September 2023 94,718 556,853 651,571 92,143 578.343 670,486 Fund balances at 31 August 2024 93,194 552,668 645.862 94.718 556.853 651,571 The statement of financial activities includes all gains and losses recogni5ed in the year. All income and expenditure derive from continuing activities.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) BALANCE SHEET ASAT31 AUGUST2024 2024 2023 Notes Fixed assets Tangible assets 633,144 654,189 Current assets Debtors Cash at bank and in hand 10 2,875 13,112 2.000 831 15,987 2,831 Creditors: amounts falling due within one year 11 (3,269) 15,449) Net current assetsl(liabilities) 12,718 (2,618) Total assets less current liabilities 645,862 651,571 Net assets excluding pension liability 645,862 651,571 The funds of the charity Restricted income funds Unrestricted funds 13 552,668 93.194 556,853 94,718 645.862 651.571 The company is entitled to the exemption from the audit requirement contained in sedion 477 of Ihe Companies Act 2006, for the year ended 31 August 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordan 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 Irustees on 21 May 2025 Stephen Wallace Trustee David Kennedy Trustee Company registralion number N1607934 (Northern Ireland)
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies Charity information COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 15F GLENAVY ROAD, CRUMLIN, CO. ANTRIM, BT29 4LA. 1.1 Accounting 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 Republi¢ of Ireland (FRS 102) (effective 1 January 2019)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advanlage of the provisions in the SORP for charities applying FRS 102 Update 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 rounded to the nearest £. The financial 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 valuel. The principal aKounling policies adopted are set out below. 1.2 Going concern At the lime of approving the financial statemenls. the trustees have a reasonable expectation that the charity has adequate resources to continue in operalional exislence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unreslricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or granlors as to how they may be used. The purposes and uses of the restrtcted funds are set out in the notes to the financial statemenls. Endowment funds are subjecl to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the Gharily is legally entitled lo it after any performance conditions have been met. the amounls 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. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribulion, Ihe amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingenl asset.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies {Continuedl 1.5 Tangible fixed assets Tangible 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 a5 to write off the cost or valuation of assets less their residual values over their usefvl lives on the following bases.. Freehold land and buildings Fixtures and fittings 2 /0 Slraight Line 200/0 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 Ihe asset. and is recognised in the statement of financial activities. 1.6 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assels to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the reGoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 1.7 Cash and cash equivalents Cash and cash equivalent5 include cash in hand, deposits held at call with banks, other short-term liquid investments with original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Financial instruments The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 10210 all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the ontractual provisions of the instrument. Financial assets 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 Iheie is an intention lo settle on a net basis or lo realise the asset and settle the liability simultaneously. 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 arnortised cost using the effective interest method unless the arrangement constitutes a financing transaction. where Ihe Iransaction 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.
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies {Continuedl Basic financial liabilities Basic financial liabilities, including creditors and bank loans are inilially recognised at transaction price unle5S the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the fulure payments discounted at a market rale of interest. Financial liabilities classified as payable wilhin one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligalions to pay for goods or seNices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as currenl liabililies if payment Is due within one year or less. If not. they are presented as non-current liabililies. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.9 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Temiinalion benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide lerminalion benefils. 1.10 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Critical accounting estimatss and judgements In the application of the charttWs accounting policies. the trustees are required to make judgements. estimates and assumptions about the carrying amounl of assets and liabilities that are not readily apparent from other SoUrs. The estimates and associated assumptions are based on historical experience and other faclors 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 period, or in the period of the revision and future periods where the revision affects both current and future periods. 10-
