Compliance and Transparency
As a Registered Charity, we at Lakers totally support the need for transparency on our sources of income and how we spend this money for the benefit of our members. We fully endorse the statement (click to view) recently issued by the Wheel – a support and representative body for Charities.
From our most recent set of Audited Accounts, the highlights of our Income & Expenditure Account for 2012 were as follows: -
Funding from HSE and Pobal 227,265
Activity & Membership Fees 106,366
Fundraising net of expenses 22,817
Sundry Receipts 6,678
Salaries incl. PRSI, Pension Contrib etc. 220,921
Other Staff Costs – Training, Travel etc. 2,543
Activity Related Expenses 57,269
Building (Rent, Repairs. Light, Heat etc.) 31,822
Transport (Fuel, Tax, Insurance) 13,606
Professional Fees, Bank Charges etc. 5,874
Office Expenses (Telephone, Print etc.) 9,845
We showed a surplus on our activities of €11,197.
In addition to providing transparency over our finances, early in 2013 we committed to implement the Governance Code, a code of governance for community and voluntary organisations. We are currently on what is known as ‘the Adoption Journey’ or in the course of full implementation of this code. We are also in the process of adopting a Statement of Guiding Principles for Fundraising to ensure that all fundraising activities whether by ourselves or on our behalf follow best practice.
Our Board of Directors contribute their time and experience for free and receive no remuneration or expenses of any kind.
Beyond this brief summary, we encourage our members, supporters and the general public to submit any questions they may have on how Lakers operates and outside the need for confidentiality with respect to our members and staff, we will endeavour to answer fully.
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