REGISTERED co[PANy NUMBER: N1631969 (Northern Ireland) REGISTERED CHARrrY NUMBER: NIC 107062 rt of the Trustees Audited Financi21 Slatements for the Year EDded 31 Mareh 2025 for lonad Uibh Eachacb an Limited b Guarantee Acom Lynn Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira Co. Arniagh B T67 OLE
lonad Uibh Eachach Contents of the Financial Statements for the Year End 31 March 202 Page Reference and Administrative Detsils Report of the Trustees Report of the Indepelldent Auditors 9 to 12 Statement of Financial Activitses 13 Statement of Financial Position 14 Statement of Cash Flows 15 Notes to the Statement of Cash Flows 16 Notes to the Financial Statements 17 to 30 Detailed Statement of Financial Aetivities 31 to 32
Ionad Uibb Eachach Referen e and Administrative Details for the Year Ended 31 March 2025 TRUSTEES Aisling Walls Aoife Ni Phoilin Siobhan McK¢nna Jacqui Bradley Mairead Connolty REGISTERED OFFICE 34a Iveagh Crescent Belfast BT12 6AW REGISTERED COlktPANY NUMBER N1631969 (Northern Ireland) REGISTERED CHARITY I¥UMBER NIC 107062 INDEPENDEIYT AUDITORS Lynn Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moirn Co. Amagh BT67 OLE Ulster Bank Untt G, Westwood Centre Kennedy Way Belfast BTI 19BQ CHIEF EXECUTIVE OFFICER Sinead Mcconnell
Ion d Uibh Eachaeh ort of the Trustees for the Year Ended 31 Ma h 2025 The trustees who arc also directors of the charity for the purposes of the Companies Act 2006) present their report with the financial statements of the chartty for thc year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Repx)rting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Rep)rting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). ORJECTIVES AND ACTIVITIES Objectives and aims Raiteas Misinlmission Statement: Pobal Slan, Sabhailte, a thogail thart ar ar bpaisti ina bhfuil an Ghaeilge ar fail do chach To build a safe and h¢althy community around our children in which the Irish language is accessible to all. SpriocanDa & Aidhmeanna / Aims & Objectives (l) Ionad Uibh Eachach is an Irish Language Family and Community Centre for parents, children and the local comrnunity in an area of need. (2) Ionad Uibh Eachach provides high quality, child-centred tnclusive early yearfs childcare, playwup, preschool and afterschool services through Irish in order to SUPEX)rt high level outcomes for children. (3) lonad Uibh Eachach provides a comprehensive cultural & language programme for the local community including cultural, educational, trdining and supwrt opix)rtunities combined with long tenn training & employment opportunities for local people. (4) lonad Uibh Eachach encourages parental participation in their child's development and provides an annual programme of parental engagement and ongoing family support for families and children facing challenges. {5) lonad Ui1)h Eachach promotes parlnership with PEnts. children and the local community in every aspect of their work. (6) lonad Uibh Eachach activety seeks to open Irish Language to all sections of the community. Principle activities lonad Uibh Fachach provides cultural. educational, training and support opportunities for local people combined with education, daycare and childcare services through Irish for over 130 children daily.
Ionad Uibh Eachach ort of the Trustees for the Year Ended 31 Ma h 2025 ORIECTIVES AND ACTIvrriES Public benefit Purpose I lonad Uibh Eachach is established for the advancement of cultural and educational activities and services through Irish in an interdenominational context for children. youth and their families. Thi5 SUPPOrts the building of a safe and healthy Irish languagc communtty amund our children, youth and their families. which is open to all. Benefits flowing from this include improving social cohesionl inclusion through community involvement in developing a language community, developing and inspiring community pride around culture language and heritage and promoting community regeneration. Thcse benefits demonstrated by enhanced cornmunty engagement in the design and development of Irish language services and facilities, by incr¢ascd community activity around education, culture and language which is open and inclusive thus breaking down barriers between and within cotnlnunities and improving the quality of life of the those participatiTJg or receiving servic¢s. Purpose 2: Co-ordinate and provid¢ Irish cultural & educational activities in the Belfast are& This supports the provision of community educational and cultural activities alongside the development of training and support OPEX)rtunities for parents and the community. Benefits include enhancement of educational opportunities available to parents & local people, enriching public understanding and appreciation of the language and cultural landscape and direct benefits for those accessing training and SUPFK)rt. These benefits are demonstrated by enhanced knowledge and understanding of those accessing educational opportunities, a sense of identity and wellbeing among those involved in cultural activities and increased confidence and skill of those accessing training and support. The public benefrt from preserving the culture and language for future generations. Purpose 3: To provide high quality Irish language early years care, education and support services to children, youth and their families. The benefits that flow from this purpose include the positive impact of high qualty Irish languag¢ carly years & cducation on childn and their families combined with parental engagement programmes and additional and targeted support for children and families in need. Additional educational benefrts flow from second language and immersion provision for very young children, preschool and afterschool children. The inclusion of children with additional needs and ethnic minority children offers increased care and educational opportunities to those in need in the community. Evidence of these benefits includes enhancing the learning and cognitive development of children through use of a second language - a hcad start in education and development. Holistic services for the whole family support parentrl engagement in Childn'S learning and development which enables parents to better support their children's devclopment and enhances confidence and self esteem of children and parents. Help and support for children and fatnilies in need improves the educational and life experience of those families. There is no identifiable harm rel<lting to any of these purposes which will publicly benefit the community as a whole, the Irish language community, children, youth and their families. The creation of employment and training in Ionad Uil)h Eachach will privately benefit those employed and trained but this is n¢cessary to carry out the main purpose of the organisation. FINANCIAL REVIEW Finkincial Review The company had net outgoing rcsources for the year of £1 l. 110 (2024: net outgoing resources of £ 11,810). which reflected the completion of a number of projects during the year. Net Unrestricted Rcserves decre&sed by £8,169, while Net Restricted R¢serves decreased by £2.941. Th¢ charity continues to work tirelessly to secure income fiYJm various sources to finance its ongoing activities with key stakeholders. The main source of funding are grants received from various bodies as disclos¢d in note 4 in the financial statements.
