REGISTERED COMPANY NUMBER: 02752450 (England and Wales) REGISTERED CHARITY NUMBER: 1014852
Strategic Report, Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2021
for
Lewisham Irish Community Centre
A Star Accountancy Limited Chartered Certified Accountants 19 Beech Avenue Sidcup Kent DA15 8NH
Lewisham Irish Community Centre
Contents of the Financial Statements for the Year Ended 31 March 2021
| Page | |||
|---|---|---|---|
| Strategic Report | 1 | ||
| Report of the Trustees | 2 | to | 9 |
| Independent Examiner's Report | 10 | ||
| Statement of Financial Activities | 11 | ||
| Balance Sheet | 12 | to | 13 |
| Notes to the Financial Statements | 14 | to | 26 |
Lewisham Irish Community Centre
for the Year Ended 31 March 2021
Strategic Report
The trustees present their strategic report for the year ended 31 March 2021.
SECTION 172(1) STATEMENT Governance
Lewisham Irish Community Centre is governed by a board of trustees. We focus on the principles of good governance and work hard to regularly review and develop strategies for working effectively as a management committee.
Each new Trustee is offered an induction programme that emphasizes their personal and collective responsibility to the mission and objectives of the charity. Ever mindful that Trustees with appropriate business skills and knowledge of the voluntary sector are scarce, we continue to identify gaps in skills and competencies reviewing board training and recruiting new members.
A major achievement in this period included agreement of a strategic business 2021-2024 plan in consultation with key stakeholders.
Approved by order of the board of trustees on 28 January 2022 and signed on its behalf by:
Colum Mackey - Trustee
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Lewisham Irish Community Centre (Registered number: 02752450)
Report of the Trustees for the Year Ended 31 March 2021
INTRODUCTION
Lewisham Irish Community Centre (LICC) is a dynamic, outward looking organisation based in the London Borough of Lewisham in south London. We are a registered charity established in 1992.
Our base in Rushey Green is a vibrant hub for the local community and the Irish community in Lewisham, providing advice, support and advocacy for local people, the Irish community and specialist advice and support for Gypsy Roma Traveller (GRT) communities. The centre hosts activities for children and families, young people and proves support to elders.
Culture is an important part of our identity, with a regular programme of music and theatre events, and Irish language classes for children and adults.
The period covered by this report and accounts coincides with the advent of the COVID-19 virus in the UK in early 2020. Up until this point, LICC operated a wide range of support and cultural programmes in the London Borough of Lewisham, which relied on personal interaction with its service users.
As a result of widespread public health measures introduced to control infection the centre was forced to adapt its working practices to continue its vital work. When the centre was forced to close its doors and people were nervous about venturing out, LICC sprang into action providing weekly home visits, home-cooked hot meals and food packages, utilising our kitchen facilities, our extensive volunteer network and working collaboratively with local authority, voluntary organisations, and businesses.
During a difficult year LICC strived to help everyone who needed our services. We extended a helping hand to those in need, and no one who needed us was left alone
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Lewisham Irish Community Centre (Registered number: 02752450)
for the Year Ended 31 March 2021
Report of the Trustees
OBJECTIVES AND ACTIVITIES
Objectives and activities
The principal objective of the charity is to promote the benefit of the community, particularly but not exclusively to persons of Irish descent within the London Borough of Lewisham. This objective is achieved through association with local authorities, voluntary organisations and local population to:
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Advance education in Irish culture & heritage.
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To relieve sickness & deprivation.
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Provision of social and recreational activities for the wellbeing of the community.
Main Summary
In a period of unprecedented challenges, it has been a very tough year for charitable organisations such as ours. Due to the very hard work of our Chief Executive Kathleen Sheridan and the staff team we have maintained our unique role in supporting communities. We owe a huge debt of gratitude to our funders and supporters for granting us a financial lifeline without which LICC would not survive.
At year end we have emerged battered and bruised but intact. Managing to break even financially, maintain strong governance and emerge a stronger more focused organisation in terms of the services we offer and the clients we reach.
Main Highlights
Throughout the Pandemic LICC has remained a vital hub in Lewisham supporting local organisations to deliver much needed essential services while setting up our own initiatives including a community meal on wheels project delivering free weekly meals to those who were shielding, living alone, elderly, and isolated. With the support of Lewisham Local we developed partnerships with Catford Fridge, The Good Hope Café, and Wheels for Wellbeing to deliver a rapid and effective response to those in need. To date thanks to a dedicated team of weekly volunteers, we have delivered over two thousand community meals and 1000 food hampers, gift bags and parcels. Bia recently received a Lewisham's Mayor award for its valuable contribution in response to COVID.
