REGISTERED COMPANY NUMBER: 03915939 (England and Wales)
REGISTERED CHARITY NUMBER: 1088387
REPORT OFTHE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 21125
FOR
SOUTHWARK IRISH PENSIONERS PROJECT
Leroy Rcid & Co
Chartered Certified
ArKountants
299 Northborough Road
Norbury
London
SW16 4TR

SOUTHWARK IIU
HPE
NE
PR
REFERENCE AND ADMI
Tl
EDET
FOR THE YEAR ENDED 31ST MARCH 2025
TRUSTEES
K M Doyle (Joint Chair)
M Donnelly (Joint Chair)
Mrs H O'connor
Ms M Moyle
Mrs H A Morrin
Mrs M E O'connell (resigned 3.10.24)
Ms V Quinn (resigned 3.10.24)
J Rice (resigned 3.12.25)
COMPANY SECRETARY
Ms M Moyl¢
REGISTERED OFFICE
6 Market Place
B¢mionds¢y
SE16 3UQ
REGISTERED COMPANY
NUMBER
03915939 (England and Wales)
REGISTERED CHARI'rY
NIJMBER
1088387
INDEPENDENI, LK4MINER
Leroy Reid & Co
Chartered Certified
Accountants
299 Northborough Road
Norbury
IAJndon
SW164TR
BAIYKERS
CAF Bank
25 Kings Hill Avenue
Kings Ilill
West Malling
Kent
ME194JQ
National Westminster Bank plc
Camberwell Branch
70 D¢nmark Hill
London SE5 8rr
Page I

SOUTHWARK IRISH PENSIONERS PROJECT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
The Trustees who are also Directors of the charity for the purposes of the Companies Act 2006, present their report
with the financial statements of the charity for the year ended 31st March 2025. The Trustees have adopted the
provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordancc with the Findncial Reporting Standard applicable in th¢ UK and Republic of
Ireland (FRS 102) (elTectiv¢ l January 2019).
OBJEC'fivES AND ACTIVITIES
Objectives and aims
Th¢ objwls of the Project as set out in our governing document are: _
SIPP is established mainly, but not solely for the benefjt of elderly people residenl or working in the London Borough
of Soiithwark and surrounding ar¢as, who are Irish or of Irish descenl by..
l. ReliLving suLh people who are in conditions of poverty, sickness and distress or who are otherwis¢ in n¢¢d,
2. Providing and assisting in the provision of facilitlL% for Ihc rccrcation lind other Ic'isufL tinie occupation of such
people in the intcr¢sls of social wcltarc and go that their conditions of life may be improved and.
3. F.xtending the community support service lo tamily mcnibcr.q ol. any agc whcrL il 18 clcarly impossible to improve
the qualily of life of Ihc member without doing $0.
Mlsslon Statement
Southwilrk Iri%h Pensioners Proj¢cl (SIPP) exists lo alleviate the isolation of older Irish people. living in south
London, many of whom havc divei'se and complex Iiccds, cnabling Ihcm to livc with dignily consistenÉ with Iheii.
personal choices and prLfcrences.
Though practical 8upport, we hclp Ilicin to improvL thcir wLllbLing and Llaiin financial support. Wc act with kindnes8
nd compa.s.%ion and are cullurally awarc, bui Idingy longy term trustingp relationships that encuuragyL friLnd¥hip8, happy
mLmoriL'¥, Lommunity spirit and a dL'LP ￿>cllse of belonginsj.
Public benefit
Thc Trustees havc rcfLrred lo the guidancc conlainLd in thc C'harity Commisè>ion's gL'ncral giiidancc on public bcncfit
whcn rcviLwing i)ur aims and objccl'ivc8 and LK.licvc that in providinby our services lo our m¢mbLrs and to thc oldLr
loLal Lommunity, help 15 uliiinatLly bcing provided lo a significant proportion of the general populaliun.
Voluntccrs
Our 60 voluntccrs are, withoul qUCStion. our grLatcgt assLt and thc bcaling heart of our org#nisation. Thcy givc th¢ir
time frL'Lly, gcnLrously, and with gLnuinL' joy. Thanks to the National Lottery Reachingy Community Grant, whi6h has
cxpanded our Helping Flands Scheme, our volunteer team continuc8 to grow and flouri8h. We held a Ihank-you event
in June lo celebratc thL'm all- Inany attended, .4om¢ prcfcrrLd not to - but cvLry tsinglc onc ot" Ihcm 18 decply valued for
Ihc kindncss, warmth, and commitm¢nt Ihcy bring to our members and to the Project.
Some of our volunteers have ken wilh us for more than 20 years. others have only just started with u5. No matter how
long they have serv¢d. we can never fully express our gratitude.
Our 30 volunteer befrienders offer weekly or twice-weekly vi511s to older p¢i)ple who are lonely or i501ated, many of
whom live alone. while others are in care homes or shelt¢red housing. For some. the volunteer is the only person who
visits th¢m who isn't a professional. We also have several phone befriender5 who call two or three times a week,
offering friendly, reassuring check-ins that bring comfort and joy to housebound individuals, especially those with no
family.
Many of oiir long-standing volunteers support activities in the day service, others help riin events throughout the year.
and soin¢ lend a hand with admin, office Support, gardening, DIY, and other essential tasks. Oiii. volunteer5 don't just
help us deliver our services- they enrich them. Theii. energy and compassion elevale everything we do, and we never
tire of telling them just how extraordinary they are.
Page 2