I nad Uibh Eacbach ort of the Trustees for the Year Ended 31 March 2025 FTNANCIAL REVIEW Reserves policy Policy Statement: Ionad Uibh Eachach Re5crves Policy will address thc organisations responsibility to: l. identify and plan for the maintenance of CntIal scrvices for beneficiaries on an ongoing basis . assess the risks of unplanned closure due to changes in the fmancial an(Vor funding climatc on an annual basis taking into account spending commilments, potential liabilities and fmancial forecasts assess the risks of unplanned closurc on bencficiaries (in particular, vulnerable beneficiartes). staff and volunteers IUE Reserves Policy will be published and made available to fijnders, members, stakeholders and beneficiaries, the public and relevant statutory agencies to clarify exactly what reserves are kept for (or not kept) and when they are to be used. The Reserves policy will be regularly monitored and reviewed by the Board and subject to fornial review annually. Ionad Uibh Eachach will only accrue reserves for the following PUTposes: l. To support gaps in cash flow due to delay in accessing funding 2. To support particular project expenditure for which the money has been raised ie capital expcnditure 3. To support the discharge of the organisation's legal responsibilities with regard to redundancy requirements in the event of significant loss of fvnding. 4. To accTue reserves in the event of SIlfICant loss of funding 5. To support the discharge of the organisation's legal requirements in relation to pensions legislation (auto enrolment) and in responding to the rise in the National Living Wage. Reserves will not exceed any more than 4 months essential expenditure for the organisation unless specifically agreed in the event of a large capital projecL IUE Board role: l. The IUE Board reviews the position of reserves at least quarterly to ensure that free reserves are maintained at a safe operational level. 2. The Board signs off the reserve policy on an annual basis and any changes made in-year due to unforeseen circumstances. Accumulated Reserves: In th¢ event of reserves being accumulated which are not used for the stated purpose: l. The reserve must be spent in line with the aim5 and objectives of the project 2. This expenditure must be clearly identifiable 3. This expenditure must be clearly discussed with stakeholder& user& and funders. Reserves must be clearly identifiable and specifieglty shoJvD in audilal accounts.
lonad Uibh Eaehach rt f Ihe Trustees for the Year Ended 31 Mareh 202 NANcL REEw Appendix I Redundancy Reserve Redundancy reserve - It is proposed to build the reserve up to £l(MI,000 in the light of current uncertainties about funding. The current rcserve figure for redundancy in April 25 is £62.777 Contingency Reserves- (in the event of cl(K8ure) It is proposed to identify up to 4 months essential expenditure &$ current contingency reserves at a figure of £75,OOO/month including £60,000 wages and £15,000 running costs /month. The identified reserve figure for contingency in April 2025 is £200,000 {3 months) Essential maintenance MaÈntenance reserve - It is prowsed to Tetain a reserve of £50,0(M) to carry out essential maintenance and repairs due to the age of the building to avoid disruption to service in case of damage or emergency maintenance. The current reserve figure in April 25 is £30,000 Summary of Designated Reserves 202&2026 Redundancy Reserve Contingency Reserve Contingency Reserve Essential Maintenanc¢ Total Designated Reserves £ 62,777 £165,000 (3 Months Salary) £ 35.000 (3 Months Running Costs) £ 30.000 £292,777
Ionad Uibb Eachach rt of ihe Trnstees for the Year Ended 31 Mareh 2025 NANcL REEw REVIEW OF THE YEAR Ionad Uibh Eachach services continucd to offer a high level of service for the local community in 2024-2025 from the high dcrnand for baby & toddler units and have had good participation in parenting & family events, increase in numb¢rs accessing family & play suppor4 students of all ages attending Irish classes at all Icvcls. Thcrc wcre successcs. highligh and challenges. The complex funding landscape and the remaining funding uncertainty hav¢ only added to this challenge. The need for realistic long-terni investment in communty based early years and Irish language services remains. Services provided in 2425includ¢d- l. High quality childcare through Irish for children aged (&12. 2. Irish language immersion playgroup, wrap around preschool and afterschool provision 3. Cultural and language programme for adult learners weekly including Irish language classes from beginner to GCSE & A Level. Culturavlanguage spring and summer festivals including discussion panels, Irish classes, musicldance and health & well being workshops also delivered 4. parental engagement programmes with stay and play inhouse sessions as well as family trips being delivered. 5. One to one play support for children was delivered in house weekly. 6. Continued development of tsaining and employment opportunities for local people. 7. Ongoing partnership with the local community including participation in the Greater Falls Neighbourhood Partnership, Greater Falls Famity Support Hub, An Ceathru Gaeltachta and the Belfast Childcare Partnership.
