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HORSE SPORT IRELAND
Annual Report
2015
69
Horse Sport Ireland
(A company limited by guarantee)
The directors present their annual report and the audited
financial statements for the year ended 31 December 2015.
Principal activities
The principal activity of Horse Sport Ireland is to promote the
sport horse sector in Ireland and to co-ordinate the breeding,
sport and leisure aspects of the industry. Horse Sport Ireland
maintains the Irish Horse Register and is recognised as the
governing body for the equestrian sector in Ireland by the
Olympic Council of Ireland, the Irish Sports Council, Paralympics
Ireland, the Federation Equestre Internationale and Sport
Northern Ireland.
Results and dividends
The surplus for the year, after taxation, amounted to
16,790 (2014 - deficit 100,823).
Directors
The directors who served during the year were:
Jack Murphy
Tony Hurley
Gerry McCloskey
Georgia Stubington
Patrick Wall (Chairman)
Peter Fell
Charles Hanley (appointed 21 January 2015)
Sally Ann Tobin (appointed 21 January 2015)
Barbara Hatton (appointed 28 August 2015)
David McCann (appointed 28 August 2015)
Alex Deon (appointed 28 August 2015)
Gerry O'Gorman (appointed 17 November 2015)
Jane Darragh (appointed 2 October 2015)
The following directors retired during the year:
Anne Cahill (retired 15 January 2015)
Anne Bannon (retired 31 July 2015)
Harold McGahern (retired 14 September 2015)
Liam Murphy (retired 21 January 2015)
Taylor Vard (retired 21 January 2015)
Sean Kavanagh (retired 31 July 2015)
Kieran O'Gorman (retired 31 July 2015)
Larry O'Neill (retired 2 March 2015)
Since the year end the following directors have been
appointed / retired to/ from the board:
Barbara Micks (retired 1 January 2016)
Kevin McGuinness (retired 1 February 2016)
Rita Dunne (appointed 1 February 2016)
Norbert Van Cramon
(appointed 2 March 2015, retired 28 February 2016)
David Keane (appointed 28 February 2016)
Peter Molloy (appointed 1 March 2016)
Hugh McCusker (retired 3 May 2016)
Samuel Smyth (appointed 3 May 2016)
Ann Marie O'Gorman Owens (retired 12 May 2016)
Elizabeth Deane (appointed 12 May 2016)
Tom Freyne (appointed 17 May 2016)
Brian MacSweeney (retired 17 May 2016)
Principal risks and uncertainties
The directors consider that the principal risks and uncertainties
faced by the company are in the following categories.
Economic risk:
The risk of increased interest rates and or inflation having an
adverse impact on served markets. These risks are managed by
innovative product sourcing and strict control of costs.
Financial risk:
The directors of the company closely monitor the company's
trading activities to manage credit, liquidity and other
financial risk.
Directors' report
For the Year Ended 31 December 2015
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