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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 05651900 (England and Wales) REGISTERED CHARITY NUMBER: 1113069

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR

LUTON IRISH FORUM

Wags LLP t/a Wagstaffs Chartered Accountants and Statutory Auditors Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

LUTON IRISH FORUM

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 10
Statement of Trustees' Responsibilities 11
Report of the Independent Auditors 12 to 15
Statement of Financial Activities 16
Statement of Financial Position 17 to 18
Notes to the Financial Statements 19 to 30

LUTON IRISH FORUM

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST MARCH 2023

TRUSTEES T C Scanlon - Chair M Winter - Vice Chair M Curtis - Secretary L Kitching - Treasurer P Sylvester - Assistant Treasurer M J Maguire (resigned 25/5/22) G S Grant (resigned 3/5/23) N C Kellett (resigned 20/5/22) D Drennan S Rooney (appointed 25/6/22) E Rushby (resigned 20/9/22) D E Crean (appointed 25/6/22) T Chiweshe (resigned 2/5/23) REGISTERED OFFICE Kathleen Connolly House 102 Hitchin Road Luton Bedfordshire LU2 0ES REGISTERED COMPANY NUMBER 05651900 (England and Wales) REGISTERED CHARITY NUMBER 1113069 AUDITORS Wags LLP t/a Wagstaffs Chartered Accountants and Statutory Auditors Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

Page 1

LUTON IRISH FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

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 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Principal objectives

The objects of the Charity, as stated in its memorandum of association, are to:-

Strategies / Activities to further objects

LIF is based at Kathleen Connolly House on Hitchin Road, Luton and is used also as a community centre which hosts a wide variety of community-based projects.

LIF's welfare team provides information, advice and advocacy relating to benefits, housing and health to all communities living locally. We are a vital agency within the local advice-giving sector and the only culturally specific organisation in the area working with AQS (Advice Quality Standard).

People of all ages, backgrounds and cultures enjoy our assorted social groups and activities, in a welcoming and safe environment. LIF's befriending service enables people who are unable or who don't go out much to have company and social interaction helping to reduce the effects of loneliness. Traditions such as Irish music, dancing and language are kept alive through our social groups and wider cultural activities. These activities appeal to people of all heritages, not just the generations of Irish living both locally and across the Irish Sea including our St Brigid's Day celebration and Luton St Patrick's Festival.

Our digital skills project provides practical support to people looking to get back into work. Jobseekers are supported to improve their online skills whilst receiving practical advice and support on the many aspects of finding, securing and maintaining paid employment.

We offer volunteering opportunities in different roles across almost all our services which enables people with a diversity of skills, knowledge and experience to be part of our volunteer team. Volunteers use their existing abilities, develop new skills, and build their confidence and self-worth while providing valuable help and support to local people from all communities. We are very proud to have been awarded the Queens Voluntary Award in 2020.

Page 2

LUTON IRISH FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

OBJECTIVES AND ACTIVITIES

Aims

From this, it is understood that the prime aims of the organisation are to improve welfare and promote culture of the Irish community in Luton, mainly but not specifically. Charitable activities include in particular the advancement of education, the furtherance of health, the promotion of social inclusion and the relief of poverty, distress and sickness. Kathleen Connolly House is the home of LIF, where all activities are co-ordinated, and many take place.

Objectives and key activities 2022 - 2032

1. Improve welfare/quality of life for local vulnerable people

2. Promote and retain Irish culture

3. Organisational Sustainability

Page 3

LUTON IRISH FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

OBJECTIVES AND ACTIVITIES

Public benefit

The Trustees confirm that they have had due regard for the Charity Commission guidance on public benefit.

The trustees believe that LIF's activities provide a public benefit as the charity promotes health and wellbeing, improves quality of life and increases social inclusion. Although originally set up to safeguard the needs of the Irish residents in Luton, LIF is now a truly representative community organisation whose services, activities and events are available to all.

LIF has made the following improvements in peoples' lives across its projects.

Welfare Service

St Patrick's Festival

Social Activities

Other

Page 4

LUTON IRISH FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

OBJECTIVES AND ACTIVITIES

The charity trustees have complied with their duty in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission. In making decisions on behalf of the charity, the trustees have considered the Charity Commission's guidance on public benefit, in particular those relevant to their principal objectives and activities. These have been set out in the above report.