ibh Eachacb Re ort of the Trnstees for the Year Ended 31 March 2025 lonad Uil)h Eachach works to a strategic plan which was reviewed in January 2025 and identifies the key themes and strategic objcctives of the organisation for the future. l. Cultiir & Teangknguage & Culture- . Supporting comtnunity regenerdtion and neWa1 through the language and culture b. Support Lifelong Learning & raise the profile of the Irish Language in the local community. 2. Curam & Oideachaslcare & Education- . Building tomoTrow's Irish Language Cotnmunity-provision of early yeaf s services through Irish b. High quality, inclusive, child centrd. services & involving parents in their child's early education 3. Pobal & Tuismith¢oirilParents & Community- a. Building an inclusive & responsive Irish Language community around children and their families b. Provision of parental engagement & family support services to strengthen resilience. c. Ensuring that the Language/Culture and lonad services are relevant & accessible. 4. Geilleagar Soisialts]Social Economy . Building the Irish languag¢ community by developing community-based daycare through Irish as a model for the sector. Provision of trnining and long-terni employment for the local & Irish language community 5. Ionad Uibh Eachach a Fhorbairt & a Bhuanu mar lonad Barr Fheabhai a. Develop & Sustain Ionad Uibh Eachach as a C¢ntre of Excellence b. Strengthen governance & financial systems - Expand IUE human resources. c. Codify quality assurance systems & Enhance sustainability. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing documenL a deed of thJsL and constitutes a limited company, limited by guardntee, as d¢fin¢d by the Companies Act 2006. Recruitment and appointment of new trustees The Charity follows an appraisal process to identify the skills required for the Trustee Board and to identify any skills gap on the Board. Members of the Trustee Board receive a full induction programmc on joining the Trustee Board and thereafter receive ongoing training and briefing sessions.Thc board completes an annual evaluation of its effectiveness. Actions arising frotn this process are integrated into the corporate workplan. The Trustee Board uses open recruitment and strives to en5ur¢ that there is adequate local representstion on the Trustee Board. The trustees delegate the day to day running of lonad Uibh Eachach to that of the chief Cxexutive officer. EVENTS SINCE THE END OF THE YEAR Infonnation relating to ev¢nts since the end of the year is given in the notes to the financial statements. TRUSTEES, RESPONSIBILrrY STATEMEiYr The trustees (who are also the directors of lonad Uibh Fachach for the purEX)ses of company law) are responsible for pparing the Report of th¢ 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"
Ionad Uibh chach Re rt of the Trustees for the Year En 31 March 202S TRUSTEES, RESPONSIBILITY STATEMENT- eontinued Company law requires th¢ tTUStees to preparc fmancial statements for each financial year. Under that law, the tnlstecs have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Unitcd Kingdom Accounting Standards and applicable law). Under company law the trustces musi not approve the financial statements unless they arc satisfied that they give a trne and fair view of the state of affairs of the charitable company and of the incoming resources and application of resourccs, including the income and expenditure. of the charitable company for that period. In preparing those financial statements, the trusiees arc required to select suitable accounting policies and then apply them consistcntly" observe the methods and principles in th¢ Charities SORP. make judgements and estimates that are reasonabl¢ and prudenL prepare the fu)ancial statements on the going concern b&sis unless it is inappropriate to presume thai the charitable company will continue in business. The trnstees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitsble company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are alsA) responsible for safeguarding the assets of the charitable company and hence for taking reasonabl¢ steps for the prevention and detection of fraud and other irregularities. In so far &$ the trustees are aware: there is no relevant audit infomiation of which the charitable company's auditors are unaware. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit infonnation and to establish that the auditors are awa of that inforn)ation. AUDrroRS The auditor& Lynn Drnke & Co Lt will be proposed for re-appointment at the forthcoming Annual General Meeting. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on l O Novetnber 2025 and signed on its IKhalf by: Siobhan McKcnna- TTUStee
ort of the Inde d Uibh E chach ndent AuditoR3 to the Members of lon Opinion We have audited the financial statements of lonad Uibh Fachach (the 'charitable company,) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Ststement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. Thc fmancial reporting framewotk that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland,. In our opinion th¢ financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resource% including its income and cxpenditurc, for the year then have bcen property prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial ReEx)rting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland," and have been prepared in accordance with the rquirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Stsndards on Auditing (UK) USAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the fllwcial statements section of our reporL We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and the provisions available for small entitie& in the circumstances set out in note 19 to the fjnancial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ConclusioDS relaling to going Concern In auditing the financial stat¢ment% we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appmpriate. Based on the work we have perfornie4J, we have not identified any material uncertainties relating to events or conditions tha( individually or collectively. may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the fancIal stat¢ments are authorised for issue. Our responsibilities and the responsibilities of the tNstces with respect to going concern are described in the relevant sections of this report.
ort of the Inde Ionad Uibh Eacbach ndent Auditors to the Members of Other infomation The trnstees are responsible for the other inforn]ation. The other inforniation comprises the inforn)ation included in the Annual ReporL other than the financial statements and our Rewrt of the Independent Auditors thcTeOn. Our opinion on the fmancial stat¢tncnts does not cover the other inforn]atTron and. except to the extent otherwise explicitly statd in our repo¢ w¢ do not cxpress any forni of assurance conclusion thereon. In connection with our audit of the financial statement% our responsibility is to read the other inforn]ation and. in doing so, consider whether the other infonnation is materially inconsistent with the fmancial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatement4 we are reqUId to detcrniine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work w¢ have perfornied, we conclude that there is a material misstatement of this other inforniation, we are required to rewrt that fact. We have nothing to r¢wrt in this regard. Opinions on other matters prescribed by the Companies Aet 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Report of the Trustees for the fmancial year for which the fllwicial statements are prepared is consistent with the financial Statemen and the Report of the Trust¢¢s has been prepared in accordance with applicable legal requirements. Matters on whicb we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audiL we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters Whe the Companies Act 2006 requires us to report to you if. in our opinion". adequate accounting records have not been kept or tUrnS adequate for our audit have not been rec¢ived from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns" or certain disclosures of trustees, remuneration specified by law are not made: or we have not received all the infomiation and explanations we require for our audi( or the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Rert of th¢ Tnets. Responsibilities of trnstees As explained tn0 fully in the Trustees, Responsibilities StstemenL the tSteeS (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statem¢nts and for being satisfi¢d that they give a true and fair view, and for such int¢mal control &s the trustees dctcnnine is necessary to enable the prepardtton of financial statements that arc free from material misstatemenL whether due to fraud or eOr. In preparing the financial ststcmcnts: the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable. matters related to going concern and using the going conccrn basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. 10
