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 2023
for
Lewisham Irish Community Centre (A Company Limited by Guarantee)
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 2023
| Page | |||
|---|---|---|---|
| Strategic Report | 1 | ||
| Report of the Trustees | 2 | to | 7 |
| Statement of Trustees' Responsibilities | 8 | ||
| Independent Examiner's Report | 9 | ||
| Statement of Financial Activities | 10 | ||
| Balance Sheet | 11 | to | 12 |
| Notes to the Financial Statements | 13 | to | 24 |
Lewisham Irish Community Centre
for the Year Ended 31 March 2023
Strategic Report
The trustees present their strategic report for the year ended 31 March 2023.
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 31 January 2024 and signed on its behalf by:
Michael Mc Donnell - Trustee
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Lewisham Irish Community Centre (Registered number: 02752450)
for the Year Ended 31 March 2023
Report of the Trustees
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.
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
This year Lewisham Irish Community Centre celebrated 30 years, a huge achievement for a small charity in this current economic climate. We held celebrations throughout the year, the highlight was a special reception held at the Irish Embassy in London. It was great to bring the community together to acknowledge all those who have supported the charity over the years, highlight recent achievements and discuss our strategic plan for the years ahead.
Main Highlights
There's been much to celebrate throughout the year with increased funding from the Irish Emigrant Support Programme and five-year funding from City Bridge Trust. This funding has enabled LICC to expand our welfare services to a team of four outreach advice and caseworkers. The new team will ensure LICC meets the current challenges faced by the most vulnerable members of our community and the long-term impacts of COVID on an aging Irish Community. LICC secured a new five-year contract with Lewisham PIPHC to deliver services to the Gypsy Roma Traveller community. LICC secured NCIL funding to fit a new community Kitchen while Lewisham Council carried out extensive work on the premises which included external repairs, internal decorating of the main hall area, and new bathroom fittings. We are delighted with the support and commitment from Lewisham Borough Council. It was great to be back in the building in time to celebrate St. Patrick's Day events with 174 members of the community.
To celebrate 30th years we produced Lewisham Irish life stories capturing stories of emigration across the diverse local Irish community, we thank all our contributors for their generosity toward this project.
We look forward to the year ahead building on the successes of this past year, working collaboratively within the borough and among our Irish Networks. Thanks to our dedicated staff team, tutors, facilitators, volunteers for their hard work and dedication to the charity.
Advice & Support Services
The advice and support services is mainly provided onsite for the Irish Community and home visits to the Gypsy Roma Traveller communities.
This period 170 individuals accessed the service; 138 clients accessed the advice and advocacy while 32 individual received welfare calls or community meals. The welfare team held 343 advice sessions, including 111 home visits.
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Lewisham Irish Community Centre (Registered number: 02752450)
Report of the Trustees for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES SOCIAL INVESTMENTS
Irish Elders Project
The Bia Project continues to deliver weekly meals to the most vulnerable and or, isolated members of our community. The project to date has run for 134 weeks delivering meals on wheels to those who are isolated or vulnerable. In the past year, 20 individuals accessed the project, and 640 meals were delivered. Our Irish elders project runs Friday afternoon onsite offering a program of music, song, chair-based exercise, light lunch and bingo. This is attended by an average of 30 individuals weekly, this increased to 70 for special Christmas and St. Patrick's Day lunches. In addition to our Friday Irish Elders project we offer Seated Pilates, Zumba Gold and a Men's Group throughout the week. 103 older individuals accessed our weekly activities.
Children and Young Person Projects
LICC's weekly playgroup provides unstructured 'Play and Stay' sessions for families with toddlers. The project is coordinated by Karen Duggan. This year 23 families accessed the project .
LICC youth club offered 31 sessions and was accessed by 32 young people. Weekly activities include craft table, indoor sports, team games table tennis, air hockey and football.
The youth project secured additional funding from London Youth Burberry programme to deliver weekly food parcels and recipes to 13 local families in partnership with Holbeach school, this project concluded in July 2022. 68 local families have accessed the children and young people's projects in this past year
Volunteer Program
We have worked with 13 volunteers supporting the Bia project, Parent and Toddler group and Elders projects. Total volunteer hours this period was in the region of 800 hours.