Public benefit

Welfare Service

St Patrick's Festival

Social Activities

Intergenerational Activities and Events

Other

Page 5

LUTON IRISH FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

ACHIEVEMENT AND PERFORMANCE Charitable activities

The main achievements for the year:

Contribution of Volunteers

Our volunteers support LIF weekly in all our key operations such as reception, administration, finance, event management, gardening and caretaking. They enable us to offer social and cultural activities, enabling hundreds of people every week to interact with others in a safe and welcoming environment, thereby avoiding social isolation and offering an opportunity to gain information on further services to maintain or improve their health and well-being. They are essential in planning, promoting and running the annual Luton St Patrick's Festival. They also promote Irish culture to second and third generations. Irish people, helping young people gain a sense of identity and worth. Our volunteers' group was awarded the Queen's Award for Voluntary Service in 2020.

ACHIEVEMENTS AND PERFORMANCE

The main achievements for the year:

Fundraising activities

LIF has and exceeded its ambitious business strategy and growth plan to increase income to £417k by 2032 and expand its staff structure to 12 staff, and 1 self-employed staff over this period.

To support this growth LIF will establish a Friends Group to oversee the fundraising activities including other members as needed, for example, to access the networks and contacts of Board members and promote LIF and its work to potential individual and corporate donors.

To further the mission of the charity LIF has established a set of fundraising goals:

The fundraising strategy is set out in the business plan.

Page 6

LUTON IRISH FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

FINANCIAL REVIEW

Financial position

The financial position of LIF is shown throughout the financial statements and information within Objectives and Activities (above) detail the making of such financial position.

Reserves policy

It is the policy of LIF to maintain unrestricted funds, which are the free reserves of the organisation, at a level to cover management, administration and support costs and to respond to emergency applications for grants which arise from time to time. The Trustees have transferred to a designated fund reserves to cover approximately six months expenditure together with other provisions for contingencies. The Trustees will meet to review this provision on a monthly basis.

Fixed assets

Changes in fixed assets during the year are set out in the notes to the financial statements.

FUTURE DEVELOPMENTS

LIF's plan is to grow and expand in relation to the new opportunities and changes that are taking place socially, economically and politically which LIF is facing.

LIF faces major challenges in its project financing, and is developing a range of projects and income sources to:

a) spread the sources of income and increase the income levels, and through this minimises any risk to LIF; b) utilise market opportunities, and build on strengths to develop projects which will generate income; c) meet the aims and objectives of LIF.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Luton Irish Forum (LIF) is a registered charity and company limited by guarantee, which is governed by a memorandum and articles of association.

Responsibilities of the trustees

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the surplus or deficit of the charity for that year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the relevant law. They are responsible for safeguarding the assets of the and charity hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 7

LUTON IRISH FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

Suitable nominees, according to the regulations covered by the memorandum and articles, are introduced to the work of the organisation. S/he meets with a staff member, and/or Board Member and Secretary prior to submission for consideration by the Board. The organisation aims, as far as possible, to include a wide range of skills and representation from the local community which it serves.

New Board Members are encouraged to take part in events and networking meetings in order to ensure an understanding of the issues relating to the organisations work. All receive Charity Commission guidelines on their legal role and copies of LIF's policies over time. A joint strategy day is held annually to which staff and trustees are invited. LIF allows the attendance of non-voting co-opted members and observers on the Board to relevant partner organisations.

Organisational structure

The Chief Executive Officer of LIF reports to the board of trustees on a regular basis. This role is supported by various staff members and a large team of volunteers.

A detailed organisational map is available, on request, from the registered office address as detailed in the reference and administrative details on page 1.

Decision making

The trustees of the company who served during the year are listed with the legal and administrative details. Policy and Strategy are decided by the Board following consultation with staff, volunteers, student placements, users and members. Decisions regarding daily delivery of services in line with Board decisions are delegated to the Chief Executive Officer and senior staff. Trustees expect staff to keep them informed of potential opportunities and challenges which may lead to new developments.

Page 8

LUTON IRISH FORUM

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

WIDER RELATIONS

Partnerships:

Our welfare service is one of the key agencies in the local advice sector. We have a partnership called Luton Access through which we work alongside Citizens Advice Luton, Luton Law Centre and Luton Rights with Luton Borough Council to ensure the continued development of the local advice-giving sector. We are the only culturally specific agency in the local area working to the Advice Quality Standard quality mark and one of only two Irish organisations to hold the quality mark outside of London.

LIF is a key player in the following strategic partnerships:

We also have membership of:

During this period, we worked with the following local agencies.

