Notes to Financial Statements for the year ended 31st December, 2010

1. These Financial Statements cover the year ended 31st December 20102. Income

  2010 2009
 

2 (a) Grant Income    
Total Amount paid by Department of Justice, Equality and Law Reform on behalf of NDA

1,561,795

4,362,964

Total Amount Paid by NDA to Department (A in A)

(36,070)

(207,388)

Total Amount paid by Department of Community, Equality and Gaeltacht Affairs on behalf of NDA

2,288,851

0

 

3,814,576

4,155,576

2 (b) Other Income    
Department of Education and Skills ( NEPS)

0

71,570

EU Funded MHADIE Project

0

14,860

Bank Interest

1

128

DSFA Receipts

17,470

9,133

Rental and Services

0

41,921

Sundry

2,684

2,715

 

20,155

140,327

3. Projects and Commissioned Work

 

2010

2009

 

Excellence through Accessibility Award & Monitoring Scheme

74,320

10,319

New Materials - Library

55,821

42,115

E Learning

48,402

348

Report on views of individuals with disabilities gathered through focus groups on independent/ community living

42,750

0

24 hr Challenge

32,778

20,892

Research re funding for PWD

21,152

24,236

Digital Terrestrial TV

20,500

0

Building For Everyone

19,887

28,535

Annual Research Conference

19,402

23,874

Research into health services for pregnant women with disabilities

17,081

39,983

Abuse Project

12,960

35,074

Research attitudes to Mental Health

12,750

0

Evacuation Related Upgrades

12,596

0

Disability book

11,314

14,580

Need to Knowledge Project

10,000

0

UD In National Legislation workshop

9,685

0

Research Promotion Scheme

8,318

19,141

Research Scholarships

5,802

0

Shared Space Seminar & Policy Paper

4,930

0

Communications Project

4,254

0

BFE Seminar for Planners

3,956

7,945

NDA Annual Report

3,688

5,120

Curriculum Development

3,303

14,580

Review Internal Financial Controls

3,279

4,739

Guidelines on Crisis Pregnancy Counselling

2,439

0

CEUD Advertisement

2,420

0

Information Materials, Part V Disability Act

2,287

6,777

Secondary School Guidance

1,758

0

NDA Advertisement

1,453

0

Monitoring of the Implementation of Codes of Practice

318

1,393

Rehabilitation International Roundtable

196

0

Guidance on UD for Local Authorities

64

0

Survey Module NDS Indicators

0

19,773

Strategic Plan

0

16,085

Guidelines for Marine Transport Operators

0

15,366

Community Living

0

12,017

Universal Urban Design

0

9,875

CEUD Website Design

0

9,401

Jobs Retention Guidelines

0

8,103

Representation of people with disabilities in media

0

6,549

RPS Cultural Psychiatry

0

6,250

Literature Review

0

5,237

WHO Measuring Health And Disability In Europe EU Funded

0

5,041

Mental Capacity Conference

0

4,987

Access Officer Conference

0

3,875

Research into Disability Research Ethics

0

1,474

European Observatory Conference

0

1,344

ICT Procurement seminar

0

1,094

Lifetime Adaptable Housing

0

833

HTML website accessible Conversions

0

798

Centre for Excellence in Universal Design Conference

0

619

ETA Intranet

0

474

Mental Health Advisory Committee

0

413

Access Officer Supports

0

401

COE Publication Launch

0

365

Smart Card Workshop

0

290

Seminar UN convention

0

287

Challenging Attitudes to Mental Health Ad Campaign

0

(22)

NRB Scholarships

0

(14,484)

Publication of Health & Safety Guidelines for Egress

(1,000)

5,980

 

468,863

422,076

4. Payroll Costs

 

2010

2009

 

NDA Staff Pay

2,230,067

2,445,132

Agency Staff

5,471

54,695

NEPS Staff Pay

0

30,320

 

2,235,538

2,530,147

The average number of staff employed by the Authority in the year was 36 (2009: 38).

Director's Remuneration

The Director was paid a salary in 2010 of €98,054 (2009: €97,559) and arrears of €5,035 on the Civil Service Principal Officer Scale. The arrears paid in 2010, which relate to the Grade, are attributable to general round increases due under section 27.17 of Towards 2016 in March and September 2008 and an increment due in 2009. No other payment was made in the year to the Director in the nature of pay. The Director is a member of an unfunded defined benefit public sector scheme and her entitlements do not extend beyond the standard entitlements available under such a scheme.

