AGM Report Final Booklet

INCOME & EXPENDITURE ACCOUNT for the year ended 30 September 2025

2025 €

2024 €

Income Interest on members' loans

NOTES

- ______ 6,744,377 2,075,404 8,819,781

5,550,691 2,196,462 (605) 7,746,548

4 5

Other interest income and similar income Interest payable on members' deposits

Net interest income

257,781 (42,000)

Other income Exceptional gains / (losses) Employment costs Other management expenses (Schedule 1) Depreciation and Amortisation Reversal of fixed assets impairment Net recoveries/(losses) on lending to members

404,594

7 8 9

-

______ ______ - ______ 165,141 2,328,158 2,328,158 (3,083,840) (3,465,930) (511,588) -

(2,579,206) (2,918,902) (366,428) 15,950 273,095

14 15.3

2,386,838

Surplus of income over expenditure

Other comprehensive income Total comprehensive income

2,386,838

The financial statements were approved and authorised for issue by the Board of Directors on 6th November 2025 and signed on its behalf by;

Chief Executive Officer:

Barry Monaghan

Member of the Board of Directors:

Thomas Fitzpatrick

Member of the Board Oversight Committee:

Mary Quinn

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