The effects of this past year on the local Irish community includes loss, loneliness, and isolation. Our partnership working with local stakeholders delivered critical services, delivering vital support and kept our community connected and in good spirits.
This past year has given us time to reflect on our response to COVID and rethink how we might operate in the future. The trustees are mindful of the challenges to the future sustainability of our organisation and our services. We believe LICC will play an important role that will be more crucial than ever in the months and years ahead.
We have developed a four-year strategic plan focusing and building on our success to date, the welfare of the Irish community, keeping our local community connected, building on our collaborative work with local and other Irish organisations to identify and meet need and putting measures in place to ensure the long term sustainability of our organisation.
We plan to continue our online and outreach projects for the months ahead and gradually rebuild our onsite community activities.
A positive in this challenging year was the offers of help and support we received from volunteers, the dedication of our staff team and board of trustees. We hope to build on these new connections in the months and years ahead.
We would like to thank our funders for their support and flexibility this past year and for affording us the capacity to react in a way we can be proud of, particularly to those most in need.
Special thanks to the Irish Government's Emigrant Support Programme, Lewisham Council, Ireland Fund of GB, National Lottery Community Fund, BBC Children in Need, London Youth for their continued support to enables LICC to deliver essential services.
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Lewisham Irish Community Centre (Registered number: 02752450)
for the Year Ended 31 March 2021
Report of the Trustees
OBJECTIVES AND ACTIVITIES
Advice & Support Services
The year demanded a complete change in the method of operating our services. LICC provides advice, advocacy, and support to many vulnerable and disadvantaged people in the community. Some can be hard to reach, and we believe in a time like this it is vital we make strenuous efforts to keep in contact with our service users.
We adapted our advice and advocacy services to run remotely. LICC's team of three advisers made 4420 welfare calls. While providing a frontline response, we retained the AQS award in general advice and welfare casework.
284 individuals accessed our Irish and Gypsy Roma Traveller services.
138 clients accessed advice and advocacy about housing, welfare, and disability.
146 vulnerable or isolated individuals were offered regular welfare calls and access to essential food supplies and meals.
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Lewisham Irish Community Centre (Registered number: 02752450)
for the Year Ended 31 March 2021
Report of the Trustees
OBJECTIVES AND ACTIVITIES SOCIAL INVESTMENTS Counselling in partnership with ICAP
The Immigrant Counselling & Psychotherapy service continued to provide telephone and online counselling service to Lewisham Irish Clients throughout this pandemic.
Online Elders Program
Once the staff team had mastered the challenges of working remotely, we worked with Soulchip Communications to set up a digital access project supporting older adults get online. We delivered a weekly program of activities in partnership with the Diamond club, Training4life, Purple Palm and local volunteers. The Elders online project was accessed by 49 individuals with an average of 25 people attending weekly.
Youth Club
LICC youth club delivered 30 sessions over the past year both onsite and online. Onsite remained well attended and often oversubscribed during the restricted periods it was permitted to operate. Total attendance for this period was 520. We delivered a summer program which included two outings to Southend on Sea and the Go Ape activity centre. These trips were great fun and provided a much-appreciated break for the young people and their guardians after a period of lockdown. LICC was awarded a Burberry/London Youth grant for 2021/2022 which enabled us to further develop the programme to include a food project and cooking initiative engaging with up to 30 local families at Holbeach School.
Irish Language Classes
Irish language classes were relaunched online in the Autumn term with Anna Hartnett, running two classes weekly for beginners and intermediate levels. This is a much-valued part of our cultural program and a vital connection to our native language during this time of separation.
Lewisham Irish Elders Project (LIEP)
LIEP is funded by the Irish Government, Department of Foreign Affairs Emigrant Support programme. The project promotes the health and welfare of the older Irish community in Lewisham by providing a weekly social programme of activities to facilitate new friendships, engage in healthy living activities, improve physical and psychological wellbeing, and reduce social isolation, promote the health and welfare of the older Irish Community. This year we delivered this project remotely via zoom each Friday morning offering a three-hour programme including exercise classes and music concerts. For those unable to access online activities we reached out with meal deliveries and arranged occasional meet ups in the park when permitted.
LICC also ran a (admittedly disrupted due to Government restrictions) weekly programme of cultural, social, and healthy living activities for older adults including lunch groups, Zumba classes, yoga, walking football, bingo, exercise to music.
LICC Parent & Toddler Group
Lewisham Irish Community Centre provides a bi-weekly playgroup for local families in the Rushey Green and surrounding areas of Lewisham. This group provides much needed support and friendship to 50 local families while promoting the growth and development of toddlers through play, singing and arts and craft. This year the project was disrupted by COVID restrictions, but we were delighted to get things going as soon as possible under the volunteer leadership of Karen Duggan.
