**Registered number: 08451766 Charity number: 1107645**
# **SANDWELL IRISH COMMUNITY ASSOCIATION**
# **(A company limited by guarantee)**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Company, its Trustees and advisers**|1|
|**Trustees' report**|2 - 6|
|**Trustees' responsibilities statement**|7|
|**Independent examiner's report**|8|
|**Statement of financial activities**|9|
|**Balance sheet**|10 - 11|
|**Notes to the financial statements**|12 - 24|
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025**
## **Trustees**
Kerry Flood Stephen Simcox Luke Cotterill Ian Cotterill Tia Hazel Chana Nicholas Bate
## **Company registered number**
08451766
## **Charity registered number**
1107645
## **Registered office**
Langley Park Lodge 34 Langley High Street Oldbury B69 4SN
## **Chief executive officer**
Chris Flood
## **Accountant**
JMS Accountants Ltd 172 Lawnswood Road Stourbridge DY8 5LW
## **Bankers**
Metro Bank One Southampton Row London WC1B 5HA
Page 1
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees present their annual report together with the financial statements of the Sandwell Irish Community Association for the year 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective January 2015).
Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## **Foreword**
As we mark 23 years of dedicated service to our local community, I reflect with gratitude on the organisation’s journey—and my own. This will be my final report as CEO, a role that has been an integral part of my life for nearly 15 years. When I first became involved in 1999, I could never have imagined the journey that lay ahead.
Over the years, I’ve had the privilege of meeting and working alongside countless people from all backgrounds and walks of life. These encounters have enriched me deeply, revealing the common ground and shared humanity that connect us all. This journey has broadened my perspective, deepened my understanding, and helped me grow—both professionally and personally.
The experiences I’ve gained have enabled me to contribute to shaping the organisation into what it is today. We’ve seen highs and lows, as any long-standing organisation does. But we’ve weathered the storms, learned from challenges, and emerged stronger—developing new skills, capabilities, and partnerships while continuing to deliver vital services to our community.
Throughout these years of change, one constant has remained: the people we serve. Some interactions have been challenging, many have been joyful, but all have been meaningful. We've shared moments of sorrow and celebration—each one offering a lesson, a glimpse into another person’s world, and a reminder of the strength and resilience of the people of Sandwell. It has been my honour to serve you.
As I step down as CEO, I do so with a full heart and a deep sense of gratitude. With the blessing of the trustees and, God willing, I hope to continue contributing in some capacity and to see where the next chapter leads. If the past 25 years are any indication, I’m sure the future will be just as fulfilling and eventful. Thank you—for the trust, the support, and the opportunity to walk this path with you
Chris Flood.
Council monitoring overview
## **Centre Outcomes achieved: April 2024-March 2025**
- Centre available 7 days a week 9am – 10pm
- Total number of attendees for all services provided – 7624
- On-going local/user consultation / feedback or intelligence
- Number of Volunteers – 61
- Hours of volunteering time – 833
Services, activities and support available from other VCS partners and the council including general information and advice:
- Traveller support
Page 2
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
- SCVO
- Irish Passport support service
- Welfare rights support (signposting)
- Falls prevention service
## **We have achieved 5 of the Six Strategic SMBC expected Outcomes**
1. The best start in life for children and young people **v**
2. People live well and age well **v**
3. Strong, resilient communities **v**
4. A strong and Inclusive Economy **v**
5. A connected and accessible Sandwell **v**
## **Break down of volunteers worked/volunteering opportunities created:**
Community garden, Tuesday lunch club, physiotherapy students, events and planning, Christmas lights, day trip, summer club,
Sandwell Irish Community Association (SICA) Annual Report & Organisational Update Prepared by: Chris Flood (Executive Chair/CEO)
On behalf of the Trustees of the Sandwell Irish Community Association
## **Community Garden Project**
Our ongoing community garden project continues to flourish and is now developing into a year-round initiative. The project has created opportunities for individuals of all ages and abilities to participate and engage with this valuable green space.
We continue to work with Powered by CAN, a youth service working with young people on various schemes. Jigsaw a groups that supports neurodivergent individuals and Sandwell lions who are a charity which supports good causes. There are potential opportunities to integrate aspects of the Langley Concept within this partnership. We aim to involve local young people as volunteers and ambassadors, contributing to the consultation process and helping to deliver the project’s long-term vision.