Events
Our first event of 2022 was a joint health day event with Irish in Britain attended by 80 members of the local community. The event was centred around increasing access to COVID vaccine as part of IIB's Vaccine Le Cheile. There was an opportunity to access information and support from various groups including MIND, Macmillan Cancer support. Blood pressure testing, Irish groups ICS, STAG and LIC Camden.
On the 12th of May Lewisham Community Connections held their first Partnership Networking Event at LICC. It was a great opportunity to bring together over 60 professionals from the statutory, voluntary and community sectors.
LICC hosted Advice Lewisham's Forum in September 2022. LICC offered the space to forum members to set up a walk-in information, support and sign-posting surgery on Thursdays mornings, we look forward to commencing this project in May 2023.
Lewisham Irish Community Centre ran social events for Halloween, Christmas and St. Bridget's day in addition to St. Patrick's Day festival. We participated in the main St. Patrick's Day parade, held Community Brunch and Irish Elders St. Patrick's Day lunch.
Irish Language Classes
Irish Language classes were attended by 20 individuals throughout this past year. Classes are available both onsite and online.
We would like to thank all local groups, charities and churches who use LICC facilities, all those who work in partnership with LICC this past year including ICAP counselling services, Southwark Irish Pensioners Project, Irish in Britain, Coláiste Na Ngael, Community Connections, Lewisham Local and the Diamond Club.
30 Years of LICC
Irish Embassy Reception - Ambassador of Ireland Martin Fraser and his wife Deirdre hosted friends, volunteers, staff and trustees to mark the 30th year of the Lewisham Irish Community Centre at the Irish Embassy in London. Celebrating 30 Years at the Centre
In December, we also celebrated our 30th anniversary at the centre with an evening of music and song. We were joined by 120+ 'old friends and new' from across London. We had music from Fiona and Jean Kelly, some singers from our pensioner's project and a local ceili band. We launched our Lewisham Irish Life Stories project at this event, a book capturing the stories of immigration from across the community with some readings on the evening.
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Lewisham Irish Community Centre (Registered number: 02752450)
for the Year Ended 31 March 2023
Report of the Trustees
OBJECTIVES AND ACTIVITIES
We want to thank the London Irish LGBT Network who gifted the centre a commissioned painting by local artist Yvonne Devine to mark the milestone.
Grantmaking
Grants were paid to the value of £350 from Southwark Irish Pensioners Project - Bens OC Grant £350.
FINANCIAL REVIEW
Principal funding sources
The Lewisham Irish Community Centre is primarily funded by two sources:
One is a 'service contract' with the London Borough of Lewisham, which contributes towards the Gypsy Roma Travellers Outreach service. The current contract has been renewed for a five-year period 2022-2027.
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 Welfare Services and the Gypsy Roma Traveller Outreach Service. This year we secured five hear funding from City Bridge which enabled LICC to develop and expand the welfare services.
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. Since the Pandemic and with the current cost of living crisis hiring the space has proved more challenging. This year the building was closed for a three month period for essential refurbishment which resulted in loss of earnings and loss of two long term user groups.
We generated £26,839 (2022 £26,782), which is an increase of £57 from 2021 -2022.
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.
Total reserves currently stand at £69,305 (2022 £83,617).
Restricted funds currently stand at £63,857 (2022 £59,498)
Unrestricted funds currently stand at £5,448 (2022 £24,119), however £2,389 (£2022 £951) 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 2023
Report of the Trustees
FUTURE STRATEGIC DIRECTION
LICC has a four-year strategic plan, reaffirming our commitment to the welfare of 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 was to build capacity and resilience post COVID.
2022-2023 was the third year of the strategy and much of the objectives have successfully been achieved.
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 prioritise our fundraising strategy to continue to 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.
Post year end developments
Since the end of the financial year, LICC has strengthened its financial position by securing an increase in Emigrant Support Programme to £105,313 (2022 £95,860)
We secured one year funding from Awards For All, to cover costs of the youth club salaries for 2023 to 2024.
We secured £5,500 warm spaces funding towards the community café and £43,514 cost of living funding which supports the financial shortfall in existing services. The cost-of-living funding includes retrospective funding from July 2023 and will enable LICC to build up reserves and establish better financial stability for 2024/2025 period.