SOUTHWARK IRISH PENSIONERS PROJECT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable actlvltle8
Community Service
Over the past year, our community teain has supported 376 individiials, offering not just practical help but a warin and
understanding person willing to assist them when they inost iieed assistance. They carried out more than 2,300 home
visits, often visiting peoplL' who had no one else coming to the door and made over 2,200 welfare calls to 346
individuals, many of whom rely on these check-ins for reassurance, guidance, and connection. Our carer support
worker reached out with 303 home visits and welfare calls to 46 carers, offering them much-needed understanding and
relief during difficult times.
Our hospital visitors inade 260 visits to 78 people, meeting them at some of their most vulnerable moments. From
admission through to discharge, they provided encouragement, advocacy, and tailored support, ensuring no one faced
the process alonc. Mcanwhilc, our assertive ()ulreach workcr madc 153 visits to 10 pubs aci'oss south London.
supporting 29 individuals to hold on lo their ILnanLies, engage with essei)tial serviLes. and. for some, find safer and
mor¢ appropriate housing.
Throughoul the y¢ar, Ihe community team hclped Llicntb navigatL a widc and ()ftc'n ovcrwhelming range of statutory
and voluntary s¢rvices. Many of the pcoplL' WL. support are huuSL.tK)und, isolated, or hiird to rcach, and the challenges
Ihey fa¢¢ be complcA- nicntal hcalth difficullies, hospilal discharge and home-cdre nLcd%, p(x)r phy4ical hcalth,
insecure housing or movcs into supported or rc%idcntial cai'c, dcbi, wcltarc bonctits, addiction, ¢ar¢r strain, and th¢
endlc88 paperwork that comes with all of Ihc8C i$SUL%.
Becaiisc .%0 many ofour clicnl8 livc with miiltiple and deep-rooled needs, advocacy IS dt thL hcart of what wc do. Our
staff brin&i expericncc, compa88ion, and delerinination lo every 51tualion. Thcy consistently gy() IhL Lxlra milc- not
because it is requircd, but kLilUSL they care. ThLir dLdicalion has carncd thcin 8li'on&y respect from the statutory and
volunlary parlncrs th¢y work alongiyide, and Ihcir impaLI 18 fLIt cvcry day in thc Iivc8 of the people they support.
BcL'au8c of IliL' nature of our work, we ofiLn walk beside fHmiliL'5 durinLi some of IIIL. Inost painfLII Inoinenls ol. their
lives. Whcn our clients pass away, Ihcir fdmilies turn lo us for support - sometimes arriving in England in dccp grier
lo arriingFe a funeral, somclimc8 prcparin&y lo return the loved one to Ireland, and often needing guidancc Ihroiigh thc
legalities and ditTicult prdLtILdlitiLs that follow a108S.
This ycar, wc said &yoodbye to 53 of our clicnl4 - Ihc hiLvhe51 niimbLr wc have cxpcriL'nccd 8incc Covid. F.ach lotss has
bcLn dccply fLlI. For our slafi., who havv shared years of ionneLtion, trust, dnd daily lifc with many or thc.se
individuals, their passing Icavc8 J rLal v()id. It also loucheb the close friends they Indde through thL projccl, who
sense of Lommunity and bLlon&Fing is shaken by cach dcilth.
These losses ai-c not just numbers lo us, thcy arL pcoplL' who8c Iivc8 rnatt¢r¢d, and whose absence is profoundly felt
aLrc)88 oui. cntir¢ Lommuniiy.
Hardship Gr4nts
Wc adminislcr hardship gyranls on behalf ofTh¢ BLnLvulLnl 8()cicty of St P¢ilriLk. Thi8 ycar we distributed over £12K
in 42 granls to individuals and famili¢,5 in llL7¢d, reLeiving referr¢ilb froin several Irish organisalion8 in souih London,
cit17.ens Advice. Ilouqing A880¢iations, addiction agcncies and many voluntary 0rgianisution￿Tr. Wc hilvc ni)tcd an
incLease in demand for emergency support for basicb i.c. food and clothing. across all agc ranges. This is a due lo the
ost of living crisis thal is affecting everyone but is particularly diificult for those living on a low income.
Day Serviee
Oiir day services remained vibrant and well attended throughout the year. On average, 48 people joined our Tuesday
Bermondsey drop-in, 37 attended the Brixton drop-in, and around 20 caine lo our Thursday Bermondsey session. In
total, 222 individuals took parl in our day services ovei. the year.
Our pensioners enjoyed a wide variety ofoutings, from pub lunches and visits to local places of interest lo long "turkey
and tinsel" weekends. Alongside these excursions, our regular activities-tea dances, board games, film clubs, arts and
crafts, yoga classes. and IT sessions - helped keep the atmosphere lively, engaging, and welcoming.
This yeai- also marked a very special milestone.. 20 years of yoga with Jane. whose calm presence and unwavering
dedication have supported and enriched the lives of countless allendees, some of whom have shared nearly the entir¢
two decade5 Wlth her.
Page 3