## **Collaborative Working**
SICA remains committed to proactive collaboration and partnership development. We believe that networking and joint working enhance our collective knowledge, improve project outcomes, and allow us to share best practices with other community organisations.
By mentoring emerging groups and sharing our experience, we help them avoid common pitfalls, saving both time and resources.
## **Our current partnerships include** :
Black Country Mental Health Team, Jigsaw, Solvay, Sandwell Metropolitan Borough Council (SMBC), Sandwell Changes, Langley Traders, Powered by CAN, Canal & River Trust, Well Life (University of Worcester), Waterside Care, Friends of Langley Park, Sandwell Lions, Friends of Barnford Park, British Cycling, and Public Health.
Each partner contributes a unique perspective, helping to create a well-rounded approach to our community projects and the generation of innovative ideas.
## **Summary of Services and Impact**
## **Fall Prevention / Chair-Based Exercise**
Our fall prevention and chair-based exercise programme remains a cornerstone of SICA’s health and wellbeing work. We continue to collaborate with physiotherapy students from the University of Worcester as
Page 3
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
part of their professional development.
These sessions have proven invaluable in promoting health innovation, sharing good practice, and gathering community insights. Feedback from participants helps us refine services and inform other local health initiatives. This ongoing engagement provides a continuous feedback loop that supports future health programme development.
## **Tuesday Friendship Group**
This long-established group, running for over 30 years, faces challenges related to its ageing membership. While some members are resistant to change, we are exploring new ways to attract additional participants and refresh the group’s dynamic.
To support their continued viability, we have reduced room hire costs, enabling them to build funds for social activities such as summer outings and Christmas events. These measures are under ongoing review and discussion with the group.
## **Powered by Can Youth Groups**
The youth programme remains active and impactful. While the male mentoring group did not progress as planned, both the mixed youth group and the Young Ladies’ Empowerment Group are thriving. We are currently in discussions about a new collaboration linked to the Langley Concept, with more details to follow as this partnership develops.
## **Art Class (SAFL)**
SAFAL has been using Langley Lodge for over 20 years, offering much more than an art class. The group provides a creative outlet and safe space for individuals to socialise, share experiences, and support one another.
The diverse membership reflects the unifying power of art—it breaks down social barriers and fosters mutual understanding. Like many of our programmes, this initiative delivers vital, if sometimes intangible, mental health and wellbeing benefits.
## **Ukulele Class**
The Ukulele Class has gone from strength to strength, building confidence, friendship, and self-esteem among participants. Individuals who could not play a note a year ago are now performing in concerts.
This remarkable progress is largely due to the dedication and skill of our tutor, Pete Williams, who brings over 40 years of musical experience to his teaching. Beyond the music itself, this group—like many others at SICA—provides invaluable informal mental health support through shared joy and camaraderie.
## **Jigsaw Neurodivergent Support Group**
We are proud to support Jigsaw, an organisation that provides crucial assistance to neurodivergent individuals—many of whom might otherwise fall through the cracks of mainstream services.
When Jigsaw lost its previous premises, SICA provided immediate support by offering space at Langley Lodge. Initially, they paid rent, but following a loss of funding, we extended a rent-free period to help them regain stability. We are pleased to continue this partnership as they work to secure future funding.
## **General Support Services**
While demand for some services has dipped slightly, certain areas—such as Irish passport enquiries, Irish Traveller support, and benefits guidance—remain consistent.
We continue to provide signposting for housing and domestic abuse support. Traveller support, in particular, continues to be delivered at the pace and comfort of those we assist. As one young Traveller mother said, “It’s nice to know you’re about.”
Page 4
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
**(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
Informal conversations with residents in the local park often provide valuable insights into community sentiment, particularly around local issues such as cleanliness, anti-social behaviour, and petty crime. Sometimes, all that’s needed is a listening ear—and SICA is proud to provide that.
## **Performance**
SICA consistently meets—and often exceeds—our council performance measures. Despite ongoing organisational changes, we continue to deliver core services while exploring new initiatives.
We actively seek feedback and embrace constructive critique, recognising that adaptability is key to serving a changing community. Our nearly 30 years of experience have taught us to innovate cautiously—expanding our horizons while maintaining financial and operational stability.
Our guiding principle remains simple: “If we can’t help, we probably know someone who can.”
