ANNUAL 20 REPORT 18 Contents

Introduction 2 Hosting European Championships 2 Strategic Plan 3 NGB Sports 4 Supported High Performance Sports 5 Boccia 5 Classification 5 Anti Doping 6 Tokyo 2020 6 Commercial Partners 6 Sport 7 Athlete update 7 Other Achievements 8 Governance Code 9 Staff 9 Board 9 Conclusion 9 2017 Paralympic Championships Performances 10 Staff Members 13 Board of Directors 13

Membership 13 Financial Statement 14

2018 | | Annual Report | 1 Introduction hundreds of thousands watched on television or via 2018 was a momentous year for Paralympics Ireland at all the live stream. levels. Our athletes competed at major championships and delivered some stellar performances ensuring that a great haul Hosting this event was truly a team effort and it would not of medals were placed around Irish necks. have been possible without the help of our incredible hosting partners; , Swim Ireland and Fáilte Ireland. Both Our dedicated team of partners, staff and volunteers came Sport Ireland and Swim Ireland provided members to our together to deliver an incredible week of major international board along with the assistance and knowledge of their expert competition at the Sport Ireland National Aquatic Centre as the staff in advance of the event and throughout the 7 days of World Para Allianz European Championships were competition. hosted in Dublin. Our planning for Tokyo 2020 continued apace as we confirmed the appointment of our new Chef de Mission. We also had good support from Dublin City Council, Fingal County Council, South Dublin County Council and Dun Hosting European Championships Laoghaire. Our sponsors had a huge role to play in the delivery History was made in August as a major international Paralympic of the event and I would like to pay tribute to Toyota, Citi Group, event was held in Ireland for the first time. The World Para Flogas and Swans. One of the most crucial elements of the Swimming Allianz European Championships took place at events success was the design and delivery of a totally new the Sport Ireland National Aquatic Centre from August 13th brand and, thanks to the help of OLIVER Agency, we certainly to the 19th. Dublin welcomed 400 of the best Para swimmers had a modern and vibrant brand that really made the venue from right across Europe for a week of intense competition as come alive.

2 | Paralympics Ireland | Annual Report | 2018 reaction that we received from the public. The 400 volunteers gathered together at the Sport Ireland National Aquatic centre in their trademark green tshirts and were the welcoming face and helping hands for the 4000 spectators that attended throughout the week and we will always be grateful to them for their help.

In order to put in place the plans to make Dublin 2018 we needed some great leadership. This was provided by the Local Organising Committee, all of whom volunteered their own time. I would like to thank Liam Harbison, Michael Murray, Mary McMorrow, Patrick Haslett, John Hogan, Neal Morrison, Tony Dignam and Sinead Murphy who all contributed hugely throughout. The LOC were complimented by an Operation Committee that consisted of a mixture of staff and volunteers who all took responsibility for their own areas of the event and ensured that each area ran seamlessly and successfully.

We also leaned heavily on the expertise and experience of the International Paralympic Committee and World Para Swimming who were always on hand when assistance was needed. I would particularly like to thank Tracey Glassford, Tony Johnstone, Xavier Gonzalez and Andrew Parsons and their entire team for their assistance and friendship throughout the event.

All of the planning, organising and work that went into Dublin 2018 was done with the aim of providing the best possible event for the athletes and to facilitate them to perform to the highest possible standard. It is fair to say that, after 21 World Records and 29 European Records, Dublin 2018 certainly delivered on this promise.

It was also wonderful to see the event recognised as the Sporting Event of the Year for 2018 at the Irish Sport Industry Awards in April 2019.

I would like to thank every single person who assisted whether they were staff or volunteers, the officials, our friends in World Para Swimming, partners, sponsors, board members, FA leads, coaches, mentors and athletes and every member of the public A special thanks must be given to the Dublin 2018 title sponsors, that attended for making Dublin 2018 a truly world class event. Allianz Ireland. Allianz have been a long standing partner to Paralympics Ireland and that incredible support was replicated Strategic Plan as they became the first commercial title sponsor of a European In April 2019 the Minister for Sport Brendan Griffin joined Para Swimming Championship. Allianz Head of Marketing, us at the Sport Ireland Institute to launch the new strategic Damien O’Neill, has been the driving force behind the successful plan for Paralympics Ireland; ‘Success Takes More.’ The plan partnership and was instrumental throughout the planning and came about as a result of an extensive consultation process delivery of the event and, on behalf of all of us, I would like to that took place throughout 2018. Kotinos were engaged to thank him for his constant support. lead the development of the strategic plan and to carry out the consultations necessary to inform the direction of the new In 2017 we appointed our event director for Dublin 2018, Sinead strategy. A steering group consisting of myself and Paralympics Gordon. This was a vital appointment as Sinead proved to be Ireland board members Pat McGinty and Lisa Clancy directed a highly capable leader and motivator who worked extremely the process in conjunction with Kotinos ensuring that the plan hard across every element of the event and ensured a successful remained realistic and achievable whilst delivering an ambitious delivery of the operations plan. plan that would challenge and excite us in equal measures.

As this was our first time hosting a major event on our own The plan identifies four key pillars; 1. Building an Effective shores we did not have a volunteer base that we could call on High-Performance System 2. Driving Leadership in Para Sport in to assist in the delivery of the event. When we did call out for Ireland 3. Creating a Sustainable Paralympics Ireland Model 4. volunteers in December 2017 we were overwhelmed by the Building the Profile of Paralympics in Ireland.

