Page 33 - Aidlink Financial Statement 2023

Aidlink Financial Statements 2023
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2023
18. OPERATING LEASE COMMITMENTS
Aidlink is entered into a licence agreement with Terenure Enterprise Centre. License is renewable on a monthly basis and as such has no outstanding commitment to a non-cancellable operating lease.
19. RELATED PARTIES
Included in donations is an amount of 2023 €12,286 (2022: €12,476) received from Directors of the company with no conditions attaching. There are no other related party transactions.
20.FINANCIAL INSTRUMENTS
The carrying value of the company’s financial assets and liabilities are summarised by category below:
2023 €
FINANCIAL ASSETS
Measured at undiscounted amount receivable Debtors and accrued income (see note 14)
FINANCIAL LIABILITIES
Measured at undiscounted amount payable PAYE/PRSI/USC (see note 15)
4,538
2,105
2022 €
9,059
3,304
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