SOUTHWARK IRISH PENSIONERS PROJECT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
We are deeply grate￿1 for our wonderthl volunteers, whose time, energy, and compassion help bring our activities to
life and support the work of our day service coordinator. For many of our older community members, the day service
offers far inore than activities- it provides connection, friendship, and a sense of belonging. And even for those who
can no long¢r attend due to frailty or ill health, the relationships they formed here continue to be a source of comfort
and companionship.
The pensioners also took an active role in supporting the Project by organising their own fundraising days. Through
baking. knilling, crocheting, and selling unwanted gifts and clothing. they created events that were not only well
attended but also raised valuable funds for fulurc aclivitics.
Our in-housc fundraising achicvcd ovcr £13,000 this y¢ar through bring and buy sales, raffl¢s, bak¢ sal¢s etc which all
helps towards the everyday expenses of the day clubs.
We hcld a joint Mcmillan Cancer fundrditser in September where our membei's baked Jnd boiled some %Lruinptious
cakcs and we raised ovLr £800. Our christma.s Itair is always a popular Lvcnt with statT and volLinteers joiningy in the
merryn(Ikinb drc.ssing lip as Santa and his L'lvc8! ThL' hall waè+ full morl than 50 mL'mbers and their familie8 joined
with the Rivcrsidc Junior School singing Christmas carols and raised the rootl.
Working with St Michacl.s CollLlgYL' in Berinondsey we delivered Christmas hampers lo older people in need as well
as soine families. An￿hIng ILft uver we donatcd to local foodbanks.
Throu8houl th¢ year we scnl birthday cards to all our pen&4ioners who are so pleased to bL remL'mlKTLd as this is i)ftcn
thc only birthday card Ihcy rLCClVC. We also sent Christmas cards lo cveryone and we distribute our quarterly
newslellcrs to all our mctnber&> lo ensure they arc kcpt informcd and lo kccp thcm connecied lo our coininunity.
Cultural Events and Celebration5
30th Annlversary Celcbratlons:
His Ex¢Lllcncy Ambas8ador Marlin Fraser and his wife Deirdre graciou8ly wclconied us tu the Irish F,Inba8sy tu
celebrate the 301h annivL'rsury of ihe Soulhwark Irish Pcn8ioncrs Projcct this past Oclobcr. Thc Embassy's beautiful
receplion ri)onis provided a filtingy aiid elcgant biiLkdrop for an cvLning that honourcd thrcc dccadc8 of dcdication,
friendship, and cummunily spiril. GIic8t8 inLludcd staff, longF_Standingy ￿>upporterS, LIS WCII a% mL'nibcr% &ind voluntccrs
who havc bccn with us siiice our vcry fir8t duys. Many of those presenl had helped shape IhL PrujLLt into thL wurrn <ind
vibrant comniunity il is today, and il deeply moviiigy to see iheni reunitcd in siich an iinporlanl selling.
The atrn05phere wa4 one of genuine celcbration and pridc. Thc Amba8%udor %pokc warmly about the signilicant
contribution that IhL Project has made lo Ihc live.% of oldcr Irish pLoplc in Soulliwark (Ind acro%8 London. I li% word8
acknowlcd8cd not only the praclical 8upport offei'ed over the years, but the sense of belongying and Lullural LonnL'Lli()n
that rLniainy at the hcarl ol. ()ur w()rk. HL paid tribule lo the slrengyih and resilience of oui. member5-many of whom
travelled to London a8 young L'migyrants- and rccogniqcd thc uniquc rolc thc Projccl play8 in ensiiring their slories,
Iradilions, and expLriLnLe&+ continue to bc valued and hcard.
Throughnut thc evening. gucsts Sharcd memories of early coinmittee meetings held in borrowed conimunity rooms,
draising events organis¢d with delerminalion and g(x)d humour. and Ihc 8tcady expansioii of 8erviccs made
possible Ihrough th¢ commitinenl of countlcss volunteers. Thcrc wa.s a strong bcn8c of continuity, Wlth ncwcr
suppoi'ters proudly joining in the celebration of those who laid the foundation for our work.
We are fortunate to ¢njoy siich langiblc 8upport from thc cmbag8y of Ircland and thc govcrnmcnt of Ircland. It is not
just financial, but also the cncoiiragcmLnt they provide lo our staff, volunteers and meinbers is vital. This cvent helpcd
to ci'¢ate a memorable occasion that honoured the past while looking confidently toward the future. The reception at
the Irish Einbassy was not only a celebration of thirty remarkable years, but a reminder of the enduring spirit of
comniunity that continues lo sustain the Southwark Irish Pensioners Project today.
Celebrations for Christmas and St Patricks day at Mlllwall:
Our Christinas and St Pati'ick's Day celebralions were held in the Executiv¢ Suite in Millwall FC, where the Millwall
staff lake such good care of our members - over 180 members. their car¢rs, families and friends thoroughly enjoyed
both events.
Page 4

SOUTHWARK IRISH PENSIONERS PROJECT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
FINANCIAL REVIEW
Flnanclal positlon
We the Trustees, are satisfied with the performance of the charity for the year under review. Our policy regarding
reserves is to maintain theill at a level that will meet all current expenditure commitments for 6 months including
redundancy payments in the unlikely event that, through loss of funding, we are forced to close.
The Trustees remain confident that, whilst Tecognising the economic uncertainty, the Charity remains optimistic that
it can continue to maintain and grow ils services to meet the demand for services required by our core client base in
the coming financial year.
However, w¢ remain concerned thal our reserves are depleting and our costs increasing. We note the effect of
p¢rsistently high infl&tion, we note thal our members require Inoi'e and more care and intervention as they age and
bwome morc fragilL'. Wc kiiow thdt due to the gyr¢dl agc of ()ur Inembers. thcy will unfortLinately not be around
forevLr. WL cxpect that thL Lhdrity may not cxi.sl in ils current forin in ten years timL. The ncxl five years arc crucial
so that we Can s¢cui'c our short to medium tcrm tuturc. and guarantcc that wc can serv¢ our mcmbci-s with the diginily
and respect that Ihcy dLqcrvc.
Prln¢lpal funding sources
Th¢ Trustees are dc¢ply grateful lor IhL financial 8upporl from all our donor8. ¢haritie5 and Irugls that provide
financial support as wcll us thc individuals who provid¢ valuablL pro-Ix)no advicc and consultdncy.
n parliLular. we are incredibly &Prale￿I to thc Irish Government for their continu¢d support through the Emigyrant
Supp()rl Progiramnie. adininistered by thc DLparlmcnl ol. Forcign AtTairs and in the ycar ¢n(Icd 31 March 2025 Ihcy
provided a granl ol. £175.000 that was di5biir5L￿ to Ihc charity on 9th Augu8t 2024. This gyriint ¢ovcr8 the periiKI 1st
July 2024 to 30th Junc 2025. Thc grant hds been spcnt for thL purpoycy ypccificd. The amoiint LulLul&ltcd in rcspecl of
Ihe period April to Junc 2025 for £ 43,750 will be spL'nt in the next financial ycar 8nd so has not bcLn rccordcd as
incoinc lor thc y¢ar ¢nd¢d 31 March 2025 bul is carried forward as deferred inLom¢ on thc balance sheet
Our grutLful thanks lo Southwark Council for thcir unliring siipporl for thc Project ovcr many yLar8 aiid who providLd
finanLial support lowards our community outrLuch 8crvicc.
We are also very gratcful lo thc Nati()nal Lottery for thcir support of our Hclping I landslvolunteer SLhL'mc.
GolnL) coneern
ThL Board Lonsiders that the Charily ha8 adequate resourccs and 8uificienl sourc¢% of funds availltble for thc
foresccable future. Thercfore, the Board bclicvc that il is apprupriatc for this reason to Lontinu¢ ti) adopt the goin
concern basi8 in prcpai'ing the finanLial 5tut¢ment5 for thc ycar ¢nd￿ 31 March 2025.
FUTURE PLANS
We will continue to provide an cffcctive day service and a responsive community support scrvicc lo our client5.
are graleful to City Bridgc Foundiltion for a grant to dLVL'lop a nc'w adviLc 8crvicc which as well as providing in house
se8sions and oiitrLach advicL visits, will work towards achieving dn AQS foi. thL ,%crvice.
Page 5