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Charitabl aGtlvltlgs F••s Room Hir ls¢ln¢tymb Summwr5Gh•rn• GAnt Tpt41 2024 2023 2024 2024 2024 2024 2024 2024 Sale ofgoods Ancillary trading income Qlherincom& 9,155 5,430 2.515 1.715 1.450 17.750 2.515 139.154 23.439 1.821 137.333 114.173 9.155 7.945 1.715 1.821 1.450 137.333 159.419 137.612 Analysis by fund Unre51ricted fund5 Restricted funds 9,155 7.945 1.715 1,821 1,450 22.066 137,333 27.062 110.550 137,333 9.155 7,945 1.715 1.821 1,450 137.333 159.419 137.612
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Charitable activities (Continued) For the year ended 31 August 2023 F88S Cafe Room Hlr• Misc Income Grants Total 2023 Sale of goods Other income 12,801 10,273 365 23,439 114,173 3,623 110,550 12,801 10,273 365 3,623 110.550 137,612 Analysis by fund Unrestricted funds Restricted funds 12,801 10,273 365 3,623 27.062 110.550 110,550 12,801 10,273 365 3.623 110,550 137,612 12-
COISTE GHAELOIDEACHAS CHROMGHLINNE {CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Charitable activities Charitable Expenditure Charitable Expenditure 2024 2023 Staff costs Depreciation and impairmenl Insurance Light and Heat Telephone Facilitators and tutors Sundries Summer Scheme Expenses Donations and Sponsorship Events and hospitality Cafe Repairs Bank fees 90.669 21.043 2.928 7,412 1,964 21,161 2,032 2.888 1.170 4,286 3,625 2,957 473 85,190 22,532 2.867 7.099 1,498 20,831 1,838 1,331 1.198 4.802 3.311 510 162.608 153,007 Share of governance costs (see note 5) 2.520 3,520 165,128 156,527 Analysis by fund Unrestricted fvnds Restricted funds 23.610 141,518 24,487 132.040 165,128 156,527 13-
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 Support Gosts Support costs Govomanco Costs 2024Support eo$l$ Govemance cosls 2023 Accountancy 2,520 2.520 3.520 3.520 2.520 2,520 3.520 3.520 Analysed behveen Charrfable aclivitie5 2.520 2.520 3,520 3.520 14-
COISTE GHAELOIDEACHAS CHROMGHLINNE {CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Trustees None of the trustees {or any persons connected with them) received any remuneration or benefits from Ihe charity during the year. Employees The average monthly number of employees during the yearwas= 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries other pension costs 88,639 2,030 81.974 3,216 90,669 85,190 There were no employees whose annual remuneration was more than £60,000. Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. Tangible fixed assets Freehold land Fixtures and and bulldlngs flttlngs Total Cost At 1 September 2023 790.775 28,790 819,565 At 31 August 2024 790.775 28.790 819,565 Depreciation and impairnient At 1 September 2023 Depreciation charged in the year 152.215 15.815 13.163 5.228 165,378 21,043 At 31 Augusl 2024 168.030 18.391 186.421 Carrying amount At 31 August 2024 622,745 10,399 633.144 At 31 August 2023 638,561 15,628 654.189 15
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 10 Debtors 2024 2023 Amounts falling due within one year: Other debtors 2,875 2.000 11 Creditors: amounts falling due within one year 2024 2023 Other creditors Accruals and deferred income 751 2.518 408 5,041 3,269 5,449 12 Retirement benefit schemes 2024 2023 Defined contribution schemes Charge to profit or loss in respect of defined contribulion schemes 2,030 3.216 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separalely from those of the charity in an independently administered fund. 13 Restricted funds The reslricted funds of the charity comprise the unexpended balanS of donations and grants held on tru51 subject to specific conditions by donors as to how they may be used. At1 September 2023 Incoming resources Resources At 31 August expended 2024 556.853 137,333 {141,518) 552.668 Previous year: At1 September 2022 Incoming resources Resources At 31 August expended 2023 578.343 110,550 (132,0401 556.853 16-
COISTE GHAELOIDEACHAS CHROMGHLINNE (CGC) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 14 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been sel aside out of unre5tri¢ted fvnds by the trustees for specific purposes. At1 September 2023 Incoming resources Resources At 31 August expended 2024 General funds 94.718 22,086 (23,610) 93,194 Previous year: At1 September 2022 Incoming resources Resources At 31 August expended 2023 General funds 92,143 27,062 (24.487) 94,718 15 Analysis of net assets between funds Unrestricted Restricted funds funds 2024 2024 Total Unreslricled funds 2023 Restricted funds 2023 Total 2024 2023 Fund balances at 31 August 2024 are represented by.. Tangible assets Current assetsl{liabilities) 633.144 12,718 633,144 12.718 654,189 (2,618) 654,189 (2.618) 645,862 645.862 651,571 651,571 16 Related party transactions There were no disclosable relaled party transactions during the year (2023 - none). 17 Taxation Coiste Ghaeloideachas Chromghlinne (CGC) has been granted Charitable status by the Inland Revenue. Charity number.. NIC 105703 17