Re ort of the Inde Ionad Uibh Each¥4ch ndent Auditors to Ihe Member5 of Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether th¢ fmancial statements as a whole are free from material misstatemcnt, whether due to fraud or error, and to issue a Rert of the Independent Auditors that incRudes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements Can arisc from fraud or error and arc considered material if. individually or in the aggregate, they could reasonably be expect to influence the economic dccisions of users taken on the b&sis of these fInancial statements. Thc cxtent lo which our pr(Kcdurcs a capable of detecting iTregularitie& including fraud is detailed below: Irregularities including fraud. are instanccs of non-compliance with laws and regulations. We design procedures in line with our responsibilitic& outlined above. to detect material misstatements in respect of irregularities, including fraud. In particular, we looked at where management made subjective judgemen for example in respect of accounting estimates that involved making assumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. As part of this discussion, we identified the internal controls established to mitigate risks related to fraud or non-compliance with laws and gulationS and how management monitor these processes. Appropriat¢ procedures included the revlew and testing of manual journals and key estimates and judgements made by management for risk of fraud. Based on our understanding of the company and industy, we identified the principal risks of non-compliance with laws and regulations as those that have a direct impact on the deterniination of material amounts and disclosures in the fjnancial statements. We evaluated management's incentives and optM)rtunities for fraudulent manipulation of the financial statements and identified the greatest wtential for fraud. We communicated the identified laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. Audit procedures perfornied include(L but were not limitoj to: Discussions with management including consideration of known or suspected instances of non-compliance with laws and gulatIOn and frdud. Reviewing the financial sthtement disclosures and testing to supporting documentation; Review of board meeting minutes of those charged with governance" In addressing thc risk of fraud through managcment override of controls. testing the appropriateness of journal cntries and other adjustments; As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain profe&sional scepticisln throughout the audit. We also-_ Identify and &ssess the risks of material misstatement of the fmancial st2tementy whether due to fraud or error, design and perforni audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement rcsulting from fraud is higher than for one resulting from error, a5 fraud may involv¢ collusion, forgery, intentional otnissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the charities internal control.
Re ort of the Inde endent Auditors to the Members of lonad Uibh Eacbaeh Evaluate the appropriateness of accounting policies used and the Teasonableness of accounting estimates and related disclosures made by the trustees. Perform analytical procedures to identify any unusual or unexpected relationships that may indicate risks of matcriiil misstatctncnt due to fraud or error. Conclude on the appropriateness of thc trustees, use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitics ability to continue as a going concern. If we conclud¢ that a material uncertainty exists. we are requircd to draw attention in our auditols rep)rt to the rclatcd disclosures in the financial statements or, if such disclosures are inadequate, to modify our opFnion. Our conclusions are based on the audit cvidence obtained up to the date of our audito¢s rcwrL However, future events or conditions may causc the charity to cease to continue as a going concern. Evaluate the overdll presentation, structure. and content of the financial statements. including the disclosures and whether the fmancial statements rq)resent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regardin& among other matters, the planned scope and timing of the audit and significant audit fmdings including significant deficiencies in internal control that we identify during our audit. A further description of our responsibilities for the audit of the financial statements is located on the Financial Rewrting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our Report of the Independ¢nt Auditors. Use of our report This report is made solely to the charitable company's memlry as a lthy, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are wuired to state to them in an auditors, report and for no other purpose. To the fullest extent pemiitted by law. w¢ do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body. for our audit work, for this repo or f r the opinions we have fornied. Billy Drak¢ (Scnior Statutory Auditor) for and on behalf of Lynn Drake & Co Ltd Statutory Auditors I st Floor 34 B-D Main Street Moira CD. Armagh BT67 OLE 10 November 2025 12
Ionad Uibh Eachach Statement of Financial Activities nco oratin an Income and Ex for the Year Ended 31 March 2025 nditsre Account 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted funds nds Notes INCOIVIE AND ENDOWMENTS FROM Charitable activities Grants Receivable 390,209 390,209 380,674 Other trading activities Investment income 4fv1,002 525 464,002 525 407,536 752 Total 464,527 390,209 854,736 788,962 EXPENDITURE ON Charitable activities Direct Charitable Expenditure Governance 430,938 41,758 393,150 824,088 41,758 766,151 34,621 Total 472,696 393.150 865,846 800,772 NET INCOMEI(EXPENDrruRE) (8.169) (2,941) (I 1,110) (11,810) RECONCILIATION OF FUNDS Total funds brought forward 761,448 1941 764.389 776,199 TOTAL FUNDS CARRIED FORWARD 753,279 753,279 764,389 The notes forni part of these financial ststements 13
lonad Uibh Eachach Statem nt f Financial Position 31 March 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets 12 444,955 471,684 CURRENT ASSETS Debtors Cash at bank 13 46.503 268,919 26,753 331,277 315.422 358,030 CREDITORS Amounts falling due within one year 14 (7,098) (65,325} NET CURRENT ASSETS 308,324 292,705 TOTAL ASSETS LESS CURREIYT LIABILITIES 753,279 764,3 89 NET ASSETS 753,279 764,3 89 16 Unrestricted funds Restricted funds 753,279 761,448 2.941 TOTAL FUNDS 753,279 764,389 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on l O NovcFnb¢r 2025 and were Sied on its behalf by: Siobhan McKenna - Trust¢¢ Aisling Walls - Trustee The notes forn] part of these financial statements 14
UibhE h h Statement of Cash Flows for the Year Ended 31 March 2025 31.3.25 31.3.24 Notes C&sh flows from operating a¢tiviti¢s Cash generated from op¢rations (62,883) 37,254 Net &ash (used inyprovided by op¢rdting activitics (62,883) 37,254 Cash flows from investing activitios Interest received 525 752 Net cash provided by investing activities 525 752 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period {61358) 38,006 331.277 293,271 Cash and cash equivalents at the end of the reporting period 268,919 331,277 The notes fomi part of thes¢ financial statements 15
