NOTES TO THE FINANCIAL STATEMENTS
Altura Credit Union Limited NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 September 2024
10. KEY MANAGEMENT PERSONNEL
2024 €
2023 €
The management personnel compensation is as follows: Short term employee benefits Payments to defined contribution pension scheme
669,300 73,545 ─────── 742,845 ═══════
655,523
CASH AND CASH EQUIVALENTS Cash and cash equivalents comprise of cash on hand and deposits and investments with a maturity of less than or equal to three months. 2024 € 2023 € Cash and bank balances 8,228,258 6,437,119 Deposits and investments 39,092,106 ═══════ 35,300,289 ═══════ 12. INTANGIBLE FIXED ASSETS Development Costs € 1 69 , 147 - ─────── 169,147 ─────── Total Cost At 1 October 2023 Additions € 169,147 - ─────── 169,147 ─────── At 30 September 2024 Amortisation At 1 October 2023 64,744 64,744 Charge for the year 16,913 16,913 At 30 September 2024 ─────── 81,657 ─────── ─────── 81,657 ─────── Net book value At 30 September 2024 87,490 ═══════ 87,490 ═══════ 104,403 ═══════ At 30 September 2023 104,403 ═══════ 71,053 ─────── 726,576 ═══════ Short term employee benefits include wages, salaries, social security contributions and paid annual leave in respect of the entire management team. 30,863,848 ─────── 28,863,170 ───────
11.
24
Made with FlippingBook - Share PDF online