Company registration number.. 03931483 Charity registration number: 1080813 Indoamerican Refugee and Migrant Organisation known as IRMO {A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2024 Field Sullivan Llmited 9 Hare & Billet Road Blackheath SE3 ORB
Indoamerican Refugee and Migrant Organisatlon known as IRMO Contents Reference and Admlnistrative Details Trustees, Report 2to19 Independent Examiner's Report 20to21 Statement of Financial Activities 22 Balance Sheet 23to24 Statement of Cash Flow5 25 Notes to the Financial Statements 26to45
Indoamerlcan Refugee and Mlgrant Organlsation known as IRMO Reference and Administrative Details Chair Lucila Granada Chief Executive Offl¢er Bruna Boscaini Secretary Bruna Boscaini Treasurer Dr Danielle Guizzo Charity Reglstration Number 1080813 Company Registratlon Number 03931483 The charity is incorporated in England & Wales. Unit 8 Wanuick House Overton Road London SW9 7JP RegSstered Office Independent Examlner Field Sullivan Limited 9 Hare & Billet Road Blackhe3th SE3 ORB Bankers Unity Trust Bank PLC Nine Brlndley Place Birmingham BI 2HB Page I
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2024. Trustee5 and offl¢ers The trustees and officers serving during the year and since the year end were as follows: Trustees,. Carolina Cal Angrisani (appointed l July 20231 Cecilia Lanata Brlones (Resigned l July 20231 Noella Bello Castro Lucia Cirimello IReslgned l July 20231 Celia Gardiner (appointed l July 20231 Gabriel Gonzale2 Lucila Granada Dr Danielle Guiz20 (appointed l Ju5y 20231 Malika Shah (Resigned 12 August 20241 Olivia Stewart (Resigned l July 20231 Martin Tiedemann Chair.. Cecllla Lanata Briones (Resigned l July 20231 Lucila Granada Chief Executive Officer: Bruna Boscaini Secretary.. Bruna Boscaini Treasurer,, Dr Danielle Guizzo (appointed l July 20231 Page 2
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report GOVERNANCE AND MANAGEMENT IRMO is a UK-registered charity, regulated by the Charity Commission for England and Wales. It is constituted as company limited by guarantee. The company was established under a Memorandum of Association, which established the objectives and powers of the charitable company and is governed under its Articles of Association, The trustees listed above are the directors of the company and the trustees of the charity. IRMO is a membership organisation, and its members Ipredominantly its users) are entitled to vote and stand for election to the Management Committee at the Annual General Meeting IAGMI. IRMO'S Board of Trustees or Management Committee is made up of six to nine members. Management Committee members are elected to serve on the board for one year at a time and can be re-elected for up to fSve years consecutively, IRMO recruits trustees based on the required key skills and experiences identified in the annual skills audit. Candidates are invited to an informal intervlew. Representatives from IRMO'S beneficiaries are invlted to partlcipate in the recruitment panel. The panel selects the recommended candidates, who will seek to be formally elected by the members durlng the AGM. If a position on the Management Committee becomes vacant during the year, trustees can consider nominations for new trustees. Trustees are provlded with a Handbook and Governance Manual, outlining the roles and responsibilities of the board and key policies and procedures. New trustees are provided with an in~depth induction and attend training on governance, charity legislation and other topics relevant to their roles. While all trustees are involved in general areas of the board (including planning, finance and compliance), role descriptions are designed to provide each member with a specific focus for their work on the board. Every year, the board conducts a revlew of its performance in relation to best practices set out by the Charity Governance Code of the Charity Commission. The Committee meets every two months and is responsible for approving the charity's business plan, annual budget and quarterly financial reports. Staff management and operational declslons are taken by the CEO, known as the Director, who is line-managed by the Chair. Risk Management Trustees assess annually the various risk5 to which the charity is exposed In relation to social impact, SUStain3billty, organisational management. compllance, reputation and external factors. An agreed action plan to mitigate risks is put in place, and owners are assigned to the main risks identlfied. IRMO also undertakes risk assessment and contingency planning for Individual projects and partnerships. Reserves Policv The trustees are committed to maintaining an adequate, justified, and reasonable level of reserves in line with Charity Commisslon guidance. The primary purpose of IRMO'S reseNes is to ensure the charity can wind up in a solvent manner should an unplanned closure become necessary. IRMO'S Reserves Pollcy sets the mlnlmum reserves level at £182,382. Page 3
Indoarnerican Refugee and Migrant Organisation known as IRMO Trustees, Report As of March 2024, the total amount of unrestricted funds held was £441,393. Of this, £135,423 is designated to contribute towards refurbishing IRMO'S premises, and £60,000 is designated to support the sustainabilitv, consolidation, and expansion of our core capacity over the next three financial years, in line with our Business Plan. The remaining £245,970 will be held as reserves, divlded Into three reserve funds.. The first fund, £200,970, ensures the charity can wind up in a solvent manner if unplanned closure becomes necessary. The second fund, £15,000, provides cover for exceptional long-term slckness. The third fund, £30,000, is available for flexlble use in line with our charitable objectlves, such as covering emergency costs, responding to emerging needs, or advancing our Business Plan. Trustees will determlne the most appropriate use based on the situation and IRMO'S financial posltion. Our reserves level is equivalent to approximately four months of opÈratlng costs, meeting the required amount In our Reserves Policy. Trustees consider this level of reserves prudent and will continue to monitor reserves closely to ensure that IRMO holds adequate funds to meet future needs. THE COMMUNITY WE SERVE: LATIN AMERICANS IN THE UK The Latin American community Is one of the fastest growing - yet one of the most invisible - migrant communities In London and the UK. Based on census data, the Latin American population In England and Wales has grown by 400% between 2001 and 2021 Imcllwaine, 20241, with many families arriving in the UK through onward migration via Southern Europe. Recent estimates based on the UK Labour Force Survey indicate that the Latin American population is approxlmately 450,000, with 60°A concentrated in London (Turcatti & Vargas Silva, 20221. In recent vears, political and social instability in Central and South American regions has led to a significant increase in individuals seeklng asylum. The community 55 largely concentrated in South London, where IRMO is based. IRMO'S principal benefSclary group is made up of Latin Amerlcan migrants, asylum seekers and refugees in the UK who are experlencing poverty, disadvantage and exclusion. Thi5 group faces severe challenges in accessing support, information and lob stability due to a number of compounding, intersectional factors, including the language barrier, restrictions linked to immigration status and structural inequalities resulting from discrimination based on race. ethnicity, age, gender and dlsability. In spite of the community's high rates of pre-Covid-19 employment185/01, many experlence underemployment and disadvantage in the labour market. Report by Queen Mary University120161 revealed that the majority of Latin Americans In London work in low-paid, precarious jobs, mostly in the cleanlng and catering sectors, and experience in-work poverty and isolation linked to low wages, exploitative workloads and fragmented working hours. These condltions leave people vulnerable to exploitation.. studies found that 45% endured workplace abuse and that one in five experienced wage theft (De la Silva et al, 20191, Page 4
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report With low incomes despite working multiple jobs, many struggle to break out of in-work poverty, and many end up buildlng up debt. In addition, lack of English hinders access to services, with a large number not claimlng the social security they are entitled to. As a result, a vast proportion of our service users Ilve In poor housing conditions, mainly In the private rental sector1750/0l without letting contracts evidencing their tenancy rights lover 50%). Many live in overcrowded tonditions and for almost one in three, 'home' is limited to a rented bedroom as there are no commun31 spaces in the property. In addition, a significant proportion is homeless or living In insecure accommodatlon116.8Y.I, one in four has been turned away by landlords who refuse to rent to families and 12.7% have experlenced abuse in their housing. Research has conslstently evidenced low levels of access to rights and essential servlces, Queen Mary Universlty report120161 revealed that l in 6 Latln Americans in London were not re8lStered with a GP, and 2 In 3 had never accessed dental care. Similarly, our report The Right to Healthcare'120231 found that 38% of those reached by our Health and Wellbeing project were not registered with a GP. Struttural barriers keep migrant and asylum-seeking children out of education for excessive time - up to two years in some cases - hlnderlng development, integratlon and deepening inequality. Over the past decade, IRMO has provided advice and advocacy to support 1,500 Latin American migrant children and young people who were out of education in accessing school or college. The12ck of official data on the Latln American populatlon In London obscures the needs of the community and poses a barrier for organisations aiming to influence policy. As a foundlng member and current Chair of the Coalition of Latln Americans in the UK ICLAUKI, IRMO works to increase the visibllity of the Latin American communlty by campaigning to intlude the 'Latin American, category in official monitoring forms. As a result of our collective efforts, Latin Americans have been officially recognised as an ethnic group by the London Boroughs of Southwark, Lambeth, Islington and Hackney, at London level by the GLA and at national level by various organisatlons and institutions le.g. Arts Council England, Unison, etc.l. Most recently, it has also been recognised by the borough of Newham. Recognition has brought Smportant changes for local communities, fostering the incluslon of Latin Americans at all levels, from access to services to political representation. Asylum seekers and refugees.. In recent years, IRMO has been providing support to an increasing number of asylum seekers from across Latin America. Asylum seekers in the UK face multiple barriers to accessing legal support and cruci31 seNices, including healthcare and education. Those accommodated in hote15 face a range of Challenges, such as reports of pests and damp conditions, overcrowding, lack of cooklng 2nd inadequate toilet facilities. A recent survey of 53 beneflclarSes housed in hotels found that 72% were dissatisfied with the quality of the food provided. Some reported hospitalisations due to malnutrition or illness caused by poor-quality food, insufflclènt provisions for infants and growing children, and fallure to accommodate dietary needs. Additionally, 49% felt discriminated against by hotel staff, with multiple reports of verbal abuse, harassment, and mistreatment of chlldren. 