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Lewisham Irish Community Centre (Registered number: 02752450)
for the Year Ended 31 March 2023
Report of the Trustees
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
Registered office
2a Davenport Road Lewisham London SE6 2AZ
Trustees
Colum Mackey Chair James Farrell Vice Chair Conor D' Arcy Secretary (resigned 31.3.23) Eamon Martin Treasurer (appointed 30/4/2021) (resigned 1.4.22) Mrs Anne Mary O'Rorke Treasurer Ms Karen Duggan Trustee Mrs Pauline Maton Trustee Michael Mc Donnell Trustee Ms Martina O'Sullivan (appointed 27.9.23) Dominic Nicholas Fox Trustee Ruairi Cullen Director (appointed 30.3.23) Ms Dervla O'Shea (appointed 30.3.23)
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Lewisham Irish Community Centre (Registered number: 02752450)
for the Year Ended 31 March 2023
Report of the Trustees
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
K D Hardie A Star Accountancy Limited Chartered Certified Accountants 19 Beech Avenue Sidcup Kent DA15 8NH
Bankers
Co-operative Bank 151 Lewisham High Street Lewisham London SE13 6AA
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 31 January 2024 and signed on its behalf by:
Michael Mc Donnell - Trustee
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Lewisham Irish Community Centre
Statement of Trustees' Responsibilities for the Year Ended 31 March 2023
The trustees (who are also the directors of Lewisham Irish Community Centre for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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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 2023.
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 member of the Association of Chartered Certified Accountants, 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
A Star Accountancy Limited Chartered Certified Accountants 19 Beech Avenue Sidcup Kent DA15 8NH
31 January 2024
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Lewisham Irish Community Centre
Statement of Financial Activities
(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2023
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 6,118 182,090 Other activities & fundraising 3 38,899 31,507 Investment income 4 209 - Total 45,226 213,597 EXPENDITURE ON Raising funds 1,243 419 Charitable activities Charitable Activities 77,998 193,475 Total 79,241 193,894 NET INCOME/(EXPENDITURE) (34,015) 19,703 RECONCILIATION OF FUNDS Total funds brought forward 39,463 44,154 TOTAL FUNDS CARRIED FORWARD 5,448 63,857 |
31.3.23 Total funds a £ 188,208 70,406 209 258,823 1,662 271,473 273,135 (14,312) 83,617 69,305 |
31.3.22 Total funds s restated £ 165,400 65,937 1 231,338 5,436 230,457 235,893 (4,555) 88,172 83,617 |
|---|---|---|
The notes form part of these financial statements
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Lewisham Irish Community Centre (Registered number: 02752450)
Balance Sheet 31 March 2023
| Notes FIXED ASSETS Tangible assets 10 CURRENT ASSETS Debtors 11 Cash at bank and in hand CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 13 NET ASSETS FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS |
31.3.23 a £ 2,389 49,243 89,907 139,150 (51,374) 87,776 90,165 (20,860) 69,305 5,448 63,857 69,305 |
31.3.22 s restated £ 951 10,627 131,973 142,600 (33,311) 109,289 110,240 (26,623) 83,617 39,463 44,154 83,617 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 2023
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 31 January 2024 and were signed on its behalf by:
Michael Mc Donnell - Trustee
Colum Mackey - Trustee
The notes form part of these financial statements
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Lewisham Irish Community Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
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.
continued...
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Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES - continued
Fund accounting
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.
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 Donated services and facilities Other Income JRC Furlough Grants received, included in the above, are as follows: Southwark Irish Pensioners Project Ireland Fund of GB Department of Foreign Affairs and Trade; Emigrant Support Programme Petchy Foundation - Youth Club L B Lewisham - Covid 19 rebate grant LB Lewisham - PIPHC BBC Chilldren In Need Elders Facilitator Burberry Youth Club Covid Loan interest support Creative Lewisham Small Grants South Irish Pensioners Project The Mayor's Community Spaces At Risk Neighbourhood Community Infrastructure Levy (NCIL) Ward The City Bridge Trust - Bridging Divides Funding LBL Core Funding Groundwork UK - TE GWUK |
31.3.23 a £ 1,188 169,440 12,500 5,080 - 188,208 31.3.23 a £ - 2,500 95,840 1,500 - - - - - - - 600 - 18,000 40,000 10,000 1,000 169,440 |
31.3.22 s restated £ 5,036 143,007 12,500 3,999 858 |
|---|---|---|
| 165,400 | ||
| 31.3.22 s restated £ 300 - 79,067 - 9,594 200 6,776 9,828 30,000 375 2,000 467 4,400 - - - - |
||
| 143,007 |
continued...