Gerry Taylor Butcher and Grocer
Bangladeshi Youth League GP's Luton Women's Network
Bedford HMP Housing Associations Noah Enterprise
Bedfordshire Police Icap The Safer Luton Partnership
BT Events Irish County Associations Safe Home Ireland
NHS Trust Irish Dancing Schools Shri Guru Ravidass Sangat
Cardinal Newman Irish Network Stevenage St Joseph's School
Comhaltas Job Centre Plus University of Hertfordshire
Crosscare Littlehey HMP UK Centre for Carnival Arts
Curating Luton Luton Borough Council teams University of Bedfordshire
Event Production Live Luton Culture
Food First Campaign Luton Foodbank
Gaelic Athletic Association clubs Luton Mall

Risk Management

The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the Charity and are satisfied that systems are in place to mitigate our exposure to the major risks. These procedures are periodically reviewed.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the trustees are aware, there is no relevant information (as defined by Section 418 of the Companies Act 2006) of which the charitable company's auditors are unaware, and each trustee has taken all the steps that they ought to have taken as a trustee in order to make them aware of any audit information and to establish that the charitable company's auditors are aware of that information.

Page 9

LUTON IRISH FORUM REPORT OF THE TrUSTEES FOR THE YEAR ENDED 31ST MARCH 2023 This report ha5 been prepared In accordance with the special provisions of Part 15 of the Companies Act 2006 relatlng to small companles. Approved by order of the board of trustees on l ￿.￿.1)n￿...￿O2.%... and signed on its behalf by: g£Ja T C Scanlon- Trustee Page 10

LUTON IRISH FORUM

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31ST MARCH 2023

The trustees (who are also the directors of Luton Irish Forum for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 11

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LUTON IRISH FORUM

Opinion

We have audited the financial statements of Luton Irish Forum (the 'charitable company') for the year ended 31st March 2023 which comprise the Statement of Financial Activities, the Statement of Financial Position and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Page 12

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LUTON IRISH FORUM

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 13

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LUTON IRISH FORUM

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 14

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LUTON IRISH FORUM

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

for and on behalf of Wags LLP t/a Wagstaffs Chartered Accountants and Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP Date: .............................................

Page 15

LUTON IRISH FORUM

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
7,318
Charitable activities
6
Grants received
56,401
Other trading activities
4
80,797
Investment income
5
2,569
Other income
7
16,768
Total
163,853
EXPENDITURE ON
Charitable activities
8
Direct charitable expenditure
205,490
NET INCOME/(EXPENDITURE)
(41,637)
RECONCILIATION OF FUNDS
Total funds brought forward
268,937
TOTAL FUNDS CARRIED FORWARD
227,300		 Restricted
funds
£
-
269,542
-
-
-
269,542
278,255
(8,713)
337,067
328,354		 2023
Total
funds
£
7,318
325,943
80,797
2,569
16,768
433,395
483,745
(50,350)
606,004
555,654		 2022
Total
funds
£
6,284
355,533
50,639
1,039
38,694
452,189
413,811
38,378
567,626
606,004

The notes form part of these financial statements

Page 16

LUTON IRISH FORUM (REGISTERED NUMBER: 05651900)

STATEMENT OF FINANCIAL POSITION 31ST MARCH 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
15
3,456
CURRENT ASSETS
Debtors
16
8,007
Cash at bank
268,362
276,369
CREDITORS
Amounts falling due within one year
17
(52,525)
NET CURRENT ASSETS
223,844
TOTAL ASSETS LESS CURRENT LIABILITIES
227,300
NET ASSETS
227,300
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
328,354
-
-
-
-
-
328,354
328,354		 2023
Total
funds
£
331,810
8,007
268,362
276,369
(52,525)
223,844
555,654
555,654
227,300
328,354
555,654		 2022
Total
funds
£
341,676
3,431
306,072
309,503
(45,175)
264,328
606,004
606,004
268,937
337,067
606,004

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.

The trustees acknowledge their responsibilities for

These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.

The notes form part of these financial statements

Page 17

LLrroN IRISH FORUM (REGISTERED NUMBER: 05651900 STATEMENT OF FINANCIAL POSITION- continued 31ST MARCH 2023 These financial statements have been prepared in accordance wlth the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 13th June 2023 . and were signed on ils behalf bv: e£.] T C Scanlon- Trustee L KitchinE- Trustee The notes form part of these financial statements Page 18

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Luton Irish Forum is a private company limited by guarantee, registered in England and Wales, as well as being a registered charity within the same jurisdiction. The charity's registrations number and registered office address can be found within the reference and administration details.

