Oireachtas Joint and Select Committees
Thursday, 20 November 2025
Public Accounts Committee
Exceptional Funding of the Peter McVerry Trust: Discussion
2:00 am
Mr. Tony O'Brien:
We have reached the view, as we are required to do as part of the audit, that we can have a going-concern position. The basis for that is a 12-months forward cash flow forecast. The Deputy will be aware that as for any organisation in receipt of public funds, public funds are renewed annually, so we do not yet know our budget for 2026. We clearly need to maintain the registration with AHBRA and the CRA. Subject to those things, notwithstanding that we have debt warehousing to be dealt with along with the normal things every organisation deals with, we are currently of the view that the trust is a going concern.
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