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Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
3. OTHER ACTIVITIES & FUNDRAISING
| Ticket Sales & event income Fees for Services Hire of Hall 4. INVESTMENT INCOME Deposit account interest 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Other operating leases |
31.3.23 as £ 12,057 31,510 26,839 70,406 31.3.23 as £ 209 31.3.23 as £ 562 12,500 |
31.3.22 restated £ 7,648 31,507 26,782 |
|---|---|---|
| 65,937 | ||
| 31.3.22 restated £ 1 31.3.22 restated £ 1,238 12,500 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Full time Part time |
31.3.23 as 3 8 11 |
31.3.22 restated 2 7 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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Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds a £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 19,712 145,688 Other activities & fundraising 34,430 31,507 Investment income 1 - Total 54,143 177,195 EXPENDITURE ON Raising funds 5,296 140 Charitable activities Charitable Activities 62,411 168,046 Total 67,707 168,186 NET INCOME/(EXPENDITURE) (13,564) 9,009 RECONCILIATION OF FUNDS Total funds brought forward 53,027 35,145 TOTAL FUNDS CARRIED FORWARD 39,463 44,154 |
Total funds s restated £ 165,400 65,937 1 231,338 5,436 230,457 235,893 (4,555) 88,172 83,617 |
|---|---|
9. PRIOR YEAR ADJUSTMENT
Further to further clarification in respect of some previously reported 2021/22 fund movements, specific opening fund balances have been revised as a result of which brought forward restricted funds were reduced by £15,344, whilst unrestricted funds were increased accordingly.
The fund movements in respect of the 'comparatives' have been restated accordingly in note 15 Movement in funds - continued (comparatives for movement in funds).
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Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
10. TANGIBLE FIXED ASSETS
| Fixtures, fittings & Computer equipment equipment £ £ COST At 1 April 2022 27,407 8,701 Additions - 2,000 Disposals (13,416) - At 31 March 2023 13,991 10,701 DEPRECIATION At 1 April 2022 27,359 7,798 Charge for year - 562 Eliminated on disposal (13,416) - At 31 March 2023 13,943 8,360 NET BOOK VALUE At 31 March 2023 48 2,341 At 31 March 2022 48 903 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.23 as £ Other debtors 8,085 Prepayments and accrued income 41,158 49,243 |
Totals £ 36,108 2,000 (13,416) 24,692 35,157 562 (13,416) 22,303 2,389 951 31.3.22 restated £ 9,755 872 10,627 |
|---|---|
An amount due from one of our hall hire partners for £1,440 outstanding at the balance sheet date, remains unpaid at the date of approval of these accounts & the partner is now operating form a different venue, pending temporary closure of the Centre for renovation works.
No provision has been made in respect of this balance, which the trustees intend to pursue recovery thereof.
continued...
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Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.23 as £ Bank loans and overdrafts (see note 14) 1,903 Social security and other taxes 3,120 Deposits 3,502 Other creditors 30,461 Credit card 1,130 Accruals and deferred income 11,258 51,374 13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 31.3.23 as £ Bank loans (see note 14) 20,860 14. LOANS An analysis of the maturity of loans is given below: 31.3.23 as £ Amounts falling due within one year on demand: Bank overdrafts 1,903 Amounts falling due in more than five years: Repayable by instalments: Bank loans more 5 yr by instal 20,860 The amount disclosed as a loan within these financial statements for £1,903 (2022 £7,326) expenditure paid out in respect of a restricted fund paid over after the year end date, pending the accrued |
31.3.22 restated £ 7,326 2,258 3,802 10,746 708 8,471 33,311 31.3.22 restated £ 26,623 31.3.22 restated £ 7,326 26,623 is actually income. |
|---|---|
15. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted Restricted funds funds £ £ Fixed assets 2,389 - Current assets 73,458 65,692 Current liabilities (49,541) (1,833) Long term liabilities (20,858) (2) 5,448 63,857 |