The presentation currency of the financial statements is the Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue

Revenue is recognised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Revenue from government and other grants, whether capital or revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Revenue received from charitable activities is recognised as of when earned.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold - 50 years straight line Fixtures and fittings - 33% on cost and 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Page 19

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

2. ACCOUNTING POLICIES - continued

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

3. DONATIONS AND LEGACIES

Donations
OTHER TRADING ACTIVITIES
Sales of goods
Room hire
Festival income
Sundry receipts
Membership subscriptions
Raffle
INVESTMENT INCOME
Bank interest received		 2023
£
7,318
2023
£
15,483
19,180
25,170
12,246
1,804
6,914
80,797
2023
£
2,569		 2022
£
6,284
2022
£
7,583
17,263
11,562
8,229
1,688
4,314
50,639
2022
£
1,039

4. OTHER TRADING ACTIVITIES

5.

Page 20

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

6. INCOME FROM CHARITABLE ACTIVITIES

Grants
Grants received, included in the above, are as follows:
Department of Foreign Affairs and Trade; Emigrant Support Programme
Luton Borough Council
London Luton Airport
Heritage Lottery Trust
Bedford and Luton Community Foundation
Irish Youth Foundation
The Wixamtree Trust
Ireland Fund of Great Britain
Reaching Communities
The Harpur Trust
JP McManus
Access to Justice Foundation
European Social Fund
The Department of Work and Pensions
7.
OTHER INCOME
Other income		 2023
Grants
received
£
325,943
2023
£
162,285
20,000
26,111
-
19,750
6,000
5,000
8,000
-
10,200
3,000
12,196
53,401
-
325,943
2023
£
16,768		 2022
Total
activities
£
355,533
2022
£
131,500
19,000
27,237
8,400
15,700
6,000
10,000
-
79,255
4,800
3,000
2,181
44,433
4,027
355,533
2022
£
38,694

Page 21

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

8. CHARITABLE ACTIVITIES COSTS

Direct charitable expenditure
9.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Office costs
Project costs
Training costs
Transport costs
Premises costs
10.
SUPPORT COSTS
Direct charitable expenditure
Support costs, included in the above, are as follows:
Auditors' remuneration
Accountancy and legal fees		 Direct
Support
Costs (see
costs (see
note 9)
note 10)
Totals
£
£
£
480,115
3,630
483,745
2023
2022
£
£
300,338
268,446
45,506
41,490
79,410
59,394
830
-
5,683
1,787
48,348
39,394
480,115
410,511
Governance
costs
£
3,630
2023
2022
Direct
charitable
Total
expenditure
activities
£
£
2,100
2,100
1,530
1,200
3,630
3,300

Page 22

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

11. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£ £
Auditors' remuneration 2,100 2,100
Depreciation - owned assets 9,866 9,663

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2023 nor for the year ended 31st March 2022.

Trustees' expenses

Trustees' expenses paid for the year ended 31st March 2023 were £97.20 (2022: £nil). Such expenditure was incurred in respect of support costs of the charity.

13. STAFF COSTS

Staff costs 2023 2022
£ £
Wages and salaries 300,338 268,446
The average monthly number of employees during the year was as follows:
Total employees		 2023
11		 2022
10

No employees received emoluments in excess of £60,000.

Page 23

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
6,284
Charitable activities
Grants received
60,641
Other trading activities
50,639
Investment income
1,039
Other income
38,694
Total
157,297
EXPENDITURE ON
Charitable activities
Direct charitable expenditure
80,168
NET INCOME/(EXPENDITURE)
77,129
RECONCILIATION OF FUNDS
Total funds brought forward
191,808
TOTAL FUNDS CARRIED FORWARD
268,937		 Restricted
funds
£
-
294,892
-
-
-
294,892
333,643
(38,751)
375,818
337,067		 Total
funds
£
6,284
355,533
50,639
1,039
38,694
452,189
413,811
38,378
567,626
606,004

Page 24

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

15. TANGIBLE FIXED ASSETS

COST
At 1st April 2022 and 31st March 2023
DEPRECIATION
At 1st April 2022
Charge for year
At 31st March 2023
NET BOOK VALUE
At 31st March 2023
At 31st March 2022		 Long
leasehold
£
419,500
82,433
8,713
91,146
328,354
337,067		 Fixtures
and
fittings
£
60,234
55,625
1,153
56,778
3,456
4,609		 Totals
£
479,734
138,058
9,866
147,924
331,810
341,676

Luton Irish Forum has a leasehold interest in the building. The Kathleen & Michael Connolly Foundation previously advanced £120,000 for the purpose of funding the development of the property as a forum. In the event that the building is not used for this purpose these monies are refundable.