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Lewisham Irish Community Centre (Registered number: 02752450)
Report of the Trustees
for the Year Ended 31 March 2021
FINANCIAL REVIEW
Principal funding sources
The Lewisham Irish Community Centre is primarily funded by two grants:
One grant is from Supporting People, London Borough of Lewisham, which contributes towards the Gypsy Roma Travellers Outreach service. The current contract has been extended to March 2022.
The other major grant is paid by the Irish Government (Department of Foreign Affairs Emigrant Support Programme), which pays for the delivery and management of the Irish advice and outreach services and the Irish Traveller element of the Gypsy Roma Traveller Outreach Service.
Income generation
LICC generates income from hall hire facilities rented out to the local community both privately and on an on-going basis to charitable and community led groups. Like many voluntary groups we lost out on a significant amount of discretionary income due to the pandemic, resulting in the facilities being closed for several months and only opened to deliver our essential COVID response programme.
Undoubtedly, the enforced closure of the building disrupted efforts to achieve our goal of increasing financial sustainability through generating income from lettings, fortunately, LICC was able to access businesses grants and loans from UK Government Covid recovery funds, and the premises team were furloughed which greatly helped combat the loss of premises income.
Reserves policy
LICC operates a reserves policy that aims to cover cash flow shortfalls due to uncertainty in the timing of future grant awards. Reserves are monitored regularly by the board of Trustees which remains confident current levels of reserves are proportionate to the organisation's needs.
The Trustees regard £40,000 as a prudent sum to cover running costs for three months.
Restricted funds currently stand at £35,144 (2020 £37,040)
Unrestricted funds currently stand at £53,028 (2020 £8,106), however £338 (£2020 £676) is required to cover future depreciation of fixed assets.
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Lewisham Irish Community Centre (Registered number: 02752450)
for the Year Ended 31 March 2021
Report of the Trustees
FUTURE STRATEGIC DIRECTION
LICC has developed a three-year business strategy for 2021 to 2024, reaffirming our commitment to the Irish and GRT communities our role in engaging and keeping our community connected within the borough of Lewisham. We will work collaboratively both within the Irish and local Lewisham Networks to ensure the best services for our community. Our first priority is to build capacity and resilience post COVID.
Over the next 3 years, LICC will have 4 key strategic goals:
Welfare of The Irish community
Addressing the changing needs of the older Irish and vulnerable Irish community we will empower the community to access their rights and entitlements within the statutory services. LICC through advice and advocacy work to prevent and reduce homelessness and housing need.
We are committed to provide access to welfare rights and entitlements to improve quality of life.
We will work to reduce social isolation and loneliness through the provision of social and cultural activities especially through the provision of a community outreach programme to the older community.
Keeping our community connected
Part of the organisation's DNA is to foster a vibrant sense of community and of Irish identity through the provision of an Irish cultural programme. We will develop new projects to improve awareness and understanding of the Irish emigrant and diaspora experience. We will develop a greater presence on social media and instigate digital inclusion programmes that benefit our users.
We will develop and expand services for young people, maintain activities for local families including playgroup provision.
The organisation will promote mental health and social inclusion in all areas of our work. We will listen to service users and stakeholders through continuous engagement and consultation.
Collaboration
We will invest in maintaining and nurturing relationships with our main funding providers such as the Irish Government, Lewisham Borough Council, and UK and London funding bodies. We will continue to reach out to other organisations and communities and build positive working relations in the local area.
Building capacity and resilience within organisation
We will develop a fundraising strategy to recover and rebuild post COVID with the aim of strengthening and diversifying our funding.
We will strengthen leadership and governance.
We will invest in staff training and quality structures.
We will identify new and unmet needs, looking at new ways to deliver services.
We recognise the need to invest in new technology.
Post year end developments & COVID 19
Lewisham Irish Community Centre has been faced one of the most challenging years as a consequence the of COVID 19pandemic. The centre premises have been partially closed since mid- March 20. During this critical time the trustees and management team acted to safeguard the charity ensuring LICC accessed the furlough scheme keeping all the staff in employment, accessed business grants, availed of a business loan, secured core funding from the National Lottery Covid Fund to ensure retention of skilled and knowledgeable staff and maintain the quality of our services.
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Lewisham Irish Community Centre (Registered number: 02752450)
Report of the Trustees
for the Year Ended 31 March 2021
The Centre has gradually re-opened following COVID guidance, a risk assessment was carried out to ensure LICC was COVID secure. Most of our regular hirers have resumed which means unrestricted income should recover if further lockdowns are not necessary.
We have secured 2021/22 Emigrant Support funding at similar rates to 2020/21.