## **Future Plans**
Our future priorities include expanding and improving existing services while developing new initiatives based on community needs.
Upcoming projects will focus on biodiversity, environmental sustainability, and village enhancement. To support this growth, we plan to create a Development Officer post with outreach responsibilities. This role will strengthen our capacity to secure funding, coordinate projects, and maintain robust community engagement.
Our goal is continued improvement, innovation, and sustainable development for the benefit of all we serve.
## **Challenges and Opportunities**
Like many organisations, SICA faces challenges—primarily related to funding and staffing. While we are fortunate to have dedicated volunteers, the absence of a dedicated business development function limits our ability to maximise opportunities.
The planned Development Officer post will address this gap, focusing on fundraising, project delivery, and organisational outreach. Although this role requires investment, we believe it will generate long-term returns by strengthening our funding base and enhancing service delivery.
With over 25 years of experience, SICA remains resilient and adaptable. We firmly believe that “out of adversity comes opportunity.” From humble beginnings as an advocacy group to our current position as an internationally recognised community partner, our journey is a testament to perseverance, partnership, and progress.
## **Chris Flood Executive Chair / CEO For and on behalf of the Trustees of the Sandwell Irish Community Association**
## **Public Benefit**
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Going Concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the company has
Page 5
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **Financial Review**
Our income was £36,936 and our expenditure was £42,905. General unrestricted reserves are £20,810 and restricted funds are £2,130 so remain at an acceptable level.
## **Reserves Policy**
The company aims to hold general (unrestricted) reserves of 3 months running costs.
## **Structure, Governance and Management**
## **Constitution**
Sandwell Irish Community Association is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
## **Methods of appointment or election of Trustees**
Sandwell Irish Community Association is governed by a board of Trustees who are elected and co-opted under the terms of the Memorandum of Association.
The Board appoint a Chief Executive to help manage the organisation along with the strategic development of the company.
Approved by order of the members of the board of _________________________________________________ and signed on their behalf by: 16 December 2025
of the board of Trustees on
**Luke Cotterill** (Trustee)
**Stephen Simcox** (Trustee)
Page 6
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . 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 Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board _________________________________________________ 16 December 2025 and signed on its behalf by:
of the board of Trustees on
**Luke Cotterill** (Trustee)
**Stephen Simcox** (Trustee)
Page 7
## **SANDWELL IRISH COMMUNITY ASSOCIATION (A company limited by guarantee)**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **Independent examiner's report to the Trustees of Sandwell Irish Community Association ('the Company')**
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company 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
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 (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Melissa Smith
Dated:
CIMA dip MA, MAAT
172 Lawnswood Road, Stourbridge DY8 5LW
Page 8
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025**
|**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Other income
5
**Total income**
**Expenditure on:**
Charitable activities
6
**Total expenditure**
**Net (expenditure)/income**
Transfers between funds
15
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
**-**
**18,651**
**135**
**18,786**
**24,755**
**24,755**
**(5,969)**
**3,323**
**(2,646)**
**23,456**
**(2,646)**
**20,810**|**Restricted**
**funds**
**2025**
**£**
**-**
**18,150**
**-**
**18,150**
**18,150**
**18,150**
**-**
**(3,323)**
**(3,323)**
**5,453**
**(3,323)**
**2,130**|**Total**
**funds**
**2025**
**£**
**-**
**36,801**
**135**
**36,936**
**42,905**
**42,905**
**(5,969)**
**-**
**(5,969)**
**28,909**
**(5,969)**
**22,940**|_Total_
_funds_
_2024_
_£_
_150_
_62,018_
_-_|
|---|---|---|---|---|
|||||_62,168_|
|||||_47,041_|
|||||_47,041_|
|||||_15,127_
_-_|
|||||_15,127_|
|||||_13,782_
_15,127_|
|||||_28,909_|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 12 to 24 form part of these financial statements.