2018 | Paralympics Ireland | Annual Report | 3 Pillar 2 particularly places an emphasis on the need for that they certainly embraced and in turn they delivered some Paralympics Ireland and the National Governing Bodies excellent performances. for sport and disability sporting organisations to work closely together for the good of para . There is no doubt Each member of Team Ireland reached at least a final which that working together in partnership is the way forward for para is an incredible achievement against a world class field. Team sport and we will immediately begin this collaboration process. Ireland consisted of Patrick Flanagan, Ellen Keane, Ailbhe Kelly, Barry McClements, Jonathan McGrath, Sean O’Riordan, James With each pillar come a number of goals, all of which are set Scully and Nicole Turner. against an important timeline to ensure that delivery can be measured and monitored against key progress indicators. The stand out results from an Irish perspective came from Nicole Turner and Ellen Keane who both delivered the medals Ten ambitious headline goals have been identified that the Irish crowd craved. Ellen Keane secured Ireland’s encompassing all four pillars. Achieving these goals and first medal of the competition in the Women’s SM9 200m implementing the changes that they require will be a priority Individual Medley as the Irish crowd roared her home. Nicole for Paralympics Ireland for 2019 and 2020 to ensure the timely Turner then thrilled the attendance with an incredible success delivery of the benefits they will accrue. in the 50m Butterfly S6 event as she secured a silver medal in one of the most exciting events of the week. The final success Our plan is ambitious. However, it is achievable and measurable in the pool for Ireland was worth waiting for as Ellen Keane and it also sets out a clear pathway towards achieving our produced a dominant performance to outclass the field in the goals. 100m Breaststroke SB8 Final and secure gold for Ireland as the Irish crowd lifted the roof off the National Aquatic Centre in NGB Sports- Swimming and Athletics response to her wonderful performance. One major attraction to hosting the World Para Swimming Allianz European Championships was the opportunity for As the curtain came down on the events at the National Sports our Swimmers to compete in front of the world famous Irish Campus it was over to Berlin where our athletics team were sporting supporters. The support certainly did come out in competing at the World Para Athletics European Championships. numbers as over 4,000 spectators attended throughout the Ireland was represented by a strong team who had high hopes seven days of competition. With that support came additional of performing well and they certainly delivered performances pressure on the 8 person Team Ireland but it was a pressure above and beyond those expectations.

4 | Paralympics Ireland | Annual Report | 2018 In what will be remembered as a golden Tuesday, Ireland secured three gold medals thanks to Greta Streimikyte, Orla Barry and Jason Smyth. Smyth went on to win a second gold medal in the 100m as he extended his incredible unbeaten record to 13 years as he secured his 19th gold medal at major championships. Further gold medals came later in the week thanks to the performances of Noelle Lenihan and Niamh McCarthy. Orla Comerford had a memorable championship as she secured two bronze medals with Jordan Lee performing brilliantly in his first major championships to secure a bronze medal.

Congratulations to the entire team, their coaches and officials who have worked so hard to produce those performances and, hopefully, this will be a sign of things to come in 2019.

Supported High Performance Sports Katie George Dunlevy and Eve McCrystal continued to show their very best form in 2018. The great tandem cycling duo showed their form at the Para Cycling Track World Championships as they secured Ireland’s medals thanks to a third place finish in the 3km Individual Pursuit. The 5 bike team that competed in Rio throughout the championships performed well with a number of national records set and vital experience gained for some riders including Ronan Grimes who went on to secure a medal just one year later.

In May the Irish team made a much shorter journey for the Para Cycling Road World Cup which was held in Ostend, Belgium. Katie George and Eve were again to the fore for Team Ireland and they immediately produced a podium performance as they stormed to a silver medal in the 27km time Trial. Dunlevy and McCrystal returned to the podium just 2 days later but this time they claimed gold in the B Tandem Road Race finishing a full 2 successful championships and reached the last 16 where minutes ahead of 2nd place. That same day Ronan Grimes won he was very unlucky to lose out to X. Shai who was ranked his first medal at a major championship as he secured a bronze seventh in the world. medal in the Men’s C4 80km Road Race. Boccia The World Cup proved to be ideal preparation for the Para The National Championships were held at Dublin City University Cycling Road World Championships, particularly for Katie George on December 1st. It proved to be a day of great competition that and Eve McCrystal who went on to defend their double world was very much enjoyed by all in attendance. championship winning performance of 2017. Katie George and Eve were in exceptional form again as they secured the Time Congratulations to Ciaran Delaney who has been appointed as Trial and Women’s B Tandem Gold medals securing their place in chairperson of the board of Boccia Ireland, I would like to wish history as one of the very best tandem cycling duos of all time. Ciaran the very best of luck in his new role. Congratulations also to Padraic Moran who was reappointed to the board of There was further success for Irish athletes at the final event of Boccia Ireland and also on his appointment to the board of 2018 where Martin Gordon and Eamonn Byrne claimed a silver Sport Ireland. medal in the Tandem B Sprint at the UCI Track World Cup in London. Classification In 2018, 21 national classification days were offered with Congratulations to Power Lifter Britney Arendse who performed 92 athletes being evaluated. There were 18 international particularly well at the Asia-Oceania Open in Japan last classification opportunities with 57 Irish athletes classified. September as she set an amazing World Record as she lifted The national classification system showed to be 98% reliable 98.5 kg to secure a gold medal in the junior section. this year.

Colin Judge represented Ireland with pride at the World Para With the implementation of the updated classification rules Table Tennis Championships last October. Colin was reclassified & regulations for swimming and athletics, 10 athletes from in 2018 into a very tough classification. However, despite the the senior panel (4 for athletics and 6 for swimming) were increased competition he did have a very reclassified in 2018. All the athletes received the expected

2018 | Paralympics Ireland | Annual Report | 5 outcome. Five more athletes from the senior panel including progress. Tokyo will present several challenges for Team Ireland both sports will undergo reclassification in 2019. including time differences, flight times and distances involved. This camp has helped us anticipate those issues and plan for The classification coordinator attended the Joint meetings of the how best to mitigate them and ensure that they have as little IPC, NPCs and International Federations head of classification effect as possible on the athletes. in Bonn, Germany. The meeting is held annually and aims to exchange experiences, discuss issues in common and challenge I would like to thank Dentsu for their role in coordinating our International Federations on the implementation of the IPC Code. Tokyo visits and plans along with Narita City as our pre games training location for the welcome and hospitality that they have Classifier training opportunities were offered by Paralympics extended to our team to date. Ireland in conjunction with the NGBs and International Federations for the following sports: athletics, badminton, We were delighted to appoint Denis Toomey as the Chef football 7-a-side, swimming, table tennis and wheelchair rugby. de Mission for Tokyo 2020. Denis returns to the role having previously occupied the same position at Rio 2016. Denis brings The role of classifiers in the para sport structure can’t be with him a wealth of experience as both an athlete and an underestimated. I would like to acknowledge and thank the administrator. I look forward to working closely with Denis and classifiers for their diligence and professionalism. Thank you the team to ensure that the preparations and facilities are the to all our classifiers, who are an integral part of the para sport best available for Team Ireland. structure, for their support. As part of our preparations for the Paralympic Games we Anti-doping are engaging with Sport Ireland on a Paralympic Performance There were 9 athletes from athletics and 5 swimmers tested Committee which is a forum where information can be in 2018 totaling 42 anti-doping tests throughout the year exchanged with our colleagues. We are fortunate to be able to with no failures. Paralympics Ireland respect and support work closely with Sport Ireland and the Olympic Federation of Sport Ireland Anti-Doping procedures to ensure fairness Ireland who are experiencing many of the same challenges as we in the Para sports. are and we look forward to collaborating in the coming year.

