ALONE’s Financial Statements outline the finances of ALONE for each year to provide transparency for funders and donators. These documents serve an important purpose in ensuring accountability regarding the organisation’s finances. They provide a detailed account of ALONE’s financial activities over the year, including income, expenditures, assets, and liabilities. The documents help to guide financial planning and decision-making processes to ensure the sustainability and growth of ALONE’s services. They demonstrate how funds are managed and allocated and provide assurance that grants and donations are being used effectively to support the organisation’s mission of helping older people live and age independently at home. ALONE’s financial statements are publicly available and are vital for maintaining transparency, supporting strategic decision-making, facilitating fundraising, ensuring compliance, communicating with stakeholders, and risk management.
This is the 2015 financial statement which outlines several key achievements by the ALONE Trust and subcommittees:
• Committed to plans to respond to ageing demographic by committed to investing €1.3 million over the next three years.
• Three new external independent observers were appointed.
• Secured the Investing in Volunteer Award, renewed ISO standard.
• The Board passed a new Deed of Trust, awaiting approval.
• Trustees declared and created procedures to deal with Conflict of Interest and Code of conduct.
• Three active subcommittees – Finance, HR and Governance, and Services were stabilised and consolidated.
• Introduced Performance Management for all staff.
• Commissioned and oversaw the independent evaluation of the Befriending Service.