5. Administration Costs

 

Notes

2010

2009

   

Travel  

28,612

32,140

Training  

17,331

39,511

Conference / Seminar Fees  

6,707

6,576

Recruitment  

0

6,756

Authority Fees & Expenses

6

70,736

55,056

Audit fee  

18,620

23,000

Bank Interest / Charges  

497

595

Canteen/meals  

80,654

103,201

Cleaning / Domestic  

50,508

59,701

Computer Software Non Capital  

15,763

23,036

Computer supplies  

868

249

Consultancy fees  

1,809

2,794

Couriers  

2,863

4,975

Gas / electricity  

41,234

37,595

Health & Safety  

1,315

3,002

Insurance  

14,509

19,982

IT Support  

64,203

0

Late Payment Interest  

28

280

Legal Fees  

6,194

10,318

Maintenance  

25,044

65,923

Office furniture / equipment Non Capital  

430

1,794

Office supplies  

10,102

10,965

Postage and Telephones  

33,766

53,965

Printing / photocopying  

14,704

21,228

Print Management  

12,187

18,729

Public Relations  

0

41,657

Publications / periodicals  

239

5,039

Rates  

70,459

71,899

Representations  

0

219

Security  

11,649

15,089

Subscriptions / Donations  

11,290

12,092

Sundry  

2,833

-4,133

Telephone Maintenance  

2,885

7,879

   

618,039

751,112

6. Authority Fees & Expenses

Expenditure of €62,843 (€43,896 in 2009) in respect of the Authority Fees was paid.

Authority Member

Fees

Expenses paid to or on behalf of

Total

Peter Mckevitt

€8,978.00

€51.20

 
Caroline Burrell

€5,985.00

€186.07

 
Desmond Kenny

€5,985.00

 

 
Fiona Duignan

€5,985.00

 

 
Joanne Mccarthy

€5,985.00

 

 
Mary Lavelle

€5,985.00

 

 
Tara Cunningham

€5,985.00

 

 
Tony Bates

€5,985.00

 

 
Frank Cunneen

€5,985.00

 

 
David Joyce

€5,985.00

 

 
 

€62,843.00

€237.27

€63,080.27

Employers PRSI for Authority    

€6,010.98

Other Expenses    

€1,644.36

     

€70,735.61

7. Fixed Assets

 

Computer Hardware and Software

Office Furniture and Equipment

Premises

Total

 

Cost or Valuation
Balance at 1 January 2010

390,059

311,221

3,941,086

4,642,366

Additions at cost

2,525

1,204

0

3,729

Disposals at Cost

0

0

0

0

Balance at 31 December 2010

392,584

312,425

3,941,086

4,646,095

Accumulated Depreciation
Balance at 1 January 2010

387,771

280,356

769,023

1,437,150

Charged in the year

1,435

16,243

79,302

96,980

Disposals

0

0

0

0

Balance at 31 December 2010

389,206

296,599

848,325

1,534,130

Net Book Value - 31 December 2010

3,378

15,826

3,092,761

3,111,965

Net Book Value - 31 December 2009

2,288

30,865

3,172,063

3,205,216


The Board operates its business from a premises at 25 Clyde road, Ballsbridge, Dublin 4 which it owns. The board does not own or lease any other property.

8. Capital Account

 

Notes

2010

2009

   

Balance at 1 January  

3,205,216

3,315,567

Transfer (to) / from the Income and Expenditure Account
Income applied to purchase fixed assets

7

3,729

1,825

Amortised in the year in line with asset depreciation

7

(96,980)

(112,176)

Release on Disposal of Fixed Assets

7

0

0

   

(93,251)

(110,351)

Balance at 31 December  

3,111,965

3,205,216

9. Cash Flow Reconciliation

 

2010

2009

 

9 (a) Reconciliation Of Deficit For The Year To Cashflow From Operating Activities
Surplus / (Deficit) for the period

115,010

(30,968)

Adjustment for non operating items    
Interest Receivable

(1)

(128)

Movement on Capital Account

(93,251)

(110,351)

Adjustment for non cash items    
Depreciation

96,980

112,176

Change in Debtors

(2,575)

173,598

Change in Creditors

(143,200)

(233,287)

Cashflow from Operating Activities

(27,036)

(88,960)

9(b) Reconciliation Of Cashflow To Movement In Net Funds
Net Funds at 31 December 2009

31,065

121,722

Decrease in Cash

(30,764)

(90,657)

Net Funds at 31 December 2010

301

31,065

10. Superannuation

Under the National Disability Authority Act 1999, the Authority with the approval of the Minister for Justice Equality & Law Reform and the consent of the Minister for Finance, shall make a scheme or schemes for the granting of superannuation benefits to or in respect of the members of staff, including the Director of the Authority.