Tokyo 2020 Preparations Commercial Partners The Paralympics Ireland Swimming squad travelled to Tokyo for Paralympics Ireland welcomed Citi Group as our newest a vital training camp as the preparations for Tokyo continue to commercial partners in 2018. Citigroup are a very welcome

6 | Paralympics Ireland | Annual Report | 2018 addition to our group of sponsors and they also supplied 80 Fulham will sit on the Sport Ireland Women in Sport Steering volunteers to Dublin 2018. Allianz, Flogas and Toyota continue Committee that was established as part of the strategy. to be great partners to Paralympics Ireland and I would like to thank them for their ongoing support. Allianz were the One of the most significant events in 2018 was the publication title sponsors for the World Para Swimming Allianz European of the National Sports Policy 2018-2027 by the Department Championships and, thanks to their efforts, they were shortlisted of Transport, Tourism and Sport. The policy recognises the for Sponsor of the Year at the Sport Industry Awards for 2019. importance and influence of sport in Irish society and defines 57 actions that aim to boost sport in Ireland. The policy recognises Sport Ireland that participation levels amongst the disabled community are The funding received from Sport Ireland is essential to both not acceptable and must be addressed. Paralympics Ireland are our high performance and daily operations. We will continue happy to help assist with the implementation of the new policy to work closely with Sport Ireland to ensure that the funding and welcome the involvement of John Fulham in the newly continues to be made available. However, we are very aware established leadership group which will ensure that the voice of of our own responsibilities to generate new income streams disability sport is heard. ourselves which is a major aspect of our new strategic plan. We have set very ambitious goals for income generation and will As part of the new policy a High Performance strategy do our utmost to ensure that those targets are met. is being developed. I am very much looking forward to the production of this strategy. Paralympics Ireland have Sport Ireland launched their Women in Sport strategy in March been part of the consultation process throughout and I am 2019 signalling their intent to increase women’s sustained confident that our own new strategy will be closely aligned to involvement in sport as coaches, volunteers, club members, the new document. athletes, advocates, leaders and participants from grassroots to the podium. The strategy sets out four key objective areas; Athlete Update Coaching & Officiating, Active Participation, Leadership & The athletes commission have had a busy first year and have Governance and Visibility. established themselves as the voice of our para athletes. The commission have met regularly and have made some exciting I am pleased that Paralympics Ireland is already satisfying many plans that will come to fruition during the coming months. of the criteria that are set out for women’s sport in this plan as I would like to thank chairperson, Eoghan Clifford, and his we have equal participation in sport, amongst our staff and at fellow commission members; Jason Smyth, Niamh McCarthy, board level. However, we will certainly not rest on our laurels Padraic Moran, Helen Arbuthnot and Peter Ryan, for all of and will work to ensure that we meet our female sporting their hard work to date and for all that they have planned for obligations. We are also delighted that our president, John the future.

2018 | Paralympics Ireland | Annual Report | 7 2018 has seen some of our Paralympic heroes bring the curtains 2019 down on their very successful careers. Those athletes that have Colin Lynch enjoyed an excellent career as a paracyclist for decided to step away from international competition include: Team Ireland. He competed at 2 Paralympic Games narrowly Eoghan Clifford had a brilliant career in paracycling for Ireland missing out on a medal in London before securing an excellent claiming 15 titles in 5 years including a Paralympic gold medal, silver medal in Rio. Colin went on to win 12 World Cup medals, 5 four world titles and six World Cup Gold medals. However, World Championship medals and he held a World Record Eoghan will continue to be involved in Paralympic sport as he is the chairperson of the athletes commission and also sits on the Other Achievements board of Paralympics Ireland. Our athletes have had great success in the field of competition throughout 2018 and those achievements have also been Paul Keoghan represented Ireland at the Rio Paralympic Games recognised by the Irish Sporting Public in the 400m. Paul was an exceptional competitor and a very valued member of the Irish team throughout his career and RTE Awards: Irish Paralympians featured well in the end of he was the winner of 3 golds at the 2015 CP World Games. year RTE Sports Awards. The Irish Para Athletics team were His last appearance for Ireland came in the 2018 European nominated for the team of the year award after claiming Championships in Berlin nine medals at the European Para Athletics Championships. European Silver medallist, Nicole Turner was nominated in the James Scully was one of the most popular members of the Young Sports Person of the Year. Ellen Keane, Jason Smyth Irish team that throughout his long career in the swimming and Katie George Dunlevy & Eve McCrystal all featured in the pool with Team Ireland. James was an intense competitor nominations for the Sportsperson of the Year award. throughout his career which shone through in his performance that included a World Championship Bronze medal and Irish Times Sportswomen of the Month: Eve McCrystal and 2 European Championship bronze medals. James final Katie George Dunlevy were the recipients of the Irish Times appearance as part of Team Ireland came in his home pool Sportswoman of the Month award for August 2018 after their at the National Aquatic Centre where he was given a hero’s magnificent achievement of defending their double World reception each time he competed. Championship Gold medals in the Para Cycling Road World Championships.

