"New accounts show that Breanagh Catering Ltd, the company overseeing the celebrated nightclub, had revenues of €11.7m, down from €11.78m, in the 12 months to the end of January 31. New accounts for Cathal and Paula Jackson's company record nightclub and bar sales of €10.45m, which was down marginally on the €10.46m under that heading in the prior year."
"Numbers employed by the business last year increased by nine from 144 to 153 as staff costs increased from €4.57m to €5m. Pay to directors increased from €1.43m to €1.62m made up of remuneration of €622,061 and a €1m contribution into the Jacksons' pension pot. This followed a cumulative €2.15m in directors' pension contributions in the prior two years. The firm last year generated €2.6m in cash from its operations."
Breanagh Catering Ltd recorded total revenues of €11.7m for the 12 months to January 31, down slightly from €11.78m. Nightclub and bar sales were €10.45m, with accommodation sales of €1.24m. Post-tax profit fell about 10% to €2.19m after a corporation tax charge of €330,816. Employee numbers rose from 144 to 153 and staff costs increased from €4.57m to €5m. Directors' pay rose to €1.62m, including €622,061 remuneration and a €1m pension contribution. Operating costs included €1.26m cost of sales, €8.24m administrative expenses, €175,592 in operating leases, and €454,046 depreciation. Cash generated from operations was €2.6m.
Read at Irish Independent
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