91Yo expressed that the weekly financial allowance of £8.86 is insufficient to cover basic necessities such as toiletries, medicine, or healthler food, and leaves them unable to afford IT devices or transport to medical appolntments. These factors, compounded by soclal isolation have a direct impact on their physical and mental wellbeing, with 70% reporting regular or poor physical and mental health. After being granted refugee status, challenges persist. Many are evicted from asylum actommodation at extremely short notice, often without the documentation required to access employment, housingtr or benefits, resulting in many becomlng homeless. Page 5
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report Overlapplng crlsls: The overlappSng impact of hostlle environment policies. Brexit, Covid-19 pandemic, cost-of-living crisis and rising anti-migrant hate has deepened existlng structural inequalities, wlth devastating effects on the community. Brexlt has particularly affected the Latin Amerlcan community, leading to a rise in hate crime reports and heightened anxlety. Many are vulnerable to workplace abuse and intensified labour due to labour shortages resulting from the lack of regular migration routes into low-paid jobs post-Brexit. A large proportion continues to face insecure Smmigration status due to pending, late or rejected EU Settlement Scheme applications, as well as experiencing suspension from employment and exclusion from support due to challenges in proving their status. With the upcoming transition to a fully digital immigration system, where physical documents will be replaced by online records, we anticipate a sharp increase In the need to support individuals in accesslng and proving their status. As an ethnic minority Wlth large numbers facing In-work poverty and poor housing conditlons, Latin Americans have been at the sharp end of the Covid-19 and cost-of-livlng crises. Our 2021 report 'The Impact of Covld-19 on the Lives of Latin Amerlcan migrants, revealed the intersecting crlses of unemployment, abuslve employment practices, inadequate housing and increasing food poverty facing the community. The financial strain caused by the cost-of-living crlsls has led to a sharp increase in cases of food Insecurity and homelessness. Since 2020, we have seen a sustained rise in demand for our services, particularly in welfare advice, housing, and crlsls support. On average, we handle three cases per week involving destitution, homelessness, or severe distress. Our Crisis Fund enables us to offer short-term support to cover the cost of food, emergency accommodatlon and essentials, whlle we provide advice, casework and advocacy to flnd more sustainable, long-term solutions. OUR MISSION, VISION AND VALUES IRMO grew out of one of the flrst Latin American community organisations Sn the UK. Originally known as Chile Democratico, IRMO was founded in August 1982 by polStical refugees from ChSle. The organisation was later renamed the Indoamerican Refugee and MSgrant Organisation IIRMOI to reflect the diverse and growing Latin American migrant community in the UK. The name also recognised the importance of indigenous people and cultures to the story of Latin America. Our vlslon is a future where Latin American5 and other Spanish and Portuguese speakers living In the UK have equal rights,1Sve free from poverty and discrimination, and feel empowered to pursue their aspirations. Our mlsslon is to enable the development, agency) and participation of 311 Latin Americans and other Spanish and Portuguese speakers, by responding to both immediate needs and structural inequallties. We do this by offering hlgh-quality information and advice services, opportunities for development and training. and a platform to seek social and systemic change. We are Latin American-led, and ovr team Includes people with lived experience of the immigration and welfare systems, no recourse to publlc funds INRPFI, as well as precarious working and housing condltions. Page 6
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report Our values are.. Commltment: We are driven by a commitment to social justice for the communities we serve. We are accountable, we learn from our experiences and always act with care and responsibility. Transparency: We communicate Sn an open, honest and accessible way to best support our community, expand our reach and build cohesion around our mission. Collaboration: We listen to our community and partners to strengthen our work. We value the knowledge, skills and experience they bring, and work together to create lasting change. Solidarity: We stand alongside all migrants and those fighting for social justice. We are part of the migrant movement and value the strength in our collective experiences and unity. OUR ACTIVITIES Our work Is organised across three main operational areas and a cross-cutting area.. . Advice and Casework We provide frontline, one-to-one advice and casework in Spanish and Portuguese on key areas of need for the community, including immigration, welfare entitlements, housing, and homelessness prevention. We provide trusted, expert support for people facing these difficultles and help thÈm build skills to navigate the system for themselves. We also provide support to access healthcare services. IRMO is accredited by the Advice Qualltv Standard IAQSI and the Office of the Immigration Services Commissloner IOISCI at level 3. We are members of Advice UK and receive second-tier support from specialist organisations including Southwark Law Centre and the National Homelessness Advice Service INHASI. b. Educatlon, Tralnlng and Employment Our comprehensive programme of support in education, training and employment includes a range of activities aimed at improving our beneficiaries, socSal and cultural Integration in the UK. These include 12-week English for Speakers of Other Languages IESOLI groups for adults at different levels, individualised coachlng and lob-hunting support, professional mentorSng, vocatlonal tralning and workshops on employability skills. Through these activities, our beneficiaries build skills to start and progress in the UK labour market, as well as Increase their civic, cultural, and social participation in the broader community. c. Chlldren and Young People Our family and youth projects offer dedicated English classes, homework support and creative workshops for recently arrived children and young people10-19 years old). Through this work, we support young service users and theSr famllies to get a place in nursery, school, college or university, boost their educational attalnment and make friends while learning, creating and dlscovering their talents. Parents are supported to meet their family needs and access Other services through targeted advice, advocacy, referrals and learning workshops. We support families to access healthcare, special education needs and disability ISENDI support, emergency asslstance and specialised legal support. Our services for children and young people have achieved the London Youth Quality Mark ILYQMI, Page 7
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report d. Advocacyi Research and Campaignlng We address structural inequalities through campaigning, communlty organising, inter-sectoral collaboration and dvocacy work at local and national levels. Each IRMO programme area has identified a priority for advocacy, research and campaigning work to ensure that migrants, including asylum seekers and refugees, have fair and equal access to services in the UK and can fully exercise their rights and entitlements. Through the Coalition of Latin Americans in the UK ICLAUKI, we work with other Latin American organisations and groups to advocate for greater access to rights, increased civic engagement. improved living conditions that ensure dignity, as well as for the official recognition of Latin Americans as an ethnic group in the UK. PARTNERSHIPS, FORUMS AND NETWORKS We understand that lasting change Is best achieved through collaboration, and we have a strong history of working in partnership. These partnerships help us tackle complex issues, share resources, exchange best practices and address common challenges together. Our current partnerships Include.. The CoalStion of Latin Americans in the UK ICLAUKI.. We chair CLAUK, a coalition of led by and for Latin American organisations from the voluntary sector working together Since 2012 to raise awareness of the issues affecting Latln American communities,. amplify our collective voice,. and campaign for posltive change in the most urgent and strategic areas. Place for All IPFAI.. A Lambeth-ba5ed partnership with The Baytree Centre and High Trees, working towards a more equal and inclusive Lambeth. Advice in Community Settlngs: We lead a partnership with The Baytree Centre and High Trees to provide high quality, free and independent advice in community settings across South London to those experiencing, or at risk of, financial hardshlp. The service is offered at our community centres and nine outreach locations, includlng food banks, faith settings and school5. Propel - Advlce Workforce Development Programme.. We lead Propel, a partnership to develop an advice workforce development programme to train advisers from underrepresented communities and enhance the capacity of community-based organisations to respond to the labour shortage in the advlce sector. Along with our partners, The Baytree Centre, High Trees, LAWRS and Southwark Law Centre, we offer trainee opportunities for those keen to qualify as an adviser within a community setting. Building Young Brixton IBYBI.. A Lambeth-based partnership including ten organisations that work together to inspire and empower young people in Brixton. Each year, BYB engages with over 1,000 children and young people, establlshlng a blueprint for community partnershlps in L8mbeth. Each organisation contributes its unique approach to youth work, collectively enhancing opportunities for young people to thrive across the borough. Lambeth Peer Action Collective ILPACI.. A collective of young people and youth organlsations working to create future free from violence In Lambeth. Lambeth Community Research Network ILCRNI.. A collaboration that seeks to bulld the capacity of local people and community organlsations to lead research on topics that matter to them. Through the network, we champion action-focused research that leads dlrectly to positive change for local communltles. AMPLA IAsociaciOn de Madres y Padres Latinoamericanosl.. A self-organised group of Latin American parents, founded by IRMO benÈficlaries, to provide peer support to overcome common challenges. Page 8
