Annual Report 2005 - The National Disability Authority

National Disability Authority
Annual Report 2005
Financial Statements for the year ended 31st
December 2005
Income and Expenditure Account for the year
ended 31 December 2005
Notes 2005 2004
INCOME E E
Grant income 2(a) 4,554,612 3,925,379
Net Deferred Funding for Pensions 11(b) 842,190 794,814
European Year of People with Disabilities 6 18,383 629,962
Other Income 2(b) 481,241 458,423
5,896,426 5,808,578
Transfer from (to) Capital Account 9 69,838 165,613
Total income 5,966,264 5,974,191
EXPENDITURE
Projects and Commissioned Work 3 1,166,858 1,138,149
European Year of People with Disabilities 6 23,454 672,948
Development, Support and Administration costs
Payroll 4 2,582,123 2,327,721
Pension Costs 11(c) 1,078,496 865,744
Administration Costs 5 935,915 735,508
Depreciation 8 182,901 234,186
4,779,435 4,163,159
Total Expenditure 5,969,748 5,974,256
(Deficit)/Surplus for the year (3,483) (65)
Retained Surplus at 1 January 2005 376,841 376,906
Retained Surplus at 31 December 2005 373,358 376,841
Statement of Total Recognised Gains and Losses
(Deficit )/Surplus for the year (3,483) (65)
Actuarial Loss/(Gain) on Pension Liabilities 558,000 2,105,000
Adjustment to Deferred Pension Funding (558,000) (2,105,000)
Total Recognised (Loss)/Gain for the year (3,483) (65)
The results for the year relate to continuing operations.
The Statement of Accounting Policies, the Cash Flow Statement, and Notes 1 to 16
form part of these Financial Statements
Signed: (Chairperson) (Authority Member)
(Director)
Date:
73