We have secured GRT service contract to March 2022 and have accepted a new contract offer for 2022 to 2027 period.
We have secured £30,000 from London Youth through the Burberry programme and received a one-off corporate donation from Burberry of £12,000.
.
We secured Awards for all funding to employ an Elders facilitator.
Funding applications have gone out to London Borough of Lewisham Main grants program, City Bridge Trust, Ireland Fund of Great Britain, Rushey Green NCIL fund. Further applications will be submitted on a rolling basis.
While the years ahead will no doubt prove challenging LICC has strengthened its financial position in terms of reserves and has the additional security of a bounce back business loan, this combined with a strengthening of services, investment in a collaborative work puts LICC in a strong position going forward.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The Lewisham Irish Community Centre (LICC) is registered as a company limited by guarantee (Company no: 2752450 England & Wales) and with the Charities Commission (Registration no: 1014852).
Recruitment and appointment of the Management Committee
Voting takes place at the AGM. Candidates for nomination must be a paid up member of LICC; in agreement with the Charities aims and objectives; willing to take up post if elected; not disqualified from being a Charity Trustee and not disqualified from being a Company Director. When recruiting people on to the management committee, members look for a balance of business skills, voluntary sector experience and knowledge of the needs of the local community required to run the charity effectively.
Structure and management
LICC is controlled by a Management Committee of up to 12 Trustees (who are also the directors of the company) for a period of one year. Each Trustee is also a paid up member of LICC. The responsibility of the day to day running of LICC and staff and volunteer management, is entrusted to the CEO who reports to the Management Committee.
Management Committee induction and training
Trustees are welcomed on to the Committee and introduced to other members and staff. They receive an induction pack, which includes a Trustee Declaration form, role description and an invitation to visit the various activities going on in the Centre. New Trustees are asked to complete a skills analysis questionnaire so that training needs can be identified and addressed.
Risk management
As Trustees we are aware of our responsibilities under The Charities SORP (FRS102) to undertake regular risk management reviews. A review has been completed this year and the main tasks have been identified and mitigation strategies are in place.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02752450 (England and Wales)
Registered Charity number
1014852
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Lewisham Irish Community Centre (Registered number: 02752450)
Report of the Trustees for the Year Ended 31 March 2021
Registered office
2a Davenport Road Lewisham London SE6 2AZ
Trustees
Colum Mackey Chair James Farrell Vice Chair Eamon Martin Treasurer appointed 30/4/2021 Ms Karen Duggan Company Secretary / Trustee Mrs Mary Theresa Gallagher Treasurer until 30/4/2021 (resigned 30.4.21) Mrs Pauline Maton Trustee Conor D' Arcy (appointed 30.4.21) Mrs Anne Mary O'Rorke (appointed 22.6.21) Michael Mc Donnell (appointed 22.6.21) Dominic Nicholas Fox (appointed 22.6.21)
Independent Examiner
K D Hardie F C C A A Star Accountancy Limited Chartered Certified Accountants 19 Beech Avenue Sidcup Kent DA15 8NH
Bankers Allied Irish Bank Rutland House 44 Masons Hill Bromley Kent BR2 9JG
Solicitors
Ewing & Co. 148 High Street Penge London SE20 7EU
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 28 January 2022 and signed on its behalf by:
Colum Mackey - Trustee
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Independent Examiner's Report to the Trustees of Lewisham Irish Community Centre
Independent examiner's report to the trustees of Lewisham Irish Community Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of F C C A which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
K D Hardie F C C A A Star Accountancy Limited Chartered Certified Accountants 19 Beech Avenue Sidcup Kent DA15 8NH Date: .............................................
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Lewisham Irish Community Centre
Statement of Financial Activities
(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2021
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 72,671 Other activities & fundraising 3 12,690 Investment income 4 13 Total 85,374 EXPENDITURE ON Raising funds 408 Charitable activities Charitable Activities 40,045 Total 40,453 NET INCOME/(EXPENDITURE) 44,921 RECONCILIATION OF FUNDS Total funds brought forward 8,106 TOTAL FUNDS CARRIED FORWARD 53,027 |
Restricted funds £ 149,039 29,575 - 178,614 15 180,494 180,509 (1,895) 37,040 35,145 |
31.3.21 Total funds £ 221,710 42,265 13 263,988 423 220,539 220,962 43,026 45,146 88,172 |
31.3.20 Total funds £ 129,890 78,324 32 |
|---|---|---|---|
| 208,246 5,624 186,403 |
|||
| 192,027 | |||
| 16,219 28,927 |
|||
| 45,146 |
The notes form part of these financial statements
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Lewisham Irish Community Centre (Registered number: 02752450)
Balance Sheet 31 March 2021
| Notes FIXED ASSETS Tangible assets 9 CURRENT ASSETS Debtors 10 Cash at bank CREDITORS Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 12 NET ASSETS FUNDS 15 Unrestricted funds Restricted funds TOTAL FUNDS |
31.3.21 £ 386 9,754 131,468 141,222 (23,436) 117,786 118,172 (30,000) 88,172 53,027 35,145 88,172 |
31.3.20 £ 724 10,469 59,448 69,917 (25,495) 44,422 45,146 - 45,146 8,106 37,040 45,146 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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Lewisham Irish Community Centre (Registered number: 02752450)
Balance Sheet - continued
31 March 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 January 2022 and were signed on its behalf by:
Colum Mackey - Trustee
Eamon Martin - Trustee
The notes form part of these financial statements
Page 13
Lewisham Irish Community Centre
Notes to the Financial Statements for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Raising funds
Cost of generating funds, are those costs incurred in attracting voluntary income and those incurred in trading activities that raise funds.