8 | Paralympics Ireland | Annual Report | 2018 Swim Ireland Awards: Para Swimming featured strongly at the Ireland including Emma Heavin, Lyndsey Rankin, Niamh Buffini Swim Ireland awards in November 2018. Paralympics Ireland and Patrick Haslett, and wish them every success in their future. High Performance Director, Dave Malone, was named as the High Performance Coach of the Year and Ellen Keane was Board named as the Para Swimmer of the Year. Ailis McSweeney has come to the end of her term on the board of Paralympics Ireland and I would like to thank her for Irish Sport Industry Awards: The World Para Swimming Allianz enthusiasm and hard work during her time on the board, in European Championships were named as the Sports Event particular as we worked towards compliance to the governance of the Year ahead of some very strong competition including code. I would like to welcome Tony Dignam onto the board as Ireland v the All Blacks, The LGFA All Ireland Final and the All he joined as Finance Officer in 2018. Ireland Hurling Final. We could not do our work without the support, direction and Digital Media Awards: Pundit Arena received the Bronze Medal advice of our board and I would like to recognise our board for their partnership with Allianz and Paralympics Ireland which members who have been such an active and effective group in saw them produce exclusive social media content for the event. a very busy year in 2018.

Governance Code Conclusion A priority focus area for Paralympics Ireland was the adoption of It is clear that there was a huge amount achieved in the Governance Code. We became fully compliant with the code 2018. We are delighted to have our strategic plan as the in December 2018 and will ensure that we always follow best guiding document as we look to the future. In 2019 the practice to maintain our governance to the highest standard. key goals include; I would like to thank our sub group of Ailis McSweeney, John • Complete Team Principles and Selection Document Fulham, Kathleen Gavin and administrator, Natalie O’Callaghan • Gaining qualification slots for Tokyo in multiple sports for all of their work to ensure that Paralympics Ireland is fully • Strategy Implementation through operational plans compliant with the code. • Confirmation of Tokyo pre-camp and operational arrangements Staff • Para Athletics World Championships in Dubai in November There were some changes in the staffing structure within • Para Swimming World Championships in London in Paralympics Ireland in 2018. Natalie O’Callaghan joined the September organisation and is now in the role of Financial Administrator • Close collaboration with NGB’s and sports bodies and and Trevor O’Rourke came in as our new Head of Commercial establishment of MOU’s & Funding. • Establish a High Performance Advisory Group

I would like to thank our departed members of staff for their hard work and diligence during their time with Paralympics

2018 | Paralympics Ireland | Annual Report | 9 2018 Irish Paralympics Championship Performances

WORLD PARA ATHLETICS EUROPEAN CHAMPIONSHIPS (BERLIN) Sport Athlete Event Result Placing Medal Records/Personal Bests Athletics Jason Smyth T13 100m 10.66 1st Gold CR Athletics Jason Smyth T13 200m 21.44 1st Gold CR & SB Athletics Orla Barry F57 Discus 28.76 1st Gold Athletics Noelle Lenihan F38 Discus 32.95m 1st Gold WR Athletics Greta Streimikite T13 1500m 4.48.54 1st Gold Athletics Niamh McCarthy F41 Discus 31.76m 1st Gold CR Athletics Orla Comerford T13 100m 12.82 3rd Bronze Athletics Orla Comerford T13 200m 26.71 3rd Bronze T47 High Athletics Jordan Lee 1.75m 3rd Bronze Jump Athletics David Leavy T38 1500m 04:28.7 7th Athletics Patrick Monahan T53 400m 55.99 5th Athletics Patrick Monahan T53 800m 1:51.76 4th Athletics Paul Keogan T37 200m 25.2 5th Athletics Paul Keogan T37 400m 56.48 4th SB

World Series: The World Series takes place across a number of countries from January to July each year. In 2018, a total of 904 para swimmers across the world competed for the top rankings. The Irish para-swim team competed in 2 of the 5 World Series Events in 2018; Indianapolis & Sheffield. Ireland was represented by 2 para swimmers and 9 para swimmers respectively at these events. Our results from the World Series were as follows:

PARA WORLD SERIES (OVERALL) Swimmer Rank Total Number of competitors Ellen Keane 27th Nicole Turner 45th 366 Ailbhe Kelly 215th Barry McClements 184th Jonathan McGrath 276th Patrick Flanagan 291st 538 Sean O’Riordan 359th James Scully 368th

PARA WORLD SERIES (JUNIOR) Swimmer Rank Total Number of competitors Nicole Turner 15th 136 Barry McClements 46th 128

Team: 22nd out of 44 teams

10 | Paralympics Ireland | Annual Report | 2018 WORLD PARA SWIMMING ALLIANZ EUROPEAN CHAMPIONSHIPS, DUBLIN Name Event Time Result SB/PB James Scully S5 200m Freestyle 02:58.3 5th SB S5 100m Freestyle 01:21.9 7th SB S5 50m Freestyle 37.13 10th PB Ailbhe Kelly SM8 200m IM 02:16.0 7th PB S8 400m Freestyle 05:34.0 6th PB S8 100m Backstroke 01:26.5 7th S8 100m Freestyle 01:18.3 8th SB Nicole Turner S6 50m Freestyle 36.07 6th PB S6 100m Freestyle 01:18.7 5th PB S6 100m Backstroke 01:36.3 6th SB6 100m Breaststroke 01:43.7 4th PB SM6 200m IM 03:09.3 5th PB S6 50m Butterfly 36.75 Silver PB Patrick Flanagan SM6 200m IM 03:20.5 DQ in final PB (in heats) S6 400m Freestyle 05:40.1 4th S6 100m Backstroke 01:25.8 5th PB S6 100m Freestyle 01:23.4 9th Jonathan McGrath S8 400m Freestyle N/S DQ S8 100m Freestyle 01:07.4 6th PB S8 100m Backstroke 01:18.0 5th SB Ellen Keane S9 100m Butterfly 01:12.4 4th S9 100m Backstroke 01:15.9 4th SB SM9 200m IM 02:40.6 Bronze SB8 100m Breaststroke 01:23.3 Gold Barry McClements S9 100m Butterfly 01:03.1 5th S9 100m Backstroke 01:09.9 11th S9 100m Freestyle 01:01.2 16th S9 400m Freestyle 04:30.3 6th Sean O’Riordan SB13 100m Breaststroke 01:21.3 7th PB SM13 200m IM 02:36.0 10th PB S13 100m Backstroke 01:11.0 8th PB S13 100m Freestyle 01:01.4 10th PB S13 50m Freestyle 28.82 11th