Indoamerican Refugee and Migrant Organisatlon known as IRMO Trustees, Report IRMO is also a member of: Mayor of London's Refugee and Migrant Advisory Panel IMRAPI London Initial and Contingency Accommodatlon Civil Society Forum Southwark Latin Amerltan Network Together with Refugees Coalition Network for Justice Migrants Rights Network Migrants Organise CSvil Society EUSS Alliance Pan-London Migrant Frontline Network The National Homelessness Advice Service INHASI Advice UK Lambeth Advice Network Ethnically Diverse Advice Providers Network Better Work Network London Youth 4inlO London's Child Poverty Network OUR KEY ACHIEVEMENTS AND IMPACT During the 2023-24 perlod, 4,128 people benefltted from IRMO'5 servlces and activities. This include5 387 families receiving specialist advice and casework on Immigration, welfare rights, housingj and homelessness prevention; 1,047 people accessing information and practical support through our community support service,. 541 people recelving information and support to access healthcare. 336 learners attending our English courses and conversation classes,. 120 people receiving employment support and training,. 230 children and young people partlclpating in mentoring and educational activities,. and 67 people upskilled through volunteering. We continue to strengthen our advoca¢yi research, and campaigning effort5 in response to the compounding challenges posed by Brexit, Covid-19, the cost of living crisis, rising anti-migrant hate, and the increasingly hostile environment for refugees, migrants, and ethnic minority communities in the UK, both independently and through collective action. We are proud to continue chairing the Coalition of Latin Americans in the UK ICLAUKI, which leads the racial justice strategy for Latln American communities across the country. We have commissioned a comprehensive legal report on the rights of migrant chlldren In the UK, examining both UK and international legal provisions safeguarding their educational rights. The findings will inform the next stage of our advocacy strategy, aimed at ensuring that migrant children and young people have equal access to education. We are ready to embark on an exciting new project aimed at embeddlng human rights-based approaches across all our actlvltles. Supported by the British Instltute of Human Rights IBIHRI and Just Fair, this initiative will deepen our community and our organisation's understandlng of the rights safeguarded by human rights legislation, enhance our capacity to hold authorities accountable for their legal responsibilities, and equip us with stronger tools to advance our mission. Page 9
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report We continued to develop and strengthen strateglc p3rtnershlps, expanding our ¢apaclty and impact while streamlining individual processes through a truly collaborative approach. Within the Advice in Community Settings partnershlp, we have provided vital advice services across community centres and multlple outreach locations in South London, including food banks, faith settings, and schools, collectively supporting 858 individuals in accessing thelr rights and entitlements. As part of the Propel Advice Workforce Development Programme, which aims to train advisers from underrepresented communities and strengthen the capacity of community-based organisations to address the labour shortage in the advice sector, we successfully launched our first cohort of five trainees. These individuals have begun a comprehensive training programme tailored to their needs, which includes an IAG Level 3 tourse, in-depth training on immigration, welfare benefits, housing, and mental health awareness, alongside shadowing experienced advisors. We continued to address gaps In support by reaching out to more dlsadvantaged and underrepresented groups, proactively responding to the overlapping crlses affecting our community. Throughout the Covid-19 pandemic and the ongolng cost of Ilving crisis, we have sustained our crisis support services tackling food poverty and digital exclusion. We have developed targeted support to a growing nijmber of asylum seekers, includlng holding support sessions at hotels accommodating asylum seekers. Additionally, we have continued to assist EU-Latin Americans facing insecure immigration status due to late, pending, or relected EU Settlement Scheme IEUSSI appllcations, as well as those excluded from employment or essential services because they are unable to access or prove their status. We continued to enhance the quality of servl¢es across all areas as our capacity has grown, delivering more tonsistent and engaging support to adults, children, and young people. We successfully renewed our Advice Quality Standard IAQSI, Office of the Immigration Services Commissioner IOISCI, and London Youth Quality Mark accreditations, and we are now preparing to apply for the Investing in Volunteers Quality Mark. In response to the ncreasing demand for our advlce services, we have introduced new tools and processes to improve efficlency, identify issues earlier, and reduce waiting times. These include a new triaging system and an annual schedule of monthly workshops covering key toplcs affecting our community. We remain deeply committed to the wellbeing and profe55ional development of our staff and volunteers. We continue to offer free counselling through our Employee Assistance Programme and provide clinical supervision for our frontline staff. In response to Infl3tlon and the rlslng cost of Ilving, we have Sntroduced timely support measures to protect our staff. Additionally, we have launched a new Workforce Development Programme aimed at supporting the growth of trainees and advisors We progressed with our long-awaited organisational rebrand and new multillngual webslte. This platform will better promote our work and seNices throughout the community, making it easier for individuals to access Vltal information and resources, it will align our branding and messaging with our audSence and mission. creatlng a consistent and cohesive identlty as we engage with a wider audience. We expect the new website to go live in mid-2024, Page 10
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report Information and Advlee "I wos suspendedfrom my job due to my lack of EUS5 status. As on Eufamily member living in the UKfor over 15 years and holding a permonent residence cord, I believed I didn't need to opply to the EUSS. Thanks t(J IRMO'S Intervention, we submitted a late application. Despite the complexities introduced by recent Home Office policy changes that mode it more chollenging for individuols like me to regulorise their stay. after severol months of uncertainty, I wos ultimately granted settled status. Carlos, 66, from Ecuador Our work in a snapshot: 387 families received specialist advice on immigration, welfare rights, housing and homelessness. 1,840 individuals were provided with information and practlcal support through our community support services. 189 hardship and food vouchers were distrlbuted to those facing food poverty and destitution, and 550 IT devices and SIM cards were given to combat digital exclusion. 305 people accessed healthcare services. Our Information and Advice seNices provide culturally and linguistically appropriate information and practical support to help indlviduals access their rights, along with advice, casework, and legal representation on immigration, welfare, and housing for Latin American and other Spanish and PortuguÈse-speaklng migrants, asylum seekers and refugees in the UK. Through our Crlsis Response and Communlty Support initiatives, we play a cruclal role In addressing urgent needs, supporting 1,840 service users to access information and resources. To combat food poverty, we distributed 189 hardshlp and food vouchers to indlviduals facing crises, destitution, and homelessness. Additionally, we provided 550 IT-related items to help bridge the digital divide, ensuring acce55 to onllne resources. We also made 128 referrals to external providers, connecting people with essential seNices such as clothing and baby banks. In response to the ongoing pressures of rising living cost5. which have led to a significant Increase in poverty, destitution, and homelessness particularly among newly granted refugees we delivered specialist advice and casework to 387 families, with an estimated flnancial gain for beneficiaries of £663,794. Among our service users. 98Q/o speak a first language other than English, and 18Y. have disabillties. We continue to reach those most in need by delivering support In food banks, falth settings, and hotels hosting asylum seekers. The complexity of immigration cases has intensified due to ongoing legal changes and Increaslngly hostile policies, such as the Rwanda Act and the Illegal Migration Act. We continue to support individuals with complex cases, including those related to the EU Settlement Scheme, and those unable to prove or access their immigration status. We have made significant efforts to help people understand and exercise their rights by delivering 10 workshops on important topics, including changes to UK Immigratlon policy, welfare, and housing. These are completed by relevant resources in community languages, covering areas such as the asylum process and changes in immigration leglslation Page 11