Charitable activities
- Charitable activities, include expenditure associated with the running of the events at the centre or elsewhere.
Governance costs
Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% on cost Computer equipment - 33% on cost and 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
General Funds are unrestricted funds, which are available for use at the discretion of the Trustees, in furtherance of the general objectives of the charity and which have not been designated for any other purpose.
Restricted funds can only be used in accordance with specific restrictions imposed by donors, or which have been raised by the charity for particular purposes. The costs of raising and administering those funds are charged against the specific fund.
continued...
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Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES - continued
Fund accounting
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
| Donations Grants Subscriptions Donated services and facilities Other Income Old creditors written back Expenses reimbursed JRC Furlough Grants received, included in the above, are as follows: Ireland Fund of GB Department of Foreign Affairs and Trade; Emigrant Support Programme Co-operative Funeral Services Rushey Green Local Assembly London Youth Petchy Foundation - Youth Club Awards For All - Playgroup Youth Club - BBC L B Lewisham - Covid 19 rebate grant Stories of Emigration -Age Against The Machine London Community Response - Food Parcels The Big Lottery Fund - Covid 19 Recovery Fund London Community Response - Online Digital BBC Chilldren In Need Irish Government Covid 19 Response Fund Other grants |
31.3.21 £ 18,464 178,040 113 12,500 4,423 - 15 8,155 221,710 31.3.21 £ 5,025 79,550 - - - 625 - - 19,389 - 10,000 25,800 9,545 11,220 7,050 9,836 178,040 |
31.3.20 £ 1,292 110,631 455 12,500 3,000 1,000 1,012 - |
|---|---|---|
| 129,890 | ||
| 31.3.20 £ 3,000 76,715 5,354 2,991 3,049 1,250 9,801 6,671 - 1,800 - - - - - - |
||
| 110,631 |
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continued...
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
| 3. | OTHER ACTIVITIES & FUNDRAISING | ||
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| £ | £ | ||
| Ticket Sales & event income | 740 | 14,032 | |
| Fees for Services | 29,575 | 31,507 | |
| Hire of Hall | 11,950 | 32,785 | |
| 42,265 | 78,324 | ||
| 4. | INVESTMENT INCOME | ||
| 31.3.21 | 31.3.20 | ||
| £ | £ | ||
| Deposit account interest | 13 | 32 | |
| 5. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.3.21 | 31.3.20 | ||
| £ | £ | ||
| Depreciation - owned assets | 338 | 338 | |
| Other operating leases | 12,500 | 12,500 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Full time Part time |
31.3.21 2 7 9 |
31.3.20 1 8 |
|---|---|---|
| 9 |
No employees received emoluments in excess of £60,000.
The CEO's time was split between generating voluntary income, fundraising, charitable activities and governance. The other part time members of staff spend all of their time on charitable activities.
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continued...
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 4,674 125,216 Other activities & fundraising 46,417 31,907 Investment income 32 - Total 51,123 157,123 EXPENDITURE ON Raising funds 3,570 2,054 Charitable activities Charitable Activities 46,521 139,882 Total 50,091 141,936 NET INCOME 1,032 15,187 RECONCILIATION OF FUNDS Total funds brought forward 7,074 21,853 TOTAL FUNDS CARRIED FORWARD 8,106 37,040 9. TANGIBLE FIXED ASSETS Fixtures, fittings Computer & equipment equipment £ £ COST At 1 April 2020 and 31 March 2021 27,407 6,898 DEPRECIATION At 1 April 2020 27,359 6,222 Charge for year - 338 At 31 March 2021 27,359 6,560 NET BOOK VALUE At 31 March 2021 48 338 At 31 March 2020 48 676 |
Total funds £ 129,890 78,324 32 |
|---|---|
| 208,246 5,624 186,403 |
|
| 192,027 | |
| 16,219 28,927 |
|
| 45,146 | |
| Totals £ 34,305 33,581 338 33,919 386 724 |
continued...