Ionad Uibh Eacbach Notes to the Statement of Cash Flows f r the Year Ended 31 March 2025 RECONCILIATION OF NET EXPENDrruRE TO NET CASH FIA)W FROM OPERATING ACTIvrrIES 31.3.25 31.3.24 Net expenditure for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation chargcs Interest received Increase in debtors (Decreaseyincrease in creditors (11,110) (11.810) 26.729 (525) (19,750) (58,227) 29,714 (752) (18,934) 39,036 Net cash (used inyprovided by operations (62,883) 37,254 ANALYSIS OF CHANGES IN IYET FUNDS At 114124 Cash flow At 3113125 Net &qsb Cash at bank 331,277 (62,358) 268,919 331,277 (62.358) 268,919 Total 331,277 (62,358) 268,919 The not¢s form part of these financial statements 16
Ionad Uibh Eachach Notes to the Financial Statements r Ended 31 March 2025 ACCOUNTING POLICIES Summary of Signifllt accounting policies a) General iDformation and basis of preparation Ionad Uibh Eachach Ltd is constituted as a company limited by guarantee inCor}rated in Northern Ircland (N1631969). In the event of the charty bcing would up, the liability in respect of the guarantee is limit to £1 per MeMr of the charity. The charity constitutes a public benefrt entity as defined by FRS 102. The fmancial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Prnctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in 2019 the Financial Reporting Standard applicable in the United Kingdom and R¢public of Ireland (FRS 102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted Practice. The fmancial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The fu1claI statements are presented in sterling which is the functional currency of the charity.. The significant accounting policies applied in the preparation of these fmancial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. (b) Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designatd for other purFK)ses. Desiated funds comprise unrestrictcd funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is sct out in the notes to the financial statcments. Restricted funds are fijnds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Further explanation of the nature and purpose of each fund is included in the notes to the financial statcments. {c) Ineome recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any perforniance conditions hav¢ been MCL the amount can be measured reliably and it is probable that the income will be received. 17 continued...
Ion dui Notes to the Financial Statements- continued for the Year Ended 31 March 2025 ACCOUNTING POIICIES- eontiDued Summary of significant accounting policies For donations to bc reco]sed the charity will have been notified of th¢ amounts and the settlement datc in writing. If there are conditions attachd to the donation and this requires a level of p¢rforn)ancc before entitlement can be obtained then income is defeed until those conditions arc fully mct or the fulfilment of those conditions is within the control of the charity and it is probable that they will b¢ fulfIlled.Voluntary income is received by way of grants, donations and gifts and is Includ in full in the Statement of Financial Activttics (SOFA) when receivable. Income received from collections is recognis¢d when teccived. Donated facilities and donated PTofe&sional services are recognised in income at their fair value when their econoTnic benefit is probable, it can be measured reliably and the charity h&s control over the item. Fair value is detemiined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for such facilities and services. A correswnding amount is recognised in expenditure. No amount is included in the fmancial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trusttts, Annual Re]x)rt. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recolsed. On occasion legaci¢s will be notified to the charity however it is not possible to Measu the atnount expected to be distributed. On these occasions, th¢ l¢ga¢y is treated as a contingent asset and disclosed. Income from trading activities includes income eamed from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has (Lyurred. The charity receives government grants which are detailed within the notes to these financial statements. Income from government and other grdnts are recognised at fair value when the charity has entitlement after any perfornianc¢ conditions have been meL it is probable that the income will be reccived and the amount can Ix measured reliably. If entitlement is not met then these amounts are def¢ed. Investment income is eamed through holding assets for inveslment purposes such as shares and property. It includes dividends, interest and rent. Where it is not practicabl¢ to identify investment management costs incurred within a scheme with reasonable accuracy the invcsiment income is reported net of these costs. It is included when the amount can be Tneasured reliably. Interest income is reco]sed using the effective interest method and dividend and rent income is rccogniscd as the charity's right to receive payment is established. (d) Expenditure recognition All expenditure is accounted for on an accruals basis, inclusive of VAT which cannot be recovered and has been classified under headings that aggregat¢ all wsts related to the category. Expenditure is recognised where there is a legal or constrnctive obligation to makc payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings: Costs of raising funds includes the costs 0¢lated with atlracting voluntary incomes. 18 continued...
Ionad Uibh Eaehach Notes to the Financial Statements - eoDtiDued for the Year Ended 31 March 202 ACCOUNTING POLICIES- eontinued Summary of significant accounting policies Expenditure on charitable activities includes those costs incurred by the charity in the delivery of its activities and services for its benefjciaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them" and Other expenditure represents those ttems not falling into the categories above. Irrecoverable VAT is charged as an expense against the activity for which expenditure arosc. Grants payable to third partics are within the charitablc objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the granL as this gives risc to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to perforniance then the grant is only accrued when any unfulfilled conditions are outside of the Control of the charity. (e) Support costs allocation Support costs are those that assist the wo]k of the charity but do not directly represent charitable activities and include ofrice costs, governance costs, administrative payroll costs. They are incurred directly in support of ¢xpenditur¢ on the objects of the charity and include project management carried out at Headquarters. Where supwrt Costs cannot be directly attributed to particular headings they have been allorAted to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the reSoUes. Premises overheads have ken allocated on an insert detail basis and other overheads have Eten allocated on a basis consistent with the use of resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating infom)ation in suptK)rt of the charitable activities. The analysis of these costs is included in note 6. (D Tangible fixed assets Tangible fixed assets ar¢ stated at cost le&s accumulated depreciation and accumulated impairn]ent losses. Cost includes costs directly attributable to making the asset capable of operating as intended. tkprcciation is provided on all tangibl¢ f¢d asscts, al rates Calculat to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows: Land & Buildings 41J/o Straight line Fixtures and fittings 20% Strdight Line Computer Equipment - 20 % Straight Line (g) Financial Instruments A fmancial asset or a financial liability is recognised only when the chaTity becomes a paty to the contractual provision of th¢ instrument. Basic financial instruments are initially re£ognised at the amounts receivable or payable including any related trdnsaction costs. 19 continued...