ASIA-OCEANIA OPEN CHAMPIONSHIP, KITAKYUSHU Name Event Result Placing SB/PB Britney Arendse Women's Up to 67kg 93kg JWR

PARA TABLE TENNIS WORLD CHAMPIONSHIPS, SLOVENIA Name Event Result Placing SB/PB Colin Judge Class 3 Last 16

2018 | Paralympics Ireland | Annual Report | 11 PARA CYCLING TRACK WORLD CHAMPIONSHIP, RIO DE JANEIRO Name Event Result Placing Medal SB/PB Men's Elite Individual Pursuit Individual Peter Ryan/Sean Hahessy 8 Time Trial B MartinGordon/Eamonn Byrne Men's Elite 1km Time Trial B 14 Peter Ryan/Sean Hahessy Men's Elite 1km Time Trial B 16 MartinGordon/Eamonn Byrne Men's Elite Sprint B 6 Colin Lynch Men's Elite Individual Pursuit C2 13 Colin Lynch Men's Elite 1km Time Trial C2 15 Colin Lynch Men's Elite Scratch C2 9 Ronan Grimes Men's Elite Individual Pursuit C4 8 Ronan Grimes Men's Elite 1km Time Trial C4 10 Ronan Grimes Men's Elite Scratch C4 3 Bronze Katie George Dunlevy/ Women's Elite Individual Performance B 3 Bronze Eve McCrystal Katie George Dunlevy/ Women's Elite 1km Time Trial B 7 Eve McCrystal Katie George Dunlevy/ Women's Elite Sprint B 4 Eve McCrystal

PARA CYCLING ROAD WORLD CHAMPIONSHIPS, MANIAGO Name Event Result Placing Medal SB/PB Peter Ryan Men's Elite Individual Time Trial B 7 Damien Vereker Men's Elite Individual Time Trial B 12 Colin Lynch Men's Elite Individual Time Trial C2 12 Colin Lynch Men's Elite Individual Road Race C2 19 Ronan Grimes Men's Elite Individual Time Trial C4 12 Ronan Grimes Men's Elite Indiviual Road Race C4 11 Katie George Dunlevy/ Women's Individual Time Trial B 1 Gold Eve McCrystal Katie George Dunlevy/ Women's Individual Road Race B 1 Gold Eve McCrystal

12 | Paralympics Ireland | Annual Report | 2018 STAFF MEMBERS MEMBERSHIP Name Role NGB Miriam Malone CEO Archery Ireland Dave Malone Performance Director Head of Commercial Canoeing Ireland Trevor O'Rourke and Funding Communications and Derek Kinnevey Football Association of Ireland (Associate Member) Marketing Manager Hayley Burke Para Swimming Manager James Nolan Head of Para Athletics Irish Sailing Association (Associate Member) Ana Maia Classification Co-Ordinator Irish Taekwondo Union Natalie O’Callaghan Financial Administrator Table Tennis Ireland Triathlon Ireland BOARD OF DIRECTORS Multisport NGB Members Name Role Vision Sports Ireland President John Fulham Irish Wheelchair Association (Sport) Vice President Eimear Breathnach Other Paralympic Sports Vice President Mairead Farquarharson Boccia Ireland (PI) Finance Officer/ Tony Dignam Company Secretary Football 5 a side (VSI) Member at Large Lisa Clancy Paralympic Athletics (PI) Member at Large Pat McGinty Paralympic Swimming (PI) Member at Large Brendan Jennings Wheelchair Basketball (IWA) Member at Large Jennifer Chamberlaine Wheelchair Rugby (IWA) Athletes Representative Eoghan Clifford

HONORARY LIFE MEMBER Anne Ebbs

2018 | Paralympics Ireland | Annual Report | 13 Financial Statements Paralympics Ireland CLG

For the financial year ended 31 December 2018

Registered number: 339700

14 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee)

Company Information

Directors John Fulham (President) Eimear Breathnach (Vice President) Mairead Farquharson (Vice President) Brendan Jennings Jennifer Chamberlaine Ailis McSweeney Lisa Clancy Pat McGinty (appointed 29 March 2018) Eoghan Clifford (appointed 29 March 2018) Tony Dignam (appointed 3 May 2018) Orla Mitton (resigned 29 March 2018) James McCarthy (resigned 29 March 2018) Jimmy Gradwell (resigned 29 March 2018)

Tony Dignam (appointed 13 March 2019) Company secretary Ailis McSweeney (appointed 29 March 2018, resigned 12 March 2019)

Registered number 339700

Registered office Irish Sports HQ National Sports Campus Blanchardstown Dublin 15

Independent auditor Grant Thornton Chartered Accountants & Statutory Audit Firm City Quay Dublin 2

Bankers Bank of Ireland Killester Dublin 3

Solicitors Leman Solicitors 8-34 Percy Place Dublin 4

Charity number 20041700

2018 | Paralympics Ireland | Annual Report | 15 Paralympics Ireland CLG (A company limited by guarantee)

Contents

Page

Directors' report 1 - 2

Directors' responsibilities statement 3

Independent auditor's report 4 - 7

Statement of comprehensive income 8

Statement of financial position 9

Statement of changes in equity 10

Notes to the financial statements 11 - 20

16 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee) Directors' report For the financial year ended 31 December 2018

The directors present their annual report and the audited financial statements for the financial year ended 31 December 2018.

Principal activities

The principal activity of the company during the financial year was to promote, encourage, support involvement in high performance sport of people with disabilities of an intellectual, physical, physiological or sensory nature.

In addition to the normal activities the company ran the 2018 European Para Swimming Championships through a subsidiary company 2018 European Para Swimming Championships DAC (the DAC). This turned out to be a superb event with an incredible contribution being made by all the staff and board of Paralympics Ireland, the board of the DAC, host partners Swim Ireland, Sport Ireland and Failte Ireland as well as hundreds of volunteers. The board of Paralympics Ireland CLG would like to thank both IPC and Sport Ireland for their support, along with the board of DAC for this superb event.