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Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.3.21 | 31.3.20 | |
|---|---|---|
| £ | £ | |
| Other debtors | 960 | 2,488 |
| Prepayments and accrued income | 8,794 | 7,981 |
| 9,754 | 10,469 |
An amount of £5,574 has been provided against arrears of hall hire income as at the balance sheet date.
This has now been accounted for as a bad debt rather than a provision, as the discussed arrangements to resolve the debt were prevented from going ahead by Covid 19.
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| Bank loans and overdrafts (see note 13) | 1,419 | 1,565 |
| Social security and other taxes | 2,258 | 2,281 |
| Deposits | 1,980 | 4,238 |
| Other creditors | 10,746 | 7,688 |
| Credit card | 503 | 474 |
| Accruals and deferred income | 3,431 | 2,843 |
| Accrued expenses | 3,099 | 6,406 |
| 23,436 | 25,495 | |
| CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| Bank loans (see note 13) | 30,000 | - |
| LOANS | ||
| An analysis of the maturity of loans is given below: | ||
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| Amounts falling due within one year on demand: | ||
| Bank overdrafts | 1,419 | 1,565 |
| Amounts falling due in more than five years: | ||
| Repayable by instalments: | ||
| Bank loans more 5 yr by instal | 30,000 | - |
12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
13.
The amount disclosed as a loan within these financial statements is actually £1,419 (2020 £1,565) expenditure paid out in respect of a restricted fund paid over after the year end date, pending accrued income.
continued...
Page 18
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted funds £ Fixed assets 32 Current assets 105,013 Current liabilities (22,018) Long term liabilities (30,000) 53,027 15. MOVEMENT IN FUNDS Unrestricted funds Other Unrestricted Rushey Green Playgroup Lewisham Irish Pensioners - designated Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme Ireland Fund of GB LBL Lifelong Learning Local Assembly Funding Awards for All Back Garden Project LBL & Crowd Funding GRT Project - SP & ESP Petchy Foundation NCDP Digital Hub ESP Lewisham Irish Pensioners London Youth Covid 19 NCDP Monday Drop In (Co-op Funded) ESP Southwark, Lambeth & Lewisham Outreach BBC Children In Need - Youth PIPHC - GRT service contract TOTAL FUNDS |
Restricted funds £ 354 36,209 (1,418) - 35,145 At 1.4.20 £ 4,142 53 3,911 8,106 18,700 - 16 2,488 4,410 3,687 4,748 - 676 2,141 2 (115) 207 (199) 279 - 37,040 45,146 |
31.3.21 Total funds £ 386 141,222 (23,436) (30,000) 88,172 Net movement in funds £ 44,921 - - 44,921 (8,249) 4,931 - (2,407) (4,410) - 1 561 (338) (549) - 115 - 803 (230) 7,877 (1,895) 43,026 |
31.3.20 Total funds £ 724 69,917 (25,495) - 45,146 At 31.3.21 £ 49,063 53 3,911 53,027 10,451 4,931 16 81 - 3,687 4,749 561 338 1,592 2 - 207 604 49 7,877 35,145 88,172 |
|---|---|---|---|
continued...
Page 19
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds Other Unrestricted Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme Ireland Fund of GB LBL Rent Local Assembly Funding Awards for All GRT Project - SP & ESP Petchy Foundation NCDP Digital Hub ESP Lewisham Irish Pensioners Covid 19 NCDP ESP Southwark, Lambeth & Lewisham Outreach BBC Children In Need - Youth ESP - Covid 19 Southern Iris Pensioners Partership Covid 19 - Community Response Irish Government - Covid 19 Xmas Hampers PIPHC - GRT service contract LB Lewisham - PIPHC - Advice Project Online Digital TOTAL FUNDS |
Incoming resources £ 85,374 36,423 5,025 12,500 - - 18,000 1,125 - 5,550 9,836 20,000 11,220 2,640 10,125 7,050 26,475 3,100 9,545 178,614 263,988 |
Resources Movement expended in funds £ £ (40,453) 44,921 (44,672) (8,249) (94) 4,931 (12,500) - (2,407) (2,407) (4,410) (4,410) (17,999) 1 (564) 561 (338) (338) (6,099) (549) (9,721) 115 (19,197) 803 (11,450) (230) (2,640) - (10,125) - (7,050) - (18,598) 7,877 (3,100) - (9,545) - (180,509) (1,895) (220,962) 43,026 |
|---|---|---|
continued...