SOUTHWARK IRISH PENSIONERS PROJECT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Structure, Governancs and Management
The charity is controll¢d by its governing document, a deed of trust, and constitutes a liij)ited company, limited by
guarantee. as defined by the Coinpanies Act 2006. Southwark Irish Pensioners, Project is a company liinited by
guarantee, is not for profit and does not have a capital divided into shares. The company is governed by its
Memoranduin and Articles of Associalion dated 28 January 2000. The company is a registered charity.
Membership is open to those who fulfil the agreed membership criteria in force at the time. Tlie Trustees, who are also
the Directors for the purpose of Company Law, and who sits on the management committee all served during the year
were..
K Doyle - Joint Chair (appointed 25103125)
M Donnelly- Joint Chair (appointed 25103125)
H O'connor - Treasurer
M Moyle - Company S¢cr¢tary
H Mi)rrin
E Manson (appointed 13111124)
K Crawford (appointcd 13111124)
A Sw¢ency (uppoint¢d 13111124)
J Rice (Chair - resi&pned 25103125)
M O'connell - Meinbcrship SLLI'etary (resigned 03110124)
V Quinn (rcsigncd 03110124}
Reerultment and lppolntment ()f new trustees
The Tru51ees of Southwark li'i%h PLnsioners' Project are appointed lo office under Ihc provisions of thc Article8 of
Association. We are scckiii¥ Ii) rcLI'uil new Trustees froin our mcmbership lo ensure that, as our Arliclc4 %latc. wc will
alway8 have a minimum ()f 3 MC, members who arc mcmbcrs of thc Projccl $0 cn8uringy the ethos ofsipp will rcm&lln.
Organisation
The Board uf Trustees supervi8e8 the Lharity. The Board meets TegFularly gFenerally bi-monthly and at oiher tiines il. an
urgent decision is reqiiired. Our LxpLricnLed managier oversee% staff and the day-lo-day runnin&y of thc charily. Shc ha8
delegated auihoi'ily, within tLrni8 of deleby<ition approved by Ihe Tru8lcc8, toi. oper￿tIonal mdllers inLluding finanLC.
cmployrncnl and thc dL'vclopmLnt of the Project.
Truslee Training
We continue to attend training lo cnsurc we are aware of existingy and new legFislalion. Wc usc thc scrviccs of our I IR
and Lcgal Adviscr8 to cn8uI'e WL aLI legally al all tiine8. Our mcinlKrsliip ol. the NC'VO &yives us UCCLSS t() il'5 Truglcc
information including a bro¢id ypectruin of. Iraining opportiinitiC8 and scminars plus a variely of inforination shcL'ts
and oth¢r public<ltivns which we niakc good USL of. including wLbinars in Charily Law, CJDPR and Employm¢nt Law.
Key mang%em¢nt remuneratl(bn
Nonc ol. thc Tru8tCLS are paid a salary or reimbursed expcnses. All services rendered are voluntary.
Rel8¢ed parties
Thcrc wcrc no rclatcd party transactions for the year under review.
Risk management
Thc Irustce5 have a duty to id¢ntify and review the risk8 to which the charity is exposed and to ensure appropriat¢
controls are in place to provide reasonablc assurdnce against fraud and error.
Risk management is an important agenda item at Management Committee meetings. Our risk managwient regist¢r is
maintained and updated regularly. Identified risks and the proccdurcs for ininimising those risks are in place and are
r¢vi¢wed quarterly to ensure they conlinue to meet the specific needs of the charity. Trustees review policies and
procedures on a rolling progi'amme.
Page 6