Results

The surplus for the financial year, after taxation, amounted to €19,252 (2017: €142,298).

Directors

The directors who served during the financial year, except as noted, were as follows: Tony Dignam (appointed 3 May 2018) Orla Mitton (resigned 29 March 2018) James McCarthy (resigned 29 March 2018) Jimmy Gradwell (resigned 29 March 2018)

John Fulham (President) Eimear Breathnach (Vice President) Mairead Farquharson (Vice President) Brendan Jennings Jennifer Chamberlaine Ailis McSweeney Lisa Clancy Pat McGinty Eoghan Clifford

Political contributions

There was no political contributions during the financial year.

Accounting records

The measures taken by the directors to ensure compliance with the requirements of Sections 281 to 285 of the Companies Act 2014 with regard to the keeping of accounting records, are the employment of appropriately qualified accounting personnel and the maintenance of computerised accounting systems. The company's accounting records are maintained at the company's registered office at Irish Sport HQ, National Sports Campus, Blanchardstown, Dublin 15.

Events since the end of the financial year

There have been no significant events affecting the company since the financial year end.

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2018 | Paralympics Ireland | Annual Report | 17 Paralympics Ireland CLG (A company limited by guarantee)

Directors' report (continued) For the financial year ended 31 December 2018

Future developments

The company plans to continue in its present activities.

Governance Code

The board has undertaken a review of the governance code and have a plan in place to meet all the requirement of the code. A report on compliance with the code will be included in the financial statement for the year ended 31 December 2018.

Statement on relevant audit information

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

• so far as the director is aware, there is no relevant audit information of which the company's auditor is unaware, and • the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the company's auditor is aware of that information.

Branches outside the state

There are no branches of the company outside the State.

Auditor

The auditor, Grant Thornton, continues in office in accordance with section 383(2) of the Companies Act 2014.

This report was approved by the board and signed on its behalf.

...... John Fulham (President) Tony Dignam Director Director

Date:

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18 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee)

Directors' responsibilities statement For the financial year ended 31 December 2018

The directors are responsible for preparing the Directors' report and the financial statements in accordance with Irish law and regulations.

Irish company law requires the directors to prepare the financial statements for each financial year. Under the law, the directors have elected to prepare the financial statements in accordance with Irish Generally Accepted Accountign Practice in Ireland, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and '.

Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the assets, liabilities and financial position of the company as at the financial year end date, of the profit or loss for of the company that financial year and otherwise comply with the Companies Act 2014.

In preparing these financial statements, the directors are required to: • select suitable accounting policies and then apply them consistently; • make judgments and accounting estimates that are reasonable and prudent; • state whether the financial statements have been prepared in accordance with applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards; and • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for ensuring that the company keeps or causes to be kept adequate accounting records which correctly explain and record the transactions of the company, enable at any time the assets, liabilities, financial position and profit or loss of the company to be determined with reasonable accuracy, enable them to ensure that the financial statements and Directors' report comply with the Companies Act 2014 and enable the financial statements to be audited. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the board

...... John Fulham (President) Tony Dignam Director Director

Date:

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2018 | Paralympics Ireland | Annual Report | 19 (A company limited by guarantee)

Independent auditor's report to the members of Paralympics Ireland CLG

Opinion

We have audited the financial statements of Paralympics Ireland CLG, which comprise the Statement of comprehensive income, the Statement of financial position, the Statement of changes in equity for the financial year ended 31 December 2018, and the related notes to the financial statements, including a summary of significant accounting policies.

The financial reporting framework that has been applied in the preparation of the financial statements is Irish law and accounting standards issued by the Financial Reporting Council including FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (Generally Accepted Accounting Practice in Ireland).

In our opinion, Paralympics Ireland CLG's financial statements:

• give a true and fair view in accordance with Generally Accepted Accounting Practice in Ireland of the assets, liabilities and financial position of the company as at 31 December 2018 and of its financial performance for the financial year then ended; and • have been properly prepared in accordance with the requirements of the Companies Act 2014.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (Ireland) (ISAs (Ireland)) and applicable law. Our responsibilities under those standards are further described in the 'responsibilities of the auditor for the audit of the financial statements' section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of financial statements in Ireland, namely the Irish Auditing and Accounting Supervisory Authority (IAASA) Ethical Standard concerning the integrity, objectivity and independence of the auditor, and the ethical pronouncements established by Chartered Accountants Ireland, applied as determined to be appropriate in the circumstances for the entity. We have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (Ireland) require us to report to you where:

• the directors' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or • the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.

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20 | Paralympics Ireland | Annual Report | 2018 (A company limited by guarantee)

Independent auditor's report to the members of Paralympics Ireland CLG (continued)

Other information

Other information comprises information included in the Annual Report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies in the financial statements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by the Companies Act 2014

• We have obtained all the information and explanations which we consider necessary for the purposes of our audit. • In our opinion the accounting records of the company were sufficient to permit the financial statements to be readily and properly audited. • The financial statements are in agreement with the accounting records. • In our opinion the information given in the Directors' report is consistent with the financial statements. Based solely on the work undertaken in the course of our audit, in our opinion, the Directors' report has been prepared in accordance with the requirements of the Companies Act 2014.

Matters on which we are required to report by exception

Based on our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' report.

Under the Companies Act 2014, we are required to report to you if, in our opinion, the disclosures of directors' remuneration and transactions specified by sections 305 to 312 of the Act have not been made. We have no exceptions to report arising from this responsibility.

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2018 | Paralympics Ireland | Annual Report | 21 (A company limited by guarantee)

Independent auditor's report to the members of Paralympics Ireland CLG (continued)

Responsibilities of the management and those charged w ith governance for the financial statements

As explained more fully in the directors' responsibilities statement, management is responsible for the preparation of the financial statements which give a true and fair view in accordance with Generally Accepted Accounting Practice in Ireland, including FRS102, and for such internal control as they determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the management either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Those charged with governance are responsible for overseeing the company's financial reporting process.