31.3.23 a Total funds £ 2,389 139,150 (51,374) (20,860) 69,305 |
31.3.22 s restated Total funds £ 951 142,600 (33,311) (26,623) 83,617 |
|---|---|---|
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Page 18
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
16. MOVEMENT IN FUNDS
| Net movement At 1.4.22 in funds At £ £ Unrestricted funds Other Unrestricted 35,220 (29,854) Rushey Green Playgroup 441 (359) Lewisham Irish Pensioners - designated 1,802 (1,802) Lewisham Elders & Carers - designated 2,000 (2,000) 39,463 (34,015) Restricted funds ESP - Information, Advice & Support (IAS) 8,696 5,153 Awards for All Elders Facilitator 5,884 (5,884) Back Garden Project LBL & Crowd Funding 3,687 - ESP - GRT Project 3,484 (1,175) Petchy Foundation 561 (227) ESP Lewisham Irish Pensioners 1,592 (87) ESP Southwark, Lambeth & Lewisham Outreach - 656 PIPHC - GRT service contract 1,577 (1,577) Burberry Youth Club 15,942 (15,942) Creative Lewisham Small Grants 151 (151) Community Spaces At Risk 2,580 - Monday Cafe & Mens Group - 148 Southwark Irish Pensioners Project - Bens OC Grant - 250 The City Bridge Trust - 38,539 44,154 19,703 TOTAL FUNDS 83,617 (14,312) |
31.3.23 £ 5,366 82 - - |
|---|---|
| 5,448 13,849 - 3,687 2,309 334 1,505 656 - - - 2,580 148 250 38,539 |
|
| 63,857 | |
| 69,305 |
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Page 19
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
16. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Other Unrestricted | 45,226 | (75,080) | (29,854) |
| Rushey Green Playgroup | - | (359) | (359) |
| Lewisham Irish Pensioners - designated | - | (1,802) | (1,802) |
| Lewisham Elders & Carers - designated | - | (2,000) | (2,000) |
| 45,226 | (79,241) | (34,015) | |
| Restricted funds | |||
| ESP - Information, Advice & Support | |||
| (IAS) | 55,000 | (49,847) | 5,153 |
| Ireland Fund of GB | 2,500 | (2,500) | - |
| LBL Rent | 12,500 | (12,500) | - |
| Awards for All Elders Facilitator | - | (5,884) | (5,884) |
| ESP - GRT Project | 13,300 | (14,475) | (1,175) |
| Petchy Foundation | 1,500 | (1,727) | (227) |
| ESP Lewisham Irish Pensioners | 6,540 | (6,627) | (87) |
| ESP Southwark, Lambeth & Lewisham | |||
| Outreach | 21,000 | (20,344) | 656 |
| PIPHC - GRT service contract | 31,657 | (33,234) | (1,577) |
| Burberry Youth Club | - | (15,942) | (15,942) |
| Creative Lewisham Small Grants | - | (151) | (151) |
| Monday Cafe & Mens Group | 1,000 | (852) | 148 |
| LB Lewisham - core funding | 10,000 | (10,000) | - |
| Southwark Irish Pensioners Project - Bens | |||
| OC Grant | 600 | (350) | 250 |
| The City Bridge Trust | 40,000 | (1,461) | 38,539 |
| Neighbourhood Community Infrastructure | |||
| Levy (NCIL) Ward | 18,000 | (18,000) | - |
| 213,597 | (193,894) | 19,703 | |
| TOTAL FUNDS | 258,823 | (273,135) | (14,312) |
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Page 20
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.4.21 in funds At £ £ Unrestricted funds Other Unrestricted 49,063 (13,843) Rushey Green Playgroup 53 388 Lewisham Irish Pensioners - designated 3,911 (2,109) Lewisham Elders & Carers - designated - 2,000 53,027 (13,564) Restricted funds ESP - Information, Advice & Support (IAS) 10,451 (1,755) Ireland Fund of GB 4,931 (4,931) LBL Lifelong Learning 16 (16) Local Assembly Funding 81 (81) Awards for All Elders Facilitator - 5,884 Back Garden Project LBL & Crowd Funding 3,687 - ESP - GRT Project 4,749 (1,741) Petchy Foundation 561 - NCDP Digital Hub 338 (338) ESP Lewisham Irish Pensioners 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 (5,824) Burberry Youth Club - 15,942 Creative Lewisham Small Grants - 151 Community Spaces At Risk - 2,580 35,145 9,009 TOTAL FUNDS 88,172 (4,555) |
31.3.22 £ 35,220 441 1,802 2,000 |
|---|---|
| 39,463 8,696 - - - 5,884 3,687 3,008 561 - 1,592 - - - - 2,053 15,942 151 2,580 |
|
| 44,154 | |
| 83,617 |
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Page 21
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Other Unrestricted | 48,854 | (62,697) | (13,843) |
| Rushey Green Playgroup | 494 | (106) | 388 |
| Lewisham Irish Pensioners - designated | 2,795 | (4,904) | (2,109) |
| Lewisham Elders & Carers - designated | 2,000 | - | 2,000 |