A Model Scheme has been drafted and is awaiting approval from the Department of Justice, Equality and Law Reform and the Department of Finance.

The National Disability Authority operates unfunded defined benefit of superannuation schemes for staff. Superannuation entitlements arising under the schemes are paid out of current income and are charged to the Income and Expenditure Account, net of employee superannuation contributions, in the year in which they become payable.

At present staff who were formerly staff of the National Rehabilitation Board (NRB) who retire receive Superannuation benefits under the terms of the Local Government Superannuation Scheme. Staff who have been employed by NDA subsequent to its establishment and who retire receive benefits in line with the terms of the Nominated Health Agencies Superannuation Scheme.

(a) Pension Scheme

The results set out below are based on an actuarial valuation of the liabilities in respect of the serving, retired and deceased staff of the NDA as at 31 December 2010. This valuation was carried out by a qualified independent actuary for the purpose of the accounting standard, Financial Reporting Standard No.17- Retirement Benefits (FRS 17).

This valuation was carried out using the projected unit method. The financial assumptions used to calculate scheme liabilities were as follows:

 

2010

2009

2008

2007

2006

Discount Rate

5.5%

5.5%

5.5%

5.5%

5.5%

Salary increase assumption

4%

4%

4%

4%

4%

Pension increase assumption

4%

4%

4%

4%

4%

Price inflation

2%

2%

2%

2%

2%


As the NDA schemes are unfunded, there are no assets held in respect of accrued pension liabilities of the NDA staff.

(b) Net Deferred Funding For Pensions In Year

 

2010

2009

 

Funding recoverable in respect of current year pension costs

1,550,000

1,480,000

State Grant applied to pay pensioners

(536,272)

(819,494)

 

1,013,728

660,506

(c) Analysis of the amount charged to operating profit under FRS 17

  2010 2009
 

Current service cost

550,000

580,000

Interest on pension scheme liabilities

1,000,000

900,000

Employee contribution

(142,720)

(197,783)

Past service cost

-

-

Total operating charge

1,407,280

1,282,217

(d) Deferred Funding Asset for Pensions

The National Disability Authority recognises these amounts as an asset corresponding to the unfunded deferred liability for pensions on the basis of the set of assumptions described above and a number of past events. These events include the statutory basis for the establishment of the superannuation scheme, and the policy and practice currently in place in relation to funding public service pensions including contributions by employees and the annual estimates process. While there is no formal agreement regarding these specific amounts with the Department of Justice, Equality & Law Reform, the National Disability Authority has no evidence that this funding policy will not continue to meet such sums in accordance with current practice. The deferred funding asset for pensions as at 31 December 2010 amounted to €17.1 million (2009: €18.5 million).

(e) Movement in deficit during the year

 

2010

2009

 

Scheme Liability at 1 January

€18,500,000

€16,100,000

Current service cost

€550,000

€580,000

Interest on scheme liabilities

€1,000,000

€900,000

Benefits payable

(€531,000)

(€769,000)

Actuarial loss recognised in STRGL

(€2,419,000)

€1,689,000

Pension Liability

€17,100,000

€18,500,000

History of experience gains and losses

Experience (gains) / losses on scheme liabilities

 

2010

2009

2008

2007

amount

(€2,419,000)

(€300,000)

€245,000

(712,000)

percentage of the present value of the scheme liabilities

(14%)

(2%)

1.5%

(5%)

Pension Levy Contributions

€133,969.18 was deducted from staff by way of pension levy and retained by the Department of Justice Equality and Law Reform.

11. Creditors and Accruals

 

2010

2009

 

Payroll / Sundry Creditors

0

72,283

Accruals

47,280

118,197

Total Creditors

47,280

190,480

12. Debtors And Prepayments

 

2010

2009

 

DOHC / FAS Rental & Services

0

41,921

Sundry Debtors NDA

52,692

3,885

Prepayments

40,307

44,618

Total Debtors

92,999

90,424

13. Contingent Liabilities

There are no contingent liabilities at 31 December 2010.

14. Capital Commitments

The Authority had no outstanding capital commitments as at 31 December 2010.

15. Premises

The Authority operates from a premises at 25 Clyde Road, Ballsbridge, Dublin 4 which it occupies and owns.

16. Approval Of Financial Statements

The Financial Statements were approved by the Authority on 16 June 2011



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