Responsibilities of the auditor for the audit of the financial statements

The auditor's objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (Ireland) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with ISAs (Ireland), the auditor will exercise professional judgment and maintain professional scepticism throughout the audit. They will also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the company's internal control. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

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22 | Paralympics Ireland | Annual Report | 2018 (A company limited by guarantee)

Independent auditor's report to the members of Paralympics Ireland CLG (continued)

Responsibilities of the auditor for the audit of the financial statements (continued)

• Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If they conclude that a material uncertainty exists, they are required to draw attention in the auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify their opinion. Their conclusions are based on the audit evidence obtained up to the date of the auditor's report. However, future events or conditions may cause the company to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves a true and fair view.

The Auditor shall communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that may be identified during the audit.

The purpose of our audit w ork and to whom we ow e our responsibilities

This report is made solely to the company’s members, as a body, in accordance with section 391 of the Companies Act 2014. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Noel Delaney FCA for and on behalf of Grant Thornton Chartered Accountants Statutory Audit Firm Dublin 2 Date:

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2018 | Paralympics Ireland | Annual Report | 23 Paralympics Ireland CLG (A company limited by guarantee)

Statement of comprehensive income For the financial year ended 31 December 2018

2018 2017 Note € €

Income 1,611,279 1,394,172 Direct costs 4 (1,125,609) (725,117)

Gross surplus 485,670 669,055 Administrative expenses (466,418) (526,757)

Operating surplus 5 19,252 142,298 Tax on surplus - -

Surplus for the financial year 19,252 142,298

All amounts relate to continuing operations.

There was no other comprehensive income for 2018 (2017: €NIL).

The notes on pages 11 to 20 form part of these financial statements.

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24 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee)

Statement of financial position As at 31 December 2018

2018 2017 Note € € Fixed assets Tangible assets 8 2,000 2,600 Financial assets 9 100 100 2,100 2,700 Current assets Debtors: amounts falling due within one year 10 58,681 41,931 Cash at bank and in hand 11 529,407 464,121 588,088 506,052 Current liabilities Creditors: amounts falling due within one year 12 (175,049) (112,865)

Net current assets 413,039 393,187

Net assets 415,139 395,887

Funds Accumulated funds 415,139 395,887

Members' funds 415,139 395,887

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A for small entities.

The financial statements were approved and authorised for issue by the board:

...... John Fulham (President) Tony Dignam Director Director

Date:

The notes on pages 11 to 20 form part of these financial statements.

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2018 | Paralympics Ireland | Annual Report | 25 Paralympics Ireland CLG (A company limited by guarantee)

Statement of changes in equity For the financial year ended 31 December 2018

Accumulated funds Total equity € € At 1 January 2018 395,887 395,887

Comprehensive income for the financial year Surplus for the financial year 19,252 19,252

At 31 December 2018 415,139 415,139

Statement of changes in equity For the financial year ended 31 December 2017

Accumulated funds Total equity € € At 1 January 2017 253,589 253,589

Comprehensive income for the financial year Surplus for the financial year 142,298 142,298

At 31 December 2017 395,887 395,887

The notes on pages 11 to 20 form part of these financial statements.

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26 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee) Notes to the financial statements For the financial year ended 31 December 2018

1. General information

Paralympics Ireland CLG is a company limited by guarantee, having no share capital and incorporated in Ireland (Registered number 339700) with a registered office at Irish Sport HQ, National Sports Campus, Blanchardstown, Dublin 15. It is a registered sports body.

2. Accounting policies 2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and Irish statute comprising of the Companies Act 2014.

The company qualifies as a small company as defined by section 280A of the Act, in respect of the financial year and has applied the rules of the ‘Small Companies Regime’ in accordance with section 280C of the Act and section 1A of FRS 102.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies (see note 3).

The financial statements are presented in Euro (€).

The following principal accounting policies have been applied:

2.2 Income

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: • the amount of revenue can be measured reliably; • it is probable that the company will receive the consideration due under the contract; • the stage of completion of the contract at the end of the reporting period can be measured reliably; and • the costs incurred and the costs to complete the contract can be measured reliably.

All income is recognised in the year in which they relate.

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2018 | Paralympics Ireland | Annual Report | 27 Paralympics Ireland CLG (A company limited by guarantee)

Notes to the financial statements For the financial year ended 31 December 2018

2. Accounting policies (continued)

2.3 Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the Statement of comprehensive income at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.

Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

2.4 Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the Statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

2.5 Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles - 25% straight line Office equipment - 33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

2.6 Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

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28 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee)

Notes to the financial statements For the financial year ended 31 December 2018

2. Accounting policies (continued)

2.7 Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value including transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8 Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9 Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value including transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10 Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the Statement of financial Page 13

2018 | Paralympics Ireland | Annual Report | 29 Paralympics Ireland CLG (A company limited by guarantee)

Notes to the financial statements For the financial year ended 31 December 2018

2. Accounting policies (continued)

2.10Financial instruments (continued)

position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. Judgments in applying accounting policies and key sources of estimation uncertainty

Preparation of the financial statements requires management to make significant judgments and estimates. The items in the financial statements where these judgments and estimates have been made include:

Estimating allowance for impairment of debtors The company maintains provisions for impaired accounts at a level considered adequate to provide for probable uncollectible receivables. The level of this provision is regularly evaluated and normally consists of past due accounts that are neither subject of ongoing negotiations with management to revise payment schedules nor secured with any collateral. Impairment amount at the period ended amounted to €Nil.

Useful lives of depreciable assets The annual depreciation charge depends primarily on the estimated lives of each type and component of asset and, in certain circumstances, estimates of fair values and residual values. The directors annually review these asset lives and adjust them as necessary to reflect current thinking on remaining lives in light of technological change, prospective economic utilisation and physical condition of the assets concerned.

4. Analysis of income

An analysis of turnover by class of business is as follows:

2018 2017 € €

Sport Ireland grants 1,414,500 1,085,000 Sport NI grants 1,369 100,912 Other grants 7,464 - Fundraising, donations and sponsorship 176,838 169,917 Other income 11,108 38,343 1,611,279 1,394,172

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30 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee) Notes to the financial statements For the financial year ended 31 December 2018

4. Analysis of income (continued)

All turnover arose in the Republic of Ireland and .