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report Our efforts to enhance access to healthcare seNices have been particularly impactful. ThSs year, we helped 305 people register with GPS and facllStated their access to critical health, mental health, and dental care services. Our digital outreach has also made a significant impact, with social media posts related to healthcare access generating 23,855 views. In collaboration wlth seven partner organisations, we have raised awareness on vital health issues such as cancer prevention, sexual health, and mental health, ensuring the content Is tailored to the specific needs of the Latin American community. Education, Training and Employment "Thonks to the English classes I can now speak with the nurses ond people at the hospital during my dialysis, and I am on the waiting list for o kidney transplant. Before I felt terrible becouse I couldn't communNcote by myself. Thank youfor thefree English classes, IRMO." Martha, 50, from Colombia. Our work in 3 snapshot.. 336 learners attended our Engllsh classes 161 people improved knowledge of where and how to access basic services through our workshops and community coffee mornlngs 120 people received employment support and accessed training opportunities 67 people developed skills through 5,746 hours of volunteering For many Latin American migrants, refugees and asylum-seekers, there is a clear need to learn English in order to navigate the 5VStem as part of their integration journey in the UK. To support our community members on this lourney, we delivered 642 hours of ESOL classes; 97 hours of drop-in conversation classes,. 10 community coffee mornings,. and 8 workshops in employability skills, life skills and accessing essential services. The courses taken opened up new opportunities for participants in academic and vocational studies, as well as benefits such as giving parents an increased ability to support children with homework. communicate effectively with doctors and teachers, use public transport, and access rights and support servlces. Our activities also acted as a gateway to other services within IRMO, including immigration and welfare advice and employment support. The comblned challenges of Brexit, Covid-19 and the cost of living crisls made our employment support service users particularly vulnerable to barriers to employment, making it essential to invest a significant amount of time In casework, mentoring and floating support needs. Desplte these challenges, we were able to support 120 Latin American, Spanish or Portuguese-spe3king migrant beneficiaries, including dellvering a comprehensive training course in ESOL and construction and one In Digital Literacy in partnership with Code Your Future. Most participants improved thelr employment situation during the period. with many reporting greater confidence to obtain better and more secure working condStions. To further support our community, we established a peer support programme where service users who had been successful in passing the Health, Safety & Environment Test to secure the CSCS Card and qu31ification to work in the construction sector would support others In preparing for the exam. Additionally, we used success stories in our Community Coffee Mornings to motivate others, fogtering a posltive and encouraging environment. We also created online ESOL classes speclfically for women who are victims of domestic abuse Sn partnershlp with the Latin American Women's Rights Service ILAWRSI. Page 12
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report As part of our Volunteer Scheme, we recruited and trained a total of 67 new volunteers, providing them with valuable experience and tralning opportunities such as workin8 Wlth children in an educational setting; working with vulnerable adults,. safeguarding; IT,. immigration and welfare advice. among other professlonal and non-profit sector learnings, Children and Young People "When I first arrived in the UK, everything felt overwhelming, and I struggled to make friends or know where to stort. The LA YF project ot IRMO gave me a space where I could meet people, bulld my confidence, improve my English and learn Importont skills. Through the mentoring programme I created my CV, learned how to apply for jobs, opened o bank occount, and preparedfor interviews. Gettin9 myfirst job durlng the Eoster holiday was such a big step for me. Thanks to the supportfrom LA YF, I nowfeel confident that I can find a job l enjoy ond take control of myfuture." Lina, 16. from Colombia Our work Sn a snapshot.. 230 children and young people attended weekly educational activities, group workshops and one-to-one mentoring sessions. 112 children and young people who were out of education were supported to access school or college. 328 children, young people and their parents participated in 12 cultural events and trips to London landmarks. 159 children and young people experienced an improved sense of wellbeing. 154 children and young people felt less isolated as a result of having made friends and developed support network. The young beneficiaries supported by our Children and Young People are predominantly newly arrived migrants, asylum seekers and refugees who are not yet in school and don't speak much English. Some have flÈd violent gangs in their countries of origin, while others have mlgrated twlce In their lifetime. To ensure our project reaches the children and young people most in need, we have enhanced our triage system to better manage referrals from Early Help, Children's Services, local schools, and voluntary and community sector IVCS) organlsations. A significant portion of self-referrals come through word of mouth. Additionally, our outreach efforts at food banks, hotels housing asylum seekers, and faith-based settings help identify and refer chlldren In need to our services. Children face numerous barriers to accessing education, including rigid documentation requlrements from schools and local authorities, immigration status, hidden costs, and a lack of support for non-English speakers. These obstacles often result In prolonged periods out of school. Our Advice & Advocacy servlte offers personalised one~to-one support for families, helping them navigate the school admissions process, secure appropriate Special Educational Needs and Disabilities ISENDI and English as an Additional Language IEALI support, and access grants. We also assist with atquirlng school uniforms, applying for Zip Oyster cards, and obtalning free IT devices and internet access. Page 13
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report The Latin American Youth Forum ILAYFI, IRMO'S youth group for 13-19-year-olds at risk of exclusion, provides a supportive environment through weekly afternoon activities, one-to-one mentoring, and group learning workshops. These sessions help young people nurture their talents, build a support network in the UK, develop employability skills, and explore Issues relevant to them. This year's activities included workshops on public speaking, bike repair, photography, and poetry. Through creative workshops, participants explored toplcs such as consent and healthy relationships, challenged stereotypes and discriminatlon, and discussed power, privilege, and the importance of amplifying youth voices in the community. As part of Bullding Young People, a partnership of 10 Lambeth-based organisations, our young participants have access to a wide range of activities and joint initiatives. One such initiative is the Lambeth Peer Action Collective ILPACI, a youth-led peer research and social action project that seeks to understand the root causes of youth violence in Lambeth. Insights from the research are used to build campaigns advocatSng for better opportunities, improved houslng, and an education system that works for all young people, We ensure that youth voices are central to all aspects of our work through IRMO'S Youth Steering Group and the B YB Young Leaders Programme. These spaces allow young participants to actively shape and evaluate our youth services and co-deliver activities. The Young Leaders organise listenlng events to understand young people's prSorities and provide recommendations on how services can better respond to their needs. By participating in these initlatlves, young indlvlduals develop essential skills such as leadership, planning, problem-solving, teamwork, and effective communication. Research, Campalgnlng and Advocacy Work Through campaigning, research, community organising, inter-sectoral collaboration, and advocacy at local and national levels, we aim to address structural inequalities. Our goal is to ensure that migrants, Including asylum seekers and refugees, are able to fully exercise thelr rlght5. Coalitlon of Latin Americans in the UK CLAUK We are proud to continue chairing the Coalition of Latin Americans in the UK ICIAUKI, which lead5 the racial justice strategy for Latin American communities across the country. CLAUK'S mission is gulded by two key objettives.. advocating for meaningful change in crltlcal and strategle areas, and buildlng the capacity of organlsations and groups that support Latin American communities in the UK. In 2023, we undertook a collective process to review our governance, develop more comprehensive Terms of Reference, refresh our mission and vlsion. and create our five-year Business Plan. This comprehenslve strategy aims to advance the structural integration of the Latin American community in the UK. We celebrated a decade of collective work by launching our new website, unveS1Sng our updated strategy, and publishlng a report that highllghts 10 key steps towards justice for Latin Americans in the UK. achieved during CLAUK'S 10 years of ex15tence. The CLAUK 'Democracy and Partlcipation, campaign aimed to enhance political literacy and support Latln Amerlcans to access thelr democratic rights. Thls initiative, which Included information on the new voter ID requirements introduced by the Elections Act, reached an estimated 180,000 Latln Americans over nlne months through 30 In-person events and onlSne engagement. Page 14