)l.'N%l()Nl.
IJ
RLPOR-I. 01. I'FI I.:
I."OR 'I'I IE YLA
31 S'I- MARC FI 2025
TRUSTEES, RESPONSIBILITY STATEMENT
ThL IruslLes lil.ho arL al%0 ilie (lir¢cl()I's of Souihivark lyish l)ensioners ProjeLL foi. piirpDsL's ol" coii)piiny laiv} are
resi)onsible lor ple￿IrIng rhe Report ofihl Irusi¥es aiid the lincinLldl slatLm¢nls in llcL()rdancc w'iih &ppliLabl¢ laii, an(1
UiiilLd Kiiigdoill ALLI)Iiiiling Staiidiircls IUnilLd Kiiigdoni ￿.￿erallY Ac¢eplLd AcLoiiniiiig l)ractiLLI incliidiiig
F iiiaiiciul Reponiiig SLand<U'd 102 Ilie finanLi1< l Rep(Iriiiigi %taiidiird applicalJlL in IhL IIK Iiiid RLpiibliL ol. IrL'land"
Cniiipan), lllii. re(ILiifLS ihe Iiwslees lo prL'pllre finiinLinl Slalcthenls foi. eacli fl11<lncial s'ear ¥i'hich give £1 IrtlL anil liiir
vi¢ii of Il)L slalL of anairs ol. Il)L LhiiriliiblL L()mpiii)J' &i)d ul. Ilk, incoining irs()IircL's and appliLaiion i)f r￿ul¢e￿.
iiicliicling ilie iliLom¥ lind LXP¥I)dilurL, of ibK' cl)aritablL eompL2ny lor Ihat tLiiod. Iii prepai'iiig Iliov* finaiicilll
slaL'niLnls. IhL trusiLLS If¥. f¥'(ILiired lo
SL'ILLI siiiloblc u¢iM)iiiitiiig NIliLIL5 ￿n(l IliLII 4ippl>' tIILllI wiisisl¥iiily'
()l).%LrvL Lhi IIILihoLls aiicl priiiLipIL% ii) Il)L Chi1Yily %()RP-
Pli'P¢il'¥ Illi linaiiLial SiiiieiiiLiil% oil Ili¥ goiiw ci)ncL'liI Msis Linles% it 1% inuppY(11)riillL. lo pr¥51111)¢ Ihul IliL ¥hiiiitsil)IL
'hL InisliL'% aiL' Ii'sfA)118iblL f()I' kLLping prorKr Ji¢oiiiiling IL'L(IrLIs ivhiLh (IisLIcisL' Ivill) ]i'KisuiioblL QLIIITrI¥y al uli>
i?pri)vcd l)). or(ILr i?I'IliL IxiarLI ()l-Irii¥l¢L'.% 011 10th DccLmbcr 2Q25 Iiiid %iyJnLJ L)It 115 IK'liiili' hy..

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
SOUI'HWARK IRISH PENSIONERS PROJECT
Independent examiner'$ report to the trustees of Southwark Irlsh Pensioners Projeet ('the Company,)
I report lo the charity trustees on my exainination of the accounts of the Company for the year ended 3 1st March 2025.
Responsibilities and bas1$ of report
As the charity's trustees of the Company (and also ils directors for the purposes of company law) you are responsible
for the prq)aration of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independent examination, I report in respect of my examination of your chariigs accounts as
carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have
followed the Directions given by the Charity Cominission under Section 145(5) (b) of the 201 l Act.
Independent examiner's statement
Since your charit￿9 gross income exceeded £250,000 your examiner must be a member of a listed IxKly. I can confirm
that l am qualifi¢d lo undertake the examination because l am a m¢mber of the Associalion of Chartered Certified
Accountants, which is one of the listed EM)dies.
I have complelcd my examination. I confirm that no matters have come to my attention in conneclion wilh ¢hc
examination giving me cause to believe:
accounting records werc not kcyt in respect of th¢ Company as rcquircd by ScLtion 386 vf the 2006 Act. or
the account￿Tr do nol acci)rd wilh those rccords- or
thc accounts do not comply with thc acLuunting rcquir¢m¢nts of Section 396 of the 2006 Act other than any
rLquirc'menl that the account.s givL a true and fair view which is not a niattcr con8idcrcd a8 purl of an
independent cxamination. or
Ihe accoun18 have not IxLn prepared in accordtince wilh the methods and principleb of the Stalemenl of
Recommcndcd Praclicc foi. dccounting and reporting by charitics (appliLable to charilies preparing thcir
account.s in accordancc with the Financial Reporling Standard applicdble in the UK and Republic of ircl&ind
(FRS 102)).
I havc no concerns and hllve comc acrobs no oiher mattLrs in connection with Ihc examination to which attention
¥huuld be drawn in this report in ordcr to enable a pr()PLr underslanding of'thc accounts to bc reaLhed.
Ebcn67.er Okai BSC, FCCA
Leroy Rcid & Co
CharlerL.d L¢rtified
AL¢ountants
299 NorthtrK)roiigh Road
Norbury
London
SW164TR
Dat¢.. ...
Page 8

SOUTHWARK IRISH PENSIONERS PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestrlcted Restricted
fund
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and Icgaiies
29,306
29,306
25,440
Charitable aetivities
B¢n¢volent Socicty of St Patrick
Irish Department of Forcign Affairs
Members fee and Millwall ticket sale
The National tA)tlcry.' Community Fund
LB Southwark
15,000
168,932
15,000
168,932
9,732
86,073
30,000
15,000
148,018
20,069
83,536
81,500
9,732
86,073
30.000
Other trading activities
InvestmcDt in¢omL
13,574
1,329
13.574
,329
14,156
1,277
Total
53,941
300,005
353,946
388.996
EXPENDITURE ON
Charlloble 4ctivltles
Mcmbcrs fee and Millwall ticket sale
118,642
284.586
373,228
398,018
NF,T INC.OM F,I(F,XPENDITURE)
(34,701)
15,419
(19.282)
(9,022)
RECONCILIATION OF FUNDS
Total fiind8 brought furward
125,179
32,605
157.7R4
166,806
TOTAL FUNDS CARRIED FORWARD
90,478
48,024
138,502
157,784
The notes form part of these financial statements
Page 9