Page 9
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee) REGISTERED NUMBER: 08451766**
## **BALANCE SHEET AS AT 31 MARCH 2025**
|**Note**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one
year
12
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset**
**Total net assets**
**Charity funds**
Restricted funds
15
Unrestricted funds
15
**Total funds**|**437**
**21,492**
**21,929**
**(1,330)**|**2025**
**£**
**2,341**
**2,341**
**20,599**
**22,940**
**22,940**
**22,940**
**2,130**
**20,810**
**22,940**|_406_
_27,454_
_27,860_
_(1,585)_|_2024_
_£_
_2,634_|
|---|---|---|---|---|
|||||_2,634_
_26,275_|
|||||_28,909_|
|||||_28,909_|
||||||
|||||_28,909_|
|||||_5,453_
_23,456_|
||||||
|||||_28,909_|
Page 10
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
**(A company limited by guarantee) REGISTERED NUMBER: 08451766**
# **BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025**
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on _________________________________________________ and signed on their behalf by:
16 December 2025
**Luke Cotterill**
(Trustee)
**Stephen Simcox** (Trustee)
The notes on pages 12 to 24 form part of these financial statements.
Page 11
**SANDWELL IRISH COMMUNITY ASSOCIATION (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. General information**
The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association in March 2013.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Sandwell Irish Community Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
## **2.4 Tangible fixed assets and depreciation**
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Page 12
**SANDWELL IRISH COMMUNITY ASSOCIATION (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **2. Accounting policies (continued)**
## **2.4 Tangible fixed assets and depreciation (continued)**
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following basis:
- Fixtures and fittings 10% Straight Line
## **2.5 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.6 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.7 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## **2.8 Financial instruments**
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 13
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **2. Accounting policies (continued)**
## **2.9 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **3. Income from donations and legacies**
|**Unrestricted**
**funds**
**2025**
**£**
Donations
-
_Total 2024_
_150_|**Total**
**funds**
**2025**
**£**
**-**
_150_|_Total_
_funds_
_2024_
_£_
_150_|
|---|---|---|
||||
Page 14
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **4. Income from charitable activities**
|**Unrestricted**
**funds**
**2025**
**£**
Income from charitable activities - Sandwell
MBC
-
Income from charitable activities - Room hire
18,651
Income from charitable activities - The
Grimmitt Trust
-
Income from charitable activities - Cash for
Kids
-
Income from charitable activities - Sandwell
MBC
-
Income from charitable activities - The Henry
Smith Charity
-
Income from charitable activities - The
National Lottery Community Fund
-
Income from charitable activities - SCVO -
Warm Spaces
-
The British Triathlon
-
**Total 2025**
18,651
_Total 2024_
_14,840_|**Restricted**
**funds**
**2025**
**£**
16,650
-
-
1,500
-
-
-
-
-
18,150
_47,178_|**Total**
**funds**
**2025**
**£**
**16,650**
**18,651**
**-**
**1,500**
**-**
**-**
**-**
**-**
**-**
**36,801**
_62,018_|_Total_
_funds_
_2024_
_£_
_16,650_
_14,840_
_400_
_-_
_2,777_
_1,960_
_19,861_
_3,400_
_2,130_|
|---|---|---|---|
||||_62,018_|
|||||
## **5. Other incoming resources**
||**Unrestricted**|**Total**|_Total_|
|---|---|---|---|
||**funds**|**funds**|_funds_|
||**2025**|**2025**|_2024_|
||**£**|**£**|_£_|
|Other incoming resources|135|**135**|_-_|
Page 15
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **6. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|**Unrestricted**
**funds**
**2025**
**£**
Sandwell MBC - wages
-
Room hire
24,755
The Grimmitt Trust
-
Cash for Kids
-
