Page 15 - Kildare CU 2022 AR

INCOME AND EXPENDITURE ACCOUNT
Other interest income and similar income
Net interest income
Other income Other gains
Total income
Expenditure
Salaries
Other management expenses Depreciation
Other losses
Bad debts recovered
Bad debts written off
2
3 4
5
6 Note 12
2022 2021
€€
Income: Schedule Interest on loans 1
Members’ deposits & other interest expenses & similar charges
1,324,048 (3,768) 421,042 1,741,322 15,285 350,477
2,107,084
458,196 838,625 67,049 342,775 (365,872) 8,150
1,348,923
758,161 -
758,161
1,327,615 - 456,246 1,783,861 12,108 -
1,795,969
460,432 823,327 70,639 13,048 (264,652) 4,148
1,106,942
689,027 -
689,027
Total expenditure
Excess of income over expenditure for the year
Other comprehensive income
Total comprehensive income
These financial statements were approved and authorised for issue by the Board on 25th October 2022
Signed on Behalf of the Credit Union
Michelle Kemmy, CEO
Noel McLoughlin, Member of the Board Oversight Committee Judith Boyle, Member of the Board of Directors
Date: 25th October 2022 Date: 25th October 2022 Date: 25th October 2022
The notes on pages 17 to 35 form part of these financial statements.
For the year ended 30 September 2022
Page 13