Indoamerican Refugee and Mlgrant Organisation known as IRMO Trustees, Report As we plan the next steps for our 'Livlng with Dignity, campaign, we have conducted listening sessions wlth Latin American groups and individuals and joined forces with key partners, such as the Centre for Progressive Change, in their campaign for safe and falr slck pay leave. Access to education Drawing on a decade of frontllne experience supporting migrant and asylum-seeking children who are out of school, we have developed an advocacy strategy to break down the structural barriers that keep these children from accessing educatlon, We collaborate with schools, local authorities, and decision-makers to influence poll¢y and shift attitLsdes around school admissions. We have commissioned a comprehensive legal report on the education rights of migrant children in the UK. The report, which examines both UK and international legal provislons protectlng education rights, focuses particularly on undocumented chlldren. It identifies common barriers to accessing educatlon and explores potential legal challenges to address these issues. The report is set to be published in mid-2024. We have made slgnificant progress in building alliances with organisations, researchers, and legal experts working at the intersection of immigration and education access. Our team has actively participated in influential forums. such as a steering group led by Southwark Law Centre, which focuses on the educatlon of chSldren in temporary accommodation. We have also contributed to the Forum for Equalities and Human Rights in Southwark, highlighting educational challenges faced by our community, and participated in 4inlO's Policy Forum, where we discussed engagement strategies with candidates ahead of the London mayoral and assembly elections. Moreover, we have held strategic meetings with Lambeth and Southwark councillors. We are committed to strengthening civic participation by supporting parents, carers, and young people to become active agents of soclal change, We work closely with self-organised parent groups, including AMPLA, Empoderando Familias, and Familias v Autismo. We recently recruited a new Community Organiser and are preparing to deliver community organising training, co-developed with leaders from each group. Research and re orts Through our research, we aim to highlight key issues affecting our community and advocate for more effective responses from decision-makers, Durlng this period, we published The Right to Healthcare.. A Community-Led Approach to Better Health Outcomes for the Latin American Community, in partnership with the Latin American Women's Rights Service ILAWRSI. This report documents the numerous barriers that mlgrants, refugees, and asylum seekers face when accessing healthcare and provides actlonable recommendations for decision-makers. We contributed to a project led by Focus on Labour Exploitation (FLEXI and the Labour Exploitation Advisory Group ILEAGI to support long-term advocacy aimed at addresslng the root causes of exploitation. Our staff and beneficiaries with lived experience of labour exploitation contributed to research on the continuum of exploitation. This framework places labour exploitation on a spectrum, ranging from non-compliance with labour laws to severe offences such as forced labour and human trafficking. The research was launched in early 2024. Page 15
Indoamerican Refugee and Migrant Organlsation known as IRMO Trustees, Report Joint advocac and cam ai nin We continued to engage in joint advocacy and campaigning efforts to address key issues affecting our beneficlaries. Examples include joining the Anti-Trafficking and Labour Exploitation Unit IATLEUI and Focus on Labour Exploitation (FLEXI in opposing the Illegal Migration Bill during the Commons, consideration of Lords, amendments,. supporting the Patients Not Passports campaign, whlch seeks to end the raclst migrant charging policies within the NHS; and joining forces with ILPA and the3million In a joint letter highlighting the unfairness in the Home Office's approach to late appllcations, among other inltiatives. ortin the Involvement of eo le with Ilved ex erlence in nd research We contlnued to collaborate with think tanks, research bodies, and policy organisations to ensure the voice of our community is included in the development of campaigns, policies, and research. By sharing informatSon and fosterlng connections with movements and organisations, we facilitated meaningful participation. For example, we supported six service users in contributing to research conducted by Praxis and 4inlO on childcare access,. supported asylum seekers engage in Southwark's Joint Strategic Needs A55e55ment IJSNAI on The Health & Wellbeing of Asylum Seekers and Refugees In Southwark; and supported beneficiaries, involvement in the Safe Sick Pay campaign led by the Centre for Progressive Change. among other initiatives. STORIES OF IRMO All names hove been changed to protect individual Identities. Victor, 25, El Salvador Victor, an asylum seeker from El Salvador, has been living in the United Kingdom for the past three years. When he first attended our Community Coffee Morning. he spoke no English and was living in a hotel as temporary accommodation provided by the Home Office. He faced signlflcant challenges in communicating with others and had little understanding of the seNices avallable in the UK. Through his engagement In the Community Coffee Morning, Victor became motlvated to join our English classes and preparation courses for the Constructlon Skills Certification Scheme ICSCSI qualification, which Is essential for working in the construction industry. A few months later, he successfully passed the CSCS test and obtained his qualiflcation. Upon receiving his asylum status, he secured employment in the cleaning Sector while we continued to support him In his pursuit of a construction lob. Victor expressed his gratitude, saying, 'Yhanks to the EnglSsh classes at IRMO, I have learned the language and can communicate better. l am now on track to achieve my goal of working In the construction Sector, thanks to the qualification l obtained. Thank you so much, IRMOI" Page 16
Indoamerican Refugee and Mlgrant Organisation known as IRMO Trustees, Report Carollna, 37, Bollvla Carolina, a 37-year-old woman from South America, visited one of our Health and Wellbeing drop-ins seeking urgent help in accessing medical care. She was pregnant, with her due date just a month away, and faced significant challenges, including limited English proficiency and no recourse to public funds INRPFI. During her first Vlslt, our team helped her register with a General Practitioner IGPI and complete the necessary paperwork. However, as we learned more about her situation, it became clear that she had more complex needs. Carolina was facing destitution and homelessness as she prepared to give birth. We Immediately connected her with additional resources by referring her to the No Recourse to Publlc Funds INRPFI team at her local authority and to Project 17, a charity that supports families without access to public funds. As a result of these collective efforts, Carolina was placed In temporary accommodation, providSng her with a safe environment as she neared her delivery date. We provided Carolina with ongoing support by helping her access donated baby Items, ensurlng She had essentlal supplSes for her newborn. We also a5SlSted her in maintaining regular contact with her hospital and GP to 8uarantee she received consistent prenatal and postnatal care while addressing any new challenges that arose. Carolina's case highllghts the Smportance of holistic support systems for vulnerable individuals with multiple and complex needs. By offering comprehensive assistance, from securing housing and medical care to obtaining necessary supplies for her baby, Carolina was able to access her rights and the crStital support she needed during this pivotal tlme in her life. Max, 13, El Salvador Max arrlved In London wlth his parents, fleeing gang vlolence in Central America. Shortly after their arrival, Max and his mother were separated from his father and placed in different asylum accommodations, ultimatelv relocating to various parts of the country, This separation was particularly challenglng for Max, who deeply missed hls father. Upon reaching out for help, it was clear that Max faced significant challenges. He had been out of school for five months, largely due to the asylum accommodation's failure to forward essential correspondence from the council and the school, which resulted in considerable delays. Recognising the urgency of Max's situation, IRMO stepped in to facilitate his access to education. Sinco Max and his mother had recently relocated from London to the north of England, he participated in IRMO'S online classes and academic mentoring sessions. Over the next four months, these sesslons proved to be transformative. Max Showed increased engagement and growing confidence. The mentoring sessions not only fostered his academic skills but also provided a supportive environment for him to practise speaking English. This small group Interactlon helped Max feel more comfortable conversing with peers when he started school. During his final session, Max expressed excitement about his future ambitions, stating, "I want to be an IT programmer." Max's final evaluation highlighted significant improvements In his writing and listening skllls, as well as a remarkable boost In hls confidence. He went from feeling isolated and anxious to becoming an active participant in his new learning environment. Page 17
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report IRMO continued to provide regular support to Max's family, helping them access essential services, such as Free School Meals and transport. This support has been vital in reducing their sense of isolation and ensuring they have the resources needed to thrive in their new community. LOOKING AHEAD Our key objectives for 2024-25 and beyond are to further advance the following goals outlined in our Business Plan: • Mltlgatlng the ongoing impact5 of the hostile envlronment pollcies and Brexit by contlnulng to closelv monitor and respond to the evolving situation regarding EUSS, transition to a digltal Smmigration system, new migration routes and legislation changes,. and by upgrading our support to people with No Recourse to Public Funds INRPFI, undocumented migrant5 and asylum seekers. Promotlng recovery from the cost of livlng crisis and the long-term Impact of the Covld-19 pandemlc by proactively addressing urgent needs, such as food poverty and di8ltal exclusion, while continuing our efforts to enhance access to healthcare across the communitv. Evolvlng our servlces based on the lived experlences of our community by implementing our new user involvement strategy; establishlng an expert panel made up of a cross-section of beneficiaries,. and continuing to involve people with live experiences in research and advocacv. Strengthening our approach to Intersertlonality to better tackle structural Inequalitles and dlscrimination by developing more specific equality objectives,. stepping up our advocacy and campaigning work at local, London and national levels; and bringing more visibility to the community. both independently and as part of the Coalition of Latin Americans in the UK ICLAUKI. Ensuring that IRMO has the approprlate structure, resources, knowledge and approach in place to fully respond to the current needs and priorltles of the community we serve. Enhancing communlcatlon, by launching our new website and implementlng our new communications strategy to engage with our community and stakeholders In a clear, effective, and inclusive manner. Continuing to priorltlse team wellbelng and fostering a healthy work envlronment. THANK YOU We would Ilke to sincerely thank all of our staff, trustees and volunteers for their ongoing commitment and fantastic contributions to IRMO throughout 2023-24. Our heartfelt thanks also go to our incredible funders, Individual and corporate supporters, and partners, whose support has enabled us to continue growing a5 an organlsation and servlng the LatSn American community in the UK. Page 18
