Naíscoil an Chéide
INCOME & EXPENDITURE ACCOUNT
for the year ended 31 March 2023
| Income EA Grant/PEAGs Snack Fees Council Funding HSCNI SHSCT Donations Fundraising Milk Remit Other Total Income Expenditure Wages Entertainment & Trips Food Equipment Maintenance Postage & Stationery Educational Resources Rent Rates Advertising Telephone Insurance Professional Fees Accountancy Sundry PAYE Pension Contributions Fundraising Expenses Sports Equipment Computer Costs Total Expenditure Profit/(loss) for the financial year |
2023 £ 58,411 910 - 1,861 2,200 555 8,572 891 660 74,060 45,895 890 2,365 1,884 146 420 3,366 1,100 57 - 500 642 660 180 145 1,252 1,444 - 164 - 61,110 12,951 |
2022 £ 47,709 3,573 3,500 10,039 - - 5,990 387 974 72,173 41,040 1,359 2,127 3,256 1,481 273 3,760 1,240 210 20 304 596 1,092 690 44 1,630 193 150 - 600 60,063 12,109 |
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Approval of Account
The foregoing Income & Expenditure Account was approved by the Trustees on 12 June 2023 and signed by Áinín Cassidy
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SCC - Chartered Accountants and Statutory Auditors
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Statement of Assets & Liabilities - Year Ended 31st March 2023
for the year ended 31st March 2023
| Reconciliation of Funds at 31.03.23 Total funds brought forward Surplus/(deficit) this year end Total funds carried forward Bank & Cash Balances Cash at bank and in hand Represented by Unrestricted funds Restricted funds Total Funds |
2023 2022 £ £ 56,518 44,409 12,951 12,109 69,469 56,518 69,469 56,518 69,469 56,518 15,000 15,000 54,469 41,518 69,469 56,518 |
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Notes to the Financial Statements for the Year Ended 31st March 2022
1. Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows;
- a) Preparation of accounts on a going concern basis
The charity generally meets its day to day working capital requirements from its annual income. The trustees have obtained and reviewed cash flow forecasts for the coming year and based on these are satisfied that the charity has the resources to provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore these financial statements have been prepared on a going concern basis.
b) Expenditure
Expenditure is recognised on a cash payment basis.
2.Taxation
Naíscoil and Chéide is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities.
3. Analysis of trustee remuneration and expenses
No trustee received any payments from the charity.
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