The Henry Smith Charity
-
The National Lottery Community Fund
-
SCVO - Warm Spaces
-
24,755
_Total 2024_
_5,907_|**Restricted**
**funds**
**2025**
**£**
16,650
-
-
1,500
-
-
-
18,150
_41,134_|**Total**
**2025**
**£**
**16,650**
**24,755**
**-**
**1,500**
**-**
**-**
**-**
**42,905**
_47,041_|_Total_
_2024_
_£_
_16,650_
_6,200_
_400_
_-_
_1,500_
_19,861_
_2,430_|
|---|---|---|---|
||||_47,041_|
|||||
## **7. Analysis of expenditure by activities**
|Sandwell MBC - wages
Room hire
The Grimmitt Trust
Cash for Kids
The Henry Smith Charity
The National Lottery Community Fund
SCVO - Warm Spaces
_Total 2024_|**Activities**
**undertaken**
**directly**
**2025**
**£**
16,650
2,989
-
1,500
-
-
-
21,139
_20,665_|**Support**
**costs**
**2025**
**£**
-
21,766
-
-
-
-
-
21,766
_26,376_|**Total**
**funds**
**2025**
**£**
**16,650**
**24,755**
**-**
**1,500**
**-**
**-**
**-**
**42,905**
_47,041_|_Total_
_funds_
_2024_
_£_
_16,650_
_6,200_
_400_
_-_
_1,500_
_19,861_
_2,430_|
|---|---|---|---|---|
|||||_47,041_|
||||||
Page 16
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **7. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Wages and salaries
Events
Travelling
Facilitators
Volunteers travel & subsistence
Sundry expenses
Equipment
_Total 2024_
Wages and salaries
Events
Travelling
Facilitators
Volunteers travel & subsistence
Sundry expenses
Equipment
_Total 2024_|**Sandwell**
**MBC -**
**wages**
**2025**
**£**
16,650
-
-
-
-
-
-
16,650
_16,650_|**Room hire**
**2025**
**£**
502
804
419
609
525
3
127
2,989
_1,135_
**The**
**National**
**Lottery**
**Community**
**Fund**
**2025**
**£**
-
-
-
-
-
-
-
-
_80_|**The**
**Grimmitt**
**Trust**
**2025**
**£**
-
-
-
-
-
-
-
-
_400_
**SCVO -**
**Warm**
**Spaces**
**2025**
**£**
-
-
-
-
-
-
-
-
_900_|**Cash for**
**Kids**
**2025**
**£**
-
1,500
-
-
-
-
-
1,500
_-_
**Total**
**funds**
**2025**
**£**
**17,152**
**2,304**
**419**
**609**
**525**
**3**
**127**
**21,139**
_20,665_|**The Henry**
**Smith**
**Charity**
**2025**
**£**
-
-
-
-
-
-
-|
|---|---|---|---|---|---|
|||||||
||||||-|
|||||||
||||||_1,500_|
||||||_Total_
_funds_
_2024_
_£_
_17,190_
_2,495_
_-_
_980_
_-_
_-_
_-_|
||||||_20,665_|
|||||||
Page 17
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **7. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|Depreciation
Wages and salaries
Rent and rates
Electricity
Repairs and maintenance
Telephone
Equipment rental
Printing, postage, stationery
Lunches
Volunteers travel & subsistence
Cleaning
Water
Sundry expenses
Professional fees
Computers and software
Subscriptions
Insurance
Training
Refreshments
_Total 2024_|**Room hire**
**2025**
**£**
293
6,605
-
3,552
2,181
850
3,502
372
284
-
823
534
(40)
890
737
271
700
78
134
21,766
_5,065_|**The**
**National**
**Lottery**
**Community**
**Fund**
**2025**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
_19,781_|**SCVO -**
**Warm**
**Spaces**
**2025**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
_1,530_|**Total**
**funds**
**2025**
**£**
**293**
**6,605**
**-**
**3,552**
**2,181**
**850**
**3,502**
**372**
**284**
**-**
**823**
**534**
**(40)**
**890**
**737**
**271**
**700**
**78**
**134**
**21,766**
_26,376_|_Total_
_funds_
_2024_
_£_
_293_
_10,019_
_374_
_3,036_
_4,589_
_551_
_3,774_
_289_
_109_
_282_
_555_
_19_
_284_
_775_
_554_
_35_
_601_
_72_
_165_|
|---|---|---|---|---|---|
||||||_26,376_|
|||||||
Page 18
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **8. Independent examiner's remuneration**
||**2025**|_2024_|
|---|---|---|
||**£**|_£_|
|Fees payable to the Company's independent examiner for the independent|||
|examination of the Company's annual accounts|**750**|_675_|
|Fees payable to the Company's independent examiner in respect of:|||
|All other services not included above|**90**|_100_|
Page 19
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **9. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2024 - £680)_ .
During the year ended 31 March 2025, expenses totalling _£_ NIL were reimbursed or paid directly to Trustee _(2024 - £NIL to Trustee)_ .
