A NEWLY filed financial statement for Lahinch Seaworld showed that while it had significant liabilities, its €6 million redevelopment should lead to an improvement in fortunes. The statement indicates that the upgrade “will result in increased revenue and improved profitability and cashflow over the coming years”. While there was a profit in 2020, it barely put a dent in the liabilities faced. The financial statement read, “The Company recorded a profit of €3,131 (2019: loss €20,720) during the financial period ended 31 December 2020 and at that date, had net current liabilities and net liabilities of €1,349,140 (2019: €643,131) and €417,485 (2019: €420,616) respectively.” The statement said that Clare County Council had provided vital support to help with the redevelopment. “The directors note that in February 2019, the Rural Regeneration and Development Fund approved funding for the ‘Lahinch Seaworld and Town Upgrade Project’. “The project is for a substantial upgrade of the seaworld building and associated public realm works in …
Read More »Lahinch Seaworld and Leisure Centre to reopen after €6m revamp
LAHINCH Seaworld and Leisure Centre will open its doors for the first time in two and a half years, after extensive input from the local community. The board of directors made the decision to close in December 2019, just before the outbreak of the Covid-19 pandemic, to find the investment needed to enhance the facility. Eoin Conlan, manager at the centre, emphasised the importance of Clare County Council in getting the facility up and running again, as well as a range of philanthropic donations to that end. He said, “Pat Dowling and all his team, with other local councillors, made funds available for us. Roughly €6 million has gone into the facility in the last two years, and the massive community effort came as much from the local businesses and the regular people.” One feature which the local community asked for was a learning pool, because of the lack of a communal pool in Lahinch; campaigns began to surface on …
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