## **Multi-Ethnic Sports and Cultures NI**
## **(MSCNI)**
## **Financial Statements**
**For the year ended 31[st] December 2024**
Contents
Page
Profit & Loss Account
## **Profit & Loss Account for the year ended 31[st] December 2024**
|**Income**
Funding Received
**Expenditure**
Cost of Service Provided
**Gross Profit**
Distribution Costs
Administrative Expenses
Other operating income
**Operating Profit/Loss**
Profit on the disposal of tangible
fixed assets
Profit on disposal of investments
Gain on revaluation of investments
Interest receivable
Interest payable
**Profit/Loss**
**Profit for financial year**
**(Deficit)/Excess of income**
**over expenditure**|**2024**
**2023**
**2022**
£
£
£
37,759
25,902
33,164
(21,212)
(13,913)
(19,311)|
|---|---|
||16,452
11,989
13,853|
||-
-
-
(11,107)
(11,833)
(11,748)
-
-
-|
||5,440
157
2,105|
||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,440
157
2,105|
||5,440
157
2,105|
|||
## **Preparation of Accounts**
This Profit & Loss account was drawn up on behalf of Multi- Ethnic Sports and Cultures NI by
ArroGroup LTD 254 Suffolk Road Belfast BT11 9PB
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3[rd] June 2025 **Approval of Account**
The foregoing Profit & Loss Account was approved by __________ on 3[rd] June 2025 and signed by
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