Page 20
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Other Unrestricted | 2,080 | 2,062 | 4,142 |
| Rushey Green Playgroup | 53 | - | 53 |
| Lewisham Irish Pensioners - designated | 4,941 | (1,030) | 3,911 |
| 7,074 | 1,032 | 8,106 | |
| Restricted funds | |||
| Department of Foreign Affairs and Trade; | |||
| Emigrant Support Programme | 11,782 | 6,918 | 18,700 |
| LBL Lifelong Learning | 16 | - | 16 |
| Local Assembly Funding | 247 | 2,241 | 2,488 |
| Awards for All | 23 | 4,387 | 4,410 |
| Back Garden Project LBL & Crowd | |||
| Funding | 5,007 | (1,320) | 3,687 |
| GRT Project - SP & ESP | 78 | 4,670 | 4,748 |
| NCDP Digital Hub | 4,700 | (4,024) | 676 |
| ESP Lewisham Irish Pensioners | - | 2,141 | 2,141 |
| London Youth | - | 2 | 2 |
| Covid 19 NCDP | - | (115) | (115) |
| Monday Drop In (Co-op Funded) | - | 207 | 207 |
| ESP Southwark, Lambeth & Lewisham | |||
| Outreach | - | (199) | (199) |
| BBC Children In Need - Youth | - | 279 | 279 |
| 21,853 | 15,187 | 37,040 | |
| TOTAL FUNDS | 28,927 | 16,219 | 45,146 |
continued...
Page 21
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds Other Unrestricted Lewisham Irish Pensioners - designated Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme Ireland Fund of GB LBL Rent Local Assembly Funding Awards for All Back Garden Project LBL & Crowd Funding GRT Project - SP & ESP Petchy Foundation NCDP Digital Hub ESP Lewisham Irish Pensioners London Youth Covid 19 NCDP Monday Drop In (Co-op Funded) ESP Southwark, Lambeth & Lewisham Outreach BBC Children In Need - Youth TOTAL FUNDS |
Incoming resources £ 46,476 4,647 51,123 57,266 3,000 12,500 2,991 9,801 - 47,483 1,250 1,800 5,000 3,968 - 5,354 - 6,710 157,123 208,246 |
Resources Movement expended in funds £ £ (44,414) 2,062 (5,677) (1,030) (50,091) 1,032 (50,348) 6,918 (3,000) - (12,500) - (750) 2,241 (5,414) 4,387 (1,320) (1,320) (42,813) 4,670 (1,250) - (5,824) (4,024) (2,859) 2,141 (3,966) 2 (115) (115) (5,147) 207 (199) (199) (6,431) 279 (141,936) 15,187 (192,027) 16,219 |
|---|---|---|
continued...
Page 22
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Other Unrestricted | 2,080 | 46,983 | 49,063 |
| Rushey Green Playgroup | 53 | - | 53 |
| Lewisham Irish Pensioners - designated | 4,941 | (1,030) | 3,911 |
| 7,074 | 45,953 | 53,027 | |
| Restricted funds | |||
| Department of Foreign Affairs and Trade; | |||
| Emigrant Support Programme | 11,782 | (1,331) | 10,451 |
| Ireland Fund of GB | - | 4,931 | 4,931 |
| LBL Lifelong Learning | 16 | - | 16 |
| Local Assembly Funding | 247 | (166) | 81 |
| Awards for All | 23 | (23) | - |
| Back Garden Project LBL & Crowd | |||
| Funding | 5,007 | (1,320) | 3,687 |
| GRT Project - SP & ESP | 78 | 4,671 | 4,749 |
| Petchy Foundation | - | 561 | 561 |
| NCDP Digital Hub | 4,700 | (4,362) | 338 |
| ESP Lewisham Irish Pensioners | - | 1,592 | 1,592 |
| London Youth | - | 2 | 2 |
| Monday Drop In (Co-op Funded) | - | 207 | 207 |
| ESP Southwark, Lambeth & Lewisham | |||
| Outreach | - | 604 | 604 |
| BBC Children In Need - Youth | - | 49 | 49 |
| PIPHC - GRT service contract | - | 7,877 | 7,877 |
| 21,853 | 13,292 | 35,145 | |
| TOTAL FUNDS | 28,927 | 59,245 | 88,172 |
continued...