SOUTHWARK IRISH PENSIONERS PROJECT
REGISTERED NUMBER: 03915939
STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025
2025
2024
Notes
FIXED ASSETS
Tangible assets
353
725
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
1,263
227,978
3,186
240,739
229,241
243,925
CREDITORS
Amounts falling due within one year
13
{91,092)
(86,866)
NET CURRENT ASSETS
138,149
157,059
TOTAL ASSETS LFSS CURRENT
LIABILITIES
138,502
157,784
NET ASSETS
138,502
157,784
FUNDS
lJnrestriLted funds
Restricted funds
15
110,478
48,024
125,179
32,605
TOTAL FULYDS
138,502
157,784
Thc ¢harildble coinpany 1% cnlitled lo exemplion from audit undcr Section 477 of the Cuinpdnics ALt 2006 for thc ycar
ended .1 1st March 2025.
Thc Incmbcrs have not requircd thL' Lompany to obiain an audit of its financial statcmenls for the year ended
318t MurLlI 2025 in accordanc¢ with S¢¢tion 476 0l.ihc Companies ALI 2006.
The trustees acknowlcdge their rcsponsibilitiC8 for
(a)
en8urin8 thal the charitablL LOliiP41ny keeps accounting i'ecords that comply with Sections 386 and 387 of the
Coinpanies Acl 2006 and
prepdring financial statement.s which give a truc and fair view of the ¥+tate of affairs of thL charitablc compsiny
as al ihc cnd of ¢ach financial yciir and of it¥ surplus or deficil for each financial year in accordance with the
requircm¢nts of Scclion$ 394 and 395 and which olhcrwisc comply with thc rcquircmcnls of the Conipanies
ALI 2006 relating tv fin4incial statemen15, 50 far as appliL<ible to the charitdbl¢ company.
(b)
The notes form part of these financial statements
Pag¢ 10
continu¢d..

1131Jl il).19
These financial StI￿eMents hhv¢ been ptrpftred in accord1￿¢¢ iyith ihe provisions applicable to charithble LX)mpanies
subject lo the small CoMp￿]IeS regime.
The fii)ancial statements ivcrc approved by the Board of Trustecs and 8uthorised for issue
10th D¢cember 2025 wid were signed on its behalf by:
on
'rhe IK)les fonii parL ol, thLse liiianciul ylai¢menls
PllgL' I I

SOUTHWARK IIUSH PENSIONERS PROJECT
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST MARCH 2025
2025
2024
Notes
Cash flows from operating activities
Cash generated from operations
17
(13,643)
6,032
Net cash (used in)/provided by operating activities
(13.643)
6,032
Cgsh flows from investlng actlTrltles
PurLhase of tangiblc fixcd assets
Sale of tangiblc fixed assets
Inter￿t received
(447)
1,.129
1,277
Net cash provided by investing activities
882
,278
Change In cash And cash equivalents In
the reporting period
Cash and eash equlvYdlent5 Ht the
beginning of the reportlng perlod
(12,761)
7,310
240,739
233.429
Cgsh and cash equivalents 4t the end of
the reporting period
227,978
240,739
The notes form part of these financial statement5
Page 12

SOUTHWARK IRISH PENSIONERS PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STA TEMENTS
The financial stateinents of the charitable company, which is a public benefit et)tity under FRS 102. have been
prcpdred in accordance wtth the Charities SORP (FRS 102) 'Accounling and Reporting by Charilies.. Statement
of Recommended Practice applicable to charities pr¢paring their accounts in dcLorddnc¢ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeLlive l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Compani¢s Act 2006. The financial stateinents have been prepared under the historical cost
convention.
INCOME
All incoine is recognised in the StatcinLnt of Financial Activities once the charity has entitlement to the ￿nds.
it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilitic% arL' rLLognised as expcnditur¢ as soon as there is a Icgal or constructive obligation committing the
charity to that expendilurc, il is probable that a ti'ansfer of cconomiL bcn¢fil8 will be rcquircd in settlement and
thL 41mounl of the obligation Lan be ineasured rcliably. ExpL'nditurL' is (iccounlLd for on an accruals basis and
has been cla4sificd undci- headings thal aggrcgatc all cost related to the Llltegory. Where costs cannol bc
direclly attributcd to particular hcadings thLy hav¢ been allocated lo activities on a basis Lonsistent with th¢ us¢
ofrc80ufLL5.
TANGIBLE FIXED ASSETS
Deprecialion is pi'ovidld at the following annual r4ltcs in order to wi'ite off edLh a%sLI ovci. it&4 Lslimalcd use￿1
life.
CompulLr equipment
25D/o ()n cust
TAXATION
The charity 18 cxcmpt frum corporalion tax on il% charitublc aLtivities.
FUND ACCOUNTING
Uni'istricted ￿ndS can be used in accordance with Ihe charilablL ohjLclivcs al the discretion ot. Ihe trustees.
Restricted fund8 can only be used for particular rL'5tricted purpos¢s within th¢ objeLt5 of the cliarily.
Reslriclions drisc when specified by the donor or when funds are raised for particular restri¢t¢d purp(Y•¢S.
Furihcr explanation of the natur¢ and purpose ol'each lund is inLludcd in thc notcs to thc financial stateinents.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
Thc charitable company opcratC¥ il defined Lonlribiition pcn%ion schcme. Contributions payable to the
charitable company's pcnsion bcheme are chargcd lo IhL Sldtcm¢nl of Financial A¢tivitiLs in Ihe pcrii)d lo
which they rclatL.
GOING CONCERN
Managjeinent acknowlcdges that unccrtainly rcinains i)vcr the ￿ndIng availability, however, managcmLnt has a
reasonabl¢ expectation that thc Southwiirk Irish Pensioners Projecl ha5 adequate resources to continue in
operational existence lor the foreseeable futui'e.
Page 13
continued...