Ionad Uibh Eachaeh Notes to tbe Financial Statements- Continued ror the Year Ended 31 March 202 ACCOUNTING POLICIES- contillued Summary of significant accounting policies Current assets and current liabilities are subsequentty measured at the cash or other consideration expected to be paid or relived and not discounted. Debt instruments are subsequcntly measured at amortised cosL Where investments in sharcs aTC publicty traded or their fair valuc can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value reCols¢d in income and expenditure. All othcr such invesiments are subsequently measurd at cost less impairnient. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond nornial business ternis or financed at a rdte of interest that is not a markct rate, in which case the asset is measured at the present value of the firture payments discounted at a market rat¢ of interest for a similar debt instn]ment. Other fmancial instruments are subsequentty measured at fair value with any Changes recognised in the statement of fll)ancial activitie& with the exception of hgIng instruments in a designed hedging relationship. Financial assets that are measur¢d at cost or amortised cost are reviewed for objective evidence of impairnient at the end of each porting date. if there is objective evidence of impainnent an impairnient loss is recognised under the appropriate heading in the statement of fmancial activities in which the initial gain is recognised. For all equity instruments regardless of significance. and other financial assets that are individually significan( these are assessed individually for impairnienL Other financial assets are either aSSed individually or grouped on the basis of similar ctrdit risk characteristics. Any reVealS of irnpaimient are reco]sed immediately, to the extent that the reversal does not resuh in a carrying amount of the financial asset that exceeds what the caTrying amount would have been had the impainrlent not previously been recognised. (h) Impairnient Assets not rneasured at fair value a revi¢wed for any indication that the asset may be impaired at cach balance sheet date. If such indication exist& the recoverable amount of the asseL or the asset's cash generating uniL is estimated and compared to thc carrying amount. whe the canying amount exc¢cds its recoverable amounL an impairnient loss is reco)ised in profit or loss unless the asset is carried at a revalued amount whcrc the impairtnent loss is a revaluation decrease. (i) Provi8Aons Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past even( it is probable that an oufflow of economic knefits will be required in settlement and the amount can be reliably estimated. ti) ISe8 20 continued...
Ionad Uibb E h h Notss o the FiDancial Statements - continu for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Summary of significant accounting policies Assets acquired under fmanc¢ Icases are capitalised and depreciated over the shorter of the lease terni and the expected useful life of the asset. Minimum lease payments arc apportioned between the financc charge and the reduction of the outstanding lease liability using the effective interest method. The lat¢d obligations, net of future financ¢ charges included in creditors. Rentals payable and receivable under 0ratIng leases are charged to the SOFA on a straight linc basis OVCT the period of the lease. (k) Employee benefits When employees have rendered service to the charity. short-terni employee benefits to which th¢ employees are entitled are recognis¢d at the undiounted amount expected to be paid in exchange for that service. {1) Tax No provision is required for t&Yation as the company is defed &s a charity for taxation purposes. (m) Going concern The financial statements have been prepared on a going concern basis as the trnstees believe that no material uncertainties exist. The mistees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sulTicient with the level of serVeS for the charity to be able to continue as a going concern. (n) Judgements estimat¢s The following judgements including those involving estimates that have been madc in the process of applying the above accounting wTrlicies that have had the most significant effect on the amounts ognised in the fmancial statements and that have a si]fICant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next fmancial year: (i} depreciation method and asset useful lives (li) principal assumptions used to measure multi-employer defined benefit pension h¢es, liabilities, sensitivities to changes in &ssumptions and future funding obligations The estimates and assumptions are revicwcd on an ongoing basis considering the current and future market conditions. Fund accounting UnStriCted funds can be used in accordance with the charitable objectives at the discretion of the trnstees. Restricted funds can only be used for particular restricted PUTP)ses within the objects of the charity. Restrictions arise when specified by the donor or when funds are rdiscd for particular restricted purposes. 21 continued...
Ionad Uibh Each ch Notes to tbe Financial Slatements - continued for the Year Ended 31 M rch 2025 ACCOUF4TING POLICJ£S- continued Fund accounting Further explanation of the nature and pryse of each fund is included in the notes to the financial statcmcnts. Pension costs and other post-retirement benefits The charitable company operates a defmed contribution pcnsion scheme. Contributions payable to the charitsble company's pension scheme are charged to the Statement of Financial ActivitlC5 in the period to which th¢y relat¢. OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Respite Daycare PRC & Training Income Afterschool Fees DOnationsVents/FUndTa1sIng Daycare Fees 4,800 15,338 59,123 2,022 326,253 15,972 67,846 10,043 370,141 464,002 407,536 INVESTMENT ll¥COME 31.3.25 31.3.24 Bank Interest 525 752 INCOME FROM CHARITABLE ACTIVITIES 31.3.25 31.3.24 Activity Grants Receivable Grants 390,209 380,674 Grants receive(L included in the above. are as follows: 31.3.25 31.3.24 Department of Communities D&R Department of Cornmunitics- Education Department of Cornmunitics - NDA BHSCT- SLA BHSCT - Family Support HSCB - Milk Belfast City Council - Revenuc Belfast City Council - Summer Scheme Foras Na Gaeilge - Sceim Oige Brightstart OFMDFM 61.633 32,998 44,921 26.999 13,399 1,698 20,629 2,500 1,750 18,572 60,339 31,119 39,875 26,051 12,471 1,438 20,000 2.500 1,750 18,414 Carried forward 225,099 213.957 22 continued...
