The North / South Language Body Annual Report & Accounts 2009

ULSTER-SCOTS AGENCYINCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 20092009 2009 2008 2008STG £ € STG £ €INCOMENotesRevenue Grant from Departments 2 3,082,054 3,459,606 3,205,687 4,025,728Other Income 3 2,244 2,519 165,406 207,719Release from Capital Grant Reserve 12 19,252 21,610 29,076 36,514Net Deferred Funding For Pensions 15c 93,000 104,393 98,000 123,069Total Income 3,196,550 3,588,128 3,498,169 4,393,030EXPENDITUREStaff Costs 4 546,787 613,768 610,698 766,919Other Operating Costs 6 988,007 1,109,038 1,289,629 1,619,527Grants 7 1,378,571 1,547,445 1,251,653 1,571,836Depreciation 8 19,252 21,610 29,076 36,514Pension Costs 15a 93,000 104,393 98,000 123,069Total Expenditure 3,025,617 3,396,254 3,279,056 4,117,865Surplus/(Deficit) for the period 170,933 191,874 219,113 275,165Surplus/(Deficit) carried forward from previous year (190,125) (199,606) (409,238) (552,061)Currency Translation Adjustment (13,879) 77,290Amount Transferred to Reserves (19,192) (21,611) (190,125) (199,606)40