Page 23
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds Other Unrestricted Lewisham Irish Pensioners - designated Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme Ireland Fund of GB LBL Rent Local Assembly Funding Awards for All Back Garden Project LBL & Crowd Funding GRT Project - SP & ESP Petchy Foundation NCDP Digital Hub ESP Lewisham Irish Pensioners London Youth Covid 19 NCDP Monday Drop In (Co-op Funded) ESP Southwark, Lambeth & Lewisham Outreach BBC Children In Need - Youth ESP - Covid 19 Southern Iris Pensioners Partership Covid 19 - Community Response Irish Government - Covid 19 Xmas Hampers PIPHC - GRT service contract LB Lewisham - PIPHC - Advice Project Online Digital TOTAL FUNDS |
Incoming resources £ 131,850 4,647 136,497 93,689 8,025 25,000 2,991 9,801 - 65,483 2,375 1,800 10,550 3,968 9,836 5,354 20,000 17,930 2,640 10,125 7,050 26,475 3,100 9,545 335,737 472,234 |
Resources Movement expended in funds £ £ (84,867) 46,983 (5,677) (1,030) (90,544) 45,953 (95,020) (1,331) (3,094) 4,931 (25,000) - (3,157) (166) (9,824) (23) (1,320) (1,320) (60,812) 4,671 (1,814) 561 (6,162) (4,362) (8,958) 1,592 (3,966) 2 (9,836) - (5,147) 207 (19,396) 604 (17,881) 49 (2,640) - (10,125) - (7,050) - (18,598) 7,877 (3,100) - (9,545) - (322,445) 13,292 (412,989) 59,245 |
|---|---|---|
continued...
Page 24
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. MOVEMENT IN FUNDS - continued
Further information on funds.
Department of Foreign Affairs and Trade: The Emigrant Support Programme received a grant of £79,500 for the year from 1st July 2020 to 30th September 2020 (2019 £79,950). The funds were restricted for the following projects:
| 2021 | 2020 | |
|---|---|---|
| Information Advocacy and Advocacy | £36,000 | £36,000 |
| Gypsy Roma Travellers Outreach Service | £18,000 | £15,386 |
| SLL Outreach Advice Partnership Project | £20,000 | £20,000 |
| Elders Project | £5,500 | £5,000 |
Lewisham Irish Pensioners Association , was merged into LICC during 2018/19. The balance of funds at the time of its cessation were donated to LICC. These funds are unrestricted but have been denoted as a designated fund.
The LBL Fund represents the grossed up income and expenditure in terms of an agreed rent for the centre, effectively donated by LBL.
Ireland Fund of Great Britain this relates to funding of £5,052 (2020 £3,000) for Food Deliveries.
LBL Crowd Funding Award - Back Garden Project £3,687 brought forward with no expenditure during the year due to Covid.
The Awards For All Fund this relates to a new grant received in 2019/20 to support the sustainability of the Playgroup project of wh ich £4410 was expended during 2020/21.
Rushey Green Local Assembly a grant for £2,999 was received in March 2020 & £2,407 was expended during the year
Petchy Foundation , Youth club funding was provided in 20-21 for £625, in addition to a donation of £500 which was put towards additional activities and equipment by the membership.
Digital Hub was public health funding via Neighbourhood Community Development Partnership. The funds were to purchase equipment & set up 26 weeks of information & support on digital access.
The balance of funds remains only to cover depreciation on the equipment in later years
NCDP funding of £9836 is Lewisham Public Health funding. LICC were allowed a change of use to response to COVID 19 . This funding was spent on the delivery of weekly lunches to those isolated /Elderly in partnership with the Good Hope Café, Catford Fridge and Wheels of Wellbeing.
National Lottery Community Fund- Covid 19 Recovery £25800 - this is one of core funding to support recovery costs .
London Community Foundation Covid Response £19545 included three awards; Wave 1, wave 2 and wave 3 to respond to Covid Crisis included paymen t towards food projects and an online digital project.
COVID 19 Response projects were time restricted and spent within the given period 2020 2021
Covid 19 (ESP) SIPP Partnership £2,640 this was ESP Covid funding awarded to SIPP as lead partner in the project, & the £2,640 relates t o the amount paid over to LICC for our involvement in the project.
Page 25
continued...
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. MOVEMENT IN FUNDS - continued
Sufficient resources are currently held in all restricted funds to enable them to be applied in accordance with any restrictions.
Unrestricted donations
Unrestricted donations included a corporate donation from Burberry of £12000.
16. CONTINGENT LIABILITIES
In respect of individual restricted funds held, whilst there are no time limits stipulated on expenditure thereof, should expenditure not ultimately be incurred in line with the original intended use outlined in the original funding applications, or should an alternative use for those specified funds not be agreed, the funders reserve the right to request repayment of restricted funds held.
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
18. INDEPENDENT EXAMINATION
Lewisham Irish Community Centre has appointed Kim David Hardie F.C.C.A. of A Star Accountancy Ltd. to independently review its annual accounts for the period. The cost of the Independent examiners fee is £350 (2020 £350), plus an additional £1,750 for compilation and preparation of these financial statements and related support work (2020 £1,750).
Page 26