Annual Report 2019 Finance Report Part 1

Hi, for those of you that don’t know me, my name is Fiona Noone and my role within the Irish Deaf Society is that of Financial Controller. In 2019 we had to make significant changes, both operationally and financially, to…

Annual Report 2019 Finance Report Part 1

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Hi, for those of you that don’t know me, my name is Fiona Noone and my role within the Irish Deaf Society is that of Financial Controller.

In 2019 we had to make significant changes, both operationally and financially, to ensure the survival of IDS.
Some of the changes in 2019 impacted on our financial situation:

• We ceased trading in our Phibsboro shop at the end of January 2019. The shop had to close because the landlord sold the property and land.

• The closure of the shops warehouse resulted in a significant reduction in our running costs and we will see the full benefit of this in 2020.

• As a result of an organisational change in our Education department we successfully increased our funding from SOLAS to support staff costs for our ISL classes

• We succeeded in securing additional funding for our Deaf Adult Classes. Since 2018 our funding from SOLAS has increased year on year with a 32% increase in 2019

• In 2019 we received POBAL funding for 2019-2022 under the Scheme to Support National Organisations and this funding goes towards the core costs of senior roles in IDS.

• We moved our Advocacy Department to the Thomas Mahon building in April 2019 reducing our rent costs.

• In 2019 we started a programme of improvements to modernise the way our finances are managed. This included using a new Accounting Package which means we can produce comprehensive and detailed reports.

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