Indoamerican Refugee and Migrant Organisation known as IRMO Trustees, Report Statement of trustees, responslbllltles The trustees (who are also the dSrectors of Indoamerican Refugee and Migrant Organisation for the purposes of company lawl are responsible for preparing the trustees, report and the financial statements in accordance with applitable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), Includlng FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare flnancial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 its income and expenditure, of the charitable company for that perlod. In preparing these financial statements, the trustees are required to: select suitable accounting policies and apply them consistently,. obseNe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent,. state whether applitable accounting standards, comprislng FRS 102 have been followed, 5ubjert to any materlal departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in buslness. The trustees are responsible for keeping proper accounting records that can disclose wlth reasonable accuracy at any time the financial posltion of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguardSng the assets of the charitable company and hence for taking reasonable steps for the preventlon and detection of fraud and other Irregularlties. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemlnation of financial statements may differ from legislation in other jurisdictions. The annual report was approved by the trustees of the charity on 29 November 2024 and signed on its behalf by: Lucila Granada Chair and trustee Dr Danielle Guizzo Treasurer and trustee Page 19
Indoamerican Refugee and Mlgrant Organisation known as IRMO Independent Examlner's Report to the trustees of Indoamerican Refugee and Migrant Organisation {'the Company,) I report to the charity trustees (who are also Directors for the purpose of company lawl on my examinatlon of the accounts of the Indoamerican Refugee and Migrant Organisation I'the charltable company'l for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters l am required to state to them In this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed. Responslbllitles and basls of repoyt As the charity's trustees of Indoamerican Refugee and Migrant Organisatlon you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Havlng satlsfied myself that the accounts of Indoamerican Refugee and Migrant Organlsatlon are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of mv examlnation of your charity's accounts as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act, An Independent examination doe5 not Involve gathering all the evidence that would be required in an audlt and onsequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The plannlng and conduct of an audit goes beyond the limited assurance that an independent examlnation can provide. Consequently l express no opinion as to whether the financlal statements present a 'true and fair, view and my report is limited to those specific matters set out in the independent examlner's statement. Independent examiner's statement Slnce Indoamerican Refugee and Mlgrant Organisation's gross income exceeded £250,000 your examiner must be member of 3 body listed in section 145 of the 2011 Act. I confirm that l am quallfied to undertake the examination because l am a member of ICAEW, 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 examlnatlon giving me cause to believe.. l. accounting records were not kept in respect of Indoamerican Refugee and Migrant Organisation as required by section 386 of the 2006 Act,. or 2. the accounts do not accord with those records,. or 3. 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 Page 20
Indoamerican Refugee and Migrant Organisation known as IRMO Independent Examiner's Report to the trustees of Indoamerican Refugee and Migrant Organisation ('the Company,) 4. 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 IFRS 1021. 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 reathed. Timothy Sullivan FC ICAEW 9 Hare & Billet Road Blackheath SE3 ORB Page 21
Indoamerican Refugee and Mlgrant Organlsatlon known as IRMO Statement of FinancSal Actlvltles for the Year Ended 31 March 2024 Ilncluding Income and Expenditure Account and Statement of Total Recognised Galn5 and Losses) Total 2024 Total 2023 Unrestrltted Restrlcted Unrestrlcted Restrltted Noie Income and Endowment5from: Grants, donatlons leg3cles 77.896 21,927 4,256 720,066 797,962 21.927 4,256 113,685 11,238 1,598 622,281 735,966 11,238 1,598 InvesimÈDi Intome Total Income 104,079 720,066 824,145 126,521 622,281 748,802 Expendlture on: 1126,3221 1716,8321 1843,1541 113,5461 1744,5041 1758.0501 Total ÈxpÈndlture 1126,3221 1716,8321 1843,1541 113,5461 1744,5041 1758,OSOI Net lexpendlturelllncome Transfers between funds 122,2431 3,234 119.0091 112,975 2,245 1122,2231 12.2451 19,2481 Net movemÈnt In funds 122.2431 3,234 119,a091 115,220 1124,4681 19,2481 Reconclllailon of fttnds Toial funds brought fofward 463,767 105,313 569,080 348,547 229,781 S78,328 Toièl funds cèrrled fonvard 17 441,524 108,547 550,071 463,767 105.313 569,080 All of the charlty's a£tlvitles derive from contlnulng operatlons durlng Ihe above two perk)d5. The notes on pages 26 to 45 forrn an Integral part ol these financlal statements. Paee 22
Indoamerican Refugee and Migrant Organisation known as IRMO {Reglstratlon number: 03931483) Balance Sheet as at 31 March 2024 2024 2023 Note Fixed assets Tangible assets 12 135,423 155,947 Current assets Debtors 13 142,938 400,875 19,733 517,974 Cash at bank and in hand 14 543,813 537,707 Creditors: Amount5 falling due wlthln one year 15 1129,1651 1124,5741 Net ¢urrent assets 414,648 413,133 Net assets 550,071 569,080 Funds of the charlty: Restrlcted Income funds Restricted funds 108,547 105,313 Unrestrlcted Income funds Designated Funds General Funds 240,423 201,101 245,947 217,820 Total unrestricted funds 441,524 463,767 Total funds 17 550,071 569.080 For the financial year ending 31 Marth 2024 the charity was entitled to exemption from audit under section 477 of the Companles Act 2006 relating to small companies. Directors, responsibilities: The members have not requlred the charity to obtain an audit of Its accounts for the year in question in accordance with section 476,. and The dlrectors acknowledge their responsibilities for complying wlth the requirements of the Act with respect to accounting records and the preparation of accounts. The note5 on pages 26 to 45 form an integral part of these financlal statements. Page 23
Indoamerican Refugee and Migrant Organisation known as IRMO {Registration number; 03931483) Balance Sheet as at 31 March 2024 The financlal statements on pages 22 to 45 were approved by the trustees, and authorised for issue on 29 November 2024 and signed on their behalf bv.. Lucila Granada Chair and trustee Dr Danielle Guizzo Treasurer and trustee The notes on pages 26 to 45 form an integral part of these financial statements. Page 24
Indoamerican Refugee and Migrant Organisation known as IRMO Statement of Cash Flows for the Year Ended 31 March 2024 2024 2023 Note Cash flows from operatlng actlvltles Net cash expenditure 119,0091 19,2481 Adjustments to cash flows from non-cash Items Depreciation Investment income 21,723 14,2561 21,664 11,598} 11,5421 10,818 Worklng capltal adjustments {Increasel/decrease in debtors Increase In creditors {Decreasellincrease In deferred Income 13 1123,2051 59,615 155,0241 27,940 49,898 67,024 15 Net cash flows from operating activities 1120,1561 155,680 Cash flows from Investlng a¢tlvltles Interest receivable and similar Income Purchase of tangible fixed assets Sale of tangible fixed assets 4,256 11,1991 1,597 148,5131 612 12 Net cash flows from investing activities 3,057 146,3041 Net Idecreasellincrea5e in cash and cash equivalents 1117,0991 109,376 Cash and cash equivalents at l April 517,974 408,598 Cash and cash equivalents at 31 March 400,875 517,974 All of the cash flows are derived from continulng operatlons during the above two periods. The notes on pages 26 to 45 form an integral part of these financial statements. Page 25
Indoamerican Refugee and Migrant Organlsation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 I Charlty status The charity is limited by guarantee, Incorporated in England & Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. The address of Sts registered office is: Unit 8 Warwick House Overton Road London SW9 7JP These financial statements were authorised for issue by the trustees on 29 November 2024. 2 Accounting pollcles Summary of signlflcant accounting policies and key atcountlng estlmates The principal accounting policies applied In the preparation of these financ131 statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of compliance The financlal statements have been prepared in accordance with Accounting and Reporting by Charitie5'. 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 IFRS 1021 leffective l January 20191 Icharities SORP IFRS 1021 Second edition October 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. They also comply with the Companies Act 2006 and Charities Act 2011. Bas15 of preparatlon Indoamerican Refugee and Migrant Organisation meets the definition of a public benefit entity under FRS 102. Assets and liabllltles are initially recognised at historlcal cost or transaction value unless otherwise stated in the relevant accounting policy notes, Going concern The trustees consider that there are no material uncertainties about the charity's ability to contlnue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. Page 26
