Compliance & policy
Donor Transparency & Financial Accountability
Financial year ended 31 December 2025
People in Munster give us money they have earned, often in memory of someone they have lost. The least we owe them is a clear account of where it went. This statement is approved by our board and reflects our audited financial statements.
1. Income for the year
- Total income: €1,284,600
- Public donations and community fundraising: €612,400 (47.7%)
- Corporate partnerships and sponsorship: €288,900 (22.5%)
- Restricted grants (statutory and philanthropic): €241,700 (18.8%)
- Events income: €118,300 (9.2%)
- Bank interest and other: €23,300 (1.8%)
2. How we spent it
87% of total expenditure went directly to charitable activities. 7% was spent on the cost of raising funds and 6% on governance and administration.
3. Cost per outcome
- Average cost to train one person in hands-only CPR and AED use: €3.34
- Average cost of a public AED, cabinet, installation and ten-year servicing: €1,450
- Average cost of supporting one family through a full year of a support group: €96
4. Audit and oversight
Our financial statements are prepared under the Charities SORP (FRS 102) and independently audited each year by a registered audit firm appointed by, and reporting directly to, the board's finance and audit subcommittee. The auditor is rotated at least every seven years. Annual reports and audited accounts are filed with the Charities Regulator and the Companies Registration Office and are available on request from our Ennis office.
5. Reserves policy
The board maintains unrestricted reserves equivalent to between four and six months of operating expenditure — currently €412,000 — so that ongoing training commitments and support groups can continue through a downturn in fundraising. Reserves above that range are released into programme delivery within the following financial year by board resolution.
6. Restricted funds
Where you give to a named appeal — a specific village AED, a school's programme, or cardiac rehabilitation equipment for a named hospital — that money is tracked as a restricted fund and cannot be spent on anything else. Restricted fund movements are disclosed line by line in our annual report.
7. Board remuneration and expenses
No director receives any remuneration, fee, honorarium or benefit in kind. Directors may claim vouched travel expenses at civil service rates; in the year ended 31 December 2025 total director expenses were €1,847. Our highest-paid employee earns €54,000 and the ratio of highest to lowest full-time salary is 1.6:1. Staff salaries are benchmarked against the community and voluntary sector, reviewed annually and disclosed in bands in our annual report.
8. Our donor charter
- We will tell you honestly what your money achieved, including when something did not work.
- We will never sell, rent or exchange your details with any other organisation.
- We will not use pressure, guilt or urgency tactics, and we will not make unsolicited phone appeals.
- We will let you choose how often you hear from us — including not at all — and act on it within five working days.
- We will refund a mistaken donation without asking you to justify it.
- We will answer any question about our finances within ten working days.
9. Questions about our finances
Write to the Treasurer at aundrea-randallb7zt@gmx.com, phone +353 65 682 2871, or check our public entry on the Register of Charities under RCN 20081706.