Ionad Uibb Eachach Notes to the Financial Ststements - continued for the Year Ended 31 M h 2025 INCOME FROM CHARrrABLE ACTIVTfIES. continued 31.3.25 31.3.24 Brought fonvard Sure Start- Tus Maith Pathway Fund - IUE West Belfast Partn&ship Board Foras Na Gaeilge- C & T Foras Na Gaeilge - G Samhraidh Glor na nGael BHSCT LAC Pilot Scheme Departm¢nt of Communities - Jobstart 225,099 36.020 31,991 2,250 75,870 213,957 35,000 29,999 750 69,789 1,750 3,390 8,645 17,394 4,581 14,214 390,209 380,674 CHARITABLE ACTivrriES COSTS Support costs (see note 6) Direct Costs Totals Direct Charitsble Expenditure Governance 824,088 824,088 41,758 41,758 824,088 41,758 865,846 SUPPORT COSTS Governance costs Governance 41.758 Support costs, included in the above, are as follows- Governance costs 31.3.25 31.3.24 Total activities Govemancc Audit F¢¢ Accountancy F Affiliation Membership Cleaning & First Aid Bank Charges 1,680 3,000 1,943 33,903 1,232 1,680 2,520 1,189 27,913 1,319 41,758 34,621 23 continued...
lonad Uibh Eaehach Notes to the Financial Statements - eontiDued for the Year Ended 31 Ma 25 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargingJ(crediting): 31.3.25 31.3.24 tkpreciation - owned assets 26.729 29,714 AUDrroRS' REMUNERATION 31.3.25 31.3.24 Fees payable to the charity's auditors for the audit of the charity's financial statements Accountancy Fee 1,680 3,000 1,680 2,520 IRUSTEES, REMUNERATION AND BENEFrrs There were no trust¢¢s' remuneration or other benefrts for the year ended 31 March 2025 nor for th¢ year ended 31 March 2024. Trustees, expenses There were no lrnstees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 10. STAFF COSTS 31.3.25 31.3.24 Wages and salaries Social security costs Other pension costs 592,638 32.113 13,060 495.433 25,073 10,878 637,811 531,384 The average monthly number of cmployecs during the year was as follows: 31.3.25 33 31.3.24 32 Office Administration & Programme staff No employces received emoluments in excess of £60,000. The key management personnel of the charity comprise of the Chief Executive and Senior management team. The salaries paid to key management personnel being the Chief Executive Olficer, Childcare Manager& Finance Manager. and Child Care Cowordinator during the year totalled £161.368 (2024: £129,475) 24 continued...
Ionad Uibh Eachaeh Notes to the Financial Statements - eontinued for the Year Ended 31 March 2025 11. COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES Unrestricted Restricted funds nds Total funds INCOME AND ENDowiwYfs FROM Charitable activities Grants Receivable 380,674 380,674 Other trading activities Investment income 407,536 752 407,536 752 Totsl 408,288 380,674 788,962 EXPENDITURE ON Charitable activities Direct Charitable Expenditure Governance 369,416 34.621 396,735 766,151 34,621 Total 404,037 396,735 800,772 NET INCOME/ffXPENDITURE) 4.251 (16,061) (11,810) RECONCILIATION OF FUNDS Total filnds brought forward 757,197 19,002 776,199 TOTAL FUNDS CARRIED FORWIIRD 761.448 2.941 764,389 12. TANGIBLE FIXED ASSETS Fixtures Freehold property Computer equipment fittings Totals COST At l April 2024 and 31 March 2025 585,156 3.978 45286 634.420 DEPRECIATIO At l April 2024 Charge for year 117,030 23,406 3,507 236 42.199 3,087 162,736 26,729 At 31 March 2025 140.436 3,743 45,286 189,465 NET BOOK VALUE At 31 March 2025 444,720 235 444,955 At 31 March 2024 468,126 471 3,087 471,684 25 continued...
lonad Uibh Eachach Notes to the Financial Statements- for the Year Ended 31 March 2025 ntinued 13. DEBTORS: AMouNfs FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors BHSCT Brightstart- OFMDFM tkpartmcnt for Communities HSCB 35,198 2,795 4,643 3,500 367 17,745 4,643 4,048 317 46,503 26,753 14. CREDITORS: AMouNfs FALLING DUE WITHtN ONE YEAR 31.3.25 31.3.24 Trade creditors ACCnlS and deferred income 61,195 4,130 7,098 7,098 65,325 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.25 Total nds 31.3.24 Total funds Unrestricted Restricted funds funds Fixed assets Current assets Current liabilities 444.955 315,422 (7,098) 444,955 315,422 (7.098) 471,684 358,030 (65,325) 753,279 753,279 764,389 16. MOVEMENf IN FUNDS Net movctnent in funds At 3113125 At 114124 Unrestricted funds General fund Designated Reserves 468,671 292,777 (8,169) 460,502 292,777 761,448 (8,169) 753,279 Restricted funds DSD I BRO - Capital 2.941 (2,941) TOTAL FUNDS 764,389 (I I 110) 753,279 26 continued...
Ionad Uibh Eacbach Notes to the Financial Statements - eontinued for the Year Ended 31 March 2025 16. MOVEMENT IN FUNDS - conlinued Net movement in funds. included in the alx)ve are &s follows: Incoming resources Resources cxpended Movement in fLU]ds Unrestricted funds General fund 464,527 (472,696) (8,169) Restricted funds BHSCT Family Support HSCB- Milk Belfast City Council - Revenue Foras Na Gaeilge- Sceim Oige Brightstart OFMDFM Department of Communities - D&R Department of Communities - Education Department of Communities - NDA BHSCT- SLA Belfast City Council Summer Scheme Sure Start - Tus Maith Pathway Fund - IUE West Belfast Partnership Board DSD I BRO- Capital Foras Na Gaeilge - Cultur & Teanga Glor na nGael BHSCT LAC Pilot Schem¢ Department of Communities- Jobstart 13,399 1.698 20,629 1,750 18,572 61,633 (13,399) (1.698) (20,629) (1,750) (18.572) (61,633) 32,998 44,921 26,999 2.500 36,020 31.991 2.250 (32,998) (44,921) (26.999) (2,500) (36,020) (31,991) (2,250) (2,941) (75,870) (184) (4,581) (14,214) (2,941) 75,870 4,581 14,214 390,209 (393.150) (2,941) TOTAL FUNDS 854,736 (865,846) (11,1 10) 27 continued...
