## **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|
|---|---|---|
## **Approval of Account**
The foregoing Income & Expenditure Account was approved by the Trustees on 12 June 2023 and signed by Áinín Cassidy
**______________________________________________________________________________________________________**
**SCC - Chartered Accountants and Statutory Auditors**
8
## **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|
|---|---|
__________________________________________________________________________________________ SCC - Chartered Accountants and Statutory Auditors
9
## **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.
________________________________________________________________________________________ SCC - Chartered Accountants and Statutory Auditors
10