Analysis of grant income from Sport Ireland:

2018 2017 € €

Sport Ireland - Core grant 375,000 375,000 Sport Ireland - Performance grant 665,000 665,000 Sport Ireland - Boccia and CP Football 22,500 45,000 Sport Ireland - Carding 352,000 - 1,414,500 1,085,000

The Department of Transport, Tourism and Sports is the sponsoring department for all Sport Ireland grant income.

This is the first year that Carding has been given to Paralympics Ireland which has been passed on to specific athletes. In the past this was done directly by Sport Ireland. There is an equivalent cost of €352,000 which is included in Direct costs that was not there in prior years.

5. Surplus on ordinary activities before taxation

The surplus is stated after charging:

2018 2017 € € Depreciation of tangible fixed assets 1,300 7,276 Defined contribution pension cost 20,052 13,442

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2018 | Paralympics Ireland | Annual Report | 31 Paralympics Ireland CLG (A company limited by guarantee) Notes to the financial statements For the financial year ended 31 December 2018

6. Employees

The average monthly number of employees, including the directors, during the financial year was as follows:

2018 2017 No. No. Number of administrative staff 11 10

Capitalised employee costs during the financial year amounted to €Nil (2017: €Nil).

The directors did not receive any remuneration during the financial year.

Key management remuneration amounted to a total cumulative figure for 2018 of €288,800 (2017: €264,959).

Key management remuneration includes salary, employers PRSI and employers pension contribution.

7. Taxation

The company does not engage in a taxable activity and has been granted charitable tax exemption under reference CHY 13420. The charity number of the company is 20041700.

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32 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee) Notes to the financial statements For the financial year ended 31 December 2018

8. Tangible fixed assets

Motor Office vehicles equipment Total € € €

Cost or valuation At 1 January 2018 23,910 3,900 27,810 Additions - 700 700

At 31 December 2018 23,910 4,600 28,510

Depreciation At 1 January 2018 23,910 1,300 25,210 Charge for the financial year on owned assets - 1,300 1,300

At 31 December 2018 23,910 2,600 26,510

Net book value

At 31 December 2018 - 2,000 2,000

At 31 December 2017 - 2,600 2,600

9. Financial assets

Investment in a subsidiary €

Cost or valuation At 1 January 2018 100

At 31 December 2018 100

Net book value

At 31 December 2018 100

At 31 December 2017 100

The investment in a subsidiary pertains to the investment in 2018 European Para Swimming Championships DAC, a wholly owned subsidary of the company incorporated in Ireland.

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2018 | Paralympics Ireland | Annual Report | 33 Paralympics Ireland CLG (A company limited by guarantee) Notes to the financial statements For the financial year ended 31 December 2018

10. Debtors

2018 2017 € €

Trade debtors 49,800 37,720 Amounts owed by a subsidiary company 8,881 - Other debtors - 4,211 58,681 41,931

Amounts owed by a subsidiary company are unsecured, interest free and repayable on demand.

All amounts are receivable within one year.

11. Cash and cash equivalents

2018 2017 € € Cash at bank and in hand 529,407 464,121

12. Creditors: Amounts falling due within one year

2018 2017 € € Trade creditors 2,767 14,599 Amounts owed to a subsidiary company - 56,872 Taxation and social insurance 12,389 15,490 Other creditors 261 261 Accruals 47,720 25,643 Deferred income 111,912 - 175,049 112,865

Trade and other creditors are payable at various dates over the coming months, in accordance with the suppliers' usual and customary credit terms.

Amounts owed to a subsidiary company are unsecured, interest free and repayable on demand.

Other taxes including social insurance are repayable at various dates over the coming months in accordance with the applicable statutory provisions.

The terms of accruals and deferred income are based on underlying contracts.

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34 | Paralympics Ireland | Annual Report | 2018 Paralympics Ireland CLG (A company limited by guarantee) Notes to the financial statements For the financial year ended 31 December 2018 2018 2017 € € Other taxation and social insurance

PAYE/PRSI 12,389 15,490

13. Company status

Paralympics Ireland CLG is a company not having a share capital. Every member undertakes to contribute to the assets of the company, in the event of same being wound up while they are still a member or within year after they cease being a member, for payment of the debt and liabilities of the company contracts before they cease to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the right of the contributories amount themselves, such amount as may be required not exceeding €1.00.

14. Boccia

During the prior financial year, Paralympics Ireland commenced the managing of the governance of Boccia Ireland. The total income received from Sports Ireland in 2018 for Boccia Ireland was €22,500 (2017: €22,500). During 2018, Boccia Ireland also received donations and membership fees totaling €504 (2017: €4,844). Expenditure incurred in 2018 was €29,484 (2017: €20,864). As at year end, an accrual of €11,365 was outstanding pertaining to unused Boccia income. These amounts are reflected in the financial statements.

15. Related party transactions

2018 European Para Swimming Championships DAC (the DAC) is a special purpose vehicle which was incorporated on 16th August 2017 to manage the 2018 European Para Swimming Championships. It is a fully owned subsidiary of Paralympics Ireland CLG. During 2018 significant support was given to the DAC from the company which included resources that were used to support the event. There was one dedicated employee was also hired by the company and the costs along with any other costs incurred by the company on behalf of the DAC were recharged in full to the DAC. The total support given by the company to the DAC was €77,000. The company has no net assets or liabilities at the end of December and it is planned to wind up the company in the coming months. There is a small accrual held to cover any late invoices that may come in including costs of winding up the DAC.

16. Comparative information

Comparative information has been reclassified where necessary to confirm to current year presentation.

17. Events after the end of the financial year

There have been no significant events affecting the company since the financial year end.

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2018 | Paralympics Ireland | Annual Report | 35 Paralympics Ireland CLG (A company limited by guarantee) Notes to the financial statements For the financial year ended 31 December 2018

18. Approval of financial statements

The board of directors approved these financial statements for issue on

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36 | Paralympics Ireland | Annual Report | 2018