Page 76 - Aidlink AR 2021
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NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2021 Continued
19. OPERATING LEASE COMMITMENTS
Aidlink moved premises in October 2021 and has 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. Previous commitment of €10,125 expired on October 1 2021.
20. RELATED PARTIES
Included in donations is an amount of €17,887 (2020: €10,024) received from Directors of the company with no conditions attaching. There are no other related party transactions.
21. FINANCIAL INSTRUMENTS
The carrying value of the company’s financial assets and liabilities are summarised by category below:
FINANCIAL ASSETS
Measured at undiscounted amount receivable Debtors and accrued income (see note 15)
FINANCIAL LIABILITIES
Measured at undiscounted amount payable PAYE/PRSI/USC (see note 16)
2021 €
7,202
(3,127)
2020 €
4,931
(9,570)
Aidlink Annual Report 2021 | 74
