Page 43 - NEHA 2020 Annual Report

Annual Report 2020 | 43
Notes to the Financial Statements
for the period ended 31 December 2020
21. Commitments under operating leases
The Company did not enter into any new operating leases during the year.
At 31 December 2020 the company had future minimum lease payments due under non cancellable operating leases for each of the following periods:
Not later than 1 year
Later than 1 year and not later than 5 years Later than 5 years
22. Controlling party
The Members of North and East Housing Association Company Limited by Guarantee are considered to be the ultimate controlling party.
23. Post balance sheet events
There were no significant subsequent events, with the exception of the ongoing impact of the Covid 19 pandemic which the company is managing, and which commenced before the balance sheet date, that require disclosure or adjustment to the financial statements.
24. Approval of financial statements
The board of directors approved these financial statements for issue on 17 June 2021.
2020 2019 €€
1,011,750
1,011,750
3,900,641
11,790,388
16,702,779 17,717,301
3,932,891 12,772,660