Ionad Uibh Eachach Notes to the Financial Statements- eontinued for the Year Ended 31 March 2025 16. MOVEMENT IN FUNDS- eoDtinued Comparatives for movement in funds Net movement in funds At 3113124 At 114123 Unrestrieted funds General fund Designatcd Reserves 464,420 292,777 4.251 468,671 292,777 757,197 4,251 761,448 Restricted funds Dcpartment of Communities- Education DSD / BRO- Capital Foras Na Ga¢ilg¢ - IUC & Project Costs 61 8.941 (61) (6,000) 2,941 10,000 (10,000) 19,002 (16.061) 2,941 TOTAL FUNDS 776,199 (11,810) 764,389 28 continued.,.
Ionad Uibh EaChb Notes to h Finan tatements- continued for the Year Ended 31 March 202 16. MOVEMENT IN FUNDS - eontinued Comparative net movement in fund& included in the above are as follows: Incotning resources Resources expended Movement in funds Unrestricted funds General fund 408,288 (404,037) 4,251 Restricled funds BHSCT Family Support HSCB- Milk Belfast City Council - Revenue Fords Na Gaeilge - Sceim Oige Brightstart OFMDFM Department of Communlties - D&R Department of Communities - Education Department of Communities - NDA BHSCT- SLA Belfast City Council Summer Scheme Sur¢ Start - Tus Maith Pathway Fund - IUE West Belfast Partnership Board DSD / BRO- Capital Foras Na Gaeilge- C & T Foras Na Gaeilge - G Samhraidh Glor na nGael BHSCT LAC Pilot Schem¢ Foras Na Gaeilge - RIC & Project Costs Department of Communities- Jobstart 12,471 1,438 20,000 1.750 18,414 60,339 (12,471) (1,438) (20,000) (1,750) (18,414) (60.339) 31,119 39,875 26,051 2,500 35,000 29,999 750 (31,180) (39.875) (26.051) (2,500) (35,000) (29,999) (750) (6,000) (69,789) (1,750) (3,390) (8,645) (61) (6,000) 69,789 1,750 3,390 8.645 (10,000) (17,394) (10,000) 17.394 380,674 (396,735) (16,061) TOTAL FUNDS 788,962 (800.772) (11,810) 29 continued...
Ionad Ulbh Eachacb Notss to the Financial Statements- continu for the Year Ended 31 March 2025 17. CONTtNGENf LIABILrrIES A contingent liabilty exists to repay grdnts to funders should the charity not fulfill tts obligations. 18. RELATED PARTY DISCLOSURES During the year lonad Uibh FAchach provided key management personnel services to a register1 charity, Gaelchuram UachLv Chluanai. 19. FRC ETHICAL STANDARD- PROVISIONS AVAILABLE FOR SMALL ENTITIES In common with many other businesses of our size and nature we use our auditors to prepare and submit rernS to the tax authorities and wist with the preparation of the financial statements. 20. POST BALANCE SHEET EVENTS There were no Events after the T¢Wrting peri(xl therefore no material issues need disclosed. 21. LIABILITY OF MEMBERS The Liability of the members is Limited Every member of the Charity promises, if the Charity is dissolved while he. she or it is a member or within twelve months aft¢r, he, she or it ceases to be a member, to contribute such sum (not exceeding £1) as may be demanded of him, her or it towards the payment of the debts and liabilities of the Charity incurred befor¢ he, she or it ceases to be a member, and of the COS charges and expenses of winding up, and th¢ adjustment of the rights of the contributories among themselves. 22. LlTrllTED BY GUARANTEE The company is limited by guarantee and has no share capital. 30
Ionad Uibh Eachach Detailed Statement of FinaDeial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Other trading activities Respite Daycare PRC & Training Incomc Aftcrschool Fees Donations/EventslFundraising Daycare Fees 4,800 15,338 59,123 2,022 326,253 15,972 67,846 10,043 370,141 464.002 407,536 Investment income Bank Interest 525 752 Charitable activities Grants 390,209 380,674 Totsl incoming resources 854,736 788,962 EXPENDrruRE Charitable activities Wages Social security Pensions Insurance Light and heat Telephone Postage and stationery Advertising SuDdri¢s Staff Training Staff Travel Repairs & Maintenance Play Resources & Materials Tutor & Facilitation Fees IT SuppK)rt & Maintenance Consumablcs Programme Costs & Events Milk tkpt of Communities - NDA Programme Costs Carried forward 592,638 32,113 13,060 11,511 18,868 6,567 5,874 495,433 25,073 10,878 9,664 22,015 4,337 9,638 1.650 272 1,837 945 29,103 12,187 24,908 1,842 1.567 25,500 1245 E,748 1,867 21,973 7,634 13,051 1,898 3,370 20.715 1,300 17,155 771,342 37,998 716,092 This page do¢s not forni part of the statutory financial statements 31
lonad Uibh Eachacb Detailed Statement of Financi for the Year Ended 31 Marcb 2025 31.3.25 31.3.24 Charitable activities Brought forward Childrcns LuncheslF( HR Support Contracts GCUC Donation Staff Unifornis Consultancy Fees Depreciation Freehold property Depreciation Fixtures&Fittings Dcpreciation Computer Equip 771,342 25,017 716,092 15.671 500 1,000 1,674 2,500 23,406 236 6,072 23,406 236 3,087 824,088 766,151 Support eosts Governance costs Audit Fee Accountancy Fee Affiliation Membership Cleaning & First Aid Bank Charges 1.680 3,000 1,943 33,903 1,232 1,680 2,520 1,189 27,913 1,319 41,758 34,621 Total resources expended 865,846 800,772 Net expenditure (11,110) (11,810) This page does not forni part of the statutory financial statements 32