16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023 2022
£ £
Trade debtors 8,007 3,431

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LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Other creditors
Deferred income
Accrued expenses		 2023
£
5,254
1,035
42,886
3,350
52,525		 2022
£
6,991
1,208
33,626
3,350
45,175

The deferred income liability has arisen in order to recognise grant income in the appropriate financial period.

18. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated fund
Restricted funds
Building
TOTAL FUNDS		 At 1/4/22
£
198,937
70,000
268,937
337,067
606,004		 Net
movement
in funds
£
(41,637)
-
(41,637)
(8,713)
(50,350)		 At
31/3/23
£
157,300
70,000
227,300
328,354
555,654

Page 26

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

18. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Building
Department of Foreign Affairs and Trade;
Emigrant Support Programme
London Luton Airport
Luton Borough Council
Bedford and Luton Community
Foundation
Irish Youth Foundation
The Wixamtree Trust
Ireland Fund of Great Britain
The Harpur Trust
Access to Justice Foundation
TOTAL FUNDS		 Incoming
resources
£
163,853
-
162,285
26,111
20,000
19,750
6,000
5,000
8,000
10,200
12,196
269,542
433,395		 Resources
Movement
expended
in funds
£
£
(205,490)
(41,637)
(8,713)
(8,713)
(162,285)
-
(26,111)
-
(20,000)
-
(19,750)
-
(6,000)
-
(5,000)
-
(8,000)
-
(10,200)
-
(12,196)
-
(278,255)
(8,713)
(483,745)
(50,350)

Page 27

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/4/21
£
Unrestricted funds
General fund
121,808
Designated fund
70,000
191,808
Restricted funds
Building
345,193
Department of Foreign Affairs and Trade;
Emigrant Support Programme
30,625
375,818
TOTAL FUNDS
567,626
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
157,297
Restricted funds
Building
30,625
Department of Foreign Affairs and Trade;
Emigrant Support Programme
103,875
London Luton Airport
27,237
Luton Borough Council
19,000
Heritage Lottery Trust
8,400
Bedford and Luton Community
Foundation
15,700
Irish Youth Foundation
6,000
Reaching Communities
79,255
The Harpur Trust
4,800
294,892
TOTAL FUNDS
452,189		 Net
movement
At
in funds
31/3/22
£
£
77,129
198,937
-
70,000
77,129
268,937
(8,126)
337,067
(30,625)
-
(38,751)
337,067
38,378
606,004
Resources
Movement
expended
in funds
£
£
(80,168)
77,129
(38,751)
(8,126)
(134,500)
(30,625)
(27,237)
-
(19,000)
-
(8,400)
-
(15,700)
-
(6,000)
-
(79,255)
-
(4,800)
-
(333,643)
(38,751)
(413,811)
38,378

Page 28

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

18. MOVEMENT IN FUNDS - continued

Unrestricted funds have previously been designated for the payment of the employment costs of the chief executive officer of the charity. This is released on an annual basis, by way of funds transfer, to cover the employment costs in that year of the chief executive officer.

Project / post Funder Cost centre
Chief Executive Officer Department of Foreign Affairs and Trade; Salary, NIC and Project Costs
Emigrant Support Programme
Welfare Service Department of Foreign Affairs and Trade; Salary, NIC and Project Costs
Emigrant Support Programme
Luton Airport Ltd Salary, NIC and Project Costs
Access to Justice Community Fund Salary, NIC and Project Costs
Bedford and Luton Community Foundation - Salary, NIC and Project Costs
Recovery and Collaboration Fund
Wixamtree Trust Salary, NIC and Project Costs
Ireland Fund of Great Britain Project costs
Social Activities Department of Foreign Affairs and Trade; Salary, NIC and Project Costs
Emigrant Support Programme
Festival Department of Foreign Affairs and Trade; Project Costs
Emigrant Support Programme
Luton Airport Limited Project Costs
Luton Bid Project Costs
Various sponsors Project Costs
Intergenerational Department of Foreign Affairs and Trade; Salary, NIC and Project Costs
Emigrant Support Programme
Irish Youth Foundation Project costs
Luton Digital Skills European Social Fund Salary, NIC and Project costs
Project
Traveller Support Department of Foreign Affairs and Trade; Salary, NIC and Project Costs
Emigrant Support Programme
The Harpur Trust Project Costs
Luton Borough Council Project Costs
Irish Episcopal Council for Emigrants Project Costs

Page 29

LUTON IRISH FORUM

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2023 (2022: None).

Page 30