Governance and Finances​

Our Commitment to Good Governance and Financial Transparency

LYCS is funded through various grants and state contracts. Our finances are outlined in our annual audited accounts. Our financial statements are prepared under FRS102 (Financial Reporting Standard) and are SORP (Statement of Recommended Practice) compliant.

Our Strategic Plan (2023-2027)

Our current Strategic Plan was set out in 2023 and will continue to inform and guide our work until 2027, when we will renew and update. The plan sets out ambitious goals to ensure we continue to deliver excellent programmes for all our learners.

 

Download our Strategic Plan here

Strategic Goals

Our 5-year plan outlines our 5 key Strategic Goals

Investing in the Local Community
Governance and Organisational Development
Investment in our Staff
Interagency work and Collaboration
Communication

Our Financial Overview

Below we have our annual audited accounts from the last 5 years.

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Document

LYCS Audited Accounts 2023

LYCS Audited Accounts 2023

Our Funders

LYCS is primarily funded by the Irish exchequer under a number of programmes.

City of Dublin Education & Training Board (CDETB)

CDETB fund 100% of Community Training Centre operations and source and fund tutors for most of the classes run by LYCS Adult Programme.

Dublin City Community Coop – Social Inclusion Community Activation Programme (SICAP)

SICAP is the Social Inclusion and Community Activation Programme delivered by the Dept. of Housing, Planning & Local Government.

Dept of Foreign Affairs: Irish Aid

Irish Aid, a division of the Department of Foreign Affairs & Trade, funds the LYCS Global Citizenship Education programme to provide opportunities to understand the global justice challenges we face and what we in our communities can do to create a fairer and more sustainable world.

The European Social Fund (ESF)

The ESF is the European Union (EU)’s funding stream that supports employment, social, education and skills policies.

North East Inner City (NEIC) Task Force

The NEIC Programme Implementation Board funds community-based groups which are aimed at implementing recommendations set out in the NEIC Strategic Plan/Mulvey Report in new, innovative and collaborative ways.

Dublin City Council (DCC)

Dublin City Council’s Community and Social Development section works to build inclusive and sustainable communities throughout the city. One way they provide support to community groups with their activities and projects is through the community grants scheme which is run on an annual basis.

POBAL: National Childcare Investment Programme

Pobal is the main funder of the LYCS Creche. Pobal provides a range of services to and on behalf of the Department of Children and Youth Affairs in the area of early education and childcare. The funding covers: Community Childcare Subvention, Early Childhood care and Education (ECCE) Scheme and the Training and Employment Childcare (TEC) Scheme.

Forsa: Joe Lucey Fund

Forsa Trade Union operates a small grants fund to support local initiatives in the two areas of education and intercultural development. This is part of the union’s ongoing contribution to the inner city community in which it’s based. We apply for small grants each year from Impact Joe Lucey Fund and the National Lottery.

Dept of Social Protection (DSP)

The Department of Employment Affairs & Social Protection (DEASP) provides funding on an annual basis for the operation of our Community Employment Project. This funding allows LYCS to employ 30 participants who are long term unemployed and also covers the cost of supervision, participant wages, training and materials.

Dept of Social Protection (DSP Schools Meals Programme)

The School Meals Programme, operated by the Department of Social Protection (DSP), provides funding towards the provision of food services to organisations around the country.