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 Judgements and key sources of estlmatlon uncertalnty In the application of the charitrfs accounting policles, the trustees are requlred to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the periods in which the estimate is revised where revisions affects only that perlod, or in the period of the revlslon and future periods where the revisions affects both current and future periods. Income and endowments All income is recognised once the charity has entitlement to the income, it Is probable that the income will be received and the amount of the Income receivable can be measured reliably. Donations und legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those condition5 are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grunt5 receivable Grants are recognlsed when the charlty has an entltlement to the funds and any conditions Ilnked to the grènts have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a Ilability and included on the balance sheet as deferred income to be released. Deferred Income Deferred income represents amounts received for future periods and is released to incoming resources in the period for whlch, it has been received. Suth income Is only deferred when: The donor specifles that the grant or donation must only be used in future accountlng periods; or The donor has imposed conditions which must be met before the charity has unconditional entitlement. Investment income Interest income, including income arising from finance leases and other flnancial Instruments, is recognised using the effective interest method. Page 27
Indoamerican Refugee and Migrant Organlsation known as IRMO Notes to the Financlal Statements for the Year Ended 31 March 2024 Expendlture All expenditure Ss recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured rellably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that Category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis conslstent with the use of resources, with central staff costs allocated on the basls of tlme spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charltable actlvlties Charitable expenditure comprises those costs Incurred by the charity in the delivery of its activities and services for Its beneflciaries. It Includes both costs that can be allocated directly to such activlties and those costs of an Indirect nature necessary to support them. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent wlth the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, Including audit, strategic management and trustees meetings and reimbursed expenses. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a ch3rltable company for UK corporation tax purposes. Accordlngly. the charlty Is potentially exempt from taxation in respect of income or capltal galns received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or galns are applied exclusively to charitable purposes. Tanglble flxed assets Individual fixed assets costing £500.00 or more are initially recorded at cost. Depreclatlon and amortlsation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Asset cla55 Office equipment Refurbishment Depreciatlon method and rate 20% stralght line method IO% straight line method Page 28
Indoamerican Refugee and Migrant Organisatlon known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 Trade deF)tors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provislon for impairment. A provislon for the impairment of trade debtors Is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readlly convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade credltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional rlght to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amort15ed cost using the effective interest method. Borrowings Interest-bearlng borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carrSed at amortised tost, wlth the dlfference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Artivities over the period of the relevant borrowlng. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilitles unless the charlty has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds set aslde for speciflc purposes at the dlscretion of the trustees. Page 29
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 Restricted income funds are those donated for use In a particular area or for specific purposes, the use of which Is restricted to that area or purpose. Pensions and other post retlrement obllgations The charity operates a defined contribution pension scheme which is a pension plan under which fixed contribution5 are paid Into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fLsnd does not hold 5ufficlent assets to pay all employees the benefits relating to employee service In the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Finèncial Activities when they are due. If contribution payments exceed the contrlbution due for seNice, the excess is recognised as a prepayment. Financial Instruments Recognltlon ond meosurement All financial assets and liabilities are initially measured at transaction price (including transaction costsl, except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transactSon prlce excluding transaction costs), unless the arrangement constitutes a financing transactlon. If an arrangement constitutes a financlng transactlon, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities are only offset In the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. Financial assets are derecognlsed when and only when al the contractual rights to the tash flows from the financial asset expire or are settled, bl the charity transfers to another party substantially all of the risks and rewards of ownershlp of the financial asset, or cl the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. Page 30
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Flnancial Statements for the Year Ended 31 March 2024 3 Income from grants, donatlons and legacies Unrestrlcted funds General Restrl¢ted funds Total 2024 Tot31 2023 Donations and legacies; Donations from indivlduals 2,176 2,176 4.249 Grants, Including capital grants,. The City Bridge Foundation BBC Children In Need The National Lottery Communlty Fund 520 87,330 19,138 87,850 19,138 36,680 57,773 107,344 49,976 107,344 49,976 15,000 5,000 87,632 156,854 15,000 30,000 20,000 Lambeth Council Garfield Weston Foundation 15,000 5.000 Peter Minet Trust People's Posttode Trust AB Charitable Trust Cornerstone Fund Veolia Environmental Trust London Catalyst Power To Change Nuestros Pequenos Hermanos UK United St Saviour's Charity The Neighbourly Foundatlon Lloyds Bank Foundation for England & Wales Access to Justice Foundation The Ironmonger's Company London Legal Support Trust Paul Hamlyn Foundation People's Partnership Walcot Foundation 25,000 1,200 25,000 1.200 4,500 7.375 13,632 13,632 4,000 4,000 4,000 3,000 39,588 1,000 13,195 13,195 25.000 25,000 60,371 5.000 75,000 83,718 12,225 24,193 8,330 49,251 111,363 27.250 60,371 5,000 75,000 83,718 12,225 24,193 8,330 49,251 111,363 29,193 36,791 138,251 26,633 Southwark Council Guy's & St Thomas Foundation Greater London Authority Page 31
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financlal Statements for the Year Ended 31 March 2024 Unrestricted funds General Restricted funds Total 2024 Total 2023 Youth Endowment Fund 10,197 77,896 720,066 797,962 735,966 4 Income from charltable actlvltles Unrestricted funds General Total 2024 Total 2023 Servites 21,927 21,927 11,238 5 Investment Income Unrestricted funds General Total 2024 Total 2023 Interest receivable and similar income,. Interest recelvable on bank deposits 4,256 4,256 1,598 Page 32
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 6 Expenditure on ¢haritable actlvltles Total 2024 Total 2023 Note Fundraising Activities and project Cost Volunteer expenses Staff costs 23,790 151,635 3,266 559,322 105,141 16,746 112,602 4,582 539,074 85,046 io Support costs 843,154 758,050 Within the expendlture above, there are Support Costs of £105,141 12023 £85,046) which relate directly to charitable activities. See note 7 for further details. Page 33
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 7 Analysls of support costs Support costs Total 2024 Total 2023 Staff welfare 9,357 4,748 1,454 2,901 8,530 7,161 2,407 2,961 13,809 2,688 515 3,562 460 Rent and rates Insurance 1,703 1,180 5,694 8,592 2,153 852 General maintenance Utllltles Computer software and maintenance Prlnting, postage and stationery Membership Sundries Independent examlnation Bookkeeping and payroll Legal and professSonal Bank charges Depreclation 4,516 2,688 640 26,648 239 31,152 191 21,723 21,663 105,141 85,046 Page 34
Indoamerican Refugee and Mlgrant Organisation known as IRMO Notes to the Flnancial Statements for the Year Ended 31 March 2024 8 Net Incomlng/outgolnE resources Net outgoing resources for the year include: 2024 2023 Depreciatlon of fixed assets Independent examination 21,723 2,688 21,663 2.688 9 Trustees remuneratlon and expenses During the year the charity made the following transactions with trustees.. Cella Gardlner £47412023.. £Nill of expenses were reimbursed to Celia Gardiner during the year. No trustees, nor any persons connected with them, have received any remuneration from the charity during the vear. No trustees have received any other benefits from the charity during the year. 10 Staff costs The aggregate payroll costs were as follows.. 2024 2023 Staff costs durlngthe yearwere: Wages and salaries Social security costs Pension costs 508,589 40,180 10,553 489,405 39,355 10,314 559,322 539,074 The monthly average number of persons lincluding senior management / leadership teaml employed by the charity during the year expressed as full time equivalents was as follows,, 2024 2023 No Charitable activities 19 21 The total employee benefits of the key management personnel of the charity were £61,89012023 - £52,015). Page 35
Indoamerican Refugee and Mlgrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 11 Taxatlon The charity is a registered charity and is therefore exempt from taxation. 12 Tangible fixed assets Furnlture and equlpment Other tanglble flxed asset Total Cost At l April 2023 Additions 18,391 1,199 179,854 198,245 1,199 At 31 March 2024 19,590 179,854 199,444 DepreclatSon At l April 2023 Charge for the year 11,080 3,738 31,218 17,985 42,298 21,723 At 31 March 2024 14,818 49,203 64,021 Net book value At 31 March 2024 4,772 130,651 135,423 At 31 March 2023 7,311 148,636 155,947 13 Debtors 2024 2023 Trade debtors 10,989 3,944 128,005 923 Prepayments Accrued income 1,959 16,851 142,938 19,733 Page 36
Indoamerican Refugee and Mlgrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 14 Cash and cash equlvalents 2024 2023 Cash at bank 400,875 517,974 15 Creditors: amounts falllng due wlthln one year 2024 2023 Trade creditors Other creditors 96,228 2,231 18,706 12,000 47,956 2,245 7.349 67,024 Accruals Deferred income 129,165 124,574 2024 2023 Deferred income at l April 2023 Resources deferred in the period Amounts released from previous periods 67,024 12,000 167,0241 67,024 Deferred Income at year end 12,000 67,024 16 Penslon and other schemes Deflned contribution pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £10,55312023 - £10.3141. Page 37