## **10. Tangible fixed assets**
|**Cost or valuation**
At 1 April 2024
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025
_At 31 March 2024_|**Office**
**equipment**
**£**
**2,927**|
|---|---|
||**2,927**|
||**293**
**293**|
||**586**|
||**2,341**|
||_2,634_|
## **11. Debtors**
|**Due within one year**
Prepayments and accrued income|**2025**
**£**
**437**
**437**|_2024_
_£_
_406_|
|---|---|---|
||||
|||_406_|
Page 20
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **12. Creditors: Amounts falling due within one year**
|Other taxation and social security
Pension fund loan payable
Other creditors
Accruals and deferred income|**2025**
**£**
**369**
**(113)**
**234**
**840**
**1,330**|_2024_
_£_
_519_
_105_
_186_
_775_|
|---|---|---|
||||
|||_1,585_|
## **13. Operating Lease Commitments**
Annual commitments under non-cancellable operating leases are as follows:
Office Equipment less than one year: £1,224 two to five years: £5,508
## **14. Financial instruments**
||**2025**|_2024_|
|---|---|---|
||**£**|_£_|
|**Financial assets**|||
|Financial assets measured at fair value through income and expenditure|**21,492**|_27,454_|
Financial assets measured at fair value through income and expenditure comprise of assets held for trading and those financial assets designated as being held at fair value through profit or loss.
Page 21
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **15. Statement of funds**
**Statement of funds - current year**
|**Balance at 1**
**April 2024**
**£**
**Unrestricted funds**
General Funds - all funds
**23,456**
**Restricted funds**
Restricted Funds - all funds
**5,453**
**Total of funds**
**28,909**|**Income**
**£**
**Expenditure**
**£**
**18,786**
**(24,755)**
**18,150**
**(18,150)**
**36,936**
**(42,905)**|**Transfers**
**in/out**
**£**
**3,323**
**(3,323)**
**-**|**Balance at**
**31 March**
**2025**
**£**
**20,810**|
|---|---|---|---|
||||**2,130**|
||||**22,940**|
Page 22
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **15. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
General Funds - all funds
**Restricted funds**
Restricted Funds - all funds
**Total of funds**|_Balance at_
_1 April 2023_
_£_
_11,596_
_2,186_
_13,782_|_Income_
_£_
_14,990_
_47,178_
_62,168_|_Expenditure_
_£_
_(5,907)_
_(41,134)_
_(47,041)_|_Transfers_
_in/out_
_£_
_2,777_
_(2,777)_
_-_|_Balance at_
_31 March_
_2024_
_£_
_23,456_|
|---|---|---|---|---|---|
||||||_5,453_|
||||||_28,909_|
## **16. Summary of funds**
**Summary of funds - current year**
|**Balance at 1**
**April 2024**
**£**
General funds
**23,456**
Restricted funds
**5,453**
**28,909**
**Summary of funds - prior year**
_Balance at_
_1 April 2023_
_£_
General funds
_11,596_
Restricted funds
_2,186_
_13,782_|**Income**
**£**
**Expenditure**
**£**
**18,786**
**(24,755)**
**18,150**
**(18,150)**
**36,936**
**(42,905)**
_Income_
_£_
_Expenditure_
_£_
_14,990_
_(5,907)_
_47,178_
_(41,134)_
_62,168_
_(47,041)_|**Transfers**
**in/out**
**£**
**3,323**
**(3,323)**
**-**
_Transfers_
_in/out_
_£_
_2,777_
_(2,777)_
_-_|**Balance at**
**31 March**
**2025**
**£**
**20,810**
**2,130**|
|---|---|---|---|
||||**22,940**|
||||_Balance at_
_31 March_
_2024_
_£_
_23,456_
_5,453_|
|General funds
Restricted funds||||
||||_28,909_|
Page 23
## **SANDWELL IRISH COMMUNITY ASSOCIATION**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **17. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2025**
**£**
Tangible fixed assets
2,341
Current assets
21,929
Creditors due within one year
(3,460)
**Total**
20,810|**Restricted**
**funds**
**2025**
**£**
-
-
2,130
2,130|**Total**
**funds**
**2025**
**£**
**2,341**
**21,929**
**(1,330)**
**22,940**|
|---|---|---|
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2024_
_£_
_2,634_
_22,407_
_(1,585)_
_23,456_|_Restricted_
_funds_
_2024_
_£_
_-_
_5,453_
_-_
_5,453_|_Total_
_funds_
_2024_
_£_
_2,634_
_27,860_
_(1,585)_
_28,909_|
|---|---|---|---|
Page 24