| 54,143 | (67,707) | (13,564) | |
| Restricted funds | |||
| ESP - Information, Advice & Support | |||
| (IAS) | 35,534 | (37,289) | (1,755) |
| Ireland Fund of GB | - | (4,931) | (4,931) |
| LBL Lifelong Learning | - | (16) | (16) |
| LBL Rent | 12,500 | (12,500) | - |
| Local Assembly Funding | - | (81) | (81) |
| Awards for All Elders Facilitator | 9,828 | (3,944) | 5,884 |
| ESP - GRT Project | 18,000 | (19,741) | (1,741) |
| NCDP Digital Hub | - | (338) | (338) |
| ESP Lewisham Irish Pensioners | 6,000 | (6,000) | - |
| London Youth | - | (2) | (2) |
| Monday Drop In (Co-op Funded) | - | (207) | (207) |
| ESP Southwark, Lambeth & Lewisham | |||
| Outreach | 20,000 | (20,604) | (604) |
| BBC Children In Need - Youth | 6,776 | (6,825) | (49) |
| PIPHC - GRT service contract | 31,857 | (37,681) | (5,824) |
| Burberry Youth Club | 30,000 | (14,058) | 15,942 |
| Southwark Irish Pensioners Project | 300 | (300) | - |
| Creative Lewisham Small Grants | 2,000 | (1,849) | 151 |
| Community Spaces At Risk | 4,400 | (1,820) | 2,580 |
| 177,195 | (168,186) | 9,009 | |
| TOTAL FUNDS | 231,338 | (235,893) | (4,555) |
| Further information on funds. |
Department of Foreign Affairs and Trade: The Emigrant Support Programme received a grant of £95,860 for the year from 1st July 2022 to 30th June 2023 (2022 £79,067). The funds were restricted for the following projects:
| 2023 | 2022 | |
|---|---|---|
| Information, Advice & Support | £55,000 | £35,067 |
| Gypsy Roma Travellers Outreach Service | £13,300 | £18,000 |
| SLL Outreach Advice Partnership Project | £21,000 | £20,000 |
| Elders Project | £6,540 | £6,000 |
An amount of £19,305 was refunded after the financial year end primarily, as part of the funding was specifically for an additional post that was not taken up for several month until April 2023, although the related work was still none the less carried out by existing Centre employees.
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Page 22
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
16. MOVEMENT IN FUNDS - continued
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 £2,500 (2022 £2,500) towards reminiscence project.
LBL Crowd Funding Award - Back Garden Project £3,687 brought forward with no expenditure during the year due to Covid in af fected years, & pending additional funding that would be required to compete the project.
The Awards For All Fund this relates to a new grant of £9,828 received in 2021 towards facilitating the Elders Coordinator.
City Bridge Trust funding was awarded November 2022 for £150,000 in phased quarterly instalments. This is over five years towards salary costs of a Senior Advice Worker to support, supervise and lead the advice team delivering services to the Irish Community and Gypsy, Roma, Traveller Communities in the London Borough of Lewisham, supported by City Bridge Trust, the funding arm of The City of London Corporation’s charity, Bridge House Estates (1035628).
London Youth Burberry Program - £30,000 this related to a 'one off; funding grant from Burberry to support the mental health and wellbeing of young people and the development of a partnership project with Holbeach Primary School to provide wee kly food and recipes to local families in need.
Creative Lewisham Small Grant - this was a grant to celebrate Irish music and cultural over a two day festival as part of Lewisham Borough o f Culture.
The Mayor's Community Spaces at Risk Fund
A grant of £4,400 was awarded & publicised, of which £1,820 was paid out directly to a consultant during the previous period, the balance was utilised in 2023 by consultation and research work for LICC by Locality.
17. 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.
18. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
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Page 23
Lewisham Irish Community Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
19. 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 (2022 £350), plus an additional £1,750 for compilation and preparation of these financial statements and related support work (2022 £1,750).
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