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 17 Funds Balance at 31 March 2024 Balance at i Aprll 2023 Incoming resources Resources expended Transters Unrestrlcted funds General General Funds 217,820 104,079 1126,3221 5,524 201,101 Deslgnoted Capacity Fund Development Fund Capltal Reserve Absences Fund 60,000 30,000 155,947 60,000 30,000 135,423 15,000 120,5241 15,000 245,947 15,5241 240,423 Total unrestrlcted funds 463,767 104,079 1126,3221 441,524 Restrl¢ted funds English for All GLA New Deal For Young Peop5e Chlldren in Need Family Project 2022-2023 1,781 2,938 34,080 36,484 135,8611 127,0601 12,362 12,386 2,625 112,3861 12,6251 139,1691 140,5641 127,7821 124,3771 Parents Association Thrlve Building Young Brixton IBYBI BounceBack 83,718 40,959 24,193 44,549 12,357 11,962 3,589 24,377 CLAUK Strategy 2022-2023 Health and Wellbelng Ambassador Expansion Lambeth Peer Action Collective 9,260 1,901 12,512 121,7721 11,9011 Advice in Community Settings 2022-2023 21,193 121,1931 16,3301 Common Purpose Programme Supporting Latin Americans in Southwark 6,330 5,849 13,195 5,000 Page 38 119,0441 15,0001 Ironmongers- Family Project
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financlal Statements for the Year Ended 31 March 2024 Balance at 31 March 2024 Balance at I Aprll 2023 Incomlng Yesources Resources expended Transfers Lambeth Latin American Youth Forum 15,000 111,9961 3,004 People's Partnership- CSCS Card Courses Improving Outcomes Through Legal Support Propel CLAUK Strategy 2023-2024 CLAUK Voter ID 12,225 112,2251 60.371 128.250 36,739 40,879 158,4611 1104,4661 134,9811 140,8791 1,910 23,784 1.758 NWDA Health Inequality Community Fund for Lambeth Children in Need - Famlly Project 2023-2026 Partners for Health Health Promotion Disease Prevention 14,976 {14,9761 19,138 13,632 118,5691 18,6761 569 4,956 2,000 12,0001 Lambeth's Cost of Living VCF Small Grants The Community Organisations Cost of Living Fund Advice in Community Settings 2023-2024 20,000 120,0001 66,385 166.3851 34,000 130,7021 3,298 Southwark Public Health Cancer Inequalities Grant 7,452 17,4521 105,313 720,066 1716,8321 108,547 Total funds 569,080 824.145 1843,1541 550,071 Page 39
Indoamerlcan Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 Balance at 31 March 2023 Balance at I April 2022 Incomlng resources Resources expended Transfers Unrestrlcted funds General General Funds 348,547 126,521 113,5461 1243,7021 217,820 Deslgnoted Capacity Fund Development Fund Capital Reserve 60,000 30,000 155,947 60,000 30,000 155,947 245,947 245,947 Total unrestrlcted funds 348,547 126,521 113,5461 2,245 463,767 Restrlcted funds English for All EU Settlement Scheme 33,420 3,750 {31,6391 1,781 13,7501 23,137 12,668 COVID 19 Support GLA New Deal For Young People Children in Need Family Project 2022-2023 123,1371 153,3631 43,633 2,938 15721 3,431 67,625 2,856 4,200 461 57,273 144,3151 11,1861 178,7501 12311 116,2001 14611 157,8461 138,5341 125,0001 16,2231 151,9271 148,1441 1111,042 18,6391 12,386 Step Up Plus Refurbishment 12,2451 11,125 Parents Association 2,625 THRIVE 2020-2022 12,000 Samaritan Grant A Place For All ii,ooi 10,635 25,000 6,223 26,323 46.845 39,861 Building Young Brixton IBYBI Advice Services 11.962 Awards for All BounceBack 29,193 72,521 134,285 10,197 3,589 24,377 16,712 1,901 CLAUK Strategy 2022-2023 Health & Wellbeing Lambeth Peer Action Collective 16,5311 343 Advice in Community Settlngs 2022-2023 46,731 68,000 Page 40 193,5381 21,193
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 Balance at 31 March 2023 Balan¢e at I April 2022 Incomlng resources Resources expended Transfers Common Purpose Programme Supporting Latin Americans In Southwark 5,971 15,9711 39,588 14,619 133,7391 114,6191 5,849 Voter ID campalgn 229,781 622,281 1744,5041 12,2451 105,313 Total funds 578,328 748,802 1758,0501 569,080 The speclflc purposes for which the funds are to be applied are as follows: English for All: Providing structured ESOL classes and English conversation classes for adults, as well as workshops on accesslng key services and community coffee mornings. GLA'S New Deal for Young People: Delivering a support programme for youth, including the development and promotion of the Mentoring Confidence Framework and expanding quallty mentoring for young people aged 10 to 24. BBC Children in Need- Famlly Project 2022-23: Offering ereatlve ESOL classes, targeted family support, education advice and community events for recently arrived Latin American children and famllles. Parents Assoclation: A self-organised group of Latin American parents providing peer support to overcome common challenges. Bullding Young Brlxton {BYBI: A partnership of 10 Lambeth-based youth service provlders, each uslng their unique approach to increase opportunities for young people to thrive. BounceBa¢k: A collaboratlve project helping low-income Lambeth resident5 vnder 30 flnd paid work. CLAUK Strategy 2022-23: Developing a five-year strategic plan for The Coalition of Latin American5 In the UK ICLAUKI. Health and Wellbeing Prolett.. Improving health equity for the Latin American community through outreach, one-to-one advice, workshops and collaboration with other organisations. Southwark Publlc Health Cancer Inequalities Grant: Addressing health inequalitles by increasing cancer screening uptake among Latin American and other Spanish and Portuguese speakers in Southwark. Lambeth Peer Actlon Collective ILPACI: A collective of young people and youth organisations working to create a future free from violence in Lambeth, Page 41
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 Advlce In Communlty Settlngs 2022-23,, Partnering with The Baytree Centre and High Trees to provide high-quality, free and independent advice in community settings across South London for those at risk of financial hardship. Supporting Latin Americans in Southwark: Combining education, training, and employment with advice and emergency support to level the playing field for Latin Americans in Southwark. Ironmongers Family Project: Providlng creative ESOL classes for children and targeted famlly support and education advice. Latln Amerlcan Youth Forum (LAYFI: IRMO'S youth-led group for migrant, asylum-seeking and refugee young people aged 13-19, offering activities in Spanish, Portuguese, and English. People's Partnership- CSCS Card Courses: Delivering ESOL and skills courses for construction workers. Common Purpose: Partnoring with the Latin American Women's Rights Service to enhance the wellbeing and engagement of the Latin American community in Southwark through improved access to services and opportvnltles. Thrive: Achieving equal access to education for Latin American migrant children. Improvlng Outcomes Through Legal Support: Improving access to early social welfare and famlly support to resolve issues before court or tribunal proceedings. Propel: Implementing a workforce development programme to train new advisers and upskill existing staff, Including an apprenticeshSp programme and development support for staff at all levels. CLAUK Strategy 2023-24: Implementing a five-year strategic plan for The Coalition of Latin Americans in the UK ICLAUKI. CLAUK Voter ID: Promoting civic engagement by raising awareness about photo Voter ID, supporting voter registratlon and increasing staff and volunteer capacity in voting rights and political literacy. NWDA Health Inequallty Communlty Fund for Lambeth: Improving health equity for the Latin American community through outreach, one-to-one advice, workshops and collaboration with other organisations. Chlldren In Need - Famlly Project 2023-26: Providing Engllsh classes, homework clubs, family support, and trlps for refugees and migrants, primarily from Latin America. Paytners for He21th: Improving health equlty for the Latin American community through outreach, one-to-one advice, workshops and collaboration with other organisations, Health Promotion Disease Preventlon: Promoting child health and immunisation schedules within the Latin Amerlcan community in Southwark. Page 42
Indoamerican Refugee and Mlgrant Organisation known as IRMO Notes to the Flnancial Statements for the Year Ended 31 March 2024 Lambeth's Cost of Llvlng VCF Small Grants: delivering cost of living related support to Lambeth residents to mltlgate or alleviate the impacts of the cost of living crisis. The Communlty Organlsatlons Cost of Llvlng Fund: offering critical setvices for people under severe pressure because of the increased cost of living. Advlce In Communlty Settlngs 2023-24.. Partnering with The Baytree Centre and High Trees to provide high-quality, free, and independent advice in community settings across South London for those at risk of financial hardshSp. Capital Reserve: Funds tled up In fixed as5et5 and which cannot be made available to cover more Immediate needs of IRMO. Capaclty Fund: To contribute towards the sustainability, consolidatlon and expansion of our core capacity over the next three financial years. in line with our Business Plan. Development Fund: To be used flexibly in line with our charitable objectives, for example, to cover unexpected costs in the case of emergency, to respond to an emerging need, or to progress our Business Plan. Absence5 Fund: To provide cover in the event of exceptional long-term sickness and to support possible Improvements in maternity benefits. Transfer to Absences fund (from General Funds) E15,000- To create new fund as set out above. Transfer from Capltal Reserve Ito General Funds) £20,524 - To match reductlon In flxed a55et5 value on the balance sheet. 18 Analysis of net assets between funds Total funds at 31 March 2024 Unrestrlcted funds General Designated Restricted funds Tangible fixed assets Current assets 135,423 194,843 1129,1651 135,423 543,813 {129,1651 240,423 108,547 Current liabilities Total net aSset5 201,101 240,423 108,547 550,071 Page 43
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 Total funds at 31 March 2023 Unrestrlcted funds General Deslgnated Restrlcted funds Tanglble flxed a55ets Current asset5 155,947 186,447 1124,5741 155,947 537.707 1124,5741 245,947 105,313 Current liabilities Total net assets 217,820 245,947 105,313 569,080 Page 44
Indoamerican Refugee and Migrant Organisation known as IRMO Notes to the Financial Statements for the Year Ended 31 March 2024 19 Related party transactions Durlng the year the charity made the following related party transactions: Cecilia Lanata-Brlones (Chair of the Management Committee) During the year £25 of expenses were reimbursed by the charity for safeguarding training. At the balance sheet date the amount due tolfrom Cecilia Lanata-Brlones was £Nil12023 - £Nill. Page 45