SOUTHWARK IRISH PENSIONERS PROJECT
NOTES TO THE FINANCIAL STA TEMENTS - contfinued
FOR THE YEAR ENDED 31ST MARCH 2025
DONATIONS AND LEGACJES
2025
Totydl
funds
2024
Total
funds
Unrestrieted
funds
Restricted
funds
Donations
29,306
29,306
25,440
OTHER TRADING ACTIVITIES
2025
TotAI
funds
2024
Total
funds
Unrestrlcted
funds
Restrieted
funds
Fundraising events
13.574
13,574
14,156
INVESTMENT INCOME
2025
Total
funds
2024
TDtal
funds
Unrestrlcted
funds
Restricted
funds
Deposit account interest
1,329
1,329
1,277
INCOME FROM CHARITABLE ACTIVITIES
Irisli
Depllrtment
of
ForelRn
Affairs
Meinbers
fee wnd
Benevolent
Soclety
ofst
Pydtrick
tlcket
sale
Fcc8 rLYeived from uLtivilies
London Borough uf Soulhwark
Dept of Forcign Affairs and Trade..
F.migranl Support
Bcnevolcnt Society of St Patrick
M¢mb¢r fees
London Community Fund
5,575
168,932
15,000
4.157
15,000
168,932
2025
2024
The
National
Lottery:
Communlty
Fund
LB
Southivark
Total
activitles
Total
ctivilies
Fees receivcd froni activiti¢s
London Borough of Southwark
Dept of Foreign Affairs and Trade:
Emigrant Support
Benevolent Society of Sl Patrick
5,575
30.000
15.323
81,500
30,000
168.932
15,000
148,018
15,000
Carried forward
30.000
219,507
259.841
Page 14
continued...

SOUTHW ARK IRISH PENSIONERS PROJECT
NOTES TO THE FINANCIAL STATEMENTS - eontlnued
FOR THE YEAR ENDED 31ST MARCH 2025
INCOME FROM CHARITABLE ACTIVITIES - continued
2025
2024
The
N&tional
Lottery:
Community
Fund
LB
Southwark
Total
Aetivilie5
Total
aclivities
Brought forward
Member fees
London Coinmunity Fund
30,000
219,507
4,157
86.073
259.841
4,746
83,536
86,073
86.073
30,000
309,737
348,123
CHARITABLE ACTIVITIES COSTS
Dlreet
Costs (see
nthte 7)
Members fee and Millwall ticket sale
373.228
DIRECT CUSTS OF CHARITABLE ACTIVITIES
2025
2024
Strdff co￿>tS
Rales and walcr
Li&Thi and hcat
Prinling,po.%ldgL, stationery and Iclcphonc
R¢cruilmcnl expenses
Social a¢tivities, ¢la8sc8 & outings
Community team tclcphune expenses
Buildingv maintcndnce, cleaning
Communily tcam trdvel and other cxpcn8CS
In%urancc
Equipment rental
IT support & software
Bank chargcs
Voluntccr cxpenses
Rent & rates
DBS. subscription & training
Legal and pi'ofe55ional fee.s
PaiToII & Accountancy fccs
Independent Examinors Fee
Benevolent Society expenses
Depreciation
262,461
544
2,984
5,288
559
37,448
2,588
3,664
282
1,982
808
5,098
733
3,569
13,022
1,642
9,029
4,056
3,800
l 2,852
819
275,372
546
3,079
4,1490
43,733
1,390
4,600
1,413
1,994
602
5,406
864
1,846
10,354
5,[413
6.041
4,385
3,800
17.514
4,376
373,228
398,018
Page 15
continued...

SOUTHW ARK IRISH PENSIONERS PROJECT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST MARCH 2025
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after charging/(crediting)'.
2025
2024
Depreciation - owned assets
819
4.376
TRUSTEESI REMUNERATION AND BENEFITS
There wcrc nu trustees, remuneration or other benefits for thc year ended 3 1st March 2025 nor for th¢ y¢ar
ndcd 315t March 2024.
TRUSTEES, EXPENSES
There were no trutritcc￿1, expenses paid for thc yur ended 31st March 2025 nor for the year eT]ded
3 1st March 2024.
io.
STAFF COSTS
2025
2024
Wa&Fes and salaries
Social sccurity Losts
Othcr pcnsion costs
244,411
16,1111
1,932
254,941
17,949
2,482
262,461
275,372
The averag¢ monthly nuinbcr of cmployees duringy the year was as follows:
2025
2024
Direct Service8
No employees received cmoluincnts in excess of£60.000,
Page 16
continued...

SOUTHWARK IRISH PENSIONERS PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
TANGIBLE FIXED ASSETS
Computer
equipment
COST
At I st April 2024
Additions
11,944
447
At 31st March 2025
12.391
DEPRECIATION
At I st April 2024
Charge for year
11,219
819
At 3 1st March 2025
12.038
NET BOOK VALUE
At 3 1st MarLh 2025
353
At 3 Ist March 2024
725
12.
DEBTORS: AMOUNTS FALLING DUE wi'fHIN ONE YEAR
202S
2024
PrLpa￿Lc￿tS
1,263
3.186
13.
CREDITORS: AMOUNTS FALLJNG DUE WITHIN ONE YEAR
2025
2024
Tradc crcditur5
SoLial sLcurily and other taxes
NaiWe5t OneLord
Dcferred incorne
Accrued expcn.8cs
302
5,105
1,830
80,055
3,ROO
848
5,592
3,098
72,928
4,400
91,092
86,1166
14.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2025
Total
fund5
2024
Total
funds
Unrcstrlcted
rund
Restrlcted
fund
Fixed assels
Current assets
Current liabilities
353
181 ?17
(91.092)
353
229,241
191,092)
725
243.925
(86,866)
48,024
90.478
48.024
138,502
157,784
Page 17
continued...

SOUTHWARK IRISH PENSIONERS PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025
15.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.25
At 1,4.24
Unrestrleted funds
General fijnd
125,179
(34,701)
90,478
Restrleted funds
Restricted fund
32.605
15,419
48,024
TOTAL FUNDS
157,784
(19,282)
138,502
Nct movement in funds, included in the abov¢ are as follows.,
Ineomlng
resources
Resources
expended
Movement
In funds
Unrestrlcted funds
General fund
53,941
{88,642)
(34,701)
Restrlcted funds
RL'tr>tl"ILled fund
300,005
(284,586)
15,419
TOTAL FUND&4
353,946
{37.1,22X)
{19,2142)
Compfdfydtlves for movement in funds
Net
movement
In funds
At
31.3.24
At 1.4.23
Unrestrlcted funds
GLnLr81 fund
139,657
(14,478)
125,179
Restrlcted fund%
Restrictcd fund
27,149
5,456
32,605
TOTAL FUIYDS
166,806
(9,022)
157,784
Page 18
continued..

SOUTHWARK IIUSH PENSIONERS PROJECT
IYOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2025
15.
MOVEMENT IN FUNDS - continued
Comparative net movcment in funds, includcd in the above are a.8 follows..
Incomlng
resources
Resourees
expcnded
Movement
in funds
Unrestrlcted funds
Gcncral fund
60,942
(75,420)
{14,478)
Restricted funds
Reslricl¢d ￿nd
328.054
(322,598)
5,456
TOTAL FUNDS
388,996
1398,0181
(9.022)
16.
RELATED PARTY DISCLOSURFS
Thcr¢ w¢r¢ no related party transactions for th¢ year ¢nded 31 sl March 2025.
17.
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2025
2024
Net ¢xpendlture for the reporllng period (as per the Statement of
rinanclal 8Ctlvitles)
Adjustments for:
Depr¢¢i(Ition chaLgFes
Inlertyit received
rjecrease in debtor8
Increasc in creditors
(19,282)
(9,022)
819
(1,329)
4,376
(1,277)
9.840
2.115
4.226
Net cash (used in)Iprovlded by operatlons
(13,643)
6,032
18.
ANALYSIS OF CHAfsGES IN IYET FUNDS
At 1.4.24
CAsh flow
At 31.3.25
Net cash
Cash at bank and in hdnd
240,739
(12,761)
227,978
240,739
(12,761)
227.978
Total
240.739
(12,761)
227,978
Page 19
continued..

SOUTHWARK IRISH PENSIONERS PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR EIYDED 31ST MARCH 2025
19.
DESIGNATED FUNDS
The income ￿ndS of the charity include the following designated fundg which have been set aside out of
unrestricted funds by the trustees for specific purposes..
Movem¢nt in Fund
Incoming
Resources
resources
expanded
Balan¢¢ at I
April 2024
Balance at 31
March 2025
Contingency fund
Remembr&nc¢ fund
124,179
1,000
53,941
(88,642)
89,478
1,000
125,179
53,941
(88,642)
90,478
Page 20

SOUTHWARK IRISH PENSIONERS PROJECT
DET AILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
INCOME AND ENDOWMENTS
Donatlons and legacies
Donations
29,306
29,306
25,440
Other tradlng actlvltles
Fundraising￿ cventS
13,574
13.574
14,156
IDvestmeDt income
Dcposit account interest
1,329
,329
1,277
ChArltable aetlvitles
ees rcccivcd from activitie5
London Borough of Southwark
Dept of Foreign Atlairs and Tradc.. Eimi¥rant
Suppoi'l
Bencvolcnt So¢i¢ty of St Patrick
Mcmb¢r fcLy
London Community Pund
5,575
5,575
30,000
15,323
81.500
30.000
168,932
15,QOO
168,932
15.000
4,157
86,073
148,018
15.000
4.746
113.536
4,157
86,073
9,732
300,005
309.737
348,123
Total Incomlng resourees
53,941
300,005
353,946
388,996
FXPENDITURE
Charltable Aetivitie$
244,411
16,118
1,932
244,411
16,118
1,932
544
2,9R4
5,288
559
37,448
2,588
3,664
282
1,982
1108
5,098
733
3,569
13,022
1,642
342,672
254,941
17,949
2,482
546
3,079
4,890
Social security
Pensions
Rales and water
Light and heat
Prinling',postage, stationery and tclcphone
Recruitment ¢xpensc8
Social aclivilics, clasyes & outings
Community team telephone expenscs
Building maintenancc, clcaning
Coinmunity teain IravLI Éind other expenses
Insurancc
Equipmint rental
IT support & software
Bank chai'gc8
Voluntccr expenses
Rent & rates
DBS, subscription & training
Carried forward
544
2,984
5,288
559
32,371
2,338
5,077
250
3,664
282
43,733
1.390
4,600
1,413
1,994
602
5,406
864
,846
10.354
5,813
361,902
,982
808
5,098
733
3.569
13.022
1,642
70,938
271,734
This page does not form part of the slatutory financial statements
Page21

SOUTHWARK IRISH PENSIONERS PROJECT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR E]YDED 31ST MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Charltable aetlvltles
Brought forward
Lcgal and professional fees
Payroll & Accountancy fees
Independent Examiners Fee
Bcnevolent Sociely expcnscs
Depreciation of tangible fixed assets
70,938
9,029
4,056
3,800
271,734
342,672
9,029
4,056
3,800
12,852
819
361,902
6,041
4,385
3,800
17,514
4.376
12,852
819
88,642
284,586
373,228
398,018
Tolal resources expended
88,642
284,586
373,228
398,018
Net (expendlture)Iln¢ome
(34,701)
15,419
(19,282)
(9,022)
This page does not form part of the statutory financial statements
Page 22

SOUTHW ARK IRISH PENSIONERS PROJECT
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
Page
Referenee and ¥ddmlnlstratlve details
Report of the trustees
Independent examiner's reporl
Statement of tlnanclal actlvltles
Stalement of financlal positlon
Statement of eash flows
12
Note$ to the tlnanclal statements
13 to 20
Detalled Statement of flnanclal aetlvltles
21 to 22